|SEPTEMBER 26, 2019|
- Japan's ONE charters 9,600-TEU boxship owned by Seaspan for 36 months
- THE Alliance falls behind rival alliances in mega box ship fleet stakes
- US pressures China on Hong Kong and trade
- SCPA achieves record monthly box throughput of 233,110 TEU in August
- MSC, Peel Ports team up to boost capacity of UK's Liverpool container terminal
- NYK completes first carbon-neutral voyage with a car carrier
- Mombasa port to surpass 1.3m TEU this year: KPA boss
- UK government needs to press ahead with Heathrow expansion: FTA
- Ontario airport's freight volumes in August rise 2.7pc to 65,514 tonnes
- Qantas Freight oversees Jetstar Asia's cargo capacity through new partnership
|SEPTEMBER 25, 2019|
- AMTOI Women's Wing organises presentation on SCMT
- CMA CGM launches world's largest containership powered by LNG
- Indian Register of Shipping opens office in Doha
- Industry's first decommissioning contract now available
- NYK orders world's largest pure car & truck carrier
- V.O.C. Port Trust taking Green Port initiatives
- Extraordinary general meeting marks the end of an era & a new beginning for DSV
- DGTR sets up help desk & facilitation centre for dissemination of information regarding trade remedial measures
- Govt reconstitutes Economic Advisory Council to the Prime Minister
- India-US trade deal very soon to help achieve target of $500 bn
|SEPTEMBER 26, 2019|
- RSA is catching up
- CCTT and GETO search for solutions for trains in Eurasia
- Hellmann opens branch in France
- Ports throughput globally back on track
- Kurt K. Larsen says goodbye
- Marseille-Fos Port: New services for road hauliers
- Chartersync discusses the need for digitisation
- Czech locomotives drive metallurgical operations in Turkey
- Night Star Express partners Mazda
- New member of the board at Dunkerque-Port
- Debate on European state aid for shipping sector
- Spatial planning framework for Swiss regional airport
- CMA CGM vessel's launch marks new era
- 50 flat cars for transport timber in Irkutsk region
- Amazon sets up fulfilment centre in Ontario
- "Curiosity of the Day"
- Carrypicker wins GLEC accreditation
- Advances in ULD air cargo technology innovations
|SEPTEMBER 25, 2019|
- Ocean carriers forced to slash rates as peak season flops and Golden Week looms
- Zero-emission vessels 'must be on deepsea trades by 2030'
- Port chiefs spell out to Trump the danger to US economy from tariffs
- Operators link up to capitalise on growing Asia-Europe rail traffic
- CMA CGM's LNG-powered ULCV launches 'new approach' in liner shipping
- 'The perfect time' for VietJet Air Cargo freighter services to take off
- Uli Ogiermann to leave Cargologic Germany as AOC is granted
- Salute to a true leader as Kurt Larsen retires as DSV chairman
- On the wires: Is Kuehne + Nagel taking a leaf out of the DSV playbook?
- Market Insight: Copenhagen burns cash as APMM 'wants the top forwarders out'
|SEPTEMBER 25, 2019|
- Serco picked to continue operating Northern Isles Ferry Services
he U.K.'s Serco Group plc has been selected as preferred bidder to continue managing and operating the lifeline Northern Isles Ferry Services for passengers and freight between the Scottish mainland and the
- Mitsubishi steps up scrubber production
With new IMO 2020 sulfur emissions regulations coming into effect in January, Yokohama, Japan, based Mitsubishi Shipbuilding Co., Ltd. reports that it has received a steady stream of inquiries from customers worldwide
- Crowley awarded $49.3 million mod to MSC contract
Crowley Government Services Inc., Jacksonville, Fla., has been awarded a $49,329,212 modification for the fixed-price portion of a previously awarded contract to fund the operation and maintenance of six maritime prepositioning force
- Atlantic Shores Offshore Wind starts ocean survey ops
Atlantic Shores Offshore Wind, LLC today launched ocean survey operations within the Atlantic Shores lease area. Atlantic Shores Offshore Wind, LLC is a 50/50 partnership between Shell New Energies US LLC and
- VIDEO: Final barge pulled from under 1-10 bridge
The Coast Guard yesterday opened the Houston Ship Channel at the I-10 San Jacinto River Bridge near Channelview, Texas, but with restrictions, and said that it continues to work with the Texas
- Frew to step down from BIMCO role
BIMCO Secretary General & CEO Angus Frew, has announced he will step down in the summer of 2020. The reason: He wishes to spend more time in the U.K. and less time
- VIDEO: CMA-CGM launches world's largest LNG-powered containership
China's Shanghai Jiangnan-Changxing Shipyard yesterday launched theCMA CGM Jacques Saadé, the first in a new fleet of nine French-flagged, 23,000-TEU, LNG-powered containerships that will join the group's fleet in 2020 on the
|SEPTEMBER 25, 2019|
- Container shipping charter market resilient ahead of seasonal slowdown
Demand is proving particularly resilient in the larger sizes, with further tonnage being fixed on long-term charters, according to Alphaliner
- Cosco sanctioned by the US over Iranian crude imports
US sanctions units of Chinese government's shipping behemoth Cosco over Iran crude imports
- UN says Arctic shipping is a risk for environment
A new lengthy report by the IPCC warns sea levels are rising at an accelerated rated and increased Arctic shipping...
