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12 December 2018 The on-line newspaper devoted to the world of transports 20:44 GMT+1




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Sched Netweb site
NOVEMBER 13, 2018
  • Maersk Container Industry to launch new reefer digitisation service
  • South Korea's BNCT surpasses 10 million TEU mark
  • Trade war initial tariffs see US imports of Chinese goods slashed by 30pc
  • UK may revive Belgian ro-ro route to ease post Brexit snags
  • Kenya's farm exports gain access to world's most populous nation
  • Truck hijackings account for 24pc of cargo theft worldwide: study
  • Kerry Logistics wins Bloomberg award
  • HK traders optimistic about new market opportunities: DHL
  • Freighter fees to rise by 29pc at Schiphol airport from April
  • US expands certification for dogs trained to detect explosives

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Exim Indiaweb site
NOVEMBER 12, 2018
  • APL's Eagle GO Guaranteed extended to Asia-Latin America & North America-Latin America
  • Contship's La Spezia container terminal's Asiaroadshow concludes with remarkable success
  • MSC cargo shipping agencies worldwide certified to ISO 9001:2015
  • Owner claims against manager for failure to update ballast water management plan
  • SCFI spot rates unchanged
  • Twill extends service offering all incoterms
  • Virtual visits to assess safety now available on MOL next-generation VLCC
  • Wan Hai orders 20 container vessels
  • Commerce Secretary pitches for balanced India-China trade
  • India's plastics exports grows 31.6 pc between April-September 2018
  • US-India $ 500 bn trade target seen achievable
  • Coastal rice consignment of Food Corporation of India arrives at Cochin Port
  • Major Ports' throughput up 5.31 pc during April-Oct.
  • Paradip Port facilitates coal blending at MCHP
  • Prime Minister inaugurates multimodal terminal at Varanasi, receives container vessel
  • Shipping & port entities join hands with intent to form blockchain-based open platform
  • Cabinet approves leasing out six airports through PPP
  • DMICDC Logistics launches container tracking solution at 3 ports

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International Transport Journalweb site
NOVEMBER 13, 2018
  • Benelux not Brexit
  • HGV drivers need more appreciation
  • Positive train control to support US short lines
  • About Project Partners' most recent member
  • Chemical industry gets new logistics park
  • Alternative oil transfer solution at Trelleborg
  • First cargo screening certifications under new TSA...
  • Placing order for big batch of locomotives
  • Revenues top USD 2 billion mark
  • Felixstowe struck off Maersk AE7 list
  • SF Airlines opens new chapter
  • New general secretary at Liberian Shipowners' Council
  • Handsome profit for LKW Walter
  • Rotating deployment to ease driver shortage
  • Successful conclusion of Transnorm takeover
  • U.N. RoRo rolling out new services
  • "Curiosity of the Day"
  • News from Zhuhai Airshow

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IHS Maritimeweb site
NOVEMBER 12, 2018
  • Wan Hai finalises feeder ship orders
  • Tanker market boom could continue, analysts say
  • China Navigation eyes eco-friendly general cargo vessels
  • IMO 2020 focus shifts to commercial contract preparations
  • TTA profit triples as dry bulk and offshore sectors improve
  • Ship scrap sales slow as prices weaken across Indian sub-continent
  • Masumoto Shipping joins list in MR tanker newbuildings trend

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The Loadstarweb site
NOVEMBER 12, 2018
  • Operators busy as air freight peak season gets a boost from booming e-commerce
  • Yang Ming still struggling, as it reports $30m Q3 loss despite improving market
  • Anger grows among UK hauliers as shipping lines enforce loading 'surcharges'
  • Analysis: Hapag-Lloyd - the gift that keeps on giving... to the bankers
  • New Loadstar LongRead: The Panama Canal
  • UPS Freight workers okay new labour contract, avoiding strike
  • Agility reports 12% Q3 earnings increase

