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17 June 2019 The on-line newspaper devoted to the world of transports 10:41 GMT+2

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Sched Netweb site
JUNE 5, 2018
  • US-China latest trade talks end in deadlock
  • Yang Ming cargo ship loses 83 containers overboard off Australia
  • Wan Hai charters post-panamax vessel from Diana Containerships
  • Stevedoring costs at Russian seaports are expected to rise further
  • Maersk sees auto sector driving trade growth in Mexico for 2018
  • Ottawa to invests US$35.5m in Montreal port roads
  • Sulphur 2020 online tool launched by Lloyd's Register
  • Incheon Airport looks to operate airports in Eastern Europe
  • CEVA and IMS Worldwide to offer foreign trade zone services in US
  • DHL Global Forwarding wins top accolade from Lufthansa Cargo

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Exim Indiaweb site
JUNE 4, 2018
  • AET secures DP2 shuttle tankers with Petrobras
  • BCC&I organises workshop on 'Challenges in the Maritime & Logistics Industry'
  • CMA CGM's Emergency Space Surcharge on Marseille-Tunis trade
  • India's containerised ex-im trade surges in Q1 2018
  • Maersk taps ABS to lead workshop identifying hazards impacting safety on containerships
  • MOL announces delivery of final LNG carrier for SINOPEC LNG transport project
  • Norms relaxed for foreign flag vessels engaged in coastal carriage by sea of agricultural, fisheries, animal husbandry & horticultural commodities
  • SCFI spot rates up in all trades
  • Ship Finance International acquires four large container vessels for long-term time charters
  • Shipbroker liable for fixture error leading to damages in rising market
  • Abu Dhabi Ports launches blockchain technology for trade community
  • Inext Logistics & Supply Chain certified as Authorized Economic Operator-LO

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International Transport Journalweb site
JUNE 5, 2018
  • Making salmon transport easier
  • Canada: Churchill Rail to be restored
  • Port of Bristol upgrades gear
  • DHL and Post Luxembourg don parcel harness
  • Transfer in Hamburg
  • Big step forward for Ethiopian Airlines
  • Taiwan - Europe: new FCL and LCL offer
  • Two new cargo management clients for Leisure Cargo
  • Changes at Toulouse-Blagnac airport
  • K Line greets new VLCC
  • Kuehne + Nagel sign up at Segro Logistics Park
  • How to boost intermodal alpine transits after Rastatt
  • World's fastest car can even fly - with Turkish Cargo
  • New CFO for Ports America
  • Promising first year for MPC
  • Röhlig partnering beverage producer
  • The new choice: France, a partner for your trade...

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IHS Maritimeweb site
JUNE 4, 2018
  • Top Macron aide placed under investigation over MSC links
  • Maritime UK hopes for positive outcome from government consultation
  • Posidonia 2018: Dry bulk owners united in call for slower vessel speeds
  • Posidonia 2018: Liner operators mistaken in ordering large ships, argues panel
  • HMM splits mega ship order among South Korea's 'big three' shipyards
  • MPA awards SGD6 million grant for LNG bunker vessels
  • Mitsui E&S eyes tie-ups with more yards
  • Technological shake-up is focusing maritime minds at Posidonia 2018
  • Wisdom Marine chairman and founder James Lan.

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The Loadstarweb site
JUNE 4, 2018
  • Acquisition-hungry Xpediator boosts sea and air business with Anglia Forwarding takeover
  • DHL invests in India's logistics sector boom with SmarTrucking service
  • New investment gives Seaspan the means to consolidate its top lessor position
  • Mexico's Querétaro attracts freighters to booming auto and aerospace sectors
  • HMM targets 1m teu as it confirms orders for mega-containerships
  • New GPDR laws may be a barrier to the full logistics potential of blockchain
  • China's YTO Cargo Airlines to spread its wings into ACMI ops
  • Qatar Airways faces major losses as blockade enters second year

