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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:34 GMT+1
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BRIEFS
January 22, 2018
Sched Netweb site
  • Asia-Europe rate falls 0.7pc to US$891/TEU, off 5.2pc to USWC
  • ONE ready to sail after getting all required regulatory approvals
  • OOCL cancels Asia-Europe sailings over the Chinese New Year holiday period
  • Blanked Chinese New Year sailings are far lower than 2015-2017
  • Newcomer SM Line to launch new China-USWC service in May
  • Top 7 container lines operate 90pc of active box ship fleet: Drewry
  • Labour issues deal a heavy blow to Gothenburg port's 2017 box volume
  • Dachser's Thomas Reuter resigns to make way for Jochen Mueller as new COO
  • SF Airlines starts thrice weekly Nanning-Dhaka freighter service
  • Air India's proposed sale may hit ground-handler Sats
  • Lufthansa's revenue cargo tonne kilometres rise 7.4pc in 2017

Exim Indiaweb site
JANUARY 21, 2018
  • Bhavani Foundation, Bhavani Group's CSR wing, holds 2nd AGM
  • Chinese New Year blank sailings in 2018: Still a long way to go!
  • Coastal coal transportation seen increasing
  • Drewry makes available automated online analytics & benchmarking
  • Ocean Carrier ISPS surcharge up
  • OOCL christens another 21,413-TEU mega vessel
  • Tanzania reportedly halts registration of foreign ships
  • Adani Ports registers increased volume & profit in Q3
  • Non-standard steel products can now be imported through Nhava Sheva
  • PSA partnering in developing engineering talent for maritime industry
  • Railway conclave discusses expeditious implementation of infrastructure development plans
  • Policy changes recommended at the 25th GST Council meeting
  • Leading shippers, trade facilitators to be part of CTL & BHP 2018

International Transport Journalweb site
  • Working cheek by jowl for a digitalised supply chain
  • China - Poland in just 18 days
  • New vessel for K Line
  • Fedex Trade Network uniting several elements
  • Cincinnati airport on upward trajectory
  • BDP opens more offices in Africa
  • Transport services - tax free - or not?
  • Dawn breaks for Kapalama container terminal
  • DHL launches global trade barometer
  • Hapag-Lloyd represented on COA board
  • Iberia terminates Madrid - Malabo service
  • Airfreight - most important driver of fuel efficiency
  • 109,000 HGVs off the road and onto trains
  • Vopak nominates Foufopolous as board member
  • Kribi added to Europe-West Africa loop
  • Colgate-Palmolive renews contract with Ceva

IHS Maritimeweb site
JANUARY 19, 2018
  • US Coast Guard seeks tighter grip over third parties
  • Italian shipowners' bodies AssArmatori and Confitarma to cooperate
  • Nusrat Ghani gets UK shipping brief
  • Dutch industry lobbyist is new KVNR director
  • Baleària signs Spain's first permanent LNG bunkering contract
  • Marine insurer announces second acquisition in a week
  • Evergreen responds to Norwegian fund ban
  • EMAS Offshore vessel Lewek Constellation
  • Ardmore Shipping sees room for optimism in 2018
  • Maritime UK taskforce to increase number of women in senior shipping roles
  • Sanchi setback follows decades of safety improvements
  • Sovcomflot sees future in energy services
  • India expands Sri Lanka port investment
  • FSL Trust's survival hangs in the balance as third vessel is sold
  • BIMCO launches Microsoft-based contract editor
  • Sanchi collision could spark IMO review
  • 'Problematic' contracts triggered complaint against Hyundai Group chief, says HMM

The Loadstarweb site
JANUARY 19, 2018
  • Port of Southampton to lose call by Maersk/MSC Asia-Europe service
  • 'Big three' express firms may get a run for their money from more savvy rivals
  • Asia-Europe box carriers pessimistic over post-Chinese New Year demand
  • Q4 one to forget for US rail operator CSX, but Canada's CPR breaks records
  • Global Ship Lease eyes new ships and acquisitions after round of debt financing
  • Nusrat Ghani appointed new UK minister for ports

Marine Logweb site
JANUARY 19, 2018
  • USS Fitzgerald arrives in Pascagoula to start repairs
  • NTSB reports on 2016 bulk carrier grounding
  • Washburn & Doughty to build two Z drive tugs with Cat hybrid solution
  • Congressional leaders underscore importance of Jones Act
  • SEACOR in "stalking horse" bid to form liftboat JV

