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18 October 2017 The on-line newspaper devoted to the world of transports 07:46 GMT+2




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Sched Netweb site
SEPTEMBER 7, 2017
  • Container volume at top North American ports rises 9.1pc in July
  • UK ports' container volume in 2016 increases 4pc to record 10.2 million TEU
  • 'Incident' injures 11 dockers, forces shutdown of Prince Rupert terminal
  • Hapag-Lloyd hikes US-SA rate, levies security charge on 3 French ports
  • SeaIntel analysts give good marks to carriers on interim results
  • Hamad port opens officially, serves besieged Qatar in breaking blockade
  • Shipping industry is a prime target for growing cyber attacks
  • Mumbai container volume growth makes impressive gains in August
  • Construction begins on DP World Port of Posorja in Ecuador
  • Myanmar seeks port operator to run fast-growing box terminal
  • Startup MPC Container Ships buys six more vessels, raising total fleet to 20
  • United Cargo resumes flights at George Bush Intercontinental Airport
  • Court won't drop bribery charges against Bangalore airport customs officers
  • DB Schenker to buy Kiwi partner SB Global Logistics

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Exim Indiaweb site
SEPTEMBER 6, 2017
  • "K" Line Group collaborating on Japan's first LNG-fuelled ferry
  • Cosco Shipping & PIL in time charter agreement
  • Denmark takes step to boost tonnage
  • Financial results of container lines in 2017-Q2 show positive signs, says SeaIntel
  • HMM once again ranks high in schedule reliability
  • India & Myanmar ink maritime MoUs
  • Industry collaboration crucial for technological innovation, says MSC CIO
  • Shippers called to adapt contract strategy to changing business environment
  • Swire Shipping boosts connectivity between Asia & Australia
  • Harvey-impacted ports reopen
  • I. Jeyakumar assumes additional charge as Chairman of V. O. Chidambaranar Port Trust
  • Kandla Port & Port of Rotterdam to identify areas of cooperation
  • New Hamad Port inaugurated
  • Office of Commissioner of Customs Ns-Ii & Iv Jawaharlal Nehru Custom House, Nhava Sheva
  • India's air cargo traffic up in June
  • Commerce & Industry Minister deliberates on promoting investments, calls for paradigm shift
  • Gas seen becoming largest single source of energy

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International Transport Journalweb site
SEPTEMBER 7, 2017
  • Diesel - out, hybrid - in
  • 17% more volume for WFS in North America
  • Mixed double in charge of Copenhagen Malmö Port
  • Cargo Network: 20 years of balancing out goods flows
  • UK to launch truck platooning trials
  • Spanish ports still strong - except for boxes
  • DHL expanding on eastern and western fronts
  • (No) choice in Berlin
  • JV to operate USA - Mexico rail ferry service
  • Kössler to drive Audi logistics
  • Ports of Auckland: investing for further growth
  • Strong growth on Asian routes continues for Finnair
  • Surefreight opens new depot in UK
  • ICTSI subsidiary wins award in Australia
  • First post-quake freight services starting soon
  • Eight of the top 10 carriers now back in the black

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IHS Maritimeweb site
SEPTEMBER 6, 2017
  • New IACS chairman sets out five-year plan
  • First-of-its-kind platform aims to speed up marine insurance process
  • Subsea 7 signs contract for reel-laying vessel with Royal IHC
  • COSCO Shipping International transfers 11-year-old bulk carriers
  • Film to highlight dangers of unsafe pilot ladders
  • Triyards' woes deepen, flags potential going concern issue
  • 'K' Line studies construction of LNG-fueled ferry
  • South Korean policy banks in black as shipbuilding industry restructuring nears end
  • COSCO Shipping and PIL sign box ship swap deal
  • STX O&S' cost-cutting led to fatal explosion, says Korea Coast Guard
  • Call sizes grow in double-digits as more mega-ships hit the market
  • Mercator forges ahead with dredging, wins third contract this year
  • Tough to find takers for 'expensive' elderly Capesize

