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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:39 GMT+1
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BRIEFS
June 14, 2018
Sched Netweb site
  • Maersk's APMT opens Aqaba to Iraq, rivals ICTSI in Basra
  • President Xi blasts protectionism, calls for open world
  • Chittagong needs more inland container depots to improve
  • Protectionism the cause of slowing growth in world ports
  • Hamburg to boost barge use from 2pc to Antwerp's 25pc
  • Singapore's MPA signs for B-QUA ballast water testing kit
  • CMA CGM upgrades its Indian Ocean feeder network
  • Charleston harbour dredging gets US$49 million grant
  • Kalmar to upgrade NKK quay crane in Port of Bristol
  • Oman January non-oil exports up 34pc to US$707.6 million
  • Singapore's Temasek to buy Hainan Airlines stake
  • Brazilian truck strike 'cost LATAM Airlines US$13 million'
  • IATA downsizes 2018 air carrier profitability forecast
  • Lufthansa signs WFS ground handler at Newark Liberty

Exim Indiaweb site
JUNE 13, 2018
  • APL extends its guaranteed offering to Asia-Europe network
  • Hapag-Lloyd invites applications for first-ever Albert Ballin awards
  • IMO taking steps to standardise data for effective electronic business
  • LNG trade sees largest annual volume increase last year
  • ONE's first newbuilding in its corporate colours to cover key hubs on Asia-North America East Coast trade
  • Cashew exports may take a hit this coming fiscal
  • Exporters of Basmati rice & tea wary of US trade sanctions on Iran
  • Sagarmala going full steam ahead
  • VCT sees cabotage relaxation as a positive development
  • Rail freight climbs 7 pc thanks to increase in coal loading
  • Cotton crop estimated higher
  • Refund drive for exporters extended
  • Strong growth expected in India despite global challenges

International Transport Journalweb site
  • 50 platforms delivered to timber factory
  • Kuenz introduces the Freerider
  • Getting nearer to the Asian market
  • Marken opens new facility in Chicago
  • New transport specialist at AKD
  • HHLA paying higher dividends
  • Saudia Cargo crosses Europe to enter competition
  • Germany: new wagons for grain haulage
  • K+N and Bosch growing closer
  • APL's Eagle widens its radius
  • Gerdes discarded by DP DHL
  • Swiss gain foothold in Russia
  • New finance software for Europa
  • More capacity for CMA CGM India network
  • Swissterminal adds links to south and west
  • Deugro opens in Vietnam
  • Hactl helps ABC to unload outsized cargo
  • Qatar Cargo has big plans for Basel
  • The new choice: France, a partner for your trade...

IHS Maritimeweb site
JUNE 13, 2018
  • Is LNG the marine fuel of the future for dredging?
  • IMO pushes for single window at ports event
  • CSSC overhauls senior management under new leadership
  • US-listed companies retain strong access to bank debt
  • VLGC consolidation: Will larger players reap pricing power?
  • Interest in wind power grows to help shipping achieve CO2 emission targets
  • FSU pair head for scrap in Bangladesh as Pakistani prices slump

The Loadstarweb site
JUNE 13, 2018
  • Forwarders and carriers 'in the dark' as new IT system at Felixstowe sparks delays
  • Investors getting nervous as doubts are raised over COSCO takeover of OOCL
  • The axe falls at DHL as PeP division is revamped after a poor first quarter
  • Interview: Waberer's CEO on its next deal, the share price and truck driver shortage
  • Ongoing air cargo terror threat prompts new US decree
  • Knowledge is key in the supply chain's battle to keep out counterfeit goods
  • Conman gets eight years for defrauding Allseas

Marine Logweb site
JUNE 13, 2018
  • Keppel O&M delivers second high spec jack-up to Borr Drilling
  • New fuel savings solution is backed by a contractual guarantee
  • Twin Disc to acquire Veth Propulsion

