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14 August 2020 The on-line newspaper devoted to the world of transports 01:03 GMT+2




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Sched Netweb site
JULY 16, 2020
  • Shippers paying more for biofuel compensated with carbon credits
  • Seafarers UK asks ILO to track seafarer suicides amid Covid crisis
  • US trade chief Lighthizer defends China policy as effective and overdue
  • Saudi Global Ports in Dammam sets new single ship call handling record
  • China's African Madaraka Express railway blunts Covid-19 impact
  • Reopenings spark US Asian import uptick, but is it a peak season hint?
  • China-Europe freight trains continue to increase by nearly a third
  • Cathay shareholders approve US$5 billion bailout to avoid collapse
  • New Delhi international passenger service expected to resume July 31
  • DHL signs up ATSG for a Boeing 767-300 freighter links on Asia flights
  • Oman Air keeps busy delivering UN relief to war-torn Yemeni capital

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Exim Indiaweb site
JULY 15, 2020
  • China Containerized Freight Index up
  • CSL inks prestigious Norway order to build autonomous electric ferries
  • Maersk's new Jade Express service to call Mundra
  • More States need to act on crew changes, says IMO Secretary-General
  • Coal imports at Major Ports down in Q1
  • DGFT removes export ban on non-woven fabric used in production of masks & coveralls
  • Export of coir & coir products at all-time high
  • Govt looking at identifying electronic items with large export potential
  • Imports of over 1,000 items likely facing duty hike
  • APM Terminals Gothenburg grows four times faster than the market
  • Resolving issues of Vallarpadam Terminal a top priority of Ministry of Shipping, says Mandaviya
  • CEVA Logistics accelerates deployment of its digital offering & introduces all-in-one portal
  • Govt committed to developing coal evacuation & logistics infrastructure
  • Pakistan allows Afghanistan to resume its exports to India through the Wagah border
  • Duty-free imports into India
  • India can still become a $5 trillion economy by making a collective effort, says Piyush Goyal
  • GIMS Greater Noida adds automated RNA extraction machine to enhance Covid testing

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International Transport Journalweb site
JULY 16, 2020
  • Half empty or half full?

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The Loadstarweb site
JULY 15, 2020
  • Exclusive interview: 'a fascinating, rags-to-riches' year for Cargologicair
  • CEVA Logistics accelerates deployment of digital offering with all-in-one portal, myCEVA
  • June productivity rebound suggests a return to growth, but it's bumpy ahead
  • Box ship charter market bounces back as idled vessels are recalled to duty
  • Atlas Air crash that killed three crew was down to pilot error, says NTSB
  • Asia's busy shipping lanes a hotspot for disaster, but ro-ro poses highest safety risk
  • Poste Italiane sets up €100m joint-venture with 'digital forwarder' Sennder
  • US AirCargo conference 2021 goes virtual - back to New Orleans in 2022
  • Analysis: Waberer's - Pump up the flat tyres with a debt haircut, take it private
  • M&A radar: Toll Group sale hits a (highly predictable) stumbling block
  • Market Insight: DSV shakes the verticals as another Panalpina exec departs

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Marine Logweb site
JULY 15, 2020
  • Holland America Line sells four ships
    Carnival Corporation's Holland America Line cruise brand has announced that Amsterdam, Maasdam, Rotterdam and Veendam will be leaving the fleet and transferring to undisclosed buyers. The ships have been sold in pairs,
  • House T&I Committee approves Water Resources Development Act
    H.R. 7575, the Water Resources Development Act of 2020 (WRDA), was reported out of the House Transportation and Infrastructure Committee today, drawing approval from both the American Waterways Operators (AWO) and the
  • Indian shipyard to build two autonomous freight ferries for Norwegian owner
    India's Cochin Shipyard Limited (CSL) reports that it has signed contracts for construction and supply of two autonomous electric freight ferries for ASKO Maritime AS, Norway, with an option to build two
  • Hudson River Cruises resumes sightseeing cruises
    Kingston, N.Y.-based Hudson River Cruises has resumed its Hudson Valley sightseeing cruises while following the Centers for Disease Control and Prevention (CDC) guidelines to provide a comfortable and safe environment for all
  • Cryopeak and Island Tug & Barge sign MOU on LNG bunkering
    Richmond, B.C., based Cryopeak LNG Solutions Corporation has signed a Memorandum of Understanding with Island Tug & Barge Ltd. to deliver LNG bunkering services in southwest British Columbia. Cryopeak and ITB have
  • VIDEO: Energy saving retrofit cuts passenger vessel fuel consumption by 24%
    Energy-saving retrofits are commonplace on large cargo vessels and cruise ships. But can they also make a significant difference on a small passenger vessel? Lausanne, Switzerland, headquartered CGN, which operates a fleet
  • Allianz: Coronavirus challenges could cause uptick in shipping losses
    Though large shipping losses are at a record low, having fallen by over 20% year-on-year, marine insurer Allianz Global Corporate & Specialty SE (AGCS) warns that the coronavirus crisis could endanger the
  • American Club manager makes key New York appointments
    Shipowners Claims Bureau, Inc. (SCB), the manager of the American P&I Club, has made senior appointments to its management team in New York. Dorothea Ioannou takes on the role of Deputy Chief

