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16 September 2019 The on-line newspaper devoted to the world of transports 08:50 GMT+2

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Sched Netweb site
DECEMBER 1, 2015
  • Cosco-China Shipping merger stands to trigger global industry consolidation
  • Mainline box shipping routes down 6pc, posting record lows in SCFI data
  • World Shipping Council's Koch predicts 'very challenging' 2016
  • Bigger boxships not better with current market conditions: Maersk
  • Taiwan's top three ocean liners see revenues plunge in Q3 dragged down by rates
  • Asia to lead quadrupling of worldwide exports by 2050: HSBC study
  • China expects to span globe with railways in Africa, South America, Europe
  • Freight firms see slow-growth, but express companies expect bright future
  • CMA CGM's foundation seeks proposals for helping disabled children
  • NYK Scholarships Offered for 15th Consecutive Year in China
  • Cathay to pay US$4m to settle Canada price-fixing probe
  • Stifel index shows confidence in air freight market softening over next six months
  • AirBridgeCargo adds Atlanta to US service network

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Exim Indiaweb site
NOVEMBER 30, 2015
  • 'Tabletop Drill' prepares for serious marine incident
  • Chinese deep sea merchant fleet outnumbers US-flag carriers
  • GCGL moves two 340-t HMC cranes from Antwerp to Paradip Port
  • Gold Star Line brings largest vessel to India
  • Govt notifies indirect tax benefits to shipbuilding sector
  • Idle containerships up by 52 pc in Nov.
  • IMMA develops app-driven medicine catalogue for seafarers
  • India re-elected as member of IMO
  • Maritime Cook Islands expands network, appoints Deputy Registrars in India
  • S&P raises Steamship Mutual outlook to Positive
  • Shipping industry seen benefiting from further consolidation
  • UK freight forwarding comments on UK govt's Autumn Statement
  • India's crude imports from Asia-Pacific shoots up to 187,000 bpd in Oct.
  • Cargo & construction truck business on recovery path
  • Uttarakhand gets MMLP developed by CONCOR & SIIDCUL
  • Economic growth will be in double digit, says Rajnath Singh
  • India has huge potential to become global supplier of hybrid seeds: Govt
  • INR recovers handsomely against dollar

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International Transport Journalweb site
DECEMBER 1, 2015
  • Finding space for groupage shipments
  • Fewer goods on German railways
  • New front man for Aviasecure
  • Aarhus Logistics Centre snaps up Cargo Service
  • Christmas present for Thorco
  • Laurels for top foreign investors in Slovenia
  • Locomotive factory projects shaping up in India
  • The beginning of the end of an era
  • SOL welcomes new ship
  • Consequences in Great Britain
  • PNYNJ posts box record
  • Higher volumes over next few months
  • Train journey to highlight climate conference
  • All-cargo carrier to hire 100 pilots
  • New Year - new ITJ editor

