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17 February 2019 The on-line newspaper devoted to the world of transports 21:48 GMT+1

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Sched Netweb site
FEBRUARY 7, 2018
  • HPH Trust 2017 earnings slump 45pc on 3pc revenue dip
  • Eurogate's 2017 container traffic totals 14.4 million TEU
  • Regionalisation of global economy could lead to early retirement of mega ships
  • US port of Baltimore receives six new cranes to cope with rising volumes
  • Port of Trieste achieves bumper year for cargo with box traffic soaring 26pc
  • Strong demand drives Landstar System's Q4 2017 earnings to US$64.8m
  • Hong Kong nets 6,000 fake designer accessories from China shipping container
  • SF Airlines launches freighter service to transport mainly perishables to Lhasa
  • Lufthansa Cargo acquires stake in online freight services marketplace, Fleet
  • American Airlines Cargo eyes Balkan exports as it opens new routes

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Exim Indiaweb site
FEBRUARY 6, 2018
  • Govt to disinvest entire stake in Dredging Corporation
  • Total & MOL sign long-term charter contract for a pioneer LNG bunker vessel
  • WWL Group consolidates its standing as a leader in logistics & supply chain solutions
  • 'Port of Wilhelmshaven is the only facility in Germany capable of handling 18,000-22,000-TEU vessels without any restrictions'
  • DP World reports record volume of 70 m TEUs in 2017
  • Iron ore & coal lift Essar Ports' cargo handling by 11 pc in Q3 FY18
  • JNPT records highest container handling of 4.18 lakh TEUs in Jan.
  • Steps taken to expedite National Highways projects highlighted

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International Transport Journalweb site
FEBRUARY 7, 2018
  • Finland paving the way for more digitalisation
  • MNG Airlines - ACAS-ready with new Champ service
  • New cross-dock platform for Hellmann
  • IMS: marked growth domestic services in Germany
  • New UK trade commissioners to balance the Brexit
  • Port of Marseille Fos saves the day in 2017
  • Bertschi grows beyond Europe's borders
  • New heads of operations in Kenya and Nigeria
  • First US class I railroad joins BiTA
  • Emirates Skycargo lands in Maastricht
  • APL introduces new intra-Asian shortsea service
  • Nouwens Transport achieves Iata Ceiv certification
  • Kehl-Rotterdam shuttle now thrice weekly
  • Brussels Airlines under new leadership
  • AAL and HHM teaming up for joint service
  • Quick Cargo Service steps up Americas groupage service

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IHS Maritimeweb site
FEBRUARY 6, 2018
  • Court ruling opens way to vote on Giuseppe Bottiglieri debt restructuring
  • DHT Holdings remains in black as ship sales boost cash position
  • MOL wins LNG bunker vessel charter from TOTAL
  • China Merchant Port Holding issues bonds for Belt and Road project
  • Buoyant global trade drives volume growth at DP World and HPH Trust
  • HMM and AAL to operate Asia-Middle East multipurpose service
  • DSME to stay busy until 2020 as orders come in
  • Saudi Global Ports growth driven by strong transhipment activity
  • Chinese iron ore imports set record in 2017
  • Gulf Stevedoring sees strong throughput at Saudi Arabia's Jubail terminal
  • Shipbuilder HHIC seeks funds to expand Philippines shipyard
  • Shell unveils major collaborative maritime safety initiative
  • Former Samsung HI chief rules out DSME merger

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The Loadstarweb site
FEBRUARY 6, 2018
  • DSV the 'star performer' in forwarding and likely to hit acquisition trail in 2018
  • 2017 a record year for DP World box terminals as market share increases
  • The swashbuckling antidote to the threat of digital disruptors
  • Zeaborn Logistics takes over ship managers ER Schiffahrt and Harper Petersen
  • Western Global Airlines eyes expansion of air freight services beyond China
  • Seko Logistics appoints Shawn Richard as its first VP global air freight
  • Industry joins DSA cargo team in tribute to Dayle Hauxwell

