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22 November 2017 The on-line newspaper devoted to the world of transports 08:37 GMT+1




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Sched Netweb site
OCTOBER 30, 2017
  • Cosco Shipping Ports' 9-mth gross profit slips while revenue increases
  • S Korea's Gwangyang port needs govt help to recover lost volume
  • Increasing number of megaships make N Europe port calls
  • Port of Antwerp's Q1-3 cargo throughput up 3.3pc to 167 million tonnes
  • Transatlantic container traffic rises in both directions up to Q3: Drewry
  • 50-years ahead, boxships will be autonomous and carry 50,000 TEU: McKinsey
  • Bangladesh inland waterways help reduce costs and ease congestion
  • Kenya to build US$339m box facility to remain E Africa's biggest port
  • Colombo port handles one of Asia's biggest boxship, the 20,568 TEU Milan Maersk
  • London airports 'completely full' by mid-2030s: UK government forecast
  • Forwarders need to embrace the digital age to maintain a role in supply chain
  • Cargojet extends contract with Canada Post to at least 2025

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Exim Indiaweb site
OCTOBER 29, 2017
  • Ship operating costs seen increasing for 2017 & 2018
  • The Germane of Statutory Measures to Ship Arrests in India
  • Transworld Group reaffirms commitment to trade through service excellence at Gandhidham event
  • Indo-Bangladesh trade looking up
  • Coastal shipping boosted as JNPT & Karwar Port get Grants-in-aid under Sagarmala Coastal Berth Scheme
  • Deendayal Port Trust imposes penalties to curb unsafe practices while loading & discharging cargo
  • Nitin Gadkari digitally flags off RoRo ship carrying trucks from Chennai Port to Mongla Port in Bangladesh
  • V. O. Chidambaranar Port handles longest container vessel at Dakshin Bharat Gateway Terminals
  • Bharatmala Pariyojana to commence next year
  • NACFS, CBEC seminar discusses modalities of e-sealing for export containers

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International Transport Journalweb site
OCTOBER 30, 2017
  • «In the right place at the right time»
  • Logistics support for world-class musicians
  • Carbon footprint lightened again
  • Expert moves to Prologis logistics park
  • Cost of vessel operations rising, says Moore Stephens
  • Symbolic handover for forwarding software provider
  • IAG Cargo to start Madrid-San Francisco service
  • New transport order for US railroad's dock service
  • Maximizing the Asia-Europe trade till 2020
  • Shipserv reshuffles management team
  • Alitalia operating more routes for Etihad Cargo
  • US shortline railroad recognized for high safety level
  • Neptune solution for Geodis customers
  • Woodland Group expands to Cork
  • Freeport appoints new CFO
  • Qatar Navigation's results under pressure
  • Skycargo diverts a Frankfurt service to Luxembourg

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IHS Maritimeweb site
OCTOBER 27, 2017
  • Attica buys out Grimaldi at Hellenic Seaways
  • Shipping prepares for 2020 sulphur deadline
  • COSCO, Sinotrans, Zhonggu agree to build six river box ships
  • Bernhard Schulte homes in on LNG as clean marine fuel
  • China Merchant Energy Shipping sees slump in net profit from tanker sector
  • ICBCL covets its cargo clients
  • Samudera sells two of six Indonesia-flagged vessels
  • Libya and Nigeria key to Africa crude output
  • Bomin shelves plan to open Seoul office
  • US Gulf LNG, crude exporters pump up the volume

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The Loadstarweb site
OCTOBER 27, 2017
  • Xpediator scoops up rival Benfleet Forwarding for £6.5m: first takeover since IPO
  • Asia Pacific the star performer as IAG Cargo reports strong third quarter
  • Relief for carriers as decline in east-west container rates finally bottoms out
  • Analysis: after a stellar Q3, is DSV building a new M&A warchest?
  • North American railroads enjoy strong third quarter, despite Hurricane Harvey
  • Ports and shipping: the need for solutions that cross lines

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Marine Logweb site
OCTOBER 27, 2017
  • IMO makes progress on drawing GHG reduction road map
  • Exempting Puerto Rico from Jones Act remote
  • Naviera Armas to acquire Trasmediterranea
  • China looks to Iceland to help speed smart ship development
  • Inmarsat responds to report of cyber vulnerability
  • Propeller Club convention eyes the future