Lloyd's Listweb site
JANUARY 19, 2018
  • Let the time-wasting stop on tackling gender inequality
    New taskforce has a huge challenge ahead of it to overturn ingrained gender bias in the maritime industries
  • J. Lauritzen greets rising dry bulk newbuilding orders with caution
    Although Danish owner and operator sees higher rates in 2018, it is still "cautiously optimistic" as year could prove to...
  • The reality behind SIPG's shining profit figures in 2017
    Trade has improved but the 66% surge in net profit was mainly due to one-off gains
  • The US is back in the LNG import business
    A rare spot market cargo underlines how global trading in liquefied natural gas is changing rapidly
  • Who might buy Rolls-Royce Marine?
    The offshore sector has changed over the past five years and is better placed to embrace new technology; commercial shipping...
  • Golar Partners wins 15-year FSRU contract
    Master limited partnership can nominate either Golar Spirit or Golar Freeze to the Atlantic basin project
  • Heavy fuel oil confirmed to be leaking from Sanchi
    ITOPF says dark patches seen on the water earlier are from sunken tanker's bunkers
  • Concordia Maritime boss bets on Opec reversing production cut
    Gradual return of oil production should lead to increased arbitrage and trading activity, says chief executive Kim Ullman
  • Japan's December vessel export orders up 75% over the year ago
    Rise led by dry bulk vessel orders
  • Box spot rates maintain new year stability
    SCFI shows growing market solidity in 2018, but concerns linger about post-Chinese New Year overcapacity
  • Daily Briefing
    Container shipping is facing further upheaval as three long-established carriers cleared the final hurdle to start their new joint venture...
  • More transparency needed on sanctioned vessels
    Banks and regulators face challenges in tracking activities of such ships for compliance purposes, says Accuity's Tom Golding
  • Thomas Miller acquires Brookes Bell Group
    Brookes Bell will maintain its brand and operational structure
  • Baltic Dry Index tumbles on easing capesize market
    Period rates for capes appear strong
  • Global Ship Lease hires Evercore to advise on strategic initiatives
    Move comes after company refinanced all its debt

The Journal of Commerceweb site
JANUARY 19, 2018
  • East-Pac nearing service contract rate restoration
  • Trans-Pac spot rates split - East Coast up, West Coast down
  • Capacity overhang to ease in mid-2018 as market improves
  • China's largest retailer extends global cold chain reach
  • Asia-Europe spot rates awaiting Lunar New Year demand

TradeWindsweb site
JANUARY 19, 2018
  • JP Morgan slashes tanker rate outlooks
    As crude tankers ready for another tough year, shipping equities analyst takes knife to rate and EPS outlooks.
  • Ridgebury Tankers aframaxes set for sale
    Bob Burke-led company believed to be offloading two tankers as prices pick up.
  • Sale rumour swirls around Marinakis tanker
    Capital Product Partners rumoured to be selling a modern vessel.
  • Sea Globe snaps up Wisdom Marine supramax
    Greek owner understood to have added to its fleet with the addition of bulker.
  • Seacor wins court okay for Montco deal
    Offshore vessel owner will establish a new liftboat joint venture with bankrupt firm as part of reorganisation.
  • Japanese orders jumped 150% in 2017
    Yards boosted by better bulker numbers last year.
  • GMS hits out at Norwegian Bank ban
    Cash buyer says move does not recognise scrapping improvements in Bangladesh.
  • Chembulk collects $200m from bond issue
    DNB Markets leads fundraiser that will refinance debt and set private equity backed company up for growth.
  • Golar Partners inks 15-year charter
    Company can nominate Golar Spirit or Golar Freeze for Atlantic Basin work.
  • Cocaine hidden in CP Offen hull 'parasite'
    Costa Rican authorities find 47 kilos of drug concealed on boxship.
  • Western Marine boosts earnings
    Bangladesh shipyard pushes up profit in final three months of 2017.
  • JP Morgan set for profit after flipping supramax bulker
    Transaction would mark second profit taking move after active buying spree in 2017.
  • Thomas Miller snaps up Brookes Bell
    P&I Club manager makes move into new sector with deal to acquire surveying consultancy.
  • Vessel sinks after Chinese tanker collision
    Cargoship goes down at Baoshan anchorage after tanker clash.
  • DBS, UOB reject EMAS refinancing plan
    But talks continue with lenders over restructuring.
  • Bunker fuel could be leaking from Sanchi
    China says previously unreported slicks spotted by planes.
  • Buyers vie for 'Stalin's yacht'
    Moscow River Shipping looking to sell historic Soviet-era vessel.
  • JP Morgan cuts Navios Acquisition amid dividend concern
    Weaker market could dent cash flow with MLP dropdown options limited, JP Morgan says.
  • Transocean's $1.2bn Songa Offshore takeover approved
    Frederik Mohn will be biggest shareholder in new combined drillship group.
  • Chandris chief cools chatter around tanker sale
    Greek owner adamant it will not be parting with one of its vessels right now.
  • Essar expecting new supramaxes in 2020
    Indian owner appears to be confident of getting ABG vessels 13 years after ordering them.
  • Hapag's Jansen tips more mergers
    CEO says further consolidation is on the cards as demand grows.
  • EMAS Offshore in hunt for new CEO
    Problems continue to mount for company as head honcho leaves amid restructuring efforts.
  • Borr Drilling linked to more Keppel jack-ups
    Tor Olaf Troim-backed drilling vehicle said to be in discussions with Singapore rig builder.
  • ITF backs UAE's new protection for seafarers
    Union claims basic rights are being violated daily by companies operating in the Middle East.
  • FPSO in iceberg near miss off Canada
    Husky Energy forced to suspend operations by regulator over March 2017 incident.

