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02 April 2020 The on-line newspaper devoted to the world of transports 05:59 GMT+2




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Sched Netweb site
MAY 6, 2016
  • CMA CGM levies 2-way rate hikes between Mediterranean and Asian ports
  • Maersk Group profit falls 86pc to US$224 million, revenue slips 19pc
  • US port results hit by comparison with 2015 west coast labour strife
  • Swire's Hobart to Sydney/Brisbane runs 33pc empty, hopes pinned on pulp
  • Fesco 2015 profit falls 36.5pc to US$188 million as revenues drop 38.5pc
  • Italy's La Spezia port brass to visit Ningbo, Qingdao, Seoul to foster trade
  • Four port operators make finals to run Panama's new Corozal terminal
  • Dredging work off Hong Kong Coliseum, Hung Hom to take 13 weeks
  • Panama's emission reduction cited at UN's marine environment session
  • Canada-US east coast ports ready to gain from bigger Panama Canal
  • Canadian waters safer but more research needed into risks: report
  • King Abdullah port pushes ahead with berths to attract cargo
  • 2,000 American DHL freighter pilots hold strike vote over next 10 days
  • Qantas ups freighter fleet on winning Australia Post e-commerce deal
  • 184 slaughter-ready cattle flown from Melbourne to Zhengzhou
  • Air Canada, Cargojet to launch freighter from DFW Airport to Mexico City

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Exim Indiaweb site
MAY 5, 2016
  • Freight rate decline impacts Maersk Line profit, but volumes increase
  • Govt focused on facilitating shipping & shipbuilding
  • Need for balanced update of York Antwerp Rules stressed
  • NMPT commissions 350 KW rooftop solar power system
  • Rail containerised movement of grains being closely monitored
  • At an average of 7.5 pc, India is truly a bright spot in the global economy
  • Govt plans to further reduce coal imports
  • India's ratification of WTO Trade Facilitation Agreement to boost ease of doing business

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International Transport Journalweb site
MAY 6, 2016
  • New groupings
  • New lease agreement signed
  • New generation curtain-sided container is tougher
  • First Latam aircraft with new livery flies Olympic flame
  • Fresh guidelines for safer level crossings
  • Matsuya covers Japan for Roll Dock Shipping
  • Etihad developing cargo traffic at Parma airport
  • Sassnitz ferry port under Mukran Port umbrella
  • Celebrating the birthday of the container
  • Arkas enlarges fleet and amends services
  • Working from Hungary instead of Poland
  • New custodian for Air France-KLM
  • 190 t of icy air cargo carried by Volga-Dnepr
  • Maersk Line starts year in rough waters
  • Pilot phase at five sites in Germany
  • Monica Mondardini presiding over Rome airports
  • Next new Somon Air destination
  • Cool and conspicuous trailers for Gustke

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IHS Maritimeweb site
MAY 5, 2016
  • Industry meets to finally agree 'general average' rules
  • Focus on gateway cargo and diversified portfolio pay dividends for DP World
  • Bureau Veritas diversifies further via TMC Marine takeover
  • Singapore's lubricants market boosted by Lukoil expansion
  • More ships sold for scrap ahead of South Asian budget discussions
  • Three Zhoushan yards file for bankruptcy
  • South Korean province holds urgent meeting to salvage mid-tier shipyards
  • Pan Ocean resumes South East Asia container services
  • Revenue rise can't stop sharp first quarter drop in FSL Trust profit
  • Business diversification sees POSH and Sembcorp Industries book first quarter profits
  • Precious Shipping cancels newbuilding orders at Sanfu
  • Woodside clinches Timor Sea venture sale, but faces court action and falling revenue

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The Loadstarweb site
MAY 5, 2016
  • Atlas Air secures 20-aircraft deal and ownership tie-up with Amazon - but what of DHL?
  • Acquisitions accelerate XPO Logistics into the fast lane as revenues rocket
  • Saudia confirms Virgin partnership in the US, and eyes an air cargo boost in Asia
  • Tough first quarter for Expeditors - customers cautious with their logistics dollars
  • Comment: just wondering, would APMM consider a future without a container line?
  • Contship Italia's highly regarded vice-president, Marco Simonetti, dies after short illness

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Marine Logweb site
MAY 5, 2016
  • SENER to add Virtual Reality solution to FORAN
  • Huntington Ingalls earnings beat analysts' estimates
  • ABS Group certification services for giant wind farm
  • Webb Institute fund raiser reaches milestone
  • Austal wins 19 vessel Pacific Patrol Boat contract

