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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:14 GMT+1
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BRIEFS
May 20, 2016
Sched Netweb site
  • HK April down 9.3pc to 1.57 million TEU, S'pore off 3.8pc to 2.53 million TEU
  • Hong Kong Marine Department sets strict VGM box weigh-in rules for July 1
  • CMA CGM outline own rules on loading containers with VGMs
  • CMA CGM ups Asian port-Pak/west India/Sri Lanka rate US$150/TEU May 22
  • Marseille Fos general cargo in Q1 up 1pc Q1 led by container growth
  • St Petersburg's box terminal sees Q1 volume up 98.6pc to 146,200 TEU
  • Port of Odessa sees 15pc increase in box volume at 112,931 TEU
  • Seaspan Corporation's Q1 revenue up 14pc to US$215 million
  • APL's hi-tech reefers give Japanese perishables new global reach
  • Colombo to announce winning bidder for East Container Terminal next year
  • Kalmar lands deal to heighten 3 quay cranes for DP World Antwerp
  • Protectionist mood grips US Congress making trade deals a 'heavy lift'
  • Done talking, 99pc of American pilots flying for DHL vote to strike
  • Canada's Cargojet back in black for Q1 after two years of losses
  • Turkish Airlines suffers biggest Q1 loss of US$422 million as traffic slumps
  • UK air cargo interests 'must speak with one voice as Amsterdam does'
  • Frankfurt Airport sees 5pc growth in cargo volume to 182,000 tonnes

Exim Indiaweb site
MAY 19, 2016
  • Hamburg Süd publishes new Sustainability Report
  • Investment in training seen as key to tackle predicted seafarer shortage
  • Rising VLGC fleet seen putting further pressure on LPG shipping rates
  • The Swedish Club provides a guide through marine insurance maze
  • APM Terminals Inland Services, South Asia focuses on risk management during Global Safety Day 2016 celebrations
  • APM Terminals Pipavav celebrates Global Safety Day 2016
  • APM Terminals Pipavav registers Q4 FY16 net profit of INR 498 m
  • Kandla Port gets special award from Ministry of Shipping for handling 100 mt
  • ACHAA organises training session on G-Pass Exam
  • DB Schenker opens logistics centre in Bhiwandi, near Mumbai
  • DICT is now a favoured import location
  • Anti-dumping duty imposed on Chinese steel imports
  • South Korea aims to be next entrant in India's Smart Cities mission

International Transport Journalweb site
  • Now it is a fact
  • New IT system under starter's orders
  • New coal transport contract awarded
  • New owner for shortline railroad in Texas
  • Blauert replaces Pierce at Yilport
  • Solution for mobile container weighing
  • St Helena still waiting for airport opening
  • Gigantic logistics control tower project
  • Gecas kicks off B737 P2F programme
  • Swifter sailing between the USA and China
  • HL: new address in Piraeus
  • More than 7.7 km of rail track per day
  • Finland's Little Giant loaded for future transport
  • Five new carrier calls make CMIT boost
  • Green light for new JV postal service
  • Top tier appointment in Madrid
  • Air China now linking Frankfurt to Shenzhen

IHS Maritimeweb site
MAY 19, 2016
  • US ship recyclers eye new European market source
  • Equity access thaws a little for biggest shipping names
  • Frangou keeps door ajar for related-party loans
  • Data convergence in shipping returns on the agenda, but 'one slice at a time'
  • Update: Several commercial ships involved in EgyptAir missing flight search
  • Thirsty China absorbs US chemical exports
  • Orderbook indicates need increasing for stainless steel-coated vessels
  • Chemical cargo demand forecast to surge by 2020
  • Tanker Investments to deleverage
  • Bumi Armada and Dialog tip to shine against downturn
  • China's clean fuel rule sends Singapore sales soaring
  • Tokyo court approves Daiichi Chuo rehabilitation
  • Hyundai Heavy Industries mulls sale of non-shipbuilding business
  • Throughput grows at Cosco Pacific's China and overseas terminals
  • Chinese port volumes rise in first four months
  • Sinopacific Shipbuilding parent company fails to make USD61.2 million bond payment
  • Tough going for Petronas as turnover and profits dip
  • First round of HMM charter negotiations fails

The Loadstarweb site
MAY 19, 2016
  • HMM could be in receivership tomorrow, putting chartered ships and cargo at risk of arrest
  • With cargo still under pressure, Cathay Pacific chief demands spending cuts
  • Competition among US east coast ports for perishables heats up as facilities increase cold storage space
  • Silk Way AN-12 crashes with loss of seven crew, as EgyptAir investigators focus on CDG groundstaff
  • Amazon now looks at licensing or buying freight forwarding technology
  • Industry reaction to Maersk's remote container management 'game-changer'
  • Ramon Genemaras appointed XPO Logistics' chief transformation officer
  • Mass lay-offs loom in South Korea as corporate revamp starts

