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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:01 GMT+1
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BRIEFS
August 27, 2020
Exim Indiaweb site
AUGUST 26, 2020
  • CCFI inches up
  • Ocean freight rates on Asia-Europe trade surge but seen vulnerable
  • OOCL announces new China Straits Service 1 & 2
  • Per Øivind Rosmo named new CFO of Höegh Autoliners
  • SCI to start direct service linking Kochi & Tuticorin with Male (Maldives) in Sept.
  • World's 1st large container vessel powered by LNG completed
  • Govt mulls increasing Customs duty on formulations, agrochemicals, pesticides
  • ICES Advisory 10/2020 (Project Imports) - Option to debit duty through Duty Scrip for Project Imports Bills of Entry
  • Multiple levies to be considered while fixing RoDTEP rates
  • TT Club invests in app to help hauliers & drivers
  • Export Preparedness Index 2020 released
  • US yet to respond to India's suggestion of inking mini trade deal
  • Allcargo Logistics supports 25 life-saving free-of-cost heart surgeries for underprivileged children
  • Benefits of digitisation in the supply chain

International Transport Journalweb site
  • New shuttle links Ural with the Far East regions
  • From Unesco to the ministry of transport
  • Optimised network with a new facility in Hesse
  • Medway opens logistics platform
  • Enhancing BMT in Algeria
  • Lynn Houston Moore promoted to CEO of HJI
  • Another TIR corridor launched in Asia
  • Damco's BR programme supports Lebanon team
  • Biggest blueberry season threatened by Covid-19
  • TTI Algeciras to change hands
  • Aries Worldwide Logistics appoints first-ever CCO
  • "Curiosity of the Day"
  • Cool chain for Ethiopia
  • Italian Brenner extension takes shape
  • LGI uses cloud service at LIS
  • GTA Dnata to begin operations in Vancouver
  • First freighter for Tierra del Fuego-based airline

The Loadstarweb site
AUGUST 26, 2020
  • Idle boxship fleet below 1m teu for first time this year as charter market rises
  • Growth in air cargo market driving rising demand for B737 conversions
  • Samskip relaunches Amsterdam-Hull as demand for multimodal services rises
  • Swiss investors unveil futuristic plan for sending cargo underground
  • Remaining Virgin Atlantic creditors back £1.2bn rescue plan
  • On the wires: The IPO binge - ZIM, the next Ceva, a precursor for CMA CGM
  • Lockdown DIY online buying boom will continue post-Covid
  • Covid-19 radar: Is just-in-time out of time?

Marine Logweb site
AUGUST 26, 2020
  • New turn-key service supports shipowner lay up requirements
    London-headquartered survival and safety solutions specialist Survitec is now offering a service aimed at ensuring CO2 low pressure (LP) firefighting systems are correctly deactivated when ships enter lay-up. The turn-key CO2 LP
  • J-ENG books multiple orders for new UEC42LSH engines
    In a reminder that there are more than two players in the large two-stroke engine sector, Japan Engine Corporation (J-ENG) reports it has booked a total of six orders for its UEC42LSH
  • Schottel wins repeat Mystic Cruises pump jets order
    Spay, Germany, based propulsion specialist Schottel has won a contract to supply state-of-the-art pump jets for five additional expedition cruise ships (with option to include a sixth) for Portuguese-based company Mystic Cruises.
  • Congressmen object to "crude" mnemonic in USCG training material
    Today, Chair of the House Committee on Transportation and Infrastructure Peter DeFazio (D-Ore.) and Chair of the Subcommittee on Coast Guard and Maritime Transportation Sean Patrick Maloney (D-N.Y.Congr) sent a letter to
  • Kongsberg pushes ahead on digitalization
    Kongsberg is combining Kongsberg Digital's two maritime divisions, its Maritime Digital Solutions unit and its Maritime Simulation hub, into one brand: Digital Ocean. It says the combination will enabling the synergies required
  • InfraStrata buys Appledore Shipyard and puts the H&W brand on it
    InfraStrata plc (AIM: INFA), the U.K. infrastructure project specialist that bought the assets of Northern Ireland shipbuilder Harland & Wolff reports that it has acquired another U.K. yard, Appledore Shipyard located in

