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03 April 2020 The on-line newspaper devoted to the world of transports 09:54 GMT+2

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Sched Netweb site
MAY 2, 2016
  • A-E rate soars 62pc to US$732/TEU, up 58pc to Med, 18pc to USWC
  • MOL levies US$400/TEU Malaysia-WC Latin America hike for May 15
  • HK's Modern Terminals orders 5 quay cranes, upgrades 4 old ones
  • China Cosco 9,400-TEUer to be first through expanded Panama Canal
  • MOL on-time performance from China slips due to congestion and fog
  • CKYHE shipping alliance restructures Asia-US east coast loops
  • US quarterly GDP up 0.5pc after 1.4pc rise in last year's fourth quarter
  • DP World sees volumes rise 3.7pc globally to 15.5 million TEU in 2015
  • Hamburg Sud cuts out USEC loop and changes two transpacific services
  • UPS quarterly profit up 9.7pc to US$1.13 billion as revenue rises 3.2pc
  • Yusen Logistics opens reefer unit 25 kilometres from HK airport
  • Old Dominion Freight Line quarterly net profit up 3.6pc as sales rise 1.6pc
  • Port of Hamburg publishes its 2016-17 'Liner Services' handbook
  • FedEx-TNT merger clears final hurdle with China's regulatory approval
  • China Eastern confirms US$4 billion in B787-9 Dreamliner orders
  • India mulls allowing importing planes of up to 18 years for regional flights
  • Delta Air Lines signs 20-year lease agreement with City of Atlanta
  • AAWW pilot unions demand US mediation in contract negotiations

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Exim Indiaweb site
MAY 1, 2016
  • Amit Maheshwari wins Asia Pacific Entrepreneurship Award 2016
  • DG Shipping to be Chief Guest at MANSA's conference on 'Ease of Doing Business' on May 6
  • European Commission approves CMA CGM's proposed acquisition of NOL
  • Multipurpose shipping seen taking more time to recover
  • Seashell Logistics exhibits its strengths at Maritime India Summit 2016
  • Anti-dumping duty likely on chemical from China & Korea
  • Adani Kattupalli Port receives maiden vessel call of Maersk Line's Colombo-Salalah Shuttle Service
  • Gangavaram Port sets all-India record for non-coking coal discharge
  • New Kandla Port Board of Trustees for 2016-18
  • Over 80 port connectivity projects proposed
  • Exports need logistics infra fillip: Gadkari
  • Projections of the Economic Survey 2015-16 - I

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International Transport Journalweb site
MAY 2, 2016
  • Good subcontinental prospects
  • New Luxembourg-South of France rail service
  • Volunteer of the year attracting young talent
  • Descartes takes on Pixi
  • Grain mountain shifting from road to rail
  • BDB gains support from port of Antwerp
  • Lufthansa Cargo advising start-ups
  • Ellis to manage GSAs for Virgin Atlantic
  • Dachser flourishing in 2015
  • Green light for CMA CGM's acquisition of NOL
  • Railway sector joins forces to deploy digital technology
  • Braemar names harbour and ports custodian (ME)
  • China Eastern finalizes major Dreamliner order
  • Lee takes pilot seat at Raya
  • Kazakhstan: 300 new trucks and trailers
  • Headwinds for Japan's big three
  • Pacavi confirms first P2F Airbus orders
  • US logistics company opens up in Vietnam

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IHS Maritimeweb site
APRIL 29, 2016
  • GLDD signs USD93 million in dredge contracts
  • Samsung HI back to black with USD13.9 million
  • Brussels approves CMA CGM takeover of NOL
  • Yangzijiang's profit falls 36% in first quarter
  • RBS' non-performing shipping loans almost double in three months
  • Panama Canal dismisses ITF lock safety claims
  • Hanjin Shipping's letter suggests debt renegotiations on the cards
  • DSME negotiating Iranian offshore plant order
  • POSCO's contracts fail to prevent losses for general cargo specialists
  • Seadrill extends maturities of three facilities in latest cash protection move
  • Reports of Fredriksen VLCC orders raise industry concerns
  • Australia 'ready to go' with LNG powered shipping
  • Spot rates soar on Asia-Europe as GRI takes effect
  • China COSCO profit falls 21.8% y/y in 2015
  • Yang Ming mourns its president Hermann Yu
  • Long-awaited China guidelines to SOLAS box weighing rule are issued
  • Offshore business SapuraKencana downgraded to 'sell'
  • Rising consumption drives intra-Asia, e-commerce shipping and logistics growth

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The Loadstarweb site
APRIL 29, 2016
  • EC clears CMA CGM bid to buy APL, but it must withdraw carrier from G6 alliance
  • UK air cargo carriers set to expand despite tough market conditions
  • Asia-Europe rates soar as next round of GRIs looms and demand strengthens
  • Panama Canal hits back at 'false' ITF claims that new locks pose a threat to larger boxships
  • UK logistics executives believe their firms will be better off staying in the EU
  • Ivory Coast trade gets a lift as European consumers get a taste for mangoes
  • The driverless truck is coming, and it's going to automate millions of jobs
  • E-commerce gives UPS profit a lift, despite mixed US economy
  • Raya Airways names Lee Shashitheren as its new chief executive

