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09 December 2019 The on-line newspaper devoted to the world of transports 06:18 GMT+1




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Sched Netweb site
SEPTEMBER 9, 2014
  • Panama arrival time rules change for vessels transitting canal
  • China State Council unveils plan to make shipping development more central
  • China stands opposed to any fresh European Union sanctions against Russia
  • BFC Group given the green light for land reclamation at St Petersburg port
  • Cambridge U joins push to get global warming fears back on the front burner
  • NYK conducts crisis-response drill on LNG vessel with Japanese Coast Guard
  • Pirates attack product tanker off Abidjan, grab cash and seafarers' valuables
  • China Southern starts freighter service between Los Angeles and Tianjin
  • Centurion Air Cargo faces legal battle over fuel payments as market dims
  • WFS acquires Swissport's cargo business at Copenhagen Airport
  • Swiss WorldCargo partners with WCA to boost growth and cost-efficiencies

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Exim Indiaweb site
SEPTEMBER 8, 2014
  • Aharon Fogel appointed ZIM Chairman
  • Baltic & Xinhua launch shipping centre index
  • Cargotec's Kalmar wins significant order for Melbourne's new automated container terminal
  • China to upgrade & modernise fleet
  • Culling of Europe's chemical production capacity a boon for shipping
  • DB Schenker facilitates first freight train run from Hamburg to Zhengzou in central China
  • Evergreen Line continues to upgrade its intra-Asia service network
  • PIL opens branch in Mongla,Bangladesh
  • St Petersburg port on a high
  • Edible oil imports likely to rise in coming season
  • Govt allows import of rice from Myanmar
  • Indonesia to reform its coal sector, resume exports to India
  • Oilmeal exports drop 36 pc in April-Aug.
  • Price disparity between Indian & American corn hits exports
  • Sugar exports surge to 26.54 lakh t
  • APM Terminals sees need for increase in Latin American transport infrastructure investment
  • Bombay HC allows release of Korean ship
  • Kandla Port will lose cargo to private ports if revised SOR is implemented, says stakeholder
  • New Goa-JN Port coastal container feeder service flagged off at Mormugao Port
  • Rake shortage clogs Vizag Port as coal stocks pile up
  • New projects to boost eastern freight corridor
  • Food Ministry seeks CCEA nod on new raw sugar export subsidy formula
  • DG Shipping, MD of Godrej Industries & Chairmen of Mumbai & JN Ports to grace gala event

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International Transport Journalweb site
SEPTEMBER 9, 2014
  • UPS invests in two new Polish facilities
  • Rail Cargo Group receives accolade
  • Rubin moves out of interim role at Horizon Lines
  • ALC and GS1 win prestigious Australian award
  • Swiss WorldCargo partnering WCA
  • Russia, Kazakhstan, Belarus to create economic area
  • Port of LA receives grant for emissions project
  • Michael Cramer secures Rail Forum presidency
  • Europa Worldwide Logistics on target
  • Grimaldi and Fremura jointly invest in Livorno
  • European air cargo volume up 3% in July
  • Port of Long Beach takes environmental leader on board
  • EU promoting rail traffic between Germany and Poland
  • APMT calls for more FDI in Latin America

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Marine Logweb site
SEPTEMBER 8, 2014
  • Vale cooperates in project to build giant Brazil repair yard
  • NTSB issues first video marine safety alert
  • MTU and Fairplay Towage test genset with SCR
  • September 08, 2014 Burger launches research vessel for Great Lakes
  • ABS offers BWMS selection service
  • MARAD releases LNG bunkering study
  • Singapore cancels Northwest Resources bunker licenses
  • First containership order for Wärtsilä DF two-stroke
  • Møkster PSV is first vessel with Rolls-Royce Unified Bridge
  • Rio Olympics ferries to have Caterpillar DGB gen sets

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World Wide Shipperweb site
SEPTEMBER 8, 2014
  • Port Metro Vancouver celebrates completion of rail corridor upgrades
  • Aharon Fogel named chairman of Zim Integrated Shipping Services
  • Mitsui joining Viken Shipping in vessel-owning joint venture
  • Maritime Administration releases LNG as bunker fuel study
  • Horizon Lines taps Steven Rubin as president, chief executive officer

