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12 December 2018 The on-line newspaper devoted to the world of transports 20:11 GMT+1




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Sched Netweb site
NOVEMBER 20, 2018
  • Cargo volumes at major ports up 7.2pc in H1 2018: report
  • Low freight rate, rising bunker prices lead to ZIM's Q3 US$6.6m loss
  • ONE welcomes fourth 14,000 TEU newbuild this year for Asia-Europe route
  • Industry group rallies against anti-competitive antics among alliances
  • Asian nations vow to uphold rules on the Fair Treatment of Seafarers
  • Supply chain evolution requires data and intelligence sharing
  • Cargojet Q3 revenues surge 28pc but net profits slip 16pc
  • Leipzig/Halle air cargo volumes breach 1m tonnes for the first time
  • Flexport beefs up management team with three key appointments

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Exim Indiaweb site
NOVEMBER 19, 2018
  • MANSA on an international platform with the unanimous election of Capt. Vivek Anand as FONASBA's Regional Vice-President for Middle East & Indian Subcontinent
  • MOL drill focuses on LNG carrier safety
  • Yang Ming receives 2018 Quest Quality Award
  • SEZ policy report submitted to Commerce Minister
  • US withdraws certain concessions to Indian exports
  • India's air cargo industry needs to grow at nearly 13 pc every year, says report
  • Jet Airways registers highest uplift of cargo by an Indian carrier in a single flight
  • The role of Blockchain in air cargo
  • WCO dedicates 2019 to transforming frontiers into SMART borders for seamless trade, travel & transport
  • WTO members adopt roadmap for reducing technical barriers to trade
  • Commerce Minister releases report on industrial park rating system
  • Delegates expected in large numbers for Shippers & LSP Business Forum on CTL 2018 in Vadodara on Nov. 22
  • Loan agreement inked with ADB to support lending by IIFCL

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International Transport Journalweb site
NOVEMBER 20, 2018
  • "We had a head start"
  • Strong bridge for heavy freight trains
  • Handling site for 150,000 vehicles
  • Wide gauge track between Austria and Slovakia
  • Lübcke Marine moves closer to Regent Europe
  • Maritime rescue training unit starting in Hamburg
  • British Airways and Iberia settle allegations claims
  • Barsan centralises Benelux operations
  • Palletised freight network expanding in Italy
  • Two Gulf carriers to deepen cooperation
  • CVC invests in DKV shares
  • Damen commissions floating dock in Curaçao
  • "Curiosity of the Day"
  • New train connects southern Germany and Trieste
  • Difficult Q3 for Zim
  • Biggest cargo airport continues to grow
  • New board member for operations at LH Cargo
  • New platform for spare parts business

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IHS Maritimeweb site
NOVEMBER 19, 2018
  • Euroseas, EuroDry eye fleet, single-ship buys
  • Orient Overseas to kick off Long Beach terminal sale next month
  • Investors will ultimately drive shipping decarbonisation
  • Shipowners could face multiple freight-rate tiers as they opt for low-sulphur fuel, scrubbers
  • Shipowners take stock of moves for uniform US standard on ballast-water management
  • Wah Kwong books Kamsarmax pair from Chengxi
  • Raffles Shipping orders six chemical tankers from Wuchang
  • Incoming BIMCO president champions benefits of diversity in maritime
  • Cash buyers hold on to more than 30 unsold ships
  • BGC Partners' takeover of Poten & Partners taps on oil and gas recovery
  • Heung-A Shipping offloads box ship to Kotoku Kaiun

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The Loadstarweb site
NOVEMBER 19, 2018
  • Air freight will benefit as China-US trade war tariffs force manufacturing moves
  • Supply Chain Screen: DSV denies something is brewing in Copenhagen
  • Panalpina chairman to quit following shareholder pressure
  • Drewry sides with those wanting extension to block exemption for joint liner services
  • We're not replacing forwarders, says AF-KLM as it unveils online booking platform
  • Analysis: just where, and on whom, will APMM's M&A gaze settle?
  • China's JD.com feels pressure as sales of big ticket items slow
  • Zim Q3 revenues highest in four years, but profits fall
  • Supply Chain Radar: Flexport gets away with it, as new funding round looms

