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25 September 2021 The on-line newspaper devoted to the world of transports 00:22 GMT+2

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Sched Netweb site
JANUARY 7, 2016
  • Big east-west shippers see 2015 contract rates fall as much as 14pc: Drewry
  • Baltic Dry index slides to all-time low as China bulk imports slacken
  • Ningbo-Zhoushan port creeps up on Hong Kong - tops 20 million TEU in 2015
  • Beijing to spend US$460 billion on new railways over next 5 years
  • Kuehne + Nagel picks Singapore as base to serve ASEAN region
  • Danes check out business deals in Iran, Maersk in talks, MSC makes move
  • China's November services trade deficit widens to US$15.6 billion
  • Taiwan opposition leader says cross-strait semiconductor deal too risky
  • New York-New Jersey November box volume up 3.3pc to 500,608 TEU
  • Hong Kong-listed builder to study feasibility of Nova Scotia box shop
  • Big challenges loom in British forwarding in 2016, BIFA chief warns
  • CP-NS railway bid part of renewed trend of cross-border mergers
  • CN and CP fined US$6.4 million for overcharging for grain haul
  • Israel creates first aviation cyber innovation security centre
  • IATA expects weak demand for air freight to continue into 2016
  • Top Nigerian aviation consultant says sector restructuring long overdue
  • FedEx Freight changes booking system to base rates on US zip codes

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Exim Indiaweb site
JANUARY 6, 2016
  • ASSOCHAM conference to deliberate on Coastal Shipping & Inland Waterways as Catalysts for Maritime Development
  • Spot rates see all-round surge
  • Adani Ports & MSC's Terminal Investment to jointly develop major transhipment hub at Mundra Port
  • Ravi Parmar appointed full-time Chairman of Kandla Port Trust
  • Truck rentals down by 2-2.5 pc in Dec. 2015
  • INR falls sharply against dollar
  • Manufacturing PMI contracts for first time since Oct. 2013
  • Assocham Conference Programme
  • Businesses expect to recover in global trade, says survey

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International Transport Journalweb site
JANUARY 7, 2016
  • Hawaiian names new rep for South Korea
  • Algerian forwarder invests in trucks
  • Semitrailer starts life with a cruise
  • Eco ISO for Lan Cargo
  • Gecas selects SVP for cargo programs
  • Leviathan in London
  • New CSO for freight car provider
  • Single shelter for rail forwarders
  • Latin American cargo decline continues in November
  • Congratulations to ISS
  • Agility collars contract in Japan
  • Trailer maker names successor for sales division
  • Saudi Arabia suspends services to/from Iran
  • Marked modal shift in Switzerland
  • Container carrier back to Iran
  • Imperial snaps up Van den Anker

