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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:02 GMT+1
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BRIEFS
August 17, 2016
Sched Netweb site
  • Transpacific capacity tightens, spurring US importers to secure space fast
  • LA July down 1.61pc to 687,891 TEU - LB off 7.7pc to 637,091 TEU
  • Singapore July volume rises 0.8pc to 2.57 million TEU, Shanghai up 5.1pc
  • Ship scrapping hits 52 million tonnes, fast nearing 2012 record of 60 million
  • China trade slumps, imports down 12.5pc exports slide 4.4pc in July
  • Charleston takes in 2 postpanamax cranes for Wando Welch Terminal
  • Civil war rages, but Yemen recommences crude oil exports by sea
  • Midway through summer navigation St Lawrence Seaway down 11pc
  • Helen Bentley, an advocate of US maritime industry, dies aged 92
  • Migrant situation deteriorates in Calais putting truckers at personal risk
  • Modi tells Red Fort crowd how he made India's SOEs generate profits
  • US trucking employment rises, reversing five-month decline
  • Crowley orders 7 top loaders, 8 reachstackers for Florida, Puerto Rico
  • APL Logistics uses INTTRA's eVGM to comply with box weight rules
  • Cathay Pacific and Dragonair July volume rises 7.1pc to 158,022 tonnes
  • Lufthansa Cargo takes over time:matters, will run it as separate company
  • US Customs to use IATA Cargo messaging in cross-border data collection
  • French logistics firm Bollore rents 80,000 square feet next to Heathrow
  • Danske Bank freight forwarding index falls off steeply from 54 to 38

IHS Maritimeweb site
AUGUST 16, 2016
  • US now exports more LNG than it imports
  • D'Amico ship officers charged in pollution cover-up
  • Chapter 11 filing spurs union strike threat
  • Torm reduces 2016 profit forecast as product tanker market cools
  • Hanjin Shipping slips into the red
  • South Korean political parties to discuss shipyard aid and management
  • Arrested Intergis bulker freed
  • HMM returns to profit on back of asset sales
  • RCL cuts losses, but Asian freight rates continue to fall
  • Dry bulk rates govern ship scrapping levels, says Precious Shipping
  • Europe so far unaffected by China's Zika import rules
  • Bulker, crew and cargo stranded off Australian coast
  • Myanmar tackles port congestion with new automated customs system

The Loadstarweb site
AUGUST 16, 2016
  • US airlines and forwarders that don't consolidate cargo are 'digging their own graves'
  • Analysis: Maersk Line's parent is facing some difficult financial decisions
  • VICT pleads 'let us grow' and we can save Melbourne's number-one boxport status
  • Hanjin battles on as shippers remain loyal
  • B.I.G. Logistics acquires KFS
  • Agility appoints Frank Guerra its Australasia CEO

Marine Logweb site
AUGUST 16, 2016
  • Navy modifies NASSCO LX(R) design work contract
  • Vane Brothers continues fleet expansion with more tugs
  • Battery hybrid stern trawler offers big efficiency gains
  • Vigor awarded $9.3 million MSC contract
  • Rand Logistics in default on two credit agreements
  • Navy accepts delivery of LCS 7
  • ASRY names Magdy Mustafa acting CEO
  • USCG officials visit BWMS test lab

Lloyd's Listweb site
AUGUST 16, 2016
  • Supramax bulker earnings trending towards five-week high
    Average weighted time charter earnings supported by petcoke moving to India
  • Results round-up
    Rates and results drop like flies across shipping's core sectors, but the mining industry benefited from freight cost reductions
  • Fall in Baltic transhipment hits Hamburg
    Box and bulk figures both down
  • Freight costs fall for BHP Billiton
    While the miner enjoyed lower shipping costs, revenues from its iron ore unit fell
  • South America trades bear brunt of boxship cascading
    Removing tonnage from mainlane services has caused headaches on smaller trade lanes
  • Hanjin Shipping hit by $182m net loss in the second quarter
    South Korea's biggest box carrier expects to wrap up charter rate negotiations early September
  • Handysize bulker earnings recover on Atlantic strength
    Participants optimistic about grains harvest in North America after earlier blip
  • Sinotrans Shipping posts weaker results on tepid market conditions
    Losses widen despite $48.6m scrap-and-build subsidy received from Chinese authorities
  • Precious Shipping disposes of two old bulkers for $2.4m
    Disposals are part of company's strategy to rejuvenate its fleet
  • Yang Ming suffers wider second-quarter loss than rival Evergreen
    Taiwan-listed Yang Ming slips into the red in first half of 2016 from year-earlier profit
  • DryShips commences trading after one-for-four reserve stock split
    Shares are settled at $1.05 at the close of trade in New York

The Journal of Commerceweb site
AUGUST 16, 2016
  • US takes long view in limiting truck GHG emissions
  • CSX enhances US-Canada service with door-to-door offering
  • Equipment lessors ask FMC to reject new LA-LB chassis fee
  • GPA extends contract with regional chassis pool
  • RCL blames losses on intra-Asia overcapacity, reduced feeder demand
  • Jawaharlal Nehru shippers: Liner fees negate import program
  • Hamburg port traffic decline slows as Russian volume grows
  • China details anti-Zika prep for US exporters, but questions remain
  • Continued Inttra growth hinges on bringing shippers into digital age
  • C.H. Robinson Worldwide targets small truckers with app
  • Hanjin swings to loss as charter rate negotiations continue
  • HMM posts profit as asset sales overcome operational losses
  • Myanmar customs automation to aid congested Yangon port

