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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:33 GMT+1
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BRIEFS
April 23, 2018
Sched Netweb site
  • Asia-EU rate off 0.2pc to US$584/TEU - Asia/USWC flat at $1,152/ FEU
  • CMA CGM to take a quarter of CEVA to boost logistics role
  • Halifax comes back with return of 10,000 TEU ships to the east coast
  • March volumes at Seattle and Tacoma falls 9.6pc to 302,516 TEU
  • Low sulphur fuel rule may have non-compliant fined or banned
  • Panalpina profit up 33.8pc to US$12.7 million, revenue rises 11pc
  • HIT collaborates with vocational school to nurture young talent
  • Drewry: 2018 southern Africa stands to beat 2013 box record
  • Persian Gulf risks having too many container terminals: Ti
  • Bangladeshi double tracking to double intermodal volume in 2 years
  • DHL moves to bigger warehouse in Ontario, California
  • US pilots blast FAA for even considering single pilot cargo planes
  • DoKaSch provides temp-contro for Etihad pharma shipments
  • Saudia Cargo names Omar Hariri its new chief executive

Exim Indiaweb site
APRIL 22, 2018
  • CMA CGM to acquire stake in CEVA
  • IACS Chairman pinpoints three key themes of the Association's strategy for the future
  • KCHAA elects office-bearers & Managing Committee members for 2018-20
  • Shipping Professional Network Mumbai holds 25th event
  • Transworld Group sets up Avana Logistek
  • Adani Ports surpasses 0.5-m TEU mark at Hazira in 2017-18
  • Interasia vessel makes maiden CI3 service call at Chennai International Terminals
  • Krishnapatnam Port clocks record growth of over 25 pc in total cargo handling in FY18
  • ONE vessel makes maiden call at Adani Kattupalli Port
  • Agility launches new online forwarding platform Shipa Freight
  • FIEO & Cogoport ink MoU to technologically empower exporters in cargo management

International Transport Journalweb site
  • And after the better year?
  • Europe sees clear shift towards e-mobility
  • Fraport developing warehouse for Swissport
  • Orange support for cycle race
  • New warehouse in Sofia
  • Port of Los Angeles emphasises stakeholder engagement
  • MOL transports canned bread for charity
  • Agility launches new platform
  • IAG Cargo celebrates 1,000th HK flight with Qatar Cargo
  • From Amazon to LGI
  • Grimaldi names second of three new PCTCs
  • More boxcars to transport forest products and metals
  • CMA CGM buys cornerstone stake in Ceva
  • Royal Mail Group under new guidance
  • Fedex connects Guangzhou and Memphis
  • Baltic railways push intermodal carriage
  • ECSA on Japan-EU trade agreement

IHS Maritimeweb site
APRIL 20, 2018
  • Pakistan reportedly resuming tanker demolitions
  • Korea Eximbank pledges more than USD750 million in shipping loans
  • CMA CGM to buy 25% of global logistics operator CEVA
  • Sungdong begins receivership process
  • SembMarine announces addition to board
  • Keppel O&M remains in the red but sees recovery on the horizon
  • Singapore marine sector roars ahead amid a sea of change
  • Daiichi Chuo Kisen Kaisha in first reorganisation since bailout
  • Versatility, not size, is key for dredgers

The Loadstarweb site
APRIL 20, 2018
  • CMA CGM's swoop to take nearly 25% of CEVA is 'a banker's dream'
  • Container spot rates hold steady, but carrier hopes price rises will stick are fading
  • Stakeholders put their heads together to solve port of Antwerp barge congestion
  • Air Canada Cargo seeks to get closer to key clients, using the personal touch
  • Flexport has ambitions to become a top-10 forwarder
  • Following shareholder concerns, Atlas Air board will become 30% female

Marine Logweb site
APRIL 20, 2018
  • Star Bulk Carriers in 16 vessel swoop
  • Gladding-Hearn starts construction of second cat for Rhode Island
  • Hurtigruten set to convert up to nine existing ships to LNG hybrid
  • Chairman calls for IACS to be a "beacon of light"
  • Cavotec books more orders for e-ferry unmanned mooring systems

