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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:00 GMT+1
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BRIEFS
May 15, 2020
Sched Netweb site
  • Safety crackdown led to more ship detentions in 2019: report
  • OOCL cancels two additional transpacific services in June
  • World hunger may double as virus disrupts supply chains: experts
  • Norway's Odfjell sells 50pc of terminal in Dalian for US$59 million
  • Oil climbs with demand uptick as Saudi hints at an early recovery
  • DP World Posorja in Ecuador receives quay crane plus three RTGs
  • People's Bank of China vows to support coronavirus-hit economy
  • British aviation queries flu quarantine as economically ruinous
  • New York's Air Cargo World cuts back in face of coronavirus impact
  • Turkish Cargo scores a hat trick over CEIV certifications

Exim Indiaweb site
MAY 14, 2020
  • GAC inks Global Network Agent agreement in Bangladesh to expand coverage in Indian Subcontinent
  • Guidance issued to ensure safe shipboard interface between ship & shore-based personnel
  • MSC offers new trade finance solution for Indian cargo shippers
  • Yang Ming reinforcing container business operation & strengthening operating structure
  • Import-laden containers moved from JN Port Terminals to Container Freight Stations (CFSs) and cleared by importers from March 23 to May 13, 2020
  • Procedure to issue EDI Port Clearance/Advance Port Clearance
  • Volume matrix of import-laden containers shifted from Mundra Port Terminals to Container Freight Stations and import delivery from Container Freight Stations during March 23 to May 13, 2020
  • Qatar Airways Cargo transports vaccines to India amidst the Covid-19 crisis
  • DPIIT looking into merits of proposals on FDI restrictions
  • Pandemic reduces global trade values, commodity prices
  • China exempts 79 American products from 2nd round of retaliatory tariffs

International Transport Journalweb site
  • First cargo airline achieves San Marino AOC
  • Rail solution to curb Pandemic in Africa
  • Louis DeJoy to serve as new postmaster general
  • CCM enhances booking application with QR code functionality
  • Management-buy-back on the Danube
  • Central Anatolian rail line reopened
  • Exclusive agreement for thermal packaging solution
  • New chief revenue officer for Slync.io
  • Schuon heads for the Balkans
  • Will Maersk weather the storm?
  • Start-up delivers its first e-vehicle
  • Drugs in turntables and washing machines
  • Aero Africa appoints director product development
  • DSV launches e-commerce solutions
  • "Curiosity of the Day"
  • Haulier supports Covid-19-fight in USA
  • American Airlines back to the future in May
  • Bremenports' new digital tool

The Loadstarweb site
MAY 14, 2020
  • More state bailouts spark claims of 'unfair competition' among container lines
  • Whitehall's new customs agent academy? 'It's all smoke and mirrors'
  • China-Europe rail freight services buck falling volumes trend
  • US cherries may hit the jackpot again, despite a slow start to China
  • Hapag-Lloyd suspends three Baltic feeder services as volumes collapse
  • US airlines got the sweetest Covid bailout - a wise move?
  • Brexit will mean checks on goods crossing Irish Sea, government admits
  • M&A radar: Toll is the new UTi for DSV - still not interested, Mr Andersen?

Marine Logweb site
MAY 14, 2020
  • Rand Logistics completes American Steamship acquisition
    GATX Corporation (NYSE:GATX) today announced that it has completed the sale of its American Steamship Company (ASC) business to Rand Logistics, LLC for approximately $260 million in cash proceeds, subject to customary
  • Carnival announces layoffs, furloughs and salary cuts
    Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today reported a number of additional actions it is taking to strengthen its liquidity position in the event of an extended pause in cruise
  • Hornbeck Offshore takes another step towards Chapter 11 reorganization
    Hornbeck Offshore Services Inc. (OTCQB:HOSS) reported yesterday that it has launched a solicitation of votes from its lenders and unsecured noteholders in support of a prepackaged Chapter 11 plan of reorganization. The
  • Towboat collision underscores importance of accurate AIS data entry and display
    A recent collision on the Mississippi River has prompted the Coast Guard's Office of Investigations & Analysis to issue a Marine Safety Alert (04-20) that says the incident serves as an important
  • Alfa Laval steam solution supports low-sulfur fuel use in Seaspan containerships
    Seaspan Ship Management has turned to Alfa Laval to help it resolve steam balance and redundancy issues encountered with low-sulfur fuels. The comprehensive solution-an integrated steam boiler plant comprising oil-fired steam production,
  • Hartmann orders ME-LGIP engines for newbuild LPG tanker trio
    MAN Energy Solutions is to supply MAN B&W ME-LGIP (Liquid Gas Injection Propane) dual-fuel engines for three 5,000-cubic-meter LPG tankers currently under construction at the CIMC-SOE shipyard in Shanghai for Hartmann Gas

