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16 September 2021 The on-line newspaper devoted to the world of transports 17:59 GMT+2

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Sched Netweb site
JANUARY 8, 2014
  • Asia-Europe box rates hit 17 month high before Chinese New Year
  • China Shipping consolidates group's chartering of 21 bulkers
  • Rebranded Pan Ocean finds old containership sale a hard sell
  • China's November social logistics value up 9.4pc
  • PCA willing to share US$1.6bn cost overrun with contractor
  • 'Plan B' if locks work for Panama Canal halted in funding row
  • CSBC secures US$50 million order of two 1,800 TEU from Iseaco
  • 7Seas Shipping handles transformers' shipment South Korea to Iraq
  • Log-In is 'unaffected' by delivery delay of 3 x 2,808 TEU ships
  • HACTL's air cargo dives 40pc in December to 153,386 tonnes
  • Cathay Pacific Services to build HKIA's third cargo transfer centre
  • CityJet to merge with InterSky to create business regional player

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Exim Indiaweb site
JANUARY 7, 2014
  • Allcargo Logistics, Chennai handles record 176 TEUs in Dec. 2013
  • China to assist in augmenting the two leading Yemeni box ports
  • DNV GL launches new global brand
  • Evergreen names another vessel as part of fleet rejuvenation programme
  • HAROPA-Port du Havre publicises ambitious tariff policy for 2014
  • India offers huge potential in container trading & leasing: WCT's Olaf Gayko
  • OOCL ups Asia-Australia rate from Jan. 15
  • Tanker rates slide on increased tonnage
  • Better connectivity at Major Ports a must to enhance efficiency: Vasan
  • Kandla Port resumes container handling with immediate effect
  • Rail cargo handling capacity at Ennore Port jumps to 24 mt with additional siding
  • Construction arm of L&T receives orders worth INR 2,962 cr.
  • FDI norms may be relaxed for railways, construction
  • What's in a name? Obviously a lot when it comes to Pakistan awarding MFN status to India!

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International Transport Journalweb site
JANUARY 8, 2014
  • Husa Transportation ending railfreight operations
  • Port of Rotterdam: fewer containers in 2013
  • Röhlig and Gebrüder Weiss restructure alliance
  • RAlpin posts best annual performance in 2013
  • Change of leadership at port of Melbourne
  • India's first air cargo community portal established
  • Arkas and Yang Ming expand services in Eastern Med
  • U-Freight America is C-TPAT revalidated
  • IAG Cargo and Waco System sign partnership deal
  • Mourning a founder father
  • IRU road transport indices confirm global economic recovery
  • STI Freight Management opens location in Riga
  • New chance for Canal Seine Nord Europe
  • Canadian lobsters land in Brussels
  • DB Schenker renews management in Brazil
  • Gillhuber tests LHV for car manufacturer
  • Skycargo: Pakistan und Südpazifik
  • Change of owners at Gothenburg-based Dacotrans

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Marine Logweb site
JANUARY 7, 2014
  • USCG cutter and laker collide during ice escort
  • GE Capital arranges $285 million of credit for Harley
  • Canadian Shipowners seek legal review of VGP dates
  • Paragon takes delivery of one, gets financing for two
  • Ares Shipyard to build eight ferries for Doha resort
  • Euronav to raise $1.085 billion

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World Wide Shipperweb site
JANUARY 8, 2014
  • Port of Seattle Commission adding co-presidents for 2014
  • Two new members sworn-in on Port of Bellingham Commission
  • Maintenance dredging underway at NOAA's Port of Newport location
  • Financial moves taking place at FRS Capital Corporation
  • Panama Canal Authority announces contribution proposal

