Maersk India's comment on the govt's recent proposal to consider alternate modes of transport like electric vehicles & hyperloop to bring down India's cost of logistics
JBS Academy partners with Gujarat govt to skill upgrade existing personnel working in Customs clearance
Twin accomplishments by ACCI in long, heavy haulage
Decreasing export growth rate trend should be of major concern to the govt: FIEO President
GST had a positive impact on businesses' logistics, shows survey
Leading lights to grace CONquest 2018 - Business Forum on Feb. 23 in New Delhi
Institutional investors eye APM Terminals' asset sales APM Terminals is drawing up plans to sell minority stakes in high value port facilities that would raise cash to...
K+N cancels container line bankruptcy insurance World's top freight forwarder confident that container line crisis over with no more corporate casualties likely
Shell charters two dual-fuelled aframax tankers from Sovcomflot Energy major will also supply LNG bunkering to the two ice-class ships
Boris Nachamkin, top shipping banker, dies in US Shipping deal luminary spent 36 years with Bankers Trust, many of them as head of global shipping for the bank...
Global LNG trades to more than double by 2040, says BP US will hike exports while emerging Asia and Europe increase imports, according to BP Energy Outlook 2018
Maersk seeks to simplify shipping process In a further move towards being an integrated transport logistics provider, the Danish giant aims to replicate the door-to-door model...
Ecsa calls for post-Brexit trade certainty Shipowners are concerned about border disruptions, movement of people and market access, says lobby group
Diana Containerships posts larger fourth-quarter loss Greece-based owner's revenues rise compared with previous year
Britannia and London Club highlight gains in 'tranquil' P&I renewal round Two clubs trumpet success in winning news business
Europe will be 'big loser' in IMO's drive for cleaner bunker fuel Paying more for imported diesel while receiving less money for fuel oil could cost $3bn in 2020 alone, and scrubbers...
MPC Containers buys 14 more vessels Feeder owner will control 58 vessels
Maersk biding time on future of Hamburg Süd's bulk and tanker unit AP Moller-Maersk chief executive Søren Skou predicts greater consolidation in container shipping, but Danish group's focus is on integration of...
Yilport in talks to buy container terminals Container terminal operator involved in expansion works at existing terminals
NYSHEX adds new board members Shipping exchange also establishes a member council to propose recommendations or changes to operations, processes and technology
Data Hub: Load Factors Supply pressures poised to put the squeeze on transatlantic load factors in 2018
This year's crude tankers market may already be a write-off Fearnleys analyst paints a bearish picture amid oversupply but says 2019 can be a recovery year
Golden Ocean results boosted by 'improving market conditions' Norway-based company sees continued improvement in dry bulk rates because of lower fleet growth and more positive sentiment around the...
Korea Line signs $604m deal to carry Vale iron ore A 25-year contract of affreightment covers transporting iron ore from Brazil to China from January 2020 to June 2045
India takes over operations at Chabahar port for 18 months The leasing agreement gives operational control of phase one of the Chabahar port development to India
Maersk seeks $600m from synergies as it integrates businesses Market conditions improving but more consolidation required in container shipping, says chief executive Søren Skou
Robust economic growth underpins bullish boxship outlook BIMCO chief analyst cites higher global growth forecasts from IMF
Korea gets its first mobile app for maritime terms The new glossary application covers 3,886 terms used in the maritime sector across the world
Dry bulk market may be held back after 2018 by growing orderbook There are twice as many vessels scheduled for delivery in 2019 as compared with 2020, says Braemar ACM
Singapore invests $10m in training next generation of seafarers Funding to be disbursed over a three-year period to Tripartite Nautical and Engineering Training Award Programmes
Korea's maritime ministry recruits financial sector executive ahead of national maritime body launch Former head of Seoul-based Golden Bridge Investment to assist in setting-up of Korea Ocean Business Corporation as a director and...
British ports say Brexit must plan for cross-border environmental health standards BPA chief executive Richard Ballantyne highlights possible challenges in handling new environmental health standards inspections at the UK border
Baltic Exchange sets benchmark trade for LNG index development London-based institution aims to publish weekly index for Asia round-voyage rates, says chief executive Mark Jackson
AP Moller-Maersk capex numbers spark order expectations Forecast for 2019 spending ignites suggestions newbuildings are on the cards.
London P&I Club records growth Major insurer sees almost 6% uptick in business compared to 2017 renewal.
Shell hires duo of SCF's LNG-fueled tankers Oil major highlights both use of LNG tankers for petrol trading, as well as its growing LNG bunkering business.
Yilport busy with upgrades through 2020 Yildirim Group subsidiary plans to spend millions on four port projects and buying several ports as it seeks annual double-digit growth.
Ardmore sees new asset manager take stake Latest ownership filing comes in wake of other asset managers seeking to ride expected products tanker recovery.
Kelly Clarkson inspired Maersk cyber attack response Soren Skou and chief information officer Adam Banks reveal how container giant has fortified its digital systems after $300m hit.
Diana Containerships sees losses widen Fourth-quarter saw a better rate environment, and full year results improve. But one-time charge weighs.
POSH cuts loss as revenue grows OSV rates weaker, but Singapore owner boosted by lower impairments.
NYSHEX adds vessel, cargo members to board Online freight booking exchange says move is in response to US governmental approval of governance model.
GSD considers move into tankers Turkish bulker owner says it is seeking a balance to its operations.
MOL orders again after dry bulk shake up Japanese owner makes return to dry cargo newbuilding arena after two years.
MPC Container Ships seals another fleet deal Ever-expanding Oslo-listed owner paying $139.5m for 14 more containerships.
