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31 March 2020 The on-line newspaper devoted to the world of transports 14:32 GMT+2




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Sched Netweb site
AUGUST 10, 2018
  • DP World buys Denmark's short-sea major Unifeeder for US$765.4 million
  • Terminal utilisation rate continues to outpace capacity growth
  • India ranks No 2 in seafarer manpower supply, ahead of China, Indonesia
  • ICTSI's 6pc profit slip to US$97.7 million blamed on terminal start-up costs
  • Valencia's 4th box terminal will help it retain its No 1 port status in Spain
  • Expeditors' quarterly profit up 29pc to US$141 million as sales rise 14pc
  • Global box volumes continue to rise, up 1.3pc in June to 14 million TEU
  • Global box freight rates continues to rise in August, major indices show
  • India's shipping ministry vetoes dedicated body for freight village project
  • Agility posts 24pc net profit increase as revenue rises 14.1pc
  • Brussels reports another increase in air cargo volume, up 13.9pc in July
  • AirMap deployed in Czech Republic to manage nation's busiest airspace
  • First A330-200 freighter conversion delivered to Egyptair Cargo

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Exim Indiaweb site
AUGUST 9, 2018
  • CMA CGM enhances website
  • DG Shipping conducting inquiry into collision of Indian fishing boat with unknown merchant vessel off Kerala coast
  • NYK exploring LNG bunkering business
  • Vivek Choudhary elected Chairman of Calcutta Freight Brokers Association at 80th AGM
  • Export of oilmeals up in July & first four months
  • APM Terminals Pipavav registers increased revenue in Q1FY19
  • 295 new underpass/overbridge projects to be completed by March 2019
  • Cabinet approves MoU between India & Korea on Trade Remedy Cooperation
  • Allcargo Logistics' Avashya Foundation empowering rural communities through environmental initiatives
  • Global coffee export up 2.6 pc in June
  • New Export Import Workshop batch from Sept. 22

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IHS Maritimeweb site
AUGUST 9, 2018
  • Euronav: Tanker oversupply still holding back rates
  • DS Norden issues profit warning as tanker gloom outweighs strong dry bulk
  • Indian coal imports back in black
  • STX O&S tries to sell assets to raise working capital
  • Ciner Ship Management chooses scrubbers for 19 ships
  • Dry bulk recovery spurs Japan shipbuilding

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The Loadstarweb site
AUGUST 9, 2018
  • Big spike in containership lay-ups mid-peak season a worry for owners
  • Bullish Lufthansa Cargo holds firm on €12 fee for use of paper air waybills
  • Walmart and JD.com invest $500m in Chinese logistics service
  • Lax airport checks make illegal wildlife trafficking easier
  • Post-Brexit shipping routes mean spoiled Irish food

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Marine Logweb site
AUGUST 9, 2018
  • Gulf Island Fabrication reports second quarter results
  • New R-R stabilization system offers big benefits for ice-class ships
  • Maersk and IBM launch TradeLens blockchain shipping solution
  • VIDEO: Wilhelmsen drone project gets Singapore government funding
  • MARAD awards $4.8 million in Marine Highway project grants

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Lloyd's Listweb site
AUGUST 9, 2018
  • The Lloyd's List Podcast: How to make money in boxes and how to avoid Iran sanctions risk
    Listen to the latest edition of Lloyd's List's weekly podcast - your weekly briefing on the stories shaping shipping in...
  • DP World arbitration win over Djibouti terminal unenforceable in practice, experts warn
    Compensation could now be best bet for ports multinational
  • Novoship appoints new president
    Managing director of SCF Management Services takes the helm at Sovcomflot unit
  • Maersk and IBM launch blockchain product
    Box shipping and tech giants have 94 partners lined up in blockchain trial, but only one other carrier has put...
  • Wallenius moves into profit but sees risks ahead
    The Oslo-based company said it would retrofit 20 vessels with scrubbers, bringing its total to 25
  • Euronav beats forecast and expects benefits from Gener8 merger
    Update: Chief executive Paddy Rodgers describes scrubber installation as a rush to mine "gold in the hills" for some...
  • Freight forwarders still face Felixstowe problems
    The British International Freight Association slams UK port's 'complete failure' of customer service
  • Viewpoint: Fuel fiasco
    It may take the shock of fines, detentions and port state control inspections to ensure that poor quality marine fuels...
  • Daily Briefing
    Crude escapes latest round of trade tariffs | Mixed bag of results reveal fragmented market fortunes | Angelicoussis switches strategy...
  • Star Bulk expects to prosper in the age of uncertainty
    Chief executive Petros Pappas says low order book is the main key to market's health while it is difficult -...
  • Sumec makes $335m takeover of Dayang Shipbuilding
    State-owned Sumec believes it will benefit from Dayang's eco-design dry bulker products

