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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:51 GMT+1
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BRIEFS
March 13, 2020
Sched Netweb site
  • Cathay 'cautiously optimistic' about cargo, but expects 'substantial loss' in H1 2020
  • Coronavirus could slap US$700m bill on US retailers in March/April
  • Covid-19 outbreak could delay annual ocean shipping contracts
  • US ports take heavy hit from coronavirus outbreak
  • Evergreen switches to online booking platform after Maersk, Hapag Lloyd
  • US trucking markets hold firm, but fears of falling spending will squeeze cargo loads
  • Chris Price to succeed Al-Saleh as CEO of Agility
  • Airfreight rates to hit US$10/kg; more rises as demand surges
  • Drone Delivery Canada to pilot cargo flights with payload of up to 400 pounds
  • US$1.8m cocaine hidden in flower shipment seized at San Juan airport

Exim Indiaweb site
MARCH 12, 2020
  • CFSAI postpones Annual Day Function & Conference scheduled for today in Mumbai
  • Changing impact of Covid-19 on container shipping
  • NMPT board approves dedicated berth for Coast Guard
  • CVC fund launched to invest in disruptive start-ups in logistics industry
  • New dedicated rail freight corridors being mulled
  • Crude oil, natural gas, steel, copper, aluminium face gloom due to Covid-19
  • India can achieve 6 pc GDP growth in FY21 despite crisis, says CEA
  • Low prices of crude seen as demand driver for India
  • Global economy faces greatest danger since financial crisis, says OECD
  • Gujarat Junction CEO Roundtable & Cargo & Logistics Awards 2020 postponed
  • Gujarat Maritime University organises 1st edition of GMU-CIArb International Maritime Arbitration Competition in association with India branch of Chartered Institute of Arbitrators
  • HAZCHEM & IMDG Code training seminar at CTL-BHP 2020 a comprehensive learning experience

International Transport Journalweb site
  • Overcoming digital hurdles
  • Look at today's logistics in Italy from within
  • Intermodal operators demand safeguards
  • B&H Worldwide takes AOG Technics on board
  • JCL Logistics picks CEO for Swiss branch
  • DP World: organic growth and acquisitions
  • UPS evaluate Gaussin electric shifters
  • Coronavirus says goodbye to angels
  • Hellmann: contract logistics for Jakks Pacific
  • New project cargo director for Bati Group
  • Europe's biggest cargo gateway feels sick in February
  • New 52-foot container carriers added
  • Port of Los Angeles' corona loss so far
  • "Curiosity of the Day"
  • Profits down for Swiss Post
  • Gecas appoints two new heads
  • Scotland promotes shift from road to rail
  • Wilhelmshaven reaches Top 20
  • Airport on Shetland's main island to close

The Loadstarweb site
MARCH 12, 2020
  • Transatlantic air freight rates to soar as US imposes Europe travel ban
  • US importers brace for disruption as China recovers and imports surge
  • MSC sends mega-vessels to bring much-needed empty containers back to the US
  • Pandemic looks set to hit Cathay Pacific hard, after a 'challenging' 2019
  • Bangladesh approves construction of 'essential' first deepwater port
  • Supply chain radar: Atlas Air - when will they fly again?
  • Carol Tomé to take the helm as David Abney retires after 46 years at UPS

Marine Logweb site
MARCH 12, 2020
  • Jotun: "We've solved the biofouling problem once and for all"
    Norwegian marine coatings specialist Jotun claims to have "solved the problem of biofouling once and for all" with an offering called Hull Skating Solutions (HSS). It combines a high performance antifouling, SeaQuantum
  • Anglo-Eastern rolls out DNV GL's Navigator Port technology fleetwide
    Hong Kong headquartered Anglo-Eastern Ship Management has completed the successful roll-out of DNV GL's Navigator Port software to its fleet of more than 600 vessels. Navigator Port is used daily onboard several
  • Corvus to supply ESS for innovative hybrid coastal
    Corvus Energy has been selected by electrical system integrator Westcon Power & Automation (WPA) to supply the lithium-ion battery-based energy storage system (ESS) for a new 8,500 dwt hybrid coastal cargo vessel
  • Coronavirus: IMO closes HQ building, postpones meetings
    IMO's headquarters building in London was closed to visitors and staff today, and will be closed tomorrow, as a precautionary measure due to the coronavirus outbreak. This follows the March 11 assessment
  • Cook Inlet Tug & Barge adds shallow draft tug to fleet
    Anchorage, Alaska, headquartered Cook Inlet Tug & Barge (CITB), an independently managed subsidiary of Foss Maritime Company, is adding a versatile shallow draft tugboat, the Bristol Wind, to its fleet in mid-April.
  • VIDEO: Princess Cruises suspends operations for 60 days
    In what it calls a "proactive response to the unpredictable circumstances evolving from the global spread of COVID-19," Carnival Corporation's Princess Cruises brand says it will voluntarily pause global operations of its
  • Bouchard says it has closed on financing
    Melville, N.Y., based Bouchard Transportation Co., whose recent problems have been well-publicized, says that it has been "able to close on financing to start paying back vessel wages and meet other outstanding

