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25 September 2021 The on-line newspaper devoted to the world of transports 00:20 GMT+2

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Sched Netweb site
JANUARY 19, 2016
  • Virginia port volume up 6.5pc in 2015 to a record 2.5 million TEU
  • CMA CGM adds Dunkirk call to EURAF 1 service; reshuffles Asia-Chennai's CIMEX 2E
  • Singapore offers port offers 10pc port fee reduction for containerships
  • Move migrant camp away from Port of Calais, urges Freight Transport Association
  • ICTSI Democratic Republic of the Congo container terminal to open in August
  • Maersk Group increases maternity leave from 10 to 18 weeks worldwide
  • 'Bloated' inventories dampen US freight demand despite record online Christmas sales
  • Dachser changes US operations' name to Dachser USA Air and Sea Logistics
  • Move migrant camp away from Port of Calais, urges Freight Transport Association
  • American Airline takes US$592 million loss because of trapped Venezuelan revenues
  • United Cargo sets up new temp-control facility at Newark airport
  • Air cargo demand in North America, Europe, Asia Pacific falls: IATA
  • Hong Kong statistics department makes public its analyses of air freight

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Exim Indiaweb site
JANUARY 18, 2016
  • BBC Chartering opens representative office in London
  • CEVA Logistics creates new ground transportation business line
  • Coastal shipping & IWT will be given a fillip, Nitin Gadkari tells ASSOCHAM conference
  • Hapag-Lloyd improves service between Mediterranean & Black Sea
  • HMM upsizing ACS connecting Chennai with 5,000-TEU vessels
  • MAERSK LINE adds Ningbo call to AC3 service
  • Maersk Line wins 'Container Shipping Line of the Year - Europe Trade Lane' recognition at Gujarat Junction 2016 Awards
  • MSC offers new direct connection to Japan on its Pearl Service
  • Spot rates down again
  • India imports 7.9 pc less palm oil in Dec. on record stockpiles
  • Alba Asia starts commercial operations at Vizag Port's multi-purpose cargo berth
  • Chennai Port starts private container train service to Bengaluru
  • PSA keeps global box throughput steady in 2015
  • Customers can book warehouse space online
  • Exports slide for 13th month, contract by 14.75 pc in Dec. 2015
  • Forex reserves drop further by $1.43 bn to $ 348.93 bn
  • INR hits 28-month low against dollar
  • Krishnapatnam Power Corporation signs MoU with Andhra Pradesh govt to build thermal power projects worth INR 16,680 cr.
  • Lifting of sanctions on Iran to benefit India
  • China imports record 7.82 m bpd of crude a day in Dec. after plunge in prices
  • Eminent speakers & panelists make for an appealing Gujarat Junction 2016 conference in Gandhidham
  • Gujarat Junction 2016-Cargo & Logistics Awards

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International Transport Journalweb site
JANUARY 19, 2016
  • Finished vehicle multi-modal terminal now open
  • Sheriff joins Westjet board
  • 35 new electric vehicles go into service
  • Record truck order from UK
  • Speaking out on new standard for leases
  • Forwarders join forces in northern Germany
  • Tam back in Bogota
  • Emerging markets - optimism tinged with caution
  • Three new members for SGKV
  • ICTSI terminal in Congo to open this year
  • New CEO for Asia Pacific region
  • Qatar Airways launches 13th cargo destination in Americas
  • Funds for PKP Cargo's regional expansion
  • From Hong Kong to Frankfurt
  • Scaling new heights in Hong Kong
  • Volume shift on US west coast
  • Bremen: record for logistics and industry properties

