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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:38 GMT+1
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BRIEFS
December 5, 2016
Sched Netweb site
  • Asia-Europe rate surges 20pc to US$930/TEU, increases a hefty 19.2pc to Med ports
  • MSC, HMM make joint bid for US west coast Total Terminals International
  • Zim posts US$37.6 million Q3 loss as revenues plunge 14pc
  • Alliance schedules won't ease Asia-Med overcapacity concerns: Drewry
  • State aid will postpone restructuring of shipping industry, warns Alphaliner
  • National Brazil dock strike said to be brewing, fears rise for box exports
  • NYK receives first units of new order for 4,700 reefers
  • US Department of Defence awards Crowley US$2.3b logistics contract
  • DHL-commissioned study showing that DHL can save shippers time and money
  • Dnata buys half of the cargo, ground handling services at Toronto Pearson airport
  • CLA and ABC drop service to Africa and focus on China, Europe and US
  • Air India launches Madrid service, adds six more connections in 2017

Exim Indiaweb site
DECEMBER 4, 2016
  • "K" Line announces Asia Chennai Express service to commence on Dec. 15
  • CMA CGM reviews Forwarding Agent's Commission effective Jan. 1, 2017 in some markets
  • DNV GL, RCCL & University of Strathclyde launch Maritime Safety Research Centre
  • FFFAI Biennial Convention an opportunity for fruitful networking to boost foreign trade: Samir Shah
  • Maersk Line to have container capacity of around 3.8 m TEUs after acquiring Hamburg Süd
  • Transport operators' liability in Russia can be extensive, warns TT Club
  • Low ash metallurgical coke imports from Australia & China made difficult
  • Tea exports down in H1
  • APSEZ raises INR 1,300 cr.
  • Mumbai Port Trust first port to start anti-retro viral therapy centre for HIV positive patients
  • New ports getting rail connectivity under participative policy thru' PPP
  • Stakeholders confer on policy for awarding waterfront & associated land to port-dependent industries in Major Ports
  • Cabinet approves Mumbai Urban Transport Project (MUTP)-Phase III
  • Roll out of Express Cargo Clearance System (ECCS) at Courier Terminal, Sahar, Mumbai

International Transport Journalweb site
  • An environmental turning point
  • IRU: Silk Road development needs support
  • All-time record in carrying trucks by rail
  • New facility for London Thamesport
  • Investing in Down Under
  • From Amazon to DS Smith
  • AN-225 in Leipzig/Halle for 22nd time
  • Warehouse management for Kenyan brewery
  • Australia: acquisition leads to coal haulage contract
  • APL - service collaboration results in growth
  • SAA pampers pets before departing Johannesburg
  • BIC appoints Douglas Owen as secretary general
  • NCA outsources transpacific service to Atlas Air
  • Pakistan and China to introduce intermodal service
  • Cooling down in Brisbane
  • G6 reshuffles transatlantic connections
  • "One MOL" worldwide extends to Brazil and Mexico

IHS Maritimeweb site
DECEMBER 2, 2016
  • Optimarin first with US-certified ballast water treatment system
  • Shipowners terminate Great Southern Shipping charters
  • Hoegh LNG signs 20 year FSRU deal with Ghana
  • HHI inaugurates shipbuilding project in Saudi Arabia
  • Draft China ODI rules threaten overseas port and logistics expansion plans
  • Chinese yards win as carriers push up feeder ship orders
  • KAMCO buys five ships from South Korean companies
  • Samsun Logix becomes Korea Shipping Corporation

The Loadstarweb site
DECEMBER 2, 2016
  • Supply chain chaos as India's cash flow is suddenly cut off in a bid to beat corruption
  • Good week for Asia-Europe carriers with box shipping rates up 20% as price hikes bite
  • Container terminal operators can't invest if shipping alliances squeeze prices too tight
  • What it's like to sail a giant ship on the world's busiest seas
  • JetTime quits cargo, leaving five 737Fs on the market
  • WorldACD reports a good October for air cargo as yields rise

Marine Logweb site
DECEMBER 2, 2016
  • Wartsila EnergoProFin now available for CPP
  • OSG completes spin-off of International Seaways
  • USCG issues first U.S. BWM type approval
  • LCS: Senate panel hears contrasting views
  • Rolls-Royce to shed 800 more marine jobs

