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06 December 2021 The on-line newspaper devoted to the world of transports 10:19 GMT+1

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Exim Indiaweb site
OCTOBER 13, 2021
  • CMA CGM to temporarily replace Savannah with Charleston on its AMERIGO service connecting West Med to US East Coast
  • Kerala revises coastal shipping incentive scheme
  • MSC announces provisional diminished acceptance of reefer containers from EU to Middle East & Asia
  • US container imports boom unlikely to last
  • DPT rolls out an ambitious set of infrastructure projects - Gati Shakti
  • Rotterdam Port railway line to be out of action for 144 hours in Nov.
  • Minister calls for adoption of alternative fuels; highlights benefits of bio-ethanol
  • Special Purpose Vehicle formed for developing Multimodal Logistics Park at VOC Port
  • MOL PLUS to invest in Singapore-based fund specialising in ocean shipping/logistics
  • PM Gati Shakti National Master Plan for integrated multimodal connectivity launched

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International Transport Journalweb site
OCTOBER 14, 2021
  • Test first - procure last
  • Capital, state, region
  • Across the Rhine
  • ITS on the digitisation wave
  • New mentorship scheme for WAL
  • Trieste - Villach service launched
  • USA eases entry restrictions for fully vaccinated
  • China-USA freight rates relax grip
  • Julien Prével deputy managing director of Soget
  • More distribution in Saudi Arabia
  • Kangaroo to stop in Darwin, not Perth
  • Bolloré's latest new division
  • India trials first long haul freight trains
  • ECS Group chooses SaaS version of Champ's CMS
  • A further call for decarbonisation
  • Fourkites picks Marc Boileau
  • Bour acquired by Noblet
  • How did short sea shipping do in 2020?
  • First US fleet to run International eMV series
  • Maximilian Rothkopf: COO for five more years
  • "Good dog": saving time and money in Belfast
  • "Curiosity of the Day"

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The Loadstarweb site
OCTOBER 13, 2021
  • Logistics investment pours in as operators eye intra-Asia's e-commerce boom
  • Felixstowe congestion could lead to $2bn of stranded imports, says report
  • 'Do 300 people have to die before airlines screen for lithium batteries?'
  • Missing port calls improves liner scheduling, but still delays final cargo delivery
  • HMM guarantees slots for South Korean food exports to Australia
  • OECD says huge increases in shipping freight rates are driving G20 inflation
  • Typhoon Kompasu brings ports of Yantian and Hong Kong to a standstill
  • EU to offer fewer Northern Ireland border checks on British goods
  • Additional role for Dirk Goovaerts, as global cargo chair, at Swissport
  • On the wires: UK invests in supply chain port Africa?

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Marine Logweb site
OCTOBER 13, 2021
  • White House unveils plans to get goods moving from ship to shelf
    The Port of Los Angeles is set to move to 24/7 operation as part of a broad range of initiatives to tackle port congestion and supply chain challenges. Following up on work
  • Capital Gas LNG newbuilds will have Wärtsilä shaft generators
    Wärtsilä is to supply four shaft generator systems to provide power take-off from the main engines for two 174,000-cubic-meter LNG carriers on order at the Hyundai Heavy Industries (HHI) shipyard in Korea
  • New report confirms pandemic accelerated shipping digitalization
    A report from satcom leader Inmarsat pinpoints the impact of COVID-19 in accelerating global shipping's digital transformation. Entitled "A Changed World: The state of digital transformation in a post-COVID-19 maritime industry," it
  • New storm clouds brew over Kings Point Sea Year
    The U.S. Merchant Marine Academy's Sea Year training program is again receiving unwelcome attention. Back in 2016, the U.S. Maritime Administration (MARAD) suspended the program. This came as the academy looked to
  • NTSB reports on bulker crane's costly contact with grain elevator
    The National Transportation Safety Board has issued a Marine Accident Brief on its investigation of a November 11, 2020, incident in which the boom of a bulk carrier's crane contacted part of
  • Maritime Partners christens its latest towboat
    Metairie, La., based Maritime Partners LLC has added another vessel to its fleet of over 550 vessels. The company recently held a christening ceremony for the second of two 78- by 34-foot

