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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
March 30, 2018
IHS Maritimeweb site
MARCH 29, 2018
  • Moore Stephens: Shipping confidence hits four-year high
  • MSC takes Vega Reederei box ship Kia Ora off charter after Australian ban
  • Bernhard Schulte's Robert Maxwell loses battle with cancer
  • NYK Line to develop LNG-fuelled bulk carrier with Oshima
  • Alpha Gas books LNG carrier pair at DSME
  • Sungdong to sell or lease out shipyards
  • ONE CEO prepares for container alliance launch
  • Japan Marine United saw order surge in 2017
  • MUFG's leasing unit orders VLGC at Hyundai HI
  • Consolidation wave hits Japanese shipbuilders
  • Itochu enters container segment with KMTC charter
  • Japan looks to renewables to solve the carbon conundrum
  • Japanese bulk carriers come back from the brink

The Loadstarweb site
MARCH 29, 2018
  • CEVA plaintiffs get injection of hope from appointment of tough judge and IPO
  • Airfreight rates boost endorses forecast for continued strong demand for capacity
  • Hapag-Lloyd stays in the black, but fourth-quarter operating result slumps
  • DX Express 'still on course' for recovery despite poor half-year for freight division
  • Amazon loses $5bn in market value after Donald Trump threatens 'to go after it'
  • Easter eggs: an amazingly tasty supply chain
  • Chris Welsh retires after 36 years with the FTA and plans consultancy

Marine Logweb site
MARCH 29, 2018
  • Bollinger delivers FRC 28
  • Seven more Majestic Fast Ferry cats to be MTU powered
  • BOEM moves ahead on Vineyard Wind EIS
  • Eagle LNG, Crowley team to supply LNG via ISO container to Puerto Rico
  • Conrad reports loss making year and quarter
  • Wärtsilä submits EC based BWMS for USCG Type Approval
  • LPG-fueled EXMAR tankers to have MAN B&W ME-LGIP engines
  • Test shows WinGD X-DF can burn natural gas and VOC fuel mix
  • VIDEO: MOL ARC7 icebreaking LNG carrier goes to work at Yamal

Lloyd's Listweb site
MARCH 29, 2018
  • Pirates target fishing vessel off Ghana
    The abduction follows the kidnapping of fishermen off Nigeria last week and attacks against merchant vessels in the Gulf
  • China Merchants Port throughput set to grow up to 8% in 2018
    Company's container handling rises 7.4% to 102.9m teu in 2017, while net profit gains 9.7% to about $760m
  • S&P activity may revive after a slow first quarter
    Dry bulk and container shipping assets may change hands more often on weak values while bargain hunters can look at...
  • Key report still pending one year on from Stellar Daisy loss
    Market participants wait for official report from Marshall Islands in order to understand what happened and apply measures to prevent...
  • And we want the IMO to solve climate change?
    The top six flag states at the IMO have more than 50% of world tonnage, yet account for just 0.5%...
  • Maersk Honam blaze set to generate record general average loss
    All shippers with cargo still on the vessel will be liable for damage proportion unless they have general average coverage
  • There is nothing wrong with the IMO fee structure
    IMO agreements are made on the basis of consensus by all member states
  • Cosco eyes methanol, ethanol and ethane shipping
    Move is part of the company's strategy to become an all-rounder tanker player amid volatile oil shipping markets
  • The Interview: Grahaeme Henderson
    While overseeing one of the world's largest shipping operations, Grahaeme Henderson always enjoy stressing his part in enhancing safety over...
  • Global Shippers Forum's Chris Welsh to retire
    Shippers' champion stands down from roles at both GSF and FTA
  • Flag states putting lives at risk by failing to report bulk carrier casualty investigations
    IMO urged to take action against flag states' continued flouting of its mandatory Casualty Investigation Code
  • Viewpoint: Making connections
    There are lessons to be learnt about the power of wind and tide to render even big modern ships helpless
  • Liodden tackles sustainability and diversity after Nor-Shipping tenure
    Former Nor-Shipping director will take up a new post as a sustainability chief at an as-yet-unnamed company
  • Five things to watch: LPG shipping
    LPG shipping markets may gradually recover this year on US exports and slowing fleet growth
  • MSC better than Maersk in UK gender pay gap
    The world's two largest containership operators pay women significantly less than men in the UK with average hourly rates between...
  • Bob Maxwell, managing director of BSM Singapore, dies at 56
    Shipping veteran devoted time to promoting professional development of shore personnel and cadets
  • First US LNG shipment to India due
    Sailing springs from a contract between Indian state-owned gas utility Gail and Cheniere Energy's Sabine Pass liquefaction facility

