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06 April 2020 The on-line newspaper devoted to the world of transports 13:58 GMT+2

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Sched Netweb site
APRIL 4, 2018
  • CMA CGM, Djibouti to build 2.4 million TEU capacity terminal
  • Cosco, PIL offer 2 new Asia-west coast loop, ONE now with Hapag, MSC
  • ILA, USMX make 'significant progress' on contract extension
  • Sri Lanka seeks more deals despite talks of trade war
  • North American rail volume up 2.5pc in March but Mexico slips slightly
  • Hill International to mentor, monitor Balkans infrastructure scheme
  • Kuehne + Nagel is named Royal Caribbean's Supplier of the Year
  • Air China earns US$1.2b in 2017 through route optimisation, restructuring
  • Silk Way re-opens Budapest-Baku cargo service to tap booming market
  • Alitalia starts managing its own cargo sales, distribution instead of Etihad

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Exim Indiaweb site
APRIL 3, 2018
  • Able Shipping opens office in Dubai
  • India's international trade turnaround in 2017 cements its position as one of the world's fastest growing major markets, says report
  • Maersk Line's reefer innovations leading the way to scale up refrigerated cargo transportation
  • ONE's five senior executives in regions ready to go forward strongly as ONE
  • Exports from SEZs up
  • JNPT hosts ESSEC Business School students from France
  • Air cargo capacity in India seen requiring sizeable expansion & upgradation to meet rising demand
  • Lufthansa Cargo to market cargo capacities of Brussels Airlines

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International Transport Journalweb site
APRIL 4, 2018
  • Intelligent fleet solutions
  • New logistics campus in Venlo
  • ONE is on
  • US class I railroad expanding capacity in California
  • Well-deserved retirement for Chris Welsh
  • 'Cohabitation' at Seattle airport
  • Port of Le Havre increases investment
  • HR in new hands at Atlas Air
  • Global trade barometer increases
  • EUR 2.5 million invested in whisper brake units in Germany
  • WFS growing with Cathay Pacific in Brussels
  • Container shipping heading for good times in 2019
  • Europe's largest logistics centre inaugurated
  • Changes at the top for Hapag-Lloyd
  • New destination for the green express network of Lineas
  • Swiss minister on tour in Southeast Asia

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IHS Maritimeweb site
APRIL 3, 2018
  • Tallink 2018 first quarter result builds on strong 2017
  • Torm takes up three of four MR options at GSI
  • Oriental Energy, Kunlun Holding set up VLGC pool
  • Sinokor and Heung-A to merge container businesses in 2019
  • DSME: Challenges persist despite 'light at the end of the tunnel'
  • ONE carriers complete setup payments as JV launches
  • Prosafe strikes deal to delay offshore vessel orders with Chinese yard
  • Europe's southern ports to take bigger share of inland market trade
  • Rising container volume leads COSCO to solid 2017
  • Top takeaways from Fairplay's latest sulphur cap webinar
  • HHI's former vice-chairman now head of holding company

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The Loadstarweb site
APRIL 3, 2018
  • Aviation community slams Dutch cabinet for 'careless' Schiphol capacity ruling
  • Air freight industry and friends mourn passing of former HACTL chief Mark Whitehead
  • Container line executives uneasy as profits are consumed by rising fuel costs
  • Grounded Centurion Air Cargo in plea to DoT for more time, as potential investor appears
  • Training programme takes off at FedEx as US pilot shortage worsens
  • Analysis: WiseTech looks a winner if M&A activity hots up in the hi-tech arena
  • Belgian port has Brexit Britain in its sights
  • Three more years as HMM president for CK Yoo
  • ONE names five-strong international team of regional chief executives

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Marine Logweb site
APRIL 3, 2018
  • HII-KBR JV picked to run Australia's new Naval Shipbuilding College
  • NASSCO starts construction of second Matson LNG ready ConRo
  • Stephan Schaller takes the helm at Voith
  • Safety alert: Lessons of El Faro main propulsion lube system
  • Corvus solution picked for Stena RoPax battery retrofit
  • Torm orders newbuild MR tanker trio at GSI

