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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:05 GMT+1
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BRIEFS
August 11, 2017
Sched Netweb site
  • Maersk Line levies raft of transpacific rate hikes from September 1
  • Hong Kong's Competition Commission issues block exemption for VSAs
  • Hanjin creditors can expect little more than 2 cents on the dollar, court told
  • Hanjin-hit Textainer posts US$16 million net loss, but sees profitability ahead
  • Delivery of mega ships will push carriers to seize greater market share
  • Mega ship flow study shows Asia-Europe trade to tip supply-demand balance
  • Court orders emergency dredging to resume at Brazilian Port of Santos
  • BNSF quarterly profit up 24pc to US$958 million as revenue rises 15pc
  • New Jersey warehouse complains to FMC alleging PANYNJ treated it unfairly
  • Apollo Global is sued by ex-CEVA employees for losing shares in company
  • South Korea's SM Line joins INTTRA electronic transaction network
  • Trump administration to impose sanctions against China for IP violations
  • Austrian logistics service provider Gebruder Weiss opens Hong Kong and Guangdong
  • DHL Global Forwarding air profits falls 10.6pc as sales rise 5.7pc
  • Canada's Cargojet quarterly pretax profit rises 9.3pc to US$24.6 million
  • Expeditors profit falls 6.6pc to US$109 million as sales rise 13.4pc

Exim Indiaweb site
AUGUST 10, 2017
  • Yang Ming a key player in Pacific Northwest
  • APM Terminals Pipavav registers increased income from operations in Q1
  • Bharatmala programme proposes to develop 9,000 km of economic corridors
  • Continental Logistics Solutions clears heaviest cargo ever handled at Air Cargo Complex Ahmedabad
  • Cross-border e-commerce helps deliver record growth at Amsterdam Airport Schiphol in H1
  • Indo-American Chamber of Commerce honours C. H. Robinson with Corporate Leader of the Year award
  • Plans for Visakhapatnam-Chennai Industrial Corridor being formulated
  • Indians allowed visa-free entry into Qatar
  • Trade indicator points to continued modest recovery of world trade in third quarter

International Transport Journalweb site
  • Proceeding apace Forwarding & Logistics
  • A clever concept for all modes Shipping

IHS Maritimeweb site
AUGUST 10, 2017
  • HSH run-off portfolio causing taxpayer EUR500million loss
  • Project carrier start-up dship ramps up fleet
  • Volume rise, weak rates impact Wallenius Wilhelmsen Logistics
  • Epic Gas widens second-quarter losses, monetises newbuild vessel
  • Euronav prays for more vessel scrapping after running up Q2 loss
  • Ship managers eye marine services and diversification
  • Tanker tonne-mile boosted as South Korea imports more US crude
  • Qatar defiant as increased port throughput seen
  • Vale sells two VLOCs to Bank of Communication Finance Leasing
  • MISC's half-year revenues up 10.6%
  • HHIC seeks buyers for catering subsidiary
  • Cargill takes Kmarin Supramax for up to 14 months

The Loadstarweb site
AUGUST 10, 2017
  • Hong Kong secures its shipping hub status with nod to vessel-sharing agreements
  • Bullish IAG Cargo eyes new partnerships, e-commerce and 'a robust market'
  • Cargologicair takes a flier on the automotive trade, taking off for Mexico
  • Record cargo volumes predicted at port of Oakland
  • Passengers not ready for pilotless planes - but cargo may be
  • Tesla developing self-driving tech for trucks

Marine Logweb site
AUGUST 10, 2017
  • BAE Systems bids for Australia's SEA 5000 with Type 26 variant
  • Nigeria looks to benefit from seabed mining
  • Revealing results in ABS report on BWMS best practices
  • Asphalt tanker leaves Baltimore after 10 months detention
  • VIDEO: Florida shipyard launches landing craft for Bahamas Ferries
  • First Tier 4 tug on East Coast goes to work in New York

