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07 April 2020 The on-line newspaper devoted to the world of transports 17:37 GMT+2




free news
Sched Netweb site
JULY 29, 2016
  • Hutchison net profit up 31pc to US$115.7 million as sales fall 6pc
  • OOCL adds intra-Asia loop for China, Vietnam and Thailand
  • Latest Maersk-MSC 'back to the future' move favours Panama over Suez
  • Hapag-USAC merger deal done and dusted, now up to regulators
  • CMA CGM, Hamburg Sud, UASC withdraw joint Far East-USEC service
  • Dearth of coal plunges Norfolk Southern Railway revenues 10pc
  • CMA CGM to impose overweight charges and rate hikes
  • DP World signs MoU to develop container terminal at Kaohsiung
  • Winter storm closes South African Port of Durban for a day
  • Hanjin's debts cast a bad light on South Korea: Gerry Wang
  • Fears Cambodian garment exports to be hit by US trade deal
  • GAC opens offices as shipping demand rises in Russia's Far East
  • Boeing hit by first quarterly loss in 7 years as H1 profits plunge 63pc
  • UK makes London airport decision, but it's not Gatwick or Heathrow
  • California's Stockton airport to attracts business from Amazon
  • Cargolux flies 4 Indochinese tigers from Czech Republic to Hanoi
  • Berlin's Schonefeld and Tegel Airports register 14pc air cargo growth
  • Air Serbia offers cheap rates on Belgrade-New York bellyhold cargo
  • UPS expands 'Worldwide Express' in Asia to reach 117 countries

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Exim Indiaweb site
JULY 28, 2016
  • Importance of corporate governance in shipping industry stressed
  • Sino-Global signs Strategic Cooperation Agreement with COSCO Logistics
  • Dumping of steel from China, Russia & some other countries being investigated
  • Chennai Port & Hyundai Motors India commemorate a decade of partnership
  • Policy for award of waterfront & associated land to port-dependent industries in Major Ports approved by Cabinet
  • Multiple measures taken to boost rail freight
  • IL&FS Engineering Services wins Nagpur Metro Rail Project
  • Dinesh Gupta re-elected President of Gandhidham Chamber of Commerce & Industry for 2016-17

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International Transport Journalweb site
JULY 29, 2016
  • Digging deeper into vertical markets

free news
IHS Maritimeweb site
JULY 28, 2016
  • Van Oord buys Bilfinger offshore wind assets, and upgrades Aeolus
  • Concordia Maritime foresees further weakening of product tanker market
  • Samudera stays in the black despite fall in turnover
  • Study predicts 5% ocean freight growth until 2019
  • Crew kidnaps up as piracy concerns continue
  • Subsea 7 reports firmer interims despite generally weak market
  • Offshore marine companies REM and Solstad plan merger
  • Bureau Veritas marine business reports robust first half
  • Sembmarine 2Q2016 profit plunges more than 90%
  • Container lines widen intra-Asia coverage as trade improves
  • STX O&S to face four more years of losses, claims auditor
  • Masters and shipowners warned on soya bean risk
  • China dispatches its second Northeast Passage vessel of the year
  • Asia's hub ports in for a testing two years, warns ratings agency
  • Updated: Weak oil price, mounting debts sink Swiber Holdings

free news
The Loadstarweb site
JULY 28, 2016
  • Atlas Air shareholders could lose out in one-sided aircraft deal with Amazon, while Atlas executives stand to gain millions
  • Liability warning to forwarders and hauliers after hijacked tobacco court case ruling
  • ClassNK calls for upgraded steel plate tolerance in mega-boxship construction
  • Major US logistics companies report profit gains in Q2
  • DSV pads its wallet before making new purchases
  • DHL invests $137m in US e-commerce operation

free news
Marine Logweb site
JULY 28, 2016
  • VIDEO: LCS 4 executes live fire test of Harpoon missile
  • ClassNK R&D paves way for thicker plates in mega box ships
  • Paris MOU plans labor convention crack down
  • Sanmar set to deliver 150th Robert Allan Ltd. design tug
  • Damen eyes oil and gas decommissioning market
  • REM and Solstad agree to merge

free news
World Wide Shipperweb site
JULY 28, 2016
  • Port of Vancouver Commissioners Ok Vanport Trucking lease extension
  • Trade between NAFTA partners drops during month of May
  • MOL subsidiary approves deal for new floating regasification unit
  • Drewry report eyes future of LNG shipping segment
  • General Dynamics NASSCO delivers seven vessels in little more than a year

