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05 December 2019 The on-line newspaper devoted to the world of transports 16:29 GMT+1




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Sched Netweb site
JUNE 8, 2016
  • OOCL suspends transpacific CC1 service for six weeks from June 19
  • Alphaliner: More capacity cuts on the way - it's the only thing that works
  • CMA CGM makes expected formal offer for all shares in Singapore's NOL
  • CMA CGM ups rate from Asia to Red Sea, then from N Europe to US/Canada
  • China vows to ignore Hague court's South China Sea judgment
  • Inexplicable delays mar Pakistan's first deepwater container terminal
  • Couple arrested in Los Angeles, Long Beach trucking insurance fraud case
  • Pirate attacks involving kidnapping up 119pc off Nigeria from January-April
  • INTTRA web app goes offline on weekend for maintenance
  • India and US mull pact to expand maritime cooperation next week
  • Maersk signs with Russia's RUSAL on moving 10,000 TEU a year
  • Black Sea box terminals handled 587,168 TEU in first quarter
  • Wal-Mart's in-house DC drones stands to cut headcount in warehousing
  • Shanghai Yigian Trading buys Germany's Frankfurt-Hahn as air cargo base
  • Atlanta-Doha flights boost Qatar's US cargo capacity to meet demand
  • US$15 million helicopters move through JAXPORT for refurbishing
  • DB Schenker opens first owned logistics centre in the Middle East
  • TIACA forms shipper advisory panel, improves advocacy knowledge bank

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Exim Indiaweb site
JUNE 7, 2016
  • CMMI organising seminar on implementing the mandatory SOLAS amendments for safe container transportation on June 16
  • Freight forwarders urged not to be complacent on SOLAS 'grace' period
  • Liberian Registry introduces cost-saving measures
  • MOL launches study to equip in-service vessels with SO2 scrubber system
  • Potassium Bromate - The Baker, Carrier & Safety
  • Singapore's Goodwood Ship Management launches new training centre & office in Mumbai
  • Tankers getting a fillip from Iranian oil
  • Dumping made difficult for chemical imported from China & Russia
  • Kandla Port presented Special Achievement Award for handling 100 mt in 2015-16
  • Paradip Port gets new CVO
  • Impact of the amended warehousing provisions assessed at awareness meet organised by MCCI & NACFS in Chennai
  • RBI keeps repo rate the same

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International Transport Journalweb site
JUNE 8, 2016
  • More storage space in Hamburg
  • Enhanced safety for fuel transport in Ireland
  • FFE's diamond cross for Karau
  • Virgin Atlantic and Delta go for "one roof" strategy
  • HHN's purchaser to revive freight business
  • Koper working on new rail infrastructure
  • US and Thai companies set up partnership
  • Physicist takes top slot at RLC Packaging Group
  • Breaking ground in Gelsenkirchen
  • New haulage contract for Polish freight railway
  • Agent in Argentina appointed
  • DHL India ushers in new CEO
  • Celebi handling SIA in Mumbai
  • Chancellor visiting Northern Ireland
  • Rail sections refurbished in Serbia
  • K Line sets up JV to participate in tender
  • Women helming CBFCA and NCBFAA
  • Qantas freighter serving DFW

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IHS Maritimeweb site
JUNE 7, 2016
  • P&I cover driving Iranian oil exports
  • Three Norwegian offshore groups unveil refinancing plans
  • Cemre shipyard wins Havyard designed MPV order
  • Swiber wins new contracts in Middle East and South East Asia
  • 'K' Line explains medium-term plan
  • Zhonggu Shipping orders four 2,500 teu ships from Jinling Shipyard
  • Insurance issues hamper Iran's slow return to LPG market
  • Wellington plans USD27.7 million dredging project
  • ICBC to set up Singapore ship leasing, project financing centre
  • Southeast Asian infrastructure benefits heavily from One Belt One Road
  • World's largest oil tanker fleet gathered under new COSCOCS energy unit
  • DP World wins concession to develop new billion-dollar port in South America
  • Posidonia 2016: shipping magnates unbowed despite challenges
  • Paperless oil record book attempts to cut ship detentions
  • Posidonia 2016: Size of the Greek shipping fleet is no guarantee of strength

