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03 December 2024 - Year XXVIII
Independent journal on economy and transport policy
18:11 GMT+1
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BRIEFS
November 11, 2016
Sched Netweb site
  • Uncertainty over global trade and shipping following Trump's victory
  • Boxship supply-demand outlook improves with accelerated demolitions
  • Unloading of cargo on Hanjin Shipping vessels nears completion
  • West African box growth dips as oil prices slump
  • La Spezia CT and Port Everglades seek to attract greater cargo volumes
  • China's trade weaker than expected in October
  • Dubai's Aramex Q3 profit falls 3pc to US$19.6 million as revenues rise 15pc
  • UN report calls on logistics and transport firms to think green
  • NYK organises maritime student exchange programmes in Japan and the Philippines
  • DHL Global Forwarding posts first quarterly volume rise since Q1 2015
  • ATSG dispute with pilots should go to arbitration: judge rules
  • AirBridgeCargo's ex Oslo service delivers salmon exports to Asia, N America markets

Exim Indiaweb site
NOVEMBER 10, 2016
  • Dry bulk shipping seen recovering on subdued vessel supply
  • FFFAI submits pre-Budget memorandum to govt
  • Shipping apprehensive of Trump?
  • World's first very large ethane carrier delivered for Reliance Industries
  • Oilmeal exports surge, soyameal falls
  • JNPT observes Vigilance Awareness Week 2016
  • Nitin Gadkari calls for use of information technology for better efficiency, speed & delivery of port operations
  • Air cargo traffic up 10 pc in Sept. 2016
  • GMR Airports to develop North Goa's greenfield international airport at Mopa
  • India must boost productivity to help South Asia become next export powerhouse of the world, says World Bank
  • Global overview on Logistics, Trade & Economy - III
  • Protocol for amending double taxation between India & Japan comes into force

International Transport Journalweb site
  • Cars on the rails
  • Nearly 10% growth
  • First LNG carrier for Sinopec
  • 12.8% increase in railed containers and automotive
  • Leadership changes at Terex Cranes
  • Carbon War Room sceptical about MPEC 70
  • Large property let in Costa Rica
  • Alha with Tapa TSR 1 certified trucks
  • Setting up crude oil logistics JV
  • Indigo service for Mexico and Caribbean
  • US railroad underway to mid-60s operation ratio
  • New head of GW's air/sea activities in Switzerland
  • Hamburg mourns box pioneer
  • More efficient intermodal terminals
  • Opening two offices in China
  • US-Bangla Airlines adds Middle Eastern destination
  • First nine months bring upswing for HHLA

IHS Maritimeweb site
NOVEMBER 10, 2016
  • Cyber-risk profile scheme unveiled for liquid bulk operators
  • UAE delays GCC rail link-up until rest of region catches up
  • Elcano completes EUR33.5 million bond issue
  • Capesize ship orders fluctuate in 2016
  • Bidders for Hanjin networks down to HMM and Korea Line
  • Ezra Holdings' bondholders give green light to waivers
  • JX Ocean sells VLGC for scrap amid calls for more demolitions
  • DSME board votes for capital reduction ahead of debt-for-equity swap
  • Capesize rates up as iron ore firms
  • DP World could become majority owner of Busan terminal
  • Volumes fall at Iran's ports despite surging oil exports and container traffic
  • Trump insider lays out upside for global shipping of election result

The Loadstarweb site
NOVEMBER 10, 2016
  • Blow to charter market as Hanjin returns push idle container fleet to new high
  • Bullish Wincanton eyes new bid for global expansion after strong half-year results
  • Providing better service can keep sea-air operators ahead of fast-developing rail options
  • NEW PODCAST: Thinking inside the box - how predictive analytics could change container shipping
  • China jails corrupt staff over Tianjin warehouse explosion tragedy
  • Gloomy Emirates warns of 'bleak global economic outlook' as profits tumble in first half
  • New apprentice degree course for UK supply chain sector unveiled

Marine Logweb site
NOVEMBER 10, 2016
  • Future USS John Finn completes acceptance trials
  • Vard: Less red ink, more shipbuilding orders
  • SHI delivers world's first Very Large Ethane Carrier
  • Security Council renews Somali piracy resolution
  • New two-stroke piston ring coating gets provisional approval
  • Rolls-Royce power and propulsion for third Blue Sea Jet
  • Mabus announces two ship names
  • LPD 18 to be first visitor to new BAE San Diego dry dock

