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24 September 2021 The on-line newspaper devoted to the world of transports 22:58 GMT+2

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Exim Indiaweb site
DECEMBER 16, 2020
  • CMA CGM strengthens presence in Europe- Mediterranean-Middle East & Indian Subcontinent trades with improved EPIC, EPIC2, MEDEX & MEGEM services
  • AYUSH Export Promotion Council on the anvil
  • Exports down by 8.74 pc in November
  • Major expansion underway at Port of Gothenburg
  • UK's inbound supply chains reportedly facing problems due to congestion at key container ports
  • Availment of exemption on temporary import of Durable Containers in terms of Board Circular No. 51/2020 dtd. 20.11.2020 - Provisions in ICES
  • Liladhar Pasoo presented 'Overall Excellence Gold Award' for supply chain & logistics excellence
  • Cautious optimism for Q3 growth: FinMin
  • Industry & government should partner for $5 trillion economy target: Goyal
  • India's first services based Gujarat Maritime Cluster to house arbitration & mediation centre focused on maritime & shipping sector Webinar organised to promote the centre

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International Transport Journalweb site
DECEMBER 17, 2020
  • ITJ Video News - 17 December 2020
  • Four for Rostock
  • The Alliance - January sailing schedule
  • Swedish Club's 40th anniversary in Greece
  • Cooperation between Champ and CargoAi
  • National vaccine distribution plan for Italy
  • New combination of rail, road and ship
  • DP World integrating Indo-European offering
  • Paolo Pellegrini takes charge of Italian terminal
  • WFS welcomes Asiana Cargo at MXP
  • Stockholm Norvik Port now fully open
  • Estonian railway to be electrified
  • New chair and board for Frankfurt cargo community
  • "Curiosity of the Day"
  • Delivering the first ATR 72-600F
  • Working for Thyssenkrupp Schulte

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The Loadstarweb site
DECEMBER 16, 2020
  • New drone footage shows the ONE Apus loss could be worse than first feared
  • Carriers with 'money to burn' will pay 'whatever it takes' to secure chartered tonnage
  • IAG Cargo under fire amid claims of lengthy delays and a strike threat
  • Box shortage in India may be easing a little, but trade imbalance widens
  • IT developers move in to support logistics through post-Brexit 'fallout'
  • DP World links with P&O Ferrymasters for integrated India-Europe logistics
  • How the charter and container markets have collided
  • UK Supreme Court overturns block on Heathrow's third runway
  • Market insight: Cashing in on logistics woes - a win-win for the C-suite

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Marine Logweb site
DECEMBER 16, 2020
  • VIDEO: Keel laid for first Jones Act Wind Turbine Installation Vessel
    Richmond, Va., headquartered Dominion Energy reports that it has reached a major milestone-the keel laying-in the construction of the first Jones Act compliant offshore wind turbine installation vessel (WTIV), currently being constructed
  • Latest Marine Log digital edition now available
    The full content of the December issue of Marine Log is now available. Notable features include our first ever Top Women in Maritime profiles and our traditional year-end selections, including coverage on
  • Buttigieg nomination points way to greener Department of Transportation
    In a sign that under the Biden administration, the Department of Transportation will play a prominent role in helping push the greening of the American economy, President-Elect Joe Biden has announced that
  • Key banks disclose the climate alignment of their ship finance portfolios
    In a first-of-a-kind climate finance report, 15 financial institutions that are signatories to the Poseidon Principles on green shipping finance have disclosed the climate alignment score of their ship finance portfolios. Announced
  • GE gas turbine chosen for Constellation-class frigate propulsion system
    GE Marine reports that it has been awarded a contract to provide shipbuilder Fincantieri Marinette Marine with a GE LM2500+G4 aeroderivative marine gas turbine to power the Navy's first Constellation class (FFG
  • VIDEO: Versatile amphibious dredge now available in North America
    Moran Iron Works, Onaway, Mich., has partnered with Ann Arbor, Mich., based Watermaster NA to manufacture a Jones Act compliant version of the Finnish-engineered AMD 5000 amphibious dredging machine. The video embedded

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Lloyd's Listweb site
DECEMBER 16, 2020
  • Worldwide access opens to unique Panama registry and crewing services
    Applicants can make payments, track their application's progress and receive electronic certificates directly from the Panama Embassy in Singapore
  • March to digitalisation will enhance safety, sustainability and financing
    The Lloyd's List/Inmarsat joint publication Digitalisation Uncovered - What's Next for Shipping? shows primary drivers for digitalisation are cost reduction and...
