CMA CGM Group commits to fight illicit trafficking in protected species & tightens its shipment control procedures
New initiative to accelerate digitalisation in container shipping
THE Alliance announces Covid-19 response measures for Aug. 2020
Unifeeder contracts We4Sea for fleetwide vessel performance monitoring
Vessel calls at Khalifa Port & Jebel Ali on inaugural voyage as part of UIG service
Coal imports slump in April-June
Handicraft exports seen falling in fiscal
India extends anti-dumping duty on certain types of measuring tapes from China
US raises concern about India's BIS certification norms at WTO
INDIAN PORTS ASSOCIATION
Port of Rotterdam to start PIN-free container handling trial
DB Schenker launches logistics service for the battery industry
Call to boost domestic capacity in over a dozen of the country's largest import items
Setting up Turant Suvidha Kendra (TSK) by 15.07.2020 - Amendment of Public Notice No. 91/2018 dated 30.05.2018 relating to jurisdiction of Commissionerates in Mumbai Customs Zone-II
Crew change summit produces commitment to recognize seafarers as key workers The U.K. Government says that seafarers will get enhanced rights as key workers following a joint commitment made at an International Maritime Summit held today to address the impact of COVID-19 on
Wabtec wins order for NSMV main engines Wabtec Corporation (NYSE: WAB) has been awarded a MARAD contract worth more than $10 million to supply the 16V250MDC EPA Tier 4, IMO Tier III main diesel sets for the first two
Monique Moyer appointed to WETA Board of Directors California Gov. Gavin Newsom has appointed Monique Moyer to the Board of Directors of the San Francisco Bay Area Water Emergency Transportation Authority (WETA), which operates the San Francisco Bay Ferry. Moyer
ABS Consulting and American Club cooperate on maritime cybersecurity Growing marine industry digitalization brings with it increasing exposure to cyber risk. In response, ABS Consulting, an ABS Group subsidiary focused on safety and risk management, has joined forces with the American
Uni-Tankers picks Danelec for VDR upgrades Middelfart, Denmark, headquartered Uni-Tankers has selected Danelec Marine to upgrade aging and obsolete Voyage Data Recorders on upwards of ten ships in its fleet Some of the VDRs are 10 or more
BV adds another remote survey center Classification society Bureau Veritas has opened a new remote survey center in Singapore. It follows centers in Rotterdam, Piraeus, Istanbul and Dubai in providing remote class services for the society, connecting with
Maine Maritime to reopen campus Maine Maritime Academy President William J. Brennan said today that the college will reopen its Castine, Me., campus, holding in-person courses beginning August 31. He said that college faculty and staff had
German cruise brands to start sailing again Hapag-Lloyd Cruises, TUI Cruises and AIDA Cruises have all announced plans to resume sailings from German ports within weeks, starting at the end of this month. In a parallel development, TUI Group
Countries commit to tackling crew change crisis A UK-led crew change summit has resulted in 13 government pledging to cut through the red tape and tackle bureaucratic...
Brazil steps in over unpaid crew The vessel Srakane has been laid up in Sao Sebastiao channel, near Sao Paulo, for more than a month. Its 16...
Pledges, platitudes and protocols won't repatriate seafarers Using the forum of a virtual summit, shipping leaders are starting to realise that they must act in concert and...
Maritime has improved in its use of intelligence. It still has room to pick up the pace More shipping leaders are realising that change is happening. They accept that improvisation is only a temporary fix while transformation...
American Club backs marine cyber risk training The American Club and American Bureau of Shipping subsidiary ABS Consulting are to work together on cyber security for the...
Insurer American Hellenic Hull hits 3,000 ships The wholly owned unit of American P&I Club said it posted a 52% increase in gross written premiums in the...
SPI Marine starts 'Google-style' shipping data service The system is currently being piloted by a handful of clients, chemical tanker specialist SPI Marine says, with a view...
K Line joins FPSO project in Brazil Upon stable operations of the FPSO being achieved in 2023, K Line will have a roughly 10% stake in the...
Naming and shaming shipping firms will not solve carbon crisis Singling out individual companies does little to further the environmental cause
Shipping's steady course toward decarbonisation The various targets in the IMO Roadmap are not yet regulatory but there is huge pressure for them to become...
Maritime rule fails to cap seafarer tours of duty Outcome of any case would depend on interpretation of exact wording
Fall in number of containers lost at sea Few major casualties sees container losses from boxships decline over three-year period
Daily Briefing Free to read: Summit to address crew change crisis faces calls for action | Hong Kong tightens crew change policy...
Capesize spot market cools Dry bulk fundamentals remain healthy. The current drop in the spot and futures market for capesizes will prove to be...
