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17 September 2019 The on-line newspaper devoted to the world of transports 06:19 GMT+2

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Sched Netweb site
DECEMBER 31, 2015
  • Beijing approves China Merchants Group acquisition of Sinotrans & CSC Holdings
  • Ningbo-Zhoushan port handles record 20m TEU in 2015
  • China fines eight carriers US$65 million for price fixing
  • Asian Logistics and Maritime Conference discussed Hong Kong future role
  • New shipping service between Gulf of Mexico and US East Coast
  • ZIM expands refrigerated container fleet to cope with demand
  • Senior Chinese official says India and China should not to turn Nepal into a 'boxing arena'
  • UK economy slows down as recovery loses momentum
  • Malaysia Airlines to expand its operations at Kota Kinabalu Airport
  • Pilot sparks probe after Malaysia Airlines plane flies in wrong direction
  • Shanghai sets up aviation association

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Exim Indiaweb site
DECEMBER 30, 2015
  • Gadkari to grace Bombay Chamber's 9th Biennial Conference on Ports, Shipping & Logistics on Jan. 22, 2016 in Mumbai
  • GAIL (I) to hire carriers from Golar LNG to transport US gas
  • Tough time ahead for small dry bulk vessel owners in 2016
  • ZIM to expand refrigerated container fleet
  • Maruti Suzuki to export Baleno car to EU
  • Kattupalli Port receives maiden vessel call of Evergreen Line
  • Cabinet approves exchange of land to set up Multi Modal Logistics Park by CONCOR
  • DB Schenker offers faster connection from China to European land transport network
  • Flipkart to invest $ 2.5 bn to strengthen logistics infra
  • Govt to award INR 50K cr. highway projects under PPP mode
  • RBI committee asks govt to remove interest subvention scheme for farmers
  • Several cos fail to commence operations even after allotment of land

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IHS Maritimeweb site
DECEMBER 30, 2015
  • European shipowners submit survival plan to EC
    European shipowners have published 16 proposals for the European Commission to revive Europe's maritime clusters and regional shortsea shipping sector. The initiative hails from the European Community Shipowners' Associations (ECSA), which wants to influence the European transport commission's maritime legislative strategy currently being developed for 2017 - the EC's designated "European...
  • Korea Shipowners' Association pleads for aid for Hanjin, HMM
    Credit: HasenpuschThe Korea Shipowners' Association (KSA) has pleaded for more to be done to assist Hanjin Shipping and Hyundai Merchant Marine (HMM) as the country's two biggest shipping companies continue to struggle with cashflow. In a letter jointly addressed to the National Assembly, Korea Development Bank, the Ministry of Strategy and...
  • OW Bunker's trades with Tankoil had 'no commercial basis', says trustee's report
    The manner in which bankrupt Danish marine fuels supplier OW Bunker's Singapore-based subsidiary traded with its main customer made 'no commercial sense', a trustee's report has found. In a report released by OW Bunker's trustee Soren Halling-Overgaard on 29 December 2015, following a probe into the events leading up to the...
  • Sharing the risk of a cyber attack
    Sharing information among competitors does not come easy for private companies, but pressure to do so is mounting as lawmakers and the maritime industry look for ways to reduce the risk of a cyber attack along the United States' waterfront. Strengthening Cybersecurity Information Sharing and Coordination in Our Ports Act of 2015,...
  • Samudera sells two vessels for USD4.86 million
    Singapore-listed Samudera Shipping has sold two vessels for a total value of USD4.86 million to Indonesian logistics company, PT Samudera Energi Tangguh. The two vessels sold are Sinar Bukom and Sinar Tokyo, at the price of USD360,000 and USD4,500,000 respectively. Samudera is expected to make a gain of USD34,793 from the 1990-built...
  • China approves merger of China Merchants and Sinotrans
    China approved the merger of China Merchants Group and Sinotrans & CSC as it continues to restructure its state-owned sector and create companies that can compete internationally. The country's State-owned Assets Supervision and Administration Commission (Sasac) said in a statement on Tuesday the merger was cleared by the State Council, China's...
  • Keppel, Triyards end the year with contract wins
    Singapore-based Keppel Offshore and Marine (Keppel O&M) and shipbuilder Triyards Holdings ended the year securing contracts despite challenging market conditions. Keppel O&M managed to win four contracts worth a total of SGD125 million (USD88.6 million) from repeat customers. Two of the contracts involved conversion projects for fitting an LNG floating storage...

