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22 April 2019 The on-line newspaper devoted to the world of transports 16:14 GMT+2

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Sched Netweb site
MARCH 22, 2017
  • DP World 2016 profits up 6.2pc to high of US$1.12 billion
  • Spanish parliament votes down EU port right-to-work edict 175-142
  • CMA CGM posts range of new Asia-North Europe/Med rate hikes for April
  • UK's port volumes drop 3pc in 2016 to total 473.5 million tonnes
  • Panama Canal launches scheduling, resource management system
  • Wilmington draws Asia-US east coast service operated by THE Alliance
  • SM Line launches intra-Asia service with another two within a month
  • Port of Durban to spend US$1.1 billion on infrastructure over 7 years
  • Kenya denies permits to test GM corn because of a standing import ban
  • 500 lbs of marijuana seized on vessel in San Pedro Bay, Los Angeles
  • ATI's 2016 profit up 8pc to US$38 million as volumes hit records
  • Singapore Airlines mulls US$79.9 million provision to pay EU price-fixing fine
  • DHL aims to achieve CEIV status at 7 stations across the Americas
  • Software boss to lead probe into Brexit impact on air cargo sector
  • SATS sells 51pc stake in SATS HK and 4pc in AAT to HK Airlines
  • LATAM back in black despite 6pc revenue decline as cargo falls 7.7pc

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Exim Indiaweb site
MARCH 21, 2017
  • Bahri expands presence in North America by opening first office in Houston
  • Expanded Panama Canal welcomes 1,000th Neopanamax vessel
  • Govt reaffirms commitment to develop inland water transport
  • London P&I Club supports appointment of warranty surveyors for deck cargo loads
  • ZIM to expand Asia-USEC service portfolio by adding two new port calls
  • Additional rail service from Antwerp port to Rhine-Ruhr-Main region in Germany
  • Delegation from US Consulate & American Chambers meet JNPT officials to explore investment opportunities in India's first port-led multiproduct SEZ
  • Kandla Port laying stress on cleanliness & repairs
  • Minister of State reviews dredging, port activities & National Highways projects during Vizag visit
  • No FDI forthcoming in ports sector in first three quarters
  • L&T bags high-value projects in India & abroad
  • New food import regulation in force

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International Transport Journalweb site
MARCH 22, 2017
  • Growing markets
  • Schmidt-Gevelsberg ahead of Lebert and BTG
  • Testing "clean" locomotive in California
  • Cable reels and sockets for DIY aficionados
  • IoT expert for Savi
  • London P&I - remedies for risks from deck cargo
  • Warehouse number 5 in Lion City
  • Trimodal from Austria to Helsinki
  • Top tier change at HMF Ladekrane
  • Brexit causing concerns for aviation industry
  • Promising start to year for SCPA
  • Stellar results: a million plus instead of a loss!
  • Nagel-Group says farewell to CEO
  • Carrying world's best racehorses to Dubai
  • ZIM adding ports of call to network
  • More investments in pharma sector

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IHS Maritimeweb site
MARCH 21, 2017
  • Sovcomflot 2016 profit falls, but specialist business cushions effect
  • Rickmers Maritime given 15 April restructuring deadline by main creditor
  • Lloyd's consortium to target newbuilding risks
  • North of England P&I urges members to watch bunker deliveries in Singapore
  • DSME stakeholders must share losses to get more bailouts
  • Bankers see rising Wall Street access for shipping
  • Dry bulk sentiment is soaring in New York
  • Downward pressure continues for VLGCs
  • Dry bulk freight recovery boosts ship sales
  • US outlines cyber path forward at CMA
  • Keppel FELS novates Transocean rigs to Borr Drilling
  • Seven interested buyers for Goseong O&S

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The Loadstarweb site
MARCH 21, 2017
  • US forwarder offered 'personal shopper' service to evade tough export regulations
  • Shareholders demand change at DX Group - chairman Holt in the crosshairs
  • Asia-Europe shippers 'over a barrel' as carriers use capacity crunch to hike rates
  • Analysis: breathing is harder for box lines as they climb higher debt mountains
  • Hi-tech new blood won't disrupt air cargo, it brings new life
  • Trying to make sense of the new US travel ban

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Marine Logweb site
MARCH 21, 2017
  • Bahri opens second North American office in Houston
  • VIDEO: VT Halter launches Crowley ConRo
  • Borr to take over Transocean jack-up newbuild contracts
  • Damen external BWTS receives IMO Type Approval
  • MAN Diesel & Turbo to power Royal Australian Navy oilers

