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03 April 2020 The on-line newspaper devoted to the world of transports 09:37 GMT+2




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Sched Netweb site
MAY 24, 2017
  • MOL adds 2,200 reefer boxes to boost pharma, perishable volumes
  • Norwegian places order for first crewless 100 - 150 TEU box ship
  • DaChan Bay Terminals welcomes New Pacific South Loop 4
  • Taiwan's Yang Ming to buy slots on China-Southeast Asia service
  • BIMCO mourns sudden death of security chief Giles Noakes
  • Houthi-controlled Yemeni Port of Hodeidah increases harbour fees
  • Logistics talent shortage identified at Georgia summit in Atlanta
  • Victoria government advised to not build major box port for 40 years
  • South Carolina Ports - Charleston - posts record 189,315 TEU in April
  • UK close to being net wheat importer with poor crop, ethanol demand
  • Cargojet quarterly profit off 40pc to US$1.9 million, but sales up 13pc
  • India looks to develop common IT to streamline air freight industry
  • Canada to slow Boeing fighter buy if Boeing blocks Canadian plane sale

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Exim Indiaweb site
MAY 23, 2017
  • Allcargo Logistics registers increase in volume in MTO & CFS businesses
  • CMA CGM announces a second service between India, Middle East & Africa - the Midas 2
  • Essar Shipping acquires Panamax vessel of 74,005 DWT
  • MOL to construct Japan's first LNG-fueled tugboat
  • Reaction of Capt. Vivek Anand, MANSA President, on the new GST rate
  • The Nautical Institute launches maritime evidence guidelines
  • APM Terminals Mumbai berths its largest vessel till date
  • Cochin Port bags two Best Performance Awards from Ministry of Shipping
  • Prime Minister launches various projects of Kandla Port Trust

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International Transport Journalweb site
MAY 24, 2017
  • Airfreight performance back on track
  • Preservation of rail corridor to port of Brisbane
  • France: HGV to run on wine makers' waste
  • Spectacular special transport in Florida
  • Kiwi Rail goes for RR engines and Chinese traction
  • Flughafen Zürich wins Iquique airport concession
  • MOL for saving energy
  • Nautical Institute gets new CEO
  • New pharma gateway opens in Frankfurt
  • Shuttle saves 288,000 HGV km per week
  • Most successful month for Europa's forwarding team
  • Linfox announces departure of first CEO
  • Volga-Dnepr supports power supply in Madagascar
  • Modest profit increase for Scandlines

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IHS Maritimeweb site
MAY 23, 2017
  • Safety risk of ageing VLOCs could translate into bulker rate upside
  • US Coast Guard focused on Trump's regulations rollback
  • Pirates 'could turn to drones and cyber attacks to target shipping'
  • Spanish dockers call off strike as new deal emerges
  • Maritime sector must move with the times
  • Lone investor obstructs DSME's restructuring
  • Vallianz sinks into loss with USD215 million asset write-down
  • HMM reported to have sold Capesize amid firming asset prices
  • Kawasaki HI to cut shipbuilding jobs at home as more orders move to China

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The Loadstarweb site
MAY 23, 2017
  • 'Enough is enough' - CMA CGM unveils cancellation fee for no-show boxes
  • Atlas hits out as rival carrier WGA applies for China-US freighter service
  • Intra-Asia container trades on the up, but carriers fail to benefit
  • Interview with Marie-Christine Lombard: Geodis eyes expansion and investment around the world, but eyes it calmly
  • Too fast, too soon: how China's growth led to the Tianjin disaster
  • Delivery drone that can carry 2,000lbs of cargo
  • WFS announces management changes in corporate restructure
  • Kirsten Castillo Hall appointed CEO of GlobalTranz

