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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:35 GMT+1
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BRIEFS
February 10, 2022
Exim Indiaweb site
FEBRUARY 9, 2022
  • Bahri Board of Directors expands company capital & distributes profits for 2021
  • MOL signs charter contract for newbuilding ice-breaking tanker for Russia's Arctic LNG 2 Project
  • Reliability recovery will take at least 8-9 months
  • APEDA's agri products seen performing better in FY22
  • Cochin Port Trust plans shift in operations to solar power
  • Shipping Minister reviews EoDB & technology efficiency initiatives at Major Ports
  • Working hard to ensure the port is carbon-neutral by 2050, says Port of Rotterdam Authority
  • A.P. Moller-Maersk reports record earnings for 2021 & guides for a strong 2022
  • Traxens acquires NEXT4 with the aim of becoming world leader in shipping container tracking
  • Indian exports faced minimum penalties during April-Dec. 2021
  • You ask.. We answer..

International Transport Journalweb site
  • 50 zero-emission trucks to expand fleet
  • 10,000 trucks less on Brenner route
  • Rhenus expands in India
  • Intermodal route in Central Asia trialled
  • More North America for Maersk
  • Cargobeamer picks Nicolas Albrecht
  • Jetstream and TAM continue cooperation
  • Transfesa in the Top 101
  • Habben Jansen expects congestion to end
  • JAS chooses Alexandre Cirodde
  • Another loan for ESR
  • Fedex Express boosts capacity
  • Exploring the Thames
  • Florian Weyer joins Haropa Port
  • Boeing buys two million gallons of SAF
  • PLP's new site to be finalised in 2022
  • "Curiosity of the Day"

The Loadstarweb site
FEBRUARY 9, 2022
  • Maersk 'cash-and-dash' strategy rolls on as it targets 70% contract business
  • Menzies dismisses 'unsolicited' and 'opportunistic' takeover bid by Agility
  • DSV reports 'strong' financials but keeps its cards close to its (war)chest
  • Supply chain issues decimating US truck manufacture and maintenance
  • Emerging markets survey shows upbeat business - even in critical climate
  • Sinokor makes 700%+ profit on sale of panamax quartet to MSC
  • EC pledges €43bn to boost effort to bring semiconductor production home
  • Against the odds: A dull day for DSV - the calm before the M&A storm
  • M&A radar: Mærsk's $1.8bn Pilot deal - a complementary gift

Marine Logweb site
FEBRUARY 9, 2022
  • Maersk sees record earnings continuing into 2022
    A.P. Moller - Maersk (Maersk) has delivered on the strong profits guidance it gave back in January. Today, it reported record earnings for 2021: Revenue was up 55% to $61.8 billion, EBITDA
  • Spill response vessel gets new role as pilot station
    JMS Naval Architects, Mystic, Conn., reports that the former oil spill response vessel OSRV Maine Responder has been converted to a pilot station vessel for United New York & New Jersey Sandy

Lloyd's Listweb site
FEBRUARY 9, 2022
  • Daily Briefing February 10 2022
  • Danaos preaches 'balanced' approach to spending after $1bn profit
  • Ship recycling pricing hits record levels
  • Maersk sails into record books with largest shipping profit
  • Wilhelmsen upbeat after strong quarter
  • Maersk scales back cargo accepted from forwarders
  • Shipping skills will sort the winners from the rest, webinar hears
  • US-Europe LNG spot rates negative for first time
  • Maersk buys US last-mile distributor
  • DSV profits boom as volumes rise
  • Hydrogen and ammonia are shipping's cheaper and greener fuel option
  • Shipping's return to profitability renews interest from banks
  • Officer cadets receive awards after pandemic delays
  • First LNG-fuelled newcastlemax arrives in Singapore
  • MOL confirms GSI-built ice-breaking tanker charter
  • Habben Jansen: Supply chains should start to ease in 2022
  • Maersk triples earnings in 'exceptional' market
  • MOL reveals ownership of GSI-built ice-breaking tanker
  • Habben Jansen: supply chains should start to ease in 2022
  • Maersk triples earnings for 2021 amid 'exceptional' market conditions

The Journal of Commerceweb site
FEBRUARY 9, 2022
  • Slower import growth still no relief for congested US ports: retailers
  • Charleston projects mid-March to clear anchored vessels
  • Maersk extends door-to-door reach with Pilot acquisition
  • Truckload capacity software vendor Parade lands funding round
  • Forwarders cut as cash-rich Maersk grows long-term contract business
  • Leaf Logistics turns load coordination into cash injection

