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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:14 GMT+1
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BRIEFS
June 5, 2017
Sched Netweb site
  • Asia-Europe rate drops 4.5pc to US$933/TEU, but up 11.8pc to USWC
  • US trade groups express concern over Trump's Paris agreement departure
  • Box shipping industry to make total profit of US$1.5b in 2017: Drewry
  • Global box shipping industry to see volume growth in 2017: Alphaliner
  • Deltamarin to build containerships for Eimskip, Royal Arctic Line
  • Euroseas to buy 2,788-TEU ship from its JV, Euromar
  • Shipping Corp of India's annual profit of US$27m hit by weak rates, demand
  • US firms missing out on billions of dollars on cross-border trade: UPS
  • UPS names Lauren Zhao as new MD for Hong Kong and Macau
  • Airfreight growth continues but outlook uncertain, says WorldACD
  • Ex-UIC freight director Hans Kersten to be new FIATA head
  • Dogfight between Kung Fu Panda and Hello Kitty breaks out over Asian skies

Exim Indiaweb site
JUNE 4, 2017
  • Bahri inks JV agreement with Saudi Aramco, Lamprell & HHI to build Middle East's largest maritime yard
  • CMA CGM reaffirms commitment to sustainable development
  • PPG appoints new members in India
  • Publication dissects major casualty response
  • Stakeholders call for ensuring adequate draught, augmenting terminal & warehousing facilities for developing sustainable waterways in North-East
  • Transworld Shipping Agencies felicitated for handling highest number of container vessels in Cochin
  • Adani Ports begins berth construction at India's first transhipment port in Vizhinjam
  • Contech Logistics excels in multimodal integrated logistics solutions for ex-im trade
  • Digital India seen heralding revolution in Indian economy
  • Facility for Online Generation of Rotation Number by Shipping Lines/Agents
  • FIEO seeks uniform GST rate for textiles & leather sectors

IHS Maritimeweb site
JUNE 2, 2017
  • Perserverance the key to survival of P&Is, says American Club CEO
  • Saudi Arabia eyes VLCC construction at Ras Al-Khair
  • Spanish dockers to strike from Monday
  • COSCO Energy takes delivery of new LNG carrier
  • Sri Lanka ports minister confirms Hambantota deal to be renegotiated
  • COSCO remains vague on reason for trading halt
  • Polaris Shipping ventures into Supramax segment with Dongkuk Steel contract
  • Hyundai HI orders up more than three-fold
  • COSCO yards deliver Ultramax bulker and agree rig deferral
  • Samsung HI wins Coral FLNG project
  • Trafigura confirms massive tanker order at HHI, New Times

The Loadstarweb site
JUNE 2, 2017
  • EU ramps up air freight security, with more nations labelled 'high-risk'
  • 'Trump's Paris pullout won't hold up transport sector's efforts to reduce emissions'
  • More volatility expected as transpacific spot rates rebound after weeks of decline
  • Analysis: seems like Groundhog Day for CMA CGM's promised IPO
  • Hapag-Lloyd to cut more than 1,000 jobs after UASC merger
  • Walmart turns employees into delivery drivers to compete with Amazon
  • Royal Cargo gears up to meet the growing demand in Philippines cold chain

Marine Logweb site
JUNE 2, 2017
  • Trafigura backs $1.35 billion tanker newbuilding spree
  • VIDEO: Newport News delivers Gerald R. Ford (CVN 78)
  • LNG fueled PSV awarded four year contract
  • MARAD: $9.8 million available for Small Shipyard Grants
  • Modular battery system could be a game changer
  • Gulf Island gets four tug order from Bay Houston
  • Norway: Trade Minister announces all-electric tourism boat

