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06 April 2020 The on-line newspaper devoted to the world of transports 13:15 GMT+2




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Sched Netweb site
NOVEMBER 4, 2015
  • DP World takes full control in UK's DP World Southampton
  • OOCL adds Hong Kong call on Asia-Europe service for Christmas
  • CMA CGM suspends Burundi service due to heavy fighting
  • Maersk to improve grow cargo flows in Indonesia's remote east
  • US Navy finds what is believed to be sunken El Faro cargo ship
  • Tanker safety record tarnished by several incidents
  • Road haulage prices on cross-channel route likely to rise
  • Box volume up slightly at South Africa's Transnet
  • K + N expands presence in Caribbean with new Dominican Republic office
  • Sarjak sets up offices in Chile and Brazil
  • FCS renews contract to handle Air China Cargo in Frankfurt
  • Delta Air Lines leaves trade group, Airlines for America (A4A)
  • New quality standards agreed on at C2K meeting in Vienna

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Exim Indiaweb site
NOVEMBER 3, 2015
  • Global logistics confidence down: Index
  • APM Terminals Mumbai opens new facility for factory-stuffed export trailers
  • NMPT taking steps to boost coastal shipping: Parida
  • Ship-to-shore cranes arrive in Mersey for Liverpool2 container terminal
  • Transloading suggested as an option for handling large vessels
  • Tulsidas Khimji successfully handles a kingsize assignment
  • Centre extends validity of anti-dumping duty on fastners from China & Taipei
  • Exempt metals from FTA ambit, metallic scrap recyclers urge Centre
  • FCI to go for silos to increase storage space
  • INR declines further sharply on heavy dollar demand

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International Transport Journalweb site
NOVEMBER 4, 2015
  • New tank cars to raise loading capacity
  • Reinforcement for Northern and Southern Star
  • Ready, steady...purses out on Russian roads
  • Logistics premises for automotive business
  • Rolling the intermodal way from Germanyto China
  • Arkas adds Piraeus to line-up
  • A gateway at the Gateway
  • Funds to improve rail connection to port
  • ICTSI results: sunshine and shade
  • Mission completed
  • Rhenus reinforced in UK
  • Libyan Wings' next try
  • Schwarzmüller internationalising
  • Schiphol community votes for innovation and leadership

