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Trade Wars and Drone Strikes Are Realigning OPEC

Bloomberg | May 19, 2019 | Energy

Stelco CEO Turns Attention to M&A as Trump Lifts Steel Tariffs

Bloomberg | May 17, 2019 | International Trade

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PCC Logistics’ Abastillas reaches for the future

AJOT | May 17, 2019 | Logistics | Ports & Terminals

Gabe Abastillas, Sales Manager, PCC Logistics/Oakland is reaching out to younger people in the maritime transportation and logistics business not just to encourage sales but also to encourage participation and job opportunities in the maritime and logistics industries.

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CMA CGM NOURA Service seasonal evolution

AJOT | May 17, 2019 | Maritime | Liner Shipping

Willing to broaden port coverage to East Africa, CMA CGM announced the seasonal service evolution in their NOURA service.

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Coal stockpiles at U.S. coal power plants were at their lowest point in over a decade

AJOT | May 17, 2019 | Energy | By The Numbers

U.S. coal stockpiles decreased to 98.7 million tons in February 2019, their lowest value in more than a decade. Total U.S. coal stockpiles have fallen as more coal plants have retired.

Hamburg Süd expands service on the Europe–Central America, Caribbean and South America West Coast trade
Maritime
AJOT | Top Story | May 17, 2019

Hamburg Süd expands service on the Europe–Central America, Caribbean and South America West Coast trade

New stand-alone service offered in collaboration with Maersk – Maximum flexibility for tailor-made solutions – First-class port coverage – Competitive transit times and high schedule reliability Hamburg, May 17, 2019. The trade between Europe and Central America, Caribbean and South America West Coast has always been a key element in Hamburg Süd’s global network of liner services. In cooperation with Maersk, Hamburg Süd will be expanding and enhancing the services it offers on this core trade beginning in June 2019. “Combining the strengths of Hamburg Süd and Maersk, we can offer our customers a best in class stand-alone service configuration without having to depend on vessel sharing agreements with other shipping companies,” says Frank Smet, Chief Commercial Officer of Hamburg Süd. “This allows maximum flexibility towards the needs of the trade and our customers because we can design and operate the systems totally independently. This also allows us to make seasonal adjustments to cater to specific cargo flows, for example to reduce transit times for perishables or to call different ports on a direct basis if there is sufficient demand from our clients to do so.” The new stand-alone service covering Europe to/from Central America, Caribbean and South America West Coast (SAWC1) will provide operational integrity, high schedule reliability and additional features, such as: Fast direct connection between the Chilean ports of San Vicente and San Antonio and North Europe Improved links to global network through the hub ports of Balboa, Cartagena and Manzanillo; customers will have access to the market-leading global Maersk Group network including the US, Russian, Mediterranean and Middle Eastern ports Increased South American port coverage with multiple services moving through the West Coast of South America; customers will now have services to/from an unparalleled number of ports in Chile, Peru, Ecuador and Colombia Eight ships of the post Panamax class (4,500 TEU wide beam), will be deployed on SAWC1. With their 1,400 reefer plugs each, the vessels are ideally suited to cover the requirements of the trade. In addition, Hamburg Süd will continue to have access to the existing Eurosal service (SAWC2), providing coverage for ports in Colombia and the Dominican Republic, while also maintaining a direct connection to/from the French port of Le Havre. The first northbound sailing of the new SAWC1 service is scheduled to be on June 10, 2019, with the “Luna Maersk” departing from San Antonio. The first southbound sailing is Lexa Maersk with ETD from Antwerp on June 6, 2019.
CMA CGM FAK rates update from Asia to North Europe

AJOT | May 17, 2019 | Maritime | Liner Shipping

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APM Terminals Barcelona strengthens its security culture

AJOT | May 17, 2019 | Ports & Terminals | Terminals

APM Terminals Barcelona, with the goal of validating the action guidelines set out in its Emergency Plan, has performed fire and evacuation simulation on an SC crane.

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Damen and De Beers Marine Namibia formalise new relationship

AJOT | May 17, 2019 | Maritime

On 15 May 2019, Damen Shipyards Group and De Beers Marine Namibia (Pty) Ltd participated in a special steel cutting ceremony to mark the beginning of construction on a new offshore vessel.

Denis Petropoulos appointed new Baltic Exchange Chairman

AJOT | May 17, 2019 | Maritime | Liner Shipping | People | Appointments

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Kuehne + Nagel wins Planet Award of Excellence

AJOT | May 17, 2019 | Air Cargo | Freighters

Lufthansa Cargo recognizes top customer for the 2018 business year

CAGTC membership elects new board officers, board members

AJOT | May 17, 2019 | International Trade | People | Appointments

Deere Slumps as Trade War Dims Outlook for Top Tractor Maker
International Trade
Bloomberg | Top Story | May 17, 2019

Deere Slumps as Trade War Dims Outlook for Top Tractor Maker

The U.S.-China trade war is finally taking a visible toll on the world’s biggest maker of tractors.
Foss Barge departs to retrieve the Port of Everett’s two container cranes
Ports & Terminals
AJOT | Top Story | May 17, 2019

Foss Barge departs to retrieve the Port of Everett’s two container cranes

On May 14, Foss Maritime departed the Port of Everett enroute to the Port of Los Angeles to pick up two gantry cranes for use at the Port’s modernized South Terminal.
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IMF Says Germany Should Rebalance Economy for the Benefit of All

Bloomberg | May 17, 2019 | International Trade

Germany should cut taxes and upgrade its digital infrastructure to reduce its vulnerability to external shocks such as trade protectionism, according to the International Monetary Fund.

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