NYK to establish first exclusive RoRo terminal in Egypt
Cabinet approves extension of productivity-linked reward scheme for employees/workers of Major Port Trusts & Dock Labour Boards for period beyond 2017-18
JNPT taking steps to prevent spread of Corona Virus
JSW Infrastructure plans investment of INR 300 cr. to develop its first container terminal at NMPT
Pilot automated clearance of imported goods at JN & Chennai Customs likely next month
Inaccurate Surge Sealift readiness reporting threatens operational planning The Department of Defense Inspector General (DOD IG) has released a redacted version of its audit of whether U.S. Transportation Command (USTRANSCOM) provided adequate oversight of the reporting on surge sealift activation
DOF Subsea books multiple North American contracts Bergen, Norway, based DOF Subsea says it has won multiple contract awards from undisclosed clients across the North America region. They include contracts for pre-lay and LBL array installation activities in Guyana,
Five of eight locks on Illinois Waterway set to close for maintenance in July Operators and stakeholders of the Illinois Waterway-and its eight locks and dams connecting Lake Michigan and the Mississippi River-are about six months away from a lengthy waterway closure, writes Marine Log contributor
Aasen Shipping orders first hybrid self-unloaders Two 9,300 dwt self-unloading bulkers on order for Norway's Aasen Shipping will be the first vessels of this type to feature hybrid propulsion. They will be fitted with excavators that will be
WinGD develops flexible injector system for future fuels WinGD (Winterthur Gas & Diesel) has developed a flexible fuel injection system that will play a crucial role in its investigations into how to harness low-carbon liquid fuels. The system features an
International Seaways in $340 million green financing deal The core facilities in a credit deal announced yesterday by tanker giant International Seaways, Inc. (NYSE:INSW) are in line with the Poseidon Principles, the global framework used by an increasing number of
US-China 'managed trade deal' is net positive for shipping Analysts see boost for dry bulks including soyabeans and metallurgical coal, as well as crude shipments, but the jury is...
DNV GL opens new maritime gas centre in Piraeus Specialised hub is part of the class society's expansion in Greece, seen as a key emerging gas shipping market
PetroChina leads Singapore bunker suppliers The Chinese oil and gas provider becomes the largest bunkering port's biggest ship fuel supplier
The transition to autonomy must be handled sensitively A conference on AI in the maritime environment has heard that the path to autonomy is paved with good intentions...
Teekay Tankers sells suezmaxes and refinances debts Vancouver-based Teekay Tankers said the asset sales would raise about $83m, while the refinancing would be used to pay down...
Converted VLOCs exit fleet amid increased scrutiny Brazil Port State Control is said to be carrying out extra checks as a safety measure as the country continues...
International Seaways agrees refinancing deal The tanker owner revealed a pricing mechanism in new loans that will be related to the carbon efficiency of its...
Box shipping feels coronavirus impact As equipment begins to build up in Chinese ports, layup figures indicate more increased blankings following Chinese New Year closures
Shipping overcoming obstacles to digitalisation The technology behind digital shipping is achievable in the short term but human interaction must not be overlooked, conference speakers...
Dry bulk market faces uncertainty The average weighted capesize time charter on the Baltic Exchange is being assessed at $4,631 per day, well below operating...
Costamare acquires four panamaxes as earnings soar Greece-based owner says better market for larger ships as well as fleet expansion contributed to strong results in last quarter...
Daily Briefing Free to read: Bulkers snub refuelling delays at Singapore as new fuel rules take effect | Heidmar and Signal claim...
Carriers begin suspending service to China as coronavirus outbreak worsens Delta, Air Canada and Lufthansa are among the international airlines reducing or suspending flights to China as the coronavirus spreads.
Driver training group frustrated with training rule delay CVTA vows to push FMCSA for earlier implementation.
Continuing a run of good fortune, Tesla posts second quarterly profit The electric vehicle company expects more than half a million deliveries in 2020.
US imposes sanctions on Russian railroad operator Moscow-based Grand Service Express began offering service to the Russian-occupied Crimean Peninsula in December.
Insurance, claims drive Landstar earnings miss; deadly accident to impact first quarter Landstar's insurance and claims expense line hit first-quarter results, and another fatal accident results in guidance well below analysts' expectations.
MAX grounding pushes Boeing to $1 billion fourth-quarter loss Boeing's earnings and revenue failed to meet expectations, and the manufacturer revealed billions more in MAX-related costs.
Fuller to forwarders: Adapt to Amazon or perish The Amazon Effect and Uberization of Freight pose daunting challenges for logistics companies, says FreightWaves founder and CEO Craig Fuller.
House Democrats unveil $760 billion infrastructure strategy Funding likely to remain elusive for proposal that focuses on zero-carbon initiatives.
UPS hurls near-blizzard of new services at market ahead of Q4 results UPS unveils a slew of products and services ahead of tomorrow's fourth quarter results
Airline, trucking industry at odds over low-carbon fuel standard A proposed sustainable fuel mandate in Washington state highlights a divide in the transportation industry over regulations aimed at reducing carbon emissions.
Recognizing Kentucky bourbon and Tennessee whiskey in Bolivia In return, the South American country wants the U.S. to recognize singani as its national alcoholic beverage in strengthening bilateral trade ties.
