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07 April 2020 The on-line newspaper devoted to the world of transports 18:43 GMT+2

July 4, 2016

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Sched Netweb site
JULY 4, 2016
  • A-E surges 99.8pc to US$1,206/TEU, up 50pc to Med and 61pc to USWC
  • Maersk to accept US Coast Guard VGM acceptance standard in US
  • S'pore minister fears crisis in July 12 Hague ruling on South China Seas
  • Service reliability of ocean carriers hits six-month high: Drewry
  • New assignments for 13,000-TEU vessels as US demand slumps
  • Ex-DHL forwarding chief among backers in French freight tracker scheme
  • CMA CGM levies US$225/TEU Zanzibar congestion surcharge
  • Brexit to have little direct impact on container sector: Alphaliner
  • Xeneta sees no silver lining for container shipping in Brexit storm
  • Impact of Brexit vote likely to be muted, but harder on box ships
  • Cargolux CEO steps down after 'losing support' of powers that be
  • Asia Pacific airlines's cargo falls 0.7pc in May, says AAPA
  • Quebec subsidy firms up US$1 billion Bombardier C Series investment

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Exim Indiaweb site
JULY 3, 2016
  • Asian Shipping & Logistics successfully handles ODC shipment at Mundra Adani Terminal
  • BIMCO launches new standard agreements for novation of shipping contracts
  • Boxship demolition up this year
  • CMA CGM crosses 91.05 pc ownership threshold of NOL
  • Demand outlook for multipurpose shipping seen taking time to improve
  • Enclosed space ship safety rule enters into force
  • New Singapore-Calcutta service launched
  • Nexus Logistics commences full-fledged operations in Hazira
  • NYK vessel first to make commercial transit through expanded Panama Canal
  • Role of merchant seafarers in migrant rescues highlighted on day of the seafarer
  • Sanjiv Potnis is the new Chairman of BOFBA
  • UASC concludes fully compliant VGM lift ahead of deadline
  • Barley imports seen rising
  • Brexit could impact engineering exports, says EEPC
  • Chinese steel may face anti-dumping levy
  • More import of pulses on the anvil
  • Logistics Data Bank service commences at JN Port
  • Major focus on port-rail connectivity projects under Sagarmala Programme
  • PSA launches Living Lab for port & logistics industry
  • US Consulate official visits Kandla Port
  • IPRCL SPV to develop coal rail corridor connecting Paradip Port
  • Pradip Kumar Agrawal takes charge as Director (Domestic Division), CONCOR
  • RITES exports modern passenger coaches to Bangladesh
  • Forex reserves fall by $ 3.03 bn to $ 360.79 bn

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International Transport Journalweb site
JULY 4, 2016
  • New alliances chose Malta
  • Turkish Cargo continues active container offer
  • Australia: fund to fix NSW truck washing facilities
  • Two more widebody stands at Zurich airport
  • Major changes for CMC
  • Rhenus takes over Loomis
  • Samskip looks to floor its rivals
  • STM picks new president
  • Maiden award for Auckland
  • Plus Ultra sets long-haul schedules
  • Petit Forestier scoops up Fraikin
  • Extending network to Hungary and Greece
  • Spedlogswiss re-elects De Courten
  • Eco Ports network enlarged
  • More South but less West Africa with Emirates
  • New office near Madrid airport
  • Compass lures John P. Martin away from Agility
  • Another M for 2M?
  • Contargo hatches out new rail company
  • Ethiopian welcomes A350 with massive changes
  • German cargo carrier says "Buongiorno"

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IHS Maritimeweb site
JULY 1, 2016
  • European port survey reveals further decline in banned ships
  • Tanjung Pelepas to double capacity by 2030
  • HMM delays bulker delivery
  • South Korean shipbuilding interests call for government to back vessel orders
  • Ezion Holdings-Sinotrans & CSC Holdings set up offshore windfarm JV
  • Expansion to take Montreal's capacity above 3 million teu
  • New marine insurer launches on fixed price pledge
  • Container spot rates on Asia-Europe trade rise almost 80%

