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04 August 2020 The on-line newspaper devoted to the world of transports 19:03 GMT+2

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Sched Netweb site
  • Hong Kong's Hutchison shuts down Amsterdam terminal as volumes collapse
  • Guangzhou to build rail line connected to Nansha container terminal
  • Idle fleet expected to grow with returning charters first to be laid up
  • CSCL posts first half loss of US$203 million despite 15pc more box volume
  • CSAV first half loss up to US$345 million, but result better than 2011
  • China's railway ministry reports US$1.4 billion loss in first half
  • Ministry of Railways plans launch of ID-based online cargo booking system
  • China's logistics sector costs up 11.8pc in first seven months
  • South Carolina to pay US$300 million for Charleston harbour dredging
  • Lexmark selects Kuehne + Nagel as its logistics provider in Europe
  • Indian Shipping Minister counters speculation on cabotage reform ruling
  • Kunming and Haiphong launch cross-border vehicle passenger-cargo service
  • GAC expands oil and gas operations from new warehouse in Laredo, Texas
  • TOC focuses on emerging markets vastly expanding Mideast box trade
  • Pains Wessex showcases new marine distress signal at Hamburg fair
  • El Al's cargo sales off 7.2pc as quarterly loss narrows to US$6.2 million
  • Chinese airline and railway sectors suffer declines in first half
  • US FAA conducts inquiry into easing use of mobiles, tablets on planes

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Exim Indiaweb site
  • NYK President meets with Captains & Chief Engineers to discuss safe ship operations
  • TT Club helps JIFFA revise Forwarder's Cargo Receipt
  • India, Asean pledge to conclude services agreement negotiations by December
  • CLC calls for conciliation proceedings today
  • First phase of Abu Dhabi's Khalifa container port opens
  • New W. Bengal Major Port may come up at Sagar Island
  • PPP to remain key model for port infra development: Vasan
  • CONCOR NWR felicitates top performers at 16th annual awards
  • NHAI expansion Bill passed
  • Eighteen iron ore mines in Karnataka allowed to resume production
  • Exempt exporters from penalty for failing to meet obligations: ISMA
  • Exports drop 15 pc in July; annual target unlikely to be met

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International Transport Journalweb site
  • Doha does it like Berlin
    After the never-ending story about the delayed inauguration of the new airport for the German capital Berlin (cf. ITJ Daily of 9 May 2012), New Doha international airport (NDIA) in...
  • New CFO for Signature Flight Support
    Signature Flight Support Corporation has appointed the Finnish national Sami T. Teittinen as chief financial officer. As a member of the executive management team, Teittinen will b...
  • GE unveils first tier 4 heavy-haul locomotive
    USA-based GE Transportation recently unveiled the prototype for its next Evolution series locomotive that will decrease key emissions by more than 70% and save railroad customers m...
  • Oil products shipped by rail for Russian domestic market up 2.8%
    In the first seven months of 2012, 74.7 million t of crude oil and petroleum products for the Russian domestic market were carried by rail, 2.8% more than in the same period in 201...
  • Number of road freight operators falling in the UK
    Growth in UK's domestic road freight activity remained weak in Q2/2012 according to the Freight Transport Association's (FTA) latest quarterly transport activity survey (QTAS). The...
  • Scania concludes large deal with PostNord
    In its new vehicle procurement programme, the mail service provider PostNord has chosen vehicle manufacturer Scania to supply all the heavy trucks for the distribution of letters a...
  • CEO of Munich airport at the helm for ten years
    Dr Michael Kerkloh is celebrating his tenth year as head of FMG, the Munich airport operating company, this September. He is the FMG's president and CEO, as well as the comp...
  • Worldwide air freight demand contracted once again in July
    The International Air Transport Association (Iata) announced July's global traffic results showing that air freight demand contracted by 3.2% compared to July 2011 but was unchange...
  • IAG Cargo signs master lease agreement with CSafe LLC
    CSafe LLC, a joint venture between AmSafe Inc and AcuTemp Thermal Systems, and IAG Cargo, the single business of British Airways ...
  • Grimaldi's ACL orders five ro-ro newbuildings
    ACL, the US-based subsidiary of the Grimaldi Group (Italy), has now officialised its new order for five multipurpose ships of an unprecedented kind, all due for delivery in 2015. ...
  • Dachser inaugurates another branch office in China
    The global logistics service provider Dachser recently opened a new branch office in Nanjing (China), thereby augmenting its network at locations in the Yangtze Delta. With the fac...
  • Raben investing in Nuremberg site
    Raben Group, an international transport and logistics service provider, officially opened its new logistics terminal in the inland port of Nuremberg (Germany) on 31 August 2012. Th...
  • United Shipping appoints EPS Logistics as a new member
    United Shipping Inc (USI), a worldwide association of independently-owned freight forwarders and customs brokers with over 135 partner companies and 375 offices, has appointed EPS ...

