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16 September 2021 The on-line newspaper devoted to the world of transports 17:20 GMT+2




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Sched Netweb site
JULY 13, 2018
  • New terminal software slows Felixstowe to 80pc of what it was
  • Global laden boxes hit 14.4 million TEU in May, up 1.3pc: CTS tally
  • Hong Kong undertakes 12-month reclamation at Shek Kwu Chau
  • Recruiting and retaining US truck drivers cries out for a solution
  • US goods, services trade deficit falls 6.6pc in May to US$43 billion
  • T.S. Lines celebrates 17th anniversary by expanding self-owned fleet
  • CEVA Logistics starts refinancing of existing debt facilities
  • New feasibility study for port of Miami to further deepen harbour
  • ATI's Manila south harbour handles record 560,000 TEU in 1H
  • Hapag-Lloyd wonders: What does 'America first' mean for global trade?
  • Hong Kong's Henry Cheng to buy Irish plane lessor for US$2.8 billion
  • Ethiopian to buy 20pc of Eritrean, says Ethiopian Press Agency report
  • China Eastern looks to US$2.2 billion share sale to buy new planes
  • Korean Air cargo service to Delhi adds to Mumbai, Milan, Vienna

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Exim Indiaweb site
JULY 12, 2018
  • FFFAI urges for more clarity on services sector
  • P. Sethuraman, CFO, set to retire after 40 years with Transworld Group
  • Publishes second sustainability report prepared in accordance with GRI G4 Standard
  • Sanjay Bandopadhyaya is new Additional Secretary in Ministry of Shipping
  • Indian tea exporters in plans to resume shipments to Iraq
  • Chennai Port offers new concession in vessel-related charges for ex-im transhipment containers
  • Indian Ambassadors meet JNPT officials to promote trade
  • Scanning machines to be operational at Cochin Port soon: CGST Chief Commissioner

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International Transport Journalweb site
JULY 13, 2018
  • A future on quiet wheels

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IHS Maritimeweb site
JULY 12, 2018
  • London market voices disappointment with Brexit plans
  • A year on, Kea Trader salvage operation is still in stormy waters
  • E-navigation 10 years on
  • Bourbon CFO de Bréon resigns as debt negotiations continue
  • THE Alliance cuts loop ahead of expected US-China trade war impact
  • Thoresen's fleet rejuvenation continues, sells 23-year-old bulker
  • Japan's LNG bunkering tankers get government subsidies

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The Loadstarweb site
JULY 12, 2018
  • Contship Italia doubles Milan-Zurich intermodal rail services
  • Market insight: Pick-a-merger time for Hapag Lloyd as suitors line up
  • Container leasing market under pressure as carriers cut back
  • UK lettuce crop sizzles so air cargo turns over a new leaf for growers
  • CMA CGM names Tim Haas chief commercial officer, North America

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Marine Logweb site
JULY 12, 2018
  • Eastern passes another Offshore Patrol Cutter program milestone
  • E.N. Bisso & Son acquires Port Canaveral tug operator Petchem
  • Norwegian exercises options for fifth and sixth Project Leonardo ships
  • Decatur launches computer based maritime cyber security training
  • Steady progress on new ATB for Bouchard Transportation
  • VIDEO: Hull Vane retrofit dramatically boosts French OPV's performance
  • Maersk Supply Service completes 10,230 NM tow
  • Gladding-Hearn delivers pilot boat to Virginia

