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02 April 2020 The on-line newspaper devoted to the world of transports 05:10 GMT+2




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Sched Netweb site
MAY 13, 2016
  • Port of Shanghai's April box volume rises 0.3pc to 3.12 million TEU
  • HPH says it will provide SOLAS weigh-in services at its terminals
  • APM Terminals offers worldwide container weigh-ins at 29 locations
  • CMA CGM offer new Baltic to Levant fast service for fruit and veg
  • CMA CGM ups Asia-W Africa rate US$300/TEU and $150/TEU to E Africa
  • Maersk welcomed back to Liverpool via Seago unit after 10 years away
  • 204pc fake invoice surge indicates belief in coming yuan devaluation
  • DHL operating profit up 21pc to US$997 million, but sales off 6.1pc
  • XPO unions to besiege shareholders to redress US and European grievances
  • US e-waste still finds Asian recycling markets despite BAN campaign
  • Euro banks ready to do business with Iran, but fear US lingering sanctions
  • Iranian non-official news agency takes note of IRISL's Alphaliner ranking
  • Emirates 2015 profit increases 50pc on fuel, though revenue slips 3pc
  • MASKargo starts A330-200 freighter service to Zhengzhou
  • Future bright for CAL's transitioning perishables from Israel, Europe

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Exim Indiaweb site
MAY 12, 2016
  • Aberdeen Container Lines expands service network in Africa
  • CMA CGM launches Baltic Levant Express service offering direct connection between St. Petersburg & Eastern Mediterranean region
  • Kalmar hosts first Terminal Automation Summit to share knowledge on port automation
  • New container line alliance hinted at
  • Chinese exports to India increase manifold
  • APM Terminals to provide container weighing services at many locations
  • DICT opens a contemporary bonded warehouse that will enable its patrons to manage cash flows
  • Rail connectivity projects to Bangladesh & Myanmar sanctioned
  • Fieo highlights business prospects in Sharjah's SAIF Zone in Ahmedabad
  • A wide-ranging deliberation & acknowledgement of excellence

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International Transport Journalweb site
MAY 13, 2016
  • The future is already here
  • SBB lauded for energy saving system
  • Centerpoint names US west coast SVP investments
  • Hoyer enhancing road/rail connections
  • Brownfield site for development in Netherlands
  • Port of Valencia heading for Antwerp
  • Rail upgrade in Zagreb area starting soon
  • New chairman for 50 year old Saddle Creek
  • Delivering to car boots
  • Cargolux appoints new EVP Global Logistics
  • Sunshine not showers for Fraport in April
  • Australia: building on signal technology portfolio
  • Combination of NKX and CHS3 services by MOL
  • DVB: net income before taxes declines in Q1
  • Seaborne selects business development director
  • ICTSI: more volume, less revenue in Q1
  • Truck maker opens test lab in Brazil
  • 50th B777 for Qatar Airways
  • Ink still drying on CP/LH Cargo pact

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IHS Maritimeweb site
MAY 12, 2016
  • Slumping stocks holds back tanker consolidation
  • US seeks "quick wins" towards 100% container scanning
  • Carnival gives new vigour to flagship brand
  • Gloomy outlook for Singapore's offshore firms
  • Why Japanese carrier weakness should worry alliance planners
  • Passengers rescued after fleeing burning vessel on Great Barrier Reef
  • Fincantieri claims Q1 was 'turning point'
  • Sharp fall in Q1 profits for DVB
  • Hanjin Shipping sells Capesize for USD38 million
  • Dae Sun scores chemical tanker order from HNCC
  • Iron ore exports from Port Hedland to China rising 8.2% y/y in April
  • Winning International Group expected to step up chartering in July
  • Cosco acquires 35% stake in Euromax Terminal
  • Vard back to profit in 1Q16
  • BHP to ramp up production but little spin-off for shipping
  • LNG shipping rate slump could persist through 2020

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The Loadstarweb site
MAY 12, 2016
  • Airlines eye scheduled freighter operations as Heathrow pushes cargo up priority list
  • Big ship craze spreads to UK shortsea shipping, but will VGM rule drive cargo to the roads?
  • Don't wait for Whitehall advice on VGM regulations, talk to carriers now, shippers told
  • ATSG delays take-off of Chinese express cargo carrier, but snaps up a fleet of 767s
  • Lufthansa and Cathay Pacific launch air cargo network between Hong Kong and Europe
  • SEKO seeks new US partners as Terence Madl takes on network development role
  • DHL Global Forwarding sees results improve as Deutsche Post implements new measures

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Marine Logweb site
MAY 12, 2016
  • Over reliance on GPS poses dangers
  • VIDEO: Davie makes progress with Project Resolve
  • Damen to supply ASD tug to Ian Taylor Peru
  • LNG fueled icebreaker starts sea trials

