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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:15 GMT+1
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BRIEFS
August 23, 2018
Sched Netweb site
  • Hapag-Lloyd boosts reefer fleet by 11,100 state-of-the-art boxes
  • APL's new Asia-US Eagle Express service lives up to promised delivery times
  • CSBC Corp wins order for ten 2,800 TEU ships from Yang Ming
  • Ship builder Imabari currently holds world's largest orderbook for box ships
  • Port of Everett US$36m South Terminal Wharf Modernisation project
  • Vuzix smart glasses enable warehouse technicians to watch operations in real-time
  • Kalmar wins container handling equipment order from Port of Shanghai
  • Tianjin Air Cargo set to fly after obtaining operating licence
  • Cargo diverted from Visakhapatnam airport due to lack of handling facilities
  • Aeromexico's Rafael Figueroa joins Delta Air Lines Cargo

Exim Indiaweb site
AUGUST 22, 2018
  • Mumbai Maersk sets world record by loading 19,038 TEUs
  • Shashi Kiran Shetty looks at the future with optimism as Allcargo rings in its 25th anniversary
  • Govt mulling duty-free import of capital goods
  • India likely to export 7 m bales of cotton this year
  • Cochin Port Trust earmarks berths, godowns for free storage of relief materials as help pours in
  • KICT inks MoU with CONCOR for ex-im & coastal rail movement
  • Tokyo International Container Terminal marks 20 m TEUs handled
  • ASSOCHAM opens representative office in North America

International Transport Journalweb site
  • Easing the changeover to eco-friendly HGVs
  • Sea Cube finds new CFO within own ranks
  • 5,000 new hoppers for hauling Canadian grain
  • Ethiopian Airlines targets Zambia as southern Africa's hub
  • WFS opens new jetty in Cornwall
  • New facility in Singapore for Cargo-partner
  • Joint efforts for more timber exports from Cameroon
  • Rhenus takes over Archives Assistance Express
  • Hellmann hires veteran from DB Cargo Logistics
  • TICT passes major threshold
  • Biman Bangladesh's first Dreamliner
  • «Curiosity of the day»
  • New locomotives to step up capacity
  • DSLV goes into battle for Europe
  • Singapore Airlines partners with Alibaba Group
  • Samul selling for NYA
  • Mississippi deepening project on the brink

IHS Maritimeweb site
AUGUST 22, 2018
  • Progress made on seafarer access at US ports
  • IoT technology that transmits data through steel boon for ship safety
  • Marine insurers play 'wait and see' as sanctions debate continues
  • Ship Finance buys another three container ships
  • Fredriksen's Frontline sees tanker markets turning
  • US targets two Russian shipping firms, six vessels in North Korea-related sanctions
  • Hyundai Heavy Industries to consolidate shipbuilding units
  • Hafnia and BW Tankers discuss merger that could produce product tanker titan
  • VLCC demolitions reach 15-year high

The Loadstarweb site
AUGUST 22, 2018
  • Transpacific on crest of a peak season wave, but trade war tariff hikes loom
  • Perishables shippers getting buffeted by bad weather and rising costs
  • High-flying DHL Express boosts its freighter fleet with five ex-Etihad A330Fs
  • MSC slows its containerships to help protect whales
  • As Mr Zimmerman once said: 'The times, they are a changing'

Marine Logweb site
AUGUST 22, 2018
  • Crowley's ConRo ship outfitted with advanced bridge
  • Diamond mining vessel to get new gensets
  • Viking Life-Saving to distribute fire extinguishing system for boxships
  • Three more indicted in "Fat Leonard" affair
  • DNVGL: 2020 Global sulfur cap causing paradigm shift

