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08 March 2021 The on-line newspaper devoted to the world of transports 15:06 GMT+1




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International Transport Journalweb site
JANUARY 26, 2021
  • Shifting semi-trailers to rail
  • Dialogue or complaint
  • Is air-sea the key for Djibouti's hub plans?
  • Another head; and another facility
  • Rail upgrades in Lithuania
  • Masil makes a first in Iraq
  • Big deal in North America
  • Celebi expands in Frankfurt
  • Great plans with new customs suites
  • Contargo Transbox and Webarge team up
  • Fjord Line picks CEO
  • Eco-trucks on trial
  • "Curiosity of the Day"
  • More space for Iceland Foods
  • Japanese go safe with cool chain provider
  • New in Newark
  • New unit for offshore wind services

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The Loadstarweb site
JANUARY 25, 2021
  • Shippers and forwarders mull legal bid against alliances to cap soaring rates
  • New Covid ban in HK could impact a quarter of Cathay Pacific cargo capacity
  • India's ocean capacity crunch 'nightmare' continues - Maersk's rail solution
  • 'Smart move' as DB Schenker launches ambitious air cargo charter schedule
  • Lufthansa Cargo e-commerce offshoot heyworld eyes major expansion
  • Canada's TFI International scoops up UPS Freight for $800m
  • Covid rules 'workaround' means KLM Cargo can continue to fly its freighters
  • M&A radar: 'Bill Ackman Logistics' - shake a tail feather
  • Lufthansa Cargo's Magali Beauregard joins CargoAi as chief customer officer
  • U-Freight restructures Dutch team and opens e-commerce warehouse
  • Ex-CNS president Michael White the latest recruit to PayCargo board

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Marine Logweb site
JANUARY 25, 2021
  • VIDEO: Metal Shark selected to develop Marine Corps LRUSV system
    Jeanerette, La., headquartered shipbuilder Metal Shark has been selected to develop and implement the Long Range Unmanned Surface Vessel (LRUSV) System for the United States Marine Corps. The LRUSV System will deploy
  • Fraser Shipyards to build VSP-propelled double-ender
    An infrastructure upgrade project is underway on Christian Island, Ontario, Canada, and one of its main components is the construction of a "floating bridge," in the form of new double-ended ferry. Christian
  • Hirt resigns as port director of Ports of Indiana-Burns Harbor
    Ports of Indiana reports that Ian Hirt has resigned after four years as port director of Ports of Indiana-Burns Harbor, effective May 3, 2021, to return to the private sector. The Ports
  • EU project harnesses key technologies to decarbonize shipping
    As part of a consortium led by Finland's University of Vaasa, Wärtsilä will play a key role in an EU-funded project aimed at reducing the environmental impact of shipping. Backed by EUR
  • Autonomy doubles productivity of Galveston Bay survey boat
    DEA Marine Services, a division of Vancouver, Wash., based David Evans and Associates Inc. (DEA) is using a Sea Machines Robotics SM300 autonomous-command and remote-helm control system as it carries out a
  • Sweden moves ahead on next-generation Visby corvettes
    Saab and the Swedish Defense Materiel Administration (FMV) have signed two agreements relating to Sweden's next generation of surface ships and corvettes. The agreements are worth SEK 190 million (about $23 million)

