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19 April 2019 The on-line newspaper devoted to the world of transports 04:22 GMT+2

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Sched Netweb site
AUGUST 8, 2016
  • A-E rate falls 23.5pc to US$861/TEU, drops 13.8pc to Med ports
  • Maersk drops 10 Chinese ports of call to focus on profitable ones
  • Hanjin gets month's reprieve to secure better terms on charter rates
  • Matson Q2 profit soars 81.8pc on last year's USWC labour strife
  • CMA CGM levies new Asia-Red Sea charges for Aug, Sept
  • Baltic Exchange seeks shareholders' support to accept SGX bid
  • MISC quarterly profit falls 25pc to US$123.8 million, revenue slips 8pc
  • XPO back in black, but Q2 sales slow to 202.9pc to US$3.7 billion
  • Maersk upgrades E-class containerships to boost capacity by 1,300 TEU
  • Drewry expects more mergers among container terminal operators
  • Yusen Logistics opens temp-control distribution hub in Phnom Penh
  • CO2, new ballast water rules top London's ICS September 7 agenda
  • London Maritime Salvage & Casualty Response meeting September 7-8
  • Budapest Airport posts 11.3pc air cargo growth, credits Qatar volume
  • New CargoCity User Committee established by Frankfurt's Fraport
  • Cargo traffic at Abu Dhabi International Airport falls 5.9pc in June
  • UK grants permission to Amazon to test delivery drones

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Exim Indiaweb site
AUGUST 7, 2016
  • Call to end surcharges
  • Charter rate recovery in major dry bulk shipping routes seen
  • Further steps being taken to complete SGX's acquisition of The Baltic Exchange
  • Legal Implications of a 'Sister Ship', 'Associate Ship' & 'One Ship Company'
  • Multifarious projects identified under Sagarmala's National Perspective Plan
  • Anti-dumping duty recommended on imported cold-rolled steel products
  • ...handles more than 5 lakh t in a single day
  • Antwerp Port Authority representatives to interact with trade in Chennai & Visakhapatnam next week
  • Chennai Port holds discussion on recent facilitative policies
  • Four new Major Ports on the anvil
  • Govt asks Major Ports to digitise land records
  • Kamarajar Port sets ambitious targets for 2016-17
  • Kandla Port registers 8 pc increase in throughput during April-July 2016-17
  • Vizag Port all set to handle Nepal cargo
  • GST seen benefiting logistics sector
  • Exporters seek easy GST compliance in enabling laws: EEPC
  • Forex reserves at record high
  • Govt taking initiatives to boost exports: Sitharaman
  • Plea to give taxation boost to SEZs
  • Procedure for exports through FPO, Delhi/Mumbai/Chennai using e-commerce platform under MEIS Scheme of Chapter 3 of Foreign Trade Policy (2015-20)

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IHS Maritimeweb site
AUGUST 5, 2016
  • Italy adopts new national port structure
  • RBS' shipping impairment provisions soar in a year
  • FSL Trust pares debt, stays profitable
  • Container rates resumed fall in June
  • Navig8 Product Tankers sells and leases back LR2 trio for USD118.8 million
  • Wilhelmsen warns of mounting uncertainties
  • Vard raises stake in Vard Promar through debt to equity conversion
  • Yangzijiang year-on-year quarterly profit falls
  • SCI augments fleet with VLCC and now has sights on second-hand Suezmax
  • SGX makes USD103.49 million bid for Baltic Exchange
  • Sainty Marine delays restructuring plan
  • Tianjin port's 1H16 cargo throughput surge 50%
  • China pushes hard for oil terminal contract at Japan-invested Mombasa
  • Shipments of iron ore out of the Pilbara still on the rise, but freight rates yet to follow
  • MISC profit belies pressure on LNG, tanker divisions

