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05 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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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
At the end of the year Fret SCNF will cease to exist and the activity will be detected by the new companies Hexafret and Technis
St. -Ouen
The deal is aimed at averting the payment of 5.3 billion euros.
Tzitzikostas : At the beginning of my mandate I will present a strategy for European ports
Tzitzikostas : At the beginning of my mandate I will present a strategy for European ports
Brussels
"The competitiveness of the transport sector must be based on sustainability," the European Commission said.
Norwegian Cruise Line Holdings records record quarterly revenue
Miami
In the July-September period of this year, the group's ships have embarked on 812mila passengers (+ 9.7%)
The intermodal hubs of Melzo and Milan Smistamento will be retaken in the ZLS of the port and retroport of Genoa
Milan
Deliberation approved by the regional junta of Lombardy
It amounts to 39 billion euros per year the public investment needed to decarbonize European transport.
It amounts to 39 billion euros per year the public investment needed to decarbonize European transport.
Brussels
The estimate in a new study of Transport & Environment
The crisis in the Red Sea has caused a hole of six billion dollars in Egypt's coffers
The crisis in the Red Sea has caused a hole of six billion dollars in Egypt's coffers
Cairo / Alexandria
Scali at the Egyptian port of El Dekheila of the services of Vuxx Shipping between China and Russia
In the third quarter, freight traffic in Chinese seaports grew by 1.7% percent
Beijing
The only volumes to and from abroad have increased by 5.0%
In the July-September quarter, naval traffic in the Bosphorus Strait grew by 6.4%
Ankara
In the first nine months of 2024, the increase was 7.1%
DFDS will not acquire the international transport network of Ekol Logistics
Copenhagen / Istanbul
Exchange of allegations : The Danish group claims that certain contract conditions have not been met ; the Turkish company replies that it has received a discount request in the last 24 hours
In the first quarter of this year, traffic in European Union ports fell by -3.2% percent.
In the first quarter of this year, traffic in European Union ports fell by -3.2% percent.
Luxembourg
The only traffic in containers (+ 5.2%) is growing. Still doubts about the figures attributed to Italy
ECSA and T&E are calling for the Clean Industrial Deal to support the energy transition of shipping
Brussels
Among the demands, make ecological naval fuels available in ports
In the July-September quarter, ONE revenue grew by 65.2% percent.
In the July-September quarter, ONE revenue grew by 65.2% percent.
Singapore
The volumes of containers carried by the fleet increased by 6.6%
In the third quarter, the financial and operational results of COSCO were substantially increased.
In the third quarter, the financial and operational results of COSCO were substantially increased.
Shanghai
The volumes of containers carried by the fleet increased by 8.6%
Maersk records glowing quarterly results
Maersk records glowing quarterly results
Copenhagen
A strong performance in the containerized shipping industry has been decided. Also growing terminal and logistics
Confitarma lists actions to increase the contribution of shipping to the Italian System
Naples
Le Aziende informanoSponsored Article
ITS Costruttori, il futuro dei cantieri inizia in Accademia
Oltre 420 posizioni aperte in 17 corsi totali, con un tasso di occupazione post diploma di circa il 95% in media
In the third quarter the traffic in goods in Turkish ports decreased by -1.8%
Ankara
Volumes to and from Italy have increased by 2.9%
The Court of Appeal in Reggio Calabria gives reason to the AdSP of Gioia Tauro in the litigation that juxtaposes it to the Corap
A litigant remains pending in front of the Court of Cassation
Maersk signs an agreement with Chinese LONGi to supply its own dual-fuel vessels of methanol
Copenhagen
The Danish group already has agreements in place to meet more than 50% percent of its demand for methanol planned for 2027
Royal Caribbean again records financial results and record quarterly operating
Royal Caribbean again records financial results and record quarterly operating
Miami
In the July-September period, revenues increased by 17.4%
The association of European ports is alarmed for the planned reform of EU funding to transport infrastructure
Brussels
Transport policy and transport funding must be based on a European approach.
In the third quarter of this year, the transits of large vessels in the Panama Canal were down -38.3% percent.
In the third quarter of this year, the transits of large vessels in the Panama Canal were down -38.3% percent.
Balboa
-36.9% reduction in the volumes of goods transported through the Central American waterway
CMA CGM associates with Marsa Maroc for the management of a container terminal in the port of Nador
Marseille
Expected an investment of 280 million
Maersk confirms participation in service between Turkey and East Coast USA with scallops in Salerno, Livorno and Tanger Med
Copenhagen
Will be activated on 1st February 2025
Hapag-Lloyd will introduce shots at Italian ports in two services between the Mediterranean and East Coast USA
Hamburg / Haifa
Touches in Genoa, Livorno and Salerno in collaboration with ZIM
In the third quarter the terminals of COSCO Shipping Ports handled 29.1 million containers (+ 4.8%)
Hong Kong
Wan Hai Lines orders eight new container ships from 16,000 teu
Taipei
Committed to South Koreans HD Hyundai Samho and Samsung Heavy Industries
Fincantieri-EDGE agreement for the development of solutions for the underwater needs of military navies
Abu Dhabi / Trieste / Paris
The joint venture Maestral will deal with the design, development and construction of underwater systems
WSC, crucial mandate of new European commissioner for transport to ensure decarbonisation of shipping
Brussels
The shipowner association indicates some other priorities to be addressed
Federagents ready to illustrate to institutions the priorities of Italian ports
Rome
Pessina : available to our know-how to suggest the measures to be taken
Sébastien Romani is the new CEO of Forship Spa
Go Ligure
Subenters to Giuseppe Scognamiglio
Restyling of the landing area of the Cruserists in the port of Catania
Catania
In 2023 the traffic of cruises in the Sicilian stopover increased by 43.7% percent.