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Marine Logweb site
NOVEMBER 12, 2018
  • Tidewater reports a red ink quarter
  • Metal Shark completes second of two New Orleans RTA ferries
  • CIT names managing director to lead its maritime finance business
  • Rolls-Royce to equip two fishing vessels on order at Karstensen
  • Tidewater chooses UniSea to digitalize and standardize HSEQ and ops
  • American Queen Steamboat to buy two more ships
  • BIMCO launches survey on biofouling management
  • Kongsberg picks Leclanché to be its battery partner

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Lloyd's Listweb site
NOVEMBER 12, 2018
  • GC Rieber names new leadership
    Company insiders take the chief executive, chief financial officer and chief commercial officer roles
  • Capacity management driving transpacific rates boost
    Trade wars may push post-peak slowdown into the first quarter of next year, putting carriers' 2019 contract negotiations at risk
  • EuroDry makes first addition to fleet as an independent company
    Greek dry bulk owner confirms deal to purchase 75,845 dwt vessel. The price is not given, but brokers estimate a...
  • Australia demands end to IMO secrecy
    Australia says that transparency and openness reforms should be the first priority for the upcoming IMO debate, but it faces...
  • GoodBulk focus on capes as 'most attractive' segment
    Owner's stronger results reflect fleet growth and stronger rates for capes this year
  • ICTSI eyes $100m Visayas box hub
    ICTSI plans to carry out dredging works alongside both ports to allow safe passage for the new generation of international...
  • Wan Hai signs off on 20 newbuilds
    Japan Marine United will build eight 3,036 ships on behalf of Wan Hai and Guangzhou Wenchong Shipyard a dozen 2,038 units
  • Yang Ming sees trade war boosting China's exports
    Revenue has kept growing on more lifting volume, but bunker costs have gone up significantly
  • A winter boost for clean tankers
    Falling oil prices are spurring demand for oil and the short supply of vessels in certain load regions should boost...
  • Daily Briefing
    Can the bunkers industry confront its credibility problem? | Blockchain trials turn to finance | Tech start-ups face challenge to...
  • CMA CGM takes four Poseidon ships on five-year charters
    The four 6,927 teu vessels are expected to generate total ebitda of $135m for the owner over the charter period

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The Journal of Commerceweb site
NOVEMBER 12, 2018
  • E-commerce demand drives unlikely distribution spots
  • Analysis: US rail efficiency push a mixed bag for intermodal shippers
  • Santos corruption sting fuels Brazil port privatization push
  • Earnings reports show depth of carriers' low-sulfur challenge
  • Mundra benefiting the most from India's transshipment reform
  • Strike averted, UPS Freight restarts LTL freight shipping
  • Shipper benefit from logistics start-up funding boom murky

