First emission-free inland shipping vessel on energy containers in service at Rotterdam
Maersk Canada targets landside logistics asset with new Vancouver facility to solve North American supply chain woes
Multipurpose Time Charter Index seeing steady rise
Port of Halifax welcomes direct call with India through MSC Indus 2 service
PSS on dry cargo from Abidjan to South-East Asia, North-East Asia, China, Hong Kong & Macau SAR, Indian Subcontinent, Middle East Gulf, Red Sea, Indian Ocean, East Africa, South Africa
DGTR recommends anti-dumping duty on flat-rolled aluminium products from China
Govt asks thermal power plants to import coal to tide over shortage
Indian tufted mats exports surge
AD Ports Group leased out over 2.2 million sq. m of industrial land in H1 2021
Centre ready to develop Tajpur deep sea port project jointly: Minister
JN Port offers shortest transit times for North India customers
PPT aims to boost ex-im trade with installation of new container scanner
Container shortage hits exporters financially
Manufacturing activity in July-Sept. quarter seen improving significantly
Signs of improved consumer confidence in several key sectors
Abreco Freight relocates to new office in Mumbai
CBDT extends due dates for filing of Income Tax returns & various reports of audit for Assessment Year 2021-22
Awind CSOVs will feature MacGregor equipment packages The two new two high-spec "walk to work" offshore wind Commissioning, Service and Operations vessels (CSOVs) recently ordered by Oslo-headquartered Awind AS will feature MacGregor equipment packages. Awind AS, is a wholly-owned
Fisheries group files legal challenge to BOEM Vineyard 1 decision The Responsible Offshore Development Alliance (RODA), a broad coalition of fishing industry associations and fishing companies, has filed a Petition for Review in the First Circuit U.S. Court of Appeals regarding the
U.K. calls for zero global shipping emissions by 2050 As what is billed as "the greenest London International Shipping Week yet," kicks off, U.K. Transport Secretary Grant Shapps has announced that the U.K. backs an absolute zero target for international shipping
Hapag-Lloyd urges shippers to reduce exposure to spot prices Hapag-Lloyd and CMA CGM have both said they will freeze freight rates even if the spot market continues to rally...
Industry mulls compulsory seafarer vaccination Policy discussion comes as leaders recount distressing stories of ill crew refused emergency medical treatment and countries refusing to disembark...
UK eyes opportunity as London Shipping Week kicks off UK shipping minister Robert Courts opened LISW with a typically upbeat show of support for maritime. The four-day event will...
'Green-obsessed' shipping needs strategy overhaul, says Stopford Shipping economist believes that the industry needs to focus on four fundamental areas that will define its future and understand...
New normal to herald paperless trading for shipping 'This time is absolutely different. It has pushed minor carriers to digitalise and we've never seen that before ... The...
Lenders to cautiously return to shipping Hot dry bulk and containers markets could tempt banks back to lending to shipping companies, but this boom is different...
Shipping ESG policies 'lack substance' Baltic Exchange forum hears that lack of common measurements for decarbonisation is confusing investors
Mangrove cashes in with $242m boxship sale to MSC Rates to continue their 'remarkable ride' this year into 2022
Tax changes required to lure shipowners back to UK flag Katy Ware, UK maritime services director at the Maritime and Coastguard Agency, which runs the UK Ship Register, says the...
London Shipping Week Daily Podcast: The unsung heroes of shipping In the first of our special London International Shipping Week daily editions of the Lloyd's List Podcast we talk to...
Governments accused of ignoring vote-less shipping It's time for the shipping industry to speak with a single voice on the major issues, but there is still...
KKR buys out Ocean Yield for $833m 'Given the long-term capital requirements of the shipping sector, including in the context of the structural trend towards decarbonisation, KKR...
Time to order tanker newbuilds? Newbuilding prices are not expected to drop from high levels any time soon and the freight markets might well have...
Ship queues in US at record high as berth waiting times lengthen A record number of boxships are waiting at anchor outside the southern Californian gateway of Los Angeles and Long Beach...
