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25 September 2018 The on-line newspaper devoted to the world of transports 01:19 GMT+2

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Sched Netweb site
NOVEMBER 2, 2017
  • CMA CGM levies Asia-South Africa peak season surcharge from Nov 7
  • Seaspan names banker-accountant Bing Chen as its new CEO
  • Seaspan quarterly profit off 33.5pc to US$60.1 million, sales fall 6.1pc
  • Cosco holds share sale to raise cash for 20 new 22,000-TEUers
  • MPC Containers buys two second hand boxships for US$18.4 million
  • Congress passes anti-Iran sanctions, but they are not what Trump wants
  • Iran's top shipping line, IRISL, to re-open office in South Africa
  • US manufacturers wants Trump's export bank nominee gone
  • India rejects Pakistan's Afghan offer, opens trade via Iran instead
  • US to impose anti-dumping duties on Chinese aluminum foil
  • Warburg Pincus talks to DP World on selling 31.5pc of Gangavaram Port
  • Teamsters back congressional bill to ban lease-to-own truck contracts
  • Morocco named best connected maritime hub in Africa in UNTAD study
  • Southwest profit up 29.6pc to US$503 million as sales growth slips 2.6pc
  • Qatar Airways appoints WFS as cargo handler for new Pittsburgh service
  • Lufthansa cargo, logistics makes US$24.4 million third quarter profit
  • ACL Airshop lands unit load device deal from Silk Way West Airlines

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Exim Indiaweb site
NOVEMBER 1, 2017
  • Global schedule reliability improves marginally in 2017-Q3
  • Liberia's electronic oil record book scoops up two more innovation awards
  • SCI 'realises aim' to better serve coastal trade from Gujarat to South India
  • Port of Los Angeles has third-largest Sept. on record
  • Tips on preparation & attempting the exam under Regulation 6 of Customs Broker Licensing Regulation 2013
  • Cabinet approves agreement between India & Ethiopia for strengthening & promoting trade & economic cooperation
  • CBDT extends due date for filing Income Tax Returns & Tax Audit Reports
  • India a top improver in World Bank's 'Ease of Doing Business' Report

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International Transport Journalweb site
NOVEMBER 2, 2017
  • Targeting Europe
  • For sale: minority interests in SBB Cargo
  • New rail service from Budapest to Changsha
  • Gebrüder Weiss creates more room
  • Liberian registry pockets award
  • Port of Switzerland sets box record in September
  • CSX operating thermal coal train
  • New salesforce boss for German branch of Geodis
  • New package distribution facility in Colorado
  • CSAV completes purchase of 25% stake in Hapag-Lloyd
  • DHL opens third US air gateway
  • Italy investing in railfreight transport sector
  • Goodman develops new logistics centre in Derby
  • ITS congress 2021 to take place in Hamburg
  • Tailwinds for K Line after first six months of FY/2018
  • Africa's first Dreamliner goes to Ethiopian Airlines

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IHS Maritimeweb site
OCTOBER 31, 2017
  • Dutchman Uytendaal takes helm at European maritime cluster
  • COSCO Shipping targets Yamal LNG with MOL deal and tanker order
  • US Army Corps of Engineers awards its most expensive dredging contract to date
  • Tanker industry still ordering too many ships, warns Euronav
  • Precious Shipping cuts loss, loses arbitration with Taizhou Sanfu
  • Norwegian shipbuilding industry more optimistic as oil price rises
  • IMO on target for April 2018 adoption of emissions reduction strategy
  • COSCO share issue to fund 20 new box ships
  • MPP market struggling with fragmentation
  • Panoil Petroleum under judicial management
  • Quest to make car carriers greener
  • CSIC plans to lower debt through share buyback
  • Profits for Japan's Big Three lines in fiscal half-year
  • Astomos, Elgas to explore LPG bunkers
  • Green light for Korea P&I to insure Hong Kong coastal vessels
  • DSME hits delivery target

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The Loadstarweb site
OCTOBER 31, 2017
  • Russia set to ban Dutch carriers unless ABC's Schiphol slots are returned
  • Port of Los Angeles eyes creation of manufacturing hub for new cargo flows
  • Cosco sails back into the black as rate improvements help boost revenue
  • 'Axe-happy' Boeing rushes to bring back retirees as temps
  • NYK to become 100% owner of Yusen
  • Carriers seriously thinking of taking last-mile deliveries in-house
  • Logistics and the nature of disaster recovery planning

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Marine Logweb site
OCTOBER 31, 2017
  • Virgin Voyages lays keel for first cruise ship
  • Corps of Engineers awards its largest dredging contract ever
  • Horizon Shipbuilding files for bankruptcy protection
  • Foreign content won't affect U.S.-built status of NASSCO ConRo duo
  • MOL uses VR goggles for seafarer safety training
  • Wärtsilä books a hush-hush contract from the Faroe Islands

