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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:37 GMT+1
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BRIEFS
July 20, 2017
Sched Netweb site
  • HK June rises 0.2pc to 1.66 million TEU, S'pore up 8.5pc to 2.82 million TEU
  • CMA CGM announces raft of rate Asia-Med/Black Sea rate hikes
  • MOL to levy US$150/TEU rate hike on cargo for southern Africa on August 1
  • Maersk signs Hamburg's ER Schiffahrt to run three 8,400-TEUers
  • Health cops probe tons of rotting pigs heads at Chongqing dump
  • 1,730-TEU MSC ship cuts Somali internet, kills net for 4 weeks
  • Turkish owner to run own ships to West Africa with Hapag-Lloyd, CMA CGM
  • China will ban imported recyclables - 55pc of US output is China bound
  • ICTSI's dry port in Laguna gains customs clearance for containers
  • DHL pilots 'Fetch Robotics' technology at Wartsila's Dutch warehouse
  • Riga H1 up 14pc to 208,100 TEU, but overall cargo falls 1.4pc
  • Hong Kong airport first half cargo up 11.3pc to 2.3 million tonnes
  • Cathay first half performance described as 'disappointing' by new CEO
  • Pakistani mango exporters say airlines levy high rates yet spoil fruit
  • Cambodian air cargo volumes increase 34pc in first half of 2017

Exim Indiaweb site
JULY 19, 2017
  • Bahri & Bolloré Logistics launch logistics joint venture
  • Bahri takes delivery of 39th VLCC
  • Banks lending much less to shipping sector
  • Mid-sized niche carriers inject capacity in H1 2017
  • MOL to harness big data to enhance engine plant preventive maintenance & reduce lifecycle costs
  • US Federal Maritime Commission penalises NVOCCs
  • Port of Antwerp's volume grows further
  • American giant Pitney Bowes partners with Armstrong for E-commerce automation business
  • GST to boost MSME competitiveness, says study

IHS Maritimeweb site
JULY 19, 2017
  • A question of distribution for Embraport
  • US and China relations shed light on Venezuela's energy crisis
  • Salvors prepare fuel removal on stricken Kea Trader
  • Hyundai HI chief defends Gunsan yard closure
  • China's hunger for soyabeans drives Supramax demand
  • Ship attacks in Asia at five-year low but oil theft set to rise
  • More tankers up for demolition

The Loadstarweb site
JULY 19, 2017
  • New CEO could push Zim towards a fourth IPO bid to raise new cash
  • Port of Antwerp forms action committee to tackle ongoing barge congestion
  • Cash-hungry niche carrier PIL pops up on the radar of acquisitive mega-carriers
  • Worries about intentions next door fail to dent Mexican export momentum
  • Google Glass version 2 proving a startling second act
  • Senator McCain introduces a new bill to repeal US Jones Act - again
  • United Cargo reports double-digit revenue growth in Q2

Marine Logweb site
JULY 19, 2017
  • Colonna's Shipyard wins $7.6 million Navy contract
  • Horizon Shipbuilding launches new tug for McAllister Towing
  • NNS gets $148.7 million for additional CVN 80 long-lead material
  • VIDEO: Gulfstream Shipbuilding launches Plum Island ferry
  • BWTS manufacturer Coldharbour retains LR for USCG Type Approval
  • American Club initiative encourages due diligence on counterparties
  • Wison gets BV approval in principle for 50 MW LNG power supply barge
  • Samsung Heavy discloses $242 million provisional order for two ships
  • HHI says its smart ship solution cuts costs, boosts safety

