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03 April 2020 The on-line newspaper devoted to the world of transports 09:30 GMT+2

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Sched Netweb site
MAY 5, 2017
  • FMC rejects 'Big 3' Japanese shipping deal
  • Low freight rates drag Japanese carriers deeper into the red
  • Maersk uses first 2nd generation Triple-E vessel in Asia-Europe tradelane
  • APL boosts China-Indonesia tradelane with CS6 service
  • Many hurdles lie ahead for new Long Beach port chief Mario Cordero
  • Dockworkers on USWC given option to renew contract for 3 years
  • US GDP rises disappointing 0.7pc in Q1
  • Total Lubmarine commences new feed rate optimisation programme
  • UPS quarterly profit off 2.1pc to US$1.7 billion, but sales rise 6.3pc
  • Hong Kong Air Cargo takes to the air with a global vision
  • Lufthansa's cargo segment makes profit but group's net earnings widen
  • Fleet of narrow-body freighters said to grow by 2036

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Exim Indiaweb site
MAY 4, 2017
  • Ballast Water Management Convention in focus at Singapore conference
  • Baltic Exchange outlines plans to enhance maritime leadership role
  • Idle containership capacity down
  • IMDG Code 38th Amendment training programme at Narottam Morarjee Institute on May 12 & 13
  • APM Terminals Inland Services, South Asia emphasises 'Safety 24/7' on Global Safety Day 2017
  • MbPT invites tenders for infrastructure augmentation
  • Belgium's Foreign Trade Minister addresses IBLCCI's seminar on logistics in Mumbai
  • India planning for an integrated, multimodal transport system: Gadkari
  • Cabinet approves scheme to give renewed thrust to food processing infrastructure
  • National Steel Policy approved; import substitution a thrust area

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International Transport Journalweb site
MAY 5, 2017
  • Reviving the conferences?
  • Logistics division on upward trajectory
  • More capacity for BBC's apac service
  • Loxx locates new partner in Britain
  • Timber transport by rail - Austria leads the field
  • Data clouds over Brussels airport's cargo business
  • US carrier Matson makes management changes
  • Yes yes and yes again to board proposals
  • 2.4 km long train hauls 177 potash wagons
  • Time Matters automates tracking system
  • London P&I looks back in joy
  • Leave-taking at Lekkerland, new arrival in Austria
  • Nina Strippel now LUG deputy MD
  • Electronics to detect thieving "friends" in supply chain
  • Car logistics specialist out to get rival
  • What next after FMC's "no"?
  • Westjet and Cargojet enhance capacities

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IHS Maritimeweb site
MAY 4, 2017
  • Modest profit puts d'Amico back in the black
  • Vespermann promoted to executive chairman at Hamburg Süd
  • Bourbon takes more pain in first quarter
  • Higher speeds of container ships and dry bulkers send supply soaring
  • MPP alliances come and go
  • IMB highlights violence in recent piracy events
  • FSL Trust's Q1 profit up 51.9%
  • Project cargo market heading for patchy recovery
  • Singapore's Pan-United plans spinoff of ports business through HK IPO
  • Accident could delay Samsung HI's TOTAL platform delivery
  • Chittagong pins development hopes on Asian Development Bank
  • US sees growing challenge to ballast equipment testing
  • Yang Ming shares resume trading after two-week suspension
  • Revised South Korea-US trade deal would hit HMM and SM Line
  • China's shipyard giants post sharply contrasting Q1 results

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The Loadstarweb site
MAY 4, 2017
  • DHL and UPS facing more action by workers unhappy over job and healthcare cuts
  • Upbeat Atlas Air notes Q1 losses, but says 2017 is 'off to an exciting start'
  • Maersk turns Hamburg Süd blue at the top, but business model will sail on
  • VPLP Design launches Oceanwings, a rigid sail for commercial craft
  • Neel Jones Shah takes top air freight spot at Flexport
  • Ethiopia's humans rights problems may hinder global apparel ambitions

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Marine Logweb site
MAY 4, 2017
  • Matson, Philly Shipyard mark milestone in box ship program
  • VIDEO: Ingalls Shipbuilding launches LHA-7
  • Students come up with new ideas on SOx limit enforcement
  • Inmarsat Fleet Xpress passes 10,000 ship milestone
  • VIDEO: Navy slows pace of frigate acquisition
  • Kongsberg solution chosen for LNG fueled research ship
  • HOS reports red ink first quarter
  • AWO warns House panel of dangers in recent FMC decision

