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31 March 2020 The on-line newspaper devoted to the world of transports 14:24 GMT+2

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Sched Netweb site
APRIL 7, 2017
  • Ningbo-Zhoushan port Q1 box volume up 9pc to over 6m TEU
  • Incheon box volume up 15pc to set new record in February
  • Fire continues to rage on containership, MSC Daniela, near Colombo
  • Sinking of the Stellar Daisy with 22 crew members missing : questions raised
  • HK's Cido Shipping sells 2 boxships to Arkas reportedly for US$19m
  • Anglo-Eastern Shipmanagement opens office in Shanghai
  • Singapore extends port dues rebates for transshipped vehicles
  • JNPT awards US$266m dredging project contract
  • Pirates hijack Indian vessel off coast of Somalia
  • China's carriers poised for biggest profit
  • BOC Aviation purchases two B747-8 freighters, ABC to lease aircraft
  • UPS commences Lithuania-Cologne service with later collection times

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Exim Indiaweb site
APRIL 6, 2017
  • Cabinet approves MoU between India & Bangladesh for fairway development of Ashuganj-Zakiganj stretch of Kushiyara river & Sirajganj-Daikhawa stretch of Jamuna river in Indo-Bangladesh protocol route
  • London P&I Club issues guidance on reducing risk of bulk cargo liquefaction
  • Wheel & Time achieves a new high by securing & successfully executing 6 back-to-back heavylift operations in India
  • Zeaborn acquires MPP heavy lift vessel
  • JNPCT registers impressive growth in JN Port's new high of 4.5 m TEUs in 2016-17
  • NMPT handles record traffic
  • Strike threat at Major Ports from April 19
  • RBI keeps repo rate unchanged, raises reverse repo
  • New FIEO President Ganesh Kumar Gupta sees $ 500 bn of total exports in 2017-18

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International Transport Journalweb site
APRIL 7, 2017
  • Rates at the level of 2014?
  • A passionate approach
  • Improving road link to facilitate trade in Africa
  • Digital freight platform under starter's orders
  • Russia and Iran join forces for rail electrification
  • USPA awakens global interest in port infrastructure projects
  • Danish Shipowners' Association appoints man in Brussels
  • Wizz Air to fly between A(stana) and B(udapest)
  • Credit to overcome a bottleneck
  • SCT banking on alliances
  • Japanese multi places big railcar order in North America
  • Saimi selects Vanessa Davidson as deputy CEO
  • Air Baltic flying to third Russian destination
  • BLG Logistics rising high in 2016
  • Tanzania - Burundi in four days
  • Inauguration of iron ore facility in South America
  • UPS more than doubling Kaunas - Cologne capacity
  • Hamburg recruitment agency welcomes new partner

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IHS Maritimeweb site
APRIL 6, 2017
  • NordLB slumps to EUR2 billion loss
  • Liner shake-up hits Eurogate
  • Is Big Data all it's cracked up to be?
  • Dearth of funding hampers progress in Indonesia maritime reform
  • International Gas Union: more but shorter LNG voyages in 2017
  • Tiered refund guarantees for DSME from policy lenders, commercial banks
  • HMM to order VLCCs this month
  • South American countries deploy warships to search for Polaris VLOC
  • Jinhui sells last Handysize bulker
  • Singapore's LNG ambitions: pipe dream or tactical move?

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The Loadstarweb site
APRIL 6, 2017
  • Container shipping 'must reinvent itself' for the digital age - Damco looks ahead
  • Growth of Amazon gives UK warehousing sector a real shake-up
  • Cargologicair set for expansion as third freighter arrives, but takes it steady
  • Global shipping fleet braces for chaos of $60bn fuel shock
  • Israel proposes freight rail link to Saudi Arabia via Jordan
  • EASA issues safety warning over portable electronic devices on aircraft

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Marine Logweb site
APRIL 6, 2017
  • International e-Nav standards come a step closer
  • Another former ST Marine exec gets jail term
  • Citywide Ferry gets renamed, will launch a month early
  • ClassNK eCertificates authorized by Liberian Registry
  • Vittoria Shipyard wins its first tugboat orders
  • Harley Marine completes 15,000 nautical mile delivery tow

