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24 April 2019 The on-line newspaper devoted to the world of transports 20:16 GMT+2

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Sched Netweb site
FEBRUARY 13, 2017
  • Asia-Europe rate falls 10.8pc to US$913/TEU, off 11.3pc to Med ports
  • HPH Trust 2016 volumes slide 6pc as net profit dips 2pc
  • Long Beach box volumes surge 8.7pc with renewed activity at Hanjin terminal
  • Hyundai Heavy Industries returns to profit after losses in 2015
  • Maersk alarmed by US President Trump's talk of trade war with China
  • New multipurpose port to open in Djibouti in March
  • Shreyas Shipping acquires its tenth containership
  • BIFA urges caution when seeking Brexit advice
  • SF Airlines commences 'Guizhou-Hangzhou' air freight route
  • Agility opens pharma storage facility in Hyderabad
  • Kerry Logistics to provide air-sea services to UK fashion firm Missguided

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Exim Indiaweb site
FEBRUARY 12, 2017
  • CMA CGM upgrading India Middle East-East Africa services
  • Inland Vessels Bill, 2017 proposes enrolling non-mechanically propelled vessels
  • SCI registers net profit of INR 7.25 cr. for Q3 2016-17
  • The International Federation of Freight Forwarders Associations (FIATA) opposes the recent change in service tax on ocean freight
  • ZEABORN Group takes over business operations of Rickmers-Linie & NPC Projects
  • Alang ship recycling yard following all safety & environment regulations
  • Deputy Prime Minister of Belgium graces inauguration of JNPT Antwerp Port Training & Consultancy Foundation
  • Major Ports spent INR 133.90 cr. under Swachh Bharat Abhiyan
  • Non-major ports to lead the sustainable growth path for Indian maritime trade: EY report
  • Qatar Airways Cargo introduces additional Pharma Express flights originating from Basel & Brussels
  • Customs Notification
  • Probes on into illegal dumping of rubber
  • Small tea growers being facilitated to export
  • Asia Pacific Trade Agreement approves implementation of fourth round of exchange of tariff concessions

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International Transport Journalweb site
FEBRUARY 13, 2017
  • A worthy anniversary
  • UK forwarder invests in new vehicles
  • Murphy starting Ibia leadership role today
  • Expanding warehouse capacity
  • Approved: payout protocol for air cargo in Canada
  • How efficient trucking facilitates trade
  • Install technology and collar the discounts
  • DPD France names operation/customer service MD
  • Reinforcing coverage in Mannheim
  • Box throughput rising steadily in port of Basel
  • China-Russia rail bridge on right track
  • Promotions in stereo at Air Charter Service India
  • LUG lures first Middle East customer
  • Zeaborn takes over parts of Rickmers
  • Andersen tables impressing results
  • Bulk on comeback verge says Drewry
  • Another Turkey-Europe train service
  • No new A380 nor B747 for historic customer

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IHS Maritimeweb site
FEBRUARY 10, 2017
  • America's private debt machine revs up for shipping
  • MSC looks to buy into mixed cargo operator Ignazio Messina
  • Decision-maker: Kim Ullman, Concordia Maritime
  • Cement carrier enters New Zealand coastal trade
  • Asia Energy Logistics enters heavy-lift sector with vessel purchase
  • Van Oord and Boskalis to finally dredge Santos port
  • Jinhai Heavy Industry wins Newcastlemaxes from Chartworld
  • NYK eyes four more VLCCs

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The Loadstarweb site
FEBRUARY 10, 2017
  • Atlas Air takes pilots to court as it attempts to stem growing labour costs
  • SCFI spot rates dip after CNY, but carriers have contract price hikes secured
  • Expansion-hungry Zeaborn boosts heavylift footprint with Rickmers buy
  • Maersk Line defers delivery of new containerships to prop up cashflow
  • Elbe deepening will go ahead, but Port of Hamburg must meet green targets first
  • DSV eyes return to acquisition trail as profits rise and UTi fits in nicely
  • International air freight from Canberra primed for take-off
  • Trump meets airline CEOs and vows to fix 'out-of-whack' ATC system
  • Korean Air narrows loss as cargo grows; Ethiopian gets loan to expand

