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23 September 2021 The on-line newspaper devoted to the world of transports 23:55 GMT+2

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Sched Netweb site
AUGUST 3, 2018
  • Cosco pre-cyber attack moves protected network, says LA cyber lawyer
  • Vietnam's Da Nang completes second-stage of Tien Sa port expansion
  • Shanghai shipyard starts building world's biggest box ships
  • Barcelona volume soars 18pc to 651,000 TEU as transshipments leap 42pc
  • Tracy Egoscue is new president of Long Beach Harbour Commission
  • Indonesia's Samudera's box volumes up 12.8pc as revenues rise 7.5pc
  • Panalpina appoints Christian Wurst of CEVA Logistics' new European CE
  • No signs of slowdown in air cargo demand in HK, says Hactl's boss
  • HAFFA talks to HK officials about ICAO's new air cargo security policy
  • Qatar Airways launches direct flights to Gothenburg, Sweden

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Exim Indiaweb site
AUGUST 2, 2018
  • COSCO answers FAQs regarding acquisition of OOIL/OOCL
  • Maersk Line moves record breaking break-bulk cargo from South India to China
  • Second in a series of seven 14,000-TEU class magenta containerships enters ONE fleet
  • Ministry of Shipping organises brainstorming session on promoting transhipment of containers in India
  • NMPT mechanising two of its berths
  • Sea Cargo Manifest & Transhipment Regulations 2018 to be now effective from Nov.
  • FIATA highlights importance of SDG to sector
  • Mahindra Logistics does well in Q1
  • Cabinet approves extension of Concessional Financing Scheme to support Indian entities bidding for strategically important infrastructure projects abroad
  • LIC to acquire controlling stake in IDBI Bank
  • Third GST refund fortnight a success

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The Loadstarweb site
AUGUST 2, 2018
  • Djibouti government acted illegally in seizing container terminal, says London court
  • CH Robinson eyes job cuts in Fresh division as road unit drives first-half growth
  • Yusen Logistics boosts its e-commerce capability with ILG takeover
  • Scrapping may make a comeback as smaller containerships lose their appeal
  • Analysis: UPS continues to look inward, despite increasing M&A potential
  • WCA's Matthew West to head up EGLN
  • Furious lorry drivers slam 'horror' delays at port of Liverpool
  • Del Monte CEO: Central American port congestion the 'worst ever'
  • How a warehouse fire sparked innovation at Gap

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Marine Logweb site
AUGUST 2, 2018
  • Harvey Gulf announces new Board of Directors
  • Damen Verolme Rotterdam to refit Stena Drilling semi
  • Helm Operations partners with ShipTracks
  • Marcon's sales and charters already beating last year's totals
  • DSME delivers 180,000 cu.m LNG carrier featuring two new technologies
  • Port state control crackdown will focus on sulfur and NOx emissions

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Lloyd's Listweb site
AUGUST 2, 2018
  • Navios in no rush for scrubbers as dry market heats up
    Angeliki Frangou does not rule out retrofits but says it will pay to wait before making a decision
  • Europe set to import more US soyabeans
    A grain trade consultant expects that European imports from the US will rise to 4m tonnes in the second and...
  • GasLog's second quarter falls short on softer spot rates
    Chief executive Paul Wogan says rates have rebounded since April trough and he sees improved earnings from spot vessels in...
  • Bulker write-off linked to fertiliser cargo
    All 23 crew on board the 2012-built Isle of Man-flagged bulker were evacuated safely
  • Feeder boxships lead newbuild markup
    A surge in investments comes as market talk circulates about Evergreen and Wan Hai pondering orders for more than 30...
  • Firm support for smaller boxship classes
    Despite a slowdown in scrapping, fundamentals support strong valuations
  • Australia to tighten port state inspections on boxships
    More tests on boxship stowage plans following loss of containers from YM Efficiency
  • LNG orderbook worth $22bn
    By the start of June, the 2018 orderbook stood at $6bn, according to Clarksons
  • Inmarsat's maritime unit has another 'solid' first-half performance
    The leading maritime satellite provider recorded a marginal drop in maritime ebitda
  • MSC finances China scrubber retrofit programme
    BNP Paribas and Sinosure to back conversion work at Chinese yards
  • Teekay cuts second-quarter losses as LNG unit outperforms
    New York-listed company expects $110m liquidity boost in next 18 months from a number of tanker financing initiatives
  • Hutchison Ports sees slight dip in half-year box figures
    Healthy volume growth in Europe was unable to boost Hutchison Ports' overall traffic figures, as domestic and Chinese volumes disappointed...
  • Viewpoint: Mind in neutral
    If watchkeepers must be present, they are better engaged with the task of navigating and not relegated to overseeing equipment
  • Daily Briefing
    Cosco says OOCL to remain an independent brand | SC Lowy leads 'largest ever' Italian shipping debt deal | Shipping...
  • Nigerian pirates kidnapped 35 seafarers in the first half
    EOS expects the instability in the Niger Delta to increase in the run-up to Nigeria's 2019 general elections, which could...

