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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
14:08 GMT+1
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BRIEFS
July 5, 2016
Sched Netweb site
  • MOL hikes Asia-east coast South America rate US$750/TEU July 15
  • UASC shareholders sign over all, only formalities left in Hapag deal
  • Vietnam grabs market share from Asian rivals in European trade
  • Huangpu Wenchong yard wins 4 dual-fuel box ships orders from Europe
  • Huge destocking of European inventories slowed box volumes 4pc
  • Port of Virginia's throughput increases 4.8pc to 219,398 TEU
  • US mulls 2-man rail crews while researching driverless trucks
  • Mideast gas exporters face new risks from Panama Canal expansion
  • Hapag-Lloyd CEO to address Sept 13 Hamburg meet after UASC buyout
  • Brexit may serve tankers well, but uncertainty will dog other trades
  • Slipping sub-Saharan non-oil exports to US tripled over 16 years
  • Bahamas Customs fees and fines risk general air freight boycott
  • Brexit vote stalls London area airport expansion decision yet again
  • DB Schenker signs high-tech uShip to take on freight brokerage job

Exim Indiaweb site
JULY 4, 2016
  • Allcargo Logistics announces appointment of Adarsh Hegde as Joint Managing Director
  • APM Terminals to acquire full ownership of APM Terminals-Aarhus
  • BTL appoints agency partner in Iran
  • Coastal shipping of coal getting impetus under Sagarmala
  • Container shipping industry to benefit from harmonised interchange inspection criteria
  • DP World Group Chairman & CEO rings market opening bell to celebrate listing of $ 1.2 bn Sukuk on Nasdaq Dubai
  • FMC allows flexible implementation of SOLAS mandatory VGM requirement at six US ports
  • Hamburg Süd honoured as Top Ranked Carrier 2016
  • Jamaica develops SOLAS container weighing rule guidelines
  • Massive surge in SCFI freight rates
  • MOL vessel first Neo-Panamax containership to commercially transit expanded Panama Canal
  • Slow growth in shipping fleet seen reducing officer shortage
  • Steel/TMT bars moved from Kolkata to Agartala (via Ashuganj) through inland waterways & Indo-Bangladesh Protocol Route
  • Coir products exports looking up
  • JNPCT & JN Port as a whole show improved performance in June 2016 & Q1 2016-17
  • Development of Multimodal Logistics Parks under Sagarmala seen benefiting containerised cargo movement in India
  • Gati Kausar launches temperature-controlled warehouse near Delhi
  • Growing e-commerce to invest $8 bn in infra, logistics: ASSOCHAM study
  • Essar Steel India records 48 pc growth in flat steel production in Q1
  • GMR Infrastructure announces stake sale in transmission projects to Adani Transmission
  • Post-Brexit, Sri Lanka mulling expediting ETCA with India
  • Tariff value of various products revised
  • Two dozen textile parks planned

International Transport Journalweb site
  • American Club elects new Director
  • New partner in Ruhr basin
  • Road One appointee to raise intermodal safety
  • Splurging out on tank container fleet
  • WDA for IJS Global Gefco UK
  • New container processing platform in Tuticorin
  • Executive quartet for DB Schenker Americas
  • Virgin Atlantic tries to catch Nigerian cargo with GSA
  • From one wrinkle smoother to another
  • Honeywell to acquire Intelligrated
  • Freight railway sets up own forwarding company
  • Shippers fear rising costs due to VGM regulations
  • Chapman Freeborn reinforces OBC business in India
  • Freight exchange wins award
  • Georgia - part of the new Silk Road
  • Second MD for Grimaldi Germany
  • One owner only for Aarhus terminal
  • Royal Brunei touches down in Zhengzhou

IHS Maritimeweb site
JULY 4, 2016
  • Marine trials begin at Liverpool2
  • BigLift Shipping continues fleet development
  • Clarksons issues profit warning on weak markets and uncertainty, shares fall
  • Faith Holdings' offer for Hellenic Carriers becomes unconditional
  • Majority of Farstad's lenders agree three-month standstill
  • KAMCO provides USD106 million to refinance bulker purchases
  • Apparel trade drives South Asia transhipment patterns
  • HMM to become top Far East-Middle East carrier
  • Ezra Holdings finds buyer for FPSO
  • India pours billions into port-rail connections
  • HHI explains 'emergency situation' to staff
  • Brightoil subsidiary terminates acquisition of 10 bunker barges
  • Wisdom Marine orders two Aframax tankers
  • New name, business for CSCL

The Loadstarweb site
JULY 4, 2016
  • Shippers slam forwarders and carriers 'exploiting' VGM rule to add more fees
  • South Asia the star performer in a sluggish first quarter for container ports
  • World's biggest air freight forwarders see volumes fall 3% this year - smaller players do better
  • Analysis: Brexit may throw up a few challenges for 'lean and mean' DFDS
  • The Northern Powerhouse is ship-shaped in Liverpool
  • Carlsberg to close UK distribution arm with loss of 1,000 jobs as DHL steps in
  • RiverOak sees a future for Manston in freight

