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UAE Shipping Directory wish you a very happy Holiday Season -
UAE Shipping Directory wish you a very happy Holiday Season and a prosperous New Year

The Maritime Standard Awards showcase regional quality and achievement -
The fourth annual The Maritime Standard Awards, held on Monday 23rd October 2017 at the iconic Atlantis Ballroom, on The Palm, set a new standard for regional awards ceremonies, with exceptional levels of grandeur, glamour and professionalism. Hosted by well-known Bollywood actress and model, Lara Dutta, the Awards attracted a top calibre audience of over 700 executives from across the shipping, ports and related sectors, from almost 70 different countries.

All-star lineup for The Maritime Standard Ship Finance and Trade Conference -
Dubai, UAE, 15th October 2017: Interest is building in the third annual The Maritime Standard Ship Finance and Trade Conference, which takes place on November 8th at the Sheraton Abu Dhabi Hotel and Resort. The theme of this year’s one-day event is ‘Building strong partnerships to generate investment-led growth’ and will highlight key issues facing the shipping, ports, banking and finance sectors as they seek to capitalise on emerging opportunities and avoid potential pitfalls.

TMS Awards again honoured by Royal Patronage -
The Maritime Standard (TMS) is delighted to confirm that the fourth annual TMS Awards, which will be held in Dubai on 23rd October 2017, are to take place under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President, Dubai Civil Aviation Authority and Chairman and Chief Executive, Emirates Airline and Group. This is the fourth year in succession that H.H. Sheikh Ahmed, one of the leading business leaders in the region, has honoured the TMS Awards by bestowing his patronage on the event.

The Maritime Standard Awards 2017 - Finalists Revealed! -
Dubai, United Arab Emirates, September 24, 2017: The Maritime Standard has announced the names of the finalists for its fourth annual The Maritime Standard Awards, to be held on Monday, 23rd October 2017, at the Atlantis, the Palm, Dubai. Around 800 people are expected to attend, including many high-level executives and senior governmental figures.

Tanker Conference tackles cybercrime issues -
The second annual The Maritime Standard Tanker Conference, which takes place on Tuesday 24th October at the Grosvenor House Hotel in Dubai, has assembled some of the leading names in the industry to speak at the event. Collectively they will address the top issues facing tanker owners and operators today, making this a must-attend occasion for anyone involved in the oil, products and chemical tanker business.

The Maritime Standard Awards extends nomination deadline -
As a result of the huge volume of last minute nominations for this year’s The Maritime Standard Awards it has been decided to grant a last, final, one week extension. Nominations now close on August 17th, but there can be no extension beyond that.

Abu Dhabi hosts The Maritime Standard Ship Finance and Trade Conference 2017 -
The third annual The Maritime Standard Ship Finance and Trade Conference will take place on November 8th 2017 at the Sheraton Abu Dhabi Hotel and Resort. The event is expected to attract more than 150 senior executives from different sections of the market, including shipping, ports, finance and banking and law.

Nominations now open for TMS Awards -
The Maritime Standard launches its call for nominations for its 2017 Awards on 15th May. 15th May 2017, Dubai, UAE: The Maritime Standard Awards 2017, which take place at Atlantis, The Palm, Dubai on Monday October 23rd, will be a glittering, high quality event with key decision makers from across the Middle East and the Indian Subcontinent in attendance. It is an occasion organised by The Maritime Standard to recognise industry achievements and celebrate success.

The Maritime Standard Tanker Conference 2017 - date and location confirmed -
The second annual The Maritime Tanker Conference will take place on Tuesday 24th October 2017 at the Grosvenor House Hotel in Dubai. The event is expected to attract over 150 top executives from across the regional tanker business, as well as global participants.

Capacity overhang to ease in mid-2018 as market improves -
Market conditions appear to be improving for carriers. Photo credit: Shutterstock. Market fundamentals and capacity managing activity by carriers are supporting an industry recovery and could see excess capacity in the market decreasing rapidly in the second half of 2018, according to shipping analysts.A better supply-demand balance will generate higher freight...

China's largest retailer extends global cold chain reach -
China's cold chain efficiency is improving as online demand for fresh produce soars. Photo credit: JD.com. The logistics division of China’s largest retailer JD.com has partnered with Air China Cargo to extend its cold chain network deeper into key global markets to satisfy the mainland’s soaring appetite for fresh food.JD Logistics...

