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03 April 2020 The on-line newspaper devoted to the world of transports 09:48 GMT+2

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Sched Netweb site
MAY 10, 2017
  • Shanghai port box throughput rises 5pc to 3.3m TEU in April
  • Oversupply in shipping to remain for next 2-3 years: DBS
  • Strong fiscal year start for India's JNPT with box volume up 12.6pc
  • Taiwan's Premier wants 'friendly' ties with China
  • Raising of Bayonne Bridge to be completed 6 months ahead of schedule
  • US rail traffic continues to grow for the sixth month in a row in April
  • XPO Logistics posts Q1 net profit after being in the red in Q1 last year
  • IAG Cargo sees Q1 revenue drop 2pc to US$281m despite volume growth
  • Ceva in the red for US$57m despite increase in revenues and volumes
  • Etihad extends life line to Air Berlin after Alitalia bankruptcy
  • Air France-KLM suffers wider Q1 loss despite revenue growth
  • Budapest Airport handles record tonnage of Q1 cargo

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International Transport Journalweb site
MAY 10, 2017
  • Fleet makeover at Schuon
  • Increased capacity in mid-Atlantic region
  • May - the maritime month for New Orleans port
  • One step further
  • Efficient booking tool for port-hinterland transport
  • Logistics base for Paragon's offshore operations completed
  • Cargologicair welcomes third B747F
  • McLane promotes Maurici
  • Acquiring local expertise in Italy
  • AA Cargo adding several seasonal routes
  • Unveiling multimodal carbon calculator
  • Inter Manager welcomes three new members
  • Roberts to retire from Columbus airport authority
  • Strategic operational partnership established at ACE
  • 144 new wagons for log transport

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IHS Maritimeweb site
MAY 9, 2017
  • Gard scraps USD90 million deferred premium
  • Box ship charter rally loses momentum
  • Idemitsu Kosan and Showa Shell set up pre-merger VLCC alliance
  • DHT goes for USD300 million bank loan
  • Euronav orders two Suezmaxes for Valero charters
  • Expert panel to review DSME restructuring
  • China to increase controls on Belt and Road investments
  • Singapore offshore companies issue Q1 profit warnings
  • Addax terminates disputed BW Offshore FPSO
  • China Aviation Oil eyes more bunker volumes in Singapore
  • Bulk carrier prices continue upward trend despite freight weakness

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The Loadstarweb site
MAY 9, 2017
  • Union warning as DHL warehouse staff call off strike over transfer to Great Bear
  • Charter rate upswing means a reprieve for box ships bound for the breakers
  • Analysis: Swiss forwarders K+N and Panalpina have ambitious targets
  • Global volume vs rate debacle
  • What in the world is causing the retail meltdown of 2017?
  • New Loadstar LongRead: How to benefit from freighter and belly partnerships

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Marine Logweb site
MAY 9, 2017
  • VIDEO: Zero emissions, zero ballast - and zero crew
  • DFDS RO/RO newbuilds to have ABB shaft generators
  • Fairbanks Morse to supply diesel generators for LHA 8
  • VIDEO: USS Abraham Lincoln (CVN 72) on sea trials after RICOH
  • New FRS cat to have MTU engines and Kamewa waterjets
  • Saam Smit adds Damen ASD 2411 tug to Panama fleet
  • Drone helps cutter make major drug seizures
  • Spanish operator orders 109 m Incat wavepiercer
  • JonRie commissions new Double Drum Escort Winch
  • VIDEO: P&O Ferries four return from Remontowa refits
  • Euronav orders two at HHI, backed by seven-year charters
  • Sarah Kenny to be next BMT Group Chief Executive

