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18 October 2018 The on-line newspaper devoted to the world of transports 16:04 GMT+2




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Sched Netweb site
SEPTEMBER 27, 2018
  • Maersk's new surcharge to recover US$2b costs from 2020 sulphur cap
  • CMA CGM levies US$160 per TEU to cover extra costs for sulphur cap
  • Maersk containership detained in Tunisia
  • APL's new Eagle Express X service keeps to service guarantees
  • HK delegation heads to Washington to protect special trade status
  • Vinalines launches second IPO offering remaining 480m shares
  • Pirates nab 12 seamen on board Swiss ship in Nigerian waters
  • HKIA's air cargo returns to growth in August handling 431,000 tonnes
  • Singapore Airlines offers THRUCOOL for pharma shipments
  • Ethiopian and Western Global seek to transport US mail to Africa

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Exim Indiaweb site
SEPTEMBER 26, 2018
  • Autonomous & remotely operated ship guideline released
  • FWC 2018 inaugurated in Delhi in the presence of 1,200 delegates from 130 countries & across India
  • Liberia calls for early reporting on 2020-compliant fuel availability
  • Maersk implements new guidelines on dangerous goods stowage
  • MOL conducts onboard test of new technology with Rolls Royce
  • MSC & ZIM announce a new cooperation on the India Subcontinent-East Mediterranean trade
  • India's goods exports seen growing at a fast pace
  • First consignment of natural river sand lands at Kamarajar Port
  • Port Congestion Surcharge in Shuwaikh, Kuwait
  • Dedicated train with 90 TEUs flagged off from ICD-Sahnewal to Pipavav Port
  • INSTC to boost international trade & logistics business: Commerce Secretary
  • Finance Minister launches MSME web portal
  • Business confidence index hits record high
  • Cargo Shop 2018 - Shippers & LSP Forum in Pune on Oct. 13 to be graced by leading dignitaries, prominent shippers, LSPs & delegates

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International Transport Journalweb site
SEPTEMBER 27, 2018
  • Rickenbacker plays the tune
  • NSW planning for the long haul
  • Uniting for Eurasian high-speed corridor
  • New project manager in Lubeck
  • Network for unwieldy goods
  • Port Said new location of BDP
  • Defying the typhoons
  • Pharma logistics specialists debating in Brussels
  • Delivering 28,000 loads per annum across entire UK
  • Davies Turner adds more apprentices
  • Increase expected in October
  • Liberia registry appeals to IMO about sulphur cap
  • "Curiosity of the Day"
  • Champ supports Philippine "Women in Business"
  • KN listed on SXI Switzerland Sustainability 25 Index
  • Swissterminal files complaint against Gateway Basel Nord
  • Arcelor Mittal exporting via Dunkirk
  • Hupac augments intermodal network

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IHS Maritimeweb site
SEPTEMBER 26, 2018
  • IMSK CEO: Decade-long decline, Teekay split caused downfall
  • Shipping told to widen investor base to succeed on stock markets
  • Faerder linked to Suezmax orders for Chevron
  • DCC Bulk Transport bankrupt after rosy start

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The Loadstarweb site
SEPTEMBER 26, 2018
  • Maersk issues new rules for stowage of dangerous goods on its box ships
  • Shippers want 'a market approach' dialogue on shipping line bunker surcharges
  • E-commerce boom driving demand and investment in Asian warehousing
  • Market Insight: Damco - has the latest revamp broken APMM's 'beating heart'?
  • Air freight making inroads into India's e-commerce market
  • India could become a beneficiary of the US-China trade spat
  • Half-hour UK customs delays could 'bankrupt one in 10 firms'
  • South African Airways denies cargo division sale rumour
  • Kerry Logistics promotes Kenny Rutgersson as MD Sweden

