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18 April 2021 The on-line newspaper devoted to the world of transports 01:26 GMT+2




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Exim Indiaweb site
MARCH 11, 2021
  • Continued collaboration with customers key to help ease supply chain overload, says MSC official
  • Freight rates for mid-sized bulkers seen benefiting in post-pandemic period
  • No solid pattern seen in detention increase
  • Ocean freight spot rates remain close to record highs
  • Singapore becomes first country to ratify key global navigation convention
  • China's exports jump 154.9 pc in Feb.
  • Exporters wary of developing situation in Myanmar
  • India imposes anti-dumping duty on black toner in powder form from China, Malaysia & Taiwan
  • Congestion impacting US West Coast ports
  • Revised tariff structure & berthing policy
  • More dedicated freight corridors on the anvil
  • Global economic recovery seen; depends on progress of vaccination
  • India's economic outlook looks bright in coming fiscal
  • Capt. Subramaniam IAPH President-elect for 2021-2023

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International Transport Journalweb site
MARCH 12, 2021
  • Well prepared
  • Bringing Thai Cargo back on track
  • Now four round-trips in key service
  • Two appointments at American Club
  • 2020: Ranking of European Ports
  • Ready for e-commerce?
  • Very big transactions
  • Solar powered system tracks milk deliveries
  • Hellmann Worldwide Logistics gains CCO
  • Better rates with environmental standards
  • Swiss Post against the trend
  • Another stop on Vladivostok-Moscow route
  • Partly sunny over Southern France
  • New aviation business development manager
  • Investments in Brake port
  • Roll-out starts in Madrid
  • Eco-friendly solution within network
  • "Curiosity of the Day"
  • Unmasking creative smuggling methods

free news
The Loadstarweb site
MARCH 11, 2021
  • UK delays implementation of phased Brexit border checks
  • How box lines can break free of the 'boom-and-bust treadmill' to stay profitable
  • Supply chains unravel as Myanmar military escalates retaliation to protests
  • Customs authorities should align with digital TIR, set to hit the road in May
  • UK government accused of 'spin-doctoring of the highest order' over freight movement
  • CMA CGM Air Cargo takes off and signs up with digital booking platform
  • Congress pushes FMC to act on carriers opting for empty boxes vs exports
  • American Airlines Cargo deploys bots and AI to boost efficiency
  • Market insight: The dawn of the M&A decade - and then some

free news
Marine Logweb site
MARCH 11, 2021
  • Chinese yard launches first of two new rail ferries for U.S. operator
    China's CSSC Huangpu Wenchong Shipbuilding Company has launched the first of two new rail ferries for Jacksonville, Fla., headquartered CG Railway (CGR). The ferries, the first of which is set to start
  • Philadelphia Ship Repair gets $16.2 million MSC award
    Philadelphia Ship Repair LLC, Philadelphia, Pa., has been awarded a $16,243,619 firm-fixed-price contract (N32205-21-C-4065) for a 46-calendar-day shipyard availability for the regular overhaul and dry docking for the dry cargo, ammunition ship
  • First U.S.-built Chartwell 24 CTV goes to work
    The offshore wind crew transfer vessel (CTV) Atlantic Endeavor, owned and operated by Quonset Point, R.I., based Atlantic Wind Transfers (AWT) has recently been delivered to support Dominion Energy's Coastal Virginia Offshore
  • Thai GDMA exec extradited as "Fat Leonard" probe continues
    Pornpun Settaphakorn, a former executive of foreign defense contractor Glenn Defense Marine Asia (GDMA) who oversaw the company's Thailand office, appeared in federal court in San Diego, March 8, following her extradition
  • VIDEO: Vard delivers second Coral Expeditions ship
    Norwegian headquartered Fincantieri subsidiary Vard reports that its Vung Tau shipyard in Vietnam has delivered Coral Geographer, the second of two Vard 6 01 design expedition cruise vessels ordered by Australia's Coral
  • Shell to charter in ten LNG-fueled VLCC newbuilds
    Shell today signed agreements to charter 10 new crude tankers powered by dual-fuel liquefied natural gas (LNG) engines. Four of the very large crude carriers (VLCCs) have been chartered from Switzerland based
  • $5 billion "moon shot" proposal for shipping decarbonization
    Governments controlling a major share of the world merchant fleet yesterday submitted a "moon shot" proposal to to the United Nations International Maritime Organization (IMO), calling for the establishment of a $5
  • Broussard gears up for seawall work with Sennebogen 875 R-HD
    Abbeville, La., based Broussard Brothers LLC is one of the leading marine and land construction contractors on the U.S. Gulf Coast. As well as marine towing, dock and crane services, the family-owned

