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22 November 2017 The on-line newspaper devoted to the world of transports 08:38 GMT+1




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Sched Netweb site
OCTOBER 16, 2017
  • Asia-Europe rate falls 3.9pc to US$686/TEU, off 9.5pc to USWC
  • LA hit by China anti-waste paper policy as empties drive 22pc growth
  • Maersk: Full operations remain suspended at Durban port
  • CMA CGM hikes Asia-West Africa rate US$250/TEU November 15
  • Hapag-Lloyd imposes Hong Kong late bill of lading pickup fee
  • Singapore GDP up 6.3pc in third quarter, looks to 2.5pc full year
  • CMA CGM opens 20,000 square metres of warehousing in Lebanon
  • First half volume at Mumbai's JNPT rises 6.3pc to 2.4 million TEU
  • ICTSI's Manila achieves record berth productivity in August and September
  • Contship Italia's La Spezia terminal reaches one million TEU milestone
  • Two small box ships are converted to move wind power units for Siemens
  • Joint US-Mexican border inspections to accelerate cargo flow at Otay Mesa
  • Goldman's look-on-the-bright-side call has Cathay stock soaring
  • Bumped from Amsterdam over slots, SIA Cargo moves to Brussels
  • FedEx to double air cargo unit at Incheon airport to meet demand
  • Dansk Bank cargo index show European air freight volumes picking up
  • Oman Air Cargo signs with Jettainer for ULD management

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Exim Indiaweb site
OCTOBER 15, 2017
  • Baltic Dry Index up 27 points
  • Changes made in GST rate structure for petroleum & oil sector
  • IWAI raises INR 660 cr. through bonds
  • MSC receives UN award for electronic data exchange
  • Massive surge in oilmeal exports
  • Adani Mundra Port successfully handles diesel locomotive of GE for Indian Railways
  • All of Essar Ports' facilities register healthy cargo handling growth in H1
  • Deendayal Port reduces handling cost per tonne in H1
  • Paradip Port allows handling of iron ore pellets through MCHP
  • Box trains could boost Indo-Bangladesh trade
  • Flying Trade, in association with Mentfield, Hind Terminals, SC, Innovative B2B Logistics & Air Messageries, successfully despatches block train from ICD Kanech to Mundra
  • India seeks ship engine makers to modify & manufacture bio-fuel compliant engines: Nitin Gadkari
  • UK freight forwarders urged to comment on likely post-Brexit skills gaps
  • Exports on a roll, sees 26 pc surge in Sept.
  • Exports on course to touch $ 310 bn this fiscal as manufacturing sector rebounds, says FIEO President
  • GST refund to be given to exporters in their bank accounts filed with Customs

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International Transport Journalweb site
OCTOBER 16, 2017
  • A mature market
  • Prima E locomotive production starts in India
  • Aviation expert reinforces DS Aviation
  • Loxx sets off to Norway
  • Finnish Post to depend on bioethanol trucks
  • Denmark's new port in Kalundborg on its way
  • New ocean products VP at Crane Worldwide
  • Hyldahn to serve Shipserv in Copenhagen
  • Panattoni creates logistics centre for automotive supplier
  • Loubinoux on board for sustainable global transport
  • UK: another record investment in rail infrastructure
  • ICTSI's flagship in good shape
  • Klog celebrating fifth anniversary
  • Milestone reached on way to Rail Baltica corridor
  • New aircraft stands in Zurich's zone west
  • Q3 figures favourable for Tanger Med
  • Icao lifts Thailand's safety concern after auditor visit

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IHS Maritimeweb site
OCTOBER 13, 2017
  • Lower crude inventories present mixed fortunes for tankers
  • CSC Phoenix issues profit alert, although restructuring plans remain unclear
  • HMM to sell shares to raise USD614 milliion for newbuilding orders
  • Eleven missing after nickel ore-laden bulker sinks
  • Japanese shipbuilders assess fallout from Kobe Steel scandal
  • Seventy vessels needed to reopen Gunsan yard, says Hyundai HI vice-chairman
  • Pacific Basin: Surplus capacity can come from higher speeds

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The Loadstarweb site
OCTOBER 13, 2017
  • Uli Ogiermann quits Qatar for return to Europe
  • Gloomy outlook for liner shipping as container rates continue to slide
  • China Southern and Air France KLM get closer with new cargo network links
  • Air cargo must innovate and co-operate to fly in today's digital landscape
  • Wider distribution of car factories leading to car-carrier vessel overcapacity
  • Analysis: is FedEx planning to put its stamp on a vulnerable Royal Mail?

