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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:39 GMT+1
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BRIEFS
May 19, 2017
Sched Netweb site
  • CMA CGM levies Asia-Americas rate hikes from June 1, June 15
  • Hamburg Sud ups rate from Asia to Canada west coast and all US ports
  • Hapag-Lloyd to levy Shekou, Yantian, Da Chan Bay box weigh-in late fee
  • Evergreen Marine back in black as quarterly revenues soar 18.3pc
  • Panamax ship values jump on rising charter rates
  • DP World signs MOU with India to develop maritime infrastructure
  • Global Ports to boost capacity at St Petersburg to boost market share
  • Cyber crooks hit FedEx in global ransom grab that hits Windows OS
  • OECD sees stable growth in US, UK as German, Canadian GDP to accelerate
  • Solomon Islands envoy to EU leads band against shipping's CO2 emissions
  • E-commerce transforms technology that powers global supply chains
  • Singapore Changi Airport reopens terminal after fire extinguished
  • Budapest Airport cashes in on manufacturing boom with 21pc growth
  • India to develop air freight platform for domestic stakeholders
  • K+N's launches new Changi centre to expedite air freight processing

Exim Indiaweb site
MAY 18, 2017
  • Bahri & HHI MoU aims at deploying new & improved technology, harnessing data & insights
  • Global container traffic shows impressive growth in Q1 2017
  • Gulf Petrochem Group marks first-ever bunker supply by barge at Indian port
  • JNCH's special drive for clearance of drawback claims pending under brand rate
  • Anti-dumping duty imposed on aluminium foil imports from China
  • APM Terminals Pipavav marks 1,000 days of safe operations
  • IAPH conference passes resolutions on role of ports in mitigating climate change, cyber security
  • Mansukh Mandaviya visits Kandla Port
  • TRAFFIC HANDLED AT MAJOR PORTS
  • China & ITC announce partnership to support Belt & Road initiative
  • Snowman Logistics' Q4 FY17 PAT at INR 3.62 cr.
  • Tariff value of various products revised

International Transport Journalweb site
  • Satisfactory growth
  • Chinese reefers arrive in Rotterdam
  • Transforming road transport to push Oman's growth
  • Flying Jaguars between Birmingham and Chicago
  • Breaking ground for new sorting centre
  • ICS pushing IMO on emissions reduction
  • New sales director at Renault Trucks (Switzerland)
  • Saudia Cargo shows how to keep it fresh
  • Pahnke appointed head of sales at TFG Transfracht
  • Preparing for growth in Maghreb countries
  • Med port range extended by Spliethoff
  • Sweden: unloading minerals at high speed
  • Fair winds and following seas for Finnlines in Q1
  • UK road haulage contract lands K+N net
  • Tiaca to support Indonesia's air cargo industry
  • Waco Pakistan member receives IAG award

IHS Maritimeweb site
MAY 18, 2017
  • Iran's steps towards self-sufficiency overshadowed by elections
  • Jolly Nero master given 10-year prison sentence
  • Tanker Investments fixes two Suezmaxes to raise fixed-rate coverage
  • South Korean court invalidates DSME's reliquefaction patent
  • Stop-work order imposed on Samsung HI again after fire
  • Seoul to upgrade 10 ports
  • How LNG aggregators and traders impact fleet efficiency

The Loadstarweb site
MAY 18, 2017
  • Forwarders hit out at carriers revisiting fuel surcharges - 'a ploy to raise rates'
  • Fears surface over potential for congestion at major UK-EU borders, post-Brexit
  • Pass the parcel: meeting the challenges of e-commerce fulfilment
  • Agility and innovation are vital for shippers seeking true supply chain visibility
  • Container carriers must focus on strategic issues to survive
  • Blockchain builds trust in shipping with 'single version of the truth'
  • US beef can now compete with Australian products in China

Marine Logweb site
MAY 18, 2017
  • DSME LNG carriers to have GTT containment systems
  • Australia takes wraps off Naval Shipbuilding Plan
  • ABB solution handles EU MRV emissions reporting regs
  • Tidewater files Chapter 11 bankruptcy petitions
  • Vigor wins $12.8 million T-AKE 14 contract
  • Harvey Gulf books long term contracts, grows fleet
  • Marinette Marine hosts LCS 19 keel laying ceremony

