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01 April 2020 The on-line newspaper devoted to the world of transports 12:10 GMT+2

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Sched Netweb site
APRIL 19, 2018
  • Long Beach box growth tops, LA still bigger, but gap closes
  • Cosco Shipping Ports quarterly volume up 15pc to 22.7 million TEU
  • Container shipping faces mixed outlook: AlixPartners report
  • US surface shippers return to 3PLs in face of truck shortage
  • Port of Virginia throughput up 8.7pc in March, ending weak start to year
  • Seaspan Shipyards opens in Vancouver as part of government initiative
  • Port of Osaka hails Wan Hai's maiden voyage of its multi-call Japan-Singapore loop
  • Russian-led bank: China-EU intermodal to grow 71.7pc within 2 years
  • Mumbai's JNPT annual throughput tops a record 4.8 million TEU
  • Portuguese-flagged 1,284-TEUer collides with pier near Paris
  • Air France seeks to end to strikes as negotiating strategy
  • Trump to probe US Mail finances as Amazon, eBay pay too little
  • Arrangements for UK air carriers post Brexit probed by CBI report

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Exim Indiaweb site
APRIL 18, 2018
  • CMA CGM reaffirms commitment towards protecting the environment
  • Piracy records increase around West Africa in 2018
  • APM Terminals launches integrated cold chain solutions
  • Container volumes facilitate best quarter ever for Antwerp port
  • Neeraj Bansal felicitated by Rotary Club of Bombay Central for contribution towards 'ease of doing business' initiatives
  • NSIGT docks vessel with highest draught at JN Port
  • Nitin Gadkari sets award & construction targets for Road Ministry
  • Six more states to roll out intra-state e-Way Bill from April 20
  • Topline to flatline this fiscal for CFSs, says analysis
  • Defence equipment export target fixed at INR 35,000 cr. by 2025: Minister

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International Transport Journalweb site
APRIL 19, 2018
  • Gold on the runway
  • Germany: billions more from HGV tolls
  • Enhancing safety, efficiency and service
  • Go "see through" with Pamyra
  • Air Partner discovers financial leak
  • Turkish Cargo increases February volumes by 38%
  • First electric only MHC from Liebherr
  • TIR goes live in Pakistan
  • Third urban logistics area in Paris
  • Head for ECU Worldwide key region
  • APL extends CP1 service
  • Air Asia X ends Iran service
  • Launch of first private cross-border rail service
  • China opening market to Airbus and Boeing
  • New branch in Los Angeles
  • Newly minted CEO for Saudia Cargo
  • New breakbulk terminal for port of Nanaimo

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IHS Maritimeweb site
APRIL 18, 2018
  • Ports urged to take greater role in reducing shipping emissions
  • Cargo growth drives up BLG profits
  • Seadrill to exit Chapter 11 in two to three months
  • Hyundai Mipo Dockyard seeks voluntary retirements
  • South Korean shipowners invited to apply for newbuilding funding
  • Butane leak from VLGC, tanker collision in Singapore waters
  • Grand China Logistics-linked company sells off fleet
  • VLCC scrap sales slow as prices soften
  • Hull underwriters warn of changing priorities for salvage

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The Loadstarweb site
APRIL 18, 2018
  • Russia agrees to extend rights of US carriers to use its airspace
  • Top-heavy growth in container tonnage sparks overcapacity concerns
  • Dachser reports record revenues, with global forwarding the star performer
  • New CSX chief upbeat after a positive first quarter with the US railroad
  • APM Terminals opens state-of-the-art South India cool chain facility
  • Michael Odenwald new chairman of the board at Deutsche Bahn
  • FedEx president and CEO Michael Ducker to retire in August
  • Port of Antwerp hails its "best-ever" quarter
  • Amazon in talks with airline Azul for shipping to Brazil
  • Kerry Logistics names new MD freight forwarding and global air executive director

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Marine Logweb site
APRIL 18, 2018
  • Ports of LA and Long Beach offer emissions reduction funding
  • Christening marks another world first for Desgagnés
  • Next gen LNG carrier named in Nagasaki
  • ABS reports continued solid performance
  • With 2020 sulfur cap nearing, ExxonMobil to roll-out compliant fuels
  • Electric-powered boats help clean-up Chinese waterway
  • Damen delivers third Shoalbuster to Kasmortransflot
  • Scrubbers: the "sensible option" for sulfur cap compliance
  • Seadrill set to exit Chapter 11 bankruptcy