  • Why we should all be concerned about seafarer mental health
    A rise in bullying and harassment at sea can be linked to weak leadership, a reduction in community spirit, and...
  • Ship finance bounces back after Deutsche Bank retrenchment
    'We really didn't want to be one of 25 lenders in a syndicate and not really be meaningful. A view...
  • Shipping fund has seen record year ahead of new environmental strategy
    The EnTrust Global maritime outfit has deployed over $600m in 2020 while raising $925m since April. Now, the fund is...
  • UK plans to rival Singapore are more proposal than policy
    The timing of a leaked set of proposals to bolster the UK flag next year has ruffled feathers and the...
  • Eight crew kidnapped by Gulf of Guinea pirates
    So far 27 ships have been boarded and 130 crew kidnapped in waters off West Africa, Dryad Global reports
  • Can a bipolar tanker market find equilibrium in 2021?
    The old shipping adage that cargo is king applies more than ever for 2021. A rising east-west divide, post-Trump geopolitical...
  • Tonnage providers celebrate with a boxship bonanza
    The surge in demand for containerised freight has seen every available ship put into service. A shortage of tonnage is...
  • Norden shifts exposure from tankers to bulkers
    Danish owner and operator says it has sold two tankers in recent weeks and bought two secondhand bulk carriers as...
  • UK Ship Register set to take offshore units and revamp tonnage tax after Brexit
    Singapore repeatedly referenced as comparator for UK flag's future
  • Shell charters four newbuild LNG carriers
    The LNG tankers, to be built by Korea Shipbuilding & Offshore Engineering, are worth more than $740m. They will be...
  • TOTE Services cut steel at Philly Shipyard for new training vessels
    The National Security Multi-Mission Vessel will feature numerous instructional spaces, a full training bridge, and have space for up to...
  • Daily Briefing
    Free to read: Ship finance climate report revealed | Oil heads lower for longer | Rina ruling sparks class concern |...
  • BW Group becomes largest shareholder in Navigator Holdings
    The operator of the world's biggest VLGC fleet is now extending its reach to the smaller LPG carriers segment with...
  • Russian miner to boost Elga coal exports to China
    The company wants to further boost the volume to 50m tonnes per annum in the longer term, according to general...

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The Journal of Commerceweb site
DECEMBER 16, 2020
  • US East Coast ports avoid gridlock despite rising volumes
  • BNSF again rations space in Los Angeles, Chicago
  • New logistics park to drive Mobile export resins
  • Fluor returns to profit, but COVID-19 blurs project pipeline
  • Scarcity of vaccine-certified airports raises bottleneck concerns
  • Market challenges delay PSA expansion at India's JNPT
  • CloudTrucks nabs $20.5 million amid VC interest in small carrier software

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TradeWindsweb site
DECEMBER 16, 2020
  • War-risk rates set to rise after Red Sea 'terror attack' on Hafnia LR1
    Owners face higher premiums as security threat spreads
  • Capesize rates get boost from low supply in Atlantic Basin
    Stronger cargo flow in Atlantic may cause counter seasonal rally in capesize rates, Breakwave Advisors' John Kartsonas said
  • Hot LNG carrier charter rates can climb higher, Poten says
    'Seasonal bump' set to last through winter period as wildcards could cancel out fleet growth concerns
  • Study finds LNG-fuelled VLCCs can save $8,000 per day
    With LNG much cheaper than conventional fuels, Channoil Consulting and Gibson Shipbrokers see dual fuel vessels as a good investment
  • Scorpio Bulkers sees higher price for latest ultramax sale
    New York-listed owner deals 28th vessel of the year as sales march continues
  • GEV working on Brazilian deal for 'large fleet' of CNG ships
    Potential contract is second project Australian owner is preparing for in South America
  • Diamond S Shipping parts ways with top commercial officer after tough year
    Michael Fogarty had been a veteran of the old OMI Corp and was recruited to Diamond S by chief executive Craig H Stevenson Jr
  • GNMTC on the prowl in S&P market for fleet renewal move
    As its oldest aframaxes walk out the door, the Libyan state company is actively looking for modern, high-specification ships to replace them
  • Singapore-on-Thames? UK eyes tonnage tax changes but not everyone is happy
    Sources have said the proposals were mistimed and could create greater friction with Europe during a critical time in Brexit negotiations
  • Shipowner pair moves into top Greek construction firm
    Altomare principals Dimitris Bakos and John Kaimenakis deepen their close partnership, emerging as joint shareholders in one of Greece's biggest onshore companies
  • Engine makers warn zero-emission marine fuels need green electricity