Asia-Europe spot rates awaiting Lunar New Year demand -
OOCL Indonesia is the sixth and last in OOCL's 21,413 TEU newbuilding program. IHS Markit data show that total new container ship capacity to be delivered in 2018 will reach 1.3 million TEU, 30 percent of it in the 18,000 to  21,000 TEU range. Photo credit: OOCL. There are four weeks...

New Orleans studies second container terminal -
Exports have been powering the growth that has the Port of New Orleans considering a second container terminal. Photo credit: Port of New Orleans. The Port of New Orleans is studying development of a second container terminal that would lie 15 miles downstream from the port’s Napoleon Avenue container terminal to...

CMA CGM reportedly close to buying Santos terminal -
CMA CGM is the third-largest shipowner in the world. Photo credit: Shutterstock. The sale of Libra Terminais — one of the oldest, established private container terminal operators in Brazil — appears to be moving closer, with word that Terminal Link, a joint venture (JV) between French carrier CMA CGM and China Merchant...

Freight visibility push to trigger automation -
Many companies have built massive infrastructures they have to unwind before they can introduce new technology. Photo credit: Shutterstock. The ability to track shipments as they move from mode to mode is a key goal for shippers, but the real benefit of that visibility will be automation across supply chains, says...

Intra-Asia carriers beef up India-China services -
For Chennai, India's busiest eastern public harbor, the new call comes as it is fighting to hold onto its market share amid cut-throat competition from private rivals. Photo credit: Shutterstock. As India vigorously tries to rebalance trade with China in its favor, global container ship operators, predominantly in intra-Asia trade lanes,...

Trans-Pac carriers' contract rate pushes hinge on capacity -
BCO contracting strategies built upon the expectation of overcapacity and multiple carrier options “simply won’t work next time around,” said a supply chain executive. Photo credit: Shutterstock. Container lines in 2017 scored the first profitable year since 2010, and they appear serious about carrying that momentum into 2018 in the competitive...

Air cargo shippers brace for continued high-flying rates -
Booking early and avoiding urgent shipments is the best way for shippers to avoid delays and sky-high air freight rates this year. Photo credit: Air France-KLM. Finding air freight space is likely to be an area of continuing frustration for shippers in 2018, with strong volume placing available capacity under pressure,...

Swedish ro-ro carrier plans inland container shuttle service -
SOL wants to focus on the export needs of the forest and mining industries in the Lake Vänern region, plus importers, such as retailers, the company said. Photo credit: Shutterstock. Roll-on, roll-off (ro-ro) operator Swedish Orient Line (SOL) plans to launch a container shuttle service between the Port of Gothenburg and...

Ocean Network clears last regulatory hurdle -
South Africa has approved ONE's joint venture. Photo credit: ONE. South Africa’s competition watchdog this week gave the green light to the Ocean Network Express (ONE) merger of Japan’s three top container shipping lines, clearing the way for the new joint venture (JV) carrier to launch its global operations on April 1....

Carriers, terminals: FMC late-fee policy would yield chaos -
The petition stems from a series of port delays in recent years due to labor disputes, high volume, weather, and other problems. That caused spikes in demurrage and detention bills for BCOs, intermediaries. Photo credit: Shutterstock. Container lines and terminals denied using demurrage and detention as profit centers and warned that...

Ruling improves prospects for BNSF’s LA-LB railyard -
BNSF’s proposed $500 million Southern California International Gateway, with a capacity of 1.3 million container moves per year, is to be located four miles from Los Angeles-Long Beach. Photo credit: BNSF. A California appellate court ruling removed several key environmental concerns preventing BNSF Railway from constructing a near-dock railyard that would...

CSX: Network trims will improve service -
James Foote, with extensive marketing and sales experience, may be the CEO to rebuild bridges with customers. Photo credit: Shutterstock. Shippers wondering whether James Foote would change or reverse cuts in intermodal service at CSX Transportation should visit the railroad’s hump yard near Atlanta — if they can find it. “[The] Atlanta...

European shippers get Brexit jitters -
British transporters are aware the ground is shifting beneath them. Photo credit: Shutterstock. LONDON – Ports, truckers, rail freight companies, and shippers on the European mainland are waking up to the potentially destabilizing impact on their operations of the UK’s looming departure from the European Union. Until now, most attention regarding the...

