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02 April 2020 The on-line newspaper devoted to the world of transports 05:25 GMT+2

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Sched Netweb site
MAY 17, 2016
  • A-E rate off 4.7pc to US$606/TEU, falls 0.5pc to Med, off 5.2pc to USWC
  • CMA CGM to hike Asia-Med rate US$450/TEU twice, June 1, June 15
  • MOL to increase Asia-Mexico/WCSA freight rate US$500/TEU from June 1
  • European Parliament votes 546-28 to deny China market economy status
  • China's export market for goods remained lacklustre in April
  • Hapag-Lloyd Q1 profit down 56pc to US$123 million as sales fall 16pc
  • Singpost profit soars 57.9pc to US$181.4 million as revenue rises 25.2pc
  • Getting tough over weight at the gate may divert cargo, says exporter
  • Port of Virginia drops hard line on container weight VGM at gate
  • DHL Global Forwarding out of the woods and on track for big profit: Appel
  • Diversified Port Holdings buys up Liberty Terminals at Savannah
  • US National Retail Federation calls on Congress to enact trade pact
  • YTO Express Airlines plans to deploy 3 freighters to fly beyond mainland
  • Heathrow, Gatwick pull out stops to win PM over on new runway
  • ACI reports Q1 European air cargo volumes increased 2.1pc
  • AF-KLM Cargo flies 0.9pc more revenue tonne-kilometres in April

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Exim Indiaweb site
MAY 16, 2016
  • Chemical tanker shipping freight rates seen remaining firm
  • DB Management Board to develop implementation plan for third-party minority holding in DB Schenker & DB Arriva
  • DP World Yarimca, Turkey's newest port, inaugurated
  • First vessels to be soon recycled in Alang under new Maersk Group recycling initiative
  • FSM moves to Liverpool2
  • Goal-based verification heralds new era for ship construction rules
  • Hapag-Lloyd reports operating profit in Q1 2016
  • Inland waterways a key area of focus
  • Iranian tankers likely to be back in Europe soon
  • MANSA Sports & Cultural Committee organises successful eye camp
  • Statement by Elektrans Shipping on the recent lifting of UN sanctions on its vessel
  • Transworld Group of Companies acquires largest vessel yet
  • Wan Hai Lines redeploys transpacific service to meet market demand
  • ZIM named 'Carrier of the Year' by producers of Corona beer
  • Tea exports to Pakistan see major spike
  • PSA International launches PSA unboXed, its new corporate venture capital arm
  • Railway Board's new Mobility Directorate to identify path for timetabled freight trains

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International Transport Journalweb site
MAY 17, 2016
  • New rail facility in Florida
  • Leman publishes annual report
  • Far better market chances from 2020
  • Complex Caspian project for BWS
  • Switching from main line to siding
  • Fleet utilisation rate slipping slightly
  • HHLA: earnings up, volumes down
  • Icelandair adds biggest aircraft to fleet
  • Giant telescopic crane for windfarm services
  • Digital remote diagnosis prevents HGV breakdowns
  • Rickmers to counter the market slowdown
  • Tunisair connects with Prague
  • Marine consultancy fills newly created position
  • LS Cargo expands to China

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IHS Maritimeweb site
MAY 16, 2016
  • Konecranes, Terex nix "merger of equals" deal
  • Declining volumes, low freight rates hit RCL
  • If profitability were the price of admission, THE Alliance would have one member
  • Hanjin Shipping and HMM see Q1 losses
  • Braemar seeks growth opportunities with GBP30 million war chest
  • Vard in second expedition cruise ship contract as new strategy bears fruit
  • OSVs charter rates may have bottomed, says bank
  • Polaris Shipping issues USD25.5 million in bonds
  • Low asset prices prompt H-Line Shipping to modernise fleet
  • India sets up body to support private investment in ports and maritime sector
  • Day rates below operating costs drag down Thoresen Thai's Q1 profit
  • Shanghai shipping insurance companies post premium income drop of 9.27% in 1Q16
  • Vallianz secures OSV contract worth USD210 million

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The Loadstarweb site
MAY 16, 2016
  • Fears for supply chains as Asian shippers seem unprepared for container weight deadline
  • Appeal for more data as cargo crime in EMEA region rises 115% year-on-year
  • New container line alliance may find it has 'too many cooks in its kitchen', suggests Drewry
  • FedEx nears complete acquisition of TNT as staff mourn cultural change
  • Neutral Air Partner aims to revive specialisation and expertise in the air freight sector
  • Job losses to follow as South Korean shipbuilding industry slumps

