Collaboration to build world's most advanced maritime spatial database
Container line moves to punish 'mis-declarers' welcomed
Hapag-Lloyd delivers significantly higher half-year result
Key global shipping associations put out joint statement on situation in Strait of Hormuz; urge immediate action to stop escalation of tensions & fully respect international law
Milaha signs partnership to promote environmental sustainability
MOL & COSCO SHIPPING Energy Transportation ink MoU facilitating further cooperation in upcoming LNG, ethane projects
Anti-dumping duty on imports of certain type of steel from Brazil, China & Germany likely
Antwerp Port Authority & World Trade Center Pune jointly launch Pune Manufacturing Think-Tank
Indamex service - Terminal Change in Norfolk
Port of Rotterdam Authority launches new company to make its digital shipping app available to ports worldwide
Kerry Indev Logistics partners with Lenovo India for distribution of 1.56 million Notebooks under TN govt scheme
Flat batteries can mean MARPOL violations P&I insurer Gard is warning that flat batteries in bilge alarm monitors may lead to Port State Control problems. Port State inspectors compare the Bilge Alarm data to the entries in the
Coast Guard approves another Subchapter M TPO The U.S. Coast Guard's Towing Vessel National Center of Expertise (TVNCOE) posted on its website August 5, 2019, that the Coast Guard has approved Inland Towing Operators Working Together (ITOW) of Robards,
Hormuz: Iran spoofing bridge to bridge communications? MARAD has issued a revised advisory for vessels operating in the Persian Gulf, Strait of Hormuz, and Gulf of Oman. It warns that heightened military activity and increased political tensions in this
Law: Seven leave Ince for HFW London headquartered law firm Holman Fenwick Willan LLP (HFW) is launching an office in Monaco with the hire of a team to be led by partners Ian Cranston, Andrew Charlier and Marco
Iran responsible for 70% of misrepresented bills of lading 'Shipowners should be aware that there are many bills of lading issued, not by them or their agents, but by...
Retrofit congestion will fuel cape rates, say owners The high volume of scrubber installations is causing problems at yards where dry dock times are escalating as owners rush...
New study underlines poor timing of investing in shipping stocks It has been found that most of the new equity capital accrues to maritime companies at the peak of the...
Perception and reality Latest container volume figures show the reality of falling demand as global trade slows
IEA signals tanker trouble with crude demand forecast cut Indications of slowing demand and shrinking exports from the world's biggest crude exporter suggest that the recent gain in tanker...
US box imports still at near-record levels Despite the recent imposition of new tariffs of 10% on some Chinese goods entering the US, retail importers expect inbound...
Global box volume growth brakes sharply Latest CTS figures show global volume growth at 1.3% in the first six months of 2019 against 4.5% at the...
The Lloyd's List Podcast: Shipping's pensions pot We are talking pensions on this week's podcast with Roy Murphy, who is chair of two maritime industry pension schemes...
Lay-offs start at Harland and Wolff Temporary unpaid lay-offs imposed by administrator in effort to provide more time to look for commercial solution for troubled engineering...
Navigator hopeful small gas carriers will strengthen Rates in the very large gas carrier segment have reached levels not seen since 2015, with the mid-sized sector seeing...
Ballast Water Management Convention: Fifteen years in the making The Lloyd's List ballast water webinar, Ballast Water Management Convention: Early learnings and final preparations, will focus on the implementation...
EuroDry posts loss for second quarter Greek bulker owner remains keen on M&A opportunities while voicing 'optimism' on market prospects
Euroseas aims at further feeder expansion Nasdaq-listed owner sees trade tension risk for otherwise promising prospects for improved market
Daily Briefing Box majors clamp down on cargo misdeclaration | Yangzijiang requests trading halt amid rumours about missing chairman | The Interview:...
