Availability of cargo space most important criterion of carrier service for shippers & forwarders, shows survey
Consortium established to promote zero-emission electric vessel
J. M. Baxi executes crew change at Mumbai, Paradip & Dhamra ports
Protocol on inland water transit & trade between India & Bangladesh boosted
Huge export potential seen in agriculture & food sector following deregulation
Khadi face mask exploring global markets
DP World Cochin handles 50,000 TEUs in 50 days of lockdown
Import-laden containers moved from JN Port Terminals to Container Freight Stations (CFSs) and cleared by importers from March 23 to May 20, 2020
Port of Rotterdam reduces frequency of Covid-19 meetings
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 20, 2020
Electronic Sealing-Deposit in and removal of goods from Customs Bonded Warehouses
Restrictions on inter-state movement seen coming in way of economic activities
MbPT Chairman visits Covid Health Care Centre, interacts with patients & medical staff
Le Havre pilot station to get major simulator upgrade One of Europe's longest established pilotage operations, the Le Havre pilot station in France with roots going back to the 16th century, is to get a cutting-edge 21st century navigational simulator. The
PODCAST: All American Marine's Ron Wille In this edition of Listen Up!, we hear from Ron Wille, business development manager at Bellingham, Wash., shipbuilder All American Marine (AAM) . Wille joined AAM in 2018, but has had a
AWO members elect Crowley's Art Mead as Chairman The members of the American Waterways Operators, the national tugboat, towboat and barge industry association, elected a new slate of leaders this week during the association's Spring Board of Directors / Annual
VIDEO: Japanese consortium moves ahead on all-electric tanker project Coastal shipping in Japan faces structural issues that include aging vessels and an aging seagoing workforce leading to a shortage of mariners. Meantime, the industry is under pressure to reduce emissions of
Teekay Tankers reports best first quarter in ten years Vancouver, B.C., based Teekay Tankers Ltd. (NYSE: TNK) reported adjusted net income of $110 million for the quarter ended March 31, 2020, compared with $14.6 million in the first quarter of last
Good day for South Korean shipbuilders Two major South Koreans shipyards reported significant orders today, according to Yonhap news agency reports. Hyundai Heavy Industry Group disclosed that it has signed a $178 million contract to build two 300,000
Tankers monopolise waning Greek newbuild interest The latest uptick in shipbuilding activity began in early May with a contract from CM Lemos for two firm suezmaxes...
Shipping sanctions ambiguity to extend beyond US election The latest guidance from the US on sanctions helpfully 'freshens' up existing recommendations and collates them in one place. But...
Ports must push for recognition of vital role in supply chain Full impact of pandemic is yet to be felt in port finances and may affect future investment plans
Remote pilotage should be a last resort even in a health crisis Standard Club's advice remains for the procedure to be performed only when it is a mandatory requirement according to port...
New UK terminal completes trial ahead of opening New terminal will become largest in the UK for unaccompanied ro-ro freight
James Sherwood, containerisation pioneer and entrepreneur, dies at 86 James Sherwood has been described as a genuine entrepreneur, full of enthusiasm and ideas, and who can justly claim to...
Ports call for continued UK government support BPA calls for three-pronged approach to helping ports drive economic recovery
Tanker stocks downgraded as oil market rallies Assessments of daily earnings on key routes for crude and product seaborne transport have dramatically plunged over the past month
Yard Talk | A bet on a nation's fortune The merger of China's two largest state shipbuilding groups has gained the combined entity more weight in the eyes of...
MOL joins project to launch first zero-emission electric tanker The 'e5 consortium' - comprising seven companies, including MOL and Mitsubishi Corp - plans to launch the world's first zero-emission...
Daily Briefing Free to read: Floating storage peak exposes tankers to post-crisis demand | Evergreen and Yang Ming in talks over state-aid...
Brightoil settles with creditors Brightoil had earlier disposed of its 15-ship fleet to reduce debt pressure
HHI wins $178m twin VLCC order Hyundai's last order was a pair of suezmaxes ordered at the beginning of May, also by an undisclosed European owner
P&I club correspondents on frontline as sector navigates pandemic Correspondent networks have been essential to the ability of P&I Clubs to maintain service levels, despite the significant restrictions imposed...
