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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:28 GMT+1
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BRIEFS
December 20, 2018
Sched Netweb site
  • Hong Kong box volume slumps 4pc in November
  • THE Alliance unveils enhanced service in 2019 network shake-up
  • Baltimore port wins US$6.6m federal grant to deepen berth to 50ft
  • Savannah port to better 2017 box throughput record, with 4.3m TEU in 2018
  • Panama Canal inks deal with Itaqui port to ship grains from Brazil to Asia
  • Agility to invest US$100m in online platform
  • Brussels to hosts Energy Storage 2019 Conference January 23-24
  • WFS expands client base at New York JFK airport by attracting Avianca
  • Finnair's customers can choose to offset CO2 emissions from flights
  • American Airlines Cargo man named Kaamco Cargo Person of the Year

Exim Indiaweb site
DECEMBER 19, 2018
  • GAC to set up operations at Khalifa Industrial Zone Abu Dhabi (KIZAD)
  • Indian Register of Shipping conducts technical seminar in Mumbai
  • Maersk enhances Asia-Europe network to further improve schedule reliability
  • Maersk introduces extended liability solution
  • Ministry of Shipping gives a positive year-end review - IV
  • MOL honours officers & engineers at Presidential awards 2018
  • MSC enhances Asia-Europe ocean network for 2019
  • THE Alliance unveils enhanced service network for 2019
  • India's coal import rises 9.7 pc in April-Nov. period
  • Till Nov., India imports 42 lakh t of urea
  • DPT Board meet considers issues of importance
  • Mumbai Port simultaneously handles two full rakes of sugar for export
  • India becoming world's fastest growing economy

The Loadstarweb site
DECEMBER 19, 2018
  • CEVA executives who lost investments take new complaint against Apollo to court
  • 2M drops eight port calls, adds six ULCVs and returns to slow-steaming in network revamp
  • "Consolidation and polarisation" on the cards for UK haulage industry as driver shortages continue
  • FedEx slashes profit forecast over global economy concerns, rather than Amazon
  • UK airports' cargo capacity questioned as odds shorten on a no-deal Brexit
  • DHL Supply Chain faces pressure on JLR contract
  • Bankrupt airberlin administrator seeks billions in damages from Etihad
  • Supply chain radar: alleged fraud could spoil YRC Worldwide's plans
  • Supply chain radar: FedEx's breaking bad moment

Marine Logweb site
DECEMBER 19, 2018
  • DeNora Balpure BWMS gains U.S. Type Approval
  • Laborde Marine reports management changes
  • Crowley takes delivery of second LNG fueled ConRo from VT Halter
  • Grounded Russian bulker successfully refloated
  • Machine learning can help cut ship emissions and save fuel

Lloyd's Listweb site
DECEMBER 19, 2018
  • Sempra Energy signs definitive agreement to export LNG to Poland
    Financial terms were not disclosed, but the 2m tonnes per year will meet about 15% of Poland's daily need
  • Greeks head 2018's LNG order binge
    With 33 confirmed orders so far this year and new players joining the sector, Greek owners remain on course to...
  • Astrup Fearnley chief executive departs after 26 years
    Fearnley Securities chief executive Even Matre Ellingsen will succeed Jon-Aksel Torgersen in March 2019
  • Shell signs LNG charters with Sovcomflot
    Two of the contracts are with Russia's Sovcomflot, while four are with TMS Cardiff, part of George Economou's empire
  • Tankers derivatives body appoints Braemar man as chairman
    The Baltic Exchange, which works closely with the FFABA, is piloting five new clean and dirty tanker routes
  • IRISL vessels drive up idle containership fleet
    Three of IRISL's 14,508 teu newbuilds have joined the idle pool, with the remaining fourth vessel set to join them...
  • Columbia opens innovative data-driven management hub
    Limassol, Cyprus-headquartered Columbia Shipmanagement has opened a new performance optimisation control room. The project, developed alongside Tototheo Maritime, aims to...
  • Fredriksen and Sohmen-Pao go shopping for gas tanker stocks
    John Fredriksen buys a $1m stake in Avance Gas Holding and BW Group purchases a stake for over $2m in...
  • 2M alliance revamps Asia-Europe network
    Updated: Poor port performance behind schedule delays so schedules must change to reflect reality, says MSC
  • Concordia gains as it exits suezmax charters
    Stockholm-based company can now focus on the strengthening product tanker market
  • Singapore bank lays claim on another Ezra asset
    Creditors look to get ahead in the queue as the offshore and marine group moves to judicial management in Singapore
  • Daily Briefing
    Seaspan linked to Long Beach Container Terminal bid | International Group cuts reinsurance rates | Shipping is facing safety challenges...
  • South China waters seen as next hotbed for China oil exploration activity
    CNOOC has set targets of raising gas reserves by 50% by 2025 and further developing its deepwater expertise
  • US wheat for war-torn Yemen caught in legal crossfire
    Reports say Yemenis by their millions are fast approaching the point of famine as a result of four years of...
  • New Times Shipbuilding wins order for seven newcastlemaxes from Korean owners
    The orders from Polaris Shipping are backed by a five-year contract of affreightment to Vale

