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24 October 2017 The on-line newspaper devoted to the world of transports 13:30 GMT+2




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Sched Netweb site
OCTOBER 4, 2017
  • US Coast Guard blames El Faro sinking on captain, crew and owners
  • Drewry notes east-west rate decline in World Container Index
  • APMT announces new docker deal, adding more temps at Gothenburg
  • Second-hand box ship market gives feeder vessels starring roles
  • Houston Ship Channel needs dredging after Hurricane Harvey
  • BCOs to face challenging new service contract negotiations
  • US, Canadian, Mexican negotiators say gaps narrow in NAFTA talks
  • Panalpina's perishables network keeps expanding - this time into Germany
  • Cargotec's MacGregor sets up head office in Singapore
  • Fears that Malaysia's mega port projects risk failure: experts
  • Etihad freighter pilot dies at controls after Abu Dhabi take-off
  • JFK taxiway approved by Port Authority of New York and New Jersey
  • Southwest Air sees US$100 million loss from natural disasters

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Exim Indiaweb site
OCTOBER 3, 2017
  • CMA CGM to strengthen operations in the South Pacific with acquisition of SOFRANA Unilines
  • ITIC settles dispute after Turkey bars entry to vessel with Cyprus connections
  • Milaha launches NVOCC Tracking App for smartphones
  • NYK celebrates 132nd anniversary
  • Rizwan Soomar appointed SVP & MD, SCO Region, DP World
  • SAL introduces Marine Projects department
  • Schenker India appoints Paul George as Director Sales
  • Ground-breaking ceremony held for JNPT's Wardha Dry Port
  • JNPT moves ahead with facilitating transport solution under DPD
  • Wreckage of sunken fishing vessel removed from navigational channel of Cochin Port
  • DICT commences cold storage facility
  • Cotton Association of India appoints new office-bearers

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International Transport Journalweb site
OCTOBER 4, 2017
  • Malawi: MoU for Malingunde rail and port services
  • Contract for maintaining Saudi's 2,400 km rail line
  • Swisslog lands Coca-Cola contract
  • Ethiopian Airlines CEO signs last paper approval
  • Veteran goes into action for KVH in the Middle East
  • ECU Worldwide opts for external booking capacities
  • Hamburg - Changsha in around three weeks
  • WFS handles Airbus Beluga in Getafe
  • Tandem appoints new agent in Romania
  • Ahlers sells port agency business
  • Latvia and Kazakhstan cooperate in the rail sector
  • CEO Vogt to preside over Birsterminal board
  • New certificate for Agility
  • Horses jump to Ashgabat and back with Cargolux
  • PSA and IFM: green light for port of Mersin
  • Startup MPC going strong

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IHS Maritimeweb site
OCTOBER 3, 2017
  • Realisable value of EMAS Offshore's assets below 3%
  • BW Dry Cargo to work with Berge Bulk to operate Capesize buys
  • CMA CGM to take majority stake in SOFRANA Unilines

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The Loadstarweb site
OCTOBER 3, 2017
  • Slot constraints for freighters at major airports push shippers to seek new gateways
  • CMA CGM to increase its South Pacific footprint with acquisition of Sofrana Unilines
  • Creation of Ocean Network Express will be a turning point for NYK, says president
  • Africa Express Line orders 500 hi-tech StarCool reefers from Maersk
  • How freight forwarders add value to the logistics chain
  • David Kerr set to quit Etihad Cargo for pastures new

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Marine Logweb site
OCTOBER 3, 2017
  • Viking Cruises unveils plans for hydrogen fueled cruise ship
  • Metal Shark to build Navy's PB(X) next gen patrol boats
  • Rolls-Royce teams with Google Cloud to bring autonomous ships nearer
  • High tech Arctic communications without satellites
  • Damen outfits Multi Cat for shallow water dredging

