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24 October 2018 The on-line newspaper devoted to the world of transports 04:33 GMT+2




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Sched Netweb site
MARCH 29, 2018
  • Stake sale sends Cosco Ports profit soaring 183.2pc to US$$512.5 million
  • Kerry Logistics profit up 14pc to US$65.1 million, as revenue soars 28pc
  • Yang Ming back in black with US$10.78 million profit after $511 million loss
  • UN, especially EU, must scale back CO2 dreams or lose consensus: ICS
  • EPA plans to cast a forensic eye on environmental science claims
  • CMA CGM hikes Asia-North Europe rates, but cancels Kuwait surcharge
  • APL expands Asia-Latin America run with Mexico, S America, China loop
  • HAFFA chairman warns forwarders of hurdles facing logistics sector
  • Blue Water lands logistics contract for Liza project off Guyana coastline
  • EU approves IBM-Maersk commercialising blockchain digitalisation
  • DHL targets e-commerce with same-day next day delivery service
  • Deadline looms for lifeboat hook replacements to comply with UN rules
  • Port of Rotterdam invests in port railway line capacity expansion
  • Boeing delivers world's first 787-10 'stretch' to Singapore Airlines
  • Cathay and va-Q-tec signs rental agreement to move life-saving drugs
  • US Congress unanimously passes Air Cargo Security Improvement Act

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International Transport Journalweb site
MARCH 29, 2018
  • Moldova embraces digital transport with e-CMR
  • Steaming back into the profit zone
  • Footwear manufacturer relies on PSI
  • Remote trailer diagnosis on offer in Germany
  • Iran Air postpones two flights to Europe
  • Asia remains bright spot for Kerry
  • Paris airport nominates senior cargo manager
  • SAL Heavy Lift to begin regular services in Africa
  • Ukrainian Airlines enhances fleet again
  • CP to serve transload terminal in North Dakota
  • Geodis rolls out new online portal
  • HHLA acquires Transiidikeskuse in Estonia
  • Barig welcomes WDL Aviation as new member
  • Gulf Air adds capacity to East Africa
  • Cabooter launches new rail connections

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IHS Maritimeweb site
MARCH 28, 2018
  • Hapag-Lloyd reports USD39.5 million net profit for 2017
  • UK government enlists expert team to form shipping strategy
  • Japan funds Alang shipbreaking yards' safety makeover
  • Shipbuilding activity picks up in early 2018
  • Fincantieri improves profit on record turnover
  • Heung-A, Sinokor to negotiate merger of container businesses
  • Tanker scrap prices correct as Pakistani reopening delayed
  • Qatar Gas unit seeks arbitration with Hyundai HI
  • NYK Line to pay lost tax after embezzlement probe
  • An abstract design of a terminal display, warning about a cyber attack

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The Loadstarweb site
MARCH 28, 2018
  • Charter market capacity crunch will put a dent in carrier profitability
  • SF Express beats competition to win first drone operator licence in China
  • Trade wars could return us to the days of the Depression, governments warned
  • Logistics operators will struggle to keep UK trading after Brexit, Whitehall warned
  • PSA to sell last of its stake in logistics arm Gefco
  • Shipping seen as the softest of hacker targets
  • How Shyp sank: rise and fall of an on-demand start-up

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Marine Logweb site
MARCH 28, 2018
  • TOTE President and CEO Anthony Chiarello to retire
  • VIDEO: Report says shipping could be decarbonized by 2035
  • Deepwater Wind to build turbine bases, crew boats in Massachusetts
  • CIMC Sinopacific completes first LEG carriers in five ship series
  • Lake Assault fireboat protects homes around Lake Tahoe
  • Sembcorp Marine books TechnipFMC FPSO contract

