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02 April 2020 The on-line newspaper devoted to the world of transports 04:59 GMT+2

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Sched Netweb site
MAY 27, 2016
  • CMA CGM levies Asia-Europe US$250/TEU peak season surcharge for June 6
  • It's official: FedEx now owns Holland's TNT Express for US$4.9 billion
  • CMA CGM's acquisition of NOL now cleared by Ministry of Commerce
  • Kuehne + Nagel chooses INTTRA to convey its VGMs to carriers
  • Clarification: IMO box weight rule not to be 'fully enforced' for 3 months
  • Maersk launches late June fast-acting China to Latin America service
  • RUSCON's automated loading system speeds up handling of Russian fertilisers
  • French transport grinds to halt as unions cut of fuel over labour reforms
  • Indonesia's shipping industry on right track with President Widodo: IMO chief
  • NVOCCs transport more US import containers than ever
  • New corporate unit at Dachser will bundle R&D with logistics solutions
  • Guangzhao's Longhao Air approved to fly cargo in and out of Guangzhou
  • HNA seeks 20pc of Portuguese airline after buying 24pc of Brazil carrier
  • AAWW pilots protest over ploy to 'drive down standards' amid contract row
  • Chapman Freeborn flies AN-225 with 232 tons from Germany to Abu Dhabi

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Exim Indiaweb site
MAY 26, 2016
  • Learning from dishonesty
  • NISAA explains modalities of mandatory container weighment for inland trade
  • HPH announces SOLAS compliance readiness
  • Record handling of coastal ship at Mumbai Port
  • DB Schenker building its second largest logistics centre in China
  • Indian logistics market seen touching a value of $ 307 bn by 2020
  • Railway Ministry rolls out initiatives for ease of doing business in freight movement

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International Transport Journalweb site
MAY 27, 2016
  • More boxes, less profits
  • Deal with UASC on brink of closure?
  • Swedish freight railway nets large contract
  • Sweeping managerial changes at Werner
  • Further milestone for trimodal terminal Basel Nord
  • ASL acquires TNT's airline operations
  • Silver for fledgling service provider
  • New connections between France and Rotterdam
  • New global organisation for pharma transport
  • Fresh food faster via Marseille-Fos
  • US railroad overhauling infrastructure
  • Warehouse for pet supply retail chain
  • Financial expert to promote trade in Africa
  • Spain: new vehicles for firefighting
  • Back to box levels of late 2015
  • New Chinese cargo airline on brink of take-off
  • Arvato leasing space in Blonie
  • Anticipating new goods flows
  • Swiss associations not merging (yet)
  • Celebrating one year in Dartford

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IHS Maritimeweb site
MAY 26, 2016
  • Chabahar port deal makes hot topic of Indian President's China visit
  • Flexible enforcement of VGM rule comes as a relief to supply chain
  • Pacific Basin's USD150 million rights issue gets green light from investors
  • US port funding run aground by LGBT issues

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The Loadstarweb site
MAY 26, 2016
  • Forwarders warn of delays as French strikes bring chaos and congestion to transport
  • US freight industry coalition whistles up new plan to use more air cargo sniffer dogs
  • Ship scrapping accelerates ahead of Panama Canal re-opening, and victims get younger
  • Comment: Bewitched, bothered and bewildered as VGM weighs on our minds
  • World better to forget oil at $100 a barrel, says Norway
  • India could force Apple to alter supply chains for greater market share

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Marine Logweb site
MAY 26, 2016
  • Canada announces tweaks to National Shipbuilding Strategy
  • Conrad christens Woods Hole ferry
  • Rolls-Royce to design and equip Ostensjo wind farm vessel
  • Danaos opts for MAN Diesel & Turbo upgrades
  • d'Amico adds two eco-ships to its fleet
  • Alfa Laval PureBallast USCG testing moves swiftly

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World Wide Shipperweb site
MAY 26, 2016
  • Greenbrier buying percentage of Mexican railcar parts company
  • CMA CGM deal for NOL nets MOFCOM approval
  • Department of Commerce releases updated export opportunity information
  • General Dynamics NASSCO celebrates new tanker delivery
  • Third service to expand Maersk Line AC network

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Lloyd's Listweb site
MAY 26, 2016
  • D'Amico plans to sell several bulkers
    Family-run company makes adjustments to portfolio amid another couple of years of difficult market conditions
  • Italian class society Rina could list on the London stock exchange
    Chairman Ugo Salerno confirms recent acquisition of UK-based Edif group makes Rina prime for listing in either Milan or London
  • Zim posts $56m loss for first quarter
    Increase in liftings but market conditions hit bottom line
  • Enrica Lexie marine to return to Italy
    Enrica Lexie guard accused of murder allowed out of India while case jurisdiction is settled
  • Narrow arbitrages stifle VLGC rates
    Smaller LPG ships wait in the wings for their upturn
  • Transhipment trade at risk from bigger ships and bigger alliances
    New era in container shipping lessens the need for hub and spoke services, says analyst
  • HMM says agreement not yet reached in charter rate cut talks
    Line warns that unconfirmed reports may have adverse effect on negotiations
  • Tidewater forecasts covenant breaches as losses jump
    Revenue falls by a third as lay-ups rise again
  • Angola LNG hints at restart but date remains vague
    African project's seven ships continue to weigh on spot market, exerting downward pressure on freight rates
  • Landbridge Group acquires new box terminal in Panama
    The $900m project will be able to host post-panamax vessels up to 14,000 teu
  • Global anti-piracy fight needs greater imagination
    Lack of a cohesive operational and legal framework is the root of the problem of combatting piracy globally
  • Nordic Shipholding first-quarter net profit weighed by softer tanker rates
    Company to withdraw its five ships from Handytankers Pool
  • Paragon Shipping to transfer listing to OTC Markets from Nasdaq
    Company expects to start trading on OTC Markets in June this year
  • Royal Caribbean taps STX France to build three new ships
    Final contracts for vessels to be completed within second quarter
  • PDZ Holdings ekes out quarterly profit on tax exemption regulation
    Lower administrative expenses also helped improve result
  • StealthGas posts small first-quarter profit
    Harry Vafias-led LPG carrier owner in cash-preservation mode

