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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:17 GMT+1
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BRIEFS
December 28, 2017
Sched Netweb site
  • CMA CGM announces January rate hikes from last Asia to Red Sea
  • OOCL launches new Far East Chennai Service to expand India network
  • CMA CGM to resume CIMEX 9 service from China to Iran's Bandar Abbas
  • Israeli hack attack controls ship as if bridge directed - but with permission
  • Korea Maritime Corp to start as HMM orders mega ships to match rivals
  • Statistics show China-North Korea trade up 15.9pc month to month
  • Quarterly cargo at big ports worldwide up 6.4pc to 1.52 billion tons
  • Chittagong to ease congestion with US$29 million Karnaphuli dredging
  • West African pirates kidnap 10-man crew off coast of Nigeria
  • New PSA terminal at Mumbai's Jawaharlal Nehru Port opens January 15
  • CSX names Jim Foote CEO on sudden death legendary Hunter Harrison
  • HNA's opaque ownership stops sale of New Zealand finance company
  • Moscow's Sheremetyevo Airport aims to be European cargo hub
  • Christmas crustaceans post record gain through Halifax Stanfield

Exim Indiaweb site
DECEMBER 27, 2017
  • Dutch shippers & entrepreneurs recognise "K" Line as shipping line of the year
  • Master Marine launches CTS mobile app
  • Mega ship delivery lined up in 2018
  • Merger of APL India Pvt. Ltd with CMA CGM Agencies India Pvt. Ltd
  • SCI adds Deendayal Port Trust, Kandla to its SMILE service
  • Refund/Claim of Countervailing Duty as Duty Drawback
  • Key decisions taken at DPT Board meet
  • MANSA ups ante at Mumbai Port to improve desired draught levels
  • Phase-I construction of BMCT at JNPT completed as per schedule
  • Govt focused on providing stimulus to boost exports
  • India's LPG imports to attain new high
  • Redressal sought for backlog of exporters' GST refunds
  • Transworld Group's P. Sethuraman honoured with Dr Kalam International Excellence Award in Dubai

IHS Maritimeweb site
DECEMBER 27, 2017
  • Outlook 2018: China lessors keep up the financial pace
  • Outlook 2018: US inventory key to LPG trade in year ahead
  • Outlook 2018: Understanding technology's siren song
  • Outlook 2018: Bulk sentiment stoked by ordering restraint
  • Keppel O&M fined USD422 million in global resolution of bribery probe
  • Samkang S&C to continue LNG venture with Kangnam, Gas Entec
  • Busan to exceed 20 million teu target for 2017
  • Sembmarine to offload North Atlantic Drilling rig for USD500 million
  • Hyundai HI's stock price falls after announcing USD1.2 billion rights issue
  • Vale ends transhipment as floating station sold for scrap

Marine Logweb site
DECEMBER 27, 2017
  • CMB's Hydroville is first LR classed hydrogen fueled vessel
  • PODCAST: Schoenrock Hydraulik eyes U.S. shipbuilding market
  • U.K. Coastguard assists listing Russian ship that lost cargo
  • ClassNK releases amendments to its steel ship Rules and Guidance
  • SEACOR buys four foreign-flag PSVs
  • NASSCO Norfolk wins Navy contract worth potential $98 million
  • Algoma Central buys four veteran lakers

Lloyd's Listweb site
DECEMBER 27, 2017
  • DryShips accesses credit commitments secured by seven vessels
    New bank facilities and alternative financing for listed companies
  • D'Amico announces sale and leaseback deal
    D'Amico unit signs a memorandum of agreement and bareboat charter contract for the sale and leaseback of the MT...
  • Overcapacity still looms over boxship sector, Alphaliner says
    Effective fleet growth is rising faster than demand, according to Alphaliner
  • Pinter set to take over top job at Lloyd Fonds
    Former KG house promises new products including transport fund
  • Equipment shortage fears overplayed, Drewry says
    New paint rules threaten supply if demand increases
  • China's cuts to port fees forecast to streamline operations
    Changes to pricing structure will lead to more transparent and market-determined port-related fees, says Shanghai International Shipping Institute
  • Hanjin-affiliated university's president removed after disciplinary hearing
    The university plans to hold another disciplinary committee meeting next month to decide on further penalties against Ms Choi
  • Eyes turn to Sembcorp Marine after Keppel's Petrobras settlement
    Industry observers keen to learn whether shipbuilder's yard in Brazil will face a similar fine
  • Hyundai Heavy Industries aims to raise $1.2bn in share offering
    HHI will offer 12.5m new shares at $96 apiece
  • Cosco Singapore secures loan facilities to fund Cogent acquisition
    Loan of $261m to be repaid once parent China Cosco Shipping ceases to have a controlling stake in the Singapore...
  • Navig8 sees 'business as usual' after Gener8 and Scorpio deals
    Group will retain significant presence in shipping as a pool and asset manager, says chairman Gary Brocklesby

The Journal of Commerceweb site
DECEMBER 27, 2017
  • 3PL outlook - rising revenue, customer demands
  • Citing congestion, carriers cut services to three China ports
  • US shippers' surface transport concern is capacity, not price
  • Busan's 20 million TEU threatens Hong Kong's global rank
  • Chassis sector eyes reforms to end fragmentation
  • India customs reforms seen easing Bangladesh congestion

