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06 April 2020 The on-line newspaper devoted to the world of transports 15:11 GMT+2

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Sched Netweb site
NOVEMBER 24, 2015
  • CMA CGM holds exclusive acquisition talks with Neptune Orient Lines
  • CMA CGM Q3 net profit dives 76 per cent as revenue fall 9pc with weak rates
  • TSA set minimum rates in the eastbound Pacific trades to counter falling rates
  • Chinese joint-venture pays US$940m to 65pc stake in Turkish container terminal Kumport
  • CaroTrans starts another direct, weekly LCL service from Taiwan to NY
  • Saint-Petersburg invests heavily in terminal upgrades
  • Gulftainer's Iraqi port reaches milestone throughput of 1m TEU
  • Tanzania aims to develop US$10 billion mega-port with funding from China, Oman
  • Budapest & Ningbo airports sign cooperation agreement
  • HK's Kerry Logistics is Asian 3PL of the Year at the Supply Chain Asia Awards
  • Israel's CAL Cargo inaugurates service from Canada to China
  • IAG Cargo gears up to handle 30pc daily increase in volumes during peak season
  • Frankfurt and Heathrow airports see October cargo volumes slide

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Exim Indiaweb site
NOVEMBER 23, 2015
  • Asia-North Europe freight rate falls again
  • CaroTrans launches Taiwan to New York LCL service
  • CMA CGM in exclusive discussions with Neptune Orient Lines
  • Shashi Kiran Shetty presented -Lifetime Contribution to Freight- award at Global Freight Awards 2015 in London
  • Adani Kattupalli Port berths largest vessel
  • DP World extends Southampton licence agreement, becomes sole owner
  • CMA CGM Logistics Park (Dadri) receives coveted AEO Certificate
  • Domestic industry wants indiscriminate imports of radial tyres to be halted
  • Govt may increase import duty on aluminium products by 5 pc
  • Implementation of Smart City project in six cities to start soon: Gujarat CM
  • India should not need to import coal by 2017: Goyal
  • Kelkar Committee submits report showing ways to revive PPP model
  • India-s first international arbitration centre may come up in Mumbai

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International Transport Journalweb site
NOVEMBER 24, 2015
  • Maersk sends out a signal
  • 47-48/2015 Turbulent times
  • Better roads for Barbados
  • Copa's fleet now numbers 100 units
  • First phase of high security fencing completed
  • Taiwan-New York and back
  • F&A chooses fledgling company as rep in Norway
  • Inspecting progress at Delta 3
  • Rescue in a box
  • Is public financing discriminatory?
  • Stadler Rail sets up shop in Australia
  • Bertschi Iberica mourning death of branch manager
  • DWC registers 16% growth in freight traffic
  • Welcome to Wuppertal
  • Trans-Sib route to be faster and cheaper
  • Wedding in sight for NOL and CMA CGM
  • Swire Bulk opens Melbourne desk
  • Three Indian cargo carriers fined for price-fixing

