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12 December 2018 The on-line newspaper devoted to the world of transports 19:31 GMT+1




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Sched Netweb site
NOVEMBER 22, 2018
  • ONE expanding Asia-South America service with Hapag-Lloyd and MSC
  • OOCL offers new Asia-West Africa service, enhances services to Mid East
  • Evergreen reports US$25m profit in third quarter
  • Foreign delegates complain that trade barriers remain in China
  • Malaysia's PM calls Brexit, US-China trade row "rupture" of free trade
  • US to tighten nitrogen oxide emissions from trucks
  • DB Schenker aims for 20pc cut in trucking fleet's CO2 emissions by 2025
  • Hong Kong airfreight volumes up 2.8pc in October thanks to transshipments
  • Cathay's cargo soars 6.5pc in October, passengers volume edges up 0.9pc
  • Amazon continues to expand its logistics operation in Ohio

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Exim Indiaweb site
NOVEMBER 21, 2018
  • Allcargo Logistics appoints Malini Thadani as Non-Executive Independent Director
  • Bahri takes home three coveted awards, hosts customers & partners at annual oil reception
  • Hapag-Lloyd launches new Asia-Gulf Service
  • Kerry Indev Logistics bags 'Best Business Partner award'
  • MSC receives 'Container Line of the Year' award
  • OOCL announces improvements to Asia-Middle East 1 & Asia-Middle East 3 services
  • The English Court steers a course
  • Major global ports do well in H1
  • Revenue Department in plans to integrate e-way bill with NHAI's FASTag mechanism & DMICDC's LDB services
  • Prime Minister launches Ease of Doing Business grand challenge
  • All roads lead to The Gateway Hotel in Vadodara for the Shippers & LSP Business Forum on CTL 2018 today
  • WTO should remain the engine for global trade: Suresh Prabhu

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International Transport Journalweb site
NOVEMBER 22, 2018
  • Logistics growth
  • Acquiring big batch of Chanje electric vehicles
  • Autonomous trucks for mining company in Norway
  • "Final body join" for longest ever Boeing jet
  • DSV extends Indonesian network
  • Chipolbrok's Leopold Staff: special components for Jordan
  • Investments still flowing into Rail Hub Milano
  • Cheers for new player in beverage logistics sector
  • Pimenta goes Down Under for Ceva
  • Carriers form VSA for Asia-South America east coast
  • Creation of JV in Scandinavia
  • Menzies welcomes second customer in Indonesia
  • PTC installation steaming ahead
  • Widebody freighter joins fleet in run-up to Christmas
  • "Curiosity of the Day"
  • KN acquires Quick International Courier
  • Hapag-Lloyd's strategy 2023 sees industry at turning point
  • WFS cargo in new hands

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IHS Maritimeweb site
NOVEMBER 21, 2018
  • Future shipowner costs hinge on VIDA
  • Brightoil U-turns on fleet sale, seals Shell charter, restructuring debt
  • Bomin sells Antwerp bunker business to tanker firm Somtrans
  • Secondhand bulkers undervalued by up to 50%, Clarksons boss says
  • CDB FL books 12 bulkers from relaunched Dayang
  • Progress stalls on IMO 2020 enforcement concerns
  • Tanker manager CST takes over Rigel Schiffahrts

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The Loadstarweb site
NOVEMBER 21, 2018
  • China-US trade war just a 'bump in the road' to better business connectivity
  • Lufthansa Cargo and China Post co-pilot service to attract e-commerce revenue
  • Rival carriers gaining on Maersk in the box ship capacity stakes
  • ISO invites comments on first global standards for operating drones
  • Evolving market could lead to 'dangerous' overcapacity in Caribbean box terminals
  • New York's Quick International Courier the latest acquisition for Kuehne + Nagel
  • EU still struggling with system to bypass sanctions on Iran
  • The human cost of Black Friday, by an Amazon warehouse boss
  • Supply chain radar: Panalpina changes course... 'bye 'bye Mr Ulber
  • Supply chain radar: Sinotrans waits to enter the M&A battlefield
  • Supply chain radar: Just another bolt-on for Kuehne + Nagel
  • Under the radar: Wincanton shines as break-up talk vanishes

