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22 November 2017 The on-line newspaper devoted to the world of transports 08:36 GMT+1




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Sched Netweb site
NOVEMBER 9, 2017
  • Maersk Line back in black, but APMT and Damco lag and drag
  • CMA CGM ups Asia rates to Europe, Africa, South America November 15.
  • CMA CGM first to power its future 22,000-TEUers with LNG engines
  • PIL takes in two 11,800-TEU newbuilds for a China-Long Beach shuttle
  • Cosco on cusp of displacing CMA CGM as No 3 carrier in world league tables
  • Cosco Shipping Ports signs container freight station deal in Abu Dhabi
  • Carrier bulk slot sales to co-loaders said to undermine contract rates
  • Hutchison Ports officially opens new terminal at Saqr, UAE
  • Cosco to build mega container freight station at Khalifa port, UAE
  • Dachser relocates Chennai branch to KRM Plaza to fuel growth
  • Bigger Asia-Europe box ships stoke fears of low freight rates to come
  • Questions remain whether intra-Asia carriers can profit from volume
  • South American recovery evident as fruit export season dawns: Drewry
  • Americans to allow Chinese aviation sales of aircraft and parts in US
  • Sheremetyevo airport cargo volume grows 40pc from January-September
  • Finnair joins JD Travel to tap China's burgeoning overseas market
  • Avolon forecasts 43,000 new aircraft by 2036, doubling world fleet

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Exim Indiaweb site
NOVEMBER 8, 2017
  • APL enhancing Asia-India Subcontinent services
  • Container tonnage & tax havens
  • MOL using Artificial Intelligence to estimate vessel speed & fuel consumption at sea
  • Engineering exports surge
  • Adani Hazira Container Terminal registers highest monthly throughput
  • DP World's Anil Wats passes away
  • BLR moves to new Corporate Office
  • Coal India launches app to benefit customers lifting coal through road mode
  • Indian businesses urged to take advantage of FEZs in Uzbekistan

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International Transport Journalweb site
NOVEMBER 9, 2017
  • Investing in rail infrastructure improvements
  • Imperial sells chemical service provider Schirm
  • New express services for parcels and full loads
  • Turkish Cargo: certificates and Buckingham signature
  • Berlin heading Imperial's liquid business unit
  • New Bremenports quay inaugurated
  • 4flow opens another office in China
  • Logisticians and operators team up for digitalisation
  • Black and white amid autumn's glowing colours
  • Kalmar's new SVP for global terminal operators
  • 2017 figures rising further for ICTSI
  • Danone Waters develops partnership with Geodis
  • AAT starts cargo handling for 2.5 new clients
  • First heavy haul train from Hungary to Italy
  • CMA CGM banking on alternative fuels
  • Jonathan Clark new AMI CEO

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IHS Maritimeweb site
NOVEMBER 8, 2017
  • Safety database seeks strong incident reporting
  • CMA CGM chooses Chinese engines for LNG-powered giant box ships
  • China approves Maersk's Hamburg Süd deal
  • WWL reports strong 3Q17 profit but remains cautious on outlook
  • DSME still in the black
  • China COSCO Shipping to build logistics park in Egypt
  • SM Line completes maiden blockchain voyage
  • Supramax chartering slows as China tightens coal imports
  • DSME may build a dozen mega container ships for HMM
  • Sinokor scraps Capesize as prices turn

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The Loadstarweb site
NOVEMBER 8, 2017
  • A new future for logistics as e-commerce brings the era of the FCL to an end
  • Latest newbuild ULCVs could be even bigger: introducing the Megamax-24
  • Strong demand and rising yields, but Atlas and ATSG both report losses in Q3
  • Expeditors price-push pays off as Q3 results reflect improved margins
  • Incentives to use Miami a bid to attract more cargo after 'tradelanes flatline'
  • How blockchain works and why it matters
  • How to get your supply chain on the front foot amid Brexit
  • A coup for SEKO as Chris Cargill comes in to lead UK development
  • Carole Walker appointed CEO of Hermes Europe

