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20 October 2018 The on-line newspaper devoted to the world of transports 12:23 GMT+2




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Sched Netweb site
DECEMBER 22, 2017
  • MOL to levy US$250/TEU hike on cargo for southern Africa Jan 1
  • Maersk Line sets up online platform to rein in booking cancellations
  • HMM CEO looks to 22,000 TEU boxship order
  • TS Lines expands self-owned fleet by ordering two 1,096-TEUers
  • THE Alliance makes changes to east-west services starting April 2018
  • Hapag-Lloyd forecasts shipping in Mexico to record double-digit growth
  • 'K' Line awarded for providing free transport of books for children in S Africa
  • Cathay expects strong Q1 cargo demand as shippers scramble for space
  • DHL volumes help drive Leipzig/Halle airport's cargo traffic up 9.4pc in Nov
  • ABC successfully completes trial of RKN containers for DHL Global Forwarding

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Exim Indiaweb site
DECEMBER 21, 2017
  • APL receives silver sustainability rating from EcoVadis
  • CMA CGM Corporate Foundation launching Call for Proposals aimed at promoting equal opportunities for children from disadvantaged backgrounds
  • Energy transition changes the shape, but not the importance of shipping to the global economy, says forecast
  • ISS Shipping India loads long-length break-bulk cargo on container vessel
  • ITIC warns about re-emergence of people-smuggling scam
  • Maersk Line brings top notch logistics solutions to Kerala
  • OOCL introduces Far East Chennai Service 2 (FCS2) to expand South East India network
  • Jawaharlal Nehru Port Trust successfully installs surveillance system
  • Mandatory RFID tagging of new vehicles
  • Govt of Gujarat & JBS Academy partner in skill training

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IHS Maritimeweb site
DECEMBER 21, 2017
  • USCG chief calls out failures by Tote, El Faro captain
  • Exmar returns to very large gas carrier market with Statoil
  • Philippine ferry capsizes with 251 people on board
  • Gas 'the winner' in seaborne trade growth to 2050, according to DNVGL
  • Foremost Group orders two Newcastlemaxes from China's Waigaoqiao Shipbuilding
  • Euronav and Gener8 to merge, creating USD4 billion tanker company
  • MODEC wins 14th FPSO contract from Petrobras
  • Indian miner VM Salgaocar assigns shipping to Singapore operator
  • HMM in talks with ZIM to run Asia-US East Coast service

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The Loadstarweb site
DECEMBER 21, 2017
  • Ocean Alliance faces major network shake-up as new ULCVs arrive to 'rock the boat'
  • Air cargo boom pushes Moscow Sheremetyevo to break ground on new handling terminal
  • Owners of bigger containerships face a charter market 'double-whammy'
  • SEKO Logistics' new air service targets big chunk of home delivery market
  • Freight and Express divisions the star performers as FedEx gears up for Xmas
  • Fear, fake news and cyber hype
  • German antitrust agency fines tug operators
  • Go digital: raise supply chain performance to new levels

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Marine Logweb site
DECEMBER 21, 2017
  • BASS appoints Lehrer VP Sales in North America
  • Gulf Island to build tug for Seaway Development Corporation
  • Ferry operator to put intelligent awareness system to the test
  • Chesapeake Shipbuilding, Vane Brothers ink another tug deal
  • Wartsila set to expand underwater hull cleaning services with acquisition
  • Technology offers proper cylinder oil blending on-board for Greek shipowners

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Lloyd's Listweb site
DECEMBER 21, 2017
  • HSH Nordbank set to exit First Ship Lease
    Move could facilitate refinancing plan, the company insists
  • Euronav deal creates world's top crude tanker fleet
    Deal that creates the world's largest crude tanker fleet aimed to attract clients and stock investors in the age of...
  • Ferry carrying more than 250 people sinks off Philippines
    About 200 passengers have so far been rescued, according to local media reports
  • Bigger is not just better, it's necessary for survival, say shipping's consolidation crusaders
    Euronav's market-leading takeover of Gener8 highlights the scale required to survive in a market in which limited finance and consolidating...
  • Musical chairs start for tanker market supremacy
    Is being 'bigger' the long-term answer to delivering 'better' shareholder value?
  • 'There's a long way to go in tackling sexual harassment'
    For too long, both men and women have allowed a culture of casual sexism and misogyny in shipping, writes Julie...
  • Daily Briefing
    Geneva-based MSC is still looking for financiers to support $1.5bn worth of newbuilding orders
  • International Seaways' purchase of six VLCCs linked to Euronav deal
    Transaction worth $434m is linked to a successful merger between Euronav and Gener8
  • DSME reaches provisional wage deal with union
    Union members had staged a partial strike last Thursday demanding a pay rise
  • Global shipping capex needs exceed market cap of listed firms
    Industry needs $114bn in capital to finance 2018 newbuilding deliveries, says research firm Crucial Perspective
  • Traders cautious on China's lifting of coal import restrictions
    However, the impact on freight markets remains uncertain
  • Troim's 2020 Bulkers exercises options for two newcastlemaxes
    Newly listed dry bulk operator also conducts private share placement to raise $5m in proceeds
  • Noble Group gets further loan waiver extension amid restructuring talks
    Credit facility's waiver has been extended to May next year
  • Euronav buys Gener8 to create $4bn tanker company
    Deutsche Bank describes $490m purchase as potentially 'the right deal at the right time'
  • HMM confirms interest in 22,000 teu boxships to stay competitive
    Korean flagship carrier aims to boost tonnage to more than 1m teu
  • Grains trades emerge as a top performer for bulker owners
    Steady, healthy expansion of global grains trades set to continue into next decade
  • Autonomy - walk before you run
    Technologists underestimate the sheer hostility of the marine environment

