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20 October 2018 The on-line newspaper devoted to the world of transports 06:38 GMT+2




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Sched Netweb site
FEBRUARY 17, 2017
  • Hong Kong container throughput rises 3.5pc in January
  • LA Port's busiest January on record handling 826,640 TEU
  • China foreign trade still faces big challenges despite strong Jan results
  • CMA CGM updates India Middle East Gulf to East Africa services
  • CMA CGM does EU northern range, east/west Med in NC Levant loop
  • Port Everglades faces difficulties in targeting Mexico, Asia growth
  • New shipping route between Philippines and Indonesia to open in April
  • CMA CGM inks agreement with Alibaba to provide digitalised services
  • Cathay Pacific combined airfreight volume increases 2.3pc in January
  • Cargo throughput rises at London Heathrow, Gatwick in January
  • Canberra Airport has potential to become an international air freight hub

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Exim Indiaweb site
FEBRUARY 16, 2017
  • EU member states asked to reject European Parliament's proposal to include global shipping into regional CO2 trading system
  • Growing LPG shipping seen facing oversupply rate pressure
  • Hamburg Süd's improved East-West services launching in April 2017
  • Liberian Registry launches innovative new website
  • Reliance shipyard in Pipavav to repair US Navy vessels
  • HAROPA ports to hold roadshows across 4 major cities in India to enhance EU-India trade & transhipment volumes through the ports
  • Cathay Pacific & Cathay Dragon see increased cargo liftings in the new year
  • Fairfax India acquires 51 pc of Saurashtra Freight Pvt. Ltd
  • Gujarat Logistics wins top road transport award for second consecutive year
  • Inventory of bridges on National Highways being carried out
  • Exports rise again in Jan. 2017
  • Plea to again allow pulses exports
  • Industry leaders to assemble in Gandhidham for Gujarat Junction 2017 - CEO Roundtable & Cargo & Logistics Awards 2017 tomorrow

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International Transport Journalweb site
FEBRUARY 17, 2017
  • Stable results
  • Secret "eye" prevents HGV accidents
  • Conway and Leible to lead Airport Services Association
  • Contract signed and sealed
  • Class 88 locomotives arrive in UK
  • Medlink Ports emphasises hinterland development
  • Scooping up Kenyan pharmaceutical distributor
  • New Scandinavia-Southeast Europe rail service
  • MD picked for Palletways Poland
  • Expansion work begins at port of Virginia
  • Roll-out of first B787-10 - Trump to watch?
  • Less weight per consignment
  • Cooperation on north-south corridor
  • Hanjin Shipping liquidated, fleet remains
  • YTO orders three B737-300 conversions
  • Europa to augment employees' donations
  • ECS teams up with Canada's Exp-Air

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IHS Maritimeweb site
FEBRUARY 16, 2017
  • Viking Line's 2016 results continues downward trend
  • NYK looks to big data to enhance its dry bulk analysis
  • Norwegian Cruise Lines orders four plus two ships at Fincantieri
  • HMM acquires Hanjin Shipping's terminals in Kaohsiung and Tokyo
  • Spanish unions suspend planned dock labour strike
  • Auditor casts doubt on Rickmers Maritime
  • Odfjell unveils plan to expand chemical carrier and terminal businesses
  • STX Corporation sinks deeper into debt
  • World's first LNG bunkering vessel delivered
  • Solid Q4 box volume unable to grow demand for container ships
  • Hyundai HI: Business split-up key to survival
  • Full relaxation of mainland cabotage rules not an imminent threat for Hong Kong
  • Seoul reaffirms commitment to ease fallout from Hanjin Shipping's demise
  • HMM making "positive progress" in negotiations with shippers
  • Private equity pursues more targeted shipping approach
  • Shipping restructuring remains centre stage in New York

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The Loadstarweb site
FEBRUARY 16, 2017
  • ATSG thinks big on its future with Amazon and eyes expansion in China
  • Rickmers in plea to creditors for help to escape going under as debts mount
  • With shipping coalitions set for launch, HMM snaps up more Hanjin terminals
  • Up to 200 jobs to go at Toll Group as domestic operations falter
  • Goodman embraces global e-commerce juggernaut
  • Michael Kouri confirmed as new FMC chairman
  • uShip lands $25m investment from DB Schenker as trucking platform launches
  • CSX board to vote on appointment of Hunter Harrison as new CEO next month

