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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:53 GMT+1
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BRIEFS
December 7, 2016
Sched Netweb site
  • Last stuck boxes on Hanjin ship have been unloaded
  • Iran Shipping discusses US$650m order for 10 ships with Hyundai HI
  • Port of Brisbane's first 8,500 TEU vessel - Maersk Lloyd Don Carlos
  • China urges US to fully-comply with WTO anti-dumping accord
  • India's JNPT achieves April to November volume gains of just 1pc
  • GAC breaks ground on new contract logistics warehouse in Dubai South
  • NYK sets up logistics JV for finished cars in Vietnam with VINALINES
  • Ince & Co appoints top disputes lawyer to strengthen Singapore China team
  • India and Afghanistan look to opening air cargo link over Pakistan to boost trade
  • Air freight forwarder Yusen Logistics wins prestigious pharma certification from IATA
  • Finnair and Japan Airlines expand codeshare on Europe-Japan flights
  • Oslo airport plans to build seafood hub to handle growing exports to Asia, Mid East

Exim Indiaweb site
DECEMBER 6, 2016
  • FFFAI foresees transparency in business thanks to demonetisation
  • MANSA welcomes JN Customs' consideration to examine ship agents' concern on dual registration
  • Ship operating costs seen rising in 2017 after two years of decline
  • More than 95 pc of international trade done thru' EDI-enabled Customs stations
  • Century CFS installs PoS machines in their CFSs & Head Office for cashless transaction
  • MIAL augments export handling capacity, unveils new Export Heavy & Bonded Cargo Terminal
  • Seabird CFS at Hazira handles first export LCL console
  • Hazchem & Liquid Bulk 2016 comprehensively deliberates on a critical segment of cargo & logistics

International Transport Journalweb site
  • New VP of safety policy and connectivity at ATA
  • Honduras to modernise road infrastructure
  • Automotive service provider confirms new alignment
  • Raben relocating to Saarbrucken
  • Rhenus expanding in Jade Weser Port
  • NZ: new freight hub boosts efficiency
  • Dnata invests in Canadian cargo and ground handler
  • Groundbreaking for GAC's Dubai contract logistics facility
  • IRU names head of Brussels delegation
  • Divergent fate for Danish cargo carriers
  • Short line railroad celebrates 115th anniversary
  • SOL shouldering ship operations for Storo Enso
  • Two networks benefit from Freightcamp in Abu Dhabi
  • Advent grasps the mantle and goes for V. Group
  • Hactl handling Bismillah's cargo in Hong Kong
  • Gotthard tunnel enhancing railfreight transport sector

IHS Maritimeweb site
DECEMBER 6, 2016
  • Dredging project aims to restore shipping access to Uruguay's Martin Garcia channel
  • Bunker supplier Bomin axes more offices
  • US-listed shipowners push for year-end capital raises
  • Vessel operating costs predicted to rise next year
  • Samudera Shipping warns of full-year loss
  • Polaris Shipping buys four Capesizes from Vale
  • Pacific Radiance executive director under investigation
  • 'I did all I could to save Hanjin Shipping', says Hanjin Group chairman
  • German towage firms may be sold to Boluda
  • Strong demand for smaller bulkers fuels recovery optimism
  • DP World invests with Canadian pension fund
  • Record-high budget for South Korea's port and marine development
  • Idle container shipping capacity soars to 1.7 million teu
  • China to end coal imports as it finds balance in domestic supply and demand
  • H-Line Shipping gets a credit rating upgrade
  • Mitsubishi Corporation to record big loss on bulker values

The Loadstarweb site
DECEMBER 6, 2016
  • Hundreds of shippers still waiting for cargo in Hanjin boxes 'held hostage' by out-of-pocket ports
  • Atlas Air pilots plan protest march on Amazon HQ over pay and staff levels
  • Surge in shipping services to Iran won't mean profits and will harm transhipment ports
  • Analysis: OOIL may be under stress, but it has time to look for the right deal
  • In it for the long haul: Amazon will now truck data to the cloud
  • Taiwan government urged to help debt-ridden Yang Ming

Marine Logweb site
DECEMBER 6, 2016
  • ABS publishes guidance on Acoustic Emission Testing (AET)
  • Marcon brokers sale of two McAllister tugs
  • Ship management giant has a new owner
  • Conversion will create world's largest emission-free ferries
  • First Norwegian vessel gains Polar Code certification
  • BAE Norfolk gets $55.7 million for Wasp work

