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24 May 2019 The on-line newspaper devoted to the world of transports 11:13 GMT+2

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Sched Netweb site
NOVEMBER 15, 2018
  • Shanghai Oct box volumes up 5.3pc YoY, but down from Sept
  • Wan Hai Lines orders 20 new container vessels
  • Yang Ming in the red for US$30m in Q3
  • Long Beach handles record containers in Oct despite US-China trade war
  • Tramps appeal to IMO to consider crew safety in low sulphur fuel rule
  • Nations involved in fight against maritime piracy in Asia meet in Seoul
  • Police recover stolen loot from containers in Durban port
  • Rostec completes R&D for Russian-Chinese CR929 aircraft's landing gear
  • easyJet chooses Kuehne + Nagel to upgrade 39 aircraft
  • Turkish Airlines' cargo/mail volumes surge 24pc YoY in October
  • Cargolux flies invaluable historical artifacts from China to Luxembourg

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Exim Indiaweb site
NOVEMBER 14, 2018
  • A.P. Moller-Maersk registers impressive performance in Q3
  • Ground-breaking MoU inked on researching new-generation, low-carbon ships for the Pacific region
  • NYK, YLK training programme focuses on digitalisation & green
  • Record-low hijackings yet danger persists in Gulf of Guinea, shows latest global piracy report
  • Summit deliberates on key aspects of ocean freight industry's digital transformation
  • ZIM & MSC joint Black Sea service will continue during 2018-19
  • India's thermal coal imports up at a fast pace
  • Kenya notification regarding new documentation regulation for import shipments
  • New terminal coming up at Port of Gothenburg
  • Global cargo theft intelligence report released
  • Nitin Gadkari to attend roadshow on TOT in Mumbai today
  • Consensus between govt & RBI to revive MSMEs lauded
  • New export incentive scheme in the works

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International Transport Journalweb site
NOVEMBER 15, 2018
  • 20 new LNG HGVs at one fell swoop
  • Panattoni building logistics centre for backpack maker
  • Railcar lessor expands freight fleet
  • Award for Aspion
  • Another golden October for port of Long Beach
  • Amazon builds on Woolpert and Atlas Air
  • Harnessing up for Silk Road services
  • Strengthening Kerry and illycaffè partnership
  • Geis Group acquires more air & sea experience
  • ICS chairman calls for trade dispute settlement
  • JV supplies new booze to Japanese wine lovers
  • "Curiosity of the Day"
  • ECS Group targets Asia
  • Upply release new features
  • Wan Hai: 28 more vessels in the long run
  • Emirates Skycargo sets quality milestones
  • India introduces freight train convoys

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IHS Maritimeweb site
NOVEMBER 14, 2018
  • Epic Gas boss puts faith in LSFO, eschews scrubbers
  • HMM's loss worsens as bunker prices rise
  • Maersk sees improved profits, but faces headwinds from higher bunkers
  • DSME reports losses after Romanian yard disposal
  • Japan complains to WTO over South Korean shipbuilding aid
  • UK seeks to steer autonomous vessel evolution
  • Changing roles at CEDA's Marine Strategy Navigation Group
  • Petrolimex applies to wind up Brightoil's Singapore unit

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The Loadstarweb site
NOVEMBER 14, 2018
  • 'A quarter of solid growth on the top line' for APMM
  • 'Air freight always benefits from chaos', but Cargologicair must wait and see
  • Ambitions for more rail freight between China and Russia are on track
  • Container shipping and charity set their combined sights on 'greener' seas
  • Revitalised Panama Canal now eyes expansion of port and logistics capacity
  • XPO Logistics appoints Patrick Oestreich as SVP for strategic sales
  • WFS opts for ex-Emirates veteran Duncan Watson as new commercial VP
  • 40 delivered, but Amazon seeks more aircraft
  • Supply Chain Radar: AP Møller Mærsk Group Q3 out, all eyes on Twill
  • Supply Chain Radar: A Deutsche dilemma - how DB funding will impact Schenker
  • Supply Chain Radar: does CEVA's Q3 update make a counterbid by DSV less likely?

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Marine Logweb site
NOVEMBER 14, 2018
  • VIDEO: NYK unveils emissions-free concept ship
  • Vessel Incidental Discharge Act passes Senate by 94-6 vote
  • Japan files WTO complaint on Korean shipbuilding subsidies
  • Greek shipowners opt for Lang Tech scrubbers
  • Detyens Shipyards awarded $10 million MSC contract
  • VIDEO: Damen Curaçao commissions new Panamax floating dock
  • Thrustmaster acquires controlling interest in Blue Thruster
  • Conversion to batteries creates world's largest emissions-free ferries

