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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:15 GMT+1
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BRIEFS
November 23, 2018
Sched Netweb site
  • Singapore's Cosco-PSA Terminal to build 2 new berths to lift volume to 5m TEU
  • OOIL prepares for the sale of its Long Beach terminal
  • MSC to relaunch suspended AE2/Swan loop in December
  • Fitch warns changes to trade policies may negatively impact US ports
  • MTT Shipping orders up to six 1,800 TEU feeder boxships from China
  • DHL Global Forwarding expands LCL offering across Americas
  • Lineage Logistics buys Yearsley in Europe's refrigerated warehousing market
  • China Post strengthens ties with Lufthansa Cargo
  • Maersk's logistics unit Damco posts lower Q3 air and ocean freight revenues
  • China's EHL opts for Edmonton Airport as its N American logistics base

Exim Indiaweb site
NOVEMBER 22, 2018
  • Allcargo Logistics appoints Malini Thadani as Non-Executive Independent Director
  • Bahri takes home three coveted awards, hosts customers & partners at annual oil reception
  • Hapag-Lloyd launches new Asia-Gulf Service
  • Kerry Indev Logistics bags 'Best Business Partner award'
  • MSC receives 'Container Line of the Year' award
  • OOCL announces improvements to Asia-Middle East 1 & Asia-Middle East 3 services
  • The English Court steers a course
  • Major global ports do well in H1
  • Revenue Department in plans to integrate e-way bill with NHAI's FASTag mechanism & DMICDC's LDB services
  • Prime Minister launches Ease of Doing Business grand challenge
  • All roads lead to The Gateway Hotel in Vadodara for the Shippers & LSP Business Forum on CTL 2018 today
  • WTO should remain the engine for global trade: Suresh Prabhu

International Transport Journalweb site
  • Rail cargo too expensive
  • Lamprecht visits Navis in Hamburg
  • United Eastern and Central European cluster for Ceva
  • APL further connects Far and Middle East services
  • Brave FMS staff help blood cancer battle
  • Switzerland rolling out new digital tachograph
  • Jet Airways pushes belly capacity to new peaks
  • Cirillo to lead Swiss Post in 2019
  • Cosco and PSA link up in Singapore
  • Arvato wins Imperial Tobacco Japan as new client
  • Renault tractor joins Wanner fleet
  • BelugaXL makes visibly "happy" first landing in Germany
  • "Curiosity of the Day"
  • Rhenus takes over Nellen & Quack
  • A face for e-commerce at Geodis
  • More maindeck capacity between Brussels and Latin America
  • UK: launch of cross-Britain railfreight service
  • Record-breaking Q3 for port of Oakland
  • Grant secures Long Beach rail expansion project

IHS Maritimeweb site
NOVEMBER 22, 2018
  • Chinese steel scrap, Brazilian soyabeans, and scrapping to hit dry cargo market, says DNV bulker chief
  • Seoul launches fund for LNG-fuelled vessels
  • CITIC funds Oriental Energy VLGCs
  • Offshore vessel owners to see market rebound with spending to top USD152 billion
  • Vitol signs LPG shipping deal with KSS Line
  • China Merchants Bank's leasing unit buys Ardmore MR tanker pair

The Loadstarweb site
NOVEMBER 22, 2018
  • Hapag-Lloyd to launch premium product as part of new five-year plan
  • 'Change the rules now' call after seafarer dies while securing containers
  • Atlas may lease passenger aircraft as arbitrator rules it cannot sub-contract
  • There must be a 'win-win' element in container line service contracts
  • India to probe alleged antitrust behaviour by Maersk and DP World at Mumbai
  • Guillaume Sauzedde to head Ceva's newly merged Europe cluster
  • Geodis appoints Ashwani Nath first global head of e-commerce
  • Operators look to maximise cool chain customer service by vertical integration

Lloyd's Listweb site
NOVEMBER 22, 2018
  • NYMEX to list low-sulphur fuels futures in December
    The contracts will settle against assessments from S&P Global Platts
  • Aegean Marine to be delisted following bankruptcy filing
    The company did not appeal in the allotted 10-day notification period
  • Lim endorsed for second IMO term
    The IMO Council supported a request by Lim to remain at the organisation's helm for another four years
  • Port leaders in Hong Kong prepared for 'monumental challenges'
    Hong Kong is battling fierce competition from Chinese and regional rival ports at a time of transformation in container shipping...
  • Shipowners and charterers in tug of war over 2020 sulphur costs
    Can higher fuel prices be passed to end users? Will scrubber-fitted vessels gain charter premium? Who should pay for the...
  • South Korea unveils $1.5bn fund for LNG-powered ships
    Government will lend around $620m to small and medium-sized shipbuilders, while 140 LNG-powered vessels are to be ordered by 2025
  • Maffei to rejoin Federal Maritime Commission
    Former FMC commissioner Daniel Maffei is set to rejoin the regulator following his nomination by President Donald Trump
  • Daily Briefing
    Hapag-Lloyd sets out Strategy 2023 vision | Lines urged to digitalise or risk being marginalised | Seafarers win a better...
  • Tariffs seen as undercutting global shipping and trade
    International shipping and trade have generally been adversely affected by the series of tariffs that have come into effect this...

