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23 September 2021 The on-line newspaper devoted to the world of transports 23:10 GMT+2




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Sched Netweb site
MARCH 8, 2016
  • OOIL profit up 4.7pc, revenue down 8.7pc as boxes earn 10pc less
  • Premier Li targets China growth range of 6.5-7pc for 2016
  • Hapag-Lloyd focuses on special, out-of-gauge cargo on containerships
  • Indonesian logistics providers look to double-digit growth in 2016
  • US again hits China steel with 266pc duty after complaints of dumping
  • Cargo surges from mega ships to test US east and west coast ports in 2016
  • British UK freight firm DB Schenker Rail re-brands as DB Cargo UK
  • Caixin-Markit PMI slips from 52.4 in January to 51.2 in February
  • Intermodal rail freight makes 9.3pc gain between Hamburg and Austria in 2015
  • Indian Register of Shipping to open two more SE Asia offices within 2 years
  • United heralds return of CEO Oscar Munoz after heart transplant
  • US Commerce Department to place export restrictions on Shenzhen's ZTE
  • Air China to start thrice weekly Chongqing-Dubai flights April 2
  • Delta air cargo sales fall 12.6pc in February, 10.8pc year to date
  • Qatar Airways Cargo tonnage up 37.5pc to 1.52 million tonnes 2015
  • Hong Kong Airlines launches daily flights to fruit-growing Okayama, Japan

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Exim Indiaweb site
MARCH 7, 2016
  • CMA CGM deploys its flagship fleet between Asia & US West Coast
  • TNL Logistics wins Allcargo Premier League inter-companies football tournament
  • Electronics goods imports increase 15 pc
  • 'Mission Resurge-Chennai Port' yielding results
  • APM Terminals Pipavav collaborates with Tata Trust CSPC for Kharash Vistarotthan Yojana project in Rajula
  • Base oil storage tank terminal to come up at Chennai Port
  • Liquid cargo handling at JN Port's shallow draught berth crosses 1 mt mark
  • Mumbai Port handles record automobile throughput
  • South Korean Consul visits Mumbai Port to confer on MIS-2016
  • AMTOI's March 9 seminar to discuss implications of service tax on cargo fraternity
  • Highway construction rose 61 pc during April-Dec. 2015
  • Major freight corridor contract awarded
  • Budget 2016-17 - Changes in Customs duties w.e.f. April 1, 2016
  • Gammon Infrastructure completes first tranche of stake sale in nine projects
  • Govt plans to spend INR 2.67 lakh cr. under Bharatmala project
  • Govt to impose anti-dumping duty on chemical from 6 countries
  • Growth in eight core sectors jumps to three-month high of 2.9 pc in Jan
  • Tax changes proposed in Union Budget 2016-17

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International Transport Journalweb site
MARCH 8, 2016
  • MOL to the rescue
  • Freight trains through the desert
  • Droog to chair new Tiaca group
  • More options from US railcar maker
  • And the winner is - ICTSI
  • Cargolux and Oman Air more often to India
  • Sievert sets up bigger shop in Netherlands
  • Standardisation - the name of the game
  • Building up network around Great Lakes
  • Handsome reimbursement for SAS
  • Ditlev Engel - DNV GL's new energy head
  • Driving round the clock
  • Multipurpose trailers join Dutch logistician's fleet
  • Support for Hamburg's maritime cluster
  • Singapore improves aircraft tracking
  • New office in Ankara
  • Braemar plumps for problem solver as MD

