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22 September 2021 The on-line newspaper devoted to the world of transports 05:27 GMT+2

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Exim Indiaweb site
JUNE 30, 2021
  • CMA CGM Overweight Surcharge from North West India to North Europe
  • HMM orders twelve 13,000-TEU container vessels
  • MOL's wholly owned Euro Marine Logistics starts sea trials of car carrier powered by bio-fuel
  • Staggering number of late vessel arrivals
  • Coal imports up in April
  • APSEZ aims at becoming world's largest private port company by 2030
  • Suspension of operations in phases at Haldia berth
  • FIATA & ICHCA strengthen collaboration
  • Sanjam Sahi Gupta re-appointed to World Maritime University's Executive Board
  • Transworld Group & DP World's strategic partnership commences

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International Transport Journalweb site
JULY 1, 2021
  • Europe's first zero-emission green corridor opened
  • Aircalin connects New Zealand and New Caledonia
  • GDP for Gerry's Dnata in Karachi
  • CIFFA names new director
  • Test train run Taijuan - Paris in 24 days
  • Fiata and ICHCA join forces
  • Alsaceterminal now in charge
  • P&O adds fifth Dover-Calais vessel
  • Less cargo theft in Brazilian hot spots
  • Adnavem opens office in Frankfurt
  • NCRR: new rail spur
  • Big Gulf carrier inject bellyhold capacity
  • Cologne logistics group stable
  • "Curiosity of the Day"
  • UK network expands fleet
  • Panattoni builds for Amazon
  • Stef Group appoints two directors
  • More pharma logistics power at Brussels airport

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The Loadstarweb site
JUNE 30, 2021
  • Air cargo market expects a healthy peak season as rates and volumes rise
  • China boosts container numbers to ease delays and asks carriers to add port calls
  • Maersk targets transpacific premium market with extra standalone services
  • Airasia beefs up cargo operation with its first freighter and two conversions
  • Port of Yantian dusts off pre-financial crisis plan to add 3m teu capacity
  • Finite port resources can be stretched with dynamic digital developments
  • Craig Grossgart and Lisa Johnstone join Seko global ocean leadership team
  • Supply chain radar: Marvellous FedEx - no (investment) stone left unturned
  • Against the odds: Holding onto DSV Panalpina
  • Supply chain radar: The ZIM wager - oops, that wasn't pretty

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Marine Logweb site
JUNE 30, 2021
  • New Jersey makes two major offshore wind awards
    The New Jersey Board of Public Utilities (NJBPU) today awarded a combined 2,658 MW of offshore wind capacity to EDF/Shell's Atlantic Shores Offshore Wind and Ørsted's Ocean Wind II, bringing the state's
  • VIDEO: AWO highlights industry commitment to sustainability
    The American Waterways Operators (AWO) has produced a video highlighting the tugboat, towboat and barge industry's commitment to, and progress toward, environmental sustainability. The video features examples of how the industry is
  • Cadeler places $651 million order for X-class WTIV duo
    Copenhagen, Denmark, headquartered wind farm installation specialist Cadeler (OSE: CADLR) has signed a $651 million contract with Chinese shipbuilder COSCO Shipping Heavy Industry Co., Ltd. to build two new X-class wind turbine
  • VIDEO: TU Delft ready to race with "flying" hydrogen boat
    A team of students at TU Delft in the Netherlands are getting set to compete at the upcoming eighth Monaco Energy Boat Challenge with what they call the "first flying hydrogen boat."
  • Global Mercy set for maiden voyage
    The world's largest civilian hospital ship, Global Mercy, has now been formally handed over to Mercy Ships in a ceremony at the Tianjin Xingang shipyard in northern China. Gothenburg, Sweden, based Stena

