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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:25 GMT+1
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BRIEFS
November 29, 2019
Sched Netweb site
  • Greece urges IMO to delay sulphur cap until safety risks resolved
  • Asian Logistics & Maritime Conference airs HK trends and challenges
  • Six million containers a year could be carrying misdeclared hazmat
  • Italy allows African migrants from Spanish rescue ship to disembark
  • Sod turning at 700,000-TEU Jaxport Blount Island container terminal
  • South Carolina ports boxes increased 7pc to 217,360 TEU since July
  • Melbourne port's 30-year plan calls for upgrades to boost rail freight
  • Singapore's PSA International renames Halterm holding 'PSA Halifax'
  • US International Trade Commission rules Mexican fruit was dumped
  • Eco lobbies press IMO to speed decarbonisation of shipping by 2050
  • Shenzhen's SF Express launches bond sale to raise cash for freighters
  • Budapest's Cargo City plans to divert air freight from rivals and trucks
  • Sichuan Airlines starts twice weekly Brussels-to-Xian cargo service

Exim Indiaweb site
NOVEMBER 28, 2019
  • EC decides to extend block exemption regulation for container shipping consortia
  • Positive trend seen in container ocean freight rates in Nov.
  • Cargo handling industry experts move to prevent collisions at ports & terminals
  • DPT's Offshore Oil Terminal at Vadinar celebrates landmark handling of a billion tonnes of cargo
  • JNPT observes 70th Constitution Day
  • Paradip Port looking at 110 mt throughput this fiscal: Chairman
  • Road connecting Kollam port to be widened
  • 100 pc FDI allowed in dedicated rail freight lines & freight terminals
  • NACFS celebrates Silver Jubilee with get-together & thought-provoking deliberation
  • Coal production up by 164.58 mt in 5 years, says Minister
  • Govt reaffirms commitment to boost exports
  • India's GDP growth in Q2 FY20 projected to be at 4.7 pc

International Transport Journalweb site
  • Hupac introduces new East-West solution via Kaliningrad
  • Virgins with more capacity to Asia, Africa and USA
  • UK pallet network honoured
  • Indigo increases visibility and cargo shares
  • 24plus integrates Zufall hubs into its network
  • Désirée Baer to become CEO of SBB Cargo
  • Ports continue to grow more than last year, says Drewry
  • India invests in its rail system on a grand scale
  • Hapag-Lloyd deploys more vessels in the East Med
  • Cartonplast Group opens new site
  • Bansard strengthens its management team
  • Sweden and Switzerland: new pharma targets
  • UIC: Railway safety achieves a record high
  • Steerprop appoints new CEO
  • Ekol Logistics and UBV join forces
  • bremenports improves its climate balance
  • "Curiosity of the Day"
  • Flying Whales and small AI-controlled airships

The Loadstarweb site
NOVEMBER 28, 2019
  • CMA CGM-Ikea trial shows bio-fuel can be a green solution for shipping
  • Latest global trade barometer readings are 'sobering' and 'gloomy'
  • THE Alliance formally adopts HMM as a new member and boosts 'contingency fund'
  • The biggest challenge for forwarders in India is getting cargo through the airports
  • Capacity crunch or no capacity crunch? That is the seasonal question

Marine Logweb site
NOVEMBER 28, 2019
  • AWO comments on proposed revisions to electronic chart and publications requirements
    On November 4, the American Waterways Operators submitted comments on proposed revisions to U.S. Coast Guard requirements relating to the use of electronic charts and publications in lieu of paper charts, maps

