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25 September 2018 The on-line newspaper devoted to the world of transports 01:25 GMT+2

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Sched Netweb site
NOVEMBER 8, 2017
  • CMA CGM ups rate range from Asia to Mediterranean from November 15
  • China tests super dredger to speed island building in South China Sea
  • Cosco, Wan Hai, PIL raise capacity on Asia-USWC service
  • Savannah container volume soars 32pc in October to 410,000 TEU
  • Matson quarterly profit up 34pc to US$34 million as sales rise 8.7pc
  • Costamare profit up, revenue down, but all ships chartered, no layups
  • Danaos quarterly profit up 32pc to US$30.1 million on high ship chartering
  • Third quarter US GDP up 3pc on to consumer spending, export growth
  • Agility quarterly profit up 17pc to US$58.8 million as revenue rises 19pc
  • Chinese quality and price leave Modi's 'Make in India' drive in tatters
  • West African box trade deploys bigger ships to serve more people
  • Science won't do, 'brain washing' needed for climate: Gov Jerry Brown
  • US puts punitive tariffs on Canadian lumber, but less than first threatened
  • Automechanika Shanghai autoparts trade show November 29-December 2
  • FedEx braces for record Christmas volumes as e-commerce soars
  • UPS expects 5pc more business from Thanksgiving to New Year's
  • Oman Air Cargo deploys cloud-based platform from SmartKargo
  • Leipzig/Halle air cargo up 7.7pc to 828,163 tonnes in first 9 months

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Exim Indiaweb site
NOVEMBER 7, 2017
  • Asia to Med container trade looking up
  • Chennai Port Stevedores Association elects new Executive Committee
  • Classification of Corrosive Substances - Class 8
  • CMA CGM first shipping company to choose liquefied natural gas for its biggest ships
  • LCL Logistix efficiently handles ODC movement
  • Maersk Line performance boosts A.P. Møller-Maersk revenue in Q3 2017
  • MSC signs Buckingham Palace Declaration to combat illegal wildlife trafficking
  • PIL takes delivery of two new 11,800-TEU container vessels
  • Karaikal Port's proposed LNG terminal to be operational by mid-2019
  • Blue Dart introduces electric vehicles to optimise last-mile deliveries in Gurugram
  • Call for ending congestion at Heathrow's cargo centre
  • India's logistics sector seen looking up
  • India seen as an attractive market for LNG

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International Transport Journalweb site
NOVEMBER 8, 2017
  • Between tradition and innovation
  • UK railfreight operator delivers for Christmas
  • Airfreight makes major impact on Nova Scotia
  • Automobile industry fuelling growth
  • Fast and reliable cross-border traction through IT
  • ACL - 50 years on turbulent Atlantic Ocean
  • And another new China-Europe train
  • Arvato expands logistics centre in Gennep
  • Polaris optimizes Canada-US growth
  • Finnair figures soar in October
  • IMC Excellence award for ship agency in Saudi Arabia
  • More direct rail services to/from Lubeck
  • Groupe CAT acquires STVA Group
  • Munich and Moscow airports now sisters
  • Carotrans expands cooperation in South America
  • Leadership Excellence Award for Grimaldi

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IHS Maritimeweb site
NOVEMBER 7, 2017
  • Assessing the shipping impact of surprise crude price rise
  • UK to retain port of refuge arrangements post-Brexit, insurers told
  • Research and training to improve safety of Arctic navigation
  • CMA CGM giant new box ships will be LNG-powered
  • Impairments hit APMT bottom line
  • Maersk Drilling readied for sale after USD1.75 billion impairment charge
  • Strong Q3 market offsets impact of cyber attack on Maersk Line results
  • Samsung HI's profit down 82%
  • Transocean Oil loses bunker supply licence in Singapore
  • Samsung HI's subcontractors not paid overtime dues
  • HMM mulls buying back Busan terminal
  • Bing Cheng to replace Jerry Wang at Seaspan

