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18 April 2021 The on-line newspaper devoted to the world of transports 12:40 GMT+2




free news
Exim Indiaweb site
MARCH 7, 2021
  • Global tank container fleet up
  • Coal import down in first 10 months
  • Defence equipment worth INR 34k cr. exported in five years: Minister
  • First export consignment of red rice flagged off from Assam to the US; non-basmati shipments surge
  • India to export 34 lakh tonnes of sugar
  • Chabahar Port expected to be completely operational soon
  • JNPT highlights importance of developing mega ports with world class infrastructure
  • DP World & CMA CGM launch first block train by a shipping line between Mundra & Panipat
  • Minister emphasises significance of activating INSTC
  • Ample investment opportunities exist in Maharashtra, MIS 2021 told
  • Chennai Customs on high alert to prevent unlawful activities during TN election
  • CONCOR to give impetus to domestic container manufacturing
  • Sanjam Sahi Gupta named among Top 100 women in shipping by All About Shipping, UK

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International Transport Journalweb site
MARCH 8, 2021
  • The audacity of hope
  • Promoting gender equality in the logistics sector
  • Hydrogen locomotives soon in shunting yards?
  • Logwin remains stable
  • Alessi joins Lamprecht
  • A new connection to Libya
  • Intelligent freight trains ready this year
  • CMA CGM Air Cargo to take off today
  • Jumbo and SAL bundling forces
  • Importance of increasing automotive charters
  • "Digital forwarder" project on track
  • International Women's Day today
  • Airbus' new supply contract
  • Russian Global Ports prevails
  • Karl Gross Hamburg names import manager
  • "Curiosity of the Day"
  • Reducing carbon footprint by 4,812 t
  • Flying horses despite the pandemic
  • Teneso wins white knight

free news
The Loadstarweb site
MARCH 5, 2021
  • Aggressive carriers 'biting the hand that feeds them' as importers shun China
  • Warning to air shippers in year of the ox: 'strap in and try not to get gored'
  • Carriers eye higher contract rates to hedge against spot market volatility
  • Singapore port congestion pushing up waiting time, cargo rollovers and rates
  • UK freeports could have a 'catalytic impact' - but now the hard work begins
  • Unexpected rise in demand sees LATAM plan huge expansion of freighter fleet
  • Air freight Lufthansa's star performer, but 'the good times never last' says Cargo CEO
  • M&A radar: Port mergers whet the appetite for further deals
  • Against the odds: Splitting hairs with Atlas Air

free news
Marine Logweb site
MARCH 5, 2021
  • Tidewater's Kneen gives analysts "a little more color behind the scenes"
    In a call with financial analysts yesterday, Tidewater Inc. (NYSE:TDW) President and CEO Quintin Kneen covered not just the numbers but also gave some interesting insights into the benefits the offshore services
  • Kari Wilkinson named next Ingalls Shipbuilding president
    Huntington Ingalls Industries (NYSE: HII) reports that its Board of Directors has elected Kari Wilkinson to serve as executive vice president of HII and president of HII's Ingalls Shipbuilding division, effective April
  • Philly Shipyard starts fabrication of second NSMV
    Philly Shipyard, Inc. has marked the start of fabrication for the second vessel in the series of up to five National Security Multi-Mission Vessels (NSMV) it is set to build. Fabrication began
  • Master Marine delivers latest in series of Plimsoll Marine towboats
    The Master Marine Inc. shipyard in Bayou La Batre, Ala., has delivered the 67- by 20-foot M/V Rock Solid, the third in the series of four towboats it is building for to
  • Eastern Pacific Shipping in MOU on methanol and ammonia fuel retrofits
    One of the world's largest shipowners, Singapore-headquartered Eastern Pacific Shipping (EPS), is to retrofit a number of the existing vessels in its 15 million dwt fleet to burn methanol and ammonia fuels.