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Marine Logweb site
NOVEMBER 21, 2018
  • Metal Shark partners with Bahamas National Trust
  • Steiner Shipyard delivers passenger vehicle ferry to Love City Car Ferries
  • Negotiators agree increase in ILO minimum seafarer wage
  • BIMCO has cyber security charter party clause under development
  • Study eyes potential for adding high-tech sails to bulkers
  • Bomin's Belgian bunkering business bought by Somers family

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Lloyd's Listweb site
NOVEMBER 21, 2018
  • BIMCO aims for cyber security contract clause in 2019
    Klaveness is leading the clause drafting, while Navig8, UK P&I Club and HFW are also participating
  • London P&I Club issues loss prevention guide for coal cargoes
    Loading coal cargoes below a temperature of 55°C and regular monitoring can prevent self-heating, reducing the dangers to ship and crew
  • Hapag-Lloyd sets out Strategy 2023 vision
    Digitalisation, customer service and cost control are the key concerns as Hapag-Lloyd sets its sights on the next five years
  • Migrants forced off cargo ship in Libya
    Nivin earlier rescued 95 people who had been on board a boat that sank in international waters off the Libyan...
  • Small oil tankers make the most gains
    Owners are said to be taking vessels out of some areas to place them where earnings are greater
  • Argentina-based energy firm YPF awards floating LNG contract to Exmar
    Exmar's floating LNG unit lands 10-year YPF contract at Bahia Blanca port
  • Box shipping to feel impact of US-China trade war in 2019
    Freightos chief executive says China-US west coast rates have been at 18-month highs due to advanced shipments before each successive...
  • Seafarers win a better basic wage as shipowners seek to limit rise
    Seafarer trade unions and shipowner representatives agree to a $27 increase in the minimum wage by 2021
  • Brightoil scraps fleet sale after signing charters with Shell
    Moves comes after a recent rebound in VLCC earnings and Beijing's relaxation of credit clampdown on the country's private sector
  • Lines urged to digitalise or risk being marginalised
    Shipping lines risk losing the most valuable parts of their businesses if they do not adapt
  • Star Bulk in profit for fourth consecutive quarter
    Scrubbers champion posted its fourth consecutive profitable quarter capitalising off of its expanded fleet
  • ONE teams with European carriers on new Asia-South America loop
    The trio's new loop will call ports in South Korea, China, Singapore, Brazil, Uruguay, Argentina and South Africa
  • Daily Briefing
    Weak fundamentals cloud tanker market | Hong Kong forum hears upbeat assessment for 2019 | BIMCO sees fragile dry bulk...
  • Long Beach Container Terminal up for sale
    Concerns regarding the potential threat to US national security have eased
  • Africa needs big investments in grain import handling, storage facilities
    Increase in wheat imports driven by changing consumption patterns
  • US warns shipping industry over Iran sanctions busting
    The US is to freeze the assets of at least two senior officials of the Central Bank of Iran in...

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The Journal of Commerceweb site
NOVEMBER 21, 2018
  • Contract pricing power of US truckload carriers seen easing
  • Trans-Pacific spot rates show eastbound space still tight
  • Hapag-Lloyd pledges better service, profitability
  • Porto Marghera handles reactors bound for Nigeria
  • India draws up preliminary Bangladesh transshipment rules

