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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:33 GMT+1
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BRIEFS
April 3, 2017
Sched Netweb site
  • Asia-Europe rate rises 2.8pc to US$838/TEU, up 14.8pc to USWC
  • CMA CGM increases Asia-West Africa freight rate US$500/TEU from May 1
  • China Merchants profit up 14.3pc to US$706 million as sales rise 14.0pc
  • Singapore's APL sets sail in CMA CGM service with the Ocean Alliance
  • Singapore grants Japan's 'Big 3' approval to merge box operations
  • Hamburg expands Vorhafen Harbour Basin for more space at Tollerort terminal
  • MOL buys 20.9pc of Malaysia's PKT Logistics to optimise joint 'synergies'
  • CN and TFI strike deal to strengthen Canadian intermodal service
  • 30pc of digital jobs in China by 2035 may be created through Alibaba: study
  • Falling orders, new China paint rules to lead to container shortage: CIMC
  • Malaysian Export Academy to hold retail, wholesale, meeting in Vietnam
  • Pittsburgh Airport's cargo rises 5.9pc in January and February
  • 100 tonnes of flowers fly from Colombia to Britain for Mother's Day
  • Delta, Korean Air enter JV to stave off rivals and share revenues, costs

Exim Indiaweb site
APRIL 2, 2017
  • CITI Solutions opens new office to focus on international freight forwarding
  • Credit growth in exports & shipping a sign of improved sentiment, says analysis
  • OCEAN Alliance commences on April 1
  • DP World's NSIGT introduces automated gates for the first time in Indian ports sector
  • JN Port achieves all-time high throughput of over 4.5 million TEUs in 2016-17
  • JN Port handles its deepest ever container vessel
  • Kandla Port crosses 105 mt throughput in 2016-17
  • KPT Board approves number of measures for all-round development of the Port
  • Nitin Gadkari inaugurates child care centre as part of Mumbai Port's CSR project
  • State Assembly approves setting up of Gujarat Maritime University
  • Gateway Rail to start handling container traffic at Viramgam
  • GST seen beneficial to organised logistics
  • Cabinet allows unrestricted exports of all certified organic agricultural products
  • Dr Lalit Kanodia to be President & Raj Nair Vice-President of IMC for 2017-18

International Transport Journalweb site
  • Strengthening Georgia as transport and logistics hub
  • Joint forces to create digital freight train
  • USD 25 million lands in Freightos net
  • Niches in the north
  • Long-term contract on the Maasvlakte
  • Flower for John Good's new NW agency
  • Best financial year ever
  • Lufthansa Cargo back on track?
  • Trans-o-flex finally announces CEO
  • New IT system for domestic rail traffic in Norway
  • Wave of cranes to Latin America
  • Tony Barnes new Seko COO Asia
  • Shopping in Malaysia
  • New FCL and LCL train from Guangzhou to Vorsino
  • Faster transit from southern Spain to UK
  • Jumbo freighter order cancelled

IHS Maritimeweb site
MARCH 31, 2017
  • Mitsubishi HI signs alliance agreement with Imabari and Namura
  • MOL to take USD183.3 million hit on box ships
  • Exmar expects to close Vopak deal for the summer
  • Container shipping seen turning corner as freight, charter rates firm up
  • Beleaguered EMAS served notices of demand for two support vessels
  • Cosco Shipping Holdings suffers USD1.4 billion loss
  • HMM launches South Korea-China-Russia service
  • World's first LNG icebreaker docks at Russia's Sabetta Port
  • DSME's bond holders urged to accept bailout
  • Profit and throughput grow strongly at China Merchants' Hong Kong-listed ports division
  • Japanese trading groups may finance shipbuilding

The Loadstarweb site
MARCH 31, 2017
  • Shippers draw up April Fools' Day contingency plans as new alliances launch
  • UK Express under fire as GMB union takes action over delivery drivers' status
  • Container lines see rate rises stick across most ocean trades
  • Brexit 'a leap in the dark', but flexible shippers could benefit
  • Gatemore chief piles on the pressure as DX Group unveils merger plan
  • What a world led by China might look like
  • enVista appoints Henry Gorski as EMEA ocean category manager
  • China's COSCO Shipping reports $1.4bn loss for 2016
  • Anthony Gunn appointed executive vice president of forwarding at Gefco
  • Tony Barnes is SEKO Logistics' new Asia-Pacific chief operating officer

Marine Logweb site
MARCH 31, 2017
  • Mitsubishi Heavy moves ahead with shipbuilding alliances
  • Sanmar and Robert Allan Ltd. mark 150 vessel milestone
  • VIDEO: First ice-breaking LNG carrier docks at Yamal terminal
  • Damen develops First Line Assistance Vessel
  • Turkish yard delivers Canada's first dual-fueled tanker
  • NTSB reports on sinking of 41-year old U.S.-flag tug
  • Detyens awarded $12 million T-AO 189 contract