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Lloyd's Listweb site
OCTOBER 13, 2021
  • Maran Gas veteran Richard Gilmore to retire
    Departure of American veteran executive understood to be unrelated to news in same week that Angelicoussis has hired Sveinung Støhle...
  • LNG carrier rates skyrocket amid energy demand surge
    All routes are above $100,000 per day, according to the Baltic Exchange. The biggest gain has come from the Australia-Japan...
  • Investment this decade crucial for future fuel supplies - IEA
    The International Energy Agency warned of a looming risk of more turbulence for global energy markets, saying clean energy investments...
  • Empty containers expose supply chain fractures
    Huge trade imbalances between Asia and the big consumer markets in North America and Europe mean that millions of empty...
  • Performance management must be accurate and affordable
    Although hull performance management is a contributory element to emissions reduction and avoidance of spreading invasive aquatic species, measuring and...
  • China on track to marine hull number one slot within a decade
    Steady growth said to be built on domestic market, with some Chinese owners ready to pay higher prices on patriotic...
  • Felixstowe struggles to clear empty box pile-up
    Container shipping has found itself on the front line of a global economic upheaval as the world emerges from the...
  • 'Amazing' dry bulk market here to stay with restrained orderbook
    Provided there is restraint in newbuilding ordering, the dry bulk market could sustain its strength until at least 2024, according...
  • US and China struggle to maintain tanker dominance
    Ridgeway Tankers chief says US is an inefficient exporter of oil. 'We do not have the deep-water ports yet that...
  • Pacific Basin optimistic on dry bulk shipping
    Pacific Basin pledges to place no orders until 'zero-emission-ready vessels' become commercially viable
  • Daily Briefing
    From lay-up to order boom: Car carriers race to replace flagging fleet | Pandemic impact behind second-hand vessel price increase...
  • MOL, Signal and IMC join marine tech start-up fund
    The corporate consortium approach backed by established industry leaders has resonated with the company as a way of supercharging start-ups...

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The Journal of Commerceweb site
OCTOBER 13, 2021
  • September imports show no relief for stressed US ports
  • Biden secures pledge from LA port, shippers for overnight shifts to ease congestion
  • Average Asia-Europe arrival delays up to 18 days: Alphaliner
  • CEVA lands new air cargo lithium battery certification
  • Trans-Pacific air freight charters hit $2 million
  • Little relief seen for US domestic shippers in 2022

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TradeWindsweb site
OCTOBER 13, 2021
  • Biden blamed for oil spill off containership-clogged California ports
  • IPOs coming back to New York? Maxim tips hand on a new goldrush
  • US Coast Guard will pursue those accused of sexual misconduct, assistant commandant says
  • Ocean Yield lines up deal to buy vessels for $380m
  • Tough week for dry bulk, boxship stocks despite buoyant rates
  • Sveinung Stohle resigns at Hoegh LNG for a new shipping position
  • Turkey's Beks rapid growth continues with JP Morgan capesize
  • UK Royal Navy to deploy warship to Gulf of Guinea
  • Zodiac adds containership newbuilds, this time with LNG fuelling
  • John Fredriksen already in the money as he takes $123m stake in Euronav
  • KCC's combination carriers get top Norway survey's ESG marks
  • Singapore expands quarantine-free travel to more shipping capitals
  • China Merchants orders aframax tanker newbuilding at Dalian Shipbuilding
  • 'Green' ships flying Singapore flag to earn rebates and lower fees
  • Carnival's innovation leader appointed president of Princess Cruises
  • Capesize bulker spot rates fall into correction territory
  • Capesize bulker rates may drop to 'higher low' amid falling demand
  • GasLog Partners frees up $20m in sale-and-leaseback deal on LNG carrier
  • Shipowners back code of conduct to protect seafarers' rights
  • Navios Acquisition VLCC newbuilding sails into AISSOT charter
  • Paris MOU bans repeat offender cargoship for a year
  • Does Euronav need a move to break free from Belgian red tape?
  • Cargoship officer faces trial after Norwegian bridge smash
  • Nippon Salvage wins Crimson Polaris wreck removal job
  • Arkview Capital enters shipping with a mission to turn sceptics into believers
  • We live on one planet, so why does shipping not speak with one voice?
  • Lomar Shipping nets $66m on sale of two containerships to MSC
  • Cyprus sets timetable to revamp maritime administration
  • Maran Gas Maritime's LNG architect Richard Gilmore to retire
  • Russian maritime lawyers rejoin global brotherhood after settling debts
  • Swire partners Maersk Mc-Kinney Moller Center for Zero Carbon Shipping
  • John Fredriksen builds 76% stake in Avance Gas as takeover offer ends
  • CSAV plans $450m debt-funded dividend on back of red-hot liner market
  • Athens sees second shipping bond with $173m Capital Product Partners issue
  • West of England's fixed premium P&I business takes off
  • Deadline to declare on 17 berths for Mozambique LNG pushed to 2022
  • BP Shipping logs loss of $90m after tanker rates collapse
  • VLGC rates tipped to 'improve gradually' after rising from September trough
  • West Africa term fixtures starting to roll in for PSVs
  • Flurry of ropaxes and passenger ships hit the recycling beach at Alang
  • MOL, IMC and Signal sign up to Singapore maritime start-up fund

