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03 April 2020 The on-line newspaper devoted to the world of transports 09:22 GMT+2

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Sched Netweb site
MAY 19, 2017
  • CMA CGM levies Asia-Americas rate hikes from June 1, June 15
  • Hamburg Sud ups rate from Asia to Canada west coast and all US ports
  • Hapag-Lloyd to levy Shekou, Yantian, Da Chan Bay box weigh-in late fee
  • Evergreen Marine back in black as quarterly revenues soar 18.3pc
  • Panamax ship values jump on rising charter rates
  • DP World signs MOU with India to develop maritime infrastructure
  • Global Ports to boost capacity at St Petersburg to boost market share
  • Cyber crooks hit FedEx in global ransom grab that hits Windows OS
  • OECD sees stable growth in US, UK as German, Canadian GDP to accelerate
  • Solomon Islands envoy to EU leads band against shipping's CO2 emissions
  • E-commerce transforms technology that powers global supply chains
  • Singapore Changi Airport reopens terminal after fire extinguished
  • Budapest Airport cashes in on manufacturing boom with 21pc growth
  • India to develop air freight platform for domestic stakeholders
  • K+N's launches new Changi centre to expedite air freight processing

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Exim Indiaweb site
MAY 18, 2017
  • Bahri & HHI MoU aims at deploying new & improved technology, harnessing data & insights
  • Global container traffic shows impressive growth in Q1 2017
  • Gulf Petrochem Group marks first-ever bunker supply by barge at Indian port
  • JNCH's special drive for clearance of drawback claims pending under brand rate
  • Anti-dumping duty imposed on aluminium foil imports from China
  • APM Terminals Pipavav marks 1,000 days of safe operations
  • IAPH conference passes resolutions on role of ports in mitigating climate change, cyber security
  • Mansukh Mandaviya visits Kandla Port
  • China & ITC announce partnership to support Belt & Road initiative
  • Snowman Logistics' Q4 FY17 PAT at INR 3.62 cr.
  • Tariff value of various products revised

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International Transport Journalweb site
MAY 19, 2017
  • Satisfactory growth
  • Chinese reefers arrive in Rotterdam
  • Transforming road transport to push Oman's growth
  • Flying Jaguars between Birmingham and Chicago
  • Breaking ground for new sorting centre
  • ICS pushing IMO on emissions reduction
  • New sales director at Renault Trucks (Switzerland)
  • Saudia Cargo shows how to keep it fresh
  • Pahnke appointed head of sales at TFG Transfracht
  • Preparing for growth in Maghreb countries
  • Med port range extended by Spliethoff
  • Sweden: unloading minerals at high speed
  • Fair winds and following seas for Finnlines in Q1
  • UK road haulage contract lands K+N net
  • Tiaca to support Indonesia's air cargo industry
  • Waco Pakistan member receives IAG award

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IHS Maritimeweb site
MAY 18, 2017
  • Iran's steps towards self-sufficiency overshadowed by elections
  • Jolly Nero master given 10-year prison sentence
  • Tanker Investments fixes two Suezmaxes to raise fixed-rate coverage
  • South Korean court invalidates DSME's reliquefaction patent
  • Stop-work order imposed on Samsung HI again after fire
  • Seoul to upgrade 10 ports
  • How LNG aggregators and traders impact fleet efficiency

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The Loadstarweb site
MAY 18, 2017
  • Forwarders hit out at carriers revisiting fuel surcharges - 'a ploy to raise rates'
  • Fears surface over potential for congestion at major UK-EU borders, post-Brexit
  • Pass the parcel: meeting the challenges of e-commerce fulfilment
  • Agility and innovation are vital for shippers seeking true supply chain visibility
  • Container carriers must focus on strategic issues to survive
  • Blockchain builds trust in shipping with 'single version of the truth'
  • US beef can now compete with Australian products in China

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Marine Logweb site
MAY 18, 2017
  • DSME LNG carriers to have GTT containment systems
  • Australia takes wraps off Naval Shipbuilding Plan
  • ABB solution handles EU MRV emissions reporting regs
  • Tidewater files Chapter 11 bankruptcy petitions
  • Vigor wins $12.8 million T-AKE 14 contract
  • Harvey Gulf books long term contracts, grows fleet
  • Marinette Marine hosts LCS 19 keel laying ceremony

