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24 January 2025 - Year XXIX
Independent journal on economy and transport policy
15:50 GMT+1
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BRIEFS
June 3, 2022
Exim Indiaweb site
  • Asish Kumar Bose given additional charge as Managing Director of Indian Ports Association
  • Rail freight revenue up 22 pc in May
  • Exim Integrated Club celebrates 4th Get Together & Networking Meet
  • Chennai Port achieves new barytes loading record
  • Hapag-Lloyd closes acquisition of DAL's container liner business
  • Steel exports down in April
  • India seen growing at 7.3 pc in FY23
  • Rice export not to be regulated: Govt
  • CMA CGM stops transporting plastic waste
  • Sugar exports seen lower in 2022-23
  • Schedule reliability improvement reversed in April 2022

International Transport Journalweb site
  • Railfreight business booming in Saudi Arabia
  • DHL investing AUD 17 million at Brisbane airport
  • On the way to a fully electric fleet
  • Covering the Hispanic world
  • Average Adjusters elect Sir Nigel Teare
  • Spanish Ports on pre-pandemic levels
  • CDB Aviation strengthens partnership with Avianca
  • Military transport for the Middle East
  • Cargo sous terrain gains ground
  • New locomotive type for Hungary
  • Port of Brussels: change at the helm
  • EUR 70 million to modernise BRU's cargo zone
  • First electric push boat christened
  • Both fish and fowl
  • 800 e-trucks by 2026
  • "Curiosity of the Day"
  • Chapman Freeborn names Reto Hunziker
  • Spare parts for all Europe

Marine Logweb site
JUNE 2, 2022
  • U.S. Treasury takes aim at Putin's yachts
    Today, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) took further actions aimed at degrading the key networks used by Russia's elites, including President Vladimir Putin, to attempt
  • LNG carrier completes landmark autonomous voyage
    In a world first, the 180,000 cu.m LNG carrier Prism Courage arrived at the Boryeong LNG Terminal in South Korea today after completing a 33 day voyage from the Freeport LNG terminal,
  • NTSB reports on $700,000 fire on 64-year old towboat
    An engine room fire aboard a towing vessel was caused by overpressurization of the fuel day tank and a main engine fuel return system when a fatigued chief engineer inadvertently left the

Lloyd's Listweb site
JUNE 2, 2022
  • China Merchants Port issues $500m in bonds
    The proceeds will be used to support the company's daily operations, including the repayment of existing loans
  • FMC probe absolves carriers of profiteering blame
    A two-year investigation by FMC commissioner Rebecca Dye concluded that elevated freight rates are a result of a surge in...
  • Daily Briefing
    Dozen ships alongside in Ukraine could be declared total losses | Owners put heat on fuel suppliers ahead of EU...

The Journal of Commerceweb site
JUNE 2, 2022
  • US DOT gives funds to Georgia inland port rail upgrades
  • European short-sea ro/ro market undercut by Russian sanctions
  • New Asia-East Coast service calls on Leatherman Terminal
  • Schneider-UP pitch new partnership directly to shippers
  • Top US Shippers: Electronics imports hit record high in 2021 despite slower growth
  • Trans-Atlantic air cargo market edges closer to recovery

TradeWindsweb site
JUNE 2, 2022
  • Koch's $30.7m deal for Enesel tanker shows two-year high for LR2 period charters
  • Meadway Shipping hits 12-ship mark with Norden ultramax buy
  • Global Ship Lease sells $350m in notes to pay off Hayfin Capital loan
  • Greece makes slow progress in offloading cargo from seized Iranian tanker
  • Special report: New ambitions blossom in Greek shipping
  • Streetwise: No one has paid dividends longer than NAT, but does anyone care?
  • Hartmann-Abou Merhi fund kickstarts second ship fund with purchase of tanker pair
  • Norway and Ghana join forces on Gulf of Guinea piracy resolution at UN
  • Dr Heinrich Schulte: Regrets? I've had a few ...