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Marine Logweb site
JUNE 4, 2018
  • ABS brings together industry giants for Posidonia panel on future of LNG
  • Fisher Island ferries on track at St. Johns Ship Building
  • Composite scrubber eliminates corrosion worries
  • Hyundai Merchant Marine picks three yards to build 20 mega ships
  • Shipbroker liable for fixture error
  • Wärtsilä signs five year scrubber maintenance agreement
  • Damen Albwardy launches ASD tug for Saqr Port

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Lloyd's Listweb site
JUNE 4, 2018
  • LNG carrier owners bullish on 2018 market
    Big players expect market utilisation will recover in the second half of the year
  • Shipping organisations decry overbearing regulation
    Shipping industry has been unfairly targeted for over-zealous eco-regulations, Posidonia Week hears
  • Owners banking on sulphur cap slow steaming boost
    The 2020 sulphur cap is going to be one of the best things to happen to shipping in the past...
  • Nanjing Tanker applies for relisting in Shanghai
    Company has posted consecutive net profits between 2015 and 2017
  • Prokopiou blasts scrubbers in personal intervention
    Owner claims scrubbers only pollute the sea and questions why slow steaming is not applied to curb emissions
  • Enesel in stellar boxship sale to SFL
    Europe Greece Containers
  • ITIC pays out after shipbroker bungle caused loss to charterer
    Marine mutual made reimbursement for additional freight
  • Shipowners' voice needs to be heard more clearly
    Shipowners only have themselves to blame for not engaging with regulators earlier
  • Capesize risk divides opinion among owners
    Industry veteran Philippe Louis-Dreyfus counters capesize optimists with a claim that the market is a dangerous way to lose money...
  • Shipper groups fight back against carrier bunker charges
    Surcharges are an unwelcome reminder of the cartel era, says GSF
  • Posidonia told of devastating uncertainty ahead
    Shipowners speaking at a Lloyd's List panel at Posidonia expect regulators' deadlines to be fudged to make them more aligned...
  • Singapore to have LNG bunker vessels by 2020
    Vessels are slated for delivery in 2020 and will be among the first of their kind in Asia
  • Kassidokostas-Latsis launches tanker joint venture with aframax pair
    New secondhand tanker joint venture will be separate to family shipping company Latsco Shipping, which will retain its focus on...
  • Smaller boxship owners still have role to play
    Consolidation among smaller-sized vessel owners is not necessary
  • Seatrade made a scapegoat in EU scrapping verdict
    A Dutch court ruled earlier this year that Seatrade violated EU waste laws with the 'intention' of scrapping four vessels
  • Korean Big Three to share HMM mega containership orders
    DSME, SHI and HHI are the selected shipbuilders to construct the 20 containership newbuildings, including a dozen of 23,000 teu...
  • The Lloyd's List Podcast: Live from Posidonia
    In the first of a special series of Lloyd's List podcasts live from Athens, the editorial team reflect on day...
  • Long-term bull on LNG shipping lays out his vision
    Macro growth and scale in an evolving market bode well for LNG shipping's pioneer, and a potential adoption of LNG...
  • ABS eyes 2019 for predictive maintenance
    Intensive machine learning over the next 18 months will build predictive capabilities
  • Yang Ming boxship loses containers in bad weather
    Taiwanese carrier stuck outside Sydney port due to a 'closure'

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The Journal of Commerceweb site
JUNE 4, 2018
  • UPS hikes surcharges as carriers of all types eye fees
  • Uber Freight expands reach to small US truck fleets
  • Judge halts New Jersey effort to dissolve Waterfront Commission
  • Pacific International Lines adds capacity to Asia-ECSA service
  • Stakeholders split on impact of India's relaxed cabotage rule