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Lloyd's Listweb site
JUNE 30, 2021
  • How to solve container congestion
    Ideas to reduce congestion chaos, EU environment plan confirms shipping's worst fears, and little for shipping to celebrate on Day...
  • Economou cleans up in rare Cuban crude shipments
    Latest tanker owned by prominent Greek shipowner loaded second Cuban cargo in three months and now sailing for Gibraltar
  • Lloyd's Register is ready to turn class model upside down
    Class has traditionally been reactive. The focus on digital solutions in maritime will make Lloyd's Register much more proactive. The...
  • Euroseas orders feeder brace at Hyundai Mipo
    The contract for two eco-design fuel-efficient feeder vessels of 2,800 teu, which, according to the company, will consume about 30% less...
  • Navios Partners adds five bulkers as mother company continues sell-off
    The acquisition of capesizes Navios Azimuth, Navios Ray and Navios Bonavis will cost $88m and was approved by the conflicts committee of the Navios Partners'...
  • Carriers push charter rates to record highs
    In the bizarre world of container shipping economics, paying ultra-high rates is still viable. Indications are that there will be...
  • CommBank quits shipping amid market uncertainties
    Ship finance experts say the bank's exit will not have a big impact on the shipping market as financing is...
  • Wynn-Williams steps down as chairman of Thomas Miller
    Profit down despite increased turnover, as company commits to growth through M&A
  • How long can bulk market benefit from containerisation spillover?
    Geared bulkers are said to be the beneficiaries, as well as the breakbulk and ro-ro fleet, and although the peak...
  • Cyber insurance failing to improve security
    A cyber insurance study finds the industry is failing to spur companies to improve their cyber security. Data sharing is...
  • Indonesia's Pertamina to develop LNG bunkering
    The plan unveiled by Pertamina calls on two of its business units to collaborate on LNG trading and bunkering
  • Daily Briefing
    Free to read: Iranian box fleet continues to trade despite sanctions | Liberalised maritime regulation can aid trade recovery |...
  • Precious Shipping gets $85m sustainability-linked loan
    The long-term financing package includes an IFC A loan of $55m, a parallel loan of $15m from Export-Import Bank of...
  • LNG bunkering ramps up off Malaysia
    Malaysia looks set to challenge Singapore for a larger share of the still nascent LNG bunkering market
  • Shipping urged to 'engage' with supply chain to solve US port problems
    An investigation into congestion at the ports of Los Angeles, Long Beach and New York & New Jersey has highlighted...

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The Journal of Commerceweb site
JUNE 30, 2021
  • DOT offers $44 million for NY-NJ port road project
  • Overbooked Asia-US trade gets three new services
  • Ocean rates to remain at record levels into 2022: Moody's
  • Pandemic forces shipper focus on supply continuity: DSV
  • Global semiconductor shortage threatens ro/ro recovery
  • Overweight container levy adds to rocketing India-US rate levels
  • Houston pilots dial back ship length restriction

