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14 August 2020 The on-line newspaper devoted to the world of transports 06:44 GMT+2

free news
Exim Indiaweb site
OCTOBER 16, 2018
  • 'Cost Impact Calculator' launched to help shippers prepare for & better understand fuel costs post-IMO 2020
  • Pune Customs & PCHAA organise IGST refund training
  • APM Terminals to divest Izmir terminal
  • Coastal container line vessel calls at KICT
  • New salt loading record at Deendayal Port
  • No disruption at BMCTPL & other terminals at JNPT due to Oct. 13 incident
  • V.O.C. Port handles vessel with 14 metre draught for the first time
  • CITPL & CONCOR enhance last mile connectivity with re-launch of railbridging from CITPL to ICD Tondiarpet
  • Exports up in Sept. in INR terms
  • Cargo Shop 2018 - Shippers & LSP Forum has the Pune trade engrossed

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International Transport Journalweb site
OCTOBER 17, 2018
  • Freight calls the tune
  • Sustainable and competitive
  • An Australian trucker with a snappy response
  • Geodis putting on a hackathon
  • Improved delivery of consignments
  • Havi names new managing director for Germany
  • More throughput across Antwerp's quays
  • AF KLM Martinair Cargo returns vintage aircraft to the air
  • 4 km train launched in South Africa
  • Axit becomes Siemens Digital Logistics
  • GAC opens the gates in Panama
  • SF Airlines launches second Nanchang route
  • FY results satisfactory for ports of Auckland
  • "Curiosity of the Day"
  • Röhlig Australia getting into the wine business
  • New vice-president for EIFFA
  • First new locomotive after 90 years
  • ONE revises its forecast
  • Turkish Cargo to operate from mega hub

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IHS Maritimeweb site
OCTOBER 16, 2018
  • US lawmakers carve out scheme for offshore wind port hubs
  • V. Group, Blue Net carve up Norddeutsche Reederei
  • Stena to spend up to USD85 million on scrubbers
  • PIL sells five box ships to Minsheng for USD90 million
  • ONE to make loss in first year of operations
  • London intent on remaining world's leading shipping centre post-Brexit
  • Cargill takes two more mini-Capes from CSSC Leasing
  • Baltic Exchange offers escrow service
  • HMM could acquire SM Line's trans-Pacific portfolio

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The Loadstarweb site
OCTOBER 16, 2018
  • ONE container carrier network now predicting loss of $600m in its first year
  • Lufthansa Cargo bans dry ice shipments on 747s to keep animals safer
  • APM Terminals sells its stake in Turkey's Petlim container terminal
  • B&H launches Euro road freight network to complement air services
  • Analysis: APMM vs GE - dinosaurs, but heading for extinction?
  • US tariffs hang over China's biggest trade fair
  • Freight Mergers brings in M&A specialist Luke Mitchell

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Marine Logweb site
OCTOBER 16, 2018
  • Hit by Hurricane Michael, Eastern Shipbuilding starts recovery efforts
  • Stena Bulk to install scrubbers in up to 21 vessels
  • Seafarers and digital disruption, sorting fact from fantasy
  • V.Group to acquire Norddeutsche Reederei
  • FLIR wins Coast Guard AIS-2 contract
  • Humphree stabilizers give Commodore commuters a smooth ride
  • ROV based hull cleaning now available in Panama Canal area
  • Digital transformation: Wärtsilä is ahead of the curve

