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23 September 2021 The on-line newspaper devoted to the world of transports 22:26 GMT+2

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Sched Netweb site
MARCH 25, 2016
  • CMA CGM upgrades Ethiopian loops with intermodal service via Djibouti
  • Hapag-Lloyd back in black with 30pc more sales and US$127 million profit
  • Kerry Logistics profit up 9pc to US$136.6 million while revenue flattens
  • OOCL lays down the law about shippers providing VGMs - sort of
  • Incheon New Port opens to 12,000-TEUers after 7 years of construction
  • Charleston up 3.3pc in February to 157,962 TEU, rail moves hit new high
  • Swire Shipping provides monthly NZ service to Fiji, Papua New Guinea
  • Yusen Logistics builds new centre to expand with Mexican auto market
  • BIFA to members: Acquire Authorised Economic Operator status pronto
  • CEVA expands, continues to provide logistics to Ford at Louisville
  • Air cargo flights resume at Brussels Airport after Islamic State bombing
  • Cargo handling at Frankfurt Airport goes increasingly digital
  • Logistics sector sees drone as hot, but safety concerns need examination
  • IATA urges lithium crackdown, criminalise offences, says Air Canada

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IHS Maritimeweb site
MARCH 24, 2016
  • Shipping confidence hits a new low, says Moore Stephens
  • SM Group signs MOU to acquire SPP Shipbuilding
  • Further woe for South Korea's bulk sector as Chang Myung Shipping is said to be struggling
  • Singapore bunker traders weigh up LNG fuel options
  • Bulkers over 15 years old are scrapping targets, says Precious Shipping boss
  • Sinotrans profit rises 21.3% in 2015
  • China Merchants Energy Shipping's profit soars 467% in 2015
  • Bumi Armada appoints new CEO
  • Cargo ship hits reef, sinks off Indonesia

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The Loadstarweb site
MARCH 24, 2016
  • Cargolux enjoys huge profit leap as ports slowdown and low fuel swell its coffers
  • More CEIV certifications awarded as air cargo players attempt to protect pharma volumes from ocean freight
  • Panama Canal draft restrictions hamper waterway's big ship vision
  • ANALYSIS: Despite strong quarterly numbers, the spectre of competing with Amazon looms large over FedEx
  • Hapag-Lloyd salvages a profit in 2015 and hopes for rate recovery as alliance shake-out continues
  • Back to bad - Confidence Index shows logistics executives have got the blues
  • Air cargo ships could soon alter global supply chains as we know them

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Marine Logweb site
MARCH 24, 2016
  • BC Ferries awards Spirit conversions to Remontowa
  • Mystery solved: Wreck identified as long-lost Navy tug
  • RINA and Iranian partner dual class two IRISL ships
  • Minerva chooses BMT Smart performance monitoring
  • VIDEO: Crane raises tug that sank near Tappan Zee Bridge
  • MTU powers Damen navy tugs
  • VIDEO: Damaged bulker completes river transit
  • TMS Tankers opts for Wartsila FPPs with EnergoProFins

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World Wide Shipperweb site
MARCH 24, 2016
  • Trade between NAFTA partners down during month of January
  • Port of Olympia preparing for BoatSwap & Chowder Challenge
  • Alaska Airlines calling for grant requests from non-profits
  • US rail freight traffic numbers head lower during week
  • Diana Shipping takes delivery of dry bulk vessel SELINA