SM Line sets May for new China-US West Coast service -
[caption]SM Line will launch another China-US West Coast service in May. Photo credit: Shutterstock.[/caption]Just days after SM Line’s request for collaboration with Hyundai Merchant Marine was rebuffed, the fast expanding carrier announced that its second Asia-US West Coast service will begin in early May. The Pacific Northwest Service will connect China...

India boosts Sri Lanka port infrastructure aid -
The announcement brings New Delhi’s total aid through the Exim Bank for various infrastructure projects in the neighboring island nation to $1.4 billion. Photo credit: Shuttestock. India is slowly but steadily expanding its footprint in global port development in an apparent effort to rival China’s growing influence in the Asian region.  The Export-Import Bank of India...

China-Europe rail shippers move from ad hoc to contracts -
For price stability, the logistics manager for a global white goods manufacturer said after testing China-Europe rail over the last two years the group decided to put its rail cargo on the route under a 12-month contract. Photo credit: Shutterstock. Shippers using the rail services between China and Europe are moving...

BCOs seek US regulatory action on demurrage, detention -
Truckers typically are required to pay demurrage, even if it is in dispute, before they can take a container out of the terminal. Photo credit: Shutterstock. Shippers and intermediaries urged US maritime regulators to make it easier to challenge congestion-related fees that container lines and marine terminals impose for delays that...

Waterfront Commission sues NJ to halt effort to dissolve agency -
The ILA and NYSA accuse the agency of overstepping its authority to combat crime on the docks. Photo credit: Shutterstock. The Waterfront Commission of New York Harbor on Tuesday filed suit to stop the New Jersey governor from enforcing a law enacted Monday that would terminate a 65-year-old agreement giving the...

Golar LNG Bags New Long-term FSRU Contract -
Golar LNG Partners announced that it has executed a 15-year charter with an energy and logistics company for the provision of an FSRU (floating storage and regasification unit) and related services in the Atlantic Basin. The charter provides…

Annet Koster New Director of KVNR -
Association of Dutch Shipowners (KVNR) has appointed Annet Koster as its new director from 1 March 2018. Annet Koster will join the shipowners' association ass the face of the KVNR, will make a strong case for Dutch shipping, said  the board…

Gas Natural Fenosa, Baleària Sign LNG Bunkering Deal -
Spanish liquefied natural gas (LNG) operator Gas Natural Fenosa signed an exclusive 10-year LNG supply deal with Spanish ferry operator Baleària. According to the company release, the supply contract will initially apply to the ports of Barcelona…

USS Fitzgerald Comes To Ingalls Pascagoula -
The Arleigh Burke-class guided missile destroyer USS Fitzgerald (DDG 62) arrived in Pascagoula, Mississippi, Jan. 19, aboard heavy lift vessel MV Transshelf inward bound from Yokosuka, Japan. Fitzgerald is expected to spend several days in the…

Denmark is World's Sixth-Biggest Seafaring Nation -
The Danish-controlled fleet is increasing. Taking the sixth place on the list of the world’s major shipping nations given as operated tonnage, Denmark has advanced one place. Already from early 2018, Danish shipping has a fair wind and has succeeded…

Ineos Storage Tanks at Antwerp Port -
During the past month a pusher barge moored in the Antwerp port area on the Left bank of the Scheldt carrying four large storage tanks each 50 metres long. These cylinders came from a specialist tank builder in Germany and were carried down the Rhine to Antwerp.

Myanmar Accedes to Treaty Covering Bunker Oil Pollution Damage -
The International Maritime Organization (IMO) treaty ensuring that adequate compensation is available to persons that suffer damage caused by oil spills, when carried as fuel in ships’ bunkers, has been ratified by Myanmar. The International…

Chembulk Tankers Issues USD 200mln Bond -
Chembulk Tankers announced that one of its wholly owned subsidiaries, Chembulk Holding LLC, has priced USD 200 million in senior secured bonds which will carry a coupon of 8.00% and be due in February 2023. The net proceeds from the bond offering…

Antwerp, Metz Rail Connection Doubles in Frequency -
One year after the introduction of the rail shuttle between Antwerp and Metz, the intermodal logistics operator Multi-Modal Rail (MMR) has doubled the frequency. As of the middle of January the Dutch-French company provides a second weekly container shuttle.

Tug Explosion Kills Three in Kentucky -
A tug boat explosion has left three people dead and numerous others injured on the Tennessee River in Calvert City, Ky. Authorities said the tug was undergoing repair in drydock when an explosion occurred inside the vessel around 9 a.m. on Friday.