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24 October 2017 The on-line newspaper devoted to the world of transports 05:46 GMT+2




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Sched Netweb site
SEPTEMBER 15, 2017
  • AADA levies US$500/TEU, plus $275/TEU for bunker October 15
  • Shortsea feeders hit hard by ubiquitous mega alliance reach in 2017
  • Don Krusel who made tiny, obscure Prince Rupert a game changer, retires
  • Drewry forecasts box shipping profits in 2017 to hit US$5 billion
  • Port of Incheon hits 2 million TEU 40 days earlier than in 2016
  • New Salalah mooring to improve turnarounds and cut idling at berth
  • US flatbed rates expected to soar in aftermath of Huricane Harvey
  • Salvors do not have capacity to salvage today's mega ships: Insurer
  • Human element in autonomous ships cannot be ignored: Nautical Institute
  • Leoni turns to AX4 platform for greater supply chain visibility in China
  • BIMCO issues pamphlet on new rules for seafarers lowering lifeboats
  • Qatar Cargo's first charter to Rickenbacker flies in Sri Lankan garments
  • DHL doubles cargo capacity to tap Asian demand for Norwegian salmon
  • Clearwater sells clams direct to customers in China via e-commerce
  • India and Afghanistan agree to expand Air Cargo Corridor to cover more

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Exim Indiaweb site
SEPTEMBER 14, 2017
  • Downward pressure on manning costs seen continuing
  • Global Maritime Forum formed as a platform to shape the future of global seaborne trade
  • HANSA HEAVY LIFT transports two minehunting naval ships between France & Uae
  • ICS launches new brand
  • Young professionals say London shipping must be adaptable & competitive
  • High wheat imports expected in Sept.-Oct.
  • Foundation stone laid for India's first high- speed rail project
  • Railways' NTKM freight earnings up
  • The Thar Dry Port plans to expand operations
  • Iran's gas exports surge
  • Maritime And Logistics Awards (MALA) 2017 set to captivate the fraternity today in Mumbai

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International Transport Journalweb site
SEPTEMBER 15, 2017
  • More traffic in the high north
  • Sino-German partnership for innovative gearboxes
  • SAS and all Nordic pilot associations reach agreement
  • Continued cargo growth at Europe's airports in July
  • Loxx Pan Europa putting three into one
  • India launches new transport system
  • Bremerhaven pushing digitalisation ever harder
  • New face takes logistics chair
  • Boeing proposes new helos to US Air Force
  • 35th anniversary for IDS Logistik
  • ICS rolls out its new brand identity
  • Free pass for railways on Dar es Salaam corridor
  • Box Tech welcomes Maersk
  • Gebrüder Weiss welcomes 69 apprentices
  • First logistics solution for lithium batteries
  • US short line railroad mergers with port companies
  • Cargolux adding two African destinations
  • Rastatt dates and costs

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IHS Maritimeweb site
SEPTEMBER 14, 2017
  • Cyber talk tops London International Shipping Week agenda
  • Brexit uncertainty may spur Grimaldi to withdraw ACL con-ros from UK register
  • Cyber-security code of practice launched for UK shipping
  • Maersk denies North Sea FPSO illegal export charge
  • UK minister sees 'renaissance' for British shipbuilding after Brexit
  • Toyota eyes 20 LNG-fuelled car carriers
  • Union steps in to aid abandoned crew of KY Venus
  • Pragmatic outlook for the impact of Brexit on shipping
  • Samsung HI and DSME optimistic about Seadrill's Chapter 11 filing
  • Daelim Corp fleet comes under AMSA scrutiny
  • Insurance market weighs up post-hurricane pricing strategies
  • PT Kaltim Prima Coal launches shipping tender
  • US details North Korea's shipping sanction evasion tactics

