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22 February 2019 The on-line newspaper devoted to the world of transports 21:18 GMT+1

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Sched Netweb site
JANUARY 31, 2018
  • Mexican port volume up 12.2pc to 6.37 million TEU in 2017
  • Navios Maritime Containers buys 4,360-TEUer for US$11.5 million
  • Azerbaijani minister: Baku port expansion to start in first quarter
  • North Sea Canal ports see transhipment volumes surge in 2017
  • Leaked Trump infrastructure plan stresses local initiatives
  • US truckers back Trump, ask for new 'Build America' highway fund
  • NYK to enhance crisis response capability with new support tool
  • NYK unit to install wind turbines at Zeebrugge terminal
  • Novorossiysk oil terminal changes its approach to tariffs
  • World air cargo enjoys bumper year though Africa still lags
  • Dutch shippers plead: Ease freighter flight rules at Schiphol
  • SkyBridge Arizona sets up hub with US & Mexico customs on site

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Exim Indiaweb site
JANUARY 30, 2018
  • Arvind Parikh chosen for Padma Bhushan honour
  • CMA CGM creates Ze Box, its first international start-up incubator based in Marseilles
  • Albatross Inland Ports installs one MW Roof Top Solar Power Plant
  • DP World Chennai hosts trade meet for SME exporters of Tamil Nadu
  • Fire fighting system inaugurated at JNPT Hospital
  • JNPT celebrates Republic Day with gaiety & joy
  • AIAI's expectation from Union Budget
  • GST data reveals 50 pc increase in number of indirect taxpayers
  • Eminent speakers & panelists engross CTL & BHP 2018 Conference

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International Transport Journalweb site
JANUARY 31, 2018
  • LATAM Cargo
  • A country seeking air cargo links
  • Looking to Asia
  • Commercial vehicles charged for 33.6 billion km
  • Challenging year for Werner Enterprises
  • Kuehne Foundation entrusted to new hands
  • Australia: Qube Ports goes for new mobile cranes
  • Ethiopian flower export airport linked to Liege
  • New cranes for mega rail terminal in Savannah
  • New partners for Rhenus Italy
  • Streck: Boll hands helm to successor
  • European airports call for drone rulebook
  • Billions earmarked for logistics on Indian subcontinent
  • Australia: Maryborough to Ararat line reopens
  • LTE welcomes ELL's 100th locomotive
  • Bolloré strengthens presence in Scandinavia
  • Hapag Lloyd discovers Kenya and Tanzania
  • Asian airlines register solid increase in 2017
  • Double feature at CAT

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IHS Maritimeweb site
JANUARY 30, 2018
  • COSCO heads for profit on huge subsidies, recovering market
  • Marine insurers must have more than just a healthy balance sheet
  • Dutch maritime group to launch first autonomous vessel by 2019
  • CMA CGM steps up the pressure in digital race
  • Australian ports 'too small' for ever-increasing box ship sizes
  • Box rates restrained on Asia-Europe route
  • India's Mercator announces new CFO
  • GAC opens logistics facility in Sri Lanka
  • Gulf Navigation taps Atlantic Navigation for OSV market entry
  • New cranes bring scant relief for Yemen's Hodeidah port
  • NYK orders LNG carrier for EDF charter
  • HMM to incorporate Vietnamese JV Tan Cang Overland
  • SITC confirms box ship orders from Yangzijiang

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The Loadstarweb site
JANUARY 30, 2018
  • Bolloré Logistics expands in Scandinavia with purchase of Denmark's Global Solutions
  • Air freight rates still looking positive after a strong December
  • Funding must be ring-fenced to keep UK rail freight sector on track
  • New CMA CGM flagship so efficient it can save $20,000 every sailing day
  • Analysis: Hamburg Süd integration makes it a different financial ballgame for Maersk
  • Online retail growth in the UK less than expected last year

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Marine Logweb site
JANUARY 30, 2018
  • VIDEO: Finnlines continues to add capacity
  • American Salvage Association elects new leadership team
  • With Project Resolve ship accepted, Davie pins hopes on icebreakers
  • AI is the next step in increasing safety in ship operations
  • Rolls-Royce reveals more details on SEACOR hybrid vessels

