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03 December 2024 - Year XXVIII
Independent journal on economy and transport policy
18:27 GMT+1
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BRIEFS
March 3, 2022
Exim Indiaweb site
  • JNPT achieves all-time high fiscal throughput of 5.15 million TEUs
  • Coverage on export transactions to Russia not withdrawn: ECGC
  • Gati Shakti could significantly bring down India's logistics cost: Goyal
  • Long-term ocean freight rates on the rise again, now seen also impacted by geopolitical uncertainty
  • You Ask... We Answer...
  • DPA Board's first meeting takes important infrastructure-related decisions
  • MOL completes acquisition of Utoc Corporation
  • Tea export prospects brighten
  • India on course to achieve farm exports of $50 billion in FY22
  • AD Ports Group acquires Divetech Marine; extends range of services offered by its maritime cluster

International Transport Journalweb site
  • Cryo... what?
  • Many trucks en route in Ukraine
  • Milestone for K+N's roadmap in 2021
  • Brussels Airport expands cargo team
  • ACS begins airlifts for Ukrainian refugees
  • MOL's takeover of Utoc completed
  • Rail/road transports stopped from and to Russia
  • US class I railway planning big investments
  • New WMS installed in Sweden
  • Afraa and Yaapa sign MoU
  • AA Cargo's 'life sciences and healthcare' suite
  • Sixth unit of GG5G operational
  • On the digital path between Italy and Turkey
  • Screw coupling to be phased out
  • "Curiosity of the Day"
  • New York welcomes new pilot boat
  • Roger Guenther to join Hall of Fame
  • Mexican and Spanish delegations welcomed in Dubai

The Loadstarweb site
MARCH 2, 2022
  • Logistics companies follow carriers and axe services to Russia
  • Air capacity plummets as Japan's carriers mull halting operations to Europe
  • Shippers with an eye on tougher sanctions cancel China-Europe rail bookings
  • India and Bangladesh fear trade disruption and payment challenges
  • TPM 22: Bigger ships on the transpacific at heart of congestion problem
  • TPM22: Importers plea for early west coast labour contract talks, as uncertainty bites
  • Cainiao offers cheaper Ningbo-Bangkok delivery to online shoppers
  • Comment: AI can flatten the port infrastructure utilisation curve
  • Analysis: Kuehne doesn't outclass DSV - yet it's done and dusted with a bang

Marine Logweb site
MARCH 2, 2022
  • Ukraine: "Warlike Operations Areas" for seafarers designated
    The Joint Negotiating Group (JNG) of maritime employers and the International Transport Workers' Federation (ITF) have designated areas in the Black Sea and the Sea of Azov as "Warlike Operations Areas," triggering
  • MARAD: $25 million available for America's Marine Highway Program
    The U.S. Maritime Administration (MARAD) today announced the availability of $25 million in funding for the America's Marine Highway Program (AMHP), which supports the development and expanded use of America's navigable waterways.

