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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:18 GMT+1
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BRIEFS
December 27, 2019
Sched Netweb site
  • MSC steers clear of French ports to avoid nationwide strikes
  • China hoards compliant low sulphur fuel ahead of Jan 1 deadline
  • China's weekly export box shipping index climbs 2.1pc to 854.37
  • Qingdao opens smart and green fully automated container terminal
  • IMF ups China 2020 GDP growth forecast from 5.8pc to 6pc
  • Matson-Swire stop competing, offer South Pacific loop in January
  • China will lower import tariffs on over 850 products from January 1
  • Forwarders show digital savvy, but face carrier, young cyber rivals
  • China clamps down on Indian buffalo meat exports, fearing swine flu
  • FMC to eliminate Shipping Act demand to publish essential terms
  • Boeing ousts CEO over 737 Max FAA rebuke after 346 die in two crashes
  • FTA: Heathrow expansion delay will be short once implications known
  • Kansas City airport handles 4.7pc less cargo in November
  • Finnair expects cash flow to fund US$4.5 billion fleet expansion

Exim Indiaweb site
DECEMBER 26, 2019
  • Charter party sanctions clauses for current economic & trade environment formulated
  • ICS expresses optimism as global sulphur cap implementation draws near
  • MOL, NYK in agreements to deploy world's first LNG-fuelled large coal carriers
  • NMIS elects new Chairman, Vice-Chairperson & appoints Director
  • Advantage Haldia due increase in draught at channel
  • Port of Antwerp registers strong growth in 2019
  • Shipping Secretary joins campaign to stop use of SUPs
  • Consignment-based testing to ensure import & sale of quality toys, says Ministry
  • India should undertake structural reforms, clean-up of banks, labour reforms, says IMF
  • Suresh Prabhu to be Chief Guest at CONquest 2020 in New Delhi on Jan. 17

Marine Logweb site
DECEMBER 24, 2019
  • Hornbeck Offshore common stock to trade on the OTC market
    Hornbeck Offshore Services, Inc. says that it expects its common stock to commence trading on the OTC Pink marketplace ("OTC Pink"), effective December 23, 2019. The transition comes after the New York
  • New management team in place at Harland & Wolff
    InfraStrata plc (AIM: INFA), the U.K. infrastructure project specialist that bought the assets of Northern Ireland shipbuilder Harland & Wolff, has appointed a new management team for what is now its wholly-owned
  • Armstrong Marine books ferry order
    Port Angeles, Wash., based Armstrong Marine USA has been selected to construct a custom passenger ferry for the community of Hat Island, Wash. The 49-passenger USCG Subchapter T vessel features a galley,

Lloyd's Listweb site
DECEMBER 24, 2019
  • Tanker freight derivatives volumes highest this decade
    Another week's trading volumes are still to be reported but so far the annual total of forward freight agreements is...
  • Dry bulk ends year on a softer note
    While the market hopes for a recovery in iron ore volumes, coal demand into Europe has not fared well this...
  • Insurtech faces turbulent 2020, warns Concirrus chief
    'I would go so far to say that we are going to go into a period which is going to...
  • DP World nets 30-year concession for Jeddah Port container terminal
    The company has already operated the terminal for more than 20 years and now pledges to invest up to $500m...
  • Pirates attack suezmax tanker off Gulf of Guinea
    The vessel's crew fought off nine armed pirates who approached the tanker in a high-speed craft and made two hijacking...
  • Daily Briefing
    Free to read: Ship scrapping plunges to 11-year low | The Finance Outlook | LR chief supports R&D fund and...
  • The Regulation Outlook
    The implementation of the sulphur cap and an impending decabronisation measure - either from London or Brussels - will dominate next year
  • The Insurance Outlook
    The outlook for P&I and hull insurance can be summed up in two words: 'more expensive', thanks to the cull...
  • Banks buy Bourbon out of insolvency protection
    Rival partial offers from Tidewater and Peschaud rejected by Marseilles commercial court
  • MOL seals first green loan to finance LNG bunkering vessel
    This is a milestone transaction because it is the first green loan worldwide financing this vessel category
  • VLSFO tests stoke fuel stability concerns in Singapore
    Shipowners are advised to seek assurance that the fuel grades they have secured would comply with the ISO standard for...
  • SCI names first female managing director
    Mrs Joshi will hold the position of managing director until May 2022
  • Indonesia starts pumping compliant fuel oil
    Indonesia is also said to be counting on making available a B20 biodiesel blend to the shipping sector in order...

