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20 April 2019 The on-line newspaper devoted to the world of transports 02:41 GMT+2

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Sched Netweb site
MARCH 16, 2017
  • LA port box volume plunges 12pc in February
  • AADA cuts Asia-Oz bunker surcharge US$275/TEU April 12
  • Drewry: New alliance networks - Ocean Alliance has most services
  • Maersk and IBM to develop new digital global trade solution
  • CEVA's continues to see red in 2016 with loss of US$159m
  • Agility's 2016 net profits surge 10pc to US$193m despite dip in revenue
  • First hijack off the coast of Somalia by pirates since 2012
  • SEGRO pays US$444m for Heathrow's 'jewels in the crown' cargo property
  • SAS extends logistics partnership with Kuehne + Nagel until 2020
  • Bollore Logistics obtains first CEIV Pharma Certification in Singapore

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Exim Indiaweb site
MARCH 15, 2017
  • APL announces seasonal rationalisation of Latin America service network
  • Sale & Purchase Agreement inked for acquisition of Hamburg Süd by Maersk Line
  • Chennai Port Trust signs MoU with Puducherry govt for handling ex-im cargo
  • Kandla Port crosses 100-million tonne mark on March 15
  • KDS achieves all-time high container throughput
  • Prime Minister to flag off first shipment on INSTC route on April 13
  • Mexico keen on strengthening trade relations with India
  • Trade Infrastructure for Export Scheme launched
  • CTL-BHP 2018 Expo & Conference to bring together entire sector in January next year
  • You ask.. We answer...

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International Transport Journalweb site
MARCH 16, 2017
  • Successful demo of on-highway truck platooning
  • Modernisation raises rail operation safety
  • New head of marketing for Krummen Kerzers
  • Six new ships for Spliethoff
  • Solution for an extra load
  • Ten six-axle locos for German railfreight operator
  • Eco-friendly deliveries from GW
  • Gefco settles in Antwerp
  • Equipping a new cargo terminal
  • Clecat and Fiata encourage carriers' moderation
  • Resumed: rail services to Dusseldorf
  • Double reinforcement for SAF Holland board
  • Maersk and Hamburg Süd close the deal
  • Airbus relief flight to Uganda
  • Expanding capacity at Nairobi airport

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IHS Maritimeweb site
MARCH 15, 2017
  • US-listed shipowners are raising capital at a record pace
  • Fredriksen's offshore businesses await cyclical upturn seen by Golden Ocean
  • Casualty model will drive new marine insurance insight, says Lloyd's
  • Oetker family, Maersk sign sale contract
  • Bank of Cyprus enters ship finance in rude health
  • More Chinese insurance captives expected after Guernsey deal struck
  • Creditors to implement debt-for-equity swap with HHIC's Philippines yard
  • NYK steps up involvement in LNG bunkering
  • DSME announces loss amid talk of more intensive bailouts
  • FSL Trust mortgages tanker, prepays USD20 million to lenders

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The Loadstarweb site
MARCH 15, 2017
  • Shippers are turning to air freight as ocean shipping wallows
  • Asia-Europe rate war could return with launch of new alliances
  • Brexit brings Britain and its logistics sector 'huge opportunities', claims Whitehall
  • Analysis: smart thinking brings rewards as DP-DHL plays it safe
  • Global supply chains set to improve, thanks to blockchain
  • Ikea drivers living in trucks for months

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Marine Logweb site
MARCH 15, 2017
  • Horizon appoints new VP Business Development
  • Meyer's Group orders two Damen ASD tugs
  • ABS and industry experts tackle MODU safety issues
  • Foreship awarded BWTS consultancy contract
  • Golden Ocean to add 16 ships in all-share deal