    Renewably sourced power is needed for net-zero emission fuels to make well-to-wake reductions in greenhouse gases, says engine makers' association
  • 'The currency of 2021 is emissions': Parker plots way forward for banks
    Citi's shipping head sets out his hopes for the coming months, including Chinese lenders joining the Poseidon Principles
  • Probunkers applies for LNG bunkering license in Singapore
    Athens-based company set to revive bunker vessel newbuilding plans in the New Year
  • Norden continues tanker sales and bulker acquisitions
    Danish player has been shifting its market focus as it sees better earnings prospects on the dry side
  • Eight more seafarers kidnapped from cargoship off Nigeria
    Second successful boarding in two days emphasises need for utmost caution in Gulf of Guinea
  • 'This is the new normal': Read 40 shipping players' perspectives on what's changed for the sector
    As shipping looks toward the post-pandemic world, a cross section of the industry told TradeWinds what's in store. Click on any of the names below to read their views.
  • Grimaldi taps Spain's Caixabank for $42.5m in newbuilding finance
    New loan will fund second of series of new ro-ro vessels due from China Merchant Jinling Shipyard
  • Diana Shipping offers first share buy-back since January
    New York-listed bulker owner to use cash from ship sales in 'one-off' repurchase deal
  • New Louis Dreyfus venture orders French offshore wind vessels
    French owner teams with UK's Tidal Transit for crew transfer operations
  • Bullish Swedish Club to set up shop in Singapore
    Marine insurer is hopeful of expanding further in Asia following the success of its Hong Kong outpost
  • U-Ming pumps $20m into Chinese bulker joint venture
    Taiwanese shipowner eyes long-term investment in ground-breaking service across Taiwan Strait
  • SM Line back in profit as it bids for Hanjin Heavy yard
    South Korean container line part of group hoping to take over domestic shipbuilder
  • HFW Singapore gets down and dirty with anniversary beach clean
    Law firm celebrates 30 years in Singapore by helping to clean up its beaches
  • 'This is the new normal': Read 40 shipping players' perspectives on what's changed for shipping
    As shipping looks toward the post-pandemic world, a cross section of the industry told TradeWinds what's in store. Click on any of the names below to read their views.
  • Greater arbitration transparency expected after UK Supreme Court move
    Court clarifies the law on appointing arbitrators and apparent bias where multiple appointments overlap
  • Turner Holm: Consensus says there's years of growth ahead for wind vessels
    Head of research at Clarksons Platou Securities says that while rates are modest in the sector this year, there may be more investments in new vessels
  • Andrew Yeoman: 'The digital version of the insurance market is just getting started'
    Concirrus chief executive says 2020 was the 'end of the beginning' as digitalisation and new operating models are being embraced
  • Elina Papageorgiou: The industry has only 'scratched the surface' of remote surveys' possibilities
    Lloyd's Register's UK and Ireland marine and offshore president says the ability to carry out surveys from afar is not new, but Covid-19 made it vital
  • Stamatis Tsantanis: 'The day after tomorrow will not look the same'
    Chief executive of Seanergy Maritime Holdings says economic stimulus efforts will fuel massive infrastructure projects
  • Nikos Triantafyllakis: 'We must not reach the point of transferring ashore responsibilities that must stay on board'
    Chief executive of bulker operator W Marine says traditional seamanship values must be preserved, despite Covid-19 accelerating technology change
  • Korinna Tapaktsoglou: 'We have seen firm evidence of positive sentiment and higher rates'
    Chief financial officer of Pioneer Marine says sale-and-purchase environment will allow bulker owners to renew their fleets
  • Gary Vogel: 'The table is set for a continued rebound'
    Chief executive of Eagle Bulk Shipping says path is unchanged for the shipowner, with 2020 standing out as a 'lost year'
  • Thomas Wilhelmsen: 'The New Year will continue to pose uncharted psychosocial challenges for all of us'
    Wilh Wilhelmsen Holding chief executive says group's people must remain in focus as dedication takes its toll
  • Iro Gidakou: Out of the challenges for seafarers, some opportunities can emerge
    Maran Gas Maritime master mariner says seafarers are facing challenges in Covid-19, but some new procedures are positives
  • Jens Martin Jensen: Why shipping's future makes it worth going back to chemistry class
    Athenian Holdings chief executive explains need to decipher NH3, H2, C3, C4 and CH3OH
  • 'This is the new normal': Read 41 shipping players' perspectives on what's changed for shipping
    As shipping looks toward the post-pandemic world, a cross section of the industry told TradeWinds what's in store. Click on any of the names below to read their views.