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Lloyd's Listweb site
MAY 18, 2017
  • Don't underestimate industry's C02 ambition
    MEPs fail to realise this is a global negotiation about the CO2 reduction pathway being taken by a global industry
  • Cape earnings down amid Chinese demand worries
    High iron ore stocks and steel mill shutdown in China point to fewer shipments
  • Transport industry failing to improve safety standards
    TT Club's Peregrine Storrs-Fox says lessons are not being learned from past insured losses
  • New ships help Teekay LNG Partners
    Master limited partnership secures financing to execute growth projects
  • Rickmers warns noteholders of collapse if no deal done
    No payout likely unless investors agree to planned restructuring
  • North P&I posts surplus despite Brexit headwinds
    Size of surplus shrinks as club hands back cash and Brexit takes a bite out of bond yields
  • Whisper it: Teekay Tankers and Tanker Investments could merge
    Merger would fortify both companies during this uncertain time of tanker market volatility
  • Newbuild delivery glut and tepid oil prices drag down Hafnia results
    Net profit nearly halved to $6m
  • Shipping companies highly vulnerable to cyber attacks
    Industry remains divided on merits of adopting cyber protection measures, making them susceptible to attacks, experts say
  • Tanker Investments expects 2017 fleet growth to drag down crude carrier market
    But vessel scrapping is expected to pick up in the near term amid weak spot rates and an ageing fleet
  • Qinhuangdao offloads box terminal stake to joint venture with Tianjin Port
    Group to receive about $81.2m for the stake transfer
  • Labour ministry issues partial stop-work order at SHI yard
    Move sparked by fire at facility and comes in wake of fatal crane accident
  • Indian naval forces thwart sea robbery attempt in Gulf of Aden
    Bulk carrier was en route to Port Said when it encountered would-be attackers
  • Happy in your work?
    Once, employers made seafarers pay for their own straw mattresses; today the issue of internet access for crew is becoming important in competition for the best seafarers

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The Journal of Commerceweb site
MAY 18, 2017
  • Largest ship to visit US East Coast highlights port infrastructure needs
  • Texas set to raise truck weight limits at ports
  • ILA criticizes NY-NJ port authority's rents for chassis depots
  • Tighter capacity, toll hikes to raise Russia truck rates
  • Damco shifts to river route for Bangladesh cargo
  • EU relaxes state port aid rules
  • China-Europe rail via Mongolia offers transit, cost savings
  • Radical shift in Asia sourcing pressures factories

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TradeWindsweb site
MAY 18, 2017
  • Teekay LNG scores sale-and-leaseback financing for quartet
    Analyst more confident in dividend after New York-listed shipowner secures $640m worth of financing for four newbuilding LNG carriers.
  • Skaugen wins refund from VW's MAN Diesel
    Norwegian owner sees arbitral tribune compel German company to pay around $15.5m in prolonged, bitter row.
  • The TW+ Quiz
    How much can you remember of the past months of TradeWinds news?
  • The little 'island blazing a trail for gas
    Roderick Craig discovers why a small island on Sweden's west coast is home to a cluster of fiercely independent owners pioneering a new generation of LNG-powered tankers
  • State of the Arc: Yamal's icebreaking LNG carriers
    Lucy Hine reports from onboard as the world's most advanced LNG carrier makes its maiden call on the Yamal Peninsula
  • Schulte's rising sons: Keeping it in the family
    The Schulte Group has survived 134 years as a family outfit, and Heinrich Schulte intends to keep it that way. Ian Lewis talks to the company patriarch and the sons he is entrusting with his legacy
  • El Faro: Countdown to catastrophe
    The sinking of the 40-year-old conro sparked the most detailed US casualty investigation in recent memory. Ahead of the release of the official reports, Eric Martin, who sat through the hearings and talked to the relatives of the crew, reveals the disturbing story of the doomed ship's last hours
  • Torm seeks 'belief' in products market for IPO to fly
    Jacob Meldgaard believes the tanker market still requires more positive conditions to support a successful US listing.
  • Private cash and public scrutiny put damper on US shipping IPOs
    There is more to the drought of shipping launches in the US than the poor performance of existing players amid turbulent markets. Other industries are avoiding the public route too
  • Euronav says $150m bond provides the 'right balance'
    Oversubscribed bond issue adds another pin to funding map with 'no pressure' to deploy the capital, says chief financial officer.
  • Credit Suisse loosens grip on Foresight tanker in US
  • Unibros emerges as buyer behind MR2 shopping spree
    Greek owner has purchased its first vessels since 2014 with triple buy as part of fleet renewal project
  • UK's Union Maritime to buy another MR tanker
  • Frontline and DHT governance spat in spotlight
  • European consolidation may need Far East help
    Ship finance lawyer believes Far East help needed to mid-size companies to a scale that will allow them to survive
  • 'Invest in disrupters not ships' - Seba
    Guru of disruption Tony Seba tells owners to 'put your money into companies like Google or Amazon' not more vessels
  • Shipping eyes co-ordinated cyber security to avoid tears
    IACS is making progress developing a set of maritime cyber crime standards
  • Japanese owners offer aid for Southeast Asian scrapyards
    Japanese Shipowners' Association provides support for JBU facility in Alang, India, with more aid to come - but one environmentalist group slams the country for its use of sites where workers are exposed to risks
  • Cosco scans globe for ship-finance partners
    Cosco Shipping raised eyebrows in Chinese shipfinance circles this week when it tapped a Norwegian financier to lead a major new shipping investment project and scout foreign partners.
  • Thoresen in mood for dry bulk buys
  • Rare LR3 tanker fixed by Aramco
  • VLCC sales may be turning point for big tanker market
    Buyers seek first-mover advantage in anticipation of higher prices later this year
  • Greeks and Cypriots reveal dry bulk purchases
    FCN Management, AM Nomikos and Cyprus Sea Lines snap up one bulker each in deals just made public
  • New online platform targets more S&P transparency
    VT Group's Hugo Sassen creates Shipboot and provides cyber room where brokers and owners can check tonnage availability.
  • Suezmax sales breathe new life into market
  • Nisshin sells kamsarmax bulker pair to CarVal
  • Goulandris' Hydroussa snaps up kamsarmax
  • Barska Plovidba chases replacement for scrap-bound ropax
  • Shipmanager revenues in Cyprus on way to recovery
  • Odfjell cancels LPG carriers after Nantong delays
  • Strong vegetable oil growth bodes well for small tankers
    A healthy rise in import levels after a sluggish period is expected to ease the oversupply faced by operators
  • Sinoceanic set to buy more secondhand containerships
  • Marenave lines up disposal of sole car carrier
  • J Lauritzen unveils strategy review after refinance boost
    Chief executive Mads Peter Zacho says process will see Danish owner decide where it should allocate its available resources
  • GulfMark and Tidewater chiefs to exit bankruptcy with equity
    Dilution blow for shareholders as US offshore vessel owners strike Chapter 11 deals with management incentives
  • Former Overseas Shipholding chief leaves with $3.2m severance package
  • China lessors narrow gap with banks
    Intense competition is bringing down the price of Chinese lease financing and increasing its efficiency, but not everybody is happy about the changing dynamic
  • Zero emissions electric future for elderly ferry
    Getting Turku's century-old commuter ferry fit for the 21st century meant a bespoke year-long design upgrade
  • Maersk Line expects $1bn boost from higher contractual rates
  • Positive port dynamics to give strength to Russian economy

