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06 April 2020 The on-line newspaper devoted to the world of transports 13:34 GMT+2

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Sched Netweb site
NOVEMBER 27, 2015
  • Evergreen's subsidiary Greencompass Marine S.A will own ten of twenty 2,800 TEU ships
  • Hapag-Lloyd revises port calls of Europe to Australia (EAX) service
  • Asia-Australia rate recovery is spurred by capacity reductions
  • Number of idle box ships surges by 52pc in November from October, says Drewry
  • Amazon purportedly running secret air cargo operation called 'Aerosmith'
  • US third quarter GDP up 2.1 per cent on high inventory growth
  • Long Beach terminal achieves record high box moves
  • Taiwan lobby shelves free trade zone campaign amid anti-China sentiment
  • WTO rules in favour of Mexico in US tuna dispute
  • No explosives found in seized Cairo packages: DHL officials
  • Asian carriers record peak season cargo boost in October
  • US regulators approve Fedex-TNT merger, EU antitrust approval expected
  • Unions seek support of IFALPA over Cargolux pilots' dispute

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Exim Indiaweb site
NOVEMBER 26, 2015
  • A Big Thank You
  • A.T.C. celebrates 58th anniversary
  • Global DRACEA Meet at Aamby Valley from Nov. 29
  • MANSA signs MoU with NMIS for skill development
  • Rickmers-Linie successfully completes recertification
  • JNPT conferred ISO 27001:2013 certification
  • Railways inks deal for manufacture of steel wagons under 'Make in India' initiative
  • Govt takes steps to fast track flow of overseas investments into infra projects
  • India seen outgrowing China in exports from 2025 to 2050
  • INR plunges against dollar
  • Maharashtra sugar mills ink export deals for 2 lakh t

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International Transport Journalweb site
NOVEMBER 27, 2015
  • Solution-oriented in the euro crisis
  • FSG acquires TFF in South Africa
  • Senior director to lay out Intelligrated strategies
  • 95 t of winter equipment to North America
  • More investors found for new locomotives
  • CSX names strategy leader
  • Hallelujah! Kaiser lock reopening
  • Increase in UK transport budget welcomed
  • Gates open at MICT's yard 7
  • 12 million t haulage contract ends up in PKP net
  • Two new members for ACCF
  • Paul Griffiths named AP CEO of the Year
  • Immediate client contact per Messenger
  • Rotterdam's port shuttle to run in 2016
  • BDI hits all time low
  • IAG Cargo prepares for festive rush
  • US gives green light for Fedex taking over TNT