Lloyd's Listweb site
MAY 18, 2017
  • Don't underestimate industry's C02 ambition
    MEPs fail to realise this is a global negotiation about the CO2 reduction pathway being taken by a global industry
  • Cape earnings down amid Chinese demand worries
    High iron ore stocks and steel mill shutdown in China point to fewer shipments
  • Transport industry failing to improve safety standards
    TT Club's Peregrine Storrs-Fox says lessons are not being learned from past insured losses
  • New ships help Teekay LNG Partners
    Master limited partnership secures financing to execute growth projects
  • Rickmers warns noteholders of collapse if no deal done
    No payout likely unless investors agree to planned restructuring
  • North P&I posts surplus despite Brexit headwinds
    Size of surplus shrinks as club hands back cash and Brexit takes a bite out of bond yields
  • Whisper it: Teekay Tankers and Tanker Investments could merge
    Merger would fortify both companies during this uncertain time of tanker market volatility
  • Newbuild delivery glut and tepid oil prices drag down Hafnia results
    Net profit nearly halved to $6m
  • Shipping companies highly vulnerable to cyber attacks
    Industry remains divided on merits of adopting cyber protection measures, making them susceptible to attacks, experts say
  • Tanker Investments expects 2017 fleet growth to drag down crude carrier market
    But vessel scrapping is expected to pick up in the near term amid weak spot rates and an ageing fleet
  • Qinhuangdao offloads box terminal stake to joint venture with Tianjin Port
    Group to receive about $81.2m for the stake transfer
  • Labour ministry issues partial stop-work order at SHI yard
    Move sparked by fire at facility and comes in wake of fatal crane accident
  • Indian naval forces thwart sea robbery attempt in Gulf of Aden
    Bulk carrier was en route to Port Said when it encountered would-be attackers
  • Happy in your work?
    Once, employers made seafarers pay for their own straw mattresses; today the issue of internet access for crew is becoming important in competition for the best seafarers

The Journal of Commerceweb site
MAY 18, 2017
  • Largest ship to visit US East Coast highlights port infrastructure needs
  • Texas set to raise truck weight limits at ports
  • ILA criticizes NY-NJ port authority's rents for chassis depots
  • Tighter capacity, toll hikes to raise Russia truck rates
  • Damco shifts to river route for Bangladesh cargo
  • EU relaxes state port aid rules
  • China-Europe rail via Mongolia offers transit, cost savings
  • Radical shift in Asia sourcing pressures factories

TradeWindsweb site
MAY 18, 2017
  • Teekay LNG scores sale-and-leaseback financing for quartet
    Analyst more confident in dividend after New York-listed shipowner secures $640m worth of financing for four newbuilding LNG carriers.
  • Skaugen wins refund from VW's MAN Diesel
    Norwegian owner sees arbitral tribune compel German company to pay around $15.5m in prolonged, bitter row.
  • The TW+ Quiz
    How much can you remember of the past months of TradeWinds news?
  • The little 'island blazing a trail for gas
    Roderick Craig discovers why a small island on Sweden's west coast is home to a cluster of fiercely independent owners pioneering a new generation of LNG-powered tankers
  • State of the Arc: Yamal's icebreaking LNG carriers
    Lucy Hine reports from onboard as the world's most advanced LNG carrier makes its maiden call on the Yamal Peninsula
  • Schulte's rising sons: Keeping it in the family
    The Schulte Group has survived 134 years as a family outfit, and Heinrich Schulte intends to keep it that way. Ian Lewis talks to the company patriarch and the sons he is entrusting with his legacy
  • El Faro: Countdown to catastrophe
    The sinking of the 40-year-old conro sparked the most detailed US casualty investigation in recent memory. Ahead of the release of the official reports, Eric Martin, who sat through the hearings and talked to the relatives of the crew, reveals the disturbing story of the doomed ship's last hours
  • Torm seeks 'belief' in products market for IPO to fly
    Jacob Meldgaard believes the tanker market still requires more positive conditions to support a successful US listing.
  • Private cash and public scrutiny put damper on US shipping IPOs
    There is more to the drought of shipping launches in the US than the poor performance of existing players amid turbulent markets. Other industries are avoiding the public route too
  • Euronav says $150m bond provides the 'right balance'
    Oversubscribed bond issue adds another pin to funding map with 'no pressure' to deploy the capital, says chief financial officer.
  • Credit Suisse loosens grip on Foresight tanker in US
  • Unibros emerges as buyer behind MR2 shopping spree
    Greek owner has purchased its first vessels since 2014 with triple buy as part of fleet renewal project
  • UK's Union Maritime to buy another MR tanker
  • Frontline and DHT governance spat in spotlight
  • European consolidation may need Far East help
    Ship finance lawyer believes Far East help needed to mid-size companies to a scale that will allow them to survive
  • 'Invest in disrupters not ships' - Seba
    Guru of disruption Tony Seba tells owners to 'put your money into companies like Google or Amazon' not more vessels
  • Shipping eyes co-ordinated cyber security to avoid tears
    IACS is making progress developing a set of maritime cyber crime standards
  • Japanese owners offer aid for Southeast Asian scrapyards
    Japanese Shipowners' Association provides support for JBU facility in Alang, India, with more aid to come - but one environmentalist group slams the country for its use of sites where workers are exposed to risks
  • Cosco scans globe for ship-finance partners
    Cosco Shipping raised eyebrows in Chinese shipfinance circles this week when it tapped a Norwegian financier to lead a major new shipping investment project and scout foreign partners.
  • Thoresen in mood for dry bulk buys
  • Rare LR3 tanker fixed by Aramco
  • VLCC sales may be turning point for big tanker market
    Buyers seek first-mover advantage in anticipation of higher prices later this year
  • Greeks and Cypriots reveal dry bulk purchases
    FCN Management, AM Nomikos and Cyprus Sea Lines snap up one bulker each in deals just made public
  • New online platform targets more S&P transparency
    VT Group's Hugo Sassen creates Shipboot and provides cyber room where brokers and owners can check tonnage availability.
  • Suezmax sales breathe new life into market
  • Nisshin sells kamsarmax bulker pair to CarVal
  • Goulandris' Hydroussa snaps up kamsarmax
  • Barska Plovidba chases replacement for scrap-bound ropax
  • Shipmanager revenues in Cyprus on way to recovery
  • Odfjell cancels LPG carriers after Nantong delays
  • Strong vegetable oil growth bodes well for small tankers
    A healthy rise in import levels after a sluggish period is expected to ease the oversupply faced by operators
  • Sinoceanic set to buy more secondhand containerships
  • Marenave lines up disposal of sole car carrier
  • J Lauritzen unveils strategy review after refinance boost
    Chief executive Mads Peter Zacho says process will see Danish owner decide where it should allocate its available resources
  • GulfMark and Tidewater chiefs to exit bankruptcy with equity
    Dilution blow for shareholders as US offshore vessel owners strike Chapter 11 deals with management incentives
  • Former Overseas Shipholding chief leaves with $3.2m severance package
  • China lessors narrow gap with banks
    Intense competition is bringing down the price of Chinese lease financing and increasing its efficiency, but not everybody is happy about the changing dynamic
  • Zero emissions electric future for elderly ferry
    Getting Turku's century-old commuter ferry fit for the 21st century meant a bespoke year-long design upgrade
  • Maersk Line expects $1bn boost from higher contractual rates
  • Positive port dynamics to give strength to Russian economy

