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24 January 2025 - Year XXIX
Independent journal on economy and transport policy
18:44 GMT+1
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BRIEFS
August 2, 2016
Sched Netweb site
  • First half's 75,000 TEU in new ships are all 3,300 TEUers or less
  • Houston keeps most of its 2015 18pc H1 gain as volume falls 4pc
  • Marseilles Fos container volumes up 3pc in first half to 623,137 TEU
  • UPS quarterly profit up 3pc to US$1.27 billion as revenue rises 4pc
  • Costamare Q2 profit falls 27.9pc to US$31.9 million, revenues off 4.9pc
  • New CMA CGM Med service to the Caribbean, Mexican Gulf and WCSA
  • Eco lobby BAN seeks exec order from Obama to ban e-waste exports
  • Long Beach to give away US$46 million to community groups in eco awards
  • GAC continues to expands adds new office in Brazil to serve Acu port
  • LA's port pilots earn US$450,000 a year - far higher than all others
  • Asian airlines post cargo growth in June though H1 volume is down
  • Japanese Airlines Cargo quarterly revenue falls 32.6pc as transpac sags
  • Cargo sales fall 12pc as IAG profits rise 19pc to US$442 million
  • AA Cargo flies 65 ton of broadcast, athletic gear to Rio Games
  • Airbus joint venture, EFW win DHL deal for 4 A330 freight conversions
  • Record year for Qatar and is now ranked third cargo carrier

Exim Indiaweb site
AUGUST 1, 2016
  • APL introduces Felixstowe Express Service for Asia-Europe trade
  • CMA CGM launches MED AMERICAS - New direct service connecting Mediterranean to Caribbean, Mexican Gulf & West Coast South America
  • DP World's MoU with Taiwan International Ports Corporation to explore growth opportunities in the country's port infrastructure to enhance its trade potential & economic prospects
  • Gulf Petrochem Group expands European bunker operations
  • SCFI rates see rare surge
  • UK P&I Club calls for use of 'can test' to help avoid loss of life arising from cargo liquefaction
  • Govt looking at more countries to import pulses
  • Govt regularly monitoring projects to boost Major Ports
  • Initiatives taken to improve efficiency at JN Port highlighted
  • Krishnapatnam Port unveils India's first ocean-linked golf course
  • Two new fire tenders commissioned at Mumbai Port
  • Govt zooming ahead in developing road projects
  • Truck freight projected to be weak in the coming days

IHS Maritimeweb site
AUGUST 1, 2016
  • Foreign crew stranded in US awaits fate of ship
  • US-listed owner files for Chapter 11 bankruptcy shield
  • Largest ethane carrier set for launch into the market
  • Decision-maker: Patrick Chan, Country Manager, ANL, Timor Leste
  • BW Group orders VLCC pair at DSME, adjusts LNG carrier orders
  • James Fisher acquires specialist diving company Lexmar
  • Coastal Contracts seals JV with Indonesian partner to explore LNG and FSRU opportunities
  • A low-down on drones for dredging
  • Swiber to default on bond
  • Fremantle Port to provide LNG bunkering in Australia
  • Benita sinks on the way to Alang

The Loadstarweb site
AUGUST 1, 2016
  • Shippers demand an end to 'disruptive' container shipping surcharges by 2020
  • Air cargo market gets a lift, but forwarders slam carriers eyeing new surcharges
  • 'Sluggish' container trades drag Japanese shipping lines into the red
  • Rising revenue boosts UPS profits
  • Spying in the Mediterranean?
  • Denis Ilin quits AirBridgeCargo, while Cargolux loses vp flight ops after less than a year

Marine Logweb site
AUGUST 1, 2016
  • U.S.-flag shipping company exec to get whistleblower award
  • Brazilian shipyard delivers Damen PSV 500
  • BAE Mayport books $9.6 million Navy contract
  • MAN to supply engines for more Karadeniz Powerships
  • NASSCO-Norfolk gets $23.4 million CVN-75 award
  • International Shipholding files for Chapter 11

World Wide Shipperweb site
AUGUST 1, 2016
  • Drewry report sees slowdown in container port idustry growth
  • Alaska Airlines to construct new Anchorage maintenance facility
  • Customs inspectors discover new pest in pineapple shipment from Costa Rica
  • Close call has port authority reminding boaters of safety rules
  • Close to $500 million set for eighth round of TIGER grants

