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12 December 2018 The on-line newspaper devoted to the world of transports 20:47 GMT+1




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Sched Netweb site
NOVEMBER 16, 2018
  • Major liners to form new body for digitalisation and standardisation
  • Maersk back into profit thanks to Hamburg-Sud and higher freight rates
  • PISR joins BIMCO to boost credentials
  • Record box throughput in Oct puts strain on gates at Virginia port
  • UK-US talks to pave way for free trade agreement post-Brexit continue
  • CEVA earnings dragged down by Italian contract logistics problems
  • ICTSI seeks permission to develop Iloilo ports
  • 2 Lebanese men held in US on charges of weapons smuggling
  • Amazon takes delivery of final freighter from Atlas Air, in time for Xmas
  • Dachser runs central Europe-China freighter charters over the peak season
  • Ethiopian receives 8th B777 freighter

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Exim Indiaweb site
NOVEMBER 15, 2018
  • Capt. Vivek Anand elected FONASBA's Regional Vice-President for Middle East & Indian Subcontinent region
  • Five container shipping companies coming together for digitalisation, standardisation & interoperability
  • Japan initiates WTO dispute complaint against Korean support for shipbuilders
  • Kierstin Lachtman to succeed Joe Ludwiczak as head of Liberian Shipowners' Council
  • NYK promotes decarbonisation through exploratory design of super eco ship
  • OOCL introduces new Asia-South Africa direct services
  • WCO releases report on illicit financial flows via trade mis-invoicing
  • India plans to boost shipments of around 200 products to China & narrow deficit
  • MbPT observes Vigilance Awareness Week
  • Reefer container transporters & grape exporters discuss key issues
  • Supply chain function in India in a good position to create value & drive transformation, says report
  • FIEO seminar on business opportunities/business immigration in US today in Mumbai

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International Transport Journalweb site
NOVEMBER 16, 2018
  • Set to grow through takeovers
  • Freight railways impacted by road haulage industry offences
  • Switzerland: cheaper electricity for railway
  • Goodman building for K+N
  • DB Schenker goes for Winter in Austria
  • IMRF and Nautical Institute form alliance
  • Air Baltic celebrates centenary of Latvia's independence
  • Panalpina issues CHF 150 million bond
  • Splendid month for Georgia Ports
  • XPO Europe appoints senior VP strategic sales
  • Volga-Dnepr supports spacecraft and planes
  • Greencarrier and Terminus form JV
  • "Curiosity of the Day"
  • Stepping up Albatros Express frequencies
  • ICTSI names new APAC head
  • Maersk on rising tide in Q3
  • Another large freighter for Ethiopian Cargo

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IHS Maritimeweb site
NOVEMBER 15, 2018
  • MPP/heavy-lifter market levelling off
  • Product tanker rates have hit bottom and recovery lies ahead, says Torm
  • Pan Ocean optimistic despite US-China trade war
  • MPC Container Ships puts scrubbers on feeder vessels
  • Top five liner operators form association for IT collaboration
  • How remote can remote control become in the world of automated terminals?
  • CDB FL buys Zhejiang Materials Industry's entire fleet
  • Artist's impression of an eco-ship. Credit NYK Line

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The Loadstarweb site
NOVEMBER 15, 2018
  • Major box carriers to launch association to harmonise digitalisation in shipping
  • Supply Chain Radar Exclusive: AP Møller-Maersk ready to deploy its firepower in the US
  • HMM's losses mount as rising costs wipe out profit from increased business in Q3
  • Tomorrow's world looms as supply chains plug in to the Internet of Things
  • Sewerage project shows how the Thames could again be a major cargo route
  • Market Insight: as hungry XPO eyes takeover targets, Ryder comes into view
  • Container shipping alliances now planning to set course for Latin America trades
  • IAG pays out $5.8m in USPS fraud case
  • UK updates code of practice for autonomous ships
  • Chris Lewis set to retire as chief executive of DP World UK
  • Flexport broadens top management team as its services expand
  • Supply Chain Radar: Panalpina takes a small, brave step - bold changes ahead?
  • Under The Radar: As Waberer's plunges, is anybody ready to bite?

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Marine Logweb site
NOVEMBER 15, 2018
  • Tidewater merger with GulfMark completed
  • Paris MOU names Luc Smulders as its new Secretary General
  • McDermott celebrates sail away of giant production platform
  • Meyer Turku starts production of first Carnival XL class ship
  • Corvus battery solution picked for advanced hybrid fishing vessel
  • Inmarsat adds new components to its cyber security service

