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20 October 2017 The on-line newspaper devoted to the world of transports 09:08 GMT+2




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International Transport Journalweb site
OCTOBER 2, 2017
  • TIR to play vital role as Jordan-Iraq border reopens
  • Large coils transported by rail and road to Greece
  • First drone operations in major urban area
  • Rhenus bundles timber operations
  • Hapag Lloyd goes for fair scrapping
  • Nussbaum welcomes new DVF committee members
  • Switzerland: fast-tracking railfreight traffic
  • Completion of Meridiana agreement
  • Panalpina continues shopping tour
  • BCT in Gdynia turns white
  • Three cheers! Rhine Valley rail artery reopens
  • Emirates Skycargo GDP revalidated
  • Tony Douglas returns to Abu Dhabi
  • UPS creates 700 new jobs in Chicago
  • New gear for Ports of Auckland's deepwater terminal

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IHS Maritimeweb site
SEPTEMBER 29, 2017
  • Sustainability firmly on the Grimaldi ordering agenda
  • US Gulf tanker volumes already back to pre-Harvey levels
  • LaNaval releases DEME cable ship for completion elsewhere
  • Total loss of grounded Kea Trader confirmed
  • MPC Container Ships adds more sub-Panamax tonnage
  • Ship operating costs fall for fifth year in row 2016
  • Vopak sells stake in Eemshaven terminal to investment manager Whitehelm
  • Abu Dhabi National Oil Company not immune from IPO
  • Yet another Chinese financing deal as Bocom signs sale and leaseback deal with Scorpio
  • KOGAS plans fifth LNG terminal in South Korea
  • COSCO Shipping International secures newbuilding contracts

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The Loadstarweb site
SEPTEMBER 29, 2017
  • Russia's VIM Airlines grounded after debts weigh too heavy
  • Asia-Europe spot rates still under pressure and carriers eye more blanked voyages
  • Extra freight capacity from Felixstowe rail upgrade 'will be filled almost immediately'
  • Zurich drone delivery test the first in a major European city
  • New M2M system will give more control over perishables supply chain
  • Are airport consultants worth the millions to create Illinois to China route?
  • China ban on waste imports leads to piles of paper

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Marine Logweb site
SEPTEMBER 29, 2017
  • VIDEO: Design of zero-emission autonomous box ship revealed
  • Metal Shark snaps up Navy order worth potential $90 million
  • LNG bunkering vessel system wins LR Approval in Principle
  • McCain seeks to make Puerto Rico Jones Act waiver permanent
  • Rolls-Royce marks research ship construction milestone
  • Why the White House granted a Jones Act waiver that wasn't needed
  • Ingalls awarded $29.3 million to start USS Fitzgerald work
  • GD BIW gets funding for two more Arleigh Burke destroyers
  • SUNY Maritime training ship sails to Puerto Rico

