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23 August 2019 The on-line newspaper devoted to the world of transports 08:29 GMT+2




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Sched Netweb site
FEBRUARY 1, 2019
  • Savannah's full-year cargo volume grows 7.5pc to 4.35 million TEU
  • Commissioned study pitches LNG marine fuel as best economic option
  • Big carriers to use scrubbers, small fry use blends to meet IMO rule
  • MSC wins financing to install exhaust scrubber systems on 86 ships
  • LNG shipping has potential to become the liquid market in future
  • Veoneer JV wins for hands-off self-driving truck tests in Sweden
  • GAC Forwarding & Shipping (Shanghai) renamed GAC (Shanghai)
  • New Orleans sets container volume record of 591,253 TEU in 2018
  • Enterprises Shipping opts for Envirocleanse ballast water treatment
  • Changi air cargo volume rises 1.4pc to 2.1 million tonnes in 2018
  • Japan's ANA takes 9.5pc of Philippine Airlines to boost belief in Asia
  • AA 2018 profit falls to US$1.4 billion despite record cargo volume

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Exim Indiaweb site
JANUARY 31, 2019
  • Ernst & Young recommends amendment of GST law to allow zero rate import cargo transportation for Indian flag ships
  • HMM holds PSA-Hyundai Pusan New Port sales contract signing ceremony
  • ITIC e-learning video highlights dangers of switch bills of lading
  • TKM Global handling heavy lift DG Sets from South Korea to India
  • Mumbai Port Chairman launches water taxi service app
  • Expectations from the Union Budget
  • Nitin Gadkari stresses upon need to optimise capacity utilisation & reduce congestion on roads
  • Smart borders for seamless trade, travel & transport is WCO's theme of the year

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International Transport Journalweb site
FEBRUARY 1, 2019
  • Security first, politics second
  • Dominique Lebreton appointed foreign trade advisor
  • Haulier joins UK pallet network
  • ABC mandates ACG to finance a B747-8F
  • Hg buys stake in Transporeon
  • Stena to deploy new ferry on Irish Sea
  • SPC Logistics wins Hoyer representation
  • Laurels for UK railfreight operator
  • Ceva Logistics renews partnership with Fincantieri
  • Slight upswing for Marseille Fos in 2018
  • Riga airport has cargo ambitions
  • Senior management changes at MOL
  • "Curiosity of the Day"
  • Increasing rail connectivity in India and Italy
  • Tarros adds Marseille to GPS service
  • Fedex delivers Super Bowl trophy
  • Japanese carriers to end mail codesharing with UPS
  • Telematics raises efficiency of pharma transports in Sweden

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The Loadstarweb site
JANUARY 31, 2019
  • 'Unsustainable' Team Lines to close its doors next month
  • Supply chain radar: DSV + Panalpina - the grand plan is still intact, but the Danes mull over other options?
  • Gefco delays IPO 'until market conditions improve'
  • ONE carriers continue to haemorrhage money in Q3, but try to stay buoyant
  • Start-up cargo carrier Zhengzhou Airlines ready for take-off
  • Loan repayment deferred again: HNA Group still mulling Swissport's future
  • Tough times for Europe's hauliers - freight rates soften as diesel prices rise
  • Chris Allen first business development manager for Asia at B&H Worldwide
  • Andrew Kirkwood takes over as CEO at BluJay Solutions
  • Harm van Weezel is Associated British Ports' first chief information officer
  • Market Insight: Q&A with Fauad Shariff - digitisation is often a matter of 'garbage optimisation'

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Marine Logweb site
JANUARY 31, 2019
  • Navy awards Newport News $15.2 billion two-carrier block buy
  • Denmark issues new order on maritime cyber security
  • Swedish Club: Engine room fires require swift and effective response
  • Baleària newbuild is first LNG fueled ferry to operate on Mediterranean
  • Kirby to acquire Cenac Marine Services fleet for $244 million