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IHS Maritimeweb site
JANUARY 18, 2016
  • Antwerp closes box traffic gap with Rotterdam
    Leading Belgian port Antwerp closed the gap between it and European leader Rotterdam in the key container traffic sector last year. Its container throughput showed unit growth of 7.5% over the previous year at 9.65 million teu, while containerised tonnage increased 4.6% to 113.29 million tonnes. Rotterdam's...
  • Restoring liquidity crucial to overcome crisis, says Korea Shipowners' Association
    The Korea Shipowners' Association is determined to gather all its members' strength to overcome the liquidity crisis looming over some of the country's shipping companies. Heung-A Shipping CEO Lee Yun Jae, who was unanimously re-appointed as the association's chairman at its annual general meeting on 14...
  • New LNG supply bodes well for trade
    Despite concerns of a downturn in liquefied natural gas (LNG) demand growth from the largest Asian importers, new sources of demand are expected to develop. The increase in the number of importing and exporting countries, coupled with price uncertainty, will continue to amplify the complexity of...
  • Bibby Line Group order highlights growing sophistication of offshore wind farm services
    Bibby Line Group, the Liverpool-based shipping company, has placed an order for an 89 m-long offshore wind farm services vessel with Dutch shipbuilder Damen. The vessel, which will be called Bibby WaveMaster 1, to be built at Damen's shipyard in Romania and enter service in the...
  • Claims up for German marine insurers
    German hull and machinery (H&M) insurers saw claims rebounding last year following few claims in 2014. Latest statistics by the central German claims handling agency Verein Hanseatischer Transportversicherer (VHT) show that losses across all segments, from ocean hull and loss of hire to brown water hull and builders' risk insurance, surged by...
  • Kawasaki Heavy Industries to lose USD189 million from Brazil venture
    Japanese shipbuilder Kawasaki Heavy Industries will book a JPY22.1 billion (USD189 million) in impairment losses from its shipbuilding joint venture in Brazil, joining other shipbuilders who have been hit by the Petrobras corruption scandal. In 2012, in order to enter the Brazilian...
  • Lifting of Iran sanctions could add 0.5M bpd to supply, say analysts
    The full scale entry of Iran to the oil market following the lifting the sanctions against the country by Western countries over the weekend will add up to 0.5M bpd to the supply of crude oil. This in itself is good to the tanker market, but...
  • Moody's maintains China Merchants' rating on Dalian investment
    Moody's said its rating for China Merchants Holdings International (CMHI) was unchanged after the announcement of its investment in Dalian Port, but the US credit ratings agency said it was concerned about the port's business prospects. The agency said the announcement that CMHI was purchasing 21.05% of...
  • Container liners push for new China-India services
    Container liners are rushing to introduce new services between China and India, in the hope of capitalising on the industrial growth of India to balance the economic slowdown in China. Four liners, Japan's MOL, Interasia Lines, Singapore's Pacific International Lines (PIL), and...
  • Busan transhipment hits 10 million mark in 2015
    South Korea's Busan port handled more than 10 million transhipment containers for the first time in its history in 2015, moving the port closer to its goal of becoming the world's second-largest transhipment hub. Busan handled 10.08 million teu of transhipment-related business in 2015, equating to 52% of total container throughput,...
  • LR spot rates to remain soft till month-end
    Spot rates for long range 2 (LR2) tankers are expected to remain weak until the end of January, according to shipbroker Simpson Spence & Young. The shipbroker stated that there are fewer enquiries for the benchmark spot rates of Middle East Gulf (MEG) to Japan route prior to the end of...
  • New wave of shipping restructuring looms
    With rates far below breakeven and no rebound in sight, dry bulk will likely face a wave of restructurings in 2016, reminiscent of widespread debt renegotiations after the financial crisis in 2009-10. However, the restructuring landscape will be dramatically different this time around. On...
  • Experts offer shipping restructuring survival tips
    What steps should owners and lenders take to lessen the pain during the looming wave of restructurings in the dry bulk and offshore services sectors? Advice was offered at a 14 January forum organised by New York Maritime (NYMAR) and in an interview...

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The Loadstarweb site
JANUARY 18, 2016
  • Pressure increases for Bangladesh garment exporters as airport security comes under scrutiny
  • SAL Heavy Lift appoints Jürgen Kuntz as head of Asia desk
  • India overtakes China to become emerging market with the most logistics potential
  • Congestion at Felixstowe pushes Maersk Lavras to London Gateway, boosting Asia-Europe call hopes
  • Expect supply chain costs to rise after a Brexit
  • German government opposes DB privatisation plan for Schenker
  • Iran to buy 114 Airbus jets, but may seek Boeing aircraft post-sanctions

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Marine Logweb site
JANUARY 18, 2016
  • Kleven gets another live fish carrier order
  • Major pilot boat contract for Maritime Partner
  • Owners get advice on managing U.S. medical costs
  • Eastern delivers reverse tractor tug to Bisso Offsore