  • Indonesian seafarers saved after roping together raft made from iceboxes
  • Shipping comes home to world's top ownership nation
  • Bimco sets up new Houston office and plans Brussels arm
  • Clarksons says offshore ships back in the limelight as availability shrinks
  • LNG-fuelled order tally for 2022 tops 150 ship mark in record quarter
  • 90POE joins Veracity to boost Zodiac Maritime's emissions reporting
  • German 'bad bank' logs whopping profit as 70 ships sold
  • Gram Car Carriers stock could pop if ship values catch up with rates
  • South Korean shipbuilder seals $1bn worth of newbuilding contracts
  • Four bulker officers charged in Philippines after fatal fishing boat clash
  • 'Looting': Russian 'republic' to create merchant fleet from cargo ships stuck in Mariupol
  • Maersk, Cargill and PSG pump $50m into decarbonisation platform ZeroNorth
  • Anglo-Eastern buys Miami-based cruise ship manager CMI
  • China's HNA Technology snaps up secondhand vessel for domestic trades

American Shipperweb site
JUNE 2, 2022
  • Air cargo market fades 8% in May, faces summer of uncertainty
    The air cargo market continues to lose altitude in the face of an overall economic slowdown and supply chain dislocations. Whether swiftly changing conditions enable...
  • Ship fuel enters uncharted territory as prices hit new wartime peak
    It took longer than expected, but the IMO 2020 investment pitch - save on ship fuel by installing scrubbers - is paying off big time.
  • Atlas Air adds freighter for Cainiao as Boeing winds down 747-8 production
    The last four 747-8 freighters to roll off Boeing's production line this year are going to all-cargo operator Atlas Air, which announced Thursday the first...

The Bunker Bulletinweb site
JUNE 2, 2022
  • OPEC+ decides to speed up oil production hikes to offset sanctions on Russia
    OPEC+ ministers will meet again June 30 to monitor the agreement and reassess market conditions, the coalition said in a statement.
  • EU ban on insuring Russian ships signals potential oil market risk
    Insurance could also add to already high shipping costs, with freight rates assessed by S&P Global Commodity Insights at elevated levels this year.
  • Russia seeks to shore up Middle East ties with OPEC+ set to meet on July oil quotas
    Russian foreign minister Sergei Lavrov was in Saudi Arabia for talks with counterparts from the region, while a delegate-level OPEC+ advisory technical committee was convening to review market conditions.
  • Russian foreign ministry says EU oil sanctions will lead to further price rises
    Hungarian imports via Druzhba are currently at around 20,000 mt/day, Peter Szijjarto, Minister of Foreign Affairs and Trade of Hungary said June 2.
  • China Sinopec forays in Singapore bunker market
    With Sinopec addition, there are now 42 licensed suppliers in Singapore, which has seen its accredited bunker supplier list shrink from over 50 in September 2017 to 45 in January 2021 and 41 in August 2021.
  • EU Russian ships insurance ban to distort commodities trade: sources
    Sources with a few tankers charterers in Asia said a small part of the global tankers and dry bulk fleet has already started to specialize in trading in Russian oil, coal, grains and refined products, notwithstanding the financial roadblocks.
  • MARINE FUEL 0.5%S: Supply tightness on cutter stock shortage to remain through summer
    The global marine fuel 0.5%S market saw extreme supply tightness in May because of a lack of cutter stock, a trend sources said is likely to continue in the coming months.
  • FOB Singapore MOC fuel oil trades rise 6.5% on month in May
    Singapore marine fuel 0.5%S trade volume fell 12% month on month to 440,000 mt in May, the data showed.
  • China tight LSFO stocks push Zhoushan-delivered differentials to fresh highs
    Platts started assessing Zhoushan-delivered marine fuel 0.5%S from July 1, 2019.