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Marine Logweb site
FEBRUARY 10, 2017
  • BAE San Diego to hold dry dock naming ceremony
  • Pacific Ship Repair gets $17.4 million Navy job
  • ECO tugs to have Ulstein alarm and monitoring systems
  • Bids sought for 334 passenger New York ferry
  • Frontline and DHT continue takeover spat
  • Baleària to repower high speed cat Jaume II

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Lloyd's Listweb site
FEBRUARY 10, 2017
  • Diana extends time charter contract with SwissMarine
    Dry bulk owner gets double current rate for its 11- to 14-month period charter
  • DHT escalates war of words with Frontline
    DHT spells out its less-than-impressed view of Frontline's hostile takeover offer
  • Could Concordia be Maersk Tankers' new beau?
    Stena-backed product tanker company believes in consolidation, but Danish product tanker companies are also in the frame including Torm, Norden and Hafnia
  • Wilh. Wilhelmsen marks almost 300% profit growth
    Massive cost savings help boost profit as company awaits merger approval
  • China syndrome puts temporary check on spot rate rises
    Chinese New Year slowdown reverses recent gains, but move could be short-lived
  • HPH Trust profit falls 2% to $221m
    Throughput declines 6% to 22.5m teu
  • MISC posts 33% drop in fourth quarter profit
    The Bursa Malaysia-listed owner said petroleum shipping segment will come under more pressure in 2017
  • Inflection points
    Heavyweights have high hopes for dry bulk and container markets, and are putting cash on the line to prove it
  • Tankers escape impact of plunging oil supplies - for now
    Euronav is yet to feel the pain of oil cuts, but acknowledges the dynamic is likely to affect tanker performance in 2017
  • Spanish ports hit by go-slow
    Government reforms lead to intentionally reduced productivity in ports with trade unions and operators reportedly engaged in bilateral negotiations
  • Arrested handysize bulker sails from Houston
    Dispute over alleged damaged steel cargo now resolved
  • HNA Group to exit shipping
    Chinese conglomerate eyes fleet sale in wholesale restructuring after management shake-up
  • Container market will balance in two years, says Hapag-Lloyd Canada chief
    Wolfgang Schoch sees signs that box shipping is finally moving in the right direction
  • Rickmers Group sells multi-purpose division
    Zeaborn to take MPP and project shipping from Hamburg owner
  • Geopolitical instability threatens Asia's trade flows
    Asia Pacific trade built precariously around US-China-Japan relations is threatened by President Trump, says Japanese think tank
  • Higher transhipment volumes boost Westports' earnings
    Malaysian port operator expects moderate growth in container throughput in 2017
  • SCI scrapes back into the black
    Profits hit by low freight rates, while tanker division props up loss-making segments.
  • Moody's affirms ratings for Indonesia's Pelindo ports
    But ratings agency notes that challenging global trade environment affects their financial profiles
  • Epic Gas losses grow in 2016
    LPG carrier hit by tight freight market as it looks to new markets like Iran

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The Journal of Commerceweb site
FEBRUARY 10, 2017
  • Autonomous truck technology seen evolving rapidly
  • Is there a container shortage brewing?
  • RZD raises rail rates, shipper ire
  • DSV posts record results as UTi buy pays off
  • Top US ports confident in Trump infrastructure boost
  • MSC's Aponte sees signs of green shoots for container lines
  • Congestion flares at JNPT
  • Asia-Europe spot rates show first steep decline of the year

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TradeWindsweb site
FEBRUARY 10, 2017
  • Clarksons goes long on Scorpio Bulkers
    Analysts for investment banking arm of shipbroking giant hike share price outlook for New York-listed bulker owner.
  • Drop in cargo volumes smacks aframax rates
    Spot rates in the Caribbean are at two-year lows as Latin America liftings drop.
  • Gunvor linked to two DryShips VLGC options
    Two of three remaining newbuild options said to be taken by trading firm.
  • Eagle Bulk dives on unlocked shares
    Stamford bulker owner sees investors cash out July investment and double their money, but tank stock price.
  • Sinkhole appears on Liverpool's new dock
    A project that cost £400m is now home to a cavity 10 metres wide and six metres deep.
  • Opec makes 'solid start' in volume cuts
    Cargo volumes taking a hit as producers appear determined to cut.
  • Mipo guarantees $40m Hyundai Vinashin loan
    Korean yard backing Kexim's finance for Vietnamese sister company.
  • AHTS rates take a tumble
    A resumption of fixtures has not proved positive for owners in the North Sea.
  • 'We understand why Frontline wants to buy DHT'
    New York-listed tanker owner continues to fight its corner in deepening takeover drama.
  • Teekay Tankers fixes out suezmax
    Owner picks up $22,000 per day from Unipec over a year.

