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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
February 13, 2018
Sched Netweb site
  • US box imports to grow 4.9pc in first half, says Global Port Tracker
  • IMO plans to ban non-compliant fuel on board ships in 2020
  • Georgia ports to see massive capacity expansion over next decade
  • ZEABORN buys ER Schiffahrt; adds 61 box ships, 20 bulk carriers to fleet
  • Diana Shipping extends time charter contract with HK's BG Shipping
  • Containersed rail freight through Central Asia soared 75pc in 2017
  • Urgent action needed to curb growing cargo thefts from trucks in Germany
  • Amazon to launch express parcel delivery, says Wall Street Journal
  • Cargolux volumes of airfreighted fruit and veg rise 3.3pc to 2.4m tonnes
  • United, ANA expand cargo jv to cover westbound transpacific routes

International Transport Journalweb site
  • Ulaanbaatar Railways raises capacity by 20%
  • Structural changes at Swissterminal
  • Converting industrial bakery into logistics centre
  • New link between Rotterdam/Duisburg and Istanbul
  • Wessels and RMS launch cooperation
  • ANA/United cargo JV now in both directions
  • Ekol Poland starts services for Regatta
  • UTLC's box transport service grows by 75%
  • Maersk trusts the market
  • New appointments in Africa
  • Flying fish boosts Oslo airport's cargo business
  • Marbach moves to top floor at Nova
  • Globaltruck Management grew in 2017
  • AA Cargo awaiting Valentine's Day rush
  • Extended platform for G&W's rail service
  • Inauguration of new combi terminal at port of Gothenburg
  • Airport Budapest awards for best airlines in 2017

IHS Maritimeweb site
FEBRUARY 12, 2018
  • RollDock and SAL Heavy Lift pool 'dock' vessel capacity
  • Onorato and GNV order four ro-paxes in China
  • HOLISHIP: Defining performance indicators
  • Evergreen seals 12-ship charter with Shoei Kisen Kaisha
  • Insurers demand enhanced regulations as new mega vessels come online
  • Greek shipowners target distressed German tonnage
  • King Abdullah rises in the port rankings
  • STX O&S, Sungdong chiefs oppose more job cuts
  • EMAC expects to hear first case next year
  • Shell, Petrobras fix VLCCs for one year
  • Thoresen Shipping sells and buys to modernise fleet

The Loadstarweb site
FEBRUARY 12, 2018
  • Liner shipping M&A has 'destroyed $110bn of shareholder value' in 21 years, says report
  • Capacity constraints pushing forwarders toward block space air cargo agreements
  • Analysis: CEVA set fair, but will the big deal be an IPO or a bid by XPO?
  • New Loadstar LongRead: the fast-changing and faster-moving world of perishables
  • Alexis Labonne appointed new technology chief at HLT
  • Amazon to launch delivery service to compete with UPS and FedEx
  • No-deal Brexit would tie a knot of red tape for UK hauliers
  • Georgia eyes China's One Belt One Road to break dependence on Russia

Marine Logweb site
FEBRUARY 12, 2018
  • TUI Cruises set to order further vessel at Meyer Turku
  • President's infrastructure plan falls short on inland waterways
  • German ship manager opts for KVH's Connectivity as a Service
  • DFDS orders two RoPax ferries for Baltic routes
  • Schulte Group gets nod for PRONAV acquisition
  • AkzoNobel to develop UV-LED based fouling prevention solution
  • Wight Shipyard wins its first export order

Lloyd's Listweb site
FEBRUARY 12, 2018
  • Clyde opens Hamburg office after poaching four partners from Ince
    But Ince hits back with three promotions
  • Maersk results reveal Hamburg Süd profitability
    Pro forma figures show Hamburg acquisition a positive boost for Danish line
  • Strong growth in bauxite trade to boost bulker demand
    Trade growth in other commodities will also support bulker demand this year, says Cargill's head of research
  • Economic outlook 'best for shipping in a decade'
    But brace yourselves for massive interest rate rise, bank economist warns
  • Nordic American Tankers cosies up to Big Oil
    Suezmax player still holds its head high after fourth-quarter loss
  • LNG shipping rates moderate on Cove Point delays and ending of peak demand season
    Spot rates may continue to slide until US terminal begins export operation
  • MSC appoints new chief of container terminal division
    Ammar Kanaan to take over following Vikram Sharma's retirement
  • US trucking shortages likely to worsen
    Further road freight capacity and driver shortfalls expected when new regulations become fully enforced from April - until rate rises...
  • Keppel issues statement after lawsuit report
    Singapore-based shipbuilder responds to news report it faces another lawsuit from EIG Global Energy Partners by saying it has yet...
  • Power List 2018: Dry Bulk
    With the commodities spectrum seeming firmly on the recovery trail, we highlight the most influential figures in dry bulk shipping...
  • Daily Briefing
    Picking the most influential figures in dry bulk shipping has never been an easy task, but Lloyd's List has sought...
  • Evergreen agrees charter for 12 boxships
    Agreement with Japanese tonnage provider Shoei Kisen Kaisha completes fleet expansion programme
  • Chinese buyers linked with Germany's DVB Bank
    Parent DZ Bank has had to make large provisions for bad loans in shipping
  • Ocean Yield signs Kyklades 15-year VLCC sale and leaseback deal
    Vessels scheduled for delivery between the second and third quarters of 2019
  • MSC close to finalising five-year ship refit programme
    More than 250 boxships in the fleet have had new bulbous bows and propellers fitted to cut emissions and raise...
  • Essar Shipping eyes fleet expansion
    Indian owner plans to acquire both dry bulk and tanker vessels, says chief executive Ranjit Singh
  • MSC orders eight LNG-ready ropax newbuilds in China
    First vessel to be delivered in 2020
  • South Korea container lines launch joint service
    New offering set to start from February 16
  • Autonomous ships on the radar for BPA
    Minor ports could benefit from large numbers of small autonomous vessels serving them in the future, says policy manager Mark...

