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08 August 2020 The on-line newspaper devoted to the world of transports 23:25 GMT+2

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Sched Netweb site
SEPTEMBER 28, 2018
  • Shippers slam liner companies' fuel surcharges
  • UK freight forwarders up in arms over sulphur surcharge
  • Container lines co-operate to boost Med-US East Coast services
  • AmFELS builds box ships for Matson and LNG-fueled vessels for Pasha
  • Box volume at Rotterdam up 6pc but total throughput dips 2pc
  • Hutchison Ports Pakistan sets new box handling record
  • India's state ports loose out to cheaper private ports on transshipments
  • APAC airlines post 4.2pc rise in cargo traffic in August
  • FTA welcomes UK government's Brexit 'no-deal notice' for aviation
  • Swissport leases 36,000 sq ft cargo warehouse at London Heathrow

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Exim Indiaweb site
SEPTEMBER 27, 2018
  • Bahri celebrates Saudi National Day in Mumbai
  • Lines in strategic cooperation to enhance Mediterranean-US East Coast service
  • More action needed with regard to cyber security in shipping, shows survey
  • Senior appointments at Britannia Maritime Consultants
  • First consignment of non-basmati rice to be shipped to China today
  • Mumbai Port observing Swachhata Hi Seva programme
  • Abu Dhabi Ports showcases KIZAD Logistics City at FIATA World Congress in New Delhi
  • Tariff hike to support domestic manufacturing: FIEO President

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International Transport Journalweb site
SEPTEMBER 28, 2018
  • Debt burden entails risks
  • Aurizon to enhance rail monitoring
  • Arpin picks move coordinator
  • New baby for World Fuel Services
  • Kazakhstan and China plan e-commerce trade
  • Fercam steps up trade fair business
  • Swissport snaps up Apron Stuttgart
  • Final bow for two Swiss logisticians
  • Ukrainian Railways to revamp locomotive fleet
  • Rhenus opens new logistics warehouse in Meerane
  • RWI container handling index marking time
  • Belgians to exit Asia
  • First flying B777 making final touchdown
  • "Curiosity of the Day"
  • Watco expands to Queensland
  • Arkas enlarging West African offering
  • Kerry promotes Kenny
  • Europa goes north

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IHS Maritimeweb site
SEPTEMBER 27, 2018
  • Fairplay to cease publication
  • Fledgling project carrier dship secures more MPP resales
  • Taiwan Navigation unfazed by US-China trade war
  • After decades of pioneering spirit, IM Skaugen overwhelmed by two setbacks
  • IRISL transfers vessels to Chinese ally
  • ECSA challenges NGOs' claim that EU has adequate ship recycling capacity
  • Sanoyas Shipbuilding ends three-year order drought

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The Loadstarweb site
SEPTEMBER 27, 2018
  • Felixstowe box congestion spreads to Southampton, just in time for Xmas rush
  • Cargo-friendly Brescia Airport unveils ambitions to become major Italian hub
  • THE and Ocean alliances team up for Mediterranean-US east coast service
  • Pharma the star performer for Virgin Atlantic Cargo in the first half
  • H&M interim profits hit by blip in supply chain from new logistics system
  • Cheap labour still diverting Indian logistics players from new technology
  • Dachser makes changes at the top as it strengthens Asia network
  • Retire, 'Yoda' is to, while Jansen Stafford takes over at Cathay Pacific cargo

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Marine Logweb site
SEPTEMBER 27, 2018
  • ABS grants AIP to innovative Wärtsilä HY hybrid power module
  • NYK containership gets next generation bridge
  • World Maritime Day: Mercy Ships recognizes role of maritime volunteers
  • VIDEO: High Speed Transfers order second Damen Fast Crew Supplier
  • ABB technologies will help Nobiskrug superyacht meet IMO Tier III
  • Barillec to equip LNG hybrid dredge