Lloyd's Listweb site
JUNE 13, 2018
  • Is unknown bias holding your company back?
    Recognising diversity of thought, action and different ways of being helps to create value within business
  • Tidships makes $32m offer to buy Belships
    Offer for Oslo-listed supramax owner pegged at NKr5.5 per share, a 10% premium to Tuesday's closing price
  • E-commerce vital to future logistics profits
    Changing distribution model requires infrastructure changes
  • Carrier reliability: A day late and a dollar short
    Efforts by Maersk and MSC to improve schedule reliability are to be applauded and can come none too soon for...
  • The Indian upstart's path towards digitalisation
    Shipwaves plans to set up offices in Middle East and Southeast Asia
  • Long-term Dorian shareholders back BW LPG merger
    Shareholders are competent to evaluate the offer and should control their destiny, says institutional investor Carl Oppenheimer
  • Euronav completes merger with Gener8 Maritime
    Euronav chief executive Paddy Rodgers says merger 'provides the crude tanker market with a global player of substantial size'
  • Face-off over sulphur cap is turning ugly
    With just 18 months until the sulphur cap goes live, shipowners have issued a challenge to IMO. Who will blink...
  • APL extends guaranteed service to Europe
    Priority access to slots and equipment will be extended to destination ports in Europe
  • MPC raises $50m for further fleet expansion
    Private placement raises funds as owner sells 7.25m shares
  • Daily Briefing
    Petros Pappas orders 22 scrubbers for Star Bulk capesize fleet | ABN Amro commits to shipping | Maersk moves to...
  • State-owned Yingkou Port defaults on $83m debts
    Default comes as Yingkou, a major sea port in northern China, has been borrowing heavily in recent years to expand...
  • Maersk and MSC plan more 2M ship speed cuts in punctuality drive
    Many ports are unable to handle the new generation of 20,000 teu ships efficiently, which is adding to delays across...
  • Australian consortium to build LNG import terminal in Port Kembla
    New terminal is to begin operations by 2020. The project is likely to require a capital investment of between $152m...
  • Nakilat forms FSRU joint venture with Excelerate
    The 2009-built FSRU, Exquisite has a capacity of 150,900 cubic metres
  • Jakob Stausholm joins Rio Tinto as financial chief
    As the former financial chief in Maersk Group, Mr Stausholm has more than 20 years' experience in senior finance roles...

The Journal of Commerceweb site
JUNE 13, 2018
  • Bunker fuel surcharges a warning of low-sulfur rule pain
  • European Commission to review ocean carrier block exemption
  • Rejecting exit rumors, SM Line says trans-Pac services still strong
  • New PSA terminal at JNPT notches May productivity gains
  • Shippers to EU: Bunker surcharges are price signaling
  • APL expands guaranteed service to Asia-Europe trade

TradeWindsweb site
JUNE 13, 2018
  • TOTE Maritime fills senior roles from within
    Changes in executive leadership come following the retirement of chief executive.
  • Pasha Hawaii ups box capacity on two ships
    US-flagged carrier says it's marking third anniversary of Hawaii service with capacity boost.
  • Petronas heralds first breakbulk LNG STS
    Company VP says Asian buyers prefer to grow their business by importing smaller parcels
  • Golden Ocean buys back $3.6m in bonds
    John Fredriksen's drybulker owner now owns 12.2% of convertible bond issue.
  • ING scores win in OW Bunker appeal
    Secured creditor of bankrupt bunker supplier does have a claim appeals court rules.
  • Tennenbaum Capital emerges as major EuroDry shareholder
    California-based investor owns almost a quarter of Euroseas spin-off' following a common distribution.
  • Monjasa buys chartered-in tanker
    Danish group snaps up Fredericia to continue English Channel bunkering.
  • DFDS adds freight ro-ro to orderbook
    Danish owner to meet demand with new vessel contracted in China.
  • Jebsen, Thun JV adds cement carrier at Ferus Smit
    JT Cement returns to Dutch yard for bigger sistership.
  • Loss grows at Boa Offshore
    OSV markets remain tough, but owner sees higher income from 2019.
  • ONE gets its first bespoke newbuilding
    NYK vessel delivered in joint venture's distinctive magenta livery.
  • Lomar banks 120% profit on containership in two years
    UK owner turns seller again as fleet renewal gathers pace.
  • Stonepeak 'eyes $500m Tidewater T&T sale'
    Fund said to be looking to sell Canadian barge and terminal group.
  • NAT confirms suezmax newbuilding charter
    Herbjorn Hansson says Equinor deal could stretch to 2023.
  • Economou's DryShips stake up again on buybacks
    Founder now holds nearly three of every four shares in diversified owner after overall float drops once more
  • Carnegie rates Hunter a buy
    Analyst weighs in on VLCC newcomer as it goes for $6.5m through secondary offering.
  • Tidships makes $32m offer for Belships
    Otto Tidemand's daughters Caroline Tidemand and Kristin Tidemand Eckhoff want to merge the Norwegian owners' bulker fleets after Sverre Tidemand indicated he wanted out.
  • Trafigura profit slashed as oil market shifts
    Trader and shipowner hit by challenging conditions in first six months.
  • Subsea 7 lands $50m-plus Egyptian deal
    Burullus Gas wants six new wells connected in the second half of 2019.
  • MPCC raises another $50m for ship buys
    Oslo-listed owner completes private placement in Norway.
  • VIDEO: 'Important milestone' as Euronav completes Gener8 deal
    Paddy Rodgers says crude tanker market has a $2bn global player of substantial size.
  • Teekay Offshore Partners plans $500m bond issue
    Proceeds from fundraiser to go towards outstanding US and Krona-denominated bonds.
  • Ship Finance confirms Lemos cash and shares deal
    John Fredriksen company nabs four boxships.
  • Borealis' $40m for boxship trio takes year's spend to $80m
    Borealis Maritime is forking out around $40m to buy three more secondhand feeder and traditional panamax containerships. The UK shipmanager has acquired the 3,534-teu Circular Quay (ex-Gustav Schulte, built 2009) for $11.3m. It is also believed to be spending a shade under $29m enbloc for the 4,250-teu CPO Miami and CPO Jacksonville (both built 2009). TradeWinds estimates the total spent on con
  • AP Moller Maersk arm launches China Europe rail service
    Danish giant's logistics subsidiary says service will knock 20 days off ocean freight times.
  • Great Eastern offloads another supramax
    Indian owner sells its second veteran bulk carrier this year as it looks to bring down fleet age.