Lloyd's Listweb site
MARCH 31, 2017
  • Oldendorff to use 'smart' data to cut fuel costs
    The technology will lead to a reduction in the fleet's carbon footprint
  • A logistical nightmare
    The UK's decision to leave the European Union has left forwarders in the dark over the future of the supply chain
  • This is why Bourbon is in trouble
    Offshore sector still feeling the sting of oil price collapse in worst market for 30 years
  • Bourbon lease deal worth $1.5bn on the rocks
    Negotiations between offshore giant and ICBC 'not going well'
  • Spot market rejects latest carrier price push
    Container lines left playing the April Fools as third successive attempt to hike rates falls flat
  • Higher debt costs pinch shipowners
    Rising interest rates increase cost of debt by 0.5% to 1%
  • MOL to delist from Nagoya Stock Exchange
    Move partly due to low traded volumes on the board
  • Creditors demand written pledge from DSME union not to strike
    Union will have to submit pledge by next week
  • Evergreen Marine plans $263m bond issue
    Proceeds will be used to pay back bank loans and improve liquidity situation
  • HMM receives shipbuilders' proposals for up to five VLCCs
    The carrier is evaluating the proposals with the bidding process yet to start
  • FMC's revised shipping service contract rules come into effect May 5
    Move to streamline regulatory processes and costs for ocean shipping businesses
  • Nasdaq exchange regulator seeks to delist Ocean Rig
    Ocean Rig's shares to suspend trading on April 6 unless appeal is successful
  • Eagle Bulk looks past fourth-quarter losses
    Fleet renewal on the way with nine-vessel acquisition and the earmarking of 16 vessels for sale
  • Euroseas goes ahead with discounted kamsarmax newbuild
    Greek owner convinced by Chinese yard's 10% price reduction, coupled with signs of market recovery

The Journal of Commerceweb site
MARCH 31, 2017
  • Steep climb ahead for Mississippi River container terminal
  • Trans-Pac spot rates pop on pre-alliance surge
  • Simplified carrier service contract rule takes effect May
  • JNPT's rail push advances with new depot
  • Weak rates pull China Cosco to $1.4 billion loss
  • Teamsters win wage hikes in US auto shipper contract
  • Kobe unseats Yokohama as Japan's No. 2 port
  • CEVA Logistics, Anji expand China joint venture
  • China Merchant profit soars on strong volume growth

TradeWindsweb site
MARCH 31, 2017
  • Eagle Bulk's Vogel sees dry bulk improving
    China and US infrastructure plans could be major positives for minor bulk cargoes.
  • George Economou tied to Berkeley resale deal
    Greek shipowner's Cardiff Marine said to have purchased kamsarmax newbuilding.
  • Navigator Gas' fifth ship goes in-house
    Gasship owner on path away to shift most of its fleet away from third-party mangers.
  • Gener8 tanker sales talk said 'premature'
    New York owner has not yet closed a deal to halve its remaining aframax fleet.
  • Japanese panamax sales show rising prices
    Reported S&P deals by Kotoku Kaiun, Shoei Kisen and Abo Shoten deliver jump second-hand bulker prices.
  • Dry bulk recovery continues
    Most dry bulk indices were up this week allowing the Baltic Dry Index (BDI) to gain more ground.
  • Two more anchor-handlers out of layup
    Havila and Olympic reactivate ships in better North Sea market.
  • ConTex on a rising spree
    Hamburg Shipbrokers' Association index sees one month of successive improving sessions.
  • VostokCoal to order 15 Arctic bulkers
    Russian producer teams with Nordic Bulk on new fleet initiative.
  • PSV rates climbing
    Steady fixing has boosted earnings in the North Sea.
  • KfW risk provisions reach $175m
    German lender took "conservative" approach to loan problems in 2016.
  • Swedish Club discounts rates by 4%
    Members to benefit from reduction on premium rates for the current year.
  • Songa Bulk acquires two more ships
    Arne Blystad-backed company expands its fleet with double bulker deal worth $43.35m.
  • RMT pays $5m to banks
    Voluntary move designed to lower interest costs as restructuring continues.
  • Mitsubishi confirms shipbuilding alliance
    Imabari and Namura team up with compatriot shipyard while Oshima is expected to join as well.
  • Evergreen Marine falls to $282m loss
    Taiwanese container line sees operating costs outstrip revenue in 2016.
  • Siem offers sweetener to bondholders
    Norwegian owner set to buy bonds worth $23.4m if maturity extension is granted.
  • MOL booking $183m impairment charge
    Japanese giant to take hit on bulker business in fourth quarter.
  • Pan Ocean more than doubles profit
    Restructured South Korean shipowner delivers strong bottom line result in 2016.
  • HMM: no VLCC tender yet
    But Korean owner says it has already received proposals from yards for five tankers.
  • Emas hit by $54m charter claims
    Owners of two vessels want Singapore company to pay $17m within 10 days.
  • DSME worth only $4.5bn if liquidated
    Report by auditor shows big gap to yard's asset-value of more than $13bn.
  • MES considering spin-off plan
    Japanese shipbuilder could split business into yard, machinery and engineering units.
  • Greenship agrees to sell five ultramaxes
    Jacques de Chateauvieux-backed venture wastes little time finding buyer for Crown-63 vessels.
  • DSME creditors seek union 'no strike' pledge
    State-backed creditors want workers to refrain from launching any strikes over restructuring plans.
  • COSCO Shipping reports $1.4bln loss
    Chinese owner expects 2017 to be an improvement on last year as container markets pick up.

