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31 March 2020 The on-line newspaper devoted to the world of transports 15:21 GMT+2




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Sched Netweb site
AUGUST 7, 2018
  • CMA CGM ups Asia-Europe rate US$1,050/TEU and $2,000/FEU
  • Shanghai rates rising, but is it panic buying ahead of China trade war?
  • Rotterdam first half volume up 6.2pc to 7.1 million TEU, May sets record
  • Cosco sketches out marriage contract details with OOCL on its website
  • ZAO Container Terminal St Petersburg first half up 17.4pc to 374,500 TEU
  • USTR mulls China tariff hike on US$200 billion worth of Chinese imports
  • China vows retaliatory tariffs of 5-25pc on US$60 billion of US goods
  • US recyclables find markets after ban, but nothing to match loss of China
  • FESCO's Vladivostok volume up 40pc to 5.8 million tonnes in first 7 months
  • DP World and EGA team up to lift aluminium exports from the UAE
  • Air France KLM cargo revenue up despite strikes, lower freight volume
  • IAG Cargo second quarter revenues increase 0.4pc to US$325 million
  • Lithium menace: Pipeline & Hazardous Materials Safety Administration
  • Envirotainer expands network by adding RAP e2 station in Toronto

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Exim Indiaweb site
AUGUST 6, 2018
  • Asia-Northern Europe spot rates up
  • CMA CGM launches LYDIA feeder service to West Africa
  • DP World's media statement on Djibouti's Doraleh Container Terminal
  • MOL in project to develop autonomous vessels
  • OOCL increases liftings & revenue per TEU in first half
  • Ports in SC & GA to establish common chassis pool
  • Ship agent liable for negligence leading to excessive dunnage disposal charges
  • Taiwanese majors enhancing fleet
  • WCO develops e-learning course on Single Window environment
  • New export opportunities seen for India in trade with US & China
  • AFI to conduct airfreight session at FWC-2018 with industry experts as speakers
  • India's footwear industry has huge potential for export: Suresh Prabhu
  • PM reviews performance of key infrastructure sectors
  • CSR good for business: Suresh Prabhu
  • Gandhidham Chamber elects new office-bearers

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International Transport Journalweb site
AUGUST 7, 2018
  • New chemicals wagons increase capacities
  • 100 years of regular US airmail flights
  • DHL supports European athletics championships in Berlin
  • Grant to improve intermodal freight flow in the USA
  • Kofler joins Olam for internet of logistics
  • Shippers and forwarders' satisfaction with carriers...
  • American Airlines brings Spanish masterpieces to San Antonio
  • GAC Dubai raises its pharmaceuticals logistics game
  • Eurasian train now connects more terminals
  • Disagreement over Djibouti hub continues
  • Personal continuity confirms course of Trans-o-flex
  • Ethiopian Airlines spreading freight wings further
  • Milaha sailing in calmer waters
  • A match made in Malta for Europa Road
  • New director of enforcement at the US FMC
  • Emirates celebrates 15 years of connecting Kiwis
  • Ferrymasters adds LTL railway capacities

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IHS Maritimeweb site
AUGUST 6, 2018
  • Scorpio Bulkers secures newbuilding financing
  • Technology to transform future of container trade, predicts insurer
  • Thirty ships stuck as Chittagong is paralysed by strike
  • Beijing's proposed tariffs on US LNG will have limited impact on Chinese supply
  • Prosafe agrees deal with Cosco shipyard for three newbuilds after 20 months of talks
  • FSRU stopgap a boon to Middle East energy needs as new projects dwindle
  • Ship Finance International VLCC catches fire near Chiba
  • South Korean shipbuilders reach compromise regarding steel plate prices
  • Sungdong sale process under way

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The Loadstarweb site
AUGUST 6, 2018
  • Shippers face surcharges on boxes by barge as summer heat hits Rhine water level
  • Despite $73m H1 loss, new owner Cosco tells OOCL staff their jobs are safe
  • Forwarders face problems accessing critical TSA platforms for air cargo security
  • New Loadstar LongRead: The capacity crunch
  • Pilots protest study on whether cargo planes should have one pilot and remote help

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Marine Logweb site
AUGUST 6, 2018
  • Harvey Gulf spells out details of proposed reverse merger with GulfMark
  • Tuco Marine to be represented by Defence Unlimited International
  • Wärtsilä's divers help operators avoid unscheduled drydockings
  • Cyberhawk completes ABS oil tanker survey using drones
  • GulfMark Offshore gets merger proposal from Harvey Gulf
  • Dario Deste to take helm at Fincantieri Marine Group

