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01 October 2020 The on-line newspaper devoted to the world of transports 06:22 GMT+2

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Sched Netweb site
AUGUST 17, 2020
  • A-E down 1.4pc to $907/TEU, USWC up 0.7pc to $2,794/FEU
  • HK Competition Commission okays box shops' Seaport Alliance plan
  • Beirut box trade is back, terminals not badly damaged as feared
  • CMA CGM levies Asia-Med area rate increases from September
  • Korean shipping begins to recover from five years of financial crisis
  • SC Ports steady freight movements minimises full-year volume drop
  • US-China trade deal in 'fine' shape, White House's Kudlow says
  • Covid to stifle container port investment, to reduce expansion 40pc
  • China Shipping Group and Beijing to cooperate on smart ship technology
  • Aeronautical Engineers name HAECO Xiamen as its conversion centre
  • Cargo volumes at Brussels Airport surge 9.9pc for second straight month
  • Oman Air posts massive second quarter increase in cargo charters

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Exim Indiaweb site
AUGUST 16, 2020
  • Bahri takes another step to accelerate digital transformation & facilitate electronic billing & payment processes
  • NYK Line in joint R&D agreement for commercialisation of ammonia-fuelled ammonia gas carrier
  • Sharp drop in inactive capacity seen
  • THE Alliance announces Covid-19 response measures for September 2020
  • Yang Ming generates positive Q2 operating profit in container transport business
  • Beirut port resumes operation
  • Shipping Ministry reduces port tariff rates ranging from 60 pc to 70 pc for cruise vessels
  • FFFAI's IIFF launches online Diploma Course in Logistics / Shipping & Freight Forwarding
  • Proposed National Logistics Policy aims to build a modern, cost-efficient & resilient logistics sector
  • Fundamental shifts in trade relationships & global supply chain in the offing due to Covid: Moody's
  • Possible increases to trade costs due to Covid-19 disruptions projected
  • India to fund GMCP to revitalise the Maldivian economy, linking Male with Gulhifalhu Port

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International Transport Journalweb site
AUGUST 17, 2020
  • Far-reaching newcomer from Moldova
  • Transporting hydrogen better by rail than by lorry
  • Cargologic replaces managing director
  • Maritime arbitration - a centred business
  • Pall-Ex acquires Fortec
  • Kaliningrad to become east-west gateway
  • WFS again bigger in Brussels
  • Successful apprentices at Acito Logistics
  • CDCI selects Agility Logistics Park in Abidjan
  • Hapag-Lloyd weathers H1 well
  • North American main-deck providers post excellent results
  • City transports without emissions in Norway
  • US Transworld Logistics wins award
  • Multi-user facility in Moosburg
  • "Curiosity of the Day"
  • China rail service now direct to UK regions
  • Colombian cargo carrier to take off today
  • Weekly Tarros Line East Med service

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The Loadstarweb site
AUGUST 14, 2020
  • Demand driving transpacific prices sky high, with Asia-Europe benefiting too
  • Solid half-year result, 'but don't let's get carried away', says Hapag-Lloyd chief
  • Yang Ming box business sails into black, but ailing bulk unit sinks group profits
  • Shippers kick back at 'empty promises' from Hong Kong Seaport Alliance
  • Pharma sector looks to raise the bar on sustainable supply chains
  • Boom! calls on supply chain professionals to help evaluate career prospects
  • Shipping laws that could have averted two catastrophes
  • Analysis: Hapag-Lloyd's interims set high bar for Maersk, forwarders grow wary

