MacGregor system helps world's biggest box ship max its TEU capacity A MacGregor designed cargo system design, combined with a 24 container wide ship design, takes the total container capacity of the world's largest containership, MSC Güls'n to 23,756 TEU, which is 1,500
Euronav reveals details of IMO 2020 strategy When the IMO 2020 global fuel sulfur cap kicks in on January 1, 2020, tanker giant Euronav NV (NYSE: EURN) should have no trouble obtaining compliant fuel. It already has 420,000 metric
Schottel delivers propulsion units for BC Ferries battery hybrids Spay, Germany, headquartered Schottel has delivered propulsion units for two 81 meter road ferries under construction at Damen Shipyards Galati, Romania, for Canada's BC Ferries. Each will be equipped with two high-efficiency
Forty year old ferry back at work following four-month refit Gladding-Hearn Shipbuilding, Somerset, Mass., has just completed a four-month refit of the Cormorant, a ferry that it delivered in 1979. Since then, the vessel has logged thousands of miles under its keel
U.S. Treasury moves against Iranian controlled shipping network The U.S.Department of the Treasury's Office of Foreign Assets Control (OFAC) has taken action against a large shipping network that, it says, "is directed by and financially supports the Islamic Revolutionary Guard
ExxonMobil agrees strategic co-operation with China Merchants Energy Shipping The companies said the deal will allow them to undertake joint projects in fields including digital transformation, advanced engines, lubricants...
IACS head sees alternative fuel as solution to decarbonisation goal Mr Sharma, who assumed the role on July 1, says shipowners will need to make necessary investments by the middle...
Maersk agrees Dutch deal for 2020 fuel The production is expected to cover 5%-10% of Maersk's annual fuel needs
Petredec orders up to four ethylene carriers Owner orders two 22,000 cu m vessels from Jiangnan Shipyard with options for another two newbuilds
Viewpoint: A maritime spectacular Shipping weeks provide huge amount of information, whether you are seeking commercial, legal or technical knowledge ensuring you leave better informed
Monjasa carries out ship-to-ship bunkering of VLSFO Monjasa uses product tanker off Portland Port to fuel British-flagged ro-ro vessel
The Lloyd's List Podcast: Your insider's guide to London International Shipping Week Paddy Rodgers, the former Euronav chief executive and current director of Royal Museums Greenwich, looks ahead to the London International...
Maersk's rail offering shows global strategy firmly on track Maersk plans to more than double its share of the transcontinental rail market between Asia and Europe
Oldendorff says bulk carrier disabled in Singapore Strait The capesize vessel was en route to Qingdao from Guaiba Island terminal in Brazil when the incident took place and...
Clipper Bulk adds handysizes to fleet Copenhagen-based company says the 2010-built vessels are expected to be delivered in the coming months
Euronav secures funding for 2020-compliant fuel oil purchase The company bought 420,000 tonnes of very-low sulphur fuel oil and marine gas oil and will store them on one...
Stena Impero owner says some crew freed by Iran Swedish firm says the seven seafarers are travelling to a safe location but 16 remaining crew members are still held...
Samsung Heavy and Zvezda team up to build Arctic-2 LNG carriers Deal comes after the $21bn Arctic LNG-2 plant led by Russian private gas producer Novatek gained its final investment decision...
Daily Briefing Free to read: Iran to release seven Stena Impero crew | Maersk vessel at centre of UK's biggest heroin seizure...
Portsmouth hails wider UK economic impact Study shows that UK port's economic benefits go far beyond the port gates
Concerns grow along Atlantic seaboard as Hurricane Dorian crawls northwards 'Life-threatening storm surge and dangerous winds are expected along portions of the coasts of Georgia, South Carolina and North Carolina...
Total readies for six month low-sulphur transition Total wants to maintain 'flexibility' either sourcing directly from its refineries or blending heavy fuel oil and distillates to help...
Maersk cyber attack sparked genesis of Digital Container Shipping Association Exposure of the "insanely complex" nature of IT systems drove move towards industry standards
Yangzijiang secures more Bocomm Leasing-linked VLOC orders Singapore-listed company has issued 17 share buybacks since mid-August, after the chairman Ren Yuanlin was confirmed to be assisting in...
Renewed trade talks push shipping stocks up Good news on the trade war front bumped up shipping stocks Thursday. After the US and China announced they would hold trade talks in early October, most New York-listed shipping companies closed the day up. Bet on 2020 being 'best year in a half decade' but no supercycle China's tariff on US crude may prompt VLCC diversions Among the top performers were Scorpio Tankers, Matson and Kirby Corp.
