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30 March 2020 The on-line newspaper devoted to the world of transports 12:02 GMT+2

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Sched Netweb site
JUNE 26, 2015
  • NYK joins with 5 lines to provide 2-loop Far East-ECSA service
  • China fines 21 box carriers US$16,000 each for misdeclaring rates
  • Only Russian ships will carry Russian Arctic oil exports if bill passes
  • China extends scrapping subsidies through 2017 to cut tonnnage
  • Maersk provides north Asia to north Florida service via Jacksonville
  • US truckers ask FMC to end docker union chassis safety checks
  • US port productivity bill garners massive shipper support
  • Northern Sea Route traffic falls, but Moscow spends US$4 billion on upgrade
  • Cargotec's MacGregor wins major deck equipment order from South Korea
  • Maritime sector open to cyber attack, ESC Global Security warns
  • Polar Air Cargo to operate extra B747F for DHL to Shenzhen
  • Mangaluru to run domestic air cargo unit as private partnership
  • Home Depot faces US$70,000 FAA fine for hazmat offence

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Exim Indiaweb site
JUNE 25, 2015
  • Baltic Dry Index at year's high
  • BIFA concerned at ongoing delays to Union Customs Code legislation
  • Kalmar launches next-generation ASC system
  • New containership service to commence linking Asia & East Coast of South America by two loops
  • SCI's SMILE service makes maiden call at Kattupalli Port
  • UASC revises Asia-Europe network (AEC)
  • WISTA International Board meets in New York
  • Russia's new conditions to hit dairy products exports
  • Thai delegation visits Mumbai Port
  • CONCOR launches weekly container train service between ICD-Whitefield & Krishnapatnam Port
  • DHL Logistics mulling FTZ in North India
  • INR remains marginally higher against dollar

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International Transport Journalweb site
JUNE 26, 2015
  • A joint platform Intermodal / Strasse
  • BPL appoints new CEO
  • International transport generates growth
  • FAA fines Centurion for non-compliant aircraft
  • Land, terminals and loss
  • Winner of majority stake tender announced
  • Milestone in Liverpool
  • Enhancing safety of own wagon fleet
  • Tala moves to Miami
  • Atege - a new spoke in network
  • Update on Suez Canal convoy
  • Outsize reactor travels across Black Sea
  • New members for SGKV
  • China Southern launching new services to Japan
  • Saudia Cargo links Shanghai and New Delhi
  • LH Cargo silver for Thomas Smith
  • Finland to China in eleven days
  • Canadians keep going US
  • Coli Group and CNAN to cooperate in North Africa

