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

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Exim Indiaweb site
AUGUST 26, 2020
  • CCFI inches up
  • Ocean freight rates on Asia-Europe trade surge but seen vulnerable
  • OOCL announces new China Straits Service 1 & 2
  • Per Øivind Rosmo named new CFO of Höegh Autoliners
  • SCI to start direct service linking Kochi & Tuticorin with Male (Maldives) in Sept.
  • World's 1st large container vessel powered by LNG completed
  • Govt mulls increasing Customs duty on formulations, agrochemicals, pesticides
  • ICES Advisory 10/2020 (Project Imports) - Option to debit duty through Duty Scrip for Project Imports Bills of Entry
  • Multiple levies to be considered while fixing RoDTEP rates
  • TT Club invests in app to help hauliers & drivers
  • Export Preparedness Index 2020 released
  • US yet to respond to India's suggestion of inking mini trade deal
  • Allcargo Logistics supports 25 life-saving free-of-cost heart surgeries for underprivileged children
  • Benefits of digitisation in the supply chain

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International Transport Journalweb site
AUGUST 27, 2020
  • New shuttle links Ural with the Far East regions
  • From Unesco to the ministry of transport
  • Optimised network with a new facility in Hesse
  • Medway opens logistics platform
  • Enhancing BMT in Algeria
  • Lynn Houston Moore promoted to CEO of HJI
  • Another TIR corridor launched in Asia
  • Damco's BR programme supports Lebanon team
  • Biggest blueberry season threatened by Covid-19
  • TTI Algeciras to change hands
  • Aries Worldwide Logistics appoints first-ever CCO
  • "Curiosity of the Day"
  • Cool chain for Ethiopia
  • Italian Brenner extension takes shape
  • LGI uses cloud service at LIS
  • GTA Dnata to begin operations in Vancouver
  • First freighter for Tierra del Fuego-based airline

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The Loadstarweb site
AUGUST 26, 2020
  • Idle boxship fleet below 1m teu for first time this year as charter market rises
  • Growth in air cargo market driving rising demand for B737 conversions
  • Samskip relaunches Amsterdam-Hull as demand for multimodal services rises
  • Swiss investors unveil futuristic plan for sending cargo underground
  • Remaining Virgin Atlantic creditors back £1.2bn rescue plan
  • On the wires: The IPO binge - ZIM, the next Ceva, a precursor for CMA CGM
  • Lockdown DIY online buying boom will continue post-Covid
  • Covid-19 radar: Is just-in-time out of time?

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Marine Logweb site
AUGUST 26, 2020
  • New turn-key service supports shipowner lay up requirements
    London-headquartered survival and safety solutions specialist Survitec is now offering a service aimed at ensuring CO2 low pressure (LP) firefighting systems are correctly deactivated when ships enter lay-up. The turn-key CO2 LP
  • J-ENG books multiple orders for new UEC42LSH engines
    In a reminder that there are more than two players in the large two-stroke engine sector, Japan Engine Corporation (J-ENG) reports it has booked a total of six orders for its UEC42LSH
  • Schottel wins repeat Mystic Cruises pump jets order
    Spay, Germany, based propulsion specialist Schottel has won a contract to supply state-of-the-art pump jets for five additional expedition cruise ships (with option to include a sixth) for Portuguese-based company Mystic Cruises.
  • Congressmen object to "crude" mnemonic in USCG training material
    Today, Chair of the House Committee on Transportation and Infrastructure Peter DeFazio (D-Ore.) and Chair of the Subcommittee on Coast Guard and Maritime Transportation Sean Patrick Maloney (D-N.Y.Congr) sent a letter to
  • Kongsberg pushes ahead on digitalization
    Kongsberg is combining Kongsberg Digital's two maritime divisions, its Maritime Digital Solutions unit and its Maritime Simulation hub, into one brand: Digital Ocean. It says the combination will enabling the synergies required
  • InfraStrata buys Appledore Shipyard and puts the H&W brand on it
    InfraStrata plc (AIM: INFA), the U.K. infrastructure project specialist that bought the assets of Northern Ireland shipbuilder Harland & Wolff reports that it has acquired another U.K. yard, Appledore Shipyard located in

