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17 October 2017 The on-line newspaper devoted to the world of transports 18:57 GMT+2




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Sched Netweb site
SEPTEMBER 14, 2017
  • OOCL cancels Asia-Europe sailings for Golden Week holiday October 1-8
  • Hapag-Lloyd to levy US$5.94 per box fee for Malaysian export rollovers
  • Average ship size at ports grows 12.6pc worldwide except in Africa
  • Oakland posts best 2017 month, but August down 3.6pc to 212,692 TEU
  • Restructuring of Korea's shipping sector morphs into insolvent deals
  • Korea's Heung-A Shipping wins top on-time marks in intra-Asia trade
  • ShipServ signs MarTrust to simplify and make payments less costly
  • China blocks Oz coal imports to prop up local industry: report
  • Bangladesh gains on China's market share as top EU apparel supplier
  • CH Robinson grows, buys Montreal forwarder for US$50 million
  • London Heathrow air cargo jumps 13pc to 139,000 tonnes in August
  • China-Europe rail services cut into air cargo market share
  • Dnata cargo operations in Dubai to be digitised with Siemens software

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Exim Indiaweb site
SEPTEMBER 13, 2017
  • APL recognised for safe working practices
  • India & Ukraine discuss potential partnership in shipbuilding
  • Maersk joins BoxTech container database
  • FIEO sees emerging opportunities for Indian exporters in Korean market
  • APM Terminals to divest Zeebrugge share
  • Kandla Port berth receives largest shipment
  • New container terminal coming up at Chittagong port
  • Continental Logistics Solutions handles first TBM of Mumbai Metro Corridor 3 at Mumbai Port
  • Poland seen offering tremendous business opportunities for India
  • IFLN Group launches new IFLN Global Projects network

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International Transport Journalweb site
SEPTEMBER 14, 2017
  • TFR sets new record in August
  • Dematic to build transport system for Siemens
  • Era ends at Canada's northernmost west coast port
  • Charter service from Colombo to Columbus
  • APL pockets award for safety at sea
  • Canadian Railway recognized for its sustainability
  • Logistics - a work of art for all
  • 2,000 new trucks to modernise long haul fleet
  • Bifa expands training team
  • Green light for Corpus Christi Ship channel project
  • Saudia to Mauritius
  • Blue Water Shipping names new CEO
  • New online transport marketplace in UK
  • Malaysia Airlines orders 16 Boeing aircraft
  • DMT to build facility in Dunkirk
  • New rail destinations across new Silk Road

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IHS Maritimeweb site
SEPTEMBER 13, 2017
  • Autonomous vessels pose as many questions as they resolve
  • Seadrill files for Chapter 11, unveils restructuring plan
  • DSME sells hospitality subsidiary Welliv to Bayside PE
  • Hong Kong, UK forge shipping collaboration
  • Tanker-dredger collision in Singapore Strait leaves 2 dead, 3 missing
  • Rickmers ship fetches firm scrap price in Pakistan
  • Flammable gas, glass lamps caused STX O&S blast, says pathologist

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The Loadstarweb site
SEPTEMBER 13, 2017
  • Container lines 'jostling for market share' could start a new freight rate war
  • North-south European rail freight traffic hits the buffers after Rastatt track closure
  • Integrators and e-commerce giants a real threat to air freight forwarders
  • 100 days of the big Gulf feud: now pick sides
  • Brazil's highest court approves new graft probe into President Temer
  • Shipping looks to government for help to meet seafarer shortage
  • As Amazon pushes forward with robots, workers find new roles
  • Graeme Wilkinson joins BIFA training team

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Marine Logweb site
SEPTEMBER 13, 2017
  • DHS extends Jones Act waiver
  • Kirby completes S&S acquisition, reports on impact of hurricanes
  • Inmarsat introduces new Fleet Secure service
  • Port Everglades is open with no restrictions
  • VIDEO: ICS adopts a new brand identity
  • Ribcraft USA introduces its newest, largest model
  • MAN unveils powerful new four-stroke flag ship
  • USACE takes delivery of foil assisted survey vessel

