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24 September 2021 The on-line newspaper devoted to the world of transports 23:55 GMT+2

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Sched Netweb site
JANUARY 12, 2016
  • Tianjin blast has less impact on insurance than fall in commodity prices
  • APM Terminals takes over Petlim Turkish container port in Izmir
  • China may well have a 'hard landing' amid credit bubble, says Marc Faber
  • Dark days ahead for container shipping, say Drewry analysts
  • Dairy giant Fonterra exports record volumes, but 2016 outlook glum
  • S&P cuts Hong Kong's Noble Group rating to junk after Moody's downgrade
  • Great Lakes and Seaway carriers expect another bleak year
  • Women in Trucking contracts MindShare Strategies to build skills
  • IATA: Carriers must brace for air cargo surge when July box weigh-ins apply
  • Air China to buy six Boeing 777-00ERs for less than US$2.05 billion
  • Forward Air shares are given sell rating by Zacks Investment Research
  • Slowdown in China's manufacturing output drags down air cargo demand in Asia

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Exim Indiaweb site
JANUARY 11, 2016
  • BIMCO's analysis of the shipping market in 2015 & looking forward
  • East-West shippers see sharp decline in contract rates
  • Go-slow continues to impact operations at NSICT
  • JN Port does well in a challenging 2015
  • Krishnapatnam Port Co. inks agreement with govt of Andhra Pradesh & Petrogas Pvt. Ltd for setting up a LNG Regasification Terminal
  • Work on Sagar deep sea port project to commence in March: Gadkari
  • DFC likely to award contracts worth INR 10K cr. by March
  • Highway Ministry to use aircraft to observe projects
  • Devaluation of yuan to make imports from China cheaper: Sitharaman
  • INR plunges on heavy dollar demand
  • IVRCL bags contracts worth INR 351 cr. in Karnataka

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International Transport Journalweb site
JANUARY 12, 2016
  • ITJ exclusive: Stern replaces Kunz
  • China planning high-speed freight train
  • Seasoned executive joins NGL
  • ITF turns its eyes on Portland
  • BBC Chartering sets up shop in London
  • UAE: rail operator and forwarder ink pact
  • Aeromexico nonstop Mexico-Narita
  • Expanded intermodal facility in Gdynia
  • EU splashing out on plethora of projects
  • Port of Vienna implements managerial change
  • Fatal West Atlantic crash near Norwegian border
  • Decline in airfreight volumes bottoms out
  • Senior advisor for Röhlig
  • Resigning but remaining
  • Rising demand for transport to Scandinavia
  • Myanmar concession awarded to Kerry
  • China's NDRC fining international shipping companies

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IHS Maritimeweb site
JANUARY 11, 2016
  • SK Shipping seen as stable
    SK Shipping, South Korea's third biggest shipping company, has maintained its credit rating at A2- by the Korea Ratings Corporation. Since December 2013, when it was downgraded from A2 to A2-, SK Shipping has maintained that rating, a positive sign considering that its two bigger compatriot peers, Hanjin Shipping and Hyundai...
  • Regulation insight: Steadying the ECDIS course
    As 2015 drew to a close, the United Kingdom Hydrographic Office (UKHO) unveiled statistics revealing that more than half of the world's international trading fleet was living with electronic chart information display systems (ECDIS). Figures indicate that 58% of vessels are using an electronic navigation chart (ENC) service on the...
  • XSI secures order for first chemical tanker
    China-based Xiamen Shipbuilding Industry (XSI) has secured its first stainless steel chemical tanker order from a Chinese state-affiliated company. The 5,390 dwt chemical tanker will be built in XSI's yard, and the vessel is scheduled for delivery in 2017 to Xiamen Jianfa Shipping, a business unit of Jianfa Group. The contract also...
  • Transpacific ship sizes on a steady upward trend, says maritime analyst
  • No increase in South Korean port fees
  • Container freight rate fall slows in November
  • United Ocean Enterprises files for bankruptcy protection
  • Bergen port asks ships to relocate due to air quality problems
  • Australian trade union cleared of crime but tactics questioned
    Australian union supporters on a march.
  • Greek shipowner debuts ethylene tankers
    Othoni, first in Eletson's newbuild programme liquefied ethylene carriers
  • Tanzania denies suspension of USD10 billion mega-port project
    President Jakaya Kikwete held a ground breaking ceremony in October.
  • MR spot rates to ease in near term
    Tanker market expected to have another strong showing.
  • XSI secures order for first chemical tanker
    China-based Xiamen Shipbuilding Industry (XSI) has secured its first stainless steel chemical tanker order from a Chinese state-affiliated company. The 5,390 dwt chemical tanker will be built in XSI's yard, and the vessel is scheduled for delivery in 2017 to Xiamen Jianfa Shipping, a business unit of Jianfa Group. The...