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Marine Logweb site
  • Wallem to manage ISH international flag ships
  • Kirby to buy Allied assets in $116 million deal
  • MAN Diesel & Turbo introduces new dual fuel four-stroke
  • Bollinger delivers 55,000 bbl tank barge to Bouchard
  • Nichols Brothers names Gavin Higgins COO

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World Wide Shipperweb site
  • Port of Kalama welcomes All American Containers
  • Cai Lan Container Terminal welcomes arrival of first vessel
  • G6 Alliance shutting down Far East/Europe service loop
  • SeaPort Airlines moving to Portland Airport main terminal
  • VASCOR taps William Garret as new chief executive officer

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Lloyd's Listweb site
  • Good times could return to box trades by 2014, CSAV boss predicts
    Hasbún says ordering standstill will stabilise supply
  • Chinese yards eye a shift away from shipping
    Lack of orders has put the squeeze on Chinese shipbuilders' margins, but there are doubts over their ability to widen their product mix
  • Fortescue reduces iron ore expansion target by 25%
    Revised plans axe some 200 capesize loadings
  • Diversified business models deliver diverse outcomes
    Pursuing new niches has benefited some shipyards more than others
  • Hornbeck OSV quartet boosts orderbook to $900m
    NYSE-listed company leads Jones Act offshore support vessel fleet modernisation
  • Charterers wear aframax owners down to lower rates
    Oil majors market cargoes in the Baltic Sea and Mediterranean
  • North P&I slams 'deeply flawed' EU sanctions
    Industry forced to police insurance ban against Iran and Syria, club warns
  • Brokers and underwriters lock horns over rates
    Overcapacity will hold back any increase in rates, says AJ Gallagher
  • Slower speeds are here to stay for dry bulk and tankers
    RS Platou quarterly assessment indicates little change since May
  • Comment: All bets are on, but iron ore market will remain volatile
    Cargo oversupply is critical factor behind fall in spot-market pricing
  • McLoughlin replaces Greening as UK transport secretary
    Former miner previously worked at DfT
  • MAIB coping with loss of staff
    Investigators able to do more with less
  • Insolvencies set to increase
    Cheap buying options only benefit of collapsing German sector, warns König
  • Ahrenkiel and MPC join forces
    Joint marketing effort to boost tramp fleets
  • Deadline looms for PSAI concession deal at JNPT
    Port giant faces penalties unless it concludes an agreement in Mumbai
  • Baltic casualties fall despite rising traffic
    Passenger vessels take disproportionate share of casualties
  • Ezra Holdings spins off offshore yard
    Firm to list stake in Triyards as it targets emerging markets
  • End the credit drought
    Shutting down all lending will not solve banks' problems
  • Wan Hai profits double in first half
    Intra-Asia player among this earnings season's best performing container lines
  • Slow steaming absorbing excess capacity
    Alphaliner says 930,000 teu utilised, up 30% this year
  • Don't skimp on safety
    The UK's Marine Accident Investigation Branch has lost one in four of its coalface workers as a result of the government's austerity drive
  • MAIB loses a quarter of inspectors after budget cuts
    Owners and union express concern over changes
  • Dafni action against CMA CGM reaches Hong Kong court
    Former CNC boss claiming more than $1m in unpaid salary and bonuses
  • SMM 2012: Carbon War Room offers olive branch to shipping
    Lobby group seeks more collaborative approach to cutting emissions from existing fleets
  • Moody's ponders MOL ratings downgrade
    Japanese firm hurt by weak bulker and tanker shipping markets
  • Quijano takes over from Alemán at Panama Canal
    Popular outgoing chief executive spent 16 years in job
  • Teekay LNG Partners lines up $200m follow-on issue
    Company pounces on cash-grab opportunity at top price as market players return from summer vacation

