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06 April 2020 The on-line newspaper devoted to the world of transports 15:02 GMT+2

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Sched Netweb site
NOVEMBER 20, 2015
  • Box Ships announces delisting from NYSE
  • NYK orders 5,500 technologically advanced refrigerated containers
  • Incheon port expects volumes to be flat in 2015 due to weak Europe demand
  • Busan port is forecast to handle 19.6 million TEU in 2015 driven by transhipment cargo
  • Russia's NCSP cargo volume up 3.9pc but container throughput down 28 pc
  • Georgia Port Authority's October box volumes rise 3pc to 321,094 TEU
  • New JV accord on Jasper Ocean Terminal development
  • HK's Kerry Logistics wins first ever Maritime Logistics Award
  • Coates Hire in Australia orders 90 loader cranes from Hiab
  • Aviation security to be tightened following recent terrorist incidents
  • India's CCI imposes US$40m fine on three airlines for fixing fuel surcharge rates
  • Indonesia's domestic carriers could lose out on start international routes
  • European airlines' Ocobter volumes rise while forwarders face Asian capacity shortage

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Exim Indiaweb site
NOVEMBER 19, 2015
  • Regional agreement on maritime piracy to broaden scope to other illicit maritime activity
  • Coffee exports to pick up on falling rupee: Board
  • Cotton fabrics export likely to be up by 10-15 pc
  • Ford Ecosport is most exported car from India
  • India to import 10,000 t of soyameal
  • Cabinet approves exchange of scattered plots of DGLL land with land of JSW Jaigarh Port at Jaigarh Lighthouse
  • Cochin Port connects directly to Far East
  • Cochin Shipyard going in for IPO & disinvestment
  • "Ease of Doing Business" - India improves in World Bank ranking
  • Fieo welcomes scheme for 5 years
  • Govt allows power plants to import coal with higher ash content
  • INR recovers smartly against dollar
  • Interest Equalisation Scheme to give fillip to exports

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International Transport Journalweb site
NOVEMBER 20, 2015
  • Switzerland: outsourcing internal transport
  • FCS and China Airlines renew contract
  • New general manager for LISCR London
  • UK to St Petersburg direct
  • New warehouse in the making
  • Gateway terminal for Istanbul
  • Upwards trend continues
  • CMA CGM takes up stance in slot ring
  • Intercontinental cooperation for Astre
  • New chairman for paperless trade enabler
  • TPP under review
  • Lights still green for India's transport corridors
  • Ground-breaking in San Juan
  • Biesterfeld to drive CH Robinson NA surface transportation
  • New Nigeria-Europe service takes to the skies
  • Fiege CH: top berth goes to Malitzke
  • Champ and Clive bond on IT front

