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17 September 2019 The on-line newspaper devoted to the world of transports 06:26 GMT+2

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Sched Netweb site
DECEMBER 2, 2015
  • Singapore's extension of shipping block exemption hailed by shipowners
  • Zim back in black, quarterly profit hits US$11 million, but sales fall 12pc
  • Capacity of global containership fleet is expected to grow 8.2pc in 2015
  • Panama Canal expansion could suffer new delay with cracks in lock
  • Nigerian pirates hit Cypriot-flagged, Polish ship, kidnapping 5 crew
  • Trucks with Turkish exports blocked at Russian border as Putin awaits apology
  • Eco lobbies tell shipping to cut CO2 emissions as climate conference opens
  • BIFA welcomes UK government's transport spending of US$93 billion
  • Rival to Canadian Brookfield's Oz port deal risks government intervention
  • Zhengzhou aims to take a bigger slice of US$600 billion China-Europe trade
  • Air cargo markets in Asia are expected to remain soft: AAPA
  • CargoLogicAir prepares to begin charter operations from London-Stansted

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Exim Indiaweb site
DECEMBER 1, 2015
  • Allcargo partners with Isha Vidhya for a unique golf jaunt, to support rural education
  • Class 4.3 - Substances which, in contact with water, emit flammable gases
  • Australia to export uranium to India
  • Petronet LNG may not face penalty from Qatar's RasGas for lower LNG offtake
  • Sharp fall in global prices makes iron ore imports possible
  • New box train service between Bengaluru & Chennai Port to commence soon
  • New Mangalore Port woos Mysore trade
  • Port sector to register profit of INR 6K cr. this fiscal: Gadkari
  • Seabird Distriparks (Krishnapatnam) CFS commences cotton & rice stuffing
  • Yogayatan Group announces Yogayatan Port at Mankhurd, Mumbai
  • INR rises further
  • Need to create enabling ecosystem to boost exports, says Jaitley
  • RBI keeps repo rate & CRR unchanged at 6.75 pc & 4 pc
  • Speed up approval of projects, Centre tells state green panels

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International Transport Journalweb site
DECEMBER 2, 2015
  • Ten authorities less?
  • FTA says take railfreight needs into account
  • ECS teams up with new client in Italy
  • Emmert takes over captain's seat at FCS
  • Funds to improve African transport infrastructure
  • Crewe depot welcomes VIP
  • Banking on the bunker barge fleet
  • Europa Worldwide Group banks on new FD
  • Broken heel block assembly causes derailment
  • MSD prolongs pharma contract until 2018
  • First-ever nonstop 'Cisco-Delhi service
  • New chair for Hong Kong Shipowners Association
  • Baltic-Adria rail corridor to be widened
  • Pay back and save says Hapag Lloyd
  • Finavia snaps up Finnair facilities
  • Zim on a rising tide

