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25 September 2018 The on-line newspaper devoted to the world of transports 00:00 GMT+2




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Sched Netweb site
SEPTEMBER 10, 2018
  • Asia-Europe rate falls 6.9pc to US$868/TEU, rises 1.5pc to USWC
  • US east and Gulf coast ILA dockers agree to 6-year master contract
  • High oil drives down CMA CGM profit to US$22 million, but sales up 7.4pc
  • MSC increases raft of seasonal rates and surcharges worldwide
  • Docker's death in crane accident at Ports of Auckland sparks uproar
  • CMA CGM offers cutting-edge long distance fruit transport solution
  • Wind farm near twice size of Hong Kong Island unveiled in Irish Sea
  • Scrubbers 'likely to be preferred method to meet sulphur cap fuel rule'
  • New container rail freight links Marseilles, Le Havre and Lausanne
  • Zeamarine gets official clearance to launch as new heavy lift operation
  • ACO Marine Sika group tie up on deck drainage interface concept
  • The Freight Summit to be held at Reverie Saigon October 9-12
  • Etihad Cargo, New York's Trinity Logistics renew Rickenbacker deal
  • Rollinson undergoes induction to prepare for heading up Dachser UK
  • Eric Born to stay on at Swissport as president, CEO until end 2019

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Exim Indiaweb site
SEPTEMBER 9, 2018
  • China ranked the world's top shipping nation
  • CMA CGM records increased volumes & revenue in Q2
  • GAC India wins Goa State Logistics Leadership Award
  • OOCL introduces new Asia-East Africa direct services
  • Chabahar port to be handed over to Indian co. for operation very soon: Iran Minister
  • China allows Nepal to use its sea & land ports
  • Visakha Container Terminal & CFS register impressive all-round performance
  • CONCOR flags off first container train from Sukhpur Rail Terminal
  • GatewayRail flags off dedicated train with 90 TEUs from ICD-Sahnewal to Mundra Port
  • FIEO signs MoU with NSE for jointly creating awareness on managing volatility in exchange rates
  • India to become a $10-trn economy by 2035: Suresh Prabhu

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International Transport Journalweb site
SEPTEMBER 10, 2018
  • "Recognition for Europe"
  • Paving the way for Parkes - Narromine railway line
  • New depot boosts capacity to 6,000 shipments per day
  • Successful China - France voyage via Arctic route
  • Stellar H1 results for Bolloré Logistics
  • Britannia goes to Denmark
  • WFS operates own cargo terminal at Milan Malpensa
  • New cranes to enhance Curaçao Port Services
  • Russian metal giant now serving Turkey by rail
  • Spare parts from i-logistics centre
  • Change of CFO at Xpediator
  • BMW books B777F as global showcase
  • Preparing for Brexit in Antwerp
  • Canadian carrier orders 60 more locomotives
  • "Curiosity of the day"
  • Huge parcel facility in Australia
  • Second Atlas Air B747-400F for Asiana Cargo
  • Volumes still surging in Spanish ports

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IHS Maritimeweb site
SEPTEMBER 7, 2018
  • Tanker owners could see higher charter rates as vessels docked for scrubber work
  • Post-Panamax trio booked at Mitsui E&S
  • Hyundai HI CEO defends job cuts in offshore unit
  • Costs huge factor as shipping scrambles to meet regulations
  • Brightoil auditors hint at questionable deals
  • Sincere Navigation launches bid to break into product tanker market, hires adviser

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The Loadstarweb site
SEPTEMBER 7, 2018
  • CMA CGM price cut shocks rival box carriers trying to push up rates
  • Forwarders eyeing major US airports with dread as peak season looms
  • Seko Logistics acquires majority stake in Australia's Omni-Channel Logistics
  • Tech aims to turn supply chain logistics from a cost driver into a value driver
  • US regulator demands 'transparency' in fees for containers
  • From newsroom to cockpit: Victoria's new challenge as a pilot
  • Electric trucks are necessary - and on their way, anyway
  • CMA CGM introduces Climactive to help control reefer atmosphere

