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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:57 GMT+1
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BRIEFS
March 23, 2017
Sched Netweb site
  • US antitrust regulators raid Box Club meeting in San Francisco
  • CMA CGM to increase rates east-west, north-south worldwide in April
  • US declares it is not bound by World Trade Organisation rulings
  • China's SITC pays US$13 million for two 2,474-TEU containerships
  • APL to launch new CS5 to boost intra-Asia service network
  • Port of Oakland February box volumes fall 7pc to 174,906 TEU
  • US east coast ports feel benefit of expanded Panama Canal: ACP
  • DHL ships hobbyist drones for Shenzhen Youkeshu Technologies
  • CP okays United Steelworkers tentative contract terms on intermodal staff
  • Supply chain graduate programme to be offered by MIT
  • St Lawrence Seaway looks back on 3.4pc decline in 2016 as locks reopen
  • Additional rail service between Antwerp and German hinterland
  • Marine navigation accident seminar in Singapore tomorrow March 24
  • AirBridgeCargo saw a 47 per cent increase in charter flights in 2016
  • Heathrow air cargo facility to be equipped with Siemens' advanced handling

Exim Indiaweb site
MARCH 22, 2017
  • APL extends cargo assurance for protection against cargo-in-transit risks
  • HMM signs strategic cooperation agreement with 2M Alliance
  • IWAI raises INR 340 cr. through infrastructure bonds
  • Key honours conferred at Narottam Morarjee Institute of Shipping's 38th Convocation
  • MOL announces name change of wholly-owned subsidiary in Europe
  • Shipping confidence holds steady despite industry & political pressures
  • Toshiba JSW Power Systems moves critical ODC package as coastal cargo through Kamarajar Port
  • TT Club to collaborate in major supply chain safety campaign
  • New RoRo terminal in Assam seen boosting cargo & passenger transportation in North-East
  • Adani Enterprises acquires Adani Infrastructure Pvt. Ltd
  • You ask.. We answer...

International Transport Journalweb site
  • E-commerce giant landing in Malaysia
  • Laurels for US shortline railroad
  • More funds for digital freight contract platform
  • Airmed acquires Air Medical
  • Container storage in Middlesbrough on a roll
  • Ceva extends consent time
  • More competitive in eastbound traffic
  • Fedex to link TNT hub Liège
  • Power of attorney for Sommerfeldt and Ackermann
  • Reinforcements for "Orange giant" in Germany
  • Contract renewal marks 40 year partnership
  • Marshall Islands Registry almost top of the ladder
  • IEA hires new head of business development
  • VD Gulf makes debut in India's market
  • Intermodal transport remains strong
  • Name change for MOL's European subsidiary

IHS Maritimeweb site
MARCH 22, 2017
  • CMPort wins Sri Lanka's Hambantota port contract
  • China's Fuzhou and Malaysia's Malacca ports sign co-operation agreement
  • Banks could pursue Triyards for Ezra debt
  • Funding changes set to change the tanker landscape, says Euronav's Rodgers
  • Moore Stephens flags going-concern uncertainties with FSL Trust
  • Three seafarers missing after tanker explodes in Yellow Sea
  • Scrap prices up as fewer ships head for demolition
  • London P&I advises members to check Vietnam sand export permits

The Loadstarweb site
MARCH 22, 2017
  • Investors get nervous as DoJ subpoenas CEOs of major carriers at the Box Club
  • Banker queries delay completion of Hapag-Lloyd-UASC merger
  • Kerry Logistics sells stake in Asia Airfreight Terminal to build M&A war chest
  • FedEx still paying the price for its acquisition of 'under-invested' TNT
  • Brazil hit by massive contaminated meat scandal
  • Hi-tech: the future of consumer electronics supply chains

Marine Logweb site
MARCH 22, 2017
  • VIDEO: First CityWide Ferry boat heads for NYC
  • Central Gulf sale attracts $274.8 million in high bids
  • Liberian Registry passes 150 million gt mark
  • Ardent rights and refloats vessel grounded in Gota River
  • ABS to CMA delegates: Cyber risk won't go away
  • Damen to build fisheries research vessel for Germany
  • Construction underway on CityWide Ferry Brooklyn homeport
  • Schottel to supply Rudderpropellers for Rotortug sextet
  • Shipping confidence "holding steady"
  • Fine, probation in Alaska pollution case