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Lloyd's Listweb site
NOVEMBER 15, 2018
  • Shipping's lack of capital could flatten the boom-bust cycle
    Shipping has had debt too cheap for a very long period of time, said Breakwater Capital chief executive Andreas Povlsen.
  • IMO secretary general set for second four-year term
    The IMO Council will discuss next week granting Kitack Lim a second term as secretary general beginning in 2020
  • Fuel rules to raise ocean freight by $7 per tonne, according to grain trade experts
    Engelhart Commodities Trading Partners' head of freight Fergus Garvin labels the 2020 sulphur cap 'the biggest disruption to ocean freight...
  • Lloyd's List forum to focus on the way ahead for shipping
    Our December 11 forum in London has assembled industry strategists to workshop and debate alongside our own editorial and data...
  • Danaos eyes scrubbers for first 11 vessels after profitable third quarter
    Charter rates provide full payback for scrubbers over three years, says chief executive John Coustas
  • Rogue shippers in the firing line as cargo safety plans gather support
    Misdeclared dangerous cargo is a serious issue for the industry and one with severe implications, both in terms of safety...
  • Teekay sees significant cash flows from new LNG carriers
    Teekay's LNG unit is increasing its distribution to $0.76 per common unit and is planning a tax change in the...
  • ICTSI appoints former APMT director as Asia Pacific head
    Mr Dawes' predecessor Christian Gonzalez has been appointed ICTSI's new global corporate head
  • Ichthys Field operator Inpex signs benefits deal with native peoples
    The group already provides various other assistance programmes that include helping students, the elderly and the disabled
  • Bolloré, PowerChina group wins bid to build Nigeria port
    Transshipment volumes are expected to hit 4m teu by 2040
  • Marsoft issues charter rate warning over trade war threat
    Marsoft argues that a fully fledged trade war would cut US-China traffic by 20% and trigger a global recession
  • Trump eyes 'make American shipping and energy great again' plan
    The White House wants to leverage $200bn in federal funding to stimulate more than $1.5trn in improvements over 10 years...
  • Viewpoint: Keeping abreast of maritime training standards
    This would be a very good time to look again at STCW to examine its structural validity
  • Daily Briefing
    Major box carriers unite to drive digital harmonisation | Maersk turns focus to capacity management | Shipping offers cautious welcome...
  • Middle East market helps boost results of Singapore OSV suppliers
    There will continue to be tough competition for rates, players warn
  • IMO urged to consider public access reform
    Corruption watchdog that had criticised the IMO for weak governance warns reforms are necessary to put the GHG emissions strategy...
  • Major box carriers unite to drive digital harmonisation
    The carrier association is inviting other lines to join the initiative, which will be openly available and free of charge...

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The Journal of Commerceweb site
NOVEMBER 15, 2018
  • FMC allows PierPass 2.0 but pledges close watch
  • Shippers urged to collaborate up and down the 'demand chain'
  • Activists' Friday protest threatens JNPT operations
  • Container line group aims to jolt slow-going IT standardization
  • US peak-season shippers face bumpy final mile
  • Asian import surge positions US Gulf for more services
  • Rising global cargo threat requires new approach

