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05 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
May 10, 2019
Sched Netweb site
  • APL boosts Japan Thailand Vietnam Service with three additional calls
  • Cosco to acquire four container making units from PIL's Singamas
  • Hutchison's BEST terminal in Barcelona boosts storage capacity
  • Global Ship Lease charters two 8,677-TEUers for five years to MSC
  • FMC doubts overcapacity or IMO 2020 will cause carrier bankruptcies
  • Scrubber lobby wins OK for open loop from 20 world port authorities
  • US$4m fine for oil-contaminated ballast water discharge in Texas
  • HK will remain a global aviation hub in Greater Bay Area over rival Shenzhen
  • Amazon's 1-day delivery seen as Big Bang that redefines e-commerce
  • June date for Cargolux's beluga whales flight from China to Icleand

Exim Indiaweb site
MAY 9, 2019
  • A. L. Logistics Nepal completes two years of successful operations
  • Britannia becomes first P&I Club to be accepted as member of Maritime Anti-Corruption Network
  • Enforcing speed limits on ships to reduce carbon emissions is not the solution, says UK Chamber
  • Hapag-Lloyd records significantly higher operating profit in Q1 2019
  • Liquid & bulk transportation vessels market poised for rapid growth by 2024, says research
  • India & China sign protocol for export of Indian chilli meal
  • India projected to see rising steel imports
  • China's containerised exports up 4.9 pc in first quarter
  • ECTS at Kolkata Port does away with Customs' check of Nepal's third-country imports
  • PSA & SATS ink MoU to promote Singapore as key multimodal transport hub
  • Bumi Armada's Indian joint venture SPBAG bags $2.1 bn FPSO contract from ONGC
  • Trump's tariff threat to China adds to risk of global recession, say analysts

International Transport Journalweb site
  • New bimodal service between Germany and Romania
  • Belarus thrusting on with rail electrification scheme
  • Noatum Logistics expands its network in Spain
  • Kerry Logistics appoints Martin Stoekenbroek
  • A new tool to prepare the testing of ballast water
  • B767 operations keep ATSG flying high
  • China - Finland rail service soon to be weekly
  • Ceva Logistics signs deal with Lush in UK and Ireland
  • Ocean's new Asian service calls at Hamburg
  • Finnair Cargo continues to report double-digit growth
  • Etihad Cargo boosts commercial organisation
  • Freight accounts for 14% of Emirates' total revenue
  • Hoyer to double its investments in 2019
  • "Curiosity of the Day"
  • BBC Chartering picks Ulrich Ulrichs as CCO
  • Temperature-controlled train delivers fresh Spanish goods
  • PSA to build in Halifax and Pennsylvania

The Loadstarweb site
MAY 9, 2019
  • $150m profit turnaround for Hapag-Lloyd in Q1, 'but Q2 will be tougher'
  • Singapore's SATS and PSA link up to offer 'unique air-sea multimodal connectivity'
  • 'Really weak' final quarter keeps Emirates SkyCargo annual results grounded
  • Hamburg disappoints again as other HHLA box terminals enjoy strong Q1
  • Cargolux taking a less-turbulent route to a more stable and sustainable era
  • Speed reduction plan favours old, inefficient ships, says Maersk
  • Market Insight: A PIL takeover by Cosco or CMA CGM? 'It's not going to happen, end of the story'
  • XPO was poised for blockbuster buy to double its size
  • Supply chain radar: Hapag-Lloyd - once near death, now closer to financial heaven

Marine Logweb site
MAY 9, 2019
  • Ultrasonic anti-fouling system gains ATEX certification
    Coventry, U.K., headquartered NRG Marine Limited reports that its Sonihull ultrasonic anti-fouling system, has just been certified to be in compliance with the EU's 94/9/EC ATEX directive, the regulation covering equipment intended
  • Navis updates dangerous goods module of loading computer software
    Oakland, Calif., headquartered Navis has announced an upgrade to the dangerous goods (DG) module of its MACS3 loading computer software to comply with the latest update of amendment 39-18 to the International
  • DOF Subsea books North Sea contracts
    Bergen, Norway, headquartered DOF Subsea, a subsidiary of DOF ASA, reports that it has recently secured several new contracts for projects to be carried out over the next few months in the

Lloyd's Listweb site
MAY 9, 2019
  • Seanergy Maritime raises $14.3m but share price dented
    Greece-based Seanergy has granted Maxim Group, the offering underwriter, an option to purchase up to an additional 630,000 shares or...
  • Diana Shipping posts profit but is downbeat on 2019 market prospects
    New York-listed owner of 45 bulkers turns in positive first quarter, reversing loss of a year ago, and says that...