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Lloyd's Listweb site
MAY 23, 2017
  • Diana Shipping improves first-quarter net results
    Greek bulker owner posts better daily earnings and lower expenses per vessel
  • Funds raised to cushion d'Amico
    Fresh cash will prepare us for the market recovery when it comes, says Fiori
  • Opec meeting expected to extend cuts
    Analysts suggest output reduction has a staggered impact on tanker demand, but watch out for US crude exports to compensate
  • Building the Japanese giant
    The successful integration of Japan's container carriers will require mutual respect and careful management, but could result in a global giant
  • Boxports urged to diversify as customer numbers shrink
    Opportunities for container terminals despite squeeze on costs and revenue
  • Disruptive technology means new risk conversations for marine insurance, says Marsh
    Blockchain and autonomous shipping could be gamechangers, Marsh warns
  • Pacific region offers glimmer of light amid gloomy supramax market
    Coal and zinc cargoes to help market gain some strength
  • Cosco Shipping Holdings' trade halt holds firm
    OOIL share price rises 11.5% on week as chatter about an OOCL acquisition resurfaces
  • It was a very good price, Odfjell says of chemtanker purchase
    Norwegian owner lands bargain as it renews fleet during soft freight market
  • Venezuela tanker demand holds despite social crisis
    Maduro regime and PDVSA prove resilient as longhaul shipments to China offset falls in overall exports
  • Asian export growth showing signs of slowing
    Indicators suggest the early 2017 box boom has been a blip
  • China Jiangsu province merges eight major ports
    Port consolidation is speeding up at a provincial level
  • Ocean Rig seeks court order to start debt restructuring
    Process will involve a debt-equity swap, a cash payment, and a new loan to pay off existing debt
  • Is the shipping industry ready to transform digitally?
    We asked eight experts to identify which digital innovation they expect to have the biggest impact on their business over the next 24 months

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The Journal of Commerceweb site
MAY 23, 2017
  • Carriers say mega-ship sizes maxing out, but doubts remain
  • Container shipping marketplaces spark debate on BCO value
  • BBC Chartering adds Europe-US Gulf service
  • Port users urge government intervene in Gothenburg dispute
  • Shippers see upsides, downsides to Novorossiysk privatization
  • Trade impact of US-Mexico wall uncertain
  • Allcargo Logistics earnings slump on restructuring
  • CMA CGM to levy cancellation fee on Europe-Middle East-India trade

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TradeWindsweb site
MAY 23, 2017
  • Scorpio grabs Navig8 Product Tankers
    New York-listed products tanker owner swells fleet with deal to take over Oslo OTC-listed rival.
  • 'Bad news bears' at Diana Shipping strike optimistic tone
    New York-listed shipowner's president says 'at long last' there are signs of a well-supported recovery.
  • SCF shows resilience despite lower profit
    Russian tanker giant makes less in the first quarter but says it outperformed its peers.
  • Diana Shipping trims loss amid gains on both sides of ledger
    Revenue grows, expenses decline for New York-listed bulker owner, leading to slimmer-than-expected loss.
  • Anchor-handler fixtures plunge in May
    North Sea tonnage building up as market begins to look ominously quiet.
  • German yards on the up, but problems remain
    Yard association VSM says orderbook growing, but downturn still having an impact.
  • Vallianz ties up $115m of charters
    UPDATE: Singapore offshore owner seals long-term deals for four ships.
  • Digital heavyweights back new bulk platform
    Yahoo and PayPal magnates supporting commodity start-up Shipamax.
  • Jan De Nul orders two more
    Singapore's Keppel yard group bags potential $86.5m repeat deal for dredgers.
  • Scandlines profit falls despite revenue rise
    Baltic ferry operator carried 10% more passengers in 2016.
  • Oman Shipping launches VLCC desk
    Middle East tanker owner takes another step towards in-house management after pulling out of Navig8 pool.
  • Veder and Sirius unveil Coralius
    First European-built LNG bunkering vessel limbers up for Skangas
  • DIS banking $39m from rights offering
    Take-up of new shares and warrants hits 99% as balance sheet boosted.
  • Monjasa sheds tankers after tough 2016
    Danish bunker group plunges to annual loss, but 2017 positive so far.
  • Odfjell turns to second-hand market in latest compass move
    Oslo-listed owner buys tanker from Japanese owner in $25.5m deal.
  • Bondholders give Fesco more time
    Restructuring Russian owner postpones bond interest payment until 27 October.
  • Fjord1 stops off at Merkur en route to Oslo Bors
    Per Saevik's latest listing effort is taking shape with stock to trade from tomorrow on junior market.
  • Great Eastern presses on with $23m debt issue
    Expanding Indian owner wins approval for 10-year debenture sale.
  • Wagenborg lands five-year OSV charter
    Dutch owner sending Arcticaborg to Canadian Arctic for Fathom Marine.
  • PGS, TGS step up Canadian survey work
    Shipowner and charterer say demand growing as two more projects revealed.
  • MOL to build Japan's first LNG-fueled tug
    Shipowner says move is designed to spur the development of an LNG fuel supply.
  • Noble shares plummet on S&P downgrade
    Ratings agency says commodity trader faces risk of nonpayment of its debt obligations.
  • Textainer sells $420m of asset backed securities
    US-listed container leasing company completes first ABS transaction in over two years.
  • OCBC drops Nam Cheong bond coverage
    Singapore bank says financial uncertainties make it difficult to provide recommendations.
  • China slaps extra 45% duty on sugar imports
    Dry bulk ton miles could be affected as nearly 80% of volumes sourced from Brazil and Cuba.