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IHS Maritimeweb site
NOVEMBER 23, 2015
  • Company moves to mid-scale FLNG schemes, backed by huge war chest
    An SBM Offshore FPSO. Credit: SBM OffshoreSBM Offshore is best known as a player in the floating production storage and offloading (FPSO) sector, which has been ingrained in maritime minds because of the strong showing by the company-s core business segment. Less known is that SBM Offshore has widened its product range...
  • Cut-price maritime networking
    I have always argued that shipping is a relationship business. This is why networking at conferences and exhibitions is the real reason why executives travel as much as they do. Instead of conferences having coffee breaks squeezed between long and rarely-stimulating speeches, speeches should be placed at intervals to provide...
  • India unveils new guidelines for dredging at state-owned ports
    Dredging activity at Cochin port. Credit: Cochin portThe Indian government has told all its 12 state-owned ports to finalise capital and maintenance dredging contracts on the basis of open competitive bids, according to the new guidelines on undertaking dredging works at these ports framed by the shipping ministry. The new guidelines...
  • How nuclear tech could fuel the next generation of ships
    Ship development across all sectors is governed by cost and efficiency, whereas naval designs are also driven by military considerations. The next generation of commercial ships could include nuclear technologies, such as fusion and thorium, which might become associated with onboard generation of almost limitless energy. Fuel candidates include scaled-down liquid-core molten...
  • Commentary: How nuclear tech could fuel the next generation of ships
    A storage pool for spent nuclear fuel tanks. Credit: PAShip development across all sectors is governed by cost and efficiency, whereas naval designs are driven also by military considerations. The next generation of commercial ships could include nuclear technologies, such as fusion and thorium, which might become associated with onboard generation...
  • Piraeus port bidding extended
    Piraeus port. Credit: PAThe government of Greece has again extended the bidding process for the sale of the port in Piraeus - the country-s largest - this time at the request of the potential purchasers. In the second delay in less than a month, Greece-s privatisation agency has pushed the deadline back by two weeks to...
  • Hyundai Samho wins Suezmax quartet order
    Korea-s Hyundai Samho shipyard has secured its latest contract with an order to build up to four 158,000 dwt crude oil tankers. Singapore based Active Shipping & Management Pte Ltd, formerly Aktif Denizcilik Bilgisayar, has contracted two firm Suezmaxes with two options attached.Both firm vessels are scheduled to be delivered in...
  • Visakhapatnam Port to dredge beach front
    A Dredging Corporation of India trailing suction hopper dredger. Credit: IHC MerwedeIndia-s state-owned Visakhapatnam Port Trust on the country-s eastern coast has hired the Dredging Corporation of India, also state-owned, to carry out beach nourishment in and around the nearby submarine museum after a series of cyclonic storms since 2013...
  • SNCM seafarers strike over company takeover plan
    Marseilles port. Credit: PASeafarers at French Mediterranean ferry operator SNCM went on strike for the third successive day on 23 November. The strike was called in reaction to the decision by the Marseilles court of commerce to accept a bid for the company from Corsican entrepreneur Patrick Rocca on 20 November. The seafarers,...
  • EASTMED Selects Marlink High Speed VSAT and XChange
    Eastern Mediterranean Maritime Limited (EASTMED) to move to Marlink-s global VSAT solution combined with XChange communication management platform to provide crew and clients with more efficient IT solutions and operational efficiency Oslo, 23 November 2015 - Marlink today announced that Greece-based Eastern Mediterranean Maritime Limited (EASTMED), a shipping operator servicing the...
  • HHI executes cost-cutting measures
    Credit: PAThe world's biggest shipbuilder Hyundai Heavy Industries will implement intensive cost-cutting to restore profitability, it said. Under the cost-cutting measures, presidents of HHI subsidiaries, including Hyundai Mipo Dockyard, Hyundai Samho Heavy Industries and Hyundai Oilbank, will return their year-to-date salaries. HHI executives would be asked to return up to half...
  • Offshore marine market facing -annus horribilis-
    Credit: PAThe offshore marine sector is facing a systemic shock due to both supply and demand factors, according to an analyst. A series of red flags indicated the gravity of the downturn and suggested the rig market was at its worst since the 1980s, said David Palmer, chief executive officer of...
  • Pan Ocean eyes multimillion dollar revenue from first year of new grain trading business
    Pan Ocean Capesize Ocean Vanguard. Credit: Aart van BezooijenSouth Korea-s Pan Ocean expects USD240 million in sales in the first year of operations of its new grain trading business, as the company looks to rebuild its status under new ownership. "We expect to trade around 1.2 million tonnes of grain in...

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The Loadstarweb site
NOVEMBER 23, 2015
  • CMA CGM in takeover talks with APL owner, NOL, and posts $51m profit in Q3
  • Frustration for Egyptian exporters as air freight on passenger aircraft is restricted
  • Vietnam ponders plan to shift box traffic from busy Ho Chi Minh to struggling Cai Mep
  • Once booming 3D print companies now contemplating lay-offs
  • World trade has an important role in combating climate change
  • Giant container island plan for Port Phillip Bay to boost port sale value
  • Volga-Dnepr mourns six crew members killed in Mali hotel attack

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Marine Logweb site
NOVEMBER 23, 2015
  • Donjon Shipbuilding makes major lighting upgrade
  • New U.K. defense plan adds ships, costs more
  • Senators seek robust funding for new Lakes icebreaker
  • Glosten, Vigor use Cadmatic for Alaska Class Ferry design
  • Drank rum, lost situational awareness, ship grounded
  • Wartsila solutions picked for French polar logistics vessel
  • CMA CGM closes in on NOL acquisition

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World Wide Shipperweb site
NOVEMBER 23, 2015
  • CMA CGM Group confirms talks with NOL taking place
  • TSA member lines call for series of rate adjustments
  • Customs catches border crosser with stashed meat products
  • Port of Portland executive taking post with Oregon governor
  • Coast Guard cutter nets praise for successful drug patrol

