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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:18 GMT+1
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BRIEFS
June 14, 2021
Exim Indiaweb site
JUNE 13, 2021
  • Congestion reportedly worsening in southern China container shipping ports
  • Hapag-Lloyd to provide full transparency on vessel arrivals
  • Spike seen in freight rates across shipping
  • Extension of validity of AEO certification for ease of renewal process
  • India exports 24 tonnes of groundnuts to Nepal from West Bengal
  • Cessation of Force Majeure at Karaikal Port
  • Kerala to fast-track development of ports
  • Pipavav Port provides update on operations post Cyclone Tauktae
  • Port of Los Angeles achieves record 10 million TEU throughput
  • CMA CGM in agreement to identify, design & develop innovative solutions for shipping, logistics & space industry
  • CONCOR commences first direct rail service from Gujarat to Bangladesh
  • GAC wins Best Shipping Agency award
  • Global rail freight market seen growing further
  • Bahri moves up multiple spots to rank 40th on Forbes ME's Top 100 List for 2021
  • JNPT celebrates World Environment Day 2021
  • WAN HAI LINES donates critical equipment for the fight against Covid-19 in India

International Transport Journalweb site
  • 700 t CO2 less
  • Fake luxury watches, not "plastic cards"
  • Air freight specialists for Aero Africa
  • New locomotive pulls 7,100 t
  • Sichuan Group in long-term agreement
  • Facility close to Seoul changes hands
  • Fuel cell trucks for emission-free fleet
  • First location in Barcelona
  • Bimco and ICC promoting e-BL
  • 50 preighter flights for Egetrans
  • Idealworks picks Schneider
  • Strategic partnership for air cargo data
  • "Curiosity of the Day"
  • No noisy wagons from abroad
  • Laurels for ZIM's IPO
  • The desert lives
  • Geodis launches training programme
  • Switzerland's worst railway accident

The Loadstarweb site
JUNE 11, 2021
  • Asia-Europe spot rates head for $20,000 per feu as new China Covid crisis bites
  • China congestion pushes carriers as they are 'forced' to add surcharges
  • Supply chain disruption warning as EU prepares sanctions on Belarus
  • Fast services from Asia bypassing congested southern Californian ports
  • China unveils plan to develop Hainan Island as a major south-western hub port
  • Biden effect may shake up UK-EU 'stalemate' over Northern Ireland protocol
  • Rate benchmarking platform Xeneta to integrate Clive dynamic loadfactor data
  • Two specialists join Aero Africa management team in China and southern Africa
  • Once a Maersk man: Gary Jeffreys returns as the new UK & Ireland MD
  • APMT verteran Jonathan Graham returns to Africa as MD of Liberia unit
  • Against the odds: DSV Panalpina - 'no mercy'

Marine Logweb site
JUNE 11, 2021
  • Vandroff named Fincantieri Marinette CEO
    Fincantieri Marinette Marine reports that Mark Vandroff will be taking over as CEO effective July 7, succeeding Jan Allman who has led the Wisconsin shipyard since 2014 and who has been promoted
  • Port of Los Angeles sets Western Hemisphere record for annual volume
    The Port of Los Angeles yesterday became the first port in the Western Hemisphere to process 10 million container units in a 12-month period. To mark the milestone, Los Angeles Mayor Eric
  • BOEM to hold New York Bight offshore wind lease sale
    The U.S. Department of the Interior today announced plans for what will be the Biden administration's first offshore wind sale. It will offer areas on the Outer Continental Shelf (OCS) in the
  • Two Celebrity Millennium guests test positive for COVID-19
    Two passengers aboard a Celebrity Cruises' cruise that departed from the Caribbean port of Philipsburg, St. Maarten, June 5, have tested positive for COVID-19. The company issued the following statement: "Today, two
  • Wison delivers China's first floating wind platform
    Shanghai-based Wison Offshore & Marine Co., Ltd. (WOM) reports that it has completed construction of a semi-submersible foundation platform for the Three Gorges Guangdong floating offshore wind power project. Located in the

