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28 November 2020 The on-line newspaper devoted to the world of transports 02:50 GMT+1




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International Transport Journalweb site
OCTOBER 2, 2020
  • Room to roam for a 'cash cow'
  • Rola offers discount for trucks
  • Iran Air is back in Germany and cargo-ready
  • Regulatory approval for Ipsen takeover
  • ZIM launches new service
  • New areas for System Alliance
  • First CNG fuelling station for the port of Le Havre
  • The latest news from Germany's air cargo gateway
  • Cargo crime not necessarily stopped by the pandemic
  • Update of CMA CGM's digital status
  • Emiel Knarren now CCO at European Loc Pool
  • Cleaner road traffic with Eurovignette
  • Back to London, soon with maindeck capacity?
  • "Curiosity of the Day"
  • From ITG to LGI
  • Abdul Fahl elected TTMS (Gulf) director
  • Finally united in African waters
  • Another batch of flat cars delivered
  • Canadian drones to reach out for Africa

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The Loadstarweb site
OCTOBER 1, 2020
  • Now IMO is hit by cyber-attack, as CMA CGM says it suspects a data breach
  • MUA suspends industrial action at Patrick terminals, despite no pay deal
  • Air cargo capacity creeps up as carriers bring in more freighters
  • 'Strong Q3 performance' expected from ocean carriers in a 'fresh dynamic'
  • Global trade declines, but freight forwarders experience mixed fortunes
  • UK haulage frustration grows as Brexit minister Gove ducks the issues again
  • No let-up in cargo crime during pandemic, as gangs target PPE shipments
  • More than €85m-worth of products were stolen from supply chains in 46 countries in Europe, ...
  • NYSHEX raises new funds to progress harmony between shippers and carriers
  • Interim Xpediator CEO Robert Ross takes the reins permanently
  • Market Insight: Toll Group accused - chase the cash

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Marine Logweb site
OCTOBER 1, 2020
  • USCG responds to grounded coal carrier
    Coast Guard Sector Virginia and the Port of Virginia's Maritime Incident Response Team are assisting the crew of a bulk carrier after it ran aground near Norfolk on Wednesday night. Watchstanders at
  • Wärtsilä divests its valves business
    Wärtsilä has divested 100% of the shares in Wärtsilä Valves Ltd to an affiliate of New York City based Evergreen Capital L.P. Located in Brough, U.K., Wärtsilä Valves Ltd. supplies the entire
  • Terminal tug duo arrives in Orkney Islands
    Last month saw the delivery of Odin of Scapa and Thor of Scapa, a pair of Robert Allan Ltd. designed RAstar 3200-SX terminal support/escort tugs, that will operate in Scotland's Orkney Islands.
  • Chouest to build and operate first Jones Act offshore wind SOV
    Edison Chouest Offshore (ECO), Ørsted and Eversource today announced the execution of a long-term charter agreement for the provision of the first-ever U.S. flagged Jones Act compliant wind farm Service Operations Vessel
  • FueLNG names Singapore's first LNG bunkering vessel
    In a virtual ceremony today, FueLNG, a joint venture between Keppel Offshore & Marine Ltd (Keppel O&M) and Shell Eastern Petroleum (Pte) Ltd, named Singapore's first LNG bunkering vessel (LBV), FueLNG Bellina.
  • IMO hit by cybersecurity attack
    The International Maritime Organization (IMO) has become the latest high profile maritime victim of a cyber attack. "The interruption of service was caused by a sophisticated cyber attack against the organization's IT

