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22 September 2021 The on-line newspaper devoted to the world of transports 03:50 GMT+2

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Exim Indiaweb site
JULY 7, 2021
  • Inchcape Shipping Services & John Keells Holdings form joint venture in Sri Lanka
  • ZIM in new long-term chartering agreement for ten 7,000 TEU LNG-fuelled vessels
  • Engineering goods export up by 52.61 pc in June
  • Chittagong Port handles over 3 million TEUs in FY21
  • Building the supply chain of the future
  • CONCOR's MMLP Barhi scaling new heights
  • Close to double-digit growth seen in FY22
  • Annual warehousing transactions for top 8 Indian cities projected to grow at 19 pc CAGR over next five years
  • GEODIS acquires Velocity Freight Transport

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International Transport Journalweb site
JULY 8, 2021
  • Closer ties between Antwerp and Liège
  • ADY adds Prima to its locomotive fleet
  • New office in Xi'an
  • Upswing in Duisport
  • Daily links between Belgium and Alsace
  • Racing to Kenya
  • Grimaldi named ICS chairman - designate
  • All-clear signal in Yantian?
  • How Gefco takes the digital path
  • Autonomous port truck system implemented
  • Swissport opens new US station
  • Eichinger to take charge
  • DHL in the land of plenty
  • Fresh breeze for Port of Valencia
  • One million HGVs to be taken off the roads
  • More multi mission aircraft for Paraguay
  • "Curiosity of the Day"
  • New CFO to land at Boeing

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The Loadstarweb site
JULY 7, 2021
  • Vietnam trade still booming, but new Covid restrictions may prove a threat
  • Frantic spending spree in S&P containership market has left the well dry
  • Disruption hitting Europe's auto factories not just about semiconductors
  • OOCL profits double as first-half performance outstrips Covid-hit 2020
  • US supply chains still congested, but it's a silver lining for overheated California
  • Warning to shippers: expect high freight rates and disruption to last a while
  • Zim to charter another seven dual-fuelled newbuilds from Seaspan
  • To beat rising charter rates, TS Lines aims to boost its owned fleet
  • High praise for Ever Given crew as vessel finally sets sail from Suez
  • Belarus leader threatens to block transit of EU-China freight lanes
  • M&A radar: Swift (K)night deal - the day after
  • Under the radar: 'We want you' - New Orleans' gateway hub getting underway

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Marine Logweb site
JULY 7, 2021
  • Damen licenses Conrad to build two Multi Cats for GLDD
    Damen Shipyards Group has concluded a license agreement with Conrad Industries. The agreement will see Morgan City, La., headquartered Conrad Shipyard construct two Damen Multi Cats for Great Lakes Dredge & Dock
  • Ørsted bids for Maryland's Skipjack Wind 2
    Ørsted said today that it has submitted a bid to the Maryland Public Service Commission to develop Skipjack Wind 2, a proposed project of up to 760 MW. The bid is in
  • 3D model class process used in barge modification
    A barge modification project carried out by Valdez, Alaska, headquartered Stillwater Marine Services LLC for Brice Marine has been completed using the ABS 3D model-based class process. The barge has undergone a
  • VIDEO: Ever Given under way again
    Arab language TV channels were this morning streaming video of the containership Ever Given under way following its release by the Suez Canal Authority (SCA). The ship was in the headlines for

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Lloyd's Listweb site
JULY 7, 2021
  • Greeks say Europe's carbon market plans should focus on commercial operators
    Theodore Veniamis, president of the Union of Greek Shipowners, said it was of 'utmost importance that policy makers recognise where...
  • Dry bulk FFA volumes surge to fresh high
    Tanker freight futures volumes drop on moribund market for tankers even as oil price rises
  • IEA wants greater transparency for 'carbon neutral' LNG
    There have been at least 15 LNG cargoes sold over the past two years using emissions offsets, according to the...
  • Greek ferries face further losses as fuel prices offset traffic gains
    'Bunker prices are double what they were last year so traffic is going to be better but the financial results...
  • Box shipping faces image problem despite best efforts
    Carriers are doing all they can to restore capacity to the market. But the industry is not designed for rapid...
  • Cosco Shipping earnings boosted by container bonanza
    Container shipping subsidiary OOCL saw revenue more than double in the second quarter to $3.5bn
  • UK clubs join ranks of marine mutual loss-makers
    P&I sector expected to opt for third year of high single-digit percentage point rate hikes as marine mutuals continue to...
  • Carrier capacity crunch sees sales records broken
    Box carriers don't have the slot capacity for the volumes they need to carry. They are now willing to bid...
  • Box volumes show little sign of let-up
    Strong demand sentiment was sustained through May with Far East exports continuing to drive numbers. Year-to-date traffic is up nearly...
  • Safe Bulkers clinches newbuild kamsarmax deal
    Company president says it is gradually renewing its fleet, and continues to invest in the most efficient, environmentally-friendly vessels available...
  • Nobu Su jailed for two years for contempt of court
    Former billionaire shipowner found to have lied, hid assets and blatantly contravened court orders in long-running dispute with Greek shipowner...
  • TS Lines orders four 7,000 teu newbuilds at Waigaoqiao
    The eco-design fresh tonnage will meet the NOx Tier III standards and the phase 3 requirements of the Energy Efficiency...
  • Avance Gas secures 'sustainability-linked' funding for two VLGCs
    The loan will be connected to Poseidon Principles carbon intensity targets and will finance two dual-fuel LPG newbuilds set for...
  • Ever Given begins exiting Suez Canal after compensation deal
    The Ever Given is leaving the Suez Canal after its owners, insurers and the Suez Canal Authority signed a deal...
  • Daily Briefing
    Free to read: Marine insurers failing to reimburse ransom payments | Shipbuilders face mixed outlook as newbuild costs soar |...
  • ONE said to be in talks for six 24,000 teu newbuilds
    ONE tells Lloyd's List it is analysing its newbuilding options, although 'nothing is yet firm and ready for public announcement'
  • Florida ports closed ahead of tropical storm
    The National Weather Service forecast Elsa would make landfall along the northwest Florida Gulf coast within hours before moving across...

