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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
March 21, 2018
Sched Netweb site
  • CK Hutchison profits up 6pc to US$4.47 billion as revenues rise 9pc in 2017
  • PSA 2017 profits up 5pc to US$935 million as revenues rise 7.8pc
  • Two big box ships collide in Karachi, 10 containers lost, none hurt
  • Chinese exports soars 44.5pc in February, imports soften as expected
  • Dutch shipping company Seatrade fined for illegal ship scrapping
  • Yang Ming Marine Japan-Malaysia-Vietnam box service
  • MPC Container Ships still on buying spree, taking on 5 feeders
  • Amsterdam container terminal connects with New Silk Road trains
  • Geodis IRIS software to join Germany's WebQuote for online booking
  • CenterPoint's Joliet, Illinois, speculative warehouse 100pc leased
  • Pacific trade pact signed, but faces parliamentary ratification
  • Ex-Ghana leader Rawlings jumps to defence of accused air cargo CEO
  • Frankfurt retains top spot as Europe's busiest cargo airport
  • MASKargo joins IAG Cargo's Partner Plus programme for flight bookings
  • DHL's first Airbus A330-300 to serve Malaysia, Vietnam, Hong Kong

Exim Indiaweb site
MARCH 20, 2018
  • Coastal shipping & inland waterways a key focus under Sagarmala
  • Container shipping volumes up in Jan.
  • Darshan Sheth to chair Port of Antwerp's new council for the PA3 initiative
  • Vessels collide at Karachi port
  • The Coop's 4th Annual Meeting sets new attendance record
  • Gujarat Junction 2018 - CEO Roundtable & Cargo & Logistics Awards brings together fraternity in large numbers to confer on key issues & acknowledge excellence

International Transport Journalweb site
  • Diversification paying off
  • 1,200 t excavator hauled over Colombian mountains
  • WSC and ECSA want to shape new RFD
  • Techstars finds an ally in Gefco
  • Step ahead for Australia's inland rail project
  • UPS Korea welcomes new managing director
  • Testing jet engine wider than a narrowbody aircraft
  • DHL extends partnership with Formula 1
  • India hands over last locomotive to Myanma Railways
  • Reliability - once again a topic at Maersk Line
  • At last - new head for Cologne/Bonn airport
  • Safe Air as Air Djibouti to span Middle East network
  • From Lufthansa to Brussels Airlines
  • International up, Swiss domestic business down
  • New warehouse in Liverpool
  • Box volumes move laterally at historically high level
  • Two AEI conversions for Everts Air Cargo

IHS Maritimeweb site
MARCH 20, 2018
  • China Navigation provides free transport for Pacific recyclable waste
  • Capacity injections push box ship rates higher
  • CSC Phoenix orders two bulkers in bid to regain market share
  • Sir Michael Bibby elected president of the UK Chamber of Shipping
  • Ship engine market gets a tune-up
  • STX O&S urges older workers to retire early
  • HMM mega container ship order likely after July
  • Waterways key to Nadeau's US commercial transport strategy

The Loadstarweb site
MARCH 20, 2018
  • Kramer and RWG launch service to ease barge congestion at Rotterdam
  • Strong year for cargo, but Virgin Atlantic still records first loss in four years
  • PSA grows its business 'despite industry chaos and economic disruption'
  • 'Don't grab at new tech in fear of digital forwarders, and make the wrong choice'
  • Dramatic boxship collision in Karachi caught on video
  • Amazon pushes merchants for more cross-border sales
  • Maersk CFO Jakob Stausholm in shock resignation over reorganisation

Marine Logweb site
MARCH 20, 2018
  • LNG fueled shuttle tanker duo to feature wide range of ABB solutions
  • Shorn of digitalization duties, Maersk finance chief moves on
  • Ontario opts for all electric propulsion for two new ferries
  • Gulf Island books Navy T-ATS and U.S. Wind tower contracts
  • Danish Maritime Fair promises a packed program
  • VIDEO: Containerships collide in Karachi