American Shipperweb site
JANUARY 19, 2018
  • Sen. Menendez introduces labor rights, anti-trafficking legislation
    Sen. Bob Menendez, D-N.J., introduced two pieces of legislation Tuesday to terminate Generalized System of Preferences (GSP) benefits for c...
  • DHL forwarding unit unveils trade barometer index
    DHL Global Forwarding on Thursday unveiled a new predictive trade index built around the collection of data from the movement of intermedia...
  • Port of New Orleans to consider second container terminal
    The Port of New Orleans board of commissioners agreed to award up to $300,000 to Los Angeles-based AECOM Technical Services LLC to evaluate...
  • Port of Gothenburg's container volumes sink 19% in 2017
    Container volumes at Scandinavia's Port of Gothenburg fell just under 20 percent in 2017, making last year Gothenburg's worst year ever for...
  • Kansas City Southern's net earnings jump in Q4 2017
    Kansas City Southern (KCS) saw net earnings jump to $552 million on revenues of $660.4 million, according to the rail line's financial stat...
  • PANYNJ takes steps to improve operational issues at JFK Airport
    The Port Authority of New York & New Jersey (PANYNJ) is enacting a series of interim measures at John F. Kennedy International Airport ...
  • Drewry: World Container Index inches up 2.4% this week
    The World Container Index (WCI) - a composite of container freight rates on eight major routes to and from the United States, Europe and As...
  • Report: Norfolk Southern working toward a 'more stable, resilient network'
    Class I railroad Norfolk Southern is working toward a "more stable, resilient network" for 2018 after experiencing recent service issues in...
  • Bourque Logistics to trial rail blockchain platform
    Texas-based rail logistics provider Bourque Logistics has announced its first blockchain project utilizing digitized shipping file formats ...

The Bunker Bulletinweb site
JANUARY 19, 2018
  • Tight Europe-Asia arbitrage margins prompt fuel oil traders to look to Iranian vessels
    Fuel oil traders looking to work arbitrage shipments between Europe and Asia have this month been fixing Iranian VLCCs.
  • TANKERS: Indian-flagged oil tanker goes ablaze off Kandla
    India-flagged medium range oil tanker MT Genessa, anchored around 14 nautical miles off the port of Kandla, Gujarat, caught fire Wednesday.
  • Oil weakens on IEA forecast, as US government shutdown looms
    ICE March Brent 70 cents lower to $68.61/b, NYMEX February crude declined 58 cents to $63.37/b.
  • North American, International oil markets poised for growth in 2018: Schlumberger CEO
    North America activity also seen strong in second year of recovery from downturn.
  • External: Wired Bunkering
  • ANALYSIS: Iraqi Basrah crude prices dip as fuel oil cracks fall to fresh lows
    "Although SOMO cut their OSPs, Basrah Light is still under pressure as there are too many cargoes in the market for January -- it won't go into premium yet," a trader said.
  • Rolls-Royce to conduct strategic review of commercial marine operations
    In 2016, the marine segment contributed GBP 1.11 billion in revenue, with a loss of GBP 27 million.
  • FUTURES: Crude wanes on higher non-OPEC output projection
    "The fear of US shale growth neutralising the OPEC/non-OPEC cuts has been on the back-burner for the past few months, but may come to the fore again," Vandana Hari, founder of Vanda Insights, said.

›››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%)
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
COMPANIES
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
COMPANIES
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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