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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
14:42 GMT+1
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BRIEFS
February 17, 2021
Exim Indiaweb site
FEBRUARY 16, 2021
  • PIL appoints Goh Chung Hun as General Manager, Fleet Division
  • India's exports grow by 6.16 pc, imports by 2 pc in Jan.
  • APM Terminals Pipavav registers revenue increase in Q3
  • Petronet LNG to increase Dahej terminal capacity
  • CMA CGM launches specialised air freight division; buys 4 freighters
  • CSC unveils TURANT app for real-time temperature tracking of pharma shipments
  • More supply chain delays in the offing: Ocean Insights Report
  • CBIC issues SOP for suspension of registration on observance of discrepancies/anomalies
  • BCC&I's 10th edition of Annual Shipping and Logistics Conclave 2020-21 brings together key stakeholders
  • MOL announces merger of MOL Marine & MOL Engineering

International Transport Journalweb site
  • Double-track solution?
  • Two power ladies underway in Germany
  • Masks from China, flowers from Kenya
  • AEO status in East Africa
  • Tragedy shows need for new standards
  • PIL appoints Goh Chung Hun
  • Oman Air goes fresh - and further
  • Hutchison Ports invests in Saudi Arabia
  • MNG maintains ties with Champ Cargosystems
  • 1.2 million t of CO2 saved
  • Saloodo! gains new CEO
  • BLG Logistics contracts
  • More services call London Gateway
  • "Curiosity of the Day"
  • Air cargo information for freight forwarders
  • Dachser restructures regional management
  • Track to "Titanium Valley" under construction
  • Port of Basel resilient in 2020
  • Rocking air cargo near Chicago

The Loadstarweb site
FEBRUARY 16, 2021
  • Shipper credulity strained after 2M's last-minute Asia-Europe blanking
  • Truckers join protests in Myanmar adding to pressure on supply chains
  • Air Canada Cargo spreads its wings to build e-commerce and freighter fleet
  • Rhenus expands again, buying BLG Logistics freight forwarding network
  • ASL Aviation takes up option for 10 more 737-800BCFs - but for whom?
  • 'Trading with the EU becoming financially unviable for some firms', MPs told
  • Covid border delays could force Germany's car plants to close
  • Changes at Dachser ASL: Tobias Burger and Ralph Riehl new regional MDs

Marine Logweb site
FEBRUARY 16, 2021
  • SAFE Boats adds to business development team
    Bremerton, Wash., based aluminum boats specialist SAFE Boats International reports that Mark Stott has joined it as Business Development Director for the U.S. Western Region for government customers and private/commercial customers worldwide.
  • Fairbanks Morse opens new service center
    Beloit, Wis., headquartered engine manufacturer Fairbanks Morse has opened its 8,000-square-foot Mayport Service Center at 950 10th Street, Building B in Jacksonville Beach, Fla. The facility represents a $350,000 investment and places
  • OPINION: Will Ferrell is right, Norway is a model for energy policy
    by Aaron Smith, President and CEO, OMSA Like most Americans, I spent the Monday following the Super Bowl thinking about the ads. What stuck in my mind was GM's ad featuring Will
  • Waterways Council names Dustin Davidson as Government Relations Director
    Bringing extensive Capitol Hill experience to the job, Dustin Davidson has been named Director, Government Relations of Waterways Council, Inc. Davidson most recently served as professional staff member for the House of
  • CRS issues update on Waterways Commerce Cutter
    The Congressional Research Service (CRS) has released an updated "In Focus" brief on the U.S. Coast Guard's Waterways Commerce Cutter (WCC) program, which envisages procuring up to 35 replacements for the Coast
  • Brunvoll to equip Van Oord cable layer
    The next generation cable layer recently ordered by Van Oord will have a complete propulsion and maneuvering system supplied by Molde, Norway, based Brunvoll AS. As we reported earlier, (see story) the
  • Shipping faces "safety gap" as it transforms
    A white paper released by classification society DNV GL identifies a looming "safety gap" between shipping's existing approach to safety risks and its plans for greater digitalization and the adoption of alternative

