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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:31 GMT+1
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BRIEFS
February 8, 2017
Sched Netweb site
  • Hanjin's five new panamax boxships up for sale in Hong Kong
  • Cosco Shippping Holdings warns of US$1.4b net loss in 2016
  • MSC launches new faster service to Hamad Port for Qatar bound cargo
  • WTO rules against Russia in dispute with EU over duties on LCVs
  • Haifa is first port in Israel to handle 13,000 TEU box ship
  • EU and Mexico to hold more talks on new FTA
  • Shipping returns to normal with rising water levels on Rhine and Danube
  • Air cargo soars to five-year high but turbulence awaits industry in 2017
  • Siginon Aviation to service Qatar Airways Cargo in Kenya
  • Launch of Florida's first ocean-to-air perishables shipment at MIA

Exim Indiaweb site
FEBRUARY 7, 2017
  • Bahri adds 37th VLCC to multipurpose fleet of 84 vessels
  • Evergreen recognised for protecting blue whales & blue skies
  • FFFAI's 23rd Biennial Convention concludes in Cochin on a high note
  • NTC Logistics successfully executes coastal movements
  • Yashpal Sharma appointed Managing Director of Skyways Group
  • Massive surge in soyameal export
  • APSEZ organises trade meet in Rudrapur, Uttarakhand
  • Belgian Deputy PM inaugurates JNPT-APEC Training & Consultancy Foundation
  • Changed US stance on Iran seen as a factor delaying Chabahar port project
  • DP World reports 3.2 pc volume growth in 2016 & 6 pc volume growth in 4Q 2016
  • Major Ports handle more cargo post-demonetisation
  • Nitin Gadkari holds meeting with Deputy Prime Minister of Belgium; seeks greater Belgian participation in maritime sector

International Transport Journalweb site
  • Changing markets
  • Swedish truck maker expanding in Thailand
  • Rishi takes top job at JDA
  • Goodman active in Hamburg and UK Midlands
  • Green light for new generation tank cars
  • Port of Seattle CEO resigns amid pay-out probe
  • APL enhances South America west coast service
  • Florida's first ocean-to-air perishables shipment
  • Inland rail - the right rail investment for Australia
  • Italy eager for Liebherr equipment
  • DFW installs new cold chain storage equipment
  • VIIA Britanica rail motorway in service again
  • Life sciences centre opens in Hyderabad
  • Gburek takes on spokesman role at Timocom
  • NWSA comes back on containers
  • Honey and sweet dreams: long air links to Auckland

IHS Maritimeweb site
FEBRUARY 7, 2017
  • Bankruptcies continue to pare public shipping field
  • Spanish dockers to strike over government dock labour decree
  • UK Chamber of Shipping emphasises Brexit benefits
  • Second Rickmers Maritime vessel sold to clear debts
  • Scorpio stock rise highlights investor refocus on dry bulk
  • Tonnage growth, demand headwinds to hit tanker rates and earnings in 2017
  • Sungdong workers face unpaid leave as orders fall
  • Ezra could be wound up over subsidiary's unpaid charter
  • Maersk 2016 loss expected to narrow on Q4 Hanjin effect
  • KDB: No autonomous restructuring for DSME

The Loadstarweb site
FEBRUARY 7, 2017
  • Hamburg Süd gets closer to Maersk with new east-west slot charter agreement
  • Jebel Ali hit by less transhipment, but new facilities give DP World a boost
  • 'No' to corruption starts to pay off as major shippers seek out Nigerian forwarder AMG
  • Analysis: declining UPS share price overlooks strong fundamentals
  • Debt level fears for Korean Air as the won grows weaker
  • Is the supplier-retailer relationship at breaking point?
  • Dennis Lutwin new US automotive chief at DHL Supply Chain
  • Rachel Morley joins BIFA board as Carson McMullan steps down
  • Tilbury's £1bn drive to expand into Thames 'global trading port'

Marine Logweb site
FEBRUARY 7, 2017
  • Hyundai Heavy marks production of its 5,000th propeller
  • Fincantieri submits its proposal for Army's MSV-L
  • New jack-up design targets next gen wind turbines
  • Octopus will help Klaveness meet new emissions regs
  • Drewry introduces credit research service
  • Ultrapetrol files for Chapter 11
  • VIDEO: USS Enterprise decommissioned