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The Journal of Commerceweb site
AUGUST 9, 2018
  • Are US railroads missing out on intermodal volume?
  • US retailer report warns of tighter eastbound trans-Pac capacity
  • US chem sector jockeys for trucking capacity
  • Large US warehouse rent rise fails to blunt demand
  • Indian transshipment at foreign hubs jumped last fiscal year
  • IBM-Maersk blockchain effort builds with nearly 100 users

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TradeWindsweb site
AUGUST 9, 2018
  • Aegean appoints new management team
    Bunker supplier picks new operations chief and interim finance boss post a flurry of executive departures.
  • TGS rides oil cash flows for a stellar quarterly performance
    Oil companies' asset swaps are filling the pockets of seismic players, while the next phase of the offshore recovery will rise on increased E&P budgets, TGS says
  • Hoegh Autoliners trims loss and sees better times ahead
  • Companies need to act ahead of new rules on lease accounting
    At the start of next year new international accounting rules will bring leases onto companies' balance sheets, with significant implications, write Michael Weaver and Ben Hanslip
  • French seismic player CGG stays in black after restructuring
  • Dole eyes Chinese newbuildings as fleet ripens for renewal
    Fruit giant said to have approached four shipyards as it looks replace older vessels
  • Trump started this fight, but does he know how to finish it?
    The US president may believe his aggressive tariffs against China are working, but even some of his supporters are expressing growing concern - and that should worry shipping
  • Unifeeder boss eyes going global after DP World takeover
    Pan-European feeder boxship operator aims to go worldwide after takeover by the Dubai-headquartered port operator
  • Dioryx readies to part with decade-old panamax boxships
    Low-profile Greek begins disposals of former Pan Ocean-chartered vessels
  • BW scoops FSRU job for Brazil's Port Acu plant
    Regasification player is set to supply a newbuilding for project that will become largest gas-fired power hubs
  • Hyundai Heavy tied to first-ever VLEC deal
    Sources say Delos contract adds to order for up to six VLECs at rival Samsung Heavy Industries.
  • Liquefied biogas offers glimpse of lower carbon fuelling future
    Cost, availability and ultimately demand will determine the development of this embryonic but renewable bunkers alternative
  • Alaska LNG talks shipping as it pushes towards sanction
    Project will need vessels that can handle some ice conditions and serve the north Pacific trades
  • Dynagas FSRU duo to have dual trade and regas roles
  • Excel heads to Middle East for Portovaya FSU conversion
  • PHP seeks to make its mark as green recycler with Vale demolition
    Private shipbreaking yard wants to be the first in Bangladesh to be recognised as a safe and green recycler
  • Shipowner questions Hong Kong flag over Lighthouse Winmore
  • Tanker market stirred but not shaken by Houthi VLCC attacks
    Analyst says new Saudi Aramco refinery may pose bigger security risk than tanker traffic
  • Was there more to Gurnee's remarks on older MR tankers?
    Ardmore boss seems to covet a vessel type that Diamond S Shipping happens to own in spades
  • Mowinckels on the lookout for tanker investments
    Shipowner says falling values make expansion in wet segment highly attractive
  • King Neptune joins BW Group FPSO crew for ceremony and cake
  • Supramax purchase shows intent of fast-growing Diligent Holdings
    Greek outfit makes its costliest secondhand supramax purchase - for $17.5m - while caution over rates and asset values see overall local buying activity slow during the summer
  • Buyer found for largest of three NEL Lines ferries up for auction
  • Demolition briefs
  • Pappadakis times it right to snap up another capesize
    Kassian acquires 10th bulker since 2016, ready to take advantage of rising market
  • Wilhelm Holst reveals promotion to CEO at Lorentzen & Stemoco
    Former L&S head of global shipbroking climbs ranks to land top job at Norwegian firm
  • Diana Containerships reaps improved rate
    Hire jumps 24% for one of four units remaining in Greek owner's fleet.
  • Paddy Rodgers sees 'gold in them thar hills'
    Euronav chief executive not completely sold on scrubber technology, questions oil-refinery readiness for IMO 2020 low-sulphur mandate.
  • Paddy Rodgers 'scratches head' over IMO readiness
    Euronav chief executive questions whether oil refineries will be ready for International Maritime Organisation's 2020 low-sulphur mandate.
  • Morgan Stanley upgrades GasLog amid trade war win
    Bank also jacks up its target price for Peter Livanos-backed shipowner.
  • AP Moller-Maersk and IBM target year end for blockchain roll-out
    Industry giants reveal name of their joint-venture which now has approaching 100 parties involved.
  • Harvey Gulf merger offer not good enough to win GulfMark
    Suitor would need to sweeten its proposal to snatch fellow offshore vessel operator GulfMark from Tidewater
  • Fafalios sells bulker after 17 years in fleet
  • Lunder earned more than $9m from private firm
    Former Fredriksen aide pursues Norwegian state for compensation over corruption allegations
  • Overseas Shipbuilding earnings remain flat
    Jones Act tanker sees slightly less revenue due to two less vessels on the water.
  • Dorian points to 'de-risked' balance sheet amid quarterly loss
    New York-listed VLGC owner and takeover target misses forecasts in three months to close of June.
  • Havila Shipping sells last PSV veteran
    Norwegian owner now has PSVs of 10 years old or less in its fleet.
  • Novoship appoints new president
    Alexey Khaydukov, a Sovcomflot executive, will still remain managing director of SCF Management.
  • Wallenius Wilhelmsen Logistics in $140m scrubber spree
    Norwegian shipowner says retrofitting project will allow it to tackle uncertainty around 2020 rule change.
  • Euronav's Rodgers: Further fleet rebalancing needed
    Newbuild orders remain focused on the VLCC sector, chief executive Paddy Rodgers says.
  • Wallenius Wilhelmsen drops on mixed second quarter reviews
    Analysts split on second quarter performance of Oslo-listed company.
  • Negligible impact from China-US trade spat, says Eagle Bulk
    Shipowner's comments come after a second successive quarter in the black.

