CMA CGM's new-generation LNG-powered containership being bunkered in Rotterdam
Hapag-Lloyd does well in first nine months of 2020
Ministry of Ports, Shipping & Waterways to put extra focus on development of coastal shipping & waterways: Mansukh Mandaviya Ministry's new nomenclature unveiled
MOL group companies receive high performance awards
New China to Cambodia/Thailand (CT5) service
OOCL Logistics joins hands with China's Xi'an International Inland Port Multimodal Transportation Corporation for cross-border railway services
Swire Shipping deploys first 2,750-TEU newbuild on its newly upgraded North Asia Express service
THE Alliance announces updated service adjustments for December 2020
Yang Ming names Patrick Tu as President & COO
Yang Ming returns to profitability in 2020 Q3
Anti-dumping duty imposed on flax fabric from China, Hong Kong
Cotton exports projected to be more
APM Terminals Pipavav reports Q2 results
Kamarajar Port handles largest ever container vessel on the East Coast
Allcargo Logistics moves 76-metre long super-sized cargo for L&T Hydrocarbon
CCI approves acquisition of 7.73% equity share capital of Jio Platforms by Google
Liebherr heavy-duty crane loads offshore wind monopiles in Rostock The new TCC 78000 heavy-duty gantry crane at crane manufacturer Liebherr's Rostock, Germany, facility - Liebherr-MCCtec Rostock GmbH - loaded 72 foundation piles for Denmark's largest wind farm between May and September
SeaRobotics launches next gen "Utility Class" ASV Stuart, Fla., based SeaRobotics Corporation (SRC), has released details of its next generation Utility Class ASV (autonomous surface vessel), the SR-Utility 3.0. Designed to extend the range and versatility of unmanned coastal
VIDEO: First night drone delivery to a ship Singapore-headquartered start-up F-drone reports that it has successfully completed the first commercial night drone delivery to a ship. The delivery was made on November 1 when a drone delivered a 3D printed
Marine Log's FERRIES 2020 virtual event attracts record attendance Marine Log's FERRIES kicked off its first-ever presentation as a virtual event with over 400 participants-nearly quadruple the event's attendance in 2019. This year's event was held virtually due to the COVID-19
Another 3,000-hp Maryland-built tugboat joins Vane Brothers fleet Underscoring the advantages of building in series, Vane Brothers has taken delivery of the 3,000 hp Cape Fear, the seventeenth Maryland-built tugboat to join the Baltimore-based company's expanding fleet. Since 2008, fifteen
Pandemic pushes up costs of crew changes Ship operators are being warned to expect higher crewing costs next year as pandemic measures and challenges in carrying out crew changes push prices higher. Henrik Jensen, managing director of Hamburg, Germany,
Golden Ray: Cutting operations resume with extra bite The Unified Command (the Coast Guard, Georgia Department of Natural Resources, and Gallagher Marine Systems) working on the salvage of the capsized car carrier Golden Ray reports that the process of cutting
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More seafarers kidnapped off Nigeria Five crew of a Ghanaian cargoship were kidnapped about 45 nautical miles southwest of Brass, Nigeria, according to reports. The...
UK Club announces 10% rate hike 'Even those members operating without claims in recent years remain exposed to the unexpected large losses,' International Group affiliate says...
Shipowner confidence in LNG as a marine fuel 'improving' Some 55 tankers on order have dual-fuel engines, with no contracts signed this year for liquefied natural gas-ready ships that...
UK freeports plan presents 'real challenge' to shipping 'Potential bidders face a real challenge in submitting the kind of detailed proposals, involving a range of different organisations, that...
Marshall Islands demands carbon pricing measure from the IMO The world's third-largest flag state says a carbon pricing measure is the most effective way to cut shipping emissions. It...
MSC closes in on Maersk as the world's largest carrier The pandemic has led to differing responses from carriers in terms of their fleet deployment. MSC has continued to grow...
CMA CGM in drive to develop bio-methane market CMA CGM has put its considerable weight behind liquefied natural gas as a fuel for container shipping. It now wants...
Adnoc adds bulkers to fleet Company says the 2019-built ultramax will be deployed on its key trading routes, including for the transport of sulphur from...
