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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:08 GMT+1
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BRIEFS
December 21, 2016
Sched Netweb site
  • HPH, COSCO collaborate in Hong Kong to boost terminal efficiency
  • Maersk wants Hamburg Sud to play Safmarine role, but in South America
  • HSBC head shrugs off fears of Trump sparking US-China trade war
  • Joint venture to develop and manage port terminal in Nova Scotia
  • APMT to build 5m TEU-capacity terminal at port of Tanger Med
  • Rotterdam Port Authority calls for ambitious CO2 reduction plan from IMO
  • Thai National Shippers' Council names NYK best container shipping line in 2016
  • ZTO eyes building cargo fleet as its overseas business expands
  • Lobster exports for holiday season start at Halifax airport
  • New executive vice president of Air France-KLM Cargo is Marcel de Nooijer

Exim Indiaweb site
DECEMBER 20, 2016
  • Allcargo Logistics partners with Sadhguru's Isha Foundation for 'Make a Life' golf jaunt
  • CMA CGM signs partnership agreement with OGEU Group for distribution of all its brands
  • International Code for Ships Operating in Polar Waters to come into effect on Jan. 1, 2017
  • Chennai Port sets new barytes loading record
  • Kandla Port Trust achieves almost 100 pc cashless payments
  • S. R. Kulkarni passes into the ages
  • Sabari Container Terminals adds to its complement of IICL-qualified surveyors
  • Communication of the Provisional Identification Number & Password to dealers registered with VAT department for migration to GST from 16th December, 2016 to 31st December, 2016

International Transport Journalweb site
  • Ready for the mega-ships

IHS Maritimeweb site
DECEMBER 20, 2016
  • Canadian Coast Guard calls for back-up icebreakers
  • ECSA backs EU 'integrated' Arctic policy
  • Virgin places EUR2 billion order for three cruise ships
  • China's Qinhuangdao port warns of profit plunge
  • DSME signs framework agreement with Chevron
  • Marine underwriters under pressure in 2017
  • ASL Marine rights issue oversubscribed, SGD25 million raised
  • Emirates Global Aluminum dry bulk shipping could triple by 2018
  • Restoring trust more important than joining 2M, says HMM chief
  • Hong Kong terminals collaborate to meet alliance needs
  • ONGC issues Swiber Stop Work Order for three India projects

The Loadstarweb site
DECEMBER 20, 2016
  • Swissport cargo handlers set to join 48-hour Christmas strike if talks fail
  • Zim restructures services as it faces life as an independent carrier on the transpacific
  • Happy holidays for air cargo market as peak season extends its run into new year
  • Kerry Logistics continues expansion drive with purchase of Spanish forwarder Bofill & Arnan
  • UK should pay EU fees to avoid supply chain pain, says Bruegel
  • HMM expects improved profitability in Q1
  • Cameron Thorpe new chief executive of DCT Gdansk as Maciek Kwiatkowski retires
  • ACS appoints Francois-Xavier Camus managing director for France

Marine Logweb site
DECEMBER 20, 2016
  • Damen delivers fireboat to Amsterdam Fire Department
  • China returns U.S. drone
  • U.K. MCA and Ardent sign emergency towage agreement
  • Auckland operator adds first of two new cats
  • Noonan named CMA Commodore of 2017
  • Position paper endorses EU polar shipping proposals
  • Ingalls Shipbuilding awarded $1.46 billion LPD 28 contract

