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03 December 2024 - Year XXVIII
Independent journal on economy and transport policy
18:25 GMT+1
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BRIEFS
August 6, 2019
Sched Netweb site
  • Panama Canal implements 10 knot speed limit to save the whales
  • As trade war hits Asia-US rates, capacity withdrawn on Europe routes
  • China makes good on vow to buy US farm products ahead of trade talks
  • Huawei Technologies first half revenues rise 23pc to US$58.3 billion
  • NYK back in the black with quarterly profit rising to US$84.10 million
  • Hamburg inland boxes up 20pc, growth hindered by low water on the Elb
  • Gdansk lifts record 27.3 million tonnes in first half, closes in on Petersburg
  • World shipowners urge restraint after Iran seizes tanker in Strait of Hormuz
  • British Airways locked in negotiations to avert strike by pilots
  • SIA profit falls 20.7pc to U$80.7 million as revenues rise 6.7pc
  • China disputes FedEx on 'misdirected' Huawei parcels, continues probe

Exim Indiaweb site
AUGUST 5, 2019
  • APM Terminals Maasvlakte II increases rail service to major inland logistics hub
  • HFW expands Singapore shipping practice with key hire
  • Höegh Autoliners loads longest break-bulk unit on RoRo in Ennore
  • MOL launches working group for zero emission alternative fuel
  • PSA International acquires Halterm Container Terminal in Canada
  • ZEAMARINE secures largest contract to date
  • Coal imports likely to rise by 13 pc to 185 mt in 2019
  • APM Terminals keen on enhancing trucker experience
  • Quarterly port customers meet held at JNPT to discuss various strategic initiatives under way
  • Ship agents welcome Mumbai Port's decision to raise draught level to dock vessels during low tides
  • India only major Asian nation growing its export share since start of tariff wars in 2018

International Transport Journalweb site
  • Pontic lure for Circle

The Loadstarweb site
AUGUST 5, 2019
  • 'Trouble ahead' for carriers as US/China trade spat heats up again
  • ASEAN road specialists get a boost as trade war escalates and factories shift
  • Major shippers quick to form a link with new IBM blockchain solution
  • K Line hit with record $23.5m fine in latest car carrier cartel probe
  • HK protests spread to airport cargo operations
  • Supply chain radar: Ship-shape at UPS? There's a back story...
  • Against the odds: Sympathy for the devil

Marine Logweb site
AUGUST 5, 2019
  • J.F. Brennan Company named a "Great Place to Work" for third consecutive year
    La Crosse, Wis., based marine construction firm, J.F. Brennan Company, Inc., has been awarded a Great Place to Work certification from international research and analytics company, Great Place to Work, with 96
  • VIDEO: Auckland orders world's first all electric ship-handling tug
    New Zealand's Ports of Auckland Ltd has signed a contract with the Damen Shipyards Group for the delivery of an innovative new vessel. The RSD-E Tug 2513 will be the first fully-electric
  • K-Line's criminal cartel conduct brings hefty Australian fine
    Japanese shipping company Kawasaki Kisen Kaisha Ltd (K-Line) has been convicted of criminal cartel conduct and ordered by Australia's Federal Court to pay a fine of A$34.5 million (about US$23.4 million). The
  • SEACOR buys out minority partner in SEA-Vista
    SEACOR Holdings Inc. (NYSE:CKH) reports that it has become the sole owner of its consolidated SEA-Vista joint venture, acquiring through a subsidiary the 49% interest that had been owned by an affiliate
  • MOL looks at synthetic methanol as a future fuel
    Mitsui O.S.K. Lines, Ltd. (MOL) is looking at synthetic methane as a fuel offering a possible path to meeting IMO GHG reduction targets. The Japanese shipping giant has joined the Carbon Capture
  • Some seafarers to get double pay in Strait of Hormuz
    The U.K.'s Warlike Operations Area Committee (WOAC) has temporarily designated the Strait of Hormuz as a High-Risk Area from August 2, following government advice to avoid the area unless accompanied by U.K.

