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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
February 14, 2017
Sched Netweb site
  • Maersk Line pushes back delivery of new boxships to improve cashflow
  • Yang Ming to return charters to make way for newbuilds
  • Port of Virginia's box volume rises to all-time high of 2.6m TEU
  • Rickmers sells breakbulk/project carrier to ZEABORN Chartering
  • Cross-border e-commerce to grow US$900 billion by 2020: DHL
  • Poor container packing leads to 65pc of damaged cargo: TT Club
  • NYK ships 850 reusable judo tatami mats to regional countries
  • Singapore Airlines Cargo's Q3 volume rises 6.6pc
  • Leipzig/Halle airport 2016 cargo volume rises 6.5pc to 1.1m tonnes
  • Shortage of Spanish lettuce leads to major veg hunt in the Americas

Exim Indiaweb site
FEBRUARY 13, 2017
  • Hamburg Süd opens office in Dubai
  • Hyundai Merchant Marine makes maiden vessel call at Mundra under CIX service
  • Maersk Line enhances Asia-Europe & Transpacific services
  • MISC Group records higher profit before tax in 2016
  • MOL transports used wheelchairs to Cambodia for donation to children
  • NYK's Asuka II honoured as Cruise Ship of the Year for 25th consecutive year
  • Oversupply in dry bulk shipping seen easing due to improving demand
  • Port of Long Beach traffic surges in Jan.
  • SCFI rates slip
  • China's ex-im trade up in January
  • DP World Chairman highlights value of trade at World Government Summit
  • Kerry Indev Logistics' unit at Adani FTWZ Mundra to be inaugurated on Wednesday
  • Governing the e-commerce industry
  • Steps being taken towards logistics efficiency enhancement of economic corridors
  • AISATS COOLPORT, India's first integrated on-airport perishable cargo handling centre, launched at Kempegowda International Airport, Bengaluru

International Transport Journalweb site
  • Top ranking
  • Slovenia to renew road toll system
  • Far more than flowers
  • Adding depth and strength in Europe
  • SAL: inland rail must feed ports - not bypass them
  • Trains on the move around Trieste port
  • Airbus test aircraft transferred to Le Bourget
  • Former Southern Air CEO lands on Livingston doorstep
  • Hardening railway's core infrastructure
  • Daimler searching for trucks and buses boss
  • Contract extended and contracts won in Brazil
  • No turn of the tide for HMM as yet
  • Air Seychelles' last flight to Beijing
  • Rasmussen weighing anchor at Maersk
  • A red rose for Emirates' triple seven freighter
  • HHLA: box number and results up in 2016
  • High-speed shuttle now available on trans-Sib route
  • Ten core questions about Brexit

IHS Maritimeweb site
FEBRUARY 13, 2017
  • Norton Rose Fulbright on NY push, private equity, and Trump
  • Maersk unit cleared of anti-trust charges at India's JN Port
  • Farstad Shipping restructuring starts with share placement
  • Abu Dhabi Ship Building thinks big
  • CH Offshore suffers half-year net loss
  • New Maersk, MSC services to handle HMM, Hamburg Süd slot deals
  • Hyundai Merchant Marine receives credit rating boost
  • Vallianz Holdings posts falling net profit, margins in FY 2016
  • HPH Trust shares fall in Monday trades on cautious outlook for 2017
  • MISC revenues down 12% in FY 2016
  • Weak oil prices see OSV influx in resale market
  • 'K' Line secures Capesize cargoes for 2017

The Loadstarweb site
FEBRUARY 13, 2017
  • Air cargo rates boost after Hanjin collapse will be short-lived, says consultant
  • 2M beefs up east-west tradelane offerings ahead of new alliance launch
  • Freight-alt-delete: the digitisation debate
  • Has NOL acquisition come at a heavy price for CMA CGM?

Marine Logweb site
FEBRUARY 13, 2017
  • ISO issues new International Standard for LNG bunkering
  • VIDEO: First U.S.-built Rotortug goes to work
  • How USCG deals with Li-ion powered vessel plan review
  • Damen books order for Voith Schneder propelled inland ferry
  • Red and White Fleet orders Li-Ion hybrid vessel at AAM

