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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:36 GMT+1
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BRIEFS
November 10, 2017
Sched Netweb site
  • CMA CGM hikes rates from Asia to Latin America, Caribbean Dec 1
  • ICS says the world can achieve 'zero ship CO2 emissions' by the year 2100
  • ITCSI profit up 5pc in first 9 months as revenues rise 10pc
  • Ships still fly tax haven flags of convenience, but trend moderates
  • Charleston volume up 10pc to 184,804 TEU in record-breaking October
  • Regional Container Lines orders two 1,668-TEU feeders from China
  • Cosco Shipping Ports starts on new box terminal at Khalifa port
  • BNSF quarterly profit up 2pc to US$1.95 million as revenues rise 3pc
  • Sea captain tells why there is no safe port in a storm for box ships
  • US Coast Guard sets 10-knot speed limit to save the whales
  • Maritime lawyers join cyber security firm to provide 'health check'
  • Singapore Air nearly triples quarterly profit, but faces headwinds
  • Miami airport launches Cargo Flight Tracker for US air freight industry
  • Loss of slots at Amsterdam Schiphol is fault of carriers, not protectionism

Exim Indiaweb site
NOVEMBER 9, 2017
  • Maersk Line's Hamburg Süd acquisition clears Chinese hurdle, with conditions
  • Ministry of Shipping focusing on liquid cargo infrastructure in rail & waterways modes
  • MOL joins research project on use of vibrating sensors to ensure safe ship operation
  • Kolkata Port handles 12 pc more cargo in H1 2017-18
  • Cathay Pacific awarded IATA CEIV Pharma Certification for handling pharmaceutical products
  • DCCAA to initiate opening IIFF Northern Region Chapter in Delhi for skill development
  • Gateway Distriparks has impressive Q2
  • PM Modi, Bangladesh PM & West Bengal CM jointly launch connectivity projects between India & Bangladesh
  • Snowman Logistics focusing on cost optimisation

International Transport Journalweb site
  • "In the top five by 2023"
  • Diesel locomotive simulators to increase safety
  • Fedex purchases up to 50 ATR 72-600Fs
  • UPS builds on blockchain
  • Positive outlook for shipping from Wista UK
  • 500 new hoppers to boost capacity
  • Change at the top for reusable receptacle specialist
  • Etihad Airways supports Louvre Abu Dhabi
  • Trump mission makes big Boeing deal in China
  • High jump in revenue for Agility
  • US east coast still delivering strong results
  • First US e-highway demonstration in California
  • Wanted: new CEO for Palfinger in 2018
  • Cosco ready to invest in other corporations
  • Ziegler's next generation steps in
  • Timber exports boost Croatia railfreight volumes
  • Deutsche Post DHL continues profitable growth trajectory
  • Preparations at old and new Sydney airport

IHS Maritimeweb site
NOVEMBER 9, 2017
  • Officers arrested over disappearance of MSC Giannina master
  • Capacity control in spotlight as excess capacity continues to plague container shipping
  • Overcapacity haunts LPG carriers, but tonnage inflow expected to ease
  • China and US sign USD43 billion Alaska LNG deal
  • Charter tonnage solves Maersk's cargo logjam
  • Nordea shipping loans caught up in 'Paradise Papers' spotlight
  • Epic Gas narrows Q1 2017 losses
  • Korea Line Corporation recovers USD68 million in charterhire dispute
  • FSL Trust deteriorates to loss
  • Marco Polo finds white knight from CEO's business acquaintances

The Loadstarweb site
NOVEMBER 9, 2017
  • Forwarders and shippers caught in the updraught of an air cargo 'perfect storm'
  • Overcapacity making waves in the containership charter market
  • New business and success of e-fulfilment service boosts Wincanton half-year results
  • Bigger ships, smaller shipments... a circle that needs to be squared
  • FedEx ATR order could spark new interest in turboprop freighters
  • Seafast Logistics targets Ethiopian beef trade boom with new Djibouti facility

Marine Logweb site
NOVEMBER 9, 2017
  • MAN will retrofit TOTE RO/RO duo to dual fuel LNG operation