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American Shipperweb site
FEBRUARY 10, 2017
  • Port of Rotterdam posts 2016 earnings, volumes results
    The Port of Rotterdam increased profits 5 percent year-over-year in 2016 to 222.2 million euros (U.S. $236.2 million). The port spent 179....
  • HMM reports mixed financial results for 2016
    South Korean shipping company Hyundai Merchant Marine (HMM) reported an improved bottom line for 2016 when compared to 2015, but a much wor...
  • Yusen acquires European automotive logistics provider
    Yusen Logistics has acquired Derby, United Kingdom-based vehicle transportation and services provider Transfreight Automotive Logistics Eur...
  • Maersk Group chairman resigns amid company split
    Michael Pram Rasmussen, chairman of the board of directors of Danish shipping conglomerate A.P. Møller - M'rsk A/S, is stepping down from h...
  • UTi integration spurs strong profit, revenue growth at DSV
    Danish global transport and logistics provider DSV A/S saw revenues and profits surge in 2016 as the company continued to integrate the net...
  • Port of Virginia boosts capacity in January
    The Port of Virginia handled 228,516 TEUs in January, a sharp increase from the 192,844 TEUs it handled in January 2016, according to the V...
  • Commentary: Is 2017 the year for trade?
    A new year is emerging, along with a new Donald Trump-led administration in Washington. Despite predictions that trade will have a diminish...
  • SCFI falls 6.5%
    The Shanghai Shipping Exchange's Shanghai Containerized Freight Index fell 6.5 percent from last Friday's reading of 948.08 to a reading of...
  • ZEABORN takes over business operations of Rickmers-Linie
    ZEABORN Group, an integrated shipping company operatingglobally in the maritime multi-purpose segment,said it has taken over the busi

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The Bunker Bulletinweb site
FEBRUARY 10, 2017
  • New Orleans bulk-to-retail spread at 16-month low
    New Orleans IFO 380 CST's premium to US Gulf Coast HSFO narrowed to 88 cents/mt, the lowest since October 8, 2015, when it was 82 cents/mt
  • DRY BULK: Atlantic Supramax rates hit by sluggish petcoke demand
    The Houston to Krishnapatnam, east coast India, petcoke route, basis 50,000 mt slid 25 cents on Thursday to $27.75/mt.
  • Russian Novorossiisk bunker operations hit by storm warning: sources
    The storm warning is expected to remain in place until Saturday or later, a supplier said.
  • Cal 19 Rotterdam HSFO crack moves higher than pre-IMO decision levels on hedging
    Sources have attributed the recent hikes Cal 2018, 2019 and 2020 cracks to increased buying interest from banks.
  • Oil complex strengthens after IEA latest to confirm OPEC cuts
    NYMEX March crude settled 86 cents higher at $53.86/b. ICE April Brent settled up $1.07 at $56.70/b.
  • RUSSIA DATA: Jan crude, oil products port throughput up 11.2%
    Russian tax changes in January 2015 meant export duties were cut on crude and products. That made export netbacks more attractive and boosted export flows, market sources said.
  • Japan's Eco Marine Power studies fuel-saving ship technology
    A dozen ships to be involved in the work.
  • External: Wired Bunkering
  • ANALYSIS: Iraq takes India's top crude supplier spot, Saudi Arabia cuts loadings
  • FUTURES: Oil edges up as market awaits OPEC supply figures
  • FACTBOX: Oil majors struggle to turn corner with muted Q4 results
  • OPEC, non-OPEC compliance to output cut seen falling to 50-60%: panelists
    - Global oil demand to grow by 1.4-1.5 mil b/d in 2017 - US incremental production limited at oil price below $60/b

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