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10 December 2018 The on-line newspaper devoted to the world of transports 04:55 GMT+1




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Sched Netweb site
AUGUST 23, 2016
  • Maersk mulls splitting itself in two - transport and energy divisions
  • SITC first half profit flat as revenue slips 7.5pc on poor rates
  • Yen's rise leads to 14pc slump in July Japanese exports
  • ICTSI asks Oz minister to speed Melbourne box terminal expansion approval
  • No sign of dredging in the Elbe despite surge in mega ships in Port of Hamburg
  • PIL signs deal with China Merchants, China Machinery to prioritise each other
  • Beijing Automotive to invest US$819 million in South African car plant
  • Top UK economist mulls today's robust labour, retail results vs Brexit vote
  • Hapag-Lloyd reports 'extremely high' VGM compliance - MSC reports 100pc
  • North Sea oil rebounds as glut of floating crude finds buyers as demand rise
  • Hapag commercial chief to keynote at Cool Logistics meet September 27
  • Sichuan Airlines launches Chengdu-Prague run, adds to Moscow flights
  • Does Freightos have what it takes to lower costs, boost transparency?
  • Latam Airlines Group's Q2 revenue plummets 12.5pc to US$2.1 billion
  • IAG Cargo upgrades European freighter operation
  • Manchester Airport's cargo grows 14pc in July to 10,118 tonnes

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Exim Indiaweb site
AUGUST 22, 2016
  • APL enhances Latin America service network with new Island Bridge Express service
  • BBC Chartering launches office in Esbjerg, Denmark
  • Bhavani Shipping expands its stevedoring wings at Cochin
  • Braemar Adjusting in strategic partnership in Iran
  • Jebel Ali Port voted Best Sea Port - Middle East
  • SCFI spot rates fall
  • Transworld Feeders FZCO is the new name of Orient Express Lines FZCO
  • APM Terminals Inland Services, South Asia wins exclusive 3PL provider contract with Mahindra Susten for 260 MW solar power project in Andhra Pradesh
  • CBEC merges ACP & AEO programmes
  • CII delegation makes learning visit to Adani Kattupalli Port
  • DP World rating upgraded by Fitch
  • Seminar on 'Port Administration & Management' inaugurated at refurbished JNPT-APEC Port Training Centre
  • FIATA becomes part of sustainable development goals platform
  • Lines 4 & 5 commissioned at ICD-Khodiyar
  • Customs organises AEO outreach programme
  • National Committee on Trade Facilitation constituted

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International Transport Journalweb site
AUGUST 23, 2016
  • GW now representing PCN in Hungary
  • HGV efficiency in UK improves further
  • Yet another Dreamliner milestone for ANA
  • Industry veteran leads Agility's Australasian division
  • New lorry facility in Calais
  • Tauranga: results and expansion scheme news
  • Fine for incorrectly packed hazmat
  • Nigeria plans to revitalise old rail lines
  • DAL/JTE continues management restructuring
  • July strong in Marseille Fos
  • Tunisian cargo carrier selects MRO provider
  • New transport offer for Iran
  • Sri Lankan shipper joins GSF board
  • Finnlines delisting from Helsinki Nasdaq exchange
  • China publishes logistics plans
  • Baltic Exchange and SGX advancing acquisition scheme
  • Food delivery start-up withdraws from Indonesia

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IHS Maritimeweb site
AUGUST 22, 2016
  • Private equity giant KKR buys Nord LB shipping loans
  • Crude tanker rates out of sync with Middle East production
  • Caribbean adapts to container weighing rule with ease
  • Puerto Rico ferry fire extinguished at port
  • Essar's Sharma to head Shipping Corporation of India
  • Hafnia beats revenue expectations but asset value concerns remain
  • G6 transpac service merger proves food for thought for Incheon Port
  • Reduced shipping costs boost Fortescue profit
  • Alliance competition will depress freight rates in 2017, says analyst
  • MOL to cap off-contract Capesizes at 10% of fleet
  • Taxes deferred for HHI's Gunsan yard and co-operatives
  • Shipowner urged to accept responsibility for crew abductions
  • Bohai Rim ports post mixed first-half results
  • CSSC Chengxi lands four-ship order for asphalt carriers
  • Sembmarine acquires Norwegian ship design firm LMG Marin

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The Loadstarweb site
AUGUST 22, 2016
  • Supply and demand imbalance only part of the problem for 'predatory' carriers
  • Honeywell - Blackstone battle for JDA shows logistics automation on the rise
  • Hanjin misses deadline for financial rescue
  • UK road freight and logistics 'more efficient than ever', according to DfT
  • How global carbon offsetting would work for aviation

