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05 August 2020 The on-line newspaper devoted to the world of transports 03:27 GMT+2

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Sched Netweb site
JUNE 16, 2016
  • Maersk Line to up Far East-North Europe rate US$1,450/TEU July 1
  • Hanjin Shipping battles to trim charter rates to avoid receivership
  • MCC Transport splits IA-5 service into 2, calls at Russian ports separately
  • Boxship demolition totals 11pc of tonnage scrapped, up from 7pc last year
  • US prosecutors run into judge who insists on proof of knowing malfeasance
  • China-backed sugar export project in Ethiopia is plagued by delays
  • Russia's Kaliningrad quarterly volume up 15.6pc to 43,476 TEU
  • NOL 'too slow to and too small to adapt' to commoditising sector, admits CEO
  • Angela Merkel urges China on transparent, reliable investment rules
  • British exports soar 9.1pc biggest monthly increase since 2003
  • China says it will open e-commerce, logistics to foreign investment
  • Most vessels subject to SOLAS now ready for electronic chart display
  • US St Lawrence Seaway ports kick off with cargo up as season opens
  • Air Malta denies shenanigans in giving friends free rides as pilots hint
  • Direct-Avia waits for nod to launch cargo services from Vnukovo Airport
  • Rickenbacker Airport gains new lease on life as an all-cargo hub

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Exim Indiaweb site
JUNE 15, 2016
  • "K" Line selected as constituent of FTSE4Good Global Index for 14 consecutive years
  • ASIC submits memorandum of appeal to West Bengal CM on issues related to Kolkata Port
  • CMA CGM & PSA to create container terminal joint venture in Singapore
  • CMMI seminar on SOLAS amendments regarding safe container transportation today
  • Damco ready for new SOLAS regulations with launch of weighing & filing services
  • Cochin Port Chairman meets Kerala Chief Minister to resolve LNG pipeline issue
  • DP World Chennai launches mobile app for real-time container tracking
  • JICA study reports dramatic reduction in congestion at Chennai Port
  • Ministry of Railways signs JV with government of Odisha
  • Mauritius opens doors for Indian companies in biggest ever investment drive

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International Transport Journalweb site
JUNE 16, 2016
  • What's Switzerland's airfreight sector?
  • Keeping the load safe on the road
  • Decorated in Shanghai
  • MoU supports China's belt and road initiative
  • Delmatic wins contract in Belgium
  • LNG in Yokohama
  • Six out of seven US carriers to serve Cuba
  • Freight railroads have great impact on economies
  • K Line remaining "good global"
  • Air Canada Cargo to Lyon and double to Paris
  • CN CEO to step down, successor selected
  • Slovenia and Hungary drawing nearer
  • Enhanced storage opportunities in USA
  • Qatar Cargo: caring for valuable animals/extending network
  • Regional commercial manager recruited
  • Spanish ports on rising tide of cargo
  • CMA CGM and PSA creating JV in Southeast Asia
  • Haven hires Schaeuble and Fausel in Switzerland

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IHS Maritimeweb site
JUNE 15, 2016
  • Scorpio Bulkers extends survival hopes with stock offering
  • Sainty Marine to give up shipbuilding
  • Embezzlement and accounting fraud allegations emerge at DSME
  • Sewol salvage begins
  • Oslo-listed LPG carrier shares volatile after week of rout
  • Greek shipowners look to London
  • South Africa plans USD3.2 billion investment in port capacity
  • Damaged cargo behind second Australian ship arrest this week
  • Chinese bulk carrier runs aground off southern Philippines
  • Hanjin Shipping in further talks with Seaspan

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The Loadstarweb site
JUNE 15, 2016
  • Shipping lines in financial trouble pose a risk to our supply chains, claim shippers
  • Cargolux China unveils plans to focus on transpacific and intra-Asia on take-off
  • First big containerships en route to the Panama Canal, leaving workhorse vessels to bow out
  • SOLAS: so what does it mean for customers? asks Maersk
  • Court rejects arrest warrant request for ex-Hanjin Shipping chief
  • FedEx drug case: prosecution claims it knew it was shipping illegal prescriptions

