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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:14 GMT+1
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BRIEFS
June 17, 2016
Sched Netweb site
  • HK May off 9.1pc to 1.64 million TEU, S'pore up 1.9pc to 2.67 million TEU
  • NOL appoints new CEO, CFO amid takeover by France's CMA CGM
  • Cosco cuts Asia-USWC capacity by suspending America-Asia service
  • US, India, Japan join naval forces to face South China Sea military buildup
  • LA-Long Beach volume up in May, but LA outgrows LB 10.8pc to 0.8pc
  • Oakland port's night-time gates and operations remain to ease congestion
  • MOL hikes rate US$550/TEU from Malaysia to Mexico, WCSA on July 1
  • PSA wins twice at 2016 Asian Freight, Logistics, Supply Chain Awards
  • CMA CGM to levy worldwide rate hikes from east coast South America
  • Incheon New Port to launch box service to Mideast operated by IRISL
  • N American rail freight falls 17.3pc for single week ending June 4
  • Man gets 12 years for using fake invoice to defraud US Ex-Im Bank
  • India's crowded terrain means bullet train to be elevated over 350 kilometres
  • CEVA renews with Miele for five more years of white glove service
  • Panalpina partners Intershop to launch end-to-end e-commerce platform
  • Iran near to multi-plane deal with Boeing, says ministry website
  • Manchester Airports Group weathers French strike with high cargo volumes
  • Lufthansa Cargo to open new station at Paderborn-Lippstadt Airport

Exim Indiaweb site
JUNE 16, 2016
  • AMTOI activates Grievance Redressal Forum
  • Baltic Exchange to engage newly-formed panelist group
  • Container vessel outperforms in meeting the most stringent environmental standards
  • FINS conference on multimodal logistics today
  • New President plots course for The Nautical Institute
  • Stakeholder comments called for proposed amendments to Shipbreaking Code, 2013
  • UASC intimates of system readiness to implement SOLAS container weight verification requirement
  • New Mangalore Port attracts more cargo from hinterland
  • Railways launches time-tabled container train services & liberalised parcel policies

International Transport Journalweb site
  • On the hook
  • Danish forwarder nets big contract
  • Yusen expanding in Duisburg
  • New York opens purse strings for rail infrastructure
  • Taking the multimodal track in Germany
  • Staking another claim in North Africa
  • Temperature-controlled transport for cut flowers
  • Fulsunge directing in India's western region
  • Connections to Moroccan ports improved
  • Sino-Russian logistics centre in Moscow
  • Röhlig Australia/NZL goes for new CFO
  • Box throughput rising at POLB
  • New train connections in Germany
  • 3PL market dominated by M & As
  • Nonstop from Kazan to Frankfurt
  • Cargolux flourishing in Zhengzhou

IHS Maritimeweb site
JUNE 16, 2016
  • India and Bangladesh begin transhipment operations
  • One Belt One Road promises intermodal benefits
  • Low freight rates have a knock-on effect on carrier service, Maersk says
  • DS Norden sells eight ships in six days
  • Sizing up South Korean shipbuilding
  • Resignation from industry to disruption when container weight rule takes effect
  • Shipowner Daiichi Chuo to settle secured claims by mid-August
  • No obstacles expected to HMM's entry into THE Alliance
  • Samsung Heavy Industries CEO and executives to return salaries

The Loadstarweb site
JUNE 16, 2016
  • Drive for more profit among shippers makes their logistics planning 'a guessing game'
  • Emirates cargo chief paints gloomy picture of peak season and year-end volumes
  • 'A different company' - Atlas Air CEO unveils carrier's express operator ambitions
  • Ship scrapping set to hit record level this year as more panamaxes become redundant
  • New aircraft and new markets for air cargo carriers looking to expand
  • Hanjin family plans share issue for capital increase in Hanjin KAL

Marine Logweb site
JUNE 16, 2016
  • Tidewater Transportation christens two towboats
  • Incat Crowther design for New York's Citywide Ferry system
  • Ireland orders fourth OPV from Appledore
  • Call for EU levy on NOX emissions from ships
  • Scana Propulsion books fishing vessel contracts
  • VIDEO: Fiber rope retrofit for MacGregor subsea cranes
  • Irish Ferries awards OSK-ShipTech RoPax interior contract

