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22 February 2019 The on-line newspaper devoted to the world of transports 21:18 GMT+1

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Sched Netweb site
FEBRUARY 2, 2018
  • Cosco anticipates 2017 earnings will triple to US$205 million
  • Hapag-Lloyd scraps seven old UASC box ships to keep fleet young
  • Hapag-Lloyd to call at Mombasa, Dar in a new Africa service
  • Japanese Big Three start new joint venture ONE in good financial shape
  • US Army Corps gives green light to Virginia harbour dredging
  • CMA CGM receives first of three 20,600-TEU box ships on order
  • Maersk take-over makes Hamburg Sud drop VSA, rejig Americas loops
  • Mozambique's Maputo up 22pc to 18.2 million tonnes in 2017
  • IMF predicts global economic output in 2018 to beat 2017
  • 'K' Line, NYK, Toyota and Chubu Electric boost LNG short sea use
  • Gothenburg docker strife persists, diverting ships, cargo to Stockholm
  • NYK strikes charter deal with unit of French electric company
  • Animal transporter ARK sues PANYNJ over contract breach at JFK
  • Shenzhen's SF Express deploys drones in PLA military drills
  • Walmart, Japan's Ratuken tie up in online grocery delivery deal
  • DHL presents 'barometer' to predict demand for global air-sea cargo

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Exim Indiaweb site
FEBRUARY 1, 2018
  • NYK concludes charter agreement for LNG carrier
  • JNPT introduces transparent & people-friendly PAPs policy
  • Paradip Port Trust sets monthly volume record in Jan.
  • PSA's Bharat Mumbai Container Terminals at JN Port to commence operations today
  • 'Continued focus on in-country infrastructure development will help connect smaller producers in India to global markets'
  • 'Single window clearance digital platform for stakeholders across the supply chain spectrum will enable them to consolidate their market competencies'
  • A well-balanced & positive Budget
  • E-waybill seen bringing greater transparency & enabling hassle-free movement of goods
  • National Logistics Portal to be developed, announces Finance Minister
  • Budget increases allocation for infrastructure
  • Highlights of Budget 2018-19

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International Transport Journalweb site
FEBRUARY 2, 2018
  • Hector restructuring
  • Tool to simplify US-Canada cross-border shipping
  • Cape Town runway project cleared for take-off
  • Team Germany ready to go for gold
  • Rotterdam up in the cloud with IBM
  • Torwegge enlarging facilities
  • Arpin's back-up for China office
  • Europa's management conference sets pace for 2018
  • Jadeweserport to act as spare parts logistics hub
  • Louisville airport welcomes new executive director
  • Major US railroad to extend transcon routes
  • Lufthansa Cargo puts outsized car in Eurowings' belly
  • Booking & more made easy with smartphone & co
  • Normandy ports steady in 2017
  • Westlake Tyres inks pact with TIP Trailer Services
  • Hellmann's advisory board complete
  • Hapag-Lloyd's North America region in new hands
  • Cargojet starts new transcontinental services

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IHS Maritimeweb site
FEBRUARY 1, 2018
  • More US-flag ships found substandard post-El Faro
  • Peter Döhle and Costamare merge chartering operations
  • AI-powered navigation tool launched to reduce human error on the bridge
  • Shortsea carrier Scotline goes ordering for fleet renewal
  • Chemical tanker recovery more likely in 2019, Stolt-Nielsen says
  • DOF moves to the final part of restructuring programme
  • ONE shipping alliance opens for business
  • Handysize excluded in updated Baltic Dry Index
  • Waigaoqiao shipyard receives Newcastlemax orders from Foremost Group
  • HMM wins shipping contract from GS Caltex
  • DSME offloads subsidiary DeWind
  • Belgium launches decarbonisation think-tank
  • Fukuoka Shipbuilding buys compatriot yard
  • U-Ming wins maiden Vale contract, orders two VLOCs

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The Loadstarweb site
FEBRUARY 1, 2018
  • UPS reports 40% profit swing for 2017 and expects more growth his year following Trump's tax cuts
  • Collaboration in retail logistics the key to competing with the 'gorilla' in the room
  • Maersk and Hamburg Süd revamp Asia-west coast South America service network
  • International business the star performer for ID Logistics last year
  • Air freight hits new records at Durban as volumes and services increase
  • Why cutting spending on your supply chain will cost you more money
  • 'Steady' Mike White becomes the fifth president of CNS in eight years
  • Uffe Ostergaard named successor to Hapag-Lloyd legend Wolfgang Freese

