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10 December 2018 The on-line newspaper devoted to the world of transports 04:51 GMT+1




free news
Sched Netweb site
AUGUST 4, 2016
  • US trade rep warns China would receive 'keys to castle' if TPP axed
  • Pacific Northwest ramps up to handle alliance-operated mega-ships
  • China-UK trade 'firm, robust' post Brexit: official state media
  • China's Zhonggu Shipping sets up financial leasing unit
  • Calais migrants set trucks ablaze to make them more boardable
  • Lightweight Containers to open one-way keg production in Germany
  • Expert warns Canadian tax could ignite trade war with US and China
  • Freightos' online-marketplace for freight pricing goes global
  • Russia's AirBridgeCargo executive president Denis Ilin steps down
  • Malaysia Airlines orders 25 Boeing 737 Max jets with options for 25 more
  • DHL expands footprint in Chicago by opening a new service centre
  • Cold storage facility approved for Kabul airport within customs house

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Exim Indiaweb site
AUGUST 3, 2016
  • 'Allcargo Champions League' concludes on a high note
  • SCI signs wide-ranging MoU with govt of India
  • Tanker freight rates expected to see variance
  • Commodity imports fall in 2015-16 as govt focuses on manufacturing
  • Fall in seafood exports after a long gap
  • Indian Private Ports & Terminals Association elects new Board members
  • "Ease of Doing Business in India" in establishing public-private & special warehouses

free news
IHS Maritimeweb site
AUGUST 3, 2016
  • Hydrographics: multi-beam vs sidescan - the pros and cons
  • SGX poised to offer USD100 million for Baltic Exchange - report
  • Offshore vessel market is bottoming out, says Bourbon
  • HMM issues USD174 million bonds to banks
  • Chinese shipbuilder Guoyu in bond payment warning
  • Ulsan port takes first steps towards LNG bunkering

free news
The Loadstarweb site
AUGUST 3, 2016
  • In a sinking market, has the last ultra-large containership been ordered?
  • Turnaround success story as DP-DHL posts record second-quarter results
  • Expeditors 'a takeover target' as results and revenue prospects disappoint
  • Trucking too complex to be 'Uber-ised', claims new report
  • US Customs delays air cargo security rule-making for one more year
  • Emirates aircraft 'explodes' on touchdown at Dubai

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Marine Logweb site
AUGUST 3, 2016
  • Bollinger Shipyards marks safety milestones
  • Blount delivers tour boat to Shoreline Sightseeing
  • LM 2500 Module Modernization Program now underway
  • Kamat introduces Ship Hull Crawler
  • NASSCO lays keel for Navy's second ESB
  • BMT Nigel Gee to design LNG fueled Doeksen duo
  • GAO reports on waterways fuel tax complianc

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World Wide Shipperweb site
AUGUST 3, 2016
  • Corps of Engineers seeks comment on Seattle Harbor navigation project
  • TOTE joining INTERSHIP in Puerto Rico joint venture
  • Expanded Panama Canal sees 69 transits since opening
  • Federal Maritime Commission adds new eAgreements system
  • APL expanding WC5 service calling Los Angeles/LAmerica

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Lloyd's Listweb site
AUGUST 3, 2016
  • Safe Bulkers finds outside investor for newbuild kamsarmax
    Equity funding of $16.9m for 2018 delivery will pay preferred dividend of less than 3%
  • Libya's crude oil exports may take time to rise
    Despite an order to reopen three more terminals in the North African country, repairs may delay the flow of cargoes
  • Oversupply pushes panamax bulker earnings to five-week low
    Few bright spots across continents as owners rush to find cover
  • GSF announces plan to end container surcharges by 2020
    Cargo owners aim to stop poorly explained charges out of proportion to services provided
  • Almi orders VLCC brace at Hyundai Samho
    Owner maintains ordering of large tankers generally 'not recommended'
  • View from the Bridge: Consolidation is what we have been waiting for
    Westports chief executive Ruben Emir Gnanalingam expects container shipping supply and demand to return to balance within five years
  • Rio Tinto to expand Pilbara iron ore mine
    Completion of development at Silvergrass will bring online another 10m tonnes per year starting from end-2017
  • Boxship orderbook ratio slumps to new low
    Overcapacity sees new orders fall and deliveries slide
  • Royal Caribbean posts 25% rise in adjusted net income on lower fuel costs
    Bunkers bills for the second quarter came to $176.6m versus $202.6m in the 2015 quarter
  • Golden Ocean hires chief commercial officer
    Role will be based in Singapore starting in November
  • South Korean vessel orders to drop 92% in 2016, says KDB
    Policy bank foresees bleak year for shipping industry
  • N-KOM to be preferred yard for Samos Steamship in Middle East
    New fleet agreement means N-KOM will handle repairs for all Samos Steamship's vessels
  • Courage Marine switches to secondary listing status in Singapore
    Conversion will not affect company's primary listing status in Hong Kong
  • CSIC Ltd to scrap investment in coal mine technology
    Remaining funds allocated to project will be used to replenish working capital
  • Matson reports in-line quarterly profit as Hawaii box volumes grow
    US carrier expects to close Span Alaska acquisition in early August
  • Gulf Navigation posts 43% rise in net profit for first half of 2016
    But company's liabilities remain a cause for concern
  • Damen Shipyards sets up shop in North America
    Houston-based office to handle four-tug order from Young Brothers
  • Hanjin Shipping creditors set to grant restructuring extension
    Banks want South Korean carrier to secure most of its needed liquidity by itself

