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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
15:31 GMT+1
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BRIEFS
May 3, 2018
Sched Netweb site
  • OOCL first quarter volume increases 7.5pc as revenues surge 16 pc
  • Cosco Shipping Holdings net profit plunges 33pc as revenues increase 9pc
  • NYK and 'K' Line back in black, MOL makes a loss in FY 2017
  • US Q1 GDP growth rate slows to 2.3pc
  • US House of Representatives approves changes to highway safety rules
  • Bollore CEO detained for corruption in Africa but denies allegations
  • SF Express invests US$100m in Flexport to expand global logistics operations
  • 2017 crucial year for HK's logistics industry: HAFFA chief
  • Launch of Henan Cargo Airlines delayed another year
  • CargoLogicAir starts Atlanta, Dubai, Hong Kong services
  • Schiphol cargo slips 4.7pc in March with decreased services

Exim Indiaweb site
MAY 2, 2018
  • HMM's AEX service off to strong start
  • Move towards container leasing going strong, says analysis
  • OOCL sees rise in volumes, revenues in Q1
  • Sheth Narottam Morarjee Shipping Cricket Tournament successfully held
  • DP World Nhava Sheva & JNCH collaborate to improve ease of doing business
  • MbPT Deputy Chairman welcomes Georgian Ambassador
  • New ECB norms by RBI opens doors to Port Trusts & others to source funds from abroad
  • A. L. Logistics Nepal celebrates 1st anniversary
  • BIFA welcomes inquiry into potential effects of Brexit on UK freight operations
  • Railways emerges as the preferred automobile carrier in the country
  • India's engineering exports touch all-time high in 2017-18
  • SEZ exports up

International Transport Journalweb site
  • Corpus Christi: lease agreement bears fruit
  • Railinc joins Blockchain in Transport Alliance
  • Axit and Gatehouse Logistics ink pact
  • Metrans: company founder Jiri Samek dies
  • New cloud-based application for US railroad
  • First Dreamliner delivered to Gulf Air
  • Downturn for port of Los Angeles in March
  • Launch of Tangshan Port-Antwerp rail service
  • GSSA strikes again
  • ECS Group intensifies partnership with IAG Cargo
  • Dematic builds for Poco Loco
  • Strong Q1/2018 for Cosco
  • CEO successor at Imperial Logistics International now fixed
  • Volga Dnepr continues to hire
  • Overnight rail service from Switzerland to Belgium
  • Hupac reinforces maritime hinterland traffic

IHS Maritimeweb site
MAY 2, 2018
  • Emirates Global Aluminium signs bauxite transhipment deal with France's Louis Dreyfus
  • Maersk to base new financial reporting structure on four business areas
  • MLC change ensures crew pay is protected during hostage situations
  • Strong MRs help DS Norden product tankers to break even and outperform market
  • China's leasing strength grows in the wake of new accounting rules
  • Scorpio Tankers secures USD195.9 million in financing
  • Norway leads the way to autonomous ships with electronic propulsion technology
  • Port productivity falls further as call sizes continue to grow
  • Dry bulk shipping market impact already seen from China coal import restrictions
  • Tanker recycling sales resume in Pakistan, but scrapyards still cautious

The Loadstarweb site
MAY 2, 2018
  • Analysis: all eyes will be on the ticker as CEVA shares hit the market on Friday
  • CH Robinson enjoys a strong first quarter, but rising costs bite into profits
  • 3PLs must invest now in a digital future, or they will 'simply get squashed'
  • Logistics - 'the new retail' - needs to listen to the customer, not follow trends
  • Boost to air freight from re-stocking cycle has run its course
  • Forwarder Flexport raises $100m from Chinese courier SF Express

Marine Logweb site
MAY 2, 2018
  • Seajacks to install turbines for Taiwanese offshore wind farm
  • American Club alert: Ships calling China need to sign SPRO agreement
  • Med Marine takes delivery of second in RAmparts 2300-MM series
  • DNV GL names Klas Bendrik Chief Digital Transformation Officer
  • Global consortium aims to ease pains of decommissioning projects
  • Austal to acquire aluminum NDT tech specialist ElectraWatch
  • Offshore wind: Periods of 2018 will see all Seacat vessels under charter
  • Kohler adds new models to Tier 3 marine generator line
  • Gulf Island adds escort tugs to shipyard backlog

