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31 March 2020 The on-line newspaper devoted to the world of transports 15:27 GMT+2

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Sched Netweb site
APRIL 24, 2017
  • Asia-Europe rate continues weekly rise, up 1.6pc to US$880/TEU
  • Taiwan's Yang Ming seeks bailout, suspends trading after huge losses
  • Cosco Shipping Ports' March box traffic up 9.5pc to 8.6 million TEU
  • Kuehne + Nagel quarterly profit down 2.4pc, but revenues rise 7.2pc
  • SM Line buys more ships to expand its intra-Asia service reach
  • Mega alliances 'failing miserably', says Drewry Maritime Research
  • US import volumes shrink in February but outlook looks good: NRF
  • Port of Virginia box volumes jump 8.9pc 232,148 TEU in March
  • South Carolina ports hit 192,411 TEU March record, quarter up 9pc
  • JAXPORT boosts of last US call by 2M to Busan, Qingdao and Shanghai
  • Hong Kong airport tops record, moves 433,000 tons in March
  • Singapore's ground handler SATS wins EU okay to ship Kiwi meat
  • Kansas City Missouri airport cargo falls 2.4pc in March
  • Turkish Cargo seafood freighter flights to Oslo twice weekly

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Exim Indiaweb site
APRIL 23, 2017
  • Allcargo Logistics signs MoU with Maharashtra State Skill Development Society under CSR initiative 'Nipun'
  • Mundra Commissionerate issues instruction on acceptance of payments by CFSs, Electronic Delivery Order
  • Norway first to ratify compensation regime for hazardous & noxious cargoes
  • Provenance & the Doctrine of "General Average"
  • World Bank approves $ 375 m loan for developing National Waterway-1
  • Mumbai Port planning ropeway service between Sewree & Elephanta Island
  • Pakistan leases Gwadar port to Chinese firm for 40 years
  • Summary of the meeting held on April 21, 2017 by the Chairman, Indian Ports Association with the Federations of Port & Dock Workers in Mumbai
  • Gujarat SEZs, including KASEZ, register noteworthy growth in 2016-17
  • United Airlines & Lufthansa Cargo announce cargo joint venture agreement
  • Commerce & Industry Minister says govt will engage constructively with US & other countries to resolve visa issues
  • You ask.. We answer...

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International Transport Journalweb site
APRIL 24, 2017
  • Whisky on board
  • KCSM: investigation relied on faulty analysis
  • US forwarder invests USD 500 million in technology
  • Re-using an old site
  • Old boys' network strengthens Samskip's reefer position
  • Welcome to Breakbulk Europe
  • Brussels Airlines Cargo implements pharma solution
  • Margins still under pressure
  • New delivery service for e-tailers in Chile
  • Double acquisition in Rotterdam
  • USA Truck appoints Bates as EVP and CFO
  • Upgraded Antonov light aircraft lifts record weight
  • Albatross Express now calls on Koper
  • Italian investment
  • Twice the prices of 2016: the WCI by Drewry
  • Yusen Logistics appoints healthcare quality director
  • Hong Kong air cargo continues to soar

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IHS Maritimeweb site
APRIL 21, 2017
  • Data-driven Nisomar set to provoke new thinking
  • Former Costa Concordia master pleads his case before top Italian appeal court
  • Norwegian Hull rebounds on investment returns
  • Keppel O&M breaks even in 1Q17, Singapore yard closures on track
  • Navios Maritime Partners buys Rickmers Maritime fleet for USD113 million
  • Mixed ratings for restructured SK Shipping
  • Bunker Holding denies restructuring talk
  • SM Line eyes route expansion to Canada

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The Loadstarweb site
APRIL 21, 2017
  • Yang Ming share trading halted as carrier moves to reduce equity capital
  • Congestion at Shanghai fails to help spot rates out of Asia
  • Samskip to buy US perishables forwarder Rimar Consultants
  • Pressure on margins sees Panalpina profits take a hit in Q1
  • The psychology of business: bad makes a greater impression than good
  • Cities seek deliverance from e-commerce boom
  • 'Fast, vast and low-priced' - Amazon sets sail for Australia
  • World's busiest port grapples with congestion

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Marine Logweb site
APRIL 21, 2017
  • Austal USA hands over Expeditionary Fast Transport
  • Vigor wins $7.7 million MSC contract
  • Great Lakes Towing awards Subchapter M contract to ABS
  • JV eyes opportunities for marine market hydrogen projects
  • Uzmar delivers two tugs it started building on spec
  • MM&P: Tug shortage hits Panama Canal transit numbers
  • Siem Offshore wins multiple contracts worldwide
  • Headed for Denmark: Molslinjen's new cat leaves Tasmania
  • Navios swoops on Rickmers containerships

