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23 September 2021 The on-line newspaper devoted to the world of transports 23:52 GMT+2

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Sched Netweb site
APRIL 22, 2016
  • Ever sinking rates induces CMA CGM to put USWC mega ship loop on hold
  • Hanjin Shipping, PIL engage in slot swap on Red Sea/Middle East services
  • Hamburg-Sud, feels CCNI benefit, revenue rises to US$6.92 billion
  • Panalpina quarterly profit down 5.1pc as revenue declines 13pc
  • Dachser boosts its Asia revenues despite international market slowdown
  • Hutchison expects more mega ships in Shenzhen, busier PRD barges
  • Hanjin starts China-US service, linking Shanghai to Long Beach
  • Malaysia warned Islamic State gains foothold in maritime piracy
  • Rotterdam's quarterly box volume falls 3.9pc to 3 million TEU
  • Antwerp's first quarter box traffic rises 4.6pc to 2.5 million TEU
  • Turkish Arkas Line adds ship, ignites Hamburg-West Africa mini-boom
  • Panama starts taking reservations for widened canal from July 27
  • Globe Express Services - woman who first rose to the top in Mideast logistics
  • Container Ship Safety Forum, Hamburg, attracts UASC, Seaspan participation
  • Cathay, Dragonair cargo volumes flat in March at 157,006 tonnes
  • Kuehne + Nagel posts 0.3pc slip in quarterly air cargo to 304,000 tons
  • UPS pilots plan strike as customer Amazon becomes a rival air carrier

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Exim Indiaweb site
APRIL 21, 2016
  • 'OCEAN Alliance' to offer competitive products & comprehensive service networks
  • Baltic Dry Index looking up
  • Hamburg Süd says it achieved significant growth in a challenging 2015
  • Hapag-Lloyd & United Arab Shipping Co. in 'cooperation' talks
  • Institute of Chartered Shipbrokers inks MoU with Indian Maritime University
  • World needs to pay heed to maritime security: Kiren Rijiju
  • Pakistan a major market for Indian tea
  • Boosting efficiency of Major Ports a key focus
  • DP World ready to implement IMO's international container weighing rules across global portfolio
  • PLATTS puts Amsterdam on the map with ethanol
  • RoRo terminal to come up at Ferry Wharf in Mumbai
  • Trans Earth Logistics celebrates 3rd anniversary

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International Transport Journalweb site
APRIL 22, 2016
  • Interested party no longer interested
  • Serbia refurbishing rail network
  • Cross-Channel traffic still suffering
  • Positive start for Antwerp in 2016
  • First CNG truck delivered to La Poste
  • Soares to head Jaxport's facilities development sector
  • New forklifts for cold store operator
  • More belly capacity between Lima and Santiago
  • Massive boost for India's road building programme
  • Banaszkiewicz becomes FFABA dry chairman
  • Air Algérie shelves planned Guangzhou service
  • Kone gold for Imperial
  • Irish seaports look back with joy
  • Major merger looming?

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IHS Maritimeweb site
APRIL 21, 2016
  • Bulker bounce could derail scrapping momentum
  • MEPC 69 closes in on CO2 data collection consensus
  • DAILY: Buys bulk carriers and sells VLGCs, advises Via Mar
  • Van Oord's fleet renewal continues
  • Hapag-Lloyd and UASC talk about merger
  • Boskalis' Marc de Leeuw has been round the world in 17 years
  • Shipbuilder HHIC lays off 60 workers through voluntary retirement
  • No decision yet on HMM, says Korea Development Bank
  • Coverting diesel dredgers to electric - costs and payback
  • Hayne Shipping's profit falls 85% in 2015
  • DP World will offer box weighing services across all terminals
  • Bohai Shipbuilding to construct China's first nuclear-powered platform
  • Dry bulk values predicted to rise over next 12 months
  • Investment conditions hold back port development in Southeast Asia
  • CCB Financial Leasing to fund four Pacific International Lines box ships
  • Syndicated marine finance deals slashed in half
  • US crude imports surge after export ban's demise
  • Obama threatens veto of enhanced US port funding

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The Loadstarweb site
APRIL 21, 2016
  • Hapag-Lloyd to merge with UASC after secret talks with Gulf owners
  • Productivity is declining at the world's biggest ports, 'but mega-boxships are not to blame'
  • Oil and gas market drills into Panalpina profit but logistics and other sectors grow
  • Shippers ask US Congress to weigh in on SOLAS VGM rule
  • The tale of United and its falling profits, Gordon and disaffected shareholders
  • DP-DHL's Frank Appel talks China, technology and drones

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Marine Logweb site
APRIL 21, 2016
  • WWL adds new HERO Class vehicle carrier
  • Twin Disc for new class of SEACOR Fast Supply Vessels
  • MAIB: Cemfjord capsize could have been avoided
  • Hapag-Lloyd and UASC in merger talks
  • Wartsila to eliminate 550 jobs
  • First methanol fueled tanker joins DNV GL fleet
  • UK P&I Club warns of VGM chaos and disputes