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IHS Maritimeweb site
JUNE 25, 2015
  • Trade deal could renew call for Jones Act changes
    Authority approved by American lawmakers to fast-track trade deals could rekindle a push by shipowners for greater access to US markets. The US Senate voted on 24 June to establish trade promotion authority, known as TPA. The legislation gives the White House the power to send trade deals to
  • GSI inks Gotland's LNG ro-pax ferry option
    China's Guangzhou Shipyard International has secured the option on an LNG ro-pax originally ordered in the second half of 2014. Ordered by Sweden's oldest Passenger shipping Company Rederi AB Gotland the second 1,650 passenger vessel is scheduled for delivery in 2018. Both vessels will run on LNG,
  • Gener8 IPO prices low
    Tanker owner Gener8 Maritime has begun trading on the New York Stock Exchange under the ticker symbol 'GNRT' after pricing its initial public offering (IPO) at a sizeable discount. The Peter Georgiopoulos-led company priced its IPO of 15 million shares at USD14/share, 22% below the midpoint of its
  • Parametric insurance in Africa on the rise
    Dramatic climate changes have increased investment opportunities for insurance companies keen on providing parametric insurance products to the African market. Climate insurance, though a new concept in some of the emerging markets, could help mitigate impacts of weather changes not only on the
  • SHI to bounce back from offshore vessels order drought
    South Korean shipbuilder Samsung Heavy Industries (SHI), having suffered an order drought for drillships and other specialised offshore vessels, is expected to recover once such orders resume, said an analyst. NH Investment & Securities analyst John Yu noted in a research note that Norwegian oil
  • SLNG, Trafigura signs storage capacity deal
    Singapore LNG Corporation (SLNG) has reached a deal with trading house Trafigura on excess storage capacity within Jurong Island, Singapore. The agreement allows SLNG, a LNG terminal operator, to optimise its spare capacity utilisation at its LNG terminal, as well as facilitate LNG trading out of
  • China landslide causes 16 vessels to sink
    Huge waves triggered by a landslide on the northern bank of Daning River, a tributary of Yangtze River, on 24 June caused 16 vessels berthed along the bank to sink. The landslide, which occurred at 18:40 h local time, triggered waves as high as 5-6 m. Initial checks show no one was on board the
  • Sete Brasil in talks with COSCO Shipyard Group to build two drilling rigs
    Sete Brasil said it is in the early stage of talks with COSCO Shipyard Group to order two semi-submersible drilling rigs. The rigs will be deployed in Petrobras' development of offshore projects in Brazil, Sete Brasil project head Jose Francisco Dutra said at the China Offshore Finance Forum 2015
  • Ezra explores sale-and-leaseback deal
    Singapore-based brokerage house UOBKayHian has speculated that shipbuilder Ezra Holdings may consider a sale-and-leaseback deal of its vessel Lewek Constellation to ease the company's financial burden. "We understand from shipbrokers that Ezra is exploring a possible sale and leaseback of Lewek
  • Capesize rates hit 2015 high
    Capesize rates have reached its highest in 2015 as Brazilian iron ore cargo volume scored a year-to-date record. From 15-19 June, 12 Brazilian iron ore cargoes came to the market, six more than the previous week, and up from the trailing four-week average. The Baltic Capesize Index assessed
  • Vard acquires automation firm for new products
    Singapore-listed shipbuilder Vard Holdings has acquired automation company ICD Software in a move to strengthen its equipment and solutions portfolio. The acquisition was completed by Vard's subsidiary Seaonics, which supplies winches, cranes, and handling equipment to offshore and maritime
  • Moody's upgrades China Merchants Holdings International 's issuer and senior unsecured debt ratings
    Moody's Investors Service has upgraded China Merchants Holdings International (CMHI)'s issuer and senior unsecured debt ratings to Baa1 from Baa2, with the rating outlook stable. "The upgrade of CMHI's issuer and senior unsecured debt ratings is based on Moody's expectation that the company will

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The Loadstarweb site
JUNE 25, 2015
  • Ocean 3 peak season service suspension 'unprecedented' but may set a precedent
  • Could container terminal alliances be an answer to shipping's 'triple-whammy'?
  • CH Robinson leads the charge of 3PLs into Vietnam's surging logistics market

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Marine Logweb site
JUNE 25, 2015
  • NASSCO cuts steel for second LNG ready SEA-Vista tanker
  • Harvey Gulf acquires Gulf Coast Shipyard Group
  • Bio-UV introduces low rate BWTS
  • EGR development moves forward
  • Vancouver Shipyards cuts steel for first NSPS ship
  • UL certification for Cummins' range of alternators

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World Wide Shipperweb site
JUNE 25, 2015
  • PNWA teams with Port of Portland for Columbia Channel deepening report
  • US rail freight traffic drops during week
  • Olympia Seafood named top choice in Port of Olympia's chowder challenge
  • Port of Seattle taps McFadden as economic development boss
  • Federal Maritime Commission releasing port congestion report

