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23 April 2018 The on-line newspaper devoted to the world of transports 20:47 GMT+2




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Sched Netweb site
MARCH 28, 2018
  • HMM pulls out of US east coast and switches focus to India, Europe
  • Two 2M ships sail away after slight collision in Callao, Peru
  • DP World wins concession for greenfield Congolese Port of Banana
  • Matson's monopoly of US-Guam route ends if APL and Feds win law suit
  • Mega ships dumping mega cargoes at LA-LB lengthens truck turn times
  • APL introduces direct service from Hong Kong to Chu Lai Haiphong
  • US plan to exact China tariffs over 'intellectual property theft'
  • EUROGATE to draw in ships as the Pied Piper of Hamelin once did
  • Leading leftist paper expects more of a pillow fight than a trade war
  • ONE enlists Union Pacific to handle container freight from USWC
  • 'K' Line sells Tokyo tugboat unit to strengthen balance sheet
  • Faulty software grounds 3 South African Airways Cargo planes
  • US Senate takes 14 months to confirm McAleenan as CBP Commissioner
  • Soaring Heathrow tonnage to gain from new China cargo links in 2018

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Exim Indiaweb site
MARCH 27, 2018
  • APL enhances Asia-Latin America network with new Quetzal Express service
  • Seaworld Express Lines completes 10 years
  • Velji Dosabhai & Sons recognised as Freight Broker of the Year at Gujarat Junction Cargo & Logistics Awards 2018
  • V. O. Chidambaranar Port Trust achieves new single-day oil cake/copra handling record
  • Department of Posts launches Cool EMS service from Japan to India
  • J. M. Baxi & IBM ink MoU to launch Blockchain-based platform for India's ex-im trade
  • Warehousing sector looking up, says report
  • Govt highlights rationalisation of GST policy measures & rates
  • Mandatory declaration of GSTIN, IEC & e-mail address of importer to be included in the Bill of Lading obtained by shipper

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International Transport Journalweb site
MARCH 28, 2018
  • "Narrowbody" for Ticino roads
  • Schindler selects Imperial Logistics
  • Scottish forwarder expands fleet
  • Swissport: volumes up and push-back tractor to the museum
  • Hamburg Süd colours in Chinese environment
  • Strong start to current year
  • Solution to double Channel Tunnel transport capacity
  • West Atlantic to take four B737-800BCFs
  • Successful audit of data centre
  • Smart handling at Antwerp's leading container port
  • Extending pharma cross dock platform
  • Elsen investing in young blood
  • More craneable trailers for trans-European route
  • Tiaca goes to Zhengzhou

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IHS Maritimeweb site
MARCH 27, 2018
  • 3i Group relinquishes control of Scandlines
  • ER Offshore speeds up fleet sale
  • JP Morgan bullish on shipping earnings - bar crude tankers
  • Grindrod expects to spin off shipping business by June
  • Trade war talk spooks Scandinavian shipowners
  • Troubled Chinese shipbuilder CSSC appoints new chairman
  • Korea Line Corporation to ship crude for S-Oil
  • Kunlun Holding purchases elderly VLGC
  • Citibank and Standard Chartered join financiers of HMM VLCCs

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The Loadstarweb site
MARCH 27, 2018
  • Box lines face extra $34bn for low-sulphur fuel if shipowners don't install scrubbers
  • Forwarders face extinction in 10 years if they don't 'go digital', says report
  • Battle for air freight capacity heats up as investment for freighters eases
  • Asian markets carry Kerry to new profit heights, despite China dip
  • Australia bans Kia Ora for three months
  • Dutch rail freight masterplan in the making
  • Q&A with Uber Freight director Bill Driegert

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Marine Logweb site
MARCH 27, 2018
  • Jeffboat intends to close shipyard on May 14
  • Gladding-Hearn delivers sixth Circle Line sightseeing vessel
  • Two more AHTS vessels added to Hartmann-managed fleet
  • More Karadeniz powerships start work in Africa
  • Diamond S retrofits 30 product tankers with Danelec VDRs
  • LNG fueled 250,000 dwt ore carrier design gets LR approval
  • OSV operators start scrapping more vessels