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TradeWindsweb site
NOVEMBER 12, 2018
  • Nordic American Tankers pulls DNB backstop
    Herbjorn Hansson's Nordic American Tankers will not be dipping into a backstop credit facility from DNB Bank it confirmed today as it set its sights on return to its debt-free past. New York-listed NAT has sold a number of vessels to strengthen its balance sheet this year and walked away from a bond issue which would have delivered further liquidity this summer. Nordic American Tankers stays sil
  • Diana Shipping sells second veteran bulker in a week
    Diana Shipping has struck a deal to sell its second veteran vessel in quick succession. New York-listed Diana says the 75,200-dwt Alcyon (built 2001) has been sold for $7.45m. Diana Shipping sells 17-year-old panamax bulker It is the second ageing panamax Diana has disposed of in the past week after the 75,336-dwt Triton (built 2001). Diana, which still has four similar ships in its stable of
  • Wan Hai inks newbuilding deals worth up to $900m
    Taiwanese box carrier has firmed up its deals to build 3,036-teu and 2,038-teu vessels in Japan and China.
  • Zoullas-led Delphin sells to Oceanbulk in first S&P deal
    Sophocles Zoullas-led Delphin Shipping is making his first move in the sale-and-purchase market with the disposal of an ultramax to Greece's Oceanbulk Maritime. Eagle Bulk bondholders back scrubber amendment Judging Scorpio Bulkers' early returns on sister deal US brokers report that the company's 63,000-dwt Vela (built 2015) has been sold to Petros Pappas-led Oceanbulk for about $20.3m. Tha
  • CIT taps veteran Cohen as new shipping chief
    New York lender had been 19 months with maritime seat open, but taps experienced banker to renew push.
  • Solstad fixes CSV in Brazil for up to four years
    Norwegian owner also announces extensions for two PSVs by Equinor.
  • Howe Robinson adds duo to tanker desks
    Genesis and Brassington pair to enhance broker's VLCC and suezmax operations.
  • Maitland slightly singed at the 'Clayfest'
    Even in an industry of colourful characters, Clay Maitland stands out from the crowd. So, it made for a packed ballroom at New York's Union League Club when the Society of Maritime Arbitrators (SMA) hosted a roast of the International Registries Inc (IRI) managing partner, whose company runs the Marshall Islands corporate and ship registry. El Faro: Congress gets its Act together Maritime lawye
  • Three crew asphyxiated on cargoship
    Probe starts after incident on timber carrier off Okinawa.
  • ArcelorMittal extends bulker buying spree to $150m
    Steel giant ArcelorMittal has taken its spending on bulker carriers in the past month to $150m with the purchase of a fourth vessel. JP Morgan sells newbuilding duo in asset play deal ArcelorMittal sells bulker for fraction of bought price European and US brokers report the Indian steel giant has purchased the 81,000-dwt Olga V (built 2017) for $30.5m from Capital Management Services of Greece
  • GC Rieber puts new top team in place
    Einar Ytredal gets CEO job permanently, while new CFO and COO appointed.
  • New Vision Shipping in successful supramax asset play
    Greek owner New Vision Shipping has carried out a successful asset play on a supramax bulker that it purchased a little more than two years ago. Multiple brokers in Europe and in the US report that the company has sold the 56,000-dwt New Kosmos (built 2005) to another Greek shipowner for more than $11m. New Vision tipped for profitable bulker sale to Akij New Vision buys and sells in fleet rene
  • Cosco Shipping International stronger in third quarter
    Bulker owner's result from continuing operations turns positive.
  • EuroDry inks first purchase as stand-alone company
    Talks for funding underway as new public company confirms debut deal.
  • Atlantska snaps up Standard Bulk panamax
    Pelagos increases value over three years as Croatian owner beefs up fleet.
  • Sting in the tail for booming transpacific trade?
    Consultancy Drewry warns tariff effect won't last for ever.
  • Two liner agencies drop IRISL in Europe over US sanctions
    Two European liner agencies have withdrawn from representing sanctions-hit Islamic Republic of Iran Shipping Lines (IRISL). Hamburg-based Peter W Lampke (PWL) and Genoa-headquartered Fratelli Cosulich have until now served IRISL's 10-day container service, which called at Antwerp, Hamburg and Genoa. US warns shipping: do not deal with NITC and IRISL Industry chiefs sign climate change pledge at
  • Louis sends third cruise ship for scrap
    Louis Group of Cyrpus has confirmed rumours in cruise circles that it has sold the 33,900-gt cruiseship Marella Spirit (built 1983). The company did not identify the buyer in a statement filed with the Cyrpus Stock Exchange last Friday, saying only that the deal would not have any impact on its 2018 financial results. Well placed scrapping sources say that the Marella Spirit has been sold to cas
  • Havila signs four-month Equinor PSV charter
    Havila Shipping has fixed more work for a platform supply vessel brought out of layup in April. It said the 3,800-dwt Havila Borg (built 2009) will work for Norwegian major Equinor for four months. The job is in the UK sector. The vessel was first reactivated for a Total charter lasting three months.
  • GasLog ship refloated after grounding
    Laden vessel pulled off mud by tugs and has resumed its voyage
  • Buyers inspect Neda Maritime VLCC
    Greek owner dismisses talk of a sale for offshore conversion as "absolute rubbishas"
  • Yang Ming adding four ships while returning seven
    Asian carrier optimistic that trade war will boost rates for Chinese exports.
  • Rodgers draws on 'dieselgate' in latest swipe at scrubbers
    Euronav chief escalates hostilities against scrubbers in Daily Mail newspaper comments.
  • Pirates fire on LNG carrier off Nigeria
    Vessel safe after attack by nine pirates in speedboat.
  • Tsakos tanker asked frigate to turn before clash
    TS Sola told warship to move to starboard four times ahead of collision.
  • Boxship sales spike on rising scrap prices ahead of 2020
    But annual demolition rate lowest for a decade as deliveries to swell capacity in 2018
  • Golar Power wins race for Croatia FSRU project
    Company beats off MOL and Maran Gas Maritime to win with LNG carrier conversion
  • GoodBulk confident in dry market recovery as it sets dividend range
    John Michael Radziwill-fronted company continues to see best value in capesize investments.
  • Nigeria's national tanker fleet plan takes slow steps to reality
    Start of two-man charter desk in London seen as part of NNPC's bid for 30 crude and product carriers
  • Turkmenistan eyes ro-ro newbuildings
    Balkan Shipyard planning to construct vessels to carry trucks and trailers.
  • $260m Brexit bypass plan for Ramsgate
    UK wants to avoid Dover-Calais congestion in case of no-deal EU exit.
  • Nigerian owners chase 'missing' $300m
    Shipping companies want answers on cash placed with the national financing fund.
  • VIDEO: 22 crew rescued after bulker fire
    Seafarers taken off Golden Ocean Line vessel off Indonesia.
  • Thoresen Shipping sees third quarter profit triple
    Thai supramax specialist continues to benefit from rate rally as it posts 40% jump in average TCE rate.
  • Pioneer Marine teams up with Interorient Navigation
    Details of commercial management deal emerge as bulker owner reports third quarter loss.
  • Algoma acquires product tanker for domestic fleet
    Canadian shipowner says customer demand continues to strengthen in this segment.
  • Margarita Louis-Dreyfus nears buyout of minority shareholders
    Commodities giant's chairperson says she is now well positioned to accelerate growth strategy.

