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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:19 GMT+1
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BRIEFS
October 22, 2020
Exim Indiaweb site
OCTOBER 21, 2020
  • Baltic Exchange expands escrow service
  • ONE's new China-India service to connect Nhava Sheva & Mundra
  • Significant increase seen in long-term contract pricing for ocean freight shipments out of Asia from Q4
  • Export of passenger vehicles down
  • Gold, silver imports plunge
  • Implementation of QR code-based Sampling Solution at JNCH
  • APM Terminals increases number of terminals providing data via APIs
  • Capt. T. Srinivas takes charge as Deputy Conservator of Visakhapatnam Port Trust
  • Update on maximum permissible draught at Mumbai Port
  • Shortage of containers hurting exporters
  • FDI inflow on a high this fiscal
  • India offers huge unexplored potential for global exporters: Study
  • Recession not as bad as initially feared
  • China's exports & imports up in Sept.
  • Construction of two export-oriented integrated food processing units begins in Sikkim

International Transport Journalweb site
  • UK/Europe: unaccompanied trailer service started
  • Road transport on the uptick in Europe
  • 8.8% decline in Rotterdam
  • Maritime law specialist returns to Europe
  • Distribution in Paris to become greener
  • Almost 100 direct Turkish Cargo connections
  • Expansion in China
  • Moving within Maersk
  • Forwarder invests in Finland-to-Baltics haulier
  • More international destinations via Pamyra
  • A new option for Etihad pharma transports
  • Haropaports acts upon greenhouse gas
  • Úbeda becomes SEUR's financial director
  • Measures urgently required for green re-start
  • Two newbuilds for Grimaldi
  • New and old in Middlesbrough
  • "Curiosity of the Day"
  • No "aloha" for freight from next month

The Loadstarweb site
OCTOBER 21, 2020
  • Atlas Air and high-flying rivals asked to return US taxpayers' Covid cash
  • Europe's forwarders and hauliers angry at lack of guidance for post-Brexit trade
  • Carriers boost capacity on the transatlantic to keep pace with demand
  • Bangladesh air freight 'mega-screwed' as customs scanners break down again
  • Botched digital customs clearance no help to congestion-hit trade in India
  • A new era as online traffic management platforms drive logistics
  • New Cathay Pacific restructure to cut cash burn will see 6,500 staff go
  • Supply chain radar: Nikola, Tesla et al - tell me sweet little lies

Marine Logweb site
OCTOBER 21, 2020
  • Kinder Morgan reports third quarter results
    In its just released third quarter report, pipeline giant and terminal operator Kinder Morgan Inc. (NYSE: KMI) reported third quarter net income of $455 million, compared to $506 million in the third
  • VIDEO: First VLGC to be retrofitted to LPG fueling marks milestone
    Singapore-headquartered BW LPG reports that its Very Large Gas Carrier (VLGC) BW Gemini has started a week-long series of sea and gas trials. The ship is the first VLGC to be retrofitted
  • Danish consortium puts ammonia-fueled engine on fast track
    A commercially viable, zero-carbon, ammonia-fueled marine two-stroke engine could be a reality by as soon as 2024. That is the aim of the AEngine project, a consortium set up with the support
  • FMC Commissioner Sola: Canceled cruise season hitting Alaska hard
    Considered on a per capita basis, there may not be another state in the nation paying as high a cost from passenger ships not sailing as Alaska. That is one of the