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Marine Logweb site
FEBRUARY 1, 2018
  • VIDEO: NNS installs giant caisson that will speed submarine production
  • Governor Murphy moves to get NJ offshore wind back on track
  • Norway's latest zero emission ferries feature PBES battery systems
  • BAE San Diego wins Navy contracts worth $54.8 million
  • GC Rieber secures three year time charter for Polar Onyx
  • Ship manager to upgrade bulker fleet to Fleet Xpress
  • Another guilty plea in Fat Leonard bribery case
  • Two oil majors announce major U.S. GoM deepwater finds
  • Baltic Exchange tweaks BDI weightings, drops Handysize

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Lloyd's Listweb site
FEBRUARY 1, 2018
  • Container shipping's first dedicated crypto currency launched
    First-stage rollout of a new blockchain application to streamline ocean freight bookings
  • Stolt-Nielsen sees no improvement for chemical tankers until 2019
    Chief executive looks to reduction in orderbook and an improvement in supply-demand fundamentals
  • Dorian LPG agrees lease financing amid newbuilding worries
    New York-listed VLGC owner stays in the black on strong operating performance last quarter
  • UK publishes review of maritime growth study
    Department for Transport launches Maritime 2050 initiative to plan for long term
  • The Who's Who of Container Shipping
    Power can be defined in so many ways. Is it about money, leadership, risk-taking or - in the shipping industry...
  • Power List 2018: Containers
    Lloyd's List Containers takes a look at those individuals who we think had the most influence on the industry in...
  • UK to boost funding for cadet training, say sources
    Doubling of Smart+ funding to make a 'massive difference' to the supply and demand of British seafarers
  • Daily Briefing
    Companies specialising in initial coin offerings are targeting shipping market participants as potential token buyers, but the ever-growing community of...
  • CSSC Holdings losses raise prospect of delisting
    Risks of delisting warning from Shanghai Stock Exchange mitigated by a proposed cash injection from investors
  • Twenty-twenty dispute resolution: Why and when to mediate
    Early dispute resolution can save time and money
  • Baltic Exchange applies changes to BDI
    New Baltic Dry Index, which will not include handysize, will be weighted according to ratios of time-charter assessments set at...
  • Salvage crews trying to remove oil from Sanchi
    Chinese authorities say decision has yet to be made on whether or not to salvage the sunken tanker
  • Mitsui Engineering & Shipbuilding and Tsuneishi agree business venture
    Companies will jointly explore opportunities to improve vessel design capabilities, cost competitiveness and to score more orders in future
  • Chinese newbuilding price index continues to rise
    But brokers tell shipyards to cherish immediate opportunities rather than pin hopes on owners' continuing appetite
  • ONE starts accepting box shipping service bookings
    ONE, K Line, MOL and NYK will be operating on the same service simultaneously over the transitional period
  • HMM signs 5-year crude oil shipping deal with GS Caltex
    Shipping line will transport 19m tonnes of crude oil from the Middle East to South Korea between July 1 next...
  • Dominion's Cove Point LNG terminal begins production
    US group's facility in Maryland to supply liquefied natural gas to Japanese and Indian energy companies
  • Navios Maritime Midstream Partners favours cleaner fuels over scrubbers
    Tankers outfit reports profits dented by finance costs
  • Japan's NS United reports profit, eyes scrubbers
    The company posted profit attributed to its parent of ¥6.28bn for the nine months to December 31, a 96.2% increase...
  • MPC Container Ships adds another feeder boxship to its fleet
    Purchase of vessel for $10.5m follows deal for two secondhand boxships earlier in the week
  • GasLog Partners posts higher profit for 2017
    Results lifted by addition of two more vessels to its fleet amid stronger-than-expected demand for LNG last year
  • Sea skills for the future
    More commitment needed to help British cadets secure employment on UK-flagged vessels

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The Journal of Commerceweb site
FEBRUARY 1, 2018
  • Amid record volume, Montreal port advances terminal plan
  • Trucker RoadOne targets US Southeast with acquisition
  • Port of Virginia sets date for NIT trucker appointments
  • HMM to offer Chittagong direct service
  • Western Canadian ports, rails flex up after peak season delays
  • Roadrunner says turnaround plan will restore service, profits
  • Belarus eyes becoming major China-Europe cargo hub
  • Maersk calls boost APMT Pipavav, but challenges remain
  • Dutch shippers push state to apply local Schiphol air cargo rule