news on subscription
American Shipperweb site
MAY 23, 2017
  • Danish Maritime Authority launches blockchain pilot project
    The Danish Maritime Authority has launched a pilot project to examine the value of blockchain technology. A blockchain is essentially a sp...
  • MPC Container Ships to acquire 13 vessels
    MPC Container Ships AS, a recently formed subsidiary of German investment and asset management firm MPC Capital, announced Monday the acqui...
  • Special Coverage: Tech firms full speed ahead on autonomous trucking despite regulatory concerns
    photo by: chombosan / shutterstock.com Several startups and technology companies have put the pedal to the metal in developing autonomous t...
  • U.S. Class I railway employment slips in April
    Class I freight railroads in the United States employed 149,107 workers as of the middle of April 2017, a 2.64 percent decline from 153,143...
  • ILA concerned about NY/NJ chassis depot rents
    The International Longshoremen's Association (ILA) is expressing concerns about the rents that the Port Authority of New York and New Jerse...
  • HOYER sees steady results in FY2016
    HOYER posted a net income of 30.95 million euros (U.S. $34.75 million) for its fiscal year 2016, falling just 0.6 percent year-over-year, d...
  • CIO Insight: Digital confusion
    I've been advocating for the better part of the last year that all the money and ideas aimed at changing the ocean freight forwarding and f...
  • CMA CGM launches joint USWC-Central America loop with Hamburg Sud
    French ocean liner CMA CGM will launch a new container service called "Azteca" connecting the U.S. West Coast with Central and South Americ...
  • Baltic Exchange looks to expand following acquisition by SGX
    The London-based Baltic Exchange plans to introduce more freight rate benchmarks, along with new liquefied natural gas (LNG) and container ...

news on subscription
The Bunker Bulletinweb site
MAY 23, 2017
  • ANALYSIS: OPEC's quest to manage sentiment hinges on likely oil cut extension
    OPEC needs to develop sound exit strategy
  • Crude futures rise, volatility subdued ahead of OPEC meeting
    Saudi Arabia's energy minister, Khalid al-Falih, arrived in Vienna Tuesday after earlier visiting his Iraqi counterpart in Baghdad.
  • Denmark's Monjasa targets about 4 mil mt in bunker sales for 2017
    Its core business includes reselling and physical supply of marine fuels, oil trading, terminal operations and ship-owning activities on a global level.
  • UPDATE: Trump oil reserve sales may boost price volatility: analysts
    Proposed sales may be bearish short term, bullish long term
  • IBIA backs shipping's 'proactive stance' to tackle CO2 emissions
    From 2020, the global sulfur cap on bunker fuel falls to 0.5% from its current 3.5% while a policy for curtailing shipping's greenhouse gases is in the early stages of development.
  • External: Wired Bunkering
  • Japan's Eco Marine signs up Singaporean shipping company
  • FUTURES: Crude inches lower ahead of US data, OPEC/non-OPEC meet
  • Denmark's Monjasa targets about 4 mil mt in bunker sales for 2017
    Monajasa adjusts to the "new normal" in global shipping with lower margins in its primary markets.
  • Iraq supports 6-month extension of OPEC-led output cuts - Alamri
    - Nine-month extension to be discussed 'thoroughly' - Iraq complying with cuts despite export rise




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