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Lloyd's Listweb site
OCTOBER 27, 2017
  • Daily Briefing
    $30m giveaway is a smart tactic, Britannia P&I insists
  • MPC Container Ships buys two vessels as part of fleet expansion strategy
    Company to take delivery of the vessels next month
  • Two birds, one stone
    What is behind Cosco Shipping's private placement?
  • Attica Group inks deal to acquire Grimaldi stake in Hellenic Seaways
    Agreement is latest move in Greek ferry consolidation and also provides for sale of two ships to Italian group
  • Shippers and shoppers in the sights of ports giant DP World
    Dubai-headquartered DP World shows that markets can be created that will generate cargo volumes by demonstrating to shippers and forwarders...
  • Maran Tankers strengthens team with new commercial director
    Ex-Onassis chartering man brought in for top private VLCC and suezmax fleet
  • Is the EU Ship Recycling Regulation a lame duck?
    Twenty-two non-European shipyards are fighting for the EU's good graces, none of which are expected to make the list before...
  • South Korean bourse to resume DSME share trading
    Trading of DSME shares will be resumed on October 30
  • Capesize earnings lose steam after tropical storm hits Chinese ports
    Environmentally-friendly policies from Chinese congress not good for the market, says Stifel
  • Last Word: Lloyd's List APAC Awards
    Lessons in fake news, psychedelic lights, birthdays and an enthralling live band keep things interesting at the Lloyd's List Asia Pacific...
  • OOCL's third quarter volumes and revenues up
    Better conditions on Asia-Europe and transpacific trades boost earnings
  • Transpacific GRIs gain traction
    Relief at last for Asia-North American carriers, but fourth-quarter supply overhang prompts fears rate rise will be short-lived
  • Vale revenues leap but Chinese environmental policies confuse outlook
    Miner expects 2017 iron ore output to be at the lower end of its production guidance
  • Samudera Shipping offloads boxship and tanker amid Indonesia vessel restrictions
    Group plans to exit Indonesia domestic trade after vessel disposals
  • GasLog Partners raises dividend for fourth consecutive quarter, with more increases likely
    Steady dropdown acquisitions and favourable market outlook for vessels coming off-hire in 2018
  • GoodBulk to acquire up to 13 capesize bulkers
    Seller CarVal Investors set to become largest shareholder after initial seven-ship transaction

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The Journal of Commerceweb site
OCTOBER 27, 2017
  • Trans-Pacific spot rates stage late-peak rally
  • CSX cuts domestic intermodal services amid peak season
  • Analysis: Deadlocked talks complicate post-Brexit logistics
  • Under pressure, US transport rates keep rising
  • JNPT infrastructure to aid Indian coastal shipping drive
  • OOCL rides Asia-Europe volume wave
  • Asia-Europe spot rate up after 13-week slide

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TradeWindsweb site
OCTOBER 27, 2017
  • Armas buys Trasmediterranea in $468m deal
    Spanish owner snaps up ro-pax and ro-ro rival from Acciona.
  • North Sea OSV layups gathering pace again
    Viking anchor-handler exits market, with potentially more to follow.
  • Capital Product Partners back on growth trail
    Jerry Kalogiratos says refinancing will allow MLP to look at dropdown opportunities.
  • Clarksons Platou backs GulfMark recovery
    Investment bank says restructured owner has potential to more than double equity value.
  • Schulte sees quicker switch to LNG fuel
    Director Angus Campbell sees carbon dioxide rules driving a greater dash to gas.
  • Fugro scoops Canadian survey job
    Dutch owner teams with AGI for work off east coast.
  • Pair of capesize bulkers head to demolition
    Demolition sales for two capesize bulkers were under discussion this week amid a lively secondhand market in which the scrapping of large units has become something of a rarity. Brokers report that Sinokor Merchant Marine of South Korea is selling its 161,000-dwt bulker Silver Express (built 1995) for demolition. One says the vessel, which was purchased as Aquabella in November 2012 from Pete
  • OOIL top line on the rise as Asia-Europe trade improves
    Hong Kong-listed container line reports improvement in revenue for third quarter.
  • Triyards hit by more claims
    Suppliers pursue cash as Singapore yard keeps talking to banks.
  • Downgrade for Dorian as DNB drops VLGC forecasts
    Nicolay Dyvik and colleagues revise VLGC rate expectations amid lower US exports.
  • Ezra seeks more time for restructuring
    Singapore offshore owner wants 120-day extension to US process.
  • MPCC buys Lomar, FSL boxships
    Expanding Oslo-listed owner brings fleet to 25 vessels with latest deals.
  • Polarcus reduces loss as it targets further cost cuts
    Polarcus has reported a lower loss for the third quarter thanks to what it called robust activity over the summer months. And cost saving efforts will continue with vessel operations jobs centralised at its head-quarters. Duncan Eley-led Polarcus booked a loss of $9.1m in the three months to the end of September, down from the $17.4m red figure at the same stage a year ago. The shipowner says t
  • Mogster builds Dof stake as Mohn sells out
    Offshore owner's chairman lifts holding to 58% in share transfer.
  • Pangaea Logistics steps up to plate with supramax buy
    Nasdaq-quoted company has bought its fourth bulker this year as disciplined growth continues.
  • Bonheur completes $61m bond sale as loss grows
    UPDATE: Fred Olsen holding company closes Oslo fundraiser after weaker third quarter.
  • Fujian Yonghang inks bulker order
    Chinese owner picks Fujian Southeast for new handysize.
  • OCBC flags continued stress in oil and gas
    Singapore lender said non-performing assets rose 15% mainly led by accounts in offshore sector.
  • ASEAN crude imports to double by 2040
    Region's energy demand to grow by two-thirds over next 20 years, says International Energy Agency (IEA).
  • GoodBulk to buy up to 13 CarVal capesizes
    John Michael Radziwill dry vehicle to pay for ships using stock and take on existing borrowings.