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Marine Logweb site
SEPTEMBER 26, 2018
  • VIDEO: BMT develops new water taxi designs for Hong Kong
  • Mexican national charged in fishing boat crew member murder
  • MacGregor equipment picked for eight HMD feeder ship newbuilds
  • International Seaways to install scrubbers on seven VLCCs
  • Skangas joins SEA\LNG coalition
  • Maersk implements new guidelines for dangerous goods stowage

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Lloyd's Listweb site
SEPTEMBER 26, 2018
  • Lloyd's List Global Awards 2018
    With the business of shipping more complex and costly than it has ever been, innovators are being singled out for...
  • Dirty data delays digital dreams
    Digitalisation may offer reduced costs greater efficiencies for container shipping, however an unwillingness to share quality data or even agree...
  • Liberia urges early reporting of 2020-compliant fuel availability
    New paper calls on IMO to prod states to provide information on availability of new fuels 'well in advance' of...
  • GasLog Partners collects cash to fuel growth
    The company expects to use the funds for future acquisitions from GasLog Ltd
  • IMO's Lim calls for collaboration on decarbonisation
    Secretary-general Kitack Lim lauds industry support but warns collaboration with governments will be necessary for the development of new technologies
  • Tariff war can hurt transpacific trade badly, analysts warn
    Trade war will also encourage reshoring and near-shoring, which is the worst news for container shipping
  • Zodiac emerges as winner of Toisa tanker six-pack
    Ofer-led shipowner has tendered the winning offer , said to be about $280m, for the six newbuilding tankers put up...
  • Hafnia hires Glencore unit for fuel purchases
    By using a digital platform, Hafnia can track fuel quality more easily
  • Regulation is flexible to change, says IMO
    Frederick Kenney explains a delay before 2020 is not procedurally possible, but notes that all of the IMO's regulation allows...
  • Iran sanctions bypass will have no impact on shipping
    Iran's oil customers are already calling a halt to tanker trades as the US continues to exert pressure on all...
  • LNG carrier spot rates surge as market tightens
    With the sharp decline in tonnage availability, rates are poised for a further upsurge as charterers continue to seek more...
  • Maersk amends dangerous cargo stowage rule in wake of Honam
    Maersk evaluated 3,000 United Nations hazardous materials classification numbers to produce its new set of stowage guidelines
  • Brexit border delays could bankrupt 10% of UK firms, survey claims
    The Chartered Institute of Procurement and Supply survey found that a failure to reach a deal with the European Union...
  • Asia-Europe trade feels strain amid Brexit and carriers' vessel ordering spree
    Weakening import demand from the UK and Germany, coupled with fast-growing ultra-large tonnage supply, overshadows Asia-Europe trade prospects
  • The Alliance and Ocean Alliance members join forces on the transatlantic
    The enhanced service, subject to regulatory approval, is scheduled to be launched in December
  • Daily Briefing
    Maersk rebuffs 'profiteering' claims | Carriers must share 2020 fuel cost increases, conference told | ESC calls for 'dialogue' over...
  • 2M rivals look to capitalise on Asia-Europe withdrawals
    CMA CGM has increased its pricing competition on the trade in a bid to grow market share twofold, according to...
  • Supply chains can benefit from better data sharing, says OECD
    Mistrust and lack of co-ordination among actors with different roles in the supply chain threaten to derail information sharing benefits

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The Journal of Commerceweb site
SEPTEMBER 26, 2018
  • LTL shippers pressured to digitize bill of lading
  • NY-NJ moves toward interoperable chassis pool with new IEP
  • No drayage capacity impact from California law affecting shipper liability
  • US intermodal peak delayed, tariffs could be to blame
  • Maersk changes dangerous cargo stowage following Honan fire
  • Return of freighter fleet eases trans-Pacific air cargo pressure