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Lloyd's Listweb site
JULY 12, 2018
  • Norwegian Cruise Line orders duo from Fincantieri for $1.87bn
    Latest deal follows four-vessel order with Fincantieri in February 2017
  • More's the pity, but shipping cannot take the politics out of Brexit
    Government proposals offer pragmatic way forward, but Brexiteers are not biting
  • UK maritime industry reacts to government's Brexit blueprint
    Much said to depend on European Union reaction
  • DNB reduces shipping default exposure by more than $3bn
    DNB cuts shipping default exposure to $9bn
  • Yang Ming turns to low-sulphur fuel to meet IMO cap
    Taiwan-based carrier says the final decision has not been made yet
  • New emission rules in China to hit cabotage bulker trade
    Small bulkers markets could face overhaul from Beijing's new environmental initiative
  • Felixstowe says its performance is 'not good in all areas'
    Wait times reduced but performance is still below pre-upgrade levels
  • Nakilat improves cost reduction and expands fleet
    Company's fleet consists of 65 liquefied natural gas carriers, four liquefied petroleum gas carriers and one floating storage regasification unit
  • South Carolina continues growth spurt
    South Carolina Ports Authority boosts liftings beyond previous record as June cargo volumes soar
  • Kea Trader salvage turns to reef clean-up
    Helicopter landings to remove items from the wreck are no longer possible as the forward section is listing 20 degrees...
  • Bordeaux loses feeder service
    Rail to take the strain as MSC takes drops Bordeaux-Antwerp service
  • Quarterly Outlook: Law
    New rulings on the Hague Rules and time-barring of claims for awaiting orders could have profound implications in future shipping...
  • Viewpoint: Death by ferry
    The lives that will hopefully be saved in the future will be saved by practical ferry people, not bankers of...
  • Daily Briefing
    Shipping forum voices concerns as Trump extends tariffs | EU recycling rules could force owners back to Asian beaches |...
  • Bourbon chief's niece resigns as CFO
    Resignation comes a day after Bourbon signed a general waiver with its leasers and debt holders
  • POSH enters Taiwan offshore renewables market
    Move comes as government in Taipei aims to install 5.5 gigawatts of wind farms by 2025

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The Journal of Commerceweb site
JULY 12, 2018
  • APL's LA Pier 300 customer focus system slashes truck turn time
  • New Trump tariffs would hit one-third of containerized imports from China
  • European ports hopeful about breakbulk despite geopolitics
  • Tech investors pump funding into 'predictive freight matching'
  • Analysis: Tight US surface capacity requires early peak season shipments
  • Krishnapatnam Port's new gantry cranes to boost fluidity

