|DECEMBER 17, 2013|
- European Commission issues proposals to standardise EU customs penalties
- China blocks US GM grains, some see real cause as bumper domestic harvest
- Hong Kong, Malaysian firms now on US Entity List for 'illicit' trading
- NY dockers, bosses ask court to end Waterfront Commission hiring freeze
- China ends anti-dumping duties on American SUVs levied since December 2011
- Authorities need good data to ensure safe passage under Bayonne Bridge
- BNSF CEO Rose made chairman, said to be in line to take Buffet's job
- Cargotec's Kalmar to supply 12 RTGs to Port of Mombasa next year
- South Korea's airlines to comply with China's air defence security air zone
- Cargolux okays sale of 35pc stake to Henan Civil Aviation and Investment
- Boeing R&D staff to drop 1,000 in old plants and gain 350 in new ones
|DECEMBER 16, 2013|
- AADA announces China-Australia rate hike from Jan. 7
- BDI surge lifts hopes of Indian shipping cos
- CCI exemption for vessel sharing pacts
- CMA CGM Group announces reshuffling of services from Europe & Med to West Africa
- Grid study has identified potential for intermodal connectivity on National Waterways: Deora
- Kalmar to deliver revolutionary RTGs to Port of Oslo
- Majestic Maritime inaugurates first office in India
- Shipping rates remain low even as volumes increase, says UNCTAD's Review of Maritime Transport 2013
- Vanguard Logistics Services opens office in Peru
- Vasan highlights steps taken to promote coastal shipping
- West Asian oil exporters target fast-growing Asian markets
- Car exports to EU may take another beating
- Antwerp port stepping up fight against cyber crime
- SC Ports announces Clean Truck Certification Program
- Sittwe port project in Myanmar likely to be completed by June next year
- DHL & Blue Dart Disaster Response Team conducts first emergency training in India
- DGFT fixes floor price for import of cashew kernels
|DECEMBER 17, 2013|
- New freight wagons for more efficient hinterland transport
- Iata sees slower international freight growth until 2017
- Azkar moving to new logistics terminal in January
- Calls for proposals for key TEN-T projects
- AA's cargo volumes up in November
- DHL Express receives 100th Tapa certification in Europe
- Slovenia introducing new toll for vans
- Belavia to connect Geneva with Minsk
- President of Icao ANC confirmed for 2014
- TNT Express expands express freight service
- Handover of Jungheinrich management
- Manitoulin Transport snaps up Smooth Freight
- India's port connectivity still a problem
- Sichuan Airlines adding another Australian airport
- Subsidiary for special transport founded
|DECEMBER 16, 2013|
- American Cruise Lines to build four more
- GAC launches diver-free underwater hull cleaning system
- MAN Diesel & Turbo books another ME-GI order
- Shipyard DeHoop wins 10 PSV order
- Keppel adds to orders at Singapore and China yards
- Second Wärtsilä BWMS gains IMO Type Approval
|DECEMBER 16, 2013|
- Genco Shipping hires Blackstone
Restructuring advisor will work with bondholders aligned with Jefferies
- SSY and Lalemant merge to create US ship chartering powerhouse
Tie-up heralds a new era for the country's shipping scene
- Zodiac's $80m VLGC sale shows prices climb as interest builds
Secondhand deal makes more than some newbuildings
- Oaktree buys Commerzbank 'bad' chemtanker loans
Portfolio worth $385m but the price of the deal is undisclosed
- Data Hub: Load Factors
Economic growth in advanced economies is stronger than expected, while growth in emerging economies is weaker
- No hiding place from the refuge issue
States obliged to shelter damaged ships often put public perception first
- Louisiana transhipment hub comes a step closer
US Citizenship and Immigration Services approves LIGTT development
- How to take the sting out of currency swing
Both container lines and their customers are exposed to foreign exchange risks. Could a private sector initiative help?
