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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:25 GMT+1
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BRIEFS
February 3, 2017
Sched Netweb site
  • Colombo terminal annual volume soars 28pc to two million TEU in 2016
  • Marseille's 2016 throughput soars 26.6pc to 1.25 million TEU
  • Canadian National profit up 3pc to US$2.79 billion as revenue slips 5pc
  • Real United States GDP growth up 3.5pc in fourth quarter
  • Forwarders face fines, angry shippers via Canada Customs filing error
  • Sun Chemical and Den Hartogh join to design transport tank technology
  • Bollore Logistics Paris Roissy platform wins CEIV pharma cert
  • Singapore Changi Airport handles a record 1.97 million tonnes in 2016
  • Amazon to build air cargo hub outside Cincinnati to service air fleet
  • UPS posts Q4 loss of US$239 million, down from $1.33 billion in 2015

Exim Indiaweb site
FEBRUARY 2, 2017
  • AMTOI DAY to be celebrated today
  • Budget 2017-18 increases allocation for Shipping Ministry
  • CMA CGM & Total prepare for new environmental regulations in shipping industry
  • OIA Global acquires American Cargo Express
  • Surplus vessels seen impacting freight rates in chemical shipping
  • Grape exports looking up
  • Major Ports going green to save INR 75 cr. annually
  • Budget 2017-18 looks at increasing private player participation in airport infrastructure & drive future capex: ICRA
  • CWC's trade meet in Gandhidham today to discuss commencement of containerised operations at Kandla Port
  • FFFAI & JSC RZD Logistics sign agreement on North-South ITC development
  • Logistics players commend Budget 2017-18
  • Budget impetus to manufacturing & Make in India

International Transport Journalweb site
  • A good year
  • 79 new trucks for food deliveries in UK
  • Cincinnati - a magnet for airfreight volumes
  • Perishables hauled from Uzbekistan to Russia
  • Florida's Port Everglades banking on PPP
  • Starting 2017 with new owner
  • Aeronet appoints Coyle as sales director for L.A.
  • Ten semi-trailers put into service
  • Cars taking the lead in Gothenburg
  • Rail Baltica project shaping up
  • US lessor lands with LOT Polish Airlines
  • Timmermans to trim P&O Ferrymasters' trailer ops
  • Winkelmann begins work at Air Berlin
  • Switzerland: 750 m long passing loop for freight traffic
  • First ATR biofuel flight
  • Total revenues up, net revenues down
  • No turn of the tide for Japanese shipping lines

IHS Maritimeweb site
FEBRUARY 2, 2017
  • Strategic Marine to build aluminium ships in Abu Dhabi
  • Tough conditions in shipping, oil and offshore continue to hurt Scandinavian banks
  • Mitsubishi HI to reorganise shipbuilding business, slips to loss
  • Maritime union offers training subsidy to Singapore shipping companies
  • Hanjin Shipping set for liquidation
  • Fincantieri extends VARD share buyback deadline again
  • CK Line considers feeder newbuildings
  • Contship reports sluggish maritime terminal volumes
  • MSC unit, HMM purchase TTI Hanjin Shipping TEC
  • KAMCO expands funding for offshore sector

The Loadstarweb site
FEBRUARY 2, 2017
  • Warning to forwarders as 'plug-and-play for sea freight' aims to cut them out
  • Not just any Bangladesh barge service; it's the first M&S shipment
  • How we can avoid air turbulence when the 'Black Swans' visit
  • Logistics needs are important too, as London tackles its housing crisis
  • Etihad heads off Trump tensions with pledge not to grow in US
  • CH Robinson reports flat 2016, but forwarding and LTL hold up
  • A mixed year as volumes grew at Contship Italia

Marine Logweb site
FEBRUARY 2, 2017
  • Fatigue study results presented to IMO
  • VIDEO: Foss Maritime's third Arctic tug nears completion
  • Eimskip, Royal Arctic order ice class containerships
  • Rolls-Royce MT30 marks milestone in Italian LHD program
  • NGO slams shipping industry's scrapping choices
  • Strategic and ADSB sign MOU on aluminum vessels
  • VIDEO: Damen's Niron Staal launches ferry hull

