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31 March 2020 The on-line newspaper devoted to the world of transports 15:34 GMT+2

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Sched Netweb site
NOVEMBER 16, 2017
  • Hapag-Lloyd net profit surges as merger with UASC boosts box volume
  • China's Yangzijiang Shipbuilding wins orders for 59 vessels worth US$1.6b
  • Sweden's port of Gothenburg starts supplying LNG to vessels
  • Le Havre, Rouen, Paris join in HAROPA to mark 500 years of world trade
  • Virginia sets new monthly record in October handling 265,490 TEU
  • Malaysia Westports' Q3 earnings flat at US$36m on lower box traffic
  • Gemadept buys feeder vessel for US$7.5m from Japan's Nissen Kaiun
  • DHL champions e-commerce with Hong Kong US$371m Central Asia Hub
  • Cathay Pacific to fully acquire Air Hong Kong by end of 2018
  • CDB Aviation, Boeing finalise US$7.4b deal for 60 new aircraft
  • Cargojet Q3 earnings rise to US$4.4m on 10.8pc higher revenue

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Exim Indiaweb site
NOVEMBER 15, 2017
  • CMA CGM suspends Emergency PCS for cargo bound for Dakar & Banjul
  • Dry bulk shipping seen in fragile recovery
  • Hapag-Lloyd registers significant net profit increase in Q3
  • April-Oct. exports show nearly 10 pc rise
  • Container vessel calls to resume at Port of Portland in the US
  • Industrial action planned at the Major Ports
  • Port State control regimes move to boost collaboration, harmonisation & information sharing
  • Difference between Stowage & Segregation
  • Government launches BHARAT-22 Exchange Traded Fund

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International Transport Journalweb site
NOVEMBER 16, 2017
  • An eye on Kaohsiung
  • Booming coal transport on RZD network
  • VLCC "Kisogawa" handed over to K Line
  • Gebrüder Weiss now in Yerevan
  • HGV driving simulator for safe eco-friendly driving
  • Timely delivery of Beaujolais Nouveau
  • Contract to supply Ford prototype parts
  • Port of Strasbourg: Lauterbourg platform extended
  • Moving more and more efficiently
  • DHL repositioning in Hong Kong
  • Big names at Unifeeder
  • Ceva chalks up success in Q3
  • Global operations at ECU Worldwide in new hands
  • Rail services for new Denver cement terminal
  • Hapag-Lloyd's merger bears first fruit
  • Certification for cold storage warehouse
  • Uzbekistan Airways steps up Istanbul service
  • Sisa broadening forwarders' horizons

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IHS Maritimeweb site
NOVEMBER 15, 2017
  • Bank pressure could spur more shipping loan-portfolio sales
  • Product tanker outlook brightens as US stocks fall to within 10-year average
  • Niels Smedegaard Andersen elected to Unifeeder chair
  • Prospects of better 2018 on cards for hard-hit chemical trades
  • Mitsui enters FSRU space through joint venture with BW Group
  • Yang Ming tight-lipped on newbuilding reports
  • COSCO Shipping International's new CFO doubles up as head of risk
  • Sinokor tanker sale bucks uncertain recycling trend
  • Hyundai HI in management shake-up to battle crisis
  • Astomos, Kuwait Petroleum to explore LPG bunkers
  • Hapag-Lloyd profits soar in third quarter as UASC synergies kick in

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The Loadstarweb site
NOVEMBER 15, 2017
  • Car-makers say switch to WTO tariffs would put the brakes on trade
  • Q3 surge in volumes sees Hapag-Lloyd sail back into calmer financial waters
  • Container port throughput growth in Q3 the highest for almost seven years
  • Waiting for that light bulb moment - innovation in air cargo
  • More than 7,000 protectionist measures since financial crisis, says study
  • Cathay Pacific to gain full control of cargo carrier Air Hong Kong
  • A logistics view of Amazon's third-quarter/nine-month earnings
  • Paul Fallon and Tania Wilson in new leading roles at Virgin Atlantic Cargo
  • New INTTRA cargo and space matching tool could be a boon for forwarders

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Marine Logweb site
NOVEMBER 15, 2017
  • Vigor books $8.5 million MSC order
  • INTTRA adds new cloud-based offerings
  • Eastern will use FORAN for OPC build
  • BAE Norfolk shipyard wins Navy contract worth potential $183.7 million
  • Damen SAR passes roll-over with engines running test
  • GulfMark Offshore emerges from Chapter 11 bankruptcy

