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31 March 2020 The on-line newspaper devoted to the world of transports 15:41 GMT+2

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IHS Maritimeweb site
APRIL 13, 2017
  • Second PDZ vessel arrested
  • Singapore launches truck-loading facility at LNG terminal
  • DSME chief predicts Q1 2017 profit
  • Samudera plans vessel sale to exit domestic Indonesian market
  • KMTC sells sole bulk carrier to focus on containers
  • STX acquisition 'could raise SM Group's debt burden'

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The Loadstarweb site
APRIL 13, 2017
  • Carriers slammed as capacity crunch makes waves for project cargo shippers
  • Freighter ambitions curbed as more countries impose aircraft age restrictions
  • Shippers want to be partners with carriers not just 'customers'
  • Analysis - which competitor is next in M&A line after Knight-Swift deal?
  • Exoskeletons give more power to Geodis workers' elbows
  • Boeing shortens supply chain with 3D-printed parts for 787
  • Malaysia seizes shipment of rhino horns worth $3.1m at airport

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Marine Logweb site
APRIL 13, 2017
  • EBH Namibia meets tight deadlines on five tug contract
  • Brazilian yard wins order for two Damen ASD tugs
  • Natural gas operating fleet concept gets LR AiP
  • WinGD X-DF engines to power Sovcomflot LNG fueled Aframaxes
  • Marcon brokers sale of 1981-built U.S.-flag tug
  • VIDEO: Metal Shark's first two for NYC Ferry head for Apple

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Lloyd's Listweb site
APRIL 13, 2017
  • Capes underperform smaller bulkers but China's iron ore imports offer support
    One-year period charter fixed at $20,750 per day, highest since May 2014
  • Second Polaris VLOC heads to Cape Town for repairs
    Stellar Cosmo forced to join Stellar Unicorn when searching survivors from Stellar Daisy
  • American Hellenic Hull aiming for 4,000 vessels by 2020
    New insurer has already insured more than 1,500 ships
  • Alliance carriers push through higher rate rises
    New data on Asia-US west coast trade indicates top non-allied carriers have kept prices flat, while alliance partners increased prices on average by 10%
  • Leonhardt & Blumberg teams up with Buss on ship management
    Combined fleet will run to 55 vessels
  • Tanker bulls have their time in the sun
    VLCC earnings soar by almost $5,000 in a day as global refinery demand looks set to rise
  • The end of golden-boy compensation at Seaspan
    Lucrative advisory fees the common thread behind Graham Porter's abrupt departure and Gerry Wang's executive pay make-over
  • Digitalisation: Over-hyped or a genuine game-changer for container shipping?
    As ocean carriers look for start-ups with appropriate digital skills, they have to understand how to introduce outsiders into their core business
  • Equipment imbalance hits Brazil trades
    Low import figures means both boxes and vessels to ship them in are in short supply for exporters
  • India extends tax exemptions to seafarers
    Salary accrued to a non-resident seafarer for services rendered outside India on foreign ships will not be taxed
  • Policy bank opens way for talks with pensions service on DSME aid
    Move is a surprise shift away from the Korea Development Bank's previous 'no compromise' stance
  • LPG consumption rising in India and China
    All eyes on potential bottlenecks at Indian ports
  • Strong transhipment volumes boost Rotterdam box throughput
    Port saw a 8.8% rise in containers handled to 3.3m teu
  • DryShips inks one-year time charter for newcastlemax bulker
    Company expects total gross backlog of $7.1m from the vessel's employment
  • Long Beach box throughput rises 8.7% on import demand
    But exports volumes were hit by the stronger US dollar
  • DSME chief optimistic over 2017 results
    Company likely returned to profit in the first quarter, says Mr Jung
  • Fincantieri inks initial pact with French authorities for STX France
    Agreement marks another step towards finalising the acquisition of Saint-Nazaire shipyard
  • Master of none
    With APL's Capt Pan being dragged into a Hong Kong court over the illegal importation of strategic commodities, cynics may suggest the master's principal role is to carry the can

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The Journal of Commerceweb site
APRIL 13, 2017
  • FMC's Cordero tapped to lead Long Beach port
  • NY-NJ appointment system expanding as turn times contract
  • Tech gives US shippers edge in truck contracting
  • Brazil's Suape moves forward on new terminal plan
  • India's Pipavav port shifts focus to liquid and ro-ro cargoes
  • First quarter is best ever for Rotterdam TEU growth
  • Top US truckers lead industry revenue growth

