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20 October 2018 The on-line newspaper devoted to the world of transports 12:24 GMT+2

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Sched Netweb site
JANUARY 2, 2018
  • Russia's Novorossiysk seaport changes mooring procedures
  • Wan Hai teams up with 4 carriers to offer east China-India service
  • New Taiwan Strait shipping route opens between Fujian and Taipei
  • Global fleet of 14,000-TEUers plus to swell to 200 by end of 2018
  • London's Tilbury Dock seeks consent to build a new terminal
  • Sweden's Gavle port to expand facilities to container capacity
  • 4th Annual Logistics Symposium from March 7-10 in Singapore
  • Iran to add 10 ships to fleet, including four 14,000-TEUers
  • Sri Lanka port sector handles over six million TEU in 2017
  • Jacksonville's JAXPORT volume up 19pc to 204,492 TEU in FY2018
  • North American intermodal rail up 13.7pc week ending December 23
  • Harbor Freight breaks ground on million square foot Carolina DC
  • Canadian National to buy 200 locomotives from General Electric
  • Wuhan to be China-wide air cargo centre for express delivery firms
  • AXXUS Capital to build new cargo centre at Copenhagen Airport
  • ABC oversees movements of special cargo by establishing control tower
  • Air cargo security equipment market to hit US$28.7 million: report

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Exim Indiaweb site
JANUARY 1, 2018
  • Five lines to jointly operate new China-India Service III beginning this month
  • IMO assisting countries with highest number of stowaway incidents
  • Maersk Line introduces new option to help customers request import invoices easily
  • OOCL moves forward with next phase of OCEAN Alliance products to better serve customers
  • Sangeeta Sharma assumes charge as SCI's Director for Liner & Passenger Services
  • Yang Ming announces new Asia Subcontinent Express service
  • 2017 was a year of consolidation, says Ministry of Shipping
  • Deendayal Port Trust organising investor conferences in Gandhidham & Ahmedabad to woo investors for Smart Industrial Port City Kandla
  • Major Ports' capacities re-rated, says MoS
  • Many projects underway to link Major Ports to National Highways
  • deugro Projects (India) emerges winner at D&B SME Business Excellence Awards 2017
  • Mumbai-Kabul air freight corridor inaugurated
  • Extension of date for filing return in FORM GSTR-1
  • Govt cautions people against risks in investing in virtual currencies

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IHS Maritimeweb site
DECEMBER 29, 2017
  • Marubeni and PTT plan LNG bunkering in Thailand's Laem Chabang
  • Korea Line Corporation aims to acquire Chang Myung Shipping
  • Outlook 2018: Understanding technology's siren songv
  • CDB Leasing orders five Newcastlemax vessels for USD231 million
  • Triyards faces USD162.5 million full-year loss with contract cancellations
  • Minister visits STX O&S, Sungdong to discuss restructuring
  • Samsung HI hits 2017 target with LNG carrier order
  • Outlook 2018: Cyber attacks remain a major threat
  • Outlook 2018: Insurers brace for a stormy future

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Marine Logweb site
DECEMBER 29, 2017
  • BSEE seeks changes to rules put in place after Deepwater Horizon
  • Crowley Maritime makes management changes
  • Hong Kong flag ship suspected of breaking North Korea sanctions
  • California issues reminder on biofouling management
  • Triyards says buyer terminates two chemical tanker contracts

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Lloyd's Listweb site
DECEMBER 29, 2017
  • Carriers target transpacific rate gains ahead of contracting season
    However, Asia-US spot rates could see further losses before benefiting from a pre-Chinese New Year volume surge
  • ACL ends Gothenburg calls after 50 years
    Declining freight rates and poor productivity at Sweden's biggest port see carrier drop Scandinavian calls for first time
  • The shippers' champion on taming the alliances
    The FMC's William Doyle reflects on five years of keeping carriers in line for the sake of US interests
  • Piraeus Port Authority signs collective agreement with union
    The new labour agreements are valid for two years
  • Yang Ming incorporates Thailand unit amid Asia expansion
    Government-backed shipping line's new subsidiary to commence operations on January 1, 2018
  • Shipbuilding contract cancellations weigh on Triyards results
    Contracts to construct two chemical tankers had been worth $51m
  • CDB Leasing orders five newcastlemaxes for $231m
    Vessels are scheduled to be delivered between June 30, 2020 and February 28, 2021
  • Court clears Hanjin-affiliated university head of professional negligence
    The prosecutors' office failed to prove Ms Choi intended to damage the university's endowment fund
  • Samsung Heavy Industries set to win $200m order for an LNG carrier
    Incoming deal takes the shipbuilder well past its $6.5bn order target for the year
  • Marubeni and PTT considering LNG bunkering port in Thailand
    The bunkering project will complement an LNG-receiving terminal at Map Ta Phut
  • Flex LNG secures employment for newbuild with Uniper
    Vessel to begin its 15 to 18-month time charter immediately upon delivery in January 2018
  • Star Bulk to restart debt principal repayments in January
    Move comes amid recovery in dry bulk market conditions and the company's business
  • MSC wins Chinese financing for mega boxships built in South Korea
    Financing for the $1.5bn order takes shape as MSC confirms nominal ship size at a record 23,000 teu

