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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:18 GMT+1
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BRIEFS
March 3, 2017
Sched Netweb site
  • CMA CGM ups rate US$500/TEU Asia-W Africa, $1,500 to Panama
  • Panalpina profit slides 40.7pc to US$51.7 million as revenue sinks 11pc
  • Specifics of mega alliances take shape - with one month to go before launch
  • ANL adds Kimbe port call to its Papua New Guinea service coverage
  • Windows widen with MacGregor's new ship-to-ship transfer crane system
  • Docker absenteeism diverts cargo from Gothenburg to Varberg
  • Trump de-sanctifies roadside ditches, no longer EPA wetlands
  • Truckers block Pretoria streets as renewables clash with coal producers
  • Officials ask where will US infrastructure funding come from
  • IATA welcomes implementation of WTO's Trade Facilitation Agreement
  • Atlanta airport starts on million square feet of new warehousing
  • Airbus forecasts African airlines will purchase 990 aircraft over next 20 years

Exim Indiaweb site
MARCH 2, 2017
  • EU shipping policy is solid, but needs stronger global orientation to sustain further growth, says report
  • Hapag-Lloyd reports operating profit in 2016
  • Up to $ 400 bn of shipping debt represents unassessed climate risk exposure at major investment banks, says report
  • JNPT participates in DPD workshop conducted by BRIEF in Delhi
  • Nepal trade has a second option in Vizag
  • Minister inaugurates key freight sector initiatives of Indian Railways
  • Truck freight sees lean phase in Feb.
  • You ask.. We answer...

International Transport Journalweb site
  • More truck trips on Germany's roads
  • BGL battling truck makers' cartel
  • Cosco Offshore orders giant crane from Liebherr
  • Rapid change of presidents at Sukhoi
  • Picasso to Santiago by Latam Cargo
  • Sister firms merge
  • Collaring contracts in Poland and Hungary
  • Additional rail links and more empty containers
  • Seville's box terminal operator presents first results
  • Air Canada sets its sights on Italy
  • New address, new boss
  • Currency fluctuations affect Bolloré's turnover
  • Line to New Zealand's west coast reopening soon
  • Delta launches real-time critical shipment tracking
  • Lower Saxony ports see goods flows change in 2016
  • Panalpina: airfreight up, seafreight down in 2016

IHS Maritimeweb site
MARCH 2, 2017
  • An Algoma self-discharging bulker. Nova Marine, Algoma plan global shortsea JV
  • D'Amico runs up USD12.8 million net loss in 2016
  • Bauxite shipments set for shake-up
  • Hyundai HI restructure could benefit HMD
  • Bangladeshi ship recycling steps up safer and greener efforts
  • DSME wins two LNG carriers

The Loadstarweb site
MARCH 2, 2017
  • Ocean carriers warn of cargo diversions as port strikes loom
  • Shipping can and must prevent another bankruptcy, says FMC chief Doyle
  • Tough markets and slimmer yields push Panalpina profits down 40%
  • Analysis: CH Robinson mini-restructure a sign of something brewing?
  • Hanjin and depressed charter market sink Seaspan results
  • Talent wars: supply chain the new pathway to becoming CEO
  • And the figures are in: WorldACD eyes Asia Pacific and dangerous goods

Marine Logweb site
MARCH 2, 2017
  • VIDEO: Trump calls for "12 carrier Navy we need"
  • Citywide Ferries hit the water
  • WSF sells oldest ferry
  • Langh Tech develops EGR water treatment system
  • Fredriksen companies give DSME "trillion won" order
  • MHI-MME delivers 50th slow-steaming retrofit propeller
  • Vard nets order for ultra modern pelagic trawler

