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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:28 GMT+1
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BRIEFS
July 14, 2022
Exim Indiaweb site
  • APSEZ achieves 100 MMT throughput in just 99 days of ongoing fiscal
  • HTOA organises conference in Delhi to celebrate its 15th anniversary & 7 years of launch of ODC portal Nitin Gadkari graces occasion
  • 'Cochin Port aspires to become the leader in providing world class maritime services & emerge as a preferred gateway of peninsular India'
  • You ask.. We answer...
  • DPA takes action to prevent idling of dry cargo berths during monsoon
  • Govt mulls SOP for GST summons to end harassment
  • Govt promoting North-East region as agri export hub
  • CEVA Logistics continues Africa expansion with Spedag Interfreight Acquisition
  • Export of wheat, rice, flour from Kandla affected due to heavy rains

The Loadstarweb site
JULY 13, 2022
  • German port strike 'chaos' set for Thursday as talks collapse
  • The mystery of APL Vanda deepens, as CMA stays tight-lipped
  • Market insight: DP World's Kenya deal - a hornet's nest?
  • High costs said to have stymied Amazon's Newark Liberty airport plan
  • Indian shippers cry foul as box lines cut sailings and port calls
  • Australian shippers enjoy rate drop, but decry 'broken' biosecurity rules
  • Cainiao starts Shenzhen-Kuala Lumpur air freight service
  • More than 3,000 trucks wait at Chittagong to unload exports
  • Billund Airport sets out plans for future IT platform as volumes grow
  • ZeroNorth to provide carbon analytics for 90-strong Unifeeder fleet
  • Snapshot: FM Logistic and Wincanton see sales boost...

Marine Logweb site
JULY 13, 2022
  • VIDEO: Berge Bulk to fit two vessels with rotor sails
    Hard sails or rotor sails? Singapore-based Berge Bulk is trying both options. Last month we reported that the company is to retrofit the 210,000 dwt, 2018-built bulk carrier Berge Olympus with four
  • Ulstein books order for up to 4 CSOVs
    Fosnavaag, Norway, headquartered Olympic Subsea ASA has placed a firm contract with Ulstein Verft for two offshore wind Construction Service Operation Vessels (CSOVs). Deliveries are planned for the spring and summer of

Lloyd's Listweb site
JULY 13, 2022
  • High fuel spreads boost scrubber benefits
    Owners with scrubbers are poised to benefit from lower costs and higher premiums for time charters
  • Russia says political expulsions compromise maritime safety
    A decision to expel Russia from the Paris Memorandum of Understanding on Port State Control is ultimately risking maritime safety standards...
  • Bunker suppliers struggle to meet demand for forward commitment
    While the shortage of bunker supply has generated demand from some shipowners and charterers to lock in volume through forward...
  • China oil bounce-back to offset diesel demand decline, says IEA
    Export volumes of refined products and crude from a 'resilient' Russia forecast to remain at or near pre-invasion levels, International...
  • Demand from shippers driving supply chain sustainability initiatives
    Lawyers highlight trend for big-name ocean carriers to future-proof multi-year contracts with clauses giving them broad ability to pass on...
  • Container equipment market faces 6m teu surplus
    Intensive ordering has led to the global container pool having more capacity than is required. But new regulations and a...
  • Seafarer safety is critical to the decarbonisation journey
    The push for cleaner, greener fuels should stimulate a root-and-branch discussion about safety on board. Blaming the seafarer for organisational...
  • Boxship charter rates continue to impress despite seasonal lull
    CMA CGM has fixed a 3,000 teu boxship for one year at $80,000 per day, while an 868 teu unit...
  • Cosco unit forecasts strong earnings despite $75.6m write-down
    Company orders $119.8m semi-submersible ship at a CSSC subsidiary shipyard
  • Bunker sales in Singapore down 9% in June
    The decline in bunker sales could be due to higher prices in Singapore, says a trader
  • Global piracy and robberies at near 30-year low
    Violence against crews continues, with 23 seafarers taken hostage and a further five threatened in the first half of 2022
  • Swire Projects agrees charters to expand MPP fleet
    Deal will take company's total fleet offering to 15 vessels by the end of the year
  • Daily Briefing
    Will shareholders pay the price for John Fredriksen's legacy-seeking strategy? | Euronav founders say legal merger with Frontline 'highly unlikely'...