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Marine Logweb site
AUGUST 22, 2016
  • BIW gets another $8.7 million for DDG 1000 work
  • Fednav claims a Lakes BWTS first
  • SGX takeover of Baltic set for November
  • Gas carrier giant inks VSAT contract with EMC
  • VIDEO: World War I U-boat wreck found off Denmark
  • New fast transport ship christened at Austal

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Lloyd's Listweb site
AUGUST 22, 2016
  • Vessel oversupply pushes VLCC earnings below $20,000 per day
    Some six very large crude carriers added to list of those competing for Middle East cargoes over next four weeks
  • Baltic Exchange sale to SGX could complete in November
    It has taken months to solicit support from Baltic shareholders, but the deal is now one step closer to being finalised
  • Handysize bulker earnings rise to 11-month high
    Minor bulk and coal trades contribute to further weekly gains
  • High boxship load factors fail to lift freight rates
    Shippers and forwarders benefit from predatory pricing by container lines
  • NordLB signs $1.5bn shipping securitisation deal
    Deal with KKR and unnamed wealth fund covers 100 vessels and will bolster bank's balance sheet
  • Misdeclared cargo causing one-third of incidents on boxships
    Calcium hypochlorite misnaming is still a major issue, says UK P&I Club risk assessor
  • KDB mulls short-term loan to DSME
    Loan is likely to help shipbuilder repay its corporate debt maturing in September
  • Cosco Shipping orders four asphalt carriers at Chengxi Shipyard
    Vessels are scheduled for delivery starting in 2018
  • LNG vessel rates raise hopes amid wider tanker rout
    Short-term imbalances and rising shipments boost LNG rates to $40,000 per day
  • Otto Marine files court application to have Hoe Leong Corp wound up over debt
    Hoe Leong has enough resources to pay the sum claimed, say directors
  • Singapore unveils incentives to encourage sustainability reporting
    Funding for the first 10 approved applications will take place on a reimbursement basis
  • New Indonesian box terminal starts operations
    New Priok Container Terminal One's latest facility will be able to handle 1.5m teu annually
  • Sembcorp Marine buys LMG Marin for $20m
    Group is looking to ramp up expertise in vessel design and engineering

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The Journal of Commerceweb site
AUGUST 22, 2016
  • Road, rail access to LA-LB ports fully regained after wildfire disruption
  • Trucks bought under NY-NJ replacement program probed for malfunctions
  • ACL gears up in weak trans-Atlantic market for containers, ro-ro
  • Idle fleet back to more than 1 million TEUs
  • Kia deal hints at greater potential for inland port network feeding Savannah
  • North Europe short-sea growth fuels DFDS profit gains
  • G6 service merger to boost Incheon reefer volumes
  • Competing alliances forecast to keep lid on container rates next year

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TradeWindsweb site
AUGUST 22, 2016
  • Otto shareholders to weigh takeover bid
    Singapore-listed offshore vessel owner sets 14 September for vote on offer from executive chairman Yaw Chee Siew.
  • Too broke to report, Mercator gets SGX OK
    Approval comes after shipowner said it did not have enough cash to prepare financials.
  • SGX OKs Mercator annual report delay
    Approval comes after shipowner said it was too broke to prepare financials.
  • BP Shipping said to be selling four tankers
    Move not part of any grand strategy, but more like clearing out old tonnage.
  • VLCCs tick down as cargo splitting in view
    Spot earnings slide for third straight day; Clarksons Platou expects VLCC charterers to take advantage of low suezmax rates.
  • CSDC ups its stake in joint tanker venture
    Tanker unit of Chinese shipping giant Coscocs takes majority stake in clean tanker unit.
  • Primorsk takes $69.2m impairment pill
    Bankruptcy shipowning arm of Prisco delivers $67.5m loss in July after charge.
  • Hansson takes NAT spend past $2m
    Chief executive tops up on stock for third time in a week after hitting back at blogger.
  • TI chartering chief Ron Golding dies
    Tankers International loses well-respected face of VLCC sector just months before his retirement
  • Fire extinguished on Caribbean Fantasy
    Ropax now safely moored in San Juan Harbor after blaze, grounding and evacuation of passengers and crew.
  • Ship Finance dividend safe, Seaport says
    Magnus Fyhr begins coverage of Fredriksen-backed owner with a neutral rating.
  • UK Club warns over mis-declared cargo
    Insurer says 27% of incidents on ships related to inaccuracies over labelling.
  • SGX bid for Baltic wins 'significant support'
    Almost three quarters of shareholders have given their irrevocable backing to SGX offer.
  • Containerships closes on EU funding for LNG ships
    Finnish owner says order for four dual-fuel vessels has been recommended for European financing.
  • KKR snaps up $1.5bn of NordLB loans
    Private equity fund buys debt covering 100 ships from bank.
  • Kogas to order LNG carrier duo
    State-run Korean importer to boost struggling domestic shipyards with new contract.
  • JMU tipped to secure trio of VLCCs
    Japanese owners believed to have placed the contracts at compatriot yard.
  • Class society RS wins Palmali fleet deal
    Russian company to class more than half of Turkish tanker owner's ships.
  • Nigerian hope for winter tanker market
    Credit-Suisse points to growing demand as Nigerian capacity comes back online.
  • Odfjell tanker refloated in Australia
    Bow Singapore grounded on sandbar after steering system failure.
  • Seadrill contract cut not a restructuring game-changer
    SEB analyst explains Pemex move is another data-point in a market where a firm contract is not firm.
  • Capital erosion a threat for DSME?
    Struggling Korean shipbuilder could need fresh capital in order to avoid possible delisting danger.
  • Essar's Sharma takes top job at SCI
    India appoints private sector executive as new boss of state owner.
  • Pareto raises BW LPG as takeover talk swirls
    Market leader expected to grow giant footprint after classic tale of boom and bust for VLGC market.
  • Fred Olsen and HHI end rig dispute
    Norwegian owner and South Korean shipbuilder reach amicable agreement over newbuilding contract.
  • Indian crew to fight shock tax ruling
    Unions opposing decision by tribunal to tax 1.3m domestic seafarers on foreign ships.
  • Navix expands fleet with ship from Arne Blystad
    Mats Andersson-led firm plans to trade latest addition in North West Europe from end of August.
  • Deutsche Bank turns more positive on crude tankers
    Analyst says reduced ordering and more scrapping to have "profound positive effect" from 2018 onwards.
  • Bulk of pollutants removed from Transocean Winner
    Government gives go-ahead for semi-submersible to be refloated on Monday's high water.
  • Perisai Petroleum Teknologi seeks bond talks
    Malaysian offshore vessel company also announces extension to FPSO maintenance contract.