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Lloyd's Listweb site
SEPTEMBER 29, 2017
  • Restis readies new tanker spree
    Greek owner is in talks with yards in Korea and China, with Hyundai Mipo already identified for up to four...
  • Benghazi port to reopen on Sunday
    Port will have level 2 security under the ISPS code
  • Fall in shipping industry costs has now clocked up five consecutive years
    Insurance costs saw the steepest fall, says Moore Stephens
  • Daily Briefing
    A good winter lies ahead for product tankers
  • Elevated US LPG exports support VLGC rates
    US propane exports remain high for second consecutive week after hurricane disruptions
  • Yard Talk | Dear compatriots
    Lack of support from domestic owners overshadows Korean builders' prospects
  • Don't stop talking
    The SCOPE 2017 environmental crisis exercise showed the importance of good communications between people
  • Picket line drawn at APL's Los Angeles terminal
    Labour rumblings disrupt terminal during peak week
  • Shipping companies still not ready for privacy regulations
    Privacy regulations require boardroom attention to be ready in time
  • Grimaldi to splash $2bn on revolutionary newbuilding programme
    Ro-ro specialist investing $2bn in clean fleet
  • MPC Containerships adds three more vessels to its fleet
    Total cost of investment in the vessels is $21.6m including working capital needs and dry dock reserves
  • Northern sea route's importance to the industry may be exaggerated
    Northern sea route only viable to ports north of Shanghai at the moment, says SSA president Esben Poulsson
  • KSS Line rolls out new VLGC built by HHI
    The new ship will be deployed on a long-term contract of affreightment with Japan's JX Ocean to deliver LPG gas
  • Cosco Shipping Specialised Carriers changes chairman
    Company will also buy a secondhand semi-submerged vessel
  • Mitsui Engineering & Shipbuilding to set up standalone shipbuilding entity
    New entity will be called Mitsui Shipbuilding
  • Norway authorities issue $17m grant to build self driven electric boxship
    105 teu boxship set to replace around 40,0000 trucks with an annual driving distance of about 1m km and will...
  • Hoegh LNG raises $100m in preferred units
    Hybrid security will pay an annual dividend of 8.75%
  • Scorpio Tankers realigns debt through five-vessel sale and leaseback deal
    Bareboat charters diversify lending base and extend debt maturities
  • Cosco Shipping Leasing to issue $450m notes
    Proceeds will be used to develop business and repay loans
  • Senators push for permanent Puerto Rico Jones Act exemption
    Move comes after US Department of Homeland Security issues temporary waiver
  • APMT Gothenburg to hire temporary workers during peak periods
    Move comes after port's box volumes were hit by ongoing labour dispute with union members
  • Germany's bulker owners -going but not quite gone
    Shipping families are working hard to salvage their heritage

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The Journal of Commerceweb site
SEPTEMBER 29, 2017
  • Trans-Pac window closing for a peak season rate rally
  • Houston seeks 'resiliency' for channel, port after Harvey
  • ILWU picketing of LA's APL terminal holding into weekend
  • JB Hunt: Transport costs rising 10 percent or more
  • Shippers using Virginia port tap Richmond as distribution hub
  • Russian crackdown on misdeclared goods delays cargo
  • Near halving of Asia-Brazil spot rates seen as temporary
  • Asia-Europe spot rates slips further as China factories close

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TradeWindsweb site
SEPTEMBER 29, 2017
  • Jefferies: dry bulk outlook 'attractive' for 2017 and 2018
    New Vale capacity and slowing fleet growth feed bank's optimism.
  • CSAV sells shares for Hapag-Lloyd stake
    Chilean shipping company wants to boost its ownership stake in liner operator as it too raises capital.
  • Cosmo Oil stepping up fuel production
    Japanese refiner wants to take advantage of new shipping bunker rules.
  • Svanevik takes key role at John Fredriksen's Seatankers
    Former Aker man will take over day to day running of key private company.
  • Malaviya Seven auction date set
    Aberdeen sheriff court to sell Indian PSV next month to pay off crew.
  • MISC raises $46m from tank terminal sale
    Malaysian owner banks cash after disposing of CTSB stake to Dialog.
  • Grounded Lomar newbuild will have to be scrapped
    Lomar Shipping says structural condition of boxship stuck on reef since July is getting worse.
  • Finnlines eyes boost from Naantali expansion
    Grimaldi-owned group says port work will see bigger ships calling.
  • SBM VLCC set for offshore conversion
    SBM Offshore is set to convert one of its two VLCCs into an FPSO for an ExxonMobile project. The Dutch firm is expected to send the 309,000-dwt Tina (built 1999) into Keppel in Singapore for conversion work, Upstream reports. SBM had traded the tanker in the Heidmar pool, but the vessel is no longer listed on the company's website. It bought the ship as the Christina in 2014 from Greek owner Su
  • Fincantieri considers Naval share swap
    Italian and French yards could cement alliance on defence business.
  • Carnival chief sees quick recovery after storms
    Cruising to the hurricane hit Caribbean and Puerto Rico is expected to rebound by winter, Carnival Corp says. Hurricane Maria led to the death of 16 people in Puerto Rico last week and damaged infrastructure. Chief executive Arnold Donald told Reuters: "The resiliency of those people and the focus they have, I would be very surprised if they're not up and running before Christmas, which is the t
  • MPC Container Ships adds another trio
    Expanding start-up company brings fleet to 23 with $21.6m spend.
  • Hoegh Partners unit sale could hit $115m
    MLP prices preferred equity sale with debt reduction only a slice of the proceeds.
  • Courage cuts loss but market remains tough
    Bulker owner boosted by income from trading and property businesses.
  • Fred Cheng links to latest capesize dismissed
    Rumours linking Fred Cheng to the purchase of a capesize bulker are off the mark. Cheng's Shinyo International is tipped by multiple brokers to have bought the 172,000-dwt Mona Frontier (built 2001) from Kumiai Navigation of Singapore. Well placed sources tell TradeWinds the company neither bought or submitted an offer for the ship. Clarksons lists Shinyo International with three capesizes in
  • WWL buys back bonds after $126m issue
    Oslo-listed car carrier group spending cash from new debt sale.
  • EOL and Perisai share row flares up again
    Settlement agreement over joint venture lapses, leading to claim and counter-claim.
  • Kunlun boosts China LNG terminal presence
    Hong Kong listed company now controls PetroChina's three facilities with total capacity of 19mtpa.
  • Private equity firm scoops up Evac
    Finnish marine toilet maker changes hands to third investment firm in as many years.
  • US military extends Kinder Morgan charter
    American Petroleum Tankers sees second one year option for Jones Act tanker exercised.