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IHS Maritimeweb site
NOVEMBER 19, 2015
  • Seagull Maritime addresses PSC enclosed spaces campaign
    Seagull Maritime has launched a new onboard training course covering Enclosed Space Entry in ships, at a time when the issue is being brought into sharp focus by industry regulators. A committee meeting of the Ports Memorandum on Port State Control (Paris MOU) in May unveiled plans for a Concentrated Inspection...
  • Cruise engine room fire risk persists
    Le Boreal. Credit: HasenpuschThe 264-passenger Le Boreal, operated by French line Ponant, was evacuated on 18 November following an engine room fire while the cruise ship was off the Falkland Islands. There were no reported injuries and the status of the luxury vessel is currently unknown. It is the latest...
  • Commentary: Equality and transparency for all in dredging?
    EU headquarters, Brussels. Credit: PADredging vessels spend 99% of their working lives in and on water, and yet they are not eligible to receive tied or state aid, unlike other industries or non-EU competitors. That, with some murmurs of flexibility where possible, was the unchanged message to European dredging companies...
  • Dredging: equality and transparency for all?
    Dredging vessels spend 99% of their working lives in and on water, and yet they are not eligible to receive tied or state aid, unlike other industries or non-EU competitors. That, with some murmurs of flexibility where possible, was the unchanged message to European dredging companies from the European Commission...
  • DFDS raises profit forecast on progress in 3Q15
    Credit: PADFDS, the Copenhagen-based listed ferry and logistics services group, has raised its earnings forecast for the full year 2015 after reporting strong third-quarter interims on broad-based progress of its business. Group net profit rose to DKK571 million (USD82 million) in the third quarter of this year from DKK350 million in...
  • HMD books more LPG tankers
    Korea's Hyundai Mipo Dockyard (HMD) has secured a contract from a returning shipowners for a quartet of LPG tankers. Piraeus-based Eletson Corp has ordered the four 38,000 cbm LPG tankers, bringing its orderbook at the shipyard to 10 vessels. The latest four vessels are scheduled to be delivered from the fourth quarter...
  • Citigroup advises 'sell' on Malaysia's Westports stock
    Westport, near Port Klang, Malaysia. Credit: PA Citigroup revised downwards its net income estimate for Malaysia's Westports Holdings in fiscal years 2015-17 (FY 2015/17) by 5-6% and reiterated its 'sell' rating on it stock, despite the terminal operator handling a record 2.29 million teu in the third quarter of 2015 (3Q15). In...
  • Reputation most at stake for victims of cyber crime
    ECDIS is among several shipboard systems vulnerable to cyber attack. Credit: Kelvin Hughes.Shipowners must take precautions to protect against cyber crime to avoid financial and reputational losses, although a "widespread" threat to the industry is unlikely, according to the Baltic and International Maritime Council. Speaking at BIMCO's annual conference in Hamburg...
  • BW LPG third quarter results beat forecast
    BW LPG, the world's largest VLGC owner that is part of the BW Maritime group, has beaten analysts forecasts in 3Q15 and the company says it should be well positioned to face an expected increase in volatility of freight rates. The company did not comment on rumours that it might present...
  • Korea Development Bank issues towards Busan New Port Phase 2-4 development
    Headquarters of the Korea Development Bank. Credit: PASouth Korean state-owned policy lender Korea Development Bank has approved KRW915 billion (USD790 billion) in project financing towards Busan New Port phase 2-4 development. Of the funds, KRW855 billion came from the bank's funds while the rest came from private investors in a public-private...
  • Sembmarine at greater risk of contract cancellations
    A Sembcorp Marine rig. Credit: Sembcorp MarineSingapore rig builder Sembcorp Marine (Sembmarine) is at a greater risk of contract cancellations than its bigger compatriot rival Keppel Corporation, an analyst has said. In a report issued on 19 November, UOB Kay Hian Securities analysts Nancy Wei and Foo Zhiwei said, "Between the...
  • Dry bulk market facing years of weakness, predicts IHS report
    The poor industry outlook has forced Star Bulk Carriers to delay the delivery of four newbuildings.With most of the developing world in an economic slowdown, a just released IHS report is forecasting prolonged weakness in commodity prices over the next decade, with coal, iron ore and crude oil prices likely...
  • Solid oil imports driving growth in tanker sector
    The growth in oil imports will rise by a surprising 4 percent this year with the robust demand, especially from Asian countries, turning the tanker market around, Clarksons Research president Martin Stopford told delegates at a conference in Hong Kong.Stopford said the most positive factor affecting tanker shipping was the...
  • IHS white paper: Dry bulk market to see its worst yet
    With most of the developing world in an economic slowdown, an IHS white paper called IHS Global Maritime Trends 2016 is forecasting prolonged weakness in commodity prices over the next decade. Prices for coal, iron ore, and crude oil are all likely to remain depressed for the next few years. The...
  • Limited enthusiasm for LNG-powered ships in low oil price market
    TOTE's LNG-fueled Isla Bella.LNG-powered vessels remain firmly on the back burner as the chronic fall in the oil price erases interest in the bunkering alternative to fossil fuels, shipping experts told delegates at a Hong Kong conference this week. "The big operators I have spoken to about powering their vessels with...
  • Dry bulk crisis: index vs stock performance
    The contrast was glaring: On 18 November, a day that the Dow Jones Industrial Average surged 246 points, the share price of Scorpio Bulkers plunged 24% in eight times average volume, Star Bulk's stock price sank 21% and Safe Bulkers' price fell 15%. To obtain a broader perspective on the dry...
  • Canadian companies in the market for Klaveness ships
    Selfunloader Baldock, pictured here under previous ownership. Credit: FotofliteAlgoma Central Corp and Canada Steamship Lines have agreed to purchase five ocean going ships from Klaveness Selfunloaders AS. Algoma is buying the Panamax self-unloaders Balchen and Baldock. CSL Americas, a division of the CSL Group Inc. is taking the Trillium Class Panamax...
  • Indian cabinet clears Cochin Shipyard IPO
    Cochin shipyard, India. Credit: PAIndia's state-owned ship-builder Cochin Shipyard Ltd, struggling to win orders from clients hit by a slowdown, has been given clearance by the Indian cabinet to launch an initial public offering (IPO) of shares to part-fund growth plans. The share sale, likely to happen sometime next year, will...

