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02 April 2020 The on-line newspaper devoted to the world of transports 05:18 GMT+2




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Sched Netweb site
MAY 29, 2017
  • Asia-Europe rate rises 5.7pc to US$977/TEU, down 3.5pc to USWC
  • Nigerian delays induce ICTSI end 20-year Lekki concession
  • Panama handles biggest ship so far - the 13,926-TEU OOCL France
  • Hyundai takes over of three Hanjin berths at Kaohsiung port
  • China submits proposals to Trump on improving bilateral trade
  • Malaysia port expansion hopes for financing through new tariff table
  • Mundra ports quarterly profit up 27pc to US$182.6 million, sales up 18pc
  • Insufficient capacity to handle 500,000 TEU of Houston resin exports
  • Baltic Exchange looks to expand scope following SGX takeover
  • Kuehne + Nagel, GlaxoSmithKline expand partnership for UK distribution
  • Trump looks to privatise air traffic in 2021 to cut public spending
  • April air cargo rates up as Asia-North America volumes rise
  • Fajarbaru wins US$6.86 million deal to upgrade KL air cargo terminal
  • TIACA to join forces with Indonesian airlines to support air cargo growth

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Exim Indiaweb site
MAY 28, 2017
  • BDI falls to 912
  • European shipping should remain enabler of free movement of goods & persons even after Brexit, say shipowners
  • MOL launches R&D on autonomous ocean transport system
  • Strong Chinese ex-im trade growth boosts box volumes
  • European Commission simplifies rules for public investment in ports & airports
  • JNPT Chairman urges business community to benefit from JNPT SEZ
  • Kandla Port achieves highest cargo handling in a single day in 2017-18
  • Major Port stakeholders to deliberate green energy initiatives, oil spill concerns at 1-day conclave
  • Paradip Port Trust awarded by Shipping Ministry for achieving 2nd highest growth in traffic in 2016-17
  • S. A. Govalkar presented 'Samaj Utthan Award'
  • CONCOR's Q4 2016-17 net up
  • IIFF bridging the skill gap through specialised courses on logistics, shipping & forwarding
  • Logistics sector seen benefiting from GST
  • Cabinet approves policy for providing preference to 'Make in India' in govt procurements
  • Forex reserves at new all-time high
  • Australia first to eliminate farm export subsidies from its WTO schedule of commitments

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International Transport Journalweb site
MAY 29, 2017
  • IRU: no further delay to mobility package
  • Rhein Cargo celebrating Luther and Reformation
  • K Line fleet welcomes new member
  • Funding for railroad overpass to ease congestion
  • Istanbul project for Smart Logistics
  • The Aztecs are back
  • Allen Lund promotes Rabine to ops manager
  • Air Serbia sees dramatic rise of cargo volumes
  • Felb establishes alternative rail route through Mongolia
  • Migration on sea remains a big issue, says ECSA
  • Dismal Q1 for carriers says Transporeon
  • Brenner says goodbye to Bavarian forwarders
  • AF KLM Martinair Cargo adding AMS - Mumbai

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IHS Maritimeweb site
MAY 26, 2017
  • Korean ports post good gains as strong trade numbers offset Hanjin losses
  • Dubai studies USD1 billion shipping fund
  • Dong-A Tanker reported to be struggling
  • CMES issues new shares to acquire Sinotrans&CSC shipping assets
  • Navios acquires five Rickmers container ships for USD59 million
  • Stellar Daisy loss: Busan Coast Guard raids Polaris Shipping's offices
  • OPEC production cut extension: bad and not so bad for tankers

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The Loadstarweb site
MAY 26, 2017
  • China-Europe rail boom as forwarders latch on to cost advantage for customers
  • Allport Cargo Services eyes expansion in France with takeover of ECT
  • Asia-Europe headhaul rates climb, but the transpacific resists price hikes
  • Shipping must move faster towards a digital supply chain, says INTTRA
  • ICTSI abandons Nigeria port project
  • UPS and SF Holding announce joint delivery service

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Marine Logweb site
MAY 26, 2017
  • Need financing for your BWTS? Ask Export Credit Norway
  • Container rates slip, but composite average up over 2016
  • New research vessel for Florida launched
  • Administration in apparent U-turn on LCS budget request
  • In-port 3D printing of marine parts comes a step nearer
  • LNG-fueled OSV to replace one generator with batteries
  • Marcon brokers sale of deck barge by Canadian owner

