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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:43 GMT+1
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BRIEFS
March 17, 2020
Sched Netweb site
  • Asia-Europe falls 0.4pc to US$827/TEU, USWC jumps 18.3pc to $1,610/FEU
  • New arrivals bring Savannah's crane fleet to 36, most in North America
  • Maersk sets up Inland Container Depot in Maduran 93 miles from Tuticorin
  • US trade pressure induces Indonesia to drop Russian, Chinese arms deals
  • OOCL voids another transpacific sailing owing to low market demand
  • Seattle to spend US$9.5 billion on port expansion of marine facilities
  • US pork exports to China fall to lowest ebb: US Department of Agriculture
  • US hoarding and restocking ripples through supply chains on virus fears
  • Cargo traffic surges at Nigerian ports after Benin border closes
  • EU and UK far apart in trade talks as virus scare disrupts negotiations
  • Kerry Logistics moves to London Heathrow facility to boost air cargo
  • US transatlantic passenger ban expected to be major blow to air cargo
  • Weak market, fleet transformation dampens Etihad Cargo's 2019 results
  • Lufthansa Cargo implements IBS Software's cargo handling app

Exim Indiaweb site
MARCH 16, 2020
  • Cyber security implementation guide for vessels published
  • ONE enhances participation on Australia East Asia service
  • Start of Ocean Alliance Day Four Product announced
  • Exports of fruits, vegetables from Kerala reduced due to slowdown in West Asia
  • Gujarat Pipavav Port organises training on upskilling
  • Mansukh Mandaviya inaugurates x-ray container scanner, centralised parking plaza & other infra projects at JN Port
  • Mumbai now has RoPax service as part of its transport infrastructure
  • Port of Antwerp facing up to the challenge of Coronavirus
  • Robust annual financial results for DP World
  • Govt gives INR 50 cr. for onion storage facilities to be created by farmers under RKVY scheme
  • Moody's projects India's GDP at 5.3 pc for 2020
  • G20 leaders called on to urgently formulate comprehensive global economic action plan against Covid-19

International Transport Journalweb site
  • Renault Trucks banks on electric trucks
  • COVID-19: truck driving bans suspended
  • Palletways cooperates with Ziegler France
  • Port of Dunkirk stresses multimodality
  • Large investments for industrial development
  • Tritax Symmetry picks new development director
  • Zero orders in second month
  • Delays in fashion logistics
  • Dutch forwarder delivers with zero emissions
  • Riia Sillave becomes CEO of HHLA TK Estonia
  • New giants on the horizon
  • Cincinnati CBP Agriculture bars prohibited fruit
  • "Curiosity of the Day"
  • DHL Supply Chain and Locus Robotics expand partnership
  • Chinese ebb in the port of Long Beach
  • om UPS Board appoints Carol Tomé as CEO
  • Exploring São Paulo's potential

The Loadstarweb site
MARCH 16, 2020
  • Spot rates soar as shipping resumes, but don't take advantage, carriers warned
  • Air freight: this week, 'expect capacity shortages and considerable rate rises'
  • Hard-pressed carriers call on airports to review landing charges as demand sinks
  • Stuck in the Covid-19 epicentre - notes from the graveyard
  • CMA CGM lifts reefer congestion surcharge in China as truckers return to work
  • Virgin Atlantic takes 'drastic' action as it fights to 'weather the storm'
  • Australian box depots ease payment terms for cash-strapped operators

Marine Logweb site
MARCH 16, 2020
  • PVA to Trump: Include us in coronavirus economic assistance plans
    The Passenger Vessel Association (PVA) has sent a letter to President Trump urging him to take immediate action to include U.S. passenger vessel operators in the administration's plans to provide economic assistance
  • Maritime Partners takes delivery of new towboat
    The Steiner Construction shipyard in Bayou La Batre, Ala. recently delivered the M/V Darrell Hiatt, the first in a series of seven subchapter M compliant towboats that it is building for Metairie,
  • American Queen Steamboat Company suspends operations
    The impact of the coronavirus outbreak on cruising is not confined to a 30-day halt in CLIA members' ocean cruises from U.S. ports. American Queen Steamboat Company (AQSC) has announced that it
  • Stena Line to cut 950 jobs in Sweden
    Coronavirus-related travel restrictions in Europe have had a devastating effect on ferry operations. On Friday, Gothenburg, Sweden, headquartered Stena Line said that, with Danish and Polish closing their borders, it would suspend
  • VIDEO: How ABB technology supports sustainable Arctic shipping
    The Northern Sea Route allows cargo to be transferred from northern Europe to northeast Asia, via the Bering Strait. It offers a 30 percent faster passage than the southern Europe-Asia alternative via