Lloyd's Listweb site
DECEMBER 20, 2016
  • Supramax bulker earnings begin descent
    Limited fresh cargoes reported as charterers fulfil pre-festive requirements
  • Jack Noonan of Chembulk to receive CMA 2017 Commodore Award
    Mr Noonan recognised for long, illustrious career in chemical tanker business
  • Bulkers in favour as Greek owners splash $3.5bn on secondhand deals
    Greeks again head the league for buying secondhand vessels
  • Niche container carrier fleet on the rise
    SeaIntel study points to need for consolidation in the niche sector as capacity swells
  • Sharply higher 2017 tanker scrapping will lay foundation for positive 2018
    Next year will be tough but sustained gains are likely in 2018, argues MSI
  • Eleven people missing after vessel collision in China
    Fully cellular containership sank fishing vessel after collision
  • IRISL charters further breakbulk capacity at Antwerp
    Vessels to call at Antwerp port monthly
  • ASL Marine raises $17.4m in rights issue
    Successful fundraising should put independent auditor's concerns to rest
  • Cosco Singapore to request trading suspension
    Move comes after share trading is halted amid parent's consolidation of shipyard businesses
  • ST Engineering yards clinch $95.5m of orders in fourth quarter
    Contracts will not have a material impact on the group's net tangible assets per share and earnings per share this year
  • SITC and K Line to launch China-Vietnam-Indonesia service
    Four 2,500 teu ships will be deployed
  • HMM issues $252m in convertible bonds
    Bond issuance is part of the carrier's creditor-approved rehabilitation plan
  • Rolls-Royce to supply propulsion system for Mols-Linien newbuild
    Passenger ferry to enter service in September 2018
  • HHI orders down 64% on last year
    South Korea's largest shipbuilder only secures 63% of annual target
  • Legal action halts Swiber offshore projects in India
    C-26 Cluster Pipeline, Daman Development Project and the Pipeline Replacement Project-4 impacted by legal proceedings
  • DSME and Chevron extend offshore relationship
    Shipbuilder awarded $2.7bn deal to build an onshore oil production facility in Kazakhstan
  • Eddy Bruyninckx says goodbye to Port of Antwerp
    Jacques Vandermeiren to take over role of chief executive on January 1
  • Calling all graduates with a nose for news
    Want to be a maritime journalist? Applications are now open for a three-month paid internship at a leading global maritime publication

The Journal of Commerceweb site
DECEMBER 20, 2016
  • New Orleans port's COO to take reins early
  • Cabotage calls return as Santos terminal recovers volume
  • NY-NJ port loses East Coast share amid congestion concerns
  • US truck tonnage hits the gas while pricing brakes hard
  • Off-dock yard could speed truck turns at Miami port
  • Liners' potential 'golden age' for profits may be shortlived
  • Mierzwa retires as Galveston port director
  • Hong Kong terminals join forces as alliances challenge ports

TradeWindsweb site
DECEMBER 20, 2016
  • Hapag-Lloyd ship largest through Canal
    First of five 'neo-panamaxes' from Hapag-Lloyd makes move through new Panama Canal locks.
  • US adds to Russian shipping sanctions list
    Ofac blacklists Trans-Flot and Transpetrochart, two tankers and Ukraine's Crimean Ports.
  • Northern launches $505m maritime fund
    Venture comes in partnership with private equity player Eaton Partners.
  • Moody's downgrades streamlined Maersk
    Move leaves the Danish giant with less breathing space in retaining investment grade.
  • Carnival shatters estimates; reveals bullish 2017 outlook
    Higher yields push fourth-quarter result above expectations in most profitable fiscal year.
  • CMA picks Noonan for 2017 commodore
    Connecticut Maritime Association to hand iconic hat to local after picking chief executive of chemical tanker company.
  • ConTex loses two more points
    The Hamburg Shipbrokers' Association index sees weak start to the pre-Christmas week.
  • Boxship collision leaves 11 missing
    Fishing boat sinks off China after clash with Sinotrans vessel.
  • Tallink nets $290m loan as it refinances
    Estonian ferry owner aims to lower finance risk by repaying older credit facility.
  • Mercator wins $17.6m time charter
    Indian owner secures contract that could run for up to four years.
  • Dynacom reaches OW settlement with ING
    Greek shipowner agrees to pay collapsed bunker supplier's main creditor but Aegean Marine still chasing same funds.
  • Another Island Offshore PSV stacked
    Island Dawn removed from the fray as layup total hits 103 in North Sea.
  • Troim rig venture off the ground with $155m
    Borr Drilling completes first equity raise to support Tor Olav Troim's debut solo rig move.
  • Boxship takes on water after grounding
    Hongyuan Marine vessel partially submerged after incident in East China Sea.
  • Viking Supply completes $22m share issue
    Offshore vessel owner banks cash to keep restructuring plan on track.
  • Neste bags Viking Line bunker deal
    Finnish supplier wins low-sulphur fuel contract for Baltic Sea passenger vessels.
  • Havyard wins triple electric ferry order
    Norwegian yard to build three new eco-passengerships for Fjord1.
  • New VLCC price talk ridiculous, Arctic says
    Suggestions of new resale benchmark are misplaced, top analyst explains.
  • John Fredriksen closes door on Clarksons Platou
    Norwegian shipowner confirms he has stopped doing business with world's largest shipbroker.
  • Cosco Corp facing significant uncertainty
    Singapore-listed shipbuilder asks for trading halt ahead of parent's yard restructuring.
  • Giant boxship loses power off Greece
    K Line-chartered vessel towed back to Piraeus anchorage after engine trouble.
  • Fincantieri locks in EUR 2bn Virgin Voyages order
    Italian yard finally reveals value of cruiseship trio as newbuildings become effective.