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Lloyd's Listweb site
MAY 4, 2017
  • Hamburg Süd director Peter Frederiksen to quit ahead of takeover
    Top executive to return to Denmark to pursue portfolio of business interests and directorships
  • Back to black for d'Amico
    Fiori says no to mergers, preferring to go it alone as prospects improve
  • Next two months crucial for Somali piracy
    EU Navfor warns of implications of another successful hijacking
  • Rickmers bond price hits record low
    Informal talks scheduled with bondholders as group fights for survival
  • Marshall Islands urges IMO to set temperature increase limit
    Pacific nations say their dependence on the maritime industry is superseded by the threat of rising sea levels
  • Streamline, reduce and preserve to survive offshore turbulence, says Bourbon
    Crumbling balance sheet forces offshore vessel giant into survival mode
  • Cape earnings at two-month low on weaker iron ore trade
    Western Australia and Brazil lull sees 14% drop in week
  • VLCC mini-spike fizzles out as rates fall
    Vessel oversupply rears its ugly head but new orders continue to land at yards
  • DSME puts subsidiary yard up for sale
    Offers sought for Samwoo Heavy Industry in latest move in to offload units as part of restructuring plan
  • Ottmar Gast moves up as Hamburg Süd management reshuffled ahead of takeover
    Update: Peter Frederiksen to leave Hamburg Süd as Maersk Line confirms it plans to keep acquisition target's business model intact
  • Westports bidding for building of new Colombo terminal
    Port operator's move follows expectations that Alliance reshuffle may move some volumes away from Malaysia
  • FSL Trust confirms Roger Woods as chief executive
    Former deputy chief executive has been acting head of trust after Allan Hatton's resignation
  • Yard overcapacity holding back newbuilding price recovery
    Owners take on shipyards in a tug of war over values
  • NAT's debt covenant breach leads to costly concessions
    Net asset value may be irrelevant to Hansson, but convincing investors has costs
  • DSME debacle triggers calls for global shipbuilding trade rules
    MLIT and VSM turn to OECD after failed past efforts
  • Matson expects modest volume pick-up on key trade lanes
    Boxship operator saw weaker net income for the first quarter on lower volumes in Hawaii and Alaska

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The Journal of Commerceweb site
MAY 4, 2017
  • Matson: Contract rates up but spot market uncertain
  • XPO Logistics finetunes US LTL business, boosts profit
  • DP World taps funds for India expansion program
  • Baltimore port's ambition to feed Midwest hinges on tunnel project
  • Air France-KLM sees cargo upturn
  • Bangladesh seeks foreign aid amid Chittagong congestion
  • India's top port off to strong fiscal year start
  • Weak growth sets back ambitious Japanese logistics company
  • Shanghai congestion improving steadily
  • Share trading of Yang Ming stocks resumes

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TradeWindsweb site
MAY 4, 2017
  • Coast Guard warns as ships hit by lasers
    Distracted pilot could lead to ship collisions, official says.
  • Reports of Cheng bulker buy 'premature'
    Sources say Shinyo International has not purchased last capesizes from Zhong An Shipping.
  • Koch fixes a third suezmax from TEN
  • UBS is 'concerned' about VLCC orderbook
    Tankers orderbook growth is worrying, but bank says to 'not to throw in towel yet.'
  • Evangelos Pistiolis adds MR newbuild at Hyundai-Vinashin
    Central Shipping Monaco extends products tanker series at Hyundai Mipo spin-off with new deal.
  • Trump's support for Exim might be fillip for multipurpose market
    Politicians have been making a bad market worse for US-flag operators in the multipurpose sector, but that could be about to change
  • Seafarers' wages protected from piracy under MLC
  • TMC Marine welcomes opportunities created by Bureau Veritas takeover
    Acquisition by classification society has potential to open a 'new avenue of work' and continue expanding
  • Vintage should be no bar to change, insists analyst Webber
  • Governance straggler trio pay out $85m to private companies in 2016
    Bottom companies in Wells Fargo Securities' corporate governance ratings continue ladling out management fees and commissions in 2016 disclosures
  • VesselsValue brings DCF method to offshore sector
    Offshore owners and banks will now be able to use VV from Monday to more than double estimates on asset values
  • 'Launched' OSVs sitting in limbo for much longer
  • Pipelay ships 'not affected' by Jones Act rule changes
    Debate emerges over whether new customs rule will affect pipelay vessels
  • Hyproc in fresh effort to sell off elderly LNG tonnage
    Sonatrach's shipowning arm recirculates 1970s-built workhorses after second newbuilding delivers
  • Price surfaces on small Jeju LNG ships
  • Repairs to Knutsen LNG carrier set to take months
  • Gail (India) emerges with long-awaited LNG vessel requirement
    But time-charter party contains rare seafarers clause that has industry talking
  • Selective vessel acquisitions possible, says Costamare
  • Boxship tonnage providers on look out for fresh opportunities
    New York-listed owners are scouting the market for investment partners on vessels to buy in the conviction the container market is heading north
  • GasChem's first Beluga 'whale' surfaces for all to see on the River Tees
    Hartmann showcases first of its eye-catching and highly innovative 'whale' ships designed for the US-UK ethane trade
  • IRClass targets Asian owners
  • US projects set to give big boost to LNG carrier rates
    'Destination diversity' creates greater tonne miles and tighter vessel demand
  • Niovis Shipping puts its last two vintage bulkers on the market
  • Bunker resellers look for end to era of slim margins
    When will the tight spreads give way to juicy returns? Shipping's market upturn and a 2020 emissions deadline provide fuel for hope
  • Soechi in frame to snap up MR tanker
  • Singapore's Continental still in buying mood - and this time it is thinking big
    Scrapping of smaller ships does not mean feeder operator is scaling back its ambitions
  • Sub-standard owners still colour public's perception of shipping
    Reputations of the best in the industry are damaged by the actions of the worst, and that has serious implications for all
  • Self-restraint in the good times is as vital as care in tough times
    Companies clinging to the side of the mountain and those who may have conquered the summit should be wary to prevent tumbling down the other side
  • MR tankers set for further gains as US refiners ramp up activity
    Freight rates are on the rise in anticipation of more production
  • Stena Weco scoops lower rate for Alterna MR trio

