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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 27, 2017
  • DP World posts 13.5pc increase in Q3 container throughput
  • DaChan Bay Terminals welcomes new intra-Asia GLX service
  • Mega-ships call NY-NJ, but can the port recover market share?
  • Inbound box volume at top 5 USWC container handling ports up 6pc in Aug
  • SeaLand's South Atlantic Express to add Everglades call to service network
  • Land acquired for support facilities in Vancouver to enable port growth
  • Port of Auckland's relocation looks more likely under NZ's new government
  • Maersk Supply Service takes delivery of first Cosco-built subsea support vessel
  • Two S California cities launch joint bid to land Amazon's second HQ
  • Cathay Pacific gains IATA's CEIV Pharma certification
  • China Airlines likely to order 20 narrow body aircraft
  • Asia Pacific airlines cargo demand growth up 10.7pc

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Exim Indiaweb site
OCTOBER 26, 2017
  • Bahri receives new VLCC
  • COSCO Shipping Holdings receives shareholder approval for OOIL acquisition
  • Leading vehicle manufacturer to explore coastal shipping
  • Liberia's WayPoint takes client interface standards to new levels
  • LNG shipping spot rates seen strengthening from 2019
  • Maritime security for sustainable development
  • Milaha Maritime & Logistics registers significant net profit increase quarter-on-quarter
  • Though global demand picked up last year, shipping industry still weighed down by overcapacity, says report
  • DP World Mundra & Wockhardt Foundation enhance the reach of medical facilitation in Gujarat
  • Record 6,016 cars shipped in a day at Mumbai Port
  • TRAFFIC HANDLED AT MAJOR PORTS
  • Cathay Pacific & Cathay Dragon carry more cargo in Sept. 2017
  • Up to half of milk, fruits & vegetables produced in India goes waste due to poor cold chain infra: Study

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International Transport Journalweb site
OCTOBER 27, 2017
  • Road upgrade with gender responsive features
  • Edmonton airport attracts more cargo
  • Mexico: KCS to serve new petroleum products terminal
  • Global supply chain quality control solution for JD.com
  • Frauenhofer: reduce box repositioning to cut costs
  • Simwave maritime engineers greet new colleague
  • Uzbekistan Airways adjusting New York service
  • Logistics centre for fashion startup
  • Train hauls Russian confectionary to China
  • Liebherr crane for Terminal Pacífico Sur Valparaiso
  • Think tank rethinks leadership
  • Oneworld alliance to lose German member
  • Scholte and Polmans - new Tiaca board functions
  • Huge trade potential in South Asia with global transit...
  • Switzerland: testing first automatic braking system
  • Cathay Pacific awarded Iata Ceiv Pharma
  • Uptick of global container volumes continues

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IHS Maritimeweb site
OCTOBER 26, 2017
  • Acciona sells Trasmediterranea to Naviera Armas
  • Turkish sanctions threaten to disrupt Crimea shipping
  • DNB, Nordea report fall in shipping impairment charges
  • German LNG terminal seeks investors
  • Korea Line Corporation books two VLOCs from Hyundai HI
  • Singapore a middle-ground option for maritime arbitration in Asia
  • Leading PCTC shipowners adapt for the future
  • Refund guarantees for STX O&S pending due diligence, says KDB

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The Loadstarweb site
OCTOBER 26, 2017
  • ANALYSIS - after a stellar third-quarter, is DSV building up a new M&A warchest?
  • Sebastian Scholte and Steven Polmans take the reins at TIACA
  • Ex-Etihad cargo chief David Kerr named as the new chief executive of CargoLogicAir
  • Strong Q3 for DSV improves profit expectations as UTi benefits grow
  • South Korean shipyards in tough battle with undercutting Chinese rivals
  • Cargo earning its keep at Heathrow as volumes grow 10% and boost revenue
  • Improved third quarter result revives Echo profit hopes, as rising costs bite
  • No rally to $70 a barrel for oil this year
  • Near-shoring gains traction as globalisation stalls
  • New Delta-Virgin Heathrow Pharma Zone gets off to a cool start

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Marine Logweb site
OCTOBER 26, 2017
  • TOTE role in Puerto Rico includes support for Monica Puig initiative
  • Survey respondents see vessel operating costs as set to rise
  • Administration plans largest ever offshore oil and gas lease sale
  • Incat Crowther marks 500 vessel milestone
  • MAIB issues report on grounding of ultra large containership
  • Liberia adds more features to Waypoint web portal