Lloyd's Listweb site
AUGUST 26, 2020
  • Patrick Hawkins, leading marine lawyer with expertise in salvage, dies at 59
    Praising him for his mastery of the various esoteric aspects of shipping law, law firm also pays tribute to Mr...
  • US Gulf ports brace for 'extremely dangerous' hurricane
    The National Hurricane Center midday Wednesday said Laura had become 'an extremely dangerous' Category 4 hurricane packing 140 mph winds, and warned...
  • Open-loop scrubbers shrug off regional restrictions
    Despite pressure due to regional restrictions and prohibitions, open-loop scrubbers do not seem to be losing market share to other...
  • Panama Canal extends advance payment suspension
    Measures introduced to help the industry get through the health pandemic are being further extended and will run at least...
  • Avance Gas sees US-Asia LPG arbitrage improvement
    Asian demand for LPG is normalising, which, combined with low US prices, is leading to an improving arbitrage, says Avance...
  • Crew change crisis deepens amid bureaucracy, logistics and cost
    A multi-agency UN approach and an extraordinary session of the IMO will get seafarers back on the political agenda after...
  • Weekly briefing: More positivity for container lines; reshaped tanker markets
    Maersk has predicted a 'progressive recovery' in container shipping demand in the third quarter of 2020 after a 16% drop...
  • Hapag-Lloyd chief holds shippers to commitment to ease supply chain recovery
    Hapag-Lloyd calls for commitments from customers to be honoured to ease disruption as capacity supply returns to normal
  • Standards set for wider use of methanol as marine fuel
    A new technical reference for methanol bunkering is expected to help boost understanding of an emerging marine fuel, which holds...
  • Favoured future marine fuel faces scaling-up challenges
    The build of ammonia-fuelled ships must ramp up significantly if net carbon-zero emissions targets are to be met; however, accelerating...
  • Digital crew pass offering virus certification faces test
    The move could allow crew to carry their authenticated digital health pass via their smartphone which would solve the document authentication problem...
  • Daily Briefing
    Free to read: Refined product data paints grim picture for tanker market | Seadrill shareholders could lose all in debt-restructuring...
  • Hurricane holds back US LNG output
    The last LNG carrier sailed away from Sabine LNG, the largest US export terminal, yesterday as the storm is expected...
  • India to restart ship-recycling yards at Sachana
    According to the government release, the ship-breaking yard in Sachana will be modelled on the one in Alang, although industry...
  • Total's Mozambique LNG project at risk from insurgent threat
    Mocímboa da Praia has been a logistics link for Total's $23bn LNG project on the Afungi Peninsula in Cabo Delgado...
  • Merger of HHI-DSME receives Singapore approval
    The competition authority said there were sufficient viable alternative suppliers to both companies, particularly for VLCCs and liquefied natural carriers...

The Journal of Commerceweb site
AUGUST 26, 2020
  • US truckload activity still rising, but moderately: FourKites
  • Cosco to boost box-making business with funds from CIMC sale
  • Importers concentrating peak season shipments in LA-LB
  • JOC Uncharted: Shippers should plan for rising Asia-Europe contract rates
  • Carrier service adjustments threaten India's direct shipping push

TradeWindsweb site
AUGUST 26, 2020
  • Adnoc L&S lines up $900m-plus VLCC and aframax newbuildings
  • The zany professor of Sandefjord takes analysts round and round his classroom
  • Cruise majors face limit on secured debt as pandemic wears on
  • Cleaves Securities says 'sell' Avance Gas after earnings miss
  • Arista Shipping down to one ship after supramax bulker sale
  • Wallenius Wilhelmsen succeeds with $224m bond sale as it looks to refinance
  • DSF ready for crisis after switching to eurobonds in $1.2bn deals
  • Arista Shipping down to one ship after supramax bulker sale
  • GasLog FSRU nears final shareholder structure as 2023 operations targeted
  • ABN Amro's Gorgels only has eyes for European shipowners
  • Major legal questions hang over pollution payouts for Wakashio
  • Neu Seeschiffahrt poised to sell older VLOC for demolition
  • Box freight rates soar, but lines better not overplay their hand
  • Kistefos considers new bond issue as pandemic hits results
  • Greece expands its territorial waters to the west
  • New $26m lawsuit launched over ill-fated VLCC voyage
  • SFL idles redelivered car carriers but remains upbeat on liner prospects
  • Taiwan Navigation sells panamax in fleet renewal bid
  • Remaining North West Shelf LNG steam ships pushed around market
  • LNG charter rates tip upwards on improved enquiry
  • Yara Marine seeks to diversify from scrubbers into greener ship technologies
  • New Fortress has 'vast opportunity' in $500bn gas power sector
  • Smart phone solution to shipping's crew change crisis to be trialled
  • Zim touted as potential IPO candidate in early 2021
  • Smaller LNG ships in demand for projects and bunkering
  • Shell sees growth potential for retrofitting vessels to run on LNG
  • $420m debt deal drives Havila Shipping back into profit
  • Susesea Holdings orders dry bulk newbuildings at Nacks
  • Avance Gas seals $45m leaseback sale as bank financing remains 'scarce'
  • Bharat Sheth says global upheaval makes forecasting 'a waste of time'
  • 'Defensive' Greatship survives OSV downturn due to term contracts
  • DOF's Mons Aase says OSV slump to last 'long into 2021'
  • Kuok, Maersk and BSM offer 200 traineeships for graduates during Covid crisis
  • Another Carnival workhorse heads for the scrapheap
  • ReCAAP warns over armed robbery at Philippines' Batangas anchorage
  • Changing coal trades prompt Platts to rejig capesize freight assessments