World Wide Shipperweb site
JUNE 16, 2016
  • Inchcape Shipping Services warns of brown moth inspections at Chilean ports
  • Coast Guard 13th District to hold change of command ceremony Friday
  • Feasibility study set to begin for Yokohama LNG bunkering facility
  • Port of Los Angeles reports record cargo numbers for May
  • CMA CGM teaming with PSA for Pasir Panjang terminal project

Lloyd's Listweb site
JUNE 16, 2016
  • Seaspan prepared to withdraw ships from Hanjin rather than accept rate cuts
    Chief executive Gerry Wang expresses zero tolerance towards troubled South Korean line's debt for equity swap request
  • Data Hub: Load Factors
    If transatlantic carriers are to tighten utilisation levels then they must learn from last year and resist flooding the trade with tonnage once the peak season kicks in
  • Seanergy looking to expand despite first quarter loss
    Greece-based bulker owner agrees loan amendments and eyes further acquisitions
  • Nordic American Tankers inks $25m suezmax charter
    Contract with ExxonMobil subsidiary is for 30 months
  • You can't replicate what we did back in 2013, says Hafnia
    The happy collaboration of heavy-hitting private equity firms to create a new shipowner is an unlikely prospect in today's financial landscape
  • Data Hub: Trade Statistics
    East Asia box exports shrink as capacity cuts insufficient to offset weak Latin America demand
  • Cosco Shipping Bulker to scrap 2.9m dwt old tonnage
    Chinese carrier says it wants to lead the industry de-capacity for a recovery
  • CMES banks $116m ship scrapping subsidy
    Total scrap-and-build handouts received from Beijing topped $230m between 2015 and 2016
  • Yard Talk | Korean yards restructuring amid democratic checks and balances
    President Park in effect grants sovereign support to Big Three after her party loses parliamentary majority
  • Data Hub: Trade Routes
    Asia-Africa capacity remains too high for demand as service reductions fail to offset increase in larger vessels
  • Norden sells four handysize vessels
    Sale follows disposal of post-panamax vessels last week
  • Global Gateways
    Port throughput figures were significantly dented by weaknesses in key global economies last year, but there were some notable success stories among the doom and gloom
  • Baltic Exchange seeks quorum of brokers for SGX deal
    Update: CSBL chairman says it won't sign new proposed panellist agreement
  • Samsung Heavy Industries plans to reduce workforce by up to 40%
    Executives at Samsung Heavy to give up 30% of monthly pay from July
  • Data Hub: World Fleet Update
    Increase in demolition activity and slowdown of vessel deliveries stunts growth, but whether this will alleviate overriding overcapacity remains to be seen
  • NYK joins feasibility study to explore LNG bunkering at Japan's Yokohama
    Study steering committee begins meeting to look into the creation of a facility development plan by end of the year
  • Diana Containerships charters out post-panamax ship to SeaGo Line
    Contract expected to generate about $1.2m in gross revenue for the minimum scheduled period
  • US west coast ports report mixed results for May box volumes growth
    Results are a reflection of the slowdown in global trade and US retailers' import activities
  • Show me the money: Forwarders at sea and up in the air
    Logistics providers need to keep one step ahead of ocean carriers to make further inroads into their business

The Journal of Commerceweb site
JUNE 16, 2016
  • FMC Chairman: Way to help exporters meet SOLAS obvious
  • Chasing Amazon, shippers pursue clearer supply chain vision
  • IHS Chemicals: 'Bullish' on resin exports
  • Newark mayor presses for cleaner trucks at NY-NJ port
  • Maersk sees 'bumpy' six months of SOLAS
  • HMM poised to join THE Alliance
  • Jawaharlal Nehru, port terminals argue over congestion cause
  • Industry expecting disruption from SOLAS rule