- Gulftainer looks to triple its global container volumes
Group targets 18m teu by 2020 with further partnerships in the pipeline
- Keep taking the tablets
iPad and Twitter generation shippers will demand instant supply chain data
- Hacker alert: Cybercriminals target box port IT systems
Hi-tech global gangs use keyloggers and break-ins to compromise supply chains
- Evergreen announces box sale
Taiwan firm raises $76m from disposal of 32,000 Greencompass containers
- New normal for global box ports
Forecasts of higher growth in 2014 amid background of radical changes
- Drillship cancellation at DSME points to TMT
Contract struck in 2008 was worth $673.8m
- LNG ships closer to carrying cargoes from Queensland Curtis project
BG Group reaches project milestone
- Box production stuck in the slow lane
Early buying spree by lines peters out in 2013 as lessors continue to invest
- Cheap debt clouds box lease rates
Smaller players put pressure on new contracts but major lessors remain positive for 2014
- German shipowners benefit from tie-ups in tough market
VDR welcomes closer co-operation but warns on global tonnage oversupply
- 2013: A year of consolidation for ports
Global operators spend the year building fresh alliances or switching assets
- Lack of an alternative
Will regulators provide an alternative if they reject the P3 Network?
- Trade Statistics: the recovery begins?
North America's positive performance sits alongside expectations of global growth
- A matter of time
Top classification societies say there is no technical barrier to further vessel capacity growth, only commercial constraints
- 2013: a turning point for container shipping
Will the P3 Network reshape the industry?
- Over the line?
Does the European Commission's probe of public container rate announcements stray too far?
- View from the Bridge: Thomas Preben Hansen
Rickmers Trust Management believes the charter market will soon turn the corner
- Split in the pack
Freight forwarders adopt varied strategies to tackle volatile freight rates
- Three scorpions in a bottle
P3 partners have to avoid mutual destruction but allay the regulators' concerns
- NOL loses its gloss
The Singapore line's financial results reveal a lacklustre performance
|DECEMBER 16, 2013|
- Merger announced to create P&I giant
Two of the market's oldest P&I Clubs have announced that they plan to merge to create one of the world's biggest marine insurance operations
- Euronav contemplates New York listing
Euronav, the Belgian VLCC and Suezmax owner that is listed in Brussels, says it is contemplating seeking dual listing of its shares with a second listing at either the New York Stock Exchange or Nasdaq and that it has raised $150M in fresh capital
- Thirteen saved after collision
Thirteen crew members were rescued after a China-flagged bulk carrier collided with a Greece-flagged containership off the Yangtze River mouth in the East China Sea, local authorities said
- Keppel bags $119M deal
Singapore's Keppel O&M said today it has secured five offshore and marine contracts worth an aggregate of S$150M ($119M)
- Ningbo port's sea-rail throughput hits new high
China's Ningbo Port recorded a new high of its sea-rail throughput as of December 15, hitting 100,064 teu, 67
- DSME cancels TMT drillship
A drillship that embattled Taiwanese ship owner TMT ordered at Daewoo Shipbuilding & Marine Engineering has been cancelled
- Restraints seen on coal demand growth
Tougher Chinese policies aimed at fighting pollution will help restrain global coal demand growth over the next five years, the International Energy Agency said in its annual medium-term coal market report today
- Essar to invest $194M to build three ore berths in Vizag
Ruias-owned Essar Ports has signed a deal with Visakhapatnam Port Trust (VPT) for development and operations of three iron ore berths at Visakhapatnam Port on build-operate-transfer (BOT) basis over a period of 30 years
- Ro-pax held for no-permit ops
Ro-pax Sharima has been held by Philippine authorities after it was found to have illegally transported passengers and operated with incomplete documents
- Conditions lifted from Songa Offshore refinancing
Following an extraordinary general meeting, Songa Offshore, the listed Norwegian mid-water drilling rig operator, has lifted conditions from refinancing the company as proposed by the board at the end of last month, the company said in a statement
|DECEMBER 16, 2013|
- Falling Imports Help Pull India's Trade Deficit Down
- NY-NJ Employers Criticize 'Mission Creep'
- Dedicated Carriers Managing More Complex Freight Networks
- Carrier Groupings Seek Response to P3 Network
- Shippers Pressed to Prepare for Japan's 24-Hour Rule
- Cargolux Paves Way for Sale of Stake to Chinese Investors
- China's Logistics Growth Tied to Modern DC Development
- CEVA Logistics Expands in Germany, Australia
- What Shippers Think [Interactive]
- Landstar Truck Volume, Revenue Rise in December
- Pacific Northwest Ports Extend Clean Air Partnership
- Ocean Carrier Rate Revision Roundup for Dec. 16
- Duisburg Cracks Top 50 Container Ports
|DECEMBER 16, 2013|
- ACL firms up order
US shipyards have been flooded with orders for tugs and barges soar over the past 12 months but a handful are cashing in on rising demand for other types of tonnage as well.