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Fairplayweb site
  • Valero to convert Aruba refinery
    VALERO has announced further cutbacks at its Aruba refinery and plans to convert the facility into a storage terminal as it hunts for a buyer
  • ECO-design VLCCs could knock older values
    VLCCS that burn less fuel than current vessels of the same type might push down secondhand values of such tankers, according to Poten & Partners, the New York tanker broker
  • Bunker debt behind arrest
    ITALIAN bunkering company Fratelli Cosulich has confirmed to Fairplay that it ordered the arrest of one of compatriot shipowner Rizzo Bottiglieri De Carlini's ships in Singapore over unpaid marine fuels
  • CSAV narrows losses
    CHILEAN carrier CSAV has reported sharply lower - albeit still hefty - losses as its restructuring gradually pays off
  • 82 held in migrant smuggling cases
    GREEK authorities are today holding 82 people involved in migrant smuggling attempts over the past week
  • Hyundai pay deal voted
    HYUNDAI'S union workers have approved a pay deal, thus reducing the squeeze on South Korea's auto exports, IHS Global Insight reported today
  • Weak freight markets depress secondhands
    WEAK FREIGHT markets are continuing to press down second-hand values for bulkers and tankers, a key shipping analyst said today
  • Steady VLGC rise seen
    MIDEAST LPG exports to Asia are continuing to provide business for the global carrier fleet, according to a Drewry study
  • Drydocks World's loan details reported
    HSBC HOLDINGS and BNP Paribas were reported today to be among banks extending a $1.5Bn loan to Dubai's Drydocks World as it restructures debt
  • Fortescue cuts back by $1.6Bn
    CRASHING ore prices sent jitters through the Australian markets today, with Fortescue Metals announcing it would shelve a port project and a mining scheme
  • Sanko cancels newbuilding
    BANKRUPT Japanese shipowner Sanko Steamship has defaulted on another newbuilding
  • Iran-Japan oil flow staunched
    JAPAN did not import any Iranian crude in July, a 31-year first
  • 13-year-old VLCC? Possible buyers queue up
    BROKERS have told Fairplay that up to five potential buyers have registered to inspect the two VLCCs ExxonMobil is selling
  • Nam Cheong sells AWBs for $59M
    NAM CHEONG said it has closed a deal to sell two accommodation work barges for $59M to a Malaysian offshore player

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The Journal of Commerceweb site
  • WTSA Carriers Plan Rate Increase
    Container shipping lines in the Westbound Transpacific Stabilization Agreement have announced a recommended Oct. 1 general rate increase of $160...
  • FMCSA Orders 'Reincarnated' Tennessee Trucker Off Highway
    It didn't take long for Three Angels Farms, a small Tennessee-based trucking operator shut down by federal regulators in June...
  • Carriers to Implement Surcharges If East Coast Ports Close
    Several container ship lines have announced congestion surcharges that will take effect if East or Gulf coast ports are closed...
  • Demand for Natural Gas Trucks to Rise 14 Percent
    The global market for natural gas-powered heavy trucks will expand 14 percent a year through 2019, with growth strongest in...
  • Globaltrans Profit Stalls in First Half of 2012
    Globaltrans profit stalled in the first half of the year as the increased borrowings by the Russian rail freight operator...
  • Quijano Takes Over As Canal Administrator
    The Panama Canal Authority on Tuesday installed its third Panama Canal administrator, Jorge Luis Quijano, an engineer with 36 years...
  • Russian Railways Mulling Bid in GEFCO
    Russian Railways is reported to be mulling a bid for GEFCO, the transport and logistics arm of French auto manufacturer...
  • Democrats Push Infrastructure Spending at Convention
    The Democratic party platform released on Monday night suggests President Obama will forcefully defend his infrastructure stimulus spending and call...
  • Norwegian Car Carriers Narrows Loss
    Norwegian Car Carriers narrowed its second quarter loss from a year ago and forecast a strong second half as the...
  • CMA CGM Sells Luxury Cruise Unit
    CMA CGM completed the sale of luxury cruise-line operator La Compagnie du Ponant to the private equity firm Bridgepoint as...
  • Carriers Accelerate Extra Slow-Steaming
    Ocean carriers have increased total container capacity absorbed by sailing their ships at extra slow speeds by 30 percent since...
  • Hapag-Lloyd Expands Russia Express Service
    Hapag-Lloyd is upgrading its Russia Express Service (REX) with an additional eastbound call at Gdynia, Poland, starting this month. ...

