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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:28 GMT+1
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BRIEFS
May 8, 2017
Sched Netweb site
  • Asia-Europe rate falls 2.4pc to US$996/TEU, off 3.2pc to USWC
  • Cosco spends US$1.8b to own ships, rather than lease from subsidiary
  • DP World's Q1 box throughput rises 5.7pc to 16.4m TEU
  • Majority of container carriers will be in the black in 2017: Drewry
  • Costamare's Q1 profit down 12.3pc to US$23m on 34.2pc lower revenue
  • Port of Houston tonnage up 11pc while box volume surges 18pc in Q1
  • Port of Veracruz to be dredged and expanded
  • Dachser buys majority stake in its Irish partner, Johnston Logistics
  • Sappi Southern Africa opts for K+N to manage seafreight orders
  • Cathay to lease two freighters from Atlas to support expanding services
  • China's home-built passenger plane takes off on maiden flight
  • Airfreight volumes surge 14pc in March: IATA

Exim Indiaweb site
MAY 7, 2017
  • BBC Chartering increases "apac service" capacity between Mediterranean & North America
  • CMA CGM launches new mobile app for customers
  • Exodus ChemTank completes a successful decade of tank container & allied services
  • IMDG Code 38-16 Updates
  • Integrated cargo transport along multiple waterways begins
  • Maersk Line to offer standalone direct service to & from North Europe out of Pipavav
  • Anti-dumping duty extended on shrimp exports from India to US
  • Former Deputy Mayor of Barcelona visits Mumbai Port
  • JN Port & JNPCT achieve record monthly performance in April
  • DP World signs MoU with National Investment & Infrastructure Fund to develop logistics infrastructure in India
  • Expert panel suggests corridor-wise SPVs for developing Dedicated Freight Corridors
  • MoUs worth INR 2 lakh cr. signed during India Integrated Transport & Logistics Summit
  • Multimodal logistics parks seen as way forward for reducing logistics cost
  • Need for supply chain transformation stressed
  • Strong airfreight growth in March 2017
  • Foreign exchange reserves touch all-time high

International Transport Journalweb site
  • Steering globalisation
  • Dutch and Swedish bulk forwarders join forces
  • Cathay Pacific Cargo wet-leasing B747-8Fs from Atlas Air
  • Copping a five year 'copter contract
  • Two more countries join European transport network
  • Yang Ming opts out of Iran
  • Partner in groupage logistics
  • Russian railfreight operator invests in box cars
  • Option swap at Churchill dock in port of Antwerp
  • Roadrunner reshuffles executive management team
  • LOT launches Astana flights
  • Freydag to head D/CH ocean freight at Schenker Germany
  • Straight to Ludwigshafen from Moerdijk
  • Space availability coming back says Drewry
  • Growing in Germany
  • Qatar Airways Cargo more to Basel
  • Gefco Germany: new CIS business developer

IHS Maritimeweb site
MAY 5, 2017
  • India's plan to cut coal imports could hurt shipowners
  • Wärtsilä steals a march on rivals with USA EPA Tier III certification
  • Russia keeps faith in Northern Sea Route
  • Earnings slashed for tanker owner Sloman Neptun
  • Bahri posts sharp profit fall due to lower spot rates
  • EasyMax vessel concept debuts for Wagenborg
  • HHIC denies sale plans for construction subsidiary
  • POSH records USD18.4 million loss in Q1
  • HMM likely to be stuck with PSA's high fees
  • Sand supplier Le Tong ventures into shipowning
  • US crude export surprise: VLCCs to Asia top Aframaxes to Europe
  • CLIA Europe appoints Chrysostomou to oversee public and government affairs for Europe
  • Public tanker owners face rising risk of covenant breaches

The Loadstarweb site
MAY 5, 2017
  • Asia-Europe contract shippers asked to pay more, with premiums for priority
  • Declining cargo revenue the first-quarter story for IAG and AF-KLM
  • 'Fantastic' - XPO Logistics chief's delight at Q1 results
  • Shippers Agree: online platforms can take the bother out of booking
  • China's first big passenger plane completes maiden flight
  • DP World to invest $1bn more in India's maritime infrastructure
  • The new globalisation - going beyond the rhetoric

Marine Logweb site
MAY 5, 2017
  • Researcher develops software to limit ships' NOx and smoke emissions
  • Sabine Surveyors approved to carry out AWO RCP audits
  • Nichols launches first of two tugboats for Kirby
  • VT Halter starts construction of blast and paint facility
  • Indictment in MSC satcom bribery case
  • Renewed rumors of Singapore shipyard merger
  • USCG investigates Chesapeake laser strikes