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World Wide Shipperweb site
MAY 12, 2016
  • 'Seattle Day' celebration marks start of Xiamen/Shenzhen flights to Sea-Tac
  • Freight transportation index down during month of March
  • US rail freight traffic total slides lower during week
  • Port of Vancouver taps developers for Terminal 1 upgrade project
  • Bellingham International Airport earns Allegiant Airlines honor

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Lloyd's Listweb site
MAY 12, 2016
  • Team Tankers enjoys better freight rates in first quarter
    Overall operating performance of chemical tanker operator little changed on year
  • Myanmar's crossroads
    The history lessons that repeat themselves
  • Want to work for Lloyd's List?
    The leading source of maritime news is looking for a London-based news reporter
  • Deserted in Hong Kong, crew of casino ship seek wages back
    Court seizes New Imperial Star upon request of seafarers on board
  • Data Hub: Trade Routes
    Trade to South America is being conducted on fewer, bigger ships. But the reduction in tonnage has not led to a reduction in capacity, and pressure on rates remains
  • Product tanker rates lack upwards momentum despite charter activity
    Vessel oversupply continues to pressure rates, though minor gains are seen in some trades
  • Iran, Iraq and UAE raise Opec output
    IEA is sceptical on whether Saudi Arabia will add to further output rises
  • Cheniere appoints Fusco as chief executive
    New boss has a task on his hands as the LNG export company strives to turn a profit for the first time
  • Data Hub: Load Factors
    Transpacific utilisation levels remain under pressure
  • New alliances under the spotlight
    2M and Ocean Alliance look evenly matched
  • DSV-UTi integration 'progressing as planned'
    European group helps limit forwarding losses while air and sea division continues to take market share
  • Topaz secures Kazakhstan oilfield contract for 15 vessels
    Deal with consortium to supply ships to oil field in Kazakhstan is worth more than $350m
  • HHLA box volumes down in first quarter
    Container throughput levels fall 7.7% and revenues slide 4.1%, but Hamburg terminal operator forecasts greater stability for the rest of the year, with box numbers bottoming out
  • English Channel capacity growth lifts DFDS
    Shipping division revenue gains boost ferry operator to best first quarter
  • ICTSI first-quarter profit falls 22% on start-up costs of new terminals
    Philippines-based ICTSI handled 4% more volume in the first three months of 2016
  • US box port throughput slows
    Import figures down as consumer spending falls
  • Qingdao Port stretched to limit by surge in tanker business
    Port is in vicinity of teapot refineries that import crude oil
  • Insurance industry urged to unite in adoption of Insurance Act
    Quick fixes are no solution to biggest insurance shake-up since 1906, warns consultant
  • Malaysia's Nam Cheong swings to loss in first quarter
    Revenue hurt by contract cancellation for a vessel in advanced building stage
  • Global Liner 2016: Prolonged overcapacity spells trouble for the industry
    Analyst paints a bleak picture for box lines as supply still outstrips demand and freight rates remain in the doldrums, while APM Terminals chief Kim Fejfer says ports and terminals are at a critical juncture
  • Diana Shipping draws down $13.5m from China Exim bank
    Amount is secured by Maera panamax dry bulk carrier
  • Vard swings to first-quarter net profit on foreign exchange gains
    Update: Company looking to tap into cruiseship market through work with parent Fincantieri
  • Chinese shipping lessors could face default risk, says Nord LB
    But leasing giants in China may be 'too big to fall', says Chinese lessor
  • Gener8 Maritime reports record results in first quarter of 2016
    Average spot VLCC TCE exceeds $60,000 with addition of five newbuilding vessels

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The Journal of Commerceweb site
MAY 12, 2016
  • US importers accelerate Asia cargo shift to East Coast ports
  • US truckload linehaul, intermodal rates drop lower
  • NY-NJ port eyes more projects to better handle larger ships
  • As volumes rise, ODFL expands terminal network
  • Import rise at LA port signals return to normal patterns
  • NVOCC, forwarders pay steep fines to settle misrepresentation allegations
  • Lufthansa Cargo, Cathay Pacific partner on network
  • Chassis lessor DCLI to be sold to infrastructure fund
  • Idle box fleet dips, set to shrink more in coming weeks
  • Cosco Pacific buys stake in Rotterdam terminal
  • Major Indian trucker moves into refrigerated transportation
  • Strong North Europe traffic carries DFDS to record performance

