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15 October 2018 The on-line newspaper devoted to the world of transports 20:50 GMT+2




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Sched Netweb site
MARCH 14, 2017
  • Asia-Europe rate drops 2pc to US$859/TEU, off 4.8pc to USWC
  • OOIL ends 2016 with a net loss of US$219m with low growth in most regions
  • CMA CGM in the red for US$325m in 2016 although Q4 profits up $45m
  • FMC head urges better protection from shipping alliances
  • S Korean shipbuilders feel pinch from Hanjin bankruptcy
  • Mexico's new Tuxpan Port Terminal is officially opened
  • CN on the road again vowing quick US access for Asians
  • Cargolux expands in east Africa aiming to enlarge footprint on the continent
  • Amazon start-up costs drag down ATSG's 2016 profit to US$21m
  • Air France-KLM maintain seasonal flower shipments

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Exim Indiaweb site
MARCH 13, 2017
  • Admiralty Bill, 2016 passed in Lok Sabha
  • APL's expanded intra-Asia service network to broaden market horizons
  • CMA CGM maintains positive core EBIT margin despite historically low freight rates in 2016
  • Hamburg Süd launches innovative pilot project with Electrolux in Chilean Port of Iquique
  • Jobs scenario improves in US logistics & transportation sectors
  • Maersk Line & Orchid Shipping team up to ship OOG consignment to Antwerp
  • Middle East offshore supply vessel market bucks downward trend, says analysis
  • North Europe to Asia spot rates surge
  • OOCL combines loops to form new South-East Asia to Australia service
  • PSA & ICTSI open terminal in Buenaventura, Colombia
  • Hutchison Ports inks agreement with Ports of Stockholm to operate container terminal under construction
  • Mumbai Port Trust observes World Civil Defence Day
  • Sagarmala programme under implementation
  • Shipping Secretary discusses Sagarmala & other port-related issues with Chief Secretary, Gujarat
  • A total of 6,604 km National Highways constructed till Feb. 2017
  • Electronic tag system being implemented for toll collection on National Highways
  • First scheduled container train ex Vadodara to Pipavav Port flagged off
  • Kandla SEZ celebrates 53rd Foundation Day with enthusiasm
  • Snowman Logistics completes construction of new warehouse in Kerala
  • You ask.. We answer...

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International Transport Journalweb site
MARCH 14, 2017
  • Takeover expands express business
  • From Russia with love: 225 rail cars for Cuba
  • Port of Dunkirk: dock III renovation completed
  • New ideas served up for breakfast
  • Panel for national freight and supply chain inquiry
  • Meeting seasonal demand
  • Tenant wanted for intermodal terminal in Slovakia
  • New faces at V. Group after Advent investment
  • Safety for shippers is The Alliance's concern
  • Co-chair for Customs Brexit Group
  • Jacksonville short line railroad starts services
  • Ceva's ebitda slipping slightly in 2016
  • Digitalization the Indian way
  • CMA CGM wins with higher volumes and lower costs
  • Baltic Air to Abu Dhabi, Virgin Australia opts out

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IHS Maritimeweb site
MARCH 13, 2017
  • How Economou bought DryShips debt at a 44% discount
  • Added costs feared with new ballast water guidance
  • The case for a cleaner and safer ship recycling industry
  • HSH Nordbank mulls debt haircut to keep Rickmers Maritime going
  • Spliethoff contracts 18,000 dwt sextet
  • Stena Bulk takes full control of Stena Weco
  • On-balance sheet leasing standard change to impact shipping
  • Hyundai Samho HI sells Seadrill rig to another Fredriksen's Seatankers
  • 'World's first' LNG-powered crane vessel ordered
  • 'Tariff effect' to create majority of initial savings of new Japanese liner shipping entity
  • DSME accelerates asset sales
  • No escape from low 2016 rates as OOCL tumbles to USD273 million loss
  • KOGAS seeks two small LNG carriers
  • Dry bulk freight rates hit three-month high
  • Norwegian ship tunnel gets green light

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The Loadstarweb site
MARCH 13, 2017
  • Q4 revival and NOL buy helps loss-making CMA CGM stay positive
  • 737 NG freighter conversion market is struggling to take off
  • OOCL blames drop in revenue and profit on 2016 freight rate havoc
  • PODCAST - Brexit, getting the job done
  • Emirates boss denies reports of merger with Etihad
  • Eleven air cargo carriers face €800m bill - again
  • Inside Washington: push to avert battery fires on aircraft stalls