  • Ruling confirms vessels held by pirates go off-hire
    'Capture does not necessarily connote the use of force. Unoccupied land or undefended goods may be captured. My wife may...
  • Effective decarbonisation of shipping
    Legislators should realise that slow steaming is not a viable transport solution
  • China's soyabean imports at risk from US trade battle
    Higher volumes moving to China in April, with some shipments delayed from March, attributed to Value Added Tax change
  • Sri Lanka's Hambantota International Port - Gateway to the sub-continent
    Hambantota International Port (HIP) is the latest addition to Sri Lanka's network of harbours, currently being developed in different parts of the...
  • Euronav chief sees speed limits as short-term emissions solutions
    Hugo De Stoop says the controversial measure will be effective in combatting emissions and will not increase tonnage supply
  • Protectionism hurts major steel exporters
    WoodMac analyst warns that trade protectionism is no panacea and host countries can only avert pain in the short run
  • PSA International ties up with Singapore airport operator
    Trade promotion body Enterprise Singapore facilitated the multimodal transport collaboration between the two companies which both have significant shareholdings by...
  • ICTSI improves on higher volumes
    New service wins and the ramping up of existing terminals drive volume and revenue increases for terminal operator
  • Genco reports significantly lower losses
    The New-York based company will be sending 16 vessels for drydocking in the second quarter
  • Wilhelmsen suffers sharp drop in quarterly profit
    All main operating entities continued to deliver positive results, says chief executive Thomas Wilhelmsen
  • HHLA hails 'successful' start to year
    Hamburg terminal operator gets boost from logistics and property management as container volumes slip
  • Hapag-Lloyd posts strong first quarter on higher volumes
    Hamburg container carrier reverses last year's first quarter loss and posts healthy increase in revenues
  • Viewpoint: Let the stores go through
    The draconian measures put into place after 9/11 around port security are now being too strictly imposed by jobsworths to...
  • Daily Briefing
    VLCC rates tank on sanctions | Maersk warns speed limits will slow decarbonisation progress| Spotlight on salvage
  • POSH sees steady pick-up in vessel utilisation but widens first-quarter loss
    New chief executive Lee Keng Lin is encouraged that new businesses in the subsea and renewables segments are already gaining...

The Journal of Commerceweb site
MAY 9, 2019
  • DP World to buy Vancouver's Fraser terminal
  • Pact aims to speed Singapore sea-air connectivity
  • NY-NJ port moves to improve weekend productivity
  • New service fueling Savannah port's reefer growth
  • Emergency bunker fuel surcharges returning
  • US retailers signal strong imports despite tariff threats
  • Trans-Pacific carriers secure higher service contract rates
  • Blockchain's potential to avoid freight factoring
  • Will domestic intermodal contract pricing hold?
  • Analyst: Asia-Europe capacity set to outstrip demand

TradeWindsweb site
MAY 9, 2019
  • Marco Polo Marine continues to post red ink
    But Singapore offshore company expands drydock capacity in anticipation of increased work.
  • Seaspan downgraded after reaching fair value
    Jefferies analyst Randy Giveans keeps $10 price target for Bing Chen-led boxship player.
  • Pioneer Marine posts higher profit amid dry bulk woes
    Torben Janholt-led bulker owner used 'good chartering strategy with foresight' to navigate troubled market.
  • Cheniere LNG export capacity pushes profit
    Cheniere Energy Partners beat Wall Street expectations in the first quarter, thanks to higher LNG exports from its Sabine Pass terminal. The Houston-based company posted $385m in profit for the first three months of 2019, good for $0.75 per share and considerably higher than the $0.56 consensus forecast. Novatek advances Arctic LNG 2 project before taking FID The profit is a growth of $50m year
  • Diana Shipping returns to profit
    Simeon Palios-led bulker owner takes in more revenue off a better market but misses Wall Street consensus.
  • Clarksons plots pay review after 2018 packages squeeze through vote
    Clarksons investors have voted through the closely-watched pay packets of the company's top executives by the narrowest of margins today. The number of shareholders opposing the remuneration of chief executive Andi Case and finance and operations chief Jeff Woyda has been growing during the past few years and today's backlash was the largest seen so far. Only 51.49% of votes cast at today's annu
  • Skuld posts a profit despite challenging environment
    Diversification helps Oslo-based mutual overcome soft P&I rates, falling investment returns and rising claims
  • Dof Subsea wins North Sea work for the summer
    Dof Subsea has signed new frame agreements for work in the North Sea, which the company said will secure utilisation of around 100 vessel days. The pacts have a combined value of around NOK 80m ($9.1m) and comprise inspection, repair and maintenance (IRM) and survey work. Dof vessels win new contracts in Norway and Scotland Tax gain cuts loss for Dof as PSVs improve "The award of these contrac
  • GC Rieber reveals buyer of Ernest Shackleton research vessel
    GC Rieber Shipping has completed the sale of its icebreaking research vessel Ernest Shackleton (built 1995). The buyer has been revealed as Italy's Istituto Nazionale di Oceanografia e di Geofisica Sperimentale (OGS), the seller said on Thursday. GC Rieber to sell Antarctic survey ship No sale price has been disclosed but GC Rieber said it expects a positive cash effect of around NOK 140m ($16.
