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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:06 GMT+1
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BRIEFS
May 2, 2016
Sched Netweb site
  • A-E rate soars 62pc to US$732/TEU, up 58pc to Med, 18pc to USWC
  • MOL levies US$400/TEU Malaysia-WC Latin America hike for May 15
  • HK's Modern Terminals orders 5 quay cranes, upgrades 4 old ones
  • China Cosco 9,400-TEUer to be first through expanded Panama Canal
  • MOL on-time performance from China slips due to congestion and fog
  • CKYHE shipping alliance restructures Asia-US east coast loops
  • US quarterly GDP up 0.5pc after 1.4pc rise in last year's fourth quarter
  • DP World sees volumes rise 3.7pc globally to 15.5 million TEU in 2015
  • Hamburg Sud cuts out USEC loop and changes two transpacific services
  • UPS quarterly profit up 9.7pc to US$1.13 billion as revenue rises 3.2pc
  • Yusen Logistics opens reefer unit 25 kilometres from HK airport
  • Old Dominion Freight Line quarterly net profit up 3.6pc as sales rise 1.6pc
  • Port of Hamburg publishes its 2016-17 'Liner Services' handbook
  • FedEx-TNT merger clears final hurdle with China's regulatory approval
  • China Eastern confirms US$4 billion in B787-9 Dreamliner orders
  • India mulls allowing importing planes of up to 18 years for regional flights
  • Delta Air Lines signs 20-year lease agreement with City of Atlanta
  • AAWW pilot unions demand US mediation in contract negotiations

Exim Indiaweb site
MAY 1, 2016
  • Amit Maheshwari wins Asia Pacific Entrepreneurship Award 2016
  • DG Shipping to be Chief Guest at MANSA's conference on 'Ease of Doing Business' on May 6
  • European Commission approves CMA CGM's proposed acquisition of NOL
  • Multipurpose shipping seen taking more time to recover
  • Seashell Logistics exhibits its strengths at Maritime India Summit 2016
  • Anti-dumping duty likely on chemical from China & Korea
  • Adani Kattupalli Port receives maiden vessel call of Maersk Line's Colombo-Salalah Shuttle Service
  • Gangavaram Port sets all-India record for non-coking coal discharge
  • New Kandla Port Board of Trustees for 2016-18
  • Over 80 port connectivity projects proposed
  • Exports need logistics infra fillip: Gadkari
  • Projections of the Economic Survey 2015-16 - I

International Transport Journalweb site
  • Good subcontinental prospects
  • New Luxembourg-South of France rail service
  • Volunteer of the year attracting young talent
  • Descartes takes on Pixi
  • Grain mountain shifting from road to rail
  • BDB gains support from port of Antwerp
  • Lufthansa Cargo advising start-ups
  • Ellis to manage GSAs for Virgin Atlantic
  • Dachser flourishing in 2015
  • Green light for CMA CGM's acquisition of NOL
  • Railway sector joins forces to deploy digital technology
  • Braemar names harbour and ports custodian (ME)
  • China Eastern finalizes major Dreamliner order
  • Lee takes pilot seat at Raya
  • Kazakhstan: 300 new trucks and trailers
  • Headwinds for Japan's big three
  • Pacavi confirms first P2F Airbus orders
  • US logistics company opens up in Vietnam

IHS Maritimeweb site
APRIL 29, 2016
  • GLDD signs USD93 million in dredge contracts
  • Samsung HI back to black with USD13.9 million
  • Brussels approves CMA CGM takeover of NOL
  • Yangzijiang's profit falls 36% in first quarter
  • RBS' non-performing shipping loans almost double in three months
  • Panama Canal dismisses ITF lock safety claims
  • Hanjin Shipping's letter suggests debt renegotiations on the cards
  • DSME negotiating Iranian offshore plant order
  • POSCO's contracts fail to prevent losses for general cargo specialists
  • Seadrill extends maturities of three facilities in latest cash protection move
  • Reports of Fredriksen VLCC orders raise industry concerns
  • Australia 'ready to go' with LNG powered shipping
  • Spot rates soar on Asia-Europe as GRI takes effect
  • China COSCO profit falls 21.8% y/y in 2015
  • Yang Ming mourns its president Hermann Yu
  • Long-awaited China guidelines to SOLAS box weighing rule are issued
  • Offshore business SapuraKencana downgraded to 'sell'
  • Rising consumption drives intra-Asia, e-commerce shipping and logistics growth

The Loadstarweb site
APRIL 29, 2016
  • EC clears CMA CGM bid to buy APL, but it must withdraw carrier from G6 alliance
  • UK air cargo carriers set to expand despite tough market conditions
  • Asia-Europe rates soar as next round of GRIs looms and demand strengthens
  • Panama Canal hits back at 'false' ITF claims that new locks pose a threat to larger boxships
  • UK logistics executives believe their firms will be better off staying in the EU
  • Ivory Coast trade gets a lift as European consumers get a taste for mangoes
  • The driverless truck is coming, and it's going to automate millions of jobs
  • E-commerce gives UPS profit a lift, despite mixed US economy
  • Raya Airways names Lee Shashitheren as its new chief executive