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Lloyd's Listweb site
APRIL 18, 2018
  • Capesize rates rebound 44% on week as disruptions are resolved
    Temporary disruptions that hampered exports in March should all be resolved in the coming month, leading to higher exports at...
  • Dynagas LNG slashes dividend, stock promptly drops
    Gas carriers owner cuts dividend to focus on growth projects
  • Ports have role to play in decarbonising shipping
    The Organisation for Economic Co-operation and Development's International Transport Forum suggests that vessel port fees should be directly linked to...
  • Flex LNG charters 2018-built tanker to Enel for one year
    The Oslo-listed owner is understood to have fixed at a high price of $80,000 per day, says Fearnley Securities
  • Mehrotra unveils six-VLCC masterplan
    Industry veteran bets on narrow spread between secondhand price of old tonnage and scrapped value in a short-term asset play
  • Graham Porter drives new ship finance vehicle to meet needs of smaller owners
    Former Seaspan directors Graham Porter and Gerry Wang are working together again on a number of new business ventures
  • Sinokor acquires 30 feederships in wake of Vroon shake-up
    Erstwhile Bremer Landesbank recovery vessels heading East, after Dutch operator goes into restructuring, while European bargain hunters miss out
  • China's coal ban may add to pressure on panamax rates
    Panamax rates might be under strain over the next a few weeks, but could rebound with port congestion and foreign...
  • Scrappage slowdown threatens fragile boxship charter market
    If scrapping fails to pick up in the remainder of 2018, a supply glut could be on the cards
  • Cracking the glass ceiling and falling through the cracks
    There should be stricter policies to tackle harassment issues on board, says Captain Radhika Menon
  • From propellers to propulsion: a shipbuilding engineer is born
    Engineer is now turning her attention to optimising port-to-port connectivity
  • Crew member missing after fire in offshore vessel off east Malaysia
    Search and rescue efforts are being conducted while the vessel is being monitored
  • China's demand for steel forecast to fall by 2% next year
    Despite the forecast China contraction, global steel demand is expected to reach 1.62bn tonnes in 2018

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The Journal of Commerceweb site
APRIL 18, 2018
  • US Southeast ports expand intermodal rail reach
  • US Gulf ports analysts see substantial volume growth, absent trade war
  • Dedicated contract services, higher rates drive J.B. Hunt
  • Rotterdam barge congestion still causing up to 72-hour delays
  • Maersk extends India cold chain network, adds Chennai facility
  • US Gulf ports poised for Latin America trade rebound
  • After sharpest European growth, Barcelona port set for strong year

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TradeWindsweb site
APRIL 18, 2018
  • Norwegian Cruise Line set to rebuy shares
    Miami-based cruise major's board okays $1bn share repurchase programme.
  • Dynagas LNG payout cut to save capital
    Cost of equity was seen as too high at older dividend payout, but analyst says company's path is 'murky.'
  • Awilco set to add to containership tally
    Market newcomer is in the process of securing $11.5m acquisition.
  • Capesize rates given a boost from Brazil
    Market jumps almost 20% as Brazilian miners look to bolster exports.
  • Brokers fix attention on Scorpio Tankers medium range pair
    Vessels being sold by Clarksons and Fearnley being linked to Singaporean owner.
  • MSC to comply with latest US sanctions list
    Geneva-based containership owner will be part of the growing list of shipping firms disavowing oligarch businesses.
  • Sinokor linked to fleet of 30 Vroon feeder boxships
    Deal touted as part of Nord/LB's ongoing efforts to reduce its shipping portfolio
  • Boxship scrapping could sink to lowest since 2011
    Alphaliner cuts estimates for 2018 after slow start to the year for containership demolition.
  • Diana Shipping confirms Cargill deals
    US-listed boxship owner enters into new time-charter contract with Cargill International while extending charter on capesize with Swiss commodities giant.
  • Is Hunter set to make a killing on VLCC project?
    Tanker venture makes sense on value but emissions laws add extra dimension, Clarksons Platou Securities says.
  • Genting prepares to exit NCL
    Hong Kong cruiseship group seeks to sell remaining stock worth $168m.
  • SD tipped as prime takeover target
    Clarksons Platou thinks well-placed PSV owner could do a deal - at a premium.
  • Sohmen-Pao opts for careful approach to digital age
    BW Group chairman Andreas Sohmen-Pao says a well-thought out approach, first focusing on performance management, is his company's way forward in the digital age.
  • Grindrod sells bunker tanker division
    Empowerment group WOESA buys South African owner's three-ship fleet.
  • StealthGas chief talks dividend, buybacks and scrubbers
    Harry Vafias surveys the scene after Nasdaq-listed owner closes major newbuilding project.
  • Car carrier crunches tug in South Africa
    Probe launched after Hoegh Autoliners-chartered ship hits berthed vessel in Durban.
  • Japanese traders ask Rusal to halt shipments
    US sanctions against Russian producer prompts action from buyers.
  • Concordia tankers to gather microplastics data
    Swedish marine institute to fit device on ships to assess impact on wildlife.
  • JP Morgan lowers capesize recovery expectations
    Bank cuts forecasts for 2018 and 2019 with higher figure penciled in for 2020.
  • Samsung pushes back drillship delivery
    Korean yard agrees to 15-month delay, but adds $25m to price.
  • Chinese owner lines up supramax quartet
    Four ships expected to be sold almost a year after being taken over from Marenave.
  • ONE considers order for six ULCs
    Japanese boxship giant considering deal for 20,000-teu vessels.
  • Court confirms Seadrill's $9bn restructuring
    Fredriksen drillship company expected to emerge from Chapter 11 within three months.
  • Flex LNG fixes newbuilding to Enel
    John Fredriksen company secures up to two years of work for second LNG carrier.
  • NextDecade expands global footprint into Asia
    Texas firm also names Shell LNG veteran James MacTaggart as head of regional marketing.
  • Platts to launch Oz-Japan panamax implied freight rate
    Agency proposes using Hay Point, Australia, to Qingdao, China TCE assessment as basis for new route.
  • China LNG boom to continue for owners
    Gap between shall gas output and energy demands will have to be filled by imports, says analyst.
  • Rio Tinto post higher ore and bauxite shipments
    Productivity improvements and fewer weather disruptions help Aussie mining giant shift more cargo