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Lloyd's Listweb site
SEPTEMBER 27, 2018
  • US ports continue rapid volume growth
    Greater volume of traffic caused by strong consumer demand and the upcoming holiday season, says ports spokesperson
  • Capital places aframax order with Daehan
    Company signs with South Korean yard for scrubber-equipped vessels for delivery on cusp of 2020 emissions deadline
  • Pacific Basin CEO joins Ardmore board
    Hong Kong-based dry bulk owner joins US-listed chemical and product tanker company's board of directors
  • Lloyd's List Asia Pacific Awards winners revealed
    IMC founder Frank Tsao honoured with a Lifetime Achievement Award in recognition of his extraordinary career and the pivotal role...
  • Engine operation in a low-sulphur environment
    Managing the total cost of operation (TCO) is fundamental to any successful shipping operation. In this article, drawing on Lloyd's...
  • NovaAlgoma and Döhle unveil new MPP and mini-grabber pool
    The joint venture, which is expected to start next month, will comprise 26 vessels, including 13 MPP vessels and 13...
  • IM Skaugen successor facing liquidation
    Third generation owner Morits Skaugen pens bitter letter to shareholders, hitting out at former allies
  • BIMCO fast-tracks sulphur cap compliance clause
    There are still several unknowns to factor into the transition to low-sulphur marine fuels, says BIMCO
  • Owners demand 2050 GHG strategy clarity
    Containership and ferry owners question how the 2008 baseline used in the preliminary strategy can be measured
  • Viewpoint: Costing compliance
    The shipping industry, in its compulsory requirements for environmental compliance, is facing a dramatic across-the-board increase in operational costs
  • Atlantic Basin faces compliant fuel shortages in 2020
    Fearnleys' analyst believes that tanker trade driven by arbitrage could even out regional imbalances in HFO and compliant fuels post-2020
  • Zim and MSC join forces on India-Mediterranean trade
    The vessel-sharing agreement between Zim and Mediterranean Shipping Co will start from the second half of October
  • Owners will face higher P&I costs after soft 2019, Gallagher warns
    With hull cover now rising at Lloyd's, prospects grow for a marine insurance double whammy in the medium term
  • Daily Briefing
    Liberia urges early reporting of 2020-compliant fuel availability | Iran sanctions bypass will have no impact on shipping | Dirty...
  • IMO rules 'fantastic' for LNG demand
    LNG carrier owners are riding on the back of expectations of greater demand for LNG in coming years because of...
  • Qatar reveals plans to boost LNG capacity to 110m tonnes a year
    The new mega plant will produce about 32m tonnes per annum of LNG

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The Journal of Commerceweb site
SEPTEMBER 27, 2018
  • Detention re-enters US truck driver work rules debate
  • Low-sulfur fuel prices won't be clear to BCOs until early to mid-2019
  • Ocean reefer rate increases forecast to keep outpacing dry prices
  • Europe's busiest ports search for answers to barge congestion
  • Fearing no-deal Brexit, Europe shippers add buffer stocks

