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24 October 2017 The on-line newspaper devoted to the world of transports 06:05 GMT+2




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Sched Netweb site
SEPTEMBER 18, 2017
  • Asia-Europe rate falls 5.3pc to US$769/TEU, rises 7.7pc to USWC
  • CMA CGM back in black, orders nine 22,000-TEUers to be world's biggest
  • OOCL cancels raft of transpacific sailings to cover Golden Week holiday
  • THE Alliance authorised to set up fund to deal with member insolvency
  • Cargo handling gear market said to hit US$89.4 billion in 2024: study
  • TT Club helps with guide on using reefer boxes for non-reefer cargo
  • Despite dockers dispute Port of Valencia keeps volumes positive - barely
  • MCC's Northport joins Sarawak short-sea carriers in mini alliance
  • Euroseas buys 4 feeder box ships from Euromar JV for US$25 million
  • Navya to set up plant in South Australia to make autonomous vehicles
  • TRAC Intermodal on US east and west coasts to meet rising chassis demand
  • New deal as Cargolux traffic now wholly handled by Emirates in Dubai
  • Atlas Air confirms DHL freighter lease to perform round the world delivery
  • Lufthansa, IAG Cargo, Air France KLM, Finnair enjoyed high August demand

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Exim Indiaweb site
SEPTEMBER 17, 2017
  • CMA CGM outperforms the market with very strong operating & financial results in Q2 2017
  • Essence of "Both-to-Blame" Clause on the Contractual Obligations
  • India signs deal with JICA to upgrade Alang-Sosiya shipyards
  • SCI becomes first Indian company to reach six million deadweight tonnage
  • Ban lifted on exporting some varieties of pulses
  • India seen importing more edible oil
  • Chennai Customs Brokers' Association elects office-bearers for 2017-19
  • August exports see impressive 10.30 pc rise
  • Congratulations to the finalists & winners
  • MALA 2017 once again brings the fraternity together to salute excellence

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International Transport Journalweb site
SEPTEMBER 18, 2017
  • Electric trucks for US deliveries
  • QCS receives AEO certificate and quality award
  • Ten years of service at WDC
  • Flying valuables around the world
  • New guide for handling reefers as NORs
  • More capacity for Oakland
  • Belgian air and sea cargo connection
  • Human Rights at Sea - CEO retiring
  • 30 new locomotives for European operations
  • Duss and Hamburg: just good friends
  • Tri-national test circuit for automated driving
  • XPO's last mile network expanding
  • Daikin hires expert for reefer department
  • Budapest: two conferences and new DHL facility
  • Rastatt - still not back to business as usual
  • Security programme rollout at US ports

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IHS Maritimeweb site
SEPTEMBER 15, 2017
  • CMA CGM bumps up profits and confirms mega ship order
  • UK ports remain apprehensive about Brexit impact
  • Norwegian ballast water equipment maker Oceansaver files for bankruptcy
  • MPC Container Ships starts with losses
  • South Korean shipbuilders seek lower steel prices
  • Morocco's Tangier Med plans global reach
  • JKL Partners recoups investment in Pan Ocean
  • Hyundai HI sells another manufacturing subsidiary

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The Loadstarweb site
SEPTEMBER 15, 2017
  • Rates war or not, ocean volumes and load factors are falling as slack season looms
  • FMC chief Doyle applauds 'innovative' THE Alliance fund to prevent another Hanjin 'debacle'
  • Hi-tech solutions bring some joined-up thinking to air and sea
  • Shipping has 'collective blindness' and must improve its cyber security
  • Analysis: Hapag-Lloyd - a hungry Maersk may be waiting to pounce
  • Hurricanes, ELDs and capacity: perfect storm for haulage capacity crunch and rates boost?

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Marine Logweb site
SEPTEMBER 15, 2017
  • CMA CGM confirms order for nine 20,000 TEU box ships
  • Crowley sends 14 Jones Act tankers to Florida ports
  • Great Lakes Dredge and Dock books contracts worth $87.3 million
  • Ferry landings integral part of new NYC Ferry service
  • Koch brings first cargo of ultra-low sulfur diesel into Mexico
  • Carnival, Arisons and Miami Heat pledge $10 million for Irma relief
  • Small screw came loose, big ferry grounded
  • Cat has advanced new propulsion system in the works
  • Pioneering BWMS manufacturer files for bankruptcy