The Journal of Commerceweb site
DECEMBER 24, 2019
  • ARO 2020: Redefining the 'truck driver problem'
  • ARO 2020: BCOs, carriers at odds over FMC detention-demurrage proposal
  • Dredge project will prepare Mexico's Altamira port for 14,000 TEU ships
  • ARO 2020: Canadian ports preparing for strong cargo growth
  • ARO 2020: Trans-Pacific lines look to manage capacity, pass on fuel costs
  • ARO 2020: Air cargo flies into 2020 buffeted by weak demand, geopolitical tensions

TradeWindsweb site
DECEMBER 24, 2019
  • Capesize rates slump to lowest level in six months
    Rising bunker costs and falling freight rates take a bite out of large bulker earnings
  • Container freight rates end year on a high note
    But lack of transparency over fuel surcharges could cause problems in 2020
  • Affinity makes its first cleared LNG futures trades on Baltic Exchange
    UK brokers arrange transaction between Total and Trafigura
  • Stranded crew on detained ship to make it home by Christmas
    Sailors' Society brings festive cheer to Russian crew caught up in UK detention
  • ArcelorMittal reaps $530m windfall from DryLog deal
    Sale of dry bulk shipping division helps unlock $2bn by mid-2021
  • Louis-Dreyfus gives green fuel levy the thumbs up
    But French shipowner still believes slowing down is the best way forward
  • Pearl Naval sells handysize bulker as it shifts focus to heavylift
    As year draws to a close, several deals for small bulkers come to light
  • Shares rise as Yangzijiang boss Ren Yuanlin returns to work
    Executive's return sees Yangzijiang's share price shoot up as cloud lifted
  • Tersan Shipyard to complete Havila Kystruten's troubled newbuildings
    Turkish yard to solve Norwegian shipowner's conundrum after work halted at Spain's Barreras
  • Interunity tanks up with Megacore Honami buy
    Greek tanker operator emerges as buyer of Oxygen product tanker auctioned in Singapore

American Shipperweb site
DECEMBER 24, 2019
  • Understanding the Waterfall Theory of Freight and how it impacts spot trucking rates
    The waterfall theory of freight governs how freight will be routed
  • SONAR is the central hub for freight market analytics and forecasts. How did SONAR become so smart?
    SONAR has become the leading analytics and forecasting platform for the freight market, giving users the ability to forecast dry van, reefer, and flatbed market...
  • Days before Christmas, Universal Logistics lays off 70 Port drivers
    Some of the drivers were told they could return as independent contractors if they purchased their own trucks.
  • Feds investigate dismissals at Celadon's Canadian carrier
    Ministry's probe into terminations at Hyndman Transport following shutdown could lead to hefty payouts for former drivers and other staff.
  • Starsky Robotics seeks potential buyers as autonomous startup struggles to raise funds
    Autonomous trucking startup Starsky Robotics is in talks with potential buyers, including some with its rivals, after failing to raise new funding to stay afloat.
  • Texas No. 1 in foreign trade during third quarter
    Texas continues to be a leader in international trade, ranking No. 1 in exports of manufactured and non-manufactured commodities for the third quarter, according to...
  • Freight All Kinds: Transporting nuclear ores and wastes
    Ores and wastes are arguably the two most important materials transported in the nuclear cycle. FreightWaves asks how they are shipped. The answer is: carefully.
  • What truckers are thinking about this holiday season
    Drivers passing through a truck stop in Portland, Oregon talk holiday plans and a profession in flux.
  • Today's Pickup: Diesel Laptops debuts free parts lookup tool; the cost of cybercrime
    Diesel Laptops debuts free software to easily find truck parts and the cost of cybercrime is rising. Plus, container rates rise and a little holiday...
  • Why leaving China for tariff-free shores is no easy task
    A trade war truce is not stopping multinationals from exploring alternative sourcing options to China, but moving supply chains is difficult, says expert.
  • Celadon leaves former drivers hanging without bankruptcy filing in Canada
    Employees' and contractors' struggles with Celadon-owned Hyndman over outstanding pay and questions about the fate of leased trucks are compounded by the lack of legal...
  • Railroads serve up Christmas cheer with shows, festive railcars
    Kansas City Southern and Canadian Pacific deliver goodwill to local communities along portions of their rail networks.
  • Airlines resume operating IAI-converted freighters following safety alert
    Aircraft return to service with loading restrictions

The Bunker Bulletinweb site
DECEMBER 24, 2019
  • FEATURE: Analysts doubt Venezuela's ability to boost crude production in 2020
    Exodus of experienced workers, lack of diluent for crude blending to present major challenges.
  • New Delhi's EV policy forecast to crimp future transportation fuel demand
    Measure comes shortly after city engulfed by heavy pollution that shut schools and affected everyday life.
  • Indonesia's Pertamina starts production of low sulfur marine fuel from Plaju refinery
    MFO part of the company's efforts to provide cleaner fuels in compliance with IMO 2020.
  • Products lead oil higher amid strong holiday demand
    Refined product futures led the oil complex higher Tuesday as expectations of strong holiday demand supported prices.

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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