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31 March 2020 The on-line newspaper devoted to the world of transports 14:47 GMT+2

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Sched Netweb site
APRIL 21, 2017
  • CMA CGM hikes FAK rates from Asia to Europe and Med from May 1
  • CMA CGM levies north Europe to USWC peak season surcharge on May 17
  • OOCL offers intra-Europe loop - North Europe-Turkey Service (NET)
  • Only three out of 10 top ocean carriers posted a profit in 2016
  • Shipping much better off than one year ago: Singapore's Poulsson
  • Maritime leaders debate future April 25 at S'pore owners conference
  • India's top ports handle record 647.43 million tonnes in 2016-17
  • California passes highways upgrade bill to be funded by fuel tax
  • Maritime economist Bill Ralph joins port of Virginia's trade symposium
  • Hapag-Lloyd ups rates US$200/TEU from South America to North America
  • Digitisation of Russian port and logistics sector on the rise
  • Yang Ming to offer direct Far East-Iraq connection
  • CMA CGM to increase rates from Europe to Indian subcontinent in May
  • CMA CGM applies Europe-West Africa peak season surcharges May 1
  • Canadian Pacific profit off 17pc, revenue up 1pc to US$1.19 billion
  • UPS adds 400 new 'dangerous' commodities to its fly list
  • Ethiopian Airlines starts new cargo services to Milan, Tarragona
  • Air cargo Middle East growth increases 3.4pc in February: IATA
  • Global air cargo has seen ups and downs, but players still optimistic

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Exim Indiaweb site
APRIL 20, 2017
  • AMTOI organises skill development training programme in Mumbai
  • Lexicon Overseas completes two years of successful operations
  • London P&I Club says consistent approach to publication management is essential
  • MANSA to demystify implication of GST on maritime trade at conclave on May 31
  • Moore Stephens warns on dangers of diving unprepared into shipping pools
  • Adani Logistics commissions multimodal logistics park in Punjab & dedicates it to the nation
  • Railway Minister dedicates new freight terminals, flags off freight trains
  • Essar Projects has a noteworthy FY17, looks forward to even better FY18
  • Finished steel exports double
  • India projected to grow at over 7 pc in 2017 & 2018
  • India ranks 8th in foreign direct investment confidence index

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International Transport Journalweb site
APRIL 21, 2017
  • From the roads to the air
  • International collaboration in the area of railways
  • US class I railroad to upgrade rail infrastructure
  • New Turkish cooperation partners
  • Link between Lübeck and Latvia strengthened
  • Helium One to explore deposit sites with airships
  • Three new international Antwerp port representatives
  • Rail freight increased and truck traffic flat
  • Supporting the fashion industry
  • Refrigerated warehouse begins operations at Leipzig airport
  • Fresh cash for Diana Shipping
  • AAR promotes Holmes to president and COO
  • Impressive start to 2017
  • New rail alliance lobbies for open markets
  • Recruitment specialist attracted by Europa
  • Lufthansa Cargo goes west
  • Restructuring of Rickmers Group a matter of fact

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IHS Maritimeweb site
APRIL 20, 2017
  • Samskip buys US freight forwarder Rimar Consultants
  • Judge denies Fredriksen's attempt to derail DHT-BW deal
  • Maersk calls on fellow shipowners to improve Alang recycling standards
  • UK insurers told to plan for the worst on Brexit
  • Volumes up, margins down for K+N
  • Rickmers bows to debt pressure
  • Shanghai port congestion to last into May, say forwarders
  • Epic Gas adds pressurised LPG carrier to fleet
  • London insurance market threatened by Brexit, economist warns
  • Indonesia pushes to cut terminal handling charges
  • Samkang-UAMCO picked to buy Goseong O&S
  • Hyundai Heavy Industries or Samsung Heavy Industries could acquire DSME in 2018
  • Liner operators and shippers at odds over rates
  • Owners eye 'third-party' coal cargoes from Tenaga Nasional Bhd
  • Swiber announces second bond default, on SGD160 million issue

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The Loadstarweb site
APRIL 20, 2017
  • Emirates SkyCargo returns to fuel surcharges - 'more accurate and transparent'
  • Debt restructure may be Rickmers' last hope of avoiding bankruptcy
  • United and Lufthansa Cargo become one between the US and Europe
  • Investors spot a gap and move in on secondhand feeder vessel market
  • Revenue up at K+N in Q1, but exchange rates and rising costs bite into profits
  • Venture capitalists find another big-money market to upend: shipping
  • John Eastland is SEKO Logistics' new president of aerospace and aviation division
  • Yusen Logistics appoints Marloes Seesing healthcare quality director
  • Amazon patents automated on-demand clothing factory

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Marine Logweb site
APRIL 20, 2017
  • Gibdock meets new ISO quality and environmental standards
  • Great Lakes Dredge & Dock wins Corps West Coast contract
  • Bollinger Shipyards delivers twenty third FRC
  • VIDEO: ABS CTO shares a future of smart ships, cyber threats
  • Frontline foiled in bid to block DHT deal with BW Group
  • Rolls-Royce to provide mooring system for Njord A upgrade
  • Virgin Voyages ships to have Smart Air compressors
  • Denmark shows shipowners how to avoid PSC problems
  • Algoma Central in short-sea bulk JV with Nova

