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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
15:31 GMT+1
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BRIEFS
May 21, 2018
Sched Netweb site
  • Asia-Europe rate slips 2.2pc to US$793/TEU, dips 5.4pc to USWC
  • Hyundai Merchant Marine widens loss to US$162 million, sales fall 14.6pc
  • Hyundai and PSA buy remaining Busan terminal from PE firm
  • TS Lines buys 1,000 reefer containers from Carrier Transicold
  • Tugs come to aid of cargo ships in the Med and Canary Islands
  • Diana Containerships narrows Q1 loss 89.7pc to $3.9 million
  • Total, Shell to develop LNG bunkering at Oman's Sohar port
  • ReCAAP Piracy conference to be held in Hong Kong on June 12
  • US ballast water bill blocked, pleasing environmentalists
  • Trieste to open rail freight village by end of 2018
  • UPS opens package sorting facility at London Gateway
  • Cathay/Dragon's April cargo up 6.7pc to 174,489 tonnes
  • Profit turnaround for SIA Cargo as earnings and revenues soar
  • DSV sets up new regional office in Panama's free-trade zone

Exim Indiaweb site
MAY 20, 2018
  • Autonomous vessels in focus
  • Crest awards CMA CGM Group
  • Customs Brokers Licensing Regulations, 2018
  • Maersk Line wins Best Global Shipping Line award
  • Maersk Tankers to halt activities in Iran
  • MSC enhances services to and from Japan
  • Creation of Directorate General of Trade Remedies (DGTR) in Department of Commerce notified
  • Maritime officials from across segments attend IMO training on port emissions in Mumbai
  • New India-Bangladesh rail line expected to ease cargo movement
  • Parcel Cargo Express Train begins operation connecting the North-East to the west coast
  • Date for filing return in FORM GSTR-3B for April 2018 extended
  • Political economy seen centreing around elections, forcing "wait and watch" by biz
  • India & Indonesia to promote bilateral cooperation in maritime & infrastructure sector
  • Strong trade growth continues but momentum may soften in Q2, trade indicator suggests

IHS Maritimeweb site
MAY 18, 2018
  • 135 years of Fairplay
  • Shipping brokers told to better understand general average
  • Scorpio Tankers signs sale-and-leaseback deal with China's AVIC Leasing
  • Chinese scrapyards raise prices to attract foreign ships
  • SM Line Corp's SM Qingdao (ex-APL Riyadh)

The Loadstarweb site
MAY 18, 2018
  • Shippers with cargo on Maersk Honam must pay to get it released
  • North American rail operators put profits before customers, claim shippers
  • Storm clouds darken on Asia-Europe box trade as carriers struggle with rates
  • Work with haulage industry on emissions, don't penalise us, says RHA chief
  • Operation Stack becomes Operation Brock in M20 truck queueing rethink
  • The ups and downs of reaching an 'understanding' between the US and Gulf airlines
  • P&R's million missing boxes puzzle German prosecutors
  • Trucking industry seeks to avoid 'robot apocalypse'

Marine Logweb site
MAY 18, 2018
  • USCG issues first West Coast Subchapter M COI
  • Saltchuk names Tim Nolan as next President & CEO of TOTE, Inc.
  • Rolls-Royce and Finferries to cooperate in new research project
  • Songa Shipmanagement opts for CR Ocean Engineering scrubbers
  • Eniram joins Project Forward LNG-fueled bulker initiative