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Lloyd's Listweb site
SEPTEMBER 15, 2017
  • ABP chief executive James Cooper to resign
    ABP expects to appoint a successor in 2018
  • Low-sulphur fuel future will have consequences across the industry
    Lloyd's List Business Briefing speakers advise that careful preparation is the best way to mitigate expected risks
  • GasLog Partners buys a third LNG carrier from sponsor
    Another dropdown after the MLP raises cash distribution
  • CMA CGM in landmark order for 22,000 teu ships worth a potential $1.2bn
    The French line confirms order as it outperforms the industry in the second quarter, rounding off a busy few months...
  • TEN stays in profit despite tanker market slide
    Greek owner began 22 new period charters in first half as newbuilding odyssey winds to a close
  • Intra-Asia box rates war predicted
    Regional agreement to raise rates in the coming months could fall flat due to excess capacity, Drewry says
  • World Fuel Services readies industry for critical 2020 decisions
    Crunch time is approaching for many players in shipping to make critical choices for the future of their business in...
  • IMO approves updated guidance for bauxite shipping
    The updated guidance, which is likely to come into force in 2019, should help save lives at sea
  • How much to marry a willing bride?
    Cosco Shipping may have to up its game if PIL is to concede to be its next acquisition target
  • Daily Briefing
    Europe will suffer if it introduces Brexit trade barriers, warns UK trade minister
  • South Korean builders call for lower steel price to rival Chinese
    Korea Offshore & Shipbuilding Association says the country's steelmakers and shipbuilders must co-operate to survive
  • Flags flying high
    The top 10 to 20 dominant flag states enjoy a comfortable, if not insurmountable, cushion from their smaller counterparts
  • And finally - Last word from London International Shipping Week
    The lighter side of a week ricocheting between London events
  • Kugs das blog
    Life on the inside... the making of a maritime journalist
  • MPC Container Ships posts first half loss
    Oslo-listed group is in an expansion phase, having begun buying its fleet in April this year
  • China offshore wind a multibillion dollar market for shipping
    Beijing's thirst for green energy could bring shipping opportunities in transport, installation and maintenance
  • Will energy shipping come to an end?
    Despite burgeoning headlines about renewable energy and electric vehicles, demand for oil, gas and coal will not disappear in the...
  • Crowley deploys 18 product vessels to resupply hurricane-hit Florida
    Relief vessels will transport 2.75m barrels of gasoline and 500,000 barrels of diesel to major ports in the state
  • Oakland gets $1.8m in government grants for port security upgrades
    Oakland port to pay 25% of the $2.4m total cost of the security projects
  • The Alliance establishes $50m rainy day fund
    Contingency fund to act as first line of defence against insolvency by one of the members
  • Seadrill gets court approval to continue with business operations amid restructuring
    Approval allows company to continue paying its workers, suppliers and vendors as debt restructuring proceeds
  • Vigilance is vital over international sanctions breaches
    Companies must protect themselves from the fallout of any breaches in the wake of the delivery of Siemens' turbines to Moscow-annexed...

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The Journal of Commerceweb site
SEPTEMBER 15, 2017
  • Rail pricing decider in US coastal port fight
  • CMA CGM confirms mega-ship order, swings to profit
  • Port Houston chassis tight post-Harvey
  • Trans-Pac spot rate rises overcome month-long stagnation
  • Amazon's logistics expansion gains momentum
  • India to reform port pricing to spur investment
  • Rhine Alpine shutdown sets back European container rail
  • Asia-Europe spot rate tumbles to 11-month low

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TradeWindsweb site
SEPTEMBER 15, 2017
  • Greece strengthens class societies after oil spill
    Government boosts role at expense of its own bureaucracy after Agia Zoni II sinking.
  • Norway gets green light on change to tax refund scheme
    Owners operating deepsea vessels flying Norwegian colours now get full reimbursement of tax contributions for Norwegian and European seafarers
  • TEN reports result in line with consensus
    Tanker owner is focusing on the winter ahead as its second quarter performance held no surprises.
  • Two more United Ocean ships set to be sold
    Trustees of the collapsed Japanese owner United Ocean Group are set to sell two more bulkers shortly and the last kamsarmax ship could end up with Oslo-based Songa Bulk. The Tsuneishi built 81,000-dwt Ocean Liberty (built 2015) is set to have offers by next week and could possibly fetch some $24m. Is there a black swan in bulker recovery story? Arne Blystad-led Songa last month bought a siste
  • Sinopec sends first VLCC diesel cargo to Europe
    Chinese chartering giant books CoscoCS newbuilding for groundbreaking trip.
  • Teekay Tankers starts $45m share buyback
    New York-listed tanker owner reveals plans to repurchase Class A shares targeting increased liquidity.
  • GasLog drops down another LNGC for $186m
    GasLog Partners to make ninth acquisition from parent company.
  • Polaris sends VLOC for demolition
    South Korea's Polaris Shipping is selling an elderly former VLCC for demolition. Sources say the 261,000-dwt Stellar Cosmo (built 1992) has been sold for scrap in either India or in Pakistan for $423 per ldt or $17m. Polaris bought the ship as the VLCC Suzuka in March 2007 for $39.5m. The vessel is due for special survey. The company has a number of elderly VLOCs in its fleet, including the
  • Detained PSV to be auctioned off
    Scottish court clears sale of GOL's Malaviya Seven to pay crew wages.
  • Credit-Suisse tips products tanker upturn in 2018
    Slowing supply growth will help push rates up by at least one-fifth next year, analyst believes.
  • Migrants in limbo on DFDS ro-pax
    Tensions rise as group of 12 Africans kept on ship sailing between Turkey and Ukraine.
  • Burgess Marine opens new repair yard
    UK group teams with Portsmouth council for latest facility.
  • MPC Container Ships starts with a loss
    Oslo start-up hit by initial costs as it builds boxship fleet.
  • Boa Offshore seals financial restructuring
    Norwegian owner cuts loss after finalising debt extensions in downturn.
  • Skangas LNG bunker ship makes debut voyage
    Coralius brings fuel from Stavanger to Fredrikstad.
  • Seanergy still sees red despite revenue surge
    US-listed capsize owner says it has also regained compliance with Nasdaq listing requirements.
  • Bulker banned for underpaying crew
    Australian Maritime Safety Authority says vessel was keeping two sets of wage accounts.

