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Mnuchin: US, Chinese Call Could Produce 'in-person' Talks

Jul 18, 2019

U.S. and Chinese officials will hold a telephone call later on Thursday that could pave the way for further in-person trade talks, U.S. Treasury Secretary Steven Mnuchin told CNBC.Mnuchin, speaking from the G7 meeting in Chantilly, France, said he and U…

Singapore Fuel Stocks at Eight-month Low Ahead of IMO 2020 Deadline

Jul 18, 2019

Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17, official data showed, in one of the latest signs that suppliers are gearing up for rule changes to make marine fuel cleaner…

Revolutionary Guards Seize Oil Tanker in Gulf

Jul 18, 2019

Iran has seized a foreign tanker smuggling fuel in the Gulf, state television quoted Iran's Revolutionary Guards as saying on Thursday.'A foreign vessel smuggling one million litres of fuel in the Larak Island of the Persian Gulf has been seized…

US to Work "aggressively" for Free Gulf Passage

Jul 18, 2019

U.S. Central Command chief General Kenneth McKenzie said on Thursday it was talking to other countries about freedom of navigation in the Gulf and would work 'aggressively' to find a solution to enable free passage.The United States has beefed…

Two Container Giants Visits Austalian Port

Jul 18, 2019

Two of the largest-capacity container ships to ever visit Australia are making calls to the Fremantle Inner Harbour this month.The first one, Maersk Skarstind, has already arrived in Fremantle. Maersk Skarstind berthed around 9.30pm on July 15th assisted by a pilot and three Svitzer tugs…

SC Ports Reports Record Cargo Volumes

Jul 17, 2019

The South Carolina Ports Authority (SCPA) reported another successful year, handling record cargo volumes, rail moves and inland port activity in fiscal year 2019.SPCA, which owns and operates public seaport facilities in Charleston and Georgetown…

Pilbara Ports Annual Throughput Down

Jul 17, 2019

Australia's Pilbara Ports Authority has delivered a total annual throughput of 697.2 million tonnes (Mt) for the 2018/19 financial year. This result is a less than 1% change (decrease of 2.06 million tonnes) from last year’s record annual throughput…

RoPax Ferry Finbo Cargo Enters Muuga Port

Jul 17, 2019

The Estonian terminal operator HHLA TK Estonia is strengthening its position as a RoRo hub in the Baltic region.The wholly owned subsidiary of Hamburger Hafen und Logistik AG (HHLA) said in a press release that the Finnish ferry company Eckerö Line recently began connecting the port of Muuga…

Diana Shipping Fixes Selina with Ausca

Jul 17, 2019

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Selina.The global shipping company specializing in the ownership of dry bulk vessels…

AIWA's 20th Anniversary Annual Meeting

Jul 17, 2019

AIWA's Executive Director Brad Pickel, reaches out to stakeholders in advance of the Atlantic Intracoastal Waterway Association's annual meeting:Dear Supporters and Friends of the Atlantic Intracoastal Waterway Association,Greetings and I hope this email finds everyone well…

VIKING Wins Breakthrough Order for HydroPen

Jul 17, 2019

The globally exclusive HydroPen distributor and leading safety solutions expert, VIKING Life-Saving Equipment, has announced the signing of a fleetwide contract with a major global container shipping operator to integrate the HydroPen System for container firefighting…

Study: Explore Diversity and Inclusion Across Shipping

Jul 17, 2019

The first ever survey and study to explore levels of diversity and inclusion across the shipping industry has been announced by the newly-formed Diversity Study Group.The Diversity Study Group (DSG) is the first organization dedicated to championing diversity and inclusion in all forms in shipping…

Fumigation Doesn't Work for Some Ship Cargoes

Jul 17, 2019

The fumigation of grain cargoes using certain pesticides, namely plant protection products, may not be effective in controlling insect larvae, resulting in cargo damage or loss.Javier Quintero Saavedra, head of HSE at Terminales Marítimos de Galicia (TMGA)…

War Risk Costs Impact UAE Bunkers, Singapore benefits

Jul 17, 2019

Shippers trying to minimise time in the Middle East after oil tanker attacks pushed up insurance costs are scaling back purchases of marine fuels from the United Arab Emirates' (UAE) Fujairah oil hub, trade sources said.Instead, they are turning primarily to Singapore…

Baltic Index Propelled Again by Capesize, Panamax Demand

Jul 17, 2019

The Baltic Exchange's main sea freight index rose on Wednesday, driven by demand for capesize and panamax vessels.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 2.6%, or 53 points, to 2,064, its highest since January 2014…

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