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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:57 GMT+1
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BRIEFS
May 13, 2016
Sched Netweb site
  • Port of Shanghai's April box volume rises 0.3pc to 3.12 million TEU
  • HPH says it will provide SOLAS weigh-in services at its terminals
  • APM Terminals offers worldwide container weigh-ins at 29 locations
  • CMA CGM offer new Baltic to Levant fast service for fruit and veg
  • CMA CGM ups Asia-W Africa rate US$300/TEU and $150/TEU to E Africa
  • Maersk welcomed back to Liverpool via Seago unit after 10 years away
  • 204pc fake invoice surge indicates belief in coming yuan devaluation
  • DHL operating profit up 21pc to US$997 million, but sales off 6.1pc
  • XPO unions to besiege shareholders to redress US and European grievances
  • US e-waste still finds Asian recycling markets despite BAN campaign
  • Euro banks ready to do business with Iran, but fear US lingering sanctions
  • Iranian non-official news agency takes note of IRISL's Alphaliner ranking
  • Emirates 2015 profit increases 50pc on fuel, though revenue slips 3pc
  • MASKargo starts A330-200 freighter service to Zhengzhou
  • Future bright for CAL's transitioning perishables from Israel, Europe

Exim Indiaweb site
MAY 12, 2016
  • Aberdeen Container Lines expands service network in Africa
  • CMA CGM launches Baltic Levant Express service offering direct connection between St. Petersburg & Eastern Mediterranean region
  • Kalmar hosts first Terminal Automation Summit to share knowledge on port automation
  • New container line alliance hinted at
  • Chinese exports to India increase manifold
  • APM Terminals to provide container weighing services at many locations
  • DICT opens a contemporary bonded warehouse that will enable its patrons to manage cash flows
  • Rail connectivity projects to Bangladesh & Myanmar sanctioned
  • Fieo highlights business prospects in Sharjah's SAIF Zone in Ahmedabad
  • A wide-ranging deliberation & acknowledgement of excellence

International Transport Journalweb site
  • The future is already here
  • SBB lauded for energy saving system
  • Centerpoint names US west coast SVP investments
  • Hoyer enhancing road/rail connections
  • Brownfield site for development in Netherlands
  • Port of Valencia heading for Antwerp
  • Rail upgrade in Zagreb area starting soon
  • New chairman for 50 year old Saddle Creek
  • Delivering to car boots
  • Cargolux appoints new EVP Global Logistics
  • Sunshine not showers for Fraport in April
  • Australia: building on signal technology portfolio
  • Combination of NKX and CHS3 services by MOL
  • DVB: net income before taxes declines in Q1
  • Seaborne selects business development director
  • ICTSI: more volume, less revenue in Q1
  • Truck maker opens test lab in Brazil
  • 50th B777 for Qatar Airways
  • Ink still drying on CP/LH Cargo pact

IHS Maritimeweb site
MAY 12, 2016
  • Slumping stocks holds back tanker consolidation
  • US seeks "quick wins" towards 100% container scanning
  • Carnival gives new vigour to flagship brand
  • Gloomy outlook for Singapore's offshore firms
  • Why Japanese carrier weakness should worry alliance planners
  • Passengers rescued after fleeing burning vessel on Great Barrier Reef
  • Fincantieri claims Q1 was 'turning point'
  • Sharp fall in Q1 profits for DVB
  • Hanjin Shipping sells Capesize for USD38 million
  • Dae Sun scores chemical tanker order from HNCC
  • Iron ore exports from Port Hedland to China rising 8.2% y/y in April
  • Winning International Group expected to step up chartering in July
  • Cosco acquires 35% stake in Euromax Terminal
  • Vard back to profit in 1Q16
  • BHP to ramp up production but little spin-off for shipping
  • LNG shipping rate slump could persist through 2020

The Loadstarweb site
MAY 12, 2016
  • Airlines eye scheduled freighter operations as Heathrow pushes cargo up priority list
  • Big ship craze spreads to UK shortsea shipping, but will VGM rule drive cargo to the roads?
  • Don't wait for Whitehall advice on VGM regulations, talk to carriers now, shippers told
  • ATSG delays take-off of Chinese express cargo carrier, but snaps up a fleet of 767s
  • Lufthansa and Cathay Pacific launch air cargo network between Hong Kong and Europe
  • SEKO seeks new US partners as Terence Madl takes on network development role
  • DHL Global Forwarding sees results improve as Deutsche Post implements new measures

Marine Logweb site
MAY 12, 2016
  • Over reliance on GPS poses dangers
  • VIDEO: Davie makes progress with Project Resolve
  • Damen to supply ASD tug to Ian Taylor Peru
  • LNG fueled icebreaker starts sea trials

