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24 January 2025 - Year XXIX
Independent journal on economy and transport policy
15:36 GMT+1
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BRIEFS
December 29, 2017
Sched Netweb site
  • Singapore shipyard to pay US$422 million fine to US for bribery in Brazil
  • Maersk tests blockchain system for insurance and customs compliance
  • MSC, CMA CGM to up capacity of twenty 14,000-TEUers to 17,000 TEU
  • Mega ship owners face 'tricky' charter market in the coming year
  • Rolls-Royce and MOL test technology to create autonomous ships
  • MPC Container Ships buys two 1,000 TEUers for US$16.1 million
  • APM Terminals goes ahead with expansion of Mobile port terminal
  • Much-delayed China-Thailand Railway project construction begins
  • Shippers want new deal on demurrage charges from FMC at US ports
  • Tax reform ignites America's economic engine, say American truckers
  • Owner bets US$1.1 billion that eco rules will scrap 25pc of world fleet
  • FedEx quarterly profit up 10.7pc to US$775 million as sales rise 9.4pc
  • European cargo picks up in November despite gloomy IATA forecast
  • Congo Airways seeks partnership RFP without saying what's involved

Exim Indiaweb site
DECEMBER 28, 2017
  • Govt initiates process for disinvestment in Dredging Corporation
  • Indo-Bangladesh coastal trade looking up
  • Montane Shipping recognised as Best Freight Forwarder by Institute of Supply Chain Management
  • Nitin Gadkari to flag off regular cargo transportation through NW 2 on River Brahmaputra today
  • Chittagong Port Authority to dredge river to ease cargo movement
  • Colombo port achieves throughput of 6 m TEUs in 2017
  • DPD seen as opportunity for the industry
  • Container transport on Mumbai's outskirts might be impacted due to ban on heavy vehicle movement during New Year weekend
  • Govt updates on progress of Chennai-Bengaluru Industrial Corridor

IHS Maritimeweb site
DECEMBER 28, 2017
  • COSCO signs contract of affeightment with PetroChina
  • Outlook 2018: LNG trades face uncertainty in 2018
  • Outlook 2018: High proceeds, low repute for US market
  • Outlook 2018: Crude tankers face global unknowns
  • Outlook 2018: Asian shipyards to embrace innovation in 2018
  • Outlook 2018: German banks to start writing new shipping loans
  • Island Offshore cancels vessel order at Kawasaki HI
  • China-backed fund set to acquire STX Corporation for USD65 million
  • DSME re-adjusts prices of MSC ships at Chinese lender's request
  • Chinese shipbuilders set to grab remaining Vale ships

Marine Logweb site
DECEMBER 28, 2017
  • Samsung Heavy on track to beat 2017 shipbuilding sales target
  • MOL and Furuno to develop Augmented Reality enhanced displays
  • Fort Schuyler ceremony marks launch of SUNY Maritime Foundation
  • Planning a scrubber retrofit? Here's what you need to know
  • Coast Guard, FDNY respond to NYC Ferry grounding

Lloyd's Listweb site
DECEMBER 28, 2017
  • Tufton $91m IPO is just the beginning, Hampson reveals
    In a rare interview, managing director says the proceeds are likely to be spent on smaller vessels during the first...
  • China-based fund linked to STX Corp
    Korea-based unit of the private equity investment firm beat four other bidders to the punch
  • China dismisses reports its ships are selling oil to North Korea
    Response comes after a Korean news report that China-flagged ships were spotted transferring oil to North Korean vessels in the...
  • Euroseas offloads feeder boxship for $4.6m
    Sale comes as the company takes delivery of a secondhand post panamax vessel
  • ICBC to build six VLOCs at Beihai Shipbuilding
    The deal comes after a contract of affreightment signed with Vale in April 2016
  • Korea Line boosts Chang Myung Shipping stake by 28%
    KLC now owns a combined 30.63% stake in the shipping firm
  • Owners may opt for scrubber retrofits to meet emissions rules
    Current industry conditions and expected higher cost and limited availability of low-sulphur marine fuels are the key reasons, says Wilhelmsen
  • In which we trust
    Hacking risks over vessel stability and structural stresses, along with concerns about external interference, are issues that will be with...
  • Bocomm Leasing marks milestone with $3bn of shipping investment in 2017
    Company plans to invest another $2.3bn in 2018

