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28 January 2020 The on-line newspaper devoted to the world of transports 11:49 GMT+1

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The Business Timesweb site
Shipping News
  • China company in US$600m Venezuela port project
    Venezuela is refurbishing its main port, Puerto Cabello, with Chinese help at a cost of US$600 million after decades of under-investment and spurred on by a scandal over rotting food, officials said on Wednesday.
  • Surge in pirate attacks in South China Sea
    Seafarers have reported a surge in attacks by armed pirates in a South China Sea shipping lane, an international maritime watchdog said yesterday.

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Sched Netweb site
  • CMA CGM back in black, sales soar 41pc to US$6.7 billion
  • Freight rates slide as capacity rises, says Alphaliner
  • Oz Labor will increase oil spill fine 90-fold to US$9 million
  • Inner Mongolian Hong Shan logistics park volume hits US$560 million
  • Qinzhou offers unique bonded checkpoint service for whole-car imports
  • Singapore Court dismisses Drydocks World suit against Tan Boy Tee
  • Emirates Shipping joins ASEAN Gulf Indian Subcontinent Service
  • US judge rules in favour of LA Port's Clean Trucks Programme
  • Danaos enjoys second quarter revenue increase of 7pc
  • DHL starts LCL Auckland-Singapore service
  • South African firm picks CEVA to move ore containers to Far East
  • OOCL and NYK to raise transatlantic rates
  • Panama expansion on North Carolina's mind as 'game changer'
  • Hong Kong Air Cargo Terminals August volume rises 17.5pc
  • Dragonair resumes Hong Kong-Shanghai Hongqiao service
  • India's Kolkata airport customs IT hitch
  • MRC Allied to take 56pc of Manila's Johnny Air Cargo

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Exim Indiaweb site
  • Box rates hold firm, but demand for bulkers & tankers wobbles
  • CMA CGM recovery gains momentum in H1
  • Hajara gets 2-year extension as SCI CMD
  • NSCSA in JV pact with ARASCO to transport dry bulk cargo
  • SCI shortlists 3 banks to manage stake sale
  • Bangladesh exports more to India
  • Coffee exports shoot up by 50 pc
  • Gems & jewellery exports put up dazzling show
  • Onion MEP hiked by $55 for Sept.
  • ChPT gets Rs 100 cr to acquire land on lease & develop logistics hub
  • GSPC receives 8th lot of LNG cargo at Hazira
  • ICS begins registration for UK 2011 exams
  • Maritime states told to be ready with oil spill contingency plans
  • MPSEZ's Dahej port commences initial phase of operations
  • VCT gets $ 8-m IFC loan
  • Cargo takes flight; exceeds govt's projections for 2009-10
  • CONCOR scouting for JV with shipping cos
  • Rake with record 116 wagons of coal chugs into Paradip Port
  • Auto industry rides high on lower corporate tax, MAT
  • Food price inflation eases to 10.05 per cent
  • Industry-friendly measures galore in DTC Bill
  • New DTAA signed to expose stashed wealth in Swiss banks
  • New features
  • GCC, Asean to bridge economic gulf
  • New MSME Secretary
  • Plenty of scope for IT sector to grow, says Wipro chief

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International Transport Journalweb site
  • GAC acquires John Nurminen Navis Oy
    The GAC Group has strengthened its Baltic Sea region coverage with the amicable acquisition of leading Finnish ship agent, John Nurminen Navis Oy (JNN), a subsidiary of the John Nu...
  • MOL starts safety campaign
    The Japanese shipping company Mitsui OSK Lines (MOL) has launched its semi-annual safety campaign for all the vessels it operates. During the campaign, the company will make public...
  • New Travemünde-Helsingborg ro-ro service takes to the seas
    The port of Lübeck (Germany) welcomed the arrival of a new ro-ro service on 1 September. The new Travemünde and Helsingborg sailing, which is called SOL Continental Line, is operat...
  • M+R Spedag group scoops up India's PL Shipping & Logistics
    The M+R Spedag group, a family-managed global forwarding and logistics company based in Muttenz near Basel (Switzerland), took over the Indian forwarding and logistics co...
  • FedEx Express boosts services to benefit Chinese exports to Europe
    FedEx Express, a subsidiary of FedEx Corp and one of the world's largest express transport companies, has announced later pick-ups for all FedEx international low-value shipments b...
  • Norbert Dentressangle acquires Schneider Logistics' forwarding business
    The French transport and logistics service provider Norbert Dentressangle (ND) has made its first significant move into the US freight forwarding market by signing an agreemen...
  • Claus Aagaard named new global head of aid and relief at Damco
    Damco has appointed Claus Aagaard as its global head of the newly created aid and relief sector. He assumed his new duties on 1 September, and will be based ultimately in South Afr...
  • Frankfurt Airport expands cargo hub
    Frankfurt Airport (FRA/Germany), one of the most important airfreight hubs in Europe, is offering an additional 27 hectares of development land at CargoCity South. Fraport AG ' the...
  • Avianca continues to increase frequency of Mexico flights
    From tomorrow (3 September), Avianca is launching a third daily Bogota'Mexico City service, thus filling the void of Mexicana's ceased operation. The Colombian carrier Avianca alre...
  • JAL finally presents restructuring plan
    After a more than two-month delay, insolvent Japan Airlines (JAL) finally unveiled a restructuring plan on 31 August. According to the scheme, the workforce is to be cut back by on...

