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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:25 GMT+1
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BRIEFS
July 22, 2019
Sched Netweb site
  • APMT gives auto-straddle carrier repairs to ILWU, ending blockage
  • CMA CGM ups Asia subcontinent/Mideast rate from August 15
  • US east coast port share of Asian boxes now nearly half the total
  • Diverted Iranian oil tanker suspected of illegal ship-to-ship transfers
  • Beijing plans to penalise American companies for arms sales to Taiwan
  • Bangladesh's garment industry looks set to cash in on US-China trade war
  • US-India trade talks get off to a contentious start in New Delhi
  • Diehard LA dockers indicate automation pacts of yore are no more
  • Cargo volumes in worldwide decline as trade uncertainty envelops all
  • Free online bunker surcharge calculator available to shippers
  • Cathay Pacific completes acquisition of Hong Kong Express Airways
  • Cathay Pacific appoints Lavinia Lau as director commercial
  • DHL deploys digital twin tech at 'smart' Tetra Pak warehouse in Singapore
  • American and United airlines to ground Boeing 737 Max into November
  • SEKO Logistics expands Chicago hub, turning it into US flagship

Exim Indiaweb site
JULY 21, 2019
  • Concerns raised on smooth transition to compliant fuel era from 2020
  • Container market freight rate index
  • NACIN organises refresher course on Customs documentation & compliance for BCBA members
  • Ove Meyer withdraws from operational management, but remains shareholder of ZEABORN
  • Vrrddhi Freight completes 5 years of successful operations
  • India imported 51.84 mt of coking coal in 2018-19: Minister
  • Veg. oil imports surge in June
  • Railways focused on enhancing freight services
  • Technology in logistics seen as necessity for long-term growth & progress

The Loadstarweb site
JULY 19, 2019
  • Still no sign of a peak season, and volatile fuel prices add to the pressure on carriers
  • DP World Australia to axe 200 more stevedore jobs in prolonged row with union
  • Uncertainty over Brexit driving shipowners to run down the UK flag
  • Panalpina warns of higher charges to come as first-half profit dips
  • Trump meets with airline CEOs over Gulf subsidy accusations
  • Airlines reopen routes after Pakistan ends airspace ban
  • Market Insight: In a diving market, Panalpina's air freight volumes were up - how did it fill the planes?
  • Supply chain radar: Remarkably, Kuehne + Nagel holds up ahead of a crucial week

Marine Logweb site
JULY 19, 2019
  • Aluminium Marine delivers advanced whale watcher
    Brisbane, Australia, shipbuilder Aluminium Marine has delivered the Spirit of Migaloo II, a 24 m catamaran whale watch vessel to Seaworld Cruises. Designed by Incat Crowther, Spirit of Migaloo II is specifically
  • FortisBC to ship LNG to China in ISO containers
    Canadian natural gas utility FortisBC has entered into its first term supply agreement to produce liquefied natural gas (LNG) for Top Speed Energy Corp. to export to China. The relatively small volumes
  • Kirby pleads guilty to criminal charges in Canada spill
    A Canadian court has imposed penalties of C$2.9 million (about US$2.3 million) on Houston headquartered Kirby Offshore Marine Corp. Kirby entered guilty to three of nine criminal charges related to a diesel
  • All towboats in triple sinking removed from river
    The Coast Guard has transitioned from pollution response to the investigation phase of the major marine casualty that occurred July 5, 2019, involving three vessels that sank in the Illinois River near
  • VIDEO: Cuomo announces massive offshore wind agreement
    New York State Governor Andrew M. Cuomo yesterday signed into law the Climate Leadership and Community Protection Act, or CLCPA, which sets the state the goal of achieving a carbon free electricity

