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31 March 2020 The on-line newspaper devoted to the world of transports 16:05 GMT+2

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Sched Netweb site
AUGUST 29, 2018
  • CSP H1 net profit up 70pc excluding one-offs, revenues soar 80pc to US$495m
  • Cosco receives China-built 20,000 TEU box ship to serve Asia-Europe trade
  • OOCL cancels more sailings to meet slowdown after Chinese National Day
  • Britain and China pave way for post-Brexit free trade agreement talks
  • NYK joins Toyokoh to use laser to reduce steel corrosion on ships
  • New automated gate at JNPT looks set to drive up productivity
  • K+N forms JV with Sincero to expand automotive logistics business in China
  • ASL Airlines inaugurates first freighter flight to Europe from Urumqi
  • DHL Express obtains its 300th TAPA security certification
  • Dachser USA sets up new office in Detroit to target US automotive

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Exim Indiaweb site
AUGUST 28, 2018
  • Chennai Port all set to berth VLCC
  • First-ever Roll-On operation executed at Adani Hazira Port by Total Movements
  • VOC Port extends free storage period for movement of laden ex-im containers by rail
  • CONCOR commences container operations at Sukhpur PFT
  • Free trade zones unintentionally fostering growth in counterfeit goods trafficking, says report
  • MoU signed for Indore-Manmad new railway line project
  • Pandit Arvind Parikh & K. M. Sheth to grace MALA 2018

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International Transport Journalweb site
AUGUST 29, 2018
  • Exhaust emission control systems for China
  • Celebrating 40th anniversary of Propeller Club Basel
  • Hermes joins Seko network
  • Delta Cargo introduces self-service kiosks
  • 50 cheers for Evergreen
  • Russian rolling stock for South America
  • Drewry's assessment of global container throughput positive
  • New HGVs for more independence
  • US class I railroad to increase port service
  • New president is Born
  • Swedish Club on weak footing in H1/2018
  • Once more "encouraging" FTK growth in Asia
  • «Curiosity of the day»
  • GDP certificate for Panalpina in Bogota
  • From China to Russia the intermodal way
  • Cosco Shipping Ports in good shape
  • Ceva Logistics empowered by Dell veteran
  • Kochi airport reopening today

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IHS Maritimeweb site
AUGUST 28, 2018
  • How cash strategies of tanker and bulker owners diverged
  • Ore Italia, one of Vale's former Valemaxes, IMO 9572331
  • Hong Kong container terminals must collaborate to protect its leading port hub's status
  • Stable macroeconomic environment and higher freight rates boost Ningbo Marine profit
  • Slow steaming not necessarily a sulphur cap saviour
  • China eyes more Iraqi crude
  • Chemical tanker Pantelena was hijacked, captain says
  • Baltic Exchange relationship with panellist brokers under strain
  • Artist's impression of the transhipment project

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The Loadstarweb site
AUGUST 28, 2018
  • Now OOCL switches services to Southampton, as Felixstowe delays drag on
  • DP World's 'one-stop shop' ambition via purchase of Unifeeder is 'a risky strategy'
  • Cabotage relief boosts transhipment in India, but boxes are empty, claim critics
  • Mark Rollinson to take over as Dachser UK MD as Nick Lowe steps down
  • US-China trade war may kill WTO - a good thing?
  • Dover still unprepared for a no-deal Brexit

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Marine Logweb site
AUGUST 28, 2018
  • West of England P&I Club warns of spreading fuel contamination
  • Dometic partners with Habitat for Humanity
  • Speedcast to acquire Globecomm
  • Rolls-Royce nets equipment order for fish farm, wellboat
  • Dellner to introduce new braking system at SMM 2018
  • DNV GL launches new Shore Monitoring module for Navigator Port
  • Gibdock completes BWTS refit on German bulk carrier