Lloyd's Listweb site
MAY 18, 2018
  • Eniram joins Arista Shipping's LNG bulk carrier project
    Eniram owner, Wärtsilä, has been a member of the partnership since 2016
  • The Interview Dr James S.C. Chao
    Founder of Foremost Group and recipient of the Lloyd's List Americas Lifetime Achievement Award explains his philosophy of education, life-time...
  • Marine broker SSL to merge with Endeavour under ownership of JC Flowers
    Senior management from both sides to remain
  • The Lloyd's List Podcast: The week ahead
    On this week's podcast: Why container chiefs are feeling the heat | Tech-lash: Box sector baulks at blockchain | Why...
  • IMO looks at autonomous shipping
    Delegates in London this week sought clarity on the meaning of autonomous shipping
  • China drops anti-dumping probe into US sorghum imports
    China backs down in face of US pressure to provide a thaw in fair trade trade talks
  • Maersk expects to halt all Iran business
    Line to terminate slot purchase agreements and remove Iran as a destination
  • Britannia sees top line jump despite drop in call and premium income
    Members in line for $20m cashback
  • Pricier fuel: look on the bright side
    While the long-term picture remains anyone's guess, near-future prospects are more optimistic
  • UK ports keen on the power of data
    Data analytics could bring genuine efficiencies but faith in automation is overrated, UKMPG survey finds
  • J. Lauritzen says its dry bulk fleet won't break even until 2019
    Danish owner and operator says it is well-positioned for the recovery in the dry bulk market but warns that its...
  • Koichi Fujiwara foresees a revolution ahead for class
    Although he remains deeply traditional in his business style, Koichi Fujiwar, head of ClassNK, believes next-generation technology will revolutionise classification...
  • Torm earnings hit by weaker freight rates
    Nasdaq-listed tanker operator outperforms its peers across all asset classes partly because of cost controls, says Evercore
  • Large crude tankers likely to yawn at Iran, jump for Opec
    Sanctions on Iran may have an overall negligible impact on tonne-mile demand, based on past experiences
  • Scorpio Tanker sells five product tankers to AVIC Leasing
    The world's largest product tanker owner expects the deal to boost its liquidity by $42m after the repayment of outstanding...
  • An INTTRA for blockchain?
    Carriers and shippers are looking for a blockchain solution that does not tie them to an IT supplier or allow...

The Journal of Commerceweb site
MAY 18, 2018
  • Philadelphia ILA mulls coastwide contract withdrawal to check non-ILA terminals
  • Old Dominion Freight Line is in an LTL 'horse race'
  • Trans-Pac spot rates rise, positioning for summer-fall peak season
  • Truckers defy court order, block road near Santos strike site
  • Asia-ECSA volume, rates rise, but capacity increases lag
  • India braces for nationwide port stoppage after JNPT trucker boycott
  • Port of Charleston, railroads extend gate hours
  • Asia-Europe carriers to hike rates as bunker fuel costs rise

TradeWindsweb site
MAY 18, 2018
  • US crude exports send VLCC rates higher
    Stronger demand for US crude leads to more shipping demand, but more vessels may ballast over.
  • TOTE's Puerto Rico chief next CEO pick
    New chief executive comes as Jones Act shipowner looks for next steps for growth.
  • EU thumbs its nose at US's Iran sanctions
    Move by the European Commission could provide a reprieve to shipowners seeking to do Iran cargoes
  • Maersk Broker chief says 2017 momentum has continued
    Managing director says improvements seen in 2017 have carried over into this year.
  • Trafigura sells its first $165m Swiss bond
    Trader and shipowner boosts finances with five-year debt issue.
  • 'Extremely challenging' tanker market puts SCF in the red
    Russian shipowner Sovcomflot has felt the impact of the weak market in first quarter.
  • Brokers to bloom under JC Flowers' guidance
    Endeavour CEO David Lawrence says merger was forged through the need to "get some scale."
  • John Fredriksen has sold out of shipbroking joint-venture
    Norwegian billionaire John Fredriksen has sold out of a shipbroking joint venture with Arctic Securities. New Fredriksen-backed broking team takes shape The company, which was initially launched as Arctic Shipping Norway, was set up at the end of 2015 as a 50/50 venture between Geveran and Arctic Securities. Now shortened to Arctic Shipping, the company's newly released annual report shows Fre
  • Indian court auctioning off cargoship
    Admiralty selling Indonesian vessel at request of port of Mumbai.
  • Shinsung Shipping orders three more
    Korean owner back at Dayang Offshore for general cargoships.
  • Torm takes peer group out-performance to $81m
    Jacob Meldgaard reveals how first quarter results show a continuing trend.
  • Tallink cuts loss in low season
    But passenger numbers and revenue down at Estonian ro-pax owner.
  • Lauritzen looks to end bulker losses in 2019
    J Lauritzen continues to position for a dry cargo market recovery with the Danish owner forecasting a move out of the red for its bulker business in 2019. Lauritzen today announced a core operating profit of $6.m for the first quarter of 2018, down from $7.4m in the final three months of 2017. Mads P. Zacho, chief executive of Lauritzen, said: "During the first quarter of 2018, additional bulk c
  • JC Flowers buys brokers Endeavour and SSL
    Lloyd's insurance specialists combining under ownership of investment fund.
  • Four sale and purchase brokers quit Clarksons Platou
    Departure of relatively young quartet highlights difficulty of retaining talent in Oslo, sources say.
  • Palumbo buys into Viktor Lenac yard
    Italian shipyard group building stake in Croatian plant.
  • First Golar FLNG cargo departs for China
    Pioneering floater conversion Hilli Episeyo completes loading and waves off first shipment
  • BP Shipping tanker trio tipped for sale
    Reported transaction comes three months after previous deal with Swedish owner failed.
  • Hayfin sells out of Fredriksen company
    Fund offloads entire $51m stake in Northern Drilling.
  • Stena Bulk expands Almi Tankers cooperation
    Stena Bulk of Sweden is expanding its co-operation with Almi Tankers of Greece. It is taking on another suezmax on a one year charter for the Stena Sonangol pool, but the company denies additional tonnage has also been secured from the Greek owner. Stena Bulk managing director Erik Hanell confirmed that the 158,000-dwt Almi Galaxy (built 2012) has been chartered for a year. Brokers believe th
  • Hunter Group sells out $65m issue, offers more
    Arne Fredly-backed VLCC newcomer raises cash to pay for new fleet.