Lloyd's Listweb site
MARCH 2, 2022
  • Northern Black Sea designated as 'warlike area' to aid seafarers
    Groups representing seafarers and their employers agreed to extra pay, benefits and rights for seafarers caught in the Ukraine war...
  • Russian shipping blacklist revealed as EU readies port ban
    Moves by the UK and EU to ban Russian vessels from entering port will need to take account of thousands...
  • Ukraine crisis to have biggest impact on air freight logistics
    Kuehne+Nagel is closed for business in Ukraine and is only taking humanitarian bookings for Russia. Cargo flights from north Asia...
  • IG clubs review Russian obligations as sanctions arrive
    Moves come after the West of England P&I Club confirms that it will no longer cover two FESCO vessels singled...
  • Dry bulk rates recover after negative reaction to Ukraine crisis
    More than a dozen bulkers are stuck at Ukrainian ports since February 22, according to Lloyd's List Intelligence data
  • Sanctions impact raises concern among South Korean shipbuilders
    Shipbuilders are reeling from the uncertainty over whether they could get paid for constructing the fresh tonnage and whether newbuild...
  • Torm expects volatility to remain for 'a long time'
    While initial sanctions against Russia have not targeted oil or refined product trades, the company has decided to stop taking...
  • Lawyers warn of Russia exposure risks as sanctions tighten
    Vetting counterparties for sanctions risk has become much harder amid unprecedented sanctions on Russia, and more are expected. The rapid...
  • Boxship capacity deficiency to prevail until 2023
    The projected containership fleet growth of about 4% this year will not be enough to offset global supply chain issues...
  • Amplify Energy sues shipping companies over California oil spill
    A lawsuit was filed this week in connection with an incident in the past year in which 25,000 gallons of...
  • German owners hope to benefit from box shipping recovery
    German shipowning was hit hard by the KG crisis a decade ago. The pandemic has put another break on recovery...
  • CMA CGM raises cyber threat risk level
    French carrier has become the latest to suspend bookings to and from Russia. The line has also increased its alert...
  • Malaysia denies entry to sanctioned Russia-flagged tanker
    Malaysia's move comes as a Singapore-based analyst warned that Russia may employ more 'phantom ships' to expand illicit trade of...
  • Taiwanese port issues stricter coronavirus testing rules
    Vessels with positive cases on board will be held at the anchorage for up to 14 days. But containerships can...
  • Daily Briefing
    Shipping is falling short in cyber preparedness | The Lloyd's List Podcast: Why is shipping still not prepared for cyber...

The Journal of Commerceweb site
MARCH 2, 2022
  • TPM22: DCLI adding 40,000 domestic chassis to fleet
  • Loss of AN-225 in Russian attack a blow to Ukraine's Antonov Airlines
  • TPM22: Carriers cast wary eye on USWC labor talks
  • TPM22: Flexi-Van CEO expects limited chassis supply growth in 2022
  • Disruption forcing US importers to take greater control of landside logistics

TradeWindsweb site
MARCH 2, 2022
  • International Seaways sees rates build without lifting Russian cargoes
  • Blow-back for lines as Russia sanctions worsen congestion
  • Greek buyer strikes for Concordia tanker at depressed price level
  • Judge cuts Evergreen's collision liability after landmark Supreme Court ruling
  • Salvage Union suspends Russian member Marine Rescue Service
  • Torm CEO: Tanker trade will shift as more oil and gas firms disengage with Russia
  • Altera Shuttle Tankers eyes longer charters after falling to loss for 2021
  • Crew on ships trapped in Odessa fear for their lives as fighting nears
  • International Seaways cuts losses with old tanker sales
  • Black Sea and Sea of Azov designated 'War Like Operations Area' for seafarers
  • Fidelis Insurance signs up to Poseidon Principles for Marine Insurance
  • Ukraine war sends first ripples through S&P markets
  • Seven Russian VLGC cargoes per month could need replacing, BW LPG says
  • Danica says contact being lost with seafarers and families in Ukraine
  • Technip takes a gamble on Red Box Arctic transit
  • Bunker prices hit record highs as crude climbs to $113 per barrel
  • Torm braces for across-the-board volatility amid Ukraine war
  • Former JP Morgan banker Hollingworth steps up as Clarksons chairman
  • West of England pulls cover from Russia's Fesco ships as P&I clubs prepare to act
  • Fleet renewal: Shearwater sends four vessels for green recycling
  • Invasion of Ukraine leaves its seafarers feeling even farther from home
  • Cosco Shipping (Singapore) sees full-year profit surge 261%
  • Software outfit Hanseaticsoft wins Japanese deal
  • Adnoc L&S gives Jiangnan Shipyard its first LNG carrier export orders
  • 'Rogue tankers' take up residence at Shandong anchorages

American Shipperweb site
MARCH 2, 2022
  • Kuehne + Nagel 2021 earnings swell on 50% air, ocean margins
    Kuehne + Nagel is the biggest air and ocean logistics provider and it's pushing the right buttons for fast growth.
  • Tanker shares jump as war rages; other shipping shares mixed
    Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.
  • Expeditors outlines severity of cyberattack, partially resumes operations
    Expeditors International is desperately trying to recover from a major cyberattack that has degraded its logistics capabilities.