World Wide Shipperweb site
MAY 12, 2016
  • 'Seattle Day' celebration marks start of Xiamen/Shenzhen flights to Sea-Tac
  • Freight transportation index down during month of March
  • US rail freight traffic total slides lower during week
  • Port of Vancouver taps developers for Terminal 1 upgrade project
  • Bellingham International Airport earns Allegiant Airlines honor

Lloyd's Listweb site
MAY 12, 2016
  • Team Tankers enjoys better freight rates in first quarter
    Overall operating performance of chemical tanker operator little changed on year
  • Myanmar's crossroads
    The history lessons that repeat themselves
  • Want to work for Lloyd's List?
    The leading source of maritime news is looking for a London-based news reporter
  • Deserted in Hong Kong, crew of casino ship seek wages back
    Court seizes New Imperial Star upon request of seafarers on board
  • Data Hub: Trade Routes
    Trade to South America is being conducted on fewer, bigger ships. But the reduction in tonnage has not led to a reduction in capacity, and pressure on rates remains
  • Product tanker rates lack upwards momentum despite charter activity
    Vessel oversupply continues to pressure rates, though minor gains are seen in some trades
  • Iran, Iraq and UAE raise Opec output
    IEA is sceptical on whether Saudi Arabia will add to further output rises
  • Cheniere appoints Fusco as chief executive
    New boss has a task on his hands as the LNG export company strives to turn a profit for the first time
  • Data Hub: Load Factors
    Transpacific utilisation levels remain under pressure
  • New alliances under the spotlight
    2M and Ocean Alliance look evenly matched
  • DSV-UTi integration 'progressing as planned'
    European group helps limit forwarding losses while air and sea division continues to take market share
  • Topaz secures Kazakhstan oilfield contract for 15 vessels
    Deal with consortium to supply ships to oil field in Kazakhstan is worth more than $350m
  • HHLA box volumes down in first quarter
    Container throughput levels fall 7.7% and revenues slide 4.1%, but Hamburg terminal operator forecasts greater stability for the rest of the year, with box numbers bottoming out
  • English Channel capacity growth lifts DFDS
    Shipping division revenue gains boost ferry operator to best first quarter
  • ICTSI first-quarter profit falls 22% on start-up costs of new terminals
    Philippines-based ICTSI handled 4% more volume in the first three months of 2016
  • US box port throughput slows
    Import figures down as consumer spending falls
  • Qingdao Port stretched to limit by surge in tanker business
    Port is in vicinity of teapot refineries that import crude oil
  • Insurance industry urged to unite in adoption of Insurance Act
    Quick fixes are no solution to biggest insurance shake-up since 1906, warns consultant
  • Malaysia's Nam Cheong swings to loss in first quarter
    Revenue hurt by contract cancellation for a vessel in advanced building stage
  • Global Liner 2016: Prolonged overcapacity spells trouble for the industry
    Analyst paints a bleak picture for box lines as supply still outstrips demand and freight rates remain in the doldrums, while APM Terminals chief Kim Fejfer says ports and terminals are at a critical juncture
  • Diana Shipping draws down $13.5m from China Exim bank
    Amount is secured by Maera panamax dry bulk carrier
  • Vard swings to first-quarter net profit on foreign exchange gains
    Update: Company looking to tap into cruiseship market through work with parent Fincantieri
  • Chinese shipping lessors could face default risk, says Nord LB
    But leasing giants in China may be 'too big to fall', says Chinese lessor
  • Gener8 Maritime reports record results in first quarter of 2016
    Average spot VLCC TCE exceeds $60,000 with addition of five newbuilding vessels

The Journal of Commerceweb site
MAY 12, 2016
  • US importers accelerate Asia cargo shift to East Coast ports
  • US truckload linehaul, intermodal rates drop lower
  • NY-NJ port eyes more projects to better handle larger ships
  • As volumes rise, ODFL expands terminal network
  • Import rise at LA port signals return to normal patterns
  • NVOCC, forwarders pay steep fines to settle misrepresentation allegations
  • Lufthansa Cargo, Cathay Pacific partner on network
  • Chassis lessor DCLI to be sold to infrastructure fund
  • Idle box fleet dips, set to shrink more in coming weeks
  • Cosco Pacific buys stake in Rotterdam terminal
  • Major Indian trucker moves into refrigerated transportation
  • Strong North Europe traffic carries DFDS to record performance

