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18 April 2021 The on-line newspaper devoted to the world of transports 14:23 GMT+2




free news
Exim Indiaweb site
MARCH 17, 2021
  • Dachser offers LCL expedited service from China to US
  • ZIM invests in leading provider of paperless BL solution
  • Cumulative marine exports down
  • Export of soybean meal up three times
  • Exports up 17.27 pc during March 1-14
  • FIEO launches 'container demand e-module' to address unavailability of containers
  • JN Port seeing surge in throughput
  • Gati targets 3x growth, to invest INR 100 cr. in FY 21-22
  • PSA & duisport team up to invest in multimodal logistics facilities in Asia & enhance Europe-Asia connectivity
  • India, UK working towards firming up proposed FTA
  • Most economies seen not returning to pre-pandemic levels until 2022
  • BCBA organises online Training cum Refresher Course
  • Cabinet approves closure of Handicrafts & Handlooms Export Corporation of India
  • MOL announces issuance of publicly offered hybrid corporate bonds

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International Transport Journalweb site
MARCH 18a, 2021
  • Duisport and Singapore JV invest in China
  • Ontario trials autonomous truck driving
  • Dachser bypasses congestion in US ports
  • Nile Dutch sails to Hamburg
  • B&H Worldwide strengthens leadership team Asia
  • General cargo's global growth potential
  • UK freight companies launch rail service
  • Picking tool easing the thirst
  • Investors for a blockchain BL model
  • Werner named deputy secretary-general
  • Carrier receives blue-orange rolling stock
  • Saving time at Brussels airport
  • Scottish Football Logistics worldwide
  • New business development manager
  • More renewable fuels in the Netherlands
  • "Curiosity of the Day"
  • Hydrogen for eco-friendly railfreight
  • Technical support for Mexican cargo carrier

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The Loadstarweb site
MARCH 17, 2021
  • Containership charter market has gone 'bananas', with 2M on a 'fixing spree'
  • More modal shift as shippers and forwarders seek alternatives to costly airfreight
  • 'Second coming' for FFAs as protection against ocean freight rate volatility
  • Duisburg and PSA form JV to handle fast-growing Chinese rail freight traffic
  • UK seafood exporters need same grace period as importers to avoid 'disaster'
  • New PE partner for acquisition and growth-hungry AIT Worldwide Logistics
  • Market insight: Expect more 'capability-driven M&A, not scale' - Part 2
  • Market Insight: Tech 'lemming effect' - no middle ground yet - Part 1

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Marine Logweb site
MARCH 17, 2021
  • TTB: How has COVID changed salvage response to the tug, towboat and barge industry?
    Despite COVID-19, casualties have continued, regulatory changes have persisted, and salvage and marine firefighting providers are expected to meet response standards despite travel restrictions and social distancing requirements. Although the pandemic hasn't
  • Bechtel in floating offshore wind partnership with Hexicon
    While most of the focus on U.S. offshore wind development is on U.S. East Coast sites primarily suited to turbines with fixed foundations, California and Hawaii could be key states for wind
  • PODCAST: Aimee Andres on putting the waterways value case to shippers
    In this Marine Log Listen Up! Podcast podcast, we talk to Aimee Andres, executive director of the Inland Rivers, Ports and Terminals (IRPT) trade association. Representing professionals in each river basin, Andres
  • Solstad Offshore sheds two anchor handlers
    Skudeneshavn, Norway, headquartered Solstad Offshore ASA reports that its wholly owned subsidiary Partrederiet International Offshore Services ANShas sold the 2003 built AHTS vessels Lady Astrid and Lady Caroline. According to the Equasis
  • Wärtsilä sees potential for scrubbers to be used for onboard carbon capture
    Could scrubbers do more than remove sulfur from ships' exhaust emissions? Sigurd Jenssen, Director, Exhaust Treatment at Wärtsilä, thinks so. He sees the potential for exhaust gas abatement systems to directly tackle
  • VIDEO: Golden Ray responders remove another section of wreck
    Before the car carrier Golden Ray capsized in St. Simons Sound, Ga., on September 8, 2019, it was 200 meters (669 feet) long. As responders continue to dismantle it, the remaining portion
  • Kongsberg Maritime integrated solution picked for first Jones Act WTIV
    When the giant Jones Act compliant Wind Turbine Installation Vessel (WTIV) under construction at the Keppel AmFELS shipyard in Brownsville, Texas, for Virginia's Dominion Energy, goes to work, on offshore wind projects,