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Marine Logweb site
MAY 16, 2016
  • More operators using oil condition monitoring service
  • LCS 8 completes acceptance trials
  • IMO's MEPC endorses IACS structural rules
  • Reefer successfully converted from R22 to R407F

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World Wide Shipperweb site
MAY 16, 2016
  • Port of Olympia earns honor for stormwater treatment facility
  • BTS releases latest data on North American Rail Network
  • NYK vessel provides assistance to lost Ecuadorian fishermen
  • Maersk Line container vessel collides with German box ship
  • BNSF Operations VP announces plans to retire

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Lloyd's Listweb site
MAY 16, 2016
  • Weak charter market is hurting Japanese yards
    Regional banks in Japan are reluctant to offer newbuilding finance to domestic shipowners
  • Cargill supreme court decision highlights need for specifics in off-hire provisions
    Winning QC details the lessons to be learned from last week's ruling in NYK v Cargill
  • Results round-up
    More red ink than black in Monday's maritime financial reports
  • OW Bunker: live with the judgment, says winning lawyer
    Not what owners wanted, but that's business, maintains James Partridge of Allen & Overy
  • Handies stabilising
    Fairly active market reported in southeast Asia while demolitions continue
  • Pick-up in post-panamax tonnage sparks optimism in charter market
    However, rates across all sectors continue sideways movement
  • Hutchison's Thamesport hunting for liner customers
    Switch to multi-purpose terminal does not mean the end for London port's box business
  • Volatility spurring longer-term charters and new FFA interest, says Braemar
    Chief executive James Kidwell explains benefits of volatility as broker arranges £30m business development facility
  • Avic International Maritime swings to first-quarter net profit
    Group will continue with its strategy to trim costs and focus more on higher margin businesses
  • Hanjin Shipping incurs first-quarter net loss
    South Korean carrier says freight rates are slowly recovering in the second quarter
  • Swiber sees first-quarter net loss on higher income tax expense
    However, revenue is boosted by more contracts being signed and ongoing projects in South Asia
  • Tankers push up Braemar profit
    Shipbroking division revenues hit £70m on stronger tanker freight market
  • Thailand-based RCL slips to loss in first quarter
    Asia-centric carrier's total liftings fall 4% year on year in first quarter
  • Aframax leaves Okinawa port with Saudi spot oil cargo for China
    Move signifies intent to capture more market share from rivals in a very competitive oil market
  • Investment banker urges Japan lenders to expand ship financing overseas
    Current shipping trough offers great opportunity for counter-cyclical approach
  • Thoresen Shipping logs wider first-quarter losses
    Dry bulk player sees losses increase amid persistently weak dry bulk rates
  • Vallianz wins chartering contracts of up to $210m in Middle East
    Group is to charter out 13 OSVs for up to seven years
  • Boustead Heavy Industries swings to first-quarter net loss on tepid business conditions
    Group discontinued operations in chartering segment
  • Singapore port handles 3.9% fewer containers in April
    Singapore port's April year-on-year box throughput decline is the smallest drop in 13 months
  • Port of Long Beach April container throughput slumps
    Slowing economic growth and tepid US consumer spending weigh on April results
  • Outdated Handysize Index frustrates market
    Relevancy and accuracy being questioned by some

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The Journal of Commerceweb site
MAY 16, 2016
  • Shippers see capacity tighten in warehousing, not trucking
  • El Faro crew seemed unconcerned by hurricane, pilot says
  • Losses mount at Hanjin, HMM
  • New department to direct India port, maritime investment
  • Rickmers Group revenue, earnings slump - worse to come
  • Strong balance sheets needed if new alliance is to take on 2M and Ocean
  • India issues final SOLAS guidelines
  • Bite of US SOLAS enforcement uncertain
  • Prepare for SOLAS container weight bumps, attorney warns
  • APM Terminals to provide container weighing services in Rotterdam

