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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:08 GMT+1
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BRIEFS
March 29, 2017
Sched Netweb site
  • CIMC profit plunges 73pc to US$78.5 million as sales slide 13pc
  • China Shipping Ports profit falls 43pc to US$247 million, sales up 1.1pc
  • Phase 2 of PSA-CMA CGM's 4 million TEU terminal in Singapore opens
  • OOCL expects alliance membership to deliver competitive advantage
  • South African students protest being schooled in shipping containers
  • Port of Charleston's volume up 11pc in February to a record 175,820 TEU
  • Houston earmarks US$500 million for new box terminal development
  • China-New Zealand free trade talks to be renewed to expand accords
  • Uncertainty over China rail subsidies deters European Silk Road investors
  • Russia's RZD Logistics' 2016 freight volumes rise 5pc to 56 million tonnes
  • PSA and SIT to develop knowledge in advanced port technologies
  • Schenker seeks US court to quash carriers' demand for client information
  • Walmart seeks last-mile work via start-up scheme called 'Store No 8'
  • Vizag Airport in talks with contractor to start on air cargo terminal

Exim Indiaweb site
MARCH 28, 2017
  • Expansion, modernisation & upgradation of infrastructural facilities in shipping industry an ongoing process, says Minister
  • APM Terminals Pipavav welcomes inaugural container train service from Rail Container Terminal, Vadodara
  • JNPT becomes first Major Port to install Radiological Detection Equipment at road & rail gates
  • JSW Jaigarh Port dedicated to the nation
  • Shippers can utilise services of desired CFS under DPD
  • Railways undertakes RoRo service trial runs
  • GST implementation seen expanding Indian economy by an additional 1 pc of GDP
  • JBS Academy launches 3 new courses to bridge skill demand, supply gaps in logistics sector

International Transport Journalweb site
  • A facility with a future
  • Animal waste for powering trucks in cities
  • Better services from USA to Caribbean
  • Massive CO2 reduction with Istria-Railer
  • First motorways of the sea conference in Trieste
  • Three weeks to first business run in Moscow
  • Importance of aviation for Rio highlighted before IBAS
  • E-commerce deliveries from Czechia
  • MD Florin quits GS1 Schweiz
  • CCS gives green light for JV
  • Rail-served terminal in twin ports starts operation
  • LH Cargo - cool centre expansion and media talks
  • New CEO for Greencarrier Freight Services
  • Access to the whole north
  • Continued cargo growth for Asian carriers
  • A veritable "Triumph" for MOL
  • Twice per week between Munich, Budapest and Istanbul

IHS Maritimeweb site
MARCH 28, 2017
  • Ocean Rig bankruptcy: another ball in Economou's juggling act
  • Strong gains for Panamax charter container ships
  • Golden Ocean to issue new shares after dry bulk order approval
  • CIMC profit plunges 73% in 2016
  • Signs that a container shortage may be on the cards
  • Indonesian crackdown delays coal loading
  • Dongbang Transport & Logistics to restructure amid downturn
  • Capacity of CMA CGM-PSA container terminal in Singapore to double
  • Second-hand bulker values appreciate as BDI improves
  • DSME to downsize portfolio, focus on LNG carriers

The Loadstarweb site
MARCH 28, 2017
  • UK apparel importers 'forgotten' by THE Alliance network planners
  • Virgin Atlantic Cargo expects price pressure on revenue to ease this year
  • Extra capacity will weaken transpacific carrier hands in contract talks
  • Artificial intelligence will transform trucking in a decade, says Otto exec
  • Uniqlo has designs on faster fashion and a larger footprint
  • Vietnam's cold chain sector booming as domestic demand soars
  • UK logistics filling more executive roles as supply of warehouse operatives slows

Marine Logweb site
MARCH 28, 2017
  • VIDEO: NASSCO christens, launches eighth ECO tanker
  • GAO reports on Abandoned and Distressed Vessels
  • Carnival reports strong first quarter
  • ABS meetings discuss sulfur cap and EU MRV regs
  • Caustic soda spill leads to costly deck damage
  • Tidewater: Business as usual as waiver expires
  • Economou's Ocean Rig files for bankruptcy
  • LNG bunkering is an idea whose time hasn't come (yet)
  • MARAD advisory warns of Yemen risks to U.S.-flag ships
  • Inmarsat and Blue Maritime Cluster talk digital disruption
  • Kobe Steel puts turbocharger waste heat to work

