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22 September 2020 The on-line newspaper devoted to the world of transports 03:39 GMT+2




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Sched Netweb site
JUNE 12, 2020
  • Greece doubles down on building Chinese cooperation in Piraeus port
  • US Asian imports fall in May after April dip, no pick-up seen till August
  • Canadian Pacific closes sale of Central Maine & Quebec Railway network
  • UN's ILO seeks 'key worker' status for seafarers during pandemic
  • Novorossiysk port cargo volume down 3.7pc from January to April
  • Imperial wins contract to store batteries for German car manufacturer
  • Seattle-Tacoma International Airport prepares for gradual re-opening
  • Fiji Airways converts its 'ideal' ATR 72-600 for freight operations
  • Airport Authority Hong Kong honours WFS with three safety awards

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Exim Indiaweb site
JUNE 11, 2020
  • Digitalisation seen as essential for the maritime sector post-pandemic
  • New guidance on ship recycling launched
  • Govt raises Customs duty on bamboo imports
  • Force Majeure concludes at Haldia Dock Complex
  • MbPT repatriates Indian crew during lockdown from six cruise ships
  • Bangalore International Airport to introduce Air Cargo Community System
  • Cargo movement on National Waterways poised to grow further, says IWAI
  • CBIC notifies extension of validity of e-way bills till June 30
  • Railways creates new world benchmark by successfully running 1st double-stack container train in high rise OHE electrified sections
  • Indian economy to sharply bounce back next year, says Fitch
  • Germany's exports drop by 24 pc, imports by 16.5 pc in April
  • Global economy seen facing a tightrope walk to recovery

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International Transport Journalweb site
JUNE 12, 2020
  • First train arrives at Stockholm Norvik Port
  • 14 modified A330 operated by China Eastern Airlines
  • More space for Eutraco in Willebroek
  • Fresh hands to lead Cargobull Telematics
  • Locotrans purchases 50 box cars
  • Difficult times ahead for car carriers
  • Move One extends contract in Afghanistan
  • Commissioner for Port of Trieste
  • Tailored maintenance service for Lineas
  • UPS expands its facilities
  • Rate reductions in the Port of Barcelona
  • Swissport and Xiamen Airlines active in Accra and Belgium
  • "Curiosity of the Day"
  • BLG Logistics shows solid performance in 2019
  • Safety awards for WFS
  • Border triangle sees rise in airfreight traffic
  • Cashless payment at LNG service stations
  • Baltic Sea Bridge to expand

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The Loadstarweb site
JUNE 11, 2020
  • India gives the green light for use of blockchain-based bills of lading
  • Timelapse of transatlantic slave trade, by individual vessel movement
  • Digital freight platform Kontainers bought for $12m by Descartes Systems
  • More Silk Road rail freight services launched, driven by rising demand
  • Maersk signs up 300+ vessel fleet to join climate science programme
  • No happy 'Aloha' for its new aircraft, as cargo services keep Hawaiian flying
  • DP World completes purchase of majority stake in TIS box terminal in Yuzhny
  • Flexport raises its digital game, putting customers 'at the heart of the technology'
  • Surprises as Gartner publishes its 'magic quadrant' of 3PLs
  • M&A radar: The birth of a German super-stevedore - more takeover than merger
  • Market Insight: Fury intensifies as Toll Group lacks leadership, funds and pride
  • EXCLUSIVE M&A radar: Kontainers is snapped up

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Marine Logweb site
JUNE 11, 2020
  • VIDEO: AWO highlights industry's response to COVID-19
    AWO has released a video highlighting the role played by the tugboat, towboat and barge industry in helping America navigate the COVID-19 pandemic by keeping essential goods and cargoes moving. "The men
  • Danfoss Editron powers first emission-free vessels on China's largest artificial lake
    Two electric workboats carrying out water control testing and engineering duties on China's Miyun Reservoir are the first emission-free vessels to operate on the 180-square mile artificial lake, which is Beijing's primary
  • Seaway ports see cargo volumes set for rebound
    While St. Lawrence Seaway cargo volumes decreased during the past two months due to economic shifts related to COVID-19, the Chamber of Marine Commerce reports industry leaders as saying that the Seaway
  • VIDEO: Alfa Laval launches PureSOx Express
    For vessels in the 40,000-65,000 DWT size range, such as handymax bulkers or product tankers, the cost of installing a SOx scrubber has sometimes outweighed the benefits. Now Alfa Laval is offering
  • VIDEO: Five steps to take to protect seafarers' mental health
    Protection & Indemnity (P&I) insurers American Club and Eagle Ocean Marine are urging the industry to step up care of seafarers' mental health. They have just released a video giving advice on
  • Navy mobilizes reservists to public shipyards
    Faced with an aircraft and submarine maintenance backlog at its four public shipyards, the Navy is mobilizing 1,629 reservists to the yards starting in July. The backlog has developed due to the