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IHS Maritimeweb site
DECEMBER 1, 2015
  • Jiangsu Yangzijiang signs contracts for two self-unloading bulkers
    China's Jiangsu Yangzijiang Shipbuilding has secured its latest order, winning a pair of self-unloading Laker bulk carriers. Ordered by Algoma Central Corporation, the contract is for two Equinox-class 29,300 dwt vessels with delivery scheduled for the first half of 2018. The 225m length overall Seaway Max self-unloading bulkers will join the company's...
  • Container spot rates predicted to be higher in 2016
    The long-term outlook for post-Panamax ships seen as challenging. Credit: AffeldtSpot freight rates in container trades should stage a marked recovery next year, but short lived successes with general rate increases (GRI) should not be regarded as evidence of a fundamental improvement between supply and demand, a senior shipping analyst...
  • DSME gets financing to fund Sonangol drillship orders
    A DSME shipyard. Credit: DSMESouth Korean export credit agency Korea Trade Insurance Corporation and its Norwegian counterpart Norwegian Export Credit Guarantee Agency have granted a USD620 million in export financing to Daewoo Shipbuilding & Marine Engineering to finance the construction of two drillships that were ordered by Angolan oil company...
  • Australian wage-dispute coaster crew refuses to sail
    Portland. Credit: Kevin FinniganThe campaign against 'cheap' foreign crews sailing in Australia's coastal trade has taken an acrimonious turn with Australian seafarers on board bulk carrier Portland defying an order to sail the vessel to Singapore where the ship was due to be decommissioned. A sit-in by the Alcoa-owned vessel's...
  • First Roy Hill iron ore shipped from Australia
    Hancock Prospecting's Gina Rinehart. Credit: PABulk carrier Anangel Explorer loaded the first shipment of iron ore out of the Roy Hill's South West Creek Wharf at Port Hedland in the Australian Pilbara today (1 December). Ore from the AUD10 billion Pilbara mine destined for China on board the Greek flagged 87,582 gt vessel...
  • Onassis Group to sell two VLCCs
    Olympic Legend. Credit: Malte SchwarzGreek shipowner Onassis Group has put two of its Very large crude carriers (VLCCs) on sale, taking advantage of the firming oil tanker market. IHS Fairplay was told by shipbrokers that the 2003-built 309,270 dwt Olympic Legend and 2005-built 306,997 dwt Olympic Leader, are now for sale....
  • Pan Continental orders ship for Southeast Asia service
    Ship welding. Credit: PASouth Korean intra-Asia container carrier Pan Continental Shipping has ordered an 1,800 teu ship at compatriot shipbuilder Dae Sun Shipbuilding & Engineering. The ship, with a length of 172 m, width of 27 m, and height of 13 m, is to be delivered by May 2017, the shipbuilder...
  • Drone ships on the horizon, but unlikely in next decade
    Remote-control workstations. Credit: HIT Drone cargo ships, known colloquially as 'ghost' ships, are unlikely to start operations within the coming decade and an intermediate step of partially automated ships with much reduced crew levels should be expected beforehand. A study on key technologies impacting the ports and logistics sector commissioned by global...
  • Japan's ClassNK to implement new container ship construction rules next year
    Japanese classification society ClassNK has made amendments to its rules and guidance for container carrier construction, which will apply to ships contracted for construction on or after 1 April 2016. Triggered by the sinking of Mitsui OSK Lines' container ship MOL Comfort, which caught fire, broke into two, and sank off the coast...
  • Cosco-China Shipping talks extended to January, say carriers
    No speedy resolution to China Shipping-Cosco talks that have been extended into the new year.HONG KONG - Talks between state-owned giants Cosco and China Shipping will continue into the new year, the groups said in exchange filings, six months after trading in shares of their listed subsidiaries was suspended.The lengthy...
  • Tanker giant reborn as Fredriksen seals merger
    Frontline's John Fredriksen. Credit: Chris Preovolos/CMA.Shareholders approved the merger of Frontline and Frontline 2012 on 30 November, officially heralding the return of shipping magnate John Fredriksen to the upper echelon of the publicly traded tanker arena. In 2011, Norwegian OTC-listed Frontline 2012 was split off from NYSE- and Oslo-listed Frontline...

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The Loadstarweb site
DECEMBER 1, 2015
  • Climate change will hit global supply chains as rising temperatures cause drop in productivity
  • Dave Gaughan promoted to UK managing director by Kerry Logistics
  • The bag that can absorb a bomb blast in a ULD could be a boost for air cargo security
  • Zim sails through the rates storm to turn in its third consecutive quarterly profit
  • Analysis: Canadian Pacific-Norfolk Southern merger appears to be on track
  • Lufthansa Cargo reconsiders options as finances come under pressure
  • Talks continue at Cargolux as collective work agreement expires
  • Christopher Rodrigues named new Port of London Authority chairman

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Marine Logweb site
DECEMBER 1, 2015
  • Gibbs & Cox acquires Donald L. Blount and Associates
  • Algoma adds more Equinox newbuilds to order book
  • ABB takes wraps off two turbocharger developments
  • Fincantieri Bay Shipbuilding delivers ATB
  • New seal can be fully serviced underwater
  • Castrol launches new cylinder oil
  • "Quiet drive" specialists cooperate

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World Wide Shipperweb site
DECEMBER 1, 2015
  • City of Kalama Oks plans for business park development
  • Matson plans to raise rates for Hawaii service cargo
  • Crowley awards scholarship to maritime academy cadet
  • Real estate investment tops list on Port of Olympia's 2016 budget
  • FMCSA sets final rule for truck driver protection

