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25 September 2021 The on-line newspaper devoted to the world of transports 00:15 GMT+2

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Sched Netweb site
JANUARY 26, 2016
  • Low-sulphur fuel sales almost triple in 2015 at Port of Rotterdam
  • Forwarders gloomy on China's prospects, some pin hopes on intra-Asia
  • Dutch 'disappointed' with OECD-backed EU order to cut port tax breaks
  • France's No 1 port - HAROPA - has a good year though boxes up only 0.7pc
  • Greek shipowners reject European Commission call for big tax bite
  • Baltic Dry Index extends record low readings for 13 straight sessions
  • Maersk's APMT signs Cartagena JV on hopes of Colombian growth
  • Spiralling oil prices in 2015 reduce China trade value to Saudi, Iran
  • Slowdown in box traffic to hit freight stations at JNPT port
  • Air carriers form new association to fight rising costs at European airports
  • United profit soars 548pc to US$7.3 million on income tax reversal
  • United pilots ratify 2-year contract extension but other talks ongoing

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Exim Indiaweb site
JANUARY 25, 2016
  • ASIC hosts high-level Indo-Nepal trade meet in Kolkata
  • DSV's acquisition of UTi Worldwide Inc. approved & closed
  • Mediterranean to West Europe, epicentre of evolution of Maritime Law
  • MSC places embargo on shipments of shark-related products
  • Iran asks oil cos to stay away from middlemen while buying its crude
  • DP World forms JV to invest in Russian port & logistics infrastructure
  • Krishnapatnam Port proves its resilience yet again
  • Mumbai Port Trust commences construction of passenger jetty at Kanhoji Angre Island
  • New reefer yard inaugurated at JNPCT
  • L&T Construction wins INR 1,213 cr. Western Dedicated Freight Corridor project contract
  • Engineering exports decrease due to slowing global demand
  • Exports of farm commodities may fall by 25 pc this fiscal
  • Forex reserves fall further to $347.20 bn
  • Steep fag-end rally helps INR to minimise loss; ends weak at 67.63
  • Textile exports may cross $40 bn mark, but still below target of $47.5 bn
  • Looking at 2016 through the smoke screen of 2015

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International Transport Journalweb site
JANUARY 26, 2016
  • Swire Bulk expands Atlantic presence
  • Daimler Trucks branching out in North America
  • Fast inter-American sailing from Veracruz today
  • Carloads dwindle in 2015
  • Two leading lights for Soget
  • Strengthened by wines and spirits
  • Single selection for Piraeus
  • Strukton Rail takes over CLF
  • Arkas and Hapag-Lloyd to the Black Sea
  • New senior advisor for HHL
  • Shepherding sheep to Ecuador
  • Röhlig's seafreight in safe hands
  • Satisfactory year for Tanger Med
  • Forwarders fear border controls
  • Lithuanian Railways to extend Klaipeda railway node
  • SAA adds Abuja to network
  • Danish company wins GPS tracking contract