Lloyd's Listweb site
AUGUST 1, 2016
  • Precious Shipping net loss widens despite better operating results
    Thai dry bulk operator cancels more newbuilding contracts with Sainty Marine
  • Valencia back on track after lawsuits settled
    Crisis, what crisis? New port authority president Aurelio Martinez pushes ahead expansion plans for Spain's largest container port as terminal operators put aside their differences and start working together
  • Drug smuggling not covered by war risks policies, Court of Appeal rules
    Decision of broad application to insurance contracts, Stephenson Harwood argues in B Atlantic case
  • International Shipholding Corp files for bankruptcy protection
    ISH has secured a debtor-in-possession credit facility worth $16m to finance working capital needs
  • DSME clinches VLCC pair order from BW Group
    Vessels scheduled to be delivered by 2018
  • Singapore port authority revokes AC Oil's bunker licences
    Company no longer allowed to operate as bunker supplier or bunker craft operator in Singapore port
  • Swiber makes court application to be placed under judicial management
    Group seeking to withdraw liquidation and winding up applications
  • Mercator returns to net profit for first quarter
    Coal mining business contributed to bulk of revenue
  • DP World wins deal to operate terminal at Canada's east coast port
    Dubai-based port operator to start running Rodney Container Terminal Operations from January 1, 2017
  • Avic International Maritime inks mega cruiseship design contract
    Project will span four years with delivery scheduled by 2020
  • Long legacies of peril
    Masters should be protected against employers who force them to act against their professional judgement

The Journal of Commerceweb site
AUGUST 1, 2016
  • LTL trucking revenue, volumes drop, but pricing holds
  • Shippers to use lobby and embarrass strategy to end surcharges
  • Santos shipper woes mount as fog again closes harbor
  • Has US truck driver employment peaked?
  • Albany port to expand heavy-lift capacity with TIGER grant
  • Weak demand, currency exchange hurt Nippon Express, Yusen Logistics
  • International Shipholding files for bankruptcy protection
  • Finnlines records best-ever second quarter
  • Liners up idle tonnage to strengthen peak-season pricing
  • DP World expands Canada footprint with Saint John deal
  • Indian state government seeks clarity on neighboring transshipment hubs

TradeWindsweb site
AUGUST 1, 2016
  • Seacor logs $55m loss amid offshore slump
    New York-listed conglomerate sees slump in tanker earnings and larger losses in offshore.
  • CEO: low asset prices led ISH to Chapter 11
    Sales of International Shipholding's non-core assets came in lower than had been envisioned by its strategic plan.
  • Stifel chops target for Capital Product
    Analyst Benjamin Nolan stays bullish on shares but to cuts 60% from price target.
  • Summer slump clobbers aframax spot rates
    Average TCE rate falls 10% today to reach lowest level since October as seasonal pain meets declining South American production.
  • Ineos loads first ethane cargo from US Gulf
    Inaugural voyage sets next stage for development of seaborne ethane trade.
  • Seamec reveals Swiber Holdings exposure
    Indian owner says there is "substantial outstanding" debt from entities owned by Singaporean company.
  • Suezmax boost as Libyan ports reopen
    But JP Morgan analyst offers mixed outlook as gains offset by shorter transits.
  • Ziad Nakhleh resigns from Dryships
    Finance chief at George Economou's bulk carrier owner steps down as the company gets compliance warning.
  • Malta's FSU set for sailaway
    Another piece falls into place for upcoming Mediterranean LNG importer.
  • Veniamis adds Mustang to Golden Union fleet
    Greek owner widely believed to have purchased capesize resale.
  • Precious reveals more sales as loss grows
    Thai owner disposes of two vessels in late July for a total of $2.42m.
  • Costamare confident on final newbuild funds
    Discussions to finance three open newbuildings underway, CFO says.
  • Teekay holders file for possible share sale
    Shelf registration would unwind shares from earlier $100m equity round.
  • Top Ships back in profit in first half
    Fleet growth pushes Evangelos Pistiolis-led products tanker owner back into the black.
  • Rem in standstill agreement with lenders
    Age Remoy-led company postpones debt repayments shortly after shaking hands with Solstad.
  • Costamare upgraded as dividend concern cools
    New York-listed shipowner secures higher rating from JP Morgan.
  • James Fisher in takeover of Lexmar
    London-listed shipowner buys out specialist diving equipment services company.
  • BW Group books VLCC pair at DSME
    South Korean shipbuilder takes year-to-date order haul to close to $1bn with latest deal.
  • ISH voluntarily files for Chapter 11 protection
    Struggling shipowner has also entered into a debtor-in-possession $16m credit facility.
  • Duo look to distance themselves from Swiber
    More firms trying to soothe the frayed nerves of investors about potential fallout from Swiber woes.
  • Swiber defaults on bond payment
    Singapore firm also withdraws plan to windup the company, opting for judicial management.
  • DP World extends Canadian presence with Saint John deal
    Dubai container terminal operator to expand port to serve eastern regions of Canada and US.