American Shipperweb site
MAY 18, 2018
  • Transportation, infrastructure panel unveils water bill
    Transportation and Infrastructure Committee leaders on Friday introduced the bipartisan Water Resources Development Act (WRDA) of 2018, leg...
  • Truck driver pleads guilty to CDL test fraud
    Aziz Akhrorov, a commercial truck driver based in Queens, N.Y., has pleaded guilty in U.S. District Court in Brooklyn, N.Y., to conspiring ...
  • Farm bill fails to pass House
    The House on Friday defeated the 2018 Farm Bill by a vote of 213-198, after conservatives were unable to secure assurances from House leader...
  • Motor carrier provisions, reforms hearing Tuesday
    The Subcommittee on Highways and Transit will hold a hearing Tuesday to examine the implementation of various motor carrier provisions and ...
  • MTC announces leadership transition plan
    MTC Logistics on Friday announced a leadership transition plan in which Andrew "Andy" B. Janson has been appointed chief operating officer ...
  • EU looks to block U.S. sanctions on Iran
    European Union officials on Friday began taking steps to block recently announced U.S. sanctions on Iran. "We will begin the ' blocking st...
  • Nolan tapped to lead TOTE
    Saltchuk has appointed Tim Nolan president and CEO of TOTE, succeeding Anthony Chiarello, who will depart the domestic ocean carrier on Ju...
  • BIS adds 33 people to Unverified List
    The Commerce Department's Bureau of Industry and Security has added 33 persons to its Unverified List based on inconclusive end-use checks ...
  • FDA moves hydrogenated oils dates to back burner
    The Food and Drug Administration is postponing the compliance dates for removing partially hydrogenated oils from foods, the agency said. ...

The Bunker Bulletinweb site
MAY 18, 2018
  • ICE Brent below $80/b as Europe confronts US on sanctions
    ICE July Brent was little changed Friday morning in US trading as European leaders showed a desire to preserve commercial ties with Iran
  • Oil declines as Europe gears up for Iran sanctions fight
    Oil futures fell Friday as ICE Brent drifted further below $80/b on signs of European leaders appearing willing to confront the White House on sanctions being reimposed on Iran
  • ANALYSIS: Increase in Q1 Rotterdam bunker sales surprises physical suppliers
  • Singapore daily bunker fuel trading volume hits record high
    The daily volume of Singapore-delivered 380 CST bunker fuel cargoes traded during the Platts Market on Close assessment process hit a record high Friday
  • Ocean Intelligence downgrades credit assessment of bunker trader Aegean
    Ocean Intelligence now assesses the score of Aegean and its affiliates at "Credit a matter of trust in Principals" as of Tuesday.
  • External: Marine Bunkering(Rotterdam)B.V.
  • Bunker surveyors see bright prospects with fuel oil blending set to jump post 2020
    Robust controls for co-mingling fuels from different sources will be needed as compatibility and stability issues become paramount.
  • INTERVIEW: IMO head says 'no possibility of delay' to sulfur limit rule for marine fuels
    An exclusive interview with IMO Secretary-General Kitack Lim.
  • Teekay Tankers sees market fundamentals recovery starting at the end of 2018
    "OPEC supply cuts and an oversupply of tonnage continued to weigh on tanker rates during the first quarter of 2018," CEO Kevin Mackay said.

›››File
FROM THE HOME PAGE
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
Signed the final agreement on the contract of port workers
Rome
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
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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