Lloyd's Listweb site
DECEMBER 6, 2016
  • Knot Offshore to issue $50m private placement
    Company will offer preferred units at $24 each
  • Tankers face loss of cargoes on West Africa ban
    Five West African countries are banning high sulphur cargoes from Europe
  • Eight Swiber executives released on bail
    Executive chairman and finance chief among those bailed after being interviewed
  • UK Club hires Devereese
  • Capital charters in two SK Shipping VLCCs
    Two-year deal with options adds to Evangelos Marinakis group's growing VLCC position
  • Supramax bulker rates strongest since August 2015
    Rates firm up further in the Atlantic while Pacific region makes some small improvements
  • Europe to South America market posts September rebound
    Strong container traffic growth from north of Continent to the east coast bucks 17-month downwards trend for wider southbound trade
  • GasLog prepares for FSRU debut with $16m equipment order
    Keppel Shipyard orders long lead items for potential LNG carrier conversion
  • First American LNG cargo discharged into Italy
    US wants European customers alongside its South American ones, opening up new LNG trade routes for ships
  • Vale sells four capes to Polaris for $140m
    Updated: Ships are named as miner says sale is consistent with strategy of strengthening its balance sheet and focusing on core assets
  • BW LPG makes changes at Aurora LPG
    Aurora chief executive and CFO set to leave the company after BW increases ownership to almost 93%
  • DSME delays drillship delivery
    Delivery postponed by two years to June 30, 2020
  • Reasons to be cheerful
    High scrapping and Far East fixture activity advance the supply side fundamentals, but there is still work to be done to prompt a spike in box charter rates
  • India designates port-led coastal economic zones
    Ministry expects measures to help boost the Indian manufacturing sector's competitiveness worldwide
  • Newbuilding market to remain lacklustre in 2017
    Dearth of orders and low-price environment to continue despite recent freight market improvement
  • Petronet LNG deploys newbuilding for Gorgon LNG project
    Prachi is on 19-year charter to move Australian LNG to India; Gorgon LNG Train 1 production halted
  • International Seaways posts first net loss after spin-off from OSG
    Results dragged down by impairment losses on vessels
  • Navig8 Product Tankers completes $30m rights offering
    Company closed Tranche 2 of the offering, raising $3.4m in proceeds
  • Avic International Maritime unveils more restructuring details
    Group aims to cut down layers of intermediary companies
  • Samudera Shipping expects loss for 2016
    Fallout of Hanjin bankruptcy continues to have an effect
  • Pacific Radiance director arrested for alleged corruption
    Mok Weng Vai is out on bail and has not been charged in court
  • Safe Bulkers raises $15m, breaks dry spell of equity fundraisers
    UPDATED: Latest offering priced at $1.1 per share versus Monday's closing price at $1.35
  • VLCC owners looking to cash in ahead of Opec cut
    Earnings supported amid expectations that producers will raise output before January reduction

The Journal of Commerceweb site
DECEMBER 6, 2016
  • US House approves cross-border trade 'enhancement' bill
  • Private sector envisions data portal to reduce US port congestion
  • Brazil to extend length of port concessions
  • THE Alliance strips joint-contracting language from VSA
  • Siemens commissions ship specialized for wind power components
  • India makes headway on abolishing shipping surcharges
  • Higher operating costs to increase pressure on liners
  • Idle container ship fleet rockets on Hanjin collapse
  • Jawaharlal Nehru Port to cut costs for rail, increase for trucking

