Copenaghen - According to Risk Intelligence, it “is affecting all modes of transport across the logistic supply chain.” The Danish company will partner with the Transported Asset Protection Association to enhance the visibility of cargo theft
London - European diesel refining profit margins have tumbled as a slowing global economy has hit fuel demand harder than forecast despite expectations of a boost from new fuel shipping rules
Rotterdam - The Port of Rotterdam has installed an air quality sensor, an application with real-time readings displays vessel emissions for inspectors when vessels enter or leave the port
Singapore - Saudi Aramco’s shipping arm Bahri has issued an expression of interest (EOI) to charter up to 12 liquefied natural gas tankers from 2025
New York - U.S. transportation infrastructure growth will continue moving more or less in step with levelling off GDP next year, according to Fitch Ratings’ 2020 outlook report
To further expand and develop its European logistics services, Danish shipping and logistics company DFDS has acquired 100% of the share capital of the Dutch logistics company Huisman
Singapore - The Maritime Port Authority (MPA) of Singapore has revoked the bunker supplier license of Inter-Pacific Petroleum
London - IMO 2020 fuel regulations take effect Jan 1. Logistics rather than fuel supply causing delays.
Athens - Pirates have kidnapped 19 crew members from a crude oil tanker off Nigeria in an area where acts of piracy are on the rise
Tokyo - Japan is working on a plan to send about 270 seamen to the Middle East to guard ships supplying Japan under a law that allows military deployments for research and intelligence gathering
Paris - Container shipping firm CMA CGM will use the French Mediterranean port of Marseille for refuelling some of its planned gas-powered vessels, backed by a supply partnership with energy group Total
Seoul - South Korea’s auto exports are tipped to suffer a slump for the seventh consecutive year in 2019 in terms of volume due to lower demand in emerging markets
London - Exchange operator CME Group said on Tuesday it would be the first futures exchange to launch trading of three liquefied natural gas (LNG) freight futures contracts on Dec. 23
Aarhus (Denmark) - Denmark’s Unifeeder, part of the United Arab Emirates’s global port operator DP World, has acquired a 77% stake in The Feedertech Group, a Singapore-based feeder and shortsea operator
London - Underlying vessel operating cost inflation accelerated moderately in 2019 on higher repair & maintenance and insurance spend, says the shipping consultancy Drewry in its latest report
London - Fears about a shortage of diesel and other middle distillates stemming from new marine pollution regulations have receded, with distillate premiums falling to some of the lowest levels for two years
Copenhagen - Danish international shipping and logistics company DFDS has entered into two mutual space charter agreements with the Luxembourg based freight only ferry operator CLdN Cobelfret
Oslo - MPC Container Ships reported for the 9 month period ended 20 september 2019 a minus 11,435 million dollars loss, but the company foresees attractive opportunities and charter rate recovery potential in a IMO 2020 environment
Copenaghen - Danish shipping group Maersk MAERSKB.CO said on Thursday it would lay off staff at its main offices in Denmark and in other countries
Antwerp - The Port of Antwerp has signed a collaboration agreement with the Nigerian Ports Authority, which manages the 6 ports of Nigeria
