VIDEO: Robert Allan and MTU develop LNG fueled shallow draft push boat LNG is increasingly becoming a maritime industry "fuel of choice," for the maritime industry, not only for its potential in reducing environmentally harmful emissions, but also for its reduced cost when compared
ABB Turbo signs 55 vessel contract for digital solution for shipping fleets ABB Turbocharging has secured its first contract for ABB Ability Tekomar XPERT for a fleet. It covers 55 vessels managed by Hamburg based ship manager CPO Containerschiffreederei (CCPO) CCPO offers high quality
MAN and Samsung ink strategic digitalization agreement MAN Energy Solutions and Samsung Heavy Industries Co., Ltd. have signed a strategic cooperation agreement for the digitalization of marine engines. Together they want to define a framework for a long term
Huntington Ingalls makes shipyard leadership changes Huntington Ingalls Industries (NYSE:HII) has made leadership changes at its Ingalls Shipbuilding and Newport News Shipbuilding divisions. Premo Sabbatini has been promoted to vice president of central planning and process excellence at
Signet Maritime closes $140 million secured term loan Houston, Texas, headquartered tugboat operator Signet Maritime Corporation reports that it has that it closed a $140 million senior secured term loan facility with Riverstone Credit Partners, L.P., a dedicated energy and
International co-operation needed to tackle Gulf of Guinea piracy Call comes after the abduction of 17 seafarers in the Gulf of Guinea
Global Ports Holding submits bid for Puerto Rico port Port operator hit by declining volumes of cement and marble in the first half of the year
Focus shifts to release of Stena Impero after Iranian tanker freed 'Now the US has issued an arrest warrant for the Grace 1, we don't know if this will screw things...
Freight sector alarmed by Brexit planning report Freight Transport Association deputy chief executive James Hookham says he is concerned that none of the planned scenarios leaked in...
Yard Talk | Life is unpredictable Chairman Ren Yuanlin's possible return to the helm is hugely important for Yangzijiang, which is pinning its hopes on a...
SOHAR leads Oman's diversification Multiple developments are planned, including the leasing out of the large Terminal 2D
Indonesia backtracks on HSFO waiver for domestic vessels Indonesia's national oil company Pertamina will now produce 380,000 kilolitres of 0.5% sulphur fuel oil and set up bunkering points...
Dry bulk market to enter a new era of sustainability says BHP BHP estimates IMO 2020 to add between $1-$2 a tonne to Western Australia-China freight and $3-$4per tonne to Brazil-China
LNG market poised for a positive end to 2019 Flex LNG expects market to be tight going into 2020, propping up shipping demand
US trader Freepoint Commodities to start Singapore LSFO supply by fourth quarter Freepoint Commodities has also tied up with Pertamina to upgrade its TBMM fuel terminal across the Singapore Strait into a...
Daily Briefing Iran warns US not to seize freed tanker headed towards Greece | Economou clinches DryShips deal | Cosmoship and MC-Schiffahrt...
Keppel sizes up fire damage on LNG tanker The first of two 7,500 cu m LNG bunkering capable tankers ordered from Keppel Singmarine was launched at Keppel Nantong...
Check out Britain's intellectual capital at London shipping week LISW comes seven weeks before the UK leaves the European Union. How will that affect the country's maritime sector? Where...
Natural gas deliveries to US LNG plants hit monthly high Freeport LNG has jumped ahead of Elba LNG and will ship first cargoes later this month
Chinese crude imports up 8.8% in the first half of 2019 Saudi Arabia became China's largest crude oil supplier in the first half of 2019, with 37.8m tonnes, followed by Russia
Maritime cities must learn the advantages of cluster thinking Hong Kong is in the throes of political turmoil, however most maritime hubs have concerns. One way to mitigate disruption...
DSV completes acquisition of Panalpina DSV expects the process to take two to three years, with most of the operational integration being completed within two...
