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22 July 2018 The on-line newspaper devoted to the world of transports 23:59 GMT+2




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Sched Netweb site
JULY 10, 2018
  • China says it retaliated in trade war, but doesn't say how or on what
  • Cosco clears last hurdle in OOIL takeover as US gives approval
  • The Ocean Alliance revises its Asia-Middle East services
  • S'pore port authority says it over-charged port dues - offers refunds
  • Belt and Road rail project is expected to boost trade to Singapore
  • Haiphong can now handle 14,000-TEUers, opening A-E call possibilities
  • US-flagged 1,614-TEU APL Gulf Express has 4 boxes overboard in Kuwait
  • Mexico hits US meat and cheese exports with retaliatory tariffs
  • Antwerp's Railport to double intermodal capacity in a few years
  • Accused New Orleans forwarder jailed in Miami pending price-fixing trial
  • US truckers denied exemption from mandated spy-in-the cab devices
  • Japan's ANA scraps 113 flights for Rolls-Royce engine probe on 787s
  • 2 new Boeing 777 freighters are to be added to Lufthansa Cargo's fleet
  • Boeing, Embraer to set up mutually beneficial aerospace joint venture
  • Cargo-partner to build 25,000-square metre Slovenian logistics base

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Exim Indiaweb site
JULY 9, 2018
  • Able Shipping Agencies celebrating 18 years of service to the trade
  • Bahri service reinforces HAROPA's position among the major European industrial & port complexes
  • Cargo Tracking Note system effective in Ghana
  • CMA CGM stopping operations in Iran
  • Evergreen strengthens Asia-East Africa service
  • SCFI rates mixed
  • THE Alliance announces Asia-North America West Coast service update
  • Yamal LNG project's ice-breaking LNG carrier completes first eastern transit via the Northern Sea route
  • ZIM ranked first in schedule reliability on Asia-US East Coast trade
  • Nitin Gadkari lauds the excellent performance of JN Port at 29th Foundation Day celebration
  • How Blockchain is transforming the supply chain & logistics industry

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IHS Maritimeweb site
JULY 9, 2018
  • BW increases offer for Dorian LPG
  • COSCO Shipping Holding clears US hurdle on acquisition of OOIL
  • CMA CGM joins global peers in scrapping Iran services
  • BW Group ups stake in Hafnia Tankers to 43.5%
  • Shipping sector must move on from default cyber settings
  • Ya-Sa locks MR tanker pair into Equinor charter
  • Prima Marine completes first stage of Big Sea takeover

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The Loadstarweb site
JULY 9, 2018
  • Pledge to sell Long Beach terminal clears the way for COSCO takeover of OOIL
  • Volga-Dnepr announces appointment of Uli Ogiermann as SVP operations and deputy director general of CargoLogicManagement
  • Airlines looking to add spice with freighters as confidence in cargo soars
  • More carriers to cut back on Asia-Europe container capacity after summer peak
  • Interview: project cargo flying high, but challenges lie ahead, says van de Weg
  • Analysis: TMS, ERP, T&L and M&A - it's a kind of magic
  • Trump eyes even higher tariffs as China trade war escalates
  • Baroness McIntosh becomes new president of UKWA

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Marine Logweb site
JULY 9, 2018
  • Bollinger would build Coast Guard icebreakers at Tampa Shipyard
  • BW LPG sweetens its Dorian LPG merger offer
  • Island Offshore books seven year charter for Island Pride
  • Wilson ASA to roll out Transas Fleet Operations Solution