Lloyd's Listweb site
AUGUST 22, 2018
  • Growth in UK ro-ro traffic highlights need for Brexit deal, says BPA
    Government seemingly no closer to agreeing terms for departure from European Union
  • Tanker players brace for Sino-US trade war
    China's tariffs on US energy products are affecting trade lanes even though freight earnings are remaining stable
  • SFI buys three boxships as income slips on impairments
    Three modern containerships will boost charter backlog by $260m
  • Hyundai Mipo sells HHI stake
    HMD says earnings from sale will boost liquidity and the yard's financial structure
  • Zim falls into the red in second quarter
    Despite higher liftings and revenues, operating costs lead Zim to a net loss
  • Shearwater acquires WesternGeco in $600m deal
    The deal is expected to close in the fourth quarter of this year
  • Cargo rollovers cause chaos on transpacific
    Securing guaranteed slots on eastbound Asia-US container shipping services is proving increasingly difficult as spot rates spike
  • Wallenius Wilhelmsen mulls bond issue
    Danske Bank, DNB Markets, Nordea and SEB setting up investor roadshow beginning next week
  • Newton named Joint Hull Committee chairman
    Body representing the interests of those who write marine hull business in the London market names replacement for industry veteran...
  • Modern capesize tonnage rises to near four-year high
    Modern tonnage is more attractive because earnings power is greater
  • Frontline positive on recovery for tanker market
    John Fredriksen's flagship tanker unit will delay part of charter hires for eight old VLCCs leased from Ship Finance
  • The Alliance to move transatlantic base to Hamburg
    Boost for HHLA as carriers confirm use of Container Terminal Altenwerder for US east coast services
  • Moral exhortation will not bring about a British export Wirtschaftswunder
    UK exports as a percentage of gross domestic product lag far behind the international average
  • Between the Lines: Container lines' second-quarter performance lacklustre
    Listed carriers have little to celebrate as freight rates deteriorate
  • Daily Briefing
    Hafnia Tankers in merger talks with BW | Singamas chairman says container buyers cautious on new orders | UK setting...
  • US sanctions Russian shipping for North Korea trade
    Primorye Maritime Logistics and Gudzon Shipping were conducting business with North Korea despite UN sanctions

The Journal of Commerceweb site
AUGUST 22, 2018
  • Minor trans-Pac capacity relief arrives amid peak season
  • ILWU local returns to work at Seattle terminal for night shift
  • Inland port feeding Savannah gives south Appalachia shippers rail option
  • Asia-Europe carriers blank sailings amid bunker fuel pressures
  • Rising costs, weak rates erase Zim revenue, volume gains
  • JNPT terminals working well with customs import reform

TradeWindsweb site
AUGUST 22, 2018
  • Nordic Shipholding widens half-year loss
    Danish product tanker owner faces risk of breaching loan covenants.
  • Hedge fund backs away from Overseas Shipholding
    Major shareholder Paulson & Co sells almost 2.7m shares of the Jones Act tanker owner.
  • Excelerate confirms Bangladesh FSRU start-up
    Regas specialist says project financial sanction to commercial gas flow took 13 months.
  • S&P surge aids buzz around pressurized LPG space
    Epic Gas and StealthGas chiefs discuss upturn in transactions as market shows new strength.
  • Navios Acquisition widens loss in weaker market
    Chief executive Angeliki Frangou still 'pleased' with second-quarter results.
  • Macleod sees seasonal upswing and continued Iranian exports
    Frontline chief expects 2017 winter chill to be an anomaly and presents contrarian view on Iran.
  • Zim plunges to loss despite record volumes
    Israeli line hit by falling rates and higher fuel costs.
  • Cocaine found in box on Peter Dohle ship
    Probe begins into $12m discovery in Costa Rica of drugs bound for Ireland.
  • Grindrod appoints new CEO
    Freight services the focus in South Africa after spin-off of vessels.
  • Diana wins pay rise for capesize
    Greek owner sees sharp increase in charter rate for Semirio.
  • New Zealand navy pays $69m for Ostensjo OSV
    Norwegian owner set for huge profit on multipurpose ship.
  • Montanaro builds stake in shipbroking giant Clarksons
    Shipbroker's stock climbing today after major UK investment firm reveals fresh purchase.
  • Thousands of Croatian yard workers strike
    Walk-out at Uljanik prompted by late payment of wages.
  • Esvagt extends ERRV charter
    Esvagt has stretched a deal for an OSV to provide guard vessel duty and standby preparedness on the Yme field in the Norwegian sector. Repsol Norway has chosen to extend its contract for the 400-dwt Esvagt Corona (built 2004) to the end of August 2019. At that point, the ship will have been in service on the Yme field for five years. "The extension shows that we deliver the quality that the cus
  • Fredriksen's Ship Finance International strikes again with containership trio
    Ole B. Hjertaker says this year's investment run comes with the owner presented with a new deal almost every day.
  • Wallenius Wilhelmsen lines up more bonds
    Roadshow planned to test water for three-year Norwegian issue.
  • Wartsila to upgrade De Beers ship
    Mining vessel to have new generating sets fitted by Finnish group.
  • Mipo raising $280m through HHI share sale
    Korean shipyard securing liquidity to improve finances.
  • South Korea to inspect US-blacklisted ship
    Russian vessel to be checked after sanctions imposed over alleged N Korean trade.
  • Atlantic Offshore buys two OSVs
    ERRV move will create 50 jobs at Aberdeen owner.
  • Frontline strikes more upbeat note on tanker market recovery
    Positive read from chief executive Robert Hvide Macleod comes alongside stronger than forecast results.
  • Expanding Fjord1 fixes $529m loan
    DNB and Nordea provide cash to fund 19-ship newbuilding programme.
  • Hunter Group extends VLCC option dates
    Oslo newcomer has not yet firmed up the last of 10 tankers at DSME.
  • Shearwater buys Schlumberger's seismic business
    Irene Waage Basili-led owner to take over WesternGeco for undisclosed sum.

