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24 September 2021 The on-line newspaper devoted to the world of transports 23:27 GMT+2




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Exim Indiaweb site
DECEMBER 1, 2020
  • MOL joins wide-ranging zero-emission initiative for ships
  • NYK concludes long-term charter agreement for two methanol-fuelled chemical tankers
  • Pandemic impacts vessel operating costs but moderation seen ahead
  • Proposed Merchant Shipping Bill, 2020 suggests regulation of freight charges
  • Rajesh Sood to have Additional Charge as Director (L&PS) at SCI
  • India should focus its energy on FTAs initially with developed countries: Goyal
  • Bengaluru airport handles record cargo in Oct.
  • BLR Logistiks launches privately-owned public bonded warehouse operation at Bhiwandi
  • Cargo handling at Chennai airport back on track
  • Custodians spur the API integrations with PCS 1x
  • Port volumes & road transport seen on the recovery path
  • Qatar Airways helps bring numerous seafarers home
  • Covid-19 has seriously impacted international connectivity & hence economic recovery
  • India's GDP in Q2 shows upside potential to the estimates: CEA
  • US becomes 2nd biggest FDI source for India
  • Covid-19 has raised the bar for digital transition, says report
  • Glyn Hughes to take charge as TIACA's first Director-General

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International Transport Journalweb site
DECEMBER 2, 2020
  • CSX to acquire New England's regional railway
  • Tiaca starts digital ACF with people-focused session
  • Magellan and Circle join forces
  • Kombiverkehr selects Hanover as mega hub
  • Government awards more cargo flights to NZ
  • Drewry sees global recovery
  • Changes at Renault Trucks (Switzerland)
  • Mondadori Group chooses logistics partner
  • More transparency in gas transports with Swiss IT
  • Air cargo data managers cooperate
  • Swedish-Finnish action to cut carbon footprint
  • Delta reshuffles sales and cargo leadership
  • Rolls-Royce moves in
  • Siberian pellets now to be carried by rail
  • Garden City Terminal on the rise
  • Swiss back in Santiago picking cherries from Chile
  • "Curiosity of the Day"

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The Loadstarweb site
DECEMBER 1, 2020
  • Container shortages the biggest disrupter: where are all the empty boxes?
  • More ro-ro services a welcome post-Brexit boost for Irish exporters to Europe
  • 'Look to trucks' as China-Europe rail hits delays and capacity is squeezed
  • Brexit: 'let's get it done' say companies ready for 'short-term' border delays
  • India's SpiceJet eyes cargo flights to the US, starting with PPE
  • Online customs portal unveiled to help cross-border road freight in South-east Asia
  • US harassing Chinese crews raises questions of 'discriminatory enforcement'
  • Florida yachtsman stranded for hours rescued by containership
  • Rob Walpole moves up as new VP as Delta Cargo moves into commercial arm
  • Market Insight: Toll (Express) firmly 'in the bargain basement' bin

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Marine Logweb site
DECEMBER 1, 2020
  • Pandemic pushes up ship operating costs
    Confirming reports that have been coming in all year from shipowners, ship managers, crewing agencies and other sources, a just published report confirms that the cost of complying with COVID-19 restrictions have
  • OSG picks oneTank for aftpeak tank ballast water treatment
    Overseas Shipholding Group (OSG) has chosen Glosten spin-off oneTank, LLC to provide an aftpeak ballast water treatment solution for vessels in its fleet. Installation of the oneTank system will help bring OSG
  • Norwegian shipowner sentenced to prison for role in notorious scrapping case
    George Eide, the Norwegian shipowner at the heart of a controversial ship scrapping case that first hit the headlines in 2017, has been sentenced to a prison term. Attempts to illegally export
  • Derecktor starts construction of hybrid research cat
    Derecktor Shipyards of Mamaroneck, N.Y., has started construction of a 64-foot aluminum catamaran research vessel. Ordered by the University of Vermont for its Rubenstein School of Environmental and Natural Resources, it will
  • Turkey's Manta Shipping migrates from L-Band to FleetXpress
    Turkish bulker operator Manta Shipping has selected Marlink to provide Inmarsat's Fleet Xpress service on eight of its vessels. The agreement supports Manta Shipping's drive towards digitalized operations and increased crew connectivity
  • Navy will not repair fire-gutted USS Bonhomme Richard
    The U.S. Navy is to decommission USS Bonhomme Richard (LHD 6), the Wasp-class amphibious assault ship gutted by a fire that broke out July 6 while the ship was undergoing maintenance in