Lloyd's Listweb site
AUGUST 5, 2019
  • UK joins US-led mission to protect Strait of Hormuz
    The focus of the new mission sidelines plans for a standalone Europe-led coalition and aligns UK towards US operations and...
  • 'Ships for shares' deals set to boost shipping M&A activity
    So-called 'ships for shares' deals involve handing over vessels to a listed company instead of going for an initial public...
  • New Greek government aims to speed up port privatisation
    Newly-installed Greek shipping minister Ioannis Plakiotakis has said that the government intends to speed up upgrading of the country's maritime...
  • Performance Shipping takes first former Maersk tanker
    Two tankers to join the existing company fleet of four container vessels comprising two post-panamaxes and two panamaxes
  • Belfast yard Harland and Wolff to enter administration
    Norwegian owners Dolphin Drilling fail to find buyer and BDO is called in to act as administrator, ending 158 years...
  • M/Maritime takes delivery of Mitsui ultramax
    Expanding Greece-based M/Maritime continues to develop its Japanese-built dry bulk fleet with its fifth ultramax and 10th vessel overall on...
  • Demolition rates hit lowest point for nearly two years
    Payment for dirty tankers per long ton light displacement (LDT) in the Karachi to Chittagong area slumped to between $388.75...
  • Liner reliability improves markedly in second quarter
    Carriers have come increasingly under the spotlight for service reliability, following their worst year on record in 2018
  • Singamas completes sale of dry box business to Cosco Shipping
    Takeover deal will make Cosco Shipping's container making unit the world's second-largest player in the sector, second to only China...
  • World boxship fleet update: ULC deliveries boost fleet capacity
    Scrapping takes a back seat as new vessels see boxship fleet capacity sitting at over 22.m teu
  • MOL sets up working group for zero-emission alternative fuel
    The group will also engage in study and promotion of the fuel in co-operation with other industries, companies and government...
  • Daily Briefing
    UK freeport plans to 'turbo-charge' economy receive underwhelming reception | Latest tariffs in US-China trade war unlikely to boost box...
  • Global shipowners urge immediate action in Strait of Hormuz
    The organisations will continue to work with all relevant authorities to ensure the safety of merchant shipping in the region
  • WOAC designates Strait of Hormuz as High-Risk Area
    The temporary agreement applies to all vessels entered into the UK Chamber and the clauses are invoked if flag state...

The Journal of Commerceweb site
AUGUST 5, 2019
  • LA-LB ports say off-dock chassis storage yards essential
  • Mexican port chief promotes container cabotage
  • COO Tibbetts to leave Virginia port
  • Trucking searches for 2020 vision
  • Modernization drives flow boost for India's BMCT
  • Container contract reliability efforts gaining traction
  • Capacity cuts, price hikes lift Asia-Europe rates
  • Green container shipping can make economic sense

