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18 July 2018 The on-line newspaper devoted to the world of transports 22:34 GMT+2

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Sched Netweb site
SEPTEMBER 25, 2017
  • Asia-Europe rate falls 4.6pc to US$734/TEU, off 6.4pc to USWC
  • MSC, Hapag-Lloyd revamp MED-ECSA service
  • MSC to take up 2nd 11,000 TEU Seaspan newbuild on 17-year charter
  • No crisis coming in container shipping: CMA CGM's boss Rodolphe Saade
  • HMM stands alone in failing to secure higher rates in Q2
  • Spike in larger marine insurance claims worldwide
  • Maersk looks to provide end-to-end supply chain services in India
  • Deeper port needed in Yangon to become a logistics hub in Asia
  • GAC announces key IT appointments to drive strategy
  • Hong Kong authorities investigate near miss at HKIA
  • International cargo demand drives Asian airlines' growth
  • Panalpina wraps up acquisition of Air Connection in Kenya's perishables market

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Exim Indiaweb site
SEPTEMBER 24, 2017
  • Asia-ECSA spot rates drop driven by capacity injections
  • SARJAK crowned 'NVOCC of the Year - Special Equipment' at MALA 2017 for sixth consecutive year
  • Coal imports down
  • Haldia Dock Complex bags two National Safety Awards
  • DHL Express announces 2018 rate adjustments
  • NITI Aayog & IRF Geneva sign Statement of Intent to cooperate in the field of Intelligent Transportation Systems
  • Call for reinstating duty drawback rates
  • Finance Ministry clarifies on blockage of working capital of exporters post-GST
  • New duty drawback rates notified
  • Notification regarding GST rate for branded cereal, pulses & flour
  • Steps being taken to boost exports
  • Foreign Trade Policy scheduled to be revised soon-A challenge to the new Minister of Commerce & Industry

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International Transport Journalweb site
SEPTEMBER 25, 2017
  • CSX restores service in Florida
  • On track with 10,000th locomotive order
  • Action on all fronts at Noerpel
  • IT twins' new responsibilities at GAC
  • NYK opts for IoT technology
  • Intrepid delivers second B747-8F to ABC
  • New rail logistics concepts coming soon for Westphalia
  • Delays in France from today
  • Bolloré inaugurates new hub
  • New CFO for Latin America at BDP International
  • Four new Unilode repair centres
  • UK: new rail depot replaces 10,000 trucks
  • Circle carries message of hope to Romania
  • New capacity busts rates on Europe-Asia trade lane
  • 4 + 40 new Dreamliners ordered by JAL and Turkish
  • Tiaca welcomes new board members from Africa and Asia

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IHS Maritimeweb site
SEPTEMBER 22, 2017
  • China's Minsheng plans to expand shipping portfolio
  • Japanese iron ore import trade gets new type of bulker
  • IMS Group buys assets of failed Oceansaver
  • DEME ship grab thwarted by Basque police at LaNaval shipyard
  • Singapore starts discussions on biofuel use in shipping
  • HMM's containers relabelled
  • Ex-banker Elias Sakellis joins Borealis Maritime
  • Iain Ross replaces Oscar Spieler as Golar LNG CEO
  • KDB's new chief defends DSME bailout
  • Brightoil offers nine-month forward contracts on bunkering platform
  • Catastrophic hurricane strike on Puerto Rico hits shipping

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The Loadstarweb site
SEPTEMBER 22, 2017
  • First direct threat to jobs as Schiphol cargo flight slot cuts begin to bite
  • New arguments for and against use of longer semi-trailers on UK roads
  • Asia-Europe spot rates still under pressure as slack season looms
  • Gatemore stumps up £2m to help push DX Group back into the black
  • Analysis: to IPO or not to IPO, that is the question for CMA CGM
  • Port of Virginia aims to have channels deeper and wider than LA
  • Freight start-up Flexport soars from 'unsexy' to $800m valuation

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Marine Logweb site
SEPTEMBER 22, 2017
  • Trump targets ports, shipping in new North Korea sanctions
  • Saga Cruises orders second ship at Meyer Werft
  • Songa Bulk sells a Supramax, buys a Capesize
  • Evac names new President, Offshore and Merchant
  • Samsung Heavy develops new LNG FSRU regas system