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American Shipperweb site
AUGUST 9, 2018
  • Antwerp testing autonomous vessel
    The Port of Antwerp has introduced a fully automatic sounding boat to measure water depth.
  • Orca Ace visits Vancouver
    The Port of Vancouver USA welcomed the M/V Orca Ace on her maiden voyage Wednesday.
  • Maritime strategy years overdue
    A congressionally mandated Department of Transportation study laying out a "national maritime strategy" is now more than three years overdue, according to a report released by the Government Accountability Office on Wednesday.
  • Shipping struggles with supply and demand
    The one constant in the container shipping industry is the challenge of supply and demand. Carriers have struggled with overcapacity for years, partly because they kept ordering bigger ships, but also because constant competition for market share led carriers to undercut each other on price and end up with non-compensatory rates and a whole lot of red ink.
  • ITC looking into wireless mesh
    The International Trade Commission will start an investigation into whether imports of certain wireless mesh networking products and related components thereof violate U.S. intellectual property rights (IPR) law.
  • Maersk, IBM start blockchain platform
    Danish shipping conglomerate A.P. Moller - Maersk and global technology company IBM on Thursday announced the launch of their jointly developed blockchain solution, TradeLens.
  • Houston garners new gantry cranes
    The Port of Houston's Bayport Container Terminal on Wednesday received three new neo-Panamax ship-to-shore cranes.
  • Airbus flying high in Mobile
    It's been three years since Airbus opened a final assembly plant for its A320 family of aircraft in Mobile, Ala., and the company's supply chain operation now is riding high.
  • On the Surface: Precision timing
    It's been more than a year since CSX implemented the controversial precision scheduled railroading operating model, and most signs show it paid off.

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The Bunker Bulletinweb site
AUGUST 9, 2018
  • China's independent refiners import Canadian Cold Lake blend to replace Venezuelan Merey
    China's independent refineries will receive their first batch of Canadian Cold Lake crude blend in August as feedstock to produce asphalt
  • JXTG suspends Sendai shipments on typhoon, restarts Tokyo Bay
    Japan's largest refiner JXTG Nippon Oil & Energy on Thursday suspended waterborne oil product shipments at its Sendai refinery
  • Crude futures settle lower, extending decline
    Crude futures settled lower Thursday, following through on Wednesday's tumble. October ICE Brent settled 21 cents lower at $72.07/b
  • Bunker trader OCM announces new Hamburg team
    Bunker trader OCM announces new Hamburg team Bunker trader and broker OceanConnectMarine will open a new office in Hamburg, Germany
  • Bunker supplier Aegean announces new senior managers
    Global bunker supplier Aegean Marine Petroleum has appointed a new management committee after financial difficulties earlier this year




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