VIDEO: NYK claims a world first in autonomous ship operation Japan's NYK Line has conducted what it says is the world's first Maritime Autonomous Surface Ships (MASS) trial to be performed in accordance with the IMO's interim guidelines such trials. NYK's goal
Bourbon Rhode: Body recovered Bourbon Offshore said today that the body of one of the crew members aboard its tug supply vessel Bourbon Rhode had been located and recovered. The Bourbon Rhode, with 14 crew on
Port Authority of Jamaica orders Damen utility vessel Damen Shipyards Group has signed a contract to supply the Port Authority of Jamaica (PAJAM) with a Utility Vessel 3911 that will be used for buoy-laying and maintenance support operations. The UV
Teekay's Yamal LNG activities hit by OFAC's COSCO sanctions The Teekay Group has postponed an investor and analyst meeting set for tomorrow in order to 'fully focus on avoiding undue disruption to Teekay LNG's business from certain complex issues that have
Delivery of newbuild box ship delayed Iceland based operator Eimskip reports that it faces a delay in the delivery of the first of two 2,150 TEU container vessels - Bruarfoss and Dettifoss - it has under construction in
BIMCO proposes limits on ships' power A proposal submitted to the International Maritime Organization (IMO) by BIMCO would regulate the propulsion power of ships in order to sustain the greenhouse gas emissions savings already achieved through slower steaming.
From the News Desk: Sanctions shockwaves create volatility, but also opportunity Last week's US sanctions on two Cosco Shipping Energy Transportation subsidiaries sent shockwaves through the market, triggering tightened supply and...
Shipping industry moves to mitigate sanctions risks Last week the tanker market was thrown into chaos as oil traders sought alternative ships and insurers withdrew cover because...
BIMCO proposes regulating ship power to curb emissions The shipping association suggests limits on power, which are based on average speed, to help curb emissions in the short...
Carriers tame volatility on South America trade Economic woes in South America have not stopped carriers maintaining pricing leverage on the Asia-South America east coast trade
European shipowners push back against calls for EU regulation of shipping Ecsa warns administrative burden would hurt small and medium-sized shipowners particularly
Maran's first FSRU goes to Excelerate The 173,400 cu m unit is equal in capacity to the 2014-built Experience, the largest of Excelerate's existing fleet of...
Piraeus posts higher first-half earnings Investment plan has received initial approval from the Greek government, but a final announcement has yet to be made
Gard confirms cover for Ulsan explosion ships Club says vessels Stolt Groenland and Bow Dalian are entered for P&I cover and have H&M insurance at Gard
Teekay tanker joint venture 'blocked' by sanctions on Cosco units Teekay assesses impact of sanctions on the $2.1bn fleet of ice-breaking LNG carriers it co-owns with China LNG
Kjaedegaard takes advisory role at digital services specialist After focusing on ships and ports for most of his career, Jesper Kjaedegaard is taking on a role in the...
Globus Maritime posts heavier second-quarter loss Globus cites 'severe pressure' in the market resulting from trade war concerns and disruptions to the iron ore trade
Blockchain pioneer suspends operations Regulatory uncertainty as well as a failed partnership with INTTRA put paid to TEU token system
Daily Briefing Free to read: The Interview: Xu Lirong | Cosco caught offguard in Huawei headwinds | The Lloyd's List Podcast |...
Fire on two tankers in Ulsan injures 18 The fire has been put out, but authorities cautioned there are petrochemicals on board and are still assessing when it...
Eleven crew missing after Bourbon tug sinks in Atlantic Five commercial vessels, several aircraft and the French navy's surveillance frigate along with an accompanying helicopter, are involved in the...
Sanctions spark short-term bullishness for VLCCs Very large crude carriers could benefit from replacement demand, although the recent spike in freight rates may melt away in...
CMA CGM appoints head of security The French group's new head of security had been the chief negotiator when the luxury cruise yacht Le Ponant, which...