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The Loadstarweb site
JANUARY 11, 2016
  • IATA puts on brave face and believes decline in air freight demand is bottoming out
  • Drone testing zooms to next stage as Matternet begins trials with payloads
  • 'Reckless' orders for ULVCs by carriers to blame for boxship charter market crash
  • HGV training firm launches Young Truckers campaign to inspire next generation
  • Using fewer ports can mean cost saving and efficiency gains for shippers

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Marine Logweb site
JANUARY 11, 2016
  • Horizon to build two Tier IV escort tugs for McAllister
  • Cat twin fin propulsion system wins prestigious Platts award
  • Pioneer takes delivery of second Green Dolphin
  • LNG fueled bulkers are a double first for DNV GL
  • Vard Promar delivers its first ship
  • ABB ships 20.5 MW Azipod XO

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World Wide Shipperweb site
JANUARY 11, 2016
  • Port Tracker report predicts drop in import cargo volumes
  • Port of Portland schedules hearing to discuss draft improvement plan
  • Bureau of Transportation Statistics publishes Pocket Guide for 2016
  • Port of Grays Harbor seeks comment on recreational lands and facilities plan
  • Diana Shipping Oks new loan to partially finance three newbuilds

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Lloyd's Listweb site
JANUARY 11, 2016
  • VLCC spot rate slips amid January lull in cargoes
    Further slides anticipated as list of available vessels builds
  • Navig8 Product Tankers amends loan facility and takes delivery of new vessels
    Amended facility with CACIB and BNP Paribas built on the $64.3m loan facility announced last year in November
  • Baltic Handysize Index hits fresh lows
    Pre-Chinese New Year Spot market activity picks up but slide continues
  • Panama plans ratification of ballast water and ship recycling conventions
    Ratification by largest flag would be big boost for IMO
  • Capesize lay-ups increase as BDI reaches all-time low again
    Update: Declines in capesize and panamax mostly contribute to Baltic Dry Index falling to record low for the fifth day in a row
  • A new way of looking at damages for repudiation of a voyage charter
    For the first time, damages increased to reflect detriment that was suffered after an unpeformed charter was due to end
  • Kitack Lim sets first-term agenda as IMO secretary-general
    Koji Sekimizu's successor aims to strengthen partnerships and improve communication
  • Five years' hard labour for Seaman Guard Ohio crew
    UPDATED: Immediate appeal against district court decision expected
  • No respite for Asia-Europe trades as volume decline continues
    Latest CTS data shows a 4.3% drop in the first 11 months of 2015, but transpacific trades in better shape
  • Box lines may void more sailings due to Chinese New Year weak demand
    Transpacific routes may see significant number of blank sailings
  • Asian yards' revenue and orderbook to take a hit in 2016
    Number of deferred deliveries is higher than in the years following the 2008-2009 financial crisis, Nomura says
  • Aronnax: The irony at the IMO
    While MEPC will be the first time UN officials meet to discuss CO2-related policies after the Paris agreement was struck, society may expect more than the IMO can deliver
  • Unipec ranks as world's biggest dirty tanker charterer in 2015
    Shell ranks number two; Indian Oil jumps to fourth place up from 10th
  • POSH and Hmood Al-Khalaf Group seal joint venture
    New venture signals an increase in POSH's investments and operations in Saudi Arabia
  • Origin Energy ships first cargo from Australia Pacific LNG project
    Project faced multiple delays amid dismal price environment due to oversupply and weak demand
  • EMAS Offshore incurs first-quarter loss on weak offshore industry
    Company focuses on increasing vessel utilisation, strengthening balance sheet
  • Autonomous herrings
    Why is there such current enthusiasm for driverless ships when competent seafarers are paid so little anyway?