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The Journal of Commerceweb site
JULY 7, 2021
  • Blast on container ship at Jebel Ali rattles Dubai
  • Vancouver intermodal delayed after British Columbia fire damage
  • Ex-Sea-Land executive, containerization pioneer Tolan dead at 88
  • US inland freight networks creaking under peak season strain
  • Cosco predicts 40-fold increase in H1 net profit
  • Port congestion, labor shortages increasing costs for food shippers
  • Truck capacity constraints worsen on US-Mexico border

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TradeWindsweb site
JULY 7, 2021
  • Containership explosion at Jebel Ali Port shakes Dubai
  • Genco Shipping linked to $72m buy of Navigare ultramax trio
  • Nigeria plays up anti-piracy success in push for war risk removals
  • OSV-turned-rescue boat saves 572 migrants in Mediterranean this month
  • Togo jails nine men for up to 20 years in first piracy trial
  • Carbon prices in Europe helping capesize demand as coal cargoes go east
  • TS Lines doubling up on Chinese neo-panamax containership orders
  • Scorpio Group doubles size of pool for older handymax units
  • Knutsen named as shipowner behind Hyundai Samho LNG carrier order
  • Penfield Marine teams with Macquarie on first carbon-neutral voyage
  • Nigeria plays up anti-piracy success in push for war risk removals
  • OSV on rescue duty saves 572 migrants in Mediterranean this month
  • OOCL more than doubles second quarter revenue to $3.5bn as boom goes on
  • Two shareholders take aim at merger of Diamond S and International Seaways
  • Procopiou to buy Greece's Skaramangas shipyard
  • Ever Given sails again as 100-day Suez Canal saga ends
  • Capesize sales trail smaller bulkers, with focus on 10-year-old ships
  • Samudera sells again as 2008-built feeder containership fetches $12.5m
  • IEA calls for more transparency on 'carbon-neutral' LNG shipments
  • Alpha Bulkers spends $102m to snap up Shanghai Waigaoqiao bulkers
  • Tanker owners feel the pain as bunker prices hit 17-month high
  • Heaven or hell: Opec+ deadlock leads to uncertain outlook for tankers
  • Axxis Geo changes name as it moves into carbon reduction investments
  • Hyundai Heavy Industries workers down tools and occupy crane
  • Nobu Su sent back to prison for 24 months for contempt of court
  • Turkish captain repatriated after a year in Egypt aboard powerless, Covid-stricken ship
  • Galbraiths bulks up on S&P, carbon expertise and tankers
  • ABC Maritime tanker released by Nigeria after more than three years
  • Bulker crew members hospitalised and outbreak hits tanker despite jabs
  • Ships are still a target in 'shadow war' between Israel and Iran
  • Sole Shipping among buyers feasting on Xihe tanker fleet
  • Yangzijiang to pull in another $1bn in orders, analyst predicts
  • SK Shipping doubles up on VLGC newbuildings at Hyundai Samho
  • Sinokor scraps fourth LNG carrier in eight months