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Lloyd's Listweb site
SEPTEMBER 8, 2014
  • Top Maersk and MSC duo in urgent talks with FMC on 2M alliance
    Senior executives fly to Washington as two commissioners say clock may be stopped on 45-day review
  • Is CMA CGM about to unveil new tie-up?
    Speculation grows about partnership with United Arab Shipping Co and China Shipping Container Lines
  • Russia's food sanctions having only limited impact on feederships
    Operators report reefer box volumes holding up
  • Philippe Ruttley joins Ince & Co
    Maritime antitrust specialist appointed head of competition at law firm
  • VLGC spot rates up as players turn attention to October loadings
    Market level sustainable for at least another month in LPG shipping
  • Scorpio scoops up ex-OSG management operation in Greece
    Experienced Athens operation to 'add value' as well as capacity for huge newbuilding wave
  • G6 Alliance continues to divert vessels from Rotterdam
    Decision suggests congestion woes are not over
  • Seaspan signs charter deal for 10,000 teu ships with top line
    Existing options extended
  • SMM 2014: seven obstacles to innovation in shipping
    When it comes to creating change, the hurdles may be high but they are not insurmountable
  • Aronnax@SMM: it's all systems go at Hamburg's innovation showcase
    FREE CONTENT: Manufacturers at the ready after equipment sales hit $70bn last year
  • UK and Germany lead July import-container rally
    North France lags behind as neighbouring ports post double-digit growth
  • Ince bulker suffers severe damage in grounding on Greek islet
    Owners hire Tsavliris for salvage under LOF
  • It's tough at the top for the big three European ports
    A look at the challenges being faced at Europe's premier container hubs
  • Rongsheng confirms government-initiated restructuring talks
    Cash-strapped Chinese yard offers few details despite reports of possible SWS takeover
  • Los Angeles wins grant to reduce port-related emissions
    Environmental Protection Agency awards $469,000 to retrofit cargo handling units
  • MCA defends UK port state control
    All-time low in detentions is evidence of improved safety, Coley insists
  • SMM 2014: The rise of asset improvement
    Annual project Pimp My Ship takes a serious look at the possibilities of fuel-efficiency tools
  • Wind is power
    New cleantech companies continue to develop, despite shipping-industry scepticism
  • SMM 2014: Wind is power
    New cleantech companies continue to develop, despite shipping-industry scepticism
  • Tanker Investments' $46m aframax buy highlights secondhand price hike
    As interest builds in aframaxes, expect more purchases and rising values
  • SMM 2014: Overcoming charterparty challenges
    Financing vessel upgrades to compete against clean new tonnage is difficult, but not impossible
  • SMM 2014: The risks remain with technology investment
    Hefty compliance and fuel-saving investments are boardroom-level decisions

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Sea-webweb site
SEPTEMBER 8, 2014
  • Bharati Shipyard seeks to sell wind business
    India's financially-stressed shipbuilder Bharati Shipyard has put its wind turbine assets up for sale. The sale comprises 14 wind turbine generators (WTGs) that produce a combined 15 mega watts of power in the state of Maharashtra. "Since Bharati Shipyard is going through a process of corporate debt
  • Wärtsilä introduces new controllable pitch propeller
    Finland-based power supplier Wärtsilä today announced it will introduce its latest large controllable pitch propeller (CPP) system at the SMM exhibition and conference in Hamburg, Germany, which opens tomorrow. Based on the previous E-hub design, the new CPP system "offers greater efficiency,
  • Grimaldi buys into Livorno's Sintermar terminal
    The Grimaldi group has taken an indirect stake in port of Livorno container terminal operator Sintermar through an alliance with Livorno's Fremura shipping and port services group. The Naples-based group has used a capital increase to take a 50% stake in Fremura group company CO.I.FI srl, which has
  • Koa Sangyo secures small tanker pair
    Japanese shipbuilder Koa Sangyo in Marugame has secured two orders for small chemical tankers with one each for compatriot shipowners Genkai Kisen and Shinsei Kaiun. The 1,000dwt Genkai vessel will have an overall length of 62.72m and beam of 9.8m. The 1,300dwt Shinsei vessel will have an overall
  • Japan mulls patrol boats for Sri Lanka
    Japan is considering supplying patrol vessels to Sri Lanka's coast guard as part of measures to deepen maritime security co-operation, according to a statement on the weekend visit by Prime Minister Shinzo Abe. Japan, which helped Sri Lanka build its first container terminals, announced a "new
  • Iraq to sue Greek shipping company over Kurdish crude shipments
    Greek shipping company Marine Management Services (MMS) has said that it will defend itself against legal action planned against it by the Iraqi government for transporting oil from the Kurdish autonomous region of Iraq. Reuters reported that Iraq had claimed that five MMS-operated vessels had been
  • Damen bets on ballast water treatment boom
    Dutch shipbuilder Damen Shipyards said today that it had set up strategic partnerships with three major ballast water treatment suppliers. Apparently banking on early implementation of the IMO's long delayed 2004 ballast water management convention, the group said that it planned to make use of the
  • Speculation belies uncertainty in shipbreaking market
    Despite uncertainty over steel plate prices and demand for scrap steel, cash buyers continue to overpay to recycle ships in India and Bangladesh, just to keep up with Pakistan. With prices averaging $460/lt ldt for bulkers and $490/lt ldt for tankers, Pakistan continues to be the market of the
  • Name change for Genoa's Voltri port
    Genoa Port Authority has announced that at the request of the local community, its westernmost port of Voltri will change its name to Pra. Authority president Luigi Merlo said: "It's evident that the main operations of this basin are carried out in front of the community of Pra and therefore we
  • Neu Gas seals another record timecharter
    Hamburg-based Neu Gas International has sealed another record timecharter, this time for a large gas carrier. Brokers told IHS Maritime that Swiss commodities trading house Gunvor has extended its hire of Neu Gas' 2009-built Ernest N for $2.075M per month or $69,166 per day. Market players believe
  • PPA to sign MoU with Subic Bay
    The Philippine Ports Authority (PPA) is set to sign a memorandum of understanding (MoU) with the Subic Bay Metropolitan Authority to designate a few berths in the former US military base as an extension of the ports of Manila. According to Joseph Emilio Abaya, Transportation Secretary of the
  • Pacific Radiance to grow share price
    Singapore-listed offshore marine services provider Pacific Radiance is tipped to increase its share price to SGD1.73 ($1.37), according to CIMB Associate Director Yeo Zhi Bin. Yeo highlighted that the company is steered by an experienced team of industry veterans who have intricate knowledge in
  • Indonesian and Australian coal prices drop
    Prices of Indonesian and Australian steam coal fell to a 10-year low last week, a situation that could encourage India to import more steam coal. A global coal glut and weak import demand due to cheaper Chinese domestic coal has caused prices to fall to levels not seen in a decade. Free-on-board