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The Journal of Commerceweb site
JANUARY 11, 2016
  • Shippers, lawmakers make case to US regulators against NS-CP merger
    WASHINGTON - Shippers, lawmakers and other railroads are already petitioning federal regulators to reject the proposed tie-up of Canadian Pacific Railway and Norfolk Southern Railway even though the former has yet to file any legal notice with U.S. rail regulators. Since the Canadian railway disclosed its $28 billion bid to buy Norfolk...
  • US retailers cry foul on Long Beach port free time reductions
    Retailers who ship through the Port of Long Beach urged the second-largest U.S. port not to move forward with its proposal to change free time provisions in its tariff from four days at present to six work shifts until the Southern California port complex gets a better handle on its...
  • Environmentalists blast changes in NY-NJ port's clean-trucks plan
    Credit: Port DriverAn environmental group criticized as "disgraceful" a plan by the Port of New York and New Jersey to relax a Jan. 1, 2017, deadline for replacement of more than 6,000 port drayage trucks with newer vehicles. The Coalition for Healthy Ports said the revised clean-air plan that the Port...
  • Truck driver pay: How fast will it rise in 2016?
    Softer demand for trucking services may have dampened pressure on truck driver pay, but it hasn't removed it. With the national unemployment rate at 5 percent, and construction companies hiring tens of thousands of workers, trucking firms will have to pay more to "seat" and keep experienced truck drivers in 2016. Barring...
  • South Korea to reduce port fees over next three years
    Amid the backdrop of the global shipping downturn, South Korea's Ministry of Oceans and Fisheries has decided to hold off on raising fees for using the country's trading ports and plans to reduce port fees by 70 percent over the next three years. Accordingly, all 31 ports in South Korea, including...
  • The Future of LTL: Harnessing the Power of the Sharing Economy
    Less-than-truckload shipping is experiencing one of the faster rates of evolution within the transportation industry. The problems that have historically stifled the growth of this segment - coordination between multiple parties and inability to fill extra space on trucks - suit the expansion of Internet of Things type solutions hitting...

