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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:24 GMT+1
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BRIEFS
April 14, 2017
IHS Maritimeweb site
APRIL 13, 2017
  • Second PDZ vessel arrested
  • Singapore launches truck-loading facility at LNG terminal
  • DSME chief predicts Q1 2017 profit
  • Samudera plans vessel sale to exit domestic Indonesian market
  • KMTC sells sole bulk carrier to focus on containers
  • STX acquisition 'could raise SM Group's debt burden'

The Loadstarweb site
APRIL 13, 2017
  • Carriers slammed as capacity crunch makes waves for project cargo shippers
  • Freighter ambitions curbed as more countries impose aircraft age restrictions
  • Shippers want to be partners with carriers not just 'customers'
  • Analysis - which competitor is next in M&A line after Knight-Swift deal?
  • Exoskeletons give more power to Geodis workers' elbows
  • Boeing shortens supply chain with 3D-printed parts for 787
  • Malaysia seizes shipment of rhino horns worth $3.1m at airport

Marine Logweb site
APRIL 13, 2017
  • EBH Namibia meets tight deadlines on five tug contract
  • Brazilian yard wins order for two Damen ASD tugs
  • Natural gas operating fleet concept gets LR AiP
  • WinGD X-DF engines to power Sovcomflot LNG fueled Aframaxes
  • Marcon brokers sale of 1981-built U.S.-flag tug
  • VIDEO: Metal Shark's first two for NYC Ferry head for Apple

Lloyd's Listweb site
APRIL 13, 2017
  • Capes underperform smaller bulkers but China's iron ore imports offer support
    One-year period charter fixed at $20,750 per day, highest since May 2014
  • Second Polaris VLOC heads to Cape Town for repairs
    Stellar Cosmo forced to join Stellar Unicorn when searching survivors from Stellar Daisy
  • American Hellenic Hull aiming for 4,000 vessels by 2020
    New insurer has already insured more than 1,500 ships
  • Alliance carriers push through higher rate rises
    New data on Asia-US west coast trade indicates top non-allied carriers have kept prices flat, while alliance partners increased prices on average by 10%
  • Leonhardt & Blumberg teams up with Buss on ship management
    Combined fleet will run to 55 vessels
  • Tanker bulls have their time in the sun
    VLCC earnings soar by almost $5,000 in a day as global refinery demand looks set to rise
  • The end of golden-boy compensation at Seaspan
    Lucrative advisory fees the common thread behind Graham Porter's abrupt departure and Gerry Wang's executive pay make-over
  • Digitalisation: Over-hyped or a genuine game-changer for container shipping?
    As ocean carriers look for start-ups with appropriate digital skills, they have to understand how to introduce outsiders into their core business
  • Equipment imbalance hits Brazil trades
    Low import figures means both boxes and vessels to ship them in are in short supply for exporters
  • India extends tax exemptions to seafarers
    Salary accrued to a non-resident seafarer for services rendered outside India on foreign ships will not be taxed
  • Policy bank opens way for talks with pensions service on DSME aid
    Move is a surprise shift away from the Korea Development Bank's previous 'no compromise' stance
  • LPG consumption rising in India and China
    All eyes on potential bottlenecks at Indian ports
  • Strong transhipment volumes boost Rotterdam box throughput
    Port saw a 8.8% rise in containers handled to 3.3m teu
  • DryShips inks one-year time charter for newcastlemax bulker
    Company expects total gross backlog of $7.1m from the vessel's employment
  • Long Beach box throughput rises 8.7% on import demand
    But exports volumes were hit by the stronger US dollar
  • DSME chief optimistic over 2017 results
    Company likely returned to profit in the first quarter, says Mr Jung
  • Fincantieri inks initial pact with French authorities for STX France
    Agreement marks another step towards finalising the acquisition of Saint-Nazaire shipyard
  • Master of none
    With APL's Capt Pan being dragged into a Hong Kong court over the illegal importation of strategic commodities, cynics may suggest the master's principal role is to carry the can

The Journal of Commerceweb site
APRIL 13, 2017
  • FMC's Cordero tapped to lead Long Beach port
  • NY-NJ appointment system expanding as turn times contract
  • Tech gives US shippers edge in truck contracting
  • Brazil's Suape moves forward on new terminal plan
  • India's Pipavav port shifts focus to liquid and ro-ro cargoes
  • First quarter is best ever for Rotterdam TEU growth
  • Top US truckers lead industry revenue growth

