Alfredo Scalisi appointed Managing Director of La Spezia Container Terminal
China developing 5G smart ports
Hapag-Lloyd says 2020 off to a decent start despite pandemic
Key organisations come together to support increased maritime digitalisation
New LNG carrier delivered to NYK-owned firm
ONE offers first direct coverage from China to Indonesia with new service
PIL enhances West Africa weekly services
Port of Brisbane's pricing freeze
Agriculture exports seen getting a boost due to ECA amendment
DGTR recommends duty hike on synthetic rubber import from South Korea
Non-medical & non-surgical masks export
Oilmeal exports down significantly in March
Import-laden containers moved from JN Port Terminals to Container Freight Stations (CFSs) and cleared by importers from May 1 to May 17, 2020
Volume matrix of import-laden containers shifted from Mundra Port Terminals to Container Freight Stations, and import delivery from Container Freight Stations during May 1 to May 17, 2020
Service disruption due to shortage of TT drivers/labour
Vehicles with invalid or non-functional FASTag to be charged double toll fee applicable to their category
BRICS disburses $1 billion emergency assistance loan to India to fight Covid-19
G20 endorses collective action to foster global economic recovery
New Callan Marine dredge enters service Callan Marine's new cutter suction dredge General MacArthur has now received its U.S. Coast Guard certificate of inspection (COI) and ABS classification. The dredge pushed off the dock in Belle Chasse, La.,
Ardent no longer entering any new contracts Emergency management and wreck removal company Ardent said last week that it "will no longer enter into new contracts from May 2020 on." Ardent noted that it had sold certain parts of
World's longest cruise ship roller coaster starts taking shape COVID-19 restrictions may have temporarily halted production at Genting Group's MV Werften shipbuilding operation in Germany, but work is continuing on a key feature of its first Global Class vessel: the world's
Armed guards repel attack on Stolt tanker in Gulf of Aden Underscoring the fact that the Gulf of Aden remains a dangerous place, UKMTO (United Kingdom Maritime Trade Operations) yesterday reported that a vessel had been attacked in the Gulf of Aden off
ShipMoney launches new crew payment services Fort Lauderdale, Fla., headquartered Maritime Payment Solutions, LLC (d/b/a ShipMoney) has introduced two new services designed to expedite payments to crew members and their families while providing a broad range of remittance
Another cost of COVID-19: Fouling build-up Vessels idled by the drop in demand due to COVID-19 restrictions or being used for floating storage face accelerated hull fouling - and consequently higher fuel bills when they return to service.
Health crisis threatens investment, profits and jobs, shipping survey finds European shipping jobs and decarbonisation investment are under threat from the pandemic
Retrofitting existing technologies on ships could lead to fuel savings Further savings could be achieved if data is collected correctly, and if shipowners stop focusing solely on the initial cost...
Nordic American Tankers says market outlook is 'promising' Suezmax specialist books $39.6m profit in the first quarter
UK provides funding to safeguard 'vital' freight routes Government to provide support for services linking the UK to Europe and Ireland
Venezuela shipments test US maritime sanctions resolve A product tanker that discharged gasoline in Venezuela last month remains flagged by Liberia and under UK-based protection and indemnity...
Container service blankings hit a peak Carriers' steps to remove capacity have helped maintain and even increase rates, but more may be necessary in the third...
DSME posts 24% first quarter gain on one-offs despite sales drop Weaker prospects may be ahead for Daewoo Shipbuilding & Marine Engineering as turnover fell 5.5% to Won1.95trn
Daily Briefing Free to read: 'The only way to survive is take out cost' - Hapag-Lloyd chief | China leasing lenders here...
VLGC earnings fall amid weak US-Asia arbitrage Despite traders attempting to pry open the US-Asia arbitrage, prospects for the forthcoming months have seen netbacks edging closer to...
Stolt-Nielsen tanker escapes Gulf of Aden attack The attack took place about 75 nautical miles off Yemen's coast in the westbound transit corridor of the Gulf of Aden...
Why COVID-19 rebound hopes are weighing down tanker stocks Good news: Vaccine shows promise. Bad news: Floating storage economics vanish.
Ports of Tacoma and Seattle see 23.5% volume drop Northwest Seaport Alliance reports 39 canceled sailings in first four months of 2020.
Face masks for German hospitals get police escort Face masks and other personal protective equipment are worth their weight in gold these days, and German authorities are protecting shipments accordingly. Lufthansa Airlines (FWB:...
El Al says it might not survive, seeks Israeli bailout Israel's flagship carrier El Al is struggling to hold on financially during the COVID-19 pandemic and is looking to the government for a lifeline.
Puerto Rico terminal joint venture stays the course The U.S. Federal Maritime Commission says an amendment to the Puerto Nuevo Terminals Agreement poses no anticompetitive concern.
Refineries in Europe raise runs, restart Italy's API refinery, which closed due to weak demand in the wake of the coronavirus pandemic, has now restarted, with refineries in Europe gradually raising runs as countries lift restrictions and demand starts picking up.
Global flying capacity shoots up: OAG Global flying capacity for the week ahead has shot up 6% on the week to above the 30 million seat mark, but remains well below the around 115 million seat level at this time last year, according to air travel data provider OAG.
USGC middle distillate flows to Europe at 230,000 mt so far in May: cFlow US Gulf Coast middle distillate shipments due to arrive in Europe in May amount to about 230,000 mt so far, with around 190,000 mt bound for Northwest Europe and 40,000 mt for the Mediterranean, data from S&P Global Platts trade flow software cFlow showed Monday.
Med ULSD cargoes rise to 18-month high versus NWE cargoes on reduced production Mediterranean ultra-low sulfur diesel cargoes strengthened to a 18-month high versus Northwest European ULSD cargoes Thursday as demand picks up in the south amid strongly reduced refinery output, while in the North the impact of increasing consumption has been partly offset by the huge amount of product in floating storage.
Russian Sokol price differentials flip to premium for first time in two months Price differentials for Far East Russia's Sokol crude have flipped to premiums for the first time in two months amid improved market sentiment and ongoing supply cuts, market sources told S&P Global Platts on Monday.
Mar fuel oil imports rise 7.2% on month to 4.08 mil barrels Hong Kong imported 4.08 million barrels of fuel oil in March, up 7.2% from February but down 16.5% year on year, data released Monday by Hong Kong's Census and Statistics Department showed.
Asia residue fuel - Key market indicators this week Asia's low sulfur residual fuel market is expected to trade in a narrow range with no major upside expected in the near term.
European distillate swaps surge as countries emerge from lockdown The middle distillate swaps complex saw a glimpse of blue skies ahead as prompt differential swap values soared over the last week on the back of lockdowns across Europe starting to ease.
Europe residual fuel -- key market indicators this week The European fuel oil market was expected to see support this week from demand in the end-user bunkers market -- as shipping operations remained ongoing, sources said.
Fujairah port's FOTT bunker volume jumps 8% in April, first gain this year The Fujairah port on the UAE's eastern coast handled 8% more bunkers in April over the year earlier, the first increase in 2020, Fujairah Oil Tanker Terminals or FOTT said in its monthly activity report.
European 0.1% gasoil at rare spot premium to ULSD as coronavirus skews demand: sources Certain Mediterranean cargoes and ARA barges of 0.1% sulfur gasoil traded at a premium over 10 ppm sulfur ULSD last week, a very rare though not unprecedented trend, traders in the European cash market said Monday, citing considerably skewed demand for refined products caused by measures introduced to limit the spread of the coronavirus.
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