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06 April 2020 The on-line newspaper devoted to the world of transports 12:57 GMT+2

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Sched Netweb site
NOVEMBER 18, 2015
  • Hong Kong port down 12.8pc in October to 1.6 million TEU, Singapore down 16pc
  • Shipping industry's hardship to go on for a while: analyst
  • World's largest China-built con-ro vessel set for debut
  • Westports, Malaysia, handles record 2.29 million TEU in Q3
  • Antwerp bucks trend of falling Far East trade from Jan-Sep
  • Maersk (MCI) starts production of reefer containers at new factory in Chile
  • Port of Virginia sees container throughput reach record high in October
  • New Florida intermodal rail service at port of Everglades boosts box throughput
  • Nigeria's ICTN implementation frustrated by shipping lines: official
  • DHL Global Forwarding Q3 volume slump 13pc, revenue down 10pc
  • Japan's ANA to convert more passenger planes into freighters
  • Volga-Dnepr Airlines' freighter makes first landing on Antarctic airfield
  • Leipzig/Halle continue to smash cargo volume record

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Exim Indiaweb site
NOVEMBER 17, 2015
  • Class 4.2: Pyrophoric & Self-Heating Substances
  • India has huge potential for Bahri, says Ibrahim A. Al-Omar, CEO
  • Swift Freight organises CSR programme
  • Jeera exports seen declining by about 40-45 pc in 2015-16
  • Oilmeal exports plunge by record 94 pc from a year ago
  • APM Terminals Pipavav launches second weekly double stack rail service
  • Executive branch should act to avoid future port labour disputes, recommends US committee
  • Maiden ship-to-ship transfer successfully done at VOC Port
  • Centre increases duty refund rates to boost exports
  • Exports from India to do well in 2016, says UN report
  • France to invest € 2 bn in smart cities
  • India needs to import 10 mt of pulses to rein in prices: Assocham
  • NRI moves down against dollar

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International Transport Journalweb site
NOVEMBER 18, 2015
  • Upgrade for Nicaragua's rural road network
  • Jamaica's Peter Brady named WMU VP
  • Australia sets milestone for better roads
  • Green light for inland port at Jalore
  • Snapping up top spot in Budapest
  • Launch of digital solution for seafreight LCL
  • Finances in safe hands
  • Railroad honoured for eco-friendliness
  • Carrefour branching out in Romania
  • United Cargo breaks ground on EWR cool facility
  • New members and partners for Waco System
  • Teesport Rail Terminal turns one
  • World's FTZs meet in Tangier
  • Less promising forecast for ship operating costs
  • UIA adds Aktau to network

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IHS Maritimeweb site
NOVEMBER 17, 2015
  • Avance may face rival bids for Aurora LPG, say analysts
    A BW LPG tanker. Credit: BW LPGAvance Gas Holding, which presented a USD200 million offer for Aurora LPG yesterday, may face rival bids from BW LPG or Dorian LPG, with the former viewed as a more likely candidate. Pareto Securities in Oslo agree with the view of the Aurora LPG board...
  • Bunker rates boost Finnlines and Viking's 3Q results
    Finland-based shipping companies Finnlines and Viking Line reported much-improved profits for 2015 to date, based largely on the low bunker rates despite flat or falling revenues. Grimaldi-owned Finnlines reported its best quarterly result ever at EUR24.7 million (USD26.6 million) up 36% y/y and forming a large part of 2015's EUR41.1...
  • MOL's ferry unit orders two vessels
    Mitsui OSK Lines' ferry subsidiary MOL Ferry said on 16 November that it has ordered two ro-ro ferries at compatriot shipbuilder Japan Marine United. Each of the 13,500 gt ferries will be 192 m long, 27 m wide and accommodate up to 709 people. The ferries, upon delivery in March to June...
  • Shipbuilder DSME discusses rehabilitation with staff, suppliers
    A DSME shipyard. Credit: DSMEEmbattled South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering told IHS Fairplay that it held a meeting between itself, its employees and its suppliers on 16 November to discuss how to recover from its liquidity crisis. DSME admitted to keeping KRW3 trillion (USD2.55 billion) in losses from...
  • SPP Shipbuilding put up for sale
    SPP's Tongyoung Yard, South Korea. Credit: SPP ShipbuildingStruggling South Korean mid-tier shipbuilder SPP Shipbuilding has been put up for sale by creditor banks after more than five years of failed restructuring. A public tender has been called for SPP's assets, namely a floating dock and a barge in the shipbuilder's yard...
  • Hong Kong port chief fails to address throughput decline
    Kwai Tsing container port. Credit: Hong Kong International TerminalsHong Kong's Acting chief executive, Carrie Lam Cheng Yuet-ngor, seemed oblivious to the plight of the city's port as she delivered a keynote address to the logistics and maritime industry at a government-organised conference in Hong Kong the day after the release...
  • Regulation should be an exact science, says ICS
    Construction requirements were created after the MOL Comfort sank despite a lack of data. Credit: UKP&I ClubThe International Chamber of Shipping wants to end the practice of developing new regulations in reaction to an accident, and replace this with a pre-emptive approach based on "scientific analysis" of accident data. Speaking to...
  • Gibdock wins 'breakthrough' five-ship contract
    Gibralter-based Gibdock has secured a exhaust gas scrubber (EGS) retrofit and special survey drydocking contract covering five vessels operated by ship management company Norbulk Shipping and owned by global shipping group Vroon. "This is our largest single assignment in 2015," commented Gibdock managing director Richard Beards, "and is also the first...