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Lloyd's Listweb site
OCTOBER 1, 2020
  • Shipping's cyber defences fail attack test
    As the IMO and CMA CGM conduct investigations into cyber attacks on their systems, the focus is on the cost -...
  • Ports are enabling the supply chains of the future
    Resilience will need to be at the forefront of everyone's minds over the next 12 months, as new border arrangements...
  • Transparency is key to effective crisis management
    Shipping companies must become more open when dealing with crises if they are to keep the confidence of their customers
  • Navios Holdings sells two bulkers to affiliate
    The deal appears to strengthen Navios Maritime Holdings' balance sheet, while furthering Navios Partners' growth with modern ships
  • Eurokai stays in black despite pandemic
    Pressures on revenues and earnings apparent from April through to June, before picking up slowly from July onwards, the company...
  • Energy efficiency and reducing costs are key factors in new ship orders
    Container vessels and crude, LNG and chemical tankers in the current orderbook for 2020-2024 will be more energy efficient than...
  • Algeria diversifies wheat imports
    While Algeria's wheat diversification is positive for dry bulk shipping because some imports are being sourced from as far away...
  • Seaborne fuel oil flows altered by pandemic and sulphur rules
    'The market underestimated how much compliant fuel would actually be available due to the availability of cheaper blended fuels and...
  • Financial tools are key to shipping's decarbonisation push
    The Baltic Exchange believes that risk management and mitigation tools in the form of carbon markets, taxation and offsetting schemes...
  • V.Group names Kofod-Olsen as chief executive
    Appointment 'brings strong commercial acumen, broad shipping experience and strategic transformation know-how', says company
  • Seadrill changes chief executive ahead of debt restructuring
    Oslo-listed offshore rig operator has replaced Anton Dibowitz as chief executive, as the company's seeks a $7.3bn debt restructuring amid...
  • China port congestion not linked to Australian trade spat
    Import quotas said to be eased from October, helping relieve port congestion
  • Hygo chief granted leave amid Brazil probe
    Golar said Mr. Antonello's leave 'is not in any way linked to any action or misconduct during his tenure at...
  • Hapag-Lloyd to tap Shell for LNG bunker supply
    Hapag-Lloyd is one of first two named foundation clients that will back the utilisation of Singapore's first purpose-built LNG bunker...
  • Swire Bulk appoints Peter Norborg as chief executive
    Mr Norborg was previously employed by dry bulk and ro-ro company Clipper group, where he was instrumental in its refocus...
  • New York Shipping Exchange raises funds for service expansion
    Reliable contracts provide shippers with a way of avoiding ambiguity and securing their supply chain, says NYSHEX chief executive Gordon...
  • IMO security breached by 'sophisticated' cyber attack
    'The interruption of service was caused by a sophisticated cyber attack against the organisation's IT systems that overcame robust security...
  • DHL eyes biofuel switch to decarbonise freight
    Switching to biofuel sourced from waste holds the key to achieving carbon neutrality in freight forwarding operations, the logistics giant...
  • Daily Briefing
    Free to read: Shipping nations rally behind short-term IMO emission plan | Shell bets on hydrogens zero-emissions promise | HHLA's...
  • Seafarers now covered by UK minimum wage rules
    The UK will extend its minimum wage to seafarers working between UK ports and in the offshore energy supply chain...

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The Journal of Commerceweb site
OCTOBER 1, 2020
  • JOC Uncharted: Freight 'imbalance' pushing up truck rates
  • Port of Virginia marks strong recovery with record September volume
  • Container lines maxing out capacity to meet US import surge
  • DHL in biofuel drive for LCL carbon neutrality
  • 'Sophisticated' cyber attack takes IMO offline
  • Extra-loaders, new services slow LA-LB decongestion efforts
  • aNew funding to drive NYSHEX effort to attract US importers