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Lloyd's Listweb site
NOVEMBER 23, 2015
  • Russia sanctions could be extended
    Western leaders discuss extension at G20 summit in Antalya
  • Navios takes 'difficult' decision to axe dividend
    Dry bulk and logistics company launches $25m share buyback programme
  • OSG to gain public listing of Class A common shares
    Long-coveted IPO and listing on the main board of the New York Stock Exchange remains elusive
  • CMA CGM poised to narrow gap with Maersk and MSC
    APL brand name likely to be kept if French line seals takeover of Singapore carrier
  • Idle fleet continues to surge
    Owners slow to take tonnage out of service as supply-side imbalance remains
  • Handies index inches towards all-time low
    Freight rates continue to sink amid overcapacity and soft demand
  • UK Defence Club promises full support for OW Bunker claims
    FD&D specialist freezes premiums for second year on the trot
  • Sekimizu announces World Maritime Day theme
    IMO secretary-general sets -Shipping: Indispensable to the World- as 2016 topic
  • Pioneer Marine reports $5.4m quarterly loss
    Recent cancellations and delays of newbuildings in China help strengthen company finances
  • Swire Bulk invests in Australian market
    Parent China Navigation Company carrying out newbuilding programme to renew and expand fleet size
  • ITF move to curb bullying and harassment on docks
    Online resources designed for union trainers
  • MOL unit to construct two ro-pax ferries
    Two ferries to serve route linking Osaka port to Shibushi port
  • Port of Long Beach mulls dock storage cuts
    Increase in containers stored on docks has made it harder to deliver them quickly, port boss says
  • Panama Canal congestion measures 'are working'
    Expanded locks still scheduled to open in April 2016, ACP says
  • Ridgebury Tankers puts tankers up for sale
    Company plans to sell fleet of 15 tankers amid attractive prices
  • US supply chain comes together under one roof in San Diego
    Following the success of two Canadian shipping and logistics shows, the $1trn US logistics market looks forward to the Cargo Logistics America Expo + Conference in San Diego next month
  • Shippers and shipping
    Relationships between the two sides of the cargo transport equation are often fraught but each needs the other
  • Enter the spy in the sky
    Brussels is preparing to use drones to monitor shipping, but there are safety, privacy and civil liberty issues to be worked through
  • Less tare - more payload
    As the industry prepares for compulsory box weighing, there is a new way of keeping boxes slim

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The Journal of Commerceweb site
NOVEMBER 23, 2015
  • Boston to begin dredging in 2017
  • LA-LB turn times inside terminals best since fall 2014
  • Turkey's government to tender port in early 2016
  • New York-New Jersey port issues winter plan
  • Litigation continues over West Coast detention, demurrage claims
  • Russia plans Far East dry port to boost capacity
  • New India port corporatization law faces big hurdles
  • Greece delays Piraeus privatization deadline - again
  • DFDS propelled to record profit by low fuel prices, short sea shipping rebound
  • APM Terminals opens expanded Aqaba Logistics Village
  • Bananas, chemicals, paper driving strong growth at New Orleans
  • Capacity cuts drive Asia-Aussie rate recovery but jobs under threat
  • Bigger ships being laid up as carriers finally get selective, Drewry says
  • No action while HK regulator reviews liner block exemption request

