Currency turmoil points to summer of uncertainty for industry Sharp depreciation already inflating claims in dollar terms
Why there are Three Elements to maritime efficiency Next generation technology will play an increasingly significant part in upgrading maritime efficiency. However, as the Lloyd's List SMM Business...
Kenya seeks to bring shipping line back from the dead Plans afoot to revive Kenya National Shipping Line
Atlantic panamax rates shrug off Trump's trade war Grain shipments from the US to Europe and parts of Asia alongside higher coal volumes moving to India are keeping...
US crude discharges in China despite tariff threats US crude flows to China are slowing but not halting, according to LLI vessel-tracking data
Turner set to replace Berg as IUMI president Munich Re's Dieter Berg steps down after four-year term
Yang Ming unveils feedership orders Taiwanese carrier says the ships will be complied with the new international environmental regulations, including the 2020 sulphur cap
Norden results weighed down by tankers Copenhagen-based company opts for scrubbers for a total cost of $54m
Thoresen Thai boosted by improving market Freight revenue increased 49% year on year owing to significant improvement in rates and higher demand
Hapag-Lloyd adds quote tool to digital service line-up Direct bookings system seems to simplify shipper experience
Daily Briefing Turkey will tough out the currency crisis, argues Robert Yildirim | China's record steel demand supporting cape rally | US...
Epic Gas reduces losses in second quarter Oslo Merkur-listed owner's fleet records 14% increase in TCE earnings as market conditions for small-sized tankers improve
Vard bags Yara unmanned vessel contract Fincantieri-owned shipbuilder to build the first fully autonomous vessel for Norwegian fertiliser and LPG carrier company.
Container feedership quartet hit the buffers Rate recovery comes too late for four fuel-efficient feeder designs in the fleet of Reederei Kopping.
Evergreen Marine to charter 36 feeder ships Larger-than-anticipated plan by Taiwanese operator with focus on chartered vessels
Celebrity wins appeal in passenger fall Plaintiff Janet Krug struck head on edge of stage during music trivia game, sustained several serious injuries, according to court papers.
DryShips takes further step in panamax bulker fleet renewal effort Nasdaq-listed owner has sold its fifth veteran panamax of the summer.
Norden may sell handysize bulker brace this year Reduction of non-core bulker fleet could continue given rising prices.
Trump fight with Turkey shakes ship scrapping Steel mills resume buying after hiatus and price slump rattles recyclers
IUMI appoints new president Richard Turner, insurance industry veteran, becomes next leader of International Union of Marine Insurance, replacing Dieter Berg.
Nordic American Tankers stays silent on key finance issue Analysts suggest Herbjorn Hansson's suezmax company may be operating under pricey DNB facility or about to accept it, but no word from Norwegian owner.
Scrubber case equally strong for MRs and bulkers, says Norden Executive explains plan to retrofit scrubbers on up to 31 owned and time chartered ships.
Crew missing from SCI VLCC after fire have been saved Tanker back under command after yesterday's blast with situation "totally under control".
Navig8 Chemical widens loss for the second quarter The Oslo over-the-counter listed owner sees lower charter rates amid higher costs.
Yang Ming Marine confirms CSBC feedership haul Shipowner says newbuilding move will help meet the future demand for medium and long-term vessel deployments.
BlueMountain Capital trims OSG stake New York-based hedge fund manager, OSG's largest shareholder, sells more than half a million shares of the Jones Act tanker.
Norden sees quick payback on major scrubber project Danish shipowner spending $41m to fit scrubbers on its own ships and a further $13m to support the technology on chartered tonnage.
Universal Logistics heads west Universal Logistics Holdings Inc. has acquired Southern Counties Express Inc. for $65 million, subject to customary post-closing adjustments.
ILA: Contract best ever negotiated The International Longshoremen's Association is urging members to approve a new master contract when it is put for a vote next month, saying it provides them with further protection from automation.
Executive Moves: CN, Rescar, Werner CN has promoted Doug MacDonald, Keith Reardon, John Orr and Derek Taylor. Jack Holmes has joined the board of Werner Enterprises. And Rescar has named Andy Schaffer president of its plant division.
Union Pacific COO retiring Union Pacific Executive Vice President and Chief Operating Officer Cameron Scott has announced he will retire early next year, and the company has shifted its network planning and operations function to better align with its strategic vision.
Air cargo containers used, abused Imagine being immersed in a crowd of thousands. In this situation, it would not be uncommon to experience being bumped and shoved along, in addition to having that uneasy feeling of not knowing for sure where you might end up. Welcome to the world of the airline industry's cargo containers and pallets - collectively known as unit load devices or ULDs. In the name of speed, this equipment is harsh
Commentary: Export compliance matters The temptation for a busy freight forwarder to say "forget about it" to U.S. export control regulatory compliance when there's an urgent and profitable shipment to get out the door is awfully tempting.
GlobalTranz acquires SynchOne Freight brokerage GlobalTranz Enterprises Inc. has acquired SynchOne LLC, the less-than-truckload third-party logistics solutions business of Synchrogistics.
Evergreen adding ship charters despite loss Despite a loss in the second quarter of 2018, Evergreen Marine Corp. is moving forward with further fleet renewal. Meanwhile, fellow Taiwan carrier Wan Hai reported sharply lower profit in the second quarter when compared to the same period last year.
Customer focus driving innovation A renewed focus on customer experience is the top factor driving innovation and adoption of new technologies in transportation and logistics, according to a new report from supply chain software provider BluJay Solutions and research
Brent CFD short-term backwardation steepens despite weak demand The upward kink in the Brent contract for differences curve has grown more pronounced in the last week around the August 27-31 CFD week
Off-spec Houston bunker fuel leads buyers to adjust buying decisions Testing companies found phenol, FAME, fatty acids, and styrene in the fuel.
EIA says USAC residual fuel oil stocks hit all-time low US Atlantic Coast fuel oil stocks for the week ended August 10 reached their lowest levels ever
Saudi demand could support European fuel oil exports year-round Saudi fuel oil pull to support backwardation in NWE Demand for high sulfur fuel oil in Northwest European could prove unusually resilient in the winter months this year as new desalination plants come online in the Red Sea boosting power generation requirements
Crude futures remain bearish midday on crude-stock build Crude futures remained bearish midday Wednesday after the US Energy Information Administration reported a larger-than-expected 6.81 million barrel build in US crude inventories
Shipowner Norden installs emissions-cleaning scrubbers for IMO compliance
Rotterdam HSFO flips to premium to LSFO on Saudi demand, low LSFO
Turkey's oil imports in focus amid lira crisis The weaker lira will sharply increase the costs for Turkey's sole crude importer, state-run refiner Tupras
Chinese independent refiners' crude imports to rise in Aug on lower maintenance "Total feedstock demand in August will definitely be higher from July levels due to lower maintenance schedule," said an analyst in Shandong.
REFINERY NEWS: Trafigura to restart refinery after labor protest "In the next few days, the necessary actions will be initiated to restart the refining operations," it said.
FUTURES: Crude lower on bearish US stocks data, strong dollar "A surprise build of crude inventory as reported by the API report is at work in weighing on crude prices," an IG market strategist said.
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