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17 December 2018 The on-line newspaper devoted to the world of transports 05:34 GMT+1




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Sched Netweb site
FEBRUARY 20, 2017
  • Asia-Europe rate falls 6pc to US$858/TEU, off 3.7pc to Med ports
  • Cosco Shipping Ports' January throughput rises 7pc to 8.38m TEU
  • Korea Shipping to buy 10 HMM box ships as part of US$633.7m prop up
  • Yang Ming to boost capacity of Taiwan-Philippines Express service
  • Expansion of Virginia box terminal begins to raise annual capacity to 1.2m TEU
  • London P&I Club loses Cosco's business following merger with China Shipping
  • US agency used selective ship data to boost global warming
  • CP appoints railroading business veteran John Brooks as CMO
  • Lufthansa reaches agreement on pay deal with pilots
  • Royal Jordanian and CHAMP Cargosystems set up e-AWB system
  • Atlas Air Worldwide to provide 747-400F Service for Asiana Cargo

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Exim Indiaweb site
FEBRUARY 19, 2017
  • Bahri opens new office in Mumbai
  • Hanjin Shipping officially declared bankrupt
  • UN discusses preventive strategies for maritime security
  • Chinese market beckons Indian arecanut
  • Exports of oilmeal surge
  • Iran a major oil exporter to India
  • Tata International Ltd bags prestigious export awards in finished leather & overall exports categories at 32nd India International Leather Fair 2017
  • Antwerp port's Deurganck dock around the clock
  • Krishnapatnam Port Container Terminal boosts connectivity to Far East & South-East Asia with commencement of HMM's weekly ACS service
  • Member (Traffic), Railway Board discusses key connectivity & cargo handling issues during visit to Kandla Port
  • Mumbai Port secures third place in All India Major Ports Football Tournament
  • Petronet LNG registers highest ever profit
  • RUSCON acquires top Russian logistics company SLG-Operating
  • Continuing positive growth gives hope of export sector revival, says Dr A. Sakthivel
  • CUSTOMS NOTIFICATION
  • You ask.. We answer...

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International Transport Journalweb site
FEBRUARY 20, 2017
  • High export value
  • Road wins market share
  • Anglo-American collaboration at Heathrow airport
  • Innovative tank cars for methanol transport
  • Yang Ming updates financial status
  • Shipper awards Grieshaber
  • Found: a home for the last Concorde
  • Cutting logistics costs in China
  • Iata introduces finalists of 2nd innovation awards contest
  • Car maker invests in gas powered trucks
  • Alibaba welcomes the next ocean carrier
  • Aviation security in USA - a statement
  • Europe's airports with highest growth since 2010
  • Logistics park opens next to Indian port
  • 800 locomotives for India's two new rail corridors
  • "Key focus on Rickmers Maritime's solvency"
  • Captain Norman disembarks from Rightship

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IHS Maritimeweb site
FEBRUARY 17, 2017
  • MSC container ship fire extinguished after several days
  • Solvang eyes two ethylene carriers at Hyundai Mipo Dockyard
  • Ezra secures four-month charter with Ocean Yield
  • The timeline of Hanjin Shipping's demise
  • Fincantieri gains 502,517 more VARD shares, postpones offer again
  • Hanjin Shipping declared bankrupt, ending 40-year existence
  • Seoul finance chief: No crisis for DSME in April
  • Agritrade eyes more VLCC acquisitions for floating storage
  • New York shipping professionals poised for 'Trump bump'
  • OW Bunker battles drag on as New York caseload lightens

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The Loadstarweb site
FEBRUARY 17, 2017
  • Transpacific carriers hit by softening market just as contracts are up for renewal
  • AF-KLM blames cargo losses on low load factors and stiff competition
  • DHL and Huawei plan to give supply chain management a hi-tech facelift
  • Tumbling property value growth impacts warehouse specialist Segro's profits
  • Amazon air cargo could be a step too far, if it can't ensure fulfilment on the ground
  • Pressure grows on EU to pull the plug on Germany's contentious road tolls
  • Cold chain specialist Jiuye gets financial backing for expansion in China