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Lloyd's Listweb site
AUGUST 6, 2018
  • Riyadh calls for international efforts on Red Sea security as oil shipments resume
    Turning off the Automatic Identification System is insufficient to avoid Houthi attacks, according to Intertanko
  • Recent fuel contamination cases spark doubts regarding 2020 blends
    Increased blending will invariably introduce the possibility of variable quality issues that are potentially not covered by the ISO standard...
  • North Korea flouting sanctions through ship-to-ship transfers
    AIS being switched off to prevent detection of oil product imports, UN says
  • Scorpio Bulkers secures $184m loan to refinance 12 ships
    New York-listed company signs a five-year facility with Nordea and Skandinaviska Enskilda Banken
  • China Merchants Port issues $1.5bn bonds
    Chief financial officer Lu Shengzhou says the issuance comes as his company is in its era with valuable opportunities for...
  • Latest US-China tariff threat bears much greater significance for freight
    Flow of consumer goods to the US will be altered if tariffs go ahead
  • Chinese tariffs threaten US LNG boom
    The threat of Chinese tariffs could deal a blow to the new export terminals planned for the Gulf coast and...
  • Djibouti dismisses LCIA ruling as DP World terminal dispute wrangles on
    The LCIA ruled that DP World's concession at the Dolareh Container Terminal remained 'valid and binding' at a tribunal in...
  • Weak demand threatens box recovery
    Outlook for carriers dims as overcapacity on mainlane trades re-emerges
  • Daily Briefing
    Smaller UK ports could be key to easing Brexit chaos | Greeks lift investments in shipping on back of LNG...
  • The Lloyd's List Podcast: Shipping debt, ransoms and making a ship one km in diameter
    Listen to the latest edition of Lloyd's List's weekly podcast - your weekly briefing on the stories shaping shipping in...
  • OOCL eyes 1m teu fleet capacity
    OOIL is looking to order several 20,000 teu ships and expand fleet capacity by about 40%, says chief executive Huang Xiaowen

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The Journal of Commerceweb site
AUGUST 6, 2018
  • Strong peak season to test Mexican container capacity
  • ELD surprise: Costing supply chain time, not US truckers
  • Tech-driven drayage peel-off expands at LA-LB port complex
  • Heat wave worsens Antwerp, Rotterdam barge congestion
  • Chittagong cuts port dues during holidays to attract cargo
  • Outpacing market in trans-Pac gains, OOCL warns of tariff impact

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TradeWindsweb site
AUGUST 6, 2018
  • Bourbon picks Hochoa as new finance chief
    Gael Bodenes-led offshore vessel giant company replaces Astrid de Breon with Thierry Hochoa.
  • Trafigura project to bring VLCCs to Texas
    Swiss trader submitted permit application to build the first offshore deepwater port facility in US state.
  • Branson opens up on long-standing cruise dream
    Virgin founder's ambition to own a cruise line formed in his 20s.
  • Harvey Gulf looks to merge with Gulfmark Offshore
    UPDATE: Guidry-led OSV owner says its proposal is better than Tidewater deal
  • Ship Finance VLCC hit by fire off Japan
    Tanker now stable and flames are out after weekend incident.
  • SCI plunges deeper into the red
    Forex devaluation pushes Indian state shipowner's second quarter losses to $30m.
  • Cosco unit to issue $900 in bonds
    Cosco Shipping Development to issue renewable corporate bonds worth RMB 6bn.
  • Baltic Dry Index stable at four-year high
    Capes still climbing but has the time come for cargoes to be split?
  • Distribution question draws downgrade for Hoegh Partners
    DNB Markets analysts cut MLP to hold amid doubts over next dropdown candidate.
  • PACC Offshore halves losses
    Singapore-listed offshore vessel owner doubles revenue for the second quarter.
  • POSH Offshore cuts loss in encouraging quarter
    Chief executive says company has made headway in improving overall performance.
  • PACC Offshore wins Kensteel counterclaim
    Court awards SGD 3.8m ($2.8m) deposit to Singapore-listed offshore vessel owner, shoots down Kensteel's claim for SGD 30.5m.
  • Scorpio Bulkers nets new debt line for a dozen ships
    New York-listed owner inks loan in latest finance move of a busy summer.
  • Ocean Tankers tied to second VLCC purchase of summer
    Brokers believe the ship will add to the company's storage fleet.
  • European Union flag scrapping deadline to stay, says commissioner
    Belgian politician quizzes Karmenu Vella as concerns persist over approved yards list capacity
  • Braemar stock picks up on MOL LNG carrier delivery
    Chief executive James Kidwell says similar deals are in the works.
  • Blackrock takes big stakes in two Pittas public companies
    Tennenbaum takeover leaves investment heavyweight with substantial stakes in Euroseas and EuroDry.
  • US oil industry to suffer from Unipec ban
    China may have more to lose from trade war, but US has become dependent on China for crude sales, says Banchero Costa.
  • Unipec reported to have suspended US oil imports
    Chinese refiner's actions latest development in growing trade spat between world's two largest economies.
  • Bumi Armada sees Vietnam FPSO contract extended
    Malaysian offshore vessel operator says latest deal will keep unit employed until 2024.
  • Pacific Radiance bondholders set to vote on restructuring
    Offshore vessel owner to hold informal clinics this week ahead of formal vote on bond overhaul.