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TradeWindsweb site
SEPTEMBER 27, 2018
  • Aegean president to leave, Mercuria man joins board
    Aegean Marine's COO Kostas Polydakis will fulfill the remaining duties of departing president Jonathan McIlroy.
  • Mackey confirms Scorpio scrubber programme
    More than 100 vessels to see modifications, but company is acting with "heavy heart," COO maintains.
  • ICBC Leasing wins $17m ruling against Chinese shipowner
  • Higher bunker prices and weak spot market pushes Sea Tank into slump
  • Market picks up as Nord/LB moves to offload MPP fleet
    Interest in German bank's decision to sell loans on 40 ships may signal light at end of the tunnel for smaller multipurpose vessels
  • Singapore 'needs more company headquarters'
  • Shipping banks bemoan lack of clarity on green standards
  • Sohmen-Pao: shipping is brilliant if you don't mind poor returns
  • Grindrod chief unfazed by halving of share price since IPO
    'We've only just listed. We're comfortable where we are,' Wade says
  • FSRU decision is just a bump in the road for Gunvor juggernaut
    Bangladesh gas import project is left in limbo, but trader has plenty more irons in the fire, including a growing interest in owning ships
  • Confidence is a fragile thing in these uncertain times
    Despite slowly improving fundamentals in dry bulk and container sectors, overall confidence in the business outlook remains paper-thin after a decade of setbacks
  • Massive debt and oversupply 'will cripple OSV owners for years'
    The vast majority of Norwegian offshore shipowners are saddled with too much debt, while all of them face a market with too many vessels, Norwegian analyst says
  • Maritime Asset Partners emerges as Teekay financier
    Transaction with New York-listed tanker owner means financier has passed $100m milestone
  • Outgoing IUMI president warns against 'unthinkable' loss scenarios
  • Shippers react as more container lines talk fuel surcharges
    Shippers blast implementation from 2019 and call for wider use of scrubbers
  • MSC fixes bargain rate neopanamax trio
    Bargain basement relet signals hefty loss for rival carrier
  • IRISL containership quartet emerges under Turkish control
    Istanbul Denizcilik said to own and manage Iranian liner company's largest boxships
  • Gastech forum notches up notable firsts in Barcelona
  • First KC-1 LNG newbuilds set to undergo repairs
    Designer, shipyard and charterer start legal action over technical issues found on first vessels fitted with new South Korean-designed containment system
  • Owners bid for EDP's LNG carrier charter
  • H-Energy may enter shipping market for next LNG deal
  • Gail eyes next move as it assesses LNG ship needs
  • MOL and Karpowership set to team up on FSRU for floating power plant
    Would-be partners concoct pioneering plan using converted LNG carrier and existing powership to supply gas to Mozambique
  • As nightmare fades, sector can dare to dream of better times
  • Dragon star helms maiden voyage of model aframax
    Theo Paphitis is building on his shipping credentials with his appointment as chancellor of one of the UK's leading maritime training centres
  • Zissimatos-led Swiss Carriers linked to Maersk tanker
    Shipowner said to have bought Chinese-built vessel in second acquisition since his re-emergence
  • Zodiac Maritime's tanker swoop signs off $690m Toisa fleet sale
    Eyal Ofer-led company buys final six ships from Callimanopulos fleet, closing book on potentially market-moving disposal
  • Price of Marinakis' aframax duo emerges
    Newbuilding order is second deal for Greek shipowner's Capital Maritime this year
  • Faerder shifts suezmax order to Daehan
    Turid Sorensen-led company's Chevron-backed deal is potentially worth $248m, but casts doubt on earlier order
  • Neda and Premuda take cut in LR2 charter rates
  • Opec 2020 vision bodes well for tanker owners
    The oil cartel's medium-term forecast shows a spike in crude trades due to the IMO 2020 rules, boosting tanker owners when scrapping activity is expected to stay strong
  • Marinakis and NYK Line lock new VLCCs into charters
  • Teekay LNG Partners exits suezmax sector with tanker sales
  • Capital VLCC released by South Korean court
    Greek owner threatens significant counterclaim for 'wrongful arrest', while SK Shipping pursues charter dispute in High Court in London
  • Jebsens poised to sell last two owned vessels
  • Sea Gate Navigation buys third Japanese cape in nine months
    Stefanou brothers' firm emerges as second busiest secondhand capesize buyer in Greece this year
  • Carnival beats estimates, but profit estimates slump
    High fuel prices and a strong dollar sink fourth-quarter estimate, dampening share price.
  • Low in sulphur but high in price?
    ASBA speaker says complaint fuel should be in ample supply, but tanker panelists take aim at cost and quality issues.
  • dship Carriers adds two more newbuildings
    German owner will take delivery of MPP Eco Traders in 2019.
  • Ardmore beefs up boardroom with CEO pair
    Pacific Basin's Mats Berglund and Carisbrooke's Helen Tveitan de Jong join the board.
  • Malaviya Twenty fetches $1.1m at auction
    Crew likely to recover unpaid wages after PSV sold in UK.
  • Qingdao Port International gets a new president
  • Scorpio will say 'yes' to scrubbers
    Emanuele Lauro-led group is about to make a major bet on sulphur-compliance technology after some publicly stated misgivings only three months ago.
  • Fourth tanker crewman arrested in Korea
    Probe continues into alleged unauthorised departure of Russian ship.
  • Tanker market will reach balance in 2020, BTIG analyst says
    Euronav the top pick in Greg Lewis' first basket of tanker stocks.
  • SCI mulls investment in $551m FSRU project
    Indian owner could take a piece of MOL and Swan Energy's LNG action.
  • DCC Bulk Transport liquidated in Singapore
    Bulker operating arm of DCC Maritime and Greece's Halkias group being wound up.
  • Zim and MSC strengthen alliance
    Liner duo team up on Mediterranean to Indian sub-continent trade.
  • Sovcomflot IPO put on the back burner
    Privatisation no longer being actively discussed, according to federal assets management agency.
  • VLGC spot rates jump on rising volumes
  • Hunter keeps optional VLCC trio in its sights
    Oslo-listed tanker newcomer gives itself an extra month to decide on DSME newbuildings.
  • PSV rates spike as utilisation peaks
    North Sea numbers averaging their highest level for four years.
  • Pacific Drilling closes $1bn notes issue
    The New York-listed driller moves further away from bankruptcy.
  • Eidesvik stretches Equinor PSV deals
    Norwegian owner keeps supply ships with oil major through to 2020.
  • Uljanik Plovidba wins debt discount on MRs
    Credit Suisse and other lenders agree to refinancing of tankers after months of talks.
  • Qatar to expand LNG production facilities
    Wood Mackenzie: Economies of scale make what is already the most competitive new LNG project worldwide even cheaper
  • Alliances consolidate Med-US East Coast services
    Yang Ming says industry initiative will result in "increased service quality and efficiency".
  • Bumi Armada names new chief financial officer
    Savy ends two year stint as top finance executive at Malaysian FPSO specialist.
  • India winds down Iranian crude imports
    Indian refiners have not placed orders for Iranian crude for November as US sanctions loom.
  • Knutsen Offshore to charter two suezmaxes
    Norwegian tanker owner will order two ships for the deal with Equinor.