  • Abdulkareem Al Masabi: Now is the time to 'act strategically with a long-term vision'
    Chief executive of Adnoc Logistics & Services says shipping should not lose sight of environmental focus as it rides the rebound
  • Anthony Gurnee: Remember the full meaning of 'sustainability'
    Ardmore Shipping chief executive says the Covid-19 pandemic has shown that financial resilience is key
  • Mikael Skov: Pandemic has 'accelerated the energy transition'
    Chief executive of tanker owner Hafnia excited for product carrier sector to be better positioned for a post-Covid-19 world
  • Hu Keyi: History shows shipbuilding can overcome the challenges
    Chief of corporate technology at Jiangnan Shipyard says industry faces continued uncertainty
  • SY Park: 'Favourable opportunities will be created after Covid-19'
    Chief operating officer of Hyundai Heavy Industries says rising regulation and the Joe Biden administration in the US will fuel demand for new ships and technologies
  • Mohammed Zahirul Islam: 'There is a huge appetite to buy vessels for demolition'
    Managing director of PHP Ship Breaking & Recycling Industries sees 'hope and opportunity' in the post-pandemic rebound
  • Jasmin Fichte: 'Restructuring, insolvencies and mergers will keep the legal industry extremely busy'
    Managing partner of Dubai-based law firm Fichte & Co says legal work related to Covid-19 will continue to flow in
  • Mark Friedman: Market will support 'companies that are strong enough to be countercyclical'
    Senior managing director at Evercore sees a silver lining to the pandemic's impact on shipping
  • Kristin Holth: 'We need to make a deep dive into how resilient we are'
    Board member at Maersk Tankers and GasLog asks whether shipping has built in enough flexibility to tackle the challenges of the future
  • Paivi Haikkola: Pandemic has 'highlighted the need' for autonomous technologies
    Senior ecosystem lead at autonomous shipping alliance One Sea says the pandemic has increased demand for technological solutions
  • Chris Moncrieff: Remote work has enhanced the challenges of the 'old ways'
    The chartering advisor and co-owner of VesselAdmin says a common digital chartering platform is inevitable in offshore
  • Su Yin Anand: Year of challenges 'resulted in a flight to innovation'
    Maritime lawyer and founder of The Captain's Table innovation programme says it is a great time for people who want to make a real impact to get on board with shipping
  • Semiramis Paliou: Pandemic has served as a 'catalyst'
    Diana Shipping's deputy chief executive says that while Covid-19 has facilitated new communications and technical solutions, it has also highlighted the importance of physical presence
  • Covid-19 drives whirlwind change after year that tested shipping's resilience
    A year overshadowed by the Covid-19 pandemic has brought renewed attention to crew welfare standards, but longer-term themes of shipping's future shape also emerged as key messages from our annual survey of leading industry figures
  • Constantin Baack: Changes 'will continue to accelerate the charter rate boom'
    Chief executive of MPC Container Ships says Covid-19 has created more regional trade and created structural shifts in consumer behaviour
  • Carmelita Hartoto: 'We need to concentrate on our core shipping operation'
    Chief executive of the Andhika Group and chairwoman of the Indonesian National Shipowners' Association says her company is outsourcing and adopting digital technologies to stay focused on what is important
  • Monica Kohli: Covid-19 to lead to overhaul of pandemic clauses
    Gard senior lawyer says coronavirus has moved digitalisation of insurance forward and will lead to charter contract changes
  • Fabiola Hernandez: A return to the pre-Covid-19 environment looks unlikely
    Total Marine Fuels Global Solutions' HSEQ and technical director says the pandemic has not been in the way of the march to LNG fuel
  • Philipp Wunschmann: Resiliency in Covid-19 has been 'proof of concept'
