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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:02 GMT+1
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BRIEFS
August 8, 2016
Sched Netweb site
  • A-E rate falls 23.5pc to US$861/TEU, drops 13.8pc to Med ports
  • Maersk drops 10 Chinese ports of call to focus on profitable ones
  • Hanjin gets month's reprieve to secure better terms on charter rates
  • Matson Q2 profit soars 81.8pc on last year's USWC labour strife
  • CMA CGM levies new Asia-Red Sea charges for Aug, Sept
  • Baltic Exchange seeks shareholders' support to accept SGX bid
  • MISC quarterly profit falls 25pc to US$123.8 million, revenue slips 8pc
  • XPO back in black, but Q2 sales slow to 202.9pc to US$3.7 billion
  • Maersk upgrades E-class containerships to boost capacity by 1,300 TEU
  • Drewry expects more mergers among container terminal operators
  • Yusen Logistics opens temp-control distribution hub in Phnom Penh
  • CO2, new ballast water rules top London's ICS September 7 agenda
  • London Maritime Salvage & Casualty Response meeting September 7-8
  • Budapest Airport posts 11.3pc air cargo growth, credits Qatar volume
  • New CargoCity User Committee established by Frankfurt's Fraport
  • Cargo traffic at Abu Dhabi International Airport falls 5.9pc in June
  • UK grants permission to Amazon to test delivery drones

Exim Indiaweb site
AUGUST 7, 2016
  • Call to end surcharges
  • Charter rate recovery in major dry bulk shipping routes seen
  • Further steps being taken to complete SGX's acquisition of The Baltic Exchange
  • Legal Implications of a 'Sister Ship', 'Associate Ship' & 'One Ship Company'
  • Multifarious projects identified under Sagarmala's National Perspective Plan
  • Anti-dumping duty recommended on imported cold-rolled steel products
  • ...handles more than 5 lakh t in a single day
  • Antwerp Port Authority representatives to interact with trade in Chennai & Visakhapatnam next week
  • Chennai Port holds discussion on recent facilitative policies
  • Four new Major Ports on the anvil
  • Govt asks Major Ports to digitise land records
  • Kamarajar Port sets ambitious targets for 2016-17
  • Kandla Port registers 8 pc increase in throughput during April-July 2016-17
  • Vizag Port all set to handle Nepal cargo
  • GST seen benefiting logistics sector
  • Exporters seek easy GST compliance in enabling laws: EEPC
  • Forex reserves at record high
  • Govt taking initiatives to boost exports: Sitharaman
  • Plea to give taxation boost to SEZs
  • Procedure for exports through FPO, Delhi/Mumbai/Chennai using e-commerce platform under MEIS Scheme of Chapter 3 of Foreign Trade Policy (2015-20)

IHS Maritimeweb site
AUGUST 5, 2016
  • Italy adopts new national port structure
  • RBS' shipping impairment provisions soar in a year
  • FSL Trust pares debt, stays profitable
  • Container rates resumed fall in June
  • Navig8 Product Tankers sells and leases back LR2 trio for USD118.8 million
  • Wilhelmsen warns of mounting uncertainties
  • Vard raises stake in Vard Promar through debt to equity conversion
  • Yangzijiang year-on-year quarterly profit falls
  • SCI augments fleet with VLCC and now has sights on second-hand Suezmax
  • SGX makes USD103.49 million bid for Baltic Exchange
  • Sainty Marine delays restructuring plan
  • Tianjin port's 1H16 cargo throughput surge 50%
  • China pushes hard for oil terminal contract at Japan-invested Mombasa
  • Shipments of iron ore out of the Pilbara still on the rise, but freight rates yet to follow
  • MISC profit belies pressure on LNG, tanker divisions

