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16 September 2021 The on-line newspaper devoted to the world of transports 18:25 GMT+2

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Sched Netweb site
DECEMBER 7, 2017
  • CMA CGM to levy Asia-Mideast/Med/ECSA rate increases
  • Maersk still leads as biggest box carrier with Hamburg Sud buyout
  • Japan's trade surplus up 21pc in October, exports up 2pc
  • Containership fleet tops 21 million TEU mark, reports Alphaliner
  • Fall in US scrap paper exports to accelerate on tighter rules
  • Seattle, Tacoma up 6pc to 2.45 million TEU in first 10 months
  • Sino-Canada talks stall, China balks at too many trendy strings attached
  • Container lessors see sellers' market with global shipping upturn
  • ERTMS threatens competitiveness of Dutch railways
  • Bangladesh starts WTO pilot scheme to cut port congestion
  • Forwarders go hi-tech to beat digital logistics disruptors
  • AirBridgeCargo 10-month volume up 15pc to 575,000 tonnes in 2017
  • Irish-owned Safair and Airlink seek South Africa's okay to unite
  • Air cargo screening expected to grow 6pc a year till 2021: study
  • Asia Pacific airlines cargo grows 5.8pc in October: AAPA

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Exim Indiaweb site
DECEMBER 6, 2017
  • GAC wins excellence in logistics award
  • London P&I Club warns of increased risk at congested Chittagong anchorage
  • MOL & others jointly earn AIP for design of LNG-powered coal carrier
  • Latvia's Riga port seeks enhanced cooperation with India
  • India likely to operationalise INSTC next month
  • New Logistics Division created in Department of Commerce
  • FIEO welcomes Mid-Term Review of Foreign Trade Policy
  • Govt revises tariff value of various products
  • RBI maintains status quo on key rates
  • Revised FTP will make Indian exports more competitive, says Minister

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International Transport Journalweb site
DECEMBER 7, 2017
  • GAC Samudera - 3PL partner for Cussons
  • Estonians first Europeans to operate CRJ200 SF
  • New brand for Swiss headhunting and HR company
  • Major client anchors in Lubeck
  • Logistics for urea and ammonia plant
  • New project in Southampton
  • Massport hires Gleason for business development
  • CMA CGM cashing out in Los Angeles
  • Enhancing rail network to Arctic region
  • From Nigeria to Dubai
  • Changing platforms: from Inttra to Xeneta
  • Three more companies join Daseke
  • China trains ramp up Duisport volumes
  • New rail line opens in Central Asia
  • Iata predicts next cargo record year
  • More hinterland connections for port of Zeebrugge

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IHS Maritimeweb site
DECEMBER 6, 2017
  • Southeast Asia looks to capitalise on China's Belt and Road
  • East Africa attracts Belt and Road investment
  • Brexit fears prompts P&I European mainland move
  • Lloyd's marine insurer explains US platform launch
  • Port group ABP seeks to boost UK's Brexit economy with launch of 'rejuvenated' property arm
  • How Middle East can benefit from China's Belt and Road initiative
  • Fujian Guohang orders three bulk carriers at Wuchang Shipbuilding
  • MOL wins preliminary approval for LNG-fuelled bulk carrier
  • Sembcorp Marine poised to win Shell FPU project
  • Samsung HI's stock price tumbles on forecast loss, capital increase
  • Polemis tankers get highest scrap price in India in 2017
  • DSME successfully sues over failed shipyard project

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The Loadstarweb site
DECEMBER 6, 2017
  • Hamburg Süd fleet could be cut as Maersk faces up to takeover conditions
  • Blog alert on the ease of cyber attacks on ships was pure scaremongering
  • The ACID test for air freight safety: successfully sharing incident data
  • ICAO backs new air cargo rules on lithium batteries and other dangerous goods
  • More market-leading brands join the fight against the trade in fake goods
  • APMT backs off from selling facilities at India's Pipavav port
  • UPS, overwhelmed by online orders, warns of delivery delays