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Lloyd's Listweb site
JANUARY 7, 2014
  • Insurers forced to develop their own solutions for Arctic vessels
    Traffic growth outpaces policymakers' ability to create a supporting legal framework
  • OSG tops high-yield gain league
    Bond price rises exceed 180%
  • Will Scorpio Bulkers take its foot off the gas pedal?
    Lauro says talks on bank finance for 74 newbuildings are under way
  • Libyan navy opens fire to prevent tanker entering rebel-held port
    Shipowner denies that Baku sought to load oil illegally at Es Sider
  • South Sudan's crude exports keep flowing as fighting continues
    Crude output from Adar oil fields is rising despite fears that conflict could spread
  • NewLead regains compliance with Nasdaq share price rule
    Qualifications panel will monitor owner closely for another six months
  • Demolition sector reports a quiet start to the new year
    GMS predicts a 'more modest' 2014 as supply of scrapped vessels slows
  • Storms whip up high earnings for northern European aframaxes
    But earnings for Mediterranean-based ships crash due to vessel build-up
  • AP Moller-Maersk sells stake in Danish supermarket group
    Shipping companies continue disposal of non-core assets
  • Authority prepared to step in to complete Panama Canal expansion
    Quijano makes fresh pledge as talks to resolve cost-overrun dispute continue
  • Bourbon sells 12 additional vessels in leaseback deal with CIBC
    Firm also agrees sale and bareboat charter-back for six ships with Standard Chartered
  • Euronav clarifies decision to raise $1bn for Maersk VLCC deal
    Crude tanker company wants working capital left over to pay for fees and operations
  • Shanghai box volume increases 3.3% in 2013
    The world's busiest port posts recovery in throughput growth
  • Sinotrans Shipping orders four bulkers at Jinling Shipyard
    Hong Kong-listed subsidiary of China state-owned giant presses ahead with fleet renewal

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Fairplayweb site
JANUARY 7, 2014
  • Port giant sells minority stake
    SSA, one of the largest terminal operators in the world, has unveiled a new ownership structure that boasts 'significant' new capital for growth
  • Canadian owners seek US rule relief
    The Canadian Shipowners Association (CSA) has asked a New York court to order the Environmental Protection Agency to delay implementation of a US ballast-water regulation
  • Demand for widebeam boxships picking up
    A major chartering deal for wide-beam container ships is fuelling hopes that demand for large modern charter container ships will quickly recover this year
  • STX loses Scandlines ferry deal
    STX Finland's Turku yard has lost the €450 to 500M ($612 to $680M) deal to build two LNG ferries for Scandlines due to its inability to secure a financing package, local daily Turun Sanomat reported on 4 January
  • Libya navy fires on tanker
    A crude oil tanker has been fired upon by the Libyan navy while apparently attempting to enter a blockaded port, Reuters reported
  • China's wool imports increased in 2013
    China's wool imports increased 16% year-on-year to 319,000 tonnes in the first 11 months of 2013, a customs report said
  • Record box ship deliveries expected in 2014/15
    Container trades analyst Alphaliner has predicted that deliveries of new container vessels will reach record levels this year and next
  • Hanjin White delivery set for 31 July
    Hanjin Shipping announced today that it had set the delivery of 4,600teu containership Hanjin White for 31 July
  • Euronav to increase capital by $350M
    Belgian tanker operator Euronav plans to increase its capital by $350M to part-finance the projected $980M acquisition of the 15-vessel VLCC fleet of Maersk Tankers Singapore it announced on Sunday
  • Korean shipbuilders seek more order wins
    South Korea's big three shipbuilders - Hyundai HI, Samsung HI and Daewoo Shipbuilding & Marine Engineering - have set higher goals this year in their new year messages
  • U-Ming Marine obtains bulk carrier
    Taiwanese carrier U-Ming Marine announced yesterday that it obtained a 83,800dwt bulk carrier at the price of $33.8M
  • Eng Kong raises stake in depot business
    Singapore-based integrated logistics operator in Asia Pacific, Eng Kong, has increased its stake in the depot business of Tianjin Keyun
  • Sinotrans shipping orders four ultramaxes
    Hong Kong-listed Sinotrans Shipping has placed new orders at sibling Jinling Shipyard to build four 64,000dwt bulk carriers at an overall cost of $103.2M
  • VLGC rates return to profitable levels
    Rates to haul LPG on VLGCs have returned to profitable levels, as the plunge in Saudi ARAMCO's January contract prices has encouraged trading again

