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24 September 2019 The on-line newspaper devoted to the world of transports 11:43 GMT+2




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Sched Netweb site
SEPTEMBER 6, 2019
  • Muted growth in global box ship fleet's capacity in August
  • CMA CGM's new peak season surcharges to Apapa and Tin Can
  • China investigates illegal knives sent to Hong Kong via FedEx
  • Cosco plans to invest US$877.5 million to upgrade Piraeus port
  • Three economist teams see China with less than 6pc GDP growth
  • Maersk, MSC blanks AE2 Asia-Europe from October to mid-November
  • Much talk abounds of South Korea's two major shipbuilders merging
  • New York-New Jersey port docks 14,000-TEUer from Asia via Suez
  • NYK concludes long-term charter deal with Total for LNG carriers
  • Now 1,100-foot ships need permission to enter Port of Houston
  • Black Sea Container market volume up 8.52pc in first half of 2019
  • Panel to meet to discuss ways to optimise port calls to cut pollution
  • The Freight Summit (TFS) returns to Macau on October 8-11
  • Swire Coke chief Patrick Healy named Cathay Pacific chairman
  • China continues pressure, probes Cathay's empty oxygen bottles
  • Amsterdam Schiphol's H1 cargo drops 9.2pc amid slot shortage
  • Pakistani hosiery shippers seek to protect exports from monsoon

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Exim Indiaweb site
SEPTEMBER 5, 2019
  • GAC wins Best Ship Agency award for second consecutive year
  • Montane Shipping wins Integrated Achiever's Award at 10th National Education & Business Summit
  • ZIM customers to participate in planning & designing its digital tools
  • CCBA President & other office-bearers meet FM; hand over a memorandum
  • Mansukh Mandaviya inaugurates Emergency Towing Vessel at Mumbai Port
  • NMPT awards post-monsoon dredging contract to DCI; work begins mid-Sept.
  • PSA International completes acquisition of Penn Terminals in US
  • CMA CGM Logistics Park Dadri commences dedicated block train services from ICD Dadri to Mundra
  • Minister calls for customising global learnings & technologies to meet the needs of India's roads & highways sector
  • Cabinet approves infusion of capital by govt in IDBI Bank
  • Export of non-oil goods from Chabahar Port up 100 pc
  • Trade talks with the US in Oct. in Washington, says Chinese Commerce Ministry
  • US President prods China into concluding a trade deal before the 2020 Presidential election

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International Transport Journalweb site
SEPTEMBER 6, 2019
  • Gefco takes charge
  • More cash - and simultaneously less debt
  • Better links between sea ports and hinterland networks
  • Bolloré inaugurates Aerohub in Abidjan
  • Gian Paolo Gotelli appointed new CEO of TX Logistik
  • New jetty to reduce number of trucks
  • Massive track investment in UK
  • SF Airlines expands its international network
  • Gruber Logistics opens branch in Poland
  • TK'Blue expands in Australia, New Zealand and Singapore
  • Switzerland: trend towards customised solutions continues
  • Europe is too big
  • United Cargo returns to India
  • Turnover rises while core net profit drops
  • Trade tensions weigh heavily on air freight business
  • 2000th employee for Seifert
  • Laurels for OPC as a working place
  • Work in progress on the Avon - Kwinana gold rail line
  • "Curiosity of the Day"

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The Loadstarweb site
SEPTEMBER 5, 2019
  • Some respite for operators as EU extends transport links after Brexit
  • Maersk hedges against shortage of low-sulphur fuel by producing its own
  • Korean Air eyes new routes as a second trade war starts in Asia
  • Russian Railways eyes shorter transit times between Japan and Europe
  • Analysis: is Azul's fleet sufficient for Mercado Libre's growth?
  • Air cargo volumes remain weak, trade tensions dent outlook
  • US to leave postal union next month
  • More funds for UK post-Brexit customs training, but it's not enough, says BIFA
  • M&A radar: Hapag-Lloyd takeover - CSAV and Mr Kühne fighting for control or in concert?