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The Loadstarweb site
SEPTEMBER 6, 2017
  • Carriers push up air freight rates as demand remains strong
  • Becalmed panamax owners need a big hike in charter rates to survive
  • Supermarket shelves full, Qatar Cargo gets back to normal, despite trade blockade
  • Shipping industry begins to see the benefits from using SERVICECON
  • Shippers and forwarders stand to gain with automated payment technology
  • Chinese firms outpace rivals in drone delivery
  • White paper: how to cut costs with automated freight payment systems
  • Whole Foods must digest discounted prices as Amazon takes control

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Marine Logweb site
SEPTEMBER 6, 2017
  • Kelvin Hughes launches latest ECDIS
  • U.K. unveils new National Shipbuilding Strategy
  • Ritz-Carlton picks ABB solutions for first ultra luxury cruise ship
  • MARAD awards $9.8 million in Small Shipyard Grants
  • Gulf Island awards Gibbs & Cox research vessel design contract
  • Meyer Turku to double investment in production capabilities
  • Eastern cuts steel for first of three Staten Island ferries
  • Gothenburg to get LNG bunkering facility
  • Denmark takes a step towards digitalizing tele-medicine

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Lloyd's Listweb site
SEPTEMBER 6, 2017
  • Panamax bulker earnings rise back above $10,000 per day on Atlantic grains
    Delays in loading as a result of Hurricane Harvey on the Texas coast turn out shorter than expected
  • Dynagas sees LNG market 'on right path'
    Year's spot fixtures on course to eclipse 2016 activity, says owner
  • US preparing for Category 5 Hurricane Irma
    Further logistics disruptions expected across southern states still clearing up after Hurricane Harvey
  • US Coast Guard closing Caribbean ports as Hurricane Irma approaches
    NuStar Energy shuts St Eustatius oil terminal
  • Korea's bill for Hanjin collapse put at $2.6bn
    Government-backed think tank urges Seoul to consolidate shipping industry
  • Data Hub: World Fleet Update
    The number of vessels in lay-up falls but carriers risk losing equilibrium if they return to the yards
  • Container shipping recovery lifts most global carriers to profit in second quarter
    Only two of the top 12 container lines, HMM and MOL, recorded losses in the second quarter to 30 June
  • Chairman Ørbeck-Nilssen rings the changes at IACS
    Membership criteria set to tighten, but no current members face expulsion under rules revamp
  • Merger accounting loss cripples CSAV bottom line
    First half net loss stood at $201.4m, compared with last year's loss of $60.2m.
  • British Ports Association welcomes Labour shift on Brexit
    Continued customs union membership 'would provide certainty for sector'
  • Seafarer charities form collective fundraising push
    Four charities to share donations from new text message initiative during LISW
  • Global box demand maintains upward trend
    Traffic on course to hit analysts' forecasts of 4%-5% volume growth in 2017
  • NYK seals deal for up to four VLCCs from two Japanese yards
    Japan Marine United and Namura Shipbuilding to construct three vessels with an option for one more
  • Berenberg buys $460m from RBS shipping book
    German bank has purchased more than $1bn in industry debt over past 12 months
  • Chris Shirling-Rooke: Maritime's Marmite man
    Mersey Maritime's chief executive is ruffling a few feathers - and that's just the way he likes it
  • Triyards shares suspended from trading as restructuring sought
    Group currently in talks with two lenders regarding overdue loan instalments
  • Zim Korea appoints new chairman
    Lee Jae-hoon steps up from role as vice-president and head of sales
  • Shipping firms have no excuse for being vulnerable to cyber attacks
    How shipping companies deal with cyber attacks will affect their bottom lines, Global Liner Shipping conference is warned
  • Last Word: Different venue, same refrain on digitalisation
    Shipping could benefit from digitalisation by becoming less of a zero sum game
  • Lack of innovation threatening container shipping
    New technology being touted by carriers was not a disruption in itself, but was merely an enabler, said Damco Asia...
  • Container shipping cryptocurrency initiative bypasses China ban
    Founder of 300cubits says ban on initial coin offerings does not apply to Hong Kong
  • Marine insurance blockchain platform launched
    MS Amlin, Willis Towers Watson and XL Catlin participate in 'ground-breaking' initiative to transact marine insurance
  • Marad awards $10m in grants to make US shipyards more competitive
    Grants of less than $1m each awarded to yards with fewer than 600 production workers
  • Cosco Shipping Lines and PIL ink time charter deals
    Charter deal worth about $18.8m