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IHS Maritimeweb site
MARCH 7, 2016
  • CMA CGM profits dip 3% in 2015
    French container line operator CMA CGM saw consolidated net profits dip nearly 3% year on year to USD567 million in 2015 as the group was hit by the industry-wide slump in freight rates. CMA...
  • Belgium ratifies Ballast Water Convention
    Belgium today became the 49th country to ratify the Ballast Water Management Convention, bringing the treaty one step closer to entering into force in 2017. In order for the treaty to take effect, 30 states, representing 35% of world merchant shipping tonnage, must ratify it. With...
  • Brittany Ferries reports 'significantly positive' 2015
    Leading French ferry operator Brittany Ferries registered "significantly positive" results in its latest financial year after strong growth in freight and passenger revenues. Revenues rose by 12% to EUR476.7 million (USD524.4 million) in the financial year ended 31 October but the company...
  • DEME tests laser cladding to boost cutter teeth
    Belgian dredging major DEME has signed a three-year co-operation agreement with Flanders-based research and technology organisation VITO's spin-off laser cladding venture (LCV) to explore laser cladding technology to strengthen cutterhead teeth used by heavy-duty cutter suction dredgers (CSDs). The deal follows a successful pilot project...
  • What maritime Millennials need to know
    Human resource managers have long been worried about how to keep their best people. Engineering businesses seem to have no idea how to attract school leavers to their discipline. Shipping companies are fed up when they watch talented high-achievers walk away for just a few dollars more. Understanding why the...
  • Boskalis to take over VolkerWessels offshore and marine businesses
    Dutch dredging and marine services group Boskalis has signed a letter of intent to acquire the offshore and marine energy activities of Dutch construction group VolkerWessels. The transaction, which Boskalis hopes to be complete during the second quarter, involves the takeover of three VolkerWessels companies. Boskalis...
  • Epic Gas seals time-charter with Shell
    Singapore-based pressurised gas carrier owner Epic Gas has secured a time-charter with Royal Dutch Shell for a newly built vessel. Market sources told IHS Fairplay that the 7,500m3 Epic Borinquen, which was delivered to Epic Gas on 29 February from Sasaki Shipbuilding in Japan, is due to commence...
  • Shipbuilder DSME suffers USD4.2 billion loss
    South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering has posted a record loss of KRW5.1 trillion (USD4.2 billion) for 2015, reversing a KRW33 billion profit for 2014. The massive loss was widely expected after the shipbuilder admitted in July 2015 to concealing KRW3 trillion in losses from offshore plants and is restructuring...
  • China Navigation fined USD129,500 for air pollution breach in Californian waters
    Singapore-based ship manager, China Navigation was fined USD129,500 after failing to comply with California Air Resources Board (CARB) in switching to low sulphur fuel bunker when entering coastal waters. According to CARB, Chenan, a...
  • Adani Bunkering eyes Singapore bunker market
    Fresh from exiting a joint venture, the renamed Adani Bunkering has set its sights on Singapore, the world's biggest bunkering port by sales volumes. Formerly known as Chemoil-Adani, the company was set up in 2008 as a...
  • Colombo Dockyard renegotiates newbuilding orders
    Sri Lanka's Colombo Dockyard says it is renegotiating newbuilding orders with customers hit by the sharp drop in oil prices. The yard's orderbook consists of several multipurpose platform supply vessels (MPSVs) and anchor-handling tug supply (AHTS) vessels. The yard, which books profits on vessel delivery, said in...
  • Hyundai survival may depend on Hanjin merger, analyst says
    Hyundai Merchant Marine and Hanjin Shipping would stand a better chance of surviving their crushing debts if the carriers were merged, something that maritime consultancy Drewry believes is now a distinct possibility.The London-based analyst said in its Container...
  • Melbourne port privatisation set to go ahead
    The privatisation of Australia's biggest container terminal, the Port of Melbourne, is finally expected to go ahead in the coming days following news that a political impasse blocking the long-term lease has been broken. An announcement is expected to be made in the Victorian state parliament on...
  • Rising consumption and exports to drive Djibouti throughput growth
    Djibouti Ports & Free Zones Authority (DPFZA) expects throughput at Doraleh Container Terminal (DCT) to expand by 3% in 2016 to just over 861,000 teus, driven primarily by expanding domestic consumption in Ethiopia and Djibouti. The government body that oversees the development and promotion of port operations and...
  • Solid 2015 result shows G6 alliance works for OOCL, says CFO Tung
    Hong Kong-listed OOCL is committed to remaining with the G6 Alliance, said chief financial officer Alan Tung, but "everyone is talking to everyone" as two huge M&A deals threaten to redraw the alliance structures by the end of the year. "Are industry leaders talking to each other? Of course...

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The Loadstarweb site
MARCH 7, 2016
  • Middle-class consumers will keep tradelanes moving as the globalisation trend weakens
  • US agrees to remove air cargo veteran Jaideep Mirchandani from list of restricted exporters
  • Disastrous fourth-quarter for container shipping has 'dramatic' effect on OOCL financial results
  • EU court upholds €169m antitrust fines for multinational forwarders
  • TIACA's new forum to hear the 'missing' voice of the shipper
  • UPS pilots challenge cargo exclusion from rest rule in court

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Marine Logweb site
MARCH 7, 2016
  • VIDEO: LPD 26 completes builder's trials
  • Lloyd Werft adds to its leadership team
  • Siemens solution for Finnish battery powered ferry
  • Cyprus Maritime Academy gets access to BSM training center
  • CARB fine follows failure to switch fuels
  • MTU to power largest yacht yet built in Turkey
  • Senators introduce icebreaker bill
  • Wartsila: "deviations" in some fuel tests