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Lloyd's Listweb site
MARCH 11, 2021
  • Weekly Briefing: Is the box party ending? | Tanker bulls take the long view | Capes rebound
    There are signs that container freight rates are peaking not because of inherent demand, but due to supply chain congestion...
  • From the News Desk: Contained fury
    Lawmakers have called for closer scrutiny of container carriers as the hue and cry over high freight rates and supply...
  • Piraeus clings to southern Europe container crown
    In the past year, Greek port remained the largest for container throughput in the region, a title it first claimed...
  • New Opec forecasts to weigh on Middle East Gulf exports
    Little room for Opec exporters to lift cargoes, keep market balanced and retain higher crude prices which may delay recovery...
  • Castor eyes further fleet growth after kamsarmax deal
    Nasdaq-listed owner has stepped up the pace in 2021, with seven secondhand acquisitions in little more than two months
  • UK ports split on delay to post-Brexit import checks
    The UK has delayed post-Brexit checks on some imports from the EU by six months to give businesses more time...
  • Marshall Islands demands $100 tax on shipping emissions
    The Marshall Islands and Solomon Islands have made a landmark proposal to the International Maritime Organization to charge by 2025...
  • D'Amico hopeful of product tanker uplift
    The company, which posted a profit in 2020 versus a loss the year earlier, is betting on a recovery from...
  • Shipping's focus should be on competencies, not experience, says V.Group
    A V.Group briefing digs into shipping's reluctance to move away from requiring industry experience and finds the future lies with...
  • Shell signs charter agreements for 10 new LNG-fuelled VLCCs
    The first of the new tankers will be delivered from the DSME yard in South Korea in 2022, bringing the...
  • World boxship fleet update: An orderly orderbook
    Uncertainty about future fuel choices and a lack of yard slots means there will be no rush to newbuildings as...
  • Asian buyers extend reach for LNG purchases
    Poten & Partners flags a trend among Asian buyers to purchase cargoes with longer shipping tonne miles
  • Daily Briefing
    Free to read: Casualty reporting falling short of targets | Maritime Risk Briefing: Why subterfuge shipping requires greater industry scrutiny...
  • Keep quiet and carry on: Seafarers speak out on work hours
    The current generation of seafarers have been told to accept long hours and tough conditions. Unlike previous generations, they are...
  • Congress says carriers are undermining US export trade
    The lawmakers raised 'mounting concern' about reports that some vessel-operating common carriers are declining to ship US agricultural commodity exports...
  • US to sanction Isis unit linked to LNG project attack in Africa
    The US State Department will sanction a group known as the Islamic State of Iraq and Syria-Mozambique and its leader, Abu...
  • Qatar Petroleum joins project to develop new LNG carrier
    Qatar's national oil company has joined a shipbuilding project that will help it to enjoy potential cost savings. LNT Marine's...

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The Journal of Commerceweb site
MARCH 11, 2021
  • Hot US truck market emerges from February freeze
  • JOC Rankings: US LTL sector sees ongoing rebound on rising share of retail freight
  • Adani's latest port investment poised to reconfigure India maritime play
  • New normal in LA-LB means congestion at least until summer
  • TPM21: Surprise demand, not greed, sent container rates soaring