Lloyd's Listweb site
FEBRUARY 16, 2021
  • Danaos reports 'outstanding turnaround' for the container industry
    Dr Coustas said market participants were 'caught by surprise as the chronic underinvestment in capacity coupled with a sudden resurgence...
  • Maersk sees continuing surge of imports at its North American terminals
    The Lunar New Year has resulted in 'no significant' slowdowns in demand out of Asia and there could be missed...
  • MR tanker rates rally on US cold snap
    Closures of US Gulf refineries restrict pipeline shipments to east coast, spiking product prices and opening up arbitrages
  • P&I clubs 'getting big rate rises' as renewal deadline looms
    'I'm told by my underwriting people that we are getting what we want, largely. I think we're doing it, I...
  • IMO working group to examine Gulf of Guinea piracy
    The International Maritime Organization will form a piracy working group at its Maritime Safety Committee session in May amid 'deep...
  • Dry bulk fundamentals attracting post-coronavirus investment, says Cleaves
    Cleaves Securities head of research Joakim Hannisdahl is very bullish about the dry market. He says generalist money is looking...
  • Does shipping need its own ammonia rules?
    The ability to safely use ammonia on ships will be a key factor for its success in the maritime industry...
  • Tankers upgraded on outlook for post-pandemic demand
    Tanker earnings seen as lacklustre until fourth quarter but asset and share prices have bottomed, says Norwegian investment bank
  • AI-powered platform aiming to improve ship efficiency
    Bearing has raised $3m from its two investors US-based AI Fund and Japanese conglomerate Mitsui & Co
  • Shipowners call for EU low-carbon fuel requirements on suppliers
    The European Community Shipowners' Association wants the European Commission to impose low-carbon fuel production targets on fuel suppliers and to...
  • ABB's data integration platform bridges digital gap
    ABB has worked across several industrial sectors. It found that digital silos is a common problem. The Ability Genix platform...
  • VLGC spot earnings fall 26% in a week
    A six-month time charter with further options and an Angolan tender for the second half of March should help revive...
  • Daily Briefing
    Free to read: Sanctions-busting shipowners exploit 'vulnerable' P&I Clubs | Renewal round 'not genuine hard market', says broker | Antwerp...

The Journal of Commerceweb site
FEBRUARY 16, 2021
  • Logistics failures costing business: US exporters
  • Forager launches cross-border load board
  • UP shuts down most of intermodal network for weather
  • Melbourne dock workers begin walkout actions to protest automation
  • Hapag-Lloyd predicts 'exceptional' Q1 on elevated demand
  • US inventory shortfall drives seemingly 'never-ending' peak season
  • Flexport tackles its PO management gap
  • No seasonal slowdown for air cargo demand

TradeWindsweb site
FEBRUARY 16, 2021
  • Boost to bulker markets expected from fast-growing Chinese demand for grains
  • Icy conditions see panamax bulkers fixed at red-hot rates, FFAs sizzling
  • Eneti selling last two Ocean Yield-owned ultramaxes in wind shift
  • Bunker Holding sees rejigs at subsidiaries, group level
  • Hapag-Lloyd profits to soar but tones down expectations for 2021
  • Market upturn gives shipping companies a chance to show they are investible
  • AIDA Cruises to start sailing again in late March
  • As bulker shares climb, asset prices will likely follow, says Cleaves
  • DNV GL warns of looming 'safety gap' from new technologies
  • Seanergy Maritime buys 12th capesize amid improving market
  • Danaos Corp's profit jumps 28% amid 'outstanding turnaround'
  • Isabelle Durant to lead Unctad until permanent secretary general appointed
  • Legal dispute rages in Puerto Rico crash of Norwegian Cruise Line ship
  • Shipping figures look for a way into the blank-cheque game
  • Spacs are all the rage for investors - but can shipowners get a slice?
  • Oaktree and Macquarie eye ship lease expansion after 'unique' finance deal
  • Project seeks to cut crew on coastal ship as young reject on-board jobs
  • Ocean Yield facing Indian court battle over FPSO tax claim
  • Bulkseas Marine sells panamax as scrap prices inch back up in Bangladesh
  • Tackle the crew-change crisis or risk labour shortage, Jamaican official says
  • Chemnav and fellow Greeks shed ageing suezmaxes in fleet renewal
  • V.Ships to crew world's first LNG-fuelled fast ferry
  • SNAM invites interest on FSRU for Sardinian project
  • Meiji Shipping emerges as buyer of Shell's secondhand LNG carrier duo
  • Total ties up Minerva LNG carrier newbuilding in multi-year deal
  • Older tankers to reduce speed by up to 35% to meet EEXI rules, Alafouzos says
  • Arne Fredly in talks to save Axxis Geo as it files for court protection
  • PIL appoints former MPA man as fleet division general manager
  • Bid deadline extended in $544m battle for Shipping Corp of India
  • Mother and daughter arrested after posing as yard owners to sell vessels
  • Small panamax boxship breaks record in sleepy Oslo port
  • Carbon reset gives boxship owners a chance to reinvent their business
  • 'The time for cover is over': bullish Okeanis bets on tanker spot market
  • Astoria, the oldest cruiseship afloat, will go under the hammer on Friday
  • US seizure of crude aboard Marinakis VLCC an 'act of piracy', says Iran
  • Sohmen-Pao sees role for Singapore as maritime decarbonisation hub
  • Seaspan 'one of very few' that could have sealed 10-ship LNG-fuelled boxship order