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Lloyd's Listweb site
OCTOBER 3, 2017
  • Ecsa picks Martin Dorsman as new secretary-general
    Successor to Patrick Verhoeven joins from the Dutch Shipowners' Association
  • Minoan posts smaller profits as fuel prices bite
    Ferry operator concentrating on Cretan route after pulling out of Adriatic trades
  • Shippers warned over container cleanliness
    Efforts to protect from invasive species could affect free flow of containers
  • Shipping organisations push for better CTU code communication
    Uptake and understanding of packing code still low
  • Standardised port terms on trial at Rotterdam
    Europe's largest port has become a test bed for an initiative it hopes will help global port digitalisation
  • Diffusing the hype around the US oil export boom
    Shale versus sheikh makes for poetic justice, but the tanker sector should temper its expectations
  • Daily Briefing
    Euroseas reveals merger talks with Poseidon
  • Container shipping headed for a nightmare
    OECD's Olaf Merk lays bare the industry's rocky road if it fails to respond to issues surrounding competitiveness, protectionism and the...
  • China Europe intermodal 'could see a decade of 15% annual growth'
    Rail fortunes depend on Chinese subsidies and freight rates at sea
  • Reefer supply shortage means rates set to soar
    Increasing pressures from carrier consolidation are colliding with acute shortages of refrigerated containers, Drewry analysis indicates
  • Singapore, Malaysia and Indonesia start next phase of navigational safety initiative
    Littoral states signed memorandum of understanding to launch next stage of a joint hydrographic survey in the Malacca Strait
  • Gener8 Maritime to pay $19m less for newbuilding due to late penalty
    Vessel contract price reduced to $77.1m from $96.4m
  • NYK Line's senior official joins Ocean Network Express
    Takuji Nakai, NYK Line's corporate officer, will join as a senior managing director at Ocean Network Express
  • Seanergy Maritime reaps $11.4m gain from vessel refinancing deal
    Company refinances credit facility linked to a capesize vessel with a new senior loan arrangement
  • CMA CGM to take majority stake in SOFRANA Unilines
    Group expects to seal stake purchase deal by end-October
  • Oakland port authorities approve $11m rail infrastructure project
    Project will link the port to a logistics distribution centre currently under construction
  • SHI defers delivery for two LNG carrier newbuildings
    Shipbuilder in talks with Asian shipowner regarding a new delivery date
  • Seaspan seeks more cash via $80m notes issue
    Company to use proceeds to pay down debt and for corporate purposes
  • Kishore Rajvanshy named 2017 Lloyd's List Asia Pacific Awards lifetime achievement winner
    The 38-year industry veteran, who turned Fleet Management from managing one ship in 1994 to 450 ships today, will receive...
  • UK logistics companies' confidence rises
    Survey respondents are more optimistic about the future than last year, despite Brexit uncertainty
  • Grimaldi brothers raise the bar in clean ship technologies
    Italian group leading by example with investments in a new class of ultra-clean ro-ro ferries

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The Journal of Commerceweb site
OCTOBER 3, 2017
  • US House members: Do not extend Jones Act waiver
  • NY-NJ port considers options after chassis pool collapse
  • Rhine Alpine rail route reopens but damage done
  • With drivers scarce, smaller trucking companies add capacity
  • India's JNPT volume rises despite disruptions
  • NY-NJ port urged to uniformly extend gate hours
  • CMA CGM extends regional reach with Pacific island carrier takeover

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TradeWindsweb site
OCTOBER 3, 2017
  • ECSA picks Dorsman as secretary general
    Shipowners lobbying firm says new hire will bring 'sound knowledge' of shipping to his post.
  • No foreign ships take latest Jones Act waiver
    Hearing aims to take heat off US maritime industry, but uncertainty over law having affect on ship financing.
  • Safe Bulkers refinances $75m in bank debt
    Monaco-based dry bulk owner continues efforts to improve capital structure with latest refinancing.
  • Tidewater's warrants to start NYSE trading
    New Orleans-based offshore company plans to provide liquidity to holders of now cancelled common stock .
  • Stena Line officers could strike over job threat
    UK seafarers may be balloted by union as owner brings in foreign-flagged ro-ros.
  • Ark Shipping gets its hands on AHTS
    Delivery of Turkish-built ship to Russian owner emerges.
  • Diana Shipping gets bump up on panamax hire
    Athens-based shipping company secures better rate amid rebound in chartering for panamax ships.
  • StealthGas sells veteran pair for further trading
    Harry Vafias-controlled company sells two of its 1990s built vessels, sources say.
  • Seafarer electrocuted on bulker
    Chinese national dies on Shi Wei ship at Australian port.
  • GAC snaps up Belgium's Ahlers
    Ship agency giant expands in Europe with port agency acquisition.
  • ITF says C Star crew abandoned
    Union assisting seafarers on vessel used to try to prevent rescue of migrants in Med.
  • Seaspan Corp seeks $80m from notes issue
    New York-listed Seaspan is looking to raise $80m from a notes offering. The boxship specialist announced yesterday that it was planning the issue for maturity in 2027. In a subsequent statement Seaspan set its target and revealed the notes will carry an interest rate of 7.125% per year. A further $12m could come in should underwriters take up options available to them. Cash from the latest is
  • MPC Capital targets 100-ship fleet for boxship spin-off
    CEO Ulf Hollander's plan for more debt and share sales could lead to another 67 vessels being snapped up by MPC Container Ships; New York listing coveted.
  • Goldenport adds container vessel to fleet
    Greek owner has added to its boxship interest with latest purchase.
  • A tale of two Christmases for boxships?
    Freight data platform Xeneta says prospects differ for US and European markets.
  • Lukoil eyes Singapore marine oils move
    Russian energy group wants to buy a plant to boost lubricants division.
  • NOC: Libyan oil output to recover
    Chairman Mustafa Sanalla says 1m barrels of crude could be pumped within days.
  • Cido Shipping continues sales with double disposal
    Two products tankers have been cashed in to continue busy period for the company.
  • Gener8 Maritime slices $20m from last VLCC newbuilding
    Reduction to final vessel at HHIC yard includes compensation payment.
  • Tallink pushes up cargo numbers
    Estonian ro-pax group sees freight figures jump 12.5% in third quarter.
  • Hayfin and DNB shore up GulfMark Offshore
    UK fund and Norwegian bank lending $125m to restructuring US owner.
  • Oceanteam wins cable transport contract
    Oslo-listed owner providing barge, equipment and crew for Dutch job.
  • Richfield AHTS trio up for sale again
    Singapore court tries once more to offload offshore vessels.
  • PGS fleet utilisation edges up
    More multi-client use boosts Norwegian owner in third quarter.
  • CMA CGM acquires Sofrana Unilines
    French liner giant says move will strengthen its operations in the South Pacific region.
  • CMB teams with Warren Buffet in BWTS trial
    Belgian dry cargo owner and Sage of Omaha company to carry out trials on capesize bulker.
  • Euroseas eyes boxship merger with Poseidon
    All Greek tie-up would create containership fleet of 31 vessels of 120,300-teu capacity.
  • Singapore shipyard share rally overdone
    Don't hold your breath on the oil price rally stimulating new offshore orders, say local analysts.