Lloyd's Listweb site
DECEMBER 2, 2016
  • Data Hub: World Fleet Update
    Scrapping still not denting fleet figures as deliveries roll in
  • Bunkering world moves past OW to face fresh challenges
    Mass flow meter, lower sulphur cap will increase costs
  • December GRIs disappoint
    Small gains achieved on the Asia-Europe trade, but transpacific GRIs fall flat
  • Late-inning relief from US capital markets
    Costamare and Höegh LNG Partners raise a combined $178m pursuing different strategies
  • Höegh LNG drops down FSRU into master limited partnership
    Accretive dropdowns to MLP Höegh LNG Partners will continue
  • Vale expects rise in China's iron ore demand
    Brazilian miner says peak steel demand in China is still a few years away
  • USCG approves first ballast water management system
    Norway-based Optimarin has first system with global approval
  • Russian market needs more than cargo cover, TT Club warns
    Long list of potential liabilities for operators
  • The end of globalisation as we know it
    As 2016 comes to a close, Olaf Merk looks at what has happened, how it happened and what it means for next year
  • HHI takes next step in Saudi Arabia mega shipyard
    Shipbuilder looking to contribute its shipbuilding expertise and shipyard operating know-how
  • DSME cuts headcount by 22% amid restructuring measures
    Group to increase business focus on building commercial vessels
  • Cargill research chief sees better times ahead for dry bulk
    Eric Aboussouan is cautiously optimistic about 2017
  • CMA CGM launches direct Adriatic to Egypt link
    Adrimed Express to offer competitive transit times optimised for perishable products in reefer boxes
  • Höegh LNG Partners commences 6m unit public offering
    Proceeds to fund stake buy in FSRU Höegh Grace
  • Diana Shipping inks time charters with Koch and Uniper
    When employed, both vessels are expected to generate $5.7m in gross revenue
  • Rolls-Royce to cut 800 jobs in marine division worldwide
    Plans come amid prolonged slump in shipping industry
  • Swiber gets judicial management extension
    Extension applies to both Swiber Holdings and Swiber Offshore Construction
  • Bulls vs Bears
    Looking ahead to our 2017 outlook and the only certainty seems uncertainty

The Journal of Commerceweb site
DECEMBER 2, 2016
  • State and rails at loggerheads over Charleston over port terminal
  • Existing DP World Canada terminals get first shot from $3.7B investment fund
  • Chinese rules could endanger Belt and Road logistics expansion
  • Eastbound trans-Pacific spot rate slide belies strength
  • Tepid growth at Jawaharlal Nehru Port despite productivity gains
  • Stronger US economy, spending spur trucking hiring
  • Liners pushing for lower port fees face potential blowback
  • Maersk sees Brazil container trade recovery on horizon
  • Asia-Europe rates shoot up after stable November

TradeWindsweb site
DECEMBER 2, 2016
  • Seaspan Efficiency appeal fizzles out
    Third Circuit dismisses OceanConnect's case in effort to arrest Seaspan vessel over Hanjin.
  • Suezmaxes close week under pressure
    Spot rates move downward as tonnage list grows in West Africa and Turkish Straits delays ease.
  • Opec cut 'no problem' for Nordic American
    Herbjorn Hansson-led suezmax tanker owner plays down impact of production decision.
  • Lloyd Fonds lifts annual earnings forecast
    German asset manager keeps on lifting profit outlook this year.
  • Farstad hooks fish farm deal for anchor-handlers
    Norwegian owner's ships will moor and hook up a semi-submersible unit off Norway.
  • CPC tanker grounds off Taiwan
    Taiwanese oil company's Kang Yun got stuck at the port of Keelung.
  • Vallianz dragged into Swiber's Indian lawsuits
    Singapore owner also reveals legal action by Indonesian shipyard.
  • Master among those seized from reefer
    Russian embassy confirms three Russians taken from Laskaridis ship by Nigerian pirates.
  • HSBC: Maersk deal to spur rivals to merge
    Hamburg Sud takeover could be positive for the sector in the long term, bank says.
  • Maersk retains multi-billion war chest
    Danish owner still has the financial muscle to pursue other acquisitions, analysts say.
  • Samsung tears up $774m LNG FPSO contract
    Korean yard says European owner failed to meet terms of deal for unit ordered in 2009.
  • Korean yards facing $1.9bn bond bill
    Major shipbuilders have to find funds to redeem or refinance debt falling due next year.
  • Managers win more time to restructure Swiber
    Court-appointed team have until 23 March to submit plan to creditors.
  • Hoegh Partners raising $121m in bigger offering
    Gas carrier owner upsizes share sale as it funds acquisition of Hoegh Grace from parent.
  • Subsea 7 lands another big Aussie deal
    Kristian Siem company bags Woodside subsea contract worth up to $150m.
  • CMA CGM to boost Adriatic - Egypt links
    French liner giant targeting perishable goods transportation with new liner service.
  • Perdana culls second Nam Cheong contract
    Malaysian shipbuilder has now lost contracts worth $84m from compatriot vessel owner.
  • CMA CGM to boost Adriatic Sea and Egypt links
    French liner giant targeting perishable goods transportation with new liner service.
  • Rolls-Royce to slash 800 more marine jobs
    Latest round of redundancies adds to 1,000 employees let go in May and October last year.
  • KNOT Offshore Partners sews up dropdown
    New York-listed shuttle tanker owner completes deal to buy vessel from parent.

