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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:38 GMT+1
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BRIEFS
June 20, 2018
Sched Netweb site
  • Port of Oakland box volume dips 2.9pc in May to 204,765 TEU
  • Navios Maritime Containers to buy 9 box ships for US$390m
  • HMM signs 'letters of intent' with 3 shipyards to build 20 box ships
  • ONE first 14,000 TEU magenta newbuild makes maiden call in Hong Kong
  • GCT Deltaport welcomes ONE Commitment on her maiden voyage
  • Australia reviews CMPort's purchase of stake in Newcastle port
  • BNSF seeks to extends PTC deadline
  • Farnborough air show to discuss drones, cargo delivery to remote areas
  • Etihad Airways loses $1.52b in 2017 as cargo tonnage declines 7.4pc
  • DHL Global Forwarding considers boosting dedicated freighters to its network
  • TAPA publishes truck security standards for industry review

Exim Indiaweb site
JUNE 19, 2018
  • CMA CGM deploys innovative container tracking solution
  • Damco appoints Ashutosh Dixit as CEO for India, Bangladesh & Sri Lanka
  • INTTRA sets record transaction volume
  • Liberian Registry & China Classification Society sign innovation & technology MoU
  • MOL makes full-scale move into subsea support vessel business by acquiring stake in AKOFS of Norway
  • SCFI Asia-N. Europe spot rates down
  • APM Terminals India receives Authorized Economic Operator certification
  • Directorate-General of Shipping monitoring salvage operation of impaired vessel off Kolkata Port
  • GCCI urges strong action to stop thefts in Deendayal Port area
  • Blue Dart launches new state-of-art aviation hub in Chennai
  • Railways posts growth in freight loading in first two months of fiscal
  • Double-digit growth seen likely
  • GST has formalised the economy & expanded the tax base

International Transport Journalweb site
  • Online platform for used vehicles
  • Bolloré Logistics receives Tapa-A certification
  • Alaska Air Cargo nearly doubles capacity in USA
  • Platform digitalisation continues to grow
  • New operator for railfreight line in California
  • Ceva picks Niels Weithe to lead global e-commerce
  • Bees a-buzzing at B+S Logistik
  • South Russian airport handles first widebody aircraft
  • Antwerp: more railfreight capacity
  • Stena Line - changes in triplicate
  • Pilot Freight Services finds new COO in own ranks
  • Hong Kong on a high in May
  • APL extends China-Australia links
  • More capacity for Rotterdam hinterland traffic
  • CJ Logistics acquires DSC Logistics

IHS Maritimeweb site
JUNE 19, 2018
  • Grounded tanker breaks in two off Kaohsiung
  • VLCCs face further pain from China sanctions on US crude
  • MOL moves into subsea arena with Akastor deal
  • CIG Yangtze Ports signs deal to promote LNG-powered vessels
  • Tankers shun Iranian crude as US sanctions cause uncertainty
  • Oldendorff orders two mini-Capes from Oshima
  • Samsung HI, MODEC among winners of Barossa FPSO jobs
  • Mitsui & Co exercises options for more Kamsarmaxes at Yangzijiang
  • STX O&S issues new shares to raise USD70.6 million

The Loadstarweb site
JUNE 19, 2018
  • 'Be realistic on compliance' plea from shipping as tough bunker rules loom
  • Freighter operator hopes for local rule at Schiphol Airport are dashed
  • Delays at Felixstowe push Hamburg Süd to switch services to Southampton
  • Analysis: tie-up with Swissport the sensible next step for WFS
  • Four visions of 'a brave new world' for container supply chains 25 years on
  • The mysterious Chinese company worrying the world
  • Niels Weithe moves to Ceva Logistics as head of e-commerce

Marine Logweb site
JUNE 19, 2018
  • SEACOR Maya now first hybrid OSV in Gulf of Mexico
  • Vard Marine announces Houston operations VP changes
  • Foertsch Group to utilize MobileOps platform across its fleet
  • Cargill looks for 15% cut in shipping CO2 emissions by 2020
  • Indian ferries to have ABB power and automation packages
  • Giant wind farm installation jack-up ready for East Anglia ONE project
  • USCG gets set to enforce 2020 fuel sulfur cap
  • MOL dives deeper into subsea, buys into AKOFS Offshore