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Lloyd's Listweb site
SEPTEMBER 13, 2017
  • Kugs das blog
    Life on the inside... the making of a maritime journalist
  • Next year will be payback year for dry cargo industry
    Better days are coming for a battered sector but the banks get to be paid first
  • Transport Bureau to assess impact of Hong Kong antitrust changes
    Secretary Frank Chan believes in Hong Kong players' ability to adjust as city remains top maritime hub
  • Sulphur cap will lead to 'outrageous' fuel prices and shortages in 2020
    Panel argues for pragmatism on expected early non-compliance issues
  • Atlantic MR tanker rates lose steam as US Gulf recovers
    Effects of US hurricanes are still reverberating through Asian long range tanker markets, says OFE
  • Decarbonisation strategy consensus remains elusive
    Panellists disagree on best way to reduce shipping emissions
  • Crude tanker market to take off by end-2018
    Owners are betting on longer-haul trades and China's strategic reserve to uphold demand
  • Wallem shuns consolidation in favour of quality
    Company sees small shipping fund managers as a growing market for shipmanagement services
  • Who will fund the Belt and Road Initiative?
    Chinese policy banks, state-owned commercial lenders and multinationals are financing Xi Jinping's grand project
  • Speak truth to power on Brexit
    Delegations to Downing Street are not enough - shipping players need to raise their voices
  • Daily Briefing
    Körtum forced out of full control of H Schuldt
  • Brexit casts long shadow over UK's £40bn maritime industries
    Update: A new analysis showing the contribution of shipping, ports and other related businesses to the UK economy forecasts sluggish...
  • Sulphur regulations offer owners bad set of options
    With just over two years to go until the 0.5% sulphur cap on fuel is introduced, owners are being forced...
  • Shipping should overcome branding scepticism, Poulsson urges
    International Chamber of Shipping launches new logo at London International Shipping Week
  • No point supporting doomed companies, says new KDB chairman
    Firms with 'no hope' not worth trying to save, no matter how important it is to save jobs, says Lee ...
  • Panamax earnings soar on improved demand and tighter tonnage
    The average Baltic Panamax Index in 2017 outperformed the supramax index for the first time since 2010
  • Ship Finance to take 30% hit on Seadrill rig charters
    Reduction in contractual charter hire will take place over a five-year period from 2018
  • NTSB schedules December meeting to determine cause of El Faro tragedy
    US transportation board to look at probable cause of vessel sinking as well as other contributing factors
  • LNG carrier spot rates poised for surge as market tightens
    Healthy gas trading volumes that have pushed spot LNG prices to their highest since July
  • Dryships commences five-year time charter deal with oil major
    Options to increase the employment period by up to three years, the company said after taking delivery of the vessel...
  • Vale continues charter contracts with Polaris Shipping
    Deal sees Vale extending existing time charter agreement for three converted Polaris vessels
  • Five missing after collision between tanker and dredger near Singapore
    No disruptions to shipping traffic in the Singapore Strait so far
  • Korean civil groups call for government investigation into Hanjin collapse
    Busan-based protest also demands that government lays out workable plans to bolster shipping industry
  • Danish investors to sue IPO banks over OW Bunker prospectus
    Institutional investors suffered $123m loss
  • Seadrill files for Chapter 11 bankruptcy protection
    Struggling offshore-drilling giant will get $1.06 billion in fresh capital
  • Jamaica and Malta ratify Ballast Water Management Convention
    There are now 65 signatories of the convention, more than 70% of the world fleet
  • Euroseas cuts deal to acquire Euromar containerships
    Nasdaq-listed owner to purchase up to four ships and buy out private equity partners in affiliate
  • Dry bulk owners enjoying a good run
    Panel members upbeat but remain cautious on future market volatility
  • Cargo industry participants call for CTU code enforcement
    Cultural change needed to ensure safer cargo stowage
  • London and Hong Kong to strengthen maritime ties
    Maritime London and Hong Kong Maritime Port & Board sign MoU to co-operate in various areas
  • Digitalisation should be a strategy issue, not an IT project
    Internal friction at companies impedes digitalisation, say panelists
  • China to remain a key demand driver for crude tankers
    The world's top seaborne crude importing nation has low oil consumption per capita and is seeing continued refinery expansion, says...