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Marine Logweb site
JUNE 15, 2016
  • Webinar will focus on Subchapter M audit requirements
  • Harley orders two ATB tugs from Conrad Shipyard
  • Releases drone in Suez Canal, gets detained
  • Paraguay push boats have retractable flanking rudders
  • Stena Weco christens new product tanker
  • BOA Offshore gets Technip contract in GoM
  • Monohull utility vessel heads for Middle East
  • Shipping magnate Angelicoussis big spender at Posidonia

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World Wide Shipperweb site
JUNE 15, 2016
  • New economic development program nets Seattle Port Commission nod
  • Port Angeles Port Commissioners set public meeting for director interviews
  • Crowley tug performs tow of decommissioned Navy ship
  • NOL Board of Directors names new CEO, CFO
  • US rail freight traffic total heads down during week

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Lloyd's Listweb site
JUNE 15, 2016
  • Panamax rates holding out
    Pacific softness battles against what seems to be stronger Atlantic activity
  • Yilport buys Turkey's largest liquid terminal
    The terminal serves tankers on two quays
  • TEN inks $50m charter deal for first new VLCC
    Recently-delivered Ulysses is fixed for close to $40,000 per day while owner negotiates period employment for sister tanker
  • Product tanker rates slide further
    MR and LR rates keep falling amid high vessel supply and lack of long-haul trades
  • Asia-Europe box trade to rebound in the second half of 2016
    Approximately 7% demand increase expected from July through December, says analyst, but with so many ships due to hit the water next year, medium- to long-term aspirations look increasingly bleak
  • DSME hit by $1.3bn accounting fraud
    Shipbuilder says state audit agency verdict is not final
  • Now is not the time to get complacent, says Torm
    Tanker giant says it is finally a 'normal' company, but is acutely aware of the need to avoid overconfidence and complacency
  • China VLCC annuls vessel sale
    Cancellation comes after alleged buyer Frontline confirmed purchase of up to four VLCCs being built at HHI
  • Hyundai Mipo seeks $141m through sale of chemical and auto parts maker
    Korean shipbuilder sells its shares in KCC to enhance financial stability
  • Mermaid Maritime Indonesian unit charters dive support vessel
    Mermaid Maritime has clinched $10m worth of subsea contracts
  • Scorpio Bulkers taps capital market again with $61m fundraiser
    Latest fundraiser reduces bankruptcy risk but comes at high cost as share count rises substantially
  • CMA CGM and PSA confirm terminals joint venture in Singapore
    Drewry sees move as negative for Westports, Port Klang's main operator; adds PSA is 'entrenching' Ocean Alliance

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The Journal of Commerceweb site
JUNE 15, 2016
  • Record Los Angeles imports fuel West Coast rebound
  • Hutchison outlines Mexican terminals SOLAS policies
  • IHS economist: Gulf Coast port volume growth to slow
  • Mega-ships, alliances, sluggish growth slow terminal automation
  • Ailing Hanjin seeking lower charter rates from Seaspan
  • uShip's growth shows e-commerce impact on LTL pricing
  • Cargolux China will cover globe in three years, CEO says
  • Leading Indian port accelerates productivity-boosting efforts
  • South Africa plans multibillion port expansion to meet demand

