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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:12 GMT+1
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BRIEFS
March 20, 2018
Sched Netweb site
  • CMA CGM hikes rates to and from north Europe, China and the Far East
  • Hong Kong down again, February volume falls 5.7pc to 1.4 million TEU
  • Hong Kong plea: US aluminum tariff unnecessary and unfair to HK
  • Singapore's non-oil exports suffer worst monthly slide since 2016
  • Oakland's 5-year plan envisions more cargo with new facilities
  • Rates to plunge as regulators 'meddle' with South American trade
  • NPCT1 Tanjung Priok, Indonesia, lifts one million TEU in 18 months
  • DHL Supply Chain finds robots double warehouse picking productivity
  • Truck shortage in slack season caused by Fed rules and economic boom
  • Lufthansa profit soars 70pc to US$3.7 billion as sales jump 12.4pc
  • HNA airlines to pay overdue fuel bills to state-owned supplier
  • Gibraltar ready to allow Spain to share control of its airport
  • AN-12 leaves Siberian runway screwn with gold ingots on takeoff

Exim Indiaweb site
MARCH 19, 2018
  • Hamburg Süd to rearrange Asia-Europe/Mediterranean network
  • Anti-dumping duty imposed on imports of cold-rolled flat products of stainless steel from multiple countries
  • Major Ports handle more in 11 months
  • PSA's Bharat Mumbai Container Terminals enhances connectivity with first barge & train volumes
  • DP World joint venture Hindustan Infralog acquires 90 pc of Continental Warehousing Corporation
  • L&T Construction & DFCCIL sign contract for Eastern Dedicated Freight Corridor
  • Clarifications on exports related refund issues
  • Decelerating export growth trend a worry: FIEO President
  • Govt addressing problems related to GST refunds of exporters

International Transport Journalweb site
  • Network closure due to lack of staff?
  • Yard expansion to accommodate over 100 rail cars
  • European patent for passive thermal container provider
  • Greenfield project at Dunkirk port
  • DP World shopping in Peru
  • Architectural landmark for port of Antwerp
  • RZD to reconstruct Birobidzhan-Leninsk rail section
  • Spanish ports still on rising tide in January
  • European Food Network integrates Scandinavia
  • Icao secretary general confirmed by acclamation
  • Hainan Airlines lands in Brussels, adding Dublin/Edinburgh
  • More north-south services offset Rastatt losses
  • Traconf snapped up by Nippon Express
  • Warm welcome for new QCS boss in Frankfurt
  • Dramatic growth for CMA CGM in 2017
  • Qatar Airways Cargo extends contract with WFS at CDG

IHS Maritimeweb site
MARCH 19, 2018
  • Sovcomflot pushes diversification strategy
  • Price is everything: John Michael Radziwill talks fleet expansion
  • Losses mount at Russia's Sovcomflot
  • Will the IMO signal the endgame for fossil fuels in shipping?
  • Abduction risks for crew rise in southeast Asia
  • Wellbeing policy helps crew and the bottom line
  • Europe's ro-ro freight market evolving
  • Shipping learns from aviation automation
  • Wärtsilä in USD258 million deal to acquire Transas
  • PSA global throughput up 9.8% as Singapore volumes rebound
  • JX Ocean books VLCC from Japan Marine United
  • Far East Shipping & Trading books bulkers at Saiki

The Loadstarweb site
MARCH 19, 2018
  • Maersk and MSC unveil new 2M Asia-Europe network, with 17 fewer port calls
  • CMA CGM seizes title of most profitable container line with 2017 performance
  • Brexit deal a 'step in the right direction', but not the end of the road for the UK
  • Analysis: Atlas Air and ATSG spread their wings in an air cargo boom
  • Air cargo market ponders another good year, but are things slowing down?
  • Henkel warns of delivery woes hitting sales in North America
  • Bart Pouwels gets top job in Schiphol Airport cargo restructure
  • New forwarder FSC Oceans appoints Steve Boyson to develop business

Marine Logweb site
MARCH 19, 2018
  • Navy eyes block buy of two Ford class aircraft carriers
  • Moose Boats wins San Francisco Fire Department contract
  • Lloyd's Register acquires cyber security specialist
  • MDI to represent Spain's Indar Electric Marine Division
  • Lindblad lays keel for Polar expedition cruise ship
  • Two York Capital controlled offshore players to merge
  • Smart Play: Wartsila to acquire Transas