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Marine Logweb site
  • Platform fire is extinguished
  • Fire on Mariner Energy production platform
  • K-Sea gets $100 million cash injection
  • Klevin Maritime wins order from Olympic Shipping

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World Wide Shipperweb site
  • Commerce Department plans trade mission to Baghdad
  • Coast Guard teams respond to oil platform explosion
  • Alaska Airlines become sponsor of Portland Timbers soccer team
  • Port Angeles HarborWorks announces plans to shut down
  • Boeing predicts expansion of North American plane deliveries

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Lloyd's Listweb site
  • Hellenic Register certification to expire in February
    Certificates for ships trading domestic and international routes will be hit, Brussels confirms
  • Hellenic Register left in limbo
  • Hellenic Register upbeat as Brussels decision looms
  • IACS antitrust probe to wrap up this week
  • Maersk relocates inland terminals business
    Container Inland Services to be amalgamated into APM Terminals
  • Maersk says slow steaming is a 'win-win-win...
  • West African distillate demand props up transatlantic MR rates
    Despite weak US demand and surplus tonnage in Europe, owners resist charterers'...
  • Markets guarded after recent European turmoil
  • Indian ore export ban prompts ships to ballast to the Atlantic
    Lack of cargoes out of Karnataka state puts pressure on Pacific time charter rates...
  • Surging paper market propels dry bulk rates

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Fairplayweb site
  • Another rig explodes off US
    AN EXPLOSION set an oil rig afire today in the Gulf of Mexico, the US Coast Guard told Fairplay
  • Wilmington awaits Earl
    HURRICANE Earl has again strengthened to a Category 4 storm as it closes in on Wilmington, North Carolina
  • Typhoon disrupts Korean ports
    TYPHOON Kompasu weakened to a tropical storm today after it made landfall in South Korea and passed over the capital Seoul
  • US wheat exports surge
    A MAJOR new contract to sell wheat to Egypt has underscored the growth in US seaborne agribulk trades, even as competitors suffer
  • Polish yard worker killed
    A SHIP repair worker, 59, was reportedly killed today at Poland's MSR yard in Swinoujscie
  • GAC boosts Baltic business
    FINLAND'S ship agency John Nurminen Navis told Fairplay today its acquisition by GAC was driven by the buyer's desire to push north to seek more lucrative oil and gas clients
  • Suez revenues rise 12.2%
    REVENUES for the Suez Canal has reportedly climbed 12.2% in this year's first eight months, from that period a year ago

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The Journal of Commerceweb site
  • Broad Demand Lifts Bulk Rail Volume to 2010 Peak
  • KCS Predicts 20 Percent Revenue Growth
  • Regulators Shut Down Trucker After Fatal Crash
  • Congestion at LA-Long Beach Terminals Dissipates
  • Intermodal Rail Volume Scales New Heights
  • Road Backers Raise Concerns on Trust Fund Estimates
  • Cass Freight Index Grows 8.3 Percent in August
  • DP World Becomes No. 3 Terminal Operator
  • Oil Platform Explodes in the Gulf of Mexico
  • Short Line Traffic Hits Fastest Pace Since April
  • Commercial Aircraft Drive Uptick in Factory Orders
  • Transportation Hiring Slips in August, Monster Says
  • Gulf & Ohio to Acquire Lancaster & Chester
  • FRA Proposes Regulatory Changes For Concrete Crossties
  • Lawrence Transportation Buys Virginia Trucker
  • UTi Worldwide Profit Soars 60 Percent
  • Aeroports de Paris Profit Rises as Freight Soars
  • Maersk Names Head of Investor Relations
  • Port of Mumbai Eases Restrictions
  • Frankfurt to Expand Cargo Hub
  • Port of LA Will Phase in Clean-Truck Mandate
  • Trucking Official Sees More Port Trucking Battles

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Containerisation Internationalweb site
  • CMA CGM strides on
  • US manufacturing and shipment activity recovers in August
  • Hamburg concerns about its 'beach-cleaning' port authority
  • Earl approaches US East Coast
  • Double-dip fears ease as bourses surge

