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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
14:06 GMT+1
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BRIEFS
July 1, 2020
Exim Indiaweb site
JUNE 30, 2020
  • Baltic sea freight index seeing surge
  • Govts urged to act to bring seafarers home
  • Minister calls for action plan to increase Indian-flagged vessels & transform country into ship repair hub
  • OOCL's environmental focus highlighted in fuel efficiency award
  • Reinstatement of blank sailings on Asia-North America West Coast continues; grim IMF outlook for global economy
  • Suez Canal rebates
  • Updated edition of safety guide for oil tankers & terminals launched
  • DGFT notifies revision of export policy for PPEs to 'restricted' from prohibited category
  • Chennai Port achieves new record in handling steel parcel
  • Revised Scale of Rates at Visakhapatnam Port
  • Bahri operates cargo flights to transport medical equipment & supplies to Saudi Arabia
  • cargo.one & IBS Software announce strategic partnership to facilitate digital transformation
  • Emirates offers additional cargo capacity on aircraft with modified Economy Class cabins
  • Govt extends deadline to bid for Air India by two months till Aug. 31
  • Portall & Return Trucks collaborate to provide trucking services on PCS 1x
  • G20 countries imposed 59 trade-restrictive measures affecting 2.8 pc of trade: WTO
  • New process of MSME registration takes off today
  • Countries respond to Covid-19 with investment reforms
  • India among three countries getting information on bank accounts from Switzerland

International Transport Journalweb site
  • Freight line resumed in South Africa
  • D'Agostino confirmed at Port of Trieste's head
  • RAlpin: Perrin follows Rutishauser
  • Trucking CDM platform welcomes Malaysia Airlines
  • Q3/2020 in the doldrums, Sea Intelligence expects
  • Prologis builds on brownfield
  • Geodis launches "e-logistics"
  • New regional head EMEAI at Leschaco
  • Chinese air purification units flown to Saudi Arabia
  • Carbon-free railfreight in Germany and Austria
  • AEO for APM in Barcelona
  • "Curiosity of the Day"
  • Mark Millar wins prestigious award
  • Stockholm: Bunkering LNG faster than ever
  • ESR acquires logistics properties in East China
  • Maiden voyage of HMM "Oslo" in UK
  • New EU regulations for Switzerland

The Loadstarweb site
JUNE 30, 2020
  • Retail begins its long fight back, but the shift is away from bricks and mortar
  • Shrinking contract rates pushing ocean carriers towards the spot market
  • As rates fall and fuel costs rise, airlines without freighters are at a crossroads
  • UK mulls mandatory e-commerce delivery charge as road congestion increases
  • DFDS announces 650 redundances and divisional revamp in bid to cut costs
  • PSA and DP World in line for major port projects as Chittagong expands
  • China shipments stuck at India ports show casualties of standoff
  • M&A radar: Agility in creative EV deal, bets on third-party (non-logistics) M&A
  • Supply chain radar: The global logistics shift - beam me up (in 3D), Scotty?

Marine Logweb site
JUNE 30, 2020
  • Full scale testing of ammonia as a marine four-stroke fuel set to start next year
    Wärtsilä reports that the world's first long term, full scale test of ammonia as fuel in a marine four-stroke engine is planned to start in the first quarter of next year. The
  • Fincantieri Bay completes new passenger/vehicle ferry
    Fincantieri Bay Shipbuilding, Sturgeon Bay, Wis., has completed a new year-round passenger/vehicle ferry for Wisconsin's Washington Island Ferry Line. The new ferry, named Madonna, measures 124 feet in length and 40 feet
  • Black and Graywater: An overlooked environmental issue
    Scienco/FAST, a manufacturer of marine sewage devices (MSD) based in St. Louis, Mo., has installed nearly 5,000 of its MSD units aboard towboats, tugs, offshore supply vessels, diving support vessels, pilot boats,
  • SHI partners with Bloom Energy to develop fuel cell powered ships
    Bloom Energy (NYSE: BE), a California company that got its start with a NASA program aiming to to convert Martian atmospheric gases to oxygen, could play key roll in the development of
  • Resolve response tug honored with AMVER award for fourth year
    Resolve Marine, Fort Lauderdale, Fla., reports that its U.S.-flag response tug Pioneer has received an AMVER Award for a fourth consecutive year. Resolve says the award represents an acknowledgment of its continued
  • Ingalls awarded contract to build DDG 135
    The Navy has exercised an FY2020 $936 million option under a contract with Huntington Ingalls Industries that will see the company's Ingalls Shipbuilding division build DDG 135, the future USS Thad Cochran.