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Lloyd's Listweb site
MARCH 21, 2017
  • US Justice Dept subpoenas Box Club members
    Top container lines caught up in investigation into global container shipping industry
  • Marshall Islands Registry leaps to second place
    CMA 2017: Influx of bigger crude tankers boosts tonnage alongside bulk carrier growth
  • DryShips eyes sea of opportunities for deploying capital
    Sources close to George Economou dismiss rumoured moves for TOP Ships and Heidmar as nonsense
  • Supramax bulkers continue to firm
    Nickel ore to China dominates reported spot trades
  • Minoan seeks explanations from 48%-owned affiliate Hellenic Seaways
    Grimaldi's Greek subsidiary posts higher profits as it chases takeover target
  • UK Treasury discussing boost for training spending, MP claims
    Unions and owners united in wanting SMartT budget doubled to £30m a year
  • Maersk and MSC reassure anxious US customers
    2M partners confirm terminal calls in LA-Long Beach after local confusion
  • Half-sunken ferry eyesore removed from Piraeus
    Contractor Antipollution SA tows away Panagia Tinou for demolition
  • Forwarders find solutions for Europe-Asia capacity crunch
    Shippers seek southern ports as alternative as low draft on Elbe compounds eastbound ocean freight space shortage
  • Zhonggu Shipping applies for delisting
    Chinese domestic shipping line is said to be seeking backdoor listing in Shanghai or Shenzhen
  • Markel hires Novella from XL Catlin
    Industry veteran appointed assistant cargo underwriter
  • Owners could fall foul of US cyber law
    CMA 2017: Non-compliance with proposed Act could invalidate shipowners' insurance and bar them from ports
  • Korean authorities ask DSME bondholders to take a haircut
    Additional financial aid contingent on such a move
  • Georgia Ports Authority reports 8% rise in box throughput for February
    Total cargo volumes rose 10% to over 2.94m tonnes in the month
  • International Dockworkers Council calls off port strikes this week
    Move comes as Spanish government's port labour reform proposals were shot down in parliament
  • Shipping IPOs will return
    Public offering to likely come from the dry cargo segment, says Capital Product Partners' Jerry Kalogiratos
  • Are product tankers the next big bet?
    Listed owners paint a rosy outlook as freight markets show signs of recovery
  • Let the next great cycle in dry bulk shipping begin
    US-listed bulker firms are back in expansion mode
  • Euroseas targets feeder boxships over bulkers for acquisitions
    Bulker buying interest curbed by recent increases in secondhand prices
  • Guangzhou Port Co firms up $230m IPO in Shanghai
    New shares issued will account for 11.3% of the company's total equity
  • Rolls-Royce inks pact with Stena to develop vessel safety system
    Product to be made commercially available later this year

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The Journal of Commerceweb site
MARCH 21, 2017
  • Shippers increase spend with largest US trucking firms
  • DOJ's carrier investigation targets 'gray area' of oversight
  • New alliance uncertainty slowing trans-Pacific contracting
  • Crowley launches first LNG-fueled ship for Puerto Rico trade
  • VIDEO: Multiple avenues to shipper-carrier cooperation
  • NYSHEX gets $8.5M ahead of launch
  • St. Lawrence Seaway opens amid optimism, policy issues
  • Alliances favor big volume Asia-North Europe shippers
  • Rickmers Maritime faces HSH Nordbank restructuring deadline
  • Current container ship capacity enough for years, Maersk says