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Marine Logweb site
SEPTEMBER 7, 2018
  • U.S. files suit in another Honolulu longline fishing fleet pollution case
  • ABS grants AIP for innovative LNG fuel gas container
  • TOTE nears three year anniversary of start of LNG fueled operations
  • Vard finds buyer for DSCV it got stuck with in Harkand collapse
  • DEME orders four vessels at Royal IHC
  • NASSCO awarded $218.7 million Bonhomme Richard contract

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Lloyd's Listweb site
SEPTEMBER 7, 2018
  • Stena Bulk confirms Petrobras time-charter deal for two MR tankers
    Two vessels reportedly chartered at $14,500 per day will be serving in Brazilian coastal trades for the state energy giant
  • CMA CGM reports near 90% profit slump
    CMA CGM recorded revenues of $5.7bn in the second quarter, and container volumes of nearly 5.2m teu
  • SMM: Slew of red tape hands bigger role to classification societies
    The tsunami of red tape engulfing the shipping industry is going to leave it in need of greater information, which...
  • Fellowship Blog: Our intern reveals what goes on behind the scenes at Lloyd's List
    IMO marked its 70th anniversary ensuring the safety and efficiency of the international shipping industry
  • Alibra Shipping sets up Athens dry bulk operation
    New office will be led by former Lightship managing director Stefanos Makris, who will manage a team of five
  • Has CMA CGM found its next acquisition target?
    France's CMA CGM thought to be willing to pay $4bn to acquire Taiwan's Evergreen after confirming that efforts to buy...
  • TEN trims losses in second quarter
    Athens-based owner says its heavily time-chartered tanker fleet beat spot rates by more than 100%
  • Hokkaido coal shipments disrupted following quake
    Dry bulk cargo flows could be disrupted while freight rates might increase as Japan assesses damage from the deadly disaster
  • SMM: Lloyd's Register debuts digital monitor of vessel parts
    The 'digital twin' will change the way classification is carried out and will most probably reduce inspections, according to LR...
  • Yard Talk | Chinese yards breathe easier
    The tightening shipping emission rules have created additional demand for the shipbuilding industry, including the Chinese yards, highlighted by the...
  • Skuld posts positive half-year result amid low claims
    Bottom line boosted by investment results, expanded book and low claims incidence, says entity behind P&I club and Lloyd's syndicate
  • Consolidation players go hungry
    The received unwisdom that big players find it easy to gobble up all the small fry is not playing out...
  • Mitsui wins order for three post-panamax bulkers
    The vessels are expected to be delivered by the second half of 2020
  • The Interview: Peter Cremers
    The industry veteran expects shipmanagment consolidation to continue, but appears to have no intention of giving over his own business...
  • CMA CGM chief says pursuit of Hapag-Lloyd is 'closed'
    Confirming rumours at the start of the summer that the French container line had approached Hapag-Lloyd, CMA CGM's chief executive...
  • Daily Briefing
    The Lloyd's List Podcast: SMM 2018 | HFO future does not dampen scrubbers' outlook | Billions remain docked as port...

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The Journal of Commerceweb site
SEPTEMBER 7, 2018
  • Tech trucking efficiencies hinge on trucker buy-in
  • Amid trans-Pac spot rate uptick, October blank sailings emerge
  • In spite of fuel-driven loss, CMA CGM positive on profitability
  • US truck capacity tightness drives inland port, barge innovation
  • US's steel tariffs, quotas disrupt, jumble market
  • Krishnapatnam leads South India transshipment
  • ILA contract deal ensures US-wide labor peace until 2022