Lloyd's Listweb site
JULY 19, 2019
  • Seafarer dies in fall on bulk carrier
    Filipino seafarer killed outright
  • Don't mention the B word
    The future looks bright for UK shipping, as long as you focus entirely on 2050 and don't look too hard...
  • UK sets out ambitions for maritime in zero-emission era
    The UK aims to be a maritime innovation hub and has launched its Maritime Annual Report and Clean Maritime Plan...
  • Intercargo decries 'largely unanswered' questions over 2020
    Alarm sounded by dry bulk owners' organisation as it urges fuel suppliers, charterers and owners to contribute more to preparing...
  • Shipping organisations back Hormuz task force call
    'We strongly support any initiative that seeks to reduce the risk to shipping and seafarers going about their legitimate business...
  • Kidwell exits Braemar without any regrets
    Kidwell insists he will take a break, but has some ideas about where he might end up next
  • Attica confirms bond issue
    The lion's share of the proceeds from a bond sale by the largest ferry owner and operator in Greece, Attica...
  • Kawasaki building hydrogen export terminal in Australia
    The operator will use Australian coal to produce hydrogen and then liquefy it for export
  • Click and connect to explore shipping's game-changer
    A transformation is underway in the maritime indusry that is likely to be as seismic as the shift from break-bulk...
  • LPG carrier caught breaching sulphur limit off Shanghai
    Surveillance ship used onboard sniffer equipment and a drone to inspect the liquid petroleum gas carrier
  • Grace 1 detention order extended amid talks to defuse tension
    Gibraltar Supreme Court has granted an order extending the detention of the tanker seized on July 4 on suspicion of...
  • The Lloyd's List Podcast: UK shipping battling Brexit and bomb threats
    UK Shipping is very much in the spotlight this week, dealing with direct threats from Iran's leadership amid rising tension...
  • Skou says shipping can fend off competition to hire top IT talent
    'Digitalising global trade is a pretty exciting mission,' says AP Moller-Maersk chief executive Søren Skou amid concerns about whether the shipping...
  • The Interview: Søren Skou
    When Maersk's group revenue shrank from $60bn to $35bn between 2011 and 2016, the board of directors called for an...
  • Inmarsat buyer pledges to safeguard UK business
    Private equity consortium would be legally bound to keep main operating centres in the UK for three years
  • Daily Briefing
    Wärtsilä sees weakening of demand in marine business | Fall in diesel demand seen changing IMO 2020 fuel mix |...
  • US naval forces down Iranian drone over Hormuz
    Tensions in the Gulf continue to mount as the US and Iran probe each other's naval forces in the region...
  • Venture Global LNG secures funding needed for Calcasieu Pass
    Venture Global LNG has signed long-term sales and purchase agreements with BP, Shell, Repsol, PGNiG, Galp and Edison for LNG...
  • VLCC recovery boosts Cosco Shipping Energy Transportation
    Analyst estimates CSET's VLCC earnings in the second quarter to be at about $21,000 above the market average
  • Emissions policies need urgent rethink, says Gratsos
    Dr George Gratsos claims that policies prioritising human health, especially strict limitations on sulphur oxide emissions, are derailing efforts to...
  • Zeaborn founder Meyer steps down
    Mr Meyer will remain managing partner of holding company Zeaborn holding

The Journal of Commerceweb site
JULY 19, 2019
  • Mexico trucking benchmarks to launch in August
  • Amid sagging trans-Pacific spot rates, analysts forecast mild peak
  • US drayage rates rise as length of haul shrinks
  • Operational gains path to early shipping decarbonization
  • Indian carriers question cabotage reform gains
  • US shippers seek balance on truck capacity seesaw

TradeWindsweb site
JULY 19, 2019
  • Iran strikes in Strait of Hormuz as Middle East tanker tensions explode
    Stena and Norbulk vessels captured in latest Middle East shipping drama
  • Golden Ocean Group puts $400m in shares on the shelf
    John Fredriksen-backed bulker owner's market capitalisation stands at $969m.
  • 'Electric' capesize bulker rates climb to highest level since 2010
    Capesize rates has reached its highest level since October 2010, with earnings almost 10 times above where they sat three months ago. Factors driving up the market read like a shipowner's dream. Vale VLOC scrubber fitting 'undoubtedly' set to boost soaring capesize market Strong iron ore prices; seasonality, increasing iron ore exports, vessel undersupply in the Atlantic, volatile bunker price
  • Public Greek owners shed supramax tonnage in busy summer market
    Two major Greek shipowners have continued fleet renewal efforts by offloading supramax bulkers as the sale and purchase market shows no signs of a summer slowdown. Both Angeliki Frangou's Navios Maritime Holdings and Petros Pappas-led Star Bulk are believed to have offloaded older vessels from their respective fleets this week. Supramax owners cash in as sentiment turns bullish Petros Pappas ad
  • Alma Maritime capesize reported sold as S&P market responds to rate rise
    Brokers report a string of capesize deals in the sale-and-purchase (S&P) market this week, in a further sign of growing buying appetite for dry bulk carriers amid a rising freight market. Capesize transactions have been few and far between in the first half of this year. As the market improved over the past few weeks, however, an increasing number of deals is said to have occurred, according to
  • Petrobras refuses to bunker two Iranian bulkers
    Duo stranded in Brazil for weeks over lack of fuel.
  • OSM Maritime wins double management deal with DFDS
    Bjorn Tore Larsen's OSM Maritime has secured a two-ship deal with DFDS. OSM will provide both technical and crew management for two DFDS vessels trading between Norway and the UK. Larsen the lion sleeps with one eye open as he tracks his prey Thomas Mork, vice president of technical organization at DFDS, said: "With a major fleet under OSM management and our long relationship with them as crewi
  • EF Marine targets Indian P&I sector
    Singapore insurer wins approval to operate in sub-continent.
  • Teekay LNG Partners presses on with higher distribution payments
    Teekay LNG Partners has stuck with its higher distribution levels for the second quarter following a one-third bump in its payout to investors earlier this year. Teekay LNG adds five years of new charters Lauritzen strikes seven-ship ethylene carrier pool deal with Teekay LNG Partners The MPL will pay $0.19 per unit for the second quarter, in line with the "significant increased" number seen in
  • Jefferies rolls back tanker rate forecasts on Opec cuts and refinery maintenance
    Jefferies has cut its crude and product tanker rate forecasts for this year amid Opec's decision to keep the oil tap turned down and prolonged refinery maintenance. Shipping's supercycle 2020: could the fantasy turn into a reality? VLCC resale prices to pass $100m in up-cycle, says Fearnley Securities The downward revisions come despite the bank's positive outlook for generally improving shippi
  • Court extends Grace 1 arrest for 30 days
    Gibraltar has at least another month to investigate potential sanctions breach.
  • Maridive AHTS held over $21m claim
    But Egyptian owner's vessel reported to have left Aruba waters despite court order.
  • Vale VLOC scrubber fitting 'undoubtedly' set to boost soaring capesize market
    Braemar ACM says almost 50 giant ore carriers could go to dry dock for the exhaust cleaning equipment by the end of this year
  • Boxship momentum turns negative on over-supply
    Alphaliner says demand growth also slowing in the second half.
  • GSL clinches pay rise for OOCL charter
    New York-listed owner fixes GSL Keta on a short-term deal.
  • Two bulker crew die while cleaning tank
    Atlantska Plovidba says two more injured during incident off Brazil.
  • Shipping impairments hit Danske Bank
    Single-name exposures push charges up at Danish lender in second quarter.
  • Gibraltar and Iran begin Grace 1 talks
    Delegations meet in London to de-escalate VLCC seizure crisis.
  • COSL downgraded at Morgan Stanley after share rally
    US investment bank trims estimates for Hong Kong-listed driller after stock jumps 20% in one month
  • Canada wins deal to export LNG to China by container
    Method of transport said to cater to customers who have no access to pipeline network
  • US Navy shoots down Iranian drone over Strait of Hormuz
    Trump said aircraft's close proximity to warship threatened safet of the ship and its crew