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TradeWindsweb site
NOVEMBER 23, 2015
  • Pension funds urge approval of Signal buy
    Alabama retirement systems say purchase will bring meaningful payout to creditors.
  • Singapore-s ST Marine settles with Cockett
    Largest creditor in arrest of ferry in US court will recover nearly all of $1m claim.
  • Cruiseship to the rescue for Cubans
    A Royal Caribbean cruiseship aids in the offshore rescue as refugee exodus continues.
  • Cruise ship to the rescue for Cubans
    A US-based cruise ship aids in the offshore rescue as refugee exodus continues.
  • Singapore-s ST Marine settle with Cockett
    Largest creditor in arrest of ferry in US court will recover nearly all of $1m claim.
  • Frangou: buyback will not prevent growth
    Navios Holdings chief explains how it will handle expansion while investing in its own stock.
  • BC Ferries hikes profit
    Canadian ferry operator carries more passengers in Q2 as it continues $2.5bn investment plan.
  • BDI off the bottom but dry still on the canvas
    Capesizes pull Baltic Dry Index back above 500 points but asset values are at lowest since 1988.
  • 11 killed in sinking
    Another person missing after tugs collide under bridge in Indonesia.
  • Chu Kong eyes ferry deal
    Hong Kong group to supply ships for Alter City-s new casino in Mariana islands.
  • BDI blues see Navios Holdings end dividend
    Angeliki Frangou says the company will stop payout after 39 consecutive quarters and invest in its own stock.
  • GSL scraps again
    NYSE quoted shipowner disposes of veteran vessel to leave it with just two 1990s built ships.
  • What to do with $650m back on Wall Street?
    Analyst questions how OSG will set cash to work after return to stock exchange.
  • Haimark cancels sailings
    US cruiseship operator halts voyages into December following Chapter 11 bankruptcy filing.
  • UK ferries on the rise
    Domestic Ferries says British companies put summer Channel disruption firmly behind them.
  • Eimskip keeps options open
    Icelandic line plans fleet renewal and other investments as Q3 profit rises.
  • Sinokor toasts aframax tanker asset play
    South Korean owner said to have booked a profit after moving on aframax it bought last year.
  • Suez revenue up
    Egyptian waterway earns more from fewer transits in October as bulker numbers drop.
  • Songa fights back
    Counterclaim considered against DSME in row over newbuilding contracts.
  • Siem fixes PSV trio
    Norwegian owner secures employment for three ships, one of which was reported sold in May.
  • CSAV back in black
    Chilean owner swings to profit following liner merger with Hapag-Lloyd.
  • Frontline 2012 to fire ahead of merger
    Danske Bank predicts strong profit from tanker owner tomorrow as it boosts crude forecasts.
  • HHI squeezes bosses
    Presidents of subsidiaries to work for nothing as other execs take 50% pay cut after losses.
  • 'Bulldozer' to reform Indian ship law
    Wholescale scrapping of old rules to bring legal framework up-to-date
  • BWO slips to loss
    Forex and depreciation hit Singapore FPSO owner, but cash flow to stay healthy from term charters.
  • Korea sues Sewol owner
    Government wants $161m compensation from Cheonghaejin Marine after ferry sinking.
  • Impairments dog Rickmers results
    German group hurt by write-downs in asset values, but revenues increase on back of cost cutting.
  • Pioneer losses mount
    Mixed quarter for Pankaj Khanna-led shipowner as revenues slide, but costs are reduced.

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American Shipperweb site
NOVEMBER 23, 2015
  • Shares of NOL see big bump on sale talks
  • Congress pushes to strengthen Great Lakes shipping
  • CaroTrans to commence Taiwan to New York LCL service

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The Bunker Bulletinweb site
NOVEMBER 23, 2015
  • The Post-2014 Era
    Fuel Quality Review for Asia, Middle East and Africa.
  • Shipping coalition calls for urgent GHG action
    Says IMO should be encourage to establish 'progressive frameworks' as current regulations are insufficient.
  • Russian data: October fuel oil exports down
    Falling 8.7% on year to 3.894 million mt.
  • Searights mourns the passing of Cecil Cheong
    Managing Director is fondly remembered for his business acumen, his leadership and most of all his humanity.
  • Shipping GHG emissions are 'the elephant in the room'
    Demonstrators lobby IMO meeting.
  • Gibraltar: LNG bunkering comments downplayed
    Storage capacity for power plant not bunkering.
  • Djibouti 'one of the safest bunkering areas in East Africa'
    Harbor Master 'pleased with the smooth operations of RSB'.
  • Fuel oil transfer stopped off Malaysian waters
    Authorities intercept vessels suspected of illegal activities.
  • Engineering firm claims world's most efficient fishing trawler
    'This will be a very large and extremely modern fishing vessel', says Wartsila.
  • US federal agency in 'first' inland LNG bunker initiative
    Provides funding for towboat conversion to use LNG as fuel.
  • Ardmore takes delivery of 'eco' newbuildings
    As part of efficiency drive.
  • Port of Rotterdam: LNG bunkering safety studies published
    As part of LNG masterplan for Rhine-Main-Danube.
  • Cockett's claim against Nova Star settled
    At $1.06 million it was the biggest of multiple claims against the vessel.
  • Chemical tanker firm receives 'eco' newbuildings
    Vessels from Japan and South Korea, says company.
  • Port of Rotterdam: New LNG bunkering safety studies available
    Studies published as part of LNG Masterplan for Rhine-Main-Danube.

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