US offering $15m for information on Iranian oil schemes The "unprecedented" plan could pay up to $15m for information on Iranian military activities
Seamaster recruits ex-Baltic Exchange veteran Marcus Lee Singapore-based executive lands top job at expanding Chinese shipbroker
Scrubbers, eco tonnage still good investments despite weak bunker prices, says Alphatanker Overall fuel costs and the price spreads between compliant fuels and HSFO are still expected to jump on IMO 2020
Veteran NYK museum ship switches to renewable power A 90-year-old NYK museum ship is moving with the times in a switch to renewable power. The Hikawa Maru (built 1930) is moored in front of Yamashita Park in Yokohama. The Japanese shipowner said it is now being powered by electricity sourced from renewable energy, mainly generated by the Hibaritaira Wind Power Plant. "This power plant is covered by Japan's Feed-in Tariff Scheme for Renewable Ene
Mexico's Empresas Nieto turns shipowner via Hyundai order Enquiry for midsize LPG newbuildings is increasing as market strengthens
Maersk secures more low-sulphur fuel in Dutch deal Danish shipping giant moves for further IMO 2020-compliant bunker supplies in Rotterdam
Monjasa completes first LSFO ship-to-ship transfer Danish bunker group supplies first low-sulphur fuel after "years of preparation."
Petredec signs up with Jiangnan for ethylene quartet Trader-owner says order is a sign of its "strong belief" in growing petrochemical market
Frangou family's Maritime Enterprises offers cape for sale A company linked to Greece's Frangou family interests is seeking to take advantage of a red-hot bulker market to offload a 19-year-old capesize vessel. Maritime Enterprises Management has put the 170,800-dwt Hope I (built 2000) - its biggest and oldest ship - up for sale, brokers said. Maritime Enterprises is a successor to Franser Shipping, the first company vehicle established by Angeliki Fran
Epic Gas strikes double leaseback deal Singapore owner seals agreement with Japanese company for 2010-built ships to complete refinancing.
Thenamaris expands gas carrier orderbook with LPG newbuilds Major Greek owner said to have booked 38,000-cbm double at Hyundai Mipo Dockyard
Doris Maritime Services to exit shipowning as CDB bulks up Nicholas Wirth has undisclosed new investment targets after fleet sale to a growing Chinese player
Elenger muscling in on Baltic LNG bunkering Estonian-owned group steps up supply operations in deal with UECC
Bryn Skaugen to exit shipping with stake sale in Massoel venture Family company B Skaugen exits joint venture with Switzerland's Massoel
OSVs maintain rate recovery as ships redeploy Seabrokers says anchor-handler numbers were at highest levels so far this year in August.
DAL/JTE outsources fleets to Hanseatic Unity and Blue Net Three bulkers go to Hanseatic Unity Handysize Pool, and three boxships go to Blue Net Chartering
SCI tanker sold for recycling in subcontinent Ankleshwar to be torched after suezmax scrapping hiatus
Novatek moves forward with LNG bunkering plan for Rostock A small-scale LNG carrier and bunker vessel are needed for a new supply project from the Cryogas-Vysotsk plant to northern Germany
Russian leasing company plots 100 newbuilds to 2031 State-owned STLC plots new cargoships, ferries and dredgers.
Stena Bulk says seven crew released in Iran Swedish owner confirms seafarers are travelling to safe location to meet families.
TMS Cardiff Gas closes in on its next LNG carrier newbuilding Greek owner set to inch up fleet after fixing its last open new ship to energy major Total
Cream of Greek shipping world comes together at Andros Yacht Race For a second straight year, gale-force currents posed a steep challenge for participants at the Andros International Yacht Race. The event, which typically has a strong showing from shipowners, clocked up its 52nd edition this week. Named after its founder and legendary owner John Goulandris, who hailed from the Aegean island, the race attracted several big-name shipping companies that sponsored
Novatek green-lights Arctic LNG 2 project for 2023 start-up Company is teaming with Sovcomflot on 17 ice-breaking LNG carriers that will be built in Russia
Skuld sees profits plunge on back of increased pooled claims Profits at Skuld haven take a tumble in the first half of this year after an increase in pooled claims. In the first six months of the current 2018/2019 policy year, the Oslo-based protection and indemnity mutual reported a net profit of $2m compared to $14m in the same period in the previous year. Skuld said claims from its own members and increased pool claims under the International Group of
Shipowners face off over 'disruption' or 'digital hype' Chinese shipowners debated digital disruption in shipping at today's TradeWinds forum in Shanghai
Capital Maritime grabs first-mover role on LNG-fuelled VLCCs Greek owner signs LOI for $1.5bn order for up to 14 dual-fuel ships as it eyes charter and spot business
Chinese lessor Minsheng shifts 'from money to tonnage' Growing finance provider says it is moving towards operating more of the ships if finances.