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TradeWindsweb site
OCTOBER 1, 2020
  • Orsted hails 'incredible moment' with US-flagged offshore wind vessel charter
    Offshore wind giant and utility partner say Jones Act-compliant SOV will serve New England projects
  • Marella Cruises retires ageing ship amid Covid-19 uncertainty
    Ultimate fate of UK brand's second-oldest vessel is unknown for now
  • Navios Maritime buys two bulkers from sister company
  • Aegean digitally inks aframax newbuildings at Cosco
    Greek tanker newbuilding drive continues, with George Melissanidis-led outfit ordering up to three aframaxes at its preferred shipbuilding partner in China
  • While investors fled, BW Group grabbed Golar LNG shares
    When Golar LNG shares dipped below $6, the Andreas Sohmen-Pao company struck
  • Ex-High Court judge Sir Nigel Teare joins arbitrators at 10 Fleet Street
    Judge who presided over the infamous Brillante Virtuoso case has retired from London's Commercial and Admiralty courts
  • Golar LNG and BP agree new delivery date for FLNG unit
    Force majeure ended on LNG carrier Gimi conversion into production floater
  • Project cargo specialists form United Marguisa Lines
    Partners team up on project and multipurpose services to African trades
  • Singapore's first LNG bunker vessel to be in operation by year-end
    FueLNG Bellina named in China with Shell and Hapag-Lloyd lined up as its first customers
  • Hydrogen fuel cell vessel proves worth - but welcome with caution
    Shipping should be extra careful about hydrogen technology's safety and compliance issues before getting the potentially hazardous gas on board, argue Christopher Chan and Derek Tam
  • Soren Skou still not satisfied after Goldman Sachs raises Maersk to 'buy'
    Danish group's CEO says work still to do despite enthusiastic backing from giant investment bank
  • UK Home Office asked maritime industry for help in deterring migrant boats
    But trade bodies told the government they could find no legal or safe way of assisting
  • 'Unique' Dynagas Partners given the edge by ice-class LNG carriers
    Investment bank Jefferies says revenue visibility is key to US-listed shipowner's future
  • UK gives minimum wage to seafarers on domestic trades in historic first
    Shipping minister says the move is the UK's first step in leading the world towards a fairer maritime industry
  • Aframaxes remain in doldrums with European refinery maintenance
    Lack of floating storage demand also hurt rates but support may come from rising Russian and Libyan exports
  • IMO hit by 'sophisticated' hackers in cyber-attack
    United Nation's maritime regulator describes attack as 'sophisticated' as it works to restore systems
  • Can VLGC rate recovery survive 'firm' fleet growth?
    VesselsValue and ViaMar forecast bigger gas carriers taking a hit from lower US exports as new ships are delivered
  • Lavinia Bulk and Arrow charity day raises $13,500 for seafarers
    Shipping industry comes together to raise funds for seafarers who have been hard hit by the pandemic
  • Danish Maritime Fund chief Lundberg joins Monjasa board
    'Driven' executive replaces 75-year-old Tage Bungaard as a director of tanker and bunker group
  • Rio Tinto ship plucks family of eight from seas off Queensland
    Australian maritime regulator tasked a number of surface vessels to assist in rescue from sunken catamaran
  • DOF loses some lender support but still stretches $2bn debt freeze
    Norwegian shipowner extends standstill to 31 January, but bank backing falls to 83%
  • Shipowners forced to act as hackers target shipping's biggest names
    Upcoming regulation and recent attacks have made cyber security a priority for shipowners and operators
  • Cyber-attack raises questions over CMA CGM's contingency plans
    Latest assault on major operator shows liner sector remains woefully unprepared in face of cyber security threat
  • Shipping requirement to buy EU carbon credits is not inevitable
    The European Commission may respond to parliament's inclusion of shipping in the emissions trading scheme in a way that fits with IMO carbon cuts
  • Seadrill CEO Dibowitz quits as new boss pledges to focus on consolidation and scrapping
    Stuart Jackson must now complete restructuring that could wipe out existing shareholders
  • Singapore's Transport Capital recruits former HSH Nordbank banker
    Transportation focused investment management and advisory firm boosts European footprint with new recruit
  • MSC to splash out $888m to order boxship giants
    Aponte family-led liner operator sticks to fuel oil-run vessels and will be installing scrubbers on its latest 23,000-teu order
  • UK's Centrica secures first long-term LNG supply deal with China
    State-backed Shenergy has agreed its second long-term deal with a major international energy company
  • Peter Norborg joins Swire Bulk as new chief executive
    Clipper Group's departing CEO to lead China Navigation's bulk arm as it gets spun off into standalone company
  • Rio Tinto bulker plucks family of eight from seas off Queensland
    Australian maritime regulator tasked a number of surface vessels to assist in rescue from sunken catamaran

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American Shipperweb site
OCTOBER 1, 2020
  • Lack of passenger flights holds down airfreight
    The air cargo industry is operating with an anchor tied around its waist: The absence of strong passenger service.
  • US import bonanza could extend into 2021 on 'record' restocking
    'Get ready for the biggest restocking cycle on record,' says Jefferies.
  • DHL Global Forwarding picks new Americas CEO
    Tim Robertson succeeds Bill Meahl, who will continue to serve in an advisory role until his retirement next September.
  • FMC extends coronavirus-related service contract filing flexibility
    U.S. Federal Maritime Commission anticipates COVID-19 impact on U.S. supply chain to continue into the first half of 2021.
  • Coast Guard responds to fuel oil leak and ship aground
    YM Mandate leaks fuel oil in New Jersey, and the Hong Dai runs aground in Virginia.
  • IMO hit with cyberattack; CMA CGM suspects data breach
    International Maritime Organization website down and CMA CGM continues investigation following ransomware attack
  • NYSHEX, carriers push for more binding ocean shipping contracts
    As NYSHEX expands and Maersk Spot nears U.S. approval, ocean transport contracts could become more binding.

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The Bunker Bulletinweb site
OCTOBER 1, 2020
  • European fuel oil paper volumes in September MOC up 125% on month
  • Europe 0.5%S marine fuel crack hits March highs, becomes strongest transportation fuel
  • Platts FOB Singapore fuel oil trading volume in September drops 43% to 440,000 mt
  • Singapore LSFO-HSFO spread hits 2-month high as LSFO supply tightens
  • External: Global Risk Management




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