Lloyd's Listweb site
FEBRUARY 13, 2017
  • Stealth confirms 'cheapest' aframax resale in over a decade
    Greek duo deny acquiring second Dong A Tanker newbuild
  • Diana Containerships stays in the red
    Bad market conditions cited as revenue comes in 63% lower than a year earlier
  • Scorpio Tankers plunges into red
    Dividend cut caused by loss likely to overshadow positive elements, says UBS
  • Peel Ports downplays Liverpool2 sinkhole
    Container terminal operations are continuing, says port owner
  • NYK fixture helps lift VLCC rates
    Charterer Day Harvest takes the NYK tanker for a Middle East to China voyage, loading late-February
  • No Panama panacea for US east coast ports
    Volumes are growing, but at a slower rate than total US figures
  • Sompo Canopius hires Gray from Swiss Re
    New P&I chief charged with diversifying portfolio
  • Iran tanker makes rare oil shipment to Indonesia
    Delivery also signals NITC's access to more global ports
  • Navig8 Product Tankers takes long view amid 2016 loss
    New York-based owner sees enticing developments on the horizon for its sector
  • Handysize bulkers recover in Asia Pacific after Chinese New Year
    But trading conditions remain weak in Atlantic trades
  • Softening charter revenues hit Vallianz 2016 profits
    Offshore services provider mitigates steep revenue decline with cost savings
  • Canadian ports play down Panama Canal threat
    Competitive advantage of Canadian gateways in the north remains, ports claim
  • Electrolux logistics chief slams carriers' handling of Hanjin
    Bjorn Vang Jensen bemoans lack of information following the crisis, as once again shippers were left in the dark
  • HHLA given a late boost
    Throughput and financial performance lift in second half of 2016
  • HHI wins another FSRU order
    Latest contract with Turkish consortium comes after deal signed with Höegh LNG last month
  • No new market capacity pledge as 2M upgrades network
    Update: Maersk and MSC to start new services underpinned by HMM and Hamburg Süd cargo
  • Foreign exchange gains boost Marco Polo Marine profit
    Revenue decreased amid dismal industry conditions
  • Shanghai backs Cosco Shipping ports and logistics investment powerhouse
    Global Port Funds to acquire quality port assets worldwide including the US, Greece and major port cities in China
  • Mercator raises $15m from share placement
    Firm looking to pare debt levels with proceeds from sale

The Journal of Commerceweb site
FEBRUARY 13, 2017
  • Trans-Pacific discipline stems spot rate drop
  • Mexican trucking past US border in crosshairs
  • NVOs gaining larger share of Asia imports to US
  • HMM credit rating upgraded to stable
  • APL Logistics pulls Kintetsu World to loss
  • Shreyas Shipping expands fleet to tap Indian cabotage
  • HPH cautious about 2017 after traffic drop
  • ILA, employers take first step toward contract bargaining
  • New 2M services to handle HMM, Hamburg Süd volumes

TradeWindsweb site
FEBRUARY 13, 2017
  • Boxship scrapping heats up as lessors seek market 'remedy'
    Data show jump in containerships demolition, while Wells Fargo analyst expects trend to continue.
  • Natixis files to arrest Newlead Granadino
    Formal action taken in step toward eventual sale of bitumen tanker.
  • Solbakken cool on Ocean Yield offshore exposure
    Chief executive says remaining counter parties are strong after Ezra linked contract is cancelled.
  • Pareto Securities: Only Frontline can use stock as currency
    DHT pursuit shows Frontline's advantage in today's market, Eirik Haavaldsen says.
  • Costamare gets two Wall Street upgrades
    Boxship fundamentals show no improvement, but Costamare well positioned in downturn.
  • Diana Containerships loss grows
    Greek boxship owner bleeds more red ink due to reduced employment opportunities and low rates.
  • Scorpio Tankers downs dividend amid efforts to boost liquidity
    President Robert Bugbee says the shipowner has prepared for whatever the market has to throw at it.
  • Cruiseship owner to pay for grounding
    Canadian compensation bill set at $339,000 after Clipper Adventurer incident in 2010.
  • LGR denies sale of MR tanker pair
    Italian owner says reports of double sale are incorrect and suggested pricing would be too cheap.
  • Term deals keep SSC profit stable
    Singapore car carrier company says surplus cash allows it to examine expansion.
  • Clarksons: Top 10 growing but box ownership still spread
    Major lines have been combining but the world still has more than 600 different containership owners, broker's figures show.
  • Hanjin debt price 'should not change'
    Southey Capital says priority is still with creditors as liquidation looms.
  • Crew evacuated after boxship fire
    UPDATE: Tugs tackling blaze on APL Austria at Port Elizabeth.
  • Busch encouraged by product market
    Navig8 Product Tankers chief executive optimistic for market after fourth quarter and full-year loss.
  • Reliance yard narrows third quarter loss
    Indian shipbuilder benefits from higher revenue and lower costs.
  • Gulf Navigation boosts 2016 profit
    Restructuring tanker owner reports improved annual results and intensifies transformation efforts.
  • Tanker goes aground off Japan
    Oil spotted around Taiwanese vessel that lodged on shore in Kagoshima.
  • Mercator back to black thanks to VLCCs
    Indian shipowner makes a profit in the third quarter after securing higher tanker rates.
  • German banks facing vessel age headache
    Moody's says lenders are more exposed to less efficient older ships compared to Asian rivals, as provisions increase.
  • Three killed by toxic fumes on barge
    Bulker reports gas leak on board smaller vessel moored alongside in Mumbai.
  • Havila in seven-year pact with Statoil
    Latest deal for the 2003-built Havila Troll comes in direct continuation of existing contract.
  • Libya loads first oil from Gaza FPSO
    Oil company NOC says Korean-built vessel provides huge storage at Bouri field.
  • Farstad Shipping completes $18m share sale
    Bondholders hoover up first private placement, paving the way for offshore mega-merger.

