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JANUARY 22, 2025

Supply chains being revamped worldwide to adhere to fragmented global environment: Report CONquest 2025 - Business Forum & Northern India Multimodal Logistics Awards 2025 to bring the fraternity together for a topical deliberation and deserving recognitions in New Delhi on Feb. 7 DPA achieves single-day dry cargo handling record ADB team visits Haldia to explore potential for rail-based cargo movement connecting Bhutan and Nepal Export of 1 MT sugar allowed Aframax tanker freight rates on the Kozmino-China route at a high India prepares trade strategy to meet Trump moves on tariffsa India to launch National Critical Mineral Mission to reduce imports 'Further digitalisation and automation of freight operations could be prioritised to improve efficiency and reduce the cost of logistics' SCMTR being implemented in a phased manner at ports Minister inaugurates key development projects at JNPA Panama rejects Trump's pledge to take back the Panama Canal Blue Dart launches India's largest Integrated Operating Facility in Delhi Asia rates remain high despite seasonal slowdown Air Kerala announces CIAL to be its hub for ops FedEx Surround all set to drive smart logistics in India

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JANUARY 22, 2025

30 million t logistics package finalised Prepared for the transition to e-mobility Qantas Airways joins Aapa Edray picks COO Savannah speeds Indian cargo by eight days Major order for Rheinmetall Man CN Logistics launches international charter flights Transco founds new customs business Kalmar and MPDC deepen collaboration "Curiosity of the Day" A second managing director for AeroLogic Deploying the newest ETV in the kingdom Northern route now allows refrigerated rail transport

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JANUARY 21, 2025

Cargo sector concern after shock admin change at the TSA Xeneta appoints Marie-Pierre Rogers as new board of directors chair Returning to Suez and rates: the shipping contract conundrum Expeditors in court - new motion in, new allegations emerge South Korea moves to support export supply chains as tariffs loom Déjà vu: Well, shake it up, baby, now (shake it up, baby) Maersk and Hapag-Lloyd shuffle port calls on transatlantic services More than 220 China-built ships at risk from US trade reprisal US transport chief slams rail carriers for retaliation against critics Service return to using Suez Canal 'just a one-off' says CMA CGM

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JANUARY 21, 2025

Trump executive order pauses offshore wind leasing Among the slew of executive orders signed by President Donald J. Trump yesterday was one announcing a "temporary withdrawal of all areas on the Outer Continental Shelf from offshore wind leasing and Flemish Government orders new methanol-ready hybrid pilot boat Belgium's Flemish Government has ordered a new 80 meter EUR 54.36 million battery hybrid pilot boat. Its current Pilot Boat 1 and Pilot Boat 7 are due for replacement and the new SEFE and Höegh Evi to develop international clean hydrogen supply chains German government-owned energy company SEFE and FSRU-owner Höegh Evi have signed a Memorandum of Understanding (MoU) to jointly develop international supply chains for clean hydrogen to be delivered to Germany and other

