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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
23:59 GMT+1
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BRIEFS
July 13, 2022
Exim Indiaweb site
  • RBI releases framework for international trade settlement in Indian Rupees (INR)
  • Exponential rise in retail & e-commerce businesses seen fuelling growth of warehousing & logistics sector
  • New Just-in-Time Port Call Data Definitions open for review
  • Global piracy & armed robbery incidents at lowest level in decades
  • May 2022 air cargo buoyed by easing of Omicron restrictions in China
  • Emirates SkyCargo takes delivery of new freighter
  • CargoAi brings its digital ecosystem expertise to CargoTech
  • Etihad Cargo reinforces commitment to China capacity
  • IRS to provide comprehensive range of services to GRSE
  • S. Railway originating freight loading in Q1 exceeds target
  • CBIC notifies procedural changes in GST rules
  • AP ships 120 tonnes of tobacco to the US
  • Inflation a major global worry
  • DGFT likely to permit exports of some quantity of wheat

International Transport Journalweb site
  • Reliability before price

The Loadstarweb site
JULY 12, 2022
  • Shanghai Covid scare raises spectre of further lockdown disruption
  • APL Vanda delayed in Djibouti after mystery incident
  • Forest fires and chassis shortage sees NAM port congestion rise again
  • Maersk's Billund Airport hub rejects community IT system - for now
  • Disruption and high freight rates created by competition authorities, says ITF
  • Concerns mount over California's AB5 trucker classification law
  • PanStar orders cruise ship with box capacity
  • Against the odds: Where have all the workers gone?
  • Qatar Airways' $1.5bn profit versus Emirates' $1bn loss - why?
  • Lars Widelund joins Scanlog as business development manager
  • Keld Mosgaard Christensen to head Port of Salalah

Marine Logweb site
JULY 12, 2022
  • "Tougher than IMO" bill on ship emissions introduced in House
    There have long been warnings that failure by IMO to act more aggressively on shipping decarbonization would lead more countries and regions to introduce their own measures. Already, the EU is moving
  • Lake Pilots take delivery of third Gladding-Hearn launch
    Gladding-Hearn Shipbuilding, Duclos Corporation, has delivered a new pilot boat to the Lake Pilots in Port Huron, Mich., by road transport. The Resilient Class high-speed launch is the pilots' third boat built
  • Philly Shipyard cuts steel for third NSMV
    TOTE Services and Philly Shipyard yesterday celebrated the cutting of steel for the third National Security Multi-Mission Vessel (NSMV), which is set for delivery to Maine Maritime Academy by the end of
  • VIDEO: U.S. biomass exports could reach Japan on hard sail fitted ships
    The Drax Group, whose U.K. power stations generate electricity using wood pellets produced from sustainable low-value commercial forestry residues, is also a major supplier of those pellets worldwide. Now it is looking
  • ClassNK awards AiP for ammonia-fueled tugboat design
    A Japanese project aimed at trialing an ammonia-fueled tugboat - the A-Tug - in the port of Yokohama by FY2024 has reached an important milestone. It has now gained an Approval in

Lloyd's Listweb site
JULY 12, 2022
  • MSC's TiL ports unit unveils $705m investment in Le Havre
    Terminal Investments Ltd takes sole ownership of two joint venture container terminals at France's port of Le Havre
  • Will shareholders pay the price for John Fredriksen's legacy-seeking strategy?
    'It's basically exchanging shares of Euronav into shares of Frontline. Then you have to have faith in the John Fredriksen...
  • Maritime fintech platform expands with new version
    Cost and time benefits of the platform are increasingly being pitched to banks
  • UK Club 'disappointed' by court ruling on Venezuela claim
    Marine mutual cannot be granted permanent anti-suit injunction because South American government enjoys sovereign immunity, but loss of military patrol...
  • MSC pulls out of offer talks with Global Ports Holding
    MSC had until July 13 to turn an intention into a firm offer or walk away
  • China port congestion risks further disruption
    China's ports are suffering from congestion against a backdrop of bad weather and high yard density. A further shutdown in...
  • Containership master reported missing at sea
    The 4,200 teu chartered boxship left the Turkish port of Yalova on June 30 and arrived at Algeciras on July...
  • Sanctioned Sovcomflot calls bondholder meeting over 'impracticable' terms
    Sanctioned Russian shipping company has called for meetings with Irish bondholders to find alternative ways to make repayments
  • Interoperable electronic bill of lading takes a step forward
    Digitalised bills of lading can save time and money for carriers and beneficial cargo owners. But individual platforms need to...
  • Britannia's Cutler in line to chair International Group
    Britannia CEO expected to take on role for three-year term in November
  • Fuel supply reliability seen as key concern in volatile market
    'Day to day there can be a price change of $30, $40, $50 per tonne of oil,' says Maersk Oil...
  • Euronav founders say legal merger with Frontline 'highly unlikely'
    The Saverys family, which owns 19.6% of Euronav compared with John Fredriksen's 18.8%, is opposed to a voluntary share exchange...
  • ITF calls for more intervention in container shipping
    Transport think tank calls for a reconsideration of policies surrounding container shipping after the disruption of the past two years...
  • Fearnley Securities to offer 'green transition' services
    'Fearnley Securities will be better positioned to service the group's regional clients within our traditional core sectors,' says general manager
  • Global Centre for Maritime Decarbonisation signs partnership deal with law firm
    GCMD deal with Ashurst aims to foster collaboration to accelerate the maritime industry's decarbonisation efforts
  • Daily Briefing
    Share exchange launched for Frontline and Euronav merger | Russian class society remains EU recognised organisation | Jailed former shipowner...
  • Seafarer suicide is part of a wider mental health crisis
    A study conducted on behalf of the UK government concludes that better data and a holistic approach to mental health...

