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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:44 GMT+1
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BRIEFS
May 13, 2022
Exim Indiaweb site
  • Dacotrans India celebrates Silver Jubilee
  • Yang Ming posts strong quarterly results
  • Guidelines for dealing with stressed public private partnership (PPP) projects at Major Ports in respect of (i) Projects which became stressed during construction stage i.e. pre-coD stage; and (ii) Projects, both at pre-COD and post-COD stage, which became stressed due to borrowings being categorised by the lenders to the projects as NPA, and/or lenders have approached NCLT for recovery of their dues
  • Targeting 18,000 km of NHs in 2022-23: Gadkari
  • ONE launches improved eCommerce platform
  • Mumbai Port chemical berth's permissible draft enhanced
  • Plea against import of GM soybean meal
  • RoDTEP rates for SEZs to be finalised by mid-June
  • Capt. Rajesh Unni elected Vice Chairof Maritime Anti-Corruption Network
  • Chittagong Port Authority's new tariff
  • India, UK target FTA by Diwali; doubling bilateral trade by 2030

International Transport Journalweb site
  • Estonian cargo carrier leases AN-26 from Ukraine
  • Cargologic Germany files for insolvency
  • Further Eurasian intermodal route launched
  • First electric trucks in Hong Kong
  • Montreal pushed projects in 2021
  • Dirk Verstraeten now CEO of De Grave-Antverpia
  • Leman's activities on the rise
  • Alliance Ground Intl acquires TAS
  • Abracadabra in Latin America's air transport business
  • Increased sustainability for Australia
  • A cold takeover
  • Profits to be invested in Damietta
  • David Berling joins DDS Logistics
  • Eco-friendly trucks for urban deliveries
  • Former Baltimore teacher to lead strategic port
  • A big surface in Germany
  • The "Hopper" is back
  • "Curiosity of the Day"
  • Menzies Aviation and Agunsa to partner in Chile

The Loadstarweb site
MAY 12, 2022
  • Hapag books $4.7bn Q1 profit, but the outlook is uncertain as costs rise
  • Cargolux highs and lows: running a freight airline not for the faint-hearted
  • Against the odds: Days at sea with Fresh Del Monte
  • Carriers lose out on e-commerce returns by failing to find solutions
  • Safety management among carriers yet to catch up with ship sizes, say insurers
  • On the wires: Hapag-Lloyd - worth $76bn; Q1 $4.7bn income; 0.4% tax rate
  • Brexit has harmed SMEs, but it's 'an opportunity for forwarders'
  • Peel Ports to extend its reach with Salford trimodal terminal
  • Celeste Thomasson and Pascale Dubois join Geodis executive board

Marine Logweb site
MAY 12, 2022
  • All American Marine delivers second 150-passenger cat to Alaska tour operator
    The All American Marine (AAM) shipyard in Bellingham, Wash., has completed construction, launched, and delivered the Skana, a 150-passenger hydrofoil-assisted catamaran for Major Marine Tours. This is the second vessel AAM has
  • Empire Wind picks ECO to provide plug-in hybrid SOV
    Empire Offshore Wind, a joint venture between Equinor and BP, has reached a long-term charter agreement that will see Edison Chouest Offshore (ECO) provide a plug-in hybrid service operations vessel (SOV) for
  • Carolinas offshore wind lease sale draws $315 million in winning bids
    Yesterday's Department of the Interior wind energy auction for two lease areas offshore the Carolinas attracted competitive winning bids from two companies - TotalEnergies Renewables USA and Duke Energy Renewables Wind -

Lloyd's Listweb site
MAY 12, 2022
  • Teekay expects tanker trade dislocation to stay
    Longer-haul trade likely to continue as the West shuns Russian oil, but headwinds such as a dip in the global...
  • Legal framework years behind autonomous shipping revolution, lawyer warns
    'We've got new technology created new law, with potentially new outcomes without necessarily knowing what will happen next,' says HFW...
  • Banks start selling Sovcomflot fleet as sanctions deadlines loom
    Sovcomflot is negotiating the sales of dozens of its vessels to multiple Chinese and Middle Eastern buyers before sanctions deadlines...
  • Supply chain snarl-ups boost HHLA revenues
    Despite having to shutter one of its facilities HHLA's earnings rose during the first three months. Higher storage fees at...
  • UN tries to raise $80m to fix FSO Safer, but gets just $33m
    A UN meeting at The Hague raised $33m of its $80m target to transfer oil from floating storage vessel Safer...
  • Capesizes jump to five-month high
    The market has now overtaken the panamax, supramax and handysize segments which had surpassed daily earnings for the capesizes over...
  • Hapag-Lloyd forecasts decline in freight rates and demand
    Consumer confidence is being knocked by inflation and uncertainties. While disrupted supply chains are set to remain, Hapag-Lloyd expects demand...
  • Ukraine 'dislocation' of tanker market helps Euronav narrow losses
    Belgian tanker giant and aspiring market consolidator sets out a positive view of tanker market fundamentals ahead of a crucial...
  • Marsh upbeat on North's merger with Standard
    Reduced volatility will mean more stable technical results and thus more competitive pricing if deal goes ahead, says Marsh
  • China Merchants sells dry bulker pair as part of fleet renewal
    CMES says old vessels are not eco-friendly and energy-saving since their Energy Efficiency Existing Ship Index is 20%-30% higher than...
  • Pacific Basin joins initiative to develop zero-emission ships
    Chief executive Martin Fruergaard says the dry bulker owner and operator makes zero emission-ready vessels the default choice by 2030...
  • First Ship Lease tanker remains detained in India
    'We are just a carrier of the cargo, which is a legitimate cargo,' says chief executive, declining to specify the...
  • Palm oil carrier Golden-Agri Maritime signs Sea Cargo Charter
    Sea Cargo Charter signatories commit to disclosing annually how their bulk chartering activities fit the International Maritime Organisation's decarbonisation targets
  • Swire Shipping joins World Shipping Council
    Swire Shipping recently announced it had signed a deal to buy Westwood Shipping Lines, a US-based multi-purpose transpacific service operator
  • Daily Briefing
    Gard chief rejects Scandinavian 'superclub' idea | Why VLCCs haven't joined the tanker market turnaround | Port throughput masks volume...