The Journal of Commerceweb site
DECEMBER 28, 2017
  • Rebuilt Everett dock to aid Boeing supply chain
  • E-commerce trend remains tailwind for air cargo
  • Shippers hope 2018 is Congress' infrastructure year
  • Technology gap emerging among 3PLs
  • Demand pushes US spot truck rates to new highs
  • New PSA terminal seen easing JNPT congestion
  • Analysis: The Tesla semi's major selling points

TradeWindsweb site
DECEMBER 28, 2017
  • Teekay files shelf for $200m securities sale
    Asset manager in marine midstream industry says new money could go toward debt repayment or acquisitions.
  • Lawrence Noto formally quits Affinity
    LNG broker is setting up his own company Abacus but will continue to team with former shop on projects
  • Austal to build ferry for SNC Aremiti
    Vessel will be Austal's fifth ferry to Groupe Degage, SNC Aremiti's French Polynesian parent, in 15 years.
  • CDB Financial Leasing inks newcastlemax newbuilding series
    Hong Kong-listed company says the new ships will be split between two yards.
  • Alpha Bulkers tied to Christmas asset sale
    Greek owner believed to have shed one of its older vessels over festive season.
  • Lomar shrugs off talk of coated tanker sale
    Executive dismisses suggestions vessel has been sold at an eye-catching price.
  • Vitol upsizes VLGC order at Hyundai Heavy Industries
    Trader tipped to have taken firm order to six with four options still in hand.
  • Takeover tussles, mystery tycoons and all-action newcomers: the most read shipping stories of 2017
    Fifty-one paper editions and our online news service have combined to produce an abundance of articles this year - but which were your favourites?
  • Pavimar confirms festive asset play
    Greek owner commits supramax for sale but dismisses reports it is also flipping a capesize vessel.
  • Pacific Carriers pounces on Sloman Neptun LPG carrier
    Singaporean firm said to have added a relatively modern gas carrier to its fleet.
  • MOL ships out oldest LR1 product tanker
    Brokers believe Japanese giant has cashed in a 2006-built vessel.
  • Samsung Heavy Industries closes 2017 with LNG order
    Deal worth $195m sees the shipyard well beyond its annual order target.
  • Euroseas offloads elderly feeder containership
    Aristides Pittas-led owner also completes Euromar acquisitions with delivery of Akinada Bridge.
  • ICBC heads to Qingdao Beihai for VLOCs
    Newbuildings placed on the back of long-term COAs from Brazil's Vale.
  • D'Amico nets $13.4m from MR sale and leaseback
    Italian offloads another vessel as it looks to meet funding needs of newbuilding effort.
  • Star Bulk Carriers paint job will just have to wait
    Greek-owned supramax either targeted by pirates, or hard-up painters and decorators.

American Shipperweb site
DECEMBER 28, 2017
  • Mexico's thriving auto industry spurring opportunities for 3PLs
    The Mexican automobile manufacturing industry has been thriving in recent years as automobile companies continue to set up shop in the nati...
  • TIACA chair warns against 'pig cycle' in 2018 outlook
    In a year-end message, the chairman of The International Air Cargo Association (TIACA) is warning against the practice of ordering newbuild...
  • Senate Dems 'demand' railroad accountability for PTC
    A group of 15 U.S. Democratic senators is "demanding" that U.S. Department of Transportation leadership hold the nation's railroads account...
  • Algoma buys four veteran dry bulk vessels
    Ontario, Canada-based marine transport services company Algoma Central Corp. has reached an agreement with American Steamship Co. to acquir...
  • OOCL to commence new Asia-ISC loop in January
    Hong Kong-based ocean carrier OOCL will in January debut a new service connecting China and Southeast Asia with India. The new Far East Ch...
  • UPS forecasts 1.4m package returns on National Returns Day
    National Returns Day, the date when UPS says it ships the most holiday season gifts back from recipients to retailers, is expected to peak ...
  • U.S. soybean shippers brace for new Chinese phytosanitary rule
    U.S. soybean shippers are preparing for new Chinese phytosanitary imports requirements which take effect Jan. 1. In September, the Chinese...
  • d'Amico Shipping to sell, lease back product tanker under $28m agreement
    Ireland's d'Amico Tankers, an operating subsidiary of Luxembourg-based marine transportation company d'Amico International Shipping, has si...
  • Yang Ming sets up Thailand subsidiary

    Taiwan-based ocean carrier Yang Ming Marine Transport Corp. has established a Thai subsidiary, Yang Ming Line (Thailand) Co. Ltd., which wi...