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World Wide Shipperweb site
APRIL 21, 2016
  • Northwest Innovation Works quits Port of Tacoma lease
  • Sea-Tac Airport sees gains in quarterly passenger totals
  • Beekeepers start new hives on Olympia Airport property
  • Four carriers ink MOU for creation of new alliance
  • Association of American Railroads reports weekly traffic numbers

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Lloyd's Listweb site
APRIL 21, 2016
  • EU places of refuge guidelines could form basis of global deal
    Issue to be debated at IMO next month
  • Container shipping's clear-out
    After a tumultuous week for ocean carriers, could weaker lines finally decide enough is enough and quit the liner trades?
  • Finland's Rettig sells ro-ro unit to Dutch company
    Divestment opens opportunities for Rettig, says president and chief executive
  • South Carolina Ports has a solid finish for the third quarter
    Riding on the momentum of Inland Port Greer, port authority announces plans for a second inland facility
  • VLGC spot rate finally rises over the week
    Rates at last move up as chartering activity east and west picked up
  • Mixed reception for new greenhouse gas proposals at MEPC
    Committee backs three-step approach as delegations divided over response to Paris Agreement
  • Optima Shipbrokers says dry bulker supply 'moving in the right direction'
    Broker's research shows 1.5m dwt fleet reduction in first quarter
  • Large marine hull claims rising in Nordic region
    Cefor report shows 13 losses in excess of $10m in 2015
  • G6 upgrades Asia-North America east coast routing
    Consortium responds to Panama Canal expansion with new China/Korea-US east coast service
  • Aegean Shipping inks deal for four aframax newbuildings in China
    Cosco Zhoushan yard scheduled to deliver crude carriers in 2018
  • Vale expects 2016 iron ore output at lower guidance range
    Brazil's mining giant anticipates Samarco JV only to resume production at end-year
  • Panalpina reports 10% slump in sea freight volumes
    Fall in container traffic is offset by improvement in gross profit per teu, while 5% growth in air freight volumes offsets falling yields
  • Charter market stays subdued
    And it's the post-panamax and panamax segments that continue to feel the brunt of overcapacity
  • Anglo American's iron ore and coal output falls
    Declines in iron ore production from South Africa outweighs higher volumes out of Brazil
  • Hapag-Lloyd and UASC in merger talks
    Box line consolidation accelerates as Qatar-controlled carrier aims to take shareholding in Hapag-Lloyd
  • Jones Act tankers boost Kinder Morgan's performance
    Newbuildings will see Kinder's fleet double to 16 tankers by the end of 2017, but questions arise over the development of the Jones Act tanker market
  • When will we learn?
    The industry is bound to repeat the failings seen in the Cemfjord and Höegh Osaka incidents
  • Patrick Australia mired in wave of stoppages
    At issue is the 'Part B' section of the Enterprise Bargaining Agreement between Patrick and the MUA pertaining to Port Botany
  • Wärtsilä to cut 550 staff amid persistent industry downturn
    Plan will mainly impact global operations for marine solutions and energy solutions segments
  • IPC set to start operations at terminal 1 of New Priok project this year
    New terminal to add 1.5m teu to existing Tanjung Priok capacity
  • Offshore sector faces more uncertainty before upturn
    Prolonged downturn could leave industry permanently scathed, experts warn
  • Costamare posts higher profits in first quarter
    Greece-based boxship owner appears to have no exposure to troubled liner operators
  • European organisations set out action plan for box weight checks
    Joint statement lists steps national authorities should take to ensure uniform approach to new rules
  • Cemfjord capsized 'suddenly and rapidly' says MAIB
    Cement carrier that sank with the loss of eight lives raises questions on regulatory exemptions

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The Journal of Commerceweb site
APRIL 21, 2016
  • Swift to cull truckload tractor fleet as revenue, profit slip
  • Exporters aim to capitalize on Oakland port's stronger rail link
  • Brazil rail operator hopes to steam through recession to record year
  • Soft pricing drives down Landstar revenue as load volumes rise
  • Fatal accident closes NY-NJ port's Global terminal
  • Tough investment market hampers Southeast Asia ports
  • Intermodal volume decline contributes to UP profit plunge
  • FMC chief confident US will be ready for container weight rule
  • 'Challenging' truckload rate market saps Werner revenue, profit
  • Oakland port to be all it can be via Army Base project
  • Hapag-Lloyd, UASC in merger talks
  • Costamare profit up a third
  • Carrier customers assess impact of redrawn alliances
  • DP World says it will weigh containers at all its terminals

