Covid-19 renews focus on developing standardised eBL & its widespread adoption
TT Club's Coronavirus webpage provides key information
Extension of interest subsidy scheme for post- & pre-shipment export credit seen helping apparel sector
APM Terminals Pipavav empowers villagers to make masks to combat Covid-19
Import-laden containers moved from JN Port Terminals to Container Freight Stations (CFSs) and cleared by importers from May 1 to May 18, 2020
Kolkata Port takes precautions against severe cyclonic storm 'Amphan'
Volume matrix of import-laden containers shifted from Mundra Port Terminals to Container Freight Stations, and import delivery from Container Freight Stations during May 1 to May 18, 2020
Stimulus measures encouraging but an export package, boosting demand & tackling supply chain disruption need of the hour: FIEO
US not to renegotiate trade deal with China: Trump
Detyens wins $24.2 million Navy contract Detyens Shipyards Inc., Charleston, South Carolina, has been awarded a $24,235,291 firm-fixed-price contract for a 120-calendar day shipyard availability for the regular overhaul dry-docking of the USNS Patuxent (T-AO 201). Work will
Former MSC official charged with bribery, lying to investigators The U.S Department of Justice reports that Xavier Fernando Monroy, 62, has been charged one count of conspiracy to commit bribery, one count of bribery, one count of false statements, and one
FMC to investigate impact of Canadian ballast water regs on U.S. lake carriers The Federal Maritime Commission has voted unanimously to accept a petition filed by the Lake Carriers' Association (LCA) that alleges that ballast water regulations proposed by the Government of Canada will discriminate
Dakota Creek launches first Navy YT 808 class tug The Navy reports that its first Yard Tug (YT) 808 class vessel was successfully launched at the Dakota Creek Industries (DCI) shipyard, in Anacortes, Wash., on May 16. The YT 808 vessels
VIDEO: Quark celebrates launch of new expedition ship Quark Expeditions, Seattle, Wash., this week marked a major milestone in the construction of its technologically-advanced polar vessel, Ultramarine, with a traditional launch ceremony that also honored the shipbuilding team at Croatia's
Coal company to build Alabama barge load out facility The Alabama Department of Commerce says that Warrior Met Coal Inc. plans to invest $50 million to construct a barge load-out facility in Walker County to support its expanding metallurgical coal mining
C&C Marine and Repair increases indoor fabrication facilities Belle Chasse, La., based C&C Marine and Repair has acquired a 35,000-square-foot fabrication building from Versabar Inc. following the expiration of a leaseback provision in a 2018 purchase agreement between the companies.
Peruvian shipyard wins order for two pilot boats Peru's Doig Marine SA shipyard has recently booked an order to design and construct two pilot boats for Callao-headquartered DP World subsidiary Cosmos Agencia Marítima SAC, which provides pilotage services along the
Hornbeck Offshore files for Chapter 11 bankruptcy Hornbeck Offshore Services Inc. (OTCQB:HOSS) and 14 affiliated debtors yesterday filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. The debtors' bankruptcy cases are pending joint administration
Bahamas Maritime Authority appoints Deputy Director (Maritime Affairs) The Bahamas Maritime Authority (BMA) has appointed Capt. Ghulam Hussain as Deputy Director (Maritime Affairs) with responsibility for Bahamas representation at IMO and intergovernmental meetings. Hussain joins the BMA having recently held
Frontline reports strong quarter, postpones scrubber installations John Fredriksen controlled tanker giant Frontline Ltd. reported first quarter results that included net income of $165.3 million compared with $40.1 million in the same quarter of 2019. "Frontline achieved its strongest
Weekly briefing: Container results show early pandemic toll; tanker rates pressure Blanked sailings and cost cuts have lessened the impact of the coronavirus pandemic on container company finances so far, but...
UK confirms checks on goods crossing Irish Sea after Brexit transition Checks will be made on animals and foodstuffs entering Northern Ireland from the rest of the UK following the expiry...
Floating storage peak exposes tankers to post-crisis demand The factors that rapidly built floating storage, which has nearly doubled in three months, are unwinding faster than anticipated
DFDS expects slow passenger traffic recovery The tourism market remains the joker in the pack as passengers lose confidence in mass transport
UK urged to step in to protect ferry jobs 'P&O's proposals are opportunistic and would be seen as a betrayal of British seafarers on a scale not seen since...
Landbridge and SFL strike $65m VLCC leaseback deal The deal marks the successful delivery of Landbridge Wisdom, the last of the six VLCCs that the Chinese privately run...
Indonesian coal cargoes boost supramax rates Average daily earnings have almost doubled since the beginning of the year on two routes to Indonesia that contribute to...
