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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
11:33 GMT+1
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BRIEFS
November 18, 2016
Sched Netweb site
  • Record October for Port of LA with box throughput soaring 16pc
  • 2M Alliance to launch new Ningbo-Long Beach transpacific service next month
  • Shippers fear new container shipping alliances will crush market competition
  • COSCO Corp's Q3 y-o-y loss surges 25pc to US$73m
  • Port of Virginia's box throughput hits a record 238,567 TEU, up 2.2pc YoY
  • Agility's Q3 earnings rise 11pc YoY to US$50m despite 7pc drop in revenue
  • FedEx Trade Networks expands global footprint into Malaysia
  • DHL eCommerce puts US$75m into India air hubs' expansion
  • NPSEL handles over 1,000 TEU through Ningbo Port in October
  • Cathay Pacific combined airfreight volume increases 5.3pc in October
  • Macau becomes air cargo hub for Malaysia and PRD
  • Lufthansa Cargo flies 700 tonnes of 'Beaujolais Nouveau' wine to Japan
  • Etihad subsidiary and Parma Airport strike air freight deal

Exim Indiaweb site
NOVEMBER 17, 2016
  • MOL 'tabletop drill' prepares for serious marine incident
  • Online portal for facilitating trade between India & Iran launched
  • Key port projects identified under Sagarmala
  • Major Ports enhancing their efficiency & productivity: Minister
  • Mumbai Port proposes to develop land & waterfront
  • Status of development of new ports
  • AMTOI spreads its training initiative to Gujarat
  • Export growth encouraging: FIEO
  • Hazchem & Liquid Bulk 2016 to deliberate on critical factors in hazardous materials & dangerous cargo logistics
  • India ranked 78th out of 140 countries in DHL Global Connectedness Index
  • Maritime industry urged to play its role in ensuring a sustainable future

International Transport Journalweb site
  • Sounding the call to revolution
  • The duel of the giants begins
  • Testing key technology for automated driving
  • Investing in Liverpool
  • Good times for port of Los Angeles
  • HGV manufacturer celebrates centenary
  • DSA opens office in Munich
  • Canada-Frankfurt cargo service ready for take-off
  • Loan to enhance goods handling in Chongqing
  • A Belgian-Dutch marriage?
  • Wagon hire business remains weak
  • New MD for DHL Supply Chain in Hong Kong/Macau
  • Etihad's contribution to Africa's economy
  • Using transport platforms reduces CO2
  • Real-time visibility for sensitive shipments with Swiss
  • Shippers close their ranks
  • US short line railroad expands rail service portfolio
  • Industry stalwart for OMA Group

IHS Maritimeweb site
NOVEMBER 17, 2016
  • Ballast water deadline improves tanker scrapping outlook
  • Changwon chamber of commerce boosts STX O&S with refund guarantees
  • Competition authorities approve Stolt-Nielsen's acquisition of JO Tankers' business
  • Swissco Holdings receives payment demands
  • V.Group buys Selandia Ship Management in second acquisition of the year
  • Chinese housing market curbs could weigh 2017 bulker rates
  • Philippines approves controversial new Cebu container port
  • Chinese shipbuilders' orderbooks fall in October
  • Maritime Korea disappointed as Clarksons chosen to handle Hanjin fire sale
  • South Korea courts major BCO investment in shipping assets
  • Pan Ocean profit falls on weak dry bulk rates

The Loadstarweb site
NOVEMBER 17, 2016
  • Intermodal traffic now the only route to growth for Europe's rail freight operators
  • Investment and co-operation in technology key to smarter supply chain visibility
  • Port of Hamburg sees Elbe dredging as crucial to regaining lost throughput
  • Comment: what a Nobel Prize winner can teach us about the air cargo industry
  • Bezos invests billions to make Amazon a top e-commerce player in India
  • Hanjin Shipping's fate to be decided in February
  • 'I used only my mind to fly a plane around Seattle'

