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25 September 2018 The on-line newspaper devoted to the world of transports 01:04 GMT+2

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Sched Netweb site
OCTOBER 23, 2017
  • Asia-Europe rate falls 0.7pc to US$681/TEU, off 0.1pc to USWC
  • Substantial growth in global box trade fails to bring about higher rates
  • APL boosts Intra-Asia footprint with new Korea China Straits service
  • Maersk COO sees carriers consolidating into a few mega companies
  • Record cargo tonnage of 403m tonnes transits Panama Canal
  • US seeks greater access to Canada's dairy market as NAFTA session ends
  • Port of Savannah's box volume rises 5.8pc in Q1 FY2018 to 1m TEU
  • SCPA reports strong Q1 FY2018 container throughput growth
  • Asia-Europe rail shippers can save time and costs by offloading cargo in Prague
  • Thriving air cargo market in China prompts new airlines to scramble for licenses
  • Amazon 'well-served' if it opts to set up HQ in Atlanta: Delta CEO
  • China's EAL sets its sights on listing and becoming the 'Chinese FedEx'

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Exim Indiaweb site
OCTOBER 22, 2017
  • 'Digitalisation is coming to the shipping industry and it is coming fast'
  • MASSA Academy Chennai celebrates Annual Day
  • MOL tabletop drill focuses on car carrier safety
  • MSC to showcase reefer expertise at Worldfood India in New Delhi
  • Piracy rates down in 2017, but concerns remain
  • Rising market share, freight rates recovery seen for multipurpose shipping
  • Anti-dumping duty levied on steel products
  • RFQ invited for setting up Outer Terminal-I at Haldia Dock Complex
  • Shanghai port throughput up in Sept. at 3.37 m TEUs
  • PFTs may be allowed on land near stations
  • India & Japan sign Memorandum of Cooperation to establish a liquid, flexible & global LNG market
  • First major cotton yarn plant in region comes to SOHAR Freezone
  • South Gujarat - Cargo & Logistics Business Forum 2017 in Surat postponed to Nov. 24

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International Transport Journalweb site
OCTOBER 23, 2017
  • Unbroken enthusiasm
  • Ports in the spotlight
  • 10,000 more trailers than planned
  • Sweden starting truck platooning test
  • Fort Myers airport growing despite hurricanes
  • Olicargo picks Ribeiro as sales director
  • New Korea China Straits service to start in November
  • Tenth GAC branch office in Brazil
  • Pemco now converting B737-700s to flex-combi units
  • Transport contract for Canadian railroad
  • New cranes for Manila
  • B+S lands e-commerce fulfilment contract
  • Distribution executive joins Metro for US business
  • Robinson Fresh to provide potatoes in North America
  • Australian rail operator investing in digital system
  • CLA introduces STA-FRA-DWC-HKG service
  • New CEO for Dimotrans
  • Drewry sees comeback for multipurpose shipping

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IHS Maritimeweb site
OCTOBER 20, 2017
  • ICS warns on 'draconian' Canadian tanker ban law
  • Paul Wallace: Steering change at Panama ports
  • US Navy fires commanders and switches on AIS after spate of fatal collisions
  • Marine insurers told to think differently over risk
  • London sees fall in marine insurance business
  • Oil dispute in Iraq could rattle tanker markets
  • Ignoring CTU code puts crews at risk, says shipping alliance
  • POSCO to call for tenders to build LNG-powered bulker
  • Keppel O&M cautiously optimistic about offshore, seeks gas opportunities
  • Korea Eximbank to sell shipbuilder Dae Sun through open tender
  • No plans to lower pricing for MSC's box ships, says DSME

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The Loadstarweb site
OCTOBER 20, 2017
  • Decision on future Schiphol capacity could be slowed by concerns over noise
  • East-west container freight rate decline slows, but price hikes are on the way
  • E-commerce will benefit the smaller, local forwarders that can deliver
  • Dascher eyes logistics innovation with new university partnership
  • Express operator ZTO joins consortium to establish logistics insurer
  • Planes, politics and protectionism: can US carriers have it both ways?
  • Justin Carr is Etihad's new commercial VP of cargo
  • Truckers from western Europe break posted workers rules

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Marine Logweb site
OCTOBER 20, 2017
  • VIDEO: One dead, one missing in oil barge fire and explosion
  • MAIB report on grounding raises worrying questions about ECDIS
  • Study examines offshore wind potential for Jamaica
  • Schulte Marine Concept wins first cruise ship contract
  • U.K. shipyard delivers harbor workboat to Svitzer
  • Wilson Sons delivers second tug in Damen ASD 2411 quartet
  • Wärtsilä inks eight ship maintenance agreement with GasLog LNG
  • Environmentalists urge slow-steaming to cut ship GHG emissions

