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23 September 2021 The on-line newspaper devoted to the world of transports 23:06 GMT+2




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Sched Netweb site
APRIL 28, 2016
  • CMA CGM increases Asia-South Africa rate US$200/TEU from May 15
  • CMA CGM ups Asia-Pakistan/Sri Lanka rate US$100/TEU May 1, May 15
  • MOL hikes Asia-southern Africa rate US$250 per TEU from May 15
  • Containerisation celebrates 60 birthday as box that changed the world
  • Maersk starts direct Cork to Cuba service calling at Mariel port
  • IRISL runs services to Hamburg, Antwerp and Genoa, next to South America
  • Nearest deep water to Panama, Manatee increases box volume 36pc
  • French national rail strike disrupts freight to and from major ports
  • Cass Truckload Linehaul Index on downward slide, falling 0.6pc in March
  • Port Elizabeth's Maher container terminal to be sold by Deutsche Bank
  • Hiab to beat on-road load handling with interoperability connectivity
  • Kalmar to deliver 9 diesel-electric straddle carriers to Hamburg
  • Drewry air cargo index upticks 0.3pc, bringing cheer to unhappy sector
  • Hactl wins gold at Hong Kong Awards for Environmental Excellence
  • Uzbekistan Airways to begin cargo Navoi-Tehran flights with Korean Air
  • India mulls allowing importing planes of up to 18 years for regional flights

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Exim Indiaweb site
APRIL 27, 2016
  • A crucial trigger point for container shipping seen looming in 2016
  • Importance of anticipating market changes in shipping stressed
  • MOL inaugurates maiden CIS service vessel at JNPCT
  • India restricts some imports from China
  • DP World Nhava Sheva carves path towards a bright future for school & college students in Uran
  • Feeder service to Colombo commences from Kakinada Container Terminal
  • JN Port's NSIGT berths 2nd longest, deepest vessel
  • Significant rise in Major Port modernisation projects approved so far in 12th Five-Year Plan
  • Ministry aims at doubling road construction

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International Transport Journalweb site
APRIL 28, 2016
  • Food logistics specialist favours the railway
  • Europa's sizzling pact for BBQs
  • Longer trains and high utilisation rate
  • Swedish Orient Line on track
  • More important role for Polaris in Mississauga BoT
  • Agility publishes CSR report 2016
  • Earnings up despite shrinking revenues
  • Virgin Atlantic re-introduces daily cargo flights to Chicago
  • New berth for Cuxhaven
  • Baca welcomes four new governors
  • Under starter's orders: 24 hour breakdown service
  • Helmswoman replacing Peters at HHLA
  • Etihad adds regional maindeck capacity
  • PD Ports splurging out on hoisting gear
  • "Happy" drinks from "Spirit Valley"
  • CKYHE reshuffling Asia-US east coast services
  • Asian cargo volumes remain soft after Lunar New Year

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IHS Maritimeweb site
APRIL 27, 2016
  • Scorpio Tankers buoyant amid strong product tanker market
  • Hamburg forwarders laud infrastructure plans
  • Pirates target crew off West Africa
  • Euronav 'strongest' quarter fails to boost share price
  • Great Eastern re-works Kamsarmax order at Jiangsu
  • Growing public demands will test salvage sector, warns expert
  • South Korea urges its businesses to seek Iranian offshore work
  • Hyundai Glovis' first quarter profit up over 48% year on year
  • Hanjin Shipping sells its last stake in H-Line Shipping
  • Concordia Maritime upbeat after strong start of year
  • Seoul unveils plan to save shipping lines and shipbuilders
  • Avance Gas optimistic for VLGCs despite dip in profit
  • Market prepared for Sete Brasil bankruptcy, says investment analyst
  • CKYHE confirms alliance until March 2017
  • CSSC (HK) Shipping obtains financing for six Newcastlemaxes
  • Tanker blaze injures two crew off Indonesia

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The Loadstarweb site
APRIL 27, 2016
  • Seaspan has 'no worries' Hanjin will default on charters; while HMM wins some rate cuts
  • ITF and IMEC invest $3m to support maritime training in Ukraine
  • Call for mediation as pilots' dispute with Atlas Air management over contracts escalates fast
  • Haiti makes new bid to find an operator interested in developing port of Cap Haitien
  • Amazon opens first Colorado facility - development in Denver next?
  • Virgin Atlantic appoints Ryan Ellis new head of GSA management
  • Kenya's Astral Aviation set to introduce commercial delivery by drone
  • Toyota's 'quake-proof' supply chain that never was

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Marine Logweb site
APRIL 27, 2016
  • Third EBDG designed ATB barge joins Harley fleet
  • Ingalls Shipbuilding starts fabrication of DDG 121
  • PSV newbuild being transformed into expedition yacht
  • Ecuador crewboats built with Incat Crowther design and kit
  • KBB to present new turbocharger solutions at CIMAC
  • ABS reports another year of strong performance
  • Lloyd Werft Group: new player in mega cruise ship market

