Cabinet approves MoU between India & Bangladesh on Aids to Navigation
FFFAI Chairman attends WCO's TFA meet to speak on industry perspective from India
Govt keen on private sector participation in inland waterways
Milaha remains profitable in 2016
PSA & Singapore Institute of Technology in collaboration to build knowledge in advanced port technologies & developing manpower for engineering & infocomm technology disciplines
RFQs invited for management & operation of Chabahar port
Traffic Managers of Major Ports visit JNP to see Ease of Doing Business initiatives
Cross-border rail connectivity within South & South-West Asia a priority, says Suresh Prabhu
Govt to bring in integrated, multimodal logistics & transport policy: Nitin Gadkari
Rationalisation of freight rates in Indian Railways highlighted
VLGC rates jump 7% in a day on chartering boost Frustrating freight market stagnation comes to an end
Economou pens $300m VLCC order at Hanjin Subic Angelicoussis among Greek owners with VLCC projects waiting in the wings
Hijacking highlights importance of piracy precautions Ship hardening and navigational precautions crucial as conditions on land deteriorate in Somalia
Henderson urges UK shipping to help shape government policy Chamber of Shipping elects Shell executive for a second term as president
UK seeks closer collaboration with China High-level delegation to promote companies from across the UK maritime sector, including ports, marine, and business services
Tanker negative returns deter investors Heavy-hitting tanker companies give negative return on investment, says DVB Bank
MEPs back Arctic bunker ban
Murach retirement sparks KfW-IPEX board shake-up Top ship finance specialist steps down after serving since 1974
Spain votes down port labour reforms Unions respond by calling off planned industrial action
Capesize climbs 35% to $16,000 per day Strength from Brazil and South Africa to China voyages boosts earnings with upside potential going forward
Suezmax earnings spike to near year-to-date high before easing But sentiment still strong with healthy loadings in Europe, Middle East, the Mediterranean and the Baltic
Three piracy incidents reported in Asia in one week ReCAAP reiterates advisory to all ships to re-route from Sulu-Celebes Sea where possible
KLC and JP Morgan snap up Hanjin capesizes Two seven-year-old ships reportedly sold at $26.5m and a five-year-old at $29.5m
Indian state-owned port throughput rises 6.5% Gains in container, crude and products traffic offset lower coal volumes due to high stockpiles
Dangerous liaisons There is every reason to believe that a very substantial number of the 36m boxes transported on the high seas contain undeclared dangerous goods
Pacific Harbor Line tests low emissions locomotive Source: Port of New Orleans Pacific Harbor Line began testing Progress Rail's 2,000-horsepower EMD24B locomotive. Pacific Harbor Line (PHL)...
APL to launch new China-Philippines loop Singapore-based ocean carrier APL, now a subsidiary of France's CMA CGM, will commence a new intra-Asia service between China, Korea, Taiwa...
2M Alliance, HMM sign strategic cooperation agreement Source: Hyundai Merchant Marine The 2M+H Strategic Cooperation includes slot exchanges on Asia-U.S. West Coast services, and slot purchases ...
FRA: Freight railroads making 'consistent progress' on PTC implementation U.S. Class I freight railroads continue to make "consistent progress" in installing positive train control (PTC), according to the latest P...
Report: OOCL charters eight large boxships in lead up to OCEAN Alliance launch Orient Overseas Container Line (OOCL) has chartered eight large containerships in the past month and a half leading up to the launch of the...
Nordic Tankers, V.Group launch joint venture Nordic Tankers Trading and V.Group have created anew ship management operation, the companies jointly announced. The new Copenhagen-based ...
Union Pacific issues response to Illinois train derailment Union Pacific crews are responding to a train derailment that occurred early Wednesday morning in Lake Forest, Ill. There were no injuries...
Executive Moves: ATA, Xeneta and SmartTruck Source: Pressmaster/Shutterstock ATA promotes four long-time staffers and hires new vice president of creative services and new director of ...
Panama Canal to launch vessel scheduling system The Panama Canal will be launching a new vessel scheduling and maritime resource management system, according to a release issued Wednesday...
Brazil's QGEP faces challenging scenario to divestment plan A reduction in the company's risk profile would allow QGEP to evaluate greater participation in upcoming bid rounds, with four licensing sales scheduled to take place in Brazil in 2017 and six more planned for 2018-2019, Guardado said.
Egypt's resumption of Aramco supply deal creates uncertainty in Med gasoil market One trader expected the tenders would be "partly canceled" after the renewing of ties between the Egyptian government and Aramco.
TRADER NOTE: Neil Lamerton launches new bunker brokerage t will offer LNG, ultra low sulfur fuel oil and lubricants to clients as well as traditional bunker fuel grades.
TENDER DATA: Rosneft offers up to 100,000 mt MSVGO from Komsomolsk for Apr-May Bids must be sent not later than March 22, 2017, 22:00 Moscow time
Swedish refiner Preem says shutdowns to cause refiners to buy less crude Preem's Q4 refining margin was $6.14/b from $4.31/b a year earlier.
Ecoslops, EGPC to carry out Suez Canal waste oil recycling plant study Ecoslops is one of a number of companies using technology to produce fuel oil from non-traditional methods. Disposal of ships' slops is a service usually provided by ports.
External: Wired Bunkering
Asia anti-piracy group ReCAAP outlines new intelligence program To strengthen intelligence on piracy and armed robbery against ships in Asia by 2020.
External: Global Risk Management
DRY BULK: Capesize freight rates hit multi-month highs on tonnage tightness Stronger fundamentals in China have also boosted other segments of the dry bulk freight market since the start of 2017
FUTURES: Crude higher on US crude draw, demand growth forecast
ANALYSIS: ADNOC's strategic storage move seen as win-win deal for India, UAE - ADNOC to store 5.86 million barrels of crude oil in India - Deal to help ADNOC make deeper inroads into Asia's key growth center - Quick access to cargoes, lower costs to help refiners
TANKERS: Navig8 VL8 pool to redeliver all Oman Shipping VLCCs by end-April - sources The exit is part of Oman's strategy to directly manage its state-owned assets
Slower Asian economic activity dampens residual fuel oil demand in Jan - IEA Chinese demand for fuel oil in January fell 54,000 b/d year on year to 153,000 b/d, with the figure predicted to fall further by the end of 2017.
IEA urges patience on market rebalancing as stocks rise - OPEC output pact stays 'solid' - OECD stocks back above 3 billion barrels - Confident US supports demand
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