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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
12:21 GMT+1
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BRIEFS
July 19, 2021
Exim Indiaweb site
JULY 18, 2021
  • MOL & Methanex announce agreement on key commercial terms for strategic partnership
  • ONE launches new eCOM feature "Proactive Notification"
  • Swire Shipping expands product range to offer landside logistics services
  • Exports jump by 48.34 pc, imports 98.31 pc in June
  • India poised to export 10 lakh bales of cotton every year to Bangladesh
  • Deendayal Port handles large windmill blades shipment
  • Shippers seen opting for airfreight due to high ocean freight rates
  • Telangana plans dry port
  • 'Exporters are finding it difficult to get adequate containers & book space on vessels'

International Transport Journalweb site
  • Bidder in the shadows

The Loadstarweb site
JULY 16, 2021
  • 'This madness must stop' - clients go bust as shipping lines pile on surcharges
  • South-east Asia hit by new lockdowns just as exports start to pick up
  • Evergreen releases slow-sailing Ever Given's port call itinerary
  • Workforce diversity: 'why would you not want an even richer talent pool?'
  • Road and maritime transport sectors voice concern over Green Deal revisions
  • Cosco request for 10 neo-panamaxes pushes orderbook to 21% of the fleet
  • Profile: a logistics Reformation on the road in just eight weeks
  • Charles Baker takes over as chief executive at DCT Gdansk
  • Against the odds: GXO Logistics on the throne

Marine Logweb site
JULY 16, 2021
  • MOL takes stake in world's largest operator of methanol-fueled vessels
    Methanex Corporation (TSX:MX) (NASDAQ:MEOH) and Japan's Mitsui O.S.K. Lines Ltd. have reached an agreement that will see MOL pay $145 million for a 40% minority interest in Methanex's Waterfront Shipping subsidiary. Vancouver,
  • Damen wins CSD order from Paraguay
    Damen Shipyards Group has signed a contract to supply Paraguay's Ingeniería de Topografía y Caminos S.A. (T&C) with a customized CSD 500 cutter suction dredge. T&C will use the dredge to transform
  • MSC and Shell to cooperate on decarbonization
    Under a long-term memorandum of understanding, MSC Mediterranean Shipping Company (MSC) and Shell International Petroleum Company Limited (Shell) have agreed to work closely together to help accelerate the decarbonization of global shipping

Lloyd's Listweb site
JULY 16, 2021
  • Two cheers for EC shipping decarbonisation package
    Regional unilateralism is never the best approach for regulation. But if this battle has to start in Europe, so be...
  • The Lloyd's List Podcast: Shipping's coalition of the willing
    Our sustainability editor Anastassios Adamopoulos caught up with Johannah Christensen, the new chief executive of the Global Maritime Forum this...
  • Wallenius Marine newbuildings discounted 10% on 'sustainable' design
    Newbuilding order comes as short-term charter rates for 6,500 ceu ships gain $10,000 per day in six months
  • Nautilus threatens industrial action at P&O Ferries
    Officers' union threatens industrial action after P&O Ferries reopened a route using agency staff on lower pay and longer hours...
  • Diana buys first bulker for four years
    Dry bulk carrier owner Diana Shipping has historically been a buyer during downturns rather than when the market is strong
  • What we learned from the EU emissions salvo
    Shipping and its emissions will become much more expensive as the EU takes control of emissions policy for the industry...
  • Five factors shaping the future of shipping innovation
    The Lloyd's List 'How to Innovate in Shipping' webinar looked at how smart ideas and smart money can help shipping...
  • South Africa disruption continues to affect box shipping
    Carrier offices and depots remain closed. Hapag-Lloyd has joined Maersk in not charging detention fees while ports closed
  • MSC and Shell to collaborate on decarbonisation
    MSC believes efforts to get to net-zero emissions will require a variety of options. Shipping will need to partner with...
  • Ever Given further delayed by weather routing
    Cargo interests will have to wait until the end of the month before Ever Given finally reaches northern Europe. The...
  • Chinese crew leave bulker after 14 months
    The local government in China's Zhenjiang city has greenlighted the changeover for the crew members, who were petitioning for the...
  • Asian sea robberies down 35%
    The anti-piracy body raises alarm over the situation in the Singapore Strait. Incidents are likely to continue to occur there...
  • Daily Briefing
    Free to read: Greek owners question EC emissions proposals but welcome charterer focus | Maersk backs EU's green quotas as right...
  • MOL expands methanol footprint with stake in Waterfront Shipping
    MOL says its partnership intends to advance the commercialisation of methanol, including renewable methanol, as a viable marine fuel
  • Cosco orders 10 mega boxships in $1.5bn spree
    Cosco Shipping Holdings says the orders will enable the company to 'maintain its first-tier position in the industry' and support...

