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23 September 2021 The on-line newspaper devoted to the world of transports 23:26 GMT+2

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Sched Netweb site
MARCH 17, 2016
  • Maersk Line to increase Asia-Europe rate by US$400/TEU April 1
  • Shanghai fell 25.4pc in February to 2.41 million TEU, Singapore off 7.7pc
  • Argentina coast guard sinks Chinese trawler in hot pursuit for poaching
  • UN's July 1 box weigh-in rule lacks enforcement in Europe and US
  • CMA CGM levies US$10 per box after Congo inspection fee imposed
  • China advances rail and containership deals with Iranian authorities
  • Irish GDP up 7.8pc in 2015, emerges from worst-ever recession
  • HK'S U-Freight's China Customs navigation featured at Atlanta March 30
  • Rotterdam redirects 4 kilometres of Betuwe Route to improve flow
  • NYK, Weatherners, Kozo Keikaku JV to develop next-gen shipping
  • Optimarin lands deal for ballast systems for 46 Carisbrooke ships
  • Beijing's private Okay Airways announces commitment for twelve B737s
  • Philippine Airlines orders six A350-900s to fly to New York
  • DHL, Posti & Bring to offer B2C parcel delivery in Nordics, Baltics
  • Air cargo needs to be quicker and slicker to demonstrate added value
  • IATA and Lufthansa expect air cargo help, not hindrance from Berlin

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Exim Indiaweb site
MARCH 16, 2016
  • Diminishing economies of scale seen from new generation of megaships
  • DNV GL, Gard & The Swedish Club work together to help reduce anchor losses
  • IRClass Academy's seminar on Hong Kong Convention on Ship Recycling on Friday
  • NISAA conducts its annual Business Forum 2016 with grandeur
  • Chennai Port repeats record performance in container handling
  • Chennai-Colombo regular RoRo service flagged off
  • India & Iran all set to finalise Chabahar port development project
  • JSW Infrastructure & South West Port consortium win mechanisation project of EQ-1, 2, 3 berths at Paradip Port on BOT basis
  • AMTOI Day celebrated with gusto
  • CONCOR's Kathuwas MMLP to be inaugurated on March 19
  • NACFS conference on AEO & Ease of Doing Business in New Delhi on Friday
  • Sugar mills sign export deals

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International Transport Journalweb site
MARCH 17, 2016
  • Salty waters meet fresh waters
  • Less railfreight for DB
  • Electrification of India's northern railway proceeding
  • Hello, can you read me Osis?
  • New major shareholders for wagon hire company
  • Uneasy times for Global Ports
  • Air Seychelles ups Jo'burg service again
  • TGW expands executive board
  • Rhenus inaugurates Frankfurt south hub
  • MOL to appoint chief country representatives
  • Cool Canadian enhancing cross-border business
  • New service in the South Pacific
  • IAG Cargo flies for "DB the Man" exhibition
  • Nile Dutch swallows Safmarine MPV's services
  • Camion Transport scoops up two Zünd divisions
  • Legal expert to chair Baca