The Journal of Commerceweb site
NOVEMBER 22, 2018
  • Peak season shipments swamp Europe's smaller airports

TradeWindsweb site
NOVEMBER 22, 2018
  • System transparency offers upside to shipowners, says PT-Shipmanagement
  • Faerder lines up fresh deals after 'first chapter' setback
    Norwegian company aims to bounce back with fresh projects after 'Donald Trump's twittering' killed off first suezmax newbuildings
  • Scrap values of EU-flagged ships could plummet 50%
    Europe's Ship Recycling Regulation will only allow EU-flag ships to be recycled at approved shipbreakers, which are expected to offer much lower market rates
  • GMS founder still feels excitement in shipbreaking after 26 years
    Anil Sharma, the founder of one of the world's largest cash buyers, defends the green credentials of Indian subcontinent shipbreakers
  • Wilh Wilhelmsen tackles trade worries with tighter management
    Norwegian shipping and services group focuses on technology and agile management to cope with uncertainties caused by trade friction and 2020 fuel rules
  • Maersk in advanced talks to ink feeder boxship deal
    Danish group in discussions with China's Jiangnan Shipyard for up to 10 vessels
  • Norsepower ready to rent out its wind-assisted rotor sails
    Finnish company says lease financing package will allow owners to make fuel savings straight away without the cost of buying its wind power units
  • BoComm charter enquiries reveal speculative buying
    A reported fleet sale-and-leaseback by BoComm Financial Leasing has turned out to be part of a 14-ship buying spree
  • Latsis closes in on LNG debut with talk of Trafigura deal
  • Dalacouras-led Dalex celebrates the highs and lows of turning 50
    Owner looks back at over half a century in business spanning Greece's modern shipping history
  • BGC's acquisition of Poten & Partners shows finance has an appetite for shipbroking
    Growth in LNG and tankers are a central ambition behind the landmark purchase of the US broking shop by the financial services heavyweight
  • Gas carrier's US excursion marks milestone in dynamic LNG sector
    The Golar Tundra's arrival at new Cheniere liquefaction plant underlines the rapid pace of growth in the global gas market
  • Heung-A sells modern feedership to Japan's Kotoku
  • Charter rate levels show signs of recovery for larger boxships
    Bigger vessels are beginning to attract much improved sums for short to medium periods
  • Papua New Guinea's first female cadets set sail
  • Big five lines team up to set common digital standards to accelerate expansion
    Backed by major liner players, the yet-unnamed industry body aims to streamline digitalisation
  • Adnoc Logistics in talks to charter out LNG carriers
    Shipping arm of Adnoc is after leasing deals for up to six years
  • Ships line up for Yamal LNG project's first STS off Norway
  • Traders seek out LNG carriers for multi-year charters
    At least three companies have floated requirements as shipowners hold their nerve, with rates showing little sign of softening
  • Shipmanagers grapple with challenge of fuel restrictions for Polar operations
  • Moundreas makes first tanker order since 2007 for suezmax
    Greece's NGM Energy is booking one firm and one optional suezmax at New Times Shipbuilding in China
  • Raffles heads back to China for second round of tanker orders
  • Bahri Oil celebrates another successful VLCC Week in Dubai
    With growing popularity among tanker officials, the gathering in Dubai draws a crowd second to none
  • Paolo d'Amico on shipping: 'You have to fight for things you love'
    In his first interview since becoming CEO at d'Amico International Shipping and chair of the tanker owners' association, Paolo d'Amico talks shipping, strategy and succession
  • Newport acquires its biggest ship yet
    Greek operator adds panamax, replaces ageing handysize vessel
  • Chinese import buyers of veteran tonnage brave new S&P waters
    Domestic players are seeking alternatives but are steering clear of retrofits after unexpected rule changes
  • Hapag-Lloyd commits to scrubber retrofitting
    German line says exhaust cleaners will be installed on 10 13,000-teu vessels in 2019 and 2020; also testing LNG as a fuel.
  • Bank of Greece rejigs shipping accounting
    Central lender will draw on international maritime databases for data due to fall in receipts.
  • Ports wary as UK drops 'frictionless' Brexit
    BPA warns of potential disruption as possibility of border checks grows.
  • Ostensjo Rederi reveals frigate rescue drama
    Norwegian owner's three tugs took 121 young recruits from ship sunk in clash with Tsakos tanker.
  • Eidesvik: no subsea recovery until 2020
    But Norwegian owner says PSV rates should rise from spring next year.
  • Lloyd Fonds brings in three fund managers
  • Ship boarded by pirates off Nigeria but attack thwarted
  • Pacific Basin seals $40m loan from DSF
    Deal extends existing term facility secured by 19 ships.
  • Crew saved after tanker sinks in Persian Gulf
    Prime Tankers vessel goes down, but French navy frigate finds crew clinging to hull.
  • Ocean Tankers beefs up on tiny tankers
    Three small products tankers belonging to defunct Vermont UM Shipping have sailed across into the fleet of Singaporean tanker giant Ocean Tankers
  • Uljanik yard workers back after month-long strike
    Efforts continue to find investor for troubled Croatian shipbuilder.
  • Braemar Shipping Services switches auditor
  • SBM Offshore adds second FPSO at SWS
  • Gestion grows tanker fleet with handysize duo
  • Exmar set for rebirth after fixing out floating LNG unit
    CEO Nicolas Saverys says last six years have been 'the worst ever' but this deal will transform his company.
  • Diana Shipping plots share buyback after sell-off
    US-listed owner says move is in the company's best interest given its cash position and share price.
  • Tanker's "dead cat bounce" prompts MISC downgrade
    UOB: Tanker owner faces year of challenging cash flow generation clashing with the need for growth.
  • Growth-minded Jebsen inks kamsarmax pair at JMU

