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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:40 GMT+1
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BRIEFS
January 5, 2022
Exim Indiaweb site
JANUARY 4, 2022
  • FIATA raises concern on 'significant changes in business practice' in shipping industry
  • Govt considering incentivising setting up of shipping lines
  • SCMTR effective date extended further
  • Suez Canal achieves record revenue in 2021
  • Exporters seen overcoming Omicron challenge with favourable FTAs
  • Option to file manual/physical EODC applications under Advance Authorisation Scheme
  • AD Ports Group's Industrial Cities & Free Zone attracts over 95 polymer factories
  • APSEZ ports handle over 234 million tonnes in 9 months
  • PSA Mumbai registers impressive throughput growth in 2021
  • Accelerated pace of business activities seen supporting healthy Y-o-Y growth for road logistics sector in FY2022
  • Air France-KLM & IndiGo to start codeshare agreement
  • Changi Airport airfreight throughput going strong
  • SpiceXpress, Pifore ink MoU to launch zero carbon-emitting e-cargo planes
  • Core industries output grows by 3.1 pc
  • Merchandise export at highest ever $37.29 billion in Dec. 2021
  • Etihad Airways & Henan Province Airport Group sign memorandum of strategic cooperation for jointly strengthening Sino-Arab cargo ties
  • Parliamentary panel calls for standardised cargo handling rates at Indian airports, dedicated parking bays for freighters
  • Uthaya Kumar is MANSA's new Secretary General

The Loadstarweb site
JANUARY 4, 2022
  • Hyundai Glovis moves into container freight with new China subsidiary
  • LA's empty-box charge could spark negative reaction from carriers
  • Flights cancelled at Xi'an, with worse to come as new year and Olympics loom
  • Train derailment severely disrupts operations at London Gateway
  • More carriers eye scrubber installation as price gap between fuels gets wider
  • Port of Ningbo open, but logistics services stutter as Covid restrictions bite
  • 2021 carrier bonanza could presage a crash of the ocean titans in 2022
  • GAC appoints Daniel Nordberg its VP for Asia Pacific & Subcontinent
  • Konstantin Vekshin becomes Volga-Dnepr Group chief executive
  • XPO Logistics president Troy Cooper steps down
  • National Airlines looks to expand its fleet

Marine Logweb site
JANUARY 4, 2022
  • Underwater straightening can fix damaged propellers
    When damage to propellers occurs due to impact with ice and other debris, underwater repair specialist Hydrex offers its in-house developed cold straightening technique as the answer. By taking advantage of the
  • Wärtsilä solutions selected for 12 more CMA CGM newbuilds
    Wärtsilä is to supply a broad scope of solutions for 12 new LNG-fueled containerships ordered by CMA CGM at Chinese shipyards: six 13,000 TEU vessels ordered at Hudong-Zhonghua Shipbuilding and six 15,000

Lloyd's Listweb site
JANUARY 4, 2022
  • LNG carrier rates slump as much as 40% on falling Europe gas prices
    LNG supplies to Europe trigger gas futures easing back from record-breaking prices and trigger lower charter rates ending winter peak
  • EU taxonomy would label natural gas and nuclear as green
    The European Commission has proposed labelling natural gas and nuclear power as green in a draft of its green finance...
  • IG's captive fell below statutory capitalisation requirements
    A $240m emergency cash shot is not an issue for P&I clubs, as 'all we are doing is holding capital...
  • Piraeus Bank sells non-performing shipping portfolio
    The portfolio being sold to Davidson Kempner is worth about $451m
  • Maritime achievements recognised in New Year Honours
    UK honours go to Mission to Seafarers' Jan Webber, British Ports Association's Richard Ballantyne and shipping veteran John Denholm
  • Ningbo port clogged by lockdown measures
    World's third-busiest box port is trying to unclog the cargo traffic by establishing a whitelist for truck drivers and increasing...
  • Troim's 2020 Bulkers names Billung as chief executive
    Industry expert has been appointed chief executive of Olav Troim's 2020 Bulkers and the newly launched Himalaya Shipping
  • Daily Briefing
    Indonesia could boost coal exports | Covid infections in China hit Ningbo port and Yangtze River pilot services | FMC...
  • FMC launches actions over carrier fees
    US maritime regulator has made it clear that it is unhappy with unjustifiable fees. It is now taking action and...
  • Indonesia may relax coal export ban
    About 10% of worldwide dry bulk shipping demand may be adversely affected if the total export ban continues. But the...
  • Dwell fee pushed back again as congestion at US ports eases
    Port of Oakland to launch an 'interagency effort' to improve the flow of agriculture exports by using extra yard space...

The Journal of Commerceweb site
JANUARY 4, 2022
  • Acquisition expands Schneider's dedicated truck capacity
  • Mobile readies to double-stack containers on port's rail links
  • LA-LB terminals brace for COVID-related labor shortage
  • Ningbo COVID-19 outbreak raises fears of new trans-Pacific bullwhip
  • New California task force shines spotlight on port automation
  • Ocean carriers keeping containers close to port stymies on-dock rail
  • Stoughton expanding chassis production to Texas
  • Blume acquires sourcing collaboration platform