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Lloyd's Listweb site
SEPTEMBER 22, 2017
  • Daily Briefing
    Power play, politics, and prickly personalities
  • Ocean Rig emerges from restructuring
    George Economou-led drilling company back 'on a firm footing'
  • Egypt looks to Africa's deep south to solve grain import pressures
    Shipping and politics are brought together by grain in Egypt, where pressure on availability of arable land and on prices...
  • VLGC rates hold on to recent gains as US exports return to normality
    Earnings should see a recovery into 2018 and 2019, says DNB
  • Singapore seeks global talent to bolster maritime status
    Authorities required to also continue to ramp up efforts to bring more Singaporeans into the maritime sector, says industry advisory...
  • More spot rate sorrow for carriers
    Latest SCFI shows transpacific and Asia-Europe rates losing ground
  • Polaris confirms orders for 10 VLOCs from HHI
    Final contract likely to be signed within the month, says spokesperson for South Korean shipowner
  • Samsung Heavy Industries in talks with MSC over 22,000 teu newbuilds
    Shipyard source says SHI negotiating to build six of 11 ultra large boxships for MSC, with Greek shipping line confirming...
  • Pilot cutters at Australia's Jackson and Botany ports to be hit by strike next week
    Industrial action related to ongoing negotiations over a replacement enterprise agreement for union workers in Sydney
  • Shipping may gain from Mexico grain pain
    Bulker owners are best positioned to benefit from changing Nafta regulations that could create new demand
  • Höegh's St'hle: Bullish strategy has been vindicated
    Sveinung Støhle goes long on emerging economies and puts his money where his mouth is
  • Rotterdam port and city authorities unveil blockchain field lab
    Port and city officials will jointly finance BlockLab
  • European ports ask EU for more infrastructure funding
    Over $900bn needed to complete the core component of the Trans-European Transport Network by 2030
  • US tightens sanctions against North Korea
    Donald Trump's executive order gives US Treasury expanded authority to limit North Korean economic activity including that of ports and...
  • LR tanker markets still bullish on Harvey and floating storage
    MRs recover in Atlantic with Mediterranean strength but may slow down in Pacific

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The Journal of Commerceweb site
SEPTEMBER 22, 2017
  • In spite of CSX pledge, intermodal shippers say service woes persist
  • Trans-Pacific spot rates drop on new loader capacity
  • US intermodal rail automation faces steep challenges
  • TOTE obtains Honolulu terminal for planned Hawaii service
  • Fines, disruption follow in wake of Log-In accident
  • India exporters get month reprieve on RFID sealing tags
  • Russian shipper fears grow of increased port tariffs
  • Weak demand saps Asia-Europe rates ahead of Golden Week

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TradeWindsweb site
SEPTEMBER 22, 2017
  • Phone call to report crash led to second tanker hit
    US report finds Reederei Nord master distracted as aframax hit side again.
  • Arctic sticks a buy on Scorpio Bulkers with dividend ahead
    Analyst Andreas Wikborg believes owner will be at the head of the peer group when payouts resume.
  • Songa Bulk confirms cape buy as supramax is shipped out
    Songa Bulk is booking a $2m profit on selling the 59,000-dwt Songa Marlin (built 2009) at the same time as it confirmed the addition of a third capesize. The Songa Marlin has gone to an undisclosed buyer for $13.85m. It was bought last December from Japan's Kambara Kisen for $11.85m. TradeWinds reported yesterday that Songa was closing in on the purchase of the 181,300-dwt Cape Claudine (buil
  • Hanjin Heavy strike fears 'unwarranted'
    Analyst says new tanker orders likely to persuade staff from walking out.
  • DFDS spends $69m on bond buyback
    Danish ro-ro group launched repurchase after increasing profit.
  • Incat plots Tasmanian ferry service
    Tasmanian yard wants to build ship for mainland run by the end of 2019.
  • Bergen Group merges with offshore unit
    Norwegian maritime services group simplifying its structure.
  • Technomar takes two more bulkers
    Greek bulker and containership owner Technomar Shipping continues to expand its fleet and has acquired two Chinese-built panamax bulkers from German interests. Sources say Technomar is buying the Jiangsu-built 79,000-dwt Selandia (built 2011) and Burgia (built 2010). A price of $26.7m en bloc is mentioned. Technomar managers were not available to comment on the information. The price appears
  • Polarcus plucks survey contract in Asia Pacific
    Oslo-listed owner to carry out 3D broadband work in fourth quarter.
  • Danske Bank analyst downgrades Frontline amid cloudy forecast
    A somber outlook for the tanker market has led Danske Bank to downgrade shares in John Fredriksen's Frontline. Anders Karlsen, a veteran analyst who returned to the bank this summer, has dropped the tanker giant from buy to sell. He has also set a lower target price of NOK 39 ($4.6) per share for the Oslo and New York-listed shipowner. Karlsen replacing Roed at Danske Bank It came as Danske r
  • Lukoil selling Litasco as it fights Palmali suit
    Russian oil group to offload trading and chartering arm facing $2bn tanker claim.
  • Subsea 7 bosses share $24m in stock options
    Incentive plan sees CEO Cahuzac and others share in performance hand-out.
  • Toda Kisen orders LPG double
    Japanese owner opts for Sasaki Zosen for gas fleet expansion.
  • Maersk Line seals $200m US military deal
    Contract could see Norfolk-based firm manage seven ro-ro vessels for up to five-and-a-half years.
  • Singapore plans biofuels pilot project
    BHP and GoodFuels to collaborate on green fuel study with support of Maritime Port Authority.
  • Malaria kills two aboard Greek bulker
    Panamanian and Filipino reported dead despite valiant efforts of South African rescue services.