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Marine Logweb site
APRIL 29, 2016
  • Blue Drop Training wins C$15 million AOPS award
  • Singapore revokes bunkering licenses
  • Crowley's Michael Roberts gives Senate testimony
  • Panama Canal dismisses ITF claims on maneuvering safety
  • Schottel products benefit from new gearbox technology

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World Wide Shipperweb site
APRIL 29, 2016
  • Greenbrier receives order for two ocean-going barges
  • CBP warns of traffic woes near Port of Seattle terminals
  • Trade between NAFTA partners falls during month of February
  • Volaris Airlines to begin service between Guadalajara and Sea-Tac
  • V.Ships Offshore nets contract for oil spill vessel management

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Lloyd's Listweb site
APRIL 29, 2016
  • China Cosco boxship to make inaugural transit through new Panama Canal locks
    The vessel, Andronikos, will make the first transit through the expanded waterway on June 26.
  • MSC Fabiola grounding blocks Suez Canal convoy
    Chartered-in ship halts southbound transit
  • Prestige ruling puts oil spill compensation system in jeopardy, says ICS
    Chamber calls for IOPC Funds members not to sacrifice system for interests of individual countries
  • TAL-Triton container leasing merger on track for June closing
    Combined entity will control 25% of intermodal freight containers and aims to make annualised savings of $40m
  • Capes charge ahead with some cracks
    Strong sentiment continues although some routes starting to show signs of weakening perhaps due to the expansive holidays
  • Asia-Europe carriers push through May GRIs
    But overcapacity on the transpacific trade sees lines struggle to justify latest GRI attempts
  • Yangzijiang Shipbuilding sees 37% fall in first quarter net profit
    Revenue dented by lower contributions from shipbuilding segment
  • Singapore port authorities cancel licences of two bunker companies
    Investigations revealed discrepancies and incorrect declarations in records on board bunker vessels
  • Brussels greenlights CMA CGM takeover of NOL
    Update: Sets condition of NOL leaving G6 alliance next year, as already pledged by CMA CGM
  • Can US crude exports on tankers emulate LPG?
    Investment in appropriate infrastructure is needed but there are significant questions over the economics
  • Yard Talk | No merger in short run for South Korean giants
    SHI and DSME are to survive on their own for now, but there are still longer-term prospects
  • Fortuna FLNG project delay deals another blow to Golar
    Golar LNG has an agreement to provide midstream chartering and operating services for the project
  • China Cosco incurs deeper net loss on unit disposals
    Group expects more losses ahead as shipping market shows no signs of improving
  • Panama Canal cargo transfers skew US propane export data
    Panama showing up as propane exporter to China and Japan even though it does not produce any
  • Indonesian thermal coal cargoes could pose fire hazard, warns London P&I Club
    Indonesian coal has tendency to self-heat and emit volatile methane gas
  • Cosco Pacific first-quarter profit rises 31% on share disposal gains
    Profit increase due mainly to company disposing of its entire stake in subsidiary Florens Container Holdings
  • Shell terminates three FLNG orders with Samsung Heavy Industries
    Contract termination follows Woodside Petroleum's announcement to halt Browse FLNG project citing difficult market conditions
  • Asia sea robbery incidents down in first quarter 2016, says ReCAAP
    No piracy incidents reported during January to March period
  • Global Ship Lease welcomes ocean carrier alliances
    Consolidation to bring stability to volatile containership industry
  • Paragon Shipping stock price surges
    Cancellation of $2.2m debt leads to five-fold increase in stock price in a single day

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The Journal of Commerceweb site
APRIL 29, 2016
  • Eastbound trans-Pacific spot rates stage recovery
  • Japan finalizes SOLAS processes, punishments
  • Hermann Yu, Yang Ming president, dies at 59
  • US OKs two alternative container weighing verification methods
  • Yusen profit falls despite ocean volume gains
  • Profit declines at leading India logistics provider
  • Asia's consumers and manufacturing reshaping logistics
  • CMA CGM gets EU greenlight to acquire NOL
  • Rates rocket on Asia-Europe trades as GRI takes hold
  • Supply chain parties hook up new freight rate solution on volatile Asia-Europe
  • China issues guidelines to SOLAS container weight rule