Lloyd's Listweb site
AUGUST 10, 2017
  • Euroseas 'discussing' new acquisitions
    Greek owner sees better prospects in both its sectors but is leaning towards adding boxships
  • Euphoric cape market reported as earnings rise 18%
    Earnings boosted by strong activity from Brazil, Australia and South Africa
  • Navios tanker arm sees red in second quarter
    Results marked by impairment loss on Navios Midstream investment and lower charter rates
  • What's the point of maritime clusters?
    Clusters are great for amplifying local talent and putting local businesses in touch with each other. But what ability they have...
  • VLGC earnings drop further as US-Asia arbitrage fails to open
    Panama Canal approves higher transit fees for gas carriers, further clouding prospects
  • Long range product tankers boosted by naphtha and diesel trades
    Earnings of LRs near year-to-date high on Asian fuel demand, refinery outages
  • Yang Ming continues to shrink its losses
    Volumes rise 6.8% in second quarter
  • UK Ship Register selects deputy director
    As yet unnamed official does not come from a UK government position
  • DHT bets on US crude exports benefiting tankers
    New York-listed owner expects more shipments from the Atlantic moving to the Pacific, helping rates
  • A gift that goes on giving
    You cannot just design ships and their equipment without considering the people who will operate them
  • Five Most Read: Korea unites
    South Korean container carriers align as dry bulk and crude markets keep growing
  • Euronav revamps dividend to have fixed and variable components
    Move comes amid strong balance sheet and significant changes to company's tanker market outlook
  • Epic Gas posts wider second-quarter net loss
    But company seeing green shoots in the LPG transportation sector with signs of a recovery from record low market levels
  • Wilh. Wilhelmsen net profit hit by WWL merger
    Group incurs $267m accounting loss related to the WWL merger deal
  • Vale offloads two valemaxes to Bocomm and closes in on two more
    Shandong Shipping expected to lease ships as Brazilian mining giant offloads vessels to boost its balance sheet and focus on...
  • NAT boosts time charter deals with Shell to three
    Two new time charters both have a duration of 18 months
  • Qatar crisis yet to shake LNG carrier demand
    LNG shipping outlook in graphs: Booming LNG trades support tanker demand despite rapid fleet growth
  • US coal exports to bolster dry bulk shipping recovery
    Demand continues to grow in Europe as well as East Asia
  • Daily Briefing
  • Will NAT's dividend-in-kind be the new norm?
    Nordic American Tankers boss Herbjorn Hansson leaves no stone unturned in his quest to keep dividend streak alive

The Journal of Commerceweb site
AUGUST 10, 2017
  • XPO transforms LTL acquisition
  • Troops in Rio de Janeiro as Brazil cargo thefts spike
  • Georgia port to cut India-Europe shipping costs
  • South Asia-Europe top container growth market
  • CMA CGM adds Asia-US Gulf extra loaders
  • Inner competition to test new intra-Asia alliance
  • ILWU vote a window to new dawn for West Coast labor relations
  • Top 50 Container Ports in 2016: Shanghai tightens grip on crown
  • Chennai ups productivity drive amid rising competition

TradeWindsweb site
AUGUST 10, 2017
  • 'Challenging' market hits Aegean's profit
    But independent bunker supplier sees improvement from first quarter in volumes and margin.
  • SemGroup targets mid-2018 for suezmax dock
    US energy logistics firm also plans for additional crude oil storage at marine terminal.
  • NOAA sees higher odds of Atlantic hurricanes
    Mid-year update sees 'above-normal' probability of hurricanes in Atlantic Basin.
  • Navios Acquisition targets boost in tanker charter coverage
    New York-listed shipowner aims to use fourth quarter to boost 2018 time-charter coverage to two thirds of fleet.
  • Conti-Lines behind Navision bulker purchase
  • Vietnam takes another Team Tankers vessel
  • Thor Dahl unveils big writedown
  • Seaspan flips ships to pocket $16.4m
    Four panamax vessels bought for $5.6m each eight months ago have been sold for $9.7m apiece
  • More Polaris VLOCs head for repairs
  • SWS' Valemax losses serve as a warning
  • EU cash incentives needed to address recycling issues
  • Shipping Bank sells sole LPG tanker for demolition
  • Gener8 ships heading for 'green' Bangladesh
    Suezmaxes sold for green recycling in country that has so far made little progress improving safety and environmental standards
  • Surfing at sea is not the same as logging on at your local cafe
    One thing is for certain: crew demand for reliable, private connectivity is strong and will continue to grow, says Gregor Ross, Globecomm Maritime sales and marketing director, Europe
  • Empire offloads its oldest ship
  • Poor market spoils charity vessel plans
  • SM Line tally of boxship buys swells further
  • Westfal-Larsen improves but is still in the red
  • Cape orders feeder boxships at Ouhua
  • Socatra lines up order for series of new MR tankers
    French owner signs LOIs for up to four vessels each in South Korea and China
  • Talks start on Tangguh Train 3 LNG ship needs
  • Departure date slides back for Golar's first FLNG unit
    Developer takes advantage of remaining in yard to complete more commissioning work
  • Kogas seeks partners in quest to crack FSRU sector
  • LNG bunker barge delivery nudged into Q4
  • Gas Natural tipped for MSC cruiseships LNG supply job
    Spanish utility's LNG bunkering ambitions revealed as it steams into the gas fuelling arena
  • OSV players see small rise in working rigs
  • Hornbeck urges fellow owners to resist the 'illusion of utilisation'
    HOS boss warns it makes no sense to reactivate ships for a day rate that does not cover expenses and says shipowners working hard to 'refresh' their balance sheets are the ones to worry about
  • DNV GL 'flying squad' saves time and money in Game of Drones
    Cheap technology scores high-value win in class society's first inspection at sea
  • Car carrier player Hoegh hits reverse
  • Bariba left with two bulkers after supramax sale
  • Tschudi sees sharp increase in its red ink
  • Helios fixes gas carrier to IOC in rare one-year deal
  • Grounded self-discharging bulker shuts St Marys River
    Traffic halted on leg of Saint Lawrence Seaway as Rand Logistics prepares salvage plan.