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The Loadstarweb site
AUGUST 5, 2016
  • Rough seas ahead as container shipping faces a peak season 'washout'
  • A turning point as XPO Logistics delivers first quarterly profits in five years
  • Bullish CEVA stems losses in H2 and says its turnaround is 'on track'
  • ASL 737F crashes onto road after overshooting Bergamo runway
  • Revealed - the first freighter in Amazon livery
  • DSV says it's ahead with UTi integration, boosting shares

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Marine Logweb site
AUGUST 5, 2016
  • Conrad to build crane barge for USACE
  • GAO urges delay in procurement of DDG 51 Flight III
  • Vard takes full control of Brazil shipyard
  • NTSB launches El Faro VDR recovery mission
  • Navy licenses Willard Marine 11 m RIB design

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World Wide Shipperweb site
AUGUST 5, 2016
  • Drewry Dry Bulk Forecaster predicts charter rate recovery
  • Crowley Maritime nets contract for containerized LNG shipments
  • Navy licenses Willard Marine to design new inflatable boat
  • Port of Port Angeles adding new marina reservation system
  • NASSCO holds ceremony to mark ESB vessel keel laying

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Lloyd's Listweb site
AUGUST 5, 2016
  • MSC Katie to slot into Jade service after Singapore collision
    Work to discharge containers from damaged MSC Alexandra to start within hours
  • Forwarders back shippers' call to end surcharges
    BIFA joins GSF in fight against additional fees
  • RBS admits shipping defaults in first half as losses top $2.6bn
    Other 'single-name driven events' in prospect, bank warns
  • Forwarding remains a tough space, admits DHL
    Improved margins in second quarter far below industry leaders
  • Cexim to give Cosco Shipping $4.2bn loan for 59 newbuildings
    Vessels include 10 valemaxes, nine VLCCs and 17 ultra large containerships
  • Rickmers Maritime posts wider loss, hit by non-cash impairment
    Trust pursues refinancing initiatives; expects 'stronger headwinds' as panamax redeliveries seen rising with the Panama Canal expansion
  • Asia-Europe carriers fail to sustain August GRIs
    Freight rates begin their inevitable declines in the fallout of latest price push
  • Trade volumes show volatile year
    Slight growth in container volumes not enough to lift rates
  • Seoul prosecutors summon DSME finance chief for questioning
    Kim Youl-jung called in over allegations of understating operating losses
  • Baltic Exchange LPG Index sinks to lowest since financial crisis
    Middle East cargoes compete with US VLGC shipments following Panama Canal expansion
  • Sainty Marine gets approval to delay restructuring draft plan submission date
    Chinese shipbuilder to become a finance and power company
  • Prolonged industry downturn weighs on Yangzijiang Shipbuilding result
    But group in July clinched orders for four 1,800 teu boxships with options for eight more of the same specifications
  • Eagle Bulk carries out reverse stock split
    Move to help company regain compliance with Nasdaq listing rules
  • Seaspan looking to raise $225m from public preferred share offering
    Proceeds to be used for general corporate purposes

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The Journal of Commerceweb site
AUGUST 5, 2016
  • Bidder pool for potential Rio transshipment hub shrinks
  • Trans-Pacific importers eye space as peak season capacity tightens
  • CEVA revenue, earnings fall despite air, ocean traffic growth
  • Asia-Europe spot rates dip down below $1,000 per TEU
  • Trucking resumes hiring, reversing five-month decline
  • DSV profit rises as it returns UTi to profitability
  • UK forwarders back shippers' global anti-surcharge campaign
  • Matson closes acquisition of Alaska logistics service provider