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American Shipperweb site
OCTOBER 13, 2021
  • Truckers warn federal regulators of drug-testing bottlenecks
    Owner-operators are warning the FMCSA that shortages at drug-testing clinics are threatening truck driver livelihoods.
  • Will regional parcel deal spark PE interest in national network?
    Does private equity see a future in a nationwide parcel network stitched together with regional players? The LaserShip-OnTrac deal may be the first step.
  • XPO settles 2 California worker classification cases for nearly $30M
    The Teamsters backed the actions and praised the "brave" drivers; the court suggested XPO might have had a strong case.
  • Hapag-Lloyd and CMA CGM 'temporarily' steering 2 services away from Savannah
    For the time being, two ocean services will not call Georgia's busy Port of Savannah.
  • Inflation alert: Container ship owners see boom through 2022
    Liner deals in the ship-leasing market imply strong confidence in high freight rates for the foreseeable future.
  • Trailer orders ramp up in September, pushing existing bookings into 2022
    The collision of supply constraints with pent-up equipment demand is pushing some 2021 trailer orders into next year.
  • Delta Air Lines on pace for $1B in cargo revenue in 2021
    Delta Air Lines' recovery from the pandemic hit a high note in the third quarter.
  • Report: Shipping energy mix needs 70% green hydrogen-based fuels by 2050
    The transportation industry needs to transition to cleaner fuels to keep global temperature rise below 1.5 degrees Celsius. Green hydrogen-based fuels have potential to decarbonize...
  • Ohi nabs $19 million for delivery in under 20 minutes
    The e-commerce fulfillment company gets a nice raise to deliver on its promise of "instant commerce" in 20 minutes or less.
  • Ship game
    White House looks to end port congestion; could chassis pools save shipping; data behind the shipping crisis and more
  • SONAR sightings for Oct. 13: Lanes to watch, outbound LA, updates and more
    Among the highlights: Houston to Dallas lane, outbound LA, shipper and carrier updates and more.
  • Rose Rocket raises $25 million for cloud-based TMS
    "Over the past decade, we've seen the industry shift from pen and paper to on-premise systems to using modern software," says Rose Rocket's co-founder.
  • FreightWaves Classics/Leaders: Estévan Ochoa was a freight hauler and a public servant
    Estévan Ochoa was a successful freight forwarder in the New Mexico and Arizona territories. Read his story in this FreightWaves Classics article.
  • Rail Roundup: Tiger Cool Express' cold storage, Greenbrier's leasing success
    Tiger Cool Express is acquiring a cold storage warehouse in the Pacific Northwest, while Greenbrier's leasing subsidiary is exceeding the target for the value of...
  • September Cass data underscores stalled shipments; expenditures surge
    Supply chain constraints are keeping a lid on freight volumes while rates continue to reach new highs, according to September data from Cass Information Systems.
  • 'As I See It' from the Trucking Activist: Unavailability
    The federal government needs to focus on filling the millions of jobs available today. The trucking industry has great paying jobs with training available, job...
  • September container volumes near 2021 highs at Port of Virginia
    "The growth we're seeing is not artificial, and the movement of loaded and empty containers is up, for both exports and imports."
  • Walmart boosting off-peak container processing in LA by up to 50%
    Big-box retailers, FedEx and UPS have detailed plans to speed up container processing at the ports of Los Angeles and Long Beach.
  • Emerge draws investor attention with digital procurement, mini bids
    Freight is attracting record levels of investment right now, and Emerge's dedication to making the industry more flexible and efficient through digitization has drawn attention.
  • DoorDash announces $1M disaster-relief grant program for restaurants
    Saying the restaurants are the "heart of Main Street," DoorDash launches a $1 million grant program to assist those that suffer business disruptions because of...
  • New management of GXO stops into an online forum to tell its story
    The company is so new that there isn't any earnings history to discuss yet, but that will change in a few weeks.
  • Hurricane Pamela threatens to flood parts of Mexico, US
    Truckers face delays in the Plains the next two days as the remnants of Hurricane Pamela approach the U.S. (video forecast included).
  • Superhot airfreight market leaves shippers in the cold
    The traditional peak shipping season for air cargo is turning into super peak and a microcosm of the ocean shipping chaos. Turbulence ahead.