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The Loadstarweb site
JULY 1, 2016
  • Smoother sailing for container lines, but bad news for shippers as peak season rates rocket
  • Shock as Olivier Bijaoui quits WFS just a year on from Platinum deal
  • Shippers get smart as use of container tracking devices on a per-trip basis soars
  • Brexit and shipping: the FAQs
  • Cosco Greece labels Piraeus port sale terms inconsistent
  • HNA's Spanish troubles a lesson for all Chinese firms going global
  • Mallory Alexander appoints Claudio Onoforio to global business development role

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World Wide Shipperweb site
JULY 1, 2016
  • PenAir to begin flights from Portland to Klamath Falls
  • Diana Shipping Oks charter of Ice Class Panamax vessel
  • Department of Homeland Security awards $275 million in preparedness grants
  • Senate confirms three nominees to Federal Maritime Commission posts
  • General Dynamics NASSCO nets Navy fleet oiler contract

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Lloyd's Listweb site
JULY 1, 2016
  • Scorpio Tankers buys low
    Latest stock repurchases at historically low levels
  • Box weighing takes off with little drama
    Update: Some issues reported in Asia export hubs, smooth introduction at others, no early disruption in the US
  • Teekay Group leaves dividends unchanged
    Dividends remain stable as group taps debt and capital markets to fund fleet growth
  • New Colombian port ships first boxes
    Full operations scheduled by end of year, including oil and products
  • Gorgon LNG cargo on track despite gas leak, Chevron says
    Workers in the area are evacuated as Marib Spirit arrives to load cargo
  • Ethane is huge opportunity, says Navigator Gas
    Ships required to carry ethane but owners need to be prudent
  • HSH Nordbank offloads $5.6bn of bad shipping debt on taxpayers
    Further disposals on market due for 2017
  • BP bucks trend with new LNG final investment decision
    Indonesia project construction to begin after contract awards in third quarter 2016
  • Capes regain optimism
    Spot rates surge to more than five-week high with gains in all major trades
  • Lloyd's in talks to maintain EU licences on Brexit
    Corporation says 4% of premium at risk from exit
  • LNG shipping alters its focus on raising cash
    Financing takes on a new shape as the industry transforms, Informa's LNG shipping conference is told
  • Yard Talk | Global price wars loom
    Brexit could bolster hungry Chinese yards' competitiveness by weakening the yuan
  • Norden's head of dry cargo resigns
    Update: Ejner Bonderup to become chief executive of XO Shipping
  • Product tankers must lock in time charters before rates collapse, says BIMCO analyst
    Fleet growth and deceleration in product stock building are weighing on rates
  • IACS names Sun Licheng as chairman
    Dr Sun is the chairman and president of the China Classification Society.
  • Sinotrans & CSC teams up with Ezion to tap China's offshore windpower market
    Chinese power giant China Huadian Corp to support joint venture's projects
  • Brightoil Petroleum unit terminates purchase of 10 bunker barges
    Brightoil will buy additional bunker barges at a more moderate pace
  • Gener8 Maritime secures financing for two more VLCCs
    US-listed Gener8 amends existing loan facility to fund its newbuilding programme in China

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The Journal of Commerceweb site
JULY 1, 2016
  • Can technology, partnerships keep small LTL truckers rolling?
  • Oakland fee to pay for night gates wins acceptance
  • US exporters sail through first day of new SOLAS rule
  • Global SOLAS disruption minimal, but shipper frustration over fees intensifies
  • New Brazil government hungry for infrastructure investment
  • Eastbound trans-Pacific spot rates jump at highest clip in months
  • European rail operators target port connections to regain market share
  • No SOLAS disruption reported at major European ports
  • India rolls out SOLAS without trouble
  • E-commerce drives growth in distribution center rents
  • Asia-Europe spot rates soar as GRIs take hold

