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31 March 2020 The on-line newspaper devoted to the world of transports 16:00 GMT+2

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Sched Netweb site
NOVEMBER 29, 2017
  • FMC Commissioner William Doyle steps down without explanation
  • Diana Containerships quarterly revenue falls 16pc to US$6.7 million
  • US targets Chinese firms with new North Korea sanctions
  • Blockaded Qatar deepens ties to Iran as trade rises 5-fold in October
  • Industry mocks McKinsey's 50,000-TEUer prediction as 'insane'
  • China, Pakistan make up, recommit to big infrastructure project
  • Cosco eyes logistics buyouts in Singapore, Indonesia: Lion City sources
  • Four new neopanamax Konecranes from Finland dock in Savannah
  • China cuts tariffs on consumer goods, allows FDI majority stakes
  • Maersk to switch Mundra call to Pipavav to boost its APM Terminals
  • DP World spends on equipment for Mundra to remain competitive
  • US retailers victims of organised crime and cargo theft: NRF
  • Pushed from Schiphol, Slovakian Air Cargo Global returns to Brussels
  • Dubai's dnata leads 4 firms testing data-handling blockchain system
  • Cargolux plans to hire 60 pilots for Luxembourg hub in 2018

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Exim Indiaweb site
NOVEMBER 28, 2017
  • A.P. Møller-M'rsk strengthens Executive Board to accelerate vision of becoming global integrator of container logistics
  • Small LPG vessel segment projected to do well in 2018
  • Transport & social infrastructure team from Frankfurt visits JN Port
  • LSC's first apprentice programme under NAPS to train 3 lakh youth by 2020
  • Commerce Ministry preparing proper business plan to promote exports, says Minister
  • FFFAI delegation discusses key issues with Revenue Secretary, CBEC Chairperson
  • Opportunities indeed beckon at Hazira, say participants

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International Transport Journalweb site
NOVEMBER 29, 2017
  • Intermodal gateway?
  • More development capacities for autonomous driving
  • Linking refrigeration equipment to electrical system
  • New commercial space for Veltec
  • K Line receives laurels for Australian liner trade
  • EFG tackling power plant project in Sweden
  • TSA approves first explosive trace detection system
  • Port access in Tema a subject for APM Terminals
  • From China to France in under 21 days
  • IRU demands access for road transport after Brexit
  • Change at the US federal maritime commission
  • WFS reinforces cargo handling presence in France
  • Jungheinrich expanding in South America
  • Survival of the fittest - two strategies
  • Hupac expands shuttle net with new departures
  • Four neopanamax cranes for GPA
  • IAG Cargo reorganizes executive team

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IHS Maritimeweb site
NOVEMBER 28, 2017
  • Teekay Offshore exercises options for more shuttle tankers
  • Port-to-door services drive throughput at Italian ports
  • Wisdom Marine to buy Ultramax newbuild from Kambara Kisen
  • MOL, Marubeni sign MOU with Novatek to develop transhipment facility
  • NS United Kaiun wins third Vale contract
  • Noble confirms Kamsarmax sales
  • Slideshow: Top takeaways from Fairplay's sulphur cap 2020 webinar
  • HMM refutes claims of charter deal with Zodiac Maritime
  • DSME to issue new shares to raise capital

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The Loadstarweb site
NOVEMBER 28, 2017
  • A Christmas bonus for carriers as demand for air freight capacity 'goes crazy'
  • BoxTech expands its toolkit to help track down 'lost' containers
  • Forwarders go hi-tech in-house to beat digital logistics competition
  • TransContainer profits soar as rumours grow of an MSC investment
  • FMC schedules hearings on fair port practices
  • William Doyle to resign as US Federal Maritime Commissioner
  • Vincent Clerc, Morten Engelstoft and Søren Toft join Maersk Group board
  • CILT accredits first air cargo management skills course for SASI

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Marine Logweb site
NOVEMBER 28, 2017
  • New CRS report analyzes what's involved in getting to 355-ship Navy
  • Gearing for growth, Rauma shipbuilder makes organizational changes
  • Type 26 proposed for Canadian Surface Combatant proram
  • Navy deals with delays in getting McCain and Fitzgerald to repair yards
  • Seaman Guard Ohio detainees leave Indian prison
  • Q-LNG ATB showcases range of Wärtsilä technology
  • ABB turbocharger efficiency gain promises big fuel cost savings

