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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:56 GMT+1
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BRIEFS
September 25, 2018
Exim Indiaweb site
SEPTEMBER 24, 2018
  • APL's Eagle Express service facilitates precise logistics planning
  • Bernhard Schulte Shipmanagement launches dedicated offshore division
  • Cancellation of Port Congestion Surcharge in Myanmar
  • China-Vietnam-Thailand service to be upgraded
  • MOL-operated/managed vessels earn commendations from Japan Coast Guard
  • SCFI spot rates down
  • Young Logistics Professional programme at FWC 2018 witnesses tremendous response from start-ups
  • Bangladesh govt approves draft agreement to allow India to use Chittagong & Mongla ports
  • Global cargo volumes looking up, shows analysis
  • South Asia's transport corridors seen becoming engines of growth
  • India seen having opportunity to benefit from US-China trade war
  • Liberalisation of External Commercial Borrowing norms
  • Sanction of pending IGST refund claims where the records have not been transmitted from the GSTN to DG Systems

International Transport Journalweb site
  • The ports are key
  • Digital breakdown prevention system for tractors
  • A330-200P2F makes first landing
  • More mobile data about Le Havre port region
  • Operating injury free for nearly five years
  • Gibson named Orbcomm director
  • Nagel-Group inaugurates warehouse in Bochum
  • Lightweight modular cars for carrying railfreight
  • Turner for Iumi
  • Silk Way steps up Zhengzhou frequency
  • US integrator delivering faster in Europe
  • AAL involved in major offshore project in Australia
  • New swap bodies for greener road/rail transport
  • "Curiosity of the Day"
  • Tiger opening branches in China and Malaysia
  • ESC banks on digital strategist
  • BSM lifts Singapore branch to next level
  • Shanghai Airlines' 100th and world's first A350-900ULR

IHS Maritimeweb site
SEPTEMBER 24, 2018
  • US keeps to sideline of IMO 2020 debate - for now
  • CMA CGM wades into row over sulphur cap bunker surcharges
  • BW Group CEO Carsten Mortensen quits
  • Japan's Big Three choose multipronged approach to sulphur cap
  • Foreign maritime patrols target illicit North Korea ship transfers
  • Why ballast-water equipment manufacturers are seeking closer co-operation
  • KVH Industries leads the charge in the sat-com sector
  • Wisdom Marine linked to Ultramax pair at DACKS
  • Massoel bulker attacked in Nigeria, 12 crew abducted
  • Bulker values hold up as buyers maintain appetite

The Loadstarweb site
SEPTEMBER 24, 2018
  • Fearful US importers brace for clearance stumbles in third tariff round
  • Suspicious shippers urge Maersk rethink on new fuel surcharge plan
  • 2M 'white knight' sails to the rescue of ailing Asia-Europe trade
  • Xpediator reports strong growth, rising profit and an eye for the next takeover
  • 'Be more vigilant' message to forwarders on potentially dangerous shipments
  • Swissport expands handling footprint in Germany with Apron acquisition
  • Chinese company reshaping the world leaves a troubled trail

Marine Logweb site
SEPTEMBER 24, 2018
  • L3 acquires autonomous vessel specialist ASV Global
  • Damen Galati floats out Australia's new icebreaker
  • VIDEO: Newport News lands new radar tower during CVN 73 RCOH
  • Dredging contractors praise signing of infrastructure spending act
  • BWTS specialist Optimar books its largest order yet
  • VIDEO: CMA CGM puts cost of sulfur cap compliance at $160/TEU
  • Dutch Dredging tugboat duo named in Guyana ceremony
  • ICS set to publish new edition of "ICS Gas Guide"

