Laborde Marine adds two crewboats to managed fleet New Orleans based Laborde Marine Management, LLC has assumed the management of two crewboats owned by Boat Services of Galveston, LLC, effective October 1. With the addition of the 150 ft Ms,
Autonomous shipping alliance appoints a new Chairman One Sea, an industry alliance that aims to lead the way towards an operating autonomous maritime ecosystem by 2025, has appointed Riku-Pekka Hägg as Chairman of its Management Board. H'gg will oversee
VIDEO: Fireboat for Kuwait is packed with innovations A FireStorm 50' fireboat delivered by Kingston, Ontario, headquartered MetalCraft Marine Inc. (MCM) to the Kuwait Fire Service Directorate incorporates the very latest in technology available for fire fighting and search and
Louis-Dreyfus welcomes moves towards ship speed reduction When IMO's working group on the reduction of greenhouse gas emissions from ships meets in London next week, proposals before it will include measures to either put limits on ship speed or, as
Mavericks purchases seven Ingram Barge harbor boats Mavericks Towboat Solutions has purchased seven harbor boats from Ingram Barge Company in the St. Louis harbor. Mavericks is a joint venture between Inland Marine Service (IMS) and James Marine and this
Tanker rates run continues as earnings climb 10% Average time charter equivalent earnings for the fleet of some 779 very large crude carriers have tripled since the September...
Navigare launches $300m maritime fund Navigare ties up with Danish pension funds for the second time after its first effort yielded $1bn in charter contracts
Nakilat takes control of four LNG carriers Qatari LNG outfit Nakilat has acquired full ownership of four Q-Flex liquefied natural gas carriers from joint-venture partner International Seaways...
Intercargo says uncertainty dominates sulphur cap outlook Fears are growing that the blanket application of the 2020 sulphur rules is too draconian and clumsy a measure for...
UK supply chain faces $18.5bn annual costs rise from hard Brexit Latest assessment finds there will be one-off costs to businesses that currently trade only with the EU who will need...
Gothenburg issues Brexit customs warning No need to panic, says port authority chief, as Gothenburg insists that customs clearances will have to be obtained before...
Rotterdam introduces track and trace app for containers Drawing on status information from vessels and inland and deepsea terminals, Boxinsider can track containers and determine expected and actual...
Tanker rates soar as two-tier market evolves over sanctions exposure fears Suezmax rates are averaging the highest in more than four years, while very large crude carriers are attracting record sums...
Globe promotes Dymond to head of marine Globe Underwriting, the UK-based managing general agent, has promoted David Dymond to head of marine and transport following the retirement...
Digital service providers begin to gain traction The digital transformation of the container shipping sector is gaining pace
Willis Re appoints Don Harrell as chief operating officer Harrell joins from Aspen Insurance, where he was head of international insurance and active underwriter of its Lloyd's Syndicate 4711
Keppel and Sembcorp settle with Sete Brasil over rigs Keppel O&M and Sembmarine now stand to move on from a protracted overhang clouding their orderbooks since Sete Brasil turned...
VLCC earnings hit $100,000 as sanctions bite With heightened geopolitical risk and improved market sentiments, brokers expect the market to remain strong throughout the winter and into...
Containers throughput growth forecast cut by Drewry Growth forecast eases back to just 2.6% as sector faces increasing threats
Eastern Pacific supersized its dual-fuel LNG boxship order to 22 ships Idan Ofer's speculative order of 15,000 teu LNG dual fuel ships was significantly bigger than initially thought. In addition to...
First Gen plans FSRU lease for LNG An FSRU lease starting from early next year may help mitigate gas supply risk as the Malampaya field nears the...
Exxon to finalise LNG investment in Mozambique ExxonMobil's Rovuma LNG is even larger than the Mozambique LNG project that Total SA now leads, after last month acquiring Anadarko Petroleum...
Eastern Pacific commits to dual-fuel push with hires The announcement follows the launch of the group's MaritimeTech Accelerator programme
Eagle LNG gets US approval to export LNG Eagle LNG, a small-scale liquefied natural gas developer, aims to export LNG and supply the commodity to the marine fuel market...
Daily Briefing Free to read: Thailand eyes LNG bunker possibilities | Golden Week holidays cast shadow over capesize chartering | The Lloyd's List...
IMO 2020: 'positive hurricane' or cold shower? Shipowning pundits debate emissions-deadline effect as first TradeWinds International Shipping Forum in Bermuda gets underway.
