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19 January 2018 The on-line newspaper devoted to the world of transports 10:51 GMT+1




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Sched Netweb site
DECEMBER 6, 2017
  • French shipping, fuel giants tie up in enormous 10-year supply LNG deal
  • Carrier response differs on ending rate slide in slack season
  • Japan's exports up 14pc to US$2.6 billion, biggest jump since 2008
  • IMO seeks more spending, more rules to counter global warming
  • Biggest to call in Canada, 14,500 TEUer docks at Prince Rupert
  • US port and truck interests divide over Trump's tax reform measures
  • Queen Margethe leads Danish trade mission to Ghana
  • US Coast Guard: Breaking ballast water rules means penalties
  • Suppliers need to prepare for an end to fossil fuels, says ICS
  • TransContainer profit up 102pc to US$39 million as sales rise 37pc
  • New China-Europe route is rich in intermodal transfers
  • Cathay group volumes rise 4.8pc in October to 180,706 tonnes
  • Airport security man arrested at Mumbai airport for fake terror note
  • Vienna Airport expands cargo unit, opens cold storage pharma hub
  • Strikes hit Frankfurt cargo capacity, driving forwarders away
  • Munich airport tops all with 10pc more cargo to 270,000 tonnes

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Exim Indiaweb site
DECEMBER 5, 2017
  • Bunker suppliers called to prepare for death of fossil fuels in shipping
  • Classification stepping up to the digital challenge: IACS Chairman
  • CMA CGM Group merges subsidiaries MacAndrews & OPDR
  • COSCO tops container liftings in Q3
  • HMM tops schedule reliability in Oct.
  • IMO Secretary-General outlines challenges facing the Organization
  • India's global containerised ex-im trade records highest growth in Q3 2017, says report
  • MOL signs bauxite transport deal with Alufer Mining
  • SCI wins 'Training Award' at SAMEA Awards 2017
  • Somalia signs anti-piracy amendment
  • Marginal rise in coffee exports
  • Philippines delegation visits Jawaharlal Nehru Port Trust
  • VOC Port contributes to rehabilitation in storm-hit Nagercoil
  • Vice-President calls for strengthening SMEs
  • East Coast Maritime Forum 2017 in Kolkata to deliberate on key issues

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International Transport Journalweb site
DECEMBER 6, 2017
  • US class I railroad certifies three new sites
  • Irish food for Australia
  • Operational changes in Finland-China Container traffic
  • Another term for Voionmaa at FSA
  • APL joins ICC to prevent transport of fake goods
  • PANYNJ closes deal for JFK refurbishment
  • Hapag-Lloyd and K + N agree to cut CO2
  • Swissport lures communications guru from Lufthansa
  • Bauxite from Africa carried by MOL
  • Air Seychelles sets tonnage record

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IHS Maritimeweb site
DECEMBER 5, 2017
  • MOL wins preliminary approval for LNG-fuelled bulk carrier
  • Sembcorp Marine poised to win Shell FPU project
  • Samsung HI's stock price tumbles on forecast loss, capital increase
  • Polemis tankers get highest scrap price in India in 2017
  • DSME successfully sues over failed shipyard project

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The Loadstarweb site
DECEMBER 5, 2017
  • New general agency agreement aims to reduce shipping disputes
  • Cargo crime gang truck raid thwarted by Swedish post service sting
  • Analysis: high times for investors in Expeditors, but risks remain
  • This is how China is feeding itself
  • Vietnam to remove tariffs on autoparts from January
  • Judge sides with port truckers in misclassification fight
  • Xeneta strengthens its services with an NVO team

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Marine Logweb site
DECEMBER 5, 2017
  • Auramarine solution eases ECA fuel changeovers
  • EBDG to design new Miller Boat Line car/passenger ferry
  • Tilted thruster produces 20% more effective thrust
  • Euronav sells its oldest VLCC for FPSO conversion
  • USCG: Don't expect BWMS to be "plug and play"
  • NLRB issues complaint against Pasha Hawaii
  • Bureau Veritas inks deal to class CMA CGM LNG boxships