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TradeWindsweb site
SEPTEMBER 7, 2018
  • UK's Women in Maritime draft new charter
    New charter promoting gender balance to be launched by UK industry body taskforce.
  • Okeanis Eco Tankers brings in new chief financial officer
    BW LPG man comes in to replace Alafouzos family stalwart at Merkur-quoted tanker owner.
  • Tsakos Energy results match consensus
    Tanker owner returns to red for the second quarter but is 'confident in the future', chief operating officer George Saroglou says.
  • Navig8 Chemical hires new operations chief
    Nicolas Busch-led owner bolsters management team as it raids rival Chembulk for chief operating officer.
  • Scrubbers 'still a fraction' of shipowner preference
    One would be wrong' to think the technology is the solution to IMO 2020 compliance, Evercore ISI says.
  • Former Bimco head Carsten Melchiors dies
    Ex-secretary general had suffered a period of illness.
  • Uljanik Group eyes Azerbaijan lifeline
    Troubled Croatian yard believes it can build more vessels for Caspian nation.
  • Celsius Shipping adds to product tanker market exposure
    Danish owner said to have continued busy period with purchase of medium range vessel.
  • Norwegian vehicle snaps up Salamon ship
    German KG house Salamon has sold one of its vessels to a new Norwegian venture. The 73,000-dwt Cape Texel (built 2009) has gone to a Norwegian A/S company set up by Clarksons with Norwegian and international investors. Subjects are lifted on the deal, which some price at $12.5m. Christian Salamon did not reply to requests for comments.
  • Vard sells $120m OSV left over from Harkand collapse
    Unnamed buyer clinches deal for construction vessel due this year.
  • Dof Subsea wins frame deal from Wintershall
    Oil company can call on Norwegian owner's ships in Atlantic region.
  • HHI's Kang: sacrifices must be made by workers
    CEO says concessions needed to keep offshore business running.
  • Berenberg Capital adds basket of LNG stocks
    Analyst Donald McLee places buy ratings on Golar LNG and both GasLog companies.
  • Vyborg Shipyard falls to first-half loss
    Russian shipbuilder hit by lower revenue so far in 2018.
  • Stena Bulk confirms double MR tanker deal with Petrobras
    Contract comes at a time the shipowner is looking to expand its relationship with Brazilian oil company.
  • DEME orders quartet at Royal IHC
    Belgian owner picks Dutch yard for latest fleet renewal.
  • Handymax back under arrest in Singapore
    Cargo owner joins in ongoing legal battle that has played out against a handymax bulker in Madagascar, Indonesia and Singapore.
  • EMAS Offshore's Oslo delisting deadline extended
    Financial Supervisory Authority gives struggling OSV owner more time to appeal decision.
  • Royal Caribbean Cruises boosts dividend payments
    Royal Caribbean Cruises has continued the steady increase of its dividend and bumped up its latest quarterly payout to investors. Royal Caribbean upgraded to buy Royal Caribbean sees higher profit New York-listed RCL has declared a $0.70 per share dividend, which it says reflects efforts to increase shareholder returns. The company behind the Royal Caribbean International, Celebrity Cruises, A
  • Antwerp prepares for Brexit with UK appointment
    Justin Atkin brought in to make sure trade flow is not choked off.
  • Russians reveal autonomous shipping projects
    USC and others working on unmanned vessels as Russian draws up new rules.
  • Mystery investor calls in Clarksons as it seeks $22m GoodBulk stake
    A mystery investor is looking to buy a $22m stake in capesize heavyweight GoodBulk just 24 hours after the company sold a $10m slice of stock to bring in a new shareholder. GoodBulk inks fresh loan and brings in new investor Deal opens up new European investors for Star Bulk Billung credits Clarksons as Star Bulk deal strips away Songa Bulk's 'boring' tag Clarksons Platou Securities has been d
  • Ethiopian ship docks in Eritrea for first time in 20 years
    ESL vessel's arrival in Massawa marks further thawing of enmity between neighbours.
  • Credit Suisse CEO denies bid for Ivory Coast presidency
    Tidjane Thiam says he wants to finish restructuring job he started at Swiss lender.
  • Mitsui bags order for post-panamax bulker trio
    Mid-sized Japanese shipyard says newbuildings will be built to new neo 87BC design
  • Saade: interest in Hapag-Lloyd at an end
    CMA CGM says company has called off its pursuit of German rival, but other targets remain.
  • Parbulk 2 continues to pursue Humpuss claim
    Wilh Wilhelmsen-backed outfit won't give up in effort to collect from Indonesian company.
  • Exmar returns to profit in first half of 2018
    LPG player looks to take advantage of stronger rates to refinance pressurised fleet at "better terms".
  • Japanese supramax bulker refloated off Montevideo
    Vessel ends short stay at notorious blackspot for vessel groundings following assistance from tugs.