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IHS Maritimeweb site
MARCH 16, 2016
  • Modest growth for dry bulk on the cards in 2016
    The dry bulk market is expected to enjoy modest growth of 0.5% year-on-year for 2016, according to Luciana Salles, principal analyst at IHS Maritime & Trade. She highlighted that the...
  • Vard branches into cruise ship construction
    Vard, the Norwegian offshore services and specialised vessel builder in Italy's Fincantieri group, says it has signed a letter of intent to build four expedition-type cruise vessels of about 10,000 gt for Ponant, the French expedition cruise operator owned by the Pinault family. The...
  • Hyundai Merchant Marine restructuring going smoothly, minister reports
    South Korea's Minister of Oceans and Fisheries Kim Young Suk has assessed that restructuring efforts at beleaguered Hyundai Merchant Marine (HMM) are progressing smoothly. HMM, South Korea's second-biggest shipping company, has been selling assets and renegotiating charters as it works...
  • Creditors to lower interest rate for STX O&S
    The creditors of South Korean shipbuilder STX Offshore & Shipbuilding (STX O&S) are planning to cut their interest rates to help the company survive. Sources from STX O&S told IHS Fairplay that the shipbuilder's banks plan to drop interest rates to 1% from the current 3%...
  • Mombasa adds half a million teu of new capacity to deal with congestion woes
    Kenya's Port of Mombasa completed phase 1 of its Mombasa Port Development Project (MPDP) increasing the capacity of the large congested east African port by 550,000 teu. The USD217 million Japan-funded project to build the Kipevu container terminal took four years to build. It includes three...
  • South Korea re-enters container leasing business
    South Korea has made a second attempt to establish a domestic container leasing business with logistics firm City Airport, Logis and Travel (CALT), a joint venture between Korea International Trade Association and a Chinese...
  • Last Australian-crewed oil tanker sails for Singapore
    The last in a fleet of five Australian-managed and -crewed fuel tankers has left the country's coastal trade for Singapore, never to return. British Fidelity, a 29,335 gt Isle of Man-flagged product tanker built in 2003, has been working the Australian coast for multinational BP, carrying fuel...
  • Reorganised China Merchants Group appoints new leadership
    China Merchants Group, after taking over Sinotrans & CSC in December 2015, has selected two new vice-presidents. Li Xiaopeng, general manager of China Merchants Group, and Zhao Huxiang, president of Sinotrans & CSC, were both appointed as vice-presidents of the new China Merchants Group by China's State-owned Assets Supervision and Administration...
  • Seaborne coal import to settle at 903 million tonnes in 2016
    Global seaborne import of steam coal is estimated to drop 6 million tonnes year on year to 903 million tonnes in 2016, according to Scott Dendy, director of IHS Coal. Speaking at the recent IHS Maritime & Trade briefing event, he explained that the drop is closely linked to declining coal...
  • US eases Cuba sanctions on box carriers
    The Obama Administration has made it easier for vessels trading in the US to add Cuba to their itinerary. The US Department of Commerce's Bureau of Industry and Security (BIS) on 15 March announced it will begin allowing vessels to transport authorised cargo originating in the US...

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The Loadstarweb site
MARCH 16, 2016
  • Amazon air freight plan a wake-up call: improve standards or customers will become competitors
  • Alert to forwarders of high financial risks of accepting 'freehand' shipments for a small fee
  • More service cuts announced as fleet of idle containerships hits record level
  • Indonesia logistics industry stays bullish despite falling volumes and port development gridlock
  • Japan Post Holdings on acquisition trail, and not just logistics
  • 'Someone is going to die': experts warn lawmakers over self-driving cars
  • China in transition

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Marine Logweb site
MARCH 16, 2016
  • Responders extinguish Bayou Sorrel platform fire
  • Swedish Club analysis gives new insights into P&I claims
  • VIDEO: Argentine Coast Guard sinks Chinese trawler
  • Tidewater draws $600 million maximum from revolver
  • $1.5 million penalty and ship ban in pollution case
  • Administration won't open up Atlantic for offshore drilling
  • Another Suda liftboat set for delivery
  • Engine for first ethane fueled LEG carrier passes TAT

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World Wide Shipperweb site
MARCH 16, 2016
  • Harley Marine Services earns Coast Guard honor
  • CKYHE Alliance members plan service network changes
  • Weather forces Coast Guard to perform helicopter rescue
  • Mitsui vessel autopilot system shows energy savings during test
  • Port association schedules annual spring conference