  • China Changjiang National emerges as buyer of Densay Shipping supramax duo
    China Changjiang National Shipping (Group) Corp has purchased two of its biggest bulkers yet, emerging as the owner of a supramax duo that Turkey's Densay Shipping sold around the turn of the year. Equasis shows the 57,000-dwt sisterships SSI Invincible and SSI Expedition (both built 2010) are now under the control of the Wuhan-based company. The SSI Invincible has been renamed Chang Hang Zhuo Ha
  • H-Line Shipping spends over $100m on bulker newbuilds at New Times Shipbuilding
    South Korean shipowner said to be exercising options against contracts of affreightment to Brazil's Vale
  • Star Bulk pushes back on Wells Fargo governance downgrade
    Hamish Norton says inherited related-party management issues are different to CEO conflicts with private firms
  • Novatek advances Arctic LNG 2 project before taking FID
    Russia's Novatek is moving forward on its plans to build its $21bn Arctic LNG 2 project by firming up its choice of shipyards and tank builders for a series of five huge gravity-based structures (GBS) that will house its liquefaction facilities. Those following the project closely said the energy company is expected to conclude agreements by the end of this month or in early June with five Chines
  • Paolo d'Amico watching product tanker period market as rates get 'interesting'
    Shipowner Paolo d'Amico is keeping a watchful eye on the product tanker period market at a time charterers are showing an increased appetite for tonnage. The d'Amico International Shipping chief executive is planning to have two thirds of the company's fleet trading spot ahead of IMO 2020 before locking in extra cover. Paolo d'Amico 'extremely worried' about fuel compatibility under IMO 2020 P
  • Bimco signs up Elena Tassioula as Athens manager
    Owners' organisation Bimco has appointed a manager for its new office in Athens. Elena Tassioula will be tasked with engaging with current members in the city and growing the membership in Greece, it said. "I'm very pleased that Elena will be joining our team. She has worked in shipping, but she also has experience from other industries, and that will enable her to look at how we do things with
  • Amazon and other shippers oppose slow-steaming
    The Coalition for Responsible Transportation (CRT) is opposing new proposals to enforce slow-steaming for ships through the IMO. The US-based organisation, which includes shippers like Amazon, supports green house gas (GHG) reduction goals but feels speed reductions should be voluntary. Slow-steaming on back burner as IMO targets cuts to GHG baseline Slow-steaming gives rise to unlikely NGO-own
  • Seanergy Maritime prices offer to raise $14.3m
    Greek bulker owner Seanergy Maritime Holdings has priced a stock offering to raise $14.3m. The Nasdaq-listed company said it will sell 4.2m units at $3.40 each. Each unit consists of one common share and two warrants to buy two mores shares. The company intends to use the net proceeds of the offering for general corporate purposes. Maxim Group is acting as sole book-running manager. Seanerg
  • Overseas Shipholding Group sees less profit
    Sam Norton-led tanker owner's revenue falls on lower rates, less ships on the water.