Lloyd's Listweb site
FEBRUARY 7, 2017
  • Singapore and Dubai agents join forces in global ports agency
    Ben Line Agencies and Sharaf Group to launch WaterFront Maritime Services in April
  • Yang Ming to raise $54m through private offering
    Offering set to follow significant capital reduction later this month
  • Ultrapetrol files for bankruptcy
    Company will sell its business to its biggest shareholder after liabilities reach $566m
  • US border tax plan may upend dirty tanker demand
    Tankers will have to adjust to accelerated US oil exports and falling imports
  • Without ambition we are dead, says NAT's Hansson
    Suezmax owner eyes expanding fleet from 33 to 40 suezmaxes
  • Heavyweight consortium to boost Pakistan LNG imports
    LNG carrier owners eye new trading opportunities for into Pakistan
  • DFDS posts 50%-plus surge in profit for 2016
    Ferry and ro-ro operator launches $115m share buyback and boosts dividend payments after strong year
  • Pilbara Ports clears vessels ahead of tropical low
    LLI data shows at least 35 bulkers are due to arrive at port in next few days
  • American Shipping mulls $220m bond
    Ocean Yield would buy $110m on top of its existing $200m of AMSC debt
  • Supramax rates weaken but recovery signs appear
    Rates in some Pacific benchmark routes improved week-on-week
  • Cobelfret orders two ro-ro workhorses at HMD
    Newbuildings are part of the operator's expansion plan
  • VLCC life is a rollercoaster, you just gotta ride it
    Spot market volatility and hostile takeover bids from tycoon John Fredriksen - what more could you want from the big crude tankers in the course of just one week?
  • Data Hub: Charter Rates
    Demolition levels hit new heights last year, but will have to double to save what promises to be a thoroughly depressed market in 2017
  • Mitsui Engineering & Shipbuilding net profit down 29%
    Japanese shipbuilder forecasts a full-year profit for fiscal 2016
  • DP World container throughput grows 6% in fourth quarter
    Terminal operator says ahead-of-market growth due to benefits of globally diversified portfolio
  • Government ban stifles Pakistan's recycling market
    Gadani recyclers may disappear from bidding tables if permits to come back online are delayed
  • Ezra seeking advice on winding-up threat from Forland
    Statutory demand is against Ezra as it was charterparty guarantor
  • Citi's Michael Parker sees bright future for container shipping
    Top shipfinance banker expresses optimism about industry outlook as box lines begin to behave like normal industrial corporations

The Journal of Commerceweb site
FEBRUARY 7, 2017
  • Georgia ports works to sate high industrial real estate demand
  • International Longshore and Warehouse Union
  • Itajai gets desperately needed dredging funds
  • NY-NJ terminal doubling capacity ahead of bridge raising
  • Slideshow: Four ways shippers can protect from another Hanjin
  • India ignores import tax opposition
  • DP World volume jumps on Europe, Asia strength
  • DFDS earnings soar on freight surge
  • JNPT volume drop weighs on Indian major port growth
  • Japanese air cargo growth to slow
  • Hanjin collapse to buoy Maersk's 2016 results

TradeWindsweb site
FEBRUARY 7, 2017
  • Thorco MPP disabled off Eastern Canada
    Coast Guard said to be monitoring the situation; towing set for Wednesday.
  • Battle rages behind Ultrapetrol Chapter 11
    Copernico Argentina Fund targets shipowner's directors and executives claiming $880m in assets being sold for just $75.5m. Defendants challenge valuation claim.
  • ConTex holds firm over 300
    Upward trends among containership rates continue, bringing back some optimism.
  • Trafigura takes on Teesside LNG terminal
    Trader takes downstream LNG position by taking long lease on UK import facility.
  • Ardmore in sale-and-leaseback move
    Product tanker specialist refinances vessel in transaction that generates almost $10m in cash.
  • Hapag completes $213.7m notes offering
    German liner company taps the bond market for the second time in less than a month.
  • Ben Line and Sharaf launch WaterFront
    New global shipping agency formed through the cooperation of traditional companies.
  • Panama Canal volumes hit new record
    January total is best ever at expanded Panamanian waterway.
  • Ardmore quarterly loss in line with Wall Street
    Anthony Gurnee looks for stronger market this year after owner records red ink in final three months of 2016.
  • Global Offshore falls to bigger loss
    Indian owner hit by falling revenue in third quarter.
  • Essar linked to panamax quartet
    Indian owner said to be buying bulkers to cope with growing steel demand in Hazira.
  • Samudera Shipping reveals string of sales
    Samudera Shipping has collected $5.73m from the sale of a string of older vessels. Singapore-listed Samudera says the 4,630-gt Sinar Jimbaran (built 2006) is the last of six ships to be sold in the past 12 months. In a statement to investors the shipowner explains the ships were largely sold after they became unprofitable. One of the vessels exiting the public company, the Amanah, has been scrappe
  • Yang Ming banks $54m from share sale
    Loss-making owner raises more money through stock offering.
  • Hoegh LNG claims a first on Pakistan project
    Norwegian owner joins big-name consortium to go beyond its involvement in previous schemes.
  • MES slashes forecast after profit drops
    Japanese shipbuilder expects lower annual result after nine-month figures weaken.
  • DP World keeps rising in 2016
    Port terminal operator posts 3.2% annual increase in volumes thanks to strong fourth quarter.
  • New offshore giant nursing debt headache
    Clarksons Platou says Solstad Farstad faces "Trump-sized wall" of maturities in 2021.
  • Swan Hellenic to sail again
    G Adventures buys cruise line from bankrupt All Leisure and seeks new ship.
  • Samsung shares fall over delay concerns
    Shipyard sees biggest intraday decline since April as investors cast doubt on Fredriksen's newbuilds.
  • Eimskip building transatlantic capacity
    Icelandic line bringing in extra ship to cope with substantial growth in imports.
  • DFDS makes more and boosts dividend
    Danish owner finishes 2016 on a strong note and is keen on exploring digital opportunities.
  • Hapag-Lloyd launches new notes offering
    German liner company shoots for $160m to repay debt maturing in 2018.
  • Ultrapetrol files Chapter 11 papers in New York
    Shipowner in pre-packaged deal that will see two remaining divisions sold to its main shareholder.
  • Hyundai Merchant chief charts return to profit
    Yoo Chang-keun talks about a return to the black next year for the Korean shipowner.
  • Fredriksen: more opportunities with Rokke
    Offshore merger could be just the start for cooperating billionaires.
  • Farstad launches share and bond offers
    Norwegian owner selling new stock and convertible notes as part of restructuring.