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The Loadstarweb site
NOVEMBER 17, 2015
  • Surge in refugees is adding billions of increased costs to Europe's supply chains
  • More pressure on Centurion Air Cargo as Brazilian judge orders 747F impounded
  • Sri Lankan Navy takes over operation of Avant Garde's floating armoury at Galle
  • Cut-throat competition in Chinese aviation attracts corruption suspicions
  • Slow start for China's 'One Belt' rail freight strategy with lack of return cargo
  • Port of Shanghai struggles in quest to be global shipping leader
  • CEVA wins specialist healthcare logistics contract with BMI Healthcare

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Marine Logweb site
NOVEMBER 17, 2015
  • Australian shipbuilding acquisition in the works
  • Swiftships gets $16.5 million Iraq FMS award
  • Statoil to exit Alaska
  • Bordelon takes delivery of next generation ULIV
  • ABB announces turbocharger essay contest winners
  • Cummins Darlington celebrates 50th year
  • Triyards adds escort tugs to product line

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World Wide Shipperweb site
NOVEMBER 17, 2015
  • New tenant set to occupy Port of Vancouver property
  • Foss Maritime vessels take home Chamber of Shipping of America honors
  • Over 100 Crowley Maritime vessels presented with safety recognition
  • Troy McClelland re-elected to Everett Port Commission
  • NYK annouces purchase of 5,500 new reefer containers

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Lloyd's Listweb site
NOVEMBER 17, 2015
  • The results round-up
    All the shipping results in one place
  • Third quarter profits jump at Sovcomflot
    An 80% improvement on same period in 2014, thanks to better tanker rates
  • Reach Subsea mulls winter lay-ups and lay-offs
    Two vessels soon to be redelivered could be stacked due to weak market
  • Minoan posts massive profit increase for first nine months
    Grimaldi affiliate says Greek capital controls are harming growth
  • TGS records $150m impairment and cuts a sixth of staff
    Seismic company preparing for lower activity through 2017 and beyond
  • Yang Ming to enter strategic alliance with China Airlines
    Pair to enhance cooperation in freight transport, passenger services and e-commerce
  • Data Hub: World Fleet Update
    Fewer ships hit the water, but lay-up figures swell as overcapacity takes its toll
  • Pacific radiance leaves Ghana
    Offshore operators winds up Africa joint venture as another opens in Asia
  • Mattheou takes Green Award chair
    Arcadia Shipmanagement MD aims to help develop scheme's 'latent potential'
  • Uni-Asia charter income lifted by fleet additions
    Two new bulk carriers and a containership helped boost charter income
  • Awilco LNG withers on a $7m loss
    Company runs out of cash early next year, analysts forecast
  • Rehabilitation payments weigh on Pan Ocean results
    Company forecasts fourth-quarter freight rates to be steady
  • A cheaper way to shift boxes
    An interchange for repositioning containers could save carriers millions of dollars
  • Eagle Bulk's new boss charts a change of direction amid third-quarter losses
    Vogel to transform Eagle Bulk from tonnage provider to active owner and operator
  • Shipbuilding and design segments lift AVIC International Maritime earnings
    Industry outlook remains challenging amid fewer new vessel orders due to overcapacity
  • NTSB completes documentation of El Faro wreckage
    Ship's voyage data recorder still missing
  • Georgia Ports Authority posts 3% rise in container volumes
    Capacity increase in Savannah and Brunswick ports needed to meet market demand
  • Hyundai Merchant Marine posts $33m loss amid capacity glut
    Korean carrier to adjust capacity, rationalise bulk fleet in fourth quarter
  • India and Bangladesh seal pact on coastal shipping standard operating procedure
    Agreement will pave the way for bilateral trade between both nations
  • Georgia and South Carolina port authorities ink pact to build Jasper Ocean Terminal
    Long-planned $4.5bn Savannah project aims to develop US' largest single deepwater container terminal
  • US bankruptcy court gives protection to Daiichi Chuo
    US-based assets are shielded against creditor claims in main bankruptcy proceedings
  • Islamic State 'lacks capacity to hit shipping'
    Dryad report states lack of IS capability in Libya despite proclaimed 'targeting of Crusader ships and tankers'