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Lloyd's Listweb site
MARCH 17, 2021
  • Hapag-Lloyd acquires NileDutch to expand Africa service
    Acquisition of Netherlands-based container line will add 10 services and 35,000 teu of capacity to Hapag-Lloyd's network
  • Castor is latest in line of acquisitive Greeks
    Statistics suggest that just two and a half months into 2021, Castor has already surpassed the busiest Greek buyers of...
  • Gasoline demand already peaked as pandemic changes tanker trades
    Gasoline accounts for a quarter of crude demand, with overall transport fuel use contracting in Europe and north America, and...
  • Digital solutions 'must make the value proposition much clearer'
    It has proved surprisingly hard to sell even the most obvious digital solutions. Providers must communicate better and prove to...
  • In praise of the 'fluffy intangibles' of digitalisation
    Lloyd's List webinar on the future of shipping marks an inflexion point between a geeky digital ecosystem and a hard-nosed...
  • Dynagas Partners posts higher fourth-quarter earnings
    'The current short-term market for LNG shipping is challenging, however we believe this market will improve going into the second...
  • Denmark to send warship to Gulf of Guinea to combat piracy
    A Danish warship is to help deter Gulf of Guinea piracy from November to March, following efforts by its defence...
  • Boxship fires ignite expensive clean-up operations
    While fires on containerships pose an immediate crisis, the costs of investigation, cargo recovery and claims can last long after...
  • Maersk views emissions levy on shipping as 'concrete proposal'
    The carrier did not confirm whether it supports the proposed levy price of $100 per tonne of CO2 equivalent, but...
  • Steamship offers cyber attack insurance cover
    Move comes after a number of shipping companies, including Maersk and CMA CGM, have been hit in recent years
  • PSA joins with Duisport to grow Europe-Asia trade flows
    The partners see multimodal investments becoming decisive growth drivers for rail freight transport between Europe and Asia
  • Daily Briefing
    Free to read: Speculative boxship ordering returns as financial buyers eye sizzling container trades | Hot dry bulk market spurs...
  • Cosco-led blockchain shipping platform wins regulatory approvals
    Shareholders consist of Cosco Shipping, Hapag-Lloyd, Hutchison Ports, Qingdao Port Group, PSA International and Shanghai International Port Group. Its first...
  • West coast ports see 'unrelenting boom' in US imports
    The Port of Los Angeles is in 'the seventh month of an unparalleled import surge, driven by unprecedented demand by...
  • Panamax and supramax rates push BDI to five-month high
    As charter rates soar for smaller bulk vessels, uncertainty still prevails in the capesize sector due to an oversupplied tonnage market...
  • Zero emission study shows large ammonia projects more than double
    An increase in uptake of large ammonia vessels is the most significant trend since the start of 2020, according to...

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The Journal of Commerceweb site
MARCH 17, 2021
  • Commerce Department moves ahead with duties on Chinese chassis
  • Hapag-Lloyd grows African presence with NileDutch acquisition
  • Firework importers plead for DOT intervention on port congestion
  • Easing import imbalance best hope for US agricultural export relief
  • SupplyStack-project44 tie-up a sign of need to embed visibility into TMS
  • TPM21: Parcel shippers need better visibility to avoid delays