TradeWindsweb site
AUGUST 16, 2016
  • Pyxis lifts modest profit despite softness
    New York-listed products tanker owner's chief executive optimistic for months ahead.
  • North P&I Club lifts free reserves by 27%
    Insurance mutual lifts accounts to $428m as annual gross premium income jumps by 24%.
  • D'Amico lawsuit axed in key US FFA ruling
    Judge says there's no US maritime jurisdiction to enforce UK judgment because FFAs were not tied to shipping deal.
  • Wilson Sons flags strong Brazil exports
    Rio de Janiero-based company says container handling better than tugs, offshore markets.
  • Shipowner slammed for abandoned crew
    Australian ports minister says Five Stars Fujian Shipping has shown "inhumane disregard".
  • Torm chief can't predict IPO timing
    Jacob Meldgaard says company is ready for New York listing but the markets are not.
  • Otto seeks $10.5m from Evya of Mexico
    Singaporean owner takes legal action for the third time in August as it sees previous claim against it dismissed.
  • Schroders slims down Norden stake
  • Rand Logistics defaults on two bank loans
    New York-listed laker owner pursuing waivers and amendments from syndicates led by Bank of America and Guggenheim Corporate Funding.
  • Pan Ocean bounces back and posts profit
    Restructured bulker and tanker owner in the money from April to June as sales go up a fraction.
  • Fearnley Securities raises Torm rating
    Products tanker owner upgraded with analysts noting 2016 forecast revision brings numbers in line with consensus.
  • GMS deal ditched earlier than scheduled
    National oil company hands over termination notice to London-listed owner.
  • Hanjin Shipping sinks into the red
    Restructuring South Korean owner posts near $200m loss in second quarter.
  • DSME logs net loss in excess of $1bn
    South Korean shipbuilder disappoints the market in the second quarter with worse than expected performance.
  • 12 West grows Diana Shipping stake
    US investor emerges as one of the largest shareholders in Simeon-Palios-led bulker owner.
  • Pangaea Logistics profit takes a tumble
    US bulker owner posts marginal profit but CEO Edward Coll is satisfied with positive cash flows.
  • American Shipping delivers on dividend
    Oslo-listed Jones Act owner raises shareholder payout with further increases anticipated.
  • Kawasaki launches bigger LNG tank
    Japanese shipbuilder's new product designed to store up to five times more fuel than current models.
  • Torm trims forecasts as quarterly profit falls
    Jacob Meldgaard-led owner reduced 2016 guidance as it reported a "competitive" second quarter performance from its products tankers.
  • Dry cargo pulls down Sinotrans Shipping
    Hong Kong-listed owner sees dramatic drop in amount of state scrapping subsidies received.
  • Tsakos takes delivery of second Statoil aframax
    US-listed owner gets its hands on latest newbuilding from Daewoo Mangalia Heavy Industries.
  • Evercore: Seasonality hits tanker rates
    Rates do exhibit seasonal weakness in high summer, but other factors at play too.

American Shipperweb site
AUGUST 16, 2016
  • GPA extends agreement with Consolidated Chassis Management
    The Georgia Ports Authority (GPA) said Tuesday it has extended its multi-year agreement with Consolidated Chassis Management (CCM)to provid...
  • Roadrunner partners with Sameday for LTL shipments
    Roadrunner Transportation Systems, Inc. has partnered with Mississauga, Canada-based Sameday Worldwide for less-than-truckload (LTL) shipme...
  • DP World explores moving containers with Hyperloop One
    Dubai-based terminal operator DP World said it will explore moving containerized freight with the Los Angeles-based start-up Hyperloop One....
  • Barcelona box throughput up 13% in first half 2016
    Terminals at the Port of Barcelona, Spain handled more than 1 million TEUs in the first six months of 2016, a 13 percent increased from the...
  • OOIDA: E-logs violate Fourth Amendment rights of drivers
    New government rules requiring the use of electronic logging devices (ELDs) on all commercial trucks does not advance safety and is "arbitr...
  • APL Logistics establishes joint venture in Oman
    APL Logistics Ltd. and Arab Global Logistics LLC established a joint venture in Oman called Arab Global Logistics LLC. APL said the Muscat...
  • Hanjin posts $194m net loss is Q2
    South Korean ocean carrierHanjin posted a net loss of 212 billion South Korean won (U.S. $194 million) in the second quarter of 2016 compar...
  • Port of Hamburg posts decline in throughput
    The Port of Hamburg handled 70.2 million tons of cargo during the first six months of 2016, a 0.9 percent decline from the corresponding pe...
  • Executive Moves: Crowley, Fleet Advantage and CEVA
    Crowley Maritime Corp. , Jacksonville, Fla., has promoted Eric Evans to vice president of strategy, a new position focused on mergers, acq...
  • BNSF Q2 dividend lowest since 2010
    BNSF Railway Co. recorded a $500 million distribution to parent company Berkshire Hathaway Inc. during second quarter 2016, according to re...
  • North American freight market decline continues in July
    The North American freight market continued to decline in July 2016 despite showing some signs of life the previous month, according to the...
  • Pacific Northwest ports offer incentives for longer gate hours
    The ports of Seattle and Tacoma, now operating as a quasi-joint venture, will spend up to $2 million to reimburse terminal operators for ex...
  • Cloud a clear choice for Oracle TMS customers
    Oracle executives on Monday outlined the extent to which customers have gravitated toward the software company's transportation management ...

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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