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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:48 GMT+1
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BRIEFS
August 10, 2018
Sched Netweb site
  • DP World buys Denmark's short-sea major Unifeeder for US$765.4 million
  • Terminal utilisation rate continues to outpace capacity growth
  • India ranks No 2 in seafarer manpower supply, ahead of China, Indonesia
  • ICTSI's 6pc profit slip to US$97.7 million blamed on terminal start-up costs
  • Valencia's 4th box terminal will help it retain its No 1 port status in Spain
  • Expeditors' quarterly profit up 29pc to US$141 million as sales rise 14pc
  • Global box volumes continue to rise, up 1.3pc in June to 14 million TEU
  • Global box freight rates continues to rise in August, major indices show
  • India's shipping ministry vetoes dedicated body for freight village project
  • Agility posts 24pc net profit increase as revenue rises 14.1pc
  • Brussels reports another increase in air cargo volume, up 13.9pc in July
  • AirMap deployed in Czech Republic to manage nation's busiest airspace
  • First A330-200 freighter conversion delivered to Egyptair Cargo

Exim Indiaweb site
AUGUST 9, 2018
  • CMA CGM enhances website
  • DG Shipping conducting inquiry into collision of Indian fishing boat with unknown merchant vessel off Kerala coast
  • NYK exploring LNG bunkering business
  • Vivek Choudhary elected Chairman of Calcutta Freight Brokers Association at 80th AGM
  • Export of oilmeals up in July & first four months
  • APM Terminals Pipavav registers increased revenue in Q1FY19
  • 295 new underpass/overbridge projects to be completed by March 2019
  • Cabinet approves MoU between India & Korea on Trade Remedy Cooperation
  • Allcargo Logistics' Avashya Foundation empowering rural communities through environmental initiatives
  • Global coffee export up 2.6 pc in June
  • New Export Import Workshop batch from Sept. 22

IHS Maritimeweb site
AUGUST 9, 2018
  • Euronav: Tanker oversupply still holding back rates
  • DS Norden issues profit warning as tanker gloom outweighs strong dry bulk
  • Indian coal imports back in black
  • STX O&S tries to sell assets to raise working capital
  • Ciner Ship Management chooses scrubbers for 19 ships
  • Dry bulk recovery spurs Japan shipbuilding

The Loadstarweb site
AUGUST 9, 2018
  • Big spike in containership lay-ups mid-peak season a worry for owners
  • Bullish Lufthansa Cargo holds firm on €12 fee for use of paper air waybills
  • Walmart and JD.com invest $500m in Chinese logistics service
  • Lax airport checks make illegal wildlife trafficking easier
  • Post-Brexit shipping routes mean spoiled Irish food

Marine Logweb site
AUGUST 9, 2018
  • Gulf Island Fabrication reports second quarter results
  • New R-R stabilization system offers big benefits for ice-class ships
  • Maersk and IBM launch TradeLens blockchain shipping solution
  • VIDEO: Wilhelmsen drone project gets Singapore government funding
  • MARAD awards $4.8 million in Marine Highway project grants

Lloyd's Listweb site
AUGUST 9, 2018
  • The Lloyd's List Podcast: How to make money in boxes and how to avoid Iran sanctions risk
    Listen to the latest edition of Lloyd's List's weekly podcast - your weekly briefing on the stories shaping shipping in...
  • DP World arbitration win over Djibouti terminal unenforceable in practice, experts warn
    Compensation could now be best bet for ports multinational
  • Novoship appoints new president
    Managing director of SCF Management Services takes the helm at Sovcomflot unit
  • Maersk and IBM launch blockchain product
    Box shipping and tech giants have 94 partners lined up in blockchain trial, but only one other carrier has put...
  • Wallenius moves into profit but sees risks ahead
    The Oslo-based company said it would retrofit 20 vessels with scrubbers, bringing its total to 25
  • Euronav beats forecast and expects benefits from Gener8 merger
    Update: Chief executive Paddy Rodgers describes scrubber installation as a rush to mine "gold in the hills" for some...
  • Freight forwarders still face Felixstowe problems
    The British International Freight Association slams UK port's 'complete failure' of customer service
  • Viewpoint: Fuel fiasco
    It may take the shock of fines, detentions and port state control inspections to ensure that poor quality marine fuels...
  • Daily Briefing
    Crude escapes latest round of trade tariffs | Mixed bag of results reveal fragmented market fortunes | Angelicoussis switches strategy...
  • Star Bulk expects to prosper in the age of uncertainty
    Chief executive Petros Pappas says low order book is the main key to market's health while it is difficult -...
  • Sumec makes $335m takeover of Dayang Shipbuilding
    State-owned Sumec believes it will benefit from Dayang's eco-design dry bulker products