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Lloyd's Listweb site
DECEMBER 1, 2015
  • Port of Oakland lifting cranes to boost global trade
    The $14m project will begin in April 2016 and will take to up one year to complete
  • TEN wins long-term suezmax charter with an oil major
    Starting in December 2015, the fixture is expected to generate approximately $18.5m in total gross revenue
  • LA/Long Beach poised to receive first 18,000 teu ship
    Boxing Day treat as southern California prepares to welcome CMA CGM Benjamin Franklin
  • Rio Tinto approves new Queensland port and mine
    Boyd Bay development is part of $1.9bn Amrun bauxite project in Cape York
  • Release of product stocks will be a shock to the market, warns Maersk Tankers
    Reduction in storage due to price changes will dent product tanker demand in short term, says Christian Ingerslev
  • Pretend and extend is running out of road, Petropoulos warns
    Shipping could be moving from cycles to permanent over supply, according to big name banking analyst
  • Nomura paints bleak outlook for container shipping
    But to prevent the supply/demand imbalance from worsening, lines have a choice - return vessels or face the consequences, says study
  • Supras look to a better month
    Brokers suggest less volatile supramax rates for December
  • Jurong Port, Oiltanking to build new Singapore storage terminal
    Facility will support increasing demand for petroleum storage in Singapore
  • Wallenius Wilhelmsen Logistics to double service frequency to US west coast from Europe
    Move could increase transhipment opportunities to Latin America, the Caribbean and Asia
  • Suezmax and aframax rates flat on steady Middle East and West Africa demand
    Middle Eastern crude has become cheaper for Asian buyers
  • Dismal dry bulk market deepens Jinhui Shipping's net losses
    Results also hit by significant investment portfolio losses
  • UK shipping companies must switch to digital tax filing
    Chancellor Osborne changes rules in Autumn Statement
  • New shipping bank set to open in the new year
    Superstar-backed M&M good to go with $140m equity
  • Blueprint for electricity-driven 20,000 teu boxship unveiled
    CMA CGM, DNV GL and GTT reveal details as climate change talks start in Paris
  • LA/Long Beach ship count on target as congestion nightmare fades
    Marine Exchange of Southern California reports vessel numbers holding up, though long term trend is down
  • Divestment and ship chartering weakness hit Marco Polo Marine revenue
    Demand for tug, barges expected to remain challenging amid weak market
  • JERA inks LNG business agreement with Pavilion Energy unit
    Company expects Southeast Asia LNG demand to grow
  • EBRD to support Interorient Shipmanagement fleet expansion
    Loan aims to help recovery of the Cypriot economy by raising business activity in shipping
  • Steady VLCC spot rates generate impressive $71,200 per day November average
    Lack of significant rate rises and drops generated steady market conditions
  • Industry viewpoint: Somali piracy suppressed but not eradicated
    Hard-won advances made in combating piracy are at risk of being worn away without constant ongoing vigilance and the establishment of onshore security measures