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TradeWindsweb site
MARCH 11, 2021
  • Apollo Management confirms selloff of 4m Genco Shipping shares
    Foundational private equity backer is down to fewer than 400,000 units, or 1% of the stock
  • Chemical tanker boarded in Gulf of Guinea as crew rushes to citadel
  • Chemical tanker reportedly boarded in Gulf of Guinea
  • Explosion reported on Iranian boxship near Israel
    Unconfirmed reports surfaced on social media
  • Scorpio Tankers carries first jet fuel cargo 'in many months'
    Robert Bugbee sees market turning for LR2s in last few days, with smaller tonnage next
  • DNB's Tsakonas: 'Words are cheap' in decarbonising shipping
    Companies across shipping industry - including yards and charterers - are urged to 'put their money where their mouth is'
  • Shipowners should plan for, not plot against, inevitable EU carbon trading scheme
    Real issues remain to be resolved over European Commission's plans to tackle climate change, but much of the criticism is just foot-dragging
  • Epic Gas and Lauritzen Kosan finalise merger
    A name change to BW Epic Kosan is on the way as fleet of 76 small LPG carriers comes together
  • Has DPGC made an offer for SCI that the government cannot refuse?
    Indian conglomerate says its 'aggressive' bid for state shipowner will be hard to turn down
  • Rise in cargoes lifts struggling VLGC numbers off the floor
    Baltic spot index boosted by 25% with help from buying interest in Asia
  • Eastern Pacific sells pair of 13-year-old aframaxes
    Tankers have reportedly gone to undisclosed Norwegian buyer
  • d'Amico International Shipping bucks trend with fourth-quarter profit
    Listed, more spot-oriented rivals dipped into the red between October and December
  • Decarbonisation is the new frontier for ship managers
    Managers are looking to partner owners in finding alternative fuels and propulsion systems to operate greener ships
  • Work could start on world's first ship tunnel next year
    Norwegian project moves ahead as government gives green light for $334m construction
  • RightShip reveals 'significant expansion' as it doubles vetting items
    Ship-vetting agency adds new welfare, human rights, flag and classification criteria
  • Shell goes big with charter deals for 10 new LNG-fuelled VLCCs
    Advantage Tankers, AET and International Seaways step up to build vessels at DSME against seven-year deals
  • Laskaridis reshuffle leaves Panos branch of family in charge of shipping
    Laskaridis family delineates its extensive onshore and offshore assets to prepare handover to next generation
  • Stena Line mounts multipronged effort to bring more women into its management ranks
    Ferry owner hopes to have men and women in equal numbers someday
  • First salvos filed in battle between management and activist over Tidewater board
    Bob Robotti has put up three candidates for the offshore player's board, while Tidewater accuses him of conflicts of interest
  • Maersk linked to $1bn sale of its reefer container unit
    Danish giant has not denied a report it is exploring disposal of Maersk Container Industry
  • Biden bounce-back: Iranian tanker shipments to China rise amid change in Washington
    Shipowners in sanctioned operations enjoy buoyant trade as others suffer from weak rates
  • Has DPGC made an offer for SCI that the state can't refuse?
    Indian conglomerate says its 'aggressive' bid for state shipowner will be hard to turn down
  • Has DPGC made an offer for SCI that the government can't refuse?
    Indian conglomerate says its 'aggressive' bid for state shipowner will be hard to turn down
  • Bimco proposes alternative carbon efficiency rating to help older ships
    Organisation working with naval architects to produce accurate reference speed where sea trial data has been lost
  • American Club makes senior staff appointments in Piraeus
    Marine insurer takes on Hill Dickinson partner and promotes another employee internally
  • Apollo Management emerges behind huge sale of Genco Shipping shares
    Private equity firm that employs Genco chairman sells most of its stake
  • Apollo Management blasts off Genco Shipping platform with huge sale
    Private equity firm that employs Genco chairman sells most of its stake
  • Equinor ends KNOT Offshore charter as tanker owner reports engine damage
    But US-listed shuttle tanker owner says it has secured new three-year fixed time charter contracts for the vessels
  • AlixPartners study: Carriers have a chance to break the cycle
    Consultancy says the fundamentals are in place to breakaway from the boom-bust cycle of the past 30 years
  • Floating wind player BW Ideol launches $68m share sale ahead of Oslo listing
    BW Group-backed French company set to debut on Euronext Growth exchange on 18 March
  • Morten Hoegh reveals thinking behind taking Hoegh LNG private
    Chairman talks zero-carbon solutions, share price disappointments, pandemic partnership search and priorities
  • Equinor ends KNOT charter as MLP reports engine damage to second ship
    But US-listed master limited says it has secured new three-year fixed time charter contracts for the vessels
  • Castor takes 2021 S&P spend to over $100m with latest kamsarmax buy
    Rapidly expanding shipowner has now bought four kamsarmaxes, two LR2s and a capesize since January
  • Zhichuan International scraps rare hybrid container-passenger ship
    Demolition deal leaves only five of the type still in service worldwide
  • Samsung ordered to pay Stena $411m after losing drillship arbitration battle
    Yard says decision sets a bad precedent for the delay of ship construction by buyers when market conditions worsen
  • China's New Times homes in on $800m LNG-fuelled bulker deal
    Rumours swirl over mystery backer behind latest move on newcastlemax newbuildings for Project Himalaya, but who is about to summit?
  • NYK Line sells 2011 capesize for strongest price in over two years
    Asset prices continue to climb in resurgent dry markets as Japanese owner inks deal with Greek buyer
  • Newbuilding boom to test yards' restraint in reactivating capacity
    Major yards say they will keep redundant facilities shut over uncertainty of future costs

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American Shipperweb site
MARCH 11, 2021
  • New DHL hub boosts Milan airport's cargo traffic
    E-commerce is the growth engine for air cargo. It's why DHL Express just added a new air/parcel hub in Milan, Italy.
  • South Carolina Ports finding groove with rail
    "As retail imports continue to boom during the pandemic, the ability to quickly move goods from ships to the hinterland via rail is paramount," says...

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The Bunker Bulletinweb site
MARCH 11, 2021
  • PODCAST: Pandemic, politics usher uncertainty into Brazil diesel market
  • South Korea's March low sulfur bunker imports to decline from Feb
  • Asia LR1 rates trade at 2021 high as tankers delay return to Middle East: sources
    At current bunker prices, LR1s are likely to earn around $8,000 daily on the benchmark PG-Japan route and another $3,000/d on backhaul, according to shipping industry estimates.
  • Platts to reflect CPC Blend crude standard cargo size of 90,000 mt
  • Shell charters 10 new VLCCs with dual-fueled LNG engines






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