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Marine Logweb site
MARCH 13, 2017
  • Carnival adds new Fleet Operations Centers
  • Van Oord orders LNG fueled crane vessel
  • Reintjes makes push to expand sales in Latin America
  • Schottel gives giant OCV added maneuverability
  • SmartPredict aims to reduce maneuvering risks
  • Senators to Trump Admin: Don't cut Coast Guard budget

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Lloyd's Listweb site
MARCH 13, 2017
  • Diana Containerships reactivates vessel on strength of OOCL charter
    2006-built Pucon has been laid-up since last July
  • Stranded bulker crew paid after seven months
    Sea Honest seafarers receive more than $150,000 in outstanding wages
  • Handies bulker earnings rise further, but bird flu clouds outlook
    Mizuho forecasts Chinese imports of corn and soyabeans to plunge in the short run
  • Gener8's fourth-quarter profits collapse but modern fleet outperforms
    Peter Georgiopoulos says his fleet will benefit from the 'two-tier' market while ridding itself of more old tonnage
  • ICTSI triples profit
    Strong volume growth sees net income swell to $194m in 2016
  • Rickmers Maritime could get debt forgiveness from HSH
    But German bank will pull plug unless bondholders also take haircut
  • Riding the wave towards a ballast water boom
    Enquiries pile up for the manufacturers of three USCG type-approved ballast water treatment systems as owners look to comply with US regulations
  • Odfjell bolsters tanker fleet through long-term bareboat charters
    A capital-efficient way to achieve growth, says chief executive
  • Clarksons posts lower profits for 2016
    Shipbroker hit by growing costs but financial services and research segments lift results
  • Sovcomflot in standoff with Venezuela's national oil company
    Sovcomflot dispute highlights PDVSA's inability to pay shipowners, jeopardising future oil exports
  • DSME speeds up non-core asset sell-offs as debt repayments loom
    Group aims to complete sales of both Welliv and DSME Construction by April.
  • PSA ties up with institute of higher learning to boost port technology expertise
    Students and PSA employees will have opportunities to deepen their knowledge of the industry
  • Indian parliament passes Admiralty Bill
    The planned Bill allows maritime claims and liens to be prioritised
  • Triyards unit wins two passenger ferry newbuilding contracts
    Deals worth $20.6m
  • Shipowners and managers in the age of digitalisation
    Traditional shipowning models could cease to exist as digitalisation enters the maritime sector
  • Ocean Alliance has no need for bankruptcy trustee fund, says OOIL
    Customers are aware of members' financial stability, according to finance chief Alan Tung
  • OOIL posts $219.2m loss amid depressed freight rates
    Group results also hit by rising fuel prices in the second half of 2016

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The Journal of Commerceweb site
MARCH 13, 2017
  • Northeast US ports hunker down for blizzard
  • OOIL: Ocean Alliance's stability doesn't require emergency fund
  • As market heats up, Roadrunner merges refrigerated carriers
  • Clarksons profit down, but bullish on shipping outlook
  • Ocean7 Projects, Ikonships merge MPV fleets
  • Spliethoff Group orders six ships
  • Antwerp adds rail service to German hinterland
  • HSH Nordbank refuses Rickmers Maritime restructuring
  • UK forwarders and customs team up to monitor Brexit
  • Merging Japanese carriers eye suppliers for cost savings
  • DHL targets China cross-border trade with new Hong Kong facility
  • Weak 2016 rates on main trades drag OOCL to deep loss