Marine Logweb site
APRIL 29, 2016
  • Blue Drop Training wins C$15 million AOPS award
  • Singapore revokes bunkering licenses
  • Crowley's Michael Roberts gives Senate testimony
  • Panama Canal dismisses ITF claims on maneuvering safety
  • Schottel products benefit from new gearbox technology

World Wide Shipperweb site
APRIL 29, 2016
  • Greenbrier receives order for two ocean-going barges
  • CBP warns of traffic woes near Port of Seattle terminals
  • Trade between NAFTA partners falls during month of February
  • Volaris Airlines to begin service between Guadalajara and Sea-Tac
  • V.Ships Offshore nets contract for oil spill vessel management

Lloyd's Listweb site
APRIL 29, 2016
  • China Cosco boxship to make inaugural transit through new Panama Canal locks
    The vessel, Andronikos, will make the first transit through the expanded waterway on June 26.
  • MSC Fabiola grounding blocks Suez Canal convoy
    Chartered-in ship halts southbound transit
  • Prestige ruling puts oil spill compensation system in jeopardy, says ICS
    Chamber calls for IOPC Funds members not to sacrifice system for interests of individual countries
  • TAL-Triton container leasing merger on track for June closing
    Combined entity will control 25% of intermodal freight containers and aims to make annualised savings of $40m
  • Capes charge ahead with some cracks
    Strong sentiment continues although some routes starting to show signs of weakening perhaps due to the expansive holidays
  • Asia-Europe carriers push through May GRIs
    But overcapacity on the transpacific trade sees lines struggle to justify latest GRI attempts
  • Yangzijiang Shipbuilding sees 37% fall in first quarter net profit
    Revenue dented by lower contributions from shipbuilding segment
  • Singapore port authorities cancel licences of two bunker companies
    Investigations revealed discrepancies and incorrect declarations in records on board bunker vessels
  • Brussels greenlights CMA CGM takeover of NOL
    Update: Sets condition of NOL leaving G6 alliance next year, as already pledged by CMA CGM
  • Can US crude exports on tankers emulate LPG?
    Investment in appropriate infrastructure is needed but there are significant questions over the economics
  • Yard Talk | No merger in short run for South Korean giants
    SHI and DSME are to survive on their own for now, but there are still longer-term prospects
  • Fortuna FLNG project delay deals another blow to Golar
    Golar LNG has an agreement to provide midstream chartering and operating services for the project
  • China Cosco incurs deeper net loss on unit disposals
    Group expects more losses ahead as shipping market shows no signs of improving
  • Panama Canal cargo transfers skew US propane export data
    Panama showing up as propane exporter to China and Japan even though it does not produce any
  • Indonesian thermal coal cargoes could pose fire hazard, warns London P&I Club
    Indonesian coal has tendency to self-heat and emit volatile methane gas
  • Cosco Pacific first-quarter profit rises 31% on share disposal gains
    Profit increase due mainly to company disposing of its entire stake in subsidiary Florens Container Holdings
  • Shell terminates three FLNG orders with Samsung Heavy Industries
    Contract termination follows Woodside Petroleum's announcement to halt Browse FLNG project citing difficult market conditions
  • Asia sea robbery incidents down in first quarter 2016, says ReCAAP
    No piracy incidents reported during January to March period
  • Global Ship Lease welcomes ocean carrier alliances
    Consolidation to bring stability to volatile containership industry
  • Paragon Shipping stock price surges
    Cancellation of $2.2m debt leads to five-fold increase in stock price in a single day

The Journal of Commerceweb site
APRIL 29, 2016
  • Eastbound trans-Pacific spot rates stage recovery
  • Japan finalizes SOLAS processes, punishments
  • Hermann Yu, Yang Ming president, dies at 59
  • US OKs two alternative container weighing verification methods
  • Yusen profit falls despite ocean volume gains
  • Profit declines at leading India logistics provider
  • Asia's consumers and manufacturing reshaping logistics
  • CMA CGM gets EU greenlight to acquire NOL
  • Rates rocket on Asia-Europe trades as GRI takes hold
  • Supply chain parties hook up new freight rate solution on volatile Asia-Europe
  • China issues guidelines to SOLAS container weight rule