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Lloyd's Listweb site
JUNE 11, 2020
  • Shipowners review Venezuela calls as US sanctions bite
    Increasing scrutiny of US authorities regarding shipping in Venezuela has some owners apparently reconsidering their options
  • Thomas Miller appoints shipping veteran as Hamburg chief
    Predecessor leaves to pursue other interests
  • ITF calls for regulatory constraints to maintain competition
    Report offers recommendations for promoting efficiency and environmental protection
  • Shipping needs help to achieve green targets
    Webinars on future fuels raise more questions than answers. That is because the industry remains uncertain whether commercial viability is...
  • Call for shipbuilding contracts to specify obligations
    'It will be more important to ensure there is clarity about whether or not arbitration must be commenced prior to...
  • TEN locks in tankers during market surge
    The tanker and liquefied natural gas carrier owner first quarter of the year revenues reached $178.9m, up by 21.7% from...
  • Hong Kong introduces tax incentives for shipping lessors
    Policy makers have fulfilled their pledge to bring in tax breaks that could brighten the city's prospects as both a...
  • How wholesome food is critical to mental health at sea
    Good food for seafarers is not about putting everyone on a diet, says MCTC managing director Christian Ioannou. It is...
  • Digitalisation and collaboration combine to fight coronavirus
    Knut Ørbeck-Nilssen believes there is a new spirit of collaboration abroad in what is normally considered a highly fragmented industry...
  • Transition from classic tanker owner pays off for Maersk
    All 84 vessels owned by Maersk Product Tankers are for sale at any one time, as the shipowning side of...
  • Maersk tests buyer appetite for $900m-plus product tanker deal
    Maersk Product Tankers has been active in flushing out interest in a major chunk of its fleet, according to brokers...
  • Guidance issued on worker welfare at UK ports
    TT Club and British Ports Association provide risk assessment guidelines for managing workforces
  • Box lines push cost savings on to lessors and owners
    Container sector discipline is giving carriers a good crisis as pain is shifted elsewhere
  • Drone technology rises to next level in Singapore
    A memorandum of understanding has been signed with F-Drones for the last-mile delivery of 3D printed spare parts for Wilhelmsen's Marine...
  • Daily Briefing
    Free to read: Shipping struggles to overcome political inertia as crew change crisis starts to bite | Shipowners remain pessimistic...
  • Glenfarne Group acquires Magnolia LNG project in Louisiana
    The acquisition increases Glenfarne's liquefied natural gas export capacity to approximately 12m tonnes a year, with the additional 4m tonnes a year coming from the Texas...
  • Gazprom signs gas contract for new LNG facility
    The planned liquefaction capacity is 13m tonnes a year, with RusKhimAlyans receiving 45bn cu m a year of wet natural...
  • Mixed fortunes for California's container ports
    Long Beach Harbor Commission president Bonnie Lowenthal acknowledged that 'we aren't out of the woods', but said this is the...
  • Stena Bulk tanker prototype embraces multi-energy path
    The company plans to build tankers that come equipped with liquefied natural gas dual-fuel engines, plus options to adopt other alternative...

