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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:18 GMT+1
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BRIEFS
March 6, 2018
Sched Netweb site
  • 8,721-TEU CMA CGM ship call starts a China-backed Africa hub
  • Box volumes soar 8pc to 7.2m TEU at HHLA terminals
  • US east coast ports dredge, lift bridges to live in a mega ship world
  • Pressure mounts for delay of UN's ballast water and low-sulphur rules
  • Evergreen e-document function in Bolero International partnership
  • Log-In Polaris opts for Thordon Bearings' Compac shaft bearing
  • NYSHEX names board members and launch of shipper, carrier member council
  • China's upstart Tianjin Cargo Airlines to commence operations in May
  • Brussels Airlines Cargo wins CEIV Certificate for Pharmaceuticals
  • UPS Worldwide Express expands to deliver faster in high growth markets

Exim Indiaweb site
MARCH 5, 2018
  • Bob Bandos appointed GAC's Group Vice-President - Americas
  • CMA CGM continues its development in Latin America; launches 3 new services between Asia, Mexico & West Coast of South America
  • HMM to launch independent Asia-North Europe service
  • Impact of mega vessel deliveries on Asia-North Europe
  • Maersk Line begins export cargo acceptance at Valsad (ICD Tumb) for Hazira & Nhava Sheva
  • Wan Hai Lines announces new Far East-Red Sea service
  • YM's Korea-Vietnam/Thailand service
  • Port of Antwerp intensifies cooperation with coast of West Africa
  • Two luxury cruise vessels call at New Mangalore Port on March 3
  • AMTOI Day 2018 showcases rising business opportunities & other facets of the North East
  • Milaha inaugurates Phase 1 of Logistics City for cold chain solutions in Qatar
  • Nitin Gadkari chairs review meeting on National Highway projects & ports in Chennai
  • Warehousing space leasing rockets by 85 pc across key Indian markets: Knight Frank Warehousing Report 2018
  • Compliant taxpayers under GST do not run risk of facing punitive action, assures govt
  • Key points/suggestions made during meeting of exporters with Dr Hasmukh Adhia, IAS, Union Finance Secretary at Chennai on March 2, 2018 under the aegis of Federation of Indian Export Organisations (Southern Region)

International Transport Journalweb site
  • The Roaring Twenties
  • Takeover expands railcar business
  • Ports of Niedersachsen outdoes recent years' results
  • Smart glasses for pump manufacturer
  • More B767s for CAM to convert
  • Birte Schulz moves from Hellmann to Kerry
  • 10,000 trailers made from 100% Australian steel
  • Reinforcements for Crane's time critical team
  • Industry squashes logistics centre fee
  • ECA says "no" to mass dismissal of Avianca pilots
  • 35,000 t of plant equipment sent to Siberia
  • Northern Sea route raises more interest
  • Difficult start to year
  • IT know-how for Panalpina board
  • Air transport sector needs more German government support
  • Growth in all segments in port of Vancouver
  • Pakistan enhancing rail connectivity

IHS Maritimeweb site
MARCH 5, 2018
  • US tariffs on steel to hit breakbulk operators
  • Charter appetite for box ships keeps rates heading north
  • Bawat keeps ballast water treatment simple
  • Stronger shipping fundamentals change New York legal landscape
  • Hydrographic survey of straits of Malacca and Singapore enters phase two
  • COSCO appoints new general manager
  • Samsung HI wins LNG carrier order
  • TMS Cardiff Gas exercises option for LNG carrier at Hyundai HI
  • BW Dry Cargo profits from Ultramax ship sale
  • Hyundai HI to use robots in shipbuilding work

The Loadstarweb site
MARCH 5, 2018
  • Storm clouds are gathering over box line business in 2018, says Fitch
  • 'Sewbots': the hi-tech revolution with designs on fashion logistics
  • Growing digitisation of sea freight booking will 'move the industry forward'
  • Analysis: Expeditors, by far the best takeover target in freight forwarding
  • Panalpina elects Google's Sandra Emme to board of directors

Marine Logweb site
MARCH 5, 2018
  • Lockheed Martin gets $481 million FMS long-lead contract for MMSC
  • Fincantieri to stretch and upgrade Grimaldi cruise ferry duo
  • Coast Guard issues new NVIC on Ballast Water Manaagement
  • Hyundai Heavy reports breakthrough in shipbuilding robotics
  • Damen merges its Marine Components and Van der Velden units
  • Fjord1 orders seven more battery powered ferries
  • Wärtsilä launches Eniram Mobile

