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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:35 GMT+1
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BRIEFS
May 5, 2016
Sched Netweb site
  • Raft of rate hikes, special charges from CMA CGM from mid-May
  • Shanghai port Q1 profit off 18.9pc to US$188 million, revenues fall 4.3pc
  • Westports quarterly profit up 42pc to US$43.7 million as sales rise 16.8pc
  • Crane boom hits Cosco 13,100-TEUer, sets ship ablaze on leaving Port Said
  • Hanjin pleads for its life with charterers, port operators for debt relief
  • Study raises safety concerns over Panama Canal's new locks
  • Ocean Alliance set to be biggest in Asia-Europe and transpacific trades
  • First woman elected to Kuehne + Nagel board from Deutsche Borse
  • Lack of facilities - yards, berths - slow Mindanao's shipping development
  • TIACA welcomes glitch removal from EU's Delegated Act for Customs
  • Port of Seattle issues citizens' call to help it limit emissions
  • DHL trendicator report long on generalities but short on specifics
  • Ethiopian Airlines Cargo dethrones SAA Cargo as top African cargo carrier
  • IAG Cargo's quarterly revenue decline hit by challenging market conditions
  • Lufthansa hit with US$9.2 million quarterly net loss as sales fall 0.8pc
  • Air France-KLM-Martinair Cargo obtains IATA CEIV pharma certs

Exim Indiaweb site
MAY 4, 2016
  • 'Make in India' to augment shipbuilding volumes
  • FFFAI holds Executive Committee meet in Mundra
  • APM Terminals CEO stresses on investment, consolidation & rationalisation in port industry
  • DP World Chennai enhances infrastructure to eliminate congestion at Chennai Port
  • Sagarmala identifies 150 projects & huge employment potential
  • DICT is proficiently handling about 100 varied commodities
  • Projections of the Economic Survey 2015-16 - II

International Transport Journalweb site
  • Nine instead of seven tracks
  • New office for Cory Bros
  • Longer freight trains now running in Sweden
  • Chinese LNG carrier for MOL on track
  • Integrity Logistics welcomes new president
  • Cathay Pacific steps up nonstop HKG-Boston service
  • Transmec supporting Primark
  • United accepts Envirotainer RAP e2
  • Honours abound for safety conscious shippers
  • Port of Switzerland on firm ground in Q1/2016
  • Big Easy port boss to retire
  • Luck of the draw for maiden transit
  • Meyer & Meyer hives off truck fleet
  • Hallmark appoints senior VP supply chain
  • Q1: more tolls from HGVs in Germany
  • AA switches aircraft on Chicago - Dublin route
  • Warehousing for toys

IHS Maritimeweb site
MAY 4, 2016
  • Greens seek more oversight of Port Everglades deepening
  • Oil price slump hits risk management firms
  • D'Amico stays bullish despite Q1 profit dip
  • Maersk chief says lines excluded from new alliance will need to join forces
  • Panama pares down bidders for Corozal container terminal
  • Slideshow: Maersk group results in pictures
  • Hague tribunal orders India to let Enrica Lexie marine return to Italy
  • MISC denies TH Heavy Engineering acquisition reports
  • A P Møller-Mærsk repeats warning of weaker 2016 after first-quarter profit plunge
  • Banks approve Hanjin Shipping's voluntary restructuring
  • Banks want more self-help from South Korea's Big Three yards
  • FSRU considered for Singapore
  • HMM quiet on charter reduction deal
  • Taiwan to redefine ships' distance from shore following TS Taipei grounding
  • Seafarer lost overboard off Australian coast
  • APM Terminals sees first quarter fall in profit, revenue and throughput
  • Dalian port profit down 7% y/y in 2015
  • Maersk Line profit collapses 95% in first quarter
  • Maersk Tankers stays in profit despite volatile market
  • Maersk Drilling 1Q16 profit rises
  • Maersk Oil raises 2016 forecast to break even on cost cuts
  • Franbo Lines takes delivery of 16,500 dwt bulk carrier
  • Cancelled orders put Yangzijiang under pressure

