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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:12 GMT+1
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BRIEFS
May 24, 2016
Sched Netweb site
  • CMA CGM posts US$100 million net loss as revenue declines 26pc
  • Hapag-Lloyd BAF up US$150/TEU on North Asia-Oz run June 18
  • Containership fleet grows 3.4pc, its slowest annual rate in 10 years
  • Hamburg Sud to adopt INTTRA e-VGM Service to facilitate UN compliance
  • Charleston 4-month volume up 2.8pc, but off 6.5pc in April to 157,959 TEU
  • Rupee declines to 7-week low as dollar rises and Indian exports slump
  • WEF: Brexit good for 3PLs short term, but they'll be sorry
  • Kuehne + Nagel to manage Shanghai logistics centre for CNH Industrial
  • Confidence low as the Stifel Logistics Index posts slight decline
  • FS Mackenzie relocates office to new Liverpool2 port development
  • Dachser expands its Kolkata offices to meet growing demand
  • DHL-GF launches new perishables cool centre at Amsterdam's Schiphol
  • FedEx opens Memphis cold chain hub for Asian health products, perishables
  • DHL 'Parcelcopter 3.0' completes trial delivering meds to remote area
  • Changi tests intra-terminal trucking to boost forwarder productivity

Exim Indiaweb site
MAY 23, 2016
  • Allcargo Logistics posts improved PAT & gross profit for Q4, whole of 2015-16
  • APL achieves significant carbon emissions reduction in 2015
  • CEVA upgrades Customs clearance procedures in Brazil
  • Direct service to commence between Rotterdam & St Petersburg
  • Euronav announces termination of Suezmax joint venture
  • Indian-controlled tonnage vessels now need to pay only one-time processing fee
  • New rail container link between Antwerp & Venlo
  • SCFI spot rates down
  • First meeting of KPT's reconstituted Board held
  • India & Iran sign agreement to develop Chabahar port
  • JNPT announces rebate for containers moved by rail to ICD-Mulund
  • Fastest growing city of South Korea eyes investment opportunities in Maharashtra
  • Mega trade pact might impact Indian garment exports
  • Landing certificate & tokenism

International Transport Journalweb site
  • Strengthening its regional position
  • Services commence at two new warehouses
  • Chile promoting railfreight
  • Decade-long litigation finally settled
  • New container weighing-rule causing widespread fears
  • No more turntables for ro-mo trains
  • Envirotainer opens new service station in Delhi
  • Dedicated managers to transform big players' businesses
  • Laurels for logistics student
  • CMA CGM: plans for combat losses
  • Logistics centre in northern China's automobile cluster
  • Yusen Mexico names new president
  • Vietnam on biggest ever shopping spree
  • Earnings take a leap
  • BGT upgrades operating system
  • VW overcoming dieselgate
  • Asia Pacific airlines see cargo revenue shrink in 2015
  • Chiefs for the Transnet warpath
  • ISS appoints global compliance officer

IHS Maritimeweb site
MAY 23, 2016
  • Regulators urged to improve container-weight guidance
  • Update: DSME to sell HQ, visited by lawmakers
  • Lack of clarity clouds SOLAS box weight rule, says APM Terminals
  • Japanese shipbuilders to gain from close links with maritime sector
  • South Korean bulker operators see lower profits
  • China, Europe, and Middle East severely overplanning port container capacity, says OECD
  • China's Yantian export gateway to provide box weighing service
  • China VLCC to sell two tankers
  • Subsea 7 wins USD1 billion-plus Scottish wind farm contract

The Loadstarweb site
MAY 23, 2016
  • American Airlines and LATAM eye cargo in antitrust request for metal-neutral alliance
  • CMA CGM gains market share, but a weak Q1 sees red ink on the balance sheet
  • Container shipping: would a freight exchange drive rate volatility out of the system?
  • Malaysia plans to double Kuala Lumpur cargo traffic via an 'aerotropolis', while MAS restructures
  • '3D printing will disrupt trucking, shipping and delivery industries'
  • Receivership beckons for HMM as charter negotiations are called off

