Price tag for decarbonizing shipping: $1 trillion At least $1 trillion of capital investment in land-based and ship-related infrastructure will be needed to achieve the IMO target of reducing world shipping's total greenhouse gas emissions by at least 50%
Port State Control to take tough line on IMO 2020 enforcement Member authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control are again signaling that they will take a firm line in enforcing the IMO 2020 fuel
Sulphur cap rules being enforced 'without exception' Port control bodies vow a 'practical and pragmatic' approach to enforcing the sulphur cap, saying they expect compliance
Libyan crude exports paralysis deals blow to aframax tankers Some 940,000 barrels per day of crude oil have been temporarily removed from the global market as shipments remain blocked...
Sludge risk may rise as bunker stream lightens Traders are bringing in compliant, lighter fuel oil blends to Singapore - the world's top marine fuel hub
Zeamarine to clarify fleet status 'We will finalise decisions this week or next week and tell people what is going on,' says company spokesman
Call for EU to reconsider consortia extension Legal flaws in commission decision-making process mean proper evaluation is still required
Probunkers eyes order for LNG bunkers at Hyundai Mipo Probunkers is hopeful of proceeding to final contract discussions with the yard 'in the next month or so'
Daily Briefing Free to read: Don't mess with Chinese inspectors on sulphur cap | Benefits to LNG from Sino-US trade pact remain...
Environmental groups urge IMO to raise carbon reduction goals Letter follows Mr Lim's re-election as the International Maritime Organization secretary-general last month and urges pushing forward a carbon-free agenda...
More than $1trn needed to meet shipping's green initiative If shipping is to fully decarbonise by 2050, this will require further investments of some $400bn over 20 years, bringing...
Shell endorses carbon pricing for shipping Well-designed carbon offsets in the early stages could enable the industry to decarbonise while developing some of the longer-term, lower-cost...
Tanker crew kidnapped off Togo released with one dead The crew will be debriefed by the local authorities and then return home to their families
Petronas and Shenergy sign long-term LNG offtake and shipping tie-up The preliminary deal is for 1.5m tonnes per annum of liquefied natural gas to be supplied to the Wuhaogou terminal...
Port of Los Angeles weathers trade war storm The port moved near-record cargo in 2019, with a total of 9.34m teu, only 1.3% below the 9.46m teu it...
Myanmar to build new port for China's Belt and Road Initiative Kyaukpyu's location close to major shipping lanes would enable China not only to avoid the Strait of Malacca but also to gain a foothold on the edge...
Ship batteries need extra fire risk safeguards DNV GL hopes the joint development project's findings will help guide battery safety rules as the technology evolves
Celadon to formalize Hyndman bankruptcy in Canada as judge bars funds transfers Celadon Group plans to ask Canadian court to recognize its U.S. Chapter 11 case as judge takes further steps to lock down Hyndman Transport assets.
Cocaine find on Martinair freighter in Argentina leads to multiple arrests Parent company KLM says it is cooperating with authorities.
Freight Futures daily curve: 1/20 A mixed trading session on Friday capped a bearish week for the Trucking Freight Futures market.
Today's Pickup: A pragmatic approach to zero-emissions logistics; at XPO, breaking up will be interesting to do Report urges balanced approach to zero-emissions logistics.
Commentary: The top three opportunities for the trucking industry in 2020 Technological change is requiring a fresh vision to help manage trucking operations. Here are three opportunities to take advantage of now.
US nuclear medicine suppliers welcome HEU export ban delay The U.S. Energy Department will continue to allow the licensed export of highly enriched uranium for overseas medical isotope production for another two years.
Haverty factor fueled rail trade growth: Railway Age Kansas City Southern can attribute its growth in cross-border traffic to a former president, a Railway Age essay says.
Snowstorms returning to Pacific Northwest this week (with forecast video) Another series of periodic snowfalls ahead for the Northwest mountains.
Career Tracks: From American Maritime Partnership to global supplier Meritor BIMCO, BOLT, Commercial Jet and Kane Is Able also announce executive appointments.
Mark-It Express Logistics begins expansion efforts with acquisition of Spirit Trucking Chicago company nearly doubles its size with "likely the first acquisition of several."
Commentary: The trucking insurance crisis, part 2: Lawsuit abuse Commercial liability insurance rates continue to spiral, with costs passed through to businesses and consumers. A primary culprit is a corrupt personal injury legal system...
Top 10 ways to lower diesel fuel expenses for trucking companies FreightWaves CEO Craig Fuller writes about methods to lower diesel fuel expenses for large and small trucking companies.
Oregon cap-and-trade bill is back, and truckers still don't like it A new cap-and-trade carbon emissions bill unveiled in Oregon last week continues to draw criticism from the trucking industry that helped derail similar legislation last...
FUTURES: Oil up as Middle East tensions renew supply concerns Innes added that prices are likely to remain capped despite Middle East tensions, given the market's reactive nature to fade geopolitical risk quickly.
Sinochem's Quanzhou produces first cargo of VLSFO "The refinery has produced 4,500 mt of bunker fuel oil with 0.5% sulfur content," a source said.
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