Daily Briefing Lines put brakes on rates as regulators keep close watch on supply chain crisis | Hapag-Lloyd joins CMA CGM in...
China's use of strategic oil reserves may add to tanker woes The phased release by China of crude from its strategic stocks appears to be bearish for broader tanker markets, says...
Port operations in Shanghai and Ningbo halted by Typhoon Chanthu The closure comes as the two container hubs are already mired in heavy congestion as part of the global supply...
UK calls for zero global shipping emissions by 2050 UK transport secretary Grant Shapps calls for shipping to cut its emissions to zero by 2050 at the start of...
Shipping stocks hit fresh highs amid COVID-era supply chain chaos Dry bulk and LNG shipping stocks now at 52-week peaks with container stocks not far from the top.
Cargo airline Amerijet, CEO Tim Strauss divorce after 1 year A messy leadership change is underway at all-cargo airline Amerijet.
Exporters ratchet pressure on Biden to take on shipping challenges U.S. agribusiness exporters claim they are poised to lose 22% of sales due to massive increases in container shipping rates.
Port Houston to close terminals to prepare for Tropical Storm Nicholas Container terminals will cease ingate operations and remain closed through Tuesday morning.
Horisont applies for CO2 storage license for Barents Blue ammonia project Facility will tie into the planned 3,000 mt/day low-carbon ammonia Barents Blue project in Hammerfest.
Oil climbs on strengthened demand outlooks, lingering Ida disruptions OPEC more bullish on global economic recovery, projecting world oil demand to exceed pre-pandemic levels in 2022.
HONG KONG DATA: July fuel oil imports rise 12.5% on year to 3.5 mil barrels "The lifting of the quarantine rule brought some demand back to Hong Kong and we saw demand from container ships come back," said a market source.
Singapore ex-wharf 380 CST bunker premium at multimonth high on thin availability "Demand has far outstripped supply because [ex-wharf] suppliers have committed the majority of their available oil to meet term contract requirements for September-loading," a Singapore-based trader said.
OIL FUTURES: Crude edges up amid supply worries as Tropical Storm Nicholas approaches USGC The approaching Tropical Storm Nicholas in the US Gulf Coast has the potential to approach near-hurricane intensity, likely resulting in flooding along parts of the Texas and Louisiana coasts, according to the National Hurricane Center's advisory on Sept. 12.
Asia residual fuels: Key market indicators for Sep 13-17 The Asian high sulfur fuel oil market was likely to stay firm, due to an ongoing switch from LNG to HSFO at power plants, sources said.
AMERICAS BUNKERS: Key market indicators Sept. 13-17 Latin America bunker markets were heard vigilant to the arrival of a second powerful storm on the US Gulf Coast.
EUROPE AND AFRICA RESIDUAL AND MARINE FUEL: Key market indicators this week The VLSFO physical market was expected to see continued support, after traders reported increased flows of material out of the region, particularly over to Singapore.
OPEC now predicts 2022 return to pre-pandemic oil demand, in bullish case for output hikes In its closely watched oil market forecast released Sept. 13, OPEC raised its forecast of 2022 global demand growth to 4.15 million b/d, a hefty hike from last month's 3.28 million b/d.
SINGAPORE DATA: Aug bunker sales up 0.2% on month to 4.072 mil mt Low sulfur (0.1%) marine gasoil sales were up 6.1% year on year and 3% month on month to 290,000 mt, while 0.5% MGO sales rose 6.8% month on month to 26,800 mt.
Platts decides to launch European methanol bunker fuel price assessments The decision recognizes growing market demand on the back of an increased build-out in vessels utilizing methanol as a marine fuel and related activities at this major bunkering hub.
UK call for zero global shipping emissions will need regulatory support, MBMs: asset manager "It's an extremely ambitious target and not dependent solely on [the] shipping industry to deliver it," Tony Foster, CEO and CIO of marine asset manager Marine Capital said on the sidelines of a panel discussion during London International Shipping Week 2021.
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