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Lloyd's Listweb site
AUGUST 26, 2020
  • Patrick Hawkins, leading marine lawyer with expertise in salvage, dies at 59
    Praising him for his mastery of the various esoteric aspects of shipping law, law firm also pays tribute to Mr...
  • US Gulf ports brace for 'extremely dangerous' hurricane
    The National Hurricane Center midday Wednesday said Laura had become 'an extremely dangerous' Category 4 hurricane packing 140 mph winds, and warned...
  • Open-loop scrubbers shrug off regional restrictions
    Despite pressure due to regional restrictions and prohibitions, open-loop scrubbers do not seem to be losing market share to other...
  • Panama Canal extends advance payment suspension
    Measures introduced to help the industry get through the health pandemic are being further extended and will run at least...
  • Avance Gas sees US-Asia LPG arbitrage improvement
    Asian demand for LPG is normalising, which, combined with low US prices, is leading to an improving arbitrage, says Avance...
  • Crew change crisis deepens amid bureaucracy, logistics and cost
    A multi-agency UN approach and an extraordinary session of the IMO will get seafarers back on the political agenda after...
  • Weekly briefing: More positivity for container lines; reshaped tanker markets
    Maersk has predicted a 'progressive recovery' in container shipping demand in the third quarter of 2020 after a 16% drop...
  • Hapag-Lloyd chief holds shippers to commitment to ease supply chain recovery
    Hapag-Lloyd calls for commitments from customers to be honoured to ease disruption as capacity supply returns to normal
  • Standards set for wider use of methanol as marine fuel
    A new technical reference for methanol bunkering is expected to help boost understanding of an emerging marine fuel, which holds...
  • Favoured future marine fuel faces scaling-up challenges
    The build of ammonia-fuelled ships must ramp up significantly if net carbon-zero emissions targets are to be met; however, accelerating...
  • Digital crew pass offering virus certification faces test
    The move could allow crew to carry their authenticated digital health pass via their smartphone which would solve the document authentication problem...
  • Daily Briefing
    Free to read: Refined product data paints grim picture for tanker market | Seadrill shareholders could lose all in debt-restructuring...
  • Hurricane holds back US LNG output
    The last LNG carrier sailed away from Sabine LNG, the largest US export terminal, yesterday as the storm is expected...
  • India to restart ship-recycling yards at Sachana
    According to the government release, the ship-breaking yard in Sachana will be modelled on the one in Alang, although industry...
  • Total's Mozambique LNG project at risk from insurgent threat
    Mocímboa da Praia has been a logistics link for Total's $23bn LNG project on the Afungi Peninsula in Cabo Delgado...
  • Merger of HHI-DSME receives Singapore approval
    The competition authority said there were sufficient viable alternative suppliers to both companies, particularly for VLCCs and liquefied natural carriers...

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The Journal of Commerceweb site
AUGUST 26, 2020
  • US truckload activity still rising, but moderately: FourKites
  • Cosco to boost box-making business with funds from CIMC sale
  • Importers concentrating peak season shipments in LA-LB
  • JOC Uncharted: Shippers should plan for rising Asia-Europe contract rates
  • Carrier service adjustments threaten India's direct shipping push

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TradeWindsweb site
AUGUST 26, 2020
  • Adnoc L&S lines up $900m-plus VLCC and aframax newbuildings
  • The zany professor of Sandefjord takes analysts round and round his classroom
  • Cruise majors face limit on secured debt as pandemic wears on
  • Cleaves Securities says 'sell' Avance Gas after earnings miss
  • Arista Shipping down to one ship after supramax bulker sale
  • Wallenius Wilhelmsen succeeds with $224m bond sale as it looks to refinance
  • DSF ready for crisis after switching to eurobonds in $1.2bn deals
  • Arista Shipping down to one ship after supramax bulker sale
  • GasLog FSRU nears final shareholder structure as 2023 operations targeted
  • ABN Amro's Gorgels only has eyes for European shipowners
  • Major legal questions hang over pollution payouts for Wakashio
  • Neu Seeschiffahrt poised to sell older VLOC for demolition
  • Box freight rates soar, but lines better not overplay their hand
  • Kistefos considers new bond issue as pandemic hits results
  • Greece expands its territorial waters to the west
  • New $26m lawsuit launched over ill-fated VLCC voyage
  • SFL idles redelivered car carriers but remains upbeat on liner prospects
  • Taiwan Navigation sells panamax in fleet renewal bid
  • Remaining North West Shelf LNG steam ships pushed around market
  • LNG charter rates tip upwards on improved enquiry
  • Yara Marine seeks to diversify from scrubbers into greener ship technologies
  • New Fortress has 'vast opportunity' in $500bn gas power sector
  • Smart phone solution to shipping's crew change crisis to be trialled
  • Zim touted as potential IPO candidate in early 2021
  • Smaller LNG ships in demand for projects and bunkering
  • Shell sees growth potential for retrofitting vessels to run on LNG
  • $420m debt deal drives Havila Shipping back into profit
  • Susesea Holdings orders dry bulk newbuildings at Nacks
  • Avance Gas seals $45m leaseback sale as bank financing remains 'scarce'
  • Bharat Sheth says global upheaval makes forecasting 'a waste of time'
  • 'Defensive' Greatship survives OSV downturn due to term contracts
  • DOF's Mons Aase says OSV slump to last 'long into 2021'
  • Kuok, Maersk and BSM offer 200 traineeships for graduates during Covid crisis
  • Another Carnival workhorse heads for the scrapheap
  • ReCAAP warns over armed robbery at Philippines' Batangas anchorage
  • Changing coal trades prompt Platts to rejig capesize freight assessments