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IHS Maritimeweb site
JANUARY 6, 2016
  • Multi-purpose survey vessel coated with Ecospeed in Poland
    In November Ecospeed was applied on the hull of the multi-purpose research vessel Imor in Gdansk, Poland. The 32,5-meter catamaran is owned by the Maritime Institute in Gdansk and was designed to perform a range of tasks such as oceanographic measurements, hydrographic or geophysical operations and bottom inspection. Due to...
  • Fishers Pulse 8X metal detector rated #1 by Homeland Security
    JW Fishers Pulse 8X has been rated the best underwater metal detector by the US Department of Homeland Security's SAVER program. The System Assessment and Validation for Emergency Responders (SAVER) program was established to assist emergency responders making procurement decisions. Located within the DHS Science and Technology Directorate, the SAVER...
  • Surprise Gift: Port Everglades Breaks Its Own Single-Day Passenger World Record
    BROWARD COUNTY, FL -- Officials at Broward County's Port Everglades knew Sunday, December 20,2015, was a busy cruise day, but they didn't realize how busy. Port Everglades actually broke its own world record for the most cruise passengers to embark and debark in a single day - 53,485 guests. The...
  • APM Terminals Pier 400 Los Angeles Sets New Record with the Largest Container Ship Call ever at a US Port
    The newly launched 18,000 TEU-class capacity CMA CGM Benjamin Franklin deployed on maiden voyage for French-based line's trans-Pacific Pearl River Express Service linking major ports in China with US West Coast. - 11,200 containers handled during 56 hours of port operations, including one shift of nine cranes at 29 gross moves...
  • Small, Thin Genset Muffler Fits In The Tightest Of Spaces
    Fitting a generator and its exhaust system into a new build or a retrofit can be challenging, especially in a confined engine room. Marine Exhaust Systems solves the space problem with its new whisper-quiet Series 4 Thinline Wall Pack Generator Muffler. Currently designed for up to 35 kW gensets, the muffler...
  • RINA - QinetiQ Maritime Innovation Award
    Innovation is key to success in all sectors of the maritime industry, and such innovation will stem from the development of research carried out by engineers and scientists in universities and industry, pushing forward the boundaries of design, construction and operation of marine vessels and structures. The Royal Institution of...
  • Cruise ship Marco Polo leaves Damen Shiprepair Vlissingen after 10th Special Survey
    Damen Shiprepair Vlissingen (DSV), part of Damen Shiprepair & Conversion (DSC), has said farewell to Marco Polo, the 800 passenger cruise ship owned by Global Maritime and operated by Cruise & Maritime Voyages. Launched in 1964 as the Aleksandr Pushkin, she was in for her 10th special survey and general...
  • Adani to expand its JV terminal with MSC outfit at Mundra Port
    Adani Ports and Special Economic Zone Ltd (APSEZ) has announced expansion of the container terminal it runs at Mundra port in India's northwestern state of Gujarat through an equal joint venture with Terminal Investment Ltd S A and convert it into a transhipment hub for the Middle East and South...
  • Jaya settles dispute with MMA
    Singapore-listed Jaya Holding has entered a settlement deed with MMA Offshore Asia (MMA) over alleged breach of warranties in the purchase of its offshore marine businesses. Both parties have reached a full and final settlement of the arbitration proceedings, effective today. According to Jaya's filing to Singapore stock exchange, the company and...
  • Havila Shipping seeks way out of financial difficulties
    Havila Shipping, the listed Norwegian offshore services company, has entered into an agreement with its secured and unsecured bank lenders to reduce amortisation for three years, postpone maturities and replace all existing covenants, subject to bondholder approval and a minimum NOK 200 million equity issue. The agreement calls to cut annual...
  • NYK to shed assets as volatile markets bite
    Credit: Daniel FerroJapan's Nippon Yusen Kaisha could sell or scrap more ships as its chief Tadaaki Naito declared the company would keep assets light in volatile businesses, in his New Year message. Naito alluded to the container and dry bulk sectors, which are grappling with structural overcapacity. He said, "The outlook for...
  • Weaker Chinese fuel oil demand to weigh on tankers
    A VLCC, pictured. Photo: Southern Cross MaritimeVolumes of fuel oil imported to China are expected to continue to fall, reducing long-haul fuel oil trades on VLCCs and suezmax tankers, according to a report issued by Italian shipbroker Banchero Costa. China is the third-largest global importer of fuel oil but imports have...
  • Oriental Energy sets up Singapore office
    Chinese LPG importer Oriental Energy has opened an office in Singapore as it looks to expand trading and chartering operations. China is set to import high amounts of LPG to feed its propane dehydrogenation plants, with imports expected to top 8 million tonnes of LPG for 2015. Representatives of LPG shipping companies and trading...
  • Chinese shipyard declared bankrupt
    State-run shipyard Zhoushan Wuzhou Ship Repairing & Building Co Ltd has been declared bankrupt by a local court in Zhejiang province. According to sources, Zhoushan Immediate People's Court has accepted a filing by Zhejiang Shipping Group regarding the bankruptcy of its subsidiary shipyard, following an accumulation of debts of about RMB911...
  • MSC restarts Iran service
    Photo: AffeldtMediterranean Shipping Co has resumed calls to Iran after suspending services in 2012 in response to trade sanctions imposed on Tehran for its nuclear programme. The Geneva-based carrier partially restarted operations in April 2014, using a third-party feeder service that enabled cargo to be transhipped at Jebel Ali, Dubai...
  • Port productivity not a priority for lines, says terminal operator
    Photo: PAShipping lines are showing more interest in working with terminals to improve port productivity but it is not prioritised and there is a huge opportunity for improvement in the area, according to a major multi-location terminal operator. The operator introduced pricing incentives for better productivity to its commercial contracts with...
  • Crew is safe and ship ready to go, says Swiber
    Singapore-listed offshore services provider Swiber Holdings has confirmed with IHS Fairplay that no crew was injured from its ship running aground in Mexico. Moreover, Swiber told IHS Fairplay that the 1,475 dwt anchor handling tug supply, Swiber Torunn, did not sustain any damages after encountering strong winds and rough sea swells on...
  • China's Honghua enters Middle Eastern market with rig order
    Hong Kong-listed rig-builder Honghua Group has secured an order of an ultra-deep drilling rig with Kuwait Drilling Company (KDC) worth HKD194 million (USD25 million). The contractual price for the construction of the rig is relatively low after taking account of its specification and capability for operating in harsh environments. The contract...
  • Box ship sales to pick up in January, says shipbroker
    London-headquartered shipbroker, Braemar ACM, expects sale and purchase activities of container ships to pick up in January. Braemar ACM said that the anticipated low pricing for the container vessel market will attract more buyers. According to the shipbroker, one of the telling signs for the increased activities is in the 2,000...

