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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:01 GMT+1
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BRIEFS
December 31, 2015
Sched Netweb site
  • Beijing approves China Merchants Group acquisition of Sinotrans & CSC Holdings
  • Ningbo-Zhoushan port handles record 20m TEU in 2015
  • China fines eight carriers US$65 million for price fixing
  • Asian Logistics and Maritime Conference discussed Hong Kong future role
  • New shipping service between Gulf of Mexico and US East Coast
  • ZIM expands refrigerated container fleet to cope with demand
  • Senior Chinese official says India and China should not to turn Nepal into a 'boxing arena'
  • UK economy slows down as recovery loses momentum
  • Malaysia Airlines to expand its operations at Kota Kinabalu Airport
  • Pilot sparks probe after Malaysia Airlines plane flies in wrong direction
  • Shanghai sets up aviation association

Exim Indiaweb site
DECEMBER 30, 2015
  • Gadkari to grace Bombay Chamber's 9th Biennial Conference on Ports, Shipping & Logistics on Jan. 22, 2016 in Mumbai
  • GAIL (I) to hire carriers from Golar LNG to transport US gas
  • Tough time ahead for small dry bulk vessel owners in 2016
  • ZIM to expand refrigerated container fleet
  • Maruti Suzuki to export Baleno car to EU
  • Kattupalli Port receives maiden vessel call of Evergreen Line
  • Cabinet approves exchange of land to set up Multi Modal Logistics Park by CONCOR
  • DB Schenker offers faster connection from China to European land transport network
  • Flipkart to invest $ 2.5 bn to strengthen logistics infra
  • Govt to award INR 50K cr. highway projects under PPP mode
  • RBI committee asks govt to remove interest subvention scheme for farmers
  • Several cos fail to commence operations even after allotment of land

IHS Maritimeweb site
DECEMBER 30, 2015
  • European shipowners submit survival plan to EC
    European shipowners have published 16 proposals for the European Commission to revive Europe's maritime clusters and regional shortsea shipping sector. The initiative hails from the European Community Shipowners' Associations (ECSA), which wants to influence the European transport commission's maritime legislative strategy currently being developed for 2017 - the EC's designated "European...
  • Korea Shipowners' Association pleads for aid for Hanjin, HMM
    Credit: HasenpuschThe Korea Shipowners' Association (KSA) has pleaded for more to be done to assist Hanjin Shipping and Hyundai Merchant Marine (HMM) as the country's two biggest shipping companies continue to struggle with cashflow. In a letter jointly addressed to the National Assembly, Korea Development Bank, the Ministry of Strategy and...
  • OW Bunker's trades with Tankoil had 'no commercial basis', says trustee's report
    The manner in which bankrupt Danish marine fuels supplier OW Bunker's Singapore-based subsidiary traded with its main customer made 'no commercial sense', a trustee's report has found. In a report released by OW Bunker's trustee Soren Halling-Overgaard on 29 December 2015, following a probe into the events leading up to the...
  • Sharing the risk of a cyber attack
    Sharing information among competitors does not come easy for private companies, but pressure to do so is mounting as lawmakers and the maritime industry look for ways to reduce the risk of a cyber attack along the United States' waterfront. Strengthening Cybersecurity Information Sharing and Coordination in Our Ports Act of 2015,...
  • Samudera sells two vessels for USD4.86 million
    Singapore-listed Samudera Shipping has sold two vessels for a total value of USD4.86 million to Indonesian logistics company, PT Samudera Energi Tangguh. The two vessels sold are Sinar Bukom and Sinar Tokyo, at the price of USD360,000 and USD4,500,000 respectively. Samudera is expected to make a gain of USD34,793 from the 1990-built...
  • China approves merger of China Merchants and Sinotrans
    China approved the merger of China Merchants Group and Sinotrans & CSC as it continues to restructure its state-owned sector and create companies that can compete internationally. The country's State-owned Assets Supervision and Administration Commission (Sasac) said in a statement on Tuesday the merger was cleared by the State Council, China's...
  • Keppel, Triyards end the year with contract wins
    Singapore-based Keppel Offshore and Marine (Keppel O&M) and shipbuilder Triyards Holdings ended the year securing contracts despite challenging market conditions. Keppel O&M managed to win four contracts worth a total of SGD125 million (USD88.6 million) from repeat customers. Two of the contracts involved conversion projects for fitting an LNG floating storage...