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Lloyd's Listweb site
MARCH 15, 2017
  • Analysts hail Navios Partners' strength after $100m equity raise
    Net proceeds likely to be used for vessel purchases
  • Panamax bulkers look for Black Sea support as earnings slide
    After two weeks of gains, north Pacific and US Gulf markets slow down
  • Chemical and product tanker markets on divergent courses
    Lump the two together at your peril, this is a tale of two markets
  • New alliance capacity spells trouble for Asia-north Europe rates
    With slot space to increase by nearly 10% in the coming weeks, Alphaliner casts a dim view over short-term rate prospects
  • Tanker hijackers demand ransom
    EU Navfor confirms Aris 13 and crew being held hostage after first hijacking off Somalia since 2012
  • Golden Ocean splashes $412m on acquisitions
    Listed owner strikes all-share deal for 14 Quintana bulkers including two panamaxes pitched in from John Fredriksen
  • Singapore arbitrators talk tactics for rivalling London
    City-state jurisdiction must capitalise on cultural differences and improve marketing, say panelists
  • China's steel for commodities deals drive vessel demand
    Shipping benefits long term from China sending out steel in return for coal, ores and grain
  • Maritime arbitration industry told to cut costs amid shipping slump
    But panelists divided on how to achieve that goal
  • Bank to auction Five Stars capesize carriers
    Rising asset prices prompt China's Bank of Communication to call for the arrest of two ships
  • Maersk and Oetker move forward on Hamburg Süd sale
    Maersk Line and Dr August Oetker sign sale and purchase agreement
  • US shippers in the dark as alliance launch date looms
    No details yet of terminals to be served in LA-Long Beach by Maersk, MSC and their new Korean partner a fortnight before start-up
  • Data Hub: Trade Statistics
    South American exports rise
  • Fighting the threat of hazardous cargoes
    Misdeclared dangerous goods remain a major issue for the container industry

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The Journal of Commerceweb site
MARCH 15, 2017
  • Matchback tools are plentiful, but are they enough?
  • Santos gained market share despite volume dip
  • LTL carriers pave way to growth in changing market
  • Investors keen on freight technology but discerning
  • Dedicated trucking a ray of light after tough 2016
  • Freight delays linger as US Northeast digs out from storm
  • Slideshow: Shipping insights heard at TPM
  • NYK exec: Consolidation yet to benefit container shipping
  • Maersk, Hamburg Sud deal advances toward closing
  • Cathay delivers worst annual result since 2008
  • Forwarders question Europe-Asia surcharge as capacity dries up

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TradeWindsweb site
MARCH 15, 2017
  • Cunard to splash out $40m on ship upgrade
    Fincantieri to carry out project that will add capacity to Queen Victoria.
  • Tidewater's lenders agree to extend waivers
    Offshore vessel owner in continuing restructuring talks on some $2bn in debt.
  • Panama Canal plans scheduling upgrade
    New software system in response to increased vessel traffic and aims to shorten transits
  • GulfMark misses bond payment and agrees to hire advisors
    Shares walloped after offshore vessel owner starts clock on 30-day grace period and pledges to hire two firms known for restructuring deals.
  • Del Rio: Cuba selling 'like nothing else we've ever seen'
    Norwegian Cruise Line Holdings chief executive hopeful that Trump's business instincts will keep industry access to hot destination open.
  • Hurtigruten heading back to Oslo Bors
    Trygve Hegnar planning to take the shipowner public two years after delisting.
  • Golden Ocean shares fly in Oslo and US
    John Fredriksen-backed owner sees market value climb on back of Quintana fleet deal.
  • Fincantieri has no luck wooing Vard shares
    Extended deadline on takeover offer for shipyard shows no change in tendered shares.
  • Korean yards plot few new hires
    Major shipbuilders will recruit only a handful of workers in first half.
  • Havyard stretches bond payment to 2020
    Oslo-listed shipbuilder wins bondholders' support as it makes one-off payment of $3.6m.
  • Ship tunnel moves a step closer
    Feasibility study to be considered by Norwegian government in May.
  • Hyundai Heavy targets 30% revenue rise
    Korean group also expects big jump in profit by 2021 as it splits into four companies.
  • JP Morgan gauges Navios Partners firepower
    Up to 11 bulkers could be added on the back of latest equity raise, Parquette says.
  • Nordic Tankers and V.Group tie up services
    Joint venture between shipowner and crew manager aimed at chemical tanker market.
  • CSAV lines up $260m fundraiser
    Chilean owner asks shareholders to approve capital increase.
  • Fredriksen's Seatankers sets up new company for rig buys
    Northern Drilling to own two units the tycoon is buying from Hyundai Heavy Industries.
  • Containerships cuts its 2016 loss
    Finnish owner says focus on operational efficiency is now paying off.
  • Inttra takes over box manager Avantida
    Online US portal moves into container repositioning with Belgian takeover.
  • GulfMark Offshore lands extra $10m loan
    New York-listed company reaches pact with lenders for vital additional financing.
  • Banks moving against ABG Shipyard
    Lenders to seek investor to take over struggling shipbuilder.
  • Greek bulker gets a tow off Alaska
    Gleamray vessel brought into port after losing power en route from China.
  • DSME cuts loss, mulls cash boost
    Restructuring yard improves 2016 result but still $2.36bn in the red.
  • Cochin Shipyard ferry handover delayed
    Two newbuildings cannot be used in India due to late infrastructure work.
  • Island sells again as loss hits $121m
    Financial restructuring taking longer than expected for Norwegian offshore owner.

