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31 March 2020 The on-line newspaper devoted to the world of transports 15:05 GMT+2




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Sched Netweb site
APRIL 11, 2017
  • China COSCO Shipping to post US$38m Q1 net profit with volume up 54pc
  • Italy's Salerno box terminal gains three new container services
  • New shipping alliances offer less choice for shippers: Cargosmart analysis
  • Shippers implement back-up measures to deal with new shipping alliances
  • Trump presses Xi on trade and N Korea during US-China Florida summit
  • Shipping lanes in North Atlantic plagued by hundreds of icebergs
  • Port Klang expects volumes to hit 16.3m TEU by 2020
  • US rail freight volume rises 5.5 per cent yoy in March to 2.58m carloads
  • AP Moller's Damco launches digital freight forwarding start-up
  • Global air freight markets come out strong in February with demand up 8.4pc
  • Boeing signs US$3b MOA with Iran Aseman Airlines for 60 B737 MAXs
  • Heathrow to invest US$693m in expansion of Terminal 2

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Exim Indiaweb site
APRIL 10, 2017
  • 'The goal is to make each MOL business boast the highest competitiveness in the respective industries'
  • APL transforms Indonesia-United States trade lane with Pendulum Loop 1 service
  • APM Terminals' operations in Tacoma likely to cease by end of 2017
  • CMA CGM to resume Bijagos Shuttle service connecting India & Asia to cater to seasonal movement of cashew
  • HMM launches new loop connecting North China, Korea & Russia
  • HMM signs LoI with DSME for construction of VLCCs
  • Spot rates in a spot of bother
  • Trans Asian Shipping Services launches fortnightly coastal service linking ports in Kerala to Dharamtar in Maharashtra
  • India's trade deficit with China shows decline
  • DP World Cochin handles half million TEUs
  • Cabinet approves Rail Development Authority
  • DB Schenker extends LANDbridge product to Indian Subcontinent
  • ITR Forms reduced to seven for AY 2017-18; CBDT notifies
  • Multiple National Investment & Manufacturing Zones proposed
  • What will be India's ranking in 2017 by World Bank in "Ease of Doing Business"?

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International Transport Journalweb site
APRIL 11, 2017
  • Northern airfreight perspectives
  • Gothenburg-Zeebrugge service flourishing
  • Three into one will go
  • Jamaica sends special envoy to IMO
  • Intermodal traffic notes higher than average growth rate
  • Kicking off 2017 with major purchase
  • Direct Malaysia-USA connection up and running
  • Kathrina Weiss heading up real estate consultancy
  • Prima H3 certified for high speeds in Germany
  • Europe's first long range underwater locater certified
  • Waiting in the wings for e-commerce
  • MSC and ZIM enhance rotation of NE1
  • FP International picks MD Emea
  • Stepping up rail connections to/from Wilhemshaven
  • Pemco: P2F conversion for Air Incheon
  • UK forwarder launches express rail service to China
  • Intrepid delivers fifth A330-300 to Turkish Airlines

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IHS Maritimeweb site
APRIL 10, 2017
  • Hudong-Zhonghua secures Odfjell tanker pair
  • Asia-Europe container freight rate differential squeezed
  • Slump in newbuilding orders a concern for shipyards
  • China Merchants and Sinotrans complete merger
  • Cosco issues rare profit warning as Q1 rates, volumes rise
  • Egypt and DP World discuss Sokhna expansion as Suez offers discounts
  • Amid complaints, Sinoriches admits cashflow issues
  • Dry bulk rates soften in wake of cyclone Debbie
  • Merchant ships join search for Stellar Daisy
  • HMM books VLCCs at DSME

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The Loadstarweb site
APRIL 10, 2017
  • First freight train from UK sets off as China-Europe rail services soar
  • DX Group internal battle heats up on news of possible merger with Menzies
  • Ports of Georgia and Virginia get green light for talks on box terminal alliance
  • Eastbound box shipping capacity crunch could last for months, says Drewry
  • DHL enjoys rates boost as demand keeps air and sea volumes high
  • Knight and Swift to combine to create $5bn US trucking operation
  • Flight dispatchers reach tentative agreement with Atlas Air and Polar Air Cargo

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Marine Logweb site
APRIL 10, 2017
  • Hijacked bulker free following combined naval response
  • New specialty marine insurance available
  • Hyundai Merchant and DSME sign LOI for VLCC series
  • Ice class SAR tug/supply nears completion
  • TMC to supply compressors for FSRU newbuild
  • Gulf Marine Services books European wind farm contracts
  • Wartsila signs BWMS agreements with major shipyards
  • Damen acquisition will grow repair muscle in Rotterdam

