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16 September 2021 The on-line newspaper devoted to the world of transports 18:42 GMT+2

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Sched Netweb site
DECEMBER 28, 2017
  • CMA CGM announces January rate hikes from last Asia to Red Sea
  • OOCL launches new Far East Chennai Service to expand India network
  • CMA CGM to resume CIMEX 9 service from China to Iran's Bandar Abbas
  • Israeli hack attack controls ship as if bridge directed - but with permission
  • Korea Maritime Corp to start as HMM orders mega ships to match rivals
  • Statistics show China-North Korea trade up 15.9pc month to month
  • Quarterly cargo at big ports worldwide up 6.4pc to 1.52 billion tons
  • Chittagong to ease congestion with US$29 million Karnaphuli dredging
  • West African pirates kidnap 10-man crew off coast of Nigeria
  • New PSA terminal at Mumbai's Jawaharlal Nehru Port opens January 15
  • CSX names Jim Foote CEO on sudden death legendary Hunter Harrison
  • HNA's opaque ownership stops sale of New Zealand finance company
  • Moscow's Sheremetyevo Airport aims to be European cargo hub
  • Christmas crustaceans post record gain through Halifax Stanfield

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Exim Indiaweb site
DECEMBER 27, 2017
  • Dutch shippers & entrepreneurs recognise "K" Line as shipping line of the year
  • Master Marine launches CTS mobile app
  • Mega ship delivery lined up in 2018
  • Merger of APL India Pvt. Ltd with CMA CGM Agencies India Pvt. Ltd
  • SCI adds Deendayal Port Trust, Kandla to its SMILE service
  • Refund/Claim of Countervailing Duty as Duty Drawback
  • Key decisions taken at DPT Board meet
  • MANSA ups ante at Mumbai Port to improve desired draught levels
  • Phase-I construction of BMCT at JNPT completed as per schedule
  • Govt focused on providing stimulus to boost exports
  • India's LPG imports to attain new high
  • Redressal sought for backlog of exporters' GST refunds
  • Transworld Group's P. Sethuraman honoured with Dr Kalam International Excellence Award in Dubai

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IHS Maritimeweb site
DECEMBER 27, 2017
  • Outlook 2018: China lessors keep up the financial pace
  • Outlook 2018: US inventory key to LPG trade in year ahead
  • Outlook 2018: Understanding technology's siren song
  • Outlook 2018: Bulk sentiment stoked by ordering restraint
  • Keppel O&M fined USD422 million in global resolution of bribery probe
  • Samkang S&C to continue LNG venture with Kangnam, Gas Entec
  • Busan to exceed 20 million teu target for 2017
  • Sembmarine to offload North Atlantic Drilling rig for USD500 million
  • Hyundai HI's stock price falls after announcing USD1.2 billion rights issue
  • Vale ends transhipment as floating station sold for scrap

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Marine Logweb site
DECEMBER 27, 2017
  • CMB's Hydroville is first LR classed hydrogen fueled vessel
  • PODCAST: Schoenrock Hydraulik eyes U.S. shipbuilding market
  • U.K. Coastguard assists listing Russian ship that lost cargo
  • ClassNK releases amendments to its steel ship Rules and Guidance
  • SEACOR buys four foreign-flag PSVs
  • NASSCO Norfolk wins Navy contract worth potential $98 million
  • Algoma Central buys four veteran lakers

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Lloyd's Listweb site
DECEMBER 27, 2017
  • DryShips accesses credit commitments secured by seven vessels
    New bank facilities and alternative financing for listed companies
  • D'Amico announces sale and leaseback deal
    D'Amico unit signs a memorandum of agreement and bareboat charter contract for the sale and leaseback of the MT...
  • Overcapacity still looms over boxship sector, Alphaliner says
    Effective fleet growth is rising faster than demand, according to Alphaliner
  • Pinter set to take over top job at Lloyd Fonds
    Former KG house promises new products including transport fund
  • Equipment shortage fears overplayed, Drewry says
    New paint rules threaten supply if demand increases
  • China's cuts to port fees forecast to streamline operations
    Changes to pricing structure will lead to more transparent and market-determined port-related fees, says Shanghai International Shipping Institute
  • Hanjin-affiliated university's president removed after disciplinary hearing
    The university plans to hold another disciplinary committee meeting next month to decide on further penalties against Ms Choi
  • Eyes turn to Sembcorp Marine after Keppel's Petrobras settlement
    Industry observers keen to learn whether shipbuilder's yard in Brazil will face a similar fine
  • Hyundai Heavy Industries aims to raise $1.2bn in share offering
    HHI will offer 12.5m new shares at $96 apiece
  • Cosco Singapore secures loan facilities to fund Cogent acquisition
    Loan of $261m to be repaid once parent China Cosco Shipping ceases to have a controlling stake in the Singapore...
  • Navig8 sees 'business as usual' after Gener8 and Scorpio deals
    Group will retain significant presence in shipping as a pool and asset manager, says chairman Gary Brocklesby

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The Journal of Commerceweb site
DECEMBER 27, 2017
  • 3PL outlook - rising revenue, customer demands
  • Citing congestion, carriers cut services to three China ports
  • US shippers' surface transport concern is capacity, not price
  • Busan's 20 million TEU threatens Hong Kong's global rank
  • Chassis sector eyes reforms to end fragmentation
  • India customs reforms seen easing Bangladesh congestion

