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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:57 GMT+1
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BRIEFS
April 13, 2022
Exim Indiaweb site
  • Sinokor Merchant Marine Co. Ltd, Korea, forms own Subsidiary Office and agency in Mumbai & Nhava Sheva
  • National Time Release Study 2022 shows improvement in cargo clearance times
  • Global economy seen taking a hit due to Russia-Ukraine conflict
  • China lockdowns rattle global supply chain
  • High-impact projects under Gati Shakti to be monitored
  • Schenker Ventures invests in Warehousing1
  • Increases in H&M premiums seen resulting in further insurance cost highs for some owners
  • Antwerp port collaboratively offers Europe's first end-to-end LoRaWAN-based cargo temperature monitoring service
  • Maersk Air Cargo launched
  • Air cargo demand up in Feb.
  • Waterways ecosystem will connect India to neighbours: Sonowal
  • Basmati rice exports fall in value terms
  • Multiple commodities help agri exports attain new high

International Transport Journalweb site
  • Sennder recruits a Gefco manager
  • Top ten handle 25% of world record cargo volumes
  • Expanded network for P400 semi-trailers
  • Connecting the Med and Latin America
  • APM announces changes at the helm
  • More intermodal services in Montreal
  • Californication of warehouse space
  • New Zealand sends C-130 to help Ukraine
  • QCS to open new branches in Eastern Europe
  • Assarmatori appoints Dario Bazargan
  • Conversion of MNG's second A330-300 on the way
  • Better coordination on war-affected trade routes
  • Container flows to Virginia keep coming
  • Fiata: survey on carriers' conduct
  • New development site in UK
  • Sonja Aboulez to lead parcel division in Austria
  • Hydrogen powered trucks for rent
  • "Curiosity of the Day"
  • FCS launches Dakosy's ramp control system

The Loadstarweb site
APRIL 12, 2022
  • Covid testing in south China could bring more limitations on exports
  • Evergreen dismisses claim its box ship orders could fund Chinese military
  • Spirit of Britain ferry inspection under way as Dover plans for Easter exodus
  • Montevideo airport broadens its logistics range as free zone goes multimodal
  • Cash-rich Danaos splashes out on sustainable newbuilds
  • European road feeders gorge on Asian import and export traffic
  • Clipper Logistics shareholders welcome takeover bid by GXO
  • TIACA Innovation: the airside driver that learns as it goes
  • Market Insight: Inside DP World - where leadership and loyalty collide
  • Against the odds: Plaquemines - heavy project swiftly tiptoeing to success

Marine Logweb site
APRIL 12, 2022
  • $120 million of contaminated fuel oil identified
    It looks like contaminated fuel oil is a problem that won't go away as long as ships keep burning the stuff. And there could be a lot of it in the supply
  • Bollinger books $33.7 million Navy contract
    Bollinger Shipyards, Lockport, La., is on a roll. Hard on the heels of winning a contract for production of the Navy's Mine Countermeasures Unmanned Surface Vessel (MCM USV) the shipbuilder has landed
  • Maritime Partners opts for Thomson Bearings for 12 new push boats
    Thordon Bearings is to supply water-lubricated and grease-free bearings for installation on a series of 12 twin screw push boats under construction for Maritime Partners LLC. The boats are schooled to be
  • Canada greenlights Equinor's Bay du Nord project
    Canada's Minister of Environment and Climate Change, Steven Guilbeault, last week formally approved an environmental assessment report that determined that Equinor's proposed Bay du Nord Development Project is not likely to cause