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The Journal of Commerceweb site
AUGUST 2, 2018
  • US exporters find new markets but struggle to reach
  • XPO Logistics expects 'big peak' ahead, plans for growth
  • Shrugging off Brexit fears, Unifeeder launches new UK-Europe mainland service
  • Terminal utilization rate to surge as trade outstrips capacity growth
  • Maersk adds heavy-lift projects as part of India expansion

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TradeWindsweb site
AUGUST 2, 2018
  • Lindblad Expedition returns to black
    New York-listed expedition cruise company records higher revenue amid greater capacity and demand.
  • StealthGas lines up sales of smaller LPGs
    Acceleration of disposals has gone hand in hand with fleet renewal programme
  • Tough competition looms in Equinor VLGC tender
    Several owners in the frame as Norwegian energy group seeks bids for tonnage
  • Greek brokers secure commission after lengthy legal fight
    Buyer's representative ITCM and broker George Moundreas & Co reach out-of-court settlement with seller that covers full commission plus legal expenses
  • Brovig back in black after seven years
  • Norway's Sole Shipping set for more sale-and-leaseback deals
  • Yagerman ditches Aegean for Invesco
    Veteran analyst and finance man will have say in legacy WL Ross & Co funds, including shipping accounts
  • Mexican firm holds large chunk of Seacor Marine Holdings
    US-based offshore services owner stacks $200m in 'shelf filing' and helps existing holders, including Mexican partner, to prepare for investment exit
  • Stena Bulk and Teekay to scrap shuttle tankers
  • Don't bet on cheap HSFO if not enough ships have scrubbers
    High-sulphur bunkers might not be such a good option after 2020, as the number of vessels with exhaust-gas cleaning systems may be too small to make a difference
  • CSBC lands $500m Yang Ming feeder boxship order
    Liner company will pay an extra $2m-plus apiece for up to 14 high-spec vessels
  • Fuel contamination crisis may be a foretaste of 2020 problems
    Trouble caused by bunkers in Houston and Singapore is an indication of what could lie ahead when the new global sulphur limit kicks in. The IMO should listen to shipowners' concerns
  • Casualty probe finds steering gear at fault in triple collision
  • Cruise lines send out 'clear message' over use of cleaner and cheaper LNG
    Significant portion of LNG-powered ships on order are headed to the cruise industry
  • NYK picks up option for second Hyundai vessel
  • Trade is running hot in the ice cold Arctic
    As Russia seeks to make the Northern Sea Route its own, China aims to defend its interests - and the fragile environment faces ever-greater risks
  • Arc4 LNG carrier takes Northern Sea Route
    Yamal project prepares to start up its second production train next week ahead of the delivery of specialised newbuilds designed to serve it
  • Yamal eyes site off Kirkenes for LNG STS
  • BW behind LNG carrier to FSRU conversion job
    Job at Keppel Shipyard will provide a floating regas unit to market by year-end
  • Saipem upbeat as it continues to win new contracts
  • London appeal judges say HNA torture allegations 'irrelevant'
    Unresolved doubts over confessions should not have influenced decision in $68m capesize charter default case
  • Brit Global Specialty axes loss-making yacht insurance lines
    Lloyd's syndicate begins shake-up of marine division as London market gets tough on business plans
  • LNG gains momentum as fuel for cruiseships
    But expedition operators face hurdles adopting the cleaner fuel choice due to a lack of remote bunkering ports
  • Court orders second auction for Vermont UM bunker fleet
  • Chios lands three-year deal for newbuilding
    Greek shipowner has chartered tanker to ST Shipping in a deal with a profit-share element
  • SK Shipping signs up for MR tanker at Hyundai Mipo
    Newbuilding believed to have been ordered against charter from Cargill
  • Baltic gets tipsy on Lloyd's bank account as golf match proves hit
  • Royal Caribbean sees higher profit
    Miami-based cruiseship owner beats Wall Street consensus amid more revenue.
  • Jinhui sells third supramax bulker of the summer
    Oslo and Hong Kong-listed owner ships out third veteran vessel in quick succession.
  • First Ship Lease swings back into black
    Diversified shipowner registers a profit for the second quarter amid positive operating results.
  • CLdN Cobelfret secures funding for Korea newbuilds
    KfW IPEX-Bank supports order at Hyundai Mipo for ro-ro pair as owner pushes ahead with fleet plan
  • Hornbeck flags up liquidity repayment crunch
    Offshore giant says market recovery needed to repay senior notes in full.
  • GasLog positive amid second quarter loss
    Shipowner points to large long-term demand and likely upturn in earnings.
  • Oman Shipping Company celebrates moving VLCC chartering in-house
    Tanker heavyweight tallies up first year of fixtures after pulling ships from pool.
  • Teekay Offshore joins LNG powered aframax club with Samsung pair
    Chief executive toasts important milestone as newbuilding brace confirmed.
  • Teekay Corp thanks FPSOs for rising cash flow
    New York-listed group sees overall upturn in results for the second quarter.
  • Shipowners in $6bn dash for LNG carriers
    Clarksons Research says investment in new tonnage comes amid "strong growth phase" for global LNG trade.
  • Second VLCC purchase rebuilding Zodiac presence
    Eyal Ofer company adds to vessel bought from Wah Kwong last year, while CM Lemos signals further retreat from large tanker sector
  • Teekay Tankers in second sale-and-lease back deal
    Owner expects $110m liquidity boost from 13 tankers sold in transactions since May 2018.
  • Attack highlights threat to Middle East oil shipments
    After Yemeni rebels' assault on VLCC, industry looks at alternatives to using vital Bab el-Mandeb Strait
  • Seaspan beats the street in second quarter
    Company benefited from extra tonnage plus continued positive repricing on panamax fleet.
  • Hornbeck Offshore records $25m loss in second quarter
    US-listed OSV owner remains in the red for second consecutive quarter.
  • K Line car carrier Makassar Highway refloated
    Fuel reported to be leaking from the car carrier but containment operations underway
  • NYK picks up option for second Hyundai vessel
    Japanese shipowner looks set to take delivery from Korean yard in late 2020