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The Journal of Commerceweb site
JUNE 11, 2020
  • Grim trade forecasts put Europe on track for 2020 slowdown
  • Former FMC commissioner Doyle to oversee Port of Baltimore
  • Uneven air cargo demand congesting major US hubs
  • Kontainers deal adds online quotes to Descartes rate management
  • Flexport new configurability tools hint at broader aims

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TradeWindsweb site
JUNE 11, 2020
  • Rokke joins Aker Capital and Ocean Yield with joint venture
    Aker Capital will take a stake in seven Ocean Yield tankers in a joint venture
  • Shipping stocks wiped out in Wall Street's worst day since March
    Drop of nearly 7% in Dow wrecks everything in its path as investors spooked by Fed comments, virus spikes in US
  • 'Influx' of tankers from floating storage pressure spot rates
    Vortexa data shows the VLCC, suezmax and aframax capacities used to store oil have been decreasing since end-May
  • Will Scorpio Bulkers ever trade at NAV after latest surprise equity deal?
    Two analysts debate the point while a third downgrades owner's shares
  • Euronav changes four crew members at Reunion island
    The French island of Reunion appears to be open for crew changes
  • IMO to hold virtual CO2 talks in July, heeding calls of environmentalists
    UN body says the 'informal' meeting will invite all member states and NGOs after weeks of complaints by environmentalists
  • Capesize owners should start profiting by July, brokers say
    Higher iron-ore volumes expected out of Brazil
  • Seaways: second quarter looking up as tanker market shows resilience
    Asian imports combined with persistent Brazil and US Gulf cargoes have allowed owners to extend elevated rates
  • Frontline boss Macleod backs company by building stake to $8m
    Chief executive splashes $346,000 on more shares in John Fredriken's tanker company
  • Swedish Club virtual AGM to remain a one-off
    Traditional annual bash in Gothenburg goes successfully online, for the first 'and last' time
  • Tsakos special dividend, bullish talk fail to ignite stock
    New York-listed Tsakos vehicle says it is bullish about the oil transport business, reveals imminent order for up to three tanker newbuildings
  • Cargo imbalance tips capesize scales toward Pacific basin
    Earnings in the east are higher because much more cargo is being moved there than the Atlantic Basin, Breakwave Advisors' John Kartsonas says
  • ESL Shipping fuels vessel with drop-in liquefied biogas
    Finnish owner teams with Gasum on steelmaker customer SSAB's drive towards fossil-free operations
  • Police confirm cyber-attack on shipbuilder Vard in Norway
    Details of incident sketchy but Norwegian authorities say it involved data breach
  • Yangzijiang Shipbuilding scoops orders worth $350m
    Domestic owner Shanghai Ganglu and Tiger Group turn to Singapore-listed yard
  • Tsakos Energy pays special dividend after strong profit
    New York-listed Tsakos vehicle also reveals plans for one-for-five reverse split, to take effect on 1 July
  • 'Watch this space': ex-Fearnley Securities chief Halvorsen re-emerges at ADS
    Investment banker made shock departure in April but is now to oversee expansion at private Norwegian group.
  • Viken Shipping reports profit hike as long-term charters pay off
    The Steckmest-controlled company has success running a tanker company with long time charters
  • EU approves Italian shipping tax rules, with strings attached
    Italy becomes latest European country to tweak its maritime tax regime to appease Brussels competition watchdog
  • Danish Ship Finance says tanker owners need to start scrapping now
    New report says market will need to get used to low rates for 'quite some time'
  • Restructuring FSG lines up buyer as ICG cancels ropax
    Pella Sietas in talks over purchase as owner of Irish Ferries scraps deal for ferry following yard's filing for self-administration
  • Restructuring FSG down to last ship as ICG cancels ropax
    Owner of Irish Ferries scraps deal for ferry following yard's filing for self-administration
  • BW Group sheds Golar LNG stock as shares hit three-month high
    Shipowner slides to fifth largest shareholder slot just behind chairman Tor Olav Troim
  • Hurtigruten scores $100m loan as it plots international cruise routes
    Norwegian shipowner aims to start sailings from Dover and Hamburg to Norway
  • Remaining banks fall into line with Solstad's $2bn refinancing
    Norwegian offshore vessel owner mops up stragglers as it declares vital restructuring deal effective
  • Ships-for-shares swaps help boost Trafigura to record profit
    Stakes in Frontline and Scorpio Tankers - and a bigger fleet - allowed trading giant to benefit from rate boom
  • Hurtigruten to expand international cruise business
    Norwegian shipowner aims to start sailings from Dover and Hamburg to Norway
  • UK warns over mobile phone use after officer killed on ro-ro ramp
    Report finds Seatruck seafarer was distracted by conversation before being hit by trailer
  • GasLog's first ESG report reveals carbon emissions differences in LNG fleet
    Chairman Peter Livanos says company will not only meet but exceed IMO targets when it orders new ships
  • Princess Cruises moves to knock out pandemic lawsuits with sweeping defence
    The Carnival Corp brand argues that if 19 lawsuits against it are allowed to go forward, any US institution can be sued
  • Danish shipowners outline plan for zero emissions by 2050
    Blue Denmark group comes up with 21 recommendations for the country's government in decarbonisation push
  • Project newbuildings could push LNG ship surplus into 2025, Poten says
    Chairman emeritus Michael Tusiani calls out shipowners for 'foolishly' taking on 'unimaginable risks'
  • Iran could be readying another ship headed for Venezuela
    Another ship is said to be headed to the South American country, as Washington looks to levy sanctions
  • American Shipping looking to refinance $220m bond issue
    Oslo-listed tanker owner brings in financial advisors despite maturity in 2022
  • Maersk Tankers hires woman with technology expertise to lead India unit
    Danish tanker owner names non-shipping executive to lead Mumbai office from 1 June 2020
  • Dutch owner VT Group acquires Boluda's tanker business
    Acquisition will leave Spanish company with its containership and towage operations
  • Eastern Pacific refocuses on capesize bulkers as ultramax is sold
    Diversified Singapore-based shipowner sells 2019-built ultramax and is open to offloading more smaller bulkers as part of consolidation move
  • Robbers target Torm and Scorpio ships as Asia piracy levels double
    ReCAAP says it remains concerned about continued occurrence of incidents in the Singapore Strait

