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14 December 2019 The on-line newspaper devoted to the world of transports 15:08 GMT+1




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Sched Netweb site
SEPTEMBER 17, 2014
  • HK cargo down 2.9pc in August to 1.88 million TEU, Singapore up 1.8pc
  • Los Angeles port August cargo up 6.7pc to 757,702 TEU - highest since 2010
  • Top Shanghai FTZ man expected to resign over party 'disciplinary' violations
  • Port of Dar es Salaam wins US$565 million in World Bank, UK loans and grants
  • Container volume at Port of Naples falls 14pc in first half to 209,000 TEU
  • China's NDRC fines Volkswagen JV and Chrysler US$46 million for price-fixing
  • US Treasury Secretary raises objection against China's antitrust probes
  • Foreign barriers hinder US digitally sensitive industry growth: state study
  • Airbus military unit Marlink secures maritime satellite deal for 75 ships
  • India drops solar panel anti-dumping duties ahead of Modi-Obama meeting
  • Swiftair orders four B737 passenger aircraft for conversions to freighters
  • Air France-KLM plan to expand budget carrier Transavia runs into problems
  • Norwegian starts air cargo services from Oakland to Oslo and Stockholm

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Exim Indiaweb site
SEPTEMBER 16, 2014
  • Rates in a spot again on major trade lanes
  • Shipbuilding a focus area for 'Make in India' agenda
  • Suzuki Motors to export two-wheelers from India
  • 'Tata Motors supports Driver's Day'
  • China keen to invest in India's rail projects
  • Govt doubles entry limit of highway projects for PPPAC approval
  • Mahindra Trucks & Buses supports Driver's Day, a social initiative by Siddhi Vinayak Logistic Ltd (SVLL)
  • Export growth slows to five-month low of 2.35 pc in Aug.
  • INR recovers moderately against dollar
  • Jute manufacturers demand external market assistance scheme to help exporters
  • IPPTA felicitated at MALA 2014

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International Transport Journalweb site
SEPTEMBER 17, 2014
  • Zip Heaters invests in new transporters
  • No extra stress with super lorries
  • DB Schenker invests in Shenyang
  • 4flow expands to Hamburg
  • Norwegian offers freight service to San Francisco Bay area
  • Transbox and UCT launch joint venture in Antwerp
  • Port of LA gaining on the swings
  • Consortium to revamp Serbia's railway infrastructure
  • Swiftair orders eight converted B737s
  • Changes in leadership at Estonia's port of Tallinn
  • Port of LB losing on the roundabouts
  • DHL expands multimodal rail service in China
  • New life sciences and healthcare centre in Leipzig
  • Cargolux adds second service to Beijing and Xiamen
  • Ecowas ready to launch maritime zones to fight piracy

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Marine Logweb site
SEPTEMBER 16, 2014
  • Ferry company to pay $100,000 in EPA penalties
  • Egypt Suez Canal stamp shows wrong canal
  • Cat offers part load kits for MaK M 32 E engine platform
  • Coast Guard takes delivery of fourth NSC
  • APC offers eco-friendly tank coatings formulations
  • Singapore cracks down on illegal MGO sales
  • MAIB reports on ECDIS assisted grounding
  • Keppel FELS wins $227 million jack-up order

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World Wide Shipperweb site
SEPTEMBER 16, 2014
  • Port of Everett chief engineer named to state transport board
  • Port of Los Angeles releases August cargo volume numbers
  • Port of Tacoma schedules free guided boat tours
  • New dual-fuel LNG engine placed in TOTE container ship
  • Emergency response exercise set for Bellingham Airport

