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19 October 2017 The on-line newspaper devoted to the world of transports 20:22 GMT+2




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Sched Netweb site
SEPTEMBER 28, 2017
  • NVOCCs' share of Asia imports to the US accelerates
  • Hapag-Lloyd recycles 3 box ships at yards in China, Turkey
  • DP World looks to invest in Russia's Vladivostok seaport
  • South Carolina ports handle a total of 177,728 TEU in August
  • Boxships need to boost firefighting capabilities: IUMI
  • Loss of box volume to Singapore may hit Port Klang's infrastructure expansion
  • FedEx Ground inaugurates new distribution centre in Baltimore
  • MSC orders Kalmar port handling equipment for terminals in S Africa
  • GAC Australia starts logistics service with new Perth warehouse
  • Hong Kong to issue US$640m bonds for construction of third runway
  • Airfreight market in July sees strong growth
  • Mumbai Airport to have half a million-tonne capacity pharma terminal

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Exim Indiaweb site
SEPTEMBER 27, 2017
  • Call for packing code's adoption & enforcement
  • New carrier delivered for joint venture LNG project
  • OOCL christens another 'G Class' vessel
  • Reefer Benchmarking Club launched to bring transparency to prevailing reefer contract freight rates
  • US Consulate General Mumbai honours 27 Indian shipping companies
  • Phase 1 of BMCT at JN Port to commence operations by end-2017
  • Containers contribute to increased rail freight loading
  • Cabinet approves signing of key agreements under BRICS Interbank Cooperation Mechanism
  • Call for interest rate cut, INR depreciation to boost economic growth

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International Transport Journalweb site
SEPTEMBER 28, 2017
  • Aiming to be the first gateway
  • Pakistan refurbishing roads and upping connectivity
  • Trans-Sib: one in four boxes in transit between China and...
  • Yusen opens logistics centre in Myanmar
  • GMP with record revenues in 2016 Shipping
  • Champ extends customs solutions to 50+ countries
  • Schneiders to manage Kögel's Benelux business
  • Upgrading tracks for long long long trains
  • Facelift for Prologis Germany website
  • Chao new commercial director of Valenciaport
  • Second DHL freighter stationed in Stuttgart
  • Expanding Switzerland's Rhine ports
  • Austrian freight railway counting on China business
  • Gramercy Europe closing third fund
  • LHU affiliates with LUG
  • Maritime volumes continue to grow says RWI/ISL
  • Geodis appoints binational communications director
  • Alibaba going for logistics on a big scale

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IHS Maritimeweb site
SEPTEMBER 27, 2017
  • State deals blow to US coal export project
  • Fincantieri gets control over STX France but France retains the power of veto
  • Höegh Autoliners settle with US authorities in automobile antitrust case
  • P&I clubs heading for another soft renewal
  • Petredec exercises options for more VLGCs
  • Seoul denies 'big deal' involving STX O&S, Sungdong, Dae Sun
  • Sovcomflot to operate Rosneft's five newbuild Aframax tankers
  • Scrap prices up in Bangladesh as hungry yards seek tonnage

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The Loadstarweb site
SEPTEMBER 27, 2017
  • Despite market rumours, CEVA says there is no deal on the table
  • No box trade supply-demand balance until end 2019, says Alphaliner
  • Logistics sector welcomes Whitehall plan for Brexit transition period
  • Pilots hit back as Atlas Air goes to court over 'illegal' go-slows
  • Maersk gets green light for Hamburg Süd acquisition from Brazil
  • VW's Scania truck firm fined €880m by EU for price fixing
  • Top air cargo consultant Michael Webber joins Landrum & Brown
  • Mar Chao Lopez new commercial director at port of Valencia

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Marine Logweb site
SEPTEMBER 27, 2017
  • Demand grows for Royston fuel management system
  • Damen dredging solution keeps Brazil terminal accessible
  • BIMCO publishes BWM Convention guide for seafarers

