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20 February 2018 The on-line newspaper devoted to the world of transports 20:28 GMT+1




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Sched Netweb site
FEBRUARY 1, 2018
  • Hong Kong HIT remotely controls box movements at Container Terminal 9
  • 'K' Line back in black as revenues rise 16pc to US$7.8 billion, boxes get credit
  • NYK back in black as sales rise 15.3pc to US$228.3 million, boxes get credit
  • Barcelona up 32.2pc to 2.9 million TEU, transshipments soar 137pc
  • PSA Mumbai mired in inter-terminal cost squabbles on JNPT rail use
  • Feeder shipping on a roll as intra-regional traffic grows
  • Transpac, Asia-Europe backhaul to lose 5m TEU from China's waste ban
  • Drewry's Global Reefer Freight Rate Index up for 4 straight quarters
  • APM Terminals takes over reefer terminal at Genoa-Savona port
  • Halifax up 16pc to 559,242 TEU, beats 2005 record of 550,462 TEU
  • Port of Cork volumes increase 3.7pc to 217,763 TEU in 2017
  • US soybeans headed for China pioneer agribiz blockchain trade
  • India's domestic air cargo up 10.2pc, international soars 19pc
  • Aviation welcomes African AU open skies pact, but not all sign on
  • Boeing's new 787 Dreamliner gains approval before government shutdown
  • Lufthansa ups freighters to Japan with 2 weekly Osaka flights
  • Dutch air cargo appeals to state to end crippling slot crisis

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Exim Indiaweb site
JANUARY 31, 2018
  • China's first 20,000-TEU containership delivered
  • Cochin Shipyard forays into fishing vessel construction
  • Drewry's Global Reefer Freight Rate Index increases for 4th consecutive quarter
  • Hamburg Süd announces new services between West Coast South & Central America & Asia
  • Hapag-Lloyd sails to east coast of Africa for first time with new service
  • J. M. Baxi wins MANSA-organised cricket tournament
  • APM Terminals Pipavav shows improved quarter-on-quarter performance
  • JNPT bags prize at 20th All India Major Ports Cultural Meet 2017-18
  • Krishnapatnam Port - Pre-Budget expectations
  • Port of Long Beach has busiest year ever in 2017
  • Samir J. Shah conferred "World Customs Organization (WCO) Certificate of Merit" for contribution to international Customs community

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International Transport Journalweb site
FEBRUARY 1, 2018
  • Palestine and Qatar accede to TIR
  • Funds collected for California (drone) dreaming
  • Ceva picks new boss for the North
  • JV opens new container yard
  • Papua New Guinea: ICTSI operations start
  • A step forward to Ganga as a transport mode
  • How to attract flying heroes
  • Wage dumping dispute in Ticino
  • Autonomous haul trucks achieve milestone
  • Hamburg Süd with sole partner on ASPA and ASCA
  • CCA welcomes Mauroux to the board
  • Iata looks back on very positive year for freight
  • China services set to double
  • Quiver full of changes in K Line's management team
  • Gebrüder Weiss banking on automobile industry
  • Finnlines working on vessel shape

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IHS Maritimeweb site
JANUARY 31, 2018
  • Strike threatens Colombia's Puerto Bolivar
  • Maritime market will not see huge improvement in 2018, Wärtsilä says
  • Eurogate sees volumes slip following alliance rejig
  • Fruit traders invest in ships again
  • Navios Maritime Containers expects stronger rates in 2019
  • Rotterdam aims to be world's 'smartest' port
  • CSSC under threat of delisting as profit warning issued
  • Higher earnings for Japan's 'big three' shipping lines
  • SK Shipping chooses DSIC for Vale ore carriers
  • Evergas LPG tanker fetches USD745/ldt in scrap sale
  • ReefVival - restoring marine ecology with 3D printing

