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31 March 2020 The on-line newspaper devoted to the world of transports 14:34 GMT+2

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Sched Netweb site
APRIL 26, 2017
  • Vessels transiting Panama Canal today must use light bunker fuel
  • HPH Trust Q1 profit off 70pc to US$21 million, but revenue loss falls 12pc
  • Still below 5-year average, but rates up 102pc over last year, says Drewry
  • Japanese March exports up 12pc in midst of uncertain economic recovery
  • King Abdullah Port now 98th biggest as new berths up capacity
  • ICTSI to build a container ro/ro terminal in Manila Bay
  • Thames cargo traffic to swell to 80 million tonnes in 20 years
  • XPO drivers win US$855,285 from boss in misclassification ruling
  • ESA satellite data on currents makes ships faster, more fuel efficient
  • IAG Cargo's 'Critical' tops 1,000 shipments in 6 months
  • Voyageur Aviation converts first Dash 8-100 freighter
  • Air France-KLM and Fermac Cargo fly African mangoes to Europe

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Exim Indiaweb site
APRIL 25, 2017
  • Freight rates on the brighter side
  • Milaha reports net profit of QR 236 m for Q1 2017
  • Yang Ming updates on financial status, recapitalisation in customer advisory
  • Development of strategic Chabahar port progressing well, says Gadkari
  • Major Ports on an all-round growth path
  • MbPT's pay & park facility at Carnac Bunder inaugurated
  • Highlights of Railways' new freight terminals under Mission Hundred & high axle load steel coil carrying rake
  • 'Make in India' seen creating new opportunities for energy & commodity sectors
  • Amendment in Standard Input Output Norms A-39 under Chemical & Allied Product Group
  • Concern expressed on e-commerce being misinterpreted in GST

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International Transport Journalweb site
APRIL 26, 2017
  • Growing oil and gas sector aids forwarder
  • Breakdown service for Alltrucks Netherlands
  • Kale calls for multimodal digital cargo communities
  • First balance sheet for PLA's green discount
  • Rail investments increase after record Q1
  • Turkish-Dutch cooperation for further growth
  • German service provider sets up shop in Ireland
  • Port Manatee to continue US-Mexico service
  • Avolon now world's third largest aircraft lessor
  • Lamprecht opens eighth office in USA
  • Yusen tables major expansion plans
  • Purse strings open wide for US railfreight system
  • First A350 for Asiana
  • Capacity lack on Europe-Asia trade lanes "dramatic" says...
  • Dual appointments to MSC UK's board of directors
  • Waco System grows global footprint again

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IHS Maritimeweb site
APRIL 25, 2017
  • Defects found prior to deadly bulker explosion
  • James Fisher extends bareboat charter of FSL tanker trio
  • Impact of new alliances on terminal tariffs could be overstated, says HPH Trust CEO
  • Container shipping's recovery seen to continue on better fundamentals
  • Beware of dry bulk's false dawn, BIMCO warns shipowners
  • Banks agree on refund guarantees for DSME
  • Ezra Holdings misses interest payment on bonds
  • Singapore, Denmark, Norway promote shipping e-certificates
  • SM Line orders containers from CIMC
  • Polaris Shipping to issue USD26.5 million of bonds
  • Bulkers still being bought at frenzied pace

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The Loadstarweb site
APRIL 25, 2017
  • On course for recovery or more ocean freight rate chaos? Opinions divided
  • Carriers on a high as air freight rates climb again - a rare March increase
  • Lines seem 'indifferent' to shipper problems as new alliances settle in
  • Containerships being diverted to avoid congestion at port of Shanghai
  • Walmart to cut a billion tons of supply chain emissions by 2030
  • Alitalia risks collapse after airline staff reject restructuring
  • Semih Kutlug takes over from Mike Duggan as Saudia's chief of charters
  • Dachser buys 80% stake in Ireland's Johnston Logistics

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Marine Logweb site
APRIL 25, 2017
  • Damen Yichang launches TSHD for Australian customer
  • Ample vessel supply makes Drewry bearish on LNG rates
  • BWMS: Why bulkers are different
  • UPDATE: Second death in bulker explosion
  • NASSCO gets another $7.9 million for LCS work
  • Austal delivers first Cape Class patrol boat

