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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:35 GMT+1
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BRIEFS
January 10, 2017
Sched Netweb site
  • Cosco to acquire 10pc stake in Shanghai bank from ANZ for US$660m
  • Top box lines suffer US$13b loss in first 9 months of 2016: Dynamar
  • China warns of probes into US firms in retaliation for Donald Trump's vitriol
  • Pricing cuts at JNPT yet to fuel rail demand
  • Union Pacific buys out Railex reefer distribution to boost service
  • William Villalon takes over as president of APL Logistics
  • Port of New Orleans gains Brandy Christian as new president and CEO
  • Asian cargo carriers look to strong year end with November demand up 5pc
  • Ethiopian Airlines to open 1.2 million tonne cargo terminal in April
  • Bidding for second cargo operations at King Khalid airport to begin in February

Exim Indiaweb site
JANUARY 9, 2017
  • APL begins 2017 with APL Saipan's maiden voyage to Guam
  • GEODIS recognised as 'Investors in People' in Denmark
  • InterRail has new structure in Europe
  • JBS Academy provides 100 pc placement to students of Certificate Course
  • Maersk Line & Alibaba in e-commerce shipping partnership
  • Newbuilding orders significantly down in 2016; idle containerships see marginal fall
  • Potential seen for new vessel orders from Iran, Middle East
  • SCFI rates down
  • Seaways handles first vessel under Indo-Bangladesh Coastal Shipping Treaty
  • South Korean govt steps in to lend helping hand to shipping & port industry
  • Chennai Port achieves deep draught at container terminals
  • Mumbai Port invites e-bids for maintenance dredging in Indira Dock Basin
  • Paradip Port registers coal discharge of 62,730 t, exceeding previous peak in 24-hour time-frame
  • Port workers oppose giving majority stake in Hambantota Port to Chinese co.
  • PSA's CITPL welcomes new Far East Chennai service
  • ICD-Sahnewal, GatewayRail begins 2017 by flagging off full train load of 45 FEUs from Ludhiana to Mundra Port
  • India's Buying Propensity Index falls precipitously in Dec.

International Transport Journalweb site
  • Tandem trucking services introduced
  • Diversification into bank shares?
  • Ready to manufacture box cars
  • Silver laurels awarded in Denmark
  • President elect names USTR nominee
  • Rail electrification axing costs
  • Joint approach for inland navigation
  • Acquisition of Canadian 3PL
  • Millan to lead aviation practice in USA
  • Canada's e-manifest transition period ends
  • Pacific Basin CFO resigning this year
  • UPS strengthens position in UK
  • New contract for round wood transport by rail
  • Two new Tiaca members already this year
  • Finnair continues to Miami with wetleased A330

IHS Maritimeweb site
JANUARY 9, 2017
  • Dover awards VolkerStevin-Boskalis Westminster JV GBP115 million contract
  • IMO urges EU to reconsider regional carbon trading scheme
  • Box ship charter market shows signs of life
  • Lack of liner profitability means more M&As, says forwarder
  • GS Caltex unit orders MR tanker from HMD
  • Cosco delays delivery of drilling rig to 2018
  • Wisdom Marine Lines' profit falls by 33%
  • Sembcorp Marine and NADL extend rig standstill a third time
  • Financial woes continue to hit marine insurers and their clients
  • Gulf Navigation looks to expand
  • Singapore moves closer to autonomous freight movement on public roads
  • SFI books LR2 tankers at Daehan

The Loadstarweb site
JANUARY 9, 2017
  • UPS boosts European presence with purchase of UK haulage broker Freightex
  • Pemco won't fly straight into 767 conversion market after ATSG deal
  • Hanjin Shipping postpones first meeting with creditors claiming $26 billion
  • Analysis: time for a u-turn and a DP-DHL forwarding spin-off
  • Test case dispute after UK cycle courier wins 'worker's rights'
  • The 'On the Waterfront' culture remains in New York's dockyards
  • Check out how scientists are building the next-generation logistics industry

Marine Logweb site
JANUARY 9, 2017
  • MV Werften cuts first steel Crystal River Cruises duo
  • DHT finishes fixes to newbuild VLCC rudders
  • Gladding-Hearn delivers first of three for Circle Line
  • IMO SecGen not happy with EU emissions proposal
  • VIDEO: Offshore vessel capsizes during launch
  • Wartsila-CSSC JV opens new engine factory
  • Emergency rudder repair gets tanker back in action

