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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:53 GMT+1
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BRIEFS
August 17, 2020
Sched Netweb site
  • A-E down 1.4pc to $907/TEU, USWC up 0.7pc to $2,794/FEU
  • HK Competition Commission okays box shops' Seaport Alliance plan
  • Beirut box trade is back, terminals not badly damaged as feared
  • CMA CGM levies Asia-Med area rate increases from September
  • Korean shipping begins to recover from five years of financial crisis
  • SC Ports steady freight movements minimises full-year volume drop
  • US-China trade deal in 'fine' shape, White House's Kudlow says
  • Covid to stifle container port investment, to reduce expansion 40pc
  • China Shipping Group and Beijing to cooperate on smart ship technology
  • Aeronautical Engineers name HAECO Xiamen as its conversion centre
  • Cargo volumes at Brussels Airport surge 9.9pc for second straight month
  • Oman Air posts massive second quarter increase in cargo charters

Exim Indiaweb site
AUGUST 16, 2020
  • Bahri takes another step to accelerate digital transformation & facilitate electronic billing & payment processes
  • NYK Line in joint R&D agreement for commercialisation of ammonia-fuelled ammonia gas carrier
  • Sharp drop in inactive capacity seen
  • THE Alliance announces Covid-19 response measures for September 2020
  • Yang Ming generates positive Q2 operating profit in container transport business
  • Beirut port resumes operation
  • Shipping Ministry reduces port tariff rates ranging from 60 pc to 70 pc for cruise vessels
  • FFFAI's IIFF launches online Diploma Course in Logistics / Shipping & Freight Forwarding
  • Proposed National Logistics Policy aims to build a modern, cost-efficient & resilient logistics sector
  • Fundamental shifts in trade relationships & global supply chain in the offing due to Covid: Moody's
  • Possible increases to trade costs due to Covid-19 disruptions projected
  • India to fund GMCP to revitalise the Maldivian economy, linking Male with Gulhifalhu Port

International Transport Journalweb site
  • Far-reaching newcomer from Moldova
  • Transporting hydrogen better by rail than by lorry
  • Cargologic replaces managing director
  • Maritime arbitration - a centred business
  • Pall-Ex acquires Fortec
  • Kaliningrad to become east-west gateway
  • WFS again bigger in Brussels
  • Successful apprentices at Acito Logistics
  • CDCI selects Agility Logistics Park in Abidjan
  • Hapag-Lloyd weathers H1 well
  • North American main-deck providers post excellent results
  • City transports without emissions in Norway
  • US Transworld Logistics wins award
  • Multi-user facility in Moosburg
  • "Curiosity of the Day"
  • China rail service now direct to UK regions
  • Colombian cargo carrier to take off today
  • Weekly Tarros Line East Med service

The Loadstarweb site
AUGUST 14, 2020
  • Demand driving transpacific prices sky high, with Asia-Europe benefiting too
  • Solid half-year result, 'but don't let's get carried away', says Hapag-Lloyd chief
  • Yang Ming box business sails into black, but ailing bulk unit sinks group profits
  • Shippers kick back at 'empty promises' from Hong Kong Seaport Alliance
  • Pharma sector looks to raise the bar on sustainable supply chains
  • Boom! calls on supply chain professionals to help evaluate career prospects
  • Shipping laws that could have averted two catastrophes
  • Analysis: Hapag-Lloyd's interims set high bar for Maersk, forwarders grow wary