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Lloyd's Listweb site
OCTOBER 26, 2017
  • Daily Briefing
    Hijack ship costs are subject to general average, the Supreme Court has ruled
  • Best in shipping lauded at 2017 Lloyd's List Asia Pacific Awards
    Seafarer award winner recognised for successful rescue in rough seas while Lifetime Achievement goes to industry veteran who transformed shipmanager...
  • NuStar allows Trafigura's loading of PDVSA crude from Caribbean storage
    Termination of business relationship between NuStar and PDVSA would have hurt the troubled national oil firm
  • $30m giveaway is a smart tactic, Britannia P&I insists
    Loss ratio-boosting move may be followed by others, Rodgers says
  • Spike in operating costs predicted in 2017 and 2018
    Owners and managers anticipate higher costs after a drop in 2016
  • Wartsila posts record scrubber order intake ahead of sulphur cap
    Marine chief foresees ballast system manufacturer consolidation as company pursues digitalisation benefits
  • Drewry predicts $230m operating losses for spot LNG fleet in 2017
    Rise in spot rates cannot bring owners back to profitability
  • North American ports set for bumper 2017
    Demand for containerised trade soars as US and Canadian economies blossom
  • Inmarsat says no threat from discontinued satellite platform
    Vulnerability would have had little impact and system has now been discontinued
  • Top two Scandinavian banks cut shipping losses in third quarter
    Optimism prevails in Oslo
  • CMES net profit down 60.3% on weaker tanker earnings
    Gross profit from tanker business plunges 47% to $135m
  • Influence and speed
    A report by Dutch consultants CE Delft seems to be suggesting that only by substantially reducing the world fleet's sailing...
  • Panama Canal Authority unveils emissions calculator
    Tool will help shipping industry gauge emissions levels and reduce vessels' carbon footprint
  • Angelicoussis unit firms up two newcastlemax orders with Shanghai Waigaoqiao
    Brokers suggested a price of about $47.5m per vessel
  • HHI scores orders for two bulk carriers worth $168m from Korea Line
    The vessels are expected to be delivered by March 15, 2020
  • Container shipping consolidation may lead to oligopolistic structures
    Regulators should revisit rules governing consortiums and alliances to prevent market power abuse, says UNCTAD report
  • Japan to introduce registration system for shipmanagement firms
    Under the new system, shipmanagement firms will be able to register themselves at the ministry
  • Thailand to be a key driver of future LNG trade
    Country has plans to double its regasification capacity over the next 10 years
  • Seoul lawmaker claims Hanjin Shipping was a victim of the latest political scandal
    Hanjin was left to collapse because its chairman did not provide enough support to the former president's aide, review by...
  • Asto Telematics and CIMC establish smart container joint venture
    Both are looking to expand their sales volumes via the joint venture
  • GulfNav profit drops fourfold on lower liability writeback gains
    Group receives shareholder approval for $250m Islamic bond offering to pay down debt
  • Vitol exercises options for two more VLGCs at HHI
    Move comes after two firm orders previously made at yard
  • Milaha net profit halved amid weakness in shipping and offshore
    GROUP continues to manage costs and explore new growth opportunities

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The Journal of Commerceweb site
OCTOBER 26, 2017
  • Russian rail rates spike on car shortage
  • Savannah's rail project promises faster transits inland
  • Expect another year of solid demand, air freight heads say
  • European airlines stand by as US-Gulf open skies dispute heats up
  • Rhenus opens double-hubs to handle growing Europe volume
  • Bangladesh wins $1.2B loan for trade corridor development
  • ICTSI to double capacity at Iraq's main gateway
  • Growing air and ocean business leads DSV to solid third quarter

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TradeWindsweb site
OCTOBER 26, 2017
  • Belships earnings jump amid higher revenue
    Profit for Oslo-listed dry-bulk firm increases almost four-fold as it maintains healthy charter book.
  • Shareholders to vote on Teekay Tankers-TIL merger deal
    Votes to determine whether Teekay Corp daughter companies will be able to combine into force in midsize tankers.
  • Grimaldi quits Hellenic Seaways in ships-for-shares deal
    Italian owner admits defeat in takeover tussle and exits investment in company.
  • D'Amico enters new territory with LR1 trio launch at Hyundai Vinsahin
    Paolo d'Amico discusses a vast newbuilding project that has rejuvenated the fleet of Milan-listed owner and taken it into a new area of the product market
  • Restis forges deeper ties with Feidakis via Globus
    Stake in dry bulk player extends close relationship between Restis and Feidakis that stretches back more than a decade
  • Dingheng stainless-steel orders 'could grow to 100'
    Big shipowning companies such as Stolt-Nielsen and Sinochem are not going to renew the small chemical fleet, says Chinese shipowner Li Duozhu - so he intends to do it himself
  • Wide-beam vessels carry premium in flat charter market
  • CMA CGM named buyer of former Hansa Treuhand duo
  • Lorentzen Skibs picks up 14-year-old containership
  • Boxship rally too late for former Buss ships
  • Are 50,000-teu monsters a dream or nightmare?
    Consultant McKinsey & Co argues such mega-vessels are 'not unthinkable in the next half century', but not everybody is convinced
  • APL boxships to resume welcoming passengers
  • Global players submit bids for Statoil LPG newbuild tender
  • Engie review puts LNG assets in shop window
  • LNG spot rates not set to improve until 2019
    Drewry forecasts another year in the doldrums for LNG shipowners after losses in 2017.
  • Total opens bids for new large LNG bunker vessel
    But progress on the business will likely hinge on decisions currently being pondered by large containership operators
  • Kassian Maritime tipped likely buyer of Hong Xiang's last ship
  • Z&G Halcoussis makes first order in seven years
  • Empire trims bulker fleet again with sale
    Stamatis Molaris-led shipowner makes gain on sale to Densay of handysize ship.
  • Celsius linked to ultramax quintet as it flips dry pair
    Brokers say Jeppe Jensen's outfit could pay in excess of $100m for five bulkers