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TradeWindsweb site
MAY 16, 2016
  • Stifel trims TEN numbers but stays bullish
    Market still healthy though fleet movements see ships pull in less cash than expected.
  • Baltic differs with ESMA on "inside" info
    Exchange plans to reply to regulators seeking input on market abuse.
  • Thai RCL reports larger loss to start 2016
    Regional feeder operator reports loss for first quarter.
  • RCL sees larger loss to start 2016
    Regional feeder operator reports loss for first quarter.
  • Nigeria woes push suezmaxes to 2016 low
    Average daily rate falls 10% in a day as production problems in West Africa hurt market.
  • Pilot saw 'nothing unusual' on El Faro
    One of two pilots to guide TOTE Maritime ro-ro in final departure from Jacksonville says ship was well-maintained.
  • Elektrans aframax taken off UN blacklist
    Indian tanker free to trade again after row over disputed Libyan cargo.
  • Eximbank says Korean yard slump to last into 2017
    Korean lender reveals domestic builders won only 7% of global orders in first quarter.
  • Foremost capesize deal shows price rise
    Brokers point to improving asset values shown via capesize transaction.
  • Bulker asset price bottom has passed
    Navios and Braemar chief executives say values hit trough along with rates in early 2016.
  • Lifeboat found 125 miles from grounded Tamaya 1
    Mystery of abandoned tanker deepens in Liberia.
  • NITC charters out more tankers to oil firms
    Shell, BP and Total in negotiations to lease additional ships from Iranian owner, local report says.
  • Capesize sinks after breaking in two
    Greek bulker goes down with coal cargo months after getting stuck off Madagascar.
  • Have asset value falls changed plan for TIL?
    Teekay may have had a rethink on strategy of Oslo-listed spin-off, analyst says.
  • HMM posts $234m loss in first quarter
    Cash-strapped owner reports deeper red as crucial negotiations with charterers go on.
  • Kidwell: Consolidation story not over
    More broking mergers to come, says Braemar chief newly endowed with HSBC facility.
  • Attica Group and Anek Lines look west
    Greek ferry companies set to deploy two ships in Morocco through partnership with domestic banks.
  • Fesco takes loan to buy bonds
    Russian shipowner taps lender for cash to meet tender obligations.
  • Hanjin loses $221m in three months
    Restructuring Korean owner hit by falling rates and over-supplied market in Q1.
  • First FLNG unit heads out
    Petronas's PFLNG Satu leaves Daewoo Shipbuilding and Marine Engineering under tow.
  • Ostensjo reflagging; axing 40 crew
    Norwegian owner cutting costs by moving vessels from Norwegian register.
  • Braemar targets acquisitions as profit jumps
    UK shipbroker taps HSBC for $43m as it eyes expansion opportunities following strong year for tanker desk.
  • Atlantic Navigation seals $236m 10-ship charter
    Singapore-listed owner ordering seven new vessels as part of offshore contract in Middle East.
  • Mixed numbers for California container terminals
    Long Beach sees volumes decline by over 22%, while Los Angeles reports modest growth.
  • Fire damaged Maersk boxship finally makes port
    Danish shipowner's Safmarine Meru reaches China's Port of Ningbo after 78 mile tow.
  • Swiber Holdings slips to minor loss in Q1
    Singapore-listed would have been in profit if not for a substantial tax bill in first quarter.
  • ExxonMobil chops Seadrill Partners drillship charter
    John Fredriksen-backed drilling MLP sees $627,500 per day charter terminated by US oil major.

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American Shipperweb site
MAY 16, 2016
  • North American freight market remains below 2015 levels
  • Roadrunner expands LTL network
  • Report: DSV dumps British pound in anticipation of Brexit vote
  • Software companies awarded $250,000 for project fighting supply chain slavery
  • Commentary: Loss-making containerships really want to try flying
  • Senate unanimously passes rail RESPONSE Act
  • Hanjin reports weak Q1 results
  • COSCO expands overseas terminal interests with stake in Euromax Rotterdam
  • UP, Katoen Natie to provide 'Dallas to Dock' service

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The Bunker Bulletinweb site
MAY 16, 2016
  • HSFO Rotterdam barges at 13-week low against front-month swap
  • Singapore May ex-wharf 500 CST bunker fuel term inked at around minus $5/mt
    Not many term deals concluded in May.
  • SINGAPORE DATA: Apr vessel arrivals for bunkering rise 7.59% on year to 3,641
    Bunker fuel sales rose 12.1% year on year to 4.11 million mt in April, but down 1% on month.
  • UAE port operator DP World opens first terminal in Turkey
    New terminal can handle up to 1.3 million containers.

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