The Journal of Commerceweb site
AUGUST 9, 2018
  • Are US railroads missing out on intermodal volume?
  • US retailer report warns of tighter eastbound trans-Pac capacity
  • US chem sector jockeys for trucking capacity
  • Large US warehouse rent rise fails to blunt demand
  • Indian transshipment at foreign hubs jumped last fiscal year
  • IBM-Maersk blockchain effort builds with nearly 100 users

TradeWindsweb site
AUGUST 9, 2018
  • Aegean appoints new management team
    Bunker supplier picks new operations chief and interim finance boss post a flurry of executive departures.
  • TGS rides oil cash flows for a stellar quarterly performance
    Oil companies' asset swaps are filling the pockets of seismic players, while the next phase of the offshore recovery will rise on increased E&P budgets, TGS says
  • Hoegh Autoliners trims loss and sees better times ahead
  • Companies need to act ahead of new rules on lease accounting
    At the start of next year new international accounting rules will bring leases onto companies' balance sheets, with significant implications, write Michael Weaver and Ben Hanslip
  • French seismic player CGG stays in black after restructuring
  • Dole eyes Chinese newbuildings as fleet ripens for renewal
    Fruit giant said to have approached four shipyards as it looks replace older vessels
  • Trump started this fight, but does he know how to finish it?
    The US president may believe his aggressive tariffs against China are working, but even some of his supporters are expressing growing concern - and that should worry shipping
  • Unifeeder boss eyes going global after DP World takeover
    Pan-European feeder boxship operator aims to go worldwide after takeover by the Dubai-headquartered port operator
  • Dioryx readies to part with decade-old panamax boxships
    Low-profile Greek begins disposals of former Pan Ocean-chartered vessels
  • BW scoops FSRU job for Brazil's Port Acu plant
    Regasification player is set to supply a newbuilding for project that will become largest gas-fired power hubs
  • Hyundai Heavy tied to first-ever VLEC deal
    Sources say Delos contract adds to order for up to six VLECs at rival Samsung Heavy Industries.
  • Liquefied biogas offers glimpse of lower carbon fuelling future
    Cost, availability and ultimately demand will determine the development of this embryonic but renewable bunkers alternative
  • Alaska LNG talks shipping as it pushes towards sanction
    Project will need vessels that can handle some ice conditions and serve the north Pacific trades
  • Dynagas FSRU duo to have dual trade and regas roles
  • Excel heads to Middle East for Portovaya FSU conversion
  • PHP seeks to make its mark as green recycler with Vale demolition
    Private shipbreaking yard wants to be the first in Bangladesh to be recognised as a safe and green recycler
  • Shipowner questions Hong Kong flag over Lighthouse Winmore
  • Tanker market stirred but not shaken by Houthi VLCC attacks
    Analyst says new Saudi Aramco refinery may pose bigger security risk than tanker traffic
  • Was there more to Gurnee's remarks on older MR tankers?
    Ardmore boss seems to covet a vessel type that Diamond S Shipping happens to own in spades
  • Mowinckels on the lookout for tanker investments
    Shipowner says falling values make expansion in wet segment highly attractive
  • King Neptune joins BW Group FPSO crew for ceremony and cake
  • Supramax purchase shows intent of fast-growing Diligent Holdings
    Greek outfit makes its costliest secondhand supramax purchase - for $17.5m - while caution over rates and asset values see overall local buying activity slow during the summer
  • Buyer found for largest of three NEL Lines ferries up for auction
  • Demolition briefs
  • Pappadakis times it right to snap up another capesize
    Kassian acquires 10th bulker since 2016, ready to take advantage of rising market
  • Wilhelm Holst reveals promotion to CEO at Lorentzen & Stemoco
    Former L&S head of global shipbroking climbs ranks to land top job at Norwegian firm
  • Diana Containerships reaps improved rate
    Hire jumps 24% for one of four units remaining in Greek owner's fleet.
  • Paddy Rodgers sees 'gold in them thar hills'
    Euronav chief executive not completely sold on scrubber technology, questions oil-refinery readiness for IMO 2020 low-sulphur mandate.
  • Paddy Rodgers 'scratches head' over IMO readiness
    Euronav chief executive questions whether oil refineries will be ready for International Maritime Organisation's 2020 low-sulphur mandate.
  • Morgan Stanley upgrades GasLog amid trade war win
    Bank also jacks up its target price for Peter Livanos-backed shipowner.
  • AP Moller-Maersk and IBM target year end for blockchain roll-out
    Industry giants reveal name of their joint-venture which now has approaching 100 parties involved.
  • Harvey Gulf merger offer not good enough to win GulfMark
    Suitor would need to sweeten its proposal to snatch fellow offshore vessel operator GulfMark from Tidewater
  • Fafalios sells bulker after 17 years in fleet
  • Lunder earned more than $9m from private firm
    Former Fredriksen aide pursues Norwegian state for compensation over corruption allegations
  • Overseas Shipbuilding earnings remain flat
    Jones Act tanker sees slightly less revenue due to two less vessels on the water.
  • Dorian points to 'de-risked' balance sheet amid quarterly loss
    New York-listed VLGC owner and takeover target misses forecasts in three months to close of June.
  • Havila Shipping sells last PSV veteran
    Norwegian owner now has PSVs of 10 years old or less in its fleet.
  • Novoship appoints new president
    Alexey Khaydukov, a Sovcomflot executive, will still remain managing director of SCF Management.
  • Wallenius Wilhelmsen Logistics in $140m scrubber spree
    Norwegian shipowner says retrofitting project will allow it to tackle uncertainty around 2020 rule change.
  • Euronav's Rodgers: Further fleet rebalancing needed
    Newbuild orders remain focused on the VLCC sector, chief executive Paddy Rodgers says.
  • Wallenius Wilhelmsen drops on mixed second quarter reviews
    Analysts split on second quarter performance of Oslo-listed company.
  • Negligible impact from China-US trade spat, says Eagle Bulk
    Shipowner's comments come after a second successive quarter in the black.