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The Journal of Commerceweb site
DECEMBER 29, 2017
  • East-west spot rates jump into 2018
  • US container shipping's conundrum - the chassis
  • Intra-Asia outlook: Even more competition
  • Asia-Europe 2018: Three space scenarios

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TradeWindsweb site
DECEMBER 29, 2017
  • OSG ends agreement with bank to handle debt
    US tanker owner will pay principal and interest on $26.4m in senior notes maturing March 2018.
  • GSCC mourns John D Fafalios
    Long-standing member of Greek Shipping Co-operation Committee dies.
  • Sources pour cold water on reports of Genco bulker sales
    Broker reports say shipowner has fetched $14m for brace of late 1990s-built ships.
  • Pan-United wins support for Hong Kong port spin-off
    Singapore-listed firm moves ahead with Xinghua Port float in rival finance hub.
  • Vogemann bulker heads for new owner
    Brokers say 2011-built vessel has been sold for just shy of $15m.
  • Cosco Shipping Energy adds Dacks VLCC pair
    Order comes in addition to the 15 tanker haul during the fourth quarter.
  • Glencore banks $579m from HNA storage deal
    Further cash due to arrive next year when three more assets transfer to new joint venture.
  • Suezmax brace bound for Bangladesh beach
    Former Teekay tankers are also turning up off Chittagong awaiting scrap.
  • Flex LNG fixes first newbuild with three-vessel cheque in post
    John Fredriksen-backed company inks work for vessel due out of DSME in January.
  • Ocean Yield set for fresh deal amid rising industry appetite
    Lars Solbakken says talks relatively advanced at a time owners are looking for new investments.
  • Marubeni eyes Thai LNG bunkering facility
    Japanese trading house teams up with country's national oil company for feasibility study.
  • Triyards sees chemical tanker order terminated
    Struggling shipbuilding group says it has lost $51m newbuilding deal and it finally posts results.
  • Northern Drilling exercises floater option
    John Fredriksen drilling start-up to pay $400m for deep-water rig under construction at Hyundai Heavy Industries.
  • Star Bulk ends debt amortization holidays early
    Petros Pappas-led owner to resume payments in the New Year on the back of improving markets.
  • Sincere Industrial linked to handysize sale
    Taiwanese bulker owner continues offloading tonnage despite improving markets.

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American Shipperweb site
DECEMBER 29, 2017
  • Commerce downgrades Q3 2017 U.S. GDP estimate
    The Department of Commerce's Bureau of Economic Analysis (BEA) has downgraded its third quarter 2017 estimate for U.S. gross domestic produ...
  • Is 2018 the year shipping technology becomes self-aware?
    There's a sentiment in the shipping and logistics industry that's uttered so often it has almost been accepted as fact through sheer repeti...
  • ELD mandate off to a bumpy start for some drivers
    The federal rule that went into effect earlier this month requiring truckers to electronically log their hours behind the wheel has already...
  • Port of NY/NJ ban on older trucks begins next week
    Beginning Jan. 1, drayage trucks with engines that were built prior to 1995 will be banned from entering the Port of New York and New Jerse...
  • YRDL to acquire Wuhan Economic Development Port Co.
    International infrastructure company Yangtze River Development Ltd. (YRDL), which engages in industrial and logistics real estate developme...
  • U.S., South Korea to begin KORUS amendment negotiations Jan. 5
    The United States and South Korea on Jan. 5 will begin to negotiate amendments to the now nearly six-year-old free trade agreement between ...

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The Bunker Bulletinweb site
DECEMBER 29, 2017
  • IFO 380 CST prices in the Americas jump year-over-year on tight supplies
    Bunker prices in the Americas ended up year over year Friday following the movement of fuel oil prices.
  • Oil futures end year with NYMEX crude above $60/b
    Prompt NYMEX crude rose 58 cents Friday to $60.42/b, settling above $60/b for the first time since June 2015.
  • OUTLOOK 2018: Brent/WTI spread widening proves durable, but contraction likely
    Path of US production key determinant for spread.
  • ARA fuel oil stocks hit four-month low on VLCC loading: PJK
    Fuel oil stocks at the Amsterdam-Rotterdam-Antwerp hub fell 29% in the final week of December.
  • Bunkering operations at Malta hampered by bad weather: sources
    Bunkering operations at Malta have been hampered by bad weather.
  • Panama's November marine diesel sales rise 35% on year
    Marine diesel fuel sales in Panama totaled 31,532 mt in November, up 8,178 mt, or 35%, from 23,354 mt in the year-ago month.
  • Hong Kong's Brightoil Petroleum taking steps to meet resumption of trading

    These include disclosing the findings of the forensic investigation and taking remedial action.
  • Singapore's onshore middle distillates stocks hit 3-year low
    Moving the benchmark to 10 ppm in January may have contributed to low stock level.
  • 2018 Europe fuel oil freight seen under pressure from accepting older ships
    Decision to accept vessels up to 18 years will add to oversupply.

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