Lloyd's Listweb site
MARCH 2, 2017
  • Zim posts $164m loss for 2016
    Weak rate environment drags down bottom line
  • Capes recover in Atlantic and Pacific but upside seems limited
    Volatile markets see average earnings slip on week
  • Get ready for third-quarter product tanker pick-up, says Fiori
    Last year was tough but D'Amico wasn't the only victim, says Italian product tankers chief
  • Shipping lobby, mobilise!
    Frustrated with the European Parliament sticking its nose into shipping regulation? Speak to your local representative
  • D'Amico tumbles into the red amid tepid tankers
    But market has strong underlying fundamentals, argues ebullient boss Fiori
  • Carriers' sales digitalisation moves 'not a threat' says top forwarder
    Kuehne+Nagel chief welcomes increasing efforts by lines to develop online platforms that help streamline its interfaces with customers and suppliers
  • Cosco yard wins three 1,750 teu newbuilds
    Ships are said to be an option exercised by Lomar Shipping
  • LR product tanker rally loses steam as charter demand slows
    Refinery maintenance plagues short-term outlook but longhaul shipments may increase later on
  • Inttra appoints Vijay Minocha as Asia Pacific president
    Former head Jim Whalen will return to the US
  • Navigator Holdings fourth-quarter net income falls
    Fleet utilisation came to 89.5% for the quarter amid increased idle days
  • Crowley secures three gantry cranes for Puerto Rico
    Liebherr-built cranes to be delivered to the Isla Grande Terminal in San Juan later this month
  • DHT secures financing for VLCC pair
    Both vessels being built by Hyundai Heavy Industries
  • JES International acquires new business
    Company still in the process of selling off its loss-making shipbuilding assets
  • Eleven shipping lines reduce terminal handling fees in China
    Maersk Line and Cosco Shipping Lines each cut charges by 17%
  • DSME clinches deal for LNG carrier pair
    Vessel deliveries are scheduled to take place by end-August 2019
  • CMA CGM confirms talks to sell stake in APL's LA terminal
    Rodolphe Saadé is considering a number of options for the facilities acquired through the takeover of APL
  • New York Shipping Exchange to launch Pacific contract service in June
    Forward contract system aims to address inefficiencies in ocean freight contracting
  • Panamax bulker earnings move up to 10-week high
    Optimistic outlook for second quarter amid strong Atlantic and Pacific trades
  • Data Hub: Trade Statistics
    Global containerised trade estimated to have grown 2% last year
  • Paying the piper
    Life might be hard for EU 'clients' after Brexit

The Journal of Commerceweb site
MARCH 2, 2017
  • Tech firm, 3PL partner to unlock 'hidden' truck capacity
  • UPS upgrading container-tracking tech
  • Report: Logistics issues may cost chemical firms $79B
  • Cargo-booking exchange aims to give BCOs certainty
  • Zim back in black on strengthening market
  • Low-sulfur fuel rule could cost carriers $60B
  • Surging truck traffic doubles Eurotunnel earnings
  • Tighter ocean, air margins squeeze Panalpina profit

TradeWindsweb site
MARCH 2, 2017
  • Zim ends year with small profit as costs fall
    But liner operator reports full-year loss as voyage income drops.
  • Blockchain reaction: will hard cash remain dominant in shipping?
    Will blockchain technology and Bitcoin transform international payments for shipping, or will it prove another false turn in the long-running attempts to streamline global trade? Julian Bray examines the evidence so far
  • The day the music died: Hamish Norton hands over keys to Manhattan townhouse
    Generations of promising classical musicians have been able to showcase their skills in front of a select audience at the New York home of Hamish Norton. Now, as Joe Brady writes, the curtain has come down
  • Ezra seeking advice on Emas Chiyoda filing
    US bankruptcy judge also approves DIP financing package to keep work going.
  • Algoma and Nova drive dry consolidation
    Canadian and Swiss owners are mulling the creation of a joint venture with 70 vessels.
  • d'Amico looks to leasebacks amid positive market read
    Milan-listed owner rings up a loss in 2016 but chief executive believes better times are around the corner.
  • Diana signs boxship charter with OOCL
    Rate indicates continuing weakness for smaller containerships.
  • TNG falters in fourth quarter
    Croatian MR tanker player's earnings dip, but annual result is stronger.
  • Bondholders approve Farstad refinancing
    Another hurdle cleared as owner heads for offshore mega-merger.
  • Grindrod trimming tanker, bulker fleet
    South African owner redelivering or selling older ships as loss grows.
  • Seaspan upgraded on back of dividend cut
    Higher rating from JP Morgan comes after active quarter that saw fleet renewal, newbuilding delays and more.
  • Cosco Corp lands boxship treble
    Chinese shipbuilder wins deal for 1,750-teu vessels from European owner.
  • Mitsui Engineering sets for further bond issues
    Japanese shipbuilder places paper on the shelf to clear the way for fundraisers.
  • Old oil caused heavy-lift grounding
    Norwegian authorities say dirty lubes led to Tide Carrier's engine failure.
  • YZJ to cut another 10% of workforce
    Chinese yard taking more action to combat slump as profit drops.
  • Marenave wins more time for Offen deal
    German owner has until end of March to secure new investment.