ICBC Leasing agrees distressed offshore assets deal with Sinoocean Sinoocean recently signed bareboat charters with CNOOC for two China-built offshore support vessels
CMA CGM offers environmental leadership The decision underlines a commitment to protecting the environment that is surely laudable, but especially so when that decision also...
'It is time to act for seafarers' International Maritime Organization warns crew change prohibitions during the coronavirus pandemic have led to a growing humanitarian crisis.
Supertanker rates bounce back - stocks don't Tanker rates haven't been this strong at this time of year for a half-decade.
Loadsure, Transship partner for one-stop shipping Within moments, international freight brokers will be able to protect perishable goods.
Paycheck Protection Program loans in manufacturing PPP loans have been more prevalent for durable goods manufacturers relative to makers of nondurable goods.
COVID-19 response boosts Deutsche Post DHL's Q2 profit Deutsche Post DHL said preliminary second-quarter profits, despite the ongoing COVID-19 pandemic, have it less worried about the rest of the year.
Tiny fraction of containers lost at sea WSC says one-1,000th of 226 million containers shipped each year are lost.
Cargo-friendly airports shine during COVID crisis When it comes to airports and cargo, bigger isn't always better. Shippers are finding the benefits of airports that fly under the radar.
CHINA DATA: Jan-May oil product consumption falls 7% on year on pandemic impact China's refined oil product consumption fell 6.7% year on year to 127.67 million mt over January-May, National Development and Reform Commission data released June 8 showed, as the impact of the coronavirus pandemic rippled across sectors.
Fujairah Q3 ex-wharf marine fuel term talks inconclusive amid ample supply ujairah ex-wharf term 0.5% sulfur marine fuel price indications for the third quarter fell to a discount of $40-$45/mt to the Mean of Platts Arab Gulf 10 ppm gasoil assessments amid ample supply of low sulfur bunker fuel, sources said on July 9.
US judge denies stay to Dakota Access crude pipeline shutdown, setting up appeal The Dakota Access Pipeline remains on track to shut down after a federal judge denied an emergency stay request July 9, but expressed a willingness to extend a deadline beyond Aug. 4 to allow Energy Transfer more time to empty the crude pipeline.
ARA diesel, gasoil stocks rise 2.5% on week to 2.679 mil mt: Insights Global Diesel and gasoil inventories in the Amsterdam-Rotterdam-Antwerp trading hub increased 2.5% week on week to 2.679 million mt as of July 8, Insights Global data released July 9 showed.
Repsol's Q2 upstream production falls to lowest since 2015 Spanish integrated company Repsol's upstream oil and gas production fell 8% on the year in the second quarter to 640,000 b/d of oil equivalent, its lowest quarterly total since the 2015 purchase of Talisman, with Libyan interruptions weighing heavily.
US crude stocks race higher as exports flag, imports surge A steep decline in US oil exports and a flood of imports pushed crude inventories higher last week, even as refinery inputs and refined product demand edged higher, US Energy Information Administration data showed July 8.
WAF gasoil market static on lack of supply and demand, cargoes slide Liquidity in the West African gasoil market has stalled with a lack of cargoes moving due to a low supply from refinery runs cuts and COVID-19 demand destruction, sources said.
TANKERS: USGC VLCC freight jumps 26% on week as delays trump impact of pandemic US Gulf Coast VLCC freight jumped more than 26% over the past week as a combination of discharge delays at Chinese ports and an influx of charterer inquiries across all key global VLCC loading regions trumped the otherwise depressed freight environment due to the coronavirus pandemic.
Brazil's Petrobras sets bunker fuel output record at Replan in June Brazilian state-led oil company Petrobras set a fresh monthly record in June for bunker fuel output at the Refinaria de Paulinia, or Replan, refinery in Sao Paulo state after bringing two processing units back on stream from maintenance work, the company said July 8.
OIL FUTURES: NYMEX WTI falls below $40/b as coronavirus fears rise again Front-month NYMEX WTI fell back below $40/b for the first time in a week July 9 as demand fears continued from rising coronavirus cases and as Wall Street suffered falls in the stock markets.
News: Scrubber economics weaken as marine fuel premiums narrow
India's Essar Ports handles 4.41 mil mt of cargoes in June, up 2.6% on month In April, there was a drop in cargo handling due to dwindling production, mainly at power and steel companies.
FUJAIRAH DATA: Stockpiles slump to two-month low, light distillates down 9% Stockpiles are now the lowest since May 4 and down 11% since the record 30.71 million barrels on June 1.
S Korea's SK Energy to skip LSFO exports for July, Aug on low margins, run cuts "We will not export LSFO for July and August loading because the margins are bad," a source said.
BP-Sinopec bunker venture to start fuel oil deliveries to Fujairah: source Sinopec started producing LSFO for bonded bunkering in January with a target production capacity of 10 million mt in 2020.
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