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IHS Maritimeweb site
NOVEMBER 26, 2015
  • ESL Shipping orders the world's first large LNG-fuelled bulk carriers
    Helsinki-based ESL Shipping has contracted two Chinese shipyards to construct the world's first LNG-fuelled bulk carriers. The two vessels will be built by Chinese shipbuilders Sinotrans and CSC, at its Qingshan shipyard, and are to begin operations in the Baltic Sea by early 2018. ESL's total investment for the Ice-class 1-A pair...
  • Mixed maritime reaction to imminent ballast water management convention ratification
    A Wärtsilä Aquarius EC Ballast Water Management System. Credit: W'rtsil'Indonesia's ratification of the Ballast Water Convention this week is expected to meet the tonnage requirement of the convention, which would enter into force in November next year. While the IMO is yet to confirm the imminent entry into force, IHS Fairplay...
  • Senate blocks government move to open Australian coast to international shipping
    The Australian Senate. Credit: PAA government bill to deregulate the Australian coast and allow international shipping greater access to domestic trade has been blocked in the Senate today (26 November). The Shipping Legislation Amendment Bill would have all but eliminated restrictions on international shipping carrying Australia's domestic cargo by allowing foreign...
  • Taiwan carriers' rate decline mirrors industry trend
    The sharp decline in net income of Taiwan's top three carriers through the course of the last three quarters gives a clear picture of the container shipping industry's rapidly deteriorating operating environment.Revenues of Evergreen Marine, Yang Ming and Wan Hai are steady in the first and second quarters then drop...
  • Sembcorp Marine strikes back in contractual dispute
    Singapore-listed offshore services provider Sembcorp Marine has defended its PPL Shipyard subsidiary over allegations of a contractual breach by Marco Polo Marine (MPM). And it counter-claims that MPM is trying to avoid payment. The issue relates to a rig that PPL is building for MPM subsidiary Marco Polo Drilling. After finding cracks...
  • Taiwan carriers' rate decline mirrors industry trend
    A Yang Ming container ship arrives at the US port of Boston. Credit: MassportThe sharp decline in net income of Taiwan's top three carriers through the course of the last three quarters gives a clear picture of the container shipping industry's rapidly deteriorating operating environment. Revenues of Evergreen Marine, Yang...
  • Global container handling picks up
    Container trade had been 'exceptionally weak'. Credit: PAGlobal container throughput appears to have increased during October after two months of extreme weakness, according to the latest container handling index by German research institutes RWI and ISL. In this week's flash estimate based on handling data from 47 container ports around...
  • Shipbuilder ShinaSB heads for liquidation
    ShinaSB was based in Tongyeong, pictured. Credit: PADebt-laden South Korean mid-tier shipbuilder ShinaSB is heading for liquidation, after attempts to sell itself fell through. The shipbuilder submitted a winding-up application to Changwon District Court on 23 November, having been under receivership since April 2014. Three subsequent attempts at a sale, including the...
  • Seoul seeks study on impact of giant box ships
    Credit: Michael HollmannSouth Korea's Ministry of Oceans and Fisheries is calling for tenders to provide research on ultra-large container ships. The announcement on 26 November comes a week after minister Kim Young-suk said the government would help Hanjin and HMM to acquire such vessels to compete more effectively in the market. The...
  • KSS Line seals LPG shipping contract with JX Ocean
    A KSS Line LPG carrier. Credit: Southern Cross Maritime_679971South Korean chemical and LPG shipping company KSS Line said on 26 November that it has won an LPG shipping contract with JX Ocean, the shipping arm of Japanese refining group JX Nippon Oil & Energy Corporation. The contract, worth KRW60.6 billion (USD52.5...
  • CMA CGM's NOL acquisition 'will set container capacity consolidation record'
    Credit: HasenpuschThe potential acquisition of Neptune Orient Lines (NOL) by CMA CGM would mark the biggest consolidation in container shipping based on the capacity of the targeted carrier, according to Alphaliner. NOL's APL unit operates a fleet of 541,000 teu compared with the 460,000 teu capacity of P&O Nedlloyd in 2005 when the Anglo-Dutch carrier was acquired by Maersk,...
  • Baku port builds for opportunities in China-Europe overland links
    Baku, Azerbaijan. Credit: PAThe Port of Baku, the oldest and largest port on the Caspian Sea, will complete phase 1 of its new international sea and trade port by 2017, increasing capacity to 11.5 million tonnes of cargo per year and up to 50,000 containers, many of which could be...
  • Aussie shipping gives tepid response to liner block exemption
    Australia's government is considering a block exemption to the competition law for liner shipping in a move that has been cautiously welcomed by Shipping Australia, the industry's national association.The Harper Review of the competition policy recommended a block exemption for liner shipping to replace the current Part X of the...

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The Loadstarweb site
NOVEMBER 26, 2015
  • UK autumn budget brings massive boost to major roads, but ignores skills shortage
  • Culture change required to avoid chaos from container weighing rule
  • Intradco's Eddie McMullen dies after valiant battle with cancer
  • Airbus has a patent to make cabins like shipping containers
  • Will China's silk road dream turn into a nightmare?
  • The US turkey trot - and other Thanksgiving facts
  • Global 3PLs eye opportunities in China's cool chain, especially the lack of cold storage

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Marine Logweb site
NOVEMBER 26, 2015
  • Finnish owner orders first LNG fueled handysize bulkers
  • TOTE ship back under way after losing power