Lloyd's Listweb site
MARCH 19, 2018
  • Sovcomflot maintains operating profits in 2017 with focus on industrial projects
    Weak tanker rates plague Russian state owner's bottom line but company executives hail stable income from offshore and gas businesses
  • Wärtsilä wants to carry connectivity torch
    Marine Solutions president Roger Holm explains that benefits from data utilisation drove $258m Transas acquisition, with more targets potentially being lined...
  • Wall St Note | ETF fund to offer new way of investing in shipping
    New dry cargo futures fund brings casino-like exposure to the masses
  • Svitzer hack highlights emerging cyber threat to industry
    Now a case of 'when', not 'if', experts at London seminar warn
  • Stolberg considers appeal against three-year prison term
    Disgraced heavylift king found guilty on several charges of credit fraud and false accounting while chief executive of Beluga Shipping
  • Wärtsilä's Transas deal brings vision of connected shipping a step closer
    The real benefit of the Transas acquisition will only come when integration enables Wärtsilä to connect the dots
  • Golar LNG shuffles leadership roles
    Golar Partners chief executive and Golar LNG chief financial officer swap their positions
  • Maritime efficiency is so much more than next-gen technology
    New tech should be seen alongside the regulatory framework and upskilled human resources as the three key drivers of efficiency
  • Wärtsilä acquires Transas to boost marine ecosystem vision
    Transas has developed a cloud-based platform to manage operations at vessels and ports, says Wärtsilä
  • PSA posts 5% rise in net profit for 2017
    Group's terminals saw a 9.8% year on year increase in box volumes handled to 74.2m teu
  • APMT broadens customer scope with new investment strategy
    Maersk's terminal operating arm looks inland for new business amid dwindling carrier clientele through an array of value-added services for...
  • Court freezes Dandong Port Group's assets
    The Intermediate People's Court in Dandong City seized $768m worth of assets owned by debt-ridden Dandong Port Group following an...
  • Tech firm concludes pilot blockchain shipment
    Cargo comprised of two 40-foot high cube containers shipped from Malaysia to Brazil
  • DP World buys Peruvian logistics firm Cosmos Agencia Maritima for $316m
    The group aims to expand logistics-related market share in Latin America with the deal
  • SM Group chairman dismisses rumours of SM Line sale
    Current losses incurred by the shipping line are within the expected range, say local media reports
  • Hong Kong tycoon and ports pioneer Li Ka-shing to retire
    No major change in business direction over the next 10 years, says Mr Li
  • IMC Group exercises options for MR tanker quartet
    Vessels to be built by Guangzhou Shipyard International
  • Noble Group to default on senior notes due this week
    Commodity trading firm makes the decision after consulting with creditors
  • Sri Lanka Ports Authority partners terminal operators to raise Colombo cargo efficiency
    Sri Lanka Ports Authority agrees with Jaya Container Terminal, South Asia Gateway Terminal and Colombo International Container Terminal to help...
  • Tanker and ro-ro crews repel pirates off Nigeria
    Crews and vessels reported safe after armed attacks

The Journal of Commerceweb site
MARCH 19, 2018
  • Shippers say Chittagong road weight limit increasing costs, delays
  • Brazilian carriers, shippers optimistic for volume growth
  • Air freight demand growth starting to look sustainable
  • PSA 2017 global volume surges on Singapore rebound
  • Terminal operators move deeper into landside logistics
  • DP World buys India 3PL, eyes work beyond terminals
  • Rising rates and volume lift fortunes of top US truckers
  • 2M Alliance to cut direct calls, add buffer time in Asia-Europe revamp

TradeWindsweb site
MARCH 19, 2018
  • Seacor retrofits OSV with hybrid power
    US-based offshore vessel owner and operator says the installation of additional battery power lowers fuel use.
  • Royal Caribbean promotes Adam Goldstein
    Miami-based cruise major appoints chief operating officer Adam Goldstein to the position of vice chairman.
  • Legal battle and tanker writedowns send Sovcomflot to loss
    Liabilities from London legal battle and provision on ship values seen in 2017 accounts.
  • CSET plots newbuildings for methanol contract
    Cosco tanker company teaming with IGP to supply US fuel to Chinese refiner.
  • Bondholders reject Siem Offshore deal again
    Norwegian OSV owner forces through changes to 2019 debt, but 2018 holders vote down refinancing once more.
  • Bergshav set for lower rate on aframax charter
    Norway's Bergshav Shipping will see earnings decline from an eight-year-old aframax tanker that it has on long-term charter from Harry Vafias-linked Stealth Maritime. The company has chartered the 105,000-dwt Stealth Berana (built 2010) to US-based Penfield Marine for up to two years, confirmed Bergshav chief financial officer Andreas Hannevik. European broking sources say Penfield has agreed to
  • Zhongchang Marine adds seven bulkers
    Financial leasing deal sees Chinese owner expand its fleet.
  • U.N. Ro-Ro to sell 58% in IPO
    Turkish owner lines up listing this year as buy-out funds sell down.
  • Golar companies shuffle executive pack
    Brian Tienzo and Graham Robjohns swap roles in latest move among Golar executives.
  • Steering confusion led to fatal John S McCain crash
    Singapore says US navy training inadequate, while Stealth MR had insufficient officers on bridge.
  • Milaha chairman eyes growth in recovering markets
    Sheikh Ali bin Jassim bin Mohammad Al Thani says expansion on the cards at home and overseas.
  • Navios Maritime selling supramax bulker amid price slip
    New York-listed owner reported to have disposed of a 2001-built ship.
  • Wartsila widens smart shipping reach with Transas takeover
    Finnish systems maker buys UK navigation solutions group in $258m deal.
  • DP World in $315m takeover deal in Peru
    Transaction with Agencia Maritima extends growth strategy.
  • DSME fails in $373m Songa claim
    UK high court says yard was too late to contest cost overrun awards.
  • Dae Sun designs MPP for SIMA yard
    Posco Daewoo sells blueprint for $60m to Peruvian state shipbuilder.
  • Global Ports wins Croatian tender
    Operating rights to Port of Zadar in the Adriatic will run for 20 years, London-listed company says.
  • Shipping MLPs 'safe havens' despite tax shock wave
    Morgan Stanley analyst explains maritime companies free from new legislation.
  • Cala plots huge offshore casino newbuilding
    US company claims deal with Cosco Dalian for gambling venue the size of 14 football fields.
  • Mahindra in talks over shipping move
    Indian logistics company has European partners lined up for coastal boxship business.
  • Li Ka-shing retires at 89
    Asian ports tycoon handing over reins to eldest son Victor Li.
  • Bibby Offshore to merge with Cecon Contractors
    US hedge fund York Capital Management to combine two of its offshore holdings into one.
  • Liner cryptocurrency sees first transaction
    Shipowner, Malaysia's West Port and Brazilian textile importer LPR in maiden use of TEU Tokens.
  • Noble Group set to miss bond payments
    Commodities trader may face legal action from bondholders not part of restructuring deal.

