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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:01 GMT+1
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BRIEFS
July 8, 2019
Sched Netweb site
  • Asia-Europe rate off 1.9pc to US$688/TEU, USWC dips 4.1pc to $1,649/FEU
  • Gibraltar seizes Iranian oil tanker resulting in UK-Iran diplomatic row
  • Building has begun on Hapag-Lloyd's record-breaking 13,420 new reefers
  • Scrubbers to be installed on 10 Cosco Shipping Lines box ships
  • Tianjin port to be transformed through the merger of three box terminals
  • Zim to take slots on 2M Alliance's 2nd Asia-US service along Gulf of Mexico
  • Port Klang rolls out 2 new systems to ease container lorry traffic
  • Hutchison Ports opens new box terminal at port of Veracruz, Mexico
  • FedEx is upbeat about outlook for volume growth on Europe to Asia trade
  • Swissport opens second warehouse at Vienna airport
  • Menzies continues to handle freight for Thai Cargo under new agreement

Exim Indiaweb site
JULY 7, 2019
  • 'We welcome the Budget's continued focus on boosting infrastructure'
  • Nautical Institute signs MoU with IMO Technical Cooperation Division
  • Slight decline seen in contracted ocean freight rates for June
  • 'A progressive Budget'
  • Sabari Container Terminals celebrates completion of 17 years of operations
  • Sector commends Finance Minister for focusing on logistics infrastructure
  • Budget outlines connectivity, logistics & infrastructure among key factors to make India a $ 5-trillion economy
  • High-level US trade delegation to visit India to find ways to resolve recent trade tensions
  • Union Budget proposes CGEC & other measures to enhance capital for infrastructure financing
  • FIEO elects Sharad Kumar Saraf as new President
  • South East CEO Conclave & Awards 2019 brings the entire fraternity together in Chennai to confer on key issues & acknowledge excellence
  • US proposes retaliatory tariffs on another $4 bn of EU goods

The Loadstarweb site
JULY 5, 2019
  • As spot rates tumble, container carriers head cautiously toward the 'peak season'
  • Volga-Dnepr U-turn on its decision not to work with air charter brokers
  • Port of Rotterdam expansion sparks call for urgent expansion of Rhine freight corridor
  • E-commerce growth drives warehouse demand in India over supply for the first time
  • The Morrow Roberson Road Test: Kontainers and Chain.io - a promising partnership
  • Indonesian terror group planning attacks on our ships, says China
  • Supply chain radar: Why Germany would be nuts to sell DB Schenker
  • Supply chain radar: A Ceva Logistics remake? Bring in a Swissport IPO...
  • On the wires: John Menzies hammered as 'the sharks are circling'

Marine Logweb site
JULY 5, 2019
  • Fincantieri Marinette to get $31 million in state grants
    Fincantieri Marinette Marine is to receive grants totaling $31 million from the State of Wisconsin for workforce development and shipyard upgrades. The funding was part of Wisconsin's recently signed two-year budget and
  • BMT to design new Kitsap Transit fast ferries
    Teddington, U.K., headquartered BMT has announced the signing of a contract for two new 43 meter (104' x 37'' x 12.5') high-speed, passenger Fast Ferries for Kitsap Transit, with an option for
  • Iran infuriated by seizure of tanker off Gibraltar
    The seizure of a 300,00 dwt tanker by Gibraltar authorities early yesterday has provoked angry responses from Iran - and has also ruffled a few diplomatic feathers in Spain. Iran's FARS news
  • USCG cracks down on illegal charter boat ops in Virginia water
    The Coast Guard has issued another reminder to the public that unlicensed vessel charters are both illegal and unsafe to the consumer. The Coast Guard is currently investigating and issuing violations to