free news
IHS Maritimeweb site
NOVEMBER 3, 2015
  • Strong dredging market expected for 2016
    GLDD hopper dredge Terrapin Island. Credit: GLDDCoastal restoration projects in the Gulf of Mexico will be a significant driver for US dredging companies in 2016, the head of America's largest dredge contractor predicts. Jonathan Berger, CEO of NASDAQ-listed Great Lakes Dredge & Dock (GLDD), said during his company's 3Q15 earnings...
  • IHC wins dredger Huta 14 renovation
    Cutter suction dredger Huta 14. Credit IHCNetherlands-based IHC Services has won the contract from Huta Marine Works of Saudi Arabia to renovate the self-propelled cutter suction dredger (CSD) Huta 14. Work will be carried out by IHC Middle East, based in Dubai, along with its Dutch operations department. The renovation involves...
  • Shipping rejects emission targets in advance of Paris summit
    Tarbit Shipping's product tanker Bit Viking was the first vessel to be converted from Heavy Fuel Oil to Liquefied Natural GasThe shipping industry and the environmental lobby agree that more efficient ships rather than more ships is the way to address difficult market conditions and poisonous ship emissions. But they...
  • Exclusive: New cracks in Nicaragua Canal plan
    Dr Paul Oquist. Credit: Greg Miller/IHSNicaragua's government has long claimed that an economic feasibility study by blue-chip US consultancy McKinsey & Co is crucial to enticing Western investors to its USD40-50 billion canal project. However, IHS Fairplay has confirmed that McKinsey has not worked on the Nicaragua Canal project since 2014,...
  • SK Group refutes talk of buying KDB's DSME stake
    South Korean chaebol SK Group, which has interests in shipping, oil refining, construction and telecommunications, has refuted talk that it will buy Korea Development Bank's 31.5% stake in Daewoo Shipbuilding & Marine Engineering. South Korean media reports claim the Park Geun-Hye administration discussed the sale of the stake with SK chairman Choi Tae-won, in...
  • Farstad employs second construction vessel newbuilding
    A Farstad construction vessel, pictured. Credit: FarstadFarstad Shipping, the listed Norwegian offshore services vessel owner, says it has fixed second of the two construction vessels due to enter service this year. The company has been awarded a three year contract with further up to three years options for Far Sentinel by...
  • Ocean Yield sees opportunities in weak markets
    Ocean Yield, the listed Norwegian company that invests in ships to bareboat charter them on long contracts to third parties, has reported a slight rise in interims and says it sees opportunities in current weak markets. Group net profit rose to USD25.8 million in 3Q15 from USD22.7 million a year earlier....
  • Latest Singapore bulker arrest 'without warning' says law firm
    Bulker Archimedes was arrested on 25 October. Credit: Dietmar HasenpuschA Cyprus-flagged bulk carrier has been arrested in Singapore under "highly unusual circumstances", according to UK-headquartered law firm, Hill Dickinson. The 1995-bulit, 44,323 deadweight, kamsarmax Archimedes was arrested on 25 October upon instruction from a local law firm. Hill Dickinson, which acts on...
  • Astomos Energy's shipowner partners book two VLGCs at KHI
    Astomos Energy, Japan's biggest liquefied petroleum gas (LPG) importer announced on 2 November that it has ordered three very large gas carriers (VLGCs) at compatriot shipbuilders Kawasaki Heavy Industries ((KHI) and Mitsubishi Heavy Industries (MHI). From KHI, Astomos has ordered two 82,200 m³ capacity VLGCs and an 83,000 m³ capacity carrier...
  • Port operator ICTSI reports falling revenue
    ICTSI's container terminal in Croatia. Credit: ICTSIInternational Container Terminal Services Inc (ICTSI) of the Philippines said revenue from port operations fell 11% to USD239.9m in the quarter ending 30 September. On a year-to-date basis, revenues increased 2% to US$792.0m, which the company attributed to volume growth at most of its...
  • Koch Shipping to move chartering business to Singapore
    The shipping arm of US energy group Koch has moved its chartering operations from Delaware to Singapore. Although the parent company is headquartered in Wichita, Kansas, Koch Shipping Inc has been a Delaware corporation due to the tax exemptions offered by the state. Koch Supply and Trading, of which Koch Shipping Inc...
  • ICTSI Q3 revenue down 11%
    International Container Terminal Services (ICTSI) of the Philippines said revenue from its port operations fell 11% to USD239.9 million in the quarter ending 30 September. On a year-to-date basis, revenues increased 2% to USD792 million, which the company attributed to volume growth at most of its terminals. ICTSI handled 5.77 million...
  • Adani Ports and Special Economic Zone revenue up 6%
    Hazira is one of the ports operated by Adani. Credit: APSEZIndia's largest private port operator Adani Ports and Special Economic Zone (APSEZ) grew revenue by 6% in the quarter ended 30 September, as cargo throughput at its ports continued to increase. APSEZ booked consolidated total income to reach USD303.34 million and...
  • Singapore opens research facility to test green technologies
    Maritime Port Authority of Singapore (MPA) on 2 November opened a maritime energy test facility to focus on research and development in innovative eco-friendly maritime technologies. Maritime Energy Test Bed (METB), Southeast Asia's first-of-its-kind test facility, is part of the city-state's effort to become a green port. The facility will be supported...