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The Journal of Commerceweb site
JANUARY 7, 2014
  • Stringent California Environmental Regulations Take Effect for Vessels in Transit and at Berths
  • YRC Worldwide, Creditors to Refinance $1.15 Billion Debt
  • Key US Truck Safety Rule Being Readied for Review
  • CBP Advances Pre-Inspection Pilot at Canadian-US Border
  • Panama Canal Proposes Way to Resolve Contractor Dispute
  • P3 on Solid Footing in US, Europe
  • US Ports Shift Focus to Operational Efficiency
  • Maersk to Sell Supermarket Stake to Focus on Containers, Energy
  • Class 8 Truck Orders Surged in December
  • Suez Canal Announces Plan for Logistics Hub

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TradeWindsweb site
JANUARY 7, 2014
  • CSA seeks ballast water aid
    The Canadian Shipowners Association (CSA) has asked a US appeals court to delay implementation of ballast water rules set to go into effect.
  • GUPC's counter olive branch
    Grupo Unidos por el Canal (GUPC) has submitted a counter proposal aimed at cooling down a dispute over the financially troubled Panama Canal expansion project.
  • Princess crewman missing
    The US Coast Guard is hunting for a crew member missing from a Princess Cruises vessel off Hawaii.
  • ACP offers olive branch
    The Panama Canal Authority (ACP) has proposed a $283m plan to prevent a consortium building an already delayed set of locks from suspending the widening project.
  • Koreans to net more
    Rising demand for LNG carriers will help lift order intake at South Korea's main shipyards in 2014, Deutsche Bank says
  • Pemex ships to Europe
    Mexican exporter Pemex is to start shipping Olmeca crude to Europe this month.
  • HSH powers Paragon order
    Paragon Shipping has secured a loan from HSH Nordbank to help fund a double ultramax order in China.
  • Singapore hits new record
    Singapore handled a record number of containers last year but the terminal remained in second place behind Shanghai as the world's busiest.
  • Locked and loaded
    Euronav has the firepower to replicate its $1bn takeover of the Maersk VLCC fleet without the need for further equity raises, RS Platou Markets says.
  • New ports for Suez
    Egypt has shortlisted 14 international firms for a huge new project to develop the Suez Canal region.
  • Star Bulk seals loan
    Star Bulk Carriers has put pen to paper on a loan to pay for a pair of ultramax bulkers on the same day that it took delivery of the second of the two vessels.
  • On a roll
    Footage has emerged of what it is like to be on the bridge of a containership when it is being battered by an Atlantic storm.
  • Pirates free Althea pair
    West African pirates have freed a master and engineer snatched from a Greek-managed tanker last month.
  • DFDS: no appeals
    No appeals have been lodged against a UK judgement suspending MyFerryLink's ban from operating in Dover.
  • Ceona seals Petrobras gig
    Ceona has clinched its first contract for a newbuilding chartered from GC Rieber Shipping.
  • KDIC offloads trio
    Korea Deposit Insurance Corp (KDIC) has made a tidy profit from selling a trio of bulkers into Greece.
  • Nicaragua canal delayed
    Nicaragua will begin work on its huge new $40bn canal at the end of this year.
  • Shots fired at tanker
    Warning shots were fired at a Turkish tanker accused of making an illegal approach to the separatist-controlled Libyan port of Es-Sider.
  • Unipec retains crown
    Unipec has held on to its title as the world's leading charterer of dirty tankers shipping more than twice the volume of its nearest rival in 2013, according to Poten and Partners annual rankings.
  • Pan Ocean issue cut
    Korea's restructured bulker owner Pan Ocean has reduced its $1.17bn debt-for-equity issue after some creditors missed the boat.
  • Cash and carry
    AP Moller-Maersk is set for a $3bn cash boost following the sale of shares in Dansk Supermarked just two days after offloading its VLCC fleet to Euronav.
  • Ares wins ferries
    Turkey's Ares Shipyard has a won a contract to build eight ferries for Qatar.
  • Bourbon sells 18 more
    French offshore group Bourbon has revealed it sold and chartered back 18 more ships worth $528m towards the end of 2013.
  • EOC makes strong start
    EOC has booked a strong start to the new financial year on the back of long term charters for its construction fleet.
  • Sinotrans books four
    Sinotrans Shipping has ordered four ultramax bulker newbuildings at a shipyard in China, it announced Tuesday.
  • Ezion buys liftboat
    Ezion Holdings has acquired a liftboat from three Singapore private equity firms in a deal worth $32.5m.
  • Fortress eyes offshore
    Fortress Investment Group of the US appears to be growing increasingly interested in the offshore sector.