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Lloyd's Listweb site
JANUARY 25, 2021
  • Cosco tanker arm chips in for three newbuild Arc7 LNG carriers
    Chinese tanker owner meanwhile expects to see a surge in net profits for 2020, despite the Yuan840.9m impairment provisions made...
  • BP imports first regasified LNG cargo in China
    The delivery marks the beginning of one of the first direct supply contracts between a supermajor and customers in China
  • Biden reaffirms support for Jones Act with 'Buy American' executive order
    President Biden's nominee for Secretary of Transportation, Pete Buttigieg, last week affirmed his support for the Jones Act, saying it...
  • Industry heavyweights reignite crew-change crisis efforts
    Over 300 companies pledge to tackle the 'shared responsibility' of crew change, but questions are raised over charterer commitment to...
  • CTM says supramax pool outperforms market again
    Vessels in the CTM supramax revenue sharing agreement carried 29m tonnes of cargo last year, which was an increase of...
  • End to box shortage may be in sight
    High demand and supply chain disruption during the pandemic have led to a shortage of equipment in key export markets...
  • Container lines tread fine line on freight pricing
    Demand for container space has come from shippers of all cargo types. But for low-value goods, the cost of shipping...
  • Castor clinches largest loan to fund growth
    Petros Panagiotidis-led Castor said the loan of $15.3m is with a European financial institution
  • Global Ship Lease share sale raises $70m to grow fleet
    Offering is expected to close tomorrow, but underwriters have 30 days to exercise an option to purchase up to 810,000...
  • Hong Kong enables larger boxships to transit key waterway
    The move could lead to improved vessel traffic and business to the Asia maritime hub. It will also give carriers...
  • Yilport names Sartini as co-chief executive
    After a long and varied career, Nicolas Sartini left French carrier CMA CGM last year. He will now share chief...
  • Daily Briefing
    Free to read: No hiding place for flags that don't pull their weight | LNG trade needs greater liquidity to...
  • South Korea boosts box capacity to help exporters
    The Ministry of Trade, Industry and Energy says discussions are also being held with domestic, as well as foreign, shipping...
  • Indonesia probes suspected illegal Iran oil transfers
    Coastguard says the tankers are suspected of several violations, including not displaying national flags, shutting off their Automatic Identification System...

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The Journal of Commerceweb site
JANUARY 25, 2021
  • Record Asia-Europe container rates squeeze lower-value cargoes
  • Hong Kong hopes to lure bigger ships, more cargo from increased bridge limit
  • UPS Freight sold to Canada's TFI for $800 million
  • Ex-CMA CGM terminal chief Sartini joins Yilport as co-CEO
  • Maersk leads rerouting Indian east coast cargo to JNPT via block rail