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TradeWindsweb site
AUGUST 5, 2016
  • Investor bets $4.9m on Seanergy Maritime
    Greek bulker owner raises cash from mystery firm in direct offering run by Maxim Group.
  • Tanker earnings slump to new 2016 lows
    Lack of cargoes, too many ships; the summer doldrums get uglier for crude tankers.
  • Relief in the tank: fuel prices prop TCEs
    MJLF says rise in oil prices could really bring out the bears for tanker market.
  • Navigators marine insurance profit sinks
    Stamford-based insurer's second-quarter marine underwriting profit slumps 6.5% in the US and 17.9% in its international business.
  • FSL still set on refinancing in 2016
    Chief executive explains trust wants to complete effort by the close of this year if possible.
  • Iberia downgrades 'most exposed' HOS
    Price target of $4 suggests offshore vessel owner's shares could have much more to fall.
  • Sluggish markets hurt Cosco Corp results
    Shipbuilder and bulker owner sees fivefold increase in second quarter net loss.
  • Rickmers Maritime continues bank talks
    Singapore-listed trust says discussions ongoing to ensure long-term solvency.
  • Dry bulk strife pushes up RBS provision
    State-backed lender carries £445m charge on its shipping book in the first half of 2016.
  • Photo shows damage to MSC Alexandra
    Twitter pictures show hull of MSC boxship after collision with VLCC off Singapore.
  • Effissimo increases holding in K Line
    Singapore-based investor brings its stake in Japanese owner to more than 37%.
  • Treasure adds shine to Wilhelmsen sums
    Oslo-listed shipowner sees gain from spin-off power second quarter profit; outlook weak.
  • Kyoei Tanker bounces back to profit
    Japanese tanker owner is back to black in the first quarter thanks to bigger revenue.
  • OOS International orders SSCVs in China
    Newbuildings set to be equipped with heavy lift cranes, with a dual lifting capacity of 4,400t.
  • Vard Holdings takes control at Brazilian shipyard
    Fincantieri-backed shipbuilder says all domestic newbuilding activities to be concentrated at Vard Promar.
  • Navig8 in sale and leaseback deal for LR2 trio
    Nicolas Busch-led shipowner says it is set to bank $118.8m from latest vessels transaction.
  • KPMG appointed interim judicial managers for Swiber
    Firm hopes to use oil and gas contacts to turn things around at bankrupt offshore vessel operator.
  • Seaspan targets $251m in preferred issue
    New York-listed containership owner prices new shares at $25 with slightly lower payout rate than last fundraiser.

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American Shipperweb site
AUGUST 5, 2016
  • APMT to pay $43.2m to settle Guatemalan corruption case
    APM Terminals has agreed to pay $43.2 million to settle a bribery case in Guatemala that could potentially have cost the company its operat...
  • Northwest Seaport Alliance makes headway since last year's integration
    The Northwest Seaport Alliance between the Port of Seattle and Port of Tacoma, which has put their seaport operations under single manageme...
  • CHAMP Cargosystems expands in Pakistan
    London-based information technology provider CHAMP Cargosystems said it has partnered with software development and management company Pent...
  • CEVA narrows EBIT loss in Q2 2016
    CEVA Holdings LLC posted a second quarter loss before interest and taxes (EBIT) of $34 million compared with a $51 million loss the previou...
  • DSV's profits skyrocket thanks to UTi acquisition in January
    Danish global transport and logistics provider DSV reported gross profits of 7.8 billion Danish krone (U.S. $1.2 billion) for the first hal...
  • Seafrigo expands into South Florida
    Seafrigo is expanding its global logistics services into the South Florida market with the opening of a new warehouse in Miami, the company...
  • Lufthansa Cargo posts fifth straight quarterly loss
    Lufthansa Cargo reported a net loss before interest and tax (EBIT) of 27 million euros in second quarter 2016 compared with a 68 million eu...
  • Commerce adds clarity to monitoring steel trade
    The U.S. Commerce Department will provide a new series of reports offering details into current steel trade flows from the world's top impo...
  • Crowley creates virtual LNG pipeline for customer in Puerto Rico
    Crowley Maritime's liquefied natural gas (LNG) services group will deliver LNG in containers from production facilities in the Southeast to...
  • Port of Philadelphia receives its largest containership ever
    The Port of Philadelphia received its largest containership ever with the Wednesday arrival of the 8,800-TEU MSC Sophia Celeste at the Pack...

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