Maersk to pilot battery system to improve power production
MOL collaborates in developing LNG fuel supply terminal & promoting use of natural gas
New cyber security guide published
Shipbuilding industry to get a boost with ship design & model testing centre coming up, says Shipping Minister
DGTR recommends imposition of anti-subsidy duty on imports of copper wire rods from 4 nations
BIMSTEC ports conclave sees MoUs inked to boost India's Act East Policy
LPG terminal to come up at Krishnapatnam Port
Mechanised coal handling berth operational at New Mangalore Port
Minister inaugurates commencement of 4th season of Costa Cruises' homeporting in India at Mumbai Port
PSA Kolkata achieves record monthly throughput & commissions 11 new reach stackers
Revised berthing policy & tariff structure at Dhamra Port
Portall Infosystems & 21CC Education partner to provide quality e-learning solutions in Indian logistics sector
Rich Graviss signs on DHL SmarTrucking as logistics partner
Forex reserves again at new high
Govt examining possibility of setting up regulatory authority for e-commerce
India continues to be among the fastest growing major economies with robust fundamentals, says Finance Ministry in response to Moody's change in outlook
Bourbon signs up 100 OSVs for Inmarsat Fleet Xpress Marseille, France, headquartered offshore services giant Bourbon has signed a contract committing more than 100 offshore support vessels to Inmarsat's Fleet Xpress maritime broadband service. The deal is a breakthrough offshore services
BC Ferries back at Damen for four more battery-hybrids Canada's BC Ferries has awarded Damen Shipyards Group contracts to build four more battery electric-hybrid Island Class vessels, scheduled to go into service in 2022. The agreement with Damen is a design-build,
Maersk COO steps down Maersk Line parent company A.P. Møller - M'rsk A/S reports that Chief Operating Officer Søren Toft has decided to pursue an opportunity outside of the company and will leave effective today. The
IMO 2020: Could bugs in biofuel eat into your engine? Shipowners looking to comply with the IMO 2020 sulfur cap by using fuels with biofuel blended in may face an unexpected problem: increased risk of microbial influenced corrosion (MIC) Fredericton, New Brunswick,
Bisso Towboat takes delivery of first Tier 4 ASD tractor tug on the Mississippi Bisso Towboat Co., Inc., Luling, La., has taken delivery of its newest ship-assist tug, the 6,008 BHP ASD tractor tug Andrew S. The Andrew S. is the first Tier 4 ASD tractor
Paducah gets DOT funding for riverfront improvements The City of Paducah, Ky., says it is to get $10.4 million in funding under the U.S. Department of Transportation's Better Utilizing Investments to Leverage Development (BUILD) Grant program. Though the grant
Greek owners call for industry discipline on green agenda Union of Greek Shipowners president Theodore Veniamis warns against misleading headline conclusions from industry forums and urges unity around the...
Are charterers and consumers to foot the bill for shipping's carbon tax? Supporters suggest a carbon tax will accelerate the development and uptake of alternative fuels and carbon-neutral propulsion technologies
Braemar 'modestly more bullish' for 2020 crude earnings After 2021, a falling demand for crude and weaker growth in long-haul trades will weigh on freight rates and earnings
Maersk's Søren Toft steps down Søren Skou to pick up COO role until replacement is found
Multi-fuel future calls for team work in advocacy Shipowners will want to safeguard against fuel price movements going forward, justifying the adoption of two or more marine fuels...
Answer five questions to make better greenhouse gas policies at the IMO Dan Rutherford, from ICCT - an independent nonprofit organisation providing technical and scientific analysis to environmental regulators - lays out his case...
Slow steaming seen as fast-track solution to curb emissions Green coalition is attending the intersessional working group from the IMO Marine Environmental Protection Committee that began today and is...
Capesize market hit by negative sentiment While sentiment has turned negative, there is hope vessel supply tightness will help to sustain levels through to the end...