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Lloyd's Listweb site
APRIL 25, 2017
  • Concordia forecasts weak spot earnings for product tankers this year
    High product stocks and newbuilding deliveries still weigh on rates, says Kim Ullman
  • Supramax bulkers slip in subdued week in Pacific
    But the US is hot, with a spot fixture to Asia seen at $24,750 per day
  • The future is automated shipbuilding and modular unmanned ships, says Rolls-Royce's Levander
    The first unmanned tugs will hit the water in 2020, with remote and autonomous technology making shipping safer and more effective
  • Can old shipping embrace new technologies?
    The industry is moving at a slow pace, but change is on its way
  • West Africa leads suezmax rally with earnings up 49% on week
    Owners ride on Nigerian exports as VLCCs seen as becoming too expensive for some charterers
  • Box shipping revival too early to call
    BIMCO report highlights the need for a sustained supply/demand balance and successful alliance implementation
  • Hope springs in Singapore as owners eye cautious optimism
    Spring is in the air, and in the economic indicators at Singapore Maritime Week, but economic heavy weather looms large longer-term
  • Economics must trump politics in Brexit deal, says Platten
    UK Chamber of Shipping warns of European port pain if a frictionless border does not remain post-Brexit
  • Shipping needs to define its 'why' to attract Generation Y
    Industry needs to do some soul-searching to bring in and hold on to millennial innovators
  • Further liner consolidation required to boost rates
    But second-tier box lines offer slim pickings for mergers and acquisitions
  • Bulker explosion kills two in Atlantic
    US, Portuguese and Canadian authorities co-ordinating a response to incident on board Peter Dohle-owned Tamar
  • Boxship supply imbalance to last until 2019
    No let-up for carriers as delayed deliveries come into service
  • Singapore developing two new digital platforms for shipping industry
    Transport minister says initiatives will strengthen linkages within the trade, maritime and logistics sectors
  • SSA wants bloc ballast water exemption
    Shipowners' representatives working with flag states to push through exemption - a huge boon for regional operators
  • China remains key to the dry bulk market
    But overcapacity is still an issue despite recent developments, says Western Bulk chief
  • Shipping has more potential to grow in Asia
    Key supply areas, exporters and importers are all located within the region, says Braemar ACM Shipbroking

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The Journal of Commerceweb site
APRIL 25, 2017
  • Bayonne height restriction removed ahead of bridge raising
  • Forwarders watch trans-Atlantic capacity injections warily
  • With eye on Canada, NW Alliance preps for mega-ships
  • CMA CGM signs deal to run new Mundra container terminal
  • European shippers face SOLAS-style truck weight rules
  • 'Aggressive' US shippers keep pressure on truckload rates
  • Crowley aims to speed up San Juan gates via new system
  • Toll acquisition takes toll on Japan Post Holdings
  • HPH Trust plays down new alliance impacts
  • Indian efforts to avert national port strike continue
  • Yang Ming beats trans-Pacific market for US imports
  • Shanghai berthing delays ease but congestion persists

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TradeWindsweb site
APRIL 25, 2017
  • Frontline proposes even bigger DHT deal
    Not taking no for an answer, John Fredriksen-backed tanker owner says it wants the BW ships, too.
  • Tenth US LNG terminal OK'd for exports
    Export licenses first step in what is seen as major driver of LNG shipping demand.
  • Norway approves Fredriksen-Rokke offshore merger
    Competition authorities OK tie up between Deep Sea Supply, Farstad Shipping and Solstad Offshore.
  • VLCCs end surge with 12% spot rate slump
    Drop in activity in Middle East clobbers spot earnings for largest tankers as suezmaxes gain ground.
  • Analyst outlooks divided for LNG rates
    Credit Suisse and JP Morgan look more favourably toward 2018, while Drewry dims view.
  • H-Energy signs up FSRU for first Indian project
    New home found for Engie-chartered vessel after sistership started work in Turkey
  • Pareto Securities upgrades Diana Shipping
    Pareto Securities has upgraded shares in Diana Shipping following its return to the stock and sale-and-purchase markets. Analysts Eirik Haavaldsen and Oystein Dalby raised the New York-listed owner from sell to hold and upped their target price from $3.3 to $4.5 per share. It comes after Diana turned to Wall Street for $70m to support the addition of three bulkers, its first buys from a third pa
  • Sumitomo Heavy set for profit jump
    Japanese shipbuilder could see annual earnings rise 10%.
  • Scorpio Bulkers insiders shelf 13.1 million shares
    Administrative arm files for potential sale of shares acquired over the last year.
  • Scorpio Bulkers adds ultramax to fleet
    Owner backs up positive market view with two-year time charter contract.
  • Dennis Uy plans $161m shipping IPO
    Tanker and oil tycoon wants to expand his Philippines shipping empire through float of Chelsea Logistics.
  • Low tanker rates drag Concordia into the red
    But CEO Kim Ullman notes that the company outperformed the market and is preparing for recovery.
  • Belships squeezes profit in first quarter
    Oslo-listed owner returns to the black in an improving bulker market.
  • Hainan Strait expects big profit jump
    Chinese ro-pax owner forecasts earnings rise of up to 80% for first six months.
  • James Fisher extends deal for FSL trio
    London-listed owner stretches bareboat contract on three ships from SGX-quoted Trust.
  • Atlantic, Oceanus win $45m Middle East contract
    Singapore, Korean companies using seven ships to decommission offshore facilities.
  • North Korean ro-pax starts Russian run
    Vessel banned by Japan starting service to Vladivostok next month.
  • Mazagon and Goa shipyards tipped to merge
    Indian government reportedly wants to bring together state facilities ahead of IPO.
  • Milaha makes less in first quarter
    Qatar owner hit by boxship rate pressure and offshore impairments.
  • Ernst Russ takes one-stop shop approach
    German owner forms new company to exclusively manage its $4.35bn portfolio with 140 ships.
  • 'Shipping must better embrace digital-info age'
    Kuehne + Nagel AG chief executive Dr Detlef Trefzger had a strong message to send to the shipping industry: collaborate and improve your data sharing with your partners across the supply chain so that cargo can move more efficiently and reliably. Trefzger was guest speaker at yesterday's Singapore Maritime Lecture and the boss of the logistics and freight forwarding giant shared the lessons the l
  • Finance and P&I set to occupy minds at SSA
    Ship finance and insurance are set to be two of the key focus areas for the Singapore Shipping Association (SSA) over the next 12 months as the country looks to maintain its status as an international maritime centre. "We believe that more needs to be done in the fields of ship finance and marine insurance," SSA president Esben Poulsson admitted at a breakfast briefing yesterday. "Our efforts on
  • Sekimizu calls on more nations to sign up to BWMC
    Secretary-general emeritus Koji Sekimizu highlights the IMO's 'remaining challenge' on the Ballast Water Management Convention ahead of its entry into force in September
  • OSM to crew K Line's LNGC fleet
    Joint venture formed with Ventis for new Japanese contract.
  • SeaBird adds West African work
    Cyprus-based owner secures a month-long 2D survey using Osprey Explorer.