Lloyd's Listweb site
JULY 5, 2019
  • Iranian tanker seizure could face legal challenge, say shipping lawyers
    'I have seen speculation that this was a fuel oil cargo, rather than crude. If that is right and if...
  • UK launches maritime innovation hub
    Port of Tyne, Nissan, PD Ports and others collaborate to kick off the 2050 innovation hub
  • American Hellenic Hull signs up to UN agenda
    Fast-growing Cyprus-registered hull insurer is among the first specialist marine underwriters to embrace principles on sustainable development goals being pushed...
  • LNG sector turning to long-term vessel charters and offtake
    Charter rates and cargo prices in the spot market are nowhere near last year's highs, prompting a U-turn in favour of committing vessels and new...
  • Panamax bulkers benefit from strong start to South American grains season
    Ultramax bulkers are also expected to share some of the gains from the increased grains flows in the coming months
  • Containerships enacts Europe's first simultaneous bunkering operation
    Containerships vessel Containerships Nord has become the first boxship in any European port to load and discharge while undergoing ship-to-ship...
  • Libyan ports remain closed, Standard Club warns
    The Libyan ports of Sirte and Derna remain closed and vessels should avoid the surrounding areas, the Standard Club has...
  • Riseborough to retire after 40-year career in container shipping
    Closely involved in events that changed the course of container shipping in a career spanning 40 years, Rod Riseborough is...
  • More leading carriers add war risk charges
    Major box lines add emergency surcharges following attacks on tankers in Strait of Hormuz
  • Gibraltar extends detention period for seized tanker
    Gibraltar has been granted an application to extend the detention of the Grace 1 tanker for another 14 days. An...
  • Hong Kong port tug operator invests in new high-spec tugs
    Swire and Hutchison-owned Hongkong Salvage and Towage made the decision on the tugs two years ago as they try to...
  • EU told to end protectionist stance and back Hong Kong Convention
    Conference hears there is anger in the shipping community about the EU's ship recycling policies and that despite advances in...
  • Daily Briefing
    Gibraltar tanker seizure triggers Iran-UK diplomatic row | Shipping emissions data has to be reliable | Steamship Mutual defends 116% combined...
  • The Interview: Christian R Gonzalez
    The global corporate head of International Container Terminal Services Inc explains how the terminal operator intends to build a future...
  • Blacklisted Italian shipowner bankrupted by US sanctions now removed by Ofac
    PB Tankers said its vessels are ready to trade again but declined to provide further details on its bankruptcy, including...

The Journal of Commerceweb site
JULY 5, 2019
  • US ports running smoothly ahead of expected 'normal' peak
  • Asia-Europe rate push fails ahead of capacity cuts
  • BCOs seek short-term chassis relief as overhauls stall
  • India considers ways to boost transshipment
  • Rail is critical link in chassis solution
  • Less logistics cross-training stifles container solutions