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Marine Logweb site
NOVEMBER 19, 2018
  • Viking's LifeCraft solution passes demanding Heavy Weather Sea Trial
  • USCG and Starfleet rescue 15 from listing liftboat
  • Baleària ferry arrives at Gibdock for LNG fueling conversion
  • Offshore wind brings together Glosten, C-Job in MOU
  • Hurtigruten says it plans to fuel its fleet with dead fish

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Lloyd's Listweb site
NOVEMBER 19, 2018
  • Hong Kong must face challenges and embrace opportunities
    Industry players from Hong Kong's shipping sector, including Modern Terminals, CMA CGM and Kerry Logistics, discussed the problems of the...
  • Dry bulk weakness sets in
    While the capesize sector has been the hardest hit during this downturn, panamax vessels generated the most
  • Hong Kong urged not to rest on its maritime laurels
    Better interactivity between players and incentivising Chinese leasing companies, were among the measures suggested
  • Union pushes for increase in seafarer minimum wage
    The shipping trade union's general secretary will be leading negotiations with shipowners in Geneva this week
  • Between the Lines: Third-quarter results show promise
    There was strong revenue growth for the majority of container lines in the third quarter
  • Brexit is shipping industry's 'next big challenge', says minister
    The government has made good progress on the Withdrawal Agreement and on the scope and structure of the future relationship...
  • Ultrabulk explores wind power for vessel
    Danish dry bulk owner partners with Smart Green Shipping Alliance and others for a $128,576 feasibility study on retrofitting ship...
  • Costamare buys stake in five large boxships
    Greek owner to take over 60% previously held by private equity partner but joint venture relationship is said to be...
  • Strong demand drives up Transatlantic utilisation
    Transatlantic box numbers rose by 10% in the third quarter of 2018 compared with last year, according to MDS Transmodal
  • Alliances support box line competition
    Shippers have benefitted from alliances allowing smaller carriers to continue to operate on trade lanes that are increasingly served by...
  • May's Brexit deal may not be pretty, but it just about works for shipping
    As imperfect as Theresa May's divisive deal looks, the consequences for shipping businesses and the economy if the UK were...
  • BD Group says chairman arrested
    Local police said 58-year-old Sun Hengchao was suspected of a serious breach of criminal laws
  • Daily Briefing
    Euronav's Rodgers fears sunken costs with scrubbers | Lloyd's List Podcast: why the solution to pollution is not dilution |...

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The Journal of Commerceweb site
NOVEMBER 19, 2018
  • Atypical lull in US dray rates marks new peak-season reality
  • Brussels' strategy offers path for congested air cargo hubs
  • OOIL readies Long Beach terminal sale
  • Port NY-NJ launches upgraded portwide portal
  • New alliance calls to give Hamburg port early 2019 boost