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Lloyd's Listweb site
SEPTEMBER 16, 2014
  • Deutsche Bank names StealthGas its top pick in gas shipping
    Greek owner holds the largest LPG fleet in the market
  • Manila congestion is far from over, says ICTSI
    Lifting the truck ban is only the start of a long recovery, says port operator
  • Earnings fall short for medium range product tankers
    Tonnage fails to deliver the 'buzz and optimism' that analysts expected this year
  • Torm shareholders face threat of further dilution
    With new debt holders, struggling tanker operator ponders another equity for debt swap
  • Scorpio Tankers' magnificent seven go to work
    Tankers start time charters as soon as they hit the water
  • Aronnax: storing power
    The age of the battery has arrived
  • Sanctions force spotlight onto aframaxes hauling Russian crude
    Trade from Kozmino chugs along, but for how much longer?
  • Top 2M managers urge FMC not to stop the clock
    Executives dash to Washington after two commissioners voice tie-up worries
  • Greece has fewer owners but a bigger fleet, finds Petrofin report
    The country's shipping industry is growing, but consolidation is well under way
  • Mixed fortunes for Los Angeles and Long Beach
    Los Angeles reports strong growth in box volumes as Long Beach traffic declines
  • Aurora LPG fixes its fleet for the third quarter at $110,000 per day
    US exports and healthy volumes from Africa and Middle East support VLGC demand
  • Brokers cautious as demolition rates exceed $500 per ldt
    Rise follows stability in domestic steel plate prices and currency exchange rates for key markets
  • Seaspan ponders buying Greater China Intermodal Investments
    New York-listed owner explores partnership takeover and other options
  • Russia and Finland agree to share icebreakers
    The deal allows Arctia to operate near St Petersburg
  • KNOT lands 20-year time charter for two suezmaxes to shuttle Brazilian oil
    Charterer is Brazil Shipping, a subsidiary of British Gas
  • Maersk raises $1.25bn in two bond offerings
    Proceeds will be used for general corporate purposes
  • Vale-Cosco deal takes wind out of dry bulk stocks
    Direct deliveries via valemax to China, while good for Vale and Cosco, could weigh down capesize spot market from 2016
  • Condensate shipped from US Gulf to drive product tanker growth
    If US export approvals continue and refiners' projects come on line, demand could rise 5%