TradeWindsweb site
MAY 12, 2016
  • Torm sticks to 2016 US listing target
    Danish owner's new dividend policy one of final stops on path from restructuring table to New York Stock Exchange.
  • Creditors agree to joint management of Hanjin Heavy
    Korean shipbuilder to benefit from KRW 100bn debt relief after restructuring.
  • Solvang earnings surge in first quarter
    Norwegian gas carrier owner's result rises despite falling VLGC rates.
  • London P&I Club posts $3.3m surplus
    Insurer lifts 2015/16 free reserve to $160.7m, but investments turned negative.
  • Frangou fights corner as MLP profit falls
    Chief executive points to intra-group advantages and lack of fees as Navios Partners misses forecasts.
  • Farstad says timing of recovery uncertain
    Norwegian owner says no fundamental improvement in Q1 as currency gains contributed to positive result.
  • Scorpio Bulkers reworks loan terms
    Emanuele Lauro-led owner makes prepayment on a number of facilities as part of covenants relaxation.
  • Prosafe scraps three as it sees red ink
    Cyprus-based owner reveals vessel demolition plans as low utilisation causes headache.
  • EMGS starts with a loss of $15.5m
    Norwegian survey ship owner falls to bigger deficit in Q1 as revenue is chopped.
  • Restis scraps last pre-2000 capesize
    Greek owner banks $6.7m for former Dreyfus bulker.
  • Sanoyas sees annual profit down 88%
    Japanese shipbuilder makes less in financial year 2015 despite an increase in revenue.
  • Eidesvik braces for several tough years ahead
    Norwegian owner sees no short-term improvement as currency gains bring positive Q1 result.
  • Wilson falls to narrow loss in Q1
    Norwegian mini-bulker owner hit by falling revenue in first three months.
  • NAO loss widens in first quarter
    Supply ship owner sees revenue slashed in depressed offshore markets.
  • Tallink chops loss in first quarter
    Estonian ferry owner spends $14.5m to improve its vessels as it carries more passengers.
  • GC Rieber suffers due to low offshore activity
    Norwegian owner sees first quarter loss widen on the back of curtailed fleet utilisation.
  • Torm to pay first dividend since 2008
    Danish owner reveals special payday alongside new distribution policy.
  • Shipping woes increase loan provisions at DVB
    German bank says difficult conditions persist in first quarter as it stays cautious on maritime lending.
  • Lower interest bill boosts Team Tankers
    Oslo-listed chemical tanker owner pushes up Q1 earnings as costs fall.
  • DFDS hits record high in Q1
    Danish ro-ro group benefits from higher volumes and bunker savings in first three months.
  • AWB cancellation and forex loss dent Nam Cheong
    Singapore-listed Malaysian shipbuilder says it will look to find ways to offload orphaned vessel.
  • Pacific Radiance slips to first quarter loss
    Lower charter rates and fleet utilisation take their toll at Singapore offshore vessel operator.
  • Vard secures $300m module carrier vessel order
    Contract award comes as Fincantieri-backed shipbuilder returns to profit in the first quarter.
  • CMA CGM stake in Neptune Orient Lines tops 10%
    French liner giant passes new threshold in acquisition of Singapore national flag carrier.

American Shipperweb site
MAY 12, 2016
  • U.S.-flag Great Lakes freighter cargo volumes rise 9.7% in April
  • Kansas City Southern names new CEO

The Bunker Bulletinweb site
MAY 12, 2016
  • Torm sees product tanker rates holding at around $20,000/day in H2 2016
    Volumes of diesel shipped from the US to Europe were down, but aromatics cargoes were up to Asia
  • Gener8 Maritime 'optimistic' market can absorb newbuild VLCCs
    Company takes new vessels to meet oil demand in China.
  • GLOBAL VLCC TRACKER: South Korean arrivals hit to nine-month high
    More African crude heads to South Korea
  • ANALYSIS: Iranian April oil sailings soar
  • Singapore May ex-wharf 380 CST bunker fuel term inked at $0.50-$1/mt premiums
    Reflecting prices buyers are willing to pay relative to published benchmark values.
  • Swedish Trelleborg unveils new LNG bunkering system
    New system removes need for jetty infrastructure.
  • St Petersburg MGO prices rise on restricted availability: sources
    Situation could last for five days.
  • Panama Canal postpones third draft restriction again due to rainfall
    The restriction was originally scheduled to start on May 9.
  • Vancouver marine fuel suppliers expect eventual price impact from Alberta fires
    The Vancouver bunker fuel market moves in sync with the Seattle market.
  • Oil futures surge on draw in US crude stocks, supply disruptions
    US commercial crude inventories fell 3.41 million barrels to 539.98 million barrels for the reporting week ended May 6.
  • US DATA: EIA says fuel oil stocks rise on drop in demand
    US fuel oil stocks have increased by 4.072 million barrels since this point last year.

›››File
FROM THE HOME PAGE
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
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
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
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%
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%
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
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
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.
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
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
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%)
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
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
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
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
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
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
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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