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The Journal of Commerceweb site
SEPTEMBER 8, 2014
  • Grain shipments rise on St. Lawrence Seaway amid rail turmoil
    Rail service delays may have spurred some grain shippers to divert cargo to barge services, as volume on the St. Lawrence Seaway rose 3 percent year-over-year in the April through August period. The volume growth comes despite barges traversing the seaway later than usual because of a lingering, harsh winter. Grain...
  • Charleston charts growth with focus on discretionary cargo
    The Port of Charleston will invest $1.3 billion in the coming decade to deepen its harbor to 50 feet, modernize marine terminals to accommodate today's mega-ships and build intermodal connectors to enhance its status as a world-class port, James Newsome, president of the South Carolina Ports Authority, said Monday. In his...
  • Freight demand, tight capacity drive Landstar revenue up 20 percent
    Landstar System expects to post $3 billion in revenue this year as strong freight demand and tight truck capacity boost revenue by double-digit percentages in the early third quarter. The "strong trends" Henry Gerkens noted in early July continued through August and show no signs of slackening, the Landstar chairman and...
  • Trucking hiring stalls as payroll numbers dropped in August
    Trucking's hiring plans stalled in August, as for-hire motor carriers with payroll numbers tracked by the U.S. Bureau of Labor Statistics lost approximately 800 employees. That was the first decrease in U.S. trucking job numbers as measured by the federal government since November 2013. As a result, the JOC.com For-Hire Trucking...
  • New BNSF contract in Tacoma could improve intermodal service
    Full-size chartA new contract between BNSF and a Tacoma short-line railroad aimed at cutting turn times down for trains leaving the Port of Tacoma could give shippers, particularly U.S. grain exporters, a much-needed improvement in rail service. BNSF and municipally owned Tacoma Rail signed a maintenance and fueling contract that aims...
  • Drayage driver shortage could threaten intermodal growth, analyst says
    The so-called truck driver shortage largely has benefited intermodal rail - until now. Trucking's increasing difficulty finding drivers to pilot big rigs has helped shift freight to intermodal containers, but it could also threaten future intermodal growth. "The driver shortage is beginning to hit drayage," John G. Larkin, managing director of...
  • European imports briskly expand despite sluggish EU economy
    European economic growth might be flatlining, but you wouldn't know it by the strong container import growth in the first half, according to Drewry Maritime Research. Asia to Europe and the Mediterranean container volume rose 8 percent year-over-year. Drewry expects continued traffic growth in the second half, albeit at a slower...
  • US needs LNG bunkering guidelines, Marad study finds
    Interest in using liquefied natural gas as vessel fuel is highlighting the need for regulatory policies and operational and safety standards, according to a new Maritime Administration study on LNG bunkering. The U.S. is hardly the only country trying to a handle on using LNG as a maritime fuel. Vessel owners...
  • Europe still trailing global air cargo growth
    The gap between the sluggish European air cargo sector and the resurgent global market looks set to widen with two of the region's leading carriers posting declines in freight traffic in August. Air France-KLM, Europe's largest cargo airline by revenue, saw traffic shrink by 1.7 percent from August 2013, outweighing a...
  • Third shipment of gates delivered for Panama Canal project
    Third shipment of new gates for Panama Canal arrives.Three out of four shipments of new gates have made their way to the Panama Canal, as the expansion project to make way for big ships nears 80 percent completion. The four-gate shipment arrived today at the Atlantic entrance of the canal aboard...
  • How is Maersk making money?
    When Maersk Line reported a $1.1 billion first-half profit last month that was 55 percent higher than the same period last year, some analysts wondered how the world's biggest container line was able to achieve such a huge change in only a year's time, especially when global demand was not...
  • China plans to further liberalize air cargo market
    The Civil Aviation Administration of China said it plans on liberalizing its air cargo market, but it's not clear whether China will allow more foreign carriers to operate domestically. Air cargo transportation is increasingly important to the country as its manufacturing sectors rise up the value chain to produce higher-value goods...
  • New CUC Alliance to offer 18 east-west services
    The three container lines planning to link up in a new vessel sharing agreement - CMA CGM, United Arab Shipping Co. and China Shipping Container Line - will initially operate 18 separate services covering the four major east-west trades, sources say. An official announcement is "imminent", according to PR News Service,...
  • Apple iPhone launch gets air cargo industry excited
    The air cargo market is giddily awaiting tomorrow's unveiling of Apple's new iPhone 6 that when launched will create a spike in export traffic from the production city of Zhengzhou and add further lift to solid air freight volumes out of China. Confidentiality agreements prevent Apple suppliers or service providers spilling...
  • Rising foreign trade ramps up China's August box traffic
    Container throughput at China's top ports rose 7.2 percent in August as both foreign and domestic trade accelerated, with the Pearl River Delta terminals bucking a recent trend to record the fastest growth this year. "We are particularly encouraged by the recent exports from Hong Kong and China, as well as...