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The Loadstarweb site
NOVEMBER 3, 2015
  • Geodis set to expand its US footprint after receiving green light for takeover of OHL
  • Heathrow unveils £180m plan to double air cargo volumes over the next 15 years
  • UPS to build £120m 'world-class' parcel hub at London Gateway logistics park

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Marine Logweb site
NOVEMBER 3, 2015
  • Tidewater reports a red ink quarter
  • Future USNS Brunswick completes Acceptance Trials
  • TOTE files to limit liability in El Faro law suits
  • Royal Caribbean orders fifth Quantum class ship
  • Crowley tanker first to get ABS LNG-Ready approval
  • Falsifying oil record book costs Chandris $1 million

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World Wide Shipperweb site
NOVEMBER 3, 2015
  • Coast Guard responds to fire at Boat World Marina near Seattle
  • Hillsboro Airport Roundtable Exchange schedules public meeting for Wednesday
  • Customs team rescue four from drifting SeaDoo vessel
  • Crowley Maritime to christen new LNG-ready product tanker
  • Mitsui container vessel saves group of castaways

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Lloyd's Listweb site
NOVEMBER 3, 2015
  • Clarksons expects lower 2015 profit amid bearish dry bulk sector
    Depressed dry bulk sector dents profits for Clarksons
  • Wilson sells small bulk carrier to Greek company
    Sale will leave carrier with 82 owned vessels
  • Diana capesize coup shows sharp price drop in bulkers
    Last Lauritzen cape goes for $28.5m after failure of $37m deal in August
  • Navios Partners cuts distribution in half
    Annual payout reduced to $0.85 per unit as owner bows to 'demand uncertainty' and other factors
  • Farstad sees no hiding place in offshore market as it signs CSV charter
    Far Sentinel will begin three-year Gulf of Mexico charter in December
  • APM Terminals diversifies into non-containerised cargo
    Update: Chief executive Kim Fejfer says container operations will remain the core business as APMT signs joint venture with Qingdao that marks its entry into China's fast-growing grains trade
  • ICTSI's Georgian unit settles lessor dispute
    BICT and Batumi Sea Port terminate arbitration proceedings after settling differences in an 'amicable manner'
  • Vale's VLOC fleet to balloon to 64 vessels
    Vale chief executive Ferreira upbeat on China's steel consumption
  • Currency volatility knocks ICTSI underlying profit
    Global terminal operator reduces capex budget for 2015
  • Pappas denied leave to appeal OW Bunker test case
    But way still open to seek permission from supreme court
  • CMA CGM boosts East Africa-Europe service
    Company also enhancing East Africa to Mediterranean service route
  • Moody's global shipping outlook remains stable
    Low bunker fuels prices could help support earnings for shipping companies
  • Mercator logs bigger losses
    Company's revenue fell 40% due to deterioration in dry bulk markets
  • Maersk Line and CMA CGM cut service charges in China
    Eleven liner companies have complied with Beijing's call to reduce their fees
  • Southeast Asia piracy crackdowns bearing fruit says IMB
    Only two hijackings reported in the third quarter of 2015
  • Gener8 takes delivery of second and third VLCCs
    Tanker owner borrowed 60% of purchase price to finance acquisition cost
  • Seaspan delivers strong third quarter
    Containership owner improves operating margins, grows fleet size to 84 vessels
  • Tote files lawsuit on liability limitation as death claims mount
    Tote's liability may be less than $1m if lawsuit successful
  • Crowley Maritime acquires SeaFreight
    Deal expands Crowley's liner and logistics footprints in Caribbean Basin