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The Loadstarweb site
JANUARY 6, 2016
  • 'Protectionist tactics': Etihad anger at court ruling on airberlin codeshare flights
  • BIMCO's high hopes for 2016 already waning
  • Analysis: the 'Black Horses' that may find riding out a sluggish freight market difficult
  • ANA first Japanese carrier to buy 'non-cargo-friendly' A380s
  • Zim delays New York IPO due to weak market conditions
  • DB Schenker has competition concerns after ORR probe into box rail markets
  • Seoul-Incheon's Kwang-Soo Lee appointed to TIACA board

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Marine Logweb site
JANUARY 6, 2016
  • DNV GL issues update on Tier III NOX regs
  • First X-Stern hull arrives at Ulstein Verft
  • EU funded project develops new bridge designs
  • Crowley Maritime promotes Kerri McClellan
  • Polarcus to restructure, could still face impairment charges
  • Alfa Laval names Ross Glendinning Senior VP, Service
  • Denmark seeks tougher sulfur emission limit enforcement
  • W&O acquires EMI

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World Wide Shipperweb site
JANUARY 6, 2016
  • Longview Port Commission terminates current CEO
  • Drewry's Benchmark Club reports freight rates down during fourth quarter
  • Crowley Maritime names McClellan vice president/deputy general counsel
  • Port of Port Angeles cancels airport modification public meeting
  • Agreement with Chembulk Tankers expanded by Inchcape Shipping

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Lloyd's Listweb site
JANUARY 6, 2016
  • Panamax steady amid fresh BDI lows
    Despite slight rebound at end of 2015, fundamentals kick in to draw down rates
  • Prime Shipping orders two chemical tankers with Chinese shipyard
    Tanker company has an option to add two more to its orderbook
  • Baltic Dry Index hits record low second day in row
    Oversupplied markets drag overall index down
  • Product tanker rates mostly up on light distillates flows
    But market not yet in full action after holidays
  • CMES secures $76m time charters with BP and CPC
    China Merchants Group unit also sells six ageing handymax bulkers
  • Polarcus agrees debt restructuring with stakeholders
    Low case forecasts still see cash exhausted in 2017
  • Ningbo Zhoushan Port Group to complete restructuring
    Zhejiang province eyes further consolidation of the regional port industry
  • Challenging year blunts share traders' preferences
    Shipping companies' preferred shares fell during 2015 with most dry cargo issues ending at steep discounts to par value
  • Asian shipping lines resume calls to Iran
    Hanjin, HMM, Evergreen started Iran port calls in 2015
  • Lloyd's List most read stories 2015
    A strong showing by the ever-popular Lloyd's List Top 100 and Next Generation, while the world's biggest ship MSC Oscar continued to turn heads, the Costa Concordia master continued to raise eyebrows and Hoegh Osaka just simply turned over
  • Mitsubishi-led consortium sells stake in Brazil shipyard amid slowdown and scandals
    Price tag for sale of the 30% stake is said to be 'symbolic'
  • Angelicoussis confirmed as buyer of Star Bulk and Scorpio capes
    Fresh seven-vessel haul puts Greek owner at forefront of industry 'big guns' snapping up big bulkers in distress
  • Gener8 Maritime sells MR tanker for $17.5m
    Gener8 Consul will be delivered to buyer next month
  • North Europe container volumes forecast to continue decline in 2016
    The way only a few industries are still shifting sourcing and output to Asia may be contributing to the slowdown, says Hackett report

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The Journal of Commerceweb site
JANUARY 6, 2016
  • US truck capacity still climbing toward peak, latest data show
  • Ports America to operate Baltimore intermodal facility
  • KCS 'cautious' going into 2016
  • West Coast ports' volume up in November
  • Teamsters file labor charges against New England trucking firm
  • JDA's transportation management software to use Inttra
  • Ukraine to drastically overhaul customs processes
  • Air France faces fresh strikes
  • Trans-Atlantic tops other container trades in profitability prospects
  • Adani Group and MSC aim to make Mundra India's largest port
  • Slide show: Trends poised to shape 2016
  • Lines need to cooperate with ports to boost productivity, terminal exec says
  • DP World: We are trying to restore normalcy at Nhava Sheva Terminal
  • Modest round of GRIs planned before Chinese New Year
  • Contract rates follow spot market decline on major trades, Drewry says