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The Loadstarweb site
SEPTEMBER 14, 2017
  • No peak season for China's air freight market - 'it's been peak season all year'
  • Shipowners need to tighten security against cyber attacks on vessels
  • No holiday bonus for container charter market as demand weakens
  • Kuehne + Nagel charges in with supply chain solution for lithium batteries
  • Prince Rupert port champion Don Krusel to retire after 25 years as CEO
  • UK ports couldn't handle even 'minutes' of Customs checks, post-Brexit
  • Amazon plans mega-warehouse for Mexican growth spurt
  • Founder David Hammond retires as CEO of Human Rights At Sea

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Marine Logweb site
SEPTEMBER 14, 2017
  • ABS review advances UMaine floating offshore wind concept
  • Transas survival craft simulator eliminates lifeboat drill risks
  • MTU to deliver first EPA Tier 4-compliant systems to WETA
  • Underpaid crew, faked books, banned from Australia
  • Vard designs cable layer for Japan's Kokusai Cable Ship
  • Bio based wastewater treatment system for small vessels

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Lloyd's Listweb site
SEPTEMBER 14, 2017
  • International regulation will delay large autonomous vessels
    At least seven years before any international law on autonomous vessels, lawyer argues
  • Seanergy boosts revenues but stays in the red
    Dry bulk owner is confident of increased freights and is hunting further vessels
  • Hammond taps out as charity head
    Human Rights at Sea founder takes Geneva-based job fighting child labour in tobacco industry
  • Prima Marine plans fleet expansion after successful IPO
    Thai tanker operator to buy 26 ships including one VLCC and two FSOs
  • Daily Briefing
    Brexit casts long shadow over UK's £40bn maritime industries
  • VLGC rates extend gains as US Gulf delays persist
    The BLPG Index rises to a three-month high as owners eye further gains
  • Race for ever-larger container ships is not sustainable, warns Maersk chief
    Issues with port infrastructure, sailing frequencies, higher fuel prices and changing trade routes will limit use of ultra large boxships...
  • Brexit insignificant compared with China's global ambitions, says Sohmen-Pao
    Shipyard overcapacity, the risks around new technology, abundant capital, and digital disruption among BW Group chairman's main concerns
  • TOP Ships commits new MR for up to five years with Pistiolis chartering outfit
    Nasdaq-listed tanker owner eyes further expansion in bid for critical mass, says chief executive
  • Macquarie bearish on dry commodities in 2018
    Headwinds in China suggest the market is past its peak, says analyst
  • Europe will suffer if it introduces Brexit trade barriers, warns Fox
    UK International Trade Secretary claims Europe could become less competitive in a global context
  • Australia bans DL Carnation over two sets of wage accounts
    Amsa will increase inspections on all vessels owned by the company
  • Don't believe the hype
    The upswing in global box demand in the first half of 2017 will prove short-lived, while life will not get...
  • UKSR steps up expansion efforts with a slew of new initiatives
    Digitalisation of the vessel registration process, a Singapore-based surveyor, and greater customer choice all aimed at expanding size of UK-flag...
  • Are Singapore waters too congested for collisions to be avoided?
    Navigational safety in focus after latest collision despite warning signals by the authorities to both vessels
  • Capesize earnings sputter despite rates reaching three-year highs
    Typhoon Talim may disrupt shipments to South China and Taiwan
  • Korea's National Forensic Service releases findings from fatal accident at STX yard
    A total of four subcontractors were killed in the explosion
  • CSIC to buy back stakes in two subsidiary yards
    Share exchange plan offers eight state-backed investors an opportunity to cash in on their $3.3bn stake acquisitions
  • US extends Jones Act waiver by a week
    Hurricanes' damage continues to disrupt petroleum product supply lines
  • Maersk adds to container database in latest digital push
    Online database allows users to search for container weights and sizes with status and recovery alerts to be added in...
  • Baltic Exchange looks to improve Panamax liquidity
    Exchange considers moving the settlement time of its Baltic Panamax index forward based on customer feedback

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The Journal of Commerceweb site
SEPTEMBER 14, 2017
  • Trimble buys shipper-focused visibility technology firm
  • NY-NJ joint chassis pool collapses
  • Warehouses a pinch point for US cotton export surge
  • THE Alliance's emergency fund gets US regulatory OK
  • Rhine Alpine rail route reopening early
  • Brexit cargo customs fears escalate
  • Hutchison UK: Asia-Europe rail won't dent ocean volume

