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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:49 GMT+1
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BRIEFS
November 30, 2016
Sched Netweb site
  • Hamburg Sud owners mull sale of shipping business: sources say
  • MOL to raise Northeast Asia to Australia rates by US$500/TEU
  • HMM preferred bidder for insolvent Hanjin Shipping's Spain terminal
  • Hajin's demise unlikely to lead to another box liner going belly up: Alphaliner
  • Antwerp boxes to be shifted to make way for American tanker terminal
  • Creditor sells 4 Hanjin tankers to unnamed HK company for US$58.6m
  • New China-funded US$3b Malacca port to handle Singapore's oil trade
  • Branson to launch new tool for shippers to cut carbon emissions
  • Konecranes sells 86 auto stackers to Virginia in its biggest ever deal
  • HK Airlines to mark North American debut with direct service to Vancouver
  • Qantas Freight to fly fresh Tasmanian milk from Hobart to Ningbo
  • FedEx joins Christian Action to give donated goods to HK's needy

Exim Indiaweb site
NOVEMBER 29, 2016
  • BIMCO adopts ship financing term sheet
  • CMA CGM improves ECS service between North Europe & Central America, adding port of London
  • COSCO Shipping joins NZS consortium
  • Govt focused on enhancing share of IWT & coastal shipping
  • Norwegian Maritime Business Climate Survey launched in Mumbai
  • CEZs to encourage port-led development & reduce logistics cost & time in cargo movement
  • Kandla Port implements IPA recommendations to provide better services
  • MANSA calls for alleviating worker shortage, better facilitation at Mumbai Port for ease of operation & functioning in cashless environment
  • Ministry of Road Transport & Highways mulling road safety audit
  • Autumn Statement seen boding well for UK business stability

International Transport Journalweb site
  • Strategy shift on the rails
  • Intelligent gloves...whatever next?
  • High-tech trucks rolling on the highway
  • Shipper counts on containers
  • Facility management contract goes to...?
  • Will the exodus continue?
  • Far East Russian airport changes hands
  • Portugal's railfreight operator rebranding
  • Henry Brothers gets first Northern Ireland Van Excellence...
  • Staking another claim in Canada
  • Qantas to operate milk run to China
  • New coastal service in New Zealand
  • Rigmarine assists Scottish energy sector
  • Ukraine/Georgia feeder service takes to the waves
  • Successful test train run between China and Latvia

IHS Maritimeweb site
NOVEMBER 29, 2016
  • Marine insurer launches P&I comparison tool
  • Havila Shipping to meet bondholders to decide on debt restructuring deal
  • Hamburg Süd sale could happen this week, say reports
  • Frontline upbeat about prospects despite sharp fall in third quarter interims
  • Scrapping of container ships could hit record high in 2016
  • Middle East OSV players on edge as Gulf utilisation rates slide below 50%
  • Thoresen Shipping third-quarter losses widen
  • Boskalis wins EUR120 million Brazilian dredging contract
  • Uncertain future for South Korea's SPP Shipbuilding
  • Hanjin's 141 ships all now offloaded
  • Chevron puts off decision on Rosebank FPSO

The Loadstarweb site
NOVEMBER 29, 2016
  • Oetker family may be ready to sell Hamburg Süd container line after 60 years
  • Centurion pays its $750,000 leasing debt fast after US marshalls seize 747 freighter
  • Major 3PLs eye potential of South-east Asian road networks as connectivity and speed improves
  • 'LNG won't save us from harmful emissions, but it is a bridge to cleaner fuels'
  • Amazon in talks to buy Dubai's Souq.com in $1bn deal
  • Cargologicair ditches African operations to focus on peak-time Moscow-Hong Kong run

Marine Logweb site
NOVEMBER 29, 2016
  • Harley Marine inks LNG-fueled bunker tanker MOU
  • VIDEO: Innovative propulsion shaft TLB system
  • Elaine Chao is Trump's pick for Secretary of Transportation
  • Parker report seeks shake up in U.K. naval shipbuilding
  • Wartsila's John Hatley elected a Fellow of RINA
  • Malaysian court sentences pirates to jail, cane

