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25 September 2018 The on-line newspaper devoted to the world of transports 01:36 GMT+2

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Sched Netweb site
NOVEMBER 13, 2017
  • Asia-Europe rate drops 6.5pc to US$728/TEU, off 8.9pc to USWC
  • HMM posts US$865.4 million quarterly loss as revenues jump 21.1pc
  • Port of Long Beach sets October record, up 15pc to 669,218 TEU
  • Yang Ming back in black with US$42 million profit as revenues soar 23pc
  • CMA CGM ups Asia-E Africa rate US$250/TEU, adds northbound surcharge
  • DHL profit up 1.7pc to US$777.6 million as sales rise 5.7pc
  • China to approve of Maersk's Hamburg Sud merger if it limits route capacity
  • US reaps trade deals worth US$250 billion during Trump's visit to Beijing
  • 11 ships ordered by MSC are now believed to be bigger at 23,000 TEU
  • US federal trucking agency shuts down Georgia trucker after fatal collision
  • ICTSI Croatia opens intermodal service for wood exports
  • Indonesian shipping line Pelni to buy six 200-300 TEUers for US$37 million
  • US officials want more security funding for Los Angeles, Long Beach ports
  • Cathay Pacific dropped from Hang Seng stock index after decades
  • Jack Ma opens Alibaba e-fulfilment hub at Kuala Lumpur airport
  • AirBridgeCargo regains all its cargo slots at Amsterdam Schiphol airport
  • Turkish Airlines third quarter profit rises 23pc to US$939 million

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Exim Indiaweb site
NOVEMBER 12, 2017
  • Bahri hosts second edition of its annual Big Data Forum in Dubai
  • NYK Group to buy all of Yusen Logistics
  • Recovery seen in chemical shipping market
  • Shipping lines anxious over declining draught levels at Mumbai Port: MANSA
  • Govt to import onions
  • COSCO Shipping Ports to acquire APM Terminals Zeebrugge
  • King & Queen of Belgium grace Port of Antwerp reception in Mumbai
  • Kolkata Port looking at increased throughput in 2017-18
  • Major Ports register 3.27 pc growth during April-Oct.
  • MIA launches Cargo Flight Tracker website
  • Recommendations made by the GST Council at the 23rd meeting in Guwahati on November 10
  • Refunds of IGST paid on export of goods under Rule 96 of CGST Rules, 2017

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International Transport Journalweb site
NOVEMBER 13, 2017
  • Maritime indicators
  • Freight operators benefit from smoother curves
  • Torwegge lands automotive industry order
  • Bezos enters Logistics Hall of Fame
  • New cranes for Winning in Guinea
  • Swifter HGV handling in Vienna
  • ACG appoints ATC as GSA in Germany
  • New logistics centre for Christmas business
  • A call to banks to evaluate decarbonisation cost
  • Port Caraibes Guadeloupe wins Espo award
  • KTZ launches direct scheduled grain shuttle services
  • Emirates at Dubai Airshow and in run-up to Expo 2020
  • Dachser expanding in Dallas
  • Yang Ming - results improve in Q3/2017
  • Land, air and ocean transport under one roof
  • Malhotra joins Hill Dickinson in Singapore
  • Warm welcome for new Melbourne-Hong Kong link

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IHS Maritimeweb site
NOVEMBER 10, 2017
  • Damen takes controlling interest in Romania's Daewoo Mangalia shipyard
  • Fragile dry bulk recovery as fleet growth expected to hit 19-year low next year
  • Boskalis looks to more counter-cyclical investments in tough market
  • More feeder vessels earmarked for LNG conversion
  • Sri Lanka to remove foreign ownership limits on shipping businesses
  • Shipping should prepare for more cyber attacks, warns lawyer
  • ICS opts for positive view of EU emissions trading agreement
  • Yangzijiang Shipbuilding triples quarterly profit
  • Few positive signs in tough offshore services market
  • David Hammond discusses the future of Human Rights at Sea
  • Japanese shipbuilders' financials highlight challenging market
  • VARD slashes third-quarter loss with higher revenue
  • Sembcorp Marine wins FPSO hull order for Statoil's Johan Castberg project
  • Divergent fortunes forecast for tanker and bulk markets
  • HMM in the red again with third-quarter loss of USD54 million
  • Underutilised Hyundai HI sells part of yard to Hyundai Mipo Dockyard