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Lloyd's Listweb site
MARCH 16, 2016
  • MAIB finds multiple errors in Hoegh Osaka grounding
    Faulty equipment, inaccurate cargo weights and miscommunication contributed to vessel's list and grounding
  • UK Chamber of Shipping's new president to pledge action on safety
    Shell's Grahaeme Henderson to deliver speech at UK Chamber of Shipping's AGM
  • MR tanker rates remain soft amid product stockpiles
    But LR rates recover on naphtha flows
  • CSCL in management reshuffle
    Senior executives with financial background are taking the helm
  • View from the Bridge: Robbert van Trooijen
    The chief executive of Maersk's merged Asian operations refuses to see only negatives in the market and wants to make the most of 2M's lead
  • Idle box fleet nears record highs
    With overcapacity and weak demand expected to continue throughout 2016, lines will have little choice but to lay up yet more ships
  • Suezmax and aframax rates continue March rally
    Singapore time-charter demand continues, as 20 vessels are fixed with storage options
  • Cobelfret orders six ro-ro workhorses
    Latest order follows contracts for two larger ro-ro vessels at Hyundai Mipo last year
  • BV cuts ship design review time by 40% in software trial
    CSSC ship design arm reports time savings in initial trial on bulk carrier design
  • TEN remains bullish on core tankers market
    But Greece-based owner 'a believer' in gas for longer term
  • Yang Ming and RCL to expand slot exchange and vessel chartering services
    Co-operation aims to enhance competitiveness and cut costs
  • Odfjell Terminals to get new chief executive
    Frank Erkelens will join the company on May 1, 2016
  • Panama establishes maritime co-operation ties with Egypt
    Egyptian authorities plan to make maritime transportation sector one of the country's key economic pillars
  • IHI unit to exit stake in Brazilian shipyard
    Transaction expected to be done in mid-April 2016
  • Ponant eyes Vard cruiseship quartet
    Each ship will be able to hold 180 passengers in 92 cabins along with 110 crew
  • Gener8 closes 2015 with a bang
    Stock remains a laggard with company expected to take delivery of an additional 12 VLCCs in 2016

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The Journal of Commerceweb site
MARCH 16, 2016
  • Goodman takes control of Brazil logistics property platform
  • E-commerce lifts FedEx revenue 8 percent, costs cut into profit
  • A president Trump would face Herculean task of abolishing NAFTA
  • NileDutch strengthens West Africa presence with acquisition
  • Container lines can add Cuba port call to US services
  • Brazil beef exports show early-year muscle
  • Idle container ship capacity hits record high
  • Ensenada port grabs Mexico-bound cargo from LA-LB
  • Cosco Pacific tipped to bag Greek state rail operator
  • Slide show: Key takeaways from TPM 2016
  • Chennai Port offers rail incentives to ease truck woes
  • Mombasa completes new terminal to aid productivity
  • LA-LB truck turn times stuck in low gear