Nathalin returns to Chinese yard and saves VLCC from breakers Thai owner places first order since December 2017, while left-for-dead VLCC also turns up in fleet
Cash-rich Zhoushan Changhong shipyard buys bankrupt Ouhua A well-funded yard has taken over a former rival with government encouragement
2020 Bulkers upgraded to buy on new Newcastlemaxes BTIG analyst Gregory Lewis says the ships should be valued at at least $60m each
Philippines, Russia work to make contact with kidnapped crew The Russian and Filipino governments have reached out to determine the condition of the 17 seafarers kidnapped off two ships in Cameroonian waters last week. According to local media reports, officials from both countries are in contact with authorities in Cameroon. The Manila Times reports that the Philippines departments of labor and employment and foreign affairs were coordinating with both a
McAllister Towing adds new tug to Charleston service McAllister Towing has brought on a new tugboat to handle big boxships coming in and out of US port of Charleston, North Carolina. The 6,770-bhp Capt. Jim McAllister (built 2019) is the New York-based owner's fourth tug in a series of four 80 metric-tonne bollard pull tugboats and 33rd tractor in its 57-strong fleet. The tug is powered by 3516E Tier IV Caterpillar engines with twin Schottel SRP40
Pathy likes his assets heavy as Fednav rivals travel light Fleet swells to 125, with 64 owned ships, and Japanese long-term charters
Clarksons turns bearish as global downturn threatens recovery The shipbroker still believes in an upturn in 2020, but a recession could reverse forecasts
Wallem-managed bulker saves fishing crew adrift in Pacific Joint rescue effort also involved US naval base in Guam, Japanese Coast Guard and Japanese trawler
Wilhelmsen's Treasure launches share buyback Treasure ASA, a holding company for Wallenius Wilhelmsen's interest in South Korean car carrier owner Hyundai Glovis, is giving stakeholders an opportunity to sell hundreds of thousands of shares. The Wilhelmsen subsidiary has launched an offer to buy back 1.5 million units pursuant to its board of directors' 13 March approval to acquire 10% of outstanding shares until its 2020 annual general mee
Adrian Darya 1 shuts off AIS as US warns ports "Weakness is never the answer," top US official says on Gibraltar releasing tanker
Ship Finance International seals scrubber deal for seven boxships Diversified shipowner has come to an agreement on scrubbers with a customer highly likely to be Maersk
Flex LNG targets longer-term contracts as newbuildings deliver Chief executive Oystein Kalleklev says in-house ship management will be in place by the fourth quarter
Jumbo launches biofuel project with GoodFuels Partnership aims to develop sustainable fuel for offshore fuel market
Dwindling US soybean exports to China might never recover Tensions between the two nations have led to a decline that is unlikely to return to pre-trade war levels, and other countries are ready to take up the slack
AIDA Cruises to use battery power on its ships The Carnival Corp-owned brand has signed an agreement with Corvus Energy to install lithium-ion batteries on its fleet of 13 ships
Bergen Box to sell containership trio to parent after annual loss Loss-making containership owner Bergen Box Carriers is selling its three ships to its main shareholder, the Nistad group. The 868-teu Andrea and Angela (both built 2005) and the 601-teu Green Fast (built 1996) are being sold for €14m ($15.5m) en bloc, according to the Norwegian financial daily Finansavisen, At the end of last year, the three ships had a book value of NOK 68.6m ($7.63m). The sal
Indonesia will comply with IMO 2020 rules after all In a seemly U-turn of its earlier stance, Indonesia's transport ministry says all ships will need to meet the IMO's sulphur cap
Blue Fin Tankers targets Valero for damages over tainted fuel Legal woes mount for San Antonio-based refiner amid allegations that more than 150 vessels received bad bunkers
Ulrichs takes over from Andersen at multipurpose giant BBC Chartering Multipurpose veteran Svend Andersen hands the baton to former Rickmers man Ulrich Ulrichs
Sweet Chinese crude could make scrubber retrofits a money loser Beijing could slash the global bunkers price spread to $100 per tonne with the stroke of a pen
Welcome to Miami for Campbell Johnston Clark London shipping law firm expands in US with hire of Neil Bayer and team
Dof trims loss but long-term financing questions remain Group expects a better second half of 2019, but volatility both in rates and utilisation remains high
Global Ports sees losses mount, as asset sell-off nears Struggling London-listed Global Ports Holdings, which issued a profit warning earlier this month, saw losses mount in the first half of 2019 as it was hit by a plunge in cargo volumes despite growth in its cruise terminals business. The Istanbul-headquartered investment company with terminals in the Mediterranean, Caribbean and Asia was hit by a 42.2% fall in general and bulk cargo and 14.4% fall
NOCC charters out entire fleet but avoids long-term contracts Privately owned car carrier owner confident in market recovery
Star Clippers and Brodosplit fight over sail-powered cruise newbuilding Arbitration begins as operator claims unique vessel was completed far too late
Profit inches up at Viking on higher sales Baltic Sea-focused ferry operator sees more cargo, but fewer passengers in first half of 2019
Flex LNG: Large LNG fleet surpasses 500 ship mark But Fredriksen-backed owner says market has absorbed new tonnage, despite less tonne mile growth
Shandong growth helps maintain China's crude import demand New refining capacity and geopolitical risk ensure physical oil demand remains resilient
Team Tankers chief engineer assaulted off Indonesia Attack by armed robbers said to be second such incident off Tanjung Priok in a month
Global logistics software company WiseTech reports huge rise in revenues and profits WiseTech (ASX:WTC), a global provider of advanced logistics software, has reported a whopping 57 percent growth in revenues and a massive 37 percent net profit...