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Lloyd's Listweb site
JULY 15, 2020
  • Allianz says shipping losses at record low
    'We know from past downturns that crew and maintenance budgets are among the first areas that can be cut. It...
  • Qatar's LNG shipping arm boosts profit
    Doha-based Nakilat says there have been no disruptions to its business despite the 'ongoing challenges' of the coronavirus pandemic
  • Daehan lands Tsakos shuttle tanker order
    Portugal-based Galp said to be charterer behind project for up to three DP2 suezmaxes
  • GPS hacking remains a global threat
    GPS hacking is now a huge global concern, says a cyber expert. Until recently regarded as a priority for shipping...
  • 'Illogical' airline inaction blocking Singapore crew repatriation
    Airlines told to step up and resume regular commercial flights as nearly 300,000 seafarers remain stuck on ships at sea...
  • LNG cargo cancellations forecast from US as demand drops
    The consultancy meanwhile expects a ramp-up in supplies of liquefied petroleum gas by the end of the year
  • Weekly briefing: Quiet optimism for containers, tanker earnings stabilise
    Loaded container volumes in the opening five months of the year were down but not nearly as bad as some...
  • American Club elevates Dorothea Ioannou
    American Club elevates Dorothea Ioannou to deputy chief operating officer. Club's managing outfit also appoints Molly McCafferty claims director for...
  • Gulf of Guinea now a piracy hotspot that threatens all seafarers, says report
    'Violence against crews is a growing risk in a workforce already under immense pressure' - IMB director Michael Howlett
  • Vessel linked to Iran has been 'hijacked'
    The charity said the crew were home safe but did now say how they left the UAE.
  • Hapag-Lloyd optimistic for first half but sees 'prevailing high risk'
    Full-year guidance remains the same as earnings rise despite the background of the coronavirus pandemic
  • Dubai opens for crew changes
    Hotel stays are still not permitted for signing-off crew unless they have tested negative
  • EU halts South Korea merger probe again
    European Union officials have stepped in for the third time to halt the probe, with no rationale given for the...
  • MPC Container Ships turns to investors for restructuring
    Oslo-listed company seeking to ride out liquidity pressure as rates tumble against the backdrop of coronavirus
  • European container shortages ease, but imbalances remain
    Supply in northern range ports has stabilised, but in southern Europe containers shortages are still severe
  • Daily Briefing
    Free to read: Crew change commitment failing on the ground | From logistical puzzle to conundrum - the V.Ships view...
  • Methanol Institute joins China's marine fuel study
    China is the largest producer and consumer of methanol globally, with well-established use in various applications. This means there is...
  • Keppel agrees FPSO fabrication contracts with Modec
    Integration and installation work on the project in Singapore is scheduled for the fourth quarter of this year and delivery...

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The Journal of Commerceweb site
JULY 15, 2020
  • Detroit's 'Matty' Moroun bridged trucking eras
  • LA port chief backs regulation reexamination to stem cargo loss
  • CEVA targets smaller shippers with online visibility, management tools
  • JOC Uncharted: Telework shift poses challenges for railroads
  • Convoy extends dedicated capacity pool to small, independent carriers
  • Port NOLA using sensors to track river depth
  • COVID-19 stimulus key to project cargo recovery

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TradeWindsweb site
JULY 15, 2020
  • Carnival takes out $1.3bn more in high-priced loans
  • Deep distress: Fred Olsen swoops for two Carnival ships funded by seller's finance
  • Shipowners face growing Turkish recycling logjam
  • No surprise from Opec+ as tanker players wait for more cues
  • Seawolf Tankers chases charterer for unpaid $13m
  • Seattle's Saltchuk grabs a few more OSG shares
  • Royal Caribbean 'always wanted' to own all of Silversea Cruises
  • WFW warns on demolition sales after Maran Tankers ruling
  • Nakilat boosts first half figures with ship acquisitions
  • Myanmar introduces a new twist to its LNG import logistics
  • BW LPG to make $4m profit from selling veteran VLGC
  • Tech giant Kongsberg reports stable results despite 22% fall in marine orders
  • Fred Olsen moves cruiseships to lay-up from anchorage to cut costs
  • STCW identification could hold key to solving seafarer visa hold-up
  • Cass students petition against business school's name change
  • Allianz warns of higher accident risk as virus hits safety investment
  • DNB's Huseby says conventional shipping holding up 'surprisingly well'
  • Bidders line up for Mumbai Port Trust long-planned FSRU
  • KGJS posts better numbers, but not enough to get out of the red
  • American Club promotes Dorothea Ioannou to deputy COO
  • Cruise scrapping goes green, but it comes with a hefty discount
  • Offshore 'a concern' as uncertainty surrounds huge refinancing efforts, says DNB
  • Myanmar introduces a new twist to its LNG import logistics
  • BW LPG to make $4m profit from selling veteran VLGC
  • Tech giant Kongsberg reports stable results despite 22% fall in marine orders
  • Fred Olsen moves cruiseships to lay-up from anchorage to cut costs
  • STCW identification could hold key to solving seafarer visa hold-up
  • Cass students petition against business school's name change
  • Allianz warns of higher accident risk as virus hits safety investment
  • DNB's Huseby says conventional shipping holding up 'surprisingly well'
  • Bidders line up for Mumbai Port Trust long-planned FSRU
  • KGJS posts better numbers, but not enough to get out of the red
  • Paddy Rodgers adds board role after invitation from old friend Ravi Mehrotra
  • LNG newbuilding orders poised for rebound after slow first half of the year
  • Keppel Corp adds to backlog with Modec floater contracts
  • Shell eyes digital LNG trading with stake in Australian start-up
  • Banks and Japanese behind surge in handysize S&P deals in June

