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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:27 GMT+1
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BRIEFS
September 18, 2018
Sched Netweb site
  • CMA CGM Q2 volumes surge nearly 10pc to 5.2m TEU
  • Continuing Sino-American trade war risks record laid-up idle tonnage
  • China not happy to just play defense in trade war: China report
  • US-China trade dispute drive US, European firms to cut investment in China
  • Port of Colombo takes the crown as fastest growing among top world ports
  • Maritime HR and Crew Conference in London October 24-25
  • TIACA air freight conference to be held in Toronto from October 16-18
  • Air Charter Service celebrates 10th anniversary in Hong Kong
  • FlyKargo embarks on US-Puerto Rico air cargo pilot programme with JetBlue
  • Budapest Airport expands infrastructure in one giant leap forward

Exim Indiaweb site
SEPTEMBER 17, 2018
  • Casualty investigation report gives important recommendations
  • CMA CGM set to launch 5th feeder service to West Africa
  • GBA backs up business confidence with largest-ever fleet expansion
  • Global Logistics Solutions contributes to relief efforts in Kerala
  • Maersk to change fuel adjustment surcharge ahead of 2020 sulphur cap
  • MOL Magsaysay Maritime Academy opened in the Philippines
  • NYK selected for DJSI for 16th consecutive year
  • Twill changes brand affiliation fromDamco to Maersk
  • Hong Kong port operations resuming after Typhoon Mangkhut
  • Leading port authorities combine forces in Climate Action Program
  • Major Ports' traffic up over 5 pc during April-Aug.
  • Celebi launches bonded trucking from Ahmedabad to Celebi Terminal Delhi IGI Airport
  • DGFT simplifies procedure for traders to avail export incentives under MEIS
  • M. Sreedharan, Consulting Editor of Exim India, contributes ' 1 lakh to Kerala Chief Minister's Distress Relief Fund

International Transport Journalweb site
  • Renovation and digitalisation driving railway market
  • Spain: testing twin trailers for ecological benefit
  • Corpus Christi resumes ops after Invest 95L
  • In mourning for Benjamin Hoefflin
  • Rabelink enlarging on several fronts
  • Tiaca and Amacarga tie knot
  • Wanted: partner for Swiss freight railway
  • ACS sets up cargo department in Geneva
  • Logistics community created in port of Guayaquil
  • GM quartet joins GAC UK
  • Port of Antwerp awarding new concessions
  • Inauguration of Southern Westphalia container terminal
  • Rose takes top slot at ACL
  • Drawing up plans for Qatari logistics park
  • "Curiosity of the Day"
  • Turkish blackberries eastward bound
  • Teesport: new hub for Scandinavian imports

IHS Maritimeweb site
SEPTEMBER 17, 2018
  • More overcapacity ahead for Caribbean transhipment ports
  • Thomas Miller builds Hamburg base with Zeller acquisition
  • Prepare sulphur cap plans 'as soon as possible', shipping urged
  • Premiums do not cover the cost of risks, marine insurers told
  • Maersk revamps bunker surcharges ahead of IMO sulphur cap
  • TT-Line contract for ropax newbuilding likely to be announced within 'weeks'
  • IUMI launches new marine loss database
  • LNG carrier spot rates steam towards six-digit levels on strong demand
  • Update: Hong Kong port operations resume following typhoon suspensions
  • M&A rumours swirl in Singapore's OSV sector
  • Marine insurers warned of a triple whammy ahead
  • Western Cape premier calls on shipping to drive Africa's growth
  • China's Wuhu Shipyard bags Ultramax order from newcomer Dingxin Shipping
  • South Korean president tells shipbuilders to recapture market leadership
  • Wan Hai chairman accused of breach of trust
  • ICE launches new US Gulf Coast tanker futures

The Loadstarweb site
SEPTEMBER 17, 2018
  • Maersk warns customers they must help pay its bigger fuel bills after 2020
  • Volga-Dnepr 'no-brokers' edict splits industry: a lack of trust, or a wise move?
  • DHL splits e-commerce business, breaking up poor-performing PeP division
  • Hakovo claims a first with global electronic bill of lading backed by P&I clubs
  • Latest fundraising round in Singapore adds $44m to Freightos war chest
  • Red tape tying up Defra efforts to ease transport of food exports after Brexit

Marine Logweb site
SEPTEMBER 17, 2018
  • Blount Boats to build double ended ferry for South Ferry Company
  • Keppel Singmarine delivers second dual fuel LNG ASD tug
  • VT Halter Marine wins Navy order worth potential $244 million
  • American Queen orders 245 guest paddlewheeler
  • Maersk to cover cost of sulfur cap via "Bunker Adjustment Factor"
  • LPG-fueled EXMAR duo to have Wärtsilä cargo and fuel gas systems
  • Keppel O&M and GTT in new joint agreement on LNG solutions
  • ICS offers free guidance on IMO sulfur cap compliance
  • Halifax Shipyard launches Canada's first AOPS
  • Havyard books order for two more windfarm service vessels