TradeWindsweb site
AUGUST 5, 2019
  • Scales are tilted in favour of European recyclers, says Sharma
    Door remains open for inclusion of Indian yards on Europe's approved list
  • India's demo yards clean up their act, says GMS boss
    Profits and productivity have risen as compliance with the Hong Kong Convention has spread, says Anil Sharma
  • KSS adds VLGCs worth $148m at Hyundai Heavy
    South Korean shipowner's latest newbuildings are chartered out to Turkey's BGN International
  • US blames training for fatal 2017 tanker-navy destroyer crash
    The Singapore Strait crash killed 10 US Navy sailors and injured 48 others
  • Shipping stocks pummeled as trade war escalates
    Shipping stocks took a beating Monday, while the stock market had its worst day of 2019 thanks to new volleys fired in the US-China trade war. The S&P 500 and Dow Industrial Average both slid nearly 3%, while the Nasdaq Composite fell 3.47% as China allowed the yuan to drop below 7 per dollar. Tanker demand escapes direct impact from Trump's latest tariff rhetoric Shipping stocks drop as Trump'
  • US Customs 'very focused' on cybersecurity
    Cybersecurity is one of US Customs and Border Protection's top security challenges in protecting the maritime industry from outside threats, according to agency officials. Like several other sectors, it enjoys the speed and volume with which digital information systems send and store data, but at the risk of being exposed to bad actors, said Troy Miller, director of the New York field office. "M
  • UK to join US shipping defense coalition
    The UK is set to join the US in its efforts to safeguard commercial shipping in and around the Strait of Hormuz. The British government announced Monday afternoon that the Royal Navy will assist the US Navy in the highly-sensitive waterway in an "international maritime security mission" following recent strife in the region. "The UK is determined to ensure her shipping is protected from unlawful
  • Administrators appointed to Harland & Wolff in buyer search
    Closure threat faces Belfast shipbuilder but workers continue urging government to renationalise yard
  • US investor Varde Partners tipped to sell brace of veteran VLCCs
    Finance specialist Varde Partners is said to be selling two of its three VLCCs at firm prices. The Hyundai Samho built 319,000-dwt Energy R and Power D (both built 2003) are reported tied up on subjects for $28.5m. Neda and Ridgebury VLCCs fetch premium prices from conversion buyer Yinson Varde Partners plots long-term stay in shipping industry hit by dislocation in funding The figure compares
  • Global Ship Lease looks to refinance chunk of $900m debt
    Listed owner targets savings of $10m per year on major credit facility
  • Russia shipping oil to Venezuela via Malta STS
    Vortexa says 435,000 tonnes of oil products transferred to end of June.
  • Winners and losers exposed by new dry bulk benchmark study
    Pangaea Logistics tops 21 other public companies in its ability to deliver earnings over market expectations
  • Angeliki Frangou's Navios Maritime Acquisition sells oldest VLCC
    Angeliki Frangou's Navios Maritime Acquisition has taken another step in its VLCC fleet renewal with the sale of a veteran vessel. Angeliki Frangou eyes up VLCC options to renew Navios Acquisition fleet Navios Maritime Acquisition sells oldest VLCC to Nathalin New York-listed Navios Acquisition has offloaded the 305,000-dwt Nave Electron (built 2002), market sources say. A price in excess of $
  • Reed Smith: Iran detours pose collision risk
    Lawyer Richard Gunn says avoiding Iranian waters could congest an already busy channel.
  • Seacor buys out Sea-Vista tanker joint venture
    Seacor Holdings has added some petroleum and chemical tankers to its owned Jones Act fleet. The Charles Fabrikant-led diversified owner has acquired a 49% interest in Sea-Vista, which operates nine petroleum and chemical tankers under the Seabulk name, for $106m. Seacor, which previously owned 51% through a joint venture, bought the remaining stake from an affiliate of Avista Capital Partners.
  • K Line develops LNG-fuelled 'Wozmax'
    Japanese owner teams with Namura Shipbuilding for new bulker design
  • Ince names new managing partners in London
    Law firm promotes Nick Goldstone and Michael Volikas following Gordon Dadds takeover.
  • ESL Shipping's supramaxes turn in loss
    Finnish owner's parent Aspo to lower second quarter profit guidance.
  • Vale's return may boost capesize rates, but can rally be sustained?
    Although freight rates could hit $30,000 per day again, analysts fear improvement may be short-lived
  • Benetech takes its tanker tally to 12 with MR unit from Vinalines
    Michael family-controlled shipowner emerges as buyer of product tanker from Bien Dong Shipping
  • W Marine fuels growth with ship for Indian Ocean trades
    Sarantitis-founded company returns to its roots, buying 13-year-old panamax
  • Croatia willing to support 3 Maj shipyard
    State will help Uljanik group shipbuilder resume production.
  • Teenage worker killed in tank barge blast
    Three others injured in explosion at Ananda Shipyard in Bangladesh.
  • Owners urge action on Hormuz crisis
    ICS, ECSA and ASA call on international community to stop escalation of tensions in Middle East Gulf.
  • John Fredriksen boosts sale and purchase power with new hire from Torm
    John Fredriksen has hired Torm's sale and purchase boss at a time the billionaire shipowner is expected to tighten his focus on shipping asset play. Avance Gas eyes Fredriksen-driven fleet growth and a possible US listing Kent Pischiutta has been recruited to handle S&P business for private Fredriksen vehicle Seatankers and other group companies, including Frontline, Golden Ocean and Ship Finan
  • Seafarers set for double pay as Strait of Hormuz declared 'high risk' area
    Unions and employers come to agreement over danger money for crew
  • Master tested after ship grounded twice
    Alcohol detected after breath test on master in Latvia.
  • Iran seizes 'tanker' over fuel smuggling
    Government claims to have seized foreign vessel carrying oil to "some Arab countries."
  • Fewer tanker orders offer prospect of major rate improvements
    Contracting has slowed amid challenging rate environment, says Poten & Partners
  • Jurong opens new storage facility with eye on IMO 2020
    New terminal designed to handle clean petroleum products, including low-sulphur bunker fuels
  • SGX to drop LNG indices due to low participation
    Sling indices said to have faced competition from more established pricing agencies