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Lloyd's Listweb site
AUGUST 28, 2018
  • Voters will miss flavourless tomatoes if Brexit obstructs UK ports
    With just seven months to go before Brexit day, it beggars belief that ports still have not been told what...
  • Leaked audit lifts lid on ship lending at NordLB
    Two-thirds of $14bn book revealed as non-performing, with credit documentation based on 'extremely weak data', loans go unmonitored and annual...
  • Pioneer Marine is optimistic after posting profit
    Fleet size rises to 19 vessels as company makes a $1.1m profit after a $1.9m loss a year earlier
  • British marine tech venture eyes government cash pot
    Partners to tap Industrial Strategy Challenge Fund, which has funnelled £1.7bn into high-tech British industry to date, including 'Boaty McBoatface'...
  • Navios Holdings appoints new chief operating officer
    Mr Bryan will begin work in February 2019
  • Alarm raised over fuel contamination cases
    Efforts to contain issue should be commended but is it enough to thwart dumping of off-specification material into the marine...
  • Grangemouth takes delivery of third crane
    Multi-million dollar box crane is part of a major investment programme to increase handling capacity and service for customers
  • Avance Gas's losses deepen but hope springs from US exports
    LPG tanker owner consider using scrubbers or LPG as bunker fuel to meet the IMO 2020 marine fuel rules
  • Keystone Law hires maritime specialist Philippe Ruttley
    Leading maritime competition lawyer moves on from Ince & Co
  • Gunvor halts Rotterdam low-sulphur refinery project
    The company attributes the decision to price environment and other economic factors
  • Transpacific peak season may be short-lived
    Hopes that a peak-season boost may help container lines turn a profit this year may be overly optimistic
  • Dynagas secures charter extension from Yamal LNG
    The vessel was delivered to the project after a five-year special survey and drydocking in Singapore
  • Fincantieri extends co-operation with China
    Fincantieri chief executive Giuseppe Bono says the MoU is a further recognition of the company's decision to access the market...
  • Flex LNG bets on fleet growth as losses persist
    New chief executive Øystein M Kalleklev is confident the four newbuilds on order will help Flex's predicament
  • Daily Briefing
    Shell to gain full control of India's Hazira LNG terminal | Oldendorff signs 25-year transhipment project with Vietnam | China's...
  • Oldendorff signs 25-year transhipment project with Vietnam
    Coal will mainly be transported to the northern Vietnamese province from the Indonesian ports of Balikpapan, Samarinda, Adang Bay, Muara...
  • Shell to gain full control of India's Hazira LNG terminal
    On top of the terminal deal, Total will sell 500,000 tonnes of LNG per year to Shell over the next five...
  • Noble restructuring approved by shareholders
    Noble chairman Paul Brough says it is critical for the company to complete the restructuring as soon as possible

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The Journal of Commerceweb site
AUGUST 28, 2018
  • Stalled BNSF's LA-LB port facility gets push forward
  • Mexico truck shippers brace for rule-driven capacity tightening
  • CMI Energy's megaload generator delivery a logistics feat
  • Technology offers container lines path to reclaim value offering
  • More Indian ports cutting dwell times via efficiency programs
  • More Hong Kong terminal collaboration urged to boost competitiveness

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TradeWindsweb site
AUGUST 28, 2018
  • Jaxport records highest volume for July
    Florida-based port says its Asian container volumes continue to 'show significant growth'.
  • NIT sets up branch in Germany
    Finnish shipbuilding company opens NIT Naval Interior Teams outlet in Wismar to support local projects, sales and service.
  • Chembulk expands board with industry veterans
    Leaders with Genco Shipping & Trading and Maersk join US owner's board of directors.
  • Qatar to deepen Iranian shipping links
    Iran's ports agency says mutual trade will increase after Arab blockade.
  • Gunvor halts low-sulphur refinery upgrade
    Market conditions blamed for decision to ice Rotterdam work.
  • Croatian yard workers take strike to capital
    Buses loaded with Uljanik employees descend on Zagreb.
  • Aspo targets share sale to fund fleet deal
    Bulker owner ESL's parent says takeover of AtoB@C will need directed issue.
  • Late delivery by seller behind arrest of bulk carrier Alkar Trust
    Buyers claim they took action after waiting to take delivery of an open-hatch ship they bought last October
  • US tug and barge owner Bouchard celebrates 100 years
    Famed rock band Chicago performs during anniversary event for Melville, New York-based tug and barge owner
  • Probe begins into Greek bulker's propeller loss
    Australia's AMSA says incident involving Glyfada I "extremely uncommon."
  • Fincantieri and CSSC extend cooperation
    Italian and Chinese yard groups to examine more tie-ups.
  • TT-Line sued over prize polo pony deaths
    Australian ferry owner facing negligence suit after 16 animals died crossing Bass Strait.
  • Expanding Tufton Oceanic Assets reveals $3m profit
    UK shipowner targets cash raise for more boxships, LPGCs and tanker buys after reporting first financial figures since IPO.
  • SD Standard Drilling ready to enjoy upturn
    PSV investment company turns a profit in second quarter as it expects North Sea recovery.
  • Deputy PM wants Fincantieri to rebuild Genoa bridge
    Luigi Di Maio says reconstruction should be carried out under state control.
  • Island Offshore to carry out Titanic expedition
    Owner's OSV to help carry out first manned survey of famous wreck since 2005.
  • IM Skaugen changes name ahead of delisting
    Restructuring LNG carrier player becomes IMSK as it prepares to exit Oslo exchange.
  • Loss grows at Avance Gas as rates fall
    Norwegian VLGC owner blames weaker US exports and global fleet growth.
  • Flex LNG looks to tighter market to boost profit
    John Fredriksen LNGC start-up cuts loss but calls first six months unsatisfactory.
  • Reduced impairments help MMA Offshore trim full-year losses
    Aussie owner says broader oil and gas market has improved, despite prolonged downturn in OSV market.
  • DSME set to battle Sembcorp Marine for Rosebank FPSO
    South Korean yard looks to make up for losing out to Singapore rival on Johan Castberg floater.
  • Shell takes control at India's Hazira LNG regasification terminal
    Deal also sees UK energy major agree to buy 500,000t of gas per annum from Total over next five-years.

