Swissterminal & DP World enter a strategic partnership
'The implementation of the National Logistics Policy will create a single-point digital platform for all supply chain stakeholders & facilitate cooperation rather than unhealthy competition'
Blue Dart extends its successful First Time Buyer Programme
Domestic cargo terminal to be inaugurated at Surat Airport this month-end
Indian skies are in for very promising times; win-win opportunities await all stakeholders in the civil aviation sector: Hardeep Singh Puri
IndiGo launches direct flights connecting Kolkata with Doha & Dubai
Prime Minister Narendra Modi & his Nepalese counterpart inaugurate integrated check post at India-Nepal border
Voluntary disclosure of information regarding non-compliant drones flying in India
FIEO's wishlist for Budget 2020-21
CONquest 2020 Business Forum in New Delhi facilitates an engaging conversation on the relevant issues in cargo & logistics
Brandi Smith named program director for Columbia-class submarine program at NNS Huntington Ingalls Industries (NYSE: HII) reports that Brandi Smith has been named program director of the Columbia-class submarine program at the company's Newport News Shipbuilding division. In this new role, Smith will
USCG responds to grounded dredge barge The Coast Guard was today responding to a grounded dredge barge in the Matagorda Ship Channel near Port Lavaca, Texas. Sector/Air Station Corpus Christi watchstanders received notification Monday evening that the dredge
VIDEO: BC Ferries battery hybrid duo arrives in British Columbia BC Ferries' two newest hybrid electric ships arrived at Ogden Point, Victoria, British Columbia, on January 18, 2020, on board the semi submersible transport vessel Sun Ocean. Built at Damen's Galati, Romania,
Harvey Gulf makes key hire to grow subsea business Harvey Gulf International Marine CEO Shane Guidry is looking to grow the company's subsea business and has hired John Dunn as Vice President of Sub-Sea Vessel Operations. Dunn, who was formerly with
Kongsberg gets EU funding to demo two autonomous vessels Kongsberg is to install and test autonomous technology on two vessels in different operational environments, with the help of EUR 20.1 million (about $22.3 million) in funding from the EU's Horizon 2020
ABS and Hyundai Heavy complete Smart-ship JDP Marking completion of a landmark joint development project (JDP), classification society ABS has verified the smart functions of shipbuilder Hyundai Heavy Industries' Integrated Smart-ship Solution, issuing the first Product Design Assessment (PDA)
China's first Robert Allan designed DF tug enters service Vancouver, B.C., based naval architecture firm Robert Allan Ltd. reports that the first ever dual-fueled RAstar 3800-DF tug was recently delivered to China's Ningbo Zhoushan Port Company Ltd. Named Yong Gang Xiao
West African pirates hijacking larger vessels to maximise ransom returns West African gangs are extracting $30,000 to $50,000 per kidnapped crew member from insurance companies
Police probe Marshall Islands flag employee's death in New York Marshall Islands registry representative says police are investigating the death of Antonio Litman
Marubeni and Klaveness merge panamax pool activities The combination of existing fleets in the MG Harrison Shipping and Baumarine Pools will see the venture with a fleet...
Port of Karachi bans open-loop scrubbers The Pakistani government will force ships at the Karachi port to switch to closed-loop scrubbers or compliant fuel oil. Karachi...
Fafalios urges care over R&D fund scheme GSCC leader takes IMO to task for 'imperfect' 2020 regulation and warns that $5bn research proposal could lead to 'bottomless...
UK unlikely to take back control of liner block exemptions until 2024 'The Competition and Markets Authority may or may not think about it, but my suspicion is that they will just...
DP World cancels leave in fight with Australian maritime union The union and DP World have clashed for years over automation and outsourcing
Malaysia's palm oil flows to India at risk from diplomatic spat Having gone ahead with its plan to ban imports of refing palm oil from Malaysia, India also wants to place...
Shanghai port to buy stake in Ningbo-Zhoushan Two harbours, both located in the Yangtze Delta Region, a key economic powerhouse in China, have been competing heavily with...
Marine accident reports remain inadmissible in English courts Mr Justice Teare has reaffirmed that detriment to incident investigations that might come about if MAIB reports were allowed to...
DP World expands European inland operations After expanding into logistics and shortsea shipping, DP World is now growing its inland multimodal presence in Europe
UK agrees treaty with US to protect Titanic wreck The UK and US governments have passed legislation giving themselves the power to grant or deny licences authorising people entering...
China could start exporting VLSFO as domestic output perks up Sinopec and PetroChina earlier revealed plans to produce about 14m tonnes this year, enough to cover about 80% of China's...
Daily Briefing Free to read: Libyan crude exports paralysis deals blow to aframax tankers | Sludge risk may rise as bunker stream...
China Merchants restructures Sinotrans Shipping Sinotrans Shipping runs a dry bulker fleet of 75 ships with 5.8m dwt in capacity, while also having a stake...
South Korea to send forces to Strait of Hormuz The expansion of the unit's sphere of activity is to guarantee safety of South Koreans and freedom of navigation of...
EU-led naval mission in Gulf gets more support France's foreign ministry said the new mission will constitute a 'useful instrument' in safeguarding the freedom of navigation by ensuring...
United Airlines posts strong profits despite MAX headwinds Carrier says it reached full-year earnings target a year early.
Canada to take up USMCA ratification next week Prime Minister Justin Trudeau will push for swift passage in Parliament in a welcome development for the Canadian trucking companies that dominate cross-border freight market...