The Bunker Bulletinweb site
MARCH 2, 2022
  • European fuel oil feedstock traders search for non-Russian VGO as restrictions mount
    Russia's refineries are major producers and exporters of fuel oil feedstocks such as high and low sulfur vacuum gasoil, which are processed in the secondary units of complex plants.
  • Fuel oil exports from Russia's Tuapse seen at 480,000 mt in March
    Only the first three cargoes have a nominated vessel, with the remainder yet to be named.
  • Istanbul HSFO surges $100/mt to near 10-year high as Black Sea disruption bites
    HSFO is a small market in Istanbul and most of the volumes arrive as exports from the Black Sea.
  • European bunker markets feel the heat of Russian sanctions
    Most bunker suppliers said they have taken a wait and see approach to buying Russian oil.
  • Long Range tanker owners primed to carry crude oil as dirty market flourishes
    The LR1 and LR2 sectors have been weighed on for a number of weeks by a closed arbitrage to the East for Western naphtha amid skyrocketing naphtha prices in Europe and a lack of demand from Asian petrochemical crackers.
  • EU countries look to Brussels for decision on Russian oil tanker, shipping ban
    The EU declined to comment on whether it was considering a European-wide ban on Russian shipping.
  • Spot prices for all bunker grades in Latin America reach new record highs
    In several ports in the region, the two other bunker grades, marine gasoil and high sulfur IFO 380, climbed to levels not seen since 2013-2015, and in the case of the high sulfur bunker in Cartagena, its strongest value in almost a decade.
  • Asia ex-China refiners see plenty of alternatives for Russian crude oil
    As Russian crude makes up only 1%-6% of overall crude imports by Asian economies, excluding China, major refiners across the region indicated that it wasn't too difficult setting up contingency plans with several US, Middle Eastern, West African and Southeast Asian crude grades set to be included in the list of potential replacement grades for Russian crudes that the companies regularly procure.
  • Goldman sees upside to $115/b oil price forecast after 'insufficient' IEA stock release
    The IEA agreed March 1 to release a total of 60 million barrels of oil stocks to calm crude prices in response to Russia's invasion of Ukraine with the US providing half of the total inventories.
  • Asian Aframax freight for shipping Far East Russia ESPO crude nearly double
    Since Russia started its military operations in Ukraine, market participants paused to assess the legal, financial, administrative, and operational implications involved in loading Russian crude.
  • Malaysia denies entry to Russian-flagged Aframax, 'strictly' observes UN sanctions: official
    An executive with a Malaysian tankers' owner confirmed that the government has not permitted the tanker to call at any of its ports. The Linda had loaded cargo via ship-to-ship transfer at end January in the Persian Gulf, and in February had floated near Sri Lankan waters for a few days, the executive said.
  • Zhoushan's March ex-wharf marine fuel 0.5%S premiums settle lower on ample supply
    Market sources attributed the softening to Chinese refiners producing more low sulfur fuel oil after the government increased the export quota volume in its first batch of allocations for 2022.
  • FUJAIRAH DATA: Oil product stocks dip following record increase a week ago
    Low sulfur fuel oil cargoes at Fujairah are tight but barge supply has been steady, and any impact from the Russia-Ukraine conflict has yet to be seen, traders said.
  • RUSSIA DATA: February oil output up 0.5% on month at 11.05 mil b/d
    Russian oil exports were at 17.23 million mt, or about 4.51 million b/d, in February.
  • JAPAN DATA: Oil products output rises 13% on week to 20.51 mil barrels
    Production of low sulfur fuel oil rose 56.3% week on week to 1.44 million barrels in the week to Feb. 26, and high sulfur fuel oil production increased 37.7% to 1.09 million barrels over the same period.

