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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
14:52 GMT+1
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BRIEFS
May 7, 2018
Sched Netweb site
  • Asia-Europe rate rises 1.8pc to US$788/TEU, up 4.6pc to USWC
  • US-China trade talks end with issues still unresolved
  • Zodiac orders four 14,300 TEU boxships at HHI
  • Shortage of feeder vessels on the horizon: analysis
  • Matson doubles profit to US$14m in first quarter
  • Capital Product Partners wins new charters with higher daily rates
  • Container lessors to benefit more while carriers opt to hire units, not buy
  • DP World Nhava Sheva to speed up cargo clearance and cut costs
  • Milaha upgrades feeder service for reefer shipments between Qatar and Iraq
  • Hapag-Lloyd's new Ghana office caters to Africa's growing market
  • Macau's Q1 airfreight volume surges 14pc to 8,800 tonnes
  • Air cargo growth slows in March to its lowest level in 22 months
  • Vietnam Airlines mulls forming cargo unit as part of major expansion plans

Exim Indiaweb site
MAY 6, 2018
  • Baltic Exchange enters into charterparty management discussions
  • CMA CGM suspends emergency PCS for Douala
  • Feeder vessel shortage a possibility, says analysis
  • Gold Star Line announces upgraded service between China & Indonesia
  • ONE service vessel makes maiden call at Mundra Port
  • Seafood exports jump 13.7 pc in April-Jan. 2017-18
  • Adani Ports' FY18 revenue up 34 pc
  • Chennai Port berths highest parcel size edible oil vessel
  • Ennarasu Karunesan takes charge as CEO, Adani Ports & SEZ - Southern Ports
  • Important decisions taken at DPT's first Board meeting of 2018-19
  • Major Port worker federations warn of nationwide stir later this month
  • Secretary Shipping visits Paradip Port
  • V. O. Chidambaranar Port registers improved all-round performance in 2017-18
  • Bhavani Group felicitated at recent International SME Convention in New Delhi
  • GST Council approves principles for filing of new return design

International Transport Journalweb site
  • Across the pond
  • New railcar order in Russia
  • Downhill in March
  • Go-ahead for Russia-Polish border crossing
  • Crowley wants to capture more US government contracts
  • Counting down to strict ramp management in Frankfurt
  • Noatum Maritime alights on Houston
  • XPO triples net income
  • Finnlines invests in new vessel type
  • From GSK to UPS
  • Award for 'inspiring' earthquake recovery project
  • Air Malta to London Southend via Italy
  • Soget greets new managing director
  • Spot platform developed further
  • More wagons for forest goods
  • Europa Worldwide banks on new MD in Hong Kong
  • Air India increasing services to Europe

IHS Maritimeweb site
MAY 4, 2018
  • D'Amico still loss-making but says recovery is only a matter of time
  • Resurgence of US coal exports buoys bulker demand
  • Reshuffle puts smaller project carriers on growth path
  • Dry bulk orderbook not expected to swell, says Precious chief
  • Dorian plans to retrofit up to 10 VLGCs to use LPG
  • Wärtsilä completes Transas acquisition
  • Seaspan targets ship leasing acquisitions as chairman Sokol predicts consolidation
  • South Korea expected to import more LPG this year
  • China International Marine Container profits down despite higher revenue
  • New focus for Nor-Shipping 2019, but shipping to remain at its heart
  • Seoul and Pyongyang consider joint shipbuilding complex
  • Polaris Shipping issues USD28 million of bonds

The Loadstarweb site
MAY 4, 2018
  • CEVA's IPO plunges in early trade, disappointing the bulls
  • Deepsea container freight rates hold on to last week's gains as vessel utilisation rises
  • OnTruck seeks to tackle annual £6.5bn extra road haulage costs
  • XPO Logistics eyes new acquisition following strong Q1 result - while robots roam the facilities
  • Bullish Atlas Air sees strong Q1 and expects 19% volume growth in 2018 - despite IATA gloom
  • Europa Worldwide strengthens Asian ambitions with appointment of veteran forwarder Lee-Ming Chan
  • IAG Cargo first quarter revenues up despite declining volumes
  • Hermes 'trained' managers to mislead tax inspectors

Marine Logweb site
MAY 4, 2018
  • Navy to christen latest LCS at Austal USA
  • VIDEO: Floating dry docks arrive at Damen Shiprepair Curaçao
  • Rolls-Royce to supply MTU engines for four new Brazilian tugs
  • Finnlines orders three ultra green RO/RO vessels
  • Dorian moves along with LPG-as-fuel conversion plans
  • Wärtsilä completes Transas acquisition
  • Norway set to create zero emissions zones in fjords