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Lloyd's Listweb site
DECEMBER 5, 2017
  • Brussels clears Cosco takeover of OOCL
    The European Commission has approved Cosco's $6.3bn bid to buy OOCL parent company Orient Overseas (International) Ltd
  • Dynagas Partners posts lower third-quarter earnings
    LNG carrier owner had forecast softer third-quarter results owing to temporary factors including drydocking
  • Nigeria LNG aims for more 'flexibilities' in sales
    More destination-free cargoes from the world's fourth ranked exporting nation could increase tonne miles
  • Global shipping outlook for 2018 remains negative, says Fitch
    Lingering overcapacity slated to undermine improvement in market fundamentals
  • Look into the crystal ball - and decide what to do next
    With a broad market recovery and a brighter outlook, owners have a chance to avoid past mistakes in 2018
  • Top 10 Technology leaders 2017
    In the run-up to publishing the annual Lloyd's List Top 100 most influential people in shipping on December 15, here...
  • RCL looking to expand in 2018
    Intra-Asia player cites narrower demand and supply gap and low idle fleet percentage as reasons for cheer
  • FMC future in jeopardy under Trump administration
    A Washington insider warns that the Federal Maritime Commission risks drifting into a state of irrelevance
  • Japan's MOL signs five-year bauxite shipping contract with Alufer Mining
    MOL's ocean shipping services will support Alufer's bauxite production scheduled to start in the third quarter of 2018
  • Euronav offloads another elderly VLCC for $45m
    Company expects to reap a $20.3m gain on the transaction
  • Scorpio Bulkers secures loan facility for three ultramax vessels
    Update: Golden Ocean and Tiger Bulk become Scorpio shareholders after recent financing deals, separately
  • Korea's maritime graduates see drop in job opportunities
    Fewer students also wanted to major in maritime-related subjects, study shows
  • Data Hub: World Fleet Update
    New orders remain limited but deliveries push fleet size to record highs
  • ABS creates digital leadership roles
    New senior positions and appointees signal shifting priorities
  • Capesize market sizzles to new heights
    The surge in the capesize sector has boosted the Baltic Dry Index to the highest level in almost four years
  • Australia and UAE climb the IMO ranks
    The two member states made history by gaining spots in IMO Council Category B

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The Journal of Commerceweb site
DECEMBER 5, 2017
  • Miami terminal back to normal after brief driver protest
  • Daseke adds three trucking companies to balance fleet
  • NJ tries again to rein in Waterfront Commission
  • Brexit talks breakdown stokes Europe transport fears
  • ODFL reports double-digit freight gains, rising yield
  • Floating terminal, new port eyed to ease Bangladesh congestion
  • ILA, USMX open talks amid optimism on contract extension
  • JNPT rules out changes to speedy import program

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TradeWindsweb site
DECEMBER 5, 2017
  • Union takes on Pasha for crew quarters
    US labour regulator sets January hearing on complaint about lack of disclosure for newbuildings.
  • Dynagas' earnings fall short on lower revenue
    LNG shipowner saw third-quarter revenue lessen amid lower utilisation and rates partly due to trading on spot market.
  • Mitsubishi Shipbuilding reborn
    Japanese yard dips into the history books as it takes on a new form.
  • Vroon fixes out VOS Start to MHI Vestas
    Walk-to-work ship to support Borkum Riffgrund II commissioning work.
  • JSW seeks 30 ships in $180m newbuild push
    Indian group wants to charter new vessels for coastal cement and steel business.
  • Havila Shipping lays up PSV
    Norwegian owner's latest move means 79 North Sea supply ships now stacked.
  • Korean Register launches drone surveys
    Classificiation society says new technology for inspections will reduce costs and downtime, and improve safety.
  • Olympic Shipping linked to third VLCC at Hyundai Heavy
    Greek owner said by some to have opted for an extra tanker newbuilding at Korean yard.
  • Three crew missing after cargoship sinks
    Search continuing after Sheng Hai lost off Shandong in storm.
  • Fitch Ratings stays negative on global shipping markets
    Capacity concerns mean ratings agency is not getting carried away with box and bulk upturns.
  • Sembcorp scoops Shell FPU job
    Singapore yard to build hull and topside for US Gulf Vito unit.
  • Tanker master held after Korean smash
    Final two bodies found following capsizing of fishing boat.
  • NCSP Group profit falls
    Russian port company NCSP Group has seen its profit fall back in the opening nine months of the year. It logged a profit of $359.354m in the period, down by more than a quarter from the same stretch of 2016. The slide in the company's bottom line came despite revenue inching up by 1.9% to $661.557m. The company did not offer any commentary to explain the factors influencing its performance.
  • Frederic Barnaud to take helm at Pavilion Energy
    Outgoing Gazprom Marketing & Trading chief to head up emerging Singapore LNG player
  • Shinyo International takes cover on capesize
    Fred Cheng company reported to have fixed out bulker bought last year on short period deal.
  • EIB provides $148m to Wartsila
    European investment bank coughs up cash for eco-engine research.
  • Songa Bulk set to move into the black in coming quarter
    Fourth quarter set to mark the beginning of profitable period, Pareto says.
  • Fujian Shengda makes dry debut
    Chinese company picks local yard for new handysize.
  • Uljanik Plovidba seeks debt refinancing
    Croatian owner's move to include partial rejigging of existing borrowings.
  • HSH Nordbank could go for $237m
    Three bidders vie for German lender in privatisation bidding.
  • Refiners seek VLCC term deals in India
    IOC and Bharat Petroleum switch to long-term tanker charter policy.
  • MOL signs bauxite capesize contract
    Japanese owner to ship cargoes from Guinea for five years.
  • Euronav profits again as it sells another VLCC
    New York-listed owner offloads oldest remaining ship for FPSO conversion - and gain of $20m.
  • China gas imports set for four-fold increase
    Clean air policy has resulted in a surge in demand with much of that being met by shipped in cargoes.
  • Sembcorp Marine close to semi-submersible sale
    After several false dawns Singapore offshore yard may finally sell ex-John Fredriksen rig.
  • Total to supply LNG for CMA CGM giants
    French oil major considering chartering LNG bunkering vessel to deliver fuel to ships in Europe.