TradeWindsweb site
DECEMBER 6, 2016
  • Panamax rates surge to 34-month high
    Mid-size bulker rates continue to rocket to levels not seen in nearly three years; capes missing out.
  • No whining on Wall Street for OSG spinoff
    International Seaways' new leaders say they can't complain about that annoyingly low share price, which then rises.
  • KOTC seeks tenders for eight tankers
    Interested shipyards have to submit their applications to Kuwait-based owner by 20 December.
  • Safe Bulkers could gross $17m in offering
    Polys Hajioannou to invest $3m in fundraising drive for acquisition cash.
  • Stolt chemical tanker suffers fire off US
    No pollution or injuries after situation on one of Stolt-Nielsen's recently acquired ships.
  • KNOT Offshore raising $50m in equity sale
    Tanker owner selling new convertible preferred units in deal that could rise to $99m.
  • Swedish Orient buys ro-ro trio
    Owner adds modern vessels as Viking Supply sells out of sector.
  • Tor Olav Troim linked to rig deal
    Norwegian report claims investor has snapped up two units from failed Hercules Offshore.
  • Swiber executives released on bail
    Commercial Affairs Department interviews shipowner's directors but brings no formal charges against them.
  • Greek bulker abandoned after fire off South Africa
    All 19 crew picked up safely from Amalthia Marine ship that suffered flooding in engine room after blaze.
  • Bibby Offshore secures another Shell deal
    UK owner sending Bibby Polaris to Gannet G field in North Sea.
  • DSME delays Atwood drillship duo by two years
    US owner requests postponement to 2019 and 2020.
  • Vale concludes $140m sale to Polaris
    South Korean owner boosts its fleet with acquisition of four capesizes from Brazilian mining giant.
  • NCL refinances with $700m bond sale
    US cruise line using cash to redeem 5.25% issue due in 2019.
  • Olympic Ship sells vessel to Swire Pacific
    Oslo-listed company offloads the 2014-built Olympic Athene to Hong Kong-based rival.
  • Myklebust takes CEO job at Viking
    Fjord Shipping boss replacing Christian Berg at offshore vessel company.
  • Yang Ming urged to merge
    Politicians want to see tie-up between container line and port company in downturn.
  • Borge Johansen leaves Aurora LPG
    CEO departs as BW LPG completes takeover, but will continue to head the owner's VLGC pool operations; CFO Jebsen also leaving.
  • Box Ships sends nine-year-old duo for scrap
    Michael Bodouroglou-led shipowner reported to have sent two 2007-built ships for demolition.
  • Provisions and Hanjin set to hit Samudera
    Indonesian containership owner tells investors to expect the worst for its end of year results.
  • Rolf Westfal-Larsen to step down as CEO
    Bergen-based shipowner set for a changing of the guard with new boss for holding company.
  • Pac Radiance exec held in corruption probe
    Executive of Singapore-listed offshore vessel operator potentially facing fine and prison sentence.
  • Maverick Gunner auction confirmed
    Singapore admiralty court gives potential bidders until week before Christmas to bid for bulker.

American Shipperweb site
DECEMBER 6, 2016
  • Report hails FAST Act on its first anniversary
    States and ports need tools and flexibility to adapt to new trade patterns and accommodate increased freight volumes, according to a new re...
  • Drewry: Ship operating costs likely to rise in 2017 and beyond
    The cost of operating cargo ships has fallen for two successive years, but is forecast to rise in 2017 and beyond, according to Drewry, whi...
  • U.S. trade deficit widens in October
    The U.S. Commerce Department said Tuesday the nation's goods and services deficit for October totaled $42.6 billion, a 17.8 percent increas...
  • Rail labor groups seek mediation in Class I contract talks
    Rail labor unions are asking the National Mediation Board to step in as negotiations with Class I railways has "completely stalled," accord...
  • FTR: Class 8 orders jump 41% in November
    Net orders for North American Class 8 trucks totaled 19,300 units in November 2016, according to the latest preliminary figures from freigh...
  • NYK launches finished vehicle logistics company in Vietnam
    NYK is partnering with Vietnam Ocean Shipping Agency Corp. (VOSA), a shipping agent and subsidiary of state-run Vietnam National Shipping L...


The Bunker Bulletinweb site
DECEMBER 6, 2016
  • European distillate barge flows to fall as Rhine levels decline
    Water levels were measured at 107 centimeters at the critical choke point of Kaub, Germany, at 1300 CET (1100 GMT) Tuesday
  • US Gulf Coast refiners eye open arb for ULSD to Northwest Europe
    No new vessels have been placed on subjects or fixed, but a Gulf Coast shipping source said he had received multiple inquiries to ship ULSD on the route.
  • Norway's Asgard crude to load three cargoes in January
    Asgard is one of the lightest North Sea grades, with a gravity of 48 API, and it is also relatively sweet with a sulfur content of 0.18%.
  • Danish court names Monjasa as bunker company in fraud case
    In September the court of Kolding fined Monjasa and gave co-founder and then CEO Jan Jacobsen a prison sentence.
  • Land transport to use 43 mil mt less oil by 2030, planes, ships to rise: T&E
  • Bunker group Bomin announces further office closures
    The move forms part of Bomin's long-term and sustainable growth strategy, it said.
  • External: Wired Bunkering
  • FUTURES 2: Crude pares gains on expectations of US products build
  • External: Global Risk Management
  • Saudi OSP cuts show Aramco's focus on protecting Asian market share, say traders
    Move prompted by likely intent to defend market share
  • OPEC's Barkindo outlines reasons for production cuts
  • FUTURES: Crude eases from 16-month highs on doubts about OPEC deal

›››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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