Between the lines: Information blackout Carriers' point-to-point online tools still leave much to be desired
Box shipping's mini-recovery must be seen in context Void sailings and the removal of tonnage for scrubber installations are reducing available slots for shippers
Decarbonisation and digitalisation: Where we're at and what's coming next Opportunity is as much as about disruption as it is about regulatory and technological uncertainties
The competitive risks of digitalisation Gaining control of the supply chain by tying customers to bespoke software systems and industry-owned standards poses a 'serious threat'...
Daily Briefing Free to read: Livanos calls on LNG owners to cut back on newbuilds | Gard turns losses around | Exclusive...
China Merchants to order VLCC quartet Newbuilding plan wins China Merchants Energy Shipping board approval, with the contract to be signed 'in due course'
Matson projects $30m-$40m boost in post-2019 annual earnings Matson's logistics revenue was 11% lower in the third quarter of 2019 than in the same period last year, but...
Seaspan positive on charter market in 2020 Executives expect the current tailwinds to remain into 2020 because of low levels of tonnage, IMO 2020 and the scrubber...
Maersk hunts new operating chief as Soren Toft quits Danish boxship giant's CEO Soren Skou to take on operational role until new executive is recruited
Jadrolinija targets newbuildings under state plan Government is working on fleet renewal for Croatian owner
Grupo CBO fixes two PSVs on term deals in Brazil Brazilian owner adds combined two years of work for offshore pair
Empire Navigation tied to sale of 10-year-old MR tanker Greek tanker owner Empire Navigation has reportedly sold a 10-year-old MR product carrier as the company works to renew its fleet through an extensive newbuilding programme. Brokers in the US and in Europe said the Stamatis Molaris-controlled company has sold the 50,000-dwt tanker MR Orestes (built 2009) for $19.1m. The deal is still on subjects. Reports point to Atlantica Shipping of Norway a
Pavimar sells 12-year-old supramax bulker Greek owner Pavimar has sold a 12-year-old supramax bulker in a deal that appears to be in line with its efforts to renew and expand its fleet. Brokers in the US and Europe said the Ismini Panayiotides-led bulker owner has sold the 52,000-dwt Mary Lina (built 2007)to a Vietnamese buyer for $10.3m. Pavimar bought the Tsuneishi Shipbuilding-constructed ship from Kambara Kisen for $9.6m in March 20
Skuld warns members about future premium rates Olso-based mutual says it made a 'small surplus' in first six months of this policy year
Avance Gas holds on to 16-year-old VLGC after two-month sale effort Oslo-listed shipowner sticking to price expectation as VLGC market shows signs of strength.
MPC Capital builds tanker influence by buying into broker Albis German asset manager takes 50% stake in shop that also has sale and purchase and bulker desks
New digital developments for shipmanagers may mean less optionality for shipowners Some shipowners are pushing back as digitalisation takes away their freedom to choose
Decarbonisation needs to be profitable to work, says Alexander Saverys Fourth-generation boss of Belgian family's shipping interests tells IMO 'we're no charity'
Pangaea Logistics 'not at all a fan' of exhaust gas scrubbers Shipping is 'getting dragged kicking and screaming' into complying with environmental regulations, chief executive Ed Coll says
German boxship auctioned off in Gibraltar Spica finds buyer following Admiralty sale in UK territory
Laid-up MISC FSO sold for scrap India is the final destination for veteran storage vessel
IMO revs up carbon campaign as regulators meet Week-long meeting on measures to achieve greenhouse gas reduction targets starts today
Commerzbank's long goodbye to shipping continues German lender's maritime exposure little changed as it cuts provisions
Bernhard Schulte Shipmanagement buoyed by surge of Greek owners entering LNG sector Head of BSM's Greek office speaks about inroads into the Greek LNG market and the challenges ahead
Shipmanagers predict surge in fatalities in run-up to IMO 2020 InterManager survey reveals fears over fatalities, and recent smuggling incidents that have criminalised crew
China Merchants Energy Shipping to splash $340m on VLCC newbuildings China Merchants Group has approves four-ship order by subsidiary of four VLCCs
Boxship rates surge as idle fleet 'skyrockets' Drewry says there is now more than 1m teu of vessels not operational
Tsakos tanker captain named as fourth suspect in frigate sinking Investigation to examine whether deck lighting on Sola TS confused warship's crew
Shipping ministry will not oppose SCI sale Department was against privatisation in 2017 but is now in favour
Shipmanagers take fragmented paths in march to digitalisation Critics claim shipping's approach to digitalisation is too fragmented and more collaboration is needed for its benefits to be fully realised
MSC's Isabella becomes largest boxship to call at Singapore Gulsun-class vessel makes maiden call in Asia after completing first round trip to Europe
MPA: LNG only current viable solution for greener shipping Green initiative has been extended for five more years with focus on decarbonisation
Asian feeder operators unveil IMO 2020 bunker surcharge Different destination ports will attract surcharges of between $21 and $75 per teu
Dry bulk extends slide as Vale shaves iron-ore forecast Reduced estimate for Brazilian iron-ore exports compounds headwinds for dry bulk.