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American Shipperweb site
SEPTEMBER 7, 2018
  • Hearing on positive train control progress Thursday
  • ILWU tallying ballots for union leadership
  • House unlikely to get tariff details from Trump
  • BIS rule to refine Section 232 exclusion process
  • Trade coalition rails against further China duties
  • Vancouver longshoremen agree to labor deal
  • U.S. pork exports bogged down by tariffs
  • Commentary: There's nothing cute about hazmat
  • U.S. transportation hiring on a roll

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The Bunker Bulletinweb site
SEPTEMBER 7, 2018
  • Abysmal clean Med Handysize freight market hammers shipowners' TCEs
    A weakening Mediterranean market for Handysize oil product tankers continues into September after a summer characterised by chronic oversupply of vessels and elevated bunker costs, and rates have dropped to a level where many shipowners are unable to cover their costs.
  • Total books first Saudi Arabia-USAC gasoline cargoes in 3 years
    French oil giant Total has booked four cargoes of gasoline from Saudi Arabia to the US Atlantic Coast, including one set to deliver September 8, in the first such voyages in at least three years, market sources said Friday.
  • USGC-Far East naphtha arbitrage has fleeting return
    Cargoes were booked to sail from the US Gulf Coast carrying naphtha amid what a USGC market source described as a "once-open but now marginally open" arbitrage to Asia.
  • FUTURES 5: NYMEX RBOB strengthens as Bayway FCC issues continue
    The oil complex clawed back some ground during afternoon US trading Friday, led by NYMEX October RBOB, which settled 1.9 cents higher at $1.9700/gal.
  • Istanbul bunker fuel tightness boosts premium to Piraeus
    The premium of bunker fuel at Istanbul over the Greek port of Piraeus continued to widen Friday on tight product and barge availability at the Turkish port, sources said Friday.
  • Saudi Arabia could be vital to fuel oil hazy future
    The world largest crude oil exporter could be the answer to the quandary that awaits the high sulfur fuel oil market once interest for this product wanes due to implementation of a global marine sulfur cap.
  • US DATA: EIA says USGC fuel oil stocks lowest since 2009
    No export fixtures out of the USGC to Singapore have been reported to S&P Global Platts this week.
  • OPEC crude production rises to 32.89 mil b/d in August as cuts unwind: Platts survey
    Taking away Congo, OPEC's August output of 32.57 million b/d is the highest since it produced the same amount in October 2017.
  • Singapore 180 CST HSFO cash differential hits 5-month low on higher supply
    "Ex-wharf premiums [to Mean of Platts Singapore 380 CST HSFO assessments] are likely to come off gradually with more cargoes expected," a trader said.
  • Greece's Maran Tankers to install scrubbers, ballast water systems on 13 ships
    The installation will take place at Sembcorp Marine's Tuas Boulevard Yard and Admiralty Yard.
  • TANKERS: Panamax UKC-TA route hits nine-month high
    The position list is very tight and aside from one or two vessels opening up in the region there are few options left for charterers.
  • US sanctions target Syrian petroleum trade network
    Sanctions have been issued four individuals and five entities for potentially setting up a delivery network supplying the Syrian government with crude oil, fuel and LNG as well as financing and weapons.
  • Asian refiners show voracious appetite for Atlantic Basin crudes
    The glut of sweet crudes that had emerged over the past few months is fading due to sturdy and emphatic demand from Asian refiners.




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