Lloyd's Listweb site
JUNE 19, 2018
  • Russia to export 3m tonnes less wheat this coming year
    Russia will see wheat exports decline to 37m tonnes
  • The demise of the European shipping banker
    Future deals could be more about PowerPoint than handshakes
  • Larger containers pile on problems for US trucking rates
    Congested terminals are aggravating trucking shortages, along with suffocating regulation, rising fuel costs, driver shortages and strong demand for containerised...
  • Deutsche shipping book deal confirmed by buyers
    Portfolio encompasses diverse range of vessel types and borrowers
  • Cargill aims for 15% cut in shipping emissions by 2020
    The move is to help meet UN regulations to reduce pollution as well as demands from some of the company's...
  • Argentina expects sharp drop in grains output
    Analysts had forecast Argentina to pick up some of the shortfall from lower US exports of soyabeans to China
  • Asia-Europe ocean rates rise and capacity now 'tight'
    Global freight index increases to its highest point this year - currently 7% up on last year's prices
  • Blockchain middlemen entice UN with plan to improve logistics
    Transport tech firms keen to ply their wares after the UN established a commission last year to pilot applications
  • Moody's sees stable outlook for global shipping
    Moody's expects rated shipping companies to report 4-5% earnings before interest, tax, depreciation and amortisation growth during the next 12 months
  • MOL enters subsea sector with stake in AKOFS
    The Japanese line has agreed to buy a stake priced at $73m
  • Cexim becomes world's largest shipping lender
    China-based policy bank held $17bn in its shipping portfolio at the end of 2017
  • Daily Briefing
    GoodBulk pulls IPO trigger | All eyes on OPEC as Marine Money kicks off | Shipbroking market 'ripe for restructuring'...
  • US tariffs threat raises prospect of all-out trade war
    New tariffs will take effect if Beijing refuses to change its practices and insists on going ahead with the newly...
  • Ecoships back in fashion as bunker costs rise, says Golden Ocean's Vartdal
    Golden Ocean has a positive outlook for freight markets in the second half of 2018 with healthy demand and a...
  • Container carriers drive consolidation among tonnage providers, Seaspan's Chen says
    Other than increasing fleet size, the New York-listed owner will consider acquisitions of assets in the logistics and infrastructure sectors

The Journal of Commerceweb site
JUNE 19, 2018
  • Logistec CEO urges Canadian government to reassess labor relations
  • Tariffs, trade uncertainty cloud Canada's shipping outlook
  • Prince Rupert port expanding again
  • Penske Logistics buys Epes Transport to expand for-hire truckload
  • Carriers refuse to bow to anti-surcharge pressure
  • Phase 2 of digital forwarding leads to some confusion
  • Analysis: Allowing bigger US trailers - truck sector's gain, rail's loss

TradeWindsweb site
JUNE 19, 2018
  • VLCC spot rates move above breakeven
    Charterers looking to load this coming July bid up spot modern vessels to best level of year.
  • Scorpio says no thanks to scrubbers, for now
    Largest product tanker owner says 'continues to evaluate' scrubbers, but economics not clear for smaller vessels.
  • IMO 2020 compliance to be 'chaos' at outset
    Full adherence to the sulphur regulation may not happen until fourth quarter of 2020, says Star Bulk Carriers president Hamish Norton.
  • Maersk Tankers and CargoMetrics take 'massive step'
    Partners reveal LR2 simulation tool as first product in digital shipping venture.
  • Maran's Exxon charter show scrubber boost
    Upwards of 10,000 ships may be fitted with scrubbers depending on how fuel prices respond to IMO 2020.
  • VesselsValue: handysizes have most upside
    Prices for small bulkers show best 12-month performance with next three years also set for more gains.
  • Fredriksen lieutenant Hermansen to chair Avance Gas
    Norwegian tycoon's top shipping man eyes M&A after nomination to lead LPG carrier owner's board.
  • Oak Hill, Varde confirm $1bn Deutsche Bank loan swoop
    Funds see 70-ship deal as part of strategy to offer alternative ship finance to owners.
  • Ugland sells oldest bulker but holds on to sistership
    Managing director confirms MOA on sales deal to undisclosed buyer
  • Glencore charters Golden Ocean capesize bulker
    A capesize owned by Golden Ocean has been fixed on a period charter. Gunvor inks largest shipowning move with six newbuildings Glencore has chartered the 181,000-dwt Golden Savannah (built 2017) on an 11 to 13-month contract, the Baltic Exchange reports. The rate is pegged at 119% of the 5TC route between West Australia to Qingdao. Capesize rates are presently placed at $17,796 per day by the
  • Fred Olsen Energy eyes new equity
    Refinancing rig company says waivers granted but debt could be impaired.
  • Magseis wins Asian seismic contract
    Geophysical shipowner to work for several oil companies.
  • GasLog Partners signs Cheniere charter
    US owner inks multi-year deal with options for rate increases.
  • JP Morgan in the money after flipping bulkers to Blue Planet
    Reported transaction would add another notch to seller's asset play credentials.
  • Sinopec adds seismic survey newbuilding
    Deal at Tianjin Xingang to boost Chinese company's offshore fleet.
  • Amazon will go into container shipping, analyst predicts
    Desire to control supply chain could push e-commerce platforms to move into the water
  • Genco deal latest evidence of firming bulker prices
    Analysts and brokers believe asset values have further to climb.
  • Norden tops up time chartered tanker fleet
    Three Greek-owned vessels fixed ahead of anticipated improvement in product market.
  • Thenamaris books LNG carrier newbuild with HHI
    Greek owner extends LNG fleet for the first time since 2011 with lone newbuilding and boosts aframax tanker orderbook
  • CSE cape and Evergreen boxship collide
    Bad weather blamed for incident at Kaohsiung terminal in Taiwan.
  • Trafigura signs Singapore LNG storage deal
    Trader and owner teams with SLNG again to use 160,000 cbm of excess capacity.
  • K Line orders coal carrier at Imabari
    Japanese owner joins NYK in newbuilding project linked to Kobe Steel
  • Moody's boosts outlook for Royal Caribbean
    An improving market outlook and a stronger financial position have contributed to Moody's Investors Service upgrading its rating for Royal Caribbean. The agency has boosted the cruise company's senior unsecured rating to Baa2 from Baa3 and assigned a P-2 rating to the company's planned $1.15 billion commercial paper programme. Pete Trombetta, Moody's lead lodging and cruise analyst, says the cha
  • Grindrod on shortlist to buy Mercantile Bank
    Shipowner part of consortium aiming to buy South Africa's ninth-largest lender.
  • Grounded tanker breaks in two off Taiwan
    Fuel oil removed from Hong Kong ship before it broke its back off Kaohsiung.
  • Owner's casualty claim against Queen Beatrix dismissed
    Bombay court ends attempt to force ex-Dutch monarch to pay up over 1989 sinking.
  • IACS members stuck in Paris MOU grey list
    As quality drive takes off at leading class society association, European port state control probe reveals several members continue to perform below industry's highest standards
  • Cargill aims for 15% bulker emissions cut
    US giant chartering newer vessels and getting involved in newbuilding design.
  • MOL moves further into subsea with stake in Rokke's AKOFS
    Japanese shipping giant's holding will be worth around $73m including stake in support vessel.
  • HHI group's order haul remains behind target
    South Korean giant continues to report mixed results among sister shipyards for the year-to-date.
  • Livanos company Alios aims to sell panamax
    Just three ships to remain in bulker wing's fleet.
  • ExxonMobil considers Australian LNG import facility
    Plan by US oil giant follows similar moves by AGL Energy and Australian Industrial Energy.
  • US LNG and crude exports escape China tariffs
    Tariffs on US gas would increase costs and potentially limit its availability, says Wood Mackenzie.