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Lloyd's Listweb site
OCTOBER 20, 2017
  • Pavimar sources say rising Greek owner has not acquired Japanese supramax
    Ismini Panayotides-led company has already completed at least half a dozen secondhand purchases in 2017
  • Economou drops VLCC newbuilding quartet
    Four big tankers at Hanjin's Philippines yard scratched up to four months ago due to refund guarantee problems
  • IMO to struggle in next week's decarbonisation talks
    Significant disparities remain in the opinions of member states
  • Bearish signs for aframax tankers emerge from Kurd conflicts
    VLCCs may benefit on replacement demand, though supply picture remains uncertain with Russian and Turkish intervention
  • Capesize earnings hotting up
    Healthy demand for iron ore and coal from China drives earnings to more than $22,000 per day on average
  • Alpha Bank completes $250m shipping loan securitisation
    Rare shipping securitisation is second time Citi has worked with Greek lender
  • Britannia to distribute $10m to members
    P&I club's cash giveaway follows $30m handout in May
  • SIPG share price surges on free port plan
    Policy guidance from party congress suggests China might further liberalise its free trade zones, but Hong Kong may not like...
  • Neon to set up Italian hull and cargo underwriter
    Local broker Cambiaso Risso emerges as minority shareholder
  • Think like your customers
    Advocates of low-sulphur fuel solutions seem to be spending their time listening to themselves, not to customers
  • Daily Briefing
    China has effectively barred leasing houses from financing for foreign-yard newbuilds
  • Port and flag states 'must be held accountable for seafarer abandonment'
    Repatriating crew should be a long-term priority for the International Maritime Organization and the International Labour Organization
  • Data Hub: Load Factors
    Transpacific carriers face capacity conundrum during traditional winter slack season
  • Higher freight rates to boost Maersk results
    Improved rates to help make up for lower volumes following cyber attack
  • DSME looks to compete with Chinese rivals on technical expertise
    South Korean yards being challenged by Chinese builders backed by government financing
  • Japanese students shun shipbuilding industry
    Majority of survey respondents say working in the shipping industry is dangerous, unhygienic and tough
  • Restis buys stake in Globus Maritime
    Greek owner's stake in Nasdaq-listed bulker owner could rise to 35% with warrants
  • GSL revenues down as charter rates fall
    New time charter rates failing to match previous earnings
  • Navios Maritime Containers buys boxship pair for $20m
    Vessels to bring in about $1.5m in earnings before interest, taxes, depreciation and amortisation over next 12 months
  • Navios Maritime Midstream results pulled down by soft tanker market
    Market weakness and unscheduled offhires for one of its vessels affected revenue
  • Keppel O&M notes growing optimism in offshore market
    Shipbuilder's view based on mergers and acquisitions momentum and secondary rig transactions

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The Journal of Commerceweb site
OCTOBER 20, 2017
  • Ample trans-Pac capacity muffles spot rates
  • Capacity investment helps Werner ride freight surge
  • LA-LB warned fee hikes could accelerate share loss
  • CMA CGM carriers team up to launch new intra-Asia service
  • OOCL takeover gets green light from Cosco shareholders
  • Rate increases manage to slow falling Asia-Europe spot prices

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TradeWindsweb site
OCTOBER 20, 2017
  • Modec wins Petrobras FPSO deal
    Japanese group to supply unit for Brazil's Sepia Field.
  • Thorco MPP heading to Congo
    Danish owner's vessel chartered to LMC, which is seeking more ships.
  • Greek tanker detained in Saudi Arabia
    A 1995-built vessel owned by Piraeus-based Dileton Maritime is being held at Yanbu by local authorities.
  • Rosneft orders 10 more tankers at Zvezda
    Russian oil major inks Arctic shuttle ships at new shipyard, backed by 20-year charters.
  • Veteran dredger on sales block
    Broker John Kearns selling vessel owned by Westport Harbour in New Zealand.
  • Seikongen tanks intact, but 37,000 salmon dead
    Divers confirm no fuel leaks from sunken wellboat, but fish fare less well.
  • Maersk's Toft: 'handful' of lines to remain
    COO says acquisition activity could pick up again as growth slows.
  • Alpha Bank raises $250m for shipping
    Major Greek lender completes its second shipping securitisation transaction since 2014.
  • GasLog tasks Wartsila with LNGC maintenance
    Finnish technology group will provide its services to seven LNG carriers controlled by Greek owner.
  • Boa Offshore chases $13m settlement cash
    Owner starts enforcement in Luxembourg after Noryards dispute money unpaid.
  • DB sees big upside for Scorpio Bulkers
    Bulker improvements driving potential 30% rise for Lauro-led company.
  • Hartmann sells AHTS fleet to Breakwater, Hayfin
    German group finds financial solution for offshore fleet with deal for 11 vessels.
  • Schulte wins first cruiseship deal
    Schulte Marine Concept to oversee Mystic Cruises newbuilding.
  • Restis backs Globus Maritime fundraiser
    US-listed shipowner closes a $2.5m equity private placement with help from top Greek owner.
  • Keppel O&M job cull reaches 20,000
    But CEO sounds a note of cautious optimism about signs of a potential sector recovery.