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Lloyd's Listweb site
JUNE 25, 2015
  • Thenamaris surfs rising VLCC interest
    Price ideas for big tankers have softened but remain in the eye of the beholder
  • Monarch linked to boxship sale to SFI
    A rare big score for private equity out of trio ordered with Capital Maritime
  • Products trade strengthened as US refinery capacity hits 18m barrels per day
    Further US refinery expansions will materialise this year, adding fresh cargoes for product tankers hauling out of the US Gulf
  • Torm restructuring could be complete in three weeks
    Latest small step in UK High Court paves way for scheme of arrangement to be enforced
  • Ocean Three leads capacity cull as Asia-Europe trades slump
    CMA CGM's Nicolas Sartini says the three-month withdrawal programme may be extended if conditions do not improve by the fourth quarter
  • Australian grain handlers and shipping companies joust over delay fees
    Schedule delays arising from ships failing government surveys prove to be a headache for shipping community
  • Encourage your kids to go to sea
    It may once have been popular to 'run away' to sea, but now we need to get young people to run towards maritime careers
  • Petredec buys four gas handysizes at $186m
    Deal with high German component content backed by KfW-IPEX
  • Washbourn, Sandle and Golder top marine underwriters' poll
    Beazley and XL Catlin stars picked by peers
  • APMT to halt Houston operations
    But Maersk will continue with its services into the US port
  • #CareerAtSea hashtag marks Day of the Seafarer
  • IMO launches social media campaign
    'Slow government approvals process' impacts proposed budget and timelines on $7.7bn Carmichael coal project in northern Queensland
  • Pat on the back for UASC as FMC lifts pricing restrictions
    Middle East line granted exemption from controlled-carrier status

