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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:23 GMT+1
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BRIEFS
November 23, 2017
Sched Netweb site
  • OOCL takes delivery of fifth 21,413TEU boxship, the OOCL Scandinavia
  • Ocean carriers fared better financially in Q3 over 2016-Q3, except HMM
  • Maersk urges shipping industry to ramp up efforts to cut CO2 emissions
  • Port of Long Beach gets US$2.4m government pollution reduction grant
  • US agriculture exports reach US$140.5b in FY 2017
  • Brazil's Santos port badly hit by 4-week old customs strike
  • Dredging of Bangaldesh's Mongla port to ease congestion at Chittagong
  • Smugglers take sea route to bring gold into India
  • Boeing, boeing, gone! Jade Cargo's 2 B747Fs sold online to SF Express
  • E-commerce drives up air cargo demand, leading to tight space, higher rates
  • DHL Express to raise US rates by 4.9pc from January 2018

Exim Indiaweb site
NOVEMBER 22, 2017
  • All personnel rescued from Offshore Support Vessel that sank off Mumbai
  • Transliner Group makes its mark in providing varied, efficient & cost-effective logistics solutions across geographies
  • Antwerp Port Authority acquires NMP pipeline company
  • JNPT welcomes Port of Antwerp delegation
  • 'Logistics sector getting infrastructure status will drive the revolution of the segment in India'
  • London P&I Club cautions on excessive position-fixing intervals
  • CAI estimates cotton crop for 2017-18 crop year at 375 lakh bales
  • Bengal Chamber holds instructive conclave on changing scenario of Indian ports
  • DCCAA AGM elects new Managing Committee; PS Atree re-elected President for 2017-19
  • JBS Group moves to Logi-Sys Enterprise to back its business growth plans

International Transport Journalweb site
  • Bridge reconstruction to boost railfreight transport
  • Basel airport achieves Iata Ceiv Pharma certification
  • First intermodal TIR operation saves five days
  • Globelink Unimar nets forwarding award
  • Azerbaijan Caspian Shipping beyond home waters
  • Lessons from Rastatt
  • Money back after failure to deliver
  • Giant power plant on distribution centre rooftop
  • Reinforcement for AAL in Canada
  • Hapag-Lloyd banking on more reefers
  • Hactl sets three records in November
  • Militzer & Münch and Italmondo team up
  • Ceva combines COO responsibilities
  • Port of Oakland looks back on strong peak season
  • More trains on Chengdu-Tilburg-Rotterdam corridor
  • New heights for Emirates Skycargo

IHS Maritimeweb site
NOVEMBER 22, 2017
  • Tracking down subsea mineral benefits
  • How 2017 shaped up for dredging and port construction
  • Competition heats up in ballast water treatment system business
  • Fix position more often to avoid costly claims, warns London P&I
  • New jackup rig owner Borr Drilling upbeat on outlook
  • Hackers took 'full control' of container ship's navigation systems for 10 hours
  • MPC Container Ships launches USD200 million capital boost
  • Frontline reports Q3 loss as tonnage inflow offsets strong demand
  • Container ships scrapped as prices rebound in India

The Loadstarweb site
NOVEMBER 22, 2017
  • Schiphol struggles for slot shortage solution as cargo flies out and deadline looms
  • Korea's HMM and SM Line brave choppy water in Q3, but are making headway
  • A shortage of trained personnel will fuel UK's post-Brexit customs crisis'
  • Analysis: Waberer's looks an appealing takeover target for road rivals
  • Ethiopia in bid to fashion a new industrial future in garment exports
  • CEVA promotes Jérôme Lorrain as Helmut Kaspers moves on
  • Cargolux staff get €5,000 bonus after a good year for the carrier
  • Has Walmart finally figured out China?

Marine Logweb site
NOVEMBER 22, 2017
  • New U.S. sanctions target North Korean shipping
  • BAE Systems gets $8.8 million for amphibious ship work
  • Navy hospital ship returns from Puerto Rico
  • First dual-fuel ferry built in U.K. launched by FMEL