Lloyd's Listweb site
JULY 19, 2017
  • McCain has another stab at Jones Act repeal
    Bill would lift restrictions on coastal trade
  • Panamax bulkers earnings rise back above $10,000 per day
    Buoyant segment supported by increasing Brazilian corn exports
  • Maersk wins service contract filing exemption
    FMC approves line's request in wake of Petya attack
  • Looming US-Venezuela sanctions threaten tanker market turmoil
    White House rhetoric signals strong chance Trump will take action
  • New Swedish port moves closer with $69m quay wall contract
    Largest vessels in Baltic Sea will be able to call Stockholm Norvik from 2020
  • South Korea to inspect converted VLOCs
    South Korea's government follows China in checking 'structural stability' of ore vessels converted from very large crude carriers
  • Australian Senate committee slams Flag of Convenience dangers
    Foreign vessels could be subject to crew payment and condition inspections
  • Shanghai Stock Exchange demands more details on OOIL acquisition
    One key question is how CSH will maintain OOIL's listing status
  • HPH reports volumes up, revenues down
    Terminal operator warns of uncertain times amid consolidation and alliance changes
  • Rumour has it' death of LOF greatly exaggerated
    Lloyd's Open Form contract remains important to salvage operations, but is not in itself a reason for salvors to remain...
  • Japan's Inpex tows FPSO Ichthys Venturer to Australia
    The vessel is one of two mega structures that will be at the heart of the Ichthys LNG project that...
  • Avoiding dolphin led to fatal tug accident
    Change of direction led to girting and capsize of tug assisting CMA CGM vessel
  • BHP Billiton meets iron ore guidance while Rio Tinto cuts exports
    Miners experience mixed production outcomes amid high imports by China
  • Stifel slashes dry bulk earnings outlook
    Market recovery could be long and painful, warn analysts
  • Total's Congo oil terminal partly operational until repairs finish
    Force majeure is maintained as second loading buoy cannot accommodate all types of vessels
  • Cosco Shipping Energy Transportation issues profit warning
    First-half earnings are expected to fall by more than 50% First-half earnings are expected to fall by more than 50%First-half earnings...
  • DryShips targets new reverse stock split
    Diversified Greece-based owner will 'vigorously defend' itself against class action lawsuit

The Journal of Commerceweb site
JULY 19, 2017
  • Rail victory extends Teamsters' container supply chain reach
  • LA-LB ports move forward on major environmental plan
  • Congestion paralyzes Chittagong port
  • McCain tries again with Jones Act repeal bill
  • PIL seen as next takeover target after OOCL
  • Asia-Mediterranean trade outpacing forecasts

TradeWindsweb site
JULY 19, 2017
  • Tallink calls in Citi for strategic review
    Janek Stalmeister-led company looking to attract new investors as profit falls.
  • NBA executive dribbles way to Carnival board
    National Basketball Association's former chief strategic and financial officer takes director seat at cruise giant.
  • NITC signs up for bunker project with new rules in sight
    National Iranian Tanker Company has teamed up with the Research Center of Petroleum Industry on a new project to meet the demands of incoming emissions legislation. The tanker owner says the project aims at "improving and promoting the quality of bunker fuel and reducing pollutants". Siroos Kianersi, managing director of NITC, said: "Regarding the importance of the issue and the fact that not mu
  • JP Morgan trims 2017 outlook on dry bulk
    Capesize market may remain muted, but analyst has better outlook for 2018 and beyond.
  • Gener8 bags premium in reported sale
    But sources indicate sale of Gener8 Pericles to Indonesian buyers may have failed to go through.
  • Overseas investors showing increased interest in HHI
    Capital Group has increased its stake with higher international attention a possible recovery indicator.
  • Turbine recovered after cargoship lost load
    Spanish authorities find third blade from BBC Ontario.
  • AP Moller-Maersk sheds sell tag at Jyske Markets
    Higher rating comes amid improvements in the container shipping business.
  • Time to get contrarian on tankers, says Seaport Global
    Analyst Magnus Fyhr looks beyond the headwinds and finds some positives for investors.
  • CSET signals big profit drop imminent
    CoscoCS tanker arm expects first-half earnings to fall by as much as 57%.
  • Greek tanker refloats after Cannakale grounding
    Avin's Kriti Sea got stuck off Turkey en route for Batumi.
  • BSM takes on MOL boxship giant
    German group to manage latest Japanese ULC newbuilding.
  • Australia warns over flags of convenience
    Senate report suggests that vessels flying low-standard flags pose a threat to national security.
  • Antwerp pushes freight volumes up
    Key Belgian port boosted by oil and box cargo growth in first half.
  • UK highlights fatal risk of 'girting'
    Accident report reveals how two men died during towing of CMA CGM Simba.
  • Boskalis wins $69.1m contract in Sweden
    Dutch dredging specialist will construct the quay wall of Scandinavia's new port in Norvik.
  • Credit-Suisse sees five-year low in VLCC fixtures for July
    Analyst Greg Lewis expects further pressure on rates into August given high levels of OPEC compliance.
  • Samsung Heavy closing on $242m contract
    South Korean yard says latest newbuilding deal remains subject to owner approval.
  • MOL installing engine monitor on newbuilds
    ClassNK kit to analyse function of ships being built at MES.
  • Bonheur cuts second quarter loss
    Cruiseship profit grows, but Olsen company hit by offshore impairments.
  • Jinglu takes on tanker job
    A small products tanker brings together two neighbours along the Shandong peninsula
  • Fuel to be removed from grounded Kea Trader
    Salvor Ardent drawing up plan to take newbuild Lomar boxship safely off South Pacific reef.
  • Wan Hai buys Hanjin veterans
    Taiwan's Wan Hai Lines has picked up two Taiwanese-built veterans of the Hanjin fleet for "under $25m".