Lloyd's Listweb site
NOVEMBER 10, 2016
  • First vessel loads at P66 LPG export terminal
    Phillips 66's new terminal will be able to load about eight cargoes per month
  • Stung by third quarter, Nordic American Tankers looks to the fourth
    Fleet expansion still on the cards
  • Euroseas posts higher loss but beats expectations
    Containership and bulker owner sees 'shift in favour' of both sectors in next two years
  • European ship finance is alive, if not exactly kicking
    Reports of its death have been greatly exaggerated, say DNB and ING bankers
  • Epic Gas losses widen in third quarter
    Time charter equivalent reductions hurt the Singapore-based owner
  • Capesize earnings jump above $14,000 per day
    Busy cargo fixing in both Atlantic and Pacific basins pushes spot earnings up by more than 40%
  • Throughput slips at HHLA
    Volumes down but bottom may have been reached
  • Odfjell bucks trend with improved result
    Delay to gas carrier newbuildings leads to cancellation of three vessels, with five more cancellations likely
  • OneLNG and Ophir team up on Africa's first deepwater FLNG project
    Final investment decision on project off Equatorial Guinea is expected in the first half of 2017
  • Firm bids in for Hanjin Asia-US assets
    HMM and Korea Line submit offers, sale to be concluded by end of November
  • Trump presidency casts doubts over US sanctions policy
    Trump could look to alter course on US sanctions agreements in Iran and Russia
  • DSME creditors unveil $2.8bn recapitalisation plan
    KDB and Kexim Bank to jointly provide financial assistance
  • DSME to shed 400 more jobs amid restructuring measures
    Fresh job cuts are at the management level
  • Cosco Shipping and ICBC Leasing differ over newbuilding orders
    We are in a dilemma, says ICBC Leasing executive director in shipping Bill Guo
  • Ezion's third-quarter profit down 69%, may sell rig for cashflow
    Revenue down on lower charter rates and modifications to some service rigs
  • PSA sets deadline for collection of laden Hanjin containers
    Boxes and cargo inside to be claimed by November 28
  • Indian authorities call for use of IT to optimise port operations
    IT task force studied ports of Singapore and Rotterdam that use technology to raise efficiency levels
  • CMA CGM launches service connecting Mexico to the Caribbean
    Port calls include Kingston, Jamaica, which is a CMA CGM hub
  • Dryships narrows losses for third quarter
    Dry bulk operator benefited from absence of significant impairment charges in the period

The Journal of Commerceweb site
NOVEMBER 10, 2016
  • Seattle-Tacoma gives more time to extended-gate pilot
  • Trump's impact on trade partners and pacts far from certain
  • New contract system awaits Russian rail, road shippers
  • Idle box ships hit record high despite jump in scrapping
  • Industry pins hopes on Trump delivering freight infrastructure boost
  • Iranian container traffic soaring amid threat of new US sanctions
  • Jawaharlal Nehru Port changes gate hours to hike productivity
  • HHLA profit edges higher as traffic picks up