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TradeWindsweb site
SEPTEMBER 26, 2018
  • Pacific Drilling closes $1bn notes issue
    The New York-listed driller moves further away from bankruptcy.
  • Robbers attack ships in Asia
    A bulker and an LPG carrier were targeted in the last week, says ReCAAP report.
  • Tough road ahead to meet 2050 decarbonisation goals
    While current technologies are sufficient to meet the IMO's interim emission targets in 2030, cutting GHS by half from the 2008 level before 2050 requires much more effort, according to senior shipping officials.
  • New mini-bulker and MPP pool giant formed
    Peter Dohle and NovaAlgoma join forces to create the world's largest mini-grabber pool.
  • Carnival spends $75m per year on energy efficiency
    US cruiseship giant has looked into decarbonised future by investing in emission reduction technologies, according to a company official.
  • Solstad Farstad wins two-year Qatar PSV charter
    OSV giant says Far Swan is switching from Australia this month.
  • IMO mindful of burden on owners amid decarbonisation drive
    Kitack Lim says action plans now in focus ahead of the next MEPC session but admits financially distressed owners may need relief.
  • S&P affirms Britannia P&I's A rating
    Agency likes the look of club's capital buffer and "exceptional" liquidity.
  • Tortoise shells out $53m for GasLog Partners stake
    Andrew Orekar-led partnership sells 2.25 million shares to US investment advisor.
  • New Celestyal Cruises CEO appoints top team
    Greek owner's boss Chris Theophilides promotes from within.
  • Slack tanker market turned Tsakos tepid on "big-ish" fleet deal
    New York-listed owner also fearful of politician flipping script on scrubber story, CFO says.
  • Buss and IDEA form offshore joint venture
    German and French companies team up for wind farm and port logistics.
  • Drones to police Norwegian shipping emissions
    Maritime authority to check exhausts with a little help from its flying friends.
  • Nord/LB to axe 1,250 jobs
    Redundancies will lead to 2018 loss as talks with new investors continue.
  • Nordea pulls plug on IMSK
    CEO opens up on his frustration after refinancing talks with Nordea syndicate fail and liquidation looms
  • IMSK's MAN claims to continue with third-party help
    Cash-strapped owner still pursuing $20m in engine performance row.
  • Skaugen: small-scale LNG plan was ahead of its time
    IMSK boss believes others can benefit from company's pioneering work.
  • Chinese link removes cloud from IRISL newbuilding quartet
    Four boxship newbuildings ordered by Islamic Republic of Iran Shipping Lines and anchored following delivery this year are set to begin trading under a new identity. The 14,500-teu quartet have been idle since leaving Hyundai Heavy Industries this summer as new sanctions from Donald Trump's administration threw their further into doubt. Now the ships have been transferred to new ownership, have
  • EGD pumps $20m into Klaveness Combination Carriers
    Norway's EGD Shipholding is expanding its cooperation with the Torvald Klaveness group in Oslo by investing $20m in Klaveness Combination Carriers (KCC). The Bergen-based company that includes EGD Shipholding took about 44% of this week's $45m private placement by KCC. As TradeWinds reported, the share issue, handled by Clarksons Platou Securities, fell short of its $70m target. Klaveness raise
  • Captain Tsakos opens maritime high school on the island of Chios
    The Maria Tsakos Foundation assembled scores of dignitaries on the Greek island of Chios in September to celebrate the opening of its groundbreaking maritime educational facility. Students and dignitaries honour Maria's memory The Tsakos Enhanced Education Nautical School (Teens) is Greece's first vocational, non-profit maritime high school. It aims to provide seagoing education to 15 to 17-yea
  • Bimco fast-tracks 2020 bunker clauses
    Association looks into cost-sharing and compliance as fuel deadline approaches.
  • Zodiac Maritime zeroes in on six modern tankers
    Eyal Ofer-led company has accelerated the renewal of its tanker fleet with the purchase of former Toisa vessels.
  • Maersk tightens up guidelines after Honam fire
    Dangerous cargoes will no longer be stowed next to accommodation or propulsion areas.
  • Iranian tankers trickier to track as sanctions near
    Bloomberg says 10 VLCCs have not transmitted an AIS signal for at least a week.
  • MOL and Rolls-Royce trial new AI system
    Ferry fitted with equipment to detect debris and other obstacles.
  • FSL Trust ends legal action against Alan Hatton
    Singapore shipowner and its ex-CEO "amicably" resolve claim and counterclaim with settlement.
  • ADS Crude Carriers wins first VLCC charters
    Third tanker delivered as Front Page heads to West Africa as FSO.
  • Gallagher warns P&I clubs over 'blood bath'
    Broker tells clubs the good times are over as 'sharks' circle, threatening to wreak havoc on their balance sheets
  • Falling Asia-Europe rates threaten boxship margins
    Latest slump in world's largest container shipping trade has led to some operators looking to redress the supply-demand balance
  • Moody's affirms PSA rating despite trade war threat
    Ratings agency points to port operators' strong support from government-backed investment fund.
  • Southeast Asian products imports decline in rare reversal
    Volumes into Singapore, Indonesia and the Philippines down between 10% to 20% year-to-date.
  • Vopak to boost marine gasoil capacity ahead of IMO 2020
    Singapore storage facility to be expanded to enable storage of more low-sulphur fuel.