Lloyd's Listweb site
OCTOBER 21, 2020
  • The Lloyd's List Podcast: The future of the ballast water market
    Listen to a special edition podcast produced in association with Hyde Marine that examines the state of play with the...
  • Shipping groups plan 'virus testing hotels' in Manila for crews
    Trade groups representing maritime employers and seafarers will run hotels in Manila after concerns that possible gaps in the Philippines' testing...
  • Laskaridis says Greek shipping must change 'for good and forever'
    The former president of the European Community Shipowners' Association once again rejects the EU's efforts to impose emissions regulations. However...
  • Operation planned to transfer cargo from listing floating storage unit
    The 1993-built Panama-flagged tanker Icaro appears to be heading to the stricken floating storage unit Nabarima, which is laden with...
  • QTerminals buys Turkish port from GPH
    Chief executive Bissett hails deal as starting point for company's strategic expansion into Turkey
  • Weekly briefing: Peak season extension; pessimism for tanker rates
    China's Golden Week is the usual cut-off point for the boxship peak season but with the volumes exported continuing to...
  • DNK to return entire decade's premiums
    Move designed to boost cashflow in coronavirus pandemic has evidently been made possible by the level of DNK's solvency capital...
  • Decarbonising shipping 'must be commercially viable'
    Shipping has passed a point of no return on transitioning from fossil fuels to zero-carbon alternatives. Now industry experts are...
  • Dangerous cargo link to fatal boxship fire, say investigators
    A dangerous compound capable of self-igniting was stored under the deck, where inappropriate firefighting measures were available in the event...
  • Marshall Islands adds voice to IMO decarbonisation backlash
    The flag state nation has criticised an IMO proposal for a short-term greenhouse gas measure being developed this week as...
  • Yard Talk | Shipbuilders vie for MSC ultra large boxship order
    It remains to be seen how China's shipbuilders will collaborate with compatriot leasing lenders to consummate the deals
  • Lloyd's List 2020 Awards: Update
    Due to the pandemic and changing public health restrictions imposed in the UK and abroad, we have taken the difficult...
  • Daily Briefing
    Free to read: Skuld head predicts club consolidation in next five years | China's imports of Malaysian diluted bitumen face...
  • Thailand slows spot LNG purchases as coronavirus hits demand
    Private power producers in Thailand that were handed licences to import LNG under a recently liberalised policy will have to...
  • Singapore gas giants favouring dual-fuel LPG carriers
    Eastern Pacific Shipping has agreed to exercise an option for another dual-fuel LPG vessel, while BW LPG has initiated a...
  • Japan Inc pulls out of Australia's first regasification project
    JERA and Marubeni remain open to exploring LNG tie-ups with the Port Kembla project, Squadron Energy said. The key project...
  • US accuses Russians for malware linked to cyber attack on Maersk
    The US Department of Justice has charged six Russian nationals in connection with a series of cyber attacks, including the...

The Journal of Commerceweb site
OCTOBER 21, 2020
  • JOC Rankings: COVID-19 drags down US resin export growth
  • UP raises Seattle surcharge to $1,000 for small shippers
  • European inland hub boosts rail container trade from China
  • China's rebounding economy gives volume relief to key European ports
  • Forager unveils margin transparency on cross-border moves

TradeWindsweb site
OCTOBER 21, 2020
  • US sailing will not resume next month, analysts predict
  • CEO Myochin explains how K Line is adapting to pandemic pressures
  • Seajets buys two more ex-CMV cruiseships at auction but has no plan for them
  • Shipowners can play Covid-19 card on EU's new hazardous materials rules
  • Charterers need to support owners in shift to greener fuels
  • Scorpio Bulkers sells seventh vessel as transition to wind continues
  • Blacklisted aframax heads to Venezuelan FSO for lightering operation
  • Are jobs on some ships 'not for ladies'? Shipowners trade ideas on women at sea
  • Kalogiratos: Shipping 'dropped the ball' on crewing crisis
  • Safe Bulkers orders kamsarmax that will be 'one of the best vessels out there'
  • Swan Hellenic puts faith in cruiseship future with new order
  • Navig8 expects 'wave of tanker scrapping' around the corner
  • EU's emissions trading scheme is 'tax collecting measure'
  • Recruitment change needed to draw women to bunker sector, research finds
  • Zodiac Maritime homes in on neo-panamax boxship newbuildings
  • Color Line and Fjord Line laying up ropaxes as more jobs axed
  • US charges six Russians over NotPetya attack that crippled Maersk
  • Team Tankers linked to effort to sell more former Laurin ships
  • Hill Dickinson brings in Wikborg Rein Singapore chief Ian Teare
  • V Group takes over Costamare's Chinese operation in 41-ship deal
  • No compelling reason for increase in P&I club rates, says Marsh JLT
  • Can new Lloyd's Register head Nick Brown deliver a green vision?
  • Shipping's great expos have space to reinvent and reimagine their role
  • Seaspan seals boxship sector's first green financing in $200m deal
  • Japan carries out first LNG ship-to-ship bunkering operation
  • BW LPG claims world first as retrofitted VLGC runs on gas
  • Nigeria LNG approaches owners about teaming up on new vessels
  • Greeks buy bulkers, sell tankers in S&P carousel
  • Pacific Drilling fails in bid to get Zonda arbitration decision overturned
  • Marubeni and JERA pull-out of Australian FSRU LNG import project
  • US military ties-up commercial tanker trio at healthy rates
  • Unpaid crew of hijacked tanker unable to work three months after ordeal
  • Gearbulk closes in on deal with Japanese to lower charter rates
  • Seacon Shipping linked to bulker buy as capesize drive continues