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American Shipperweb site
JANUARY 7, 2014
  • WLS: Capacity drops as Alliance market shares rise
  • EPA: Texas importers must settle Clean Air violations
  • Contradictory reports on Nicaragua Canal start-up
    A BBC report over the weekend found that construction on a canal that runs through Nicaragua would probably not begin until next year, but the AP reported Monday reported that construction will begin in 2014.
  • Maersk parent sells stake in supermarket
    A.P. Moller-Maersk said it is divesting its shares in a Danish supermarket chain, receiving net proceeds of $3 billion and an accounting gain of about $2.5 billion through the deal.
  • Washington Notebook: Truck pilot program set to begin at Peace Bridge
  • $800 million granted for major Texas road projects
    San Antonio transportation leaders and the Texas Department of Transportation today unveiled a plan to allocate more than $800 million to fund expansions of I-10, US 281 and Loop 1604.
  • Union Pacific expands intermodal service
    Union Pacific Railroad announced yesterday a new intermodal service between Laredo, Texas, and Memphis, Tenn., to support growing transportation needs for the automotive manufacturing and intermodal marketplaces.
  • Pritzker to lead Middle East mission
  • Panama reassures industry that Canal expansion will proceed
  • Triton launches LCL exports to Central America
  • DGX enhances ocean services to Latin America
  • Firm developing fuel cell range extenders for FedEx
  • Pilot Freight Services' Raleigh station relocates
  • Executive moves

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The Bunker Bulletinweb site
JANUARY 7, 2014
  • Prices continue falling across Europe
    Quiet market reported in Hamburg.
  • Good demand but tight avails in Fujairah
    Markets soft in South Africa.
  • Gibraltar: Record incursions by Spanish vessels
    Incidents unlawful but not deemed a threat.
  • Bunker removal project was like 'workout at the gym'
    Canadian cleanup cost tens of millions of dollars to recover less than 50 mt of bunker fuel.
  • Change at the top at Andatee
    Chinese bunker player gets new CEO.
  • Singapore: Annual bunker sales flat
    But vessel arrivals and cargo throughput up.
  • 'On spec' product in short supply
    Singapore traders say arbitrage volumes are falling.
  • Iraq increases fuel oil exports
    Nation issues second direct tender offer in two months.
  • De-bunkered fuel oil no longer classed as waste
    EU ruling hinges on whether material is still of use.
  • Maersk: High fuel consumption vessels being withdrawn
    Triple-E containerships: 'The exercise is to become more environmentally friendly.'
  • Bunker prices soft across Asian ports
    Refineries holding back on sales due to falling crude prices, says player.
  • Petrotrin employees suspended as investigations continue
    Action taken to 'ensure the integrity' of the inquiry.
  • 'Eco' tanker under construction in the US
    Ship to feature LNG convertible engine.
  • Asian shipowning giant orders fuel-saving trio
    Ships' design cuts bunker consumption by 12%, according to shipbuilder.
  • NYK: Fuel-saving activities produce results
    NYK returned to the black for first half of its current fiscal

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