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16 September 2021 The on-line newspaper devoted to the world of transports 18:19 GMT+2

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Sched Netweb site
JANUARY 17, 2014
  • HK port up 5.4pc in December to 1.96 million TEU, Singapore up 5.3pc
  • OOCL increases Asia-New Zealand freight rate US$300/TEU from April
  • LA December boxes up 11.09pc to 494,761 TEU, but full-year off 2.59pc
  • Ship operating expenses fall on tighter cost control: Moore Stephens
  • Eimskip's 2 new reefer ships again delayed so China yard cuts price
  • Panama Canal expansion cost overruns threaten work stoppage
  • Port of Ningbo container volume up 7pc to 16.77 million TEU in 2013
  • Fujian ports container volume up 8.9pc to 11.68 million TEU in 2013
  • Shanghai, Taiwan port authorities signs memorandum of cooperation
  • Cosco Pacific volume up 10pc in 2013, but Singapore shop slips 14.9pc
  • Asia-east coast South America rates rise 118pc from October-November
  • Northern China's largest single reefer warehouse up and running
  • Panama Canal expansion stands to reduce demand for panamax ships
  • Growing protectionism curtails trade, reduces transport demand: WTO
  • China's HCNA signs US$120 million deal for 35pc of Cargolux
  • China Southern-Thai cargo flights to Lahore via Bangkok from Wuhan
  • A380 carriers win as India mulls open skies to smaller centres
  • Failure to address air cargo security in Argentina leads to high costs

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Exim Indiaweb site
JANUARY 16, 2014
  • 2013-end sees increase in number of idle boxships
  • Gujarat Junction 2014 Conference & Awards at Radisson Kandla tomorrow
  • ICS identifies lessons from Somali piracy
  • MOL forming strategic alliance with Brookfield to expand box terminal business
  • Basmati exports to Iran show handsome gains
  • Marine products exports to rise 23 pc in FY14
  • Ambuja Cement opens first fully automatic terminal in Mangalore
  • Gujarat HC order has not impacted Mundra Port operations, says Barclays
  • Port project delinked from Posco's Odisha steel plant plan
  • CWCNSL's Nhava Sheva CFS continues on the growth path
  • AgriMin for revival of pulses exports
  • INR softens further on increased dollar demand
  • NTPC signs MoU with GSI to set up power project in Chhattisgarh

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International Transport Journalweb site
JANUARY 17, 2014
  • Kick-off of multimodal Europe-Turkey service
  • Kuehne + Nagel to manage logistics for House of Switzerland
  • FMC requests more information from G6
  • Tiaca wants to ensure flow of world trade
  • United Cargo appoints four regional managers
  • Globaltrans continues rail transport for Metalloinvest
  • Ceva Logistics transporting bobsleds and skeletons
  • APL, Maersk and OOCL to cooperate
  • Daimler to invest in Spanish van plant
  • New MD for environmental affairs at Long Beach
  • Emirates to double Dublin service
  • Drewry: big carriers reduce north-south options
  • DB Schenker flies tramcars from China to Turkey
  • Robert Kukla widens circle of partners
  • Canute expands fleet
  • Wenn zwei verlieren...
  • Qatar Airways Cargo launches new premium products
  • CCNR president chosen

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Marine Logweb site
JANUARY 16, 2014
  • Vigor to build EBDG-designed tank barge
  • Cathelco systems protect new generation cruise ships
  • American Club offers IMSBC Code e-learning module
  • GasLog buys three BG Group LNG tankers
  • Damen Shipyards Sharjah holds opening ceremony
  • Kirby orders ATB

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World Wide Shipperweb site
JANUARY 16, 2014
  • Port of Grays Harbor delivers positive numbers for 2013
  • US rail freight traffic count runs to negative side for week
  • NYK Holding Europe buys Kazakhstan car terminal company
  • Port of Olympia taps Knight as Marine Terminal director
  • Mitsui teaming with Brookfield to expand box terminal business

