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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:15 GMT+1
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BRIEFS
June 30, 2016
Sched Netweb site
  • Hamburg's Hapag-Lloyd agrees to merger deal with Dubai's UASC
  • Hanjin to return 20 box carriers and 18 bulkers when charters expire
  • US farm exporters thank terminals for taking on VGM weigh-ins
  • NYK's LPG carrier makes first commercial passage via new Panama Canal
  • Philadelphia to dock first ship with Kia cars from Mexican plant
  • Canadian PM no rush to ink China trade deal till rights issues sorted
  • Texas BNSF freights crash, 3 presumed dead in blaze, one jumps free
  • Plan to export coal from Port of Oakland blocked by city council
  • 'K' Line in joint development of new management system
  • Georgia delegation attend opening of newly expanded Panama Canal
  • Seattle Port Commission starts give-away economic development scheme
  • IMO guidelines on cyber security threats cover old ground
  • Brexit events could delay Heathrow expansion decision: BIFA
  • Oz lifts Bangladesh air cargo ban, UK's lingers, Germany imposes anew
  • KLM Cargo to develop Amsterdam Schiphol express sorting system
  • Air Serbia launches first direct flights to US since 19902 Balkans wars

Exim Indiaweb site
JUNE 29, 2016
  • Chih-Chien Hsieh is new Chairman of Yang Ming
  • Expanded Panama Canal now officially open for business
  • Hapag-Lloyd & UASC agree on terms & conditions of a business combination
  • India improves ranking in World Bank's Logistics Performance Index
  • Ship: A Legal Personality
  • ZIM launches new mobile application for customers
  • Caterpillar exploring opportunities to increase exports thru' Chennai Port
  • MbPT Chairman visits Sewree Fort
  • Skill development training programmes launched at Kamarajar Port
  • Visakhapatnam Customs & Nepalese delegation discuss modalities regarding clearance of the country's ex-im cargo thru' Visakhapatnam Port
  • Post-Brexit, FTA with UK suggested

International Transport Journalweb site
  • On the hook
  • Weight savings and higher payloads
  • Executive adjustments at Radiant
  • Topping the list for third time
  • HGVs get own telematics app
  • Starter kit for coping with VGM regulations
  • Resignation, retirement and replacements
  • Linking UK with Baltic states
  • USA: freight trains crash
  • New service from Sudan to Middle East
  • Schliemann says ciao!
  • United suspends Lagos service, and TAME Buenos Aires
  • Innovative SC orchestrator programme published
  • Baltic Sea Gate handles over 1,000 trains per year
  • K Line goes for big data
  • UFO member honoured by Cathay Pacific
  • Air Astana starts Teheran flights, BA postpones them
  • Hapag-Lloyd and UASC forge wedding plans

IHS Maritimeweb site
JUNE 29, 2016
  • Embattled Star Bulk seals standstill deal with lenders
  • LNG vessel safety high on US agenda
  • Asian insurance centres increasing marine market share
  • Container shipping spot rates rise ahead of fresh GRIs
  • HMM's banks give it one more month to settle issues
  • Capesize second hand values tick higher
  • Yangzijiang Shipbuilding sets up investment company
  • Sembmarine buys half of Aragon
  • CSIC to build floating dock for Russia's Zvezda Shipyard

The Loadstarweb site
JUNE 29, 2016
  • Zim could join HMM in 2M as shipping alliance eyes transpacific marketshare grab
  • European freighters compete for Canada-LatAm traffic as air cargo yields 'go crazy'
  • Hapag-Lloyd and UASC shake on merger deal - now it's up to the shareholders
  • Lufthansa Cargo expands its ANA joint-venture offering right across Europe
  • EU to accept antitrust offer from 15 shipping lines as probe draws to a close
  • Drewry sees air freight rates fall to second-lowest level in four years

Marine Logweb site
JUNE 29, 2016
  • Grant will help Alaska students develop maritime careers
  • La Naval delivers ABC-powered hybrid RoPax ferry
  • USCG issues Marine Safety Advisory on drug testing
  • VIDEO: PortMiami to get dramatic new cruise terminal
  • MacGregor equipment picked for Chinese polar ship
  • AWO authorizes ClassNK to conduct RCP audits
  • Mavrik Marine gillnetter first workboat with new MAN engine