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Lloyd's Listweb site
APRIL 6, 2017
  • Navios Maritime Partners adds two 10 year-old panamax bulkers
    Vessel acquisition follows recent $100m fund raiser
  • Kamsarmax and supramax have better prospects than capesize, says Noble
    Capesize is too risky as Chinese demand for iron ore will wane, says head of global freight Michael Nagler
  • Nord/LB losses climb to $2bn
    Shipping loss provisions surpass $3bn as bank looks to slash exposure to industry by $3bn by 2018
  • Intercargo calls for Stellar Daisy probe
    IMO also expects full investigation as 22 seafarers remain missing
  • Stolt Tankers to go it alone then find a partner
    Tanker operation will become standalone company, then buy or merge with another company, as consolidation takes hold across the tanker industry
  • New tonnage and Australian force majeure cloud cape outlook after 20% earnings drop
    Chinese imports of iron ore may slow amid high stockpiles and a falling price
  • Somali piracy threatens to escalate
    Industry could be a few steps away from discovering whether it remains prepared for pirate threat
  • Early Chinese New Year dents February's Asia-Europe traffic
    But volumes through the first two months of the year measure up with 2016 levels
  • Pacific Basin eyes opportunistic deals in the secondhand market
    Rationally, people should buy companies rather than ships, says chief executive
  • S-Bulkers seeks expansion in dry market
    Small Greek tanker operator bought two bulkers in last five months that have appreciated in value
  • Cargill's dry freight unit folds in clean tankers
    Chartered tankers retained following sale of energy unit to Macquarie
  • Stolt-Nielsen's profits tumble 50%
    First-quarter rates hit as downward slide in chemical tanker market continues
  • Gender pay gap reporting legislation comes into force
    Companies with over 250 employees must publish details on pay inequality within 12 months
  • Korean pension fund to decide on DSME's financial aid plan next week
    But financial authorities have a back-up plan ready if all else fails
  • Jinhui to offload its sole handysize vessel for $15m
    Vessel to be delivered to buyer by June 15 this year
  • Pioneer Marine books narrower full-year loss for 2016
    US and China factors to support the dry bulk market, says chief executive Pankaj Khanna
  • Majority of creditors support Ocean Rig restructuring plan
    Group has enough votes to proceed with the next steps in financial restructuring
  • Mercator Lines inks deal for reverse takeover
    Move to allow shareholders and creditors to recover some assets
  • Who is king of the shipyards?
    It is a toss-up between China and Japan as standard ships may no longer be built in Korea within five years
  • Change hopefully happens
    After the loss of Stellar Daisy with 22 seafarers, we might hope there will be an eagle eye cast over similar conversions and a tightening-up of structural inspection
  • Carriers blame unseasonal demand for European exporters' woes
    Spike in backhaul Asia-Europe has caught lines off guard, as ESC holds meeting to address crisis

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The Journal of Commerceweb site
APRIL 6, 2017
  • SE Asia footwear sourcing shift stresses supplier links
  • Cascading of bigger ships challenge ports, BCOs
  • Wan Hai bucks industry trend with 2016 profit
  • E-commerce offers carriers opening to serve smaller BCOs
  • Maersk taps river route for Bangladesh exports
  • Lack of funding hampers Indonesia's Sea Tollway
  • Indian authorities try to avert nationwide strike

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TradeWindsweb site
APRIL 6, 2017
  • Minerva moves on BWMS as it pens 'milestone' deal with Wartsila
  • CTM buys panamax at new $13.8m benchmark
  • Arkas snaps up boxships in first deal for over year
    Expanding Turkish outfit purchases two 2,800-teu secondhand units for around $9.5m each to take its fleet to nearly 50 vessels
  • Speed blamed for grounding of German MPP ship
  • Turkey signs up to Hong Kong Convention
  • Allegations threaten NGOs Mediterranean operations
    Merchant shipping could be thrown back into the frontline of the migrant crisis following claims non-government organisations (NGOs) are involved in crime
  • Market recovery set to keep restructured companies going
  • Back to future sees Seaborne call dry bulk market nadir
    Greek financial firm's use of 46 years of past market cycles justifies forecast from a year ago that the market slump was nearing an end in the first quarter of 2016
  • Fears mount for compensation setup after $1bn Prestige ruling
    Uniform approach to conventions will 'greatly reduce the risk of volatility'
  • Cefor study confirms that reactivated boxships yield more claims
  • No link seen so far for hibernating offshore vessels
  • Aage Remoy looks to expand after taking control of Vestland
  • Clarksons Platou spots potential for owners to branch out into wind farms
  • Demand pick-up will lift rig rates despite ongoing idle fleet levels
  • Gallows humour on show but optimism wells up too
    Many in offshore never lost their humour, even in the depths of the crisis, but now Fearnley Offshore Supply and many of its clients are seeing some positive signs
  • Arc7 LNG shipowners view first of 15 in a new breed
  • SCF takes its know-how in ice to the next level
    Arrival of first vessel brings Yamal LNG's impending start-up into sharp focus
  • AET swoops on SHI LNG fuelled aframax design
  • GTT launches VLGC containment system
  • Hoegh expects to surpass 2019 FSRU target
    Company is sitting on a string of options to building floating regasification and storage units (FSRUs) at two competing shipyards
  • Period charters return as shipowners see signs of recovery
  • Is surge in new alliances set to run out of steam?
    Does this week's launch of THE Alliance and the Ocean Alliance mark the beginning or the end of the charter market rally?
  • Seago delays delivery of newbuildings
  • Shipping is wary of 2020 sulphur cap but it could have an upside for tankers
    Shipowners are used to regulations moving markets - particularly in the tanker sector - but the new emission rules may have unexpected consequences, writes Tim Smith, senior analyst at MSI
  • US-to-Europe ethane trade has proved viable - Ineos shipping boss Thompson
    Competitors set to use Ineos' seaborne supply chain after boss' vision bears fruit
  • Kvalheim hails Champion result in tough markets
  • Japan's Iyo Bank targets foreign shipowners
    Traditional ship finance lending in Ehime prefecture is contracting, forcing Iyo to become the first regional Japanese bank to go abroad in search of foreign owners
  • United Ocean rapidly sells modern bulker
  • Dayang's 'shadow' supramax orderbook comes to light
    Vessel orders that were cancelled or abandoned may yet hit the water as prices improve
  • Low VLGC charter deal at odds with rising spot rates
  • Varun gas ships are delayed while crews wait to be paid
  • Idling of four vessels may have contributed to spike in freight rates
  • Portuscale cruise veterans put on the demo block
  • Union Maritime buys tankers from Marenave
  • Songa poised to list on Oslo's Axess as it increases fleet size
    Norwegian firm buys more ships as it eyes moves towards Oslo Stock Exchange listing
  • Odfjell boss Morch takes home vast sum
  • HNA's interest in HSH highlights Chinese appetite for shipping risk
    Industry's potential bright future exhibited as US private-equity group also bids for German bank
  • Pillarstone era begins at Premuda
  • JP Morgan fund is linked to PIL capesize bulker
  • Pioneering LNG bunker vessel prepares to enter history books
    Purpose-built ship completes 37-day journey from South Korea to new home port of Zeebrugge and is poised to swing into operation next week
  • NSA is cutting costs to face offshore crisis
  • Korea Maritime bulker secures firm sale price
  • Turkey's Gulnak set to cash in with sale of youngest ship
  • New Times plots return to VLCC fold with Dynacom Tankers deal
    Chinese shipbuilder in close discussions with Dynacom for up to eight VLCC newbuildings
  • Samos offloads money-making aframax for $21m
  • Waruna snaps up tanker from Torm for $7.9m
  • Marfin sells vintage bulker for firm $4m
  • Vitol snaps up Kyklades tanker duo
  • Stellar Daisy tragedy throws converted VLOCs into spotlight
    Safety checks are being lined up to test the structural integrity of series of oil tankers converted to very large ore carriers after major loss in the Atlantic claiming 22 lives
  • Sinking could hit Polaris' flotation plan
  • Judge urges Highland to co-operate
  • SPIL buys JP Morgan boxship