  • International Seaways back in profit during first quarter
    International Seaways swung back into the black in the first quarter following the Wall Street script. Greek shipowners turn to Chinese shipyards for aframax tanker newbuildings International Seaways' eyes open to tanker and LNG growth says Lois Zabrocky New York-listed International Seaways banked a profit of $10.9m for the opening three months of 2019, flipping from a loss of $29.3m a year a
  • Cosco executive expects mega-containership trend to halt
    China Cosco Shipping, one of the world's largest container carriers, has forecast a halt to the trend of ever-growing boxships because many ports are feeling the pressure from handling mega-ships operationally. According to Chinese media 21st Century Business Herald, the state conglomerate's executive vice-president Yu Zhenggang said there would be increasing concerns from industry players over t
  • Ice upgrade pays off for Viking Supply Ships
    Sweden's Viking Supply Ships has benefited from an upgrade to one of its anchor-handlers in the first quarter. The debt-free company, controlled by Norwegian investor Christen Sveaas, said the 19,034-bp Loke Viking (built 2010) was docked to become an ice-class 1A-super ship this year. Viking Supply to be debt-free as it cuts loss It is now mobilising to start a new contract this month, support
  • Prelude FLNG's first cargo watch starts with LNG carrier in line to accept debut loading
    Vessel trackers on alert after energy major Shell says an LNG cargo will leave the Aussie floater this quarter
  • Hugo De Stoop plans to follow shipping's Arsene Wenger by remaining 'close to the action'
    Paddy Rodgers compared himself to ex-Arsenal Football Club boss Arsene Wenger when he revealed his decision to resign as Euronav chief executive in February. New Euronav boss Hugo De Stoop connects to company's roots and future challenges Outspoken Rodgers to quit Euronav, work for safety Crude tanker asset prices 'too elevated' for takeovers, says Euronav chief executive "You go to Burnley
  • New Euronav boss Hugo De Stoop connects to company's roots and future challenges
    A personal note of congratulations from Greek shipowner Peter Livanos was delivered to Hugo De Stoop soon after he was named as the new chief executive of Euronav in March this year. De Stoop was deputy chief financial officer of Euronav back in 2005, when what was then an eight-tanker company merged with Livanos outfit Tanklog. Crude tanker asset prices 'too elevated' for takeovers, says Eurona
  • Britannia claims anti-corruption first
    Britannia has becomes the first P&I club to be accepted as a member of the Maritime Anti-Corruption Network (MACN). The organisation was set up in 2011 by a group of maritime companies committed to eradicating the industry of all forms of corruption. Britannia gains licence to underwrite business in Singapore It has more than 100 members, representing a sizeable percentage of the global fleet,
  • 'Manageable' orderbook can prevent 'big crisis' in container shipping, says Hapag-Lloyd
    A big crisis in the containership market can be avoided given the present newbuilding backlog, Hapag-Lloyd believes. The boxship orderbook relative to the trading fleet has fallen steadily during the past decade and Hapag-Lloyd is more positive than some peers in its outlook. Hapag-Lloyd swings cost axe as it sets out new strategy Hapag-Lloyd records strong start and sticks with positive full-y
  • Fleet investment widens first-quarter loss at Tallink
    Tallink Grupp's net loss for the first quarter has widened by almost 30% compared to a year ago, despite cargo volumes increasing during the low season. Tallink Grupp orders $281.3m LNG-powered ferry from Rauma Marine Measles alert for passengers on Tallink ro-pax The Baltic Sea ferry company posted an unaudited net loss of '25.3m for the quarter, compared to a loss of €19.6m during the same p
  • Hartland Shipping predicts signs of recovery by summer
    UK broker says low orderbook, IMO rule changes and rising demolition rates will lift all segments
  • UK shipping minister urges focus on skills, diversity and welfare
    Nusrat Ghani reveals that government will publish a "People Route Map" in mid-year to chart the course for its Maritime 2050 vision
  • Palmali's Mansimov threatens critics with 'boomerang'
    Azerbaijani tycoon Mubariz Mansimov has hit back at the "lies" of critics of his Turkish tanker company Palmali Shipping. The shipowner said the company does not work with sanctioned countries. Four Palmali tankers join new owners after auction Palmali to fight Russian bankruptcy ruling He was cited by Turkish and Russian media as saying: "The size of the investment of our company for some rea
  • Elias Kulukundis considers buying more Belships shares
    Sale of bulker Sephora to the Norwegian company gives the Greek shipowner a stake in Belships of just under 5%
  • Remi Maritime-managed supramax bulker set for auction in Greece
    A Remi Maritime-managed supramax arrested by the National Bank of Greece over outstanding debt is scheduled to go under the hammer in the country next month. It is the latest in a string of moves by Greece's ailing lenders to clean up their portfolios. The 57,000-dwt Blue Cat (built 2009) will be sold in an electronic auction on 5 June, according to a document posted last week on an official Gre
  • DFDS posts profit but counts the cost of expansion
    The cost of ramping up its activities in the Mediterranean has caused DFDS' profit to shrink during the first quarter, despite a strong North Sea market. Net profit after tax was DKK 120m for the period, down by almost 25% from the DKK 158m posted in the first quarter last year, the company's financial report shows. DFDS full-year results reach 'all-time high' CEO Smedegaard quits DFDS after 12
  • Commerzbank cuts shipping book to 38 vessels
    Germany's Commerzbank is getting closer to exiting shipping finance for good. It said its vessel finance portfolio contracted to around EUR 300m ($335.65m) in the first quarter. By the end of the period, this volume related to only 38 ships. In 2018, the lender offloaded EUR 5.1bn of legacy loans as its shipping book dwindled. Deutsche Bank calls off Commerzbank merger Commerzbank sheds $5.75
  • Savage and underwriters sue Wartsila over tanker fire
    A US shipowner is suing Finnish technology group Wartsila for negligence after a fire on a molten sulphur carrier. Savage SE Operations and its overseas underwriters have filed a suit in the US district court in the southern district of Texas. They also allege breach of contract and warranty. Chinese state giants Cosco and CIMC come to blows in rare legal battle The admiralty case arose after
  • New Iranian sanctions further hurt Chinese iron ore imports
    Supply problems for the world's largest iron ore consumer will only get worse as US sanctions Iran's mining industry.