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The Loadstarweb site
NOVEMBER 19, 2015
  • xChange 'greybox' platform could save carriers millions in repositioning costs
  • Weak links in healthcare and life science supply chains revealed in new UPS research
  • No heightened threat of terror attacks on shipping in the Med - focus on migrant crisis, say experts
  • ACG eyes bumper business this year and new aircraft for passenger charter market
  • ISS to defend itself against US lawsuit
  • Russia to resume mass production of Il-96 aircraft
  • UTi's new LCL Pharma offering sets sail
  • NYK procures 5,500 advanced refrigerated containers

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Marine Logweb site
NOVEMBER 19, 2015
  • USCG updates fuel switching safety alert
  • Criminal charges filed in West Delta 32 platform fire case
  • Chesapeake Shipbuilding to build three more tugs for Vane
  • SAFE Boats to build riverine interceptors for Colombia
  • Polish shipyard to build fishing trawler
  • MAN Diesel & Turbo acquires marine fuel gas supplier

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World Wide Shipperweb site
NOVEMBER 19, 2015
  • All American Marine relocating to new Port of Bellingham facility
  • US rail freight traffic has negative weekly total
  • LAX Customs agents nab hundreds of pork tamales
  • CKYHE Alliance member carriers plan seasonal cuts to AWS service
  • Maritime Commerce Club plans annual children's shopping spree

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Lloyd's Listweb site
NOVEMBER 19, 2015
  • LPG pricing spurs demand for VLGCs
    Spot rates rise on higher vessel chartering
  • MAN Diesel & Turbo acquires Swedish marine fuel and bunkering business
    Purchase to shape MAN Diesel's profile in the dual-fuel and gas propulsion segment
  • Greek newbuilding broker George Banos dies
    Widely liked and admired shipping personality said to have brokered 400 newbuildings
  • Eletson firms up fourth LR2 at SWS
    Exercised optional vessel will deliver in 2018
  • Will the carnage in dry bulk stocks continue?
    Structural imbalance in the industry signals hard times ahead for companies with large newbuilding orders
  • UASC says formation of mega carrier will not affect its China Shipping vessel sharing
    Jorn Hinge says the line is also still open to further co-operation with Hamburg Süd as likelihood of alliance shake-up gathers pace
  • Yard Talk | Japanese yards resilient though not immune to downturn
    World's third largest shipbuilding nation takes market share from China
  • South Carolina volume growth slows
    Throughput figures slide as cargoes return to west coast
  • Rhine logjam continues to disrupt fuel markets
    Historically low water levels are causing fuel shortages in Switzerland and southern Germany and congestion elsewhere
  • Abu Dhabi port operator reports 36% rise in container volumes for first 10 months
    Ro-ro operations transfer to upgraded Khalifa port aided growth in that area
  • India shipping ministry to cut obsolete rules in Merchant Shipping Act
    Committees formed by government single out redundant shipping rules and regulations
  • China's gas price cut to boost LNG demand
    Price cut removes overhang for Chinese natural gas market faced with declining demand
  • Indian government approves Cochin Shipyard IPO
    Company shares to help finance expansion projects
  • Alcoa blames aluminium market for vessel decommissioning
    International Transport Workers Federation says producer is exploiting local laws to whittle down wages
  • Four members of CKYHE alliance suspend Asia-US southeast coast service
    Cancellation to start from December 3
  • Triyards to build four escort tugs for Greenbay Marine
    Order adds to range of ships Triyards can build for clients
  • Marco Polo Marine axes $214.3m rig contract with Sembcorp Marine
    Cracks found on all three legs of the new rig during tests
  • HIG Capital invests in Ship Supply International
    Investment provides resources to capitalise on company's growth potential