  • Beijing focus on energy security to undermine Chinese fuel outflows, refiners' export earnings
    Surging Asian middle distillate cracks have encouraged major refiners in South Korea and India to ramp up fuel exports, but Chinese refiners have been unable to capture the lucrative margins, the strategist said.

›››File
FROM THE HOME PAGE
Container traffic at the Port of Los Angeles grew by 19.3% last year
Los Angeles
In the fourth quarter alone the increase was +21.5%
HMM signs agreement with JNPA to collaborate on development of new Indian port at Vadhvan
Seoul
The port will have a container traffic capacity of 23.2 million TEUs
EU customs reform must make trade and business easier
Brussels
23 organizations underline this in a joint statement
Launch in Ancona of the luxury cruise ship Four Seasons I
Trieste
Fincantieri to deliver the unit to Four Seasons Yachts at the end of 2025
Launch event in Brussels of the European Maritime Skills Forum
Brussels
In 2024, the port of Tanger Med handled a record traffic of 10.2 million containers
Anjara
New peaks also in other business segments
South Korea's KSOE wins order to build 12 18,000 TEU containerships
Seoul
HD Hyundai Heavy Industries' turnover increased by +21.1% in 2024
Fire breaks out on the Rospo Mare B oil platform off the coast of Vasto
Rome
There were no injuries or traces of pollution in the sea
Galaxy Leader Sailors Freed
London
Today the 25 crew members left Yemen on board a plane
Contract with Russian company that managed Syrian port of Tartous terminated
Damascus
The agreement included investments of 500 million dollars
Brussels OKs DP World-Arcese Automotive Joint Venture
Brussels
Initially, the activity will be carried out in France and Poland
Royal Caribbean orders sixth Edge-class cruise ship at Chantiers de l'Atlantique
Miami/Saint Nazaire
It will be taken over in 2028
Louis E. Sola is the new chairman of the Federal Maritime Commission
In 2024, ship transits through the Suez Canal decreased by -50%
Ismailia
The total was about 13,200 units compared to over 26,400 in 2023
Uiltrasporti urges to restore measures to support rail freight transport
Rome
Definitive cancellation of the 65 million fund from the Budget Law
The Trump unknown also weighs on the Panama Canal
Washington
While the tycoon dreams of taking it over with weapons in hand, a bill proposes to start negotiations with the Panamanian government
FSG bankruptcy trustees announce interest from multiple investors in shipbuilding group
Rendsburg/Flensburg
These are German companies operating in the same sector
Port of Long Beach closes 2024 with new annual, half-year and quarterly container traffic records
Long Beach
Total freight traffic also reached a new historical peak during the year.
The Biden administration's latest move is to accuse China of seeking dominance in the maritime, logistics and shipbuilding sectors
Washington/Beijing
Harsh reaction from Beijing's Ministry of Commerce and the China Shipyards Association
The AdSP of the Central Tyrrhenian Sea confirms the commitments made towards its employees
Naples
The organization hopes "that a climate of relaxation can be restored"
Uniport, exemption from compulsory insurance for vehicles used in port terminals is a good thing
Rome
Hanoi government authorizes initial investment for new port planned by MSC and VMC
Hanoi
Vietnam Port Development Plan to 2030 Approved
Filt, Fit and Uilt announce a resumption of the strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
New protest action scheduled to start on February 3rd
Annual container traffic at PSA port terminals exceeds 100 million TEU for the first time
Singapore
Record in both Singapore and overseas terminals
Confitarma calls for the urgent reinstatement of the rule on simplified recruitment of seafarers
Rome
Sisto: Simplification has proven to be an important step forward for the sector
Sharp drop of -17.1% in freight traffic in the port of Taranto in 2024
Taranto
In the last quarter alone the decline was -3.0%
Container traffic in Hong Kong port decreased by -4.9% in 2024
Hong Kong
In the fourth quarter alone, 3.5 million TEUs were handled (-2.7%)
New NATO mission to strengthen protection of undersea infrastructure in the Baltic Sea
Mons