American Shipperweb site
AUGUST 10, 2017
  • Trade Trends: Brexit bully pulpit
    Much has been made of what the United Kingdom's decision to leave the European Union means to business and society in the U.K., and for goo...
  • U.S. Navy issues solicitation to haul damaged Fitzgerald back to United States
    The U.S. Navy is looking to haul the USS Fitzgerald , a guided missile destroyer severely damaged in June during a collision with a contain...
  • Hub Group launches shipment tracking tool
    Oakbrook, Ill.-based Hub Group, a multi-modal transportation management company, launched a new tool to provide customers with shipment vis...
  • Rail terminals in Europe struggling to handle Asian volumes
    Photo: Prasit Rodphan / Shutterstock.com Increasing Asian rail volumes are leading to delays and bottlenecks at European terminals, leading ...
  • Port Panama City prepares for growth
    Photo: Port Panama City Phase 1 rendering of the new forest products terminal Port Panama City along Florida's panhandle is gearing up for ...
  • Yang Ming reports smaller loss in Q2 2017
    Yang Ming Marine Transport in the second quarter of 2017 posted a net loss of 445 million new Taiwan dollars (U.S. $14.7 million), a 90 per...
  • NTSB adds documents to El Faro investigation docket
    The National Transportation Safety Board (NTSB) has filed additional material to the accident docket of the 2015 sinking of the cargo ship ...
  • WiseTech Global acquires Oceania tariff data company
    The global logistics software provider WiseTech Global has acquired Digerati, a provider of tariff research and compliance tools used by th...
  • MGN uses SimpliShip API integration
    The domestic transportation management systems provider MGN Logistics will integrate with the international freight rate marketplace Simpli...

The Bunker Bulletinweb site
AUGUST 10, 2017
  • RUSSIA DATA: Jan-July crude, product port throughput up 11% on year
    Russian commercial ports handled 244 million mt of liquid bulk, including crude, oil products and LNG, in January-July, up 11.1% year on year, the Association of Russian Commercial Seaports said Thursday.
  • Bangladesh BPC to import 1.37 mil mt of gasoil, jet fuel, HSFO in H2 2017 term deal
    State-run Bangladesh Petroleum Corp. will import around 1.37 million mt of 0.05% sulfur gasoil, A-1 jet fuel and 180 CST high sulfur fuel oil combined at lower premiums under a term deal with Asian suppliers, a senior BPC official told S&P Global Platts Thursday.
  • ICE Brent October/November backwardation steepens
    Oil futures weakened Thursday as prices backed off intraday highs into negative territory, while ICE Brent's backwardation steepened at the front end of the curve.
  • Black Sea-Med Handysize freight at 4-month high post-refinery turnarounds
    The freight rate to carry a 30,000 mt fuel oil stem on a Handysize vessel from the Black Sea to the Mediterranean region has reached a four-month high of $13.53/mt, equivalent to Worldscale 170.
  • ARA fuel oil inventories fall 20% on week on VLCC loading
    Fuel oil inventories in the Amsterdam-Rotterdam-Antwerp region fell by 194,000 mt, or 20%, to 799,000 mt in the week ended Thursday, PJK data showed.
  • High aluminum, silicon levels found in Fujairah bunker fuel: FOBAS
    Marine fuel oil testing services company Fuel Oil Bunkering Analysis and Advisory Service has found a high level of aluminum and silicon (Al+Si/catfines) from bunker fuel samples taken at Fujairah last week, the company said in a client note Wednesday.
  • External: Wired Bunkering
  • UAE's Gulf Petrol Supplies targets bunker sales growth of 20% in 2017
    UAE-based Gulf Petrol Supplies aims to grow its bunker fuel sales by about 20% to 1.2 million mt this year by expanding its physical and back-to-back trading operations globally, Gaurav Dwivedi, GPS Bunkers's GM - Trading told S&P Global Platts late Wednesday.
  • Low sulfur fuel oil glut persists on low Med demand, strong sweet margins
    Refineries taking advantage of strong sweet crude margins.
  • Crude steady as exuberance over EIA stocks data wears off
    Investors watching for further developments in the stand-off between the US and North Korea.

›››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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