Lloyd's Listweb site
SEPTEMBER 24, 2018
  • CMA CGM and MSC announce surcharge policy changes ahead of 2020 sulphur cap
    CMA CGM will review its sales policy on fuel surcharges, while MSC will introduce a new surcharge in 2019
  • Yards in US and Turkey could be added to EU recycling list
    The commission has launched a public consultation as NGOs claim that the current EU-only list has sufficient capacity to recycle...
  • Tanker Solutions refinances 12 product tankers
    Credit facility for $93.7m continues lending relationship between CIT and the LR1 joint venture between Clearlake and Greece's Prime Marine
  • Vinalines to build container terminals in north Vietnam
    The new container terminals will cost around $299m and will be located at the port of Lach Huyen
  • Shippers condemn Maersk's sulphur surcharge
    Shippers would prefer box lines used scrubbers rather than be charged indefinitely for higher fuel costs after low-sulphur rules take...
  • Bright Navigation buys Noble Group capesize
    The Greek owner buys its second capesize in less than a month and its third this year
  • Asset value is our primary focus, says Minsheng Leasing shipping head
    Some Chinese leasing firms are going even further on value exploration by ordering dry bulkers on their own
  • Labour says no deal Brexit would be 'disaster for UK ports'
    Gridlock on the waterfront unless government secures terms with EU prior to departure, Labour spokesperson maintains
  • Greek shipowners back 'experience-building phase' for sulphur cap
    Union of Greek Shipowners says no backsliding on IMO dates but emphasises that bunker supply chain's responsibilities should not be...
  • Ardmore Shipping to equip 18 vessels with Optimarin ballast water systems
    Irish tanker operator to buy 36 systems from Norwegian supplier Optimarin for undisclosed consideration, with some headed for retrofit
  • Klaveness flags up Oslo listing for unit after $45m placement
    Part of the proceeds to be used to equity finance one newbuilding plus one option from Chinese yard Jiangsu New...
  • Tanzania ferry death toll rises to 224
    The vessel's managers were detained after a preliminary investigation report claimed the vessel had more people than it should on...
  • More cuts required on Asia-Europe box trade
    Weak utilisation driven by overcapacity means Asia-Europe trade lane needs further capacity cuts if freight rates are to rise again
  • China accuses US of trade bullying
    Beijing says it is willing to restart trade negotiations with Washington if the talks are 'based on mutual respect and...
  • Daily Briefing
    Monjasa confident in 2020 global fuel availability | China denies plan to ban open loop scrubbers | The Lloyd's List...
  • BW Group chief executive Carsten Mortensen steps down
    Carsten Mortensen steps down citing personal reasons after leading the tanker and gas group for three years
  • Court extends injunction against Djibouti in DP World dispute
    The move comes after the president of Djibouti passed a decree on September 9 to transfer the majority shareholding in...

The Journal of Commerceweb site
SEPTEMBER 24, 2018
  • Mega-ship deployment at NY-NJ scales up amid peak season
  • Electric truck use accelerates, but diesel to keep dominance
  • BCOs urged to be patient as Wilmington port reopens to trucks
  • India studying mid-sea site for transshipment operations
  • Expanded Deltaport rail deepens Vancouver's interior reach
  • Chittagong to prioritize bigger ships to increase productivity
  • LCL providers try to shore up rate volatility exposure
  • Lack of standardization stymies port-to-port productivity