Lloyd's Listweb site
MARCH 16, 2020
  • Coronavirus: Greece bans passengers on Adriatic ferries as prohibitions tighten
    Freight operations between Greek and Italian ports untouched amid slew of new measures by Athens to limit coronavirus spread, including...
  • Jet fuel arbitrage trades keep clean tanker earnings steady 'for now'
    A jet fuel deficit in California has been moving huge volumes of the aviation fuel from the Far East to...
  • Golar to develop LNG terminal at Port of Suape in Brazil
    Company says operations are scheduled to start in the second half of 2020
  • Coronavirus: Stena Line to cut 950 jobs amid sharp drop in business
    Stena Line said it was 'forced to take drastic measures' to cut costs as passenger traffic fell
  • UAE bans MSC boxship for a year over sulphur cap violations
    The MSC boxship had non-compliant fuel oil on board and did not follow orders to dispose of it, the UAE...
  • Coronavirus: Marine claims for delay and disruption to rise
    'Impact is more likely to be felt in delay or disruption where no damage is suffered, with cargoes or vessels...
  • Coronavirus: Denmark rolls out worker compensation scheme
    Temporary wage compensation scheme will help to cover costs of employees who would ordinarily be laid off due to drop...
  • Globus Maritime gains one-year bond repayment extension
    Debt placement a year ago with an unnamed private investor brought gross proceeds of $5m at an annual interest rate...
  • Vale warns that operations could be hit by virus
    Brazilian miner says it is closely monitoring developments and may need to adopt contingency measures
  • UK Club offloads occupational disease liabilities
    Deal will 'significantly improve the club's capital position and bring finality to a highly volatile book of claims', says chairman...
  • Frontline to buy 10 suezmaxes from Trafigura
    The finance deal, at Libor plus 2.3% interest, gives Frontline purchase options throughout the seven-year term
  • Equipment shortages hit US and European shippers
    Spread of coronavirus to importing nations is hampering container handling
  • Supply chain issues to linger as services return to normal
    FMC warns against price gouging as delays in transpacific shipments threaten negative economic impact on US manufacturers
  • Fresh tanker record as Reliance takes VLCC for more than $410,000 daily
    VLCC tanker earnings are now assessed at the highest levels since the Iraqi tanker wars in the 1980s
  • Daily Briefing
    Free to read: Turbo-charged tanker rates | Box lines face $17bn shortfall | European gas price crash looms | Air...
  • Crew changes remain blocked in China despite Beijing's easing policy
    One China-based shipmanager says Beijing needs to increase efforts to make crew changes easier at domestic ports
  • Australia's LNG exports to Japan show a fall in February
    While exports to China may have held up over last year's levels, delays and diversions seen in at least 11...
  • Coronavirus: Chevron sounds alert on Gorgon LNG project
    Gorgon ranks among the world's largest LNG export projects
  • Coronavirus: Blank sailings hit US ports
    Two Seattle marine cargo terminals - Terminal 30 and Terminal 18, both managed by SSA Marine - shut their trucking gates on...

The Journal of Commerceweb site
MARCH 16, 2020
  • FMC urged to adopt demurrage-detention rulemaking
  • ILA endorses Biden for US president
  • COVID-19 restricting US trucking route map
  • Archerhub banks on boosting trucker pay to guarantee capacity
  • Savannah eyes double-digit cut in March volumes on COVID-19 blankings
  • Coronavirus leaves Europe exporters without empty containers
  • China air cargo capacity cuts pinch US crab exports