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World Wide Shipperweb site
JANUARY 18, 2016
  • Port of Olympia names Barb Tope acting Environmental Programs boss
  • Port of Vancouver, USA schedules free public tours
  • Astoria Coast Guard air station receives first centennial helicopter
  • Port of Bellingham sets open house to discuss Blair Pier road upgrades
  • FMCSA proposes rule change for checking motor carrier fitness

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Lloyd's Listweb site
JANUARY 18, 2016
  • VLCC rates rise for first time in a month
    Further spot rate rises on key Middle East to Asia trade expected
  • Port of Antwerp plans fourth Tehran foray
    Belgian port aims to sign MOU as Iran opens for business
  • Port of Hong Kong box lifting down 9.5%
    Government to shape city into an international shipping service hub
  • Sanctions removal paves way for abundant Iranian LNG exports
    Exciting new LNG trade could open once Iran completes its export plant
  • Bibby expands in offshore renewables with Damen order
    Further orders may follow if 'suitably lucrative' work is secured during build period
  • International Group secures nuclear cover for 2016-2017
    Rate reductions across all vessel categories ahead of February renewal, with club retention set to rise from $9m to $10m
  • Antwerp volumes break records in 2015
    Containers throughput boosts port figures, as European Commission opens state aid investigation
  • Maersk Line mulls return to Iran
    Danish line bides its time even though 2M partner and others have already resumed services
  • Norden exits capesize amid fresh index lows
    Company makes loss on sale of last owned capesize
  • CSSC gives Chengxi Shipyard a $61m injection
    Money will be used to help the yard expand into offshore sector
  • OSV operators need to batten down the hatches or face ruin
    In a market where all players will face difficulty this year, Southeast Asian companies should be adjusting balance sheet structure and slashing costs
  • Safe Bulkers has six months to comply with New York listing rules
    Notification has no impact on business operations, dry bulk company says
  • Agritrade Resources confirms Euronav VLCC purchase
    Agritrade looking to expand floating oil storage and ocean freight service business
  • Busan port sees 2015 container throughput grow 4.1%
    Global economic slowdown caused port to miss 2015 throughput target
  • Tanker boost from Iran sanctions relief
    But rates could be hit if West African and Russian supplies are displaced
  • Algoma inks joint venture with Nova Marine for global cement carrier fleet
    Company to take 50% shareholding in Nova Marine's cement carrier fleet
  • Four container lines to jointly launch China-India service
    Companies to operate six vessels on the new direct service route
  • Mercator quits dry bulk as three non-executive directors resign
    Update: Indian company divests dry bulk business operating out of its Singapore unit amid record lows
  • Law and justice
    The treatment of the crew of the Seaman Guard Ohio in India has amounted to an insult to all seafarers
  • A dry month?
    Oh for some festive cheer! Many people in the shipping industry have good reason to wish the new year will be a better one

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The Journal of Commerceweb site
JANUARY 18, 2016
  • XPO looks for more LTL savings in outsourced linehaul
  • Report states automation of marine terminals would cost billions of dollars more than diesel-powered equipment
  • Rail prospects build on Mexico's manufacturing boom
  • Dayton Freight Lines expands into South
  • Panama locks opening now expected in second half
  • DP World terminal at India's biggest port reopens after protest
  • NY-NJ port truckers testing tech that could lead to hourly surcharges
  • North Carolina, New York ports play role in $3.9 billion Tappan Zee project
  • Port of LA: 'Flawless' handling of largest mega-ship to call US shows effort paying off
  • Antwerp narrows Rotterdam's container traffic lead
  • Intra-Asia shippers' options grow with new joint service
  • Cathay posts cargo growth despite capacity overhang
  • Busan handles record transshipment container volume
  • Moody's issues caution on Dalian investment by China Merchants
  • Carriers set service reliability record in 2015, Drewry says
  • Bangladeshi shippers tap hubs to avoid Aussie air freight ban