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Lloyd's Listweb site
JULY 28, 2016
  • Gener8 sells one, another 10 to come?
    Gener8's old tonnage could hit the market soon, what took so long?
  • American Club expands business into Houston
    Club views Texan city as an attractive and active maritime cluster with new opportunities to be explored
  • Pangaea Logistics lands additional COA business
    New and upsized contracts increase revenue projections for Nasdaq-listed dry bulk specialist
  • Concordia Maritime posts weaker results in the second quarter
    Stena unit dragged down by lower spot earnings but remains optimistic for long run
  • Results round-up
    Dry bulk owners stem the blood loss as tankers take a turn for the worse
  • Navios Midstream posts higher earnings in second quarter
    Increased numbers stem from larger fleet and extra $1.2m of profit sharing from VLCCs
  • GasLog Partners reports another strong quarter
    LNG carrier owner remains bullish on future for vessels in long-term market
  • Global Ship Lease seeks ship investment opportunities
    Update: Shipowner insulated from weak spot rates as chief executive says now a good time to acquire more containerships in secondhand market with firm charter commitments
  • Diana slumps to $31m second-quarter loss
    No new acquisitions divulged by Greek bulker owner despite speculation about capesize deal
  • Capesize earnings dip to lowest in two and a half months
    Sentiment 'gloomy' amid little activity in both Atlantic and Pacific basins
  • Sembcorp Marine posts 90% drop in second-quarter net profit
    Yard will "rigorously optimise its manpower requirements" under cost and liquidity focus
  • Dorian LPG slides into the red
    Subdued market conditions weigh on New York-listed VLGC owner
  • Singapore and Hong Kong more exposed to shipping line consolidation
    Operators at Asia transhipment ports more vulnerable to competition versus gateway ports, says Moody's
  • Seoul prosecutors charge another former DSME chief
    Ko Jae-ho allegedly overstated shipbuilder's net assets between 2012 and 2014
  • South Korea's Incheon port moves 8.8% more boxes in first half
    Bulk cargo volume handled in first six months rises 4.8% year on year
  • Gener8 Maritime boosts profit as its tanker fleet expands
    Vessel operating days rise 25% as newbuildings add muscle during the quarter
  • Headwinds push back Euronav profit
    Tanker giant blames seasonal trading patterns, combined with crude output disruption, for significantly lower profit
  • Euronav buys two VLCC newbuildings for $169m
    Belgium-based tanker owner adds pair from Monarch-controlled Madison Crude Carriers
  • Westports profit gains 31% as quarterly transhipment volume rises to record
    Malaysian port operator expects throughput to grow 5%-10% in 2016
  • Hyundai Mipo Dockyard profit jumps on cost optimisation measures
    But revenue continues to decline amid lower newbuilding orders
  • Samudera Shipping net profit dented by dismal industry conditions
    Revenue declines amid lower freight rates
  • Swiber Holdings to go into liquidation
    Revelation pulls down Singapore offshore stock prices
  • DP World and TIPC to develop port terminal in Taiwan
    Kaohsiung Port does not yet have the capability to attract growth from mega vessels, DP World says
  • VLGC owners warm to short-term time charters
    But spot market rate fails to inspire, hitting fresh seven-year low

news on subscription
The Journal of Commerceweb site
JULY 28, 2016
  • ILWU to consider vote on early contract talks
  • Julia Tomoko Nagano, long-time LA port representative, dies at 68
  • More women join drayage industry, but not enough to reverse driver shortage
  • Merger powers Echo Global revenue, volume growth
  • Shippers, railroads clash over switching proposal
  • India orders more efficient port land use as it steps up reforms
  • Florida-Mexico carrier upgrades Port Manatee service
  • Wind projects offer growth, challenges for breakbulk carriers
  • ODFL trucking revenue drops, but LTL pricing called 'stable'
  • Deutsche Bahn bounces back to black
  • Down market hits shipowners Costamare, Diana
  • Signs of growth on intra-Asia have carriers expanding coverage
  • Moody's: Industry turmoil to test Asian ports for next two years