TradeWindsweb site
DECEMBER 27, 2017
  • Pinter takes reins at Lloyd Fonds as new strategy unfolds
    CEO Torsen Reichert is stepping down over disagreement regarding company's future.
  • Kawasaki cancels Island Offshore order
    Japanese shipbuilder hit by $115m extraordinary loss after cancelling drill ship order
  • Diana Shipping panamax nets higher rate from Glencore
    Deal latest in a line of higher-paying contracts for New York-listed owner.
  • Vale in scrap sale of giant transhipment unit
    Mining company said to have collected close to $20m from demolition deal.
  • Cosco Shipping acquires loans to fund Cogent buy
    Shipowner enters into two loan facilities totaling $261.3m to pay for part of acquisition.
  • DryShips inks fresh loans as veteran bulker is sold
    George Economou-led company reveals new debt facilities and the exit of 16-year-old panamax.
  • Russian ship founders off Portsmouth
    Tugs on standby as Mekhanik Yartsev is in trouble off the English south coast
  • Angelopoulos retires from Bureau Veritas
    Sixth-seven-year-old has been instrumental in Bureau Veritas expansion
  • Boxship leaders consolidate power in active 2017
    Alphaliner says top 10 lines hold record share of the market with tighter grasp to come.
  • Regulations fuel Marinakis optimism and investment
    Shipowner says chunk of the world fleet will be scrapped due to new regulations.
  • Alder Investment snaps up shares in Tufton Oceanic Assets
    London-based investment firm has taken a holding in freshly floated asset play vehicle.
  • Northport chases PDZ Holdings over unpaid fees
    Malaysian port goes after compatriot, but shipowner says funds were owed by former liquidated subsidiary.
  • Trafigura trades first Middle East, India LNG futures contract
    Initial transaction comes less than a year after Singapore Exchange launched DKI Sling.
  • Hyundai Heavy Industries plans $1.2bn rights issue
    Shares plunge up to 28% as it becomes latest Korean shipbuilder to look to bolster balance sheet.
  • GoodBulk takes extra CarVal capesizes
    Deal leaves Oslo OTC quoted shipowner with 25 vessels at the end of an active 2017.

American Shipperweb site
DECEMBER 27, 2017
  • Trump enforces GSP as Dec. 31 expiration looms
    U.S. President Donald Trump has recently taken steps to enforce eligibility requirements for countries enrolled in a U.S. trade preference ...
  • CMA CGM to resume Asia-Iran CIMEX 9 service
    CMA CGM has resumed its CIMEX 9 service, which connects Asia with Iran, the French shipping company announced Dec. 26. The CIMEX 9 feature...
  • U.S.-Mexico trade holds strong despite transport challenges, NAFTA uncertainty
    Trade between the United States and Mexico has been increasing over the last several years, but the market continues to face headwinds from...
  • ZIM modifying Greece-Turkey loop
    Israeli ocean carrier ZIM Integrated Shipping Services is modifying the rotation of its TGX service by adding a port call in Turkey and shi...
  • MOL develops augmented reality system as precursor to autonomous vessels
    Mitsui O.S.K. Lines, Ltd. (MOL) has sealed an agreement with Furuno Electric Co., Ltd. and MOL Techno-Trade, Ltd. to jointly develop a syst...
  • CSX taps acting CEO Foote to replace Harrison
    The board of directors of CSX Corp. has unanimously voted to name James M. Foote as the company's new president and chief executive officer...
  • Singapore shipyard to pay $422m in bribery case
    Singapore-based shipyard operator Keppel Offshore & Marine Ltd. (KOM) and its U.S. subsidiary, Keppel Offshore & Marine USA, have a...
  • Calif. DMV employee plead guilty to illegally selling CDLs
    An employee with the California Department of Motor Vehicles has pleaded guilty to being a co-conspirator in a scheme to illegally sell com...
  • FMC reviews 18 OTI license applications
    The U.S. Federal Maritime Commission (FMC) has received 18 ocean transportation intermediary (OTI) license applications and changes for rev...

The Bunker Bulletinweb site
DECEMBER 27, 2017
  • Arctic blast lifts NYMEX ULSD crack to around $26/b
    NYMEX February crude fell 33 cents Wednesday to $59.64/b. ICE February Brent settled 58 cents lower at $66.44/b.
  • US DATA: December West Coast-Mexico refined product vessel traffic spikes year on year
    This month's refined product vessel traffic going from the US West Coast to Mexico more than doubled from December 2016, S&P Global Platts trade-flow data showed Wednesday.
  • OUTLOOK 2018: Mexico, Venezuela outlooks key in 2018
    As the oil industry heads into 2018, Latin America is poised to take advantage of rising prices and ramp up in investment activity.
  • Russia's Gazprom Neft eyes long-term output growth on OPEC deal extension: CEO
    Gazprom Neft, Russia's fastest-growing crude producer by volume, will continue boosting liquids and hydrocarbons output in the long-run while viewing the OPEC/non-OPEC output freeze through 2018 as short-term that will not interfere with its strategic goals, CEO Alexander Dyukov said Wednesday.
  • Trump administration eyes Atlantic drilling, but hurdles remain
    From 1976 to 1983, the US government held 10 auctions offering oil and natural gas leasing rights off the East Coast.
  • External: Praxis Energy Agents S.A
  • External: Wired Bunkering
  • OUTLOOK 2018: Fujairah's bunker woes to spill over to 2018 on diplomacy, policy doubts
    Lack of clarity on some government policies raises questions on outlook for the region's shipping industry.

›››File
FROM THE HOME PAGE
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
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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