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TradeWindsweb site
SEPTEMBER 14, 2017
  • Wells Fargo likes Teekay spawn, parent less so
    Teekay's LNG and offshore segments look to be better values than parent and tankers arm.
  • Seaport sees clearer seas for Ship Finance
    With Seadrill's restructuring now clearly laid out, investment bank up estimates for lessor.
  • OH Meling tackles loans amid liquidity uncertainty
  • Braemar adds missing string to its bow by snapping up NAVES
    Chief executive James Kidwell explains why moving into finance was a priority over buying a rival broker
  • Shipmanager looks for financial partners
  • London needs more than hope to become an IPO hub
    London International Shipping Week has shown the diversity of expertise in the city, but more fundamental change is needed if it is to become a leading centre of quoted companies as the UK heads towards Brexit
  • Shipping experts confidently predict better times for the industry
    Leading bankers, financiers, researchers and owners digest an improved business landscape
  • Mjolner tanker fund attracts 'asset light' investor interest
    Shipmanager teams up with New York merchant bank to draw family office backing on charter-in trading platform
  • Vale beefs up fleet renewal to 30 VLOC newbuildings
    Brazilian miner firms up long-term COAs with seven shipping companies and expands project from initial dozen ships - with possibly more to come
  • Two investor groups sue banks over OW flotation
    Danish lawsuits pursue Morgan Stanley and Carnegie for missing details in IPO prospectus
  • Seaspan linked to neo-panamax boxship resale
  • Buyers of distressed assets benefit from charter rally
  • Moody's marks down top-10 boxship player BoCom FL
  • Cooling Chinese demand spurs lines to cull sailings
    Bigger ships to be pulled amid efforts to keep the liner sector on a profitable track
  • CMA CGM fixes 10,000-teu newbuilds for three years
    French line sets down a marker ahead of megaship order with chunky charter deal
  • Awilco buys into profitable boxships with Wilbur Ross
    Norwegian shipowner buys six panamaxes, two of them with US-based private equity vehicle Transport Recovery Fund
  • Coralius LNG bunkering vessel is star of the show in Donso harbour
  • Sigtto aims to create working group for floaters
  • Sevilla Knutsen back in service after major repairs
  • Braemar ACM sees 'bumpy' 2018 for LNG carriers
  • First Arc7 called home as Yamal LNG shifts into start-up mode
  • FSRU shipowning role shifts as units become accessible to all
    Competition between providers mounts as the floating regasification business matures
  • Total asks owners for more time on LNG newbuildings
    Oil and gas major floats option of French tax lease and gives size guidance as competition hots up for coveted charter deals
  • Gazprom homes in on LNG carrier for FSU conversion
    Planned sale of Exmar steam turbine vessel for Russian export project could set new price yardstick for this generation of LNG carriers
  • Plenty of interest but AHTS trio fails to sell at auction
    Differences in pricing ideas are keeping Singapore offshore vessels parked despite attracting plenty of interest
  • The only way to cut emissions is to cut demand for crude
  • Timing of surveys is key to disposal programme
  • Scandinavian duo seek 'uniform and fair enforcement system' for 2020
    Danish and Swedish shipping association heads urge owners to act quickly and governments to enforce fairly as emissions deadline looms
  • Tanker sale highlights lethargic market
  • Rates spike for Jones Act tankers unlikely to last
    Gasoline shortages caused by hurricanes are expected to ease as refiners take advantage of waivers for foreign-flagged vessels
  • DSD adds two more MR tankers to newbuilding basket
  • Koch continues to hoover up VLCCs on term business
    US chartering heavyweight secures fourth tanker in recent weeks as spot rates remain below operating costs
  • New Vision denies buying supramax
  • Erasmus gears up for cape asset play
  • Japanese yards push for bulker price rise as yen strengthens
  • Allseas ship floated out into S&P market
  • Sea Globe sells oldest bulker
  • Allied boosts S&P firepower with two new appointments
  • Symphony orchestrates $4.4m profit on handymax
  • Gulfstar hosts shipbroker fest in heart of London
  • Tsuneishi orders lift kamsarmax newbuild total close to 100 units
    Over a dozen newbuilding contracts worth $380m placed by yard-related firms come to light
  • Chinese lap up more Greek vintage tonnage
  • Leading London broker scraps one-man demo desk

