USACE completes Overton Lock and Dam dewatering The U.S. Army Corps of Engineers (USACE) Vicksburg District has completed the dewatering of the John H. Overton Lock and Dam, located on the Red River, in Alexandria, La, at river mile
K Line to manage Singapore LNG bunkering vessel Kawasaki Kisen Kaisha, Ltd. (K Line) has signed a ship management agreement covering the 7,500 cu.m LNG bunkering vessel under construction for Singapore's FueLNG Pte Ltd., which will operate the vessel and
Mobile ballast water treatment system available in Port of Hamburg German maritime waste specialist Jongen GmbH has taken delivery of a Damen InvaSave 300 mobile ballast water treatment system. Jongen provides waste oil, waste water, and the waste removal services for maritime
Wight Shipyard to build four ferries for Malta U.K. shipbuilder Wight Shipyard Co. is continuing its success in the ferry sector, securing an order for four vessels for Malta's Captain Morgan Holdings Ltd, a subsidiary of Fortina Investments Ltd. The
CMS offers solution for low-sulfur fuel engine starting problems CSSC Marine Service Co (CMS), the equipment service subsidiary of China State Shipbuilding Corp (CSSC), is offering a retrofit solution for engine starting problems that may occur with less viscous low-sulfur fuels.
From the News Desk: Grey outlook and Christmas jeer Our regular round-up of the stories behind the headlines this week eyes up plenty of dark clouds on the horizon...
Perception is a key element in the autonomous discussion Several studies of the benefits of autonomous transportation have concluded that it is not enough to argue that controlling cost...
Nordic ports join forces in sustainable transport drive Port operators seek to share best practice in meeting UN sustainable development goals
Ports and terminals call for block exemption clarity The European Union framework is no longer up to the job, given the ever-increasing market concentration. Critics want to know...
China Merchants sells two VLCCs to Advantage Tankers Delivery of the ships is scheduled for early or middle December this year
South African operator rejects criticism of LNG The owner of South Africa's first LNG bunkering terminal has called into question the motives of those in the shipping...
Price spikes and delivery delays seen in Singapore ahead of IMO 2020 There is confusion in the market as some tankers are loaded with LSFO at anchorages waiting on IMO 2020 arbitrage...
The Lloyd's List Podcast: The outlook for 2020 and beyond This week, we're crunching the numbers and offering up a market forecast with Lloyd's List Intelligence's analytical oracle Christopher Pålsson...
UK maritime sector could benefit from OECD tax reforms Lord Mountevans highlighted some progress in the area of finance that was singled out as the one weak spot in...
Shipowners' Club seeks 5% rate rise 'The board has applied a 5% general increase in premiums for all covers for 2020. This will be inclusive of any...
Ocean freight contract rates rise in November In what will offer a glimmer of hope for container lines, contract rates have moved in a positive direction this...
MPC Container Ships forecasts greater stability in charter market Despite a weak third quarter, boxship fleet owner says removal of tonnage from market and low supply growth will support...
Global trade continues to lose momentum Germany, China and the US all see contractions amid stagnating global economy
Daily Briefing Free to read: Shipping used to police sanctions, forum hears | Investor shuns Qatar newbuilding investment on governance concerns |...
The Interview: Tom Crowley The head of the US marine solutions, energy and logistics company Crowley Maritime says it shines most brightly when there's...
Drilling activities for shallow water jack-ups seen stronger in Malaysian market Velesto, on the other hand, expects rig utilisation rate to remain high in 2020 and expects to benefit from the...
CDB Leasing strikes $269m financing deal for two MSC boxships Chinese lessor will charter the pair to MSC-affiliated Conglomerate Maritime for 12 years
Shipowners face delays, higher costs for bunkering in Singapore pre-IMO 2020 With bunker suppliers in need to clean tanks for new compliant fuel, shipowners are having a tougher time in getting prompt delivery of marine fuel
Tsuneishi forecasts newbuild promise - or a boom - in 2020 Tsuneishi Shipbuilding Co aims to secure about 50 newbuildings each year, based on the shipbuilding capacities at its three yards - its main facility in the Japanese city of Hiroshima, Tsuneishi Heavy Industries (Cebu) in the Philippines and Tsuneishi Zhoushan Shipbuilding in China. Company president Kenji Kawano has been candid about the group's performance so far this year, saying it had achie
Overseas presence gives Tsuneishi Shipbuilding scope to compete Hiroshima-based 'Tsuneishi factory' plays a critical role in research and development, training and vessel design for its satellite yards in China and the Philippines
Tanker owners need not lose sleep over extended Opec cut Rising supply from producers in the Atlantic basin means overall tonne-mile demand for crude tankers can hold firm in 2020
Cargo Day raises a record $1m for Mercy Ships Owners, charterers, brokers and traders dig deep in annual fund-raiser for medical charity
Imabari Shipbuilding and JMU to forge Japan yard mega-merger Share acquisition will signal start of part of new business pact between the two Japanese giants
Bimco: VLCC deliveries hit 'staggering' 43-year high Shipowners' organisation says 1976 was the last time big tanker fleet growth outstripped current levels - and it doesn't believe the hype about rates