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TradeWindsweb site
MARCH 17, 2021
  • OSG reworking loan agreements as pandemic suppresses oil demand
    The company said it would file its annual report late this year
  • Euroseas gets higher rates in booming boxship market
    The boxship owner may reinstate quarterly dividend as a result of this profitable period for the sector, chief executive Aristides Pittas says
  • Hapag-Lloyd acquires Africa specialist NileDutch
    Deal strengthens German liner operators foothold in the African market
  • Diana Shipping sale of panamax bulker shows secondhand prices moving up
    Price tag shows a premium of a few million dollars compared to a similar units sold in early February, in line with stronger panamax market
  • Wilson Sons takes stake in waterway digital twinning start-up
    System developed by Israeli company Docktech is already in place in two ports
  • STX Offshore adds order for tanker quartet as it foresees newbuilding rush
    South Korean shipbuilder clinches MR and three smaller vessels, and expects more soon
  • Celsius Shipping sells containership for more than double the purchase price
    Danish shipowner confirms profitable asset play for Chinese-built vessel
  • Dynagas LNG Partners looking at charter options for next available vessel
    LNG carrier owner continues cost-cutting with new management agreement on its six-ship fleet
  • Foresight's Mehrotra eyes LNG fleet expansion for Shipping Corp of India
    Industry veteran believes another 100 vessels are needed for Indian imports
  • Celsius Shipping sells boxship for more than double the purchase price
    Danish shipowner confirms profitable asset play for Chinese-built ship
  • Regional Container Lines takes boxship spending to $90m with fourth buy
    Thai liner operator pounces on Tsakos boxship as tonnage providers cash in on market recovery
  • Panamax boxship rates hit 16-year high at $35,000 per day
    Containership values head north as charter market rides Maersk fixing spree
  • Stars finally aligned for chemical tanker market recovery
    Rising demand and a small orderbook could breathe new life into shipowners after years of weak rates
  • Trafigura shipping chief trades an inconvenient truth over true cost of CO2 cuts
    Unpalatable facts about the true cost of decarbonisation should act as a wake-up call for shipping
  • Solstad sells stacked AHTS duo as fleet trimming continues
    Norwegian owner finds new home for large vessels it took delivery of in 2013
  • Klaveness tech unit unveils 'digital twin' system to cut aluminium cargo waste
    Norwegian tech company tackling Scope 3 emissions through new system that could be rolled out to other sectors
  • Shipping coalition launches bid to buy Covid-19 vaccines
    An industry working group has approached the WHO about acquiring vaccines through the Covax programme
  • Ostensjo reveals one crew's pandemic odyssey during three-month return home from Asia
    Master tells how he and his colleagues dealt with frustrations of closed ports en route to Canary Islands on floatel
  • 'It's all about the people': SeaBot XR says seafarers should not fear remote shipping
    Training company reassures mariners their skills and know-how will still be needed for autonomous vessels
  • Apprenticeships to equip the autonomous crews of tomorrow
    Training company working with Fugro, Shipowners' Club and others to boost skills as nature of seafaring changes
  • Zodiac Maritime scales up VLGC fleet with three newbuildings
    Eyal Ofer-led company is paying $234m for its next generation of dual-fuel vessels
  • Shell 'in a rush' to wrap up next LNG bunker vessel newbuilding
    Talks on 12,000-cbm ship as energy major moves to extend global reach
  • Zero-carbon projects double in Asia as ammonia tests rise
    Second biannual mapping of decarbonisation vessel projects by Getting to Zero Coalition shows significant rise in schemes trying out ammonia for big ships
  • Asset play: Stamatis Molaris adds fuel to Greek panamax sale train
    Empire Bulkers, Chronos Shipping and Vrontados are said to have offloaded panamaxes built between 2001 and 2006 - for asset play or fleet renewal
  • North Star triumphs in Equinor's $376m wind farm vessel tender
    Aberdeen owner makes stunning entry into SOV sector by winning international battle for Dogger Bank ships
  • Japanese lenders start to pile in on Poseidon Principles
    More Tokyo-based banks are signing up to the green ship finance initiative as Japan gets serious on decarbonisation
  • Ardmore Shipping's hydrogen joint venture drawing interest
    Tanker owner's newest investment could be cash flow positive by next year
  • IEA expects bunker demand growth to slow, but low-sulphur fuel gaining ground
    Paris-based agency expects better fuel efficiency and weak trade growth in coming years Japanese lenders start to pile in on the Poseidon Principles
    More Tokyo-based banks are signing up to the green ship finance initiative as Japan gets serious on decarbonisation
  • Wartsila to trial carbon capture on ships using scrubbers
    Finnish technology company believes exhaust cleaners have the potential to directly tackle CO2 emissions
  • Trafigura shipping chief trades an inconvenient truth
    Unpalatable facts about the true cost of decarbonisation should act as a wake-up call for shipping
  • IMO expresses concern over seafarers caught in China-Australia dispute
    Statement comes as Panama requests United Nations regulator's help in mediating the situation
  • Ardmore Shipping's hydrogen joint venture already drawing interest
    The tanker owner's newest investment could be cash flow positive by next year
  • De Poli makes contact with 15 kidnapped tanker crew members
    Italian operator says seafarers doing well under difficult circumstances
  • As traditional pipeline runs dry, new ship management business models emerge
    Ship managers have been unable meet and greet new clients in the past year but new ways of working are opening up
  • 'Moonshot' without bigger tax on shipping's carbon won't fly far enough
    Shipowners and their customers need to 'get in the same canoe' with those affected by climate change, and pay a meaningful price for emitting carbon
  • Satellites and forensics unravel identity of Israel oil spill tanker
    Maritime intelligence company Windward used state-of-the-art data technology and old-fashioned detective work to uncover source of spill
  • Nomura upgrades KSOE due to strong newbuilding intake in 2021
    Investment bank said it expects to see a continuation of the strong level of orders for containerships
  • Tasmania ditches desire to build TT-Line ropaxes at domestic shipyards
    Finnish shipbuilder Rauma likely to benefit from decision by state government that building ferries in Australia may be too risky
  • Denmark to take on pirates with naval deployment to Gulf of Guinea
    Frigate can carry special forces trained to conduct rescue operations on hijacked ships
  • DryLog deal shifts ArcelorMittal shipping into the black
    Shipping has become a net money-earner for mining and steel giant a year after it handed control of Global Chartering Ltd to partner DryLog
  • Zodiac capesize fixed to lift cargo of logs in 'industry first'
    News of charter comes hot on the heels of Cargill deal to use similar-sized bulker to ship grain from Brazil to Europe