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Marine Logweb site
DECEMBER 6, 2017
  • VIDEO: VT Halter Marine launches second LNG-fueled Crowley ConRo
  • Shell Marine books major COSCO Shipping marine lubricants order
  • Resolve strengthens client services team
  • MOL plans to use LNG to fuel a coal carrier
  • MAN's ME-GI and ME-LGI engines mark operating hour milestone
  • Underwater permanent repair means no delay for chemical tanker
  • De Nora names Kyriacou GM of Balpure BWMS business unit

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Lloyd's Listweb site
DECEMBER 6, 2017
  • Angelicoussis greenlights first FSRU in new LNG spree
    Maran Gas adds optional second regas unit to original deal with DSME and orders two more carriers
  • Christmas cheer engulfs dry bulk owners
    Positivity expected to continue through next year as market is in balance, but participants need to refrain from newbuilding orders
  • BW LPG expects Marcus Hook exports to mainly benefit VLGCs
    Energy Transfer Partners' Mariner East 2 pipeline widely predicted to boost LPG tanker demand in 2018
  • Tanker owners optimistic over 2018 earnings prospects
    Scrapping and falling oil stocks could trigger market recovery, leading owners say
  • DryLog buys two Mitsui supramaxes
    Peter Livanos-backed company said to have exercised purchase options
  • Ridgebury Tankers confirms deal for four VLCCs
    Riverstone-backed firm looks at four-year investment span to sidestep regulatory hurdles
  • Asian shipbuilders join the IMO
    Ninety percent of global shipbuilders now have direct influence in the IMO
  • Period rates for tankers pressured by limited charter interest
    The S&P market is active, with several sale and leaseback deals seen
  • China consolidates its power in Top 10 box ports 2017
    As part of our 2017 Top 100 most influential people in shipping series, we look at how China's dominance in the...
  • Daily Briefing
    As our recently published Outlook 2018 series showed, conditions are ripe for a sustained market recovery in many sectors -...
  • Shippers versus carriers: from confrontation to collaboration
    Relations between carriers and shippers have been strained in the past, but with renewed effort there is scope to bring...
  • Vitol to take Latvian Shipping private
    Extraordinary shareholders' meeting to be held on December 20
  • Australia provides $78m to integrate maritime safety services
    Government funding over a 10-year period to help shipping transition to a national system versus state-specific, with the Australian Maritime...
  • Samsung Heavy Industries to raise $1.4bn through share offering
    Part of the proceeds will go toward paying off corporate bonds and other debt maturing in 2018
  • MOL secures approval in principle for LNG-powered bulker
    Vessel is designed with the LNG fuel tank at the stern to optimise cargo capacity
  • Chinese ports set for boost from robust global trade and sector consolidation
    Government-driven consolidation of Chinese port sector is nowhere near the end, says OCBC Research
  • Shipping industry groups call for ban on carriage of high-sulphur fuel oil
    A ban on the carriage of fuel oil with content exceeding 0.5% sulphur will help prepare for the full implementation...
  • Aluminium demand to grow 4% a year over next five years, says Rio Tinto
    Improved demand scenario likely to continue over a 15-year span and present opportunities for dry bulk vessel owners
  • DSME fined for late issuing of subcontractors' contracts
    Shipbuilder issued a total of 1,143 contracts only after subcontractors had started work
  • Sembcorp Marine unit inks pact with Shell for floating production facility
    Vessel will be deployed to the Mississippi Canyon in the US
  • IACS chairman reiterates call for pro-investment rules to boost new technology adoption
    Association in the process of adapting regulations to new requirements and removing regulatory barriers, says Knut Ørbeck-Nilssen

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The Journal of Commerceweb site
DECEMBER 6, 2017
  • NY-NJ truckers wary as chassis depot exits APM Terminals
  • ILA-USMX contract talks break off over automation
  • Truckers step up ELD protests as mandate looms
  • New Russian rail operator set to boost competition
  • Cosco given EU green light for OOIL takeover
  • Air cargo rates soar in peak season frenzy
  • Maersk: Indian reforms put trade on path for growth
  • Latin America tops Maersk's trade lanes after Hamburg Süd takeover

