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16 September 2019 The on-line newspaper devoted to the world of transports 08:14 GMT+2

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Sched Netweb site
DECEMBER 16, 2015
  • CMA CGM greets Christmas with a blizzard of Asia-Europe rate hikes
  • MOL ups Asia-west coast South America rate US$750/TEU on January 15
  • Panama Canal Authority starts process to find builder of new box terminal
  • Oman's Port of Salalah announces two CMA CGM weekly calls from CMA CGM
  • Estonia's Port of Tallinn volumes fall, boxes off 37pc, bulk by 20pc
  • CMA CGM deploys reefer ships to capture Ecuadorian-Med banana market
  • Schenker to acquire 75pc of Redhead Holdings and form JV in UK
  • CenterPoint Prop marks International Transload Logistics' Joliet opening
  • US lawmakers pass buck on currency, trade enforcement to White House
  • CMA CGM makes changes of shipping routes between Europe and West Africa
  • Global warming alarmist Carbon War Room hurt shipping not cited in Paris
  • Emirates unhappy with Chinese refusal to widen landing, marketing rights
  • Air freight demand from China slows down, but continues to be strong
  • New Pakistani policy: Open skies likely to generate huge airport revenues
  • Business blasts government's delay over Heathrow-Gatwick runway decision

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Exim Indiaweb site
DECEMBER 15, 2015
  • Global shipping industry welcomes Paris Climate Change agreement
  • Nitrogen Blanketing - Tanks
  • Shippers working with lines to smoothen implementation of mandatory container weight verification rule
  • WAX service to resume direct calls in Cameroon
  • Ministry of Shipping taking initiatives to strengthen infrastructure of Major Ports & improve their efficiency
  • Commerce Secretary to inaugurate INSTC Conference on Dec. 22 in Mumbai
  • Centre cuts MEP on onion to $400/t
  • India not in favour of 'zero-duty' model in FTAs
  • INR recovers against dollar after Asian currencies firm up
  • Japan to provide INR 5,536-cr. loan for metro rail projects in Chennai & Ahmedabad