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IHS Maritimeweb site
JANUARY 25, 2016
  • MOL drills prove their worth
    Japanese shipping company Mitsui OSK Lines' enhanced emphasis on passenger ship safety proved fortuitous when a fire broke out on one of its ro-ro ferries. The 11,401 gt Sunflower Daisetsu, operated by MOL subsidiary MOL Ferry, was carrying nearly 100 passengers and crew when it caught fire off the...
  • Building Credibility for "Green" Ships Technology
    Today, we are pleased to introduce to the Maritime Industry the innovative SetelHellas MRV Solution which has been developed as a "natural extension" of SeeMBox-V, in respect to the new MRV Regulation (EU) 2015/757 that requires from ship owners and operators to monitor and report their carbon emissions (CO2) on...
  • Meyer Werft delivers first Breakaway Plus-class cruise ship
    Family-owned Meyer Werft has put down a new marker for high value-added German shipbuilding construction with the delivery of the 165,000 gt Norwegian Escape, the first of four vessels of the Breakaway Plus class. Norwegian Escape takes capacity, interior...
  • Container shipping to face tough year despite halving fleet growth
    The inflow of container shipping newbuildings is likely to halve this year from an all time high levels of 2015, but persistent weak demand will mean that the industry will be facing a tough year, a senior shipping analyst forecasts. Last year, 1.67 million teu were added to the global container...
  • CSCL delivers 2015 profit warning
    China Shipping Container Lines (CSCL) today issued a profit warning that it will lose an estimated USD426 million in 2015 following a year of low freight rates and asset impairment losses from vessels and containers. The Hong Kong-listed container line blamed severe market conditions for the huge financial turnaround...
  • China ship emissions rules dependent on support of energy giants
    The support of China's state-owned energy (SOE) companies is central to the success of plans by the central government to reduce the output of emissions from ships that pose a danger to public health in the vicinity of its major ports. With oil and natural gas upstream...
  • Record demolition sales unlikely to save dry bulk market in 2016
    Dry bulk vessel demolition sales are likely to reach an all time high this year, but due to weak demand the trading conditions are likely to remain very challenging, said Peter Sand, chief shipping analyst at BIMCO in Denmark. Sand forecasts that 40 million dwt of dry...
  • Higher car sales predicted to boost Hyundai Glovis
    More vehicle cargoes from its affiliates, Hyundai Motor and Kia Motors, would boost Hyundai Glovis' earnings in 2016, a report from True Friend Korea Investment & Securities has said. While 70% of Hyundai Glovis sales come from affiliates, the logistics arm of Hyundai Motor...
  • HHIC's creditors consider early cash injection
    South Korean shipbuilder Hanjin Heavy Industries & Construction (HHIC) will receive an early cash injection of KRW130 billion (USD108 million) from its creditors. Due diligence by the creditors, led by Korea Development Bank (KDB), showed HHIC is short of KRW250 billion, and KRW130 billion is...
  • Hyundai to suspend offshore yard
    As the drought in orders for drilling ships and offshore plants continues, Hyundai Heavy Industries will suspend operations at its No 2 Offshore Yard from 31 March onwards. The world's biggest shipbuilder said the yard, which was opened in 2012 on a 200,000 m² site in Onsan, builds floating production, storage, and offloading and...
  • Corsica Ferries founder Pascal Lota dies at 83
    Pascal Lota, the founder of Corsican ferry market leader Corsica Ferries, died on 19 January at the age of 83. Lota, who was born in the Corsican town of Bastia, led the company in a long battle for market leadership with former public sector operator SNCM. He argued that there was no...

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The Loadstarweb site
JANUARY 25, 2016
  • Congestion at Felixstowe sees Maersk to divert another Asia-Europe call to Gateway
  • Atlas Air celebrates Southern takeover - but rivals claim less competition 'may harm customers'
  • Container leasing companies 'all in the same boat' - swamped by "massive wealth erosion"
  • Boeing cuts back production rate of 747-8F as market 'stalls'
  • Will the latest air bag recall boost air freight?
  • BIFA Forward thinking forwarders Rebuilding the UK
  • Stuart Lloyd joins Bibby Distribution as client development director

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Marine Logweb site
JANUARY 25, 2016
  • Famed tall ship allegedly used to smuggle narcotics into NYC
  • ABS realigns Americas Division operations
  • Keppel FELS delivers its first rig of 2016
  • SENER develops LNG bunkering vessel design
  • World's first marine wireless charging and mooring concept
  • MARAD awards NRDF contracts worth $1.96 billion

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World Wide Shipperweb site
JANUARY 25, 2016
  • Port of Vancouver gives comment on oil transfer facility draft DEIS
  • Port of Port Angeles seeking grant to help fund industrial park site plan
  • Bureau of Transportation Statistics releases updated reference guide
  • Kalama truck/trailer/tank repair firm earns R-Stamp Welding Certification
  • DOT contracts total $1.96 billion for NDRF vessel maintenance