Lloyd's Listweb site
SEPTEMBER 17, 2018
  • IUMI: Safety and regulation dominate ocean hull debate
    But ultra-large container carriers pose fire challenges for crew, while culture is the key to better safety
  • IUMI: Hull rates now 'unsustainable'
    Rates are thought to have hardened in recent months in London following pressure on syndicates by the Corporation of Lloyd's...
  • Cheniere signs 15-year LNG supply deal with Vitol
    New deal follows agreements with GasLog and Trafigura as liquefied natural gas production undergoes exponential growth in the US
  • Ports of Wilmington and Morehead City remain closed in wake of Florence
    Both ports are closed through Wednesday
  • Storms bring significant supply chain disruption
    US and Asian port disruption following severe weather events in the Atlantic and Pacific will lead to delays in cargo...
  • US box imports continue to set records
    With more tariffs likely any day, shippers have been bringing cargoes in to the US at a record pace
  • Exmar's new gas carriers to run on LPG
    The vessels, designed by Finland's Wärtsilä, will be game-changing, says Exmar's managing director of shipping
  • IUMI: Lloyd's will 'invite' closure of unprofitable marine lines
    Hard-pressed shipowners may end up having to fork out double the current 0.1% of hull value to get vessels covered...
  • Tanker demand will rise if Iranian export gap can be filled
    A large part of the VLCC fleet operated by NITC will be taken out of the market once the US...
  • Thomas Miller to acquire Zeller's insurance services
    The London-based insurer takes over two Zeller's service areas, which include Hanseatic Underwriters
  • UK radar satellite offers 'maritime mode' to monitor illegal shipping activity
    The first UK-manufactured SAR aircraft will be able to identify when AIS signals have been turned off
  • Global shipping loan portfolios drop to $345bn
    Petrofin Bank Research said another $10bn has been knocked off the portfolios of the top 40 banks over the past...
  • Carriers deserve credit for surge in transpacific rates, says SeaIntel
    Carriers restricted increases to slot capacity to just 3.6% in August compared to the 9% added during the previous two...
  • Maersk to introduce new bunker adjustment mechanism
    Maersk's new bunker adjustment factor will combine fuel costs with average trade lane consumption to calculate customer fuel price surcharge
  • US grain expands Southeast Asia market since Chinese tariffs
    The mix of world buyers purchasing US grains represents a shifting dynamic in the market, says the US Grains Council
  • IUMI: Berg exits with positive outlook for marine insurance
    But Munich Re broker highlights potential political risks, including rise of right-wing parties with negative attitude to global trade
  • Infrastructure issues prevent US oil producers from smoothing supply risks
    Despite trucking and pipeline woes in the US, oil production is expected to increase by 1.7m bpd in 2018 and...
  • Turkey commits to Istanbul canal project
    Turkish government reaffirms intention to take on the 45 km-long project that will link the Black Sea with the Sea...
  • Daily Briefing
    Why shipping is finding it tough to break IPO drought | Lloyd's List Podcast: From Brexit to IUMI | State...

The Journal of Commerceweb site
SEPTEMBER 17, 2018
  • NY-NJ's Waterfront Commission to argue for end of agency dissolution case
  • US West Coast truckers turn to owning, leasing chassis but extent unclear
  • India firm's interest in Sri Lankan port upgrade advances
  • Maersk fuel surcharge underscores test to recoup low-sulfur costs
  • Goods distributors face upward climb to fully leverage freight visibility
  • New Freightos funding propels indices and associated futures