    Head of shipping at Berenberg says bank has had no defaults amid the Covid-19 pandemic
  • Tom Crowley: Providing supply chain resiliency from home
    Chairman and chief executive of Crowley Maritime says continued support and vigilance is key to crew welfare challenge
  • Zhou Ling: 'Nobody gave us nasty surprises whatsoever'
    Head of shipping at CMB Financial Leasing is optimistic after even cruise sector managed to avoid causing problems for financier
  • Alexandra Willcox: More arrests and more judicial sales ahead
    Eggar Forrester Shipbrokers' director explains how Covid-19 has changed the market for court sales
  • Quintin Kneen: Mariners should have priority access to vaccines
    Tidewater chief executive says mariners were forgotten in the 'fog of war' during Covid-19 crisis
  • Christine Duffy: 'We're seeing pent-up consumer demand'
    But Carnival Cruise Line's president acknowledges that the passenger experience will change when the sector returns to business
  • Anita Gajadhar: Building resistance in an 'ever-changing global environment'
    Managing director of Proman Shipping says the pandemic has taught important lessons about volatility of fossil fuels
  • Vincent Lai: 'We do need to take care of the fundamental'
    Landbridge Holdings chief executive says that as shipowners talk about technology and revolutionary future fuels, focus should be on seafarer well-being
  • Booming boxship markets scupper Samherji's second offer for Eimskip
    Icelandic company's investors reject attempt by fish processor to buy company
  • Thoresen makes second bulker acquisition of 2020
    Singapore shipowner linked to Scorpio Bulkers ultramax first reported sold in late October
  • HOLD chops MPC Container Ships stake but retains trust in bosses
    Hungarian investment company is sticking around despite recent share sale
  • Clarksons forecasts slight rebound for bulkers in 2021 despite 'headwinds'
    But the shipbroker warned that 'clear risks remain'
  • Shipping industry sails through storms of 2020 with pride intact
    Optimism rebounds as news of Covid-19 vaccine gives shipping markets a shot in the arm
  • Dry bulk poised for growth in 2021 amid Covid-19 recovery
    In 'extraordinary outcome', period charter market robustness points to improvements next year
  • Jordan's Arab Ship Management buys Chinese ropax vessel
    Purchase is the first non-scrap deal involving an Asian-owned ropax this year
  • Australia plays down talk of retaliatory iron ore levy on China
    Prime minister Scott Morrison says coal import ban would breach World Trade Organisation rules
  • HFW Singapore gets down and dirty with anniversary beach clean-up
    Law firm celebrates 30 years in Singapore by helping to clean up its beaches
  • Pacific International Lines sells another bulker as it stages dry cargo exit
    Dry bulk exit reportedly linked to restructuring that will see Singaporean shipowner focus on core liner business
  • Knutsen NYK Offshore Tankers drops down suezmax to MLP
    US-listed partnership has also entered into a new $25m revolving credit facility with Shinsei Bank
  • The results are in: first Poseidon Principles report reveals banks' green compliance levels
    Big difference in portfolios' decarbonisation compliance as Michael Parker hails ship finance's pioneers

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American Shipperweb site
DECEMBER 16, 2020
  • Qantas Freight renews domestic air contract with TNT/FedEx Australia
    FedEx Express and TNT Express are integrating. They will continue to outsource airfreight to Qantas under a new deal.
  • News alert: Regulators warn container lines to stop refusing US exports
    Allegations of service and rate violations ocean carriers against U.S. exporters are increasing, according to FMC commissioners.
  • Container ports are booming - and not just on West Coast
    Container flows into U.S. ports have grown faster over the past three months than they have at any other time in the past decade.