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American Shipperweb site
JUNE 11, 2020
  • Port of LA director fears permanent loss of imports
    Gene Seroka reports worst May in more than a decade, predicts 15% of import cargo won't return
  • Boeing tells 737 MAX fuselage maker to pause production
    Boeing's stop-work order to its fuselage supplier has a lot to do with COVID-19 and the state of the airline industry.
  • NTSB schedules public meeting on fatal Atlas Air flight
    U.S. safety investigators will hold a hearing in July as they try to find out why a big cargo jet carrying Amazon packages crashed last...
  • Maersk leverages fleet for climate change research
    Three hundred vessels will be equipped to measure and report meteorological data
  • FMC eases some publication requirements for ocean container carriers
    The World Shipping Council says exemption for ocean container carriers from publishing essential terms of their service contracts with the U.S. Federal Maritime Commission is...
  • Drayage truckers, ocean carriers discuss chassis lease rate disparity
    Intermodal Motor Carrier Conference said the Ocean Carrier Equipment Association can avoid regulatory or legal action by reaching a "mutually beneficial" resolution to the chassis...

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The Bunker Bulletinweb site
JUNE 11, 2020
  • Hamburg Port Authority eyes growing use of LNG as bunker fuel
    "LNG is playing an increasingly important role as a low-emission fuel in the cruise industry, as well as for container ships. That's also becoming increasingly tangible at the port of Hamburg," the CEO of Hamburg Port Authority, Jens Meier, said in a statement.
  • Singapore 180/380 CST HSFO spread widens to 3-month high on strong 180 CST demand
    The strong demand for 180 CST high sulfur fuel oil for power generation has widened the spread between FOB Singapore 180 CST HSFO and 380 CST HSFO, otherwise known as the viscosity spread, to a three-month high of $15.40/mt on June 10, fuel oil traders in Singapore said.
  • Japan marine fuel 0.5% differentials in discounts in June; market seen bottoming
    The delivered Tokyo Bay marine fuel 0.5%S differential to Singapore 10 ppm gasoil cargo assessments has remained in discounts so far in June, averaging minus 53 cents/mt over June 1-10, compared with a premium of $7.56/mt over May 20-29 and a monthly average of $21.41/mt in May, S&P Global Platts data showed, as weak demand coupled with ample supply weighed on the market this month.
  • OIL FUTURES: Price declines extend as economic storm clouds gather
    Oil futures price declines extended in early morning trading June 11 as US equity markets opened sharply lower amid economic growth concerns.
  • External: Global Risk Management




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