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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:52 GMT+1
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BRIEFS
August 16, 2017
Sched Netweb site
  • Maersk CEO sees 5 - 6 survivors after merger spree plays out
  • Cosco's Hamburg-bound 14,074-TEUer runs aground out of Antwerp
  • Trump to launch WTO hostilities against China over IP violations
  • Top North American ports achieve 8.9pc box growth in first half
  • Defiant Qatar does end run around Arab blockade via Turkey and Iran
  • Gebruder Weiss takes over Tyrolean Kapeller forwarder
  • Savannah's January-July volume increases 10.8pc to 2.33 million TEU
  • Multi-purpose terminal to be developed at Ghana's Takoradi port
  • Panalpina scores 5-year Iraqi gas deal with undisclosed client
  • HK Airport July cargo rises 11pc to 422,000 tonnes, exports up 15pc
  • HNA buys 82.5pc of Frankfurt-Hahn airport for US$17.8 million
  • Turkish cop stabbed to death by suicide bomber - killer shot dead
  • American Airline's stellar July boosts London Heathrow cargo 15pc
  • TNT Express struggles to recover data from June's cyberattack

Exim Indiaweb site
AUGUST 15, 2017
  • Block exemption in Hong Kong for VSAs
  • First MSC containers arrive in Oman's Duqm port from Europe
  • S&P Global affirms Britannia P&I's ratings & enhances its liquidity rating
  • South Asia seen among drivers of improved Asia-Europe container trade this year
  • Tanker shipping freight rates not seen rising despite increasing long-haul exports of crude oil
  • Two Naval Offshore Patrol Vessels built under IRClass rules launched
  • Yang Ming registers much improved performance in Q2 & H1 2017
  • ZIM's Asia-America lines top schedule reliability ranking
  • Logistics Kart makes a soft launch
  • ECGC pays dividend of INR 72.50 cr.
  • Interactive session clarifies issues on zero rated supplies to SEZ & impact of GST on EOUs
  • Value of exports increases nearly 4 pc in July
  • GCCI elects new office-bearers
  • Global economy seeing cyclical recovery in investment, manufacturing & trade, says analysis

International Transport Journalweb site
  • Good intentions
  • First e-highway for electric trucks in Germany
  • IAG Cargo selects another US gateway
  • Silamas inaugurates office in Myanmar
  • Another step towards an express service from China
  • Swiss World Cargo's new approach to American market
  • Davies Turner emphasizes transpacific services
  • Stable ro-ro volumes in Europe's northern range
  • Major contract lands in Kerry Logistics' net
  • New direct Vancouver - Detroit rail service
  • Mathematician doing the sums for Noerpel
  • Delta gets approval to carry Envirotainer RAP e2
  • Port of Long Beach feels the US west coast beat
  • Chengdu - Pruszkow rail service up and running
  • Pinger takes charge of transport at Pharmaserv
  • Belly landing on Assumption Day

IHS Maritimeweb site
AUGUST 14, 2017
  • Concordia outperforms market in first half of 2017
  • Concordia Maritime sees product tanker demand exceeding supply growth by 2018
  • Western Bulk optimistic as it posts positive first half results
  • Transocean makes USD1.2 billion offer to acquire Songa Offshore
  • Singapore's PIL silent on COSCO takeover talk
  • SITC books feeder ships from Dae Sun Shipbuilding & Engineering
  • Swissco to liquidate subsidiary, which co-owns rigs with Ezion
  • KG fund pursues Essar Shipping for unpaid charter-hire
  • MPA revokes licence of bunker operator

The Loadstarweb site
AUGUST 15, 2017
  • Another mega-containership runs aground, pushing salvors to their limits
  • Forwarders urge US lawmakers to 'get real' on cargo security
  • Delamode goes public to fund major bid for expansion in new markets
  • Cathay Pacific faces more belt-tightening as HK$1.2bn loss looms
  • Freight train derailment hits services in East Anglia
  • Cynthia Earhart new exec-VP and CFO at Norfolk Southern

Marine Logweb site
AUGUST 14, 2017
  • American Queen christens newest addition to its fleet
  • Whistleblower to get $1.59 million in shipyard overbilling case
  • Next generation walk-to-work gangway now operational
  • APS delivers second Catalina island ship-to-shore boat
  • New Sanmar terminal tugs to have MTU engines
  • Stena ferry saves fuel, rolls less after ABB software upgrade
  • Two more Fat Leonard case defendants get prison terms