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TradeWindsweb site
NOVEMBER 19, 2018
  • Genco Shipping extends fleet renewal effort with veteran panamax sale
    Genco Shipping & Trading is tipped to have taken a further step in a vast fleet renewal project. Brokers say the John Wobensmith-fronted company has sold the 73,00-dwt Genco Beauty (built 1999). Genco posts positive third quarter results A price of $6.7m is placed on the veteran panamax, however, a specific buyer has not yet been identified. Wobensmith declined to comment on the matter give
  • Dead fish to power Hurtigruten cruiseships
    Hurtigruten has found a novel way to be compliant with IMO 2020 - dead fish. The Norwegian owner has said cutaways from fisheries and other organic waste will soon be used to power its fleet of green cruiseships. They will use liquefied biogas (LBG) - a fossil-free, renewable fuel made from marine life. "What others see as a problem, we see as a resource and a solution. By introducing biogas as
  • Industry coalition sues over Great Lakes pilot rates
    A coalition of shipowners and industry groups are suing to get the most recent Great Lakes port pilot rates overturned. Watchdog assesses Great Lakes-St. Lawrence Seaway Construction materials lift Great Lakes dry bulk trade The coalition, which includes Canadian bulker owners Fednav and Canfornav, alleges the US Coast Guard used fuzzy math and faulty logic to set rates that will substantially
  • Richard Fain has no plans to retire anytime soon
    Royal Caribbean Cruises' long-time leader looks to expand Silversea Cruises while keeping founder Manfredi Lefevre at the helm of the smaller luxury cruise brand.
  • Ships position for first Yamal STS transfer off Norway
    Two LNG carriers poised to rendezvous Tuesday for a historic transshipment for the Russian project
  • Down in trading, Ardmore backs off note offering
    Ardmore Shipping Corporation is backing off its plan to issue debt, just hours after announcing it. Ardmore Shipping moving forward on notes sale The Irish tanker owner said Monday morning it would offer senior unsecured notes due 2023 in a move that would raise even more cash after a $400m August shelf filing and $25m at the market offering. But rumors the deal was running into difficulties sp
  • Royal Caribbean International keeps millennials in mind
    World's largest cruise brand looks to keep pace with 21st century young adults, chief executive and president Michael Bayley says.
  • Pacific Drilling exits Chapter 11 with new CEO and $400m in liquidity
    The company raised $1.5bn, most of it new secured notes, while appointing Bernie Wolford chief executive
  • Weihai Haida inks ro-pax newbuilding
    New passenger and car ferry will carry 2,300 people.
  • V.Ships wins Chilean cruiseship contract
    Manager to run Asenav newbuilding Magellan Explorer for Antarctica21.
  • Crew rescued from sinking OSV
    US Coast Guard helps rescue seafarers from Ram XVIII off Grand Isle.
  • Ardmore Shipping moving forward on notes sale
    Ardmore Shipping is heading into the debt market to fund a potential fleet expansion. Ardmore not 'going down the scrubber route' Pacific MR rates set to lift on fresh Chinese export quotas The New York-listed tanker owner announced Monday plans to offer senior unsecured notes due 2023 to fund "general corporate purposes," which it say may include future vessel purchases. The value of the offe
  • Diamantis Diamantidis strikes again as Delta Tankers picks up $114m VLCC pair
    Greek shipowner believed to be buying modern VL duo Tianjin and GC Fuzhou
  • Opec cuts no 'showstopper' for tanker market, says Frontline
    Robert Hvide Macleod says turning down the taps would be negative but not the end of the world for tanker rates.
  • UK Chamber: "put up or shut up" on Brexit
    CEO Bob Sanguinetti says opponents of the UK withdrawal deal need to demonstrate a workable alternative.
  • Klaveness Combination Carriers takes newbuilding orderbook to six ships
    Klaveness Combination Carriers has added to its newbuilding orderbook with a further vessel at Jiangsu New Yangzi Shipbuilding. The Oslo-listed shipowner has taken its tally of CLEANBU units at the Chinese yard to six after firming up an option today. Klaveness Combination Carriers rings up third quarter profit Lasse Kristoffersen said in a statement the company was well positioned to capitali
  • Ullman: scrubbers and LSFO should work in "good harmony"
    Concordia Maritime chief believes it is not a "for or against" argument.
  • Yard worker dies after drydock collapse
    A worker injured in a drydock collapse in Russia in October has died. Radio Free Europe cited a Russian government spokesman as saying the man passed away in intensive care after being unconscious for nearly a week. He suffered multiple injuries and hypothermia. Four men were injured and one was reported missing following the incident at Rosneft's 82nd Repair Shipyard near Murmansk. At least
  • Magseis teams with Schlumberger on seismic data
    Norwegian owner Magseis is teaming up with US giant Schlumberger to offer seismic data. Magseis buys Fairfield's seismic business for $233m It has signed an agreement with its new partner's geophysical unit WesternGeco. Magseis will offer seismic services including ocean-bottom nodes (OBN) acquisition, while WesternGeco will provide data quality control and processing. "We are delighted to par
  • Wah Kwong enters kamsarmax market with Chengxi order
    Sabrina Chao-led company confirms first bulker newbuilding order in half a decade.
  • Costamare buys York Capital out of containership quintet
    Finance chief Greg Zikos says transaction allows investment partner an exit path on specific ships but JV still has 12 other vessels.
  • Drewry foresees mega-carriers replacing alliances
    Consultancy weighs in on arguments for exemption of container lines from competition rules.
  • VIDEO: Grounded cargoship refloated off Greece
    Crew taken off Koravi as tugs pull it free.
  • MISC cuts tanker loss, but LNG profit dips
    Malaysian owner sees better prospects for product vessels in short-term.
  • Stolt denies detaining activists after tanker boarding
    Owner says Greenpeace palm oil protesters were given a safety briefing, food and accommodation.
  • Diana Shipping inks Berge Bulk capesize charter
    Diana Shipping has chartered one of its capesize vessels to Singaporean shipowner Berge Bulk. The James Marshall-led company will take the 176,186-dwt Sideris GS (built 2006) until 15 December 2019 with the potential to extend the deal until 30 March 2020. Diana Shipping sells second veteran bulker in a week Diana Shipping sells 17-year-old panamax bulker The deal is for $8,500 per day for th
  • Klaveness Combination Carriers rings up third quarter profit
    Newly-listed Klaveness Combination Carriers has reported a profit for the third quarter. The company logged a profit of $1.3m in the three months to the end of September, to take its bottom line for the first nine months of 2018 to $8.8m. Minister rescues royals as Klaveness wows the crowds in Yangzijiang Klaveness raises $45m to declare combi option Engebret Dahm, managing director Klaveness
  • Gulf Navigation buying livestock carrier quartet
    Gulf Navigation is set to buy four livestock carriers as it continues to build its fleet. It is set to pay AED 420m ($114m) for the ships, the purchase of which has been approved by the board. The vessels will add to the six chemical tankers an four crew boats in the Gulf Navigation fleet, which it is looking to take to 20 units by 2020. Gulf Navigation closing in on fresh acquisition Khamis B
  • MPC Capital : investors "cautious" as profit falls
    Hamburg asset manager sees earnings "significantly" down in third quarter.
  • Wilmar International linked to tanker order
    Singapore group said to have inked two more ships in China.
  • Gunvor seals $1.68bn loan with ABN Amro and others
    Trader and shipowner taps a range of banks for new facility.
  • OSV problems fixed as gold-hunting salvage begins
    Britannia's Gold makes another attempt to bring back $750m of gold and silver from Irish Sea wrecks.
  • Courage Marine acquires modern supramax bulker
    Hong Kong-listed shipowner splashes out $10.88m on ship owned by major shareholder.
  • Chinese lessors book 10 capes at Shanghai Waigaoqiao
    Bulkers have been ordered on the back of bareboat charters to Shangdong Shipping Corp.
  • Sealink International halves losses in third quarter
    Malaysian offshore vessel operator says there is more optimism over prospects for the sector.
  • Singapore and China strengthen maritime arbitration links
    Nations agree closer links as maritime dispute resolution continues its move ever eastward.
  • CNCo looks to improve gender diversity with first female cadets
    Singapore-based shipowner also looking to develop local talent with recruits coming from PNG.