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Lloyd's Listweb site
JULY 9, 2018
  • Conquering Cosco through consolidation
    Could talk of a merger between CMA CGM and Hapag-Lloyd hint at a European response to the threat of a...
  • Hapag-Lloyd denies CMA CGM 'made merger approach'
    Hapag-Lloyd denies a report that it was subject of a merger approach by CMA CGM
  • At least a third of new VLCCs will have scrubbers
    Over the past few weeks, at least three leading tanker owners have announced that scrubbers will be installed on their...
  • IMO focuses on women for World Maritime Day theme
    The International Maritime Organization unveils 2019 world maritime day theme as Empowering Women in the Maritime Community
  • Shippers 'get what they pay for'
    Container lines have to be able to make money for service levels to improve
  • IACS membership is not a case of 'jumping through hoops'
    Turk Loydu 'is not, and never has been' an applicant for full membership, says IACS
  • Costamare acquires boxship duo for long-term charter to Maersk
    Deal for two 5,000 teu vessels follows 10-year durations for Greek owner's Yang Ming newbuilds
  • Five risks to check: Ship finance
    Regulation and higher interest rates are resulting in more risks for owners and lenders despite freight market recovery
  • Epic Gas refinances five vessels
    The company is now left with only one vessel to be refinanced prior to the loan expiry in November 2019
  • CMA CGM confirms Iran exit over fears of US sanctions
    CMA CGM has said it will halt services for Iran because it does not want to fall foul of the...
  • BW LPG raises offer for Dorian LPG
    It is time to act now, says BW chief executive Martin Ackermann
  • Daily Briefing
    Exclusive interview: Euronav's Paddy Rodgers | Five risks to check: LPG shipping | The Lloyd's List Podcast: Markets outlook and...
  • BW Group raises stake in Hafnia Tankers to 43.5%
    BW Group will look for future synergies with the Danish shipowner, BW chief Carsten Mortensen said
  • Nautilus flies the flag at London Pride
    Maritime professionals' union Nautilus marches for third year as the only entity representing the maritime industry

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The Journal of Commerceweb site
JULY 9, 2018
  • JOC Blockchain Explainer: Demystifying the buzz for shipping industry
  • Record US imports forecast for peak season
  • India's minor ports increase pressure on major, public rivals
  • Peak season to test year-long US chassis scale-up
  • Container lines end Iran services ahead of US sanctions
  • Trans-Atlantic spot rates rise despite slower US import growth from EU

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TradeWindsweb site
JULY 9, 2018
  • Cheniere eyes third dock for LNG vessels
    Fast growing supplier of liquefied natural gas wants to sharply raise the number of vessels calling on the plant.
  • Critics target Carnival's Arctic trips for fuel use
    Start of cruise season in Arctic region prompts concerns among environmental groups on fuel use.
  • Chembulk poaches Fairfield for new hires
    Latest part of hiring spree sees the chemical tanker owner beef up its commercial management.
  • Charter rally fizzles out as lines axe services
    Seven-month boom in boxship market runs out of steam as operators return vessels to owners amid rising costs
  • 10 crew hospitalised after cargoship fire
    Seafarers suffered inhalation on Amasus Shipping vessel in Denmark.
  • JP Morgan charts VLCC scrubber take up
    JP Morgan expects 81 VLCCs will be fitted with scrubbers by 2021 at a time when major owners are flocking to adopt the technology for their tankers. Analyst Noah Parquette's assessment come in a report today following news in the past week that both Frontline and DHT Holdings plan on retrofitting a number of vessels with the equipment. Traders turn to FFAs as hedge ahead of 2020 fuel regulation
  • Island Offshore fixes out MSV for seven years
    UK company Ocean Infinity takes Island Pride for global operations.
  • LPGC 'released by Houthis' after 62 days
    Saudi-led coalition says G Muse has left the port of Hodeidah.
  • Seanergy in refinance deal on two capesizes
    Athens-based capesize owner gets fresh injection of capital through sale-leaseback and refinance play.
  • Hunter on target after repair offering
    Oslo-listed owner adds extra $6.5m from subsequent offering.
  • Hapag-Lloyd rubbishes CMA CGM merger talk
    But German line's stock still rises 11% after report.
  • Costamare strikes 10-year Yang Ming deal amid further growth
    Five newbuildings and two second-hand ships added to Greek owner's fleet.
  • Traders turn to FFAs as hedge ahead of 2020 fuel regulation
    Worries increase about the impact to tankers from low-sulphur bunkers rules, with disruptions in the offing
  • Bulker damaged after hitting rocks
    Initial repairs being carried out on SAM vessel after incident off Ceuta.
  • Havyard lands Royal Arctic design deal
    Per Saevik's Havyard has moved into a new market after inking a deal with Royal Arctic Line. Havyard Design & Solutions has won a contract to design two vessels carrying temperature-regulated containers and general cargo. Calls to both Havyard and Royal Arctic Line for further comment were unanswered at the time of writing.
  • Dry bulk and containers drive shipping upturn
    ClarkSea index shows overall rise of nearly one tenth during first half of 2018.
  • Palmali tanker to remain under arrest
    Turkish owner still to settle Litasco bunker bill in Denmark.
  • Glencore launches $1bn share buyback
    Trading and chartering giant targeting its own stock up to end of this year.
  • Facebook backs NOC's legitimacy
    Media giant endorses Libyan exporter's page as the only official one in split country.
  • BW LPG raises offer for Dorian LPG
    Martin Ackermann says new proposal shows "the time to act is now".
  • BW Group takes 43.5% stake in Hafnia Tankers
    Singapore owner expanding again through agreement with Blackstone, Tufton Oceanic and Hartmann.
  • US clears Cosco's OOCL takeover on security grounds
    Foreign investment committee okays deal after owner agrees to sell Long Beach terminal
  • Iran asks for help as CMA CGM pulls out
    Rodolphe Saade blames Trump sanctions for halting services to country.
  • Vard Holdings aims for August SGX exit
    Majority stakeholder Fincatieri hopes minority shareholders will finally let it take the Singapore-listed shipbuilder private.
  • Epic Gas closes $34m refinancing deal
    Five-ship deal brings total number of vessels the gas player has refinanced this year to nine.
  • EchoStar drops Inmarsat takeover bid
    US satellite company says it will not be making a third offer for its UK rival.