news on subscription
Lloyd's Listweb site
OCTOBER 16, 2018
  • V.Group to acquire Norddeutsche Reederei
    Shipmanager adds to a portfolio of more than 1,000 vessels with its acquisition of the containership specialist
  • Merchant ship's guards fight off Somalia attack
    The gang appear to have aborted the attack after armed security personnel on board the merchant vessel returned fire
  • IMO urged to address 'real and major' safety threat from sulphur cap
    Greek shipowners' leader says an 'experience-building phase' is the very least that should be done to protect ships and crews...
  • Post-Brexit customs arrangements 'need more detail'
    Being outside of the customs union and the single market does not mean that trade will become impossible and is...
  • When ONE is less than zero
    ONE blames bunker price rises for its losses, but admits it has not been able to achieve its projected demand...
  • Chinese leasing for Marinakis VLCCs hailed as bellwether deal
    Expansion of funding to cover range of vessel sizes and types highlights the rise in importance of Chinese firms
  • Wärtsilä opens Acceleration Centre in Singapore
    Wärtsilä also aims to address cyber security challenges by launching its Maritime Cyber Centre of Excellence as part of the...
  • Cosco Shipping Ports maintains strong growth
    Overall throughput growth continues strongly, with volumes across all the group's ports rising 11.1% to 8.6m teu
  • Stena Bulk to fit up to 21 ships with scrubbers
    Swedish owner has agreed to fit 15 tankers with scrubbers and has options for six more installations before 2020
  • APL expands Eagle GO to feeder services
    CMA CGM subsidiary expands guarantee of slot space and equipment to feeder services across Asia, Middle East and Indian subcontinent
  • A United Nations for liner shipping?
    Establishing an industry-wide body to develop and publish standards, where all can participate yet none has the controlling power, may...
  • Rolls-Royce enlists Intel to build self-sailing vessels
    Rolls-Royce and Intel will collaborate on designs for automated shipping systems that they say will make commercial shipping safer
  • Greece reaffirms maritime collaboration with China
    The countries want to cultivate ties on seafarer training and protecting the marine environment. They also pledge closer links at...
  • ONE's first-half and full-year forecasts revised down
    Weak peak season trading and utilisation, following teething problems, push ONE towards $600m full-year loss as bunker costs continue to...
  • UK's clean maritime revolution starts voyage
    Experts on clean shipping are meeting this week to plot the route to zero emissions for the UK maritime sector
  • Daily Briefing
    German shipping woes make borrowing harder | OOCL to introduce bunker recovery charge | US and Canada urged to update...
  • South Korea to buy $709m HMM bonds
    Move comes after HMM signed newbuilding contracts last month for 20 large containerships with three South Korean builders
  • Rio Tinto's third quarter iron ore shipments slip 5%
    Despite these disruptions, iron ore shipments for the first nine months of 2018 were higher compared to the same period...
  • Port of Los Angeles sees record September throughput
    POLA sees strong September, and is on track to handle its second-highest annual number of imported containers on record by...
  • Next year will be busiest yet for LNG investment
    At 850m boe, the average size of an LNG project to hit FID in 2018 is more than double that of...
  • Scorpio will outfit "substantially all" vessels with scrubbers
    Each scrubber is seen costing between $1.5m to $2.2m and the company expects 60-70% of the costs to be financed

news on subscription
The Journal of Commerceweb site
OCTOBER 16, 2018
  • APM Terminals resolves labor dispute, reopens JNPT freight depot
  • Panelists disagree on US protectionism's merits, effectiveness
  • ONE regains trans-Pacific share but still expects $600 million loss
  • US truck pricing stabilizing in more 'normalized' peak season
  • Shippers eye Asia-ECSA joint services for capacity changes
  • China tariffs threaten US resin boom