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Marine Logweb site
DECEMBER 30, 2015
  • USCG closes section of Illinois River
  • NuStar already loading first post-ban U.S. crude export cargo
  • Carnival inks four cruise ship agreement with Fincantieri
  • USCG issues alert on dangers of unmarked dredge pipe
  • Philly Shipyard lines up $150 million Cat Financial loan
  • Eastern delivers first in a series of Z-Tech tugs
  • Gulf Island to acquire LEEVAC assets

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World Wide Shipperweb site
DECEMBER 30, 2015
  • Ceremony marks swearing in of new Vancouver Port Commissioner
  • Everett Port Commission to discuss SEPA changes
  • Panama Canal expansion work continues with plug removal project
  • Giant CMA CGM box ship arrives at Port of Los Angeles
  • Chinese hit MOL with fine for antitrust law violation

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Lloyd's Listweb site
DECEMBER 30, 2015
  • Philly Shipyard secures $150m loan for four tankers
    The facility is a continuation of cooperation between Philly Shipyard and Caterpillar Financial Services Corp
  • Dalian Port appoints new general manager and vice-chairman
    Former vice-chairman resigns due to work reallocation
  • India's Jawaharal Nehru Port Trust starts work on inland dry port project
    Project in line with India prime minister Shri Narendra Modi's industrialisation and 'Make in India' initiative
  • Beijing gets tough on box lines misreporting freight rates
    Ministry of Transport has fined eight container carriers including Maersk Line and Cosco
  • View from the bridge: Soeren Andersen
    Rickmers Maritime Trust can be considered a bellwether for containerised shipping as lines tend to return chartered-in ships when overcapacity bites
  • Samudera Shipping offloads two small chemical tankers to affiliate
    Sinar Bukom and Sinar Tokyo sold for $360,000 and $4.5m respectively
  • Global box line schedule reliability improves in November
    Taiwan's Wan Hai, a non-alliance member, emerges as most reliable carrier
  • Triyards clinches $21.8m oil barge contracts from Taiwan's CPC
    Vessels due for delivery in second quarter of 2018

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The Journal of Commerceweb site
DECEMBER 30, 2015
  • US domestic intermodal spot rates fall on plentiful capacity
  • US diesel prices plunge to lowest point since spring 2009
  • China Airlines, Yang Ming, Chungwa Post ally to meet e-commerce demand
  • Idle box ship fleet shrinks as owners scrap vessels
  • Logistics firm sells some of Busan container terminal stake
  • Feasibility study of deep-sea Nova Scotia container terminal begins
  • Cochin Port criticized for changing Vallarpadam Terminal concession terms
  • PierPass to LA port truckers: Pick-up times aren't as long as you think
  • Beijing clears China Merchants for Sinotrans CSC takeover

