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24 February 2018 The on-line newspaper devoted to the world of transports 20:30 GMT+1




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Sched Netweb site
JANUARY 15, 2018
  • Asia-Europe rate rises 1pc to US$897/TEU, up 3.3pc to USWC
  • Singapore still world's 2nd largest container port, handling 33.7m TEU in 2017
  • HMM rejects SM Line's trans-Pacific pact offer
  • S Korea's Incheon port handles all-time high of 3.04 million TEU in 2017
  • Cosco receives 3rd 14,500 TEU vessel from China State Shipbuilding
  • DP World forecasts 10pc growth in box throughput in 2017 with new investments
  • Boxship charter market in healthy state but owners still have concerns
  • GLP to delist from Singapore in a US$12b privatisation deal
  • TIACA expands presence in Latin America
  • Arizona airport to open air cargo hub to process US-Mexico e-commerce traffic
  • Dog food and semiconductors compete for tight air cargo space

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Exim Indiaweb site
JANUARY 14, 2018
  • Baltic Exchange LNG Panellists Group formed
  • Prologue & Prelude to the Bill of Lading (B/L)
  • RCL's new common feeder service inaugurated at DBGT
  • Foundation stone laid for International Cruise Terminal at Mumbai Port
  • Indo-Iran joint business seminar discusses Chabahar Port, opportunities in Free Zone & Transit Corridors
  • JNPT appointed Special Planning Authority for SEZ project
  • Key govt officials visit JN Port
  • MANSA welcomes Mumbai Port's decision to implement round-the-clock cargo handling operations
  • Mansukh Mandaviya inspects facilities, ongoing projects at KoPT & IWAI jetty
  • Commerce Secretary calls for urgently devising policy framework to address export finance issues
  • Suggestions put forward by FIEO President Ganesh Kumar Gupta during the 3rd meeting of the Council for Trade Development & Promotion held in New Delhi

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International Transport Journalweb site
JANUARY 15, 2018
  • Nordic cool
  • VAP calls for more railfreight infrastructure
  • New director in St Petersburg office
  • Geodis ships 2.3 million orders
  • Delivery of first serially produced e-trucks
  • Boeing builds big cargo drone prototype
  • CI6 service to connect East China to West India
  • Hamburg Süd: Horn receives sceptre from Graumann
  • Mosolf scoops up releasing agent AFG
  • India launches smart freight operation app
  • Shanghai-Europe rates rise further, says Drewry
  • European airports continue to note cargo upsurge
  • Pyramidal takeover in Brazil
  • 147,000 carloads of new rail traffic annually
  • Janel Group grows on Pacific coast
  • Year of gains for Port of Prince Rupert
  • Slot booking app goes live at Brussels airport

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IHS Maritimeweb site
JANUARY 12, 2018
  • Italy's RBD Armatori declared bankrupt
  • Daewoo Mangalia takeover still on target, says Damen
  • Hyundai HI tipped to win LNG carriers from Sovcomflot
  • Yangzijiang establishes leasing and chartering company in Singapore
  • Baltic Exchange gears up for LNG index with panellist group
  • Korea Maritime Corporation to back building of 200 ships by 2020

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The Loadstarweb site
JANUARY 12, 2018
  • Air freight community high on strong December and full-year 2017 figures
  • Spot rates remain flat on Asia-Europe/US trades as carriers fear losing volumes
  • Gefco buys Morocco-Europe fashion and automotive groupage operator GLT
  • Rhenus aims to ease Brazilian services with takeover of local broker Pirâmide SeaAir
  • One in 12 lorries may be fitted with device to give false emission readings
  • Crowley makes changes at the top in Caribbean and Central America
  • Toyota signs Amazon, Pizza Hut and Uber as driverless-delivery partners

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Marine Logweb site
JANUARY 12, 2018
  • Foss Maritime appoints Bryceon Sumner as CFO
  • Fincantieri to offer FREMM based frigate for Navy's FFG (X) program
  • Armstrong Marine cat completes first Hawaii tour
  • Trump Administration offshore drilling plan meets strong opposition
  • Baltic Exchange to develop LNG shipping index