  • Shipowner John Fredriksen to mark 75th birthday as 'richest Norwegian ever'
    Shipowner John Fredriksen, who is turning 75 this Friday, may be the richest Norwegian that has lived ever. Fredriksen started as a telex messenger at broker Blehr & Tenvig with a zero fortune when he was 16 years old. Norwegian magazine Kapital has published its annual list of the nation's richest people and estimates Fredriksen is worth NOK 113bn ($14bn), double anybody else on the list. Fre
  • Hapag-Lloyd records strong start and sticks with positive full-year outlook
    Charter rates, currency movements and an increase in cargo have driven German container line Hapag-Lloyd to a better than expected first quarter performance. Its strong start to the year is coupled with a positive outlook for the container market, despite questions about world economic growth. Technolog to handle Hapag-Lloyd boxship conversion Hapag-Lloyd shares hop as German line's outlook out
  • Product upturn final piece of chemical tanker jigsaw, says Odfjell chief Kristian Morch
    Odfjell believes the final piece of the chemical tanker market recovery puzzle has arrived to help drive an upturn in rates. While the Oslo-listed shipowner is not banking on the arrival of a new super-cycle, it is positioned for stronger markets and seeking to grow its fleet in a flexible way. Odfjell and Celsius Shipping seek exit from LPG joint venture with twin sale Scrubbers 'not the way t
  • Slow-steaming on back burner as IMO targets cuts to GHG baseline
    Two critical environmental meetings have other priorities to settle before getting on to speed limits
  • Howe Robinson triples LNG team with big-name hires
    Shipbroker Howe Robinson Partners is expanding its newly formed LNG team with two experienced industry professionals. Managing partner Henry Liddell told TradeWinds that Jon Cook, who was formerly chief executive at Flex LNG in London, is joining the company to work out of its Houston office in the US. From tanker captain to Flex LNG frontman Liddell said Cook would be working as a consultant o
  • Slow-steaming gives rise to unlikely NGO-owner alliance
    Green groups and shipowners team up at the IMO to propose speed reductions on shipping
  • Grecomar wraps up sale of elderly handymax bulker
    Dry bulk specialist Grecomar has shed a 19-year-old handymax, concluding a slow but steady campaign to offload its ageing ships. Multiple Greek shipping sources confirm the Athens-based shipmanager and owner has sold the 46,700-dwt Mare Forum (built 2000) for about $6.2m. The price appears to be firm, considering VesselsValue estimates the Kanasashi Heavy Industries-built ship is worth $5.3m and
  • Watch Spanish troops liberate Boskalis ship
    Dramatic video footage shows the moment Spanish naval forces board a Boskalis heavy-lift ship that suffered a violent hijacking off West Africa. Boskalis heavy-lifter damaged in violent African hijacking The Spanish navy posted the film on Twitter following the operation to free the 76,000-dwt Blue Marlin (built 2000) off Equatorial Guinea. It can be seen here. Armed officers can be seen board
  • GSL sees IMO 2020 boost due to retrofits
    New York-listed Global Ship Lease (GSL) has identified a potential boost to its operations from the coming IMO 2020 deadline. The boxship owner's CCO Tom Lister said on its conference call that the company views the regulations as a positive catalyst for owners offering ships to the charter market. Global Ship Lease bottom line lifted by Poseidon deal "Scrubber retrofitting, which takes a vesse
  • Vincenzo Onorato strikes ICBC sale and leaseback deal
    Italian owner Vincenzo Onorato has struck a sale and leaseback deal with ICBC Leasing for two new ro-paxes. The deal was revealed in his Moby Lines' annual report for 2018, according to Stylo 24. No financial terms were revealed. Moby Lines lands a whale of a profit MSC and Moby order cruise ferries in China The vessels - the biggest ro-paxes ever built - were ordered last year by Moby Lines i
  • Gang targets Stena-Sonangol suezmax off India
    Tanker crew said to have managed to restrict movement of perpetrators to ship's deck.
  • Southernpec caught using magnets to cheat customers
    Fuel supplier allegedly tried to interfere with the mass flow meter during a bunkering operation.
  • Higher costs push POSH to bigger first quarter loss
    Robert Kwok-based offshore company reports slight uptick in offshore construction activities.
  • Brazil not an exciting market for US offshore
    Expected growth in Brazil's oil industry is expected to help kick the offshore sector into gear - but US players are less than thrilled. At Marine Money's Houston Offshore Finance Forum Wednesday, Tidewater chief executive John Rynd said making money in the South American country was a "dogfight" with the highest cost per day of any country the New York-traded company operates in. Holm: Offshore
  • Fugro slammed over condition of returned ship
    But owner Tasik Subsea quick to secure fresh work for two-year-old vessel off Malaysia.