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TradeWindsweb site
MARCH 16, 2016
  • NileDutch buys up Safmarine MPV
    Operator picks up Maersk's Europe-to-West Africa multipurpose ship services and operations from rival.
  • Scorpio Bulkers sells shares; backers buy
    New York-listed shipowner says company directors and Lolli-Ghetti family could spend $15m in public offering.
  • China Merchants Group tied to Baltic bid
    State-run conglomerate reportedly among suitors for London shipping marketplace.
  • Gener8 to take a 'hard look' at dividend
    Chief financial officer wonders if payout will be valued as he gives colourful view on tough finance market.
  • Former RS Platou investors seek Clarksons stock sales
    Peter Anker among those selling shares in shipbroker after the end of lock-in period.
  • Confidence takes Teekay Offshore higher
    Teekay spinoff's stock up 48% so far this week as jitters over liquidity gap fade.
  • Stock prices and special sauce block tanker mergers
    Peter Georgiopoulos wants to consolidate tanker market but says it is presently difficult.
  • Poland plots shipbuilding revival
    Finance ministry introducing new tax breaks to boost domestic industry.
  • Island wins green light from bondholders
    Norwegian owner ready to move forward with its debt restructuring after unanimous approval.
  • RollDock acquires L&T newbuilding
    Dutch heavylift owner adds semi-submersible unit from Indian shipbuilder, bringing its fleet to seven.
  • Qingdao sells six tugs to Svitzer alliance
    Collaboration between Chinese port and Danish company takes shape with $31.7m S&P deal.
  • Minister: HMM restructuring on track
    Kim Young-suk says Korean owner's refinancing backed by watchdog and major creditor.
  • Neepa starts Bangladesh to India run
    Multipurpose Harbour-1 inaugurates service from PCT to seven Indian ports.
  • Iran says first oil to Greece due this month
    Oil ministry executive says important deal will move forward despite rumours of restrictions.
  • Major management reshuffle at CSCL
    Restructuring Chinese company replaces chief executive, chairman and investment strategy committee.
  • Ceyhan ready to load Kurdish crude again
    Greek suezmax docks in Turkish port to lift cargo after stoppage ends.
  • Boxship crews told to watch their step
    Survey conducted by the Swedish Club finds that 60% of falls and slips on vessels occur on containerships.
  • TAS AHTS delivery refused over "quality issues"
    Malaysian builder gears up for legal fight after two completed $13.5m ships rejected by buyer.
  • Paragon maintains Nasdaq listing after share split
    Greek bulker owner regains compliance with US exchange's $1 price requirement.
  • BW Group hires Bonfils to lead bulker drive
    Nordic Bulk Carriers founder joins Singaporean group as it seeks first foothold in dry cargo market.
  • d'Amico fixes $250m of new credit
    Italian tanker owner completes funding for $755m newbuilding drive begun in 2012.
  • Higher rates boost Nordic's annual profit
    Danish chemical tanker owner posts sharp earnings increase in line with its forecast.
  • Cosco mulls bid for Greece's rail company
    Chinese giant looking to establish European land transportation network following Piraeus port takeover.
  • Tsakos set for 'major strategic transaction' and FSRU move
    Chief executive says deal on subjects and LNG carrier may be converted.
  • Hyundai Heavy hit by $100m tax bill
    Korean yard considering review of big demand from authorities.
  • Maersk Line tries for $400 Europe rise
    Danish containership giant hiking fees from Asia next month.
  • Cochin Shipyard eyes repair facility
    Indian IPO candidate wants to invest $142m in new plant.
  • Swire Shipping to boost Port Moresby coverage
    Hong Kong shipowner looks to improve coverage of Papua New Guinea with enhanced service.
  • Tidewater taps revolving credit facility
    Offshore vessel operator says move intended to enhance the company's liquidity position.
  • Vard poised for luxury cruiseship orders
    Struggling Norwegian shipbuilder sings LOI for four luxury expedition cruise vessels.
  • Briese Schiffahrts pleads guilty over oil pollution
    German shipowner's vessel banned from US waters for five years as part of punishment.

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American Shipperweb site
MARCH 16, 2016
  • Transportation industry leaders vow to fight wildlife trafficking
  • Ethiopian Airlines Cargo returns to Brussels Airport
  • German 3PL opens third DC in Netherlands
  • MarAd, U.S. Transcom warn about Merchant Marine decline
  • XPO grows logistics business in UK
  • U.S. steel exports see mixed results in January
  • Executive Moves: Reading & Northern Railroad, ICC Logistics Services and Long Beach Harbor Commission
  • Commerce finds dumping of hot-rolled steel imports
  • Two German ocean carriers fined for oil dumping
  • Sohar Port takes delivery of four post-Panamax cranes
  • Industry groups urge ILWU, employers to begin 2019 contract negotiations now
  • U.S. takes more steps to open trade, travel with Cuba
  • Voters, business leaders split on trade views
  • UPS ups CEO compensation again in 2015
  • Freight railroads challenge proposed two-person crew rule

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The Bunker Bulletinweb site
MARCH 16, 2016
  • Fujairah fuel quality trend improving after Al+Si peak in 2012
    Sharp increase in average catalyst fines during 2011 and 2012 'almost certainly' linked to start of Iran sanctions.
  • Japan's Jan bonded bunker fuel sales rise 8.7% from Dec to 2.52 mil barrels
    But sales of bonded MDO in January fell.
  • Platts Survey: OPEC pumped 32.34 million barrels of crude oil per day in February
    Down 90,000 b/d from January.
  • Japan's HSFO output falls 22.1% on week to 2 mil barrels for Mar 6-12
    But LSFO output up 1.5% on week.

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