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26 March 2019 The on-line newspaper devoted to the world of transports 09:08 GMT+1

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Sched Netweb site
MARCH 21, 2018
  • CK Hutchison profits up 6pc to US$4.47 billion as revenues rise 9pc in 2017
  • PSA 2017 profits up 5pc to US$935 million as revenues rise 7.8pc
  • Two big box ships collide in Karachi, 10 containers lost, none hurt
  • Chinese exports soars 44.5pc in February, imports soften as expected
  • Dutch shipping company Seatrade fined for illegal ship scrapping
  • Yang Ming Marine Japan-Malaysia-Vietnam box service
  • MPC Container Ships still on buying spree, taking on 5 feeders
  • Amsterdam container terminal connects with New Silk Road trains
  • Geodis IRIS software to join Germany's WebQuote for online booking
  • CenterPoint's Joliet, Illinois, speculative warehouse 100pc leased
  • Pacific trade pact signed, but faces parliamentary ratification
  • Ex-Ghana leader Rawlings jumps to defence of accused air cargo CEO
  • Frankfurt retains top spot as Europe's busiest cargo airport
  • MASKargo joins IAG Cargo's Partner Plus programme for flight bookings
  • DHL's first Airbus A330-300 to serve Malaysia, Vietnam, Hong Kong

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Exim Indiaweb site
MARCH 20, 2018
  • Coastal shipping & inland waterways a key focus under Sagarmala
  • Container shipping volumes up in Jan.
  • Darshan Sheth to chair Port of Antwerp's new council for the PA3 initiative
  • Vessels collide at Karachi port
  • The Coop's 4th Annual Meeting sets new attendance record
  • Gujarat Junction 2018 - CEO Roundtable & Cargo & Logistics Awards brings together fraternity in large numbers to confer on key issues & acknowledge excellence

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International Transport Journalweb site
MARCH 21, 2018
  • Diversification paying off
  • 1,200 t excavator hauled over Colombian mountains
  • WSC and ECSA want to shape new RFD
  • Techstars finds an ally in Gefco
  • Step ahead for Australia's inland rail project
  • UPS Korea welcomes new managing director
  • Testing jet engine wider than a narrowbody aircraft
  • DHL extends partnership with Formula 1
  • India hands over last locomotive to Myanma Railways
  • Reliability - once again a topic at Maersk Line
  • At last - new head for Cologne/Bonn airport
  • Safe Air as Air Djibouti to span Middle East network
  • From Lufthansa to Brussels Airlines
  • International up, Swiss domestic business down
  • New warehouse in Liverpool
  • Box volumes move laterally at historically high level
  • Two AEI conversions for Everts Air Cargo

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IHS Maritimeweb site
MARCH 20, 2018
  • China Navigation provides free transport for Pacific recyclable waste
  • Capacity injections push box ship rates higher
  • CSC Phoenix orders two bulkers in bid to regain market share
  • Sir Michael Bibby elected president of the UK Chamber of Shipping
  • Ship engine market gets a tune-up
  • STX O&S urges older workers to retire early
  • HMM mega container ship order likely after July
  • Waterways key to Nadeau's US commercial transport strategy

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The Loadstarweb site
MARCH 20, 2018
  • Kramer and RWG launch service to ease barge congestion at Rotterdam
  • Strong year for cargo, but Virgin Atlantic still records first loss in four years
  • PSA grows its business 'despite industry chaos and economic disruption'
  • 'Don't grab at new tech in fear of digital forwarders, and make the wrong choice'
  • Dramatic boxship collision in Karachi caught on video
  • Amazon pushes merchants for more cross-border sales
  • Maersk CFO Jakob Stausholm in shock resignation over reorganisation

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Marine Logweb site
MARCH 20, 2018
  • LNG fueled shuttle tanker duo to feature wide range of ABB solutions
  • Shorn of digitalization duties, Maersk finance chief moves on
  • Ontario opts for all electric propulsion for two new ferries
  • Gulf Island books Navy T-ATS and U.S. Wind tower contracts
  • Danish Maritime Fair promises a packed program
  • VIDEO: Containerships collide in Karachi