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Lloyd's Listweb site
JANUARY 16, 2014
  • US criticises cruise lines' poor record in reporting onboard crimes
    Government body says many firms fail to maintain video surveillance
  • Law firm fights to free Seaman Guard Ohio crew
    Ince & Co demands 'neutral forum' to hear the case of 35 men detained without trial in India
  • Pirate attacks hit six-year low
    Drop reflects fall in raids off east Africa by Somalia-based gangs, says IMB
  • Dutch owners demand the right to use private maritime security companies
    Government must act quickly, says former minister Netelenbos
  • Cosco predicts full-year profit for 2013
    State giant scraps 41 elderly vessels to tap Beijing demolition subsidies
  • GasLog fundraiser upsized on high demand
    LNG owner set to scoop more than $200m to help fund three BG vessels
  • Hong Kong government to mandate low-sulphur fuel switch in 2015
    First Asian port to regulate vessel emissions
  • Further rises forecast for US Gulf product tanker loadings
    Refineries continue to produce surplus cargoes of oil products
  • CSBC lands new 1,800 teu boxship orders
    Hydra and Syra book a vessel each at Taiwan yard for $25m apiece
  • Woodside's latest Pluto deal opens spot cargo opportunities
    Three-year contract with Chubu Electric could create seven LNG shipments a year
  • Panama Canal board backs management in construction row
    Pledge of 'full support' comes as consortium deadline for halting work draws closer
  • MST orders two flex bulkers from China
    Bank and direct investors back order for vessels that load both dry and liquid cargoes
  • Los Angeles remains the top US box port
    But Long Beach closes the gap with double-digit annual growth
  • MOL to book a one-time $200m gain from Brookfield terminal stake sale
    Partnership with Canada asset manager could lead to acquisitions in high-growth markets
  • MOL's solo status clouds G6 plans
    FMC's Lidinsky raises questions about TSA membership
  • GasLog buys three BG gas carriers in $468m deal
    Livanos firm manages LNG ships to be chartered back to UK energy group
  • Euronav sells VLCC for conversion as it eyes offshore expansion
    Move is prompted by a wider strategy to improve understanding of a lucrative sector
  • CSSC JHI warns of second consecutive annual loss
    Shanghai-listed unit landed fewer orders placed at weaker prices last year
  • KDIC sells DSME shares
    South Korean government-owned insurer confirms $36m disposal
  • Greek tax grab sours shipowners' mood
    Industry had agreed to pay double tonnage taxes on a voluntary basis

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Fairplayweb site
JANUARY 16, 2014
  • Turkish tanker detained after Channel pollution
    A Turkish products tanker has been diverted to the French port of Dunkirk on suspicion of having deliberately caused pollution in the English Channel
  • GasLog upsizes public offering
    NYSE-listed GasLog has priced a public offering and private placement that will fund the purchase of three LNG carriers from the BG Group
  • Lauritzen sells three shuttle tankers
    J Lauritzen, the privately-owned Danish shipping group that sold its 10-strong product tanker fleet in October, says it has accepted an offer to sell its fleet of three shuttle tankers to Knutsen NYK Offshore Tankers of Norway
  • Stena Bulk takes back LNG carriers from specialist unit
    Stena Bulk, part of the privately owned Stena group of companies in Sweden, says it has taken back technical management and commercial operation of its three LNG carriers from Stena LNG, a unit set up especially to run the vessels
  • SDV expands Africa breakbulk business
    French freight forwarding company SDV, a subsidiary of the Bolloré Group, is diversifying into dry cargo handling with the takeover of Belgian forwarder EDT
  • CSCL, UASC and PIL to co-run Seattle service
    Seattle Port's Terminal 30 will be added as a call to Pacific International Lines' new Asia Pacific Northwest Service, in partnership with China Shipping Container Lines' and United Arab Shipping Company's (UASC's) existing joint service
  • 2014 starts with hike in KG insolvencies
    Early January saw another spate of insolvencies of German KG vessels, with a concentration in the tanker and multipurpose sectors
  • Australia denies navy shot at migrants
    The Australian government today denied claims the navy fired at a boat of migrants seeking asylum in Australia