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TradeWindsweb site
FEBRUARY 1, 2018
  • Landside LNG bunkering coming to Gothenburg
    Skangas has delivered LNG ship-to-ship in the port for the past two years.
  • Land-based LNG bunkering coming to Gothenburg
    Skangas has delivered LNG ship-to-ship in the port for the past two years.
  • Dry bulk 'funeral' inspired Evermore Global Advisors to invest in shipping
    Financial firm's David Marcus discusses the company's shipping bets and how others are now arriving to share in the dry cargo market recovery
  • Port of Corpus Christi VLCC ready by 2021
    Project timeline predicated on approval of dredging budget for next fiscal year.
  • Cobelfret company gets larger slice of Euronav
    Chateauban ups stake in New York-listed tanker owner at least twice in recent months.
  • Kirby benefits from tax reform
    Tank barge owner beats Street consensus but dims 2018 outlook due to expected slowdown in inland business.
  • Clean tankers to turn up this summer, CEOs say
    Long-awaited turnaround in rates still predicated on inventories continuing to decline, fewer newbuildings.
  • Kirby's Q4 benefits from tax reform
    Tank barge owner beats Street consensus but dims 2018 outlook due to expected slowdown in inland business.
  • Eletson bonds down after missed interest payment on $300m debt
  • AMP confirms bulker sale but denies owning it
  • The shipping banks are back, but 'smart capital' will cost
    Lenders have regained their confidence - but gone are the days when relationship bankers could justify hefty loans on paper-thin margins
  • Pyxis hints at further investments following finance deal
    Valentis says Greek MR owner's private shares deal was a winner on two counts, and only one of them is trading liquidity
  • Fredriksen and Troim keep up dry fleet growth
    Rivalry in newcastlemax sector hots up with John Fredriksen's Seatankers inking latest pair in China
  • Restructuring yard's private and state owners scrap over restart
    Qingdao city-owned Huatong Group and former employees are fighting a $600m bid by private Yangfan Group to reopen bankrupt Qingdao Yangfan Shipbuilding
  • Shipping's cryptocurrency pioneers look beyond Bitcoin
    Amid first freight deals using buzz-heavy online currency, vision for industry sees other blockchain-backed financial tools playing a wider role
  • Dry bulk 'funeral' inspired Evermore Global Partners to invest in shipping
    Financial firm's David Marcus discusses the company's shipping bets and how others are now arriving to share in the dry cargo market recovery
  • 'Nibbler' Evermore Global gets a taste for tankers with bites of Frontline
  • Growing irrelevance signals end of TSA after 30 years in existence
    US liner talking shop no longer fit for purpose as transpacific operators eye new solutions to volatile rates
  • Lego's lastest Leviathan is ship in a bottle set
  • Diana extends Hapag-Lloyd tie on panamax
    Ongoing charter of panamax containership comes as rates remain steady over the last 12 months.
  • Songa quietly lifts containership fleet
  • Energy at heart of geopolitics amid Russian gas imports to US
    As the investigation continues into whether Vladimir Putin helped Donald Trump become US president, a Russian LNG cargo helps Boston stay warm as energy plays role as a political weapon
  • FLNG and floating regas-to-power set to keep new chief busy
  • Majority of cold-stacked OSVs face being frozen out of market
    Pareto's Synnove Gjonnes whittles down the daunting list of 1,100 cold-stacked OSVs to about 450 ships that may come back - but only if the market normalises
  • PSD 2 crew continues fight for unpaid wages
  • Trump effect scuttles promise of Obama's signature deal with Iran
    The Iran nuclear deal sought to relax sanctions, but North Of England P&I Club deputy global claims director Mike Salthouse fears its days may be numbered
  • PHP slams NGO Shipbreaking Platform yard claims
  • Sanchi probe hopes 'black box' will lift lid on voyage
    Fears mount that voyage data and voice recordings will be limited as stricken vessel was fitted with first-generation recorder
  • Green beach bin adds fun to throwing rubbish away
  • Dynacom denies VLCC demolition sale
  • DHT Holdings lands period charters for pair of VLCCs
    Two crude tankers find one-year time charters on 'well-balanced' terms with oil majors
  • Champion bareboat charters bring MR tally to 21
  • Ex-Enzian chief Grunder linked to new tanker outfit
    Name of former Enzian boss on new German tanker company as Swiss operation put into liquidation
  • MOL wing pays healthy rate as MRs lead clean period charters
  • Avin purchases Ancora Investment suezmax
  • Allseas ends tanker hiatus with modern suezmax duo
    Bodouroglou company ends 12-year absence from sector by acquiring RS Tankers' last vessels
  • New Greek player appears on dry bulk horizon
    Despite growing consolidation in Greek shipping market, upstart ventures keep sprouting
  • Investors to take haircut on Orion bulker bought in boom
  • Ovenstone puts small MPP vessel on the auction block
  • Lorentzen set to reap rich rewards on sale of bulker
    Investors linked to the Oslo-based company confirm they are selling the second of three handysize vessels to take advantage of the rising valuations
  • GoodBulk tipped to clear out older capesize tonnage
    New York-listing hopeful secures speedy profit from oldest bulker with two secondhand sisterships said to be up for sale
  • Costamare and Peter Dohle kick off Blue Net Chartering
    One of worlds largest boxship tonnage provider today formed by two respected names.
  • Ticker tape greets Torm team in Times Square
    Product tanker giant celebrates its arrival as a US public company fresh from $100m fundraiser.