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Lloyd's Listweb site
OCTOBER 31, 2017
  • Pirates board and rob tanker off Indonesia
    Singapore Strait piracy escalates despite regional efforts
  • Room for a lessor role
    Carrier consolidation may be shrinking the customer pool and enhancing the competition, but the traditional box lessors will always have...
  • Rio Tinto's dwindling African focus is bearish for shipping
    Huge dry bulk volumes that had been expected may not come to fruition
  • China extends global presence with strategic stake in Valencia
    Cosco Shipping Ports seals $224m Noatum Ports deal as JP Morgan scales back its port interests
  • Daily Briefing
    Buy Rickmers, get $200,000 top golf club membership free
  • Euronav expresses worries over newbuildings after third-quarter loss
    Tanker giant hurt by weak spot earnings amid oversupply
  • UK Club to unveil Brexit plans by year end
    Shift of domicile may be one option for P&I insurer
  • Supramax freight rates drop but sentiment remains positive
    Rates may be boosted in coming weeks due to active Australian market
  • Caribbean VLCC rates hold firm on US and Venezuelan exports
    PDVSA scratches by with $842m bond payment as US crude exports on track for fresh monthly high
  • HSH bondholders seek equity swap
    Noteholders controlling $814m of landesbank table offer after HSH receives privatisation bids
  • BIMCO appoints head of comms
    Copenhagen-based industry association seeks a stronger international presence
  • Danaos pessimistic over any recovery in 2018 on tonnage overhang
    Despite conservative outlook, company manages to return to profitability amid improved rates
  • Star Bulk unveils commodities logistics unit
    Logistics arm to help link up origination and destination of dry bulk commodities
  • Classified military vessel data leaked from DSME after 2016 North Korea hack
    Leaked documents contained details of vessels owned by the South Korean government
  • K Line back in the black as global trade recovers
    But shipping line plays it safe by revising results forecasts for the 2017 fiscal year lower amid geopolitical uncertainties
  • Precious Shipping to pay arbitration-related costs to Chinese yard
    Thai dry bulk operator will repay an outstanding $32m loan to Sanfu yard plus simple interest at 6% per annum
  • Weaker Japanese yen and higher bunker prices weigh on MOL results
    Despite lacklustre spot rates, increased backhaul cargo volumes from Europe to Asia helped trim operating losses in boxships
  • NYK raises full-year net profit forecast to $97m as conditions improve
    Japanese giant reports first-half earnings of $55.7m as container shipping business benefits from brisk traffic while dry bulk operations improve...
  • Kuribayashi Steamship to order new ro-ro ship as part of fleet replacement strategy
    The new vessel will replace the 1999-built Shino Maru, which has a capacity of 11,790 tonnes
  • CSET board approves 14-tanker order
    Newbuilds include five very large crude carriers

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The Journal of Commerceweb site
OCTOBER 31, 2017
  • US surface transportation pricing on the rise
  • Congressional bills seek to overhaul US port trucking
  • GE-LA port pilot targets predictive capabilities
  • Strong volumes lift all three Japanese carriers to profit
  • SM Line continues intra-Asia push with joint service
  • Russel A. Graef, president of ContainerPort Group, dies at 70
  • Second contract keeps Charleston's deepening on track
  • Protest stops work on India's Vizhinjam transshipment port

