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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:39 GMT+1
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BRIEFS
March 26, 2018
Sched Netweb site
  • Asia-Europe rate drops 5pc to US$704/TEU, down 7pc to USWC
  • Burnt 15,000-TEU Maersk Honam towed to Dubai to salvage what's left
  • ONE, Yang Ming, OOCL to start extended intra-Asia loop April 11
  • China blames US for banning sale of American high tech products
  • Hi-tech is way forward for DP World: blockchain, AI and cloud
  • Global Ship Lease posts US$37.87 million revenue, but little else
  • Cheerios maker General Mills blames regulators for truck shortage
  • INTTRA adds Namsung Shipping to its electronic freight customers
  • Shipping industry weighs value of technology in operations
  • Animal rights activists protest flying Canadian horses to slaughter
  • Air cargo demand becomes harder to predict as retail evolves
  • Amsterdam Schiphol makes air cargo bigger, names Pouwels chief

Exim Indiaweb site
MARCH 25, 2018
  • The Swedish Club delivers P&I discount
  • Trade war clearly bad for global shipping
  • Amendments to Foreign Trade Policy 2015-20 - Extension to Integrated Goods and Services Tax (IGST) and compensation Cess exemption under EOU scheme till 01.10.2018
  • More commodities now moving through Kakinada port
  • 'You can achieve whatever you want if you have the burning desire in you': Samir Mankad @ JBS Academy's 6th convocation
  • IATA launches solution to boost safety & efficiency in transport of dangerous goods by air
  • Is more consolidation inevitable in the logistics & warehousing space in India?
  • Orissa Bengal Carrier launches maiden IPO
  • Panel discussion outlines vision for infrastructure development in Maharashtra
  • Seabird acquires Delhi-based MJ Logistic Services
  • Vakrangee announces strategic business tie-up with Blue Dart Express
  • India seen not having much flexing power despite high imports in case of probable trade war

International Transport Journalweb site
  • Of kangaroos and tigers
  • The big picture in a small country
  • Loan to support railway upgrades in India
  • DHL building for Eaton
  • Frankfurt airport ready for more pharma freight
  • Partners funding blockchain trials
  • Enhancing safety and efficiency across UP network
  • Felcht taking leave of DB after eight years
  • Second Sete - Izmir ro-ro connection
  • Busch climbing DHL career ladder
  • Three more locomotives for Hansebahn Bremen
  • Ready for rollout: new toll system in Slovenia
  • More services to South African airports
  • Broekman Logistics opens new warehouse
  • ZCP and CFX modified by Zim
  • Ships cease to be hindrance to freight trains
  • DFDS rearranges UK team
  • Air Astana offering new Frankfurt service

IHS Maritimeweb site
MARCH 23, 2018
  • Ballast water deficiencies in US double in 2017
  • P&I club to return premiums to members
  • The continued safety risks of crew fatigue
  • Shares of CSSC plunge 30% after swapping debt to equity
  • NYK Line begins new shipping contract with Okinawa utility
  • Middle-aged tanker scrapping on the rise as regulations draw near
  • Polaris Shipping ordered to fix unauthorised modifications on ore carrier
  • Seoul plots Five-Year Plan to rescue its maritime industry
  • China container volumes grow strongly in February as risk of trade war looms

The Loadstarweb site
MARCH 23, 2018
  • Spot rates tumble with excess capacity and threat of US-China trade war
  • 2017 was one of the most successful years ever for Lufthansa Cargo
  • Education the key to preventing dangerous links in e-commerce supply chains
  • KFC supply failure, what went wrong? - the Phantom CPO speaks
  • China 'prepared' for trade war and unveils response to Trump tariffs
  • Blockchain and cryptocurrency will usher in a new era for supply chains

Marine Logweb site
MARCH 23, 2018
  • Podcast: EBDG's John Waterhouse discusses design, technology trends
  • VIDEO: Big potential seen for "digital twins"
  • Qatari Coastguard orders nine more vessels at Turkish shipyard
  • Liftboats and a tax cut help SEACOR book a profitable quarter
  • Massive spending bill includes $3.3 billion more for Navy shipbuilding
  • Wärtsilä to maintain South American river tug fleet