American Shipperweb site
MARCH 2, 2017
  • APL enters new chapter
    There was a conscious decision by the parent of container line APL, the CMA CGM Group, to go against the grain when it came to managing its...
  • ZIM records profit of $4.6m for Q4 2016
    Israeli ocean carrier ZIM generated a net profit of $4.6 million for the fourth quarter of 2016 compared to a net loss of $28 million for t...
  • 11 shipping companies cut terminal handling costs in China
    The National Development and Reform Commission (NRDC) said 11 shipping companies will cut terminal handling costs in China, the Shanghai Da...
  • Demand surges for Iranian crude oil
    Foreign demand for Iranian crude oil has increased significantly since sanctions against the nation were lifted last year. According to U....
  • Delta Cargo launches DASH Critical & Medical
    Delta Cargo said it has launched the first fully GPS-enabled, same-day product offered by a U.S. freight carrier, dubbed DASH Critical &...
  • AAR: U.S. rail traffic rises 4.2 percent in February
    United States-based freight railroads saw shipment volumes increase for the fourth consecutive month in February 2017 after several months ...
  • Report: IMO sulphur cap could cost carriers billions
    International Maritime Organization (IMO) regulations set to go into force in 2020 could cause shipping industry fuel costs to jump by as m...
  • Panalpina profits plummet in 'challenging' 2016
    Swiss-based international freight forwarding and third-party logistics provider Panalpina saw its consolidated profits plummet 40.7 percent...
  • TIACA committee calls for change in supply chain
    The International Air Cargo Association's (TIACA) Shippers' Advisory Committee (SAC) said in a new position paper that change is needed, an...

The Bunker Bulletinweb site
MARCH 2, 2017
  • REFINERY NEWS: CDU at UK's Grangemouth undergoing works: sources
  • Bunker trader Aegean reports 1.9% slip in Q4 sales volume
    Global bunker supplier Aegean Marine Petroleum saw a 1.9% slip in bunker sales volumes in the fourth quarter from a year earlier
  • ANALYSIS: Price, port dynamics could unlock mystery of Rotterdam's missing bunker demand
    "It has to do with price, and the poor performance of the shipping segments."
  • TRADER NOTE: Glander International Bunkering hires sales manager
    Marine fuels trader Glander International Bunkering has hired Andreas Chrysikos to join its Geneva office as a sales manager
  • External: Wired Bunkering
  • Singapore Mar ex-wharf 380 CST bunker term at $1.75-2/mt premium, down from $3-3.5
    The ex-wharf 380 CST bunker differential has tracked the drop in cash differential for 380 CST fuel oil cargo in February.
  • Open interest for ICE front-month Singapore HSFO contracts hits 19-month high in Feb
    Build-up in open interest volumes indicates that March is going to be a busy month for trading activity, with a lot of the volume traded on March/April 380 CST timespreads.
  • Singapore Mar ex-wharf 500 CST bunker fuel term inked at $2/mt discount
    Few suppliers were able to offer the ready grade higher viscosity bunker fuel on a term and spot basis due to tight availability.

›››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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