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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:29 GMT+1
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BRIEFS
April 6, 2018
Sched Netweb site
  • ONE member liners complete joint venture investment of US$3b
  • Cosco christens 3rd 20,000 TEU containership built at China yard
  • China slaps tariffs on 128 US goods including meat and wine
  • US releases list of US$50b in Chinese imports targeted for tariffs
  • PSA-Panama hosts first post-panamax containership
  • Container shipping to deploy artificial intelligence to fuel growth
  • UAE Maersk staff and customers raise funds for education in Africa
  • Air China starts Beijing-Houston-Panama City service
  • Big data analytics, globalisation are vital for businesses in APAC: EIU study
  • Turkish Cargo flies 1.5 million live fish from Oman to Turkey

Exim Indiaweb site
APRIL 5, 2018
  • APL introduces China Bangkok Express service
  • Better supply-demand balance & higher freight rates forecast for container shipping
  • New report reviews pathways to zero-carbon shipping
  • Panel discusses issues relating to trade promotion through sea route, building up robust port & coastal infrastructure & revising & relaxing maritime regulatory issues to promote blue economy in India
  • PDP Shipping & Projects receives AEO status
  • APM Terminals Mumbai handles record volume in 2017-18
  • JNPT's DPD transport solution to kick off from May 1 this year
  • Clarifications with respect to the e-way bill system
  • Cabinet approves MoU between India & Iran on setting up expert group for trade remedy measures
  • Total INR 17,616 cr. of refunds issued to exporters under GST

International Transport Journalweb site
  • Discrepancies for a duo
  • Expected and surprised
  • New freight train eases Chinese steel exports
  • Indian logistics park shortens transit time by 22 hours
  • No more KOG Worldwide
  • Shareholders added for MIT in Port Moresby
  • Project cargo to Toulouse
  • New nonstop Austria-Germany links
  • Curious change of functions on DHL executive board
  • Operations commence in Yang Ming affiliate
  • Mainfreight partnering Henkel
  • Russian airlines loosing freight volume
  • Hupac adding trains for Italy-UK services
  • New Netherlands-UK service
  • Progress for Sinotrans in 2017
  • Garlichs new Siemens PPA Logistics COO
  • Slot management at Brussels and Frankfurt airports

IHS Maritimeweb site
APRIL 5, 2018
  • COSCO plays down trade war risks
  • "K" Line pleads guilty of Australian car shipment 'cartel' activity
  • Seoul unveils five-year plan to save its maritime sector
  • Marine insurers seek to calm liability fears over AI
  • Updated: Samsung HI wins LNG carrier pair
  • European bulk terminal operator HES International changes hands
  • South Korea and India import more ammonia from Trinidad & Tobago

The Loadstarweb site
APRIL 5, 2018
  • Customers angry as 'capacity-hobbled' UPS quietly pushes up fuel surcharges
  • Strong start for air freight, but trade wars could start a downdraught
  • E-commerce logistics operators will be hit hard by new HMRC rules
  • US-China trade spat looks set to rearrange perishables supply chains
  • 2035 and all that: global warming, ship emissions and acronym soup
  • ATA's Costello paints grim picture of US truck driver shortage - it's a big number

Marine Logweb site
APRIL 5, 2018
  • VIDEO: New Norwegian polar vessel set to be operational by June
  • AWO approves MARCOM as Responsible Carrier Program auditor
  • K-Line pleads guilty to criminal cartel conduct in Australia
  • South Korea unveils restructuring plan for shipping and shipyards
  • White House condemns Houthi attack on commercial vessel
  • Horizon Shipbuilding reports busy year
  • RAD-Power to support Karl Senner products in Canada

Lloyd's Listweb site
APRIL 5, 2018
  • Owners divided over relative value of newbuilds and secondhand vessels
    Forum opinion divided over extent to which private equity funds will continue playing a key role in the industry
  • Beijing brings trade wars to tankers with a proposed tariff on propane
    Tanker owners risk being hit harder than the US energy and Chinese petrochemical industries in a trade war
  • What now for gender pay?
    Take a deep breath, it's time to recalibrate everything you knew about employment
  • California fines MSC for emissions violations
    Box carrier to pay $350,000 penalty after four ships violate clean air rules
  • Viewpoint: Too much expectation
    The explosion in ship sizes has led to people having to take a lot of risks in waters never designed...
  • Gender pay gap figures revealed
    V Ships, NYK Group and Carnival among worst offenders with significant gender pay gaps revealed
  • Iron ore and minor bulk demand growth to drive up bulker earnings
    Coal imports to China and India could surprise to the upside but medium term prospects look better for smaller vessels
  • Team Tankers finalises Laurin deal
    Deal will take the Team Tankers fleet from 37 to 52 vessels
  • Long Beach aims for low emissions
    Vehicles and cranes targeted for zero-emissions trial
  • SHI wins order for LNG pair
    Newbuilds tie in with GasLog's order for two vessels reported last month
  • South Korea's new maritime plan includes orders for 200 vessels
    The 200 vessels comprise 140 bulk carriers and 60 containerships
  • Singapore arrests Vermont UM vessels as firm's troubles grow
    Tighter regulatory oversight and fierce competition in Singapore's bunkering sector have seen a number of companies exit the sector in...
  • Soyabean flows from US at risk from trade spat
    US-China trade disputes will not reduce global demand but will see flows adjust, says agribusiness forecaster IEG Vantage
  • K Line pleads guilty to criminal cartel conduct in Australia
    The charges concern the shipping of vehicles to Australia between July 2009 and September 2012
  • Cyber attack - an act of war or terrorism? Are you covered?
    The potential exposure faced by the maritime industry must not be underestimated

