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10 December 2018 The on-line newspaper devoted to the world of transports 22:42 GMT+1




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Sched Netweb site
FEBRUARY 10, 2017
  • Maersk Line lost US$376m in 2016 - parent company in the red for $1.9b
  • Maersk pays US$230,000 to settle Russian Anti-Monopoly Case
  • US posts its highest deficit in four years
  • S Carolina ports handle record 185,018 TEU in January
  • Capital improvements at Port of Oakland carry US$600 million price tag
  • GE to slash 250 workers at North Fort Worth locomotive plant
  • March conference on Africa ports expansion
  • Japan's air cargo forecast to grow 3.6pc in FY2017
  • Doha's HIA sees cargo volume rise 20.8pc in 2016 to 1.7m tonnes
  • IATA Cargo iQ develops 2nd phase of Smart Data project

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Exim Indiaweb site
FEBRUARY 9, 2017
  • AMTOI Day 2017 acknowledges the selfless service of the armed forces
  • INTTRA container orders surge 16 pc in 2016
  • Jacques Saadé appoints Rodolphe Saadé Chief Executive Officer of CMA CGM Group
  • Maersk Line improves volumes & market share in 2016
  • India importing more wheat
  • APM Terminals Pipavav implements e-SMTP for paper-free Customs clearance procedure
  • Longest container vessel berths at Haldia International Container Terminal, Haldia Dock Complex
  • 'The allocation of funds for infrastructure development will result in long-term benefits for the economy'
  • Alibaba partnering with logistics & transportation companies to reduce shipping costs
  • Budget proposes doing away with import duty on nickel
  • Cabinet apprised of MoU between India & France in the fields of science, technology & innovation
  • CUSTOMS NOTIFICATION
  • Essar Projects bags contract for laying 100 km natural gas pipeline from Jalandhar to Amritsar
  • Exports showing positive growth since Sept. last year
  • Rationalised Customs & excise duties in Budget seen benefiting manufacturing & global competitiveness

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International Transport Journalweb site
FEBRUARY 10, 2017
  • On course for Industry 4.0
  • Securing market share
  • Repeat order for 3,000 new trailers
  • Rachel Morley joins Bifa board
  • Hamburg Süd opens own agency in Dubai
  • Reducing emissions with high cube swap bodies
  • Using a partner's warehouse
  • Investment in Jaxport a matter of authority
  • Gysev Cargo drives change
  • Perishables push up volumes from Reunion
  • Ifs and buts to Hamburg's fairway adjustment
  • Substantial growth in net income in 2016
  • Heart of Georgia Railroad in new hands
  • Swissport to handle Emirates Skycargo at three French...
  • Hillebrand's Marsili from Australia to New Zealand
  • Fair winds not headwinds expected in 2017
  • Rotterdam exercises modesty
  • Rail line to connect Kazakhstan, Turkmenistan and Iran
  • Jacques Saadé hands CMA CGM helm to son
  • Etihad Cargo with flat volume evolution in 2016

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IHS Maritimeweb site
FEBRUARY 9, 2017
  • Bertram Rickmers sells project carrier business
  • Enforcement failure undermining container weighing rule
  • Rotterdam loses more ground to Antwerp in containers
  • Bourbon and SBM Offshore see another year of offshore woe
  • Epic Gas posts loss for 2016
  • Marine fire expert highlights little-known ship hold fire risks
  • HMM slashes net loss to USD3.68 million
  • Maersk Line drive for market share boosts volumes by 9% in 2016
  • Mitsui Engineering and Shipbuilding to expand energy-related business
  • Mid-sized Japanese ship operators expect to stay in profit
  • Precious Shipping loses USD75 million but predicts bulk market comeback
  • KDB chief vows no more bailouts for DSME
  • Courage Marine to sell Supramax for USD7.35 million

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The Loadstarweb site
FEBRUARY 9, 2017
  • Freight booking platforms: our beef is with inefficiency - not forwarders. But can online booking deliver?
  • IATA takes a dim view of growth predictions for air freight in 2017
  • Echo Global profits hit, but cost of Command integration will bring payback, says CEO
  • Best of both worlds on the waterfront, promises new ship agency
  • Etihad fails to boost cargo volumes in 'very tough' environment
  • FedEx Fulfillment looks to take on Amazon in SME e-commerce market
  • Rodolphe Saadé replaces father as CMA CGM chief