American Shipperweb site
AUGUST 5, 2019
  • Latest tariff threat could cause spike in transpacific container rates
    Drewry estimates the latest tariff threat could affect 4 million TEUs of cargo from China to the U.S.
  • Shipowners call for 'freedom of navigation'
    Three international organizations urge an end to escalating tensions in the Strait of Hormuz as Iranians seize another oil carrier.
  • JAXPORT containerized cargo up 89% since 2013
    A new report touts the economic benefits from the Florida port and underscores the importance of a harbor-deepening project to accommodate increasingly larger ships.
  • Mexico accused of dumping tomatoes
    The Florida Tomato Exchange said it looks forward to showing U.S. trade officials that it "has been injured by the surging unfairly traded Mexican imports."
  • US adds sanctions for Russian spy poisoning
    The State, Treasury and Commerce departments will implement various export and financial transaction restrictions on Russia.
  • Executive Moves: Crowley and CCM
  • More cross-border freight flows to Canada
  • BNSF sees slight revenue uptick

The Bunker Bulletinweb site
AUGUST 5, 2019
  • FUTURES: Crude lower amid concerns over US-China trade tensions
    "Crude oil futures were lower as global economic outlook dimmed over an escalation in US-China trade tensions," an analyst at Phillip Futures said.
  • Neste ramps up sustainable fuel production capacity in Singapore
    The expansion will increase Neste's renewable product overall capacity in Singapore by up to 1.3 million mt per annum.