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Marine Logweb site
NOVEMBER 8, 2017
  • LNG carrier to be converted to LNG bunkering vessel for Shell
  • GTT will design cryogenic tanks for LNG fueled CMA CGM box ships
  • Gondan wins contract for powerful icebreaking escort tug
  • Safe Bulkers will install Erma First BWTS fleetwide
  • Jeffboat plans to lay off 278 workers
  • Royal Caribbean to pilot cruise ship fuel cell system
  • Ingalls acquires intelligent Pemamek welding automation systems
  • Latest FORAN build includes major upgrades
  • Carnival and Shell ink North American LNG fuel supply agreement
  • Gibbs & Cox to offer OSD-IMT designs in U.S. market

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Lloyd's Listweb site
NOVEMBER 8, 2017
  • Wilbur Ross sells nearly all Navigator shares
    US Commerce Secretary has reportedly fully divested from Diamond S, having come under fire for holding on to his shipping...
  • Singapore bunkers suppliers face hard choices in a harsher market
    Shipowners expect consolidation to create stronger counterparties as bunkering volumes are growing, but shifting market dynamics are forcing suppliers to...
  • Don't play games with seafarer training
    A worrying move to use virtual reality 'gamification' in training crew cannot replace old-fashioned hands-on experience at sea
  • Has the shipping industry reached an LNG landmark?
    CMA CGM's new LNG-fuelled ships could prove to be a turning point for green energy use in shipping
  • Saudi crown prince is the biggest bear this winter
    The policies of Mohammed bin Salman deal double blows of rising oil prices and reduced cargo supply
  • Six-month recovery time for Maersk after cyber attack
    Normal operations should be resumed in the first quarter of 2018 as Maersk deals with the tail of the devastating...
  • DSME stays profitable in the third quarter
    Shipbuilder posts a $41.9m net profit for the third quarter ended September 30
  • Shell inks bunker barge charter deal with Q-LNG Transport
    Barge will supply fuel to marine clients including Carnival Cruise Line along ports on the southern east coast of the US
  • Dandong default demonstrates why it's still too risky to be a private player in China's port sector
    Asset-heavy industry, which requires massive long-term investment, is perhaps safer in state-owned hands
  • CSSC offers lease financing to Dynagas for two FSRUs
    Dynagas booked the regasification vessels at China's Hudong-Zhonghua Shipbuilding last year
  • DP World to develop economic zone in Egypt
    Project is part of the Egyptian government's plan to develop the Suez Canal Corridor
  • Daily Briefing
    Don't worry, the container recovery is still coming says Maersk
  • Korea and Japan to hold biannual meetings to bolster their shipbuilding industries
    Topics discussed during the first meeting included vessel oversupply and government-backed subsidies
  • Dry bulk freight rates to improve from second quarter of 2018, says Drewry
    Growing iron ore demand to drive the rate recovery
  • ICTSI nine-month revenues rise 10% amid stronger contributions from terminals
    Total box volumes rise 6% year-on-year to 6.8m teu
  • One-off gains from merger deal boost WWL results
    But seasonal slowdown weighs on ocean operations total income
  • Trump's LNG ambitions could boost long-haul tanker trades
    Washington has been pushing for more US energy exports to narrow its trade deficit
  • Korea's SPP Shipbuilding to undergo financial assessment in search for new owner
    Company to partner Samil Pwc in analysing and documenting its condition
  • Maersk wins regulatory approval from China for Hamburg Süd takeover
    Pending approvals could be received as early as the end of November
  • Bunker supplier Aegean Marine warns of $3.4m-$4.4m loss for third quarter
    Loss attributed to continuing challenging market conditions, which led to decision to exit physical supply business in Singapore

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The Journal of Commerceweb site
NOVEMBER 8, 2017
  • Court rules against ILWU in Portland slowdown case
  • ILA, USMX to discuss multiyear contract extension
  • China OKs Maersk acquisition of Hamburg Süd
  • Trans-Atlantic trade growth keeps pace with global trend
  • Cosco closes on $42 million Zeebrugge port deal
  • Indian efforts to cut dwell times at major ports struggle
  • Atlas Air: Strong end to the year will extend into 2018
  • Shipping Corp. of India stuck in the red
  • CBRE: E-commerce's warehousing impact will survive recession
  • JD.com commits to $1.2 billion in meat imports from US