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The Journal of Commerceweb site
NOVEMBER 17, 2015
  • ILWU office clerical workers urged to reach deal with employers
    In an effort to build upon the momentum of an agreement that was reached earlier this month between three waterfront employers and the West Coast office clerical union, the attorney representing 14 other shipping lines and terminal operators in Los Angeles-Long Beach urged his counterpart to strike similar agreements with...
  • ODFL to hike base rates, eliminate fuel surcharge
    With diesel prices down more than 30 percent year-over-year, and little chance they'll rise much soon, Old Dominion Freight Line is offering non-contract shippers fuel-surcharge-free rates. The Thomasville, North Carolina, company also said it will hike its non-contract base rates 4.9 percent on average Nov. 30 to cover the higher cost...
  • Proposed NS-CP tie-up reawakens consolidation questions
    Tuesday's proposed merger of Canadian Pacific and Norfolk Southern railways raises the question of whether the Class I railroad industry will be swept up in the wave of consolidation hitting the third-party logistics, parcel, and perhaps, even, the container shipping industries. Just 13 months after similar talks between the Calgary-based CP...
  • US investigators end search for El Faro voyage data recorder
    U.S. federal investigators have called off the search for the voyage data recorder of the sunken El Faro, prolonging the mystery of what caused the Oct. 1 tragedy that cost the lives of its 33 crew members. The National Transportation Safety Board has finished mapping and documenting with video the site...
  • Diana Containership falls to loss despite time charter revenue gains
    Ship charterer Diana Containerships reported a loss of $9.1 million in the third quarter compared to net income of $1.4 million in the same period last year, as the cost of disposing a ship offset increased time charter revenue. Without the $8.3 million loss from the sale and disposal of the...
  • China crackdown on export surcharges focused on domestic carriers
    China government pressure on container lines to reduce export surcharges to support slumping exports is focused primarily on local charges with the impact so far being limited, according to a firm that provides online pricing tools and has visibility of carrier surcharges being assessed out of China. "Yes, we are seeing...
  • Mitsui-Soko looks to acquire Naha container terminal
    Mitsui-Soko Holdings Co., a major Japan transportation and logistics service provider, is poised to acquire Naha International Container Terminal Inc. in Naha, Okinawa Prefecture, as part of its global expansion strategy. NICTI confirmed to that Mitsui-Soko is in advanced talks to purchase a majority stake in the authorized private operator...
  • Asia-Europe containerized rail traffic falls on Russia weakness
    The importance of the Trans-Siberian Railway, or Transsib, as a container route from Asia to Europe is steadily growing, despite the decline in volume this year, according to Oleg Belozerov, president of Russia's railway monopoly, RZD. The longest railway line in the world, connecting Moscow with Russia's Far East and the...