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American Shipperweb site
SEPTEMBER 29, 2017
  • Chinese Ministry of Commerce approves UPS-SF Holding joint venture
    UPS and its subsidiary SF Express have been approved by China's Ministry of Commerce (MOFCOM) to move forward with its planned joint ventur...
  • Port of Corpus Christi Ship Channel free of vessel restrictions
    The Port of Corpus Christi ship channel is now free of all restrictions related to damage caused by Hurricane Harvey last month, the port a...
  • KAG develops plan to stem trucking industry driver shortage
    Ohio-based bulk transport and logistics provider the Kenan Advantage Group, Inc. is implementing a pay increase strategy "that's designed t...
  • Drewry: World Container Index down nearly 5% this week
    The World Container Index, a composite of container freight rates on eight major routes to and from the United States, Europe and Asia, fel...
  • Army Corps awards Soo Locks construction contract
    Morrish-Wallace Construction Inc., of Cheboygan, Mich., (d.b.a.) Ryba Marine Construction, was awarded a contract for more than $2.8 millio...
  • Enova grants Yara $16.8m for world's first electric, autonomous containership
    The Norwegian government enterprise Enova has granted chemicals company Yara 133.6 million Norwegian krone (U.S. $16.8 million) to build th...
  • MPC Container Ships posts first half loss amid vessel acquisition spree
    Oslo, Norway-based MPC Container Ships AS posted a net loss of $436,000 before taxes, according to the company's most recent financial stat...
  • Sens. McCain, Lee introduce bill to permanently exempt Puerto Rico from Jones Act
    U.S. Sens. John McCain, R-Ariz., and Mike Lee, R-Utah, introduced legislation Thursday to permanently exempt Puerto Rico from the Jones Act...
  • PANYNJ approves $215m JFK runway project
    A new $215 million high-speed taxiway construction project at John F. Kennedy International Airport (JFK) was approved Sept. 28 by the Port...

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The Bunker Bulletinweb site
SEPTEMBER 29, 2017
  • US oil rig count rises by 6 to 750, first increase in four weeks: Baker Hughes
    Increase came from Others category, Williston Basin
  • ICE Nov Brent expires above $57/b, ending strong month
    ICE November Brent expired Friday 13 cents higher at $57.34/b
  • Singapore Q4 ex-wharf 380 CST bunker fuel term contracts concluded at $4/mt premium
    concluded at premiums of around $4/mt to the Mean of Platts Singapore 380 CST high-sulfur fuel oil assessments.
  • External: Wired Bunkering
  • FUTURES: Crude stable, awaits fresh leads for direction




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