American Shipperweb site
DECEMBER 2, 2016
  • Maersk's plan to buy Hamburg Süd caps active year for consolidation
    Maersk Line's plan to acquire Hamburg Süd in 2017 caps a landmark year for consolidation in the container shipping industry, noted Mario Co...
  • FMCSA establishes clearinghouse for CDL drug, alcohol testing
    The U.S. Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) will establish a national clearinghouse for the...
  • U.S. transportation sector hiring grows for second straight month in November
    United States transportation and logistics companies added 8,900 jobs for the month in November 2016, according to the latest preliminary d...
  • G&W Australia closes on $856m acquisition of GRail
    Genesee & Wyoming Australia (GWA) has completed its previously announced purchase of Glencore Rail (GRail) for $1.14 billion Australian...
  • Formal federal judge named ILA's Ethical Practices Officer
    The International Longshoremen's Association said that former U.S. District Judge Joel A. Pisano has been appointed as the union's Ethical ...
  • Shuster to continue serving as T&I Committee Chairman
    U.S. Rep. Bill Shuster, R.-Pa. has been selected to continue serving as the Transportation and Infrastructure Committee Chairman, the commi...
  • NYK orders another 4,700 reefer containers
    Japanese ocean carrier NYK Line has placed an order for 4,700 new 40-foot refrigerated (reefer) containers, which are more efficient and re...

The Bunker Bulletinweb site
DECEMBER 2, 2016
  • Japan shippers counter suppliers' Q1 2017 Singapore term bunker prices, talks move into second round
    "We heard they [the shipping companies] are targeting settling 380 CST bunker fuel at a discount of a few dollars [to the Singapore 380 CST delivered bunker fuel assessment]," a trader said Friday.
  • Rotterdam HSFO crack hits near three-month low on Brent crude rally
    Sources said the fall in cracks, which measure the relative value of the product to crude oil, was mostly due to the sharp rally in Brent futures, rather than market fundamentals.
  • Oil complex keeps post-OPEC rally alive, aided by softer dollar
    The rally, which began Wednesday, looked like it had run out of steam early Friday, but then prices turned positive around the start of US trading hours.
  • External: Wired Bunkering
  • FEATURE: Bunker industry sees fragmented, complex market after 2020
    "Will we all be using the same 0.5% sulfur fuel? No, we won't. The shipping industry, if it doesn't have a policeman, will do whatever is cheapest."
  • REFINERY NEWS: Eni shuts fire-ravaged EST plant at Sannazzaro refinery
  • Rolls-Royce plans to simplify, restructure marine business
    Cost savings measures, job cuts planned to deal with tough markets
  • Russia to cut oil output 300,000 b/d from 11.2 mil b/d starting Jan 1
  • FUTURES: Crude falls from 2016 highs as OPEC cut exuberance fades
  • Iraq faces difficult choices over OPEC production cut
    Iraq's crude oil cuts likely to come from fields under state control

›››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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