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Marine Logweb site
OCTOBER 13, 2017
  • AFL-CIO to Senators: Jones Act not the problem in Puerto Rico
  • Sirius Shipping invests in SKF online status monitoring
  • Barge ferry starts operations in Canada's Northwest Territories
  • Vard to continue negotiations for Norwegian Coast Guard trio
  • Viking orders seven more river cruise ships at Neptun Werft
  • VIDEO: World first conversion takes LNG-fueled OSV hybrid

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Lloyd's Listweb site
OCTOBER 13, 2017
  • Job cuts but no mass lay-offs as Hamburg Süd prepares for Maersk takeover
    Maersk is expected to complete its acquisition of Hamburg Süd by the end of the year but the German line is...
  • Half of BWM system manufacturers will not survive
    Owners will suffer if they choose the wrong system, warns Coldharbour Marine chief
  • Up to 14 seafarers missing after Emerald Star sinks with Indonesian nickel ore cargo
    Call for prompt investigation into latest alleged liquefaction loss
  • Liquid lunch could be best way to handle $1m arbitration claims, top lawyers warn
    Legal fees and other expenses eat up potential gains
  • Carriers and shippers at odds over recovery
    Volumes may be up but overcapacity will keep pressure on rates
  • VLGC earnings up 16% in a week as winter demand kicks in
    Bullish owners remain overshadowed by oversupply
  • US west coast ports report record peak season
    But little joy for carriers as volumes fail to raise rates
  • Beyond the obvious: Why accidents really happen
    An understanding of the cultural issues that lie behind accidents and incidents is the first step towards finding a solution
  • Daily Briefing
    Singapore's MPA has revoked licences of two more bunker suppliers
  • Asean looks to enhance regional land, air and sea links
    Regional bloc pushes ahead with Asean Single Aviation and Shipping Markets initiatives
  • DSME criticised for discriminating against job seekers from less prestigious universities
    Job applicants not considered for certain departments based on their alma mater
  • Inland Waterways Authority of India raises $102m from bond issue
    Proceeds to be used to fund authority's infrastructure projects
  • Georgia Ports Authority unveils $128m rail project
    Track additions at Savannah terminal will allow port authorities to handle longer cargo trains
  • Fleetscape raises up to $400m
    Oaktree-launched shipping debt vehicle's successful fund raising comes as commercial banks continue to pull out of the maritime space
  • Sowing the seeds of destruction
    Have carriers learned the lessons of the past, or will history repeat?
  • Three equity analysts walk into a bar
    Familiar shipping analysts topped the ranks of this year's Institutional Investor magazine

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The Journal of Commerceweb site
OCTOBER 13, 2017
  • Shippers, Amazon pushing supply chain toward automation
  • Freight surge raises revenue, and costs, for J.B. Hunt
  • Savannah seeks to expand e-commerce, intermodal rail
  • Japan container trade outlook upgraded for third time
  • Slow season lives up to name as east-west spot rates tumble

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TradeWindsweb site
OCTOBER 13, 2017
  • Geden wins claim for Glencore ship's cargo
    Protracted battle over busted charterparty now sees Turkish owner file claim on Glencore-controlled cargo.
  • Vard stays on hunt for Coast Guard contract
    Singapore-listed shipyard remains contender in fleet renewal project for Norwegian Coast Guard.
  • Pantheon Tankers and Csoco catch rising VLCC tide
    Owners in the right place as tanker rates move upwards into the weekend.
  • Hornbeck, creditors at odds on debt swap
    US offshore vessel owner floats proposal to swap out near-term notes, but creditors offer their own plans.
  • Roy Mosvold makes play for capesize newbuildings in China
    Shipowner confirms project that takes over existing berths at Yangzijiang.
  • US charters Carnival ship for disaster work
    Emergency agency FEMA books Fascination for four months in Caribbean.
  • Viking back at Neptun for cruiseships
    Torstein Hagen company adds seven river vessels to orderbook in Germany.
  • Seamec fixes OSV at $29,600 per day
    Indian owner making $296,000 over 10 days with 1983-built ship.
  • Damaged tanker limps back to Malta
    Goeast reappears on radar after reports it was sunk by Libyan coastguard.
  • Sirius invests in online monitoring
    Swedish tanker owner fitting SKF systems across its fleet.
  • Golar gains ground as Hilli Episeyo gets going
    Shares nudge upwards as company ticks a box with FLNG unit bound for Cameroon.
  • First attempt to refloat Kea Trader fails
    Scrapping voyage on hold for now as grounded Lomar boxship remains stuck on reef.
  • Zuyderzee brings in ABN AMRO fixer
    Dutch shipping investment house adds Hank Detailleur as new managing partner.
  • HMM raising $614m for ship buys
    Korean owner lines up share issue for vessel and terminal investments.
  • Vinalines emerges from bankruptcy
    Vietnamese state shipowner has positive equity once more after paying off nearly all debt.
  • Walkers yard clinches ADB loan
    Sri Lankan shipbuilder banking $4m to help set up shiprepair facility.
  • ABG Shipyard loses OSV fleet licence
    Struggling Indian yard's three vessels unable to trade after government revokes compliance document.
  • Hunt for 14 missing crew underway after nickel ore ship sinks
    Lethal cargo looks to have claimed another bulker reportedly lost in Philippines Sea.
  • Varun ships banned from UAE ports
    Middle East nation runs out of patience with shipowner's repeated cases of seafarer abandonment.
  • CMA CGM upgraded at Standard & Poor's
    Ratings agency highlights improved operating and financial performance at French liner giant.
  • Robbers target Scorpio bulker off Vietnam
    Modern ultramax vessel sees ship stores and crew's personal belongings stolen