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Lloyd's Listweb site
NOVEMBER 15, 2017
  • Torm's US listing may pave way for M&A activity
    We are generally of the opinion that consolidation makes sense, says Meldgaard
  • Year-end projections: Tanker and gas
    LNG shipping enters the bull cycle but other segments are hitting bottom
  • Ocean capacity indiscipline driving down fourth-quarter freight rates
    Carriers' reluctance to cut services explains falling prices and abandonment of November GRIs despite strong demand, says Alphaliner
  • Netherlands 'in the frame' for Britannia subsidiary
    British P&I clubs weight options for Brexit
  • Pan Ocean looks to grains for further growth after profits rise
    South Korean bulkers owner and operator targets expansion in Southeast Asian grain trades from 2018
  • Evergreen returns to the black in third quarter
    Net profit of $133m reverses year-ago losses
  • Hapag-Lloyd turns its back on new ship orders
    Chief executive Rolf Habben Jansen says UASC ships will help fulfill future capacity requirements, as Hapag-Lloyd publishes first financials since...
  • Yang Ming denies 20-ship order, but mulls fleet renewal plan
    Company spokesman says all plans are still in the initial stage
  • Daily Briefing
    CSSC is selling $1bn offshore newbuilds to an equity fund
  • Vessel impairments widen Team Tankers losses in the third quarter
    Freight revenue for the quarter looks stable at $60.5m versus $63m in the year-ago period.
  • Overtonnage to depress tanker rates over 2018, says Fitch
    Tanker rates not likely to receive substantial boost from expected rise in global oil demand if vessel supply continues to...
  • GTT wins orders to design LNG tanks for Dynagas FSRU pair
    Vessels scheduled to be delivered in 2021
  • Tamer Masoud takes the honours for outstanding achievement in Lloyd's List South Asia, Middle East and Africa Awards
    The industry veteran, who has overseen the development of the port of Fujairah into a major bunkering hub, will receive...
  • Asian shipping lines show interest in digitalising operations
    Next generation of owners realise the importance of tapping on IT to make smaller carriers more competitive globally, says INTTRA...
  • Beijing calls on ports to end monopolistic practices
    Major state-owned port groups told to cut handling fees by 2018 to help save $530m in export/import logistics costs annually
  • Noble Group in talks with stakeholders to address liquidity
    The commodities trader, which reported a third-quarter loss of $1.17bn, has to cover $1.6bn in bank debt and bonds due...

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The Journal of Commerceweb site
NOVEMBER 15, 2017
  • Jaxport to build auto terminal at Dames Point
  • Slideshow: Top takeaways from JOC Inland Distribution Conference
  • Indian import reform weighs on Allcargo Logistics
  • Yang Ming and HMM quiet on mega-ship orders
  • Long-term investment aversion fuels shipping startups

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TradeWindsweb site
NOVEMBER 15, 2017
  • CEOs dismiss talk of China iron slowdown
    Global production gains in iron ore imports bode well for bulkers, but China's coal demand a 'black-box' risk.
  • Hapag sticks to plan for no newbuilds
    German boxship operator looks to 'sweat assets' over the next couple of years.
  • Results push Dof's Oslo-listed bonds to new low
    Oslo-listed offshore vessel owner sees challenging market going forward after reporting loss.
  • AVIC records profit on higher revenue
    Singapore-listed shipbuilding group's construction segment sees major gain.
  • Saverys shoots down talk of handysize fleet deal
    CMB chief executive unsure where talk of $130m bid from fund originated.
  • Torm will 'look at all opportunities' after US listing, says Meldgaard
    Chief executive happy to be on clear path after tweaking plan for US float.
  • ASL seeks diversification as it turns red
    Singapore owner and yard wants to build tankers as well as OSVs.
  • Astomos signs fourth for LPG bunker study
    Japan's largest LPG importer continues to push liquefied petroleum gas as viable alternative for 2020 sulphur cap.
  • Koch Shipping keeps hold of Japanese capesize
    Koch Shipping looks to have kept hold of one of the capesizes in its initial fleet. The Miyazaki Sangyo-owned 176,900-dwt Lowlands Erica (built 2007) was one of the first vessels taken in by the charterer last year as it looked to grow a stable of around 30 capes. Koch scouts market to achieve target of 30-strong cape fleet Today the Baltic Exchange reports the vessel has again been fixed by Ko
  • Navios Holdings ups note sale to $305m
    Greek owner prices debt at 11.25% as it targets refinancing.
  • PSV rates rocket in North Sea
    UK tonnage list shortens as NAO pockets $19,100 per day for supply job.
  • Eagle Bulk banks $200m from trip to Oslo bond market
    8.25% notes take out pricey debt, extend maturities and set stage for refinancing of owner's main credit facility.
  • Spanish court orders $1.9bn compensation for Prestige spill
    London Club seeking clarification after ruling sets sum payable to Spanish and French governments for 2002 spill.
  • Sanmar wins UAE tug order
    Turkish yard clinches contract for two vessels from Abu Dhabi Ports Co.
  • Chinese teapot sweetener for VLCC owners
    A new quota introduced for China's teapot refiners is welcome news for the crude tanker market. This week China's Ministry of Commerce set the 2018 import quota at 2.85 million barrels per day, a 55% boost on 2017 levels. "The increase could mean one additional VLCC every other day when compared to 2017," one tanker owner explained. Rates for modern VLCCs sat at $31,273 per on Tuesday evenin
  • Kwon moves on as HHI brings in next generation
    Dual CEO structure changed as shipbuilder reorganises top management.
  • Mipo banks $403m from selling shipping unit
    Korean shipbuilder offloads 85% stake in brokerage HI Investment & Securities.
  • Scorpio Services stocks up on Scorpio Bulkers stock
    Purchase sees investment company grow its leading position in the bulker owner.
  • Marco Polo Marine clinches bond deal
    90% of noteholders back waiver and amendment of $37m issue.
  • Island Offshore lines up winter stacking
    OSV owner expects to lay up at least four ships in 'unsustainable' market.
  • GulfMark Offshore exits Chapter 11 after restructuring
    Fresh equity and loan facilities in place for offshore support vessel owner.
  • Torm targets New York float by end of 2017
    Danish owner says papers will be filed with US regulators later today.
  • Evergreen surges back into profit
    Taiwanese container line pushes revenue above costs in the third quarter.
  • Ro-ro 'sabotaged by lemon'
    Trinidad owner says whole fruit was intentionally flushed down its vacuum systems.
  • Containerships sells out $71m bond
    Finnish owner refinancing existing debt and building war chest.
  • Impairments drag Team Tankers to huge loss
    But Oslo-listed tanker owner says it has the balance sheet to go on acquisition offensive.
  • Noble in talks on capital structure, liquidity
    Singapore-listed commodities trader says the latest move is part of strategic review.
  • Miclyn Express Offshore eyes debt restructuring
    Singapore-based vessel operator said to be seeking "consensual" bond overhaul.
  • Dof ASA's earnings return to red
    Oslo-listed company reports loss for the third quarter on back of lower operating income.
  • Pan Ocean posts 55% increase in profit
    Restructured South Koran shipowner latest company to ride the dry bulk market recovery.