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TradeWindsweb site
JULY 12, 2018
  • Ultranav linked to demo sale of gas ship
    Chilean owner said to have scrapped ship ahead of special survey and as charter winds down.
  • Suezmax Chartering disbands tanker pool
    Trio of tanker owners follow VLCC Chartering's move and opt to go it alone
  • Arne Blystad sees Songa profit margin shrink as revenues fall
    Holding company's real estate and finance activities buoy figures as shipping arm is hit by slump in charter rates
  • Fearnleys posts rise in revenues of 16%
  • Retail investors face $93m loss on JR Shipping vessels
    Creditor takes control of 11 vessels after calling time on debt
  • Diamond taps M&A advisor as investors seek exit strategy
    Tanker owner once bankrolled by Wilbur Ross may be latest major player in consolidation talks as the clock ticks down for private-equity backers
  • Italian court rejects Lighthouse appeal in Bottiglieri saga
    Bottiglieri fends off Pappas-Zagari bid as court rejects Lighthouse appeal
  • Smit in pole position for heritage site wreck removal job
    Salvors prepare bids for removal of SSL Kolkata hull off India's environmentally sensitive Sundarbans
  • Evergreen ramps up renewal plans with feedership enquiry
    Taiwan liner operator invites bids from yards for up to 24 vessels of two sizes
  • Contships bags more feeder boxships as steady fleet expansion continues
  • Shipping must stop cheating way out of emissions
    Windship Technology director Lars Carlsson says scrubbers a waste of money and time's now to eye sustainable propulsion
  • Lessons from China for the White House on the art of (trade) war
    It was easy to dismiss early skirmishes in Donald Trump's Twitter-fuelled tirades against the trade deficit with Beijing, but with new tariffs now in place, the implications are becoming serious
  • Astomos shifts focus of LPG fuelling drive to Japanese market
    But shipowner and trader says it could take time for some Asian operators to embrace the concept
  • Sovcomflot's new stamp is an ice-breaker
  • Travel fan embraces his new role
  • New Excelerate boss guns for growth on fleet expansion vision
    Steven Kobos says he is 'in perfect alignment' with owner George Kaiser's intentions for his floating regasification company
  • Greater flexibility secret to Excelerate's FSRU success
  • First non-Arc7 heads to Yamal to help fill LNG carrier demand
  • Fredriksen ups LNG newbuild tally to five
  • Shell sends out speedy tender for LNG vessels
    Energy major starts stealthy and selective search process, igniting speculation that it may have tonnage in its sights
  • EDF Energy nears second NYK ship
  • Subsea ships hold 94% of value in Toisa sale
  • North Sea delays dash owners' hopes for hot-spot summer
    Delayed rig work and vessel reactivations mean reality has not lived up to last year's forecasts
  • Seismic 'canaries' chirping as revenues on rise
  • Princess Royal praises bravery of seafarers
  • New pair at helm of Bermuda flag targets fleet growth
  • Now, Mr President, you need to prove the US flag is in safe hands
    The Paris MOU's grey middle-tier safety ranking is not a place befitting the fleet of a superpower
  • JLT launches fresh P&I push as opportunities open up in Japan
    Broker hires former Britannia Club chief executive and Japan veteran John Trew to lead the charge
  • Latsis sets up new Marla Tankers management
    Greek owner said to has formed outfit to operate recently bought LR2 vessels
  • Utkilen newbuilding goes on charter to Fairfield Chemical
  • Hyundai buys back last Whale ore-oiler from former TMT fleet
  • China gives even younger ships the thumbs down
    Authorities tighten grip on import rules as critics argue that the change creates 'quasi-Jones Act' conditions for the country's domestic trade
  • Nisshin cape emerges in Minerva fleet
  • Ocean Yield ups liquidity with new loans
    Vessel leasing company adds more bank loans in order to finance upcoming acquisitions.
  • Dileton scraps tanker
  • TI and Frontline split on VLCC Chartering venture
    Tanker giants go their separate ways, with suezmax partners working a similar arrangement expected to follow suit
  • Harren & Partner buys back Blue Giant
    German owner acquires OCV it originally ordered in 2008.
  • Golden Ocean buys back $1.4m of bonds
    John Fredriksen-controlled owner purchases notes due next year.
  • Wilson buys German-owned bulker
    Norwegian owner brings its fleet to 118 vessels with latest acquisition.
  • Mokster reveals four new OSV charters
    Norwegian owner signs up ships with new customers DEA and Siem Offshore, plus Aker BP.
  • Solship Invest stretches debt postponement
    SolstadFarstad subsidiary still in talks over a long-term financing solution.
  • EU clears $40m Croatian ferry plan
    Commission finds aid for routes to islands is within its rules.
  • Goldman Sachs upgrades Maersk and Hapag-Lloyd
    Merchant bank has Maersk at buy and its German rival at neutral.
  • SeaBird selling shares to buy CGG OSV
    Norwegian owner to raise up to $15m for seismic vessel acquisition.
  • Salvage progress made a year after Kea Trader grounding
    Boarding broken boxship remains tricky, but most containers removed.
  • KOTC gas carrier faces breaker's torch
    Vintage LPG carrier sold ahead of Kuwaiti company receiving newbuildings.
  • Flex confirms sale and leaseback as newbuild hits the water
    Flex Rainbow deal is slightly unusual for a company backed by Norwegian tycoon.
  • Maersk Broker chief says first half of 2018 was 'very active'
  • d'Amico International Shipping sells oldest product tanker
    Transaction raises cash position of Milan-listed shipowner.
  • Teekay Offshore buyback ends on $222m
    Shuttle tanker owner now has $78m of 2019 bonds outstanding.
  • DNB reverses impairments of $47m
    First half sees "slightly positive" development in offshore and oil and gas.
  • Family remains in control as Vroon looks to exit choppy waters
    No change at Dutch owner following debt refinancing, with markets expected to improve 'slowly but surely'
  • Vroon to exit MR sector with sale of its last two product tankers
    Bulker and AHTS disposals also planned as Dutch owner continues to adjust capacity
  • De Chateauvieux's niece quits as Bourbon CFO
    Astrid de Breon staying until replacement found at French OSV owner.
  • POSH heads to Taiwan in windfarm joint-venture
    Kuok Group's offshore company teams up with Kerry TJ Logistics to target Taiwan's offshore renewable market.
  • Yang Ming opts for low sulphur fuel ahead of IMO 2020
    Taiwanese liner player says cleaner fuel and more efficient ships are its ways forward for greener shipping.

