Former shipyard inspector pleads guilty to falsely certifying welds The U.S. Attorney's Office for the Eastern District of Virginia reports that Joseph Powell, a former Non-Destructive Test (NDT) Inspector at Newport News Shipbuilding (NNS), pleaded guilty today in the U.S, District
ClassNK gives crew members guidance on IMO 2020 fuel change-over A booklet for ship crew members just released by classification society ClassNK outlines the potential risks facing seafarers responsible for operations in the change-over from conventional fuels to fuels compliant with IMO
VT Halter Marine hosts Q-LNG ATB naming ceremony In a milestone event, VT Halter Marine, Inc. has conducted a vessel naming ceremony for America's first offshore Liquefied Natural Gas Articulated Tug and Barge (LNG ATB) unit. In November 2017, VT
Grand Bahamas Shipyard drydocks first ship since Dorian Grand Bahama Shipyard reports that it has drydocked its first vessel since reopening shortly after Hurricane Dorian struck the Bahamas earlier this month. Taipei Trader, a 9,932-ton containership operated by Lomar Shipping
Buyer found for Harland & Wolff The Northern Ireland shipyard best known for building the Titanic looks to have a new future ahead - fabricating components for a giant gas storage project and potentially for a proposed FSRU
Svitzer orders two ice class ASD tugs Maersk Group towing specialist Svitzer has signed a contract with Turkish shipbuilder Med Marine for two new 30 m ice class tugs. To be built to Robert Allan Ltd TundRA 3000 design,
Bourbon Rhode: Two more bodies recovered Bourbon Offshore today reported the deaths of two more crew members of the Bourbon Rhode, the tug supply vessel that sank last week after being caught near the eye of Hurricane Lorenzo
Cosco parent begins marine insurance exit from London as sanctions bite The shift to China from Europe comes amid intensifying contagion fears among banks, class societies, charterers and bunker suppliers about...
Dover faces 60% drop in trade under no-deal Brexit Transport minister George Freeman has said the UK government is working on the assumption that a no-deal Brexit would cut...
InfraStrata to buy Harland and Wolff for $7.3m The Belfast-based shipyard and engineering company aims for a takeover after filing for insolvency
Bodies from sunken Bourbon Rhode found as Shipowners' Club confirms cover 'Our thoughts and prayers are with the families and loved ones who are grieving over this dramatic event' - chief executive...
Attica takes hit on merger costs and rising fuel price The €11m ($11.9m) first-half loss compares with an €8.7m profit in the corresponding period a year earlier
When it comes to marine insurance, take cover! Marine insurance entities are among the crop of new arrivals in Cyprus' growing maritime cluster
Pacific Radiance's revamp tests Singapore's debt restructuring aims Will lenders support or stand in the way of a proposal - that unlike others - seeks debt forgiveness to support the...
MS Amlin moves marine insurance in business reorganisation MS Amlin is aiming for a profit of £300m in two years' time, in line with the expectations of its Japanese...
Smart ports seen as critical to terminal operator strategies As some terminal operators move to follow the integrated logistics model, digitalisation will play an increasingly important part in their...
Veniamis: 'It's not too late to avoid anarchy on the oceans' Others need to speak up on a 'potentially catastrophic' implementation of sulphur cap, says Greek shipowners' leader
Cypriot banks aiming to run a tight ship Several banks in Greece and Cyprus are comfortable with the main three 'liquid' markets - bulk carriers, tankers and containerships...
NYK completes world's first autonomous ship trial The manned vehicle carrier collected data during its sailing
LNG freight market spike spurs winter hope Spot market availability of LNG vessels has tightened marginally this week as steady gains from northeast Asian shipments reopened the...
US transport department defends Chao over Foremost claims 'Several reports indicate that you have used your official position to benefit Foremost Group, a shipping company owned by your...
West Delta LNG seeks approval for Louisiana deepwater port The loading and marine berth would be capable of handling liquefied natural gas carriers with nominal capacities from 30,000 cu m...
