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14 August 2020 The on-line newspaper devoted to the world of transports 02:30 GMT+2

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Sched Netweb site
JULY 29, 2020
  • HPH Trust HI profit slides 9pc, box throughput down 8pc to 10.3m TEU
  • DP World aims to acquire a 60pc stake in South Korean forwarder Unico
  • CMA CGM levies US$200/TEU Asia-E Africa rate hike August 15
  • Wilhelmsen acquires 50pc stake in MPC Capital ship management company
  • CSSC Marine Power to supply Yangzijiang with 10 dual-fuel engines
  • Port of Constanta joins IPSCA to boost connectivity
  • Increasing use of digital air cargo bookings despite Covid-19 outbreak
  • American Airlines H1 cargo revenue slumps 37pc to US277m
  • New airlines brings cargo growth to Brussels Airport in June

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Exim Indiaweb site
JULY 28, 2020
  • A.P. Moller-Maersk launches Maersk Flow digital supply chain management platform
  • Carriers un-blank 30 sailings on Transpacific WC for Q3
  • MOL listed on environmental, social & governance index for 18 consecutive years
  • Govt mulls stern action against 'risky' exporters
  • India's sugar production seen increasing by over 12 pc
  • Indian missions directed to flag non-tariff barriers & identify new items for export
  • Covid-19 guide for ship/shore interactions launched
  • DFCC completes caving work for electrified rail tunnel meant for double-stack containers
  • Etihad Cargo enhances export control compliance with new E2open partnership
  • Multi ULD Cool Dolly inducted at Hyderabad Air Cargo to maintain unbroken cold chain for pharmaceuticals & perishables
  • Rail freight on a high
  • South Central Railway introduces Cargo Express between Hyderabad & Delhi
  • Govt initiatives seen providing growth momentum next year
  • Indian economy projected to see V-shaped recovery in Q3, Q4
  • Civil aviation recovery implementation roadmap begins rolling out
  • New ACFI Governing Board takes charge with Cyrus Katgara as President

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The Loadstarweb site
JULY 28, 2020
  • Air freight rates still rising: 'the last thing shippers want in this market'
  • US trade plumbs new depths, with fears the misery may last until next year
  • Hapag-Lloyd latest carrier to offer service with no rollover promises
  • New freight technology sees inventory tracking and forwarder partner platform
  • New Indian procurement rules hit Chinese crane suppliers
  • Tension in Montreal as union condemns use of 'scab' labour
  • Ramon Gallen and Daryl Ridgway in new senior roles at Noatum Logistics
  • Gary O'Connor appointed managing director of Ireland for Geodis
  • Against the odds: Moving the M&A needle with Agility in logistics

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Marine Logweb site
JULY 28, 2020
  • Great Lakes to dredge third berth for Sabine Pass LNG terminal
    Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) has signed a subcontract with Bechtel Oil, Gas and Chemicals, Inc. Bechtel is the Engineering, Procurement & Construction (EPC) contractor for the Train 6 and
  • All American Marine wins NOAA research vessel contract
    All American Marine (AAM), Bellingham, Wash., has been awarded a contract by the National Oceanic and Atmospheric Administration (NOAA) covering construction a 50 foot aluminum research catamaran for the Olympic Coast National
  • Okeanus delivers winches and launch and recovery systems to C-Innovation
    Houston based Okeanus Science & Technology, LLC reports that it has delivered two integrated, skid-mounted winches and A-frame LARS to Edison Chouest Offshore affiliate C-Innovation, in Brazil. The custom deck equipment is
  • Rivertrace and Prevention at Sea partner on integrated Smartsafe ε-ORB discharge monitoring system
    Water quality monitoring specialist Rivertrace Limited has integrated the ε-ORB software application developed by marine risk prevention specialist Prevention at Sea Ltd into its Smartsafe ORB bilge overboard security system monitoring equipment.
  • Cox Powertrain ships first U.S. market production engines
    Shoreham-by-Sea, U.K., based Cox Powertrain reports that its Florida distributor, Ring Power, is set to receive CXO300 production diesel outboards for the U.S. market ahead of its customer demo program. As we
  • Corps advises mariners of Emsworth primary lock chamber closure
    The U.S. Army Corps of Engineers Pittsburgh District reports that Emsworth Lock and Dam, located on the Ohio River at mile 6.2, is to initiate a closure of the primary lock chamber
  • PODCAST: Glosten's design approach - then and now
    In this edition of Listen Up!, we talk with Morgan Fanberg, President, and Peter Soles, Marine Operations & Business Development, at Glosten in Seattle, Wash. In the podcast, Fanberg and Soles discuss
  • Maine Maritime appoints VP, Financial and Institutional Services
    Maine Maritime Academy (MMA), Castine, Me. has hired Richard Rosen as its Vice President for Financial and Institutional Services, following a national search. Rosen brings over 30 years of experience to the