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Lloyd's Listweb site
APRIL 3, 2018
  • Handover underway for Kea Trader salvage operations
    The 2,194 teu, Malta flagged vessel, owned by Lomar Shipping, ran aground on the Durand Reef, off New Caledonia, last...
  • Shipping's ambition and inequality collide at decarbonisation talks
    Developed and developing countries are faced with the unpleasant reality of compromise
  • Shipping stocks perform poorly in first quarter of 2018
    The performance of US-listed shipping stocks during the first quarter of 2018 was mostly lacklustre, with only seven companies logging...
  • Owners hope sunshine can win the day
    Supply-demand balances are improving in box, dry bulk, oil and gas shipping sectors as shipping confidence index rises further
  • IMO faces day of reckoning on emissions
    Strong divergence of opinion sets the IMO on course for 10 long days of decarbonisation negotiations
  • Cosco still working on US watchdog's approval for OOIL purchase
    The CFIUS will decide whether Cosco will have OOIL's prized terminal assets in Long Beach
  • China's Fujian customs move to ban coal imports
    Vessels can still switch to other coal ports, but the curbs are likely to expand
  • Not all plain sailing for autonomous shipping
    Much to consider before shipping is ready for an autonomous world, Lloyd's List webinar concludes
  • FMC launches detention and demurrage investigation
    Call for information from carriers, terminals and shippers
  • ONE unveils senior appointments drawn from JV partners
    Senior appointments have been drawn from ONE's three shareholders to drive business on a regional basis
  • Unchecked corporate and national interests said to be threatening IMO governance
    Study by anti-corruption body finds that IMO is endangered by conflicts of interest and inordinate flag state influence
  • Trade war fears send shipping stocks tumbling
    Trump administration's drive against unfair trade has technology products next in its sights
  • Cosco Shipping Holdings optimistic on demand for 2018
    Company expects competition in the market to be more 'rational', with greater focus on enhancing quality of customer service and improving...

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The Journal of Commerceweb site
APRIL 3, 2018
  • Trans-Pac spot rates surge as contract talks progress
  • MOL Group aims to secure US truck capacity for Asian vendors
  • Fitch: US ports' pain from tariffs will take years to be felt
  • Southern ports poised to grab European inland volume
  • US shipper guide to new ELD surface market
  • Maersk India's cold chain logistics expands shippers' reach

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TradeWindsweb site
APRIL 3, 2018
  • Cargill: there are no winners in trade war
    Major dry bulk charterer and operator cites North America's leading role in Asia's food supply chain.
  • Evergreen opens Cambodia office
    Taiwanese container line also plans to launch new China-Vietnam-Thailand service.
  • D'Amico's bulker arm prevails in FFA case
    Italian shipowner wins on appeal in US court on central issue of defining its use of forward freight agreements.
  • Prosafe further extends Cosco standstill deal
    Talks between Jesper Kragh Andresen-led floatel owner and Chinese yard over delivery of two units hit third delay.
  • US to probe fees charged by boxships
    Investigation into charges levied on customers comes as shippers push back on what they call unfair fees.
  • GP Global adds five traders
    Bunker and tanker group poaches Glencore and KPI staff for expansion.
  • Robert Kuok exiting OSV sector
    Tycoon's MBC selling stake in POSH to fund bulker expansion.
  • Greek owners seek more clarity over sulphur cap conundrum
    Panel tells Golden Destiny forum they are still hedging their bets and weighing options over scrubbers
  • Fesco shares hit by Magomedov arrest
    Russian line's major shareholder held on embezzlement charges.
  • Torm takes spending past $350m with newbuilding trio
    New tankers at GSI backed by fresh loan and cash from equity issue.
  • Stealth ties up aframax in year-long charter
    Stealth Maritime has chartered an aframax tanker for a year to Cyprus-based Solal amid sliding period rates. The Greek shipowner has fixed its 112,000-dwt Iridescent (built 2009) in a deal that includes an option to extend an additional year. The rate is understood to be $13,750 per day. Both companies confirmed that Solal had chartered the ship, but they declined to comment on the charter ra
  • Indian seafarer missing from VLGC
    Trainee officer lost from Anglo-Eastern vessel off Madagascar.
  • Tax bill curtails profit at Rederi Gotland
    Swedish tanker and ro-pax owner sees annual earnings reduced.
  • Kreuz Subsea expands exec ranks
    Singapore OSV owner adds former L&T and Subsea 7 managers.
  • Fletcher scraps PSV trio as renewal continues
    Another veteran ship to be sold as Keith Fletcher says company well positioned for expected summer upturn.
  • Delta Tankers tipped for VLCC demolition sale
    Reported deal comes at a time when the market is cooling after stellar start to the year.
  • IMO lacks corporate governance, report says
    Lobby group claims industry is influencing government regulators decision making.
  • Pacific Drilling set for mediation talks with creditor group
    Talks handled by retired New York judge will be the next step towards restructuring plan.
  • AZ Marine fined over yard death
    Singapore facility and operations manager must pay $214,000 after 2016 accident.
  • Glencore refinances with $9bn loan
    Trader and charterer taps 58 banks for massive facility maturing in 2020.
  • Reach Subsea inks three short-term deals
    Norwegian owner fixes OSVs to existing and new charterers.
  • Maersk lifts Wheatstone's first condensate cargo
    US oil major Chevron fixes Danish-owned products tanker for debut export shipment.
  • Chinese buying bulkers as age restrictions approach
    Owners have been "extremely busy over the past three to four months" say brokers.
  • US Coast Guard evacuates crew over Easter
    New Orleans and Miami units in action rescuing injured seafarers over holiday weekend.