World Wide Shipperweb site
JUNE 29, 2016
  • Port Angeles Port Commissioners name Goschen executive director
  • Drewry releases latest numbers on carrier on-time performance
  • Inchcape Shipping Services warns of new rules at Vale terminals
  • Washington governor, Japan ambassador sign new memorandum of cooperation
  • CMA CGM reaches 91.28 percent mark in Neptune Orient Line share ownership

Lloyd's Listweb site
JUNE 29, 2016
  • Lloyd's to unveil Brexit contingency plans
    But access to Europe 'will not be as good' as currently enjoyed
  • Brexit will double regulatory burden for UK shipping, lawyer warns
    Companies will have to comply with both British and EU regulations on intra-Europe routes, argues Ince & Co's Ruttley
  • UASC shareholders approve merger with Hapag-Lloyd
    The two lines will remain in separate alliances until end of March, 2017
  • VLCC rates to run sideways until rises next week
    Slow steaming is helping to support rates in an otherwise low-key market
  • Canal boost to Florida intermodal
    The introduction of larger vessels transiting the Panama Canal could increase cargoes delivered by rail to the southeast US states
  • Leyal first Turkish recycling facility certified to Hong Kong Convention
    Aliaga demolition unit certified this month
  • Brexit vote to have limited impact on box shipping
    UK only a bit-part player in container shipping
  • Jinhui takes another book loss on supramax sale
    Hong Kong-based carrier to dispose of its third supramax since March
  • Suezmax and aframax rates soften on limited cargo volumes
    Most routes have a surplus of available tonnage
  • LNG spot market to stay at 30% for foreseeable future
    No rise anticipated in spot market's share of total LNG trade, due to the needs of cargo buyers and sellers, Poten & Partners forecasts
  • AGCS shake-up puts O'Neill on the board
    Promotion for head of marine at insurance giant as Buxton fills shoes
  • End of Europe GRIs moves closer
    Proposals that would end GRIs and bring greater freight rate transparency pass market testing
  • SITC shuffles vessel ownership to meet China-Taiwan rules
    Vessel transferred to affiliate to comply with new Chinese regulations for vessels plying the mainland China-Taiwan route
  • Panamax rates buoyed by tighter tonnage in North Atlantic
    Higher activity levels in the Far East and Australia also help
  • Royal Caribbean secures $1.2bn loan facilities to fund STX newbuilds
    Two Edge-class vessels scheduled to be delivered in the autumn of 2018 and the first half of 2020
  • Secondhand dry bulk asset values hit all-time low in first quarter
    But prices expected to recover from 2018, says MSI
  • Cosco Shipping to swap seven heavylift ships for three multipurpose vessels
    MPVs are priced at about $36.4m per ship
  • Dry bulk owners to face more misery in second half of 2016
    Vessel overcapacity and tepid Chinese demand remain key issues, says AlixPartners
  • Sembcorp Marine takes stake in process design and engineering firm owned by Sevan Marine
    Group to finance KANFA Aragon share purchase through internal funding
  • Carnival Corp posts strong second-quarter result amid robust cruise demand
    Board of directors approve another $1bn in share repurchases to show confidence in company's outlook
  • Shipping industry should be worried about elasticity of shipyard capacity
    Glut in effective capacity as many yards remain underemployed, says MSI's Adam Kent
  • Panama Canal expansion to improve nation's sovereign credentials
    Panama well positioned to benefit from trade segments poised for growth including US energy exports to Asia, says Fitch

The Journal of Commerceweb site
JUNE 29, 2016
  • Hapag-Lloyd-UASC merger nears finish line
  • High US inventories could be the new normal
  • Oakland port approves major capital investment initiative
  • US poultry export rebound ready to hatch
  • Charleston port's gate system 'learning curve' improving, but delays persist
  • Zim could reportedly join 2M
  • Brexit to have minimal impact on container shipping, Alphaliner says
  • Creditors extend HMM debt payment suspension one month
  • Brexit could hurt US exports, pulling down surface demand
  • India's Cochin Port expects new tech to speed truck turn times
  • Gap in Japan warehousing exposed by rising e-commerce demand