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TradeWindsweb site
DECEMBER 30, 2015
  • Five-ship sale leaves Scorpio cape-free
    New York-listed bulker owner sells three capesize bulkers and two newbuidlings for $167m.
  • US LPG export project up and running
    The number of VLGCs handled out of US Gulf to see steep growth due to expansion.
  • Giorgi: 'Big is not bad'
    Retiring Roberto Giorgi says growth of V.Ships showed opportunity in scale.
  • Carnival Corp takes four at Fincantieri
    Cruise giant books quartet in Italy, including two for Chinese market.
  • VLGC faces discharge delays due to strike
    Truck drivers in the western Indian state of Karnataka have been on strike since Monday.
  • Wells: Passage to India a 'modest positive'
    Reports linking Golar LNG to Gail contracts given gentle welcome by Wells Fargo.
  • China Cosco sings bulk blues amid box swap
    Hong Kong-listed owner exiting dry cargo market with bleak assessment of troubled sector.
  • Storm caused Eastern Star disaster
    Chinese probe blames sudden storm for fatal ferry capsize but captain and others could still face charges
  • Swathe of Chinese shipyards face chop
    Nearly half of Chinese yard capacity could be cut as another shipbuilder goes to the wall.
  • Karlshoej fund back for more Teekay stock
    Resolute adds to holiday activity and expands its leading position in New York-listed shipowner.
  • DOF wins charter deals
    Offshore owner adds to a busy Christmas with two new contract.
  • Subsea 7 wins Egypt work
    Oslo-listed owner signs contract for the platform extension of two fields in the West Nile Delta.
  • Shipping plays its part in record M&A year
    Dealogic figures show shipping and marine transportation deals at second highest level since crash.
  • SWS moves into top five world shipyards
    Chinese yard jumps Hyundai Mipo to disrupt Korean dominance of global shipbuilding.
  • Cat loan for Aker Philly
    Oslo-listed shipbuilder reveals $150m facility for quartet heading for Kinder Morgan.
  • Triyards bags bunker barges
    Singaporean shipbuilder gets new client in the form of Taiwan's CPC Corporation.
  • FreeSeas aims to comply with Nasdaq
    The dry-bulk owner approves yet another reverse split to maintain public listing.
  • NewLead reveals new major shareholder
    The Michael Zolotas-led company issues more shares to repay move into coal mining.
  • Trustee targets Altor and OW executives
    Investigation report says investment firm bears responsibility for document with 'misstatements'.
  • FreeSeas aims to comply
    The dry-bulk owner approves yet another reverse split to maintain public listing.

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American Shipperweb site
DECEMBER 30, 2015
  • USCG closes portion of Mississippi River due to flooding
  • South Korea to create $1.2b shipping investment fund
  • Deliberate delays help UPS deliver on time for the holidays
  • Goldman Sachs rates FedEx stock a 'buy' despite recent troubles
  • JNPT breaks ground on inland Indian port
  • Southeast Asian countries press for economic integration
  • Port of Singapore sees cargo throughput fall in 2015
  • CMA CGM Benjamin Franklin call at Los Angeles a successful 'test'
  • U.S. regulators tighten hoverboard trasport security over safety concerns

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The Bunker Bulletinweb site
DECEMBER 30, 2015
  • Low oil prices putting a break on LNG bunkering
    'Under the current lower oil price environment, the savings advantage of using LNG could be far less than anticipated,' claims OPEC.
  • OW Bunker: Lawyers report wave of ship arrests
    India legal firm has been involved in 65 arrests on behalf of ING.
  • Altor, others may be asked to pay back $175 million OW dividend
    Ad hoc trustee says there may be cause to claim reversal of December 2013 payout.
  • LNG bunker market set to grow at an 'astounding' rate
    Market will expand at a rate of more than 60% a year for the next ten-years, claims report.
  • Thailand's Sea Oil Petroleum to start trading operations in Singapore
    Bunker fuel trading to start January 2016.
  • Report: OW Bunker's IPO valuation 'significantly overstated'
    Fair market value assessment up to four times higher than indicative offers from industry players when Altor first sought to sell OW.
  • Taiwan's CPC books bunker barges
    Pair of bunker barges scheduled for delivery in Q2 2018.
  • Report suggests OW Bunker's IPO valuation was 'significantly overstated'
    Fair market value assessment used for IPO up to four times indicative offers from industry players when Altor first sought to sell OW.
  • Singapore MFM bunkering trials on track for 2017 deadline: MPA
    Existing bunker tankers delivering fuel oil at Singapore will be ready by Jan 2017.
  • Singapore Jan ex-wharf 380 CST bunker fuel concludes at $1.50-$2/mt premium
    High spot market premiums for 380 CST bunker fuel in January deterred sellers, say traders.

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