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The Loadstarweb site
NOVEMBER 10, 2017
  • 'Not quick enough' - DHL Global Forwarding must change, says CEO
  • Severe cargo congestion at Heathrow subdues delight over record volumes
  • More blanked voyages on the cards as east-west container rates take a tumble
  • Rising volumes and revenue in Q3 helps HMM narrow its losses
  • Threat of shipping's inclusion in EU Emissions Trading Scheme recedes
  • Yang Ming records first profits for ten quarters
  • Menzies reinstates jobs lost at Schiphol with freighter slot cuts

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Marine Logweb site
NOVEMBER 10, 2017
  • ST Engineering says more about VT Halter LNG bunkering ATB
  • Wessels signs LOI for three more HFO to DF LNG engine conversions
  • WinGD commits to Shipdex digital data exchange protocol
  • Bollinger delivers FRC 26 USCGC Joseph Gerczak
  • Damen acquires Romania's Mangalia shipyard
  • Two sentenced in collision case that involved "illusion of motion"
  • Pittsburgh takes delivery of Lake Assault fireboat

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Lloyd's Listweb site
NOVEMBER 10, 2017
  • New Greek shipbroker Xclusiv opens its doors
    Partners behind new venture include well-known brokers formerly with BRS, Intermodal and ITCM
  • Dry bulk trade growth to outweigh fleet expansion
    Weekly roundup: Claksons predicts resurgent robust Chinese demand; BDI little changed on week
  • US box import boom set to slow
    Weaker inbound container growth forecast from November into 2018
  • Asia-Europe ocean freight rates fall 9%
    Shanghai-Los Angeles prices also dropped 5% this week, with average east-west prices expected to drop further next week
  • Beware the temptation to see a new normal
    More optimistic industry outlook might merely mean an end to shipping's long period of abnormality
  • Small and beautiful carriers are takeover targets as container consolidation continues apace
    PIL and Hapad-Lloyd are both on the cards, says Drewry China director Han Ning
  • DHL reports mixed third quarter results for forwarding arm
    Rising rates erode margins and profits of ocean and air forwarding businesses
  • DSME sells majority stake in Romanian yard to Damen for $26.5m
    South Korean and Dutch companies expect to complete the deal by November 29
  • Jurong Shipyard slapped with $294,037 fine for safety violations during rig construction
    Updated: SembCorp Marine agreed to pay the fine and has ramped up its work safety procedures
  • Daily Briefing
    Shipping will be included in the EU emissions trading regime
  • Shipping to benefit from global economy's 'new normal'
    Global economy is in an accelerating cyclical upswing, says BIMCO
  • Chemical tanker market to recover by late 2018, says Drewry
    Limited new orders coupled with a shrinking of the tonnage supply-demand gap to support
  • ECSA and ETF call for easing of administrative burdens on shipping
    Both organisations call for EU member states to be ambitious in harmonising reporting formalities at European ports
  • Fire breaks out on tanker at Gadani recyling yard for the second time
    Incident comes after an explosion occurred on the tanker in November 2016 that killed 31 workers
  • HMM posts third-quarter net loss
    Revenue rose 20% year-on-year as a result of cost optimisation measures
  • Oakland port gives initial approval to convert ex-military base into logistics complex
    Final approval from port authority expected by November 30
  • Strong cruiseship demand continues to drive Fincantieri results
    Results in line with group targets for the 2016-2020 business plan
  • Singapore gears up to be a key player in the global maritime arbitration sector
    With the launch of the Singapore Ship Sale Form and the recent developments to the widely used standard maritime forms...
  • GoodBulk posts second-quarter profit
    Company benefits from operating vessels as part of pools of 65 and 58 vessels respectively