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The Journal of Commerceweb site
NOVEMBER 19, 2015
  • Schiphol on track to match record 2014 volumes despite China slump
  • CP's Harrison to takeover target NS: Let's talk
  • CMA CGM gains slots to Prince Rupert, capping busy year for port
  • Northwest Seaport Alliance sees modest growth
  • Shippers cheer end of Brazilian independent trucker blockages
  • Russia's Fesco, Transcontainer in merger talks
  • US rail regulator offers timelines on merger, switching reviews
  • CN teams with Mobile, APMT for 'third-coast' gateway
  • Container shipping on the cusp of a major shakeup
  • Citigroup downgrades Westports outlook despite record volume

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TradeWindsweb site
NOVEMBER 19, 2015
  • Aegean flips to black on profitable mix of fuels
    Peter Georgiopoulos-led bunkers supplier sees ebitda per tonne jump 20.7%.
  • Final dash of newbuilding debt for SALT
    Scorpio Bulkers set to reveal financing now in place with French bank for final vessel in vast orderbook.
  • China raids liner companies in Shanghai
    National Development and Reform Commission reported to be focusing on fees.
  • BW LPG shares fly as owner opens up
    VLGC market leader sees stock respond to strong earnings and greater clarity on COAs.
  • Cochin's IPO hits hitch?
    Indian shipyard's unions oppose state sell-off and call for investment from cash reserves.
  • Diana draws on loans
    The previously announced facilities will partially finance ongoing ship deliveries.
  • PSV rates treble
    Burst of fixing boosts daily earnings for beleaguered North Sea owners to £10,000 per day.
  • Star Bulk tied to sale of modern bulker
    But source close to New York-listed bulker owner denies any new sales have taken place.
  • Star tied to bulker sale
    But source close to New York-listed bulker owner denies any new sales have taken place.
  • Cruiseship hit by fire
    All passengers evacuated from Ponant vessel due to engine room blaze.
  • Chinese merger nearing?
    Sources tip government to approve $20bn Cosco and CSG tie-up by January.
  • Shareholders approve BLT restructuring
    All initiatives, including spin-off of Chembulk Tankers, win with overwhelming majority.
  • Laskaridis swoops for panamaxes
    Greek owner said to have secured bargain by snapping up unfinished Jinglu ships.
  • Rum on the rocks
    DFDS' Lysblink Seaways grounded off Scotland after officer drank half a litre of spirits following upsetting phone call.
  • Euroseas scraps boxship in Bangladesh
    Aristides Pittas-led owner cashes in ageing container vessel that it has owned for almost a decade.
  • Bergen loss grows
    Oslo-listed company sees recent subsidiary bankruptcies take a toll on its third quarter results.
  • Chandris swaps bulker for tankers at Cosco
    Cosco Dalian confirms European owner has axed a panamax bulker and booked a pair of tankers.
  • BW LPG shatters quarterly forecasts
    Oslo-listed VLGC owner impresses the market with major earnings beat and stronger COA outlook.
  • Zodiac linked to capesize
    Sources tie Eyal Ofer company to purchase of 2009-built Japanese bulker.
  • BW LPG shatters third quarter forecasts
    Oslo-listed VLGC owner impresses the market with major earnings beat and stronger COA outlook.
  • Polarcus adds another contract
    Middle East owner heading to Egypt for seismic survey work.
  • DFDS logs record result
    Danish ro-ro group raises annual profit forecast after volumes grow in Q3.
  • Asian box volumes continue slide
    Regional container throughput remains on a steady path of deterioration, says Nomura Equity Research.
  • Asian piracy sees monthly decline
    Region sees reduce number of attacks in October, but concerns grow over increasing incidents in Straits of Mallacca.
  • Stronger charter rates boost Navig8
    Oaktree-backed chemical tanker owner upbeat on prospects as delivery schedule remains on track.
  • Stronger charter rates boost CHEMS
    Navig8 Chemical Tankers upbeat on prospects as delivery schedule remains on track.
  • Seaports alliance sees throughput growth
    Exports main driver behind increased volumes at tie-up between Seattle and Tacoma ports.
  • Miclyn taps bond market
    Singapore-listed offshore vessel operator raises funds to payback bond due to mature in 2016.