Lloyd's Listweb site
MARCH 5, 2018
  • SeaCube chief bemoans reefer shortage
    Robert Sappio says seasonal and spot shortages of refrigerated containers are increasingly, with insufficient global production to meet demand
  • US urged to focus on exports as remedy for trade imbalances
    Tariffs on imports not in the best interests of consumers, says Maersk North America boss Christian Pedersen as he warns...
  • Logistics sector faces threat of vertical integration
    3PLs see challenges emerging from carriers and shippers moving into their market
  • Axa takeover of XL will see biggest hull insurer change hands
    Combined entity will be a formidable marine insurance force in many mainland European markets, in which Axa traditionally has a...
  • Economou beefs up LNG presence with Korean orders
    Four newbuildings now contracted at Hyundai and Samsung, with multiple options, as group prepares for launch of Gas Ships as...
  • Hapag-Lloyd sees UASC vessel and containers detained in Lebanon
    Court awards $12.6m to shipping agent who lambasts 'unethical and unprofessional' behaviour by carrier
  • Results round-up: Bulker firms in October-December 2017
    Latest reporting: Genco, Songa Bulk, Star Bulk and DryShips
  • HHI rolls out automated formation of vessel head and tail panels
    New machine can form panels three times faster than when the job is done manually, potentially saving $9.2m
  • Pacific Basin sees low-sulphur fuel as the best solution for smaller dry bulk carriers
    Oil companies should also help in working toward a viable solution, says Pacific Basin chief executive Mats Berglund
  • US tariffs 'a danger to international trade'
    Move may prompt retaliation from other economies, says Maersk
  • Warning sounded over blockchain's weakest link
    Humans can corrupt the data that blockchain relies on, says lawyers' white paper
  • Shipyards face mounting profitability pressure amid rising costs
    Only a few vessel types saw price gains outstripping Chinese currency appreciation
  • Samsung Heavy Industries nets order to build an LNG carrier
    The order includes an option for one more vessel
  • Nakilat adds two more vessels to Maran Gas joint venture
    Move boosts vessels deployed in the venture to 15
  • Maersk to rationalise Asia-Europe services
    Reduced port pairs to add resilience to container network
  • Box carriers consider options for low-sulphur rules
    LNG, scrubbers and low-sulphur fuels all remain in contention

The Journal of Commerceweb site
MARCH 5, 2018
  • APL takes on air freight with new Shanghai-LA service
  • Chicago rail backlog forces UP to restrict draymen
  • DB Schenker CEO: Forwarders under threat from game-changing tech
  • Economists: Container demand-supply tipping toward carriers
  • New CMA CGM efforts to boost responsiveness to shippers
  • At least 70 Maersk containers damaged, lost on Carolinas sea
  • Economist issues trade, monetary policy warning
  • Port of Koper adds new Med-to-Munich rail link
  • E*DRAY aims to get cargo from terminal to shippers quicker
  • TPM 2018 Tracker: News, insights, analysis
  • Canadian National CEO exits amid service woes
  • Terminals' rail dispute weighs on JNPT's February volume
  • INTTRA adds Evergreen to Top 10 carrier customer list

TradeWindsweb site
MARCH 5, 2018
  • Teigen's Lighthouse shines on supramax duo
    Norwegian shipowner picks up pair of supramaxes from Seven Seas Carriers.
  • Global Ship widens loss but sees itself in 'excellent position'
    Chief executive Ian Webber says the New York-listed containership owner's strong ledger allows it to look forward to adding asset value.
  • Hapag-Lloyd goes digital for rate updates
    Fifth largest containership company in the world makes move away from email-based practice.
  • Euroseas keeps consolidation on menu as profit returns
    Discussions with Poseidon and other private companies ongoing, executive says.
  • Blockchain 'only as strong as weakest link'
    Law firm Reed Smith says technology no substitute for human judgement.
  • WEB TV: Boxship bashed by runaway rig
    German vessel breached after platform broke moorings in Canary Islands storm.
  • 2020 Bulkers chairman cool on further newbuilding orders
    Shipowner secures capital from key shareholders but further growth of orderbook looks to be off the table.
  • GOS defaults on Axis Bank loan
    Indian offshore owner says $14m outstanding on financing.
  • Trump car tax threat could dent Wilhelmsen
    DNB Markets says Oslo-listed owner has major exposure to EU to US traffic.
  • Fjord1 orders seven ferries for $140m
    Deals at Havyard and Cemre Shipyard come after big contract win.
  • Clarksons splits dry recovery from 2013 false dawn
    Researcher Sarah Holden's sums suggest bulker rates may finally stay clear of the ground.
  • Logistics restructuring to hit DFDS
    Danish owner will take $2.5m hit from Italian rail closures.
  • STX O&S facing job cuts
    Restructuring plan for yard and compatriot Sungdong expected on Thursday.
  • LNG rates show largest weekly drop in over two years
    Seasonality dents market while Cove Point opening helps fuel longer term view.
  • Reach adds Olympic subsea ship
    Norwegian operator expands with two-year deal for Olympic Challenger.
  • Two top targets for Genco as it sets out on 15 ship renewal
    John Wobensmith says older vessels earmarked for sale will be replaced "dollar for dollar".
  • ADSB posts 70% profit jump for 2017
    Abu Dhabi shipyard posts second-best annual result ever.
  • Expanded fleet boosts Chelsea result
    Dennis Uy's ambitious tanker and ro-pax group sees profit rise in 2017.
  • Court overturns $68m award to Economou firm in charter row
    High court judge admits owner will be disappointed with ruling that China's JSG did not guarantee doomed Shagang Shipping's deal for new capesize in 2008.
  • Maersk warns over threat to global trade from tariffs
    Danish giant's comments come after US president Donald Trump says trade wars are "easy to win"
  • Hyundai and Samsung grab LNG orders
    South Korean shipbuilders win newbuilding deals for two and one gas carrier respectively.
  • Maran Gas expands Nakilat LNG carrier venture
    Angelicoussis adding smaller Woodside chartered gas carriers to Qatar joint venture.
  • Austal firms up Japanese trimaran order
    Deal marks first high-speed trimaran ferry placed into Japan by Australian fast ferry specialist.
  • VLCC newbuilding orderbook hits 100 ships
    Angelicoussis, China Cosco Shipping and China Merchants with the most large tankers on order.