The Loadstarweb site
MAY 4, 2016
  • Better results in Q1, but CEVA is burning $1.4m a day as debt grows
  • Maersk Line sails back into the black as cost-cutting compensates for drop in revenue
  • Hanjin's debt restructure plan accepted, but the conditions are challenging
  • Brazil's Viracopos Airport aims high and looks to higher-value cargo to rebuild momentum
  • A few bright spots in a slow air cargo market
  • Target gets tough with vendors to speed up supply chain
  • Mike Hill moves up to become head of freight at Air Partner

Marine Logweb site
MAY 4, 2016
  • Bollinger wins FRC contract worth potential $1.42 billion
  • Matson reports first quarter results
  • Harley Marine starts construction of two more tractor tugs
  • High performance tractor tug meets Tier IV requirements
  • CBP issues two Jones Act rulings
  • Dennis Brewster joins C&C Marine
  • New Alfa Laval HCO filter set for validation testing
  • HOS flagship MPSVs feature advanced GE solutions

World Wide Shipperweb site
MAY 4, 2016
  • Todd Coleman leaving post as Port of Vancouver CEO
  • Port of Portland schedules Portland Airport job fair
  • Maersk Line taps Hahnemann as human resources boss
  • Port of Port Angeles seeking candidates for executive director
  • Coast Guard calls for public comment on Admiralty Inlet waterways analysis

Lloyd's Listweb site
MAY 4, 2016
  • D'Amico profit dips on expected volatility
    Milan-listed product tanker company forecasts a good 2016 for profits despite dip from 2015, with new trade dynamics helping
  • Results round-up
    Danish containershipping bellwether unveils poor start to 2016
  • RBS suffers £226m in shipping impairments
    Shipping portfolio shrinks but non-performing loans swell in first quarter
  • Panamax bulker rates slump amid limited activity
    Long tonnage list continues to weigh on market
  • Don't pass me by
    With its second container terminal set to open later this year, Liverpool will be hoping the recent return of Maersk Line is only the start as the port looks to become a northern gateway to the UK
  • Warm weather dulls Norden handysize tankers results
    Softening of fuel oil trade out of Russia and warm weather blamed for decline in tanker division
  • Revenue decline continues at Bourbon
    Utilisation and rates slide as offshore downturn continues
  • APMT profits plunge 43%
    Terminal operator downgrades full-year forecast as weak demand and the low oil price takes their toll
  • BP resets the balance
    Energy major has started to take delivery of vessels from its massive newbuilding programme
  • Brexit: are you in or out?
    It is time for the UK maritime sector to pin its colours to the mast when it comes to membership of the European Union?
  • DSME and Samsung Heavy Industries return to net profit for first quarter of 2016
    South Korean shipbuilders undergoing restructuring
  • Shipowners' reports sixth consecutive underwriting surplus
    Financial statements prepared for a shortened period of February 20, 2015 to December 31, 2015
  • Hanjin Shipping gets bank approval for restructuring
    Korean carrier says restructuring deal to speed up efforts to normalise its business
  • Shippers welcome USCG equivalency determination
    Existing equipment and regulations will suffice for container weighing
  • Singapore to boost marine engineers
    Move to help address shortage follows consultations with shipping companies
  • First quarter is worst seen in modern dry bulk history, says Greenship Bulk
    But signs of demand recovery seen in early March
  • Eight carriers mull 'third force' shipping alliance
    Unequal distribution of ultra large ships may prompt broad multi-carrier pact
  • Maersk Line profit wiped out in first quarter as freight rates crash to record lows
    Update: Group chief executive Nils Andersen says smaller players will need a radical re-think if they are to have a future as bigger, more resilient lines build powerful alliances
  • Saipem and partners clinch $1.5bn subsea services contract
    Shah Deniz contract valid for five years with potential additional five-year extension
  • Keppel Offshore & Marine acquires Cameron International's offshore rig division
    Acquisition designed to complement current business

The Journal of Commerceweb site
MAY 4, 2016
  • NY-NJ, Oakland container terminals forced to seek longer gate hours
  • Creditors OK Hanjin debt restructuring
  • Damco 'turnaround' momentum accelerates
  • More class-action complaints filed with FMC against ro-ro lines
  • Santos slogs through backlog after closure
  • Commodities weakness pulls down APMT earnings, volume
  • DP World sets SOLAS fees for Jebel Ali, UAE
  • JNPT shippers face new charges for truck traffic
  • XPO latest LTL carrier to profit past lower volume, revenue
  • Maersk: Carriers shut out of Ocean Alliance need to form new group
  • Weak rates bring Maersk Line's first-quarter profit tumbling down