Marine Logweb site
NOVEMBER 17, 2016
  • Canada looks for ideas on interim icebreaking capacity
  • MAN Diesel and Turbo to power Global Class cruise duo
  • Pasha poised to place order for LNG fueled box ships
  • Master Marine building four fleet boats

Lloyd's Listweb site
NOVEMBER 17, 2016
  • Diana Containerships takes impairment hit
    Writedown of seven boxships drives company to huge quarterly loss
  • Diana ends banks talks without a deal
    Bulker owner slumps to higher loss after taking hit from containership affiliate
  • Swissco hit with $500,000 claim and share redemption demands
    Swissco rebuffs statutory demand from joint venture partner, while investors call for immediate share redemption coupled with 35% yearly redemption premium
  • Asian MR tanker rates drop to year low as cargo volumes fall
    Benchmark MR Pacific basket on the Baltic Exchange down 16.5% so far this month
  • Capesize steams up to two-year high near $20,000 per day
    A rise in commodity prices is adding extra demand for shipments but some question how long the bubble will last
  • Cosco Shipping to further consolidate overseas container networks
    Listed unit to acquire stakes in five affiliated shipping agency firms overseas for about $11m
  • Höegh profits from high FSRU utilisation under long-term charters
    Step-by-step growth in result anticipated as more FSRUs are delivered to Oslo company
  • Deadline for Hanjin's rehabilitation plan pushed back to February
    Audit firm requires more time
  • DSME labour union accepts restructuring plans
    Move paves way for creditors to provide financial aid to the shipbuilder
  • What will save the shipping industry? Eight industry thought leaders weigh in
    Global shipping markets are suffering some of the worst conditions ever seen. We asked several thought leaders in the shipping and maritime industries to give us their thoughts on what might help companies adjust in these difficult economic times. Here is their advice to shipping industry decision-makers on how to forge ahead
  • NYK takes stake in Maher terminal
    Group builds presence on US east coast ahead of Bayonne Bridge expansion
  • Japan's export newbuilding orders plunge 93% on year
    October deals comprise two bulkers and a product tanker
  • Owners swarm over VLGC time charter enquiry from Bharat Petroleum
    Owners likely looking to dodge frail spot market
  • China Ocean Industry to acquire ship equipment manufacturer
    Group to pay a maximum consideration of $40m
  • AET to strengthen product tanker business, explores external funding
    Company is looking to find the right scale
  • Stolt-Nielsen wins approval from authorities to buy Jo Tankers
    Acquisition scheduled to be finalised by end-November
  • Pasha Hawaii mulls order for two LNG-powered boxships
    Deal will come with the option to construct two more vessels of the same specification
  • Fit for high office
    The Honourable Company of Master Mariners aims 'to recognise excellence' with the launch of a new qualification

The Journal of Commerceweb site
NOVEMBER 17, 2016
  • Agriculture powers US West Coast export recovery
  • US spot truckload rates, volumes on upward trend
  • LA-LB container dwell times reflect industry events
  • Owner-operators sue LA-LB terminals alleging collusion with Teamsters
  • Port of Houston rebranded as Port Houston
  • US rail lobby warns against 'midnight rules' from Obama STB
  • NY-NJ port's Maher Terminals has new owners
  • Pasha Hawaii close to decision on LNG-fueled box ships
  • Russia's AirBridgeCargo notches another record year
  • VTG profit still surging despite revenue dip
  • South Korea seeks heavy BCO investments in shipping assets
  • Low demand, falling rates drag Shipping Corp. of India to second-quarter loss
  • Philippines approves new Cebu container port
  • Asian airlines express concern at rising anti-free trade attitudes