Four-legged friend helping truckers navigate Northwest freight markets A challenging job in winter.
Container lines face intensifying cost squeeze Liners confront higher ship-lease rates at the very time fuel prices are spiking.
Trump signs USMCA, 'ending the NAFTA nightmare' President Donald Trump on Wednesday signed into law a revamped pact with Mexico and Canada that replaces the 26-year-old North American Free Trade Agreement (NAFTA)....
Freight Futures daily curve: 1/29 Trucking Freight Futures ended Tuesday's session mixed with forward curves pointing to lower near-term rates.
Canadian National eyes growth opportunities in intermodal, crude-by-rail Recent trade developments should help rail volumes improve, particularly in the second half of 2020, executives said.
Ex-Celadon CEO Paul Svindland lands new job at STG Logistics Third-party logistics firm STG Logistics has tapped Paul Svindland, former chief executive of bankrupt Celadon Group Inc., to lead its company.
Less volume drives down Northfolk Southern profit Railroad giant Norfolk Southern Corp.'s fourth-quarter profit declined 5% as the company hauled 9% less freight, officials said. Norfolk Southern (NYSE: NSC) reported its operating...
Knight-Swift's numbers were as bad as expected but with some signs of hope Wall Street reacts positively to a projection for the rest of the year.
Schneider misses the mark to close 2019, but 2020 outlook does not Schneider National's fourth quarter suffered from a "muted peak season" and softer rates. However, the carrier's 2020 outlook calls for improving fundamentals.
Train of Northwest snowstorms keeps rolling (with forecast video) Broken record alert - another storm is moving through the Northwest. This means the Cascades will be slammed with more snow or rain, depending on...
Today's Pickup: Trucker recounts harrowing bald eagle strike on I-95 - and miraculous outcome Scott Burke expected the worst when the bird of prey hit his fully loaded Kenworth tractor-trailer going 50 mph. Instead, he got his rig to...
2019 North American TransBorder Freight Numbers Total TransBorder Freight: $107.1B of TransBorder freight moved by all modes of transportation, down 3.3% compared to October 2018Most-used mode: Trucks moved $68.2 billion of...
Ocean carrier reliability coming further in crosshairs Liner delays put billions in inventory and assets on hold, leading to more efforts to quantify impact.
Higher revenue boosts Canadian Pacific's fourth-quarter profits Revenue gains for grain, energy, chemicals and plastics provide boost.
Drilling Deep: What comes after the breakup of XPO? It's a bold plan and FreightWaves' Mark Solomon has plenty of experience covering XPO to give us a unique perspective.
Do legacy brokers still have the juice? The impact of new technology in freight brokerages and how it is changing compensation.
Funding secured, Baton Trucking takes aim at driver detention Startup Baton Trucking believes it can eliminate waste and detention through a drop yard network.
Mexico needs to get serious about bringing investors into energy sector, say experts The Mexican government needs to send the right signals that it is serious about bringing back most needed investment in the energy sector, panelists said Tuesday during an industry event.
REFINERY NEWS: PDVSA restarts Amuay at 7.8% of capacity Venezuelan state-owned PDVSA restarted its Amuay refinery at 50,000 b/d or 7.8% of its capacity, according to a technical report released Wednesday.
Appraisal work to dominate Hess, Guyana partners' activity in Stabroek development With first production now on stream from deepwater Guyana, Hess Corp. is working on the development of multiple production phases that will likely outnumber the five already targeted in the next five years, company officials said Wednesday.
Europe Hi-5 bunkers spread narrows by a third since IMO implementation The pricing differential between 0.5% VLSFO and 3.5% HSFO bunkers, also known as the Hi-5 bunkers spread, has declined considerably since IMO 2020 came into effect, as participants eye up various options for IMO 2020-compliance following its implementation.
Americas MR freight drops 13% ahead of refinery turnarounds An influx of ballasters and a dearth of fresh cargo activity has prompted Americas tanker freight to drop as much as 13% on key routes in the last week of January, and market participants expect the downturn to continue into February as refinery maintenance season in the US Gulf Coast starts up and bunker prices continue to slip.
East/West diesel spread down sharply from six-month high on coronavirus The spread between Singapore 10 ppm diesel swaps and ICE low sulfur gasoil futures -- a key indicator of the arbitrage between Asia and Europe -- fell sharply in Asian trading Wednesday, hit by fears of demand destruction as a result of the coronavirus outbreak.
US EIA says Gulf Coast ULSD stocks build to over two-year high Ultra low sulfur diesel stocks on the US Gulf Coast rose 1.96 million-barrels to 41.11 million barrels for the week ended January 24, Energy Information Administration data showed Wednesday.
Oil mixed following US crude build; OPEC signals coronavirus response Oil futures settled mixed after US Energy Information Administration data showed a larger-than-expected US crude build last week.
FUJAIRAH DATA: Oil product stocks hit 5-week high as middle distillates jump 27% Total stocks rose 1.2% on week to 21.561 million barrels, the highest since December 23, with middle distillate stocks surging 27% over the same period.
French union calls on ports to suspend operations Wed There have been protests at most refineries and ports in France since December 5, 2019 over the pension reform plans.
ARA diesel crack drops to two-year low amid coronavirus fears "The market was bad last week but it is looking worse today," a diesel cargo trader said Monday.
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