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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:35 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
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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