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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:13 GMT+1
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BRIEFS
May 20, 2021
Exim Indiaweb site
MAY 19, 2021
  • J. M. Baxi handles very heavy cargo at Mumbai Port
  • Cotton exports up
  • Enhancement of facilities under the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017
  • Mangoes exported from Andhra Pradesh to South Korea
  • Operations suspended at Port Pipavav due to impact of 'Cyclone Tauktae'; to resume in June
  • Changes introduced through the Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2021
  • Global trade sees strongest rebound from Covid-19 crisis in Q1 2021
  • 'Our aim with the roll-out of ECU360 is to democratise technology within the sector'

International Transport Journalweb site
  • Change of perspective required
  • Green transport option in Ireland
  • Sennder picks senior director
  • ZIM maintains last year's course
  • Takeovers in cold storage continue
  • Singapore MRO company enters freighter leasing market
  • DFDS is coming back
  • Reach Airports appoints CEO
  • Project logistics market on the upswing
  • New rail technology in Eastern Russia
  • Near Highway 169 and Route 66
  • US patent for routing forecast tool
  • Groundbreaking for site in Scarborough
  • Green growth in the fleet
  • Women at sea face gender discrimination
  • "Curiosity of the Day"
  • Two more widebody freighters for Latam Group

The Loadstarweb site
MAY 19, 2021
  • Clash over 'inaccurate' claims of high rollover rates and congestion at Port Klang
  • An SAF first for AF-KLM, ahead of new guidelines to help carriers cut emissions
  • Rise in container traffic and global economic recovery may be growing apart
  • Warehouse operators 'in the driver's seat' as demand and costs keep rising
  • New DFDS cross-Channel ferry will arrive from China ahead of schedule
  • UK rail needs a 'freight evangelist' and manifesto so its voice can be heard
  • Analyst Angus Tweedie to join XPO spin-off GXO Logistics as SVP
  • From Covid to clothing: the shifting air freight market
  • In defence of the US Jones Act
  • Against the odds: The CMA CGM needle in a haystack - 'safe haven'

Marine Logweb site
MAY 19, 2021
  • Fully-electric ferry features Schottel propulsion
    Equipped with two Schottel RudderPropellers, the 42- by 11-meter Sandøy is the first-fully electric ferry for Norwegian operator Brevik Fergeselskap. Recently launched by Holland Shipyards Group, it will operate operate in the
  • Ørsted and Eversource partner with fishermen's consortium
    Joint-venture partners Ørsted and Eversource are to collaborate with Sea Services North America to support safe navigation in and around Northeast offshore wind farms, including the 704-megawatt Revolution Wind project serving Rhode
  • Frontline swoops on six VLCC newbuild resales
    John Fredriksen controlled Frontline Ltd. (NYSE and OSE: FRO) reports that it has entered into an agreement for the resale acquisition of six latest-generation ECO-type VLCC newbuilding contracts. The six VLCCs are
  • All-electric ferries will connect to shore power autonomously
    Bømlo, Norway, based Zinus AS is to supply autonomous charging connections for the 10 all-electric ferries currently under construction at Spain's Astillero Gondán. As we reported earlier, the ferries are being built
  • SEACOR Power: NTSB issues preliminary report
    The National Transportation Safety Board has issued a preliminary report on the April 13 loss of the lift boat SEACOR Power. The report sets out the facts of the event, but reaches