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IHS Maritimeweb site
DECEMBER 15, 2015
  • Morgan Stanley slashes dry bulk outlook
    Morgan Stanley analyst Fotis Giannakoulis. Credit: IHS/Greg MillerAdding to the drumbeat of bleak predictions, Morgan Stanley has sharply lowered its outlook for the dry bulk sector and downgraded multiple public owners. "We expect the market to remain under pressure at least through 2017 as most of the large orderbook is delivered...
  • DSIC Offshore wins five ethane tanker orders
    China's Dalian Shipbuilding Offshore shipyard has secured a newbuilding contract for the construction of five very large ethane carriers. The 85,000cbm vessels with IMO type c type 3 -ear shaped tanks are to be built for Jaccar Holdings-Hartmann subsidiary JHW Engineering & Contracting. The DNV-GL classed vessels which are scheduled to be...
  • Marshall Islands first to adopt new standard for PMSCs
    The Republic of the Marshall Islands has informed those companies with vessels under its flag that "effective 1 January 2016, companies shall engage only those PMSCs that are certified to the new ISO 28007-1:2015 standard by a United Kingdom Accreditation Service (UKAS) authorised certification body". The Marshall Islands, the world's third...
  • New manual reporting software with integrated analysis tool
    INTERSCHALT develops solution for fleet-wide, uniform, manual data collection on board. Manual reporting software Bluetracker[express] also uses Bluetracker web applications. Presentation of complete Bluetracker software at the International Conference on Ship Efficiency in Hamburg. INTERSCHALT maritime systems AG, the provider of maritime software for cargo and fleet management, presented its enh
  • Rickmers posts 4Q loss amid weak charter market
    Rickmers Maritime's Kaethe C Rickmers, on charter to NYK. Credit: HasenpuschRickmers Maritime said it will post a net loss in the fourth quarter and for the full year due to the depressed container ship charter markets that forced a write-down in the value of its vessels. The losses stem from a USD129 million impairment...
  • IACS adopts cyber safety as 'third pillar'
    Cyber safety of integrated operating systems is the new focus for IACS. Credit: Korean Maritime University.The threat to ship safety from cyber attack has led the International Association of Classification Societies (IACS) to expand its maritime remit beyond hull and machinery to cyber safety. Describing cyber safety as the 'third pillar'...
  • NOL takeover unlikely to affect Singapore's trade volume, predicts analyst
    Singapore. Olaf SchmidtFrance's CMA CGM takeover of Neptune Orient Line (NOL) will not cannibalise trade volume throughput in Singapore's port, according to Will Carnwath, partner of investor relationship firm Brunswick Group. He told IHS Fairplay that CMA CGM has excess cargo to be handled in both the port of Singapore and...
  • Norway trials new age of e-navigation with NAVTOR
    The Norwegian Coastal Administration (NCA) has initiated the first full-scale trial of e-navigation in Norwegian waters in conjunction with NAVTOR, a global leader in e-navigation technology and services. The test sees the ferry MS Stavangerfjord digitally sharing its routing information with NCA via NAVTOR's NavStation, the world's first 'digital chart...
  • STX O&S creditors agree to USD375 million injection
    The Korea Development Bank is the yard's lead creditor. Credit: PACreditor banks of South Korean shipbuilder STX Offshore & Shipbuilding have agreed to further cash injection of KRW453 billion (USD375 million). STX O&S, which at one point, was the country's fourth biggest shipbuilder, began voluntary debt restructuring in May 2013 after...
  • Dredger catches fire in Haifa port.
    Credit: Haifa portNo injuries were reported from a fire that broke out on onboard a China-flagged hopper dredger while it was berthed at Israel Shipyards, in Haifa port. Avi Shachaf, CEO of Israel Shipyards, told IHS Fairplay that the vessel Hang Bo 3001 was carrying out dredging work in Haifa harbour. While repairs...
  • Hanjin Aqua casualty damages re-assessed
    Hanjin Aqua. Credit: Malte SchwarzDamages arising from a container ship that ran aground in the Sunda Strait on 4 December 2015, are estimated at USD53.24 million. HI Gold Kmarin No.8, the fund that owns the 4,532 teu Hanjin Aqua, said in a Korea Exchange filing on 15 December that KB Insure's initial...
  • Total tonnage of bulkers scrapped in 2015 could be second highest in history
    Credit: AffeldtThe total deadweight tonnage of dry bulk carriers demolished in 2015 is expected to be the second highest in history, after 2012. With just two weeks to go before 2015 ends, at least 328 bulkers totalling more than 25.6 million dwt have been broken up. In 2012, 33.4 million dwt of bulkers...
  • Ampelmann awarded the first Walk to Work contract in Brazil
    Ampelmann E-type mobilised on the AHT Smit Nicobar. Credit: AmpelmannDelft, 15th of December 2015 - Ampelmann, the global leader in motion compensated access solutions, has been awarded its first contract in Brazil. Under the contract, Ampelmann will provide its E-Type system to Boskalis in support of an extended FPSO maintenance...
  • Singapore bunker sales surge amid price slump
    Singapore bunkering. Credit: MPABunker sales in Singapore surged 10% in November month-on-month to 3.98 million metric tonnes, the third highest month of the year. According to data from the Maritime and Port Authority of Singapore (MPA), the highest monthly bunker volume was sold in Singapore during August. In that month, bunker...
  • China-Europe container shipments by rail to expand in 2016
    Source: DB Schenker Source: DB Schenker Volumes of containerised cargo travelling between China and Europe by rail are growing as operators increase frequencies and state organisations along the route lend their weight to the development of new services. Two-way services from Asia's largest railway hub in the city of Chengdu in southwest...