news on subscription
American Shipperweb site
JULY 12, 2018
  • 2M Alliance scaling back on Asia-North Europe trade
    The 2M Alliance of Maersk Line and Mediterranean Shipping Co. plans to suspend one of its loops on the Asia-North Europe trade in the coming months.
  • With $400 million will come ZTE ban lift
    The U.S. Department of Commerce on Wednesday said it has signed a previously announced escrow agreement with ZTE and that once the company deposits the full $400 million, the Bureau of Industry and Security will lift the denial order currently prohibiting U.S. firms from exporting to the telecom giant.
  • Impact of trade war expected to grow over time
    Briefings from the consultants Drewry and executives at the Port of Long Beach uggest that while the effect of tariffs being imposed by the United States and China on the container shipping industry will be relatively mild this year, the impact could become more severe if a trade war continues.
  • CMA CGM investment in CEVA gets green light
    CMA CGM, the world's third-largest container shipping company, obtained all regulatory approvals required for its investment in CEVA Logistics, allowing it to become a regular 24.99 percent shareholder in the asset-light third-party logistics provider.
  • Senate passes motion for voice in tariff decisions
    The Senate by a vote of 88-11 on Wednesday approved a motion introduced by Sen. Bob Corker, R-Tenn., to instruct lawmakers to include nonbinding language in pending energy and water spending legislation to set forth a role for Congress in making determinations under Section 232 of the Trade Expansion Act.
  • Coalition wants U.S. to take stand on Chinese racks
    The U.S. Commerce Department has initiated antidumping and countervailing duty investigations of imported steel racks from China.
  • BluJay updates global trade network platform
    BluJay Solutions, a supply chain software and services provider, has updated its global trade network platform.
  • Envirotainer getting new private equity owner
    Envirotainer, a Stockholm-headquartered company that is the leading supplier of containers used to move pharmaceutical products by air, said Thursday that Cinven, a private equity firm, has signed an agreement to acquire all shares in Envirotainer from current majority shareholder AAC Capital for an undisclosed sum.
  • Executive Moves: GSO, SeaCube
    GSO has appointed Randy Swart as company president. SeaCube Container Leasing has hired Greg Tuthill as chief commercial officer.

news on subscription
The Bunker Bulletinweb site
JULY 12, 2018
  • Bunker operations at Gibraltar edge down on week: port authority
    The number of bunker operations at the Mediterranean bunkering hub of Gibraltar was slightly lower on the week although congestion remained
  • ARA fuel oil stocks fall 20% on busy barge loadings
    Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub fell 20% in the seven days to Wednesday to 1.206 million mt, after reaching a record high of 1,614,000 mt in the last week of June
  • Chinese independent refiners to slow crude imports in H2 as tax reforms pinch
    Lower crude procurement will impact trade flows as the independents secured crude from a variety of sources
  • FUTURES: Crude rebounds on bullish OPEC, EIA data
    "Markets are recalibrating at the moment and you can see a bit of bargain hunting also at present, supporting prices this morning," a Philip Futures analyst said.
  • US-China trade war could shake up Asia rankings for buyers of American crude
    The US-China trade battle raged on with Washington announcing its plan to impose additional 10% tariffs on $200 billion of Chinese goods
  • OPEC sees greater need for its oil in H2
    Either OPEC would need to raise its output by more than it committed to, or crude would have to come out of storage, if it wishes to avoid a market squeeze.




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