news on subscription
American Shipperweb site
JULY 9, 2018
  • CMA CGM ending service to Iran
    CMA CGM has decided to end service to Iran, according to a story by Reuters .
  • Container volume growth continues in May
    Global transport volumes of containerized cargo grew 1.3 percent to 14.47 million TEUs in May compared with the same month a year ago, as strong growth in imports and exports to and from Europe and exports from North America was offset in part by a decline in Asian volumes, according to the latest data from industry analyst Container Trade Statistics (CTS).
  • Customs advisory panel charter renewed
    The secretaries of the departments of Treasury and Homeland Security have approved the charter for the renewal of U.S. Customs and Border Protection's (CBP's) Commercial Customs Operations Advisory Committee (COAC), CBP announced.
  • Bill aims to elevate shippers' FMC awareness
    Rep. Bill Posey, R-Fla., has proposed legislation that aims to enhance "public awareness and understanding of ocean shipping services agreements, use of ocean transportation intermediaries and other shipping services" through the U.S. Federal Maritime Commission's Office of Consumer Affairs and Dispute Resolution Services (CADRS).
  • COSCO selling Long Beach Container Terminal
    COSCO Shipping said that as part of its plan to acquire the parent company of container carrier Orient Overseas Container Line (OOCL) it has agreed to divest Long Beach Container Terminal Inc. (LBCT) to a "suitable, unrelated third party" acceptable to the U.S. government.
  • Commerce finds Chinese sodium gluconate dumping
    The Commerce Department reached a preliminary determination that sodium gluconate, gluconic acid and derivatives from China are, or are likely to be, sold in the U.S. at less than fair value, Commerce said.
  • Trade deficit shrinking as tariff battle escalates
    The U.S. trade deficit continued to shrink in May, narrowing for the third straight month and falling to its lowest level since October 2016.
  • Volga-Dnepr hires air cargo veteran
    Ulrich Ogiermann has joined Volga-Dnepr Group as senior vice president for operations and deputy general director for CargoLogicManagement.
  • Tariff retaliation drives up Tesla prices in China
    Tesla Model S and Model X car prices have risen by roughly 20 percent after China on Friday implemented tariffs in retaliation against some $34 billion worth of U.S. tariffs in 2017 import value imposed against the nation on the

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The Bunker Bulletinweb site
JULY 9, 2018
  • Tanker owners feel the pinch of higher bunker prices
    Time-charter rates have not risen as fast as bunker prices.
  • SUBSCRIBER NOTE: Platts expands list of ports reflected for LSFO Med cargoes
  • Delays in Rotterdam bunker market amid high demand
  • Asian crude buyers cheer price competition between OPEC, US
    Two major producers, Saudi Arabia and the UAE have already delivered price cuts to their Asian customers last week
  • External: Global Risk Management
  • Singapore HSFO viscosity spread narrows to near 4-month low on strong 380 CST
    Meanwhile, "the 180 CST market is not so weak ... supply is still tight," a trader said.
  • BW Group buys 36.3% stake in Hafnia Tankers, increases ownership to 43.5%
    BW Group's move to buy a significant stake in Hafnia Tanker comes after its merger talks with Connecticut-based Diamond S Shipping cooled last year.
  • FUTURES: Crude higher amid ongoing supply concerns, Iran comments
    "Supply squeezes and ongoing trade tensions between US and China are keeping prices rangebound at the moment," an analyst said.




Est Europea Servizi Terminalistici Vincenzo Miele ABB Marine Solutions


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