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TradeWindsweb site
NOVEMBER 8, 2017
  • China heats up 'teapot' crude import quotas
    Preliminary allotment suggests more upside in Far East tanker demand if refineries use full amount.
  • Navios Containers seals $50m equity raise
    Oslo-listed boxship owner raises cash in private placement to fund acquisitions
  • Pioneer narrows losses as market rises
    Singapore-based bulker owner sees higher revenue while viewing 'optimistic growth prospects' for next quarter.
  • China's coal moves chill supramax rates
    Drop in imports into world's large coal consumer signals China's desire to keep grip on coal markets.
  • Engie and Total reach deal on LNG assets sale
    Agreement will see up to 12 LNG carriers and Gazocean subsidiary switched to energy major
  • Marinakis expects quick, full exoneration from Greek courts
    Greek ship and football club owner dismisses match fixing charges, vacates Olympiakos FC chair until cleared.
  • Carnival signs US cruiseship LNG fuelling deal with Shell
    Newly unveiled bunker barge to supply cruiseship behemoths from 2020
  • Maersk looks beyond cyber-attack as fresh contours of shipping giant emerge
    Vincent Clerc says situation should return to normal next year with global economy supporting market.
  • Jeffboat to lay off 278 staff
    US shipyard says permanent redundancies are response to fall in demand.
  • China signs off on Maersk Line takeover of Hamburg Sud
    Beijing backing comes with certain conditions but looks to be final high hurdle to deal.
  • OSV owners urged to take 'oath of consolidation'
    Clarksons Platou draws on history to reveal blueprint to boost beleaguered sector.
  • Crew to be paid after PSV sold
    Buyer finally found for arrested Malaviya Seven in Aberdeen.
  • Thoresen tipped to connect four with latest supramax
    Brokers connect the Thai owner with the addition of second-hand bulker.
  • Greek owner circulates VLCC for sale
    Move by Andriaki comes after the ship rolled off a profitable time-charter.
  • Officers arrested after MSC master death
    Ukrainians suspected of killing captain and dumping his body in sea off Italy.
  • First Ship Lease sights still on refinancing
    Roger Woods says finance deal a priority as company logs third quarter loss.
  • Big cruiseships banned from Venice
    Italian authorities keeping vessels of more than 100,000 gt away from historic centre.
  • Forbes boots Wilbur Ross from billionaire's list
    Fresh round of headlines follows for businessman as financial magazine hunts missing $2bn.
  • Marinakis to be tried for match-fixing in Greece
    Greek owner amid 28 defendants in football probe, but cleared over far more serious charges.
  • Food tycoon to take over Marco Polo
    David Teo pumping in cash as part of restructuring Singapore OSV owner's $44m share issue.
  • Toei Reefer Line being taken private
    Japanese owner is the subject of $29m management buyout.
  • Shell confirms LNG carrier-to-bunker vessel conversion
    Anthony Veder vessel to be modified as major adds fourth unit to its LNG bunkering stable
  • DSME extends profitable run
    South Korean shipbuilder continues turn around with third profitable quarter in a row.
  • Wallenius Wilhelmsen shares spike on 'knockout quarter'
    Stock climbs by over 10% following strong quarterly results from Oslo-listed firm.
  • Wilson makes it back into black
    Oslo-listed mini-bulker owner boosted by higher rates towards end of third quarter.
  • Wilbur Ross sells Diamond S stake
    Commerce department spokesman says US secretary of commerce has 'fully divested' holding.
  • UK supreme court backs German owner in ransom case
    Judges rule cargo owner Mitsui & Co should share costs of pirate negotiations that saved $4.15m after LPG carrier was hijacked in 2009.
  • Samsung Heavy to ride offshore recovery
    Healthy balance sheet and proven execution track record to stand it in good stead against rivals, says Nomura.
  • EIA: US distillate exports on the rise
    But most extra cargoes are travelling shorter distances to markets in South and Central America.