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Lloyd's Listweb site
MAY 26, 2017
  • Do Opec cuts mean a new normal for tankers?
    For the first time in years, tanker markets will see normal oil prices, thinning crude stockpiles, not-so-breakneck Chinese demand and slower newbuilding deliveries
  • Salvage business 'will not survive' in present form, says expert
    Marine insurers' aversion to LOF adds to multiple woes, says Clyde & Co casualty head
  • Yard Talk | A pain in the offshore
    Chinese yards might want to consider an end-of-season sale before it's too late
  • Polaris Shipping raided by coastguard
    Offices in Busan and Seoul visited as part of Stellar Daisy inquiry
  • Can owners stop spot earnings falling to 2017 nadir?
    Market is on a knife edge heading into UK bank holiday weekend
  • Asia import trade set for healthy growth
    Asia exports slow in second quarter but imports to rise by up to 6%
  • Liner consolidation piles pressure on ports
    But there are opportunities for container terminals despite the squeeze on costs and revenue
  • ICTSI pulls out of Nigeria port development
    Terminal operator cites delays in project execution
  • Lloyd's List Americas Awards winners announced
    Awards recognising the best in shipping in North, South and Central America
  • Diana Shipping wins $4.7m time charters for two bulkers
    Deals for kamsarmax and a panamax come amid signs of dry bulk market recovery
  • StealthGas spies brighter days after first-quarter profit rises
    Greek owner keeps options open for employing four new mid-size LPG carriers joining the fleet
  • Trump's plan to sell US crude reserves will pressure marine logistics
    Availability of US-flagged vessels and marine terminals on US Gulf coast is limited

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The Journal of Commerceweb site
MAY 26, 2017
  • New alliance services from Asia benefit Boston
  • Trans-Pac spot rates slide into Memorial Day weekend
  • Hamburg container traffic dips as rivals grow
  • New service promises faster transits from Myanmar to Japan and China
  • Cosmetic shipper expands US distribution network
  • Maersk revamps India-Africa coverage
  • Trade growth helps South Korean ports overcome Hanjin exit
  • Truckers expand high-end chassis availability to Charleston
  • UPS and SF Express partner to grow China-US courier business
  • Asia-Europe rates rise ahead of June 1 increases

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TradeWindsweb site
MAY 26, 2017
  • Castillero named Liberia chief commercial officer
    Former Panamanian flag chief to run global commercial efforts while still managing efforts to garner customers in Japan and Latin America.
  • KNOT Offshore reloads fundraising firepower
    New York-listed shuttle tanker owner filed $750m shelf registration.
  • VLCC makes first layberth at US Gulf
    Dry run aims to check if pilots and port can handle larger vessels.
  • Short selling grows for Hornbeck and DHT
    Volume of shares borrowed for bets on decline cross the 50% threshold for offshore vessel owner.
  • Ballast water, Marpol rules challenge tankers
    Vessel design, not only seafarers, play role in environmental violations, says executive at Intertanko.
  • DP World said to be eyeing Fesco stake
    Restructuring Russian company does not comment on rumours, according to which DP wants a 20% slice.
  • Baltiysky taps Sberbank for $141m loan
    Russian yard gets new credit line to build nuclear icebreaker.
  • Sincere Navigation profit falls back
    Taiwanese bulker owner weaker in first quarter as revenue contracted.
  • Robbers strike again in Venezuela, Indonesia
    Tanker and general cargoship raided by thieves in South America and Asia.
  • Rolls-Royce Marine takes initial step towards automation ambition
    Crew required only for final berthing of battery-powered Norwegian ferry due to begin crossings next year
  • Cracking the code: Polar ships breaking new design ground
    Designers and yards already getting to grips with new regulations governing shipping in the Arctic and Antarctic
  • Deltamarin has designs on more efficiency gains
    Leading European design company goes the extra mile to achieve cuts in both operational and capital costs
  • Verifiable data on ship energy efficiency 'does not yet exist'
    But UCL researcher believes moves by operators to test clean propulsion systems can provide useful figures
  • Green regulations will force a radical rethink of ship designs
    Dramatic technology advances will be required to meet global targets to reduce the industry's greenhouse gas emissions
  • Hartmann unveils 'whale' of a design for ethane ship
    Innovative ethane-carrying vessel features in-house designed cargo tanks that allow ship to carry 25% more than similar-size peers
  • French class launches digital twin for ships
    Bureau Veritas says 3D design and maintenance platform is three years ahead of rivals
  • Class experts set scene for era of new technology
    Executives give their view on which marine technologies under development today have a future
  • How technology is driving a sea change in shipping
    Green and digital revolutions are changing the way in which ships are designed, managed and operated, writes Adam Corbett
  • Ardmore shares sums for products tanker upturn
    New York-listed owner says battered shipyards and lack of capital bode well for freight market.
  • Blue Lines sells aframax to Avin
    Dubai-based owner trims fleet further in deal with Greek company.
  • MOL autonomous ship plans backed by Japan
    Japanese owner teams up with Mitsui Engineering & Shipbuilding to explore autonomous ocean transport systems.
  • Star Bulk in loan talks for newbuilds; fleet growth capped
    Loan would cover 60% of the cost of two kamsarnaxes. Meanwhile, Norton says restructuring restricts S&P deals.
  • Polemis linked to Euronav VLCC
    New Shipping said to have bought 15-year-old tanker for $21m.
  • Rickmers rebels threaten to pull the plug
    Bondholders with EUR 30m tranche of debt will vote against company unless rescue plan is altered.
  • PGS, TGS add another Canadian contract
    Norwegian companies expand Newfoundland seismic survey book again.
  • Icon Offshore secures Shell charter
    Malaysian offshore vessel operator bolsters order backlog with possible 10 month charter.
  • Drilling IPO debutant ADES sees revenue jump
    Dubai-based drilling company which listed in London mid-May gives upbeat assessment.
  • Tankers face lower oil demand in years ahead
    Intertanko speakers see 'decarbonisation' ahead, but marine logistics still critical.
  • Ship arrests dog PDZ first quarter results
    Malaysian intra-Asian liner operator slips into the red on 90% drop in revenue.
  • Star Bulk in loan talks for newbuids; fleet growth capped
    Loan would cover 60% of the cost of two kamsarnaxes. Meanwhile, Norton says restructuring restricts S&P deals.

