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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
14:02 GMT+1
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BRIEFS
July 23, 2020
Sched Netweb site
  • K+N's first-half earnings and net profit decline on coronavirus crisis
  • Governments shifting their positions on crew changes after IMO summit
  • Floods in China disrupt Yangtze River cargo flow
  • Box ship demolition increases, but scrap prices have fallen 25pc this year
  • Ironing out bugs in post-Brexit UK-EU software looms as concern
  • CONCOR announces a first quarter profit decline of 21pc US$4.6 billion
  • HAECO removes seats from B777s for Cathay to operate cargo flights
  • Extension of airline payroll aid sought by unions, and Congressmen
  • Jana Schebera appointed Tigers new MD for China

Exim Indiaweb site
JULY 22, 2020
  • A. P. Moller-Maersk among companies in initiative to accelerate transition to net zero global economy
  • Coronavirus crisis seen endangering long-term safety improvements in shipping industry
  • GAC inks agreement to acquire container logistics business of Ahlers Singapore
  • SOPs issued for repatriation of foreign seafarers from country's ports
  • Crowd sourcing of suggestions for review of existing Customs duty exemption notifications/Customs laws & procedures
  • Quantity of sugar for export to EU under CXL quota allocated
  • APM Terminals Pipavav celebrates World Youth Skills Day 2020
  • APSEZ becomes first Indian port to sign up for Science Based Targets Initiative to reduce emissions
  • Cochin Port not allowing crew change of foreigners at outer anchorage
  • FDI from the US to India seen on the rise
  • Manufacturers looking to reduce import dependency as quarterly survey reveals decline
  • Should digitally delivered products be exempted from Customs duties?

International Transport Journalweb site
  • From top to toe

The Loadstarweb site
JULY 22, 2020
  • Scrubber fittings plummet as cost advantage is mitigated by low fuel price
  • Latest freighter fire prompts new questions on lithium battery safety
  • Hijacks, riots and rising costs - road freight in South Africa is 'on its knees'
  • Booming intra-Asia trade pushes carriers to launch more services
  • Qatar Airways in legal bid for compensation over 'illegal' four-nation blockade
  • Wary US perishables shippers eye domestic markets to minimise risk
  • Ethiopian Airlines 777 freighter catches fire in Shanghai
  • Supply chain radar: Outsourcing Logistics - a fling or marriage?

Marine Logweb site
JULY 22, 2020
  • ProZero participates in EU funded short sea shipping project
    Danish workboat producer ProZero International reports that it is one of the participants in an EU funded project called MOSES that aims to increase the short sea shipping component of the European
  • VIDEO: Kanfer and CGR cooperate on liquid methane bunkering vessel
    Norway's Kanfer Shipping AS has reached a licensing and development agreement to market a liquid methane bunkering vessel (LMBV) design developed by another Norway-based company, CGR Arctic Marine. According to Kanfer, the
  • MAN Energy Solutions to make massive job cuts
    Preparing for "a prolonged period of stagnant sales as a result of the COVID-19 pandemic," the executive board of MAN Energy Solutions is launching what it calls a comprehensive program to ensure
  • ABS to class first West Coast LNG bunkering ATB
    ABS is to class the 4,000 cu.m. LNG bunkering barge that Cryopeak LNG Solutions Corporation and Island Tug & Barge Ltd. plan to operate on the North American west coast from 2023
  • House passes NDAA that bundles in significant maritime provisions
    H.R. 6395, the William M. (Mac) Thornberry National Defense Authorization Act for FY2021, was passed by the House yesterday by a vote of 295 to 125. Like many complex pieces of legislation,
  • Huntington Ingalls makes strategic equity investment in Sea Machines Robotics
    Boston-based Sea Machines Robotics, a leading developer of autonomous systems for ocean-going vessels and workboats, reports that it has closed a new $15 million financing round with significant participation by Huntington Ingalls
  • Schottel introduces new medium-sized azimuth thrusters
    Spay, Germany, based propulsion specialist Schottel has delivered the first units of a new series of medium-sized azimuth thrusters. The M-series consists of several rudder propeller sizes covering a power range of

Lloyd's Listweb site
JULY 22, 2020
  • Seafarers disembark after months trapped on vessel
    Some three-quarters of crew changes on the world's international fleet of 50,000-plus ships have not gone ahead since the global...
  • Weekly briefing: Mixed signs for containers market, US gets new crude terminal
    Poor box throughput figures at US west coast ports continued last month but there are signs carriers are gradually...
  • Wilhelmsen deal with MPC may be a paradigm shift for Hamburg
    The deal makes immediate sense for MPC, but could it prove the catalyst for something bigger?
  • Volatility likely to remain in dry bulk
    While the demand side is looking robust, the supply of vessels looks tight, Breakwave says
  • Low-carbon pioneers compete for stake in untapped market
    A new study by Blue Insight found there more than 40 projects and organisations pushing to gain a foothold in...
  • New shipping group link to newbuilding MR tankers
    The vessels are expected to be delivered in the third quarter of next year
  • Low fuel prices push up scrubber payback periods
    Carriers are still benefiting from lower bunker costs despite closing spread for low-sulphur fuel
  • Daily Briefing
    Free to read: Stranded seafarers make direct appeal for more action on crew changes | Is shipping to blame for...
  • Lender moves against Hin Leong's vessel-owning affiliates
    The bank pointed to the fact that Hin Leong founder OK Lim had admitted to improper financial reporting for several...
  • Singapore sees rising cases of coronavirus-infected crew
    All parties have been urged to adhere to MPA's crew change regulations because any non-compliance may result in any or...
  • Evergreen told to improve stowage after cargo loss
    Combination of factors resulted in a loss of integrity for the whole deck cargo bay
  • Cosco sets up tanker unit in Hainan to support national strategy
    CSET says the arrangement is an important step for the company in implementing the national maritime strategy to turn Hainan...
  • Port of Charleston expects uptick in throughput from new Walmart facility
    The new distribution centre is the latest development in Walmart's 20-year-old 'four-corner' strategy that entails using multiple ports on the...
  • US retailers urge national mask policy to boost demand
    The decline in retail sales has had a clearly negative effect on container shipping, according to Hapag-Lloyd chief executive Rolf...