Lloyd's Listweb site
FEBRUARY 2, 2017
  • Cape earnings at six-week low but FFA shows signs of optimism
    Forecast for end-February to early March not good, says brokerage
  • Surge of crude tanker tonnage hits the water in January
    BIMCO expresses immediate market worries as spot earnings fall
  • Insurance risk to owners over Iran sanctions 'snapback'
    Owners urged to check contractual obligations as US-Iran relations cool
  • US travel ban puts seafarer safety at risk
    UK trade union calls on UK government to protect seafarers and uphold international labour laws
  • Trump tax plan holds uncertainties for clean tankers
    Product tanker flows on US Gulf coast could be rejigged
  • Chemical tanker scrapping may prove ineffective
    Demolition candidates will be in smaller size categories so will have limited impact on global fleet capacity
  • Seoul pulls plug on Hanjin Shipping
    Two-week window for appeals as Seoul court says liquidation will bring best value
  • Cosco versus Frontline and DHT
    World's largest tanker firms vying for investors
  • Between the Lines: Transpacific transformations
    The transpacific service networks of the future shipping line alliances will shake up the Asia-US trades
  • Seatrek Trans eyes $90m fleet expansion
    Dry bulk operator has plans to buy 10 secondhand Japanese-built vessels
  • Fresh funds for Golar LNG Partners ahead of LNG 'recovery'
    Bond issue was oversubscribed, says gas carrying company
  • LPG owners look to summer after rate drop
    Owner resilience fends off worst of rate dip as Year of the Rooster starts
  • UK Club promotes Lock and Russ
    Two key team members take steps up the ladder
  • US-Iran tensions to test nuclear accord
    Toughening US stance on Iran and rebel attack on Saudi warship increase risks for commercial shipping
  • Strike Club volumes hit by tough industry climate
    Mutual achieves 95% renewal rate and adds owners in Europe and Asia
  • Pan Ocean sinks to $25.5m loss for fourth quarter
    Full-year net profit still up 142% at $82.5m
  • SGX January freight derivatives volumes down as BDI pulls back
    Coal to remain key uncertainty for dry freight in 2017
  • Keeping calm and carrying on
    Former Tory Chancellor Lord Lamont tells a UK Chamber of Shipping audience of his hopes for the Brexit negotiations

The Journal of Commerceweb site
FEBRUARY 2, 2017
  • Seattle port CEO resigns
  • US electronic logging rule could shunt freight to LTL carriers
  • Forwarders back BCOs seeking FMC relief on demurrage
  • New Orleans, Mobile quietly pioneer truck appointments
  • JNPT shippers to pay higher rates
  • Russian container trade escapes doldrums
  • Contship attracts more Italian shippers to rail
  • Forwarders, NVOs slow to embrace automation
  • Unified customs needed to ease China-EU rail pain points