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Lloyd's Listweb site
MARCH 24, 2016
  • Zim back in the black
    Israeli line reports $6.5m profit for 2015 amid 'challenging market conditions'
  • Hapag-Lloyd cautiously optimistic on year ahead
    Demand and rates will pick up as capacity is reduced from market, says Habben Jansen
  • Pragmatism needed in move to smart shipping, warns ICS
    ICS secretary general Peter Hinchliffe tells CMA delegates shipping needs to avoid using technology simply because it is available
  • Date finally set for opening of expanded Panama Canal
    Waterway's much-delayed third locks to open its gates to commercial shipping on June 26
  • Dry bulk shipping: Power 10
    Highlighting the most influential figures in the dry bulk sector - the power 10
  • 10. Petros Pappas, Star Bulk
    We are in a 'new normal' now, where we can't depend on demand
  • 9. David MacLennan, Cargill
    Celebrating 150 years, the firm has grown into one of the world's largest commodity traders
  • 8. Andrew Mackenzie, BHP Billiton
    The Samarco mine disaster in Brazil highlighted how difficult 2015 was for BHP
  • 7. Sam Walsh, Rio Tinto
    Due to retire in July, Walsh is an influential figure in a troubled industry
  • 6. John Fredriksen, Fredriksen Group
    The Tanker King also wields huge influence in the dry bulk sector
  • Data Hub: Load Factors
    High load factors on headhaul transatlantic services could accelerate cascading from larger trades
  • UN removes four vessels from North Korea sanctions list
    Security Council confident ships are not controlled by blacklisted Ocean Maritime Management
  • Lamprell 2015 profit falls amid fewer new oil and gas offshore projects
    Company has refocused marketing efforts to the Middle East from other regions suffering from slowing growth
  • Pangaea Logistics returns to net profit in 2015
    Core business saw higher margins due to falling bunker fuel prices and lower costs incurred to hire third party-owned ships
  • Tanker rates hinge on refinery demand holding up
    In refining circles, key concern is around gasoline's ability to support refinery margins
  • CMES orders 10 VLOCs from three Chinese shipyards
    Shipbuilding contracts worth $850m in total
  • Aegean Marine Petroleum to establish bunkering operations in South Africa
    Move is part of company's strategy to enter new markets
  • Bumi Armada appoints Leon Harland as new chief executive
    Mr Harland will assume his new role at the company on May 16

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The Journal of Commerceweb site
MARCH 24, 2016
  • No easy solutions to problems plaguing US ports
  • Small truckers delaying switch to electronic logging, survey shows
  • Cargomatic adds logistics veterans to leadership team
  • Europe tech firms tackle logistics challenges
  • Weak demand, low prices may spark LNG project cancellations
  • Zim boosts 2015 profit after difficult fourth quarter
  • 2016 Directory of Warehousing Service Providers
  • Panama Canal locks to officially open June 26
  • Cargolux profit surges, revenue shrinks
  • Russia's NUTEP container terminal to double capacity
  • India's top port prepares for bigger mega-ships
  • Carriers still waiting for China's SOLAS container weight guidelines