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American Shipperweb site
NOVEMBER 19, 2018
  • Trade war 'wild card' for container shipping in 2019
    BIMCO projects with capacity growing at half of this year's levels, "the fundamental balance can only improve."
  • BIS considers emerging technology export controls
    The Commerce Department agency is tasked with figuring out which new technologies should receive additional export oversight for national security purposes.
  • USTR seeks input on U.S.-U.K. trade agreement
    The Trump administration will collect comments through Jan. 15 and will hold a hearing Jan. 29 as it develops negotiating positions.
  • Toshiba memory devices cleared for import and sale
  • Evergreen has $25 million profit in third quarter
  • ONE expanding Asia-South America service
  • FMC reviews 10 OTI license applications
  • Executive Moves: Worldwide, KVH, Carrier

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The Bunker Bulletinweb site
NOVEMBER 19, 2018
  • Saudi crude exports hit 20-month high
    Saudi Arabia crude oil exports surged to a 20-month high of 7.43 million b/d in September.
  • External: Marine Bunkering(Rotterdam)B.V.
  • Maersk Group favors low sulfur fuels, working on new BAF, says exec
    "Our main policy is to opt for compliant fuels but also test scrubbers in some of the ships," Pedersen said.
  • Operational use of VLSFO likely to be smooth as IMO 2020 rule looms: VPS executive
    "Large shipowners have already been sending us the new 0.5% fuel sample test blends," Choudhuri said.
  • FUTURES: Crude higher as markets anticipate OPEC cuts
    "We may continue to see a modest recovery in prices until December, when OPEC and its allies convene," an analyst said.




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