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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:29 GMT+1
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BRIEFS
July 4, 2016
Sched Netweb site
  • A-E surges 99.8pc to US$1,206/TEU, up 50pc to Med and 61pc to USWC
  • Maersk to accept US Coast Guard VGM acceptance standard in US
  • S'pore minister fears crisis in July 12 Hague ruling on South China Seas
  • Service reliability of ocean carriers hits six-month high: Drewry
  • New assignments for 13,000-TEU vessels as US demand slumps
  • Ex-DHL forwarding chief among backers in French freight tracker scheme
  • CMA CGM levies US$225/TEU Zanzibar congestion surcharge
  • Brexit to have little direct impact on container sector: Alphaliner
  • Xeneta sees no silver lining for container shipping in Brexit storm
  • Impact of Brexit vote likely to be muted, but harder on box ships
  • Cargolux CEO steps down after 'losing support' of powers that be
  • Asia Pacific airlines's cargo falls 0.7pc in May, says AAPA
  • Quebec subsidy firms up US$1 billion Bombardier C Series investment

Exim Indiaweb site
JULY 3, 2016
  • Asian Shipping & Logistics successfully handles ODC shipment at Mundra Adani Terminal
  • BIMCO launches new standard agreements for novation of shipping contracts
  • Boxship demolition up this year
  • CMA CGM crosses 91.05 pc ownership threshold of NOL
  • Demand outlook for multipurpose shipping seen taking time to improve
  • Enclosed space ship safety rule enters into force
  • New Singapore-Calcutta service launched
  • Nexus Logistics commences full-fledged operations in Hazira
  • NYK vessel first to make commercial transit through expanded Panama Canal
  • Role of merchant seafarers in migrant rescues highlighted on day of the seafarer
  • Sanjiv Potnis is the new Chairman of BOFBA
  • UASC concludes fully compliant VGM lift ahead of deadline
  • Barley imports seen rising
  • Brexit could impact engineering exports, says EEPC
  • Chinese steel may face anti-dumping levy
  • More import of pulses on the anvil
  • Logistics Data Bank service commences at JN Port
  • Major focus on port-rail connectivity projects under Sagarmala Programme
  • PSA launches Living Lab for port & logistics industry
  • US Consulate official visits Kandla Port
  • IPRCL SPV to develop coal rail corridor connecting Paradip Port
  • Pradip Kumar Agrawal takes charge as Director (Domestic Division), CONCOR
  • RITES exports modern passenger coaches to Bangladesh
  • Forex reserves fall by $ 3.03 bn to $ 360.79 bn

International Transport Journalweb site
  • New alliances chose Malta
  • Turkish Cargo continues active container offer
  • Australia: fund to fix NSW truck washing facilities
  • Two more widebody stands at Zurich airport
  • Major changes for CMC
  • Rhenus takes over Loomis
  • Samskip looks to floor its rivals
  • STM picks new president
  • Maiden award for Auckland
  • Plus Ultra sets long-haul schedules
  • Petit Forestier scoops up Fraikin
  • Extending network to Hungary and Greece
  • Spedlogswiss re-elects De Courten
  • Eco Ports network enlarged
  • More South but less West Africa with Emirates
  • New office near Madrid airport
  • Compass lures John P. Martin away from Agility
  • Another M for 2M?
  • Contargo hatches out new rail company
  • Ethiopian welcomes A350 with massive changes
  • German cargo carrier says "Buongiorno"

IHS Maritimeweb site
JULY 1, 2016
  • European port survey reveals further decline in banned ships
  • Tanjung Pelepas to double capacity by 2030
  • HMM delays bulker delivery
  • South Korean shipbuilding interests call for government to back vessel orders
  • Ezion Holdings-Sinotrans & CSC Holdings set up offshore windfarm JV
  • Expansion to take Montreal's capacity above 3 million teu
  • New marine insurer launches on fixed price pledge
  • Container spot rates on Asia-Europe trade rise almost 80%

