Meyer Turku again delays Costa Smeralda delivery Finland's Meyer Turku shipyard says there will be a further delay to the delivery of Costa Smeralda, Carnival subsidiary Costa Cruises' 180 000 GT, LNG fueled new flag ship. Meyer Turku says
America's Central Port infrastructure project makes progress An infrastructure project underway at one of the largest freight hubs in the Midwest, America's Central Port, Granite City, Ill., will see an estimated 1.5 additional barges loaded each day, removing 31,500
VIDEO: USS John S. McCain (DDG 56) completes repairs The USS John S. McCain (DDG 56) is underway from Yokosuka, Japan, to conduct comprehensive at sea testing after completing the repairs needed following its August its 2017 collision with the tanker
Big battery and fuel cell will power electric harbor tug Two Japanese companies - tugboat major Tokyo Kisen Co., Ltd. and e5 Lab Inc.- have jointly developed a new concept design for a harbor tug featuring electrical propulsion and powered by a
House super majority passes full utilization of HMTF Act The U.S. House of Representatives yesterday passed by a recorded vote the Full Utilization of the Harbor Maintenance Trust Fund (HMTF) Act, H.R. 2440. The vote was 296 in favor and 109
John Deere offers new engine ratings for global marine markets John Deere Power Systems is releasing new marine engine ratings to help customers worldwide to meet new market needs and meet diesel emissions regulations around the world. "As the marine market evolves
Dimitri Capaitzis, former president of Femas, dies at 88 Known to many as 'Micky', his early career coincided with the dynamic rise of Greek shipping
Will good times ever return for VLCCs after the mid-October madness? The five-day frenzy in early October was like the 'crazy days' of 2007, one shipowner said
Manufacturing shift in Asia poses a conundrum for carriers and ports Carriers are striving to chase the shifting trade flows. Their efforts may be compromised by the complexity of the supply...
Maersk joins shippers to develop greener fuel After announcing it was focusing on just three future fuels, Maersk has announced a coalition to develop ethanol-based propulsion
Fortunes vary for boxship size segments Prices in the unloved panamax sector remain below long-term trends and may offer the best short- to medium-term asset play
Maritime industry urged to collaborate to meet challenges Industry leaders urged to commit to collaboration to mitigate challenges and capture opportunities
Euronav expects IMO 2020 to be positive as geopolitics boosts bottom line The Antwerp-based tanker giant hires Lieve Logghe from ArcelorMittal to become chief financial officer
One dead after gas explosion on capesize Update: U-Ming Marine of Taiwan says it will be launching a full investigation into the incident on board the 2014-built...
Breaking the barriers to digital collaboration Increasing levels of data standardisation are making innovative collaborations available to smaller companies, but mindsets must change
Global Energy Ventures eyeing CNG exports from US Gulf Coast GEV will make use of the US' abundance of well-priced gas and extensive gas pipeline network to establish a CNG...
CMA CGM takes stake in delivery firm Deal will see CEVA partnering with French online delivery firm Wing for e-commerce deliveries
Daily Briefing Free to read: China approves merger of shipbuilding giants | Trade war still denting confidence on transpacific trade | Shipping...
SembMarine gains DNV GL certification for 3D printing use The development arose out of joint research that has been conducted since 2017 which also includes work being done on...
Sempra Energy signs agreement with Mitsui for LNG export projects The memorandum of understanding envisions the continued mutual support for the development of Cameron LNG Phase 2 as well as Mitsui's potential...
Port of Charleston gets backing for container transfer facility The Navy Base Intermodal Container Transfer Facility will connect directly with the Hugh K Leatherman Sr Terminal, now under construction and due for completion...
MPA and DNV-GL in decarbonisation and digital tie-up Singapore also launches one-stop portal for maritime transactions as Global Maritime Forum rolls into town
Euronav starts to use some of its stored low sulphur fuel supply Euronav is already drawing on some of its low sulphur fuel stockpile. Hugo de Stoop, the Belgian VLCC giant's chief executive, said it has already started to use some of the 420,000 tonnes of the compliant fuel accumulated ahead of the IMO 2020 sulphur regulations set to kick in 1 January. New CFO in at Euronav as loss cut in stronger markets The fuel is being stored aboard the 441,561-dwt ULCC
US sanctions waiver gives no relief for Cosco pool ships New developments in US sanctions against Cosco Dalian have only muddied the water for pool operators
Navig8 scoops eight Ridgebury suezmaxes from Heidmar pool Suez8 pool will double its numbers with Bob Burke octet, while Heidmar's attrition woes worsen.
