GrainCorp deal blocked Australia’s last major grains handler to remain independent after takeover bid vetoed. Ex-Aegean man jailed Singapore court sentences ex-bunker trader to 8 months jail for abetting in stealing fuel. Nord/LB provisions jump German lender takes $873m hit as it forecasts shipping crisis to last well into 2014. Fredriksen deletes final VL Frontline 2012 cancels last of five tankers at Jinhaiwan with STX ships still in doubt. Hope for Attica Greek ferry group returns to profit in nine-month period despite do SFL sights twin targets Ole Hjertaker says owner has eyes on new container vessels and further offshore assets. Polarcus shares wanted Mystery investor hunts 10% of Oslo-listed owner following decline in value. Restructuring riddle RS Platou Markets is growing more positive on Frontlines efforts, but rivals are not so sure. Owner wins CTL battle Bribery in the spotlight as insurers ordered to pay for loss of Irene EM. Pac Basin swoops for seven Hong Kong-listed owner continues expansion drive with $170m newbuilding haul. NOCC in top gear Oslo-listed car carrier owner races to third quarter profit amid firmer rates. Firm exercises all options for modern product tankers Company has a total of 18 ECO LR2 tankers on firm order with two Chinese yards. Mixed fuel prices in the Americas There was a public holiday in the US on Thursday. Tight avails in Fujairah prices falling in Suez. Prices soften in European ports Tight avails in Rotterdam. Russian player reports Q3 profit of $1.6 million FESCO-Bunker LLC has been supplying in the Russian far East. Clarkson Research: Admit you cannot forecast oil prices Shipping industry must instead build ships with flexibility to cope with unpredictable future, says president of Clarkson Research. Stopford: Be inspired by Apple for smarter shipping The technology youre working with sucks and there is little room left to improve diesel engine says president of Clarkson Research. Contract with Qatar makes LNG bunkering more feasible Qatargas to deliver 10 bcm of LNG to Rotterdams Gate Terminal. Methanol has been overlooked as alternative fuel Commercially viable with similar environmental profile as LNG, methanol deserves a closer look, conference is told. Players say bunker sales have been lacklustre Demand has taken a hit. Singapore fuel oil stocks up week-on-week Middle distillates down nearly 19%. IFO prices still rising at major Asian ports Supplies of marine fuel tight at Hong Kong, Busan and Tokyo Bay. LR report to focus on LNG as marine fuel It is exciting to see how fast the marine industry in North America is turning to LNG. US Navy suspends contracts with Inchcape Shipping Services Suspension based upon evidence of questionable business integrity. China fuel oil inventories fall on week Sinopec received 30,000 mt of bonded bunker fuel at Zhoushan. CTL 2013 discusses pertinent issues on Day 1 Schedule reliability increases for second consecutive month Imports of thermal coal up by 28 pc in April-Oct. Indo-Iranian trade likely to touch $ 20-bn mark Iran n-deal may hit rice exporters Sugar industry sees exports as critical for revival Adani Ports signs MoU with Belgian Port of Zeebrugge Govt to attract investment in ports sector, says Vasan Port of Amsterdam enters into structural partnership for creating a green metropolitan region Nine developers submit initial bids for 4,000-MW Odisha power projec G6 mulls expansion into new trade to compete with proposed P3 alliance Yang Ming asset sale, selling US$47 million dry containers to Textainer European Commission probes 14 container lines for price signalling Libyan oil strikes hit Brent price: US Energy Information Administration Matson to raise freight rates, terminal handling charges in 2014 Evergreens large orderbook follows five-year fleet renewal suspension Major disruption by French farmers continue to threaten roads into Paris Oakland port truckers picket, eco-compliance puts drivers out of work China resumes shippers applications for purchase of railcars EU bans fish from Cambodia, Belize, Guinea, warns Korea and Ghana August-September container volume from Europe to ECSA drops 9pc Eskimos object to WTO ban - is agri-biz any more cruel than seal hunting? Dachser expands in south east Asia with Indonesia joint venture NYK joins efforts to revitalise earthquake devastated areas in Japan Chengdu-Europe Railway prompts growth in logistics in Sichuan province Alataw Pass 10-month trade volume up 10.6pc to 24.31 million tonnes Jiangxi 10-month road freight volume up 9.3pc to 994.73 million tonnes Qingdao logistics added value up 9pc to US$7.69 billion in nine months CaroTrans launches direct LCL New York-St Petersburg service American-US Airways to give up slots so merger can go ahead December 9 DHL launches transshipment and consolidation service from Shanghai MIAT Mongolian Airlines appoints Globe Air Cargo as GSA for Europe
Posted on: Fri, 29 Nov 2013 05:44:08 +0000
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