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Lloyd's Listweb site
MARCH 27, 2018
  • China mulls restoration of coal imports ban
    Vague details regarding the latest restriction create confusion among coal traders and bulker owners Related Stories UK sets up advisory panel for maritime sector Near total decarbonisation rate possible by 2035 China Merchants Energy Shipping aims for higher revenues in 2018
  • UK sets up advisory panel for maritime sector
    Transport minister introduces an expert advisory panel and launches external consultation period Related Stories Near total decarbonisation rate possible by 2035 China Merchants Energy Shipping aims for higher revenues in 2018 Trafigura opts for scrubbers on newbuild tankers
  • Pressure builds for greater legal clarity of judicial ship sales
    The United Nations Commission on International Trade Law will be asked to develop a new legal instrument covering judicial ship... Related Stories Pressure builds for greater legal clarity of ship sales CHART/TABLE: Five things to watch: Product tankers Box spot rates to come under increasing downward pressure
  • Pressure builds for greater legal clarity of ship sales
    The United Nations Commission on International Trade Law will be asked to develop a new legal instrument covering judicial ship... Related Stories CHART/TABLE: Five things to watch: Product tankers Box spot rates to come under increasing downward pressure Spot rates to come under increasing downward pressure
  • Near total decarbonisation rate possible by 2035
    International Transport Forum estimates that shipping can slash its CO2 emissions by up to 95% by 2035 in new report Related Stories China Merchants Energy Shipping aims for higher revenues in 2018 Trafigura opts for scrubbers on newbuild tankers Gener8 withdraws aframaxes and VLCCs from Navig8 pools
  • China Merchants Energy Shipping aims for higher revenues in 2018
    Tanker and bulker giant targets 78% rise in revenue on newbuilding deliveries Related Stories Near total decarbonisation rate possible by 2035 Trafigura opts for scrubbers on newbuild tankers Gener8 withdraws aframaxes and VLCCs from Navig8 pools
  • Trafigura opts for scrubbers on newbuild tankers
    All 32 crude and product tankers being built in South Korea and China will have scrubbers installed, commodities giant says Related Stories Gener8 withdraws aframaxes and VLCCs from Navig8 pools Cosco and Novatek collaborate on Arctic energy transport CSSC appoints new chairman amid hefty shipbuilding losses
  • Gener8 withdraws aframaxes and VLCCs from Navig8 pools
    Withdrawal of six aframaxes and 20 VLCCs will pave the way for the Gener8-Euronav merger Related Stories Cosco and Novatek collaborate on Arctic energy transport CSSC appoints new chairman amid hefty shipbuilding losses COSCO and Novatek collaborates on Arctic energy transport
  • CHART/TABLE: Five things to watch: Product tankers
    Market sentiment in the product tanker spectrum has been firming even as a sustainable earnings recovery still seems months away Related Stories Box spot rates to come under increasing downward pressure Spot rates to come under increasing downward pressure US-China trade battle may help ethanol shipments from Vietnam, Pakistan
  • CSSC appoints new chairman amid hefty shipbuilding losses
    The move came as CSSC is working on its $1.6bn debt-to-equity swap for its listed units and a rumoured merger... Related Stories Cosco and Novatek collaborate on Arctic energy transport COSCO and Novatek collaborates on Arctic energy transport Carriers and forwarders chart a course through troubled waters
  • Cosco and Novatek collaborate on Arctic energy transport
    Energy trade in the Arctic sees increased investment from Beijing Related Stories CSSC appoints new chairman amid hefty shipbuilding losses COSCO and Novatek collaborates on Arctic energy transport Carriers and forwarders chart a course through troubled waters
  • COSCO and Novatek collaborates on Arctic energy transport
    Energy trade in the Arctic sees increase investment from Beijing Related Stories Carriers and forwarders chart a course through troubled waters Smaller boxships return to east-west trades Marinakis dismisses drugs probe as 'fabricated plot'
  • Box spot rates to come under increasing downward pressure
    No let-up in rate erosion as carriers latest capacity injection takes hold Related Stories Spot rates to come under increasing downward pressure US-China trade battle may help ethanol shipments from Vietnam, Pakistan CHART/TABLE: Five things to watch: Crude tankers
  • Spot rates to come under increasing downward pressure
    No let-up in rate erosion as carriers latest capacity injection takes hold Related Stories US-China trade battle may help ethanol shipments from Vietnam, Pakistan CHART/TABLE: Five things to watch: Crude tankers Charter market sentiment stays strong
  • US-China trade battle may help ethanol shipments from Vietnam, Pakistan
    Latest tariffs can reduce tonne mile demands for chemical carriers but corn imports to produce ethanol can open new doors... Related Stories CHART/TABLE: Five things to watch: Crude tankers Charter market sentiment stays strong CHART/TABLE: Five things to watch: Dry bulk shipping
  • Wall St Note | Backstop commitment backfires at Navios subsidiary
    Related Stories Lloyd's List Asia Pacific Awards 2018 open for nominations Swedish owners following car makers to greener solutions Fighting fire with facts
  • Lloyd's List Asia Pacific Awards 2018 open for nominations
    Related Stories Swedish owners following car makers to greener solutions Fighting fire with facts Trump's tariffs pose major threat to shipping demand growth
  • Carriers and forwarders chart a course through troubled waters
    Related Stories Smaller boxships return to east-west trades Marinakis dismisses drugs probe as 'fabricated plot' UK's Maritime and Coastguard Agency charts digital future