The Loadstarweb site
JULY 1, 2016
  • Smoother sailing for container lines, but bad news for shippers as peak season rates rocket
  • Shock as Olivier Bijaoui quits WFS just a year on from Platinum deal
  • Shippers get smart as use of container tracking devices on a per-trip basis soars
  • Brexit and shipping: the FAQs
  • Cosco Greece labels Piraeus port sale terms inconsistent
  • HNA's Spanish troubles a lesson for all Chinese firms going global
  • Mallory Alexander appoints Claudio Onoforio to global business development role

World Wide Shipperweb site
JULY 1, 2016
  • PenAir to begin flights from Portland to Klamath Falls
  • Diana Shipping Oks charter of Ice Class Panamax vessel
  • Department of Homeland Security awards $275 million in preparedness grants
  • Senate confirms three nominees to Federal Maritime Commission posts
  • General Dynamics NASSCO nets Navy fleet oiler contract

Lloyd's Listweb site
JULY 1, 2016
  • Scorpio Tankers buys low
    Latest stock repurchases at historically low levels
  • Box weighing takes off with little drama
    Update: Some issues reported in Asia export hubs, smooth introduction at others, no early disruption in the US
  • Teekay Group leaves dividends unchanged
    Dividends remain stable as group taps debt and capital markets to fund fleet growth
  • New Colombian port ships first boxes
    Full operations scheduled by end of year, including oil and products
  • Gorgon LNG cargo on track despite gas leak, Chevron says
    Workers in the area are evacuated as Marib Spirit arrives to load cargo
  • Ethane is huge opportunity, says Navigator Gas
    Ships required to carry ethane but owners need to be prudent
  • HSH Nordbank offloads $5.6bn of bad shipping debt on taxpayers
    Further disposals on market due for 2017
  • BP bucks trend with new LNG final investment decision
    Indonesia project construction to begin after contract awards in third quarter 2016
  • Capes regain optimism
    Spot rates surge to more than five-week high with gains in all major trades
  • Lloyd's in talks to maintain EU licences on Brexit
    Corporation says 4% of premium at risk from exit
  • LNG shipping alters its focus on raising cash
    Financing takes on a new shape as the industry transforms, Informa's LNG shipping conference is told
  • Yard Talk | Global price wars loom
    Brexit could bolster hungry Chinese yards' competitiveness by weakening the yuan
  • Norden's head of dry cargo resigns
    Update: Ejner Bonderup to become chief executive of XO Shipping
  • Product tankers must lock in time charters before rates collapse, says BIMCO analyst
    Fleet growth and deceleration in product stock building are weighing on rates
  • IACS names Sun Licheng as chairman
    Dr Sun is the chairman and president of the China Classification Society.
  • Sinotrans & CSC teams up with Ezion to tap China's offshore windpower market
    Chinese power giant China Huadian Corp to support joint venture's projects
  • Brightoil Petroleum unit terminates purchase of 10 bunker barges
    Brightoil will buy additional bunker barges at a more moderate pace
  • Gener8 Maritime secures financing for two more VLCCs
    US-listed Gener8 amends existing loan facility to fund its newbuilding programme in China

The Journal of Commerceweb site
JULY 1, 2016
  • Can technology, partnerships keep small LTL truckers rolling?
  • Oakland fee to pay for night gates wins acceptance
  • US exporters sail through first day of new SOLAS rule
  • Global SOLAS disruption minimal, but shipper frustration over fees intensifies
  • New Brazil government hungry for infrastructure investment
  • Eastbound trans-Pacific spot rates jump at highest clip in months
  • European rail operators target port connections to regain market share
  • No SOLAS disruption reported at major European ports
  • India rolls out SOLAS without trouble
  • E-commerce drives growth in distribution center rents
  • Asia-Europe spot rates soar as GRIs take hold