The Journal of Commerceweb site
APRIL 5, 2018
  • 12 steps to becoming a shipper of choice
  • Traditional forwarders shrug off threatened digital disruption
  • After strongest US growth, Philadelphia port to double capacity
  • Tariffs threaten nearly 7 percent of China-US container trade
  • Long Beach, SSA Marine launch electrification effort to meet emission goals
  • DP World Cochin Terminal leads India major ports' growth
  • US-China trade tariff drama undermining air cargo confidence

TradeWindsweb site
APRIL 5, 2018
  • Sveaas backs Norgas in bid to help IM Skaugen
  • Banks stalk rogue tanker at centre of Alang standoff
    Vessel slipped arrest in Sharjah last year but has since been circulated to cash buyers at a bargain price
  • Revived RVI tool is being crafted for LNG carriers
    Financial product that guarantees value of a vessel at the end of its lease may have new relevance for gas shipping sector
  • Aviation product never really got off the ground in shipping
  • Kalani cases crawl through US courts at a snail's pace
    Judge rules out merger of DryShips and Top Ships lawsuits, but little else has been decided as plaintiffs quarrel
  • Scorpio Tankers amends key interest covenant
  • Buyback boosts Economou's DryShips stake beyond 70%
    Recapitalisation sends owner's holding soaring back towards pre-IPO levels
  • Wilhelmsen $400m bid for Drew Marine hangs in the balance
    US competition watchdog objects to acquisition of world's second-largest provider of water treatment chemicals
  • Exmar taps proverb to post mixed results
  • Shipping industry faces moment of truth on climate change stance
    IMO member nations must agree an ambitious global programme of cuts to greenhouse gas emissions or shipping will face a divisive patchwork of regional measures
  • ONE takes to the stage as an instant top-10 outfit
  • Schuldt fleet move would lift Blue Net into top spot
    Third owner expected to join two of the world's largest containership tonnage providers in merging their fleets into a single massive chartering desk
  • Surge in LNG carrier orders at South Korean shipyards
    The first quarter's deals already closing in on 2017's bookings, although brokers and suppliers' forecasts vary widely on likely year-end total
  • Sigtto expects big turnout at London event
  • Sharjah poised to float FSRU requirements
  • JX Ocean taps HHI to build VLGC
    Newbuilding deal at South Korean yard marks firm's first order outside of Japan
  • Cosco OSV deal architect takes CFO role at Seacor
    Long-serving strategy executive Jesus Llorca steps up to finance job
  • 'The Farstad organisation has gone'
  • Ex-Farstad boss Bakken emerges to head up Remoy
    Karl-Johan Bakken has left a big fish to join a relative minnow, but he is happy to beef up his local offshore cluster
  • Greenpeace: Equinor as smelly as Statoil
  • UK will be exempt from EU shiprecycling rules after Brexit
  • Absence of major incidents sparks burning cost caution
  • Allen discovers wreck that inspired Spielberg movie
  • Tanker scrapping on a lasting roll - analyst
    More than 130 vessels may be torched after busiest first quarter ever, analyst says
  • Shipbroker Prapopulos dies at 81
  • Petrobras portal draws howls from shipbrokers
    Petronect was launched three years ago to drive chartering efficiencies, but it is increasingly frustrating shipbrokers
  • Master who then became a broker
  • From fixing VLCCs to fishing for salmon with Fredriksen
    Affinity's Per Mansson heads into retirement with a typically shrewd assessment of the market and some well-chosen advice for shipowners and brokers
  • Slow steaming helps VLCCs to rebound after slump
    'Appallingly low returns' drive crude carriers to travel two knots slower than last quarter
  • Beibu doubles money on kamsarmax bulker with S&P deal
  • Omicron exits handysizes with sale of veteran
  • Graig selects yards for ultramax orders
    Family owned Welsh shipping company is placing its first orders in eight years with an upgraded ultramax design
  • Golden Ocean tipped to sell bulker
  • Major shipping firms pledge to bridge UK gender pay gap
    V.Ships, Clarksons and Braemar among the big names to reveal pay data and promise to push for greater diversity.