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American Shipperweb site
APRIL 6, 2017
  • Commentary: Near sourcing isn't a trend; it's a strategy
    Near sourcing, in-sourcing, and regional sourcing all mean the same thing: moving a business' operations closer to where the end products a...
  • Corpus Christi cancels plan for container terminal
    Port of Corpus Christi officials said Wednesday they had determined that a planned container facility at the La Quinta Trade Gateway is no ...
  • Port of Vancouver, Wash. sets new tonnage record in 2016
    Source: Port of Vancouver The Port of Vancouver, Wash. said grain was its largest export by volume in 2016. The Port of Vancouver in Washin...
  • Record penalty assessed for Jones Act violation
    Furie Operating Alaska, an oil company that had arranged the shipment of an oil drilling rig from the Gulf of Mexico to Alaska on a Chinese...
  • Salerno Container Terminal gains three new container services
    Salerno Container Terminal (SCT) in southern Italy is a port of call for three new container services, which has resulted in its new 20 mil...
  • Ag groups oppose air traffic privatization plans
    A coalition of rural agricultural and aviation industry associations is asking Congress to rethink a provision in President Donald Trump's ...
  • North Atlantic shipping lanes plagued by hundreds of icebergs
    North Atlantic shipping lanes have been inundated with more than 400 icebergs over the past week, forcing ships to slow to a crawl and take...
  • ARRC posts $4.4m loss on falling freight volumes
    The Alaska Railroad Corp. (ARRC) posted a $4.4 million loss for the full year in 2016, compared with a profit of $10.9 million the previous...
  • Trucking operators urge Congress to increase infrastructure investment
    Two prominent members of the trucking industry are urging Congress to increase investment in the nation's ailing transportation infrastruct...

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The Bunker Bulletinweb site
APRIL 6, 2017
  • BFOE crude floating storage steady on week
    According to cFlow, Platts' trade flow software, there are about 4.6 million barrels of BFOE crude being held in floating storage in the North Sea
  • ARA fuel oil inventories fall amid stronger April demand
    Since March 2016, fuel oil stocks in the ARA refining hub have increased by 24%, reflecting closed arbitrage opportunities to Asia.
  • External: Praxis Energy Agents S.A
  • External: Wired Bunkering
  • TRADER NOTE: Former Trafigura fuel oil trader joins Socar Trading Singapore
    David was with Trafigura for 13 years.
  • FUTURES: Crude remains lower on US stock build, despite OPEC cuts
  • March volumes on Platts Asia HSFO cargo, swap MOC fall short of historic highs
    Market anticipation had been high for March

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