Lloyd's Listweb site
MAY 14, 2020
  • US alerts shipping to illegal 'sanctions evasion practices'
    US agencies have issued a global advisory to the maritime industry alerting it to 'deceptive shipping practices used to evade...
  • Euronav chief committed to public equity markets
    Euronav chief executive rejects any suggestion of going into private ownership and says the company's dividend policy is part of...
  • Diana ready to 'play defence' as dry bulk market tips into uncharted territory
    Options include selling more ships, say executives, pointedly playing down any prospects of a recovery in six months' time
  • Yang Ming underscores state backing amid first-quarter losses
    Yang Ming net losses in the first quarter have widened to $27.2m after two consecutive years of losses, while volume...
  • Torm expects product tanker rates to soften
    Clean product tankers being used for so-called 'dirty' trades hit the highest since 2013
  • Trading with North Korea will invalidate P&I cover
    Washington is likely to ramp up shipping sanctions aimed against the communist country ahead of US presidential elections in November
  • China port volumes weaken amid pandemic headwinds
    The results are in line with carriers' expectation of greater volume losses in the second quarter
  • Tanker downturn likely as floating storage reaches peak
    With seaborne crude exports falling over May and further cutbacks scheduled in June, the release of tonnage from floating storage...
  • Disabled LPG carrier and crew abandoned off Manila
    Spanish shipowner Global Gas says the crew have been supplied, while ITF says they were abandoned
  • Cargill says coronavirus puts squeeze on sustainability goals
    The leading charterer sees decarbonisation momentum persisting and pandemic accelerating the trend
  • Troubled Ocean Tankers to raise cash from vessel sale
    Ocean Tankers struggles to cope with repercussion from having issued bills of lading for Hin Leong's cargoes carried on board...
  • Daily Briefing
    Free to read: Skou confident carriers can maintain capacity discipline | Maersk warns of looming sharp drop in container volumes...
  • Floating storage duration to offset Opec crude cuts, says Navig8
    'Long and slow drawdowns of floating storage will place a wet blanket on earnings for an extended period' - Navig8...
  • Angeliki Frangou encouraged by shrinking capesize fleet
    Capesize fleet reduction has resulted from accelerating non-deliveries and scrapping of vessels alongside Vale's recent announcement of its intent to...
  • Key investments render North and South Carolina ports 'big-ship' ready
    The ports of Wilmington and Charleston see long-term investments as the key to resilience in the face of adversity created...

The Journal of Commerceweb site
MAY 14, 2020
  • HOS changes to benefit drayage, short-haul truckers
  • HOS reform gives truckers time, shippers capacity
  • Fixed-payment leases help ports weather COVID-19 crisis: Moody's
  • European truck rates face bumpy road after steady Q1
  • Trans-Pac blank sailings a harbinger of soft summer imports
  • Logistics automation company lands PSA financial backing