CSSC funds dual-fuel feeder newbuilds for Containerships The shipyard-backed lessor is providing finance in the deal for newbuildings at its own parent group, Lloyd's List understands
Swire Pacific Offshore first half losses narrow to $81m but rates remain weak Swire Pacific chairman sees day rates remaining depressed despite signs of recovery in the offshore industry
The Interview: Caroline Yang SSA's first female president goes beyond gender boundary to embrace diversity and bolster efforts in digitalisation and green shipping
Overseas Shipholding Group looks to recover millions from refinery owner Overseas Shipholding Group says it is owed seven figures from the bankrupt company behind the exploded Philadelphia oil refinery. In reporting its second quarter earnings, the Jones Act tanker owner disclosed that it had approximately $4.3m in outstanding receivables from Philadelphia Energy Solutions. Philly refinery fire boosts MR product tanker earnings Pyxis Tankers sees Philadelphia refine
Mermaid wins subsea work in Middle East and south-east Asia Thailand's Mermaid Maritime has won subsea services contracts worth a combined $7.4m in the Middle East and south-east Asia. Mermaid Maritime denies DSV disposal The Singapore-listed company has secured a nine-month contract with an unnamed a national upstream oil and gas company in the Middle East, commencing this quarter, a filing said on Friday. Mermaid will provide an air dive system and a
Danske Bank dials down LNG carrier rate forecasts in volatile market Danske Bank has dropped its LNG carrier rate forecasts given a slower than projected upturn in the market this year. Analyst Anders Karlsen is sticking to his view of an upturn in the second half of 2019 but his revisions impact both that period and the next two full years. "There may be upside potential, but with uncertain outlook for the global economy, LNG demand may also be negatively affect
Letter to the editor: No divide between maritime lawyers and arbitrators over US arbitration I refer to the article, "Maritime lawyers and arbitrators divided over a matter of degree" posted on 29 July 2019, and thank you and Mr Juliano for your interest in dispute resolution services in New York and the US. Maritime lawyers and arbitrators divided over a matter of degree With respect to representing parties in an arbitration, there is no divide between "maritime lawyers and arbitrators
Torm linked to fifth ship sale of 2019 to extend renewal effort Danish tanker owner Torm is being linked with the sale of a second veteran vessel in quick succession. Torm tipped to sell veteran tanker in latest fleet renewal step Danish shipowner Torm doubles scrubber investment to span half of its tanker fleet If confirmed, it would continue a flow of older vessels out of the Torm fleet as it takes in a vast newbuilding orderbook. Brokers said the 36,900
Seven leave Ince to join new HFW office in Monaco The exodus from Ince's Monaco office comes at a time when the firm's international network is changing.
Tankers International rewriting the rule book ahead of IMO 2020 Tankers International, the world's largest VLCC pool, is putting the finishing touches to a fresh set of rules to accommodate a polarized approach from key members to new IMO 2020 emissions rules. Euronav takes out $100m loan ahead of IMO 2020 International Seaways has the cash, looking to spend Euronav, the largest contributor to the pool, has until now opted against fitting scrubbers on any o
DOF Subsea fixes anchor handler for UK decommissioning work An anchor handling vessel owned by Dof Subsea has been fixed to help with decommissioning work on the UK continental shelf. The 4,982-dwt Skandi Skansen (built 2011) will be employed by an unnamed "major operator" in decommissioning subsea infrastructure from the third quarter this year. Dof Subsea seeks to align bond and loan covenants "This is the second award with the same operator in as m
VLCC spot rates climb to highest level since first quarter Confidence is growing in the VLCC market with spot rates climbing to the highest level since the first quarter this year. The spike has yet to translate into other tanker sectors but analysts believe it is a question of when rather than if they follow suit. Shell zeros in on owners for world's first LNG-fuelled VLCC Euronav takes heart from six-year low in VLCC orders amid second quarter loss
CMB ramps up investment in hydrogen-fuelling projects Belgian shipowner unveils raft of projects in quest for zero-emissions
LNG as a fuel not a 'dead-end' option despite slow uptake Classification society Bureau Veritas says fuel is the only established solution to future regulation
Norwegian shipbuilder Kleven struggles with Hurtigruten cruiseships Norway's Kleven shipyard is struggling with heavy losses on two exploration cruiseships for domestic Hurtigruten. The first of the two 20,900-gt ships, Roald Amundsen, was delivered from the yard this summer, one year late, due to technical problems. Kleven has not delivered its accounts before 2018 by 31 July, but according to the Norwegian daily, Dagens Naeringsliv, the accumulated losses fo
Markets yearn for confidence in the face of Trump's tweets Donald Trump's latest salvo in his trade war with China undermined the confidence given by last week's US interest rate cut
Singapore students collect $1.6m in maritime scholarships MaritimeONE and TMSS talent development initiatives see 15% increase in funds paid out.
