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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:30 GMT+1
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BRIEFS
May 9, 2022
Exim Indiaweb site
  • Höegh Autoliners registers impressive Q1 despite the challenges
  • Sagarmala has significantly enhanced the maritime supply chain: Minister
  • Baltic Exchange Market Report (6 May 2022)
  • Beyond the Bounds of Bills of Lading
  • Visakhapatnam Port enhances Scale of Rates
  • Deendayal Port rolls off Super Over-Dimension Packages
  • Palm oil export ban by Indonesia seen impacting global vegoil trade
  • Change in VOC Port's General SoR
  • Coal output soars 28 pc in April
  • GDP growth seen at 7-8.5 pc amid global uncertainties: CEA
  • Minimum 30 pc of faceless assessments should be disposed of by June end: CBDT

International Transport Journalweb site
  • Cargo operations re-open in Kyiv
  • Investment needed to shift more semi-trailers
  • GXO remains largely Anglo-Saxon
  • Sun power on the roof to reduce emissions
  • Finnlines growing in these difficult times
  • Change at the Cargotec helm
  • More capacity on the ground and in the air
  • Enhancing a rail carrier's hydrogen infrastructure
  • Poland now more attractive
  • Laurels for port software provider in Santos
  • Stratolaunch - fifth flight with new pylon on board
  • Leadership restructured at Konecranes
  • More warehousing logistics made by Sievert
  • Autonomous trucking going ahead
  • "Curiosity of the Day"
  • Atlas Air with strong Q1 results
  • Brussels airport aviation awards
  • U-Ming Marine investing for Taiwan

The Loadstarweb site
MAY 6, 2022
  • American jobs versus foreign robots, US West Coast negotiating lines are set
  • Manufacturing counts the costs of Shanghai lockdown as exports return
  • Transpacific box line freight rates nosedive as demand falls
  • Prelude to ILWU west coast labour talks brings up thorny issue of automation
  • Atlas Air bets on a leisurely return to passenger flying, while LH Cargo soars
  • FMC looks to tighten its grip on carrier practices as Wan Hai settles claim
  • DB Schenker to operate zero-emission electric feeder for furniture shipper
  • GXO Logistics: Clipper buy a "super M&A opportunity"
  • Supply chain radar: GXO Logistics - in the value basket
  • Interasia Lines books 3,055 teu trio at Nihon Shipyard

Marine Logweb site
MAY 6, 2022
  • Singapore's MPA traces source of contaminated HSFO
    The Maritime and Port Authority of Singapore (MPA) says it has tracked down the source of the contaminated HSFO bunker fuel identified in March by leading marine fuel testing provider VPS. The
  • Australia puts large autonomous subs on fast track
    While the AUKUS plan for Australia to acquire nuclear powered submarines with help from the U.S. and the U.K. appears to be moving right along, the Royal Australian Navy could meantime be
  • "Ocean outlaws" hit with $3 million in fines
    U.S. District Court Judge Richard G. Andrews for the District of Delaware yesterday sentenced Athens-based Liquimar Tankers Management Services Inc. and Evridiki Navigation Inc. to a total $3 million in criminal fines,