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American Shipperweb site
AUGUST 26, 2020
  • Hurricane Laura: United Airlines cancels flights, cargo delayed
    Hurricane Laura's onslaught has begun to disrupt air logistics in Texas.
  • Truck stops close shop ahead of Hurricane Laura
    Logistics aid network seeking assistance from transportation sector.
  • LA and Long Beach ports could learn from Mister Rogers
    The pandemic, trade war and a communication gap have muddled implementation of a $10-per-TEU surcharge.
  • Trans-Atlantic LCL steady despite COVID-19
    The trans-Atlantic may not be the dominant container market, but it remains dependable for hungry ocean consolidators and forwarders.
  • Maritime History Notes: Beirut blast echoes Texas City catastrophe
    The recent death and destruction at the Port of Beirut from ammonium nitrate reminds us that continued carelessness with handling this substance dooms us to...
  • Transportation, logistics sector braces for Hurricane Laura
    Hurricane Laura is predicted to make landfall near Port Houston, part of the nation's largest logistics hub for oil, gas and petrochemicals.

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The Bunker Bulletinweb site
AUGUST 26, 2020
  • JAPAN DATA: Oil product stocks rise 2% on week to 67.74 mil barrels Aug 22
    The stocks also rose 1.5% from 66.71 million barrels a year earlier, S&P Global Platts data showed.
  • Taiwan's CPC to shift to ultra low sulfur marine gasoil on growing regional ECAs: source
    Taiwan's state-owned CPC Corp. is planning to lower the sulfur content to 0.1% across its ports over time from 0.5% as more Emission Control Areas mandating 0.1% sulfur are implemented in the region, according to a company source.
  • Medium Range rates soar as cargoes covered in wake of US hurricanes
    Medium Range tanker markets have risen sharply on the back of news of imminent lockdowns in the US Gulf Coast region due to two incoming hurricanes -- Laura and Marco.
  • HSFO cargo to move back from Zhoushan to Singapore in rare move: sources
    This is likely the second fuel oil cargo plying the rare route in recent years as Singapore is typically a high sulfur fuel oil supplier to China, and most of the high sulfur bunker fuel sold in Chinese ports is imported, industry sources said.
  • CHINA DATA: July fuel oil exports rise 34% on year to 1.18 mil mt
    China exported 1.18 million mt of fuel oil in July, up 34% year on year but down 6.8% from June, data from General Administration of Customs showed Aug. 26.
  • Thailand's July fuel oil exports rise on month as domestic demand softens
    Thailand's exports of fuel oil in July recorded a 4.62% rise on the month, according to customs data, as sources highlighted domestic bunker demand in the third quarter weakened slightly. Exports were, however, 21.39% lower on the year.
  • Fujairah oil product stocks soar in biggest weekly gain since February
    Stockpiles of oil products at the crude trading and bunkering hub of Fujairah on the east coast of the UAE jumped to a six-week high, with marine bunkers and fuel for power generation soaring the most in six months.
  • World gasoline demand to recover by year-end helped by 'urban flight': Barclays
    Global gasoline demand, the biggest casualty of COVID-19 lockdowns by volume, could largely recover to normal levels by year-end, according to Barclays, which shrugged off widespread concerns of structural weakening in long-term demand for the driving fuel.
  • US DATA: EIA says Gulf Coast ULSD stocks hit record high
    Ultra low sulfur diesel stocks on the US Gulf Coast reached a record high during the week ended Aug. 21, building 1.82 million barrels to 56.08 million barrels, US Energy Information Administration data showed Aug. 26.
  • BRAZIL DATA: Diesel, bunker fuel boost refinery output in July
    Brazilian refined-product output jumped to its highest level in seven months in July amid strong demand for diesel and low-sulfur bunker fuel, according to data published Aug. 26 by the National Petroleum Agency, or ANP.
  • Durban VLSFO bunker prices jump $61/mt in two days
    Delivered-Durban 0.5% sulfur fuel oil bunker prices reached $435/mt on Aug. 25, up from $374/mt on Aug. 21 in just two consecutive trading sessions, S&P Global Platts data shows.
  • OIL FUTURES: WTI edges higher but products dip as US Gulf braces for Laura
    US crude prices edged higher Aug. 26 as a strengthened Hurricane Laura approached the heart of US energy country, but the rest of the energy complex declined amid weakened demand outlooks.
  • External: Global Risk Management

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