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22 February 2019 The on-line newspaper devoted to the world of transports 21:57 GMT+1

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Sched Netweb site
FEBRUARY 14, 2018
  • NY-NJ examines extended gate hours and studies rail efficiency
  • Box shipping lines globally see schedule reliability drop by 8.4 ppt in 2017
  • Trump's infrastructure plan could harm states facing budget shortfalls
  • Start-up disrupters take 3-5 years before they hit target: SeaIntel
  • Rise of new ports in Malacca Straits seems unlikely without alliance support
  • DSV seeks takeover targets after airfreight volumes rise 10pc in 2017
  • Agility joins IBM-Maersk blockchain platform for supply chain industry
  • The Nautical Institute produces Shiphandling Logbook for training seafarers
  • UPS to deliver 88m flowers during blooming busy Valentine's Day
  • Cathay Pacific makes it easier for travellers to visit Macau
  • Delta Cargo expands Pharma 4 to 8 new destinations worldwide

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Exim Indiaweb site
FEBRUARY 13, 2018
  • CMA CGM to upgrade ASAF connecting Asia with West Africa
  • HMM launches joint services with global liners between Asia & West Coast of South America
  • J. K. Consultancy & Shriji Tranz Shipping LLP launch new office in Baroda
  • Nautical Institute launches Shiphandling Logbook
  • Next generation hull calculation software launched
  • Dun & Bradstreet releases 'Port Logistics: Issues & Challenges in India' report
  • Montreal Port Authority & Mundra Port ink Cooperative Agreement
  • PSA Bharat Mumbai Container Terminals starts second regular service with Hapag-Lloyd vessel call
  • CONCOR, Shreyas Shipping & KICT emerge as a winning combination
  • Del Corona & Scardigli opens new office in Mumbai

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International Transport Journalweb site
FEBRUARY 14, 2018
  • Making history
  • New tractor for transport services in Switzerland
  • Cargo activities rising in Anchorage
  • PTC for Floridian rail corridor by year-end
  • Fiege relying on PSI software
  • Maritime networking in Central America
  • Onnen-Lübben waves good-bye
  • World's first digital portal for shipping dangerous goods
  • Mexican railway to serve new petroleum terminals
  • Evergreen adds charters to newbuilds
  • Pushing up revenue to over USD 400 million
  • UPS board of directors extended
  • Customs certificate for Militzer&Münch Maroc
  • Asia Airfreight Terminal to handle Air Seoul's cargo
  • ONE starting activities on Latin American-Asia loops
  • Test train with HGVs successfully completes long route

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IHS Maritimeweb site
FEBRUARY 13, 2018
  • US budget plan reveals port funding shortfalls
  • Bullish outlook for LNG tanker market
  • Australia's Newcastle port faces the coal conundrum
  • Cargo growth keeps Yildirim happy
  • Yang Ming gets green light for newbuilding orders
  • Test is yet to come for P&I sector, underwriter warns
  • WTO sees strong short-term container shipping growth
  • Shipowner set to name Kea Trader salvors
  • Sberbank and Sovcomflot seal project finance deal
  • Bourbon to sell 41 vessels as full-year losses double
  • Hyundai Merchant Marine's net loss widens
  • MOL allies with chemical tank specialist NCC
  • Triyards gets USD5 million lifeline as part of potential deal
  • BW behind LNG carrier order at DSME
  • Clearing of freight futures in flux after MiFID II
  • Saudi ports see positive growth after regulations are relaxed
  • Samsung HI cancels Ocean Rig order
  • Insurers tell shipowners to solve fuel issues fast

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The Loadstarweb site
FEBRUARY 13, 2018
  • HMM notches up billion-dollar loss, but carrier still plans to order more megaships
  • Predictive analytics will be vital to the supply chains of the future
  • E-commerce driving boost to Aramex revenue, but margins remain tight
  • EU antitrust regulators to fine NYK, Wilhelmsen and other car-carriers
  • World's biggest container line now worried about Amazon and Alibaba
  • Boost your reefer fleets or face a capacity crisis, carriers warned
  • Ammar Kanaan to take over as CEO of MSC's terminals arm

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Marine Logweb site
FEBRUARY 13, 2018
  • DHS seeks $750 million for Polar icebreaker program in FY2019
  • Kvaerner wins Barents Sea FPSO topside modules contract
  • Navy asks for ten battle force ships in FY 2019 budget request
  • Damen Verolme gets jack-up ready for next gen wind turbines
  • Canal Barge to retrofit further vessel with Becker Flap Rudder system
  • Bourbon reorganizes: Will take $210 million loss on sale of 41 vessels