Lloyd's Listweb site
MARCH 23, 2018
  • Pirates attack tanker and abduct two fishermen off Nigeria
    Tanker thwarts attack but two fishing vessel crew members are abducted in a separate incident earlier on the same day
  • Five things to watch: Dry bulk shipping
    Forecast earnings in Lloyd's List survey rise as supply-demand balance continues to improve
  • NYK Line says embezzlement case will have 'minimal' impact
    An investigative committee discovered $8.5m of unreasonable and illegal payments in one of NYK's Chinese subsidiaries over four years
  • Swedish Club sticks to zero increase despite 104% combined ratio
    Marine mutual reveals entered fleet tonnage hit a record level
  • Between the Lines: Post-Chinese New Year capacity outlook
    Excess capacity remains on most trade lanes as carriers hope for demand growth to continue
  • Central Europe seafreight platform now accepting cryptocurrency
    Blockchain advocates hail decision as breakthrough, as 45HC.com agrees to take CargoX's CXO token in payment for logistics services
  • Fighting fire with facts
    The Maersk Honan casualty shows the container shipping sector needs to take more steps over hazardous cargoes
  • Amazon is no threat to container lines
    E-commerce giant is not going to operate a fleet of container ships, the challenge will be over who controls the...
  • Data Hub: Trade Statistics
    Booming US market driving increased volumes on main trades in and out of North America
  • The Interview: Bill Gallagher
    Bill Gallagher, president of International Registries, Inc talks to Lloyd's List about the importance of acting on diversity, improving safety...
  • Trump's tariffs pose major threat to shipping demand growth
    Trump's tariffs can bring big marginal effects on maritime industry
  • Shell unveils LNG strategy for post-2020 bunker world
    Energy major plans to enlarge LNG-fuelled fleet and build more LNG bunkering infrastructure, says shipping head Grahaeme Henderson
  • Ship positioning will be key for earnings in US-China fallout
    Container and dry bulk shipping markets could be hit the hardest in trade wars between the two trading giants
  • South Korea orders Polaris to rectify vessel's safety issues
    South Korea's Ministry of Oceans and Fisheries discovers 22 unapproved equipment modifications on the Stella Eagle during a safety check
  • Romania takes majority stake in Daewoo-Mangalia shipyard
    Damen to transfer 2% stake in the shipyard to state-owned firm 2 Mai Mangalia in return for the acquisition to...
  • Diana Shipping nets 87% rate boost for charter deal with SwissMarine
    Capesize dry bulk carrier to start new employment from March 25, with the deal expected to bring in $7m gross...
  • EU's biggest shipping registries shun climate change agenda
    Rank of climate change ambitions by non-governmental organisation Transport & Environment lists Malta, Greece and Cyprus among the least interested
  • US-China trade war may hurt shipping, says BIMCO
    Measures are not likely to have much impact on dry bulk trades, but there may be repercussions for shipping in...
  • Pangaea reports strong fourth-quarter results
    US-based dry bulk operator sees little supply side risk as many rivals constrained from expanding
  • Handysize FFAs plummet as funds disappear
    Handysize market does not make a good hedge owing to its lack of liquidity

The Journal of Commerceweb site
MARCH 23, 2018
  • Persistent congestion at Port of Montreal spurs drayage rate hikes
  • ILA, USMX report 'significant progress' on 6-year extension
  • Blank sailings can't stop trans-Pac spot rate drop
  • Trade dispute with China threatens US container exports
  • New Orleans backs multimodal project at former shipyard
  • SSA opens Mexico ro-ro terminal amid vehicle export surge
  • New India-Bangladesh train service to lower shipping costs
  • Breakbulk, forwarders adapt to meet demands of new water works era

TradeWindsweb site
MARCH 23, 2018
  • Marinakis rejects drugs link, vows to fight 'plotters'
    Greek owner says he is the victim of a government plot after Piraeus judge links him to controversial drugs shipment case.
  • Grindrod narrows yearly losses
    South African tanker and bulker owner moves closer to black ink as losses from discontinued operations lessen.
  • US Gulf VLEC terminal gets sponsor
    Private equity fund said to be buying into project that aims to ship ethane to China.
  • Seacor sees fourth-quarter gain on tax deal
    Offshore vessel owner still reports operating loss as market recovery continues to find footing.
  • Golden Ocean adds period cover on capes
    John Fredriksen's dry bulk vehicle takes advantage of juicy one-year period market to fix capesize.
  • Third Trinity Ships tanker sold by court
    Namibian high court orders disposal of Greek operator's veteran Palenque I.
  • Ultrabulk expects swift return to profit after 2017 loss
    Danish operator slipped into the red last year but forecasts the loss will be a one-off.
  • Dry bulk spared in China's swipe at US
    Tit-for-tat tariffs between two largest economies in the world may hit some reefer trades though.
  • Top Ships fixes $36m newbuilding loan
    European bank comes up with money to finance latest two MR deliveries.
  • JX Ocean inks JMU VLCC order
    Japanese owner said to have returned to compatriot yard for second big tanker.
  • GasLog Partners pens new charters with fresh client
    Deals come just a few days after $207m dropdown from parent.
  • EMAS refinancing hinges on Oslo listing
    Singapore OSV owner's new investor wants continued presence in Norway.
  • Tor Olav Troim chips in $20m as Borr Drilling banks $250m
    Equity offering backed by key shareholders supports purchase of Paragon Offshore.
  • Fitch takes a swipe at boxship owners
    Ratings agency negative on prospects as it criticises "low credit quality."
  • KLC sells 7.5% stake in sister SM Line
    Korean owner banking $17m from disposal of shares.
  • Financial costs hurt Containerships
    Finnish owner saw fourth quarter earnings cut as finance expenses rose.
  • JP Morgan jacks up DHT Holdings in weak tanker market
    Upgrade comes as analyst drops three other shipping names to neutral.
  • Emissions: Greece named as worst EU shipping nation
    Green group reveals countries with poorest attitudes to fighting climate change.
  • Pakistan in drive to build VLCCs and ULCCs
    Government thinks big with plans for new shipyard in Gwadar
  • Garthcliff Shipping makes debut ship purchase
    UK-based shipowner makes use of alternative source of capital to acquire feedership.
  • Singapore fuel oil stocks hit 2018 high
    Lion Republic imports more bunker fuel on increased demand from shipping and weaker demand in Europe.
  • Hapag-Lloyd boxship chased by robbers off Ghana
    Incident involving German containership marks spread of piracy threat in West Africa.