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The Journal of Commerceweb site
SEPTEMBER 13, 2017
  • US Southeast shippers grapple with post-Irma rail delays
  • XPO Logistics doubling last-mile footprint
  • Irma freight recovery hinges on fuel availability
  • Maersk joins free container weight database
  • Port Saint John gains rail service to US Northeast
  • Slack season, closed China factories inject rate volatility
  • JNPT crane productivity shines despite dwell time pressure
  • Chassis providers crack down on unpaid Chicago dray tolls

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TradeWindsweb site
SEPTEMBER 13, 2017
  • Kirby's earnings hit from Harvey and Irma
    US tug and barge owner will still be within earnings guidance but at lower end of estimates.
  • Teekay's board drops two, but adds three
    Two long-time insiders leave with financial expertise from Bain and Kattegat added.
  • Scorpio Bulkers plans $50m share buyback
    Move comes after gentle prodding from analyst about what it should do with cash.
  • Jones Act armada hits Florida in Irma's wake
    US Coast Guard sounds all clear on major ports in Florida as tankers get priority to resupply state.
  • Inmarsat launches ship cyber security system
    Maritime communications group offers vessel alert and infection-limiting product
  • Gibson: 'Keep a cap on tanker orders'
    Tanker investment window is compelling but over ordering of new ships is biggest risk today, Matthews says.
  • MP takes aim at Australia's Jones Act
    Australian politician makes push for easing cabotage laws due to high costs of domestic shipping.
  • Belt and Road is a 'massive opportunity'
    China's trade route aspirations will create huge demand for shipping
  • SOx compliance set to jack up freight rates
    But new rulings also likely to increase ship demolition and calls on bunker credit lines
  • Norddeutsche founder eyes financial partners
    Norddeutsche searches for backers to secure its future in bank-led move
  • CSIC buying stakes in DSIC and Wuhang
    Shanghai-listed group selling stock to reorganise yard assets.
  • Peter Anker cashes in $3.84m of Clarksons stock
    Broking and investment banking chief follows Andi Case and Jeff Woyda in disposing of valuable stakes.
  • Wight Shipyard wins second ferry order
    UK builder to construct passengership for Jacobite Cruises.
  • Cochin Shipyard pushes up profit
    Indian yard reveals growing earnings before it carried out $229m IPO.
  • Arne Fredly buys more Standard Drilling
    Director's Apollo Asset builds stake in distressed PSV specialist.
  • Is there a black swan in bulker recovery story?
    Top owners share recovery expectations as market gets a familiar feeling that failed to ring true in 2013.
  • Trouble ahead for boxship rates
    A year after Hanjin Shipping's departure, the container market is bracing for tough October, Alphaliner says.
  • Vroon fixes out accommodation newbuilding
    E.On takes VOS Stone for work at Arkona wind farm in Germany.
  • Cargo theft accounts for 10% of claims
    TT Club says tracking devices may eventually alleviate headache for owners.
  • Courage ditches the Marine
    Hong Kong owner changes its name as it focuses on diversification.
  • Hoegh Autoliners denies price-fixing
    South Africa accuses owner of colluding with MOL on freight rates.
  • Borr wins drilling deal off Gabon
    Tor Olav Troim-backed company sending jack-up to Africa.
  • Ship Finance takes 30% haircut on Seadrill rigs
    With restructuring deal struck done, company says it can now focus on new asset acquisitions
  • Pacific Drilling booted from NYSE
    Shares in Idan Ofer-backed deepwater drillship owner set to be traded over-the-counter.
  • Dredger capsizes after colliding with tanker
    Five crew missing following incident of Singapore's Sisters Island early on Wednesday.
  • Seadrill files for Chapter 11 restructuring
    John Fredriksen's offshore drilling company says deal provides it with five-year runway.