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The Journal of Commerceweb site
MAY 26, 2016
  • Slowdowns plague ACE ahead of next phase this weekend
  • Felixstowe port details container weighing service prices
  • Forwarders see little sign of trans-Atlantic rate rebound
  • HMM's plan to order mega-ships could help secure alliance membership
  • Regional LTL truckers expand despite 'freight recession'
  • Major India ports off to strong fiscal year start
  • Zim slumps to loss as low freight rates offset higher volume
  • Idle box ship fleet falls to six-month low
  • Modern Terminals' two China ports will offer container weighing services

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TradeWindsweb site
MAY 26, 2016
  • Suezmax tanker rates get some relief
    Thursday saw rates spike as part-cargo fixtures in Black Sea get done.
  • Ministry to keep tab on Canadian yards
    Irving and Seaspan facing cost overruns and delays in $36bn newbuild programme.
  • Tidewater sinks 35% after covenant warning
    Investors flee from offshore vessel owner but analyst not surprised by debt talks.
  • Seadrill MLP follows parent in profit dip
    Spinoff of John Fredriksen-backed drilling contractor sees profit attributable to shareholders slide.
  • Sealink suffers from OSV slump in Q1
    Malaysian offshore vessel owner and builder falls to a loss in tough offshore markets.
  • Zim falls to $56m loss in first three months
    But Israeli container line says it is performing well compared to wider boxship industry.
  • Hanjin bulker arrested in South Africa
    Talks begin over settlement of charter fees for detained dry cargo vessel.
  • Essar Shipping faces battle over $47m charter award
    Indian bulker owner banks arbitration cash over cancelled SAIL COA deal.
  • Capital Product Partners makes S&P return
    Evangelos Marinakis-backed owner looking to sell 2013-built MR tanker in Singapore.
  • KDB downplays talk of HMM charter-cut deal
    Report cites officials at owner as saying Zodiac accepts fee reduction of around 25%; bank says talks ongoing.
  • Greece's DND sells last vessel
    Athens-based owner disposes of handymax put up for sale last year.
  • Fitch foresees bigger losses at NordLB
    Ratings agency warns that if the bank's disposal plan fails, deeper red would not be a surprise.
  • Low-key CS Shipping is done buying for this year
    China's biggest shipyard group has two shipowning companies, and they are apparently unacquainted with each other.
  • Hyundai Merchant Marine 'agrees charter cuts with owners'
    Report cites officials at owner and Korea Development Bank as saying Zodiac Maritime accepts fee reduction of around 25%.
  • Shreyas profit squeezed in Q4
    Indian boxship owner makes less in final three months as revenue declines.
  • Siem selling $223m of convertible bonds
    Investor raising cash to buy back notes exchangeable for shares in Subsea 7.
  • Siem Shipping keeps seven reefers busy
    Norwegian owner ties up vessels for another year on route between Ecuador and Russia.
  • Seacat strikes multi-vessel Dong deal
    UK owner wins contract for four crew transfer ships to be deployed to Burbo Bank project.
  • Stolt-Nielsen scraps veteran duo
    Norwegian owner sends 1986-built tankers to India for green recycling.
  • Greece rejects EU tax demands
    Government says it will not revise shipping tax law to bring it in line with European rules.
  • Seadrill delays Dalian jack-ups again
    Fredriksen-backed drillship owner agrees more delivery deferrals in China.
  • Over-worked Prosafe chairman steps down
    Floatel company appoints Glen Rodland to replace banker Harald Espedal.
  • Tidewater sees nine-fold increase in losses
    World's largest offshore support vessel operator hit by impairments and foreign exchange woes.
  • Royal Caribbean Cruises orders three more ships
    Cruise ship giant says orders placed based on reaction to recent arrival of Harmony of the Seas.

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American Shipperweb site
MAY 26, 2016
  • SGX in talks to purchase Baltic Exchange
  • Tulsa Port of Catoosa posts 23% surge in April volumes
  • Commentary: It's time to pull together on VGM
  • Descartes sees Q1 profits, revenues rise
  • NCBFAA: Don't let terminals, carriers pass VGM costs to shippers
  • ZIM reports $56m loss in Q1
  • Modern Terminals ready for container weighing
  • Peanut butter producers see trade spread with TPP
  • AA Cargo gains service in Africa via GSA
  • Executive Moves: Kerry Logistics and Glasgow Prestwick Airport
  • House committee passes WRDA bill

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The Bunker Bulletinweb site
MAY 26, 2016
  • Mumbai 380 CST delivered falls below Colombo after hitting 5-month high
  • GLOBAL VLCC TRACKER: Asian landings, Saudi departures inch higher
    Saudi departures hit month high.
  • Refinery, port strikes, fuel shortages continue across France
    Industrial action to continue Thursday.
  • NWE-Med arbitrage flows for low sulfur fuel oil boosted amid turnarounds, strikes
    Arbitrage cargoes shipped to Med from the North.
  • Rotterdam delivered bunker fuel premium to ex-wharf widest in 8 weeks
    As tighter market takes hold.
  • TENDER DATA: Taiwan's Formosa offers 15,000 mt fuel oil for June 11-13
  • Crude futures flirt with $50/b after EIA reports crude stock draw
    US commercial crude stocks drew by 4.226 million barrels last week.

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