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Marine Logweb site
FEBRUARY 16, 2017
  • Coast Guard rescues four crew members from lift boat
  • Navy Commander charged in Fat Leonard Affair
  • Winter work, ATB newbuilds keep Fincantieri Bay busy
  • Huntington Ingalls earnings beat analysts' estimates
  • Coast Guard responds to Alaska tug grounding
  • BAE Norfolk wins $42.9 million Navy contract
  • Norwegian Cruise Line orders four ships at Fincantieri
  • Hitachi Zosen books order for SCR systems

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Lloyd's Listweb site
FEBRUARY 16, 2017
  • APMT's new boss sets sights on Maasvlakte2 productivity boost
    New chief executive admits productivity levels are still way below expectations, but new targets have been set for the end of 2017
  • Euroseas posts bigger loss after vessel write-downs
    Bulker and boxship owner keen on further purchases while prices are low
  • BHP deal triggers double-digit recovery in Australia-China cape rate
    But overall market sentiment remains bearish with weak Brazilian trade
  • Greek owners aim to keep top spot
    Shipowner's president hails 20% share of world capacity but says success must translate into benefits for struggling homeland
  • LR2 product tanker rates surge on strong naphtha market
    Daily earnings surge by nearly $8,500 on Middle East-Japan route
  • Spanish ports strikes postponed
    Unions will not go through with strike after Spanish government delays vote on labour shake-up for another week
  • Claims inflation could push up P&I premiums, American Club warns
    Rising commodity prices and political risk make 2017 outlook uncertain, says Joe Hughes
  • Consolidation and disruption
    Are we being hoodwinked by owners that talk publicly about co-operation and cutting fleet strength, then order newbuildings discreetly on the side if the price is right?
  • Cosco Shipping launches $875m logistics fund
    Fund to target central China overland logistics projects
  • Odfjell sails back into the black but chemtankers are still challenging
    Growing protectionism adds risk to chemical tanker shipping
  • Ex-Deutsche heavyweight Roos launches ship finance boutique
    Maritime Asset Partners aimed at mid-caps squeezed out by bankers
  • New financial sanctions in force in the UK
    Policing and Crime Act changes the UK's system of enforcement of financial sanctions through the Office of Financial Sanctions Implementation
  • Lord Davies in the frame for Lloyd's chairman
    Former trade minister reported to be in the frame to succeed John Nelson as nominations committee weighs merits of market outsider
  • Rickmers Maritime losses grow
    Debt crisis affecting boxship owner's ability to trade
  • MayBulk affiliate refloats grounded vessel
    Total salvage expenses are estimated at $800,000
  • DSME wins LNG vessel patent case in China
    China State Intellectual Property Office dismisses application by Chinese shipbuilder
  • Guangzhou Port Co gets IPO approval
    Port operator expects to raise $233m to invest in port expansion project
  • Fincantieri extends Vard offer deadline to March 10
    No mention made about any offer price increase in the latest statement
  • LNG shipping rates soften as Asian demand maxes out
    LNG carrier spot charter rates drop more than 10% to $43,000 per day from January levels
  • South Carolina box volumes rise 8%
    Port authority handled an all-time record container volume in January, a traditionally slow month
  • German shipowners join chorus against EU ETS
    Decision will have adverse impact on jointly held discussions within the IMO
  • Dry bulk market buffeted by mixed trade prospects
    Future earnings will partly be influenced by events beyond the control of shipowners, says MSI
  • Japan inks five dry bulk newbuild export orders
    Result is a 45% increase over the year-ago month
  • RightShip chief executive Warwick Norman steps down
    Mr Norman will stay on as a strategic consultant to assist in the transition to a new chief executive
  • HMM's Asia to US west coast volumes double
    Updated: HMM to buy another terminal operating firm from Hanjin
  • Concrete proposals
    Shell has started a charm offensive over the decommissioning of its Brent field