Virgin Voyages pushes back Scarlet Lady's debut to October
Pistiolis childhood dream comes true with VLCC debut order Greek owner's Central Shipping Group expands into VLCC segment with order for firm pair at Hyundai
Capes fare better in Pacific amid Brazil's iron-ore troubles Mines shutter in the country as coronavirus spreads
Teekay LNG expects no LNG charter cancellations for its fleet Chief executive Mark Kremin says company recognises the 'unprecented volatility and uncertainty' in the markets
Teekay Tankers eyes more asset sales after securing front cover Suezmax and aframax specialist also repays $200m worth of debt in move to increase financial flexibility
DSME scoops $340m newbuilding contract for LNG floating unit But shipbuilder must wait on 'mystery' project's final investment decision before deal becomes effective
Officer fights for law change after Wallem sex discrimination ruling Sophia Walker has union backing to remove loophole preventing protection on non-UK-flagged ships operating overseas
Want a charter rate cut from SFL? 'We usually politely decline' Boss Ole Hjertaker says it has received no contract renegotiation requests except from shareholder John Fredriksen's Seadrill.
Transport Capital exits boxship market as asset values drop Sale of feedership comes as containership prices are set to fall further
Japan mulls new ship finance scheme to help struggling yards Could new funding structure eventually replace traditional 'Jolco' Japanese lease deals?
Skarsgard relishes challenge of growing Belships in a world in turmoil Bulker boss outlines strategy for expanding fleet and shareholder base
Time to sell: Cleaves downgrades a tanker sector facing 'new reality' Investors advised to offload stock as era of 'incredible earnings' ends
Chembulk Tankers meets expectations but forecasts pandemic uncertainty Chemical tanker owner records stable vessels earnings compared with the final quarter of last year
Teekay gas unit locks LNG fleet into charters for 2020 Teekay Corp spinoff says long-term contract cover means pandemic fallout has had "minimal impact" on operations
Warning for older crew as 72-year-old master crushed UK state accident investigator says more than 40% of seafarers killed in accidents are over 50 years of age
Going once: An inside look at a live auction as Greek bulker snapped up Broker CW Kellock coordinates international Zoom call to sell Smooth Navigation bulker
Norwegian extends fleet lay-up a fourth time, until end of July Cruise majors fall modestly on Wall Street in early afternoon Wednesday
Teekay Corp untouched by pandemic as it cuts debt by $580m Tanker, LNG carrier and FPSO group back in the black as it sails through crisis almost unscathed
Total hunts up to four dual-fuel LR2 tanker newbuilds Energy major issues tender for 'high-spec' product carriers, shortly after securing charters for two LNG-powered VLCCs
Teekay ties up nine tankers as it reports 'best quarter in a decade' Suezmax and aframax specialist also repays $200m worth of debt in move to increase financial flexibility
Cargoship crew take refuge in citadel as pirates attack Nigerian navy responding to incident involving vessel off Bayelsa state
Marine insurers prepare for more shipowners to put vessels into lay-up There are indications from the insurance world that an increasing number of owners are considering laying up tonnage
Euronav to pursue $216m buyback after shareholders fall in line Tanker giant finally wins investor approval to hoover up stock
State-backed white knight tipped to bail out Pacific International Lines State-backed financial benefactor speculated to be waiting in the wings to help the troubled liner company
Talk of state-backer for PIL comes as Singapore seen needing national carrier PIL managing director Teo Siong Seng's stature in the Singapore business scene may help win funding for the company
Teekay confirms missing officer not on board suezmax Forensic investigation into Cristito Acosta's disappearance begins in South Africa
Hyundai Heavy bags double VLCC newbuilding deal South Korean shipowner adds to suezmax deal secured from Greek owner CM Lemos earlier in May
Wintermar defies Covid-19 as it returns to the black Further sharp decline in charter rates due to virus ruled out, as many OSV firms already operating at low or even negative margins
Russian LPG cargoes arrive in India in potential new trade Sibur looks to alternative markets after drastic fall in European consumption due to lockdown
Port Houston 'famous' for COVID-19 response Quick action sets the bar for terminal operators across the country, says Agriculture Transportation Coalition chief
Breaking: FAA approves cargo to ride in passenger seats One of the big innovations for passenger airlines during the coronavirus era is using their planes as dedicated cargo haulers. Cargo 2.0 was putting boxes...