American Shipperweb site
JULY 19, 2019
  • APMT, ILWU strike LA retraining deal
    Dockworkers will be trained to repair automated cargo-handling equipment they argued would take their jobs.
  • Exporters' input 'valuable' to BIS
    Eric Hirschhorn, BIS chief during the Obama administration, said interactions with industry when reforming export control regulations are vital and warned the agency needs more resources to carry out its mission.
  • US lawmakers gather USMCA details in Mexico
    The congressional delegation trip caps off an active week on Capitol Hill regarding consideration of the new NAFTA.
  • Port of Long Beach updates master plan
  • Seattle, Tacoma set international container record
  • CBP ready for ACE consolidated express filing
  • Federal court pinches crabmeat seller

The Bunker Bulletinweb site
JULY 19, 2019
  • FUTURES 5: Crude settles higher after Iran seizes British tanker in the Strait of Hormuz
    Crude oil futures settled higher Friday as international tensions ramped up following seizure of a UK-flagged chemicals tanker by Iran in the Strait of Hormuz.
  • External: Global Risk Management
  • LNG bunkering uptake could ease pressure on LSFO as IMO 2020 looms
    LNG pricing economics is becoming increasingly favorable, Imaizumi said.
  • IEA 'significantly' concerned on Strait of Hormuz, sees well-supplied oil markets: Birol
    Political tensions globally, including the one in the most important Strait of Hormuz, is something that concerns the IEA significantly.
  • Singapore's residue stocks fall 4.2% week on week to 6-month low
    "July looks steady despite higher bunker premiums," said a Singapore bunker supplier Friday.
  • Japan says 'seriously concerned' on Middle East tensions after US announcement on drone
    "We are in the midst of collecting information [on the drone shooting] by cooperating with relevant countries," Nishimura said.
  • Shanghai delivered 380 CST bunker premium hits 7-month high amid limited stock
    "There are limited avails and premiums are sky high", a shipowner said.
  • Oil surplus blunting price impact of sanctions, tanker attacks: US State Department's Iran envoy
    "There's plenty of oil; Iranian crude is not exotic, there's plenty of compatible grades, Saudi is one of them," Hook said.
  • Iran claims 'missing' oil tanker seized for smuggling fuel
    The latest incidents could further stoke fraught relations with Iran's neighbors and the West.
  • Oman turns to Japan as crude exports to China trend lower
    "ESPO gives better yields of gasoil, and coupled with shorter voyage times and smaller lots, all makes it a very good feedstock," a refinery said.
  • S Korea's Hanwha Total buys first Khuff condensate cargo from Saudi Arabia
    Shipping reports showed Hanwha Total chartering the Suezmax Ice Transporter to load a condensate cargo from Ras Tanura around July 25.
  • Affinity Shipping arranges first LNG freight swap
    The trade was made over-the-counter bilaterally between Total and Glencore.

›››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%)
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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