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The Journal of Commerceweb site
SEPTEMBER 6, 2017
  • Trans-Atlantic carriers stage westbound rate hike
  • US Senate leader presses FMC on detention-demurrage
  • Cosco-PIL partnership grows with dual charter deal
  • Patriot Rail: Merger with port companies provides 'bundled' service
  • Massive Chinese factory closure threatens components
  • Average ship size in port jumps double digits
  • Better productivity lifts growth at major Indian ports

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TradeWindsweb site
SEPTEMBER 6, 2017
  • Irma interrupts cruise and cargo shipping
    Powerful hurricane hitting outer Caribbean islands with US landfall expected by weekend.
  • Apex Bulk Carriers denies sale of last four ships
    US-based owner has not been without bulkers since its formation in 1998.
  • UBS: tanker revenue weakening this quarter
    Analysis of tanker traffic and rate slide suggests revenue likely to fall short of estimates.
  • Seadrill's Chapter 11 filing 'no threat to Fredriksen'
    Analysts united that pending restructuring deal will not damage tycoon's standing with investors.
  • Spot MR tanker rates give up Harvey gains
    UPDATE: Asia looking to supply Americas with clean products as major Texas refineries restarting.
  • Dynagas LNG Partners payout 'safeguarded'
    Distribution expected to remain stable as market waits on next dropdown from pipeline.
  • Orbeck-Nilssen to modernise IACS
    Newly appointed classification boss says he will bring IACS up to date with recent technology trends.
  • Mermaid ties up $12m of deals
    Thai offshore owner seals three new subsea contracts.
  • Norwegian Car Carriers fixes out second newbuilding
    Liberty Global Logistics takes in second new vessel from Oslo-based owner.
  • Maersk teams up on blockchain insurance
    Giant owner working with EY and Microsoft on secure marine platform.
  • Carnival takes a "step into the future"
    Cruise giant undertakes virtual keel-laying of first fully LNG-fuelled newbuilding
  • Dockwise to bring USS Fitzgerald back home
    Boskalis company wins heavy-lift contract for damaged US destroyer off Japan.
  • Evercore tips stocks to close gap on rates
    Jon Chappell positive on fourth quarter with 2018 market balance best in half a decade.
  • Clarksons Platou: most charterers will reject laid-up OSVs
    Industry survey reveals tough stance of oil companies towards long-term idle tonnage.
  • Mercator Lines to be wound up
    Court manager applies to end company's struggle after sale deal falls through.
  • JP Morgan projects rising profit at Clarksons
    Analyst Samuel Bland sees upside to stock and estimates for company with 20% share of global market.
  • CSIC readies restructuring agreement
    Chinese state shipbuilder says major asset deal coming soon.
  • Triyards trying to agree new delivery dates
    Singapore yard also starts talks with banks after receiving demand letters.
  • Fesco seals $875m bond restructuring
    UPDATE: Russian owner to pay $548m to secure standstill deal with holders.
  • NYK behind four VLCC newbuildings in Japan
    Two domestic yards share contracts for quartet as owner looks for tanker fleet renewal.
  • Hanjin Subic workers threaten strike
    Dispute centres on election to recognise union at the Philippines yard.
  • Gulf Marine extends MENA charter
    UAE owner also confirms two deals for offshore vessels in Middle East/North Africa.
  • Subsea 7 orders reel-lay vessel
    Kristian Siem-chaired owner picks Royal IHC yard for $200m-plus newbuilding.
  • K Line to work on Japan's first LNG ferry
    Japanese shipowner hopes to call on 40 years of experience in sector to accelerate project.
  • Triton International looks to raise $175m
    Private equity firm also plans to shed up to $25m worth of shares in container leasing company.
  • StealthGas to benefit from better market in 2018
    Next year will be a good one for Greek LPG player on back of improving rates, says Drewry.
  • Cosco Shipping and PIL seal charter pact
    Deal between Chinese giant and Singapore competitor will involve a total of 12 ships.