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TradeWindsweb site
MARCH 21, 2017
  • CMA 2017: VLCC rates flat through 2018
    High supply and cargo competition keeping tanker rates weak.
  • Dry bulk debated: Is the rise here to stay?
    Broker on CMA panel says jump is only temporary, while two owners feeling optimistic.
  • Norton Rose betting on bullish BC outlook
    Law firm's transport practise head, Harry Theochari, says eastward shift of trade will favour Vancouver hub after merger with Bull Housser.
  • CMA 2017: Trump's not favouring shipping
    Blank Rome partner says first policy moves are more risk than reward for shipping.
  • Former RS Platou investors in $45m Clarksons share sale
    Selldown comes with shipbroker's stock at record highs.
  • DNB Markets: Teekay to combine tanker siblings
    Teekay Tankers will make a bid for TIL before end of 2017, analysts suggest.
  • BDI winning run broken at 14 sessions
    Bulker rates slip from year-to-date highs as capesize and panamax markets pull back marginally.
  • USC expects $122m profit in 2017
    Russian state shipbuilder confident of positive result this year.
  • Kolesnikov sees investor appetite for Sovcomflot
    Chief finance officer confident of attracting shareholder interest when state pushes through shares sale.
  • Regulator warns that DSME creditors must share the pain
    Debt-workout programme looms for struggling shipbuilder unless all stakeholders take a hit, Korean watchdog says.
  • Two missing after tanker clash in Spain
    Fishing boat sank after collision involving Russian vessel off Barcelona.
  • FSL says it has sufficient cash for now
    Singapore owner positive after auditor says loss raises 'going concern' doubt.
  • Lloyd Fonds ups dividend as profit grows
    German shipping asset manager rewards investors after stronger 2016.
  • What's on Northern Drilling's shopping list?
    John Fredriksen's latest vehicle not expected to be short of distressed opportunities.
  • Au takes permanent role at Genting HK
    Founding CEO is back as group president of expanding cruise and yard company.
  • Three feared dead in tanker blast
    Chinese authorities rescue 13 seafarers from vessel off Shandong.
  • Clarksons Platou Securities tunes forecasts
    Tanker estimates cut amid view 2017 will be challenging but not disastrous, while demand growth spurs dry view.
  • EOL details $760m financial ties to Ezra
    Singapore owner remains in talks with banks after parent files for bankruptcy.
  • Wijnne Barends orders six in India
    Dutch owner picks Chowgule yard for new eco-cargoships.
  • Navios Partners seals $100m equity issue
    Greek owner closes the book on a growth capital raise led by Fearnley Securities.

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American Shipperweb site
MARCH 21, 2017
  • Lineage Logistics partners with BluJay Solutions
    Lineage Logistics, LLC, a temperature-controlled warehousing and logistics company, entered into a partnership with BluJay Solutions, forme...
  • Transfix launches online load booking, rate negotiation capabilities for carriers
    Transfix, a New York City-based startup that pairs drivers and loads using an automated matching system, has introduced online load booking...
  • Seaspan expects to benefit from container shipping consolidation
    Seaspan, the largest independent containership lessor, believes it will benefit from the recent emphasis on consolidation, alliances and jo...
  • ATSB warns of lithium battery dangers following mid-flight incident
    The Australian Transport Safety Bureau is warning airline passengers of the dangers of bringing lithium batteries onboard aircraft after a ...
  • BP, HES International to develop tank terminal in Rotterdam
    BP andHES International signed a long-term contract to develop a tank terminal at the Maasvakte in Rotterdam, according to a joint press re...
  • Special Coverage: A public pricing model for forwarders
    Source: KANOK SULAIMAN / SHUTTERSTOCK.COM Ocean freight rates have long been considered the right purely of buyer and seller, a private pie...
  • WSJ: Amazon plans to offer air cargo shipping for Chinese sellers
    Source: Hadrian/Shutterstock In recent months, Amazon began handling ocean shipments to its U.S. warehouses from Chinese merchants selling o...
  • Industry groups urge Trump not to cut TIGER program
    Freight transportation industry groups are urging President Trump to rethink his proposed 2018 discretionary budget. The American Associat...

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The Bunker Bulletinweb site
MARCH 21, 2017
  • US Gulf Coast HSFO reaches multiple fresh lows on tepid demand
  • ICE Brent holding onto narrow contango
  • ICE Brent/WTI spread widens amid focus on US production growth
  • TANKERS: VLCC earnings under pressure as fleet grows -- brokers
  • Marine fuel specialist Aderco International eyes new markets in Asia
  • FEATURE: USGC refiners set to win from the new bunker fuel spec
    North America has about 10% of the global bunker market, compared with Asia's 47% and Europe's 22%.
  • Malta bunkers tighten on high demand: suppliers
  • Newocean Energy's 2016 revenue, profit edge down on low auto-gas sales
  • TANKERS: Ice restrictions lifted in Baltic port of Ust-Luga
    Restrictions in place since February 16 in Ust-Luga, although charterers had been nominating ice-class vessels since December.
  • TRADER NOTE: Manimaran Sellappan leaves Clearlake Shipping after nine years
  • INTERVIEW: Astomos drives Japan initiatives for launching LPG bunkering
    Rebranding fuel status seen as key for LPG bunkering.
  • External: Wired Bunkering
  • Singapore-based Rickmers Maritime given until Apr 15 to submit restructuring plan to lenders
    Plan has to show its recovery would be greater than it being wound up.
  • FUTURES: Crude stable to higher on Saudi export decline

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