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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:31 GMT+1
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BRIEFS
April 11, 2017
Sched Netweb site
  • China COSCO Shipping to post US$38m Q1 net profit with volume up 54pc
  • Italy's Salerno box terminal gains three new container services
  • New shipping alliances offer less choice for shippers: Cargosmart analysis
  • Shippers implement back-up measures to deal with new shipping alliances
  • Trump presses Xi on trade and N Korea during US-China Florida summit
  • Shipping lanes in North Atlantic plagued by hundreds of icebergs
  • Port Klang expects volumes to hit 16.3m TEU by 2020
  • US rail freight volume rises 5.5 per cent yoy in March to 2.58m carloads
  • AP Moller's Damco launches digital freight forwarding start-up
  • Global air freight markets come out strong in February with demand up 8.4pc
  • Boeing signs US$3b MOA with Iran Aseman Airlines for 60 B737 MAXs
  • Heathrow to invest US$693m in expansion of Terminal 2

Exim Indiaweb site
APRIL 10, 2017
  • 'The goal is to make each MOL business boast the highest competitiveness in the respective industries'
  • APL transforms Indonesia-United States trade lane with Pendulum Loop 1 service
  • APM Terminals' operations in Tacoma likely to cease by end of 2017
  • CMA CGM to resume Bijagos Shuttle service connecting India & Asia to cater to seasonal movement of cashew
  • HMM launches new loop connecting North China, Korea & Russia
  • HMM signs LoI with DSME for construction of VLCCs
  • Spot rates in a spot of bother
  • Trans Asian Shipping Services launches fortnightly coastal service linking ports in Kerala to Dharamtar in Maharashtra
  • India's trade deficit with China shows decline
  • DP World Cochin handles half million TEUs
  • Cabinet approves Rail Development Authority
  • DB Schenker extends LANDbridge product to Indian Subcontinent
  • ITR Forms reduced to seven for AY 2017-18; CBDT notifies
  • Multiple National Investment & Manufacturing Zones proposed
  • What will be India's ranking in 2017 by World Bank in "Ease of Doing Business"?

International Transport Journalweb site
  • Northern airfreight perspectives
  • Gothenburg-Zeebrugge service flourishing
  • Three into one will go
  • Jamaica sends special envoy to IMO
  • Intermodal traffic notes higher than average growth rate
  • Kicking off 2017 with major purchase
  • Direct Malaysia-USA connection up and running
  • Kathrina Weiss heading up real estate consultancy
  • Prima H3 certified for high speeds in Germany
  • Europe's first long range underwater locater certified
  • Waiting in the wings for e-commerce
  • MSC and ZIM enhance rotation of NE1
  • FP International picks MD Emea
  • Stepping up rail connections to/from Wilhemshaven
  • Pemco: P2F conversion for Air Incheon
  • UK forwarder launches express rail service to China
  • Intrepid delivers fifth A330-300 to Turkish Airlines

IHS Maritimeweb site
APRIL 10, 2017
  • Hudong-Zhonghua secures Odfjell tanker pair
  • Asia-Europe container freight rate differential squeezed
  • Slump in newbuilding orders a concern for shipyards
  • China Merchants and Sinotrans complete merger
  • Cosco issues rare profit warning as Q1 rates, volumes rise
  • Egypt and DP World discuss Sokhna expansion as Suez offers discounts
  • Amid complaints, Sinoriches admits cashflow issues
  • Dry bulk rates soften in wake of cyclone Debbie
  • Merchant ships join search for Stellar Daisy
  • HMM books VLCCs at DSME

The Loadstarweb site
APRIL 10, 2017
  • First freight train from UK sets off as China-Europe rail services soar
  • DX Group internal battle heats up on news of possible merger with Menzies
  • Ports of Georgia and Virginia get green light for talks on box terminal alliance
  • Eastbound box shipping capacity crunch could last for months, says Drewry
  • DHL enjoys rates boost as demand keeps air and sea volumes high
  • Knight and Swift to combine to create $5bn US trucking operation
  • Flight dispatchers reach tentative agreement with Atlas Air and Polar Air Cargo

Marine Logweb site
APRIL 10, 2017
  • Hijacked bulker free following combined naval response
  • New specialty marine insurance available
  • Hyundai Merchant and DSME sign LOI for VLCC series
  • Ice class SAR tug/supply nears completion
  • TMC to supply compressors for FSRU newbuild
  • Gulf Marine Services books European wind farm contracts
  • Wartsila signs BWMS agreements with major shipyards
  • Damen acquisition will grow repair muscle in Rotterdam