American Shipperweb site
AUGUST 1, 2016
  • Eight freight projects win TIGER grants
  • Knight Transportation Q2, first half earnings fall due to excess industry capacity
  • IAG Cargo revenues drop 12% in Q2 2016
  • Red ribbon month at Port of New York/New Jersey
  • Euronav posts decline in profits, revenues
  • Kirby Corp's earnings tumble 32.9% in Q2
  • FMC reviews 6 OTI license applications
  • GRI Roundup: Maersk Line, CMA CGM and Hapag-Lloyd
  • Executive Moves: Integrity Logistics and AirBridgeCargo
  • International Shipholding pursues bankruptcy protection

›››File
FROM THE HOME PAGE
Container traffic at the Port of Los Angeles grew by 19.3% last year
Los Angeles
In the fourth quarter alone the increase was +21.5%
HMM signs agreement with JNPA to collaborate on development of new Indian port at Vadhvan
Seoul
The port will have a container traffic capacity of 23.2 million TEUs
EU customs reform must make trade and business easier
Brussels
23 organizations underline this in a joint statement
Launch in Ancona of the luxury cruise ship Four Seasons I
Trieste
Fincantieri to deliver the unit to Four Seasons Yachts at the end of 2025
Launch event in Brussels of the European Maritime Skills Forum
Brussels
In 2024, the port of Tanger Med handled a record traffic of 10.2 million containers
Anjara
New peaks also in other business segments
South Korea's KSOE wins order to build 12 18,000 TEU containerships
Seoul
HD Hyundai Heavy Industries' turnover increased by +21.1% in 2024
Fire breaks out on the Rospo Mare B oil platform off the coast of Vasto
Rome
There were no injuries or traces of pollution in the sea
Galaxy Leader Sailors Freed
London
Today the 25 crew members left Yemen on board a plane
Contract with Russian company that managed Syrian port of Tartous terminated
Damascus
The agreement included investments of 500 million dollars
Brussels OKs DP World-Arcese Automotive Joint Venture
Brussels
Initially, the activity will be carried out in France and Poland
Royal Caribbean orders sixth Edge-class cruise ship at Chantiers de l'Atlantique
Miami/Saint Nazaire
It will be taken over in 2028
Louis E. Sola is the new chairman of the Federal Maritime Commission
In 2024, ship transits through the Suez Canal decreased by -50%
Ismailia
The total was about 13,200 units compared to over 26,400 in 2023
Uiltrasporti urges to restore measures to support rail freight transport
Rome
Definitive cancellation of the 65 million fund from the Budget Law
The Trump unknown also weighs on the Panama Canal
Washington
While the tycoon dreams of taking it over with weapons in hand, a bill proposes to start negotiations with the Panamanian government
FSG bankruptcy trustees announce interest from multiple investors in shipbuilding group
Rendsburg/Flensburg
These are German companies operating in the same sector
Port of Long Beach closes 2024 with new annual, half-year and quarterly container traffic records
Long Beach
Total freight traffic also reached a new historical peak during the year.
The Biden administration's latest move is to accuse China of seeking dominance in the maritime, logistics and shipbuilding sectors
Washington/Beijing
Harsh reaction from Beijing's Ministry of Commerce and the China Shipyards Association
The AdSP of the Central Tyrrhenian Sea confirms the commitments made towards its employees
Naples
The organization hopes "that a climate of relaxation can be restored"
Uniport, exemption from compulsory insurance for vehicles used in port terminals is a good thing
Rome
Hanoi government authorizes initial investment for new port planned by MSC and VMC
Hanoi
Vietnam Port Development Plan to 2030 Approved
Filt, Fit and Uilt announce a resumption of the strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
New protest action scheduled to start on February 3rd
Annual container traffic at PSA port terminals exceeds 100 million TEU for the first time
Singapore
Record in both Singapore and overseas terminals
Confitarma calls for the urgent reinstatement of the rule on simplified recruitment of seafarers
Rome
Sisto: Simplification has proven to be an important step forward for the sector
Sharp drop of -17.1% in freight traffic in the port of Taranto in 2024
Taranto
In the last quarter alone the decline was -3.0%