- Interorient names Maurice Baker as managing director
Maurice Baker is a former member of the Intertanko executive board and he is presently a Fellow of the Institute...
- CMA CGM stands firm on LNG fuel with new vessel
'What we feel is in order to be a responsible shipping line to protect our environment, we need to be...
- BIMCO's Frew to step down in 2020
The secretary-general and chief executive is stepping down for personal reasons. BIMCO expects have found a replacement by the end...
- Uncertain green ship rules slow newbuild investments
The implementation of tougher green shipping regulations is also expected to hasten scrapping of older tonnage
- US extends sanctions over Venezuela oil trade
Two other companies that had been sanctioned for business in Venezuela's oil sector have been forgiven
- Transocean gives up two drillship newbuildings at Samsung Heavy
Samsung Heavy says it will review the contract cancellation, but its options are expected to be limited since Transocean did...
- Outlook seen improving for bulkers and tankers
There should be a strategy to manage both long term and short term volatility, chief financial officer of Golden Ocean Per Heiberg...
- Stena Bulk chief says release of tanker has stalled
Official clearance for the tanker to leave has been given by the Iranian authorities, but Iranian guards remain on board...
- NYK builds world's biggest LNG-fuelled car carrier
NYK will be working with Japan's Ministry of Environment and Ministry of Land, Infrastructure, Transport and Tourism on research to reduce...
- Daily Briefing
Free to read: Scorpio Tankers buys 19 product tankers from Trafigura | Leasing companies poised to grow tonnage with BSM...
- Tomini Shipping aims to grow dry bulk fleet with three ultramax newbuildings
Tomini has a young fleet of ships aged about three years old, and the average age of the fleet is...
- US trade war dents west coast agriculture exports to China
Portland's trade with China over the past year has fallen by 27.9%, led by a 20.1% drop in exports to...
- Eagle LNG gets nod for Jacksonville export and bunkering facility
In addition to providing the lowest-cost US natural gas to the Caribbean basin, Eagle LNG says it will be providing...
- MISC, NYK and Mitsubishi partner on LNG newbuilds
The three companies will co-own two 174,000 cu m LNG carriers that will mainly service the LNG Canada facility
|SEPTEMBER 25, 2019|
- Competitiveness is key to LA-LB market share retention
- Houston looks to accelerate channel-widening project
- Charleston, Savannah see strong volume growth despite trade tensions
- JOC Top 25 Asia-US import NVO rankings 2019
- JOC Video: Mexico faces logistical challenges as volumes rise 25 Sep 2019
- Lightering to begin on ship capsized off Georgia
- Green LNG mega-ship enters oversupplied market
|SEPTEMBER 25, 2019|
- Carnival's Costa Group critical of Norway on pollution
A debate is flaring up in Norway over the impact of the cruise industry on the environment. Michael Thamm, who is CEO of Carnival Corp subsidiaries Costa Group and Carnival Asia, has accused Norwegian authorities of doing to little to limit pollution from ships in its fjords. DNV GL charts roadmap towards a gas-fuelled, low-carbon future He claimed that officials must do more to ensure that c
- Maersk Tankers snaps up handysize fleet from AET
Danish giant offloads two 15-year-old ships as it renews and upgrades its fleet with specialised vessels
- Time to put rocket boosters under shipping's efforts to clean up its act
Amid the confusion, we must listen to those people with concrete plans to decarbonise the industry
- Scrubbers key to Scorpio Tankers' Trafigura swoop
Emanuele Lauro-led owner had trader's product tanker fleet in view before Frontline's August move on suezmax tankers
- Container lines press IMO to study low-emission fuels
A container shipping lobby has urged the creation of a research body to help establish commercially viable low-emission fuels. The World Shipping Council will soon table the pro'posals for discussion to the IMO, 'president and chief executive John Butler said. Maritime bodies urge IMO 2020 enforcement Row emerging over European liner consortia review Speaking at the Container Trade Europe co
- Pavilion Energy to open Madrid office as new European HQ
Singapore gas and LNG supplier takes first step on quest to go global
- Nobu Su's appeal hearing ends with a surprise offer to apologise
Minutes before the hearing ended, Su also expressed a wish to partly repay some of the $57m he owes Polys Haji-Ioannou.