TradeWindsweb site
APRIL 13, 2017
  • Karl Schmitt of Athenian Tankers passes away
    Long-serving managing director at UK office of Athens-based VLCC owner.
  • Bulker spend doubles in active first quarter
    Over $2bn was invested in dry cargo ships during the first three months of 2017 as sentiment rose and public companies returned to the market.
  • IEA sees hurdles, and some upside, for tankers
    Demand growth lower and Opec cuts holding, but US crude is growing.
  • Wang takes $5.8m hit as Seaspan ends S&P fees
    Payments on transactions were more than double chief executive's regular salary
  • Crunch time looms for future of Korea's cash-strapped DSME
    Creditor meetings scheduled for Monday and Tuesday will decide how yard's future unfolds but national pension fund could prove stumbling block
  • Rise in Atlantic Basin cargoes could put a floor on tanker spot rates
    US broker says tonne-mile demand could absorb VLCC newbuilding deliveries
  • Offshore fleet boss pings charterer seeking rate cut
  • Concerns heighten following pirate attack on bulker
  • Sector braces for new nickel ore exports
  • DC Maritime explores debt fund to refinance loans as market recovers
    Restructuring firm highlights growing need to cover the retreat of traditional shipping lenders
  • Salvage advisor Brand Marine makes its mark on global scale
    Hamburg-based technical consultancy is taking on bigger, London-based rivals for casualty and wreck-removal business
  • Global offshore rig decline slows to net loss of five units
  • Sector tunes up for new era as wave of LNG sparks change
    Some Gastech goers had a spring in their step but that upbeat feel may take a little longer to filter through for others
  • Gas4Sea closes in on its next LNG bunkering customer
  • Tellurian starts LNG ship search as it limbers up to trade
    LNG ship-savvy co-founder Martin Houston spells out what company's vessel requirement could look like for first phase of Driftwood LNG
  • Engie finds a new use for its medmax LNG carrier
  • Sales talks continue on NYK LNG steam ship
  • K Line grow its horizons in LNG sector
  • Total poised to launch LNG ship tender for US cargoes
    Shipowners pin hopes on upcoming requirement from energy major as pickings remain slim elsewhere
  • Sellers hold fire as panamax values bounce back
  • Two German wide-beams go for $40m after six months
  • SeaChange scales down fleet and edges towards boxship exit
    Private equity firm Soundview follows lead of Miami-based owner by using the rising market to sell vessels
  • Arrest warrant issued in LPG carrier row
  • Union Maritime denies buying MR tanker pair
  • Aims Shipping buys panamax in nick of time
  • JME Navigation behind bulker buy as it resumes expansion
    Greek owner bounces back after shrinking fleet under pressure from lenders
  • OOCL lobs lawsuit at rail giant after crash smashes boxes
    Hong Kong liner operator wants BNSF to pay for cargo losses after two trains collided head on with containers from Asia.
  • Swiber-linked AHTS trio fail to sell at auction
  • Lydia Mar to manage handy sold by Nomikos
  • Maersk Tankers eyes clear-out of vintage MRs
  • Real estate specialist to aid German loans sales
    Ex-Flensburger chief joins loan servicing group to take advantage of private equity's appetite for deals
  • George Economou pounces on United Ocean bulker
    Greek owner believed to have continued an active year in the sale and purchase market with Kamsarmax deal.
  • Closing gender gap is the right thing to do - and it's good for business
    The small number of women - onboard and in boardrooms - is not only shameful, it is holding shipping back, because the evidence shows that diversity produces better profits
  • The sun is finally coming out to shine on dry bulk shipowners
    But unless companies exercise restraint this time, there are fears that the storm clouds might gather again
  • Aegeus sells bulker veteran for trading
  • Conversion overruns drag KNOT into the red
  • Fincantieri plans to rebrand STX France
  • Shandong Landbridge orders VLCC trio for China oil imports
    Dalian Shipbuilding wins contract after Chinese government awards licence to owner
  • Wang takes $5.8m hit as Seaspan ends S&P fees
    Payments on transactions were more than double chief executive's regular salary
  • J Lauritzen inks debt deal after $80m cash injection
  • Akmar coy on link to first secondhand foray since 2009
  • Tanker scrap sale deals take off
  • Governments head for Paris showdown
  • Canadian government backs Seajets ferry purchase
  • Crack in Polaris VLOC may hold clues to Stellar Daisy tragedy
    Another converted VLCC in the fleet sailed for weeks with crack in its hull
  • Rickmers Maritime closure blow to SGX's maritime hopes
  • SCF sets out stall to shift bulk of aframax fleet to LNG fuelling
    Group boss Sergey Frank wants to clean up shipping and expects the majority of his outfit's 60-ship aframax fleet to switch to LNG power by 2022
  • Leasing houses wary of kamsarmax craze
  • East of Suez long on clean tankers and shy on earnings
  • Buyers splash $90m on neo-panamax boxships
    South Koreans in $50m raid for 8,500-teu pair while Germany's ER Capital digs deep to retain three 7,850-teu vessels
  • Crunch time looms for future of cash-strapped Korea's DSME
    Creditor meetings scheduled for Monday and Tuesday will decide how yard's future unfolds but national pension fund could prove stumbling block
  • JP Morgan in $500m deal for up to 12 newbuilds
    Investment bank's Global Maritime arm backs up bullish stance with expression of interest in newbuilds at Chinese yards
  • Euronav: no damage nor fouling in grounding
    VLCC grounding in South China Sea occurred early Wednesday; refloating still underway.
  • 'Phillips extends tanker charters'