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American Shipperweb site
OCTOBER 13, 2017
  • CSX battles it out with shippers at STB hearing
    CSX President and CEO E. Hunter Harrison said at a hearing Wednesday that trains are running faster, cars are spending less time in yards, a...
  • Drewry: World Container Index down 1% this week
    The World Container Index, a composite of container freight rates on eight major routes to and from the United States, Europe and Asia, fel...
  • Port of Oakland grows operating income, revenues in FY 2017
    The Port of Oakland recorded an operating income of $63.7 million for fiscal year 2017, which ended June 30, a 20.6 percent jump from the p...
  • Maersk vessel 'may have been' involved in collision outside Taizhou
    A Maersk Line vessel, the Maersk Enshi , "may have been" involved in a collision outside Taizhou, China, according to an emailed advisory f...
  • Virgin Group invests in Hyperloop One for cargo, passenger transport
    Virgin Group has invested in Hyperloop One, the world's fastest train service for cargo and passengers, and renamed the company Virgin Hype...
  • UPS invests in Chinese shipping, delivery operations
    UPS has increased its investment in the Chinese market through enhanced services in 20 Chinese cities, the parcel carrier announced Tuesday...
  • NYSEX touts 99.6% fulfillment rate for ocean contracts
    Gordon Downes, CEO of New York Shipping Exchange (NYSHEX), went on CNBC on Tuesday to share the ocean shipping contract fulfillment success...
  • Diana Shipping selling vessel that ran aground for $2.5m
    Barely a week after it agreed to sell up to seven of its ships for a total purchase price of over $100 million, Athens-based shipping compa...
  • Port of Los Angeles grows monthly, quarterly TEU volumes
    More than 763,00 TEUs moved through the Port of Los Angeles last month, marking the third-largest September on record in terms of container...

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The Bunker Bulletinweb site
OCTOBER 13, 2017
  • Iraq says Total, PetroChina interested in Nassiriya oil field project
    Both French major Total and PetroChina, a unit of China National Petroleum Corp., are keen to invest in Iraq's Nassiriya oil field and refinery project, the Oil Ministry said in two separate statements Friday following meetings in Baghdad.
  • US, European regulators try to ease market angst over swaps rules
    US and European regulators said Friday they have agreed on a common approach for certain margin requirements for the swaps markets, which they expect will provide cross-border certainty to energy companies and financial institutions looking for safeguards and a level playing field for the potentially risky transactions.
  • Third-quarter upstream calls likely to offer glimpses into 2018
    As the third-quarter earnings call season approaches, following three months of volatile oil prices and weather-related downtimes, US upstream oil executives will almost certainly be asked to clarify their companies' 2018 capital budgets, production goals and possible operational setbacks.
  • Crude futures rise amid questions over Iranian nuclear deal
    Crude futures ticked higher Friday, but pared those increases in the afternoon when US President Donald Trump denounced the 2015 Iran nuclear deal and outlined his next steps in dealing with the Iranian regime.
  • Trump blasts Iran but pushes Congress to fix, stay in nuclear deal
    US President Donald Trump has essentially kicked the fate of the Iran nuclear deal to Congress, urging lawmakers to stay in the agreement but to impose new triggers that would automatically snap US sanctions back into place based on Tehran's actions.
  • Hamburg bunker buyers undeterred by 1.4% tariff increase for 2018
    Hamburg bunker fuel buyers expressed confidence Friday that the 1.4% tariff increase for next year will not push their business away from the port.
  • Tanker backlog at Black Sea port Novorossiisk expected to clear soon
    The backlog of tankers at Russia's Black Sea port of Novorossiisk after weather-related disruptions is expected to clear over the weekend and early next week, sources said Friday.
  • European HSFO market turns to blending on lack of on-spec RMG 380
    The backwardated 3.5% HSFO barge market is suffering from a tight fuel oil complex throughout Europe but particularly in the Mediterranean.
  • External: Wired Bunkering
  • Dry bulk Supramax vessel with nickel ore cargo sinks near the Philippines
    A Supramax-class dry bulk vessel carrying nickel ore sank Friday morning near the Philippines, according to freight market sources.
  • FUTURES: Crude continues moving up amid short covering
  • SUBSCRIBER NOTE: Platts to launch new Ultramax, Supramax, Post-Panamax voyage assessments
  • Technology company Alfa Laval adds to ballast water treatment system portfolio
    "Alfa Laval PureBallast 3.1 Compact Flex is economical, both in its use of space and in its installation," Lindmark said.
  • Global oil surplus is much smaller than IEA estimates: PIRA
    "My point is that there is nothing like a 170 million-barrel surplus in OECD. There is no more than 50 million barrels," Ross said.




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