TradeWindsweb site
JULY 1, 2016
  • APM gets full control of Aarhus port
    Lehmann family presence in Danish industry ends with the disposal of its 40% stake to Maersk Group.
  • Kidnapped tug crew safe
    Indonesian men being held in the Philippines after latest pirate attack.
  • Shipping stocks avoid Brexit bloodbath
    DryShips hardest hit in days since referendum but overall damage has been relatively minor, figures show.
  • Geden in Trafigura charter dispute
    Commodity giant could stop paying Turkish chemical tanker owner due to outstanding debt.
  • Creditors call for DSME/Samsung merger
    Bank official cited as saying big three must become big two to resist crisis.
  • DNB Markets boosts Golar LNG rating
    Analysts upgrade company to buy following formation of Golar Power.
  • Indian court okays GOL assets sale again
    DVB Bank gets second order to dispose of six anchor-handlers in order to recover unpaid dues.
  • Fesco boxship held in Hong Kong
    Russian owner's vessel found to have fire door modified by crew.
  • Russian maritime agency sues USC yard group
    Law suit launched over delays to icebreaker Victor Chernomyrdin.
  • Fesco boxship held in Kong Kong
    Russian owner's vessel found to have fire door modified by crew.
  • Libya holds tanker in smuggling probe
    Nigeria's Temeteron detained off Zawia with diesel cargo.
  • UK Club: kidnappers more sophisticated
    Insurer sees rise of kidnap activity in the Gulf of Guinea and notes it will not disappear soon.
  • Euronav in post-Brexit vote buyback
    Tanker owner moves on falling share price following referendum outcome to top up on stock.
  • Siem wins long-term Canadian contracts
    ExxonMobil hires two ships owned by Oslo-listed company for the Sable project off Nova Scotia.
  • Hellenic Carriers offer declared unconditional
    Faith Holdings wins 70% backing for buy-out of delisting Greek owner.
  • Big Korean yards to miss out on state aid?
    $650m emergency fund could bypass HHI, Samsung and DSME unless unions accept restructuring plans.
  • EU probes grant linked to CAMED yard
    Commission investigates whether $49m awarded to Port of Naples breached aid rules.
  • SCF bags Prisco tanker fleet
    Russian state owner nets nine ice-class ships from bankrupt compatriot in auction.
  • Subsea 7 snaps up more bonds
    Norwegian owner's buyback hits $234m with latest deal.
  • Panamax boxship demolition levels triple in 2016
    But shipping association Bimco says that "more needs to be done to lift the charter market".
  • Ezion proposes heavily discounted rights issue
    Singapore-listed company says proceeds used to upgrade fleet and boost operational flexibility.
  • Sinotrans & CSC enters offshore wind market
    Chinese shipowner teams with Singapore company to target turbine installation market.
  • Singapore's Universal Terminal seals five year loan
    Proceeds to contribute towards acquisition of a terminal from its parent company.
  • Aberdeen Asset Management trims Keppel stake
    UK investment firm ceases to be a substantial shareholder in Singapore-listed shipyard group.

American Shipperweb site
JULY 1, 2016
  • Former Maryland congresswoman says health has improved
  • Drewry: Container carrier service reliability reaches six-month high
  • Global Shippers' Forum complains of 'unjustified VGM charges'
  • APMT to acquire full ownership of terminal in Aarhus
  • 3PLs say they are ready to handle VGM filings for shippers

The Bunker Bulletinweb site
JULY 1, 2016
  • Hong Kong to align with China's marine fuel sulfur emissions control plan: report
    Starting January 1, 2019.
  • FACTBOX: Asia Q3 oil products outlook and factors to watch
  • OIL Q2: Rotterdam sets the tone as volatile crude leads to mixed trends in bunker markets
  • Singapore Q3/Q4 HSFO market structure strengthens to 15-month high on lower supply
    On expectations of lower-than-average volumes of western arbitrage FO.
  • S Korea bunker fuel May consumption rose 45% on year to 3.4 m barrels
    Stronger demand for power generation, and lower prices.
  • Two-day crude rally halted with focus on fundamentals
    Prompt NYMEX crude had gained $3.55 in the previous two trading sessions
  • US DATA: EIA says residual fuel oil exports to Panama in April drop to nearly six-year low
    Compared with March, US exports of that product fell 66% from 406,000 barrels, EIA data showed.

›››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%)
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
COMPANIES
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
COMPANIES
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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