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World Wide Shipperweb site
APRIL 27, 2016
  • Port of Portland holding contest as part of anniversary celebration
  • Association of American Railroads releases weekly traffic numbers
  • V.Ships Offshore nets deal to manage SURF/IMR vessel
  • Gener8 Maritime takes delivery of new 'Eco' VLCC tanker
  • Diana Shipping extends charter for Panamax dry bulk vessel CLIO

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Lloyd's Listweb site
APRIL 27, 2016
  • Royal Bank of Scotland toppled as largest lender to Greek owners
    Petrofin survey identifies Credit Suisse as new top banker to Greeks in overall tighter lending market
  • Yang Ming president dies, aged 59
    Companies mourns loss of Hermann Yu , 'a highly capable person with vision'
  • Product tanker rates soften, but pockets of strength hold out
    Market participants anticipate demand upswing and new inquiries, oil products glut building up gradually
  • Navios Midstream grows first-quarter profit
    Strong VLCC market brings $1.7m from profit-sharing
  • Weak spot rates weigh on Avance Gas quarterly results
    Pure player suffers as VLGC bull runs appear over
  • Operating loss lies beneath Polarcus restructuring profit
    Revenues slide as seismic market competition remains high
  • Ocean Alliance poised to dominate transpacific trades
    New alliance would outstrip 2M in the world's two biggest trade lanes, says Alphaliner
  • New LNG investment decisions 'could take 10 years'
    Low crude prices are discouraging investment
  • Idle box fleet figure creeps upwards
    More than 4% of containership capacity is in lay-up
  • CKYHE to exploit expanded Panama Canal for US east coast services
    Alliance will employ 49 ships of up to 8,500 teu on route
  • Euronav first-quarter profit rises 40% on strong market and lower costs
    Updated: Paddy Rogers eyes expansion, undaunted by recent falls in VLCC rates
  • POSH secures $167.5m long-term charters for eight vessels
    Singapore-listed POSH says contract was awarded by Middle Eastern national oil company
  • Malaysia's TNBF awards contract of affreightment for coal shipments
    Contract worth $537m signed with four Malaysian shipping units
  • Keppel deems $170m provision for Sete Brasil rigs as 'sufficient'
    Singapore-listed Keppel stopped work on the Sete Brasil rigs last year
  • Viking Offshore & Marine appoints new chief executive and chief financial officer
    Former chief executive to remain at company as senior advisor to board of directors
  • Digitalisation will hit marine insurers 'like tsunami', Peermohamed warns
    Norwegian Hull Club chief sees improved efficiency and simplified processes
  • El Faro voyage data recorder located during second NTSB search mission
    Retrieving VDR to help with further investigation is the next step

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The Journal of Commerceweb site
APRIL 27, 2016
  • California senate proposes port equipment tax break
  • Oakland cold storage provider expands with port
  • Hub improves intermodal volume outlook after high profits
  • LaGrange to retire as New Orleans port CEO, successor named
  • Potential merger puts Hapag-Lloyd on negative credit watch
  • Ocean Alliance would be largest in east-west capacity
  • JNPT shippers urge authorities to step in to improve cargo clearance
  • Idle box ship fleet shrinks slightly
  • Deutsche Bahn starts Schenker IPO move
  • Lower transport rates bolster C.H. Robinson's first-quarter profit
  • Shippers await short-haul rail option to LA-LB ports
  • Dimensional pricing? Get used to it, LTL CEOs say
  • CKYHE Alliance isn't going anywhere right away