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The Loadstarweb site
DECEMBER 15, 2015
  • Analysis: NOL/APL buy a big deal for CMA CGM, but a missed opportunity for Maersk?
  • AstraZeneca eyes major shift from air freight to ocean: a 'more-controlled' environment for drugs
  • Haulage sector welcomes driver apprentice scheme, but government must commit to funding
  • Parcel firms fined €672m for price-fixing in France
  • Lufthansa Cargo cheers up - and eyes all-777 freighter fleet
  • Deutsche Bahn to cut freight routes in turnaround plan
  • Cargo Network Services appoints IATA old hand as new president

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Marine Logweb site
DECEMBER 15, 2015
  • Ingalls Shipbuilding launches DDG 114
  • Brodosplit cuts steel for LNG fueled containerships
  • DeJong & Lebet designing new Mississippi riverboat
  • ClassNK issues SoC to two Gujarat ship recyclers
  • The Best Ships of 2015
  • Ultra Deep orders new design DSCV plus option

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World Wide Shipperweb site
DECEMBER 15, 2015
  • Port of Bellingham Oks changes for Bellwether on the Bay sites
  • Giant CMA CGM container ship headed to Port of Los Angeles
  • Braemar taps Kevin Constable as Ports and Harbors manager
  • Seven firms pay civil penalties to Federal Maritime Administration
  • Container group names Freese Connie Award winner for 2015

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Lloyd's Listweb site
DECEMBER 15, 2015
  • Data Hub: Big ships hurt South American load factors
    MDS Transmodal examines the decline in southbound trade
  • West African suezmaxes succeed in resisting charterers dastardly machinations
    Rate rises for West African suezmaxes and for their Black Sea compatriots, while aframaxes experience a mixed week
  • The Baltic Dry Index hits its second record low in a month
    Indicator pushed down by oversupply of vessels combined with falling demand for raw materials such as iron ore and coal from powerhouse China
  • DHT extends three VLCC time charters at firm rates
    New charters to support additional dividend increases and debt deleveraging
  • ICTSI Oregon confident customers will return
    But ongoing labour dispute in Portland makes the timing of their return "unpredictable", says terminal operator chief
  • APL acquisition bid sees CMA CGM's Saadé clan soar up the top 100
    Family behind the French container line now ranked 14
  • Oakland on-board for landmark voyage
    Largest boxship to call at US shores adds another California call to port rotation
  • Box Ships slumps to third-quarter loss
    Recent fixtures indicative of further rate softening, says Greek containership owner
  • BW LPG bites off another slice of Aurora
    BW now owns 15% of Aurora, with further purchases expected, as Avance's rival bid struggles
  • Torm restructuring ends
    Share cancellation marks final step of significant restructuring
  • Charles Taylor appoints Insurance Services chief executive
    Luisa Barile succeeds Stephen Card
  • Transpacific traffic growth grinds to a halt
    October volumes down 0.7% on last year, but Canadian ports continue to make gains on US rivals
  • Lockton to acquire PL Ferrari
    Broker enters negotiations to acquire Italian marine P&I specialist and take an investment stake in Singaporean broker
  • Cosco-CSCL alliance decision could face scrutiny from regulators
    CKYHE may ring alarm bells by breaching 30% level in market share in Asia-Europe trade if enlarged Cosco joins alliance
  • Vallianz Holdings unit to enter refinancing exercise
    Subsdiary will refinance bulk of its bank loans worth around $293.3m
  • Norwegian Cruise Line launches secondary public offering
    Company to repurchase 10.3m shares from two shareholders
  • Larger valemax fleet likely to benefit Vale
    New valemax breakeven costs could be lower than current freight rates, say L&S brokers
  • Poland seeks slice of China's One Belt, One Road pie
    Country developing port and logistics in effort to become regional hub
  • Economou stake in DryShips to rise after $10m loan conversion
    Move will assist in gaining shareholder approval for reverse stock split, say executives

