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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
December 21, 2018
Sched Netweb site
  • Long Beach terminal has no shortage of suitors
  • 10pc of boxships fleet have scrubbers, which have been sold out
  • SCPA wins US$25m federal grant to expand Inland Port Greer
  • South Asia Gateway Terminals sets new record in 2018 breaching 2m TEU
  • APM Terminals Mumbai handles record 2m TEU in 2018
  • Asia-Europe overland transport rises in popularity
  • Keep flying post Brexit: UK Transport minister says
  • Shanghai Pudong implements IATA's dangerous goods processing system
  • Alibaba's logistics arm turns to Volga-Dnepr's freighter fleet for air capacity
  • UK's East Midlands Airport due to handle 1m packages per night before Xmas

Exim Indiaweb site
DECEMBER 20, 2018
  • Ministry of Shipping gives a positive year-end review - V
  • Old-school approach to identifying problems advocated
  • PSA & Ocean Network Express launch joint venture container terminal in Singapore
  • Deputy Chairman Alok Singh given fond farewell on his repatriation from DPT
  • Economic significance of Rotterdam port shown to be twice as high as previously calculated
  • JNPT organises training programme on engineering & procurement
  • Paradip Port communiqué for vessels
  • Performance of Major Ports improves in key parameters
  • Port call optimisation takes another step forward
  • Govt asks sugar mills to adhere to export quotas
  • Govt mulling setting up trade promotion bodies in 15 countries to promote export from MSMEs
  • Marginal export growth attributed to high base effect
  • Shippers, LSPs & other stakeholders gear up for Gujarat Junction CEO Roundtable & Cargo & Logistics Awards 2019 on Jan. 4 in Gandhidham

International Transport Journalweb site
  • Early presents

The Loadstarweb site
DECEMBER 20, 2018
  • Container shipping industry calls for five-year extension to block exemption regulation
  • ATSG buys 20 more 767s as Amazon Air plans expansion - despite shareholder concerns
  • Charter market ends 2018 on a gloomy note but hopes for low-sulphur silver lining next year
  • Flowerbox pilot boosts efficiencies as shippers hit with "dramatic" rise in Kenyan air freight costs
  • UK supply chains set to lose 20% of workforce if there is a no-deal Brexit
  • 'Operation Brock' plans to keep freight moving at Dover if there is no Brexit deal
  • European airlines call for tougher laws and enforcement for drones

Marine Logweb site
DECEMBER 20, 2018
  • Shell in 50/50 JV to develop New Jersey offshore wind lease area
  • ABS introduces remote surveys
  • Nichols Brothers wins order for two high speed passenger-only ferries
  • Crowley names Parker Harrison SVP procurement and risk management
  • Boston Ship Repair wins $10.9 million Navy contract
  • J-ENG wins first order for engine with Low Pressure EGR system
  • Turkey's Tersan Shipyard boosts its dry dock capacity

Lloyd's Listweb site
DECEMBER 20, 2018
  • Golden Ocean authorises $54m in share buybacks
    The stock's rapid decline in the past three months offers attractive valuations
  • Optimisation will be the focus for 2019
    The Lloyd's List 2019 Outlook webinar has identified the need to push on with optimisation across shipping in the face of a...
  • Maersk moves Immingham-based operations to Hull
    From early in the new year the Hull container terminal will provide the short-sea service that currently operates out of...
  • Box shipping faces turbulent start to new year
    Volatile bunker costs, low-sulphur rules, trade wars and Brexit offer uncertain outlook for containership operators in 2019
  • Calls for EU to extend consortia block exemption rule
    Submissions claim VSAs are still competitive despite consolidation and that exemption sets out clear rules that allow efficient transport and...
  • ONE agrees Singapore terminal deal with PSA
    Joint venture will see ONE utilise four deepwater berths at Pajir Panjang terminal with an operating capacity of 4m teu...
  • Greeks lead the league in secondhand deals
    Numbers three, four and five are Norway, the US and South Korea
  • Viewpoint: Distraction dangers
    In the same way that car users face penalties, it is time that shipping clamped down on the dangerous use...
  • Daily Briefing
    Greeks head 2018's LNG order binge | 2M alliance revamps Asia-Europe network | Iran fuels boxship idle fleet
  • US energy department reporting rule change streamlines LNG export process
    US Energy Secretary Rick Perry said the change would enable US exporters to get their LNG to market faster
  • Par Pacific Holdings banks on differentials ahead of IMO 2020
    Par Pacific sees its logistics acquisitions as key to its success
  • Indonesia CPO exports get boost from levy relief
    Domestic freight rates have risen however as biofuel use mandate drives local demand for CPO