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American Shipperweb site
OCTOBER 20, 2017
  • Senator: Cargo preference for U.S. food aid 'ridiculous'
    Sen. Bob Corker, chairman of the U.S. Senate Finance Committee, said its time to dismantle the longtime regulation that requires at least 5...
  • U.S. Bank: Freight payment index jumps 8.3% in Q3 2017
    Cargo transportation spending in the United States during the third quarter of 2017 grew 8.3 percent compared with the same 2016 period, ac...
  • APL, CNC to launch joint intra-Asia loop
    APL and Cheng Lie Navigation (CNC Line) will launch the Korea China Straits (KCS) service between China and South Korea next month. The KC...
  • Port of Vancouver buys land for warehousing, distribution
    The Vancouver Fraser Port Authority, which manages the port lands in and around Vancouver, British Columbia, has just purchased 35 acres of...
  • KCS keeps Q3 profits chugging despite Hurricane Harvey impacts
    Kansas City Southern (KCS), a transportation holding company that owns the Kansas City Southern Railway Co., Kansas City Southern de México...
  • Spot container rates fall on major trades
    Spot container rates on major trades from Shanghai to Europe, the Mediterranean, and the U.S. West Coast and East Coast have all declined s...
  • Report: COSCO shareholders approve OOIL acquisition
    According to an exchange filing, Chinese state-owned COSCO Shipping Holdings has received shareholder approval for its offer to acquire Ori...
  • ICS: Proposed BC oil shipment moratorium 'draconian,' 'unwelcome'
    The London-based International Chamber of Shipping has come out strongly against a proposal by the Canadian government to suspend the shipm...
  • Houston to gain new multimodal distribution facility
    Pontikes Development is breaking ground on a 3 million-square-foot distribution center near Port Houston capable of transporting cargo by r...

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The Bunker Bulletinweb site
OCTOBER 20, 2017
  • Port of Corpus Christi remains open to tankers after fire on US Gulf crude barge
    The Port of Corpus Christi is still open to tankers despite an early Friday fire on a barge loaded with crude, a top port official said.
  • Signs suggest further oil price pickup coming: Schlumberger CEO
    A reduction in world crude inventories in the third quarter of 2017 showed a rebalancing of global markets that sets the stage for a further pickup in oil prices and an "inevitable" growth in exploration and production investments, the CEO of oil field services provider Schlumberger said Friday.
  • TANKERS: Shipping body ICS calls for 'clear and ambitious' CO2 reduction goals from IMO
    The International Chamber of Shipping wants the International Maritime Organization to identify clear and ambitious CO2 reduction goals for the shipping sector during its October 23-27 meeting, ICS Director, Policy & External Relations, Simon Bennett, told S&P Global Platts Thursday.
  • NWE LSFO rebalancing in sight, backwardation seen softer year-end: traders
    The tight low sulfur fuel oil complex in Northwest Europe has stretched across October but the end of refinery turnarounds should rectify the tight supply complex towards late November and into December, traders said.
  • Looming IMO 2020 sulfur cap spurs record HSFO curve backwardation
    Backwardation in fuel oil quarterly spreads ahead of the marine fuel revolution set for 2020 has risen to the highest ever assessed by S&P Global Platts on crack selling and tactical futures buying, according to traders.
  • Durban bunkers reach seven-month high on tight availability: sources
    Bunker fuel at Durban hit the highest in seven months Thursday with reports of limited availability.
  • External: Wired Bunkering
  • Norway's Odfjell selling its 50% stake in Singapore tank terminal
    Norway's Odfjell, which handles transportation and storage of bulk liquid chemicals, acids, edible oils and other special products, has decided to sell its 50% ownership in Oiltanking Odfjell Terminal Singapore, the company said in a statement.
  • External: Marine Bunkering(Rotterdam)B.V.
  • Japan bunker market braces for delays, congestion on approach of Typhoon Lan
    But sources said they do not expect the storm to have any impact on bunker fuel prices.
  • FEATURE: Reformate arb from ARA to China slows, but high exports anticipated
    Nevertheless, export interest remains firm over the coming weeks, with some oil and petrochemical market participants expecting outflows to the tune of over 1 million mt.

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