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30 March 2020 The on-line newspaper devoted to the world of transports 11:58 GMT+2

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Sched Netweb site
APRIL 23, 2018
  • Asia-EU rate off 0.2pc to US$584/TEU - Asia/USWC flat at $1,152/ FEU
  • CMA CGM to take a quarter of CEVA to boost logistics role
  • Halifax comes back with return of 10,000 TEU ships to the east coast
  • March volumes at Seattle and Tacoma falls 9.6pc to 302,516 TEU
  • Low sulphur fuel rule may have non-compliant fined or banned
  • Panalpina profit up 33.8pc to US$12.7 million, revenue rises 11pc
  • HIT collaborates with vocational school to nurture young talent
  • Drewry: 2018 southern Africa stands to beat 2013 box record
  • Persian Gulf risks having too many container terminals: Ti
  • Bangladeshi double tracking to double intermodal volume in 2 years
  • DHL moves to bigger warehouse in Ontario, California
  • US pilots blast FAA for even considering single pilot cargo planes
  • DoKaSch provides temp-contro for Etihad pharma shipments
  • Saudia Cargo names Omar Hariri its new chief executive

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Exim Indiaweb site
APRIL 22, 2018
  • CMA CGM to acquire stake in CEVA
  • IACS Chairman pinpoints three key themes of the Association's strategy for the future
  • KCHAA elects office-bearers & Managing Committee members for 2018-20
  • Shipping Professional Network Mumbai holds 25th event
  • Transworld Group sets up Avana Logistek
  • Adani Ports surpasses 0.5-m TEU mark at Hazira in 2017-18
  • Interasia vessel makes maiden CI3 service call at Chennai International Terminals
  • Krishnapatnam Port clocks record growth of over 25 pc in total cargo handling in FY18
  • ONE vessel makes maiden call at Adani Kattupalli Port
  • Agility launches new online forwarding platform Shipa Freight
  • FIEO & Cogoport ink MoU to technologically empower exporters in cargo management

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International Transport Journalweb site
APRIL 23, 2018
  • And after the better year?
  • Europe sees clear shift towards e-mobility
  • Fraport developing warehouse for Swissport
  • Orange support for cycle race
  • New warehouse in Sofia
  • Port of Los Angeles emphasises stakeholder engagement
  • MOL transports canned bread for charity
  • Agility launches new platform
  • IAG Cargo celebrates 1,000th HK flight with Qatar Cargo
  • From Amazon to LGI
  • Grimaldi names second of three new PCTCs
  • More boxcars to transport forest products and metals
  • CMA CGM buys cornerstone stake in Ceva
  • Royal Mail Group under new guidance
  • Fedex connects Guangzhou and Memphis
  • Baltic railways push intermodal carriage
  • ECSA on Japan-EU trade agreement

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IHS Maritimeweb site
APRIL 20, 2018
  • Pakistan reportedly resuming tanker demolitions
  • Korea Eximbank pledges more than USD750 million in shipping loans
  • CMA CGM to buy 25% of global logistics operator CEVA
  • Sungdong begins receivership process
  • SembMarine announces addition to board
  • Keppel O&M remains in the red but sees recovery on the horizon
  • Singapore marine sector roars ahead amid a sea of change
  • Daiichi Chuo Kisen Kaisha in first reorganisation since bailout
  • Versatility, not size, is key for dredgers

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The Loadstarweb site
APRIL 20, 2018
  • CMA CGM's swoop to take nearly 25% of CEVA is 'a banker's dream'
  • Container spot rates hold steady, but carrier hopes price rises will stick are fading
  • Stakeholders put their heads together to solve port of Antwerp barge congestion
  • Air Canada Cargo seeks to get closer to key clients, using the personal touch
  • Flexport has ambitions to become a top-10 forwarder
  • Following shareholder concerns, Atlas Air board will become 30% female

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Marine Logweb site
APRIL 20, 2018
  • Star Bulk Carriers in 16 vessel swoop
  • Gladding-Hearn starts construction of second cat for Rhode Island
  • Hurtigruten set to convert up to nine existing ships to LNG hybrid
  • Chairman calls for IACS to be a "beacon of light"
  • Cavotec books more orders for e-ferry unmanned mooring systems