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The Bunker Bulletinweb site
SEPTEMBER 27, 2018
  • Products settle at four-week highs amid strong demand
    A robust demand outlook and a bullish decline refinery utilization supported products futures, which settled at four-week highs on Thursday
  • ARA fuel oil stocks build 21% on week, but tight October expected
    Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub rose 21% to 1.372 million mt in the seven days to Wednesday, but the backwardation on the 3.5% sulfur fuel oil FOB Rotterdam barge curve remains pronounced
  • ARA diesel, gasoil stocks rise to 6-month high on difficult barge transport
    Diesel and gasoil inventories in the Amsterdam-Rotterdam-Antwerp trading hub increased 0.8% on the week to 2.911 million mt in the week ended September 26
  • Interview: Pemex's CEO expects FID for four new fields in 2019
    Mexico's state oil company Pemex expects to make a final investment decision (FID) and begin development of its Ixachi, Pokche, Xikin, and Suuk discoveries in 2019
  • Ecuador's Napo July crude exports fall 25% on month; Oriente up 17%
    Exports of Ecuadorean heavy-sour Napo crude fell 25% in July to around 4 million barrels, down from 5.4 million barrels in June
  • Iran sanctions could spur oil to $100/b: Standard Chartered's Horsnell
    Sanctions against Iran could contribute to a "nasty gap" in the market at year-end, with oil prices potentially reaching $100/b
  • TRADER NOTE: Bunker supplier Aegean appoints new CEO
    McIlroy will be replaced by Kostas Polydakis, previously the company's chief operating officer.
  • Tanker owner Union Maritime orders scrubbers for up to 16 vessels
    Union Maritime has ordered scrubbers for up to 16 of its vessels
  • Gibraltar bunker operations in Aug at lowest since March: Port Authority
    The number of bunkering operations at the Mediterranean hub of Gibraltar fell to 463 in August, the lowest since March and down from 504 in July
  • FUTURES: Crude shrugs off US stockbuild, rising on supply concerns
  • TRADER NOTE: Trefoil Trading bunker trader leaves, new operator joins
  • External: Marine Bunkering(Rotterdam)B.V.

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