The Journal of Commerceweb site
FEBRUARY 12, 2018
  • East-Pac spot rates among lowest in six years amid Lunar New Year rush
  • Limited services on Italy's disrupted Milan-Med rail link
  • RollDock, SAL say heavy-lift dock pool will offer customer more options
  • French state aid hints to change in rail freight policy
  • Russia container rail proposal draws shipper criticism
  • PSA working to minimize rail impact on JNPT Hapag-Lloyd call
  • Container lines resist US door delivery exposure

TradeWindsweb site
FEBRUARY 12, 2018
  • Investor raises stake in Golar LNG
    Barrow, Hanley, Mewhinney & Strauss acquires 6.7 million shares in New York-listed general partner.
  • OSG looks to amend and extend debt
    Credit ratings agencies mostly positive on US-based products tanker owner's move to lengthen due date on debt.
  • Cruiseship offers retirement at sea
    Cruise Retirement is transforming a former ferry and passengership into a 'floating retirement home.'
  • DOF Subsea gets short-term hire extensions
    Offshore vessel owner gets to extend employment of CSVs and PSVs, while subsea services wins IMR deals.
  • Sovcomflot gets $106m loan for Arctic shuttle tanker
    The newbuild for Russian tanker owner is part of Novy Port project through long-term agreement with Gazprom Neft.
  • GoodBulk straight in as top pick at Clarksons Platou Securities
    Analysts forecast a profit of more than $100m is on the cards for shipowner in 2019.
  • Klaveness eyes up newbuilding options
    Lasse Kristoffersen says the company holds advantageous optional slots in China.
  • DFDS orders $296m ro-pax duo in China
    Danish owner heading to GSI for Baltic freight and passenger vessels.
  • Teekay's debt crowding out daughter payouts
    Sell-side equity analyst note says the parent firm's high debt load will limit further share appreciation.
  • MSC Group names new leader of terminal arm
    Chief executive of Swiss boxship owner's Terminal Investment Limited is retiring.
  • Cosco Shipping Leasing to raise $320m
    Asset-backed securities sale will be used to pay off loans.
  • Samsung Heavy cancels $650m drillship deal
    Client failed to submit resumption notice after delivery delay.
  • D'Amico International fixes out third LR1 newbuilding
    Trafigura continues to show taste for Vinashin-built ships with latest charter.
  • Nordic American Tankers cuts loss as new loan nears
    Suezmax specialist expecting upturn in market this year.
  • Clarksons analysts questions 'irrational' dry cargo stock slump
    Decline comes as part of a wider fall in shipping equities after a positive 2017.
  • RollDock, SAL form first dock vessel pool
    Dutch and German owners team up with fleet of six ships.
  • Nova Algoma Shortsea Carriers adds to growth spurt
    Wessels Reederei ship latest to be picked up by Nova Marine and Algoma Central venture.
  • Ince quartet head to Clyde & Co
    New partners being appointed in Hamburg after defection of Tim Schommer and others.
  • Evergreen Marine and Shoei Kisen ink newbuilding charter
    Long-awaited contract for 11,000-teu vessels has today been officially confirmed.
  • VLCC deal and Pareto Securities upgrade lift Ocean Yield
    New buy rating follows transaction that took Rokke-backed company into the VL arena.
  • Oceanteam moving and merging to avoid liquidation
    Row over lack of auditor means deal with Dutch unit to avoid Norwegian rules.
  • ABN Amro reverses loan losses
    Strong Dutch economy means release of $42m of provisions.
  • Seatrade execs face jail over demo deal
    Prosecutor calls for prison sentence over sale of four reefers.
  • Morgan Stanley raises rating on DHT Holdings and Euronav
    Upgrades come hot on the heels of a selldown in global equities.
  • Sir Michael Bibby standing down as CEO
    Long-serving Bibby Line Group boss to remain a director after leaving top job.
  • Hyundai Mipo claims ballast-free first
    Korean yard says new Schulte LNG bunkering ship requires no ballast water.
  • MSC and Moby order cruise ferries in China
    Italian owners team up on deal for up to eight 'biggest ever' ro-paxes at GSI.
  • Vallianz third quarter profit shrinks 43%
    Singapore-listed OSV operator hurt by write-down of bad debt from Mexican joint venture.
  • Thoresen ties up first deal of 2018
    Thai-backed dry bulk shipowner buys one ship, but denies market talk of second deal.
  • Chinese banks said to be eyeing bid for DVB
    China's grip on ship finance set to strengthen with potential bid for German shipping lender.