The Journal of Commerceweb site
MAY 12, 2022
  • Shippers wary over lack of clarity on Shanghai reopening
  • Growing South Asia imports serve as China hedge for NY-NJ shippers
  • Amazon's freight brokerage taps MercuryGate for shipper volume
  • Long-term contracts 'safeguard' Hapag-Lloyd earnings: CFO
  • Dockworker stoppages hit Colombo port flow amid protests in Sri Lanka

TradeWindsweb site
MAY 12, 2022
  • CMA-CGM eyes up to 7% bunker savings from Singapore just-in-time initiative
  • Eastern Pacific boosts its LNG carrier fleet as bank sells former Sovcomflot quartet
  • CMA CGM moves to credit US shippers who return containers early
  • Teekay Corp sells FPSO and plans to send another to the scrapyard
  • Do Saverys want to quickly sell off Euronav tankers to go green? Define 'quickly'
  • Bullish Seaspan parent Atlas sees supply chain woes keeping container rates high
  • American Shipping rescues Solstad vessel and enters sector for former Jones Act specialist
  • Teekay Tankers sells another ship as rates rally
  • Los Angeles-Shanghai tie-up offers model for green shipping corridors in the US
  • Dahm says KCC 'lucky' to have avoided Black Sea calls after invasion
  • SFL bags profit from vessel sales to Frontline and MSC
  • Falch leaving Arctic as Glastad family brings in second top shipping analyst
  • 'Competition is good': Gard boss responds to the challenge of consolidation
  • Europe's dirty habit feeds the flames of Putin's war
  • Shipping investors line up to partner Aqualung Carbon Capture
  • Coming to a stock exchange near you: mandatory carbon reporting
  • Euronav yet to decide crucial Frontline merger vote 'hurdle' percentage
  • Turkish seafarer dies in fire on cargo ship off Russia
  • UN plans to buy Houthis a tanker to replace 'time bomb' FSO
  • RCL demands release of ship seized for breaching Indonesia's palm oil ban
  • Only two of 22 listed bulker owners earned above-market rates in 2021, but there's a good reason
  • Belships bumps up dividend payments after strong start to the year
  • Broker Gallagher predicts more P&I mergers within a year
  • Hapag-Lloyd profits up 200% as container market 'peaks'
  • Klaveness brings in former Hoegh and Navig8 exec Abelsen to run fleet
  • 'Hurricane of hunger' threatens millions unless Ukraine can get its grain to market
  • Pacific Basin teams with Japanese players to develop zero-emission bulk carriers
  • Euronav positioned for 'next tanker cycle' as ship sales reduce loss
  • Disgruntled Navios shareholder Sherwood renews attacks on stalled dividend
  • Thoresen pumps out healthy first-quarter profit despite a cooler freight market
  • Roll up, roll up for the battle royal set to rock Euronav
  • Eight BP Shipping product tankers floated for sale in tonnage-hungry market
  • Carnival shares hit 52-week low on inflationary fears
  • BW Group's Hafnia stake falls below 50% after $100m share placement

American Shipperweb site
MAY 12, 2022
  • Has the peak of container shipping's epic boom already passed?
    Ocean carrier Hapag-Lloyd sees consumer demand and spot rates slipping, with market highs in the rearview mirror.
  • Israeli company confirms Cargojet deal for Boeing 777 cargo conversions
    Israel Aircraft Industries announced Cargojet as the third customer for its program to convert Boeing 777 jets into full-time freighters.

The Bunker Bulletinweb site
MAY 12, 2022
  • Crude flat despite tight refined products stocks, demand concerns
    US gasoline stocks fall, distillate stocks edge lower.
  • Midsize tanker volatility an 'ongoing feature' amid geopolitical environment: Teekay CEO
    Freight for midsize Suezmax and Aframax tankers have been in flux since late February as European crude buyers look to replace Russian crude with US Gulf Coast origin barrels.
  • INTERVIEW: Methanol bunkering to jump on shipping's decarbonization thrust: Methanol Institute COO
    Russia's invasion of Ukraine has highlighted the need for an orderly energy transition pathway.
  • Panama Canal Authority suspends Neopanamax locks 49.5-foot draft restriction
    Maximum draft at Neopanamax locks had previously been reduced to 49.5 feet.

›››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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