Lloyd's Listweb site
MAY 2, 2018
  • Bunker supplier Aegean adds to board to end shareholder litigation
    Aegean says consulting agreement with founder Dimitris Melisanidis "has been terminated by the mutual consent of both parties"
  • Is the Baltic set for another go at container FFAs?
    Risk of index overload as the Baltic Exchange teams up with Freightos to launch another container freight index
  • Ardmore losses widen in first quarter
    Product carrier specialist seeks to improve its financial flexibility while waiting for a market recovery
  • Trade war risks fragile container shipping recovery
    Transpacific trade equivalent to nearly 5m teu could be subjected to higher tariffs each year if a trade war ensues
  • MISC plans to spend up to $4bn in capex over next five years
    Company emphasises that investment will focus on growing long-term recurring income base
  • Norden eyes bulker sales and further tanker buys after strong first quarter
    Update: For the time being, trade war is creating uncertainty but should the situation escalate, it could have a negative...
  • Maersk sets out new reporting structure
    Restates last year's results ahead of new reporting structure for first quarter
  • Qingdao tightens maritime security ahead of June summit
    Chinese maritime authorities will inspect foreign vessels from May 20 to mid-June
  • Matson beats first-quarter estimates and raises outlook for 2018
    Solid quarter despite headwinds in Guam
  • Vard Holdings delisting vote faces scrutiny
    Investors' body has also received feedback from minority shareholders that they are disappointed with Fincantieri's buyout offer for Vard
  • Corpus Christie sees tanker terminal growth as US exports boom
    Maverick Terminals loads first diesel barges while Buckeye unveils plans to build VLCC docks
  • H-Energy opens India's first FSRU-based LNG terminal
    The new LNG terminal has a capacity of 4m tonnes per annum
  • Scorpio Tankers taps European lenders for $200m new loans
    The $195.9m loan will create $53.9m of new liquidity after the product tanker owner repays $142m of current secured debt
  • Ships placed on high alert over crew abduction plot
    Suspects might use a blue three-engine speedboat to carry out a possible attack, and are expected to arrive off the...
  • Costamare posts solid first-quarter profit
    Costamare posts profitable results for the first financial quarter of 2018 and has been busy locking in vessels as charter...

The Journal of Commerceweb site
MAY 2, 2018
  • US shippers turn to dedicated trucks for capacity
  • Newest investment into Flexport spurs heated debate
  • Itaqui port targets poultry and beef exports to regain volume
  • DP World Nhava Sheva refines direct port delivery to speed cargo
  • Call size growth outstripped berth productivity globally in 2017

TradeWindsweb site
MAY 2, 2018
  • Norwegian investing in scrubbers for IMO 2020
    Miami-based cruise company will have exhaust gas scrubber technology on two-thirds of fleet to meet pending low-sulphur regulations.
  • Seaways seeks lender okay on Gener8 deal
    Diversified tanker owner looks to amend its term loan facility to bring in six second-hand VLCCs.
  • dship Carriers buys two vessels
    The Houston-based multipurpose specialist acquires F-type ships through partnership with German shipowner HS Bereederungs.
  • Dissidents win seats at Aegean Marine board
    Largest independent bunker supplier also puts further distance to founder at heart of soured deal.
  • Siem admits defeat in McDermott race
    Subsea 7 looks elsewhere for growth after takeover target pens a deal of its own.
  • Ardmore cuts pool use as 'inflection' nears
    Clean tanker owner sees forces lining up for second-half recovery as more ships move to in-house team.
  • Stellar wave season spurs Norwegian Cruise Line
    Miami-based cruise major eyes 2018 with positivity, based on strong bookings.
  • DNV GL brings in Bendrik as digital chief
    Class society continues data drive with appointment of ex-Volvo man.
  • Beijing faces fightback after blocking ship demolition
    Shipbreakers begin lobbying effort after waste crackdown closes demolition market at end of 2018.
  • Milaha launches first Iraq run
    Qatar owner starts feeder service to Umm Qasr.
  • Ardmore's first quarter loss hits mark
    Product tanker owner strikes sales-leaseback deal to boost liquidity as market turnaround remains in offing.
  • Thoresen Thai confirms supramax buy
    Thai owner pays $14m for Japanese bulker.
  • Dry recovery may involve two steps forward and one back
    Norden chief Jan Rindbo keeps an eye on trade wars as dry market reaches greater balance.
  • Dof, Oceanteam reveal OSV deals
    Norwegian and Dutch owners announce more work for support ships.
  • ITIC reduces capsize claim against architect
    Insurer cuts payout to yard by $1.75m after survey ship sank during trial.
  • Paris MoU bans two Lebanese cargoships
    Livestock carrier and general cargo vessel held with 33 deficiencies.
  • Atlantska refinances $18m of ship loans
    Croatian owner taps European lender for new funding for two bulkers.
  • Havyard takes full control of Norwegian Electric Systems
    The Saevik family's Havyard Group has taken full control of Norwegian Electric Systems. Oslo-listed Havyard first invested in the electric propulsion systems supplier in 2015 and has now acquired the remaining 49.5% of shares. Saevik seeks newbuilds after snapping Hurtigruten monopoly Geir Johan Bakke, chief executive of Havyard, said the purchase was made given belief in the firm and the chanc
  • Norden inks tanker and dry deals after strong first quarter
    Purchase of product tankers and multiple dry transactions confirmed alongside better than expected profit.
  • Shearwater scoops two West African jobs
    CEO Irene Basili sees market improvement after latest contract awards.
  • Panama Canal increases number of neopanamax slots
    It has also increased the maximum beam permissible for new locks after two years of service.
  • Modern Trojan kamsarmax put up for sale
    Arrested Greek-owned bulker lying off Colombo expected to be auctioned in June.
  • Iino Kaiun targets sale of veteran vessels
    Six elderly LPG carriers and other 'uneconomic' ships including tankers could go in tough markets.
  • AP Moller-Maersk thinks outside the box
    Business reorganised into four units as it aims to become less dependent on containership rates.
  • Sincere bulker caught up in carbon monoxide poisoning
    But workers affected by incident at New Zealand's Napier Port all released from hospital.
  • Odin boosts US presence with Houston tanker desk
    Shipbroker also announces recruitment of tanker industry veteran Espen Arnesen.