Lloyd's Listweb site
MARCH 12, 2020
  • Greek shipowners lead lucrative VLCC charter market
    VLCC daily rates on main tanker routes grew by almost 25% in certain cases as market dynamics prolong earnings spree
  • Greek ferry caught in coronavirus scare as crisis hammers sector's earnings
    The Greek ferry sector faces taking an 'enormous' economic hit because of coronavirus considerations with traffic on all routes about...
  • Princess Cruises and Viking suspend operations for two months
    Princess Cruises said the 'voluntary and temporary pause' was a proactive response to the spread of coronavirus
  • Automation can keep ports competitive, but job losses are a worry
    Education is seen as key to striking a balance by keeping workers up to date - and on the job...
  • The Interview: Rodolphe Saade
    Rodolphe Saadé probably thought that he knew what to expect when he stepped into the top job at CMA CGM...
  • EU ministers welcome Green Deal, but stress need for global action
    The EU transport ministers endorsed push for carbon neutral shipping, but highlighted the 'utmost' importance of global action and the...
  • Phase One deal fails to boost Sino-US trade in January
    BIMCO warns China and the US are unlikely to hit their targets under the deal, which will have to be...
  • China ship calls return to previous levels
    Calls by container-related vessels to Shanghai and Yangshan are at the same level now as this time last year
  • IMO shuts London headquarters and postpones further meetings
    The move comes after the World Health Organization said the Covid-19 outbreak can be characterised as a pandemic
  • Transport groups call for protection of intermodal rail during shutdowns
    Terminal operator Contship Italia expects volumes to be hit by coronavirus, but says its logistics operations can play vital role...
  • Singapore bunker fleet will expand despite oil price plunge
    Singapore's bunker fleet tally stood at 213 vessels as of Tuesday, up from 201 on September 30, 2019
  • IMO sulphur cap highlights OW Bunker collapse lessons
    Assessing counterparty risk remains one of the better protective steps that can be taken, as is checking supplier contracts and...
  • Maersk holding company appoints new board members
    Maersk executive joins former Google director at Maersk's top table
  • Oil price crash predicted to curb US gas production
    Record investments last year as well as plunging LNG prices this year have already tested investors' appetite entering 2020, but...
  • Daily Briefing
    Free to read: Daily tanker earnings reach $300,000 | IMO planning postponement of latest environmental talks | Scrubber economics weaken |...
  • DP World focuses on integration in 2020
    DP World posted a 4.6% rise in 2019 net profit to $1.3bn on a 36.1% rise in turnover to $7.7bn...
  • US global oil outlook jolted by Saudi-Russia market share battle
    The EIA assumes that Opec will target 'market share instead of a balanced global oil market', with its crude oil...

The Journal of Commerceweb site
MARCH 12, 2020
  • US imports from China crash to near-four-year low
  • Forwarders: Coronavirus less disruptive than West Coast labor disruptions
  • US ban sparks search for alternatives to trans-Atlantic air cargo
  • New UPS CEO brings shipper perspective
  • Chittagong depots cease container stuffing for three carriers
  • China-EU shippers turn to rail after ocean capacity cuts
  • Coronavirus-hit Chinese truck capacity nearing full strength