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Lloyd's Listweb site
APRIL 10, 2017
  • Three quarters of marine claims down to human error, says Allianz
    But good news is that shipping losses are down 45% over decade
  • Brussels signs off Maersk's Hamburg Süd acquisition
    German line must exit South American vessel sharing agreements
  • Greece seeks improved bids for Thessaloniki
    No new deadline announced for new offers from remaining bidders
  • Odfjell finalises $116m deal for two new chemical tankers
    Norwegian owner seals the deal with Chinese yard following last month's letter of intent
  • Leaking Polaris ore carrier awaits repairs
    Converted VLOC was due to arrive in China with Brazilian iron ore in early May
  • Tsakos hails Romanian yard as European shipbuilding beacon
    Daewoo-Mangalia has now delivered two thirds of TEN's aframax series for Statoil trading
  • Digitalisation must focus on business before technology
    Lessons from the past show the future lies in collaboration
  • Maersk Tankers and Torm offload ships in fleet renewal drive
    Both of the big name Danish product tanker players eager to stay attractive to charterers ahead of expected improvement in freight market
  • China Merchants Port offloads CIMC shares to affiliate
    Move is aimed to help consolidate core businesses
  • Attack thwarted on bulk carrier crossing the Gulf of Aden
    A naval helicopter was dispatched to confirm the location of the perpetrators on the vessel
  • First UK-Asia container train departs from London Gateway
    Rail service to compete with sea freight for time-sensitive cargoes
  • Easter holidays to cast a shadow over handysize freight rates
    Iranian cargoes support Atlantic market, while Pacific reaches standstill
  • Cosco and OOCL launch new Europe-Turkey service
    New service includes Felixstowe, Hamburg and Antwerp
  • Indian state-owned ports' throughput rises 6.8%
    Gains in crude and iron ore volumes offset lower coal shipments in 2016/2017 fiscal year
  • HNA Group to acquire Singapore logistics provider for $995m
    Deadline for the deal to be completed is by September 9 this year
  • Sembcorp Marine offloads stake in Chinese engineering firm
    Disposal is part of group's strategy to realise investments in non-core businesses
  • Hyundai Merchant Marine to order up to 10 VLCCs from DSME
    Deal scheduled to be finalised by July
  • Vard chips away at diversifying with deal to build live fish carrier
    Farmed rainbow trout producer Fjordlaks Aqua orders vessel based on Vard 8 50 design with delivery in third quarter of 2018
  • FMC approves East Coast Port Gateway Terminal deal
    Virginia and Georgia port authorities to start talks on commercial and operational issues
  • Cyclone Debbie to knock 15m tonnes of coal from the market
    Port stockpiles could be used but that is dependent on length of stoppages

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The Journal of Commerceweb site
APRIL 10, 2017
  • US Congress pressured to forbid alliances from joint contracting
  • Knight-Swift merger sets stage for more capacity control
  • Strong US import forecast could reverse trans-Pac spot rate slip
  • Oakland repurposes port properties to curb congestion
  • Japan customs suspension batters Yusen shares
  • Eurogate profit jumps but German terminal traffic stalls
  • JNPT hits target for speedy import program
  • EU OKs Maersk-Hamburg Sud deal with conditions
  • DP World mulls expansion of Suez terminal
  • US shippers press truck brokers for sharper 'visibility'
  • First China-bound freight train rolls out of London
  • Cosco predicts first quarter profit rebound
  • Ocean Alliance launches Jakarta-US direct service