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TradeWindsweb site
DECEMBER 27, 2017
  • Pinter takes reins at Lloyd Fonds as new strategy unfolds
    CEO Torsen Reichert is stepping down over disagreement regarding company's future.
  • Kawasaki cancels Island Offshore order
    Japanese shipbuilder hit by $115m extraordinary loss after cancelling drill ship order
  • Diana Shipping panamax nets higher rate from Glencore
    Deal latest in a line of higher-paying contracts for New York-listed owner.
  • Vale in scrap sale of giant transhipment unit
    Mining company said to have collected close to $20m from demolition deal.
  • Cosco Shipping acquires loans to fund Cogent buy
    Shipowner enters into two loan facilities totaling $261.3m to pay for part of acquisition.
  • DryShips inks fresh loans as veteran bulker is sold
    George Economou-led company reveals new debt facilities and the exit of 16-year-old panamax.
  • Russian ship founders off Portsmouth
    Tugs on standby as Mekhanik Yartsev is in trouble off the English south coast
  • Angelopoulos retires from Bureau Veritas
    Sixth-seven-year-old has been instrumental in Bureau Veritas expansion
  • Boxship leaders consolidate power in active 2017
    Alphaliner says top 10 lines hold record share of the market with tighter grasp to come.
  • Regulations fuel Marinakis optimism and investment
    Shipowner says chunk of the world fleet will be scrapped due to new regulations.
  • Alder Investment snaps up shares in Tufton Oceanic Assets
    London-based investment firm has taken a holding in freshly floated asset play vehicle.
  • Northport chases PDZ Holdings over unpaid fees
    Malaysian port goes after compatriot, but shipowner says funds were owed by former liquidated subsidiary.
  • Trafigura trades first Middle East, India LNG futures contract
    Initial transaction comes less than a year after Singapore Exchange launched DKI Sling.
  • Hyundai Heavy Industries plans $1.2bn rights issue
    Shares plunge up to 28% as it becomes latest Korean shipbuilder to look to bolster balance sheet.
  • GoodBulk takes extra CarVal capesizes
    Deal leaves Oslo OTC quoted shipowner with 25 vessels at the end of an active 2017.

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American Shipperweb site
DECEMBER 27, 2017
  • Trump enforces GSP as Dec. 31 expiration looms
    U.S. President Donald Trump has recently taken steps to enforce eligibility requirements for countries enrolled in a U.S. trade preference ...
  • CMA CGM to resume Asia-Iran CIMEX 9 service
    CMA CGM has resumed its CIMEX 9 service, which connects Asia with Iran, the French shipping company announced Dec. 26. The CIMEX 9 feature...
  • U.S.-Mexico trade holds strong despite transport challenges, NAFTA uncertainty
    Trade between the United States and Mexico has been increasing over the last several years, but the market continues to face headwinds from...
  • ZIM modifying Greece-Turkey loop
    Israeli ocean carrier ZIM Integrated Shipping Services is modifying the rotation of its TGX service by adding a port call in Turkey and shi...
  • MOL develops augmented reality system as precursor to autonomous vessels
    Mitsui O.S.K. Lines, Ltd. (MOL) has sealed an agreement with Furuno Electric Co., Ltd. and MOL Techno-Trade, Ltd. to jointly develop a syst...
  • CSX taps acting CEO Foote to replace Harrison
    The board of directors of CSX Corp. has unanimously voted to name James M. Foote as the company's new president and chief executive officer...
  • Singapore shipyard to pay $422m in bribery case
    Singapore-based shipyard operator Keppel Offshore & Marine Ltd. (KOM) and its U.S. subsidiary, Keppel Offshore & Marine USA, have a...
  • Calif. DMV employee plead guilty to illegally selling CDLs
    An employee with the California Department of Motor Vehicles has pleaded guilty to being a co-conspirator in a scheme to illegally sell com...
  • FMC reviews 18 OTI license applications
    The U.S. Federal Maritime Commission (FMC) has received 18 ocean transportation intermediary (OTI) license applications and changes for rev...

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The Bunker Bulletinweb site
DECEMBER 27, 2017
  • Arctic blast lifts NYMEX ULSD crack to around $26/b
    NYMEX February crude fell 33 cents Wednesday to $59.64/b. ICE February Brent settled 58 cents lower at $66.44/b.
  • US DATA: December West Coast-Mexico refined product vessel traffic spikes year on year
    This month's refined product vessel traffic going from the US West Coast to Mexico more than doubled from December 2016, S&P Global Platts trade-flow data showed Wednesday.
  • OUTLOOK 2018: Mexico, Venezuela outlooks key in 2018
    As the oil industry heads into 2018, Latin America is poised to take advantage of rising prices and ramp up in investment activity.
  • Russia's Gazprom Neft eyes long-term output growth on OPEC deal extension: CEO
    Gazprom Neft, Russia's fastest-growing crude producer by volume, will continue boosting liquids and hydrocarbons output in the long-run while viewing the OPEC/non-OPEC output freeze through 2018 as short-term that will not interfere with its strategic goals, CEO Alexander Dyukov said Wednesday.
  • Trump administration eyes Atlantic drilling, but hurdles remain
    From 1976 to 1983, the US government held 10 auctions offering oil and natural gas leasing rights off the East Coast.
  • External: Praxis Energy Agents S.A
  • External: Wired Bunkering
  • OUTLOOK 2018: Fujairah's bunker woes to spill over to 2018 on diplomacy, policy doubts
    Lack of clarity on some government policies raises questions on outlook for the region's shipping industry.

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