TradeWindsweb site
JULY 5, 2019
  • Greek authorities find millions in drugs in shipping container
    Greek authorities have seized more than €500m ($561m) in amphetamines smuggled in containers shipped from Syria. According to Reuters, Greek law enforcement found 33 million pills of Captagon - a brand name of the drug fenethylline hydrochloride - weighing 5.25 tonnes in three containers. Authorities are reportedly investigating the possibility the pills were destined for China. Grimaldi ro-ro c
  • Coast Guard searches for crewmember overboard
    The US Coast Guard is searching for a Carnival crewmember who fell overboard Thursday. The agency said the 2,758-berth Carnival Victory (built 2000) notified watchstanders that a 37-year-old worker had fallen overboard 30 miles northwest of Cuba yesterday. The Coast Guard said it deployed a sentry plane and a cutter to conduct the search. The Victory regularly sails from Miami to locations in t
  • Ridgebury Tankers sells VLCC as price spike extends
    Bob Burke's Ridgebury Tankers is set to pocket a tidy profit from the sale of a VLCC bought only 18 months ago Ridgebury surprised the market with an eye-catching swoop for three tankers from DHT Holdings and one from Euronav in late 2017. Volatility and liquidity key to Burke's VL buys Ridgebury Tankers spree shows there is life in old VLCCs DHT Holdings sells trio of veteran VLCCs The compa
  • Singapore: no info on Malacca attack threat
    Singapore has said it has received no information on immediate threats to shipping in the Straits of Malacca following a warning from China this week. Neither has it received any intelligence on imminent attacks to Singapore-flagged vessels, port authority MPA said. On Wednesday, China's Ministry of Transport (MOT) alerted China-flagged ships transiting or bound for the Malacca Straits to an e
  • Golden Energy Offshore puts newbuild to work
    Norwegian owner secures AkerBP charter for new Chinese-built PSV
  • Maersk Line joins rivals in adding Middle East premium as tensions grow
    The world's largest container line has followed its peers in ratcheting up its prices for shipping boxes in the Middle East amid growing hostility in the area. Hapag-Lloyd latest to add war risk surcharge to Gulf boxes Maersk Line announced the additional fee of $42 per container just weeks after two tankers were attacked in the region, in an incident which captured global headlines. Rising cos
  • Gibraltar: no political pressure to detain VLCC
    Government says action taken solely on belief tanker had breached EU sanctions
  • DeepOcean to install Equinor boosting station in North Sea
    The billion-krone boosting station will increase production at the Vigdis field by almost 11 million barrels
  • Nick Fisher back in shipping with ADNOC
    Former Masterbulk boss takes deputy CEO job at oil company's shipping arm.
  • James Fisher and Sons names new chief executive
    After 15 years, Nick Henry is stepping down from the top job at the marine services firm
  • Newbuilding prices hint at reversal from two-year highs
    Newbuilding prices may be softening following a sluggish first half for the world's shipbuilders, according to a leading Greek shipbroker. It comes with each of the core markets seeing a sharp slowdown in newbuilding business in the opening six months of 2019 and what some believe is a record low in the second quarter. The past week has seen a spike in deals for new tankers at South Korean shipy
  • Cosco lines up scrubbers for 23 vessels
    Finnish supplier Valmet wins deal for 10 exhaust gas cleaners
  • Bondholders give MPC Containerships green light for scrubber retrofits
    The boxship owner can spend the sales and insurance proceeds from a boxship that ran aground last year
  • First US-produced ethane heads to China on Evergas ship
    Ship forges new trade route west out of the US exports as the country's volumes gear up
  • DSME finishes first half with just one third of 2019 order target reached
    DSME has closed the first half of 2019 with just one third of its full-year order target secured. Angelicoussis back at Daewoo for another LNG newbuild Politics, price and succession shape Hyundai Heavy and Daewoo mega-merger Daewoo Shipbuilding & Marine Engineering to sign off with second successive profit The South Korean shipbuilder, which is set to merge with rival Hyundai Heavy Industr
  • Polys Hajioannou expands private bulker fleet
    Greek-Cypriot owner acquires a 10-year old panamax, remaining loyal to Japanese-built tonnage
  • Ex-CSIC exec Sun Bo jailed for 12 years
    Chinese state media said sentence for bribery is "lenient"
  • Panama kicked Grace 1 off register in May
    Registry removed seized VLCC from its books after international alert
  • John Angelicoussis clears out vintage ships with second veteran sale this week
    Greek owner John Angelicoussis appears ready to clear out his vintage ore carriers. TradeWinds reported earlier this month that his company Maran Dry Management is to sell its oldest unit, the 246,000-dwt Zhongte (built 1989) for recycling. John Angelicoussis sells oldest bulk carrier for demolition Chinese yard group's CISC and CSSC reunite to create super giant after 20-year divorce Dry bul
  • NS United seeks sale of VLCC in latest deal to test tanker asset price progress
    Japanese shipowner NS United is marketing one of its two VLCCs for sale at a time when the spotlight is on the sector for further evidence of asset prices moving up. Ghassan Ghandour tipped to double his VLCC fleet with secondhand swoop Arne Fredly's Hunter Group poised to pocket highest VLCC resale price in half a decade Shell advances pioneering LNG-fuelled VLCC project A select group of pro
  • VLCC seizure sparks Iranian fury
    UK ambassador summoned as Gibraltar boarding branded 'illegal'
  • Crew rescued from grounded cargoship
    Chinese authorities have rescued all 13 crew from a grounded domestic cargo vessel. Xinhua cited the Donghai Rescue Bureau of the Ministry of Transport as saying the Rong Hai 79 issued a distress signal on Thursday afternoon off Nanri island in Fujian. A rescue ship and helicopter were sent to the scene. The vessel picked up the crew. A tug was due to head out to the stranded cargoship.
  • OneBulk partners in talks to boost fleet
    New alliance of Berling, Nordic Hamburg and Oskar Wehr optimistic its fleet will grow further this year
  • Hapag-Lloyd latest to add war risk surcharge to Gulf boxes
    German liner operator to implement vessel risk surcharge from the middle of July

American Shipperweb site
JULY 5, 2019
  • More carriers implement war risk surcharges
    Container carriers implement charges on ships sailing through the Gulf of Oman and Persian Gulf.
  • Retailers: Keep automation decisions local
    The California Retailers Association opposes a bill to have the State Lands Commission approve port automation.
  • MSC plans general rate increase
    A $1,000 increase is announced for 40-foot containers moving from Asia to the U.S.
  • Maritime History Notes: The Cuban rail ferries
    The Florida East Coast Railroad's ships ran a regular and profitable service from 1915 to 1940.
  • Engineer found guilty of illegal circuit exports to China
  • SSA Marine repowering Oakland container yard cranes
  • Lessors warn misuse of containers growing
  • BIS annual conference next week
  • Morgan assumes acting CBP commissioner role
  • New World army ants stopped by CBP in Florida port

The Bunker Bulletinweb site
JULY 5, 2019
  • Fujairah Q2 bunker demand falls 16% on shipping tensions: sources
    Recent attacks have raised shipping security concerns and boosted insurance premiums for bunkering, sources said.
  • INTERVIEW: ExxonMobil announces low sulfur EMF.5 range; extends supply reach
    "We will continue to expand our presence ahead of the 2020 deadline," Volta said.
  • Singapore light distillate stocks slump as gasoline exports continue to rise
    Stocks of light distillates dropped by a sharp 6.6% on the week, totaling 11.428 million barrels in the week ended June 30, Enterprise Singapore data showed.

›››File
FROM THE HOME PAGE
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
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
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
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%)
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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