American Shipperweb site
JULY 19, 2017
  • GT Nexus partners with HSBC on supply chain funding
    Financial services firm HSBC has entered into a new supply chain finance partnership with GT Nexus, a provider of cloud-based business appl...
  • U.S. cotton exports jump 70%
    U.S. cotton exports for the 2016-2017 marketing year are running more than 70 percent ahead of levels seen the year prior, according to the...
  • Yusen opens logistics center in Myanmar
    Yusen Logistics has opened a logistics center in the Thilawa Special Economic Zone in Myanmar. The 68,000 square-foot facility features te...
  • Air cargo volumes on the rise at European airports
    European airports have seen cargo volumes increase for the most part in June. Heathrow Airport handled 142,349 metric tons of cargo in Jun...
  • 'Patent troll' Shipping and Transit LLC ordered to pay litigation fees
    Shipping and Transit LLC, a Florida-based company that has filed litigation in hundreds of cases over more than a decade where it claims to...
  • Chinese consortium to buy Singapore warehouse operator GLP
    A Chinese consortium led by Global Logistic Properties (GLP)Chief Executive Officer Ming Mei has reached an agreement to purchase the Singa...
  • Heathrow airport runway vote postponed to 2018
    The United Kingdom has once again pushed back a vote on whether to approve the construction of a third runway at Heathrow Airport, this tim...
  • House lawmaker introduces bill to delay ELD mandate
    U.S. Rep. Brian Babin, R-Texas, yesterday introduced H.R. 3282 , the ELD Extension Act of 2017, which would delay the implementation of the...
  • USDA: Global beef supply safe from 'mad cow' disease
    The U.S. Department of Agriculture said a recent case of bovine spongiform encephalopathy (BSE), also known as "mad cow" disease, detected ...

The Bunker Bulletinweb site
JULY 19, 2017
  • FACT BOX: Impacts of US sanctions on Venezuelan oil
    A senior administration official said these actions may be imposed before July 30 and that "all options are on the table."
  • US DATA: EIA says fuel oil stocks lowest since January 2015
    US Atlantic Coast fuel oil stockpiles fell 58,000 barrels week on week to 8.486 million barrels, while US Gulf Coast stocks fell 1.626 million barrels.
  • Availability of high sulfur bunker fuel rises at Piraeus
    Availability of fuel oil was constrained because of unspecified problems at the Hellenic Elefsis 100,000 b/d refinery, sources said.
  • TANKERS: GAC releases guidelines on approved BWMS for Californian ports
    Any USCG approved systems must be at least as effective as a mid-ocean ballast water exchange though and thus qualifies.
  • External: Wired Bunkering
  • FEATURE: LNG's uptake as bunker fuel to hinge on commercial interests
    A spread of $1-$6/MMBtu with a core $2-$4/MMBtu to MDO is likely required for promoting LNG's use as a marine fuel
  • ANALYSIS: Jilted by Ecuador, OPEC/non-OPEC bloc may see more defections from cuts
    - Other cash-strapped members could follow suit: analysts - Iraq has previously sought exemption from cuts - Monitoring committee may see pressure to boost deal
  • Trump administration certifies Iran compliance with nuclear deal
    Imposing the sanctions removed as part of the 2015 nuclear deal would likely have a major impact on global oil markets, analysts have said.
  • FUTURES: Crude steady on weaker dollar versus higher output

›››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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