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The Journal of Commerceweb site
JUNE 25, 2015
  • Kuehne + Nagel to buy US multimodal 3PL ReTrans
    The Kuehne + Nagel Group is lengthening its trans-Atlantic reach by acquiring ReTrans, a Memphis, Tennessee-based non-asset multimodal transportation brokerage with more than $500 million in annual revenue. The purchase extends the reach of Kuehne + Nagel, the second-largest global 3PL, far beyond U.S. ports and into the nation's industrial heartland. The acquisition...
  • Charleston port deepening plan moves forward
    WASHINGTON - The plan to deepen Charleston's harbor to accommodate the latest and largest container ships calling the U.S. East Coast received a key vote of approval Thursday. The U.S. Army Corps of Engineers Thursday unanimously approved a final feasibility study and environmental impact report on the South Carolina port project,...
  • Tiger Cool Express names new vice president of marketing
    Overland Park, KS, June 25, 2015 - Tiger Cool Express LLC, an innovative and cost effective temperature-controlled intermodal transporter of produce and food products, announced it has named Ms. Cortney Keenan as Vice President of Marketing for the Company. Keenan is a graduate of the Sellinger School of Business and Management...
  • PortMiami receives second CMA CGM shipment of Egoo Energy Drinks from Poland
    Miami - PortMiami celebrated the arrival of the second shipment of Egoo Energy Drinks from Poland brought by CMA-CGM Group to PortMiami with a plaque ceremony and reception. Egoo Energy Drinks will soon be on the shelves of Whole Foods and Winn Dixie Grocery Stores throughout Florida thanks to CMA-CGM Group,...
  • R. J. Corman Railroad reaches agreement with Carolina Southern Railroad
    NICHOLASVILLE, Ky. - A long awaited deal to get the Carolina Southern Railroad operational and productive moved forward this week as Kentucky-based R. J. Corman Railroad Company and current owner Ken Pippin agreed to finalize the $13.9 million sale by the first of August. The 80-mile line extends from Mullins, SC...
  • Westfalia wins third consecutive top Green Providers Award
    York, Pa. - Westfalia Technologies, Inc., a leading provider of logistics solutions for manufacturers, warehouses and distribution centers since 1992, announces that it has won its third consecutive Food Logistics Top Green Providers Award for helping the food and beverage industry enhance sustainability in their supply chains. With its "Go...
  • Teddy Gleason Scholarship winners selected for 2015
    NEW YORK - The International Longshoremen's Association, AFL-CIO and New York Shipping Association, Inc. yesterday announced the eight winners of the 2015 Teddy Gleason Scholarships. The two trustees of the Scholarship Program, General Vice President, Stephen Knott filling in for ILA President, Harold Daggett and NYSA, Executive Vice President, Charles Darrell...
  • LTL trucking costs rise in Canada: Nulogx
    Canadian shippers paid slightly less overall to move goods by truck in April than in May, though they're still paying more than a year ago, the Canadian General Freight Index shows. The CGFI also showed intra-Canada and cross-border less-than-truckload rates increased in April. The index, sponsored by freight payment company Nulogx,...
  • Daggett: ILA won't yield on chassis inspections
    International Longshoremen's Association President Harold Daggett said the union won't halt what the American Trucking Associations contends are illegal inspections of intermodal chassis at East and Gulf Coast ports. "That's never going to happen, not on my watch," Daggett told "We're not going to let any chassis roll off these...
  • US productivity port bill advances amid pushback
    WASHINGTON - A bill that would require U.S. ports to provide monthly productivity reports to the federal government cleared a legislative hurdle Thursday. After a failed attempt to abort key provisions in the bill, though, it's clear lawmakers are divided on the legislation, an effort to avoid a repeat of...
  • Brazil concession process takes two steps forward, one back
    In a familiar turn, Brazil's effort to attract 10 billion reais ($3.23 billion) of investment for its port sector in recent weeks took two steps forward and one step back. Special Ports Ministry head Edinho Araujo has heeded industry advice and is trying to change the criteria of the concession bid...
  • ILA contract extension could run through 2025
    The new or extended contract being explored by International Longshoremen's Association and its East and Gulf Coast employers could run until 2025, seven years beyond the current agreement's 2018 expiration. "It could be a seven-year extension. It could be a brand-new contract. Everybody's saying 10 years, but we haven't really decided...
  • Slide show: Top 10 US Exporters, 2014
    The 2014 JOC Top 100 Exporters rankings once again are led by businesses engaged in recycling operations and industrial companies. The following slides offer a quick look at the Top 10 companies on the 2014 list. For more on the Top 100 Exporters, please visit our Special Topics page on...
  • Shanghai to allow foreign carriers to serve coastal markets
    Shanghai will allow foreign shipping companies registered with the city's free-trade zone to offer coastal services, the latest sign of the Chinese government effort to reform its state-dominated shipping sector. The new cabotage rights come with two caveats, one is that carriers must ship containers of foreign trade, meaning domestic trade...
  • India approves revised estimate for large rail investment
    In a significant infrastructure investment push, the government of India has approved new cost estimates for its long-planned eastern and western dedicated freight corridor projects, designed to upgrade intermodal connectivity between hinterlands and gateway ports in the country. The government now estimates the two rail transport projects would require a total...
  • Vietnam state study slams shipping surcharges as unclear and high
    Cat Lai Port, VietnamHONG KONG - An inspection by Vietnam's Ministry of Finance has found that many of the scores of surcharges imposed on customers by 20 foreign shipping lines were unclear and unreasonably high.The surcharges accounted for 34.4 percent of the total fees of more than $3.53 billion the...
  • China's big three cargo airlines will merge, aviation boss says
    HONG KONG - China's three largest cargo airlines will join forces to form the largest air freight carrier in Asia, according to a senior official at the Civil Aviation Administration of China, mainland state media reported.The three merging companies are Air China Cargo, China Cargo Airlines and China Southern Cargo,...
  • Hong Kong private equity firm buys into China warehousing sector
    HONG KONG - China's rapidly developing logistics property business continues to attract investment from outside the industry with a Hong Kong-based real estate private equity firm the latest to jump into the booming warehousing market.Gaw Capital Partners has reached an agreement with Vailog China for the acquisition, development and management...
  • China's One Belt, One Road strategy takes to the air
    Expanding air links with countries along the Silk Road will benefit China's big carriers.HONG KONG - The transportation focus of China's One Belt One Road strategy has so far been on improving maritime and rail links with Europe, Asia and Africa, but Beijing this week brought aviation into the picture,...
  • Hong Kong equity firm buys into China's warehousing sector
    HONG KONG - China's rapidly developing logistics property business continues to attract investment from outside the industry with a Hong Kong-based real estate private equity firm the latest to jump into the booming warehousing market.Gaw Capital Partners has reached an agreement with Vailog China for the acquisition, development and management...
  • UASC gains exemption from US controlled-carrier list requirements
    United Arab Shipping Co. gained regulatory breathing room Wednesday when the U.S. Federal Maritime Commission unanimously voted to grant the the Qatar-controlled carrier exemptions from filing rules required by it being on the "controlled carrier" list. The Controlled Carrier Act requires the FMC to maintain a list of shipping lines that...
  • New Orleans port says truckers agree to end protest
    Independent truckers at the Port of New Orleans have agreed to end a three-day protest, a port official said. The drivers had been complaining of slow turn times and unpaid repositioning of damaged containers. More than 100 drivers have gathered daily since Monday outside the entrance of the port's Napoleon Avenue...
  • Asset tracker SkyBitz to buy two transport telematics firms
    Telematics company SkyBitz will acquire Reltima and GPS North America, two commercial telematics companies in the local fleet management business. Reltima provides global positioning system-based fleet management solutions and GPS North America is a distributor. Increased demand for mobile, end-to-end networked computing systems in freight distribution is spurring acquisitions among telematics...