American Shipperweb site
APRIL 5, 2018
  • China requests WTO consultations over 'Section 301' tariffs
    China has requested World Trade Organization (WTO) consultations with the United States over tariffs proposed by the Trump administration p...
  • U.S. companies up in arms over how to handle China's trade practices
    The Trump administration has proposed tariffs on $50 billion worth of goods to counter observed unfair intellectual property (IP) and techn...
  • South Korea to assist in 200 ship orders
    South Korea will assist companies in placing orders for about 200 commercial vessels in the next three years to help its shipping and shipbu...
  • L.A. Harbor Commission president resigns
    Vilma Martinez announced that she's stepping down as president of the Los Angeles Harbor Commission, effective Friday. She has served on th...
  • Executive Moves: BDP International and Pilot Freight Services
    BDP International has named Chris LoPriore vice president of global sales and marketing. He joins the Philadelphia-based freight forwarder ...
  • McLeod Software integrates with LoadPay
    McLeod Software has integrated with online freight marketplace Truckstop.com's payment platform, dubbed LoadPay, the companies announced. ...
  • FWS proposes to list snake as threatened
    The Fish and Wildlife Service (FWS) is issuing a proposed rule to list the Louisiana pine snake as a threatened species under section 4(d) ...
  • APHIS unveils new phytosanitary option for Chilean lemon imports
    The U.S. Department of Agriculture's (USDA) Animal and Plant Health Inspection Service (APHIS) is offering another option to fulfill phytos...

The Bunker Bulletinweb site
APRIL 5, 2018
  • Bunker demand at Malta rises on Greek holiday
    Bunker demand at Malta firmed Thursday as ships that would have bunkered at Piraeus, Greece, diverted to Malta, sources said.
  • European fuel oil market weakens as oversupply bites
    The European HSFO market suffered from a surplus of product in the first quarter of 2018, a situation expected to drag into Q2 due to slack bunker demand in both Europe and Asia, as a lack of Middle East power generation outlets weighs on the market.
  • Demand for winter-spec marine gasoil in ARA persists, despite official switch to summer
    Bunker demand for winter-grade specification marine gasoil in the Amsterdam-Rotterdam-Antwerp hub has persisted over the past week, despite the switch to summer spec on April 1, as below-average temperatures in the region lingered, sources said.
  • Freight outlook bearish amid persistent fleet oversupply
    Freight rates for VLCCs traveling from West Africa to China fell close to a 15-year low in early March and the VLCC route from West Africa to China, basis 260,000 mt, was assessed at $8.08/mt on March 7, the lowest since September 2003, when it was assessed at $7.80/mt, S&P Global Platts data showed.
  • New US sanctions on Venezuela not expected at Lima summit: White House
    The US plans to keep increasing pressure on Venezuelan President Nicolas Maduro over the next several months, but President Donald Trump will not be announcing new sanctions during his trip next week to the Summit of the Americas in Lima, Peru, a White House official said Thursday.
  • April VLCC HSFO fixtures from NWE East drop on overloaded Singapore
    The movement of European fuel oil to Asia has dwindled in April on a closed arbitrage, a well supplied Singapore market and an increase in VLCC freight rates, traders said.
  • Saudi Aramco says refinery, shipping activities normal after Tue, Wed attacks
    Saudi Arabian refinery and shipping activity were normal Thursday after a missile attack on the refinery was intercepted and an attack on an oil tanker in the Red Sea was foiled earlier this week.
  • ANALYSIS: Less Colonial Pipeline distillate demand shows shift to seasonality
    "I think it's likely to stay unallocated through the summer," a ULSD source said.
  • Yemen conflict risks spilling into oil sector
    "We continue to see Yemen as the most dangerous confrontation for the oil market as it is the one that could be the tripwire for a direct confrontation between Saudi Arabia and Iran," head of commodity strategy at RBC said.
  • US 'very concerned' after Saudi oil tanker attack in Red Sea: White House
    The attack coincides with the UN's High-Level Pledging Event in Geneva, where a Saudi-led coalition contributed $930 million.
  • China to cut VAT by 1 percentage point across sectors, effective May 1
    Most goods in the oil sector -- including crude oil, gasoline, gasoil, naphtha, jet fuel and fuel oil -- will see VAT decline to 16%, from 17% currently.

›››File
FROM THE HOME PAGE
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
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
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
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%)
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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