Lloyd's Listweb site
MAY 5, 2017
  • Asia-Europe rates hold firm in wake of May GRIs
    With the SCFI reporting only minor market losses this week, is the east-west trade entering a new era of stability?
  • Lloyd's List names Kuganiga Kuganeswaran inaugural Tom Leander fellow
    Philosophy student to join multi-award winning team for prestigious three-month internship sponsored by Norton Rose Fulbright
  • Navios Partners continues to bulk up
    Japanese capesize is latest addition to expanding fleet
  • Chinese leasing humming in dry bulkers
    Owner-lessor joint ventures are proposed to invest in newbuilds
  • GasLog posts strong first quarter
    LNG owner unveils record revenues from expanded fleet and underlines confidence in a stronger 2017
  • Confusion reigns in Spain as ports await labour shake-up
    Maersk reveals it lost $13m from go-slows as content of proposed reforms is yet to be revealed to companies and unions
  • We want to be around when LNG market goes in right direction, says Stena Bulk boss
    Get through the tough times and there could be a pot of gold at the end of the LNG rainbow
  • Seablindness myth diverts us from the real issues at hand
    There is a good public understanding of the maritime industry's importance that we should use, says UK Chamber of Shipping
  • Carrier cost-cutting puts transhipment hubs at risk
    New study claims hard-up carriers will soon limit the number of hubs frequented, forcing ports to prove their network value
  • Awilco LNG slides deeper into the red
    But Norwegian gas carrier owner remains positive on longer-term outlook
  • Cosco Shipping to acquire 14 newbuild boxships rather than charter them
    Shipbuilding contracts reassigned to Cosco Mercury in $1.7bn transaction
  • Vessel attacks near southern Philippines quadrupled over January-March
    Militant groups blamed for the growing violence in waters around that region, says IMB
  • Hyundai Heavy Industries to shut Gunsan yard
    Move brings value of production from the suspended activities to $1bn for 2017 to date
  • Polaris to end on-site search operations for Stellar Daisy
    Inclement weather and the approaching winter cited as reasons
  • LNG carrier spot market rates rebound to $35,000 per day
    Spot market LNG carrier had fallen to $32,000 per day in April on slowing demand
  • DP World taps funds for $1bn logistics initiatives in India
    Terminal operator continues to target opportunities abroad amid subdued domestic traffic
  • MISC first-quarter profit hurt by LNG and petroleum segments
    But earnings from the offshore business helped offset declines in other segments
  • Attention deficit
    Will today's wonderful navigational systems make their users more or less complacent, tremendously alert, or bored out of their tiny minds?
  • New year, same old selective disclosure by Herbjorn Hansson
    Hansson trims NAT shareholding in familiar non-disclosure pattern

The Journal of Commerceweb site
MAY 5, 2017
  • BCOs stand to gain from tech predicting chassis demand
  • Low unemployment complicates trucking's hiring plans
  • St. Petersburg terminal to add capacity
  • Projects fuel growth of BBC Chartering's Med-US service
  • Trans-Pac rates dip after spike without back-to-school surge
  • APMT closes sale of UK truck/terminal unit to G&W
  • IAG cargo growth stalls despite Asia boost
  • XPO sees big bump in new logistics, intermodal business
  • Daseke helping drive US truck consolidation
  • Weekly LCL service widens appeal of China-Europe rail route
  • Cargobase brings spot freight booking to BCOs' cell phones

TradeWindsweb site
MAY 5, 2017
  • GasLog and Shell agree to rejig LNG charter
    No longer seasonally employed, ship will come off year-round charter in 2019.
  • BW Offshore suffers floater cancellation
    Oslo-listed floater owner still chasing $61.8m arbitration claim against Sinopec's Addax.
  • Algoma Central reports smaller loss
    Canadian shipowner saw revenue improve in its dry bulk unit thanks to salt cargoes.
  • Gener8 Maritime again linked to sales talk
    Reports of disposal of older suezmax may be running ahead of events, sources say.
  • GasLog sees FSRU contract win coming by fourth quarter
    Peter Livanos-backed LNG carrier owner aiming sees second floating project by year end.
  • Nigerian navy thwarts cargoship attack
    Crew retreated to citadel after gunmen boarded from speedboat off Bonny.
  • Frangou adds second cape in two weeks
    Navios Maritime Partners agrees to pay $28.3m for Japanese-built bulk carrier.
  • Jefferies: tide turning for Cosco Shipping
    Chinese container line tipped for more profit after positive first quarter.
  • GasLog back to black as it beats forecasts
    LNG carrier owner delivers positive result in the first quarter on the back of higher revenue.
  • Great Eastern falls to a loss
    Expanding Indian tanker and bulker owner hit by falling revenue in fourth quarter.
  • Fredriksen firms up Korean VLCC order
    John Fredriksen's Frontline has secured up to four VLCC newbuilding slots with Hyundai Heavy Industries in South Korea worth close to $320m in total. Frontline is understood to have firmed up an order for two firm ships with an option on another pair to be built at Hyundai Samho Heavy Industries. Sources close to the company say the firm ships are priced at just under $80m for delivery dates in
  • Rickmers Trust will not report results
    Winding-up company decides not to disclose financial details for the first quarter after selling its fleet to Navios.
  • Credit Suisse winding up bad bank by 2018
    Swiss lender bringing forward the end of its legacy loans as losses fall.
  • Loss grows at Grupo TMM
    Mexican tanker and offshore vessel owner hit by falling revenue in first quarter.
  • Cosco Corp sells yards to parent for $212.4m
    Singapore-listed entity of Chinese giant prices the disposal of three facilities as loss deepens in Q1.
  • Deutsche Bank cuts loan provisions 56%
    German lender says first quarter figure was $146m as oil and gas improved.
  • BBC adds more capacity to US
    German heavy-lift and project player focusing on cargoes from the Med.
  • Clarksons: Hornbeck to need restructuring
    Analyst recommends selling US offshore owner's stock in downturn.
  • SeaBird could stack more vessels
    Restructuring seismic vessel player falls to loss in tough markets.
  • Awilco LNG enters talks with creditor Teekay
    Owner evaluating capital structure after losing $10m in first quarter.
  • Pacific Drilling loses $100m in first quarter
    But Idan Ofer-led drilling firm says it saw an uptick in tenders and inquiries versus 2016.
  • Sembcorp Marine future up for review
    Analysts speculate on future of shipyard group after parent announces plan for strategic review.
  • UMW Oil & Gas drops Icon and Orkim takeovers
    Malaysian firm says it needs to strengthen balance sheet before M&A activities can be pursued.
  • Jewo opts for bulker over boxship for scrap
    Company sending stainless steel to Asia for recycling using bulker for first time in 15 years.