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American Shipperweb site
JULY 15, 2020
  • American Airlines warns of 25,000 job cuts
    American Airlines, United Airlines and Delta Airlines are planning for mass layoffs unless workers take unpaid leave or separation packages as COVID continues to batter...
  • Shipowners with shares worth pennies rake in millions
    Top Ships, Seanergy, Castor and Globus tap equity markets to buy vessels.
  • Amazon to build giant central Texas fulfillment center
    Amazon's Pflugerville fulfillment center will be located off State Highway 130, a rapidly expanding business corridor in central Texas.
  • South Carolina Ports volumes holding steady
    CEO Jim Newsome optimistic about economic recovery in 2021.
  • Virgin Atlantic secures emergency investment to fund operation
    Virgin Atlantic is recapitalizing without support from the U.K. government thanks to internal and external investors and creditors.
  • 2021 AirCargo Conference will take off virtually
    With safety and travel logistics in mind, the annual AirCargo Conference, which draws up to 800 attendees, will take place online in 2021.

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The Bunker Bulletinweb site
JULY 15, 2020
  • Middle East Gulf VLGC rates recover from multi-month low amid tighter tonnage
    Very Large Gas Carrier rates on the Persian Gulf-to-Japan route extended gains in the week that began July 12, with shipping sources attributing the recent recovery to a tightening of tonnage supply.
  • Argentina's Santa Cruz presses Sinopec to step up oil investment
    Kirchner said she wants the company to come to a decision in "the short term" on how to increase investment and activity.
  • US crude exports to Asia expected to slow even further
    US crude exports to Asia have fallen over the first half of July, and are set to fall further as fixtures for Suezmaxes and VLCCs -- larger vessels better suited for Asia-bound voyages -- have slowed amid tight arbitrage economics.
  • Appeals court temporarily stays Dakota Access Pipeline shutdown
    The DC Circuit Court of Appeals granted a temporary stay of the planned shutdown of the Dakota Access crude oil pipeline as part of an administrative action to give a three-judge panel more time to consider arguments in favor of keeping the pipeline open.
  • OPEC+ lauds oil price rebound as producers prepare to boost output
    OPEC and its allies will ease their record production cuts on schedule in August after they helped pushed oil prices back above $40/b from their historic lows in April, ministers said July 15, confident that recovering global demand will soak up the additional supply.
  • US commercial crude inventories plunge as imports hit 8-week lows
    US crude oil inventories moved sharply lower in the week ended July 10 amid plunging imports and steady refinery demand, Energy Information Administration data showed July 15.
  • OIL FUTURES: Oil settles higher as US crude draw offsets rising OPEC+ production
    Oil prices rallied on the back of the EIA report, which also showed US refinery demand gaining on the five-year average and a steady increase in refined product demand.
  • SPAIN DATA: Algeciras shipping throughput for May falls 20% on year
    Total numbers of ships passing through the port of Algeciras, Spain, in May fell 20.3% from May 2019's level to 8.091 million mt, the port authority reported on its website.
  • External: Global Risk Management
  • FUJAIRAH DATA: Oil product stockpiles drop for third straight week
    Light distillate stockpiles fell to 6.267 million barrels, the lowest since April 20.
  • Kogas, local partners to boost LNG bunkering in S Korea
    Kogas and its five partners will set up the LNG bunkering JV by October, a Kogas official told Platts.
  • HSFO Singapore/Fujairah spread narrows on strong Middle Eastern demand
    "[Cargoes] are heading for the Red Sea," said a fuel oil trader based in Singapore.
  • Singapore's high sulfur bunker fuel demand supported in H2 after record June sales
    "I wouldnt be surprised if HSFO [makes up] 25% of total bunker sales in Singapore by the end of the year with completing scrubber installations," a trader added.
  • Singapore HSFO viscosity spread falls to 8-month low on firm 380 CST grade demand
    The viscosity spread was last lower on November 8, 2019, at 12 cents/mt.




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