Responders remove rudder and propeller from Golden Ray The Unified Command (USCG, Georgia Department of Natural Resources, Gallagher Marine Systems) working to remove the capsized car carrier Golden Ray from St. Simons Sound, Georgia, successfully completed the removal of the
VIDEO: Stena Estrid arrives in Holyhead Stena Estrid, the first of a new generation of Stena Lina E-flexer RoPax vessels has arrived in Holyhead, Wales, following its delivery voyage from the China Merchants Jinling Shipbuilding Weihai Shipyard in
Congress members object to CBP Jones Act move U.S. Customs and Border Protection (CBP) is going ahead with changes in its interpretations of the Jones Act that it first proposed October 23. causing considerable concern in some areas of the
Banks take control of Bourbon assets The assets of French offshore services giant Bourbon, which filed for court protection in back in July disclosing liabilities of over $1 billion, have been sold to a group of leading banks.
Arnout Damen takes CEO role at Damen Shipyards Group Arnout Damen, oldest son of Damen Shipyards Group Chairman Kommer Damen, will become CEO of the shipbuilding group on January 1, 2020. At the same time, the group will switch to a
Ship scrapping plunges to 11-year low The prices being offered to shipowners for scrap has been consistently low throughout 2019. This has coincided with the build-up...
LR chief backs moves to shipping's green transition In an interview with Lloyd's List, Lloyd's Register chief executive Alastair Marsh has shared his vision about shipping's decarbonisation path and...
Invesco buys 5% stake in Clarksons US-based investment firm Invesco has acquired a 5% stake in shipping broker Clarksons. Could this be a sign that investor...
Greece seeking up to six LNG bunkering vessels Athens government puts out tender for shipyards to take on two firm orders and two more pairs of two options
Shell LNG carriers to retrofit hull air lubrication technology The shipping unit of the oil and gas giant has signed a deal with a company that specialises in air...
International Group freezes pool pricing Development comes as welcome news for owners facing high single-digit percentage increases for P&I and hull cover
Thai utility to cancel long-term LNG imports from Malaysia Petronas won a long-term supply contract that was tendered out earlier this year. This deal is now expected to be...
Global trade outlook: The macro view The macro trends driving our data forecast point to geo-political and environmental challenges in the short term, but more energy...
The Finance Outlook While ship finance has fallen out of favour among many traditional lenders, the pain is not equally spread and the...
Daily Briefing Free to read: Shipping heads hesitantly into a year of uncertainty | IMO chief pledges to reverse casualty reporting deficit...
Piracy alert in Singapore Strait after spate of attacks The latest piracy attacks bring the total number of such incidents in the Singapore Strait to 29 this year
Lucio Tan-led group plans Philippines FSRU-based LNG import project The project would also include putting up power plants with a combined capacity of about 1,000MW
Navios tanker crew freed off Nigeria The crew is undergoing medical tests and debriefing, following which they will return to their families
Ørsted to sell LNG business to Glencore at a loss Glencore will take over Ørsted's right to regasification capacity at Rotterdam and the latter's five LNG purchase agreements
As Maersk maps out a clear strategy, MSC's future is less clear The recent departure of Maersk's chief operating officer to Mediterranean Shipping Co could mark the start of a radical shake-up...
Ren Yuanlin returns to Yangzijiang's helm Yangzijiang chairman has been freed. He has been assisting the authorities in relation to a months-long government investigation
Hornbeck to appeal New York Stock Exchange delisting Company's shares have fallen 37% since Friday's trading suspension
Top Ships takes out $60m loan for two MR newbuildings New York-listed tanker owner strikes deal to back purchase of nwebuildings from Evangelos Pistiolis
Eimskip sells 24-year old containership veterans Deal takes tally to five ships sold by Icelandic carrier in as many weeks
Ten shipping deals that made headlines in 2019 A massive LNG carrier newbuilding programme, a changing of the guard in German ship finance, the dash or LNG fuel and Trafigura's fleet-for-shares plays were among the key shipping transactions in 2019.
CMA CGM forges $968m deal to sell raft of terminals Transaction will reduce French liner operator's debt load
Lloyd's Register issues alert over Singapore low sulphur fuels Testing company says some bunkers may have excessive sediment
French bank consortium takes over Bourbon assets OSV giant to be restructured by a joint venture of France's biggest lenders
Motia closes deal for $144m debt restructuring Deal marks end of 18-month saga amid talk of a comeback by the Zacchello family
Idemitsu and Showa Shell formally merge tanker fleets Japanese oil companies involved in first tanker merger of the new decade
Dr Peters fleet wind-down continues with new sale to NGM Energy Panamax crude tanker is the fifth oil carrier changing hands between the two companies since late 2018
Invesco buys 5% stake in shipbroker Clarksons US investment firm takes a stake in broker as it eyes UK stocks
Fund manager DeA Capital snaps up tankers from Italian market A new shipping vehicle established with ex-Fratelli d'Amico executives already has four tankers to its name
MOL taps green finance for LNGBV newbuilding BNP Paribas and CEMIX provide Japanese owner with its first-ever green loan
Velos Tankers linked to second S&P deal with MOL Purchase of LR1 tanker would bring Paschalis Diamantides venture's total spending bill to about $75m
The most shocking shipping moments of 2019 This year has had its fair share of moments in which we asked ourselves: "What the Fredriksen is going on?" Here, TradeWinds runs down some of the most surprising stories we've published in 2019 (in no particular order).