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American Shipperweb site
NOVEMBER 19, 2015
  • Liner shipping squeezed by low freight rates, higher regulatory costs
  • IAG Cargo prepares for surge in holiday cargo traffic
  • UPS opens driver training facility in Atlanta
  • Senators seek to shorten transport bill to 5 years
  • Effort to allow 33-foot tandem trailers defeated in Senate
  • COSCO joins Ocean3 Alliance's pendulum service
  • Commerce starts antidumping investigation of steel pipe imports
  • ITC finds U.S. paper industry harmed by Canadian import
  • FMC reviews 16 OTI license applications
  • True Value enters dedicated transport services agreement with Ryder
  • OPDR, MacAndrews start North Europe-Iberian Peninsula loop
  • Purolator International opens new headquarters

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The Bunker Bulletinweb site
NOVEMBER 19, 2015
  • Fuel oil stocks at four-month low
    Players point to a fall in fuel oil arbitrage flows from the West.
  • Marine engine manufacture acquires LNG bunker specialists
    'Natural gas is rapidly gaining importance as a fuel for marine applications.'
  • Romaina may be fined for failure to adopt sulphur rules
    Commission is asking Court of Justice of to impose daily fine until the country falls into line.
  • Demand for oil-based bunker fuels set for long-term decline
    Fuel efficiency standards will drive down consumption.
  • Cleartrade: A win-win trading proposition
    'Brokers are our largest competitor but also our biggest clients,' says Cleartrade's Richard Heath.
  • Trafigura's Puma expands storage in Mozambique to create strategic hub
    Opens oil product terminal in the port of Matola, its second in the country.
  • (KILLS STORY) Barclays predicts oil demand growth will outstrip current consensus
  • Transport Canada: Vessel owner of bunker spill to pay
    Owners of vessel have already paid a $300,000 bond, says spokeswoman.
  • Shipowner cancels newbuilding contracts
    Builder fails to meet fuel efficiency targets.
  • Taiwanese shipping firm in bunker-saving move
    Firm adopts vessel monitoring software.
  • WFS launches recruitment drive
    Firm seeking 70 new employees to join team in Central America.
  • Drewry: Vessel operating costs to increase
    Small rises in cost of lube oils and other commodities expected, says Managing Director.
  • US DATA: EIA says crude runs top 16 million b/d, highest since Septembe
    Greater refinery activity and fewer imports limited the size of crude inventory build.

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