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JANUARY 21, 2025

Hiab secures major US orders for MOFFETT forklifts and HIAB cranes Hiab, part of Cargotec, has secured substantial orders for MOFFETT truck-mounted forklifts and HIAB loader cranes in the United States. Two major customers in the home improvement sector placed MOFFETT orders valued at US$20.1 million. Separately, a roofing and building materials distributor ordered a combination of MOFFETTs and HIABs totalling US$6.1 million. These orders were recorded in Q4 202 EQUANS and INOCEL join forces to revolutionize decarbonized energy solutions EQUANS and INOCEL have announced a partnership to develop an energy storage and production solution utilizing decarbonized hydrogen. This collaboration combines the expertise of INOCEL, a leader in high-power hydrogen fuel cells, and EQUANS, a global leader in the energy and services sector, to address the challenges of low-carbon energy production. The goal is to provide a turnkey, high-performa Houthis permit tanker passage through Red Sea, but uncertainty remains In a significant development, Yemen's Houthi group has granted passage to US and British ships and tankers through the Red Sea without targeting them. This decision aligns with the broader ceasefire agreement in Gaza, hinting at a potential de-escalation in regional hostilities. Panama Canal in the Spotlight of Geopolitical Developments After Trump's Inauguration In his first hours as the 47th President of the United States, Donald Trump initiated significant changes impacting the maritime sector, including efforts to regain control of the Panama Canal, proposing a new name for the Gulf of Mexico, and withdrawing from the Paris Agreement. In the wake of Trump's speech yesterday, Panamanian authorities said they have initiated an audit of Hutchison Ports. Common Mistakes to Avoid When Filing a Personal Injury Claim When filing a personal injury claim, avoiding common mistakes can greatly strengthen your case. Seek immediate medical attention, as untreated injuries can worsen and complicate your claim. Document evidence thoroughly, including photos, witness statements, and medical records. Stay mindful of deadlines, as missing them can result in forfeiting your right to compensation. Exercise caution when sp The Benefits of Hiring a Car Accident Lawyer vs. Going It Alone Hiring a car accident lawyer offers you significant advantages over trying to handle your auto accident case alone. They understand the complex legal jargon and can navigate the intricacies of your case, ensuring you don't overlook essential details. A lawyer maximizes your compensation by expertly calculating damages and using effective negotiation strategies against insurance companies that oft Houthis will probably reduce attacks on Red Sea, Israel-Hamas ceasefire holds, but resumption very likely The Houthis will likely reduce the frequency of attacks on shipping in the Red Sea while the ceasefire remains in place, but the ceasefire is very likely to collapse beyond its initial phase. The Houthis claimed in their statement on 19 January that attacks on Israeli-owned vessels would also cease if all three proposed phases of the ceasefire were implemented, which currently include the Israel PSA Ventures to accelerate sustainable innovation in global supply chains PSA International has announced the evolution of its innovation and startup accelerator platform, PSA unboXed, into PSA Ventures-a venture capital arm and venture builder. Building on the solid foundation of PSA unboXed, PSA Ventures will expand its scope beyond supporting startups. It will focus on commercializing intellectual property developed through partnerships with research institutions an Wan Hai leases containers from SeaCube Wan Hai has agreed to lease over 5,000 containers from SeaCube Leasing for more than US$30 million. In particular, the Taiwanese liner operator said in a Taiwan Stock Exchange filing that it will rent 5,350 boxes for US$34.95 million. Like several liner operators, Wan Hai has been procuring more containers in line with a growing fleet, after soaring profits in 2024 in the wake of the Red Sea cris Sallaum Lines partners with Wärtsilä to accelerate decarbonization efforts Technology group Wärtsilä has secured an order to supply its EnergoFlow solution and Fixed Pitch Propellers (FPP) for three Pure Car/Truck Carrier (PCTC) vessels owned by Sallaum Lines, a global RoRo cargo operator. These upgrades will significantly enhance the propulsion efficiency of the vessels, leading to reduced fuel consumption and lower CO2 emissions. Wärtsilä booked the order in the fourt Best Practices for Managing Employee Benefits in the Logistics Sector to Boost Retention & Efficiency Photo by Tiger Lily on Pexels Managing employee benefits in the logistics sector can feel like navigating a complex supply chain. With a workforce that often operates around the clock, ensuring competitive and well-structured benefits is crucial for attracting and retaining top talent. It's not just about offering perks-it's about tailoring solutions that meet the unique needs of an industry driv Personal Care and Long-Distance Travel: Tips for Comfort and Well-Being Photo by Vladimir Srajber on Pexels Long-distance travel can be thrilling, but it often takes a toll on our bodies and minds. From jet lag to dry skin, the challenges of staying fresh and healthy while on the move are real. As we navigate time zones and cramped spaces, personal care becomes more than just a routine-it's essential for maintaining our well-being. But how do we strike the right bala Aureabase Review: Learn Online Trading Today! [aureabase.com] The emergence of various trading platforms is motivating the young generations continuously to be involved with online trading. However, there are

