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22 November 2017 The on-line newspaper devoted to the world of transports 08:37 GMT+1




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Sched Netweb site
OCTOBER 25, 2017
  • Evergreen joins Cosco and Yang Ming to boost N Europe-Mediterranean service
  • Beating cancellation - over booking conundrum: APL says it has a new way
  • Falling demand and freight rates cast doubts over boxship sector recovery
  • Rotterdam up 10.1pc to 10.2 million TEU in first 9 months of 2017
  • Traffic along the Suez Canal picks up in 2017, but not enough
  • Kuehne + Nagel expands Asia-Europe rail freight transport service
  • Italian police investigate disapperance of Ukrainian master from MSC boxship
  • Hong Kong yacht race from Sai Kung to Daya Bay in the mainland
  • CargoLogicAir starts new London-Frankfurt-Dubai-Hong Kong service
  • IAG Cargo offers new direct Madrid-San Francisco service in summer 2018
  • Justin Carr appointed new commercial VP of Etihad Cargo

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Exim Indiaweb site
OCTOBER 24, 2017
  • Evergreen, COSCO & YML to offer express service on North Europe-Mediterranean trade
  • It's a challenge for Customs brokers & freight forwarders to adopt the rapid changes, says new FFFAI Chairman-elect
  • Marine Pollutants - Compliance & Exemptions - IMDG CODE 38-16
  • Mega vessels to dominate Asia-Europe trade in 2020
  • Refund SMS Seva launched for refund claims filed at JNCH, Nhava Sheva
  • Delegation from Atlanta visits Jawaharlal Nehru Port
  • DP World reports 13.5 pc gross volume growth in third quarter of 2017
  • Paradip Port tops in PLR percentage for 2016-17

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International Transport Journalweb site
OCTOBER 25, 2017
  • Ports in the spotlight
  • 1,000th tank car ready to transport alcohol
  • Canada Post extends partnership with Cargojet
  • UK: fines for naps in cabs
  • Fiata: council of past presidents set up
  • Warehouses in apple-pie order with Arvato
  • Feteia: Spanish president and VP from Barcelona
  • Air Berlin subsidiary snapped up by Zeitfracht
  • USA: Farmrail - shortline of the year
  • Antwerp on the rise
  • Evergreen's new service with Cosco and YML
  • Chandler VP sales for US south at Road One
  • Schwerdtfeger opening up in Dusseldorf and Romania
  • Asia Pacific carriers in dynamic cargo markets
  • More trains between Poznan and Rotterdam
  • Group7 growing in Frankfurt
  • New cranes in action at HHLA's Tollerort terminal

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IHS Maritimeweb site
OCTOBER 24, 2017
  • Shipping revs up debt and equity transactions on Wall Street
  • Stena Line adds Trelleborg to land-based power ports
  • Europe looks to both to the US and East Asia for car exports
  • User-owned FSRU upward trend continues
  • South Korean MP calls for Gwangyang support after Hanjin demise
  • Dingheng Shipping expands fleet by 26 domestically built tankers
  • DSME's stocks set to resume trading
  • SM Line starts service to China, Pakistan, Middle East
  • KDB looks at providing HMM with USD9 billion 'war chest'

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The Loadstarweb site
OCTOBER 24, 2017
  • DP World reaps double-digit rewards from market recovery and alliance reshuffle
  • Shippers get behind Project Selfie bid to better reflect air freight load factors
  • The 2020s will be the era of the mega-containership on Asia-Europe
  • Forwarders who fear the digital age should 'get out now'
  • ICS and BIMCO hit back in environmental tit-for-tat
  • Tallinn talks reach compromise on low-cost labour dispute

