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31 March 2020 The on-line newspaper devoted to the world of transports 14:08 GMT+2




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Sched Netweb site
AUGUST 1, 2018
  • Cosco's OOCL takeover complete, 'deepening' cooperation lies ahead
  • Transatlantic carriers reduce capacity as EU-US exports slip 0.6pc
  • Hyundai joins major carriers to sell slots via NYSHEX network
  • Felixstowe productivity recovers 5.7pc from operating system troubles
  • First of 6 big quay cranes arrive at Norfolk, Virginia, to boost capacity
  • Malaysia's Westports profits plunge 18pc
  • CEVA appoints industry veteran Terry Carter
  • Cathay keeps close tabs on impact of trade tariffs on cargo flows to US
  • EU-Japan set to ratify trade deal, Asian airlines will be first to benefit
  • AAPA cargo growth continues to slow in June though outlook still positive

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Exim Indiaweb site
JULY 31, 2018
  • National Waterways a key focus
  • Production of raw cashew at all-time high
  • STA-1 status by the US to India welcomed
  • BMCT hosts celebrations in Mumbai & Delhi for PSA's 20th year in India
  • Ministry of Shipping issues new guidelines for improving treasury investment for Major Ports
  • Port of Duqm & Special Economic Zone Authority in Duqm (SEZAD) aims at becoming new hub for Indian cargo & investment
  • CONCOR reports strong volumes in Q1
  • National Highway projects being continuously reviewed

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IHS Maritimeweb site
JULY 31, 2018
  • Digitalisation boosts class M&A prospects
  • Schulte Group bags new offshore vessel project
  • Former IACS chairman aims to drive the digital discourse
  • Two KR men appointed to key IACS roles
  • Japan's 'big three' post losses after ONE divestment
  • PSA enters North America with 60% Ashcroft Terminal stake
  • Brightoil selling Zhoushan storage terminal and entire fleet
  • Port capacity conundrum vexes Gulf Cooperation Council countries

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The Loadstarweb site
JULY 31, 2018
  • Partner carriers hit for $120m after disappointing first quarter for ONE
  • Improving rates may provide some peak season comfort for east-west carriers
  • Airlines partner up to carry US mail across the world
  • Amazon discovers delivery comes at a price
  • Jos Opdeweegh to take over as CEO at Connect Group
  • Uber autonomous truck division is dead, long live its self-driving cars
  • Cathay Pacific looks set to cut overseas jobs as it 'restructures'

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Marine Logweb site
JULY 31, 2018
  • Crowley LNG fueled ConRo delivers first cargo to Puerto Rico
  • Cyprus terminal operator orders a third Damen ASD tug
  • Clarksons cyber attack originated via one single user account
  • Cuomo to Zinke: Time to get moving on NY offshore wind

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Lloyd's Listweb site
JULY 31, 2018
  • GoodBulk acquires two JP Morgan capes for $68m
    Bullish dry bulk owner shows strength to expand its core fleet despite IPO fizzling out a month earlier
  • Scorpio Tankers posts more losses
    US-listed company inks further sale and leaseback agreements
  • AO Shipping to add supramax to fleet
    The family-run outfit is planning to charter out the new acquisition on a long-term basis with an existing customer
  • Ardmore suffers on weaker tanker market
    Despite a weak quarter, Ardmore's chief executive remains positive about the outlook
  • ONE first-quarter losses impact partners
    "Considering that service quality has already stabilised, overall business is expected to be back to normal from the second quarter...
  • Diana Shipping agrees double rate for charter with Koch
    Diana expects the new charter to bring in $2.88m in gross revenue
  • D'Amico loss widens on 'tough' product tanker market
    First-half loss deepens to $20.2m versus a $6.2m loss in the same period a year earlier
  • Clarksons reveals extent of 2017 cyber attack
    A lone hacker gained access to a range of personal information from the shipbroking giant in November 2017 after infiltrating...
  • Beleaguered Brightoil to dispose of marine transport business
    Lloyd's List Intelligence data shows the company owns five VLCCs built by Hyundai Heavy Industries in 2012-2013, and four aframaxes built...
  • Glencore revises full-year coal guidance down
    Glencore cuts coal outlook by about 4m tonnes
  • Lloyd's List Asia Pacific Awards finalists revealed
    Record level of entries in an overwhelming response to our call for exemplars of best practice and excellence across the...
  • NYK posts loss following ONE launch
    The Japanese shipping conglomerate saw one-time container shipping costs hit its latest quarterly performance
  • Daily Briefing
    Seoul to provide leaseback support for 10 domestic carriers | Contaminated bunker fuel makes its way to Singapore | True...
  • MOL posts first-quarter loss on high bunker costs
    MOL hit by a net loss of $15.2m in the first quarter as revenues decline 24.5%
  • PSA takes majority stake in Canadian terminal
    Ashcroft Terminal services all sectors of the natural resource industries including agriculture, mining, forestry, and oil and gas