The Loadstarweb site
AUGUST 5, 2016
  • Rough seas ahead as container shipping faces a peak season 'washout'
  • A turning point as XPO Logistics delivers first quarterly profits in five years
  • Bullish CEVA stems losses in H2 and says its turnaround is 'on track'
  • ASL 737F crashes onto road after overshooting Bergamo runway
  • Revealed - the first freighter in Amazon livery
  • DSV says it's ahead with UTi integration, boosting shares

Marine Logweb site
AUGUST 5, 2016
  • Conrad to build crane barge for USACE
  • GAO urges delay in procurement of DDG 51 Flight III
  • Vard takes full control of Brazil shipyard
  • NTSB launches El Faro VDR recovery mission
  • Navy licenses Willard Marine 11 m RIB design

World Wide Shipperweb site
AUGUST 5, 2016
  • Drewry Dry Bulk Forecaster predicts charter rate recovery
  • Crowley Maritime nets contract for containerized LNG shipments
  • Navy licenses Willard Marine to design new inflatable boat
  • Port of Port Angeles adding new marina reservation system
  • NASSCO holds ceremony to mark ESB vessel keel laying

Lloyd's Listweb site
AUGUST 5, 2016
  • MSC Katie to slot into Jade service after Singapore collision
    Work to discharge containers from damaged MSC Alexandra to start within hours
  • Forwarders back shippers' call to end surcharges
    BIFA joins GSF in fight against additional fees
  • RBS admits shipping defaults in first half as losses top $2.6bn
    Other 'single-name driven events' in prospect, bank warns
  • Forwarding remains a tough space, admits DHL
    Improved margins in second quarter far below industry leaders
  • Cexim to give Cosco Shipping $4.2bn loan for 59 newbuildings
    Vessels include 10 valemaxes, nine VLCCs and 17 ultra large containerships
  • Rickmers Maritime posts wider loss, hit by non-cash impairment
    Trust pursues refinancing initiatives; expects 'stronger headwinds' as panamax redeliveries seen rising with the Panama Canal expansion
  • Asia-Europe carriers fail to sustain August GRIs
    Freight rates begin their inevitable declines in the fallout of latest price push
  • Trade volumes show volatile year
    Slight growth in container volumes not enough to lift rates
  • Seoul prosecutors summon DSME finance chief for questioning
    Kim Youl-jung called in over allegations of understating operating losses
  • Baltic Exchange LPG Index sinks to lowest since financial crisis
    Middle East cargoes compete with US VLGC shipments following Panama Canal expansion
  • Sainty Marine gets approval to delay restructuring draft plan submission date
    Chinese shipbuilder to become a finance and power company
  • Prolonged industry downturn weighs on Yangzijiang Shipbuilding result
    But group in July clinched orders for four 1,800 teu boxships with options for eight more of the same specifications
  • Eagle Bulk carries out reverse stock split
    Move to help company regain compliance with Nasdaq listing rules
  • Seaspan looking to raise $225m from public preferred share offering
    Proceeds to be used for general corporate purposes

The Journal of Commerceweb site
AUGUST 5, 2016
  • Bidder pool for potential Rio transshipment hub shrinks
  • Trans-Pacific importers eye space as peak season capacity tightens
  • CEVA revenue, earnings fall despite air, ocean traffic growth
  • Asia-Europe spot rates dip down below $1,000 per TEU
  • Trucking resumes hiring, reversing five-month decline
  • DSV profit rises as it returns UTi to profitability
  • UK forwarders back shippers' global anti-surcharge campaign
  • Matson closes acquisition of Alaska logistics service provider