Lloyd's Listweb site
NOVEMBER 22, 2017
  • StealthGas's operating results improve as spot rates rise
    Greek owner of small-sized LPG tankers sells aged ships to shrink operating cost base
  • Investment guru Geck-Schlich to switch to ER Schiffahrt
    Claus-Peter Offen expresses regret at loss of star hire
  • LPG: Light at the end of tunnel
    Freight improvement on the cards as demand and supply rebalance
  • Sovcomflot's Nikitin appeal thrown out by UK court
    Update: Sovcomflot to seek permission to appeal the appeal
  • Daily Briefing
    LNG: Sweet mix of supply-demand fundamentals
  • Damco's first China-Europe block train arrives in France
    Maersk subsidiary to expand service following successful launch for Decathlon
  • MPC Container Ships looks to raise up to $200m from private share placement
    Company to use net proceeds for further vessel acquisitions and general corporate purposes
  • Frontline reports $24m third quarter loss as weaker rates bite
    Tanker company blames weak rates on significant fleet growth, and loss on Front Ardenne charter termination
  • US unveils more sanctions against North Korea
    Measures target Chinese firms and individuals as well as North Korean shipping and trading firms and ships
  • European shipbuilders need concerted approach to fend off competition
    European yards building higher-end vessels to face more pressure as Asian competitors try to muscle in, says European Commission report
  • China's winter LNG demand to support spot rates for gas carriers
    Gas demand could rise by 23bn cu m this year compared with previous winters, Wood Mackenzie estimates
  • Crude tanker rates could fall amid slowing oil demand and China stocking activity
    Drewry's view comes even as crude tanker capacity growth is likely to be lower in 2018
  • KDB to issue refund guarantees for STX Offshore's latest orders
    Policy bank's move comes amid protests from local politicians and civil groups urging KDB to issue guarantees
  • Sungdong Shipbuilding union calls on Seoul to help small and medium-sized yards
    Move comes amid reports that creditors said it would be more profitable to close SSME
  • Dryships losses widen in third quarter
    Result comes amid higher depreciation, vessel operating expenses, voyage expenses, interest and finance costs and loss on private placement

The Journal of Commerceweb site
NOVEMBER 22, 2017
  • Thanksgiving marks escalation of LA-LB trucker fees
  • Smooth sailing for NY-NJ's first 14,000-TEU service call
  • Brexit casts shadow over booming European air cargo
  • Novorossiysk expands in effort to become Black Sea hub
  • Maersk shifting calls to lift APM Terminals Pipavav volume

TradeWindsweb site
NOVEMBER 22, 2017
  • Q Investments emerges with GulfMark stake
    Private investment fund acquired stake through debt-for-equity swap and through backstop agreement.
  • Nordea offers AT1 debt at 'lowest coupon ever'
    The Stockholm-based bank's additional tier 1 bond was oversubscribed by seven times.
  • Ridgebury Tankers buys Euronav VLCC
    Company to make debut in Tankers International pool with latest purchase
  • Atlantic gives upside to capesize rates
    Tighter dry bulk supply in the Atlantic and better coal demand stoking capesizes.
  • StealthGas meets consensus amid higher revenue
    Athens-based LPG carrier owner hopes to further improve performance in 'promising' market.
  • Macleod trumpets consolidation and sees 2018 tipping point for tanker crude market
    Frontline Management chief bangs M&A drum as he looks for demolition to drive recovery.
  • Viking Supply delays third quarter report
    Sveaas-backed owner still in talks with banks on restructuring.
  • De Beers orders biggest mining ship for $142m
    Diamond company returns to Kleven Verft in Norway for new vessel.
  • Daus-Petersen ousted at Marenave
    Ernst Russ-dominated board promotes commercial manager Bernd Raddatz to oversee rebuilding of the fleet.
  • Leif Hoegh buys more of Hoegh LNG
    Family holding company spends $2m on edging up shareholding.
  • Hapag ship skips call after double delay
    Balao hit by engine trouble and strike action in Australia.
  • Nordic Shipholding lowers estimates for full-year
    Move comes at a time when the owner is looking at higher spot exposure.
  • Ship Finance dividend maintained despite Seadrill filing
    Fredriksen company keeps payout in line as it it posts profitable third quarter.
  • Owners warned over position-fixing intervals
    London P&I Club says groundings caused by lax navigation practices.
  • Milaha launches Sri Lanka feeder run
    Qatar owner linking Colombo to Chittagong in Bangladesh.
  • US slaps sanctions on 20 N Korean ships
    Six owners' tankers, cargoships accused of illegal ship-to-ship transfers.
  • Newcomer ZTT orders heavy-lift ship
    Cable systems group picks CMHI for first vessel order.
  • Aspo refinances $23.5m of debt
    Owner of bulker company ESL taps Nordea for fresh facility.
  • Frontline third quarter loss deeper than forecast by analysts
    Tanker owner slips below consensus expectations and spells out profit on DHT selldown.
  • MPC Container Ships tries for another $200m share sale
    Expanding Oslo-listed owner close to buying "significant number" of feederships.
  • Loss grows at Borr Drilling
    Troim-backed owner targets further buys as Nigeria project delayed.
  • Crew rescued after SCI anchor-handler sinks
    Managing director says engine-room leak possible cause of loss of modern vessel off Mumbai.
  • BW Offshore extends FPSO deal
    Oslo-listed owner keeps Umuroa in New Zealand for another year.
  • BNP Paribas lowers risk costs to $784m
    French bank says figure was at low level of 0.36% of loans in third quarter.
  • Pacific Radiance to meet bondholders
    Singapore offshore vessel operator set to update investors on restructuring efforts.
  • Drewry: Teekay Tankers set for more asset disposals
    Tanker giant's cash-in-hand and operational cash inflow "insufficient to meet obligations".
  • LR2 gasoil trade in Far East may wind down
    Asian energy trader linked to series of clean tanker fixtures may now face where to actually discharge cargoes.
  • Ezion Holdings bond overhaul wins praise
    Restructuring effort described as "best practice worth following" by investor association.
  • Pan Ocean targets Southeast Asian grain trades
    Restructured South Korean shipowner looks to expand footprint beyond domestic market.