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TradeWindsweb site
SEPTEMBER 8, 2014
  • Capital Product bags $151m
    Capital Product Partners has raised net proceeds of $151m as it closed a public offering of shares on the Nasdaq stock exchange.
  • Euronav loads IPO gun
    Euronav has filed papers to launch its long-awaited initial public offering (IPO) in New York.
  • More Panama gates arrive
    The third and penultimate shipment of lock gates for the widened Panama Canal has arrived.
  • Alaska LNG steps it up
    Planners of the Alaska LNG export project kicked off the federal permitting process, the latest milestone in for the planned liquefaction facility.
  • Vale joins yard initiative
    Vale has signed a cooperation agreement that will see it support the Brasil Basin Drydock Company (BBDC)'s proposed shiprepair yard in Brazil, New York's McQuilling Partners said.
  • State-backed deals rise
    State backed funding for newbuilding deals is booming and expected increase even more over the coming years the Ship Finance Forum at SMM in Hamburg was told at its opening conference this week.
  • Grimaldi in port play
    Italy's Grimaldi Group has unveiled an indirect investment in Sintermar, the terminal operator at the port of Livorno.
  • Golden Ocean cape fixed
    Golden Ocean has secured a period contract for one of its capesize bulkers, brokers say.
  • SSC buys new
    Singapore Shipping Corp has laid down $80m for a car carrier newbuilding.
  • Double joy for Seaspan
    Seaspan Corp has secured period work for a quartet of newbuildings and enlarged an options agreement with Yangzijang Shipbuilding.
  • German lessons required
    Germany's hard hit shipping industry needs to educate shipping investors more about risk if it wants to fill the funding gap left by the collapse of the KG market - which could continue for another two decades -according to ER Capital Holding CEO Jochen Klosges.
  • Marianas mission
    A Japanese investor is bringing a new cargoship into service in the Pacific.
  • Cido tanker TIL bound?
    Cido Shipping is believed to have shed its second aframax tanker of the summer.
  • ABN AMRO in Asia drive
    Dutch bank launches new advisory business in Asia offering its services to shipping companies.
  • Alfa Laval big on bonds
    Marine engineer Alfa Laval has refinanced its takeover of Frank Mohn AS with a EUR 800m ($1.04bn) bond issue.
  • OSG nets scrap cash
    Overseas Shipholding Group has secured a strong price from the demolition sale of one of its tankers, sources say.
  • Limarko boosts profit
    Lithuanian reefer and containership owner Limarko has posted increased first-half earnings as currency losses decreased.
  • JF in "investment mode"
    John Fredriksen's sale of a major holding in Golar LNG will not be followed by his withdrawal from other major companies in his business empire, one of his leading associates says.
  • Vinalines told to grow
    Vietnam's deputy prime minister Hoang Trung Hai wants national shipowner Vinalines to expand its bulker market share.
  • Rongsheng getting help
    Debt-ridden China Rongsheng Heavy Industries has been notified by the government that an "independent third party" could begin a restructuring of the shipyard.
  • Grounded in Greece
    Dramatic pictures have emerged of an Ince Denizcilik-owned bulker grounded on the rocks on the Greek island of Astypalaia.
  • Samskip MPP refloats
    A Samskip multipurpose (MPP) has been refloated after grounding off Iceland.
  • Ferguson to expand
    The investor buying bankrupt Scottish shipyard Ferguson is pledging to quadruple its workforce within three to five years.
  • Ulriken buyer emerges
    Yinson Holdings has confirmed that it is the buyer of a VLCC owned by Frontline affiliate Independent Tankers.
  • Wight to exit Algoma
    Algoma Central Corp is on the lookout for a new chief executive after the present incumbent announced his retirement.
  • Cleared to sail
    The US Coast Guard (USCG) has given permission for an American Steamship bulker that ran aground to resume its voyage.