The Journal of Commerceweb site
DECEMBER 19, 2018
  • Port of LA-LB pledges congestion relief
  • GlobalTranz to fuel 2019 logistics M&A spree
  • TecPier plans digital-focused heavy-lift investments
  • Indian court rebuffs DP World's antitrust protest
  • Brexit supply chains shift to crisis mode
  • Shipping alliances target service in new networks

TradeWindsweb site
DECEMBER 19, 2018
  • Creditors target Melissanidis with fraud allegations at Aegean Marine
    The company's founder is accused of funnelling up to $300m from the company
  • Eagle Bulk selling veteran as renewal effort continues
  • China-US trade war is driving Belt and Road Initiative into the slow lane
    China's oversized role in providing cash to shipping could also suffer in the Xi-Trump tit-for-tat
  • Braemar's Procter elected FFABA chairman
  • Teekay LNG directors sign off on $100m buyback plan
  • Carnival cruiseship AIDAnova debuts on LNG in Tenerife
    Shell bunkers newbuilding AIDAnova at its maiden port call in the Canary Islands.
  • Solstad bondholders back company with interest freeze
    Norwegian OSV giant wins halt to bank and bond payments as it seeks to boost liquidity.
  • Maersk joins transparent scrapping initiative
  • 'Strong leader' Torgersen exiting Astrup Fearnley
    Long-serving chief executive will be replaced by Even Matre Ellingsen.
  • MSC adding vessels to combat congestion
  • Shell confirms LNG ship charters with TMS Cardiff Gas and Sovcomflot
    Greek owner is ordering fresh tonnage on back of major contract win.
  • CSC Phoenix wins Minsheng bulker auction
    Chinese owner submits the only bid for two handysize coastal bulkers auctioned on an Alibaba platform.
  • Wan Hai buys $57m worth of containers
  • Donsotank orders up to three LBG/LNG tankers in China
  • Corrupt Brazilian agent fails to recover $17m from Economou
    UK court turns down Hamylton Padilha's appeal against DryShips and Ocean Rig due to his involvement in Petrobras bribery scandal.
  • Teekay Tankers charters LR2 newbuilds from Metrostar
  • Newcomer Gerchicon inks order for nine feeder boxships
    Deal marks further success for Zhoushan Changhong shipyard.
  • Fredriksen purchase sparks Avance Gas shares into life
  • Uljanik Shipyard workers call off strike
    Most staff back after two-week walk-out over unpaid wages.
  • MSCo says bulker snagged on chain before grounding
  • Offen eyes scrubbers for boxships in spot market after fresh MSC charters
    Group turns attention to the premium attained by smaller vessels after bagging more period charters with MSC
  • Murmansk Shipping bulker refloated off UK
  • Maersk revamps Asia-Europe runs with six more ships
    Danish giant adds container vessels to improve reliability.
  • BW Group picks up extra $2m shares in BW LPG
  • James Fisher wins $38m DSME SAR contract
  • Genco Shipping & Trading banks $19.3m from sale of three bulkers
    Deal extends an active period for the shipowner in the sale and purchase arena.
  • VIDEO: Murmansk bulker refloated off UK
  • Golden Ocean buys back $2m of convertible bond
  • Dof Subsea awarded three new contracts in the North Sea
  • ONGC wins legal battle over cancelled PSVs at RNEL
    Indian yard fails with $22m writ to overturn termination of delayed final four vessels in series of 12.
  • International Group reduces reinsurance costs
    Protection and indemnity association sees rates cut for $3.1bn reinsurance programme.
  • Borr Drilling faces potential rig payment shortfall
    Rig owner may have to seek liquidity to finance the delivery payments due from 2022, says analyst.
  • Little joy for Piraeus bank at Singapore bulker auction
    Auction price barely dents the figure Piraeus bank wants to recoup from Athenian Ship Management.
  • Petronas agrees 20-year LNG SPA with Cheniere
    Malaysian energy company will be supplied from sixth train at Louisiana export facility.
  • Little joy for Piraeus bank at bulker auction
    Auction price barely dents the figure Piraeus bank wants to recoup from Athenian Ship Management.