TradeWindsweb site
MAY 4, 2016
  • Matson Q1 profit falls on weak China
    Trans-Pacific shipping firm sees better results in US-flagged business segments.
  • Hornbeck falls, but loss less than feared
    Offshore vessel owner slumps into the red in the first quarter and sells last non-core OSV.
  • BlueMountain Capital trims holding in OSG
    New York-investment firm's stake in New York tanker giant dips to 15.6% from 17.8%.
  • Analyst sees MLPs returning for cash
    Teekay Offshore likely candidate as Wells Fargo's Webber predicts first equity raise this quarter.
  • 'Teapots' losing steam in the near-term
    Tanker demand may cool as small Chinese refiners taper buying.
  • Seaport Global takes shine to tankers
    Analyst Magnus Fyhr places 'buy' tags on string of owners.
  • DCIX starts low with MSC charter
    Greek owner takes big rate reduction for post-panamax, but options will be more lucrative.
  • Coverage and renewal on DIS to-do list
    Marco Fiori says it's in the company's nature to raise charter coverage in strong market.
  • Crewman lost from Japanese capesize
    Search fails to find seafarer who fell from Shunzan Kaiun bulker off Pilbara.
  • Ardmore makes more in first quarter
    New York-listed owner makes the most of bigger tanker fleet to 31 March.
  • POSH improves first quarter earnings
    Singaporean owner's efforts to diversify bear fruit in the first three months of 2016.
  • DSME disappoints as it posts Q1 loss
    Korean yard's boss Jung Sung-leep fails to keep promise on return to profit.
  • Six new shipping partners promoted at WFW
    Law firm acts to reward maritime expertise in London, Singapore, Athens and Hamburg.
  • Hanjin Shipping creditors okay restructuring
    Korean owner will now seek to negotiate charter cuts to secure debt relief.
  • Norden swaps away from cape newbuild
    Owner takes in three supramaxes to release itself from 10-year capesize newbuilding charter.
  • Maersk first quarter profit takes a hit
    Danish owner kicks off 2016 by making less with Maersk Line profit down 85.7%.
  • Indian shipyards win special status
    Financing costs to fall as government classes shipbuilders as 'infrastructure'.
  • SeaBird Exploration profit falls in Q1
    Norwegian-listed seismic player finds it tough going in challenging conditions.
  • RBS first quarter loan losses soar to $545m
    Lender's bad bank expects disposal losses of $2.2bn through to 2019 as shipping slump continues.
  • Bourbon suffers weaker start to 2016
    French offshore shipowner saw vessel utilisation fall below 70% in first three months of the year.
  • Liner giants to battle for Panama Canal's Corozal Port
    AP Moller-Maersk, MSC and CMA CGM port arms and PSA in the running for Pacific coast facility.

American Shipperweb site
MAY 4, 2016
  • NOAA: PortMiami dredging project severely damaged coral reef
  • Expeditors Q1 earnings dip 9.5 % amid challenging market environment
  • CEVA narrows Q1 loss despite revenue decline
  • Hanjin lenders agree to restructuring deal
  • Oceania retailer to use LLamasoft for supply chain modeling
  • FMC convenes Supply Chain Innovation Team
  • Freight marketplace Haven nabs $11m in new funding
  • XPO takes another loss, but grows pre-tax income in Q1 2016

The Bunker Bulletinweb site
MAY 4, 2016
  • Rotterdam 380 CST falls back below $200/mt
    Volatile crude values dragged down bunker prices.
  • Limited supply of distillate bunkers at Augusta: sources
    Resupply dates unclear.
  • Four port operators in running to build Panama's Corozal Container Terminal
    Seven companies took part in the pre-qualition process.
  • Chile approves expansion of Quintero LNG terminal
    Power generators Colbun and AES Gener could take 1.65 million cu m/d and 1.45 million cu m/d of capacity, respectively, when the expansion comes onstream in 2020.
  • IFO 380 CST 3.5% at Valparaiso reaches highest level in nearly six months
    Market sources said the price hike was due to a $31/mt fuel oil price increase from oil refiner ENAP during the second half of April, tracking stronger international crude prices.

›››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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