All American Marine books tour boat order Seward, Alaska, based Major Marine Tours has awarded Bellingham, Wash., shipbuilder All American Marine, Inc. (AAM) a contract to build two sister vessels. The 87 foot by 32 foot Teknicraft-design aluminum catamarans,
PSV in pioneering condition-based class project ABS and Dubai-headquartered P&O Maritime Logistics (POML) have agreed to a condition-based class (CBC) pilot project using the platform supply vessel (PSV), DMS Courageous. The vessel will become the first to utilize
American Commercial Lines set to file for Chapter 11 Jeffersonville, Ind., headquartered American Commercial Lines Inc., one of America's largest barge transportation companies, reports that it has entered into a restructuring support agreement (RSA) with a substantial majority of its term
Towboat grounding closes Gulf Intracoastal Waterway The Coast Guard was yesterday responding to a report of a towing vessel that ran aground on the Gulf Intracoastal Waterway at mile marker 99, near Berwick, La. Watchstanders at Vessel Traffic
HII to acquire Kongsberg's Hydroid UUV subsidiary Kongsberg Maritime AS has signed an agreement to sell its underwater technology company Hydroid, Inc. for $350 million to shipbuilder Huntington Ingalls Industries (NYSE: HII). The agreement provides that, as of closing,
OMSA expands Board of Directors The Offshore Marine Service Association (OMSA), today announced the nominated slate of its Board of Directors for 2020 - 2021. The slate is led by incoming Chairman, Minor "Tony" Cheramie, III and
Shipping faces mandatory 40% emissions cut from the EU Regulatory changes planned by the European Union would force almost 12,000 ships to improve carbon intensity by at least 40%...
VLCCs lead tanker earnings freefall as coronavirus cuts crude demand growth VLCCs are leading falls, but smaller tanker sizes see comparable earnings drops on routes unconnected with Asia
Iran calls for review of tanker safety after Sanchi report The fire and thick smoke that engulfed the tanker within minutes would have made it impossible for any crew member...
Baltic Exchange starts daily container freight indices Indices give a daily price for 40 ft containers on a dozen key routes based on data from 1,200 global...
Will coronavirus infect the global economy? China's rise in importance in the global economy means that the impact from coronavirus could be felt worldwide
Owners warned not to use virus to avoid China port calls Time charters require charterers to nominate a safe port for the vessel, but that typically covers the physical characteristics of...
Hapag-Lloyd pledges better services and transparent invoicing Faster booking responses, timely and correct bills of lading and accurate invoices are top the list of improvements to customer...
Coronavirus: US exporters call for extension to free time AgTC asks lines to extend concessions until the supply chain returns to normal
Coronavirus: Crew-change headache on horizon as ports tighten controls Vessels on tight schedules, such as container liners, have warned of possible delays to schedules if crew members get infected...
Last Word: Robotic shipping Armada aims to have a fleet of 15 unmanned surface vessels for offshore data acquisition and intervention operations
Coronavirus: Shippers could face price rises High tech, consumer goods and semi-finished products most likely to be affected by factory closures
Daily Briefing Free to read: Cosco VLCCs head to Singapore and Fujairah after sanctions lifting | Secondhand tanker values stall on coronavirus-led...
Coronavirus: Liner carriers waive container use charges In addition to the waiver on box fees, Maersk has announced more blank sailings in anticipation of further decline in...
Indian shipping firms given relief as government removes VLSFO import tax The tax cut is expected to mainly help Indian shipping companies cope with IMO 2020 compliance
MOL appoints new head of chemical tanker unit Top management change has been timed to follow MOL Chemical tankers making its first forays into tank terminal business
Wariness pervades the Middle East as nations weigh support for US policies 'We haven't joined maximum pressure, it's well known, but we have joined the IMSC in terms of the Strait of Hormuz,'...
Golden Ray wreck may be removed before hurricane season The hurricane season typically extends from June 1 to November 30 in the region around the wrecked ship
Federal judge orders owners of 'chameleon carriers' to forfeit $1.3 million A federal judge recently ordered Zach and Garrett Barber to forfeit more than $1.3 million in funds they derived in an elaborate 11-year "chameleon carrier"...
Canadian fuel haulers' losses mount in ugly dispute between union, refinery Dedicated carriers serving the Co-op Refinery in Saskatchewan struck in the middle as a labor dispute cuts off their livelihood.
BREAKING: United Airlines pulls plug on Hong Kong service Airlines continue to react to the spread of the coronavirus by cutting more flights.
Etihad Airways selling aircraft in $1 billion deal Abu Dahbi-based combination airline Etihad is selling its Airbus A330s and Boeing 777s but plans to lease back the Boeing widebodies.
Manhattan Associates sees revenue record in 2019, expects repeat in 2020 Manhattan Associates says demand for cloud-based supply chain services remains robust and led to a record peak season.
YRC's fourth quarter EPS less bad than forecast; rest of picture looks dark YRC posts weak fourth-quarter, hampered by bad economy
Under-21 driver proposals get pushback at U.S. Senate hearing Opposition from safety advocates could mean rough road to inclusion in highway bill.
Asia-Europe container rates fall amid coronavirus threat Big one-day drop comes on heels of more restrictions for vessel calls, and concerns about slower demand.
Coronavirus uncertainty trumps opportunity for air cargo carriers The coronavirus could present a silver lining for freighter operators, but any boost in business may be weeks or months away, depending on how long...