TradeWindsweb site
AUGUST 5, 2016
  • Investor bets $4.9m on Seanergy Maritime
    Greek bulker owner raises cash from mystery firm in direct offering run by Maxim Group.
  • Tanker earnings slump to new 2016 lows
    Lack of cargoes, too many ships; the summer doldrums get uglier for crude tankers.
  • Relief in the tank: fuel prices prop TCEs
    MJLF says rise in oil prices could really bring out the bears for tanker market.
  • Navigators marine insurance profit sinks
    Stamford-based insurer's second-quarter marine underwriting profit slumps 6.5% in the US and 17.9% in its international business.
  • FSL still set on refinancing in 2016
    Chief executive explains trust wants to complete effort by the close of this year if possible.
  • Iberia downgrades 'most exposed' HOS
    Price target of $4 suggests offshore vessel owner's shares could have much more to fall.
  • Sluggish markets hurt Cosco Corp results
    Shipbuilder and bulker owner sees fivefold increase in second quarter net loss.
  • Rickmers Maritime continues bank talks
    Singapore-listed trust says discussions ongoing to ensure long-term solvency.
  • Dry bulk strife pushes up RBS provision
    State-backed lender carries £445m charge on its shipping book in the first half of 2016.
  • Photo shows damage to MSC Alexandra
    Twitter pictures show hull of MSC boxship after collision with VLCC off Singapore.
  • Effissimo increases holding in K Line
    Singapore-based investor brings its stake in Japanese owner to more than 37%.
  • Treasure adds shine to Wilhelmsen sums
    Oslo-listed shipowner sees gain from spin-off power second quarter profit; outlook weak.
  • Kyoei Tanker bounces back to profit
    Japanese tanker owner is back to black in the first quarter thanks to bigger revenue.
  • OOS International orders SSCVs in China
    Newbuildings set to be equipped with heavy lift cranes, with a dual lifting capacity of 4,400t.
  • Vard Holdings takes control at Brazilian shipyard
    Fincantieri-backed shipbuilder says all domestic newbuilding activities to be concentrated at Vard Promar.
  • Navig8 in sale and leaseback deal for LR2 trio
    Nicolas Busch-led shipowner says it is set to bank $118.8m from latest vessels transaction.
  • KPMG appointed interim judicial managers for Swiber
    Firm hopes to use oil and gas contacts to turn things around at bankrupt offshore vessel operator.
  • Seaspan targets $251m in preferred issue
    New York-listed containership owner prices new shares at $25 with slightly lower payout rate than last fundraiser.

American Shipperweb site
AUGUST 5, 2016
  • APMT to pay $43.2m to settle Guatemalan corruption case
    APM Terminals has agreed to pay $43.2 million to settle a bribery case in Guatemala that could potentially have cost the company its operat...
  • Northwest Seaport Alliance makes headway since last year's integration
    The Northwest Seaport Alliance between the Port of Seattle and Port of Tacoma, which has put their seaport operations under single manageme...
  • CHAMP Cargosystems expands in Pakistan
    London-based information technology provider CHAMP Cargosystems said it has partnered with software development and management company Pent...
  • CEVA narrows EBIT loss in Q2 2016
    CEVA Holdings LLC posted a second quarter loss before interest and taxes (EBIT) of $34 million compared with a $51 million loss the previou...
  • DSV's profits skyrocket thanks to UTi acquisition in January
    Danish global transport and logistics provider DSV reported gross profits of 7.8 billion Danish krone (U.S. $1.2 billion) for the first hal...
  • Seafrigo expands into South Florida
    Seafrigo is expanding its global logistics services into the South Florida market with the opening of a new warehouse in Miami, the company...
  • Lufthansa Cargo posts fifth straight quarterly loss
    Lufthansa Cargo reported a net loss before interest and tax (EBIT) of 27 million euros in second quarter 2016 compared with a 68 million eu...
  • Commerce adds clarity to monitoring steel trade
    The U.S. Commerce Department will provide a new series of reports offering details into current steel trade flows from the world's top impo...
  • Crowley creates virtual LNG pipeline for customer in Puerto Rico
    Crowley Maritime's liquefied natural gas (LNG) services group will deliver LNG in containers from production facilities in the Southeast to...
  • Port of Philadelphia receives its largest containership ever
    The Port of Philadelphia received its largest containership ever with the Wednesday arrival of the 8,800-TEU MSC Sophia Celeste at the Pack...

›››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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