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Lloyd's Listweb site
JANUARY 25, 2016
  • Vale says Tubarao port shutdown will impact iron ore exports
    Court orders Vale to halt activities indefinitely because of environmental concerns
  • Jinhui Shipping issues profit warning
    Tough dry bulk market leads to impairment loss on assets
  • Employers and unions team up against bullying
    ITF and ICS guidance aims to eliminate harassment and bullying onboard ships
  • China to enforce first emissions control area from April
    Yangtze River Delta is first of three Chinese ECAs to announce firm plans for a cap on fuel sulphur content
  • China's Middle East fixation
    Oil and trade drive Beijing's renewed interest in the Middle East
  • Anthony Veder secures first certified 'sustainable' shipping loan
    UPDATE: Bureau Veritas verified sustainability principles of loan arrangement
  • Tourist boat accident off Nicaragua kills at least 13
    Owner reportedly ignores sailing ban despite adverse weather
  • Krishnapatnam port resumes capesize operations
    Floods shut India's 'cape hub' for over 50 days
  • Handysize index hits another all-time low despite rise in fixtures
    Market proves surprisingly feeble even as enquiries emerge ahead of lunar new year
  • How can tankers win investor confidence?
    Wrestling with shipping's big paradox of falling stocks and healthy prospects; but tanker owners can turn things around
  • Iran signs oil supply deal with Greek refiner
    Agreement reached after series of discussions in Athens and Tehran
  • Höegh LNG Partners increases cash distribution for fourth quarter
    Move takes annualised cash distribution to $1.65 per unit
  • Vallianz Holdings inks investment pact with China's CRRC units
    CRRC to tap on Vallianz's global network to promote its offshore and marine technologies
  • Goldenport suspends debt payments
    London-listed company in talks with lenders to restructure loans
  • International Bunker Industry Association picks Simon Neo as Asia regional manager
    Bunkering veteran has extensive experience in oil and shipping
  • AAPA calls on ports to ramp up infrastructure investment
    Modern, efficient seaport-related infrastructure key to US global competitiveness
  • Russian ports see mixed results in 2015
    Some ports saw moderate rise in oil products handled while others witnessed declines
  • Indispensable me
    Is a strong emphasis upon the indispensable nature of this essential industry sufficient to encourage a more positive public attitude towards our maritime world?

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The Journal of Commerceweb site
JANUARY 25, 2016
  • US trucking regulators seek more 'partners,' fewer opponents in 2016
  • High US industrial real estate absorption forecast for one more year
  • Savannah port expects slower growth after record 2015
  • US mid-Atlantic, Northeast cargo delays linger after winter storm
  • Kerry Logistics to soon acquire US forwarder
  • Four NY-NJ port terminals to remain closed Tuesday
  • Rico buys Circle Express, strengthens UK same-day network
  • Busiest India gateway more than doubles reefer capacity
  • China emission control areas hinge on state oil company support
  • Cargolux, Turkish Airlines buck trend, boost traffic
  • Europe-Middle East-South Asia trade a market 'oasis'
  • Asia's air, ship lines struggle to cope with overcapacity
  • Panama Canal doesn't expect new locks to bring rush of new services
  • China slow in tackling new container weight rules
  • CSCL expects $430 million loss in 2015