The use of a small fleet of naval drones is also planned
In 2024, the port terminals of China's CMPort handled a record container traffic
Hong Kong
The total was 146.3 million TEU (+6.4%)
Yang Ming also renews service between Western Mediterranean and US East Coast
Keelung
In Italy stopovers in Salerno, La Spezia, Genoa and Vado Ligure
Twelve associations call for agreeing on measures to improve rail capacity management in the EU
Brussels
Genoa Port Terminal, green light for provisional concession until next June 30
Genoa
The Management Committee of the Western Ligurian Sea Port Authority has unanimously decided this
In 2024, passenger traffic managed in Genoa by Stazioni Marittime decreased by -4.4%
Genoa
Ferries stable and cruises down -9.8%. Cruise activity expected to increase in 2025
CMA CGM to remove Livorno calls from Amerigo service, replacing them with calls at Salerno
Marseille
New configuration in line with that of the Ocean Alliance partners
From April, Ocean Alliance ships will call at seven Italian ports, four of which will be visited only by COSCO/OOCL
Shanghai/Hong Kong/Taipei/Marseille
Salerno will enter and Livorno will exit the new configuration of the containerized maritime services network
Leonidsport (Louis-Dreyfus family) submits offer to acquire 21% of Thessaloniki Port Authority
Athens
The expected investment is up to approximately 57 million euros
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
Rolls-Royce wins record contract for Royal Navy submarine fleet
London
Eight-year, £9bn contract
Transported, the DURC in road transport is used to avoid paying for services
Rome
The rules - the association denounces - are openly violated by the clients
Kombiverkehr restores rail link between Lübeck port and Verona
Frankfurt am Main
Schedule two departures per week in both directions
AD Ports signs deal to build logistics park at Alexandria Port
Cairo
The business will be developed with the Holding Company for Maritime and Land Transport
The Panama Canal is and will continue to be Panamanian
Davos
This was underlined by the president of the Central American nation, José Raúl Mulino
Autamarocchi acquires control of Dissegna Logistics
Trieste
The Rossano Veneto company operates in the intermodal transport sector
Rubboli (Assologistica): Italian ports need more efficient and coordinated governance
Milan
Port of Ravenna, incentives for the purchase of "green" port vehicles
Ravenna
Maximum ceiling of 300,000 euros for each beneficiary
20% of Omani Asyad Shipping Company's capital up for sale
Muscat
Listing on Muscat Stock Exchange expected
Order to Circle for the management of data relating to rail and intermodal traffic of a port
Milan
ANSFISA adopts guidelines for the assessment and risk management of the rail transport of dangerous goods
Rome
Over 217 kilos of cocaine seized in the port of Livorno
Leghorn
They were hidden in a container containing wood from South America
Merlo leaves the presidency of Federlogistica to Davide Falteri
Rome
Logistics - he underlined - is one of the drivers of the national economic system
Germany is studying a network of floating terminals for the import of clean hydrogen
Berlin
Memorandum of understanding signed by SEFE and Höegh Evi
The executive design service for the reclamation of the Molo Italia seabed in La Spezia has been awarded
The Spice
Fratelli Cosulich orders fourth methanol-ready unit
Genoa
It will be built by Taizhou Maple Leaf Shipbuilding
In Spain, a logistics network for rail transport of biofuel to ports is being studied
Madrid
Agreement between Adif and the Exolum Group
MSC Interested in Starting Shipbuilding and Repair Business in India
Gurgaon
Comparison with the naval engineering company Swan Defence And Heavy Industries
Luka Koper has ordered four new rubber-tyred gantry cranes from Konecranes
Coper
They will be the first vehicles powered exclusively by electricity at the Slovenian airport
LNG and bio-LNG bunkering vessel arriving at the port of Genoa
Genoa
It will be able to provide both "ship-to-ship" and "ship-to-truck" services
Last year, cargo traffic in Russian ports decreased by -2.3%
St. Petersburg
The largest volume of cargo, exports, fell by -1.9%
Höegh Autoliners secures two multi-year contracts for car transport