Shippers concerned over service availability amid capacity cuts Shipper survey results show that cargo availability improved marginally last year but has decreased sharply during the pandemic
Separating truth from fiction can ease anxiety among seafarers Some within the industry have said that mental health of seafarers was a real issue before the current health crisis...
Evergreen and Yang Ming in talks over state-aid access A Taiwanese official says the state aid scheme will allow local shipping and port firms to gain access to extra...
Larger fleets do not always yield savings, says survey The Moore Maritime Index report also suggests that larger companies tend to achieve better charter rates and there may be...
Frontline says tanker market faces 'short-term pressure' Profits quadruple in the first quarter to $165.3m due to soaring tanker rates, says company
Daily Briefing Free to read: Grains unlikely to support bulkers in the near term | Abandoned LPG carrier had insurance and class...
Will judicial management force asset-stripping of Ocean Tankers? Singapore's judicial management system has so far achieved limited success in reviving and rehabilitating distressed companies
Wilhelmsen crowdfunds to support seafarers during pandemic The coronavirus outbreak has caused major disruptions to crew change operations, damaging welfare severely, with approximately 150,000 seafarers on ships...
Malaysia to supply LNG in ISO tanks to China Using ISO tanks to transport LNG allows remotely located end-users access to the supercooled fuel, says Petronas
Landmark moment for US east coast ports investment After Wilmington, Hyundai Hope will call at Charleston, South Carolina and Savannah, Georgia, two other east coast ports that have...
Talking TEUs and tequila Agriculture Transportation Coalition hears pandemic's effect on global movement of goods
Tanker pitch goes back to basics as floating storage fades Tanker owners increasingly point to upside to come after floating storage unloads.
FMC investigates Canada's proposed ballast water rules for Great Lakes U.S. Federal Maritime Commission finds sufficient credibility in Lake Carriers' Association petition to support invoking rarely used 1920 Merchant Marine Act investigative authority.
Vision of higher net sales for airlines could be a mirage Airline watchers need to pump the brakes on optimism for an industry recovery just because some preliminary figures show an uptick in bookings and fewer...
New Airbus production line for small jets opens in Alabama Airbus expands manufacturing capability in the U.S. with a new assembly line.
Germany agrees Eur25/mt start to CO2 tax for transport, heating The German cabinet has agreed a new CO2 price for transport and heating to start next year at Eur25/mt, economy and energy minister Peter Altmaier and environment minister Svenja Schulze said Wednesday.
US industrial gas demand levels off amid uncertain timeline to recovery Virus-related gas-demand destruction among US industrials appears to be bottoming out this month as slowing economic activity impacting their businesses levels off, but certain sector-specific risks remain.
Price-conscious bunker industry faces tough choices over credit "We are hearing more and more issues and questions popping up about credit," a bunker supplier said.
EIA says Midwest ULSD stocks near 20-month high Ultra low sulfur diesel stocks in the Midwest continued to build for the fifth consecutive week to 34.89 million barrels during the week that ended May 15, rising 1.60 million barrels, Energy Information Administration data showed Wednesday.
S Korean 0.5% marine fuel premiums move higher on short supply A crimp in bunker fuel availability led the key 0.5% grade marine fuel delivered in Busan/Ulsan to move higher this week, rising $61/mt or 29% week on week to $271/mt Wednesday, S&P Global Platts data showed.
Jet fuel floating storage rises in Northwest Europe Floating storage levels in Northwest Europe have been rising on the back of weaker clean tanker freight rates, with increased storage demand also helping to buoy the jet fuel premium to front-month ICE low sulfur gasoil futures.
EU hydrogen strategy to drive use in industry, transport: Simson The European Commission's upcoming EU hydrogen strategy paper is to look at how to drive demand in a range of sectors, including heavy industry and transport, according to EU energy commissioner Kadri Simson.
Singapore LSFO arbitrage inflow to fall in June, supply to stay ample: traders Singapore is expected to receive about 2 million mt of low sulfur fuel oil from the West in June, lower than the 2.5 million-3 million mt in May, traders said this week.
Price rally slows amid unexpected dip in US refined product demand An early morning rally in NYMEX RBOB futures faltered midmorning Wednesday on the heels of a surprise build in US gasoline stocks last week.
NYMEX WTI ticks above $32/b as June contract expires without drama NYMEX WTI crude oil futures climbed Tuesday to their highest values in more than two months as the front-month June contract expired, avoiding any repeat of last month's dive into negative pricing.
External: Global Risk Management
Japan's MOL subsidary plans LNG-fueled ferries to curb carbon footprint: Wartsila The ships are scheduled to commence operations in 2023 on the Osaka-Beppu route.
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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