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TradeWindsweb site
APRIL 29, 2016
  • String of handysize bulkers change hands
    Orient Marine sells Boronia K; Falcon Maritime buys Hanze Groningen; Exeno Yamamizu ship sold.
  • Cosco ship to break in new Panama Canal
    Newer, wider locks able to handle only four slots during initial start-up.
  • Jinhui bulker sold off as supramaxes rise
    Oslo-listed bulker owner said to have let go of 16-year-old Jin An.
  • Doun tied to sale of post-panamax bulker
    Japanese shipowner reported to have unloaded 97,000-dwt Eternal Power.
  • Yamal LNG secures $12bn of Chinese finance
    Russian gas project avoids sanctions conflict through Beijing deal.
  • Ophir-Schlumberger FLNG deal collapses
    But midstream partner Golar LNG says its framework agreement with American oil major is not affected.
  • Faz quits Norwegian after four months
    Chief executive at hull club replaced by Hans Christian Seim.
  • Royal Caribbean crushes estimates
    Miami cruiseship owner increases 2016 forecast and more than doubles earnings in first quarter.
  • Term deals keep bulker owner ESL in profit
    Finnish owner hit by weaker supramax rates, but stays in the black for Q1.
  • Europe clears CMA CGM's NOL deal
    French owner's plan to acquire Singapore company given the green light by European regulators.
  • New brokerage eyes distressed claims
    Robert Southey's new operation says it has a long list of struggling companies to monitor.
  • ECSA wants focus placed on Africa
    Shipping should feature in any trade deals with Europe, owners' body says.
  • DSME workers to fight against job losses
    Unions are heading for conflict with top management over restructuring plan.
  • Olympic OSV makes renewables shift
    Olympic Delta wins 120 days of work as diversification proves necessary.
  • Seadrill stretches loans worth $2.95bn
    Banks give their consent to provide drillship owner with much needed breathing space.
  • Elektrans tanker returning crude to Libya
    Distya Ameya to offload cargo at Zawiya after being blacklisted by UN.
  • CSCL ends liner shipping with a loss
    Chinese state owner posts $132m Q1 deficit as it transfers vessels to sister outfit.
  • Samsung Heavy pushes up Q1 profit
    But shipbuilder fails to beat analysts' estimates as revenue dips slightly.
  • Grupo TMM chops loss and boosts EBITDA
    Mexican tanker and OSV owner reports stronger operational figures as it reduces Q1 red ink.
  • Ultrabulk books annual profit in poor market
    Danish owner expects to record positive operating numbers in 2016.
  • China Cosco starts boxship operations with $690m loss
    New containership wing of merged Cosco/China Shipping group hit by disposal of bulker interests.
  • Singapore kicks out two more bunker suppliers
    Lion Republic gets tough with more companies after investigations reveal discrepancies.

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American Shipperweb site
APRIL 29, 2016
  • NEWS FLASH: China COSCO ship will be first to transit expanded Panama Canal
  • China approves FedEx acquisition of TNT
  • Container spot rates soar 31.9%
  • YRC posts mixed Q1 results
  • Kirby Corp.'s Q1 profits tumble
  • Banks to decide on Hanjin restructuring next week
  • S.C. pursues second inland port to attract cargo to Charleston
  • USCG outlines methods for VGM compliance
  • DP World Q1 volumes up 3.7%
  • PwC: Logistics M&A activity slows in Q1 2016
  • AIIS: U.S. steel imports in March rise 12.8% from February
  • ODFL's net income drops 3.6% in Q1 2016
  • Senate committee passes pro-port WRDA bill
  • Union group, Panama Canal clash over safety study
  • European Commission approves CMA CGM's $2.4b purchase of NOL/APL
  • Outsize growth for inland port
  • The money chase
  • Global TMS Comes of Age
  • Staying nimble
  • Progress on port productivity
  • The Bottom Line: Underused supply chain process options
  • Executive Summary: Transportation Procurement Report
  • CIO Insight: Let technology be a brand builder
  • Compliance 360: Ports gain DOT respect
  • Ocean Transport: Hapag-Lloyd CEO sees beyond gloom
  • Container Analytics: 2016 transpacific container rate negotiation primer
  • Air Transport: Cuban cargo crisis?

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The Bunker Bulletinweb site
APRIL 29, 2016
  • Rotterdam 380 CST bunker fuel above $200/mt on buoyant crude
    $200 level last seen in November.
  • Singapore starts construction of deep-water Tuas Terminal Phase 1
    Completion of Phase 1 in early 2020s.
  • Singapore imports 347,168 mt of fuel oil from Iran end-Mar to end-Apr
    Data has resurfaced since trade sanctions against Iran were lifted in January this year.
  • Singapore's WE Bunker appeals $1 mil payment order to Viet Hai Petroleum
    Case centers on a series of transactions in 2012.
  • Short-term impact on Singapore bunker market after Vermont UM loses license
    Exit will mean some barge congestion and reduction in spot bunker fuel volume.
  • Competition intense for heavy fuel oil in St. Petersburg: sources
    Following a move by one supplier to add heavy fuel oil to range of products it offers in the market.
  • Japan's JX seeks to raise Q2 fuel oil prices 7-11% from Q1 on higher costs
    JX's fuel oil prices are used as benchmarks by Japanese industrial buyers.
  • WFS committed to marine segment despite challenging market conditions: CEO
    The company's marine segment reported a 27% decline in gross profit for the first three months of 2016.
  • Crude prices push USGC HSFO above $30/b for first time since November
    Most of the reason for the rising price has been due to increases in the underlying crude market.

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