Marine Logweb site
AUGUST 14, 2020
  • Singapore issues circular on ISM Code cyber risk requirements
    The deadline for ship operators to include cyber risk management into ships' safety management systems (SMS) is getting nearer. A shipping circular released yesterday by the Maritime and Port Authority of Singapore
  • Armstrong Marine launches 28-passenger Naiad RHIB
    Port Angeles, Wash.-based Armstrong Marine USA Inc. launched the 11.3- by 4.2-meter Naiad RHIB, Bay Voyager II, in late July. Successful builder's sea trials in Port Angeles indicate a cruise speed of
  • Houlder to advise on design and build of Irish Sea battery hybrid RoPax
    The Isle of Man Steam Packet Company (IoMSPC) has awarded London-headquartered design and engineering consultancy Houlder a contract to act as technical advisor on the design and build of a new battery-hybrid
  • U.S. successfully seizes Venezuela-bound Iranian fuel from four tankers
    The U.S. Justice Department today reported the successful disruption of a multimillion dollar fuel shipment by the Islamic Revolutionary Guard Corps (IRGC), a designated foreign terrorist organization, that was bound for Venezuela.
  • July was best month this year for Port of LA
    In what could be a hopeful indication of a recovery in transpacific trade, North America's leading seaport by container volume and cargo value, the Port of Los Angeles, reports that it moved
  • Boston Ship Repair wins $16.5 million MSC contract
    Boston Ship Repair LLC, Boston, Mass., has been awarded a $16,567,594 firm-fixed-price contract (N3220520C4002) for a 64-calendar day shipyard availability for the mid-term availability of the fleet replenishment oiler USNS Walter S.

Lloyd's Listweb site
AUGUST 14, 2020
  • The Lloyd's List Podcast: The shipping story behind the Beirut explosion
    In this week's podcast, we reveal the full story of the Moldovan-flag bulk carrier, the Rhosus, which in 2013 arrived...
  • Crew quarantine costs not covered by P&I
    P&I Clubs have different approaches about the issue of whether shipowners can claim for escalating crew quarantine costs
  • Okeanis secures new Korean loan as profits soar
    Owner says that last month it received a firm commitment for a secured loan facility for $103m from the Export-Import...
  • Hin Leong shipowning affiliates placed under court supervision
    The Xihe entities placed under judicial management hold five of a 136-strong fleet owned by the family of Hin Leong's...
  • EnTrust gains independence after reacquiring Legg Mason interest
    Asset manager EnTrust Global - which has involvement in ship finance through its $1.5bn Blue Ocean funds - has regained full independence...
  • LNG backers say methane can be managed
    The industry is working on less-polluting engines and cannot wait another 10-15 years for a greener alternative to LNG as...
  • The week in charts: Port congestion maintains floating storage; transpacific rates surge
    High levels of port congestion in China is keeping floating storage at an elevated level, carriers are being questioned by...
  • UK Club is back in black, but combined ratio hits 120%
    The London-based marine mutual has issued its 2020 financial statement, detailing its underwriting outcome, free reserves, entered tonnage and claims...
  • US seizes Iranian gasoline on Greek-owned tankers
    Unverified reports that cargoes were shifted through ship-to-ship transfers from the four original tankers into two other vessels bound for...
  • Pandemic impact 'definitely not over,' says Hapag-Lloyd chief
    Container lines will need to continue to manage capacity to keep costs down but be prepared to reintroduce services to...
  • Hapag-Lloyd profit almost doubles despite downturn
    German carrier reports a 'good first half' despite the pandemic, but warns that uncertainties remain for the rest of the...
  • Daily Briefing
    Free to read: Tankers de-flagged for using Iranian sanctions-busting tactic | Greek manager confirms vessel boarded by Iranian forces |...
  • MISC second-quarter net profit drops 25% on impairments
    The second half of the year will be tough for all segments as the effects of the coronavirus backdrop continue...
  • Nigeria convicts pirates under new law, but doubts over enforcement remain
    Sources says fines for piracy are a step in the right direction but Nigeria must co-ordinate its response if it...

The Journal of Commerceweb site
AUGUST 14, 2020
  • July import surge overwhelms Southern California supply chain
  • For-hire trucking on a long-term growth track: SJ Consulting
  • Federal intervention seen as most viable way to end Montreal port strike
  • Yang Ming cuts losses despite sharp drop in Q2 volume
  • Logistics technology reshapes trade finance for shippers, suppliers
  • Hapag-Lloyd shrugs off COVID-19 impact with surging Q2 profit