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Marine Logweb site
FEBRUARY 6, 2018
  • GE to build "digital twin" of two MSC ships
  • Schulte LNG bunkering vessel will be ballast-free
  • Design advances for new reel-lay vessel for Subsea 7
  • DSME opts for 3D model based NAPA Steel software
  • Alfa Laval PureBallast is first BWTS meeting revised IMO requirements

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Lloyd's Listweb site
FEBRUARY 6, 2018
  • Daily Briefing
    Erck Rickmers tells Lloyd's List that the rationale behind the sale of ER Schiffahrt business to relative Zeaborn Group can...
  • British shipping must concentrate on its short-term strategy
    The UK government is planning a maritime strategy for 2050 without yet knowing what, politically, 2019 will bring
  • Bain now sole suitor for Giuseppe Bottiglieri Shipping
    Italian family-run company set to be relaunched with support from Bain Capital
  • Killing of Cosco manager in Karachi may give China pause in its overseas expansion
    If the incident proves to be a targeted attack, the motive behind it should not be taken lightly
  • Trucking capacity issues causing delays at US ports
    New regulations, strong demand and driver shortfalls drive up prices and add to intermodal backlogs at east coast and Gulf...
  • What lies ahead for tanker shares?
    Low share prices present opportunities for the sector but pitfalls remain
  • Grayling sets his sights on radical maritime strategy
    UK's Maritime 2050 could see more government investment for post-Brexit trade initiatives, infrastructure and regulation
  • Global box traffic up nearly 5% in 2017
    CTS data reveals biggest volume lift since 2014, but softening fourth-quarter volumes dampen full-year result
  • Taiwan linked to ship-to-ship petroleum transfers that dodge North Korea sanctions
    Confidential report made to UN Security Council sanctions committee
  • Weak spot earnings weigh on DHT results
    New York-listed tanker giant still outperforms general markets and extends front cover
  • Total and MOL to build LNG bunker vessel
    The 18,600 c um floating gas station in particular targets CMA CGM's newly ordered ultra large containerships
  • V.Ships set to swoop on Norddeutsche
    Move comes after banks ordered founder and proprietor of the Norddeutsche Bernd Kortüm to find an outside investor
  • Korea forms committee to iron out maritime support entity details
    Committee will be responsible for firming up operation procedures for Korea Ocean Business Corporation
  • CMPort agrees $480m acquisition of Australian coal port
    Move marks Chinese port giant's first investment foray in Oceania
  • Japan to fund research on IoT and AI for shipbuilding industry
    Subsidy recipients will study how to apply IoT and AI technologies to manufacturing processes within the shipbuilding industry
  • HMM and AAL launch joint multipurpose vessel service
    New service will connect China, Korea, Japan, Indonesia and Singapore with the Middle East via both the Gulf and Red...
  • Hijacked tanker Marine Express recovered off West Africa
    All crew members are reported to be safe and well
  • Cosco Shipping unit's manager killed in Pakistan
    Head of Cosco Saeed Karachi attacked in his car near a marketplace in Karachi city centre
  • Seaspan buys two boxships earmarked for Maersk charters
    The four-year time charters carry an option for an extra two years at higher rates

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The Journal of Commerceweb site
FEBRUARY 6, 2018
  • Seattle-Tacoma assures drayage capacity in deal with drivers
  • UPS pursues cross-border business with El Paso facility
  • Hyundai, AAL breakbulk service to connect Asia, Middle East
  • Higher bunker fuel prices driving up fuel surcharges
  • DP World, HPHT post strong 2017 results on growing global trade
  • Central Asia containerized rail freight rocketing
  • As trucking costs rise, US shippers face difficult choices
  • PSA calls APM Terminals' new extra fee 'capricious'
  • Container blockchain developers attract new customers