American Shipperweb site
APRIL 13, 2017
  • Clash arises over impact of CBP Jones Act
    The Offshore Marine Service Association (OMSA) is disputing a report released by the American Petroleum Institute that projected "significa...
  • Port of L.A. ups box volumes in March
    Source: Ian Kennedy/Shutterstock The Port of Los Angeles handled 788,524 TEUs in March, 565,321 TEUs of loaded containers and 223,203 TEUs o...
  • APL unveils new Asia-Oceania loop
    Source: APL APL will launch the China Australia Service 3 (CA3) between North Asia and the East Coast of Australia May 21. Singapore-based ...
  • Rickmers Maritime winds up operations
    Singapore-based containership lessor Rickmers Maritime said Wednesday it will wind up operations after defaulting on loans. Rickmers Marit...
  • Executive Moves: Saddle Creek and Port of Prince Rupert
    Saddle Creek Logistics Services has hired Timothy Tyson as senior director of business development. Port of Price Rupert Vice-President ...
  • R.I. House Rep. seeks to repeal controversial truck tolling law
    Rhode Island's controversial truck-only tolling program still may not be a done deal despite being approved last year by the state's Genera...
  • California lawmakers approve 10-year $52.4b infrastructure bill
    The California Senate has approved a bill that will increase gas and diesel taxes statewide in order to fund investment in ailing transport...
  • Port of Indiana-Burns Harbor receives first ocean vessel of 2017
    The Port of Indiana-Burns Harbor welcomed the first ocean vessel of the year, marking the official opening of the international shipping se...

The Bunker Bulletinweb site
APRIL 13, 2017
  • REFINERY NEWS: Petroecuador Esmeraldas refinery completes planned maintenance
    Petroecuador's Esmeraldas refinery is now operating with normalcy after completing six days of planned maintenance, according to the company.
  • NYMEX May crude holds above $53/b as dollar weakens on Trump remarks
    NYMEX May crude settled 7 cents higher at $53.18/b. ICE June Brent settled 3 cents higher at $55.89/b.
  • Gibraltar bunker availability tight on limited barge access: sources
    Seven vessels were waiting to enter the port as barges were not ready, he said.
  • ANALYSIS: South Africa downstream hurdles linger as cleaner fuels push stalls
    - Regulatory uncertainty persists - Refining sector needs reform and investment - West Africa likely to face similar hurdles
  • External: Wired Bunkering
  • Singapore's first LNG truck loading facility ready for operations
    The single-bay facility on Jurong Islandwill facilitate truck-to-ship bunkering as well
  • SINGAPORE DATA: Mar bunker fuel sales rise 4.6% on year to 4.34 mil mt
    March bunker sales is the third highest on record.
  • DRY BULK: Q1 freight rates remain higher despite decline in demolitions
    Higher freight returns have translated into lower scrapping volumes, while scrap prices have increased on the back of the rise in steel prices.
  • TRADER NOTE: Peninsula Petroleum fuel oil trader leaves Singapore desk
    Quah was with the company for 19 months.
  • Singapore's Rickmers Maritime shipping trust to wind up
    Rickmers Maritime had been given until April 15 to present a restructuring plan to its main lender HSH Nordbank.
  • ANALYSIS: April, May field maintenance program may enable UAE to comply with OPEC cuts
    - Upper Zakum output down after Ruwais refinery fire - Murban, Das loading allocations down in April, May - Compliance with quota requires further cuts
  • OPEC sees 2017 call on its crude at 32.2 mil b/d, market in deficit Q3
    - 2017 non-OPEC supply forecast revised up on US shale - OPEC 160,000 b/d above 32.5 million b/d ceiling - OECD commercial stocks 268 mil barrels over 5-year average

›››File
FROM THE HOME PAGE
PORTS
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%)
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.
PORTS
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
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
SHIPYARDS
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
PORTS
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
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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