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Lloyd's Listweb site
MARCH 20, 2018
  • War risk clauses should cover Venezuela cocaine bust ship, UK Supreme Court told
    B Atlantic owners take case against Navigators all the way to the top
  • Lloyds Register acquires cyber security specialist Nettitude
    Classification society has boosted its cyber security capability by bringing a specialist into the fold
  • Marshall Islands joins chorus calling for heavy fuel oil ban in 2020
    Proposed ban would prohibit the carriage of all bunker fuels with sulphur content above 0.5%, except by vessels that have...
  • Wall St Note | Should shipping companies be client or shareholder-driven?
    Shareholder-driven companies tend to be pure shipping plays regardless of their customers' needs
  • BPA proposes 'Brexit dividend' to boost UK's trading position
    Strategy paper from ports association highlights need for funding and sets out potential opportunities for ports in a post-Brexit world
  • Maersk shakes up boardroom roles
    Push for digital transformation sees chief executive Søren Skou take the lead on IT as finance, strategy and transformation officer...
  • SM Line and Cosco agree to expand partnership
    Both shipping lines plan to launch new services not only in Asia but also in North America
  • HHI likely to see operating loss in the first quarter, say analysts
    South Korean shipbuilder's situation is expected to improve as orders and newbuilding prices pick up
  • China Navigation agrees to ship recyclable waste from Pacific island ports
    Waste to be transported to other Asia Pacific ports to be treated and recycled on a pro bono basis
  • Hapag-Lloyd boxship rams vessel while berthing in Karachi
    No crew are hurt but a number of containers go overboard
  • DSME is refused appeal on Songa Offshore arbitration ruling
    South Korean yard's hopes of $373m claim on rig cost overruns now quashed with Songa possibly mounting a counterclaim

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The Journal of Commerceweb site
MARCH 20, 2018
  • Brexit transition deal eases supply chain concern, for now
  • Forecast for heavy snow shuts NY-NJ, Philadelphia ports
  • Chennai truckers withdraw 'indefinite' strike threat
  • Ocean carriers levy emergency surface fees, restrict door delivery
  • PSA: JNPT rail, barge transport systems working seamlessly
  • Slideshow: US trucking, pricing, and the new shipping reality
  • Europe to South America trade at a three-year high
  • Analysis: Port navigation factors challenge ships, call reliability

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TradeWindsweb site
MARCH 20, 2018
  • Glencore to sell $500m in convertible debt
    Major mining and trading firm issues new securities for general corporate purposes.
  • Oceanteam looks to debt-equity swap
    Norwegian offshore vessel firm wants banks to release additional cash as it readies a restructuring agreement.
  • RightShip touts carbon offsets for shipping
    Shipping risk management firm offers tool to charterers and operators to measure greenhouse gases.
  • Tsakos Energy Navigation scraps veteran VLCC
    New York-listed owner looks to have made good on pledge to dispose of older tanker.
  • Korean investor questions future of smaller shipyards
    Smaller South Korean shipbuilders still face a struggle despite an upturn in fortunes for the biggest players in the industry, a long-term investor in the sector says. Dynamic worldwide economy to assist shipyard recovery Soo Cheon Lee, co-founder of loan and bond trader SC Lowy, says the state will help provide work for the major yards, offering something of a lifeline in the coming years. How
  • Emanuele Lauro: Dry bulk onto the straightaway
    Monaco-based Scorpio Bulkers chief sees positives in the industry and macro outlook.
  • Klaveness wins 20 cargoes from Arcelor Mittal
    Bulker group signs supramax, panamax contracts with Indian steel group.
  • Greek bulker refloated off Brazil
    Kona Trader grounded with fertiliser cargo off Paranagua.
  • Hapag-Lloyd probing videoed boxship clash
    German container line will take 'close look' at collision in Port of Karachi, which was caught live on video.
  • Russia's Sovcomflot sees no short-term fix for tankers
    State-owned company remains cautious on any recovery in both crude and product markets.
  • Finnlines to stretch another two ro-ros
    Baltic operator extends $86m vessel lengthening programme.
  • Meyer Werft raises recycling standards
    New agreement with GSR on inventory of hazardous materials.
  • MPC Container not the buyer of Ship Finance feeder vessel
    Brokers reports connecting fast growing company with one-off deal are inaccurate.
  • Geir Sjurseth joins Atlantic Offshore board
    Former DNB and Westfal-Larsen man becomes director of Norwegian OSV owner.
  • Master of grounded tanker not qualified
    Canadian probe finds chief engineer also not qualified for role on Arca 1.
  • NYK Line sells product tanker to mystery Greek
    A deal of $16m or more is said to have been completed in the past few days.
  • Zhejiang Xin Yi Hai buys six bulkers
    Chinese shipowner builds dry fleet with handysizes.
  • Jens Ismar doubles stake in Kjell Inge Rokke's Ocean Yield
    Western Bulk chief snaps up stock in Oslo-listed leasing specialist.
  • Court auctions seized Cherry Blossom cargo
    South Africa orders sale of Western Saharan phosphate from AM Nomikos bulker.
  • Stausholm quits AP Moller-Maersk as overhaul speeds up
    Chief financial, strategic and transformation officer exits Danish shipping group at key time.
  • Norden tipped to sell oldest handysize bulker
    Danish owner thought to be selling a ship from its non-core fleet.
  • Ardent tasked with raising sunken Seikongen
    Salvor keeps busy with contract for wellboat in Chile.
  • ABG's banks reject Liberty House offer
    Another round of bidding set to begin for bankrupt Indian shipyard.
  • Probe starts after death on CTM bulker
    Canadian investigators head to Sage Amazon in Quebec.
  • Royal Caribbean terminates China joint venture
    US cruise giant calls time on what was supposed to be China's "national cruise line".
  • Hyundai Samho top dog among sister shipyards
    South Korean shipbuilding group reports mixed results in first two months of 2018.
  • PSA posts growth in both profit and volumes
    Terminal operator says positive result came despite "malicious large-scale cyber-attacks".