Lloyd's Listweb site
JUNE 11, 2021
  • US calls incoming emissions measure 'weak'
    Countries at the International Maritime Organization's Marine Environment Protection Committee showed strong opposition to allowing waivers and exemptions from incoming...
  • Don't shoot the carrier
    Record freight rates and delays are the result of a system under pressure in the midst of a pandemic. When...
  • Charterparties may need amending to reach climate goals
    'There is wide scope for owners and charterers to consider provisions addressing technical and operational efficiency within charterparty riders, and...
  • Shipping apes G7 to spread the word for seafarers
    The UK Chamber of Shipping is lobbying more for action on crewing, green shipping and digitalisation during the G7 meeting...
  • The week in charts: Yantian Port congestion | Easing global box demand | Crew abandonment case failures
    Vessel queues into Yantian may have reduced over the past week at the port's main anchorage but are still significant...
  • APM Terminals names Jonathan Goldner as Asia head
    APM Terminals will move its Asia headquarters to Singapore from Hong Kong in the coming months
  • The Lloyd's List Podcast: Why sustainability needs digital solutions as well as decarbonisation
    Shipping experts are calling for serious commitment on sustainability 'NOW' before it's too late. What's holding us back? Is the...
  • Daily Briefing
    Free to read: IMO chief warns failure not an option on cutting emissions | Abandoned crews languish as cases drag on...
  • Sri Lanka probes oil patch near X-Press Pearl
    Ship operator X-Press Feeders said a 'grey sheen' has been observed emanating from the vessel. There is no confirmed fuel...
  • Port of Los Angeles sets container processing record
    'With our sustained focus on supply chain digitalisation, infrastructure investments and strong business relationships, we have the opportunity to build...
  • Astomos to ship first carbon-neutral LPG in deal with Shell
    Credits from Shell's global portfolio of nature-based projects will be used to offset lifecycle CO2 emissions generated across the value...
  • Asia Pacific drives LNG re-export growth
    The increase in LNG re-exports came on the back of volatility in prices. This fed trading interest and boosted liquidity...
  • Maritime Markets Outlook: Death and demand
    A vaccine-led recovery is going to be a bumpy ride for the maritime markets, so we are looking at the...
  • US sanctions 'cohort' of businessmen and shipping experts linked to Yemen's Houthis
    Ofac said the Houthis have used ballistic missiles, explosives, naval mines, and Unmanned Aerial Vehicles to strike military targets, population...

The Journal of Commerceweb site
JUNE 11, 2021
  • GlobalTranz, Worldwide Express merging amid tight freight capacity
  • Yellow's Hawkins defends $700 million US loan
  • North American freight volumes, spending at multiyear highs: Cass
  • Knight-Swift leaving BNSF to partner with UP on intermodal
  • Long Beach terminals step up to clear clogging rail containers
  • Cargo owners prioritizing capacity over price in hot breakbulk market
  • Hapag-Lloyd moves to improve NY-NJ truck flow

TradeWindsweb site
JUNE 11, 2021
  • Dry bulk market ends week strong amid high sub-capesize demand, firm iron-ore prices
  • IEA brings 'good news' to tanker owners with strong oil demand forecast
  • Gard to appeal $22.8m judgment in favour of Champion Shipping
  • More ONE containerships omit calls in China as port congestion worsens
  • Rolls-Royce Power System elects female chair for supervisory board
  • How American Hellenic Hull is building on its Cyprus roots
  • Editor's selection: Changing back again at ExxonMobil, and a key moment for carbon cuts
  • Kongsberg to design first two of six Awind newbuildings in China
  • How IMO's carbon intensity formula could increase cruiseship emissions
  • Euronav and China Merchants Energy Shipping remain upbeat despite market woes
  • Seafarers evacuated from CMA CGM containership after positive Covid-19 tests
  • Flood of deficiencies: UK inspectors declare Noah's Ark unseaworthy
  • Norwegian green group calls for transparency after former Fred Olsen ship was scrapped
  • Clarksons Platou raises forecasts as containership owners lock in vessels for five-year charters
  • As G7 leaders meet, new maritime grouping M7 sets out its agenda
  • Spetalen's Standard Drilling sells PSV to raise cash for renewables push
  • K Line, Trafigura and Genco lead new ammonia fuel study
  • WFW on shipping, Soros and the cocktail party effect
  • Navigator optimistic after ethylene price drop as it returns to profit
  • Green Shipping Line plots 'game-changing' Jones Act wind farm vessel
  • Genting Cruise Line to lift capacity as Singapore eases Covid-19 restrictions
  • How can shipping exploit silver lining in private equity's exit?
  • Sweet spot: charterers trying to limit PSV exposure as summer peak nears
  • Kahn and Harren: He ain't heavy, he's my partner
  • Panama cracks down on bulkers heading to Australia