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Lloyd's Listweb site
FEBRUARY 13, 2018
  • Finnish Supreme Court rules against owners in fairway dues dispute
    Convoluted decade-long legal battle likely to fizzle out
  • Tsakos close to kamsarmax order
    Greek owner also eyes tanker orders, while bulker deal not yet finalised
  • VLGC owners' hopes rise on back of scrappages
    Two 1990-built ships were demolished this month amid weak freight rates and firm scrapping prices
  • Turkey and Scandinavia boost Yilport volumes
    Turkish company sets ambitious targets for 2017 throughput
  • MOL partners with NCC for door-to-door liquid bulk shipping services
    Japanese giant to buy 15% of Nippon Concept Corp
  • Bourbon to offload 41 vessels at a loss as part of action plan
    Company continues to be "penalised" by challenging market conditions, provisions, depreciations and the weakening of the US dollar against the...
  • Yang Ming approves 20-ship fleet renewal plan
    Taiwanese carrier to invest in new ships to enhance operational competitiveness, despite being heavily indebted
  • HMM reveals full-year net loss soared in 2017
    The carrier also says it is investing $95m in refreshing its equipment fleet, adding 48,500 teu of new container capacity...
  • Daily Briefing
    Picking the most influential figures in dry bulk shipping has never been an easy task, but Lloyd's List has sought...
  • Schulte receives German regulator approval for Pronav takeover
    Through the acquisition, Schulte Group has increased the number of vessels under full management in its third-party management fleet by...
  • China to build testbed for autonomous ships
    The move comes after the maritime world has seen several similar projects unveiled since late 2016
  • Strong transpacific box growth expected after record 2017
    Healthy retail demand in 2018 will support US box import expansion, says latest assessment
  • Hyundai Mipo tipped for order growth in 2018
    Analysts believe that the number of orders for oil tankers and liquefied petroleum gas carriers to increase this year thanks to...
  • Wall St Note | Figures do not lie
    Despite being faced with a daunting reality, Herbjørn Hansson claims all is well with NAT
  • New salvage contract impending for Kea Trader
    Weather conditions preventing the removal of the reefer vessel's two halves in South Pacific
  • Wan Hai partners The Alliance on Middle East loop
    Carrier group recruits intra-Asia specialist for new AR1 service, as part of network fine tuning ahead of April launch
  • MISC posts 87% drop in fourth quarter profit
    The Bursa Malaysia-listed owner expects outlook for petroleum shipping segment to remain challenging in 2018, but smaller orderbook and strong...
  • Cosco Shipping Leasing to issue more than $300m ABS
    Underlying assets are creditors' rights and collateral interests of Cosco Shipping Leasing pursuant to certain finance leases
  • South Korea moves to bolster shipping trade
    Committee will discuss how industry participants can work together to boost exports and imports through domestic shipping companies
  • CMB Leasing and Wah Kwong agree to co-operate in ship leasing
    Wah Kwong can play a role as a technical and commercial manager, charterer, co-investor or borrower under the traditional lease...
  • Danaos talks to lenders over debt restructuring
    Containership lessor is also in breach of certain financial covenants owing to the Hanjin bankruptcy, and is in talks with...

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The Journal of Commerceweb site
FEBRUARY 13, 2018
  • Boston expansion's goal is to bring freight closer to customers
  • APMT Itajai to double capacity via three new services
  • Trump requests dredging funds for Savannah, Corpus Christi
  • ELD forcing US truck shippers to recalibrate
  • HMM's soaring volume, revenue unable to hold off $1 billion loss
  • Yilport's strong 2017 keeps top 10 global terminal goal in sight
  • Chennai's South India container share slipped more in January
  • Boeing: Air cargo to expand in mid-single digits through 2020
  • Labor dispute threatens Gothenburg's hub status