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Marine Logweb site
FEBRUARY 9, 2017
  • First U.S.-built Rotortug now in service with Seabulk Towing
  • NTSB: Boaters should be required to take safety courses
  • Dry bulk sector recovery ahead, says Drewry
  • CRS issues new report on Navy shipbuilding
  • Damen takes delivery of its 1,000th R-R azimuth thruster
  • New PrimeShip HULL software released by ClassNK
  • VIDEO: DNV GL unlocks maritime potential of big data
  • Polarcus to bareboat second vessel to Sovcomflot

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Lloyd's Listweb site
FEBRUARY 9, 2017
  • Globus clinches private placement and debt swap
    Bulker owner raises $5m from new investors and issues further shares to cancel $20m of debt
  • Frontline fires back at DHT board over takeover bid
    Fredriksen's tanker giant says its offer is 'highly compelling'
  • Xeneta secures further funding
    Cash boost for box pricing platform
  • Daily capesize earnings $1,900 below panamax
    Chinese fixings show recovery after New Year but record iron ore stocks could curb vessel demand
  • Newbuilding deliveries outweigh demand gains for LR product tankers
    Large LR2 and LR3 newbuilding tonnage is hitting the water
  • Bottiglieri says it has viable cash flow
    Naples-based dry bulk and tankers owner hails business as usual amid bankruptcy protection proceedings
  • Navios Acquisition posts reduced profits
    Longer-term charters cushioned owner from tanker market 'correction'
  • Europe likely to reject renewed Iran sanctions
    UK will build on nuclear deal to deepen ties, says ambassador
  • Shipping operations resume in Western Australia following tropical low
    Ports reopen with caution as weather front moves inland
  • Yang Ming to stumble but not fall
    Taiwanese carrier will likely survive its financial crunch through refinancing and better earnings
  • Tell me the truth
    'Fake news' is not such a modern invention, despite the US president's trumpeting
  • Clock is ticking for Maersk Tankers
    It is crunch time as the chief executive and his team work with the energy management team and board of directors of AP Moller-Maersk to decide the fate of the product tanker company
  • Losses on vessel sales lead to wider 2016 deficit for Precious Shipping
    Thai dry bulk operator says continued scrapping necessary for better 2017

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The Journal of Commerceweb site
FEBRUARY 9, 2017
  • Pallet by pallet, US LTL trucking demand grows
  • Port Arthur prepares to expand breakbulk capacity
  • US imports to jump on consumer spending
  • Rickmers Group sells breakbulk/project carrier
  • 272-ton crane makes first lift at Milwaukee
  • Hamburg gets conditional OK to deepen Elbe River
  • Interest in US surface transport acquisitions rises
  • Rotterdam container trade resumes growth
  • Transport providers adjusting to Amazon threat
  • JNPT gains clients for struggling import plan
  • Maersk gained share from 2016 price war

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TradeWindsweb site
FEBRUARY 9, 2017
  • DOF bond convert puts Mogster in minority
    Bond investors exchange debt for equity that leaves largest shareholder with 49.97% of offshore vessel owner.
  • Burke: tanker supply overwhelms demand
    Ridgebury CEO questions outlook for 'manageable' fleet supply growth.
  • Navios Acquisition suffers dip in profit
    But New York-listed tanker owner's long-term charter book keeps rates above market.
  • Twin attraction continues Maersk Tankers pool push
    Momentum around new membership continues amid gloomy product market outlook.
  • Songa Bulk seeks $50m from placement
    Arne Blystad-led owner looking to raise more cash to fund asset play project.
  • KDB: no new cash for DSME
    State bank will not pump more money into yard despite big looming debt payments.
  • Bottiglieri: it's 'business as usual'
    Owner says don't confuse its restructuring process with those of companies in financial difficulty.
  • Tsakos family explores new private equity partnerships
    Private arm of Greek owner is studying approaches from a number of private fund investors, but has made no commitment yet.
  • Frontline keeps chase for DHT alive
    Oslo-listed owner makes its case for takeover after seeing initial approach receive cold shoulder.
  • Nigeria thwarts attacks on tanker, LPGC
    Navy fights off pirates targeting Naftomar and Teekay vessels.
  • HNA Group merges shipping and tech arms
    China's group's shipping and shipbuilding activities are being swallowed up by its technology division.
  • GasLog closes Gastrade FSRU deal
    LNG carrier owner buying 20% of Greek company controlled by Asimina-Eleni Copelouzos.
  • Costs clobber SCI as profit plunges
    Indian state owner hit by higher charter, wage, fuel and repair expenses in third quarter.
  • Columbia-Marlow merger going 'swimmingly'
    Plans to combine Cyprus-based shipmanagers progressing well, Columbia boss says.
  • Xeneta pockets $12m from investors
    Freight benchmarking platform attracts fresh cash from Smedvig Capital and others.
  • Maersk Line settles with Russian authorities
    Danish conglomerate will pay $0.23m instead of an initial fine of $12m.
  • Loan provisions hit $962m at Commerzbank
    Shipping gets the blame for increase in losses at German lender.
  • Crewman killed in blast on cruiseship
    Exploding gas cylinder blamed for death on Emerald Princess in New Zealand.
  • Restructured Prosafe hires new CEO
    Cyprus-based owner reveals management reshuffle as it enters newbuilding negotiations with Cosco.
  • Stopford: time to plan for dry bulk recovery
    Clarksons man believes owners have to prepare now for inevitable market upturn.
  • Winning linked to Carval capesize
    Singapore owner said to have snapped up 2002-built bulker.
  • Yara International swings to loss in fourth
    Oslo-listed LPG carrier owner hit by lower revenue in final three months.
  • EMGS trims quarterly and annual loss
    A more stable oil price helps Oslo-listed company reduce its red ink with cost cuts on track.
  • Maersk Tankers confirms 10 LR2s at Dalian Shipyard
    Danish owner says newbuilding series is part of fleet renewal effort and contains unique optional element.
  • SCF in bareboat deal with Polarcus
    Middle East owner wins multi-year contract valued at $72m from Russian conglomerate.
  • CP Offen tanker pair sold for $36m
    Identity of buyer not yet clear as banks offload MRs.
  • American Shipping sells out $220m bond
    Tanker owner's Oslo debt issue "significantly over-subscribed".

