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03 April 2020 The on-line newspaper devoted to the world of transports 08:34 GMT+2

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Sched Netweb site
MAY 23, 2016
  • A-E rate falls 13pc to US$527/TEU, off 13pc to Med, off 8pc to USWC
  • OOCL lays down VGM law on what it will take to get a box aboard
  • UASC shareholders vote June 2 on Hapag-Lloyd merger deal
  • Hutchison's Barcelona terminal sets container handling record
  • Quarterly volume at Vietnam's Cai Mep soars 130pc to 277,303 TEU
  • Cosco Pacific April volumes up 4pc to 7.9 million TEU, but HK lags
  • Philippines GDP up 6.9pc in first quarter after 6.5pc rise last year
  • World Jaguar Logistics to provide intelligent warehousing, logistics
  • CMA hikes ECSA-Africa, Mideast, India US$200/TEU - $300/FEU
  • CMA hikes Asian-East Africa Dar es Salaam rate US$150/TEU June 1
  • Le Havre ready supplier of LNG to massive cruise ship while docked
  • US east coast ports ready for perishables fight when new Panama opens
  • CMA CGM doubles capacity on its new Port of Liverpool feeder service
  • Panama Canal will be 12.8 metres or 42 feet deep as of June 27
  • PEMCO redelivers 15th converted aircraft to China's SF Airlines
  • Air India to pay US$12.5 million penalty to settle US price-fixing lawsuit
  • Air cargo network to provide bankruptcy protection, boost buying power
  • Shippers can track key air freight rates with new index
  • Mystery man signs up for 30 B737s in freighter conversion bonanza

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Exim Indiaweb site
MAY 22, 2016
  • CMA CGM outlines compliance procedure with VGM requirements
  • Containership fleet seen soon crossing 20 m TEUs
  • Höegh exports first Honda shipment out of Pipavav
  • Shortage of officers seen likely leading to more competition between shipmanagers
  • ZIM tops SeaIntel's schedule reliability table
  • Chabahar port agreement to be signed during PM's visit to Iran
  • Sagarmala facilitates three rail connectivity projects
  • A trade & industry wish list for the new govt of Kerala
  • India-Myanmar Business Conclave discusses ways to enhance trade
  • LG Chemicals plans major investment in Maharashtra & Gujarat
  • Global trade in fake goods worth nearly half a trillion dollars a year: OECD & EUIPO

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International Transport Journalweb site
MAY 23, 2016
  • New rail infrastructure around Caspian Sea
  • Doubling lifetime with mobile workshop
  • Mandatory minimum insurance requirements for railways
  • Freighter crash - another shock for aviation world
  • Spatz in Halifax
  • Rising importance of maritime cool chains
  • Shopping trip in UK's forwarding industry
  • Fatal accident rate falling, truck numbers rising
  • DB Schenker USA names new CEO
  • Arctic foxes fly home with Hactl and Air Canada
  • Ardmore expanding in Texas
  • Managing spare parts supplies and more
  • BRU recuperating after March attacks
  • Stepping up capacities to Liverpool
  • AAL appoints commercial agent for South China
  • Pneuscan further enhancing safety for Fercam

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IHS Maritimeweb site
MAY 20, 2016
  • CMA CGM to cut costs by USD1 billion after Q1 loss
  • HMM ends charter negotiations, set to come under KDB
  • Hafnia Tankers' 1Q16 interims as expected
  • BW LPG says firmer freight rates hinge on oil price recovery
  • Euronav and Bretta split joint venture Suezmaxes
  • South Korean shipbuilders HHI and DSME address exit rumours
  • Australia shipping report promotes benefits of a local Jones Act
  • Keppel O&M sets up joint venture in Russia
  • Perisai Petroleum starts year with net loss
  • Spot rates fall as carriers reveal series of GRIs and surcharges
  • KDB urges media restraint as receivership looms for HMM
  • Hanjin bond holders agree to four-month extension, charter talks starting
  • Precious Shipping cancels two 64,000-dwt bulk carriers at Sainty Marine
  • Mitsubishi Heavy studies investment in Port Said shipyard
  • Singapore's offshore and marine companies to benefit from higher capex
  • China to build Panama's first post-Panamax container terminal