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TradeWindsweb site
NOVEMBER 21, 2018
  • Crew rescued after ship fire off Greece
    Italian cruiseship received intervention call from Hellenic Coast Guard, saved 11 seafarers.
  • Aegean to be delisted from New York Stock Exchange
    Aegean Marine Petroleum Network is being dropped from the New York Stock Exchange. According to a filing with the Securities and Exchange Commission Wednesday, the embattled refueling company will be delisted 3 December. Baron draws distinction between Aegean and OW Bunker Aegean filed for bankruptcy 6 November, at which point the exchange suspended trading and moved to remove the company, acco
  • Defendant gets hearing in Pacific stolen-barge case
    Advanced Environmental Group disputes Pacific Tugboat Service's stolen-barge allegations, wants equipment from arrested vessel.
  • Ship Finance International eyes tanker market after boxship spending spree
    Ole Hjertaker hints at investment in tanker space as it shapes for a recovery.
  • Hapag-Lloyd swings cost axe as it sets out new strategy
    Strategy 2023 comes at a time container market is seen as being at a turning point where scale is less relevant.
  • Diana Shipping fixes post-panamax
    Simeon Palios-led bulker player's 93,193-dwt Alcmene (built 2010) comes off slightly higher rate fetched from Cargill.
  • Euronav tipped for sale of former Gener8 product tanker
    Tanker giant Euronav looks to have started offloading a pair of product tankers purchased during its takeover of Gener8 Maritime. VIDEO: 'Important milestone' as Euronav completes Gener8 deal Euronav took in two LR1s as part of the transaction but the ships were always outliers in its vast fleet of VLCCs and suezmax tankers. This week shipbrokers report the company has sold the 72,700-dwt Gener
  • Futures traders round on Baltic Exchange 2020 proposals
    Prominent fund manager says FFA contracts for 2020 and 2021 are "melting" following the unveiling of plans in September
  • NYK plans cashless ships to remove $800m from fleet
    Crewless ships may still be a little way away, but Japanese owner NYK is much closer to introducing a cashless vessel. It is considering setting up a new network that will allow financial settlements on board using electronic money. VIDEO: NYK reveals emissions-free ship for 2050 NYK develops on-board checks for LSFO Tests have been conducted to examine the potential to reduce administrative w
  • Hose rupture causes Andromeda tanker spill
    Indian coastguard asks Andromeda vessel to clean up after small leak.
  • BW LPG 'eyes open' for takeovers and time charters
    Martin Ackermann says consolidation not essential for recovery and period deals are a possibility.
  • Jobs safe as Color Line loses flag fight
    Norwegian government turns down bid to move vessels to NIS.
  • Borr Drilling posts third quarter loss
    Tor Olav Troim's Borr Drilling posted a net loss of $39.1m in the third quarter, despite nearly all its rigs being in operation. Bullish Borr Drilling sets four newbuildings in motion The Oslo-listed driller brought in $49.7m in revenue, but had $91.2m in expenses, most of it from rig operating and maintenance as 99.2% of its rigs were technically utilized. The figures were a dip from last quar
  • Cosco said to aim for more than $1bn for Long Beach terminal
    Chinese state-linked company is aiming to complete the sale of terminal by June at the latest, according to the Wall Street Journal.
  • Navig8, Klaveness working on Bimco cyber security clause
    Contract limits claims for breaches to $100,000.
  • BW LPG cuts loss as VLGC rates jump
    Singapore owner says fleet use rose and costs fell in more positive third quarter.
  • Rubber bullets used to force migrants off car carrier
    Libyan authorities storm Nivin in Misrata to end stand-off.
  • Formosa Plastics ships out a third product tanker
    Formosa Plastics Marine Corp has sold another of its product tankers at a time it is expected to wind down its presence in the LR1 space. Formosa Plastics drip feeds another LR1 to S&P market Formosa Plastics Marine mulls sale of entire LR1 tanker fleet The Taiwanese shipowner was reported in October to be seeking an exit from the LR1 arena and subsequently began drip-feeding tonnage into the m
  • Solstad continues fleet clear-out with Singapore sale
    Norwegian OSV owner continues fleet revamp with deal for Far Supplier.
  • Sentiment a key driver of bulker market slump, says Golden Ocean chief
    Birgitte Vartdal says nobody called the fourth quarter drop as she dismissed impact of BHP derailment as "headlines".
  • Seafarers win 4.5% pay rise after tough talks
    ILO minimum wage rises to $641 per month after "difficult negotiations."
  • Brightoil Petroleum drops tanker sales plan amid market upturn and Shell contracts
    Brightoil Petroleum has dropped plans to sell off its tanker fleet, having previously placed its five VLCCs, four aframaxes and six bunker tankers on the market. Brightoil Petroleum set to refinance five VLCCs with Shandong Shipping deal Brightoil Petroleum eyes potential fleet sale Following a change in shipping market environment, the group had decided to terminate the commercial negotiation
  • Somers family buying Bomin's Belgian business
    Tank-barge clan snaps up bunker supplier's operations in Antwerp.
  • Charity condemns IMO's 'closed shop'
    Six IMO members have come under fire for protecting the organisation's alleged secrecy. Transparency International has criticised the US, UK, Panama, UAE, Cook Islands and Marshall Islands for opposing efforts to open it up to public scrutiny. The countries are concerned that increasing access to information could lead to outside influence, the charity claimed. Banks: Scrubber financing is 'ver
  • Reach says subsea tender activity increasing
    Norwegian OSV operator pushes up earnings in third quarter.
  • ONE teaming up with Hapag-Lloyd and MSC
    Japanese line adds partners for Asia to South America service.
  • Stena Sonangol pushes up pool earnings
    Suezmax operator sees rates rise in third quarter in "challenging markets."
  • Exmar finally fixes floating LNG unit to Argentina's YPF
    World's smallest floating liquefaction unit to be operational in Argentina by April
  • Nordic Shipholding reaches deal over covenant breach
    Danish product tanker owner also wins claim in legal dispute, but posts heavy third quarter losses.
  • US warns maritime sector over petroleum shipments to Syria
    Treasury says companies face "grave risks" if they ship oil to Middle East nation.
  • Singapore probing Noble over alleged disclosure breaches
    Commodity trader under investigation by police, monetary authority and accountancy regulator.