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Containerisation Internationalweb site
  • APL Logistics adopts AutoDirect
    Singapore-based APL Logistics (APLL) hopes to increase its share of the global trade in vehicles by carrying more units in containers. To help this process it has ...
  • World container trade to still grow in 2013
    Philippe Hoehlinger's latest Q3 12 macroeconomic analysis of the main variables affecting global container trade shows that growth this year and next will be slightly ...
  • Hapag-Lloyd to upgrade feeder services to Poland
    Hapag-Lloyd intends adding an eastbound call in Gdynia to its weekly REX service between northern Europe and the Baltic Sea. The service was started in April 2012 ...
  • Fyffes result driven by growth and better logistics efficiencies
    Fyffes, the Ireland-based fruit distribution company (of mainly bananas and pineapples), has announced a significant improved interim profit which it attributed ...
  • CSAV still in serious financial trouble
    Chile-based CSAV's attempts to turn its financial performance around through shedding loss-making business, including using slot charters with other carriers rather ...
  • DP World extends partnership with PCFC
    DP World is strengthening the security arrangements at its various cargo-handling facilities in Dubai, including at its 'flagship' container terminals in Jebel ...
  • SA trade deficit approaches ZAR7 billion
    The latest figures on South Africa's trade balance published by the South African Revenue Service (SARS) revel that the trade deficit in July was sharply up on ...

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TradeWindsweb site
  • Teekay LNG preps cash grab
  • Vega boxship re-floated
  • Master sleeps it off
    Danish authorities said a cargoship captain tested positive for alcohol after the vessel was spotted lurching in the Oresund.
  • Keppel MD passes away
    Keppel Corp is mourning the death of a senior executive who was on the verge of completing 30 years at the company.
  • SeaBird in seismic swoop
    Norway's SeaBird Exploration has clinched a charter for a seismic survey ship worth the equivalent of $150,000 per day.
  • Unsafe and inhumane
    The inquiry into the sinking of Papua New Guinea's Rabaul Queen has criticised its owner over the condition of the ferry.
  • Interest grows in P+S
    Insolvent German shipyard P+S Werften has attracted another potential buyer.
  • Hornbeck splashes the cash
    Hornbeck Offshore has exercised options to build four more offshore support vessels for $180m.
  • Dafni claims $1.15m
    Former CNC Line chief Igal Dafni is facing another court battle as he seeks to recover more than $1m in unpaid wages and bonuses from parent CMA CGM.
  • Amsterdam edges it
    The port of Amsterdam has increased first-half cargo volumes by 2% as oil cargoes rose.
  • Graig and GMI go to China
    Graig Group and Global Maritime Investments are teaming up to offer a lifeline to Chinese shipyards battling with the downturn.
  • Jefferies trims five
    Jefferies has taken the knife to its recommendations for a number of the major Asian shipowners over poor industry prospects.
  • Isaac grounded bulker
    A Swiss bulker could be stuck on the banks of the Mississippi for a month after Hurricane Isaac pushed it aground.
  • Testing trouble
    A newly converted Teekay FPSO has suffered a fire during sea trials off Singapore.
  • Shih Wei weaker
    Bulker and general cargoship owner Shih Wei Navigation has suffered another erosion of earnings as revenue declined.
  • Fire kills two
    Two workers have been killed in a blaze that broke out on a Latvian cargoship in Ukraine.
  • Neptune trims the red
    Neptune Marine Services has seen a dramatic improvement in its performance as it continues to restructure operations.
  • Ezra eyes October listing
    Ezra Holdings looks set to spin-off its shipyard arm as early as next month senior executives have told investors.
  • Drewry warns over LPG
    Speculative ordering of LPG tonnage could have a negative impact on the sector, a leading industry consultancy has warned.
  • Atlantic wins barge deal
    Atlantic Navigation has won a contract potentially worth $43m to supply a jack-up accommodation barge for work in the Persian Gulf.