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The Journal of Commerceweb site
NOVEMBER 3, 2015
  • West Coast ports' volume, market share recedes
    West Coast ports in September suffered a drop in container volume as well as import market share, but it is too early to determine if this is the beginning of a trend or just a one-month anomaly for ports that appeared to be recovering from the loss of business earlier...
  • Geodis completes acquisition of Ozburn-Hessey Logistics
    Geodis has completed the $800 million acquisition of Ozburn-Hessey Logistics that gave Europe's fourth-largest logistics and transport firm a strong U.S. presence. Geodis' acquisition was one of several in 2015 that reached across oceans and showed that major logistics firms felt consolidation was the best way to grow and remain competitive. With...
  • FTZs Reduce Total Landed Costs for Global Supply Chains
    58% of companies agree that their inability to take advantage of preferential duty programs is costing them a material amount today and unless corrected, will only increase. Foreign-Trade Zone (FTZ) programs offer an opportunity for substantial import/export duty and fee savings, in addition to increased supply chain efficiencies and trade...
  • DP World: Vallarpadam Terminal gains from productivity, connectivity
    DP World said its Vallarpadam International Container Transshipment Terminal at India's Cochin Port is on a steady "growth path" on the back of operational efficiency and connectivity upgrades. The company said the Vallarpadam terminal offers average crane productivity of 30 moves per hour, and this allows ocean carriers to turn around...
  • DP World to build logistics free zone in Senegal
    DP World has signed a deal to develop a logistics free zone at Senegal's port of Dakar. The free zone investment will benefit DP World's container terminal in the port of Dakar and shippers using the nearby Blaise Diagne International Airport. In the presence of United Arab Emirates Foreign Minister Sheikh...
  • Hapag-Lloyd raises initial $300 million from IPO
    LONDON - Hapag-Lloyd today said it has raised around $300 million from its initial public offering which it will spend on new ships and containers. The German carrier is selling just over 13.23 million shares at 20 euros ($22) each, down from an original 23-29 euros price range due to stock...
  • APM Terminals invests in China multi-purpose terminal
    APM Terminals CEO Kim Fejfer and Qingdao Port Group Chairman Zheng shake hands after the deal.LONDON - APM Terminals has invested in a multi-purpose cargo terminal in China, accelerating its expansion beyond its core container handling business. The Maersk Group's port arm has signed a joint venture agreement with Qingdao Port...
  • ICTSI quarterly revenue down despite volume growth
    International Container Terminal Services of the Philippines said revenue from port operations fell 11 percent year-over-year to $239.9 million in the quarter ending Sept. 30, despite volume growth of 1.9 percent to 1.9 million 20-foot-equivalent units. On a year-to-date basis, revenues increased 2 percent to $792 million, which the company attributed...
  • ArcBest growth slows in third quarter, but ABF rates rise
    The trends squeezing trucking operators across the U.S., from falling fuel surcharges to declining shipping demand and lower industrial output, depressed revenue and profit at ArcBest Corp. in the third quarter, slowing growth at its less-than-truckload subsidiary ABF Freight. Total revenue at ArcBest dropped 2.6 percent from a year ago to...

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TradeWindsweb site
NOVEMBER 3, 2015
  • DHT reports rise in Q3 revenue and profit
    Tanker operator swings to profit as larger fleet size boosts overall results.
  • Seaspan expects tough boxship market in 2016
    Outlook on containership rates unclear as boxship supply overwhelms demand.
  • Danaos surges past Wall Street expectations
    New York-listed containership owner sees profit jump 87.7% as JV preps boxship buy.
  • Polish riding crew widows file Faro claim
    Filing against TOTE is fifth over the sinking of the US-flag ro-ro during Hurricane Joaquin.
  • Oriental books VLCC pair at Hyundai Heavy
    Owner adds brace to extend Korean yard's dominant position in the VLCC newbuilding market.
  • Clarksons shares down after profit warning
    World's largest shipbroker says pre-tax profit will reach £50m amid challenging markets.
  • NMM cuts distribution
    Shares in Greek owner plunge after decision to revise dividend sharing in depressed market.
  • Ardmore share price slumps on offering
    Greenbriar's effort to sell half of stake prices at 10.4% discount to Monday close.
  • Solvang doubles its money
    Norwegian LPG carrier owner posts best-ever quarterly result in VLGC market boom.
  • NCL ready for break-out
    US cruise line confident of future prospects after pushing up Q3 revenue and earnings.
  • RCCL makes it five
    US cruise giant returns to Meyer Werft in Germany for another Quantum-class ship.
  • NSB shoots down talk of fleet deal
    German company says products tanker sextet have not been sold to UK outfit.
  • ICTSI posts small gain
    Profit edges up on better nine-month volumes for Philippines ports group.
  • POSH makes less
    Singaporean offshore vessel owner posts smaller profit for the third quarter but pushes up its revenue.
  • No growing pains for Teekay and Tsakos
    Drewry analysts show huge earnings generated by second-hand additions and newbuilds.
  • SK denies DSME move
    Korean group is not in talks to acquire loss-making compatriot shipbuilder.
  • Island lays up for winter
    Norwegian owner's survey vessel Island Spirit to be idled in weakening market.
  • Berg: Offshore discipline needed
    Viking Supply CEO does not see market recovery anytime soon; calls for caution when rates improve.
  • Wilson in profitable sale to Greek owner
    Oslo-listed mini-bulker specialist books a gain on the disposal of elderly vessel.
  • Fosen shipyard saved
    Bankrupt Norwegian shipbuilder secures $65m ferry refurbishment deal from Hurtigruten.
  • Farstad scores long-term deal
    Norwegian owner charters out newly delivered subsea vessel to Subtec for three years.
  • Trada tanker heads for scrap in Pakistan
    Indonesian owned vessel may have finally found a final resting place with near $4m disposal.
  • Krasnoye clinches tanker double
    Russian shipyard to build chemical carriers for Vladimir Lisin's Volgotrans.
  • Dredger sinks in Iceland
    No injuries reported as veteran vessel goes down in Reykjavik harbour.
  • Boskalis wins wind work
    Owner's joint venture with VolkerWessels to lay cable for Galloper development in $220m deal.
  • Ocean Yield down in Q3
    But dividend at Kjell Inge Rokke-backed company sees eighth consecutive increase since IPO in July 2013.
  • Statoil chops Songa rig
    Norwegian state-owned oil major pulls the plug on Songa Trym fixture that was not due to end until March 2016.
  • Seaspan posts upbeat Q3 performance
    Gerry Wang led containership leasing outfit sees profit rises as fleet passes 100-ship threshold.
  • Crystal lifts Lloyd Werft tally
    Malaysian-controlled luxury owner doubles river cruiseship order at German shipbuilder.