news on subscription
American Shipperweb site
MAY 26, 2017
  • Hub Group to purchase Estenson Logistics
    Hub Group, Inc. has agreed to acquire the business of contract trucking company Estenson Logistics, LLC for approximately $306 million, the...
  • Industry groups weigh in on air traffic control privatization
    The Trump administration's budget released earlier this week included a proposal to shift the air traffic control function of the Federal A...
  • FMC's Regulatory Reform Task Force taking shape
    The U.S. Federal Maritime Commission's Regulatory Reform Task Force, which was announced in March by Acting Chairman Michael A. Khouri to i...
  • SCFI rises 2.7%
    The Shanghai Shipping Exchange's Shanghai Containerized Freight Index rose 2.7 percent from last Friday's reading of 830.80 to a reading of...
  • UPS fined $247m in N.Y. cigarette suit
    A federal judge has ordered United Parcel Service (UPS) to pay $247 million in damages and penalties on Thursday in a final ruling of a cas...
  • NACPC launches cooperative chassis pool in Charleston
    The North American Chassis Pool Cooperative (NACPC) has launched a pool of 40-foot premium chassis in Charleston, S.C. in partnership with ...
  • World Trade Bridge to reopen Memorial Day
    U.S. and Mexican customs authorities hope to provide fully restored operations at the World Trade Bridge border crossing in Laredo, Texas, ...
  • Yang Ming, OOCL launch new intra-Southeast Asia loop
    Taiwanese ocean carrier Yang Ming and Hong Kong-based Orient Overseas Container Lines (OOCL) will commence a new intra-Southeast Asia servi...
  • Costamare seeks to raise $95.85m in public offering
    Costamare, a Monaco-based containership owner that charters its vessels to liner companies, plans to raise approximately $95.85 million thr...

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The Bunker Bulletinweb site
MAY 26, 2017
  • Oil futures find support, partly recover from Thursday's drop
    OPEC's decision Thursday to roll over its supply cut agreement by nine months likely caused a liquidation of length that had been built up in the event of a more bullish outcome.
  • Forties VLCC fixtures continue to filter through for June
    According to Platts tracking of the Forties program, the French company holds the F0614 and F0615 parcels, which are both due to load around June 20.
  • Nigerian Forcados close to resuming exports, cargo to load in May: traders
    Volumes of Forcados have been loaded although there was uncertainty as to whether the initial loading was still ongoing, trading sources said.
  • ARA fuel oil stocks rise on low activity, Russian output
    Fuel oil and jet-kerosene were the only stocks to rise for the week in the Northwest European storage hub.
  • FEATURE: Marine insurers brace for new sulfur emission norms
    A common refrain among the insurance executives is that the new regulations are creating a "perfect storm" like situation.
  • External: Wired Bunkering
  • FUTURES: Crude lower on supply concerns despite cut extension
  • FOB Arab Gulf 10 ppm sulfur gasoil cash differential hits new 10-month high
    The cash differential was up 38 cents/b from the previous close, and higher from $1.25/b at the start of this week.
  • Prices tumble but OPEC/non-OPEC oil producers seek to maintain grip on fundamentals
    - Market sells off after OPEC teased longer, deeper cuts - Ministers say not to read into lack of exit strategy - Dismiss bullish projections for US shale growth




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