Lloyd's Listweb site
MARCH 28, 2017
  • Shifting sands - the future of trade flows in Asia
    Global commodity trade flows will be anchored by China and the rest of Asia, but new areas of demand, climate change, technology and geopolitics will go a long way in shaping trade flows of the future
  • J. Lauritzen's dry cargo head leaves
    Gas division head will temporarily take over role
  • Hansa Treuhand ordered to hand 30 boxships to other managers
    Banks likely to seek spin-off of non-shipping affiliates
  • Supramax bulkers buoyed by Pacific - for now
    Fresh enquiries from Indonesia and Australia
  • Genco appoints commercial director of minor bulk fleet
    Jesper Christensen joins from Clipper Group
  • The first rule of Box Club: you do not talk about Box Club
    Is now the time for this exclusive group to break cover?
  • Will the US lead the LNG pack? Ten energy thought leaders weigh in
    Will the US expected to become the third-largest LNG exporter in the next few years, we asked several thought leaders in the industry how likely they thought this was
  • Asia will struggle to create full LNG market hub, warns EIA
    Asian liquefied natural gas import terminals have limited pipeline interconnectivity
  • World's largest containership delivered to MOL
    The 20,170 teu MOL Triumph will be deployed in The Alliance's Asia to Europe trade
  • DHT likely to keep shedding older tonnage to stay attractive
    Tankers just bought by DHT from BW Group could find themselves put up for sale
  • Vale appoints new chief executive
    New chief comes from paper industry
  • London falls in insurance centre rankings on Brexit fears
    Uncertainty over exit damages city's position, influential survey finds
  • Baltic Exchange implements changes to dry bulk indices
    Changes to better reflect market shifts in the global fleet and cargo movements
  • Approval of DSME's rescue package may hinge on National Pension Service
    National pension fund has a 30% stake in DSME's corporate debt
  • Kongsberg launches digital platform
    Biggest challenge will be to convince clients that the platform works and adds greater value to operations
  • Cosco Shipping Ports profit hit by lacklustre performance in China
    Net profit fell 41.5% to $247m
  • CIMC results hit by weakness in maritime-related businesses
    Botched SinoPacific Offshore takeover also to blame
  • Port of Seattle offers 150 internships to tackle future labour shortfall
    Port authorities working with local firms and educational institutions to direct interest toward a maritime career

The Journal of Commerceweb site
MARCH 28, 2017
  • US exporters eye new CN ramp for truck savings
  • US regulators clear 2M pact with HMM
  • Bottom for multipurpose vessel rates spotted
  • Ferromex owner to buy FEC in first US rail acquisition
  • Yokohama port to reward green ships
  • Scotland's Greenock terminal eyes doubled traffic in five years
  • CMA CGM, PSA double capacity at Singapore terminal
  • South Brazilian terminal invests as it bucks recession
  • Adani Ports ratchets up efforts to grab JNPT cargo
  • New signs point to possible container shortage