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The Loadstarweb site
MAY 20, 2016
  • TAC Index will provide air freight rate transparency - and looks ahead to financial markets
  • Carriers may differ in strategy, but their aim is to bolster Asia-Europe box rates for peak season
  • Final carrier settles and air cargo antirust case ends - a decade after first complaint of price-fixing
  • No 'Made in India' impact visible yet in exports
  • Where innovation sets sail
  • It costs twice as much to export olive oil from Spain using China's "One Belt, One Road" railway
  • Alain Souto named VP for CEVA's aerospace contract logistics

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Marine Logweb site
MAY 20, 2016
  • Crowley scholarships awarded four MMA students
  • New Schottel duct enhances propulsive efficiency
  • VIDEO: Harmony of the Seas enters service
  • BWTS manufacturers edge closer to USCG Type Approval
  • Austal delivers first of two HSSVs to Oman
  • Damen Shipyards delivers first Shoalbuster 3512

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World Wide Shipperweb site
MAY 20, 2016
  • Westwood Shipping Company ending call to Port of Portland
  • Port of Vancouver, USA completes website update
  • Inchcape Shipping Services names new compliance officer
  • Sea-Tac Airport making moves to prepare for busy summer season
  • Philip Hochstein named to board of Vancouver Fraser Port Authority

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Lloyd's Listweb site
MAY 20, 2016
  • CMA CGM slumps to first-quarter loss on low freight rates
    Improved volumes fail to offset weak Asia-Europe trades
  • Cape rates spike on Australian demand before cooling off
    Both spot fixtures and period market bounced on the back of encouraging rates
  • Seaborne iron ore demand to remain flat in 2016, says Vale's Alves
    Southeast Asia to emerge as the biggest market for iron ore in coming years
  • Ocema adopts best practice guidelines
    Association seeks FMC approval for terminal weighing approach
  • Container lessors feel the squeeze
    Consolidation at the top and a potential shake-out further down the rankings is re-shaping the box leasing industry
  • Rates continue slow slide south
    Carriers line up next GRIs as rate erosion pulls down earnings
  • Skuld moves to buy hull outfit SMA/Gerling Norway
    Nummedal to keep team in simple change of ownership
  • Non-cash gains lift Ocean Rig first-quarter results
    Company reports solid results despite recent charter terminations
  • Euronav terminates suezmax joint venture
    Tanker giant will pay partner $15m to exit four-ship venture
  • Terminations bring deeper losses at Pioneer Marine
    First-quarter loss triples after five newbuilding contracts axed at Guoyu Shipyard
  • HMM says charter talks with shipowners not over yet
    Rival Hanjin makes headway as bondholders agree to debt maturity extension
  • Easing of US sanctions on Myanmar to boost trade and investment
    Licence to use blacklisted Asia World's Yangon port extended indefinitely
  • China VLCC offloads two vessels
    Tankers to be sold to two independent counterparties registered in the Marshall Islands
  • Hanjin bondholders agree to four-month debt maturity extension
    Hanjin Shipping bondholders grant maturity extension of Won35.8bn debt to September 2016
  • DryShips first-quarter results boosted by stake ownership in Ocean Rig
    Company would have incurred net loss for quarter without equity in earnings from Ocean Rig stake
  • Keppel Offshore & Marine sets up joint venture with Rosneft and MHWirth
    JV to establish centre to develop mobile offshore drilling units
  • Navios Acquisition posts higher first-quarter profits
    Frangou focuses on benefit from link with Navios Holdings amid criticism over an ill-fated loan

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The Journal of Commerceweb site
MAY 20, 2016
  • Investigators question outsourced inspections of sunken El Faro
  • Asia import growth at Jacksonville hinges on fate of TraPac terminal
  • Claim of unfair NY-NJ port hiring practices spurs federal response
  • J.C. Penney shifts stock to suppliers to cut inventory
  • Capital agreement could reshape Japan logistics industry
  • Weak rates pull down CMA CGM profit despite volume gains
  • Details of Panama's first post-Panamax container terminal announced
  • Receivership looms as HMM calls off charter talks
  • Creditors grant Hanjin a reprieve
  • Pipavav Port volume plummets on global trade slump
  • Hamburg Sud joins Inttra SOLAS platform
  • Carriers bet on surcharges, GRIs as spot rates slide