news on subscription
American Shipperweb site
NOVEMBER 3, 2015
  • Long-term transportation bill moves toward floor vote in House
  • Radiant acquires Copper Logistics
  • CMA CGM adjusts Noura Express loop
  • Liverpool's new container terminal receives first cranes
  • Seaspan Q3 net earnings fall despite increased revenues
  • Envirotainer opens service station in Shanghai
  • Inchcape opens Odessa office
  • LLamasoft acquires supply chain software company
  • COSCO considering increased use of Northeast Passage
  • Geodis finalizes OHL acquisition
  • IAG Cargo posts flat Q3 results
  • DP World acquires remaining 49% stake in Southampton terminal
  • Executive Moves: Maryland Port Administration, North Carolina State Ports Authority, Port of N.Y./N.J., and Ryder System, Inc.
  • Report: Logistics M&A volume down, value up in 2015

news on subscription
The Bunker Bulletinweb site
NOVEMBER 3, 2015
  • Crowley tankers receive ABS 'LNG-ready' approval
    Crowley is 'the first' firm to receive this designation from ABS.
  • Red Sea player makes first STS bunker delviery
    Red Sea Bunkering begins deliveries on schedule.
  • Clean Energy bunkers LNG for TOTE ships
    Bunkerworld Latest News / 13h
  • Iran's bunker ambitions: Land set aside for storage
    Provincial official says bunker sector could create 1,000 new jobs.
  • OW test case: Supreme court appeal denied
    But shipowner can make direct request.
  • GPS to 'pioneer' MFM technology in Fujairah
    'We are expecting a favourable response from ship owners and buyers.'
  • Bunker bill will be paid, says North American ferry operator
    Vessel under arrest in Portland, Maine.
  • Singapore ship arrest
    Vessel controlled by Greek interests.
  • Singapore: Research house focussed on energy efficient
    DNV GL builds marine research portfolio.
  • Alfa Laval EGR system: 'Onboard footprint even smaller'
    Firm has introduced a 'streamlined version' of its EGR water treatment system.
  • Americas: Integration of Glencore/Chemoil takes next step
    Changes will become effective January 1, 2016.
  • Alfa Laval EGR system gets smaller
    Firm has introduced a 'streamlined version' of its EGR water treatment system.
  • Americas: Glencore/Chemoil integration to take next step
    Changes will become effective January 1, 2016.
  • IE Singapore: Local bunker players exploring LNG alternative
    Move backed by government support.
  • 'First' LNG-powered ship sails through Panama Canal
    The Isola Bella transitted the canal last Friday.




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