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TradeWindsweb site
JANUARY 25, 2021
  • Norway's Cryo claims LNG bunkering record in Straits
    A vessel spot-chartered from Avenir has supplied the biggest LNG-fueled vessel yet, according to LNG bunkering specialist Cryo Shipping
  • Alleged patent troll drops Maersk lawsuit
    Transcend Shipping System's lawsuit against three other boxship companies remain open
  • Azamara adds Pacific Princess as fourth ship
    Private equity firm Sycamore Partners has bought the boutique luxury line for $201m from Royal Caribbean Group
  • Biden-fuelled energy patch swoon helps send stocks to first down week
    Negative sentiment on oil patch in new US presidency played its part as shipping finally underperforms broader market
  • Two names under consideration for Biden's maritime administrator
    John McCown and Mike Rodriguez are said to be in the running
  • Cosco looking to widen OOIL share base in $120m deal
    JP Morgan brought in to find buyers for Hong Kong container line's stock
  • Okeanis VLCC's top-dollar China run shows scrubber premium
    Brazilian fixture ties up Greek tanker at $17,000 per day to ride out weak market
  • Scorpio Bulkers' wind shift blew Evermore in direction of Oslo's Cadeler
    Investment firm has 2% stake in Swire/BW-backed wind-turbine installation vessel player
  • Evermore Global may have cut shipping stake in 2020 - but it will not be for good
    New Jersey investor more than halved its stake, but says it will be back with bigger positions in fewer names
  • Biden's Keystone rejection strikes positive tone for tanker owners
    Analysts predict more seaborne crude trade as Canadian producers look for other outlets
  • Theochari retires as Norton Rose Fulbright transport head after more than a decade at helm
    Industry stalwart says he does not want to be 'an old guy hanging around forever'
  • Navy hunts for veteran cargoship that disappeared off Colombia
    Colombian forces say the Carmen 1 sent alert but has not been found
  • First carbon neutral-certified container shipment claimed
    Box of bananas loaded at Ecuador port on MSC vessel said to be first shipment handled at import and export ends by green-certified companies
  • Berglund reflects on life in Hong Kong and rebuilding Pacific Basin
    Tanker and bulker veteran Mats Berglund will be retiring to Sweden in July, but his love for Hong Kong remains as strong as ever
  • CMA CGM stalwart Sartini joins Yilport as co-chief executive
    Long-time trusted lieutenant of French liner giant takes top spot at growing Turkish port operator
  • CTM supramax pool outperforms index as volumes jump in turbulent year
    Radziwill-run bulker revenue sharing agreement says pandemic forced it to find new ways of working
  • Hyundai Mipo bags MR tanker newbuildings worth up to $145m
    Letter of intent for the four product tankers was inked last year
  • Iran again swats away diplomatic overtures to solve Hankuk Chemi saga
    Offer from Qatar to mediate turned down as Iran insists chemical tanker's seizure was not politically motivated
  • Moundreas keeps spinning on capesize wheel with two buys
    Freight rate increases for bulkers percolate unusually quickly into the secondhand market
  • Indonesia seizes Iranian and Chinese VLCCs over alleged illegal transfer
    Coast Guard detains NITC and Shanghai Future tankers off Kalimantan
  • BP takes Union Maritime LR2s as Shell fixes wind-powered tanker
    Union Maritime and Buana Lintas Lautan fix out recently acquired product tankers, say brokers
  • Germany's fleet nears nadir and looks to the future
    Maritime cluster survives coronavirus but its sustainability remains a key question
  • Germans carve a future with global ship management giants
    Thomas Rehder explains how traditional owner-managers are reinventing themselves as third-party managers
  • Cape Shipping makes timely comeback in large bulkers
    Canny asset player emerges with Japanese-built ore carrier, which has rapidly appreciated in value since its purchase late last year
  • Thoresen picks up second Scorpio bulker in its first deal of 2021
    Thai bulker owner already looks to have made $1m on purchase price on back of improving freight rates
  • Singapore to continue to pay for local maritime sector's Covid-19 testing
    Government says it is extending subsidy as virus continues to pose significant public health risks
  • Royal Caribbean sells off two Ecuadorian-flagged expedition cruiseships
    Departure of ships operated by Silversea and Celebrity brands linked to fleet replacement plans
  • New J&J Denholm management team ushers in generational change
    Fifth-generation member of the Denholm family becomes new CEO in major executive leadership overhaul
  • Singapore to continue to pay for maritime sector's Covid-19 testing
    Government says it is extending subsidy as virus continues to pose significant public health risks
  • For P&I alternatives, shipowners should fix their eyes on Asia
    With the mutual market struggling, fixed premium providers are well placed to take advantage of Asian growth
  • China's Ruiyang Shipping splashes close to $300m on feeder boxships
    Low-profile outfit is teaming up with a Japanese company to operate China-to-Japan feeder service

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American Shipperweb site
JANUARY 25, 2021
  • Supply-demand imbalance continues to vex air cargo shippers
    If you can't rent an entire cargo plane for yourself, you might have trouble finding space on an aircraft to make an international shipment.