The Journal of Commerceweb site
MARCH 29, 2018
  • US ports, freight network get federal funding boost
  • NYSA, truckers: Reviving truck ban would hurt NY-NJ
  • Trade war, new capacity threaten carrier earnings growth
  • SeaLand's new Gulf-Central America service to emphasize reliability
  • Delayed US resin export boom set to arrive this year
  • Truck congestion at JNPT delays containers at APM Terminals

TradeWindsweb site
MARCH 29, 2018
  • Exmar results fall on LPG, finance charge
    Antwerp-based diversified energy shipping firm also sees LPG results weaken, but asset sales provide relief.
  • Scrubbers to earn owners profits
    Not many owners are fitting scrubbers to comply with the 2020 fuel regulation but those that do could be raking in the profits
  • Diana Shipping explores $125m Norway bond sale
    US-listed Greek owner has survived extended trough without financing gymnastics, but Oslo market has caught its attention during upturn
  • Scorpio in seamless transfer of Navig8 financing on 17 tankers
    Owner takes on sale-leasebacks and conventional bank financing with original lenders, with only one principal payment required to meet covenant terms
  • New flights agency promises cut-price crew tickets
  • Breakwave dry bulk ETF aims to open FFAs to new investors
    New York financial services firm aims to use the popularity of exchange traded funds to bring freight futures to a broader investment community
  • MSC returns to yards with a fresh take on boxships
    Shipowner appears to have had a change of heart on fuelling choices as it pursues LNG option over scrubbers
  • HMM boxship tender pushed back due to political pressures
  • Bunnemann boxship sale marks neo-panamax exit
    German owner plans to diversify further into dry bulk as it sells last large containership to expanding Danish fund
  • Transmed linked to kamsarmax in first S&P deal of 2018
  • Ports remind shipping industry of need for sustainable growth
    Lessons can be learned from new port initiative that highlights the importance of all future growth needing to be sustainable economically, environmentally and socially
  • Hyundai Mipo Dockyard lands boxship order from Itochu
  • Mitsui inks newbuildings in China and Philippines
    Trader orders capesize bulkers at Yangzijiang and containerships at Tsuneishi
  • TS Lines inks two feeder newbuilds at CSBC Corp
    Latest containerships are the same design to four vessels the carrier ordered at the Taiwanese yard in 2015 and 2016
  • Great Eastern buying second LPG carrier in as many weeks
  • Pakistan's Bahria opens talks on FSRU for new import terminal
  • Woodside seeks LNGBV for Green Corridor bulkers
  • Knutsen set to firm up second Endesa LNG ship
  • North West Shelf puts LNG carrier fleet on sales block
    Raft of vessels could set new benchmark prices for rare secondhand LNG carrier sales
  • Turkish powerships readied with regas for LNG supply
    Karpowership buys in regasification kits as it gears up to grow its vessels' capabilities beyond the use of pipeline gas
  • BW LPG fixes VLGC on shock period charter with Petrobras
  • VLGC spot freight rates hit six-month daily low of $8k
    Fewer trading opportunities and lower US inventories result in less cargo activity
  • CGG names Zurqzuyah as new chief
  • SeaBird puts seismic ship to work on another 30-day contract
  • Offshore demolition hits a peak as owners bite bullet
    More offshore support vessels are going to breakers' yards, with a 153% increase in scrapping so far this year
  • Saudi vessel seizures causing civilians to suffer - UN panel
    Officials using arms smuggling charges to justify illegal interference with innocent merchant shipping to Yemen, claims Greek shipowner Dileton, while a UN panel says the blockage is hurting people
  • Dileton says arms smuggling accusations are trumped up
  • Maersk Honam set for Jebel Ali refuge
  • Zodiac reaches settlement to end demo yard compensation fight
    Shipowner's potential liability for injury sustained during shiprecycling will not be tested in UK courts
  • State underpins Chinese firms' run of salvage work
    A major wreck removal has been lined up for Guangzhou Salvage as government-controlled group increases market share
  • IMO member nations gear up for crunch talks on low-carbon future
    Accused of moving too slowly so far, regulators are set to hand shipowners a series of CO2 goals
  • IMO meetings need to overcome deep splits on CO2 targets
  • World ports commit to sustainable growth
  • Liberian Registry gets new top man at the top in Singapore
  • Attritional claims a worry as premium cash shrinks
  • Surfer stands tall after paddling the Skagerrak
  • Smaller tankers head to breakers as VLCC scrap sales cool
  • Ionic raises tanker stakes with Mitsubishi fleet deal
    Greek company concludes transformational $110m purchase of Japanese aframax quartet
  • Latest salvo in Trump's escalating trade war creates shipping risk
    US action against China and selection of a hawkish national security advisor raise questions about market impact
  • Juice carrier job squeezed for time
    Demand is increasing for orange juice tankers, but owners are expected to prefer the speed of delivery and price of Chinese conversions to more costly European or South Korean newbuildings
  • Almi forges $60m deal as VLCC charterers look long
    US trader locks in pair of newbuilds on charters of three years, as Shell also books tonnage in term deal
  • Clearlake ties up second MR tanker of month
  • 2020 Bulkers sees value rise of New Times newcastlemaxes
  • NRP to buy German handysize
  • Bocimar post-panamax bulker fetches firm price
  • SCI offloads elderly passenger/cargo ship onto breakers
  • Briese Schiffahrt shells out $50m on latest fleet update
    Four more acquisitions for German MPP and heavylift owner takes tally of S&P transactions to about 50 in three years
  • MPP market sees big names return as heavylift S&P rises
    A slow-burning recovery in the multipurpose sector is tempting buyers of secondhand ships and pushing up prices