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The Journal of Commerceweb site
DECEMBER 21, 2017
  • Savannah, Charleston drive coastal Asia import gains
  • Lease rates rocket amid space crunch near Port NY-NJ
  • New India-Russia/EU route offers Suez alternative
  • Itajai berth project will allow larger ships
  • Europe to rails: Get your house in order

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TradeWindsweb site
DECEMBER 21, 2017
  • Peter G not done with shipping yet
    Master dealmaker soon to relinquish 'shipowner' title, but for how long?
  • GC Reiber launches $11.9m rights issue
    Offering will be put toward extending Christian W. Berg-led company's operating cash.
  • International Seaways claims 'lowest price' for VLCC deal
    Executives digest Gener8 transaction on busy day for the big crude tanker market.

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American Shipperweb site
DECEMBER 21, 2017
  • Port of Savannah container volumes rise 2.8% in November
    The Port of Savannah moved 309,147 TEUs in November 2017, a 2.8 percent increase from the same month last year, according to statistics rel...
  • Drewry: World Container Index rises 5 percent this week
    The World Container Index, a composite of container freight rates on eight major routes to/from the U.S., Europe and Asia, rose 5 percent t...
  • Commerce lands duties on small Canadian-built aircraft
    The Commerce Department on Wednesday proceeded with announcing its recommended antidumping and countervailing duties to be imposed on 100- ...
  • Report: CSX considering revival of Howard Street Tunnel Project?
    Class I railroad company CSX met with members of Maryland's congressional delegation and Baltimore Mayor Catherine Pugh on Tuesday to discu...
  • Cargotec subsidiary MacGregor to acquire Rapp Marine
    Helsinki-based Cargotec subsidiary MacGregor has signed an agreement to acquire Norway's Rapp Marine Group, a competing supplier of marine ...
  • MOL, Rolls-Royce partner on autonomous vessel AI
    Japanese ocean carrier Mitsui O.S.K. Lines, Ltd. (MOL) has signed a deal with U.K.-based engineering conglomerate Rolls-Royce Marine for jo...
  • Samskip receives 50 new train wagons
    European transport and logistics provider Samskip has added 50 more rail wagons to its fleet, bringing the total number of wagon units intr...
  • FlexiVan, NACPC establish new chassis co-op for Port of NY/NJ
    The North American Chassis Pool Cooperative (NACPC) and New Jersey-based chassis leasing company FlexiVan are establishing a new cooperativ...
  • SEKO Logistics launches 'Airfreight+ Final Mile' service for oversized products
    Atasca, Ill.-based third-party provider SEKO Logistics has launched a new "Airfreight+ Final Mile" service in North America aimed at retail...

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The Bunker Bulletinweb site
DECEMBER 21, 2017
  • Shareholder group attacks bunker supplier Aegean's management in open letter
    Open letter to the company's chairman criticizing "failures in corportate governance" that they believe have undermined its share price.
  • Global bunker supplier Aegean expands into Germany's Kiel Canal
    Global bunker supplier Aegean Marine Petroleum will be commencing physical supply operations on Germany's Kiel Canal from January.
  • External: Wired Bunkering
  • SHIPPING OUTLOOK -- DRY BULK: Panamaxes set for firm Q1 on Chinese grains demand
    - Chinese grains demand will drive Q1 2018 - Atlantic coal unsupportive of the general market
  • US DATA: EIA says US residual fuel oil stocks hit fourteen-year low
    US stocks are down 10.646 million barrels, or around 26%, from the same time last year, data showed.
  • SHIPPING OUTLOOK -- CONTAINERS: Will carriers finally get pot of gold in 2018?
    Only if box rates provide better profit margins, depending on annual contract prices and spot box rates.
  • HSFO barges swing into backwardation, bucking December trend
    The 3.5% FOB Rotterdam barge market has become a sellers' market and there is an overload of HSFO.
  • TRADER NOTE: ZenRock Commodities Trading hires new commodities trader
    Tan was previously from Mercuria Energy Trading and O.W. Bunker Far East.
  • FUTURES: Crude steady amid mixed EIA data, lack of fresh cues
  • TRADER NOTE: OceanConnect Marine Korea hires new trader
    Kim was previously a trader at World Fuel Services for three years.




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