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The Loadstarweb site
JUNE 7, 2016
  • OOCL launches the first capacity cuts on the transpacific as freight rates sink to unsustainable levels
  • DP World unveils $1billion project to develop greenfield container port in Ecuador
  • Singamas warns investors it's in for a bumpy ride as demand for new containers slumps
  • A more comfortable berth for live lobsters
  • Wal-mart looks to warehouse drones to speed distribution
  • Cargo theft now a tougher nut to crack

free news
Marine Logweb site
JUNE 7, 2016
  • ABB introduces dedicated auxiliary engine turbocharger
  • Foss christens second Arctic Class tug
  • DNV GL to class Stena gas ready RoPax ferries
  • BAE San Diego awarded $53.4 million for DDG-59 SRA
  • Paris MOU plans crackdown on air pollution from ships
  • Project aims to bring LNG fueling into shipping mainstream
  • NTSB set to launch El Faro VDR recovery mission

free news
World Wide Shipperweb site
JUNE 7, 2016
  • Port of Tacoma files lawsuit against water use ballot initiatives
  • Contractor gives passing marks to new Panama Canal locks
  • General Dynamics NASSCO nets new Navy ESB-5 contract
  • The Northwest Seaport Alliance replaces 200th truck with ScRAPS 2
  • Port of Seattle names Jeffrey Brown as aviation facilities, capital programs boss

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Lloyd's Listweb site
JUNE 7, 2016
  • Do not drink and order
    Shipyards and brokers peddling fresh tonnage in Posidonia might well be disappointed, despite their spacious and well decorated stands in the exhibition halls
  • Technology is a tool, not the ultimate objective
    Future-gazing research projects have met reality, says DNV GL
  • Supramax market ebbs despite strong period activity
    Modern tonnage fixed at $7,000 per day on time charters
  • Trafigura profit dips but traded oil volumes hit record
    Charterer's record traded oil volumes reflect global oil glut
  • London Stock Exchange on the prowl for shipping listings
    London's second act based on the city's expertise in maritime services
  • Suezmax rates hold on to gains on West African exports
    But aframax rates at lowest since October 2014
  • DNV GL targets 20% Greek growth as shipbuilding slows
    Global newbuild orders to date in 2016 are down sharply at 300 vessels, says class society
  • Tankers: the battle to convince investors
    American Shipping Co and other tanker owners face an uphill battle, but might just win in the end
  • Time for banks to consider shipping technology investment
    IACS chairman Christopher Wiernicki says shipping's future lies in technology-driven efficiency and productivity
  • Greek PM opens Posidonia with plea for trust
    Shipping provides an example to follow for troubled country, says Alexis Tsipras
  • Bremer Landesbank facing hundreds of millions of dollars in shipping losses
    Rescue speculation mounts as bad loans to industry make huge dent in balance sheet
  • Suez Canal offers up to 65% discount for Asia-North America east coast carriers
    SCA ups the ante to ward off competition from its soon-to-be-enhanced Panamanian rival
  • Swiber clinches $215m worth of new projects in Middle East and Asia
    Middle East deal is group's first offshore construction project in the region
  • Survival of the fittest or survival of the 'fleetest'?
    Focus on size and industry consolidation steers passionate responses
  • Port Hedland's iron ore exports rise in May
    However, volumes to China drop 0.1% on year
  • Buy preferred shares, there are not many of them
    Investment in preferred shares beats long-term average returns
  • Gleeson resignation: BW Group's management shake-up last year was catalyst
    Former BW Group CFO will probably turn up as chief executive of a much smaller company
  • North Atlantic Drilling extends standstill period for rig delivery with Jurong Shipyard
    Original standstill agreement inked in December 2015
  • What happens next?
    International shipping looks to Athens to answer its questions
  • DP World wins concession agreement for greenfield port in Ecuador
    Deepwater facility to serve Guayaquil city and Ecuador hinterland
  • Asia, Latin America to account for bulk of global port investment, says BMI Research
    New port projects will proliferate in emerging markets that are on strategic trade routes or close to growing consumer hubs
  • BW Group's Nicholas Gleeson resigns
    Chief financial officer previously held senior management positions at BW LPG and BW Gas
  • Gunvor, Oiltanking start new oil terminal in Indonesia
    Karimun terminal is latest in series of new oil storage terminals built around the oil trading hub of Singapore
  • NTSB to launch mission to retrieve El Faro data recorder
    US naval vessel to sail for wreckage site in early July
  • Berlian Laju Tankers gets more time to report first-quarter results
    Company will have until June 30, 2016, to come up with its financial statements for the previous quarter
  • ITIC launches cyber liability extension
    Professional indemnity members to be covered against hackers

news on subscription
The Journal of Commerceweb site
JUNE 7, 2016
  • US retailers plan to ramp up imports amid uneven volume patterns
  • Rates slip at Swift as truckload demand softens
  • Trucking company offers NY-NJ port shippers SOLAS weighing service
  • Panama Canal Authority reviewing completed new locks
  • CN CEO Mongeau to step down
  • Biggest Indian port one step closer to truck tolls
  • UASC chooses Inttra VGM platform
  • Chinese firm buys Frankfurt-Hahn airport, eyes freight market
  • Indian carriers join forces to tap coastal demand
  • China's Belt and Road drives Southeast Asia port development
  • New facility to boost auto vehicle volume through Baltimore port
  • DP World bets big on deep-water Ecuador port
  • US-Canada freight demand puts pressure on crossing points