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Lloyd's Listweb site
APRIL 20, 2017
  • BW and DHT thwart Frontline's legal bids to block VLCC deal
    Will John Fredriksen really give up after the Supreme Court ruling?
  • Kuehne+Nagel claims significant market share gains
    Sea freight volumes rise 9% to over 1m teu for first-quarter 2017, but operating margins and profits fall
  • Vale sets another record for first-quarter iron ore production
    Coal output is also increasing despite Australian divestment
  • VLGC rates recover after 19% downward correction
    Oversupply could cap upside but charter demand is firming
  • Brazilian CSN terminal outage threatens capesize market
    Average cape earnings down 10% on week as outlook turns bearish
  • Scorpio Bulkers cuts net loss by $24m
    Update: Analyst says earnings were below expectations on costs
  • MPC eyes first eight feeders in Greek-style asset play
    EXCLUSIVE: Initial $100m is only for starters, as Baack and Schroeder outline big league plans for new containership fund
  • Korean authorities aim to find new owner for DSME
    Goal is to cut the top three shipbuilders down to two, says financial regulator
  • China's policy changes hurt intra-Asia product tanker rates
    TC11 lowest in more than three years with China's product exports stemmed by tax, lower quota
  • Bertram Rickmers looking to trim stake in holding company
    Move to allow creditors to eventually offload stake in Rickmers Holding as part of restructuring plans
  • Moore Stephens advises due diligence before owners join shipping pools
    Potential financial, tax and jurisdiction impacts must be scrutinised, says shipping partner Michael Simms
  • US fines Princess Cruise Lines $40m for illegal oil dumping and false records
    Penalty is the biggest on record in deliberate vessel pollution cases
  • Algoma forms shortsea dry bulk venture with Nova Marine
    Both parties targeting opportunities to ramp up the mini bulker business in the Canadian market
  • Rio Tinto first-quarter iron ore shipments battered by bad weather
    Cyclone activity led to temporary closure of ports and rail lines which affected Pilbara shipments
  • DryShips to buy three kamsarmaxes for $68m
    Company expects deliveries over the second quarter of the year
  • Frontline ups the ante in pursuit of DHT
    Lawsuit seeks restraining order against DHT-BW merger plans
  • We don't know the half of it
    The threat to companies from cyber attacks is bigger than we think and chief executives need to take it seriously
  • Hyldager back with new venture
    Former Inchcape boss launches maritime services company Nisomar

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The Journal of Commerceweb site
APRIL 20, 2017
  • Mobile gains second North Europe service
  • Haven pivots from Expedia-for-logistics to TMS
  • Kuehne+Nagel ocean, air traffic soar, but profit slips
  • Lufthansa and United forge trans-Atlantic cargo pact
  • Bertram Rickmers set to surrender control of ailing shipowner
  • New intermodal park to support doubled Mundra capacity
  • Indonesia pushes for lower handling costs at ports
  • Forwarders warn Shanghai congestion could last weeks

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TradeWindsweb site
APRIL 20, 2017
  • Kinder Morgan sees drop in Jones Act rates
  • Navios swells boxship fleet with 14-ship Rickmers buy
  • Scorpio sale aims to boost balance sheet
  • DHT deal with BW 'not defensive'
  • How Frontline's pursuit of DHT unfolded
  • Macleod says Frontline and DHT came within $30m of a deal
  • Pair to settle cargo claims on Flaminia
  • Scorpio Bulkers kamsarmaxes bound for DryShips
  • ExxonMobil set to seal lengthy VLCC deals
  • Dragnis family interests emerge as buyers of products tankers
  • Chinese container carrier rivals brace for price war
  • Fredriksen explores VLCC orders in Korea and China
  • Tanker giant launches legal action against DHT
  • Densay expands into handysize segment
  • Neda signs up to Greek VLCC orders run
  • Weaker rates hurt Atlantis Tankers' profit
  • Sinoriches sued over alleged unpaid bills
  • Indonesian ropax blaze highlights problem of car-deck fires
  • Sammok offloads bulker as values rise
  • Banks save Tschudi from bankruptcy
  • Semi-retirement no walk in park as it still involves 70-vessel fleet
  • Graham Porter plots banking startup
  • CMA CGM, DP World and ICTS in race for Greek port
  • Jera aims to grow outside home turf
  • Purchasing scheme is relaunched by owners
  • New German management giant is in the making
  • L&B/Buss merger 'a partnership of equals not a takeover'
  • MPC Container Ships 'favours' Oslo for full listing
  • CMT weathers worst storm as renewals are imminent
  • Charter market revival filters down to feeder-sized containerships
  • Navigators' rejection of cruise claim upheld
  • Maersk Insurance rings up its fifth profitable year
  • Latest change of guard sees 'Taka' step in for 'Tomo' in little Arendal
  • K Line will wait for an offshore 'sunrise'
  • Kyklades plans aframax tanker series at Sungdong
  • P&I remains soft as Lloyd's shows signs of hardening
  • New questions raised over safety of converted VLOCs
  • Eastern Pacific orders aframax tankers at Hanjin Subic
  • Growing Wilmar linked with supramax buy
  • Wisdom and Shih Wei explore 'brotherly' co-operation options
  • Taylor Maritime turns towards larger tonnage
  • Wah Kwong rules out JP Morgan ultramax sales
  • Growth and tax incentives selling point for Kumiai
  • CIT loses yet another shipping chief
  • Midsize LPG carriers plummeting in value
  • CSL purchases handy bulker
  • Salvaged Sewol in Mokpo three years after tragedy
  • Union increases action for HIV-positive seafarers
  • Salvors work hard to keep shipping clean
  • NOCC looks for long charter for Samho newbuild
  • Excelerate homes in on next FSRU newbuilding
  • Norway's Oslo Shipbrokers delivers steady 2016 profits
  • Bank push sees HMM construct VLCCs at DSME
  • ConTex keeps improving
  • MSC containership adrift in Greek waters
  • ICG tries for $81m EIB newbuilding loan
  • BCI and Cleaves team up on ship finance
  • Cosco Shipping scales down share placement
  • Scorpio Bulkers two cents below consensus
  • Owners warned about diving into shipping pools
  • Winning Shipping adds to capesize fleet
  • Keppel's marine division breaks even
  • Lines hiring lifeguards after pool deaths
  • Bertram Rickmers ready to relinquish control of Rickmers Holding
  • Frontline fails to derail deal between DHT and BW
  • Severnaya eyes gas carriers and tankers
  • Siem Industries buying $35m of bonds
  • Atlantska takes control of IT company
  • Samkang to take over STX's Goseong yard