Lloyd's Listweb site
MAY 4, 2018
  • GasLog lifts dividend as earnings climb
    Monaco-based owner posts record revenues and EBITDA for first quarter
  • Wärtsilä to introduce faster scrubber installation kit
    New retrofit option will allow scrubbers to be installed in half the time of traditional installations
  • The Lloyd's List Podcast: The week ahead
    Next steps in cutting carbon | Plugging shipping's gender pay gap | Container line's digital ambitions vs shipper's reality
  • Pipelines to China: emerging bearish factors for crude tankers
    The determination of the world's top crude importer to pursue a One Belt, One Road Initiative appears to be bad...
  • Stena Oil to open Scandinavia's biggest bunkering terminal
    New bunkering facility will open in the third quarter of 2020 at the port of Frederikshavn
  • Dorian links with Hyundai on vessel upgrades
    Initiative follows the conclusion of a study by Dorian and the American Bureau of Shipping to evaluate the use of...
  • Marine insurance's 'tough soft market' has ended, IUMI chief says
    The market is picking up and developing in the right direction, Mr Berg says
  • Precious Shipping paints optimistic outlook after first-quarter profit
    Trade tariffs may actually benefit tonne-mile demand by extending shipping distance, says company
  • New regulations impact is key issue for shipping, awards judges say
    The deadline for all entries is June 22
  • Teekay Offshore's finance head steps down
    Wong will remain in his post until August to assist with the transition
  • D'Amico chief optimistic for product carriers
    The correlation between crude and products can be a drag for both markets

The Journal of Commerceweb site
MAY 4, 2018
  • LA-LB officials say zero-emissions cargo equipment viable by 2030
  • US intermodal fleets expand as truck capacity tightens
  • European shippers say terminal automation gains lost on inland moves
  • Adani's new terminal at Ennore weighed-down by vessel charges

TradeWindsweb site
MAY 4, 2018
  • Gener8 forced to restate finances
    Technical matter related to covenant violation forces owner to reclassify as "going concern," but no threat to Euronav takeover.
  • International Seaways fleet renewal mission 'substantially' complete
    Executives at New York-listed firm say six strong VLCC deal may be final pieces in renewal jigsaw.
  • Maritime law group elects new leader
    Francis Nolan, lawyer and shareholder with US law firm Vedder Price, has been elected president of the Maritime Law Association of the United States.
  • Wah Kwong bulker runs aground in Argentina
    The 63,300-dwt Pilatus Venture (built 2016) is stuck on the Parana River in the vicinity of Buenos Aires Province's town of Ramallo, a source states.
  • GasLog boosts dividend despite earnings miss
    New York-listed LNG carrier owner sees significant jump in earnings.
  • Vyborg Shipyard back in the black
    Russian shipbuilder turns around 2016 loss in 2017.
  • CMB and Oskar Wehr strike unique deal for 17 bulker exchange
    A dozen handysize bulkers swapped for five capes worth a combined $240m
  • International Seaways lays groundwork for VLCC deal
    Four sales contribute to first quarter loss as owner gets set for $434m intake.
  • Dorian set for major LPG fuel retrofit with Hyundai Global
    New York-listed owner pens pact that could mark largest LPG fuel project to date.
  • Rising costs turn Great Eastern red
    Indian owner hit by offshore impairments and higher fuel bills.
  • Uljanik Plovidba returns to profit
    Croatian bulker and tanker owner boosted by higher revenue in first quarter.
  • Weernink quits as SwissMarine chief executive
    Peter Weernink has resigned as chief executive of bulker player SwissMarine. Weernink, a well-known figure in the dry bulk market, helped found the company in 2001. SwissMarine notified clients of his resignation this week and explained he remained both a shareholder and director of the company. SwissMarine sells fifth capesize as values hold steady According to a document seen by TradeWinds,
  • Ocean Yield eyes further deals after strong start to 2018
    Lars Solbakken explains how the Oslo-listed company plans to set its capital to work.
  • C-bed wins windfarm work for floatel
    Monjasa group company lands contract off UK for converted survey ship.
  • Fjords to become first zero-emissions zone
    Norway resolves to halt emissions from cruiseships and ferries no later than 2026.
  • Sevan in the clear over Brazil probe
    Norwegian authorities drop corruption investigation into Oslo-listed group.
  • Navios Midstream posts narrow first quarter miss
    Navios Maritime Midstream Partners has reported a marginally weaker than expected start to 2018 as it kick-starts a fleet renewal programme. New York-listed Navios Midstream, which cut distribution to direct capital towards newer vessels in March, booked a loss of $29.57m in the opening three months of the year. Core operating profit of $12m was just shy of the $13m consensus. Angeliki Frangou,
  • Precious: bulkers now firmly off life-support
    Thai owner seeing the positives as first quarter turns profitable.
  • Viking Supply brings back Sevnor CCO
    Alliance with Russian owner deepens as former exec works for both companies.
  • Semua Shipping tanker up for auction
    Sell-off of Malaysian owner's fleet set to continue this month.
  • Galp agrees SPA deal with Venture Global LNG
    Portuguese energy company commits to 1mtpa from Louisiana export facility for 20 years.
  • BP extends charter of Pistiolis MR
    US-listed shipowner secures another six months of work for Vietnamese-built tanker.
  • HHI: Battle over higher price holding back orders
    However, world's largest shipbuilder says market outlook is continuously being revised upwards.