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World Wide Shipperweb site
MAY 5, 2016
  • Drewry Dry Bulk Forecaster predicts drop in freight rates
  • Diana Shipping Oks charter for Panamax dry bulk vessel
  • Mitsui takes delivery of new LNG carrier
  • Jensen Maritime designs high performance tractor tug
  • US rail freight traffic totals down during month, week

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Lloyd's Listweb site
MAY 5, 2016
  • MR tanker rates supported by diesel flows but LR still lacklustre
    Attention drawn to looming gasoline glut amid signs of slowing demand
  • Class action suits filed with FMC against car carriers
    Initial FMC decision is expected by April 2017
  • US Gulf premium props up VLGCs
    Voyages out of US Gulf keep market steady
  • Matson profit dips in first quarter as China trade deteriorates
    With underlying market rates in the transpacific trade at historic lows amid chronic overcapacity, carrier expects challenging times ahead
  • Suezmax and aframax tanker rates slide further in quiet trading
    Sentiment dampened by refinery maintenance in Asia
  • Chartering rush pushes VLCC earnings up $11,000
    There are signs the spot market is coming back, says DHT Holdings
  • Panamax pain persists
    News of further panamaxes being pulled from services transiting the Panama Canal spells trouble for the segment's owners
  • Automation arrives by stealth on US west coast
    Acutely aware of union ambivalence, terminal operators in the US are treading very carefully as they modernise cargo-handling processes
  • Shipowners urge Brussels to acknowledge progress at Indian recycling yards
    Overly stringent regulations could deter early adopters of sustainable ship recycling practices, warns Ecsa
  • Ardmore first-quarter revenues boosted by fleet additions
    Company forecasts average charter rates to remain robust on the back of growing product tanker demand in the longer term
  • Risk and reward: deciphering emerging markets for shipping
    Macroeconomic forecasts point to a diverse future for emerging economies. This could have huge potential for a well-positioned shipping company
  • Can Africa reach its LNG export potential?
    Project developers face difficulty reaching final investment decisions amid low gas prices
  • India's maritime dream
    The Modi government is making a strong push for the renewed Sagarmala project
  • Kalmar wins Tanjung Pelepas crane upgrade deal
    Contract is Cargotec unit's largest upgrade project to date
  • FSL Trust first-quarter net profit weighed by vessel disposal loss
    Trust expects robust charter book and diversified fleet to help it weather challenging conditions
  • Offshore accommodation segment supports POSH first-quarter revenue
    Strong contributions from offshore accommodation segment helped offset declines in other business segments
  • Diana Shipping charters out panamax bulk vessel at lower rate
    Employment expected to bring in around $1.8m in gross revenue for minimum charter period
  • Danaos boosts profits as last interest swaps expire
    Boxship owner cannot speculate about result of Hyundai and Hanjin talks

news on subscription
The Journal of Commerceweb site
MAY 5, 2016
  • Contship Italia mourns death of vice-president Marco Simonetti
  • Savannah takes unique approach to help shippers weigh containers
  • Mobile tech to help secure high-value shipments
  • North America intermodal forecast gives rails hope
  • UK increases SOLAS scrutiny of exporters
  • Amazon speeds up fulfillment, looking more like logistics company
  • Matson cuts forecast, cites 'challenging' China market
  • Panama Canal narrows field of bidders for new container terminal
  • Baltimore port hopes rail fix will improve access to Midwest
  • US truckload carriers struggle to cut capacity
  • LA keeps title as top North America port, despite traffic dip
  • Southern California ports' exports volume slumped in 2015
  • Savannah charts healthy growth in North America import TEUs
  • Pan Ocean re-enters Southeast Asia container trades
  • Cochin charts growth with focus on efficiency
  • Air cargo feels the downside of a 2015 first-quarter high