Lloyd's Listweb site
MAY 19, 2021
  • Capital group reaps the benefit of timely boxship buys
    Four 13,100 teu newbuildings on order at Samsung Heavy Industries being acquired by Wan Hai for just over $445m
  • From the News Desk: Is LNG fuel worth it?
    Maersk dismisses claims LNG will help shipping decarbonise. Vague environment reports make it harder to gauge progress. IMO prepares for...
  • OECD calls for 'significantly stringent carbon pricing' for shipping
    The Organisation for Economic Co-operation and Development and the Dutch government have told the global maritime regulator it needs to...
  • Arctic oil fields keep loss-making Sovcomflot afloat
    The offshore services division supplying shuttle tankers and ice-supply vessels for Arctic oil and gas projects nearly surpassed tanker earnings...
  • Zim lifts guidance after record-breaking first quarter
    This time last year Zim was loss-making. Now it is preparing to pay investors a special dividend on the back...
  • Capital Gas charters two LNG newbuildings to Cheniere
    Two ships fixed to US operator Cheniere Energy for up to six years, including optional contract periods
  • Like people, ships respond better when treated individually
    Ships handle differently in heavy weather and perform differently when laden or in ballast. Offering a one-stop solution to the...
  • Grounding seen as biggest cause of bulk carrier losses
    There were 128 lives lost in all bulker incidents in the 10 years to 2020, compared with 173 in the...
  • Around 90 people missing after barge sinks in Arabian sea
    Though the eye of the cyclone is slowly disintegrating, the storm has not significantly weakened
  • World boxship fleet update: A fine balance
    The chances of boxship orders leading to overcapacity are a million to one. But still they come.
  • Gard chief executive defends small deficit
    Gard's '104% is one of the best combined ratios you will find in the industry, very close to the target...
  • Stena's LNG unit wins Vietnam power project contract
    The project will take off once its developer nails down a power purchase agreement with the Vietnamese government
  • Daily Briefing
    Free to read: IEA says shipping won't reach zero emissions by 2050 | IMO prepares for heavy lifting in finalising...
  • Frontline buys six eco VLCC newbuilds for $566m
    Company did not identify the ships but said that the sextet was currently under construction at the Hyundai Heavy Industries...
  • Southern Californian ports' supply chain metrics improve
    The National Retail Federation forecasts the import volumes at the ports of Los Angeles and Long Beach in the first...

The Journal of Commerceweb site
MAY 19, 2021
  • Latest Long Beach terminal automation draws ILWU backlash
  • US drayage drivers quitting as rail ramp congestion crimps pay
  • Rising US trailer demand hits roadblocks
  • Citing congestion, US shipper group calls for Shipping Act update
  • Zim boosting container capacity by half to meet demand
  • Cyclone-related port closures compounding pressure on India trade
  • US intermodal service levels fall under import surge
  • Convoy broadens drop-and-hook reach to spot freight

TradeWindsweb site
MAY 19, 2021
  • Crew jabs at Walmart: How the US is taking the lead on seafarer vaccination
  • Panama flag falls from grace with China, meaning ships will pay full price at ports
  • Is a restored dividend about to send Star Bulk shares to the moon?
  • Venezuela hikes crude exports with aid from opaque tanker operators
  • Bouchard Transportation scores $90m in fresh financing amid bankruptcy case
  • Maersk Supply moves into Norway with new base and new ship
  • After Frontline swoop, Fredriksen says he's always on the lookout for more tankers
  • That zero-carbon ship won't design itself, you know
  • Okeanis pledges no fleet expansion after $121m sale of tanker trio
  • Clarksons says shipping is back to pre-pandemic levels after 'exceptional recovery'
  • 'Extremely bullish': Alafouzos says VLCC rates could top last year's record boom
  • Vega Reederei inks order for boxship quartet at China's Yangfan Group
  • Tanker queue lengthens in western Indian due to Cyclone Tauktae
  • Hard to go green, but even dirty tankers must be incentivised to do it
  • Methanol is front runner for Wartsila as it tests ammonia
  • Spot tankers send Sovcomflot to a loss as it sells $430m bond
  • DHT Holdings and Hafnia forge period charter deals despite doldrums in tanker market
  • Insurer Gard reports profits and growth in difficult year for claims
  • Why can't we imagine calling time on crude? It's in our blood
  • Yasa Shipping makes VLCC debut with former Xihe Group ship
  • Liberian Registry claims 'historic milestone' as it grows to 200m gt
  • Genco Shipping grabs two ultramax resales in further fleet renewal
  • US looking to buy secondhand tonnage to refresh military supply fleet
  • Zim looks to $1bn windfall this year after posting record quarter
  • Essberger kicks off fleet renewal with order for up to eight dual-fuel tankers
  • Crew jabs at Walmart: How the US is taking the lead on seafarer vaccination
  • X-Press Feeders places a bet on nuclear reactors with Core-Power investment
  • Hunter Group investors prove reluctant to part with shares in buyback
  • Tristan Smith: 'The climate doesn't care what's on a certificate'
  • IEA tips ammonia to account for 45% of bunkers in 2050, but cost are an issue
  • North P&I Club backs collision avoidance technology
  • Chinese leasing outfits book boxship giants at CSSC shipyards for MSC charters
  • Former Fred Olsen cruiseship Boudicca to be recycled in Turkey
  • VLCCs dominate as tanker orders maintain momentum, says SSY
  • Evergas-Ultragas venture partners with Carbfix on CO2 capture, shipping and storage
  • Adnoc L&S guns for growth on multiple fronts
  • Shipping and logistics arm Adnoc L&S eyes growth along with its parent

