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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:29 GMT+1
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BRIEFS
August 2, 2021
Exim Indiaweb site
AUGUST 1, 2021
  • CMA CGM's reshuffling of SAFRAN service connecting North Europe with East Coast South America
  • Hapag-Lloyd raises earnings outlook for 2021
  • Industry discusses how to combat illegal wildlife & timber trade through shipping
  • Inland Vessels Bill 2021 passed in Lok Sabha; seeks unified law for the country
  • ONE's profit up in Q1
  • Agri exporters from remote districts connected to international buyers for the first time
  • First consignment of fruits & vegetables exported to Dubai from Haridwar
  • Plastics export sees surge in Q1
  • Traders contract 500,000 tonnes of sugar for export in December-January
  • Kamarajar Port terminates contract to build & run iron ore & coal handling facility
  • Allcargo Logistics expands in Europe with ECU Worldwide-Nordicon joint venture
  • Risk mitigation is all about effective communication
  • Global trade continuing recovery but wider access to vaccines required, says key report
  • China says no restrictions on Indian crew
  • Ever Given finally reaches Rotterdam
  • Last date for sending in award nominations is Aug. 3
  • Shippers' ongoing pandemic logistics challenges: A review

International Transport Journalweb site
  • Cargo trumps passenger links

The Loadstarweb site
JULY 30, 2021
  • The true cost of shipping: lick a finger, stick it in the air and think of a number
  • ACCC says it learned about anti-competitive PCDs from local newspaper
  • Air cargo peak looms, Flexport warns - or here already and getting intense
  • CZE launches Malaysia-Europe truck service to avoid ocean congestion
  • DFDS launches Sheerness-Calais unaccompanied service as demand grows
  • Geodis reports 'solid' growth from record profits and a string of acquisitions
  • DVZ radar: Recovering economy boosts Deutsche Bahn - DB Schenker shines

Marine Logweb site
JULY 30, 2021
  • Bug infested bulker ordered out of U.S. waters
    U.S. Customs and Border Protection (CBP) agriculture specialists at the Port of New Orleans ordered the removal of a vessel due to invasive insects found in the wood dunnage that had been
  • Was Israel-connected ship hit by drone attack?
    A Liberian-flagged product tanker was today sailing under the control of its crew and with a U.S. Navy escort after being involved in an incident yesterday in which two of those on
  • Coast Guard SEACOR Power hearing starts Monday
    The Coast Guard is scheduled to conduct a formal public hearing starting Monday, August 2 in Houma, La., to consider evidence related to the capsizing of the liftboat SEACOR Power and the
  • Halter Marine to build 5th Navy berthing barge
    The Navy has exercised a contract option worth $41 million that will see Pascagoula, Miss., shipbuilder Halter Marine build a fifth Auxiliary Personnel Lighter-Small (APL(S)) 67 Class berthing and messing barge. The
  • Navy charges Bonhomme Richard sailor in relation to fire that gutted ship
    The Navy has filed charges against a sailor for allegedly deliberately starting the fire last year that quickly spread and gutted much of the interior of amphibious assault ship USS Bonhomme Richard
  • FERRIES 2021 to meet in NYC area in November
    Marine Log partners with Passenger Vessel Association to plan first ferry event in 18 months Set to take place at the Hyatt Regency Jersey City on the Hudson, November 9-10 in Jersey
  • LR's Palmer takes on key UN shipping decarb role
    Lloyd Register's (LR) global sustainability manager, Katharine Palmer has been appointed as the United Nations Climate Change (UNFCCC) High-Level Climate Champions' (HLCC) Shipping Lead to support the shipping industry's drive to decarbonization.