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Marine Logweb site
SEPTEMBER 5, 2019
  • MacGregor system helps world's biggest box ship max its TEU capacity
    A MacGregor designed cargo system design, combined with a 24 container wide ship design, takes the total container capacity of the world's largest containership, MSC Güls'n to 23,756 TEU, which is 1,500
  • Euronav reveals details of IMO 2020 strategy
    When the IMO 2020 global fuel sulfur cap kicks in on January 1, 2020, tanker giant Euronav NV (NYSE: EURN) should have no trouble obtaining compliant fuel. It already has 420,000 metric
  • Schottel delivers propulsion units for BC Ferries battery hybrids
    Spay, Germany, headquartered Schottel has delivered propulsion units for two 81 meter road ferries under construction at Damen Shipyards Galati, Romania, for Canada's BC Ferries. Each will be equipped with two high-efficiency
  • Forty year old ferry back at work following four-month refit
    Gladding-Hearn Shipbuilding, Somerset, Mass., has just completed a four-month refit of the Cormorant, a ferry that it delivered in 1979. Since then, the vessel has logged thousands of miles under its keel
  • U.S. Treasury moves against Iranian controlled shipping network
    The U.S.Department of the Treasury's Office of Foreign Assets Control (OFAC) has taken action against a large shipping network that, it says, "is directed by and financially supports the Islamic Revolutionary Guard

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Lloyd's Listweb site
SEPTEMBER 5, 2019
  • ExxonMobil agrees strategic co-operation with China Merchants Energy Shipping
    The companies said the deal will allow them to undertake joint projects in fields including digital transformation, advanced engines, lubricants...
  • IACS head sees alternative fuel as solution to decarbonisation goal
    Mr Sharma, who assumed the role on July 1, says shipowners will need to make necessary investments by the middle...
  • Maersk agrees Dutch deal for 2020 fuel
    The production is expected to cover 5%-10% of Maersk's annual fuel needs
  • Petredec orders up to four ethylene carriers
    Owner orders two 22,000 cu m vessels from Jiangnan Shipyard with options for another two newbuilds
  • Viewpoint: A maritime spectacular
    Shipping weeks provide huge amount of information, whether you are seeking commercial, legal or technical knowledge ensuring you leave better informed
  • Monjasa carries out ship-to-ship bunkering of VLSFO
    Monjasa uses product tanker off Portland Port to fuel British-flagged ro-ro vessel
  • The Lloyd's List Podcast: Your insider's guide to London International Shipping Week
    Paddy Rodgers, the former Euronav chief executive and current director of Royal Museums Greenwich, looks ahead to the London International...
  • Maersk's rail offering shows global strategy firmly on track
    Maersk plans to more than double its share of the transcontinental rail market between Asia and Europe
  • Oldendorff says bulk carrier disabled in Singapore Strait
    The capesize vessel was en route to Qingdao from Guaiba Island terminal in Brazil when the incident took place and...
  • Clipper Bulk adds handysizes to fleet
    Copenhagen-based company says the 2010-built vessels are expected to be delivered in the coming months
  • Euronav secures funding for 2020-compliant fuel oil purchase
    The company bought 420,000 tonnes of very-low sulphur fuel oil and marine gas oil and will store them on one...
  • Stena Impero owner says some crew freed by Iran
    Swedish firm says the seven seafarers are travelling to a safe location but 16 remaining crew members are still held...
  • Samsung Heavy and Zvezda team up to build Arctic-2 LNG carriers
    Deal comes after the $21bn Arctic LNG-2 plant led by Russian private gas producer Novatek gained its final investment decision...
  • Daily Briefing
    Free to read: Iran to release seven Stena Impero crew | Maersk vessel at centre of UK's biggest heroin seizure...
  • Portsmouth hails wider UK economic impact
    Study shows that UK port's economic benefits go far beyond the port gates
  • Concerns grow along Atlantic seaboard as Hurricane Dorian crawls northwards
    'Life-threatening storm surge and dangerous winds are expected along portions of the coasts of Georgia, South Carolina and North Carolina...
  • Total readies for six month low-sulphur transition
    Total wants to maintain 'flexibility' either sourcing directly from its refineries or blending heavy fuel oil and distillates to help...
  • Maersk cyber attack sparked genesis of Digital Container Shipping Association
    Exposure of the "insanely complex" nature of IT systems drove move towards industry standards
  • Yangzijiang secures more Bocomm Leasing-linked VLOC orders
    Singapore-listed company has issued 17 share buybacks since mid-August, after the chairman Ren Yuanlin was confirmed to be assisting in...

