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11 July 2020 The on-line newspaper devoted to the world of transports 07:49 GMT+2




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Sched Netweb site
MAY 12, 2017
  • KAMCO to take control of 20 Korean ships from six carriers
  • US import volumes to grow through the summer and into fall: NRF
  • Mega ships under new alliances call at Virginia and Vancouver
  • DP World's new container tracking solution sends goods faster to shops
  • PSA adopts new strategies to cope with alliances' mega ships
  • New US$200m container terminal to be built in Cambodia
  • Kerry Logistics to buy major stake in Italy's Tuvia Group
  • UPS to handle logistics operations for World Expo 2020 Dubai
  • Antonov Airlines gears up to expand cargo operations into HK and US
  • Atlas Q1 earnings swell to US$8.3m on back of higher volumes, rates
  • ATSG's Q1 profit soars 21.5pc to US$10m on revenues of $238m
  • Thai Airways is re-certified after meeting ICAO safety standards

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Exim Indiaweb site
MAY 11, 2017
  • Hamburg Süd acquisition to deliver substantial value, says A.P. Moller-Maersk
  • IIFF to commence 10th batch of 'Logistics, Shipping & Freight Forwarding Diploma' from Aug. 2017
  • MSC announces 'IMED' service between East Mediterranean & India
  • Rajive Kumar given additional charge of Secretary, Road Transport & Highways
  • APM Terminals Pipavav registers improved net profit in Q4 FY17
  • La Spezia Container Terminal registers record box throughput
  • Major Ports handle more in April
  • Prime Minister to launch key projects at Kandla Port on May 23
  • Lufthansa Cargo offering 'Road Feeder Service Cool'
  • Made in India Social Events & Messaging App HowdyDo! launched

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International Transport Journalweb site
MAY 12, 2017
  • Rail links between 'Chittagong and Kolkata
  • Azkar set to become Dachser
  • Serving all of China
  • More transit container trains through Mongolia
  • Introducing last mile deliveries in May
  • India banking on DP World for logistics development
  • A new warehouse near Bremen
  • New Enns-Piraeus rail link
  • Linda Collier wins Ciffa's Donna Letterio leadership award
  • Emirates' SkyPharma service wins award
  • Assessing links to and from the port of Felixstowe
  • New rail service between Italy and northern Europe
  • Munich-based RLI Investors appoints Katrin Poos
  • Turkish carriers adding routes to Russia
  • Good start to 2017 for port of Los Angeles

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IHS Maritimeweb site
MAY 11, 2017
  • Foreign vessel owners win US Jones Act battle
  • Rickmers suffers rebuff by bondholders
  • ZIM posts net loss in first quarter
  • Shipping lender DVB posts large pre-tax loss
  • Maersk Oil returns to profit in Q1 but warns of uncertain outlook
  • Cabotage rule change could hit Klang
  • Self-discharger delivered for Baltic cement trade
  • Taiwan Navigation books two Ultramaxes at Oshima
  • DFDS confident of outlook after good start to year
  • Central Shipping Monaco books another MR tanker at Hyundai-Vinashin
  • New South Korean government vows to continue shipbuilding support
  • Divestments on cards for APMT as West African operations struggle
  • Surging bunker prices drag Maersk Line to USD66 million Q1 loss
  • Weak markets see sharp fall in Maersk Tankers' profit
  • Maersk Drilling sees fragile recovery, but warns of further challenges
  • China's ICBC files to wind up EMAS Offshore subsidiary
  • CMES offers USD600 million loans to China VLCC after stock suspension
  • Navios outlines ownership structure of Rickmers Maritime fleet
  • KAMCO to buy and lease back 20 ships from South Korean companies

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The Loadstarweb site
MAY 11, 2017
  • DP World unveils app to track containers through 'black hole' box terminals
  • American Airlines promises record investment in cargo as the 'landscape changes'
  • 'Let the good times roll', says Kerry as it drives on down the acquisition trail
  • Rising bunker price in first quarter keeps Maersk Line sailing in the red
  • Express the star performer in Q1 for DP-DHL, but forwarding and supply chain profits dip
  • Cargolux eyes 2018 for China JV carrier take-off

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Marine Logweb site
MAY 11, 2017
  • Keppel AmFELS to build LNG fueled Pasha containerships
  • U.S. maritime groups slam CBP U turn on Jones Act letters
  • Hoppe Marine acquires Intering business from Rolls-Royce
  • Damen Maaskant books order for beam trawler
  • Higher bunker prices push Maersk Line into first quarter loss
  • Wartsila to power world's largest expedition mega yacht
  • Shell Marine introduces MILES program
  • WinGD adds another Full Mission Simulator to network