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The Journal of Commerceweb site
JULY 31, 2018
  • UPS to test Thor Trucks electric delivery vans in LA
  • Europe's smaller ports providing alternatives for shippers
  • Santos three-day stevedore strike to delay cargo
  • India's new cargo manifest rule boost carrier reporting demands
  • US surface shippers 'shifting' truck modes more
  • Air cargo groups say peak season capacity to match demand

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TradeWindsweb site
JULY 31, 2018
  • Safe Bulkers upgraded to buy
    Seaport Global analyst also increases target price for Hajioannou controlled-company.
  • Scorpio Tankers frowns on equity option
    Robert Bugbee says New York-listed products tanker owner pulling all liquidity levers to survive a lean market, but still wants to avoid that one.
  • Peter Borup takes dry bulk reins at Norvic Shipping
    Former Lauritzen and Norden executive joins at a time of change for Canadian company.
  • Seabury maritime unit launches new office
    New Jersey headquarter will host 15 staff and continue finance firm's expansion in shipping sector.
  • Radziwill: 'We were right about the capesize market'
    GoodBulk chief typically upbeat in first public comments since IPO decision.
  • Ardmore upbeat over product tanker prospects
    Chief executive expects bunker cap to bolster seaborne volumes of refined products
  • GoodBulk back on the horse with a sale and two buys
    Shipowner flips a profit on ultramax and bags two capes in first S&P action since pulling IPO.
  • d'Amico International Shipping opts for scrubber on new LR1
    Milan-listed owner says final ship in series of six will be first in its fleet to employ the technology.
  • Carnival spend $200m transforming cruiseship
    Carnival Triumph set for mega revamp at drydock in Spain
  • d'Amico International Shipping drops deeper into the red
    Second quarter loss comes amid continued positive market commentary from Italian shipowner.
  • Sanoyas yard group sees earnings bounce
    Forecast loss for full year stays the same but big improvement on a year earlier.
  • Scorpio Tankers adds four more to leaseback tally
    New York-listed owner continues run of leasebacks as it reports second quarter loss.
  • XT Shipping feeder project could be even bigger
    Idan Ofer-led company's contract with Hyundai Mipo Dockyard may be double the size first reported.
  • Bureau Veritas addresses LNG conversion issue
    Many 'laid-up' LNG carriers ripe for conversion to terminal regasification and storage units
  • NS United boosted by rising capesize market
    Japanese bulker player sees sales and earnings growth against backdrop of stronger market sentiment
  • Bernhard Schulte orders wind farm newbuild
    German owner returns to Ulstein Verft for a third maintenance support vessel
  • Ferd sells $100m slice of Petroleum Geo-Services
    Shares in Norway's second-largest seismic survey company come down after largest shareholder cashes in chunk of stock.
  • Clarksons reveals details of cyber attack and blackmail attempt
    Shipbroking giant outlines range of data stolen and response to data breach.
  • Hafnia Tankers in double leaseback with Sole Shipping fund
    Danish owner adds almost $20m to cash position following transaction with Norwegian firm.
  • ONE off to slow start, but confident of turnaround
    Japanese liner joint venture says $1bn synergies from merger process are ahead of schedule.
  • NYK slumps to first quarter loss of $40m
    Japanese owner hurt by one-time costs required to terminate the container shipping business.
  • MOL posts modest loss despite ONE problems
    Provisions taken in preceding quarter help to limit losses at Japanese shipowning giant.
  • 'Clumsy' ONE start-up pushes K Line into the red
    Shipowner blames loss on poor performance from liner joint venture and higher bunker prices.
  • Brightoil Petroleum eyes potential fleet sale
    Ship arrested in Singapore as owner considers disposal of five VLCCs and four aframaxes.
  • US Marine takes charge at VT Halter Marine
    Singapore-owned US shipbuilder sees second chief executive in less than two years.

