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17 February 2019 The on-line newspaper devoted to the world of transports 20:43 GMT+1

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Sched Netweb site
JANUARY 29, 2018
  • Asia-Europe rate rise 1.8pc to US$907/TEU, up 1.5pc to USWC
  • Cosco takes delivery of first China-made 20,000-TEU mega ship
  • OOCL receives 21,413-TEU newbuild at Korea's Samsung Geoje shipyard
  • OOCL quarterly revenues up 15.4pc on of greater yield per box
  • New APL loop: Qingdao, Shanghai, Ho Chi Minh, Laem Chabang, Manila
  • CMA CGM extends charter period of Global Ship Lease's 8,063-TEUer
  • Long Beach to enact radical rail solution to get trucks off the road
  • US ports hit record transpac volumes in '17 on strong import growth
  • Le Havre's HAROPA forges cooperation link with Strasbourg port
  • Philippine domestic box volume soars 53pc in 2017 to 9.1 million TEU
  • North American rail freight volumes down 3pc mid-January
  • Colgate-Palmolive renews distribution deal with CEVA in Malaysia
  • Debt-heavy HNA faces bond maturities with 20pc yields in 2018
  • Lufthansa Technik tries digital warehousing at Munich Airport
  • AirBridgeCargo sees cargo volumes rise 13pc in 2017 to 700,000 tonnes

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Exim Indiaweb site
JANUARY 28, 2018
  • Bahri boosts VLCC fleet to 42
  • CMA CGM inducts world's biggest containership flying the French flag
  • Discontinuation of Printing of EP copy of the Shipping Bill
  • HMM launches 'ultra-freezer' service
  • Maritime IT investments nearing $ 1 bn
  • Ocean Network Express (ONE) set for operations from April 1
  • Removal of goods from a Customs Station - instructions regarding affixation of one-time-lock, movement of ISO Tank Container from Customs Station to Warehouse under Customs Punch Seal
  • TSA to discontinue operations
  • Amendments to the All Industry Rates of Duty Drawback effective from 25.01.2018
  • Additional Secretary, DIPP visits JNPT
  • JNPCT awarded for maintaining low dwell time
  • KICT emerges as a leading preference for coastal shipping
  • Recommendations made on GST rate changes on services by the 25th GST Council Meeting in New Delhi, dated Jan. 18, 2018

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International Transport Journalweb site
JANUARY 29, 2018
  • Cartel asked to pay up
  • Platooning tests on public roads in Japan
  • Cisco and DB Schenker set up innovation lab
  • Traffic via Suez on the rise?
  • First British client after CSafe's Easa approval
  • SAL joins CEE network
  • Intermarine's new manager in Mexico
  • Timeslot system for Mahle Letrika
  • 112 tank cars for hauling molten sulphur
  • African Union clears Single African Sky
  • Good results for Wallonia's inland navigation sector
  • Geneva and Galápagos airports now carbon neutral
  • Good end of year for road transport
  • New Germany - Italy intermodal offer
  • Strong year 2017 for port of Long Beach
  • New Jaxport COO comes from Miami
  • Splashing out on capacity projects and locomotives

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IHS Maritimeweb site
JANUARY 26, 2018
  • Seafarers abandoned in UAE call for help on social media
  • Mega-container ship fleet set to double in size
  • OOCL revenue surges on rising east-west container demand
  • Japan's 'big three' shipping companies target LNG bunkering
  • January box ship deliveries suggest looming overcapacity
  • Increased tanker scrapping expected through to 2020
  • CSSC-affiliated shipyards to receive USD1.6 billion from government-backed investors
  • Brazil bribery fine pushes Keppel O&M into the red
  • Hyundai HI halts work after fatal accident
  • The Korea Shipping Partnership has 'too many members', official says
  • German ship KG houses sniff out business opportunities

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The Loadstarweb site
JANUARY 26, 2018
  • Lufthansa Cargo buys into US-based online freight services marketplace
  • Longer-term Asia-Europe contracts for ocean freight rates a better deal for carriers
  • Fall in intra-Asia volumes a drag on OOCL figures, but deepsea trade grows
  • David Binks to retire as FedEx Express European president in June
  • Liner conferences reach the end as TSA shuts up shop
  • China unveils plan for 'Polar Silk Road' across the Arctic
  • The five trademarks of agile organisations
  • The secret of the most successful small businesses
  • Flexport opens Hamburg office headed by Janis Bargsten

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Marine Logweb site
JANUARY 26, 2018
  • Arctic shipping: China unveils plans for new Polar Silk Road
  • MOL orders its first LNG fueled tugboat
  • U.S. and Russia propose new Bering Strait two way routes
  • Jackup rig values rise on oil recovery
  • Rolls-Royce bets on autonomous ships with new facility
  • Dellner Group expands through another acquisition
  • VIDEO: U.S., Canada forces battling "drug subs"
  • Damen reels in another fishing trawler order