Marine Logweb site
DECEMBER 30, 2015
  • USCG closes section of Illinois River
  • NuStar already loading first post-ban U.S. crude export cargo
  • Carnival inks four cruise ship agreement with Fincantieri
  • USCG issues alert on dangers of unmarked dredge pipe
  • Philly Shipyard lines up $150 million Cat Financial loan
  • Eastern delivers first in a series of Z-Tech tugs
  • Gulf Island to acquire LEEVAC assets

World Wide Shipperweb site
DECEMBER 30, 2015
  • Ceremony marks swearing in of new Vancouver Port Commissioner
  • Everett Port Commission to discuss SEPA changes
  • Panama Canal expansion work continues with plug removal project
  • Giant CMA CGM box ship arrives at Port of Los Angeles
  • Chinese hit MOL with fine for antitrust law violation

Lloyd's Listweb site
DECEMBER 30, 2015
  • Philly Shipyard secures $150m loan for four tankers
    The facility is a continuation of cooperation between Philly Shipyard and Caterpillar Financial Services Corp
  • Dalian Port appoints new general manager and vice-chairman
    Former vice-chairman resigns due to work reallocation
  • India's Jawaharal Nehru Port Trust starts work on inland dry port project
    Project in line with India prime minister Shri Narendra Modi's industrialisation and 'Make in India' initiative
  • Beijing gets tough on box lines misreporting freight rates
    Ministry of Transport has fined eight container carriers including Maersk Line and Cosco
  • View from the bridge: Soeren Andersen
    Rickmers Maritime Trust can be considered a bellwether for containerised shipping as lines tend to return chartered-in ships when overcapacity bites
  • Samudera Shipping offloads two small chemical tankers to affiliate
    Sinar Bukom and Sinar Tokyo sold for $360,000 and $4.5m respectively
  • Global box line schedule reliability improves in November
    Taiwan's Wan Hai, a non-alliance member, emerges as most reliable carrier
  • Triyards clinches $21.8m oil barge contracts from Taiwan's CPC
    Vessels due for delivery in second quarter of 2018

The Journal of Commerceweb site
DECEMBER 30, 2015
  • US domestic intermodal spot rates fall on plentiful capacity
  • US diesel prices plunge to lowest point since spring 2009
  • China Airlines, Yang Ming, Chungwa Post ally to meet e-commerce demand
  • Idle box ship fleet shrinks as owners scrap vessels
  • Logistics firm sells some of Busan container terminal stake
  • Feasibility study of deep-sea Nova Scotia container terminal begins
  • Cochin Port criticized for changing Vallarpadam Terminal concession terms
  • PierPass to LA port truckers: Pick-up times aren't as long as you think
  • Beijing clears China Merchants for Sinotrans CSC takeover