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The Bunker Bulletinweb site
JANUARY 25, 2021
  • ECB sees rapid progress on carbon pricing: Lagarde
    The European Central Bank sees rapid progress on carbon pricing as the EU Emissions Trading System is set to be aligned with the EU's stronger climate targets for 2030, the bank's president Christine Lagarde said Jan. 25.
  • Peninsula set to commence bunker supply operations in Skaw
    Marine fuel supplier Peninsula is expanding its supply operations to the Skaw region, using two supply tankers with a combined capacity of approximately 10,000 mt, the company said Jan. 25.
  • Saudi Arabia to officially mandate diesel spec change in 2022: FGE
    Saudi Arabia did not officially implement a diesel spec change this month, contrary to market speculation, but will reduce the sulfur content of gasoil/diesel for domestic use from 500ppm to 10ppm next year, consultancy Facts Global Energy (FGE) said in a note Jan. 22.
  • Japan's Osaka Gas aims for 2050 carbon neutrality by methanation, renewables boost
    Japan's Osaka Gas said Jan. 25 it aims for achieving carbon neutrality in 2050 through a series of measures including the introduction of methanation to decarbonize its city gas feedstocks and boost the renewable energy share in its power generation mix.
  • Canadian crude-by-rail exports rise sharply in November from multiyear lows
    Canadian crude-by-rail exports rose sharply in November as producers ramped up output taken offline at the start of the pandemic.
  • Ukraine's 2020 transit of Russian oil to EU down 6.3% on year to 12.3 mil mt
    Ukraine's transit of Russian crude oil for exports to the European Union fell 6.3% on the year to about 12.3 million mt in 2020 from 13.13 million mt shipped in 2019, the state oil shipper UkrTransNafta said Jan. 25.
  • Libya's Waha oil fields resume production after pipeline work
    Production from Libya's Waha oil fields has "gradually resumed" after repairs were completed on a key pipeline, state-owned National Oil Corporation said Jan. 25.
  • Rotterdam 2020 bunker volumes rise 6% despite coronavirus: port authority
    Total sales of oil-based bunker fuels, excluding lubricating oils, at the Dutch port of Rotterdam, the world's second largest bunkering hub, rose 6% in 2020 to 7.518 mil cu m, according to data from the port authority.
  • OIL FUTURES: Crude climbs amid tightened supply outlooks, easing US lockdowns
    Crude futures settled higher Jan. 25 amid tightened supply outlooks and easing COVID-19 restrictions in the US.
  • Rough seas lift Black Sea freight rates, delay loading of products
    Bad weather in the Black Sea has provided support for clean tanker freight rates, with delays in the Bosporus last week causing a backlog of vessels and late arrivals, sources said Jan. 25.
  • INTERVIEW: Methanol's bunkering uptake blunted by availability, industrial lure: Methanex
    **Methanol has competitive opex, capex costs **The chemical has different industrial uses **Shipping market will use wide range of fuels
  • Europe and Africa residual fuel -- key market indicators this week
    Local demand for bunkering in the European market continued to remain sluggish in the week ended Jan. 22, as market sources look to fundamentals on arbitrages to Asia for price support instead.
  • AMERICAS BUNKERS: Key market indicators Jan. 25-29
    Key spot marine fuel markets throughout the Americas entered the week of Jan. 25-29 under pressure from the US energy complex, while demand fundamentals remained bearish for some regions.
  • Rotterdam LNG bunker sales hit record high in 2020
    **Q4 volume up over 45% from previous quarter **LNG-fueled container, cruise ships boost demand
  • CHINA DATA: Jan crude throughput recovers as many refiners complete maintenance
    **PetroChina Jan average run rate up by one percentage point **Several Sinopec refineries resume operations after maintenance **Coronavirus spread in Hebei may weigh on crude throughput
  • Asia residual fuel market - Key market indicators this week
    Asia residual fuel markets are expected to be supported going into the last trading week of the month.
  • Fresh blow for Libya's oil revival, as militia threatens to stop crude exports at three ports
    **Ras Lanuf, Marsa el-Hariga, Ras Lanuf may be affected **PFG demands immediate payments of salaries **Revenue feud between NOC and CBL escalates
  • Bunker sales in Panama recover in Dec, resilience seen in H2 2020
    **Bunker sales in Panama rise 13.6% in December **Total sales of bunkers in 2020 fall 11.4% on year **Prices on the rise
  • Panama Canal constraints persist for LNG tankers arriving without a reservation
    **Average wait of 10 days for vessels headed to Pacific **Asia spot prices remain robust despite fall from record
  • TANKERS: Port of Corpus Christi crude shipments up 65% in 2020, sees record tonnage
    **Corpus December exports at 1.9 million b/d **Corpus export activity around 4.41 million b/d end-2020 **Houston exported 685,250 b/d in December




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