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Lloyd's Listweb site
JANUARY 26, 2018
  • Strong activity from Brazil boosts panamax rates
    Brazil to Far East seeing heightened activity but excess tonnage may see rates slide for February loadings
  • China faces a challenge proving polar strategy is viable and safe
    As China's foreign policy becomes more assertive, the Belt and Road investment programme has increasingly been used as a geopolitical...
  • Nor-Shipping expands into Denmark
    Opening Oceans Conference in May will focus on shipping investment in the ocean economy
  • DP World consolidates UK management structure
    Musical chairs follows on from strategy that brought a national approach to the business for the first time
  • Daily Briefing
    Euronav's chief executive says company will focus on maximising value from the planned merger with Gener8 and seek to find...
  • Japan's ONE unveils full global network
    As many as 44 separate loops covering South America, intra-Asia, Oceania and Africa trades will set sail from April 1...
  • OOCL posts 15.4% rise in revenue to $5.4bn in 2017
    Fourth quarter saw 6% growth but lifting volume declined 3.3%
  • US and Russia propose new Bering Sea traffic routing system
    The two-way routes are being recommended to help ships avoid hazards and reduce potential for marine casualties and environmental disasters...
  • MPC Group reports double-digit earnings growth
    Move comes after shipping subsidiary secures Oslo Axess listing

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The Journal of Commerceweb site
JANUARY 26, 2018
  • TOTE halts plans for Hawaii expansion, new ships
  • KCS to upgrade two Mexico-US tracks to meet demand
  • Trans-Pac spot rates little-changed on market balance
  • San Diego port begins breakbulk terminal upgrade
  • LB terminal's tech aims to halve truck turn times
  • Mega-ship delivery keeps Asia-Europe capacity on the rise
  • Asia-Europe spot rate edges up before Feb. 1 increases
  • OOCL reaps revenue rewards from 2017 container surge

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TradeWindsweb site
JANUARY 26, 2018
  • Aegean Princess seafarers return home
    Crew was held aboard ship for 17 months over wage dispute, according to International Transport Workers' Federation.
  • Bulk carrier attacked off Nigerian coast
    Men in two speed boats fired upon vessel and then turned away.
  • Nasdaq moves freight futures to US from Oslo
    Switch of listing and clearing services away from Europe comes as new regulations come into effect.
  • Tom Worden linked to Chinese order
    Brokers say German owner has contracted four new general cargoships.
  • S&P takes 'positive' view of Swedish Club
    Ratings agency says insurer continues to log record underwriting returns.
  • UOB takes chunk of Marco Polo Marine
    Singapore bank buys into OSV owner as it completes financial restructuring.
  • Costamare set for growth after latest preferred offering
    With no debt payments due, new capital is likely to be deployed on new vessels, sources say.
  • RightShip CEO awarded Order of Australia
    Warwick Norman recognised for years of service to shipping.
  • OOCL fourth quarter volumes fall 3.3%
    But Hong Kong line posts overall rise of 3.6% for 2017.
  • Samsung raises share sale target to $1.47bn
    Korean shipbuilder increases fundraising drive.
  • HNA Group exits investment in Dorian
    Chinese group has divested its stake in New York-listed VLGC specialist.
  • Jefferies jacks up dry bulk and gas forecasts
    Jefferies has jacked up its dry cargo rate expectations after the market struck the highest level in half a decade at the end of 2017. It has also hiked its forecasts for LNG carriers amid its generally positive view for shipping markets. Primed investors, exit strategies and open kimonos Randy Giveans, Jefferies shipping analyst, says the outlook for the dry cargo market is "clear and bright"
  • Japanese VLCC set to test tanker pricing
    Kyoei Tanker is in the process of selling its oldest VLCC fresh from newbuilding order.
  • CSSC eyes new investment of $1.6bn
    State yard group bringing in China Life and others to boost four plants.
  • Kyoei Tanker orders another VLCC
    Japanese owner back at Namura for fifth big tanker in its orderbook.
  • Polarcus sells out $39m share issue
    OSV player launches subsequent offering as it refinances.
  • MOL orders its first LNG-powered tug
    Meanwhile, NYK, K Line, Chubu Eletric and Toyota Tsusho unveil LNG bunkering initiative.
  • Greenpeace: "Impossible to estimate magnitude of Sanchi"
    Group says China must ensure continued oversight of spill and assess its ecological significance.
  • Noble hopeful of debt restructuring deal
    Talks with creditors said to be "constructive" as shareholders approve sale of kamsarmaxes.