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TradeWindsweb site
  • Tanker grounds in Arctic
    Race on to refloat Canadian vessel stuck in Northwest Passage with two millions gallons of diesel onboard.
  • Crude confirms Shell fixtures
    Evangelos Marinakis-led shipowner seals suezmax deals with trading arm of oil giant.
  • Platform blast rocks US Gulf
    Mysterious OSV rushes to rescue 13 crew members from platform as offshore explosion fuels fire at Mariner Energy oil block.
  • Swee Joo in default
    Malaysian bulker and boxship owner in talks with banks after being unable to meet debt repayments.
  • Pride mends drillship pact
    Battle between BP and New York-listed drilling giant squashed as parties agree to amend vessel dayrate.
  • Swiss score for Frontline
    Tanker giant ties up three-year VLCC deal with Transcor Astra Group.
  • Wan Hai winning again
    Taiwanese boxship player continues to forge ahead in 2010 after dire previous year.
  • Stig Remoy pens Kleven pair
    Olympic Shipping rocks up at Norwegian yard with double order potentially worth over $120m.
  • Horizon yard lands $8.7m order
    US shipyard victorious in heated battle for a bite of government newbuilding deal.
  • Iranian volumes on the climb
    Ports handled 56.12m tonnes of cargo in the last five months, up more than 5%.
  • Capex fears draw BLT cuts
    Fitch follows S&P in cutting its ratings on Berlian Laju Tanker.
  • Yang Ming rings up profit
    Taiwanese container line turns around first-half losses as markets improve.
  • Tanker free after grounding
    Atlas ship refloats after hitting Horseback Shoal hard in St Lawrence, Canada.
  • Heavyweights in K-Sea splash
    First Reserve and Kayne Anderson inject cash into US tug and barge owner.
  • Vale 'mulls Malaysian port'
    Brazilian miner could call for an international tender for a $1bn port near Strait of Malacca.
  • GEMC finalises tanker targets
    New Taiwanese tanker venture aims to capture six VLCCs and a products carrier for $700m.
  • Banks back Ridgebury's IPO
    Ridgebury Tankers ups the ante as UBS and Wells Fargo join Jefferies and Bob Burke on $341m road to Wall Street.
  • MOL depreciates to accumulate
    Japanese owner reportedly extends LNG carrier depreciation period, boosting bottom line.
  • Dutch LNG plan scrapped
    Vopak and partners will not now build new terminal at Eemshaven following feasibility study.
  • River Princess finally going?
    Original owner of bulker aground off Goa for 10 years looks the favourite to take it away.
  • Ferries evacuate Carolina coast
    North Carolina will keep state ships running for residents until Hurricane Earl keeps them in port.

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American Shipperweb site
  • CMA CGM reports turnaround
  • MSC hikes transatlantic rates
  • U.S. supports modernizing Haiti's aviation
  • NS to open Heartland Corridor next week
  • DB Schenker orders $525 million in equipment
  • Japan invests $76 million in Kazakhstan roads
  • U.S. Commercial Service suffers internal woes
  • China aiding Nigerian free zone development
  • U.S. boosts logistics for overseas flood relief
  • UTi: 2nd half 'volume growth to moderate'
  • Port Dunkirk selects development director

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The Scandinavian Shipping Gazetteweb site
  • Olympic places order at Norwegian yard
    Olympic Shipping A/S orders a multi purpose vessel of Marin Teknikk MT 6015 design at Kleven Maritime, including an option of one more vessel. The contract value is NOK
  • Smyril Line uses Hirtshals as all-year port
    Smyril Line has signed an agreement with Fjord Line for the use of their terminal and land-based services at Hirtshals. It will be a permanent all-year port for

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The Bunker Bulletinweb site
  • Rotterdam prices firm
    Price moves less uniform in other European ports.
  • Maersk Line reiterates commitment to slow steaming
    Says slow steaming 'remains a win-win-win situation' even when global shipping crisis comes to an end.
  • Prices weak in Fujairah
    NYMEX showing slight losses in early trading.
  • New 'bunker only' service in the Baltic
    Suppliers say Baltiysk is the only Russian port in the Baltic to offer this option.
  • Houston wins Clean Air Leadership Award
    Recognised as regional air quality leader for projects including voluntary air emission reduction programs from port activities.
  • Brightoil confirms Singapore oil storage lease
    Comments on its hiring policy saying more personnel may be needed from within the industry.
  • Vopak abandons plans for LNG terminal
    Feasibility study concludes there is 'no basis for a positive investment decision'.
  • Singapore onshore fuel oil stocks at 31-week low
    Onshore stocks of distillates reach three week high.
  • DNVPS appoints global sales and marketing manager
    Former regional manager John Gilligan says he empathises with operators working in an increasingly regulated environment.
  • Fuel oil spill could cost ship owners 'millions'
    Charge could be brought under Australia's Marine Pollution Act.
  • Bunker prices mainly firm
    Demand at key Asian ports mostly below average.
  • Tokyo bunker supplier welcomes new bunker trader
    To service clients in Far East Asia area.
  • New fuel saving antifoul coating promises easier application
    Saves over $450,000 in installation costs on a typical VLCC, says International Paint.
  • Typhoon halts bunkering operations at Chinese port
    Operations expect to resume within 1-2 days, a source from Chimbusco says.

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