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Lloyd's Listweb site
JANUARY 12, 2018
  • Could Cosco still have eyes for Gener8?
    Chinese conglomerate revealed to have been a rival to Euronav in Gener8 deal, but speculation is rife that interest in...
  • Kea Trader salvage operation resumes
    New salvage contract expected to be announced in the next week as costs surpass $100m
  • How much of a threat is Yemen to international shipping?
    As disruption related to the war persists, motivations for piracy attacks remain ambiguous and solutions elusive
  • Shipping notes from Wall Street
    Alternative finance gets more complex but owners have the upper hand
  • Daily Briefing
    Miller Insurance declines to comment on what it says is a 'client matter' after International Group says proposed tender is...
  • UK shortsea capacity grows
    Total capacity rises but Scandinavia trade continues to decline
  • Ocean freight rates firm ahead of Chinese New Year
    Ships close to full on major east-west trades ahead of January 15 GRIs, but excess vessel supply will come to...
  • Ship calls at LA and Long Beach show long-term decline
    Overcapacity plagues southern Californian heavyweights as ship sizes increase and competition intensifies
  • Italy's RBD Armatori declared bankrupt
    Creditors have until April 10 to lodge claims for payments
  • ABS hires Lewis for media role
    Gareth Lewis leaves Associated British Ports for ABS
  • Cosco signs VLCCs deal with Sinochem
    State shipping giant eyes continued expansion of its fleet
  • Rescuers resume Sanchi firefighting operation
    Shanghai's maritime search and rescue officials request more fire extinguishing foam supplies from neighbouring provinces to battle the flames
  • Korean shipbuilders bet on environmentally sustainable vessels
    Industry participants expect demand for 'green' vessels to increase amid tightening regulations
  • South Carolina Ports seeks government funding for new terminal
    Future terminal in Jasper County, South Carolina to be jointly developed with Georgia Ports Authority
  • PSA and Institution of Engineers Singapore launch port and marine certification
    Global port operator will work with IES to identify skills needed to meet operational requirements for smart ports
  • Capital Product Partners buys aframax with attached four-year charter
    Tanker will be purchased from parent in drop-down transaction for $52.5m

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The Journal of Commerceweb site
JANUARY 12, 2018
  • Evergreen orders eight 11,000 TEU ships
  • Port of Oakland pushes truckers to upgrade tractors
  • Politics clouds outlook for breakbulk steel shipments
  • Deal makes DCLI largest US chassis provider
  • Brazil chicken exports firm, after health issue addressed
  • East-west rates rise ahead of Lunar New Year

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TradeWindsweb site
JANUARY 12, 2018
  • LA port has best year due to better efficiency
    Facility says it saw the most cargo traffic ever in 2017 and moved the most freight of any Western Hemisphere port.
  • Singapore box traffic up from shipping alliance shuffle
    Cargo tonnage and bunker sales also benefited in 2017, according to Port of Singapore.
  • Greeks swoop on third Chevron tanker
    Horizon Tankers linked to deal for 2003-built aframax.
  • EMGS ship utilisation crashes back
    But Oslo-listed owner has reactivated one of two vessels for multi-client work.
  • Shanghai port profit surges in 2017
    Chinese terminal made $1.8bn on a net basis last year.
  • Cochin Shipyard signs Mumbai shiprepair deal
    Indian shipbuilder to help expand yard facilities at domestic port.
  • Commerzbank starts Hapag coverage with 'buy'
    German bank says there is 35% upside to stock within a year.
  • More boxes removed as Kea Trader wreck rotates
    Salvors have removed all but 99 containers from stricken Lomar vessel.
  • Imabari buying rival Minaminippon yard
    Shipbuilder snapping up stakes owned by MES and MOL.
  • HHI 'moves ahead with $2bn Oilbank IPO'
    Korean yard group said to have brought in advisors to list refiner.
  • Russian tankers sold to repay bunker debt
    Volgo-Don Shipping Agency vessels auctioned by Ukrainian court.
  • Owner: Andromeda arms cargo not illegal
    Greek company says storage for explosives was offered in Libya, but it chose not to go.
  • UPDATE: Sanchi 'keeps exploding'
    Blasts on stricken NITC suezmax hampering firefighting and rescue efforts.
  • Tiger Bulk registers Scorpio Bulkers shares for sale
    Company may divest 2.1% interest acquired in November as part of sale of three ultramaxes to New York-listed SB.