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American Shipperweb site
APRIL 3, 2018
  • Drewry predicts modest growth for ocean carriers
    The container shipping market's healthy demand growth in 2018 and 2019 is likely to outpace fleet growth, leading to slightly higher freigh...
  • USTR accepting petitions for yearly GSP eligibility review
    The Office of the U.S. Trade Representative (USTR) is accepting petitions as part of its 2017/2018 Annual Generalized System of Preferences...
  • FMC launches first phase of detention, demurrage probe
    The U.S. Federal Maritime Commission (FMC) has asked container carriers and marine terminals to provide detailed information about their por...
  • Ryder snaps up e-commerce fulfillment provider MXD Group
    Ryder System, Inc. has acquired MXD Group, an e-commerce fulfillment provider, for $120 million. Miami-based Ryder said the deal will give...
  • USDA pegs substances for renewal on organics list
    The U.S. Department of Agriculture's (USDA) Agricultural Marketing Service (AMS) is renewing 17 substances on the National List of Allowed ...
  • OFAC adds three to Specially Designated Nationals list
    The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) added three individuals under ISIS designations to its Specially Des...
  • Compliance 360: Feeling the trade policy strain
    Those of us in the trade world who thought policy would settle down to some sort of soothed equilibrium a little over a year into the Trump...

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The Bunker Bulletinweb site
APRIL 3, 2018
  • UAE oil production rebounds after February onshore oil field maintenance
    Crude oil output from Abu Dhabi recovered to an average of 2.872 million b/d during March following planned onshore oil field maintenance during February, an industry source said Tuesday.
  • Ecuador crude exports dropped 11% in February from January: program
    Ecuador exported nearly 8 million barrels of heavy-sour crude in February, down 11% from 9 million barrels exported in January, a loading program seen Tuesday by S&P Global Platts said.
  • Russia to return to full OPEC/non-OPEC deal compliance in April: report
    Russia is planning to fully comply with its commitment to cut oil output under the OPEC/non-OPEC deal this month, Russian energy minister Alexander Novak said Tuesday, the Prime news agency reported.
  • Iraq aims for 6.5 mil b/d crude oil production capacity by 2022
    Iraq has adjusted its crude oil production capacity target and is now aiming to achieve 6.5 million b/d by 2022, oil minister Jabbar al-Luaibi said Monday.
  • ARA fuel oil stocks jump 13% due to static movement east
    Inventories of fuel oil stored in the Amsterdam-Rotterdam-Antwerp region rose 13% to 1,061,000 mt in the week ended last Wednesday, the latest data from PJK Consulting showed, due to a halt in cargoes shifting east last week.
  • Oil firms as selling pressure eases on Wall Street
    The oil complex rebounded Tuesday taking direction from equity indices, which stabilized following a sharp decline Monday over fears about an escalating trade war between the US and China.
  • TRADER NOTE: UAE GP Global expands bunkering operations in UK, S Korea
    The expansion comes after the company started a Southern and Sub-Saharan African trading desks in late 2017.
  • Hong Kong's Brightoil Petroleum unable to publish results, needs more time
    Trading in its shares remain suspended until further notice.
  • TRADER NOTE: Hapag-Lloyd reorganizes Board to meet demands of rapid growth
    "The restructuring of the executive board will make it easier to meet the challenges arising from this rapid growth," the company said.
  • INTERVIEW: UAE's Renish Petrochem plans growth of oil products offering, storage - CEO SE Asia
    Renish is also mulling over setting up a lubricants manufacturing plant in future.
  • FUTURES: Crude rises amid bargain hunting after overnight slide
    "Trade war concerns plagued both equities and growth-related commodity prices, especially energy," a commodity economist at OCBC Bank said.

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