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TradeWindsweb site
JUNE 30, 2021
  • Ocean Yield sees another option exercised on one of its tankers
    The Oslo-listed company said Navig8 Chemical Tankers would take control of a chemical tanker
  • Vale VLOC is first ore carrier to sail on a carpet of bubbles
    Mining giant testing Silverstream air lubrication system to reduce fuel use and emissions on Sea Victoria guaibamax
  • STX Offshore reveals orders for 12 more tankers as revival continues
    South Korean shipbuilder makes good on promise of more new contracts earlier this year
  • Moody's takes positive view of shipping as it predicts average 29% profit hike
    Ratings agency says global recovery has changed its view of the sector as demand improves
  • Euroseas places first containership order in its history
    Aristides Pittas-led outfit books a pair of feeder boxships at Hyundai Mipo for a total of $76m
  • Frangou comes up with another $115m loan to deal with Navios bonds
    CEO to provide new facility as Navios Maritime Holdings tackles notes maturity
  • Bocomm Leasing makes woodchip carrier debut with $310m newbuilding deal
    State-owned Chengxi Shipyard is commissioned to build eight ships that will be chartered to China's largest paper manufacturer
  • Proman adds two more newbuilds to methanol-fuelled tanker tally
    Swiss producer and operator inks fifth and sixth vessels in innovative series in China
  • HMM privatisation back on track as shipowner pursues expansion
    Shipowners biggest shareholder looking to offload stake as fleet grows
  • Astrup Fearnley and DNV to offer emissions calculator to shipbrokers and owners
    Norwegian groups developing new software through the Veracity by DNV platform
  • Ever Given release delayed after Suez Canal grounding settlement
    Hopes the containership would be preparing to sail appear premature as parties continue to finalise deal
  • Hartmann-Abou Merhi fund buys LPG carriers as it seeks more growth
    Pelagic Partners strikes deal to add ships to low-profile fleet as it sets out to tap global post-Covid-19 growth
  • Can we believe in an 'explosive' rebound in tanker rates?
    Soaring oil prices traditionally lead to demand destruction but perhaps things could be different this time
  • Navigare Capital linked to sale effort as ultramax bulker values soar
    Identity of ship purchased by Belships emerges as Eagle Bulk tied to purchase
  • Vitol and Trafigura take Greek aframaxes and suezmaxes on short period tanker charters
    Most shipowners and charterers opt to stay put as spot markets remain sluggish
  • Solstad sells another PSV as term deals revealed for four more ships
    Owner moves another vessel closer to disposal target following restructuring
  • Norden adds another $40m to profit forecast as forward bulker rates jump $10,000
    Danish owner points to big spikes in levels for supramaxes and panamaxes in the second half of the year
  • More 'Prexit' for Eagle Bulk as GoldenTree eyes the door in $79m deal
    Underwritten public secondary offering would slash holding by more than half as private-equity selldown continues
  • Lack of international vaccination strategy is failing seafarers
    Every effort must be made to expand the patchwork of vaccination availability for seafarers
  • Goats and boats: Sustainability role combines passions at UECC
    Car carrier's energy and sustainability manager follows in footsteps of his eco-warrior parents
  • BW-backed Cadeler splashes $651m on two wind turbine ships at Cosco shipyard
    Oslo-listed shipowner says price has risen for X-class duo in China
  • Navios Maritime sells trio as spin-off mounts $182m five-ship acquisition
    Daughter company Navios Maritime adds three capesizes and two newbuildings to expanding fleet
  • Precious Shipping lines up $85m sustainability loan with IFC
    First green loan for Thai shipowner to help finance four specialized cement carriers and a bulk carrier
  • Fred Olsen teams with Shimizu for global wind farm vessel work
    Norwegian and Japanese owners will work together to utilise Shimizu's new installation ship coming in 2022
  • 'An icon': Dubai shipping legend George Varghese dies
    Credited for helping to put the Middle East on the global cruise map, Varghese collapsed during a golf game
  • More 'Prexit' for Eagle Bulk as GoldenTree eyes the door
    Underwritten public secondary offering would slash holding by half as private-equity selldown continues
  • Frontline accused of privacy violations over employee emails
    Norway's data privacy watchdog probes opening of emails between a sacked bookkeeper and Frontline's head of newbuildings
  • Wrongful dismissal lawsuit lifts lid on life inside Frontline Management
    Office politics, spending spats and a distracted John Fredriksen feature in court action over the abrupt firing of a company veteran
  • Dubai shipping legend George Varghese dead
    Credited for helping to put the Middle East on the global cruise map, Varghese collapsed during a golf game
  • Nitin Mehta jumps from Tomini Shipping to GMS
    Dry-bulk chief executive trades newbuildings for scrap as fourth generation takes the helm
  • Dubai shipping legend George Varghese dies
    Credited for helping to put the Middle East on the global cruise map, Varghese collapsed during a golf game
  • Japan's Lepta piles on Maersk-backed containership newbuildings at Yangzijiang
    Company brings tally of 3,500-teu boxships to 10 on the back of long-term charters to Danish liner giant
  • Singapore's IMC recruits Keith Denholm to head up dry bulk arm
    Asia veteran's initial role will primarily be focused on growing shipping company's asset light operating business
  • Some more 'Prexit' for Eagle Bulk as major investor eyes the door
    Underwritten public secondary offering would slash holding by half as private-equity selldown continues

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American Shipperweb site
JUNE 30, 2021
  • Georgia Ports Authority nets $47M federal grant for inland container port
    Federal funding and private investments lend support to the supply chain infrastructure surrounding the Port of Savannah.
  • Hellman Logistics to offer pan-European drone delivery in 2022
    The Black Swan drone is coming and it can carry more than a toothbrush from Walgreens. Dronamics is working to set up droneports all over...
  • How COVID variants could impact container and tanker shipping
    More problems loom for importers of Asian containerized goods and tanker slump could last even longer.