FMCSA sets query prices for drug-alcohol clearinghouse Employers can choose $1.25 bundling option or $24,000 annual fee.
Uber to open central office in downtown Dallas - its largest after San Francisco headquarters The ride-sharing giant joins a stream of transportation companies that have migrated to the Dallas metro areas in recent years.
Indian regulator clears Canadian pension fund stake in Delhivery Canada Pension Plan Investment Board to acquire up to 8 percent of fast-growing e-commerce fulfillment company.
Employee levels at U.S. Class I rail operations drop Headcount continues to fall at U.S. rail operations as the railroads implement precision scheduled railroading.
2020 Freightliner Cascadia evolves into technological tour de force Already the undisputed Class 8 sales leader, the 2020 Freightliner Cascadia arriving this fall is a technological tour de force that allows the truck to...
Milan to appeal $31 million reversal in Navistar decision Company representative confident award will be reinstated in state supreme court.
Small carriers say they will push device compliance into fourth quarter Small carriers that do not have the change their hardware in order to make the switch to ELDs need the shortest lead time.
XPO unit, California workers propose $5.5 million settlement to end classification fight XPO unit, class of drivers and helpers reach $5.5 million settlement to end three-year legal fight over job classification
Is Uber's "forward looking" too hazy for investors? Since Uber went public in May 2019, journalists and analysts have sharpened their skepticism regarding the viability of the company's sweeping ambition and future-reliant success....
Commentary: Freight railroads must improve digital functionality Jim Blaze writes about FreightWaves SONAR and how it could be a helpful tool for the freight railroads.
Court rejects rail shippers class formation request; senators press for rail reform A federal appeals court denies a request by rail shippers to form a class lawsuit, and U.S. Senators press the Surface Transportation Board to take...
Starship Technologies closes $40 million Series A Funding will be used to expand on-campus robotic food delivery.
Railcar backlogs turning upward as sand, grain shipments slow Grain may return with trade growth, but frac sand in structural change.
Prologis with a rare find in tight Los Angeles market The nation's largest logistics warehouse owner, operator and developer bolsters its Los Angeles portfolio with an increasingly difficult find.
Customs brokers will get to know importers better The National Customs Brokers and Forwarders Association of America welcomed a recently proposed rule from U.S. Customs and Border Protection that requires customs brokers to...
Severe storms, intense heat ongoing in Plains, West (forecast video) Dangerous heat across several states, feeling like 110° or hotter.
Law firm BakerHostetler develops blockchain-based smart legal contracts for the freight market These smart legal contracts allow participants to track post-signature performance of the agreement by integrating it with the existing enterprise systems.
Trucking leaders and customs brokers wonder what's next with the USMCA? The United States-Mexico-Canada Agreement (USMCA) was the hot topic at the most recent meeting of the Laredo Motor Carriers Association (LMCA). Trucking industry leaders, customs...
California bill on independent contractors likely to pass without any carve-out for truckers If theres going to be an exception for trucking, its going to be next year or through the courts.
Today's Pickup: Atlas Van Lines offers streamlined moving service A new app aims to streamline household moves, plus China shipping empty containers to Europe and air cargo volumes drop again.
Road safety startup Zendrive raises $37 million The funding coincides with the launch of an artificial intelligence solution that detects stop sign violations.
Heniff, Superior Bulk Logistics and Freymiller hit the auction block PE firms pay up to eight times EBITDA for chemical haulers.
From A to Z: How animals get to aquariums and zoos, and everywhere in between Zoos and aquariums rely on the expertise of logistics professionals to safely and humanely relocate live animals
Huge rise in revenues but a massive slump in profits for LBC Express Logistics provider LBC Express (PSE: LBC) of Manila, the Philippines, has reported a massive rise in revenues in the second quarter of 2019 but a...
Oil edges higher as market eyes tighter supply, weaker dollar Oil futures traded higher Tuesday amid a weaker US dollar and a tightening global supply picture.
ANALYSIS: China's naphtha imports thirst set to increase in Q4 ZPC set to start its naphtha cracker by the end of 2019 and diverts supplies for its own consumption.
Firm Western freight rates pull LPG vessels to US to avoid weak Asian rates The East is seeing more vessels being relet as congestion at Indian ports over March to July, following the pre-election stockpiling, is being cleared, traders said.
First US crude offer in Asia MOC creates stir amid shut arbitrage The offer remained standing at a premium of $4.55/b to first-line October Dubai at the end of the MOC process, with no buying interest seen.
Iran warns US against seizing its tanker as tensions flare in Persian Gulf The government of Gibraltar on Sunday rejected a US request to seize the tanker, which was carrying 2.1 million barrels of light crude.
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