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Lloyd's Listweb site
SEPTEMBER 27, 2017
  • Lloyd's List commends excellence at 2017 global awards
    Lifetime achievement award recipient recognised for raising standards in shipping and helping to save hundreds of lives
  • Panamax bulker earnings slashed by 8%
    Drop may only be temporary due to Golden Week in China and holidays in other parts of Asia
  • Performance claim halts Höegh LNG Partners acquisition plans
    Dispute over maximum daily boil-off threatens to derail ownership increase in two FSRUs
  • Suezmax rates rebound as Nigerian oil production ticks higher
    Port delays support US Gulf and Caribbean markets
  • Norden wins 10-year contract to ship salt from Chile to the US
    Contract to transport 4m-5m tonnes of road salt builds on previous agreement
  • Global demand sufficient to handle latest boxship splurge
    Former Maersk man Thomas Eskesen says CMA CGM and MSC orders will have 'little impact' on the current supply/demand balance
  • Sole Shipping focuses on safe returns in new product tanker deal
    Head of private equity says creditworthiness is prioritised in leaseback transactions
  • Appetite for reefers shows no sign of slowing
    Seaborne perishable trade slated to average 4% growth until 2021, while rising demand from Asian middle classes points to buoyant...
  • Höegh Autoliners agrees to pay $21m antitrust fine
    Penalty results from a US Department of Justice investigation into Höegh that started in 2012
  • Daily Briefing
    Sinotrans Shipping and Pacific Basin shares tumble amid cautious dry bulk sentiment
  • Alphaliner sceptical on end of containership oversupply
    A potential wave of new orders could further extend the supply overhang
  • Container shipping lines set to grow reefer market share
    Lack of refrigerated cargo ship container equipment cause for concern, says Drewry
  • Technology can simplify administrative burden in shipping
    Crew need to be trained to mitigate risks of increasingly connected systems, says BIMCO president
  • Former Keppel Shipyard executive accused of corruption and money laundering
    Former purchasing officer was dismissed from Keppel in early 2016
  • DNV GL appoints Liv Hovem as new oil & gas head
    New oil and gas chief will take over from Elisabeth Tørstad
  • Supramax earnings poised to hit $12,000 per day
    Market expected to remain healthy in the coming weeks due to balanced supply and demand
  • K Line to apply new cost-saving application to 120 vessels
    Application will analyse operating and weather data before recommending cost-efficient solution
  • D'Amico Tankers signs sale and leaseback deal with shipping fund
    Deal done for a total of $13m
  • CSSC-CSIC merger talks rife as listed units halt trading
    Source says merger is on the cards but no decision will be made before October party congress
  • US authorities shoot down Jones Act waiver request for Puerto Rico
    Department of Homeland Security says there are enough US-flagged vessels to transport cargoes to the territory
  • SM Line to add new container boxes worth $56m
    Boxes scheduled for delivery by May 30, 2018
  • UK urged to follow through on talk of transition period ahead of Brexit
    Continued acceptance of EU regulations in the proposed period essential for shipping, says UK Chamber of Shipping policy adviser
  • Classification societies put to the test by complex boxship design
    Bureau Veritas marine chief warns not all class societies ready for challenge

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The Journal of Commerceweb site
SEPTEMBER 27, 2017
  • For better or worse, Jones Act set to stay
  • Capacity concerns cast shadow over shipping recovery
  • Container lines see opportunity in China-Europe rail
  • US trucking races to keep up with sharp demand rise
  • Reefer container scarcity driving up rates
  • New Nehru Port terminal to handle daily barge service
  • EU regulators hit truck maker Scania with $1 billion fine

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TradeWindsweb site
SEPTEMBER 27, 2017
  • Ognibene steps down at Heidmar
    Chief executive's exit follows decision by George Economou to block sale of company to Fortress.
  • Wilh Wilhelmsen in new $640m credit line
    Multi-line shipping services firm adds to liquidity with Drew Marine deal to be digested.
  • Oxy Ingleside plans VLCC dock upgrades
    Energy logistics firm plans to have additional infrastructure for loading big tankers by end of next year.
  • Jones Act owners: we're up to Puerto Rico task
    Lobbying arm of US-flag shipping industry says its members more than ready to help island.
  • Pappas products tanker links dismissed
    Reports Product Shipping & Trading has added to its fleet are incorrect, sources say.
  • Sinotrans ultramax goes long as capes cool after Vale boost
    BDI has slipped back after passing 1,500 points in September for the first time in four years.
  • Daiwa places a buy rating on Hyundai Heavy
    Daiwa Securities has taken up coverage of Hyundai Heavy Industries with a buy rating on the shipbuilding giant. Analyst Sung-Yop Chung placed a KRW 175,000 per share target price on the company. Shares in Hyundai Heavy Industries closed at KRW 142,000 each in Seoul today. Earlier this week Hyundai Heavy Industries confirmed its biggest order in five years, a KRW 908bn ($800m) contract for VL
  • Metal Shark gets teeth into more orders
    Louisiana shipbuilder clinches deal for five ferries from Hornblower.
  • Westshore: OSVs facing last major hurdle?
    Winter and migration of some ships from UK to Norway could be final test of recovery, broker says.
  • Turkish cargoship banned from Paris MOU
    UK detention meant DMV's Nihal failed three port state checks in two years.
  • Braemar closes book on NAVES deal
    London-listed broker completes swoop into ship finance arena after shareholder backing.
  • Yang Ming spending another $48m on bulker unit
    Boxship owner snapping up more shares to tighten control of Kuang Ming.
  • Watkins exits Maersk Oil after Total deal
    Chief executive departing but two other executives making switch to new owner.
  • GOS finds long-term deal for anchor-handler
    Indian owner banking $3.1m for two and a half year charter.
  • Norden signs new salt deal with Empremar
    Danish owner secured work for supramax tonnage with renewed 10-year contract.
  • Bahri and Bollore team up
    Saudi Arabian and French groups form logistics joint venture in Riyadh.
  • Torstad heads new 1,000 strong DNV GL digital arm
    Oil & Gas boss takes top job at classification society's newly formed division.
  • Latvian Shipping settles with ex-director
    Riga tanker owner comes to arrangement in legal action involving Svens Zalitis.
  • Shell plans next three LNG bunker vessels
    Major plans to adapt one existing ship and is looking at other units for Singapore and the US.
  • Stena AB logs lower profit
    Swedish group hit by declining earnings for tankers, despite higher revenue.
  • Hoegh Autoliners settles with US over price-fixing
    Norwegian car carrier owner to pay $21m fine relating to US to Middle East exports.
  • Boxships set to take more of the reefer market
    Traditional operators expected to carry just 15% of perishable cargoes by 2020, says Drewry.
  • Ezion dismisses bondholder redemption bid
    Company disputes creditor's claim that there had been a cessation of trade in its shares.