American Shipperweb site
MARCH 29, 2018
  • Drewry's Moreno examines transpacific container shipping outlook
    If there is not a trade war, Asia to United States container shipments will grow by 6.8 percent this year, while shipments from the U.S. to...
  • U.S. to suspend Rwanda apparel benefits under AGOA
    Starting May 28, the U.S. will suspend Rwanda's duty-free benefits under the African Growth and Opportunity Act (AGOA) for apparel exports,...
  • Shell Oil seeks to upgrade L.A. terminal
    The Port of Los Angeles is preparing an environmental review of a Shell Oil Co.-operated marine terminal, as the company plans to seek a new...
  • Executive Moves: TOTE and Global Shippers' Forum
    TOTE Inc. said that Anthony Chiarello , its president and chief executive officer, will retire this summer after eight years at the helm of...
  • Georgia Ports breaks ground on intermodal terminal
    The Georgia Ports Authority (GPA) broke ground on construction of its Mason Mega Rail Terminal this week, which will double the Port of Sav...
  • Trump goes after Amazon again
    President Donald Trump on Thursday renewed attacks on the e-commerce giant Amazon, suggesting the company shirks its tax-paying responsibil...
  • JaxPort cargo volumes rise amid Puerto Rico recovery
    The Port of Jacksonville handled 100,346 TEUs in February 2018, a 25 percent increase compared with the same month a year ago, according to...
  • FRA accepting comments on rail automation
    The Federal Railroad Administration (FRA) is accepting comments through May 7 on the future of railroad industry automation, the agency ann...
  • Trump asks Congress for $1.5t infrastructure plan
    President Donald Trump is asking Congress to come up with a 10-year $1.5 trillion infrastructure investment plan that only uses $200 billio...

The Bunker Bulletinweb site
MARCH 29, 2018
  • Mediterranean HSFO market seen stronger in April after weak Q1
  • Istanbul port, Bosporus reopen on improving weather: sources
  • OPEC coalition deal 'positive' for global markets, Russian oil industry: Novak
  • Intertanko plans to submit ballast water contingency measures to IMO
    These include fixing the BWM system at the ballast loading port, fixing the system enroute to the port, and performing a mid-ocean ballast water exchange.
  • Brent/Dubai crude EFS hits 44-month high on strong Brent prices
    Middle East geopolitical tensions, falling US crude inventories and growing global demand have contributed to stronger Brent prices.
  • Singapore HSFO cracks regain losses after hitting 19-month lows
    Rising crude prices have been a strong reason for cracks to touch multi-month lows, sources said.
  • Libyan crude appeal starts to broaden in Asia
    Higher flows to Asia are also supported by the steady rise in Libyan crude oil exports this year.
  • VLCC demolition surges as freight market plumbs new lows
    More VLCC tankers vessel have been scrapped so far this year than the last two years combined.
  • Petronas and Saudi Aramco finalize RAPID refinery JVs
    Under the agreement, Saudi Aramco will supply 50 percent of the crude feedstock with the option of increasing it to 70 percent.

›››File
FROM THE HOME PAGE
PORTS
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%)
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.
PORTS
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
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
SHIPYARDS
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
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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