American Shipperweb site
MAY 4, 2018
  • Talking Trade with Rebecca Dye
    The U.S. Federal Maritime Commission's purpose is clear: "Ensure a competitive and reliable international ocean transportation supply syste...
  • Section 321 automation among top trade priorities
    Automation of Section 321 de minimis entries is among the top remaining priorities for U.S. Customs and Border Protection's (CBP's) work to...
  • U.S. logistics employment steady in April
    U.S. transportation and logistics companies added another 400 jobs in April, slowing significantly from the rapid growth seen in the previo...
  • AAR: U.S. rail volume growth continues
    Total combined U.S. freight railroad traffic in April increased 5.1 percent to 2.15 million carloads and intermodal units compared with the...
  • Data-sharing deals next step in port pilot
    The next major step of the PierPass 2.0 pilot at the ports of Los Angeles and Long Beach is for shipping lines to reach data-sharing agreem...
  • Driver misclassification crackdown
    Two actions this week - an executive order by the governor of New Jersey on Thursday, and a decision by California's Supreme Court on Mond...
  • IAG Cargo Q1 revenues rise nearly 11 percent
    IAG Cargo, the airfreight division of International Airlines Group, saw its commercial revenues rise 10.9 percent to 276 million euros (U.S...
  • Kirby acquiring Targa's inland marine tank barge fleet
    Houston-based tank barge operator Kirby Corp. signed an agreement to acquire Targa Resources Corp's inland marine tank barge business for a...
  • Boeing taking parts logistics provider under wing
    Aircraft manufacturing giant Boeing will acquire aviation parts and logistics services firm KLX in a deal valued at $4.25 billion. KLX wil...

The Bunker Bulletinweb site
MAY 4, 2018
  • Oil closes higher as NYMEX June crude nears $70/b
    The front-month NYMEX crude contract last was above $70/b in November 2014.
  • Piraeus bunker market braces for summer cruise season amid higher container traffic
  • Dorian LPG announces conversion of 10 VLGCs to use LPG bunker fuel
    "LPG has not been a large part of the discussion, but we expect that to change."
  • Stena Oil, Danish Frederikshavn port to cooperate on expansion project
  • ARA fuel oil stocks fall 13% on week on VLCC departure: PJK
  • Precious Shipping says LSFO most 'palatable' option for IMO 2020
    "Reducing speed from 12 knots to 10 knots would effectively remove 17% of dry bulk shipping supply overnight," PSL said.
  • External: Marine Bunkering(Rotterdam)B.V.
  • ANALYSIS: Asian crude traders digest 4-year highs in Saudi, ADNOC OSPs
    "Saudis were on the higher end, but everything else seems reasonable," said a Japanese end-user.
  • Brazilian crude-laden VLCC Baltic Glory leaves Japan for original China destination
    The 309,000 mt tanker is expected to arrive at Qingdao on Friday, according to Platts vessel-tracking software cFlow.
  • FUTURES: Crude oil steady as market awaits fresh cues
    "Market appetite will likely stay rangebound as US-Sino trade talks are underway," OCBC Bank analysts Friday said.
  • Magellan sees uptick in spot shipments on two Permian crude lines with widening price spread: CEO
    "We see more barrels moving as spot shippers pay a tariff of $4/b [on the BridgeTex and the Longhorn pipelines]," Mears said.

›››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%)
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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