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TradeWindsweb site
DECEMBER 6, 2017
  • Grupo TMM to spin off indebted subsidiary
    Mexican shipowner to sell 85% of its interest in TMM Division Maritima to remove subsidiary's debt from balance sheet.
  • Solvang shareholders tender to Steensland
    Latest offer from group backed by chairman receives nominal interest as market price above offer.
  • Pyxis Tankers plots new $4.8m equity raise
    New York-listed tanker owner looks to offer stock to private investors, possibly to lower debt.
  • China's ICBC sale-leaseback book hits $10bn
    Popularity of sale-leasebacks is fueling growth of Chinese lessors, says ICBC executive.
  • obensmith shares lessons from bulker market 'depression'
    Genco Shipping chief guides on the right levels of debt and dividend payments.
  • Crowley realigns shipping and other units
    Closely held company looks to restructure units to better focus company on different segments.
  • Saverys: 'If you can't stand over ordering, leave shipping'
    CMB chief Alexander Saverys says continued recovery in dry bulk will depend on demand.
  • GTT gears up for LNG fuelling future
    French cargo containment system designer buys Singapore-based Ascenz.
  • Craig Stevenson: '2018 is a turnaround year'
    Financial and then freight markets are set for a comeback, Diamond S chief says.
  • Indian tanker tenders "not workable"
    Domestic owners say floating rates will deter banks from lending.
  • James Fisher snaps up engineering company
    UK shipowner spends $12m on wind farm operation EDS HV.
  • Volatility and liquidity key to Burke's VL buys
    Ridgebury chief executive tells TradeWinds why the company has bought four early 2000-built tankers.
  • Magseis snags third Red Sea extension
    Oslo owner signs further deal with Saudi Aramco.
  • CNOOC plans to use LNG ships for storage
    Two on-charter LNG carriers set to provide emergency back-up to prevent gas shortages
  • EU approves CoscoCS's OOCL takeover
    $6.3bn containership deal clears another major regulatory hurdle.
  • Ro-pax owner Color Group plots IPO
    Norwegian ferry company eyes Oslo listing to grow operations and cash in on leisure boom.
  • Maersk Line securing higher rates for 2018
    CCO Vincent Clerc says a number of renewal increases have been negotiated so far.
  • SMM: three in 10 owners plan new orders in 2018
    Maritime survey suggests increasing prospects for fleet renewal investment amid "light at end of tunnel".
  • Cocaine seized from Klaveness boxship
    $248m Spanish haul hidden in cargo of bananas from Colombia.
  • TNG hurt by spot costs in third quarter
    Croatian MR owner says profit lower despite higher revenue.
  • Owners tear up three EMAS bareboat charters
    But Singapore operator trying to negotiate new deals for PSVs and AHTS.
  • Danske Bank cuts Norway's Odfjell
    Lower rating comes amid the belief tanker market recovery will take some more time.
  • Thorco Projects expands into dry-bulk
    Danish multi-purpose/projects cargo specialist Thorco Projects is moving into the dry-bulk realm with the launch of a new handysize division.
  • Boa Offshore eyes further layups
    Two OCVs could be stacked if no new contracts are won next year.
  • Western Shipyard buys Marine Technology
    BLRT-owned yard takes over cable transport systems supplier.
  • 3 Maj yard wins cruiseship order
    Croatian builder to construct polar exploration vessel by 2020.
  • Vitol taking Latvian Shipping private
    Trader and shipowner to delist Riga product carrier company after building stake to 91%.
  • Japanese LNG-powered bulker design secures AIP
    MOL to forge ahead with the cutting-edge concept, but no timetable for newbuildings.
  • Samsung Heavy Industries plans rights issue
    South Korean shipbuilder says proceeds from fund raiser will improve its financial status.
  • Glomar Offshore seals charter for standby vessel
    Dutch shipowner says contract signifies its worldwide capabilities and global approach
  • Maersk-Hamburg Sud tie-up to benefit Singapore
    Container throughput and flag set to benefit from takeover, says Danish owner's top executive.