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American Shipperweb site
JANUARY 12, 2018
  • Executive Moves: TraPac, IANA, American Maritime Partnership and Odfjell
    Source: Pressmaster/Shutterstock TraPac appoints new president and CEO; IANA installs 2018 board of directors and officers; the American Mar...
  • French ports will be linked to Switzerland via rail
    Naviland Cargo and the French ports of Marseille Fos and Le Havre are launching a rail shuttle container service to Switzerland in mid-Marc...
  • Delta Airlines sees cargo revenues soar 14.4% in Q4
    Delta Airlines increased cargo revenues 14.4 percent for the fourth quarter of 2017 compared to the same period in 2016, driven by higher v...
  • Rhenus snatches up Pirâmide SeaAir
    The Rhenus Group acquired Brazilian customs broker and software provider Pirâmide SeaAir Comércio Exterior this month, the company announce...
  • WLS: Post-peak season carrier capacity drops marginally on major east-west trades
    In the fourth quarter of 2017, ocean carrier capacity decreased slightly across two out of the three major east-west trades following a rel...
  • Boeing unveils cargo drone for last-mile deliveries
    U.S. aerospace manufacturer Boeing unveiled a working prototype cargo drone on Thursday with the end goal being "the ability to carry hundr...
  • GAO report details CBP failures to verify licenses for radiological imports
    U.S. Customs and Border Protection (CBP) airport officials have not verified licenses for some radiological imports and its processes do no...
  • Commerce submits results of national security investigation of steel imports to Trump
    Commerce Secretary Wilbur Ross on Thursday formally submitted to President Donald Trump the results of an investigation led by his departme...
  • Port of Felixstowe begins next phase of expansion efforts
    A new paved container yard will be constructed at the port for increased container storage and handling. Hutchison Ports Port of Felixstowe...

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The Bunker Bulletinweb site
JANUARY 12, 2018
  • US to renew 120-day waiver on oil-related Iran sanctions for the last time
    US President Donald Trump said Friday he will renew for another 120 days waivers on sanctions targeting Iranian oil sector but warned Congress and European allies that they need to fix the nuclear deal or the US would withdraw from it.
  • Nigeria oil production rises to 2.06 mil b/d on higher exports: ministry
    Nigeria's crude oil production, including condensates, rose to 2.057 million b/d in December on higher exports along with stronger production from some of the key fields, the oil ministry said Friday.
  • Russian Novak says $70/b oil price may be short term; early to speak of output cut deal exit: report
    High oil prices that hit three-year high level of $70/b this week do not necessarily mean the oil market has balanced as they could be of a short-term nature, with the OPEC/non-OPEC coalition to continue monitoring the situation on the market, Russian energy minister Alexander Novak said Friday.
  • OPEC/non-OPEC deal should end smoothly if oil above $70/b over 6 months: Lukoil
    OPEC and non-OPEC crude producers participating in the joint output cut deal should smoothly exit the agreement to curb their production if the oil price stays at $70/b for some time, CEO of Russia's second-largest oil company Lukoil, Vagit Alekperov, said Friday, warning, however, against "hasty actions" amid an unstable market.
  • ARA fuel oil stocks up 10% to 1,035,000 mt: PJK
    Fuel oil stocks at the Amsterdam-Rotterdam-Antwerp hub rose 10.2% to 1,035,000 mt in the week to Wednesday, data from PJK International showed.
  • FOB Rotterdam HSFO barge crack plunges to 18-month low
    High sulfur fuel oil FOB Rotterdam barge cracks have fallen to their lowest levels in 18 months due to the surge in ICE Brent crude futures and weak fundamentals, unable to counter the downward pressure coming from the crude market.
  • Strong winds to disrupt Istanbul weekend bunkering: sources
    Strong winds are expected in the Eastern Mediterranean, particularly Istanbul, over the weekend but this has left suppliers divided as to the impact on bunkering activity.
  • Singapore 2017 bunker sales grew 4.2% to record high of 50.6 million mt
    Spurred by global trade growth, repositioning of shipping alliances.
  • External: Wired Bunkering
  • INTERVIEW: Italy's Fratelli Cosulich eyes over 5% growth in bunker sales in 2018
    "Volumes in Singapore are likely to be steady to higher in 2018," Cosulich said.
  • FUTURES: Crude steady to lower; eyes on US Iran sanctions decision
    The bullish scenario is built-in and profit-taking is due to happen soon, Tony Nunan, senior adviser at Mitsubishi Corporation said.




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