New platform meets shipping industries' first track-and-trace standards INTTRA by E2open on Tuesday announced a new technology platform, compliant with the new Digital Container Shipping Association (DCSA) Interface Standard for Track and Trace...
Cummins reports weak Q4 results amid uncertainty over coronavirus Engine maker Cummins already was predicting a difficult 2020 before the outbreak of the coronavirus in Wuhan, China, where Cummins' manufacturing operations are shuttered.
Digitization promises to level the supply chain playing field Supply chain digitization is helping drive trust and security while lowering obstacles to moving goods.
Freight Futures daily curve: 2/4 February National Freight Futures open the month higher on Monday, driven by strength in South and West regions.
BNSF lowers capital expenditures budget slightly for 2020 The railroad is reducing its capital expenditures budget for this year, but it will allocate more funding toward replacing and upgrading network infrastructure.
Commentary: Panama Canal story shows success can follow epic failure What 'The Path Between the Seas' teaches us about leadership and the need for a backup plan
US countervailing duty assessments to consider currency subsidies "The Trump administration is taking action to level the playing field for American businesses and workers," Commerce Secretary Wilbur Ross said.
Winter storms increasing volatility in western markets (with forecast video) Reefer rejections increasing in Salt Lake City market.
Online Haul of Fame: Preston 151 Known on northeastern highways for its iconic orange and white trucks, Preston 151 was founded in 1932 in the Chesapeake Bay area of the United...
Trump praises Texas steel mill project during USMCA signing ceremony President Donald Trump singled out a new steel mill project in Texas during the signing of the United States-Mexico-Canada Agreement (USMCA) trade pact last Wednesday....
Freightos gets Baltic Exchange nod for container rate indices Eight-year-old company working with storied shipping group to make indices available for financial products
For whom the Connecticut truckload tolls + oil falls, coronavirus spreads - WTT?!? The tolls in Connecticut may have a special place for the semis that drive their roads.
Artificial intelligence is critical in today's workflow solutions Having the data and not reacting is worse than not having the data at all, according to EBE Technologies CEO.
Impinj introduces future-proofed RAIN RFID reader for logistics operations The new Impinj R700 reader is designed for enterprise-grade RAIN RFID deployment, processing tags faster and with greater accuracy.
Seattle startup launches partial truckload service FreightWeb scores $3 million in seed funding; patent pending on new pallet technology
American Commercial Lines announces restructuring deal Change in equity control looming.
Today's Pickup: Spartan Motors to focus on commercial, last-mile delivery business Spartan Motors has sold its emergency vehicle manufacturing division so it can focus on growth opportunities in commercial and last-mile vehicle development. Plus, Connecticut plans...
Eaton reports lower Q4 sales and earnings Power management company Eaton Corp. missed analyst estimates in the fourth quarter, partially because of weakness in the automotive sector and a $50 million warranty...
Fuel-saving TruckWings will be option on Agility Fuel conversions (with video) Startup XStream Trucking is in early talks with two major truck manufacturers about its aerodynamic drag-reducing TruckWings, but its first distribution deal makes them optional...
Emerge scores $20M to expand digital freight marketplace Emerge, a Scottsdale, Arizona-based digital freight marketplace, announced Tuesday it has closed a $20 million Series A financing led by NewRoad Capital Partners, a growth...
Mack Trucks boss cheers electrification infrastructure proposal Despite the first labor strike in 35 years and volatile orders for new trucks, Martin Weissburg says his current role as president of Mack Trucks...
FUTURES 4: Crude extends decline amid lack of OPEC+ consensus Crude futures settled lower Tuesday after OPEC and its allies ended the first half of a two-day technical committee meeting with no pronouncements on new production cuts.
Coronavirus quarantine leaves global shipping market reeling The coronavirus outbreak in China has forced several countries to resort to stringent quarantine checks in their battle to contain the spread and the measures are starting to have a knock-on effect on the global commodities shipping market.
Low sulfur bunker prices slip back below gasoil in Asia on coronavirus fears Prices of IMO-compliant 0.5% sulfur bunker fuels slipped back to a discount below ultra low sulfur gasoil in Asia, on concerns over the impact of the coronavirus on regional bunker demand, amid a firming gasoil market.
Northwest European 0.5% marine fuel slumps to 5-month low Pricing for 0.5% sulfur marine fuel in Northwest Europe has fallen sharply in the first month of the new IMO 2020 sulfur limit, offsetting huge price gains in December and hitting its lowest level in five months.
West Med VLSFO bunkers fall to 5-month lows on sinking oil complex Delivered bunker assessments for 0.5% sulfur fuel oil at Gibraltar and Malta hit their lowest points in five months Monday, on the back of falling international prices.
Cargo shortages hampers VLSFO availability at Piraeus: sources Supply of 0.5% sulfur fuel oil is tight at the port of Piraeus in Greece as the market waits for fresh arrivals of cargoes, with local production insufficient to meet demand, according to market sources.
Hapag-Lloyd refuels ship with 'used cooking oil' biofuel as it targets CO2 emission cuts B20 fuel comprises 80% LSFO and 20% of biodiesel derived from cooking oils and fats used previously in the food service/ catering industries.
January fuel oil barge volumes rise on month in Platts MOC trade Some 38,000 mt of the newly compliant 0.5% marine fuel traded in the MOC during January.
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