Lloyd's Listweb site
APRIL 12, 2022
  • One Sea unveils a human-centric grading of automation
    The rapid development of autonomous ship technology has demanded regulatory attention even before common terms of reference have been agreed...
  • Sanctions heighten uninsured oil spill risk, IOPC warns
    Some 4m barrels are at sea on any given day without meaningful cover
  • Bulker boon as Australia targets rise in commodity exports
    Mineral-rich Australia is expected to export a record $425bn of resources and energy commodities in the 2021-22 financial year which...
  • Dislocation spurs Atlantic product tanker rates to record
    Ukraine conflict redirecting crude and refined product trade flows to end protracted slump in global tanker spot rates, which began...
  • Beijing attempts to reverse highway closure amid clogged logistics flows
    Container carriers are continuing to contend with problems thrown up by the impact of China's lockdown measures and the resulting...
  • Sinkhole appears at Felixstowe after dredging
    Hutchison's Felixstowe facility is being dredged to improve access for larger vessels. This may have been the cause of damage...
  • Demolition sales boosted as average sale prices exceed $700 per light displacement tonne
    Brokers reported the sale of eight large ships for scrap last week with the tanker sector continuing to dominate transactions
  • Hapag-Lloyd joins Maersk's decarbonisation platform
    The centre, which was established by the AP Moller Foundation to help decarbonise shipping, says collaboration is required. Having another...
  • Tick-box culture won't reduce accidents, says safety expert
    There are now so many procedures and checklists that, in some cases, it is impossible to comply with all of...
  • Russian forces detain crew of bulk carrier shelled in Mariupol - report
    Ukrainian crew on Liberia-flagged bulk carrier Smarta targeted because of their nationality, in an alarming escalation of violence as 300...
  • Contaminated fuel worth $120m linked to 60 vessels in Singapore
    Fuel testing agency advises customers to be 'very aware that this contaminated fuel remains in the supply chain and could...
  • Daily Briefing
    Container logistics jitters grow as China blocks more highways | Smaller owners finding decarbonisation harder | Shipping warned not to...

The Journal of Commerceweb site
APRIL 12, 2022
  • DOT's Buttigieg urges railroads to clear LA-LB container backlog
  • US shippers consolidating loads to create truck capacity
  • War, market uncertainty stall MPV rate growth: analysts
  • Domestic intermodal sector struggling to regain footing: analyst
  • Seattle jobs dispute sets uneasy tone ahead of ILWU-employer talks

TradeWindsweb site
APRIL 12, 2022
  • Safe Bulkers adds one more capesize into shopping basket
  • Data shows Black Sea trade slowing with more headed to Romania
  • Chinese shipping fund emerges behind Maran mini-cape deal
  • GTT floats membrane LNG bunker tank design for long-range VLCCs
  • Crane barges to remove 500 containers from grounded Evergreen container ship
  • Hapag-Lloyd joins Maersk Mc-Kinney Moller zero carbon centre
  • D'Amico completes clear-out of veteran tankers with $9.2m MR deal
  • Lidl takes four 3,800-5,500-teu vessels from German owners
  • Valhal resumes expansion amid brisk interest in capesizes
  • Fyhr bullish on Torm and Pyxis as analyst expands tanker coverage
  • QatarEnergy finally kicks off newbuilding orders with MOL quartet
  • Dry cargo market left reeling from contaminated bunkers crisis
  • Titan LNG steps up LNG-fuelling operations for VLCCs
  • DOF 'strongly regrets' continued lack of vital refinancing deal
  • Havila Kystruten seeks alternative financing to replace Russia's sanctioned GTLK
  • US fleet is prime candidate to lead zero-emission charge, says report
  • Ukraine military to seize Russian ships being repaired in Izmail
  • Shipowners lay down decarbonisation markers: 'Collaborate to change things'
  • 'Unprecedented' demand for new LNG carriers to continue to 2030, HoweRob says
  • GEV to become Provaris Energy to reflect hydrogen supply chain focus
  • Ammonia bunker quotes: no owners have 'fallen off their chairs yet'
  • Corsica Linea ferry crunches new tanker in Port of Algiers
  • Asian owners call on green yards to gear up for a recycling boom
  • Alexander Saverys vows to make it 'difficult' for tanker merger to go through
  • Cosco lines up LNG carrier newbuilding sextet for Sinopec
  • Boskalis to splash the cash on hybrid conversions for offshore fleet
  • Gen2 Energy unveils compressed hydrogen container carrier project
  • Container sale scammers increasingly faking company details
  • Standard Club and North P&I merger set to buoy products and services
  • Euronav and Frontline announced a merger without a done deal - why?
  • Hammonia snaps up MR duo for $50.5m as part of fleet diversification
  • Analysts remain bullish on China's Yangzijiang despite shadow of Covid-19
  • Ocean Network Express to stay clear of logistics investments
  • Ocean Network Express navigates pandemic, labour issues and geopolitical challenges
  • Cash-rich Asian liner companies book newbuildings with capacity close to 2m teu