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American Shipperweb site
SEPTEMBER 26, 2018
  • Maritime History Notes: Last American passenger ships
  • CBP outlines ACE enhancements on deck
  • Emerging technology rule forthcoming from BIS
  • FMC reviews 11 OTI license applications
  • 'Malicious Russian cyber actors' put on Entity List
  • Walmart deploying blockchain to track leafy greens
  • Freight moves between U.S., neighbors up 13.5 percent
  • Jefferies taking Association of American Railroads reins
  • Long Beach OKs $870 million for on-dock rail work

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The Bunker Bulletinweb site
SEPTEMBER 26, 2018
  • Bears prevail in wake of US inventory build
    The oil complex settled lower on Wednesday after a sharp drop in refinery utilization and an unexpected increase in crude stocks last week
  • Soaring crude prices dent European product cracks
    Surging outright crude prices are piling pressure on refining margins as oil product values lag behind the rise
  • Trump takes hard line on Iran, fueling SPR oil sale speculation
    US President Donald Trump said Wednesday he expects full compliance when sanctions on Iran's oil customers go back into force on November 5
  • Istanbul bunker fuel premium to Piraeus elevated on tight availability
    The premium of bunker fuel at Istanbul over the nearby port of Piraeus in Greece is expected to remain higher than normal
  • Russia may fully reverse production cut of 300,000 b/d this month: energy minister
    Russia may be back to producing at its October 2016 level this month, energy minister Alexander Novak said Wednesday
  • USGC-Singapore HSFO arbitrage open on paper, but no one cashing in
    When the USGC fuel oil market is at this large of a discount to Singapore, traders in the US normally swoop in, but traders and brokers said there have been no rumblings of any company looking to take advantage
  • TRADER NOTE: Litasco's 2020 project manager joins BP
  • FUJAIRAH DATA: Oil product stocks lose 8.5% on week as residues slump
  • S Korean bunker premiums drop to 2-month low, but demand to improve in Q4
  • FUTURES: Crude stable to lower on surprise US crude stock build
  • Singapore 380 CST HSFO hit 46-month high on higher crude, tightening supply
    Singapore 380 CST HSFO hit 46-month high on higher crude, tightening supply
  • Trading houses face tough spot markets, growing competition from NOCs, Vitol says
    Commodity trading houses are facing tough competition from the trading arms of national oil companies and challenging conditions in spot markets
  • Shanghai bunker premiums dip to 3-month of $19.92/mt on robust selling
    The spread between Shanghai delivered 380 CST bunker fuel and Mean of Platts Singapore 380 CST high sulfur fuel oil assessments hit a 3-month low at $19.92/mt on Tuesday




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