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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:51 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
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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