TradeWindsweb site
APRIL 29, 2016
  • String of handysize bulkers change hands
    Orient Marine sells Boronia K; Falcon Maritime buys Hanze Groningen; Exeno Yamamizu ship sold.
  • Cosco ship to break in new Panama Canal
    Newer, wider locks able to handle only four slots during initial start-up.
  • Jinhui bulker sold off as supramaxes rise
    Oslo-listed bulker owner said to have let go of 16-year-old Jin An.
  • Doun tied to sale of post-panamax bulker
    Japanese shipowner reported to have unloaded 97,000-dwt Eternal Power.
  • Yamal LNG secures $12bn of Chinese finance
    Russian gas project avoids sanctions conflict through Beijing deal.
  • Ophir-Schlumberger FLNG deal collapses
    But midstream partner Golar LNG says its framework agreement with American oil major is not affected.
  • Faz quits Norwegian after four months
    Chief executive at hull club replaced by Hans Christian Seim.
  • Royal Caribbean crushes estimates
    Miami cruiseship owner increases 2016 forecast and more than doubles earnings in first quarter.
  • Term deals keep bulker owner ESL in profit
    Finnish owner hit by weaker supramax rates, but stays in the black for Q1.
  • Europe clears CMA CGM's NOL deal
    French owner's plan to acquire Singapore company given the green light by European regulators.
  • New brokerage eyes distressed claims
    Robert Southey's new operation says it has a long list of struggling companies to monitor.
  • ECSA wants focus placed on Africa
    Shipping should feature in any trade deals with Europe, owners' body says.
  • DSME workers to fight against job losses
    Unions are heading for conflict with top management over restructuring plan.
  • Olympic OSV makes renewables shift
    Olympic Delta wins 120 days of work as diversification proves necessary.
  • Seadrill stretches loans worth $2.95bn
    Banks give their consent to provide drillship owner with much needed breathing space.
  • Elektrans tanker returning crude to Libya
    Distya Ameya to offload cargo at Zawiya after being blacklisted by UN.
  • CSCL ends liner shipping with a loss
    Chinese state owner posts $132m Q1 deficit as it transfers vessels to sister outfit.
  • Samsung Heavy pushes up Q1 profit
    But shipbuilder fails to beat analysts' estimates as revenue dips slightly.
  • Grupo TMM chops loss and boosts EBITDA
    Mexican tanker and OSV owner reports stronger operational figures as it reduces Q1 red ink.
  • Ultrabulk books annual profit in poor market
    Danish owner expects to record positive operating numbers in 2016.
  • China Cosco starts boxship operations with $690m loss
    New containership wing of merged Cosco/China Shipping group hit by disposal of bulker interests.
  • Singapore kicks out two more bunker suppliers
    Lion Republic gets tough with more companies after investigations reveal discrepancies.

American Shipperweb site
APRIL 29, 2016
  • NEWS FLASH: China COSCO ship will be first to transit expanded Panama Canal
  • China approves FedEx acquisition of TNT
  • Container spot rates soar 31.9%
  • YRC posts mixed Q1 results
  • Kirby Corp.'s Q1 profits tumble
  • Banks to decide on Hanjin restructuring next week
  • S.C. pursues second inland port to attract cargo to Charleston
  • USCG outlines methods for VGM compliance
  • DP World Q1 volumes up 3.7%
  • PwC: Logistics M&A activity slows in Q1 2016
  • AIIS: U.S. steel imports in March rise 12.8% from February
  • ODFL's net income drops 3.6% in Q1 2016
  • Senate committee passes pro-port WRDA bill
  • Union group, Panama Canal clash over safety study
  • European Commission approves CMA CGM's $2.4b purchase of NOL/APL
  • Outsize growth for inland port
  • The money chase
  • Global TMS Comes of Age
  • Staying nimble
  • Progress on port productivity
  • The Bottom Line: Underused supply chain process options
  • Executive Summary: Transportation Procurement Report
  • CIO Insight: Let technology be a brand builder
  • Compliance 360: Ports gain DOT respect
  • Ocean Transport: Hapag-Lloyd CEO sees beyond gloom
  • Container Analytics: 2016 transpacific container rate negotiation primer
  • Air Transport: Cuban cargo crisis?

The Bunker Bulletinweb site
APRIL 29, 2016
  • Rotterdam 380 CST bunker fuel above $200/mt on buoyant crude
    $200 level last seen in November.
  • Singapore starts construction of deep-water Tuas Terminal Phase 1
    Completion of Phase 1 in early 2020s.
  • Singapore imports 347,168 mt of fuel oil from Iran end-Mar to end-Apr
    Data has resurfaced since trade sanctions against Iran were lifted in January this year.
  • Singapore's WE Bunker appeals $1 mil payment order to Viet Hai Petroleum
    Case centers on a series of transactions in 2012.
  • Short-term impact on Singapore bunker market after Vermont UM loses license
    Exit will mean some barge congestion and reduction in spot bunker fuel volume.
  • Competition intense for heavy fuel oil in St. Petersburg: sources
    Following a move by one supplier to add heavy fuel oil to range of products it offers in the market.
  • Japan's JX seeks to raise Q2 fuel oil prices 7-11% from Q1 on higher costs
    JX's fuel oil prices are used as benchmarks by Japanese industrial buyers.
  • WFS committed to marine segment despite challenging market conditions: CEO
    The company's marine segment reported a 27% decline in gross profit for the first three months of 2016.
  • Crude prices push USGC HSFO above $30/b for first time since November
    Most of the reason for the rising price has been due to increases in the underlying crude market.

›››File
FROM THE HOME PAGE
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
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
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
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%
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%
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
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
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.
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
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
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%)
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
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
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
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
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
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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