Lloyd's Listweb site
NOVEMBER 29, 2016
  • StealthGas flips into the red
    Greek owner of handysize LPG tankers hurt by weak rates
  • Price signalling revisited
    Settlements should not be given priority over legal certainty in container shipping cases
  • VLCC time charter rates up an 'exciting' 20%, says Frontline chief
    Tanker giant to pursue time charter opportunities to please shareholders
  • Supramax bulkers earnings rise further, near 15-month high
    Tighter ship supply in Atlantic trades amid continued US grain exports
  • Delays in Turkish Straits push up suezmax and aframax rates
    Tankers need to queue for about a week to pass Dardanelles
  • Third legal lash-up brings London and Houston closer together
    HFW merger with Legge Farrow to capitalise on energy shipping base
  • Trumponomics: Maybe we have it all wrong
    The world economy remains stagnant, but could a protectionist Republican president with Keynsian ideas bring a boost to container trades?
  • Eurokai sees slight traffic increase
    Hamburg, Wilhelmshaven and Gioia Tauro are the major positives in a fragmented portfolio
  • Fortescue strengthens China ties with VLOC delivery
    First of eight newbuildings named at ceremony in China
  • Havila bondholders approve debt restructuring plan
    Bondholders cleared the way after rejecting the same proposal a few days earlier
  • DSME gears up to accept financial aid from policy banks
    Shipbuilder raises limits on new shares and bond issuance
  • Ill-fated investments by Diana Containerships put strain on parent
    Focus on smaller size vessels proves disastrous; fate of $50m unsecured loan and recent $40m equity investment by Diana Shipping in limbo
  • SPP Shipbuilding to shut its doors in early 2017
    Orderbook is currently empty with no new orders expected
  • Xiamen Port raises annual cap on service fees for Maersk
    Move to reflect increased port-related services provided to the Maersk Group
  • Singapore names new chairman for Maritime and Port Authority
    Current chairman to become attorney-general
  • Globus Maritime to raise funds via shares and warrants issue
    Dry bulk operator is looking to raise $5m in gross proceeds to be used for general corporate purposes and working capital needs
  • ASL Marine records 95% drop in net profit
    Higher foreign exchange losses partly to blame for weaker result
  • Swiber liquidates subsidiary
    Swiber Offshore Marine lodged a statutory declaration with the official receiver and the registrar on its liquidation
  • VLCCs dip below $50,000 per day on slow start to week
    Despite slight dip, rates and earnings remain respectable for owners

The Journal of Commerceweb site
NOVEMBER 29, 2016
  • US court reviews antitrust case against ro-ro carriers
  • Santos terminal to nearly halve workforce
  • FMC's Doyle warns of alliance's contracting power
  • Trump's transport chief pick has record of rolling back regs
  • ILA, employers plan 'informal meetings' ahead of contract talks
  • Betting on growth, LTL carriers expand terminal networks
  • Russia cracks down on illegal surface transport pricing
  • India's top port seeks regulatory nod for rail-road tariff parity