TradeWindsweb site
JUNE 16, 2016
  • Eagle sues Navig8 over pool distributions
    New York-listed bulker owner lodges papers in Connecticut and Illinois courts to seize disputed funds.
  • Box Ships scores payment relief on loans
    ABN Amro and Credit Suisse agree to push back instalments to June 2017 for containership owner.
  • Supplier sues Harkand and Ethos Offshore
    Louisiana's Unique Systems says it is owed $1.9m for diving equipment provided to the offshore vessel Swordfish.
  • Seaspan closes preferred share offering
    New York-listed boxship owner and operator 'recapitalises' company, analyst says.
  • Navig8 Chemical in $91m CMB deal
    Oslo-OTC quoted company completes sale-and-leaseback of three tankers.
  • Grieg Star secures $400m refinancing
    Five banks involved in deal that pushes debt maturities forward until 2021 and beyond.
  • Nordic American pens rare time charter
    New York-listed owner says deal complements existing COA with ExxonMobil.
  • Lloyd Fonds reveals new shipping chief
    Ex-Commerzbank man Klaus Pinter recruited to head maritime activities.
  • Danske: 'Chemical tankers set to shine'
    Danske Bank says sector will enjoy improved fortunes from next year; consolidation ahead.
  • ABG Group seeks sale of 17 vessels
    UK broker drafted in to handle disposal of merchant and offshore ships at Indian yard.
  • Michel Temer hits back at Machado claims
    Interim president of Brazil shoots down testimony of Sergio Machado that implicated him in Operation Car Wash.
  • Avance Gas leaving benchmark Oslo index
    Norwegian owner slips outside the OBX index in a year that has seen a large reversal in its stock.
  • Norseman withdraws Viking petition
    Offshore vessel owner sees bankruptcy filing in Copenhagen pulled back in a week.
  • Polarcus wins upgrade from Arctic Securities
    Oslo-listed offshore company secures buy rating and higher target price.
  • Marenave faces fleet sale to repay shipping loans
    Banks said to be willing to release owner from any liabilities, paving way for new investor.
  • Commonwealth Bank dumps more Ezion Holdings stock
    Australian bank has reportedly cut its stake in Singapore-listed offshore vessel operator by 16%.

American Shipperweb site
JUNE 16, 2016
  • TMS market going through 'land grab' phase
  • U.S., Canadian officials call for doubling of cargo shipments on Great Lakes
  • U.S. begins Open Skies era with Azerbaijan
  • Chilean ports gird against brown moth infestation
  • Can U.S. trade help lift Canada's sagging economy?
  • Vietnam nabs larger portion of European trade
  • India port regulation caught in two minds
  • Charleston box volumes sag 2.1% in May
  • Port of L.A. enjoys May box boom
  • Amazon slashes shipping fees for certain marketplace sellers
  • COSCOCS rebrands port terminal operator arm
  • CarrierDirect CEO McCandless resigns to focus on project44
  • Report: TMS easiest system to build business case around
  • CORRECTION: Port of Long Beach container volumes see slight bump in May

The Bunker Bulletinweb site
JUNE 16, 2016
  • TANKERS: UKC-USAC MR freight slumps to multiyear lows, back-haul route rallies
  • GLOBAL VLCC TRACKER: Landings in North Asia rise, China at eight-week highs
  • FACTBOX: Comparisons between IEA, EIA, OPEC oil market forecasts
  • PRESS RELEASE: Seanergy Maritime Holdings Corp. Reports Financial Results
  • Lebanon mulls change to lower sulfur gasoil specification: sources
    Market 'last bastion' of high sulfur demand.
  • Buenos Aires, Montevideo IFO 380 CST bunker fuel jump more than $20 on supply tightness
    Driven by winter demand for fuel oil in the Southern Hemisphere.
  • Oil complex brushes aside weaker dollar, weekly US stock draws
    US crude inventories drew for the fourth consecutive week.
  • US DATA: EIA says US fuel oil stocks rise on demand decline
    Implied demand of fuel oil fell to an average of 134,000 b/d for the week.
  • India eyes switch to LNG-fueled barges on the Ganges by end 2018
    Part of pollution reduction plan

›››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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