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IHS Maritimeweb site
NOVEMBER 30, 2015
  • DS Torm orders four LR2 tankers in first deal since 2008
    LR2 tanker Torm Kristina. Credit: HasenpuschDS Torm, the listed Danish product tanker company, says it has placed an order for four LR newbuildings with Guangzhou Shipyard International (GSI) with expected delivery in the period between 4Q17 and 2Q18. "The agreement includes the option to purchase up to six additional vessels within...
  • Germany's tramp sector looks into the abyss
    A typical tramp ship. Credit: Martin WrightGermany's once-proud tramp shipowner sector is looking down a precipice as the slump in the container ship charter market worsens. To make matters worse, the sector's banks are losing patience with defaulting shipping customers. Anecdotal evidence suggested that insolvencies of KG one-ship companies and fire...
  • Transas ECDIS first to pass new IHO & IEC standards
    November 2015. Transas Navi-Sailor 4000 ECDIS is the first system in the market to pass all DNV-GL tests according to the new IHO & IEC standards. The new generation of the Transas ECDIS complies with the latest requirements and provides a number of features beyond this. The production of the new...
  • Thorco to add five ships to fleet
    One of Thorco's existing fleet. Credit: Thorco Shipping Global project and breakbulk carrier Thorco Shipping has announced the acquisition of five large tweendecker mpp (multi-purpose) vessels in a drive to renew its fleet. The ships are 18,000 dwt units, each equipped with three cranes to give a maximum lifting capacity of...
  • More container consolidation, but there are limits
    As the industry awaits the outcome of CMA CGM's negotiations over a potential deal with Singapore's NOL, speculation has turned to other potential consolidation in the container line sector. Intriguingly, Maersk Lines chief operating officer Soren Toft, whose company had been challenging CMA CGM to take over NOL, said recently...
  • Bulk carrier Jinhui reports big loss on weak markets
    One of Jinhui's owned bulker fleet. Credit: Fotoflite Hong Kong-based dry bulk shipping company Jinhui Shipping & Transportation has reported major losses for both 3Q15 and for the first nine months of the year which it has attributed to a weak freight market and losses from investments. The group's net loss amounted...
  • Adaro Energy plans contract of affreightment with Philippines
    Photo: PAIndonesia's second-biggest coal producer, PT Adaro Energy, is arranging a contract of affreightment to ship coal to the Philippines. Sources told IHS Fairplay that at least 10 panamax bulkers a year would be required to fulfill the contract. Although demand from China, the world's biggest coal importer, has been weakening, the Philippines has been...
  • TEPCO-Chubu Electric joint venture eyes Singapore coal trading
    Officials at the launch of the JV in April. Credit: PAThe recently formed thermal fuel venture between Japanese utility companies Tokyo Electric Power Co (TEPCO) and Chubu Electric Power has set up a subsidiary in Singapore to trade coal and charter bulkers. JERA Co Inc, which began operations in Japan in...
  • Robotics and big data central to port innovation
    The research was commissioned by DP World. Photo: PAInnovation in robotics, driverless vehicles, big data, and simulation software will be more important to port operations in the next decade as shrinking global trade volumes emphasise cost-cutting and efficiency. A new piece of research commissioned by global port operator DP World says...
  • Thailand's Laem Chabang plans infrastructure projects worth $167m
    Thailand's Laem Chabang port is undertaking three key infrastructure projects worth THB6 billion (USD167 million) to improve efficiency and expand its position as a trade hub for ASEAN, according to port director Montree Rerkjamnian. Local press reports said Laem Chabang is currently seeking a contractor for a THB1.8 billion container...
  • Ferry forced to transfer passengers after hitting debris
    An Indonesia-registered ferry was forced to transfer its passengers to another vessels on 29 November after hitting a floating object during its journey from Batam, Indonesia to Singapore. Sea Prince, the 1976 built passenger ship with IMO number 88843408, was carrying 97 passengers, including 51 Singaporeans and 7 crew. It departed...

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The Loadstarweb site
NOVEMBER 30, 2015
  • Container shipping rate contract negotiations hit deadlock, due to low pricing
  • Merck Sharp & Dohme extends contract with Kuehne + Nagel
  • Plea for Whitehall to hold faith in UK rail freight as report calls for upgrade delays
  • Maersk Line signs up for ambitious plan to develop Indonesian port of Bitung
  • Cargo 2000 set to be re-named as fresh team plots new course
  • Delivering cargo: Iraqi Airways' novel 747 loading solution
  • Logistics startups changing India's e-commerce supply chain
  • Measuring port performance...

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Marine Logweb site
NOVEMBER 30, 2015
  • Davie box ship to oiler conversion gets go ahead
  • New pilot boat has Volvo Penta IPS propulsion
  • Cat releases C9.3 ACERT platform to commercial market
  • Two Tampa shipyards combine operations
  • Seacor eyes spin off of offshore business
  • Scania showcases Tier 3 line up at Workboat Show
  • Torm returns to the newbuilding market
  • Alfa Laval adds inline PureSOx exhaust gas scrubber
  • World's largest wind farm installer delivered

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World Wide Shipperweb site
NOVEMBER 30, 2015
  • Weather slows remediation work on Port of Port Angeles project
  • Trade between NAFTA partners down during month of September
  • Seattle-based Coast Guard Cutter returns from 50-day Pacific patrol
  • Vancouver Port Commissioners vote to approve 2016 budget
  • Ahead of schedule maintenance work allows early opening of Chittenden Locks