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Lloyd's Listweb site
NOVEMBER 26, 2015
  • MC-Seamax buys boxship duo from Monarch and Capital
    Sale for more than $190m marks profitable check-out for US private equity investor
  • Soyuz withdraws Rotterdam OW Bunker unjust enrichment case against Wilson
    But Dutch court ruling could pave way for future legal action across the Continent
  • Evergreen and Yang Ming take a hit in third quarter while Wan Hai sails through with a gain
    Yang Ming Marine Transport suffers deeper loss at about $129m as rates rout takes its toll
  • Zim stays in the black as US focus pays off
    Update: Carrier posts $11m profit for third quarter after hefty losses a year earlier
  • SeaEnergy issues results warning
    Company to exit ship management and focus on core business
  • Rotterdam faces strike action
    Unions threaten stoppages over redundancies
  • Multiple OW Bunker interpleader applications filed in the Netherlands
    Ruling likely to echo London decision, but for different reasons, says AKD
  • MMC Corp ports business profits rise
    Group in the process of acquiring Port Klang container terminal operator
  • Product Tanker earnings remain subdued
    India and China cut fuel exports amid rising domestic consumption
  • Marco Polo Marine proceeds with legal action against Sembcorp Marine unit
    But rig contract still in force, says Sembcorp Marine
  • Evergreen confirms $390m order for 10 containerships
    Update: New vessels allocated to Taiwan line's Greencompass Marine subsidiary
  • ESL orders world's first gas-powered bulk vessels
    Newbuilding pair on back of long-term contract with Swedish steel maker SSAB, while ESL also signs contract to ship dry bulk biofuel into Sweden for Fortum
  • Singapore extends liner shipping competition exemptions for five more years
    Order exempts liner shipping agreements from rules prohibiting anti-competitive agreements
  • Zodiac Maritime scoops up six Scorpio Bulkers capes
    Update: S&P activity picks up as valuations fall, following dismal freight rates
  • Peninsula Petroleum extends syndicated credit facility
    Bunker supplier secures total working capital of $350m

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The Journal of Commerceweb site
NOVEMBER 26, 2015
  • Caspian Sea Port of Baku builds for opportunities in China-Europe overland links
    The Port of Baku, the oldest and largest port on the Caspian Sea, will complete phase 1 of its new international sea and trade port by 2017, increasing capacity to 11.5 million tons of cargo per year and up to 50,000 containers, many of which could be transshipped between China,...
  • Rotterdam faces dockworker strikes
    Maasvlakte 2LONDON - Rotterdam dock workers are planning a series of 24-hour strikes over the next two months to protest possible lay-offs at the port's newest container terminals. The FNV union has called for job guarantees for nine years, a demand rejected by the three leading terminal operators, Europe Container Terminals,...
  • Zim remains profitable in tough quarter
    Zim Integrated Shipping Services' financial recovery is gathering pace as the Israel-based ocean carrier posted its fourth consecutive quarterly operating profit in challenging market conditions. Adjusted earnings before interest and tax dipped to $12 million in the July to September period from $14 million in the third quarter of 2014 and...
  • Seoul to study mega-ships after pledging financing aid to Hanjin, HMM
    South Korea's government plans to conduct research on ultra-large container ships, including the return on investment of the vessels, their impact on ports and the investment needed at terminals to handle them. The Ministry of Oceans and Fisheries Thursday call for tenders comes a week after its minister, Kim Young-suk, said...
  • CMA CGM adds port calls to service connecting Europe to South Asia
    CMA CGM said it is upgrading its New Europe Mascarene Oceania service by adding new port calls, starting in early December. The France-based ocean carrier operates the weekly loop, linking Northern/Southern Europe, India, Singapore and Australia, via a vessel-sharing agreement with Hapag-Lloyd. The changes on the joint service include additional weekly calls...
  • Singapore renews liner block exemption for five years
    HONG KONG - Singapore will extend its block exemption order for liner shipping agreements for another five years until December 2020, the Ministry of Trade and Industry has announced.The decision was widely expected and comes after a public consultation by the Competition Commission of Singapore and its recommendation to renew...
  • Liner block exemption not the right move, Aussie shipping lobby says
    Australia's parliament.Australia's government is considering a block exemption to the competition law for liner shipping in a move that has been cautiously welcomed by Shipping Australia, the industry's national association.The Harper Review of the competition policy recommended a block exemption for liner shipping to replace the current Part X of...