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Lloyd's Listweb site
JANUARY 31, 2019
  • Intercargo: Liquefaction still a major risk for dry bulk
    No loss of life or ship from liquefaction reported in 2018, but the preceding decade saw more than 100 lives...
  • Adapt to new finance trends, shipowners told
    Ship finance conference in Greece hears that the ship finance landscape may have changed for good but that 'corporate', 'green'...
  • Turkey ratifies ship recycling convention
    Turkey's accession adds to the IMO convention's chances of ratification but crucial states are still missing
  • Kirby Corp to acquire 99-vessel fleet
    Cenac's fleet moves petrochemicals, refined products and black oil on the Mississippi River, its tributaries and the Gulf Intracoastal Waterway
  • CMA CGM supports CEVA valuation
    CEVA shareholders would be better sticking with the company rather than selling out for the price offered by CMA CGM
  • Tanker market buoys Capital Product results
    A rebound in product and crude sectors has helped Nasdaq-listed Capital Product Partners to better-than-forecast profits ahead of the spin-off...
  • Hutchison Ports opens terminal in Thailand
    The Hong Kong-based port operator is still eyeing more capacity-building opportunities in Southeast Asia's second-largest economy
  • Fleet fundamentals support feedermax values
    The lower cost of secondhand tonnage and rising demand means feedermax vessels could make a smart asset play
  • UK haulage rates facing a perfect storm
    Lack of capacity and port congestion help to drive up costs
  • Norden gets 10-year Indian coal deal from Sembcorp
    The shipowner will move coal from Indonesia and South Africa to India until 2029
  • Team Lines to cease trading
    Demise of Team Lines confirms pace of consolidation in feeder segment, with Unifeeder acquiring IMCL in 2010, Feederlink in 2012...
  • Swedish dockworkers issue notice of more strikes
    The SDU has informed employers that workers will down tools intermittently at port facilities in Sundsval, Holmsund and Karlshamn from...
  • MSC crew freed after Gulf of Guinea ordeal
    Kidnapped crew members returned home after a month in captivity
  • Viewpoint: Endorse the port
    BIMCO's vetting of facility quality at dry bulk terminals would benefit the rest of the industry if it were to...
  • Hyundai Heavy to acquire DSME from Korea Development Bank
    KDB chairman Lee Dong-gull says the deal will 'raise the fundamental competitiveness of Daewoo, at a time when the threat...
  • Daily Briefing
    PDVSA sanctions threat could curb tanker upside | American Club urges caution over Venezuela sanctions | DSME gets approach from...
  • Fleet fundamentals support feedermax values
    The lower cost of secondhand tonnage and rising demand means feedermax vessels could make a smart asset play
  • UK haulage rates facing a perfect storm
    Lack of capacity and port congestion help to drive up costs
  • Norden gets 10-year Indian coal deal from Sembcorp
    The shipowner will move coal from Indonesia and South Africa to India until 2029
  • Team Lines to cease trading
    Demise of Team Lines confirms pace of consolidation in feeder segment, with Unifeeder acquiring IMCL in 2010, Feederlink in 2012...
  • Swedish dockworkers issue notice of more strikes
    The SDU has informed employers that workers will down tools intermittently at port facilities in Sundsval, Holmsund and Karlshamn from...
  • MSC crew freed after Gulf of Guinea ordeal
    Kidnapped crew members returned home after a month in captivity
  • Viewpoint: Endorse the port
    BIMCO's vetting of facility quality at dry bulk terminals would benefit the rest of the industry if it were to...
  • Hyundai Heavy to acquire DSME from Korea Development Bank
    KDB chairman Lee Dong-gull says the deal will 'raise the fundamental competitiveness of Daewoo, at a time when the threat...
  • Daily Briefing
    PDVSA sanctions threat could curb tanker upside | American Club urges caution over Venezuela sanctions | DSME gets approach from...
  • Japan's big three remain cautious
    NYK sees the tanker market remaining firm and both the LNG carriers and offshore businesses are expected to maintain high...
  • MOL reorganises for better safety and service
    The goal is to establish MOL as "the world leader in safe operation", the company says in a statement
  • Hong Kong tests emission-sensing drones
    The system can produce results within minutes while scanning emissions from as far as 50 metres from exhaust plumes
  • ONE posts better-than-expected results
    Revenue topped $3bn in the three months, during which the company lifted 1.1m teu on the transpacific trade and 757,000...
  • Cosco Shipping Holdings rallied in fourth quarter
    The state-owned shipping giant said its container lifts and port throughput increased substantially year on year
  • Wood Mackenzie predicts slower growth for FLNGs
    Lacking economies of scale, FLNG projects are likely to be limited to small scale and remote locations as they compete...
  • Product tanker market to face bumpy road into second quarter
    The second half of this year should fare better than the first six months, says Concordia Maritime's chief executive Kim...
  • Port of Savannah had another record year
    The first half of the port's expansion project was completed in 2018 as it finished work on dredging the outer...
  • Gil Ofer launches MaritimeTech Accelerator programme
    The mentorship-driven start-up accelerator partnership will be the first of its kind to target the maritime industry

