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24 September 2018 The on-line newspaper devoted to the world of transports 14:33 GMT+2

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Sched Netweb site
OCTOBER 17, 2017
  • Oregon governor urges Asian shipping executives to use Port of Portland
  • Incheon box volume up 16pc in August to record 254,000 TEU
  • Port of Virginia ready to accept reefer imports from S America
  • Russia box operator to exploit 'Belt and Road' from Shanghai
  • CMA CGM's Indian Ocean Feeder 4 boosts north Madagasar coverage
  • Hong Kong to Vietnam 2-day yacht race kicks off today
  • IRI appoints technical officer for its Imabari, Japan office
  • Transport and logistics has a vital role in age of digital platforms: Silk Way head
  • China Southern, Air France-KLM cooperate to boost cargo services
  • Freight forwarders still have a role to play in changing air cargo landscape
  • Concerns over public safety and security leave FAA's panel split on how to track drones

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Exim Indiaweb site
OCTOBER 16, 2017
  • ...opens 20,000 m2 logistics storehouse in Bekaa valley, Lebanon
  • Asia-North Europe box volumes poised for high in 2017
  • Cabinet approves IALA to change its status from non-governmental organisation to inter-governmental organisation
  • CMA CGM to launch Indian Ocean Feeder 4
  • HMM President highlights importance of preparation for environmental regulations to come
  • MOL adds to LNG vessel fleet
  • MOL's energy-efficient propeller wins award
  • MSC hosts more than1,000 client discussions at Expoalimentaria
  • Persisting industry challenges remain at the top of the INTERCARGO agenda
  • Rickmers-Line & RZ Carrier certified according to latest ISO standards
  • ZIM Seven Star Express Service to add Kaohsiung call
  • Antwerp first port in Europe to implement 'Zero Pellet Loss'
  • Container volume growth at non-major ports posts significantly higher CAGR compared to Major Ports, says research note
  • Futuristic quay cranes at NSIGT set record for loading longest cargo
  • IATA & WCO collaborate to improve air cargo efficiency & security
  • India initiates implementation process for BBIN Motor Vehicles Agreement
  • Indian economy on solid growth track, says IMF chief
  • Out of ordinary steps seen needed to revive economy
  • Slowdown effect of demonetisation & GST has more or less played out, says Jaitley

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International Transport Journalweb site
OCTOBER 17, 2017
  • 26 million hazardous containers
  • 940 million t of freight
  • New direct train between Italy and Norway
  • New Rhenus logistics warehouse in Meerane
  • Latam Cargo flies South African alligators to Florida
  • Gavarone leads Confitarma's youth
  • Taiwan added to Zim's Z7S loop
  • Increased frequencies for Moselle Express
  • Test fleet of autonomous delivery vehicles
  • LA cargo surge backed by empty boxes
  • Silk Way West crosses the Pacific Ocean
  • New marine terminals director for Longview
  • New train in Italy
  • B&H Worldwide joins WCA's time-critical network
  • Leading global cargo airport still on the rise
  • New rotation for Arkas Line's IAS
  • Houston airports operator names CTO

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IHS Maritimeweb site
OCTOBER 16, 2017
  • K+N keeps mopping up market share
  • Crude tanker market fundamentals improve towards 2018
  • Coastguard seeks further remand for suspects in STX O&S blast
  • DSME develops LNG tank for bulk carrier
  • HHIC sells stake in energy affiliate

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The Loadstarweb site
OCTOBER 16, 2017
  • K+N gets back to profit growth, but to hit 2017 targets, it must do better in Q4
  • Cogoport brings new transparency to ocean freight bookings in India
  • Which emerging markets offer the best logistics opportunities?
  • Going digital: 'it will get harder and costlier the longer air cargo leaves it'
  • Delivery by rocket could change the game for UPS and FedEx
  • Quit Weining, you're a species bound for extinction

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Marine Logweb site
OCTOBER 16, 2017
  • DNV GL to roll-out e-certificates across entire fleet
  • Davie launches Resolve class naval support vessel
  • Seven injured, one missing in platform explosion
  • Damen-built dredge makes debut in Australia
  • Larry Rigdon named Tidewater interim CEO and President
  • Tech problems see Viking pull Incat off Tallin-Helsinki run early
  • PSV damaged after colliding with legs of jack-up
  • New York Cruise Lines names Craig Kanarick CEO
  • Tall ship grounds after losing power
  • VIDEO: Metal Shark delivers first two Potomac Riverboat cats