›››File
FROM THE HOME PAGE
PORTS
Signed the act for the rebalancing of the concession in chief of Venice Terminal Passengers
Venice
Spain : The aim is to "create a new normal", which is aimed strongly at an upper-middle customer segment, with the aim of creating a pole for luxury cruises in Venice, " he said.
PORTS
In October, freight traffic in the ports of Genoa and Savona-Ligure
Genoa
Recorded increases of 2.5% and 21.9%, respectively. It continues the downturn of cruises in both scallops
CRUISES
Fincantieri has delivered the new cruise ship Viking Vela to Viking
Trieste / Los Angeles
Can accommodate 998 passengers
The government of Montenegro wants to bring the port of Adria back under state control
PORTS
The government of Montenegro wants to bring the port of Adria back under state control
Podgorica
Will evaluate the possible acquisition of the majority stake in the Turkish Global Ports Holding
PORTS
China's seaports handled record cargo traffic for October
China's seaports handled record cargo traffic for October
Beijing
Containers amounted to over 24.4 million TEU (+6.2%)
Stable the traffic of goods in the port of La Spezia in the period of July-September
PORTS
Stable the traffic of goods in the port of La Spezia in the period of July-September
The Spezia
Marina di Carrara has been recorded a decrease of -15.6%
PORTS
At Spezia they don't want a president of the AdSP "parachuted"
The Spezia
They ask for a president "plug & play" able to deal with the problems right away
PORTS
Defined the location in the port of Gioia Tauro of the construction site for the bridge over the Strait of Messina
Joy Tauro
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
PORTS
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
Ankara
Expected the realization of a terminal container
SHIPPING
T&E calls for EU measures to limit ship speed and greater use of wind propulsion
Brussels
Summary complaint of the organization on the progress made by the shipping industry for decarbonisation
CUSTOMS
To extend the customs corridor to goods in export and on transhipment in the port of Spezia
The Spezia
He was speaking at a meeting between the AdSP and the Customs Agency.
SHIPPING
After Maersk, Hapag-Lloyd also initiates an agreement with Chinese Goldwind for supplies of green methanol
ENVIRONMENT
Messina (Assshipowners) : yes to the environmentalist push, but the timing and the ways are wrong
Rome
Local, often untimely, local norms have the only effect of moving traffics out of the Old Continent.
PORTS
Port of Ravenna, final visit of the EU representative to the project "Ravenna Port Hub : Infrastructural Works"
Ravenna
The European contribution has been more than 30 million euros.
TRANSPORTATION
In 2023, the performance of road and rail transport services fell in Switzerland.
Neuchâtel
Modal shares remained unchanged
INTERMODAL TRANSPORT
New intermodal service Melzo-Marcianise of Hannibal
Melzo
Two weekly rotations that from the first quarter will rise to three
PSA and Evergreen to jointly operate container terminal in Singapore
PORTS
PSA and Evergreen to jointly operate container terminal in Singapore
Singapore
The new company will become operational by the end of 2024
In the third quarter economic growth of trade in goods and services of G20
TRADE
In the third quarter economic growth of trade in goods and services of G20
Paris
Down the value of goods to and from China
PORTS
Omanita group Asyad will manage the port of al-Suwayq for 40 years
Muscat
The expansion of the stairway and the construction of a quay
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INTERMODAL TRANSPORT
Memorandum of Understanding for the creation of an intermodal terminal in Budapest
Astana
A delegation of the Kazakh KTZ Express to the port of Rijeka
SHIPPING
The BIMCO has adopted the FuelEU Maritime Clause
Copenhagen
The European regulation will enter into force next January.
SHIPPING
Kenon Holdings (Idan Ofer) announces the next exit from the capital of ZIM
Singapore
Currently owns 19.8 million shares
PROGRESS AND TECHNOLOGY
NIM and EH Group will develop hydrogen fuel cell technologies for shipping
PORTS
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
PORTS
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
COMPANIES
The Zephyr Group snaps up Singaporean Twinco and Germany's Carl Baguhn
The Spezia
The two companies operate in the area of spare parts and components for diesel and gas engines
SHIPPING
Rixi, without the ETS review, European maritime fleets will continue to suffer a competitive disadvantage