Lloyd's Listweb site
APRIL 10, 2017
  • Three quarters of marine claims down to human error, says Allianz
    But good news is that shipping losses are down 45% over decade
  • Brussels signs off Maersk's Hamburg Süd acquisition
    German line must exit South American vessel sharing agreements
  • Greece seeks improved bids for Thessaloniki
    No new deadline announced for new offers from remaining bidders
  • Odfjell finalises $116m deal for two new chemical tankers
    Norwegian owner seals the deal with Chinese yard following last month's letter of intent
  • Leaking Polaris ore carrier awaits repairs
    Converted VLOC was due to arrive in China with Brazilian iron ore in early May
  • Tsakos hails Romanian yard as European shipbuilding beacon
    Daewoo-Mangalia has now delivered two thirds of TEN's aframax series for Statoil trading
  • Digitalisation must focus on business before technology
    Lessons from the past show the future lies in collaboration
  • Maersk Tankers and Torm offload ships in fleet renewal drive
    Both of the big name Danish product tanker players eager to stay attractive to charterers ahead of expected improvement in freight market
  • China Merchants Port offloads CIMC shares to affiliate
    Move is aimed to help consolidate core businesses
  • Attack thwarted on bulk carrier crossing the Gulf of Aden
    A naval helicopter was dispatched to confirm the location of the perpetrators on the vessel
  • First UK-Asia container train departs from London Gateway
    Rail service to compete with sea freight for time-sensitive cargoes
  • Easter holidays to cast a shadow over handysize freight rates
    Iranian cargoes support Atlantic market, while Pacific reaches standstill
  • Cosco and OOCL launch new Europe-Turkey service
    New service includes Felixstowe, Hamburg and Antwerp
  • Indian state-owned ports' throughput rises 6.8%
    Gains in crude and iron ore volumes offset lower coal shipments in 2016/2017 fiscal year
  • HNA Group to acquire Singapore logistics provider for $995m
    Deadline for the deal to be completed is by September 9 this year
  • Sembcorp Marine offloads stake in Chinese engineering firm
    Disposal is part of group's strategy to realise investments in non-core businesses
  • Hyundai Merchant Marine to order up to 10 VLCCs from DSME
    Deal scheduled to be finalised by July
  • Vard chips away at diversifying with deal to build live fish carrier
    Farmed rainbow trout producer Fjordlaks Aqua orders vessel based on Vard 8 50 design with delivery in third quarter of 2018
  • FMC approves East Coast Port Gateway Terminal deal
    Virginia and Georgia port authorities to start talks on commercial and operational issues
  • Cyclone Debbie to knock 15m tonnes of coal from the market
    Port stockpiles could be used but that is dependent on length of stoppages

The Journal of Commerceweb site
APRIL 10, 2017
  • US Congress pressured to forbid alliances from joint contracting
  • Knight-Swift merger sets stage for more capacity control
  • Strong US import forecast could reverse trans-Pac spot rate slip
  • Oakland repurposes port properties to curb congestion
  • Japan customs suspension batters Yusen shares
  • Eurogate profit jumps but German terminal traffic stalls
  • JNPT hits target for speedy import program
  • EU OKs Maersk-Hamburg Sud deal with conditions
  • DP World mulls expansion of Suez terminal
  • US shippers press truck brokers for sharper 'visibility'
  • First China-bound freight train rolls out of London
  • Cosco predicts first quarter profit rebound
  • Ocean Alliance launches Jakarta-US direct service

