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22 February 2019 The on-line newspaper devoted to the world of transports 21:19 GMT+1

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Sched Netweb site
FEBRUARY 8, 2018
  • Pakistani police investigate killing of Cosco executive in Karachi
  • APL launches new Japan-Taiwan-Thailand express service
  • DP World achieves 10pc growth globally in 2017 to reach 70.1m TEU
  • Seaspan buys 2 box ships and charters them to Maersk for 4 years
  • New box terminal to raise Montreal port's capacity to 2 million TEU
  • New PSA terminal at JNPT, India ramps up competition for market share
  • Top shipping firm in Vietnam to make IPO in mid-2018
  • Shipping in Arctic regions focus of February 21 Montreal meet
  • Air freight on all major trade routes off to a flying start in 2018
  • UPS orders 18 Boeing freighters in major investment drive to boost capacity
  • American Airlines plans 4 new cargo services to Europe over summer

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Exim Indiaweb site
FEBRUARY 7, 2018
  • CMA CGM improves offer between Europe & West Africa by strengthening EURAF 5 service
  • CMA CGM introduces REEFLEX, a new & unique system for the transportation of liquids by container
  • HMM with AAL to upgrade Asia-Middle East MPV service
  • ONE to offer extensive liner network service portfolio
  • Schedule reliability slips in 2017
  • Coal imports down
  • Major Ports handle 560.97 mt during April 2017 to Jan. 2018
  • Ravindra Babu is new CVO at Chennai Port Trust
  • SEGRO to deliver pioneering multi-storey distribution hub for IKEA in Gennevilliers port
  • NHAI executing pilot project for new toll collection system
  • Govt urged to adopt more investor-friendly policy reforms to overcome recession in investment
  • RBI keeps key rates unchanged

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International Transport Journalweb site
FEBRUARY 8, 2018
  • Dachser deploys first LHVs in Spain
  • Metamorphosis: old factory into new logistics centre
  • Ecuador fond of CGSA in Guayaquil
  • Italy: Dinazzano PO receives locomotives from Czechia
  • Canadian Pacific Railway's footprint in Shanghai
  • Gecas equips narrowbody freighters with FLSs
  • Big investments for the future growth
  • Headquarters moving on Iberian peninsula
  • Frequency of rail link to Metz doubles
  • Hapag-Lloyd tightens Africa connection
  • Most successful cargo year at Luxembourg airport
  • Agility works with Maersk on blockchain solution
  • Pressing on with long range hydrogen-electric flight
  • Seko puts more emphasis on airfreight
  • Liner reliability down in 2017, says Seaintel
  • New Europe-Central Asia intermodal service

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IHS Maritimeweb site
FEBRUARY 7, 2018
  • IMO delegates keen to maintain sulphur cap momentum
  • Oman Drydock Company names new CEO
  • CMPort buys half-share of Newcastle port
  • Precious Shipping slashes 2017 loss to USD1.1 million
  • Seoul to build domestic tanker for fuel supply
  • AI-powered navigation tool launched to reduce human error on the bridge
  • BW LPG secures USD150 million refinancing
  • Maritime sector told to prepare for the 'unthinkable'
  • Insurers call for clarity following Sanchi loss
  • Buyers bet on Pakistan reopening recycling yards to VLCCs

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The Loadstarweb site
FEBRUARY 7, 2018
  • ONE 'plays it safe' with no major changes to services and commercial contacts
  • IAG Cargo targets e-commerce market with global delivery platform Zenda
  • Ohio's Rickenbacker joins US airport scramble to capture online retail traffic
  • Uzbekistan eyes GAP certification to expand perishable exports traffic
  • EU-China customs data-sharing project touches down at Schiphol
  • BNSF Logistics names Dan Curtis as its new president
  • Why Is China buying up Europe's ports?