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American Shipperweb site
MARCH 20, 2018
  • Load-matching startup gets $50m financing round
    Silicon Valley-based KeepTruckin, a startup electronic logging device (ELD) provider to the trucking industry, has landed a $50 million Ser...
  • Container business may be entering 'settling down' period
    As Ocean Network Express (ONE), the merged container business of NYK, MOL, and "K" Line prepares to launch next month, Jeremy Nixon, its ch...
  • Collision in Karachi sends containers overboard
    German ocean carrier Hapag-Lloyd said its ship Tolten rammed another ship while berthing in Karachi on Monday. In a video of the incident,...
  • Trump's steel, aluminum tariffs spark widespread opposition
    The chorus of voices warning the United States against the imposition of widespread tariffs on steel and aluminum imports is growing, and g...
  • Maersk CFO exits amid restructuring
    It's been a rough couple of weeks for the Danish shipping giantA.P. Moller - Maersk. After two separate fires onboard vessels belonging to...
  • Senators urge repeal of USDA catfish inspection
    Sens. John McCain, R-Ariz., and Jeanne Shaheen, D-N.H., sent a letter to U.S. Trade Representative Robert Lighthizer, asking him to support...
  • Schneider brings chassis fleet in-house
    National trucking company Schneider completed its conversion to a company-owned and managed chassis fleet by buying over 15,000 intermodal ...
  • McAleenan confirmed as CBP's permanent commissioner
    The Senate on Monday evening confirmed Kevin McAleenan to serve as commissioner of U.S. Customs and Border Protection (CBP) by a vote of 77...

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The Bunker Bulletinweb site
MARCH 20, 2018
  • Oman to award new oil exploration blocks in reserves push
    Oman plans to award four oil exploration blocks with international companies as part of an ongoing effort to replace its declining proven reserves of crude, the government has said.
  • US offshore industry downplays importance of Gulf sale
    The Trump administration has dubbed Gulf of Mexico oil and natural gas lease sale as the largest in US history
  • Trump, Putin discuss economic cooperation, energy: Kremlin
    US President Donald Trump and Russian President Vladimir Putin discussed strengthening economic cooperation and energy issues between the two nations, according to Kremlin readout of a phone call between the two leaders Tuesday.
  • Healthy block, bids offered in Gulf of Mexico Lease Sale 250
    The upcoming Gulf of Mexico Lease Sale 250, set for Wednesday, looks to have drummed up a healthy interest among oil companies even if the amount of bids and tracts receiving bids fell short of the year-ago sale, according to the US Bureau of Ocean Energy Management, the sale's sponsor.
  • Oil rises as Trump, Saudi crown prince meet at White House
    Crude futures rose Tuesday to their highest levels since late February, with Middle East tension in focus as Saudi Crown Prince Mohammed bin Salman met with US President Donald Trump at the White House.
  • Russia's Gazpromneft Marine Bunker expects to halt fuel oil use from 2025
    Gazpromneft Marine Bunker, the bunker fuel trading arm of Russia's Gazprom Neft, will no longer deal in fuel oil from 2025.
  • Piraeus bunkering operations back to full strength after adverse weather: port
    Bunkering operations at Piraeus in Greece are returning to normal after adverse weather conditions over the last couple of days, the port authority told S&P Global Platts Tuesday.
  • PSA's container throughput rises as shippers switch calls to Singapore
    Volumes grew on positive macroeconomics and consolidation among box shippers.
  • China's CNPC to ship back its first deepwater crude output from Brazil in March
    "We'll probably buy some of this crude when we need low sulfur crude," a source with CNPC's Guangxi Petrochemical said.
  • Alternative bunker fuels viable for IMO 2020 rule but hurdles still linger
    January 1, 2020 is a hard start and ship-operators need to start planning now.
  • LSFO set to be default bunker fuel choice as IMO 2020 rule nears: Bimco exec
    BIMCO also supports IMO's proposal for a carriage ban on non-compliant fuels.
  • FUTURES: Crude ticks higher as markets awaits fresh price cues
    "Some profit-taking on crude oil was seen given the lack of energy-related news," commodity economist, OCBC bank, Barnabas Gan said.

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