The Journal of Commerceweb site
JULY 16, 2021
  • BNSF axes Northern California-Ohio joint service with CSX
  • Average container rail dwells at Vancouver rise above 10 days
  • FedEx Express invests in India's hot e-commerce market
  • India logistics vets launch digital forwarding platform
  • Maersk brings direct Europe loop to South India amid transshipment woes

TradeWindsweb site
JULY 16, 2021
  • Nissen Kaiun emerges as owner of VLGCs booked at Hyundai Samho
  • ABN Amro chief explains call to sell $700m US book
  • Thenamaris continues to build bulker fleet - despite rising prices
  • BP joins LNG carbon offsetting cargo throng with first shipment
  • Win-win deal for LR2s and aframaxes amid 'dirty-to-clean' shift, says Vortexa
  • Boxship touted to have attained 'highest-ever rate' as booming market continues
  • Bunker buyers seek strength in unity amid regulatory risks
  • Tanker sales could be only way for Concordia to see 'meaningful' profit
  • Struggling Uljanik selling off 3 Maj shipyard in Croatia
  • Summer interns to help Klaveness with decarbonisation push
  • Seafarer dies from stroke after power loss on reefer off Djibouti
  • Shell and MSC join forces to speed up shipping's decarbonisation
  • Morten Muller takes reins at Grieg Shipbrokers amid 'brighter' markets
  • English court refuses to back down in Eastern Pacific wrongful arrest row
  • Ince raising funds to help salvage Windrush anchor
  • Ince's Clark believes shared love of punk will win over Shapps to Windrush monument
  • Seafarers on abandoned VLGC in Iran caught up in sanctions web
  • Onassis sets fresh VLCC price benchmark with sale to Far East buyers
  • Old school ties helped forge new ammonia bunkering alliance
  • Ammonia bunkering: Norwegians join forces to provide missing link
  • Singapore jails director of marine services company for dishing out bribes
  • MOL increases methanol exposure with 40% stake in Waterfront Shipping

American Shipperweb site
JULY 16, 2021
  • A cruel summer for shipping stocks as tide turns
    Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
  • President of Panama lauds nations' ties in visit to Port Houston
    The president of Panama, Laurentino Cortizo Cohen, visited Port Houston Thursday to celebrate five years since his country completed the expansion of the Panama Canal.
  • US DOT approves emergency cargo flights to Cuba
    The Cuban government blames the U.S. economic embargo for its woes. The situation has worsened and authorities are allowing some cargo airlines to make flights...
  • Shipper to Congress: Inflation 'rampant' through supply chain
    Supply chain bottlenecks are raising red flags for inflation down the road.
  • Full steam ahead: Why container ships are racing across the Pacific
    Container ships in the congestion-plagued trans-Pacific trade have stepped on the gas, with some vessels now topping 20 knots.

The Bunker Bulletinweb site
JULY 16, 2021
  • CONTAINER PREMIUMS: Midmonth premium increases bring trans-Pacific all-inclusive spot market to fresh highs
    Ocean carriers took a raft of freight all-kind (FAK) and premium service increases on July 15, which pushed all-inclusive freight rates to new highs as shippers continued to compete for heavily constrained equipment and space.
  • OIL FUTURES: Crude prices make small gains after rough week for oil, products
    Crude oil futures managed to finish a rough week by making small gains July 16 following a rollercoaster day that saw prices go up, down and ultimately up again.
  • Argentina oil, gas producers look to expand processing, transport capacity
    Argentina's oil and natural gas producers are taking steps to expand processing and transport capacity with the view to increasing exports, as investment conditions look poised to improve with new legislation, oil executives said July 14.
  • Mexico intensifies fight against illegal fuel imports
    The Mexican government is stepping up its efforts to combat fuel contraband as volumes of illegal fuel rise to unprecedented levels, hurting tax revenues and biting at Pemex's market share.
  • International Seaways, Diamond S Shipping merge to form tanker giant
    **Merger forms second-largest US-listed tanker company by vessel count **Firming bunker prices stifle margins
  • ARA fuel oil stocks down 2.3% on week at 1.207 million mt: Insights Global
    Traders reported good volumes in the Mediterranean 0.5% sulfur marine fuel market, as weakened freight rates meant that arbitrage deliveries to Singapore were less possible.
  • Med gasoline flips to premium versus NWE amid diverging fundamentals
    **Med gasoline prices rise to premium versus NWE **Lackluster NWE gasoline exports to US in H1 July
  • OIL FUTURES: Crude steady amid uncertainty over demand, OPEC+ output
    Prices have fallen overall in the week to July 16, driven by expectation of an agreement between Saudi Arabia and the UAE on production levels.
  • BUNKERWORLD INDEX: OPEC concerns outweigh bullish signals in bunker markets
    **Tighter VLSFO supply at Singapore **Bad weather in Med to hamper HSFO availability **Panama market cools down after recent price rises
  • HONG KONG DATA: May fuel oil imports down 29% on year at 3.8 mil barrels, up 96% on month
    **January-May imports fall 21% to 15.9 million barrels **Pandemic quarantine rules cut bunker demand
  • SINGAPORE DATA: Residue stocks rise 1.17% on week as fuel oil exports fall 23%
    **Fuel oil exports fall as volumes to South Asia, North Asia, Philippines plunge **Fuel oil imports fall as volumes from Europe, Russia, Africa decline to zero
  • China launches national carbon market; first CO2 trades at $8.20/mt
    **China rolls out nationwide carbon trading for power sector **Carbon price may make some coal plants uneconomic: Platts Analytics
  • Singapore-delivered marine fuel 0.5%S premiums at 3-month high on tight supply, demand uptick
    Traders have attributed the firming valuations to an uptick in demand in the recent past, while on the supply side, expectations are for the market to increasingly feel the pinch from tightening availability.
  • Hong Kong yet to see full recovery in bunker demand after lifting quarantine rule
    **China's competitive prices take away demand from Hong Kong **Bunker-only calls not favorable amid high freight rates
  • Japan's MOL partners with Methanex for advancing methanol as a marine fuel
    **MOL to acquire 40% stake in Waterfront Shipping **Decarbonization goals in focus for shipping

›››File
FROM THE HOME PAGE
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
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