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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:12 GMT+1
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BRIEFS
July 16, 2021
Exim Indiaweb site
JULY 15, 2021
  • Call for demurrage & detention charges to be proportionate & fair
  • Maersk to redesign its ocean network in West & Central Asia
  • Subsidy scheme for Indian shipping companies aims to boost tonnage
  • Edible oil imports down in June
  • CMA CGM Group extends its footprint in Nepal by launching Carrier Haulage service from Kolkata to Biratnagar
  • Economy to register double-digit growth in FY22: NITI Aayog
  • Indian Register of Shipping offers EEXI & CII services
  • Transpost digital platform being launched today

The Loadstarweb site
JULY 15, 2021
  • Maersk revamps network in west and central Asia to get cargo to market faster
  • Carriers suspend D&D fees as civil unrest impacts port operations at Durban
  • 'Haulier supermarket' puts drivers on right side of supply and demand equation
  • Brittle US food supply chains need a rethink as weather takes its toll on crops
  • Air forwarders want international standard as Fit for 55 proposals introduced
  • Zim launches 'unique' sea-rail service to get Yiwu exports to US quicker
  • Supply chain radar: -14%, -16%, -23%... adding and counting
  • Narcís Pavón promoted to COO of APM Terminals Spanish Gateways

Marine Logweb site
JULY 15, 2021
  • Efforts to unground riverboat set to begin
    The Lake Barkley Grounding Unified Command is scheduled to begin salvage operations tomorrow, June 16, to unground the riverboat, American Jazz. The riverboat has been stuck on a sandbar near Barkley Bridge
  • EU includes shipping in far reaching GHG reduction plan
    The European Commission yesterday adopted a package of proposals to make the EU's climate, energy, land use, transport and taxation policies fit for reducing net greenhouse gas emissions by at least 55%
  • All American Marine launches research vessel for NOAA
    Bellingham, Wash., based All American Marine (AAM) has launched a 50-foot research vessel for the National Oceanic and Atmospheric Administration (NOAA), designated for the Olympic Coast National Marine Sanctuary in Washington State.
  • Superyacht will have BAE hybrid power and propulsion
    BAE Systems has been selected by luxury sailing yacht builder Southern Wind to provide the electric-hybrid power and propulsion system for a new high-performance superyacht, the SW96 Nyumba. The HybriGen power and
  • Kirby awarded $17.4 million in Houston Channel collision case
    In a July 8 ruling, U.S. District Judge Jeffrey Vincent Brown has awarded Kirby Inland Marine $17,398,488 in a case stemming from the May 10, 2019, Houston Ship Channel incident in which

Lloyd's Listweb site
JULY 15, 2021
  • Latest Opec forecast highlights oil market imbalances that risk tanker rates recovery
    Lloyd's List Intelligence data indicates increased oil demand could translate to additional 250,000 bpd of crude shipments every month from...
  • Greek owners question EC emissions proposals but welcome charterer focus
    Greek shipowners, representing as much as 58% of European shipping capacity, have welcomed recognition by the EC that a vessel's...
  • Brexit skill shortages see big jump in UK shore job salaries
    Bureaucracy involved in sponsoring skilled worker visas has seen companies increasingly look to Britons where they may have hired EU...
  • Newcastle port wins investment for fuel storage
    Australia's port of Newcastle has welcomed plans to build a fuel storage facility as part of government efforts to shore...
  • Shippers seek collaboration, not regulation, to fix supply chain
    The Global Shippers' Alliance wants a more transparent container shipping sector. But it admits shippers have to do their part...
  • Uncertainty reigns over sanctions-busting status of EU tankers
    'I imagine the willingness of Cypriot officials to enforce unilateral US sanctions comes down to diplomatic pressure from Washington,' says...
  • Overdue Chinese crew are refused sign-off at Chinese port
    Kamsarmax dry bulker at anchor near the port of Zhenjiang in China not allowed to conduct a crew change. Local...
  • Weekly Briefing: Box orders boom | Tankers await Opec direction | Dry hits summer lull
    As with dogs and Christmas, a containership is not just for the crisis, and the lesson from the previous decade...
  • Ocean rate hikes threaten price inflation
    Shippers of low-value cargo can often find the cost of freight is higher than the value of the goods transported...
  • Daily Briefing
    Free to read: EU proposes a tax on all shipping emissions and to limit polluting fuels | Maritime's absence from UK...
  • Vopak to operate eight LPG terminals in India with Aegis
    The joint venture will operate a network of eight terminals in five strategic ports on India's east and west coasts
  • Maersk backs EU's green quotas as 'right approach'
    AP Moller-Maersk chief executive Søren Skou says he supports the phased-in approach of the EU emissions trading system. However, other shipping...
  • Los Angeles and Long Beach volumes set for strong second half
    'Key economic indicators all suggest that US consumer spending will remain strong through the remainder of 2021,' says Port of...
  • Cosco completes Saudi Arabia terminal acquisition
    Investment will help upgrade and increase the berth capacity while modernising the terminal yard and other supporting facilities
  • Dry bulk market hit by seasonal lull
    Arrow Research foresees the capesize fundamentals to be tighter in the third quarter versus the second quarter, which depends mostly...