Marine Logweb site
MAY 19, 2016
  • USCG issues warning on potentially dangerous distress signal
  • Vittoria Shipyard unveils 60 knot Interceptor
  • First findings of wind propulsion study to be released
  • First ALP Maritime SX17 named at Niigata
  • VIDEO: Davie responds to Canada's new ferry initiative

World Wide Shipperweb site
MAY 19, 2016
  • Port of Anacortes announces changes to current staff
  • US rail feight traffic totals roll to negative side for week
  • APL sees big decrease in carbon dioxide emissions
  • Retired WSF vessel HIYU to be sold later this year
  • Coast Guard rescues two men from sinking 40-foot vessel

Lloyd's Listweb site
MAY 19, 2016
  • Marmaras buys capesize from Hyundai Merchant Marine
    Hyundai Trust is second cape bought by Greek owner in recent days
  • Panama Canal allays safety concerns
    New locks will be safe for tugs, says ACP chairman of the board of inspectors Capt Rodrigues
  • Hellenic Carriers sells oldest bulker for scrap
    Newly private Greek owner lines up loan restructuring
  • Is the maritime industry up to speed on cyber security?
    Research suggests the industry is not as well-prepared as it should be in countering the threat of cyber attacks
  • Finding Elon
    Shipping gets two CO2 monitoring and reporting schemes, but the growing concern is whether it can remove CO2 altogether. Does it need Elon Musk?
  • Balancing the books
    Lee Meyrick was one of Lloyd's List's people to watch in marine insurance for 2016. He now marks three years as head of XL Group's marine business
  • Owners and banks confront their brave new world
    The leading lenders to Greek shipping are changing at a rapid clip
  • Ports and politics
    Proposed EU ports regulations have raised the ire of private port operators across the continent and beyond
  • Time running out for mid-sized box lines
    Tough choices ahead as carriers with modest market shares and limited resources ponder their future
  • Testing the waters
    Greek shipowners are a resilient bunch and will look to put on a good show in Athens despite deep austerity measures
  • Greeks answer the call of dry bulk tanker trends
    LLI data suggests Greeks are maintaining their prominent presence in global shipping trades
  • Greeks keep their foot on the gas
    Small gas shipping fraternity stands out for expansion, but the world's largest fleet continues growth in all sectors according to LLI data
  • Greece's European problem
    Shipping has no appetite for a Brexit, so it may be a bit off-message to suggest a certain frustration with Brussels. Here goes anyway
  • Hafnia profit slips as trading falls on oil products abundance
    Robust supply of oil products led to inventory and storage build in most regions
  • Last men out
    Despite the rising cost and uncertainty of being based in their crisis-stricken homeland, Greek shipowners have so far stood their ground
  • Roll out the blue carpet
    Buoyed by record attendances, this year's Lloyd's List Greek Shipping Awards will be presented on December 2 and will be judged by a prestigious panel including four new faces
  • Teekay Corp reports first-quarter net loss
    Factors undermining results include higher voyage, vessel operating and time charter hire expenses
  • Tanker Investments sees spot rates dip
    Revenues lifted by addition of six suezmaxes
  • China's back, lifting capes - or is it?
    Recent data signals have increased buying appetite for iron ore and coking coal from China as its real estate market booms
  • Good earnings, bad valuations: the curious case of crude carriers
    Secondhand prices are facing downwards trends regardless of freight market development
  • It's not over yet!
    No-one is rushing to declare the storm is at an end for Greece's ferry lines
  • Technomar takes its time
    A number of Greek shipping's latterday trends meet in Technomar Shipping, the country's third-largest boxship manager
  • Moody's cuts Navios Partners' ratings on liquidity concerns
    Recent debt payments, parent troubles and financial issues at HMM and Hanjin lead to downgrade
  • Seaspan secures more than $540m in debt and equity financing
    Company also renews its $150m unsecured revolving credit facility with a number of banks
  • UASC shareholders to vote on potential Hapag-Lloyd deal
    UASC and Hapag-Lloyd still in talks; UASC shareholders to vote on June 2
  • South Carolina Ports' April container volumes down 6%
    Port authority expects increased throughput in coming months on completion of Panama Canal expansion
  • Port of Wilmington proposes $300m expansion plan
    Twenty-year master plan calls for more investment from private sector

The Journal of Commerceweb site
MAY 19, 2016
  • Air India settles in US to close 10-year price-fixing lawsuit
  • US infrastructure funding plan would tax shippers
  • Spring brings little heat to US freight economy
  • Charleston port scraps plan to charge exporters for container weighing
  • Portland port's container future uncertain after last service exits
  • SOLAS proposal could provide major breakthrough for US exporters
  • Slide show: US ports gaining Asia import market share
  • US Congress asks FMC if liners' SOLAS approach is lawful
  • Container lines' costs jump on tougher green fuel rules
  • Suez Canal toll rebate fails to lure back lost services
  • China slump cannot keep Cosco Pacific from growth
  • UASC to vote on possible Hapag-Lloyd merger
  • GLP profits on global industrial real estate expansion