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Lloyd's Listweb site
NOVEMBER 30, 2015
  • Euronav sold a 1998-built suezmax tanker for $22m
    Crude tanker owner reaps capital gain on sale of $11.1m
  • Golar LNG eyes Iranian opportunities
    Iran has capacity to employ as many floating liquefaction vessels 'as we dare to dream', says Golar Management boss Smith
  • Euronav board exits clear the way for independent growth
    Increased independence and diversification of the board was always part of the grand plan says tanker giant as key long-term backers Peter Livanos and Marc Saverys step down
  • Hapag-Lloyd to pay off high-interest bond
    German line refinances to pay down debt
  • Scorpio Tankers drops four MR options
    Emanuele Lauro-led product tanker player also extends time charter period for LR2 ship
  • European companies have Iranian advantage over US competitors
    Lifting of sanctions against Iran does not immediately include US companies, or US nationals
  • PLA appoints new chairman
    Christopher Rodrigues to take helm of Port of London Authority
  • Rickmers Maritime exits creditor agreement
    Tight restrictions now lifted, giving it more financial flexibility and easing trust's path to growth
  • Höegh LNG reports strong third quarter amid FSRU demand
    Oversupplied LNG market bodes well for FSRU demand growth, says company
  • Euronav taps new chairman as Peter Livanos resigns
    Seasoned ship finance banker Carl Steen is named to lead board
  • Long-haul LNG shipments to India to shrink in 2016
    Indian buyers have gravitated toward buying cheaper spot LNG amid lower oil and gas prices
  • Hong Kong Shipowners' Association elects new executive committee members
    Sabrina Chao picked as association's chairman
  • IMO picks new 40-member council
    Members remained mostly unchanged from the 2014-2015 biennium
  • Egypt launches East Port Said development project
    Project to provide more jobs for young people in the country
  • Wisdom Marine posts strong results amid dismal dry market
    Year-to-date revenue for end-October rose 17.2% compared with the year-ago period
  • Euroseas sells 1993 containership for recycling
    Bulkers and boxships operator trims net loss to $1.4m
  • It's the climate, stupid
    There is still much to play for at the Paris climate talks
  • Prepare for the winds of change from Paris
    Latest UNFCCC meeting could push more CO2 reduction demands on shipping
  • Make them listen, make them remember
    It is still a struggle to get the message of maritime importance out to the wider population

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The Journal of Commerceweb site
NOVEMBER 30, 2015
  • Werner hikes pay to retain, recruit solo drivers
    Werner Enterprises, the fifth-largest truckload carrier in the U.S., is raising solo driver pay by an average of $5,000 annually, the latest sign of how motor carriers are forking out more to keep and attract drivers ahead of serious demographic headwinds. The pay increase for solo drivers comes on the heels...
  • Oakland raises crane heights ahead of expected mega-ships
    The Port of Oakland is increasing the height of four ship-to-shore cranes so they will be capable of working the largest container ships now calling at U.S. ports, and even larger vessels in the future. The existing cranes, which are 13 years old, will be raised 26 feet higher, and they...
  • North Carolina port seeks to punch with South Atlantic heavyweights
    The Port of Wilmington, North Carolina, is using a newfound infusion of $35 million in annual state funds to expand its container facilities, dredge its harbor, and try to escape the shadow of its larger regional competitors. With a U.S. East Coast market share that for years has been less than...