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Lloyd's Listweb site
MAY 9, 2017
  • Innovate or die
    Container shipping drags itself into the digital era, at last
  • We're proud and in control, says DHT
    Tanker outfit says it is now in the 'premier league' of VLCC owners and refuses to be pushed around by others
  • Ballast water rules to help bigger owners in US trade
    Smaller players will not be able to compete due to compliance costs, says Eagle Bulk's Gary Vogel
  • Gener8's VLCC sales are opportunistic, says Georgiopoulos
    Tanker owner's first-quarter results beat forecast
  • Macron border control shake-up could hit ferry operators
    UK Chamber of Shipping warns over threat to end Le Touquet treaty
  • New guide aims to help seafarers affected by stress
    Charity issues guidelines for seafarers and close ones as stigma over seafarer trauma persists
  • Supramax rates ebb to two-month low amid weak Pacific and Atlantic trades
    But some expect market to recover on the back of increased grain movements
  • Data Hub: World Fleet Update
    As supply and demand balance stabilises, carriers and owners will need to maintain discipline on orders
  • New VLCC orders already more than double 2016 total
    Low prices at yards driving wave of ordering
  • Gener8 Maritime offloads VLCC pair to AET at $81m apiece
    Prices at a premium to market valuations
  • Shippers scrutinise carriers over Europe-Asia congestion
    Eastbound rates subside after two-month spike, but shippers are unhappy due to 'unjustified' surcharges, low-value cargo being priced off the trade, and ongoing backlogs
  • Emerging markets help to lift ICTSI first-quarter volumes by 11%
    Operations in Iraq and Democratic Republic of Congo boost total throughput numbers
  • Euronav inks two more charter deals with Valero Energy
    Tanker operator now has four long-term charters with refineries giant
  • China Merchants boss: 53 VLCCs is not enough
    CMES dismisses fall in freight rates as strong market fundamentals stir appetite for expansion
  • Maersk defends Alibaba trial
    Danish group dismisses reports of little interest in online platform for cargo bookings
  • Ocean Rig unit debt restructuring hits a snag
    Major stakeholder of unit opposes proposed restructuring scheme
  • Genco narrows first-quarter losses
    Company sees boost in rates and continues to improve the age profile of the fleet
  • Eagle Bulk reports narrower first-quarter loss of $11m
    Improved time charter rates and more chartered in vessels lead to higher revenue
  • Tepid tanker market and higher voyage costs hit DHT net profit
    Earnings per share come in below forecasts
  • Parakou founder CC Liu dies
    Mr Liu started his career as a ship engineer

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The Journal of Commerceweb site
MAY 9, 2017
  • Alliances cause US West Coast port delays
  • Free container database offers collaboration springboard
  • US import growth forecast to slow after strongest surge in year
  • Europe-ECSA rally makes southbound new headhaul
  • China steps up Belt and Road investment oversight
  • Productivity gains lift volumes at India's major ports
  • Rotterdam Port Authority acquires container rail shuttle
  • Rising China-Europe backhaul demand spurs new services

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TradeWindsweb site
MAY 9, 2017
  • Genco moves to offence with focus on M&A
    Chief executive John Wobensmith says New York-listed bulker owner sees focus on capesizes, ultramaxes and supramaxes.
  • Shell testing restart of Forcados exports
    Restart of major Nigerian tanker terminal could help suezmax market.
  • Eagle Bulk upsizes in charter swap and eyes more renewal
    New York-listed bulker owner switches handysize on long-term charter for ultramax as focus on the larger class grows.
  • DHT Holdings opens up on Frontline pursuit
    Co-chief executives discuss their position in takeover saga.
  • Navios Partners keeps up buying spree with another cape
    New York-listed bulker owner picks up third large bulker in as many weeks.
  • Black Sea Shipyard's loss mounts
    Ukrainian plant sees annual deficit grow threefold as revenue falls.
  • GasLog Partners tries for $121m in unit sale
    LNG carrier owner wants cash for potential drop-downs from parent.
  • CFO quits at yard group Cosco Shipping
    Singapore-listed company looking for permanent successor as Ma Hong Han steps down.
  • Restructured Havila reports big profit
    Offshore owner lifted by redemption of debt but utilisation remains low.
  • Bahri in major Shell VLCC deal
    Consolidation steps up as Saudi operator ties up deal to use Shell tankers for its Arabian Gulf exports.
  • Probe begins after crewman "stabbed" on cargoship
    Dutch police investigating incident on Universal Marine vessel.
  • Gener8 Maritime swells coffers with triple sale
    Peter Georgiopoulos points to important decisions providing significant flexibility.
  • Kenny replaces French at BMT Group
    UK engineering company appoints QinetiQ director as French departs after 12 years as CEO.
  • Alaska Tanker set to retire 2004-built ship
    Report claims that BP-affiliated company looks to withdraw suezmax that has faced technical problems in the past.
  • Moody's turns more positive on Navios Maritime Holdings
    Ratings agency encouraged by bulker market upturn and end of dispute with Vale.
  • Owner and staff jailed over ferry sinking
    Bangladesh court convicts company and nine workers after accident claimed 81 lives.
  • Brazilian OSV phoenix to rise from flames
    Broker Westshore cautiously upbeat on prospects as tenders increase.
  • Loading issues blamed for cargoship capsize
    Salvage plan being drawn up for Southern Phoenix in Fiji.
  • Bugbee back for more Scorpio Bulkers shares
    President picks up more stock in bulker owner amid positive comments from analysts.
  • McDermott gets 100% of Oceanteam vessel
    US owner buys remaining 25% stake in joint venture with restructuring Norwegian company.
  • Lone bondholder holds up DSME
    Korean yard trying to persuade opponent of restructuring to drop objection.
  • Commerzbank loan losses hit $212m
    First quarter provisions rise at German lender due to shipping woes - with more to come.
  • Euronav orders suezmaxes for long-term charter
    New York-listed owner says Valero Energy taking duo to be built at Hyundai Heavy.
  • Incat wins Spanish ro-pax newbuilding deal
    Australian fast ferry wins repeat business from Naviera Armas with third ship in as many years.
  • Top Spanish investor buys into Teekay Corp
    Kenneth Hvid-led tanker and offshore company says hola to be new significant shareholder.
  • China bauxite demand driving up ton-miles
    World's largest aluminum consumer having to go further afield for commodity, says Torvald Klaveness
  • Ezion Holdings set to post first quarter loss
    Singapore-listed offshore vessel firm says results impacted by depreciation of US dollar.
  • Denmark to help combat resurgent pirates
    Danish military to supply spy in the sky to counter renewed threat to shipping off Somalia.