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The Journal of Commerceweb site
DECEMBER 15, 2015
  • CP, NS dispute facts amid speculation of proxy fight ahead
    With expectations that Canadian Pacific Railway is about to launch a proxy fight for control of Norfolk Southern Railway, the Calgary-based railroad's recent response to an NS white paper is the latest attempt to convince investors to give the deal yet another look at its pitch. CP's chances of success in...
  • Logistics veteran Tommy Barnes joins project44 as president
    Project44, a company designing a transportation management system that will link logistics and transport operators in the "Cloud," chose trucking and logistics executive Tommy Barnes as president. Barnes will spearhead project44's efforts to forge strategic partnerships. Connecting carriers and third-party logistics companies in real-time, while eliminating the need for electronic data...
  • US freight shipments flat, spending declines, Cass says
    Shipment volumes in the U.S. were flat in November from October, but shipper spending on transportation declined, according to the November Cass Freight Index. Year-over-year, both shipment volumes and shipper expenditures were significantly lower than in November 2014, when the economy was still enjoying the afterglow of a strong third quarter. "This...
  • Prince Rupert considers further container terminal expansion
    DP World, the new owner of Prince Rupert's container terminal, and the port authority are already considering expanding the port's annual capacity by more than 700,000 twenty-foot equivalent units - even though the latest buildout has yet to be completed. The duo's decision to study further expansion comes as U.S. importers...
  • JOC Economist: US containerized exports to rebound in 2016
    JOC Senior Economist Mario O. Moreno expects U.S. containerized exports to end the year down 2.5 percent from 2014 but rebound by 4 percent next year, as global growth bolsters slumping U.S. export markets. October outbound shipments dropped 4.7 percent, according to PIERS, a sister product of within IHS. It...
  • Trans-Pacific carriers push modest westbound rate hike
    Westbound trans-Pacific carriers intend to implement modest rate increases of $100 per 40-foot container from West Coast ports to Asia, and $200 from the East Coast, in order to prevent rates from falling so low that it would make more financial sense to ship the containers back to Asia empty. The...
  • APMT Pipavav buys new cranes to expand capacity
    APM Terminals-operated Gujarat Pipavav Port, a minor, non-major facility on India's west coast, has acquired three new quay cranes in order to expand capacity and improve service. The new cranes will replace three older units deployed at the container terminal, and the upgrade is expected to reduce turn times and increase...
  • Funds available, but US ports need to invest smarter
    Port of SeattleISELIN, New Jersey - Even though container ports potentially have access to large sums of money needed to build the infrastructure to handle today's mega-ships, port authorities need to better understand the value of their assets and be more judicious in generating revenue for port expansion, according to...

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TradeWindsweb site
DECEMBER 15, 2015
  • Crude exports holding up US agreement?
    Democratic leader says proposal to lift ban is the last major hurdle to prevent shutdown.
  • Europe demand slump sinks Atlantic MRs
    Surplus of distillates in Europe and Rhine River water levels pull down rates.
  • Ultrapetrol to miss payments on debt
    Shipowner launches restructuring talks as it withholds interest and principal due.
  • PSVs soar to year high
    Clarksons Platou says supply ships rate recovery driven by bad weather and aggressive laying up.
  • DHT secures healthy pay rise for VLCC trio
    New York-listed owner takes advantage of strong market as three tankers secure extended deals worth $85m.
  • Stena AB profit dips
    Swedish tanker and ferry group posts lower Q3 earnings as finance costs rise.
  • Apollo and Genting sale to gross $594m
    Offering in Norwegian Cruise Line stock prices at $57.65, 3% below latest closing price.
  • Another eight for Pertamina
    Indonesian state group spending $200m on new 17,500-dwt tankers at domestic shipyards.
  • Hoegh Partners on the rise
    Long term contract coverage delivers for FSRU owner in Q3 as the company pushes up its earnings.
  • POSH guides for red ink
    Singaporean offshore vessel owner says an impairment loss will adversely affect its full year result.
  • Doeksen sells ro-pax
    Dutch owner offloads 1988-built Spathoek to undisclosed buyer.
  • Double for Damen
    Italy's Rimorchiatori Riuniti signs with Dutch shipbuilder for two ASD tugs.
  • Two more yards certified
    Japan's ClassNK issues statements of compliance to Indian breakers Shree Ram and Leela.
  • Keeping watertight
    UK P&I Club says owners need to be vigilant to stop costly cargo damage claims.
  • Chinpo guilty in sanctions trial
    Singapore ship agency convicted of transferring money for North Korea in Chong Chon Gang case.
  • Two dead in ferry accident
    Crewman falls overboard in Indonesia, while Australian dies in rescue attempt.
  • Tanker owners 'to get the love they deserve'
    Deutsche Bank selects tanker trio as top picks for 2016 and suggests investors will warm to the sector.
  • BW LPG hikes leading position at Aurora
    World's largest VLGC owner builds on its major shareholding in latest twist to takeover saga.
  • Ferry death
    Ferry crewman falls overboard in Indonesia, while Australian dies in rescue attempt.
  • Three in, one out at Klaveness
    Norwegian owner orders new combination carriers in China, but tears up deal for second kamsarmax newbuilding.
  • Tax boost for ODL
    Norwegian drillship owner overturns $46m rig charge in ruling by country's supreme court.
  • CMA CGM snaps up NOL shares
    French liner giant is acquiring rival's stock at a 6% discount to proposed takeover bid price.
  • RMT issues profit warning
    Depressed state of the market prompts containership leasing company to write-down vessel values.
  • Duo to sell Norwegian Cruise Line shares
    Genting and Apollo Global Management gear up for sale of $615m worth of stock.
  • Box Ships falls to loss
    Box Ships saw its third-quarter results sink into the red as it suffered from slumping charter rates.
  • Navigator suffers ship fire in the US
    Upper Houston Ship Channel closed as US Coast Guard contends with fire aboard gas carrier.
  • CAI plans share buyback
    Container lessor looks to boost returns to shareholders with potential $9m spending spree.