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TradeWindsweb site
JUNE 25, 2015
  • Gener8 down on debut
    Gener8 Maritime struggled in early trading today as the tanker owner made its debut on the New York Stock Exchange.
  • Dredger sinks in India
    India's coast guard has rescued four crew after their dredger sank.
  • Svitzer orders tugs
    Maersk's towage division boosts UK fleet with order at Damen's yard in Vietnam.
  • EU/IMF urge Greek tax rise
    Greece's international lenders are asking the debt-laden country to hike vessel tax, according to a draft document leaked on Thursday by the Financial Times.
  • Brokers end LMB Bulk plan
    Maersk Broker and Lightship have abandoned plans to bring their dry cargo chartering divisions together under the banner of LMB Bulk Chartering.
  • The case for bulkers
    Two in three Greek shipowners and managers would invest in the dry bulk market rather than in tankers now, a poll taken at the TradeWinds shipowners forum in Athens showed.
  • KG claws pulled
    The German KG market will probably survive but on a smaller, saner version than before, a senior German banker told the TradeWinds forum in Athens on Thursday.
  • PDVSA takes Russian imports
    Russia's Rosneft has clinched a one-year deal to export Urals crude to Venezuela's state owned oil company PDVSA.
  • Torm sets a date
    Torm expects to complete a deal that will see Oaktree take a controlling slice in the tanker owner within the next month.
  • Mercator picks dredger duo
    Mercator Limited has become the second largest dredger owner in India following the addition of two units.
  • Glencore sued in arms case
    Commodities giant Glencore is being sued by a Nigerian trader who claims it failed to pay him for help in freeing 15 Russian crew held on arms smuggling charges.
  • Petredec funds four
    Petredec has wrapped up financing for a quartet of newbuiildings.
  • Greeks want debt cut
    Four in five participants at the TradeWinds' shipowners forum taking place in Athens on Thursday think Greece's international lenders should bite the bullet and reduce the country's sovereign debt to make it viable.
  • Iran seeks $782m
    Iran is looking for as much as EUR 700m ($782m) for the construction of a new international shipping hub.
  • Norwegian strike off
    A strike by Norwegian oil workers has been called off after a new wage deal was agreed.
  • Navix strikes again
    Navix Maritime Chartering has secured its second contract in a month with a deal to take on commercial management of a Kazmortransflot tanker with the potential of more to come.
  • Gotland adds LNG ro-pax
    Sweden's Rederi AB Gotland has signed for a second new LNG-fuelled ro-pax in China.
  • Levy quits exec role
    Rand Logistics' founder Laurence Levy has resigned as executive vice chairman in a bid to streamline the company's management.
  • DSME: no STX France deal
    South Korea's DSME has confirmed it will not be buying STX France.
  • Saga Welco scoops COA
    Norwegian open-hatch bulker company Saga Welco has concluded a major contract of affreightment (COA) to carry woodpulp for Brazil's Fibria Celulose.
  • Jail and whipping
    Nine Indonesian hijackers have been sentenced to spend 10 years in jail and be whipped once for robbing a Malaysia-flagged chemical tanker in January.
  • UASC exempted
    The US Federal Maritime Commission (FMC) has exempted UASC from its controlled carrier rule due to its transparent communications.
  • Eight eye research ship
    Babcock International's Appledore Shipyard has made it on to the shortlist to build a £200m ($313.65m) polar research vessel for the UK.
  • Tamai back at Oshima
    Japan's Tamai Steamship has returned to Oshima Shipbuilding for a new handymax.
  • Boskalis' African hat trick
    Royal Boskalis Westminster has secured three dredging-related contracts in Africa worth a combined EUR 75m ($84m).
  • Officer shortage receding
    The shipping industry officer crew shortage is said to be receding, according to a new study compiled by Drewry.
  • SBLK sells third ship
    Seventeen-year-old panama latest bulker to exit The US-listed Greek shipowner's fleet.
  • Japan orders up on 2014
    Japan's newbuilding orders saw a three-fold increase in gross tonnage terms in May compared to a year ago, latest figures show.
  • Gener8 gets $210m
    Gener8 Maritime has completed its initial public offering on the New York Stock Exchange at $14 a share, well below the target price range of $17 to $19.