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Lloyd's Listweb site
MAY 11, 2017
  • When the price is right
    The value of anything is what people are prepared to pay at a moment in time, whether the people are Maersk or mere speculators
  • Odfjell stays stable despite soft conditions
    Gradual improvement expected for chemical tankers
  • Peel Ports fills head of containers role with APMT hire
    Former Rotterdam container terminal head of commercial will be responsible for all of Peel's container business
  • Emanuele Grimaldi steps up as ICS vice-chairman
    Italian shipowner becomes the association's fourth vice-chairman
  • Results Round-up
    Second-quarter figures from some top intra-Asia names.
  • Costa Concordia: The ISM Code under attack
    Industry viewpoint: Interpretation of regulation takes centre stage in Italy's supreme court
  • Capesize earnings bounce back on fresh demand
    Brazil and Australia fuel optimism
  • Mexico boost for Clyde & Co
    Local shipping law firm Garza Tello set to join international network
  • Søren Skou sees clear evidence of container trades recovery
    Contract rates in Asia-Europe and transpacific trades much higher as supply overhang shrinks
  • Maersk Tankers' profit slashed by falling rates
    Cost savings helped offset some of the damage
  • Rickmers future in doubt after crunch vote fails to hit quorum
    Insufficient turnout nixes bondholder settlement, despite majority in favour
  • LR product tanker earnings rebound on Asian naphtha demand
    Stifel notes more than 20 LR tankers switching to dirty trades in past six months
  • APM Terminals reports double-digit profit dip
    Weaknesses in emerging markets and terminal overcapacity dent the bottom line
  • More than 10 US Gulf LPG cargoes cancelled
    Chaos as trading conditions spark cancellations
  • China Merchants and Sinotrans & CSC to consolidate mega fleet
    CMES acquiring Sinotrans & CSC bulker and tanker fleets is a high-probability event, say industry sources
  • Giles Noakes dies unexpectedly, aged 62
    Security expert and architect of anti-piracy guide remembered as a 'wonderful man'
  • Yang Ming reduces losses
    Volumes up 14% in first quarter
  • Epic Gas posts wider first-quarter loss
    Weak earnings and higher expenses push loss to $3.3m
  • Taiwan Navigation orders $51m ultramax pair from Oshima Shipbuilding
    K Line meanwhile takes delivery of 250,000 dwt ore carrier
  • Wilh Wilhelmsen Holding results weighed down by industry slump
    Group expects soft market conditions overall to continue to drag on income for the short term
  • DryShips posts improved result as buying spree continues with Economou suezmax
    Company has 'come a long way' but rapid expansion phase now 'behind us', says chief executive
  • DSME secures refund guarantee for latest order
    Largest creditor Korea Development Bank supports $250m three-VLCC deal with Maran Tankers
  • Qingdao Port to raise up to $133m through shares placement
    Proceeds to be used to fund overseas terminal investments
  • Maersk Group returns to black with $201m profit in first quarter
    Container line still in the red as rising bunker costs take toll but volume growth of 10% pushes up market share

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The Journal of Commerceweb site
MAY 11, 2017
  • ACL considers Gothenburg exit
  • Yang Ming: US importers from Asia upped contract volume
  • XPO Logistics doubles last-mile footprint in Chicago
  • New alliances test US East Coast ports
  • Amazon, not e-logs, seen disrupting truckload business
  • Oil industry wins first Jones Act showdown under Trump
  • APMT Pipavav bullish despite volume decline
  • APL Logistics rides US-Mexico growth to operating profit
  • YRC's Welch: LTL truckers need aide in residential delivery
  • Outlook brightens for Zim as carrier slashes Q1 loss
  • APM Terminals Gothenburg slates six-week lockout
  • Deutsche Post DHL profit edges higher
  • Damco reports loss for Q1 despite revenue growth
  • New cranes help Montevideo terminal cope with ship upsizing
  • Overcapacity squeezes APMT profit
  • Duty-free truck fuel at UK ports pitched to offset Brexit customs costs
  • Rising bunker prices pull Maersk Line to loss

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TradeWindsweb site
MAY 11, 2017
  • Navios Containers heads to Olso OTC with $75m placement
  • Rickmers assets up for sale to avert crisis
    Harper Petersen stake and boxships put on the market as management bids to win support for crucial restructuring vote
  • Chemical carrier will see out days at Blystad
  • Capital banks profit on flipped capesize bulker
  • 'US projects set to give big boost to LNG carrier rates,' TradeWinds 5 May, page 14
  • Trafigura mulls large tanker order at Hyundai
    Market gripped by talk of Swiss trading giant making potential comeback as tanker owner with deal for 22 vessels
  • Ugland bags long-term hire with Statoil
  • Bariba looks to offload supramaxes and panamaxes
  • Tanker deals dominate demo scene
  • Transpetro scraps elderly tanker in India
  • Shell-Bahri deal surprises market and sets new VLCCtone
    Tanker consolidation moves see energy major making shift from charterer to freight controller
  • East of Suez rates make seasonal gains after early hit
    Improvement comes despite ongoing refinery woes in Middle East as the region enters its peak season with more naphtha consumption set to benefit LR1 market the most
  • Olympic fixes out VLCC newbuild to ExxonMobil
  • Yagerman moving on from JP Morgan
  • Tarbit adds trio of newbuildings
  • Union busy in MR tanker hunt
  • Firm VLCC sales a good deal, not a trend
    Gener8's Peter Georgiopoulos insists no covenant pressures behind decision to sell top-earners
  • Statoil inserts no child labour charter clause
  • MT Maritime offloads pair of tankers
  • Braemar mulls 'logical' move into finance services
    Chief executive James Kidwell says finance development would be 'logical' while HSBC acquisition facility was put in place for a reason.
  • Twin recruits back to boost 'new leg' at Maersk Broker
    Duo return as company expands consultancy and advisory business
  • Tanks for the memory stick
  • Swiber trio fail to meet second court reserve
  • Seapraxis sells sole bulk unit at fat premium