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The Journal of Commerceweb site
NOVEMBER 10, 2017
  • Oakland moves closer to largest in-port US logistics hub
  • Surge of mega-ship capacity to hit the water in 2018
  • Trans-Pac spot rate slide signals slowdown
  • Carrier pricing fuels US East and Gulf coast share gains
  • Slot-stricken Schiphol explores Dutch call for local rule
  • DHL profits on strong express, e-commerce business
  • Asia-Europe rates fall amid rising capacity, limited sailing cuts

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TradeWindsweb site
NOVEMBER 10, 2017
  • OSG sees charterers shift to spot from term
    Tampa-based owner nears operating breakeven, but financing expenses result in loss.
  • Euroseas' revenue gains, but so does loss
    Athens-based shipowner benefits from better bulker and boxship markets, but writedowns hit results.
  • Fjord1 rakes in NOK 1bn from bond issue
    Fjord1 has completed a NOK 1bn ($123m) raid on the Norwegian bond market. The ferry company finalised the fundraiser today with the new paper to mature in November 2022. Jones Act owner OSG seeks to tap Norwegian bond market DNB Markets and Nordea led the offering, with Fearnley Securities and SpareBank 1 Markets also on the ticket. Fjord1 joins companies such as DFDS, Bonheur, Wallenius Wilhe
  • POSH reduces red ink in third quarter
    Singapore OSV group benefits from joint venture earnings.
  • Gener8 shares 'ready to rip' with asset sales all but done
    Executives expect discount to close as tanker market comes back to health in 2018.
  • Pyxis' Valentis puts faith in future
    Tanker owner says it is well positioned to benefit from upturn in rates.
  • GoodBulk IPO on cards in 2018, Pareto says
    CarVal deal has delivered three key ingredients to fuel the trip to New York Stock Exchange.
  • Namura Shipbuilding cuts first-half loss
    Japanese shipyard improves performance, but still set for full-year loss.
  • Kyoei Tanker profit falls back
    Japanese owner also sees revenue dip in first six months.
  • Pilot, captain guilty of 'motion illusion' collision
    Duo handed suspended sentences in clash involving car carrier and ro-ro.
  • Pangaea Logistics pushes up quarterly profit
    Bulker specialist sees bottom line and share price rise.
  • Great Eastern earnings slashed as rates fall
    Indian owner hit by decline in tanker markets in its second quarter.
  • Fincantieri pushes up profit
    Italian shipyard group has added 14 cruiseships to its books so far this year.
  • Borr Drilling climbs onto Oslo benchmark index
    Tor Olav Troim's Borr Drilling continues to build its position with investors having been added to the Benchmark Index in Oslo. The driller was one of seven companies to be promoted to the index from 1 December. VLGC specialist BW LPG was also among those set for the promotion. Borr shares were today trading at NOK 36.80 each, giving the company a market capitalization of NOK 17.53bn ($2.2bn
  • Damen seals deal for Daewoo Mangalia yard
    Dutch group buys Romanian plant from DSME to boost global operations.
  • Fredriksen backs Northern Drilling equity issue
    Shipowner comes up with cash to support $250m raise by distressed asset vehicle.
  • YZY's Ren says 40 Chinese yards will close
    Shipyard chief says capacity will be sharply reduced over next three to five years.
  • Tanker hit by second fire at Gadani as scrapping resumes
    Blaze breaks out on Aces as work restarts at breakers a year after previous fatal incident.
  • Arrested bulker put up for sale
    Jamaica launches auction of Italian-owned Trading Fabrizia.
  • HMM falls to loss despite revenue growth
    Restructured Korean shipowner's deficit was $54m in third quarter.
  • Pacific Radiance cuts the red ink in third quarter
    Offshore vessel owner making headway in raising fresh funds with potential investors.
  • Singapore Shipping eyes potential S+P return
    Car carrier owner "cautiously optimistic of investment opportunities" in the near term.
  • Jurong fined $294,000 over rig accident
    Singapore yard said to have failed in its duty to ensure the safety and health of employees.
  • PIL prices SGD 60m three-year notes
    Singapore liner operator sees investors offer just 25% of 2018 bonds under exchange offer.
  • Vard Holdings slashes the red ink
    Diversification strategy at Norwegian shipbuilding group looks to be starting to pay dividends.