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The Loadstarweb site
JANUARY 31, 2018
  • Fourth-quarter rebound fails to reverse full-year profit decline at CH Robinson
  • Cheaper and easier: Asia Pacific the next hot-spot for e-commerce delivery
  • TEU tokens - first cryptocurrency for container shipping is launched
  • K Line slips back into the red, but NYK and MOL remain in calmer waters
  • HQ2 Hunger Games: meet your tributes
  • Shipping tech bubble talk emerges
  • CEVA appoints Eddie Aston to succeed Michael O'Donoghue as head of UK, Ireland and Nordics
  • IATA: 2017 air freight's strongest year of growth since 2010
  • Taylor Oliver to head new Flexport office in Chicago, as it eyes expansion

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Marine Logweb site
JANUARY 31, 2018
  • Vigor to build pioneering wave energy converter buoy
  • Danish pilotage agency opts for Saab dispatch solution
  • Master Marine delivers fleet boat to Waterfront Services
  • Wärtsilä CEO: We might take a look at acquiring Rolls-Royce marine biz
  • New York unveils Offshore Wind Master Plan
  • Rand Logistics files for Chapter 11 bankruptcy

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Lloyd's Listweb site
JANUARY 31, 2018
  • East-of-Suez outperforms Atlantic in weak product tanker trades
    Pre-Chinese New Year fixtures to provide short-term lift in Middle East
  • Capital Product Partners posts lower profit
    US-listed tanker company has sold one vessel while acquiring a more modern carrier
  • Maersk Line and Hamburg Süd rationalise Asia-South America offering
    Duo announce revamped services as part of carrier integration
  • Are you free to talk?
    Freedom of speech should be a consideration when choosing your maritime hub
  • Navigator joins Enterprise for new ethylene export terminal on US Gulf
    The new terminal will boost employment for Navigator's fleet of gas carriers
  • Clock is ticking on scrubber installation
    Roger Holm says owners should install scrubbers before 2020 as orders continue to climb
  • Rotterdam and IBM to build port of the future
    Europe's largest container shipping hub teams up with tech giant for digitalisation initiative to create a 'connected, smart' port prepared...
  • Taiwan to implement 0.5% sulphur cap in 2019
    Move comes a year ahead of the International Maritime Organization's mandate to lower the sulphur cap in marine fuels
  • Ship's officers get guidance on harassment
    Booklet promotes gender diversity on board
  • Daily Briefing
    Once blocked from developing a container terminal in Long Beach, Cosco is now within grasp of taking control of the...
  • Brexit impact on international arbitration will be 'zero'
    Speculation that London maritime arbitration awards would become unenforceable in Europe post-Brexit is groundless
  • Will 2018 be the year of shipping Initial Coin Offerings?
    Three ventures want to raise funds to develop blockchain-based systems, but risks could curb investor interest
  • APMT facing home truths over European terminals
    As Danish box port operator tidies up its house, could other facilities follow the same path as Zeebrugge?
  • U-Ming Marine hails 'biggest-yet' contract with 25-year Vale deal
    Contract with Vale worth $600m adds two newbuild very large ore carriers to the recent wave of VLOC orders
  • HHI resumes partial yard operations after safety checks
    The shipbuilder will carry out further safety inspections on its assembly line before it resumes full operations
  • Wärtsilä sees improved outlook for demand in 2018
    More growth opportunities seen in the services business, says chief executive Jaakko Eskola
  • MOL profit jumps on box and dry bulk shipping recovery
    Company estimates profit attributable to its parent to reach $92m for the 2017 fiscal year
  • NYK reports profit on strong liner and dry bulk trade demand
    Management decides to pay a year-end dividend based on better industry prospects
  • K Line returns to profit on the back of global trade recovery
    Japanese group's bottom line has improved but overcapacity remains a challenge
  • Doosan Engine to power DSME-built boxships for MSC
    Engines worth $460m are expected to be delivered by July 2019
  • MPC ContainerShips adds two more vessels to fleet
    Oslo-listed firm purchased the pair of 2,800 teu vessels for $21.8m
  • Hapag-Lloyd scraps seven boxships
    Vessels to be recycled at environmentally sustainable yards in Turkey and China

