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22 February 2019 The on-line newspaper devoted to the world of transports 22:06 GMT+1

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Sched Netweb site
JANUARY 22, 2018
  • Asia-Europe rate falls 0.7pc to US$891/TEU, off 5.2pc to USWC
  • ONE ready to sail after getting all required regulatory approvals
  • OOCL cancels Asia-Europe sailings over the Chinese New Year holiday period
  • Blanked Chinese New Year sailings are far lower than 2015-2017
  • Newcomer SM Line to launch new China-USWC service in May
  • Top 7 container lines operate 90pc of active box ship fleet: Drewry
  • Labour issues deal a heavy blow to Gothenburg port's 2017 box volume
  • Dachser's Thomas Reuter resigns to make way for Jochen Mueller as new COO
  • SF Airlines starts thrice weekly Nanning-Dhaka freighter service
  • Air India's proposed sale may hit ground-handler Sats
  • Lufthansa's revenue cargo tonne kilometres rise 7.4pc in 2017

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Exim Indiaweb site
JANUARY 21, 2018
  • Bhavani Foundation, Bhavani Group's CSR wing, holds 2nd AGM
  • Chinese New Year blank sailings in 2018: Still a long way to go!
  • Coastal coal transportation seen increasing
  • Drewry makes available automated online analytics & benchmarking
  • Ocean Carrier ISPS surcharge up
  • OOCL christens another 21,413-TEU mega vessel
  • Tanzania reportedly halts registration of foreign ships
  • Adani Ports registers increased volume & profit in Q3
  • Non-standard steel products can now be imported through Nhava Sheva
  • PSA partnering in developing engineering talent for maritime industry
  • Railway conclave discusses expeditious implementation of infrastructure development plans
  • Policy changes recommended at the 25th GST Council meeting
  • Leading shippers, trade facilitators to be part of CTL & BHP 2018

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International Transport Journalweb site
JANUARY 22, 2018
  • Working cheek by jowl for a digitalised supply chain
  • China - Poland in just 18 days
  • New vessel for K Line
  • Fedex Trade Network uniting several elements
  • Cincinnati airport on upward trajectory
  • BDP opens more offices in Africa
  • Transport services - tax free - or not?
  • Dawn breaks for Kapalama container terminal
  • DHL launches global trade barometer
  • Hapag-Lloyd represented on COA board
  • Iberia terminates Madrid - Malabo service
  • Airfreight - most important driver of fuel efficiency
  • 109,000 HGVs off the road and onto trains
  • Vopak nominates Foufopolous as board member
  • Kribi added to Europe-West Africa loop
  • Colgate-Palmolive renews contract with Ceva

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IHS Maritimeweb site
JANUARY 19, 2018
  • US Coast Guard seeks tighter grip over third parties
  • Italian shipowners' bodies AssArmatori and Confitarma to cooperate
  • Nusrat Ghani gets UK shipping brief
  • Dutch industry lobbyist is new KVNR director
  • Baleària signs Spain's first permanent LNG bunkering contract
  • Marine insurer announces second acquisition in a week
  • Evergreen responds to Norwegian fund ban
  • EMAS Offshore vessel Lewek Constellation
  • Ardmore Shipping sees room for optimism in 2018
  • Maritime UK taskforce to increase number of women in senior shipping roles
  • Sanchi setback follows decades of safety improvements
  • Sovcomflot sees future in energy services
  • India expands Sri Lanka port investment
  • FSL Trust's survival hangs in the balance as third vessel is sold
  • BIMCO launches Microsoft-based contract editor
  • Sanchi collision could spark IMO review
  • 'Problematic' contracts triggered complaint against Hyundai Group chief, says HMM

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The Loadstarweb site
JANUARY 19, 2018
  • Port of Southampton to lose call by Maersk/MSC Asia-Europe service
  • 'Big three' express firms may get a run for their money from more savvy rivals
  • Asia-Europe box carriers pessimistic over post-Chinese New Year demand
  • Q4 one to forget for US rail operator CSX, but Canada's CPR breaks records
  • Global Ship Lease eyes new ships and acquisitions after round of debt financing
  • Nusrat Ghani appointed new UK minister for ports

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Marine Logweb site
JANUARY 19, 2018
  • USS Fitzgerald arrives in Pascagoula to start repairs
  • NTSB reports on 2016 bulk carrier grounding
  • Washburn & Doughty to build two Z drive tugs with Cat hybrid solution
  • Congressional leaders underscore importance of Jones Act
  • SEACOR in "stalking horse" bid to form liftboat JV