TradeWindsweb site
SEPTEMBER 17, 2018
  • Lurssen blaze burns crisis hit hull market
    $700m claim heading marine insurance market's way
  • Shipping bank loans decline by $10bn in 2017
    Leasing firms linked to international Far Eastern banks take increasing share in global ship finance.
  • Carnival urged to stop burning heavy fuel oil
    Protesters gather at Holland America's Seattle pier, create sculpture of polar bear on tiny iceberg.
  • Maritime chamber offers free IMO 2020 guidance
    International Chamber of Shipping publishes 32-page reference guide on complying with pending International Maritime Organization's low-sulphur mandate.
  • Fredly snaps up extra shares in Hunter
    Architect of Norwegian company's tanker entry grows his holding.
  • Torm tipped to part with veteran tankers
    Brokers report double sale which would see Danish owner dispose of two older ships.
  • Rock 'n' roll Skuld CEO gets guests on their feet
    Chief executive Stale Hansen took to the stage again to entertain more than 150 guests after Skuld's annual general meeting in Oslo. Norwegian vessel sent for scrap accused of causing Turkey spill Hansen, a keen drummer, could not pass up the opportunity to get his band together and belt out some familiar numbers for this year's gathering, ranging from grunge to modern pop. The performance had
  • Rickmers Holding to end court self-administration
    Former Bertram Rickmers company exiting latest phase of court insolvency process after business sold.
  • Landbridge places third VLCC with Navig8
    UK-headquartered group has continued the summer growth of its pools.
  • POSH appoints Edward Chiu as CFO
    YCH Group finance chief joins Singapore OSV owner.
  • Ausca inks new Diana deal as BDI dips again
    New York-listed bulker owner inks in another time charter at an improved rate.
  • LNG rates hit five-year high with stocks turning upwards
    Analysts suggest further improvements are on the cards given current supply and demand dynamics.
  • Samskip runs vessel on recycled cooking oil
    GoodShipping Program claims first fossil-fuel-free trip for boxship.
  • Donald: 'Very small' cruise industry has room to grow
    Cruise companies are responding by creating demand and great experiences, says Carnival chief executive Arnold Donald
  • Port workers die in hold of woodchip carrier
    Vietnamese duo reportedly suffocated inside Uni Fortune.
  • Ocean Yield FPSO charter set to end
    Reliance Industries calls time on contract for FPSO Dhirubhai-1.
  • Unifeeder brings in Astromare feeder
    Larger vessel boosts line's UK-Baltic Sea trade following DP World takeover.
  • Thomas Miller buys Hanseatic P&I manager Zeller
    UK P&I Club manager agrees third acquisition in nine months.
  • Maersk asking shippers to meet low-sulphur fuel costs
    Bunker surcharge aims to recover some of $2bn in extra expenses involved in complying with new IMO rules.
  • Esvagt behind Havyard's offshore vessel order
    Danish owner has signed up for another two windfarm service ships.
  • GTT brings its LNG containment systems into line
    French designer receives initial approval for new lower boil-off version of NO96 favoured by DSME and Hudong-Zhonghua shipyards
  • Wartsila claims LPG fuel first for Exmar newbuilds
    Finnish group providing cargo and gas fuel system for two new ships.
  • Credit Suisse criticised over Petrobras, PDVSA accounts
    Swiss watchdog FINMA finds deficiencies in anti-money laundering processes.
  • European fund snaps up Admiral Shipping
    UAE owner offloads containership operations to unnamed investor.
  • Owner overturns liability ruling in victory over Arab Bank
    Sea Master Shipping can pursue lender for demurrage arising from bill of lading dispute.
  • Seaspan Corp prepays two credit facilities
    De-leveraging move increases pool of unencumbered containership assets to 18 vessels.
  • US ports start to reopen in wake of Florence
    Coast guard works to restore normality with facilities looking to have escaped worst of hurricane.
  • Panama expects fewer ships if trade war escalates
    But South American waterway hopes Brazilian grain exports and US LNG can help fill the gap.

American Shipperweb site
SEPTEMBER 17, 2018
  • Executive Moves: CPA and BIFA
  • Mast steps up to helm maritime subcommittee
  • Mason Mega Rail Terminal nets $92 million in funding
  • Ports of Wilmington and Morehead City remain closed
  • Antiboycott rules can bite exporters, forwarders
  • North Atlantic ports expanding for larger vessels
  • Dachser develops talent through on-the-job training
  • GlobalTranz acquires AFN Logistics
  • FMC reviews nine OTI license applications

The Bunker Bulletinweb site
SEPTEMBER 17, 2018
  • Charleston, Savannah ports open to all traffic as Florence dissipates: USCG
    The US Coast Guard removed movement restrictions for the ports of Charleston, South Carolina, and Savannah, Georgia, as the effects of
  • Crude futures retreat on reports of US supply growth
    Crude futures gave back early-session gains to settle lower Monday on reports of
  • Iraq ready to increase oil output 'immediately', says SOMO chief
    Iraq can increase oil production "immediately" to support the market ahead of the implementation of US sanctions on Iran, Iraq's crude sales chief
  • Zennor buys North Sea Britannia stake to advance nearby development
    UK independent Zennor Petroleum said Monday it had agreed to buy a stake in the North Sea Britannia field from US upstream company ConocoPhillips
  • TANKERS: ENOC takes LR2 on time charter with storage option: sources
    "This is a bit worrying that ships are being taken for floating storage as companies are struggling to make their trades work," a broker said.
  • External: Marine Bunkering(Rotterdam)B.V.
  • Container line Maersk announces new bunker charges for IMO sulfur cap
    The company will impose its new bunker adjustment factor (BAF) from the start of next year, replacing its current standard bunker adjustment factor (SBF) system.
  • Arab Gulf fuel oil cash differentials rise to 5-year high on tight supply
  • Asian middle distillates lose steam as demand fizzles out
    The cash differential for the FOB Singapore 10 ppm sulfur gasoil grade has been rangebound for a while now; it was more a function of the product having found equilibrium in the market
  • North Carolina ports closed until Wednesday in wake of Florence
    "We are assessing the situation at both locations and when safe to return, we will determine the condition of the facilities," the state port authority said.
  • Bunker operations at Hong Kong suspended due to Typhoon Mangkhut
    "Loadings at the terminal will be jammed from Tuesday, barges are currently empty," a bunker supplier 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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