Dramatic rescue as storm pounds Nuova Naviservice ship onto Sardinia coast Italian Coast Guard rescues all crew from grounded Nuova Naviservice general cargoship
Gangs of knife-wielding pirates attack several ships in Singapore Strait Thieves attack three bulkers and two tankers in robbery spree
Tanker owner, operator and chief engineer guilty in pollution case The Department of Justice says a jury has found tanker owner Evridiki Navigation guilty of violating a pollution law, but an appeal is planned.
Logistics firm bypasses big China airports with Hanoi-bound trucks Austrian freight forwarder cargo-partner says Hanoi Airport is a truck alternative from South China even though the region has massive air cargo capacity.
FAA likely to certify Pemco's 737-700 conversion program soon Pemco wants to convert newer aircraft.
S.H.E. TRUCKING empowers females of freight Online community provides opportunities for women seeking success in trucking.
Simple ways to protect your company from cyberattacks It doesn't take much to compromise your business. It's as easy as opening an email.
Freight Futures daily curve: 12/23 A mostly higher trading session on Friday caps off a strong week for Trucking Freight Futures.
Today's pickup: Car hauling's challenging times; Amazon's foray into freestanding logistics Car-haulers face challenging times. Kalanick sells out-literally. Will Amazon's free standing logistics model spring forth?
Tactile Mobility partners with HERE Technologies to expand tactile data's commercial reach Tactile Mobility will provide access to over 10 terabytes of tactile data across more than 10 million km of public roads globally on the HERE...
White Christmas ahead for parts of western US (with forecast video) A foot or more of snowfall through Christmas in some western U. S. mountains.
China marks Jan. 1 with tariff reduction on 850 products The Chinese government said the tariff reductions will help expand imports of key consumer products.
Rivian closes $1.3B funding round An early Christmas gift for the electric truck maker marks the company's fourth investment announcement this year.
Malware hits Truckstop.com sites, services shut days before Christmas (with video) One of the leading load boards shuttered since Friday forcing customers to find workarounds.
Boeing ousts CEO Muilenburg as 737 MAX crisis worsens Boeing is in crisis management mode over the 737 MAX grounding and it cost CEO Dennis Muilenburg his job on Monday.
Ten things to know before investing in a TMS Investing in a TMS requires a critical look at what you want to accomplish, an understanding of what it can do and how to choose...
Spanish shipbuilder Navantia digitalizes supply chain with SAP Ariba The digitalization of Navantia's purchasing and procurement segments have led to a 52% increase in purchasing efficiency and reduced its supply cycle time by 25%.
Experts predict more short line railroad mergers and acquisitions Private equity firms are likely to continue M&As in freight rail industry next year and beyond, observers say.
Delivered low sulfur bunker fuel price hits record high at Hong Kong Delivered low sulfur bunker fuel at Hong Kong soared to new high of $650/mt Friday at Asia close, on tight cargo supply and robust demand for IMO-compliant fuels, S&P Global Platts data showed.
Singapore 380 CST HSFO cash differential rises to 7-week high on limited suppliers Singapore 380 CST high sulfur fuel oil cash differential rose to a seven-week high of $11.19/mt Friday as limited sellers could supply the grade, S&P Global Platts data showed.
Rotterdam VLSFO bunkers hit 3-month high as 2020 looms Very low sulfur fuel oil at Rotterdam, the Netherlands, reached its highest point in over three months Friday, as demand for the new marine fuel took up most of bunker demand at the port with the new IMO 2020 sulfur cap imminent.
Istanbul marine operations interrupted by bad weather Rough weather is disrupting bunkering and shipping operations at Istanbul, Turkey, sources said Monday.
Fujairah low sulfur bunker price hits new record high as IMO 2020 looms The price of low sulfur bunker fuel at the Middle Eastern bunkering hub of Fujairah has soared to a brand new high, as demand for IMO-compliant fuel rose significantly in December, with less than a few weeks to go before the new sulfur limit mandate begins in January 2020.
FUTURES 4: Oil pulls back on weak US sales figures, OPEC+ uncertainty Oil moved lower in Monday morning US trading following weaker-than-expected US economic data and indications that the OPEC+ group may ease production cuts in March.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