Rome
According to the deputy minister, it is necessary to intervene at the root of the problem
PORTS
PSA Italy continues in purchase of equipment for Marghera terminal
Genoa
Committed total value of 8.5 million euros for three rubber-tyred gantry crane electric
JOBS
Corsica Sardinia Ferries in search of navigating personnel
Go Ligure
The wanted profiles are different, for machine areas, room and kitchen
PROGRESS AND TECHNOLOGY
Agreement for the digital integration of the FS and AdSP Polo Logistics systems of the Western Liguria
Genoa
SHIPPING
New Oriental Mediterranean Service-Adriatic via Malta of CMA CGM
Marseille
Will have a weekly frequency
COMPETITION
Brussels to give state aid for 1.9 billion euros to German railway company DB Cargo
Brussels
ASSOCIATIONS
Renewed the Governing Council of Wista Italy
Milan
Constancy Musso confirmed president
SHIPPING
Maersk completes orders to three shipyards for 20 new container ships
Copenhagen
In Yangzijiang Shipbuilding committed for six 17,000 teu ships and two from 9,000 teu. At Hanwha Ocean and New Times Shipbuilding ordered six units from 15,000 teu each
ASSOCIATIONS
Biagio Mazzotta assumes the post of Vice-President of the Federation of the Sea
Rome
President of Assonave will be running for vice president of ENMC
PORTS
ESPO calls on the new EU Commission to maintain and strengthen the CEF programme
Brussels
The exhortation is also to better adapt it to the needs of ports and their stakeholders
EDUCATION
The agreement on training between the AdSP of the Tirreno Centre Northern, the ITS Academy, " G. Caboto " and the European Escola
Cyvitavecchia
SHIPPING
Consultation on the extension of the UK ETS to the maritime sector
London
Shipping would be included since 2026
COMPANIES
MSC completes acquisition of a minority stake in HHLA
Hamburg
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
ONE acquires a stake in Jakarta's NPCT1 terminal container
Singapore
It has a traffic capacity of 1.5 million teu per year
PORTS
Transped orders a mobile crane Konecranes Gottwald for its Porto Marghera terminal
Helsinki
It will be taken in delivery in the second quarter of next year
LOGISTICS
Dutch Raben Group and Swiss elvetica Sieber Transport make up a joint venture
Oss / Berneck
It will detect the Swiss company's groupage transport activity
LOGISTICS
Dachser & Fercam Italia has opened a new branch in Arezzo
Bolzano
Three thousand square meters of operational surface area and 400 of offices
SHIPYARDS
Fincantieri initiates agreement with SIMEST for the growth of watermark businesses
Milan / Trieste
MEETINGS
Conference for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
PORTS
Approved the Plan of the Organic Ports of Sardinia
Cagliari
There are 938 workers in the 36 enterprises operating in the scallots
OFFSHORE
Saipem has awarded an EPCI offshore contract from BP in Indonesia
Milan
SHIPPING
Container ship charterer MPCC's revenues fell by -28% in the third quarter
Oslo
RAILWAY TRANSPORT
Fermerci reports delays and cuts to incentives for rail freight transport
Rome
Paper: Real risk of losing 115 million euros
PORTS
In the third quarter, traffic in shipping containers of Moroccan Marsa Maroc increased by 5% percent.
Casablanca
Exhaustion of the growth of transshipment volumes
SHIPYARDS
At Samsung Heavy Industries orders for the construction of four 16,000-teu container carriers
Busan
Commits the value of about 781 million
ENVIRONMENT
Eni-MSC agreement in the field of sustainability and energy transition
San Donato Milanese
It was subscribed by Claudio Descalzi and Diego Aponte
PORTS
The Grimaldi terminal in the port of Barcelona has been equipped with Onshore Power Supply
Barcelona
It will become operational in January
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
MEETINGS
Conference for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
››› Meetings File
PRESS REVIEW
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
SHIPYARDS
South Korea's HJSC adjusts a salesperson for four new 7,900-teu container ships
Busan
ASSOCIATIONS
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
LOGISTICS
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
INDUSTRY
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
ASSOCIATIONS
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
PORTS
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
SHIPYARDS
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
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
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