American Shipperweb site
JUNE 13, 2018
  • White House aims to stop Congress from blocking ZTE deal
    The White House will seek to block the congressional passage of a provision included in the Senate version of annual defense authorization ...
  • Port of Cleveland CEO elected Green Marine chair
    William D. Friedman, president and CEO of the Port of Cleveland, has been elected chairman of the Green Marine's Board of Directors. Fried...
  • Pasha Hawaii replenishing reefer fleet
    Pasha Hawaii's Horizon Enterprise arrived in Oakland Tuesday carrying 600 new refrigerated containers as part of its container-replenishmen...
  • APL offers Eagle GO Guaranteed from Asia to Europe
    APL said it will extend its Eagle GO Guaranteed product to services operating from Asia to North Europe and the Mediterranean. Eagle GO ...
  • MPCC raises $50 million for more ships
    Oslo-based MPC Container Ships has raised roughly $50 million for additional vessel acquisitions, the company said in a statement. The fas...
  • Washington ports go for 57 feet
    As the Northwest Seaport Alliance (NWSA) nears the third anniversary of its formation, the agency is moving forward with improvements so th...
  • U.S. steel exports steady in April
    Exports of steel from the United States were relatively steady in April despite fears of a looming trade war with the two largest buyers of...
  • Ocean Transport: Ever viable Panama Canal
    The Panama Canal continues to prove itself a vital artery for the world's maritime commerce and the demand among carriers and shippers for ...
  • Trade battle lines drawn
    As the Trump administration continues to draft tariffs against what it deems to be unfair trade from China, American shippers and importers...

The Bunker Bulletinweb site
JUNE 13, 2018
  • Saudi-led forces launch assault on Yemen's key Red Sea port of Hodeidah
    Saudi-led coalition forces launched a major air and naval assault on Yemen's Red Sea port of Hodeidah early Wednesday, according to media reports, marking a turning point in the three year conflict, and escalating tensions in the Gulf region.
  • US' Trump takes aim at OPEC for 'too high' oil prices
    US President Donald Trump took aim at OPEC on Wednesday, blaming the producer group for "too high" oil prices ahead of its meeting next week in Vienna.
  • FUTURES 4: Oil firms after EIA data shows across-the-board draws
    Oil futures rose Wednesday after US Energy Information Administration weekly data showed draws in crude, gasoline and distillate stocks.
  • ARA-Med HSFO arbitrage flurry to be short lived: traders
    The newly revived Northwest European arbitrage to the Mediterranean is likely to be short lived as the rush to ship cargoes from other locations will overload the market, traders say.
  • Argentina eyes becoming net oil exporter in 2020 as shale output grows
    Argentina is on track to become a net oil exporter by 2020, led by growing output from the Vaca Muerta shale play, Energy Minister Juan Jose Aranguren said Wednesday.
  • NWE RMK 500 CST bunker fuel demand weakens on fewer fixtures east
    Demand for Rotterdam higher viscosity RMK 500 CST fuel has weakened over the past six weeks or so amid a lack of VLCC fixtures eastwards, traders said.
  • Shipping company Star Bulk Carriers orders 22 additional scrubbers
    Athens-based dry bulk shipping company Star Bulk Carriers has ordered 22 additional scrubbers to allow its vessels to continue burning high sulfur fuel oil in 2020 after global marine fuel sulfur limits are cut to 0.5%.
  • External: Marine Bunkering(Rotterdam)B.V.
  • FUTURES: Crude lower on US stocks data, EIA output forecast
    With the historic US-North Korea summit wrapping up in Singapore Tuesday, attention was now back on US inventory reports for the week.
  • Physical delivery of May ICE LSGO futures up to 602 lots
    The main buyers were said to be Glencore and Valero, while the main sellers were said to be BP, Mabanaft, Total and Vitol.
  • EU in daily talks to shield trade from Iran sanctions
    "We have set up a network of national focal points of all EU states to further coordinate and intensify our work," Mogherini said.
  • EIA STEO Highlights: 2 mil b/d world supply increase may by upended by OPEC, Russia
    Depending on the outcome of the June 22 meeting, the magnitude of any supply response is uncertain, EIA 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%)
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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