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Lloyd's Listweb site
JANUARY 30, 2018
  • Concordia Maritime looks to tanker earnings recovery
    Update: Chief executive Kim Ullman eyes expansion in the MR and suezmax sectors
  • Bulker newbuilding orders creep up
    But the uptick in orders should not derail the dry bulk recovery, say analysts
  • Drewry sounds rare bearish tone for LNG shipping
    Slippage from last year would weigh on charter rates in 2018, the consultancy predicts
  • Lisbon to host inaugural Portugal Shipping Week
    Series of events to be held on September 17-21
  • Will Washington block Cosco's path to prized US asset?
    Cosco was prevented 20 years ago from developing a container terminal in Long Beach, but is now within grasp of...
  • PNCT capitalises on infrastructure investments
    New Jersey terminal is spending to grow on the back of the Panama Canal expansion and the raising of the...
  • Dorian LPG kills poison pill in win for corporate governance
    Board of directors can no longer unilaterally prevent suitors from building stakes as BW emerges as No 2 shareholder
  • ANE shipping acquires Nordic Tankers' Herning unit
    Nineteen vessels sold to new Norwegian company for undisclosed fee
  • Daily Briefing
    CSET has raised the stakes in its ambition for its tanker business, where large newbuilding orders have been placed and...
  • ICS and BIMCO urge caution over sulphur cap violations
    Associations want to ensure that only companies that knowingly and wilfully use non-compliant fuels for financial gain should be named...
  • CMA CGM launches box tech incubator
    Ze Box to help develop carrier's digital strategy
  • Port of Tyne's Moffat to take over at Maritime UK
    Further changes to promotional body's management structure are expected in coming months
  • The 200-year-old start-up
    As it reaches an impressive milestone, the Sailors' Society continues to support seafarers around the world
  • Sanchi: Get ready for the backlash
    Latest big spill is PR car crash and may result in tougher legislation
  • Japan offers funding for IoT research and green maritime technologies
    The deadline for the application is February 13, with recipients to be finalised by April
  • Cosco Shipping Development expects post-merger profit surge
    Net profit in 2017 is estimated to jump 252% year on year to about $200m
  • Ningbo-Zhoushan Port expects to post $420m net profit for 2017
    Container throughput to reach 26m teu
  • SHI sells disputed offshore facility for around $500m
    Semisubmersible drilling rig is set to be delivered to a European firm by the end of this year
  • Korea's KSS Line stays profitable in the final quarter of 2017
    Company posts $5.8m net profit for the fourth quarter ended December 31 last year

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The Journal of Commerceweb site
JANUARY 30, 2018
  • CMA CGM preps tech incubator, beefs up digital team
  • Nearing $1B valuation, Flexport triples ocean volume
  • Boosted by Beijing subsidy, Cosco expects hefty 2017 profit
  • Truckloads flying, Werner adds capacity, eyes higher rates
  • Beaumont port expands for heavy-lift projects, flexibility
  • Waste exporters need 5 million TEU in demand after China ban

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TradeWindsweb site
JANUARY 30, 2018
  • NWS pushes more cargo in 2017
    Sister company Volga Shipping saw upswings in domestic and export shipping activities.
  • BW Group quick off mark after Dorian drops poison pill
    Singaporean giant now sitting on $60m slice of New York-listed owner after path cleared.
  • USCG pledges more class society oversight
    Hearing on El Faro casualty focuses on role of US Coast Guard's outsourced inspection programme.
  • MPC Containerships acquires two vessels
    Oslo-based owner will buy two 2,800-teu boxships for $21.8m total.
  • Dorian's Lycouris concerned on VLGC orders
    But executive at VLGC owner sees upside as older vessels leave fleet and cargo volumes grow.
  • Rand Logistics files Chapter 11 owing $260m to 600 creditors
    New owner American Industrial Partners comes up with restructuring plan for New Jersey-based company.
  • Genco chief executive eyes panamax exit door
    New York owner will eventually sell out of its oldest vessel class, Wobensmith tells Florida investor conference.
  • Product tankers on a stairway to heaven?
    Kim Ullman believes the stars are aligned for the market if orders do not flow in.
  • CMA CGM aims to think inside 'Ze Box'
    Marseilles-based containership company says new initiative is part of company's ongoing digital efforts.
  • Finnlines buys ro-pax from parent Grimaldi
    Finnish owner adds Europalink in response to growing volumes.
  • Scorpio Bulkers sums show continued dry cargo progress
    New York-listed owner presents plenty of plus factors in bulker recovery story.
  • CSSC faces delisting warning over loss
    Chinese state shipbuilder facing two years of red ink; 2017 forecast for deficit of $395m.
  • Ullman sees second half turn-around for product tankers
    Demand expected to pick up from the summer with MR fleet growth slowing.
  • Viking Cruises lines up $950m bond sale
    Torstein Hagen company wants to buy back cruiseship with new funds.
  • SEA\LNG unveils new LNG bunkering tool
    Group promoting the uptake of LNG anticipates that up to 30 LNG bunker vessels could be in operation by 2023
  • Liberty cashes in piece of Royal Caribbean Cruises
    Chief financial officer has divested some of his holding in the company.
  • Norwegian anchor-handler rates double
    Charterers have just one spot vessel available after Aker BP takes trio.
  • Fincantieri 'to close STX France deal'
    Italian yard said to be days away from sealing French takeover.
  • Cosco Shipping to bounce back with $426m profit
    Chinese group's containership unit boosted by 2017 market upturn.
  • Axel Eitzen leads swoop for Herning Shipping
    Largest step to date on comeback trail sees shipowner head takeover of Danish firm.
  • Shell sees 2018 as key year for LNG fuelling
    Major is actively working with 10-15 ports worldwide to introduce LNG bunkering
  • ICG books $17m profit from ferry sale
    Jonathan Swift heading to Spain after Irish owner agrees disposal.
  • Navios Maritime Containers closing on $103m refinancing
    Discussions come with owner talking up further growth after explosive start to life on OTC.
  • Kasuga linked to Saiki bulker resale
    Japanese owner said to have snapped up vessel due from yard this year.
  • Sheriff dies during vessel arrest
    South African deputy falls from ladder as he tries to execute court warrant.
  • Soechi Lines raises $200m in bond sale
    Fitch Ratings backs Indonesian tanker owner's move with B+ rating.
  • Noble agrees workout with creditor group
    Deal will see debt for equity swap, with existing shareholders diluted to just 10% of equity.
  • Navig8 boosted by LR2 and aframax additions
    Major pool operator sees more tankers added from Italian and South Korean principals.
  • NYK confirms long-term EDF LNGC charter
    Newbuild could be employed for up to 20 years under deal between Japanese and French firms.
  • Ultra Deep Solution fixes out Andy Warhol
    Singapore-based offshore vessel operator secures second five-year charter in as many months.