Lloyd's Listweb site
JUNE 2, 2017
  • Brazil Port State Control to inspect all converted VLOCs before loading
    Short space of time between Polaris vessel incidents prompts new safety measure
  • Between the Lines: Capacity changes
    Increasing vessel size on major trade lanes has led to a collapse in the number of services offered.
  • Simulate Stellar Daisy incident to find answers, says ClassNK chairman
    Proper investigation is achievable even as the VLCC-turned-VLOC was lost in high seas
  • Can Yang Ming win back clients' confidence?
    Taiwanese carrier needs to demonstrate more strength to earn shippers' trust
  • Songa's Billung bets on 'supply-driven' rises in bulker prices
    Limited newbuild orders will provide upside to secondhand prices, says industry veteran
  • An ugly figurehead
    The US president has carved himself a crude mahogany effigy, and mounted it proudly on a coal-fired monstrosity
  • Data Hub: World Fleet Update
    Improving conditions for container market lead to optimism that supply and demand are coming back into alignment, but order overhang remains
  • Blockchain to force transparency on shipowners looking for finance
    Industry warned that access to money will be subject to openness and real-time monitoring
  • BW LPG's Ackermann takes Panama Canal toll rises in his stride
    Canal is helping to support demand for LPG, says boss of world's largest VLGC fleet
  • Growth of intra-regional trade spells bad news for box lines
    Technology revolution puts carriers reliant on big ship success at risk, says DSF
  • Defending LOF
    Letter to the editor: It is in the industry's interest to help maintain a capable salvage sector
  • Protest and progress
    Letter to the editor: Shipping was well-represented at climate change negotiations
  • Offshore markets to bottom out by end-2018, says Rystad Energy partner
    Global offshore exploration and production expenditures to recover from next year after higher sanctioned amounts in 2017
  • Hyundai and Lloyd's Register to develop LNG-fuelled bulkers
    Project announced amid tighter environmental regulations in shipping
  • Judy Murray quits ABS
    Corporate director of media communications to pursue freelance writing career
  • First US and Africa floating LNG export projects make headway
    Samsung Heavy Industries wins $2.5bn vessel order for Coral FLNG project
  • Falcon Energy cancels $654m jack-up orders
    Builder Shanhaiguan New Shipbuilding Industry takes a hit
  • Navig8 vessel attacked in the Gulf of Oman
    Navig8 Providence is second product tanker to be attacked this week in the Middle East

The Journal of Commerceweb site
JUNE 2, 2017
  • Brazil poultry shippers in a flap over Itajai port closure
  • NY-NJ drayage truckers snap up chassis ahead of mega-ship arrivals
  • Feds delay decision on new rail line bypassing Chicago
  • Rotterdam port plans offshore energy project support site
  • Shippers to benefit from UP Colorado rail maintenance
  • 'Smart' trailers, boxes set to enhance shipment tracking
  • New Matson ship to increase US-Samoa sailing frequency
  • Canal proposes lower tolls for New Panamax backhauls
  • Growth slows at JNPT despite productivity push
  • Nagoya, Yokkaichi ports form joint venture
  • Sri Lanka to revisit controversial Hambantota port deal
  • Above average air cargo growth slows
  • Trans-Pacific spot market ends four-week decline
  • Cosco vague on details behind ongoing stock suspension

TradeWindsweb site
JUNE 2, 2017
  • Hanssons' share buy takes NAO stake to 10%
    Executive chairman and son invest $1.21m in offshore vessel owner a day after buying more NAT shares.
  • Ocean Rig creditors clash over proposed settlement deal
    Term lenders say Highland raised its demands. Highland says term lenders playing 'hardball'.
  • CMB Financial Leasing finds its 'dream deal' with Peter Gram
    CMBFL hopes to open the door for more transactions with Norway's traditional shipowners.
  • Seacor shareholders gain from OSV spinoff
    Shares of offshore vessel holding company notch gains during the first day of trading.
  • Ernst Russ and Pareto working to start investment firm
    Shipowner joining forces with Norwegian bank to jointly target the German market.
  • Panama Canal looks to change toll structure
    Two-tier toll structure being proposed for panamax and neo-panamax LPG carriers.
  • Coral FLNG project receives green light
    Eni-led development finally gets the go ahead in what will be the first of its kind in Africa.
  • GMS takes novel approach to offshore scrapping
    If competitors sign promises to scrap, it may grease the wheels of a deal
  • Arc7 LNG carrier lines up for Russian naming
    Christophe de Margerie is to be the centre of attention in St Petersburg tomorrow
  • Odfjell shares ambition for chem tanker consolidation
    Kristian Morch says mergers and acquisitions could be on the cards but Oslo-listed owner will not 'bet the farm' to get a deal done
  • The Fjords newbuilding to be fully electric
    Norway's trade and industry minister Monica Maeland was on the water today as Norwegian sightseeing vessel operator The Fjords revealed the name of its second state-of-the-art newbuilding project. Maeland was onboard the company's existing hybrid-electric vessel Vision of the Fjords (built 2016), moored at Tjuvholmen in Oslo for Nor-Shipping, to formally announce the new ship will be called Futur
  • Trafigura to develop competitive advantage
    Commodities giant's big ship leasing deal comes at a time of low newbuilding prices, Affinity analyst notes.
  • Dof Subsea set for Oslo bourse return
    Mons Aase-led company reveals IPO plans and targets further growth in the tough offshore market.
  • Belships adds Imabari newbuilding
    Oslo-listed shipowner adds ultramax for eight years in a deal that includes a purchase option.
  • Navig8 Product tanker attacked by pirates
    Assailants fire shots at oil carrier but armed security team onboard manages to keep the vessel safe.
  • Solstad Offshore fixes and sells PSVs
    Oslo-listed owner wins long-term contract from ConocoPhillips while it also offloads 1996-built ship.
  • Odfjell successfully taps Oslo bond market
    Expanding chemical tanker owner raises more than $59m to help it refinance existing bonds.
  • Five minutes with Kristin Holth
    Kristin Holth, global head for shipping, offshore and logistics at DNB, talks about the challenges for shipping and the need for more hours in every day
  • Seismic player PGS postures for upturn in oil and gas spending
    PGS executive optimistic for renewed growth as analysts foresee improvement in 2017
  • Rickmers forced into bankruptcy by HSH Nordbank
    Germany's HSH Nordbank says it will no longer discuss restructuring of debt owed by Rickmers Holding, forcing the company to file for bankruptcy. The Bertram Rickmers-led boxship and marine services company submitted a term sheet last month for dealing with the bank debt. But late on Wednesday, Rickmers Group said that HSH Nordbank "surprisingly denied approval of the term sheet". Rickmers Grou
  • SGX and port "possible" terrorist targets
    Singapore government says threat remains at highest level in Lion Republic in recent years.
  • DBS suspends coverage of Noble Group
    Singapore bank says recent events make it difficult to anticipate potential outcomes for company.
  • Tavlarios out at Aegean Marine after miss
    UPDATE: Bunker supplier says it continues work on plan to reduce costs and sell ships. Stifel responds with upgrade.
  • Falcon Energy cancels rigs and hires adviser
    Singapore-listed outfit also plans informal talks with holders of bonds maturing in September.

