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06 December 2021 The on-line newspaper devoted to the world of transports 08:46 GMT+1




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Exim Indiaweb site
SEPTEMBER 28, 2021
  • Höegh Autoliners loads longest breakbulk unit on RoRo at Ennore
  • Milaha recognised for achieving best practice
  • MOL signs call to action for decarbonisation of international shipping
  • Schedule reliability drops to all-time low 33.6 pc in Aug.
  • Coir exports surge
  • Palm oil imports seen declining
  • APM Terminals Pipavav first to connect with Western DFC
  • Hapag-Lloyd invests in JadeWeserPort Wilhelmshaven
  • Revised berthing policy & tariff structure at Hazira
  • VPT aims at 75 mt throughput this fiscal
  • Air freight rates ex-Asia to North America, Europe surging
  • Air transport industry manuals for cargo, ground handling & operations revised
  • CMA CGM launches industry's first business matchmaking marketplace
  • CONCOR ICD Tughlakabad's lucrative Volume Discount Scheme for import business well-received by the trade
  • COSCO Shipping Lines adds next-generation, active controlled-atmosphere EverFRESH Systems
  • Portal facilitating ease of logistics launched
  • A.P. Moller-Maersk to divest its container manufacturing firm to CIMC
  • Air cargo industry seen facing unprecedented challenges in Q4 2021
  • Qatar Airways Cargo soars for the group in 2020/21

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International Transport Journalweb site
SEPTEMBER 29, 2021
  • "Connecting Europe Express" in Switzerland
  • First 767-800BCF conversion programme in China
  • 64 locomotives purchased in three years
  • Global container flows better than expected
  • Cargo business saves Qatar Airways Group
  • More shares in Singapore business
  • Testing autonomous trucks in Texas
  • Walker Logistics chooses Adrian Skirrow
  • Wilhelmshaven finds new investor
  • Reverse logistics becomes a fashion
  • Iván Nash Vila named CFO
  • Lufthansa Cargo in digital research project
  • Extending capacities near Nuremberg
  • Maersk kicks MCI overboard
  • "Curiosity of the Day"
  • Private green initiative in Southern Africa
  • Dunkerque-Port picks Hervé Ducloy
  • More than 50,000 marijuana atomisers

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The Loadstarweb site
SEPTEMBER 28, 2021
  • 'Container haulage is f****d', says forwarder, as D&D adds thousands in costs
  • Seaspan closes in on 2m teu capacity goal with $1bn order for more box ships
  • CIMC now world leader after $1bn acquisition of Maersk Container Industry
  • Asia Pacific battling peak season air cargo capacity crunch and rising rates
  • Hapag-Lloyd buys into Wilhelmshaven's transhipment facility
  • More rate hikes and surcharges on the way - rising costs to blame, says FedEx
  • 'Road trains' to ease driver shortage? UK has the technology, 'but not the roads'
  • Against the odds: Thunderstruck - DSV, Kuehne and M'rsk all limping
  • Felixstowe Port CEO Chris Lewis to step down early
  • XPO Logistics hires Christine Robinne as head of technology, Europe

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Marine Logweb site
SEPTEMBER 28, 2021
  • Over one-third of world fleet could fall short on IMO CII ratings
    Data from Ship Review, a ship ESG assessment platform launched by Berlin, Germany, based Scope ESG Analysis GmbH, indicates that, based on data from 2020, more than one-third of the world fleet
  • New rail ferry completes first U.S.-Mexico round trip
    CG Railway, LLC (CGR), a joint venture between Genesee & Wyoming Inc. and SEACOR Holdings Inc., today announced that its new, state-of-the-art rail ferry, the Cherokee, completed its maiden round-trip voyage with
  • Eastern Shipbuilding cuts steel for third OPC
    Panama City, Fla., based Eastern Shipbuilding Group, Inc. (ESG) yesterday commenced construction of USCG Ingham (WMSM-917), the third ship in the Heritage class offshore patrol cutter (OPC) program. The occasion was observed
  • American Cruise Lines paddlewheelers will get a new look
    Guilford, Conn., headquartered American Cruise Lines says that its fleet of four classic paddlewheelers is to get a major redesign, refit, and rebranding. A key element will be a new interior design
  • Solstad Offshore signs up North Sea vessels for new Inmarsat service
    Skudeneshavn, Norway, headquartered Solstad Offshore ASA is to switch a number of its North Sea vessels to Inmarsat's new Fleet LTE service. Offshore vessel operators commonly buy LTE and VSAT connectivity separately,
  • Port of Savannah to add 1.6 million TEU of capacity
    The Georgia Ports Authority Board has approved more than $34 million to help expedite an additional 1.6 million twenty-foot equivalent container units in capacity that will begin coming online in December. "In