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The Journal of Commerceweb site
SEPTEMBER 5, 2019
  • Prince Rupert gets C$154 million in project funds
  • Manzanillo terminal upgrades on tap for 2020
  • Carolinas, Virginia bracing for Dorian
  • Index to help shippers counter poor schedule reliability
  • California bill set to reshape drayage landscape
  • New funding to expand Loadsmart's drayage platform
  • Temasek, K+N widen logistics investment pool
  • Maersk secures IMO 2020 fuel at Rotterdam

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TradeWindsweb site
SEPTEMBER 5, 2019
  • Renewed trade talks push shipping stocks up
    Good news on the trade war front bumped up shipping stocks Thursday. After the US and China announced they would hold trade talks in early October, most New York-listed shipping companies closed the day up. Bet on 2020 being 'best year in a half decade' but no supercycle China's tariff on US crude may prompt VLCC diversions Among the top performers were Scorpio Tankers, Matson and Kirby Corp.
  • US offering $15m for information on Iranian oil schemes
    The "unprecedented" plan could pay up to $15m for information on Iranian military activities
  • Seamaster recruits ex-Baltic Exchange veteran Marcus Lee
    Singapore-based executive lands top job at expanding Chinese shipbroker
  • Scrubbers, eco tonnage still good investments despite weak bunker prices, says Alphatanker
    Overall fuel costs and the price spreads between compliant fuels and HSFO are still expected to jump on IMO 2020
  • Veteran NYK museum ship switches to renewable power
    A 90-year-old NYK museum ship is moving with the times in a switch to renewable power. The Hikawa Maru (built 1930) is moored in front of Yamashita Park in Yokohama. The Japanese shipowner said it is now being powered by electricity sourced from renewable energy, mainly generated by the Hibaritaira Wind Power Plant. "This power plant is covered by Japan's Feed-in Tariff Scheme for Renewable Ene
  • Mexico's Empresas Nieto turns shipowner via Hyundai order
    Enquiry for midsize LPG newbuildings is increasing as market strengthens
  • Maersk secures more low-sulphur fuel in Dutch deal
    Danish shipping giant moves for further IMO 2020-compliant bunker supplies in Rotterdam
  • Monjasa completes first LSFO ship-to-ship transfer
    Danish bunker group supplies first low-sulphur fuel after "years of preparation."
  • Petredec signs up with Jiangnan for ethylene quartet
    Trader-owner says order is a sign of its "strong belief" in growing petrochemical market
  • Frangou family's Maritime Enterprises offers cape for sale
    A company linked to Greece's Frangou family interests is seeking to take advantage of a red-hot bulker market to offload a 19-year-old capesize vessel. Maritime Enterprises Management has put the 170,800-dwt Hope I (built 2000) - its biggest and oldest ship - up for sale, brokers said. Maritime Enterprises is a successor to Franser Shipping, the first company vehicle established by Angeliki Fran
  • Epic Gas strikes double leaseback deal
    Singapore owner seals agreement with Japanese company for 2010-built ships to complete refinancing.
  • Thenamaris expands gas carrier orderbook with LPG newbuilds
    Major Greek owner said to have booked 38,000-cbm double at Hyundai Mipo Dockyard
  • Doris Maritime Services to exit shipowning as CDB bulks up
    Nicholas Wirth has undisclosed new investment targets after fleet sale to a growing Chinese player
  • Elenger muscling in on Baltic LNG bunkering
    Estonian-owned group steps up supply operations in deal with UECC
  • Bryn Skaugen to exit shipping with stake sale in Massoel venture
    Family company B Skaugen exits joint venture with Switzerland's Massoel