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TradeWindsweb site
NOVEMBER 15, 2018
  • American Shipping posts dip in third-quarter profits
  • Tidewater and Gulfmark seal merger with near unanimous shareholder vote
  • Denholm set to spend Dell cash at helm of Caledonia Maritime
    Shipping heir and well-travelled executive Keith Denholm has left his post at Lorentzen & Stemoco after one year to chase unicorns for US computer billionaire Michael Dell
  • Bondholders challenge GSL and Poseidon merger
    Fund managers argue deal hands reins to George Youroukos and his private equity partner, Kelso
  • Number of scrubber-fitted containerships nears 300
    Yang Ming and MPCC add another 13 units to the total tally as interest grows from charterers for such vessels
  • Feedership values hit new low on market's uncertain outlook
    Secondhand boxship prices drop across the board as buyers wait on the sidelines
  • Jebsen Shipping secures third-party management contract
  • Can Japan's maritime cluster deliver on innovation?
    Shipping and shipbuilding heavyweight is struggling to profit from technological and management prowess as competition intensifies
  • Sinokor cans demolition ship sale as LNG rates hold strong
    Company believed to be looking at other laid-up vessels for potential reactivation
  • LNG newbuildings set to hit 50 with TMS Cardiff Gas in top slot
    Hyundai Heavy Industries bags 18 of the 44 vessels ordered so far in the year
  • Yamal LNG to boost working fleet by two Arc7s before end of this year
  • Shell sweeps into market for 30-strong tanker newbuild haul
    'Project Solar' is setting tongues wagging on specifications, price and who might sign up with the energy major for product and chemical carriers
  • Waivers offer little respite to tanker owners in Iranian trades
    Even though their vessels are not subject to Washington's secondary sanctions, non-Iranian owners are now unlikely to return to the Islamic republic
  • Yasa bags solid price on sale of LR2 as rate rises strengthen tanker values
  • BW Dry Cargo quietly picks up kamsarmax bulker resale
    Latest transaction means the company will now welcome five bulkers from Tsuneishi in 2019
  • Hagland back to Falkeid for self-unloading bulker hire
  • CNOOC gets cold shoulder from Hoegh over second FSRU
    Chinese gas importers are seeking extra capacity for winter but Norwegian firm is giving a frosty reception to enquiries for seasonal contracts
  • Zim turns red despite best revenue since 2014
    Israeli line says market started to recover in third quarter.
  • GNMTC fixes two suezmaxes on short charters at strong rates
    Libyan owner continues to extend front cover for its fleet as market sentiment firms up.
  • Seven Islands continues renewal with Sovcomflot tanker deal
  • Luc Smulders takes over at Paris MOU
    Former naval officer replaces retired Richard Schiferli.
  • Work on Bosporus canal will start next year
    Turkey says new waterway to cut traffic will be ready in 2024.
  • PGS signs $75m seismic survey charter
  • Greece fined $11m over Hellenic Shipyards subsidy
  • Synergy Marine orders $45m dual-fuel PSV
    Malaysian owner takes eco-newbuilding plunge in tough OSV markets.
  • Scrubbers: the best solution or a cynical workaround?
    Majority of respondents believe exhaust cleaners are bad for the environment, but technology has its defenders in heated debate among TradeWinds readers.
  • Awilco cuts LNGC yard stay in booming market
    Norwegian owner wants gas carrier available to take advantage of record rates.
  • Danske Bank boosts Frontline with 2020 upswing in sight
  • Teekay LNG changing structure to lure investors
    End of partnership status aimed at encouraging big institutions to come on board.
  • Torm sells trio of tankers in latest renewal move
    Sales disclosed as Danish shipowner books a loss for the third quarter, which it sees as the market bottom.
  • Teekay Tankers keeps an eye on Opec as recovery shapes up
    Falling oil price could impact rates early next year, shipowner says.
  • Epic Gas confident fleet renewal efforts will fuel profit
  • Maran Gas Maritime looks to nudge up LNG fleet total
  • MTT Shipping inks its biggest feeders in China
    Malaysian owner renewing fleet with deal at Zhoushan Changhong.
  • PGS teams with NYK to sell seismic ship to Japan
    Norwegian owner wins JOGMEC tender with Ramform Sterling.
  • Wilhelmsen: 2020 fuel rules demand smart cost hedging
    Thomas Wilhelmsen says his group will use scrubbers, freight surcharges, speed reductions and derivatives to manage the higher price of low sulphur fuel.
  • HFW backs calls for action on misdeclared cargo incidents
    Law firm says owners, shippers, ports, IMO and regulators need to come together to tackle growing boxship fire problem.
  • ASL Marine posts larger loss in third quarter
    Singapore offshore group continues to suffer, but OSV segment starts to see improved utilsation.
  • Pyxis Tankers sees losses triple on weak MR market
    Product tanker specialist said anticipated improvement in chartering activity failed to materialise.
  • Liner giants plan trade association in digital drive
    Maersk, ONE, CMA CGM, MSC and Hapag say group will strive for "less red tape and better transparency".
  • Lichtblau bullish on tankers at Marine Money

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American Shipperweb site
NOVEMBER 15, 2018
  • FMC won't block PierPass changes
    The commission remains concerned about how terminal operators of the West Coast MTO Agreement will apply the joint fee pricing process.
  • Hyundai posts Q3 loss despite increased volumes
    Korean carrier will "put its utmost efforts to stably secure additional cargoes" to fill the 20 ships on order.
  • Ocean carriers 'paving the way' for digital standards
    IT executives from Maersk, MSC, CMA CGM, Hapag-Lloyd and ONE aim to create open standards that other stakeholders in the industry can freely use.
  • Trump nominates two for FMC commissioner vacancies
  • U.S. sanctions 16 Saudi nationals in murder plot
  • Executive Moves: KVH, CHEP and Paris MoU
  • Inmarsat enhances cybersecurity offering

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The Bunker Bulletinweb site
NOVEMBER 15, 2018
  • US inventory spike fails to blunt crude-price rebound
    Crude futures shrugged off reports of a sharp inventory build to settle higher as the market eyed larger-than-expected drops in refined-product stocks.
  • External: Praxis Energy Agents DMCC
  • Total-chartered VLGC in process of loading cargo at Ichthys terminal: sources
    The project is scheduled to proceed with the shipment of LPG and onshore condensate as appropriate, an Inpex spokesman said.
  • External: Global Risk Management
  • Supply glut pushes CFR Japan naphtha front-month timespread to 26-month low
    On outright prices, December CFR Japan naphtha swaps plunged $29/mt day on day Wednesday to be assessed at $519.25/mt.
  • Med refiners face logistics, banking issues with Iran crude despite waivers
    "There is lots of uncertainty on how to pay," a crude trader said.
  • South Korea's STX gets Lloyd's Register approval for LNG-fueled MR tanker
    The MR tanker design enables low bunker fuel consumption and helps curb SOx and NOx emissions, STX said.
  • Russian Novorossiisk bunkering operations show signs of recovery: sources
    Currently one tanker is delayed, Russian pipeline operator Transneft said.




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