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American Shipperweb site
SEPTEMBER 6, 2017
  • WTO grounds EU's latest Boeing subsidy challenge
    A World Trade Organization Appellate Body rejected a case brought before it by the European Union alleging that the United States provided ...
  • Matson adds new Okinawa call to transpacific loop
    After receiving the needed permits and clearances, Matson has added a weekly service to the Port of Naha, Okinawa, the Hawaii-based ocean c...
  • Sen. Thune, AgTC urge action on 'inequitable' demurrage, detention fees
    The Agriculture Transportation Coalition (AgTC) is applauding a letter that U.S. Sen. John Thune, chairman of the Senate Committee on Comme...
  • U.S., Caribbean ports brace for Hurricane Irma
    Ports in the Caribbean and southeastern United States are bracing for Hurricane Irma, as the category 5 storm wreaks havoc on the Virgin Is...
  • Grounded drill ship towed from Corpus Christi
    A grounded drill ship near the Port of Corpus Christi, which was dislodged and pushed into the channel by Hurricane Harvey last week , has ...
  • COSCO, PIL enter into 12-vessel charter agreement
    China's COSCO Shipping Lines Co. and Singapore's Pacific International Lines (PIL) have entered into a12-vesseltime-charter agreement in vi...
  • FEMA unveils FY 2017 Port Security Grant Program recipients
    The U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) on Friday announced the recipients of the FY 2017 Por...
  • New rail cargo route links China and Iran
    Yinchuan, China and Tehran, Iran have been linked for the first time via a cargo train that began operations on Tuesday, according to multi...
  • NAFTA trade increases for eighth consecutive month
    The total value of trade between the United States and its partners in the North American Free Trade Agreement (NAFTA) - Canada and Mexico ...

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The Bunker Bulletinweb site
SEPTEMBER 6, 2017
  • TransCanada restarts segment of Keystone crude pipeline's southern leg: spokesman
    TransCanada has started up a segment of the southern leg of its 600,000-b/d Keystone crude pipeline system shut due to Hurricane Harvey, spokesman Matthew John said Wednesday.
  • Suncor prepares to start up 194,000-b/d new Canadian oil sands facility: CEO
    Suncor Energy is targeting to produce first oil in the next few weeks from its 194,000 b/d Fort Hills oil sands facility in Alberta, Canada, with 95% of construction work now being completed, CEO Steve Williams said Wednesday.
  • Prompt NYMEX ULSD at two-year high as traders eye storms
    NYMEX October RBOB fell Wednesday for the third straight session, dropping 2.58 cents to $1.6733/gal, as prices continue to fade from last week's rally alongside gasoline supply concerns.
  • Istanbul bunker premium over Novorossiisk hits seven-month high
    The gap between bunker fuel prices at Istanbul and Novorossiisk reached its widest point in over seven months Tuesday amid differing price drivers.
  • Malta bunker prices reach hit multi-month high on strong demand, rising Brent
    Bunker prices at Malta reached their highest point in over eight months Tuesday, supported by rising crude oil prices and strong demand.
  • Rotterdam bunker prices touch near nine-month high on rising Brent, demand
    Bunker fuel prices at Rotterdam hit their highest level in almost nine months Tuesday amid rising crude oil prices and increased buying interest.
  • REFINERY NEWS: Russia's Mariisky to start CDU upgrade, capacity increase
  • External: Wired Bunkering
  • VPS warns of highly abrasive bunker fuel at Fujairah, Khor Fakkan ports
    Findings were from samples taken from deliveries by two suppliers over August 17-29.
  • ANALYSIS RESEND: Benefits of Russian output cuts emerge as export blend differentials soar
    - In the west, Russian crude differentials vs Brent at multi-year highs - In the east, Russian crude differentials vs Dubai at multi-month highs - Russian crude share in Asia growing




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