Dry bulk S&P activity 'playing catch up' this year Japanese owners were believed to be selling older bulkers as local steel mills reduced their tonnage demand, said VesselsValue head...
Attacks on vessels being stoked by economic impact of coronavirus Shipowners urged not to let guard down on piracy with the Singapore Strait back in the headlines after a spate...
Australia to end crew work extension waivers Australia said its waiver allowing crews to serve beyond 11 months on board ships will end next February. It says...
DSME wins order for six boxships linked to Zodiac Shipbrokers suggested the buyer is UK-based owner Zodiac Maritime. Deal comes as a new wave of boxship orders are expected...
Daily Briefing Free to read: Bulkers leaving Australia for China drop sharply amid political tensions | Trade tensions highlight reality of 'Australia-style'...
China-backed trade pact positive for shipping Container shipping, dry bulkers and ports will benefit in the long run. However some shipping stocks, especially those that stand...
Singapore to pilot common data infrastructure for supply chain AfA aims to set up a digital utility to facilitate data sharing and enable businesses to easily connect to the...
RCL keeps up profit momentum in third quarter RCL managed to cut freight and operations costs by 15% through efficient capacity management along with a lower average price...
Sempra Energy receives LNG export offer from Mexico Mexico's president said last week that the permit would be granted as long as the Fortune 500 energy company is...
Biden likely to make US LNG more acceptable to EU A roll-back to the Obama era regulations could make US LNG slightly more expensive to produce than at present, but...
Crew kidnapped from vessel in Gulf of Guinea The risk profile for all vessels operating within the region remains at critical, with attacks assessed as highly likely and expected...
The ship has sailed for traditional banking Huge companies such as Microsoft or GM can negotiate preferable rates with banks because of their volume of transactions. If...
Biden transition freeze could harm COVID vaccine logistics, advisor says It's the logistics, stupid - to borrow a phrase from former President Bill Clinton - when it comes to getting vaccines down to the local...
Canada clears 4 firms to bid on COVID-19 vaccine distribution contract The Canadian government pre-qualified FedEx Canada, UPS Health Care, McKesson and Kuehn + Nagel to bid on a contract to distribute millions of COVID-19 vaccine...
Coalition on demurrage/detention charges seeks intervention from Federal Maritime Commission Earlier Harbor Trucking Association complaints about fees in Los Angeles/Long Beach now extended to New York/New Jersey; FMC commissioner says some action likely
Tanker shipping at risk of rare winter hibernation "Winter is Coming" is a warning in House Stark and usually a blessing for tankers. But there's nothing usual about 2020.
Baltic Exchange enters airfreight market with pricing index The London-based maritime market data provider will offer subscribers airfreight indices via partnership with TAC.
Korean Air takeover of Asiana to create single national carrier There are too many airlines in Korea's domestic market to survive, so the government engineered a merger between Korean Air and Asiana.
FreightWaves Classics: Colts corraled; round-up of import autos nears finish at Jacksonville 1971: The round-up of all imported autos into Jacksonville is near conclusion as the latest arrival of 785 Chrysler Colts enters the Port.
Commentary: US ag exporters, trucking industry urging FMC to regulate carriers Harbor Trucker Association says it's time for the FMC to seriously look at regulating the carriers.
Career Tracks: Volga-Dnepr gears up for COVID-19 vaccine delivery Air cargo carrier names Yulia Celetaria health care director and forms vaccine task force.
EMEA middle distillates: Key market indicators this week European distillates markets remain relatively weak on the prompt as increasing lockdown measures chip away at demand, balanced somewhat by reduced supply, while a contango in the futures market has seen traders talk of increasing floating storage opportunities.
East-West gasoil price spread hits 7-week high, to push Middle East, India barrels to Asia The front month gasoil Exchange of Futures for Swaps price spread widened to a multi-week high on renewed supply-led strength in Asia, and this will likely lead to an increased flow of barrels from the Middle East and India to a tight market in Singapore, where demand is gradually rising.
OIL FUTURES: Price rally extends as market eyes COVID-19 vaccine, OPEC+ talks An overnight oil price rally continued in midday US trading Nov. 16 as demand outlooks improved following fresh COVID-19 vaccine news and as the OPEC+ group moved closer to extending output cuts into 2021.
