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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
14:53 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
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
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