American Shipperweb site
MAY 18, 2017
  • Executive Moves: YRC and Baltic Exchange
    Source: Pressmaster/Shutterstock YRC Worldwide Inc. names chief financial officer, and the Baltic Exchange appoints chief commercial officer...
  • Canada's proposed Transportation Modernization Act
    The Canadian government unveiled its proposed Transportation Modernization Act, Bill C-49 , on Tuesday, sponsored by Minister of Transport ...
  • Injunction to block sale of Rickmers ships to Navios withdrawn
    A noteholder who was seeking to halt the sale of the fleet of Rickmers Maritime to Navios Maritime Partners has ended that effort, Rickmers...
  • Trump kicks off NAFTA renegotiation process
    The Trump administration sent a letter to Congress on Thursday signaling its intent to renegotiate the North American Free Trade Agreement ...
  • Cargojet profits down 40% in Q1
    Canadian cargo airline Cargojet posted first quarter 2017 net earnings of $2.6 million Canadian (U.S. $1.91 million), down almost 40 percen...
  • Yang Ming charters two new 14,000-TEU ships
    Yang Ming will charter two new 14,000-TEU containerships named at a ceremony at CSBC Kaohsiung Shipyard on May 18, the company said in a st...
  • McAleenan: Trade industry has CBP's ear
    Acting Customs and Border Protection Commissioner Kevin McAleenan, speaking Wednesday at the U.S. Chamber of Commerce's fifth annual Global...
  • Honeywell launches new shipment monitoring solution
    Industrial conglomerate Honeywell has launched a new shipment monitoring solution for high-value and perishable goods today, called Connect...
  • EU agri-food exports hit 5-year high in March
    The European Union saw agri-food export values in March 2017 jump 11.3 percent compared with the same 2016 period, according to recent data...

The Bunker Bulletinweb site
MAY 18, 2017
  • Prompt low sulfur gasoil futures spread at parity amid NWE diesel demand
    The prompt spread has moved sharply upward over the last few weeks
  • ARA diesel, gasoil inventories down on narrow contango: PJK
    Total stocks for all oil products in the region were down 3.3% at 6.043 million mt.
  • External: Wired Bunkering
  • Saudi government can live with $40/b oil price by 2020: finance minister
    "We would not really care much whether the price was $40/b, $45/b, $50/b, or $55/b at that time [by 2020]", Saudi finance minister Mohammed al-Jadaan said in a CNN interview.
  • Port of Rotterdam plans new bunker demand data system
    The port will seek to provide a breakdown in its future data of fuel oil demand by sulfur content and viscosity, Backers said.
  • FUTURES: Oil flat amid lack of fresh cues
  • TANKERS: Elektrans Group to expand global footprint, forge alliances
    Plans roadshow to showcase LNG bunkering for India's inland waterways
  • INTERVIEW: IMO's Hughes talks sulfur cap, quashes talk of a delay
    IMO to request ISO consider 0.50% fuel specifications
  • TANKERS: WAF VLCC rates soft due to weak China buying, slow Persian Gulf market
    The lower Chinese demand has placed downward pressure on Angolan differentials and made these barrels more attractive to European refiners.

›››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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