Lloyd's Listweb site
MAY 6, 2022
  • Ukraine's minor ports adapt to wartime trade
    Seaborne trade out of Ukraine all but ground to a halt after the Russian invasion, but two ports bordering Romania...
  • Sovcomflot is counting on a rapid return to normal. Greek tanker owners should do so too
    While Greece, Cyprus and Malta seek to have EU sanctions on the lifting of Russian crude watered down, European solidarity...
  • Greener shipping: 'Ambitions without definite targets don't cut it'
    Shipping is making better than expected progress on green initiatives and the 5% zero-emission ships by 2030 target could be...
  • Germany charters four FSRUs to diversify from Russian gas
    Energy providers Uniper and RWE are chartering units on behalf of the German government with the first two units ready...
  • Sanctions scrutiny linked to mysterious tanker U-turn
    A tanker suspected of carrying Iranian crude oil performed an abrupt U-turn off Croatia this week only hours after pressure...
  • North's merger with Standard to bring 'significant' cuts in expense ratios
    Members told long-term savings through eliminating duplicated costs will make up three percentage points of the gain. There would also...
  • NYK signs long-term contract with EDF for fourth LNG carrier
    Vessel will have a membrane-type tank from French engineering company GTT, and propelled by a WinGD-made, dual-fuel slow-speed diesel engine
  • Grimaldi resumes chairmanship at Finnlines
    Grimaldi Group managing director has been running Finnlines since 2013, and took it private in 2016. He will now stand...
  • FMC increases reporting rules for carriers
    US regulator says move will allow it to gain an insight into pricing of individual trade lanes, and by containers...
  • The Lloyd's List Podcast: Why shipping is facing a compliance crisis
    Economic measures to cut Russia off from the world's financial arteries are the most extensive seen since the Second World...
  • Keppel Shipyard awarded contracts worth $180m
    'We are seeing signs of fundamental improvement in the market,' said Keppel O&M managing director for conversions and repairs Chor...
  • Navios Partners orders four LR2s
    Two of the newbuildings have been taken for at least five years by an 'investment grade' charterer, which also has...
  • Daily Briefing
    Ceres Shipping venture plans for 60 new CO2 carriers | Contaminated fuel found in Singapore linked to UAE | Fredriksen...

The Journal of Commerceweb site
MAY 6, 2022
  • PMA sees no big hurdles ahead of ILWU contract talks
  • Banks help GSBN develop bill of lading finance tools
  • California senators push carriers to add containers for ag exports
  • New Vietnam-PNW express service comes amid rise in SE Asia imports
  • Blume Global restores some functionality after 'cyber incident'

TradeWindsweb site
MAY 6, 2022
  • Capesize spot rates soar to 2022 high as rally sees 'big gains' in all regions
  • Alleged fraudsters accused of making off with $17m from Wilh Wilhelmsen
  • Red rates across the board as crude tankers continue weeks-long skid
  • SAAM Towage makes nearly $198m expansion to tugboat fleet
  • Greek shipowner pair makes asset play on land, selling construction firm stake
  • Eagle Bulk scores rare physical charter but bullish on spot trade
  • Capital Product Partners reaps reward of 'timely' entrance into gas
  • Editor's Selection: Russia fall-out, capturing carbon opportunities and Richardson's goodbye
  • Spetalen PSV company buying into former Fred Olsen driller Dolphin
  • Paolo d'Amico would rather buy than be bought as he talks tanker strategy
  • Price is right: Stolt Tankers swoops for three K Line chemical tankers
  • Euronav bosses hit the road spurred by analyst backing for Frontline deal
  • Brussels considers blocking insurers from covering Russian oil trades
  • Miraculous escape: Zodiac master survives fall overboard by clinging to a piece of wood for three days
  • New evidence reveals senior Liquimar staff faked certificates in pollution case
  • Taylor Maritime comes good on special dividend in strong bulk carrier markets
  • DB Schenker plans zero-emission feeder ship for Norway coastal trade
  • Singapore's tainted bunker fuel first loaded in UAE, say authorities

American Shipperweb site
MAY 6, 2022
  • ATSG to lease Airbus freighters to European cargo airline
    Air Transport Services Group seems to have immunized itself from air cargo volatility by leasing aircraft to e-commerce shippers and U.S. government personnel.
  • SONAR charts check temperature of Shanghai's ailing supply chain
    China's zero-COVID policy is a prescription for more inflation and supply chain "illness."
  • Atlas Air profits in Q1 from supply chain snarls, long-term contracts
    Atlas Air's cargo business is on a steep growth path this year and ongoing fleet investments indicate management's confidence in the future.
  • The world is 'crying out for diesel.' Product tankers could win big
    The pain at the pump keeps getting worse. Bad news for consumers. Good news for owners of refined product tankers.