Cosco Shipping Energy Transportation shares plunge as trading resumes Tanker markets have been rocked in recent days by uncertainty concerning the fallout from the sanctions because CSET has not...
US transportation department rallies behind Chao In a letter, the Department of Transportation denies all the allegations made against Chao
Sanctions bite Teekay LNG, while lifting Teekay Tankers Teekay cancels investor day, says it is working to resolve the issues around its Yamal LNG joint venture
Tanker earnings surge again as Cosco fallout continues With Chinese tanker giant effectively out of trading, crude and product tanker segments are enjoying broad gains
Royal Caribbean sues agent for failing to pay subcontractor Azamara is the cruise giant's "up-market" brand "for discerning travelers"
Pareto hungry for more as offshore brokers join UK operation boosted by hires from DEME and Prosafe
Links emerge between blacklisted Chinese companies and vessels in Iran trade Six companies censured are all connected to each other - and to two sanctions-busting ships
Baltic Exchange regatta proves far from plain sailing for novices The invitation from the Baltic Exchange Sailing Association (BESA) looked tempting. "If you have never sailed, don't be daunted. This is a perfect chance to try it out!" it said. So, sailing novices from the Young Baltic Association (YBA) headed to the Isle of Wight, off England's south coast, to compete for the Finn Trophy in one of the City of London's premier regattas. However, testing condi
Bimco leads crusade for ship-propulsion limits at IMO Shipowners' organisation suggests formula to lock in emissions reductions achieved by slow-steaming.
Clarksons bets on LNG as 30% of world fleet now 'eco' Acceleration of LNG-fuelled vessel orders looks likely, Stephen Gordon says.
Thomas Miller expands in Japan New company set up in Tokyo and Imabari to support UK P&I Club
Spark Commodities joins the party on LNG freight swaps New kid on the block makes a start with first deal concluded against one of its route assessments
Eight stowaways found in ship's engine room Albanians taken off Amasus vessel by armed police in France.
Fourth industrial revolution no threat to shipping employment New roles will be required by technological change already underway in shipping
PIL retrofitting 30% of fleet with scrubbers Singapore line's vessels will switch to LSFO where open-loop systems are banned.
Signs suggest charter rates for large boxships may have peaked Analyst believes market will rebalance in the new year, with rates for larger boxships returning to 'normal'
Cryo Shipping enters race for first hydrogen bunker ship Norwegian newcomer working with Norled to supply sustainable fuel.
Teekay eyes first western green bond issue for newbuilds as capital hunt steps up Shuttle tanker arm going out on the road to drum up interest for $150m sale
Norwegian insurers burned by Stolt tanker blast Insurance cover for tankers Stolt Groenland and Bow Dalian is mainly with Gard
Evangelos Pistiolis books MR trio at Hyundai Mipo Dockyard Greek shipowner raises IMO 2020 wager with order for scrubber-fitted newbuildings
Excelerate Energy takes on Maran Gas Maritime's FSRU John Angelicoussis finally finds a solution for the company's first speculatively-ordered regas unit
Wilson Europe questions 'pack mentality' among P&I clubs in seeking rate rises P&I executives have given strong hints they are keen to impose general increases as profits falter, despite International Group free reserves estimated at $5.3bn
Tufton Oceanic splashes $20m on crude tanker UK owner is quick to spend proceeds of latest share issue.
Shaft generator damage delays Eimskip newbuilding Replacement kit will have to be built and installed on vessel under construction in China.
Stena Impero 'in good condition' as it reaches Dubai Stena Bulk CEO Erik Hanell says crew in good spirits after Iranian ordeal.
Maersk pools to feature scrubber and non-scrubber tankers Danish shipowner says at least 20 ships across its various pools will use scrubbers
Cosco's tanker unit plunges on US sanctions as shares resume trading The collapse in CSET stock price wipes out $760m in shareholders' value in Hong Kong
Competition watchdog growls at world's biggest coal port Rod Sims, the chairman of the Australian Competition and Consumer Commission, has barked at the many monopolists inhabiting Australia, including the world's biggest coal export...
