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21 June 2018 The on-line newspaper devoted to the world of transports 23:43 GMT+2




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Sched Netweb site
MAY 31, 2018
  • HMM and Evergreen scrap services in the transatlantic
  • CMA CGM implements 'emergency space surcharge' on Marseille-Tunis trade
  • ONE's first 8,560-TEU magenta box ship deployed on PN2 service
  • DCT Gdansk breaches 9m TEU since launch in 2007
  • Carbon targets for shipping can only be met with 'Zero CO2' fuels
  • China's Suning Logistics completes testing of autonomous heavy-truck
  • Kerry Logistics acquires S African freight forwarder SAS
  • Hiab unveils new light range loader cranes
  • US retaliate with new requirements for Russian cargo carriers in overflight row
  • Los Angeles April cargo traffic up 2pc to 196,000 tonnes
  • China Southern airlifts 17 tonnes of pharma from Amsterdam to Guangzhou

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Exim Indiaweb site
MAY 30, 2018
  • Global economic growth on track to reach its highest level since 2011, says analysis
  • North America East Coast box volumes show modest rise in 2018-Q1
  • ONE's first magenta containership makes successful call at Port of Yantian
  • Worldwide exchange of standard nautical information seen to be a step closer
  • Dachser India expands in Northern Capital Region
  • Despite increasing protectionism, global economic growth looks promising in 2018: FIEO chief
  • Duty-free import entitlements will be restricted to only Customs duty: Govt

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International Transport Journalweb site
MAY 31, 2018
  • Moscow-Kazan high-speed rail project going ahead
  • Fressnapf - automation boosts productivity
  • Mysteries remain about two Malaysian Triple Sevens
  • Rail operator invests in new generation railcars
  • New driver for Ford's commercial vehicle division
  • Mainfreight's results show revenue and ebita gains
  • Swissport builds on blockchain partnerships
  • Intermarine's parent and Zeaborn establish JV
  • ECSA welcomes new directive for port reception facilities
  • Hong Kong - Europe by rail
  • Railinc picks Smemoe for communications
  • Global airfreight markets up again in April
  • Mobile app for easing drivers' workload
  • HMM and Evergreen axing transatlantic services
  • IRU: Historic moment for China-Eurasia trade
  • Dnata handles new Egyptair Cargo service at DWC
  • The new choice: France, a partner for your trade...

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IHS Maritimeweb site
MAY 30, 2018
  • BW LPG could benefit from discounted Dorian vessels
  • Lars Moller jailed for role in OW Bunker's collapse
  • Oldendorff joins Sustainable Shipping Initiative
  • Golden Ocean warns of higher-than-forecast fleet growth as scrap sales slow
  • KDB jumps on green bond bandwagon
  • Mahathir cancels Singapore rail link, renegotiates China project
  • Singapore joins International Association of Lighthouse Authorities council
  • Benelux Overseas sells LPG carrier pair as India scrap prices firm
  • HMM to withdraw from trans-Atlantic route, no tie-up with ZIM
  • No let-up in China's nickel ore imports

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The Loadstarweb site
MAY 30, 2018
  • Box lines make waves on the transatlantic as they cancel services to cut costs
  • Canadian Pacific train operators walk out as deal is reached with signal workers
  • Carriers' new bunker surcharges spark anger among shippers and 3PLs
  • Air freight market holding a steady course, but fuel hikes start to bite
  • US LTL specialist SaaS Transport latest stop on WiseTech Global buying spree
  • Transparency18: a barrage of new hi-tech remedies for transport headaches
  • Change or pay up: UPS aims to modify shipper behaviour
  • JD.com unveils its self-driving 'truck'

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Marine Logweb site
MAY 30, 2018
  • LEG carriers with first ME-GIE engines rack up 10,000 operating hours
  • Austal launches first Guardian class Pacific Patrol Boat
  • GasLog orders 180,000 cu.m LNG carrier at Samsung
  • BMT Nigel Gee and superyacht builder form new naval architect JV
  • De Hoop tug sextet set to go to work in Caspian
  • LDA Service Operation Vessel showcases range of ABB solutions
  • BW LPG makes all share offer to acquire Dorian LPG