Lloyd's Listweb site
NOVEMBER 9, 2017
  • Daily Briefing
    Shipping will be included in the EU emissions trading regime
  • Chemical tanker market to recover by late 2018, says Drewry
    Limited new orders coupled with a shrinking of the tonnage supply-demand gap to support
  • ECSA and ETF call for easing of administrative burdens on shipping
    Both organisations call for EU member states to be ambitious in harmonising reporting formalities at European ports
  • Fire breaks out on tanker at Gadani recyling yard for the second time
    Incident comes after an explosion occurred on the tanker in November 2016 that killed 31 workers
  • HMM posts third-quarter net loss
    Revenue though rose 20% year-on-year as a result of cost optimisation measures
  • Oakland port gives initial approval to convert ex-military base into logistics complex
    Final approval from port authority expected by November 30
  • Strong cruiseship demand continues to drive Fincantieri results
    Results in line with group targets for the 2016-2020 business plan
  • Singapore gears up to be a key player in the global maritime arbitration sector
    With the launch of the Singapore Ship Sale Form and the recent developments to the widely used standard maritime forms...
  • GoodBulk posts second-quarter profit
    Company benefits from operating vessels as part of pools of 65 and 58 vessels respectively

The Journal of Commerceweb site
NOVEMBER 9, 2017
  • US regulators move to ease NVO contracting rules
  • Yang Ming breaks string of 10 straight quarterly losses
  • Court ruling fails to resolve Great Lakes pilotage issues
  • Record US import gains unlikely to be repeated in 2018
  • Truck capacity 'imbalance' slows US-Mexico freight
  • Proposed Mexican coastal rail bridge faces steep grade
  • Infographic: Road to ILA contract negotiations
  • MSC pursues stake in Russian rail operator Transcontainer
  • JNPT rail volume stagnant despite port push

TradeWindsweb site
NOVEMBER 9, 2017
  • TOTE signs with MAN for Alaska LNG convert
    Jones Act shipowner says it will do retrofits on two ro-ros as part of fleet wide push to use cleaner gas.
  • Analyst: International Seaways' shares 'overreacting'
    Stock slips almost 8% in afternoon trading following miss on revenue.
  • Gener8 drops debt as 'eco' VLCCs outperform
    New York-listed company says it's comfortable with size of fleet and its balance sheet.
  • Norwegian Cruise Line beats estimates while lowering outlook
    New York-listed cruiseship owner pushes down guidance for 2017 in response to hurricanes and vessel problems.
  • Jones Act owner OSG seeks to tap Norwegian bond market
    But US-flag player faces headwinds as it woos investors to raise $100m in unsecured notes
  • NAT's 2017 gets tougher amid queries on dividend and earnings
    Herbjorn Hansson's retirement savings, 'Friday night fright' release and strange money transfers in Bermuda are all part of the latest Nordic American Tankers' drama
  • Results reflect governance standards, says Webber
    Avance Gas and Seaspan among the big gainers in semi-annual Wells Fargo corporate governance report, while Kirby falls from top spot
  • Lines exercise caution over modest rise in freight rates
    Sailings trimmed in a bid to shore up freight rates ahead of contract negotiations
  • Boxship demand remains the big question
    Carriers are toasting a strong peak season but the near-term prospects for freight and charter rates is far more uncertain, analyst says
  • Saade wins plaudits for 'bold' commitment to LNG fuelling
    Decision awaited about supply and infrastructure that will support this pioneering move
  • Shift in demand to wide-beam boxships to accelerate
  • Hoegh FSRU off to Gas Natural
  • Jovo launches search for midsize LNG newbuilding
    Rare requirement emerges for vessel to trade cargoes into small Chinese terminals
  • Dynagas greenlights China's first FSRU
  • Second Arc7 heads to Yamal
  • Statoil longlists six for LNG ship time charter
  • Cheniere narrows down low-key LNG carrier hunt
  • Statoil takes Eletson Gas ethylene unit on minimum two-year deal
  • Trouble in Paradise Papers for Wilbur Ross' double standards
    Increased corporate transparency and the public's intolerance of questionable deals heightens the reputational risks for all players in the shipping chain
  • Endesa emerges for LNG carrier time charter duo
    Fresh period business gives owners of existing ships something to chew on as charter rates hold at improved levels
  • Commercial ships may aid 'critical' worries over Canadian icebreaking
    Talk has turned to bareboat chartering commercial vessels to help overcome issues of winter port closures and the Canadian Coast Guard's ageing fleet
  • Orsted says good riddance to DONG's dirty reputation
  • Special-survey bell tolls for North Sea anchor-handlers
    AHTS owners have a 'mountain to climb' to address the supply imbalance but a lack of dry docking may make a big impact
  • Canadian government moves may impact shipping
  • Nova Cura investigation reveals failings in electronic chart data
    Investigation into Greek grounding discovers ship used outdated and inaccurate electronic charts
  • Emergency responders buoyed by rise in LOF awards
  • Westminster and Weinstein rows serve as big reminder to shipping
    The industry needs new ideas and energy to promote gender equality, all the way up to the top
  • Olympic hires new head of tanker chartering
    Theo Kalkanteras replaces departed Loucas Tsangarides at Athens company
  • Shipping parties toast Eisbeinessen in style
  • Jo Shipping confirms first S&P deal since Stolt-Nielsen sell-off
  • Super Eco secures premium MR rate from Stena Weco
    Greek owner fixes out product tanker, while compatriot Navios charters MR trio and commodities giant Glencore picks up two from Island Navigation and Avin
  • Five Stars torches oldest unit amid demolition market lull
  • Gunvor's Clearlake fixes Sovcomflot aframax pair
  • Canada's owners look to change with the times
    Owners with origins at the start of the 20th century adapt to a new era of competition, writes Michael Angell in Montreal
  • Poulovassilis moves on from Aegean after just one year
    Melissanidis-led company parts ways with chief executive
  • Yangzijiang debuts in crude tanker segment
    Chinese yard acquires newbuilding half-built by Rongsheng in bid to enter new sector
  • Oldendorff's bulker orders surface in Japan and China
    Oldendorff ordered the ships before newbuilding prices increased
  • SK Shipping set to book VLOC pair in China
  • Tomini to double money on 22-year-old handymax
  • Market eyes consolidation as MHI reveals restructure
    Three private Japanese yards could eventually take stakes in MHI's new shipbuilding subsidiaries
  • Aroania set to sell vintage handymax
  • Pan Ocean surprises market with sale of panamax bulker
    Panamax sale diverges from South Korean outfit's recent expansionary path
  • Oslo Bulk buys MPP sisterships
  • Minerva Ship Management adds third vessel
  • Secondhand price rise spurs newbuilding interest
  • New Vision buys and sells in fleet renewal
  • AM Nomikos resells fourth ex-MEP ship
  • Maple Leaf places modern handysize in the shop window
    Chinese shipowner earmarks five-year-old handysize as a 'potential sale candidate' and expects it to go for $10m
  • KC Maritime denies sale of chartered panamax bulker
    Hong Kong shipowner is said to be coming back to the secondhand market as a buyer after a year marked by disposals and shipyard controversy
  • Greek S&P scene heats up as three independents enter fray
    At least two, and possibly a third, brokerages set to sharpen competition in Athens' hotly contested market