news on subscription
The Journal of Commerceweb site
AUGUST 3, 2016
  • Cost controls, e-commerce power XPO to profit
  • US shippers still grappling with ACE growing pains
  • Major US port funding bill may miss 2016 sailing
  • Truck maker, tech startup partner to build shipping platform
  • Matson says its premium China rates endure in soft market
  • Cargo revenue nosedives at All Nippon Airways parent company
  • APMT to pay millions to keep Guatemala concession
  • Krishnapatnam Port emerges as Chennai alternative
  • E-commerce delivers DHL record second quarter
  • Liner discipline brings ship order-to-fleet ratio to lowest since 1999

news on subscription
TradeWindsweb site
AUGUST 3, 2016
  • Euroseas in legal fight after newbuild axed
    New York-listed shipowner bins ultramax bulker because of excessive delays and brings flexibility to kamsarmax unit.
  • Busch bullish after Navig8 Product slump
    Finance costs eat into bottom line at Oslo OTC-listed tanker owner, despite revenue surge.
  • Milaha profit slips amid revenue slump
    Offshore, general cargo and ro-ro declines for Qatari shipowner, but gas revenue jumps.
  • Navig8 Product suffers slump in profit
    Finance costs eat into bottom line at Oslo OTC-listed tanker owner, despite revenue surge.
  • VLCCs on TD3 shed at least $1,000 in one day
    Latest fixtures from Middle East show day rate has fallen to as low as WS 31 for trade to Asia.
  • Rio Tinto: China's iron imports grow 9%
    China needed kickstart in first half for growth; long-term outlook remains muted.
  • 'Several' yards mulled for Matson order
    US containership owner's chief executive confirms it's looking at more than Philly Shipyard; duo to cost more than $418m.
  • Safe Bulkers lands fresh equity financing
    Unaffiliated investor agrees to provide $16.9m for kamsarmax newbuilding in exchange for 2.95% dividend.
  • Keppel Corp refutes bribery reports
    Singaporean shipbuilder says its top executives have never authorized illegal payments.
  • SCI outlines growth plans to government
    Second-hand purchases, coastwise sectors and management services among SCI's plans.
  • Damen starts US branch with new order
    Shipbuilder inaugurates its Houston office with fresh contract signed with Foss Maritime.
  • Otto takes legal action against Knutzen's firm
    Singaporean company seeks $2.8m from Robert Knutzen-controlled company over unpaid charters.
  • July a busy month for Tallink
    Estonian ro-pax owner reports increase in both passenger and cargo.
  • China's iron imports grow 9%: Rio Tinto
    China needed kickstart in first half for growth; long-term outlook remains muted.
  • Keppel execs allegedly backed bribes
    Testimony from a middle man involves shipbuilder's top managers but the company refutes it.
  • Bond plan batters Hyundai Merchant stock
    Shares suffer largest decline since 1990s after latest fundraiser revealed.
  • Matson set for 'significant cash flow'
    Shipowner's second quarter numbers line up with Wall Street bets as chief executive voices positive view.
  • Bourbon continues to see weak start to 2016
    But French offshore shipowner says markets may have reached their bottom and should start to improve.
  • DBS gave Swiber cash just weeks before collapse
    Singapore's largest bank made loans in June and July which were used to redeem maturing bonds.