Dover 'working on business as usual Brexit', chief executive says 'Business as usual, means Dover as usual and that is what we have been working on' - Doug Bannister
Hapag-Lloyd adopts Portchain fleet planner German box carrier will use machine learning algorithms to boost schedule reliability
Cosco sanctions are not holding back Yamal exports, says Novatek Cosco Dalian, which is subject to the US sanctions imposed last week, holds a major stake in China LNG Shipping...
Daily Briefing Free to read: Shipping industry moves to mitigate sanctions risks | Sanctions spark short-term bullishness for VLCCs | Teekay tanker joint...
Tug operators pulling for owed towing fees Four tug operators are chasing a heavy lift vessel, alleging a now-bankrupt company owes them $1.1m. McAllister Towing, Central Boat Rentals, Offshore Towing and Global Towing Service are seeking to arrest the 21,000-dwt Nor Goliath (built 2011) in the southern district of Mississippi federal court after Epic Applied Technologies and Ranger Offshore allegedly failed to pay for tow services. Acco
Fuel from capsized Golden Ray approaches shore Tides and currents blamed for leakage
GSL's deal windfall grows as underwriters buy more 'Greenshoe' exercise by B Riley FBR sends containership owner's cash windfall up by $6m.
Pangaea declaring two ice-class options in China Rhode Island-based niche specialist Pangaea Logistic Solutions has decided to declare two options for ice-class bulkers at China State Shipbulding's Guangzhou Shipyard International, market sources tell TradeWinds. Like the two original post-panamax units ordered earlier this year, the 95,000-dwt option vessels are expected to cost about $76m en bloc. Market sources tell TradeWinds that declarin
Brookfield sweetens Teekay Offshore takeover deal Private equity firm adds $0.50 per share to original offer
Graham Robjohns leaving Golar LNG after 20 years But veteran CFO will stay on until April; Golar Partners CEO also quits
Stena Bulk linked to methanol-powered tanker order at GSI Gothenburg-based shipowner seeks fuel solution for greener carriers with letter of intent at Chinese shipbuilder
StealthGas' LPG drive means selling small, buying big StealthGas has resumed selling some of the smaller units in its LPG fleet, in parallel with seeking bigger ships. The Harry Vafias-led company has shed the 5,036-cbm Gas 'Ethereal (built 2006), according to market sources in Athens. It changed hands for about $10.5m, TradeWinds is told. StealthGas doesn't see trade war easing in third quarter VesselsValue already shows the Japanese-built ship u
FSU moors alongside new facility to start imports for Bahrain A floating storage unit has finally moored at the new LNG import terminal in Bahrain in readiness to begin cool-down operations of the onshore plant. Personnel working on the project told TradeWinds the 173,400-cbm Bahrain Spirit (built 2018) was towed into position and moored on Monday. Bahrain's new FSU arrives but terminal delays continue The vessel arrived off the new facility in the Hidd I
Pittas comes up with cash for Euroseas retrofit Greek owner's CEO providing loan to fit ballast water treatment system ahead of new boxship charter.
Marine insurance business survives MS Amlin shake-up Major cut backs in speciality insurer's portfolio as part of ongoing midterm business plan
Diana Shipping doubles buyback to $10m Bulker owner now aiming to acquire 2.8m of its own shares
EGD expands tanker fleet with bareboat charter deal for MR Chief executive Magne Ovreaas reveals scrubber-sceptic stance
Two more bodies found after Bourbon sinking French owner mourns death of more crew following loss of anchor-handler
Exmar faces Gunvor arbitration over FSRU financing Trader raises legal argument in row over sale and leaseback deal with China's CSSC.
Harland and Wolff saved in $7.4m deal Historic Belfast shipyard bought by infrastructure company InfraStrata
Roger Strevens: Compliance with 2020 rules poses 'huge test' of IMO's political will How the world polices the global cut to sulphur in marine fuels will have important ramifications for shipping's ability to deliver carbon emission reductions
Luxury Ritz-Carlton cruiseship delayed in Spain US owner says delivery pushed back four months due to project cost issues.