American Shipperweb site
AUGUST 9, 2018
  • Antwerp testing autonomous vessel
    The Port of Antwerp has introduced a fully automatic sounding boat to measure water depth.
  • Orca Ace visits Vancouver
    The Port of Vancouver USA welcomed the M/V Orca Ace on her maiden voyage Wednesday.
  • Maritime strategy years overdue
    A congressionally mandated Department of Transportation study laying out a "national maritime strategy" is now more than three years overdue, according to a report released by the Government Accountability Office on Wednesday.
  • Shipping struggles with supply and demand
    The one constant in the container shipping industry is the challenge of supply and demand. Carriers have struggled with overcapacity for years, partly because they kept ordering bigger ships, but also because constant competition for market share led carriers to undercut each other on price and end up with non-compensatory rates and a whole lot of red ink.
  • ITC looking into wireless mesh
    The International Trade Commission will start an investigation into whether imports of certain wireless mesh networking products and related components thereof violate U.S. intellectual property rights (IPR) law.
  • Maersk, IBM start blockchain platform
    Danish shipping conglomerate A.P. Moller - Maersk and global technology company IBM on Thursday announced the launch of their jointly developed blockchain solution, TradeLens.
  • Houston garners new gantry cranes
    The Port of Houston's Bayport Container Terminal on Wednesday received three new neo-Panamax ship-to-shore cranes.
  • Airbus flying high in Mobile
    It's been three years since Airbus opened a final assembly plant for its A320 family of aircraft in Mobile, Ala., and the company's supply chain operation now is riding high.
  • On the Surface: Precision timing
    It's been more than a year since CSX implemented the controversial precision scheduled railroading operating model, and most signs show it paid off.

The Bunker Bulletinweb site
AUGUST 9, 2018
  • China's independent refiners import Canadian Cold Lake blend to replace Venezuelan Merey
    China's independent refineries will receive their first batch of Canadian Cold Lake crude blend in August as feedstock to produce asphalt
  • JXTG suspends Sendai shipments on typhoon, restarts Tokyo Bay
    Japan's largest refiner JXTG Nippon Oil & Energy on Thursday suspended waterborne oil product shipments at its Sendai refinery
  • Crude futures settle lower, extending decline
    Crude futures settled lower Thursday, following through on Wednesday's tumble. October ICE Brent settled 21 cents lower at $72.07/b
  • Bunker trader OCM announces new Hamburg team
    Bunker trader OCM announces new Hamburg team Bunker trader and broker OceanConnectMarine will open a new office in Hamburg, Germany
  • Bunker supplier Aegean announces new senior managers
    Global bunker supplier Aegean Marine Petroleum has appointed a new management committee after financial difficulties earlier this year

›››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%)
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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