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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:10 GMT+1
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BRIEFS
April 4, 2017
International Transport Journalweb site
  • One more shuttle - two a week
  • A facility with a future
  • US railroads deeply connected to international trade
  • Loan to support development of fuel efficiency CV
  • Enlarging capacities
  • Upswing for Yuzhny port in Q1
  • Steve Scalise receiving "Port Person" award today
  • American Airlines expands capacity to San Juan
  • Joining aerospace network
  • Biggest Dreamliner takes to the skies
  • Gunn recruited as Gefco VP freight forwarding
  • Cyclone Debbie cripples coal trains in Australia
  • Greenock ocean terminal is ambitious
  • 3 PL company forms new unit
  • Emirates Skycargo ensuring freshness
  • New locomotives extend portfolio
  • John Jergens joins Crane Worldwide
  • Plans for new warehouse in port of Marseille

IHS Maritimeweb site
APRIL 3, 2017
  • How DryShips is using dilutive stock sales to transform its fleet
  • Norway scuppers reefer shipping and logistics merger
  • Marenave restructuring gets nod from banks
  • Chinese in race for HSH Nordbank privatisation
  • Stellar Daisy broke in half, claims survivor
  • Hyundai HI to spend over USD3 billion on research and development
  • MOL to rethink operations as earnings improve
  • Skies clear in product tanker sector, but prospect of false dawn looms
  • India's Adani eyes new port in Malaysia as extension of Port Klang
  • Singapore, Japan's port sectors strengthen bilateral ties
  • Yangzijiang boosts orderbook by USD318 million in first quarter
  • Baltic Dry Index up despite impact from cyclone Debbie
  • Mitsui Engineering & Shipbuilding to divide businesses
  • Samsung HI's labour union puts wage talks on hold, to work with management

The Loadstarweb site
APRIL 3, 2017
  • UK rail network revamp guarantees capacity for future freight growth
  • The LongRead: Heathrow, falling in love with cargo again
  • US east coast ports winning the battle to bring in Asian exports
  • Analysis: can Yang Ming raise enough cash in time to prevent it sinking?
  • Whitehall thumbs-up for Trailblazer forwarder group apprenticeships
  • Air cargo growth outpacing trade as upward trend continues
  • The shame of shipowners as Germany tops list for worst scrapping practices
  • Matternet cleared to fly blood samples in delivery drones over Swiss cities

Marine Logweb site
APRIL 3, 2017
  • VIDEO: SSN 787 successfully completes sea trials
  • ABB teams with Presserv on vessel stacking service
  • Latest Algoma Central Equinox bulker is headed for Canada
  • Oldendorff drives digital revolution with BMT
  • ABS grants GDA approval to HHI LNG fuel tank design
  • Indian dhow hijacked by Somali pirates
  • Shell to supply fuel for first LNG powered Aframaxes
  • TMC compressors picked for newbuild VLCC duo
  • Ecochlor files for BWTS USCG Type Approval
  • Minerva Marine opts for Wartsila for tanker BWMS retrofits
  • Hyundai Heavy extends MAN two-stroke license agreement