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TradeWindsweb site
APRIL 13, 2017
  • Karl Schmitt of Athenian Tankers passes away
    Long-serving managing director at UK office of Athens-based VLCC owner.
  • Bulker spend doubles in active first quarter
    Over $2bn was invested in dry cargo ships during the first three months of 2017 as sentiment rose and public companies returned to the market.
  • IEA sees hurdles, and some upside, for tankers
    Demand growth lower and Opec cuts holding, but US crude is growing.
  • Wang takes $5.8m hit as Seaspan ends S&P fees
    Payments on transactions were more than double chief executive's regular salary
  • Crunch time looms for future of Korea's cash-strapped DSME
    Creditor meetings scheduled for Monday and Tuesday will decide how yard's future unfolds but national pension fund could prove stumbling block
  • Rise in Atlantic Basin cargoes could put a floor on tanker spot rates
    US broker says tonne-mile demand could absorb VLCC newbuilding deliveries
  • Offshore fleet boss pings charterer seeking rate cut
  • Concerns heighten following pirate attack on bulker
  • Sector braces for new nickel ore exports
  • DC Maritime explores debt fund to refinance loans as market recovers
    Restructuring firm highlights growing need to cover the retreat of traditional shipping lenders
  • Salvage advisor Brand Marine makes its mark on global scale
    Hamburg-based technical consultancy is taking on bigger, London-based rivals for casualty and wreck-removal business
  • Global offshore rig decline slows to net loss of five units
  • Sector tunes up for new era as wave of LNG sparks change
    Some Gastech goers had a spring in their step but that upbeat feel may take a little longer to filter through for others
  • Gas4Sea closes in on its next LNG bunkering customer
  • Tellurian starts LNG ship search as it limbers up to trade
    LNG ship-savvy co-founder Martin Houston spells out what company's vessel requirement could look like for first phase of Driftwood LNG
  • Engie finds a new use for its medmax LNG carrier
  • Sales talks continue on NYK LNG steam ship
  • K Line grow its horizons in LNG sector
  • Total poised to launch LNG ship tender for US cargoes
    Shipowners pin hopes on upcoming requirement from energy major as pickings remain slim elsewhere
  • Sellers hold fire as panamax values bounce back
  • Two German wide-beams go for $40m after six months
  • SeaChange scales down fleet and edges towards boxship exit
    Private equity firm Soundview follows lead of Miami-based owner by using the rising market to sell vessels
  • Arrest warrant issued in LPG carrier row
  • Union Maritime denies buying MR tanker pair
  • Aims Shipping buys panamax in nick of time
  • JME Navigation behind bulker buy as it resumes expansion
    Greek owner bounces back after shrinking fleet under pressure from lenders
  • OOCL lobs lawsuit at rail giant after crash smashes boxes
    Hong Kong liner operator wants BNSF to pay for cargo losses after two trains collided head on with containers from Asia.
  • Swiber-linked AHTS trio fail to sell at auction
  • Lydia Mar to manage handy sold by Nomikos
  • Maersk Tankers eyes clear-out of vintage MRs
  • Real estate specialist to aid German loans sales
    Ex-Flensburger chief joins loan servicing group to take advantage of private equity's appetite for deals
  • George Economou pounces on United Ocean bulker
    Greek owner believed to have continued an active year in the sale and purchase market with Kamsarmax deal.
  • Closing gender gap is the right thing to do - and it's good for business
    The small number of women - onboard and in boardrooms - is not only shameful, it is holding shipping back, because the evidence shows that diversity produces better profits
  • The sun is finally coming out to shine on dry bulk shipowners
    But unless companies exercise restraint this time, there are fears that the storm clouds might gather again
  • Aegeus sells bulker veteran for trading
  • Conversion overruns drag KNOT into the red
  • Fincantieri plans to rebrand STX France
  • Shandong Landbridge orders VLCC trio for China oil imports
    Dalian Shipbuilding wins contract after Chinese government awards licence to owner
  • Wang takes $5.8m hit as Seaspan ends S&P fees
    Payments on transactions were more than double chief executive's regular salary
  • J Lauritzen inks debt deal after $80m cash injection
  • Akmar coy on link to first secondhand foray since 2009
  • Tanker scrap sale deals take off
  • Governments head for Paris showdown
  • Canadian government backs Seajets ferry purchase
  • Crack in Polaris VLOC may hold clues to Stellar Daisy tragedy
    Another converted VLCC in the fleet sailed for weeks with crack in its hull
  • Rickmers Maritime closure blow to SGX's maritime hopes
  • SCF sets out stall to shift bulk of aframax fleet to LNG fuelling
    Group boss Sergey Frank wants to clean up shipping and expects the majority of his outfit's 60-ship aframax fleet to switch to LNG power by 2022
  • Leasing houses wary of kamsarmax craze
  • East of Suez long on clean tankers and shy on earnings
  • Buyers splash $90m on neo-panamax boxships
    South Koreans in $50m raid for 8,500-teu pair while Germany's ER Capital digs deep to retain three 7,850-teu vessels
  • Crunch time looms for future of cash-strapped Korea's DSME
    Creditor meetings scheduled for Monday and Tuesday will decide how yard's future unfolds but national pension fund could prove stumbling block
  • JP Morgan in $500m deal for up to 12 newbuilds
    Investment bank's Global Maritime arm backs up bullish stance with expression of interest in newbuilds at Chinese yards
  • Euronav: no damage nor fouling in grounding
    VLCC grounding in South China Sea occurred early Wednesday; refloating still underway.
  • 'Phillips extends tanker charters'