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American Shipperweb site
APRIL 18, 2018
  • House committee clears export control bill
    The House Foreign Affairs Committee on Tuesday cleared legislation that would statutorily authorize the Commerce and State departments to c...
  • Countdown on for warehouse drone launch
    The supply chain company Geodis and Delta Drone said their small drones will be operational in warehouses by the end of the year. Geodis a...
  • Spaceport of Los Angeles?
    SpaceX plans to build the Big Falcon Rocket that it eventually wants to use to send spacecraft to Mars at a former shipyard in the Port of ...
  • CSX reports nearly double net earnings
    CSX posted record first quarter 2018 net earnings of $695 million, up from $362 million for the first quarter of 2017, the company reported...
  • Ag secretary slams 'ludicrous' sorghum duty
    The U.S. government, along with the nation's sorghum producers, are questioning the basis for China's decision to impose a 178.6 percent an...
  • Executive Moves: Premium Transportation Logistics and Wolfe Research
    Toledo, Ohio-based Magnate Worldwide has appointed Jeff Curry president of Premium Transportation Logistics , the company's ground expedit...
  • EU builds case against metals tariffs
    The EU on Monday requested safeguard consultations at the World Trade Organization with the United States over its Section 232 global tarif...
  • J.B. Hunt misses on Q1 earnings
    J.B. Hunt Transport Services Inc. grew its net earnings 15 percent year-over-year in the first quarter of 2018 to $118.1 million, according...
  • XPO expands North American headcount
    XPO Logistics added about 5,000 jobs to its North American supply chain network during the first quarter of the year, a company spokesperso...

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The Bunker Bulletinweb site
APRIL 18, 2018
  • EIA weekly data shows across-the-board stock draws
    US crude stocks saw a surprise draw last week, while gasoline and distillate inventories both fell by more than was anticipated, data from the Energy Information Administration showed Wednesday.
  • White House aims for Pompeo confirmation as secretary of state next week
    The White House is pushing the Senate to confirm CIA Director Mike Pompeo as secretary of state next week and is prepared to support the nomination even if the Senate Foreign Relations Committee does not vote to recommend him, according to two key advisers.
  • Oil surges after EIA data shows unexpected crude draw
    The oil complex rallied Wednesday lifting crude futures to three-year highs after weekly US inventory data showed a surprise decline in crude stocks and larger-than-expected draws in gasoline and distillates. NYMEX May crude settled $1.95 higher at $68.47/b.
  • External: Praxis Energy Agents S.A
  • Shell plans to make 0.5% sulfur bunkers announcement in 'around October'
    Global oil producer Shell plans to announce this autumn around October its new 0.5% sulfur bunker fuels for shipowners to use after sulfur limits are tightened in 2020, a company representative told S&P Global Platts Wednesday.
  • Carriage ban on non-compliant HSFO bunker fuel remains on track: IBIA
    There is also more clarity on the amended text for Regulation 14.
  • BP reveals specifications for two possible 0.5% sulfur bunker blends
    Little information has so far emerged about refiners' plans for 0.5% sulfur marine fuels in 2020, despite growing concerns about their compatibility and stability.
  • External: Marine Bunkering(Rotterdam)B.V.
  • Lukoil plans to produce up to 480,000 mt/year of 0.5% sulfur bunker fuel
    The company's figures for its production plans are "very rough" and subject to change as Lukoil learns more about its Russian competitors' plans.

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