American Shipperweb site
DECEMBER 20, 2016
  • STB green lights G&W purchase of P&W Railroad
    The U.S. Surface Transportation Board has approved a petition from Genesee & Wyoming Inc. to acquire the Providence & Worcester Rai...
  • Icahn to sell American Railcar to Japanese bank
    Billionaire activist investor Carl Icahn's Icahn Enterprises LP has agreed to sell wholly owned subsidiary American Railcar Leasing LLC (AR...
  • HMM reports profit in Q3
    Hyundai Merchant Marine (HMM) reported a profit of 297 billion South Korean won(U.S. $249 million)for the third quarter of 2016, a turnarou...
  • GCT, Port Authority of NY/NJ break ground on new intermodal terminal
    GCT USA and the Port Authority of New York and New Jersey held a groundbreaking ceremony for the ExpressRail Port Jersey facility on Monday...
  • Seaspan enters agreement to buy four Panamax vessels
    Seaspan has entered into an agreement to purchase four Panamax vessels for $5.2 million each, the independent containership owner and manag...
  • Rickmers admits scrapping youngest containership on record
    Singapore's Rickmers Trust Management Pte. Ltd., acting as trustee-manager of troubled containership owner Rickmers Maritime, has admitted ...
  • Executive Moves: Port of Tacoma, Tulsa Port of Catoosa and Air France-KLM Cargo
    The Port of Tacoma has named Dick Marzano president of the port commission. First elected to the Port of Tacoma Commission in November 1995...

The Bunker Bulletinweb site
DECEMBER 20, 2016
  • BRAZIL DATA: Ongoing recession undermines November refinery output
    The country's refineries produced 1.805 million b/d of oil products in November, a decline of 7.1% from the 1.942 million b/d produced in November 2015, the ANP said.
  • LIBYAN OIL PRODUCTION TO RISE BY 270,000 B/D WITHIN THREE MONTHS: NOC
    The Sharara line had been shut since November 2014 while the El-Fil pipeline had been out of action since April 2015, NOC said.
  • European LSFO structure flips into backwardation on rising Jan demand
    The respective months were last in a deeper backwardation in mid-November when they reached $0.75/mt.
  • Crude futures rise modestly as Libyan output weighs on market
    NYMEX January crude settled 11 cents higher at $52.23/b on expiry. The February contract settled up 24 cents at $53.30/b. ICE February Brent settled up 43 cents at $55.35/b.
  • REFINERY NEWS: Russia's Antipinsky doubled ULSD output, halted fuel oil in 2016
    The refinery said Tuesday that in 2016 it more than doubled its production of Euro 5, or 10 ppm max sulfur, diesel.
  • External: Praxis Energy Agents S.A
  • External: Wired Bunkering
  • FEATURE: Bankruptcy trend continues for energy companies
    Houston-based Key Energy Services on Thursday emerged from bankruptcy, less than two months after having filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware on October 24.
  • UAE's Gulf Petrochem bunker sales target on track despite current restructuring
    On Monday the company said it was restructuring its bunkering division to respond to tough market conditions
  • FUTURES 2: Crude edges lower on uncertain supply outlook
  • TRADER NOTE: Former KIB Energy fuel oil trader joins Total Singapore

›››File
FROM THE HOME PAGE
PORTS
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
ENVIRONMENT
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
COMPANIES
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
PORTS
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INDUSTRY
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
PORTS
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
COMPETITION
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
ENVIRONMENT
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
LOGISTICS
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
SHIPPING
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
PORTS
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
SHIPPING
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
SHIPPING
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
PORTS
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
SHIPPING
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
PORTS
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%)
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
EDUCATION
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
MEETINGS
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
MOURNING
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
SHIPPING
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
PORTS
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
LOGISTICS
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
PORTS
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
SHIPYARDS
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
SHIPPING
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
PORTS
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
COMPANIES
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
COMPANIES
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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