TradeWindsweb site
FEBRUARY 2, 2017
  • US Northeast gasoline stocks hitting MR rates
    Charterers opting to discharge in US Southeast, but storage there is filling up too.
  • Golar Partners sweeps aside 'overhang' with twin bond deals
    Analysts lift price targets as Golar LNG spinoff wastes no time in refinancing bond debt after completing sale for new series.
  • Kirby's Q4 profit beats, but 2017 outlook dims
    Tank barge owner tops Wall Street profit estimates thanks to inland business.
  • Lister to take CFO job at Global Ship Lease
    Chief commercial officer and former banker to oversee finance portfolio as Susan Cook resigns.
  • Greek owners tie up bulkers on period deals
    Diana Shipping and Thenamaris fixing out tonnage as rates fall back following Chinese New Year.
  • Deep Sea Supply extends two PSV charters
    John Fredriksen company wins at least 18 months more work with Apache in North Sea.
  • Trump ban already hitting owners and crew
    Nautilus union says companies being advised not to attempt US crew changes.
  • Trada Maritime reaches $45m debt deal
    Indonesian tanker and FSO owner strikes agreement with three lenders.
  • Eurotankers tied to JX Ocean aframax
    Greek owner said to have extended run of S&P deals with purchase of Japanese-controlled tanker.
  • Morgan Stanley sees tanker price bottom
    Bank believes crude asset prices have started to take a turn for the better.
  • Coles: innovation will come from outside shipping
    Former Inmarsat boss says unnamed ship technology is unlikely to be spearheaded by existing owners.
  • DHT Holdings VLCC order 'cheapest since 2003', brokerage says
    Leading shipbroker suggests you have to wind the clock back 14 years to find a comparable price.
  • PDZ secures other slots after boxship arrested
    Malaysian owner says it is losing only $23,000 per month to compensate for loss of PDZ Mewah.
  • Navibulgar confirms ABC bulker swoop
    Bulgarian owner has taken delivery of first of four ships from Swiss company.
  • Listing cargoship found abandoned in Turkey
    Authorities secure vessel apparently deserted at anchorage in Istanbul.
  • Global Offshore cash flow 'severely affected'
    Cash flow has been "severely affected" at India's Global Offshore due to the reworking of long-term contracts by charterers, the owner warned today. It has been locked in talks with State Bank of India to redraw its repayment schedule but has so far failed to reach an agreement. As a result the bank has classed Global Offshore's debt as a non-performing asset, investors were told.The company repor
  • Death knell sounds for Hanjin Shipping
    Faint revival hopes quashed as Seoul court says bankruptcy likely to be declared on 17 February.
  • Genco closes book on 10-ship clearout
    New York-listed owner says string of sales required due to bank agreement has raised almost $30m.
  • Golar Partners sells $250m of bonds
    LNG carrier company says debt offering was "significantly over-subscribed."
  • MPC profit rises after boxship sales
    German asset manager sees earnings grow as it cut back on shipping investments.

American Shipperweb site
FEBRUARY 2, 2017
  • Judge grants class certification in driver lawsuit
    A U.S. District Court judge in Utah has certified a class action lawsuit by drivers against the trucking company C.R. England and its relat...
  • DHL, Unifor lack of agreement to result in strike
    Canadian labor union Unifor said Wednesday one of Canada's largest international parcel shipping companies, DHL, has received a 72-hour str...
  • Retailers, trade groups form coalition to push back against import tax proposals
    A group of more than 100 U.S. retailers and retail trade associations on Wednesday created a new organization dedicated to highlighting the...
  • Commentary: A dying breed
    Independent carriers have all but disappeared from the two largest container trade lanes in the past few years as the ever-increasing size ...
  • Amazon plans air cargo hub in Kentucky
    Online retailer Amazon.com Inc. unveiled plans this week to build a new air cargo hub at the Cincinnati/Northern Kentucky Airport (CVG) in ...
  • Alphaliner: 'Subopex' charter rates not enough to spur demand for Panamax boxships
    The current "subopex" (below operating expenses) rates being offered by ship owners for Panamax containership charters have failed to move ...
  • Forwarder booking processes still lagging, Freightos says
    The freight forwarding industry is still lagging when it comes to providing direct online quoting capability, according to a new report fro...
  • Landstar boosts net income, revenues in Q4 2016
    Source: Rob Wilson/Shutterstock Landstar had revenues of $898.2 million for the fourth quarter of fiscal 2016. Landstar System, Inc., an as...
  • NWSA container volumes up 2% in 2016
    The Northwest Seaport Alliance (NWSA), which comprises the ports of Seattle and Tacoma, Wash., handled 3.6 million TEUs for the full year i...

The Bunker Bulletinweb site
FEBRUARY 2, 2017
  • HSFO oversupply nudges Med bunkers into disconnect from crude futures
    380 CST fuel oil at the port was assessed at $318/mt Monday, $316/mt Tuesday and $313/mt Wednesday.
  • External: Praxis Energy Agents S.A
  • MEPs call for Arctic ban on ships using bunker fuel
    The European Parliament is urging the European Commission to look closely at banning ships from using heavy fuel oil on Arctic shipping routes
  • External: Wired Bunkering
  • REFINERY NEWS: Spain's Tenerife unlikely to restart due to environmental standards
    unlikely to restart and it will have social repercussions in an area with a high unemployment rate,
  • FUTURES: Crude pares overnight gains on US stock build

›››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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