The Journal of Commerceweb site
JULY 15, 2021
  • UP suspending USWC-Chicago hub services to clear Global IV boxes
  • Cosco adds to orderbook with $1.5 billion shipbuilding contract
  • Uber Freight, BlueGrace link up to deliver LTL capacity
  • Lure of China-Europe rail amplified by ocean chaos
  • 8VC, Lineage partner to infuse tech into cold storage giant

TradeWindsweb site
JULY 15, 2021
  • Expect high LPG prices for the rest of 2021, Poten says
  • Greek owners hail charterers' carbon liability in EU, deplore much of remaining decarbonisation package
  • Cosco unveils $1.5bn newbuilding order for large containerships
  • Chemikalien places quintet in Scorpio pool for older handies
  • Volga Shipping kicks off 20-ship order spree with bulker quartet at Oka Shipyard
  • Clarksons sees new wind turbine vessel order cycle as projects get green light
  • Laid-up survey ship going cheap at auction after 2018 tanker smash
  • Tor Olav Troim's Himalaya Shipping raises $30m to fund LNG newcastlemaxes
  • Ocean Yield's Solbakken questions leverage levels as ship prices soar
  • Capesize market falls as freight rates falter and nerves hit derivatives
  • Norwegian Cruise Line frets Florida law puts return to sailing in jeopardy
  • Qatar's Nakilat 'screening the market' for opportunities to expand
  • Notias makes tanker debut with swoop on MR newbuildings
  • MINSHIP and Auerbach merge ship management operations
  • Tanker owners dream of 'supercycle' - but world is moving on from oil
  • New Fortress fires up Mexican LNG terminal using ship shuttle concept
  • Siem Offshore promotes from within as CFO Dagfinn Lie leaves after 14 years
  • Danish owners regret EU's rush to include global voyages in carbon plan
  • Political unrest hits two South African ports as protests turn violent
  • Action picking up on new US LNG supply as market tightness looms, Poten says
  • Europe's carbon plan for shipping reveals rift between European and other shipowners
  • Hyundai yards exceed annual $14.9bn newbuilding target - with five months in hand
  • ZeroNorth buys Propulsion Dynamics to move into fuel optimisation

American Shipperweb site
JULY 15, 2021
  • Delta Air Lines posts 35% gain in cargo revenue
    Delta Air Lines is seeing strong domestic travel demand, but cargo also helped the company move beyond breakeven in the second quarter.
  • Port Houston posts 39% year-over-year container volume growth
    Total June container volume was 292,627 TEUs, a 39% increase compared to the same month in 2020.