  • OSVs maintain rate recovery as ships redeploy
    Seabrokers says anchor-handler numbers were at highest levels so far this year in August.
  • DAL/JTE outsources fleets to Hanseatic Unity and Blue Net
    Three bulkers go to Hanseatic Unity Handysize Pool, and three boxships go to Blue Net Chartering
  • SCI tanker sold for recycling in subcontinent
    Ankleshwar to be torched after suezmax scrapping hiatus
  • Novatek moves forward with LNG bunkering plan for Rostock
    A small-scale LNG carrier and bunker vessel are needed for a new supply project from the Cryogas-Vysotsk plant to northern Germany
  • Russian leasing company plots 100 newbuilds to 2031
    State-owned STLC plots new cargoships, ferries and dredgers.
  • Stena Bulk says seven crew released in Iran
    Swedish owner confirms seafarers are travelling to safe location to meet families.
  • TMS Cardiff Gas closes in on its next LNG carrier newbuilding
    Greek owner set to inch up fleet after fixing its last open new ship to energy major Total
  • Cream of Greek shipping world comes together at Andros Yacht Race
    For a second straight year, gale-force currents posed a steep challenge for participants at the Andros International Yacht Race. The event, which typically has a strong showing from shipowners, clocked up its 52nd edition this week. Named after its founder and legendary owner John Goulandris, who hailed from the Aegean island, the race attracted several big-name shipping companies that sponsored
  • Novatek green-lights Arctic LNG 2 project for 2023 start-up
    Company is teaming with Sovcomflot on 17 ice-breaking LNG carriers that will be built in Russia
  • Skuld sees profits plunge on back of increased pooled claims
    Profits at Skuld haven take a tumble in the first half of this year after an increase in pooled claims. In the first six months of the current 2018/2019 policy year, the Oslo-based protection and indemnity mutual reported a net profit of $2m compared to $14m in the same period in the previous year. Skuld said claims from its own members and increased pool claims under the International Group of
  • Shipowners face off over 'disruption' or 'digital hype'
    Chinese shipowners debated digital disruption in shipping at today's TradeWinds forum in Shanghai
  • Capital Maritime grabs first-mover role on LNG-fuelled VLCCs
    Greek owner signs LOI for $1.5bn order for up to 14 dual-fuel ships as it eyes charter and spot business
  • Chinese lessor Minsheng shifts 'from money to tonnage'
    Growing finance provider says it is moving towards operating more of the ships if finances.
  • Swedish Club earns $17m profit despite rising claims
    Half-year results helped by healthy investment return
  • Mystery cargoship found drifting in mid-Atlantic
    HMS Protector investigates fate of unresponsive vessel.
  • Euronav reveals LSFO stockpile and shift on scrubber stance
    VLCC owner takes on dedicated team to meet challenge of new regulations.
  • WWF Canada comes out against scrubbers
    Regional office of famous nature conservation charity calls on Ottawa government to take "bold action"
  • CargoSmart and SSE plan boxship reliability benchmark
    Companies plan to establish index scope and methodology via joint working group
  • Sanoyas Shipbuilding develops LNG-fueled woodchip carrier
    Mid-size Japanese shipbuilder has already attained AIP from ClassNK for vessel design
  • US offered Adrian Darya 1 captain cash to help seize VLCC
    Financial Times: State Department officials approached several captains with similar offers
  • Lauritzen set for bulker owning exit with sale of China-built trio
    Trio of handysizes are heading for Clipper Group at an undisclosed price