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American Shipperweb site
MAY 4, 2017
  • Norfolk Southern to implement new crew management system
    Norfolk Southern and software company PS Technology have agreed to develop a new train crew management and payroll system for phased future...
  • Maersk, Hamburg Süd to reshuffle management after merger
    Danish ocean carrier Maersk Line and the Oetker Group plan to shake up the management team of Hamburg Süd after Maersk acquires the German ...
  • DCLI, FlexiVan launch asset sharing program
    Chassis leasing companies Direct ChassisLink, Inc. (DCLI) and Flexi-Van Leasing, Inc. (FlexiVan) launched a new chassis pool model for the ...
  • House signs off on bipartisan 2017 spending bill
    The U.S. House of Representatives on Wednesday approved a $1.1 trillion spending bill to keep the federal government funded through Septemb...
  • Schneider commences Baltimore ramp service
    Green Bay, Wis.-based Schneider National, Inc. has commenced a new inbound and outbound intermodal ramp service to Baltimore, the trucking ...
  • Port of Barcelona to receive EIB warehousing loan
    The logistics zone of the Port of Barcelona will be receiving a loan from the European Investment Bank (EIB) to finance the construction of...
  • Lawmakers call for Shipping Act reform
    Is it time, once again, to reform the Shipping Act? The answer to that question is a resounding "yes," according to Rep. John Garamendi, D...
  • Matson reports lower first quarter earnings
    Honolulu-based container carrier Matson, Inc. reported a profit of $7 million in the first quarter of 2017, ended March 31, a 61.3 percent ...
  • Panalpina acquires majority stake in Danish forwarder
    Panalpina World Transport (Holding) Ltd. has acquired Danish freight forwarding and logistics provider Carelog, the company said in a state...

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The Bunker Bulletinweb site
MAY 4, 2017
  • ICE July Brent below $49/b as oil complex declines accelerate
  • External: Praxis Energy Agents S.A
  • May Med-North fuel oil swap at two-month high on weak barges, strong RMG MED: traders
  • ARA fuel oil arbitrage east opens on improved demand from Asia
  • Piraeus bunkers into seasonal trend of tight barges, high demand: sources
  • External: Wired Bunkering
  • TANKERS: BW orders 4 VLCCs after selling fleet, eyes DHT to acquire or manage
    Market sources put the value of the deal for the VLCC's at Won 378.4 billion.
  • FUTURES 2: Oil flat to lower amid mixed trends in US inventory
    Data released by the US EIA on Wednesday showed a decline of 930,000 barrels of US crude stocks for the week ended April 28 to 527.772 million barrels, a decline below expected levels.
  • TANKERS: MR outlook positive on Atlantic Basin demand, low orderbook: Ardmore
    "We are at the cusp of a significant rebound in earnings," said Ardmore Shipping CEO during the company's first-quarter 2017 earnings call.
  • BRAZIL DATA: March fuel sales rise, hint at recovery in demand
    Fuel distributors sold 2.402 million b/d of oil products in March, an increase of 2.0% from the 2.354 million b/d sold in March 2016.
  • FUTURES: Crude hovers at 5-month lows on stock data, strong dollar

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