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American Shipperweb site
SEPTEMBER 8, 2014
  • Great Lakes carriers see volumes rise in August
  • U.S. steel exports continue downward spiral in July
  • Port of Los Angeles receives grant to reduce air pollution
    The port will administer the grant from the Environmental Protection Agency's Diesel Emissions Reduction Act program, which will be used to retrofit 14 pieces of cargo-handling equipment with Level 3 diesel particulate filters.
  • Seaspan agrees to charter four more ships
    Gerry Wang, Seaspan's chief executive officer and co-chairman, said all of the company's new ships have been signed to attractive fixed-rate time charters with leading liner operators.
  • Air France to retire MD11 fleet
    "This fleet adjustment is in line with Air France-KLM-Martinair Cargo's strategy to strongly focus on specialized products and services like pharmaceuticals, flowers, oil and gas, or express," the carrier's Eelco van Asch told customers.
  • Maersk plans transpacific eastbound General Rate Increase
  • Carrier information platform Logistadvise launches
    The information service, which launched Monday, has 18 different search filters that allow the user to narrow their search to find the type of carrier they require based upon equipment, quantity and other service offerings.
  • ABC beefs up pharma service
  • FAA proposes fine against N.C. cargo airline

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The Bunker Bulletinweb site
SEPTEMBER 8, 2014
  • Deltamarin subsidiary to deliver turnkey scrubber
    System to be installed on vessel by the end of the year.
  • Newbuilds to use Wartsila dual-fuel engines
    Finnish engine maker confirms orders for four vessels.
  • Shipyard to launch LNG Hybrid Barge this week
    Will operate in the Port of Hamburg.
  • Prices weakening across Europe
    Sharp falls in Southern Europe.
  • Rotterdam congestion keeps box line diversion in place
    Diversion plan extended to mid-October.
  • Unmanned vessels might run on LNG
    'Technology for electronic positioning, satellite communications and anti-collision measures already exists.'
  • IFO prices display mixed trend in Fujairah
    IFO avails tight in Durban.
  • Alfa Laval in refinancing move
    Bond issue to replace bridging loan.
  • Wartsila develops controllable pitch propeller system
    Manufacturer says new system improves and efficiency and reduces emissions.
  • Engine order 'by-passes need for scrubbers'
    Dual fuel orders show 'shipping is an innovative industry with the smallest possible ecological footprint.'
  • IMO requirement for BDN in need of change
    Review identifies 'inherent problem' in supplier's declaration regarding compliance with sulphur limits.
  • China could struggle to meet LNG bunker targets
    New LNG bunker station to open next month.
  • Asian bunker prices spiral down at week's start
    Meanwhile, offices in Busan remained closed for a holiday.
  • 'Energy port' opens in the Caribbean
    Facility provides bunkering, among other energy services.
  • Saudi lubricants specialist expands marine portfolio
    New marine lubricant series to 'raise benchmarking standards'.
  • MARAD releases LNG bunkering guidelines
    Study addresses 'widespread challenges' of adopting the gas as marine fuel.




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