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American Shipperweb site
APRIL 20, 2017
  • BNSF Logistics heads south to Mexico
    Multi-modal logistics provider BNSF Logistics, LLCannounced its expansion into Mexico on Thursday, via its subsidiary BNSF Railway Servicio...
  • K + N posts Q1 2017 financial results
    Swiss-based Kuehne + Nagel Group's net earnings for the first quarter of 2017 totaled 165 million Swiss francs (U.S. $165 million), slippin...
  • Royal Vopak to expand Santos terminal
    Tank storage company and terminal operator Royal Vopak is expanding its wholly-owned terminal in Alemoaat the Port of Santos. The expansio...
  • Rickmers Group unveils restructuring plan
    A restructuring of Hamburg-based shipowner and breakbulk ship operatorRickmers Group could reduce the ownership stake in the company by its...
  • Tulsa Port of Catoosa posts March cargo figures
    Tulsa Port of Catoosa accounted for 21 percent of the total 1.1 million tons of cargo shipped through the McClellan-Kerr Arkansas River Nav...
  • Detention and demurrage clash continues to heat up
    A debate between shippers, carriers and terminal operators over a petition asking the Federal Maritime Commission (FMC) to regulate detenti...
  • CP's profit tumbles in Q1 2017
    Canadian Pacific Railway's net income for the first quarter of 2017 tumbled 20.2 percent from the corresponding prior year period to $431 m...
  • North American freight market growth continues in March
    The North American freight market showed continued, albeit slowing, growth in March 2017, with volumes registering the fourth year-over-yea...
  • Executive Moves: Port of Virginia, Tiger Cool Express and SEKO
    The Port of Virginia has named Joe O'Brien vice president of ocean carrier sales, effective immediately. He replaces Frank Naughton , who w...

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The Bunker Bulletinweb site
APRIL 20, 2017
  • Panama IFO 380 prices fall to lowest level this month on supplier competition
  • UPDATE: Gibraltar port closed after gale warning
    The Mediterranean bunker fuel hub of Gibraltar has been closed, a spokesman for the port authority said Thursday, hours after a gale warning.
  • Crude unable to hold highs, despite support for OPEC cut
    NYMEX May crude settled down 17 cents at $50.27/b after trading as high as $50.78/b. ICE June Brent settled 6 cents higher at $52.99/b, off an intraday high of $53.55/b.
  • ANALYSIS: Americas VLCC freight climbs on diversification of trade flows
    VLCC freight rates from the Americas to the East of Suez region have climbed 7%-13% over the past two days, sending the cost of moving crude on these shipping routes to its highest point since February 15.
  • TRADER NOTE: UK fuel distributor Prax adds Belgian bunker operation
    UK-based fuels distributor Prax Petroleum said Thursday it will launch a new marine fuel physical supply operation in Belgium next month.
  • External: Wired Bunkering
  • Saudi Oil Minister says OPEC/NON-OPEC output cuts could be extended for 3 or 6 months
    All eyes on May 25 OPEC meeting in Vienna
  • TRADER NOTE: Skangas appoints Kimmo Rahkamo as its CEO
    Rahkamo will take up his new role on May 15, 2017.
  • Russia's Novak says coordinated output cut with OPEC could be extended by 6 months: report
    OPEC will hold a technical meeting in Vienna on Friday to review the latest production figures and market statistics.
  • FUTURES: Crude nurses wounds after 4% tumble on US gasoline build

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