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American Shipperweb site
OCTOBER 26, 2017
  • Futuristic logistics concepts industry's best hope for infrastructure investment?
    Much of the policy discussion underlying the 2016 U.S. presidential campaign can be traced to a single issue: jobs. While this topic is eve...
  • House reps unveil federal port driver protection legislation
    U.S. House Reps. Grace Napolitano, D-Calif., and Jerrold Nadler, D-N.Y., on Oct. 26 announced legislation they say would ensure that truck ...
  • ODFL net income, revenues soar in Q3
    Old Dominion Freight Line (ODFL) posted a net income of $102 million, up 19.6 percent compared to the same period in 2016. The less-than-t...
  • Norfolk Southern earnings rise 10% in Q3 2017
    Virginia-based Class I railroad operator Norfolk Southern Corp. reported third quarter net income $506 million, up 10 percent compared to t...
  • CSX changes keep rolling with executive management shake-ups
    Jacksonville, Fla.-based Class I railroad CSX Corp. has hired a new chief operating officer to take on the responsibilities of two executiv...
  • Pilot launches new ground, air cargo transport offerings to Mexico
    Transportation and logistics service provider Pilot Freight Services has launched its new ground cargo transport service between the U.S. a...
  • UPS profits slip in Q3 despite rising revenues
    UPS posted a net profit of 1.2 billion in the third quarter of 2017 on revenues of $15.9 billion, according to the company's most recent fi...
  • Logistically to use SMC3 rate, transit time tools
    The cloud-based transportation management system (TMS) provider Logistically has integrated less-than-truckload (LTL) rating and transit ti...
  • Commerce finds steel wire rod dumped on U.S. market
    The Commerce Department haspreliminarily determined that steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine and t...

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The Bunker Bulletinweb site
OCTOBER 26, 2017
  • ARA fuel oil stocks rise 77,000 mt on delayed VLCC loading: data
    Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub rose 77,000 mt in the week ended Wednesday to 1.334 million mt
  • Fuel oil blendstocks face glut in Med on reduced Russian M-100 exports
    The drop in volumes of Mazut-100 exported from Russian Black Sea to the Mediterranean in October has slashed demand for the blend stocks needed to produce on-spec marine fuel oil.
  • UPDATE: St. Petersburg MGO differential at seven-month low as demand weakens
    Marine gasoil in St. Petersburg sank to a seven-month low against benchmark ICE low sulfur gasoil futures Wednesday
  • Novorossiisk bunkers' discount to Istanbul widens amid divided market forces
    S&P Global Platts assessed 380 fuel oil at the Russian Black Sea port at $357/mt delivered Wednesday, $37/mt below the level at Istanbul.
  • St Petersburg MGO differential at 7-month low as demand weakens
  • External: Wired Bunkering
  • Ukraine's Milestone Shipping seeks damages against Patriot vessel owner
    The company is claiming $208,000, an estimated value of the bunker fuel onboard the dry bulk carrier.
  • SOUTH KOREA DATA: Sep oil products demand up 3% on year at 2.57 mil b/d
    Driven by firm demand for transportation fuels amid a continuing decline in Bunker-C fuel consumption.
  • CHINA DATA: Sep residual fuel imports fall 4% on month to 1.56 mil mt
    China imported 1.13 million mt of fuel oil in September, down 16.4% from August.
  • ASIA FUEL OIL MOC: Fuel oil loadings concluded for 2.265 mil mt traded in Sep
    RMG accounted for the bulk of the traded volume at 1.925 million mt.
  • FUTURES: Crude steady following mixed US oil inventory data




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