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TradeWindsweb site
JUNE 15, 2016
  • SK Gas to begin trading LPG from Banyan
    Major gas ship charterer intends to broaden market reach through move.
  • Teekay Offshore wins bond payoff pushback
    Spinoff of Peter Evensen-led Teekay Corp garners approval from bondholders to move payoff to late 2018.
  • BNP joins in resistance to Primorsk legal fees
    French bank's lawyers call for no lawyer pay, for now, on bankruptcy plan that was 'uncomfirmable'.
  • West Africa leads suezmaxes to surge 12%
    Busy Tuesday fuels owner confidence today as France strikes keep tonnage out of the market.
  • Norden ships out handysize quartet
    Danish owner continues asset sales designed to tighten dry cargo focus.
  • DryShips banks $5m
    Greek owner completes mixed securities sales with warrants potentially delivering extra cash.
  • Cassen Eils sells veteran ferry
    German owner offloads 1972-built passengership to the Seychelles.
  • GOL's PSV detained over unpaid wages
    Aberdeen Port Authority arrests offshore support vessel hired by oil majors.
  • NewLead sets charter for bitumen tanker
    Piraeus-based bulker and tanker owner tips further moves into bitumen market
  • Diana fixes post-panamax to SeaGo
    Greek boxship owner continues its cooperation with Danish giant at the same daily rate.
  • Scorpio Bulkers set for $61m issue purse
    Emanuele Lauro-led owner prices offering that takes advantage of new capital markets window.
  • Arrest warrant refused for ex-Hanjin chair Choi
    Former director not considered a flight risk in court probe into alleged insider trading.
  • Criminal case opened against Grindrod Bank
    Banking division of South African shipping group examined over illegal social grants deduction.
  • Quebec Traversiers seeks to sell ro-ro
    Buyers being hunted for veteran Canadian ferry, with offers due next month.
  • Fesco denies rumorurs of Transcontainer sale
    Russian owner dismisses local reports that it is looking to sell out of rail container operator.
  • Baltic aframax spot rates enjoy hot streak
    Regional rates racing aided by supply balance; VLCCs slip again.
  • Louis-Dreyfus warns of growing dry cargo confidence
    French owner says dry struggles have 18 months to two years to run.
  • EAT eyes more tankers in Q2
    Malaysian owner expects to acquire two ships after increasing profit.
  • Ugland fixes PSV for up to three years
    Norwegian owner finds long-term work for Juanita with Statoil.
  • JP Morgan: Shipyard storm will hit future cycles
    Noah Parquette says orderbook at distressed yards is not a long way from previously projected cancellation levels.
  • Samsung closing docks as it eyes 1,500 lay-offs
    More details emerge of South Korean shipbuilder's restructuring plan.
  • DSME worker arrested over $15m embezzlement
    Former employee accused of siphoning off yard cash between 2012 and 2015.
  • Fesco plots sale of Transcontainer stake
    Russian owner in negotiations to sell out of rail container operator, according to local reports.
  • DSME worker arrested over $15m fraud
    Former employee accused of embezzling yard cash between 2012 and 2015.
  • Polarcus extends South American deal
    Oslo-listed owner adds three months to seismic survey contract.
  • Boa Offshore scoops US Gulf contract
    Norwegian owner moving construction ship from West Africa for Technip.
  • Scorpio Bulkers fund raiser unlikely to be the last
    Analyst says offering likely to be used to meet company's remaining newbuilding commitments.
  • Hyundai Mipo Dockyard continues asset disposals
    Shares in domestic building materials manufacturer latest investment to be put on sales block.
  • Scorpio Bulker fund raiser unlikely to be the last
    Analyst says offering likely to be used to meet company's remaining newbuilding commitments.
  • CMA CGM and PSA formalise tie-up
    French liner giant and Singapore port operator create container terminal joint venture.
  • Scorpio Bulkers preps another offering
    New York-listed bulker owner plans to issue up to 23 million shares as private sponsor pledges to inject at least $15m.

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American Shipperweb site
JUNE 15, 2016
  • Boeing closing in on historic aircraft deal with Iran
  • Commentary: ULCs part of the problem for container industry, not the solution
  • Port of Long Beach container volumes see slight bump in May
  • Special Coverage: Inside the TMS tower
  • DHL solicits innovative logistics ideas
  • Court rejects arrest warrant for former Hanjin chairwoman
  • Veteran administrator to head Lamar University port program
  • Yusen Logistics expands in Germany
  • Commentary: U.S. businesses should exercise 'extreme caution' in dealing with Iran
  • Lufthansa Cargo to cut up to 800 jobs
  • NYK dives deep into offshore market
  • CMA CGM, PSA form container terminal joint venture in Singapore

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The Bunker Bulletinweb site
JUNE 15, 2016
  • Strikes continue at French Med ports, tankers still queuing at Le Havre
  • Port of Ceuta eases draft restrictions to allow larger vessels
  • TRADER NOTE: Inchcape Shipping Services re-hires Peter Nielsen as vice president
  • LSFO barges at 20-month high premium to HSFO on tight supply
  • Japan's Cosmo Oil open to buying more US crude after first experiment
    Keeping a close eye on arbitrage opportunities.
  • TENDER DATA: South Korea's EWP buys 30,000 mt HSFO for June 22-26
  • ExxonMobil's Australian arm puts Bass Strait oil assets up for sale
    But will retain Kipper Tuna Turrum, largest oil and gas development on Australia's east coast.
  • CMA CGM forms JV with PSA to operate four berths at Singapore terminal
    Operations will start in second half of 2016.
  • Poor demand, supply prospects resulting in thin USGC fuel oil market: sources

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