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Lloyd's Listweb site
OCTOBER 16, 2017
  • Cows might fly: Jones Act is hurting US shipping
    But sadly, legislation looks set to stay on the books
  • VLCC earnings rise above $30,000 per day with further upside expected
    Aframax earnings also more than double for winter demand in broad market gains
  • Moderate rise in steel demand in 2018 could support bulker demand
    Growth is seen in countries other than China, says World Steel Association
  • Kuehne+Nagel maintain growth momentum
    Seafreight makes notable contribution to freight forwarders' bottom line in the first three quarters of 2017
  • Container carriers see reversal of bunker costs and terminal fees
    Port bills rise to over 40% of operational costs while fuel tumbles to just over 10%, says SeaIntel
  • Vehicle carrier fleet to rebound
    With a healthy orderbook and limited scrapping expected through to 2020, the car carrier fleet will only expand, says Dynamar
  • BW Group computers hit by cyber attack in July
    The company has worked with external consultants to fortify cybersecurity infrastructure
  • Daily Briefing
    Liquid lunch could be best way to handle $1m arbitration claims, top lawyers warn
  • CIMC expects to be back in the black with container shipping's recovery
    Group's road transportation vehicle business adds to revenue as China's anti-overloading policy increases demand for trucks
  • Handysize index climbs to over three-year high
    Chinese coal demand to support freight rates in the final quarter
  • Ocean Rig adds $20m to contract backlog with two deals
    Statoil contract to start in the first quarter of 2018
  • Qingdao Port International looks to raise $1.3bn from Shanghai IPO
    Group's share price in Hong Kong hit a 12-month high on the news
  • Unions and maritime university call on US lawmakers to keep Jones Act intact
    Repealing the act would mean US vessels or crews may not be available in times of national crisis, says AFL-CIO
  • HMM to raise $620m through new share offering
    Proceeds to be used to acquire new containers and terminals - and possibly new vessels
  • Moody's raises CMA CGM outlook to positive from stable
    Shipping line has capitalised quickly on the recovering container market
  • Antigua and Barbuda starts maritime single window project
    Project on notifications for vessel port calls facilitated by the International Maritime Organization's technical co-operation programme
  • Japan's shipbuilders in the clear over Kobe Steel scandal, says government
    Some 'problematic' materials had been used to produce turbocharger impellers for engines, but no safety issues were found

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The Journal of Commerceweb site
OCTOBER 16, 2017
  • BCO, carriers conflict on what's market reality
  • US freight broker casts doubt on high-tech disruption
  • JNPT productivity gains falter
  • Asia-Europe rail shippers Czech out Prague for savings
  • APL's Sartini: Differentiated services new carrier battleground
  • NAFTA renegotiation progress elusive
  • Analysis: Fourth Industrial Revolution will disrupt shipping

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TradeWindsweb site
OCTOBER 16, 2017
  • Golden Ocean releases shackles amid double capesize deal
    Equity issue linked to latest transaction will remove restrictions on expansion and dividend.
  • Teekay LNG prices new preferred shares
    UPDATE 2: Vancouver-based gas ship owner raises capital with new preferred shares and at-the-market offering.
  • DNV GL goes paperless with e-certificates
    Classification society targets cost cuts as it modernises with latest system.
  • "Strong bidders" circle HSH Nordbank
    CEO Stefan Ermisch says private equity groups considering buying German shipping lender.
  • LNG ship berths to lift first Wheatstone cargo
    Lead shareholder Chevron will use one of its own vessels for historic shipment
  • Tidewater's Jeffrey Platt steps down as CEO
    US offshore vessel owner sees leadership change as the company emerges from financial restructuring.
  • Korea seeks arrests over STX blast
    Prosecutors pursuing warrants for five people over fatal tanker explosion.
  • Listing tanker refloated off Maldives
    STO ship had got stuck on reef en route to Male.
  • Pacific Radiance looks to raise funds
    Restructuring offshore vessel owner is given more time to conclude discussions with potential investors.
  • Bulker goes aground off Taiwan
    Japanese vessel stuck after engine failure, maritime bureau says.
  • Tanker's anchor spears torpedo
    UK bomb disposal squad called in after Brovigtank ship's close encounter off Portland.
  • Chevron scraps Australian exploration plan
    US major says weak oil prices make extracting barrels from Bight too costly.
  • P&O Ferries hits six-year high
    Freight traffic booming between Northern Ireland and Scotland.
  • Bidders offering up to $541m for ABG
    Liberty House and Shapoorji Pallanji among those vying for control of restructuring yard.
  • Arctic Securities cuts tanker estimates
    Analyst Andreas Wikborg redraws VLCC and suezmax expectations for the next couple of years.
  • Sevan settles Teekay Offshore legal spat
    Oslo-listed owner to bank $4.5m from dispute related to Logitel sale.
  • Traders: fuel rules could create massive volatility
    Vitol, Glencore and others reject scrubbers and eye refining opportunities.
  • SolstadFarstad adds $10m of extensions
    Norwegian owner stretches charters for CSV and PSV
  • Computer hackers targeted BW Group
    Incident at Singapore shipowner came less than a month after ransomware attack on Maersk.