American Shipperweb site
FEBRUARY 13, 2017
  • Port of Oakland sees container volumes rise in January
    As it marks its 90th birthday this week , the Port of Oakland handled 6.1 percent more containerized cargo in January 2017 than it did a ye...
  • Commentary: When manufacturers become retailers
    So I had been planning for a while to write a column about an inherently "unfair" wrinkle of e-commerce logistics: the idea that the intern...
  • U.S. steel exports dip slightly in December
    The United States exported 726,848 net tons of steel in December, a 0.3 percent decrease from the previous month and a 0.2 percent increase...
  • Maersk, MSC to expand 2M network
    Maersk Line and MSC are expanding their 2M Alliance service network in the wake of new slot sharing agreements, the carriers said in a join...
  • NTSB: Casselton collision likely caused by defective axle
    A defective axle was the likely cause of a 2013 collision between two freight trains that resulted in the spilling of 476,000 gallons of cr...
  • Dam maintenance could delay Yangtze River shipments
    Cargo transportation on the Yangtze River will be take longer than normal because of annual maintenance on the Three Gorges Dam that began ...
  • FedEx Supply Chain launches FedEx Fulfillment
    FedEx Supply Chain, the parcel giant's third-party logistics subsidiary formerly known as GENCO, has launched a new service called FedEx Fu...
  • Report: Containers fall off Maersk ship into N.J. harbor
    Three boxes containing automobiles and kitchen supplies were knocked off the deck of a Maersk Line vessel in the Newark, N.J. harbor on Sun...
  • Yang Ming suspends EDI services as THE Alliance preps new network
    Taiwanese ocean carrier Yang Ming Marine Transport Co. has suspended its EDI scheduling services, effective immediately, according to an em...

The Bunker Bulletinweb site
FEBRUARY 13, 2017
  • INTERVIEW: New entrant Uniper aims to shake up ULSFO market
    "We are very excited about 2020. Come 2020, we believe we will be able to produce 0.1% sulfur fuel cheaper than 0.5% sulfur gasoil."
  • Genoil signs low sulfur bunker MoU with marine fuel supplier Bomin
    Genoil has designs for a refining unit that can desulfurize heavy fuel oil to create a product compliant with the new cap, and plans to work towards an agreement for it to produce 0.5% bunkers that Bomin can then supply to shipowners
  • External: Wired Bunkering
  • FUTURES: Crude flat to lower amid OPEC cut compliance, US rig rise
  • IEA hails 'solid start' to OPEC cut pact, raises demand outlook
    OPEC had made a "solid start" to its six-month production cut pact
  • ANALYSIS: Majors keen to flag spending upturn despite slow recovery
    - Cash margins are king as market rebalances - Breakevens falling but some still struggling - Pressure to announce new upstream project

›››File
FROM THE HOME PAGE
PORTS
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
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
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
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
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
ENVIRONMENT
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
COMPANIES
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
PORTS
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
INDUSTRY
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
PORTS
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.
COMPETITION
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
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
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.
ENVIRONMENT
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
LOGISTICS
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%
SHIPPING
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%
PORTS
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
SHIPPING
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
SHIPPING
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.
PORTS
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
SHIPPING
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
PORTS
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%)
SHIPYARDS
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
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
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.
EDUCATION
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
MEETINGS
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"
MOURNING
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
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
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
SHIPPING
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
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
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
PORTS
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%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
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.
LOGISTICS
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.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
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
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
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
PORTS
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
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
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
SHIPYARDS
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
SHIPPING
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
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
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
PORTS
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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