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Marine Logweb site
FEBRUARY 7, 2018
  • BAE San Diego wins $34 million Navy contract
  • VIDEO: Umoe Mandal teams with Bordelon on next gen crew transfer
  • Baydelta marks several firsts in bringing hybrid technology to tugs
  • VIDEO: Polar Star beats engineering challenges to complete mission
  • Incat Crowther designed duo set to protect Philippines fisheries

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Lloyd's Listweb site
FEBRUARY 7, 2018
  • Navios Acquisition targets stock buy-back after end-2017 loss
    Tanker company eyes better days ahead for crude and product sectors
  • Platten takes over from Hinchliffe at International Chamber of Shipping
    Head of UK shipping association moves up to global role at time of greater environmental and technical scrutiny
  • Plea for sulphur cap transition period persists at IMO
    Saudi Arabia and other members foster hopes of a transitional period after 2020
  • How inspiring women will create a thriving maritime industry
    Companies that embrace diversity are far more likely to innovate and grow than those that take a narrower approach to...
  • Putting safety back at the top of the agenda
    Digitalisation, the environment, and unmanned shipping have swept safety aside. Or have they?
  • Tanker fundamentals to prevail in 2018
    Higher global oil demand and slower tonnage growth to help recovery, says Ardmore Shipping head Anthony Gurnee
  • EIA's 2050 US energy landscape favours oil and LNG shipping
    Report by US energy body see increasing energy efficiency, while rise of coal exports last year likely a one-off
  • IUMI leader hails 'signs of end to soft marine market'
    Rates actually hardening despite ongoing overcapacity, Dieter Berg claims
  • Liner reliability on major trades slumps
    Performance of containership operators plunged 8.4 points last year to 74.5%, says analyst
  • Daily Briefing
    V.Ships is in advanced talks about a deal that would give the ship management giant majority control of Bernd Kortüm's...
  • CMA CGM launches liquid reefer solution
    Unique Reeflex technology will allow liquids such as juice, milk and syrup to be moved by bulk in refrigerated containers
  • Shipping needs another NotPetya
    Maersk attack was a wake-up call but the industry is still in sleep mode, says former FBI cyber chief
  • IMO says 'no turning back' on 2020 sulphur cap
    Ban garners sufficent support amid warnings of its negative impacts on markets and nations
  • Robert Yildirim eyes Mississippi port investment
    The Turkish entrepreneur has returned from the US with plans to invest in niche businesses including ports, logistics and warehousing
  • MPC Container Ships raises $75m from private share issue
    Proceeds to help finance company's vessel acquisitions
  • India proposes ambitious LNG import plans
    Move comes amid country's plans to double LNG's share of its energy mix to 15% by 2022, says Reuters report
  • Japan's MHI quashes claims it is disposing of stake in automaker arm
    Media reports had said the company decided to offload its stake in Mitsubishi Motors to reduce exposure to weak earnings
  • HHI to develop LPG dual-fuel engines with MAN Diesel
    South Korean group has built about 150 LPG carriers and accounts for about 30% of the global vessel engine market
  • JES fails to offload its debt-ridden shipbuilding business
    Former chief executive Jin Xin has been given a 12-year jail sentence, says company
  • Precious Shipping positive about dry bulk prospects
    Bangkok-listed dry bulk owner marks year-end with a return to the black
  • DSME secures $360m order to build two LNG carriers
    The vessels are expected to be delivered by June 2020
  • DP World volume up 10.1% in 2017
    Port operator expects to continue to grow ahead of market in 2018

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The Journal of Commerceweb site
FEBRUARY 7, 2018
  • XPO to boost tech spending, make acquisitions in 2018
  • Resin packager bolsters Charleston's export business
  • Galveston's roll-on roll-off, project, reefer focus is working
  • NY-NJ posts largest cargo volume increase in over five years
  • Western Canada delays raise peak capacity questions
  • Lagos barge service helps ease road congestion
  • US truckload spot rates slip, but remain high
  • PIL's break from VSAs complicates Asia-ECSA trade