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American Shipperweb site
NOVEMBER 21, 2018
  • China hasn't stopped unfair commercial actions, USTR says
    The Office of the U.S. Trade Representative on Tuesday issued a 53-page update to its March-completed Section 301 report on China's policies related to IP, tech transfer and innovation.
  • NIT League supports World Shipping Council petition
    Shipper group says change would reduce costs, promote competition with NVOCCs.
  • Port Canaveral: The key to Florida's auto market
    Centralized location allows vehicle manufacturers to save on their inland distribution costs, says CEO John Murray.
  • Hapag-Lloyd outlines selective growth in Strategy 2023
    "Delivering value to get the most attractive cargo on board is at the heart" of the plan, says CEO Rolf Habben Jansen.
  • U.S. turns up heat on illicit Syrian oil imports
  • Kuehne + Nagel 'acquiring know-how' with Quick buy
  • COSCO SHIPPING Ports, PSA deepen collaboration
  • Long Beach rail project nets $14 million grant
  • Executive Moves: EROAD and VARGO

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The Bunker Bulletinweb site
NOVEMBER 21, 2018
  • New 0.5% swap to limit bunker fuel price risk in 2019 as sulfur cap looms
    The uncertainty over product availability and prices might prompt hedging bunker fuel price risk to reduce exposure to the volatility expected come 2020.
  • FEATURE: Physical bunker suppliers eye indications of 2020 HSFO availability
    As 2020 looms, physical suppliers are questioning the availability of HSFO at bunker hubs and smaller ports.
  • Crude bounces higher amid heightened Saudi Arabia sanctions risk
    Crude prices settled higher Wednesday in the wake of rising tensions between Washington and Riyadh over the killing of journalist Jamal Khashoggi.
  • Rotterdam fuel oil barge delays intensify in Europoort area: sources
    Congestion in the Rotterdam fuel oil barge market has begun to intensify, with delays in the Europoort area lengthening as sellers struggle to meet loading ranges for the end of November.
  • TRADER NOTE: Marine fuel supplier Bunker Holding appoints new CFO
  • External: Marine Bunkering(Rotterdam)B.V.
  • Bunker supplier Bomin sells Belgian operations
    "This is a significant time for our family as we look to enter the bunkering market," said Ronald Somers, CEO of the Somtrans Group.
  • TANKERS: Suezmax earnings on the rise due to strong demand from the East
    So far this year, 24 Suezmaxes have been sent for demolition, the highest number since 2012.
  • US sanctions Russian companies in scheme to sell Iranian oil to Syria
    The sanctions are aimed at cutting off oil sales to the regime of Bashar al-Assad, US administration officials said.




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