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American Shipperweb site
OCTOBER 3, 2017
  • Trump to abandon public-private partnership funding in infrastructure plan
    The public-private partnership funding element of President Trump's supposed $1 trillion infrastructure spending plan, one of many campaign...
  • Commerce ups Q2 2017 U.S. GDP estimate
    Source: Sean K s/ Shutterstock U.S. GDP grew 3.1 percent during the second quarter of 2017, according to the "third" estimate from the Depar...
  • ACP to allow swapping, substitution of booking slots between alliance boxships
    Ocean carrier alliances collectively operate 14 of the 30 fully cellular container services that utilize the Panama Canal, according to Blue...
  • Drayage chassis supply tight at Seattle, Tacoma ports
    TRAC Intermodal says it's moving nearly 350 more chassis into the region to support the demand, but that in the meantime, all users are aske...
  • CMA CGM to acquire Sofrana Unilines
    French ocean liner CMA CGM will purchase Pacific Island-based shipping line Sofrana Uniliners via CMA CGM's subsidiary, ANL Lines, the comp...
  • Walmart acquires New York last-mile startup Parcel
    Big box retailer Wal-Mart Stores, Inc. (Walmart) has acquired the last mile delivery startup Parcel to provide scheduled, time-definite del...
  • Stifel: E-commerce to swell transportation budgets
    Stifel's transportation and logistics group this week predicted that freight transportation budgets will swell as e-commerce sales grow. T...
  • Mercury adds Integration Point denied party tool
    The on-demand transportation management software provider MercuryGate has established an agreement with cloud-based global trade management...
  • Africa Express Line purchases 500 reefers from Maersk Container Industry
    Africa Express Line (AEL) has purchased 500 new Star Cool Integrated refrigerated containers manufactured by Maersk Container Industry (MCI...

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The Bunker Bulletinweb site
OCTOBER 3, 2017
  • Capex to buy oil field in southern Argentina from Enap
    Capex, a junior oil producer in Argentina, said Tuesday it agreed to acquire an oilfield license from the Argentinian unit of Chile's Enap Sipetrol for $33 million.
  • Saudi king's first visit to Russia a bellwether for continued oil market cooperation
    Saudi King Salman's visit to Russia this week has already been hailed as "historic" by Arabic media, as the two long-standing rivals continue their warming trend that observers say augers well for their continued efforts to manage the oil market.
  • Congressional panel questions motives of Jones Act waiver for Puerto Rico
    President Donald Trump issued a 10-day US Jones Act waiver for Puerto Rico last week to appease the "foreign corporate energy lobby" and Wall Street interests, the Republican chairman of a House subcommittee said Tuesday.
  • Diesel futures' reversal weighs on crude before US data
    NYMEX November ULSD fell Tuesday, dragging crude futures lower as prices continue to come under selling pressure from traders closing out positions that benefited from September's rally.
  • OPEC/non-OPEC to discuss ways to monitor exports at Moscow meeting: Novak
  • Physical fuel oil hi-lo jumps on tight LSFO supply
  • Jan-Sept bunker test alerts top 2016 year figure: Veritas Petroleum
    One of the most common parameters to trigger an alert in residual fuels was density while for distillates, it was falshpoint and cold flow properties.
  • External: Wired Bunkering
  • External: Marine Bunkering(Rotterdam)B.V.
  • FUTURES: Crude dips amid unwinding of investor net length




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