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American Shipperweb site
MAY 18, 2017
  • Executive Moves: YRC and Baltic Exchange
    Source: Pressmaster/Shutterstock YRC Worldwide Inc. names chief financial officer, and the Baltic Exchange appoints chief commercial officer...
  • Canada's proposed Transportation Modernization Act
    The Canadian government unveiled its proposed Transportation Modernization Act, Bill C-49 , on Tuesday, sponsored by Minister of Transport ...
  • Injunction to block sale of Rickmers ships to Navios withdrawn
    A noteholder who was seeking to halt the sale of the fleet of Rickmers Maritime to Navios Maritime Partners has ended that effort, Rickmers...
  • Trump kicks off NAFTA renegotiation process
    The Trump administration sent a letter to Congress on Thursday signaling its intent to renegotiate the North American Free Trade Agreement ...
  • Cargojet profits down 40% in Q1
    Canadian cargo airline Cargojet posted first quarter 2017 net earnings of $2.6 million Canadian (U.S. $1.91 million), down almost 40 percen...
  • Yang Ming charters two new 14,000-TEU ships
    Yang Ming will charter two new 14,000-TEU containerships named at a ceremony at CSBC Kaohsiung Shipyard on May 18, the company said in a st...
  • McAleenan: Trade industry has CBP's ear
    Acting Customs and Border Protection Commissioner Kevin McAleenan, speaking Wednesday at the U.S. Chamber of Commerce's fifth annual Global...
  • Honeywell launches new shipment monitoring solution
    Industrial conglomerate Honeywell has launched a new shipment monitoring solution for high-value and perishable goods today, called Connect...
  • EU agri-food exports hit 5-year high in March
    The European Union saw agri-food export values in March 2017 jump 11.3 percent compared with the same 2016 period, according to recent data...

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The Bunker Bulletinweb site
MAY 18, 2017
  • Prompt low sulfur gasoil futures spread at parity amid NWE diesel demand
    The prompt spread has moved sharply upward over the last few weeks
  • ARA diesel, gasoil inventories down on narrow contango: PJK
    Total stocks for all oil products in the region were down 3.3% at 6.043 million mt.
  • External: Wired Bunkering
  • Saudi government can live with $40/b oil price by 2020: finance minister
    "We would not really care much whether the price was $40/b, $45/b, $50/b, or $55/b at that time [by 2020]", Saudi finance minister Mohammed al-Jadaan said in a CNN interview.
  • Port of Rotterdam plans new bunker demand data system
    The port will seek to provide a breakdown in its future data of fuel oil demand by sulfur content and viscosity, Backers said.
  • FUTURES: Oil flat amid lack of fresh cues
  • TANKERS: Elektrans Group to expand global footprint, forge alliances
    Plans roadshow to showcase LNG bunkering for India's inland waterways
  • INTERVIEW: IMO's Hughes talks sulfur cap, quashes talk of a delay
    IMO to request ISO consider 0.50% fuel specifications
  • TANKERS: WAF VLCC rates soft due to weak China buying, slow Persian Gulf market
    The lower Chinese demand has placed downward pressure on Angolan differentials and made these barrels more attractive to European refiners.

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