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Lloyd's Listweb site
APRIL 20, 2018
  • Maersk spoiled tuna fish case clarifies Hague-Visby Rules
    'Unit' defined as item of cargo rather than boxload, Court of Appeal maintains, in landmark legal case governing carriage of...
  • Star Bulk agrees deal for 16 modern bulkers
    Greece-based owner in all-share deal to buy 16 bulkers from Augustea and York Capital
  • Owners warn Chinese leasing firms: We don't want fairweather friends
    Chinese leasing houses are being warned that shipowners need backers who can handle good times and bad at the Capital...
  • Singapore Maritime Week looks to the future of shipping
    More effort may be needed to attract shipping companies to list in the city state and to keep its market...
  • Gerry Wang sets sights on clean energy logistics
    First step is to build up a network, complete all the feasibility studies, and then team up with a big...
  • Europe leaves door open for further consolidation
    Box line concentration only apparent on certain trades, commission says
  • Customers complain of ONE launch chaos
    Forwarders and NVOCCs struggling to find people to talk to over problems at ONE
  • British ports press government for border money post-Brexit
    Ports lobby group warns that government cannot settle for just hiring extra border control staff
  • IEA warns of 'disruption' due to 2020 low-sulphur shipping rule
    IEA head of oil industry worried about a spike in marine fuels in 2020 given little interest in scrubbers
  • MPC Container Ships to get full Oslo Børs listing from next month
    Münchmeyer Petersen set for move up to main board, with anchor investor CSI offloading small fraction of its stake
  • Between the Lines: The winners are...
    Operating results are improving, but scale is proving to be an important factor in profitability
  • Academics share Onassis prize for shipping
    Work in the fields of port economics, and the risks of terrorism in shipping, were recognised this year
  • CMA CGM to take 25% stake in CEVA Logistics
    The deal is conditional on the successful listing of CEVA on the SIX Swiss Exchange
  • Chinese firms invest $1bn in Abu Dhabi Ports
    Three new Chinese firms will also inject a further $47m into the Khalifa Free Trade Zone
  • Keppel believes offshore and marine recovery will take time
    Keppel is using the downturn to streamline operations, build new capabilities and capture new markets

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The Journal of Commerceweb site
APRIL 20, 2018
  • Gulftainer expansion plan for Wilmington port advances
  • CP strike postponed, ratification vote to determine if strike occurs
  • China expands ban on US waste exports
  • Prince Rupert adds Yang Ming for third alliance service
  • Asia-US annual contract talks lag amid inland pressures
  • CMA CGM grows inland footprint with 25 percent stake in CEVA

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TradeWindsweb site
APRIL 20, 2018
  • Seaspan sees another executive depart
    Departure of general counsel and chief operating officer comes after CFO's steps down.
  • Bourbon gets one-year delay on bond payment
    French offshore vessel owner's next interest payment of EUR 3.9m ($4.8m) has been deferred by one year as it faces debt of over EUR 1bn.
  • Carnival promotes several executives
    Miami-based cruise major advances a host of employees amid retirements.
  • Crowley closes deal on three tankers
    US tanker owner will charter vessels back to SeaRiver Maritime "as a logical extension of our existing petroleum transportation business," the company said.
  • Diana Shipping fixes panamax at better rate
    New York-listed bulker owner lets out second panamax to the Swiss commodity company in past several weeks.
  • Korea Eximbank pledges $753m for shipping in 2018
    State lender to pump more cash into sector in the form of loans and guarantees.
  • Kreuz Subsea forms Brunei joint venture
    Singapore OSV owner sending Kreuz Challenger to work with SPHI Marine.
  • Star Bulk Carriers swoops for stable of 16 ships
    Star Bulk Carriers has swept up a mixed fleet of 16 dry cargo vessels in an all shares deal. The ships range from ultramax to newcastlemaxes and have been purchased from Augustea Atlantica and York Capital Management. Augustea chief executive Raffaele Zagari will join the Star Bulk board as part of the deal. Petros Pappas, chief executive of Star Bulk, said the company has bought a high quality
  • China CSSC sees earnings slip
    State shipbuilder hit by lower revenue in 2017.
  • Arctic Securities warms to tankers with new buy ratings on major owners
    Opec action likely to turn the tables for tankers in next six to nine months, analysts say.
  • CMA CGM splashes up to $460m on CEVA stake
    Bonds drop after deal to take stake in logistics company revealed.
  • Deutsche Bank raises Seaspan to buy
    Analyst likes the look of rising rates and the GCI fleet acquisition.
  • Tonic for tanker owners as Pakistan market re-opens
    Pre-Ramadan rush of tanker scrapping could be in store after final signatures see demolition resume in Pakistan.
  • Canadian, US professors share Onassis Prize in Shipping
    Work on ports, piracy and terrorism land $200,000 payouts for academics.
  • Affinity profit inches up despite dip in revenue
    Richard Fulford-Smith-fronted brokerage reveals profitable 2017 with slightly higher bonus payments.
  • Damaged Bibby bulker heads for scrap
    Cheshire making final journey to Turkey after cargo overheating incident off Canaries last year.
  • Korean court starts Sungdong receivership
    Deloitte Anjin will carry out due diligence on restructuring yard.
  • JP Morgan 'more constructive' on crude tanker recovery
    Analyst Noah Parquette raises estimates for VLCCs in 2019 and 2020 and upgrades Navios MLP.
  • New Bibby Line CEO to 'lead next phase of growth'
    UK shipowner brings in ex-ITV man John Cresswell to replace Sir Michael Bibby.
  • EMAS Offshore avoids Oslo delisting
    Restructuring Singapore OSV player reprieved in Norway.
  • Turkey auctioning off cargoship
    Veteran vessel to be sold after being stuck in Samsun for two years.
  • Keppel Corp eyes smart rigs and smart yards
    Singapore yard group looks to digitalisation, AI and robotics to give it competitive edge.
  • Panama Canal handles three LNGCs in a day
    GasLog and Dynagas ships make landmark transit as waterway looks to address 'bottleneck' issues.
  • Indian Oil Corp seals deal for Dhamra LNG terminal
    State-owned oil company has signed a 20-year deal with facility set to come on line in 2021.