American Shipperweb site
AUGUST 22, 2018
  • Truck volumes continue 'robust' growth
    Domestic truck tonnage climbed 1.9 percent in July compared with the previous month after a revised 0.5 percent decline in June, according to the latest reading of the American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index.
  • Global automakers unite to fight tariffs
    Several major automobile manufacturing and parts associations have formed a coalition with the sole purpose of opposing tariffs on imports of vehicles and parts to the United States.
  • Descartes picks up PinPoint
    Descartes Systems Group has acquired PinPoint, an Ontario, Canada-based GPS fleet tracking and mobile workforce management provider.
  • ZIM reports second-quarter loss
    ZIM reported a net loss in the second quarter of 2018 of $33.2 million, compared to a net profit of $2.3 million in the second quarter of 2017, as a strong increase in cargo carried was not enough to offset lower freight rates and higher fuel and charter costs.
  • Commentary: NVOCC rules 15 years in making
    The Federal Maritime Commission's recent announcement via a Final Rule offering deregulatory flexibilities for Non-Vessel-Operating Common Carrier (NVOCC) Negotiated Rate Arrangements (NRAs) and NVOCC Service Arrangements (NSAs) is a huge success for the agency.
  • Buying spree pads WiseTech's earnings
    WiseTech Global recorded strong growth in earnings and revenues for fiscal year 2018 as the company aggressively ramped up its global footprint and technology through numerous acquisitions.
  • American Shipper intermodal webinar Thursday
    Join experts from BNSF Railway, Alliance Shippers Inc. and FreightWaves at 2 p.m. ET Thursday as American Shipper brings you "Navigating New Realities: Peak Shipping Season Intermodal Outlook," a webinar you can't afford to miss.
  • Congressman Hunter, wife indicted
    Rep. Duncan D. Hunter, R-Calif., the chairman of the Coast Guard and Maritime Transportation Subcommittee of the U.S. House Transportation and Infrastructure Committee, and his wife, Margaret E. Hunter, were indicted Tuesday by a federal grand jury on charges that they converted more than $250,000 in campaign funds to pay for personal expenses and filed false campaign finance records with the Fed
  • Russian shipowners sanctioned
    The U.S. Treasury Department's Office of Foreign Assets Control has placed sanctions on two more Russian shipowners and their vessels for violating United Nations and U.S. trade sanctions against North Korea.

The Bunker Bulletinweb site
AUGUST 22, 2018
  • Crude futures rise on large-than-expected US crude stock draw
    Crude oil futures settled higher Wednesday
  • Argentina's YPF to invest $560 million to boost oil, gas output in Río Negro province
    Argentina's YPF plans to invest nearly $560 million in a project to ramp up oil and natural gas production
  • Venezuela's PDVSA preparing to hike domestic fuel prices in September
    Venezuelan state oil company PDVSA is preparing to increase fuel prices in the domestic market
  • Kuwait aims to settle oil field disputes with Iraq, Saudi Arabia soon
    Kuwaiti oil minister Bakheet al-Rashidi said Wednesday he expects to resolve two long-standing oil field disputes
  • Iranian oil exports down sharply in first-half August
    Oil exports from Iran have fallen steeply in the first half of August
  • Marine fuel supply unaffected by fire at Brazil's Petrobras refinery
    An accident at Petrobras refinery in Brazil did not affect bunker deliveries
  • Shipping company Maersk may produce own 0.5% sulfur bunker fuel blend
    Transport and logistics group AP Moller-Maersk may produce its own blend of bunker fuel at Rotterdam
  • Norway's Frontline says well positioned on the scrubbers front
    Norwegian independent tanker operator Frontline said Wednesday that it was well positioned on the scrubbers front
  • Spain Las Palmas bunker availability tight on lower volumes from Rotterdam
    Bunker fuel availability at the Spanish port of Las Palmas is tight due to lower volumes from Rotterdam

›››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%)
PORTS
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
SHIPYARDS
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
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
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