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JANUARY 21, 2025

Mercurius back at New Jiangzhou Shipyard for more chemical tankers Dutch owner Mercurius Shipping has returned to China's Jiangxi New Jiangzhou Shipbuilding Heavy Industry for more stainless steel chemical tankers. The inland waterway shipping player has signed up for a pair of 6,000 newbuilds, with delivery likely by June and September 2026. No price has been given for the 135-m-long vessels, the same as with ... Østensjø Rederi rakes in over $260m in vessel contracts and extensions Norwegian offshore shipowner and operator Østensjø Rederi has revealed several new contracts and extensions for its fleet worth approximately NOK 3bn ($263m). The company agreed to extend existing contracts with DeepOcean for the 2016-built Edda Freya and the 2008-built Edda Flora through 2026 and the 2008-built Edda Fauna through 2027. The start of the contracts ... Global Energy and Towngas team up for methanol bunker supply Singapore's Global Energy Trading, part of Global Energy Group, and The Hong Kong and China Gas Company (Towngas) have signed a memorandum of understanding (MOU) to develop green methanol supply solutions for the shipping industry across Asia. Towngas has a methanol production plant in Ordos, Inner Mongolia, employing proprietary technology to convert biomass and municipal ... Höegh Evi and SEFE partner on hydrogen supply chain development Norwegian marine infrastructure provider Höegh Evi has teamed up with Berlin-based Securing Energy for Europe (SEFE) to develop clean hydrogen supply chains for Germany and Europe. The company formerly known as Höegh LNG has signed a memorandum of understanding that will see the duo jointly analyse the technical and commercial feasibility of various corridors for ... Next Geosolutions wins pair of deals worth $42m from Prysmian Italian cabling giant Prysmian has awarded two contracts worth €41m ($42.5m) for work on UK subsea power systems in the North Sea to compatriot Next Geosolutions. The deal is for detailed survey services that will provide data for the design and engineering of the Eastern Green Link 1 and 2 submarine power cable systems. NextGeo ... Pleiades swells LR1 orders at New Times Greek tanker owner Pleiades Shipping is pressing ahead with its fleet rejuvenation programme with three additional LR1 newbuilds in China. The Kifissia-based company has revealed a 73,000 dwt trio booked at New Times Shipbuilding for delivery in 2028. Last October, brokers reported a deal for two firm and two optional units costing around $55m each, ... Gulf Marine Services secures vessel contract extension London-listed liftboat operator Gulf Marine Services (GMS) has won a contract extension for one of its vessels operating in the Gulf Cooperation Council region. According to the company, the extension is for one of its large-class vessels and will last a total of 171 days. Financial details of the deal and the customer were not ... Trump makes good on promise to halt offfshore wind The freshly inaugurated 47th president of the United States, Donald Trump, signed many executive orders during his first evening in office, one of which directed the Treasury Department to freeze new offshore wind leases on the country's outer continental shelf. This particular move has been in the headlines for some time, ever since Republican representative ... Fratelli Cosulich adds to methanol-ready bunker tankers orderbook Italian owner Fratelli Cosulich has firmed up one more methanol-ready chemical bunkering tanker newbuild at Taizhou Maple Leaf Shipbuilding in China. The deal covers a 7,999 dwt IMO type 2 bunker vessel, designed to carry a variety of cargoes, including fuel oil, biofuels, and methanol. Last July, the Genoa-based company booked up to four newbuilds ... Panama Canal, Paris Agreement and Gulf of Mexico: the three shipping takeaways from Trump's first hours back Wresting back control of the Panama Canal, renaming the Gulf of Mexico and exiting from the Paris Agreement were three of the shipping takeaways in the first hours following the inauguration of Donald Trump yesterday as the 47th president of the United States. Trump wasted little time getting down to his agenda, signing many executive ... Galaxy Leader crew's 14-month incarceration by the Houthis nears its end It has now been 429 days that the crew of the Galaxy Leader car carrier have been held hostage by the Houthis in Yemen. However, for the first time during this 14-month incarceration there is hope that the 25 crewmembers could be freed imminently in connection with the phase one ceasefire agreed between Israel and ... Huge slice of the global dry bulk and tanker fleets approaches retirement age A year is a long time in shipping as new data on global fleet ages clearly shows. Greek broker Xclusiv Shipbrokers has some sobering statistics on the growing vintage state of the global dry bulk and tanker fleets. "Turning into 2025, vessels have added one year to their age, significantly altering the current discussion around ... Shipping coalition deploys novel tech in bid to slash methane slip Safetytech Accelerator, in collaboration with Chevron, Carnival Corporation, Shell and Seapeak, has completed three technology feasibility studies as part of its flagship Methane Abatement in Maritime Innovation Initiative (MAMII). The results of these feasibility studies showed potential to cut fugitive methane emissions in the maritime industry. MAMII is exploring options to advance these resea Mitsui OSK Lines debuts MOL CART Mitsui OSK Lines (MOL) has launched a new business-to-consumer (B2C) called MOL CART providing an international delivery and forwarding service for overseas residents, as well as serving as