Lloyd's Listweb site
MARCH 20, 2018
  • War risk clauses should cover Venezuela cocaine bust ship, UK Supreme Court told
    B Atlantic owners take case against Navigators all the way to the top
  • Lloyds Register acquires cyber security specialist Nettitude
    Classification society has boosted its cyber security capability by bringing a specialist into the fold
  • Marshall Islands joins chorus calling for heavy fuel oil ban in 2020
    Proposed ban would prohibit the carriage of all bunker fuels with sulphur content above 0.5%, except by vessels that have...
  • Wall St Note | Should shipping companies be client or shareholder-driven?
    Shareholder-driven companies tend to be pure shipping plays regardless of their customers' needs
  • BPA proposes 'Brexit dividend' to boost UK's trading position
    Strategy paper from ports association highlights need for funding and sets out potential opportunities for ports in a post-Brexit world
  • Maersk shakes up boardroom roles
    Push for digital transformation sees chief executive Søren Skou take the lead on IT as finance, strategy and transformation officer...
  • SM Line and Cosco agree to expand partnership
    Both shipping lines plan to launch new services not only in Asia but also in North America
  • HHI likely to see operating loss in the first quarter, say analysts
    South Korean shipbuilder's situation is expected to improve as orders and newbuilding prices pick up
  • China Navigation agrees to ship recyclable waste from Pacific island ports
    Waste to be transported to other Asia Pacific ports to be treated and recycled on a pro bono basis
  • Hapag-Lloyd boxship rams vessel while berthing in Karachi
    No crew are hurt but a number of containers go overboard
  • DSME is refused appeal on Songa Offshore arbitration ruling
    South Korean yard's hopes of $373m claim on rig cost overruns now quashed with Songa possibly mounting a counterclaim

The Journal of Commerceweb site
MARCH 20, 2018
  • Brexit transition deal eases supply chain concern, for now
  • Forecast for heavy snow shuts NY-NJ, Philadelphia ports
  • Chennai truckers withdraw 'indefinite' strike threat
  • Ocean carriers levy emergency surface fees, restrict door delivery
  • PSA: JNPT rail, barge transport systems working seamlessly
  • Slideshow: US trucking, pricing, and the new shipping reality
  • Europe to South America trade at a three-year high
  • Analysis: Port navigation factors challenge ships, call reliability

TradeWindsweb site
MARCH 20, 2018
  • Glencore to sell $500m in convertible debt
    Major mining and trading firm issues new securities for general corporate purposes.
  • Oceanteam looks to debt-equity swap
    Norwegian offshore vessel firm wants banks to release additional cash as it readies a restructuring agreement.
  • RightShip touts carbon offsets for shipping
    Shipping risk management firm offers tool to charterers and operators to measure greenhouse gases.
  • Tsakos Energy Navigation scraps veteran VLCC
    New York-listed owner looks to have made good on pledge to dispose of older tanker.
  • Korean investor questions future of smaller shipyards
    Smaller South Korean shipbuilders still face a struggle despite an upturn in fortunes for the biggest players in the industry, a long-term investor in the sector says. Dynamic worldwide economy to assist shipyard recovery Soo Cheon Lee, co-founder of loan and bond trader SC Lowy, says the state will help provide work for the major yards, offering something of a lifeline in the coming years. How
  • Emanuele Lauro: Dry bulk onto the straightaway
    Monaco-based Scorpio Bulkers chief sees positives in the industry and macro outlook.
  • Klaveness wins 20 cargoes from Arcelor Mittal
    Bulker group signs supramax, panamax contracts with Indian steel group.
  • Greek bulker refloated off Brazil
    Kona Trader grounded with fertiliser cargo off Paranagua.
  • Hapag-Lloyd probing videoed boxship clash
    German container line will take 'close look' at collision in Port of Karachi, which was caught live on video.
  • Russia's Sovcomflot sees no short-term fix for tankers
    State-owned company remains cautious on any recovery in both crude and product markets.
  • Finnlines to stretch another two ro-ros
    Baltic operator extends $86m vessel lengthening programme.
  • Meyer Werft raises recycling standards
    New agreement with GSR on inventory of hazardous materials.
  • MPC Container not the buyer of Ship Finance feeder vessel
    Brokers reports connecting fast growing company with one-off deal are inaccurate.
  • Geir Sjurseth joins Atlantic Offshore board
    Former DNB and Westfal-Larsen man becomes director of Norwegian OSV owner.
  • Master of grounded tanker not qualified
    Canadian probe finds chief engineer also not qualified for role on Arca 1.
  • NYK Line sells product tanker to mystery Greek
    A deal of $16m or more is said to have been completed in the past few days.
  • Zhejiang Xin Yi Hai buys six bulkers
    Chinese shipowner builds dry fleet with handysizes.
  • Jens Ismar doubles stake in Kjell Inge Rokke's Ocean Yield
    Western Bulk chief snaps up stock in Oslo-listed leasing specialist.
  • Court auctions seized Cherry Blossom cargo
    South Africa orders sale of Western Saharan phosphate from AM Nomikos bulker.
  • Stausholm quits AP Moller-Maersk as overhaul speeds up
    Chief financial, strategic and transformation officer exits Danish shipping group at key time.
  • Norden tipped to sell oldest handysize bulker
    Danish owner thought to be selling a ship from its non-core fleet.
  • Ardent tasked with raising sunken Seikongen
    Salvor keeps busy with contract for wellboat in Chile.
  • ABG's banks reject Liberty House offer
    Another round of bidding set to begin for bankrupt Indian shipyard.
  • Probe starts after death on CTM bulker
    Canadian investigators head to Sage Amazon in Quebec.
  • Royal Caribbean terminates China joint venture
    US cruise giant calls time on what was supposed to be China's "national cruise line".
  • Hyundai Samho top dog among sister shipyards
    South Korean shipbuilding group reports mixed results in first two months of 2018.
  • PSA posts growth in both profit and volumes
    Terminal operator says positive result came despite "malicious large-scale cyber-attacks".