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Lloyd's Listweb site
MARCH 5, 2021
  • Digitalising shipping: What's the hold-up?
    Few doubt digital technology will change the industry, but there are more pragmatic questions now being asked by company boards...
  • Middle East rivalries must come second to oil spill response
    Help Lebanon surmount immediate crisis, establish the facts, then seek redress through the Civil Liability Convention. Most of all, prefer...
  • Shipping's 'big three' account for almost 80% of CO2 emissions
    IMO data for 2019 shows that the bigger ships in the global fleet emitted more than 600m tonnes of CO2...
  • The week in charts: Tanker earnings conundrum | China front and centre of global supply chains | Unrelenting box rates
    A downtrodden tanker market could come under renewed pressure once US sanctions on Iran's oil and shipping sector are lifted...
  • Charterers challenged over 'no crew-change' clauses
    The International Chamber of Shipping met a group of charterers yesterday to highlight concerns over 'no crew-change' clauses. It hopes...
  • A binding commitment
    The pandemic has shown the weakness of box shipping's laissez-faire relationship with contracts. Now both carriers and shippers can see...
  • Greek shipbroker Costas Karadimas dies aged 77
    Allied Shipbroking mourns one of its original four founding partners
  • VSAT and dedicated IoT connectivity keys to digitalisation
    There has been a more urgent push to connect every device and machine; digitalisation is helping the entire maritime industry...
  • Adding value to port agency in the digital age
    Inchcape's World of Ports digital portal has evolved into a platform that should prove as essential to owners, operators and...
  • Chinese New Year fails to deliver rate respite
    Spot rate resilience over the Chinese New Year indicates that factors propping up prices have still to be alleviated. Cargo...
  • Policy advisers press Beijing to ramp up greener shipping
    Shipbuilding experts told the CPPCC conference in Beijing that the country is lagging behind its competitor nations in backing the...
  • Eagle Bulk seeing signs of global economic recovery
    The company says it will likely achieve the highest time charter equivalent rates in more than nine years in the...
  • Eastern Pacific selects ammonia and methanol for vessels
    The diversified shipping company will partner with MAN Energy Solutions and methanol provider OCI NV to run some of its...
  • LNG bunkering veteran raises boil-off gas risks
    Start-up LNG Easy is mooting a bunkering concept that will send boiled off gas arising from ship refuelling operations to...
  • China removes port construction dues to boost growth
    The government started to remove the dues from March 2020, in a bid to alleviate cost burdens for the country's exporters...
  • Shipping warned over piracy attacks in Sulu Sea
    An attempted boarding involving a 56,045 dwt bulk carrier, Akij Pearl, was reported by the Philippines coast guard off Sibutu...
  • Daily Briefing
    Free to read: Iran tanker oil spill in Israeli waters 'deliberate' | Israel faces compensation cap on 'terrorist' oil spill |...

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The Journal of Commerceweb site
MARCH 5, 2021
  • Blume appointment platform aims to reduce port truck turn times
  • Seasonal layoffs, storms spur deep cuts to US transport workforce
  • Shippers passing higher freight costs to customers
  • Lower-value freight bumped off planes by high-margin cargo
  • High spot rates will push drivers to small fleets: Tucker
  • COVID-19 disruption boosts Indian LCL cargo demand
  • Reefer shippers facing higher rates, equipment constraints beyond 2021

news on subscription
TradeWindsweb site
MARCH 5, 2021
  • Tidewater confident the worst of Covid-19 is behind it
  • Eagle Bulk remains wary on time charter coverage in robust market
  • Opec knock-back no 'game changer' for tankers, Clarksons Platou says
  • SGX confirms launch dates for clearing handysize bulker FFAs
  • Equinor keeping on Esvagt SOV for another five years
  • LNG rates crash to sub-$20,000 in eight weeks from dizzying $350,000 start to year
  • Period charter rates hold ground as Indian Oil fixes 20-year-old VLGC for a year
  • Container freight rates register first steep drop since onset of pandemic
  • Tanker owner Mansimov could be freed as Turkish trial begins
  • Bank forces another distressed liftboat sale as Chinese shipowner swoops
  • Period charter rates hold ground as Indian Oil fixes 20-year-old VLGC for a year
  • Container freight rates register first steep drop since onset of pandemic
  • Tanker owner Mansimov could be freed as Turkish trial begins
  • Bank forces another distressed liftboat sale as Chinese shipowner swoops
  • Yangzijiang Shipbuilding's 2021 order haul grows to $3bn
  • Vafias sees LPG carrier upside but won't 'pop champagne yet'
  • Tidewater generating cash, but not as much as hoped
  • Global Ship Lease eyeing more secondhand asset deals
  • Costamare reveals another pair of containership buys
  • Libya's GNMTC confirms it sold aframax linked to Israel oil spill
  • Great Eastern adds capesize and supramax as older bulker shipped out
  • Dorian LPG upsizes buyback to $113m after huge response from investors
  • Straits Orient Lines splashes out $15m on two boxships
  • As cape market cools, this might be the year of the smaller bulker
  • Eastern Pacific to retrofit part of fleet to run on methanol and ammonia
  • Italian owner Raffaele Brullo freed from house arrest in crash probe
  • London High Court issues $96.3m judgment against Michael Zolotas in Piraeus Bank case
  • OHT says HFO greener than LNG but 'no one answer' for the future
  • Raffles takes up option for MR tanker at Chinese shipyard
  • Shenzhen Gas to splash out $140m on LNG carrier newbuilding
  • Chinese lessor boosts ship finance firepower with $1bn bond issue
  • Singapore box terminals hit by congestion amid surge in vessel calls
  • MOL casts ship-sector net wider for Wind Challenger
  • Wind Hunter aims to generate zero-emission energy on-board vessels