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The Journal of Commerceweb site
JANUARY 16, 2014
  • Colombo Port Throughput Rises
  • Marad Chief: US-Flag Carriers at 'Tipping Point'
  • FMCSA to Use 'Quick Strike' Techniques to Target Unsafe Truckers
  • Panama Canal Looks to Dispel 'Myths' About Expansion
  • CSX Plans to Expand Ohio Intermodal Hub
  • YRC Worldwide to Revise Contract Proposal
  • P3, G6 to Spark Change in Trans-Atlantic Trade
  • US DOT Chief: Corporate Tax Reform Will Boost Transport Funding
  • CSX's Profit Dropped in Fourth Quarter

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TradeWindsweb site
JANUARY 16, 2014
  • KEX secures option
    Kirby Corporation of the US has secured an option to construct a second articulated tug-barge (ATB), TradeWinds has learned.
  • GOGL oils bond press
    Golden Ocean is getting ready to turn to the bond market for the money it needs to maintain the pace of a campaign to expand its fleet of bulkers.
  • Kirby spreads the wealth
    A shipbuilder based in Seattle, Washington has been identified as the second US yard that is cashing in on Kirby Corporation's order for an articulated tug-barge (ATB).
  • Stella deal for Tsakos
    Tsakos Shipping & Trading of Greece has found period employment for one of its two capesize bulkers.
  • And the winner is...
    Gunderson Marine has emerged as one of two US shipyards that are cashing in on Kirby Corporation's $80m order for an articulated tug-barge (ATB).
  • Two more for CSBC
    Taiwan's China State Shipbuilding Corporation (CSBC) has received its second order of the year for a pair of 1,800-teu containerships.
  • GasLog grabs more
    GasLog is almost $180m to the good after upsizing a fund-raiser which is supporting a triple sale-and-leaseback deal.
  • "JL fleet fits like a glove"
    Knutsen NYK Offshore bought J Lauritzen's shuttle tanker fleet as the three vessels are a good fit for the Norwegian owner's existing platform and came at the right price, Trygve Seglem says.
  • NITC grows despite sanctions
    National Iranian Tanker Co (NITC) is well placed to take advantage of a suspension of sanctions next week, according to analyst IHS Maritime.
  • Second US tug lost
    A second tug has sunk off the US east coast in bad weather this week.
  • Cosco to shed 41 ships
    China Cosco Holdings has identified 41 vessels it wants to scrap in 2014 following its recent order binge.
  • Platou pair cautious
    A return to profitability for most shipping markets this year does not come without risk, RS Platou warns.
  • Pallas in expansion mode
    Swedish owner Pallas is boosting its fleet with the addition of a vessel on a 16 month charter.
  • Hargreave hikes holding
    British investment firm Hargreave Hale has boosted its interest in ACM Shipping just a few days after GFI sold its shares in the shipbroker.
  • Turkish tanker probed
    French authorities are investigating a Turkish tanker after detecting pollution off Le Havre.
  • Cosco meets its target
    China Cosco Holdings looks to have avoided delisting from the Shanghai stock exchange after forecasting a likely profit from 2013.
  • Petredec lifts Bahri
    Saudi Arabian shipowner Bahri has booked another big jump in profit thanks to its holding in fast growing LPG owner Petredec.
  • CSSC yard in profit warning
    CSSC Jiangnan Heavy Industry has issued a profit warning just weeks after waving farewell to a top executive.
  • Chowgule stuck in red
    Indian bulker owner Chowgule Steamships remained in the red over the first nine months as costs rose.
  • MOL makes port profit
    Japan's Mitsui OSK Lines (MOL) has teamed up with a Canadian fund to expand its box terminal business.
  • GasLog swoop in focus
    GasLog's swoop for three LNG carriers from long-term business partner BG has received a mixed welcome from analysts at DNB Markets.
  • JPMorgan buy spurs Frontline
    Shares in John Fredriksen's Frontline are on the rise today after JPMorgan Asset Management lifted its holding in the tanker owner.
  • Crew rescued from ice
    Most of a Russian crew has been airlifted from a cargoship trapped in ice in Sakhalin Bay since last month.
  • Ktistakis escapes jail
    Former fugitive Greek bulker owner Lucas Ktistakis will have to pay back more than $1.5m after pleading guilty to tax evasion in the US.
  • K Line wins India deal
    K Line has secured another consecutive voyage charter (CVC) deal from India's JSW Group.
  • Raffles snares drillship
    China's Yantai CIMC Raffles Offshore has won an order for up to four drillships from Norway.
  • FPSO set for scrap
    An FPSO working off Malaysia is set to be decommissioned under a contract won by a Singapore-listed company.
  • North in Libya warning
    The North of England P&I Association has advised tanker owners which ports to avoid in Libya that are controlled by rebels.
  • Ultrapetrol secures funds
    Ultrapetrol has secured funding for two offshore newbuildings on order in China from Dutch finance house NIBC.
  • Ezion wins $94m contract
    Ezion Holdings has won a deal worth $94m to provide a service rig to a Southeast Asia-based national oil firm.
  • Kirby inks ATB
    Kirby Corporation of the US has inked a contract to construct an articulated tug-barge (ATB).
  • GLOG readies fundraisers
    Shares of GasLog tanked in afterhours trading Wednesday after announcing plans to tap the capital markets for some of the cash it needs to seal the acquisition of three LNG carriers.