Oslo
Agreements with two car manufacturers with which it has been collaborating for years
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Malta sees record cruise traffic in 2024
Florian
357 ships docked for a total of over 940 thousand passengers
Cavotec to provide electrification systems and technologies for Italian ports
Lugano
Three orders worth a total of seven million euros acquired
Pirate attacks on ships decreased by -3% last year
London
In the last quarter, an increase of +76% was recorded
COSCO Shipping Ports Sets New Annual and Quarterly Container Traffic Records
Hong Kong
In the whole of 2024, 111.9 million TEUs were handled (+5.7%)
Alberto Maestrini (VARD) elected President of SEA Europe
Brussels
The association represents the European shipbuilding industry
Molo Brin areas in Olbia handed over to Quay Royal
Construction of a marina for mega yachts is planned
Port of Singapore Sets New Container and Non-Oil Bulk Records in 2024
Singapore
The Asian port handled a total of 622.7 million tonnes of goods (+5.2%)
The Italian Maritime Academy Technologies has acquired a new technical headquarters
Castel Volturno
Includes a 37-meter, 100-ton command bridge with 1:1 scale operating environments
A huge load of 110 kilograms of cocaine seized in the port of Gioia Tauro
Reggio Calabria
If placed on the market, it could have earned criminal organizations 20 million euros
Unifeeder triples its market share of intra-Mediterranean container services
Dubai
Fincantieri Completes Acquisition of Leonardo's Underwater UAS Business
Trieste
The 287 million euro fixed component of the purchase price was paid today
Wallenius Wilhelmsen to operate ro-ro terminal at Port of Gothenburg
Oslo/Gothenburg
12-year concession contract
The Bulgarian Shipowners' Association has joined the European Community Shipowners' Associations
Brussels
BSA is the twenty-second member of the European Shipowners' Association
Strike by Central Tyrrhenian Sea Port Authority staff suspended
Naples
The meeting between the unions and the general secretary of the port authority was a success
Mercitalia Rail begins rail transport from Reggio Calabria of trains for the Milan Metro
Reggio Calabria
They are approximately 106 metres long and weigh over 180 tonnes.
PSA Venice - Vecon achieves gender equality certification
Genoa
It is the first Italian container terminal to obtain the certification
Maria Teresa Di Matteo, head of the Department for Transport and Navigation, has passed away
Rome/Gioia Tauro
Mattioli: it was an important point of reference for the entire Italian maritime cluster
Green logistics, the Northern Tyrrhenian Sea Port Authority extends the deadline for the tender
Leghorn
It awards non-repayable grants up to a maximum amount of 300,000 euros
Medcenter Container Terminal orders 20 new hybrid struddle carriers from Kalmar
Helsinki
They will be delivered within the first quarter of 2026
The intermodal service connecting the Italian terminal of Melzo with the Dutch one of Moerdijk has started
Melzo
Three weekly circulations operated, which will increase to four from April
COSCO expects to close 2024 with +95% growth in net profit
Shanghai
EBIT expected at 69.9 billion yuan (+90.7%)
Catania-based F.lli Di Martino has acquired 160 new loading units produced by Piedmont-based SICOM
Cherasco
This year the Cherasco company celebrates 50 years since its foundation
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
Kuwait approves Chinese company for port operations
(AGBI - Arabian Gulf Business Insight)
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Uiltrasporti Campania accuses the heads of the AdSP of the Central Tyrrhenian Sea of having assumed a provocative and totally closed attitude
Naples
Attempt - the union denounces - to downplay the real reasons for the strike
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
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
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
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
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
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Editor in chief: Bruno Bellio
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