›››File
FROM THE HOME PAGE
Signed the act for the rebalancing of the concession in chief of Venice Terminal Passengers
Venice
Spain : The aim is to "create a new normal", which is aimed strongly at an upper-middle customer segment, with the aim of creating a pole for luxury cruises in Venice, " he said.
In October, freight traffic in the ports of Genoa and Savona-Ligure
Genoa
Recorded increases of 2.5% and 21.9%, respectively. It continues the downturn of cruises in both scallops
Fincantieri has delivered the new cruise ship Viking Vela to Viking
Trieste / Los Angeles
Can accommodate 998 passengers
The government of Montenegro wants to bring the port of Adria back under state control
The government of Montenegro wants to bring the port of Adria back under state control
Podgorica
Will evaluate the possible acquisition of the majority stake in the Turkish Global Ports Holding
China's seaports handled record cargo traffic for October
China's seaports handled record cargo traffic for October
Beijing
Containers amounted to over 24.4 million TEU (+6.2%)
Stable the traffic of goods in the port of La Spezia in the period of July-September
Stable the traffic of goods in the port of La Spezia in the period of July-September
The Spezia
Marina di Carrara has been recorded a decrease of -15.6%
At Spezia they don't want a president of the AdSP "parachuted"
The Spezia
They ask for a president "plug & play" able to deal with the problems right away
Defined the location in the port of Gioia Tauro of the construction site for the bridge over the Strait of Messina
Joy Tauro
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
Ankara
Expected the realization of a terminal container
T&E calls for EU measures to limit ship speed and greater use of wind propulsion
Brussels
Summary complaint of the organization on the progress made by the shipping industry for decarbonisation
To extend the customs corridor to goods in export and on transhipment in the port of Spezia
The Spezia
He was speaking at a meeting between the AdSP and the Customs Agency.
After Maersk, Hapag-Lloyd also initiates an agreement with Chinese Goldwind for supplies of green methanol
Messina (Assshipowners) : yes to the environmentalist push, but the timing and the ways are wrong
Rome
Local, often untimely, local norms have the only effect of moving traffics out of the Old Continent.
Port of Ravenna, final visit of the EU representative to the project "Ravenna Port Hub : Infrastructural Works"
Ravenna
The European contribution has been more than 30 million euros.
In 2023, the performance of road and rail transport services fell in Switzerland.
Neuchâtel
Modal shares remained unchanged
New intermodal service Melzo-Marcianise of Hannibal
Melzo
Two weekly rotations that from the first quarter will rise to three
PSA and Evergreen to jointly operate container terminal in Singapore
PSA and Evergreen to jointly operate container terminal in Singapore
Singapore
The new company will become operational by the end of 2024
In the third quarter economic growth of trade in goods and services of G20
In the third quarter economic growth of trade in goods and services of G20
Paris
Down the value of goods to and from China
Omanita group Asyad will manage the port of al-Suwayq for 40 years
Muscat
The expansion of the stairway and the construction of a quay
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Memorandum of Understanding for the creation of an intermodal terminal in Budapest
Astana
A delegation of the Kazakh KTZ Express to the port of Rijeka
The BIMCO has adopted the FuelEU Maritime Clause
Copenhagen
The European regulation will enter into force next January.
Kenon Holdings (Idan Ofer) announces the next exit from the capital of ZIM
Singapore
Currently owns 19.8 million shares
NIM and EH Group will develop hydrogen fuel cell technologies for shipping
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
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%)
The Zephyr Group snaps up Singaporean Twinco and Germany's Carl Baguhn
The Spezia
The two companies operate in the area of spare parts and components for diesel and gas engines
Rixi, without the ETS review, European maritime fleets will continue to suffer a competitive disadvantage
Rome
According to the deputy minister, it is necessary to intervene at the root of the problem
PSA Italy continues in purchase of equipment for Marghera terminal
Genoa
Committed total value of 8.5 million euros for three rubber-tyred gantry crane electric
Corsica Sardinia Ferries in search of navigating personnel
Go Ligure
The wanted profiles are different, for machine areas, room and kitchen
Agreement for the digital integration of the FS and AdSP Polo Logistics systems of the Western Liguria
Genoa
New Oriental Mediterranean Service-Adriatic via Malta of CMA CGM
Marseille
Will have a weekly frequency
Brussels to give state aid for 1.9 billion euros to German railway company DB Cargo
Brussels
Renewed the Governing Council of Wista Italy
Milan
Constancy Musso confirmed president
Maersk completes orders to three shipyards for 20 new container ships
Copenhagen
In Yangzijiang Shipbuilding committed for six 17,000 teu ships and two from 9,000 teu. At Hanwha Ocean and New Times Shipbuilding ordered six units from 15,000 teu each
Biagio Mazzotta assumes the post of Vice-President of the Federation of the Sea
Rome
President of Assonave will be running for vice president of ENMC
ESPO calls on the new EU Commission to maintain and strengthen the CEF programme
Brussels
The exhortation is also to better adapt it to the needs of ports and their stakeholders
The agreement on training between the AdSP of the Tirreno Centre Northern, the ITS Academy, " G. Caboto " and the European Escola
Cyvitavecchia
Consultation on the extension of the UK ETS to the maritime sector
London
Shipping would be included since 2026
MSC completes acquisition of a minority stake in HHLA
Hamburg
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
ONE acquires a stake in Jakarta's NPCT1 terminal container
Singapore
It has a traffic capacity of 1.5 million teu per year
Transped orders a mobile crane Konecranes Gottwald for its Porto Marghera terminal
Helsinki
It will be taken in delivery in the second quarter of next year
Dutch Raben Group and Swiss elvetica Sieber Transport make up a joint venture
Oss / Berneck
It will detect the Swiss company's groupage transport activity
Dachser & Fercam Italia has opened a new branch in Arezzo
Bolzano
Three thousand square meters of operational surface area and 400 of offices
Fincantieri initiates agreement with SIMEST for the growth of watermark businesses
Milan / Trieste
Conference for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
Approved the Plan of the Organic Ports of Sardinia
Cagliari
There are 938 workers in the 36 enterprises operating in the scallots
Saipem has awarded an EPCI offshore contract from BP in Indonesia
Milan
Container ship charterer MPCC's revenues fell by -28% in the third quarter
Oslo
Fermerci reports delays and cuts to incentives for rail freight transport
Rome
Paper: Real risk of losing 115 million euros
In the third quarter, traffic in shipping containers of Moroccan Marsa Maroc increased by 5% percent.
Casablanca
Exhaustion of the growth of transshipment volumes
At Samsung Heavy Industries orders for the construction of four 16,000-teu container carriers
Busan
Commits the value of about 781 million
Eni-MSC agreement in the field of sustainability and energy transition
San Donato Milanese
It was subscribed by Claudio Descalzi and Diego Aponte
The Grimaldi terminal in the port of Barcelona has been equipped with Onshore Power Supply
Barcelona
It will become operational in January
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 for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
››› Meetings File
PRESS REVIEW
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
South Korea's HJSC adjusts a salesperson for four new 7,900-teu container ships
Busan
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
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%
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