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02 April 2020 The on-line newspaper devoted to the world of transports 06:01 GMT+2

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Sched Netweb site
MAY 25, 2016
  • IMO calls on member states to delay enforcement of VGM rule for 3 months
  • Bimco-ICS report warns of shortage of 15,000 officers by 2025
  • US farm exporters who ship containerised bulk blast UN's weigh-in rule
  • CMA CGM to make westbound call at Port Kelang on FE-Red Sea REX2 string
  • Box volume at Latin American ports up 1.7pc to 48 million TEU in 2015
  • Matson Shanghai-NYC express LCL service is set up to rival air freight
  • Phone app tells truckers how long it will be to get in, get on with it and get out
  • Global Shippers Forum backs Method 2 for VGM box weigh-ins
  • New Taiwan leader will not bow to 'One-China' policy, looks to build Asian ties
  • Envirotainer opens new service station in Delhi with pharma focus
  • Massive hydraulic pile driving hammer loaded in the Port of Hamburg
  • American truckload rates continue to show slowing growth in April
  • Air China receives first of 15 Boeing 787-9 Dreamliners on order
  • Sensibility of Oman's airport strategy is thrown into question: report
  • Oman looks to revise service level standards to boost capacity
  • CEVA streamlines customs clearance process in Brazil using locals

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Exim Indiaweb site
MAY 24, 2016
  • CMA CGM announces new westbound call at Port Klang on REX 2
  • FINS conference on multimodal logistics on June 17 in Mumbai
  • Further IMO guidance on SOLAS VGM amendment welcomed
  • IMO advises administrations & port state control authorities to give some initial leeway while implementing verification of gross mass of packed containers
  • Specification marks for UN-approved packages
  • UASC completes landmark, award-winning finance deal
  • Exports to GCC decline
  • Cochin Port woos Erode trade
  • DP World Chairman highlights need for better international cross-sector connectivity
  • MbPT Chairman takes part in deliberation on the development of Mumbai's Portlands
  • South-East Asia might soon be just a long drive away

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International Transport Journalweb site
MAY 25, 2016
  • New China train
  • Welti-Furrer acquires heavylift equipment
  • EU warns - railfreight still not on the right track
  • Korean-Iranian cooperation
  • ABC linking up two energy hubs
  • Industry veteran supervising O&G in South America
  • Malaysia Airlines developing stand-alone cargo unit
  • New name for CP Carga in Portugal
  • Hidden champions up, China and Russia down
  • Citizen Systems names MD Emea
  • Air China ends Ethiopia ops
  • Palletised freight network - magnet for new members
  • Ruscon enhancing loading system in Novorossiysk
  • New members enrich Logistics Hall of Fame
  • Staking a claim in Czechia
  • High level executive change at Karl Gross

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IHS Maritimeweb site
MAY 24, 2016
  • Seaspan prices 'surprise' offering despite market headwinds
  • Deepsea sector brightens Norway's horizon
  • Updated: French ports at heart of oil refinery battle
  • Offshore jackup crane vessel Vidar becomes Vole au Vent
  • A Ballast Water Management System for dredgers
  • Keppel Corporation, Sembcorp Marine sued by US investment firm
  • Busan to make USD5 billion newbuilding proposal to government
  • USD2.2 billion Oil Search acquisition tipped to double LNG shipments out of Papua New Guinea
  • HMM fulfils preconditions for meeting with bond holders
  • Golden Ocean seeks to delay deliveries to preserve cash
  • Iron ore stockpiles build up at China ports
  • Zhonggu Shipping orders four box ships from Shanghai Shipyard
  • China ports throughput returns to lower growth levels in April
  • Korean regulator: HMM's charter talks will proceed
  • Surveillance - the first line of defence
  • Maritime reacts to the terrorist threat
  • West African piracy 2.0

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The Loadstarweb site
MAY 24, 2016
  • Hanjin owes us $11.6m in charter payments, says Seaspan - carrier's 'business is at risk'
  • ASL takes over TNT's two airlines as FedEx deal completes
  • HNA Group turns its eye on Singapore with $1bn proposal to buy CWT logistics group
  • Panalpina to close JFK facility, leaving its cargo handling to third-party operator
  • IMO urges 'pragmatic' approach for first three months of new container VGM rules
  • SF Express plans reverse listing as its hunger for investment cash builds
  • How Unilever overtook Amazon in supply chain rankings
  • DB Cargo appoints gender diversity expert to push for more women in rail industry
  • Vietnam is globalisation's last big fan