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Lloyd's Listweb site
DECEMBER 1, 2020
  • Outlook forum looks forward to decarbonisation progress in 2021
    Industry collaboration will be key to achieving shipping's goals in the coming year. Working more closely with the aviation and...
  • Yemen rebels hold the key to avoiding a maritime disaster
    Yemen's Houthis would gain more by helping to avert a looming maritime disaster on a stricken tanker in the Red...
  • Greek shipowner lifts Venezuelan crude after sanctions deletion
    Another tanker from the Gotsis-family owned fleet was among six briefly sanctioned in June for shipping Venezuelan oil, in a...
  • Scorpio Bulkers' selling spree continues
    The vessels that have entered an agreement to be sold this week are due to be delivered in the first...
  • Top 10 shipmanagers 2020
    All the top shipmanagers explored new technologies for vessel performance optimisation and streamlined business practices. However, the greatest concern for...
  • Colombo container congestion crisis eases
    Severe box backlogs at key South Asian transhipment port appear to be improving, following several weeks of difficulties that have...
  • Crew-change crisis highlights fundamental industry problems
    Getting crew off vessels as scheduled is possible and must be done because this is the deal they signed up...
  • Plea to remember stranded seafarers during holiday season
    Officers' union Nautilus International says the plight of seafarers should not be forgotten as the crew change crisis drags on...
  • Hong Kong shipmanagers end difficult year on positive note
    Hong Kong is simply seen as a great place to do shipmanagement because of factors such as the fundamental commitment...
  • Container shortages exacerbated by slow turnaround times
    Shippers seeking exports from Asia are finding it difficult to secure equipment, pushing up freight rates. But elsewhere, port congestion...
  • Dissent in European shipping circles over EU's green rules
    Greek shipowners are still against an EU emissions measure. However, if it has to happen, they believe it should be...
  • Daily Briefing
    Free to read: Will China speak against EU impatience on shipping emissions? | Maersk and CMA CGM push EU for...
  • BHP signs LNG bunker contract with Shell
    The contract is expected to form up to 10% of the forecast Asian LNG bunker demand in fiscal year 2023...
  • Yangzijiang secures $226m in new shipbuilding orders
    An increase in the demand for smaller containerships has been seen as the shipping industry adapts to emerging trends and...
  • Samsung Heavy picks up tanker and LNG carrier orders worth $241m
    A late surge in newbuilding orders has brought Samsung Heavy's order backlog up to $4bn, meeting 48% of its annual...

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The Journal of Commerceweb site
DECEMBER 1, 2020
  • Zero-carbon uncertainty restrains container ship ordering
  • OOCL to levy US West Coast surcharge, citing congestion
  • Savannah gets export boost from new A&R Logistics resin plant
  • Softbank backs Flock Freight's 'pooled truckload' model
  • E-commerce spike spurs investment in warehousing tech