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Sea-webweb site
SEPTEMBER 16, 2014
  • IGF Code draft agreed by IMO Sub-Committee
    The long-awaited International Code of Safety for Ships using Gases or other low flashpoint fuels (IGF Code) has moved a step closer to ratification. The IMO said in a press release that with the Sub Committee on Carriage of Cargoes and Containers (CCC 1) have agreed on the first draft of the code.
  • Keppel scores another jack-up rig from GDI
    Singapore's Keppel Offshore & Marine, the world's biggest rig builder, said today its subsidiary Keppel FELS has clinched an order to build another jack-up rig for Qatar-based Gulf Drilling International. The rig, of the KFELS B design, is worth $227M and the order comes with two additional
  • NMDC profit slumps by half
    Abu Dhabi-based National Marine Dredging Company (NMDC) reported a 50% slump in profits for 2Q14, citing delays to the start of recently awarded dredging projects in Qatar and Bahrain. NMDC, whose recent projects have included the Das Island airport construction, Abu Dhabi's Corniche Beach
  • DSME wins LPG pair
    Daewoo Shipbuilding and Marine Engineering (DSME) have won an order from an unknown Asian owner for two large LPG gas carriers. The two 84,000m³ vessels are scheduled for delivery in 2017 and cost a total of $160M. DSME has won orders for 10 LPG carriers of the same size this year, with four for
  • APM expands bond portfolio with US dollar issues
    Danish shipping giant A.P. Møller-Mærsk has expanded its portfolio of bonds by two US dollar denominated issues. The company said in a statement it had raised $750M in five-year paper with a 2.55% coupon, and $500M in 10-year binds that carry a coupon of 3.75%. "The transaction is A.P.
  • Lower China production a warning for shipping
    Shipping is set to suffer after data released for August revealed lower Chinese industrial output, an analyst has warned. Industrial production in China rose by 6.9% in August: well below the 24 month average of 9.4%, according to the data released on 15 September. "The growth level is the lowest
  • Torm chairman warns of debt write off, conversion to equity
    Flemming Ipsen, chairman of listed Danish product tanker company DS Torm, has said the company's debt may have to be written off and/or converted to equity. "Despite our progress, we are not yet ready to present a concrete proposal for a long term solution to the company's financial situation," he
  • Samjin Shipbuilding in sale talks
    Samjin Shipbuilding Industries has confirmed to IHS Maritime that it is in discussions to sell itself due to its financial troubles. Established in 1999, the South Korean-owned company whose shipbuilding facilities are in Weihai in China's Shandong province, found itself mired in financial woes
  • Tax rules changed for Indian seafarers
    India's tax authorities have agreed to re-write rules for seafarers on Indian-flag ships to qualify them for non-resident status. The move is intended to end an anomaly that is cited by local fleet-owners as the main reason for an acute shortage of seafarers to man their ships. A seafarer serving on
  • CNOOC discovers gas in South China Sea
    China National Offshore Oil Corporation, China's third biggest national oil company, said yesterday that its rig HYSY981 made the first discovery of a deepwater gasfield in the South China Sea. The gas field, tagged Lingshui 17-2, is in the northern part of the South China Sea, said a statement on
  • Mariner missing in FSO fire
    A seafarer is missing today after a floating storage and offloading vessel belonging to Indonesian national oil company Pertamina caught fire. The FSO, Cilacap/Permina Samudra 104, caught fire about one nautical mile off Kotabaru, South Kalimantan this morning (16 September). Pertamina officials
  • Korea P&I Club builds mobile office system
    The Korea Shipowners' Mutual Protection and Indemnity Association (Korea P&I Club) and a Korean system builder, T2L have developed a mobile office system. The club said in a statement that the mobile system, accessible through smartphone apps, can help employees make swift decisions using
  • Fifty-eight people held in Singapore over illegal fuel sales
    Singapore's police coastguard has said that since 2013 it has arrested 58 people for illegally selling marine gas oil. Those arrested comprise 55 foreign crew members and three Singaporean financers. More than SGD22,000 ($17,740) was seized during the course of investigations, as well as six
  • KNOT fixes two tankers to BG unit
    Knutsen NYK Offshore Tankers (KNOT) has time-chartered two shuttle tankers to Brazil Shipping, a subsidiary of the UK energy company British Gas (BG). Knutsen NYK is a joint venture between Norwegian tanker owner Knutsen OAS Shipping and Japan's NYK line. The contract will see the tankers transport
  • Swissco orders its first liftboat
    Singapore-based offshore oilfield service provider Swissco Holdings has ordered its first liftboat. The company said the contract, worth $56M, has been placed with a Southeast Asian yard. IHS Maritime asked Swissco if the contract is the same as the one announced by Singapore-based offshore vessel
  • Triyards clinches another liftboat contract
    Singapore-based offshore vessel fabricator and engineering solutions provider Triyards Holdings said today it has won another liftboat contract, scheduled for completion in 2016 The contract value was not disclosed. The order for the new unit comes soon after the company won two other contracts
  • Greathorse Chemical gets $95M from SCPE, Tiger Group
    Tiger Group Investments and Standard Chartered Private Equity (SCPE) will jointly invest $95M in Greathorse Chemical to expand its chemical tanker fleet. Shanghai-based Greathorse Chemical will also be receiving $65M from other investors, taking the total initial investment will be $160M, a company