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Lloyd's Listweb site
JANUARY 19, 2018
  • Let the time-wasting stop on tackling gender inequality
    New taskforce has a huge challenge ahead of it to overturn ingrained gender bias in the maritime industries
  • J. Lauritzen greets rising dry bulk newbuilding orders with caution
    Although Danish owner and operator sees higher rates in 2018, it is still "cautiously optimistic" as year could prove to...
  • The reality behind SIPG's shining profit figures in 2017
    Trade has improved but the 66% surge in net profit was mainly due to one-off gains
  • The US is back in the LNG import business
    A rare spot market cargo underlines how global trading in liquefied natural gas is changing rapidly
  • Who might buy Rolls-Royce Marine?
    The offshore sector has changed over the past five years and is better placed to embrace new technology; commercial shipping...
  • Golar Partners wins 15-year FSRU contract
    Master limited partnership can nominate either Golar Spirit or Golar Freeze to the Atlantic basin project
  • Heavy fuel oil confirmed to be leaking from Sanchi
    ITOPF says dark patches seen on the water earlier are from sunken tanker's bunkers
  • Concordia Maritime boss bets on Opec reversing production cut
    Gradual return of oil production should lead to increased arbitrage and trading activity, says chief executive Kim Ullman
  • Japan's December vessel export orders up 75% over the year ago
    Rise led by dry bulk vessel orders
  • Box spot rates maintain new year stability
    SCFI shows growing market solidity in 2018, but concerns linger about post-Chinese New Year overcapacity
  • Daily Briefing
    Container shipping is facing further upheaval as three long-established carriers cleared the final hurdle to start their new joint venture...
  • More transparency needed on sanctioned vessels
    Banks and regulators face challenges in tracking activities of such ships for compliance purposes, says Accuity's Tom Golding
  • Thomas Miller acquires Brookes Bell Group
    Brookes Bell will maintain its brand and operational structure
  • Baltic Dry Index tumbles on easing capesize market
    Period rates for capes appear strong
  • Global Ship Lease hires Evercore to advise on strategic initiatives
    Move comes after company refinanced all its debt

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The Journal of Commerceweb site
JANUARY 19, 2018
  • East-Pac nearing service contract rate restoration
  • Trans-Pac spot rates split - East Coast up, West Coast down
  • Capacity overhang to ease in mid-2018 as market improves
  • China's largest retailer extends global cold chain reach
  • Asia-Europe spot rates awaiting Lunar New Year demand

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TradeWindsweb site
JANUARY 19, 2018
  • JP Morgan slashes tanker rate outlooks
    As crude tankers ready for another tough year, shipping equities analyst takes knife to rate and EPS outlooks.
  • Ridgebury Tankers aframaxes set for sale
    Bob Burke-led company believed to be offloading two tankers as prices pick up.
  • Sale rumour swirls around Marinakis tanker
    Capital Product Partners rumoured to be selling a modern vessel.
  • Sea Globe snaps up Wisdom Marine supramax
    Greek owner understood to have added to its fleet with the addition of bulker.
  • Seacor wins court okay for Montco deal
    Offshore vessel owner will establish a new liftboat joint venture with bankrupt firm as part of reorganisation.
  • Japanese orders jumped 150% in 2017
    Yards boosted by better bulker numbers last year.
  • GMS hits out at Norwegian Bank ban
    Cash buyer says move does not recognise scrapping improvements in Bangladesh.
  • Chembulk collects $200m from bond issue
    DNB Markets leads fundraiser that will refinance debt and set private equity backed company up for growth.
  • Golar Partners inks 15-year charter
    Company can nominate Golar Spirit or Golar Freeze for Atlantic Basin work.
  • Cocaine hidden in CP Offen hull 'parasite'
    Costa Rican authorities find 47 kilos of drug concealed on boxship.
  • Western Marine boosts earnings
    Bangladesh shipyard pushes up profit in final three months of 2017.
  • JP Morgan set for profit after flipping supramax bulker
    Transaction would mark second profit taking move after active buying spree in 2017.
  • Thomas Miller snaps up Brookes Bell
    P&I Club manager makes move into new sector with deal to acquire surveying consultancy.
  • Vessel sinks after Chinese tanker collision
    Cargoship goes down at Baoshan anchorage after tanker clash.
  • DBS, UOB reject EMAS refinancing plan
    But talks continue with lenders over restructuring.
  • Bunker fuel could be leaking from Sanchi
    China says previously unreported slicks spotted by planes.
  • Buyers vie for 'Stalin's yacht'
    Moscow River Shipping looking to sell historic Soviet-era vessel.
  • JP Morgan cuts Navios Acquisition amid dividend concern
    Weaker market could dent cash flow with MLP dropdown options limited, JP Morgan says.
  • Transocean's $1.2bn Songa Offshore takeover approved
    Frederik Mohn will be biggest shareholder in new combined drillship group.
  • Chandris chief cools chatter around tanker sale
    Greek owner adamant it will not be parting with one of its vessels right now.
  • Essar expecting new supramaxes in 2020
    Indian owner appears to be confident of getting ABG vessels 13 years after ordering them.
  • Hapag's Jansen tips more mergers
    CEO says further consolidation is on the cards as demand grows.
  • EMAS Offshore in hunt for new CEO
    Problems continue to mount for company as head honcho leaves amid restructuring efforts.
  • Borr Drilling linked to more Keppel jack-ups
    Tor Olaf Troim-backed drilling vehicle said to be in discussions with Singapore rig builder.
  • ITF backs UAE's new protection for seafarers
    Union claims basic rights are being violated daily by companies operating in the Middle East.
  • FPSO in iceberg near miss off Canada
    Husky Energy forced to suspend operations by regulator over March 2017 incident.