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American Shipperweb site
SEPTEMBER 13, 2017
  • LA's TraPac terminal launches on-dock rail management support system
    Southern California-based container terminal operator and stevedore TraPac, LLC has gone live with a new planning management system to supp...
  • USDOT, NHTSA release new guidance on autonomous driving systems
    The U.S. Department of Transportation (DOT) and the National Highway Traffic Safety Administration (NHTSA) have released new federal guidan...
  • Report: Container lines back in black in Q2 2017
    Container carriers are increasingly in the black in the second quarter of 2017, according to the latest report from London-based maritime c...
  • NTSB schedules meeting to determine cause of El Faro sinking
    The National Transportation Safety Board (NTSB) said Tuesday it plans to meet on Dec. 12, 2017 in Washington to determine the probable caus...
  • Amber Road ramps up for PGA data mandates
    The global trade management software provider Amber Road said Wednesday that has expanded support on its platform to account for the new im...
  • Ex-Im Bank assists exporters in hurricane-ravaged areas
    The U.S. Export-Import Bank will extend financial assistance to exporters and financial institutions located in the Texas Gulf coast and Lo...
  • Commerce finds subsidies in Chinese tool chest imports
    The Commerce Department has determined that Chinese-made tool chests and cabinets imported into the United States receive unfair subsidies ...
  • Port of Rotterdam Authority makes $3.58b available for barge congestion solutions
    The Rotterdam Port Authority made 3 million euros (U.S. $3.58 billion) available to fund initiatives that will ease the barge congestion an...
  • Port of Oakland has busiest TEU month in a year
    Container volume reportedly rose at the Port of Oakland last month despite the number of vessels visiting falling 12.7 percent. August 2017...

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The Bunker Bulletinweb site
SEPTEMBER 13, 2017
  • OPEC mulls adding new non-OPEC producers to output cut deal: Kuwait
  • US DATA: Product stocks plunge as Harvey knocks out refiners
    The impact of Hurricane Harvey was visible in US Energy Information Administration data Wednesday, as lost Gulf Coast refinery output yielded large draws in product inventories and a build in crude stocks.
  • Colombian government asks Ecopetrol for fuels with less sulfur content
    In a step towards national usage of fuels with less sulfur content, Colombia's attorney general, Fernando Carrillo, has asked state-run Ecopetrol to improve fuel quality in the Aburra Valley, a province in South-Central Colombia surrounded by the Andes mountains where the populated city of Medellin is located.
  • FUJAIRAH DATA: Oil product stocks down 4.2% on week at 18.983 mil barrels
    Fujairah's commercial stocks of refined oil products fell 4.2% to 18.983 million barrels in the week to Monday, remaining below 20 million barrels for a third week since large-scale refinery shutdowns in Texas related to Hurricane Harvey sent shock waves through global oil products markets.
  • Hamburg bunker fuel supplies run dry on refinery prioritization
    Buyers sourcing product from Hamburg have had to turn to other European ports as Hamburg bunker fuel supplies have run dry.
  • Gothenburg bunkering set for delays as storm intensifies: sources
    The Swedish port of Gothenburg is preparing to be battered by a strengthening storm that will cause high swells and temporary delays to bunker loadings.
  • Crude strengthens on higher demand outlook, product draws
    Crude futures rose Wednesday on a bullish demand forecast by the International Energy Agency and large draws in refined product stocks reported by the Energy Information Administration.
  • External: Wired Bunkering
  • IEA lifts 2017 demand growth number for third month in row, to 1.6 million b/d
    Hurricanes Harvey and Irma together would serve to cut US oil demand by 600,000-800,000 b/d in September, IEA said.
  • External: Marine Bunkering(Rotterdam)B.V.
  • FUTURES: Crude steady to lower ahead of expected US crude build
  • Indonesia-registered oil products tanker collides with dredger in Singapore waters
    The tanker reported damage to her starboard bow and the dredger lies partially submerged.
  • OPEC ups 2017 call on its crude to 32.7 mil b/d, 2018 to 32.8 mil
    - OPEC August output 32.76 mil b/d, first fall in four months - Saudi Arabia self-reports August output of 9.95 mil b/d - OECD oil stocks still 195 million barrels above 5-year average




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