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World Wide Shipperweb site
MARCH 7, 2016
  • International Trade Administration reports drop in goods/services numbers
  • Alaska Air Cargo changing freight shipment pricing scheme
  • Coast Guard honors pair with Person of the Year awards
  • Cargill taps Jan Dieleman as Ocean Transportation boss
  • CBP releases 2015 totals for U.S. imports, exports

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Lloyd's Listweb site
MARCH 7, 2016
  • VLCC spot rate soars $10,000 in one trading day
    This is the kind of volatility owners are looking for this year, hoping for spikes to bolster bottom lines
  • Mixed fortunes for east-west box volumes in January
    Transpacific traffic on the up as Asia-Europe volumes continue to disappoint
  • Strong volumes underpin CMA CGM results as freight rates slide
  • Belgium nudges Ballast Water Management Convention closer to ratification
    Fourth nation signs up to Hong Kong Convention
  • MCA promotes Katy Ware to safety director
    Senior civil servant retains IMO role
  • The final countdown
    Container weighing is coming, like it or not, and the US needs to get on board. Now
  • Wärtsilä in reputation battle following revelation of falsified fuel data
    Finnish engine maker says it is acting swiftly following news that staff falsified fuel consumption results ahead of engine deliveries to shipowners
  • Clarksons turns a profit but remains concerned about challenges
    Offshore and dry bulk continue to exert downward pressure, while tankers are buoyant
  • Ueda steps down at ClassNK
    Chairman's eight-year reign comes to an end in class society's management shuffle
  • North Korean ship held in Philippines as China bans port calls
    Further restrictions from Seoul expected tomorrow, as UN sanctions bite
  • Product tankers to deliver gasoline cargoes to Iran
    Early movers take advantage of risk premiums
  • ICBC Leasing to order 10 new valemaxes
    Newbuildings will be backed by a 25-year contract of affreightment with Vale
  • Malaysia's Petronas vies for world's first FLNG vessel deployment
    Petronas in stiff competition with a handful of other projects and is ahead by just a few quarters
  • Gard will not seek out P&I merger, Roppestad confirms
    But world's biggest club will consider approaches on merit, says chief executive
  • Qatargas makes first Q-Flex delivery to Pakistan under new deal
    Nakilat's 106,898 dwt Al Gattara carries cargo from Ras Laffan to Pakistan's Port Qasim
  • Peel Ports picks Richard Goffin as Great Yarmouth port director
    Appointment marks the start of an exciting period of growth at Great Yarmouth, says Peel Ports chief Mark Whitworth
  • Port of Tilbury to see major expansion project
    Operator Forth Ports looking to invest $142m to develop infrastructure and facilities
  • Port of Rotterdam inks international commodity pact with European authorities
    Move to help overcome barriers to residual and raw materials trade in Europe
  • APL pioneers premium-priced product on transpacific box trades
    Forthcoming annual contract negotiations will show if shippers are prepared to pay extra for an expedited service
  • Statoil to terminate rig contract with China Oilfield Services unit
    Oil major suspends one contract and terminates another, but says decision will not have impact on long term production at Troll field
  • Oakland fights back after Outer Harbor shock
    Executive director Chris Lytle hopes arrival of ULCs on Pacific could be opportunity to attract cargo from southern Californian ports
  • Industry divided as European Ports Directive gets third vote in parliament
    UK ports call for private port exemption from proposed EU rules
  • The big conversation
    Shipping's top diplomat insists that political consensus in shipping is only a conversation away. He may well be right
  • The last breath
    Deaths in enclosed spaces take a remorseless toll of human life in the shipping industry, so why isn't more being done to stop them?

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The Journal of Commerceweb site
MARCH 7, 2016
  • Drayage firms bear brunt of supply chain cost increases
  • US Coast Guard, World Shipping Council work to clear up SOLAS confusion
  • Santos volume up, but labor strife looms as jobs are cut
  • Reefer shippers value quality service and equipment
  • CMA CGM posts higher volume, lower profit for 2015
  • Mega-ships come under fire for hiking supply chain costs
  • Major India ports post modest container growth
  • Djibouti's Doraleh Container Terminal benefits from domestic consumption
  • Alliance shakeup will produce year-long disruption, Maersk says
  • HMM, Hanjin have better odds surviving together, Drewry says
  • OOCL committed to G6 as liners discuss new alliances