American Shipperweb site
DECEMBER 19, 2018
  • Talking Trade: FedEx Trade Networks' Richard Smith
    The president and CEO says the company is "very committed to working with all our e-commerce customers and the government agencies to develop efficient and compliant trade flows in every way possible."
  • Executive Moves: AgTC, Crowley, Dunavant
    New hires and promotions take place from California to Florida.
  • WTO panel to review Russia retaliatory duties on U.S.
    The action during Tuesday's Dispute Settlement Body meeting came amid a tense WTO Trade Policy Review of the U.S., which took place Monday and Wednesday.
  • 2M, THE Alliance announce network changes
    Ocean carriers say moves will provide more efficient transits and increased reliability.
  • Warning issued about West Coast port congestion
    Terminals being hit with heavy volumes because of tariffs at a time when many longshoremen are taking vacation.
  • Lawmakers urge end of metal tariffs on NAFTA partners
    A bipartisan group of House lawmakers called for U.S. Trade Representative Robert Lighthizer to put the "highest priority" on lifting tariffs on Canada and Mexico.
  • Over 1,000 seek $16 billion China tariff tranche outs
    Tuesday was the deadline for industry to submit exclusion requests for the Office of the U.S. Trade Representative's second tranche of Section 301 tariffs.
  • FMCSA declares Arkansas truck driver imminent hazard
  • Public invited to weigh in on clean truck assessment
  • AuptiX offers instant quotes for partial truckloads

The Bunker Bulletinweb site
DECEMBER 19, 2018
  • EIA says US Gulf Coast fuel oil stocks at nine-year low
    US Gulf Coast fuel oil stocks in the week ended Friday fell to their lowest levels since September 2009, US Energy Information Administration data showed Wednesday.
  • Venezuelan general with no industry experience takes OPEC's helm
    OPEC is entering a pivotal third year of production cuts in a volatile oil market with its least-experienced minister at the helm, Venezuela's Manuel Quevedo.
  • Bunker supplier Peninsula launches Malta supply operation
    Peninsula Petroleum is launching a physical supply operation in Malta.
  • Distillates market sees rush in IMO 2020 hedging
    The International Maritime Organization's sulfur cap for marine fuel from 2020 is dominating the year-out structure for both ICE low sulfur gasoil futures and 3.5% FOB Rotterdam fuel oil futures.
  • Oil settles higher following US crude supply draw
    The oil complex settled higher Wednesday following the release of a bullish US Energy Information Administration inventory report.
  • Bunker supplier Peninsula launches Malta supply operation
  • External: Global Risk Management

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