Lloyd's Listweb site
JULY 30, 2021
  • Wakashio case turns spotlight on criminalisation of seafarers
    The seafarers' union says the detention without charge of the Wakashio's crew in Mauritius highlights the persistent problem of governments...
  • Zodiac Maritime diverts tanker after fatal Mercer Street attack
    The tankers are two of the 138 ships managed by the Ofer family's shipping business
  • Hapag-Lloyd raises outlook after earnings soar in first half
    Second-quarter results for container lines were always going to be good. Now the outlook for the full year looks even...
  • Heppell to join Tindall Riley from Neon
    Philip Whittaker to revert to chief operating officer role
  • Carrier service quality is a two-way street
    Service levels in container shipping have dived dramatically during the pandemic. But carrier customers also have a role to play...
  • P&I clubs face up to the Micawber dilemma
    The entire club ethos is to do the best they can by their members. If they turn around to shipowners...
  • Manual operations at South African ports after cyber attack
    Most terminals are still operating with manual processes in place. This is slowing down loading operations, ship agents say
  • NYK issues $182m 'transitional' bonds
    NYK says it will use the proceeds to finance renewable energy projects such as ammonia and hydrogen-powered ships, but also...
  • Inmarsat sets tone for shipping's digital decade
    Interest in digitalisation has grown so fast over the past year that adding a few more satellites will not satisfy...
  • Ship carrying invasive insects ordered to leave US
    A vessel anchored near New Orleans was ordered to leave the US after federal agents found wood infested with an...
  • The Lloyd's List Podcast: What the EU's climate goals mean for shipping
    In the second part of a special extended edition of the Lloyd's List Podcast, sustainability editor Anastassios Adamopoulos speaks with...
  • ONE delays full-year outlook as supply chain strain blurs picture
    Boosted by surging freight rates, Ocean Network Express has seen profitability shoot up again. But despite positive signs, the pandemic...
  • Fatal oil tanker attack off Oman 'caused by drone'
    'With profound sadness, we understand the incident on Mercer Street... has resulted in the deaths of two crew members on...
  • Daily Briefing
    Flag state willing to share data of accused oil-spill tanker | P&I pricing could rise 50% by 2024, says broker...
  • Record volumes pose operational challenges for US ports
    'Maintaining operational efficiency is more challenging' as bottlenecks increase due to pressured supply chains, mismatched rolling stock, capacity-strained logistics networks and...
  • NYK takes delivery of carrier for troubled LNG Canada project
    TC Energy Corp, builder of the 670 km Coastal Gas Link pipeline that will feed the LNG Canada plant, said...
  • Singapore launches global centre for maritime decarbonisation
    The centre aims to collaborate with maritime to help the sector reduce greenhouse gas emissions, implement decarbonisation pathways and create...
  • Exmar partners Nutrien to develop ammonia-fuelled ship
    The low-carbon ammonia-fuelled ship will run on ammonia produced by Nutrien in Louisiana helping the partners to reduce their maritime...

The Journal of Commerceweb site
JULY 30, 2021
  • Vietnam's pandemic lockdown squeezing container supply
  • Matson's Q2 earnings surge on demand for China-US services
  • Hapag-Lloyd kicks off carrier earnings season with solid H1 result
  • LA-Chicago truck rates soar amid intermodal delays
  • Robust earnings spur Geodis acquisition spree
  • ECU targets Nordic region with purchase of consolidator
  • JOC Research: Contract rail savings widen, but spot business may flip to truck

TradeWindsweb site
JULY 30, 2021
  • Capesize bulker spot rates exceed $35,000 per day as Vale lowers guidance
  • Hapag-Lloyd raises earnings outlook to between $9.2bn and $11.2bn
  • Capital Product Partners targets LNG pivot for fleet expansion
  • Editor's selection: China's Covid-19 warning shot, Turkish asset play delight and more
  • Performance Shipping sends fleet to survey as tankers languish
  • Two killed in attack on Zodiac Maritime tanker off Oman
  • ONE profit soars as liner giant operates 'at full capacity'
  • APL fires back at Matson with competition lawsuit over Guam trade
  • Finnlines names Marco Palmu as new head of passenger services
  • Big investors and customers drive shipping response to Carbon Disclosure Project
  • NYK Line sells $183m 'transitional bonds' in decarbonisation drive
  • Mandatory standards emerging from alphabet soup of ESG reporting
  • MPC Container Ships secures $70m revolving credit facility
  • Containership owner Borealis Finance to delist after redeeming $200m bond
  • Northern Sea Route season to be shorter this year, says forecaster
  • Ever Given unloads in Rotterdam as cargo claims progress
  • US watchdog seeks broader powers to drive liner competition
  • Pandemic labour shortages hit Sembcorp Marine hard in the pocket
  • MOL first-quarter profit surges on strong boxship and bulker markets
  • Shipping can do better with carbon disclosure grades
  • China turning to the likes of Peru to wean itself off Australian iron ore
  • South Korea's K Shipbuilding eyes smart technology for competitive edge
  • Bihar quietly boosts LR2 order at New Times to four ships

American Shipperweb site
JULY 30, 2021
  • US ports face peak-season 'gridlock plus' as anchorages fill
    Almost no container ships were stuck at anchor when 2020 peak season began. This peak season, terminals are pre-clogged.
  • ONE giant leap - 1,432% profit gain
    Ocean Network Express says the "economic environment is now changing" and it cannot forecast what the rest of 2021 holds, but Hapag-Lloyd can. It expects...
  • Are you shipping me?!? $32,000 container move from China to LA
    We have a new winner in the ocean shipping game of "How High Can Rates Go?" - about 15 times higher than before the COVID...