TradeWindsweb site
MARCH 16, 2020
  • Cruise majors could put ships into lay-up with revenue set to fall
  • Norwegian draws down credit facilities to stave off coronavirus
  • AISSOT-Marinakis VL bareboat deals fall apart in acrimony
  • 'Encouraging' signs of China rebound but few new orders likely, says Clarksons
  • Frontline's Macleod hails the real deal of tanker bull run
  • IEA hikes VLSFO demand forecast but warns of off-spec risks
  • Shipping shares ravaged in 2020 trading on virus impact
  • Law firm CJC strengthens Singapore team with HFW recruits
  • Shareholder suit alleges Norwegian Cruise Line lied over coronavirus
  • Lloyd's of London survives coronavirus stress test
  • Danish shipowners to get state help to stop them firing workers
  • Nordic Maritime eyes Bihar tanker arrests after court ruling
  • UK P&I unloads asbestos liability onto Randall & Quilter
  • Sovcomflot's $13bn backlog is 'as good as it gets' for shipowners
  • IMO 2021: Shipping now needs to get to grips with cyber security
  • Golar Power names LNG ship for next Brazilian import terminal
  • MSC boxship barred over ban on carrying high-sulphur fuel
  • Scrubber scrutiny continues as debate among shipowners cools
  • Innovation is the key to solving scrubber debate, say shipowners
  • Seafarer calls on Wallem Ship Management to 'do the right thing' over discrimination case
  • How a female cadet carved out a career after Wallem discrimination
  • Berge Bulk scraps eighth capesize vessel with Bangladesh deal
  • Korea Line eyes expansion through LNG carrier spin-off
  • Coronavirus-free Libya closes all ports from Monday
  • Palmali founder Mubariz Mansimov 'detained' in Turkey
  • AI firm takes naval know-how to commercial shipping market
  • Branson pushes back Virgin Voyages' debut cruise
  • Signal Maritime talks Heidmar and stepping stones to growth
  • Baltic Exchange rejigs working arrangements in response to virus
  • Fincantieri to close Italian yards for two weeks to prevent spread of virus
  • Cruise and ferries curtailed as Denmark shuts its borders

American Shipperweb site
MARCH 16, 2020
  • Crude-tanker stocks plunge as rates hit record highs
    Why are share prices and tanker freight rates going in opposite directions?
  • American shippers want FMC container availability rule published
    "With ongoing challenges posed by the coronavirus, there is real concern about these fees being assessed when there are equipment issues beyond the control of...
  • Cargo handling continues at US ports despite coronavirus spread
    While operations across the country have not been interrupted, visitors should stay away.
  • Union remembering longtime leader with day off
    Some port terminals will be closed Tuesday in honor of Teddy Gleason even though the former ILA president wasn't born on St. Patrick's Day.
  • Dry-bulk derivatives are flashing red on world economy
    Investors appear increasingly worried that the coronavirus will spark a global recession with no quick bounceback.
  • International Longshoremen's Association backs Biden
    ILA leader says presidential candidate has been a longtime friend and supporter of the union.
  • Two dozen overseas entities placed on restrictive US export control list
    The Commerce Department's Bureau of Industry and Security said the 24 companies and individuals added to the Entity List pose a U.S. national security and...
  • How coronavirus could affect supply chain and freight shipping
    Coronavirus has strained supply chains and had a huge impact on the movement of freight.
  • CBP grabs fake shipment of COVID-19 test kits at LAX
    "The American public should be aware of bogus home testing kits for sale either online or in informal direct to consumer settings," U.S. Customs and...

The Bunker Bulletinweb site
MARCH 16, 2020
  • OIL FUTURES: Prices tumble as coronavirus measures slash travel demand
    Petroleum futures continued to tumble Monday, as measures taken to battle the spread of the coronavirus have dramatically reduced travel, slashing demand.
  • Singapore HSFO cash differentials dip as output seen rising after Saudi cuts crude OSP
    Singapore high sulfur fuel oil cash differentials dropped last week on expectations that supply will increase following the cut in Saudi Arabia's official selling prices for crude oil.
  • Singapore MF 0.5%S bunker premium sinks to near four-month low on demand slump
    The Singapore Marine Fuel 0.5%S bunker premium slipped to a near four-month low Friday as demand remained elusive, while suppliers made determined offers to attract buying interest.
  • REFINERY MARGIN TRACKER: Can diesel carry the margins as gasoline demand plummets?
    Falling gasoline demand is pummeling cracking margins across the globe as the precipitous drop in business operations and normal lifestyle due to imposed quarantines from COVID-19 takes its toll on the refining complex, an analysis from S&P Global Platts showed Monday.

›››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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