The Bunker Bulletinweb site
DECEMBER 28, 2017
  • Crude shows tepid response to another stock draw
    US crude stocks declined 4.609 million barrels to 431.882 million barrels the week ending December 22, EIA data showed.
  • Taiwan's CPC to discontinue supply of MF-30 from February 1
    Taiwan's state-owned refiner CPC Corporation said Thursday that the company would discontinue the supply of Marine Residual Fuel MF-30 from February 1, 2018.
  • Northern European MGO at multi-year highs on strong low sulfur gasoil futures
    Northern European marine gasoil reached multi-year highs Wednesday in response to a jump in low sulfur gasoil futures Tuesday.
  • India lowers FY 2017-18 oil products demand growth estimate to 4.5%
    Revision based on expectations of slower economic activities in January-March, the last quarter of the current fiscal year.

›››File
FROM THE HOME PAGE
Container traffic at the Port of Los Angeles grew by 19.3% last year
Los Angeles
In the fourth quarter alone the increase was +21.5%
HMM signs agreement with JNPA to collaborate on development of new Indian port at Vadhvan
Seoul
The port will have a container traffic capacity of 23.2 million TEUs
EU customs reform must make trade and business easier
Brussels
23 organizations underline this in a joint statement
Launch in Ancona of the luxury cruise ship Four Seasons I
Trieste
Fincantieri to deliver the unit to Four Seasons Yachts at the end of 2025
Launch event in Brussels of the European Maritime Skills Forum
Brussels
In 2024, the port of Tanger Med handled a record traffic of 10.2 million containers
Anjara
New peaks also in other business segments
South Korea's KSOE wins order to build 12 18,000 TEU containerships
Seoul
HD Hyundai Heavy Industries' turnover increased by +21.1% in 2024
Fire breaks out on the Rospo Mare B oil platform off the coast of Vasto
Rome
There were no injuries or traces of pollution in the sea
Galaxy Leader Sailors Freed
London
Today the 25 crew members left Yemen on board a plane
Contract with Russian company that managed Syrian port of Tartous terminated
Damascus
The agreement included investments of 500 million dollars
Brussels OKs DP World-Arcese Automotive Joint Venture
Brussels
Initially, the activity will be carried out in France and Poland
Royal Caribbean orders sixth Edge-class cruise ship at Chantiers de l'Atlantique
Miami/Saint Nazaire
It will be taken over in 2028
Louis E. Sola is the new chairman of the Federal Maritime Commission
In 2024, ship transits through the Suez Canal decreased by -50%
Ismailia
The total was about 13,200 units compared to over 26,400 in 2023
Uiltrasporti urges to restore measures to support rail freight transport
Rome
Definitive cancellation of the 65 million fund from the Budget Law
The Trump unknown also weighs on the Panama Canal
Washington
While the tycoon dreams of taking it over with weapons in hand, a bill proposes to start negotiations with the Panamanian government
FSG bankruptcy trustees announce interest from multiple investors in shipbuilding group
Rendsburg/Flensburg
These are German companies operating in the same sector
Port of Long Beach closes 2024 with new annual, half-year and quarterly container traffic records
Long Beach
Total freight traffic also reached a new historical peak during the year.
The Biden administration's latest move is to accuse China of seeking dominance in the maritime, logistics and shipbuilding sectors
Washington/Beijing
Harsh reaction from Beijing's Ministry of Commerce and the China Shipyards Association
The AdSP of the Central Tyrrhenian Sea confirms the commitments made towards its employees
Naples
The organization hopes "that a climate of relaxation can be restored"
Uniport, exemption from compulsory insurance for vehicles used in port terminals is a good thing
Rome
Hanoi government authorizes initial investment for new port planned by MSC and VMC
Hanoi
Vietnam Port Development Plan to 2030 Approved
Filt, Fit and Uilt announce a resumption of the strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
New protest action scheduled to start on February 3rd
Annual container traffic at PSA port terminals exceeds 100 million TEU for the first time
Singapore
Record in both Singapore and overseas terminals
Confitarma calls for the urgent reinstatement of the rule on simplified recruitment of seafarers