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JANUARY 21, 2025

VLCC spot rates sink 11% despite US sanctions on Russian cargoes US sanctions are pushing down the pricing of Russian Urals and EPSO crude, and pushing up freight rates for shadow... Tanker and bulker fleets look older a year on, says Xclusiv Trump administration's action against Chinese builders, if it comes, is 'problematic' in view of industry's need for yard capacity Capital partners Force Technology for 'first' XR bridge simulator in Europe System seen not only as empowering seafarers to meet industry requirements but reducing environmental impact of training activities CMA CGM first to buy Wartsila methane-cutting tech French container line CMA CGM has ordered Wartsila's new EnviroPac add-on to cut methane slip from eight 9,200 boxships it... Baltic Dry Index sinks to its lowest point in 19 months Both the panamax and supramax segments continue to struggle but the foundation stone of capesizes has also began to fall... BHP announces strong copper and iron ore production in half-year results Australia-based BHP's iron ore production could once again break records in 2024/25, with guidance set at 255-265.5m tonnes Big questions remain on IMO carbon price and fuel standard The IMO has heard 'serious concerns' about the lack of in-depth discussions on how its carbon pricing tool will work... Containership charter rates stay firm as potential Red Sea return looms Charter rates remain firm but a reversal could be looming should vessels return to the Suez Canal. Up to 2m... Contships aims to issue $100m Nordic bond Arctic Securities and Fearnleys appointed joint bookrunners Adnoc L&S switches management of 20 tankers to Navig8 in integration push Switch in commercial management follows the completion of 80% acquisition of Navig8 by ADNOC L&S earlier this month Galaxy Leader crew to be released soon, says Houthi leader After 429 days in captivity, the crew of car carrier Galaxy Leader could be nearing the end of their ordeal... China's shipbuilders ride order boom to new heights but geopolitical headwinds loom Chinese shipbuilders scored significant gains in orders and market share in 2024, but rising geopolitical tension, particularly with the US... West of England to expand war risk offering in wake of Gaza ceasefire Richard Turner anticipates slow resumption of Red Sea and Israel trade as networks and schedules are rearranged The Daily View: Slow returns Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping South Korea's 'Big 3' builders poised to post first collective annual profit since 2011 HD KOSE, Hanwha Ocean and Samsung Heavy are expected to report full-year operating profits collectively for the first time in... MOL completes Gearbulk acquisition to expand open hatch fleet Japanese shipping giant has consolidated Gearbulk into its balance sheet with a 72% stake, expanding the group's dry bulker fleet... Daily Briefing Houthis announce partial stop to Red Sea attacks | Red Sea shipping return inches closer but freight rate plunge feared...

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JANUARY 21, 2025

Prologis sees post-election rush for logistics real estate in US Increased demand and diminishing new capacity will lead to an inflection point for logistics rents in a stronger second half of 2025, executives at the real estate developer say. Trump appoints Louis Sola to chairman's slot at FMC Just ahead of November's election, then-Commissioner Sola laid out "America First" initiatives during an October speech, highlighting the further development of LNG export facilities and the fuel's impact on ship bunkering. Flexport alums arm 3PLs with tools to refine shipper outreach A startup founded and backed by ex-Flexport sales executives is aiming to help shippers manage the flood of outbound sales efforts they receive from logistics providers.