American Shipperweb site
OCTOBER 21, 2020
  • E-commerce gives ship to shore new meaning
    JAXPORT is there to help as consumers shift from a shop-till-you-drop mentality to a shop-till-it-drops reality.
  • Why crude-tanker collapse could be long and painful
    New Kpler data reveals slow pace of floating-storage unwind and steady fall in crude-tanker utilization.
  • FMC grants temporary tariff publication relief to CMA CGM
    The carrier sought relief from commission regulations earlier this month as part of its efforts to recover from a crippling cyberattack in late September.
  • House Democrats try to claw back COVID aid from cargo airlines
    Air cargo companies are raking in revenues this year. It might be a bad time to ask for a handout from the government.
  • Ports of Seattle, Tacoma ride retail replenishment wave
    Auto volumes are still down 25% year-over-year and closed West Seattle Bridge remains a barrier.
  • World Shipping Council stays in step with Shipping Act
    The ocean container industry association files an agreement with the U.S. Federal Maritime Commission to ensure its collective activities do not violate the Shipping Act.
  • Port of Brownsville wins grant to expand grain exports
    The Port of Brownsville recently received a $14.5 million grant to expand and upgrade the port's 3 million-bushel grain elevator, including rail and road improvements.
  • Container return date upheaval by the numbers
    The Agriculture Transportation Coalition, together with TradeLanes, surveys hundreds of American shippers about the cost to their bottom lines of uncommunicated earliest return dates from...
  • Why the A321 converted freighter looks like a hot ticket (with video)
    (Updated Oct. 20, 2020, 1 P.M. ET, with latest on Sine Draco Aviation) Questions about whether the new Airbus A321 converted freighter could generate orders...
  • Digitization advocate says time for port call optimization is now
    Port Call Data Definitions guide is available for free download.

The Bunker Bulletinweb site
OCTOBER 21, 2020
  • JAPAN DATA: Oct. 11-17 oil product exports surge 42.6% to 1.90 mil barrels
    Japan's oil product exports surged 42.6% week on week to 1.90 million barrels over Oct. 11-17 due mainly to higher fuel oil exports, according to data released Oct. 21 by the Petroleum Association of Japan.
  • Brazil's Petrobras boosts Q3 refinery output on ULSD, bunker demand
    Petrobras boosted third-quarter refinery output by 6.6% year on year amid strong demand for low sulfur products like ultra low sulfur diesel and bunker fuel that meets the International Maritime Organization's 2020 mandate, according to the company's third quarter production and sales report, released Oct. 20.
  • Brazil's Petrobras Q3 refined product sales down 1.5% on year
    Brazilian state-led oil company Petrobras registered a 1.5% year-on-year decline in refined product sales in the third quarter, opting to move more excess barrels of crude and products into global export markets despite signs of a growing recovery in domestic demand, according to the company's latest production and sales report released Oct. 20.
  • OIL FUTURES: RBOB plunges 4% as US gasoline demand tests four-month lows
    NYMEX RBOB futures settled sharply lower Oct. 21 after US Energy Information Administration data showed a slowdown in gasoline demand led to an unexpected inventory build last week.
  • Fujairah port's throughput returns to 'normal' after COVID-19 hit
    **Port looking at reporting bunker numbers **Throughput hit record high in February 2020 **LNG an area for expansion: ENOC's Horizon
  • DUTCH DATA: Rotterdam port reports lower crude, products throughput on coronavirus
    **Iron ore, scrap throughput plunges on lower steel output **Coal throughput falls on power sector's move to renewables, gas
  • FUJAIRAH DATA: Oil products stockpiles end longest slump on record
    Stockpiles in Fujairah as of Oct. 19 stood at 20.339 million barrels, up 3.3% from a week earlier and the first increase in eight weeks.
  • Singapore physical gasoil crack falls below $3/b on prolonged weak demand, poor outlook
    The physical gasoil crack was last assessed below $3/b on Oct. 1 at $2.84/b and was last assessed lower on Sept. 29 at $2.33/b.
  • BW LPG launches week-long sea, gas trials for world's first LPG-fueled VLGC
    BW Gemini is the first of 12 VLGCs it has committed to retrofit with LPG dual-fuel propulsion engines at the Chinese shipyard.
  • High cargo costs to keep China delivered marine fuel 0.5%S premiums elevated: sources
    "We expect prices to remain stubbornly high in the next few months, as cargo costs have risen," a Zhoushan based supplier said.
  • Limited deals for Q4 S Korean marine fuel 0.5%S term contracts: sources
    "There are very few contract levels for Q4, [most people are trading] only [on] spot as prices are higher," a trader said.
  • Singapore suspends OBS' bunkering licenses after Hin Leong debacle
    MPA has suspended OBS' bunkering licenses until further notice, a MPA spokesperson said.
  • Narrow east-west spread to keep Nov LSFO arbitrage to Singapore low: traders
    Singapore is expected to receive 1.5 million-2 million mt of low sulfur fuel oil from the West in November,traders said.

›››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%)
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
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
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