American Shipperweb site
NOVEMBER 22, 2017
  • Eimskip Q3 earnings sink amid higher revenues
    Icelandic shipping company Eimskip reported net earnings of 8.8 million euros (U.S. $10.4 million) for the third quarter of 2017, falling 6...
  • Milaha lunches feeder service between Sri Lanka, Bangladesh
    Qatar-based maritime transport and logistics conglomerate Milaha is launching a direct feeder service between Sri Lanka and Bangladesh, the...
  • CMA CGM: Four ships currently under construction will be French-flagged
    French container carrier CMA CGM said Nov. 21 that it's future flagship, a 20,600-TEU container vessel, will be named CMA CGM Antoine de Sa...
  • Port of Vancouver USA approves $68.5m 2018 budget
    The Port of Vancouver USA's board of commissioners has unanimously approved a $68.5 million 2018 budget for the port, $16.7 million lower t...
  • Intermodal rates inch up in October
    North American intermodal rates in October inched up 1.9 percent from 12 months prior, according to the latest Cass Intermodal Price Index,...
  • ATA: Truck tonnage ticks up 3.3% in October
    Domestic truck tonnage in October ticked up 3.3 percent from the previous month, following a 1.9 percent monthly decline in September, acco...
  • Antwerp Port Authority acquires pipeline operator in $51.7m deal
    The Antwerp Port Authority will acquire pipeline operator Nationale Maatschappij der Pijpleidingen (NMP) from its current shareholders, Ack...
  • NRF: Organized retail crime continues to grow
    Organized retail crime is on the rise, according to the NRF. Organized retail crime (ORC) continues to be a growing problem, according to a...
  • Round 5 of NAFTA talks ends in stalemate
    When it was announced last week that trade ministers from United States, Canada, and Mexico were staying away from the latest round of Nort...

The Bunker Bulletinweb site
NOVEMBER 22, 2017
  • Fuel oil stocks fall less than 1% following largest 2017 weekly build
    US fuel oil stocks fell less than 1% for the week that ended November 17 as inventories grew on the West Coast, in the Midwest and in New England, Energy Information Administration data showed Wednesday.
  • Draw in Cushing stocks helps narrow ICE Brent/WTI spread
    Prompt NYMEX crude rose $1.19 to $58.02/b Wednesday, the highest level since July 2015, and further narrowed its discount to ICE Brent after Energy Information Administration data showed a decline in stocks at Cushing, Oklahoma.
  • Russia, Saudi leaders stress 'importance' of coordinating energy markets
    While Russia's energy ministry has not yet made public its position towards the much discussed extension of the OPEC/non-OPEC production cut agreement, the heads of the two countries leading the deal, Russia and Saudi Arabia, have underlined the significance of continuing joint effort in the energy markets.
  • Libya looks for finances to rebuild Es Sider terminal infrastructure
    Libya's Waha Oil Co. is looking for new ways to finance projects at the Es Sider export terminal at the country's largest oil port, including replacing corroded pipelines and crude oil storage tanks, company officials were reported said Tuesday.
  • FUJAIRAH DATA: Oil product stocks rise despite new low for middle distillates
    Total refined product stocks at the UAE port of Fujairah stood at 15.864 million barrels in the week to November 22, up 5.1% from the previous week, despite a major drop in middle distillates, according to data from the Fujairah Energy Data Committee (FEDCom).
  • Cash to paper 3.5% FOB Rotterdam barge structure softens on seasonal destocking
    The 3.5% FOB Rotterdam barge physical to paper print has softened to the lowest level since the end of August as the end-of-year destocking season approached.
  • Petronas LNG signs up with Malaysian ports for vessel services
    Gas producer Petronas LNG has signed up with the Malaysian ports of Bintulu and Labuan for additional services for its liquefied natural gas carriers that will help facilitate vessel movements and gas trading in the region.
  • External: Wired Bunkering
  • External: Global Risk Management
  • Shipping must be economically viable to fast track environmental goals: ICS
    The shipping industry can become environmentally sustainable only if it is economically sustainable too.
  • FUTURES: Crude rises on US inventory decline
  • LNG spot charter rates hit 2-year high on low spot vessel supply
    This is supported by a wide spread between Pacific and Atlantic LNG prices.

›››File
FROM THE HOME PAGE
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
Signed the final agreement on the contract of port workers
Rome
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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