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American Shipperweb site
AUGUST 6, 2018
  • COSCO plans to extend growth with OOCL
    COSCO said that following last month' s completion of its acquisition of the parent company of container carrier Orient Overseas Container Line, the combined companies will be the third-largest container carrier and remain "committed to further growth, with 19 vessels ordered and a total capacity of about 330,000 TEUs, the combined capacity will reach 2.93 million TEUs by the end of 2018."
  • Trade deficit expands after three-month decline
    The U.S. trade deficit expanded in June after three consecutive monthly declines that brought the deficit to its lowest level since October 2016.
  • First round of post-deal sanctions hitting Iran
    Several U.S. sanctions on Iran will activate at midnight, upon the expiration of a 90-day wind-down period for certain transactions with the country following President Donald Trump's May 8 withdrawal from the Joint Comprehensive Plan of Action, otherwise known as the Iran nuclear deal.
  • BNSF's Q2 earnings chug ahead nearly 37 percent
    Burlington Northern Santa Fe, LLC (BNSF), a Class I railroad owned by Berkshire Hathaway, saw double-digit year-over-year earnings and revenues growth for the second quarter of 2018.
  • Positive momentum in spot rates continues
    Container freight rates showed continued positive momentum last week after capacity cuts in the major east-west trade lanes, according to two of the primary indices for measuring spot market pricing.
  • Global box volumes sustain slow, steady growth
    Global transport volumes of containerized cargo continued to grow at a slow, steady pace in June, climbing 1.3 percent year-over-year to 13.99 million TEUs for the month, according to the latest data from industry analyst Container Trade Statistics.
  • Unions oppose single-pilot cargo plane study
    A group of pilot unions want a provision in a House or Representatives' Federal Aviation Administration reauthorization bill that calls for a study into single-pilot cargo plane operations grounded.
  • Commerce taking California export panel bids
    The Commerce Department is seeking nominations for up to 35 appointments to a new Central California District Export Council.
  • FMC reviews 11 OTI license applications
    The U.S. Federal Maritime Commission has received 11 ocean transportation intermediary license applications and changes for review.

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The Bunker Bulletinweb site
AUGUST 6, 2018
  • Crude futures rise on Saudi output, Iran sanctions
    Crude futures settled higher Monday, boosted by lower output from Saudi Arabia in July, and as US sanctions on Iran were due to start Tuesday.
  • Prompt Rotterdam RMG 380 CST bunker fuel requirements tight: sources
    A busy VLCC loading schedule, lower exports from Russia have kept avails tight.
  • Congestion at port of Gibraltar following fog at weekend: sources
    Bunkering operations at the Mediterranean hub of Gibraltar were disrupted over the weekend due to heavy fog which has led to some congestion at the port
  • Up to three VLCCs of Urals planned for China: sources
    China's Unipec is planning to load three VLCCs of Russian medium sour Urals crude to Asia in August, traders said.
  • Sturdy fuel oil crack sees European refiners eye sour crudes
    A strong 3.5% FOB Rotterdam fuel oil crack has tempted European refiners to favor sour crudes in order to boost production of high sulfur fuel oil
  • Refinery upgrades, works to ramp up ahead of 2020 IMO sulfur cap
    As the International Maritime Organizations 2020 0.5% global marine sulfur cap edges closer, refinery upgrades are expected to pick-up through H2 2018
  • First Suezmax for Aug departs Europe with fuel oil for West Africa
    The first Suezmax laden with fuel oil has departed Rotterdam for the West African market in August, according to Platts trade flow software
  • External: Praxis Energy Agents DMCC
  • External: Marine Bunkering(Rotterdam)B.V.
  • FUTURES 1: Crude rises on US oil rig count, volatility to remain
    "Prices this morning have recovered a bit on a bullish US rig count report," said Phillips Futures' analyst Benjamin Lu.
  • Port State Control officials target inspection of ships globally ahead of IMO 2020
    The CIC will ensure effective and uniform enforcement of environmental rules to curb emissions.
  • Saudi Aramco resumes oil shipments through Bab el-Mandeb
    The strait is an 18-mile-wide chokepoint at the southern tip of the Red Sea between the Arabian Peninsula and the Horn of Africa.
  • China adds US LNG to list of products for potential 25% import tariff
    Chinese demand figures to underpin a substantial chunk of expected US export capacity growth over the next decade.
  • OPEC output surges on Saudi crude boost
    Saudi Arabia produced 10.63 million b/d, the kingdom's highest since August 2016.




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