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Lloyd's Listweb site
SEPTEMBER 28, 2021
  • Cape futures make gains as spot market soars to new heights
    Backwardation will persist given uncertainty over demand linked to lower iron ore pricing and the Evergrande situation, which knocked some...
  • Newbuildings cancelled over LNG uncertainty says Opec
    The future of liquefied natural gas in marine bunkers 'remains uncertain for the time being', resulting some newbuilding orders being...
  • Scrapping of tankers in sanctioned oil trading questioned
    Tankers were part of vintage subterfuge fleet of some 160 vessels engaged in shipping Iranian and Venezuelan crude
  • Insurance sector warns retailer charters may bust cargo cover limits
    'If you charter your own ship and fill it up with your own stuff, you are going to smash through...
  • Carrier schedules in disarray as congestion and delays continue
    Containerships are being held up by port congestion in Asia, Europe and the US. With schedules viewed now more in...
  • Energy transition curbs medium-term oil demand
    Opec argues that energy poverty eradication is more important than meeting climate change targets
  • Hapag-Lloyd takes stake in Wilhelmshaven terminal
    Hapag-Lloyd had shown little interest for investing in container terminals in the past. Its stake in Container Terminal Wilhelmshaven will give...
  • Shipping feels impact of China's power crunch
    The power shortage has raised questions regarding China's restrictions on coal imports from Australia, compounded concern about stalling container freight...
  • Daily Briefing
    Tanker futures show freight rate rally on hold | Tanker market may gain from LNG's price pain | Political pledges...
  • Global oil demand to reach pre-pandemic levels in early 2022
    Orders are forecast to rise to 100m barrels per day by the end of the year or in the first...
  • Maersk sells reefer business to CIMC for $1bn
    The deal 'provides the group with the possibility of extending the refrigeration technology of marine cold equipment to other group...

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The Journal of Commerceweb site
SEPTEMBER 28, 2021
  • Vancouver, Prince Rupert ports keep fluid amid West Coast congestion
  • US truck spot rate hikes reaching further inland
  • GPA gives Savannah port late-2022 storage capacity injection
  • FourKites targets CPG brands with order analytics product
  • Jaxport kickstarts Blount Island expansion

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TradeWindsweb site
SEPTEMBER 28, 2021
  • 'We're all trying to figure this out': CLIA's Craighead on pandemic response
  • LNG prices skyrocket, but carrier rates fail to follow
  • Diana Shipping seals new panamax period deals with Aquavita
  • FSL cuts spot market exposure with sale of chemical tankers
  • International shipowners should beware the US Jones Act Enforcer
  • With rates at $200,000 per day, have containerships peaked?
  • Darrell Crate's MLEP targets 20-plus tanker fleet as it reveals $100m war chest
  • Hapag-Lloyd takes 'strategic' stake in German terminal operator
  • MOL sets up shop in India with state charters for VLCC and VLGC
  • Globus Maritime on cusp of profit as Covid-19 boosts revenue and costs
  • Havfram poised to move into wind farm vessels with next-generation newbuilding
  • SSY in talks to buy shops as hot markets fuel competition
  • Maersk sells container business MCI into China for nearly $1bn
  • World Tankers lashes out against arrest of crew on tanker seized in Indonesia
  • Platts to add Singapore and Houston to methanol price assessments
  • Harald Moraeus-Hanssen books pair of bulker newbuildings in China

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American Shipperweb site
SEPTEMBER 28, 2021
  • Can you hear me? US ports not 100% connected
    Dead spots are plaguing the flow of trade within the nucleus of their port bubbles. One wrong step at the Port of Los Angeles and...
  • Southeast US ports seek to ramp up container capacity
    The East Coast ports of Savannah and Jacksonville are adding more container capacity amid long-term plans to serve as an alternative to West Coast ports.
  • Boeing adds capacity for 767 freighter conversions in China
    Boeing is beefing up its ability to convert older 767s for dedicated cargo operations with new production facilities in China.
  • Cyberattack thwarted at Port Houston
    Port Houston officials said they successfully defended the port against an attempted hack in August and "no operational data or systems were impacted."
  • Lithium battery maker airlifts assembly line to leapfrog port congestion
    High-tech manufacturer Enovix is not outsourcing production to Asia, unlike many predecessors. Its assembly line arrived in California on a giant plane.