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TradeWindsweb site
FEBRUARY 6, 2018
  • UCL Port bests 2016 throughput
    UCL Holdings' stevedoring division handled 37.1 million tonnes of cargo last year.
  • Tankers CEOs pin hopes on US crude exports
    Official forecasts see more crude cargoes coming in next decades, but it hinges on firming prices and production.
  • Scorpio Bulkers 'chilling' as rates rebound
    New York-listed bulker owner is "zoning" after buying 10 vessels in the fourth quarter, chief executive Robert Bugbee said.
  • MPC Container Ships defies global slump with $75m placement
    Oslo-listed containership owner has more cash to pursue vessel buys.
  • Oman Drydock appoints new CEO
    Company hires former OTTCO executive to replace short-tenured Stephan Aumann as it 'continues transformation.'
  • Capesize rates click back up as VLOC orders raise alarm
    Analysts say an upturn in coal shipments has assisted the market.
  • Tsakos Shipping linked to rare drybulk order
    Deal for four to six ships rumoured to have been secured at Chinese shipyard.
  • JES yard sale off as ex-CEO jailed
    No deal for bankrupt JEHI as former boss Jin Xin gets 12 years in China.
  • Cochin Shipyard builds profit again
    Expanding Indian yard stronger in third quarter.
  • Mitsui Engineering set for operating loss this year
    Difficulties elsewhere in the group to prove a drag on shipbuilder's full year performance.
  • Norwegian flag hits 10-year high
    NIS register reverses negative trend to reach 600 ships.
  • Cargill fosters shipping sustainability
    Commodities giant teams with NAMEPA and others on eco initiatives.
  • Court rejects hostile bid for Giuseppe Bottiglieri Shipping Company
    Zagari/Pappas raid on Neapolitan bulker and tanker owner thwarted due to lack of up-front payment, leaving just one plan on the table
  • Switijnk unveils new wind-assisted cargoship
    C-Job designs fuel-saving cargo vessel for Dutch owner.
  • DHT Holdings dips into the red in the fourth quarter
    Shipowner continues to pay a dividend with loss smaller that the market had anticipated.
  • Namura Shipbuilding sees loss grow
    But Japanese yard hopeful of bettering last year's annual result.
  • Turkey's U.N. Ro-Ro 'plotting IPO'
    Ro-ro company looking to join domestic rush to raise cash.
  • Shipping stocks see selling pressure amid global rout
    Stock market crash yet to impact shipping sentiment while global economy remains unaffected.
  • Total confirms MOL LNG bunker vessel win
    Major and Japanese owner add MOU on LNG fuelling and infrastructure to their new partnership
  • BW LPG taps into three new banks with $150m loan
    Oslo-listed VLGC specialist adds new names to its list of lenders with refinancing package.
  • Poland bids to buy back Gdansk Shipyard
    Development agency wants 100% ownership of yard privatised in 2007.
  • Thorco Projects expands new dry cargo division
    Less than two months after it was first established, Danish company's growing bulk division has put itself on an expansion trajectory with a growing fleet and new employees added in the Americas.
  • Vitol launches final offer for Latvian Shipping
    Trader and owner wants to take 100% of tanker company before delisting.
  • HMM and AAL team up on MPPs
    Liner companies launching Asia to Middle East service.
  • Cosco Pakistan boss shot dead
    Chen Zhu killed in car in targeted attack in Karachi.
  • Daewoo secures double LNG carrier order
    South Korean shipbuilder looks to have secured first newbuilding deal for 2018.
  • Product tanker hijacked off Benin recovered
    Anglo Eastern says ship is now under control of captain and crew, but releases few other details.
  • China surpasses US as world's largest crude importer
    But the tanker industry facing growing threat from volumes shipped by pipe from Russia.
  • MAN and Hyundai to develop LPG dual-fuel engines
    Engine builder and shipbuilder look to extend use beyond LPG carriers to other ship types.