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American Shipperweb site
OCTOBER 16, 2017
  • GAO: Federal agencies chasing their tails in SE Asia wildlife trade enforcement
    Various federal agencies tasked with assisting law enforcement activities in Southeast Asia against the illicit trade of wildlife products ...
  • Increased volumes, wildfires hampering USWC intermodal operations
    Slowdowns in intermodal rail service on the U.S. West Coast are affecting Maersk Line's inland transport operations, according to a North A...
  • California releases draft plan for new statewide rail network
    The California Dept. of Transportation has released the public draft of the California State Rail Plan document, which sets the stage for w...
  • Port of Felixstowe gets green light for rail enhancements
    Port of Felixstowe's rail connections will undergo the latest installment of enhancements, having been approved by the Secretary of State f...
  • Demand for warehousing, retail space rises as vacancies fall in Houston
    Hurricane Harvey has led to a bump in Houston's retail and industrial property demand, resulting in decreasing vacancies, according to a ne...
  • Kuehne + Nagel ups profits, revenues in Q3 2017
    Kuehne + Nagel recorded earnings of CHF 184 million for the third quarter of 2017 and CHF 540 million for the first nine months of the year....
  • DHL, QSL to work with fast-food chain KFC in foodservice logistics
    DHL has partnered with foodservice logistics provider QSL to manage the supply and distribution of food products for fast-food chain KFC, t...
  • Judge denies class action status for antitrust lawsuit against U.S. Class Is
    U.S. District Court Judge Paul Friedman on Oct. 10 issued an order denying class action status for a decade-old antitrust lawsuit in which ...
  • BHP seeks permits to build mineral export facility at Port of Grays Harbor
    Global resource company BHP has submitted local, state and federal permit applications, along with comprehensive supporting environmental s...

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The Bunker Bulletinweb site
OCTOBER 16, 2017
  • KAZAKHSTAN DATA: 1.721 mil b/d Sep oil output fails to meet cut pledge
    Kazakhstan's crude and condensate output averaged at around 1.721 million b/d in September, rising 54,000 b/d from August and failing to met production target the country committed to reach under the OPEC/non-OPEC production cut deal, according to data from the Kazakh Statistics Committee published Monday.
  • Louisiana oil rig explosion not expected to impact regional crude prices
    An oil rig explosion in Lake Pontchartrain near Kenner, Louisiana, Sunday evening is not expected to impact regional crude prices, according to an industry source familiar with the US Gulf Coast market.
  • ANALYSIS: Saudi Aramco IPO shift may have market questioning future of OPEC cuts
    Saudi Arabia's ongoing commitment to OPEC production cuts -- aimed at boosting prices -- has been cast into question by reports that the world's largest exporter of crude may be considering an alternative strategy to listing its state-producer Aramco on international markets.
  • Iraqi forces capture northern oil headquarters from Kurds: reports
    The Iraqi army captured the headquarters of state-owned North Oil Co. from Kurdish Peshmerga forces Monday and are advancing on the disputed oil-rich city of Kirkuk, according to local media reports.
  • ANALYSIS: Less output in Gulf of Mexico behind likely crude draw
    Production disruptions in the US Gulf of Mexico because of Tropical Storm Nate likely kept alive a streak of US crude stock declines that have helped keep a floor under NYMEX crude prices.
  • Crude rise as Iraqi army retakes area from Kurdish forces
    Crude futures strengthened Monday after Iraqi forces captured oil fields from the Kurdistan Regional Government in northern Iraq, raising the possibility of conflict and reduced export flows.
  • INTERVIEW: Congressman says Jones Act waiver unjustified, changes impractical
    The Trump administration had no justification for issuing a 10-day Jones Act waiver late last month, but new restrictions on future waivers may be impractical, a leading Congressional supporter of the 100-year-old maritime law told the Platts Capitol Crude podcast.
  • France's CGT to start process for strike at refineries Oct 23
    The Federation of the oil industry at French CGT labor union said Monday it will start the process for a strike at refineries from October 23 which could eventually become indefinite.
  • External: Wired Bunkering
  • BW Group's computer systems hacked; steps up cyber security
    KPMG carries out forensic cyber audit of BW Group.

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