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Marine Logweb site
AUGUST 14, 2020
  • Singapore issues circular on ISM Code cyber risk requirements
    The deadline for ship operators to include cyber risk management into ships' safety management systems (SMS) is getting nearer. A shipping circular released yesterday by the Maritime and Port Authority of Singapore
  • Armstrong Marine launches 28-passenger Naiad RHIB
    Port Angeles, Wash.-based Armstrong Marine USA Inc. launched the 11.3- by 4.2-meter Naiad RHIB, Bay Voyager II, in late July. Successful builder's sea trials in Port Angeles indicate a cruise speed of
  • Houlder to advise on design and build of Irish Sea battery hybrid RoPax
    The Isle of Man Steam Packet Company (IoMSPC) has awarded London-headquartered design and engineering consultancy Houlder a contract to act as technical advisor on the design and build of a new battery-hybrid
  • U.S. successfully seizes Venezuela-bound Iranian fuel from four tankers
    The U.S. Justice Department today reported the successful disruption of a multimillion dollar fuel shipment by the Islamic Revolutionary Guard Corps (IRGC), a designated foreign terrorist organization, that was bound for Venezuela.
  • July was best month this year for Port of LA
    In what could be a hopeful indication of a recovery in transpacific trade, North America's leading seaport by container volume and cargo value, the Port of Los Angeles, reports that it moved
  • Boston Ship Repair wins $16.5 million MSC contract
    Boston Ship Repair LLC, Boston, Mass., has been awarded a $16,567,594 firm-fixed-price contract (N3220520C4002) for a 64-calendar day shipyard availability for the mid-term availability of the fleet replenishment oiler USNS Walter S.

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Lloyd's Listweb site
AUGUST 14, 2020
  • The Lloyd's List Podcast: The shipping story behind the Beirut explosion
    In this week's podcast, we reveal the full story of the Moldovan-flag bulk carrier, the Rhosus, which in 2013 arrived...
  • Crew quarantine costs not covered by P&I
    P&I Clubs have different approaches about the issue of whether shipowners can claim for escalating crew quarantine costs
  • Okeanis secures new Korean loan as profits soar
    Owner says that last month it received a firm commitment for a secured loan facility for $103m from the Export-Import...
  • Hin Leong shipowning affiliates placed under court supervision
    The Xihe entities placed under judicial management hold five of a 136-strong fleet owned by the family of Hin Leong's...
  • EnTrust gains independence after reacquiring Legg Mason interest
    Asset manager EnTrust Global - which has involvement in ship finance through its $1.5bn Blue Ocean funds - has regained full independence...
  • LNG backers say methane can be managed
    The industry is working on less-polluting engines and cannot wait another 10-15 years for a greener alternative to LNG as...
  • The week in charts: Port congestion maintains floating storage; transpacific rates surge
    High levels of port congestion in China is keeping floating storage at an elevated level, carriers are being questioned by...
  • UK Club is back in black, but combined ratio hits 120%
    The London-based marine mutual has issued its 2020 financial statement, detailing its underwriting outcome, free reserves, entered tonnage and claims...
  • US seizes Iranian gasoline on Greek-owned tankers
    Unverified reports that cargoes were shifted through ship-to-ship transfers from the four original tankers into two other vessels bound for...
  • Pandemic impact 'definitely not over,' says Hapag-Lloyd chief
    Container lines will need to continue to manage capacity to keep costs down but be prepared to reintroduce services to...
  • Hapag-Lloyd profit almost doubles despite downturn
    German carrier reports a 'good first half' despite the pandemic, but warns that uncertainties remain for the rest of the...
  • Daily Briefing
    Free to read: Tankers de-flagged for using Iranian sanctions-busting tactic | Greek manager confirms vessel boarded by Iranian forces |...
  • MISC second-quarter net profit drops 25% on impairments
    The second half of the year will be tough for all segments as the effects of the coronavirus backdrop continue...
  • Nigeria convicts pirates under new law, but doubts over enforcement remain
    Sources says fines for piracy are a step in the right direction but Nigeria must co-ordinate its response if it...

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The Journal of Commerceweb site
AUGUST 14, 2020
  • July import surge overwhelms Southern California supply chain
  • For-hire trucking on a long-term growth track: SJ Consulting
  • Federal intervention seen as most viable way to end Montreal port strike
  • Yang Ming cuts losses despite sharp drop in Q2 volume
  • Logistics technology reshapes trade finance for shippers, suppliers
  • Hapag-Lloyd shrugs off COVID-19 impact with surging Q2 profit