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Lloyd's Listweb site
JULY 28, 2020
  • Shipping names join hydrogen coalition
    The rapidly growing Hydrogen Council - a global initiative of leading energy, transport and tech corporates working to enable the...
  • Ardmore reports strong second quarter on volatile market
    Ardmore recently rejected a takeover bid from Hafnia and said the benefits of consolidation in the medium-range market were being...
  • Legal battle for control of Hin Leong-linked assets heats up
    OCBC's application spells new challenge in the attempt of the Lim family to pursue an out-of-court restructuring of their business...
  • From the News Desk: Is the crew change crisis getting worse?
    Nearly a month on from a UK-led summit aimed at finding an international solution to the issue of crew changes...
  • Shipping's decarbonisation progress conceals challenges
    Recent decarbonisation reports offer evidence of progress but also foreshadow challenges the industry will soon have to address
  • Baltic Exchange seeks feedback on Worldscale process
    The changes, if approved, would come into effect from January 1, 2021
  • UK ports review infrastructure connectivity
    Infrastructure investment of 1% of gross domestic product has a multiplier effect that can lead to 2.6% GDP boost over...
  • Carriers prepare for vessel quarantines
    Carriers look to bring in additional ships to replace quarantined vessels, but cargoes remain at risk
  • Genoa volumes suffer 'heavy setback' in first half
    'The dry bulk trade posted unprecedented decline, contracting by 47.7%, mainly because of the lower commodity demand as a direct...
  • Box carrier capacity deployments show increasing confidence
    Activity this year has been subdued since the outbreak of the coronavirus pandemic, but last week the number of ship...
  • PIL to get funding lifeline from Heliconia
    Other efforts to save the company include rationalising services and reducing asset costs where necessary
  • Key digital platforms agree to develop and adopt common data standards
    Many ports have also developed or are developing maritime single windows to facilitate the electronic exchange of information for port...
  • Daily Briefing
    Free to read: Owners rebuke crewing agents and airlines as stranded seafarers rise | Crew change crisis all at sea...
  • Asia-Pacific oil products demand expected to fall
    Oil products demand in Asia-Pacific is expected to fall by 1.8m barrels per day year on year in 2020, according...
  • Capesize bulker runs aground off Mauritius
    Latest reports say the Panama-flagged vessel is still aground with 20 crew on board, but a poor sea state and...
  • Costamare clinches 24 charters as boxship market stirs
    Costamare has also been renewing its fleet and sold two 23-year-old vessels for scrap, as the demolition market reopened.
  • US west coast ports see dismal throughput
    May figures on containerised imports arriving at US mainland ports from east Asia were 'not encouraging' for US west coast...

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The Journal of Commerceweb site
JULY 28, 2020
  • Major ports begin aligning data networks with CargoSmart, TradeLens
  • Maersk adds homegrown TMS to integrated offering
  • Slow, but steady, liftoff for air cargo e-bookings
  • Belly cargo space won't return to pre-pademic level until 2024: IATA
  • Inland ports gaining popularity despite volume slowdown
  • Roadrunner continues pivot toward LTL with 3PL spin-off
  • Machinists union wins jurisdiction at T-5 in Seattle