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American Shipperweb site
OCTOBER 27, 2017
  • WTO stands behind U.S. 'dolphin-safe' labeling
    The World Trade Organization said the U.S. government's "dolphin-safe" labeling requirements for tuna complies with the trade body's rules....
  • PANYNJ adopts new board ethics code
    In the wake of the replacements of its executive director and board chair, the Port Authority of New York and New Jersey (PANYNJ) has adopt...
  • Union Pacific ups Q3 earnings despite Harvey disruption
    Union Pacific recorded a net income of $1.2 billion for the third quarter of 2017, a 6 percent increase from the third quarter of 2016, des...
  • Milaha profits down 52% year-to-date
    Qatar Navigation (Milaha) posted a year-to-date net profit of QR 363 million (U.S. $96 million), a 52 percent reduction from the QR 759 mil...
  • Delphi Automotive to acquire nuTonomy for $450m
    Delphi Automotive has inked an agreement to acquire startup software provider nuTonomy, Inc. for $400 million and earn-outs totaling approx...
  • GLP moves forward with privatization plans
    Singapore-based warehouse operator Global Logistic Properties, Ltd. (GLP) has dispatched to shareholders the scheme document in relation to...
  • CN to hire 600 crew members in Western Canada
    Canadian National (CN) Railway is looking to hire 600 conductors and crew members, particularly in Western Canada, due to higher-than-expec...
  • Spot container rates rise on Shanghai to Europe, U.S. trades
    The Shanghai Shipping Exchange's Shanghai Containerized Freight Index rose 8 percent since last Friday's reading of 747.38 to a reading of ...
  • COSCO SHIPPING Ports thrives in Q3 2017
    COSCO SHIPPING Ports Ltd. recorded profits attributable to equity holders of the company of $67.2 million for the third quarter of 2017, su...

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The Bunker Bulletinweb site
OCTOBER 27, 2017
  • Panama Canal launches emissions calculator to reduce CO2, show shipping costs
    The Panama Canal Authority is now providing shippers transiting the canal a tool to assess their carbon emissions and calculate their cost savings for taking that route between the Atlantic and Pacific oceans against the Suez Canal or around Africa.
  • ANALYSIS: Japan implements new refining regulation; impact on crude uncertain
    Japan's Ministry of Economy, Trade and Industry on Friday implemented new regulations under which refiners have to raise their residue cracking volumes.
  • Total, Eni upbeat over impact of IMO sulfur cap on refining margins
    European oil majors Total and Eni are confident they are well placed to benefit from a switch to tougher sulfur limits for marine fuels that will be imposed from 2020 onwards.
  • Japan bunker fuel market faces more disruption as second storm approaches
    Japan's bunker fuel market has once again been hit by delays, cancellations and barge congestion issues as it grapples with the approach of yet another storm this weekend.
  • East Med bunker prices near 28-month high on tight HSFO
    Bunker fuel at Malta and Istanbul reached its highest price in over two years.
  • External: Wired Bunkering
  • Shipping's focus on carbon emissions to hasten pace of LNG bunkering
    "We need to help the members to kick-start the industry," Walter P. Purio, CEO, LNG Marine Fuel Institute, said.
  • FEATURE: Pricing diversity helps keep Russia the top crude supplier to China
    China's demand for Russian crude unfazed by Brent-Dubai volatility - Narrow Brent-Dubai spread boosts demand for Urals - Wide Brent-Dubai EFS spurs demand for ESPO
  • FUTURES: ICE Brent holds onto overnight gains, hovers around $60/b
  • INTERVIEW: Germany's BSM bullish about LNG bunkering ahead of IMO's 2020 rule
    "We are advocating LNG fueling for newbuilds," Campbell says.
  • FEATURE: Reformate arb from ARA to China slows, but high exports anticipated
    An aromatics market source said that November 10 could be the deadline among blenders to get molecules on the water and out to China.
  • Oil market balance contingent on OPEC/non-OPEC cut extension-- PAJ chief
    - Kimura sees slight market oversupply in 2018 - Trump threats on Iran not a factor in Japan's import decisions - Iran is Japan's 6th largest crude supplier
  • Saudi Aramco buys Gunvor's stake in major Rotterdam terminal
    Acquisition set to complement Saudi Aramco's export activities in Europe.




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