Lloyd's Listweb site
NOVEMBER 28, 2019
  • Shipping used to police sanctions, forum hears
    Unilateral US bans on Iranian shipping, oil and petrochemical exports in place throughout 2019 have placed global shipping at the...
  • Investor shuns Qatar newbuilding investment on governance concerns
    So-called ESG policies, considering environment, social and governance principles, are increasingly important in investment capital decisions, says Marine Capital chief...
  • Fitch maintains a negative shipping sector outlook
    The US-based agency, however, has a stable ratings outlook based on expectations of flat-to-higher average freight rates in 2020
  • 'Rebooted' Ince seeks Asian partnerships
    'Ince had not enjoyed terrific success in the three years before Gordon Dadds arrived. I would say the most difficult...
  • The Lloyd's List Outlook 2020 Survey
    We want your views on the big questions that will determine the shipping market outlook for 2020
  • Majority of German owners turn to low-sulphur fuel
    Verband Deutscher Reeder survey finds little interest in scrubbers among German owners
  • Atlantic Bulk Carriers orders ultramax duo
    Online valuer VesselsValue.com estimates the 61,000 dwt vessels at more than $25m apiece
  • Maersk announces jobs cuts
    Job losses are part of an efficiency initiative but numbers are yet to be confirmed
  • Lack of digital standardisation is a growing issue
    The recent growth in broadband capacity available at sea has accelerated the capabilities of shipping companies to collect and share...
  • Container shipping demand outlook remains weak
    Carriers have little to look forward to in the new year if the US goes ahead with its December 15...
  • CMA CGM completes successful biofuel trial
    Use of waste cooking oil and forest residuals provides HFO-equivalent fuel with lower sulphur and carbon emissions
  • SSE and CargoSmart unveil liner reliability report
    According to the Global Carrier Schedule Performance data, the top five reliable players from January to October 2019 were Wan...
  • Viewpoint: A breath of sea air
    It is not unreasonable to point out to politicians that almost all of the factors that caused the disappearance of...
  • Daily Briefing
    Free to read: Greece's National Bank sells impaired shipping loans | Frontline secures funding from China for 10 tankers |...
  • Maersk invests in IoT networking provider
    Maersk looks to cellular start-up to provide connectivity between tracking devices
  • K Line and FueLNG team up on LNG bunker
    K Line says the partnership will combine its shipmanagement and LNG transport experience with FueLNG's bunkering expertise
  • US oil and gas exports set to rise
    'The emerging energy surplus will make the US less vulnerable to foreign energy-related politics and facilitate growing exports' - Rystad...

The Journal of Commerceweb site
NOVEMBER 28, 2019
  • Europe shippers vow to fight carrier block exemption
  • Russia sanctions end allows Europe food exports via rail to China
  • Maersk invests in telecom startup to link assets

TradeWindsweb site
NOVEMBER 28, 2019
  • Fitch stays negative on shipping sector as risks mount
    Ratings agency says longer record of capacity management needed to strengthen industry's resilience
  • CMES wants Chinese state owners to muscle in on Hong Kong shipping
    VLCC giant says companies should team up with private firms to take a more active role in territory's industry
  • Rosatom plans large-scale Arctic transhipments from 2027
    Russian nuclear agency assessing potential of expanded use of controversial Northern Sea Route
  • Sun Enterprises ties up suezmax with Chevron
    One-year deal with US energy giant is the latest by S Livanos in conservative chartering strategy
  • SSY gets big on data with Marine Benchmark partnership
    Shipbroker plans to provide big data and real-time analytics to its clients using the Swedish company's technology
  • Conservative shipowners find front cover for MR product tankers
    Shipowners have been fixing vessels on time charter at current rates, rather than laying a wager on future levels
  • Union to protest after Condor Ferries sold to Columbia Threadneedle
    RMT wants to see new contract for lifeline services to boosts job numbers
  • IMO chief calls for 'concrete action' on climate change
    Kitack Lim said shipping's decarbonisation efforts must now be "accelerated".
  • Shipowners' Club bucks trend with lower general increase
    UK P&I insurer says 5% rise comes after six years of stable premium costs
  • Crew saved after Jutha Maritime cargoship capsizes
    18 seafarers rescued after Nordana Sophie took on water in engine room off Vietnam
  • Nord/LB provisions slashed after another $992m of shipping disposals
    German lender's retreat from the maritime sector to be almost completed by the end of 2021.
  • Insider scoops up NEL Lines' auctioned ferries
    Passengerships Aeolos Kenteris 1 and Theofilos sold to Cretan outfit ANEN, which is led by lawyer and former board member of NEL
  • Ince on the hunt for partners as profit rises
    London-listed legal group aims to boost operations in Singapore and Dubai in particular
  • Atlantic Bulk Carriers returns to Hyundai Vinashin for ultramaxes
    Greek outfit doubles orderbook at Vietnamese yard with pair of scrubber-free bulkers
  • Greece's Vrontados reveals kamsarmax orders at Sasebo
    Traditional Greek shipowner substitutes older supramaxes with larger newbuildings
  • Two more shipping lenders sign up to Poseidon Principles
    French bank and Norwegian export credit agency take the number of green finance initiative's signatories to 15
  • Can Russia really make a case for its move on the Arctic?
    Vladimir Putin has made it clear that realising the potential wealth of the Arctic is a priority of his presidency
  • Dof posts $232m loss as impairments hit
    But Norwegian owner says good progress made in vital refinancing talks
  • China's new shipyard giant poised for $4bn newbuilding order spree
    Newcastlemax bulkers are expected to form the lion's share of CSSC contracts
  • BULL moves on Maersk Tankers LR2 product tanker quartet
    Indonesian tanker player takes four LR2s in enbloc deal worth $83m
  • Oriental Energy opens up on split with Kunlun over US sanctions
    LPG player ends an expensive relationship after Washington acts against Chinese shipowner
  • K Line to manage FueLNG's LNG bunker newbuilding
    Japanese owner said vessel will be the first of its kind to offer ship-to-ship refueling
  • Knife wielding robbers target Greek panamax in Singapore Strait
    Incident one of two to take place in less than 24 hours in one of world's busiest waterways
  • Chinese 'most comfortable' with autonomous shipping
    Adoption of fully automated shipping will take decades, not years finds study by law firm Kennedys
  • Voyager I Brazil oil spill theory debunked
    Brazilian researcher's suspicions of Greek-managed VLCC were based on faulty data