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JANUARY 21, 2025

US-listed tanker stocks continue three-day nosedive after gains Equities struggle on a big day for stock market on first Trump trading Bulker owners sweat on US tariffs with big ships facing largest hurdles in 'challenging year' Bulker market facing demand drop with two largest commodities on the slide in 2025 Trump orders Howard Lutnick to carry out sweeping tariff review But first-day orders stops short of immediate tariffs Trump's orders deliver blow to US clean fuel funding Future funding for green fuels in limbo as Trump pauses Inflation Reduction Act disbursements MSC swerves Red Sea return as CMA CGM dips a toe back in troubled waters The worlds' largest container liner operator says the security situation remains unclear Hopes rise for release of Galaxy Leader crew Houthi spokesman says release expected in days but shipowner remains in the dark 'Infinitely complex situation': Ardmore Shipping still steering clear of Red Sea despite Houthis ceasefire Irish product tanker company mulls whether returning to shorter voyages is worth the risk Donald Trump promotes ex-shipbroker to lead Federal Maritime Commission Biden-appointed chairman Daniel Maffei to continue as commissioner Shipowners face huge settlement claims from new fuels liability blind spot These hazardous and noxious substances not covered by various liability limitation regimes, leaving owners vulnerable Greece's Perogiannakis family snaps up capesize as it returns to bulker business after over a decade away Expanding tanker player Perosea Shipping has made a dash for bulker tonnage Semiramis Paliou-backed OceanPal exits capesize bulkers with latest sale Deal for vintage vessel comes with asset values on the slide Shipowners face huge settlement claims from new fuels liability blindspot New fuels are currently not covered by various liability limitation regimes, leaving owners vulnerable Oslo-listed heavyweights cash in as Chinese buyers go head to head with MSC in S&P market Boxship S&P and charter markets keep humming despite falling freight rates Golar FLNG unit takes on first feed gas from BP project First export cargo from Greater Tortue Ahmeyim due this quarter Oil Brokerage hires former oil major man to head freight derivatives in US OB name moves on after parent's November acquisition by Poten owner Solvang unveils 'world-first' large-scale carbon capture and storage system retrofit New technology has been installed on Norwegian owner's gas carrier Clipper Eris Oil Brokerage hires former oil major man to head freight forwarding agreements in US OB name moves on after parent's November acquisition by Poten owner Big oil-backed methane abatement group targets three technologies with potential to cut maritime emissions Feasibility studies completed, with onboard trials next on agenda Ostensjo Rederi reveals offshore contracts worth $263m for six vessels Owner strikes deals with DeepOcean and other charterers Contships launches $100m bond run as first private Greek shipowner to raid Nordic market Nikolas Pateras-led firm set to break new ground by tapping investors for cash Pacific Basin beefs up board with hires from Macquarie and General Electric Hong Kong bulker owner appoints Kalpana Desai and Heather Wang Xiaojun Lucrative VLCC term deals fail as charterers nervous over 'toppy' spot rates Shipbroker Braemar reveals second thoughts on period charters as paper market weakens Peter Livanos-backed DryLog sells supramax bulker amid an 'abundance' of sale candidates Monaco-based operator obtains robust price for mid-aged bulker built in Japan 'Strong cash generation': Clarksons sees improved credit scores for shipping firms despite 'signs of soft patch' Shipping sector 'well-equipped to navigate potential challenges' India's largest shipyard Swan Defence & Heavy Industries relists on national bourses New owner aims to turn facility into one of the world's top shipbuilders New Asian operator revives long laid-up cruise veteran for luxury venture Malaysia's Berlin Capital Group is giving former German cruise ship a top-to-bottom makeover in China Shell closes in on owners and investors for LNG bunker vessel newbuilding orders Three names left on shortlist for multi-vessel tender Replacing taxes with tariffs: Donald Trump reimagines trade policy by making America the 1790s again New US president wants to shift government's revenue burden from income to imports Tufton Assets likes the look of tankers as sanctions drain tonnage pool UK investment fund also says new US administration's policies could have a big impact Donald Trump inks executive order overturning Joe Biden's freeze on new US LNG export permits US Natural Resources Defense Council calls out decision as 'misguided' Greece's Peroyannakis family snaps up capesize as it returns to bulker business after over a decade away Expanding tanker player Perosea Shipping has made a dash for bulker tonnage John Fredriksen emerges behind $360m offshore ship order at Kuok Maritime yard Tycoon said to have expanded oil and gas support vessel operations with deal at PaxOcean N2 Tankers beefs up aframax tanker fleet with addition of Japanese-owned newbuilding Arrival of Southern Respect sees Singapore-based operator boost number of tankers under its control to 11 vessels Putin feels sting of US sanctions as traders point to dwindling dark fleet tanker supply New US blacklist causing problems for Russian oil exports Houthi 'horror story': Owner of hijacked car carrier hopes seafarer suffering nearing end Rami Ungar's Ray Car Carriers says seafarers have been treated as pawns by Houthis Navig8 takes over management of 20 Adnoc L&S tankers after $1.1bn acquisition London pools operator says move cements alliance of the two companies Northern Lights hunts next LCO2 carriers as first ships home in on new plant Pioneering vessels are due to go into operation in Norway this quarter as liquefied CO2 shipping gets real MOL completes acquisition of Norwegian open-hatch bulker operator Gearbulk Japanese shipowner has 338 bulkers in its fleet now that takeover has gone through India's largest shipyard Swan Defence and Heavy Industries relists on national bourses New owners Swan Defence and Heavy Industries plan to turn yard into one of the world's top shipbuilders New Asian operator revives long laid up cruise veteran for luxury cruise venture Malaysia's Berlin Capital Group is giving former German cruise ship a top-to-bottom makeover in China Attica Group giving two veterans of the Greek ferry industry the heave-ho onto recyclers Long-serving sisters sailed with Anek Lines for nearly three decades

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JANUARY 21, 2025

Asia-US container rates decline in slack season Weaker container rates for Asia-U.S. volumes could give way to increases, but that depends on carriers' plans in the coming weeks, said analyst Freightos. Israel's Challenge Group prepares to fly all-new 777 converted freighter Challenge Group is beefing up its order for 777-300 converted freighters. It is an early adopter of the aftermarket freighter and will likely be the first operator in Europe.