TradeWindsweb site
SEPTEMBER 24, 2018
  • Ship Finance authorises 50 million more shares
    John Fredriksen's diversified owner brings number of authorised shares to 200 million, according to a regulatory filing.
  • Opec predicts up to 5,000 scrubber installations by end-2023
    Oil group still expects the devices to be on 23,000 ships by 2040.
  • MSC latest shipowner to add fuel surcharge
    Industry giant joins Maersk, CMA CGM in passing IMO 2020 costs to customers.
  • T&E: "Enough ship recycling capacity in EU"
    Green group says owners should not be sending vessels to low-cost overseas breakers.
  • Axis Bulk boosts fleet with third Nisshin panamax buy
    Greek owner shows preference for Jinhai Intelligent Manufacturing sisterships
  • CMA CGM follows Maersk with 2020 fuel surcharge
    French line to pass on costs of low-sulphur rules; opts for limited scrubber use.
  • Havila order triggers $123m Havyard payment
    Norwegian yard designing vessels for Per Saevik's new venture.
  • Shipping cycle remains on recovery curve
    Clarksons Platou Securities weighs up trade war, newbuilding price promise and absorbing oversupply.
  • Maersk Line vessel arrested in Tunisia
    Owner says ship held over various claims cases it is looking into.
  • Grounded cargoship battered by waves off Norway
    Four men from veteran Osfjord airlifted off Afjord area.
  • Novatek ships first Yamal LNG to Brazil
    Russian producer transports gas to Petrobras' Bahia terminal.
  • BW Dry Cargo adds to capesize exposure
    Purchase follows first steps into the sector at this stage a year ago.
  • Fearnley Securities tips product tankers for next super-cycle
    Analysts place buy rating on the market with enlarged Hafnia set to shine.
  • Vroon PSV completes emissions mission
    Pool Express helped assess greenhouse gas and methane levels in North Sea.
  • Amazon's Jeff Bezos linked to Stena ro-ro buy
    Tycoon's Blue Origin said to have bought vessel to ship space rocket parts.
  • Klaveness raises $45m to declare combi option
    Norwegian owner's private placement comes in at the bottom of its potential target range.
  • Iran warns OPEC not to appease US
    Petroleum minister says veto will be used if cartel tries to harm national interests.
  • Heavy-hearted Mortensen left with one choice after wonderful ride at BW
    Danish shipping executive opens up on the reasons for his departure from BW Group, his relationship with Andreas Sohmen-Pao and his future plans.
  • Ardmore reveals BWTS problems after new order
    Owner says "commonplace" operational issues have affected series of newbuildings.
  • Carsten Mortensen quits as BW Group chief executive
    Danish executive parts company with Singapore headquartered group.
  • CEO Holger Nielsen quits Samskip
    New management structure in place after long-serving boss looks for new opportunity.
  • Capital Ship Management linked to aframax order
    Marinakis company reportedly signs for tanker double at Daehan.
  • EAS lines up vital order for four boxships
    Maersk's Alianca one of two companies signing letters of intent.
  • Bulkers most affected by US-China trade war
    Latest tariffs mean the equivalent of 1.5% of global seaborne trade is impacted, says Clarksons
  • Argus to launch IMO 2020 LSFO price assessments
    Pricing agency says product designed to capture growing liquidity in Singapore-delivered bunker market.
  • Paxocean sells jack-up rig newbuilding to Noble
    Robert Kuok-backed shipyard group to provide around two thirds of financing for offshore unit.

American Shipperweb site
SEPTEMBER 24, 2018
  • U.S., South Korean leaders sign revamped KORUS
  • Trump OKs law paving way for dredging work
  • Executive Moves: Abu Dhabi Ports, United Fresh

The Bunker Bulletinweb site
SEPTEMBER 24, 2018
  • Nigerian oil unions issue strike notice
  • Supply concerns push oil settles higher
    The oil complex settled higher Monday as the market digested supply concerns in the wake of a meeting between key OPEC leaders and their allies Sunday
  • Oil could top $100/b as market risks intensify: traders
    Crude prices could rise above $100/b as market uncertainties stack up including sanctions on Iran, Venezuelan production concerns, tighter crude inventories and Saudi spare capacity
  • Pirates kidnap 12 dry-bulk crew members in Gulf of Guinea
    Pirates boarded the MV Glarus off the coast of Nigeria and kidnapped 12 of the 19 crew members on Saturday
  • Iranian oil exports could halve due to US sanctions: Trafigura
    Iran's crude oil exports could drop as low as 1 million-1.3 million b/d after US sanctions take effect on November 5
  • Lower Aug Russia fuel oil exports support NWE backwardation
  • IMO 2020 to cause one-off oil demand surge before market adjusts: OPEC
  • IBIA sees most shipowners complying with IMO 2020 sulfur cap
    The majority of shipowners can be expected to comply with the International Maritime Organization's tighter marine fuel sulfur limits in 2020
  • Shanghai, Hong Kong, Singapore LSMGO prices edge higher on tight supply
    The price for low sulfur marine gasoil at Asian ports edged higher in recent weeks as supply tightened amid keen demand in recent weeks
  • FUTURES: Brent crosses $80/b as US-Venezuela tensions intensify

›››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%)
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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