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American Shipperweb site
NOVEMBER 10, 2017
  • FMC's NVO rate agreement simplification moves to proposed rulemaking
    The U.S. Federal Maritime Commission (FMC) on Wednesday voted to move forward with issuing a notice of proposed rulemaking in the Federal R...
  • WTO backs U.S. against Indonesia agricultural import licensing
    The World Trade Organization on Thursday ruled in favor of the United States when it reaffirmed that Indonesia's import licensing regimes f...
  • U.S. imposes countervailing duties on biodiesel imports
    The U.S. Commerce Department will begin to collect countervailing duties on imports of biodiesel from Argentina and Indonesia, the departme...
  • FTA, FRA award PTC grant funds to 17 projects
    The U.S. Department of Transportation's (DOT) Federal Transit Administration (FTA) and Federal Railroad Administration (FRA) have selected ...
  • OL Intl. acquires U.S. operations of Australian logistics firm
    New York-based logistics company OL International Holdings has acquired the U.S. offices of Transitainer Global, a specialist in the shipme...
  • EVA Air Cargo receives first Boeing 777 freighter
    EVA Air Cargo took delivery of its first Boeing 777 freighter on Wednesday for service on routes between Asia and North America starting in...
  • Port NOLA box volumes surpass 500k TEUs for its third straight year
    The Port of New Orleans (Port NOLA) surpassed the half-million mark for TEUs at its Napoleon Avenue Container Terminal for the third consec...
  • HMM posts $865.4m loss in Q3 2017
    Source: Sheila Fitzgerald/Shutterstock Hyundai Merchant Marine's container volumes for the quarter reached 1.05 million TEUs, an increase of...
  • Port of Long Beach sets monthly TEU throughput record
    Last month was the busiest October in the Port of Long Beach's history, as container volumes surged 15 percent compared to the same month a...

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The Bunker Bulletinweb site
NOVEMBER 10, 2017
  • Iraq announces plans to truck crude exports to Iran
    Iraq's Oil Ministry announced in a statement Friday that it has signed a "preliminary agreement" with Iran to export between 30,000 b/d and 60,000 b/d of crude oil by truck from the country's Kirkuk fields.
  • US rig count increases by nine to 907: Baker Hughes
    The US rig count rose by nine to 907 this week, driven entirely by an increase in oil rigs, Baker Hughes data showed Friday.
  • Italy's Trieste port to undergo partial maintenance Nov 14-20
    Scheduled maintenance will start Tuesday on berths one and two at the crude discharge terminal of the Italian port of Trieste, sources said.
  • NYMEX December crude falls below $57/b on profit-taking
    The oil complex weakened Friday, pulling NYMEX December crude 43 cents lower to $56.74/b, as traders likely closed out positions at the end of a week that saw crude futures reach levels last seen more than two years ago.
  • ARA dirty product stocks rise despite reports of tightness: PJK
    Stocks of fuel oil and other dirty products in the Amsterdam-Rotterdam-Antwerp hub edged up 57,000 mt in the week ended Wednesday to 1.413 million mt, according to data from PJK International.
  • External: Wired Bunkering
  • External: Marine Bunkering(Rotterdam)B.V.
  • FUTURES: Crude futures in consolidation mode after overnight rise

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