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The Journal of Commerceweb site
FEBRUARY 16, 2017
  • China's January exports to US and EU get year off to a flying start
  • More Asian imports drip away from US West Coast
  • Textainer CEO: Short-lived container shortage possible
  • FMC set to scrap 30-day service contract amendment rule
  • HMM acquires Algeciras, Kaohsiung, Tokyo terminals
  • 3PLs turn to tech as e-commerce transforms 'middle mile'
  • Trump policies hold short-term risks for intermodal
  • No plans to relax Chinese cabotage laws
  • Indian logistics companies ride trade recovery
  • ILA, USMX aim to beat deadline for new contract
  • Container volume growth absorbed by existing fleet

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TradeWindsweb site
FEBRUARY 16, 2017
  • Dof sees wider loss at year's end
    Oslo-listed offshore vessel owner sees slightly worse utilisation in fourth quarter.
  • ER Schiffahrt strengthens focus on shipmanagement
    Switch from KG-related player to emphasis on third-party management reflects the new market realities
  • Cyprus shipmanager returns to roots for cruise campaign
    Columbia Cruise Services aims to grow as third-party manager in the 'cruise centre' that is Hamburg
  • German shipping faces ongoing upheaval as slump shakes sector
    Much of country's shipping heritage is being lost as the industry continues to suffer what could well turn out to be the deepest and longest downturn in its history
  • Economou linked to $210m-worth of tanker and bulker transactions
    George Economou is being linked with fleet transactions in the tanker and bulker markets in deals that could run to $210m for eight vessels.
  • Greeks test the water for VLCCs at Korean yards
    Low pricing is tempting major owners to explore newbuilding orders
  • Owners hold the upper hand in pricing clashes with P&I clubs
    Rate reductions of up to 5% are starting point for many negotiations, with fewer fleets on the move
  • Golar LNG poised to tow veteran Gandria in for FLNG conversion
    New name revealed for world's first LNG carrier-to-FLNG unit conversion as eyes turn to second job
  • Bad decisions led to 'new normal' of boom-bust: Seacor's Fabrikant
    Pain has become common for offshore owners as the industry has been littered with over-exuberant belief in 'new paradigms' for 45 years, says head of major US group at the OSJ conference
  • Hyundai Heavy declares VLCC rudder woes solved
    South Korea's Hyundai Heavy Industries (HHI) says it has solved technical issues that had affected the rudders on some of its recently delivered and under construction VLCC newbuildings.
  • El Faro: safety experts question stability rules
    Logic questioned of 2009 amendments to Solas convention that means older ships face less stringent standards
  • Zeaborn marks 'milestone' by buying loss-making rival
    German company's acquisition of Rickmers-Linie shines the light on an investor with an 'anti-cyclical' approach to shipping
  • Navibulgar axes options and pushes back deliveries
    Bulgarian owner and Jiangsu Hongqiang Marine Heavy Industry agree to delay completion of order due to yard's inexperience with unconventional design
  • UK court rejects Teekay Tankers claim over STX
    Judge rules in favour of yard's argument that agreement over the 12 options was void
  • Navig8 Group closes in on $340m LR2 order in China
    Deal for up to eight tankers backed by Minsheng and New Times buyers' credit
  • Songa Bulk has cash to double fleet
    Arne Blystad-backed Songa Bulk has the firepower to more than double its fleet after an over-subscribed private placement last week.
  • Oldendorff buys post-panamax at bargain price
    Germany's Oldendorff Carriers continues to be active in the sale-and-purchase (S&P) market by buying a Chinese-built, post-panamax bulker from compatriot owner Herm Dauelsberg.
  • MSC holds talks on taking a chunk of Linea Messina
    Further consolidation is on the cards with Gianluigi Aponte eyeing synergies from buying into family owned Italian conro specialist
  • Wagenborg strengthens fleet with 15 MPP ships
    Dutch owner adds seven ships from compatriot Feederlines andeight ships from Germany's Liberty One Shipmanagement
  • Citibank to release arrested Toisa tanker
    Bankrupt shipowner gets back vessel to help fund debt obligations to bank.
  • Diana Shipping finds work for capesize
    New York-listed owner nets new charter from SwissMarine amid signs of market improvement.
  • Taiwan Nav buys Yang Ming stake
    Compatriot owner spends $6.5m on container line's shares in private sale.
  • DSME claims victory in patent case
    Korean yard says Chinese attempt to block LNG fuel system has failed.
  • Morch charts 'Odfjell Compass' growth paths
    Chief executive explains how 100-ship target can be reached; insists strong balance sheet will not be surrendered.
  • DBS loan provisions jump to $1bn
    Offshore shipping woes hit annual result at Singapore's biggest bank.
  • HMM in talks with Walmart
    Korean owner looking to take over US retailer's deal with collapsed Hanjin.
  • Ocean Yield in stop-gap deal with Ezra
    Oslo-listed owner signs new charter for Lewek Connector; stays at table for EMAS Chiyoda talks.
  • APL Austria damage revealed
    South Africa says at least 300 boxes to be removed after fire in cargo hold.
  • Salvage plan awaited for holed boxship
    Danish authorities working with Peter Dohle to patch up grounded Victoria.
  • Hanjin bankruptcy closer than ever
    Korean liner company removes most online pages and sells remaining terminal business to HMM.
  • PGS expects better 2017 but stays red
    Seismic vessel operator posts $293.9m loss but gets ready for market recovery.
  • RMT pleads with creditors to take a hit
    Singapore boxship trust continues survival fight as losses mount.
  • Fincantieri wins $5.1bn order from NCL
    Cruiseship owner inks deal for four firm vessels, plus options for two more.
  • Odfjell targets fleet of 100 ships as it returns to profit
    New long-term project will see owner add around 30 vessels as it focuses on chemical tankers.
  • Fugro buys chartered Solstad OSV
    Dutch owner takes over former Rem ship following long-term lease.