Container traffic in Hong Kong port decreased by -4.9% in 2024
Hong Kong
In the fourth quarter alone, 3.5 million TEUs were handled (-2.7%)
New NATO mission to strengthen protection of undersea infrastructure in the Baltic Sea
Mons
The use of a small fleet of naval drones is also planned
In 2024, the port terminals of China's CMPort handled a record container traffic
Hong Kong
The total was 146.3 million TEU (+6.4%)
Yang Ming also renews service between Western Mediterranean and US East Coast
Keelung
In Italy stopovers in Salerno, La Spezia, Genoa and Vado Ligure
Twelve associations call for agreeing on measures to improve rail capacity management in the EU
Brussels
Genoa Port Terminal, green light for provisional concession until next June 30
Genoa
The Management Committee of the Western Ligurian Sea Port Authority has unanimously decided this
In 2024, passenger traffic managed in Genoa by Stazioni Marittime decreased by -4.4%
Genoa
Ferries stable and cruises down -9.8%. Cruise activity expected to increase in 2025
CMA CGM to remove Livorno calls from Amerigo service, replacing them with calls at Salerno
Marseille
New configuration in line with that of the Ocean Alliance partners
From April, Ocean Alliance ships will call at seven Italian ports, four of which will be visited only by COSCO/OOCL
Shanghai/Hong Kong/Taipei/Marseille
Salerno will enter and Livorno will exit the new configuration of the containerized maritime services network
Leonidsport (Louis-Dreyfus family) submits offer to acquire 21% of Thessaloniki Port Authority
Athens
The expected investment is up to approximately 57 million euros
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
The unions confirm the three-day strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
The protest action is scheduled for January 31, February 3 and 4.
Rolls-Royce wins record contract for Royal Navy submarine fleet
London
Eight-year, £9bn contract
Transported, the DURC in road transport is used to avoid paying for services
Rome
The rules - the association denounces - are openly violated by the clients
Kombiverkehr restores rail link between Lübeck port and Verona
Frankfurt am Main
Schedule two departures per week in both directions
AD Ports signs deal to build logistics park at Alexandria Port
Cairo
The business will be developed with the Holding Company for Maritime and Land Transport
The Panama Canal is and will continue to be Panamanian
Davos
This was underlined by the president of the Central American nation, José Raúl Mulino
Autamarocchi acquires control of Dissegna Logistics
Trieste
The Rossano Veneto company operates in the intermodal transport sector
Rubboli (Assologistica): Italian ports need more efficient and coordinated governance
Milan
Port of Ravenna, incentives for the purchase of "green" port vehicles
Ravenna
Maximum ceiling of 300,000 euros for each beneficiary
20% of Omani Asyad Shipping Company's capital up for sale
Muscat
Listing on Muscat Stock Exchange expected
Order to Circle for the management of data relating to rail and intermodal traffic of a port
Milan
ANSFISA adopts guidelines for the assessment and risk management of the rail transport of dangerous goods
Rome
Over 217 kilos of cocaine seized in the port of Livorno
Leghorn
They were hidden in a container containing wood from South America
Merlo leaves the presidency of Federlogistica to Davide Falteri
Rome
Logistics - he underlined - is one of the drivers of the national economic system
Germany is studying a network of floating terminals for the import of clean hydrogen
Berlin
Memorandum of understanding signed by SEFE and Höegh Evi
The executive design service for the reclamation of the Molo Italia seabed in La Spezia has been awarded
The Spice
Fratelli Cosulich orders fourth methanol-ready unit
Genoa
It will be built by Taizhou Maple Leaf Shipbuilding
In Spain, a logistics network for rail transport of biofuel to ports is being studied
Madrid
Agreement between Adif and the Exolum Group
MSC Interested in Starting Shipbuilding and Repair Business in India
Gurgaon
Comparison with the naval engineering company Swan Defence And Heavy Industries
Luka Koper has ordered four new rubber-tyred gantry cranes from Konecranes
Coper
They will be the first vehicles powered exclusively by electricity at the Slovenian airport