Rome
Sisto: Simplification has proven to be an important step forward for the sector
Sharp drop of -17.1% in freight traffic in the port of Taranto in 2024
Taranto
In the last quarter alone the decline was -3.0%
Container traffic in Hong Kong port decreased by -4.9% in 2024
Hong Kong
In the fourth quarter alone, 3.5 million TEUs were handled (-2.7%)
New NATO mission to strengthen protection of undersea infrastructure in the Baltic Sea
Mons
The use of a small fleet of naval drones is also planned
In 2024, the port terminals of China's CMPort handled a record container traffic
Hong Kong
The total was 146.3 million TEU (+6.4%)
Yang Ming also renews service between Western Mediterranean and US East Coast
Keelung
In Italy stopovers in Salerno, La Spezia, Genoa and Vado Ligure
Twelve associations call for agreeing on measures to improve rail capacity management in the EU
Brussels
Genoa Port Terminal, green light for provisional concession until next June 30
Genoa
The Management Committee of the Western Ligurian Sea Port Authority has unanimously decided this
In 2024, passenger traffic managed in Genoa by Stazioni Marittime decreased by -4.4%
Genoa
Ferries stable and cruises down -9.8%. Cruise activity expected to increase in 2025
CMA CGM to remove Livorno calls from Amerigo service, replacing them with calls at Salerno
Marseille
New configuration in line with that of the Ocean Alliance partners
From April, Ocean Alliance ships will call at seven Italian ports, four of which will be visited only by COSCO/OOCL
Shanghai/Hong Kong/Taipei/Marseille
Salerno will enter and Livorno will exit the new configuration of the containerized maritime services network
Leonidsport (Louis-Dreyfus family) submits offer to acquire 21% of Thessaloniki Port Authority
Athens
The expected investment is up to approximately 57 million euros
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Rolls-Royce wins record contract for Royal Navy submarine fleet
London
Eight-year, £9bn contract
Transported, the DURC in road transport is used to avoid paying for services
Rome
The rules - the association denounces - are openly violated by the clients
Kombiverkehr restores rail link between Lübeck port and Verona
Frankfurt am Main
Schedule two departures per week in both directions
AD Ports signs deal to build logistics park at Alexandria Port
Cairo
The business will be developed with the Holding Company for Maritime and Land Transport
The Panama Canal is and will continue to be Panamanian
Davos
This was underlined by the president of the Central American nation, José Raúl Mulino
Autamarocchi acquires control of Dissegna Logistics
Trieste
The Rossano Veneto company operates in the intermodal transport sector
Rubboli (Assologistica): Italian ports need more efficient and coordinated governance
Milan
Port of Ravenna, incentives for the purchase of "green" port vehicles
Ravenna
Maximum ceiling of 300,000 euros for each beneficiary
20% of Omani Asyad Shipping Company's capital up for sale
Muscat
Listing on Muscat Stock Exchange expected
Order to Circle for the management of data relating to rail and intermodal traffic of a port
Milan
ANSFISA adopts guidelines for the assessment and risk management of the rail transport of dangerous goods
Rome
Over 217 kilos of cocaine seized in the port of Livorno
Leghorn
They were hidden in a container containing wood from South America
Merlo leaves the presidency of Federlogistica to Davide Falteri
Rome
Logistics - he underlined - is one of the drivers of the national economic system
Germany is studying a network of floating terminals for the import of clean hydrogen
Berlin
Memorandum of understanding signed by SEFE and Höegh Evi
The executive design service for the reclamation of the Molo Italia seabed in La Spezia has been awarded
The Spice
Fratelli Cosulich orders fourth methanol-ready unit
Genoa
It will be built by Taizhou Maple Leaf Shipbuilding
In Spain, a logistics network for rail transport of biofuel to ports is being studied
Madrid
Agreement between Adif and the Exolum Group
MSC Interested in Starting Shipbuilding and Repair Business in India
Gurgaon
Comparison with the naval engineering company Swan Defence And Heavy Industries
Luka Koper has ordered four new rubber-tyred gantry cranes from Konecranes
Coper
They will be the first vehicles powered exclusively by electricity at the Slovenian airport