American Shipperweb site
MARCH 23, 2018
  • House Republicans challenge Ross on metal tariffs
    Several GOP lawmakers expressed concern with Trump administration "Section 232" tariffs against steel and aluminum during a Thursday House ...
  • Burnt Maersk Honam expected to dock in Jebel Ali
    Maersk Line said the fire on its containership, Maersk Honam , which killed five crew members, is under control, with salvage operations le...
  • Xeneta: Transpacific rate instability indicative of persistent overcapacity
    Even after a profitable 2017 and continued rate increases in the early parts of 2018, the container shipping industry might not be out of t...
  • NAM presses for Ex-Im Bank confirmations
    The National Association of Manufacturers (NAM) wants the Senate to complete as soon as possible the confirmation process for four outstand...
  • Truckload pricing growth streak continues in February
    Domestic U.S. truckload (TL) rates continued their extended growth streak in February 2018, increasing 6.5 percent compared with the same m...
  • High-rise logistics
    Condominiums in a striking high rise tower now under construction in Miami called One Thousand Museum will overlook the Port of Miami, thro...
  • Intermodal rates rise again in February
    Intermodal rates grew another 5.4 percent in February 2018 compared to the same month the previous year, the seventeenth consecutive year-o...
  • Trump threatens to veto budget as shutdown deadline looms
    President Donald Trump took to Twitter on Friday to threaten to veto a $1.3 trillion federal budget that was approved by Congress just hour...
  • China to 'fight to the end' against U.S.-planned tariffs
    China vowed to "fight to the end" in any forthcoming trade war with the U.S., suggesting it plans to retaliate against U.S. tariffs ordered...

The Bunker Bulletinweb site
MARCH 23, 2018
  • US exit from Iran deal likely following Bolton appointment
    Presidential decision Thursday to name John R. Bolton as his new national security adviser greatly increased the likelihood of a US exit from the Iran nuclear deal next month, according to analysts.
  • Royalty relief lures more bids in shallow water Gulf of Mexico
    Shallow-water royalty relief may have given a boost to recent Gulf of Mexico Lease Sale 250, where oil and gas operators made more than four times as many bids for blocks in water depths of less than about 650 feet than in the previous sale.
  • OPEC production cut deal should have no timeframes: Russian Lukoil
    OPEC, Russia and the other participants in a production cut agreement should stop talking about any expiration dates for the deal, so that they can maintain flexibility on when to exit it, Lukoil CEO Vagit Alekperov said Friday.
  • IMO sulfur cap seen spurring African storage
    The switch to cleaner bunker fuel mandated by the International Maritime Organization will create a major need for storage once the cleaner fuels policies get underway, with some eyeing up a greater footprint in Africa.
  • Crude complex higher on geopolitics, demand
    Crude futures rose Friday as geopolitics added fuel to the fire of firm fundamentals.
  • Lack of cargo loadings see ARA fuel oil inventories jump 30% week on week
    Market talk of a lack of fuel oil cargo loadings in the Amsterdam-Rotterdam-Antwerp hub for Asia as well as soft bunker demand was supported by data from PJK International showing stocks rose 30% to 939,000 mt in the week to Thursday.
  • Bad weather causes concern for bunkering operations at Gibraltar
    Incoming bad weather could be set to cause further delays in bunkering operations in the west Mediterranean ports of Gibraltar, Algeciras and Ceuta, market sources told S&P Global Platts Friday morning.
  • Med LSFO glut struggles to clear, seasonal support missing
    The Mediterranean low sulfur fuel oil market is currently oversupplied and struggling to clear its length, offers in the Platts Market on Close assessment process this week have indicated.
  • Brent/Dubai EFS hits 2-month high amid strong crude
    Brent crude prices have been on an uptrend amid increased compliance by OPEC producers with their output cut deal, improved demand, a decline in US crude stocks and rising geopolitical tensions in the Middle East.
  • TANKERS: Low freight rates prompt renewed interest in trans-Atlantic voyages
    It has created a "you win some, you lose some" attitude among shipowners, sources 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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