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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:11 GMT+1
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BRIEFS
March 15, 2021
Exim Indiaweb site
MARCH 14, 2021
  • CMA CGM Group posts $1.75 bn net profit in 2020, driven by robust momentum in international trade
  • India a pioneering country in IMO initiative to significantly cut annual greenhouse gas emissions from international shipping
  • Stakeholders invited to help create global digital ISO standards
  • Call for India to cut import tariffs by 50 pc
  • CHANGE OF IFSC AND ACCOUNT DUE TO BANK MERGER.
  • Sugar production up
  • Record productivity in handling steel & aluminium ingots at PICT
  • Strong growth in reefer segment at Port of Antwerp in 2020
  • Updated Port Environment Protection Safety charges at Adani Hazira Port
  • India proposes inclusion of Chabahar Port in INSTC
  • Railways surpasses last fiscal's total cumulative freight loading
  • US to review resilience of supply chains
  • India proposes priority areas for deliverables at BRICS meeting
  • CBIC issues guidelines for attachment of property under GST Act
  • Mumbai Port Trust celebrates the Marathi language

International Transport Journalweb site
  • China-Zurich direct
  • A lot of money for Lineage Logistics
  • KLU studies burnout
  • Only slight drop in sales despite pandemic
  • Frankfurt and Hong Kong going high
  • From Sweden down south
  • More time for industry in UK
  • Second managing director for LHG
  • 2020: uptick in reefer market
  • Trailer manufacturer expands in Benelux
  • Vaccines from China and India to Africa
  • Stef Group hit hard by Covid-19
  • New sales and marketing director
  • From Alaska to the Spanish Isles
  • "Curiosity of the Day"
  • Safety measures for TEN-T Corridor
  • 100th joint cargo flight of reduced fleet

The Loadstarweb site
MARCH 12, 2021
  • Rates hold steady despite softer demand, with carriers firm on contract prices
  • No post-CNY easing of container shortages - it's a 'cycle of perpetual scarcity'
  • More cargo airlines eye adding revenue through multichannel sales
  • Vietnam recovery held back by steep ocean rates and box woes
  • Edmonton Airport builds capacity to keep pace with continuing cargo growth
  • Deferring new UK-EU customs controls no 'universal fix' for underlying problems
  • M&A radar: Maersk MCI sale rumours - can't stand the heat, get in the freezer

Marine Logweb site
MARCH 12, 2021
  • SAFE Boats to resume production at Tacoma facility
    Bremerton, Wash., headquartered SAFE Boats International is to bring back production to its Large Craft Production Facility (LCPF), located in the Port of Tacoma, which specializes in production of vessels over 65
  • USACE activates inspections along Mississippi River
    The Mississippi River at the Carrollton Gage in New Orleans has risen above 11 feet prompting the New Orleans Engineer District to activate Phase I flood fight procedures beginning March 11, 2021.
  • VIDEO: LNG-fueled car carrier first newbuild with ClassNK remote survey notation
    K-Line's LNG-fueled car carrier Century Highway Green, recently completed by Imabari Shipbuilding's Tadotsu Shipyard, has become the world's first vessel to receive ClassNK's Remote Survey (RMSV) notation on delivery. Version 2 of
  • Pacific islands propose hefty levy on ships' GHG emissions
    As we reported yesterday, the shipping community is calling for a $5 billion IMO shipping decarbonization R&D effort to be funded by a $2 per ton tax on marine fuels. Two pacific