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American Shipperweb site
JANUARY 30, 2018
  • Executive Moves: Tiger Cool Express, FedEx, DACHSER and Smith Transport
    Source: Pressmaster/Shutterstock Tiger Cool Express appoints chief commercial officer and executive vice president of operations, FedEx name...
  • NAFTA members 'finally' discuss core issues, Lighthizer says
    U.S. Trade Representative Robert Lighthizer on Monday said members of the North American Free Trade Agreement (NAFTA) "finally" started to ...
  • CBP's modernization of port of entry revenue collection
    U.S. Customs and Border Protection wants to "slash the cash" that's collected at the country's ports of entry by making it efficient and ea...
  • Werner profits skyrocket in 2017 on U.S. tax reform
    Werner Enterprises, Inc.saw its profits skyrocket in 2017 thanks in large part to recent tax reform legislation in the United States. The ...
  • Port of Barcelona sets cargo volume records in 2017
    The Port of Barcelona set new records for cargo volumes in 2017, the Mediterranean seaport said in a statement translated from the original...
  • North American freight market growth accelerates in December
    The North American freight market showed continued, even accelerating growth in December 2017, and could be poised to reach further record ...
  • MSC slashes transit times on Europe-U.S. East Coast trade
    Mediterranean Shipping Co. (MSC) is implementing faster transit times on two services between continental Europe and U.S. East Coast ports,...
  • Thousands of U.S. bridges over troubled water
    The United States has 612,677 bridges, but 54,259 of them are rated "structurally deficient," meaning they pose a risk to the millions of d...
  • CMA CGM launches international startup incubator
    The CMA CGM Group has launched its first international startup incubator, Ze Box, which is based in Marseille, the French shipping company ...

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The Bunker Bulletinweb site
JANUARY 30, 2018
  • Oil futures fall as US stock market dives
    NYMEX March crude fell $1.06 to $64.50/b Tuesday as oil futures weakened alongside US equities for the second straight day.
  • CHINA DATA: Dec residual fuel imports rise 11% on month to 7-month high of 1.71 mil mt
    China's imports of residual fuel comprising fuel oil and petroleum bitumen blend rose 10.7% on the month to a seven-month high of 1.71 million mt in December.
  • External: Wired Bunkering
  • Port of Rotterdam expects to have 7 licensed LNG bunker barges by 2020
    As many as seven LNG bunker barges will be licensed to operate at the port of Rotterdam by 2020.
  • Singapore, Fujairah bunker prices at multi-year highs on rising crude, demand
    Singapore, Fujairah bunker prices are at highs not seen seen late 2014 and mid-2015.
  • FUTURES: Crude trades lower amid profit-taking
    "Crude oil prices fell as investors braced for the upcoming refinery maintenance season amid a stronger USD," ANZ Bank said in a report.

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