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22 February 2019 The on-line newspaper devoted to the world of transports 22:08 GMT+1

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Sched Netweb site
JANUARY 25, 2018
  • OOCL blanks 16 sailings on Asia- America run on Chinese New Year lull
  • Asian countries sparkle in Agility's emerging markets rankings
  • ONE to become world's sixth largest container shipping carrier
  • US manufacturers thank Congress for tax relieve bill
  • Wan Hai and Interasia Lines to launch new service
  • 2M alliance drops Southampton on Asia-Europe service
  • CN profit up 156pc due to US tax cut, sales up 2pc on box growth
  • Tanzania suspends registration of foreign vessels after drug seizure
  • Dutch shipowner orders electric inland barges
  • WTO rules insufficient to prevent China distorting market: US
  • US fines lab for flying radioactive material on cargo flight
  • TSA insists on tighter air cargo screening from Mideast Arab states
  • UPS visits Bahrain to hold talks over expanding its cargo operations
  • Kansas City airport has bumper passenger year as cargo declines

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Exim Indiaweb site
JANUARY 24, 2018
  • CMA CGM recruits one of the best experts worldwide to accelerate its digital transformation
  • Kerry Indev Logistics to receive 'World Customs Organization Certificate of Merit' in New Delhi
  • Port of Antwerp again achieves record freight volume
  • SIPC Kandla investor conference in Ahmedabad draws enthusiastic response
  • e-commerce driving air cargo growth

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International Transport Journalweb site
JANUARY 25, 2018
  • UIRR: directive 92/106 amendment - good proposal
  • US shortline railroad invests in rail/truck facility
  • Qatar Airways Cargo's first five QEP stations
  • Crane Worldwide Logistics' new man in Germany
  • Nola planning second container terminal
  • Hermes slashes delivery times
  • Elvis dissolves cool load network
  • New distributor in China for Konecranes
  • Amsterdam airport sets new personal best in 2017
  • Chinese launching another freight train to Europe
  • Good year for cargo at port of Helsinki
  • Joint venture in Sri Lanka
  • Rail transport saves 21 million road km
  • Contship Italia holding course and speed
  • From Schmidbauer to Bayern Munich - and back
  • Turkish Cargo lends wings to penguins and lions

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IHS Maritimeweb site
JANUARY 24, 2018
  • US adds six to North Korea vessel sanctions list
  • Product tanker recovery raises spectre of renewed excess ordering
  • Baku port pulls ahead
  • Computer system aims to make shipping safer
  • Box ships getting scarcer, hire rates firming
  • More VLCC sales keep scrap prices down
  • Wisdom Marine continues fleet expansion with Imabari orders

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The Loadstarweb site
JANUARY 24, 2018
  • E-commerce and pharma piloting strong air freight performance into 2018
  • Ocean carriers must do their homework before sitting down for contract negotiations
  • Blockchain technology the measure of trust between supply chain partners
  • Contship Italia volumes decline in 2017, but rail freight traffic is on the up
  • Analysis: FedEx still in great shape and busy on all fronts every day
  • The way to avoid common customs traps
  • Transport Intelligence's Total Logistics 2018 - everything you need to know
  • CMA CGM digital push sees Rajesh Krishnamurthy on board as VP of IT

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Marine Logweb site
JANUARY 24, 2018
  • USCG issues RFP for new fleet of cutter boats-large
  • Royal Caribbean employees get an $80 million surprise bonus
  • Ferry operators opt for Imtra equipment for key projects
  • CMA CGM names Group Senior VP IT and Transformation
  • Yemen conflict prompts new guidance on maritime security

