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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:01 GMT+1
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BRIEFS
July 19, 2017
Sched Netweb site
  • FedEx's TNT uninsured for costly damage in data destroying cyber attack
  • Los Angeles box volume up 8.4pc to 9.2 million TEU in fiscal year
  • Singapore explores use of space-based air traffic control
  • China-US trade talks makes progress, but in feet not yards
  • CMA CGM, Seatrade to offer 21-port Europe-South Seas reefer loop
  • Kuehne + Nagel profit flat at US$370.8 million, but revenue rises 9.2pc
  • Hapag hikes rate US$200/TEU from S America to C and, N America Aug 15
  • FMC fines NVOCs US$925,000 for charging more than published tariffs
  • Amazon gains green light to sell groceries in India
  • Panama Canal bent of reducing shipping's role in global warming
  • CMA CGM levies US$120/TEU 'additional' fee to/from Seychelles
  • Dnata Singapore opens maintenance facility at Changi Airport
  • Air Transport Research Society honours most efficient airports

Exim Indiaweb site
JULY 18, 2017
  • APL records highest carbon dioxide emission reduction of 48 pc in 2016
  • BIMCO & Shipdex join forces to push digitalisation of data
  • Coastal shipping in Tamil Nadu gets a boost
  • Cochin Shipyard plans IPO for infrastructure projects
  • India & Bangladesh working on enhancing waterways connectivity
  • Maritime piracy down in first half of 2017
  • MOL & consortium partners to join used car export business model demonstration
  • Sagarmala has an ambitious implementation programme
  • Kakinada Container Terminal achieves record throughput on vessel
  • Mumbai Port Trust's transparency plan successfully implemented
  • P&O Ports wins Sète port contract in France
  • Salient features of Major Port Authorities Bill highlighted
  • Cathay Pacific & Cathay Dragon carry more cargo in June
  • Logistics becoming new engine of growth, says Railway Minister
  • DHL Express expands presence in key industrial hub of Bhiwadi
  • Key issues to be addressed at International Shipping Conference 2017

IHS Maritimeweb site
JULY 18, 2017
  • China's firm soybean demand to drive Supramax demand
  • Ship attacks in Asia at five-year low but oil theft piracy returns
  • More tankers up for demolition
  • London insurers to look to marine and transport post-Brexit
  • K+N boosts box freight volume
  • Vitol abandons Richards Bay terminal bid
  • Swissco sells five offshore vessels
  • Banks to scrutinise restructuring at DSME, Sungdong
  • HMM to strengthen ship management subsidiary
  • Just one Hanjin ship unsold

The Loadstarweb site
JULY 18, 2017
  • Tempers rise as Hamburg container port expansion is awarded to Chinese consortium
  • FedEx-TNT integration plans hit as cyber attack wreaks hi-tech havoc
  • Analysis: FedEx may have to compromise between growth and profitability
  • Strong first half for K+N as profits hold steady against rising costs
  • Lower rates and higher costs in Q2 drive profit decline for JB Hunt
  • Heathrow expansion decision delayed yet again
  • UK negotiators take note: this is how Brexit should be done
  • No Brexit fears as Robert Kukla launches drinks logistics operation in the UK

Marine Logweb site
JULY 18, 2017
  • APL records best ever fleet carbon reductions
  • Port of Los Angeles on track for record year for containers
  • Autonomous vessels: Not so remote
  • DryShips plans to "vigorously defend" class action allegations
  • Hoegh LNG and Nakilat sign MoU to explore FSRU opportunities
  • BAE tech will give Navy subs an asymmetric edge
  • Unified Command lifts sunken towing vessel
  • Majestic Fast Ferry takes delivery of 39 m high speed cat
  • Disney to build third LNG fueled cruise ship at Meyer Werft
  • R-R inks service agreement with Siem Offshore and Subsea 7