news on subscription
TradeWindsweb site
OCTOBER 16, 2018
  • AEG orders Jones Act-compliant wind farm newbuild
    Aeolus Energy Group takes the first step in building offshore wind assets.
  • Eagle flying high on performance-based model
    New York-listed bulker owner able to reduce fuel use through analysing 'smart data' on engine performance and other metrics, says chief executive Gary Vogel.
  • V.Group swoops for Norddeutsche Reederei
    Shipmanagement giant expands its foothold in German market with latest M&A move.
  • Flex LNG shares fly as spot market sizzles
    Oslo-listed shipowner sees shares enjoy their best day in over a year, with hot market and major deal offering tail winds.
  • Evergreen takes over Chile's Green Andes
    Vessel agency renamed as Taiwanese line aims to boost South American efficiency.
  • Scorpio Bulkers uses spot strength to bridge first quarter
    Contracts on ultramax and kamsarmax ships signed as mid-sized vessels enjoy best rates in seven years.
  • Carnival charters three vessels to Pacific forum
    Arnold Donald-led cruise major's P&O Cruises Australia will fix two vessels while Princess Cruises charters a third ship to next month's APEC Summit.
  • Ostensjo fixes OSV for 22 months
    DeepOcean will take Edda Fauna until end of 2020.
  • Williams bullish on bulkers amid warning technology will soften shipping rate spikes
    Researcher says balance looks positive for key markets but notes shipowners could become price takers throughout the cycles.
  • POSH banks $2.48m from Kensteel claim
    Singapore OSV owner gets paid after legal row over property sale.
  • Palmer's fugitive nephew heads delayed Titanic II project
    Owner puts Clive Mensink in charge in Europe as $500m cruiseship replica pushed back to 2022.
  • Wallem manages first Japanese-flagged ship
    Manager says NYK car carrier switched register from Panama.
  • BlackRock builds $228m position in Subsea 7
    Fund moves up to third in list of OSV group's shareholders as it passes 5%.
  • Cascading in large-boxship market is starting to spread
    As charter rates fall, a ready supply of low-cost containerships in excess of 5,000 teu is encroaching on services of smaller vessels
  • Capital agrees $200m Chinese leasing deal for VLCC quartet
    Deal for Samsung newbuildings may open path to more Chinese funding for large tankers.
  • SSY plans entry into derivatives for LNG
    Simpson Spence Young (SSY) plans to make a play in LNG derivatives as new products are launched in the coming months. Chairman Mark Richardson says the company is eyeing up the new Sabine Pass LNG contract, which Cheniere Energy and financial markets company CME Group are looking to develop. "... We will be looking at it [new Sabine Pass LNG contract] closely with a view to broking it"
  • Color Line: no flag decision yet
    Owner says government still debating rule change that could allow it to bring in cheaper staff.
  • Uljanik Plovidba tanker arrested over wages
    Australia wants more information on late payment made before Pomer arrived in Gladstone.
  • Pareto places buys on merger candidates Hunter and Okeanis
    Analysts believe the companies will get their newbuildings at the right time, but will they all join one fleet?
  • Gunvor seals $745m green loan
    Trader's new cash linked to eco-performance and needed for Rotterdam and Antwerp refineries.
  • Stena Bulk inks scrubber deal for up to 21 ships
    Tanker and LNG carrier owner picks China's Bluesoul to supply fleet.
  • ONE facing bigger first-half loss as teething troubles surface
    UPDATE: Japanese boxship line adds $272m to six-month deficit forecast after staff struggled with new IT systems; full year loss to be $600m.
  • MPA appoints first ever women chief executive
    Ex-media head honcho and civil servant set to take the reins at Singapore maritime regulator.
  • EMGS puts interim CEO in place
    Seismic vessel owner says Bjorn Lindhom to temporarily replace Christiaan Vermeijden.
  • Bimco: help us catch 'bad bunker' rogues
    US EPA asks shipping body to carry out member survey of contaminated fuel deals.
  • EuroDry refinances four bulkers and has cash to play with
    Aristides Pittas-led owner eyes further acquisitions with extra liquidity from fresh loans.
  • Fatality trims Rio Tinto third quarter iron exports
    But Australian mining giant said it remains on target to meet end of full-year forecasts.
  • Japanese export orders ease back in September
    A lack of deals for larger ships keeps bulker-dominated order haul below 700,000-gt, JSEA figures show.
  • Hoegh FSRU refixed as LNG carrier
    EGAS will compensate for the difference between the original FSRU contract and the new LNG carrier charter.
  • South Korea eyes $707m HMM bond buy
    Government could pump cash into owner by the end of this year.

news on subscription
The Bunker Bulletinweb site
OCTOBER 16, 2018
  • US Republican Senator Graham says would 'sanction the hell out of Saudi Arabia'
  • Novorossiisk fuel oil terminal could switch to handling light products
  • Singapore HSFO supply tightness set to ease in November on higher inflows
  • Russia to curtail oil product exports to Belarus from November: reports
  • Dominion set to receive first LNG tanker at Cove Point export terminal since outage: cFlow
    It would be the first LNG tanker to load at the Maryland facility since a three-week maintenance and inspection outage ended Friday.
  • India crafts alternative crude buying strategy amid Iran vacuum
    "Ensuring supplies from Iran to rein in domestic fuel prices ahead of the general election would be a critical challenge for Prime Minister Narendra Modi," an analyst said.
  • Singapore gasoil cash differential hits year-to-date high, on firm fundamentals
    "Demand has been quite good since September," a trader based in Singapore said.
  • FUTURES: Crude higher on supply concerns ahead of US stocks data
    The latest price rise is due to tensions between the US and Saudi Arabia over the unexplained disappearance of a regime-critical journalist, Commerzbank analysts said
  • TRADER NOTE: Former Mabanaft fuel oil trader Aaron Toh joins Uenergy
    Toh has also held trading roles at Yong Yu Global and BP previously.
  • Scorpio Tankers to fit 90 product tankers with scrubbers ahead of IMO 2020
    These scrubbers would be installed between the Q2 2019 and the Q2 2020.

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