Lloyd's Listweb site
JUNE 30, 2020
  • Slowing fleet growth seen as positive for tankers
    Low orderbook and slowing fleet growth going through to 2021 means that the crude and product tanker market has grounds...
  • UK ports grappling with 'shambolic' Brexit black hole of information
    Brexit had fallen down the industry agenda as it grappled with the coronavirus pandemic, but following the publication of a...
  • Diana agrees loan extension with BNP Paribas
    Greek bulker owner continues financing push as well as disposals of relatively older tonnage
  • Ports welcome UK's 'new deal' on planning reform
    'We welcome the announcement of a review of the UK's planning frameworks,' says UKMPG chief executive Tim Morris
  • From the News Desk: Ro-ro sector facing double whammy
    Car carriers and ferry operators have been among the hardest hit segments of the maritime industry as a result of...
  • Marinakis' sanctions battle with Venezuelan shipping magnate revealed
    Caracas Capital Markets, a US-based investment firm that tracks Venezuela sanctions links, used vessel-tracking data and court documents filed in...
  • Long-term ocean freight rates decline on poor economic outlook
    Contract prices fell 1.8% in June following a 1.2% decline in May, and are now 1.3% below their levels last...
  • Wärtsilä to test ammonia engine with funding from Norway
    The Finnish company will spearhead a joint effort to pave the way for ammonia engines to be used in real...
  • China Merchants brings in state-owned investor for Hambantota port
    CMPort says the deal will help it optimise assets and corporate governance structure while at the same time maintaining its...
  • German owners press for EU support for shipping
    Europe's shipping industry calls for support against competition from subsidised foreign companies
  • Daily Briefing
    Free to read: Indian ports hold Chinese shipments amid rising tensions | DFDS cuts 650 jobs to adapt to new...
  • Brit transfers US cargo renewal rights
    Falvey Cargo Underwriters will take over the renewal rights on cargo insurance business from Brit Global Specialty USA
  • Banking chief says Japanese lenders must restructure
    Tokyo Century Corp's Jigo Hiyashi believes there are far too many Japanese regional banks. He thinks they should focus on...
  • Intra-Asia feeders adapt to supply chain changes
    Nimble feeder lines such as RCL and Wan Hai are reacting to shifting patterns in supply chains by revamping services...
  • Wallenius Wilhelmsen waives covenant and defers loan
    Wallenius Wilhelmsen waived the covenant on a revolving loan for a unit, which it risked breaching after closing sites because...
  • Tianjin tops China's LNG import ports
    Tianjin's LNG imports expanded by a quarter in the first five months over the levels seen in the past year

The Journal of Commerceweb site
JUNE 30, 2020
  • Longshore workers set to strike at two Montreal marine terminals
  • LA-LB gate fees to rise 4.2 percent Aug. 1
  • Trans-Pacific carriers push third GRI in a month
  • Port of Virginia NIT expansion nearing completion

TradeWindsweb site
JUNE 30, 2020
  • Fearnleys brings out $53m placement for Mowinckels
  • Slump in values 'likely' to boost S&P activity for product tankers, says Bimco
  • Diana Shipping offloads another panamax bulk carrier
  • New investor swoops in for big Navigator Holdings position
  • Season over for Celestyal Cruises, which puts off sailings until 2021
  • Sino-Global charters bulker duo after landing Chinese contract
  • Piraeus Bank to take $86m claim against Michael Zolotas to trial
  • Havila Shipping clinches $420m financing after red-tape delay
  • North P&I completes Sunderland Marine takeover after six years
  • How a blogger's new shipping love helped a penny stock trade 629m shares
  • Charity says suicide now leading cause of crew deaths
  • Cosco's tanker arm confirms LNG carrier trio at Hudong-Zhonghua
  • Petrobras linked to charter of DHT Holdings VLCC
  • Cruiseship builder MV Werften handed financial lifeline
  • SeaBird scraps another veteran survey ship as bonds bought back
  • Wartsila teams with Knutsen OAS for first ammonia engine test
  • Tamai Steamship renegotiates loans amid dry bulk crash
  • TMS Cardiff Gas LNG newbuilding and car carrier collide off Belgium
  • Navios group sheds older panamaxes in busy S&P week
  • Norway makes bid to boost registers with bareboat fleets
  • SeaBird scraps another veteran survey ship as bonds bought back
  • Wartsila teams with Knutsen OAS for first ammonia engine test
  • Tamai Steamship renegotiates loans amid dry bulk crash
  • TMS Cardiff Gas LNG newbuilding and car carrier collide off Belgium
  • Navios group sheds older panamaxes in busy S&P week
  • Norway makes bid to boost registers with bareboat fleets
  • GEV pushes back potential $1.2bn compressed gas carrier order again
  • Cyprus gets new shipping minister as Pilides promoted in cabinet reshuffle
  • Psara Energy alleges Geden plot to hide assets to dodge $18m claim
  • KKR ready to pump cash into Borealis as bondholders move goalposts
  • Singapore bulker player Triomphe expands Australian footprint
  • STX Offshore looks to cut jobs via voluntary redundancies
  • Yinson VLCC trio books $2.3m profit during hot tanker months

American Shipperweb site
JUNE 30, 2020
  • DHL flight puts fuel-saving steps to the test
    German express carrier considers aircraft fuel, cleanliness and flight path for July 1 "perfect flight."
  • Container shipping laden with 'antiquated processes'
    A language barrier of sorts may be blocking shipping lines and ports from adopting common technology platforms.
  • Delta temporarily shuts down cargo facility at O'Hare airport
    O'Hare Airport in Chicago is facing cargo congestion and now Delta Air Lines is not accepting any more cargo at its facility until further notice.
  • Amazon building first robotics fulfillment center in Australia
    Robots make work easier at Amazon fulfillment centers. Now, the robots are coming to Australia.
  • Need for speed drives ships toward Pacific ports
    E-commerce and coronavirus fallout are buoying container services from Asia to the West Coast.

The Bunker Bulletinweb site
JUNE 30, 2020
  • Russia sees oil exports falling 14% in July to around 3.2 million b/d
  • Wartsila announces first full-scale test for ammonia as bunker fuel
  • First BPC LSFO term import tender signals domestic shift toward cleaner fuel oil
  • External: Global Risk Management
  • Malaysia's Straits Inter Logistics boosts TMD's bunkering prospects
    The provision of financial assistance will aid the ordinary course of TMD's business operations.
  • HSFO East/West spread widens on stronger Asian demand: sources
    "In general most of the HSFO isn't staying locally, there is less overall coming out and most of it gets sent to USGC," a source said.

›››File
FROM THE HOME PAGE
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.
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
SHIPPING
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
PORTS
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%)
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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