Lloyd's Listweb site
JULY 4, 2016
  • Aronnax: The digital gravy train
    Wärtsilä's acquistion of Eniram was a matter of when, not if, yet there are still questions to be answered on data
  • Sovcomflot affiliates return to legal battle with Nikitin
    Latest litigation has started in London High Court
  • Kyriakos Mamidakis death ruled suicide
    The 84-year-old businessman was found dead at the weekend as clouds gathered over the family's petroleum business
  • Olympic fixture from West Africa supports VLCC market
    Longhaul fixture stands out in otherwise uninspiring VLCC trading week
  • Summer lull hits charter market
    Fixture activity slows and will continue to do so, but brokers say there is reason to be optimistic in light of recent container trade volume indicators
  • Handysize earnings at two-month high
    But rates expected to nudge down due to upcoming holidays in Asia
  • Qatargas corners greater LNG market share for Q-flex vessels
    Producer signs new contracts to supply 2.4m tonnes per year in Europe and Asia
  • Clarksons shares hit after profit warning
    Bearish freight and asset market conditions hurt performance of London-listed shipping services group
  • Rising bunker costs to hit carrier profits
    Second-quarter results set to be lower as rising fuel costs hit margins
  • Curtis Davis Garrard to merge with Haynes and Boone
    London ship finance specialists get together with Texan corporate law giant
  • New name for CSCL as focus turns to financial services
    Company will be known as Cosco Shipping Development; trading arrangements on Hong Kong bourse will not be affected
  • Ezra companies sell 80% stake in FPSO owner PV Keez
    Singapore-listed Ezra says $166.3m sale of PV Keez is in line with strategy to move away from owning FPSO assets
  • India to undertake port-rail connectivity projects worth $2.1bn
    Schemes approved under the Ministry of Shipping's Sagarmala programme
  • Vale sells three very large ore carriers to ICBC-led group for $269m
    World's largest iron ore miner is also negotiating the sale of other vessels
  • Long-term prospects
    For an industry where timing is critical in decision making, only a few people seem to cultivate a native wisdom in their appreciation of its cycles and disruptive influences

The Journal of Commerceweb site
JULY 4, 2016
  • HMM aims for Asia-Middle East market share dominance
  • APM Terminals takes full control of fast-growing Denmark terminal
  • No SOLAS trouble reported at major Japanese ports
  • Jawaharlal Nehru shippers hit with another service levy
  • India doubles down on connecting ports to rail network
  • Brazil economic woes spark liner service consolidation and higher rates
  • Cuba's Mariel port has ambitious plan to become giant feeder hub
  • Apparel trade sewing up South Asia transshipment business
  • CSCL to get a new name as it shifts focus from boxes to finance

TradeWindsweb site
JULY 4, 2016
  • Viking turns up heat in bondholder battle
    Offshore vessel owner says bondholders are rejecting fair and attractive proposal and could end up with nothing.
  • Chinese stimulus to firm dry cargo rates
    Lorentzen & Stemoco positive for dry bulk as Beijing responds to Brexit.
  • CSCL changes name to reflect liner exit
    Chinese company to become Cosco Shipping Development after CSG's merger with Cosco.
  • Offshore bubble bursts as tonnage builds
    Quiet weekend poses rates danger to owners in North Sea.
  • Drugs worth $275m found in three containers
    Australian police seize 2.5m hits of methamphetamine in Melbourne.
  • SCF fights Nikitin's $388m compensation claim
    London hearing will focus on what private Russian owner would have done with cash frozen by state company ahead of massive fraud trial.
  • Fincantieri signs landmark deal with CSSC
    Italian shipbuilder gets more strategic role in the construction of the first Chinese cruiseship for Carnival.
  • Stephen Feinberg sells DHT shares
    Fund manager has cashed out of New York-listed tanker owner, filing says.
  • Berenberg in $500m private equity push
    Historic German bank joins forces with new partner to help fill industry funding gap.
  • Polemis aframax deal sets new benchmark
    Greek owner New Shipping buys second tanker in as many months.
  • CMES expects first half profit to spike
    Chinese VLCC and bulker owner expects a boost from government subsidies and better crude market.
  • WSS opens 24/7 service in Egypt and Panama
    Shipmanagement company responds to market demand and picks up first contract from Avance.
  • Austal stays in compliance
    Australian shipbuilder maintains banking support despite higher production costs.
  • Farstad strikes short-term debt deal
    Offshore shipowner wins summer breathing space as it works toward restructuring solution.
  • Clarksons: 2016 profit will be 'materially lower'
    London-listed shipbroker says falling freight rates, offshore slowdown, limited newbuildings and quiet capital markets will impact bottom line.
  • Thai shipyard blast kills four
    Ayutthaya facility shut after blast during work on ferry newbuilding.
  • Seacor swoops for Richfield fleet
    US owner said to have bought 11 offshore ships from Singapore company.
  • HMM claims Middle East supremacy
    Restructuring Korean owner boosts links to region; 'has largest market share.'
  • Braemar top brass see little increase in salaries
    Chief executive only director to see higher pay packet as shipbroker's board sees major overhaul.
  • Vale offloads more VLOCs to ICBC
    Brazilian mining giant says it is also negotiating the sale of other vessels to strengthen its balance sheet.
  • Otto Marine seeks bond redemption approval
    Move to redeem notes part of Singapore offshore vessel operator's plans to go private.
  • Stealth Maritime aframax arrested in Singapore
    Super Shipping has Greek-owned vessel detained over claims it is owed $4.4m in charter fees.

The Bunker Bulletinweb site
JULY 4, 2016
  • Med HSFO cargo market at steepest backwardation in 20 months on tight supply
  • Renewed violence rocks Nigeria's delta region as militants bomb pipelines
  • FUEL FOR THOUGHT: Colombia's peace deal could spur oil sector turnaround
  • Norway averts strike that would have hit oil, gas production

›››File
FROM THE HOME PAGE
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
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
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
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
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
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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
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
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio
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