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The Journal of Commerceweb site
DECEMBER 1, 2015
  • Reliance on today's low trans-Pacific spot rates could trap shippers if liners consolidate
    With spot rates on imports from Asia approaching $900 per 40-foot container to the U.S. West Coast and $1,700 to the East Coast, cargo interests that played the spot market rather than shipping most of their imports under service contracts this year are big winners. However, veteran shipping executives say that...
  • Brazil withholds emergency funding for Itajai dredging
    The future of the southern Brazil port of Itajai is once again in the balance as federal authorities refuse to release the urgently needed funding for emergency dredging to restore the 41 to 42.6-foot draft of the port following heavy rains from El Nino. As Brazil's second-largest container port and major...
  • Spot rate recovery next year on better supply-demand balance, analyst says
    Spot freight rates in container trades should stage a marked recovery next year, but short lived successes with general rate increases should not be regarded as evidence of a fundamental improvement between supply and demand, a senior shipping analyst said. The rates fell by 8 percent in November on the previous...
  • Does the 'shared economy' equate to 'smart shipping'?
    In the Age of Uber, a wave of technology companies is targeting freight transportation as the next big market to be transformed by smart phones, mobile apps and Web-based collaborative networking. Claims that Internet-based technology and the "shared economy" will overturn current freight transportation models and eliminate the need for third-party...
  • Spot rate recovery next year on better supply-demand balance, analyst says
    Spot freight rates in container trades should stage a marked recovery next year, but short lived successes with general rate increases should not be regarded as evidence of a fundamental improvement between supply and demand, a senior shipping analyst said. The rates fell by 8 percent in November on the previous...
  • Worst US manufacturing reading in three years signals LTL slowdown
    The worst reading from the Institute for Supply Management's Purchasing Managers Index in three years signals a slowdown in freight for less-than-truckload carriers to haul. The PMI, a measurement of manufacturing health, was at 48.6 in November as new orders, production, and inventories declined. These declines mean that motor carriers hauling...
  • Majority of shippers not ready for supply chain disruptions, study says
    Seven out of 10 global shippers lack the visibility in their supply chains needed to prepare and respond to disruptions - whether they are port labor slowdowns, natural disasters or something else. That unpreparedness hit 74 percent of the shippers surveyed that experienced disruptions in the last 12 months, according to...
  • Barge and rail service helps connect PNW exporters to Asia
    A container-on-barge and rail shuttle service in the Pacific Northwest is preserving the ability of exporters of agricultural and paper products in the region to serve their customers in Asia since the Port of Portland lost well over 90 percent of its container volume earlier this year due to a...
  • UTi Worldwide opens multimodal hubs in Malaysia, Vietnam
    New multimodal hubs in Southeast Asia will help logistics company UTi Worldwide take advantage of excess short-haul air capacity in the region and roll out new international routes. The hubs in Kuala Lumpur, Malaysia, and Ho Chi Minh City, Vietnam will help speed movement of goods from the region to UTi...
  • Rail, berths dominate NY-NJ port's $175 million capital budget
    Construction of intermodal rail facilities and rebuilding of ship berths are the largest items in the Port Authority of New York and New Jersey's $175 million capital spending plan for its seaport unit during the coming year. The planned spending is part of a $8.9 billion capital spending plan for fiscal...
  • Innovative stevedoring, ship designs could ease mega-ship woes
    Much like the airline industry, container shipping companies, even those perennially in the red, benefited from low oil prices and returned to profitability. But as 2015 is coming to a close, the fortunes of the container shipping industry have nosedived with even majors like Maersk Line issuing profit warnings thanks to...