- SSY mints dry merger
Simpson Spence & Young (SSY) appears to have acquired a small US rival in a bid to expand its presence in the dry-bulk segment.
- Excel in monthly loss
Excel Maritime Carriers has delivered an operating profit in November but its bottom line remained in the red for the month.
- Cocaine haul revealed
The Venezuelan navy has seized nearly 15kg of cocaine found in the engine room of a German boxship.
- Zodiac takes 10 from DSME
Zodiac Maritime today signed newbuilding contracts with DSME for six option four 10,000-teu 'eco' containerships for long-term charter to Hyundai Merchant Marine (HMM).
- Thunderbird is going?
J Lauritzen is rumoured to be continuing asset sales with the disposal of a pair of supramax bulkers.
- Star set for loan
Star Bulk is close to netting a loan to pay for two supramaxes which it purchased in November.
- Diana torches boxship
Diana Containerships has scrapped a panamax boxship after its charterer handed back the vessel early.
- Katsipis spared jail
A Greek chief engineer has been given a year's probation for oil dumping after a US judge heard his wife had died during the detention of his bulker.
- Oshima pulls plug?
Japan's Oshima Shipbuilding has reportedly decided not to build its planned new shipyard in Vietnam.
- Statoil fixes NAT duo
Norway's Statoil has stretched charter contracts for two of Nordic American Tankers' new platform support vessels.
- A hairy experience
Perhaps planning to row 3,500 nautical miles from Australia across the Indian Ocean to Mauritius was not such a good idea while working in a shipping office. Plenty of ex-mariners were on hand to shake their heads at our naivety, especially when they found out we had no real sailing experience ... and had never rowed.
- Viking back at Fincantieri
Viking Cruises has returned to Italian shipbuilder Fincantieri for another pair of cruiseships.
- Hold the front page!
Breaking news is what TradeWinds is all about, but some issues have dominated the headlines in 2013. TW+ picks out nine cover stories, looks back at what was said, and what happened next. Now read all about it
- Erria teams with Kirk
Danish shipmanager Erria has been brought in by compatriot tanker owner Kirk Capital as a "cooperative partner and advisor".
- Taking the bull by the horns
Oslo has tweaked Wall Street's tail this year. Joe Brady sorts out which end of the metaphor is which, and examines the future of the Norwegian challenge to New York's hegemony
- The thrill of the case
He's the lawyer with seawater in his veins. The labradoodle owner who works for a firm of legal pit bulls. The litigator who loves fighting a case, but is only too happy to mediate. Jim Mulrenan meets Faz Peermohamed
- US blacklists trio
Two Asian tanker owners and a bunker company have been blacklisted by the US after they were accused of working with Iranian tanker owner NITC.
- BBR bags twin deals
Indonesia's Bina Buana Raya (BBR) has sealed charters for two anchor handling tug supply vessels (AHTS) worth approaching $20m.
- Keppel adds $120m
Keppel Offshore & Marine has chalked up $150m ($120m) worth of fresh orders.
- Death for Vinalines execs
Two former executives of Vietnamese state shipowner Vinalines have been sentenced to death for embezzling company cash.