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TradeWindsweb site
JANUARY 25, 2016
  • Fredriksen joins Arctic in shipbroking venture
    Norwegian billionaire to hold 50% of shipbroking startup with investment bank.
  • Schlumberger to take 40% of Fortuna LNG
    Non-binding heads of agreement could serve as 'blueprint' for new partnership with Golar LNG.
  • Teekay FPSO restarts after three-week hiatus
    Operator puts Petrojarl Banff back to work after fixing impact of storm in North Sea.
  • Iran wants more accessible oil export terminal
    Port in the southern province of Hormozgan would reduce transit times for tankers.
  • Horizon Trader beached in India
    Old boxship previously owned by Matson and initially sold to be recycled in the US reaches Asia.
  • Libyan storage tank fires extinguished
    National Oil Co vows to rebuild facilities at Ras Lanuf destroyed by ISIS attacks.
  • NITC considering international IPO
    Iranian tanker owner outlines fundraising plans for fleet expansion after lifting of sanctions.
  • Alert over possible Somali piracy rise
    IHS suggests deteriorating political conditions in the Horn of Africa could result in pirate activity rise.
  • NITC considering international IPO to fund orders
    Iranian tanker owner outlines fundraising plans for fleet expansion after lifting of sanctions.
  • GRM Investments takes a first pinch of SALT
    Investor is a new name on the shareholder roster of Scorpio Bulkers.
  • Japan, Russia and Greece in Iranian deals
    Iran strikes trio of contracts with important clients, hot on the heels of sanctions removal.
  • Precious pockets $100m from debt sale
    Thai bulker owner succeeds in placing debentures carrying interest of 5.25%.
  • Arctic ups tanker view thanks to crude aid
    Norwegian finance house adds $10,000 per day to VLCC estimates for the next two years.
  • MSC containership refloated off Canada
    MSC Monica makes it to Quebec City after grounding in icy waters on Friday.
  • Japan and Russia sign Iranian oil deals
    Iran agrees contracts with key Asian client and Lukoil, hot on the heels of sanctions removal.
  • Three strikes to hit Jinhui in final quarter
    Bulker owner warns of impairments and investment losses with dry recovery timetable fluid.
  • General cargoship sinks off Panama
    VMF Alita was due to be scrapped, but went down off Colon after collision.
  • Clarksons sees $44bn fall in newbuild spend
    World's largest shipbroker says $69bn invested in 2015 with 2016 looking tricky.
  • SCI to post another annual profit
    Shipping minister Nitin Gadkari says Indian state owner on course for earnings of $66m.
  • Lundin Petroleum sells veteran FPSO for $265m
    Swedish oil company offloads 1971-built unit to M3nergy of Malaysia.
  • NYK may make warning on profit
    Japanese owner considering revision of earnings guidance in sluggish shipping market.
  • NITC 'highly likely' to place VLCC order
    EA Gibson says owner's first contract since summer of 2009 expected to be booked in China.
  • ITF tries again in Asia
    Crew union checking pay and conditions on vessels in Japan, Korea and elsewhere this week.
  • Veder gets green cash
    ABN AMRO helps Dutch group bank $71m in finance for LNG carrier through "sustainable" loan.
  • Hanjin wins cash injection
    Korean shipbuilder's creditors pumping in $109m of emergency financial aid.
  • CMES predicts bumper 2015 financial results
    Hot tanker market and ship scrapping subsidies expected to propel profit at Chinese shipowner.
  • Dry demo set for record in 2016
    Scrapping levels could surpass those of record year in 1986, say Deutsche Bank analyst.
  • RCL gets serious on cyber security
    With the threat to information security on the rise cruise giant takes preemptive action.
  • IBIA picks veteran for Asia post
    Bunker industry association appoints an ex-chairman as new regional manager in Singapore.

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American Shipperweb site
JANUARY 25, 2016
  • GATX posts flat 2015 revenues, earnings

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The Bunker Bulletinweb site
JANUARY 25, 2016
  • Tankers: Traders charter new build VLCC and Suezmax to ship gasoil
    More such deals were expected on the back of the contango in the gasoil.
  • UAE's Gulf Petrochem to expand Fujairah oil products storage terminal
    Storage capacity at the world's second-largest bunker fuel hub to up by 243,280 cu m, via tender.
  • Dry bulk shipowner Swire Bulk starts office in Miami, Florida
    The opening marks the eighth office.
  • China's CSSC OME delivers IMOIIMAX tanker Stena Imperative to Stena Bulk
    The MR-sized tanker is the 5th of 10 tankers ordered.
  • IBIA appoints new regional manager
    Singapore-based Simon Neo has more than 30 years of oil and shipping industry experience.
  • FEATURE: Major global bunker firms eye Latin American growth in 2016
    Trading firms shrugged off red flags in the troubled region.

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