Lloyd's Listweb site
JULY 18, 2017
  • Russia slapped with $6.3m fine for arresting Greenpeace vessel
    Hague court finds Russia's action in violation of United Nations convention
  • Greece needs 'hard work' to fortify itself as maritime centre
    EY says that within 20 years European cities may disappear from the top tier of industry hubs
  • Oil refineries unprepared to provide low-sulphur fuels by 2020
    Recent study shows only 15% have strategy for incoming sulphur cap legislation
  • Supramax bulker earnings jump to 10-week high on Pacific strength
    Indonesian coal exports seen as main driver
  • UK ship register to increase fees
    UKSR to remain under government control as it seeks expanded fleet
  • Nigeria and Congo oil supply disruptions hit suezmax rates
    UK and Baltic aframax trades also weak on lower Russian oil exports
  • CMA CGM and Seatrade launch reefer vessel-sharing collaboration
    Co-operation will deploy 13 ships of 2,200 teu-2,500 teu between key global perishables markets
  • Congestion surcharges introduced at Rotterdam and Antwerp
    Lines implement new fees for barge and feeder services as terminals struggle under current demand conditions
  • Disney's new cruiseships will be LNG-powered
    Move underscores cruise industry's decided shift towards the cleaner fuel
  • Somalia releases detained MSC vessel as internet outage dispute is resolved
    Details of agreement over alleged cable severing are not known
  • Philippines crackdown on pirates gathers pace
    ReCAAP says piracy situation in the Sulu-Celebes Sea has improved this year
  • Tanjung Pelepas growth and potential listing to drive MMC earnings, says analyst
    Kenanga's Steven Chan is less optimistic about other listed Malaysian companies such as MISC and Westports
  • Daily Briefing

The Journal of Commerceweb site
JULY 18, 2017
  • NY-NJ's APMT facility near full strength after cyber attack
  • US exporters tapping new DDG markets hurts container volumes
  • US House committee takes aim at ELD mandate
  • Higher US freight demand bolsters XPO Logistics revenue
  • Antwerp says it needs more capacity for rising volume
  • Kuehne + Nagel ocean, air traffic jumps, but profit stalls
  • Kuehne + Nagel buys US, Kenya perishable forwarders
  • Chennai productivity program shows results
  • Asia-Russia spot rates expected to hold after doubling

TradeWindsweb site
JULY 18, 2017
  • Stifel cuts earnings estimates on dry bulk
    Equity researcher sees gradual recovery, but demand growth still not enough to absorb supply.
  • McCain launches bid to remove Jones Act's US-build rule
    US senator introduces 'Open America's Waters Act of 2017'.
  • Bahri teams up with Bollore for logistics
    Saudi Arabian shipowner aims to add land-based logistics and transport expertise in venture.
  • Petros Pappas books capesize bulker newbuildings in China
    Private company Oceanbulk believed to have chalked up additional ships at SWS.
  • SolstadFarstad in Australian mission
    Norwegian offshore vessel owner set to do business with Cooper Energy for the first time.
  • DryShips vows to fight class action lawsuit
    George Economou-led shipowner says case has no merit as swarm of law firms aim to get in on action.
  • Vladimir Lisin plots IPO for 250-ship fleet
    Russian tycoon wants to list holding company that controls VF Tanker, Volga Shipping and North-Western Shipping; IPOs for rail and logistics operations also planned.
  • DNB downgrades TIL ahead of Teekay Tankers merger
    Analysts argue premium has now gone after confirmation of combination this summer.
  • GC Rieber stretches OCV charter
    Norwegian owner secures work for Polar Onyx to the end of August.
  • Fredriksen lures Kalleklev to Seatankers
    Knutsen NYK Offshore Tankers finance chief is decamping to join up with the Fredriksen group.
  • Ex-DSME CEO's jail term cut by a year
    Seoul court reduces Ko Jae-ho's fraud sentence to nine years.
  • Brittany Ferries keeping Pelican
    French operator extends charter of Maritime Nantaise ro-ro for two years.
  • Nakilat and Hoegh LNG pen FSRU partnership
    Abdullah Al-Sulaiti sees huge stepping stone while Sveinung Stohle hints at newbuildings.
  • Norden adds to tanker fleet with MR charter
    Danish owner chalks up another vessel to its counter-cyclical tanker expansion project.
  • AHTS rates crash back in North Sea
    Spike proves short-lived as tonnage builds in Norwegian and UK ports.
  • SBM Offshore claws back $247m of Yme cash
    Dutch FPSO owner settles with majority of insurers over delayed North Sea project.
  • P&O Ferries freight volumes jump 14%
    Hubs at Zeebrugge and Europoort handled 42,000 units in first half.
  • Swissco Holdings asset sell-off continues
    Restructuring Singaporean company banks nearly $10m from the sale of five ships.
  • Fredriksen sells another slice of DHT Holdings stock
    Tycoon's stake in former takeover target has been reduced to less than half of its January peak.
  • Yara International sees profit plunge
    Norwegian LPGC and fertiliser group hit by lower commodity margins.
  • Asian piracy on the decline
    Attacks on vessels in Asian waters on course for lowest levels in a decade.
  • Guohang bins secret livestock carrier project
    Chinese bulker owner Fujian Guohang has resumed stock trading after an eight-month suspension pending an "important matter" -- with a surprising explanation.
  • Maersk Line boxship towed off US
    Laura Maersk suffered engine failure off Alaska after turbo-charger fault.
  • MOL trials used car exports from Japan
    Owner joins consortium looking to ship out ex-rental vehicles.
  • MSC reaches agreement over boxship internet outage
    MSC Alice allowed to leave Somalia following accident involving cable on 24 June.
  • Philly Shipyard profit cut back
    Costs rise for US shipbuilder as it pursues USCG contract with Fincantieri.

