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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:04 GMT+1
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BRIEFS
June 13, 2016
Sched Netweb site
  • A-E rate falls 14pc to US$657/TEU, off 11pc to Med ports, falls 5pc USWC
  • China export value falls 4.1pc in May, imports steady, slipping 0.4pc
  • World Bank's global growth forecast reduced to 2.4pc for 2016
  • DP World-led group to invest US$1 billion in Ecuadorian box shop
  • Panama Canal suspends draft restrictions in panamax locks
  • ECU Worldwide has come a long way in 29 years to become a top NVOCC
  • Shipping containers provide climate-control farming year round
  • Newark logistics firm will provide no fuss-no muss VGMs for US$10 a box
  • BIFA warns members use VGM "grace" period wisely or be penalised
  • VGM promoters 'frustrated' so little done to enforce costly UN rule
  • Posidonia 2016: DNV GL performs first drone production survey
  • Lufthansa Cargo to shed 800 jobs after suffering first quarter loss
  • VietJet finalises order for hundred 737 MAX 200s that will triple fleet
  • Airlines quit Nigeria as economy slows in face of oil price slump
  • Weekly 747-400F freighter service commences between Liege and Luanda
  • Shipment of lithium batteries poses big problem to air cargo sector

Exim Indiaweb site
JUNE 12, 2016
  • CMA CGM's stake in NOL now 78.07 pc
  • Govt of Japan launches feasibility study for LNG bunkering in Yokohama
  • Guidelines for evaluating & awarding tenders for dry-docking & ship repair works floated by govt departments or agencies, including PSUs
  • Industry leaders developing new, 'green' LPG carrier
  • Modern classification solutions presented
  • SCI reinvents service by connecting east & west coast
  • Daimler making a mark in truck exports
  • Adani Ports steadfast on developing Vizhinjam
  • Central Port Authorities Act 2016 to replace Major Port Trusts Act, 1963
  • Chennai Port apprises users on implementation of RFID-based container tracking system
  • JN Port gets MoS award for achieving RFD target in 2015-16
  • Kamarajar Port & Indian Oil Corp. sign Concession Agreement for developing captive jetty
  • Kamarajar Port takes up skill development training for residents of nearby villages
  • KoPT & HICT hold successful trade meet in Kolkata
  • ICD-Hosur facilitating the trade
  • USF wins at 9th AGM awards function of PPL Networks
  • Forex reserves touch record high
  • SECC 2016, on June 24 in Chennai, to feature group discussion on IMO's mandatory container VGM requirement

International Transport Journalweb site
  • Fleet enlarged with DAF trucks
  • Stepping up rail production capacity in Suzhou
  • Exolgan in Argentina: reality bytes
  • FY 2015 favourable for Dutch service provider
  • New Camion Transport warehouse opens in Schaffhausen
  • Railways agree to tie knot
  • Signed and sealed: port of Dili concession
  • Delta Cargo with AF KLM Cargo in Germany and France
  • More changes for fashion logistics specialist
  • Further and more often into the hinterland
  • Yilport to acquire chemicals port company
  • TNT delivering to more locations in Spain
  • De Geytere in pilot seat at AJW Singapore
  • French carrier awards ULD management contract

IHS Maritimeweb site
JUNE 10, 2016
  • Refinancing would stave off Genco 're-bankruptcy' threat
  • Shipping sees more signs of life in US capital markets
  • Royal IHC sells Easydredge 3700 to Cuba
  • Australian port state control empowered to ban non-VGM SOLAS compliant containers
  • Dae Sun Shipbuilding & Engineering puts together self-help plan
  • Otto Marine wins USD14 million shipbuilding contract
  • STX O&S may cancel low-priced orders to recover profits
  • Arctic sees strong VLCC earnings till end of 2018
  • Frontline buys two VLCC newbuildings from HHI
  • HMM seals charter deal, KDB pledges support in ordering ULCSs
  • Japan mulls LNG bunkering for Yokohama port
  • Bollore signs historic deal for Timor-Leste's huge new port
  • CMA CGM becomes majority shareholder of NOL after Temasek accepts offer