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American Shipperweb site
JANUARY 16, 2014
  • CBSA system upgrade forces changes for carriers, service providers
  • Foxx says greater safety needed for crude-by-rail transport
  • Dynamar says Shanghai freight index has increased price volatility
    The 20 largest container shipping companies lost an aggregate of $1.3 billion between 2008 and 2012 according to Dynamar, which attributes this increased volatility to the creation of the Shanghai Containerised (Export) Freight Index.
  • Panama Canal management receives vote of confidence
    The project is 72-percent complete, and officials insist they will finish the project, either with the current contractor or another one, if issues regarding payment of cost overruns cannot be resolved.
  • MOL says TraPac deal just 'first step' in alliance with Brookfield
    The Japanese shipping company said the alliance will "organically connect TraPac's expertise in top-level terminal operation with Toronto-based Brookfield's knowledge of the infrastructure business in North/South America, Australia and Europe."
  • CSX ends 2013 with $12 billion in revenue
    "Supported by the strength of an expanding economy, we delivered 6-percent volume growth in the quarter, despite another sharp decline in coal," stated Michael Ward, the carrier's chairman, president and chief executive officer.
  • Kirby orders new barge from Greenbrier's Gunderson shipyard
  • Cathay Pacific, Dragonair see cargo decline in December
  • Record-setting shipments at Port of Indiana-Mount Vernon
  • Omnibus bill includes funds to advance navigation projects
  • Del Monte chooses Port of Dunkirk
  • Executive moves
  • FMC asks for more information from G6
  • PIL to call Seattle

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The Bunker Bulletinweb site
JANUARY 16, 2014
  • Dynamic Oil hires new bunker trader
    Jacky Yen brings 'hands-on experience and local knowledge'.
  • Prices soft in Fujairah
    Good avails in South Africa.
  • Prices firming across Europe
    Crude oil prices have been climbing.
  • EU could provide more cash for shipping
    Funds could follow the introduction of tougher ECA sulphur limits.
  • Voting opens in elections for IBIA Board
    Four seats are up for selection.
  • Fuel oil stocks fall
    Fewer cargoes from United States and Venezuela.
  • Russian energy giant sees bunker sales climb
    Rosneft has been at the heart of a dispute over the role of oil majors in the country's bunker sector.
  • Singapore: Alliance Oil Trading in liquidation
    Decision was made at a general meeting on January 7.
  • Asian IFO prices show little movement
    Avails easing in Hong Kong.
  • French firm upbeat on Singapore LNG prospects
    'There will be a need for more small to medium scale LNG carriers and bunker ships to support the LNG industry.'
  • More shipowners replacing propellors for greater savings
    Device claims to cut bunker consumption by 5%.
  • LNG fuelled ships will need fresh bunkering strategies
    'Shipowners will have to bunker more often when using LNG.'

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