APM Terminals Elizabeth welcomes largest container ship to call US East Coast
China launches new freight train service connecting Germany
Declaration to supress piracy in Gulf of Guinea launched
Maersk seeks collaborative efforts to decarbonise logistics
MOL to procure newbuilding Panamax bulker to transport woody biomass for energy
Suez Canal revenue up in April
Engineering goods exports skyrocket in April
Jackfruit from Tripura exported to London
Sugar industry wary of exports after subsidy reduction
Chennai Port crosses new milestone in container handling
Paradip Port gears up for cyclonic storm
SMP prepares to face challenges posed by impending cyclone in Bay of Bengal
Global events seen putting increasing pressure on logistics industry to respond in real-time
Ministry of Road Transport & Highways asks States/UTs to create pool of trained drivers for transporting hazardous cargo due to increase in need to move liquid oxygen
Rail freight attaining new highs in volume & revenue
Tender procedure for CER transport at Rotterdam suspended
India attracts highest ever total FDI inflow in 2020-21
Aditi Rasquinha appointed DB Schenker's Head of Ocean Freight for APAC Region
Mansukh Mandaviya & other key ministers interact with stakeholders on preparedness for Cyclone Yaas
White paper reveals learnings from one year into the pandemic
Turkish yard wins contract for LNG Canada tugs Turkey's Sanmar Shipyards has won the contract to build the fleet of three battery-electric harbor tugs and two LNG dual fuel escort tugs that Haisea Marine Services will operate at the LNG
C&C Marine delivers towboat in Maritime Partners series Belle Chasse, La., based C&C Marine and Repair LLC has delivered the M/V Ned Brooks, the fourth in a 15-boat series on order at the yard for Metairie, La., based Maritime Partners
Getting to zero is getting real GM is to phase out gasoline and diesel powered cars by 2035-and California could ban gas-fueled leaf blowers and lawnmowers by 2024. Developments like that are a reminder that moves to make
VIDEO: CMA CGM giant on record-breaking East Coast tour The largest containership to ever call North America's East Coast, the 16,022 TEU CMA CGM Marco Polo, sailed into New York on May 20, setting the second of an expected seven records
MARAD announces availability of $10.8 million in AMHP grants The U.S. Department of Transportation's Maritime Administration (MARAD) has announced the availability of $10,819,000 in grant funding for the America's Marine Highway Program (AMHP). The AMHP's purpose is to encourage the use
UGS censures leading Greek owner for 'Black Trail' remarks UGS president Theodore Veniamis assures Greek government it has the respect of the industry and says that the shipping community...
Taylor Maritime's oversubscribed IPO draws in shipowner and hedge fund Shipowner and venture capitalist Christian Oldendorff takes 14.9% stake in the company, which is buying 23 handysize or supramax bulk...
Shipowners focus on 2030 carbon cut target The IMO's next environmental targets will require ships to cut CO2 intensity by 40% by 2030 and by 70% by...
The week in charts: Sustainability scorecard | Compliance risk conundrum | Mixed signals for product rate recovery | Container freight rate march s of shipping's sustainability and ESG reports shows decarbonisation but an alarming lack of clarity from owners on...
Costamare announces pricing of unsecured bonds in landmark Greek offer Costamare raised €100m in the first-ever shipping industry senior unsecured bond on the Greek stock market. It said it will...
Legal worries are unnecessary roadblocks for climate action at the IMO Agreeing climate measures at the IMO has been slow going, with the law thrown up as a regular roadblock. But...
Maritime charity donates medical supplies to Indian seafarers The ITF Seafarers Trust will donate £215,000 ($303,000) of medical supplies to help coronavirus relief efforts in India, amid increasing...
Egyptian court rejects Ever Given owner's appeal against detention A further hearing will be held on May 29, UK P&I club says, as the legal battle to release the...
Salvors tackle blaze on X-Press Feeders vessel off Sri Lanka A chemical fire on a boxship off Colombo is under control but still burning. Authorities have ordered the vessel to...
Portuguese flag aims to continue rise with opening of new Greek branch Greek market is 'potentially the biggest and most important' for the International Shipping Register of Madeira, according to regional executive...
MOL looks to supply chain normalisation in second half of 2021 ONE shareholder MOL has benefitted from the container line's strong performance in its 2020-21 financial year. But as the pandemic...
