|JULY 9, 2021|
- Unfair D&D charges and follow-up aggression leave shipper Alice in wonderland
- Trouble at sea means early peak and sudden wave of air freight rate spikes
- Construction work at Dhaka Airport causing air cargo chaos as rates soar
- Are ocean freight rates easing? A fortune cookie may have the answer
- New Flexport and Convoy logistics partnership set to blaze a hi-tech trail
- Kuehne + Nagel hooks specialist seafood air freight forwarder Salmosped
- GL Terminal opens its gates to 'modernise' Indonesian box logistics
- Hours extension 'to ease driver shortage' causing 'pandemonium' in UK haulage
- Port of Southampton to close its doors on Sunday, for 'the Italian job'
- FedEx vs a Rube Goldberg machine vs Euros 2020
- On the wires: DHL, DSV & Kuehne - 'walls have ears'
- Under the radar: Roll on, roll off, roll over - here's a leading indicator
|JULY 9, 2021|
- Eastern Shipbuilding celebrates opening of new repair facility
Panama City, Fla., headquartered Eastern Shipbuilding Group, Inc. (ESG) yesterday hosted the grand opening of its Port St. Joe, Fla., (PSJ) facility. The new facility adds an additional 40-acre site to the
- First Upper Ohio Navigation Project contract awarded
The Pittsburgh Engineer District has awarded Richard Goettle Inc., of Cincinnati, Ohio, the first construction contract for the $1.8 billion Upper Ohio Navigation project. The $4.7 million contract awarded Goettle is for
- Hyundai orders world's first ME-GA engines
MAN Energy Solutions has booked the first orders for its new low pressure ME-GA two-stroke stroke engine. HHI-EMD (Hyundai Heavy Industries' Engine Machinery Division) has ordered a dozen of them. Six new
- VIDEO: River cruise vessel runs aground
A riverboat cruise turned into somewhat of an adventure cruise yesterday when passengers found the vessel had gotten stuck on a sandbar near Barkley Bridge on Lake Barkley, Ky., during a seven-day
- Retrofitted inland vessel cleared to sail the Rhine on hydrogen
Rotterdam-headquartered Future Proof Shipping B.V. (FPS), which is retrofit the 110 meter by 11.45 meter inland container vessel Maas to a zero-emissions hydrogen propulsion system, has cleared a regulatory hurdle. The Central
- Zero by 2050: Is the technology there yet?
If you didn't get the message that shipping needs to decarbonize, welcome back from your vacation on Mars. The International Maritime Organization has set what the International Chamber of Shipping describes as
|JULY 9, 2021|
- Paulo Enoizi named to lead GasLog Partners
Chief operating officer since 2019, Paulo Enoizi succeeds Paul Wogan, who has stepped down from the partnership to concentrate on...
- Singapore strengthens crew change rules
Singapore's Maritime and Port Authority has further tightened its crew change requirements while easing the home isolation requirement to 14...
- UK sanctions divergence may be headache for marine insurers
'At the moment, we are not quite there yet, but there are areas of difference, and we have clients for...
- Sovcomflot secures charters for LNG duo from TotalEnergies
The French energy major will charter two 174,000 cu m liquefied natural gas carriers from Sovcomflot for up to seven...
- Regional freight rates set to follow main lane trades
Smaller trade lanes have yet to see the price shocks of major head haul routes. But with ships needed on...
- The week in charts: Sky-high scrapping rates | Buoyant bulker FFA volumes | Relentless box charge
High steel plate prices on the Indian subcontinent have driven ship recycling rates to their highest level in more than...
- Abu Dhabi considers green ammonia bunkering facility
The project will also feature a storage facility at Khalifa Port. This raises the prospect of becoming a hub for...
- The lessons and the aftermath of the Ever Given incident
Suez Canal Authority speaks out on Ever Given grounding, and what the rest of 2021 holds for the shipping industry
- European forwarders call for fairer taxation regime
Container lines are increasingly competing with freight forwarders for hinterland services. But by claiming these services as ancillary to shipping...
- Daily Briefing
Free to read: Ever Given was human error but it won't happen again, says Suez Canal chair | Holding Ever...
- US freight transport sector faces 'crackdown' on anti-competitive behaviour
FMC chairman Dan Maffei welcomes the move, saying it engenders a new 'spirit of co-operation' among government departments
- China sees shipping as a potential target for national carbon market
The move comes against the backdrop of China's pledge to decarbonise its economy and the pressing need at the international...
- The Lloyd's List Podcast: Why shipping is not going to get any sanctions risk relief
Don't mistake the anticipated lifting of Iranian sanctions for an easing of compliance risk. For those banks and insurers seeking...