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TradeWindsweb site
OCTOBER 31, 2017
  • Evergreen launches $254m share issue
    Taiwanese container line selling shares to pay off existing debt.
  • Trafigura taking suezmaxes on short-term
    Trading firm goes to frequent strategy of one- to three-month hires as part of latest activity.
  • Rodgers urges owners to drain market of older tankers
    Euronav chief also has direct words for anyone with a hand on the order tap.
  • Silver Star aframax boarded by pirates
    Crewman tied up by armed men who stole engine parts off Indonesia.
  • Scorpio Bulkers sights kamsarmax resale
    New York-listed owner linked to vessel under construction at Yangzijiang.
  • Azuma Shipping logs earnings rise
    Japanese cement carrier company boosted by bigger revenue.
  • Meiji Shipping making more money
    Japanese tanker and bulker owner sees six-month earnings rise on higher revenue.
  • Cosco Energy buys into MOL's Yamal LNG ships
    Chinese state owner reveals gas carrier deal and orders for 14 tankers including four VLCCs.
  • Hoegh LNG shares slide on ExxonMobil move
    Shipowner's stock down over 5% as oil major's exit asks questions of Pakistan project.
  • Precious loses $32m Sanfu claim
    Tribunal rules against Thai owner in row over promised bulker fuel savings.
  • Sanoyas swings back into black
    Sanoyas Holdings returned to the black in the first half of the fiscal year. The Japanese shipbuilder logged a profit of JPY 280m for the period, overturning a loss of JPY 3.2bn at the same stage 12 months ago. Despite the turn around, it is keeping its full-year profit forecast unmoved. It projects a bottom line of JPY 100m, against the JPY 2.4bn loss seen in the previous fiscal year.
  • NS United surges back into black
    Japanese bulker owner profits from rising revenue in first six months.
  • Fjord 1 sets course for Oslo bond market
    Capital markets newcomer is planning to print some more paper.
  • SD raising $24.5m for PSV buys
    Oystein Spetalen company selling stock to existing investors to fund expansion.
  • HHI and HMD beat forecasts amid positive market outlook
    South Korean shipbuilders clock up stronger than forecast third quarter numbers.
  • Euronav: Crude tanker outlook mixed with inflection point unclear
    Paddy Rodgers-led tanker owner says bath can't balance without discipline at both ends.
  • North Korea 'hacked into DSME'
    South Korean politician claims vessel blueprints stolen in cyber attack last year.
  • HSH bondholders propose equity swap
    Holders of $815m of debt could take a chunk of bank in privatisation.
  • Carbon War Room: ominous signs on fuel use
    Director Maurice Meehan says cheaper bunkers could be increasing emissions levels.
  • K Line manages to reverse year ago loss
    Smallest of Japan's big three rides recovery in liner sector, even offshore arm returns to the black.
  • NYK back in the black on lack of writedowns
    Japanese owner sees improved financial performance as two main segments return to profit.
  • MOL sees weaker first half in 2017
    Japanese shipowning giant posts significant improvements in bulker and boxship segments.
  • Panoil Petroleum placed under judicial management
    Bunker supplier, which had licences revoked by MPA, says move is best way to protect firm.
  • Wintermar squeezes out third quarter profit
    Jakarta-based offshore vessel operator turning more positive as domestic market shows signs of life.
  • DeepOcean in hunt for new chief executive
    Chief operating officer Ottar M'land set to fill position temporarily at offshore vessel operator.

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American Shipperweb site
OCTOBER 31, 2017
  • DHL Express opens gateway facility at O'Hare International Airport
    DHL Express has opened a $10 million gateway facility at O'Hare International Airport in Chicago to expand its Midwest operations, the parc...
  • Commentary: 3PL tips to minimize costs, prevent losses during holiday shipping
    With the holiday shipping season nearly upon us, Salt Lake City-based 3PL services provider Unishippers Global Logistics is offering some a...
  • Danaos reports 32% growth in Q3 profits
    Athens-based containership owner Danaos Corp. reported adjusted net income of $30.1 million, or $0.27 per share, for the third quarter of 2...
  • Report: Global cross-border M&A on the rise in Q3 2017
    Cross-border mergers and acquisitions (M&A) grew in major markets during the third quarter of 2017 compared to the previous quarter, de...
  • Port Everett to solicit bids for South Terminal expansion
    The Port of Everett Commission will begin soliciting construction bids for the port's South Terminal Modernization project, the Pacific Nor...
  • Charleston port stays course on dredging
    The U.S. Army Corps of Engineers has awarded a second $213 million contract to Great Lakes Dredge and Dock Co. to carry out the remaining d...
  • Japan's 'Big 3' carriers see revenues skyrocket in first half FY2017
    Japan's three largest ocean shipping companies - Nippon Yusen Kabushiki Kaisha (NYK Line), Mitsui O.S.K. Lines, Ltd. (MOL) and Kawasaki Kis...

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The Bunker Bulletinweb site
OCTOBER 31, 2017
  • Oil rise before expected draw in US crude, product stocks
    NYMEX December crude touched $54.46/b Monday, and topped that mark Tuesday hitting $54.58/b.
  • TENDER DATA: S Korea's Hyundai Oilbank seeks term bunker fuel for Jan-Dec 2018
    380 CST bunker fuel and 180 CST bunker fuel, delivery to Singapore.
  • NWE bunker fuel hits 28-month high on strengthening crude: traders
    Bunker fuel prices for vessels loading in the Northwest European ports of Hamburg and Rotterdam reached 28-month highs Monday, tracking strengthening Brent crude prices.
  • Aegean says Singapore office 'scaled down,' weighs license as bunker supplier
    "It's impossible to make money in this market, Singapore is incredibly competitive," company President Jonathan Mcilroy said.
  • External: Wired Bunkering
  • Japan's Sojitz buys stake in Spanish LNG terminal, plans to offer bunkering
    Reganosa plans to use the terminal as an LNG bunkering station for ships using LNG as a marine fuel.
  • FUTURES: Oil elevated on cut extension; Brent/WTI nears 2-year peak

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