FreightWaves oil report: just about everything points to lower prices Prices may have turned higher Friday but there isnt a lot of things going on that point that way in the market.
DOWN UNDER TRUCKING: police criticize two truckers killed in double head-on crash In Australia this last week: police criticized two truckers who died in very adverse visibility conditions; a serial trucking offender was hit with a big...
Freight volumes steady as turbulence hits the stock market Freight markets were steady this week as tariffs fuel volatility in stocks and bonds.
When OFAC wants information, exporters better deliver The U.S. Treasury Department's Office of Foreign Assets Control has started making examples of companies that did not take its administrative subpoenas for information involving...
CSX and Canadian National to form new intermodal service CSX and Canadian National's partnership to create new intermodal service between Montreal and Toronto and the greater New York City area is a strategy to...
YRC counsels patience after poor second-quarter results while investors count their burnt fingers If YRC Worldwide, Inc.'s (NASDAQ:YRCW) second-quarter results could talk, they would tell investors and shippers to give them the benefit of the doubt. But after...
Six challenges and changes taking place in last-mile delivery in 2019 Last-mile delivery is critically important to both consumers and the companies that sell to them. Read about six challenges and changes in last-mile delivery.
Hong Kong protests could lead to tighter air cargo rates The Chinese government forced Cathay Pacific to sideline some of its staff. That could mean tighter rates for other airlines.
Agencies propose to expand acquisitions for overseas small businesses The Defense Department (DoD), General Services Administration (GSA) and National Aeronautics and Space Administration (NASA) are proposing to amend the Federal Acquisition Regulation (FAR) to...
Greenbrier to expand Arkansas tank car facility Railcar manufacturer Greenbrier will invest $16 million in an American Railcar Industries facility that produces tank cars.
Today's pickup: Trucks merit no mention in analysis of road congestion pricing; YRC drivers lose satellite radio Trucks are omitted from a study analyzing congestion pricing options; YRC scraps satellite radio in cabs; FedEx drops Amazon in dollars-and-sense decision
Trucking rates fall again July PPI data showed another decline in trucking rates as yearly growth will likely turn negative soon.
CBP adjusts merchandise processing fees Customs and Border Protection has adjusted the amounts for its merchandise processing fees for fiscal year 2020 to reflect changes due to inflation.
Customs brokers see role in combating counterfeit goods With their vast knowledge of imports, customs brokers see themselves playing an important role in the battle against counterfeit goods.
Commerzbank tests blockchain-based payments for machine-to-machine transactions The blockchain project is in collaboration with Daimler Trucks and seeks to secure and automate machine-to-machine payment processes.
Tomato Dumping The Commerce Department's investigation into Mexican tomato exports is set to conclude on September 19th.
U.S. Postal Service takes another billion-dollar hit Shipping and packages remained lone financial bright spot in latest quarter.
Low supplies support Istanbul 0.1%S marine gasoil price: sources Limited supplies of marine gasoil at the Turkish port of Istanbul persisted this week.
ARA fuel oil stocks down 3% to 1.172 mil mt despite low flows East Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub edged lower 3% to 1.172 million mt in the week to Wednesday.
Oil settles higher as market sees increased likelihood of Saudi intervention Oil futures settled higher for a second session Friday as the market looked to reports of an accelerated Saudi Aramco public listing.
Typhoon Lekima to impact port operations in east China Tropical typhoon Lekima has gradually begun impacting port operations in eastern China.
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