The Journal of Commerceweb site
DECEMBER 20, 2018
  • India softens digital container portal use requirement
  • Expansion sets Veracruz port for growth
  • Extended port gates come slowly to North America
  • Exports offer darkening Brazil container outlook hope
  • Virginia port's faster truck system comes with cost
  • Low inventories drive emergency air cargo
  • ONE extends Singapore footprint via PSA pact
  • Container lines make case for EU consortia exemption

TradeWindsweb site
DECEMBER 20, 2018
  • Piracy continues decline, but Gulf of Guinea raises concerns
    The shipping industry and world governments helped quell piracy in East Africa, but on the other side of the continent things are quite a bit different
  • The year of mergers, Trump's trade war and scrubber mania
    It has been 12 months of money chasing consolidation deals, Wall Street investors remaining aloof, and the IMO finally facing up to sulphur and carbon
  • Fredriksen turns focus to plan succession strategy and mergers
    Norwegian shipping tycoon is working to organise his group of companies for his daughters as he celebrates Christmas in the UK capital for the first time in 50 years
  • Minsheng to sell portfolio of financial leasing vessels
    Chinese lessor is circulating a swathe of its ship-finance fleet to raise funds to buy trading vessels
  • Offen's Conti Group takeover is performing 'a bit better than our expectations'
  • Putin honours Zybko for work on Yamal LNG's Arc7 flagship
  • Dynagas Arc7 turns back to shipyard on maiden voyage
  • LNG shipowners set to home in on yard options as year ends
    Market commentators puzzle over 2018 newbuilding tally as decisions loom for those sitting on slots
  • Chinese tankers involved in STS transfers of Iranian crude and LPG
    Several VLCCs and VLGCs have completed STS transfers in South East Asia and the Middle East in the past few weeks, which Kpler claims is Iran's latest strategy to get around US sanctions
  • Gazprom Neft signs up to first small-scale LNG carrier
    Ice-class newbuilding inked with Singapore shipyard for upcoming Russian export project
  • Norwegian trio leads pack for Toisa subsea newbuild pair
    Kristian Siem, the Saevik family and Rem Offshore are going head-to-head for Chinese-built vessels that are up for grabs after the Greek shipowner's bankruptcy
  • Scientists weigh up potential impact of exhaust gas scrubbers
    Marine biologists are calling for more research into the effects of heavy metals from IMO 2020 devices on sea life
  • Scrubber backers claim 'no measurable harm' to oceans
    But Exhaust Gas Cleaning Systems Association says it 'welcomes dialogue and evaluation based on science and evidence'
  • Trafigura seeks exposure to rising freight market
    Trading giant plans to time charter scrubber-ready tankers, but will also maintain its position as a major spot charterer and is open to contracts of affreightment
  • Trafigura's tanker newbuilding payload set to land in Q1
  • Charterers deploy product tankers in face of fuel glut
    Nearly a dozen vessels have been used as floating storage in East Asia due to weak diesel demand in China
  • Aksoy poised for profit on supramax bulker sale
  • Niovis buys resales and sells veteran bulkers to renew fleet
  • Diana Shipping extends tender offer for Bush mourning
    Simeon Palios-led bulker owner looks to grab 4.2 million shares at $3.60 each.
  • Carnival meets Wall Street consensus on higher revenue
    Arnold Donald-led company hits full-year revenue record, 2019 bookings ahead of last year's results so far.
  • Clarksons gives Maersk Line slow steaming thumbs up
  • Amendments to Global Ship Lease debt buyback approved
    Boxship owner sought bondholder consent to change dividend guidelines and affirm GSL control in light of proposed merger with Poseidon Containers.
  • CEO Helmut Ponath's son takes over at Reederei NSB
    German group completes transformation from shipmanager with executive succession plan.
  • Four ice-class boxships fetch $30m
    A flurry of year-end containership sales caps a busy year
  • Topaz fixes subsea newbuild for wind farm work
    Middle East owner charters out Topaz Tangaroa in North Sea renewables sector.
  • Ocean Yield in charter standstill deal with Solstad
    Rokke company giving OSV giant time to work on restructuring.
  • Taiwan Navigation unveils bulker newbuilding projects
    Taipei-based owner plans to return to Japan to book up to four 80,000-dwt bulkers and install scrubbers on two newbuilding units.
  • ICBC Leasing sells two Pacific Gas VLGCs
  • Final Prestige ruling: Spain to be paid $1.7bn
    Supreme court hands down definitive verdict in controversial tanker spill compensation case involving London Club and vessel's captain.
  • Old Chandris shop resurfaces with ex-Toisa kamsarmax
    Dominion International emerges as manager of last Toisa ship unaccounted for
  • Diamantis Lemos torches 15-year-old tanker pair
    Hudong Zhonghua-built panamax sisterships sold to cash buyers
  • Monjasa brings in UBAF as it targets Aden supplies
    Danish bunker and tanker group sees opportunities in improved security situation.
  • Greek owner fails in Alkyon bulker arrest appeal
    UK court turns down bid by Stallion Eight Shipping in bitter row over security provisions with NatWest.
  • Mystery owner taking over Pacific Radiance
    Restructuring Singapore OSV owner merging with investor controlling $180m of assets.
  • ONE teams with PSA to run Singapore terminal
  • Palmali to fight Russian bankruptcy ruling
    Owner Mubariz Mansimov vows to contest Sberbank taking over its tanker fleet after court decision.
  • Andreas Sohmen-Pao strikes again for BW LPG shares
  • Sohmen-Pao strikes again for BW LPG shares
  • Repaired tanker suffers second fire off US
    Amber Bay hit by blaze two months after incident in October.
  • Gibson chief Richardson reflects on 'first 125 years' of shipbroker
    Strong leaders recognised for steering company through its many highs and lows
  • Golden Ocean follows bond deal with $54m share buyback
  • Pirates release 11 crew from Dohle boxship
  • Samsung inks fourth LNG carrier newbuilding in December
    Korean shipbuilder adds $186m ship, bringing orders to $5.7bn this year.
  • Nomura upgrades Mitsui OSK Lines to 'buy'
    Bank says stock is undervalued, and that the worst of the losses at ONE are behind it.
  • Noble Group finally completes $3.5bn restructuring
    Existing chairman to stay on until replacement can be found for new unlisted company.
  • VIDEO: general cargo vessel runs aground near Bosphorus
    Turkish naval forces and salvage tug Nene Hatun said to have participated in rescue effort.
  • Prima Marine in the market for secondhand VLCCs
    Thai owner believes IMO 2020 introduction will lead to increased demand for floating storage.
  • Pittas family shuffles EuroDry shares
    Shares for Euroseas spin-off moved into separate fund for "cleaner" accounting structure, according to company official.