The Loadstarweb site
JUNE 10, 2016
  • THE Alliance beckons HMM as containership owners agree 20% charter rate cuts
  • A supply chain revolution: from globalisation to regionalisation in just five years
  • In-out, in-out, shake it all about - a vote that could prove no party dance for UK logistics
  • Learning behind bars: women inmates beat expectations in logistics training
  • Photo special: first ship passes through Panama Canal's new locks
  • Another senior executive quits TNT: UK B2B express chief Marianne Culver

Marine Logweb site
JUNE 10, 2016
  • U.S. Navy admiral cops plea in Fat Leonard case
  • Neopanamax makes training transits of expanded canal
  • Ulstein starts sea trials of X-Stern SOV
  • VT Halter Marine delivers ATB tug to Bouchard
  • Ship repair deals struck at Posidonia

World Wide Shipperweb site
JUNE 10, 2016
  • Port of Portland Commissioners set Troutdale Airport future plan
  • Foss Maritime boosting Portland terminal services
  • Coast Guard mobile medical unit participates in emergency respose drill
  • Port of Seattle welcomes Sea-Tac to Munich flights
  • Vessel begins test transits of new Panama Canal locks

Lloyd's Listweb site
JUNE 10, 2016
  • Norden sells four post-panamax vessels for a loss
    Shipowner to focus on supramax and panamax only
  • EU 'likely' to take Greek tax probe to next stage
    Shipowners' leader Veniamis warns case against Greece will not be in European shipping's interests
  • India's record diesel demand boosts product tanker trade
    But how long can it last with summer demand already peaking?
  • Capesize rally fights off holiday rates pressure
    Solid sentiment in the Pacific sees rates rise
  • Viking Supply Ships under bankruptcy pressure
    Norseman Offshore petitions Copenhagen Court to get $2.5m unpaid charter fees
  • Seaspan: Access to capital is its strongest suit
    Containership company raises $100m in new preferred shares
  • Hyundai Merchant Marine successfully concludes charter rate negotiations with owners
    With this, HMM will have completed all the restructuring measures that it announced in February this year
  • Atlantic Navigation makes $45m offshore vessel order at Chinese yard
    Vessels will be delivered in the third quarter of 2017
  • Otto Marine secures $14m newbuilding product tanker contract
    Vessel expected to be delivered in second quarter of 2018
  • NOL's key stakeholders accept CMA CGM's all-cash offer
    Moves boosts CMA CGM's NOL stake to 78.07%
  • Shipyards join rush to find smart shipping
    HHI latest yard to announce expertise in digital solutions, yet industry has no answer to data ownership issues
  • Rates dulled amid lacklustre VLGC chartering
    Owners taking home less than $15,000 per day for Middle East to Asia spot voyages

The Journal of Commerceweb site
JUNE 10, 2016
  • Trucking operator to challenge heavy fine for driver dismissal
  • Container lines' SOLAS guidance compiled by US forwarders, brokers
  • GRIs fail to prop up trans-Pacific, Asia-Europe spot rates
  • Bargains in breakbulk? Drewry analyst thinks so
  • Jones Act exemption swatted down in House committee
  • Chennai port automates gates to speed truck moves
  • HMM deal with shipowners paves way for mega-ship orders
  • Bolloré to develop new top container port for Timor-Leste