news on subscription
TradeWindsweb site
MAY 5, 2016
  • Indian refinery outage to aid LPG imports
    But with more ships on time charter, importers may not need spot fixtures.
  • Niels Johnsen retires; Erik Johnsen rises
    New York-listed shipowner changes leadership after reporting wider loss.
  • Ridgebury Tankers puts on 'buyer' hat
    Bob Burke-led company's move on DHT suezmax shows it has set aside serious efforts to sell own tanker fleet based on low valuations.
  • VLCC rates bounce after charter rush
    Capital Maritime tanker finds higher rate from West Africa to India as average TCE gains 40% so far this week.
  • Analysts mull Ardmore Shipping firepower
    New York-listed owner well placed for growth after strengthening balance sheet.
  • Winson Shipping tipped for VLCC debut
    Taiwanese owner said to have snapped up its first VL.
  • Harkand goes into administration with loss of 170 jobs
    Deloitte called in at subsea player European business in offshore slump.
  • Pool supervision needed after cruise death
    UK accident report says risk assessments can help prevent another drowning.
  • Svitzer sees first-quarter profit drop
    Maersk's tug subsidiary opens shop in new markets after salvage spin-off.
  • ITIC: get transhipment paperwork right
    Insurer highlights cases of fines imposed after agents failed to declare cargo.
  • Thenamaris tanker pair not yet sold
    Greek owner yet to end tanker sales drought with one possibly on the way out soon.
  • Tankers propel Great Eastern earnings
    Rates for crude vessels help increase profit at Indian owner.
  • FSL sets sights on refinancing in 2016
    Chief executive says discussions with banks have started; very satisfied with first quarter results.
  • HHI to offer workers voluntary retirement
    South Korean shipbuilder plans to lay off another 3,000 employees, according to local media.
  • Bahri nets $186.7m loan for VLCC trio
    Saudi Arabian owner locks in second loan in a couple of months.
  • Swire's Tasmanian run fills a third of capacity
    New service to Sydney and Brisbane eyeing woodchip exports to boost volumes.
  • Vard Promar posts $172m loss for 2015
    Brazilian joint venture shipyard saw deficit treble last year.
  • Samsung Heavy 'asked to submit restructuring plan'
    Korea Development Bank wants shipbuilder to devise self-help measures.
  • 'Abandoned' tanker washes up in Liberia
    Crew reportedly missing after Tamaya 1 grounds at Robertsport.
  • FSL Trust sees Q1 profit cut in half
    Singapore-listed business trust hurt by sale of pair of elderly containerships in February.
  • Tanjung Pelepas to increase STS crane capacities
    Finnish manufacturer says Malaysian deal represents its largest ever crane upgrade contract.
  • Perdana raises MYR 635m from sukuk bond
    Malaysian vessel operator says funds will go towards refinancing of outstanding borrowings.
  • Danaos profit rises as debt costs drop
    Boxship owner says customers may renegotiate charters this year.

news on subscription
American Shipperweb site
MAY 5, 2016
  • GPA to offer free container weighing service at Savannah
  • Amazon taps Atlas Air for airfreight services
  • Port Hueneme expands shore power capacity
  • Roadrunner's Q1 earnings fall short of expectations
  • Executive Moves: d'Amico International Shipping, Holland & Knight and NRF
  • LeanLogistics had eye on future
  • Railroad prices continue to rise even as volumes falter
  • Maersk CEO: Oil price risks could force deeper cost cuts
  • Carriers count on Qatar to deliver cleaner marine fuels
  • AAR: U.S. freight rail traffic continues to decline
  • Port of Vancouver, Wash. CEO steps down
  • FTR: Class 8 orders fall for fourth straight month
  • TNT looks to sell overnight distribution subsidiary
  • Matson Q1 profits shrink 27.6% on weak demand for Chinese cargo

news on subscription
The Bunker Bulletinweb site
MAY 5, 2016
  • Libya's eastern NOC prevents new tanker from loading at Hariga port
    Workers at the port ordered not to load the Maltese-flagged Seachance, a 107,081 dwt tanker.
  • Aframax rates in Caribbean drop more than 16% in one day
    Several factors led to the decline.
  • West African port to get new MGO storage capacity
    Project to complete early next year.
  • TENDER DATA: Tasweeq offers straight-run fuel oil, decant oil for Jul 2016-Jun 2017
  • Arrested vessel carrying fuel oil discharges cargo at Singapore's Vopak Sebarok terminal
    Wider issue surrounding arrests yet to be resolved, said legal sources.
  • US DATA: EIA says US, Gulf Coast ULSD stocks fall on declining production
    Total US stocks of ULSD fell 768,000 barrels to 138.43 million barrels in the week ended April 29, EIA data showed. US stocks are now at their lowest point since mid-February.
  • Crude futures lose Alberta wild fire momentum following US inventory data
    Crude futures bounced on the news of supply cuts, but the oil complex deflated after the EIA released its weekly inventory data at 10:30 am EDT (1430 GMT). US crude stocks rose in the week ended April 29 despite another decline in US production and an increase in refinery throughput.




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