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The Loadstarweb site
NOVEMBER 7, 2017
  • Maersk Line stays in profit, despite cyber attack, but APMT and Damco feel the heat
  • Ex-Damco Asia-Pacific chief Thomas Knudsen named Toll Group's new global forwarding president
  • Russian airspace threat subsides as ABC is given back its Schiphol slots
  • Revenue up across the board in Q3 as Agility stays on track for 2020 target
  • Latin America trade perks up, but north-south imbalance a major challenge for logistics
  • Analysis: Yang Ming and Seaspan both suffering, but is it stress or distress?
  • How retailers are reinventing the supply chain for an omnichannel age
  • Qatar Airways to buy a stake in Cathay Pacific
  • Amazon drone delivery ambitions get a lift from President Trump

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Marine Logweb site
NOVEMBER 7, 2017
  • VIDEO: Next-gen Wärtsilä stator promises major fuel savings
  • CMA CGM's nine 22,000 TEU boxships to be LNG fueled
  • Red ink quarter rattles Maersk shareholders
  • ICS vision: zero CO2 emissions from shipping
  • Ulstein books order for Lindblad polar expedition vessel
  • Shell commits to U.S.-built, U.S.-based LNG bunkering ATB

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Lloyd's Listweb site
NOVEMBER 7, 2017
  • Finnlines posts record quarterly profits
    Ro-ro operator's strong July-September performance drives year-to-date profits up 12%
  • Seanergy returns to profit as capesizes surge
    Nasdaq-listed owner benefits from improved market but gain on cape refinancing tips the balance
  • Maersk still optimistic for recovery
    Increasing demand and stable fleet position will help carrier, despite weaker than expected third quarter
  • Data is 'new asset class', claims Maersk Tankers chief
    But instant online fixing is still some way off, says Braemar analyst
  • Should China's global port investment plans go unchecked?
    China may soon come under pressure for reciprocity as its global port interests grow
  • Prolonged shipbuilding slump weighs on Samsung Heavy Industries results
    Net profit for the third quarter shrank 82% year-on-year
  • CMA CGM goes for green option with LNG-fuelled 22,000 teu boxships in world first
    Update: CMA CGM's decision to use LNG rather than conventional fuel for its newbuildings could add about $17m to the...
  • Maersk's third-term report: Could do better
    Cyber attack cannot be held responsible for weak performance, says Skou
  • APMT posts $267m third-quarter loss
    Terminal operator pays heavy price for June's cyber attack, as 'challenging commercial conditions' offer little respite
  • IMIF and Maritime London in merger talks
    The two UK-based maritime organisations may combine forces early next year
  • Cautious optimism descends on boxships charter market
    The issue of new big containerships will not go away, leaving owners on tenterhooks with no certainty which way the...
  • Dry bulk freight rates still a way off from returning to permanent profitability
    Vessels need to continue operating in slow steaming mode so as to preserve rate gains seen so far, says BIMCO
  • Daily Briefing
    Paradise Papers: Why the accusations against Wilbur Ross don't hold water
  • Rates unlikely to surge during oil tanker peak season as overcapacity weighs
    Market fundamentals too weak for rates to hit previous peak season's highs in 2016-2017, says BIMCO
  • Improved box line performance props up Maersk results
    Updated: Impairments at Energy division and APM Terminals hit group profits
  • Tanker supply-side dynamics look positive for 2018
    Lower delivery numbers next year could improve the supply-demand balance, Poten &Partners says
  • Korea's shipbuilding workers concerned over job security
    Poll finds 83.3% of respondents were worried about their jobs
  • Shipping unlikely to see widely accessible alternative fuels for 20-30 years
    Shipping already by far the most carbon-efficient form of commercial transport
  • Seaspan looks to raise up to $100m from share offer
    Net proceeds to be used to finance acquisitions, fund capital expenditures on newbuildings and for debt repayments
  • SM Line completes first pilot voyage using blockchain technology
    During the voyage, the company focused on minimising time spent on distribution and administrative processes
  • Hutchison Ports inks deal to operate Saqr Port terminal in UAE
    Port operator granted 25-year concession to operate the facility
  • Navios Holdings puts liquidity concerns to rest with $300m senior note offering
    New notes cap cleaning up of balance sheet that includes repayment of inter-company loan
  • Scorpio Bulkers buys four more ships for $90m
    Acquisition partly financed with $12.9m in new shares valued at $8.10 apiece