European LSGO futures net speculative length rebounds from 4-year low Speculative net long positions in ICE low sulfur gasoil futures rose 28,389 contracts to 26,380 in the week to Nov. 10, jumping back into positive territory, according to ICE data.
Brazil's Petrobras plans to double the number of oil wells at the massive Buzios Field Brazilian state-led oil company Petrobras plans to double the number of wells at the massive Buzios Field in the country's offshore subsalt frontier to about 100 over the next couple of years amid a cost-cutting and efficiency program, the company said in a statement Nov. 13.
Asia crude - Key market indicators this week The crude oil market in Asia started the week of Nov. 16 slightly higher, amid continued optimism from the COVID-19 vaccine news and possible extension of OPEC+ output cuts into 2021, although rising coronavirus cases in Europe and the US could weigh on sentiment.
Credit concerns intensify in bunker industry amid firming crude Coronavirus and its downward pressure on oil prices may have bought the bunker industry's strained credit prospects some time but rising prices may undo that, according to industry experts.
USGC middle distillate flows to Europe at 120,000 mt so far in Nov: cFlow US Gulf Coast middle distillate shipments expected to arrive into Europe in November are scheduled at around 120,000 mt so far, with two cargoes loaded over the past seven days heading to Northwest Europe, data from S&P Global Platts trade flow software cFlow showed Nov. 16.
Asia middle distillates - Key market indicators this week Asia's middle distillate markets are expected to be steady to slightly firmer in the week starting Nov. 16 as sentiment for jet fuel remains firm on the back of heightened heating demand, while gasoil is likely to remain supported due to curtailed refinery production which has led to a crimp in supplies.
US crude stocks expected higher amid weak refinery demand, lower exports US crude oil inventories likely edged higher in the week ended Nov. 13 as a slowdown in exports offset an expected uptick in refinery demand, an S&P Global Platts analysis showed Nov. 16.
OIL FUTURES: Crude settles higher on COVID-19 vaccine progress, OPEC+ talks Oil futures settled higher Nov. 16 as supply and demand outlooks grew more bullish on COVID-19 vaccine progress and signs that OPEC+ was moving closer to extending output cuts into 2021.
AMERICAS BUNKERS: Key market indicators Nov. 16-20 **Persistent demand worries in Latin America **Buying interest firms at New York, Philadelphia
REFINERY NEWS: France's Grandpuits to halt CDU, other units in operation Total said Nov. 16 that the crude distillation unit at its Grandpuits refinery will halt today but the other units at the refinery will remain in operation.
Saudi Aramco still evaluating increase of maximum capacity to 13 mil b/d: bond prospectus **Government has instructed company to increase capacity **Aramco embarking on second international bond sale **Capital raised to be used for general corporate purposes
Rotterdam hosts world's largest LNG bunker operation **Biomethane involved to reduce carbon footprint **Nine LNG bunker vessels now operating in Rotterdam area
ANALYSIS: Mounting piracy off Gulf of Guinea unsettles tanker owners **Piracy attacks in 2020 jump 40% on key oil transit route **Owners opt for armed guards, some start to reconsider routes **Pirates tend to target smaller tankers carrying oil products
OPEC+ ministers to begin talks in earnest on extending oil cuts into 2021 **Monitoring committee to meet online Nov. 17 **Delegates review 3- or 6-month cut extension **Analysts say weak cut compliance could cost $7/b
REFINERY NEWS: Total Antwerp back from maintenance: sources Total's refinery in Antwerp has completed its maintenance but is not back to full capacity, according to market sources.
Europe and Africa residual fuel: Key market indicators this week **Backwardation deepens in 0.5%S FO barges **Tightness of HSFO in South Africa likely to last some days
Interest in environmental market products hit record high: ICE **Pollution costs 'critical' to energy transition: ICE **North America strongest contributor to growth **Voluntary climate commitments add to liquidity
Uniper Energy's Fujairah refinery completes maintenance Uniper operates two 40,000 b/d distillation units in Fujairah.
Australia's Woodside confident green hydrogen will become competitive **Renewable technologies' costs seeing significant falls **Role for blue as well as green hydrogen
Asia residual fuel market - Key market indicators this week **Singapore 0.5%S FO values expected to remain supported **November 3.5%S FO demand so far firmer than October's level
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