The Bunker Bulletinweb site
MAY 6, 2022
  • Calumet Specialty Products plans SAF production at Montana Renewables plant
    Calumet Specialty Products plans SAF production at Montana Renewables plant
  • Global markets maintain strength amid backwardation, competition for supply
    Global marine fuel 0.5% markets maintain strength amid backwardation
  • European energy crisis a 'stark reminder' of vital LNG role: GIIGNL
    current European energy crisis is a 'stark reminder' of the vital role of LNG:GIIGNL
  • Crude settles at five-week high on tight supply outlooks
    Crude oil futures settled at five-week high on tight supply outlooks
  • European VGO loadings at 316,800 mt across 6 ships in week to May 6
    The VGO market continues to remain tight in Europe as Russian cargoes -- previously the dominant source in the market-- are now effectively off limits to most European buyers due to widespread self-sanctioning.
  • OIL FUTURES: Crude rises as OPEC+ production decision points towards continued tight supply
    OPEC+ agreed to raise its June production target by 432,000 barrels per day, after previously exculpating itself of responsibility for supply issues due to sanctions on Russian oil.
  • BUNKERWORLD INDEX: Bunker prices firm as EU's Russia oil ban supports oil complex
    *Bunker demand strengthening at Fujairah *EU embargo on Russian oil weighs on NWE Hi-5 *Panama supply tightening with Europe to attract cargoes
  • FEATURE: China's new bunker fuel export quota likely to keep LSFO prices on even keel
    Intense competition in downstream markets have sometimes led suppliers to offer aggressively, with prices almost at parity with the ex-wharf grade, in order to lure demand, local traders said.
  • ARA fuel oil stocks rise 12% on week at 1.083 million mt: Insights Global
    Despite the EU's announcement on May 4 it would introduce a ban on Russian imports to Europe, it is expected to have a limited short-term impact on fuel oil markets.
  • FACTBOX: European refiners grapple with feedstock woes as EU Russian oil ban looms
    According to S&P Global Commodity Insights, the proposal envisions phasing out EU crude imports of 2.3 million b/d within six months, excluding a possible extension for 200,000 b/d to Hungary and Slovakia.
  • Front month open interest for Singapore ICE HSFO East-West contracts jump in April
    The large increase comes as open interest in the 180 CST East-West contract surged more than fivefold
  • SINGAPORE DATA: Residual fuel stocks rise 7% on week, rebound from 7-month low as exports fall
    There were no exports to China, Hong Kong, Pakistan or the Philippines among the regular destinations for Singapore fuel oil in the week, while exports to Bangladesh fell 37.5% week on week to 48,038 mt.
  • China's second batch of LSFO export quotas for 2022 rises 8% on year: sources
    The new allocation brings the total fuel oil export quotas amount to 9.75 million mt as of May for this year, up 21.9% on the year. China had allocated 6.5 million mt in the first batch
  • Singapore urges additional bunker fuel testing on fuel quality concerns
    MPA's recommendations follow its investigation into bunker fuel quality in Singapore after reports that several ships were affected by tainted fuel containing high concentration of chlorinated organic compounds.

›››File
FROM THE HOME PAGE
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%)
PORTS
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.
PORTS
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
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
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
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
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
ENVIRONMENT
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
COMPANIES
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
PORTS
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
INDUSTRY
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
PORTS
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.
COMPETITION
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
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
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.
ENVIRONMENT
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
LOGISTICS
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%
SHIPPING
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%
PORTS
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
SHIPPING
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
SHIPPING
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.
PORTS
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
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%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
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.
EDUCATION
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
MEETINGS
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"
MOURNING
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
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
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
SHIPPING
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
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
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
PORTS
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%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
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.
LOGISTICS
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.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
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
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
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
PORTS
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
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
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
SHIPYARDS
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
SHIPPING
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
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
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
PORTS
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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