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American Shipperweb site
AUGUST 28, 2018
  • Summit Partners acquires MercuryGate
    Global growth equity investor Summit Partners Tuesday announced the acquisition of MercuryGate International Inc., a leading independent provider of SaaS-based transportation management system solutions.
  • USDA rolling out aid for farmers
    The U.S. Department of Agriculture said it will put into action a plan to help farmers who are experiencing financial harm from countries, particularly China, which are responding to U.S. import tariffs with retaliatory tariffs of their own.
  • NCBFAA, AfA: Partial data would help
    Transmittal of partial data by freight forwarders for the U.S. Customs and Border Protection/Transportation Security Administration (TSA) Air Cargo Advance Screening (ACAS) program could help the agencies' targeting process, the National Customs Brokers and Forwarders Association (NCBFAA) of America and Airforwarders Association (AfA) said in comments after CBP published an interim final rule (IF
  • Jaxport box volumes up 17 percent
    Jaxport handled nearly 97,250 TEUs in July, an increase of 17 percent from July 2017, the port announced Tuesday.
  • Talking Trade with Congressman Lowenthal
    Congressman Alan Lowenthal fervently believes that efficient freight transportation infrastructure improves both the national economy and environment. The Adam Smith Project recently caught up with the congressman to discuss his legislative endeavors.
  • Commentary: An 'encouraging sign'
    The international trade community was abuzz yesterday over President Donald Trump's announcement that the United States had come to terms with Mexico on a new bilateral trade agreement the administration hopes will replace the 25-year-old North American Free Trade Agreement (NAFTA). Trump hailed the announcement as "a big day for trade, a big day for our country," but skeptics pointed out that it
  • Narvar snags $30 million in funding
    Narvar, a fast-growing tech company that strives to help retailers better engage with customers after they make online purchases, has garnered $30 million in a Series C funding round, led by venture capital firm Accel.
  • Soil pipe dumped on U.S. market
    The Commerce Department has determined that Chinese exporters of cast iron soil pipe are dumping their products on the U.S. market at less than fair value.
  • Duties set for Chinese steel wheels
    The Commerce Department has determined that Chinese exporters of certain steel wheels to the U.S. receive preferential export subsidies from the Chinese government.

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The Bunker Bulletinweb site
AUGUST 28, 2018
  • Crude settles lower but bullish tenor remains
    Crude futures settled slightly softer Tuesday, although analysts do not think the recent bullish trend supported by news Monday the US and Mexico signed a new trade agreement is over
  • Sinopec will not fully halt US, Iran crude purchases
    Sinopec says it will not halt purchases of US and Iranian crude barrels despite geopolitical pressures
  • Crude loadings deferred within UK's September Brent program: sources
    Several cargoes of the UK North Sea's Brent crude have been deferred to later dates within next month's loading program
  • Greek seafarers to strike Monday, hitting maritime operations: union
    Greece's Panhellenic Seafarers' Union is planning a 24-hour strike Monday
  • China produces first fuel oil through blending in Zhejiang FTZ
    China's oil storage and transportation company Sinochem-Xingzhong Oil Staging, or Zhoushan, has become the first in the eastern Zhejiang province's free trade zone to produce fuel oil by blending two different imported oils
  • PetroChina receives second Iranian crude shipment via Myanmar terminal
    The shipment comes at a time when refiners in the rest of Asia are starting to back off from business with Tehran ahead of the November 4 deadline.
  • Japan's METI minister says up to refiners to decide on Iran oil imports
    US sanctions on Iran's oil customers resume November 4 and could remove up to 1 million b/d of global oil supply.
  • Singapore-listed Noble Group set to restructure business, plans vessels disposals
    Noble separately also said that it planned to dispose two wholly owned Kamsarmax dry bulk carrier vessels.
  • FUTURES: Crude higher on expected US stock draw, Iran sanctions

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