American Shipperweb site
MARCH 19, 2018
  • Knight-Swift back in the M&A game
    Knight-Swift Transportation Holdings Inc., the new parent company formed from the merger of Phoenix-based trucking giants Knight Transporta...
  • MPC scoops up up 6 more feeder ships
    Ocean vessel owner and operator MPC Container Ships has agreed to acquire six more vessels in two separate deals for a total purchase price...
  • Canada requests WTO dispute panel in softwood case against U.S.
    Canada on Thursday requested that the World Trade Organization (WTO) form a dispute panel to adjudicate its challenge over U.S. antidumping...
  • DP World acquires Cosmos Agencia Maritima for $315.7m
    Port terminal operator DP World has acquired the Peru-based logistics services provider Cosmos Agencia Maritima S.A.C. (CAM) for $315.7 mil...
  • BIS issues rule for requesting steel, aluminum tariff exclusions
    The Bureau of Industry and Security (BIS) has outlined procedures for how U.S. companies may request exclusions from 25 percent steel tarif...
  • Freightex rebrands as Coyote Logistics
    European over-the-road transportation provider Freightex has rebranded itself as Coyote Logistics. Freightex, founded in Dover, U.K. in 20...
  • DHL's AEI employees in U.S. approve new contract
    The nearly 800 workers at Air Express International (AEI), a U.S. subsidiary of DHL Global Forwarding an Deutche Post-DHL of Bonn, Germany,...
  • Port of Portland revs auto exports
    The Port of Portland in Oregon processed about 314,000 vehicle imports and exports across its docks in 2017, according to the most recent d...

The Bunker Bulletinweb site
MARCH 19, 2018
  • US bans use of Venezuela's digital currency to tighten pressure on Maduro
    The Trump administration's move Monday to ban the use of Venezuela-issued digital currency known as the petro is expected to have only symbolic impact in pressuring the Maduro regime.
  • Iran to maintain oil output at current level for next 12 months: official
    Iran will not raise its oil output in the next 12 months, according to National Iranian Oil Co.'s managing director.
  • Russia seen sticking to OPEC policy
    Russia was expected to continue its current energy policies, including cooperating with OPEC, after the reelection of Vladimir Putin as president.
  • Contango casts bearish shadow across oil complex
    NYMEX crude's term structure will be closely scrutinized this spring as an indicator of market fundamentals after the April/May spread flipped last week from backwardation to contango.
  • Oil turns lower before key Federal Reserve meeting
    Oil futures fell Monday under pressure from a plunge in US equity indexes, while a weaker dollar helped limit the downside ahead of a highly anticipated US Federal Reserve policy meeting slated for later this week.
  • Western Japan's Cosmo Sakaide terminal works further trim bunker supplies
    Maintenance work at Cosmo Oil's Sakaide oil terminal in western Japan will further trim already lean bunker fuel availability in western Japan, which could lend support to bunker prices there, Japanese trade sources said Monday.
  • Teekay opts for distillates as bunker fuel for majority of fleet as IMO 2020 rule looms
    "We are certainly not going to modify our existing vessels for LNG; scrubbers not to meet the deadline; [so] majority of our vessels are going to be using distillates," Noronha said.
  • FUTURES: Crude moves lower ahead of key geopolitical meetings
    "The market has been mulling over the geopolitical risks after the various departures at the White House," ANZ analysts said in a note Monday.

›››File
FROM THE HOME PAGE
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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