- US levies sanctions against four Chinese shipping companies
Two companies linked to China's state oil company and a pair of Cosco Shipping Energy Transportation subsidiaries have been slapped with sanctions by the US after alleged dealings with Iran. Among others, Kunlun Shipping Company, Kunlun Holding Company, Cosco Shipping Tanker (Dalian) and Cosco Shipping Tanker (Dalian) Seamen and Ship Management were added to the US Treasury Department's specially
- Surplus US ethane seeks home in long-haul markets, says American Ethane
Some 800,000 billion barrels per day of US ethane is currently "in rejection" or left in the natural gas stream, and this figure is expected to rise, American Ethane Co (AEC) chief executive John Houghtaling said. He said when AEC announced its 10 million tonnes per annum export plans in 2014, the concept was seen as "crazy". But this view has reversed since the boom in ethane production on the b
- IMO urged to ban heavy fuel oil in Arctic
Green groups respond to new IPCC report on climate change in the world's oceans.
- Insurers ask IMO for help in tackling boxship fires
IUMI backs German application
- Costa Group to spend $54.9m on ship rebranding
Costa Group will invest millions of dollars on turning one of its Costa Cruises vessels into a ship for its AIDA Cruises fleet. The Michael Thamm-led Carnival Corp subsidiary plans to transform 1,670-berth Costa neoRiviera (built 1999) into AIDAmira for €50m ($54.9m) at Genoa's San Giorgio del Porto shipyard. Arnold Donald-led Carnival confirmed the planned transformation in May 2018 but did not
- Invenergy to partner BW LNG on FSRU for project in El Salvador
Power plant developer set to become new name in regasificatoin space as development gears up for green light to proceed
- Chinese courts tout VLCC arrest by NGM Energy as a legal success
A quiet sale-and-purchase drama has come to light after NGM Energy paid a compliment to Chinese justice
- American Ethane homes in on new sales deal to support VLEC building spree
Would-be US exporter says it will need 17 of a larger design of ethane carrier to supply its 'on hold' China contracts and latest mystery buyer
- Shell carries out first LSFO physical cargo trade
Milestone deal said to involve 20,000 tonnes of IMO 2020-compliant bunkers.
- Interorient hires Baker as new managing director
Former senior executive at V.Ships and Columbia Shipmanagement gets new post
- Alcohol influence suspected in BFL grounding
ESL-chartered vessel stuck off Helsingborg, but no pollution reported.
- First LNG swap concluded using Baltic's 'Atlantic' index BLNG3
Traders JERA and Vitol execute trade in deal arranged by shipbroker Affinity's financial arm
- Kmarin takes up options at Qingdao Beihai for pair of Vale-backed VLOCs
South Korea's Kukje Maritime Investment Corp (Kmarin) has signed up for two more VLOC newbuildings at Qingdao Beihai Shipbuilding Heavy Industry. Shipbuilding players said the 325,000-dwt ore carriers are options that Kmarin held at the state-owned shipyard. Kmarin plan for up to eight VLOCs is back on the table Kmarin signed up for two vessels at the Chinese shipbuilder in August. It ordered t
- Wilh Wilhelmsen upsizes share buyback spending by $1.8m
The Oslo-listed shipowner has tweaked its share repurchase plan after an enthusiastic reaction from investors.
- CSET orders MRs from group yard at low price
Cosco Shipping Energy Transportation books two 49,000-dwt product tankers at Cosco Shipping Heavy Industry's Dalian yard for $67.8m
- Navig8 charters five UACC tankers in deals worth nearly $85m
The IMO type 2 ships are set to join Navig8 Group's pool operation
- Champion Shipping suffers deeper losses but secures refinancing relief
Norwegian shipowner refinances loan of $50m due this year on 'acceptable' terms
- Greek start-up Velos Tankers linked to third MR acquisition
Paschalis Diamantides becomes latest Greek to bet on product tankers
- SSY suezmax team in London gains two new shipbrokers
Additions to SSY's crude tanker teams could be made in the US in the future, TradeWinds has learned.