Lloyd's Listweb site
APRIL 20, 2018
  • Maersk spoiled tuna fish case clarifies Hague-Visby Rules
    'Unit' defined as item of cargo rather than boxload, Court of Appeal maintains, in landmark legal case governing carriage of...
  • Star Bulk agrees deal for 16 modern bulkers
    Greece-based owner in all-share deal to buy 16 bulkers from Augustea and York Capital
  • Owners warn Chinese leasing firms: We don't want fairweather friends
    Chinese leasing houses are being warned that shipowners need backers who can handle good times and bad at the Capital...
  • Singapore Maritime Week looks to the future of shipping
    More effort may be needed to attract shipping companies to list in the city state and to keep its market...
  • Gerry Wang sets sights on clean energy logistics
    First step is to build up a network, complete all the feasibility studies, and then team up with a big...
  • Europe leaves door open for further consolidation
    Box line concentration only apparent on certain trades, commission says
  • Customers complain of ONE launch chaos
    Forwarders and NVOCCs struggling to find people to talk to over problems at ONE
  • British ports press government for border money post-Brexit
    Ports lobby group warns that government cannot settle for just hiring extra border control staff
  • IEA warns of 'disruption' due to 2020 low-sulphur shipping rule
    IEA head of oil industry worried about a spike in marine fuels in 2020 given little interest in scrubbers
  • MPC Container Ships to get full Oslo Børs listing from next month
    Münchmeyer Petersen set for move up to main board, with anchor investor CSI offloading small fraction of its stake
  • Between the Lines: The winners are...
    Operating results are improving, but scale is proving to be an important factor in profitability
  • Academics share Onassis prize for shipping
    Work in the fields of port economics, and the risks of terrorism in shipping, were recognised this year
  • CMA CGM to take 25% stake in CEVA Logistics
    The deal is conditional on the successful listing of CEVA on the SIX Swiss Exchange
  • Chinese firms invest $1bn in Abu Dhabi Ports
    Three new Chinese firms will also inject a further $47m into the Khalifa Free Trade Zone
  • Keppel believes offshore and marine recovery will take time
    Keppel is using the downturn to streamline operations, build new capabilities and capture new markets

The Journal of Commerceweb site
APRIL 20, 2018
  • Gulftainer expansion plan for Wilmington port advances
  • CP strike postponed, ratification vote to determine if strike occurs
  • China expands ban on US waste exports
  • Prince Rupert adds Yang Ming for third alliance service
  • Asia-US annual contract talks lag amid inland pressures
  • CMA CGM grows inland footprint with 25 percent stake in CEVA

TradeWindsweb site
APRIL 20, 2018
  • Seaspan sees another executive depart
    Departure of general counsel and chief operating officer comes after CFO's steps down.
  • Bourbon gets one-year delay on bond payment
    French offshore vessel owner's next interest payment of EUR 3.9m ($4.8m) has been deferred by one year as it faces debt of over EUR 1bn.
  • Carnival promotes several executives
    Miami-based cruise major advances a host of employees amid retirements.
  • Crowley closes deal on three tankers
    US tanker owner will charter vessels back to SeaRiver Maritime "as a logical extension of our existing petroleum transportation business," the company said.
  • Diana Shipping fixes panamax at better rate
    New York-listed bulker owner lets out second panamax to the Swiss commodity company in past several weeks.
  • Korea Eximbank pledges $753m for shipping in 2018
    State lender to pump more cash into sector in the form of loans and guarantees.
  • Kreuz Subsea forms Brunei joint venture
    Singapore OSV owner sending Kreuz Challenger to work with SPHI Marine.
  • Star Bulk Carriers swoops for stable of 16 ships
    Star Bulk Carriers has swept up a mixed fleet of 16 dry cargo vessels in an all shares deal. The ships range from ultramax to newcastlemaxes and have been purchased from Augustea Atlantica and York Capital Management. Augustea chief executive Raffaele Zagari will join the Star Bulk board as part of the deal. Petros Pappas, chief executive of Star Bulk, said the company has bought a high quality
  • China CSSC sees earnings slip
    State shipbuilder hit by lower revenue in 2017.
  • Arctic Securities warms to tankers with new buy ratings on major owners
    Opec action likely to turn the tables for tankers in next six to nine months, analysts say.
  • CMA CGM splashes up to $460m on CEVA stake
    Bonds drop after deal to take stake in logistics company revealed.
  • Deutsche Bank raises Seaspan to buy
    Analyst likes the look of rising rates and the GCI fleet acquisition.
  • Tonic for tanker owners as Pakistan market re-opens
    Pre-Ramadan rush of tanker scrapping could be in store after final signatures see demolition resume in Pakistan.
  • Canadian, US professors share Onassis Prize in Shipping
    Work on ports, piracy and terrorism land $200,000 payouts for academics.
  • Affinity profit inches up despite dip in revenue
    Richard Fulford-Smith-fronted brokerage reveals profitable 2017 with slightly higher bonus payments.
  • Damaged Bibby bulker heads for scrap
    Cheshire making final journey to Turkey after cargo overheating incident off Canaries last year.
  • Korean court starts Sungdong receivership
    Deloitte Anjin will carry out due diligence on restructuring yard.
  • JP Morgan 'more constructive' on crude tanker recovery
    Analyst Noah Parquette raises estimates for VLCCs in 2019 and 2020 and upgrades Navios MLP.
  • New Bibby Line CEO to 'lead next phase of growth'
    UK shipowner brings in ex-ITV man John Cresswell to replace Sir Michael Bibby.
  • EMAS Offshore avoids Oslo delisting
    Restructuring Singapore OSV player reprieved in Norway.
  • Turkey auctioning off cargoship
    Veteran vessel to be sold after being stuck in Samsun for two years.
  • Keppel Corp eyes smart rigs and smart yards
    Singapore yard group looks to digitalisation, AI and robotics to give it competitive edge.
  • Panama Canal handles three LNGCs in a day
    GasLog and Dynagas ships make landmark transit as waterway looks to address 'bottleneck' issues.
  • Indian Oil Corp seals deal for Dhamra LNG terminal
    State-owned oil company has signed a 20-year deal with facility set to come on line in 2021.