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American Shipperweb site
  • Frozen labor talks continue between ILA, USMX
    As Americans celebrated Labor Day, there was still no sign of a thaw in the frozen labor negotiations between the International Longshoremen's Association and employers of its members. East Coast ports prepare for the worst.
  • COSCO plans major TP congestion fee
  • G6 lines to shelve one Asia-Europe loop for winter
    The carriers will suspend their Loop 3 service, which has a rotation of Shanghai, Ningbo, Shekou, Singapore, Le Havre, Rotterdam, Bremerhaven, Gothenburg, Rotterdam, Jeddah, Singapore, Shekou, Hong Kong, and Shanghai.
  • Re-launched carrier gets another DOT takedown
  • EI Systems runs rails for Port of Montreal
  • Equinox provides on-the-road mail
  • Rate war - Part 2
  • APi picks Astea for growth
  • WTSA joins TSA in assessing low-sulfur fuel fee
    Since Aug. 1, liner carriers have been subject to new International Maritime Organization regulations that require cleaner fuel to be burned near U.S. and Canadian coasts to reduce vessel emissions.
  • MSC proposes sizable bunker fees
  • Maersk slows WAF2, further speeds up WAF3
  • Full port operations resume at New Orleans
  • CSAV narrows losses
  • Potential ILA strike: Worried now?
    When contract negotiations between U.S. East Coast and Gulf Coast longshoremen and their employers abruptly broke down Aug. 22, the news didn't catch the majority of shippers and carriers by surprise.
  • APL Logistics service ships cars in containers
    The subsidiary of NOL said moving automobiles in containers allows more frequent shipping of vehicles from origin to destination as well as reduces transload times and handling which can lead to damages.
  • Maersk, DuPont to install onboard sulfur scrubber
  • Washington Notebook: ICE chief of staff resigns over sexual allegations
  • New northern Vietnam port opens
  • U.S. seeks bilateral investment with Cambodia

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The Bunker Bulletinweb site
  • Bunker prices firm in Fujairah
    Price of 380 centistokes material surged at Middle Eastern hub.
  • Bunker prices strengthen in major European ports
    Fuel prices rose across the region on Tuesday.
  • Maersk meets US ECA requirements
    Non-compliance can mean fines of $25,000 a day.
  • Vessel arrest 'was not an easy choice', says supplier
    Fratelli Cosulich still in negotiations with Italian ship owner.
  • CMA explores LNG option
    Shipowner sees distribution as main stumbling block.
  • US approval for Rolls-Royce LNG engines
    LNG technology 'dramatically reduces' harmful emissions, says power systems provider.
  • Prices in Asian ports still climbing
    Supplies of bunker fuels largely fine at major Asian ports.
  • Chimbusco to offer LSFO at another Chinese port
    Supplies at Yangshan could start from the beginning of next week.
  • Construction begins for LNG-powered cargo vessels
    The 5,000 dwt vessels could reduce emissions by around 40%.
  • Funding green ships an 'important task'
    Shipowners urged to look at capital expenditure rather than costs.
  • CSAV narrows losses
    Results 'improving systematically' every month as expected, says CEO.
  • Super slow steaming practices may accelerate
    Total capacity absorbed already risen by 30% since the start of the year.

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