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26 March 2019 The on-line newspaper devoted to the world of transports 09:13 GMT+1

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Sched Netweb site
MARCH 27, 2018
  • Maersk Line cuts Asia-Europe, Med strings to avoid overcapacity
  • FESCO's Vladivostok volume soars 42pc to 467,940 TEU, ro-ro up 52pc
  • Chinese tariffs on US pork leave Hong Kong owner of Smithfield reeling
  • Rotterdam port to build new road link to Maasvlakte to ease box flow
  • ONE chief executive expects consortia to enter settling period
  • Korea's Heung-A rebuts spreading tales of its fearful finances
  • Amsterdam revives with Samskip boxes and China freight in train
  • Restaurants blast fed rules for truck shortage, 'new bill would help'
  • Delhi promote IT, tourism, 10 service sectors to boost exports
  • Hiab offers Multilift Commander for difficult terrain box handling
  • Huawei and IATA partner to digitise airports of the future
  • Air Transport Services Group ratify new 4-year union contract
  • Singapore consortium to aid Asian-Pacific airport development

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Exim Indiaweb site
MARCH 26, 2018
  • CMA CGM cancels Port Congestion Surcharge for Kuwait's Shuwaikh & Shuaiba
  • Gathering of tanker industry to look at competitiveness
  • MSC continuing to offer full port-to-ramp services in US
  • PIL enhances Asia to Mexico/WCSA/WCCA services
  • SAL Heavy Lift & Sai Maritime once again successfully pull off a difficult operation with ease & panache
  • Setback in free trade could impact recovery of German shipping banks, says study
  • Wan Hai Lines & COSCO Shipping to launch new China to Vietnam service
  • Yang Ming returns to profitability in 2017
  • YM to launch new Japan-Malaysia-Vietnam direct service
  • Paradip Port clocks all-time high over 100 mt in 2017-18
  • Rotterdam port to develop container exchange route linkage
  • Cathay Pacific Cargo & va-Q-tec sign partnership agreement
  • DP World Intermodal enhances connectivity to Central India

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International Transport Journalweb site
MARCH 27, 2018
  • Patience remains a virtue
  • Vehicles for conveying out-of-gauge beams
  • One of Lufthansa Cargo's most successful years
  • Trans-o-flex rolls out new express product
  • More trains between Austria and Hungary
  • New equipment for St. van den Brink
  • Ecsa says IMO needs to table GHG reduction targets
  • Panattoni building for Volkswagen
  • US class I railroad lands major order from Singapore
  • New air cargo terminal at new Muscat airport
  • South Australia swears in new transport minister
  • Honour for port of Corpus Christi supporter
  • BDP International certified in Turkey
  • More shuttles between Belgium and Sweden
  • Two firsts for Boeing

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IHS Maritimeweb site
MARCH 26, 2018
  • EU approves IBM/Maersk joint venture
  • Insurers head to Asia to address cyber concerns
  • Two-year study to assess vessels for rigid sail installation
  • Romanian state to take control of Daewoo Mangalia
  • Seadrill cancels drillship orders at Samsung HI and DSME
  • China strengthens ties with Abu Dhabi Ports
  • Gulftainer set to expand US presence with Wilmington port bid
  • Heung-A Shipping to sell more vessels to boost liquidity
  • STX O&S unionised workers strike to protest about job cuts
  • Unisea books Aframaxes at Samsung HI
  • Korea Line increases SM Line's debt guarantee for container orders
  • Polaris Shipping enters tanker segment with Navig8 deployment

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The Loadstarweb site
MARCH 26, 2018
  • Cheap charter rates give HMM's new panamax service a competitive edge
  • US Customs struggles to position itself to handle the flood of e-commerce traffic
  • Yang Ming sails back into the black with a $500m improvement
  • Autonomous vehicles seem to have passed the test at Heathrow
  • Analysis: Rising staff costs may be a package too heavy to carry for DP-DHL
  • Promotion to executive board for Cargotec's Soili Makinen
  • US shoppers and Chinese suppliers face Trump levy
  • Three steps to getting started with supply chain AI
  • Tesla car deliveries in Norway delayed by 'dangerous' transporters

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Marine Logweb site
MARCH 26, 2018
  • New 16-cylinder MTU Series 8000 engines to power French frigates
  • VOC recovery system promises big fuel savings for AET Tankers
  • SHI Smart Ship Solution gets ABS Cyber Safety certification
  • Coldharbour retains ClassNK to gain Japanese BWTS type approval
  • Marinakis vigorously denies connections to heroin smuggling case
  • VIDEO: Spending measure funds new maritime academy training ships
  • Jeffboat to shut down