TradeWindsweb site
MAY 14, 2020
  • Hornbeck looking to get Chapter 11 plan approved in June
  • Charter rates for boxships in 'free-fall' amid pandemic pain
  • Carnival cuts workforce to save millions of dollars amid Covid-19
  • Norwegian expects 'multiple years' for return to 2019 profit
  • US issues another advisory to shipping companies on sanctions
  • Britannia P&I and Skuld celebrate strong years
  • Rates for capesize bulk carriers are a dry market horror story - again
  • Diana Shipping holds onto money in 'uncharted territory'
  • ASL yard restricted to just 100 staff, while Batam effectively closed to foreigners
  • LPG carrier crew suffers after abandonment in Philippines
  • Japan's first LNG bunker vessel launched at Kawasaki

American Shipperweb site
MAY 14, 2020
  • Port of Long Beach volume down 17.3% in April
    San Pedro Bay complex braces for more blanked sailings as coronavirus pandemic rages on.
  • Yang Ming reports $27 million loss
    Taiwanese carrier among Asian container shipping lines criticized for government subsidies.
  • Delta to retire 777 fleet by year's end
    Delta Air Lines is bidding adieu to the 777. The airline will be smaller for the next few years, so it doesn't need its big...
  • Reefer volume and ship size up in North Carolina
    Ports authority reports refrigerated container record and largest vessel call.
  • US airlines aim to keep it clean during COVID-19
    "We remain committed to achieving our aggressive climate and sustainability goals," said Nancy Young, Airlines for America's vice president of environmental affairs.
  • Commentary: Trade flow and the warning flares it signals
    CNBC's Lori Ann LaRocco writes about the impact of COVID-19 on U.S.-China trade, particularly in regard to the trade war between the two nations.
  • ICAO calls for sanitary sky corridors to expedite critical cargo flights
    International aviation authorities and health experts are trying to create public health corridors in the sky through the application of multi-layers of sanitary and hygiene...

The Bunker Bulletinweb site
MAY 14, 2020
  • Chevron launches USGC offshore bunkering as prices dip to new lows
    Chevron Marine Fuels has begun offering an offshore bunkering option on the US Gulf Coast, with shipping traffic at a standstill amid pandemic demand destruction, the company said.
  • PDVSA awaits Iranian gasoline to calm thirsty Venezuelan market
    Venezuela is expecting gasoline imports from Iran to help fill a supply shortage that has caused protests to breakout in Caracas, the capital, sources said Thursday.
  • OIL FUTURES: WTI surges to five-week high amid improved demand, supply outlooks
    Crude settled sharply higher Thursday amid optimism that fast-than-expected producer cuts and improved demand outlooks could create a supply deficit before year's end.
  • Peak drop in global oil refining shifts to May, recovery seen in June: IEA
    The International Energy Agency said Thursday that the peak of the drop in global oil refining activity has shifted to May.
  • US warns energy, metals industries of sanctions risk from 'illicit shipping'
    The US government warned the global maritime, energy and metals industries Thursday to be on guard for "illicit shipping" schemes that expose them to sanctions risks, particularly with trades involving Iran, North Korea and Syria.
  • Danish oil product tanker company Torm says rates rising in Q2
    Danish oil-product tanker company Torm said Thursday that freight rates were continuing to power ahead into the second quarter after it cruised to its strongest Q1 results in a decade.
  • Persian Gulf ULSD cash differential rebounds from record lows on tightening supply
    The cash differential for 10 ppm sulfur gasoil loading from the Persian Gulf has rebounded from record lows, with signs of improvement coming on the back of tighter supply balances, said Asian middle distillate sources Wednesday.
  • Low LSFO prices in S Korea amid ample supply attract north Asia buyers
    An increased month-on-month supply of marine fuels in South Korea this month has dragged down marine fuel prices, drawing demand from bargain hunters across north Asia.
  • USGC high sulfur fuel oil M1 swap crack strongest in 10 months despite thin liquidity
    High sulfur fuel oil markets have seen a rebound in prices and crack spreads in May, though several market participants have said that the movement seems divorced of current market fundamentals.
  • External: Global Risk Management
  • Will bunker prices go into negative territory?
    Recently we saw the US WTI crude contract for May drop into negative territory. These remarkable prices were driven by low storage availability and flurry of sellers looking to close their positions ahead of expiry.

›››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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