Lloyd's Listweb site
APRIL 3, 2017
  • Seago profits slashed by half
    Maersk Line's shortsea specialist sees profits fall to $75m as rates reach an 'unsustainable level'
  • Cosco Shipping close to inking Walmart transpacific contract terms
    Ocean Alliance members expect improved Asia-US rates this year after record lows in 2016
  • Lloyd's List Americas Awards 2017 finalists announced
    Awards recognising the best in shipping in North, South and Central America to be announced at a gala evening in New York City next month
  • New alliances fail to reassure European shippers as cargo backlog grows
    ESC expresses concern that delays on the backhaul Europe-Asia trades could be a sign of things to come in new alliance era
  • German owners on the brink
    Non-operating owners are running out of options
  • Epic Gas refinances 14 LPG carriers with new $90m facility
    Gas-carrying company now has no refinancing requirements until 2019
  • Bureau Veritas' Donche-Gay promoted
    Mr Donche-Gay will lead the class society's digital-led business transformation
  • Sabine Pass exports 100th cargo of LNG
    Cargoes from US Gulf should soak up tonnage and improve rates for vessels
  • Rates below Frontline's breakeven, but over operating costs
    VLCC volatility in action as earnings at year-to-date lows, down from $50,000 per day in January
  • Brexit boost for UK steel to increase handysize demand
    UK's exit from the EU will increase steel imports which will, in turn, raise demand for geared vessels
  • HHI to invest $3.1bn in R&D
    HHI aims to allocate about 6%-7% of its annual sales to product research in the longer term
  • AET plans LNG fuel option for half its fleet
    Tanker operator's move is the single largest commitment to LNG propulsion by a major shipowner so far
  • KHI to shift merchant shipbuilding to China
    Japanese businesses to suffer 30% cuts in order to focus on gas vessels
  • Singapore and Japan deepen collaboration in port sector
    Areas of co-operation include port planning, port management and technological development in the port sector
  • Shipowner action on sulphur cap still a year off
    Wärtsilä chief expects investment decisions on fuel-switching technology and scrubbers from 2018
  • Yangzijiang clinches 13 shipbuilding orders worth $318m
    The Chinese yard sees recovery signs in secondhand vessel and bulk carrier markets
  • MHI inks initial pact with compatriot yards Imabari and Namura
    The trio are working on a commercial vessel partnership
  • US court dismisses EIG's claims against Sembcorp Marine
    Claims related to alleged Petrobras and Sete Brasil corruption case
  • SGX could start LNG freight index and bunkering contracts
    Exchange has launched its third LNG price index for the Middle East/South Asia region
  • Between the lines: Alliances analysed
    As the new alliances launch their new services, we take a deep dive into their network operations
  • Heady mix for transpacific box trades as shippers brace for alliance confusion
    Ocean carriers and their customers are negotiating rates and volumes just as lines inaugurate new vessel sharing arrangements and union bosses mull an offer from employers

The Journal of Commerceweb site
APRIL 3, 2017
  • Politics clouds launch of 'single window' for NAFTA customs data
  • EU-based carriers set for Canadian cabotage relief
  • MOL eyes 2017 profit ahead of merger finish
  • India's Adani Ports seeks to be global operator
  • ELDs signal higher US drayage costs for BCOs ahead
  • Proposed California container fee threatens BCOs' routings
  • Saia, TST Overland form US-Canada LTL trucking alliance
  • Russian highway toll increase lower than expected
  • Productivity gains lift JNPT to record fiscal year

TradeWindsweb site
APRIL 3, 2017
  • Second-hand bulkers continue value surge
    Data from Shipping Intelligence and the Baltic Exchange show significant gains in dry-bulk assets.
  • Bigger fleet, better rates boost Seanergy
    But New York-listed bulker owner still sees fourth quarter loss as financing costs rise.
  • Martel formally takes CEO role at CSL
    Montreal-based bulker owner also names other executives as part of Martel's transition.
  • Investors lash out at Ocean Rig bankruptcy
    Highland Capital takes aim at Economou and DryShips, but Ocean Rig says it's the target of vulture investors.
  • Eagle Bulk confirms sale and closes on loan
    Gary Vogel-led owner sells sixth ship in a year as it closes in on debt to support Greenship fleet deal.
  • Navios starts up South American ore terminal
    Logistics unit of Navios reiterates Vale's commitment to project, but others may use it too.
  • Shell signs LNG deal for SCF tankers
    Major's LNG bunker tanker newbuilding to supply fuel to Sovcomflot's groundbreaking aframaxes.
  • Arctia profit falls in 2016
    Finnish icebreaker owner sees revenue dip in "very mild" winter.
  • DryShips taps Kalani again as $662m spending spree closes
    George Economou-led owner turns to investment partner for more funds after buying 14 ships in quick succession.
  • NAO's chief executive Bjorkli to depart
    Former RS Platou shipbroker to exit New York-listed offshore vessel owner on 'excellent terms'.
  • Norway blocks Eimskip's Nor Lines takeover
    Owner's move for short-sea player would "significantly impede" competition.
  • AET powers new aframaxes with LNG
    Malaysian owner set to equip newbuildings under construction at Samsung with dual fuel engines.
  • SMIC buys chunk of ro-pax group 2Go
    Philippines investor takes 34.5% stake in ferry company.
  • MR tankers pull back
    LRs, aframaxes and suezmaxes also slip but VLCCs regain ground.
  • Howe Robinson hires tanker trio
    Former Brassington Chartering men join brokerage's London tanker desk.
  • Pakistan warns owners on surcharges
    Lines face legal action unless they drop port congestion fee.
  • Winning in pole position on growing bauxite trade
    Singaporean owner's dominance of capesize S&P arena bettered by stranglehold on Chinese bauxite shipments.
  • Costamare newbuilds now all employed
    Five Hanjin Subic vessels have each now found time charters in an improving market.
  • Somali pirates strike again
    Assailants reportedly hijack Indian cargoship off the semi-autonomous region of Puntland.
  • Alassia charged over 2015 bulker spill
    Canada launches case against Greek operator after English Bay incident.
  • PGS utilisation slides in first quarter
    Oslo-listed seismic shipowner sees contract cover drop to 53%.
  • Tsakos tied to products tanker deal
    Greek owner said to have picked off 12-year-old ship at new price low.
  • HNA linked to HSH Nordbank takeover
    Chinese shipowner said to be among more than five bidders for German shipping lender.
  • Petronas to make floating LNG production history
    Malaysian energy company set for landmark event with debut shipment expected to head for South Korea.
  • Ezion banks $70m from Malaysian sales
    Singapore owner offloads 50% stake in subsidiaries to Sea Explorer.
  • Odfjell Drilling semi-sub wins well charter
    Owner says Deepsea Bergen will work on Norwegian shelf in Q2.
  • Dorian LPG explores trip to bond market
    New York-listed VLGC specialist hires banks to set up fundraising effort.
  • HHI spending $3bn on research
    Yard and newly spun-off affiliates up development budget through to 2021.