FedEx unit more than doubles early-a.m. transpacific air network FedEx Express doubles originating network for Asia-Pacific early-AM flights to U.S.
Unions criticize practice of furloughing in the rail industry The Class I railroads furlough workers in times of lower volumes but unions think the cuts have been too deep as a result of precision...
Toyota fuel-cell power plant in limbo after California utility withholds support The plant, one of the world's largest, is designed to support the automaker's hydrogen truck and passenger vehicle fleets.
Freight Futures daily curve: 11/11 Ten of eleven Trucking Freight Futures markets finish week of November 8th lower.
Rail shippers seek transload sites even as volumes still weak As truck-plus-rail becomes increasingly popular, shippers need to find sites where the modes meet.
UPS ships U.S. beef to Japan, traces movement via blockchain UPS has partnered with agri-tech company HerdX to ship beef from the U.S. to Japan, while recording its provenance over a blockchain network.
Saloodo! launches digital trucking platform in Africa The Deutsche Post DHL Group subsidiary claims its new digital road freight platform is the continent's first.
Today's pickup: API, EDI platforms can play nice; I've got 50 more feet to go now! API, EDI platforms can work together. Singles Day parcel tsunami; Oh, those last 50 feet!
This Week's Forecast This week's forecast has arrived! Want more? SONAR users get exclusive access to the detailed breakdown and insights.
Shipwell's entire API for shippers to integrate features within existing workflows Online freight logistics startup Shipwell has made all of its functionalities available through the REST API, which allows companies to integrate all or some parts...
White Paper - The Best of Both Worlds: The Asset-Based 3PL This white paper explores the complexities in the supply chain and how shippers can establish partnerships that reflect their values to the end consumer.
Shippers should brace for more container rate hikes, warns Drewry Capacity cuts by lines and higher bunker surcharges as IMO 2020 low sulfur fuels are phased in are fueling box freight rate inflation.
Mutts4Trucks seeks to pair truckers with dogs looking for homes Truck drivers spend most of their day alone in their cabs. Mobil Delvac and Pedigree believe that dogs could provide companionship, and potentially improve driver...
Air France-KLM announces five-year restructuring plan Initiative includes boosting air cargo revenue
MARINE FUEL ROUNDUP: Vilma oil supplies first VLSFO delivery at Ceuta Vilma Oil has supplied its first delivery of 0.5% bunker fuel at the port of Ceuta, the port authority said Monday.
FUTURES 4: Crude settles lower as demand growth concerns in focus Crude futures settled lower Monday, although remained within a well-worn range, pressured by continued global demand growth concerns.
China to remain a battle ground for Saudi Aramco, Russian crude suppliers in 2020 "Arab Extra Light suits our units ... Arab Heavy is similar to [Iraq's] Basrah Light," a source said.
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