American Shipperweb site
MARCH 31, 2017
  • Trump picks McAleenan as permanent CBP commissioner
    Acting Deputy Commissioner Kevin K. McAleenan has been nominated by President Donald J. Trump to be commissioner of Customs and Border Prot...
  • FMC provides date for new rule amending service contracts, NSAs
    The Federal Maritime Commission (FMC)said its final rule amending requirements for service contracts and NVOCC service arrangements (NSAs), ...
  • Lower Mississippi River could gain new container port
    Source: American Patriot Holdings LLC. Plaquemines Port Harbor & Terminal District and American Patriot Holdings LLC want to build a con...
  • Special Coverage: Ocean freight invoicing errors
    There are plenty of variables to quantify the impact of ocean freight invoice inaccuracies, but here's a simple one: the Atlanta-based food...
  • Swiss Post gets green light to begin drone flights
    Swiss Post, the national postal service company of Switzerland, has been given the green light by Switzerland's Federal Office for Civil Av...
  • K + N becomes Grünenthal's global transportation provider
    Kuehne + Nagel, a Swiss-based third-party logistics provider, and Grünenthal, an international research-based pharmaceutical company, agree...
  • Chao: Trump's $1t infrastructure plan to include 'more than transportation'
    President Donald Trump's purported $1 trillion infrastructure plan will cover far more than just transportation infrastructure, U.S. Secret...

The Bunker Bulletinweb site
MARCH 31, 2017
  • US DATA: EIA says January fuel oil imports fall from last month
    Import data showed a total of 6.758 million barrels of fuel oil came into the US, down from 7.074 million barrels from December, as well as the 2016 average of around 7.29 million barrels.
  • Glencore sells stake in oil storage business to China's HNA Group
    The transaction will result in a newly incorporated company, HG Storage International Ltd. Under the deal, HNA Group will acquire a 51% equity interest, which is payable in cash upon closing, subject to customary closing adjustments.
  • Storm hampers bunker operations at Novorossiisk
    Deteriorating weather has meant tighter restrictions on operations at Russia's Black Sea port of Novorossiisk, with bunker operations also hit, sources said Friday.
  • Singapore Q2 ex-wharf 500 CST bunker fuel term at $3-$3.50/mt discount
    This is broadly in line with current quarter term contracts that were concluded at discounts of around $3/mt to MOPS 380 CST HSFO assessments.
  • External: Wired Bunkering
  • Bunker association IBIA appoints new acting board from April 1
    The association's new chairman is Robin Meech, from Marine Energy and Consulting.
  • FEATURE: LNG bunkering still a key solution to IMO's 2020 sulfur cap rule
    Stricter regulations, ample supply, and incentives for infrastructure will promote LNG as a marine fuel
  • FUTURES: ICE Brent edges lower ahead of contract expiry
  • Container shipping may grow 2%-4% in 2017 as economy revives: Maersk
    Supply and demand for container ships is now more balanced but better capacity management will be required.
  • ANALYSIS: Market expects large EU CO2 emissions drop in 2016
    Analysts broadly expect a year-on-year drop of 2-4% for CO2 emissions across the EU ETS in 2016, ahead of the partial data due for release April 3.
  • Iraqi oil output falls sharply, but still above OPEC allocation
    Iraq is committed to "fully implementing" the OPEC cut, Alamri said.
  • TRADER NOTE: Ex-Petrochina head of crude trading to join Mercuria: sources

›››File
FROM THE HOME PAGE
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%)
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.
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
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
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
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%
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%
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
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
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.
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
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
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
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
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
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
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
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
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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