American Shipperweb site
FEBRUARY 16, 2021
  • Shipping stocks are suddenly revving up across the board
    It's not just container stocks rising. Shipping stocks are up for everything from bulkers to tankers to gas carriers.
  • Amazon Air paves way for third-party delivery
    Amazon is an e-commerce rocket ship. Making those deliveries possible is Amazon Air, which is growing so fast it could make it possible for more...
  • Career Tracks: Plug Power charts growth with new CMO
    Preeti Pande, the hydrogen solution provider's chief marketing officer, comes with extensive fuel cell industry experience and a Ph.D.

The Bunker Bulletinweb site
FEBRUARY 16, 2021
  • Contango in prompt LSGO hits narrowest level in 11-months despite low demand
    The contango in prompt ICE low sulfur gasoil futures reached the narrowest level in 11 months on Feb. 15 at 75 cents/mt, as lower supply helped to balance low demand in the European distillates markets and the energy complex remained buoyed by vaccine hopes and OPEC+ cuts.
  • VLGC rates in steepest freefall in two decades, hopes on return of Chinese LPG trade
    Very Large Gas Carrier, or VLGC, rates extended their sharpest freefall in around two decades to seven-month lows at $37/mt, S&P Global Platts data showed, with more short-term downside seen, on low shipping activity and a closed Western arbitrage, shipping sources said Feb. 16.
  • Only scrubber-fitted VLCCs seeing positive earnings as bunker prices spike: sources
    The rising discounts high-sulfur fuel oil is enjoying over its low-sulfur cousin have resulted in a clear two-tier market for Very Large Crude Carriers, where tankers with scrubbers are showing daily earnings, while those without are running into losses, market participants said Feb. 16.
  • Glencore gets pandemic trading boost despite weaker volumes
    Mining and commodity giant Glencore posted a 41% jump in trading earnings for 2020 as a spike in market volatility during the upheaval caused by the COVID-19 pandemic offset a slide in its traded volumes of oil and metals.
  • Baltic Sea ice-class Panamaxes shatter 14-year records for time-charter rates
    Time-charter rates for Panamax and post-Panamax dry bulk ships were heard fixed in the market at $100,000/d or more Feb. 16, causing a stir among market participants.
  • IMO 2020 has 'changed attractiveness' of Suez Canal bunkering: ports consultant
    Some 18,000 ships passing through Egypt's Suez Canal every year are using the Europe/Mediterranean region and Houston to fuel up after the introduction of the International Maritime Organization's low sulfur fuel mandate last year "changed the attractiveness" of Suez Canal bunkering, according to a ports consultant.
  • European 0.5%S marine fuel crack hits double figures on run cuts, eastern demand
    The European 0.5% sulfur marine fuel crack hit double figures Feb. 15 for the first time since Feb. 20 last year, as reduced refinery runs continued to constrain availability while a pull of product eastward added pressure on supply.
  • US Gulf Coast refined product prices jump as subfreezing weather shuts refineries
    Extreme cold weather is wreaking havoc along the western Texas Gulf Coast, as record-high demand for electricity is creating power shortages, shutting down refineries and petrochemical plants, while sending market players scrambling for internet access as power outages rotate throughout the region.
  • Global oil prices, more than improved demand, push Latin America bunker values
    The strength seen in Latin America bunker fuels so far in February is mainly related to advances in global oil markets, as major regional hubs, such as Panama and Brazil, have risen in tandem with those international markers, according to S&P Global Platts data and market sources.
  • US crude inventories likely lower as refinery runs hold, exports grow
    US crude inventories likely continued to fall in the week ended Feb. 12, as refinery runs were stable while crude exports climbed, analysts surveyed by S&P Global Platts said Feb. 16
  • OIL FUTURES: Refined products lead complex higher on Texas outages
    Petroleum futures settled higher Feb. 16, as frigid temperatures cut into refinery operations and oil production in Texas.

›››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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