news on subscription
American Shipperweb site
FEBRUARY 9, 2017
  • 'Transit cargo' moving to U.S. important to Canadian economy
    Source: JPL Designs/Shutterstock Speakers from the Canadian ports of Prince Rupert, Montreal and Halifax said sizeable portions of cargo mov...
  • Executive Moves: Iptor Supply Chains Systems and PayAnyBiz
    Supply chain management, planning and logistics software and services provider Iptor Supply Chains Systems has named Eric Dodd as chief fin...
  • Report: Yang Ming raises $54m in private share sale
    Yang Ming Marine Transport Corp. has secured more than $54 million via a private stock offering, according to multiple media reports. The ...
  • AP: Panama Canal still suffering from growing pains
    More than seven months since the opening of the expanded Panama Canal, the important Central American waterway is still suffering from grow...
  • Hyundai Heavy Industries turns profit in 2016
    Hyundai Heavy Industries (HHI) had a net profit of 682.3 billion South Korean won (U.S. $594.8 million) for 2016, up from a loss of 1.36 tr...
  • Rodolphe Saadé named CEO of CMA CGM Group
    Rodolphe Saadé has been named chief executive officer of the CMA CGM Group. On the occasion of his 80th birthday, Jacques Saadé appointed ...
  • Commentary: Comparing and contrasting India, China
    As the world continues to move forward from the surprises of 2016, it is worth examining how China and India, the two fastest growing major...
  • Xeneta secures second funding round
    The Norway-based ocean freight rate benchmarking platform Xeneta said Thursday it has raised $12 million in a Series B investment round led...

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The Bunker Bulletinweb site
FEBRUARY 9, 2017
  • DUTCH DATA: Port of Rotterdam crude throughput down 1.2% in 2016
    Throughput of oil products rose 0.3% last year, following an 18% rise in 2015.
  • INTERVIEW: Thailand's Precious Shipping completes Fleet Rejuvenation Plan
    "Eventually, we will likely install scrubbers a year or two later after the regulation kicks in."
  • External: Wired Bunkering
  • INTERVIEW: Monjasa sets quality as key to riding out bunker market upheaval
    "Where we take comfort is that we don't see our relative market share in any market declining."
  • TRADER NOTE: Bunker industry association appoints new CEO Justin Murphy
    Murphy was previously CEO of Brightoil Shipping in Singapore.
  • BHP Billiton approves $2.2 bil Mad Dog 2 Gulf of Mexico project
    BHP Billiton holds a 23.9% participating interest in the Mad Dog field
  • FUTURES 2: Crude edges up amid fall in US gasoline stocks
  • FUTURES: Crude edges higher despite near-record US crude build
  • Iraq reduces pumping at Basrah oil terminal for 24 hours-- status reports
    The reduction is due to work to install a new pipeline
  • ANALYSIS: Iran siphons off oil market share from capped OPEC competitors
    Iran was the only Middle Eastern producer to see exports rise in January




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