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Lloyd's Listweb site
MARCH 28, 2018
  • Survey reveals pros and cons of connectivity at sea
    A survey of 6,000 seafarers has reflected wider experience that millennials are more comfortable with new technology than older colleagues...
  • Alpha Gas orders LNG carriers at DSME
    Two newbuildings for Greek owner follow hard on the heels of debut double order by compatriot Minerva Marine
  • Best in class announced for 2018 Lloyd's List Americas Awards
    Lloyd's List Americas Awards recognise shipping and logistics companies, ports, environmental initiatives, training and innovation across the Americas
  • Greek shipowners back 'ambitious but workable' emissions plan
    Largest national shipowning association raps recent non-governmental organisation report as 'blatant sensationalism'
  • Habben Jansen expands role at Hapag-Lloyd as line reverses losses
    UASC volumes help lift revenues by a third
  • Container demand ramps up with strengthened box price
    Hong Kong-listed Singamas returns to the black with a $41.5m net profit in 2017
  • Shippers urge caution over trade war threats
    Alliance calls on world leaders to solve disputes on import tariffs and work on cutting red tape in international trade
  • Five things to watch: LNG shipping
    US exports and Chinese imports are driving up tonne-mile demand, boosting earnings outlook despite high fleet growth
  • Aegean terminates controversial deal to buy HEC
    New York-listed bunker supplier lets deadline to obtain approvals for the deal lapse
  • Extension of US east and Gulf coast labour contract moves closer
    Port employers and union representatives make significant strides on agreeing terms over new six-year labour contract up for renewal in...
  • Nova and Sunoco to develop US Gulf coast ethylene export terminal
    New terminal to begin operations in mid-2020
  • Korea's Heung-A and Sinokor to consolidate container shipping businesses
    Two companies expect to complete the consolidation by the end of next year
  • BRS president warns of major challenges for shipping market
    BRS president Jones addresses a number of issues facing the shipping industry including the complicated energy sector, with the liquefied...
  • Fincantieri pre-tax earnings almost double on cruiseship demand
    Chief executive Giuseppe Bono confirmed the company's state of good health
  • Noble's restructuring on track despite missing payment
    Asia Pacific Hong Kong Singapore
  • China mulls restoration of coal imports ban
    Vague details regarding the latest restriction create confusion among coal traders and bulker owners

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The Journal of Commerceweb site
MARCH 28, 2018
  • Freight, asset 'imbalance' squeeze air cargo capacity
  • TOTE CEO Chiarello to retire
  • More double-brokering ups threat to US truck shippers
  • Eurogate's 2017 Hamburg volume hurt by alliance losses, Hanjin
  • India sets stakeholder deadline for digital, central portal
  • Ukraine heavy-lift operator Antonov excels at solo job flights
  • Santos' Contrail slashes container transit times

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TradeWindsweb site
MARCH 28, 2018
  • LOOP loads US export cargo on Navios VLCC
    Second cargo heads out of main US crude oil import point as US crude exports remain elevated.
  • Gener8 VLCCs put TI Pool atop fleet list
    Pending additions push Tankers International past ranks of massive state-owned fleets.
  • MPC Container Ships says feeder prices still attractive
    Oslo-listed company planning to add to the more than 50 ships already in its hands.
  • Thorsten Haeser quits Hapag-Lloyd post
    Key figure in container line's digital effort has left for pastures new.
  • Laskaridis chides class societies in CO2 debate
    Classification societies sit on the fence and don't do enough to dampen politicians' 'unrealistic' emission cut targets, owner says
  • Vitol storing fuel off Singapore again
    Trader takes LRs to hold petrol in contango market.
  • Navig8 doubles product tanker tally in China
    UK headquartered group now understood to have eight MRs in its orderbook.
  • Sinokor and Heung-A merging boxship operations
    Liner players combining to create fleet of nearly 100,000 teu.
  • Hapag-Lloyd hands out EUR 100m dividend
    Payout comes as German container line rings up profit buoyed by UASC merger.
  • Liberty House offers $798m for ABG
    Cash would be pumped into Indian yard over 10 years by UK steel group.
  • Wan Hai Lines increases earnings
    Taiwanese container line boosted by rising revenue in fourth quarter.
  • Densay buys supramax as it eyes lucrative asset play
    Turkish shipowner is snapping up a Japanese bulker at the same time as looking to sell another ship.
  • DS Tankers suezmax heading to breakers
    German owner has scrapped its second tanker in quick succession, brokers say.
  • Nordic Shipholding dips into the red in 2017
    Danish tanker owner expects further red ink this year in tricky tanker market.
  • Hyundai Glovis grows as part of group overhaul
    Expansion of car carrier owner leads to spike in shares of Wilhelmsen firm Treasure ASA.
  • Greek shipping union hits back on emissions
    UGS dismisses criticism of country's commitment and backs IMO targets.
  • Fincantieri profit fires with firm targets set for 2022
    Italian shipbuilder sees 2017 bottom line shoot up with further progress in its sights.
  • Two more shipping partners for HFW
    Global law firm promotes Alex Kemp in London and Simon Shaddick in Melbourne.
  • Marinakis says Greek supreme court has exonerated him
    Top Greek judges have fully cleared him over football-related charges, owner says
  • Topaz falls to loss but says worst is over
    Middle East owner looking to capitalise on increasing oil major project commissions.
  • Latvian takes on another Sargeant tanker
    Vitol-owned company to manage second bitumen vessel for sister operation.
  • Vitol vessel journeys on the rise
    Trader and owner busier in challenging 2017, but oil volumes dip.
  • Noble secures more backing for restructuring
    ING latest creditor to throw its weight behind efforts to revive struggling commodities trader.
  • Unisea inks aframaxes at Samsung
    Greek owner returns to Korean yard for up to four tankers.
  • Aegean's controversial HEC deal terminated
    $367m takeover of Melissanidis company runs out of time after legal battles.
  • US LNG exports quadrupled in 2017
    Over one third of exports head to Asia with China and South Korea the top destinations.
  • Sembcorp Marine scoops Karish field FPSO
    But lack of detail over contract order value makes profitability of project hard to determine.
  • Apeejay Shipping snaps up third panamax bulker
    Indian shipowner continues acquisition spree in anticipation of improving markets.
  • Sentosa Ship Brokers off and running
    New tanker shop says that while local market seems overbroked, quality is sadly often lacking.