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TradeWindsweb site
NOVEMBER 26, 2015
  • Grimaldi targets EIB loan
    Italian owner said to be finalising $212m of financing for new car carriers in China.
  • SVS offloads oldie
    Dubai-based offshore owner sells the first vessel it ever bought.
  • Pacific Basin back in action with handy buy
    Owner returns to S&P market but issues profit warning for 2015.
  • CMA CGM + NOL = No material impact
    DNB analysts see post-deal profit gains for NOL but believe merger with CMA CGM will not impact wider market.
  • Zim stays in the black
    Israeli container line turns around last year's Q3 loss despite falling rates and revenue.
  • Cargoship up for sale
    UK Admiralty court invites bids for German-managed Doris T in Liverpool.
  • SALT adds flavour to Thanksgiving turkey
    Analysts believe $227m capesize deal with Zodiac Maritime will mean a happier holiday for investors.
  • Victory for Aussie crews
    Government's bid to open up domestic shipping kicked out by senate.
  • Tankers strong for Fisher
    UK owner says products fleet performing well, but group revenue down 4% due to offshore oil.
  • Aurora goes for bonds
    LPG carrier owner aiming to raise $23.2m in Norwegian market.
  • Boxship stacking rush continues
    Drewry says laid-up fleet increased by a whopping 52% from October to November.
  • Sealink sees red
    Malaysian offshore support vessel owner posts loss in third quarter despite bigger revenue.
  • Latsis offloads MR duo
    Greek owner linked to sale of two of its oldest tankers built in 2008.
  • Evergreen confirms 10 boxships
    Taiwanese container line reveals it will spend up to $390m on vessels ordered earlier this year.
  • Cocaine found on boxship
    Customs officers seize 484kg of drugs hidden on MSC vessel at Antwerp.
  • CMA CGM cuts by half
    French container line says CO2 emissions reduced by 50% over the last 10 years.
  • ShinaSB to be wound up
    Korean shipyard files for bankruptcy after sale bids fail; faces liquidation.
  • KSS Line ties-up VLGC newbuilding
    Expanding South Korean owner quick to find employment for ship ordered last month.
  • China oil imports to rise
    Low prices mean country could become increasingly dependent on the Middle East and Russia for crude.

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American Shipperweb site
NOVEMBER 26, 2015
  • Beating port congestion
  • 5 reasons for a postponement strategy
  • Limiting liability
  • Freight in TIGER's eye
  • Domestic air cargo's mixed results
  • Florida's freight railroad
  • In the shadow of an epidemic
  • The first container crane
  • How big are the big ships calling U.S. ports?
  • The Big Ship squeeze
  • APL's U.S.-flag service eyes commercial cargo
  • California export worthy of a toast
  • The next case for TPP
  • 2016 outlook
  • Obama's Trade Legacy
  • What's the next big acquisition?
  • 2015: 'The year of M&A'
  • Person of the Year
  • The TMS Effect: Impacts on the Efficiency of Shipper and 3PL Domestic Freight Execution
  • Comments and Letters

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The Bunker Bulletinweb site
NOVEMBER 26, 2015
  • Pacific Basin issues profit warning
    But full-year losses narrow over previous year.
  • Developer wants to pull out of Egyptian bunker project
    Mashreq Petroleum is in talks to end its contract.
  • VPS sees big ECA impact on sample distribution
    Low sulphur fuels now making up a bit more than half of samples tested in Northern Europe.
  • Dan-Bunkering hires staff
    To its Middle East office.
  • Inventory build could reflect weaker bunker demand
    Singapore onshore fuel oil stocks at a four-week high.
  • OW: Dutch interpleader applications filed
    Although Dutch law likely to favour estate.
  • LNG makes commercial sense, despite fall in bunker prices
    Competitive advantage will become 'significant' if oil prices rise.
  • ESL Shipping orders gas-fuelled ships
    As part of transport agreement.
  • Investment bank expresses interest in Mauritius bunkering sector
    Bank may support players establishing bunkering facilities, says minister.
  • France may introduce penalty for MRV non-compliance, says law firm
    Due to 'obligation' as EU member, says Lewis & Co.
  • French container line halves CO2 emissions over decade
    Company has invested in technology to reduce fuel consumption.
  • Peninsula Petroleum announces increase in credit lines
    Syndicated credit lines provide $350 million working capital.
  • US DATA: EIA says crude stocks rose 961,000 barrels
    Crude stocks have built nine consecutive weeks.

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