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Lloyd's Listweb site
JANUARY 24, 2018
  • Scorpio Bulkers eyes consolidation deals
    Scorpio Bulkers president Robert Bugbee predicts that at least five fleet consolidation deals will take place within a year
  • Shipping investors shift focus to yields from assets in market upturn
    Newbuildings become undesirable as investors seek stable, long term returns
  • Poseidon expands fleet with nine boxships
    George Youroukos-led vehicle finds alternatives to Diana Containers units ahead of potential Euroseas merger
  • Shipping gets new guidance on Red Sea threat
    BIMCO, ICS and Intertanko partner up to prepare shipowners
  • Hamburg shipping out to scupper takeover of HSH Nordbank
    US investors could call time on big family owners, industry figures warn
  • Western banks here for the long haul in shipping finance
    Bank lending remains more cost competitive in the long-run than leasing and private equity
  • Transparency International turns spotlight on IMO
    Non-profit group hiring consultant for two-month project to examine regulator's transparency, accountability and integrity
  • Shipping shows it's getting serious about digital
    New hires are a step in the right direction as digital transformation comes to the shipping industry
  • BBC's Bryant named as host of Lloyd's List Americas Awards
    May 23 Houston event will follow Informa KNect 365's Gas Shipping North America conference
  • More scrapping and limited newbuilding to support crude carriers
    Financing markets favour secondhand over newbuilding deals while scrapping remains high, with weak rates and regulation, Marine Money is told
  • Daily Briefing
    The decision by CMA CGM to go with LNG for vessels that will be traded on long-haul between Asia and...
  • Nova Marine Carriers targeting dry bulk consolidation and growth
    Chief executive of 100-vessel family business talks about the company's expansion and why scale matters
  • Wisdom Marine firms up handysizes order
    Dry bulk owner has ordered around six bulk carriers between October 2016 and January 2017
  • Contship Italia reports traffic dip in 'challenging year'
    Italian operator sees 1.3% fall in throughput numbers, as healthy gateway traffic helps mask disappointing transhipment volumes
  • Chinese shipyards facing shrinking backlog and rising costs
    New orders are expected to remain on an uptrend this year, but backlog will continue to contract
  • Waigaoqiao yard wins court battle with CLdN Bulk
    Ruling adds $12.8m to shipbuilder's 2017 profit figure
  • HHI sees 52% jump in value of new orders in 2017
    Strong order growth attributed to low base the previous year
  • Grounded and breached VLEC underway after refloat and repairs
    Incidents in the Suez Canal did not result in any pollution or casualties
  • China's policy to cut steel capacity will hurt bulker trades
    After iron ore imports hit records in 2017, capesize and panamax bulk segments to be affected by move
  • Storm helps break up Sanchi oil slicks
    Smaller oil oil patches have been found drifting to the southeast of the wreck
  • Teekay to raise up to $115m with sale of convertible notes
    Group also looking to offer 10m shares in a public offering
  • Costamare beats Wall Street forecasts for fourth quarter
    Greece-based boxship owner already locking in higher 2018 charter rates

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The Journal of Commerceweb site
JANUARY 24, 2018
  • NY-NJ port grapples with rail delays
  • LA-LB tech's quest: More trucker dual transactions
  • Demurrage-detention regulatory relief for BCOs slow coming
  • MSC adds Europe-Africa ro-ro service
  • Gateway Terminals tops productivity gains at JNPT

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TradeWindsweb site
JANUARY 24, 2018
  • Damen to deliver its first CSD to South Africa
    Dutch shipbuilder plans to send an on-the-shelf Cutter Section Dredger 250 to Dredging Africa.
  • US sanctions six ships for North Korea ties
    US government moves also target individuals and businesses as part of ongoing blockade of hermit kingdom.
  • Primed investors, exit strategies and open kimonos
    Shipping is back on the radar so it's time to learn from the greats on how to get your money out at the top.
  • Capes are the 'sexy size' in dry bulk revival
    Despite seasonal pullback, shipowners see capesize supply as tightest for next two years as dry bulk shipping sees ongoing growth.
  • Farstad wants his name off Solstad Farstad
    Disgruntled Andy Farstad is cutting ties with Solstad Farstad.
  • RCL to give bonuses for hitting earnings targets
    Miami-based cruise major plans to give 66,000 workers, excluding corporate officers, an extra 5% on top of their salaries as it achieves "Double-Double" goals.
  • CMA CGM looks to IT sector for latest hire
    Marseilles-based boxship owner poaches digital chief from major Indian digital firm as part of new initiative.
  • Yemen attacks prompt security tips
    Maritime organisations offer guidelines on security in southern Red Sea.
  • Arntzen: 'Banks treat new customers like lepers'
    Macquarie advisor lays out how mainstream lenders are getting it wrong in shipping today.
  • Teekay raises $237m in share and note sales
    Vancouver-based company also raises $125m in convertible offering with debt repayment likely use for new funds.
  • Unknown Chinese lessors waiting in wings
    Standard Chartered shipping boss says next phase of leasing story is arriving.
  • Hill Dickinson poaches Siiri Duddington
    Law firm brings in new shipping partner from CJC.
  • Societe Generale in the market for shipping
    Bank would snap up loan portfolios if right deal arose.
  • More Statoil cash for Subsea 7
    Owner wins offshore deal worth up to $150m off Norway.
  • Japan: N Korean and Dominican tanker 'in contact'
    Cargo transfer may have taken place in East China Sea, government says.
  • Torm banked $100m in 3.5 hours
    Finance chief says major shareholder was willing to take full book if needed.
  • Ridgebury sees big year for tanker scrapping
    But CFO Hew Crooks is less positive about the prospect of new tanker companies listing in the US.
  • Cosco yard group secretary Teo dies
    Executive at shipbuilding company passed away suddenly on Tuesday.
  • Skou: Maersk has beefed up IT security
    Boss says group can now restore systems faster after cyber attacks.
  • Swissco asks court for more time
    Singapore owner wants to postpone court refinancing meetings.
  • POSH offloads elderly anchor-handler
    Singapore owner confirms sale of Salvirile as it renews fleet.
  • MSC launches ro-ro run to West Africa
    Giant line wants to capture project and break bulk market share.
  • Seatruck Ferries logs 10% volume rise
    Clipper Group owner says 2017 was another strong year.
  • Hurtigruten buying back ro-paxes
    Odfjell and others selling leased ships back to Norwegian owner.
  • Croatia: $117m Uljanik guarantee is 'stopgap'
    Economy minister says yard needs to get on with finding strategic investor.
  • Hyundai Heavy Industries post big rise in orders
    World's largest shipbuilder sees back log at end of 2017 much healthier than 12 months earlier.
  • Ecoslops plans Suez Canal reception facility
    French group says such a set up could potential recover up to 40,000t of waste a year.