American Shipperweb site
APRIL 12, 2022
  • As transport stocks sink, Los Angeles port volumes soar
    America's largest container port, Los Angeles, just posted the best March and best first quarter in its history.
  • Airbus locks in Air-France KLM order for new A350 freighter
    Air France-KLM is an early adopter of the new Airbus A350 freighter, which is based on the popular long-haul passenger aircraft.
  • Rooney assuming Port of New York and New Jersey helm
    Deputy director for the past three years, Beth Rooney will become leader of the Port of New York and New Jersey on May 2
  • EU ends airline exemption for cargo in passenger cabin
    The European Union's permission for airlines to load cargo in the passenger compartment during the pandemic will expire on July 31.

The Bunker Bulletinweb site
APRIL 12, 2022
  • USGC HSFO-marine fuel 0.5%S spread widens since Russia's invasion
    Backwardation from the May-December 2022 contracts was assessed down from $15.35/b March 9.
  • OPEC cuts 2022 oil demand outlook on outbreak in China, slower economic growth
    OPEC now expects global oil demand to average 100.5 million b/d in 2022, for year-on-year growth of 3.67 million b/d, the organization said in its closely watched oil market report.
  • Surge in environmental protests at UK fuel terminals, retail sites seen abating
    Organizations such as Extinction Rebellion and Just Stop Oil have tried to block or disrupt a number of sites supplying fuels particularly to southeast England in recent weeks, drawing criticism from both the government and the opposition Labour Party and resulting in hundreds of arrests.
  • OIL FUTURES: Crude rebounds as OPEC warns on Russian oil embargo
    The rise comes as OPEC Secretary General Mohammed Barkindo warned EU representatives that the producer group would be unable to compensate for a loss of Russian barrels should the union decide to embargo Russian oil imports, estimating a resultant loss of 7 million b/d.
  • Japan sees unprecedented power fuels procurement risks in FY 2022-23: METI
    Japan's move to phase out Russian coal imports will have an impact on LNG procurement by local power utilities, with some companies already moving to secure fuel oil as they start phasing out coal imports from Russia, according to sources familiar with the matter.
  • QatarEnergy signs Mitsui O.S.K. Lines for operation of four LNG ships
    Qatar is on track to expand its LNG production capacity from 77 million mt/year (106 Bcm/year) currently to 126 million mt/year by 2027.
  • Prompt HSFO availability at Indian ports to boost demand amid expansions: sources
    Hindustan Petroleum Corp.'s foray into supplying high sulfur fuel oil bunkers has expanded beyond Mumbai and Kandla ports and ensured prompt availability, industry sources said.
  • ADNOC orders two more LNG vessels in expansion of Middle East's shipping fleet
    The new vessels with capacity of 175,000 cu m each are larger than the existing fleet at capacity of 137,000 cu m each, ADNOC Logistics & Shipping said in an April 12 statement.
  • Russia halts monthly oil output, export data: report
    It comes after the energy ministry's statistical provider, the Central Dispatching Unit, earlier said it would no longer distribute preliminary data on the second of each month covering the preceding month.
  • Sri Lanka resumes HSFO bunker supply after two-month hiatus
    The port of Colombo reportedly resumed HSFO bunker supply during the week that began April 11, after a two-month hiatus despite earlier expectations that disruptions would last no more than a month, according to local traders.
  • Shanghai-delivered 380 CST HSFO bunker premium rises to over 3-month high
    A decline in HSFO bunker inventories at Shanghai and across China is expected to lift delivered premiums.

›››File
FROM THE HOME PAGE
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.
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
SHIPPING
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
PORTS
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%)
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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