International Seaways sells stake in Nakilat LNG joint venture Qatari gas carrier Nakilat has bought out partner International Seaways' 49.9% stake in an LNG joint venture for $123m in cash. The joint venture owns four 216,200-cbm Q-Flex LNG carriers: Al Hamla, Al Gharrafa (both built 2008), Al Gattara and Tembek (both built 2007). The vessels' combined book value was $116m as of 30 June, according to International Seaways' (INSW) second-quarter results thi
St Lawrence Seaway traffic unimpeded by bulker grounding Vessel traffic in the St Lawrence Seaway is moving freely despite a Canada Steamship Lines (CSL) bulk carrier running aground Sunday night while underway to Quebec City. The 35,400-dwt Rt Hon Paul J Martin grounded about 1.2 miles from Cardinal, Ontario, while carrying iron ore, the Canadian owner said. "Traffic is moving," St Lawrence Seaway Development Corp spokesman Christopher Guimond told T
Medmar debt chase lifts veil on collapsed Greek operator Documents claim Donald McTaggart had been seeking shipowner role outside of Medmar structure
Chandris scores premium for scrubber-fitted suezmax Total takes the 158,000-dwt Serenea on charter for two years
Shipping should focus on what is possible in march to decarbonise The zero-carbon goal is still a dream, but exploring realistic technology might drive real cuts in emissions
Drewry downgrades boxship outlook as 'mood music' changes Analyst more pessimistic on demand growth over the next five years
Eagle Bulk secures extra $34.3m loan for scrubbers on new ultramaxes Eagle Bulk has upsized an existing loan by $34.3m, part of which will be used to fund scrubber installations on three recently acquired bulk carriers. Eagle amends possible share resale tied to $750m shelf listing The extra financing has been added to an existing five-year senior secured term loan provided by a syndicate of six lenders to Eagle Bulk Ultraco, a shipowning subsidiary of the Nasda
Louis Dreyfus: 'inconceivable' IMO will not act on slow-steaming French shipping company says measures absolutely necessary to reduce environmental footprint
EU wants open-loop scrubbers discussed, and quickly Scrubber issue remains at the forefront, setting agenda at Maritime Cyprus conference
IMO chief admits to concerns over fuel availability come January Availability of low-sulphur bunkers may not be guaranteed on some trade routes, the head of the International Maritime Organization (IMO) said on Monday. "There might be some challenges" for shipping companies active in the north-to-south trades, IMO secretary general Kitack Lim said at the opening of the Maritime Cyprus conference in Limassol, less than three months after the sulphur cap is bein
Victory for war risk underwriters in $77m 'scuttling' trial High Court judge says fire that claimed loss of suezmax Brillante Virtuso was deliberately caused
Hyundai group yards continue to rake in the MR orders Shipowners are opting for low-sulphur fuel oil
SSY opens up in Dubai for bulker push UK shipbroker recruits Maersk Broker's Dubai chief for new chartering drive
CJC adds legal quartet in London Boutique shipping law firm expanding with new hires in transactions and finance
Handysize tanker becomes Inglessis outfit's first buy New Greek owner Alberta Shipmanagement makes its maiden acquisition after separation from Samos Steamship
Paschalis Diamantides adds LR1 but avoids treading on dad's toes Velos Tankers' fledgling fleet expands further while steering clear of markets where father Diamantis is active
Robert Maersk Uggla creates new maritime fund with Danish pension investors The new fund hopes to capitalise on the "attractive" pricing it sees for new and secondhand vessels at present.
Trafigura clinches upsized $1.5bn finance deal Trader and shipowner seals over-subscribed funding with 27 banks
ADM fails to overturn tribunal award in Oldendorff charter row Charterer was wrong to cancel bulker agreement because notice of readiness was within agreed time frame
India may have to divide to conquer SCI sale Diversity of fleet may hinder disposal of state stake in shipowner
'Water increasing': last messages from lost Bourbon ship revealed Croatian media publish transcripts of satellite communications sent by missing Bourbon Rhode master.
Eastern Pacific hires Seaspan, BP and Teekay trio for dual-fuel push New innovation officer, technical director and gas fleet manager hired in Singapore
Choice Shipping offers tanker for scrap sale Seychelles company puts veteran vessel on auction block.
Kyoei Tanker signs up for VLCC newbuilding Japanese shipowner's large tanker newbuildings are locked into long-term charters
Shipping far from ready for IMO 2020, says Intercargo Tramp operators in particular are still reeling with uncertainty, says dry bulk shipping association
Port Report: break bulk markets squeezed by ports and alternative competitors Break bulk is a shrinking market. Pure-play break bulk operators are being squeezed as governments and seaport operators boost local infrastructure. Meanwhile non pure play...