Eimskip axes 55 workers and closes two offices Icelandic container line says cost-cutting measures having an effect on bottom line
NYK Line inks sustainability loan for $456m as UECC scores green finance Japanese owner says interest rate can be adjusted depending on social responsibility performance
Alios Bulkers moves into kamsarmax segment S Livanos-controlled Alios Bulkers has quietly moved into the kamsarmax bulker segment. The company has added the 81,000-dwt Atlantic Samurai (built 2019) and the 82,000-dwt Sanoyas-built Aquila Ocean (built 2018) to its website. The Greek shipowner's addition of the two Japanese-built vessels has not been reported. The Aquila Ocean is reportedly linked to Japanese lender Orix Corp and the At
Industry welcomes India's ratification of Hong Kong Convention India has formally acceded to the IMO Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) Indian cabinet approves Hong Kong Convention ratification India on way to join Hong Kong Convention, official says Gopal Krishna, secretary to the Government of India, Ministry of Shipping, and Amitabh Kumar, India's director-general of shipping, deposited th
Singapore commission questions HHI-DSME merger plan Competition authority flags up fears focused on LNG carrier construction
AP Moller-Maersk wields axe with at least 100 jobs cut Hamburg Sud bears the brunt of staff cuts as Danish giant seeks efficiencies
Solstad sells DESS stake to Fredriksen as loss hits $109m Norwegian owner cuts debt in deal to pull out of well boat joint venture as financing talks continue
Jan De Nul secures green financing for new installation ship Belgian owner taps five-bank syndicate to fund powerful vessel ordered at CMHI Haimen
Cleaves revises tanker asset prices up again in 'peak' market Resale values have risen again due to strong fundamentals, analyst says
K Line rolls out alcohol-detecting app for crew Japanese owner cracking down on booze consumption with new kit
Fledgling Turkish outfit grows with Maersk tanker buy Newly created Turkish company Tankmarine Ship Management has notched up its first major ship acquisition, snapping up one of several tankers sold by Danish shipping giant Maersk Tankers. Clients of Istanbul-based Tankmarine have emerged as the new owners of the 37,200-dwt Maersk Erin (built 2004), which was reported sold in September for $9.35m. Some market sources believed at the time the Maers
Eastmed offloads oldest ship to growing Ukraine buyer Greece's Eastern Mediterranean Maritime (Eastmed) has sold its oldest and smallest bulker to a steadily growing Ukrainian handymax specialist. The 45,500-dwt handymax Glyfada (built 1995) fetched more than $4m in a sale in late November, several brokers reported. The ship, constructed by Tsuneishi Group's Tadotsu Shipbuilding, was by far the oldest unit in Thanassis Martinos-led Eastmed's mixed f
MPCC fixes 90% of scrubber-fitted ships on savings-sharing deals Oslo-listed boxship owner is well on the way to positioning the fleet for IMO 2020 deadline
Damen secures Timorese ropax order Timor-Leste government signs newbuilding deal with Dutch shipbuilder
Hunter needs no new equity as VLCCs start working Norwegian tanker group posts loss of $1.58m due to cancelled bank financing
CMV confirms purchase of Carnival Corp cruise duo UK-based cruise operator says it has bought both ships that were reported sold earlier this week
Icon Offshore sees losses halved compared to a year ago Malaysia's largest OSV firm has seen vessel utilization improve to 57.5% over last six months
Maersk Growth invests in Danish IoT start-up Onomondo Technology will improve ability to connect devices such as cranes, trucks, vessels and containers, says liner giant
Seven Islands buying spree extends to oldest Eletson, Ancora tankers Indian company's IMO 2020 product tanker play reaches $90m mark as it purchases two more units from Greeks
Gard creates London-based chief underwriting officer post P&I club said move reflects the importance of UK capital's place in insurance market
Down Under Trucking: hugely taxing time for truckers In this week's round-up of trucking stories from around Australia: truckers slugged by box terminal operators; truckers slugged by tax hikes; truckers slugged by safety...
Outbound tender rejections continue to climb through Thanksgiving This is the first time outbound tender rejections have remained above 6% for consecutive weeks since March 2019.
Daimler to lay off at least 10,000 workers worldwide Daimler AG announced that it has reached an agreement with employee representatives to trim its workforce by at least 10,000 workers.
Parking apps boost safety, productivity for female truckers Ellen Voie, the CEO of Women in Trucking, spoke on the issues that female truckers in particular face when they are looking for parking spots.
Today's Pickup: Portland considers 'risk bonds' against companies that operate fossil fuel plants Owners would have to prepay for estimated fuel spill cleanup costs.
Commentary: Amtrak vs. freight railroads. Shippers, you are impacted! Shippers need to take heed of the Congressional push to allow Amtrak to sue freight railroads over on-time performance.
Ontruck's strategic acquisition of Briver will help triple its revenue in 2019 Spanish road freight startup Ontruck has acquired digital freight forwarding platform Briver, in an attempt to consolidate its market position in the Spanish region of...
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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