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The Journal of Commerceweb site
JANUARY 31, 2019
  • New Bangladesh customs process to speed cargo
  • Newbuild strategy creates advantage for Zeamarine
  • Mexican container growth slows on import shift
  • Platform pegs NVOs as quote resellers
  • Trans-Pacific volume strength holds for now
  • European ports bet on tech for Brexit relief
  • Global energy evolution lifts project cargo
  • US tax deadline rush boosts wind logistics

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TradeWindsweb site
JANUARY 31, 2019
  • BlackRock ups stake in Matson
  • Turkey joins list of states ratifying ship scrapping convention
    Instrument deposited at IMO as country formalises commitment to green recycling
  • Navios Partners reveals $199m in finance deals as profit slumps
  • Qatar's $11bn newbuild plans show scale of LNG ambitions
    Confirmation the Middle Eastern state is looking to build 60 LNG vessels reflects the increasing importance of natural gas in global energy trade and shipping
  • SWS ends its VLCC drought with order from CSSC Leasing
    CSSC's leasing arm inks four newbuilds on speculation as Chinese yard hails first VLCC order since 2014
  • CMA CGM lines up 10-strong boxship contract in China
    French liner giant appears to be hedging its bets on the all-important 2020 fuelling choice
  • Eastern Pacific launches tech start-up hunt in Singapore
  • Capital Product Partners rides rate surge back to profit
  • UASC cash paying off Hapag-Lloyd bond early
  • Maersk Tankers sells veteran as newbuildings deliver
  • Novatek's Arctic LNG ambitions grow
  • As China strengthens, is HSH shift a goodbye to German ship finance as we know it?
    With Germany in retreat from ship lending, rebranding of HSH to HCB could be more than just a change of letters
  • Azuma Shipping sees profit fall
  • Essar Shipping cuts loss as lid kept on costs
  • Kirby buys Cenac Marine Services fleet of inland vessels
  • Rising bunker costs hurt Cosco's container and heavylift units
    Cosco Shipping Holdings and Cosco Shipping Specialized Carriers both expect to report heavy falls in 2018 net results.
  • Brittany Ferries' new LNG ro-pax delayed at FSG
  • Ineos aims to expand fleet of Dragon-class gas carriers
    UK-headquartered petrochemical producer says midsize ships will be needed to move US cargoes to Belgium
  • Sovcomflot poised to order first ship for Arctic LNG 2
    Battle rages over whether project developer Novatek will choose either Chinese or South Korean yards as the technology partner for its next ice-breaking LNG carriers
  • Lawsuits and bankruptcies see investors target governance
    US-based companies try to separate from the pack in an industry with a poor track-record on good standards
  • DSIC's offshore unit enters court-ordered restructuring
    A local court has deemed the offshoot of state conglomerate China Shipbuilding Industry Corp unable to meet debt obligations.
  • Tufton Oceanic Assets bullish on investment opportunities
  • Iino paying special dividend bonus for 120th anniversary
  • Tanker king Fredriksen injecting $100m into Norwegian Air Shuttle
  • HHI seeks Samho listing as loss bigger than expected
  • Eastern Pacific strikes $730m charter deal with CMA CGM
    Newbuilds locked into 10-year deals at estimated $40k per day
  • Viken Shipping confirms sale of elderly LR2 tanker trio
  • Venezuela warning: tanker trades face chaos as Caracas unravels
    Vessel owners face heightened risks in dealing with state oil company PDVSA - whose operations are worsening by the day
  • Cerberus set to become top dog in German ship finance
    But shipowners voice concern as hedge fund poised to become Germany's leading financier
  • Energy majors forge path on projects for LNG-fuelled VLCC newbuildings
    Price premium, trading range and infrastructure availability are likely to be key determinants in uptake for large tanker projects
  • Dof fixes out PSV pair as market heads 'in the right direction'
    Timecharters for Oslo-listed owner continue trend of vessels leaving lay-up and returning to work.
  • Dof fixed out PSV pair as market heads 'in the right direction'
    Time charters for Oslo-listed owner continue trend of vessels leaving lay-up and returning to work.
  • Tanker partially submerged after hitting rocks
  • NYK gloomier on bulkers as it posts loss
  • Tankers drag Stolt-Nielsen profit below forecasts
  • K Line turns red as boxships struggle
  • KDB pressing ahead with mega-merger of world's two largest shipbuilders
    Korean state lender confirms plans to sell its DSME stake to Hyundai Heavy Industries.
  • Rates continue to soften for LNG units amid slow trading
  • Evalend signs up for VLCC newbuilds at Hyundai Heavy
  • Transmed to cash in on kamsarmax newbuildings
  • Upgrade by S&P Global gives Swedish Club extra credit
    Boss Lars Rhodin says credit rating will open up new markets for the mutual as it steps up cross-selling of services
  • MOL unifies shipmanagement as profit falls
  • KDB signs conditional deal to sell DSME to Hyundai Heavy
    Korean state lender says proposal would include liquidity support of $2.25bn for restructured shipbuilder; approach also to be made to Samsung over potential merger.
  • Kumiai drops oldest VLGC as it gears up for newbuilding
  • Anchor fund backs NYK Line's ambitions to grow cruise line
    Investment fund Anchor Ship Partners to help shipping giant finance development of its Asuka brand
  • China orders first speculative LNG carrier newbuildings
  • EMAS Offshore CFO jumps over to Atlantic Navigation
    Hsu Chong Pin is shifting to the UAE as part of a management renewal that has been underway since new shareholders came on board last July.
  • SK Shipping in first capesize scrap deal of the year