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TradeWindsweb site
NOVEMBER 17, 2015
  • Exmar signs agreement for FSRU off India
    Nicolas Saverys-led company says this is first FSRU positioning for the country.
  • El Faro data still lost
    US agency investigating the sinking of the ro-ro fails to locate ship's black box.
  • Zim deluged by artists
    Israeli line gets 2,000-plus applications for scheme aimed at creating art on its ships.
  • OPDR adds Iberian route
    CMA CGM's recent addition launches new service to Spain and Portugal with partner MacAndrews.
  • Seacat adds quartet
    UK owner turns to Isle of Wight yard for four catamarans to meet growing demand.
  • Sovcomflot profit soars in Q3
    Russian state owner boosted by buoyant tanker markets and two new LNG carriers.
  • Man of less steel
    US investor Leon Cooperman reduces ownership position in US-listed Nordic American Offshore.
  • Ro-pax up for auction
    Seokyung Car Ferry vessel on the block for second time in Korea with lower reserve.
  • Russian watchdog opens Maersk case
    Danish line fails to respond to information requests in time, country's anti-monopoly service says.
  • Russia opens Maersk case
    Danish line fails to respond to information requests in time, country's anti-trust watchdog says.
  • DryShips in supramax exit
    Nasdaq-listed owner said to have sold its two remaining supramaxes in $12.1m deal.
  • Sea Swift drops TML bid
    Australian owner withdraws competition application to take over northern shipping rival.
  • Avic builds Q3 earnings
    Singapore-listed yard group benefits from higher-margin projects and more design work.
  • DSME claims $201m from Songa
    Korean yard seeks refund for Cat D rig but Norwegian owner says claims are groundless.
  • Dof sells oldie
    Mons Aase-led owner disposes of 1979-built multi-support vessel that was scrap candidate.
  • DHT sells suezmax
    New York-listed owner said to have offloaded one of its two suezmax tankers at tidy price.
  • Awilco in the red
    Oslo-listed LNG owner slips to third quarter loss but has decent cash position to ride out the downturn, analyst says.
  • Drugs found on boxship
    Colombian navy seizes heroin and cocaine in cylinders welded to hull of L&B vessel.
  • Reach considers lay-ups
    Norwegian offshore owner could stack two of four ships and lay-off workers during winter.
  • TGS axes 130 jobs
    Norwegian seismic survey player responds to weak markets with cost-cutting plan.
  • Koole changes hands
    Swedish private equity outfit flips Rotterdam shipping and tank storage firm to new investors.
  • Pacific Radiance quits Ghana joint venture
    Singapore offshore vessel operator agrees to terminate joint venture as it expands in Malaysia.
  • Eagle Bulk Shipping trims quarterly loss
    US bulker owner unveils new executive hires and in-house management move

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American Shipperweb site
NOVEMBER 17, 2015
  • Dayton Freight relocates Michigan service center
  • Port of Virginia sets box volume record in October
  • NYK invests in reefer containers

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The Bunker Bulletinweb site
NOVEMBER 17, 2015
  • Players promised faster bunkering at Indian port
    Kochi supplier resumes physical operations after upgrade.
  • Global climate deal could drive down oil demand: former Obama adviser
    A strong deal could result in global controls on marine and aviation fuels.
  • ING rumoured to have sold OW debt to equity firm
    Would not be first time new interests seek to take over outstanding OW bunker payments.
  • Failed bunker venture: 'Individuals should be held to account'
    Sri Lanka Ports and Shipping Minister: 'Question remains over huge Hambantota distillate purchase.'
  • Intense Rotterdam competition puts St Petersburg bunker margins under pressure
    Amid strengthening ruble against the dollar, sources say.
  • IFO 380 CST prices in Callao, Peru, hit two-month high on limited supplies
    Major fuel oil suppliers at that port stopped offering product for the second consecutive week.
  • Glander International Bunkering makes hire for India office
    Ankita Batra joins as Bunker and Lubricant Trader.
  • Platts Pre-Report Survey of Analysts' EIA Data
    Suggests a 1.1-Million-Barrel Build in U.S. Oil Stocks.
  • UK shipyard secures scrubber installation contract
    Two vessels will be upgraded in four-week operation.
  • Nigerian firm adds dual-fuel diesel electric newbuilds
    Company fleet expansion well underway.
  • Researcher: Shipping industry focusing on reducing fuel consumption
    'Special importance' placed on marine engines running alternative fuels, it says.
  • LNG bunker barge builder posts lower quarterly profit
    Company's net profit more than 50% lower on year.
  • European firms to develop LNG bunker standards
    Parties also seek to regulate supply of LNG bunker fuel for ships.

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