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The Bunker Bulletinweb site
JUNE 30, 2021
  • VLCC fixtures shrouded in secrecy in ailing tanker market
    A mostly transparent VLCC market is witnessing an increase in deals being concluded privately as a dismal freight market is offering charterers the luxury to quietly pick and choose their preferred owners as well as keep fixtures under wraps.
  • FUJAIRAH DATA: Oil product stocks climb as light distillates still volatile
    Oil product stockpiles at the port of Fujairah on the UAE's east coast climbed to a two-week high, led by a 34% increase in gasoline and other light distillates.
  • REFINERY NEWS ROUNDUP: New projects in Angola unlikely until 2025
    Angola is in the midst of securing long-term supply deals for its refined product needs as a slew of new refinery projects are unlikely to come online till at least 2025.
  • ConocoPhillips outlines 10-year plan, reduces 2021 capex 4% to $5.3 billion
    Nearly six months after closing its acquisition of Permian Basin operator Concho Resources, ConocoPhillips June 30 set out an ambitious 10-year operating plan June 30 that aims to grow oil production about 3%/year and deliver superior returns at an average breakeven cost slightly under $30/b.
  • OIL FUTURES: US crude stock draws extend sixth week amid surging refinery demand
    US crude oil inventory draws extended in the week ended June 25 amid rising refinery appetite and static production, US Energy Information Administration data showed June 30.
  • Houston to play crucial role in energy transition: executive
    The world will miss agreed climate protection targets without the deployment of large-scale negative emissions solutions by 2025, a coalition of UK industrial companies and investors said June 30.
  • World set to miss climate targets without negative emissions: UK coalition
    The world will miss agreed climate protection targets without the deployment of large-scale negative emissions solutions by 2025, a coalition of UK industrial companies and investors said June 30.
  • Med ULSD premiums hit 6-month high as quarter-end destocking eases, demand improves
    Cash differentials for CIF Mediterranean ultra low sulfur diesel cargoes touched a six-month high at a $6.25/mt premium to the front-month ICE low sulfur gasoil futures contract June 30, with destocking pressure ahead of the quarter-end having eased and demand picking up, traders said.
  • July ex-wharf 0.5%S bunker premium at China's Zhoushan port sinks on supply overhang
    The premium for ex-wharf marine fuel 0.5%S bunkers loading in July at China's Zhoushan port inched down to flat to a premium of $2/mt to Singapore Marine Fuel 0.5%S cargo assessments, from $4-$5/mt for June loading due to ample supply and thin demand, traders said during the week of June 28.
  • Hong Kong delivered 380 CST bunker to remain tight until mid-July
    The supply of 380 CST bunker fuel for the delivered market in Hong Kong has tightened after the lifting of the 14-day quarantine rule in mid-June, and is expected to remain tight at least until the middle of July when replenishment cargoes are scheduled to arrive, bunker suppliers based in Hong Kong said June 30.
  • Fujairah delivered bunker premium flips to discount amid limited demand
    Bunker suppliers in Fujairah offered delivered marine fuel 0.5%S at competitive levels to capture a limited demand amid strengthening outright price, pushing delivered premium against FOB Singapore cargo price into negative territory.
  • TENDER DATA: Thailand's PTT offers IMO 2020-compliant fuel oil for July 19-21
    PTT last sold 28,000 mt of IMO 2020-compliant fuel oil with 100-380 CST viscosity for loading over June 4-6 from Map Ta Phut at a discount of $6-$7/mt to Mean of Platts Singapore Marine Fuel 0.5%S assessments, a company source said.
  • Middle East producers set to hike August crude OSPs on stronger Dubai market
    Middle East oil producers are widely expected to raise their term crude prices for Asian refiners for August-loading cargoes on the back of market strength that has seen premiums for benchmark cash Dubai crude strengthen recently.
  • US crude exports' four-week moving average hits more than one-year high
    US crude exports over the four-week period ended on June 25 rose to a more than one-year-high as exporters have benefited from particularly low freight rates, the US Energy Information Administration showed June 30.
  • Pickup in commercial talks boosts Cheniere's hopes on mid-scale LNG project
    Cheniere Energy expects to make a "substantial dent" by the end of 2022 in building sufficient buyer support for a proposed mid-scale expansion at the site of its Texas liquefaction facility, Chief Commercial Officer Anatol Feygin said June 30 in an interview.
  • INTERVIEW: CMB targets ammonia dual-fuel ships from 2024, Antwerp hydrogen expansion
    Belgian shipping company Compagnie Maritime Belge will run ammonia dual-fuel ships in new large vessels its fleet from 2024, as it navigates a transition away from fossil fuels, and expands its hydrogen refueling operations in Antwerp, according to CEO Alexander Saverys.
  • Anglo American completes biofuel trial to decarbonize ocean freight
    The trial was conducted onboard the Frontier Jacaranda on a voyage from Singapore to South Africa.
  • Bangladesh's July HSFO imports likely to fall 10% on month on low industrial demand
    The imports are likely to decline approximately 10% month on month to 337,500 mt, Karim added.
  • Alfa Laval, Wallenius partner to develop wind propulsion for ships
    The AlfaWall Oceanbird solution could reduce emissions by 90% on the largest ocean-going vessels, the statement said.
  • OIL FUTURES: Crude edges higher as market eyes OPEC+ meeting, rising delta variant
    The June 29 meeting of the OPEC joint technical committee could provide some early indication regarding the group's plans, analysts said.

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