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The Bunker Bulletinweb site
OCTOBER 13, 2021
  • US refiners to see improved Q3 financial results on lower RINs, higher demand
    Stronger financial results are expected from US refiners when they release their Q3 earnings over the next few weeks, a testament in part due to rising demand for gasoline and diesel and lower compliance costs for renewable fuel programs.
  • Oil, gas sector sees little relief from White House move to tackle supply bottlenecks
    A White House initiative to address supply chain bottlenecks, announced Oct. 13, was not viewed as particularly helpful to the energy space as fuel prices continue their upward trajectory and higher home heating and electricity costs are expected this winter.
  • Oil price draws capital to Bakken, but drillers cautious about OPEC, pandemic
    With WTI crude futures at $80/b and Bakken barrels commanding a slight premium above that, large US drillers aim to boost Bakken production as they keep a cautious eye on OPEC supply and the pandemic going into the winter months, North Dakota's top oil regulator said Oct. 13.
  • OIL FUTURES: Refined product cracks firm on increasingly bullish demand outlooks
    NYMEX refined product cracks widened Oct. 13 as bullish winter heating demand outlooks supported near-term futures prices.
  • US House panel approves tougher offshore rules after California oil spill
    The US House Natural Resources Committee advanced two bills Oct. 13 to set tougher safety rules and impose new fees on offshore operators after an oil pipeline ruptured off Southern California and polluted beaches.
  • North Dakota oil output rises 3% on month to 1.1 million b/d in August
    North Dakota oil production is back on the rise, albeit slowly, as operators bring drilling rigs back to the state in response to higher prices, according to the latest Department of Mineral Resources data released Oct. 13.
  • PetroTal says able to produce crude in Peru despite line outage
    Canadian producer PetroTal said it has enough crude oil storage capacity to maintain normal production at its Block 95 concession in the northern Peruvian jungle while pumping remains halted at Petroperu's 200,000 b/d North Peruvian Oil Pipeline.
  • HUNGARY DATA: Q3 fuel demand up 4.8% on year, led by diesel
    Fuel demand in Hungary increased in the third quarter rose 4.8% year on year, data published on Oct. 13 by the Hungarian Petroleum Association (MASZ) showed.
  • JAPAN DATA: Oct 3-9 oil product exports fall 1% to 4.22 million barrels
    Japan's oil product exports fell 1.4% on the week to 4.22 million barrels over Oct. 3-9, data released by the Petroleum Association of Japan showed Oct. 13.
  • JAPAN DATA: Oil products output falls 3.4% on week over Oct. 3-9
    Japan's oil products output fell 3.4% week on week to 16.17 million barrels over Oct. 3-9, data released Oct. 13 by the Petroleum Association of Japan showed.
  • Delivered Marine Fuel 0.5% premiums at Zhoushan fall as suppliers make competitive offers
    Suppliers at the Eastern Chinese port of Zhoushan made determined offers Oct. 12 in a bid to cement Zhoushan's position as a key bunkering hub with competitive prices, market sources said.
  • Mexico's imports of US gasoline, diesel fall in September as demand dips
    Mexico's imports of US gasoline and diesel fell in September to their lowest level in more than six months as demand waned, data from the country's energy secretariat showed Oct. 11.
  • Supramax rates in US Gulf market hit all-time high amid supply shortage
    Supramax freight rates in the US Gulf surged to their highest levels on record during the week ending Oct. 8, as a surge in demand collided with exceptionally tight tonnage supply in the region.