The Bunker Bulletinweb site
JULY 30, 2021
  • Repsol's Q2 oil and gas output declines amid asset revamp
    Spain's Repsol on July 29 reported a 3% year-on-year decline in its oil production in the second quarter to 208,000 b/d and a much steeper drop in gas output citing maintenance and asset sales as it slims its portfolio as part of energy transition efforts.
  • Natural gas production to be flat, but greener, higher value: EQT
    Executives at EQT, the largest natural gas producer in the US, plan to capture value by producing greener gas, not necessarily more gas, they said during a second quarter earnings call July 29.
  • ExxonMobil aims to boost Permian output by 40,000 boe/d in Q3
    ExxonMobil pumped 400,000 b/d of oil equivalent from the Permian Basin in Q2 021, which it aims to increase by 40,000 boe/d in Q3 through continued operating efficiencies, the company said July 30.
  • CONTAINER PREMIUMS: Spread between US Atlantic, Pacific Coast all-inclusive rates narrowing
    The spread between eastbound trans-Pacific all-inclusive container freight rates to the US East and West coasts is slimming as demand for West Coast imports increases, while ports remain heavily congested.
  • OIL FUTURES: Crude rally extends on weaker dollar, tightened supply outlook
    Crude prices extended their rally July 29, settling higher on the back of a weaker US dollar and tightening inventories.
  • Eni raises oil price outlook as market recovery powers strong Q2 earnings
    Italy's Eni raised its near-term oil price outlook July 30 as the market rebound fueled strong second quarter earnings despite lower production volumes and negative refining margins.
  • Enbridge prepares to finish Line 3 replacement, ramp up volumes
    Enbridge's Line 3 replacement project is roughly 80% complete and still slated to come online in the fourth quarter as the Canadian oil sands industry continues to bank on Enbridge alleviating the nation's pipeline bottleneck problem after the recent cancelation of the competing Keystone XL project.
  • European jet fuel imports from East of Suez at 330,000 mt so far for September: cFlow
    The minimum volume of jet fuel that is so far scheduled to come into Europe from the East of Suez in September stood at 330,000 mt as of July 30, according to cFlow, S&P Global Platts' trade flow software, and fixtures from shipping sources.
  • OIL FUTURES: Crude rally extends as market eyes tightened supply outlooks
    Crude futures extended their bull run July 30, settling higher for a third straight session, as the market looked past pandemic-related demand concerns toward tightened supply outlooks.
  • Japan's JERA maintains 'sufficient LNG stocks' at summer power demand
    Japan's largest power generation company JERA has maintained "an appropriate level of LNG stocks" as of July 30 in the midst of the current summer demand and will ensure its sufficient inventories during the demand season, a company official said.
  • Air France-KLM expects Q3 capacity to reach 60%-70% of 2019 capacity
    Air France-KLM on July 30 said it plans to fly 60%-70% of 2019 passenger capacity over the three months to September 30, but did not provide any capacity guidance for the fourth quarter of the year.
  • India's IOC April-June refining margin at $6.58/b, focuses on LNG
    State-run Indian Oil Corp.'s gross refining margin reached $6.58/b in the first quarter of 2021-22 fiscal year compared with minus $1.98/b in the year-ago quarter on inventory gain and better returns from cracks, company officials said July 30.
  • Interview: Enapter aims to disrupt H2 market with modular electrolyzers
    Electrolyzer start-up Enapter has low-cost renewable hydrogen production in its sights that is cheaper than incumbent technologies, the company's head of strategy Thomas Chrometzka told S&P Global Platts July 29.
  • PNG LNG working to resume LNG, condensate output: ExxonMobil PNG
    The PNG LNG project in Papua New Guinea is working to resume LNG and condensate production in the coming days after power was restored at the associated Kutubu Central Processing Facility following a recent outage, a spokeswoman for ExxonMobil PNG Ltd, the operator of PNG LNG, said in an emailed response to queries.
  • BUNKERWORLD INDEX: Bunker prices rebound on crude rally
    According to traders at the bunkering hub of Singapore, buyers have inked August loading ex-wharf marine fuel 0.5%S bunker term contracts at premiums of $3.50-$3.75/mt over the Singapore Marine Fuel 0.5%S cargo assessments during July.
  • SINGAPORE DATA: Residue stocks fall to 22.90 mil barrels as fuel oil imports plunge
    Ahead of an anticipated fall in incoming volumes of low sulfur fuel oil from the Americas into Singapore in August, cargo imports fell 72% to 106,802 mt, mostly due to a 38.80% decline in cargo from Brazil to 63,872 mt, and a 100% fall in volumes from Mexico.
  • COVID-19 comeback, hydrogen push may initiate South Korea's long-term crude import downtrend
    The world fifth-biggest crude importer received 80.165 million barrels, or 2.67 million b/d, in June, up 7.4% from 74.659 million barrels a year earlier, showed latest data from state-run Korea National Oil Corp.
  • Singapore Aug ex-wharf marine fuel term premium rises, supplies tighten as demand swells
    Term contracts for balance-July dates are currently being inked at premiums of $2.50-$2.75/mt, while trades for July supply were concluded in June at a premium of around $1/mt, traders said.
  • Fujairah Aug ex-wharf 0.5%S fuel term premium firms up on bullish sentiment for Q3
    The overall demand has improved in July compared with June, and bunker demand in the third quarter should outstrip a relatively lackluster second quarter, a trader in Fujairah said.
  • South Korea's LSMGO output rises 50% in July on LCO blending, weighing on premiums
    Until May, South Korea had routinely exported around 20 Medium Range cargoes/month of LCO to China, where LCO had been used as an alternative to gasoil in the mining, industrial, agricultural, construction and fishing sectors.

›››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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