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TradeWindsweb site
MARCH 13, 2017
  • Dorian LPG sees wide bid-ask on VLGCs
    Executives posit fleet growth at conference through second-hand or M&A deals.
  • Carnival opens second operations centre
    Arnold Donald-led cruise giant opens second facility in Seattle as part of growing global network to boost safety and operational efficiencies.
  • Offshore trio aim to seal merger this month
    Oslo-listed offshore vessel owners Solstad, Deep Sea Supply and Farstad set timetable.
  • Gener8 Maritime confirms tanker sales
    Peter Georgiopoulos says further disposals his preferred way to raise additional cash if required.
  • Master and crew stymie pirate attack on Knutsen LNG carrier
    Norwegian shipowner confirms shots fired against La Mancha Knutsen while off Nigeria.
  • North Korean cargoship sinks off China
    Crew saved after collision with tanker sends multipurpose Kum San to the bottom.
  • Diana Containerships reactivates vessel
    Greek boxship owner removes second ship from lay-up in less than two weeks.
  • Vallianz refinances $163m of debt
    Agreement with lenders eases cash flow by $103m over two years.
  • BSC linked to LNG carrier order
    Report says Bangladesh state owner has signed up for two vessels in China.
  • Livanos joins in $250m GasLog bond sale
    New York-listed LNG carrier owner's planned offering follows similar fundraisers by its listed peers.
  • Analyst: kidnappings rose 44% in 2016
    Control Risks says African and Philippines incidents on the increase.
  • Clipper Group expands with Hong Kong office
    Peter Norborg-led company looks to tap the Chinese market with second Asian branch.
  • Sea Honest seafarers repatriated
    Vera Shipping settles the wages of 17 crew who remained stranded for seven months.
  • Credit-Suisse raises Scorpio Bulkers rating
    Bank places buy tag on New York-listed owner amid jump in asset values.
  • Suezmaxes end week 85% higher
    VLCCs and aframaxes lose ground but LRs strengthen.
  • $1.5bn ABG Shipyard restructuring 'fails'
    Bankers say they are heading to debt recovery tribunal after two years of talks.
  • Spliethoff grows with order in China
    Amsterdam-based group inks deal for six newbuildings at Zhejiang Ouhua shipyard.
  • Gener8 profit slashed as costs increase
    Bigger fleet meant higher interest and depreciation charges for tanker owner.
  • OOIL foresees better year for liner shipping
    CFO more optimistic for 2017 as he once again dismisses sale talk.
  • Clarksons executives: Markets re-calibrating, no Brexit fears
    Andi Case sees improvements unfolding in freight markets, while Jeff Woyda is calm on impact of Brexit.
  • Socar buys seven tankers from Palmali Shipping
    Azerbaijan oil company boosts capacity with suezmaxes and aframaxes from Mubariz Mansimov-owned company.
  • Expanding Odfjell adds two more tankers
    Norwegian owner also buying chartered-in ship as it seeks 100-vessel fleet.
  • GC Rieber gets its seismic fleet busy
    Oslo-listed company wins new contracts through its joint venture with Rasmussengrupppen.
  • Vinalines signs coal shipping deal
    State producer Vinacomin wants vessels for domestic and international business.
  • Subsea 7 completes Seaway takeover
    Oslo-listed owner buys remaining 50% of heavy-lift unit from K&S.
  • Clarksons results strong despite profit fall
    Shipbroking giant beats City forecasts for 2016 as dividend is raised again.

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American Shipperweb site
MARCH 13, 2017
  • SCPA breaks ground on inland port
    The South Carolina Ports Authority (SCPA) broke ground on the new Inland Port Dillon, which is slated to open in early 2018. Inland Port D...
  • Commentary: Cutting cost without a rate reduction
    Every supply chain executive's primary responsibility is to find ways to reduce risk and cost in their company's supply chain. Typically, ...
  • Port of Virginia box volumes steady in February
    The Port of Virginia handled 220,726 TEUs in February 2017, a 0.2 percent decrease from the the previous year, according to the Virginia Po...
  • APMT continues investments at Port of Gothenburg
    APM Terminals (APMT) Gothenburg signed an addendum to the original concession agreement with the Port of Gothenburg on Sweden's west coast...
  • U.S. beef, pork exports rise in January
    U.S. beef and pork exports drastically increased in January from a year prior in terms of volume and value, despite a drop in lamb exports,...
  • Port of Antwerp attracts new rail service to Germany
    Rail operator H&S Container Line will offer a second round trip servicebetween the Port of Antwerp and the Rhine-Ruhr-Main region in Ge...
  • OOCL parent records $219m loss for 2016
    Orient Overseas (International) Ltd. (OOIL), the parent company of ocean carrier Orient Overseas Container Line (OOCL),recorded aloss attri...

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The Bunker Bulletinweb site
MARCH 13, 2017
  • Front-month NYMEX RBOB pulls oil futures lower ahead of storm
  • New Orleans MGO at over 3-month low as barge congestion, product tightness ease
    New Orleans MGO was assessed at $460/mt ex-wharf, down $35/mt from Friday, and the lowest price since November 29 when it was $443/mt, S&P Global Platts data showed.
  • Northeast US bunkering likely to be slowed by approaching blizzard: sources
    The National Weather Service has issued a blizzard warning for New York that begins Monday night and lasts until midnight Tuesday
  • Bunkering operations recover at Malta
  • External: Praxis Energy Agents S.A
  • Singapore February bunker sales up 10% on year
    Sales of 380 CST fuel oil, the key grade of bunker fuel, rose to 2,918,400 mt in February from 2,635,100 mt a year earlier.
  • Genoa bunker fuel prices hit 2017 low, catching up with lower crude
  • External: Wired Bunkering
  • Quadrise postpones emulsion fuel trial restart to Q4




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