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American Shipperweb site
NOVEMBER 8, 2017
  • North American freight market continues strong growth in September
    The North American freight market showed continued strong volumes and stronger pricing in September 2017, with shipments increasing 3.2 per...
  • FMCSA shuts down Georgia trucking company after fatal collision
    A Decatur, Ga.-based freight shipping and trucking company has been ordered by the Federal Motor Carrier Safety Administration (FMCSA) to c...
  • Amazon to open fourth fulfillment center in Maryland
    Amazon.com, Inc. will open its fourth Maryland fulfillment facility in Baltimore's Sparrows Point industrial complex, the e-commerce giant ...
  • Great Lakes iron ore shipments surge in September
    A total of 6.5 million tons or iron ore were shipped on the Great Lakes and St. Lawrence Seaway in September, an increase of 23.4 percent c...
  • Sensitech: U.S. cargo thefts up in volume, down in value in Q3 2017
    A total of 160 thefts of cargo occurred in the United States during the third quarter of the year, with 57 of the incidents occurring in Ju...
  • Heathrow Airport struggles with increasing cargo congestion, delays
    London's Heathrow Airport has long struggled with cargo congestion and delays, but the industry is now calling for a solution "as a matter ...
  • CBP turns up spotlight on forced labor in supply chains
    U.S. Customs and Border Protection has stepped up its industry outreach to ensure that the country's importers aren't running afoul of leg...
  • PIL's new 11,800-TEU vessels boost capacity on transpacific loop
    Pacific International Lines (PIL) Group on Oct. 26 took delivery of two new 11,800-TEU containerships, both of which are slated to join the...
  • Customs brokers urge Congress to renew GSP before expiration
    The National Customs Brokers and Forwarders Association of America (NCBFAA) is urging Capitol Hill lawmakers to renew a trade preference pr...

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The Bunker Bulletinweb site
NOVEMBER 8, 2017
  • PDVSA in talks with Russian, Chinese companies on $1.1 billion plan to repair Venezuela's refineries
    Venezuela's state-owned PDVSA is negotiating with Russian and Chinese companies to finance $1.1 billion in repairs.
  • New Nigerian fuel import terminal opens off Lagos: OVH Energy
    OVH Energy Tuesday launched a new fuel import terminal offshore Lagos, with capacity to berth medium range tankers that could ease a bottleneck for private importers in discharging products.
  • OPEC Pumps 32.57 mil b/d in Oct, down 90,000 b/d from Sep
    OPEC oil output in October fell 90,000 b/d from the previous month as declines were observed in six member countries, an S&P Global Platts survey of OPEC and oil industry officials and analysts showed Wednesday.
  • EIA says USAC fuel oil stocks at lowest since February 2014
    US Atlantic Coast fuel oil stocks for the week ended Friday reached their lowest levels in more than three years, US Energy Information Administration data showed Wednesday.
  • NYMEX crack spreads rising on gasoline, distillate draws
    NYMEX product cracks were higher Wednesday after the US Energy Information Administration showed larger-than-expected draws in gasoline and distillates, while crude inventories at Cushing, Oklahoma continued to grow.
  • BP adds bunker barge to Richards Bay operation
    BP has added a new bunkering vessel to its physical supply operation at the South African port of Richards Bay, the company said.
  • External: Wired Bunkering
  • Aegean plans further cost cuts after exiting Singapore physical market
    "We believe there remains further opportunity to cut costs across our network."
  • FUTURES: Crude falls despite risk premium from Saudi tension
  • Kuwait looking at fuel oil imports from 2019 to cope with refinery delays
    Despite spending nearly $30 billion on downstream projects in the last few years, Kuwait will become a major importer of fuel oil from 2019, while it waits for construction of its new 615,000 b/d Al-Zour refinery to be completed, market sources said Wednesday.




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