American Shipperweb site
MAY 9, 2019
  • Hapag-Lloyd reports 'significantly higher' Q1 profit
    CEO Rolf Habben Jansen said transpacific contract rates saw an average "three-digit increase" per TEU.
  • Retail imports forecast to reach 'unusually high levels'
    The high import levels expected through the summer are driven by a rise in retail sales and plans to increase and broaden the tariffs against China.
  • Lawyers: 301 notice gives leeway for goods already exported
    Trade attorneys for Baker & McKenzie and Sandler Travis reported that the Office of the U.S. Trade Representative's notice for Section 301 tariffs to increase from 10% to 25% across $200 billion worth of goods from China applies only to goods that are both exported and entered for consumption after 12:01 a.m. Friday.
  • C.R. England reaches $37.8 million lawsuit settlement
    The settlement affects 17,519 drivers who entered into vehicle lease and independent contractor operating agreements between 2007 and 2017.
  • Bad weather hits Matson in first quarter
    But the company says revenues are up and predicts an increase in operating revenue for 2019.
  • U.S. sanctions aim to dent Iran's metals industries
    President Trump ordered new sanctions to be placed on Iran's iron, steel, aluminum and copper industries in an effort to curtail weapons manufacturing and political influence.
  • U.S. seizes North Korean cargo ship
  • Reinhart inducted into hall of fame
  • Redwood Logistics acquires Eminent Global
  • Coalition opposes mandated slow steaming
  • PSA, SATS to provide sea-air connectivity in Singapore
  • Oakland reports busiest April in history
  • Executive Moves: BlueGrace Logistics, Port of Seattle
  • Paragon offers driver management software

The Bunker Bulletinweb site
MAY 9, 2019
  • Crude futures off lows as market remains fixated on US-China trade dispute
    Crude futures ended mixed Thursday, pulling up from intraday lows as equities markets remained fixated on the ongoing US-China trade dispute.
  • ARA fuel oil stocks fall by 8% on reopening arbitrage east
    Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp trading hub fell by 8% to 854,000 mt in the week to Wednesday.
  • Matrix Marine exits Singapore bunker fuel supply market
    Matrix Marine Fuels exited the Singapore bunker supply market as the Port Authority of Singapore (MPA) removed it from the list of accredited bunker suppliers, effective May 7.
  • Slow-steaming shipping benefits a double-edged sword: industry report
    The economics of slow steaming on shipping lines may not be as cut and dry as they first appear.
  • Genco Shipping & Trading plans dry docks as it gears up for IMO 2020, ballast water rules
    Genco has also undertaken a fleet renewal plan as environmental rules in global shipping loom.
  • VLCC carrying gasoil from Rotterdam now pointed to West Africa: cFlow
    The ship looked to be part-laden after leaving Rotterdam on April 26 and had an initial destination of the Cape of Good Hope.
  • Newbuild VLCCs fixed to bring diesel from Asia to Europe despite closed arb
    "It is definitely cheaper to use newbuilds to move gasoil to west," an industry source said.

›››File
FROM THE HOME PAGE
At the end of the year Fret SCNF will cease to exist and the activity will be detected by the new companies Hexafret and Technis
St. -Ouen
The deal is aimed at averting the payment of 5.3 billion euros.
Tzitzikostas : At the beginning of my mandate I will present a strategy for European ports
Tzitzikostas : At the beginning of my mandate I will present a strategy for European ports
Brussels
"The competitiveness of the transport sector must be based on sustainability," the European Commission said.
Norwegian Cruise Line Holdings records record quarterly revenue
Miami
In the July-September period of this year, the group's ships have embarked on 812mila passengers (+ 9.7%)
The intermodal hubs of Melzo and Milan Smistamento will be retaken in the ZLS of the port and retroport of Genoa
Milan
Deliberation approved by the regional junta of Lombardy
It amounts to 39 billion euros per year the public investment needed to decarbonize European transport.
It amounts to 39 billion euros per year the public investment needed to decarbonize European transport.
Brussels
The estimate in a new study of Transport & Environment
The crisis in the Red Sea has caused a hole of six billion dollars in Egypt's coffers
The crisis in the Red Sea has caused a hole of six billion dollars in Egypt's coffers
Cairo / Alexandria
Scali at the Egyptian port of El Dekheila of the services of Vuxx Shipping between China and Russia
In the third quarter, freight traffic in Chinese seaports grew by 1.7% percent
Beijing
The only volumes to and from abroad have increased by 5.0%
In the July-September quarter, naval traffic in the Bosphorus Strait grew by 6.4%
Ankara
In the first nine months of 2024, the increase was 7.1%
DFDS will not acquire the international transport network of Ekol Logistics
Copenhagen / Istanbul
Exchange of allegations : The Danish group claims that certain contract conditions have not been met ; the Turkish company replies that it has received a discount request in the last 24 hours
In the first quarter of this year, traffic in European Union ports fell by -3.2% percent.