Lloyd's Listweb site
JANUARY 9, 2017
  • Oakland sets box record
    Loaded containers reach all-time high in 2016
  • Minoan Lines puts more focus on Greek market as Grimaldi giants depart
    Ending a 35-year presence in the Adriatic Sea trades may slash turnover but could soften slap from stiffer fuel costs
  • LNG tankers' spot rates near two-year high
    Market outlook optimistic with Gorgon and Angola projects back online and new import terminals up in France and Turkey
  • Handysize bulkers slide 11% on week with Atlantic weakness
    Earnings hovering just slightly above $7,000 per day
  • DryShips exercises option for first Shell-chartered VLGC
    Rebooted George Economou-led company cracks on with diversification into gas
  • DHT defers VLCC newbuilding
    DHT finds rudder issue on inspection of new vessel
  • Liner pressure easing at northern European ports
    New alliance networks suggest the trends of low-frequency services and relentless vessel upsizing are on the wane, says new report
  • American Hellenic tops 1,000 insured vessels
    New American P&I Club hull venture sails ahead of projections in first six months
  • IMO slams Brussels over revised emissions trading system
    Kitack Lim warns of danger to IMO's agreed greenhouse gas reduction roadmap in letter to EU institutional heads
  • Eagle Lyon Pope relaunched as marine and port consultancy
    Well-known brand name revived as part of Global Maritime
  • Great Eastern Shipping buys suezmax pair for $75m
    Fresh price marker laid down in latest crude tanker deal
  • Iran brings more idle tankers out of oil storage mode
    Move coincides with higher oil prices and charter rates
  • Maersk integration plan to boost fortunes
    Jefferies lifts outlook as focus on transport and logistics set to boost carrier's results
  • Gadani fire reportedly claims multiple lives
    Ship-breaking yard sees second fire in less than a month as local media report up to five deaths
  • Cosco Shipping Energy bids for six-year-old LPG carrier
    Vessel priced at about $5.2m on the Chongqing Assets and Equity Exchange
  • Pacific Basin finance chief Andrew Broomhead resigns
    Executive director wants to to relocate with his family to the UK this summer
  • Growing iron ore supply to push prices down to $49 a tonne
    Capesize earnings improved significantly this year on Chinese demand
  • Hanjin Shipping reschedules court meeting
    Postponement to take into account upcoming sale of assets
  • Hyundai Mipo clinches product tanker order from GS Caltex arm
    Deal was sealed last month
  • Iran's Chabahar port seeks cargo handling equipment proposals
    Developing port looks to rival China-funded Gwadar port in Pakistan
  • Courage Marine looks to raise cash via shares placement
    Net proceeds to be used for general working capital and/or to fund business or investment opportunities
  • Gulf Navigation inks pact with Polimar Turkish Holding
    Both to co-operate on maritime agencies, vessel services and marine products
  • Sembcorp Marine extends standstill deal with North Atlantic Drilling a fourth time
    Agreement period has been pushed back to July 6, 2017
  • Zhonggu Shipping to raise $87m for fleet expansion
    Company looking to tap growing box trade in the domestic market
  • Cosco Singapore postpones rig delivery
    Agreement comes amid challenging conditions in offshore oil and gas markets

The Journal of Commerceweb site
JANUARY 9, 2017
  • Strong restocking forecast to fuel January import surge
  • Shippers, Vancouver decry port authority privatization
  • Slideshow: Top waves hitting ocean shippers in 2017
  • UPS enters European truckload market
  • New smuggling tactics risk to Brazil shippers
  • Alliances to curb North Europe service scale-back
  • Singapore port pushes automated trucking
  • Top Indian port doubles program target for faster imports
  • Immediate US trucking capacity crunch unlikely
  • Forwarders see liner profitability years away