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Lloyd's Listweb site
NOVEMBER 28, 2017
  • Lloyd's List South Asia, Middle East and Africa Awards produce a first as winners are announced
    Winners include Radhika Menon, who was involved in a daring rescue in the Bay of Bengal, and Tamer Masoud, who...
  • Unhappy ending for Ardmore's original investor
    Private equity's mandates are not always a good match for shipping cycles
  • Bulker runs aground in Indonesia
    Salvage operation is in progress
  • Fleet overview: The year of recovery, finally?
    Economic and trade growth could outstrip fleet expansion in more optimistic scenarios
  • AM Nomikos sells two capesize bulkers
    Sale leaves Greece-based company to focus on supramax and ultramax bulker segments
  • Labour pledges radical policies for British shipping
    'I've never seen a skint owner,' says party's shipping spokesman Karl Turner
  • MRs emerge as tankers' bright spot this winter
    Spot earnings above $10,000 per day on healthy demand in the East-of-Suez market and refinery maintenance in Europe and FSU
  • IMO secretary-general signals changes and challenges
    Rallying cry for the IMO to get in step with the times and use data to inform regulation
  • Daily Briefing
    ERCK Rickmers' ER Group appoints two more senior staffers from CPO Investments for a new investment vehicle launching in early...
  • Ecsa squares up to international competition
    Incoming secretary-general Martin Dorsman wants to grow EU shipowners' control of the world fleet
  • Maersk tightens focus with board appointments
    Executives from carrier and terminal divisions join top table to support transport and logistics division
  • MOL signs pact with Marubeni and Novatek on LNG transhipment study
    Gas from the project to supply Asia Pacific region
  • Rotterdam port joins North Sea wind power consortium
    Consortium comprised of four electricity and gas grid firms and the port mulling large-scale offshore wind energy projects in the...
  • SM Line tests real-time vessel monitoring system based on Internet of Things technology
    The system will allow company to monitor the condition of the vessel and its cargo in real time
  • Vessel oversupply to hit handysize LPG carriers the hardest
    Growing long-haul trades to favour very large gas carriers while olefin gas trades insufficient to keep all handysizes employed
  • Teekay completes Tanker Investments merger
    Tanker Investments is now fully owned by Teekay
  • Maersk on track to seal takeover of Hamburg Süd on Thursday after securing South Korea's approval
    Updated: Both companies need to fulfil requirements including withdrawal from a number of alliances to make the merger approval final
  • Thoresen Shipping sends older vessel to the scrapyard for $5.4m
    Transaction in line with company's strategy to dispose of older tonnage that is less competitive and has higher operating costs
  • D'Amico inks $14m sale and charter deal for product tanker
    Company to see $7.2m net gain after repayment of vessel's bank loan

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The Journal of Commerceweb site
NOVEMBER 28, 2017
  • US importers from Asia shift toward independent carriers
  • Container equipment under pressure, warn lessors
  • CenterPoint bets on transloading with Oakland logistics hub site
  • Hamburg rolls out new container slot booking system
  • Milaha expands Indian Subcontinent feeder network

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TradeWindsweb site
NOVEMBER 28, 2017
  • Teekay Offshore bolsters North Sea fleet
    Offshore vessel specialist taps its favoured Korean shipyard for latest fleet additions.
  • Scorpio Tankers plans new equity raise
    Owner and operator of world's largest product tanker fleet says new issuance aimed to bolster balance sheet.
  • Korean Register keeps Panama RO status
    Korean Registry maintains role in inspection and maintenance regime for the largest merchant fleet.
  • GRS opens US office in Atlanta
    New overseas location is 'important step' in company's growth strategy, Global Renewables Shipbrokers says.
  • Greenbriar completes 'long overdue' $45m Ardmore selldown
    Disposal sees tanker owner's shares pull back but analysts say uncertainty has been removed.
  • Steensland makes offer for rest of Solvang
    Investor group headed by the Oslo-listed LPG carrier's chairman makes play to bring company off bourse.
  • WEB TV: Bodies found in capsized ro-ro
    Two seafarers identified inside vessel hit by typhoon off Vietnam.
  • South Korea sets Maersk/Hamburg Sud merger terms
    Watchdog orders owners to quit some alliances if they want to combine.
  • Bondholders take over at Bibby Offshore
    Refinancing plan will clear debt and give OSV company $66m equity injection.
  • Anchor-handler rates jump 790% in North Sea
    Statoil swoops for eight ships as spot market comes close to selling out in Norway and UK.
  • Court rejects SCF's appeal against $71m damages for Nikitin
    UK appeals judge rules that compensation is due for lost profit due to Russian owner's freezing order against legal adversary.
  • Seatrade, CMA CGM restructure VSA deal
    French line will now market and operate new Europe to Pacific run.
  • Dof banks $61m and aims for $25m more
    Norwegian owner launches second offering after selling out first.
  • Teekay Tankers deal closes TIL story after four years
    New York-listed owner has finalised the takeover of sibling company to take grip on mid-sized market.
  • Boskalis expands in subsea with Harkand DSVs
    Deal with bondholders sees one ship bought for $60m, plus charter for sister.
  • MOL and Marubeni link up with Novatek on Kamchatka facility
    Japanese heavyweights pen MOU to develop transshipment hub to assist Arctic shipments.
  • AP Moller-Maersk trio win seats on enlarged executive board
    Morten Engelstoft, Vincent Clerc and Soren Toft promotions come as part of group refocusing.
  • Oman Shipping brings in Michael Jorgensen
    Middle East owner's new CFO is ex-Norden and Maersk Line executive.
  • Reach Subsea makes it back into profit
    Norwegian owner says there are signs of higher activity in subsea market.
  • Profit on the up at Fjord1
    Newly-listed ferry group boosted by growing revenue in the third quarter.
  • Wisdom Marine pursues ultramax buy
    Taiwanese owner's directors approve $26.5m spend to expand bulker fleet.
  • Marinakis helps Greek town hit by flash floods
    Shipowner says he will do "everything possible" to help the people of Mandra in Athens suburb.
  • Handysize LPG vessels set to suffer in 2018
    But relief is on the horizon for owners as fleet growth forecast to shrink to just 3% by 2019.
  • Miclyn Express Offshore misses bond coupon payment
    Singapore-based vessel operator says available cash is being prioritized for operations.
  • Major Ardmore investor puts its stake up for sale
    Ardmore plans to buy back some shares from GA Holdings, which has 17% stake in company, and give underwriter option to buy shares.
  • Thoresen offloads general cargo vessel
    Thai shipowner says move to offload vessel will reduce fleet's average age to 12 years.