Lloyd's Listweb site
MARCH 22, 2017
  • US cracks down on ballast water management extensions
    CMA 2017: Stringent requirements for granting extensions puts programme under question post 2018
  • Alliance contract arrangements behind Box Club raids
    Third-party statements more likely cause than price fixing concerns for subpoenas on liner executives
  • Maersk offers concessions over Hamburg Süd deal in bid for EU clearance
    European Commission extends approval deadline to April 10, as Maersk offers to withdraw from trades in which it would have a large market share
  • Diana Containerships lines up Kalani Investments securities deal
    Agreement with DryShips' capital-raiser could raise proceeds of up to $150m for boxship owner
  • Western Bulk raises $18m for general purposes
    Norway-based dry bulk operator is now well-positioned for future
  • Time charters gather pace as VLCC owners take cover
    The vagaries of the spot market have become more pronounced, says broker
  • Barbarians at the gate?
    Industry viewpoint: Digital disruption in breakbulk logistics is a force that needs to be managed
  • Shipping confidence cools
    Charterers, brokers and managers see potential trouble ahead
  • VLGC spot rates' 20% rise looks to be a spike
    Rally could be over before it has begun properly, experts warn
  • Tropical low forces Port of Dampier to clear vessels
    Port authority 'activates cyclone response procedures' across all ports
  • BG Freight launches Liverpool-Cork feeder service
    First direct link to start on Monday
  • Panamax rates slip as owners wait for grain exports
    Average time charter rate drops below $8,900 per day
  • Auditor highlights material uncertainty in FSL Trust's results
    The group and trust's current liabilities exceed current assets by a significant amount
  • New Djibouti feeder line to serve Africa trade
    Service will start with a 1,000 teu ship between Djibouti and Berbera
  • HSH Nordbank sets deadline for Rickmers Maritime
    Troubled trust has until April 15 to come up with an acceptable restructuring plan
  • Triyards reveals financial impact of Ezra bankruptcy filing
    Group liable for up to $38.5m the event of a default by Ezra
  • Inland Waterways Authority of India raises $52m from bond issue
    Proceeds from the sale will be used to finance the authority's infrastructure initiatives
  • Time is running out for dry bulk buy-in
    Investors still have time, but prices suggest the market bottom has passed
  • Shipping billionaires 2017: winners and losers
    Kuehne, Kuok, Fredriksen, Ofer and Arison all increase their wealth, while MSC's Aponte sees slight decline in fortune
  • Cyprus takes over New York
    A moment to celebrate before making its case as premier business destination
  • Maritime jobs at risk during Fourth Industrial Revolution
    CMA 2017: Seafarers, middlemen and even analysts could be among the casualties

The Journal of Commerceweb site
MARCH 22, 2017
  • Global container trade growth accelerates
  • Countries ban Brazilian meat imports after contamination
  • US judge allows Hanjin creditor to sell container interests
  • VIDEO: Alphliner's Tan sees capacity-demand balance in 2019
  • FedEx Freight LTL pricing up despite flat demand
  • EU delays Maersk-Hamburg Sud decision to weigh concessions
  • Thessaloniki port privatization moves forward
  • Shippers fear disruption from new alliance rollout
  • Rates soar on space-constrained Europe-Asia trade
  • Impact of Belt and Road big but hard to quantify
  • JNPT free trade zone draws US interest