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American Shipperweb site
MAY 11, 2017
  • Agility's profit, revenues rise in Q1
    Global logistics provider Agility posted a net profit of 14.6 million Kuwaiti dinars (U.S. $47.9 million)for the first quarter of 2017, an ...
  • ZIM narrows losses in Q1 2017
    ZIM Integrated Shipping Services Ltd.reported a net loss of $6.4 million in the first quarter of 2017 compared with a $56.3 million loss in...
  • Genco Shipping & Trading's revenues surge 83% in Q1
    Source: Pres Panayotov/Shutterstock The average daily time charter equivalent rates obtained by Genco's fleet totaled $6,498 per day for Q1 ...
  • CBP will not revoke oil industry Jones Act waivers
    U.S. Customs and Border Protection said Wednesday that it is withdrawing proposals made by the Obama administration to strengthen enforceme...
  • DHL increases revenues 7.3% in Q1
    Deutsche Post DHL Group recorded consolidated net profits of 673 million euros (U.S. $731.6 million) on revenues of 14.9 billion euros for ...
  • Lawmakers introduce bill aimed at stimulating domestic maritime jobs
    Two U.S. House lawmakers have introduced a bill to promote programs in two-year community and technical colleges to stimulate jobs in the d...
  • A.P. Moller-Maersk ups profit, revenues in Q1
    A.P. Moller-Maersk, the Danish shipping conglomerate that includes transportation and logistics companies such as Maersk Line, APM Terminal...
  • Intermarine launches new liner service to Mediterranean
    Intermarine said it is expanding its Houston-based liner services from the U.S. Gulf Coast/Americas to the Mediterranean, Black Sea and Adr...
  • Yang Ming Q1 loss much smaller than in 2016
    Yang Ming Marine Transport Corp. posted a net loss of901 million New Taiwan Dollars (U.S. $29 million) in the first quarter of 2017, accord...

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The Bunker Bulletinweb site
MAY 11, 2017
  • Oil complex rises, putting crude near midpoint of recent range
    NYMEX June crude settled 50 cents higher at $47.83/b. ICE July Brent settled 55 cents higher at $50.77/b.
  • FEATURE: NWE traders skeptical of fuel oil arb East, eyeing Chinese vessels
    Fuel oil traders in Northwest Europe have expressed concerns over the potential economics of taking either a VLCC or Suezmax vessel of high sulfur fuel oil to Singapore amid PetroChina vessels floating with more than 10 million barrels of fuel oil outside Singapore.
  • Istanbul bunker market braces for tight barges at weekend
    The bunker market at Istanbul, Turkey, is expecting constrained availability May 13-14 because of tight barges, after a week of delays.
  • Malta halts all bunker operations on bad weather
    Malta has halted bunkering operations because of rough weather
  • External: Praxis Energy Agents S.A
  • Korean Register gets authorized by Germany based DAkks to act as verification body for EU emissions monitoring
    KR's EU MRV services can be delivered to any ship anywhere in the world regardless of its flag or class.
  • External: Wired Bunkering
  • ANALYSIS: Potential Sinochem-ChemChina's merger a win-win deal
    - Share sources for integrated oil/chemical business - Reinforce balance sheet following acquisitions - Meets SASAC's strategy on state-owned enterprises
  • FUTURES: Oil higher on expected supply deficit
  • South Korea's HHI partners with Saudi Arabia's Bahri for smart ship solutions
    Under the MOU, the two companies will jointly develop smart ship solutions and apply them to ships operated by Bahri.
  • INTERVIEW: Oil prices to recover in 2017 assuming OPEC cut rollover- IEA
    - Oil supply deficit may grow sharply in H2 - Crude stocks likely to return to norms in 2017 - Short term oil demand unfazed by Trump, Brexit
  • Most young people view oil, gas industry negatively, impeding recruitment: survey
    According to the survey, fewer than half of the consumer respondents trust the energy industry as a whole




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