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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:33 GMT+1
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BRIEFS
August 13, 2020
Sched Netweb site
  • China-US west coast rates rise despite projections to the contrary
  • Vizhinjam becomes needed for crew changes given travel bans
  • 1,768-TEU Liberian sails on after damaging lock in Keel Canal
  • Canada's Prince Rupert gets the green light to expand terminal
  • Cargo volumes fall in India's dozen state-owned major ports
  • Home Depot to opens three distribution centres near Atlanta
  • Cathay Pacific makes changes in cargo management department
  • Leading Malaysian GSA signs exclusive deal to handle IAG Cargo
  • Kerry Logistics named Most Honoured by Institutional Investor

Exim Indiaweb site
AUGUST 12, 2020
  • 2020 Q3 demand resurgence likely on the Transpacific
  • CSP Abu Dhabi Terminal launches new direct services to Indian Subcontinent & Europe
  • London has over 80% share of global maritime arbitration market
  • Govt constitutes committee to determine ceiling rates under RoDTEP scheme
  • Andaman & Nicobar to be a hub of port-led development: PM
  • APSEZ reports steady increase in cargo throughput across ports from July
  • Disposal of un-claimed/un-cleared/seized/ confiscated goods
  • U-Freight adds second consolidation hub for China-Europe rail freight service
  • National Infrastructure Pipeline online dashboard launched
  • 'Although the economy is facing short-term impact of the Covid-19 pandemic, it will come out of it soon & regain its momentum'
  • Avashya Foundation plays stellar role in helping underprivileged students clear HSC exams with flying colours

The Loadstarweb site
AUGUST 12, 2020
  • Covid vaccine: is air cargo ready for 'the biggest product launch in history?
  • New UPS surcharges seem to be closing van doors to large-volume shippers
  • HMM finally sails into the black after 21 quarters, but half-year is still red
  • Flexport offers shippers free transport carbon footprint calculator
  • Ship cited in Beirut blast hasn't sailed in seven years, NYT finds
  • Fashion industry says cancellations will endure in Q3, and beyond
  • Ports in liner shipping: understanding their position and connectivity
  • Supply chain radar: The ocean freight debacle? Amazon and Flexport gain share
  • Under the radar: Sneak peek at Yang Ming's numbers
  • Supply chain radar: Absent major M&A, CH Robinson pushes tech (again)

Marine Logweb site
AUGUST 12, 2020
  • WFSA adds COVID-19 risk reduction to ferry competition requirements
    The Worldwide Ferry Safety Association (WFSA) is adding new requirements for its eighth Annual International Student Design Competition for a Safe Affordable Ferry that reflect the impact of the coronavirus pandemic. This
  • VIDEO: CITGO Lake Charles unit receives AWO safety award
    The American Waterways Operators' Tankering & Barge Operations Subcommittee has presented its inaugural safety award to AWO affiliate member CITGO Petroleum Corporation's Lake Charles, La. Marine Department and facility. The CITGO unit
  • Robert Socha joins Conrad Shipyard
    Morgan City, La., headquartered Conrad Shipyard, LLC reports that Robert A. Socha has joined the company as Vice President of Sales and Marketing. In this role, Socha will lead the company's sales
  • First of six LNG-fueled box ships completes trials
    The first in a series of six LNG-fueled neo-Panamax containerships has successfully completed sea and LNG gas trials in Korea. The ships are being built for Singapore-based Eastern Pacific Shipping at the
  • Japanese R&D project aims to speed development of ammonia fueling
    With growing interest in ammonia as a carbon-free future marine fuel, NYK Line, shipbuilder Japan Marine United Corporation, and ClassNK have signed a joint R&D agreement on the commercialization of an ammonia
  • Lauro-led OSV operator sells two AHTs, files for Chapter 11
    At 9.02 a.m. ET yesterday, Emanuele Lauro led Hermitage Offshore Services Ltd. (NYSE:PSV) reported that it had sold its only two anchor handling tug supply vessels, Then, at 10.56 p.m., the company