TradeWindsweb site
NOVEMBER 10, 2016
  • Shipping shares surge amid Trump rally
    Market jitters about the presidential election turn to ebullience; DryShips more than doubles.
  • Impairment pushes Rem into quarterly loss
    Age Remoy-led owner writes down vessel values with weakness seen through 2019.
  • Largest Tidewater shareholder bows out
    Financial giant Fidelity sells out of all but sliver of its holding in troubled offshore vessel owner.
  • Rem Offshore reports third-quarter loss
    Age Remoy-led owner writes down vessel values with weakness seen through 2019.
  • Turkish cargoship forced onto rocks
    Mina-I suffers damage after dragging anchor in violent storm.
  • Golar shares fly on FLNG 'milestone'
    Tor Olav Troim-linked company sees strong stock price reaction to Fortuna FLNG project developments.
  • Olympic, Island stack anchor-handlers
    Norwegian owners lay up more vessels in slump, but broker says it's still not enough.
  • Euroseas lays up boxship as loss grows
    Aristides Pittas-controlled company pledges to focus on liquidity management in the next year.
  • Fiori looks to firmer rates in 2017
    DIS chief believes market will improve next year and hints at some capital markets activity.
  • Bondholders push for control of Havila Shipping
    Group hostile to Norwegian owner's final refinancing bid come up with their own plan to safeguard unsecured creditors.
  • Odfjell buys out CSAV's share in tanker duo
    Norwegian owner takes full control of South American joint venture.
  • No Trump concern for Hansson's NAT
    New York-listed company turns a loss in the third quarter but foresees increased dividend.
  • Farstad wins more negotiating time
    Karl-Johan Bakken-led company now has until 20 December to strike restructuring deal.
  • Two bidders remain for Hanjin assets
    HMM and KLC going head to head for collapsed rival's five boxships and Asia-US business.
  • Viking ticks latest restructuring box
    Swedish offshore vessel owner says it now has a stable financial platform until 2020.
  • Epic Gas sees lower rates and bigger loss
    Singaporean LPG carrier owner posts negative result due to summer seasonality.
  • Taxman helps Subsea 7 to bigger profit
    Lower tariff boosts earnings despite revenue fall at offshore shipping company.
  • Odfjell to cancel five more LPG carriers
    Delayed Sinopacific ships likely to be ditched as owner pushes up third quarter profit.
  • Prosafe eyes ex-Lauritzen ASV units
    Oslo-listed firm set to pay $70m for two newbuildings and 25% stake in third, laid-up vessel.
  • GulfMark trims losses in third quarter
    US-listed offshore vessel operator over says lay-ups are starting to help lift utilisation levels.
  • Nam Cheong sees revenue collapse
    Chill winds of offshore slowdown batter Malaysia's largest offshore support vessel builder.
  • Ezion sees net profit slump almost 70%
    Delayed start to projects and reduced charter rates take their toll at Singapore-listed company.
  • Shandong DSD MR acquisition confirmed
    Chinese shipowner has completed its first purchase of a tanker from the second hand market.

American Shipperweb site
NOVEMBER 10, 2016
  • New crane damaged at Port of Charleston
    A new super post-Panamax container crane capable of moving cargo on and off 14,000-TEU ships was damaged during set-up at the Port of Charl...
  • FedEx Trade Networks expands in Malaysia
    FedEx Trade Networks, the freight forwarding subsidiary of FedEx Corp., has opened an office in Penang, Malaysia. The company said the off...
  • Carriers adjust to hurricane damage at Port Freeport
    Container lines say they are using Port Freeport in the Bahamas on a limited basis and routing some vessels to other ports until damage suf...
  • Agility earnings jump another 11% in Q3
    Agility Logistics grew net profits 11 percent to 15.2 million Kuwaiti dinars (U.S. $50 million) in the third quarter of 2016, following a s...
  • NRF: U.S. container imports expected to rise as holiday peak season begins
    Import volumes at major container ports in the United States are expected to rise through the end of 2016 as the peak holiday shopping (and...
  • Report: China sentences 49 to prison in Tianjin explosion cases
    Chinese courts this week sentenced 49 people to prison for crimes related to the deadly August 2015 warehouse explosion in the northern por...
  • UPS to build west-side Atlanta sorting facility
    UPS said it will invest more than $400 million to build a new regional package sorting facility on Atlanta's west side. The express carrie...
  • HMM, Korea Line bid for Hanjin's assets
    Hyundai Merchant Marine (HMM) and Korea Line have submitted bids for Hanjin Shipping's Asia-U.S. route, according to Korea's Yonhap News Ag...
  • Commentary: Demonizing free trade agreements
    If there's one thing that the recent, divisive United States presidential election has shown, it's that the general public in this country-...
  • Rand Logistics posts sharp drop in net income, revenues
    Rand Logistics, Inc., a provider of bulk freight shipping services throughout the Great Lakes region, reported net income applicable to com...
  • Ocean carriers form VSA on Asia-Australia loops
    Mediterranean Shipping Co. (MSC) announced a new vessel sharing agreement (VSA) on the Asia-Australia Wallaby and Panda services. The new ...
  • Executive Moves: Envirotainer and B&H Worldwide
    Michael Berg has been appointed chief executive officer of Envirotainer , a provider of cold chain cargo-handing equipment for air transpo...