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TradeWindsweb site
NOVEMBER 30, 2015
  • Chemical tankers sold
    Glovis said to be buyer of tankers owned by Principal Maritime and Nisshin Shipping.
  • Slots now an issue for ferry arrested in US
    Casino company seeks access to arrested ferry Nova Star in order to retrieve assets.
  • GulfMark shares leap
    Shares in Houston offshore vessel owner increase by 20.8% on New York Stock Exchange.
  • Euronav books $11m gain on suezmax sale
    New York and Brussels-listed owner confirms Cap Laurent offloaded for nearly $22.3m.
  • Vitol aims to continue Libyan export scheme
    The Swiss trader, which has supplied Libya since 2015, said it hopes to renew deal.
  • Seal bite leads to rescue by UK military
    Navy and air force send assets to help cruise passenger injured in wildlife encounter
  • Lender restrictions ease for Rickmers
    The Singapore-listed boxship operator said the move improves 'financial flexibility'.
  • Hoegh Partners logs slight restatement
    Parent Hoegh LNG Holdings pays indemnification to spinoff over Indonesian tax issue.
  • Golar mulls sale of fleet of six LNG carriers
    New York-listed owner turns focus to FLNG units as it reports in-line quarterly loss.
  • Frontline returns as merger is approved
    John Fredriksen's plans to bring together his two tanker companies get shareholders' green light.
  • 'Grand plan' comes together
    Watershed as Euronav founders step down from board, as world's largest quoted-tanker firm aims to attract bigger investors.
  • Grupo TMM turns red
    Mexican owner posts loss for the third quarter of the year despite a 9.2% increase in revenue.
  • Hapag-Lloyd splashes cash
    Newly-listed container line spending $125m on buying back expensive US bonds.
  • Fixtures at three-year low
    Braemar ACM says October's offshore bookings fall, but lay-ups causing rate spikes.
  • Wrist acquires Den Helder
    Danish ship supplier expands in the Netherlands as it buys partner.
  • Buhari takes aim
    Nigerian president blasts owners, oil companies and banks for "aiding and abetting" corruption.
  • Seacor unit changes hands
    Offshore marine subsidiary of US owner issues $175m in convertible notes to Carlyle Group.
  • Scorpio drops MR options
    US-listed owner says Mipo tanker quartet will not be built as it seals $36m loan to refinance LR2.
  • Shin Yang on the rise
    Diversified Malaysian shipowner pushes up its profit despite posting smaller revenue.
  • Korean duo downgraded
    KIS cuts ratings for HMM and Hanjin Shipping in difficult markets.
  • Interorient clinches $114m loan
    EBRD coughs up the cash to allow Cyprus-based manager to boost fleet.
  • Shreyas in new JV
    Indian boxship owner forming logistics company with Japan's Suzue Corp.
  • Yangzijiang buys into ZLPFL
    Chinese shipbuilder splashes out $15.6m for 40% stake in new leasing firm.
  • Russian tanker spills oil
    Clean-up begins on Sakhalin Island after veteran vessel runs aground in storm.
  • Eleven crew feared dead
    Eight other seafarers rescued after Chinese cargoship sank off the Philippines.
  • Abducted sailors safe
    Five Polish seafarers kidnapped in Nigeria on Friday make contact with families.
  • Torm confirms return to newbuilding arena
    Danish owner says four firm LR2s are costing $200m, with six options in place at its favoured Chinese yard.
  • Dof sells again
    Owner offloads second vessel this month as OSV heads to Australia.
  • Steen takes the chair at Euronav
    Peter Livanos and Marc Saverys step down as tanker owner seeks to diversify board after US listing.
  • Hoegh LNG back in profit
    Norwegian owner turns around loss as it benefits from Egas charter of FSRU Hoegh Gallant.
  • Pacific Richfield fleet put up for sale
    Singapore offshore vessel operator undergoing company sponsored restructuring exercise.
  • Jinhui books $32m loss
    Stock market slide and weak freight rates take their toll at Hong Kong and Oslo-listed shipowner.
  • Batam ferry runs into trouble
    Fast ferry reported to have floating object after leaving the Nongsapura ferry terminal in Batam.

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American Shipperweb site
NOVEMBER 30, 2015
  • Holiday shopping season kicks off with strong e-commerce orders
  • General cargo vessel sinks off Luzon, 11 seafarers feared dead
  • ZIM reports $11m Q3 profit
  • GRI Roundup: Maersk Line, CMA CGM
  • Executive Moves: Port of Stockton, Hong Kong Shipowners Association, APEC and Cargotec

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The Bunker Bulletinweb site
NOVEMBER 30, 2015
  • ICS, BIMCO explain supply/demand issues of global sulphur cap
    Scrubber uptake and increased fuel efficiency important factors; enforcement bigger challenge than in ECAs.
  • Market 'living dangerously' due to lack of credit discipline
    Low oil prices making it too easy to deal with companies that have limited capital.
  • Singapore Dec ex-wharf 380 bunker fuel concludes at premiums of $1-$1.50/mt
    Incoming western volumes for December expected to be mostly bunker market ready or cracked material.
  • Iran: 'State-owned company returns to international bunker market'
    'The NITC's oil tankers loaded their first bunkering consignment on Monday.'
  • Additional rotor sail increases vessel's fuel efficiency
    Second prototype installed in November 2015, says shipping firm.
  • Egypt: Bunkering firm and players to develop Ain Sokhna port
    Agreement signed to build harbour for petrochemical and gas operations, says report.
  • Rise in MFM-equipped bunker tankers at Singapore
    Number has increased to 48, showed data from Maritime and Port Authority of Singapore.

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