The Journal of Commerceweb site
JULY 12, 2022
  • US truck demand rising despite slowing economy
  • Slipping US intermodal performance linked to warehouse capacity crunch
  • Ocean carriers, port terminals navigate OSRA-22 complexities
  • Shipping needs greater regulatory intervention: ITF
  • ExxonMobil, container lines testing eBL vendor interoperability

TradeWindsweb site
JULY 12, 2022
  • Abandoned crew of Saint James tanker defies jail threat
  • Finding the hidden contours of shipping's impact on inflation
  • Miller acquires broker Lead to grow in Japanese market
  • MOL to order more sail-fitted bulkers for Drax contract
  • Velos returns to growth with Hafnia MR amid robust S&P activity
  • North Sea rates jump as charterers pile in for 'disappearing' aframaxes
  • Oaktree could take 50% stake in GEOS as part of $80m loan deal
  • UK government calls for action on maritime's 'mental health crisis'
  • Master and wife receive compensation over groundless ship detention
  • Shell's Prelude FLNG unit shuts down again in battle over pay
  • Sanctioned Sovcomflot calls bondholder meeting to beat payment block
  • Shipping lending jumps $459m at DNB as markets boom
  • ZeroNorth optimisation platform signs up Unifeeder's 90-ship fleet
  • Transport Capital beefs up Greek presence with Alexandros Valentis appointment
  • Emirates Shipping sells panamax crude tanker as former compatriot UACC rebrands
  • Marubeni invests in Australian FSRU LNG import project
  • Inui Global Logistics retains defences despite activist investor ending feud
  • Korean Register looks west in search of new growth

American Shipperweb site
JULY 12, 2022
  • Latam deploys more freighters to boost European cargo connections
    Latam Cargo's expanded freighter fleet has made it possible to open up extra dedicated service between Europe and the Americas.
  • Regional cargo haulers move to convert standard passenger jets
    Companies that want standard freighters from the pre-owned market are in a race to find suppliers. Raya Airways and ASL are in the door with...

The Bunker Bulletinweb site
JULY 12, 2022
  • Brazil plans to buy 'cheap' diesel from Russia amid price concerns: Bolsonaro
    Brazilian President Jair Bolsonaro indicated the country is close to buying cheap diesel cargoes from Russia
  • EIA lowers oil price outlook but warns of continued risks to global markets
  • US Energy Secretary pushes clean energy as solution to high energy prices, energy security woes
  • ICE Brent falls below $100/b amid global recession fears, China lockdown concerns
  • REFINERY NEWS: PetroChina Dalian resumes gasoline export in July
    State-owned PetroChina's 20.5 million mt/year flagship refinery Dalian Petrochemical in the northeastern Liaoning province, will resume exporting gasoline in July, according to sources with knowledge of the matter July 12.
  • Japan needs supply, demand saving measures for Sakhalin 2 LNG contingency: IEEJ
    Russia accounted for 9% of Japan's total LNG imports of 74.32 million mt in 2021, its fifth-largest supplier, according to data from Japan's Ministry of Finance.
  • CHINA DATA: Carbon Emission Allowance price at $8.50/mtCO2e July 8
    The price decrease was driven by a continuous drop in demand.
  • ASIA MIDDLE DISTILLATES: Key market indicators for July 12-15
    The Asian gasoil complex may continue to show signs of weakness over the coming week as refineries in the region maximize gasoil exports to capture still-high cracks.
  • South Africa deferring tighter fuel specs could prop up refineries
    The introduction of a 10 ppm sulfur content cap and 1% benzene limit in gasoline has been delayed to July 2027 from September 2023, according to the official national gazette.
  • OIL FUTURES: Crude extends losses amid COVID-19 surge in China, weak global economic outlook
    In addition, the US department of energy's sale of barrels from the Strategic Petroleum Reserve (SPR) at the rate of 1 million b/d bolstered the fall in oil prices pushing the price curve ahead, as market players expect higher prices in the future when eventually the US government decides to reverse course, according to Smith.
  • Oil, commodity prices under renewed pressure as euro flirts with dollar parity
    Brent crude futures were trading 2% lower at below $105/b in early European trade amid fears of new lockdowns due to COVID-19 infections in China and fears that fiscal tightening by Central Banks will tip global growth into reverse.
  • ASIA RESIDUAL FUELS: Key market indicators for July 12-15
    High sulfur fuel oil supply was likely to remain ample July 12-15 due to increasing inflows to Asia, sources said, even though Saudi Arabia has started buying HSFO for demand in the Red Sea.
  • RUSSIA DATA: January-June crude, product port throughput rises 4.1% on year
    Crude oil throughput was 11.8% higher on the year at 130.6 million mt, while oil products were down 8.6% to 68.3 million mt in the same period, the association said. LNG was up 7.5% at 18.6 million mt during the firts half of the year.
  • Damping mechanism protects Russian domestic oil market: Spimex
    The damping mechanism was introduced to compensate Russian producers when export prices exceed domestic values.

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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