news on subscription
American Shipperweb site
MARCH 5, 2021
  • OPEC+ deal shocker will prolong bloodletting for crude tankers
    Analysts tally tanker fallout after OPEC+ stuns market with decision to hold the line of production cuts.

news on subscription
The Bunker Bulletinweb site
MARCH 5, 2021
  • REFINERY NEWS ROUNDUP: Japan throughputs rise, China's likely to ease
    Japan's crude throughput rose 8.1% week on week to 2.55 million b/d in the week of Feb. 21-27, with crude run rates increasing to 73.7% in the week, data released by the Petroleum Association of Japan showed.
  • Med 0.1% gasoil at six-week high on higher North Africa demand
    The Mediterranean 0.1% gasoil cargo market's relative value has risen to a six-week high on improving import demand in March from Tunisia and Libya as mobility recovers, sources said.
  • TENDER DATA: India's BPCL sells LSFO for mid-March loading from Mumbai
    This is the first time BPCL is indexing a 0.5% fuel oil cargo sale to the Singapore Marine Fuel 0.5% assessment, a company source said.
  • OIL FUTURES: Rally extends as supply outlooks tighten in wake of OPEC+ extension
    Crude climbed nearly 4% on March 5 as fundamental outlooks tightened following the extension of OPEC+ production cuts into April and a better-than-expected US unemployment report.
  • Fujairah VLSFO prices buoyed by OPEC+ deal extension
    Delivered 0.5% sulfur marine fuel prices in Fujairah have risen $20/mt since OPEC+ decided to extend its crude production cap into April and not raise it by 500,000 b/d.
  • BUNKERWORLD INDEX: Bullish supply conditions ahead at some key ports
    **Firm prices likely to dampen Singapore demand **Rotterdam 0.5%S FO supply outlook limited **USGC market heard tight, congested
  • ARA fuel oil stocks up 3% on week as eastern demand slows
    Eastern demand was switching from 1%S fuel oil for power generation to 0.5%S for marine fuel or blending.
  • Rotterdam publishes licensed bunker barge operators as new system takes effect
    **License does not apply to 'future fuels' **No mass flow meters yet, decision in 2022
  • China's 2021 oil demand forecast unchanged amid GDP growth target of above 6%: analysts
    **GDP target has little real impact: analysts **Limited room for transportation fuel consumption cut
  • Libyan freight premiums subside amid consistent output
    **Libya remerges as main export hub in Mediterranean **Libya poised to export 1.13 million b/d in March
  • ANALYSIS: Singapore's HSFO bunker sales reflects bullish momentum for 2021
    **Singapore HSFO supply, barge availability, pricing favor its use
  • SINGAPORE DATA: Residue stocks rise for second consecutive week as fuel oil exports fall 72%
    **Fuel oil exports slump 72% amid drop in shipments to HK, Phillippines **Fuel oil imports rise 18.22% on week
  • Singapore Q2 ex-wharf marine fuel term indications at plus $6-$7/mt to FOB cargo: sources
    Volumes are expected to rise in Q2 as container shipping picks up steam on increased economic activity.
  • Trafigura, industry groups call for green hydrogen, ammonia in shipping
    The scale of capital investment for developing green hydrogen and ammonia for shipping is Eur1.4 trillion, the group said.
  • Calumet seeks partner for Montana renewable diesel project: executive
    Calumet's Montana refinery will be able to co-process renewables and hydrocarbons due to two "over-sized" hydrocrackers, Fleming said.
  • High sulfur bunker fuel in Panama, Chile reaches 17-month high
    Crude futures and upstream markets led the surge in high IFO 380 CST prices.






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