- Prokopiou eyes fresh challenge as new owner of Hellenic Shipyards
George Prokopiou says a return to shipbuilding 'remains to be seen' at the facilities that have been passed between state...
|JULY 9, 2021|
- Biden executive order adds urgency to FMC review of ocean shipping
- Trucking market strain spurs acquisitions
- Shipping exemption from global tax plan will distort market: forwarders
- Blockshipping looks to solve terminal re-stacking problem
- US containerized refrigerated trade continues three-year growth streak
- CN's track outage cuts Vancouver intermodal capacity
- Consumer spending boosts recovering ro/ro market
- Container shipping super cycle driving supply chain rethink
|JULY 9, 2021|
- Biden executive order could crack down on 'exorbitant' demurrage rates
- Liners spooked by Biden's stance on the container shipping 'problem'
- Belships sells oldest bulker to Jinhui Shipping & Trading
- Tsangaris clan emerges with new venture Westport Tankers and first deal
- Further tests needed after Alfa Laval completes first on-board carbon capture
- EnTrust's Purus Marine wants more as it buys first wind farm vessel
- Volga Shipping cargo vessel crunched by sistership in Russian port
- Peninsula eyes global expansion of LNG bunkering services
- From taxis to terminals: how Boers Crew grew from humble beginnings
- A tale of two happy families at Boers Crew Services
- New Fortress set to supply FSRU-based LNG terminal to Sri Lanka
- Japanese shipyard figures reveal a decade of decline
- War-gaming with Jelly Babies: how security firm MNG defeated the Delta variant
- Niche player James Fisher offloads subsea ship as it focuses on energy transition
- Blystad tanker seafarers hit by Covid-19 outbreak
- Oceanbird aims high with wind wings that reach for the sky
- Quick control of Ocean Trader fire 'prevented spread and casualties'
- Singapore offshore sector on road to recovery, but at 'snail's pace', analyst says
- India's shipping players free to do battle in overseas courts
- Eastern Pacific brings virtual reality to LNG bunkering training
|JULY 9, 2021|
- Staten Island Ferry construction christens Florida's newest shipyard
Eastern Shipbuilding opens a new shipyard in northwest Florida with Staten Island Ferry orders.
- Lufthansa's CityLine passenger subsidiary to haul freight
Lufthansa Cargo is an early adopter of the Airbus A321 converted freighter and will use a passenger affiliate to fly the aircraft.
- Stranger things: Air cargo becomes value play over ocean freight
The Upside Down is a parallel universe inhabited by the Demogorgon in the Netflix series "Stranger Things." In the real world, shippers that don't want...
- Final innings are coming soon on the fate of Oakland's Howard Terminal
One alternative: The team moves to Las Vegas, though that would keep Howard Terminal in place.
|JULY 9, 2021|
- NWE 0.1%S gasoil values buck trend to near 6-month high
Marine gasoil demand levels in Northwest Europe cited as possible boosts to 0.1%S gasoil barge premiums.
- Crude climbs as market eyes tightened near-term supply outlook
Rapid drawdown in US crude inventories in recent weeks has supported bullish near-term supply outlooks.
- CONTAINER QUARTERLY: Demand-related strength to continue to end of year
**Rates to remain firm heading into second half of 2021 **Demand expected to outstrip supply of empty containers
- Grangemouth operators Ineos, Petroineos sign up to Acorn CCS project
**Grangemouth CCS startup planned by 2027 **BP-led Humber and Teesside CCS to combine
- US to ship 343,000 mt of LGP to Europe in July so far: Kpler
**US-Europe LPG arb for July seen closed **NWE butane complex stronger on tight supply
- Maersk highlights unexpected costs of building methanol-fueled vessel
**Conventionally produced methanol 43% costlier than LNG **Existing infrastructure for methanol as a bunker fuel
- High delivered WTI Midland offers support N Sea, WAF crude markets
**Weaker US arb economics support alternative light sweets **Expectations of lower US flows to Europe in Aug, Sept
- BUNKERWORLD INDEX: Prices dip on fraying cohesion in OPEC+ amid varied bunker market sentiment
**Softer South Korea delivered marine fuel 0.5%S prices spur demand **Supply outlook at Antwerp good for all grades of fuel **Congestion at Montreal expected to linger until mid-week
- ARA fuel oil stocks down 14% on week at 1.236 million mt: Insights Global
**Stock draw comes as traders report fewer cargoes on offer **Spread between 3.5% and 1% sulfur fuel oil widens to $61/mt
- EU carbon market extension 'high risk, low reward for consumers'
**Eur100/mt price needed to change behavior **Policies risk tipping more into fuel poverty
- Sinopec's tight bonded bunker quota likely to squeeze supplies, boost prices at China ports
Sinopec accounts for about 65% of China's LSFO production, according to market sources.
- SINGAPORE DATA: Residue stocks fall to over 3-month low on firm demand, low imports
**Bunker demand firms up to better-than-average level **Fuel oil imports decline 1.3% on week to 967,590 mt
- Singapore balance July ex-wharf marine fuel term premium rises on demand uptick
Demand for IMO-complaint fuel at the world's largest bunkering hub of Singapore has been better-than-average to rather firm, especially for most parts of the last couple of weeks, traders have said.
- Saudi Arabia's HSFO purchases from Asia fall on refinery startup, crude use at power plants
**Jizan refinery sells three Aframax HSFO cargoes a month **Saudi Arabia burning crude oil at power plants