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American Shipperweb site
NOVEMBER 28, 2017
  • 'Ethical' hackers highlight vulnerability in containership load planning processes
    Pen Test Partners LLP, a so-called 'ethical hacking' company that partly specializes in security testing of maritime control systems, has f...
  • ICOs entering liner shipping, but will cryptocurrency be accepted?
    As of early November, investors have plunged more than $3.2 billion into more than 200 initial coin offerings (ICOs) globally in 2017, acco...
  • CSX trail derails, spills molten sulfur
    A CSX train carrying molten sulfur derailed in Central Florida early Monday morning, with no injuries reported, a spokesperson for the Jack...
  • d'Amico Shipping selling tanker for $14m, but will retain control
    d'Amico Tankers D.A.C., an Ireland-based subsidiary of international marine transportation company d'Amico International Shipping S.A. (DIS...
  • Port of Tanjung Pelepas receives four new STS cranes
    Port of Tanjung Pelepas (PTP) recently received four new cranes at 55.5 meters tall, making it the first port in Southeast Asia to have the...
  • MOL, Marubeni ink LNG joint venture with NOVATEK
    Japanese ocean carrier Mitsui O.S.K. Lines, Ltd. (MOL) and Tokyo-based investment firm Marubeni Corp., have inked a Memorandum of Understan...
  • Cass: North American freight shipments up nearly 3% in October
    Freight shipments in North America were 2.9 percent higher in October of this year than they were during the same month in 2016, according ...
  • TuSimple secures $55m for autonomous truck testing
    San Diego-based TuSimple, an autonomous trucking company, has raised $55 million in a Series C funding round led by Composite Capital, with...
  • AirBridgeCargo volumes jump 15% YTD
    AirBridgeCargo Airlines (ABC) handled more than 575,000 metric tons of cargo in the first ten months of 2017, a 15 percent increase compare...

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The Bunker Bulletinweb site
NOVEMBER 28, 2017
  • Crude weakens over questions about OPEC deal-making
    ICE January Brent fell 23 cents Tuesday to $63.61/b.
  • NWE HSFO cracks dip to 9-month low on weaker fundamentals, strong crude
    High sulfur fuel oil cracks in Northwest Europe have dropped to their lowest level in nearly nine months.
  • CHINA DATA: October residual fuel imports fall to three-month low of 1.25 mil mt
    China's residual fuel imports fell 19.9% on the month to around 1.25 million mt in October.
  • Oil could dive $8/b if OPEC fails to agree nine-month rollover: Citigroup
    Global oil prices could slump by up to $8/b later this week if OPEC and key non-OPEC producers fail to agree a rollover of their current output cut agreement.
  • REFINERY NEWS: ExxonMobil aims to start new Antwerp coker early 2018
    ExxonMobil said Tuesday it aims to complete construction of the new delayed coker at Antwerp in early 2018.
  • External: Wired Bunkering
  • External: Global Risk Management
  • ExxonMobil's marine fuels meet new ISO 8217:2017 specifications
    Meeting the new ISO 8217:2017 specifications offers customers' more choice and greater protection.
  • INTERVIEW: OPEC/non-OPEC cut talks to be guided by fundamentals, not sentiment: Kuwait OPEC governor
    Ghais, who also chairs the OPEC/non-OPEC Joint Technical Committee overseeing compliance with the deal, spoke to Platts late Monday in Vienna.
  • FUTURES: Crude falls on uncertainty over OPEC production cut
  • TRADER NOTE: CMA CGM CEO Rodolphe Saade made chairman of group
    CMA CGM's move intended to give further impetus to company's growth.

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