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TradeWindsweb site
FEBRUARY 7, 2018
  • Stolt-Nielsen to buy back $30m in shares
    Oslo-listed tanker owner will repurchase $28.3m in shares after buying back $1.7m in stock in March 2016.
  • KNOT Offshore investor sells $4.3m in shares
    Kayne Anderson Capital Advisors drops stake in New York-listed master limited partnership (MLP) to 6.27%.
  • Bulkseas keen on more capesizes after Bulk India buy
    Greece's Bulkseas Marine Management confirmed the purchase of its first capesize vessel and said the company is keen on buying a few more, if it can get the right price for them. Company managers at the Stavros Meimetis-led company said the outfit has agreed to buy the 177,600-dwt Bulk India (built 2004) from Japan's Nissen Kaiun. The deal was agreed about three weeks ago at a price of $14.2m. T
  • NRS talks with V.Group in final furlong
    Shipmanagement giant tipped to head a line of up to 15 interested parties.
  • Ardmore: traders taking tonnage 'quietly'
    Product tanker owner sees uptick in long-term cover from trading houses as bullish sign for market.
  • DryShips lines up $50m share buyback plan
    Stock repurchase is announced alongside latest quarterly dividend payment.
  • BNY Mellon take piece of Scorpio Tankers
    US-based asset manager takes first piece of owner of largest product tanker fleet.
  • TechnipFMC buys Island Offshore Subsea
    New York-listed group's move kicks off wider cooperation with Norwegian owner.
  • DFDS completes $50m share buyback
    Danish ro-ro owner meets target set back in August.
  • Ardmore Shipping edges ahead of fourth quarter forecasts
    Fourth quarter loss is not as deep as analysts had chartered.
  • Klaveness opens pop-up Dubai office
    Bulker owner's new base will only be around for 11 days.
  • 'Disruption is the new black'
    Topaz Energy and Marine CEO Rene Kofod-Olsen says OSV owners must adapt to prosper in a post-crisis world.
  • Navios Acquisition closes in on leaseback
    Transaction would refinance debt on a quartet of product tankers.
  • CJC shoots for expansion with new hires
    Senior partners joining in Singapore, London as law firm takes next global step.
  • Hoegh Giant gets to work with spot market exposure
    Hoegh LNG has secured some exposure to the rising LNG carrier market spot with one of its FSRUs beginning a deal with Gas Natural today. Stohle stresses contingency plans amid project concern Oslo-listed Hoegh says the 170,000-cbm Hoegh Giant (built 2017) started a three year charter and is bound for the US to load its first cargo. Gas Natural has the option to use the vessel as an FSRU but for
  • Winning Shipping tied to twin capesize deal
    Brokers flag up double bulker addition running to almost $50m.
  • DHT Holdings 'preserves muscle' as tanker market sags
    Further acquisitions off the menu for now after VLCC fleet was doubled in 2017.
  • JMU feels pinch from LNG carrier losses
    Japanese shipyard sees further pain to come as the result of production problems.
  • Crude hardest hit as stock slump takes 6% bite of shipping
    Pareto Securities analysts count the maritime cost of global stock selloff.
  • Tamai Steamship cuts nine-month loss
    Supramax owner forecasts a return to profit for the full year.
  • Former SBIC chairman held on fraud charge
    Vietnam accuses Nguyen Ngoc Su of making profit from bank deposit.
  • Crystal Cruises downsizes newbuildings
    Genting company redraws 100,000-gt design to offer "impeccable service".
  • Danko Koncar in talks over Arctech
    Croatian yard tycoon could buy control of USC-owned shipbuilder.
  • Nova Algoma Shortsea Carriers buys mini-bulker
    Swiss-Canadian joint venture completes second S&P deal in less than two months.
  • Ties of friendship helped Marco Polo revive
    New owner of OSV player counts CEO Sean Lee as childhood friend.
  • Acta Marine returns to Ulstein for second CSV
    Dutch firm orders vessel just a year after ordering first unit at Norwegian shipbuilder.
  • Precious Shipping reports first quarterly profit since 2014
    Khalid Hashim-led bulker owner benefits from 30% year-on-year increase in freight rates.
  • Hyproc returns to Jiangnan for LPG carrier
    State-owned Algerian shipowner back in China to exercise option on mini-gas carrier.
  • Ship's bosun beaten by pirates off Vietnam
    Incident off Godau Anchorage first in a year to use violence, says security consultancy Gray Page.
  • Mermaid sees two heads as better than one
    Thai-backed offshore vessel operator has appointed a second chief operating officer.

