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New Clean Engine Technology Servicing The Ports Of Los Angeles Or Long Beach

Total Transportation Services, Inc. (TTSI) one of the nation’s leading port drayage companies has taken delivery of 20 Volvo and 20 Freightliner Class 8 trucks all equipped with the new Cummins ISX12N Natural Gas engines. This is the largest single purchase to date of this new clean engine technology of any fleet servicing the Ports of Los Angeles or Long Beach. The acquisition, part of TTSI’s commitment to convert 100% of its fleet to a near-zero and zero-emission platform by 2020, confirms that the platform is viable, durable and cost-effective ...

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Port Of Los Angeles Releases Final Supplemental Environmental Impact Report For Berths 97-109 (China Shipping)

The Port of Los Angeles has released the Final Supplemental Environmental Impact Report (SEIR) for the Berths 97-109 (China Shipping) Container Terminal Project. The Los Angeles Harbor Commission will consider certification of the Final SEIR at a special meeting at 9 a.m. on Tuesday, October 8th. The meeting will be held at the Port’s administration building, 425 S. Palos Verdes St. in San Pedro. A link to the Final SEIR can be found here. Go to “Projects Under Environmental Review: Public Review Period Closed,” then scroll to “Berths 97-109 (China ...

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Pakistan LNG buy tender attracts offers from Chinese, Japanese firms

A spot tender by Pakistan LNG to buy 10 liquefied natural gas (LNG) cargoes for delivery in the fourth quarter received strong interest from various companies including Japanese and Chinese, according to a company document. JERA Global Markets, a unit of the world’s biggest LNG buyer JERA Co, and PetroChina International (Singapore), a part of China’s top oil and gas company PetroChina Co Ltd, were among nine companies that have technically qualified to supply the LNG, according to the document. JERA and PetroChina have traditionally been big buyers of LNG ...

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U.S. oil imports up, exports up last week: EIA

U.S. crude oil imports and exports both increased during the week ending Aug. 30, the U.S. Energy Information Administration (EIA) said. U.S. crude oil imports averaged 6.90 million barrels per day (b/d) last week, up by 976,000 b/d from the previous week, while crude oil exports averaged about 3.06 million b/d, up by about 42,000 b/d from the previous week, according to the Weekly Petroleum Status Report. Over the past four weeks, crude oil imports averaged about 6.94 million b/d, down by 992,000 b/d year-on-year, while crude oil exports averaged ...

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Iron ore futures close lower

Iron ore futures closed lower on Friday in daytime trading at the Dalian Commodity Exchange (DCE). The most active iron ore contract for January delivery dipped 25.5 yuan (about 3.6 U.S. dollars) to close at 629 yuan per tonne. On Friday, the total trading volume of 12 listed iron ore futures contracts on the exchange was 2.93 million lots, with a turnover of 188 billion yuan. As the world’s largest importer of iron ore, China opened the DCE iron ore futures to international investors in May 2018. Source: Xinhua

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India’s coal workers plan nationwide strike against government move

Four trade unions at state-run Coal India Ltd and Singareni Collieries Co Ltd have called for a one-day nationwide strike on September 24 to protest against the government’s recent decision of allowing 100% foreign direct investment in coal sector. The unions, which represent around half a million coal workers, Thursday sent the strike notice to the government, Coal India Ltd and Singareni Collieries Co Ltd. The trade unions are — Indian National Mineworkers Federation, Hind Khadan Mazdoor Federation, Indian Mine Workers Federation and All India Coal Workers Federation. The unions’ ...

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Advanced Shipping & Trading – Weekly Shipping Market Report – Week 36, 2019

In the Cape segment General Ore International have sold their “Harriette N” 176/2011 SWS to Chinese buyers for USD 24 mill and Grand China Logistics Group

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Weekly Dry Time Charter Estimates, September 04 2019

Despite positive rate estimates for the Capes, few fixtures have been reported and interest has been limited to short-term deals.

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Golden Destiny Market Report Week 36 2019

Golden Destiny Market Report Week 36. You will find the following:

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Seasure Market Report 06 September 2019

Seasure Market Report 06 September 2019

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Baltic Dry Index falls to 2462, down 37 points

Today, Friday, September 06 2019, the Baltic Dry Index decreased by 37 points, reaching 2462 points.

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MMi Daily Iron Ore Index Report September 06 2019

SMM statistics showed that as of September 6, iron ore stocks across 35 Chinese ports shrank 350,000 mt from a week ago to 110.3 million mt.

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Monjasa completes first ship-to-ship supply of new 0.5% sulphur marine fuel

Years of preparation for the upcoming IMO 2020 regulations was condensed into Monjasa’s first ship-to-ship supply of the new bunker fuel with a maximum 0.5% sulphur content. The operation was completed in Southampton, UK and included supply of VLSFO and MGO. The bunker industry will play a key role in enabling the near-future transition towards more environmentally friendly marine fuel products. Both when it comes to the overall availability landscape of the new products and logistical flexibility to supply more bunker types. The demand is already building up and the ...

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Drewry: World Container Index Up By 4.3%

The composite index increased 4.3% this week but, 17.2% down as compared with same period of 2018. The average composite index of the WCI, assessed by Drewry for year-to-date, is US $1447 per 40ft container, which is $21 higher than the five-year average of $1,426 per 40ft container. Transpacific Eastbound rates lifted Drewry’s composite World Container Index up by 4.3% or $61 to $1468.70 per 40ft container – after falling for three consecutive weeks. Freight rates from Shanghai-Los Angeles soared 23% or $311 from previous week’s rate of $1374 to ...

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MABUX: Bunker market this morning, Sep.06

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) turned into firm upward trend on Sep.05: 380 HSFO – USD/MT – 363.40(+8.23) 180 HSFO – USD/MT – 407.50(+9.52) MGO – USD/MT – 650.299(+10.77) Meantime, world oil indexes were little changed on Aug.05 as support from a sharp drawdown in U.S. crude inventories was countered by fears of slowing global demand growth amid doubts over resolving the U.S.-China trade feud. Brent for November settlement increased by $0.25 ...

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