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The Journal of Commerceweb site
JANUARY 31, 2018
  • NY-NJ port warns rail delays could continue for two weeks
  • Oakland port upgrade - more capacity, improved efficiency
  • Truck firm's Bronx, NY, terminal brings shippers, receivers closer
  • Japanese carriers report profits before new ONE venture
  • Bangladesh explores India air cargo space to sidestep congestion
  • Better infrastructure, lower tariffs push India foreign transhipment lower
  • Air cargo crunch easing possible ahead of Lunar New Year
  • Hamburg Süd launches Asia-west coast South America services

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TradeWindsweb site
JANUARY 31, 2018
  • Cargill terminal strikes may cause ship delays
    Labour action by employees at local crushing mills said to have caused some backups at port.
  • GoodBulk flips capesize for 50% upside
    Clear out of older tonnage comes as Oslo-listed owner takes delivery of bulkers formerly owned by CarVal.
  • SEB's operating profit narrows for fourth quarter
    Full-year earnings before interest and taxes (EBIT) for Stockholm-based bank for shipping and other industries jumped 40% due to better domestic market.
  • Oil CEOs ask Trump to fund VLCC dredging
    Despite Army Corps agreeing to partner on project last year, dredging still needs funding.
  • Jason Marine CEO to retire after 35 years
    Executive chairman Foo Chew Tuck is set to take over for Ronald Tan Lian Huat, who joined the maritime navigation and communication equipment provider in 1983.
  • Oaktree's stake in Torm nears $390m
    Major investor has seen its leading holding in tanker owner inch up after capital raise.
  • GasLog Partners forecasts higher LNG demand
    New York-listed master limited partnership beats estimates for fourth quarter.
  • Artificial intelligence enters e-navigation
    New applications aim to use AI to avoid human error in vessel operations
  • Life insurance mutual takes major Tidewater stake
    Northwestern Mutual reveals it is now the third largest investor in OSV player with near $50m holding.
  • NS United almost doubles profit
    Japanese bulker and LPGC company sees revenue jump over first nine months.
  • Ferry McFerryface to be renamed
    Spoilsport Australian transport minister chooses 'May Gibbs' instead.
  • Capital Product adds MR, sells another
    Marinakis company buys modern vessel from parent as profit falls.
  • Navigator Gas and Enterprise press ahead with ethylene terminal
    Shipowner and partner say project has backing of Flint Hills and Japanese trading house.
  • Greek shipowners boast $100bn fleet
    VesselsValue study places Hellenic owners at the head of the pile ahead of LNG leader Japan.
  • Iino Kaiun profit margin rising
    Lower revenue but better earnings mark first nine months at Japanese owner.
  • BW explains Dorian buy as Lycouris shares M&A thoughts
    Singaporean group points to price incentive while Dorian executive believes consolidation will involve private owners.
  • Wartsila banking on marine improvement
    Shipping technology group's Q4 profit dips, but better times ahead.
  • Credit committees approve Viking restructuring
    Final piece of refinancing jigsaw is in place at Swedish OSV owner.
  • SK Shipping firms up Vale VLOC order
    Brokers say deal for two bulkers has been signed at Dalian Shipbuilding.
  • MPC Container Ships strikes again in S&P market

    Oslo Axess-quoted asset player adds a third ship in two days to take fleet to 44 vessels.
  • U-Ming orders VLOCs for $600m Vale contract
    Taiwanese owner heads to China for big bulkers backed by 25-year COAs.
  • Total sets sights on next target areas for LNG bunkering
    Xavier Pfeuty says it is time for shipowners to reassess the economic case for LNG.
  • Avance Gas VLGC damaged after South Korean prang
    Ship likely to be out of the market for a spell after collision with tanker.
  • Warwick Norman leaves RightShip
    CEO since 2001 finally steps down after 16 years at the helm
  • Eight missing after cargoship sinks
    Chinese navy rescues two men from Mongolian vessel carrying sugar to Korea.
  • Abandoned PSV sinks off Mexico
    Oceanografia ship suffered hull breach in storm.
  • Reborn Phoenix expects big profit jump
    Restructured Chinese bulker owner boosted by better market in 2017.
  • Baltic to push ahead with ejecting handies from BDI
    Exchange to override opposition to only having capesize, panamax and supramax vessels in general shipping index
  • NYK boosted by strong third quarter
    Japanese shipowner sees profit surge by JPY 10bn compared to halfway stage of FY2017.
  • K Line returns to profit on stronger markets
    Japanese shipowner boosted by better performances at most of its major divisions.
  • Containerships help to raise profit at MOL
    But Japanese shipowner's tanker operation hit by weaker markets with profit down nearly 48%.
  • Hapag-Lloyd scraps seven more containerships
    German owner says vessels will be sent for demolition at green yards in Turkey and China.