news on subscription
American Shipperweb site
AUGUST 22, 2016
  • Special Coverage: Container shipping industry likely faces tough times ahead
    Barzan is one of six 18,800 TEU containerships delivered to United Arab Shipping Co. during 2015 and 2016 Source: United Arab Shipping Compa...
  • Amazon to build 13th U.K. fulfillment center in Essex
    Amazon.com, Inc. has confirmed plans to build its 13th United Kingdom warehouse and distribution center in Tilbury, Essex, scheduled to ope...
  • Port of Vancouver volumes decline in first half 2016
    Total cargo volumes at the Port of Vancouver in Western Canada for the first half of 2016 fell 5.9 percent to 66.0 million metric tons comp...
  • Commentary: Is transit time still a service differentiator?
    Whether you're talking about third party logistics services providers or carriers, one thing that comes up regularly in the great rate deba...
  • No end in sight for intermodal rate decline
    Intermodal rates fell another 2.4 percent in July 2016 compared to the same month last year, according to the latest Cass Intermodal Price ...
  • Baltic Exchange agrees to be acquired by Singapore Exchange
    The Singapore Exchange (SGX) and Baltic Exchange said they have agreed on the terms for the acquisition of the Baltic by SGX in a deal wort...
  • Truckload rates fall for fifth straight month in July
    Truckload rates fell another 1.6 percent in July 2016 compared with the previous year, the fifth consecutive month of year-over-year declin...
  • AAR continues to rail against two-person crew rule
    The Association of American Railroads has submitted comments to the Federal Railroad Administration once again urging the administration to...
  • GRI Roundup: CMA CGM, Hapag-Lloyd, OOCL and MOL
    Ocean carriers CMA CGM, Hapag-Lloyd, OOCL and MOL announced general rate increases. CMA CGM will increase rates from Asia to Panama, Cuba ...
  • JAXPORT takes delivery of new cranes for bigger ships
    Three new super post-Panamax cranes arriving at JAXPORT from China Source: JAXPORT JAXPORT on Friday took delivery of three super post-Pana...
  • Former Norfolk Southern exec to lead Amtrak
    Charles "Wick" Moorman Amtrak on Friday announced that former freight railroad executive Charles "Wick" Moorman will head the U.S. governmen...
  • California woman sentenced for illicit exports to China
    The Justice Department on Friday said Wenxia "Wency" Man of San Diego was sentenced to 50 months in jail for conspiring to export and cause...
  • New U.S.-Mexico air transport agreement enters force
    A new air transport agreement reached between the United States and Mexico entered force on Sunday. The agreement was signed between the t...
  • FAA fines food shipper for illicit hazmat cargo
    The U.S. Transportation Department's Federal Aviation Administration (FAA) has proposed a $54,000 civil penalty against Gordon Food Service...




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