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American Shipperweb site
JUNE 25, 2015
  • Regulators: Ocean carrier competition must be preserved
  • Trucking groups plan driver recruitment among women, minorities
  • UASC granted exemption from 'controlled carrier' tariff provision
  • Protrans opens center in Milwaukee
  • Atlas steady on freighter fleet expansion
  • No deal yet on raising MSP stipends
  • AA Cargo opens cold storage facility
  • Work begins on Seine-Nord Europe Canal
  • Port of Gothenburg Logistics Park begins construction
  • PLS Logistics partners with JSW Steel
  • Stryker builds new warehouse in Netherlands
  • Transportation stocks slip after GDP, durable goods reports
  • TPA bill clears Senate, paves way for Asia trade deal

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The Bunker Bulletinweb site
JUNE 25, 2015
  • Physical bunker supplier joins Colombian marine fuels market
    Newly formed PetroBunkers began its first deliveries five months ago.
  • Titan Petrochemicals arranging meet-up with creditors
    Will present proposals for a 'certain, expedited recovery', it says.
  • Gotland orders second LNG-powered RoPax ferry
    Twin LNG ferry deal worth roughly $242.7 million.
  • 'Modest correlation' between VLCC speed and bunker prices
    But impact of speed on the effective size of the fleet 'can be far more significant than newbuilds and demolitions'.
  • Singapore fuel oil stocks begin to fall
    July arbitrage volumes are expected to be the lowest in six months.
  • Australian sulphur regulation 'does nothing to reduce emissions materially'
    But cost increase can make region less attractive for cruise ships, says RCCL official.
  • LNG: 'It's not the environment - it's just plain cheap'
    'Low prices are driving demand for LNG as a bunker fuel,' says US-based martime consultant.
  • Egypt signs deal on fuel oil supplies
    'Rosneft will be able to supply products directly into Egypt.'
  • China's sulphur regulations 'moving at a remarkable pace'
    'Very interesting, albeit predictable regulatory development,' says industry player.
  • Diesel demand weak over long term
    Marine and land demand patterns will be shaped by regulation, says analyst.
  • LNG bunkering facility to be constructed in Italy
    Facility could be online within 18 to 24 months, says spokesman.
  • Titan Petrochemicals arranging meetup with creditors
    Will present proposals for a 'certain, expedited recovery', it says.
  • Emissions analyser receives class certification
    The product is able to ensure emission compliance within ECAs, says spokesman.
  • Crude drops as US gas, distillate inventories strengthen
    However, US crude stockpiles fell for an eighth time last week.

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