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TradeWindsweb site
APRIL 27, 2016
  • New mission required to recover El Faro VDR
    Investigators will have to wait to find out whether device has answers to the mystery of ro-ro's sinking.
  • Seadrill sells off SapKen stake
    John Fredriksen-led firm seeks liquidity as debt talks continue forward.
  • DryShips pays just $67m to related parties
    More than $8m in S&P commissions among charges paid to CEO George Economou, but total declines from last year.
  • RBS loses Greek shipping crown to Credit Suisse
    Research shows state-backed lender is no longer the dominant lender to Greek shipowners.
  • DryShips lenders declare debt in default
    UPDATE: Auditors express concerns about ability to continue amid covenant breaches and unpaid loans.
  • Avance keeps door open for consolidation
    Christian Andersen extends open invite for talks as US exports to Asia keep his view upbeat.
  • Greek ministry 'surprised' by listing
    Water influx on the Panagia Tinou occurred half an hour after specialist inspection.
  • Navios Midstream edges up earnings
    Greek VLCC owner boosted by arrival of two new ships, albeit at lower rates.
  • Samudera books lower revenue and profit
    Weaker contribution from Indonesian owner's diversified fleet hurt its top and bottom lines.
  • Arkas Line behind boxship purchase
    Turkish owner adds former Chinese vessel to its fleet as it teams up with Seago.
  • Ferry flooded in German shipyard
    Wega II partially submerged after sudden water ingress.
  • Sembcorp profit halved due to oil crisis
    Singaporean shipbuilder sees first quarter earnings fall by 48% as rig building slows down.
  • Scorpio Tankers first quarter results in line
    New York-listed products tanker owner matches Street forecasts in opening three months of 2016.
  • Rodgers: Prices support more deals
    Euronav boss says lower asset values are a positive for the company.
  • Tanker with Libyan crude barred from Malta
    Elektrans ship not authorised to enter port in row over oil cargo.
  • Hapag-Lloyd on negative watch at S&P
    Ratings agency outlines negative implications of potential merger with UASC.
  • AHTS rates crash back to earth
    Tonnage builds in North Sea ports as market takes turn for the worse.
  • Troubled WWS books quarterly profit
    Norwegian PSV owner returns to black but still faces financial difficulties.
  • Death ship unsold at French auction
    Ocean Jasper unwanted after 2007 accident that killed trawler skipper.
  • Chappell cuts Capital after payout sliced
    Analyst says move to the sidelines given owner's reduced payout.
  • BW LPG in sale-and-leaseback deal
    Oslo-listed owner puts pen to paper with Nissen Kaiun for the charter of three VLGC newbuildings.
  • ABS grows classed fleet by 5% in 2015
    US class society's total tonnage surpasses 230m gt.
  • Hanjin Shipping cashes in H Line chips
    Share in venture with Hahn & Co added to the line of asset disposals by South Korean owner.
  • Cammell Laird set for job losses
    UK shipbuilder could lay off 98 workers despite landing big new contract.
  • Seacor starts 2016 with bigger loss
    New York-listed owner takes a hit from the tough offshore market but boosts tanker revenue.
  • Cosco Pacific aided by mega merger
    Hong Kong-listed port group sees bottom line rise in first three months of the year.
  • Nordea's shipping loan losses rise
    Nordic bank reduces overall figure in first quarter, but marine performance worsens.
  • Euronav in the money in first quarter
    Tanker owner confident on the market, suggesting orderbook can be absorbed.
  • CKYHE rejigs US runs with 49 ships
    Boxship line's restructuring follows European reorganisation in March.
  • Seasonal slowdown hits Avance Gas
    Oslo-listed LPGC player sees profit chopped in half as revenue plunges in Q1.
  • Drewry downgrades Orient Overseas International
    A further fall in contract rates predicted during the second quarter following weak start to 2016.
  • BW and Hoegh tipped for Singapore FSRUs
    Hong Kong has also emerged as a potential user of floating technology to import natural gas.
  • Keppel comfortable with Sete Brazil provisions
    Singapore rig builder says it will continue to monitor situation with its advisers to best protect its interests.
  • Sky's the limit for new container storage facility
    Company thinks out of the box when it comes to storing empty containers in land scarce Singapore.

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American Shipperweb site
APRIL 27, 2016
  • Port of New Orleans's LeGrange to retire next April
  • SCPA: Let ports provide VGM data
  • CKYHE restructures Asia-U.S. East Coast service network
  • Panama Canal to select first neopanamax ship for transit this Friday
  • Pasha to import cars through San Francisco
  • 24-hour strike action to impact UPS hub in Cologne
  • NTSB locates El Faro's 'black box'
  • C.H. Robinson increases income despite decreased revenues
  • Executive Moves: Satellite Logistics Group and Integrity Logistics
  • Heartland Express sees Q1 profits tumble
  • Marten Transport's net income falls 19.6% in Q1
  • Carriers look to tamp down shipper concern over certifying container tare weights
  • Ryder manages growth story
  • Commentary: Time to heed Foltz's call for terminal utilization
  • South Korea vows more steps in revamp of ailing shipbuilders
  • U.S. trade deficit in goods plunges to 1-year in March
  • CN continues to grow profits in tough rail environment
  • North American freight market a mixed bag in March
  • ATA: Truck tonnage index falls 'back to earth' in March

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The Bunker Bulletinweb site
APRIL 27, 2016
  • Singapore's Equatorial Marine Fuel Management buys barges from Golden Lights
    Barges bought for marine gasoil operations.
  • IFO 380 CST 3.5%S Balboa assessment hits five-month high
    Strong competition for business was reported on both sides of the Panama Canal.
  • HSFO arb from NWE to Med seen opening in next week or two: traders
    The pool of Mediterranean supply has also been restricted by lower exports from Russia.
  • Panama Canal to hold lottery to pick first vessel to transit expanded waterway
    Earlier this month, the ACP had started taking reservations for Neopanamax vessels effective June 27.
  • Oil complex settles higher despite oversupply concerns
    While the durable goods data often vacillates, the data likely undershot most analysts' expectations.






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