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American Shipperweb site
SEPTEMBER 5, 2019
  • Loadsmart loads up $19 million funding for drayage app
    Maersk and Ports America onboard with app designed to optimize fraught process of picking up boxes.
  • Washington Supreme Court upholds wage averaging in trucking industry
    The Washington State Supreme Court issued a decision September 5 stating that trucking companies are not obligated to pay drivers separately for "non-piece rate" activities....
  • Safety group calls for Tesla recall after NTSB report
    Federal agency finds company's "Autopilot" technology played a role in 2018 accident.
  • Getaround seeking $200M on $1.7B valuation
    The raise suggests the mobility market is shifting in favor of companies that directly connect people to vehicles.
  • Halifax reports disruptions as Dorian moves toward Canada
    Port reports early arrivals and diversions ahead of hurricane's arrival in Atlantic Canada as forecasters warn of "severe impact."
  • UPS incorporates Foreign Trade Zone services into operations; designates four airports as FTZs
    UPS embeds Foreign Trade Zone capabilities into its operations; designates 4 US airports as FTZs
  • U.S. railroads could face billions in losses as coal demand slumps
    The decline in U.S. coal production could cost the railroads billions in lost revenue.
  • Additional suppliers reveal investments in Nikola's fuel cell-electric trucks
    Nikola Corp. revealed two more funding sources of its heavy-duty fuel cell truck on Thursday, September 5. German supplier Robert Bosch LLC and South Korean...
  • Contrarian peak season call from Universal Logistics
    While management teams at some of the nation's largest TL carriers have been talking up the potential for a solid peak shipping season, Universal Logistics...
  • Target tells suppliers to eat higher tariff-related costs
    Target tells its suppliers to forget about tariff-related price increases.
  • FreightFriend introduces new carrier search feature
    Finding reliable, trustworthy transportation partners is a challenge for shippers, brokers, and 3PLs in today's logistics industry. Search tools currently on the market only allow...
  • Container ships wait on Southeast port reopenings after Dorian
    Delays, diversions and weekend gates as ports get back to normal schedules.
  • Commentary: Hurricane Dorian and thinking about extreme weather events
    Brian Aoaeh writes about the disruption to supply chains caused by hurricanes and extreme weather.
  • FreightWaves provides free SONAR access as Hurricane Dorian lashes the U.S. coast
    SONAR provides real-time data on Dorian's progress and forecast, along with likely and actual impacts to transportation and energy infrastructure.
  • FreightWaves CEO and Founder named to Folio: 100
    FreightWaves Founder and CEO Craig Fuller has been named to the Folio: 100.
  • Freight Futures daily curve: 9/5
    East region forward curve tracks lower expectations for rates and impact of Dorian
  • Class 8 truck orders down nearly 80 percent over August 2018
    Class 8 truck orders fell again in August as fleets stayed on the sidelines while taking delivery of a record number of heavy-duty trucks ordered...
  • BOLT System's freight-tracking app attracts ELD and non-ELD users
    Tandem Workflow, using the same customer-centered ethic that branded BOLT from the start, continues to broaden in capacity, types of freight and user audience.
  • Economic sluggishness pulls U.S. rail volumes lower
    Weakness in the manufacturing sector is dragging U.S. rail volumes lower, AAR says.
  • BP Biojet to expand after making significant reductions in emissions
    Since 2016, Air BP has been reducing carbon emissions through its BP Biojet.
  • The shakeup continues at Daseke
    Daseke eliminates the role of president as it increases and accelerates its cost savings initiatives. The company will continue to search for a new CEO...
  • CargoSmart looks to benchmark ocean carrier reliability
    Tech firm will team up with provider of pricing data to container industry to get carriers on time.
  • Introducing the FreightWaves Pricing Power Index
    The FreightWaves Pricing Power Index is a new weekly feature that highlights the balance of power between shippers and carriers.
  • FMCSA extending drug clearinghouse deadline for state agencies
    Motor carriers will still have to comply with January 6, 2020 deadline.
  • Record $148 million heroin bust made at UK port
  • Taking aim at Big Ag
    Logistics startups are using data science and mobile technologies to connect grocery shoppers with local farmers.
  • Breakdowns are no fun
    These are the costliest repairs a truck driver can face.
  • Hurricane Dorian continues to damage southeastern U.S.
    Hurricane Dorian taking its time riding east coast, flooding communities along the way. Tornadoes, power outages, too.
  • Today's pickup: port markets leading the way
    Trade talks back on; human cost of Amazon last-mile delivery; Cowen Transport Conference takeaways; precious metals rally in negative yield world.
  • US attempts to checkmate Iranian oil delivery network
    Treasury's Office of Foreign Assets Control sanctioned 16 entities and 10 individuals, as well as 11 ships, which it identified as participants in an Iran-controlled...
  • Tapping the wisdom of crowds
    Using "crowd-solving" and prizes, Sea Freight Labs hopes to help shipping companies find better and faster solutions to challenges.
  • US potato farmers seek new trade deal with Mexico to 'level the playing field'
    Potato farmers are asking U.S. agricultural officials for support in expanding export trade into Mexico. Currently, American potato farmers and exporters are mostly barred from...
  • Ocean Rate Report: 'Sizzling' bulkers hit near nine-year high
    The beleaguered dry bulk shipping sector is nearing its post-financial-crisis peak. Is it sustainable?
  • Convoy raising capital at a multi-billion valuation
    A round at this valuation puts Convoy one step closer to an IPO.
  • Canadian grain producers eye port congestion, winter conditions
    Grain shippers wonder if the Canadian railways will keep up with demand in the 2019-20 crop year.
  • Even in an ELD world, CVSA Roadcheck results show focus on HOS compliance still needed
    Even with all the publicity about the electronic logging device mandate, this year's Roadcheck safety blitz in June still saw 37.2% of drivers placed out-of-service...
  • Port Report: China's Golden Week means cuts in ocean service
    At least 15 scheduled sailings from Asia are being temporarily culled due to the Chinese national holiday.