Daily Briefing Free to read: Shipping's compliance risk conundrum | Bowsher confirms $80m underwriting loss at West | Norway supports shipping's 2050...
Yantian Port operations affected by coronavirus Infected stevedores were found at the west part of the key gateway port, where three of the 20 deepwater terminals...
MOL to acquire panamax to transport wood biomass As part of MOL's environmental, social and corporate governance initiatives, it is targeting businesses that will lead to reduced environmental...
Japanese LNG trader to import ammonia for power generation Japan, the world's third-largest economy, is championing the use of blue and green ammonia to decarbonise power generation and shipping
Capesize earnings remain resilient Brokers say most of the activity occurred in the Pacific region, a point borne out by the C5 Western Australia...
Freighter conversions: Boeing or the other guy? Some car owners will only take their cars to the dealer for maintenance, while others are content with an independent mechanic. The choice is similar...
How three Chinese companies cornered global container production The containers that U.S. shippers need are all built in China, where factories could set a new production record this year.
FreightWaves Flashback: Oakland targets intermodal 2002: The Port of Oakland gears up intermodal capabilities to catch up with in-state rivals Los Angeles and Long Beach.
Brazil's new gas regime opens market, but development of rules still necessary First concrete step should come by mid-2021 via Mines, Energy Ministry expected to publish regulations surrounding New Gas Law approved by Congress.
Crude climbs as improved demand outlooks offset concerns of rising supply Rising vaccination rates across the US underscored bullish summer energy demand outlooks.
ADNOC to build blue ammonia facility in UAE in clean energy push **Facility's capacity is 1 million mt/year **Facility expected to start production in 2025 **ADNOC has blue ammonia deal with Japan
Global oil demand rebound seen eclipsing India, Iran uncertainty **Summer oil demand seen rebounding over 8 million b/d **US land mobility hits post-lockdown high **India's COVID crisis still hanging over oil markets
Iran, IAEA extend monitoring deal to clear sanctions relief hurdle **Extension runs to June 24 **Iran pumped 2.43 mil b/d in April: S&P Global Platts OPEC survey **Fifth round of JCPOA talks set for this week
EUROPE AND AFRICA RESIDUAL FUEL: Key market indicators this week A weaker 0.5%S market has meant a less economical arbitrage for low sulfur fuels from Europe to Singapore, leaving Europe to grapple with product oversupply.
China's national emissions trading system to include two more sectors by 2022 Lai Xiaoming did not specify which two sectors will be included for the next step, but the eight sectors targeted for eventual coverage are petrochemicals, chemicals, building materials, steel, nonferrous metals, paper, aviation and power generation.
Japan domestic clean product shipments fall 5.5% in March on weak demand Domestic shipments of dirty products in March rose 4% year on year to 2.42 million kl, or 15.22 million barrels.
Freight paper markets jump on news of Iran-US nuclear deal **FFA dirty tanker market activity picks up **Positive outlook for physical amid Iranian nuclear deal **Scrapping levels to increase for older units
Container line CMA CGM offers carbon certificates linked to bio-LNG use The option will allow shippers to cut their CO2 emissions by a minimum of 67% on a full value chain basis, according to a company statement.
Singapore banks, SGX, Temasek to launch carbon exchange CIX by end-2021 "Driven by corporate climate commitments, global demand for high-quality carbon credits in the voluntary carbon market is estimated to increase at least fifteenfold by 2030," the companies said
REFINERY NEWS ROUNDUP: Plants in Europe expect better Q2; demand remains below 2019 "Gasoline has been extremely healthy in the quarter, with crack levels at some of the highest in five year range while diesel is still suffering from an overhang," Saras CEO Dario Scaffardi said.
Asia residual fuel market: Key market indicators this week June arrivals of low sulfur fuel oil are expected to be higher than May and add to current levels in storage.
INDIA DATA: April refinery run rate falls on month to 97% The flagship state-run refiner Indian Oil Corp. recorded an average of 104% combined run in April compared with 53% a year earlier and 100% in March.
OIL FUTURES: Crude rises on hurricane season concerns, pares losses after selloff The climb came as the specter of supply disruptions during the 2020 Atlantic hurricane season.
Japan's JERA to procure 40,000 mt ammonia for 20% co-burning with coal by 2024-25 JERA said it will move ahead to start a four-year-long pilot project to burn 20% ammonia at its Hekinan coal-fired power plant.
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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