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Marine Logweb site
MAY 24, 2016
  • Duckworth Steel Boats to build research vessel
  • Fincantieri Bay Shipbuilding delivers Moran ATB
  • Eastern launches 340 ft MPFSV for Harvey Gulf
  • ClassNK issues new guideline on noise levels code
  • Cat Marine hybrid thruster: more power, less fuel
  • Coco Yachts books order for Coastal Cruiser 298
  • IMO's MSC issues circular on container VGM headaches

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World Wide Shipperweb site
MAY 24, 2016
  • Draft EIS comment period set for Terminal 5 project
  • Crowley inks $21 million contract for San Juan terminal upgrades
  • United States joining Ukraine in Customs Mutual Assistance Agreement
  • Canceled Captain of the Port order allows vessel to depart Columbia River
  • Inchcape Shipping Services warns of upcoming dockworkers strike in Greece

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Lloyd's Listweb site
MAY 24, 2016
  • Novae poaches Bridges and Deering from Mitsui Sumitomo
    New hires will join marine team at Lloyd's insurer
  • Euroseas reduces losses in first quarter
    Greek owner expects both dry bulk and containers to struggle in 2016
  • Suezmax rates down 20% on softer West African market
    But aframaxes find support from Mediterranean, Baltic and Kozmino trades
  • MayBulk posts deeper losses for first quarter
    Robert Kuok-linked carrier hit by weak dry bulk rates
  • Shipping minister Goodwill urges industry to back EU Remain campaign
    Continued membership best for trade, he tells conference
  • Harris Antoniou installed as chief executive of Amsterdam Trade Bank
    Ex-AMCI man will lead bank's new strategy which may include space for shipping-related business
  • DNB eases covenants for Safe Bulkers
    Latest in string of deals with banks gives greater flexibility, says owner
  • Torm finance chief resigns to head up J. Lauritzen
    Peter Zacho swaps tankers for dry bulk challenge
  • UK shipping would be among Brexit big gainers, Tory politician claims
    Dozens of trade deals would follow EU withdrawal, David Davis insists
  • Sime Darby looking to list Chinese port assets
    Group would also consider mergers and acquisitions and swaps
  • Supramax index rises but underlying sentiment remains weak
    Cargoes from US Gulf provide support to some trades
  • Tax bill nudges American Shipping Company into the red
    Oslo-listed tanker player posts first-quarter loss
  • Golden Ocean delays new vessel deliveries amid loss
    Update: New chief urges supply side changes
  • Hamburg box traffic continues decline
    Slowdown in China and Russia traffic, void sailings and cancellations on Asia-Europe services dent first-quarter box numbers
  • HMM says creditors agree to $587m debt for equity swap
    Carrier to seek bondholders' nod for debt adjustment on May 31 and June 1
  • Melbourne posts higher container movements
    Total throughput in April up 4.3% on year
  • Port constraints and cash crunch stifle Venezuelan oil trade
    Analysis: Main crude terminal capacity halved while payments to shipowners are delayed
  • Philly Shipyard clinches financing for product tanker newbuilds
    Quartet scheduled for delivery over 2016 and 2017
  • Giuseppe Bottiglieri to shed product and chemical tanker fleet
    Italian owner enjoys staying private but will not rule out M&A with compatriots
  • Korean Register to form joint venture with Iranian Classification Society
    Joint venture to to provide plant certification and engineering services
  • Pioneer Marine axes final two newbuildings at Chinese yard
    Company will be refunded instalments already paid
  • Seaspan reveals $11.6m in arrears from Hanjin Shipping
    Company also received and rejected offer to reduce $43,000 daily hire rate for three 10,000 teu containerships

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The Journal of Commerceweb site
MAY 24, 2016
  • Congress considers opening floodgates for US port funding
  • Tool helps APL customers determine terminals' SOLAS policies
  • Seattle-Tacoma alliance bets on terminal to handle mega-ships
  • Russia rule change threatens to raise trucker, shipper costs
  • US container exports grow but far from blossoming
  • Estes Express Lines steps up final-mile delivery
  • HMM clears hurdle to bondholder meeting
  • Hamburg box volume still shrinking, breakbulk stalling
  • AirBridgeCargo launches new Mideast-US service
  • Eimskip to connect Greenland to global container routes
  • Restoration of container services to Portland hinges on labor
  • JNPT expands rail incentive plan to capture truckloads
  • Growth slows at China ports