news on subscription
American Shipperweb site
SEPTEMBER 15, 2017
  • CMA CGM thrives in Q2 2017
    CMA CGM recorded a net income of $219 million for the second quarter of 2017, compared to a net loss of $129 million for last year's second...
  • Report: E-commerce causing airport infrastructure headaches
    E-commerce has increased cargo volumes to a point where some airports are questioning how to handle all the cargo. A panel at the Airforwa...
  • CWT Commodities U.S. office joins T. Parker Host, becomes Host Logistics
    The full staff of the U.S. office of logistics company CWT Commodities has joined Virginia-based terminal operator T. Parker Host to form H...
  • Australia bans Panama-flagged bulk carrier for underpaying crew
    A Panama-flagged bulk carrier has been barred from entering Australian ports for a year after the vessel was discovered keeping two sets of...
  • Ferreira succeeds Motsick as CEO of Catapult
    Freight rate management software provider Catapult International has named Virgil Ferreira as its new chief executive officer, the company ...
  • Port of Oakland to develop emergency ops center using FEMA grant
    The Port of Oakland will use $1.8 million in newly awarded federal Port Security Grant Program funding to help implement two new port secur...
  • Container yard expansion continues at the Port of Felixstowe
    The construction contract for the next expansion phase at Hutchison Ports Port of Felixstowe has been awarded to VolkerFitzpatrick Limited,...
  • New Jersey firm fined $400,000 for export violation
    The State Department's Directorate of Defense Trade Controls (DDTC) this week imposed a $400,000 civil penalty against Barrington, N.J.-bas...
  • Additional firms sanctioned for ties to Iran
    The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on Thursday designated 11 more entities and individuals for engaging...

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The Bunker Bulletinweb site
SEPTEMBER 15, 2017
  • Asia Aframax rates at four-month high on increase in trading volumes
    The Aframax market in Asia rose to the key Worldscale w100 level for the first time in four months Friday on an increase in trading volumes, sources said.
  • Istanbul bunker prices approach nine-month high amid tight barge availability
    Bunker fuel prices at Istanbul, Turkey, rose to its highest point in almost eight months Friday amid tight access to barges.
  • First Mexico private marine fuel terminal further cracks Pemex monopoly
    Mexico's transportation fuels market took another step towards liberalization as the first private marine terminal in the country, in the Gulf Coast port of Veracruz, has started operations.
  • NYMEX products rally as crude remains on cusp of $50/b
    Refined product futures led the oil complex higher Friday, giving a lift to crude, which has moved toward the upper end of the recent trading range as the demand outlook turns bullish.
  • NWE bunker price highs driven by gains in Brent
  • Malta bunker fuel values surpasses two-year high on strong benchmark
  • SUBSCRIBER NOTE: Platts to publish LNG bunker posting in Vancouver from Oct 2
  • South Korea's Hanyu to expand tanker fleet to 20 by 2025
    It also plans to expand bunker trading in Singapore to include cargo and ex-wharf.
  • External: Wired Bunkering
  • External: Global Risk Management
  • FUTURES: Oil ticks down amid profit-taking
  • Nigeria won't join OPEC cuts until output stabilizes further -- minister
    Nigerian output has grown sharply in the past few months due to relative calm in the Niger Delta, as militants attacks have fallen sharply.
  • ULCC TI Europe enters drydock as Unipec's time charter draws to a close
    The 442,000 dwt and 2002 built, TI Europe is owned by Euronav which says on its website that the vessel was on time charter until August 22, 2017.
  • US Secretary of State Tillerson urges China, Russia to take action against N Korea
    -China meets most of N Korea's oil needs: Tillerson -UN Security Council to hold emergency meeting on N Korea Friday




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