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American Shipperweb site
JANUARY 26, 2018
  • NEWS FLASH: ITC rules against Commerce duties on large aircraft from Canada

    The International Trade Commission (ITC) during a mid-afternoon Friday vote struck down 79.82 percent antidumping duties and 212.39 percent...
  • Commerce zeroes out AD duties on glycine from China for one company
    The U.S. Commerce Department on Friday amended the dumping margin assigned to Baoding Mantong Fine Chemistry Co. Ltd. in the final results ...
  • Commerce to issue no-shipment inquiry to CBP regarding Taiwanese solar product imports
    The Commerce Department has preliminarily determined that 14 companies undergoing an antidumping duty administrative review on solar produc...
  • Next bilateral meeting for KORUS amendments set for next week
    South Korea will host United States trade officials Jan. 31-Feb. 1 for talks on amendments and modifications to the U.S.-Korea Free Trade A...
  • BIS adds 21 people to Entity List
    The Bureau of Industry and Security (BIS) added 21 people under 23 entries to the Entity List, the agency said. BIS is adding four entitie...
  • Trump voices continuing preference for bilaterals, but could he hop into TPP?
    President Donald Trump still favors bilateral trade deals over multilateral ones, but said he'd be open to the United States joining the Tr...
  • Executive Moves: CMA CGM, Port of Stockton and Intermarine
    French ocean carrier the CMA CGM Group has hired Rajesh Krishnamurthy to serve as group senior vice president of IT and transformations, ef...
  • Union Pacific begins construction on $550m rail yard in Texas
    Union Pacific began construction on its new $550 million Brazos Rail Yard in Robertson County, Texas this month, the Class I railway announ...
  • AfA teams up with TIACA
    The Airforwarders Association (AfA) and The International Air Cargo Association (TIACA) are teaming up in an effort to better serve their m...

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The Bunker Bulletinweb site
JANUARY 26, 2018
  • Dubai crude at 3-year high on middle distillate margins, oil complex strength
    Front-month cash Dubai crude assessments touched three-year highs Friday as rising middle distillate margins and bullish momentum in oil markets pushed outright prices higher, traders told S&P Global Platts.
  • Canada's Trans Mountain crude pipeline oversubscribed by 32% in February
    Canada will limit crude oil nominations on its Trans Mountain pipeline system by 32% in February, meaning the line will carry 68% of nominated volumes, the company said Friday.
  • Oil, gas sector sentiment rebounds as prices climb
    Business sentiment in the global oil and gas sector is rebounding, according to a new industry survey, with confidence growing over higher spending as the oil price rally stokes cash flow expectations.
  • ANALYSIS: Dubai crude up 23% on year as oil markets see fruits of rebalancing efforts
    Front-month cash Dubai crude assessments have risen 22.97% year on year amid the latest rally taking over global crude oil markets, with OPEC and non-OPEC producer-led efforts coming to fruition to rebalance global oil markets.
  • Four Japanese companies mull LNG bunkering in the Chubu region
    Japan's Kawasaki Kisen Kaisha, Chubu Electric Power, Toyota Tsusho Corporation and Nippon Yusen Kabushiki Kaisha have begun talks on the commercialization of a new business to supply LNG as a marine fuel to ships in the Chubu region of Japan, they said Friday.
  • Heavy European fuel oil complex leaves traders sending oil east
    An oversupplied Northwest European and Mediterranean high sulfur market has left companies shifting product to a weak Singaporean market, despite unfavorable economics.
  • Durban bunker fuel availability tightens on impending Engen maintenance: sources
    Availability of bunker fuel in the port of Durban, South Africa, is tightening as Engen's nearby refinery has begun preparations for the start of maintenance in February, sources said Friday.
  • Low temperatures, heavy traffic hinder Russian fuel oil exports
    Recent temperature drops across Russia, especially the Far East, and heavy rail traffic are hindering fuel oil exports, according to sources.
  • ARA fuel oil stocks rise 28% on week to 1,048,000 mt: PJK
    Fuel oil stocks at the Amsterdam-Rotterdam-Antwerp hub rose 28% to 1,048,000 mt in the week to Wednesday, data from PJK International showed.
  • DRY BULK: UK Continent Supramax freight ticks down on quiet activity
  • External: Wired Bunkering
  • Russia's SPIMEX, China's SHPGX ink MOU focused on crude oil, derivatives
    The MOU follows news released last week that SPIMEX plans to launch in 2018 a crude oil export futures contract for Russia's key eastbound export blend ESPO.
  • FUTURES: Crude ticks down amid profit-taking
    Cues from Baker Hughes, API and the EIA data being sought.
  • ANALYSIS: Algeria's major strides in 2020 energy independence campaign
    A three-year agreement between Sonatrach and Vitol likely starts in February.

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