TradeWindsweb site
MARCH 28, 2017
  • Top Ships taps Kalani for $10m promissory note
    New York-listed MR tanker owner adds short-term debt with note issuance.
  • Maersk elects Jim Snabe to chairman role
    World's largest liner operator picks relative newcomer with technology chops.
  • Tidewater's waiver on $2bn debt runs out
    New York-listed offshore vessel owner says negotiations still ongoing with its creditors.
  • Genco taps Christensen to head minor bulks
    Long-serving chartering manager at Clipper Bulk switches to New York-listed owner.
  • Carnival off to a good start in 2017
    Cruiseship giant reports bigger profit in the first quarter on the back of higher revenue.
  • OPDR launches new run to UK
    CMA CGM short-sea company begins new link from southern Spain.
  • Scorpio extends life on $51.7m debt due 2017
    New York-listed tanker owner issues longer maturity notes to refinance current notes.
  • Nine feared dead as cargoship sinks
    Two crew rescued after Vietnamese vessel goes down following collision.
  • Economou's Ocean Rig files for bankruptcy
    Liquidators are appointed to conduct the restructuring of Greek shipping magnate's drillship company.
  • China Shipping Energy profit jumps 67%
    World's biggest tanker owner misses forecast, but still ends year $279m in the black.
  • Rand eyes Lakes bulker upturn
    US owner says cost-cutting and growing demand should boost 2017 result.
  • Lauritzen Bulkers president departs
    Peter Borup will be replaced by Thomas Woidemann on an interim basis.
  • DSME rescue plan runs into opposition
    Bondholders and Korean pension fund believe terms of vital debt-swap favour state banks.
  • Three held in US cargoship drugs bust
    Police arrest Haitians and recover 47kg of cocaine after operation in Miami.
  • Baltic Exchange sets out indices changes
    London-based shipping exchange is making sure its data reflect the underlying market.
  • Five bidders move for Swissco assets
    Judicial managers continue to market Singapore owner's anchor-handler, floatel and rig fleet, with final offers due in April.
  • Tanker captain's body found off Trinidad
    Master had arrived on inter-island vessel at Kingstown last week.
  • GMS makes less but sees opportunities
    Adu Dhabi owner reports smaller profit in 2016; relies on modern fleet to boost result.
  • MOL gets its hands on biggest boxship
    Giant MOL Triumph to make debut run for THE Alliance next month.

American Shipperweb site
MARCH 28, 2017
  • NEWS FLASH: GMXT to buy FEC Railway
    Florida East Coast Railway Holdings Corp. (FEC) will be acquired by GMéxico Transportes S.A. de C.V. ("GMXT"), the transportation business ...
  • UPS adds six stations to China-Europe rail service
    Source: UPS The China-Europe rail service provides FCL and LCL transport in both directions between China and Europe. UPS has added six sta...
  • Tibbett Logistics to upgrade Bucharest Intermodal Rail Freight Terminal
    Romania-based transport and contract logistics company Tibbett Logistics will be enhancing the open-access Bucharest International Rail Fre...
  • EUROGATE Intermodal extends rail network into Eastern Europe
    EUROGATE Intermodal (EGIM) has expanded its rail network and bolstered Munich as a rail hub to and from Europe's southern ports, the Balkan...
  • Turvo raises $25m for 'collaborative logistics' platform
    Silicon Valley-Based Turvo has launched its new "collaborative logistics" platform, allowing shippers, brokers and carriers to work togethe...
  • Virgin Atlantic Cargo grows volumes 1.8 percent in 2016 despite 'challenging' market
    Virgin Atlantic Cargo saw airfreight volumes rise 1.8 percent in 2016 despite "challenging market environment," the company said in a state...
  • Special Coverage: Port of New Orleans' future growth
    Source: ED METZ / SHUTTERSTOCK.COM After tremendous growth and success over the last decade, the Port of New Orleans is looking to the futu...

The Bunker Bulletinweb site
MARCH 28, 2017
  • Fujairah bunker hub ready to face challenges of IMO 2020: conference
  • INTERVIEW: Glander International Bunkering targets 10%-15% growth in 2017
  • Oil complex rises after Libya invokes force majeure at terminal
  • Oil to recover above $60/b this year if output cuts hold: oil trading chiefs
    With Brent oil prices struggling to remain over $50/b in recent weeks, most market watchers expect OPEC to seek an extension of the current output cuts.
  • Norsepower's hybrid technology forms part of shipping's future: CEO
    The business case of our technology is better if the target ship runs with a more exotic fuel.
  • Incentive for scrubbers driven by $200/mt price differential: shipowners
    The bigger the spread between high sulfur fuel oil prices and compliant fuel prices, the better it is for us to invest in scrubbers: Torm
  • Quadrise International posts half-year loss
  • External: Wired Bunkering
  • FUTURES 2: Crude remains higher on Iraq comments ahead of US data
    Crude oil futures remained higher in mid-afternoon trade in Asia Tuesday.

›››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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