In the first quarter of this year, traffic in European Union ports fell by -3.2% percent.
Luxembourg
The only traffic in containers (+ 5.2%) is growing. Still doubts about the figures attributed to Italy
ECSA and T&E are calling for the Clean Industrial Deal to support the energy transition of shipping
Brussels
Among the demands, make ecological naval fuels available in ports
In the July-September quarter, ONE revenue grew by 65.2% percent.
In the July-September quarter, ONE revenue grew by 65.2% percent.
Singapore
The volumes of containers carried by the fleet increased by 6.6%
In the third quarter, the financial and operational results of COSCO were substantially increased.
In the third quarter, the financial and operational results of COSCO were substantially increased.
Shanghai
The volumes of containers carried by the fleet increased by 8.6%
Maersk records glowing quarterly results
Maersk records glowing quarterly results
Copenhagen
A strong performance in the containerized shipping industry has been decided. Also growing terminal and logistics
Confitarma lists actions to increase the contribution of shipping to the Italian System
Naples
Le Aziende informanoSponsored Article
ITS Costruttori, il futuro dei cantieri inizia in Accademia
Oltre 420 posizioni aperte in 17 corsi totali, con un tasso di occupazione post diploma di circa il 95% in media
In the third quarter the traffic in goods in Turkish ports decreased by -1.8%
Ankara
Volumes to and from Italy have increased by 2.9%
The Court of Appeal in Reggio Calabria gives reason to the AdSP of Gioia Tauro in the litigation that juxtaposes it to the Corap
A litigant remains pending in front of the Court of Cassation
Maersk signs an agreement with Chinese LONGi to supply its own dual-fuel vessels of methanol
Copenhagen
The Danish group already has agreements in place to meet more than 50% percent of its demand for methanol planned for 2027
Royal Caribbean again records financial results and record quarterly operating
Royal Caribbean again records financial results and record quarterly operating
Miami
In the July-September period, revenues increased by 17.4%
The association of European ports is alarmed for the planned reform of EU funding to transport infrastructure
Brussels
Transport policy and transport funding must be based on a European approach.
In the third quarter of this year, the transits of large vessels in the Panama Canal were down -38.3% percent.
In the third quarter of this year, the transits of large vessels in the Panama Canal were down -38.3% percent.
Balboa
-36.9% reduction in the volumes of goods transported through the Central American waterway
CMA CGM associates with Marsa Maroc for the management of a container terminal in the port of Nador
Marseille
Expected an investment of 280 million
Maersk confirms participation in service between Turkey and East Coast USA with scallops in Salerno, Livorno and Tanger Med
Copenhagen
Will be activated on 1st February 2025
Hapag-Lloyd will introduce shots at Italian ports in two services between the Mediterranean and East Coast USA
Hamburg / Haifa
Touches in Genoa, Livorno and Salerno in collaboration with ZIM
In the third quarter the terminals of COSCO Shipping Ports handled 29.1 million containers (+ 4.8%)
Hong Kong
Wan Hai Lines orders eight new container ships from 16,000 teu
Taipei
Committed to South Koreans HD Hyundai Samho and Samsung Heavy Industries
Fincantieri-EDGE agreement for the development of solutions for the underwater needs of military navies
Abu Dhabi / Trieste / Paris
The joint venture Maestral will deal with the design, development and construction of underwater systems
WSC, crucial mandate of new European commissioner for transport to ensure decarbonisation of shipping
Brussels
The shipowner association indicates some other priorities to be addressed
Federagents ready to illustrate to institutions the priorities of Italian ports
Rome
Pessina : available to our know-how to suggest the measures to be taken
Sébastien Romani is the new CEO of Forship Spa
Go Ligure
Subenters to Giuseppe Scognamiglio
Restyling of the landing area of the Cruserists in the port of Catania
Catania
In 2023 the traffic of cruises in the Sicilian stopover increased by 43.7% percent.
Resume work for the completion of the commercial docks of the Milazzo Port
Messina
The realization of 18,000 square metres of new aprons is planned.
In the third quarter, Kalmar's turnover fell by -16% percent.
Helsinki
New orders increased by 6%
Approved the 2025 forecast budget of the West Liguria AdSP
Genoa
Ok also at the annual review of the Triennale Operating Plan 2023-2025
Approved the 2025 forecast budget of the Central Adriatic System Authority of the Central Adriatic
Ancona
The first crane arrived to make Giammoro's pontile operating near Milazzo.