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American Shipperweb site
DECEMBER 5, 2017
  • MOL begins 'multi-dimensional analysis' of causes of on-vessel incidents
    Japanese shipping company Mitsui O.S.K. Lines (MOL) and a subsidiary, will this month begin using multi-dimensional analysis of the causes ...
  • Old Dominion posts improved operational metrics
    Old Dominion Freight Line, Inc. (ODFL) reported operating metric improvements into the fourth quarter of 2017, withan increase in less-than...
  • Hapag-Lloyd, Kuehne + Nagel agree to cut CO2 emissions 17% by 2020
    German container carrier Hapag-Lloyd and Swiss-based transport and logistics company Kuehne + Nagel have reached an agreement to commit the...
  • CMA CGM sells 90% interest in Global Gateway South Terminal
    The CMA CGM Group has completed the sale of a 90 percent equity interest in Global Gateway South Terminal at the Port of Los Angeles, the F...
  • Could clean diesel tech help eliminate drayage related pollution?
    When the adjoining Los Angeles and Long Beach seaports approved an update to their Clean Air Action Plan (CAAP) environmental initiative in...
  • U.S. trade deficit rises 8.6% in October
    The U.S. trade deficit totaled $48.7 billion in October, an 8.6 percent uptick from September, as export value remained flat amid rising im...
  • Port of LA looking to attract investors via new purpose-built website
    The Port of Los Angeles has launched a new investor website so that it can better communicate with its invested stakeholders, including cur...
  • Canada strengthens ties with China, but trade deal remains uncertain
    Canadian Prime Minister Justin Trudeau and Li Keqiang, Premier of the State Council of the People's Republic of China, agreed to continue e...
  • U.S., Mexico launch border-crossing cargo pilot
    A six-month pilot program that allows the pre-inspection of U.S.-bound cargo in Mexico by U.S. customs officials has launched after six yea...

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The Bunker Bulletinweb site
DECEMBER 5, 2017
  • Oil futures rebound before release of US inventory data
    NYMEX January crude rose 15 cents Tuesday to $57.62/b ahead of weekly US inventory data expected to show a draw in crude stocks, while NYMEX crack spreads reversed higher after settling multi-month lows Monday.
  • Goldman Sachs raises 2018 Brent oil prices forecast to $62/b
    Goldman Sachs raised Monday its oil price forecasts for 2018 and 2019, citing a more optimistic view on global oil demand growth and the risk that OPEC could overshoot on efforts to rebalance the oil market.
  • PDVSA submits all contracts, senior positions to validation
    All contracts and senior positions in Venezuela's state-owned PDVSA will be reviewed as part of restructuring and the corruption investigation being carried out in the oil industry, oil minister Manuel Quevedo said.
  • Nov NWE HSFO barge volumes highest since Jan ahead of destocking
    Fuel oil barge volumes traded in Northwest Europe for November hit their highest levels since January this year as de-stocking ramped up ahead of the holiday season.
  • Malta bunker premium over benchmark reaches two-month high
    Bunker fuel in Malta strengthened to its highest point in over eight weeks against the regional high sulfur fuel oil cargoes benchmark Monday on good demand.
  • UKC-USGC Panamax rates surge on tight availability, strong interest
    Dirty Panamax vessel rates from the UK-Continent to the US Gulf Coast have surged to their highest level in roughly 10 months on tight vessel availability, rising bunker costs and increased interest for east to west deliveries of fuel oil and crude oil.
  • External: Wired Bunkering
  • TRADER NOTE: World Bunker Suppliers hires new Fujairah bunker trader
  • Wartsila, GTT ink deal to develop LNG fuel tank, supply systems for marine sector
    Wartsila and GTT will provide shipowners and operators with smart marine solutions.




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