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American Shipperweb site
SEPTEMBER 14, 2017
  • FMC authorizes THE Alliance contingency fund
    The Federal Maritime Commission on Sept. 14 voted unanimously to authorize the members of the so-called THE Alliance to establish a conting...
  • Port of Galveston receives $1m PSGP grant
    The Port of Galveston has received a $1 million grant from the Federal Emergency Management Agency (FEMA) to support improvements in port s...
  • Averitt Express launches OJT training program for veterans
    Averitt Express, a Tennessee-based freight transport and supply chain services management company, has begun offering an on-the-job trainin...
  • U.S.-flag Great Lakes shipping rises 7% in August
    U.S.-flagged freighters moved 10.1 million tons of cargo on the Great Lakes last month, a 7 percent increase compared to August 2016, and s...
  • Port of LA reports second busiest month in its history
    Container volumes at the Port of Los Angeles last month were the highest of any August ever at the port, as well as second-highest of any m...
  • Radiant posts FY profit despite Q4 loss
    Bellevue, Wash.-based Radiant Logistics, Inc. reported a net income attributable to common stockholders of $2.8 million for the fiscal year...
  • Qatar Airways Cargo launches Pittsburgh freighter service
    Qatar Airways Cargo will offer a freighter service to Pittsburgh, Penn. next month, the fifth freighter destination in the Americas added i...
  • Trimble snaps up 10-4 in yet another visibility deal
    The parent company of transportation management software provider TMW Systems and a host of related trucking solutions has acquired visibil...
  • Army Corps awards Charleston Harbor Deepening Project contract
    The U.S. Army Corps of Engineers (USACE) has award the first construction contract for the Charleston Harbor Post 45 Deepening Project at t...

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The Bunker Bulletinweb site
SEPTEMBER 14, 2017
  • Ban on North Korea oil trade very difficult: Secretary Tillerson
    A full embargo of crude oil into North Korea would be "very difficult" and would be entirely up to China to impose, US Secretary of State Rex Tillerson said Thursday.
  • USGC HSFO above $50/b for first time since July 2015: trade
    USGC HSFO topped $50/b for the first time since July 2015 on what sources said is a short-lived price spike.
  • Texas ports open but draft restricted as lightering rates jump
    Lightering day rates have soared as draft restrictions along the Texas coastline keep fully-laden dirty products tankers from coming into ports seen still dredging silt in the wake of Hurricane Harvey.
  • Colonial sets return of Port Arthur storage, pump facility
    Colonial Pipeline's storage tanks and pumping facilities at Port Arthur, Texas, are expected to be fully operational by the end of September, the company said Thursday.
  • ARA fuel oil stocks down, with further draws expected on loadings
  • Novorossiisk bunkers approach three-year high on tight availability
    Bunker fuel at the Russian Black Sea port of Novorossiisk reached its highest point in almost three years Thursday on the back of ever diminishing supply in the region.
  • Rotterdam bunker fuel at 2-year high on backwardated barge market
    Rotterdam delivered 380 CST bunker fuel has soared to more than a two-year high on a heavily backwardated physical high sulfur fuel oil market.
  • NYMEX crude tests $50 as post-Harvey adjustment continues
    Prompt NYMEX crude topped $50/b Thursday for the first time in five weeks, but could not hold above that psychologically important mark, settling 59 cents higher at $49.89/b.
  • Hybrid electric ships offer new pathway for marine fuel efficiency
    - Segment expanding faster than LNG - Ship batteries delivering 16-17% fuel savings, reduced emissions - New pathway for marine fuel efficiency
  • External: Wired Bunkering
  • FUTURES: Crude falls amid on profit-taking after overnight surge




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