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Lloyd's Listweb site
APRIL 21, 2017
  • Port of Thessaloniki receives improved takeover offers
    ICTS, DP World subsidiary and CMA CGM throw their hats in the ring
  • Frangou's Navios sees limited downside in boxship deal
    Acquisition of Rickmers Maritime fleet adds optionality at low cost according to company executives
  • Humber ports look to life after Brexit
    Despite their reliance on shortsea trade with Europe, terminals on the Humber estuary are taking the threat of Brexit in their stride
  • Panalpina reports strong growth
    Forwarder is confident about further volume increases in 2017 and determined to restore profitability to its ocean division
  • Nigeria rocked by two piracy attacks
    Pirates abducted eight crew members off a tug after unsuccessful attack on crude oil tanker
  • Liability cover did not include named co-insured, court rules
    Cruiseship general sales agents could not recoup substantial payouts made to passengers hit by norovirus
  • Liberty Prrudencia crew pushes legal case against owner
    Abandoned crew approaches ITF to proceed with legal case against owners for over $180,000 in unpaid wages
  • Backhaul Europe-Asia spot rates continue journey north
    Capacity shortage shows little sign of being resolved, as rates climb above headhaul levels
  • Yang Ming faces battle over shipper sentiment
    Government backing means little likelihood of Hanjin-style collapse
  • Cyclone boon for bulker owners?
    Coal shipments from distant countries could boost tonne-miles after Australian outage
  • Yang Ming suspends share trading
    Financial crisis at Taiwanese container carrier unlikely to lead to a repeat of last year's Hanjin supply chain catastrophe, analysts say
  • DSME seeks court approval for debt restructuring plan
    Scheme likely to be implemented in early May
  • Rickmers Maritime sells boxship fleet to Navios for $113m
    Proceeds from the vessel sales will repay debt owned on the trust's secured credit facilities
  • Keppel O&M slashes 1,250 jobs in the first quarter
    Move to deal with reduced workloads as industry downturn persists
  • Singapore launches second maritime leaders training programme
    Port authorities partnered Singapore Management University with Human Capital Leadership Institute to host programme

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The Journal of Commerceweb site
APRIL 21, 2017
  • Savannah exceeds NY-NJ for trans-Pac alliance services - for now
  • Eimskip acquires US container lessor and seller for know-how
  • Uncertainty delays rise in contract truck pricing
  • Panalpina profit down despite higher ocean, air traffic
  • US truckload carriers see rising demand
  • Yang Ming suspends share trading
  • Japanese logistics firms expand Indian operations
  • Navios scoops up busted Rickmers Maritime fleet
  • Spot rates on backhaul Europe-Asia trade surge on
  • Yangshan terminals 'paralyzed' as ship delays hit three days

