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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:18 GMT+1
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BRIEFS
August 3, 2022
Exim Indiaweb site
  • CMA CGM India launches its first export block train service from ICD Thar to Mundra
  • A.P. Møller-Mærsk revises upwards its full year guidance
  • Air Cargo Club of Delhi hosts speaker
  • Etihad Cargo posts record mid-year revenue
  • Blue Dart continues to achieve high revenue & profit growth, reports strong Q1 results
  • HMM shifts Korea headquarters to new, state-of-art office
  • Gateway Distriparks' Q1FY23 Consolidated PAT up
  • Extension of Date for Mandatory electronic filing of Non-Preferential Certificate of Origin (NP CoO) through the Common Digital Platform to 31st March 2023
  • The benefits of replacing EDI with APIs in container shipping
  • DB returns to profitable business; Schenker & passenger transport booming
  • Defence exports growing
  • Bedi Port Terminal in Jamnagar to reduce logistics costs: Railways
  • Factory activity down in China in July

The Loadstarweb site
AUGUST 2, 2022
  • Atlas Air execs eye millions in bonuses from Apollo consortium takeover
  • Optimistic Maersk pumps up earnings forecast for the year by another $7bn
  • M&A radar: If Atlas Air is on the block, so is ATSG
  • 'Double-whammy' for Indian shippers as IR cuts haulage subsidies again
  • Korean Air Cargo 747 breaks loose in Anchorage and hits FedEx truck
  • Maersk cuts import box dwell time at US ports to nine days
  • Canadian Pacific and Kansas City Southern merger plan hits more opposition
  • On the wires: Record Mærsk a reality as pandemic boost lingers
  • Ports call for more representation as UK 'flip-flops' on border checks

Marine Logweb site
AUGUST 2, 2022
  • Glosten to design new California coastal hybrid-hydrogen research vessel
    UC San Diego's Scripps Institution of Oceanography today announced that naval architecture and marine engineering company Glosten has been selected as the naval architect for the university's new California coastal research vessel
  • Navy conducts unmanned logistics prototype trials with pre-delivery EPF
    Even before it is formally delivered to the Navy, the future USNS Apalachicola (EPF 13) is performing a series of planned test events assessing autonomous capabilities integrated into the shipboard configuration, demonstrating
  • Lake Victoria ferry gets new Schottel propulsion system
    With an area of over 23,000 square miles, Lake Victoria is the largest lake in Africa-and a vital resource for the 30 million people who live on its shores. Every day, almost
  • New Callan Marine dredge marks construction milestone
    Galveston, Texas, headquartered Callan Marine recently launched the hull and set the house on the 32-inch cutter suction dredge (CSD) General Arnold. Under construction at the C&C Marine & Repair shipyard in
  • Tour the Sea Change ferry at Marine Log's FERRIES 2022
    SWITCH Maritime's landmark Sea Change hydrogen-powered ferry project got a lot of attention at Marine Log's FERRIES 2021 held last November along the New York Harbor. This year, the conference heads to
  • Crowley names Jors chief naval architect
    Crowley has appointed Charles (Charlie) Jors as chief naval architect for the company's engineering services. He will lead Crowley's vessel design and marine engineering teams. With nearly 20 years of naval architecture
  • GLDD reports a red ink quarter
    Shares in Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD) were down some 19% this morning as the largest provider of dredging services in the U.S. reported a net loss of $4.0

Lloyd's Listweb site
AUGUST 2, 2022
  • Turkish Port sanctioned as US increases pressure on Russia-linked entities
    The US is targeting what it believes are Moscow's key economic players and sectors as it seeks to empty Russia's...
  • 'Ultimate insider' Bugbee bounces back from debt doldrums
    After years of telling Wall Street that a tanker earnings turnaround is just round the corner, the market has finally...
  • OceanPal reports profit in second quarter
    Fourth bulker expected to join the fleet within the present quarter
  • Flag states reject proposal to improve casualty reports
    Flag states have rejected a proposal to make root cause analysis mandatory, saying the existing frameworks were adequate
  • Ten ships are ready to travel grain corridor, says Lloyd's agent
    Vessels that have been stranded in Ukraine since the beginning of the conflict are getting ready to move along the...
  • International Salvage Union hails 'modest recovery' in sector
    'Economic conditions are challenging, and activity and income for our industry is volatile year on year. The trend towards a...
  • Is ammonia too dangerous to use as a fuel?
    Ammonia appears to be the dream fuel: it releases no carbon dioxide and can be a zero-emission fuel if produced...
  • Falling spot rates driven by increasing containership capacity
    Congestion reduced capacity and drove up freight rates. Now that the amount of capacity locked up by delays has eased...
  • China port congestion continues to ease
    Waiting and dwell times are shrinking at China's major container hubs. Volumes have bounced back after easing of pandemic controls
  • MPA Singapore forms green corridor with Rotterdam
    Agreement aims to optimise maritime efficiency, safety, and the transparent flow of goods by creating a digital trade lane in...
  • Seafarers to be surveyed on working conditions
    Recruitment and retention of seafarers in the future will depend on providing a good work-life balance
  • China issues implementation plan to achieve carbon emission goal
    China will make a major push to boost green and smart ships
  • North triggers monkeypox exclusion for fixed premium clients
    Move comes after US cities and port of Chittagong impose restriction to limit spread of communicable disease
  • Danaos earnings rise as boxship rates 'hold firm'
    Second quarter of the year performance impacted by slump in fair value of Greek owner's stake in Zim
  • China starts coastal military exercises amid Taiwan tension
    China's warnings in response to US House of Representatives speaker Nancy Pelosi's expected trip to Taiwan has stoked concerns about...
  • Maersk raises guidance on strong second quarter
    Disruption in the supply chains is continuing to boost carrier earnings. Maersk now expects full-year earnings of about $40bn
  • Cochin yard delivers new aircraft carrier to Indian navy
    The aircraft carrier is the first warship built by the shipyard
  • Hafnia tanker involved in US oil spill
    Incident took place on July 28 during fuelling by a barge at the Ama Anchorage on the lower Mississippi
  • Daily Briefing
    First Ukraine grain shipment tests the waters for more to follow | Russian crew request repatriation | Decline in Lloyd's...
  • US sanctions seven entities linked to Iranian oil and petrochemical trade
    Panama-flagged LPG tanker is said to have hidden its position when loading butadiene from Iran in July last year. The...