Russians might keep burning high-sulphur fuel domestically The move would delay Russian enforcement of IMO 2020 regulations until 2024 and could pump more low-sulphur fuel into the market.
DFDS cancels ferry swap deal with Moby Moby cannot meet the delivery terms of the agreement, which is expected to hit DFDS' year-end results.
Nike on Arctic shipping: just don't do it Sportswear giant teams up with other shippers to back owners who pledge not to transit through the ice
Maersk, Wilhelmsen study lignin and ethanol blend for bunkers Shipowners and shippers team up to trial revolutionary new vessel fuel
Delfin plots series of FLNG vessels at Samsung US exporter says contracts signed for engineering work on new gas ships
Plunge in shipping profit helps pull down Seacor Holdings results Ocean shipping division sees 46.8% drop in segment profit, while company earnings miss expectations
TS Chartering redelivers fleet as company folds Danish operator reaches end of the line after racking up consistent losses
Clean Shipping Coalition calls on IMO to drop LNG from global warming reduction strategy Green lobby warns regulator that LNG will accelerate rather than slow greenhouse effect
Van den Abeele's Consortium surfs the dry freight surge Futures pioneer sees hedge funds expanding and plans to launch environmental non-profit organisation
'Unique' Norwegian shipowner Pal Caspersen dies at 81 Norwegian shipowner Pal Woxen Caspersen has died at the age of 81. John Hatleskog, who worked with Caspersen for 50 years, described him as a "unique partner". The two began their shipping careers with P Meyer in the early 1970s. Neither had much experience in the business, but when P Meyer was on the verge of 'collapse in 1975, Caspersen and Hatleskog reached an agreement with main creditor ABN
James Hughes-Hallett - Swire boss whose heart lay in shipping Richard Hext reflects on the life of a much-respected fellow Hong Kong industry figure
OSV owners need to force paradigm shift as market rebalances in 2020 Rates are improving for beleaguered offshore vessel owners, but discipline is still needed to reap the rewards
Costa Smeralda delivery delayed again due to 'complexity' Finnish yard says size of project means hand-over date has slipped again
Milaha profit aided by fewer impaired vessels Results were mostly positive across the group, although its offshore division remains embattled.
Christian Oldendorff maps out routes to emissions-free shipping German owner commissions study from Zurich science university to find a way for vessels to be carbon-neutral
Shipyards call for global capacity cutbacks Shipbuilders agree 'rationalisation' needed to help industry recover
Clarksons: tanker speeds increased during rate boom Analyst Trevor Crowe says vessels added 1% to rate of knots as earnings soared
Crewman dies after blast on capesize bulker Indonesian authorities say crew reported "gas explosion" on U-Ming ship
Greek newcomer Vienna linked to tanker deal with KG Gebab Secretive owner Captain George Gialozoglou rumoured to be behind yet another company
New Vision Shipping moves in on Japanese supramax bulker Greek outfit New Vision Shipping, a busy buyer and seller of ships, has made yet another move on the secondhand market with the acquisition of an eight-year-old supramax. Market sources in Athens identify the Piraeus-based company as the buyer of the 55,600-dwt Centenario Blu (built 2011). The vessel was purchased from Japanese interests for close to $14.5m, TradeWinds is told. Greeks big and sm
Samos Steamship expands tanker orderbook in Japan Greek firm books aframax at Sumitomo and talks to JMU about suezmax options
New CFO in at Euronav as loss cut in stronger markets Belgian tanker owner appoints ArcelorMittal VP as rates rise for VLCCs and suezmaxes
Bimco drawing up new sale and leaseback contracts Revised standards are a response to growing importance of such transactions for ship financing
OOCL sees transpacific volumes rise despite trade war Hong Kong liner firm carried 4.1% higher volumes across all trades in third quarter versus 2018
Tanker and MPP vessel arrested in Singapore Mortgage claim and port dues cited for unrelated arrests
Genco capes to be 'scrubber ready' ahead of IMO 2020 deadline Bulker owner says the third quarter of 2019 has marked its busiest quarter of drydockings in 2019
Mermaid adds to backlog with Middle East contract extension Singapore-listed offshore vessel operating company sees long term deal extended to ten years
Truckstop wants to be the "Iron Man" of freight with a new Jarvis-like offering Truckstop eases load-matching process with voice-recognition technology.