Lloyd's Listweb site
MARCH 12, 2021
  • CMA CGM sees volumes remaining strong for first half of 2021
    CMA CGM has reported lower volumes for 2020. But a rapid recovery in the fourth quarter boosted profitability across the...
  • Israel's 'secret attacks' on Iran's tankers not a threat to shipping, say experts
    The Wall Street Journal reported Iran has bombed or mined Iranian tankers carrying oil bound for Syria since late 2019...
  • Not all countries should be in the flagging business
    The right of sovereign states to set up a shipping register goes back over a century to the Treaty of...
  • Union urges release of seafarer stuck on ship for four years
    The 33-year-old seafarer from Syria was ordered by a local court to stay on the abandoned Bahrain-flagged vessel as legal...
  • The week in charts: Gulf of Guinea piracy | Muted box growth | Casualty reporting shortfall
    Lloyd's List's interactive map highlights the ongoing threat of piracy in the Gulf of Guinea, while global volume growth of...
  • The Lloyd's List Podcast: Oil spills and container losses
    ITOPF managing director Dr Karen Purnell joins the Lloyd's List Sustainability Editor Anastassios Adamopoulos to explain why oil spills from...
  • RightShip expands vetting rules
    There are now 50 assessment items, compared with the original 20
  • Lloyd's List launches The Future of Shipping hub
    Over the course of 2021 Lloyd's List will host a series of live digital events, on-demand content and special reports...
  • Dozens of bulkers remain caught in crosshairs of China-Australia row
    While China's ban on Australian cargo has been positive for the dry bulk market, over 40 laden bulkers remain stranded...
  • Israel is targeting ships carrying Iranian oil, says WSJ
    WSJ report says Israel targeted at least 12 vessels linked to Iran
  • Daily Briefing
    Free to read: Marshall Islands demands $100 tax on shipping emissions | New Opec forecasts to weigh on Middle East Gulf...
  • Seattle dredging plan draws environmental challenge
    The Center for Biological Diversity says the deepening project would have an impact on wildlife, including whales, and contaminate local waters
  • Wan Hai unveils $1bn ordering spree
    Brokers suggest the Taiwanese shipping line is in talk with shipbuilders, including Korea Shipbuilding & Offshore Engineering, about the construction...
  • Fifteen crew kidnapped from tanker in Gulf of Guinea
    The remaining six crew members of the tanker are safe and on board the tanker, which is being attended by...

The Journal of Commerceweb site
MARCH 12, 2021
  • TPM21: Shippers add last-mile carriers to avoid capacity squeeze
  • CMA CGM cuts debt, posts $1.75 billion 2020 profit
  • Depot closure, empty returns snarling NY-NJ port truckers
  • Poor service levels disrupt strong trans-Atlantic demand
  • New devices, increased interoperability drive reefer tracking improvements
  • JNPT refocusing on rail efficiencies to stem North India cargo diversions

TradeWindsweb site
MARCH 12, 2021
  • Capesize bulkers fixed on period amid strong forward curve
  • Saade family increase stake in CMA CGM as profits boom
  • Repsol bunkers Furetank newbuilding with carbon neutral LNG
  • Springtime has come for product tankers amid buoyant east-of-Suez trade
  • MR spot market misery and impairments push TNG to $10m loss
  • International Seaways expects 'double-digit returns' on Shell project
  • IRISL says explosion on board boxship was a 'terrorist attack'
  • Diamond S says suezmax sales highlight value ahead of expected upturn
  • GNMTC moves to renew its aframax fleet
  • Fire breaks out on MSC cruiseship in Greece
  • International Seaways logs earnings miss in tough fourth quarter
  • Take China's plans for iron ore cuts, and Brazil's for growth, with 'grain of salt', experts say
  • Bimco sees S&P strength stalling crude tanker scrapping
  • Remote surveys and training need cheaper satellite connectivity
  • K Line taps green finance in Japan for car carrier newbuilding
  • Itochu to develop ammonia bunkering infrastructure in Japan
  • Hanseatic Unity strengthens handysize pool with Transworld bulkers
  • Adnoc L&S linked to resale deal for Chinese VLCC newbuilding
  • Russian operator denies breaking Danish law after 28 seafarers arrested
  • Evangelos Pistiolis doubles VLCC order at Hyundai to eight ships
  • Dee4 clients book three MR tanker newbuildings at Hyundai Mipo
  • Dutch ammonia and methanol producer OCI targets shipping
  • Pacific Island countries call for $100 fuel levy to combat climate change
  • Pandemic proves ship management is a people business at heart
  • Three seafarers dead and two missing as two cargoships sink in European storms
  • Nordea's shipping supremos say hunt is on for new business
  • Simon Mokster eyes biogas for fleet as it cuts emissions by 14%
  • Time for owners to go green for best loan pricing, Nordea says
  • Explosive-laden remote-controlled skiff behind 2020 attack on BW Rhine
  • Legendary ocean liner Queen Mary available for 'charter' until 2082
  • Cunard to launch 'staycation' cruises as UK prepares to exit latest lockdown
  • Buoyant supramax market spawns string of S&P deals