American Shipperweb site
JUNE 11, 2021
  • Container rates rocket even higher - and there's no end in sight
    Container spot rates spiked again, with new records set. For importers, the worst is yet to come.
  • Pending Belarus sanctions could complicate East-West freight moves
    Belarus occupies a key spot on the Trans-Eurasian rail line and is on the flight path used by airlines between Europe and Asia. Freight transport...
  • Broken records: 'Historic cargo surge' still making waves at US ports
    The "unprecedented" influx of imports continues on the West and East coasts.
  • TSA to exempt 'secure' exporters from new air cargo screening
    New air cargo security rules require 100% screening of every shipment. The Transportation Security Administration says cargo from large warehouses with heavy security measures don't...

The Bunker Bulletinweb site
JUNE 11, 2021
  • Norway hydrogen road map to create marine transport hubs, industrial projects by 2025
    Norway aims to establish five maritime transportation hydrogen hubs by 2025, along with up to two industrial projects with hydrogen production facilities, the government said in a road map published June 11.
  • OIL FUTURES: NYMEX products retreat as US mulls RINs relief for refiners
    NYMEX refined product futures settled sharply lower June 11 following reports that President Joe Biden's administration is weighing options to provide relief to US refiners from biofuel blending mandates.
  • OIL FUTURES: Crude futures higher on upbeat demand view
    Overall, the market is well supported with bullish signals on both the demand and the supply side, more than offsetting any bearish sentiment.
  • European VGO values buoyed by supply constraints, refined product demand
    **Russian refinery outages reducing supply **Stronger gasoline demand affecting values
  • INTERVIEW: IATA CEO sees 'significant' supply boost for SAF 2030-2040
    **Calls out catch 22 of low biojet volumes and low uptake **SAF key element to lower carbon sector for long-haul flights **Industry ripe for consolidation but unlikely for another two years
  • Gazprom, Shell reiterate commitment to energy transition
    **Investing more than $2 bil a year in clean energy: Shell **Gazprom, Shell say energy transition inevitable
  • NWE low sulfur fuel oil market flips to backwardation as Med demand firms up
    Fuel oil traders talking to S&P Global Platts have said that the low sulfur fuel oil market has been supported by seasonal utility demand from countries in the Med.
  • ARA fuel oil stocks down 4.6% on week at 1.311 million mt: Insights Global
    Availability of high sulfur fuel oil was heard to be satisfactory in the ARA region, as Russian quality M-100 fuel oil was heard heading to the US Gulf Coast to meet coker demand.
  • Trafigura, Total join project to study using green ammonia as marine fuel
    **Cost a key issue for ammonia **Small plants may emerge in 2025
  • BUNKERWORLD INDEX: Prices waver amid mixed market dynamics and crude bearishness
    **Tightening of 3.5%S FO at Fujairah **Supply overhang in the Mediterranean **Congestion leads to limited prompt availability at Montreal
  • Australia's bunker demand falls sharply as cruise tourism sails in choppy waters
    **VLSFO bunker demand drop likely 30%-50% **Clear pathway for cruise industry recovery needed: CLIA
  • INDIA DATA: May oil products demand falls 1.5% on year to 3.8 mil b/d
    **Month-on-month demand in June set to improve **Transportation fuel demand to recover as COVID-19 eases
  • FEATURE: IEA's net-zero roadmap is unrealistic, lacks localized approach - Chinese experts
    **IEA report lacks differentiated approach between developed and developing countries **Rapid phasing out of fossil fuels could destabilize energy supply, power grids
  • SINGAPORE DATA: Residue stocks rise 5.2% on week to 26.92 mil barrels on low exports
    **Fuel oil imports rise 24.63% on week **Fuel oil exports fall 53% on week

›››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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