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TradeWindsweb site
MAY 20, 2016
  • Economou companies' stock prices diverge
    Ocean Rig shares jump 22.7% after estimate beat, while DryShips plunges after loan woes.
  • BW LPG stays silent on Aurora plans
    Martin Ackermann says rival's stock was available at attractive price levels.
  • ING targets bulker over GMI's OW fuel bills
    Rainbow Shipmanagement's Teofano targeted with arrest order for fuel bills allegedly left unpaid by charterer GMI.
  • Canada energy board OKs crude export plan
    But project faces long odds with Trudeau government and First Nations.
  • Seim replaces Peermohamed at NHC
    Hull club appoints 45-year-old naval architect and acting CEO to take leadership of the company.
  • More talk than action around OSG fleet sale
    Wilbur Ross rumour fading with Idan Ofer connection said to be unfounded.
  • HMM and Hanjin bonds jump in value
    Analysts say investors are indulging in 'bomb passing' over owners' debt.
  • XO Shipping crosses off another record profit
    Christian Levin-led company extends run of profitable years to five in a row.
  • Macquarie banking on Morten Arntzen
    Veteran will help Australian bank fill shipping's finance void in new advisory role.
  • Karadeniz puts fast ferry up for sale again
    Turkish owner listening to offers for former Stena Explorer after buying it at the end of last year.
  • U-Ming plunges into the red in Q1
    Taiwanese bulker owner falls to a loss as revenue shrinks.
  • SCF: sentiment needs to shift on IPO
    Russian owner ready to go in strong tanker markets, but listing climate 'not great.'
  • HCI Group adds 13 HSH Nordbank feederships
    German investor expands its portfolio through a deal for small containerships.
  • Evensen: $100m gives a lot of confidence
    Teekay kingpin explains decision behind first equity issue for parent in over a decade.
  • DSME delays SCF LNG ship by seven months
    South Korean shipbuilder agrees to push back Yamal project vessel until January.
  • Fornaes to scrap Vroon OSV
    Dutch owner sends another vessel to Danish yard for demolition.
  • Stena cracks down on puppy smuggling
    Ferry group targets traffickers shipping young dogs from Ireland to Scotland.
  • Skuld to buy hull business
    Stale Hansen signs letter of intent to acquire big Scandinavian Marine Agency - Gerling account.
  • Scandlines sees 2015 earnings jump
    Baltic ferry operator's focus on Germany-Denmark routes paid off last year.
  • DSME denies sale of defence business
    But Korean yard admits new restructuring plan includes review of naval division.
  • BW LPG buys up more Aurora stock
    VLGC market leader moves closer to takeover of Norwegian rival.
  • HMM rate-cut talks to continue
    Financial watchdog says no specific deadline has been set for completion of negotiations.
  • Radziwill resigns amid suezmax split with Euronav
    Shipowner exits public company board as joint venture is ended.
  • Ridgebury raises profit, but markets falling
    US tanker owner stronger in first quarter, but concerns remain over second three-month period.
  • China VLCC offloads modern tanker duo
    China Merchants Energy Shipping and Sinotrans & CSC Group joint venture confirms vessel sales.
  • Keppel Corp forms joint venture with Rosneft
    Singapore offshore rig builder hopes the move will increase its presence in the Russian market.
  • Petrobras raises $6.75bn from bond market
    Brazilian oil major intends to use funds from first offering in almost a year to repay debt.

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American Shipperweb site
MAY 20, 2016
  • ICTSI will continue attempts to attract container service to Portland, Ore.
  • NEWS FLASH: CMA CGM reports $100m loss in Q1
  • Study sees shortage of ship officers worsening in coming decade
  • ITC: U.S. exports from TPP to increase to $57.2b by 2032
  • Shippers raise concerns over ocean liner alliances
  • Russia to see corn production, exports surge
  • Storm data supplied to El Faro was 10 hours out of date
  • TAC Index for air cargo gets lift off
  • U.S. Customs to combine targeting centers
  • APL carbon emissions drop 45.5% since 2009
  • Executive Moves: Inchcape, Kane Is Able
  • SCFI slips for third straight week
  • OCEMA collaborates with six ports on VGM
  • Report: Hanjin bondholders grant debt repayment extension
  • HCI Group takes over 13 feeder containerships

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The Bunker Bulletinweb site
MAY 20, 2016
  • Volatility shortens deal-making windows in Hamburg bunker market
  • TANKERS: Teekay to weather volatile tanker markets through diversification
    The company generated an adjusted net income of $46 million in Q1.
  • TRADER NOTE: Adani Bunkering hires trader for southern India operations
    Anish Polson hails from the southern state of Kerala.

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