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TradeWindsweb site
MARCH 7, 2016
  • Oceanex sues over rival's Ottawa support
    Canadian shipowner files federal legal action against compatriot outfit's subsidies.
  • Eagle in fast lane as shipping rally rolls on
    Bulker owner's shares more than double on another day of skyrocketing shipping stocks.
  • Paragon boosts offering in bond effort
    Price of troubled bulker owner's Nasdaq-listed notes surge 24% after investors offered more to hand over senior notes.
  • Korea's mid-sized yards struggling
    Outside the big three, orderbooks are down to less than a year in deathly quiet market.
  • Vafias family buys bargain capesize
    Greek shipowner's deal said to be the lowest paid for such a ship since the early 1990s.
  • Ueda steps down at Class NK
    Japanese classification society replacing president with deputy Fujiwara.
  • Philippines yards cry out for tax breaks
    Politician Jesulito Manalo said domestic shipbuilders need incentives just like overseas rivals.
  • Judge refuses pre-trial win against Norfield
    Scandinavian Bunkering's claims against Vestland affiliate in Texas litigation not strong enough for judgment now.
  • SeaBird adds purchase option to contract
    Seismic vessel owner extends the leasing period for one of its vessels and includes acquisition clause.
  • Eagle Bulk wins two more days for talks
    Bulker owner continues to extend forbearance agreement with lenders.
  • DNB takes brighter view on Golden Ocean
    Norwegian finance house upgrades owner as China's new five-year plan shows new initiative.
  • Clive Palmer sells ultramax fleet
    Australian politician and mining tycoon's parliamentary register reveals disposal of four shipping companies owning ultramaxes.
  • Two crew die in tanker blast
    Indian nationals killed in boiler explosion on Panama-flagged ship off Oman.
  • MMS Maritime boosts tanker crew numbers
    Indian shipmanager sees 25% increase in seafarer roster in 2015; 90 crew still needed.
  • Thenamaris sells first tanker in five years
    Greek owner said to have offloaded a products tanker marketed for several months.
  • Five dead in Rafelia 2 sinking; master missing
    Indonesia halts search for missing captain after ferry capsized on Friday.
  • Boskalis bolsters offshore wind presence
    Dutch company acquires 100% of its compatriot joint venture partner VolkerWessels.
  • Irish Continental proposes bigger dividend
    Ro-pax and containership owner maintains optimistic outlook for 2016 after strong operational result last year.
  • Is 2016 set to be top of the demo charts?
    Clarksons' figures suggest new record could be in store for bulker scrapping.
  • Shipbuilder DSME books $4.3bn loss
    Korean yard looks to gas after offshore slump stains 2015 balance sheet.
  • Wartsila finds fuel test "deviations"
    Finnish ship power group blames rogue workers in Italy for influencing engine results.
  • Wisdom makes move into LPG shipping
    Taiwanese bulker owner diversifies into gas with vessel order at Murakami Hide in Japan.
  • Clarksons pushes up 2015 profit
    UK shipbroker also sees revenue rise as it finds ways to increase market share in the shipping slump.
  • Wisdom Marine makes move into LPG shipping
    Taiwanese bulker owner diversifies into gas with vessel order at Murakami Hide in Japan.
  • Aussie navy stops arms shipment reaching Somalia
    Close to 2,000 AK-47s destined for former piracy hot spot recovered from fishing boat off coast of Oman.
  • OOIL profit edges up, but it remains uncertain over 2016
    Year started well for Hong Kong owner, but supply and demand imbalance eventually took its toll.
  • Statoil opts to chop two more COSL rig charters
    Norwegian energy giant has cut short three contracts with Chinese operator in nine months.
  • Injured master airlifted from Almi tanker
    US Coast Guard called to the rescue after leg injury.

news on subscription
American Shipperweb site
MARCH 7, 2016
  • NEWS FLASH: CMA CGM earnings, revenues drop despite increased volumes
  • OOIL boosts profits in 2015 despite declining revenues
  • OHT closure causes congestion to grow in Oakland

news on subscription
The Bunker Bulletinweb site
MARCH 7, 2016
  • European ferry operator DFDS' fuel use at all-time low in 2015
    Company also installed scrubbers on another six vessels
  • Wartsila audit reveals 'deviations' in fuel consumption tests
    Says 'a limited number of personnel' at Italian test center were responsible.
  • GAINN Project to support development of LNG bunkers in EU
    Partners from six EU countries participating in bid to identify both supply and ship solutions.
  • Singapore 380 CST HSFO cash differential flips to premium on tight April supply
    Supply from the West to East, including China and North Asia, is expected at around 2 million-4.3 million mt in April.
  • TANKERS: Worldscale rates rise at Vietnamese offshore terminals
    Higher rates due to introduction of navigation dues at terminals.






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