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Lloyd's Listweb site
NOVEMBER 14, 2018
  • Shipping offers cautious welcome to outline Brexit plan
    UK Chamber of Shipping urges politicians not to obstruct progress, while Nautilus union highlights risks to future employability of British...
  • Seanergy clinches leaseback refinancing with Cargill
    Greece-based capesize owner Seanergy has unveiled a landmark transaction to refinance one of its vessels with Cargill, which has acquired...
  • Epic Gas expects 6% growth in LPG volumes
    Epic Gas chief executive says he will not be investing in scrubbers since his fleet's fuel consumption is low
  • Maersk turns focus to capacity management
    Slower steaming as fuel costs rise will help Maersk improve schedule reliability and vessel utilisation
  • MPCC orders five scrubbers with option for 50 more
    Oslo-listed feeder specialist says it sees 'significant interest' from charterers for scrubber-fitted vessels and is in well-advanced negotiations for mid-...
  • Hong Kong policy address rekindles hope for maritime growth
    Hong Kong chief executive Carrie Lam's second policy address, delivered last month, is unprecedented for its focus on maritime measures...
  • Naval vessel sinks following collision with tanker
    Several wires had been attached to the frigate to prevent it from drifting
  • Hyundai Merchant Marine's losses widen on high fuel costs
    South Korea-based carrier says it will speed up moves to acquire megaships and terminals backed by recently secured funding
  • Daily Briefing
    Standard Asia sets out tie-up benefits for Ping An clients | IEA sees Asia dominating energy demand by 2040 |...
  • INTTRA survey calls for liner shipping standardisation
    The inability to share data and interoperate across the supply chain is the root cause of many issues for the...
  • Maersk earnings rise in third quarter of the year
    Integration of transport and logistics businesses begins to pay off as revenues rise
  • Nam Cheong exits restructuring with return to profit
    Stable outlook seen from Petronas jobs and brownfield projects
  • Global Ship Lease fixes feeder ship with CMA CGM
    Global Ship Lease, created by a $1bn spin-off from CMA CGM, is in the process of merging with Poseidon Containers
  • ICS's Poulsson sees challenges to global trading order
    More than half of global shipping demand now comes from China and the emerging markets

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The Journal of Commerceweb site
NOVEMBER 14, 2018
  • APM Terminals responds to NY-NJ port congestion
  • Low-sulfur bunker clauses bring clarity to project shippers
  • Public grant to speed Krishnapatnam rail project
  • Container lines signal more capacity restraint in 2019
  • Houston ending extended port gates
  • Maersk reports profit despite fuel costs; HMM doesn't

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TradeWindsweb site
NOVEMBER 14, 2018
  • Morgan Stanley scraps Enderby Wharf plan
    New York-based investment bank shelves plan for cruise terminal on Thames River over voiced pollution concerns.
  • Cargill takes Seanergy Maritime stake as leaseback deal closes
    Trader takes stock in capesize specialist as part of leaseback transaction for a single vessel.
  • AP Moller-Maersk chief strikes takeovers and big boxship orders off the menu for 2019
    Clear statements on capital expenditure continue spending narrative from Soren Skou
  • Banks: Scrubber financing is 'very risky'
    Lenders say they need to be 'very careful' in providing money for exhaust gas scrubber installation projects.
  • Poten offers note of caution as LNG spot market runs hot
    High-riding spot rates for LNG carriers easily come back down to earth, Poten & Partners has warned. "Economics, as we know, is at the margin and small changes in the amount of exports that go to Asia will make large changes in the spot rates," Poten's Jefferson Clarke told Marine Money attendees on Wednesday. Sinokor cans demolition ship sale as LNG rates hold strong Spot rates for LNG carrier
  • Nova and Algoma form bulker joint venture
    Canadian and Swiss owners team up to operate four cargoships from Lugano.
  • Sovcomflot strikes $149m loan for LNG carrier
    Facility with three existing lenders is the latest in a line of new loans for the Russian company this year.
  • Sea Consortium orders boxship double
    Singapore owner inks deal for two vessels in China.
  • OSM Maritime Group secures deal to manage five Transpetro shuttle tankers
    OSM Maritime Group has secured a deal to manage five shuttle tankers for Transpetro in a move that will double its fleet in the sector, sources said. The Bjorn Tore Larsen-backed company, in which Oaktree Capital Management is now a major shareholder, has taken on full technical management of the quintet, which are trading in Brazil. Oaktree takes big stake in shipmanager OSM Geir Sekkesaeter s
  • Diamantidis companies order 10 scrubbers plus options
    Marmaras and Delta to fit exhaust cleaners on bulkers and an aframax.
  • Algoma to bank $85m for cancelled bulkers
    Owner tore up contracts for four ships at struggling Uljanik Group.
  • Capesizes' fourth-quarter outlook dims amid Chinese demand and BHP disruption
    BHP train derailment triggers doubts over capesize market strength as the supposed fourth-quarter rally is failing to materialise
  • Mystic adds two cruiseship newbuilds with seven more to come
    Portuguese owner returns to WestSea Viana yard for expedition vessels.
  • Novatek ships first Yamal LNG to CNOOC
    Russian producer sends Arc7 carrier through NSR to China in 20 days.
  • Hesnes lifts profits despite 'challenging' market
    Norwegian firm says it is satisfied with its financial performance.
  • Vrontados linked to purchase of Greek-owned kamsarmax bulker
    Likely buyer emerges after brokers had earlier reported ArcelorMittal as behind the purchase of Capital Management's Olga V
  • Gulf Navigation falls to a loss
    Middle East tanker owner Gulf Navigation has slipped to a loss in the third quarter. The company said the net deficit was AED 2.9m ($0.79m), against an AED 12.36m profit a year ago. Revenue was AED 39.31m from AED 39.09, but operating costs rose by AED 3m and adminstrative expenses were also up.
  • MPCC could fit scrubbers to 55 ships
    Oslo-listed owner buys five kits with 50 options attached.
  • Cargoship sinks with unauthorised passengers
    Russian prosecutor starts probe with three people missing off Russia.
  • Seafarer killed on cargoship in Norway
    Filipino man suffered accident involving wheel loader at Drammen.
  • Torm joins scrubber debate asking where superior options exist right now
    Jacob Meldgaard says scrubbers are no worse than other viable alternatives to meet IMO 2020.
  • HMM eyes IMO 2020 surcharge as loss grows
    Korean owner hit by higher fuel costs in third quarter.
  • Dof Subsea raises $106m in bond sale
    Norwegian OSV owner paying off earlier debt with new issue.
  • Share your thoughts on shipping's great scrubber debate
    Do you agree with Paddy Rodgers or are you team Hamish Norton?
  • Mangalia sale pushes DSME to a loss
    Korean yard turns red in third quarter due to one-off charges.
  • Looming cascade effect may cap peak season reefer rates
    Larger vessels that have been pushed out of the fruit segment are now entering the frozen sector, creating a glass ceiling for traditional trades
  • Moundreas VLCC sale shows upward shift in tanker values
    Greek shipowner has sold a veteran tanker in a transaction showing a firming asset price trend.
  • Daesun clinches Hanil ro-pax newbuild
    Korean yard announces second order this month.
  • AP Moller-Maersk bounces back into the black
    Slimmer operation benefits from higher freight rates and volumes in the third quarter.
  • Singapore panel backs owner in cargo delay row
    Arbitration tribunal rules in favour of shipping company in dispute with charterer over alleged losses.
  • Bertram Rickmers builds private feeder fleet with help of son Clasen
    New chartering company to be formed with commercial responsibility for China boxship newbuildings.
  • Improved LPG market helps push Epic Gas into the black
    Singapore-based LPG specialist says charter rates have improved by 27% year-on-year.
  • Avenir LNG completes $110m private placement
    Shares in Stolt, Golar and Hoegh-backed vehicle set to start trading from Wednesday.
  • Team Tankers suffers loss in third quarter
    Weaker rates take their toll as chemical tanker owner takes more technical management in house.