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Lloyd's Listweb site
OCTOBER 24, 2017
  • Daily Briefing
    Polys Hajioannou and the art of shipping
  • By Lambros Papaeconomou
    Scorpio Bulkers, with its surprise two-cent dividend initiation, is the new 'go-to' dry cargo stock
  • SSY appoints Lawson as new tanker head
    James Palmer is leaving the brokerage to pursue other interests
  • Supramax earnings soar on coal and grain demand
    Average time-charter earnings on the Baltic Exchange reaches highest point since July 2015, when reporting began for 58,000 dwt vessels
  • Korean bank struggles to get money back from shipping and yards
    About 75% of the Export-Import Bank of Korea's non-performing loans come from shipping and shipbuilding firms
  • Liner shipping profits set to rise to $6bn in 2017
    Drewry upgrades full-year profit forecast for the industry, indicating it could be entering a sustained period of profitability
  • Dingheng Shipping to run 20 chemical tankers by 2017
    Chinese domestic operator to charter in six ships and order 10
  • Softer tanker market weighs on Bahri results
    Lower spot market rates in crude oil and product tankers to blame for 58.1% drop in net profit
  • Shipbreakers brace for regulatory upheaval
    Termination of Beijing's scrap-and-build scheme could prompt Chinese owners and scrapyards to interact more with international markets
  • Southeast Asia's oil demand shows encouraging signs for tankers
    The region's rising oil consumption translates into an additional annual requirement of up to 250 very large crude carriers
  • V.Ships to manage Minsheng Financial Leasing ultramax newbuilding quartet
    The four ultramax newbuildings are scheduled for delivery over 2018
  • Industry to miss Paris climate targets, warns DNV GL
    Class society sees global temperatures rising 2.5°C above industrial levels by 2041 without push to renewables
  • ICTSI inks deal for second phase of Basra Gateway Terminal upgrade
    Terminal to be able to handle vessels up to 10,000 teu
  • Autonomous 50,000 teu boxships could be in service within 50 years
    Digitalisation will drive progress in the container industry in the years ahead, says McKinsey
  • US regulator approves Cosco's acquisition of OOIL
    Deal now awaiting approval from Chinese regulators as well as the European Commission
  • Manila ports say they are ready to handle Christmas cargo influx
    Terminals have sufficient capacity to handle year-end cargoes and avoid congestion, say port authorities

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The Journal of Commerceweb site
OCTOBER 24, 2017
  • Crop failures, weak prices pull down Brazil coffee exports
  • DP World posts double-digit TEU growth at terminals
  • Bangladesh turns to inland waterways to cut costs
  • Outlook good for Europe-Asia backhaul capacity
  • Dynamar: Breakbulk/project cargo market poised for recovery
  • DCLI launches gensets pools in NY-NJ, Savannah
  • Carrier profitability in 2018 hinges on capacity discipline

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TradeWindsweb site
OCTOBER 24, 2017
  • Costamare bags fresh loan following active third quarter
    New facility leaves shipowner fully funded at the end of a busy period of chartering activity.
  • FESCO shareholders approve restructuring of $655m in debt
    Approval was 'one of key milestones' under lock-up agreement between Fesco and noteholders.
  • MHI execs check out Brodosplit
    Japanese delegation expresses interest in Croatian shipyard cooperation.
  • Novatek lines up order for 15 new LNGCs
    Preliminary request submitted to Zvezda yard for second Arctic gas project.
  • Bugbee rules out capesize return but smaller assets on menu
    President believes sums make buys a better option in the ultramax and kamsarmax sectors.
  • Mokster reactivates PSV after two years
    Stril Mermaid comes out of layup for new storage charter with ExxonMobil.
  • USC liquidates two yard centres
    Operations unaffected as Russian shipbuilding holding company streamlines structure.
  • Captain missing from MSC boxship
    Ukrainian master believed to have fallen overboard off Italy.
  • Nordic American Tankers closing on newbuilding loan
    Herbjorn Hansson-led shipowner says main terms of facility to cover suezmax trio have been agreed.
  • Rederi AB Gotland sees profit dip
    Swedish tanker owner hampered by higher costs over first eight months.
  • Eidesvik adds two years to OSV charter
    Norwegian owner keeps Acergy Viking in Germany until 2020.
  • Experts see short term gains for shipbuilders
    The worst of the shipbuilding market is over but there are still dark clouds on the long-term horizon, executives say.
  • James Palmer leaves Simpson Spence Young
    Partner and long-term company stalwart Rupert Lawson to head tanker team at shipbroker
  • Stolt-Nielsen tanker said to head for scrap
    Oslo-listed owner believed to have disposed of 1992-built vessel in India.
  • Navibulgar adds to bulker series
    Bulgarian owner declares options for two more handymaxes in China as expansion continues.
  • PDVSA barred from storage terminal
    Venezuelan major unable to use Caribbean facility as financial woes continue.
  • Stifel plays 'small ball' and rules out dry bulk home runs
    Analyst believes rates will remain range bound at reasonable but unremarkable levels.
  • Six crew kidnapped from Dohle boxship
    Captain of Demeter among those seized by Nigerian pirates off Onne.
  • Bahri profit dented by weak tanker market
    Saudi owner points to lower spot rates for its reduced quarterly bottom line.
  • V.Ships strikes Minsheng bulker deal
    Group to manage four new ultramaxes for financial leasing company in China.
  • Havila Shipping sells POSH JV duo
    Restructured owner offloads anchor-handlers it operated with Singapore group.
  • Icon Offshore boss heads for the exit
    Managing director quits Malaysian offshore vessel operator after less then 18 months incharge.
  • Moody's lifts Capital's rating up a notch
    Agency also highlights moderate leverage at Evangelos Marinakis tanker vehicle.
  • Don't fear the 'Belt', says industry leaders
    Investments under China's $900bn Belt and Road Initiative look good in the short term and hopefully in the long term, TradeWinds conference hears.
  • ICTSI seals Basra terminal expansion
    Philippines terminal operator to spend $100m doubling capacity at Umm Qasr, in southern Iraq.
  • Analyst turns more bullish on Samudera Shipping
    Indonesain shipowner set to benefit from improving dry bulk and containership sectors.