TradeWindsweb site
MAY 19, 2016
  • Oh Canada! Thanks for ro-pax spend
    Quebec-based Davie looks to fill shipyard as new loonies loom for ferries.
  • DryShips stops paying loan interest, too
    George Economou-led shipowner makes debt payment suspension complete amid continued negotiations.
  • Frangou puts $50m loan behind her
    Earnings call emphasises the benefits of relationship between Navios entities
  • Time to 'chew' not grow for Teekay Tankers
    Chief executive Kevin Mackay says integrating prior acquisitions is still the focus for Teekay Corp spinoff.
  • French strikes could help ex-US MR tankers
    Nationwide labour strife threatens refinery closures, impacts ports and cancels ferry transits.
  • French strikes could boost MR tankers
    Nationwide labour strife threatens of refinery closures, impacts ports and cancels ferry transits.
  • Sulphur caps to raise costs for shipping
    Study sees costs up 25% to 85% for cleaner air, but enforcement won't be easy.
  • CalMac wins $1.3bn Scottish ferry contract
    State-backed operator beats Serco to huge eight-year deal for Clyde and Hebrides services.
  • Baltic spearheads drive for common standards
    London exchange ready to host attempt to standardise online shipping business protocols.
  • Master critical of TOTE safety response
    After asking company to report holes on El Morro to US Coast Guard, captain said it was not immediately disclosed.
  • Navios Acquisition a cent ahead of estimates
    Tanker owner reports strong Q1 performance as it stretches management deal with parent company.
  • Sponsor steps up at Capital Product
    Evangelos Marinakis-backed Capital Maritime snaps up units and launches plan to buy more.
  • Dynagas comes clean on FSRU interest
    Greek owner confirms it could order LNG regasification newbuildings.
  • Ocean Shipbrokers grows London S&P team
    Craig Taylor tells TradeWinds further recruits and overseas expansion likely.
  • SCF increases Q1 profit to $103m
    Russian owner boosts margins in strong three months for tankers.
  • Restructuring Reach partners with Aibel
    Oslo-listed company targets expanded customer base through cooperation with Swedish firm.
  • Hafnia Tankers extends profitable run
    Mikael Skov-led owner books first quarter results which show a slight market softening.
  • Bondholders okay Hanjin Shipping debt freeze
    Investors agree to roll over interest payments for another four months.
  • Damen sells fast ferry to Korean company
    Shipbuilder completes fourth vessel sale to Far East Asian operators in the last five years.
  • Teekay Offshore boosts income in Q1
    Shuttle tanker owner reports bigger adjusted net profit in the first quarter.
  • Teekay LNG talks up Yamal funding
    Owner strikes positive note on newbuilding loans as it completes Centrofin suezmax sales.
  • Daiichi wins creditor approval for 'rebirth'
    Japanese bulker player set to exit court bankruptcy proceedings in next few weeks.
  • Hellenic scraps last 1990s-built bulker
    Greek owner says Hellenic Wind to be scrapped for $2.88m, a book loss of $7.9m.
  • Teekay Corp strides to boost balance sheet
    Torben Karlshoej-founded funds support equity issue, with loans and asset sales also in the works.
  • Teekay Tankers hit by derivatives loss
    Tanker owner sees Q1 profit slip as revenue edges down.
  • TIL stays strong in first quarter
    Oslo-listed tanker owner maintains profit levels, but finance costs increase.
  • TGS hit by $39m tax claim
    Norway demands cash relating to alleged benefits derived from sale of seismic data.
  • Nord/LB loan provisions jump to $488m
    German lender blames deteriorating shipping markets for loss in first quarter, with more pain to come.
  • Gorgon LNG export facility restarting operations
    Return to operation expected to be gradual with next export cargo not expected until at least June.
  • DFDS to charter in ro-ro duo from Siem Group
    Danish ferry operator says it expects to deploy new tonnage on its network in the North Sea.
  • HMM said to have failed to reach charter rate cuts
    South Korean shipowner still in negotiations despite failure to win concessions from owners.
  • Seaspan Corp secures $540m in fresh capital
    Container leasing firm also confirms that Gerry Wang to stay on as CEO until May 2021.

American Shipperweb site
MAY 19, 2016
  • K+N enters partnership with CNH Industrial
  • Shipbuilding layoffs emerge in South Korea
  • NEWS FLASH: OCEMA, six ports collaborate on VGM
  • EU cancels plans to discuss boosting sugar supply
  • Port of Charleston withdraws proposed VGM fee

The Bunker Bulletinweb site
MAY 19, 2016
  • FACTBOX: Major supply disruptions hit oil markets
  • TANKERS: Tanker Investments sees 2016 strong for crude shipping rates
  • PRESS RELEASE: Teekay Tankers Ltd. Reports First Quarter 2016 Results
  • UAE-based Big Port Services has appeals quashed in Singapore court, must pay costs
    Court deemed arrest of the vessel Xin Chang Shu wrongful.

›››File
FROM THE HOME PAGE
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.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
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
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%
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%
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
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
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.
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
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
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
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
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
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
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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