American Shipperweb site
MARCH 20, 2018
  • Load-matching startup gets $50m financing round
    Silicon Valley-based KeepTruckin, a startup electronic logging device (ELD) provider to the trucking industry, has landed a $50 million Ser...
  • Container business may be entering 'settling down' period
    As Ocean Network Express (ONE), the merged container business of NYK, MOL, and "K" Line prepares to launch next month, Jeremy Nixon, its ch...
  • Collision in Karachi sends containers overboard
    German ocean carrier Hapag-Lloyd said its ship Tolten rammed another ship while berthing in Karachi on Monday. In a video of the incident,...
  • Trump's steel, aluminum tariffs spark widespread opposition
    The chorus of voices warning the United States against the imposition of widespread tariffs on steel and aluminum imports is growing, and g...
  • Maersk CFO exits amid restructuring
    It's been a rough couple of weeks for the Danish shipping giantA.P. Moller - Maersk. After two separate fires onboard vessels belonging to...
  • Senators urge repeal of USDA catfish inspection
    Sens. John McCain, R-Ariz., and Jeanne Shaheen, D-N.H., sent a letter to U.S. Trade Representative Robert Lighthizer, asking him to support...
  • Schneider brings chassis fleet in-house
    National trucking company Schneider completed its conversion to a company-owned and managed chassis fleet by buying over 15,000 intermodal ...
  • McAleenan confirmed as CBP's permanent commissioner
    The Senate on Monday evening confirmed Kevin McAleenan to serve as commissioner of U.S. Customs and Border Protection (CBP) by a vote of 77...

The Bunker Bulletinweb site
MARCH 20, 2018
  • Oman to award new oil exploration blocks in reserves push
    Oman plans to award four oil exploration blocks with international companies as part of an ongoing effort to replace its declining proven reserves of crude, the government has said.
  • US offshore industry downplays importance of Gulf sale
    The Trump administration has dubbed Gulf of Mexico oil and natural gas lease sale as the largest in US history
  • Trump, Putin discuss economic cooperation, energy: Kremlin
    US President Donald Trump and Russian President Vladimir Putin discussed strengthening economic cooperation and energy issues between the two nations, according to Kremlin readout of a phone call between the two leaders Tuesday.
  • Healthy block, bids offered in Gulf of Mexico Lease Sale 250
    The upcoming Gulf of Mexico Lease Sale 250, set for Wednesday, looks to have drummed up a healthy interest among oil companies even if the amount of bids and tracts receiving bids fell short of the year-ago sale, according to the US Bureau of Ocean Energy Management, the sale's sponsor.
  • Oil rises as Trump, Saudi crown prince meet at White House
    Crude futures rose Tuesday to their highest levels since late February, with Middle East tension in focus as Saudi Crown Prince Mohammed bin Salman met with US President Donald Trump at the White House.
  • Russia's Gazpromneft Marine Bunker expects to halt fuel oil use from 2025
    Gazpromneft Marine Bunker, the bunker fuel trading arm of Russia's Gazprom Neft, will no longer deal in fuel oil from 2025.
  • Piraeus bunkering operations back to full strength after adverse weather: port
    Bunkering operations at Piraeus in Greece are returning to normal after adverse weather conditions over the last couple of days, the port authority told S&P Global Platts Tuesday.
  • PSA's container throughput rises as shippers switch calls to Singapore
    Volumes grew on positive macroeconomics and consolidation among box shippers.
  • China's CNPC to ship back its first deepwater crude output from Brazil in March
    "We'll probably buy some of this crude when we need low sulfur crude," a source with CNPC's Guangxi Petrochemical said.
  • Alternative bunker fuels viable for IMO 2020 rule but hurdles still linger
    January 1, 2020 is a hard start and ship-operators need to start planning now.
  • LSFO set to be default bunker fuel choice as IMO 2020 rule nears: Bimco exec
    BIMCO also supports IMO's proposal for a carriage ban on non-compliant fuels.
  • FUTURES: Crude ticks higher as markets awaits fresh price cues
    "Some profit-taking on crude oil was seen given the lack of energy-related news," commodity economist, OCBC bank, Barnabas Gan said.

›››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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