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TradeWindsweb site
APRIL 21, 2017
  • Castleton and Hudson Shipping bury hatchet in newbuild fight
    Judge releases $1.37m in seized funds after US companies reach settlement agreement.
  • Chiquita, insurer sue Kollakis Group after banana damage
    Fruit giant and insurer Markel target Kollakis Group and Chartworld after mechanical delays allegedly led to cargo damage.
  • Colombia seizes drugs from Seatrade reefer
    Authorities find 400 kilograms of cocaine on Dutch shipowner's Cala Palma.
  • Ferry owner Fjord1 plans listing in Oslo
    Per Saevik-controlled company plans to use cash to buy out Sogn county government.
  • Oldendorff's Brazil fixtures help fuel sharp cape spot slump
    Time-charter assessment suffers largest single-day drop since January.
  • Taiwan Navigation turns to red
    Taiwanese bulker owner racks up loss for 2016 as revenue dips.
  • Knutsen LNGC damaged in grounding
    Sevilla Knutsen heading to repair yard after incident in Pacific.
  • Concordia Maritime charters in MR pair
    Tanker owner strengthens its position through fresh one-year contracts.
  • Atlantska Plovidba adds managed bulker
    Croatian owner strikes deal with Northern Glory for handysize.
  • DSME seeks court approval for debt rejig
    Shipyard bids to access $2.6bn cash injection after winning approval for refinancing.
  • Diana Shipping linked to Thenamaris bulker
    Nikolas Martinos-led owner tipped to make first S&P move this year with kamsarmax sale.
  • OSV tonnage list lengthens in North Sea
    Quiet period puts rate gains in peril for anchor-handlers.
  • RMT sold out to avoid long wind-up
    Singapore-listed company explains the reason behind the $113m fleet transaction deal with Navios.
  • First Steamship cuts loss in 2016
    Taiwanese bulker owner benefits from lower one-off costs.
  • EIB and ABN open $160m green shipping facility
    European and Dutch banks join forces to "fill the financing gap" for the greening of fleets.
  • Third time's a charm for Navios?
    Latest distressed fleet deal viewed as "fair" and "low risk" by analysts, but panamax exposure adds a potential question.
  • Noble sending drillship into layup
    Shell charter worth $488,000 per day ended in March.
  • Siem secures 1,220 days of employment
    Oslo-listed company strikes eight new deals that will see part of its fleet mobilised worldwide.
  • Annual profit falls at Sincere
    Taiwanese bulker owner saw revenue fall faster than costs in 2016.
  • Murmansk Shipping eyes bulker purchases
    Russian owner wants more after sealing first acquisition in 10 years.
  • Robbers board bulker in Indonesia
    Crew deters raid on vessel at Samarinda anchorage.
  • Eight crew kidnapped in Nigeria
    Pirates raid offshore tug near Brass; tanker fired on.
  • Court approves judicial management for Swissco
    Singapore offshore company the latest to be placed under control of restructuring experts.
  • GoodBulk confirms panamax bulker deal
    John Michael Radziwill-controlled venture expects to take delivery of ship in the summer.
  • Vale increases first quarter iron ore output
    Brazilian mining giant set to move more of its inventories to Asia and Middle East.
  • Vitol agrees Gazprom LNG supply deal
    Dutch oil trading giant to receive 300,000t per annum in multi-year deal starting in 2018.

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American Shipperweb site
APRIL 21, 2017
  • Maritime task force presents policy recommendations to Danish government
    The Danish Shipowners' Association said a task force within the Danish government has presented a series of concrete proposals to enhance t...
  • Report: Yang Ming stock trading suspended amid capital restructuring
    Trading of shares in Taiwanese ocean carrier Yang Ming have been suspended on the Taiwan Stock Exchange until at least May 4 as the firm pr...
  • Special Coverage: Navis thinks outside the terminal
    Navis, a leading provider of terminal operating systems (TOS), is extending its reach further along the links of the supply chain. "Our am...
  • Port of Everett breaks ground on new rail line
    The Port of Everett in Washington state has begun construction on new rail line, the port authority said in a statement. The Pacific North...
  • Goodman expands at Port of Hamburg
    Logistics real estate owner Goodman is planningtodevelop a35,000-square-meter logistics center at the Port of Hamburg, the German port said...
  • Truckload rate free fall hits 13th straight month
    Truckload rates fell another 0.9 percent in March 2017 compared with the same month a year ago, the 13th consecutive month of year-over-yea...
  • Intermodal rate growth continues in March
    Intermodal rates grew for the sixth straight month in March 2017, rising 4.8 percent compared to the same month last year, according to the...
  • Report: Chinese shipyards see new orders plummet
    Shipbuilders in China have seen orders for newbuild vessels plummet 25.4 percent year-over-year to 5.54 million deadweight tons in the firs...
  • Werner Q1 2017 profits fall despite increased revenues
    Werner Enterprises Inc. saw its first quarter 2017 profits tumble 20.3 percent to $16 million compared to the same 2016 period, according t...

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The Bunker Bulletinweb site
APRIL 21, 2017
  • ARA fuel oil stocks down slightly on fewer incoming M100 cargoes
    Fuel oil stocks were the only ones too fall, with all others rising.
  • Bunker demand increases in West Mediterranean amid Gibraltar closure
    Las Palmas, Spain, was also experiencing higher buying appetite.
  • European Investment Bank signs Eur150 million green shipping deal
    Projects aimed at reducing emissions or increasing fuel efficiency will be eligible, both for retrofitting vessels and building new ones.
  • External: Wired Bunkering
  • Current oil price reflects demand and supply balance: Novak
    Saudi Arabia and Russia have given strong indications they would back a continuation of the cuts.
  • External: Global Risk Management
  • Saudi Arabia, Russia signal support for production cut extension
    - Falih says deal could be extended three or six months - Novak says production cuts 'successful' so far - Gulf Cooperation Council ministers see positive H2 market signals
  • TANKERS: WAF-China VLCC route hits two-month high
    Rates surge due to strength in Persian Gulf market
  • South Korea's GAS Entec plans world's first LNG-fueled reefer carrier
    Upto 30% operating cost savings also expected

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