TradeWindsweb site
JUNE 29, 2016
  • Teekay closes $1bn in new capital
    Parent firm and offshore subsidiary finalise deals for new equity and debt injections.
  • Cosco blames Greece for amending Piraeus deal
    Chinese giant says final proposal on port stake differs from initial deal.
  • UASC shareholders okay Hapag merger
    Merger with German company gets unanimous approval as liner consolidation rolls on.
  • Baltic stops forward curves on two routes
    Exchange says the move prompted by lack of trading in derivative products.
  • Asian energy traders favour new locks
    VLGCs are the main traffic in the initial days of the newer, wider Panama Canal locks.
  • Liquidator selling damaged German cargoship
    Anja on sales block following collision in Germany in 2014.
  • Yangzijiang founds $150m investment fund
    Chinese shipbuilder looking to diversify with new finance venture.
  • Stena Line considers UK flag exodus
    Swedish ferry owner mulls over re-registering some of its ships but no decision has been made yet.
  • Transpetro cancels tanker orders worth $1.22bn
    Petrobras shipping arm terminates domestic orders for four suezmaxes and three aframaxes.
  • Brussels to settle major liner anti-trust probe
    Maersk, MSC, CMA CGM and 12 more firms are set to avoid penalties for price fixing.
  • Cargoship slams into quayside
    Audible crunch as Strahlmann vessel hits the side in the Netherlands.
  • HHI offering Hyundai Motor shares as it refinances
    Korean yard and sister outfit Hyundai Samho raising money for restructuring.
  • Glencore paid $5bn to states around the globe
    Commodity trader reveals stats about payments to different governments under EU directive.
  • Shareholders turn against big Japanese owners' bosses
    K Line and MOL's re-election votes see drop in support for presidents from investors.
  • Vroon fixes out subsea support newbuilding
    Dutch owner takes delivery of VOS Star from Fujian yard and finds work with VBMS.
  • Fesco bondholders reject waiver deal
    Russian line to continue talks with investors after meeting fails to produce desired result.
  • Atlantska cancels Qingshan bulker double
    Croatian owner tears up deals for two ultramax newbuildings in China.
  • EU to accept offer from liner companies
    Maersk, MSC, CMA CGM and 12 more firms are set to avoid penalties for price fixing.
  • Samsung Heavy seeks okay for share issue
    Restructuring Korean shipbuilder wants to increase upper limit of stock disposals.
  • Deep Sea sends three PSVs to Egypt
    John Fredriksen company ties up supply ships into 2017 and beyond with BP.
  • Great Eastern linked to Japanese bulker buy
    Deal would take year-to-date spending on secondhand capesizes to 40 ships worth $893m.
  • Coscol set to upsize trio of heavylift newbuilds
    State-owned firm asks Shanghai Shipyard to boost size of last three vessels of six ship series.
  • Siem Offshore arm secures more wind work
    Vessels and resources within the Norwegian offshore group to be deployed on Beatrice project.
  • Carnival Corp reports record second quarter earnings
    US-listed cruise giant set to buy back a further $1bn worth of stock under new authorization.
  • Great Eastern linked to Japanese bulker sale
    Deal would take year-to-date spending on secondhand capesizes to 40 ships worth $893m.
  • RCCL gets credit line for STX order
    New York-listed cruiseship owner formalises agreement with ECA on 'Edge-class' newbuildings.
  • Navios Partners appoints new director
    New York-listed firm appoints former director of Greece's third largest bank by assets.

American Shipperweb site
JUNE 29, 2016
  • IAG Cargo strengthens presence in Shanghai

The Bunker Bulletinweb site
JUNE 29, 2016
  • US DATA: EIA says residual fuel oil stocks down on fall in imports
    Stocks fell just 104,000 barrels from the previous reporting period, ending the week at 40.171 million barrels.
  • TENDER DATA: Taiwan's CPC seeks 40,000 mt HSFO for August delivery
  • UAE's Gulf Petrol Supplies starts mass flow meter bunkering at Fujairah
    Will install MFM on its second barge next year.
  • Japan Data: Paj Says Product Output Rises 5% On Week To 20.01 Mil Barrels Jun 19-25
    LSFO exports edged up 0.8% to 33,383 barrels.
  • TANKERS: Caribbean Aframax rates fall to lowest level in more than 5 years
    Cargoes scant, while tonnage grew steadily in the region.
  • ANALYSIS: Dwindling Russian HSFO flows push NWE barge spreads to one-year high
    Output down on reduced runs, slow restarts.
  • Oil futures rebound as dollar declines, Norwegian strike looms
    NYMEX August crude settled $1.52 higher at $47.85/b.

›››File
FROM THE HOME PAGE
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
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
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