The Journal of Commerceweb site
AUGUST 2, 2022
  • Expeditors' Q2 income gains shrug off falling ocean, air volumes
  • US trucking demand steady despite steep spot rate correction
  • NY-NJ port to impose dwell fee targeting empty containers
  • Singapore-Rotterdam ports commit to green corridor deal
  • Duplicate ocean invoices plague exporter Scoular: audit
  • No Q3 respite as Maersk's adds $7 billion to annual profit forecast
  • US truckers flip back into drayage as long-haul spot rates dive

TradeWindsweb site
AUGUST 2, 2022
  • Jefferies keeps Danaos confidence as container ship charterers become 'conservative'
  • Caution advised for merchant ships as US officials arrive in Taipei
  • Long Ukraine war will not stand in way of tanker 'golden age', BRS says
  • Turkish port slapped with sanctions as US turns eye toward Russia
  • 'Headwinds': Stifel downgrades Matson to 'hold' as economy slows and inflation mounts
  • Post-invasion oil trade shift hits 'dark fleet', watchdog group says
  • 'Buy at any size, any price': tankers sell like hot cakes
  • Rotterdam and Singapore 'can inspire' with deal for longest green corridor
  • Seafarer support hubs face Covid-fuelled challenges
  • Batteries for the high seas? Alsym Energy sees a way forward
  • Broker Aon sees financial pressures easing on P&I clubs
  • China's BYD mulls order for PCTC newbuildings worth close to $700m
  • Methanol moves up the agenda from low base in alternative fuel choices
  • Banker EnTrust 'uninformed' of dire state of arrested Saint James tanker
  • 'Exceptional market' turbo-charges AP Moller-Maersk full-year earnings forecast
  • Soaring steel plate costs and Ukraine war hit Samsung's earnings
  • 'First of its kind': Navios Partners could become a 'cash machine'
  • Floridian cruise line Atlas Ocean Voyages names new CEO
  • CMA CGM to save millions by building methanol-fuelled container ships in China

American Shipperweb site
AUGUST 2, 2022
  • Billions in port grants rolled into Democrats' inflation bill
    The Democrats' inflation bill pares down 'Build Back Better' but includes $3 billion to help ports and terminals cut pollution.
  • Port of New York and New Jersey sets container fee, mandatory export levels
    The Port of New York and New Jersey has announced a container fee on long-dwelling import or export containers, aiming to reduce an excess of...

The Bunker Bulletinweb site
AUGUST 2, 2022
  • Tanker switching surges for Russian oil as Moscow turns to 'gray market' playbook
    It remains unclear, however, how much Russia can rely on gray market shipments to circumvent sanctions going forward, particularly as the EU's import bans combined with restrictions on shipping insurance, financing, and services, threaten to disrupt more supply volumes.
  • China issues sectoral guidelines for industrial carbon peaking by 2030
    The plan also required the government to make better use of market forces to accelerate decarbonization.
  • Ocean Network Express sees uncertainty ahead for container shipping
    Liftings of ONE fell to 2.94 million TEU for the three months from the year-ago level of 3.10 million TEU, affected by renewed COVID-related lockdowns in China and canceled bookings from Russia.
  • REFINERY NEWS ROUNDUP: Runs, output mostly higher in Asia-Pacific
    India's No. 2 state refiner, Bharat Petroleum Corp Ltd registered a 100% run rate in June compared with 85% a year ago and 116% in May.
  • Good demand for crude from Russian refineries in August: sources
    Oil product demand inside Russia has been supported by domestic tourism as well as the start of harvest works. Hence, some refineries were looking for extra crude volumes, sources said.
  • Prolonged supply chain disruptions support container freight rates: Maersk
    Looking forward, industry participants said weakening macroeconomic conditions could hurt trade volumes even as port throughput in China is recovering.
  • Available LSFO storage for lease in Zhoushan in August shrinks 13% on month
    The bunker supplier added that more buyers would opt to refuel LSFO at Zhoushan due to deeper discounts against delivered prices at the world largest bunker hub of Singapore.
  • Singapore MPA, Port of Rotterdam to form world longest Green and Digital Corridor'
    Singapore and Rotterdam are among the world largest bunkering ports, making them vital links on the Asian-European shipping lanes.
  • REFINERY NEWS: India's BPCL Mumbai runs at capacity after shutdown
    For April-June it ran at 115%, compared with 114.5% in the same period a year ago.

›››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%)
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
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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Editor in chief: Bruno Bellio
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