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American Shipperweb site
SEPTEMBER 27, 2017
  • Drewry: Container carriers grabbing larger share of reefer market
    A larger and larger share of the seaborne refrigerated (reefer) cargo market has been captured by container shipping lines in recent times,...
  • DHS mulls Jones Act waiver for Puerto Rico
    The U.S. Department of Homeland Security (DHS) is considering a request from a group of congressional lawmakers seeking a waiver to the lon...
  • RK Logistics opens new Silicon Valley distribution center
    RK Logistics Group opened a new distribution center in Fremont, Calif., a city in the San Francisco Bay Area. The 50,000-square-foot facil...
  • Hapag-Lloyd takes delivery of last 15,000-TEU vessel
    German ocean liner Hapag-Lloyd will take ownership of the last 15,000-TEU vessel in the series of 17 newbuilds originally contracted by UAS...
  • BluJay snags Temasek minority investment
    BluJay Solutions, a provider of logistics and global trade management software, this week said it has received a minority investment from T...
  • Executive Moves: NDTA and Falcon Maritime and Aviation
    Source: Pressmaster/Shutterstock The National Defense Transportation Association's board of directors selects the next vice president and ch...
  • ITS, eModal partner on predictive cargo availability pilot
    A terminal in the Port of Long Beach is working with eModal, a platform that enables appointment scheduling for container pickups, to provi...
  • CV International acquires Wilmington-based Waters Shipping Co.
    Norfolk, Virginia-based freight forwarder and customs broker CV International (CVI) has acquired North Carolina-based Waters Shipping Co., ...
  • Hoegh Autoliners settles cartel suit with DOJ
    Car carrier Höegh Autoliners has reached a settlement with the U.S. Department of Justice (DOJ) in an antitrust investigation covering U.S....

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The Bunker Bulletinweb site
SEPTEMBER 27, 2017
  • Vancouver bunker prices surge higher on tight supplies: sources
    Vancouver IFO 380 CST was assessed at $384/mt ex-wharf, up $11/mt from Tuesday.
  • US DATA: EIA says residual fuel stocks down on production decline
    Domestic inventory of residual fuel totaled 36.257 million barrels, a draw of 803,000 barrels from the previous week.
  • Bad weather at Novorossiisk suspends bunkering for rest of week: sources
    The Russian Black Sea port of Novorossiisk has been closed for the rest of the week due to high swells and strong winds.
  • Dry bulk owners weathering 2-year bunker price highs amid stronger rates
    European bunker prices have hit repeated two-year highs on strong gains in ICE Brent and gasoil futures over the last week.
  • S Korea's HHI signs deal with Polaris for 10 VLOCs with scrubbers
    The VLOCs, each 325,000 dwt, will be designed as eco-friendly ships applying to meet environmental regulations and reduce fuel consumption.
  • REFINERY NEWS: Shell may build SDA plant at Wesseling to meet IMO regulation
    Shell said it was looking into building a solvent deasphalter plant at Wesseling, in the Rhineland refinery.
  • East-West HSFO spread hits three-month high on lower arrivals in Asia
    380 CST Singapore cargoes were assessed $18.62/mt above 3.5% FOB Rotterdam barges, Wednesday.
  • European fuel oil cracks plummet to five-month low on crude strength
    The front-month October FOB Rotterdam 3.5% fuel oil barge crack was trading at minus $8.45/b Tuesday afternoon.
  • External: Wired Bunkering




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