- Trafigura seeks more vessels
Commodities giant Trafigura is moving further into shipping with a new shipowning investment vehicle launching in 2014.
- DSME stung by TMT
Nobu Su's TMT appears to have canned a drillship order at Korea's DSME.
- GTT to stocklist
France's GTT has confirmed long-rumoured plans that it will list its shares on the Paris stock market.
- Euronav targets NYSE
Euronav is looking to join the growing number of shipping companies quoted in the US with a dual listing on the New York Stock Exchange.
- Oaktree strikes again
Distressed deal specialist Oaktree Capital has swooped on 14 chemical tankers which were placed on the block by Commerzbank.
- "Tanker spy" held
An alleged UK intelligence agent has been arrested in Iran after being accused of passing on details of the country's covert tanker operations.
- Freedom for Indian owners
India has cleared vessel-sharing agreements from antitrust rules.
- PSV bonanza for De Hoop
Dutch shipyard De Hoop has won a big new offshore vessel order from Abu Dhabi.
- OOCL ups rates
OOCL is demanding that customers pay sustainable rates on box cargoes heading to Australia.
- More arrests for Glenn
Yet another vessel belonging to beleaguered Singapore-based marine security contractor Glenn Defense Marine Asia has been arrested in Singapore.
- Amorella runs aground
Finnish ferry operator Viking Lines's 34,400-gt cruise-ferry Amorella (built 1988) has been forced to cut short a voyage after briefly running aground in the Aland archipelago.
- Ruby protests retirement
Saga Cruises' veteran cruiseship Saga Ruby (built 1973) is seemingly kicking up a fuss against its impending retirement by engaging in some mechanical high-jinx.
|DECEMBER 16, 2013|
- EU to triple rail investment
Siim Kallas, the European Commission's vice president in charge of transport, said he wants more freight traffic off the highways and on the tracks. He said that only 10 percent of Europe's freight traffic is currently on rail.
- Canada Post to scale back home delivery
Transitioning one third of home delivery recipients to a "community mailbox delivery" is expected to bring savings of $400 million to $500 million annually once fully implemented. The program will begin a five-year roll out in 2014.
- Stifel: XPO gets managed transportation muscle with NLM
- Cargolux enters commercial cooperation agreement with HNCA
- Export-Import Bank financing exceeds $27 billion
The Export-Import Bank of the United States approved more than $27 billion in authorizations during fiscal-year 2013, working with more than 3,400 small businesses, which equated to 89 percent of all transactions.
- Boeing expands in South Carolina
- AAPA, MarAd to create investment guidebook for ports
The AAPA and MarAd are searching for technical experts to contribute expertise for the how-to-manual, which will help port authorities plan infrastructure projects and devise how to attract public or private capital to pay for them.
- Vanguard opens office in Peru
- Pritzker, Froman to co-chair trade meeting
- FMC will hold regulatory summit Tuesday
- AAR reports mixed weekly rail traffic
|DECEMBER 16, 2013|
- SEAaT has 'broadly met its two main objectives'
Cross industry association has been wound up.
- Market moving up in Fujairah
MGO showed double digit gains in Cape Town.
- Bunker market firm in Rotterdam
Prices soft across Mediterranean ports.
- Chemoil Adani wants 'to replicate Mundra success'
India supplier looks to Chennai.
- Asian IFO markets firm
Meanwhile, MGO prices lose direction.
- Singapore bunkering firm accused of breaching US sanctions
Mid Oil Asia accused of assisting Iranian Tanker Company (NITC) with payments through money transfers.
- IBS appoints new team leader
Hong Kong-based trader moves up the ranks.
- South China December fuel oil imports down
Brightoil and Sinopec importing cargoes.
- Bunker-saving tools: Smaller players could be left behind
'Unclear interests and responsibilities' hindering adoption of bunker-saving measures.
- India is on the way to becoming a 'bunker hub'
Nevertheless, the sector would be greatly helped if the government reduced tax and streamlined customs procedures.