TradeWindsweb site
MARCH 12, 2020
  • Dynagas back in the black with fourth quarter results
  • Volatility has KNOT Offshore Partners patient with dropdowns
  • Handysizes see steady gains in Atlantic Basin
  • Enviable dilemma for VLCC owners: the choice between spot trading and floating storage
  • Capital Link pushes back two events, takes one online
  • 'Big Three' cruise majors lose $54bn from 52-week highs amid coronavirus
  • Second couple sues Princess Cruises over coronavirus 'negligence'
  • Shipping stocks hammered again with a few tanker outliers
  • Despite lockdown, d'Amico's tanker arm bullish in business prospects
  • Clarksons Platou has $200,000 VLCC rates in sight
  • India clamps down on cruise as coronavius reaches pandemic
  • GoodBulk on the hunt to acquire 'distressed' ships, president steps down
  • IFAN warns non-paying shipowners that navigation safety at risk in Gulf
  • SSY closes for 14 days in Bergen after cleaner comes down with virus
  • Princess Cruises and Viking suspend operations as pandemic punishes cruise
  • IMO shuts shop at London headquarters as 'precaution' on coronavirus fears
  • It is time to challenge the cosy consensus on executive pay
  • MSC and RINA to convert ferry into coronavirus hospital ship
  • Cosco Specialised takes ultramax MPP fleet to 20
  • Tokyo MOU to take 'pragmatic' approach to regulatory issues
  • GTT signs Excelerate Energy up for technical services deal
  • Italian shipowners devise action plan in wake of virus lockdown
  • Dalian Shipbuilding to end decades-long Greek order drought
  • Tanker rate surge fails to insulate owners from stock market massacre
  • Greek ferry held at port over suspect coronavirus case
  • KN beefs up FSRU loan amid long-term positivity
  • VLCC rates soar as Saudi Arabia swoops on spot tonnage
  • Chinese shipyards lead race for Hapag-Lloyd's mega-boxships
  • Atlas Maritime sells 15-year-old aframax tanker in potential renewal move
  • Term rates stretch as charterers fix 25 PSVs in North Sea
  • Deutsche Bank upgrades shipping with promotion of Amit Mehrotra
  • Astra exploits low bulker market for renewal moves
  • Michael Sirat rebuffs doubters on CMA CGM's financial picture
  • Shuttle tankers yet to feel impact of virus and low oil price
  • Maritime shares slump as Trump bans US entry to Europeans
  • BDI rises to seven-week high as Indian Ocean fixtures boost supramaxes
  • China bulker discharge rates down 34% on coronavirus fears

American Shipperweb site
MARCH 12, 2020
  • Seafood shipping concerns rise amid coronavirus outbreaks
    Coronavirus is having an impact on many industries. One of those impacted is the global seafood industry.
  • Dachser expanding Shanghai airfreight service in 'volatile' coronavirus times
    Charters between Germany and China rise as logistics provider readies for "whatever happens" in coming weeks.
  • Coronavirus spawns worldwide box-repositioning challenge
    Coronavirus left containers scattered in the wrong ports. Liner companies are trying to get them back into position.
  • Trump bans travel from Europe, adding to airline woes
    Airlines are getting hammered by falling demand and now will lose much of the trans-Atlantic market entirely for a month as the U.S. bans travel...
  • Trade groups unite to fight forced labor in China supply chains
    "As an industry representing brands and retailers, we do not tolerate forced labor in our supply chains," said five large U.S. apparel and footwear associations.

The Bunker Bulletinweb site
MARCH 12, 2020
  • European jet fuel swaps collapse after Trump flight bans
    The European jet fuel swaps market collapsed Thursday morning after US President Donald Trump announced sweeping flight restrictions from 26 European countries in an attempt to curb the spread of coronavirus in the US.
  • Soaring VLCC rates weigh on values for Mediterranean, West African crude
    Crudes from the Mediterranean and West Africa -- already weighed on by reduced demand as a result of COVID-19 -- have seen a further hit to their values this week from a sharp rise in freight costs, sources said.
  • US crude imports from Saudi Arabia likely to push USGC HSFO prices lower: sources
    An increase in crude imports from Saudi Arabia into the US Gulf Coast could spell trouble for the high-sulfur fuel oil, or HSFO market, sources said.
  • ARA diesel, gasoil stocks fall 11% on week amid rising inland demand
    Diesel and gasoil inventories at the Amsterdam-Rotterdam-Antwerp trading hub fell 11% week on week to a 14-month low of 1.922 million mt as of Wednesday, Insights Global data released Thursday showed. This represented the smallest level of stocks since December 2018, according to the data.
  • Growing imports spur fuel changes in Latin America
    Growing refined product imports into Latin American have pushed some countries to make fuel specification changes that help better align their demand with international supply, and more changes are potentially on the way.
  • European-to-Asia naphtha spread widens to 4-year high
    European naphtha's discount to Asia has widened as the sharp plunge in the oil complex and coronavirus pandemic have depressed markets globally leading traders to look to move barrels east.
  • RBOB futures tumble below 90 cents/gal as coronavirus takes toll on gasoline demand
    NYMEX RBOB futures tumbled below 90 cents/gal Thursday, driven by expectations of lower driving demand as a result of the spreading coronavirus.
  • Saudi crude shipments to US refiners seen tripling by early April
    Volumes of Saudi Arabian crude to US refiners is expected to average about 1.5 million b/d during the last week of March.

›››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%)
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
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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