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The Journal of Commerceweb site
SEPTEMBER 16, 2014
  • Implementation of ballast water treaty could be rocky, shipowners warn
  • Panama Canal expansion project gets cash injection
  • Port of Virginia poised for 'historic year'
  • Alliances instill lack of uniqueness in services, SeaIntel says
  • 2M carriers attempt to expedite US regulatory approval
  • Singapore posts 2 percent growth in container volume
  • Brazil beef exports to Russia soar following US, EU sanctions
  • Gartner names Europe's best shipper supply chains
  • Global Ports' profit surges 30 percent on acquisition, weak ruble
  • US agency scraps plan to raise bond levels for forwarders, NVOs
  • India export growth slows to five month low
  • India intermodal delays prompt new carrier surcharges
  • JOC Group economist upgrades forecast for US import growth
  • Seaspan considers acquisition of partner
  • Diversions continue to hurt LA-Long Beach port volumes
  • Egypt announces sell-out of Suez Canal certificates
  • BB&T says rail service issues are hurting intermodal truckers
  • Correction: MSC announces low-sulfur surcharges in North Europe, North America
  • Bayonne Bridge raising is delayed six months

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TradeWindsweb site
SEPTEMBER 16, 2014
  • DHT seals takeover
    But questions about the price paid for Samco Shipping and its fleet of VLCCs remain.
  • The young and the restless
    Greek owners' newbuilding binge has dramatic effect on age of nation's fleet, report shows.
  • Scorpio fixes newbies
    US-listed owner finds instant employment for seven new LR2s and MRs delivered from Korea.
  • Research coup continues
    Natasha Boyden initiates coverage of tanker stocks as MLV's expansion drive gains steam.
  • Boost for Rand dissident
    Dissident shareholder receives support in battle to overhaul US owner's board.
  • FreeSeas frees cash
    Owner banks $12m from sale of handymax; charters same ship back for nearly ten years.
  • Torm eyes debt swap
    Chairman of Danish owner warns shareholders that financing deal may dilute stakes.
  • Haze returns to Singapore
    The MPA issues a warning to shipping as a precaution against reduced visibility in port.
  • MEO recruits Shesh
    Man credited with turning things around at Jaya Holdings takes his magic to Australia.

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American Shipperweb site
SEPTEMBER 16, 2014
  • Battle over Ex-Im Bank nears resolution
  • ACC, shippers groups support STB bill
  • McLeod: Gradual trucking growth allows carriers to invest in systems
  • Kewill releases cloud version of MOVE platform
  • FMC told port congestion getting worse
  • Bayonne Bridge project completion delayed
  • TNT signs agreement with fashion house

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The Bunker Bulletinweb site
SEPTEMBER 16, 2014
  • New attempt to reduce flash point limit at IMO
    Paper submitted to November meeting says it would improve availability and price of ECA-compliant fuels.
  • Bulkers collide in Singapore bunker anchorage
    One vessel started listing.
  • Crude oil prices keep bunker markets soft
    Bunkerworld Index is at its lowest level in over two years.
  • Adapt to global warming as 'we are past mitigation'
    Heat and CO2 being absorbed by the ocean driving some of the changes that will be felt in the industry, ICS conference told.
  • Implementation the weak link in IMO regulations
    IMO makes shipping 'easy to regulate' but results may fall short of intentions due to poor member state follow-up.
  • 'Aspirational' regulations under fire at ICS conference
    Panel discusses lack of balance between environmental aims and impact assessments, citing sulphur and ballast water regulations as examples.
  • Asian bunker market weakens further
    Average to strong demand seen in Hong Kong, despite a lingering typhoon.
  • Arbitrage volumes rising as freight rates fall
    October fuel oil arrivals in Singapore set to reach six-month high.
  • Vietnamese shipowners are 'in debt'
    'Insufficient demand and high bunker prices have contributed to sector's plight.'
  • Bunkering activity suspended in Hong Kong
    Port closes due to rough weather caused by typhoon Kalmaegi.
  • Singapore sees surge in illegal bunker sales activities
    Volumes sold in black market have jumped over 10 times.
  • More dual-fuel engines ordered from China
    Engines ordered after 'longer period of evaluation', says MAN Diesel & Turbo.
  • Antigua to introduce bunkering services
    Caribbean island is redeveloping its port facilities, says spokesman.




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