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American Shipperweb site
FEBRUARY 1, 2018
  • EUROGATE's box volumes slip in 2017
    EUROGATE handled 14.41 million TEUs in 2017, slipping 1.4 percent from 2016, according to figures released by the container terminal operat...
  • Port of Rotterdam full speed ahead on digitization
    The Port of Rotterdam Authority has teamed up with IBM on a multi-year digitization initiative to transform the port's operational environm...
  • Companies unveil emissions reduction technologies near Port of LA
    Two emerging technologies - one geared toward reducing emissions of airport equipment and the other that could curtail emissions from draya...
  • Executive Moves: U.S. Chamber of Commerce, Hoyer Group, CEVA and CSafe Global

    Source: Pressmaster/Shutterstock U.S. Chamber of Commerce adds two to International Affairs division; Hoyer Group appoints chief financial o...
  • HMM inks $177m contract with South Korean oil refiner
    Hyundai Merchant Marine (HMM), South Korea's largest ocean carrier, signed a long-term crude oil shipping contract today with GS Caltex, an...
  • Knight-Swift reports 'encouraging' Q4 2017 results
    Knight-Swift Transportation Holdings Inc., the new parent company formed from the $6 billion merger of Phoenix-based trucking giants Knight...
  • ONE officially begins accepting bookings today
    Ocean Network Express Pte. Ltd. (ONE), the newly merged entity that brings together the container shipping divisions of Japan's three large...
  • Trade organizations voice support for Trump's infrastructure plan
    Trade organizations representing seaport authorities, truckers and soybean farmers have all weighed in on President Donald Trump's comments...
  • Miles named director for Port of Indiana-Jeffersonville
    Jeff Miles, who recently worked as a senior executive with the North Carolina State Ports Authority, has been picked to serve as director o...

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The Bunker Bulletinweb site
FEBRUARY 1, 2018
  • Oil rises as dollar stays weak, Goldman sees upside
    Oil futures rose Thursday, pushing NYMEX crude $1.07 higher to $65.80/b, with the dollar still in the doldrums and Goldman Sachs forecasting a big rally in oil prices over the next six months.
  • Gibraltar bunkering resumes as weather improves: port authority
    Bunkering operations at the port of Gibraltar resumed Wednesday night.
  • IMO sulfur cap 'continues to cause headaches' for industry in lead-up to 2020: Panellists
    The impending sulfur cap on marine fuels as of 2020, imposed by the International Maritime Organization, continues to cause headaches for the bunker industry with only two years left to compliance.
  • US DATA: EIA says November fuel oil imports highest since July
    US imports of fuel oil in November increased by more than 40% compared with October.
  • US DATA: EIA says November residual fuel oil exports to Panama up 53.85% on year
    US residual fuel oil exports to Panama totaled 500,000 barrels in November, up 53.85% from 325,000 barrels in the same month a year earlier.
  • IFO 380 CST prices in the Americas rise to start 2018 on higher Brent, fuel oil
  • TANKERS: Hyundai Merchant Marine, GS Caltex ink $178-mil shipping deal
    Under the deal, HMM will transport 19 million mt of crude from the Middle East to South Korea over a five-year period from July 1, 2019.
  • TANKERS: Saudi Arabia's Bahri takes delivery of latest VLCC
    The Lawhah is the second of five VLCCs to be received this year from the South Korean shipbuilder.
  • Diesel, middle distillates fundamental to oil demand growth: Gunvor
    High maintenance globally in 2018 for the Middle East, Europe, US will cause demand for crude to dip in the first half of the year, Fyfe said.
  • Bunker supplier Aegean faces pressure to reshuffle board amid challenges
    The shareholder group has nominated Raymond Bartoszek, Donald Moore, David Kirshner and Tyler Baron to the board.
  • TANKERS: Americas freight rates move inversely to rising bunker fuel prices
    Reduced speeds can be negotiated on charter parties for laden voyages and thereby reduce bunker fuel consumption.
  • FUTURES: Crude holds steady after EIA posts build in US stocks
    "If the [crude oil] inventory continues building on from here, it will be a cause for concern," said Janu Chan, senior economist at St George Bank.
  • REFINERY NEWS: Japan's JXTG shuts Marifu CDU for turnaround until early Mar
    This is a scheduled turnaround.

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