TradeWindsweb site
DECEMBER 30, 2015
  • Five-ship sale leaves Scorpio cape-free
    New York-listed bulker owner sells three capesize bulkers and two newbuidlings for $167m.
  • US LPG export project up and running
    The number of VLGCs handled out of US Gulf to see steep growth due to expansion.
  • Giorgi: 'Big is not bad'
    Retiring Roberto Giorgi says growth of V.Ships showed opportunity in scale.
  • Carnival Corp takes four at Fincantieri
    Cruise giant books quartet in Italy, including two for Chinese market.
  • VLGC faces discharge delays due to strike
    Truck drivers in the western Indian state of Karnataka have been on strike since Monday.
  • Wells: Passage to India a 'modest positive'
    Reports linking Golar LNG to Gail contracts given gentle welcome by Wells Fargo.
  • China Cosco sings bulk blues amid box swap
    Hong Kong-listed owner exiting dry cargo market with bleak assessment of troubled sector.
  • Storm caused Eastern Star disaster
    Chinese probe blames sudden storm for fatal ferry capsize but captain and others could still face charges
  • Swathe of Chinese shipyards face chop
    Nearly half of Chinese yard capacity could be cut as another shipbuilder goes to the wall.
  • Karlshoej fund back for more Teekay stock
    Resolute adds to holiday activity and expands its leading position in New York-listed shipowner.
  • DOF wins charter deals
    Offshore owner adds to a busy Christmas with two new contract.
  • Subsea 7 wins Egypt work
    Oslo-listed owner signs contract for the platform extension of two fields in the West Nile Delta.
  • Shipping plays its part in record M&A year
    Dealogic figures show shipping and marine transportation deals at second highest level since crash.
  • SWS moves into top five world shipyards
    Chinese yard jumps Hyundai Mipo to disrupt Korean dominance of global shipbuilding.
  • Cat loan for Aker Philly
    Oslo-listed shipbuilder reveals $150m facility for quartet heading for Kinder Morgan.
  • Triyards bags bunker barges
    Singaporean shipbuilder gets new client in the form of Taiwan's CPC Corporation.
  • FreeSeas aims to comply with Nasdaq
    The dry-bulk owner approves yet another reverse split to maintain public listing.
  • NewLead reveals new major shareholder
    The Michael Zolotas-led company issues more shares to repay move into coal mining.
  • Trustee targets Altor and OW executives
    Investigation report says investment firm bears responsibility for document with 'misstatements'.
  • FreeSeas aims to comply
    The dry-bulk owner approves yet another reverse split to maintain public listing.

American Shipperweb site
DECEMBER 30, 2015
  • USCG closes portion of Mississippi River due to flooding
  • South Korea to create $1.2b shipping investment fund
  • Deliberate delays help UPS deliver on time for the holidays
  • Goldman Sachs rates FedEx stock a 'buy' despite recent troubles
  • JNPT breaks ground on inland Indian port
  • Southeast Asian countries press for economic integration
  • Port of Singapore sees cargo throughput fall in 2015
  • CMA CGM Benjamin Franklin call at Los Angeles a successful 'test'
  • U.S. regulators tighten hoverboard trasport security over safety concerns

The Bunker Bulletinweb site
DECEMBER 30, 2015
  • Low oil prices putting a break on LNG bunkering
    'Under the current lower oil price environment, the savings advantage of using LNG could be far less than anticipated,' claims OPEC.
  • OW Bunker: Lawyers report wave of ship arrests
    India legal firm has been involved in 65 arrests on behalf of ING.
  • Altor, others may be asked to pay back $175 million OW dividend
    Ad hoc trustee says there may be cause to claim reversal of December 2013 payout.
  • LNG bunker market set to grow at an 'astounding' rate
    Market will expand at a rate of more than 60% a year for the next ten-years, claims report.
  • Thailand's Sea Oil Petroleum to start trading operations in Singapore
    Bunker fuel trading to start January 2016.
  • Report: OW Bunker's IPO valuation 'significantly overstated'
    Fair market value assessment up to four times higher than indicative offers from industry players when Altor first sought to sell OW.
  • Taiwan's CPC books bunker barges
    Pair of bunker barges scheduled for delivery in Q2 2018.
  • Report suggests OW Bunker's IPO valuation was 'significantly overstated'
    Fair market value assessment used for IPO up to four times indicative offers from industry players when Altor first sought to sell OW.
  • Singapore MFM bunkering trials on track for 2017 deadline: MPA
    Existing bunker tankers delivering fuel oil at Singapore will be ready by Jan 2017.
  • Singapore Jan ex-wharf 380 CST bunker fuel concludes at $1.50-$2/mt premium
    High spot market premiums for 380 CST bunker fuel in January deterred sellers, say traders.

›››File
FROM THE HOME PAGE
PORTS
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
ENVIRONMENT
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
COMPANIES
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
PORTS
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INDUSTRY
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
PORTS
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
COMPETITION
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
ENVIRONMENT
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
LOGISTICS
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
SHIPPING
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
PORTS
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
SHIPPING
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
SHIPPING
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
PORTS
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
SHIPPING
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
PORTS
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
EDUCATION
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
MEETINGS
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
MOURNING
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
SHIPPING
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
PORTS
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
LOGISTICS
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
PORTS
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
SHIPYARDS
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
SHIPPING
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
PORTS
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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Editor in chief: Bruno Bellio
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