TradeWindsweb site
APRIL 10, 2017
  • Seaport analyst lifts target for Scorpio Bulkers stock
    Investment bank bets on 23.7% premium in New York-listed bulk owner's shares.
  • USCG OKs fourth ballast treatment system
    More products come available as US Coast Guard steps up compliance efforts.
  • Ocean Rig receives Nasdaq delisting notice
    Exchange notice follows bankruptcy filing from George Economou-backed drillship owner.
  • Polarcus chair: 'Few signs of improvement'
    Seismic vessel owner's top leaders see continued challenges ahead for sector.
  • EU approves Maersk and Hamburg Sud deal
    Danish liner giant takes major step on road to sealing deal to take over German rival and aims to sell Mercosul Line.
  • Seaspan eliminates S&P fees to CEO Wang
    Move comes as largest shareholder of boxship lessor name two directors to larger board.
  • JP Morgan: 'VLCC orders worrisome'
    Bank raises alarm at growing backlog as 2017 newbuilding tally passes 2016 total.
  • Economou redraws revolver with DryShips
    Revised credit facility expected to help shipowner gain access to bank financing once again.
  • Damen buys Keppel's Dutch shipyard
    Singapore-listed group offloads Rotterdam-based facility to European rival.
  • VLCCs charge ahead
    All other tanker sectors slump, led by LR1s and suezmaxes.
  • Odfjell firms Chinese newbuilding brace
    Letter of intent at Hudong-Zhonghua has been turned into a firm contract, Oslo-listed owner says.
  • Wall Street examines bulker price push
    Analysts expect values to continue upwards with newbuilding interest not yet causing alarm.
  • Songa Bulk looks into capesizes
    Herman Billung-led owner could expand its focus beyond supramaxes and kamsarmaxes.
  • Gulf Marine wins trio of fresh contracts
    Abu-Dhabi based company inks long-term deals in Europe and a short contract in the Middle East.
  • Jinhui axes executive bonus payments
    Once controversial payments have now been reduced to zero at bulker owner.
  • Corporate Chinese turn to secondhand market
    Alibra Shipping data shows Chinese shipowners are increasingly interested in buying tonnage already on the water.
  • Panama Canal books 60 LNG transits to early 2018
    Expanded waterway sees demand f rom LNG market exceed expectations.
  • BW Offshore closes Gabon deal
    Oil field purchase has been completed by Oslo-listed company and sibling.

American Shipperweb site
APRIL 10, 2017
  • SCPA handles record box volumes in March
    The South Carolina Ports Authority (SCPA) handled 192,311 TEUs in March, up nearly 13 percent from March 2016, the port authority said Mond...
  • Commentary: Freight policy must keep up with the times
    Over the last century, the logistics industry has seen its share of progress. While the technology in today's warehouses might seem like s...
  • MarAd Executive Director says concern exists over mariner shortage
    U.S. Maritime Administration (MarAd) Executive Director Joel Szabat said the decline in the U.S.-flag domestic fleet and international U.S....
  • Trucking giants Swift, Knight to merge
    Two Phoenix-based trucking giants, Swift Transportation and Knight Transportation, will merge companies through an all-stock transaction th...
  • HNA makes offer for Singapore logistics firm
    Chinese conglomerateHNA Holding Group Co. Ltd. offered to buy Singapore-based commodities and logistics company CWT Ltd. on Sunday. The of...
  • Executive Moves: Lineage Logistics, Transervice Logistics and The Tioga Group
    Lineage Logistics has promoted Chris Timmer to the role of senior vice president of Sales & Value-Added Services. Timmer most recentl...
  • Kerry Logistics launches UK-China rail service
    China-based Kerry Logistics was scheduled to launch its first eastbound train from London to Yiwu, China on Monday. The train is scheduled...
  • MSC, ZIM add Limassol to Israel-North Europe loop
    Ocean carriers Mediterranean Shipping Co. (MSC) and ZIM Integrated Shipping Services Ltd. are adding a call at Limassol to their jointly op...
  • Port of Virginia box volumes jump 8.9% in March
    The Port of Virginia handled 232,148 TEUs of containerized cargo in March 2016, an 8.9 percent increase from the prior-year period, accordi...

The Bunker Bulletinweb site
APRIL 10, 2017
  • ANALYSIS: US crude builds slow down, helping futures rebound
  • Oil futures rally stays alive after Libya invokes force majeure
    NYMEX May crude settled 84 cents higher at $53.08/b. ICE June Brent closed 74 cents higher at $55.98/b.
  • Rough weather, high demand buffer Gothenburg bunkers
  • External: Praxis Energy Agents S.A
  • External: Wired Bunkering
  • External: Marine Bunkering(Rotterdam)B.V.
  • FUTURES: Crude higher amid supply concerns
  • External: Global Risk Management
  • TRADER NOTE: Former J.P. Morgan middle distillates trader Yu Xiaoping joins Winson Oil
    Yu Xiaoping joined Winson at the start of April
  • ANALYSIS: OPEC/non-OPEC cuts may be at risk by Syria military escalation
    - Saudi, Russia, Iran leaders negotiated OPEC/non-OPEC deal - Output cuts up for review at OPEC's May 25 meeting - Tensions could influence Iran's May 19 election

›››File
FROM THE HOME PAGE
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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