LNG and bio-LNG bunkering vessel arriving at the port of Genoa
Genoa
It will be able to provide both "ship-to-ship" and "ship-to-truck" services
Last year, cargo traffic in Russian ports decreased by -2.3%
St. Petersburg
The largest volume of cargo, exports, fell by -1.9%
Höegh Autoliners secures two multi-year contracts for car transport
Oslo
Agreements with two car manufacturers with which it has been collaborating for years
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Malta sees record cruise traffic in 2024
Florian
357 ships docked for a total of over 940 thousand passengers
Cavotec to provide electrification systems and technologies for Italian ports
Lugano
Three orders worth a total of seven million euros acquired
Pirate attacks on ships decreased by -3% last year
London
In the last quarter, an increase of +76% was recorded
COSCO Shipping Ports Sets New Annual and Quarterly Container Traffic Records
Hong Kong
In the whole of 2024, 111.9 million TEUs were handled (+5.7%)
Alberto Maestrini (VARD) elected President of SEA Europe
Brussels
The association represents the European shipbuilding industry
Molo Brin areas in Olbia handed over to Quay Royal
Construction of a marina for mega yachts is planned
Port of Singapore Sets New Container and Non-Oil Bulk Records in 2024
Singapore
The Asian port handled a total of 622.7 million tonnes of goods (+5.2%)
The Italian Maritime Academy Technologies has acquired a new technical headquarters
Castel Volturno
Includes a 37-meter, 100-ton command bridge with 1:1 scale operating environments
A huge load of 110 kilograms of cocaine seized in the port of Gioia Tauro
Reggio Calabria
If placed on the market, it could have earned criminal organizations 20 million euros
Unifeeder triples its market share of intra-Mediterranean container services
Dubai
Fincantieri Completes Acquisition of Leonardo's Underwater UAS Business
Trieste
The 287 million euro fixed component of the purchase price was paid today
Wallenius Wilhelmsen to operate ro-ro terminal at Port of Gothenburg
Oslo/Gothenburg
12-year concession contract
The Bulgarian Shipowners' Association has joined the European Community Shipowners' Associations
Brussels
BSA is the twenty-second member of the European Shipowners' Association
Strike by Central Tyrrhenian Sea Port Authority staff suspended
Naples
The meeting between the unions and the general secretary of the port authority was a success
Mercitalia Rail begins rail transport from Reggio Calabria of trains for the Milan Metro
Reggio Calabria
They are approximately 106 metres long and weigh over 180 tonnes.
PSA Venice - Vecon achieves gender equality certification
Genoa
It is the first Italian container terminal to obtain the certification
Maria Teresa Di Matteo, head of the Department for Transport and Navigation, has passed away
Rome/Gioia Tauro
Mattioli: it was an important point of reference for the entire Italian maritime cluster
Green logistics, the Northern Tyrrhenian Sea Port Authority extends the deadline for the tender
Leghorn
It awards non-repayable grants up to a maximum amount of 300,000 euros
Medcenter Container Terminal orders 20 new hybrid struddle carriers from Kalmar
Helsinki
They will be delivered within the first quarter of 2026
The intermodal service connecting the Italian terminal of Melzo with the Dutch one of Moerdijk has started
Melzo
Three weekly circulations operated, which will increase to four from April
COSCO expects to close 2024 with +95% growth in net profit
Shanghai
EBIT expected at 69.9 billion yuan (+90.7%)
Catania-based F.lli Di Martino has acquired 160 new loading units produced by Piedmont-based SICOM
Cherasco
This year the Cherasco company celebrates 50 years since its foundation
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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Kuwait approves Chinese company for port operations
(AGBI - Arabian Gulf Business Insight)
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Uiltrasporti Campania accuses the heads of the AdSP of the Central Tyrrhenian Sea of having assumed a provocative and totally closed attitude
Naples
Attempt - the union denounces - to downplay the real reasons for the strike
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
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