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TradeWindsweb site
DECEMBER 1, 2020
  • Brazilian energy giant to offload five more ships, look for carbon cuts in shipping
    The state-controlled oil major said it has already removed 12 ships from trading this year
  • Petrobras hopes to double exports in new four-year plan
    The company will divest some assets, lowering production, but refinery sales should boost exports
  • M/Maritime expands with modern Scorpio Bulkers ultramax pair
    Japanese-built, eco-designed SBI Apollo and SBI Poseidon to join the young Greek company's growing fleet
  • International Seaways data points to fourth-quarter tanker weakness
    Numbers have fallen in key VLCC, panamax segments since owner's quarterly earnings guidance
  • Navios Acquisition slashes dividend and pushes back debt
    Amid falling tanker market, Angeliki Frangou-led outfit reports narrow profit for the third quarter and starts selling new shares worth up to $25m
  • BW LPG scores Hindustan Petroleum charters for two VLGCs in India push
    Fearnleys expects VLGC rates to lose ground but remain strong into 2021
  • Cruise can bounce back from Covid-19 crisis by playing it safe
    DNV GL's maritime chief argues there is light at the end of the tunnel if cruiseships' routines and risk-mitigation measures can match hospital standards
  • Fearnley LNG starts scenario planning for 2021 charter rates
    Unit of shipbroker Fearnleys looks at three possible growth paths for next year
  • John Fredriksen-backed Seadrill Partners files for Chapter 11 restructuring
    US-listed drillship company has support of banks for move into bankruptcy court protection
  • ZeroNorth's carbon-cutting software to be integrated with fleet management platform
    New tie-up aims to help shipowners leverage technology to reduce carbon dioxide emissions and bunker consumption
  • Vega and Su-Nav target 85 ships for new management venture
    German and Indian companies join forces to operate boxships, tankers and bulkers
  • Refloated Technomar boxship heading to Singapore for repairs
    Charterer Maersk says the Tina I being inspected after hitting grounded IRISL ship last month
  • Celsius Tankers locks away its unfixed LNG carrier trio to Cheniere
    Danish owner secures 13-year contracts on last three of its four speculatively-ordered newbuildings
  • Shipowning newcomer Hoanh Son Group buys two more bulkers
    Details emerge of two more acquisitions by Vietnamese infrastructure conglomerate as it sets itself up as a shipowner.
  • NYK Line sells its last owned LR2 tanker to Eastern Mediterranean
    Japanese company offloads ship amid pressure on tanker values, while Thanassis Martinos company rejoins the rank of buyers on the sale & purchase (S&P) market
  • Eagle Bulk tipped as buyer of Scorpio Bulkers ultramax as fleet sale continues
    Transition to wind programme continues as Emanuele Lauro-led owner returns to single disposal
  • Julian Clark to run Ince's global operations as it eyes expansion
    Law firm's senior partner promoted to worldwide head as part of new management structure
  • Euroseas quadruples its money with lucrative charters as Aristides Pittas builds stake
    CEO converts loan to shares while company increases boxship term cover at much higher rates
  • Would-be buyer arrests Alpha Bulkers capesize amid Chinese coal discharge delay
    Chinese buyer claims the seller walked away from a done deal amid rising scrap prices
  • Long-term work helps Drydocks World bounce back from Covid
    Operating during a pandemic came at an extra cost, but the Dubai ship repairer tapped a steady income stream from conversion and fabrication projects
  • Digital and logistics investments ease Abu Dhabi Ports' pandemic pains
    Ports group says speed of response and innovative approach cushioned blow from Covid-19
  • Waterfront confirms eight methanol dual-fuel MRs at Hyundai Mipo
    Canadian principal says orders have been split between Swedish, Japanese and South Korean owners
  • German boxship rescues US yachtsman reported as missing at sea
    Vigilant containership crew discovers missing castaway clinging to wreckage of his capsized yacht off Florida
  • Chinese owners give Yangzijiang year-end boost with contracts worth $226m
    New orders bring Chinese shipyard's total tally for 2020 to 43 vessel worth $1.26bn.
  • Westports set to reap rewards of Trump exit and RCEP
    Malaysian terminal operator says volumes between Asia and Europe were up 11% in the third quarter
  • Eagle Bulk tipped as buyer of Scorpio Bulk ultramax as fleet sale continues
    Transition to wind programme continues as Emanuele Lauro-led owner returns to single disposal

news on subscription
American Shipperweb site
DECEMBER 1, 2020
  • How the Panama Canal traffic jam is affecting ocean shipping
    Panama Canal congestion is not impeding transits of container ships but it is pumping up spot rates for LNG and LPG carriers.
  • Lufthansa, DB Schenker challenge industry to support alternative jet fuel
    Lufthansa and DB Schenker are working together to increase the market for alternative aviation fuels.
  • UPS pilots want more COVID testing as infections spike
    Pilots at UPS and company officials disagree about the level of precautions being taken to keep them safe while providing essential cargo service around the...
  • Italian firm building $150M shipyard in Mexico
    Italian firm Fincantieri is building a $150M shipyard in Mexico's Yucatán state to take advantage of cruise line operations and oil & gas exploration.
  • Big 3 US airlines gear up to transport COVID-19 vaccines
    Preparing for the massive global distribution of COVID vaccines for airlines is the equivalent of the military massing for an invasion. Here's how United, American...
  • Wall Street's incredible shrinking shipping stocks
    The total market capitalization of U.S.-listed ocean shipping stocks has plunged 34% in 2020, but there are reasons for hope in 2021.

