FMC's final interpretative rule on demurrage & detention charges welcomed
IMO endorses new protocols designed to lift barriers to crew changes
Commerce Ministry working out suitable package for exporters
Dhamra Port introducing Mooring Charges
Import-laden containers moved from JN Port Terminals to Container Freight Stations (CFSs) and cleared by importers from March 23 to May 8, 2020
Indexation of Scale of Rates at Major Ports
Volume matrix of import-laden containers shifted from Mundra Port Terminals to Container Freight Stations and import delivery from Container Freight Stations during March 23 to May 8, 2020
Blockchain seen as key for resilient international supply chains
CEVA Logistics launches Truck-Rail-Truck service, a new solution to keep cargo moving across Asia
CONCOR extends relief period
Managing the airfreight business post lockdown
Panoramic view of international logistics under the Covid-19 situation
Call for petrol & diesel to be brought under GST, bold stimulus package
Govt mulls structural reforms package for sunrise sectors to convert India into a global manufacturing & exporting hub, says NITI Aayog CEO
Need to bridge digital divide within & across countries to incentivise e-commerce, says WTO report
Road construction target for next two years set at value of Rs 15 lakh crore
A-Rosa plans to restart Rhine and Danube cruises within a month Following announcements from regional German authorities and their Austrian counterparts on the relaxation of COVID-19 lockdown measures, European, river cruise company A-Rosa River Cruises says it plans to restart selected departures on
Euronav sells 2005-built VLCC Antwerp, Belgium, headquartered Euronav NV (NYSE: EURN) reports that it has sold the 2005-built VLCC TI Hellas for $38.1 million. A capital gain on the sale of approximately $1.6 million will be
Foreship launches project aimed at keeping coronavirus off cruise ships Helsinki, Finland, headquartered naval architecture and marine engineering firm Foreship has launched an initiative to limit the presence and spread of coronavirus and other pathogens on passenger ships and get the cruise
Royal Caribbean puts focus on safety, cost cuts and liquidity Royal Caribbean Cruises Ltd. (NYSE: RCL) estimates it is burning through cash in the range of approximately $250 million to $275 million per month during the present suspension of cruise operations, it
Optimarin offers BWT leasing option Sandnes, Norway, headquartered ballast water treatment (BWT) specialist Optimarin is offering what it says is the first leasing option in the BWT segment. It says it is making the move to meet
COVID-19: Paris MoU updates temporary guidance on Port State Control Following the outbreak of COVID-19, the Paris Memorandum of Understanding on Port State Control (Paris MoU) drafted temporary guidance for its member PSC authorities, recognizing the need to apply flexibility under these
Skagit County releases vendor RFIs for electric ferry In 2017, Skagit County, Wash., engaged naval architecture firm Glosten to develop an all-electric ferry to replace the 40 year old, diesel powered Guemes. Now Skagit County Public Works and Glosten, are
Daily Briefing Free to read: Euronav sees floating storage as key to future profit | Product tanker market braces for 'supercycle' |...
RightShips appoints new Asia-Pacific head in Singapore The 25-year veteran has held a wide variety of technical, leadership and consultancy roles in the Asia Pacific region including...
Panama Canal Authority seeks dialogue with cargo owners Cash-strapped shipowners should not expect a reduction in tolls to transit the Panama Canal as that is a lengthy process...
D'Amico says charterers eye fixing vessels on period contracts "Unprecedented" spot levels were achieved in April due to floating storage needs, company says
Hess charters three VLCCs to store 6m barrels of oil production The coronavirus pandemic has cut into the firm's revenue and non-operating income which totalled $1.37bn for the March quarter, down from $1.7bn for...
Long Beach gets financial thumbs up even as trade volumes fall The credit agencies Fitch Ratings and Moody's expressed confidence in the port's ability to fund major infrastructure projects while affording strong...
Tanker veteran warns on rates: The storm is coming Diamond S boss sees tanker-market "trough" on the horizon.
Delta, LATAM lay groundwork to implement joint venture Delta Air Lines and LATAM are getting ready to operate jointly once they clear antitrust hurdles in both countries.
FreightWaves Flashback 1963: Baby chicks - big export business One Florida hatchery credits modern innovations and personal overseas visits to customers for its continued success.
Canceled calls signal 'two really tough months' for Georgia ports But in looking at big picture, Executive Director Griff Lynch is celebrating small victories.
Lufthansa inches toward restart, seeks German government bailout Lufthansa and IAG Group are taking baby steps toward expanding flight schedules. That should bring in some more revenue, but Lufthansa is looking for a...
Deluge of medical cargo cripples Shanghai Pudong airport A perfect storm of events has created the mother-of-all cargo bottlenecks at Shanghai's Pudong airport, where shipments sit at a standstill in crowded warehouses waiting...
From Assembly Bill 5 to COVID-19 Harbor Trucking Association hosts a wide-ranging conversation with West Virginia senator.
BP Midstream expects lower Q2 pipeline flows on coronavirus impact BP Midstream reported first-quarter pipeline flow rates similar to the fourth quarter of 2019, but withdrew previous guidance and will no longer provide full-year guidance due to extreme market uncertainties arising from the coronavirus pandemic, CEO Rip Zinsmeister said Friday.
HollyFrontier sees more normal North American crude markets by end year US refiner HollyFrontier expects more normal North American crude price relationships to return by the end of the year as refiners ramp up runs to meet growing demand for gasoline and diesel, company executives said Thursday.
Singapore's residue stocks gain 8.7% to 24.1 mil barrels on higher imports Singapore's commercial onshore residue stocks gained 8.7% week on week to 24.136 million barrels, or 3.8 million mt, over April 30-May 5 amid higher imports, Enterprise Singapore latest data released Wednesday showed.
OIL FUTURES: Crude rallies as market eyes tightened global supply picture Oil futures rallied in final minutes of trading to settle up 5% on the day as the global supply picture in the wake of more producers announcing cuts Friday.
External: Global Risk Management
Australia's AMSA detains bulk carrier on violation to IMO's HSFO carriage ban "The non-compliant fuel oil on board had sulfur content of 1.38%," AMSA said.
Floating storage interest remains quiet despite weakening freight rates "Shipowners are still holding up to high time charter rates as they believe floating storage fixing will pick up," a broker said.
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