American Shipperweb site
MAY 5, 2017
  • G&W finalizes Pentalver acquisition
    Short line and regional railway Genesee & Wyoming Inc.'s (G&W) United Kingdom subsidiary, GWI UK Acquisition Company Ltd., acquired...
  • Two dead in West Virginia cargo plane crash
    The pilot and copilot of a small aircraft died Friday morning in a crash at Yeager Airport in Charleston, W.Va., according to multiple news...
  • Roadrunner nabs new funding, reshuffles management
    Roadrunner Transportation Systems, Inc. received a $540 million redeemable preferred stock investment from affiliates of private investment...
  • USCG investigates laser light incidents in Chesapeake Bay
    The U.S. Coast Guard is conducting an investigation on several laser light "strikes" aimed at commercial vessels in the southern Chesapeake...
  • Alert Gps introduces new ELD mandate compliance solution
    Alert Gps Inc. has launched a new electronic logging device (ELD) mandate compliance solution, dubbed the Alert ELD system, the company sai...
  • Former Delta, United exec joins Flexport
    Freight forwarder Flexport has hired the former chief operating officer of Delta Cargo, Neel Jones Shah, as its senior vice president and g...
  • SCFI falls 1.6%
    The Shanghai Shipping Exchange's weekly Shanghai Containerized Freight Index, based on estimated freight rates on 15 routes out of Shanghai...
  • COSCO to own ships, rather than lease from subsidiary
    Chinese state-owned ocean carrier COSCO SHIPPING Holdings Co., Ltd. will pay about $1.78 billion to have contracts for 14 containerships tr...
  • Budapest Airport handles record Q1 cargo volumes
    Budapest Airport handled a record 30,060 tonnes of cargo in the first quarter of 2017, up 32.3 percent on the same period last year; air ca...

The Bunker Bulletinweb site
MAY 5, 2017
  • Brazil's drought cuts LSFO supply to Europe: traders
    The last LSFO cargo from Brazil to arrive in Europe arrived this week, according to traders, and now no further arrivals are expected for at least a month.
  • Bunker supplier Geos Group adds barge in UK
    Geos has chartered the 6,535 dwt Thun Grace from Thun Tankers to replace a smaller vessel leaving its fleet, the Milford Fisher.
  • European LSFO complex strongest since Jan on seasonal demand, supply outages
    As most European LSFO production is concentrated in the Northwest, the larger pull from southern Europe has led sources to believe the market in both regions will continue to strengthen.
  • Interest in East-West fuel oil arbitrage remains high despite VLCC failures: sources
    Trading sources said the East-West arbitrage window has opened in the last few days but added that expensive VLCC freight rates may be hampering the economics for larger vessel sizes, pointing to several failed bookings in the past.
  • Handysize ULSD cargoes on the Baltic-NWE trip being loaded on LR1s: sources
    Two to three LR1s have been fixed so far, according to shipping and market sources.
  • REFINERY NEWS: MOL refinery margins grew in Q1; throughput up 7.6%
    The surge in margins reflected widening gasoline and diesel crack spreads in a year-on-year comparison, while the negative spread for fuel oil also narrowed on the year.
  • External: Wired Bunkering
  • Maritime insurers eye business opportunity as non-oil spills in sea rise
    The number of ships carrying HNS cargoes is growing steadily with more than 200 million mt of chemicals traded annually by tankers.
  • TANKERS: IMB piracy report marks first Somali hijackings after 5 years
    Kidnappings in the Gulf of Guinea, growing violence around the southern Philippines, and the first Somali hijackings after a five-year lull key highlights of IMB report.
  • FUTURES: Crude falls close to 2% amid short selling

›››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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