American Shipperweb site
MAY 2, 2018
  • DHL moves to larger site in Tampa
    DHL, the world's leading international express delivery service, has relocated to a new service center in Tampa, Fla., that is twice the si...
  • Hapag-Lloyd focuses on growing market in Africa
    Hapag-Lloyd said Wednesday that it had opened an office in Tema, the largest port in Ghana and not far from the capital city Accra. The Ge...
  • OOCL reports higher volumes, revenues in Q1
    Orient Overseas Container Line (OOCL) carried 1,579,578 TEUs in the first quarter of 2018, 7.5 percent more than in the same 2017 period. R...
  • Flexport goes to China
    Tech-focused freight forwarder Flexport has raised $100 million in funding from Chinese parcel courier SF Express, according to a statement...
  • Shippers raise concerns about 'PierPass 2.0'
    Several large shipper groups are raising concerns about proposed changes to the PierPass OffPeak program in the Port of Los Angeles and Por...
  • INTTRA leads logistics tech from innovation to action
    Container shipping booking platform and information provider INTTRA is launching a pilot program that seeks to help shippers better manage ...
  • Trump pledges to fix Soo Locks
    President Donald Trump promised a crowd in Washington Township, Mich., last weekend that the Soo Locks would be fixed. The Soo Locks conne...
  • Executive Moves: Canaveral, Crowley, WCA
    Michael B. Poole has been named the Canaveral Port Authority chief financial officer in Port Canaveral, Fla., effective May 11. He has 30 ...
  • Shippers' Law: Attempting to top 'Himalaya clause'
    Carriers often extend the defenses and protections they enjoy under the Carriage of Goods by Sea Act (COGSA) to their agents and subcontrac...

The Bunker Bulletinweb site
MAY 2, 2018
  • Crude rises on weaker dollar following FOMC statement
    FOMC statement outshone unexpected large build in crude inventories.
  • Geopolitical energy risks become more acute
    As OPEC-led cuts slash the world's oil stock overhang, flashpoints have the potential to cause fresh price volatility this year.
  • US crude stocks see larger-than-expected build
    Analysts expected a build of 1.8 million barrels.
  • US Gulf Coast VGO freight netback at multi-month low amid soft demand
    Valero become an aggressive seller of VGO in the USGC.
  • US DATA: EIA says USWC fuel oil stocks highest since 2016
    Domestic stocks were down slightly from the previous week.
  • Malta bunker operations suspended due to bad weather: port authority
  • External: Praxis Energy Agents S.A
  • Fuel supplier Aegean appoints new board members after shareholder revolt
  • Finland's Containerships remains committed to LNG bunkering strategy
  • SUBSCRIBER NOTE: Platts proposes to launch Murban differential to Dubai
    The new assessment will capture the spread between the outright value of Abu Dhabi's Murban crude for loading two months forward versus the Platts Dubai crude assessment published during the same calendar month.

›››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%)
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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