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Lloyd's Listweb site
MAY 30, 2018
  • Capesize market needs higher iron ore volumes from Brazil, says Golden Ocean chief
    Brazilian iron ore volumes need to increase significantly from the nation's largest miner, Vale, if it is to meet its...
  • Aussies urge IMO overhaul
    The proposal puts matters of transparency, representation and the role of industry organisations on the table
  • GasLog orders LNG newbuild after clinching second Centrica charter
    New 180,000 cu m vessel is one of three uncommitted newbuildings that may serve seven-year contract for UK charterer
  • NordLB seeking to offload $3bn of non-performing shipping loans
    German regional lender announces reduced profit for first quarter
  • Vietnam to restrict containerised waste imports due to congestion
    Backlogs are affecting port operations and those of shipping lines and their customers
  • Posidonia 2018: Celebrate Greek shipping with in-depth coverage
    Lloyd's List has held a series of debates under the banner The Three Elements of Efficiency - it is a...
  • Former OW Bunker manager jailed for 18 months
    OW Singapore subsidiary manager Lars Moller was handed the prison term for a breach in granting a $125.1m credit to...
  • Betting on bulk... up to a point
    Domination of China may muscle out independent shipping from third nations, Greek shipping stalwart Lou Kollakis warns
  • When less means more
    An extensive reshuffle is taking place in Greek shipping, with the emergence of fewer but larger companies operating bigger fleets
  • Taking control of the 2020 sulphur cap: the owners' view
    Star Bulk, the Tsakos Group and GasLog open up to Lloyd's List about their preparations for the 2020 sulphur cap
  • Golden Ocean pays dividend on continued profit
    Oslo-based dry bulk owner reports first-quarter net profit of $16.7m versus a $17.9m loss a year earlier
  • BW LPG posts losses amid depressed spot rates
    Update: Chief executive Marin Ackermann defends $1.1bn offer to buy Dorian LPG that would create a mega fleet rarely seen...
  • Growing demand for electric vehicles is good news for shipping
    The West Coast South America to Far East trade can look forward to attracting premium freight rates
  • Markets have evolved, says Euroseas' Aristides Pittas
    Offering investors pure shipping plays is the foundation for higher stock valuations, says head of Euroseas
  • Middle East crude exports face losing out in US-China trade tension thaw
    China's imports of crude oil and LNG are poised to grow amid growing domestic demand and diversifying import sources is...
  • GAC signs ONE agency contract for Australia
    Under the agreement, GAC will provide agency and husbandry services for about 210 calls annually
  • Polaris very large ore carrier disabled after engine room fire
    The fire has been extinguished with no injuries reported
  • BW and Dorian tie-up is litmus test for consolidation
    BW LPG has offered 2.05 BW LPG shares for each Dorian share in a deal with $1.1bn enterprise value. The...
  • Safe Bulkers posts higher than expected first-quarter profit
    Owner of 40 bulkers aims to continue deleveraging as revenues climb

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The Journal of Commerceweb site
MAY 30, 2018
  • Roadcheck focus on ELDs to trim US truck capacity further
  • Hapag-Lloyd sets Asia-Europe fuel surcharge, peak season fees
  • CP reaches deal with Teamsters Canada, ending strike
  • Austin, Texas shippers get the most out of limited air cargo service
  • Canada container growth demands more infrastructure, innovation
  • India dockworker union, port deal averts nationwide strike
  • US truckers, shippers frustrated with chassis splits, shortages