TradeWindsweb site
FEBRUARY 9, 2022
  • Sinokor follows Greek S&P playbook on container ship sales and VLCC buy
  • Wanhua turns owner via VLEC newbuilding deal
  • Dry bulk spot market rises as China returns to work after Lunar New Year
  • Canada's Fednav mines trades in Chinese cryptocurrency exodus
  • Officers on drifting bulker arrested for alleged wind farm damage, union says
  • Skou on Maersk's record profits: 'Things will come back to normal'
  • Zero-emission MPP unveiled by French group that includes CMA CGM
  • Nordic American Tankers finds home for newbuildings in Oman
  • GasLog gives Keppel green light for LNG carrier FSRU conversion
  • 'Getting closer': Odfjell profit sparks questions about dividend payments
  • Nigeria LNG closes in on its first two LNG newbuildings in almost 10 years
  • Greece's FGM pushes fleet renewal with modern Daido handysize
  • Iino Kaiun hikes profit forecast following bulk and chemical tanker recovery
  • Navigator sees LPG carrier rates rise 15% in upbeat update
  • Buss Group banks $550m from largest container fund sale ever
  • Maersk delivers biggest-ever profit by a shipping company
  • Bahri pays out 200% of 2021 profit with $262m issue of free stock
  • MOL orders ice-breaker tanker for Arctic LNG 2 project
  • Portuguese tanker stable after hull breached in grounding off Azores
  • Marlink seals SES and OneWeb deals to accelerate data exchange
  • Container ship 'oligarchs' sowing seeds of their own demise with huge profits
  • Crystal Cruises shut down for good by Genting Hong Kong's liquidator
  • Nigeria's FPSO disaster highlights problem for VLCC and suezmax exports
  • Odfjell returns to the black in fourth quarter ending run of red ink
  • Wallenius Wilhelmsen to pay out $63.5m in dividends as car carriers turn positive
  • CDB Leasing tops newbuilding league table for Chinese owners
  • H-Line Shipping returns to Guangzhou Shipyard International for PCTC newbuildings

American Shipperweb site
FEBRUARY 9, 2022
  • Logistics provider Flexport interested in self-flying cargo jets
    Natilus is developing robot cargo jets in four sizes and has orders from five customers.
  • Shipping giant Maersk could rake in $50 billion over just two years
    COVID container boom continues: Maersk may earn even more this year than in record-trouncing 2021.
  • Georgia Ports: Adding capacity has 'broken the logjam in global logistics'
    The Port of Savannah has seen monthly port records for the past 18 months.
  • Maersk adds US final-mile network in $1.8B deal
    A.P. Moller - Maersk announced the $1.8 billion acquisition of U.S. forwarder Pilot Freight Services. The deal is the company's latest move in building out...
  • South Carolina Ports sees record volumes in January
    January marks the 11th consecutive month of year-over-year container records, according to SC Ports.
  • Grading Trump's China trade deal: F
    Donald Trump claimed his trade war got the Chinese to bend to U.S. will. But the "historic" trade deal he negotiated didn't turn out so...

The Bunker Bulletinweb site
FEBRUARY 9, 2022
  • Virgin Atlantic agrees first commercial SAF deal with Finlands Neste
    Virgin Atlantic has entered into a deal to receive sustainable aviation fuel from Finland's Neste
  • Essar on track to upgrade UK's Stanlow refinery to hydrogen-capable furnace next year
    Essar is on track to install and commission a more efficient hydrogen-capable furnace next year
  • FOB cargo values rise as newest terminal prepares first export
    US FOB Gulf Coast LNG cargo values edged up during the week ended Feb. 8
  • Crude prices turn higher after large US inventory draw highlights global supply tightness
    Crude futures rise after large US inventory draw highlights global supply tightness
  • Singapore-Fujairah 0.5%S marine fuel bunker spread narrows to near three-month low
    Limited availability of barges for downstream delivery of the International Maritime Organization-compliant bunker fuel is expected to persist throughout the week started Feb. 6, further exacerbated by bad weather conditions earlier in the week, market sources said.
  • Hong Kong 2021 fuel oil imports fall 3% to 37 mil barrels on weak demand
    Most of Hong Kong's fuel oil imports are consumed by its bunker fuel market, as it relies on coal and LNG for electricity, industry sources said.
  • Sri Lankan bunker suppliers rescind HSFO offers amid energy crunch
    To cope with the power shortage, upstream refineries like Ceylon Petroleum Corp. have directed available resources to the local oil-fired power generators, they added.
  • OIL FUTURES: Crude slips on positive geopolitical news
    Talks of Iranian oil exports returning to the market have led to a sentiment shift.
  • FUJAIRAH DATA: Oil product stocks extend gains as middle distillates surge 36%
    Stocks of heavy distillates and residues used for shipping and power generation fell 4.2% to 10.905 million barrels, a two-week low.
  • Hong Kong's bunker supply tightness to ease in H2 Feb with cargo arrival
    Hong Kong marine fuel 0.5%S supply tightened in H2 January, which was most likely due to lower imports, industry sources said.
  • OPEC+ falls further behind its oil output quotas, hampered by disruptions: Platts survey
    OPEC's 13 countries raised output by 150,000 b/d from December, pumping 28.19 million b/d of crude, while the nine non-OPEC partners, led by Russia, only managed to add a meager 10,000 b/d, producing 13.99 million b/d, the survey found.
  • RUSSIA DATA: 2021 oil product exports rise 1.8% on year
    Exports in December were 34.1% higher month on month as refinery maintenance had been completed and diesel exports surged.
  • East Mediterranean Hi-5 fuel oil spread hits 25-month high
    In the Greek port of Piraeus, the Hi-5 spread was assessed at a $251/mt premium for VLSFO, or 0.5% sulfur fuel oil, over HSFO, or 3.5%S product, on Feb. 8, S&P Global Platts data showed.
  • Maersk sees high operational costs for containers continuing through 2022
    Higher fuel prices, against the backdrop of bullish crude markets, came alongside steeper container handling costs and increased inflationary pressure from operational congestion and bottlenecks, Maersk said in its 2021 full year report.

›››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
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
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