Investors to pump $50m into Uljanik Shipyard Shareholders coming up with cash as part of Croatian yard's restructuring.
Hamburg Sud opens up with profit figures Maersk takeover means Arnt Vespermann can reveal earnings dating back to 2013.
Soren Skou targets further boxship consolidation Maersk group CEO says more mergers inevitable as competitors fail to generate return on investment.
Wartsila and Maersk Drilling sign 25-year deal Finnish group to maintain thrusters on four drillships and three semi-sub rigs.
Golden Ocean profit surges in fourth quarter Fredriksen-controlled owner rides better bulker markets as revenue from bigger fleet increases.
Fearnley analyst predicts 2020 rate boom Tanker rates could be heading back to levels not seen since 2007.
Great Eastern: no OSV de-merger Indian owner sees no benefit in spinning off its offshore shipping business.
'Dream scenario' for hedge funds This time round the big money thinks it has timed shipping investments right.
Samson Maritime linked to AHTS deal Indian owner said to have bought OSV from GOL Offshore.
EMAS Offshore to appeal Oslo delisting Company says decision not consistent with the progress already made under its restructuring.
Korea Line Corp confirms Vale COA deals South Korean shipowner says contracts will run until 2045 and are worth over $600m in total.
Tufton linked to MCC Transport feederships Deal marks London-listed fund's first vessel acquisition since initial public offering.
Third quarter profit slips at Singapore Shipping PCTC owner hit by higher shore side costs, while it also losses out on currency exchanges.
Ehret emerges as buyer of Sea Trucks vessels Newly-launched Dubai-based outfit promises more acquisitions in the next few months.
Southwest Airlines Cargo sets sights on Mexico Southwest Airlines Co. plans to begin shipping cargo to select international destinations starting in May, subject to requisite government ...
S&P strikes deal to acquire Panjiva S&P Global, the parent of Standard & Poor's, said it is set to acquire Panjiva, Inc., a company that provides data on global supply...
CP launches new perishables service Canadian Pacific Railway (CP) is launching a new perishables shipping service called "CP TempPro." Canadian Pacific Railway Ltd. (CP) has l...
Yilport outlines growth ambitions Turkey's Yilport Holding has ambitions to grow into one of the 10 largest international container terminal operators by 2025, according to ...
NYSHEX adds board members The New York Shipping Exchange (NYSHEX), which operates a platform on which shippers and ocean carriers can negotiate so-called "smart" con...
Uncertain times call for firm GTM plans A new report from American Shipper , BPE Global and the National Customs Brokers and Forwarders Association of America (NCBFAA) details the...
Three men indicted for illegal exports to Hizballah The U.S. Justice Department said three men were indicted Monday for their role in conspiring to illegally export goods and technology from ...
AIIS warns Trump about recommended steel remedies American Institute for International Steel (AIIS) Board Chairman John Foster on Monday criticized the Commerce Department's Section 232 rec...
Popping open the bubbly It's rare to call a group of people dressed in business casual attire sitting in a conference room buoyant. But then it's rare to see a si...
Galp targets 150,000 boe/d upstream by 2020 Portuguese energy company Galp said it aimed to boost upstream production by more than 50% in the next three years largely driven by ongoing production increases from its Brazilian pre-salt holdings.
Global oil demand to peak at 110 million b/d before 2040: BP Global oil demand will likely peak before 2040 as the renewable energy boom gains pace, sales of electric cars surge and environmental curbs on plastics shrink the role of oil in the global energy mix, according to BP's latest long-term energy outlook.
US crude stocks approaching five-year average Smaller-than-usual builds in total US crude inventories combined with continued draws at Cushing, Oklahoma, this winter helped NYMEX crude futures find a bottom last week and turn higher.
Firmer dollar keeps lid on NYMEX crude below $62/b The oil complex was mixed Tuesday, as the US Dollar Index strengthened for the third straight session after dropping last week to a three-year low, limiting the upside for crude futures.
External: Praxis Energy Agents S.A
WFS to charter four methanol-fueled ships due for delivery in 2019 The vessels are being built with MAN B&W ME-LGI two-stroke dual fuel engines that can run on methanol, fuel oil, marine diesel oil or gas oil.
TRADER NOTE: Staff changes seen at product tanker chartering teams Martin Madsen, a senior chartering manager with Straits Tankers, will be moving to Houston.
Platts to assess crudes on delivered North Asia basis, publish North Sea loading information - Rising Asian imports underpin new assessments - North Sea loading information follows pipeline outage
Number of bunker alerts issued in 2017 highest since 2014: VPS Of the 31 ports requiring a bunker alert release in 2017, 21 were in the Americas, 25 in Europe, seven in the Middle East and five in Asia, VPS said.
China's robust appetite for raw materials to boost freight demand: Bimco China's imports will play a crucial role in building demand for dry bulkers, tankers and upcoming freight levels.
TRADER NOTE: IBIA appoints new chairman, elects new board members Michael Green, who was IBIA's Vice Chairman, takes over from Robin Meech of Marine and Energy Consulting.
US crude exports in focus as LOOP completes first VLCC loading The rise in US oil exports has been a big boon for the tanker markets, giving rise to new routes in the past two years.
FUTURES 1: Crude mixed amid Mideast turmoil, profit-taking "The gap between Brent and WTI has been slowly widening, so there will be some profit-taking into the week ahead," an OCBC economist said.
Speculative length on ICE LSGO drops 26% on the week to 5-month low Persisting length in the Northwest European diesel market also weighed on sentiment.
Piraeus bunker market subdued amid national holiday But barge availibility was heard to be tight until Feb 20, due to increased demand from coastal vessels.
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