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American Shipperweb site
OCTOBER 24, 2017
  • Report: 90% of Asia-Europe vessels to exceed 14,000 TEUs by 2020
    The vast majority of container vessels serving the Asia-Europe trade lane will sport a capacity of more than 14,000 TEUs, according to a re...
  • A new, insourced model for logistics management?
    A new logistics services provider has set up a partnership with two prominent freight transportation technology companies to establish what...
  • UPS pilots cargo bikes in Toronto
    UPS is now testing cargo bicycle parcel delivery in Toronto, according to The Toronto Star , as announced at a city hall press conference h...
  • Lidl, Shipt launch pilot grocery delivery service in Greenville, S.C.
    German grocer Lidl has launched a pilot program partnership with online grocery delivery service Shipt in Greenville, S.C. to deliver groce...
  • CORRECTION: FMC authorizes ocean carriers to serve on NYSHEX board
    The Oct. 23 AS Daily article "FMC authorizes ocean carriers to serve on NYSHEX board" incorrectly stated that the U.S. Federal Maritime Com...
  • Ocean carriers impose port congestion fee for Banjul imports
    Ocean carriers CMA CGM and Maersk Line have issued customer advisories stating an emergency port congestion surcharge would be added to all...
  • U.S. imposes duties on biodiesel imports from Argentina, Indonesia
    The U.S. Commerce Department will instruct Customs and Border Protection (CBP) to collect cash deposits from importers of biodiesel from Ar...
  • imec Messtechnik launches cloud-based cold chain monitoring device
    Germany-based data logging firm imecMesstechnikhas launched itstempmate.®-GS device for complete monitoring of cold chain in real time, the...
  • 3PL AGL cools Igloo's supply chain pain points
    Sometimes logistics management is just a numbers game. Too many carriers, too many logistics partners, too many spreadsheets, not enough p...

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The Bunker Bulletinweb site
OCTOBER 24, 2017
  • Oil strengthens lifting NYMEX December crude above $52/b
    NYMEX December crude rose 57 cents to $52.47/b. ICE December Brent increased 96 cents to $58.33/b.
  • Poor weather restricts bunker operations at Malta: port authority
    Inclement weather is limiting bunkering and other maritime operations at Malta.
  • Med HSFO market tightens further on fewer cargoes
    Tightness of the Mediterranean high sulfur fuel oil complex had been further exacerbated recently as a result of fewer cargoes available in the region, traders said.
  • ANALYSIS: Saudi Aramco IPO scaremongering looks overdone
  • Rotterdam ULSFO discount to MGO widens on aggressive selling
    The discount of ultra-low sulfur fuel oil to marine gasoil in Rotterdam widened Monday, as suppliers with more product to sell offered aggressive discounts.
  • St Petersburg bunker fuel price near 3-year high on high demand
    Bunker fuel prices at St Petersburg, Russia, have hit their highest in nearly three years Monday on high demand.
  • External: Wired Bunkering
  • No discussions with China for Saudi Aramco stake, says CEO
    Plan for IPO remains on track.
  • Equatorial Guinea confident OPEC/non-OPEC cuts will be extended: oil minister
    - Seven African oil producers invited to November 30 meeting - Equatorial Guinea oil production averages 138,000 b/d so far in 2017 - Hopes to increase African presence in OPEC
  • Nigerian crudes facing stiff competition into Europe on grades, freight
    Suezmax rates have been rising -- partially due to the Aframax market in the Mediterranean having been very strong for the last two weeks.
  • IEA eyes 40%-50% methane emissions cut from oil, gas sector at no net cost
    It is technically possible to avoid about three-quarters of the 76 mt of methane emissions estimated in 2015 from oil and gas operations.




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