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American Shipperweb site
APRIL 20, 2018
  • Executive Moves: Jacksonville Port Authority and Roadrunner Transportation Systems
    The Jacksonville Port Authority has named Beth McCague interim chief financial officer, effective May 7. She has served as an adviser to th...
  • Bourque Logistics expands to Jacksonville
    Bourque Logistics, a provider of logistics and information technology services to rail shippers and short lines, has opened a new office in...
  • FTR: Tight truck market 'best ever' for operators
    An extremely tight North American trucking market in early 2018 has created the "best ever" environment for operators, according to freight...
  • Bank loaning Korean shipping industry $753 million
    The Export-Import Bank of Korea on Friday promised 800 billion won ($753 million) in loans and guarantees to the Korean shipping industry, ...
  • Perdue hopeful for tariff reduction talks with China
    Agriculture Secretary Sonny Perdue during a House hearing Wednesday expressed his hopes that the Trump administration and the Chinese gover...
  • TRAC links up with blockchain group
    Intermodal equipment provider and chassis pool operator TRAC Intermodal has joined the Blockchain in Transportation Alliance (BiTA), the co...
  • CMA CGM acquires stake in CEVA
    CMA CGM announced Friday that it has struck an agreement with CEVA Logistics AG to acquire a nearly 25 percent equity stake in the global l...
  • China extending ban on solid waste imports
    China's Ministry of Ecology and Environment announced Thursday that China will ban imports of 32 types of solid waste in its latest move to...
  • Port of Le Havre floats 'ambitious' capex plan
    HAROPA, which manages the French ports of Le Havre, Rouen and Paris, is considering an aggressive expansion plan at Le Havre in the wake of...

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The Bunker Bulletinweb site
APRIL 20, 2018
  • Trump accuses OPEC of 'artificially' boosting oil prices
    Top OPEC nations and Russia rejected accusations Friday by US President Donald Trump in a tweet that they were fixing prices.
  • Trump seen as getting ahead of 'blame game' for rising oil price
    Despite President Donald Trump's threat Friday that the US will not accept "artificially very high" oil prices, Washington is not expected to take any real action against OPEC or its budding long-term pact with Russia, analysts said Friday.
  • Crude pares declines amid spat between Trump, OPEC
    Crude futures were little changed Friday afternoon, but above session lows, as traders digested a war of words between President Donald Trump and OPEC over oil market conditions.
    Surplus crude oil stocks over the five-year average fell to 12 million barrels as of April 1.
  • Current level of oil market investment not adequate: Saudi Arabia's Falih
    Consensus emerging that the current production cut needs to be extended beyond 2018.
  • Dubai crude breaches $70/b for first time since 2014 on global rally, summer demand
    "Geopolitical risks are keeping prices supported at the moment," Vishnu Varathan, head of economics and strategy at Mizuho Bank,said.

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