CAI International reports container lease revenue increase CAI International Inc. (NYSE: CAI), a leading container-leasing and logistics company, said it had modest year-over-year growth in revenue from continuing operations in the third...
DHL to invest C$100 million to quadruple capacity at largest Canadian gateway Investment will fund a new facility at DHL Express gateway at Hamilton International Airport to accommodate growing volumes.
Meritor expands its electric axle line Meritor Inc. is expanding its electric axle line with two new models and announced that it has been chosen as one of seven suppliers for...
Carrier411 strives to protect brokers from unsafe carriers Carrier411 monitors trucking companies to rate their safety and performance protecting brokers from unsafe carriers.
Daimler Trucks not sweating loss of chunks of market share Daimler Trucks North America, the industry sales leader, is not sweating the loss of big chunks of heavy- and medium-duty market share trucks through the...
Allison debuts new transmission, announces partnership with Freightliner Trucks Allison Transmission announced it is partnering with Freightliner Trucks to launch its new 3414 Regional Haul Series (RHS) transmission on Oct. 29 at the North...
Rock-It Cargo hikes stake in Triple M Entertainment Logistics Business is "Amazon-proof"
Freight recession catches up to C.H. Robinson, causing earnings miss Biesterfeld: "We expect that North American routing guides will continue to reset at lower prices."
Major automakers side with Trump on emissions rules GM, Toyota clash with rivals Ford, BMW that are siding with California.
Hyundai looking for opportunity in U.S. market The news this week that Hyundai Motor Company is planning a hydrogen-powered tractor for global markets, including the U.S., could be the beginning of a...
GATX sues Georgia Power over alleged damages to leased railcars The rail equipment lessor said corrosion damage was found in 160 railcars.
Air Canada cargo revenue plunges more than 18% Airline's Pacific and Atlantic routes hardest hit as trade wars continue to take a toll on air freight volumes and yield.
Cummins sees weaker demand for truck engines and components during third quarter Indiana-based Cummins Inc. (NYSE: CMI) reported third quarter total revenue of $5.77 billion, a decrease of 3% from the same quarter in 2018. North America...
Maersk looks at plant fiber fuel to cut shipping's carbon output World's largest shipping line teams up with major customers in test of carbon-neutral fuel.
USDA rolls out nationwide hemp regulations Rule will help law enforcement identify legally transported crops.
Drone Delivery Canada says Edmonton airport hub will be first of its kind Cargo drone provider to launch logistics network to "elevate intermodal connectivity" at Edmonton International Airport and grow revenue.
Delta becomes first U.S. airline to offer door-to-door parcel delivery Delta Air Lines [NYSE: DAL] has teamed with on-demand delivery company Roadie to launch a door-to-door, cross-country shipping service for time-critical goods such as medical...
U.S. rail headcount reaches new low The number of employees working for the U.S. operations of the Class I railroads slumps to its lowest level in years.
Commentary: ELDs change the landscape and can help drivers find loads Sandeep Kar writes about how the ELD mandates in the U.S. and Canada are changing the trucking landscape.
Freight Futures daily curve: 10/29 The Los Angeles to Dallas spot contract (VLD) weighed on the South region, dragging National Trucking Freight Futures lower on Monday.
Peterbilt will begin limited electric truck sales in late 2020 Peterbilt Motors Co. will set prices for deliveries of battery-powered, zero-emission trucks by the middle of next year with limited sales by year-end. The Paccar...
FreightWaves NOW: Volumes trend back up with big news in the Pacific Northwest On today's episode, Nick Austin brings your FreightWaves weather update, Kyle Cunningham talks about outbound tender rejections, and Donny Gilbert gives the the update for...