TradeWindsweb site
NOVEMBER 29, 2016
  • Aframaxes rise as TD7 hits 17-month high
    Average earnings for sector rise to highest level since late March.
  • Trump said to pick Elaine Chao for cabinet
    Daughter of Foremost Maritime founder reportedly chosen to lead Department of Transportation.
  • Seanergy goes for $15m and secures new loan
    Greek bulker owner launches public stock offering as it clinches fresh financing.
  • StealthGas slumps to loss as revenue dips
    Harry Vafias-led company sees operating expenses, debt repayment take toll.
  • UK Ports Association envisages 'port zoning'
    BPA shares its thoughts and concerns with UK transport minister.
  • Tsakos optimistic despite flip to the red
    Greek owner says tanker market faced 'challenging' period in late summer.
  • HFW makes move into US with merger
    UK law firm joining forces with smaller Legge Farrow in Houston.
  • Uljanik Plovidba wins shareholder battle
    Croatian owner repels legal action seeking to overturn authorisation to expand share capital.
  • Ship Finance eyes new investments
    John Fredriksen-led company reports smaller profit and sees opportunities in a challenging market.
  • Caronte to build LNG ro-pax in Turkey
    Norway's LMG Marin designs new eco-ship for Italian operator.
  • Caspian Shipping orders tanker double
    Azerbaijan's state shipowner returns to Baku Shipyard for more new vessels.
  • Shin Yang makes less in first quarter
    Malaysian owner and shipbuilder kicks off financial year with almost breakeven result.
  • Armed men raid offshore ships in Mexico
    Robbers board floatel and supply vessel before stealing equipment and cargo.
  • NewLead panamax bulker arrested
    Latest detention of Greek company's ship in Singapore highlights its financial difficulties.
  • Moody's downs OSG as spin-off nears
    Outlook negative for US tanker owner as international business separation leaves it with smaller ageing fleet.
  • Impairment reversal boosts PDZ Holdings
    Intra-Asian line returns to profit after one-off charge becomes a gain.
  • Frontline surprises with dividend payout
    John Fredriksen's company makes clear statement with $0.10 payout despite posting much lower profit.
  • Crewman stabbed to death on Greek boxship
    Filipino colleague arrested after incident on Aims vessel in Sri Lanka.
  • Reach Subsea falls to a loss
    Oslo-listed owner sees revenue slashed in tough third quarter.
  • Swiber shipowning company to be liquidated
    Offshore Marine unit has applied for a voluntary winding up by creditors.
  • SPP Shipbuilding will close in March
    Creditor Woori Bank confirms Korean yard will be shut down after last tanker is delivered.
  • ASL Marine sees net profit all but wiped-out
    Shipbuilder and vessel operator hit by forex losses and weaker contributions from joint ventures.
  • Icon sees third quarter result cut by 50%
    Malaysian offshore vessel operator continues to feel the impact of weak E&P activity.
  • Orkim Harmony eight get lengthy jail time
    IMB: Malaysian sentences send a strong signal to potential pirates that crime does not pay.
  • Trident Challenger set for Singapore auction
    Interested bidders have until early December to submit bids for arrested vessel to local sheriff.

American Shipperweb site
NOVEMBER 29, 2016
  • NEWS FLASH: Trump picks Elaine Chao as U.S. Secretary of Transportation, reports say
    President-elect Donald Trump is expected to formally announce Tuesday afternoon that he has chosen Elaine Chao to be the Secretary of the U...
  • WTO upholds EU challenge of Boeing tax incentives
    The World Trade Organization (WTO)has found one of seven separate Boeing tax incentives identified by the European Union to violate interna...
  • Cass: North American freight market stems free fall in October
    The North American freight market stemmed a 20-month free fall in October 2016 in what industry analysts have been calling a "more than nor...
  • Reuters: HSH Nordbank meeting with potential buyers
    State-owned German bank and shipping financier HSH Nordbank is holding discussions in London with the Bank of China, as well as global inve...
  • B20 reorganizes into Global Business Coalition
    A group of 15 national business associations from major world economies, including the U.S. Chamber of Commerce, which work to promote inte...

The Bunker Bulletinweb site
NOVEMBER 29, 2016
  • Spain's Cepsa halts bunker supplies to Las Palmas: sources
    A trader said supplies will likely resume by December 6-7 or earlier.
  • External: Praxis Energy Agents S.A
  • External: Wired Bunkering
  • Indonesia has 'mixed feelings' on OPEC reaching output deal
    With a deadline looming, OPEC members are making a last-minute push to negotiate the terms of a deal that aims to tighten the global oil balance and firm prices.
  • Slow product exports from S Korea, vessel oversupply dampen North Asia MR rates
    The key South Korea-Singapore and South Korea-Japan lumpsum MR rates were at their lowest levels for 2016 last week
  • External: Global Risk Management
  • OPEC delegates reach output proposal, 'concerns' on Iraq, Iran remain

›››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%)
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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