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The Bunker Bulletinweb site
SEPTEMBER 5, 2019
  • Bunker market increasingly concerned about storage capacity for IMO 2020-compliant fuels
    The need for more storage capacity for IMO 2020-compliant fuels is increasingly posing challenges for the industry as the implementation of the new regulation draws near, market sources said.
  • LOW SULFUR MARINE FUEL ROUNDUP: Maersk to produce 0.5%S fuel at Rotterdam
    Danish shipping company Maersk said Thursday it has signed a deal with storage company Koole Terminals to produce 0.5% sulfur content bunker fuel at a terminal in Rotterdam.
  • Despite public posturing, Trump and Rouhani may still meet with oil sanctions on the line: analysts
    Iran has made it abundantly clear that President Hassan Rouhani will not meet his US counterpart Donald Trump without some offer of oil sanctions relief, a precondition the White House has insisted publicly it will not consider.
  • US fuel oil premiums widen on lack of hurricane-, sanctions-hit imports
    "US cokers are extremely short," one trader said. "There isn't enough sour products around."
  • FUTURES 5: Crude comes off highs as demand concerns trump stock drawdowns
    Crude and refined product futures were bolstered by US inventory draws Thursday, but price increases were stunted by renewed concerns over global demand growth.
  • Limited availability of Panama IFO 380 leads to demand gains in Peru, Ecuador
    "Availability is getting tight in Ecuador and Peru due to the situations in Panama and Houston," a regional trader said. "It's a vicious cycle right now."
  • Savannah, Charleston ports to resume operations Friday: port authorities
    The re-openings follow port closures along the lower East Coast Wednesday in preparation for Hurricane Dorian.
  • Maersk to make 0.5%S fuel at Rotterdam
    Danish shipping company Maersk said Thursday it has signed a deal with storage company Koole Terminals to produce 0.5% sulfur content bunker fuel at a terminal in Rotterdam.
  • NWE fuel oil hi-lo hits record high as IMO 2020 preparations ramp up
    The Northwest European fuel oil hi-lo, supported by industry preparations for IMO 2020 -- the lower sulfur cap on marine fuel globally, has hit its highest level since S&P Global Platts started assessing the market in 2000.
  • LOW SULFUR MARINE FUEL ROUNDUP: Eni to start 0.5%S fuel supply at Genoa in Dec
    Italian energy company Eni will start supply of 0.5% sulfur fuel oil to the bunker market in December, the company said Thursday.
  • LOW SULFUR MARINE FUEL ROUNDUP: Monjasa completes first 0.5% bunkers sale
    Bunker supplier Monjasa has completed its first ship-to-ship supply of 0.5% sulfur marine fuel at Southampton, UK, and has announced some of the ports where it intends to provide product that will be compliant in 2020.
  • Spain's Cepsa begins trading operations in Singapore
    The company also has plans to expand its trading business in the US via a new office in Houston, it said.
  • Tanker major Euronav details preparations for IMO 2020, 'welcomes' sulfur limit
    Euronav procures LSFO, MGO at competitive prices
  • REFINERY NEWS: PetroChina Liaoyang's Sep gasoil exports doubles on month to 80,000 mt
    The refinery plans to export 80,000 mt of gasoil in two cargoes in September,






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