The Bunker Bulletinweb site
JULY 15, 2021
  • European mobility edges to post-pandemic high despite rising Delta infections
    Oil demand markers in France and Italy improved sharply in the week to July 11, pulling up the average in Europe's biggest economies despite the Delta variant driving up infection rates and a number of countries reviewing travel and further reopening plans.
  • ARGENTINA DATA: May refinery utilization rises as oil product demand rebounds
    Argentina's refinery utilization rate rose to 75.4% in May from 73.1% in April as demand for petroleum products increased, even as a second wave of coronavirus cases brought a curfew and tighter restrictions, a government report showed late July 14.
  • BP to deliver first carbon-offset LNG cargo to Sempra receiving terminal in Mexico
    BP was nearing delivery of what was described as its first carbon-offset LNG cargo to Sempra's Energia Costa Azul receiving terminal on Mexico's Pacific Coast, the companies said July 15.
  • ARA diesel, gasoil stocks rise 0.8% in week to July 15: Insights Global
    Stocks of diesel and gasoil in the Amsterdam-Rotterdam-Antwerp hub rose 0.8% week on week and fell 15.4% on the year to 2.30 million mt in the week to July 15, according to Insights Global data.
  • DIRTY TANKER QUARTERLY: Summer doldrums to continue in near term amid reduced flows
    As the year moves further into the summer doldrums for crude shipping, dirty tanker freight rates already at or below break-even levels are set to remain depressed into the traditionally low-freight third quarter of 2021.
  • OIL FUTURES: Swoon continues for crude oil, products on supply, demand concerns
    Crude oil and refined products prices continued to fall July 15 on increasing crude production from OPEC+ and the US, as well as fears of weaker-than-expected demand caused by the ongoing worldwide spread of the delta variant of the coronavirus.
  • REFINERY NEWS: South Africa's Sapref shuts down due to civil unrest, declares force majeure
    The jailing of Zuma on July 8 led to widescale protests, which began in Zuma's home province of KwaZulu-Natal and has now spread to other regions.
  • TENDER DATA: Pakistan State Oil seeks 3 LSFO cargoes for H2 Aug-Sep
    PSO issued three separate buy tenders seeking three cargoes of LSFO, according to the state-owned oil company's tender documents. It is also seeking four high sulfur fuel oil cargoes, to meet demand from the power sector.
  • Volkswagen Group to use more dual-fueled LNG ships to aid decarbonization goals
    It will also be possible to retrofit two of the new ships with battery cells to achieve further reduction in fuel consumption, the company said, adding that all four LNG ships will have shore power connections, which means they can eliminate all local emissions in ports providing this facility.
  • CHINA DATA: Lure of lofty margins lifts China crude runs to record highs in June
    Analysts said crude runs in second-half 2021 would remain high as new capacity is expected to come online. In addition, state-run refiners would keep their throughput elevated to meet domestic demand growth.
  • New Enterprise Singapore symbols
    They reflect new trade activities within the past week. The values for these new symbols will be backfilled next week. The key trade statistics for oil appear on PGA pages 2100-2138 and the key trade statistics for petrochemicals on PCA pages 800-806.
  • Panama bunker fuel sales fall on month in June as high sulfur fuel demand slides
    Total sales were 18.7% higher than the 302,330 mt registered in June 2020, the month most heavily impacted by fallen demand due to the coronavirus pandemic.
  • Hydrogen investment totals $500 billion to 2030: Hydrogen Council
    Of the newly planned investment, over 80% of new projects are targeted for Europe, although other regions also are demonstrating a rapid increase in project announcements, the council, which authored the 'Hydrogen Insights' report in partnership with McKinsey, said.
  • Maersk CEO backs EU's Fit for 55 package for shipping
    The International Maritime Organization has adopted measures to reduce a ship's carbon intensity, along with existing targets for 2030 and 2050, but some industry players are concerned the body has not gone far enough.
  • UAE $1 bil green ammonia project to start in 2024; targets Europe, US markets
    The company plans to target regional and international markets, mainly Europe and the United States, Marar said.
  • FUJAIRAH DATA: June bunker sales fall 0.17% on month led by LSFO
    Total sales dropped to 671,857 cu m in June from 672,991 cu m in May, according to Fujairah Oil Industry Zone data on its website.
  • OPEC sees tight oil market through end-2021, solid demand growth for 2022
    Organization for Economic Cooperation and Development oil stocks were 21.7 million barrels below the 2015-2019 average that OPEC+ has said it is targeting, according to OPEC report.
  • Med 0.1% gasoil premiums at new 6-month on improving demand, tight supply
    The CIF Med 0.1% gasoil premium to front-month ICE LSGO futures was assessed at $2.75/mt July 14, an increase of 50 cents/mt on the day and the highest premium since Jan. 12.
  • Japan bunker traders compete fiercely for spot business in Tokyo Bay amid oversupply
    "China is taking demand from container ships," the first trader said.
  • Norway Aker BP hit by maintenance, infrastructure glitches, as Sverdrup surges in Q2
    Norway Aker BP suffered a 5% year-on-year drop in its oil and gas output in the second quarter to 199,000 b/d of oil equivalent as rising Johan Sverdrup crude output was offset by maintenance and glitches with North Sea infrastructure elsewhere in its portfolio, it said July 15.

›››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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