TradeWindsweb site
JANUARY 4, 2022
  • Crude and product tanker rates slip as new year opens
  • Former Norland Shipping president Nicholas Zoullas dies at 84
  • CargoMetrics founder Borgerson splits with Ghislaine Maxwell
  • Did oil spill after K Line collision 'devastate' Texas seafood populations? Experts disagree
  • Pyxis Tankers offloads small vessels to focus on MR fleet
  • Eni's Coral-Sul FLNG unit arrives off new home base in Mozambique
  • NOC maintenance to take 200,000 barrels of Libyan oil off market
  • K Line to put bulkers on block as it gears up for net zero
  • SM Line takes $14m position in rival HMM as 'investment'
  • Foremost's Angela Chao: 'No effort is too small when considering ship designs for future needs'
  • Fearnley Securities identifies two 'X factors' that could propel tanker rates
  • Eagle Bulk's Gary Vogel: 'There will be a need for material changes' in decarbonisation
  • NYK Line expands LNG fleet with two newbuildings at South Korean yards
  • In 2022, the world can't wait for the IMO to cut shipping's greenhouse gas output
  • Kristin Holth: IMO 'does not show the speed to be the leading star we need'
  • Owners raised $11bn of capital in 2021 but analysts sound bond price warning
  • Navtor buying Ingenium to 'propel vessel logbooks into smart age'
  • Scorpio Tankers' Cameron Mackey: An imperfect carbon tax 'is still better than inaction'
  • Hyundai yards start 2022 with newbuilding orders worth close to $1.4bn
  • Fred Olsen Windcarrier seals contracts worth up to $90m
  • Spetalen's Standard Drilling to change name as it pursues new investments
  • Fredriksen sheds almost entire 10% stake in Solstad Offshore
  • Norwegian's Jessica John: 'Committed to offsets as action strategy seeks carbon neutrality'
  • Taiwan Navigation returns to Oshima for $68m ultramax splash
  • Dry guys rule: bulk carrier and container ship stocks dominate 2021

American Shipperweb site
JANUARY 4, 2022
  • California challenges San Bernardino air cargo facility used by Amazon
    California officials are going to court again to try to mitigate the emissions impact of a new air logistics center at the San Bernardino Airport...
  • Port of Oakland plans empty container yard to help ag exporters
    Agriculture exporters on the West Coast are feeling neglected by ocean carriers. The Port of Oakland is trying to make more equipment available so they...

The Bunker Bulletinweb site
JANUARY 4, 2022
  • EMEA MIDDLE DISTILLATES: Key market indicators
    European middle distillates markets are starting the year in a position of strength amid low stocks levels, reduced refinery runs and limited incoming flows for January, while overall the omicron variant did not seem to have a significant impact on European demand for diesel and jet fuel.
  • Denmark's Port of Hanstholm and European Energy to develop green hydrogen
    The Port of Hanstholm in Denmark has signed a letter of intent with Danish renewables company European Energy to develop solar and wind plants and a renewable hydrogen project, they said Jan. 3.
  • US LNG WEEKLY: Gulf Coast Marker falls as European prices move downward
    US Gulf Coast FOB cargo values slid during the holiday shortened week of Dec. 28-Jan. 4, tracking the decline in prices in destination markets.
  • Singapore December fuel oil paper MOC trades dip 4% on month
    Total Singapore fuel oil Market on Close paper trades in December declined 3.78% on the month to 13.98 million barrels, on the back of a 12.30% decline in trades for marine fuel 0.5%, S&P Global Platts data showed.
  • OIL FUTURES: Crude extends rally as OPEC+ pledges to raise February output by 400,000 b/d
    Crude futures held onto overnight gains midmorning Jan. 4 after the OPEC+ group announced it would raise output February by 400,000 b/d as expected.
  • MARINE FUEL 0.5%: December sees supply tighten, premiums rise globall
    Supply tightness for various reasons around the globe pushed prices and cracks for marine fuel 0.5%S higher in December with sources expected more of the same to start 2022.
  • ICE LSGO futures net speculative length up 9,599 contracts on week
    Speculative net long positions in ICE low sulfur gasoil futures were up 9,599 contracts to 94,665 in the week to Dec. 28, according to Intercontinental Exchange data.
  • US Gulf Coast fuel oil highest since November on stronger Brent futures
    Fuel oil prices on the US Gulf Coast neared two-month highs Jan. 4, rising along with a strengthening crude complex.
  • OIL FUTURES: Crude pushes higher as OPEC+ raises February output, signaling demand confidence
    Crude futures settled higher Jan. 4 after the OPEC+ group announced signaled demand optimism by raising February output quotas 400,000 b/d as planned.
  • Refiners, biofuel groups relay contradictory views on EPA's biofuel proposal
    Refiners and biofuel producers continue to be at odds over the federal approach to the Renewable Fuel Standard program as their views on what is needed to get that program on track remained far apart at a Jan. 4 virtual hearing held by the US Environmental Protection Agency.
  • Brazil biodiesel sales surge to 957 million liters for Jan-Feb under new model: ANP
    Brazilian biodiesel producers signed sales and supply deals to deliver 957 million liters of the biofuel in January-February, an increase of about 36% above estimated demand for the period after the country's move to a new direct-sales model on Jan. 1, according to the National Petroleum Agency.
  • Severe weather at Fujairah disrupts bunkering, delays oil cargo replenishments
    Some sellers were grappling with tightening inventory levels as persistent thunderstorms and strong winds delayed the arrival of low sulfur fuel oil cargo replenishments, according to local bunker suppliers.
  • Zhoushan delivered marine fuel 0.5%S bunker premium jumps on lower output
    Demand in Singapore has increased since the last trading week of December 2021, firming delivered LSFO bunker premiums as buyers sought last minute requirements. The market, likewise, expects steady bunker demand amid heightened shipping activity during H1 January prior to the Lunar New Year festive season, traders said.

›››File
FROM THE HOME PAGE
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%)
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.
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
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
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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Editor in chief: Bruno Bellio
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