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American Shipperweb site
DECEMBER 6, 2017
  • CBP envisions 'four-lane road' ahead
    While U.S. Customs and Border Protection's basic responsibilities with regard to cross-border trade-security, enforcement and facilitation-...
  • NLRB: Pasha culpable for shipbuilding labor contract violations
    The National Labor Relations Board (NLRB) has upheld a labor union complaint against transportation and logistics company The Pasha Group a...
  • Lineage acquires eight LA-area warehouses
    International warehousing and cold chain specialist Lineage Logistics, LLC has acquired eight temperature-controlled warehouses from Los An...
  • CBP's next ACE post-release deliverable set for Dec. 9
    U.S. Customs and Border Protection (CBP) will roll out the second deliverable of post-release capabilities in its new umbrella system on De...
  • NCBFAA to FCC: Brokers aren't importers of RF devices
    The National Customs Brokers and Forwarders Association of America (NCBFAA) has filed a petition with the U.S. Federal Communication Commis...
  • IATA: Air cargo growth expected to continue in 2018
    Global airfreight in 2018 is expected to see continued gains in both cargo volumes and profits, according to forecasts from the Internation...
  • Construction crews complete 515-foot towers for new POLB bridge
    State, local and federal officials, along with construction crews, came together Dec. 5 to mark the milestone completion of two 515-foot-ta...
  • St. Johns Riverkeeper pushes to postpone JaxPort dredging
    The St. Johns Riverkeeper filed a motion for preliminary injunction on Monday to postpone the first phase of the impending St. Johns River ...

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The Bunker Bulletinweb site
DECEMBER 6, 2017
  • Iraq completes new southern export pipeline
    Iraq's State Company for Oil Projects, of SCOP completed the construction of a new pipeline to transport up to 1.5 million b/d of crude oil from the country's southern oil fields to its export terminals, giving it increased flexibility in exports.
  • Oil market to remain oversupplied despite OPEC rollover: IEA's Atkinson
    The global oil market will remain oversupplied in the first half of 2018, and on average oil supplies will continue to exceed demand, despite the OPEC-led move to extend production cuts until the end of next year, the International Energy Agency's chief oil analyst told S&P Global Platts Wednesday.
  • Nigerian oil output up marginally in November, trails target for 2017: oil ministry
    Nigeria's oil production including condensates rose to 2.044 million b/d in November, up from 2.03 million b/d in October, according to estimates Wednesday by the country's petroleum ministry, indicating that the West African country may not be able to meet its 2.2 million b/d output target set for this year.
  • EIA says residual fuel oil stocks hit five-year low
    US fuel oil stocks ended the week at their lowest levels in more than five years, US Energy Information Administration data showed Wednesday.
  • NYMEX cracks weaker after EIA data shows product builds
    NYMEX product cracks led the oil complex lower Wednesday after US Energy Information Administration data showed larger-than-expected builds in gasoline and distillate stocks last week.
  • Par Petroleum CEO says Hawaii refinery well-positioned ahead of spec changes
    Par Petroleum has been successful in leveraging the Mid-Pacific location of its 93,500 b/d Hawaii refinery, sourcing crude from multiple locations and seeing higher demand for diesel and octanes going forward, Par Petroleum CEO Joseph Israel said in an interview.
  • Istanbul bunker premium to benchmark at six-week high despite moderate demand
    The premium of bunker fuel at Istanbul over the regional high sulfur fuel oil benchmark has reached its highest point in six weeks amid a soft HSFO market, sources said.
  • External: Marine Bunkering(Rotterdam)B.V.
  • External: Wired Bunkering
  • France's Total inks deal to supply LNG bunker to CMA CGM's 9 new box ships
    The deal covers the supply of about 300,000 mt/year of LNG fuel for 10 years starting 2020.
  • TANKERS: Baltic Handysize freight rallies to 3-month high
    The Baltic-UKC route for 30,000 mt cargoes rose to Worldscale 180 Monday afternoon, up w25 from Friday.
  • FUTURES: Crude falls on higher US gasoline, distillate stocks
  • TRADER NOTE: Vitol's head North Sea trader Rod Crozier to retire
    Crozier was expected to step down in January.

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