American Shipperweb site
MARCH 5, 2018
  • Maersk boxship loses dozens of containers off N.C. coast
    The Maersk Shanghai lost about 70-73 cargo containers Saturday night while 17 miles off the coast of Oregon Inlet, N.C., due to high winds ...
  • OOIDA's push against ELD mandate keeps on truckin'
    The Owner-Operator Independent Drivers Association (OOIDA) has called on the U.S. House Committee on Transportation & Infrastructure to...
  • Top trade officials say steel, aluminum tariffs still on track to be finalized this week
    Top executive branch trade officials on Sunday affirmed that President Donald Trump aims to follow through in assessing broad tariffs on st...
  • How large forwarders, NVOs keep competitive edge
    The global freight forwarding and non-vessel-operating common carrier (NVO) industry is vast and fragmented. But if there's a unifying the...
  • CN's CEO abruptly leaves
    Canadian National Railway Co. revealed Monday that CEO Luc Jobin has resigned, effective immediately. The Class I railway's board has inst...
  • Home Depot exec behind new drayage collaborative platform
    A former international logistics executive with The Home Depot is behind a new technology provider aiming to make drayage operations more e...
  • Hapag-Lloyd digitizes rate dissemination through CargoSphere
    The ocean freight rate management software provider CargoSphere said Monday it has begun providing a direct data feed of global ocean rates...
  • INTTRA adds Evergreen to network
    The liner shipping digital platform INTTRA on Monday said it has added four new carriers to its network, including Evergreen, one of the la...

The Bunker Bulletinweb site
MARCH 5, 2018
  • Demand to outpace supply, but inadequate investment could lead to price volatility: IEA
    Global oil demand will outpace supply over the next five years, but declining or stagnant investment nearly everywhere except for US shale plays could spark a return to volatile crude prices, the International Energy Agency said in a report released Monday.
  • CERAWEEK: Trump's steel tariff to hurt Permian pipeline projects: Plains CEO
    President Donald Trump 25% tariff threat on steel would increase costs for Plains All American Pipeline
  • Oil complex caught between macro themes, fundamentals
    NYMEX crude settled Monday at $62.57/b, up $1.32 and roughly midway between the contract's three-year high in late January above $66/b and subsequent low in mid-February near $58/b.
  • Oil complex strengthens as Dow heads higher day-on-day
    Oil futures rose Monday after US equity indices turned higher calming some nerves frayed by President Donald Trump's vow last week to slap tariffs on imports of steel and aluminum.
  • March loadings of Forties crude to be delayed by two or three days: traders
    Loadings of key North Sea crude grade Forties could be delayed due to past weather disruptions, market participants said, although no specific cargo deferrals were reported Monday afternoon.
  • VLCC freight hits 6-month low on slack Asian crude demand, sending fuel oil east
    VLCC freight has hit a six-month low on fuel oil cargoes loading out of Rotterdam due to weak crude demand from Asian buyers in West Africa, encouraging charterers to move more fuel oil east.
  • Pan Ocean's vessel arrest in Singapore not due to unpaid bunkers: owner
    The Grand Ace12 was arrested in Singapore on February 28.
  • EXMAR opts for LPG bunker fuel for its two VLGC newbuilds
    The carriers are scheduled for delivery in the third quarter of 2020.
  • FUEL FOR THOUGHT: Peak demand discussion heats up
    Shift to cleaner, renewable energy gathers pace.
  • FUTURES: Crude higher on growing supply concerns
    Market participants will be looking out for the meeting between OPEC and US shale companies to be held later Monday at CERAWeek conference in Houston.
  • Open interest for front-month ICE middle, light distillates contracts rises in Feb
    Open interest for the front-month Singapore gasoil sulfur spread contract on ICE plunged 32.2% for March settlement at the end of February.

›››File
FROM THE HOME PAGE
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%)
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.
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
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
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
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%
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%
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
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
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.
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
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
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
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
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
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
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
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
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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