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American Shipperweb site
JANUARY 31, 2018
  • Linebarger urges KORUS parties to address market access, implementation issues
    Cummins Inc. Chairman and CEO Tom Linebarger, who serves as chairman of Business Roundtable's International Engagement Committee, issued a ...
  • Jawaharlal Nehru Port's fourth terminal opens for business
    Jawaharlal Nehru Port Trust's (JNPT) fourth terminal commenced operations with last week's berthing of CMA CGM's Centaurus , PSA Internatio...
  • Port Houston thrives in 2017
    Port Houston in 2017 recorded the highest total tonnage ever at 38.3 million tons, surpassing the previous record of 37.8 million tons set ...
  • Port of Oakland strives to become first port of call from Asia
    The Port of Oakland is working to supplant the two major Southern California seaports and become the first port of call for some cargo ship...
  • IATA: Airfreight volumes soar 9% in 2017
    Global airfreight demand soared 9 percent year-over-year in 2017, according to the International Air Transport Association (IATA). Global a...
  • Japan's 'Big 3' carriers continue to grow earnings in FY2017
    Japan's three largest ocean shipping companies - Nippon Yusen Kabushiki Kaisha (NYK Line), Mitsui O.S.K. Lines, Ltd. (MOL) and Kawasaki Kis...
  • Officials from NAFTA member countries express support for modernized trade deal
    A former Canadian prime minister, former Mexican commerce secretary, and former U.S. ambassador to Mexico touted the benefits of the North ...
  • Commentary: The data land grab
    The most interesting aspect of the recently announced blockchain initiative between the A.P. Moller-Maersk Group and IBM isn't the technolo...
  • Freese, Hapag-Lloyd's North American president, retires
    Hapag-Lloyd, Germany's largest ocean carrier, said its North America president, Wolfgang Freese, will retire after nearly five decades with...

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The Bunker Bulletinweb site
JANUARY 31, 2018
  • FEATURE: Carbon cap may loom for shippers but sulfur emissions cut commands most attention
    As the shipping and bunker fuel industries scramble to prepare themselves for a looming cut in permitted sulfur levels in marine fuel, the question of how to cope with likely restrictions on other pollutants is also hoving into view.
  • Charterers take advantage of cheap Suezmax freight to send fuel oil to East
    Pressure on Suezmax freight rates have led to a scramble to fix fuel oil cargoes on Suezmaxes to the East.
  • North American bunker prices up despite US fuel oil stock builds
    North American bunker prices ended higher for the week ended January 26 despite US fuel oil stockpile builds during the same period of time.
  • INTERVIEW: Shell sees 'vast majority' of LNG bunkering by barge by 2030
    "I believe this is really the year where we go from niche to mainstream in LNG."
  • External: Wired Bunkering
  • Total plans 20,000 cu m LNG bunker barge for CMA-CGM supply deal
    The deal, due to start in 2020, will see Total supply around 300,000 mt/year of LNG to the shipping company.
  • Tanker owner GulfNav to acquire majority stake in Singapore's Atlantic Navigation
    GulfNav gets an opportunity to expand its fleet and integrate capabilities across the entire services supply chain through this purchase.
  • ExxonMobil says to triple Permian production by 2025, expand transportation infrastructure
    The major's tight oil production, from mainly horizontal wells, is also poised to jump fivefold during the same time frame.
  • FUTURES: Crude futures trade lower in Asian morning
    Market taking a cautious stance till the Energy Information Administration data is released later Wednesday.




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