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American Shipperweb site
FEBRUARY 16, 2017
  • ILA, USMX say informal contract talks were 'productive and fruitful'
    The International Longshoremen's Association (ILA) and the United States Maritime Alliance, Ltd. (USMX), which held informal contract discu...
  • Executive Moves: Alaska Airlines and Siemens Postal, Parcel & Airport Logistics
    Source: Pressmaster/Shutterstock Alaska Airlines has named Charu Jain vice president and chief information officer and Chris Berry vice pr...
  • DP DHL parters with Huawei on IoT supply chain tech
    Source: AR Pictures/Shutterstock Deutsche Post DHL Group is partnering with information and communications technology solutions provider Hua...
  • SoftBank to acquire Fortress Investment
    SoftBank Group Corp. said it had entered into an agreement to acquire Fortress Investment Group LLC for approximately $3.3 billion in cash....
  • HMM acquires two more Hanjin terminals
    South Korean shipping company Hyundai Merchant Marine (HMM) said Thursday it has entered into a contract to acquire Hanjin Shippingterminal...
  • NSC: Motor vehicle-related fatalities jump 6% in 2016
    Source: Jaromir Chalabala/Shutterstock An estimated 40,000 people died in motor vehicle crashes last year, the most since 2007, according to...
  • Two terminals at Port of Antwerp to offer 24-hour gates
    Two major container terminals at the Port of Antwerp will be offering 24-hour truck gates during the week starting March 20, 2017, the port...
  • SCPA's box volumes soar in January
    The South Carolina Ports Authority (SCPA) handled 185,018 TEUs in January, up 27.5 year-over-year. Loaded imports in January stood at 83,09...
  • NRF: U.S. container imports to grow 4.7% in first half 2017
    Import volumes at major container ports in the United States are projected to rise 4.7 percent in the first half of 2017 compared with the ...

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The Bunker Bulletinweb site
FEBRUARY 16, 2017
  • March-April 3.5% barge timespread positive for first time in four weeks
    The March-April timespread was trading on the Intercontinental Exchange at 50 cents/mt at 1200 GMT Thursday. The last time it was positive was January 17, when the ICE settlement value was also 50 cents/mt.
  • External: Wired Bunkering
  • FUTURES: Crude steady amid OPEC cut compliance, high US stocks
  • Aframax rates rocket 34% on day on increased activty, fewer ships
    Rates rise on fundamentals
  • TANKERS: Asia LR2 rates at five-week high on demand surge, supply squeeze
    The supply squeeze is impacting the key Persian Gulf-Japan LR2 worldscale rates, which have moved up by 32.5 worldscale points in the last two days




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