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American Shipperweb site
MAY 9, 2017
  • Trump signs H.R. 244 into law
    President Donald Trump signed H.R. 244, the Consolidated Appropriations Act, 2017 into law on Friday. The U.S. House of Representatives ap...
  • NRF: Major U.S. retail container ports can expect imports to rise
    Source: trekandshoot/Shutterstock Ports covered by the Global Port Tracker handled 1.53 million TEUs in March, up 6.8 percent from February ...
  • St. George Logistics acquires Dicom's Extra Express division
    St. George Logistics (STG), North America's largest provider of outsourced container freight station services, has acquired the Extra Expre...
  • Antonov Airlines sets sights on overseas expansion
    The Ukrainian heavy-lift air carrier Antonov Airlines is preparing its aircraft fleet and expanding cargo sales for future operations in th...
  • LLamasoft lands new investment from TPG
    The supply chain modeling and design software provider LLamasoft said Tuesday it has received an investment by the global private equity gr...
  • Puerto Rico trade outlook uncretain following debt restructuring
    It's too early to tell how the decision last week by Puerto Rico to restructure $123 billion in public debt and pension obligations, essenti...
  • EC adopts measures within EU Single Market plan
    The European Commission (EC) adopted a package of measures last week within the "EU Single Market" to ensure European Union (EU) regulation...
  • Werner to implement MacroPoint's visibility platform
    Omaha, Neb.-based transportation and logistics services provider Werner Enterprises, Inc. will implement freight tracking software provider...
  • Port of Long Beach volumes jump 16.5% in April
    The Port of Long Beach handled 558,014 TEUs of containerized cargo in April 2017, a 16.5 percent increase from the same month a year ago, a...

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The Bunker Bulletinweb site
MAY 9, 2017
  • IFO 380 Buenos Aires fell to lowest level in over one month on ample supplies
    IFO 380 grades at Buenos Aires were assessed at $349/mt delivered, down $9, based on price indications around $350-360/mt delivered.
  • ANALYSIS: Iran's oil exports slip in April, loses market share in Asia
    - Exports fall 8% to 2.16 million b/d - Chinese, Indian demand ebbs - Stiffer competition from Saudis, Iraq - Austria to emerge as new customer
  • TANKERS: Sharp rise in inquiry provides firming pressure to freight rates
    All told, there were at least five cargoes working on Tuesday, with Vitol, Valero, Shell, Koch and PMI being represented.
  • Crude decline pushes implied volatility higher
    NYMEX June crude settled 55 cents lower at $45.88/b. ICE July Brent settled 61 cents lower at $48.73/b.
  • Med fuel oil blenders opt for Baltic M100 on strong finished-spec demand
    M100 is typically used as a blend component to produce finished grade fuel oil, especially at times when refinery produced RMG 380 is expensive.
  • NWE set to return from shortage of low metal LSFO: market sources
    Northwest Europe is set to return from a shortage in low sulfur fuel oil with a low metals content as one of two refinery streams that had been offline return to operations
  • Gothenburg fuel oil prices hit month low despite maintenance
    Sweden 380 CST fuel oil prices hit a month low Monday, closing at $286.00/mt. The last time levels were lower was March 31 at $285.00/mt.
  • Istanbul bunker market sees heavy congestion following poor visibility
    There are delays of three days through the Bosporus, both northbound and southbound
  • Gener8 Maritime well-positioned for growth with young fleet: CEO
    A young, well-positioned fleet gives Gener8 Maritime a comparative advantage over rivals, CEO Peter Georgiopoulos said Tuesday during a first-quarter 2017 earnings call.
  • FACTBOX: Spring refinery maintenance in Europe, Russia drawing to a close
  • External: Praxis Energy Agents S.A
  • External: Wired Bunkering
  • FUTURES: Oil largely unchanged on mixed outlook on supply

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