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The Journal of Commerceweb site
MARCH 27, 2018
  • Bond rating ensures Alameda Corridor viability as transloads rise
  • Amid Virginia truck protests, port urges patience
  • ELD mandate spurs innovation in US truck tech
  • Shipper alliance: Trade war will hurt global economy
  • Kerry Logistics to focus on Asian cross-border trade
  • Blockchain success in shipping hinges on standardization
  • China-US tariff dispute may fuel Asia-Oceania trade

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TradeWindsweb site
MARCH 27, 2018
  • CSSC sees new chairman step in
    Incumbent chairman moves on from one of the largest shipbuilding conglomerates in the country.
  • New US ethylene dock to boost gas shipping
    Second major ethylene export terminal announced this year augurs well for mid-sized gas segment.
  • Gener8 takes back ships from Navig8 pools
    VLCC owner in midst of completing its acquisition by Euronav pulling tankers from long-time pool manager.
  • SwissMarine pays up for Diana capesize
    Glencore-backed charterer takes another capesize for long-term hire.
  • Trafigura joins rival traders in selecting scrubbers
    Vast tanker orderbook will be fitted with scrubbers, Trafigura has confirmed.
  • OSV scrapping rates jump 153%
    Tidewater tops list of offshore owners stepping up drive to shed old ships.
  • Great Eastern eyes $46m securities sale
    Indian owner plots fundraiser after LPGC buying spree.
  • SEB analyst fires 2020 fuel price warning
    Distillates set to cost at least $450 more than heavy fuel oil when regs kick in.
  • Veteran Stolt-Nielsen finance chief moves upstairs
    Jan Chr. Engelhardtsen joins the board as Gruner-Hegge steps up to become new chief finance officer.
  • MSC drops chartered boxship after MLC ban
    Vega Reederei vessel barred from Australia after under-paying crew.
  • Turkish shipowner denies double suezmax charter deal
    Executives at Gungen Denizcilik say vessels continue to trade spot.
  • VLCC demolition hitting a peak
    After a fast start to 2018, GMS believes some new factors are influencing the market.
  • Bulker and boxship damaged in clash
    Containers also lost as Briese and Delphis ships collide off Denmark.
  • Gulf Marine Services slips to a loss
    UAE OSV owner hit by falling revenue as rates dipped last year.
  • Breakwater and Hayfin buy anchor handler brace
    Deal follows recapitalization of Hartmann Offshore in 2017.
  • Evergreen rebounds into the black
    Fourth quarter turns profitable as revenue rises at container line.
  • ACL to close down Jeffboat yard
    US owner cites vessel over-supply as plant shuts after 180 years.
  • Kyoei Tanker lowers full-year profit forecast
    Shipowner has sliced its projection but profit will still be well up on previous year.
  • Great Eastern adds another LPG carrier
    Indian owner follows up BP VLGC deal with capture of medium-sized ship.
  • LNG orders forecast to reach 50 in 2018
    China's growing dependence on LNG spot markets to drive newbuilding demand, says analyst.
  • Solship Invest delays debt payments
    SolstadFarstad subsidiary wins more time to restructure capital.
  • Far East Shipping orders open-hatch double
    Japanese owner said to have contracted new bulkers at Saiki Heavy.
  • HMM secures financing for VLCC newbuilds
    South Korean owner taps state-backed financial support program for second time in 12 months.
  • Platts to publish low sulfur fuel assessments from 2019
    Agency says initial coverage will be for loadings in Singapore, Fujairah, Houston and Rotterdam.