Messina
Will be installed by end of year
Green light to the forecast budget and the three-year plan of the work of the Eastern Liguria's AdSP
The Spezia
In the first nine months of 2024 the traffic of containers at Spezia grew by 8.1% percent. On 14 and November 15 the event "A Bridge To Africa"
Approved the forecast budget 2025 and the POT 2025-2027 of the AdSP of the Southern Tirreno and Ionian
Joy Tauro
Port of Livorno, seized a 40-pound load of cocaine
Livorno
Tracts under arrest three people
Approved the 2025 forecast budget of the AdSP of the Northern Tirreno
Livorno
Ok unanimous also at the Triennale Operating Plan 2024-2026
Rail Cargo Group activates a rail service between Belgrade and the port of Rijeka
Vienna
Two weekly rotations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
HHLA reaps upward forecasts for the full financial year 2024
Hamburg
Also expected to be a slight increase in the volumes of container traffic handled by port terminals
In the third quarter, the revenues of COSCO Shipping Ports grew 11.2%
Hong Kong
In the first nine months of 2024, the increase was 5.8%
Approved the 2025 forecast budget of the AdSP of the Sardinia Sea
Cagliari
Also free from the three-year programme of works
Savino Del Bene has acquired the Seabridge Transport in Hamburg
Hamburg / Florence
The company was already acting as the administrative headquarters for the German operations of the Italian group.
In the third quarter, freight traffic in Albanian ports grew by 14.0% percent.
Tirana
In the first nine months of this year, the increase was 14.3%
In 2026, for the first time, MSC Cruciere ships will reach Alaska
Geneva
"MSC Poetry" will carry out weekly itineraries from Seattle
COSCO Shipping Lines orders six new container ships from 13,600 teu to Hudong-Zhonghua Shipbuilding
Shanghai
They will be taken in delivery by 2027
Wärtsilä records a robust uptickdown in quarterly turnover
Helsinki
In the July-September period, the value of new orders rose by 1% percent.
Unified concession for formal act for the Intergroup terminal in Gaeta port
Cyvitavecchia
Has a duration of 12 years
Arrive in the port of Gioia Tauro the last two of the 13 new quay cranes of the MCT
Joy Tauro
They can work on capacity container carriers up to 25mila teu
Assologistic has published a practical guide to customs reform
Milan
Illustrated and analyzed the novelties and critiques of the new legislative plant
In the third quarter, shipping containers in Spanish ports increased by 9.9% percent.
Transhipment traffic grew by 13.2% percent, the import-export trade of 6.4% percent.
USB Mare and Porti criticizes the agreement for the renewal of the contract of port workers
Rome
Signed the voluntary agreement "Ancona blue agreement"
Ancona
The aim is to reduce the impact of emissions from cruise ships, ro-ro and ferries that climb the dorsal port.
Italian Coast Guard and the Italian Academy of Mercantile Academy in support of the Maritime Administration of Ukraine
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
On Friday, the public assembly of Federagents will be held in Rome.
Rome
The Federation celebrates the 75 years since its founding
Spediporto has organized a two-day trip on the Green Logistic Valley and Italy-China trade
Genoa
It is scheduled on 22 and October 23
››› Meetings File
PRESS REVIEW
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
Russia and India join forces in the Arctic, leaving China aside
(News.Az)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Fincantieri opens in San Francisco a center for the development of dual-use technologies applicable both in civilian and military sectors
Trieste / San Francisco
It is housed at the Mind the Bridge Innovation Center
Japan's MHI-MME initiates a license agreement with Chinese Jiangsu Masada
Nagasaki
The aim is the development of the production and sale in China of turbochargers for two-stroke marine engines
By November the ownership of the Victory Shipyard will go to CNV
Venice
Mantovan (Veneto Region) : A new trade union agreement will be built that will cover the 48 workers in organic
In the third quarter, the commercial activity and financial performance of Konecranes grew
Helsinki
The value of new orders for the supply of port means increased by 44.1%
In 2025, a 3.9% increase in cruising traffic in Adriatic ports is expected
Ravenna
Responses Tourism believes that the traffic of ferries, catamarans and aliscafi will record further slight growth
COSCO Shipping Ports acquires stakes in the two port terminals of Hutchison Ports in Laem Chabang
Hong Kong
Investment of 110 million
GNV has taken delivery of the new ferry GNV Polaris
Genoa
First of four new ro-pax units built in China, it will enter service by January
John Xylas will be the new president of Intercargo.
John Xylas will be the new president of Intercargo.
London
He will subordinate to Dimitrios Fafalios, who has been named honorary president
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