news on subscription
American Shipperweb site
AUGUST 3, 2016
  • OmniTRAX launches Central Texas & Colorado River Railway
    A managed affiliate of OmniTRAX, Inc. this week began operating the Central Texas & Colorado River Railway, the company said in a state...
  • World ACD: Global airfreight market ticks up in June
    Global airfreight volumes increased 2.7 percent in June 2016 compared with the same 2015 period, according to the latest figures from indus...
  • U.S. Silica Holdings to buy Sandbox Enterprises for $218.3m
    U.S. Silica Holdings, Inc. said it will acquire Sandbox Enterprises in a cash and stock deal worth $218.3 million. Sandbox provides innova...
  • BNSF, Port of Los Angeles appeal court decision that rejects proposed $500m rail yard
    Burlington Northern Santa Fe Railway (BNSF) is appealing the ruling in the lawsuit challenging an environmental impact statement for a $500...
  • CenterPoint develops distribution center in Arizona
    CenterPoint Properties developed a distribution center in Goodyear, Ariz. for Michael Lewis Co., a leader in supply chain managementand ser...
  • Deutsche Post Q2, first half profits surge despite slipping revenues
    Deutsche Post DHL Group saw consolidated net profits in thesecond quarter 2016 surge 66 percent to 541 million euros (U.S. $604.2 million) ...
  • SGX nears formal offer for Baltic Exchange
    The Singapore Exchange Ltd. (SGX) will make a formal offer to purchase London's Baltic Exchange by the middle of this month, two people inv...
  • NACPC launches cooperative chassis pool in Savannah
    The North American Chassis Pool Cooperative (NACPC) has partnered with Consolidated Chassis Management (CCM) to launch a new cooperative ch...
  • G&W earnings, revenues drop in Q2 2016
    Genesee & Wyoming Inc.'s earnings in the second quarter of 2016 slipped 8.3 percent to $48.4 million compared with the same 2015 period...
  • Expeditors delivers Q2 earnings beat despite 'sluggish' market
    Expeditors International of Washington, Inc. saw its net earnings attributable to shareholders for the second quarter of 2016 slip 1 percen...
  • BDP offers retail-oriented execution web apps
    The third-party logistics services provider BDP International said this week it has begun creating vertical-specific carve-outs of its tech...
  • Carmichael International expands to Charlotte
    Carmichael International Service, a customs broker and division of APL Logistics, has opened a new office in Charlotte, N.C. "We believe C...
  • Executive Moves: UP, Aljex, CentrePort Canada and Allen Lund Co.
    Union Pacific has named John Kaiser vice president of strategic planning. He has been vice president and general manager for intermodal si...
  • Port Tampa Bay renews contract with Ports America
    Port Tampa Bay signed a long-term contract renewal with Ports America last month to operate its container terminal through 2046, as well as...
  • Port of Seattle, Army Corps agree on tentative dredging plan
    The Port of Seattle and the Army Corps of Engineers have agreed on a tentative plan to deepen the waterways at the mouth of the Duwamish Ri...
  • Danaos sees net income surge, revenues slip
    Danaos Corp. posted a net income of $44.6 million for the second quarter of 2016, a 17.3 percent year-over-year increase, according to the ...
  • WCMTOA postpones chassis fee
    Chassis lessors will be subject to a new $5 per chassis fee imposed by container terminals at the ports of Los Angeles and Long Beach start...
  • Libyan stowaway caught at Port of Baltimore
    A Libyan national is under the custody of U.S. Immigration and Customs Enforcement (ICE)after being caught April 29 as a stowaway on a carg...
  • WTO's Trade Facilitation Agreement gains two members
    The World Trade Organization (WTO) said Peru and Saudi Arabia have become the latest members to ratify the global trade body's Trade Facili...
  • TOTE establishes joint venture with INTERSHIP
    TOTE Maritime Puerto Rico established a partnership with International Shipping Agency, Inc. (INTERSHIP) to form a terminal operating compa...
  • Executive Moves: England Logistics and Tatham Macinnes
    England Logistics has appointed Scott Hammond as business development manager for its new Atlanta office. Hammond joined the third-party lo...
  • Matson's Q2 profits soar 82%
    Honolulu-based liner carrier Matson, Inc. reported profits of$18.0 millionfor the second quarter of 2016 compared with $9.9 millionfor the ...




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