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TradeWindsweb site
APRIL 21, 2016
  • Panama restrictions could impact tankers
    Draught limits as a result of lower water levels could hit Ecuador-to-US crude shipments, broker says.
  • Cooperman takes helm of Stolt's board
    Four decades after joining company, chemical logistics veteran named chairman; Troim board seat approved.
  • Costamare says liner consolidation welcome
    Finance chief Greg Zikos sees the positives of major new alliance and merger talks.
  • Restis family lifeline bolsters Seanergy
    Revolving facility from controlling shareholder upsized to $16.3m to pay working capital.
  • HHI closes part of yard after worker deaths
    Three workers have died so far this month at South Korean shipyard.
  • Aqualis teams with China on offshore projects
    Norwegian company and CSDC to work together on engineering services to newbuildings.
  • Diana in breach of BNP loan covenant
    New York-listed bulker owner says loan to value clause has been crossed.
  • HCI Capital takes over Ernst Russ
    Maritime investor expands its shipping portfolio through acquisition of traditional German company.
  • Dutch multipurpose ship grounds off Greece
    No pollution reported following damage to the forepeak of 1999-built vessel off Lesvos.
  • Navios Acquisition tankers log pay rise
    Trio of products tankers have secured deals at higher rates, owner says.
  • Hurtigruten signs for expedition ships
    Norwegian owner heading to Kleven for its largest ever investment in new polar tonnage.
  • QMS hits back in cancellation row
    Abu Dhabi owner to launch lawsuit against TAS Offshore after scrapping ship contracts.
  • Pareto predicts dry asset price upturn
    Analysts pin down price trough and expect possible 20% upturn in the next year.
  • Hapag-Lloyd in merger talks with UASC
    German owner confirms it is considering combining its liner business with Middle East rival.
  • Bakri bags tanker from Lykiardopulo
    Saudi owner believed to be behind the purchase of products tanker from Greek firm.
  • G6 reshapes Asia/North America trades
    Boxship alliance adding new run amid suspensions and reactivations.
  • York Capital takes a stake in Songa
    International investment fund acquires 7.25% of Oslo-listed owner following financial restructuring.
  • Dry your eyes; worst in past for bulk
    Upgrades for Star Bulk and Diana as ABN AMRO sees positive demand indicators.
  • Master underestimated storm in fatal sinking
    Cemfjord lost with eight lives off Scotland as captain headed into "extremely violent" conditions.
  • Bumi sues Woodside for $283m over FPSO
    Malaysian owner claiming damages from Australian energy company over charter termination.
  • Nova Star Cruises files for bankruptcy
    Canada to US operator takes shelter from creditors owed more than $12m.
  • Hapag-Lloyd in alliance talks with UASC?
    German media report that Hamburg-based company could form new venture with Middle East rival.
  • ABG Shipyard given debt ultimatum
    State Bank of Patiala wants debts settled within 15 days.
  • Aegean reveals Chinese aframax order
    Greek owner inks four tankers at Cosco Zhoushan.
  • State steps in to save Hyundai Merchant Marine
    Struggling Korean shipowner to become subsidiary of Korea Development Bank through debt swap, creditors say.
  • Wartsila to sack 550 due to market downturn
    Half of the jobs to go will be from Finland as company looks to battle weak market situation.
  • A&P Group secures wind vessel contract
    UK ship repair group looks to tap regional renewable energy sector with latest contract.
  • Liner reliability bucks five month losing streak
    Asia-Oceania and Europe-Middle East trades see improvements of 14.2% and 10.4% respectively.
  • Nomura upbeat on Hyundai Heavy turnaround
    South Korean shipbuilding giant's results forecast to come in 93% above consensus estimates.
  • Singapore to call for MINT Fund proposals
    Priority to be given to areas such as drones, ballast water, data analytics and vessel productivity.

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American Shipperweb site
APRIL 21, 2016
  • CMA CGM postpones deployment of 18,000-TEU ships in transpacific
  • Correction: Trade associations band together on conference to promote air cargo
  • OCEAN Alliance representatives meet with FMC
  • Dachser's revenues jump 6.5%
  • TIACA: air cargo industry can help stop IPR violators
  • WWL adds third post-panamax ro/ro ship
  • HCI Capital buys German shipping company
  • CBP to host Trade Symposium in Phoenix
  • Hapag-Lloyd, UASC in merger talks
  • NEWS FLASH: Hapag-Lloyd, UASC in merger talks

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The Bunker Bulletinweb site
APRIL 21, 2016
  • Japan/South Korea 380 CST bunker spread slumps to near three-month low
    Brought on by ample supplies, weak demand in Japan; supply tightness in South Korea.
  • Bunker traders welcome clearer direction on ECA regulations in Shanghai
    Berthed vessels have option of using alternative power sources in place of low sulfur bunker fuel.
  • First May-loading fuel oil VLCC arbitrage fixture to Asia on subjects
    The Nave Neutrino is scheduled to load at Rotterdam on May 4-5.
  • Black Sea-Mediterranean Handysize clean-dirty spread hits 2016 high
    The spread was high enough to pay for the cost of preparing a vessel that normally carries dirty products to transport clean products.
  • Oil rallies on large, unexpected draw in US distillate stocks
    US distillate stocks fell 3.554 million barrels last week to 159.935 million barrels.

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