The Bunker Bulletinweb site
NOVEMBER 10, 2016
  • Oil falls on IEA warning; surging US equities cap declines
    The IEA said Thursday that the global oil market could remain in surplus if OPEC is unable to finalize a deal limiting production to between 32.5 million and 33 million b/d.
  • USGC 3%S fuel oil strengthens to underlying swap on export demand
    S&P Global Platts assessed USGC 3%S fuel oil Thursday at $37.35/b.
  • FEATURE: Rival 2020 bunker solutions go head-to-head in Gibraltar
    LNG bunker supporters and scrubber enthusiasts debate how best to cope with rising fuel costs
  • Hamburg bunker supplier Maxcom adds ECA fuel to service offer
    Bunker supplier Maxcom can now supply ECA-ready bunker fuel at the German Baltic port of Hamburg.
  • External: Praxis Energy Agents S.A
  • Bunker convention sees heated debate over mass flow meters
    "We have some of these ports in Europe where supplier after supplier has been cheating, and the authorities don't do anything about it."
  • Istanbul bunker supplies tighten on fourth day of bad weather
    Supplies of bunker fuel at Istanbul were tightening Thursday as bad weather in the Bosporus and Black Sea continued.
  • External: Wired Bunkering
  • FEATURE: Increased blending due to IMO 0.5% sulfur cap set to raise cat fines
    Cat fines likely to increase costs incurred by shipowners
  • FUTURES 2: Oil on the upswing despite lackluster fundamentals
  • Shell Indonesia lubes plant ramps up output on strong marine demand
    Indonesia's maritime highway program boosts demand for marine products including lubes
  • FUTURES: Crude steady as markets digest Trump win, US stock build