Manufacturing index signals slower freight market this winter A popular
Southwest pilots sue Boeing over 737 MAX grounding The Southwest Airlines Pilots Association on Monday sued The Boeing Co., [NYSE: BA]claiming the manufacturer engaged in fraud and that the grounding of the 737...
Stevens Tanker Division closes and eliminates 586 jobs across Texas Dallas-based Stevens Tanker Division has notified the state of Texas it will cease operations by October 15. The closure will permanently affect 586 jobs across...
U.S. freight railroads file lawsuit against rail workers' union over train crew size The railroads say the union refuses to negotiate on train crew size as both sides prepare for a new collective bargaining agreement.
Independent truckers speak out on National Mall "10-4 DC" rallies against regulations they say will run them off the road.
Typhoon Hagibis could slam Japan late this week "The wind speed increased by 100 mph in only 24 hours." Monster typhoon close to U.S. territories, heading toward Japan.
Nuveen Real Estate buys $3 billion U.S. industrial portfolio from Blackstone Nuveen Real Estate acquires 100-property US logistics portfolio from Blackstone
Manitoulin buys another U.S. freight-forwarder Canadian transportation and logistics firm acquires Miami-based Demark Global Logistics, increasing its reach on the East Coast of the United States.
ATA prepares to fight outsized legal awards against truckers The American Trucking Associations is gearing up to fight against multimillion-dollar legal awards against truckers and their employers who are not at fault but blamed...
Surface Transportation Board issues decisions on demurrage and accessorial charges The proposed actions address major rail shipper complaints voiced to the Board earlier this year.
Intermodal freight continues shift to East Coast, benefiting trucking Trucks are competitively priced on East Coast lanes and offer better service than the railroads.
Freight Futures daily curve: 10/7 Volatile start to Freight Futures last week ends quietly; Regional trends emerge.
Today's pickup: Fool on for the final mile; IMO 2020's long reach The Motley Fool discovers last-mile logistics. IMO 2020 will impact logistics warehousing footprint, JLL says
Commentary: U.S. ports and the trade war At the center of the Trade War between the U.S. and China are the American ocean ports.
Supertanker rates stratospheric as market 'goes bonkers' VLCC rates are now at or near $100,000 per day, courtesy of U.S. sanctions targeting China's COSCO.
Giving voice to women in trucking Women In Trucking ambassador Kellylynn McLaughlin drives to impact change for everyone in the industry.
Snowstorm returning soon to northern Rockies, Plains (forecast video) Heavy snow, wind and delays in parts of the Rockies and Dakotas this week as another early season storm develops.
Kombucha and coding: NEXT searches for top-notch talent during high growth period NEXT has all the hallmarks of a modern start-up - conference rooms named after superheroes, kombucha on tap and a couple of friendly office dogs.
Blockchain unifying public transport payments across Madrid, Spain Spanish capital Madrid is working on a blockchain-powered transport application that unifies all mobility systems across the city and provides high levels of data security...
RiverOak seeks to develop UK cargo airport Private equity firm plans to revitalize Manston Airport.
Fleet Complete CSO dives into Truck-as-a-Service Kar believes a driver's relationship with an OEM will no longer end after the sale of a truck. That relationship will continue over the lifespan...
Survey says driver shortage, driver compensation top trucking industry concerns Motor carriers and commercial drivers agree on just four of the Top 10 challenges facing the trucking industry, according to the American Transportation Research Institute's...
Hundreds of driving licenses cancelled as drunken e-scooter riders cause chaos at beer festival Oktoberfest Reckless e-scooter riders were penalized by the German police for drunk driving in Munich as they left the world's largest beer festival Oktoberfest.
Comdata debuts OneLook dashboard for improved fuel management spend Comdata has released a new dashboard that will help fleet managers quickly identify and manage fuel spend.
Swissport launches self-service air cargo service Swissport has launched a global initiative to speed up air cargo handling processes at its cargo warehouses by introducing newly developed self-service via kiosks. Swissport's...
Tomato importers worry new rules at Mexican border to cause delays and higher prices Tomatoes imported from Mexico could face a supply chain squeeze caused by new regulations finalized in September between the U.S. Department of Commerce and Mexican...
FUTURES 5: Early rally fizzles as NYMEX WTI settles 6 cents lower Crude futures failed to sustain an early rally Monday, with prompt NYMEX November WTI settling 6 cents lower at $52.75/b ahead of the release of data showing what looks to be another build in US crude stocks.
Japan 380 CST bunker premium hits 11-year high amid tight regional supply "The demand for HSFO has been really good and I have been receiving many spot inquiries originating from South Korea and Hong Kong as well," a trader said.
Asian middle distillates maintain strength amid uncertain outlook "Everyone seems to be grabbing cargoes as and when they can," a trader said.
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