LNG and bio-LNG bunkering vessel arriving at the port of Genoa
Genoa
It will be able to provide both "ship-to-ship" and "ship-to-truck" services
Last year, cargo traffic in Russian ports decreased by -2.3%
St. Petersburg
The largest volume of cargo, exports, fell by -1.9%
Höegh Autoliners secures two multi-year contracts for car transport
Oslo
Agreements with two car manufacturers with which it has been collaborating for years
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Malta sees record cruise traffic in 2024
Florian
357 ships docked for a total of over 940 thousand passengers
Cavotec to provide electrification systems and technologies for Italian ports
Lugano
Three orders worth a total of seven million euros acquired
Pirate attacks on ships decreased by -3% last year
London
In the last quarter, an increase of +76% was recorded
COSCO Shipping Ports Sets New Annual and Quarterly Container Traffic Records
Hong Kong
In the whole of 2024, 111.9 million TEUs were handled (+5.7%)
Alberto Maestrini (VARD) elected President of SEA Europe
Brussels
The association represents the European shipbuilding industry
Molo Brin areas in Olbia handed over to Quay Royal
Construction of a marina for mega yachts is planned
Port of Singapore Sets New Container and Non-Oil Bulk Records in 2024
Singapore
The Asian port handled a total of 622.7 million tonnes of goods (+5.2%)
The Italian Maritime Academy Technologies has acquired a new technical headquarters
Castel Volturno
Includes a 37-meter, 100-ton command bridge with 1:1 scale operating environments
A huge load of 110 kilograms of cocaine seized in the port of Gioia Tauro
Reggio Calabria
If placed on the market, it could have earned criminal organizations 20 million euros
Unifeeder triples its market share of intra-Mediterranean container services
Dubai
Fincantieri Completes Acquisition of Leonardo's Underwater UAS Business
Trieste
The 287 million euro fixed component of the purchase price was paid today
Wallenius Wilhelmsen to operate ro-ro terminal at Port of Gothenburg
Oslo/Gothenburg
12-year concession contract
The Bulgarian Shipowners' Association has joined the European Community Shipowners' Associations
Brussels
BSA is the twenty-second member of the European Shipowners' Association
Strike by Central Tyrrhenian Sea Port Authority staff suspended
Naples
The meeting between the unions and the general secretary of the port authority was a success
Mercitalia Rail begins rail transport from Reggio Calabria of trains for the Milan Metro
Reggio Calabria
They are approximately 106 metres long and weigh over 180 tonnes.
PSA Venice - Vecon achieves gender equality certification
Genoa
It is the first Italian container terminal to obtain the certification
Maria Teresa Di Matteo, head of the Department for Transport and Navigation, has passed away
Rome/Gioia Tauro
Mattioli: it was an important point of reference for the entire Italian maritime cluster
Green logistics, the Northern Tyrrhenian Sea Port Authority extends the deadline for the tender
Leghorn
It awards non-repayable grants up to a maximum amount of 300,000 euros
Medcenter Container Terminal orders 20 new hybrid struddle carriers from Kalmar
Helsinki
They will be delivered within the first quarter of 2026
The intermodal service connecting the Italian terminal of Melzo with the Dutch one of Moerdijk has started
Melzo
Three weekly circulations operated, which will increase to four from April
COSCO expects to close 2024 with +95% growth in net profit
Shanghai
EBIT expected at 69.9 billion yuan (+90.7%)
Catania-based F.lli Di Martino has acquired 160 new loading units produced by Piedmont-based SICOM
Cherasco
This year the Cherasco company celebrates 50 years since its foundation
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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Kuwait approves Chinese company for port operations
(AGBI - Arabian Gulf Business Insight)
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Uiltrasporti Campania accuses the heads of the AdSP of the Central Tyrrhenian Sea of having assumed a provocative and totally closed attitude
Naples
Attempt - the union denounces - to downplay the real reasons for the strike
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
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