Resume work for the completion of the commercial docks of the Milazzo Port
Messina
The realization of 18,000 square metres of new aprons is planned.
In the third quarter, Kalmar's turnover fell by -16% percent.
Helsinki
New orders increased by 6%
Approved the 2025 forecast budget of the West Liguria AdSP
Genoa
Ok also at the annual review of the Triennale Operating Plan 2023-2025
Approved the 2025 forecast budget of the Central Adriatic System Authority of the Central Adriatic
Ancona
The first crane arrived to make Giammoro's pontile operating near Milazzo.
Messina
Will be installed by end of year
Green light to the forecast budget and the three-year plan of the work of the Eastern Liguria's AdSP
The Spezia
In the first nine months of 2024 the traffic of containers at Spezia grew by 8.1% percent. On 14 and November 15 the event "A Bridge To Africa"
Approved the forecast budget 2025 and the POT 2025-2027 of the AdSP of the Southern Tirreno and Ionian
Joy Tauro
Port of Livorno, seized a 40-pound load of cocaine
Livorno
Tracts under arrest three people
Approved the 2025 forecast budget of the AdSP of the Northern Tirreno
Livorno
Ok unanimous also at the Triennale Operating Plan 2024-2026
Rail Cargo Group activates a rail service between Belgrade and the port of Rijeka
Vienna
Two weekly rotations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
HHLA reaps upward forecasts for the full financial year 2024
Hamburg
Also expected to be a slight increase in the volumes of container traffic handled by port terminals
In the third quarter, the revenues of COSCO Shipping Ports grew 11.2%
Hong Kong
In the first nine months of 2024, the increase was 5.8%
Approved the 2025 forecast budget of the AdSP of the Sardinia Sea
Cagliari
Also free from the three-year programme of works
Savino Del Bene has acquired the Seabridge Transport in Hamburg
Hamburg / Florence
The company was already acting as the administrative headquarters for the German operations of the Italian group.
In the third quarter, freight traffic in Albanian ports grew by 14.0% percent.
Tirana
In the first nine months of this year, the increase was 14.3%
In 2026, for the first time, MSC Cruciere ships will reach Alaska
Geneva
"MSC Poetry" will carry out weekly itineraries from Seattle
COSCO Shipping Lines orders six new container ships from 13,600 teu to Hudong-Zhonghua Shipbuilding
Shanghai
They will be taken in delivery by 2027
Wärtsilä records a robust uptickdown in quarterly turnover
Helsinki
In the July-September period, the value of new orders rose by 1% percent.
Unified concession for formal act for the Intergroup terminal in Gaeta port
Cyvitavecchia
Has a duration of 12 years
Arrive in the port of Gioia Tauro the last two of the 13 new quay cranes of the MCT
Joy Tauro
They can work on capacity container carriers up to 25mila teu
Assologistic has published a practical guide to customs reform
Milan
Illustrated and analyzed the novelties and critiques of the new legislative plant
In the third quarter, shipping containers in Spanish ports increased by 9.9% percent.
Transhipment traffic grew by 13.2% percent, the import-export trade of 6.4% percent.
USB Mare and Porti criticizes the agreement for the renewal of the contract of port workers
Rome
Signed the voluntary agreement "Ancona blue agreement"
Ancona
The aim is to reduce the impact of emissions from cruise ships, ro-ro and ferries that climb the dorsal port.
Italian Coast Guard and the Italian Academy of Mercantile Academy in support of the Maritime Administration of Ukraine
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
On Friday, the public assembly of Federagents will be held in Rome.
Rome
The Federation celebrates the 75 years since its founding
Spediporto has organized a two-day trip on the Green Logistic Valley and Italy-China trade
Genoa
It is scheduled on 22 and October 23
››› Meetings File
PRESS REVIEW
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
Russia and India join forces in the Arctic, leaving China aside
(News.Az)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Fincantieri opens in San Francisco a center for the development of dual-use technologies applicable both in civilian and military sectors
Trieste / San Francisco
It is housed at the Mind the Bridge Innovation Center
Japan's MHI-MME initiates a license agreement with Chinese Jiangsu Masada
Nagasaki
The aim is the development of the production and sale in China of turbochargers for two-stroke marine engines
By November the ownership of the Victory Shipyard will go to CNV
Venice
Mantovan (Veneto Region) : A new trade union agreement will be built that will cover the 48 workers in organic
In the third quarter, the commercial activity and financial performance of Konecranes grew
Helsinki
The value of new orders for the supply of port means increased by 44.1%
In 2025, a 3.9% increase in cruising traffic in Adriatic ports is expected
Ravenna
Responses Tourism believes that the traffic of ferries, catamarans and aliscafi will record further slight growth
COSCO Shipping Ports acquires stakes in the two port terminals of Hutchison Ports in Laem Chabang
Hong Kong
Investment of 110 million
GNV has taken delivery of the new ferry GNV Polaris
Genoa
First of four new ro-pax units built in China, it will enter service by January
John Xylas will be the new president of Intercargo.
John Xylas will be the new president of Intercargo.
London
He will subordinate to Dimitrios Fafalios, who has been named honorary president
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