Marine Logweb site
MAY 23, 2016
  • HII gets $152 million for CVN 80 advanced planning
  • BB Green: air supported, battery powered and fast
  • OSD adds low-emission e-tug to its Azistern line-up
  • Carnival appeals Australia fuel sulfur penalty
  • Ingalls Shipbuilding christens LPD 27
  • PureNOX Prime picked for ethane carriers' EGR systems

World Wide Shipperweb site
MAY 23, 2016
  • Boeing celebrates grand opening of Everett 777X Composite Wing Center
  • Vancouver Fraser Port Authority earns employment equity honor
  • International Shipholding gives update on discussions with principal lenders
  • DOT receives 212 applications for new FASTLANE grants
  • Georgia Ports Authority names new board chairman

Lloyd's Listweb site
MAY 23, 2016
  • Caspian operations help Topaz profit edge up
    Backlog bolstered by contract wins in Azerbaijan and Kazakhstan
  • West Africa-China VLCC rates fall 10% on Nigeria oil outages
    West African VLCCs also under pressure from ballasters, contributing to rate fall
  • DSME to sell Seoul headquarters
    Shipbuilder is also considering a spin-off of its defence business
  • IMO agrees enforcement guidelines for box weighing
    Circular will call for 'practical and pragmatic' enforcement
  • Handysize bulker rates slightly down amid limited trade
    Charterers manage to push down rates though owners show resistance
  • MSC rationalises Americas services
    Will utilise new Panama Canal locks to send larger vessels to South America west coast
  • Subsea 7 awarded North Sea contract worth over $1bn
    Installation of Scotland windfarm project set to begin in 2017
  • Charter market continues sideways movement
    Only minimal fixtures reported this week as industry overcapacity checks charter headway
  • Dorian LPG bucks trend with lucrative US-Asia spot fixture
    Dorian's fixture at rate of around $70 per tonne goes against trend of poor economics discouraging US to Asia trades
  • Box lines' results likely to deteriorate
    While first-quarter results have been poor, there could be worse to come
  • South Korea's FSC paints bleak prospect for HMM without charter rate cut
    Korean regulator 'neither optimistic nor pessimistic' on outcome of HMM talks with shipowners
  • Morten Arntzen hired to advise Macquarie on ship finance
    Former OSG chief executive signs up with Australian bank
  • DSME and Sovcomflot reach agreement to delay LNG carrier delivery
    Vessel rescheduled for delivery on January 31, 2017
  • Short of officers, short of time
    Analysis of global seafaring from BIMCO and the ICS indicates the industry will need an extra 147,500 officers 10 years hence

The Journal of Commerceweb site
MAY 23, 2016
  • US truckers, shippers slam proposed safety rating system
  • Easing sanctions allows Iran to develop key port project
  • IMO urges countries to allow initial SOLAS enforcement flexibility
  • Strike handicaps Le Havre port's rail, barge operations
  • High degree of integration planned by the THE Alliance, NYK CEO says
  • Shippers, forwarders still confused over container weight rule
  • Insurers warn container weighing rule to boost short-term rates
  • India kick-starts three rail projects to improve port connectivity
  • Port capacity set to outstrip trade growth
  • OOCL details SOLAS container weight enforcement policy
  • Clarity missing in container weight rule, APM Terminals says
  • China's Yantian terminal will offer container weighing service
  • Asia Pacific airlines back in black, but no thanks to cargo