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American Shipperweb site
MARCH 27, 2018
  • Gulftainer to set up shop at Delaware's Port of Wilmington?
    Gulftainer, the United Arab Emirates-based port management and third-party logistics company that expanded into the United States in 2015 b...
  • GSA: Rising protectionism, red tape threaten global economy
    The Global Shippers' Alliance (GSA) - which represents shippers' organizations from Asia, Europe and the United States - has called on worl...
  • ITC to consider import restrictions for toner cartridges, factory controllers
    The International Trade Commission (ITC) will start separate investigations into whether imports of certain toner cartridges and components...
  • DP World makes major investment in Congo
    The Democratic Republic of Congo (DRC) said it will gain a deep-water port of its own thanks to a deal reached with Dubai-based port termin...
  • COSCO Ports nearly triples earnings in 2017
    COSCO Shipping Ports nearly tripled its earnings in 2017 thanks to increased handling volumes and a one-time benefit from the sale of certa...
  • APL joins Asia-Latin America loop
    Ocean carrier APL, a subsidiary of the CMA CGM Group, will be joining a service between Asia, Mexico and the West Coast of South America. ...
  • U.S. extends 25% truck tariff under KORUS
    South Korea is allowing the U.S. to extend its 25 percent tariff on imports of pickup trucks from the country to 2041, as part of the two c...
  • FTA countries likely not exempt from metal tariffs, expert says
    The "plain reading" of President Donald Trump's proclamations ordering generally global steel and aluminum tariffs indicates that imports f...
  • Teamsters, Standard Forwarding start new contract
    The more than 500 members of the International Brotherhood of Teamsters who are employed with regional less-than-truckload carrier Standard ...

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The Bunker Bulletinweb site
MARCH 27, 2018
  • Crude inches lower after flirting with three-year highs
    Crude futures fell slightly Tuesday on profit-taking ahead of weekly US inventory data, but remain less than $1/b off three-year highs set in late January following this month's rally.
  • External: Praxis Energy Agents S.A
  • INTERVIEW: ExxonMobil sees bunker term contract use increasing in 2020
    "We suggest that our customers find a quality supplier and talk about some term commitments."
  • Wartsila to equip AET's tankers with VOC technology, LNG systems
    Wartsila's VOC recovery system will provide an annual bunker fuel savings of over 3,000 tons per vessel, it said.
  • Iraq could overtake Saudi Arabia as top crude supplier to India
    India, the world's third-largest crude importer, bought 38.9 million mt from Iraq during the first 10 months of fiscal 2017-2018.
  • Vitol sees oil trading volumes slip in 'challenging' year
    The privately-held trader said total crude and oil product volumes fell to 349 million mt, from 351 million mt in 2016.
  • US Gulf Coast April HSHO flips from steep contango to backwardation
    Stronger prompt-cycle differential and a drop in swap prices were behind the change in structure.
  • Shipping's GHG emissions cut hinges on use of CO2 bunkers: ICS
    Governments must also compromise to help shipping achieve CO2 emission reduction targets in line with the Paris Agreement on climate change.
  • FUTURES: Crude stable as markets mull over possible US stock build
    "Markets will be looking out for data from the API later today for some fundamental price direction," Phillip Futures analyst Benjamin Lu said.
  • SUBSCRIBER NOTE: Platts to reflect ISO 2010 in bunker, cargo assessments
    Currently, Platts reflects in its bunker assessments specifications as defined by the ISO in document ISO 8217:2005 (E) - Petroleum products - Fuels (class F) - Specifications of marine fuels.




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