American Shipperweb site
JULY 18, 2017
  • USTR details Trump administration goals for NAFTA renegotiation
    United States Trade Representative Robert Lighthizer released a summary on Monday of the negotiating objectives for the renegotiation of th...
  • J.B. Hunt's earnings throttle back in Q2
    J.B. Hunt Transport Services, Inc. reported net earnings of $97.9 million for the second quarter of 2017, down 7 percent from the second qu...
  • SeaIntel: Mid-size niche carriers are deploying more capacity
    Mid-sized niche carriers have deployed 12.8 percent more capacity so far this year, according to the 321st edition of the SeaIntel Sunday S...
  • Amazon to establish first warehousing facility in Missouri
    E-commerce giant Amazon has signed a lease for two warehouse buildings in Missouri, the first in the state, according to local news source ...
  • K + N earnings rise 2.1% in Q2 2017
    Swiss-based Kuehne + Nagel Group's net earnings for the second quarter of 2017 totaled 191 million Swiss Francs (U.S. $200.5 million), a 2....
  • Sen. McCain introduces legislation to repeal Jones Act, again
    U.S. Sen. John McCain, R-Ariz., has introduced the Open America's Waters Act of 2017 - legislation that would repeal, or rather amend, the ...
  • Maersk containership nearly runs aground off Alaska
    The U.S. Coast Guard and Alaskan Department of Environmental Conservation (DEC) towed a disabled Maersk Line containership to safety over t...
  • New ONE CEO talks overcapacity, industry consolidation
    Jeremy Nixon, the new CEO of Ocean Network Express (ONE) , says the recently formed joint container shipping venture of Japanese carriers N...
  • Port of LA sets new annual record for container volumes
    The Port of Los Angeles closed its 12-month fiscal year by setting a new annual record for most container throughput for a Western Hemisphe...

The Bunker Bulletinweb site
JULY 18, 2017
  • Trump administration weighing sanctions on imports of Venezuelan oil
    Sanctions would impact US Gulf Coast refiners
  • TENDER DATA: Turkey's Tupras offers 30,000 mt HSFO for first decade August
    Price: Based on Platts FOB Mediterranean Italy 3.5% fuel oil assessment
  • LNG Pacific freight rate rises to parity with Atlantic levels
    One shipowner said a vessel is already on subjects in the $40,000s/day range to load around the end of July from the Pacific, although this is slot-specific.
  • FEATURE: USGC refined product flows into Mexico spike amid Salina Cruz issues
    Since the fire, USGC market sources have said that PMI, the trading arm of Pemex, has become a more active participant in the USGC refined product cash market.
  • European refiners consider options as jet fuel crack premium to ULSD narrows
    One Northwest European distillates trader said producers were only $1.50/mt away from switching to ULSD.
  • Durban bunker fuel hits 6-week high against Singapore
    One trader describer fuel oil availability in Durban as "a little tight."
  • External: Wired Bunkering
  • FUTURES: Crude edges higher on opportunistic buying

›››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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