Swedish Club earns $17m profit despite rising claims Half-year results helped by healthy investment return
Mystery cargoship found drifting in mid-Atlantic HMS Protector investigates fate of unresponsive vessel.
Euronav reveals LSFO stockpile and shift on scrubber stance VLCC owner takes on dedicated team to meet challenge of new regulations.
WWF Canada comes out against scrubbers Regional office of famous nature conservation charity calls on Ottawa government to take "bold action"
CargoSmart and SSE plan boxship reliability benchmark Companies plan to establish index scope and methodology via joint working group
Sanoyas Shipbuilding develops LNG-fueled woodchip carrier Mid-size Japanese shipbuilder has already attained AIP from ClassNK for vessel design
US offered Adrian Darya 1 captain cash to help seize VLCC Financial Times: State Department officials approached several captains with similar offers
Lauritzen set for bulker owning exit with sale of China-built trio Trio of handysizes are heading for Clipper Group at an undisclosed price
Loadsmart loads up $19 million funding for drayage app Maersk and Ports America onboard with app designed to optimize fraught process of picking up boxes.
Washington Supreme Court upholds wage averaging in trucking industry The Washington State Supreme Court issued a decision September 5 stating that trucking companies are not obligated to pay drivers separately for "non-piece rate" activities....
Safety group calls for Tesla recall after NTSB report Federal agency finds company's "Autopilot" technology played a role in 2018 accident.
Getaround seeking $200M on $1.7B valuation The raise suggests the mobility market is shifting in favor of companies that directly connect people to vehicles.
Halifax reports disruptions as Dorian moves toward Canada Port reports early arrivals and diversions ahead of hurricane's arrival in Atlantic Canada as forecasters warn of "severe impact."
UPS incorporates Foreign Trade Zone services into operations; designates four airports as FTZs UPS embeds Foreign Trade Zone capabilities into its operations; designates 4 US airports as FTZs
U.S. railroads could face billions in losses as coal demand slumps The decline in U.S. coal production could cost the railroads billions in lost revenue.
Additional suppliers reveal investments in Nikola's fuel cell-electric trucks Nikola Corp. revealed two more funding sources of its heavy-duty fuel cell truck on Thursday, September 5. German supplier Robert Bosch LLC and South Korean...
Contrarian peak season call from Universal Logistics While management teams at some of the nation's largest TL carriers have been talking up the potential for a solid peak shipping season, Universal Logistics...
Target tells suppliers to eat higher tariff-related costs Target tells its suppliers to forget about tariff-related price increases.
FreightFriend introduces new carrier search feature Finding reliable, trustworthy transportation partners is a challenge for shippers, brokers, and 3PLs in today's logistics industry. Search tools currently on the market only allow...
Container ships wait on Southeast port reopenings after Dorian Delays, diversions and weekend gates as ports get back to normal schedules.
Commentary: Hurricane Dorian and thinking about extreme weather events Brian Aoaeh writes about the disruption to supply chains caused by hurricanes and extreme weather.
FreightWaves provides free SONAR access as Hurricane Dorian lashes the U.S. coast SONAR provides real-time data on Dorian's progress and forecast, along with likely and actual impacts to transportation and energy infrastructure.
FreightWaves CEO and Founder named to Folio: 100 FreightWaves Founder and CEO Craig Fuller has been named to the Folio: 100.
Freight Futures daily curve: 9/5 East region forward curve tracks lower expectations for rates and impact of Dorian
Class 8 truck orders down nearly 80 percent over August 2018 Class 8 truck orders fell again in August as fleets stayed on the sidelines while taking delivery of a record number of heavy-duty trucks ordered...
BOLT System's freight-tracking app attracts ELD and non-ELD users Tandem Workflow, using the same customer-centered ethic that branded BOLT from the start, continues to broaden in capacity, types of freight and user audience.
Economic sluggishness pulls U.S. rail volumes lower Weakness in the manufacturing sector is dragging U.S. rail volumes lower, AAR says.
BP Biojet to expand after making significant reductions in emissions Since 2016, Air BP has been reducing carbon emissions through its BP Biojet.
The shakeup continues at Daseke Daseke eliminates the role of president as it increases and accelerates its cost savings initiatives. The company will continue to search for a new CEO...
CargoSmart looks to benchmark ocean carrier reliability Tech firm will team up with provider of pricing data to container industry to get carriers on time.
Introducing the FreightWaves Pricing Power Index The FreightWaves Pricing Power Index is a new weekly feature that highlights the balance of power between shippers and carriers.
FMCSA extending drug clearinghouse deadline for state agencies Motor carriers will still have to comply with January 6, 2020 deadline.
Record $148 million heroin bust made at UK port
Taking aim at Big Ag Logistics startups are using data science and mobile technologies to connect grocery shoppers with local farmers.