TradeWindsweb site
NOVEMBER 17, 2016
  • Six seafarers from Newlead Granadino repatriated
    Bitumen tanker remains at anchorage in Baltimore Harbour, but crew is doing well.
  • Snapback hits US-listed shipping shares
    Dry-bulk stocks lead correction in New York markets but some names keep upward momentum.
  • Slater to lead Qorval restructuring practice
    Expert says shipping industry's restructuring efforts so far won't be enough.
  • Seanergy capesize talk off the mark
    Rumours linking Greek owner to two SK Shipipng capesize bulkers are inaccurate, sources say.
  • Holth happy with DNB's offshore progress
    Executive says migration of non-performing loans has slowed in shipping and offshore but more provisions will come.
  • DCIX takes $127m impairment hit
    Nasdaq-listed boxship owner pushed to bigger net loss by charge on seven vessels.

American Shipperweb site
NOVEMBER 17, 2016
  • Taiwan grants $1.9b aid to its shipping companies
    The Government of Taiwan has announced a $1.9 billion (60 billion New Taiwan Dollar, or NTD) aid package for the country's shipping industr...
  • NYK Ports acquires 20% share in Maher Terminals
    NYK Ports on Wednesday acquired a 20 percent share in Maher Terminals, which operates a terminal at the Port of New York and New Jersey, NY...
  • Executive Moves: NEHDS Logistics and CVI International
    Final-mile delivery and warehousing company NEHDS Logistics has named Charles Johnson president and chief operating officer. He joins the c...
  • FTR: October truck trailer orders surge 72%
    Truck trailers orders reached 20,200 units in October, 72 percent over the previous month, but down 38 percent year-over-year, according to...
  • BNSF, KCS to start joint intermodal service to Mexico
    Source: BNSF Railway BNSF Railway Co. and Kansas City Southern will offer a new joint intermodal service connecting shippers in the Chicago...
  • Carper named top Democrat on Senate EPW Committee
    Senate Democrats installed Sen. Tom Carper, D-Del., to serve as the ranking party member on the Senate Environmental and Public Works Commi...
  • Pasha Hawaii plans for two new LNG fueled containerships
    Honolulu-based ocean carrier Pasha Hawaii has narrowed its selection down to two U.S. shipyards for the construction of two new containersh...

The Bunker Bulletinweb site
NOVEMBER 17, 2016
  • Aegean eyes IMO 2020 sulfur cap as business opportunity for retail bunkering
    Plans include additional storage and blending capacity.
  • GLOBAL VLCC TRACKER: Saudi departures, Chinese arrivals edge higher
    Weekly departures from Saudi Arabia rose to 28 VLCCs, up by five from the previous week, as output from OPEC's largest producer remains at elevated levels.
  • UPDATE: Aegean's Q3 bunker sales jump 25.76% on year to 4.26 mil mt
    Through the first nine months of 2016, the company's sales totaled 16.6 million mt, a 30% increase compared with the year-ago period.
  • TANKERS: Mediterranean Aframax rates surge on tight tonnage
    "Ten percent of the whole European Aframax fleet is sitting on demurrage," a trader said.
  • Singapore Dec ex-wharf 380 CST bunker fuel term inked at $3-$3.50/mt premium
    Suppported by firmer Dec/Jan timespread.
  • Aegean's third-quarter bunker sales jump by 25.76%
    "We delivered another quarter of solid results against a backdrop of slowness in the container segment and volatile commodity markets."
  • External: Wired Bunkering
  • External: Global Risk Management
  • FUTURES 2: Crude holds ground after EIA shows US crude stock build
  • DuPont says up to 20% of global shipping fleet could have scrubbers by 2025
    IMO's 2020 global sulfur cap decision to stimulate use of scrubbers
  • TANKERS RESEND: FFA revival seen on Persian Gulf-East Aframax route
    The Aframax route, which in the FFA market is known as TD8, predominantly moves fuel oil to Singapore from the Persian Gulf.
  • FACTBOX: The OPEC freeze deal's state of play
    With little progress made on the deal's particulars so far, OPEC officials are spending this week in several meetings across the globe to close some of their gaps.

›››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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