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American Shipperweb site
JULY 31, 2018
  • Army reeling in nominations for waterways board
    The Department of the Army has published a notice in the Federal Register seeking nominations to serve on the Inland Waterways Users Board.
  • Hauling of contaminated water nets indictments
    Three California companies have been indicted in U.S. District Court in Los Angeles and charged with the unlawful transportation of hazardous waste.
  • Pennsylvania woman gets probation for FMCSA fraud
    A Pennsylvania woman has been sentenced to two years of probation in connection with a Federal Motor Carrier Safety Administration fraud case.
  • Compliance 360: Signs of trade enforcement times
    The Commerce Department's first self-initiations of antidumping and countervailing duty investigations in more than a quarter century have signaled to potential petitioners for AD/CV duty relief that the Trump administration is taking a staunch approach to trade enforcement, observers said recently.
  • Japanese shipping companies report lower revenues
    The Japanese carriers NYK, MOL and "K" Line all have reported lower revenues for the first quarter of 2018, which began April 1 and ended June 30.
  • Uber turning off autonomous truck division
    Uber Technologies Inc. will shut down its autonomous trucking research unit in an effort to focus on its separate self-driving car division, a company spokesperson has confirmed.
  • Diana Shipping turns a profit in Q2
    Diana Shipping, a dry bulk vessel owner, posted a net income of $2 million for the second quarter of 2018, up from a net loss of $23.8 million for last year's second quarter.
  • ATA: Truck tonnage slips in June
    Domestic truck tonnage slipped 0.4 percent in June compared with the previous month after a revised 0.4 percent uptick in May, according to the latest reading of the American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index.
  • TRAC CEO retires, SVP gets nod to move up
    Keith Lovetro, president and chief executive officer of intermodal marine equipment services provider and chassis lessor TRAC Intermodal, is retiring, effective Tuesday, according to a statement from the company.

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The Bunker Bulletinweb site
JULY 31, 2018
  • US crude exports cross 2 mil b/d mark in May fueled by Chinese demand: EIA
  • Scorpio raises liquidity ahead of anticipated IMO 2020 clean market rebound
    Scorpio sees change in landscape in 2020 as opportunity.
  • US to push compliance with North Korea petroleum sanctions: State Department
    US officials believe current sanctions on North Korea are not being enforced.
  • European fuel oil backwardation supported by falling Russian exports
    Russian fuel oil exports are down nearly 20% on the year.
  • Yemen resumes exports from southern terminal
    First cargo loaded 200,000 barrels headed for Ningbo.
  • Strong US freight rates leave European VGO cargoes in limbo: traders
    High freight rates and current VGO vessels in floating storage has put market at standstill.
  • External: Marine Bunkering(Rotterdam)B.V.
  • Saudi VLCCs gather off Oman after Bab el-Mandeb ban
    Waiting at Salalah would allow the tankers to resume their journeys promptly, were Saudi Aramco to rescind its ban within the next few days.
  • PetroChina Yunnan refinery successfully processes first Iranian crude cargo
    Iranian crudes are attractive to Chinese refiners because they yield naphtha with high naphthene and aromatics content, for producing value-added petrochemicals.




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