American Shipperweb site
APRIL 3, 2017
  • HHI to invest $3.1b in R&D by 2021
    Hyundai Heavy Industries Group (HHI) will invest $3.1 billion in research and development (R&D) by 2021, the South Korean shipbuilder s...
  • New research group addresses supply chain blockchain relevancy
    A new research group aimed at helping the supply chain industry better understand the application of blockchain technology has released a n...
  • FMC's Khouri to meet with European, Chinese regulators
    Federal Maritime Commission (FMC) Acting Chairman Michael Khouri said he will be in China this month for a third round of joint discussions...
  • Cary Island, Malaysia could gain new 'maritime city'
    Malaysianport operator MMC Port Holdings will partner with Adani Ports and Sime Darby Property under a memorandum of understanding (MOU) to...
  • Ethiopian Airlines launched two new freighter routes to Europe
    Ethiopian Airlines has launched two new freighter routes to Europe- one to Milan, Italy on April 2 and one to Zaragoza, Spain on March 28. ...
  • MPA extends port dues rebate for vehicle transshipments
    The Maritime and Port Authority of Singapore (MPA) has extended a program under which automobile carrier operators handling transshipment v...
  • UPS adds Saturday delivery to speed e-commerce operations
    UPS Inc. is adding Saturday pickups and deliveries in an effort to accelerate e-commerce shipping operations, the company said in a stateme...
  • Federal judge dismisses CSX fuel tax lawsuit
    A federal judge has ruled in favor of the state of Alabama in a lawsuit surrounding the state's use of a fuel tax on railroad operators. T...
  • More shipping lines agree to cut terminal handling charges in China
    Seven more container shipping lines, including OOCL and ZIM,have offered to cut terminal handling charges in China, the Xinhua News Agency ...

The Bunker Bulletinweb site
APRIL 3, 2017
  • ANALYSIS: Turkish security concerns to weigh on local bunker fuel demand
    Tourist numbers in 2016 dropped 25% year on year to 31.4 million, data from statistical agency Turkstat showed, and some governments have issued warnings about travel to Turkey in 2017.
  • ANALYSIS: 2020 IMO sulfur cap to push shipowners into distillates pool
    The problem is that estimates of refinery capacity fall well short of projected distillates demand.
  • DRY BULK: Very Large Ore Carrier Stellar Daisy goes missing in Atlantic Ocean
    The vessel with 24 crew on board disappeared after making its last contact on Friday.
  • External: Wired Bunkering
  • FUTURES: Crude ticks lower on rising US rig count
  • DRYBULK: Spike in movement of dry bulk products on PG-India route in Q1
    Platts has recorded 39 spot orders to move dry bulk cargoes between January and March this year, versus 31 cargoes last year.
  • FUEL FOR THOUGHT: Japan pushing to retain Abu Dhabi oil concessions
    Competition for concessions is expected to be intense.

›››File
FROM THE HOME PAGE
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
PORTS
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
ENVIRONMENT
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
COMPANIES
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
PORTS
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INDUSTRY
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
PORTS
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
COMPETITION
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
ENVIRONMENT
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
LOGISTICS
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
SHIPPING
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
PORTS
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
SHIPPING
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
SHIPPING
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
PORTS
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
EDUCATION
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
MEETINGS
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
MOURNING
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
SHIPPING
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
PORTS
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
LOGISTICS
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
PORTS
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
SHIPYARDS
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
SHIPPING
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
PORTS
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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