American Shipperweb site
NOVEMBER 9, 2017
  • U.S. ratchets down on Cuba trade
    The U.S. government has amended Obama-era regulations regarding trade with Cuba to bring them in line with President Trump's June order to ...
  • Drewry: Global chemical trade to rise 3.3% this year
    A narrowing in the tonnage supply-demand gap beginning in late 2018, as well as restrained ordering are expected to boost an anticipated re...
  • Maersk CEO: 'We cannot be satisfied with our performance'
    Soren Skou, CEO of Danish shipping conglomerateA.P. Moller-Maersk, says the company "cannot be satisfied" with its performance during the t...
  • AS Report: Less than 10% of shippers confident in analytics data accuracy
    Fewer than one in 10 shippers and logistics services provider have highly accurate data underlying their analytics initiatives, according t...
  • Dachser USA to relocate, expand Dallas office
    Dachser USA Air & Sea Logistics has announced it will relocate and expand its Dallas, Tex. office due to growing operations in the Asia...
  • MPA terminal ceases trucking transactions due to 'labor/management issue'
    A "labor/management issue" resulted in the closure of truck transactions at Seagirt Marine Terminal at the Port of Baltimore for parts of M...
  • PANYNJ proposes $3.2b budget for 2018
    The Port Authority of New York and New Jersey (PANYNJ) is proposing a $3.2 billion operating budget for ongoing operations, maintenance and...
  • APL alters Asia-India Subcontinent service network
    APL is making changes to five Asia-India Subcontinent container services for faster turnaround and transit times, the ocean carrier said in...
  • Yang Ming records $42m profit in Q3 2017
    Yang Ming transported 1.24 million TEUs during the third quarter of 2017, an 11.1 percent boost from a year prior. Yang Ming Marine Transpo...

The Bunker Bulletinweb site
NOVEMBER 9, 2017
  • Crude futures strengthen as Saudi-Iran tension grows
    ICE January Brent rose 44 cents to settle at $63.93/b Thursday amid increasing tension between Saudi Arabia and Iran.
  • US Chamber of Commerce eyes more energy industry regulation revamps
    Rolling back regulations for the energy industry remains a key goal for the Trump administration.
  • Saudi Arabia, UAE face resistance in pushing OPEC extension through end-2018
    Saudi Arabia and the UAE still have some convincing to do as they push for OPEC to extend its existing production deal to the end of 2018.
  • TANKERS: MR rates rise as US diesel route makes comeback
    One shipowner said the USG-UKC route was looking healthy and may drive up rates in Northwest Europe.
  • External: Praxis Energy Agents S.A
  • External: Wired Bunkering

›››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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