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TradeWindsweb site
FEBRUARY 13, 2018
  • Top shareholders at Ardmore shuffle ranks
    Institutional holders report revised positions in products tanker owner in wake of fourth quarter report.
  • Bunker, charter-in costs hit WWL results
    Oslo-listed shipping and logistics giant says overall results were good, but also lower than third quarter.
  • Banks to shipping: 11% greater than 2%
    Nordea's US shipping chief explains the basic math behind banks' withdrawal from shipping sector.
  • Blockchain best at beating the hackers
    Basis for Bitcoin keeps bad actors out of connected networks, as shipping increasingly looks at the technology.
  • AET Tankers weighs down MISC earnings
    Malaysian energy shipping conglomerate sees offshore segment as big winner last year while LNG holds steady.
  • NYK investigates embezzlement in China
    Japanese shipping company expects to run up at least JPY 2bn in losses
  • Lomar sells feedermax pair in fleet renewal push
    Lomar Shipping has sold two feedermax vessels as part of a fleet renewal drive, after the UK-based firm took delivery of a newbuilding quartet last year. Company spokesman David Wilson confirmed the sale of the 1,078-teu sisterships Dorothy Trader (built 2002) and Macau Trader (built 2001). Wilson did not disclose the buyers or the price at which the transactions were concluded. The Macau Trader
  • Diana Containerships scrapping panamax
    New York-listed containership owner disposes of vessel that reportedly had been in lay-up for over a year.
  • NGM Energy looking to sell veteran VLCC
    Greek owner said to be seeking buyers for one of its four veteran VLCCs.
  • Marinvest books two MRs at Hyundai Mipo
    Swedish owner boosts fleet with deal for 50,000-dwt tankers.
  • US Gulf's LOOP loads first crude on VLCC
    Test run for export capabilities will improve economics for shipping on larger tankers.
  • Latvian Shipping delisted in Riga
    Last day of trading before Vitol takes tanker owner private.
  • TransAtlantic sells mini-bulkers
    Viking Supply subsidiary clears out elderly dry cargoships.
  • NYK Line VLCC linked to Indonesian owner
    Japanese giant NYK Line is believed to have sold one of its older VLCCs. Shipbrokers report that the 303,000-dwt Taga (built 2004) has been bought by an Indonesian owner after being awarded a contract with Pertamina. A price of $26.3m is being placed on the tanker, above the $24.59m VesselsValue has against the Universal built ship. TradeWinds has contacted both NYK and Pertamina for comment.
  • Kea Trader salvage plan nears completion
    "Innovative solution" promised to remove both parts of grounded boxship from reef.
  • Poten & Partners warns on LNG contract length
    New low logged for 2017 but broker is concerned this may spell problems for investment in new supply.
  • Owners denied $100m fairway dues appeal
    Tallink, Finnlines and others stuck with Finnish ruling on "excessive" fees.
  • MOL buys into logistics player NCC
    Japanese owner snaps up 15% of door-to-door chemicals and gas company.
  • Five killed in drillship yard blast
    Another three men trapped after explosion on ONGC vessel at CSL.
  • VLCC reportedly heads for demolition in $17.1m deal
    Sinokor tanker is the latest big tanker set to be demolished, market sources say.
  • HMM loss hits $1.1bn after vessel sales
    Korean owner dented by offloading 10 ships to state fund in 2017.
  • Awilco LNG upbeat amid fourth quarter loss
    Shipowner says more newbuildings are needed after fourth quarter rates hit highest level since early 2014.
  • Yang Ming presses ahead with 20-ship newbuilding order
    Container line's board has given the green light to a string of newbuildings.
  • Western Bulk hits the road for refinancing
    Bulker owner considering new bond issue ahead of 2019 maturity.
  • Bourbon selling 41 PSVs as it restructures
    Disposal of older ships will mean impairment of $209m as owner tackles over-capacity and puts faith in digital revolution.
  • Triyards secures potential lifeline from asset manager
    Listed shipbuilder to receive initial $5m to cover overdue wages in Singapore and Vietnam.
  • TUI Cruises returns to Turku for Mein Schiff 7
    German-owned shipyard in Finland to build sister ship for fellow German cruise line.
  • Oldendorff completes Indian transshipment trial
    German owner says project with joint venture partner India Power was two years in the making.

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American Shipperweb site
FEBRUARY 13, 2018
  • Congressional Dems pan Trump infrastructure proposal, indicate hopes for bipartisanship
    While top-ranking congressional Democrats generally reacted in resistance to President Trump's infrastructure proposal released Monday, oth...
  • FTR: Class 8 orders hit 12-year high in January
    Net orders for North American Class 8 trucks totaled 47,200units in January 2018, the highest level since 2006, according to preliminary da...
  • S&P Global: 'Poor supply discipline' could threaten shipping recovery
    The broad-based recovery seen in global ocean shipping is likely to continue in 2018, provided vessel owners don't shoot themselves in the ...
  • HMM's revenues, box volumes rise in 2017
    South Korea's largest ocean carrier, Hyundai Merchant Marine (HMM), said Tuesday that its operating loss was smaller in 2017 than in 2016, ...
  • Port of Long Beach reports record January
    The Port of Long Beach handled 657,830 TEUs of containers in January, 12.9 percent more than in January 2017, and an all-time high for the ...
  • Executive Moves: MSC, Port of Redwood City, Suddath and CIPS
    MSC Group has appointed Ammar Kanaan chief executive officer of container port terminals arm Terminal Investment Limited (TiL) , effective...
  • Report: CEVA plans to go public (again)
    Hoofddorp, Netherlands-based third-party provider CEVA Logistics is planning an initial public offering some time before April, according t...
  • Profitable Q4 helps Echo grow FY2017 earnings
    Echo Global Logistics got back into the black in the fourth quarter of 2017, reporting a net income of $13.3 million compared to a $3 milli...
  • Danaos earnings float back up in Q4 2017
    Danaos Corp. recorded a $22.8 million net income for the fourth quarter of 2017, a sharp increase from a net loss of $446.6 million for the...

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The Bunker Bulletinweb site
FEBRUARY 13, 2018
  • Crude nearly flat ahead of key US inflation report
    NYMEX March crude settled 10 cents lower Tuesday at $59.19/b.
    Bunker fuel sales in Singapore rose 3.2% year on year to a record high of 4.61 million mt in January.
  • Bad weather suspends bunker operations at Malta: sources
    Adverse weather conditions around the Mediterranean port of Malta have created severe operational delays there.
  • INTERVIEW: Russia's Novak spells out vision for close long-term OPEC relationship
    Outlines post-OPEC deal mechanisms.
  • Singapore bunker sales gain 3% on year to new record in January
    January sales were also up 7.2% from December's 4.3 million mt.

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