TradeWindsweb site
MAY 23, 2016
  • Lightering planned for grounded Team ship
    Uruguay's navy says salvage operations have begun to prepare Siteam Anja for refloating.
  • Cargill: China's policy moves cloud shipping
    Analyst warns China's economic policy decisions hold more sway on dry-bulk market.
  • Crowley adds to Isla Grande terminal expansion
    Ahead of LNG boxship rollout, Crowley plans to invest in container terminal.
  • India and Iran sign deal on Chabahar port
    Deal means new entry point for containership volumes to central Asia, and site for gas exports.
  • Greece sets date for Thessaloniki bidding
    Government reportedly asking for binding bids at the end of September for 67% of port.
  • Traders taking tanker storage hit
    Cargo owners willing to risk losing money as they seek capacity to park barrels.
  • Severnaya surges back into profit
    Russian shipbuilder sees Q1 earnings jump as revenue more than doubles.
  • Safe Bulkers strikes deal to amend loan
    New York-listed bulker and DNB agree to amend covenants in 2016 and 2017.
  • Ackermann surveys 'scary' supply side
    BW LPG chief executive says shipping investors are sceptical at a time of more negatives than positives.
  • Baltic Cruises builds Tallink stake
    Investor becomes Estonian ferry company's third-biggest shareholder.
  • Zero-emissions cargo catamaran unveiled
    FWTC reveals design for eco-vessel based on South Pacific 'praos'.
  • Topaz Energy ups earnings in first quarter
    Oil and gas industry player reports bigger profit following two milestone deals in March and May.
  • Eimskip, RAL plot newbuildings in tie-up
    Container lines need new ships for slot-swap pact to bring Greenland into international networks.
  • Crowstone team clocks on at Ocean in London
    Simon Lane and Sam Badowski strengthen tanker desk just a few days after S&P hires.
  • Boa Offshore finds term work for AHTS
    Boa Jarl fixed to First Marine Solutions for at least six months.
  • Technip and FMC form $13bn subsea giant
    French shipowner and US group combine to tackle slump in offshore industry.
  • UASC taps debt market for first time
    Boxship owner wins $162m financing from US and European investors for two 13,500-teu ships.
  • DSME selling headquarters for $152m
    Restructuring Korean shipbuilder has agreement in place for Seoul building.
  • Malaysia seeks hijackers' extradition
    Vietnam will consider neighbour's request to have Orkim Harmony's assailants tried in Malaysia.
  • Shandong Shipping to sell $150m bond
    Chinese bulk carrier owner lines up issue of perpetual notes overseas.
  • Union Commercial offloads oldest bulker
    Greek owner fetches firm price for 2007-built vessel.
  • Fredriksen deal sets new benchmark
    Tycoon marks down asset values for a second time with VLCC purchase.
  • BW Offshore sets out $500m plan
    FPSO specialist says initiative will extend runway until 2020.
  • Sevan may sue as Teekay floatel row flares
    Norwegian company says Teekay's Logitel facing claims over 2013 bond loan.
  • Subsea 7 scoops $1bn-plus contract
    Oslo-listed owner working with heavy-lift subsidiary to develop new windfarm off Scotland.
  • Zhonggu Shipping orders box quartet
    Chinese owner signs up for four 2,500-teu ships at Shanghai Shipyard.
  • Statoil terminates charter of Seadrill semi-submersible
    John Fredriksen-backed drilling company sees another drilling unit go of hire in just over one week.
  • Parente set to be confirmed as new Petrobras CEO
    Former Brazilian energy minister set to take the reigns at corruption scandal hit Brazilian major.
  • Nigerian oil production disruptions hurting tanker rates
    Saudi Arabia could look to regain Indian market share which would be bad news for VLCCs.
  • T&T hired to refloat Team Tankers ship
    Official says it could take days to refloat the grounded Siteam Anja off Uruguay.
  • Carnival fined for flouting low sulphur fuel rules
    Cruise ship Pacific Jewel found to be nearly three times over legal limit during Australian port call.

American Shipperweb site
MAY 23, 2016
  • Fiat Chrysler to build $12.2m DC in Virginia
  • NEWS FLASH: Governments, industry should be 'pragmatic' as VGM is implemented
  • Shippers not planning VGM-related shift to air
  • Senate panel extends grant program used to reduce diesel emissions
  • House transportation panel introduces WRDA bill
  • S.C. inland port transitions to automated gates
  • WWL voluntarily implements low-sulfur fuel policy for port calls

The Bunker Bulletinweb site
MAY 23, 2016
  • ULSFO demand up in 2016, expected to grow further as ECA zones expands
    Ratio between ULSFO and MGO expected to move to 50:50.
  • Concord Energy to commission 1.1 mil cu m Fujairah oil terminal in mid-2018
    New facility will have 400,000 cu m of crude storage tanks.

›››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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