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The Journal of Commerceweb site
NOVEMBER 7, 2017
  • Analysis: Signs point to capacity crunch in domestic containers
  • Truck strike at DP World Cochin ends
  • BIMCO: Carriers testing market pulled down peak season rates
  • Rising freight demand sends Concor profit soaring
  • Shippers, 3PLs agree on US truck capacity, but not rates
  • APMT profit falls despite higher volume
  • Maersk: No plan to follow MSC with mega-ship orders
  • Cyber attack holds Maersk Line Q3 profit to $220 million

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TradeWindsweb site
NOVEMBER 7, 2017
  • Proxy firms bless Teekay's TIL takeover
    Roll-up of remaining stake in Oslo-listed tanker company takes step closer after contentious start.
  • WWL sees jump in third-quarter earnings
    Operating profit also enjoys healthy gain due to cargo and trade, better synergies as a result of merger.
  • Aegean Marine drops big third-quarter loss
    Bunker supplier says markets remain tough with one-off events affecting results.
  • Finnlines reports 'best ever quarter'
    Baltic ferry giant sees 7% rise in bottom line compared to same period last year.
  • Capesize rates power Seanergy's earnings
    New York-listed owner sees strong gains in revenue and rates as dry bulk market recovers.
  • Royal Caribbean beats estimates despite recent hurricanes
    Miami-based cruiseship owner looks to double earnings by 2020 through 20/20 Vision programme.
  • RS Tankers tipped to sell suezmax brace
    Mystery Greek owner said to have purchased a pair of modern tankers.
  • LPG woes turn Solvang red
    Norwegian owner bemoans high rate of VLGC deliveries in tough markets.
  • SBM makes $238m antitrust provision
    FPSO group will not bid for Petrobras work until leniency deal agreed.
  • Scorpio Bulkers spree expected to continue
    Analysts tip New York-listed owner to keep growing despite $230m autumn flurry.
  • KNOT Offshore Partners sights over $65m
    Latest units offering follows closing of dropdown and is expected to fuel additional growth.
  • ICS targets zero emissions for shipping
    Alternative fuel and new technology will help industry meet targets, director says.
  • Ulstein clinches Lindblad cruiseship order
    Norwegian yard to build up to three expedition vessels for US-listed owner.
  • Shell unveils first US LNG bunker barge
    Vessel will be stationed along the southern East Coast of the US to support cruise lines.
  • Fugro redelivers Oceanteam CSV
    Dutch company still free to use ship for specific jobs next year, however.
  • Maersk Line shuts newbuilding door with Hamburg Sud close expected shortly
    Executives say Maersk Line will have all the ships it needs without ordering amid confidence in final takeover deal.
  • Damen clinches ferry order from Canada
    Ontario government orders two passenger vessels for Great Lakes.
  • Fesco fixes $680m loan with VTB
    Restructuring Russian owner follows bond debt deal with new finance.
  • Samsung Heavy profit plunges 82%
    Korean shipbuilder hit by deliveries of cheaper ships in the third quarter.
  • CMA CGM takes LNG fuelling plunge
    French liner group chief executive Rodolphe Saade takes "bold decision" but will others follow?
  • Cost-cutting boosts profit at Vallianz Holdings
    Singapore owner says OSV market remains challenging, but will expand fleet.
  • Maersk drops full-year forecast after weak third quarter
    Danish giant's core Transport & Logistics business now projecting results below consensus.
  • ASL Marine warns of impending loss
    Singapore yard and vessel group says first quarter operations weaker.
  • AP Moller-Maersk checks out of Dansk with $861m
    Divestment of shares in supermarket business comes ahead of schedule.
  • Oman Drydock plans mobile repair unit
    Company says if the ship can't come to the yard, the yard will come to the ship.
  • Iran urged to set up new tanker, LPGC company
    PCC chief calls for oil company cooperation on the shipping of exports.
  • Court orders sale of Parakou tanker
    Pretty Scene to be auctioned in South Africa as $60m Jinhui row rumbles on.
  • Sealink International slips further into the red
    After seeing improvements in previous quarter Malaysian offshore firm hit by vessel disposal.
  • KNOT Offshore Partners plans fundraiser
    US-listed shuttle tanker MLP also reports larger net profit and revenue on the back of larger fleet.
  • Singapore kicks out Transocean Oil
    The world's largest bunker port has lost its fifth supplier in less than three months.