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TradeWindsweb site
AUGUST 14, 2020
  • Greeks expand and renew fleets in summer handysize bulker moves
  • New Shipping buys yet another VLCC from MOL as prices cool
  • Okeanis dividend 'handsome' - but the last until 2022?
  • London maintains arbitration dominance with 80% global share
  • Venezuela sanctions: US seizes Iranian gasoline aboard four Greek-linked tankers
  • Golar LNG Partners floats new hub concept for its FSRUs
  • Noble Group down to last ship as post-panamax sold
  • Storied Singapore tanker owner and oil trader OK Lim charged with fraud
  • Eastern Pacific welcomes new Sammy Ofer scholars via video
  • Hapag-Lloyd reports better than expected earnings despite impact of Covid-19
  • London maintains arbitration dominance with 80% global share
  • Venezuela sanctions: US seizes Iranian gasoline aboard four Greek-linked tankers
  • Golar LNG Partners floats new hub concept for its FSRUs
  • Noble Group down to last ship as post-panamax sold
  • Storied Singapore tanker owner and oil trader OK Lim charged with fraud
  • Eastern Pacific welcomes new Sammy Ofer scholars via video
  • Hapag-Lloyd reports better than expected earnings despite impact of Covid-19
  • Robbers target vessels off Indonesian island of Bintan
  • Birthday party Wi-Fi diversion probed as cause of Mauritius grounding
  • Yang Ming to return all chartered bulkers after impairment hit
  • M&M Bank warns bulker and boxship loan quality 'deteriorating'
  • Zolotas scores major victory as Cyprus bribery case is dropped
  • Boxships overtake tankers in scrubber retrofit race
  • Navigator claims ethylene cargo record as it returns to profit
  • Meyer Turku axes first 166 jobs in pandemic crisis
  • Okeanis taps Korean lenders for $103m as it fixes new suezmaxes
  • Elite Tankships grows freight book with two chartered product tankers
  • Thoresen Shipping profit down 29% on Covid-19 fallout
  • Xihe Holdings and four SPVs placed under court supervision
  • US upgrades Chinese soyabean import forecast in boost for bulkers
  • Pioneer Marine offloads one handysize, as previous deal falls through

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American Shipperweb site
AUGUST 14, 2020
  • Yang Ming's Q2 strong but not strong enough
    Taiwanese carrier's dry bulk business takes a beating.
  • Hormuz tanker risk rises after US seizes Iranian cargoes
    Will Iran retaliate after America commandeers four Iranian gasoline shipments?
  • Delta Air Lines cabins to go naked
    Delta Air Lines is stripping - seats that is. Removing seats from passenger aircraft adds capacity for lucrative cargo.
  • FreightWaves Flashback 1957: Great Southern on Piggy-Back
    1957: Great Southern Trucking Company trailers have started a regularly scheduled run between Jacksonville and Miami on railway flat cars.
  • Hapag-Lloyd profit swells despite shrinking volumes
    The coronavirus pandemic remains a "major source of uncertainty for the entire logistics industry."
  • Exclusive: Largest airline trade association to reduce workforce 20%
    The International Air Transport Association is preparing to eliminate about 400 jobs as airlines pinch pennies because of the coronavirus pandemic.
  • How Air Canada beat US airlines removing seats for cargo
    There was a marked difference in how Canada and the U.S. reacted to the opportunity of transforming passenger aircraft into twin-deck freighters by removing the...

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The Bunker Bulletinweb site
AUGUST 14, 2020
  • Hapag-Lloyd's Q2 container volumes fall 11% on year
    Hapag-Lloyd's total container volumes declined 3.53% on the year to 5.755 million TEU during H1 2020.
  • FEATURE: Seafarers stranded at sea as pandemic upends global shipping markets
    "What can be done today, does not mean that it can be done next week, too," said a shipping source.
  • IMO 2020 transition smoother than expected: Bunker One
    "The industry experienced basically no claims in late 2019 and early 2020," Steffen Kortegard said.
  • Container ships overtake crude oil tankers as most scrubber-fitted sector: BIMCO
    The uptake of SOx scrubbers is more popular for VLCCs, Capesizes and Ultra large container ships, BIMCO said.
  • Singapore bunker fuel faces TSP-related stability issues but impact limited: sources
    Fuels with high sediments can result in excessive sludge deposition in tanks
  • Malaysia's MISC sees limited impact from COVID-19 on LNG business segment
    Operations at the yard in Pasir Gudang were suspended effective March 23 to comply with Malaysia's movement control order.

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