American Shipperweb site
MAY 19, 2021
  • Shipper group pressures Congress to clamp down on ocean carriers
    Shippers call on lawmakers to expand government oversight of contracts between ocean carriers and their customers.
  • How ZIM, a smaller ocean carrier, is blowing away the big boys
    ZIM is the liner most exposed to upside from America's import binge. It's taking full advantage of the situation.
  • Sea change: Testing maritime uses for alternative energy
    The Energy Observer is on a seven-year cruise to publicize the role alternative energy could play in the shipping industry.

The Bunker Bulletinweb site
MAY 19, 2021
  • REFINERY NEWS: Minor incident at Greece's MOH, situation 'under control'
    Greece's Motor Oil Hellas said May 19 that it had a minor incident at its Corinth refinery earlier in the day, but the situation was "fully under control."
  • INTERVIEW: Monjasa sees energy transition accelerating bunker credit challenges
    **Demand, not regulation will drive future fuel choice **No clear demand for new fuels yet **0.5% fuel oil competitive at present
  • China to launch action plan on peak carbon emissions by 2030 for all sectors: NDRC
    China is expected launch its nationwide ETS in June.
  • FUJAIRAH DATA: Oil product stocks climb as light distillates avert record low
    **Gasoline exports at one-year low **Trader surprised about jump in light ends **Fuel oil inventories at two-week high
  • JAPAN DATA: March bonded bunker fuel oil exports rise 7% on year to 3.2 mil barrels
    **Demand strong from term customers **March sales rise 17% on month
  • JAPAN DATA: May 9-15 oil products output falls 5% on week to 14.24 mil barrels
    Local refiners slashed their output of low sulfur fuel oil by 55.3% on the week to 0.41 million barrels.
  • JAPAN DATA: May 9-15 oil products exports rise 29% on week to 1.58 mil barrels
    Low sulfur fuel oil exports rose 46% over the same period to 379,822 barrels.
  • Japan's MOL to reenter ammonia transport business, signs time charter with Trammo
    MOL was active in the ammonia transport business until 2016 and this contract marks its return to the field, it said.
  • Asian gasoil-marine fuel spread hits 18-month high as market fundamentals diverge
    On the marine fuel front, persisting weak demand from the downstream bunker market has weighed on valuations.
  • India's April LPG imports near 1 mil mt, extends downtrend: shipping data
    Lower imports also followed a recovery in domestic LPG output in March from a five-month low.
  • Norway's Frontline snaps up six VLCCs under construction for $565.8 million
    Frontline said five vessels will be delivered during the first quarter of 2022 while the last one in Q1 2023.

›››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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