Pavilion Energy puts out feelers for small and midsize vessels Expansion-minded Singapore company looking at specialist sizes for transshipment business
Sluggish handysize S&P market perks up as buyers break cover Buying interest in smaller bulkers is driven by tonnage built in Japan early this decade
WFW recruits Ince's Ricketts in Singapore Former managing associate joins rival to focus on shipping and oil and gas.
Klaveness and BHP join forces on digital shipping platform Shipowner and trader trial system to improve sharing of supply scheduling and vessel information
Hyundai Steel opts for LNG-fuelled bulkers to ship iron ore South Korean steelmaker follows compatriot Posco and Australia's BHP Billiton on greener fuels
Jotun paints profitable picture for year to date Jotun, a leading producer of marine paints, has recorded a 58% increase in pre-tax profit to date this year. The privately owned company logged a NOK 1.56bn ($172m|) profit in the first eight months of 2019, against a NOK 990m profit in the same period of last year. Jotun records sharp increase in results for first quarter Jotun paints a brighter picture over IMO changes Operating income incr
Medmar shutters, leaving chartered fleet in the lurch Problems at Greek bulker operator generates headache for owners and operators
Avenir LNG confirms Petronas charter for first small-scale ship Malaysian giant piles into LNG bunkering with three-year charter deal on LNG carrier
Uljanik Plovidba seeks court protection as banks pull plug Credit Suisse and others "walk away" from talks and arrest MR tanker.
Korea Western Power to pay premium for scrubbers Higher freight rate agreed to compensate South Korean compatriots SK Shipping and H-Line for installation costs
Dark bridge: NYK completes world's first autonomous ship trial Japanese owner says car carrier navigated from China to Japan using Sherpa system
Arne Fredly lends $15m to Hunter Group Director and investor's Apollo Asset strikes deal for revolving credit facility.
Gulf Energy Maritime linked to string of LR1 tanker sales Move could cut Dubai-based GEM's exposure to the segment by half
Chinese auction expected for last Remi Maritime ship National Bank of Greece is said to be behind the auction of supramax that has been idle for more than nine months
Canada looks to export bitumen to China by boxship New technology said to circumvent law barring oil tankers from British Columbia coast
Lomar feeder first to drydock at Grand Bahama post Dorian Resumption of work on containership said to mark a major step in return to normal operations
Longer Icon Offshore charters point to sector recovery, says analyst Malaysia's largest OSV owner also seeing better rates as vessel supply said to be tightening
Labor protest to block some airfreight traffic at LAX Wednesday Truck drivers trying to make deliveries to and from cargo warehouses at Los Angeles International Airport on Wednesday could experience delays from labor protests scheduled...
Downside of commercial vehicle purchasing cycle snares Meritor Meritor, Inc. announced that it is laying off employees across the entire company in response to declining global truck and trailer demand.
Less-than-truckload volumes to be pressured by weak September ISM data Less-than-truckload volumes to continue to be pressured by weak September ISM report
Canadian National unveils plan for winter operations The railway grappled with not only the potential for cold temperatures but also macro uncertainty in crafting plan.
COSCO blacklisting sparks LNG collateral damage (with video) U.S. sanctions targeting Iranian crude aboard Chinese ships ensnare Canadian-headquartered, New York-listed owner of Bahamas-flagged vessels carrying Russian cargoes via Arctic Sea.
Uber's app overhaul distracts from its slow revenue growth Like Lyft, Uber is also decentralizing car-sharing in an effort to defy categories and shift user perception.
World trade forecast gets haircut for 2019 and 2020 from WTO Export and import volumes falling well below earlier estimates as economy slows and trade tensions rise.
Deliverr raises $23 million, expands fast-shipping program Tech fulfillment companies thrive as demand for speedy delivery surges.
UPS certified for unlimited drone operations First-of-its-kind FAA approval allows company to expand beyond medical deliveries.
Tech thriller author and Hunter Harrison biographer are speakers at FreightWaves LIVE Chicago Authors Ben Mezrich and Hunter Green to share stories on how new tech ideas rattle and shake up the old guard.
Canada's economy takes a breather, but don't call it a slowdown Trucking and rail sectors decline as flat GDP report ends four-month growth streak, but analysts say fundamentals remain solid despite weakness in energy and mining.