Lloyd's Listweb site
AUGUST 14, 2017
  • Concordia profits dive into the red
    Product tanker rates fall 40% while suezmaxes earn 47% less in soft market
  • Shipping is missing out on real benefits of data analysis
    Low-cost artificial intelligence and machine learning tools can unlock the value in data collected on board vessels
  • Post-Brexit customs revolution must meet maritime needs or risk chaos, industry warns
    'Very dangerous consequences' if free trade impeded, David Davis told
  • Bulk carrier feels the heat in Gran Canaria
    Salvors called to cool cargo hold after vessel refused entry to port
  • Supras fall further as vessels vie for employment
    Brokers expect the market to stabilise soon
  • Driller thriller: Transocean swallows Songa Offshore for $3.4bn
    Combined company will have a contracted backlog of $14.3bn, by far the largest in the world
  • Cheap VLCCs cannibalise smaller crude tanker trades
    With suezmax rates near bottom, VLCC competition just makes things worse
  • Navig8 Chemical swings to net loss amid soft tanker market
    But group expects supply growth for large chemical tankers to slow substantially over the next 12 months
  • Container trades on course for record growth
    Trade and throughput figures bounce back after two grim years
  • Strong US port volumes bode well for box lines
    July the best month on record for top US container ports
  • Debt restructuring key to Marco Polo Marine's long-term operations
    Company in advanced talks to raise fresh funds from potential investors
  • China bans shipment of coal and iron ore from North Korea following UN sanctions
    Ban to come into force from September 5 this year
  • Avic Maritime still downbeat on shipbuilding sector
    Shipbuilder working with associate companies to diversify vessel product mix
  • Jeremy Nixon warns of risks to container shipping's fragile recovery
    New chief executive of Ocean Network Express says industry still vulnerable to boom and bust cycles despite unprecedented consolidation
  • SITC orders four boxships from Daesun Shipbuilding for $68m
    Boxship operator growing fleet to meet operational requirements
  • Spot LNG freight rates hit a ceiling at $43,000 per day
    Egypt's plan to import fewer cargoes may hurt LNG vessel demand
  • Antwerp port authorities refloat grounded containership
    Updated: Vessel refloated at 2100 hrs on Monday
  • Asset writedowns drag Nam Cheong to $482m first half loss
    Offshore vessel builder had earlier decided to stop debt payments while restructuring
  • Daily Briefing
  • DSME returns to profitability in the first half
    Extensive restructuring and more high-value newbuilding vessel orders help boost operating profit

The Journal of Commerceweb site
AUGUST 14, 2017
  • MacroPoint deal accelerates drive for freight visibilty
  • South Brazilian ports reopen after harsh weather passes
  • JOC Top 50 Truckload Carriers: Larger fleets outperform market
  • For niche carriers, larger players deliver better reliability
  • Analysis: Pricing, not weight, hurting trucking profits
  • NVO targets rising Charleston-UK traffic with expedited product
  • PIL and PSA hook up with IBM in Singapore blockchain project
  • 2017 JOC Directory of Trucking Companies
  • Volumes surge at Adani Ports as capacity expands

TradeWindsweb site
AUGUST 15, 2017
  • TransAtlantic Lines ship under 'no sail' order
    Contractor to Military Sealift Command says ship is undergoing maintenance after completing charter.
  • Rand Logistics sinks deeper into the red
    But the Great Lakes-focused shipping specialist says contracted revenue backlog is better.
  • CSCL Jupiter grounded in known chokepoint
    Reenactment of CoscoCS bosxhip grounding shows difficulty of manoeuvring for large containerships.
  • Arne Blystad stays bullish as Songa Bulk strikes for $45m
    Chairman still likes the look of the risk reward mathematics in the dry cargo market.
  • Krasnoye Sormovo profit tumbles
    Russian shipbuilder makes less money from stable revenue in second quarter.
  • Boskalis splashes out $51.5m on Gardline
    Dutch dredging giant "fulfills strategic ambition" with takeover of UK-based marine survey specialist.
  • Tidewater: 'enough runway for a 747'
    Clarksons Platou says restructured owner is possibly offshore sector's strongest player.
  • Concordia Maritime chief sees tanker rates turning from 2018
    Gradual improvement in the market will be seen from next year, says Kim Ullman.
  • Taiwan Navigation back in black
    Bulker owner makes money again as revenue increases faster than costs.
  • Grindrod shipping arm above breakeven
    Bulker and tanker owner says improvement in dry rates will result in smaller loss for the first half.
  • ESL Shipping seeks bulkers for new venture
    Finnish owner to charter in ships to target new Baltic volumes.
  • Arctic retains hope for winter warming of VLCC rates
    Analysts say "all hope is not lost" for seasonal upturn in big tanker market.
  • Dof secures new charter from Siemens
    Norwegian owner will deploy one construction support vessel in the North Sea until the end of 2017.
  • Creditors squeeze more from Rickmers Maritime
    Recovery rate increases by $2m as price for Navios' acquisition of nine boxships finalised at $59m.
  • Vyborg Shipyard rebounds into profit
    Russian shipbuilder improves result as revenue grows in first six months.
  • Loss grows at Shih Wei Navigation
    Taiwanese bulker owner's costs outstripped revenue in second quarter.
  • Bibby bulker crew evacuated after cargo trouble
    Crew taken off ship off Gran Canaria after ammonium nitrate fertiliser cargo overheated.
  • Fjord 1 shares edge up on Oslo Bors bow
    Ferry owner's stock rises in early trading following transfer from Merkur Market.
  • Aframax rates decline amid Libyan turmoil
    Daily returns for oil tankers reach lowest level in a month as Leon Patitsas-owned tanker unable to finish loading.
  • CSCL Jupiter refloated in Antwerp
    Port re-opened to large ships after CoscoCS boxship moved from Scheldt river.
  • Panoil: impact of bunker tanker ban 'minimal'
    Singapore owner says it can continue to trade fuel despite MPA action.
  • Transocean agrees $1.2bn takeover of Songa Offshore
    Norwegian tanker owner and investor Frederik Mohn becomes largest shareholder as rig and drillship groups combine.
  • Nam Cheong loses $471m in second quarter
    Malaysian offshore shipbuilder does a bit of kitchen sinking as it battles to stay in business.
  • Impairments set to drag down ASL Marine
    Offshore shipbuilder says move prompted by protracted downturn and uncertainty of recovery.
  • Red ink surges at Marco Polo Marine
    Struggling Singapore-listed offshore player takes huge impairment charge.
  • Mermaid Maritime sees second quarter profit halved
    Thai offshore firm says dispute between Qatar and Saudi Arabia has impacted its operations.
  • Euroseas succeeds in slashing red ink
    Improving dry cargo rates help push US-listed bulker and boxship player closer to breakeven.