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Lloyd's Listweb site
MARCH 26, 2018
  • Marinakis dismisses drugs probe as 'fabricated plot'
    'No effect' on Capital Maritime or Capital Product Partners, says senior executive
  • UK's Maritime and Coastguard Agency charts digital future
    Digital enhancements and employment drive to prepare UK safety agency for post-Brexit Britain
  • Swedish owners following car makers to greener solutions
    Commercial reality combined with politics lies at the heart of Sweden's Electromobility for Shipping initiative
  • Smaller boxships return to east-west trades
    Cheap charter rates and relatively low bunker costs mean classic panamax boxships can make a profit in a trade mainly...
  • Five things to watch: Crude tankers
    Most market players hold a dim view over earnings prospects this year even as rising scrapping volume could pave way...
  • IMO urged to ward off unilateral action with ambitious decarbonisation strategy
    Shipowner groups rally on global carbon reduction consensus ahead of April Marine Environment Protection Committee meeting in London
  • Swedish companies lead collaboration to promote electric shipping
    Two major Swedish maritime businesses have joined forces with a research institute, a battery technology specialist and the shipowners' association...
  • Seadrill scraps $2.3bn of orders at Korean yards
    SHI and DSME say they are seeking buyers and working to minimise the financial impact
  • Charter market sentiment stays strong
    Rates head north amid fixture frenzy as carriers rush to secure tonnage needs from a dwindling idle fleet
  • Yang Ming and Evergreen back to profit
    Yang Ming's box volume grew 9% to more than 4.7m teu last year
  • EU drafts united CO2 reduction strategy
    EU maintains decarbonisation targets but gives member states flexibility to manoeuvre during negotiations
  • K Line gains $134m on property disposal
    Japanese corporation bought the Daito Tamachi Building in Tokyo owned by K Line's tugboat subsidiary Daito Corporation
  • Cosco Shipping Ports benefit from terminal growth
    Company pledges to continue exploring investment opportunities in foreign ports
  • DP World secures 30-year concession to operate Congo port
    Port operator to hold 70% stake in the joint venture with 30% held by the Congo authorities
  • Abu Dhabi Ports signs pact with China trade body
    Partnership signed during a conference organised by an ADPorts unit and the Chinese Business Council
  • GasLog secures two charter deals in third and fourth quarters
    Both agreements feature options to extend the vessels' employments at higher rates
  • GoodBulk sells one capesize and acquires another
    When the deals are completed, the company will have a fleet of 22 capesize vessels, one panamax vessel and two...
  • Yangzijiang takes major stake in Chinese trading firm
    Shipbuilder aims to become less dependent on third parties for steel-related product transactions

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The Journal of Commerceweb site
MARCH 26, 2018
  • ELDs capable of paving way to task-based driver pay
  • 2018 Warehousing Service Providers Directory
  • Yang Ming returns to profit
  • LA-LB terminals weigh options to PierPass program
  • Rail volume share declines at India's top, private ports
  • Global economy brightens prospects for multipurpose carriers