American Shipperweb site
JUNE 19, 2018
  • Korea asks for dispute panel establishment
    The Republic of Korea has requested the establishment of a World Trade Organization dispute settlement panel in regard to several antidumpi...
  • Permit issued for U.S.-Mexico border pipeline
    A presidential permit has been issued to Borrego Crossing Pipeline LLC authorizing the construction, connection, operation and maintenance ...
  • Ex-Glow employee gets probation for shipping hazmat
    A former warehouse manager for Glow Industries was sentenced in U.S. District Court in Los Angeles on June 4 to two years of probation, a $...
  • Google links up with JD.com
    Google is hooking up with JD.com in a strategic partnership deal that will see the Mountain View, Calif.-based tech giant invest $550 milli...
  • Logistics costs rose 6.2 percent in 2017
    Business logistic costs in the United States last year were 6.2 percent higher than in 2016, according to the 29th edition of the State of ...
  • UPS fuels natural gas-powered fleet
    UPS will build another five compressed natural gas fueling stations and add more than 700 new CNG vehicles to its national fleet....
  • Carriers divert cargo from Felixstowe
    Some liner carriers have started diverting cargo from the Port of Felixstowe, which has been experiencing operational delays from the imple...
  • Spot transpacific, transatlantic rates buck trend down
    Container freight rates in the transpacific and transatlantic trades are on the rise when compared with the same time period a year ago and...
  • Trump threatens $450 billion in total China tariffs
    President Donald Trump on Monday evening threatened tariffs of up to $450 billion annually against Chinese products if trade actions betwee...

The Bunker Bulletinweb site
JUNE 19, 2018
  • Oil slips as trade spat triggers risk exodus
    The oil complex settled quietly in the red Tuesday after a rocky morning, as financial markets priced-in downside risk amid the ongoing trade war brewing between the US and China
  • Narrower USGC/Med fuel oil spread quashes talk of reverse arb
    Narrowing price differentials between the US Gulf Coast and Mediterranean fuel oil markets have eroded the economics for moving material from the USGC to the Med
  • European bunker buyers eye OPEC meeting, wait on signal to step back in
    Bunker fuel demand in Europe is likely to remain subdued until Friday as those buyers that can hold out for potentially lower prices will do
  • Cargill targets 15% cut in marine CO2 emissions by 2020
  • Rotterdam 3.5% fuel oil barge MOC dominated by offers on strong backwardation
  • Tariff threat from China may shift global oil flows
    China would need to replace as many as 450,000 b/d of US crude after the latest tariff threat.

›››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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