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American Shipperweb site
FEBRUARY 7, 2018
  • MOL, Total Marine Fuels ink charter contract for LNG bunker vessel
    Japanese ocean carrier Mitsui O.S.K. Lines (MOL) and bunkering services provider Total Marine Fuels Global Solutions (TMFGS) have signed a ...
  • AAL, HMM launch Asia-Middle East multi-purpose service
    Singapore-based global ocean transport company AAL Shipping and South Korean container line Hyundai Merchant Marine (HMM) are combining for...
  • TITLE Act widely viewed as key element of fighting financial corruption
    The ability to incorporate in the U.S. without being subject to the same level of beneficial ownership transparency requirements as other d...
  • The tech-driven chassis provider
    On the surface, a chassis is a simple device - a steel frame with wheels for transporting ocean containers over the road. However, since t...
  • IANA: Intermodal volumes grow 5.4% 2017
    North American intermodal volumes grew 5.4 percent in 2017 compared to the previous year following a 2016 year in which shipment volumes fe...
  • Executive Moves: SEKO Logistics, Port Tampa Bay and Evans Distribution Systems
    SEKO Logistics has appointed Shawn Richard to the newly-created role of vice president of global airfreight. A 30-year logistics industry...
  • NWSA approves Clean Truck Program despite trucker opposition
    Managing members of the Northwest Seaport Alliance (NWSA), a marine cargo operating partnership of the ports of Tacoma and Seattle, voted T...
  • U.S. trade deficit widens to 9-year high in 2017 despite Trump rhetoric
    The U.S. trade deficit - the amount by which the country's goods and services imports exceeds its exports - widened 12.1 percent to $566 bi...
  • Sen. Flake removes hold on Doud nomination as USTR ag rep
    Sen. Jeff Flake, R-Ariz., last Thursday released his hold on Gregg Doud, President Donald Trump's nominee for Chief Agricultural Negotiator...

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The Bunker Bulletinweb site
FEBRUARY 7, 2018
  • Oil futures down after EIA data shows crude, product builds
    The oil complex turned lower Wednesday after US Energy Information Administration data showed builds last week in inventories of crude, gasoline and distillates.
  • OPEC Jan crude output 32.46 mil b/d, up 60,000 b/d from Dec: Platts survey
    OPEC crude production averaged 32.46 million b/d in January.
  • Bayou Bridge pipeline shows lessons learned from Dakota Access fight
    Last year, a lawsuit threatened to block North Dakota crude oil from flowing quickly to the Texas Gulf Coast. Now another suit seeks to block that same oil stream from heading to export markets via the Louisiana Offshore Oil Port.
  • TANKERS: IMO 2020 0.5%S ceiling to prompt MR demand: Ardmore
    The IMO 2020 global sulfur ceiling decrease to 0.5% from 3.5% will increase Medium Range tanker demand, as these ships will be moving marine gasoil from the world's refining centers to far-flung bunker consumption areas, Ardmore Shipping CEO Anthony Gurnee said Wednesday.
  • Japan's oil industry ready to meet IMO bunker requirements: transport ministry
    An inter-industrial and ministerial meeting has found that the Japanese oil industry will be able to supply different grades of marine fuels for domestic bunker requirements under the International Maritime Organization's 2020 mandate, an official at the Ministry of Land, Infrastructure, Transport and Tourism said Wednesday.
  • USAC bunker fuel price drop coincides with fuel oil stocks build
    USAC fuel oil stocks rose 614,000 barrels to 7.105 million barrels, a 9.45% increase.
  • Ex-BP marine fuels manager, Pacific Prime director to stand trial on graft charges
    Koh allegedly transferred $3.95 million to Chang between 2006 and 2010.
  • Taiwan's CPC to introduce MGO, discontinue supply of MDO from March 1
    The switchover takes effect at all ports such as Kaohsiung, Keelung, Taichung, Suao and Hualien.
  • TRADER NOTE: OceanConnect Marine hires traders to start S Korean trading desk
    The desk is headed by Joon Kim and includes traders Daniel Park and Danny Han.
  • MAN Diesel & Turbo inks deal with South Korea's Hyundai to develop LPG dual fuel engines for ships
    The move towards lower emission limits is set to accelerate LPG's uptake as a marine fuel.
  • OPEC oil output to average 32.43 mil b/d in 2018, 32.7 mil b/d in 2019: EIA
    Rapid declines in Venezuelan crude oil output was also likely contributing to higher crude oil prices, it said.
  • FUTURES : Crude rises on API data, recovery in US stock market
    For the week ended January 30, API reported a surprise draw of 1.050 million barrels of US crude inventories.

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