TradeWindsweb site
MARCH 22, 2017
  • Pangaea aiming to ride market resurgence
    New York-listed bulker operator ekes out quarterly profit, reversing loss from last year.
  • Commodores ponder the price of safety
    Shipping's financial backers rarely consider service element in cold assessments of company performance.
  • Bernhard Schulte targets LNG growth
    Global shipmanager is aiming to manage more newbuildings coming down the line.
  • Anti-corruption effort in Argentina 'not over'
    Challenges not over in port where shipowners faced with cash demands from inspectors, MACN vice chairman says.
  • Fortunes favour shipping billionaires
    Latest Forbes list shows leading figures are generally better off than they were a year ago.
  • ABG Shipyard escapes delisting
    Bombay exchange says struggling shipyard regains compliance with rules.
  • USCG to 'push' ballast rule compliance
    US Coast Guard plans new effort to get owners to meet US ballast rules.
  • Diana Containerships raising up to $150m in securities sale
    Greek owner wins backing from Kalani Investments, which has previously pumped money into DryShips.
  • Western Bulk secures $18m cash boost
    Norwegian dry cargo specialist completes its second fundraising move in the past year.
  • DSME may chop yard workers' pay 20%
    Move to show willingness to share pain, after white-collar hit.
  • Westshore warns of OSV reactivation risk
    Broker says owners should not take too many ships out of layup too soon, despite healthier market.
  • Essar Shipping prepares for fleet renewal
    Board meeting to rubber-stamp policy of buying new and selling old.
  • James Fisher buys turbine repairer
    UK shipping group boosts windfarm operations with deal for Rotos 360.
  • MOL puts $900m on the shelf
    Japanese owner registers to sell bonds in a two-year window.
  • Former RS Platou investors net $42m for stock
    A 4.1% slice of Clarksons has been released to the market following end of lock-in period.
  • Havila Shipping sells out repair issue
    Restructuring continues for Norwegian owner as shares over-subscribed.

American Shipperweb site
MARCH 22, 2017
  • GPA commissions new STS crane
    The Georgia Ports Authority (GPA) commissioned the first of four new neo-Panamax ship-to-shore cranes at the Port of Savannah's Garden City...
  • Roland Umschlag launches Wilhelmshaven-Hamburg shuttle
    The Port of Hamburg has announced a new container shuttle that has launchedfrom Eurogate Container Terminal in Wilhelmshaven and the Euroko...
  • BG Freight to launch Cork-Liverpool loop
    BG Freight Line, a subsidiary of Peel Ports Group, will begin a new weekly container service on March 27 between Cork and Liverpool, Peel P...
  • DP World sets focus on expanded Panama Canal
    DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem met with Panama President Juan Carlos Varela to explore logistics and industrial p...
  • Multiple chassis lessors up rates amid higher costs
    Major North American chassis lessors TRAC Intermodal, Flexi-Van Leasing and Direct ChassisLink, Inc. (DCLI) have recently announced increas...
  • FedEx misses on Q3 FY2017 earnings despite higher revenues
    FedEx Corp. grew its net income 10.8 percent to $562 million for the third quarter of its fiscal year 2017, which ended Feb. 28, according ...
  • DSL to start new feeder service in April
    Djibouti Shipping Lines (DSL), a new ocean carrier based out of Africa, will launch a container shuttle service in April, according to mari...
  • North American freight market shows continued growth in February
    The North American freight market showed continued growth in February 2017, with volumes registering the third year-over-year increase in a...
  • ATA: Truck tonnage index steady in February
    Domestic truck tonnage was relatively stable in February 2017, slipping just 0.1 percent compared with the previous month, following a revi...

The Bunker Bulletinweb site
MARCH 22, 2017
  • Heating oil stocks on US East Coast drop after last week's snowstorm: EIA
    Stocks of high sulfur heating oil on the East Coast declined 2.9% to 6.05 million barrels
  • Citgo brought second-ever cargo of Ghanaian crude into US Gulf Coast: trade
    The cargo was a February 6-7 equity cargo by UK oil company Tullow.
  • US DATA: EIA says residual fuel oil stocks highest in five weeks
    The build was enough to offset draws on both the Atlantic and West coasts.
  • External: Praxis Energy Agents S.A
  • REFINERY NEWS: Moscow plant completes key stage of primary processing upgrade
  • External: Wired Bunkering
  • FUTURES: Crude nears 4-month lows after US crude stock build
  • TANKERS: US shale output won't trigger surge for crude tankers - ConocoPhillips official
    "You really don't see a significant area of ton-mile growth where the capital is flowing going forward," Scott said.

›››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%)
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
EDUCATION
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
MEETINGS
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
MOURNING
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
SHIPPING
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
PORTS
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
LOGISTICS
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
PORTS
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
SHIPYARDS
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
SHIPPING
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
PORTS
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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