American Shipperweb site
FEBRUARY 12, 2018
  • Trump plans 'reciprocal tax' on trade
    President Donald Trump plans to implement a "reciprocal tax" on countries that "take advantage of the United States" with regard to trade, ...
  • ONE to join three Asia-WCSA loops
    The Ocean Network Express (ONE), the newly combined carrier formed from the container divisions of Japanese firms NYK, "K" Line and MOL, wi...
  • NRF: U.S. container imports to grow 4.9% in first half 2018
    Ports covered by the NRF's Global Port Tracker report handled 20.5 million TEUs of imports in 2017, a year-over-year increase 7.6 percent. ...
  • White House releases broad infrastructure plan
    President Trump's infrastructure plan released Monday sets forth a grant incentive program that aims to attract "significant new, non-Feder...
  • Uber reaches settlement with Waymo in trade secrets trial
    Ride-sharing application provider Uber has reached a settlement with Waymo, the autonomous vehicle development subsidiary of Google parent ...
  • Hyundai Heavy Industries' net loss sinks deeper in Q4 2017
    Hyundai Heavy Industries (HHI) posted a net loss of KRW 572.3 billion (U.S. $524.8 million) for the fourth quarter of 2017, compared to a n...
  • Evergreen charters a dozen 11,000-TEU ships
    Evergreen Marine Corp. said Monday it has entered an agreement with Shoei Kisen Kaisha to charter 12, 11,000-TEU containerships. The plans...
  • CaroTrans expands Central American presence
    Non-vessel-operating common carrier CaroTrans has strengthened its presence in Central America by entering into a partnership with Globelin...
  • Commentary: Trade needs a referee
    The trade community has been wrapped up over the past few months in a debate over whether the Trump administration wants to truly subvert t...

The Bunker Bulletinweb site
FEBRUARY 12, 2018
  • Venezuela seeks five-year extension of OPEC/non-OPEC output cuts
    Venezuela has proposed extending the OPEC/non-OPEC production cut agreement for five years, oil minister Manuel Quevedo told S&P Global Platts on Monday.
  • Oil complex under pressure, despite dwindling surplus
    Crude stocks remain above 400 million barrels.
  • Bunkering backlog at Gibraltar after UK aircraft carrier's visit
    Traders said between 10 and 16 vessels were waiting to bunker Monday and that it would likely take up to two days to clear the backlog.
  • Russia's Lukoil offers RMD fuel oil in Black Sea: source
    Lukoil stamped its first contract to supply 1,500 mt of RMD fuel oil in the port of Novorossiisk this week.
  • Turkish navy stops Eni production vessel near Cyprus: sources
    The Turkish navy blocked a floating storage and production vessel contracted by Italy's Eni to explore off the off the coast of Cyprus.
  • External: Praxis Energy Agents S.A
  • IRAQ DATA: Jan production stable, but exports drop 82,000 b/d from Dec - SOMO
  • MALAYSIA DATA: Fuel oil, LPG, LNG output falls on year in Dec
    Fuel oil production saw the biggest year-on-year drop of 15.1% to 265,417 mt.
  • FUTURES: Crude up on recovering Asian equity markets
    Meanwhile, US oil rig count has increased under recent strong flat price environment.

›››File
FROM THE HOME PAGE
PORTS
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
ENVIRONMENT
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
COMPANIES
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
PORTS
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INDUSTRY
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
PORTS
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
COMPETITION
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
ENVIRONMENT
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
LOGISTICS
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
SHIPPING
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
PORTS
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
SHIPPING
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
SHIPPING
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
PORTS
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
SHIPPING
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
PORTS
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
EDUCATION
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
MEETINGS
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
MOURNING
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
SHIPPING
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
PORTS
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
LOGISTICS
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
PORTS
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
SHIPYARDS
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
SHIPPING
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
PORTS
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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