Breakdowns are no fun These are the costliest repairs a truck driver can face.
Hurricane Dorian continues to damage southeastern U.S. Hurricane Dorian taking its time riding east coast, flooding communities along the way. Tornadoes, power outages, too.
Today's pickup: port markets leading the way Trade talks back on; human cost of Amazon last-mile delivery; Cowen Transport Conference takeaways; precious metals rally in negative yield world.
US attempts to checkmate Iranian oil delivery network Treasury's Office of Foreign Assets Control sanctioned 16 entities and 10 individuals, as well as 11 ships, which it identified as participants in an Iran-controlled...
Tapping the wisdom of crowds Using "crowd-solving" and prizes, Sea Freight Labs hopes to help shipping companies find better and faster solutions to challenges.
US potato farmers seek new trade deal with Mexico to 'level the playing field' Potato farmers are asking U.S. agricultural officials for support in expanding export trade into Mexico. Currently, American potato farmers and exporters are mostly barred from...
Ocean Rate Report: 'Sizzling' bulkers hit near nine-year high The beleaguered dry bulk shipping sector is nearing its post-financial-crisis peak. Is it sustainable?
Convoy raising capital at a multi-billion valuation A round at this valuation puts Convoy one step closer to an IPO.
Canadian grain producers eye port congestion, winter conditions Grain shippers wonder if the Canadian railways will keep up with demand in the 2019-20 crop year.
Even in an ELD world, CVSA Roadcheck results show focus on HOS compliance still needed Even with all the publicity about the electronic logging device mandate, this year's Roadcheck safety blitz in June still saw 37.2% of drivers placed out-of-service...
Port Report: China's Golden Week means cuts in ocean service At least 15 scheduled sailings from Asia are being temporarily culled due to the Chinese national holiday.
Bunker market increasingly concerned about storage capacity for IMO 2020-compliant fuels The need for more storage capacity for IMO 2020-compliant fuels is increasingly posing challenges for the industry as the implementation of the new regulation draws near, market sources said.
LOW SULFUR MARINE FUEL ROUNDUP: Maersk to produce 0.5%S fuel at Rotterdam Danish shipping company Maersk said Thursday it has signed a deal with storage company Koole Terminals to produce 0.5% sulfur content bunker fuel at a terminal in Rotterdam.
Despite public posturing, Trump and Rouhani may still meet with oil sanctions on the line: analysts Iran has made it abundantly clear that President Hassan Rouhani will not meet his US counterpart Donald Trump without some offer of oil sanctions relief, a precondition the White House has insisted publicly it will not consider.
US fuel oil premiums widen on lack of hurricane-, sanctions-hit imports "US cokers are extremely short," one trader said. "There isn't enough sour products around."
FUTURES 5: Crude comes off highs as demand concerns trump stock drawdowns Crude and refined product futures were bolstered by US inventory draws Thursday, but price increases were stunted by renewed concerns over global demand growth.
Limited availability of Panama IFO 380 leads to demand gains in Peru, Ecuador "Availability is getting tight in Ecuador and Peru due to the situations in Panama and Houston," a regional trader said. "It's a vicious cycle right now."
Savannah, Charleston ports to resume operations Friday: port authorities The re-openings follow port closures along the lower East Coast Wednesday in preparation for Hurricane Dorian.
Maersk to make 0.5%S fuel at Rotterdam Danish shipping company Maersk said Thursday it has signed a deal with storage company Koole Terminals to produce 0.5% sulfur content bunker fuel at a terminal in Rotterdam.
NWE fuel oil hi-lo hits record high as IMO 2020 preparations ramp up The Northwest European fuel oil hi-lo, supported by industry preparations for IMO 2020 -- the lower sulfur cap on marine fuel globally, has hit its highest level since S&P Global Platts started assessing the market in 2000.
LOW SULFUR MARINE FUEL ROUNDUP: Eni to start 0.5%S fuel supply at Genoa in Dec Italian energy company Eni will start supply of 0.5% sulfur fuel oil to the bunker market in December, the company said Thursday.
LOW SULFUR MARINE FUEL ROUNDUP: Monjasa completes first 0.5% bunkers sale Bunker supplier Monjasa has completed its first ship-to-ship supply of 0.5% sulfur marine fuel at Southampton, UK, and has announced some of the ports where it intends to provide product that will be compliant in 2020.
Spain's Cepsa begins trading operations in Singapore The company also has plans to expand its trading business in the US via a new office in Houston, it said.
Tanker major Euronav details preparations for IMO 2020, 'welcomes' sulfur limit Euronav procures LSFO, MGO at competitive prices
REFINERY NEWS: PetroChina Liaoyang's Sep gasoil exports doubles on month to 80,000 mt The refinery plans to export 80,000 mt of gasoil in two cargoes in September,
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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