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TradeWindsweb site
MARCH 26, 2018
  • Korean ferry aground on rocks
    Coast guard rescues 163 people from Pink Dolphin.
  • Frontline stake in DHT Holdings fully sold
    Final shares in initial $46.1m stake have now been divested, Frontline report confirmed.
  • Wartsila signs $37m VOC deal with AET
    Finnish group says recovery kit will save 3,000 tonnes of fuel per year.
  • Navios Midstream cuts payout as VLCC deals start fleet renewal
    Reduced payout comes as owner reveals purchase of tanker from Navios Acquisition.
  • Marinakis match-fixing charge may be dropped
    Top Greek court orders lower judges to review November decision to refer Greek owner to trial in wide-ranging football probe
  • Tallink down as it ends strategic review
    Shares fall as ro-pax owner takes no action after hunt for investors.
  • Odfjell chief Morch eyes chemical tanker turnaround
    Oslo-listed shipowner says this could be the year rates take a turn for the better.
  • Eastern Pacific LPG carrier finds year charter
    Idan Ofer's Eastern Pacific Shipping has fixed out a midsize LPG carrier in a deal that could be worth $5.6m in gross revenue. Dubai trader BGN International has chartered the carriers the 38,000-cbm Manitoba (built 2016) for some $460,000 and $470,000 per month, which equates to between $15,100 and $15,500 per day. Singapore-based Eastern Pacific ordered the Manitoba for $51m at Hyundai Mipo Do
  • WEB TV: Maersk and MSC ships collide
    Video footage captures impact between 2M partners' vessels in Peru.
  • Warner steps in as interim chairman of Clarksons
    Long-time UK Athletics chairman takes temporary post following illness to James Hughes-Hallett.
  • 3i sells Scandlines in $2.1bn deal
    Fund sells out to First State and Hermes, but then buys back smaller holding.
  • Shipping stands stronger than S&P 500 as US and China joust
    US stocks slump most in two years with dry bulk hardest hit among maritime equities.
  • Fredriksen in talks to buy cancelled Seadrill drillships
    Four vessels worth $2.2bn could become part of private empire after contracts terminated at DSME and Samsung.
  • Cost-conscious Yang Ming returns to profit
    Focus on operating expenses pays off for Taiwanese container line.
  • Grindrod seeks consolidation after Nasdaq move
    South African shipowner says US listing will not change focus in shipping sector.
  • Roper Taylor moves upstairs at Vitol
    Russell Hardy takes over as new CEO of trader and shipowner; profit 'drops'.
  • VLCC orders and demolition neck and neck in 2018
    Tanker owners are ordering new VLCCs almost as fast as their peers can scrap them. Allied Shipbroking counts 15 firm VLCC newbuildings placed this year which have been assigned IMO numbers, while TradeWinds has identified 17 VLCCs sold for demolition in 2018. Kyklades Maritime is the latest shipowner to have added VLCCs, following peers KOTC and JX Ocean, which has inked a single VLCC at Japan M
  • K Line banking $134m from sale of towage unit
    Japanese owner offloads Daito Corp to compatriot group after review.
  • Russian group inks debut tanker order
    Tank terminal and bunker player Amurskaya heads to China for first products carrier.
  • DP World seals 30-year Congo concession
    Dubai-based terminal operator says multi-purpose facility will be country's first deep-water port.
  • GoodBulk raids second hand market for capesize
    Monaco-headquartered shipowner restores fleet size to 25 ships with latest acquisition.
  • STX workers to stage strike from Monday
    Unions say they are willing to embrace cuts in welfare or wages, as long as jobs are safe.
  • Danish owners slam US and China tariff plans
    Shipowners association describes new trade restrictions as "deeply worrying".

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American Shipperweb site
MARCH 26, 2018
  • U.S. outlines problematic Chinese IP regulations in WTO complaint
    Chinese regulations require foreign license holders of technology imported into the country to indemnify Chinese licensees for all liabilit...
  • North American freight market growth rolls on in February
    The North American freight market continued to show "increasingly positive" growth in February 2018, according to the latest Cass Freight I...
  • Omnibus spending bill benefits ports, AAPA says
    The American Association of Port Authorities (AAPA) said the omnibus spending legislation approved Friday by Congress and signed by Preside...
  • CPSC seeks comments on age guidelines for toys
    The Consumer Product Safety Commission (CPSC) is requesting comments on draft guidelines for determining age appropriateness of toys be sen...
  • Container spot rates continue falling on east-west trades
    Spot container freight rates to and from Shanghai have steadily deteriorated in the past six weeks, falling to lows not seen since 2016, ac...
  • CPSC to hold hearing on Internet of Things regulations
    The Consumer Product Safety Commission (CPSC) at 10:00 a.m. on May 16 will conduct a public hearing on potential safety issues and hazards ...
  • U.S. sets dumping duties for Chinese box staples
    The Commerce Department on Friday released its final antidumping duty assessments for imports of carton-closing staples from China. Commer...
  • Pennsylvania man indicted for illegal gun part exports
    A federal court in Pennsylvania last week charged Ross Roggio of Stroudsburg, Pa., and his firm Roggio Consulting Co., with conspiracy to i...
  • APL launches new intra-Asia loop
    dAPL has launched a new weekly service that connects China and Vietnam. Dubbed the Chu Lai Haiphong Express (CHX), the loop has a seven-day...

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The Bunker Bulletinweb site
MARCH 26, 2018
  • Oil complex weakens, despite Wall Street rebound
    Investor concerns over a global trade war eased Monday
  • Trafigura orders scrubbers for up to 32 new tankers
    "The first vessels will be delivered in October this year," a company representative told S&P Global Platts. "All will be equipped with scrubbers."
  • External: Marine Bunkering(Rotterdam)B.V.
  • US-China trade war jeopardizes commodities demand growth
    This is problematic, considering that commodity markets were starting to turn the corner on the back of strong global economic growth.
  • IMO is the right organization to regulate maritime industry: BIMCO
    Not regional or national legislation, such as the US Coast Guard BWM system or a possible European CO2 emissions standard.
  • Japan secures more Iraqi oil after approval of Itochu's West Qurna 1 deal
    Iraq's decision to approve Itochu's acquisition of the West Qurna 1 stake could help ensure ample Basrah crude sales to Asia.
  • FUTURES: Crude lower on profit-taking, focus remains on geopolitics
    "Investors remained concerned that the new national security adviser would push for more sanctions on Iran," ANZ analysts said.

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