American Shipperweb site
AUGUST 26, 2020
  • Hurricane Laura: United Airlines cancels flights, cargo delayed
    Hurricane Laura's onslaught has begun to disrupt air logistics in Texas.
  • Truck stops close shop ahead of Hurricane Laura
    Logistics aid network seeking assistance from transportation sector.
  • LA and Long Beach ports could learn from Mister Rogers
    The pandemic, trade war and a communication gap have muddled implementation of a $10-per-TEU surcharge.
  • Trans-Atlantic LCL steady despite COVID-19
    The trans-Atlantic may not be the dominant container market, but it remains dependable for hungry ocean consolidators and forwarders.
  • Maritime History Notes: Beirut blast echoes Texas City catastrophe
    The recent death and destruction at the Port of Beirut from ammonium nitrate reminds us that continued carelessness with handling this substance dooms us to...
  • Transportation, logistics sector braces for Hurricane Laura
    Hurricane Laura is predicted to make landfall near Port Houston, part of the nation's largest logistics hub for oil, gas and petrochemicals.

The Bunker Bulletinweb site
AUGUST 26, 2020
  • JAPAN DATA: Oil product stocks rise 2% on week to 67.74 mil barrels Aug 22
    The stocks also rose 1.5% from 66.71 million barrels a year earlier, S&P Global Platts data showed.
  • Taiwan's CPC to shift to ultra low sulfur marine gasoil on growing regional ECAs: source
    Taiwan's state-owned CPC Corp. is planning to lower the sulfur content to 0.1% across its ports over time from 0.5% as more Emission Control Areas mandating 0.1% sulfur are implemented in the region, according to a company source.
  • Medium Range rates soar as cargoes covered in wake of US hurricanes
    Medium Range tanker markets have risen sharply on the back of news of imminent lockdowns in the US Gulf Coast region due to two incoming hurricanes -- Laura and Marco.
  • HSFO cargo to move back from Zhoushan to Singapore in rare move: sources
    This is likely the second fuel oil cargo plying the rare route in recent years as Singapore is typically a high sulfur fuel oil supplier to China, and most of the high sulfur bunker fuel sold in Chinese ports is imported, industry sources said.
  • CHINA DATA: July fuel oil exports rise 34% on year to 1.18 mil mt
    China exported 1.18 million mt of fuel oil in July, up 34% year on year but down 6.8% from June, data from General Administration of Customs showed Aug. 26.
  • Thailand's July fuel oil exports rise on month as domestic demand softens
    Thailand's exports of fuel oil in July recorded a 4.62% rise on the month, according to customs data, as sources highlighted domestic bunker demand in the third quarter weakened slightly. Exports were, however, 21.39% lower on the year.
  • Fujairah oil product stocks soar in biggest weekly gain since February
    Stockpiles of oil products at the crude trading and bunkering hub of Fujairah on the east coast of the UAE jumped to a six-week high, with marine bunkers and fuel for power generation soaring the most in six months.
  • World gasoline demand to recover by year-end helped by 'urban flight': Barclays
    Global gasoline demand, the biggest casualty of COVID-19 lockdowns by volume, could largely recover to normal levels by year-end, according to Barclays, which shrugged off widespread concerns of structural weakening in long-term demand for the driving fuel.
  • US DATA: EIA says Gulf Coast ULSD stocks hit record high
    Ultra low sulfur diesel stocks on the US Gulf Coast reached a record high during the week ended Aug. 21, building 1.82 million barrels to 56.08 million barrels, US Energy Information Administration data showed Aug. 26.
  • BRAZIL DATA: Diesel, bunker fuel boost refinery output in July
    Brazilian refined-product output jumped to its highest level in seven months in July amid strong demand for diesel and low-sulfur bunker fuel, according to data published Aug. 26 by the National Petroleum Agency, or ANP.
  • Durban VLSFO bunker prices jump $61/mt in two days
    Delivered-Durban 0.5% sulfur fuel oil bunker prices reached $435/mt on Aug. 25, up from $374/mt on Aug. 21 in just two consecutive trading sessions, S&P Global Platts data shows.
  • OIL FUTURES: WTI edges higher but products dip as US Gulf braces for Laura
    US crude prices edged higher Aug. 26 as a strengthened Hurricane Laura approached the heart of US energy country, but the rest of the energy complex declined amid weakened demand outlooks.
  • External: Global Risk Management

›››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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