American Shipperweb site
APRIL 20, 2018
  • Executive Moves: Jacksonville Port Authority and Roadrunner Transportation Systems
    The Jacksonville Port Authority has named Beth McCague interim chief financial officer, effective May 7. She has served as an adviser to th...
  • Bourque Logistics expands to Jacksonville
    Bourque Logistics, a provider of logistics and information technology services to rail shippers and short lines, has opened a new office in...
  • FTR: Tight truck market 'best ever' for operators
    An extremely tight North American trucking market in early 2018 has created the "best ever" environment for operators, according to freight...
  • Bank loaning Korean shipping industry $753 million
    The Export-Import Bank of Korea on Friday promised 800 billion won ($753 million) in loans and guarantees to the Korean shipping industry, ...
  • Perdue hopeful for tariff reduction talks with China
    Agriculture Secretary Sonny Perdue during a House hearing Wednesday expressed his hopes that the Trump administration and the Chinese gover...
  • TRAC links up with blockchain group
    Intermodal equipment provider and chassis pool operator TRAC Intermodal has joined the Blockchain in Transportation Alliance (BiTA), the co...
  • CMA CGM acquires stake in CEVA
    CMA CGM announced Friday that it has struck an agreement with CEVA Logistics AG to acquire a nearly 25 percent equity stake in the global l...
  • China extending ban on solid waste imports
    China's Ministry of Ecology and Environment announced Thursday that China will ban imports of 32 types of solid waste in its latest move to...
  • Port of Le Havre floats 'ambitious' capex plan
    HAROPA, which manages the French ports of Le Havre, Rouen and Paris, is considering an aggressive expansion plan at Le Havre in the wake of...

The Bunker Bulletinweb site
APRIL 20, 2018
  • Trump accuses OPEC of 'artificially' boosting oil prices
    Top OPEC nations and Russia rejected accusations Friday by US President Donald Trump in a tweet that they were fixing prices.
  • Trump seen as getting ahead of 'blame game' for rising oil price
    Despite President Donald Trump's threat Friday that the US will not accept "artificially very high" oil prices, Washington is not expected to take any real action against OPEC or its budding long-term pact with Russia, analysts said Friday.
  • Crude pares declines amid spat between Trump, OPEC
    Crude futures were little changed Friday afternoon, but above session lows, as traders digested a war of words between President Donald Trump and OPEC over oil market conditions.
  • OPEC COALITION MAY DECIDE IN JUNE TO START CUTTING QUOTAS IN H2 OR 2019: NOVAK
    Surplus crude oil stocks over the five-year average fell to 12 million barrels as of April 1.
  • Current level of oil market investment not adequate: Saudi Arabia's Falih
    Consensus emerging that the current production cut needs to be extended beyond 2018.
  • Dubai crude breaches $70/b for first time since 2014 on global rally, summer demand
    "Geopolitical risks are keeping prices supported at the moment," Vishnu Varathan, head of economics and strategy at Mizuho Bank,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%)
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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