Lloyd's Listweb site
AUGUST 12, 2020
  • Chinese port congestion accounts for 40% of crude floating storage
    The pace and scale with which floating storage around the world can be unwound over the second half of 2020...
  • 'Why are we still talking about gender equality in shipping?'
    'Gender equality is not a numbers game,' says senior lecturer who started her career in the maritime industry 30 years...
  • Scorpio's offshore unit files for bankruptcy amid oil slump
    Hermitage sought protection from creditors in the US Bankruptcy Court in New York to restructure its debts while it continues...
  • UN sends grains to disaster-hit Beirut
    WFP is carrying out a six-month food supply operation and plans to ship in 130,000 tonnes of wheat flour and...
  • Brexit casts cloud over UK port throughput
    British International Freight Association asks government to 'put some meat on the bones' of Brexit border operating model announcements, while...
  • DFDS' outlook improves as ferry trade reopens
    DFDS reported a slim profit and cautious optimism as passenger travel in Europe restarted and the fall in freight volumes...
  • Weekly briefing: Beirut container terminal reopens; fears for stricken capesize off Mauritius
    Minimal damage caused to the terminal in Beirut means that container traffic has resumed calls to the port, while Mauritius...
  • Changing lanes: Carriers' regional strategies
    While capacity has been withdrawn significantly on the major east-west trades, carriers have moved to up their offering on regional...
  • V.Group confirmed as manager for Xihe tankers
    The deal between Xihe and V.Group was announced just a day before a scheduled court hearing on an application by...
  • Shippers must adapt to new realities of container shipping
    Shippers and cargo owners face paying premium prices for 'normal' services as cargo rolling and delays become more common and...
  • What now after Temasek scraps Singapore's proposed yard merger?
    Temasek's decision not to proceed with a partial offer for Keppel Corp signals that it is not going all out to...
  • Maersk Tankers hires chief commercial officer
    The latest announcement highlights that the shipping industry is right to be bringing in people with the skills to digitalise...
  • Blankings push HHLA to steep first-half loss
    This disruption in global trade during the pandemic has led to an economic contraction that could continue to impact the...
  • CMA CGM and Hapag-Lloyd resume Beirut operations
    CMA CGM says processes and clearing formalities related to containerised csrgo are almost back to normal and should be fully operational within...
  • Samudera Shipping names new chief in management reshuffle
    New chief executive Bani Mulia is the chairman's son and has spent the last 20 years in various corporate roles
  • Daily Briefing
    Free to read: Beirut container terminal resumes operation | Mauritius prepares for 'worst case scenario' over grounded bulker | Libya...
  • HMM benefits from record transpacific rates but warns of ongoing risks
    The combination of freight rate hikes and carriers' capacity reinstatement shows Chinese exporters now want to ship as many products...
  • Hong Kong port operators close in on approval for joint venture
    Alliance members' dominance in the Gateway market was seen as "unlikely to be subject to effective competitive constraint" and they...
  • Japanese firms combine to develop liquefied ammonia carrier
    The trio will also work together to develop a barge equipped with a floating storage and regasification facility exclusively for...
  • APM Terminals throughput increases at the port of Mobile
    Walmart in 2018 opened a $135m distribution centre in Mobile - a facility that represents around 50,000 teu of imports per...
  • Governments have created crew crisis but charterers can help solve it, says ICS
    After months of frustration, certain shipowners have begun to criticise the chartering community for contributing little to crew change efforts...

The Journal of Commerceweb site
AUGUST 12, 2020
  • JOC Uncharted: Surging volumes send retailers scrambling for truck capacity
  • Rail congestion lingers in LA, but small glimmer of hope
  • Bangladesh to allow foreign companies in port operations
  • August MPV index eyes narrow gain after COVID-19 low
  • HMM warns of uncertain second half after H1 rebound

TradeWindsweb site
AUGUST 12, 2020
  • Pangaea Logistics sells bulker amid lower quarterly profit
  • NYSE takes first steps to yank Hermitage Offshore listing following Chapter 11 move
  • Iran reportedly detains Greek-linked tanker in Middle East Gulf
  • Silversea Cruises charters vessel to Kingdom of Saudi Arabia
  • Judge allows family of Sanchi crew to seek answers on tanker tragedy
  • Australia LNG cargo makes rare trade east to South America
  • Japan's Nisshin Shipping is making a return to MR tanker segment with newbuildings
  • Consolidation: M&A buzz returns to shipping as uncertainty lifts
  • Braemar says European emission trading system to benefit LNG-fuelled vessels
  • Braemar ACM snaps up team from Lightship in Geneva boost
  • Singapore circuit breaker takes its toll on Kim Heng results
  • Maersk executive takes helm at Westwood Shipping
  • Philly Shipyard announces death of chief financial officer
  • Asmeri Herry set to drive growth in Samudera Indonesia's domestic shipping business
  • Shareholders back Sembcorp Marine recapitalisation and demerger

American Shipperweb site
AUGUST 12, 2020
  • Trade outlook clouds Port of Oakland forecast
    "We're not doing any victory celebrations because the trade outlook remains unclear as long as the pandemic is with us."
  • Trans-Pacific 'going crazy' as demand defies pandemic pessimists
    Asia-U.S. ocean freight rates are hitting record highs as import demand outpaces vessel supply.
  • HMM makes steep climb toward profitability
    Operating profit "turnaround" of more than $300 million reported.
  • GECAS stocks up on 737-800 converted freighters
    GE Capital Aviation Services now has 74 orders for Boeing to convert versatile, narrow-body passenger planes for express and e-commerce services.
  • Magma Aviation adds 747-400 freighter to fleet
    Magma has a nose for cargo. It will operate a new 747 that can open its front end to load big shipments.
  • Cargo congestion plagues Sydney Airport in Australia
    Shippers are facing delays at Sydney Airport in Australia because cargo terminals are buried in cargo.
  • South Carolina Ports laying groundwork for larger ships
    State-of-the-art rubber-tired gantry cranes will have 169 feet of lift height.
  • International trade at Texas ports falls sharply
    Imports of auto parts, passenger cars and commercial trucks into Texas ports declined 23% through the first six months of the year.

The Bunker Bulletinweb site
AUGUST 12, 2020
  • Hong Kong's marine fuel 0.5%S differential hits 2-month low as 14-day quarantine diverts demand
    "Demand has dropped by at least 40% in August," one supplier said.
  • Argentina may extend COVID-19 lockdown in latest setback for oil output
    YPF, the country's biggest oil producer and refiner, saw its refinery utilization rate plummet to a low of 47% in April.
  • Fujairah Data: Oil Products stocks dip for seventh consecutive week
    Stockpiles are now the lowest since April 20 and have declined 21% from the all-time high of 30.71 million barrels on June 1.
  • Brazil's Petrobras sets low-sulfur diesel sales record in July
    Petrobras sold 1.78 million cubic meters of low-sulfur diesel in July.
  • Efforts to contain oil spill in Mauritius from Wakashio carrier underway
    About 3,894 mt of low-sulfur fuel oil, 207 mt of diesel oil and 90 mt of lubricant oil were on board the MV Wakashio.
  • Singapore's MPA launches next-generation patrol crafts amid continued vigil
    MPA has also deployed two new patrol launches for flag and port state control inspections.

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