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The Bunker Bulletinweb site
SEPTEMBER 28, 2021
  • Brazil's ANP approves reduced royalties for small, medium producers
    Brazil's National Petroleum Agency has reduced royalty rates for small- and medium-sized producers and simplified rules for producing fuels and other refined products in a series of new resolutions aimed at making Latin America's largest economy more attractive to investors.
  • OIL FUTURES: Crude rally pauses amid profit-taking, stronger dollar; energy squeeze backstops market
    Oil futures settled lower Sept. 28 as a downturn in the US equities prompted traders to book profits following an overnight rally.
  • Marine fossil fuels to dominate by 2050, but volumes to drop: Integr8
    Fossil fuels in the marine sector are still likely to dominate the supply scene by 2050 despite tougher climate regulations, as attention shifts towards greater efficiency to meet emission targets instead, marine fuels management company Intergr8 said in a report released Sept. 28.
  • OIL FUTURES: Crude rally extends as market eyes bullish fundamentals, European energy squeeze
    Crude futures pushed to fresh highs with Brent threatening $80/b on the back of bullish fundamentals and record natural gas prices.
  • UK fuel supply crisis easing as service stations restock: fuel retailers
    The number of UK fuel stations without fuel due to delivery shortages and panic buying has fallen to about 37%, the UK's Petrol Retailers Association (PRA) said Sept. 28, down from around two-thirds of sites at the weekend.
  • Long-awaited Shenandoah start may spark more deepwater, high-pressure oil from US Gulf
    It will be 15 years between discovery and first oil at the recently sanctioned Shenandoah field when production starts in 2024. The wait may not only be worth it to new operator Beacon Offshore Energy, but if successful may open the prospect for future development of deepwater, high-pressure fields in the US Gulf.
  • OIL FUTURES: Brent pushes past $80/b as supply crunch continues
    0700 GMT: Crude oil futures continued to rally to multiyear highs during mid-afternoon trade in Asia Sept. 28, with the ICE November Brent Futures contract breaching the $80/b mark for the first time since late 2018 as supply issues persist ahead of the rise in seasonal demand.
  • BP flows first oil, gas from US Gulf of Mexico's Thunder Horse phase 2 project
    BP has flowed first oil and gas from startup of the deepwater Thunder Horse South Expansion Phase 2 project in the US Gulf of Mexico, which should increase output from one of that region's largest fields by 25,000 boe/d gross at peak, the company said Sept. 28.
  • OIL FUTURES: Crude rally fizzles on profit-taking, stronger US dollar
    Oil futures turned lower midmorning Sept. 28 as a downturn in US equities prompted traders to book profits following an overnight rally.
  • OPEC long-term forecast sees global oil demand plateauing in 15-25 years
    Accelerated momentum behind energy transition will have oil demand plateauing in about 15-25 years, OPEC said Sept. 28, revising down its forecast of how much liquid fuels the world will need in the long term.
  • TotalEnergies trims spending plans, sticks with key energy transition targets
    TotalEnergies trimmed the upper end of its near-term capital spending plans on Sept. 28 but said it remains on track to grow its LNG and renewables business to become a major low-carbon energy company.
  • OIL FUTURES: Brent breaks the $80/b mark amid supply squeeze, surging gas prices
    The strength in the oil market continues to be driven by persistent tightness, buoyed by a return of healthier demand as pandemic-related restrictions ease.
  • Port of Fujairah expecting record throughput for liquid bulk in 2021: executive
    Fujairah Oil Terminal, or FOT, the largest independent storage terminal at the port by throughput, has begun a $45 million project to connect its crude oil tanks to the port's VLCC loading facility via the Matrix Manifold 2 and to ADNO's ADCOP pipeline, in a bet on a surge in oil trading from the newly started Murban futures on the ICE Futures Abu Dhabi exchange.
  • US crude offers to Asia climb amid rising freight rates: trade
    VLCC freight rates have climbed sharply this month amid strong winter demand and as Chinese charterers snap up tonnage ahead of the country's Golden Week celebrations.
  • APPEC: Asia oil demand approaching pre-pandemic levels as recovery gains steam
    Higher demand for fossil fuels gasoline and diesel was leading the recovery in Asia, with the consumption in some countries already past the pre-pandemic levels, but weak jet fuel demand was a drag.
  • INDIA DATA: August fuel oil exports halve on lower HSFO outflows, imports decline 24%
    "We tend to export only when we have an excess," a Bharat Petroleum source said.
  • APPEC: Future of oil bright but prices may dip to around $65-$70/b in 2022: BPCL executive
    The world is in the midst of adverse climate conditions because of the overuse of fossil fuels, prompting the industry to turn its attention to high technological and capital intensive investment regimes related to renewable energy such as wind, solar power and even green hydrogen, he said.
  • Global leaders must weigh energy poverty while setting climate policies: Barkindo
    Barkindo said the current gas crisis in Europe demonstrates the risks ahead if continued declines in oil and gas investment cause market volatility, particularly if supply falls but demand does not.
  • Fuel switching in MISO accelerates into autumn on cooler weather, high gas prices
    In MISO, market share for gas in the generation stack has dipped about five percentage points in September, giving way partly to wind and nuclear, but also coal-fired power, ISO data shows.
  • South Korea-delivered Marine Fuel 0.5%S bunker fuel premium hits 3-month high on tightening supply
    The SK Energy and Hyundai Oilbank units performing maintenance in October will likely dent refinery output and tighten supply that could cause premiums to rise further, traders said.
  • Singapore gasoil-marine fuel 0.5%S spread hits 2-year high on bullish gasoil, stable LSFO
    Underpinning the widening spread has been firmer sentiment in the ultra-low sulfur diesel market with support growing due to leaner export volumes from North Asia and favorable arbitrage economics, market sources said.
  • Singapore delivered 380 CST HSFO premiums rise to 17-month high
    Industry sources said that the strong buying of HSFO by consumers in the Middle East for power generation had reduced inventories of the grade in Singapore.




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