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American Shipperweb site
APRIL 25, 2017
  • Some restrictions lifted at Bayonne Bridge
    The Port Authority of New York and New Jersey said Tuesday some ships will immediately benefit from the work that has already been done on ...
  • Ryder's earnings drive downward in Q1 2017
    Ryder System, Inc.'s earnings from continuing operations tumbled 32 percent year-over-year in the first quarter of 2017 to $38.3 million, a...
  • BIMCO: Container shipping sees better supply-demand balance
    The container shipping industry is benefitting from a better balance of demand for container shipping and vessel supply, but the performanc...
  • Dachser acquires majority stake in Johnston Logistics
    Global logistics provider Dachser has become a majority shareholder of its Irish partner Johnston Logistics Ltd. Dachser said the acquisit...
  • Four XPO drivers misclassified as independent contractors
    The California Labor Commissioner has found four drayage drivers working for XPO Cartage, a unit of XPO Logistics, were misclassified as in...
  • CMA Terminals, APSEZ to jointly operate Mundra Terminal
    CMA CGM Group's subsidiary, CMA Terminals, and India's Adani Ports and Special Economic Zone (APSEZ), a leading port infrastructure develop...
  • Bulk carrier explosion leaves at least one dead
    The U.S. Coast Guard is coordinating with the New York Air National Guard and the Canadian and Portuguese Coast Guards following an explosi...
  • Panama Canal plans 10-day outage of eastbound lane
    The Panama Canal Authority (ACP) is tentatively scheduled to shut down one eastbound laneat the original locks for 10 days in May for maint...
  • NWSA container volumes jump 14% in March
    The Northwest Seaport Alliance (NWSA), which comprises the ports of Seattle and Tacoma, Wash., handled 334,483 TEUs in March 2017, a 14 per...

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The Bunker Bulletinweb site
APRIL 25, 2017
  • Chile's Valparaiso sees normal bunker activity after earthquake: sources
    Copec noted that the local refinery, Aconcagua, was operating normally, adding there was no need for any force majeure declarations.
  • ANALYSIS: No sign of oil policy reversal from Saudi Arabia after royal decrees
    "Most Saudis recognize the system needs fixing, that there is fat to cut."
  • St Petersburg faces bunker demand rise on cruise season, open river navigation
    Russian river navigation was officially opened in southern Russia on April 1, the transport ministry said in early April
  • Med-North HSFO spread flips positive on improving Med demand
    The spread hit $0.25/mt late Monday, a rise of $0.50/mt on the day, from a close of minus $0.25/mt last week.
  • External: Wired Bunkering
  • INTERVIEW: Fiji fuel oil imports, bunker demand set to rise on robust economy, trade
    The country's ports have witnessed a rise in calls from box ships, bulk carriers and cruise liners.
  • Three more arrested Swiber vessels up for sale in Singapore
    The Swiber Mary-Ann has $50,925 worth of bunkers; the Swiber Anne-Christine $53,815, and the Swiber Else-Marie $54,937 worth of marine fuel.
  • India mulls foreign borrowings to develop major ports: minister
    India is developing 111 inland waterways to reduce the cost of moving goods and passengers within the country.
  • FUTURES: Crude ticks up in anticipation of stock draws

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