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TradeWindsweb site
JANUARY 18, 2016
  • Scorpio Tankers buys $13.7m in own shares
    Buyback programme announced in December has nearly $165m to go, tanker owner says.
  • HCI Capital takes control of Konig & Cie
    Tennenbaum and Delos cashing out in deal that forges 220 ship company.
  • China sums show steep fall in new orders
    Official figures reveal Chinese yards saw newbuilding activity sliced almost in half.
  • Cosco eyes Sri Lankan yard
    Chinese shipbuilder teaming with engineering company to study prospects for new plant.
  • Vinalines on the up
    Vietnamese state shipowner's revenue rises 12% over 2015.
  • Bahri profit soars in Q4
    Saudi Arabian owner's earnings boosted by higher tanker rates and Vela merger.
  • Agritrade adds Euronav VLCC to fledgling fleet
    Hong Kong-listed miner looks to add additional cash flow with second tanker purchase.
  • Crew returning home
    Ghanaians receive back wages after being stuck on MSF bulker for six months in France.
  • Erased Iranian sanctions 'positive' for tankers
    Analysts welcome return of Iranian cargoes, with extra shipments likely to outweigh returning tonnage.
  • BG trials new LNG hull
    UK group working on streamlined design for next-generation ships in Brazil.
  • Suez revenue falls
    Overall 2015 figures down, but takings increase since new expanded waterway opened in August.
  • First Yamal LNG Arc7 floated
    Pioneering vessel for SCF Group hits the water at DSME in Korea.
  • Lauritzen linked to sale of handysize bulker
    Danish owner said to have continued asset sales from one of its core sectors.
  • Mercator selling bulker fleet
    Indian group cutting its losses by looking for buyer for Singapore dry cargo subsidiary.
  • Bibby grows renewable arm with Damen deal
    British owner orders on spec at yard in Romania after success of Paris climate talks, executive says.
  • Norden trims forecast as last cape is sold
    Danish owner confirms bulker swap deal with accounting loss pulling down 2015 profit expectations.
  • Iran to boost exports
    Deputy petroleum minister says NITC ready to ship extra 500,000 bpd.
  • China to fund Iran spree
    Iranian minister says bank ready to provide $5bn for development of IRISL and NITC fleets.
  • Iran to open up ports
    Foreign investors encouraged to take part in the development of Iran's facilities.
  • PCC drydocked for repairs
    Car carrier damaged by December's Storm Desmond is undergoing major repairs at UK's A&P Tyne..
  • Saverys steps up to capesize plate
    Bocimar joins capesize bargain hunting as Norden moves closer to exit.
  • Double whammy downs Ezra
    Oil services company sees shares slump on fears of dismal earnings for rest of the year.
  • Pipelayer Jascon 18 released
    Singapore yard to relinquish all claims against vessel after settlement with Russian owners.
  • MPI Offshore wins mast removal deal
    Vroon-backed wind-turbine installation company secures North Sea decommissioning contract.
  • Mixed volumes for PSA
    Singapore-based terminal operator saw growth overseas, but contraction at home in 2015.

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American Shipperweb site
JANUARY 18, 2016
  • Dayton Freight opens service center in Memphis
  • Port of Singapore's cargo throughput drops 1.1% in 2015
  • FMCSA proposed rule aims to ID non-compliant truckers
  • Kerry Siam Seaport undergoes fourth phase of expansion
  • GRI Roundup: Maersk Line, CMA CGM and Hapag-Lloyd
  • U.S. steel exports continue slipping in November
  • Executive Moves: USA Truck, SAL, Cargo 2000 and AWO
  • Report: Vietnam National Shipping Lines to reduce port holdings
  • CSX to develop new intermodal terminal near Raleigh, N.C.
  • Business groups recommend port performance stats for DOT to track

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The Bunker Bulletinweb site
JANUARY 18, 2016
  • Japan's Nov bonded bunker fuel sales up 13% on month at 2.65 mil barrels
    Lower prices said to have driven buying interest.
  • Saudi Bahri's Q4 earnings jump on cost savings, low bunker prices
    More than triple Q4 2014 earnings.
  • Chinese firms, Algeria to develop port at Cherchell
    Algerian port to serve North African, European shipments.
  • More emphasis on dealing with solid players post-OW
    The fact Bunker Holding's finance model does not give banks security in its invoices 'makes us a safe partner' says Dan-Bunkering CEO.
  • Sweden sees higher ECA compliance than Norway in 2015
    441 samples tested in Sweden and 204 in Norway, while only Norway has issued fines so far.
  • Tanker, carrier collide in Tokyo Bay
    Oil leak from tanker under control.

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