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TradeWindsweb site
MAY 12, 2016
  • Torm sticks to 2016 US listing target
    Danish owner's new dividend policy one of final stops on path from restructuring table to New York Stock Exchange.
  • Creditors agree to joint management of Hanjin Heavy
    Korean shipbuilder to benefit from KRW 100bn debt relief after restructuring.
  • Solvang earnings surge in first quarter
    Norwegian gas carrier owner's result rises despite falling VLGC rates.
  • London P&I Club posts $3.3m surplus
    Insurer lifts 2015/16 free reserve to $160.7m, but investments turned negative.
  • Frangou fights corner as MLP profit falls
    Chief executive points to intra-group advantages and lack of fees as Navios Partners misses forecasts.
  • Farstad says timing of recovery uncertain
    Norwegian owner says no fundamental improvement in Q1 as currency gains contributed to positive result.
  • Scorpio Bulkers reworks loan terms
    Emanuele Lauro-led owner makes prepayment on a number of facilities as part of covenants relaxation.
  • Prosafe scraps three as it sees red ink
    Cyprus-based owner reveals vessel demolition plans as low utilisation causes headache.
  • EMGS starts with a loss of $15.5m
    Norwegian survey ship owner falls to bigger deficit in Q1 as revenue is chopped.
  • Restis scraps last pre-2000 capesize
    Greek owner banks $6.7m for former Dreyfus bulker.
  • Sanoyas sees annual profit down 88%
    Japanese shipbuilder makes less in financial year 2015 despite an increase in revenue.
  • Eidesvik braces for several tough years ahead
    Norwegian owner sees no short-term improvement as currency gains bring positive Q1 result.
  • Wilson falls to narrow loss in Q1
    Norwegian mini-bulker owner hit by falling revenue in first three months.
  • NAO loss widens in first quarter
    Supply ship owner sees revenue slashed in depressed offshore markets.
  • Tallink chops loss in first quarter
    Estonian ferry owner spends $14.5m to improve its vessels as it carries more passengers.
  • GC Rieber suffers due to low offshore activity
    Norwegian owner sees first quarter loss widen on the back of curtailed fleet utilisation.
  • Torm to pay first dividend since 2008
    Danish owner reveals special payday alongside new distribution policy.
  • Shipping woes increase loan provisions at DVB
    German bank says difficult conditions persist in first quarter as it stays cautious on maritime lending.
  • Lower interest bill boosts Team Tankers
    Oslo-listed chemical tanker owner pushes up Q1 earnings as costs fall.
  • DFDS hits record high in Q1
    Danish ro-ro group benefits from higher volumes and bunker savings in first three months.
  • AWB cancellation and forex loss dent Nam Cheong
    Singapore-listed Malaysian shipbuilder says it will look to find ways to offload orphaned vessel.
  • Pacific Radiance slips to first quarter loss
    Lower charter rates and fleet utilisation take their toll at Singapore offshore vessel operator.
  • Vard secures $300m module carrier vessel order
    Contract award comes as Fincantieri-backed shipbuilder returns to profit in the first quarter.
  • CMA CGM stake in Neptune Orient Lines tops 10%
    French liner giant passes new threshold in acquisition of Singapore national flag carrier.

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American Shipperweb site
MAY 12, 2016
  • U.S.-flag Great Lakes freighter cargo volumes rise 9.7% in April
  • Kansas City Southern names new CEO

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The Bunker Bulletinweb site
MAY 12, 2016
  • Torm sees product tanker rates holding at around $20,000/day in H2 2016
    Volumes of diesel shipped from the US to Europe were down, but aromatics cargoes were up to Asia
  • Gener8 Maritime 'optimistic' market can absorb newbuild VLCCs
    Company takes new vessels to meet oil demand in China.
  • GLOBAL VLCC TRACKER: South Korean arrivals hit to nine-month high
    More African crude heads to South Korea
  • ANALYSIS: Iranian April oil sailings soar
  • Singapore May ex-wharf 380 CST bunker fuel term inked at $0.50-$1/mt premiums
    Reflecting prices buyers are willing to pay relative to published benchmark values.
  • Swedish Trelleborg unveils new LNG bunkering system
    New system removes need for jetty infrastructure.
  • St Petersburg MGO prices rise on restricted availability: sources
    Situation could last for five days.
  • Panama Canal postpones third draft restriction again due to rainfall
    The restriction was originally scheduled to start on May 9.
  • Vancouver marine fuel suppliers expect eventual price impact from Alberta fires
    The Vancouver bunker fuel market moves in sync with the Seattle market.
  • Oil futures surge on draw in US crude stocks, supply disruptions
    US commercial crude inventories fell 3.41 million barrels to 539.98 million barrels for the reporting week ended May 6.
  • US DATA: EIA says fuel oil stocks rise on drop in demand
    US fuel oil stocks have increased by 4.072 million barrels since this point last year.




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