- Iran says Stena Impero probe ongoing
Detention order lifted but still no immediate prospect of vessel leaving.
- Kleven shipyard to restructure after Hurtigruten pullout
Norway's Kleven shipyard will now be chasing new investors to replace Hurtigruten as part of a restructuring. The effort comes as Hurtigruten, the Norwegian cruiseship and ferry owner, gears up to pull out as a shareholder in the yard group once once it receives second of its exploration cruiseships, the 20,900-gt Fridtjof Nansen, from Kleven around the end of this year. Siem Offshore sells mult
- Laskaridis-led Lavinia buys as Peter Dohle sells another bulker
The Laskaridis group has acquired a nine-year-old bulker from Peter Dohle Schiffahrts to add to its growing fleet of post-panamaxes, market sources said. Some Greek brokers identified Laskaridis company Lavinia Corp as the buyer of the 93,300-dwt John Wulff (built 2010), which has been trading in Peter Dohle's fleet. Low price The Yangfan Group-built ship is said to have changed hands for $12.5
- Angus Frew open to offers after long goodbye at Bimco
Outgoing secretary general is not finished with shipping quite yet.
- FreeSeas chief held liable as judge weighs further damages
Ion Varouxakis hit with $800,000 judgment and could be personally liable for around $5m in future hearing
- CMA CGM launches world's largest LNG-powered boxship
Milestone reached as French group floats out the CMA CGM Jacques Saade
- Tonkovidov pledges to continue Sovcomflot's fleet upgrade
New CEO believes state backing will allow owner to pursue expansion strategy to 2025.
- Standard Club set to benefit from Charles Taylor sale
How will new private equity owners seek to develop the management company looking after one of the largest P&I mutuals?
- Pacific islands target zero-carbon ships with $500m fund
Fiji and others eye "blue bonds" to raise cash for eco-drive
- Insurers and owner expected to split $100m payout over capsize
Investigation to decide who pays bulk of claims related to car carrier grounding
- US blacklists Caroil tankers over Venezuelan trips
Three ships blocked, plus one operated by Bluelane Overseas.
- Saga Cruises under fire for advertising 'Brits only' voyage
TradeWinds' weekly column taking a sideways look at shipping
- Good times 'very close' for tankers says Teekay
Shipowner says tanker scrapping must resume shortly based on the age profile of the fleet
- P&O Ferries turns to China's GSI for large ferry newbuildings
Battery-fitted vessels will be the largest ferries to sail across the English Channel
- Monjasa: 91% of customers will buy LSFO before year-end
Survey shows big take-up of IMO 2020-compliant fuel ahead of 1 January.
- Baltic Exchange enters talks with brokers as deadline looms for data deal
Talks will test the relationship between exchange and panellists - but real danger of disruption comes in 2020
- Dry bulk consolidation unlikely to happen anytime soon
Marine Money Asia conference also hears that IMO 2020 disruptions are set to boost sector
- Transocean drops Ocean Rig drillships at Samsung
South Korea yard likely to look to secondary market to offload deepwater rigs, according to analysts
- PCL picks Asia veteran to lead tanker and gas arm
Singapore-based shipowner recruits former BW and Navig8 executive to pivotal roll
|SEPTEMBER 25, 2019|
- Embark raises $70 million, opens two transfer hubs (with video)
Autonomous trucking outfit Embark Trucks has raised $70 million in a series C funding round led by Tiger Global Management, with participation from seven other...
- Log-haulers protest devastation to British Columbia forestry industry
Truckers in beleaguered sector call on provincial and Canadian governments to step in as downturn brings cascade of closures to lumber mills.
- Canadian railroads see bevy of opportunity amid slowing demand
The Canadian class I railroads outlined a number of growth opportunities at an investor conference. Intermodal capacity expansion at the ports and grain delays provided...
- Blackstone turns to Europe for last-mile logistics real estate domination
Blackstone Group forms what it calls largest last-mile logistics real estate firm in Europe, Mileway
- Spire receives $40 million in new funding, eyes going public
Satellite-based data and analytics provider, Spire Global, announced that it has received over $40 million in a new round of funding.
- In California, diesel emissions bills sprout and multiply
The governor signs two bills, one accelerating clean truck technologies, the other creating a smog check program.