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American Shipperweb site
MARCH 15, 2017
  • Arcapita purchases $150m in Dubai logistics assets
    Global investment management firm Arcapita has acquired a portfolio of income-generating logistics assets in Dubai for a total transaction ...
  • 'THE Alliance' adds Wilmington, N.C. to EC2 service
    The Port of Wilmington, N.C.will be called by "THE Alliance" operated all-water EC2 container service between Asia and the U.S. East Coast,N...
  • UPS to invest another $90m in natural gas fleet, infrastructure
    UPS Inc. is investing another $90 million in vehicles that run on natural gas and the infrastructure to support them, the company said in a...
  • Maersk Tankers to study wind propulsion tech
    Maersk Tankers is partnering with Norsepower Oy Ltd., The Energy Technologies Institute (ETI), and Shell Shipping & Maritime, to study ...
  • Special Coverage: Can ocean carriers change their spots?
    Tan Hua Joo has carved out a unique position in the ocean shipping industry as its resident soothsayer. The executive consultant for the ma...
  • Coyote Logistics opens office in Mexico
    Chicago-based Coyote Logistics has opened a new office in Guadalajara, Mexico, marking its 17th location, the company said Tuesday. As a U...
  • Commentary: Lofty climate goals flew too high
    The European Union's regulations aimed at curbing global airline emissions have been around in a diluted form for years, but it seems like ...
  • APL to join former G6 partners NYK, OOCL on Japan-U.S. loop
    Singapore-based ocean carrier APL, now a subsidiary of France's CMA CGM, will join former G6 Alliance partners NYK and OOCL on their jointl...
  • Executive Moves: Ascent Global Logistics, GSC Logistics and OSM Maritime Group
    Source: Pressmaster/Shutterstock Ascent Global Logistics appoints vice president of strategic accounts for Marisol International, while GSC ...

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The Bunker Bulletinweb site
MARCH 15, 2017
  • TENDER DATA: Lebanon takes 150,000 mt of 0.1% gasoil in Q2 2017
    Lebanon previously tendered for 0.5% sulfur content gasoil, but moved to 0.1% gasoil as of September for environmental reasons, sources said.
  • US DATA: US crude stocks snap weekly build streak, fall slightly
    US crude stocks fell last week for the first time this year, while gasoline and distillate inventories saw larger-than-expected draws, Energy Information Administration data showed Wednesday.
  • East-West April fuel oil swap at 5-week low on strong selling: sources
    The East-West swap was assessed at $15.50/mt Tuesday, the lowest since February 9, when it reached $15.15/mt, according to ICE data.
  • Spanish port of Ceuta halts bunker operations on poor weather: sources
    The rough weather has affected other ports in the far west of the Mediterranean Sea.
  • Istanbul bunker premium over Novorossiisk at lowest since August 2012
    Indications at Novorossiisk Wednesday were said to be stable, with indications at Istanbul pegged at $298-$300/mt delivered.
  • US DATA: EIA says residual fuel oil stocks down on import decline
    Domestic stocks ended the week at 39.144 million barrels, a draw of 368,000 barrels from last week.
  • External: Wired Bunkering
  • External: Marine Bunkering(Rotterdam)B.V.
  • TRADER NOTE: Bunker trader Gulf Petrochem hires strategic adviser
  • FUJAIRAH DATA: Oil product stocks rise 4.4% on week to 19.71 million barrels
    Stocks of heavy distillates and residues totaled 9.86 million barrels, up 2.6% week on week.
  • FACTBOX: Avoiding bunker disputes when using mass flow meters
    System integrity is key in MFM-bunkering because there is no limit to how much can be lost.
  • REFINERY NEWS: Kuwait to permanently shut Shuaiba facility in early Apr
    The refiner will switch to producuing 10 ppm gasoil after the upgrade of its 466,000 b/d Mina Abdullah and 270,000 b/d Mina al-Ahmadi refineries in 2020.
  • China makes first-ever US SPR crude oil purchase
    More US crude barrels flowing to Asia.
  • LNG/LPG Neopanamax transits to propel tankers from third to second rank: ACP CEO
    Tanker segment expected to send 96.5 million Panama Canal tons (PC/UMS) through the canal by the end of 2017.

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