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TradeWindsweb site
MAY 24, 2016
  • Storm data unreliable, TOTE master says
    Master of sistership that passed El Faro during Hurricane Joaquin noticed storm was not tracking forecasts.
  • Astomos signs up for B.C. LPG exports
    World's largest LPG trader by volume signs on for proposed terminal
  • Newbuilding funding starts now for TT-Line
    Tasmanian government calling in special dividends to help fund new ro-paxes.
  • Hapag-Lloyd postpones AGM due to UASC talks
    German shipowner says annual meeting will take place in August at the latest.
  • Deutsche downgrades Seaspan amid Hanjin exposure
    Shipowner sees rating cut to hold as it presses on with $85m fundraising effort.
  • Euroseas improves but stays in the red
    Tough conditions in both dry and container markets deliver negative result for Pittas-led company.
  • Lohmann joins Howe Robinson in Copenhagen
    Former Brostrom boss added to brokerage's projects team in Denmark.
  • STX France sells Lorient shipyard
    French group offloads facility to naval consortium Kership.
  • TOO: Sevan made mistakes in Logitel sale
    Owner hits back after being threatened with legal action in row over floatel company takeover.
  • Olympic Shipping strikes Canyon Offshore deal
    Stig Remoy-led company puts pen to paper for the joint operation of a subsea construction ship.
  • Davis: Brexit would benefit shipping
    MP claims long-term economic gains would work in industry's favour.
  • Wider loss for MBC in bulker blight
    A strong performance from Malaysian owner's tankers was not enough to overcome tough dry market.
  • J Lauritzen poaches Torm finance chief
    Mads Zacho will replace CEO Jan Kastrup-Nielsen at Danish owner as it cuts management team.
  • Fesco seeks bond payment extension
    Board of Russian containership owner proposes changes to the terms of debt issue.
  • Oslo bourse delists Bulk Invest shares
    Monday 30 May will be the last trading day for stock of struggling dry bulk owner.
  • Golden Ocean cuts first quarter loss
    Fredriksen-owned bulker player benefited from no fleet impairments after $141m write-down last year.
  • AMSC turns red but ups dividend
    US product tanker owner logs $2m loss in the first quarter but declares 4% higher dividend.
  • Creditors agree HMM debt for equity swap worth $638m
    But Korea Development Bank and others will only go ahead with relief if charter fees are cut.
  • 'Better adjusted' Havyard posts smaller profit
    Norwegian shipbuilder makes less in the first quarter but feels well positioned after restructuring.
  • Inside the crisis: how DVB tackles bad loans
    Troubleshooter Carsten Gerlach reveals team dealing with legacy assets, saying ship ownership is "never the end game."
  • MPC Capital's Q1 earnings cut back
    German asset manager cannot match last year's "exceptionally high" level.
  • FSC: neither 'optimistic nor pessimistic' on HMM
    Korean watchdog calls for cooperation from stakeholders as charter-cut talks go on.
  • Golar LNG Partners takes control of seventh FSRU
    MLP says Golar Tundra acquisition partly financed by new senior secured credit facility.
  • Vitol and Aegean trade first DME bunker derivatives
    Dubai Mercantile Exchange says firms now able to directly hedge fuel oil delivered in the Gulf region.
  • Seaspan plans stock offering; backers buy
    Containership owner plans follow-on offer of 5 million common shares.
  • Carnival disputes Australian sulphur fuel fine
    Cruise giant says it is now having ship fuel samples tested independently to ensure conformity.

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American Shipperweb site
MAY 24, 2016
  • AirBridgeCargo commences Houston-Abu Dhabi service

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The Bunker Bulletinweb site
MAY 24, 2016
  • Marine distillate to account for 10% of diesel demand in 2021: IEA
    Fuel oil will need to find a new use
  • Carnival fined for breaching Australian bunker emissions rules
    But samples taken subsequently were compliant.
  • Refining sector could handle 0.5% marine sulfur cap in 2020: IMO consultant
    Final report submitted in July.
  • French strike spreads across more refineries, ports: sources
    Further action likely.
  • Oil trader Phillips 66's recovery of OW Bunker dues hits snag
    Summary judgement against vessel owners dismissed, must pay costs.
  • Montevideo's IFO 380 CST at highest level since September on tight supplies
    Uruguay's ANCAP diverted most of its fuel oil production to the power generation sector.

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