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American Shipperweb site
APRIL 13, 2017
  • Clash arises over impact of CBP Jones Act
    The Offshore Marine Service Association (OMSA) is disputing a report released by the American Petroleum Institute that projected "significa...
  • Port of L.A. ups box volumes in March
    Source: Ian Kennedy/Shutterstock The Port of Los Angeles handled 788,524 TEUs in March, 565,321 TEUs of loaded containers and 223,203 TEUs o...
  • APL unveils new Asia-Oceania loop
    Source: APL APL will launch the China Australia Service 3 (CA3) between North Asia and the East Coast of Australia May 21. Singapore-based ...
  • Rickmers Maritime winds up operations
    Singapore-based containership lessor Rickmers Maritime said Wednesday it will wind up operations after defaulting on loans. Rickmers Marit...
  • Executive Moves: Saddle Creek and Port of Prince Rupert
    Saddle Creek Logistics Services has hired Timothy Tyson as senior director of business development. Port of Price Rupert Vice-President ...
  • R.I. House Rep. seeks to repeal controversial truck tolling law
    Rhode Island's controversial truck-only tolling program still may not be a done deal despite being approved last year by the state's Genera...
  • California lawmakers approve 10-year $52.4b infrastructure bill
    The California Senate has approved a bill that will increase gas and diesel taxes statewide in order to fund investment in ailing transport...
  • Port of Indiana-Burns Harbor receives first ocean vessel of 2017
    The Port of Indiana-Burns Harbor welcomed the first ocean vessel of the year, marking the official opening of the international shipping se...

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The Bunker Bulletinweb site
APRIL 13, 2017
  • REFINERY NEWS: Petroecuador Esmeraldas refinery completes planned maintenance
    Petroecuador's Esmeraldas refinery is now operating with normalcy after completing six days of planned maintenance, according to the company.
  • NYMEX May crude holds above $53/b as dollar weakens on Trump remarks
    NYMEX May crude settled 7 cents higher at $53.18/b. ICE June Brent settled 3 cents higher at $55.89/b.
  • Gibraltar bunker availability tight on limited barge access: sources
    Seven vessels were waiting to enter the port as barges were not ready, he said.
  • ANALYSIS: South Africa downstream hurdles linger as cleaner fuels push stalls
    - Regulatory uncertainty persists - Refining sector needs reform and investment - West Africa likely to face similar hurdles
  • External: Wired Bunkering
  • Singapore's first LNG truck loading facility ready for operations
    The single-bay facility on Jurong Islandwill facilitate truck-to-ship bunkering as well
  • SINGAPORE DATA: Mar bunker fuel sales rise 4.6% on year to 4.34 mil mt
    March bunker sales is the third highest on record.
  • DRY BULK: Q1 freight rates remain higher despite decline in demolitions
    Higher freight returns have translated into lower scrapping volumes, while scrap prices have increased on the back of the rise in steel prices.
  • TRADER NOTE: Peninsula Petroleum fuel oil trader leaves Singapore desk
    Quah was with the company for 19 months.
  • Singapore's Rickmers Maritime shipping trust to wind up
    Rickmers Maritime had been given until April 15 to present a restructuring plan to its main lender HSH Nordbank.
  • ANALYSIS: April, May field maintenance program may enable UAE to comply with OPEC cuts
    - Upper Zakum output down after Ruwais refinery fire - Murban, Das loading allocations down in April, May - Compliance with quota requires further cuts
  • OPEC sees 2017 call on its crude at 32.2 mil b/d, market in deficit Q3
    - 2017 non-OPEC supply forecast revised up on US shale - OPEC 160,000 b/d above 32.5 million b/d ceiling - OECD commercial stocks 268 mil barrels over 5-year average

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