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TradeWindsweb site
JUNE 4, 2018
  • Wilhelmsen using Wartsila for scrubbers
    Ship management company says it is going with hybrid scrubber system.
  • Angelicoussis 'bets' on LNG newbuild prices passing $200m
    Greek owner says figures available from yards this year were ridiculous.
  • FFA 'price war' as entrants cut commissions
    Shipbrokers new to the derivatives market said to be cutting commissions to win new business.
  • Carnival dividend continues upward swing
    Payout for Miami-based cruise major reaches $0.50, highest level since late 2012.
  • Livanos: LNG will 'inevitably' fuel ships
    Liquid natural gas will overcome short-term hurdles and become the dominant fuel in the maritime world, says influential owner.
  • LNG shipping rates head to 'steady state'
    Greek shipowners see LNG freight rates poised to strengthen, but supply hangs over the longer-term outlook.
  • Livanos lashes out at 'abhorrent' use of capital markets
    GasLog chairman and John Angelicousis also critical of those not handling their own operations.
  • Golar LNG's Hilli gets customer blessing
    First 'proof of concept' on floating LNG solution comes after painful week for Golar shares.
  • Trafigura raises another $78m through panda bond
    Trader and owner makes second foray into Chinese debt market.
  • Indian master stages 15-month sit-in
    Nikesh Rastogi staying with abandoned OSV in UK in pursuit of wages.
  • No carbon-free fuel, no 50% emission cut, Laskaridis warns
    Tinkering with current technology is not enough to cut shipping's emissions by half, President of European shipowners says
  • ASM tanker refloated in Canada
    Inspection due on Chem Norma after it was stuck in St Lawrence for six days.
  • Jotun suffers drop in profit
    Jotun, the world's largest producer marine paint, has reported a reduced profit despite increased revenue so far this year. The Norway-headquartered company had a pre-tax profit of NOK 464m ($58m) in the first four months of this year, against a profit of NOK 643m in the same period last year. A major reason for the reduced result is the low newbuilding activity. Jotun has a market share of 30%
  • CSI ends $312m Chinese bond programme
    Cosco bulker company to examine other ways of financing push into logistics.
  • Sveaas' Kistefos adds $25m to bond
    Shipping investor's tap issue will give company cash for general corporate purposes.
  • Hoegh LNG confirms CNOOC charter
    Norwegian owner says FSRU will head to Tianjin for at least three years.
  • Suez Canal revenue up 14%
    Egyptian waterway authority banked $5.1bn in first 10 months of fiscal year.
  • Kalogiratos digests Marinakis VLCC orders
    Key executive says Samsung ships are well in the money and shares positive outlook for the end of the decade.
  • Shipbroker liable for fixture error
    ITIC reduces $500,000 claim for failure to pass on option declaration.
  • Chelsea: no deal for Southwest Maritime
    Dennis Uy company denies takeover of Philippines ro-ro owner.
  • Oestergaard appointed Polarcus COO
    Middle East owner brings in ex-Maersk Drilling executive.
  • Colombo Dockyard wins Toyota Tsusho order
    Sri Lankan yard to build two ships destined for Iraq.
  • Dreyfus explains capesize exit
    French owner says wants to concentrate on less risky drybulk vessels
  • CoscoCS to build $2bn port in Peru
    Chinese group working with miner Volcan on new terminal at Chancay.
  • Clean-up begins after boxes lost
    Residents collecting debris including emu oil and clocks from YM Efficiency.
  • HMM reveals split of 20-ship order among local yards
    South Korea's largest owner says it plans to move quickly with letters of intent just weeks away.
  • Singapore to have bunker tankers supplying LNG by 2020
    MPA awards $4.5m to FueLNG and Pavilion Gas to drive ship-to-ship bunkering.
  • Ichthys LNG project set for first gas exports
    Japanese-backed project says first shipments of LPG and LNG would begin by late September.
  • Higher costs take shine off Bumi Armada results
    Surge in revenue at FPSO specialist held back by impairments and finance costs.