U.S. Xpress amends credit agreement U.S. Xpress announced that it has amended its credit facility to provide the company with a little more flexibility on its financial covenants as an...
U.S. DOT's Chao refutes ethics violations Calls allegations she used her position to benefit family's shipping business "false".
Forever 21 Canada's bankruptcy filings reveal transport partners As retailer prepares to close all 44 Canadian stories, court documents reveal transportation, logistics and customs providers that stand to lose business.
Via, on-demand mobility app, rethinks public transit in Birmingham and Atlanta's Buckhead Imagine if Uber and public transit had a baby.
YRC Freight onboards 600 branded intermodal containers with BNSF's help The company is following through on a pledge to acquire 1,000 branded intermodal containers by the end of 2020.
Roadrunner downsizes dry van business, announces closures of five terminals, mass layoffs at five other locations Truck drivers and employees for Rich Logistics, which is owned by Roadrunner Transportation Systems, were notified by letter on September 30 from the company's president...
USPS investigating drone delivery options Agency envisions using trucks as launch point for last-mile customers.
Drayage Update - Port of Savannah is poised to take on Los Angeles and Long Beach Market expert Henry Byers sits down with FreightWavesTV anchor Emily Szink to talk about how the Port of Savannah is aggressively expanding its operations. In...
Know before you go: The impact of seeing wait times before accepting loads Surging wait times can threaten a carrier's bottom line. KeepTruckin has set out to change that.
Today's pick-up: A nickel for your thoughts; car-haulers cry the capacity-shortage blues A shortage of nickel may stall EV battery production' car haulers cry the driver shortage blues; where will the value-added warehouse jobs come from?
More states and groups voice opinions about Washington state's crude-by-rail law The federal agency on hazardous materials transport has received over 4,000 comments about the law.
Freight Futures daily curve: 9/30 Last week in Trucking Freight Futures: A tale of three regions!
Blackstone puts money where mouth is by dropping $5.9 billion for Colony Industrial's last-mile logistics network Blackstone puts money where mouth is by buying US last-mile assets of Colony Industrial
Aigle Azur flies into history books After two unsuccessful bidding rounds, France's second largest airline has entered liquidation
Maritime blockchain platform 300cubits shuts down due to lack of traction Hong Kong-based 300cubits is suspending its platform after it failed to generate sustained interest within the maritime logistics space due to issues with interoperability and...
Keeping your connected vehicle safe from software hackers Connected vehicles usher in high levels of complexity due to increasing functionalities, and it is vital for software security to take stock of the situation...
Volvo Trucks boss Peter Voorhoeve talks market share and autonomous projects Peter Voorhoeve recently passed his first anniversary as president of Volvo Trucks North America after five years running Volvo Group's (OTC: VLVLY) Australian operations. During...
Strengthening Typhoon Mitag threatens giant box terminals in Taiwan, China, South Korea, Japan Northern Asia is again in the cross-hairs of an extreme weather event as Typhoon Mitag bears down on some of the busiest box ports in...
Chemical tanker explosion sends fireball roaring into sky (warning: graphic video and images) A massive explosion aboard a chemical tanker blew a fireball and mushroom cloud into the sky over the weekend at the Port of Ulsan, South...
Fuel oil paper market sees high volatility ahead of IMO 2020 Uncertainty ahead of the lower sulfur cap regulation led to strong volatility in the derivatives markets for contracts linked to the 3.5% FOB Rotterdam barges.
Shippers set for IMO 2020 supply complications The shipping industry is queuing up for getting scrubbers installed, while the majority are preparing for using low sulfur fuel oil and marine gasoil.
Asian naphtha, LPG set to firm on Middle East tightness; gasoline stabilizes Amid the region's supply jitters and strong FOB AG spot premiums, buyers are worried about inflated term premiums.
Singapore Marine Fuel 0.5% premium to 380 CST HSFO weakens on ample supply "Those traders who have enough storage capacity is fine, but those who don't, have to sell their stocks quickly," a trader said.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