news on subscription
The Bunker Bulletinweb site
DECEMBER 1, 2020
  • Oil price declines extend amid OPEC+ uncertainty, COVID-19 spread
    Without an extension agreement, the OPEC+ curbs are scheduled to ease from the current 7.7 million b/d to 5.8 million b/d from January.
  • IRAQ DATA: November federal crude exports fall 6% on weather, OPEC compliance aims
    **Iraq exports 2.709 mil b/d, down from 2.876 mil b/d in Oct **Rough weather affects tanker loadings for five days **Iraq owes compensation cuts for OPEC quota violations
  • ANALYSIS: Product tankers market likely stuck in the doldrums into 2021
    Lockdowns bearish for refining margins.
  • Nigeria to push CNG as alternative transport fuel, reduce reliance on gasoline
    Government hopes to get 1 million vehicles converted to CNG by 2021.
  • Refineries halfway through rationalization: HSBC
    **Refinery rationalization happening faster than expected **Europe accounts for half of announced closures
  • European fuel oil paper volumes in November MOC up 522% on month
    Hi-lo most commonly traded derivative.
  • Japan signs oil storage deal with Kuwait's KPC
    **First Kuwait crude cargo to arrive at Kiire oil storage in Q1 2021 **KPC joins Saudi Aramco, ADNOC to store oil in Japan **Japan leases out total of 19.5 mil barrels oil storage capacity
  • REFINERY NEWS ROUNDUP: Russian runs supported by stronger fuel oil
    **Run cuts unlikely **Naphtha likely to be optimized over gasoline
  • Libya's National Oil Corp raises Dec. crude OSPs by 20-80 cents/b
    **Lightest grades see largest rises, of 70-80 cents/b **Heavier grades increased by 20 cents/b
  • FEATURE: Shipping industry needs policy makers to give cleaner fuels a boost
    Governments called on to subsidize alternative fuels.
  • Russia working on hydrogen exports to Germany: Novak
    **Hydrogen producing plant in works **Russia aims to become world leader in hydrogen exports
  • CHINA DATA: Oct fuel oil exports fall 3% on month to 1.22 mil mt
    **Exports soar 164.7% on-year **Chinese refineries have significantly expanded capacity
  • BW LPG selling two VLGCs in strong LPG freight market
    Shipping sources said BW Confidence was sold for about low to -mid $40 million, but this could not be immediately confirmed.
  • BHP awards first LNG bunker supply agreement to Shell to fuel 5 bulk carriers
    BHP said it will charter the vessels from Eastern Pacific Shipping for five-year terms.
  • USGC LPG freight rates to Japan reach nearly five-year high on dearth of ships
    "I have heard that there are a lot of boughts out there," a trader said.
  • Venezuela's average crude output rises 5% to 430,000 b/d in November: reports
    Production of PDVSA and its foreign partners in the Orinoco Belt region declined slightly to 200,000 b/d.
  • Fujairah's Brooge Energy almost ready to offer more oil storage space
    "Storage terminals around the world are filling up and approaching critical levels in the US, Europe and the Middle East, Asia and Africa," Paardenkooper said.
  • JAPAN DATA: Oct crude imports at 53-year low, supporting products imports
    Local refiners slashed crude throughput by 18.9% year on year at 2.279 million b/d in the month.
  • European LSGO futures net speculative length up to 3-month high
    Physical European ultra low sulfur diesel markets have been relatively weak at the prompt with mobility indicators near six-month lows.
  • Poland's PKN announces 2030 green strategy to cut emissions, boost RES capacity
    The company has earmarked total capex of Zloty 140 billion ($37.5 billion) in its 2030 strategy.






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