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American Shipperweb site
DECEMBER 15, 2015
  • Florida's path to becoming a major logistics gateway
  • Transpacific container carriers announce rate hike for U.S. exports
  • U.S.-flag Great Lakes freighters post weak November volumes
  • Federal supply chain advisory committee seeks new members
  • Port Manatee advances trade initiative with Honduras
  • Contargo introduces new Frankfurt-Rotterdam rail connection
  • PLS Logistics opens new office in San Antonio
  • GAO: U.S. LNG exports will require 100 ships
  • French Competition Authority fines TNT, K + N
  • Executive Moves: J.B. Hunt and Smartrac
  • Report: Port of L.A. let China Shipping skirt clean-air mandates
  • DB Schenker acquires U.K. trucking carrier
  • LPG tanker fire causes Houston Ship Channel closure
  • COSCO, CSCL stock sinks following merger announcement

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The Bunker Bulletinweb site
DECEMBER 15, 2015
  • Tolson launches consultancy for bunker sector
    'Focus is on providing strategic, practical and independent counsel.'
  • Sydney cruise ship emissions: Row far from settled
    Resident takes aim at Carnival in local paper.
  • Focus on building LNG bunker terminals could help loss-making yard
    STX Offshore & Shipbuilding is to specialise in LNG offshore bunkering terminals in a bid to stave off bankruptcy.
  • Lubricant trader appointed to Aegean's Hamburg office
    Antonis Gavalas has eight years of industry experience in the lubricants market.
  • Fitch improves outlook for shipping
    But smaller operators remain vulnerable.
  • LNG-ready ship launched in United States
    Product tanker took a year to build.
  • Japan's October bonded bunker fuel sales up month-on-month
    Japan did not import bonded bunker fuel oil in October.
  • Singapore branch of Norwegian Oil Trading changes name
    Singapore entity affected from January 1, 2016.
  • Japan's Oct bonded bunker fuel sales rise 12% from Sep to 2.35 mil barrels
    Japan did not import bonded bunker fuel oil in October.
  • Current theory for fuel production 'is wrong', says professor
    Researchers find new method to produce cleaner fuel.
  • Singapore branch of Norwegian Oil Trading to undergo name change
    Singapore entity affected from January 1, 2016.
  • New Orleans-Houston high sulfur bunker fuel spread widest since Dec 2014
    'New Orleans is suffering some barge congestion', says bunker trader.

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