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American Shipperweb site
JANUARY 19, 2018
  • Sen. Menendez introduces labor rights, anti-trafficking legislation
    Sen. Bob Menendez, D-N.J., introduced two pieces of legislation Tuesday to terminate Generalized System of Preferences (GSP) benefits for c...
  • DHL forwarding unit unveils trade barometer index
    DHL Global Forwarding on Thursday unveiled a new predictive trade index built around the collection of data from the movement of intermedia...
  • Port of New Orleans to consider second container terminal
    The Port of New Orleans board of commissioners agreed to award up to $300,000 to Los Angeles-based AECOM Technical Services LLC to evaluate...
  • Port of Gothenburg's container volumes sink 19% in 2017
    Container volumes at Scandinavia's Port of Gothenburg fell just under 20 percent in 2017, making last year Gothenburg's worst year ever for...
  • Kansas City Southern's net earnings jump in Q4 2017
    Kansas City Southern (KCS) saw net earnings jump to $552 million on revenues of $660.4 million, according to the rail line's financial stat...
  • PANYNJ takes steps to improve operational issues at JFK Airport
    The Port Authority of New York & New Jersey (PANYNJ) is enacting a series of interim measures at John F. Kennedy International Airport ...
  • Drewry: World Container Index inches up 2.4% this week
    The World Container Index (WCI) - a composite of container freight rates on eight major routes to and from the United States, Europe and As...
  • Report: Norfolk Southern working toward a 'more stable, resilient network'
    Class I railroad Norfolk Southern is working toward a "more stable, resilient network" for 2018 after experiencing recent service issues in...
  • Bourque Logistics to trial rail blockchain platform
    Texas-based rail logistics provider Bourque Logistics has announced its first blockchain project utilizing digitized shipping file formats ...

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The Bunker Bulletinweb site
JANUARY 19, 2018
  • Tight Europe-Asia arbitrage margins prompt fuel oil traders to look to Iranian vessels
    Fuel oil traders looking to work arbitrage shipments between Europe and Asia have this month been fixing Iranian VLCCs.
  • TANKERS: Indian-flagged oil tanker goes ablaze off Kandla
    India-flagged medium range oil tanker MT Genessa, anchored around 14 nautical miles off the port of Kandla, Gujarat, caught fire Wednesday.
  • Oil weakens on IEA forecast, as US government shutdown looms
    ICE March Brent 70 cents lower to $68.61/b, NYMEX February crude declined 58 cents to $63.37/b.
  • North American, International oil markets poised for growth in 2018: Schlumberger CEO
    North America activity also seen strong in second year of recovery from downturn.
  • External: Wired Bunkering
  • ANALYSIS: Iraqi Basrah crude prices dip as fuel oil cracks fall to fresh lows
    "Although SOMO cut their OSPs, Basrah Light is still under pressure as there are too many cargoes in the market for January -- it won't go into premium yet," a trader said.
  • Rolls-Royce to conduct strategic review of commercial marine operations
    In 2016, the marine segment contributed GBP 1.11 billion in revenue, with a loss of GBP 27 million.
  • FUTURES: Crude wanes on higher non-OPEC output projection
    "The fear of US shale growth neutralising the OPEC/non-OPEC cuts has been on the back-burner for the past few months, but may come to the fore again," Vandana Hari, founder of Vanda Insights, said.

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