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American Shipperweb site
JULY 7, 2021
  • Port of Vancouver feels squeeze from CN, CP wildfire backlog
    A disruption to CN and CP rail service caused by a wildfire is putting the Port of Vancouver under pressure as Maersk and Hapag-Lloyd warn...
  • Port Houston awards $99M for expansion projects
    McCarthy Construction Cos. has been awarded three projects to help handle growing cargo volumes on the Texas Gulf Coast.
  • DHL Express invests $360M in Americas to keep up with e-commerce
    DHL Express is constantly investing in its network, but the growth of e-commerce is accelerating expansion of its operations.
  • Group to build 1.2 million-square-foot industrial park near Savannah port
    The project continues the region's hot streak in attracting logistics development.
  • Ship values are soaring amid secondhand sales 'frenzy'
    More box ships, bulkers and tankers are changing hands than ever before - good news for ship values and stocks.
  • Ever Given finally released from custody in Egypt
    The saga of the Ever Given moves to its next chapter as the container ship that captured the world's attention when it became wedged between...
  • Port of Yantian productivity rapidly improves but export delays persist
    The biggest container shipping line in the world says container traffic at the massive Port of Yantian in China is moving much better after COVID...

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The Bunker Bulletinweb site
JULY 7, 2021
  • Two UAE firms in talks to build green ammonia facility powered by 2 GW solar plant
    Project is second green ammonia facility expected to be built in KIZAD.
  • Energy rout extends as market eyes OPEC+ discord, rising supply outlooks
    Stronger US dollar adds to downward pressure on crude prices.
  • First delivery of GEO futures sees 21,000 offsets transferred at the start of July: CME
    Development of forward market for carbon credits has been obstructed so far by a bullish price trend in the spot market.
  • Fujairah crude storage set to reach 10 mil cu m, more projects being discussed: FOIZ
    **Current crude, product storage combined exceeds 10 mil cu m.
  • SHIPPING: Ultra large container ship Ever Given released from Suez Canal
    **Cargo deliveries to hinge on GA adjustment **Ever Given's next survey at Port Said
  • Saudi Aramco's Aug crude OSP hike beats market expectations, supply worries linger
    **Arab Super Light up $1/b, others by 80 cents/b **Spot premiums may still rise on delayed OPEC+ output hikes
  • Surging prices kill thirst of China's independent refiners for feedstock imports
    **June feedstock imports at 6-month low **Refiners turn to domestic inventories to cut costs
  • Taiwan's Formosa may cut fuel oil exports in July on higher gasoline crack, maintenance: source
    Gasoline crack spread has been strong in particular, due to tightening regional supply. China is expected to sharply reduce gasoline exports for July, S&P Global Platts reported previously.
  • SHIPPING: Tankers freight seen weak in Q3 as supply weighs
    The slowdown in demand caused by the pandemic has shown a marginal recovery but not enough to bring around a turnaround.
  • Saudi Aramco hikes August crude OSPs for all destinations
    Saudi Aramco had raised its official selling prices for crude loading in August for all destinations, the Saudi Arabian energy group said July 6.
  • Vietnam domestic motor fuel demand to sink further as COVID-19 wave spreads
    This new wave in Vietnam is very serious. It has spread quickly and the government is doing all it can to contain it, one market source based in Vietnam told Platts.
  • TENDER DATA: India's BPCL seeks up to 1.9 mil mt LPG for 2022
    Specs & quantity: Up to 1.5 million mt segregated propane & butane and another 400,000 mt LPG mix. A firm contract for LPG mix would be placed only for January-September 2022. Buyers have option to extend it to December 2022 provided such option is exercised by June 30, 2022.
  • KPI OceanConnect completes 1st carbon-neutral fuel supply to aid sustainable shipping
    The voluntary carbon units were derived from a wind farm in Texas and verified by Verra Registry, KPI OceanConnect said in a statement on July 6.
  • FUJAIRAH DATA: Oil product stocks fall to six-week low on higher summer demand
    Heavy distillates inventories were down 33% from this time last year, according to the FOIZ data provided exclusively to Platts. Stockpiles may continue to decline after Pakistan State Oil bought 65,000 mt of 180 CST high sulfur fuel oil, with maximum 3.5% sulfur from Vitol for delivery to Port Qasim over July 21-29 at a premium of $52.28/mt to the Mean of Platts Arab Gulf 180 CST HSFO assessments, CFR, Platts reported earlier.
  • S Korea's bunker fuel demand shows signs of picking up
    Given the volatility in the Asian fuel oil cargo market, buyers have drifted to the sidelines awaiting clear pricing cues, or pull spot inquiries in anticipation of price corrections.
  • TENDER DATA: India's MRPL sells 65,000 mt diesel for July 25-27 loading
    Price: Premium of around $1/b to the Mean of Platts Arab Gulf 10 ppm sulfur gasoil assessments and Mean of Argus Mideast Gulf 10 ppm sulfur gasoil assessments, FOB
  • Theme International VCC: Theme International Trading to join Asia oil products paper MOCs
    Platts welcomes all relevant feedback regarding MOC participation.

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