American Shipperweb site
FEBRUARY 7, 2017
  • YRC Worldwide posts $7.5m net loss for Q4 2016
    Source: YRC Worldwide For the full year of 2016, YRC Worldwide posted a net income of $21.5 million. YRC Worldwide had a net loss of $7.5 m...
  • Detention and demurrage petition gains strong support
    Source: Ralf Gosch/Shutterstock The Coalition for Port Practices filed a petition with the FMC in December, asking the agency to address fee...
  • Lottery process for ILWU workers to proceed
    The Pacific Maritime Association (PMA), said an arbitrator has ordered the resumption of a lottery that gives workers a chance at becoming ...
  • Intermodal growth engine stalls
    The Intermodal Association of North America (IANA) said intermodal volumefell 2.1 percent in 2016, driven down by weak international volume...
  • QuestaWeb to use FedEx customs content
    The global trade management software provider QuestaWeb and FedEx's freight forwarding division will partner to offer QuestaWeb customers a...
  • Executive Moves: DHL Supply Chain, WSP | Parsons Brinckerhoff and Greenbrier
    DHL Supply Chain appoints president of Automotive, North America, while WSP | Parsons Brinckerhoff names new head of maritime practice and ...
  • DP World grows volumes 3.2% in 2016
    Port terminal operator DP World handled 63.7 million TEUs at its container terminals during the year in 2016, a 3.2 percent increase from 2...
  • NHTSA proposed rule aims to accelerate connected vehicle tech
    Source: Karsten Neglia/Shutterstock The National Highway Traffic Safety Administration (NHTSA) has issued notice of proposed rulemaking that...
  • USCG: Multiple flood points likely cause of El Faro casualty
    Multiple sources of flooding were the likely cause of the 2015 sinking of the El Faro , according to an analysis released during the third ...

The Bunker Bulletinweb site
FEBRUARY 7, 2017
  • Fog clings to Houston Ship Channel; no vessel boarding: dispatcher
  • External: Praxis Energy Agents S.A
  • TRADER NOTE: Bunker trader Monjasa appoints new head of credit
    Previously he worked for Danske Bank as deputy head of credit.
  • Monjasa withdrew credit from Hanjin 6 months before collapse
    "A punctual credit assessment process saw Monjasa withdrawing from granting trading credit to Hanjin Shipping six months prior to the company's bankruptcy filing."
  • Russian export duty hike makes bunker market preferred outlet for fuel oil
    "The difference between the export and bunker market is turning in favor of the bunker market."
  • External: Wired Bunkering
  • BP says getting back to growth after Q4 output drops
  • ANALYSIS: Saudi Arabia's forceful strategy lifts Japan crude sales to 10-year high
    - Supply to Japan at 10-year high of 1.18 million b/d - Lifts market share to 36% in 2016
  • Open interest for ICE front-month Singapore HSFO contracts rise by 1.09% in Jan
  • FUTURES 2: Crude firms as OPEC compliance continues to hold sentiment
  • FUTURES: Crude rallies amid fresh signs of compliance to cuts
  • OPEC Jan output 32.16 mil b/d, down 690,000 b/d from Dec - Platts survey
    The survey shows that several OPEC countries covered by the agreement still need to make some progress in lowering output to their allocations

›››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%)
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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