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TradeWindsweb site
MAY 30, 2018
  • Safe Bulkers earnings outlook given boost
    Analysts upgrade EPS forecast for Polys Hajioannou-controlled company after it attains higher-than-expected rates.
  • Nordic American confirms suezmax disposals
    Suezmax specialist says it prioritise dividend payments as it has before and 'optimistic views' on tankers.
  • Inchcape fraud case a long-fought battle predating 'Fat Leonard' scandal
    London-listed maritime services company says the settlement does not mean wrongdoing, but lawsuit alleges widespread practice of overbilling
  • Van Oord plants its wind flag in Taiwan for first time
    Shipowner named preferred contractor by Germany's WPD for offshore wind project.
  • Economou readies for Oslo offshore listing
    New entity seeking to raise $175m in equity as part of transaction to buy two Ocean Rig rigs.
  • Buttery mum on reports of bulker buy
    Taylor Maritime tipped to have added a handysize vessel to its fleet.
  • Mermaid to scrap two old barges
    Singaporean offshore vessel operator will offload its 5,309-dwt MTR-1 (built 1978) and a 7,989-dwt MTR-2 (built 1981).
  • BW LPG and Dorian LPG shares shoot up
    Two giant VLGC owners see stocks climb on back of takeover offer.
  • Diana Containerships gets post-panamax pay raise
    New York-listed boxship owner lets out 6,494-teu Rotterdam (built 2008) at higher rate.
  • Grindrod fails in HMM piracy claim
    Charterer loses appeal after bulker master refused to sail to Africa due to security fears.
  • Havila Shipping to sell another PSV
    Norwegian OSV owner continues to offload non-core tonnage.
  • Luck smiles on Norwegian Hull Club
    An absence of large and medium-size claims through the first quarter has led to the Norwegian Hull Club turning in the best underwriting performance for many years. The two key underwriting measures were particularly favourable with the loss ratio just 53%, while the combined ratio was 66%. The loss ratio means that net claims at the Bergen-based mutual ran to little more than half the net premi
  • Topaz sells four laid-up OSVs
    Dubai owner offloads elderly ships as profit stays stable.
  • GasLog newbuilding set for seven-year Centrica deal
    Shipowner clocks up new order at same time as boosting its orderbook.
  • Vitol inks debut VLCC order as first trader to target sector
    Order at Hyundai Heavy comes at a time rates are depressed but prices are rising.
  • Rokke's Akastor takes $75m Odfjell Drilling stake
    Tycoon's OSV company provides financing for rig purchase.
  • Bolero, NR team up on digital bills of lading
    UK and Singapore players say electronic platform offers efficiency savings.
  • Nautilus calls for $50 rise in minimum crew wage
    Union to argue at ILO that time has come for pay hike.
  • ASM tanker runs aground in Canada
    No pollution reported as Chem Norma gets stuck in St Lawrence Seaway.
  • Golden Ocean nets $120m loan as panamax sale confirmed
    Refinancing comes alongside a vessel sale and a second successive quarterly dividend.
  • Nord/LB to take further shipping hits
    German lender warns of more provisions this year; offloads another $580m of loans.
  • Dorian takeover battle could reignite Fredriksen duel
    DNB Markets suggests BW Group could face a familiar adversary as it looks for latest VLGC consolidation move.
  • BW Offshore back in the black
    FPSO owner drives up earnings and revenue in first quarter.
  • Oldendorff Carriers joins Sustainable Shipping Initiative
    German bulker owner latest to back charity aiming for sustainable shipping by 2040.
  • BW LPG falls to loss as spot rates drop
    Singapore VLGC owner reveals red ink for first quarter as it pursues Dorian LPG takeover.
  • Asian liner firms jump on surcharge bandwagon
    Bengal Tiger Line and Samudera say new charges will come into force from Friday.
  • Korean shipbuilding regions to get government support
    Five key areas set to benefit from financial and tax incentives, says minister.

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American Shipperweb site
MAY 30, 2018
  • Executive Moves: CSX and Loadsmart
    CSX Corporation announced Wednesday that James Schwichtenberg has been named vice president and chief safety officer, effective immediately...
  • Ports America names former Chesapeake head CEO
    Ports America Group Inc. has appointed Mark Montgomery as its new president and chief executive officer. A more than 30-year veteran of th...
  • NEWS FLASH: CP strike ends after deal reached with Teamsters
    Canadian Pacific said it reached a tentative four-year agreement with CP conductors and locomotive engineers and a five-year agreement with...
  • Bunker surcharges raise shippers' ire
    Emergency bunker surcharges announced by several leading liner shipping companies in reaction to rising fuel costs have drawn sharp critici...
  • Senate Finance seeks information from shippers on counterfeits
    Senate Finance Committee Chairman Orrin Hatch, R-Utah, and ranking member Ron Wyden, D-Ore., on Wednesday sent letters to shipping companie...
  • Q1 U.S. GDP estimate gets downgrade
    United States gross domestic product - the broadest measure of a nation's overall economic health - grew at an annual rate of 2.2 percent i...
  • AASHTO leader retiring at end of year
    Frederick G. "Bud" Wright, executive director of the American Association of State Highway and Transportation Officials (AASHTO), has annou...
  • Bunker surcharges raise shippers' ire
    Emergency bunker surcharges announced by several leading liner shipping companies in reaction to rising fuel costs have drawn sharp critici...
  • Are shippers getting their fair share?
    The European Shippers Council is asking its members if a fair share of the benefits that container shipping companies gain from participati...

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The Bunker Bulletinweb site
MAY 30, 2018
  • Oil rebound lifts ICE July Brent back over $77/b
    Market recovers from sudden plunge over past three days.
  • Total has 60 days to negotiate Iran sanctions waiver for South Pars: Zanganeh
  • Bunker fuel in stricken Houston ships contains phenolic compounds: VPS
    More than 30 ships tested contained compounds.
  • European bunker volumes to West Africa down on slack buying interest
  • REFINERY NEWS: Lukoil starts bitumen production at Perm refinery
  • Asian fuel oil premiums over Europe touch 7-month high but arb remains shut
  • Europe HSFO market to tighten in June on on-spec bunker issues: traders
  • Istanbul bunkering not seen affected by Bosporus closure Sat: sources
  • FUTURES: Crude falls on concerns over possible OPEC-led output rise
    "Oil offered little to support after being hit down last week on expectations over a ramping up of output from OPEC and co.," IG market strategist said.
  • Distillates from US to Europe in June already at 760,000 mt: Platts cFlow
    The US Gulf Coast diesel market has weakened over the last three weeks.




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