China's tariff on US soyabeans shakes up trade flows China has cancelled some purchases of US soyabeans, with some cargoes being switched to other destinations, according to official US...
CMA CGM investment in CEVA gets regulatory approval French carrier's stake in logistics company approved
Slack cyber security will mean lost charters and even detentions, owners told Wärtsilä to team up with consultants to offer collaboration and training
Tanger Med posts higher volumes for first half of year Boost from new terminal expected in 2019
Libya allows resumption of crude oil loadings Exports from Ras Lanuf, Es Sider, Hariga and Zuetina oil ports are expected to restart today
Chinese shipping forum voices concerns as Trump extends tariffs In addition to shipping lines, other related sectors including ports, logistics and shipbuilding will all be affected by US protectionism...
Quarterly Outlook: Insurance Blockchain and broker consolidation in London may bring changes to the marine insurance industry in the coming quarters
Daily Briefing Economou adds three LNG newbuilds as DryShips strikes VLGC sale deal | Is Alang on the cusp of a transformation...
Wirana chief: EU regulation could force owners back to Asian beaches With less than six months to go before EU ship recycling regulation comes into effect, there are only 21 compliant...
Waiting for Europe to bite Three ship recycling facilities in Europe say they have no current plans to expand
Is the pendulum swinging Hong Kong's way? India, Japan and Turkey prepare for ratification in a major boost for the convention
Bangladesh to recycle first HKC-compliant vessel There is a bigger role for shipowners to play to ensure the safe and environmentally sound recycling of their vessels...
Learning from the past and looking to the future Flag states must file serious accident and investigation reports with the International Maritime Organization more quickly to avoid repeating tragedy...
Methanol seeking standard for bunkers use Move to get a standard aims to foster wider adoption as a maritime fuel.
Liner shares fall as US ratchets up trade war Shares of major container line operators fall hard as concerns about more tariffs hit global markets.
NAO fixes PSV for up to three months Owner banking $16,800 per day for Norwegian supply work.
Passengers evacuated as ferry hits rocks Indonesian ship grounds, injuring two people on board.
Thoresen Thai sells bulker into India Veteran vessel fetches $5.6m from Hermes Maritime.
Hamburg Sud hands back boxship trio German line ends charters for South American loop after Maersk takeover.
Kuhne confirms CMA CGM approach for Hapag-Lloyd But German line's shareholder rejected bid and says it should be taking over its French rival, not the other way around.
Libyan tanker exports to resume NOC lifts force majeure at Ras Lanuf, Es Sider, Hariga and Zuetina.
IM Skaugen racks up $63m loss Norwegian gas carrier owner hit by cancellation of charters by Teekay.
Eastern Pacific to stage handysize bulker exit Idan Offer's Eastern Pacific Shipping appears to be staging an exit from the handysize bulker sector as it invites offers for the last four that it owns.
Sincere Navigation's MR order plan hits snag Taiwanese owner's newbuilding deal fails to materialise at STX in Korea after KDB turns it down, but company will turn elsewhere.
Wight Shipyard thinks it's coming home English yard paints biggest St George's cross as World Cup fever hits.
Great Harvest looks beyond bulkers Hong Kong owner wants to diversify to reduce shipping risk.
Jansen: no major merger activity in boxship sector Hapag-Lloyd CEO unaware of major deals in the offing after company denied any approach by CMA CGM.
Milaha moves into West African offshore market Qatari company sending liftboat to the Gulf of Guinea as part of its effort to increase its global footprint.
Doun Kisen bulker blaze doused Fire-fighters make quick work with cargo fire on Japanese handymax bulker in the Netherlands.
Chassis lessor group opposes Southeast pool While a proposal by the South Carolina Ports Authority and Georgia Ports Authority to form a new container chassis pool has garnered over two dozen letters of support from shippers and government officials to the Federal Maritime Commission, a trade organization representing lessors of chassis and containers is asking for the agreement between the two ports to create the pool to be rejected.
Tariffs tabbed for another $200 billion of Chinese goods The Office of the U.S. Trade Representative on Tuesday announced plans to levy 10 percent tariffs on goods from China totaling $200 billion in annual import value, after that country on Friday imposed retaliatory tariffs in response to an initial round of U.S. tariffs of 25 percent across $34 billion worth of goods in yearly import value. The $200 billion would follow another planned round of tar
Rich Products' topping idea In 1945, the late Robert Rich Sr. created the world's first nondairy whipped topping. The Buffalo, N.Y.-based company he created, Rich Products Corp., has grown into a diversified food company with annual sales of $3.7 billion. Rich Products is also the parent of a growing transportation company, ROAR Logistics. In May, ROAR continued its expansion by acquiring Integra Logistics of Houston.
FMC down but not out In the days leading up to the June 30 expiration of Commissioner Daniel B. Maffei's term with the U.S. Federal Maritime Commission, Mary Pileggi, chair of the National Industrial Transportation League, warned, "This creates a third vacancy and hamstrings the ability of the commission to run effectively and efficiently."
Korean Air launches Delhi cargo service Korean Air has initiated a thrice-weekly all-cargo flight from Incheon to India's Delhi using a Boeing 777 freighter.
Port of Felixstowe still not up to speed The Port of Felixstowe said Tuesday it is continuing to work to improve productivity levels, which dropped after the port implemented its new terminal operating system, nGen, last month.
Lufthansa adding two 777 freighters Lufthansa will add two new Boeing 777 freighters to its cargo operation at the start of next year.
Longshoremen reach deals in New York, Halifax The International Longshoremen's Association and employers represented by the New York Shipping Association said Tuesday they have reached tentative agreement on a six-year local contract for the Port of New York and New Jersey. Separately, the Halifax Employers Association said ILA members from three locals in that port had ratified a three-year contract that will run retroactively from the begi
Port of Virginia posts record fiscal year - again The Port of Virginia reached its fourth consecutive record-breaking fiscal year in terms of volumes growth in fiscal year 2018, which ended June 30, as it remains focused on expansion.
Crude tumbles with equities on US/China trade war worries Crude futures slid further Wednesday afternoon, with concerns of an escalating trade war between the US and China outweighing a 12.6 million-barrel draw in US crude inventories
Second Suezmax booked to take bunkers from Europe to WAF in July A second Suezmax has been booked to load bunker fuel in Europe for discharge in the West African market this July
Falling crude does little to boost bunker demand amid delays, seasonal lull Falling ICE Brent crude futures did little to boost bunker demand in a market that has been surrounded by delays, tight availability and a seasonal lull recently
JAPAN DATA: PAJ says oil products output falls 1.1% on week to 16.69 mil barrels Jul 1-7 High sulfur FO output fell 34.10% on week, but low sulfur marine diesel was 22.7% higher from the previous week.
FUTURES: Oil down as US confident on market balance post sanctions "Pompeo's statement that the US would be open to granting some waivers for importers of Iranian crude is a major factor for the price slide this morning," said Vandana Hari, founder Vanda Insights.
Panama's May marine diesel sales increased 23.64% on year The majority of sales came on the Pacific end of the Panama Canal, with 24,343 mt sold.
US LNG export growth from Gulf Coast draws futures contract proposal by CME and Cheniere The move will provide global LNG market participants with liquid and transparent forward price discovery.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher