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21 June 2018 The on-line newspaper devoted to the world of transports 23:35 GMT+2




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Sched Netweb site
MAY 14, 2018
  • Asia-Europe rate rises 2.9pc to US$811/TEU, dips 5.9pc to USWC
  • Yang Ming sinks deeper in red in Q1 with net loss of US$65m
  • ICTSI Q1 net income sinks 15pc to US$44.1m despite volumes increase
  • MSC to invest US$1.09b in major expansion of Abu Dhabi's Khalifa port
  • Container volume on Asia-US east coast trade surges 16pc
  • US retail port volumes forecast to rise despite looming China import tariffs
  • Automated invoicing can help shipping industry to save billions: Drewry
  • Insurers urge maritime industry to address cyber threat
  • UPS names new president for the UK, Ireland and the Nordics
  • Lufthansa Cargo to receive 2 new Boeing 777 freighters in 2019
  • ATSG Q1 profit soars 60pc to US$16m
  • IAG quarterly operating profits soar 133pc as cargo revenues rise 2.1pc

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Exim Indiaweb site
MAY 13, 2018
  • BDP International unveils enhanced 'Smart Tower' application for increased visibility management
  • Bulk carrier casualty report presented to IMO
  • Easy financing models being worked upon to promote private participation in developing inland waterways
  • Lines taking a relook at Iran operations following US decision
  • MOL in agreement to charter FPSO in Brazil
  • Safmarine to ship 80 cryogenic tanks to the US this year
  • SCI strengthens coastal network; launches Chennai-Port Blair service
  • The Legal Effect of the Unknown Clauses in a Bill of Lading under the International Rules
  • Yang Ming's consolidated revenues up in Q1
  • Customs & Postal Department hold first ever joint conference to deliberate on streamlining imports & exports by post
  • India wants China to simplify pharma export process
  • First Silk Road train arrives at Port of Antwerp
  • Transporters' strike against DPD transport solution at JN Port called off
  • Transporters' stir at JN Port continues amid hopes of a solution soon
  • Amendment in import policy of Beans of the species Vigna mungo (L.) Hepper or Vigna radiata (L.) Wilczek under Chapter 7 of the ITC (HS) 2017, Schedule- I (Import Policy)
  • Blue Dart posts INR 142.10 cr. net profit for 2017-18
  • SAL Heavy Lift & Sai Maritime hold knowledge sharing workshops

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International Transport Journalweb site
MAY 14, 2018
  • Silver candles for overnight express network
  • Angolan flag carrier renews NAM contract
  • Transport division flourishes in 2017 and Q1
  • Alha Group awarded again by Anama
  • Baxter Freight celebrates 100'000th shipment
  • Green light for MOL's academy in the Philippines
  • Another new position for Knowlton at Bestpass
  • NEE sees membership grow
  • Air and overland transport enhance 2017 result
  • Hactl handling Flexport's new service from LAX
  • Further classification of fuel efficiency by DNV GL
  • GAC opens contract logistics facility
  • Hapag-Lloyd CEO on board for five more years
  • More forest products moved by rail in Sweden
  • ICTSI - more volume, lower income
  • ECS Group pushes UIA partnership to India

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IHS Maritimeweb site
MAY 11, 2018
  • Gold Star Line could handle a record 1 million teu this year
  • Hunter Group builds up VLCC contract portfolio
  • Pan Ocean eyes stronger 2018 on healthy dry bulk market
  • Speculation may be creating overcapacity, say Singapore shipowners
  • Maritime surges ahead in decarbonisation race, thanks to 'little miracle'
  • Busan pier to shed staff as Sinokor moves containers

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The Loadstarweb site
MAY 11, 2018
  • Maersk leads the way as carriers look to raise Asia-Europe FAK rates
  • Non-US forwarders must scrutinise their businesses if they want to trade with Iranian companies
  • Latin recovery fails to save Viracopos airport as operator files for bankruptcy
  • Digital disruptors risk 'de-skilling' the logistics market
  • Eximchain develops public blockchain to give logistics SMEs legitimacy
  • Man changed address of UPS HQ to own apartment
  • PSC: worst ports (in Paris MOU) with real threat to get detained
  • Sean van Dort steps up to become new chairman of the Global Shippers' Forum
  • Andy Fitt named new managing director of Yusen Logistics UK

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Marine Logweb site
MAY 11, 2018
  • TOTE Maritime Alaska delays Orca class LNG conversion
  • Master Marine delivers third towboat to Waterfront Services
  • Clarkson shareholders in growing revolt on executive pay
  • Norway to expand maritime traffic service radar coverage
  • TOTE Maritime introduces new mobile app

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Lloyd's Listweb site
MAY 11, 2018
  • The Georgia and Virginia tie-up: Better than the sum of its parts
    East Coast Gateway Terminal Agreement allows port authorities to punch above their weight
  • The Interview Gordon Downes
    Reliability is a concern for both shippers and carriers, and by providing enforceable contracts, NYSHEX hopes to improve service levels...
  • The Lloyd's List Podcast: The week ahead
    On this week's podcast: How shipping can mitigate risk from Iranian sanctions | What's happened to shipping's toxic debt? |...
  • CIMC Enric suspends Lloyd's Register link
    LR is said to have offered certifications to competitors' products, despite knowing they infringed CIMC Enric's patents
  • Panel event to address shortcoming in gas shipping sector
    Claims that a deep knowledge and experience in the gas sector is not available in the marine industry will be...
  • Yang Ming suffers after 'slack' first quarter
    With the new containership capacity scheduled to be delivered in 2018, the record levels of capacity is expected to slightly...
  • What's behind Japanese shipbuilder co-operation?
    Japanese business remains an enigma to non-Japanese observers
  • ConocoPhillips dispute leads to tanker queues in Venezuela
    Lloyd's List Intelligence data shows 85 vessels off Puerto José
  • Pioneer Marine optimistic after 'successful' quarter
    Greece-based handysize owner looks ahead with optimism after posting a net profit in the first quarter
  • East coast ports benefit from box carrier cascading
    East coast throughput rising as west coast volumes fall
  • DSV upbeat on market outlook as customer sentiment remains positive
    Freight forwarder optimistic over market outlook and plays down fears of slowdown
  • Looming US sanctions weigh on Tehran newbuilding plan
    IRISL could find it more difficult to secure employment for the vessels being built at HHI
  • Shareholders baulk at pay deal for Clarksons' directors
    The concern over wages comes amid a profit warning for 2018 on the back of weak sale and purchase activity...
  • Gener8 sets date for investor vote on merger with Euronav
    At least 48% of the Gener8 shareholders are expected to back Euronav's all-share offer
  • Legal advice needed for Iran-related fixtures, UK P&I Club warns
    Members told the reinstatement of Iran sanctions relates to the provision of marine insurance, port operators and shipping and shipbuilding...
  • Last Word: A toast to tradition
    Annual event aims to bring people together and has historically been held at the Baltic Exchange building

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The Journal of Commerceweb site
MAY 11, 2018
  • Asia-Europe spot rate rebound foreshadows more volatility
  • Europe feeders adapt to shippers' reefer, clean air demands
  • India urges port-based 3PLs to adapt to lessen trade reform's impact
  • ILA-USMX gear up for talks on six-year contract
  • Poor Asia-Europe rail infrastructure slows cargo, hampers growth

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TradeWindsweb site
MAY 11, 2018
  • Gener8 deals last aframax
    New York owner had cleared out three similar units last year prior to Euronav merger news.
  • Diana Shipping looks ahead with optimism
    Simeon Palios-led bulker owner expects to 'benefit from improving conditions', having narrowed losses for the first quarter.
  • Vogel: Eagle's eyes on enbloc bulker deals
    Chief executive outlines preferred growth path but stays quiet on target fleet size.
  • Roshydromet inks debut vessel order
    Russian hydrographic agency picks Admiralty yard for new research ship.
  • Profit soars at Kyoei Tanker
    Japanese VLCC owner sees earnings jump over last 12 months.
  • Gibson rumours strike the wrong chord, says Richardson
    A chapter 11 filing by a US guitar maker whose instruments were favoured by David Bowie and Chuck Berry has created an uncomfortable backing track for a UK shipbroker in the past week. Gibson turns on the British charm in Singapore Gibson Brands sought court protection in the US at the start of May, sparking rumours in the shipping market surrounding possible office closures and staff departures
  • Fearnley Securities says buy Troim's 2020 vision
    Analysts launch coverage of 2020 Bulkers with positive view on asset prices and scrubber selection.
  • Taiwan Navigation bulker sale price catches the eye
    Taiwan Navigation has achieved a surprisingly low price for 17 year old Japanese built panamax bulker, brokers say. The Sumitomo built 73,000-dwt Tai Price (built 2001) has been sold to a Chinese buyer for $8.2m, sources claim. The vessel is due for dry-docking. Last week US listed DryShips sold the Kanasashi built 75,000-dwt Maganari (built 2001) for $10m. Tai Price has been in the Taiwan N
  • Two crew dead from 'natural causes' on cargoship
    Turkish operator contradicts reports of poisoning on vessel in Cape Verde.
  • Yang Ming loss widens in 'slack' first quarter
    But Taiwanese owner pushes up revenue and volumes despite low season.
  • Annual loss grows at Namura Shipbuilding
    Revenue also down at Japanese yard.
  • Danske sees terminal tonic for Odfjell
    Possible sale of stake in Rotterdam facility changes investment picture, Anders Karlsen says.
  • Kjell Inge Rokke's Ocean Yield eyes bond issue
    Oslo-listed company calls in banks to explore move in debt capital markets.
  • Reach Subsea wins five-year Statoil contract
    Norwegian owner to supply vessels to major for maintenance and repair work.
  • GulfMark predicts 20% rise in North Sea spot rates
    Restructured OSV owner shifts two ships back to UK as market improves.
  • Polarcus makes it back into profit
    Middle East seismic player back in black as revenue improves.
  • Hunter builds VLCC order to potential 10 ships
    Tanker newcomer declares three options at DSME - and adds three more.
  • Pan Ocean reports 23% jump in profit
    South Korean shipowner continues turnaround on the back of improving dry bulk fundamentals
  • Pioneer and BaltNav go their separate ways
    Owner also confirms deals for three ships from Interorient Navigation at "attractive" prices.
  • Nitta Kisen receives $1m "magic pipe" fine
    US Coast Guard tipped off by ship's junior engineer during inspection in May 2017.
  • Annual loss grows at Namura Shipbuilding
    Revenue also down at Japanese yard.
  • Danske sees terminal tonic for Odfjell
    Possible sale of stake in Rotterdam facility changes investment picture, Anders Karlsen says.
  • Kjell Inge Rokke's Ocean Yield eyes bond issue
    Oslo-listed company calls in banks to explore move in debt capital markets.
  • Reach Subsea wins five-year Statoil contract
    Norwegian owner to supply vessels to major for maintenance and repair work.
  • GulfMark predicts 20% rise in North Sea spot rates
    Restructured OSV owner shifts two ships back to UK as market improves.
  • Polarcus makes it back into profit
    Middle East seismic player back in black as revenue improves.
  • Hunter builds VLCC order to potential 10 ships
    Tanker newcomer declares three options at DSME - and adds three more.
  • Pan Ocean reports 23% jump in profit
    South Korean shipowner continues turnaround on the back of improving dry bulk fundamentals
  • Pioneer and BaltNav go their separate ways
    Owner also confirms deals for three ships from Interorient Navigation at "attractive" prices.
  • Nitta Kisen receives $1m "magic pipe" fine
    US Coast Guard tipped off by ship's junior engineer during inspection in May 2017.

news on subscription
American Shipperweb site
MAY 11, 2018
  • Port of Gothenburg volumes rise slightly
    The Port of Gothenburg in Southern Sweden handled 188,000 TEUs during the first quarter of 2018, up 3 percent from last year's first quarte...
  • What to do if your ELD malfunctions
    With the electronic logging device (ELD) mandate in full effect, drivers have to know what to do if the device malfunctions. On "Land Line...
  • L.A. vetoes Cal Cartage port operating agreement
    The Los Angeles City Council has taken away the ability of California Cartage Co. (CalCartage) to operate at Foreign Trade Zone 202 at the ...
  • L.A. port's box number slips
    The Port of Los Angeles handled 705,536 TEUs in April, a drop of 1.3 percent compared to last April's record of 714,755 TEUs. The port's A...
  • Dynamo invites startups to camp
    The venture capital investor Dynamo announced at a Rise of the Rest seed fund road show stop Thursday that it will host a Founders Camp for...
  • Speaker Ryan: NAFTA resolution deadline Thursday
    House Speaker Paul Ryan, R-Wis., on Wednesday said that the Office of the U.S. Trade Representative (USTR) needs to finalize the NAFTA rene...
  • Yang Ming loss deepens in Q1
    Yang Ming Marine Transport Corp. had a total comprehensive loss of 2.14 billion New Taiwan Dollars (U.S. $71.89 million loss) for the first...
  • Ross: No 'unlimited patience' in deferring tariffs on China
    A bilateral negotiation in which the United States is seeking fairer treatment for its companies doing business in China remains in an earl...
  • Japanese carrier nets $1 million fine for pollution
    The U.S. Justice Department said Japanese ocean carrier Nitta Kisen Kaisha was fined $1 million by a federal district court on Thursday for...

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The Bunker Bulletinweb site
MAY 11, 2018
  • LPG vessel makes rare voyage from Mexico to Cyprus
    A handysize LPG vessel has made the rare voyage from Mexico to Cyprus, according to market sources and data from cFlow, S&P Global Platts trade flow software.
  • FUTURES 5: ICE Brent holds above $77/b, as crude backs off from highs
    Crude futures eased Friday from three-year highs set Thursday, as the market started to focus on the sustainability of higher prices and the potential for demand destruction.
  • East-West fuel oil arb at standstill in May on lack of VLCC fixtures
    The fuel oil arbitrage from Rotterdam to Singapore is on pause so far in May with no VLCCs or Suezmax vessels booked to take cargoes east, due to strong freight rates and an uneconomical arbitrage.
  • APL gears up to tackle sulfur, carbon emissions ahead of IMO rules
    Will use an array of options -- low sulfur fuels, scrubbers with HSFO and LNG.
  • Japan's Cosmo Oil may substitute Iranian crude imports with Kuwaiti oil
    Iranian grades account for 4%-5% of Cosmo's crude feedstock imports and it can be altered with Kuwaiti crude or other grades, a company executive at Cosmo said.
  • $70/b oil 'unsustainable': OPEC's newest member
    "More is good but it's not sustainable and we don't want to send mixed messages," Equatorial Guinea's oil minister said.




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