American Shipperweb site
JUNE 2, 2017
  • HMM box volumes skyrocket on Asia-U.S. West Coast trade
    South Korean ocean carrier Hyundai Merchant Marine (HMM) saw its volumes skyrocket 73 percent year-over-year on the Asia to U.S. West Coast...
  • SCFI rises 4.9%
    The Shanghai Shipping Exchange's Shanghai Containerized Freight Index rose 4.9 percent from last Friday's reading of 853.43 to a reading of...
  • Trump's Paris agreement departure troubles trade groups
    President Donald Trump's decision to withdraw the United States from the Paris Climate Agreement on Thursday has some U.S. industry organiz...
  • Walmart begins testing associate delivery service
    Walmart has started testing an associate delivery service, in which trucks move orders from fulfillment centers to stores for pickup, but i...
  • Port of Vancouver, Wash. nears completion of $250m rail project
    The Port of Vancouver USA is nearing completion of its decade-long, $250 million freight rail infrastructure project, dubbed the West Vanco...
  • Descartes jumps deeper into 'pool' distribution
    Logistics systems provider Descartes Systems Group has acquired the assets of Progressive Computer Services, known as PCSTrac, for $11.25 m...
  • Port of Los Angeles FY 2017/18 budget totals $1.17b
    The Port of Los Angeles' budget for fiscal year 2017/18, which will begin July 1, 2017, budget totals $1.17 billion, the port said Thursday...
  • Hanjin Heavy delivers safety-certified autonomous vessels
    Hanjin Heavy Industries, in collaboration with Alpha Ori Technology, has built the first ships to be classified with Lloyd's Register's cyb...
  • Intermodal rates rise for seven consecutive months
    Intermodal rates rose 2.7 percent in April 2017 compared to the same 2016 period, down slightly from a 4.8 percent year-over-year increase ...

The Bunker Bulletinweb site
JUNE 2, 2017
  • Rosneft inks deals with Kurdistan, Thais, Philippines to widen oil cooperation
    Deals with Kurdistan see several projects to build on supply contract
  • Statoil puts VLCC on subjects for Sture-Canada voyage in late June: sources
    Statoil is the equity holder for the bulk of the Oseberg loading program, which consists of seven cargoes of 600,000 barrels each in June.
  • Argentinian refiners buy Suezmax of Nigerian Forcados crude: sources
    A group of Argentinian refiners have purchased a Suezmax-sized cargo of Nigerian Forcados crude for delivery in mid-June, Latin American sources said Friday.
  • Top oil industry figures play down immediate peak demand threat
    Consensus swirls around 2040s-2050s for demand to peak
  • Mexico's Salina Cruz crude-loading port closed by bad weather: ministry
    No tankers had been programmed for departure on Friday, according to the port's web site.
  • Global shipping emissions strategy not impacted by US' Paris pull-out
    "General consensus exists within the industry that we will play our part in matching the spirit and ambition of the Paris Agreement on climate change," Esben Poulsson, President SSA says.
  • External: Praxis Energy Agents S.A
  • External: Wired Bunkering
  • Japan's MHI, MHPI target delivery of new SOx scrubbers from 2020
    The new open-loop system scrubber will alos result in considerable space savings.
  • President Trump says will pull US out of Paris climate accord
    - Trump will pull US out of global deal, seek new terms - US cannot formally exit until 2020 - Decision opposed within administration, CEOs

›››File
FROM THE HOME PAGE
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
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
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
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%)
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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