news on subscription
TradeWindsweb site
APRIL 10, 2017
  • Seaport analyst lifts target for Scorpio Bulkers stock
    Investment bank bets on 23.7% premium in New York-listed bulk owner's shares.
  • USCG OKs fourth ballast treatment system
    More products come available as US Coast Guard steps up compliance efforts.
  • Ocean Rig receives Nasdaq delisting notice
    Exchange notice follows bankruptcy filing from George Economou-backed drillship owner.
  • Polarcus chair: 'Few signs of improvement'
    Seismic vessel owner's top leaders see continued challenges ahead for sector.
  • EU approves Maersk and Hamburg Sud deal
    Danish liner giant takes major step on road to sealing deal to take over German rival and aims to sell Mercosul Line.
  • Seaspan eliminates S&P fees to CEO Wang
    Move comes as largest shareholder of boxship lessor name two directors to larger board.
  • JP Morgan: 'VLCC orders worrisome'
    Bank raises alarm at growing backlog as 2017 newbuilding tally passes 2016 total.
  • Economou redraws revolver with DryShips
    Revised credit facility expected to help shipowner gain access to bank financing once again.
  • Damen buys Keppel's Dutch shipyard
    Singapore-listed group offloads Rotterdam-based facility to European rival.
  • VLCCs charge ahead
    All other tanker sectors slump, led by LR1s and suezmaxes.
  • Odfjell firms Chinese newbuilding brace
    Letter of intent at Hudong-Zhonghua has been turned into a firm contract, Oslo-listed owner says.
  • Wall Street examines bulker price push
    Analysts expect values to continue upwards with newbuilding interest not yet causing alarm.
  • Songa Bulk looks into capesizes
    Herman Billung-led owner could expand its focus beyond supramaxes and kamsarmaxes.
  • Gulf Marine wins trio of fresh contracts
    Abu-Dhabi based company inks long-term deals in Europe and a short contract in the Middle East.
  • Jinhui axes executive bonus payments
    Once controversial payments have now been reduced to zero at bulker owner.
  • Corporate Chinese turn to secondhand market
    Alibra Shipping data shows Chinese shipowners are increasingly interested in buying tonnage already on the water.
  • Panama Canal books 60 LNG transits to early 2018
    Expanded waterway sees demand f rom LNG market exceed expectations.
  • BW Offshore closes Gabon deal
    Oil field purchase has been completed by Oslo-listed company and sibling.

news on subscription
American Shipperweb site
APRIL 10, 2017
  • SCPA handles record box volumes in March
    The South Carolina Ports Authority (SCPA) handled 192,311 TEUs in March, up nearly 13 percent from March 2016, the port authority said Mond...
  • Commentary: Freight policy must keep up with the times
    Over the last century, the logistics industry has seen its share of progress. While the technology in today's warehouses might seem like s...
  • MarAd Executive Director says concern exists over mariner shortage
    U.S. Maritime Administration (MarAd) Executive Director Joel Szabat said the decline in the U.S.-flag domestic fleet and international U.S....
  • Trucking giants Swift, Knight to merge
    Two Phoenix-based trucking giants, Swift Transportation and Knight Transportation, will merge companies through an all-stock transaction th...
  • HNA makes offer for Singapore logistics firm
    Chinese conglomerateHNA Holding Group Co. Ltd. offered to buy Singapore-based commodities and logistics company CWT Ltd. on Sunday. The of...
  • Executive Moves: Lineage Logistics, Transervice Logistics and The Tioga Group
    Lineage Logistics has promoted Chris Timmer to the role of senior vice president of Sales & Value-Added Services. Timmer most recentl...
  • Kerry Logistics launches UK-China rail service
    China-based Kerry Logistics was scheduled to launch its first eastbound train from London to Yiwu, China on Monday. The train is scheduled...
  • MSC, ZIM add Limassol to Israel-North Europe loop
    Ocean carriers Mediterranean Shipping Co. (MSC) and ZIM Integrated Shipping Services Ltd. are adding a call at Limassol to their jointly op...
  • Port of Virginia box volumes jump 8.9% in March
    The Port of Virginia handled 232,148 TEUs of containerized cargo in March 2016, an 8.9 percent increase from the prior-year period, accordi...

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The Bunker Bulletinweb site
APRIL 10, 2017
  • ANALYSIS: US crude builds slow down, helping futures rebound
  • Oil futures rally stays alive after Libya invokes force majeure
    NYMEX May crude settled 84 cents higher at $53.08/b. ICE June Brent closed 74 cents higher at $55.98/b.
  • Rough weather, high demand buffer Gothenburg bunkers
  • External: Praxis Energy Agents S.A
  • External: Wired Bunkering
  • External: Marine Bunkering(Rotterdam)B.V.
  • FUTURES: Crude higher amid supply concerns
  • External: Global Risk Management
  • TRADER NOTE: Former J.P. Morgan middle distillates trader Yu Xiaoping joins Winson Oil
    Yu Xiaoping joined Winson at the start of April
  • ANALYSIS: OPEC/non-OPEC cuts may be at risk by Syria military escalation
    - Saudi, Russia, Iran leaders negotiated OPEC/non-OPEC deal - Output cuts up for review at OPEC's May 25 meeting - Tensions could influence Iran's May 19 election




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