American Shipperweb site
DECEMBER 20, 2018
  • 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.
  • Concerns aired over West Coast container dwell time
    Agricultural exporters concerned about shift to U.S. East and Gulf Coast ports.
  • Industry urges Europe to extend antitrust protection
    The World Shipping Council and three other shipowner groups tell the European Commission consortia block exemption for liner shipping should be extended.
  • DOE halting 'end use' reporting policy for LNG exports
    The department's Office of Fossil Energy is reverting to a policy of requiring authorized exporters to report where liquefied natural gas or natural gas was delivered.
  • Commentary: China's volatile export market
    If the trade war continues, both China and the United States will face economic challenges.
  • USTR officially postpones tariff hike on Chinese goods
    The Section 301 tariffs across $200 billion of Chinese goods had been set to increase to 25 percent at the beginning of the new year.
  • OFAC set to drop sanctions against Russian firms
    En+ Group, UC Rusal and EuroSibEnergo reportedly have committed to sever Russian oligarch Oleg Deripaska's controlling interests in their operations.
  • Supply chain software pioneer stepping down
  • Executive Moves: Bays, ports and brokers
  • Crowley welcomes second LNG-powered ConRo ship
  • PSA, ONE launching joint venture container terminal
  • Executive Moves: AgTC, Crowley, Dunavant
  • FMCSA declares Arkansas truck driver imminent hazard
  • MOL inspects coal carrier with aerial drones

The Bunker Bulletinweb site
DECEMBER 20, 2018
  • FUTURES 5: Oil prices retreat amid broad market selloff
    Crude futures stepped lower Thursday as steep declines in equity markets exacerbated concerns that a flagging global economy could reduce oil demand growth in 2019.
  • US shale fueling oil market volatility: IEA's Birol
    The increasing role of US production means there is no end in sight to global oil market volatility, International Energy Agency head Fatih Birol said Thursday.
  • After months of record Bakken oil output, dip expected next month
    Record-breaking North Dakota oil production is expected to level off early next year, but the output peak could still be years away, state regulators and analysts said.
  • Mumbai-Colombo bunker fuel price spread widens to 15-month high on ample supply
    The price spread between Mumbai and Colombo delivered 380 CST bunker fuel widened to a 15-month high of $35/mt Thursday.
  • FUJAIRAH DATA: Stocks fall 1.8% on week, led by light distillates
    Refined product stocks at the Port of Fujairah in the UAE declined 1.8% to 17.419 million barrels in the week to Monday.

›››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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