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American Shipperweb site
NOVEMBER 15, 2017
  • Over 100 U.S. business groups express support for NAFTA truck provisions
    A group of 101 U.S.-based organizations sent a letter to U.S. Trade Representative Robert Lighthizer on Tuesday in support of maintaining t...
  • COAC recommends ACE system downtime protocols
    A working group within the Commercial Customs Operations Advisory Committee (COAC) on Tuesday recommended that U.S. Customs and Border Prot...
  • Great Lakes shipping up 7% in October
    U.S.-flag Great Lakes vessels moved 9.5 million tons of cargo in October, up 7.1 percent compared to October 2016, but slightly behind the ...
  • Day & Ross acquires REI Logistics, Korten Quality Systems
    New Brunswick, Canada-based logistics company Day & Ross Transportation Group is acquiring REI Logistics and Korten Quality Systems, Lt...
  • Port of Oakland sets another monthly record for container imports
    The Port of Oakland handled the equivalent of 76,706 TEUs of containerized cargo imports last month, making it the busiest October for impo...
  • Port of Los Angeles box volumes slip in October
    Last month was the third-best October in Port of Los Angeles history in terms of container volumes, as the Southern California seaport hand...
  • CORRECTION: HMM posts loss in Q3 2017
    The Nov. 10 AS Daily article, "HMM posts loss in Q3 2017," reported that Hyundai Merchant Marine (HMM) had a net loss of KRW 968.7 billio...
  • PierPass mulls extended gate options at LA/LB port complex
    PierPass Inc., the not-for-profit company that oversees a traffic mitigation fee charged to cargo owners picking up or dropping off loaded ...
  • Hapag-Lloyd grows Q3 earnings as it wraps up UASC integration
    Hapag-Lloyd's net profit for the third quarter of 2017 skyrocketed to 54.3 million euros (U.S. $64 million), a sharp increase from the 8.2 ...

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The Bunker Bulletinweb site
NOVEMBER 15, 2017
  • External: Wired Bunkering
  • Newly launched UAE bunker trader Ennero plans to focus on Middle East, Africa
    Ennero brings a modern, flexible and innovative approach to trading and supply, Lansdowne said.
  • SUBSCRIBER NOTE: Platts to launch new Ultramax, Supramax, Post-Panamax voyage assessments
  • NYMEX announces changes to reflect Platts Singapore gasoil switch to 10 ppm
  • Growing reliance on OPEC once US tight oil plateaus post-2025: IEA
    US to account for 80% of global oil supply rise to 2025 .
  • Trafigura plans to turn Mexico into major refined products export hub
    "Mexico could become the new Panama," Katia Eschenbach, Trafigura oil and gas director for Mexico and Costa Rica said.
  • FUTURES: Crude weakens further as pessimism returns

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