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American Shipperweb site
NOVEMBER 7, 2017
  • A.P. Møller-Maersk reports $1.5b loss in Q3 2017
    The A.P. Møller-Maersk conglomerate, which includes ocean carrier Maersk Line and port terminal operator APM Terminals (APMT), as well as e...
  • CMA CGM to use LNG for 22,000-TEU mega-ships
    CMA CGM will equip its nine future 22,000-TEU ships with engines that will run primarily on liquefied natural gas (LNG), the French ocean c...
  • Report: CSX may cancel Carolina Connector terminal
    CSX's previously proposed plans to construct an intermodal rail terminal in Rocky Mount, N.C. may be getting scrapped, multiple media sourc...
  • COSCO Shipping Intl. puts its money on Cogent Holdings, PT Ocean Global
    COSCO Shipping International intends to buy out Singapore-basedlogistics firm Cogent Holdings, as well as a 40 percent stake in the Indones...
  • Drewry: Dry bulk charter rates to recover beginning Q2 2018
    Dry bulk shipping charter rates should recover beginning in the second quarter of 2018 due in part to strengthening Asian iron ore demand, ...
  • ICS seeks 'zero CO2 emissions' for ocean shipping
    The International Chamber of Shipping (ICS), which represents shipowners' associations covering more than 80 percent of the world's maritim...
  • Great Lakes limestone trade grows 10.6% in October
    Shipments of limestone on the Great Lakes of North America rose 10.6 percent last month compared to a year ago, to reach a total 3.65 milli...
  • U.S. grain exports hit $18.9 billion in 2015
    Exports of U.S. feed grains and related products totaled $18.9 billion in 2015, according to a study released this week by the U.S. Grains ...
  • BNSF quarterly, YTD revenues rise
    CN Railways plans to have 250 new crew members hired and trained by the end of the year. Operating income for Burlington Northern Santa Fe ...

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The Bunker Bulletinweb site
NOVEMBER 7, 2017
  • NWE LSFO physical premiums buck seasonal trend, at strongest for Nov in 17 years
    The premium of physical FOB NWE LSFO cargoes over the front-month swap have reached their highest for November since the turn of the millennium.
  • Shell finalizes agreement for US East Coast LNG bunker barge
    Shell said Tuesday it has finalized an agreement with Q-LNG Transport for the construction of an LNG bunker barge that will service customers on the US East Coast.
  • Jianrong Wong - Senior Maritime Analyst, Platts Ocean Intelligence
    Meet our Singapore-based Maritime Business Analyst, Jianrong Wong.
  • Jason Silber - Global Head of Platts Ocean Intelligence
    Meet our Global Head of Platts Ocean Intelligence, Jason Silber.
  • Lawrence Lau - Senior Maritime Analyst, Platts Ocean Intelligence
    Meet our Singapore-based Maritime Business Analyst, Lawrence Lau.
  • Anu Das - Senior Maritime Analyst, Platts Ocean Intelligence
    Meet our Singapore-based Maritime Business Analyst, Anu Das.
  • Piraeus customs strike called for November 9
    Bunker traders expecting an impact on port operations in Piraeus.
  • OPEC expects 40% of 2020 bunker demand to be non-compliant
    Just 60% of bunker demand will be compliant with the sulfur limit in 2020, according to OPEC's "reference case" in its annual World Oil Outlook.
  • Andreas Hilides - Maritime Analyst, Platts Ocean Intelligence
    Meet our London-based Maritime Business Analyst, Andreas Hilides.
  • Istanbul bunker fuel prices buoyed by supply constraints elsewhere
    Fuel oil bunkering operations in Istanbul have tightened and prices firmed as delays in Piraeus and Novorossiisk has seen more business move to the Turkish port.
  • Container line CMA CGM confirms new ships will be LNG fueled
    "CMA CGM is becoming the first shipping company in the world to equip giant container ships with this type of motorization."
  • Singapore bunker fuel industry in state of flux after latest exit
    It is time to understand the Singapore bunker market has changed and redesign the business model, a trader said.
  • Maersk Line returns to profit in Q3 despite rising bunker costs
    The container line reported a net profit of $211 million in Q3 compared with a loss of $122 million a year earlier.
  • External: Wired Bunkering
  • External: Global Risk Management
  • Implied volatility in NYMEX crude rises on Saudi news

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