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American Shipperweb site
NOVEMBER 12, 2018
  • Navarro to globalists: Stay out of U.S.-China talks
    With his signature candor, White House trade adviser Peter Navarro told Wall Street bankers and the extremely wealthy to spend their money at home.
  • Lineage Logistics acquires Yearsley Group
    Second-largest cold storage company expands its footprint in the U.K.
  • Teamsters ratify UPS Freight contract
  • Yang Ming reduces loss in third quarter
  • Alleged weapons smugglers nabbed in Seattle
  • Executive Moves: Railroading and ocean shipping
  • DHL Freight turns on driver recruitment initiative
  • JD.com enters all-cargo air freight market

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The Bunker Bulletinweb site
NOVEMBER 12, 2018
  • Crude settles lower amid falling equities, Trump tweet
    Crude futures settled lower Monday from a one-two punch of a selloff in equity markets and a tweet US President Donald Trump sent that cast doubt on production cuts OPEC and its partners hinted at.
  • Indonesia interested in OPEC membership again, but needs to cut its oil imports first
    Net oil importer Indonesia could reactivate its OPEC membership if it can successfully raise its crude production and reduce consumption.
  • Lukoil rules out contracts with Iran while US sanctions in place
    Lukoil will not sign new contracts with Iran while US sanctions against the country remain in place, CEO Vagit Alekperov said Monday.
  • External: Praxis Energy Agents DMCC
  • External: Marine Bunkering(Rotterdam)B.V.
  • Danish tanker group Torm forms JV ahead of 2020 to produce, install scrubbers
    In addition to the economic potential of the joint venture, it will allow Torm to secure availability of scrubbers ahead of the IMO 2020 rule.
  • Crude remains higher after OPEC flags output cuts in 2019
    A new strategy needs to be formed, UAE energy minister Suhail al-Mazrouei said at a press briefing.
  • OPEC, oil producer allies signal return to production cuts from next year
    Delegates said a Saudi-led proposal to cut up to 1 million b/d was discussed ahead of the meeting.
  • Saudi Arabia to cut oil exports but sees no sign of global oversupply: Falih
    Saudi Arabia has proposed a return to production cuts of up to 1 million b/d.




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