TradeWindsweb site
AUGUST 14, 2020
  • Greeks expand and renew fleets in summer handysize bulker moves
  • New Shipping buys yet another VLCC from MOL as prices cool
  • Okeanis dividend 'handsome' - but the last until 2022?
  • London maintains arbitration dominance with 80% global share
  • Venezuela sanctions: US seizes Iranian gasoline aboard four Greek-linked tankers
  • Golar LNG Partners floats new hub concept for its FSRUs
  • Noble Group down to last ship as post-panamax sold
  • Storied Singapore tanker owner and oil trader OK Lim charged with fraud
  • Eastern Pacific welcomes new Sammy Ofer scholars via video
  • Hapag-Lloyd reports better than expected earnings despite impact of Covid-19
  • London maintains arbitration dominance with 80% global share
  • Venezuela sanctions: US seizes Iranian gasoline aboard four Greek-linked tankers
  • Golar LNG Partners floats new hub concept for its FSRUs
  • Noble Group down to last ship as post-panamax sold
  • Storied Singapore tanker owner and oil trader OK Lim charged with fraud
  • Eastern Pacific welcomes new Sammy Ofer scholars via video
  • Hapag-Lloyd reports better than expected earnings despite impact of Covid-19
  • Robbers target vessels off Indonesian island of Bintan
  • Birthday party Wi-Fi diversion probed as cause of Mauritius grounding
  • Yang Ming to return all chartered bulkers after impairment hit
  • M&M Bank warns bulker and boxship loan quality 'deteriorating'
  • Zolotas scores major victory as Cyprus bribery case is dropped
  • Boxships overtake tankers in scrubber retrofit race
  • Navigator claims ethylene cargo record as it returns to profit
  • Meyer Turku axes first 166 jobs in pandemic crisis
  • Okeanis taps Korean lenders for $103m as it fixes new suezmaxes
  • Elite Tankships grows freight book with two chartered product tankers
  • Thoresen Shipping profit down 29% on Covid-19 fallout
  • Xihe Holdings and four SPVs placed under court supervision
  • US upgrades Chinese soyabean import forecast in boost for bulkers
  • Pioneer Marine offloads one handysize, as previous deal falls through

American Shipperweb site
AUGUST 14, 2020
  • Yang Ming's Q2 strong but not strong enough
    Taiwanese carrier's dry bulk business takes a beating.
  • Hormuz tanker risk rises after US seizes Iranian cargoes
    Will Iran retaliate after America commandeers four Iranian gasoline shipments?
  • Delta Air Lines cabins to go naked
    Delta Air Lines is stripping - seats that is. Removing seats from passenger aircraft adds capacity for lucrative cargo.
  • FreightWaves Flashback 1957: Great Southern on Piggy-Back
    1957: Great Southern Trucking Company trailers have started a regularly scheduled run between Jacksonville and Miami on railway flat cars.
  • Hapag-Lloyd profit swells despite shrinking volumes
    The coronavirus pandemic remains a "major source of uncertainty for the entire logistics industry."
  • Exclusive: Largest airline trade association to reduce workforce 20%
    The International Air Transport Association is preparing to eliminate about 400 jobs as airlines pinch pennies because of the coronavirus pandemic.
  • How Air Canada beat US airlines removing seats for cargo
    There was a marked difference in how Canada and the U.S. reacted to the opportunity of transforming passenger aircraft into twin-deck freighters by removing the...

The Bunker Bulletinweb site
AUGUST 14, 2020
  • Hapag-Lloyd's Q2 container volumes fall 11% on year
    Hapag-Lloyd's total container volumes declined 3.53% on the year to 5.755 million TEU during H1 2020.
  • FEATURE: Seafarers stranded at sea as pandemic upends global shipping markets
    "What can be done today, does not mean that it can be done next week, too," said a shipping source.
  • IMO 2020 transition smoother than expected: Bunker One
    "The industry experienced basically no claims in late 2019 and early 2020," Steffen Kortegard said.
  • Container ships overtake crude oil tankers as most scrubber-fitted sector: BIMCO
    The uptake of SOx scrubbers is more popular for VLCCs, Capesizes and Ultra large container ships, BIMCO said.
  • Singapore bunker fuel faces TSP-related stability issues but impact limited: sources
    Fuels with high sediments can result in excessive sludge deposition in tanks
  • Malaysia's MISC sees limited impact from COVID-19 on LNG business segment
    Operations at the yard in Pasir Gudang were suspended effective March 23 to comply with Malaysia's movement control order.

›››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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