American Shipperweb site
NOVEMBER 22, 2018
  • China hasn't stopped unfair commercial actions, USTR says
    The Office of the U.S. Trade Representative on Tuesday issued a 53-page update to its March-completed Section 301 report on China's policies related to IP, tech transfer and innovation.
  • U.S. turns up heat on illicit Syrian oil imports
  • Kuehne + Nagel 'acquiring know-how' with Quick buy
  • COSCO SHIPPING Ports, PSA deepen collaboration
  • Long Beach rail project nets $14 million grant
  • Executive Moves: EROAD and VARGO

The Bunker Bulletinweb site
NOVEMBER 22, 2018
  • TRADER NOTE: Neil Hitchinson leaves Gunvor
    Hitchinson was employed by Gunvor for approximately two and half years, after previously working for Mercuria.
  • NYMEX to list Marine Fuel 0.5% futures contracts from December 9: CME
    The contracts will settle against S&P Global Platts physical Marine Fuel 0.5% assessments.
  • Aframaxes booked to take European HSFO east amid Singapore backwardation
    There is no time lost, an Aframax arrives faster, a fuel oil trader said.
  • Saudi supply surge risks tempering output cuts
    The supply run-up risks a repeat of 2017, when OPEC and its allies took longer than anticipated to clear oil inventories and reverse the slump in prices.
  • New 0.5% swap to limit bunker fuel price risk in 2019 as sulfur cap looms
    The uncertainty over product availability and prices might prompt hedging bunker fuel price risk to reduce exposure to the volatility expected come 2020.
  • FEATURE: Physical bunker suppliers eye indications of 2020 HSFO availability
    As 2020 looms, physical suppliers are questioning the availability of HSFO at bunker hubs and smaller ports.
  • Crude bounces higher amid heightened Saudi Arabia sanctions risk
    Crude prices settled higher Wednesday in the wake of rising tensions between Washington and Riyadh over the killing of journalist Jamal Khashoggi.
  • TRADER NOTE: Marine fuel supplier Bunker Holding appoints new CFO
  • Rotterdam fuel oil barge delays intensify in Europoort area: sources
    Congestion in the Rotterdam fuel oil barge market has begun to intensify, with delays in the Europoort area lengthening as sellers struggle to meet loading ranges for the end of November.
  • External: Marine Bunkering(Rotterdam)B.V.
  • Bunker supplier Bomin sells Belgian operations
    "This is a significant time for our family as we look to enter the bunkering market," said Ronald Somers, CEO of the Somtrans Group.
  • TANKERS: Suezmax earnings on the rise due to strong demand from the East
    So far this year, 24 Suezmaxes have been sent for demolition, the highest number since 2012.
  • US sanctions Russian companies in scheme to sell Iranian oil to Syria
    The sanctions are aimed at cutting off oil sales to the regime of Bashar al-Assad, US administration officials said.

›››File
FROM THE HOME PAGE
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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