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TradeWindsweb site
DECEMBER 1, 2015
  • Globus Maritime posts third-quarter loss
    US-listed bulker owner cautiously optimistic despite revenue decline and negative ebitda.
  • China giants signal merger talks horizon
    Cosco and CSG say stock trading halt in listed subsidiary will not pass 10 January.
  • Broker Marcon sued over bulker valuation
    TF Warren Group files $20m lawsuit against US firm claiming appraisal missed mark.
  • Tsakos confirms period charter for suezmax
    New York-listed tanker owner locks away suezmax in deal worth $18.5m.
  • WWL doubles up
    Nordic car carrier group increases Europe to US sailings.
  • OW's US arms strike settlement agreements
    Deals helped pave way to today's vote deadline on bankruptcy plan for three OW arms.
  • Total grabs Maersk drillship for Uruguay
    AP Moller-Maersk unit wins $44m contract for its Maersk Venturer, ending idle time.
  • Panama Canal queue returns to normality
    Maximum two-day wait time after delays reached 11 days in November.
  • Navios bulker grounds
    Vessel owned by Angeliki Frangou-led partnership stuck in Parana River, Argentina.
  • Lithuanian Shipping files again
    Struggling bulker owner applies for bankruptcy for second time this year as loss grows.
  • Tanker pumping halted
    Bad weather hampering lightering of grounded Russian vessel after spill.
  • Sembcorp foresees Q4 loss
    Singapore shipyard expects to take a financial hit due to rig delays.
  • GMS lands $620m loan
    Abu Dhabi-based owner signs deal for big debt facility as it looks to accomplish growth plan.
  • Hansson still on the hunt
    NAT CEO says there are "always ships for sale" as he expects strong tanker market to last into 2016.
  • Aurora debut a success
    LPGC owner satisfied with investors' appetite for its first visit to the bond market.
  • DSIC unveils LNG-fuelled VLCC
    Chinese shipyard wins approval from DNV GL for pioneering new eco-tanker.
  • CMA CGM seeks NOL cash
    French line reportedly in talks with BNP Paribas, HSBC and others to finance takeover.
  • Solstad strengthens Chevron ties
    Oslo-listed owner signs multi-year deal for derrick lay barge for Thai project.
  • CNCo MPP held after spill
    Owner sending team to New Zealand to investigate source of leak from Ningpo at Whangarei.
  • Paris climate talks LIVE
    Click here to view live coverage of shipping conference as part of France's COP 21 discussions.
  • Lay-up list lengthens
    Brokers report Island Offshore has stacked another vessel as rates fall again.
  • Huahai inks double
    Chinese yard to build general cargoships for compatriot Dalian Shunyue.
  • Davie deal confirmed
    New Canadian government goes ahead with conversion of former Capital boxship at Quebec yard.
  • Otto Marine looks to loosen covenants
    Singapore offshore vessel operator latest company looking to ease pressure on its financial position.
  • Scorpio should sell more capes
    Disposal of last five large bulkers best option to preserve cash, says UBS analyst Spiro Dounis.
  • Algoma inks duo at Jiangsu Yangzijiang
    Canadian shipowner firms up order for two self-unloading bulkers at Chinese shipyard.
  • Small fire strikes Princess Cruises ship
    Carnival group cruiseship Grand Princess loses power after switchboard fire off Hawaii.
  • Pacific Radiance exec buys shares
    Director in Singapore-listed offshore vessel operator makes first share buy in almost one year.

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American Shipperweb site
DECEMBER 1, 2015
  • NEWS FLASH: Congressional negotiators agree on 5-year highway bill
  • CBP discovers first in nation pest at Port of Baltimore
  • UTi establishes two new multimodal hubs
  • Shipping industry touts efforts to reduce emissions
  • Jamaica taps French firm to design port community system
  • Container service resumes on Columbia, Snake Rivers
  • Oakland modifying four cranes to handle larger containerships
  • MSC PSA European Terminal prepares for relocation
  • U.S. steel imports see mixed October results
  • Deutsche Post offers RFID tracking for international e-commerce
  • time:matters expands same-day European service

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The Bunker Bulletinweb site
DECEMBER 1, 2015
  • ECA lube laucnhed by Castrol
    'New regulations, changes in engine design, vessel operations and alternative fuels are presenting our customers with challenges.'
  • Bunker prices tumbled in November
    Analysts say crude oil prices likely to retreat further.
  • 'Approval in principle' for world's first dual fuel VLCC
    'This AIP is another step toward the more widespread adoption of LNG as a fuel for shipping.'
  • Bomin in bid to buy Bunkers International
    Offer of $5 million for all assets accepted, awaiting bankruptcy court approval.
  • Maersk acknowledges impact of low bunker prices
    Pioneer of Triple-E class vessels says part of the business case in being challenged.
  • Platts pre-report survey of analysts EIA data
    Suggests 100,000-Barrel Build in U.S. Distillate Stocks.
  • BC Ferries names LNG-fuelled newbuilding
    Ferry scheduled to join fleet in late 2016, it says.
  • Ecoslops sells first cargo of recycled marine fuel
    Company has ordered 3,000 mt more slops for processing, says CEO.
  • Engineering firm introduces inline scrubber design
    System easier to install on vessels with complex structural needs, says Alfa Laval.
  • Using wind propulsion offers 'commercial opportunities'
    Shipping industry will be forced to decarbonise no matter what happens in Paris, says IWSA.
  • BIMCO sees big role for scrubbers
    Global cap could make residual fuel oil extremely cheap, making scrubbers an attractive compliance option.
  • ICS, BIMCO explain global sulphur cap supply/demand issues
    Scrubber uptake and increased fuel efficiency important factors; enforcement bigger challenge than in ECAs.

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