Commentary: Logistics as a lambda function Charley Dehoney writes about Amazon's impact on software programming, and how it is using lessons from Amazon Web Services to logistics and its other business...
Euronav sees rising constraints on supertanker capacity Floating storage, scrubbers delays and newbuilding unease should continue to squeeze crude-tanker capacity.
Today's Pickup: Oil and gas drillers pushed to the wall as banks cut price forecasts for 2020 Oil and gas price forecasts were cut by major banks for 2020; global economic slowdown has hit steel production; Volkswagen looks to commercialize autonomous vehicles...
Snow, wind, bitter cold from Rockies to Plains (forecast video) "Considerable blowing and drifting snow", white-out conditions in Rockies. Halloween snowstorm for Midwest.
Automatic load booking can save brokers hours per load When brokers see their load-matching time go from a couple hours to a few minutes, the shipper and the carrier also win.
InstaFreight solves road freight visibility issues through digitalization InstaFreight is a digital forwarding company that enables seamless logistics and provides shippers with greater visibility into road freight movement.
Drewry: Container freight rates could rise in coming months If container carriers refrain from adding too much capacity, transpacific freight rates may rise in coming months, says Drewry Shipping Consultants.
CMA CGM targets e-commerce with Wing investment CEVA Logistics, the third-party logistics subsidiary purchased by the French shipping giant in April, will cross-sell and share warehousing with Wing.
Commentary: Before CN or CSX tried PSR... Jim Blaze writes about Conrail Shared Assets and its accomplishments on behalf of CSX and Norfolk Southern.
Shopify teases out fulfillment strategy after revenue surge Canadian e-commerce company plans to scale its nascent U.S. Fulfillment Network in 2021, leveraging third-party warehouses and a robot-enabled platform from recent 6 River acquisition.
Fleet Advantage: Data supports shorter trailer trade cycles for trailers Fleet Advantage says that data supports shorter trade cycles for trailers, allowing fleets to benefit from newer technology.
Ryder grows revenue but records loss on lower used truck prices Ryder expects used truck prices to continue deteriorating in 2020.
Daimler Trucks Financial will offer telematics-tracked pay-as-you-drive leases A telematics-based pay-as-you-drive program from Daimler Trucks Financial could help trucking firms on the financial brink because of high lease payments and insurance premiums.
Hino rebrands its commercial vehicle lineup, adds new features, configurations Hino's XL Series of trucks will receive new cab configurations for 2021. The brand has renamed several of its trucks and added a host of...
Ben Gordon: Amazon earnings miss highlights competition in last mile Tech-enabled last mile is still in early innings, and there are a number of competing strategies.
Hyundai Translead set to begin testing liquid nitrogen-cooled refrigerated trailer While Hyundai's HDC-6 Neptune hydrogen truck concept garnered most of the attention on Monday at the North American Commercial Vehicle Show in Atlanta, it was...
US House panel considers transparency rules for EPA's small refinery waivers A US House of Representatives panel Tuesday considered requiring the Environmental Protection Agency to disclose details of small refineries' requests for exemption from the federal biofuel mandate.
Crude upside capped by global demand concerns Crude futures settled mixed Tuesday, with the upside capped by continued global demand concerns and expectations of a US crude stock build.
Interest for 0.5%S bunkers rises at NWE ports in October as IMO 2020 nears: sources Buying interest for 0.5%S marine bunker fuel in Northwest Europe has grown in Octobe
Russia suggests to delay IMO 2020 rules in Eurasian Economic Union waters until 2024 Russia proposes to hold off a tougher international sulfur cap on marine fuel emissions until 2024 for river vessels in the Eurasian Economic Union
Crude oil futures lower on demand weakness Crude oil futures declined in the US morning trading as the market expected an inventory build later in the day and other signs of oversupply also weighed on prices.
Finding IMO 2020 fuel at smaller ports, training challenges: shipping executives Difficulties in securing IMO 2020-compliant bunker fuel at smaller ports and developing crews' expertise in handling the new fuels will confront the shipping sector from January 2020
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