news on subscription
TradeWindsweb site
JULY 28, 2016
  • Concordia Maritime sees profit fall
    Stena-linked tanker owner books reduced bottom line in weaker market.
  • Exmar sees weaker LPG and offshore
    Termination fee helps LNG results, but weaker VLGC rates bring operating profit down.
  • Marco Fiori: 'The best has yet to come'
    d'Amico International Shipping chief says summer slump is not the start of products down-cycle.
  • Scorpio Tankers meets Street expectations
    Scorpio largely in line with analysts' cooling expectations for products sector, but tops market with Q3 MR bookings.
  • GasLog Partners' fleet growth helps Q2 result
    Spinoff of Peter Livanos-backed GasLog sees small 'uptick' in spot market, but rates still weak.
  • Diana posts expected bigger loss
    Greek bulker owner sees its quarterly deficit more than double, in line with market expectations.
  • Sembcorp chops dividend as profit falls
    Singaporean shipbuilder's results are dented in the first half due to lower oil and gas activity.
  • Navios Midstream edges up profit
    VLCC owner benefits from increased revenue in second quarter.
  • Wintermar still in red but operations improve
    Indonesian offshore vessel owner sees first half red ink unchanged but utilisation rises.
  • Dorian delivers loss, seeks opportunities
    But chief executive John Hadjipateras seeks to shift focus to LPG trade's long-term prospects.
  • UK: ship accidents fell in 2015
    Number of investigations also dropped last year, according to Marine Accident Investigation Branch.
  • Star Bulk sells 2001-built capesize
    US-listed owner linked to $6.4m disposal of Star Monisha for scrapping.
  • NAT slashes dividend after 'solid' result
    Volatile market hits payout but new ships delivered without need for new equity.
  • Nonghyup could call in $178m of Samsung loans
    Korean bank will not renew terms in October if other lenders demand money back from shipbuilder.
  • Solstad shares climb strongly after merger deal
    Tie-up with Rem Offshore sends Oslo-listed company's stock skyrocketing.
  • Credit Suisse logs bigger loss at 'bad bank'
    Swiss shipping lender sees loan provisions increase in the second quarter.
  • Euronav: crude cooling seasonal not terminal
    New York-listed owner welcomes weakening asset values and shakes off concerns the bull run is over.
  • Lloyds sees second quarter impairments rise
    But UK lender pushes up net profit as it hails "strong" credit quality.
  • Subsea 7 takes two ships out of layup
    Profit rises for Oslo-listed offshore owner despite revenue fall in Q2.
  • Vallianz shares in freefall
    Investors ditch Singaporean offshore operator and shipbuilder after chairman quits.
  • Kirby Corp profits fall again
    US-based owner of inland and coastal tank barges says second quarter performance was in line with expectations.
  • Damen lands Angolan research ship order
    Angola's Ministry of Fisheries orders research vessel from international shipbuilder.
  • Liquidation looms for Swiber Holdings
    Directors quit as Singaporean offshore player files for winding up in the High Court.
  • Gener8 delivers on expected profit surge
    New York tanker owner reports 91% improvement in bottom line; confirms vessel sale.

news on subscription
American Shipperweb site
JULY 28, 2016
  • Air Transport: Cuban cargo decisions
  • On Second Thought: Filling the transportation industry's innovators vacuum
  • Bulking up
  • CIO Insight: The before and after of the RFP
  • Compliance 360: Putting more Customs officers in seaports
  • Executive Moves: SCI and Port of New Orleans
  • Shippers' Law: Decked
  • Ocean Transport: Breakbulk squeeze
  • Executive Summary - All the Right Moves: Importers Turn to Self-Filing
  • August 2016 Comments & Letters
  • Port of Incheon experiences surge in box volumes
  • Ryder Q2 profits fall despite increased revenues
  • DP World to develop terminal in Kaohsiung
  • MSC invests in container monitoring technology firm
  • ODFL sees Q2 net income jump 4.9%
  • Roadrunner earnings plummet in Q2, first half 2016
  • STB proposes new regulations to improve reciprocal switching availability
  • Scott Logistics acquires fellow freight brokerage Apex Freight
  • PwC: Trucking, logistics firms jumpstart M&A activity in Q2 2016
  • Costamare's profits, revenues slip in Q2
  • Diana Containerships posts $8m net loss in Q2
  • Echo posts strong second quarter
  • NEWS FLASH: STB proposes making reciprocal switching more available




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