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American Shipperweb site
AUGUST 2, 2018
  • Fresh Del Monte: Transportation costs spoiled Q2
    Fresh Del Monte Produce said its transportation operations were hit with both a figurative and literal "perfect storm" in the second quarter.
  • Djibouti improperly seized container terminal
    An arbitrator on Thursday found the government of Djibouti improperly seized control of the Doraleh Container Terminal from DP World in February, according to a press release from the government of Dubai.
  • Outlook for global container port demand positive
    The medium-term outlook for global container port demand growth "is positive thanks to strong underlying economic momentum across the world's major economies," says Drewry.
  • Chairish sets up shipping service for home goods
    Chairish, an online marketplace for furniture and home decor, has launched a packing and shipping service for its sellers.
  • Trucking industry logs problems with device mandate
    The Federal Motor Carrier Safety Administration's electronic logging device mandate appears to be causing problems across the trucking industry, according to data from the OOIDA Foundation.
  • Senate sends CFIUS reform act to president
    The Senate passed and sent legislation to the president for signature on Wednesday that would reform operations of the Committee on Foreign Investment in the United States and revamp several areas of export controls.
  • Executive Moves: PINC and Masterpiece
    Chris Sultemeir has been appointed to the board of directors of warehouse drone provider PINC. Masterpiece International has promoted Susan Erfesoglou to vice president of operations.
  • EU still largest U.S. soybean importer
    The European Commission on Wednesday reported that European Union imports of U.S. soybeans in July showed an increase of 283 percent at 360,000 tons compared to the same period last year.
  • XPO nearly triples Q2 earnings
    XPO Logistics increased its net income attributable to common shareholders nearly 189 percent year-over-year in the second quarter of 2018 to $137.5 million, according to the company's most recent financial statements.

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The Bunker Bulletinweb site
AUGUST 2, 2018
  • US senators propose sanctions on Russian oil production investments
    Sanctions would target Russian economic interests should they interfere in future US elections.
  • Handful of shippers profiting from dwindling Iran-Europe oil trade
    High freight rates from the Middle East to Europe propping up profits.
  • TANKERS: Panamaxes cleaning, switching to clean markets ahead of IMO 2020
    Positioning themselves for increased ton mile demand, higher revenues in LR1 sector.
  • Iraqi southern crude exports hit record high in July
    The exports comprised 2.70 million b/d of Basrah Light crude and 843,000 b/d of Basrah Heavy.

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