American Shipperweb site
NOVEMBER 28, 2019
  • Truck inspection at Canada-US border yields 50 kilograms of suspected cocaine
    Trucker arrested attempting to enter Ontario from Michigan after Canada Border Service Agency officers find bricks hidden in boxes.
  • Thanksgiving volatility shifts power in carriers' direction
    The DHL Supply Chain Pricing Power Index moves towards the carriers for the first time since early September.
  • Texas chemical plant explosions could affect North American tire, rubber production
    A chemical manufacturing complex in southeast Texas was rocked by several explosions on Nov. 27, affecting production of synthetic rubber used for tires and hoses...
  • Today's Pickup: UPS employees charged in drug-smuggling case
    Court indicts a few UPS employees for drug trafficking; EU commercial vehicle registrations decline; pop-up electric charging stations come up in Oxford.
  • Mexico tops list of international importer of Christmas trees from Oregon and Washington
    With Christmas less than a month away, shipments of fresh-cut Christmas trees from U.S. producers are in full swing. Oregon leads the nation in Christmas...
  • Financial turmoil clouds future of Scottish air cargo airport
    Government mulling options as rescue bid stalls
  • Peter Levesque to become president at Ports America
    Peter Levesque is joining Ports America as president next year, after nine years at Modern Terminals in Hong Kong.

The Bunker Bulletinweb site
NOVEMBER 28, 2019
  • Crude, products settle lower on US storage builds
  • Monjasa ups credit facilities by $160 million in preparation for IMO 2020
    At current crude oil prices the bunker industry may need as much as $4 billion more working capital to meet the higher fuel bills next year, Lina Molfetas, senior bunker trader at KPI Bridge Oil, said in October.
  • Lukoil may halve HSFO output at foreign refineries in 2020
  • HSFO crack spreads at record lows as IMO 2020 looms
    Global cracks for high sulfur fuel oil have weakened sharply over the past two months after a year of abnormal strength.
  • External: Global Risk Management

›››File
FROM THE HOME PAGE
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
PORTS
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.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
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
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
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
ENVIRONMENT
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
COMPANIES
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
PORTS
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
INDUSTRY
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
PORTS
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.
COMPETITION
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
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
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.
ENVIRONMENT
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
LOGISTICS
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%
SHIPPING
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%
PORTS
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
SHIPPING
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
SHIPPING
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.
PORTS
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
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
PORTS
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
SHIPYARDS
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
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
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.
EDUCATION
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
MEETINGS
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"
MOURNING
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
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
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
SHIPPING
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
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
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
PORTS
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%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
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.
LOGISTICS
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.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
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
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
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
PORTS
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
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
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
SHIPYARDS
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
SHIPPING
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
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
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
PORTS
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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