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TradeWindsweb site
MARCH 24, 2016
  • Hornbeck shorts dip but remain strong
    Offshore vessel owner's shares top Wells Fargo's table of short-interest estimates.
  • Exmar takes earnings charge on FLNG project
    Cancellation of Canadian LNG project and pressurised LPG fleet knock down profits.
  • Zim maintains profit in 2015, despite Q4 loss
    Bigger deficit in the fourth quarter does not prevent Israeli company from making money in the full year.
  • Be contrarian, buy tankers, Perri says
    Bottom fishing in dry cargo not necessarily the best investment today, Axia argues.
  • Black Sea Shipyard reduces 2015 loss
    Ukrainian shiprepairer has posted a significant cut in its annual deficit.
  • Korean yard job losses could hit 50,000
    Shipbuilders including DSME slashing workforce to cope with dramatic drop in orders.
  • Diana capesize takes a pay cut; BDI creeps up
    New York-listed owner sees cape head to SwissMarine as new panamax arrives with Norden charter in place.
  • Hapag CEO: Liner landscape changing
    Rolf Habben Jansen mulls interesting developments in the next two to three months alongside rates recovery.
  • Crewman convicted of knife attack
    Libyan seafarer receives suspended sentence for attack on colleague on ship in Maltese shipyard.
  • HHI and GE team on LNG carriers
    Korean yard and US engine group to market eco-ships together.
  • DFDS deal shows Lloyd Werft more than Genting's house yard
    German shipyard secures contract to repair and lengthen vessel for Danish owner.
  • Panamaxes going under the hammer again
    The bank-driven auction of two uncompleted panamax bulkers by the Guangzhou Maritime Court failed today, say brokers.
  • Boskalis wins islands deal off Indonesia
    Dutch dredging giant strikes $89.3m pact for the construction of five artificial pieces of land.
  • TMS Tankers goes for Wartsila propellers
    Four newbuilding aframaxes controlled by George Economou will use Finnish company's systems.
  • Offshore layups pass 600 ships as term rates plunge
    But Clarksons Research says lower chartering costs could boost demand from oil majors in medium term.
  • Globus sells panamax to write-off loan
    Greek bulker owner agrees with Commerzbank to offload 2010-built vessel alongside its cargo claims.
  • Fesco launches Iran run via Caspian
    Russian container line testing the waters for exports and imports.
  • A 'screaming buy', but no big buyers
    Bob Burke asks tanker owners: if shares are less than their net asset value, why is no one taking them over?
  • Korean banks warned over bad debts
    Non-performing loans up 24% to $25bn, partly due to restructuring at DSME and HMM.
  • Russia plots orders for 118 dredgers
    Krasnoye Sormovo, Lotus and Zelenodolsk shipyards among those to be awarded contracts from government.
  • Clifford Chance nabs Norton Rose Fulbright duo
    Green and Sherrard to build on law firm's maritime and offshore practice in Asia Pacific.
  • Bumi Armada names new chief executive
    Former Heerema Marine Contractors director set to take the lead at Malaysian FPSO player.
  • Aegean Marine targets South African bunker market
    Greek company says move is consistent with strategy to opportunistically enter new markets.
  • PCS plans new Singapore naphtha import facility
    Company says move in response to the global trend of moving cargo on larger vessels.

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American Shipperweb site
MARCH 24, 2016
  • NHTSA orders Volvo trucks without safety repairs to stop operating
  • Korea Development Bank sets up containership fund
  • BSI: Supply chain threats cost shippers over $55b in 2015
  • ZIM posts $7m profit in 2015
  • Cargo flights resume at Brussels Airport
  • IAG Cargo unveils new South Africa service
  • Lumber Liquidators settles with CARB over flooring imports
  • DOT to grant U.S. airlines daytime flights to Tokyo's Haneda airport
  • U.S., Argentina to advance bilateral trade
  • Executive Moves: Union Pacific, Cargotec and TIACA
  • Kansas City International Airport sees surge in cargo volumes
  • CBP finds destructive larvae inside shipment of cumin seed
  • Port of Gothenburg increases crude oil storage
  • Dematic acquires Australian AGV manufacturer
  • IATA files formal EC complaint against parts suppliers
  • Panama Canal expansion to officially open June 26

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The Bunker Bulletinweb site
MARCH 24, 2016
  • GLOBAL VLCC TRACKER: Rally in rates recedes as delays, demand ease
    The sharp rally in freight rates seen over the past week proved short-lived.
  • Shipping industry mulls options to meet lower sulfur content in bunker fuels by 2020
    'Scrubbers are the only solution that will allow shippers to continue business as usual.'
  • Hong Kong Cosco's 2015 bunker fuel sales rise 33% to 1.15 million mt
    Despite higher volumes, revenue fell 30%.
  • Japan's HSFO output steady on week at 2 million barrels for March 13-19
    But exports of high sulfur MDO plunged 80.3% on week.
  • Aegean launches South African bunkering operations
    The region is seen as potential for growth.
  • Oil futures fall after EIA reports bigger-than-expected crude build
    US commercial crude oil stocks rose 9.357 million barrels to 532.535 million barrels in the week ended March 18.

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