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TradeWindsweb site
JUNE 7, 2016
  • Ardmore Shipping swoops for six MRs
    New York-listed shipowner preps share issue to fund $173m deal.
  • Suezmax spot rates in Posidonia plunge
    Average time-charter equivalent earnings falls 24% in one day amid quiet activity.
  • New line Victory born with Saint Laurent
    Cruiseship to become Victory I in Bruce Nierenberg's new cruise line.
  • Puerto Rico Jones Act exemption sought
    Shipbuilder outcry follows proposed amendment to extract troubled island from cabotage law.
  • Victory Cruise Lines born with Clipper ship
    Saint Laurent to become Victory I in Bruce Nierenberg's new cruise line.
  • Aiteo website ordered seized in ship fight
    Affiliate of Sea World Management files suit in US over charter dispute.
  • Ecuador to see new $1bn boxship port
    World's largest port operator to invest in new containership facility for regional trade.
  • Court clears STX restructuring bid
    Troubled shipyard to file rehabilitation plan by 9 September.
  • Uljanik seals order for two rail ferries
    Croatian shipbuilder signs deal with Kazakhstan for firm vessel, plus one option.
  • Greece discusses Ukrainian ferry route
    Ministers meet to talk about potential service to boost trade.
  • Buy now or buy later?
    Big names like Marinakis, Frangou and Rodgers split on whether to acquire cheap assets.
  • HSBC raises SITC target price
    Analyst believes Chinese boxship owner can make more money this year.
  • No more room to kick can, Deutsche says
    Klaus Stoltenberg warns German financiers will become more assertive.
  • Tidewater wins intervention work
    US offshore giant clinches subsea job in the Gulf of Mexico.
  • Stolt-Nielsen eyes bond issue
    Tanker owner looking to tap existing Norwegian notes for new debt sale.
  • DP World set to invest $1bn in Ecuador
    Dubai-based terminal owner wins 50-year concession agreement for Posorja port.
  • Trafigura earnings drop 10% in first half
    Charterer and shipowner took $80m impairment hit on Brazilian iron ore terminal investment.
  • Japan Marine United inks ro-ro order
    Japanese shipbuilder to hand over 10,000-gt vessel in 2018.
  • DSME asset sales 'delayed' to 2018
    Creditors say non-core disposals halted to achieve fair price in two years time.
  • North Atlantic Drilling secures extra rig delivery delay
    John Fredriksen-backed drilling company postpones delivery of semi-submersible until September.
  • Rokke moves in at Solstad Offshore
    Tycoon's Aker group investing $61m in new shares and convertible loan as offshore owner targets consolidation in slump.
  • Swiber in Middle East first as part of $215m contract haul
    Singapore offshore vessel operator has also fully redeemed a SGD130m bond due this month.
  • Zhonggu Shipping bolsters boxship order backlog
    Chinese owner adds newbuilds at Jinling Shipbuilding to those already on order at Shanghai Shipyard,
  • Nicholas Gleeson in sudden exit from BW Group
    Singapore shipowner losses second major executive in 2016 with sudden departure of CFO.
  • DOF unveils major refinancing package
    Norwegian shipowner plans rights issue, bond restructuring and cost cuts in bid for survival.

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American Shipperweb site
JUNE 7, 2016
  • Pasha leases 21 acres from Tradepoint Atlantic in Baltimore for automotive processing
  • Great Lakes iron ore volumes sink in May
  • JaxPort joins movement to weigh outbound containers
  • CAI International acquires truck broker

news on subscription
The Bunker Bulletinweb site
JUNE 7, 2016
  • UAE's DP World wins bid to build port in Posorja, Ecuador
    Construction is expected to start in the next six to nine months and take around 2 years to complete.
  • TENDER DATA: India's IOC offers 35,000 mt 380 CST HSFO for July 2-4
  • Shipping industry companies team up to design LNG-powered dry bulk carrier
    Designed for full-range operations.
  • Mumbai-Colombo 380 CST bunker fuel spread widens to 6-month high
    Pompt supply tightness in Mumbai.
  • TRADER NOTE: BW Group CFO Nicholas Gleeson resigns
    Gleeson had been with the company since May 2008.
  • MGO prices in Panama hit highest level since November on rise in ULSD
    MGO Balboa prices were assessed at $495/mt ex-wharf, the highest since November 11 when it was at $501/mt ex-wharf, S&P Global Platts data showed.
  • ICE Brent settles above $50/b on Nigeria attacks, US dollar slide
    NYMEX July crude settled $1.07 higher at $49.69/b. ICE August Brent settled up 91 cents at $50.55/b.
  • FEATURE: Last Med LSFO utility users seek new energy mix as EU rules near
    The three main European buyers of LSFO in the Med, Greece's Public Power Corporation (PPC), the Electricity Authority of Cyprus (EAC) and Malta's Enemalta, are facing the new Industrial Emissions Directive for combustion plants to be enforced by 2020.




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