SpiceJet cargo arm set for IPO SpiceJet cargo unit aims for listing
Freight Futures daily curve: 10/1 Large swings in futures front month prices as spot month "rolls" to October.
FMCSA opens registration for drug and alcohol clearinghouse Sign up required to access database when it's fully implemented on January 6.
Genesee & Wyoming subsidiary upgrades infrastructure in Georgia The upgrades come as company and state officials eye anticipated volume growth at the Port of Savannah.
CBP cracks down on forced labor in supply chains Customs and Border Protection issued holds on five products from five countries, requiring U.S. importers to re-export those products or provide additional information that they...
Service contract filings a 'vestige of an old regulatory regime' The World Shipping Council considers next steps after the U.S. Federal Maritime Commission on September 26 denied a part of its petition calling for the...
FAA orders inspections of Boeing 737 NGs for fuselage cracks Taken by themselves, recent safety concerns with Boeing aircraft might be seen as part of normal checks and balances. But in the wake of the...
Commentary: Your supply chain is part of your consumer experience Market voice Brian Aoaeh writes about how a company's supply chain can help or hurt its image with its customers, the media and investors.
DHL Group doubles down on digitalization with a €2 billion investment DHL Group announced its Strategy 2025 where it expects digitalization to help power its EBIT to at least €5.3 billion by 2022.
Food-as-software will make a chunk of ag-sector trucking obsolete A newly published ag-sector report suggests that the lab-grown meat segment will shrink the industrial animal farming market by 50% by 2030.
Air forwarders hesitant to embrace CBP's electronic export manifests Brandon Fried, executive director of the Airforwarders Association, believes U.S. Customs and Border Protection must step up engagement with his industry to boost its participation.
Commentary: What's the 2020 outlook for railroad capital expenditures? Jim Blaze writes about the decisions that will go into determining 2020 capital expenditures by the freight railroads.
Four views of global growth: BlackRock, McKinsey, Deutsche Bank and BoAML In 2020, growth is expected to slow further in nearly every global region, except Latin America and emerging Asian economies.
Today's Pickup: Convoy expands shipper options to include free transportation management system Convoy has rolled out a free transportation management system for shippers. Also, USPS is interested in drone operators, Rivian wants people to subscribe to its...
IRU: Why Europe's truckers are Brexit's frontline With 7,000-10,000 trucks using the Calais-Dover route between France and England every day, a no-deal Brexit will hit haulage companies hard, says the IRU.
NYK successfully trials wholly autonomous ocean-going car carrier Japanese shipping giant NYK has taken a big step into the future as it has revealed the successful trial of a "Maritime Autonomous Surface Ship",...
0.5%S MARINE FUEL: Physical activity takes off in ARA, Singapore September saw the first trades for 0.5%S Marine Fuel, as market inventories continued to build.
Bunker buyers foresee demand swing to VLSFO: Monjasa survey Very low sulfur fuel oil is the preferred choice of marine fuel among shippers, a survey of bunker buyers by supplier Monjasa indicated.
Japanese refiners start supplying IMO-compliant 0.5% sulfur bunker fuel oil Japan's top three refiners started on Tuesday supplying 0.5% sulfur bunker fuel oil.
Sep HSFO Rotterdam barge MOC trade volumes drop 25% on month Fuel oil volumes traded in the Platts Market on Close assessment process for 3.5% FOB Rotterdam barges declined 25% month on month.
ICE Oct Singapore HSFO open interest down 26.11% to 10.07 mil mt Open interest for front-month October Singapore high sulfur fuel oil contracts traded on the Intercontinental Exchange fell 26.11% month on month to 10.074 million mt as of Friday, according to ICE data released Monday.
Asian middle distillate to firm on worries of Middle East supply constraints "The way the market has been moving up of late is clear that there is supply tightness in the market, but what that real value should be is a guess," a refiner said.
Singapore 10 ppm gasoil swaps spread hits record high, uptrend to continue "Gasoil exports from China could fall closer to the lower end of this year's export level," a Singapore-based trader said.
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