  • Delta Air Lines moves Pfizer vaccine on passenger flights (with video)
    Delta joins the caravan of airlines moving COVID vaccines. Air Canada gets ready.
  • ONE Apus container loss shows need for 'real-time information'
    Removal of dislodged containers is expected to take more than a month, and none of the 1,816 units that fell into the Pacific have been...
  • No dry ice shortage, FedEx and UPS say
    The dry ice shortage that many feared would crimp the ability to ship COVID-19 vaccines turned out to be a Y2K event.

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The Bunker Bulletinweb site
DECEMBER 16, 2020
  • OIL FUTURES: Crude settles at 10-month highs following US inventory draw
    Crude futures settled higher Dec. 16 on the heels of a larger-than-expected US crude inventory draw.
  • TENDER DATA: Iraq's SOMO sells straight-run fuel oil for Q1 2021 loading
    SOMO last sold 475,000-871,000 mt of straight-run fuel oil loading in November and December to Shuaa Altaka, PTT and Anlel at a premium of $18-$20/mt to MOPAG 180 CST fuel oil assessments, FOB.
  • US crude exports climb on week, end of year spike expected
    US crude exports climbed on the week ended on Dec. 11 from a more-than two-year low, according to data released on Dec. 16 from the Energy Information Administration, as a flurry of fixture activity for the end of a year indicates a further jump in flows in future weeks.
  • TENDER DATA: Sri Lanka's Lanka IOC seeks marine fuel 0.5% for H1 Jan delivery
    Lanka IOC occasionally seeks marine fuel 0.5% volumes from the spot market via tender to meet bunker demand at Trincomalee.
  • FUJAIRAH DATA: Oil products stocks reach highest since late August
    Stockpiles of oil products at the UAE port of Fujairah jumped 6.7% in the week to Dec. 14 to their highest level since the end of August, the latest data from the Fujairah Oil Industry Zone shows.
  • Container rates soar on the North Asia-to-Europe trade routes
    **North Aisa-to-UK route sees three-and-a-half-fold increase **Rates expected to hold until Lunar New Year **CMA-CGM to increase capacity to Europe by 10% in 2021 **Equipment shortage issues causing disruption on backhaul trades
  • INDONESIA DATA: October jet fuel imports total 40,890 mt
    **No jet fuel imports over May-Sept. **Air travel crippled by COVID-19
  • INDONESIA DATA: Oct gasoil imports hit 6-month high on looser COVID restrictions
    **Indonesia's gasoil imports up 6.2% on year **Inflows from Singapore more than double
  • Poseidon Principles report shows 20% alignment with IMO climate goals
    **Half of disclosing banks showed close alignment **Environmental conditions already affecting loans
  • ExxonMobil, Dutch Vopak to study potential South African LNG import terminal
    **Agree MOU to carry out feasibility study **S Africa eyeing gas to replace dirtier coal **US major says 'well positioned' to supply LNG
  • Angola's Feb crude loadings down on month at 1.096 mil b/d
    **Total of 32 cargoes in Feb, down from 38 in Jan **No cargoes of Palanca, Saxi or Mondo to load in Feb
  • Algeria cuts fuel imports to zero in 2020 as demand sinks: Sonatrach CEO
    Algeria has cut its fuel imports to zero this year as a result of falling demand, Toufik Hakkar, the CEO of Sonatrach, said on the private TV channel Echourouk.
  • S&P Global Platts to publish first voluntary carbon credit price assessments
    **First in a suite of voluntary carbon benchmarks **Platts CEC to reflect CORSIA-eligible credits **Voluntary markets 'set to grow exponentially'
  • JAPAN DATA: Dec. 6-12 oil product exports drop 25.8% to 1.48 mil barrels
    Japan's oil product exports fell 25.8% week on week to 1.48 million barrels over Dec. 6-12, according to data released Dec. 16 by the Petroleum Association of Japan.
  • Asian transport fuel demand in for slow recovery despite vaccine hopes: sources
    **Underlying long-term jet demand fundamentals remain poor **Influx of Chinese gasoline barrels offsets buying interest: sources **Gasoil demand remains uncertain on rising infections

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