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TradeWindsweb site
JULY 1, 2016
  • APM gets full control of Aarhus port
    Lehmann family presence in Danish industry ends with the disposal of its 40% stake to Maersk Group.
  • Kidnapped tug crew safe
    Indonesian men being held in the Philippines after latest pirate attack.
  • Shipping stocks avoid Brexit bloodbath
    DryShips hardest hit in days since referendum but overall damage has been relatively minor, figures show.
  • Geden in Trafigura charter dispute
    Commodity giant could stop paying Turkish chemical tanker owner due to outstanding debt.
  • Creditors call for DSME/Samsung merger
    Bank official cited as saying big three must become big two to resist crisis.
  • DNB Markets boosts Golar LNG rating
    Analysts upgrade company to buy following formation of Golar Power.
  • Indian court okays GOL assets sale again
    DVB Bank gets second order to dispose of six anchor-handlers in order to recover unpaid dues.
  • Fesco boxship held in Hong Kong
    Russian owner's vessel found to have fire door modified by crew.
  • Russian maritime agency sues USC yard group
    Law suit launched over delays to icebreaker Victor Chernomyrdin.
  • Fesco boxship held in Kong Kong
    Russian owner's vessel found to have fire door modified by crew.
  • Libya holds tanker in smuggling probe
    Nigeria's Temeteron detained off Zawia with diesel cargo.
  • UK Club: kidnappers more sophisticated
    Insurer sees rise of kidnap activity in the Gulf of Guinea and notes it will not disappear soon.
  • Euronav in post-Brexit vote buyback
    Tanker owner moves on falling share price following referendum outcome to top up on stock.
  • Siem wins long-term Canadian contracts
    ExxonMobil hires two ships owned by Oslo-listed company for the Sable project off Nova Scotia.
  • Hellenic Carriers offer declared unconditional
    Faith Holdings wins 70% backing for buy-out of delisting Greek owner.
  • Big Korean yards to miss out on state aid?
    $650m emergency fund could bypass HHI, Samsung and DSME unless unions accept restructuring plans.
  • EU probes grant linked to CAMED yard
    Commission investigates whether $49m awarded to Port of Naples breached aid rules.
  • SCF bags Prisco tanker fleet
    Russian state owner nets nine ice-class ships from bankrupt compatriot in auction.
  • Subsea 7 snaps up more bonds
    Norwegian owner's buyback hits $234m with latest deal.
  • Panamax boxship demolition levels triple in 2016
    But shipping association Bimco says that "more needs to be done to lift the charter market".
  • Ezion proposes heavily discounted rights issue
    Singapore-listed company says proceeds used to upgrade fleet and boost operational flexibility.
  • Sinotrans & CSC enters offshore wind market
    Chinese shipowner teams with Singapore company to target turbine installation market.
  • Singapore's Universal Terminal seals five year loan
    Proceeds to contribute towards acquisition of a terminal from its parent company.
  • Aberdeen Asset Management trims Keppel stake
    UK investment firm ceases to be a substantial shareholder in Singapore-listed shipyard group.

news on subscription
American Shipperweb site
JULY 1, 2016
  • Former Maryland congresswoman says health has improved
  • Drewry: Container carrier service reliability reaches six-month high
  • Global Shippers' Forum complains of 'unjustified VGM charges'
  • APMT to acquire full ownership of terminal in Aarhus
  • 3PLs say they are ready to handle VGM filings for shippers

news on subscription
The Bunker Bulletinweb site
JULY 1, 2016
  • Hong Kong to align with China's marine fuel sulfur emissions control plan: report
    Starting January 1, 2019.
  • FACTBOX: Asia Q3 oil products outlook and factors to watch
  • OIL Q2: Rotterdam sets the tone as volatile crude leads to mixed trends in bunker markets
  • Singapore Q3/Q4 HSFO market structure strengthens to 15-month high on lower supply
    On expectations of lower-than-average volumes of western arbitrage FO.
  • S Korea bunker fuel May consumption rose 45% on year to 3.4 m barrels
    Stronger demand for power generation, and lower prices.
  • Two-day crude rally halted with focus on fundamentals
    Prompt NYMEX crude had gained $3.55 in the previous two trading sessions
  • US DATA: EIA says residual fuel oil exports to Panama in April drop to nearly six-year low
    Compared with March, US exports of that product fell 66% from 406,000 barrels, EIA data showed.

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