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American Shipperweb site
SEPTEMBER 22, 2017
  • Euroports expands, upgrades Antwerp sugar shipping terminal
    Netherlands-based port terminal operator Euroports has finished the renovation of its dedicated sugar terminal in Antwerp, Belgium, just in...
  • Port of Corpus Christi still under restrictions from Hurricane Harvey
    The Port of Corpus Christi is still operating under restrictions nearly a month after Hurricane Harvey , according to the U.S. Coast Guard....
  • Ports closed, cargo delayed as Hurricane Maria causes widespread destruction in Puerto Rico
    Hurricane Maria has devastated the island of Puerto Rico, making landfall on the U.S. territory just weeks after Hurricane Irma skirted the...
  • OECD data adds fuel to NAFTA origin rules debate
    Newly released data from the Organization for Economic Cooperation and Development (OECD) has allowed U.S. Commerce Department analysts to ...
  • Port of Virginia makes headway on channel expansion plans
    The U.S. Army Corps of Engineers has officially backed a rough draft plan to deepen the Port of Virginia's main shipping channel from 50 fe...
  • SCFI declines 5%
    The Shanghai Shipping Exchange's Shanghai Containerized Freight Index (SCFI) fell 5 percent since last Friday's reading of 774.60 to a read...
  • UPS aircraft mechanics request release from mediated contract negotiations
    Approximately 1,300 employees who maintain UPS' air fleet filed a new request with the National Mediation Board (NMB) Thursday, asking to b...
  • WTO raises 2017 growth forecast as global trade accelerates
    The World Trade Organization (WTO) has upgraded the estimate for growth in world merchandise trade volume in 2017 to 3.6 percent, up from t...
  • Port of Portland to upgrade marine terminal security systems
    Oregon's Port of Portland plans to use a $1.25 million grant from the U.S. government to upgrade marine terminal security systems, the port...

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The Bunker Bulletinweb site
SEPTEMBER 22, 2017
  • FEATURE: How should US determine Strategic Petroleum Reserve size?
    After administration pushes selloff, Secretary Perry backs SPR, Import cover no longer seen as proper metric for size, Changing risks, shale's unclear path underscores stockpile need.
  • RUSSIA DATA: August fuel oil exports down 20.3% on year at 3.01 mil mt
    Russian fuel oil exports in August fell 20.3% on the year to 3.01 million mt.
  • Singapore 380 CST cash differentials at three-month high on tight supply
    Singapore 380 CST high sulfur fuel oil cash differentials rose to a three-month high Friday.
  • Istanbul bunkers reach nine-month high over Novorossiisk
    S&P Global Platts assessed 380 CST high sulfur fuel oil at the Turkish port at $350/mt delivered Thursday, a $5/mt rise on the day and its highest since January 17.
  • External: Wired Bunkering
  • ANALYSIS: Iran's ultra-light crude exports to Asia set to remain strong in Q4
    - South Korea eyes 250,000 b/d of South Pars condensate in Q4 - South Pars condensate still seen cheaper than rival Qatari grades
  • OPEC/non-OPEC committee to discuss exports monitoring mechanism
    - Not all members on board with tracking exports for compliance - Kuwaiti minister says it's too early to consider extending cuts - Novak sees current oil price between $50-$60/b as 'fairly good'
  • FACTBOX: What happens to Iran sanctions freeze if Trump wants to leave deal
    - Congress or White House could reimpose Iran oil sanctions - Analysts debate impact of US-only sanctions on oil market - Iranian crude could again shift to Asia, away from Europe

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