Triumph beats earnings estimates, quintuples carrier payments business Asset quality mostly improved but net interest margin compressed by 62 bps.
Phillips 66 and partner drop plans for renewable diesel plant in Washington Companies cite permitting issues, but the market for the product remains hot on environmental regulations.
Boeing: Expect 737 MAX flight ban to last into summer Boeing estimates regulators won't lift the 737 MAX grounding until mid-year, at the earliest, which means the production line might not restart until 2021.
Commerce takes over swath of US firearm export controls The department said the shift of certain firearms from the U.S. Munitions List to the Commerce Control List does not decontrol these items but changes...
For US ports, 'gloves are back off and we are able to ship to China again' Everything from driverless trucks, the U.S. tariff war with China and the growth of ocean ports was discussed during the opening day of the National...
Bloomberg proposes national clean-truck voucher program Presidential candidate's Clean Transportation Plan calls for 15% of new trucks to be pollution-free by 2030.
Commentary: Davos 2020 is about supply chains, disguised as climate change The World Economic Forum opened today. Climate change is the most-feared risk of respondents to a WEF poll. Brian Aoaeh comments that disruption of global...
Is blockchain finally ready for prime time? Blockchain is a popular subject of discussion and dissection, but is it really the savior of all things logistics?
Freight Futures daily curve: 1/21 Trucking Freight Futures markets were closed on Monday; Futures forward curves point to flat year-over-year rates.
Hydrogen costs could fall quickly for heavy-duty trucks The cost of hydrogen-powered fuel cell electric trucking could drop 50% by the end of the decade, making it competitive with other clean energy options...
Commentary: Is saving coal a fool's errand? Railroad expert Jim Blaze writes about coal, a key commodity hauled by rail. The amount of coal being hauled by rail is declining. Why? And...
Truck manufacturers call for EU investment in gas infrastructure Signatories call on policy makers to expand natural gas infrastructure to evenly cover the whole EU territory.
Snow, ice returning to recovering Midwest freight markets (with forecast video) Trucks going back to Midwest markets hit by recent snowstorm. But another storm heads there soon.
WTT?!? weekday: SONAR diesel fuel forecaster and more [with video] We gear up into this frigid week with a wild ride of headlines and industry updates. First, some bad news: a fatal shooting at a...
Bankruptcy auction canceled as White Willow's $14.5 million bid for Taylor Express approved Bankrupt Celadon Group Inc. canceled its Wednesday asset auction of Taylor Express after approving White Willow Holding's $14.5 million bid.
Today's Pickup: New survey highlights optimism among shippers Shippers in a Morgan Stanley survey are optimistic over the macro environment and expect rate improvement moving forward. Plus, Chinese New Year impacts and supply...
Celadon drained cash of Canadian trucking business, former Hyndman executive alleges (with video) Ex-chief financial officer of Hyndman Transport accuses Celadon in affidavit of depleting funds generated by profitable core business in Canada and hurting former drivers' and...
Commentary: What the Wright brothers teach the sea freight world about cross-industry pollination The story of two bicycle mechanics from Ohio can provide inspiration for an industry facing a multitude of challenges.
Grain groups in Canada want assurances for rail option Organizations may lobby Parliament to declare rail service an essential service so that access remains available during events such as labor strikes.
Cargo volumes dropped at major European airports in 2019 Global trade tensions and a weakening economy took a toll on air freight.
US crude stocks expected higher as refinery demand, exports ease Nationwide US crude storages are expected to add 500,000 barrels during the week ended January 17, expanding to about 429 million barrels, analysts survived by Platts said.
Financial burden of IMO 2020 falling on dry bulk shipowners Dry bulk ship owners are bearing the financial burden of increased marine fuel costs in the wake of IMO 2020, as time-charter rates for Panamax ships in the South Atlantic inversely correlate with 0.5% sulfur marine prices at key bunkering hubs.
FUTURES: ULSD futures sink as global flu risks weigh on demand outlooks Distillate futures lead the oil complex lower Tuesday as the market eyed weakened demand outlooks after the first confirmed US Cornoa virus case.
REFINERY NEWS: CNOOC's Huizhou to produce first VLSFO late Jan/early Feb The barrels will be produced from a residual hydrotreater and blended with other materials to meet the bunker standard.
TANKERS: Asia Aframax rates crash on weak cargo demand, excess tonnage supply The key Persian Gulf-East rate fell to w157.5 Monday, a drop of w85.5 from the high on January 6.
External: Global Risk Management
Shipping needs at least $1 trillion investments to halve GHG emissions by 2050 Full decarbonization by 2050 will require further investments of some $400 billion over 20 years.
IEA's bullish view of Q4 2019 demand could help OPEC in 2020, if it holds up "We are very bullish [for] Q4 2019," Barrett said
Merchantability of low viscosity Marine Fuel 0.5%S cargoes in Platts MOC Platts understands that residual marine grade fuels with a viscosity of at least 30 CST are currently considered broadly deliverable
Scaling up hydrogen will reduce costs up to 50% by 2030: council Scaling up will be the biggest driver of cost reduction, the council said.
China's Fuhaichuang makes first high sulfur condensate purchase for Mar delivery The company last week purchased the cargo, of Qatar's low sulfur field condensate, via tender for delivery to Fujian in March, sources said.
UAE's ADNOC, Eni to collaborate on CO2 storage ADNOC has pledged to lower its greenhouse gas emissions and boost CO2 storage.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