TradeWindsweb site
JANUARY 9, 2017
  • Wilbur Ross-backed Navigator gets upgrade
    Wells Fargo likes the name for exposure to chemical gas exports, along with LPG.
  • Hanjin creditors question bidding in terminal sale to MSC
    In addition to seeking more information on sale of Total Terminal International shares, some creditors want cash to stay in US court.
  • Oman moves forward on LPG export project
    State-owned oil company awards contract with view towards first exports by 2020.
  • Axia signs new chief for shipping research
    Cyprus-based investment bank replaces former analyst who bolted for TMS Cardiff.
  • Gener8 Maritime aframax sale fails
    New York-listed owner now expected to keep vessel in Navig8 pool.
  • Edison Chouest wins AHTS extensions
    Chevron keeps on two of US owner's vessels in Brazil.
  • Koch locks in Greek-owned capesize
    Trader fixes cape for a year at a shade above the present spot market level.
  • Probulk targets Eregli owner with US lawsuit
    New York bulker owner chasing unpaid arbitration award from Levent Karacelik and his Turkish shipping group.
  • IMO warns Brussels over emissions
    Kitack Lim hits out at European Union move to involve shipping in emissions trading
  • DryShips makes maiden VLGC purchase
    George Economou-led company acquires first gasship for $83.5m.
  • 2017 starts in decline for crude tankers
    Average day rates in all major crude tanker sectors. MR and LR2 earnings inch upward, but LR1s pull back.
  • OSEC Shipyard to be liquidated
    OEL (Holdings) receives winding up order from Singapore high court.
  • DHT Holdings fixes VLCC rudder problems
    Shipowner says HHI will pay for repair work as final tanker in series is pushed in 2017.
  • Cai plots IPO for heavy-lifter GPO
    Singapore owner's founder aims to go public this year as fleet nears delivery.
  • Kollakis connected to Hanjin bulker brace
    Greek owner tipped to have picked up pair of dry cargo vessels in deal worth over $26m.
  • China Shipbuilding raises profit forecast
    Chinese shipbuilder focuses on operational efficiency and is now projecting a positive result.
  • Cammell Laird's annual profit falls
    UK shipyard hurt by drop-off in military work in year to March 2016.
  • Korea cracks open egg shipping fund
    Government to subsidise cost of bringing in supplies as it tackles bird flu.
  • Gulf Navigation seals third alliance
    Agency deal sees Middle East tanker owner team up with Turkey's Polimar.
  • Fredriksen rig pushed back again
    North Atlantic Drilling says Jurong newbuilding now expected in July as hunt for work goes on.
  • Three killed in second fire on beached LPGC
    Tragedy strikes Gadani breaking yard again - the third major incident in three months.
  • HSH hopeful of finding a buyer, CFO says
    Privatisation of German bank with large shipping book can be secured before early 2018 deadline.
  • Creditors oppose Hanjin's US terminal sale
    Bankrupt Korean owner reveals potential problems over disposal of Long Beach port shares.
  • Minoan exits the Adriatic after 35 years
    Emanuele Grimaldi-led ferry owner redelivers two ships serving the Greece-Italy route to sister company.
  • Fearnley forecasts bulker price rise
    Asset values to pick up by around 30% over coming years, analysts say, suggesting orderbook smaller than nominal figures suggest.
  • Spetalen PSV spree 'cheapest ever'
    Norwegian investor has taken a different path to rivals in OSV sector and it seems to be paying off.
  • Broomhead exiting Pacific Basin Shipping
    Chief financial officer set to depart Hong Kong-listed bulker owner by close of 2017.

American Shipperweb site
JANUARY 9, 2017
  • Port of Wilmington, N.C. to receive new cranes
    North Carolina Ports has ordered two new ship-to-shore cranes from designer Shanghai Zhenjua Heavy Industry Co., Ltd. (ZPMC) for the Port o...
  • Port of Oakland sets record in 2016
    The Port of Oakland handled a record amount of loaded containerized cargo in 2016 at 1.83 million TEUs, topping the previous record of 1.82...
  • NWSA objects to terminal sale
    The Northwest Seaport Alliance (NWSA), which encompasses marine terminalsat the ports of Seattle and Tacoma,said Friday that it filed an ob...
  • Senate tabs Thune for second term as chairman of transportation committee
    The U.S. Senate last week officially ratified Sen. John Thune, R-S.D., for his second straight term as chairman of the Senate Committee on ...
  • Questions raised by ILWU lawsuit referred to Oregon Supreme Court
    The Oregon Supreme Court is being asked to look at the legality of subsidies the Port of Portland gave to ocean carriers in 2012 and 2013. ...
  • IMO's Lim speaks out against including shipping in EU-ETS
    Kitack Lim, the secretary-general of the U.N.'s International Maritime Organization (IMO), has spoken out against plans on including shippi...
  • UPS acquires U.K.-based truck broker
    United Parcel Service Inc. (UPS) has acquired United Kingdom-based truck broker Freightex, according to a statement from the


The Bunker Bulletinweb site
JANUARY 9, 2017
  • January USGC distillate arrivals to Europe seen at 700,000 mt so far
    Only three Medium Range-sized vessels, totalling around 120,000 mt, have left the USGC in the last week bound for either Northwest Europe or the Mediterranean.
  • ANALYSIS: Refinery repairs, imports likely pushed US stocks higher
    With a major US Gulf Coast facility starting planned repairs last week, the start of the seasonal slowdown in refinery activity could be underway.
  • First February HSFO VLCC on subjects for Rotterdam-Singapore: sources
    "The arbitrage is looking very interesting, especially in the North but we are also seeing increasing interest in the Mediterranean," one arbitrage trader said.
  • Suez out of bunker fuel, no resupply date set: supplier
    "We have no firm date for resupply. We are waiting," MISR Petroleum said, adding the port has been out of fuel for over two months.
  • Bunker sales at Gibraltar up 2% in 2016: port authority
    Bunker-only calls by ships were up 3%, the GPA said.
  • REFINERY NEWS: FCC at UK's Grangemouth offline: sources
    Last week, one of the three CDUs was also offline but has since restarted.
  • External: Wired Bunkering
  • UAE's Gulf Navigation Holding partners with Polimar Turkish Holding for marine business
    Agreement part of GNH's strategy to diversify its operations and increase its assets through both internal growth and global collaborations.
  • TENDER DATA: Taiwan's Formosa offers 10,000 mt fuel oil for Jan 21-23
  • FUTURES 2: Oil lower as market awaits OPEC output numbers post deal
  • FUTURES: Crude edges lower on rising rig count, stronger dollar
    Crude oil futures were steady to lower as the dollar inched back to 14-year highs

›››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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