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TradeWindsweb site
JANUARY 6, 2016
  • Second export cargo loads at Enterprise
    Aframax tanker Angelica Schulte pulls up to Enterprise Product Partners dock in Texas.
  • Gasoline moves push up clean tanker rates
    Mild weather in US East Coast keeps drivers on the road, fuelling tanker trade from NWE
  • Crewman dies on Japanese bulker
    ITF pushes for inquest into death of Filipino on board Nissen Kaiun capesize off Australia.
  • Gasoline moves push rates
    Mild weather in US East Coast keeps drivers on the road, fuelling tanker trade from NWE
  • Golar buys back shares
    The LNG carrier owner and operator said the buyback was part of swap agreement.
  • Two saved from sinking tug
    US Coast Guard rescues crew from capsized vessel off New Orleans.
  • Crewman dies on bulker
    ITF pushes for inquest into death of Filipino on board Nissen Kaiun capesize off Australia.
  • Ro-pax blocked in Marseille
    French workers target first call of Corsica Linea ship as ferry war with privatised SNCM hots up.
  • Stabbert buys pipe-layer
    US shipowner builds fleet by taking Deep Constructor from Technip.
  • China VLCC locks in pair on period deals
    Parent China Merchants also warns of small loss following disposal of veteran bulkers.
  • Mercator "quitting Singapore"
    Banks could take over assets of Indian owner's Lion City bulker subsidiary, TV report claims.
  • Polarcus seals $587m restructuring
    Middle East owner agrees debt and charter reduction package as it bolsters finances.
  • Greeks top second hand spending in 2015
    Allied data shows Hellenic owners outspent international rivals in each core area during 2015.
  • Berg in at Wilhelmsen
    Retiring CFO Nils Dyvik to be replaced by private equity executive.
  • Australian tug crews to go on strike next week
    Operations in the country's biggest ports likely to be disrupted if workers walk over labour agreement.
  • TAG Offshore adds AHTS
    Indian owner buys 1999-built vessel formerly operated by France's Bourbon.
  • Danske upgrades GasLog after falls
    Bank places buy rating on shipowner after "unjustified" selldown in December.
  • Riverside signs lease
    New ferry service to Vancouver is a step closer after deal with harbour authority.
  • Japanese pulling out
    Shipbuilders to give up stake in Brazilian yard Ecovix due to low oil price and Petrobras scandal.
  • Boxship delayed at Hanjin
    Korean shipbuilder pushes back $72m vessel by three months.
  • HAL no-brainer
    Federal judge overturns $21.5m judgment against Holland America Line.
  • Betting on big, Gener8 sells smallest ship
    Georgiopoulos says New York tanker owner focusing on larger vessels as it unloads MR.

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The Bunker Bulletinweb site
JANUARY 6, 2016
  • 'Agreement in Principle' for recycling plant in Abidjan
    Ecoslops on course to meet its growth objectives.
  • Oil prices losing ground
    Brent touches an 11-year low.
  • Platts Report: China Oil Demand Grew 1.5% Year over Year in November
    Fuel oil, gasoil demand contracts.
  • Falling bunker prices help drag down freight rates
    But some of the fall was the result of carriers granting shippers reductions to secure cargo.
  • Japan's JX settles Q4 fuel oil prices down around 17-19% on lower costs
    JX's fuel oil prices are used as benchmarks by industrial buyers in Japan.
  • High sulfur fuel oil Med-North arbitrage seen open on weaker NWE
    Increased bunker demand in the Med to be partially covered by NWE cargoes, sources have said.
  • Port of Rotterdam sees record number of VLCCs for fuel oil in 2015
    'Demand for fuel oil is slightly lower.'
  • OW: Ship arrest denied
    US court spurns ING move.
  • Bomin's bid for to buy bankrupt bunker player collapses
    But Bomin has purchased some of the company's bunker inventory.
  • External: Global Risk Management
    Bunkerworld Latest News / 21h
  • Danish sniffer data suggest better ECA compliance than EU average
    However, data for EU non-compliance figures are calculated differently.
  • South Korea orders bunker tanker registration
    Vessels have until mid-2017 to comply.

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