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Marine Logweb site
FEBRUARY 17, 2017
  • Vigor Marine wins $24.4 million MSC contract
  • Eastern selects Gastops for OPC Dynamic Response Analysis
  • MTU presents integrated Tier III solution at defense show
  • Court declares Hanjin Shipping bankrupt
  • Ulstein firms up order for giant plug-in hybrid ferry

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Lloyd's Listweb site
FEBRUARY 17, 2017
  • GasLog sees improving market after strong fourth quarter
    Owner benefits from new project cargoes and eyes next dropdown deal
  • Knot Offshore Partners 'a well-oiled machine'
    Shuttle tanker specialist delivers on its earnings and performance guidance
  • Owners beat P&I renewals rush
    Pricing flat as owners become increasingly cost-conscious and strike deals early
  • Shorter cycles to shake up tankers
    Restricted access to fresh capital could push boom and bust closer together
  • Spot market hit by post-Chinese New Year blues
    Rate erosion pales in significance compared with 2016 levels
  • Piraeus port boosts pre-tax profit by 13%
    Cosco-controlled Greek port counts increased revenue from container terminal
  • Frontline's DHT takeover attempt: The emergence of NAV as valuation tool
    How fair is Fredriksen's unsolicited offer to buy his rival?
  • Maersk inks e-commerce pact with Yun Qu Na
    Partnership follows deal with Alibaba in December last year
  • Solvang eyes ethylene carriers deal with Hyundai Mipo
    Delivery of up to four vessels scheduled over the first half of 2019
  • China Cosco launches captive insurance business
    Chairman Xu Lirong says company can benefit from cost reduction and premium investment
  • Vale iron ore shipments hit record high in 2016
    Miner produces 348.8m tonnes of iron ore, beating its own guidance
  • Port of Antwerp box terminals to open around the clock
    Move to raise capacity and spread out handling volumes
  • Auditor issues disclaimer on Rickmers Maritime results
    Loan and note repayment defaults to blame, says PwC
  • Seoul court declares Hanjin bankrupt
    Creditors have until May 1 this year to submit their right to claim
  • ICS calls on UN to act on migrant deaths
  • Zim sale plans on hold while bigger players regroup
    Buyers for mid-sized Israeli line could be sought later in the year

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The Journal of Commerceweb site
FEBRUARY 17, 2017
  • Maher seeks permission to sell Hanjin boxes
  • Broad trucking coalition asks Chao to quash CSA rulemaking
  • Terminal gains footing in fierce Santos competition
  • Gothenburg port strikes planned next week
  • Capacity discipline restrains trans-Pacific spot rate drop
  • Ukraine violence raises EU-Russia trucking costs
  • DP World aids productivty scheme at JNPT
  • Asia-Europe spot rates continue fall despite capacity cuts

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TradeWindsweb site
FEBRUARY 17, 2017
  • Iraqi oil minister vows tanker fleet renewal
    Second largest Opec oil producer to build fleet destroyed in first Persian Gulf War.
  • Emas asks lenders for two-month reprieve
    Troubled offshore vessel operator continues ongoing refinance talks.
  • Navigator Leo finishes voyage after fire
    LPG ship experiences fire overnight in the provisions store, but damage is light.
  • Color Line orders hybrid vessel at Ulstein
    Norwegian owner will take delivery of innovative ship from compatriot yard in 2019.
  • Economou linked to buy number 10
    Greek shipowner's busy week continues with reported purchase of aframax resale.
  • Golden Union picks up Japanese capesize
    Theodore Veniamis-fronted owner adds to fleet with purchase of Koyo-built bulker.
  • GasLog eyes next dropdown after earnings miss
    Chief executive Paul Wogan says next deal with MLP will come within a few months.
  • Hanjin bankruptcy is 'rock bottom point'
    Drewry analyst Rahul Kapoor does not expect more liner companies to fold in the future.
  • DHT Holdings set to sell oldest VLCC
    Fleet renewal move will leave New York-listed owner with only post-2000-built tankers on the water.
  • Scorpio Tankers executives buy up stock
    Investment runs to beyond $4.5m and follows dividend reduction and bullish profit projections.
  • Vinalines plans to reduce Haiphong Port state
    Vietnamese shipping company intends to cut its holding from 92.6% to 65%.
  • Philly Shipyard rings up stronger profit
    Oslo-quoted Jones Act shipbuilder books higher bottom line during year that saw over $90m in dividends.
  • Solvang picks Hyundai Mipo for newbuilds
    Oslo-listed LPG owner says firm vessels will be delivered by the first half of 2019.
  • Flex LNG eyes Geveran LNGC newbuilds
    Move will see John Fredriksen entities consolidate LNG activities in Oslo-listed vehicle.
  • Hanjin Shipping declared bankrupt
    South Korean line ends 40 year existence. Creditors have until 1 May to claim outstanding debts.
  • Fourth quarter loss at Euroseas quadruples
    Vessel impairments drag down results at Aristides Pittas-led bulker and containership owner.