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American Shipperweb site
JANUARY 31, 2019
  • ONE says third-quarter loss was smaller than forecast
    The joint venture of Japan's three largest shipping companies said it benefited from the rush to get cargo into the U.S. ahead of threatened tariff increase.
  • Canada inclined to wait on U.S. before passing USMCA, CEO says
    The CEO of the Canadian Chamber of Commerce said Canadian Parliament will likely want to see how legislative consideration of the pact shakes out in the U.S. first; Mexico seems willing to move more quickly, former deputy USTR says.
  • Commentary: Patience tried by export license backlog
    Now is the time for export compliance officers to explain to senior management the reasons for the delays in BIS and hold the line on compliance.
  • C.R. England increases driver pay again
  • Executive Moves: BluJay, OmniTRAX Energy Solutions
  • Rotterdam puts Internet of Things platform into operation
  • Averitt Express releases supply chain survey
  • FMCSA declares Ohio truck driver imminent hazard
  • Caterpillar equipment rolls off ship at JAXPORT

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The Bunker Bulletinweb site
JANUARY 31, 2019
  • Crude futures diverge after US production reports swings WTI into negative territory
    Crude futures retreated from session highs in afternoon trading Friday and settled mixed after rising US production estimates stoked market concerns of a supply overhang in 2019.
  • Rare jet cargo heads to NY harbor amid weakness in Med
    A Medium Range tanker, the Nave Capella, loaded 35,000 mt of jet fuel from Augusta, Italy, and was heading to New York Harbor in a rare move, according to S&P Global Platts trade flow software cFlow Thursday.
  • Enterprise seeks US approval for deepwater Texas port to load VLCCs in 24 hours
    Enterprise Products Partners is in the process of securing federal approval to build a deepwater crude export terminal off the coast of Texas with the capacity to load VLCCs within 24 hours, CEO Jim Teague said Thursday.
  • Cargoes of Venezuela-bound US diluent halted by Trump administration sanctions
    Several cargoes of US diluent bound for Venezuela were abruptly halted Tuesday following the Trump administration sanctions on PDVSA, sources said.
  • Gibraltar bunker market braces for rough weather
    The ports of Gibraltar and Algeciras are expected to close late Thursday because of bad weather forecast to arrive later, the port authorities said, affecting bunker fuel market operations.
  • M100 fuel oil cargo sold to US Atlantic Coast due to US-Venezuela sanctions
    A cargo of Russian M100 fuel oil was sold for loading into the US Atlantic Coast, multiple sources said Thursday.
  • US Sanctions on Venezuelan oil industry pushes Houston ex-wharf IFO 380 to monthly high
    US sanctions on exports of crude and crude products from Venezuela were seen priced into Houston IFO 380, bunker sources said.
  • JAPAN DATA: Japan takes record US crude oil in 2018, imports 199,138 b/d in Dec
    Japan imported a record 199,138 b/d of crude oil from the US in December and the total US crude shipments in 2018 reached an all-time annual high, allowing the North American producer to break into the top 10 supplier list for the first time last year, according to data released Thursday by the Ministry of Economy, Trade and Industry.
  • India in talks with US on extension of Iran oil waivers: official
    India is in talks with the US to extend a waiver permitting it to continue importing Iranian oil after March, an Indian oil ministry official said Thursday.
  • External: Global Risk Management
  • Singapore HSFO swap cracks at year-to-date highs on tightening supply
    Front-month February FOB Singapore 180 CST HSFO/Dubai swap crack spread was assessed at 77.4 cents/b as of 4:30 pm Singapore time (0830 GMT) Wednesday, the highest since December 10 last year.
  • Iran tries to find more buyers for oil sales on domestic exchange to bypass sanctions
    The bourse, which Iran has used to sell its crude in the face of US sanctions on international sales, will also be used to offer gas condensates.




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