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American Shipperweb site
JANUARY 24, 2018
  • Höegh adds calls to Baltimore, Jacksonville
    HöeghAutoliners will add calls to the ports of Jacksonville, Fla. and Baltimore via the Europe-Oceania roll on/roll off (ro-ro) service in ...
  • Norfolk Southern posts $3.9b net income for Q4 2017
    Norfolk Southern Corp. reported a net income of $3.9 billion and diluted earnings per share of $13.79 for the fourth quarter of 2017, accor...
  • CNC Line, APL to commence Asia container loop
    Ocean carriers CNC Line and APL, both subsidiaries of French ocean carrier CMA CGM, will commence a new Asia container loop starting mid-Fe...
  • CN earnings pick up steam in Q4 2017
    Canadian National Railway's (CN) earnings picked up some serious steam in the fourth quarter of 2017, spiking 156 percent to $2.61 billion ...
  • Crowley assists in power restoration on island near Puerto Rico
    Crowley Maritime Corp.'s liner and logistics teams recently provided supply chain management services for the first of several expected shi...
  • North American rail coalition urges NAFTA negotiators to stay at the table
    The Association of American Railroads (AAR), Railway Association of Canada (RAC), and Asociación Mexicana de Ferrocarriles (AMF) have sent ...
  • Getting underway as 'ONE'
    The container shipping landscape, which has seen its share of changes in recent years, is set to shift yet again come April 1, once the Oce...
  • Two men charged with illegal China export scheme
    The U.S. Justice Department said Tuesday that two individuals, Yi-Chi Shih and Kiet Ahn Mai, were arrested on Jan. 19 and subsequently char...

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The Bunker Bulletinweb site
JANUARY 24, 2018
  • OPEC will review market in June, but 'highly, highly unlikely' to exit output cuts: Falih
    OPEC and its allies will review market conditions at their meeting in June, but a production-cut agreement is likely to remain intact through the end of 2018 as scheduled, Saudi Energy Minister Khalid al-Falih said Wednesday.
  • Lukoil CEO sees April market balance, warns against overcutting oil output to avoid price hikes
    The CEO of Russia's second-largest crude producer Lukoil, Vagit Alekperov, Wednesday warned against overdoing production cuts, saying these could lead to a sharp rise in oil prices, including due to underinvestment in new projects, and called for considering a gradual end to the OPEC/non-OPEC deal after market rebalancing, which he expects in April.
  • US Treasury sanctions North Korea oil ministry
    The Trump administration Wednesday sanctioned 16 individuals, six vessels and nine entities, including the North Korean Ministry of Crude Oil Industry.
  • NYMEX crude gets boost from US stock draw
    Front-month NYMEX crude topped $65/b Wednesday for the first time since December 2014 after Energy Information Administration showed US crude stocks falling for the 10th straight week.
  • External: Wired Bunkering
  • REFINERY NEWS: Malaysia's Petronas to shut 100,000 b/d Melaka CDU in Mar
    Melaka refinery will likely be shut down in early March for a month-long turnaround, sources said.
  • BP Singapore exits Singapore landed storage for fuel oil: sources
    The lease at Universal Terminal expired at the end of December and had not been renewed, sources said.
  • S Korea leads Asia's shopping spree for North American crudes for Q1
    "The purchase of US crude is part of efforts to diversify crude sources other than the Middle East," a SK Innovation spokesman said.
  • Gulf Petrochem Group changes name to GP Global to reflect expansion
    The new name reflects the company's international presence in Singapore, Rotterdam, Mumbai and the UAE.
  • FUTURES: Crude falls on profit-taking, inventory build
    Market has a bullish outlook on crude oil due to events such as the IMF's upward revision of its growth forecast, possible collaboration between OPEC and its allies beyond 2018 and falling crude oil output in Venezuela.
  • Trafigura inks deal to ship on new, approved Cactus II crude pipeline
    On Monday, Plains said it had sufficient shipper commitments from a just-concluded open season to build Cactus II.

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