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American Shipperweb site
FEBRUARY 6, 2018
  • BNSF unveils 2018 capital investment plan
    BNSF Railway Co. plans to invest $3.3 billion in capital expenditures throughout 2018, the company said. Like last year's $3.3 billion cap...
  • DHL expands operations in southwestern U.S.
    Logistics company DHL Global Forwarding has expanded its presence in key Southern border states in order to satisfy the needs of local cust...
  • Hapag-Lloyd opens new Tema office
    Hapag-Lloyd has recently opened a new office in Ghana's port city of Tema. "Africa is strongly developing just now," said Lars Christianse...
  • Agility to participate in IBM-Maersk blockchain
    Global third-party logistics provider Agility said Tuesday it will participate in a new Maersk-IBM blockchain solution to manage and track ...
  • Seaspan purchases two 2,500-TEU ships, charters them to Maersk
    Seaspan Corp. has acquired two more 2,500-TEU containerships and has an agreement in place to charter the vessels to Dansh ocean carrier Ma...
  • NWSA drayage drivers organize walkout as clean-truck engine rule looms
    Many of the thousands of independent drivers who haul cargo containers to and from the ports of Seattle and Tacoma are not working today in...
  • Kirby Corp. acquires fellow tank barge operator Higman Marine
    Kirby Corp. will acquire fellow liquid bulk transport specialist Higman Marine for $419 million, Kirby said in a statement Sunday. The dea...
  • Report: COSCO exec slain in Pakistan
    An executive of ocean carrier China COSCO Shipping was shot and killed in Karachi, Pakistan on Monday, according to multiple media reports....
  • Transportation stocks slide during 'wild' Wall Street session
    Bellwether U.S. transportation and logistics stocks continued to slide yesterday amid what analysts are referring to as a "wild" Wall Stree...

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The Bunker Bulletinweb site
FEBRUARY 6, 2018
  • NYMEX crude falls below $64/b as equity turmoil persists
    Crude futures fell Tuesday for the third straight day as sharp swings in equities continued to rattle global financial markets.
  • US DATA: EIA sees Permian driving oil output growth
    Fueled largely by Permian Basin growth, US oil production will climb steadily over the next three decades, peaking at 11.95 million b/d by 2042, the Energy Information Administration said Tuesday.
  • US House set to pass spending bill with SPR sales
    The US House of Representatives is expected to approve a stopgap government funding bill Tuesday that authorizes the sale of about $350 million worth of crude oil from the Strategic Petroleum Reserve.
  • BP to build renewables position on heels of $200 million solar deal: CEO
    Oil major BP is looking to expand its renewable energy business in the coming years through "selective" investments, CEO Bob Dudley said Tuesday, on the heels of a $200 million deal announced in December to take a stake in leading European solar power development company Lightsource.
  • Saudi Arabia asks for transition period at IMO committee meeting
    Saudi Arabia Tuesday suggested the transition period citing a sense of confusion in the shipping industry on the matter.
  • Exchanges see potential for an LNG freight derivatives market
    A recent move by the Baltic Exchange to launch an LNG freight index is likely to pave the way for cracking the hitherto untapped LNG freight derivatives market, as entities exposed to gas shipping costs seek to hedge their risks.
  • Total, Japan's MOL sign long-term charter for LNG bunker vessel
    The 18,600 cu m vessel is expected to be delivered in 2020.
  • Asia starts testing Kuwait's new Super Light crude oil
    -Grade expected to be launched in April -Asian refiner finds new crude suitable -Vietnam's Nghi Son refinery a possible destination for new grade
  • Open interest for front-month DME Oman crude oil futures up 14% in Jan
    Open interest for March ICE Brent futures versus the Platts Dubai contract was unchanged month on month at 425,000 barrels as of January 3.
  • Basrah Light crude OSP may reflect Iraq's level of OPEC cut commitment
    "Unlike Saudi and Abu Dhabi, it appears that Iraq wants to pump more and sell more, so Basrah [Light] should remain cheaper," said a crude trader.
  • FUTURES: Crude slides on US stock market plunge, stronger dollar
    Another risk-off session is likely across Asia today, Barnabas Gan, commodity economist at OCBC Bank, said.

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