TradeWindsweb site
JUNE 10, 2016
  • Top executive pay drops at Tidewater
    US offshore vessel giant pays five leading executives 11.9% less in fiscal 2016.
  • Viking Supply in red for first quarter
    Christen Sveaas-backed firm reports loss as offshore utilisation rates remain low.
  • Genco deal 'provides roadmap' for peers
    Deutsche Bank analyst says new $400m term facility $125m equity injection could work for other bulker owners.
  • Bahri aims to bat down $13m docker claim
    Saudi shipowner's lawyer says it had no way of knowing shipped forklift's emergency brake was defective.
  • Genco Shipping gets relief on debt load
    Bulker owner secures runway through 2018 with refinancing, new equity
  • Norden sells last owned post-panamaxes
    Danish bulker owner offloads four ships as it looks to focus on supramaxes and panamaxes.
  • Minoan raises offer to take over rival HSW
    Grimaldi-controlled company intensifies its effort to take control of Greece's largest ferry operator.
  • STX CEO: worst-case scenario avoided
    Lee Byung-Mo says shipbuilder 'fortunate' to have avoided collapse.
  • Tsakos orders more LR1s at Sungdong
    Greek group returns to Korean yard in deal worth up to $170m
  • Sinokor Merchant Marine boosts 2015 profit
    Operating earnings rise as Korean owner's annual revenue tops KRW 1 trillion for first time.
  • HMM clinches charter-cut deal
    Korean owner reaches crucial agreement to reduce boxship fees 20% and bulker payments by 25%.
  • Neste charters Sirius bunker tanker
    Finnish group uses Danish vessel in Helsinki as it develops lower-sulphur fuels.
  • Bankruptcy petition filed against Viking
    Norseman Offshore, owner of one AHTS controlled by Viking, submits application in Denmark.
  • Indonesian cargoship sinks after flooding
    Government landing craft goes down off Banyuwangi after taking on water.
  • Metrostar sale shows sharp fall in VLCC prices
    John Fredriksen's Frontline has bagged HHI-built tankers at just $4m above previous cyclical low, analysts say.
  • HMM looks to the future after clinching charter-cut deal
    Korean owner reaches crucial agreement to reduce boxship fees 20% and bulker payments by 25%.
  • BW LPG recruits Rigault from Inge Steensland
    Sale and purchase broker set to join Singapore-based VLGC player in top commercial role.
  • Frontline confirms VLCC resale deal
    Tanker giant buys two tankers for 2016 delivery and options on 2017 vessels
  • Japan looks to join LNG bunkering bandwagon
    Government teams with commerce to launch feasibility study for the port of Yokohama.
  • CMA CGM takes control at Neptune Orient Lines
    Singapore government investment fund hands over controlling stake to French liner giant.
  • Alma Maritime officially withdraws $225m US IPO
    Stamatis Molaris-led bulker and tanker venture cites "adverse market conditions" for decision.
  • Mermaid Maritime secures additional subsea work
    Thai offshore vessel operator says strategy to expand the geographical reach is bearing fruit.
  • Lenders agree to give ISH breathing room
    But International Shipholding's lessors baulk at request for payment relief as credit facilities face default.
  • Frontline confirms VLCC newbuilding deal
    Tanker giant buys two newbuildings for 2016 delivery and options on 2017 vessels
  • Seaspan funds boxship with $144m lease deal
    Containership owner strikes sale-and-leaseback agreement for post-panamax YM Width.

American Shipperweb site
JUNE 10, 2016
  • Lufthansa's shares fall 5.3%
  • Air Canada begins first dedicated freighter service
  • CMA CGM acquires NOL shares from Singapore's Temasek
  • New intermodal service connects Venice with Scandinavia
  • Survey: Only 10% of motor carriers using e-logbooks
  • China rivals U.S., Europe as growth engine for Asia exports
  • EU seals trade pact with six African nations
  • HMM strikes charter rate deal with containership owners
  • FMCSA to require commercial truck passengers to wear seat belts
  • DOL: Trucker fired for refusing to violate federal safety regulations
  • U.S. pork, beef exports sink in April, while lamb exports skyrocket
  • First neopanamax ever transits newly expanded Panama Canal

The Bunker Bulletinweb site
JUNE 10, 2016
  • Operations at French refineries, ports slowly resuming as strikes continue
  • Finland's Neste to launch high viscosity low sulfur marine fuel oil end-2017
    Will also commission a new solvent deasphalting unit at Porvoo.
  • French shipper CMA CGM reaches majority stake in takeover of Singapore's NOL
    Now owns 78.07% of all NOL shares.
  • AUSTRALIA DATA: March oil product imports rise 33% on year to 575,233 b/d
    South Korea - Australia's biggest supplier of oil products in March.
  • Australia's port of Devonport re-opens after 5-day closure due to storms
    Ferry services across the Bass Strait to resume Friday night.
  • Tight supplies push Guayaquil IFO 380 CST to highest price since December
    RMG 380 prices in Guayaquil were assessed at $275/mt delivered, up $5 from Wednesday, the highest since December 31, according to S&P Global Platts data.
  • Oil complex dips on dollar rebound, crude futures hold above $50/b
    The US dollar arrested its slide against a basket of currencies Thursday.

›››File
FROM THE HOME PAGE
PORTS
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%)
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.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
SHIPYARDS
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
PORTS
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
SHIPYARDS
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
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
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