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TradeWindsweb site
JULY 28, 2020
  • US will to beat Covid-19 must be stronger, doctors say on Carnival call
    Many Americans are not wearing face masks properly, a Stanford professor says
  • So what kind of M&A deal would interest perennial target Ardmore?
    Scale is less important than operational performance, chief executive Anthony Gurnee said
  • Milaha tankers and gas carriers aid stronger profit during first half of 2020
    The Qatari shipping group's offshore unit is still being held back by asset impairments, however
  • Japanese funding scheme stokes up international yard tensions
    Tokyo is ready to sanction newbuilding finance from state-backed banks to aid struggling shipbuilders
  • Seacor Holdings profit falls as transport revenue slumps
    Two out of three company segments saw better results
  • Ardmore keeps rolling with strong second quarter earnings
    The company also acquired two new tankers
  • Cyprus selects team to oversee build of first FSRU project
    Owner's engineer and subcontractor named for 2021 start-up project
  • Five questions with Jefferies' Randy Giveans ahead of earnings season
    Analyst tips the issues he'll be tracking in the next few weeks as first reports begin
  • THE Alliance paves the way as carriers reinstate 49 sailings
    One of the three liner alliances will account for more than two-thirds of sailings to be 'unblanked'
  • China imports no Iranian crude in June despite $400bn talks
    Official data shows China received no cargo from the Islamic republic for the first time in recent memory
  • Moundreas resumes buying bulkers, picking up ten-year-old capesize
    Family-run shipping group acquires its first bulker in a year, opting for another ship managed by Greek peer Stamatis Molaris
  • NYK Line eyes using hydrogen as marine fuel in carbon cutting effort
    Japanese maritime conglomerate becomes one of the first shipping companies to join the Hydrogen Council
  • Clarksons slashes 2020 LNG growth forecast but sees revival next year
    Broker's annual report highlights potential for fleet renewal, small-scale vessels and LNG bunkering
  • Giant Japanese ore carrier grounds in Mauritius
    Bulker was in ballast heading for Brazil from the Far East when it washed up on the beach
  • Greek shipowners clear out their oldest aframax tankers
    Atlas Maritime, Minerva Marine and Eastmed offload their oldest units into sluggish S&P market
  • Lomar Shipping boss Achim Boehme dies after battle with cancer
    George Logothetis leads tributes after German shipping veteran dies aged 56
  • US entrant SYCAR eyes Ecuador's first LNG import terminal
    Florida-based developer said it has teamed up with an unnamed 'major trader' for the project
  • Germany's FTI Cruises calls it quits over coronavirus
    Cruise line shut down as part of parent company's major restructuring
  • YMN Tanker eyes more newbuildings to meet expansion target
    Turkish chemical tankers specialist is about to order up to six ships at domestic yard
  • Work continues at DSIC as Covid-19 outbreak shuts two other yards
    Dalian Shipbuilding Industry Offshore and Cosco Shipping Heavy Industry Dalian have shut down their operations
  • Lomar Shipping boss Achim Boehme dies after losing battle with cancer
    George Logothetis leads tributes after German shipping veteran dies aged 56
  • Ecuador eyes its first LNG import terminal
    Florida-based developer said it has teamed up with an unnamed 'major trader' for the project
  • FTI Cruises calls it quits over coronavirus
    German cruise line shut down as part of parent company's major restructuring
  • Sembcorp Marine shareholders to grill management over rights issue
    Dialogue session comes ahead of EGM to seek shareholders approval for recapitilisation and demerger
  • Deutsche Bank expects Scorpio Tankers debt cut after earnings
    "The answer to a debt problem is not more debt, it's more equity," Mehrotra said
  • Costamare sees markets improving amid flurry of chartering activity
    Greek boxship owner sees charterers fix 24 of its vessels in the second quarter, improves underlying profitability, but takes big accounting charge on its held-for-sale portfolio

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American Shipperweb site
JULY 28, 2020
  • Maersk Flow launched to help control flood of information
    Digital platform is designed to provide shippers end-to-end transparency.
  • IATA outlook for airline industry recovery slides to 2024
    Airline industry officials are more pessimistic about a recovery after seeing a decline in consumer confidence and coronavirus surges in some countries. Cargo has more...
  • Michelin rolling out tire distribution through South Carolina inland port
    Supply chain strategy set "to seamlessly and efficiently import materials and export tires to global markets."
  • Port of Montreal longshore workers on strike again
    Canadian Union of Public Employees says port labor toils for 19 days before receiving a two-day break.
  • Boeing sees rising demand for freighter conversions
    Boeing has received orders from DHL Express to convert four 767-300s to all-cargo configuration and from AFG for two 737-800 converted freighters.
  • United Airlines goes on cargo tear
    It's not an accident that United Airlines' cargo business in the second quarter dwarfed that of Delta Air Lines and American Airlines.

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The Bunker Bulletinweb site
JULY 28, 2020
  • Europe and Africa residual fuel -- key market indicators this week
    Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub rose on the week as the market grapples with limited demand amid the summer lull period, despite country lockdowns having eased. Uncertainty continues to linger within the market surrounding the coronavirus pandemic, amid second wave fears.
  • Fuel oil sulfur spreads remain narrow following loss of bunker demand
    "It's a lack of demand everywhere, volumes are down," a trader said.
  • OIL FUTURES: Oil declines as market looks toward US inventory report, Federal Reserve meeting
    Oil futures settled lowered July 28 as traders consolidated positions ahead of US inventory report and a closely watched Federal Reserve Open Market Committee meeting, both due on July 29.
  • Singapore's bunker market to see limited impact from additional maritime safety steps
    "The new measures shouldn't cause much delay to bunkering," a bunker trader said.
  • External: Global Risk Management
  • CHINA DATA: June LNG imports surge 29%, US volumes hit 25-month high
    "Many Chinese LNG importers were expected to have been keen on buying lower-priced cargoes in the past months," a source said.
  • Hong Kong's new 14-day crew quarantine rule to impact ship, bunker markets: traders
    Suppliers in Hong Kong said they had received requests to cancel bunkering stems or move forward deliveries to July 28.
  • Singapore 10/500 ppm gasoil spread hits 3-year low as ULSD supply tightness eases
    "I'm not seeing firm fundamentals for 500 ppm sulfur gasoil in the region, to be honest," a Singapore-based gasoil trader said.
  • Bunker fuel quality issues vex market amid floating storage builds
    "If you store it for very long like six months or so, the fuel starts giving way," a shipowner source said.

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