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American Shipperweb site
FEBRUARY 17, 2017
  • Port of Piraeus posts earnings, volumes for 2016
    Source: Milan Gonda/Shutterstock Container throughput at the Port of Piraeus in 2016 fell 20.3 percent from a year prior, as Pier I's main c...
  • Union Paving and Construction Co. wins contract with Port of NY/NJ
    Source: The Port Authority of New York and New Jersey The Port Authority of New York and New Jersey awarded the contract to Union Pacific an...
  • ZIM signs up with Alibaba
    ZIM is the latest ocean carrier to sign up with Alibaba to allow customers of the e-commerce site to book space on its vessels, Reuters rep...
  • Executive Moves: CP and Troy Container Line
    Source: Pressmaster/Shutterstock Canadian Pacific Railway names chief marketing officer, while Troy Container Line promotes FCL export manag...
  • 2M Alliance to adjust transatlantic string
    Mediterranean Shipping Company said the 2M network will add the Port of Wilmington, N.C. and a second weekly call tothe Port of Savannahas ...
  • Qatar Airways Cargo expands pharma flights
    Source: Qatar Airways Qatar Airways Cargo started an additional weekly flight from Basel to Doha, and launched two additional Airbus A330 fr...
  • Death of an ocean carrier
    Source: Sheila Fitzgerald/Shutterstock Hanjin was once the largest container carrier in Korea and the seventh-largest in the world. It's al...
  • Mantle Ridge fires back at CSX
    Activist investor Paul Hilal's Mantle Ridge LP has sent a letter to CSX Corp. to clarify its position in negotiations to install outgoing C...
  • Southeastern Freight Lines continues Texas expansion
    Less-than-truckload carrier Southeastern Freight Lines has opened a new service center in Garland, Texas. The 104-dock door facility is th...

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The Bunker Bulletinweb site
FEBRUARY 17, 2017
  • Oil complex nearly flat after NYMEX RBOB crack rebounds from low
    NYMEX March crude settled 4 cents higher at $53.40/b, off an intraday low of $52.88/b. ICE April Brent settled 16 cents higher at $55.81 after having fallen as low as $55.10/b.
  • Malta bunker market bearish amid mixed dynamics
    The marker closed Thursday at $55.40/b Thursday, down 44 cents from Wednesday's settle
  • Heavy refinery works in Europe could be postponed on good margins
  • Uncertain tax position clouds Italian bunker market: sources
    Bunker fuel traders selling in Italy to have Italian VAT registration, so that VAT of 22% can be levied and maybe claimed back
  • External: Wired Bunkering
  • Finland's Viking Line sees 18.9% drop in bunker costs in 2016
    Consolidated bunker expenses fell to Eur39.5 million (about $42 million) as a result of lower prices and efforts to optimize its vessels' fuel consumption
  • South Korea's Hanjin Shipping officially declared bankrupt: agency
    South Korea's Hanjin Shipping was officially declared bankrupt by a Seoul court on Friday after a two-week period for appeal expired
  • Royal Vopak to expand oil storage capacity in Durban, South Africa
    It also plans to expand the capacity of its existing Durban terminal by 130,000 cu m
  • SHIPPING: S Korea's Hyundai Merchant Marine benefits from Hanjin collapse
    "Our volume and market share have gradually increased since Hanjin Shipping's receivership"
  • FUTURES: Crude ticks up on expectations of continuing supply cuts
  • ANALYSIS: Russian, Kazakh, Azeri crude output cuts tentatively on track
    The three countries are among 11 major non-OPEC producers that signed on to cut a combined 558,000 b/d in production




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