- Supply Chain Hall of Fame to be located at the University of Arkansas
The new Supply Chain Hall of Fame will be located at the University of Arkansas.
- FMCSA awards $77 million in truck safety grants
Program funding has increased annually from $38 million awarded in 2013.
- Cargo project at LAX airport put on back burner, official confirms
No short-term relief for cargo congestion at LAX is coming from infrastructure upgrades, so companies are looking at process improvements to speed up cargo hand-offs.
- Blizzard to slam northern Rockies this weekend
Historical September storm possible in northern Rockies this weekend. High impacts from snowfall, winds.
- Alternatives to diesel in long-haul trucks still face big challenges: report
But batteries have a better future in more regional hauls.
- BlaBlaCar's acquisition of Busfor would unify ride-sharing in Eastern Europe
BlaBlaCar sees this acquisition as a unifying opportunity for Eastern Europe's fragmented market under a single platform to meet a greater diversity of rider needs.
- Freight Futures daily curve: 9/25
Freight Futures forward curves on Tuesday point to a mixed to lower rate environment.
- CBP in Louisville stops $90 million in fake jewelry
Customs and Border Protection officers in the Kentucky port of entry seized counterfeit Cartier bracelets and other jewelry between July and September, resulting in an...
- U.S. to stay in Universal Postal Union
Global post delegates approve compromise allowing USPS to hike international rates, keeping the U.S. in the UPU
- Experts: Shippers and railroads need to repair breakdown in communication
To meet future rail demand, stakeholders must confront communication dysfunction.
- US adds sanctions to Venezuelan oil transporters
Four ocean shipping firms and four tankers are added to the Office of Foreign Assets Control's Specially Designated Nationals List for their roles in supporting...
- Flexport launches version 2.0 of its platform
The new platform focuses on collaboration, workflow automation, and allows users to define business priorities.
- Flood threat continues in Desert Southwest
Additional downpours, flash flooding possible in Arizona the next couple of days. Potential northern Rockies blizzard this weekend.
- Today's Pickup: Legal home deliveries of marijuana coming to Massachusetts
State cannabis regulator sets guidelines including two-person delivery teams with body cams and vehicles equipped with GPS, alarms and secure storage.
- More fleets running ELDs ahead of December compliance deadline
This week's is the highest ELD compliance rate seen throughout the course of the study.
- Q&A: Jefferies' Randy Giveans on the revival of shipping stocks
Shipping equities have suffered through a rough couple of years, but hope persists that market capitalizations and trading volumes can be resuscitated.
- TTN Fleet Solutions to provide emergency roadside services to Mckinney Trailer Rentals
TTN Fleet Solutions will provide emergency roadside services to Mckinney Trailer Rentals.
- Port Report: one law to rule them all - global corporate insolvency laws become aligned
Countries around the world are aligning their corporate insolvency regimes with the U.S. system. Lawyers say alignment will benefit the international ocean shipping industry.
- L3Harris will pay $13 million fine for export violations
The aerospace and defense company Harris Corp. failed to stop repeated violations of the Arms Export Control Act for several years following notification by the...
- CMA CGM unveils LNG-fueled box ship giant (VIDEO)
At 400 meters in length, the CMA CGM Jacques Saade has capacity for over 23,000 containers.
- Six ways a TMS improves shipper of choice standing
A TMS is a valuable tool that can provide important data, tracking and analysis capabilities to help shippers streamline their entire operations, all of which...
- WeWork: the pets.com of our moment
Revenue growth on negative unit economics is dead as a business model.
- New US tariffs to give air cargo a pre-peak boost?
Flexport's head of airfreight believes a small bump in demand out of Asia could result from new U.S. tariffs, while higher fuel prices will push...
- Saia's Northeast U.S. expansion strategy? Dance with the one who brought you
Saia's expansion in the Northeast U.S. had its risks but appears to be paying off
|SEPTEMBER 25, 2019|
- Crude continues to fall as traders await Saudi production update
Crude futures continued to fall Wednesday, as traders awaited an update on the return of Saudi Arabia's crude production capacity.
- Kogas, BP sign 1.58 million mt/year US LNG supply agreement
With the latest BP end-user deal, Kogas will import a total of 4.38 million mt/year from 2025 from the US.
- Scorpio Tankers buys 19 refined product tankers from Trafigura
All of the ships will have exhaust gas abatement systems fitted after delivery, Scorpio said.