›››File
FROM THE HOME PAGE
Signed the act for the rebalancing of the concession in chief of Venice Terminal Passengers
Venice
Spain : The aim is to "create a new normal", which is aimed strongly at an upper-middle customer segment, with the aim of creating a pole for luxury cruises in Venice, " he said.
In October, freight traffic in the ports of Genoa and Savona-Ligure
Genoa
Recorded increases of 2.5% and 21.9%, respectively. It continues the downturn of cruises in both scallops
Fincantieri has delivered the new cruise ship Viking Vela to Viking
Trieste / Los Angeles
Can accommodate 998 passengers
The government of Montenegro wants to bring the port of Adria back under state control
The government of Montenegro wants to bring the port of Adria back under state control
Podgorica
Will evaluate the possible acquisition of the majority stake in the Turkish Global Ports Holding
China's seaports handled record cargo traffic for October
China's seaports handled record cargo traffic for October
Beijing
Containers amounted to over 24.4 million TEU (+6.2%)
Stable the traffic of goods in the port of La Spezia in the period of July-September
Stable the traffic of goods in the port of La Spezia in the period of July-September
The Spezia
Marina di Carrara has been recorded a decrease of -15.6%
At Spezia they don't want a president of the AdSP "parachuted"
The Spezia
They ask for a president "plug & play" able to deal with the problems right away
Defined the location in the port of Gioia Tauro of the construction site for the bridge over the Strait of Messina
Joy Tauro
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
Ankara
Expected the realization of a terminal container
T&E calls for EU measures to limit ship speed and greater use of wind propulsion
Brussels
Summary complaint of the organization on the progress made by the shipping industry for decarbonisation
To extend the customs corridor to goods in export and on transhipment in the port of Spezia
The Spezia
He was speaking at a meeting between the AdSP and the Customs Agency.
After Maersk, Hapag-Lloyd also initiates an agreement with Chinese Goldwind for supplies of green methanol
Messina (Assshipowners) : yes to the environmentalist push, but the timing and the ways are wrong
Rome
Local, often untimely, local norms have the only effect of moving traffics out of the Old Continent.
Port of Ravenna, final visit of the EU representative to the project "Ravenna Port Hub : Infrastructural Works"
Ravenna
The European contribution has been more than 30 million euros.
In 2023, the performance of road and rail transport services fell in Switzerland.
Neuchâtel
Modal shares remained unchanged
New intermodal service Melzo-Marcianise of Hannibal
Melzo
Two weekly rotations that from the first quarter will rise to three
PSA and Evergreen to jointly operate container terminal in Singapore
PSA and Evergreen to jointly operate container terminal in Singapore
Singapore
The new company will become operational by the end of 2024
In the third quarter economic growth of trade in goods and services of G20
In the third quarter economic growth of trade in goods and services of G20
Paris
Down the value of goods to and from China
Omanita group Asyad will manage the port of al-Suwayq for 40 years
Muscat
The expansion of the stairway and the construction of a quay
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Memorandum of Understanding for the creation of an intermodal terminal in Budapest
Astana
A delegation of the Kazakh KTZ Express to the port of Rijeka
The BIMCO has adopted the FuelEU Maritime Clause
Copenhagen
The European regulation will enter into force next January.
Kenon Holdings (Idan Ofer) announces the next exit from the capital of ZIM
Singapore
Currently owns 19.8 million shares
NIM and EH Group will develop hydrogen fuel cell technologies for shipping
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
Rixi, without the ETS review, European maritime fleets will continue to suffer a competitive disadvantage
Rome
According to the deputy minister, it is necessary to intervene at the root of the problem
PSA Italy continues in purchase of equipment for Marghera terminal
Genoa
Committed total value of 8.5 million euros for three rubber-tyred gantry crane electric
Corsica Sardinia Ferries in search of navigating personnel
Go Ligure
The wanted profiles are different, for machine areas, room and kitchen
Agreement for the digital integration of the FS and AdSP Polo Logistics systems of the Western Liguria
Genoa
New Oriental Mediterranean Service-Adriatic via Malta of CMA CGM
Marseille
Will have a weekly frequency
Brussels to give state aid for 1.9 billion euros to German railway company DB Cargo
Brussels
Renewed the Governing Council of Wista Italy
Milan
Constancy Musso confirmed president
Maersk completes orders to three shipyards for 20 new container ships
Copenhagen
In Yangzijiang Shipbuilding committed for six 17,000 teu ships and two from 9,000 teu. At Hanwha Ocean and New Times Shipbuilding ordered six units from 15,000 teu each
Biagio Mazzotta assumes the post of Vice-President of the Federation of the Sea
Rome
President of Assonave will be running for vice president of ENMC
ESPO calls on the new EU Commission to maintain and strengthen the CEF programme
Brussels
The exhortation is also to better adapt it to the needs of ports and their stakeholders
The agreement on training between the AdSP of the Tirreno Centre Northern, the ITS Academy, " G. Caboto " and the European Escola
Cyvitavecchia
Consultation on the extension of the UK ETS to the maritime sector
London
Shipping would be included since 2026
MSC completes acquisition of a minority stake in HHLA
Hamburg
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
ONE acquires a stake in Jakarta's NPCT1 terminal container
Singapore
It has a traffic capacity of 1.5 million teu per year
Transped orders a mobile crane Konecranes Gottwald for its Porto Marghera terminal
Helsinki
It will be taken in delivery in the second quarter of next year
Dutch Raben Group and Swiss elvetica Sieber Transport make up a joint venture
Oss / Berneck
It will detect the Swiss company's groupage transport activity
Dachser & Fercam Italia has opened a new branch in Arezzo
Bolzano
Three thousand square meters of operational surface area and 400 of offices
Fincantieri initiates agreement with SIMEST for the growth of watermark businesses
Milan / Trieste
Conference for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
Approved the Plan of the Organic Ports of Sardinia
Cagliari
There are 938 workers in the 36 enterprises operating in the scallots
Saipem has awarded an EPCI offshore contract from BP in Indonesia
Milan
Container ship charterer MPCC's revenues fell by -28% in the third quarter
Oslo
Fermerci reports delays and cuts to incentives for rail freight transport
Rome
Paper: Real risk of losing 115 million euros
In the third quarter, traffic in shipping containers of Moroccan Marsa Maroc increased by 5% percent.
Casablanca
Exhaustion of the growth of transshipment volumes
At Samsung Heavy Industries orders for the construction of four 16,000-teu container carriers
Busan
Commits the value of about 781 million
Eni-MSC agreement in the field of sustainability and energy transition
San Donato Milanese
It was subscribed by Claudio Descalzi and Diego Aponte
The Grimaldi terminal in the port of Barcelona has been equipped with Onshore Power Supply
Barcelona
It will become operational in January
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
Conference for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
››› Meetings File
PRESS REVIEW
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
South Korea's HJSC adjusts a salesperson for four new 7,900-teu container ships
Busan
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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