news on subscription
American Shipperweb site
MARCH 28, 2018
  • ICS seeks compromise on CO2 strategy
    The International Chamber of Shipping (ICS) said governments must compromise to help the United Nations' International Maritime Organizatio...
  • AIIS: U.S. steel imports 'plummet' in February
    Imports of steel to the United States dropped off considerably in February, both on a sequential and year-over-year basis, according to the...
  • Canada to intensify trade remedy regulations
    Canada is implementing regulatory changes anticipated to neutralize the impacts of steel and aluminum trans-shipment and other unfair forei...
  • Commentary: Container rate decline just 'normal seasonality'?
    Over the last few weeks, we've been keeping a close eye on the precipitous decline in container freight rates in both the spot and contract...
  • State Dept. designates global terrorist
    The State Department added Katibat al-Imam al-Bukhari and nine associated aliases to its list of Specially Designated Global Terrorists. T...
  • Delta, Air France/KLM share Seattle warehouse
    The cargo divisions of Delta Air Lines and partner Air France/KLM have placed their cargo operations into a single warehouse at the Seattle-...
  • Updated KORUS includes new customs, currency and pharma text
    In addition to new automotive provisions, amendments in principle recently reached between the United States and South Korea for their bila...
  • Hapag-Lloyd's future looks bright after strong 2017
    German ocean carrier Hapag-Lloyd expects cost synergies resulting from its merger with United Arab Shipping Co. (UASC) last May will result...
  • Commerce ups U.S. Q4 2017 GDP growth estimate
    United States gross domestic product (GDP) - the broadest measure of a nation's overall economic health - grew at an annual rate of 2.9 per...

news on subscription
The Bunker Bulletinweb site
MARCH 28, 2018
  • Oil weakens after EIA data shows crude build, more output
    NYMEX May crude settled 87 cents lower on bearish news.
  • Nearly all US operators profitable at current oil prices: Dallas Fed
  • VLCC loadings not on Port Houston radar
    High costs preventing channel development for larger ships.
  • Monaco's Dan-Bunkering files claim in Singapore court against vessel owner
    Dan-Bunkering (Monaco) is claiming a total of $328,350.67 for unpaid bunker fuel and lubricants supplied to the tanker.
  • India's 2018 bunker sales likely to be steady as GST woes continue: industry sources
    Infrastructure, MGO supply likely to attract shippers to make bunker calls moving forward.
  • Global LNG market avoids 'glut,' now supply crunch nears: HSBC
    HSBC said it expects global LNG demand to grow at 4.5%/year, translating into demand growth of 50% by 2025.
  • FUTURES: Crude lower as focus shifts to US inventory report
    "A fresh focus by the US administration upon the tech sector induced turmoil for prices and invited back volatility," IG market strategist Pan Jingyi said.




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