The Journal of Commerceweb site
JULY 22, 2020
  • Maersk to levy manual change fees in September
  • Blue Yonder nudges into warehouse robotics integration picture
  • COVID-19 accelerates Indian container trade digitalization
  • Time to review carrier block exemption: shipper groups
  • Two FMC commissioners want closer review of blank sailing monitoring
  • Pacific Northwest ports expect Q3 volume rebound

TradeWindsweb site
JULY 22, 2020
  • South African court to sell Tulshyan-owned MPP at auction
  • Princess Cruises extends lay-ups on some ships to mid-December
  • SAM Shipping bulkers get auction dates
  • Low-profile bidder scores decisive victory in containership auction
  • Carsten Mortensen's Dee4 orders up to four MR tankers
  • Shareholders pull Frangou into Navios Containers lawsuit
  • DP World linked to bid for Shreyas Shipping and Logistics
  • Singapore cracks down on agencies after 'tampered' Covid-19 tests emerge
  • BHP shipped 11% more iron ore in second quarter

American Shipperweb site
JULY 22, 2020
  • Shipping stock pickers turn down the volume - way down
    An analysis of daily traded values and volumes of tanker and dry bulk stocks.
  • Maersk on board journey to zero emissions
    World's largest container shipping line is "committed to a carbon-neutral future of transport and logistics."
  • Fire extinguished on Ethiopian Airlines freighter at Shanghai airport
    An Ethiopian Airlines plane suffers extensive damage in a fire at Shanghai Pudong airport.
  • Amazon plans new facility in El Paso, brings 700 jobs
    Amazon will offer a minimum starting wage of $15 per hour in El Paso
  • LATAM lands Brazil's last COVID-19 emergency air bridge flight
    Latin American airline mobilized five Boeing 777 passenger planes to move 1,200 tons of N95 masks on board 39 cargo-only flights from China to São...

The Bunker Bulletinweb site
JULY 22, 2020
  • Global mobility flatlines as fears over rising COVID-19 infections escalate
    Energy demand indicators in the world's biggest oil-consuming countries suggest the economic recovery from the COVID-19 pandemic is flatlining, and in some cases retreating, amid growing concern over an acceleration in infections globaly.
  • Venezuela's diesel suppliers urge US not to block the shipments crucial to power supply
    Suppliers of Venezuela's diesel imports are working to head off any attempts by the Trump administration to block their diesel-for-crude swaps, arguing the still-allowed shipments are crucial for humanitarian purposes like power generation and agriculture.
  • Brazil's Petrobras Q2 refinery output slides 7% on year: report
    Brazilian state-led oil producer and refiner Petrobras registered a 7% year-on-year decline in refinery output in the second quarter, despite signs of a gradual recovery that lifted refinery capacity utilization rates to return to pre-pandemic levels in June.
  • Tropical Storm Gonzalo forms in Caribbean, could reach hurricane strength by Thu
    Tropical Depression seven was upgraded to Tropical Storm Gonzalo early July 22 as the storm's wind speed picked up to 75 miles an hour, and expectations are for it to reach hurricane status by Thursday, according to the National Hurricane Center data.
  • OIL FUTURES: RBOB climbs from morning lows; crude lower following US build
    Prompt NYMEX RBOB futures climbed from early session lows midmorning July 22 after US Energy Information Administration data showed a decline in US gasoline inventories, but rising US crude inventories and flagging refined product demand held the oil complex in the red.
  • S Korean bunker fuel suppliers ink Q3 term contracts at $15-$20/mt discount
    Term contracts for the supply of marine fuel 0.5%S at the main South Korean ports of Yeosu, Busan and Ulsan for the third-quarter concluded at between $15-$20/mt discount to the Mean of Platts Singapore Gasoil 10 ppm assessments, market sources said July 22.
  • Brazil's Petrobras Q2 refined product sales sink 14.2% on year
    Brazilian state-led oil company Petrobras registered a 14.2% year-on-year tumble in refined-product sales during the second quarter, but also reported signs of a nascent recovery in Latin America's biggest market, according to the company's latest production and sales report.
  • Crude edges lower as US stimulus hopes offset US-China tensions
    Markets were balancing bearish US inventory report showing crude stockpiles, production both up week ended July 17.
  • Singapore fuel oil narrowing contango may force traders to short stocks: sources
    "VLCC rates have dropped, and storing costs are getting lower. But the current contango does not make economic sense," said a trader.
  • Singapore Aug ex-wharf marine fuel term contracts settle lower on sluggish demand
    "There were slightly more inquiries for [Singapore-delivered marine fuel 0.5%S] this week because crude oil price went up," a trader said.
  • FUJAIRAH DATA: Stocks drop after Saudi prince warns of power demand pickup
    Inventories stood at 25.342 million barrels, down 5.7% on the week and the lowest since April 27, according to data released July 22.
  • Bangladesh begins importing 0.005% sulfur gasoil as climate action looms
    BPC will import around 4.5 million mt of 0.005% sulfur gasoil annually to meet domestic demand, Hasan said.
  • North Asia high sulfur bunker fuel demand jumps in July as more ships install scrubbers: traders
    Supply of the grade was tight in Hong Kong as scrubber-installed ships have been taking big stems.

›››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%)
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
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
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
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