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American Shipperweb site
MARCH 17, 2021
  • Port gridlock could blow up Fourth of July fireworks sales
    Fireworks could be stuck at sea by the time the Fourth of July rolls around. Blame massive port congestion and overloaded freight networks. The fireworks...
  • Viewpoint: Brace for another container surge
    There is a direct correlation between stimulus checks and the surge in e-commerce spending, according to SEKO US.

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The Bunker Bulletinweb site
MARCH 17, 2021
  • RBOB falls 2.6% after unexpected US gasoline inventory build
    Settlement lowest for front-month RBOB since March 8, more than 10 cents below its recent peak.
  • Italy's Bunker Energy to launch offshore bunkering at Augusta, Sicily
    Barges with a total capacity of 4,000 cu m will service offshore with 0.5% sulfur fuel oil, 3.5%S FO and marine gasoil
  • Rising freight and backwardation weigh on European crude arbitrage
    **European crude stays local, partly on refinery demand **Appetite to move European barrels to the East limited
  • Shipping sector weighs impact of EU ETS
    On January 1, 2021, the European Emissions Trading Scheme (ETS) Phase 4 came into effect based on revisions made in early 2018 to enhance compliance with the 2030 emission reduction targets.
  • Novorossiisk port loadings halted again as storm resumes
    Loadings were initially halted March 11 but resumed March 15, Transneft said previously.
  • Berth congestion limits spot bunker fuel offers at Tokyo Bay: sources
    "The refinery won't be able to ship bonded bunker fuel; berth availability will remain tight till the end of March," a refining source said.
  • HONG KONG DATA: Jan fuel oil imports fall 12% on year on weak demand
    **Tight availability likely to persist
  • Fujairah Uniper refinery restarts partially, yet marine fuel premiums stay high
    **Tight availability likely to persist
  • JAPAN DATA: March 7-13 oil products output falls 3.6% on week
    Local refiners raised their output of high sulfur fuel oil by 10.7% week on week to 1.18 million barrels in the week to March 13.
  • JAPAN DATA: March 7-13 oil product exports fall 22% to 2.3 mil barrels
    High sulfur fuel oil exports dived 45.6% on the week to 401,975 barrels in the week to March 13.
  • FUJAIRAH DATA: Oil product inventory rises 7% led by light distillates
    **Heavy distillate inventory increased 6.1% **Middle distillate stocks declined 6.7%
  • Demand doubts, energy transition impede outlook for refining sector: IEA
    **Producing clean fuels, reducing CO2 footprint offers feasible path **Pandemic offered refiners sneak peek into future of oil markets
  • Rising oil demand to outpace OPEC supply growth, shrinking spare capacity cushion: IEA
    **OPEC to have just 2.4 mil b/d of idled capacity available by 2026 **Neutral Zone to make Saudi Arabia capable of 12.25 mil b/d output
  • Bunker fuel demand up 11.6% by 2026 amid IMO climate targets: IEA
    **Slow international trade recovery will weigh on bunkers **Bunkers likely to occupy greater share of total fuel oil demand






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