American Shipperweb site
MARCH 12, 2021
  • Full steam ahead for Wall Street's shipping stocks
    Container, dry bulk and tanker stocks push forward. Biggest winner since mid-2020: Danaos, up (this is not a typo) 1,202%.
  • Lawmaker: Use Postal Service to test vehicle-miles-traveled fee
    Congressman Sam Graves proposes using the Postal Service to test a new bridge and highway funding effort.

The Bunker Bulletinweb site
MARCH 12, 2021
  • Novorossiisk port operations hampered by storms
    All work stopped at the Black Sea Russian port of Novorossiisk on March 11 due to the intensification of a storm, a company representative from Russian pipeline operator Transneft said.
  • Repsol completes first LNG bunker operation with emissions offsets
    **Repsol transfers 420 cu m LNG into Furetank-owned tanker **Operation to supply Swedish-flagged chemical tanker
  • ARA fuel oil stocks up 1% on week as eastern pull weakens: Insights Global
    **European 0.5%S marine fuel heard to be long in Med: sources **1% paper backwardation weakens over the week
  • RUSSIA DATA: January oil product exports up 6.7% on year
    Russia exports diesel, fuel oil and jet fuel to international markets, and recently started exporting gasoline to Northwest Europe for onward shipment to Africa and the Americas.
  • Fujairah Uniper refinery outage sends delivered marine fuel premium at the port to 49-week high
    Product availability has been getting increasingly tight over the past few days in the Middle Eastern port of Fujairah.
  • Minerva Bunkering launches carbon offsets for marine fuel
    **Platts CEC prices have strengthened since January launch
  • European HSFO cracks hit 10-month low on falling demand
    Trans-Atlantic demand has fallen with the product largely going to coker usage and scrubber demand.
  • BUNKERWORLD INDEX: Prices rise amid firming crude and variable VLSFO supply
    **Fujairah market set to firm on limited availability **Rotterdam access to product expected to improve **Pockets of good demand in Latin America
  • Hong Kong shipowners call for crew changes to resume as shipping, bunkering struggle
    **Hong Kong bunker sales fall 30%-40% in 2020 **14-day quarantine applies even to ships on bunker-only calls **Singapore continues to facilitate crew sign-offs
  • Thailand's spot LSFO exports set to halve in April as refiners refocus on domestic bunker demand
    Refiners refocus their efforts on meeting rebounding domestic demand for bunker fuel.
  • CHINA DATA: Independent refiners' run rates hit record highs on strong margins, demand: JLC
    **Refining margins improve in Feb **About 27.4 mil mt/year capacity to be offline in Q2
  • SINGAPORE DATA: Residual fuel stocks rise 4% on week to year-to-date high 22.8 mil mt
    Singapore's commercial stockpiles of heavy distillates, which include cracked and straight run fuel oil as well as low sulfur waxy residue, has been inching progressively higher the past three consecutive weeks.
  • SINGAPORE DATA: Middle distillate stocks retreat on healthy gasoil exports
    **Gasoil outflow remains above 500,000 mt for second consecutive week **Singapore flips to net importer of jet fuel
  • Bunker fuel shipments unaffected by fire at ENEOS' Chiba refinery
    **LNG not a mere transition fuel for shipping **Digitalization to accelerate profits, cleaner fuels adoption **Clear consistent policies, carbon levy fund to assist
  • Collaboration key to driving shipping's decarbonization, digitalization agendas
    **LNG not a mere transition fuel for shipping **Digitalization to accelerate profits, cleaner fuels adoption **Clear consistent policies, carbon levy fund to assist
  • INTERVIEW: Containers well-placed to spearhead shipping decarbonization - Maersk
    **Green shipping practices vary in different maritime segments **Prefers methanol, ammonia as future marine fuel; skeptical on LNG **'Green premium' will become acceptable to customers

›››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%)
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
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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