National Shipper Advisory Committee for FMC gets Senate push Panel of importers and exporters will advise the U.S. Federal Maritime Commission on policies of competitiveness, reliability, integrity and fairness in ocean shipping.
Seroka: Information flow vital for ocean container moves Port of LA chief promotes nationwide port optimization system to enhance visibility and improve execution
FMC's Dye keeps eye on COVID-19-challenged US supply chains U.S. Federal Maritime Commissioner Rebecca Dye said Fact Finding 29's work will help the American ocean shipping industry better prepare the supply chain for the...
Governments help correct COVID distortions in airfreight market At least two governments, Australia and New Zealand, are helping to correct distortions in the airfreight market.
Airlines highlight hygiene efforts to win back customers The word of the day: deep clean. Except for picking up trash, cleaning airplanes before the coronavirus happened mostly after a long day of flying....
European jet paper cracks hit 7-week high amid refinery run cuts Northwest European jet swap cracks have hit a seven-week high as positive sentiment buoys the paper market, while refinery run cuts bite.
Cosmo sees Japan's gasoline, gasoil demand drop bottoming by Oct-Dec Cosmo Energy Holdings said Thursday it sees Japan's gasoline and gasoil demand bottoming out by October-December and recovering to pre-coronavirus levels by January-March 2021, but expects the country's jet fuel demand to see a drop of 20-30% year on year in the first quarter of next year.
Small-scale LNG terminal in Poland takes next step In a bid to increase the use of LNG as a fuel in both maritime and road transport, a feasibility study for a small-scale LNG terminal in Gdansk has been completed with the next step being a decision on whether to precede with the project, Lotos Group said.
Med refineries unlikely to hike runs as bad margins offset rising road fuel demand Mediterranean refineries are unlikely to ramp up their run rates in the short term as refinery margins remain poor despite an uptick in demand for diesel and gasoline in Europe as countries ease restrictions introduced to combat the COVID-19 spread, according to traders.
Japan's ANA sees June domestic flight cancellation rate at 69%, down from 86% in May Japan's top airline All Nippon Airways said Thursday its domestic flight cancellation rate for June was 69% of its fiscal 2020-21 plan for the month, compared with 86% in May, as it sees some recovery in flight bookings - a move welcomed by local refiners for its potential to increase jet fuel demand.
China's key oil product exports set to fall to multiyear lows in May China's total exports of gasoline, gasoil and jet fuel are expected to fall to a multiyear low, possibly below 2 million mt, in May amid negative export margins, refining sources and analysts said this week.
Oil product stocks surpass 30 mil barrels for first time Oil product stockpiles at Fujairah on the UAE's east coast have surpassed 30 million barrels for the first time, with inventories of both middle distillates such as jet fuel and heavy distillates such as marine fuel hitting all-time highs, data released Wednesday by the Fujairah Oil Industry Zone showed.
Mixed EIA inventory update caps morning rally, sends RBOB lower NYMEX RBOB prices settled in the red Wednesday following an unexpected build in US gasoline inventories last week.
JAPAN DATA: Mar bonded bunker fuel oil sales rise 27% on month to 2.96 mil barrels Sales of bonded marine diesel rose 12.9% on month to 53,836 barrels in March.
Sinopec poised to benefit from rising China marine fuels output: sources Sinopec is estimated to meet around 40% of 1 million mt/month or so of bunker fuel sold to ships calling at Chinese ports.
Persian Gulf to Japan VLGC rates slide to 14-month low "Rates ex AG (have been) falling because of lesser tons in May as Saudi cuts, Indians seems to have taken too much cargoes and have been looking to re-sell," a source said.
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