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American Shipperweb site
NOVEMBER 14, 2018
  • Report: U.S. should counteract China's trade practices
    The U.S.-China Economic and Security Review Commission recommends the U.S. government consider bringing a type of WTO case scarcely used against China.
  • Maersk earnings boosted by Hamburg-Süd acquisition
    Largest container carrier reports a 31 percent increase in revenue and a profit of $360 million in the third quarter.
  • EPA sets course for cleaner trucks
  • California couple fined and jailed for illegal exports
  • Airlines land fines for mishandling U.S. mail
  • FMC reviews 14 OTI license applications
  • Logistics organization ready to provide aid in California
  • Executive Moves: WFS and Port of Oakland

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The Bunker Bulletinweb site
NOVEMBER 14, 2018
  • Run rates at China independent refineries hit 8-month highs
  • Abu Dhabi's Bu Hasa oil expansion moves ahead
    Abu Dhabi's expansion of the Bu Hasa oil field moved forward Wednesday with the award of a major contract for the $1.4 billion upgrade to add 100,000 b/d to capacity by the end of the decade.
  • IEA flags return to oil stocks overhang
    Oil stocks in OECD countries likely moved above the five-year average in October and could rise by 700,000 b/d in the fourth quarter as surging US output reduces the need for OPEC crude, the International Energy Agency said Wednesday.
  • Crude settles higher, snapping longest-ever WTI downturn
    Crude futures settled higher Wednesday, ending 12 consecutive days of declines.
  • European FO market supported by loss of Iranian barrels, tight supply
    The loss of Iranian fuel oil exports is supporting the high sulfur fuel market as Saudi Arabia compensates for the disappearance of Iran in the oil market by exporting its crude and instead running fuel oil in its power generation plants, boosting demand for imports from Europe.
  • BIMCO adopts two bunker clauses to aid compliance with IMO 2020 rule
    It is very important that the new sulfur clauses are ready to allow to prepare ahead of January 1, 2020, Eckhardt said.
  • FUTURES: Crude down as OPEC revised demand growth lower in 2019
    The demand growth forecast was revised down for the fourth straight month amid global economic development uncertainties.
  • IMO 2020 expected to tighten jet fuel market in medium term
    The futures market has already begun to reflect a consensus of a tighter aviation fuel market in 2020, a strategist said.
  • TANKERS: Tight tonnage pushes Black Sea Suezmaxes to highest since mid-2015
    Many charterers are looking at Mediterranean grades as a replacement for Iranian crude volumes.

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