  • Global power demand set to soar, focus on implementation, ambition gaps: IEA
    Global electricity demand is expected to increase 30% by 2030, intensifying the need to accelerate the growth in green power to meet net-zero targets, the International Energy Agency said in its annual World Energy Outlook Oct. 13.
  • Asian medium sulfur fuel oil prices firm as supply tightens for Oct loadings
    Higher prices for medium sulfur fuel oil can crunch margins for traders when blending costs are high. The market for the finished product 0.5% sulfur fuel oil has been lackluster and blending component values are rising.
  • FEATURE: Blue hydrogen lifespan raises questions over carbon offsets
    Many facilities proposed in the EU would be commissioned in the second half of this decade, raising questions over the need for significant carbon offsetting after 2050.
  • LNG suppliers balk at Pakistan LNG 8 cargo tender on new bid provisions
    The lack of supplier interest, despite record high spot LNG prices, has raised concerns that Pakistan could face severe gas shortages leading to energy rationing in the peak winter months.
  • Skyrocketing gas prices drive up ammonia costs: sources
    The trend remains bullish in Europe, although that is creating some panic in Mediterranean and North African markets where gas prices have not soared as high, the source said.
  • SUBSCRIBER NOTE: Platts launches global ammonia assessments
    Material from countries that are subject to international trade sanctions are excluded from the assessment process.
  • SINGAPORE DATA: Sep bunker sales dip 3% on month to 3.935 mil mt
    Bunker demand had only picked up during the last trading week of September in line with the brief softening in crude markers, industry sources said.
  • Zhoushan, Shanghai halt bunker operations amid Cyclone Kompasu: sources
    "Barge availabilities are tight now and this cyclone will only make the situation tighter," said the second bunker supplier.
  • Oil product stocks fall in Fujairah after middle distillates plunge 33%
    Barges at Fujairah were loading fuel oil out of inventories to fill orders delayed by Cyclone Shaheen, which hit Oman just south of Fujairah on Oct. 3, traders said. That left low sulfur fuel oil stocks limited, they said.
  • SINGAPORE DATA: Sep bunker sales dip 3% on month to 3.935 mil mt
    Bunker demand had only picked up during the last trading week of September in line with the brief softening in crude markers, industry sources said.
  • Global fossil fuel demand set for 2025 peak under net-zero pledges: IEA
    Published with a view to inform discussions at the COP26 climate talks in November, the closely watched long-term energy outlook includes the IEA's Net Zero Emissions Scenario which it first published in May, as a pathway to limit global warming to 1.5 degrees by 2050.
  • REFINERY NEWS: PDVSA processing rate at CRP complex rises to 23.6%
    Located in northwestern Venezuela, CRP includes the 645,000 b/d Amuay and 310,000 b/d Cardon refining facilities. It also includes the 16,000 b/d Bajo Grande asphalt plant, which has been out of service for several years.
  • India Reliance signs deals to develop low cost hydrogen, 'green' solar technology
    Hydrogen is a new field for the country that has a total power generation capacity of 388 GW and imports around 201.5 million mt or 4 million b/d of crude oil a year.
  • Renewable hydrogen could enable 80% reduction in global shipping emissions by 2050: IRENA
    IRENA said announced projects for renewable ammonia will total 17 million mt/year of production capacity by 2030.
  • Rotterdam FOGO bunker spread widens on heating demand

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