American Shipperweb site
AUGUST 14, 2017
  • Descartes bets big on MacroPoint
    The global logistics software provider Descartes has never been shy about making acquisitions. The company has built a mini-empire of user...
  • CP launches direct service from Vancouver, BC to Detroit
    Calgary-based Canadian Pacific Railway Ltd. (CP) has launched a direct rail transportation service from Vancouver, British Columbia to Detr...
  • Mercator mulls splitting dredging ops from core business
    India-based Mercator Ltd. confirms that it's exploring the possibility of selling off its dredging unit. India-based conglomerate Mercator ...
  • Major port operators welcomed in Bangladesh as congestion continues
    Bangladesh has been battling rising volumes and shipping traffic, leading to additional congestion surcharges by feeder vessel operators an...
  • COSCO containership refloated near Antwerp
    Photo: Port of Antwerp The CSCL Jupiter was freed around 9:00 p.m. local time Monday and is back in Antwerp for inspection. The containersh...
  • Declining EU industrial production offset by rising energy market
    Industrial production in the European Union (EU) was down by 0.6 percent in June 2017 compared to May 2017, according to estimates from sta...
  • PSA, PIL partner with IBM on blockchain development
    Ocean carrier Pacific International Lines (PIL), terminal operator PSA International (PSA) and IBM Singapore (IBM) have agreed to utilize b...
  • 3GTMS to use project44 APIs
    Cloud-based transportation management system (TMS) provider 3GTMS has integrated real-time rate and transit time capabilities provided by t...
  • Target buys delivery technology provider
    Major U.S. retailer Target has acquired San Francisco-based technology provider Grand Junction to better arm itself with last-mile options ...

The Bunker Bulletinweb site
AUGUST 14, 2017
  • Oil futures nearly flat before weekly US data with gasoline in focus
    The US Dollar Index jumped Tuesday morning after government data showed US retail sales increased in July by the most since December.
  • NWE hilo FO swap falls to three month low on weakening LSFO: sources
    Competitive hilo offers in Platts Market on Close suggested players have a more bearish view of the LSFO market.
  • SHIPPING: Operations suspended at India Dhamra Port after workers killed
    The Dhamra is a major thermal and metallurgical coal receiving port on India's east coast.
  • External: Wired Bunkering
  • Rotterdam to Singapore VLCC freight jumps on fuel oil fixture
    But traders were skeptical of any bullish tone spreading across the fuel oil market for better arbitrage opportunities.
  • Prospects of VLGC floating storages dim as Asian LPG flips into backwardation
    This was unlike the same time last year, when 14 ships were anchored in the Singapore Strait, amid a contango market.
  • Singapore's Sing Fuels starts operations in West Africa
    "Besides entering Africa, we are also exploring areas like Latin America," Singh said.
  • FUTURES: Crude rallies after bearish drivers spark overnight crash
  • Singapore's MPA revokes Panoil Petroleum's bunker craft operator license
    "Unauthorised alterations were made on the pipelines of the bunker tankers between the Mass Flow Meters and the flow boom," the MPA said.

›››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%)
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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