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TradeWindsweb site
JANUARY 11, 2016
  • Another battering for US shipping shares
    As China goes, so go the maritime equities as bulkers, tankers and LNG share in the pain.
  • Middle East VLCCs continue sharp plunge
    As charterers fix VLCC cargoes further afield, TD3 route drops by 15.6% in one day.
  • Fearnley downgrades tankers; forecasts cut
    Hot market downgraded to neutral as familiar failings resurface and bring rates revisions.
  • US box traffic to slow
    Report from US's largest retailer advocacy group points to seasonal lull, high inventories.
  • Angelica Schulte takes export cargo to Fos
    Second US crude cargo since Washington ended export ban leaves Houston for French port.
  • Baltic adds two panellists for indices
    The Exchange adds two new shipbrokers to assess clean tanker routes and S&P valuations.
  • P&O hits new high
    Owner's ferries carried record amount of freight in 2015 between Dover and Calais.
  • First ship sails for AP LNG
    Third Gladstone coalbed methane-backed project finally gets off the blocks.
  • Navig8 funds two more newbuildings at STX
    Credit Agricole and BNP Paribas club together to provide larger loan for products tanker newbuildings.
  • Paragon sells panamax; another set to follow
    Michael Bodouroglou-led owner confirms sale of bulker with a second tipped to depart soon.
  • USC eyes Indonesia
    Russian state shipyard group wants to build tankers and gas carriers in Asia.
  • AdvanFort crew jailed
    Ten seafarers and 25 guards get five years after being held since 2013 in arms row.
  • NorSea to collect up to $16m from sales
    Wilh Wilhelmsen-linked company sells off property to HitecVision fronted start-up.
  • Alpha LNGC heads to Sabine
    Greek-owned, Cheniere-chartered newbuilding on course for first export cargo
  • POSH wins biggest tow
    Singapore owner to move the world's largest floating structure - Shell's Prelude FLNG - from Korea to Australia.
  • Scandlines aims for zero
    Baltic ro-pax group steps up emissions-reduction strategy between Germany and Denmark.
  • 'Dry stuck in doldrums for two more years'
    Morgan Stanley says rates will remain around operating costs for a couple more years.
  • Hoare quits BW LPG
    Chief commercial officer exits Oslo-listed shipowner after more than a decade with group.
  • Sevan wins LNG work
    Oslo-listed group providing tech and engineering for Vires' new Philippines terminal.
  • Hafnia Tankers begins as a buy at ABN AMRO
    Bank expects Danish tanker owner to see profit rise consistently over coming years.
  • Thenamaris joins capesize buying spree
    Nikolas Martinos adds his name to the list of top tier shipowners snapping up second hand capesizes.
  • DNB buys more AMSC
    Norwegian bank builds stake in US tanker owner to 16% in $16m deal.
  • Star Bulk on notice
    Nasdaq tells Pappas-led owner to boost stock price back above $1.
  • EMAS slips to a loss
    Downturn in oil and gas sector takes its tollon Oslo and Singapore-listed company.
  • Miller back at Philly
    US shipyard replacing Kristian Rokke as chairman with former CEO.
  • Ship aground off Japan
    Eighteen crew evacuated from ship by helicopter, vessel's hull reportedly breached.
  • Otto in port tie-up
    Singapore-listed offshore vessel operator teams up with port operator in Batam.
  • CMA CGM keeps buying
    French liner giant has bought more NOL shares at below its takeover price for the stock.
  • Indian Oil's star rises on Poten tanker table
    Indian energy company jumps to fourth position while Unipec remains dominant charterer.

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American Shipperweb site
JANUARY 11, 2016
  • Retailers slam Long Beach proposal to reduce free time
  • Hapag-Lloyd USA CEO sought as Canaveral port chief
  • Canada e-Manifest penalties for highway carriers starts today
  • Drewry: Container shipping companies to lose $5b in 2016
  • Americold completes purchase of Atlanta, Ga. facility
  • Equasis taps MarineTraffic for vessel positioning data
  • Strong shipping sector growth bolsters December jobs report
  • NRF: U.S. container imports rise in November
  • WLS: Container capacity falls following weak peak season

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The Bunker Bulletinweb site
JANUARY 11, 2016
  • Jacksonville LNG bunkering facility slated for mid-2016 opening
    Plant built to supply TOTE's LNG-fuelled new containerships will also be able to supply other customers.
  • Stena Bulk wary of London court case outcome
    Puts funds aside to meet potential claims.
  • DNV GL to class ESL dual-fuel bulk carriers
    Said to be first large LNG-fuelled bulkers.
  • Malta's bunker market share 'not enough'
    Government reviewing regulations to help sector reach its potential.
  • Singapore's MPA halfway to MFM bunkering target
    Six more vessels approved for MFM bunkering at Singapore.
  • FACTBOX: Asia Q1 oil products outlook and factors to watch
    Singapore fuel oil market expected to remain positive in coming weeks.
  • Singapore's MPA reaches half MFM bunkering target
    Six more vessels approved for MFM bunkering at Singapore.
  • Pioneer Marine receives fuel efficient dry bulk carrier
    Vessel has been equipped with mass flowmeters on the bunker line.
  • Number of oil spills since 2010 lower: ITOPF
    Six medium-sized spills reported in 2015; includes bunker fuel.

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