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American Shipperweb site
JUNE 4, 2018
  • CPSC extends comment period on age appropriateness of toys
    The Consumer Product Safety Commission (CPSC) is extending the end date of a public comment period on draft guidelines for determining age ...
  • ITC: Flange imports from China injure U.S. industry
    The International Trade Commission has determined that imports of stainless steel flanges from China are materially injuring U.S. industry ...
  • Leschaco opens Barcelona office
    Leschaco has opened an office in Barcelona, its second new site in Spain in recent months. A Valencia facility opened in April. "For Lesch...
  • Leman latches onto Finnish logistics company
    Denmark-based Leman, a provider of logistics, transportation services and customized pharma solutions, has doubled its activities in Finlan...
  • Yang Ming ship loses 83 boxes off Australia
    A Yang Ming containership lost more than 80 containers during a voyage from Kaohsiung to Sydney last week, according to a statement from th...
  • Court blocks New Jersey's attempt to dissolve Waterfront Commission
    A federal court on Friday blocked an attempt by the State of New Jersey to withdraw from the bi-state Waterfront Commission of New York Har...
  • G7, China warn against U.S. tariffs
    Economic leaders from the Group of Seven (G7) - which in addition to the United States consists of Canada, France, Germany, Italy, Japan, a...
  • Tool chests from China, Vietnam harming U.S. industry
    The International Trade Commission (ITC) has determined that imports of tool chests from China and Vietnam are materially injuring U.S. ind...
  • USDA to allow tree tomato imports from Ecuador
    The U.S. Agriculture Department's Animal and Plant Health Inspection Service (APHIS) announced Monday that it will allow imports of tree to...

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The Bunker Bulletinweb site
JUNE 4, 2018
  • Iraq inks oil development block deals, but faces delays for approval
    Iraq has signed preliminary deals with companies to explore for oil near the border with Iran and Kuwait, the oil ministry said on its website Monday.
  • Argentinian oil refiners, producers to limit price increases through July
    Argentina's oil refiners and producers have agreed to limit their price increases through July, in a deal brokered by the energy ministry to try to contain soaring inflation as the economy slows.
  • Russian May crude output flat on month at 10.966 million b/d
    Russia's May crude and condensate output remained flat month on month at 10.966 million b/d, exceeding the target volume under the OPEC/non-OPEC deal for the third consecutive month, preliminary data by the Central Dispatching Unit, the statistical arm of the energy ministry, showed Saturday.
  • Japan's JXTG says no impact on inflows from Iran so far despite sanctions threat
    Japan's largest refiner JXTG Nippong Oil & Energy said Monday it has maintained its Iranian oil imports as normal, despite the US' announced reimposition of sanctions against Iran.
  • West Texas bottleneck weighs heavily on NYMEX crude
    The pipeline constraints in West Texas caused by booming oil production has emerged as the key driver behind weakening NYMEX crude futures, despite US inventory data that remains price-supportive.
  • Oil drops further pulling NYMEX July crude below $65/b
    The oil complex fell Monday, despite a weaker dollar and stronger US equities, extending recent declines as traders prepare for the potentially more supply coming from OPEC producers and Russia.
  • Durban bunker fuel hits record high on rising international prices
    Bunker fuel values at Durban, South Africa, reached Friday their highest level since their S&P Platts Global assessment began, as rising international prices outweighed low demand in the area.
  • Wartsila inks deal with Wilhelmsen for scrubbers maintenance
    The agreement will ensure the vessels comply with sulfur limits set by the IMO.
  • Emergency bunker surcharge needed to ensure continued service: Maersk
    "We are following the market trends closely, and will adjust the tariffs as soon as the fuel price drops below the beginning level of the year."
  • Open interest on Singapore front-month ICE middle distillate contracts rise 9% in May
    Open interest for the front-month Singapore 500 ppm sulfur gasoil crack against the Dubai contract posted the biggest gain.
  • External: Global Risk Management
  • FUTURES: Brent remains lower on potential increase in output
    Inventory data reports from the American Petroleum Institute, Energy Information Administration, due later Tuesday and Wednesday.
  • Singapore's MPA awards S$6 mil to two companies to build LNG bunker vessels
    The vessels are slated for delivery in 2020.
  • Key OPEC ministers tight-lipped on oil output policy after Kuwait meeting
    The ministers stressed the need to "maintain the existing cooperation and continue the successful endeavor carried out by the participating countries."

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