The Journal of Commerceweb site
JULY 13, 2022
  • Rail issues a priority for White House task force: port envoy
  • Federal intervention likely to head off US rail labor action
  • Congested German ports prepare for two-day strike
  • Trans-Atlantic belly cargo capacity to dry up after summer: forwarders
  • Shipper pushing back against 'excessive' fees in latest FMC complaint

TradeWindsweb site
JULY 13, 2022
  • Deal to open corridor for Ukraine grain exports set for signing, Turkey says
  • Teekay Tankers tied to sale of oldest aframax as prices rise
  • Atlantic MR spot earnings slump 8% in a day as ships stack up and backhaul rates plunge
  • Green Seas: How Crowley got to grips with a carbon footprint 'across all scopes'
  • Moody's improves ratings outlook on Global Ship Lease
  • 'Hell of a price' for Concordia MR but Union Maritime not the buyer
  • Former TBS International winds down amid dry bulk boom
  • Russian exit: Trafigura sells $7bn stake in Rosneft's Vostok Oil project
  • Master jailed for illegal anchoring in Indonesian waters
  • Container ship demolition hit by drought in first six months
  • On the hunt: Oil Brokerage boss spreads recruiting outside of London
  • Tsakos Energy linked to Vitol VLCC as trader rejigs tanker fleet
  • Ukrainian cargo ship banned for a year after string of safety detentions
  • Greece's Vantage Shipping sells handysize bulker to Vietnam's Hai Phuong Co
  • Stig Remoy's Olympic Group enters wind arena with methanol CSOV order
  • Burning Turkish chemical tanker towed into Russian port
  • VLCCs could hit 'dreaded' US export capacity wall in 2024
  • Mehmet Kutman's Global Ports ends takeover talks with MSC
  • Cosco Shipping splashes out $120m for semi-submersible heavylift newbuilding
  • Shipping facing 'real and concrete' risks from sanction probes
  • Greece's CM Lemos moves into LR2s with newbuildings at Hyundai Mipo
  • Piracy levels at near 30 year lows, says piracy watchdog IMB
  • New Black Sea cruise operation launched despite the perils of the Ukraine war

American Shipperweb site
JULY 13, 2022
  • Los Angeles port boss: Fix rail service or risk 'nationwide logjam'
    Peak season imports are expected to remain strong but rail delays require 'immediate' attention, says Port of LA's Gene Seroka.
  • How Congress aims to reduce carbon emissions in shipping
    Congress introduced a bill to protect the health of port communities and address climate and environmental justice issues.
  • In topsy-turvy commodity trades, small ships outperform big ships
    From crude tankers to product carriers to dry cargo ships, the largest vessels are earning less than their smaller counterparts.

The Bunker Bulletinweb site
JULY 13, 2022
  • EIA says West Coast gasoline stocks, production, imports fall
  • Residual fuel oil stocks build for third consecutive week
  • Total US crude stocks plummet to18-year low: EIA
  • NYMEX RBOB retreats as post-July 4 demand slump sends US gasoline stocks higher
  • Renewables' edge over fossil fuels will be 'unprecedented' in 2022, IRENA says
    Renewables received a boost last year as the levelized cost of electricity from solar PV fell 13% from 2020, onshore wind fell 15% and offshore wind fell 13%, IRENA said in the report.
  • Global refinery runs rise in June, but fail to keep up with demand: IEA
    Throughput in June rose by 600,000 b/d month on month to 79.7 million b/d, which was also 1.4 million b/d higher than April's seasonal low, but as refined product demand increased "one-and-a-half times as fast" between April and June, the gap between product supply and demand widened, the IEA said.
  • REFINERY NEWS ROUNDUP: Upgrades in Africa
    South Africa's decision to defer implementation of more stringent gasoil and gasoline specifications to 2027 could provide a lifeline to the country's refineries, according to downstream energy consultancy CITAC.
  • Saudi Arabia's cargo volume jumps 16.1% in June, container throughput rises 5.5%
    General cargo volume surged 55.7% over the same period to 790,500 mt,
  • IEA cuts oil demand growth estimates on 'deteriorating' economic environment
    In its monthly oil market report, the IEA highlighted weaker-than-expect demand from the US summer driving season and reduced its demand growth estimates by 100,000 b/d for both years to 1.7 million b/d and 2.1 million b/d, respectively.
  • OIL FUTURES: Prices rebound to steady at $100/b, high volatility expected to persist
    Although crude prices rebound as investors digested OPEC's bullish 2023 outlook, market participants expect high volatility over the short-term to persist due to an imbalance between paper and physical traders expectations.
  • European weekly fuel oil exports to Asia drop: Kpler
    That will lower the four-week rolling average to 270,206 mt, from 449,000 mt a week earlier.
  • Singapore bunker sales fall 8.7% on year to 3.75 mil mt
    Sales of low sulfur fuel oil declined 11% on the month to 2.35 million mt, and were down 14% on the year, mainly affected by the dearth of cargo availability, while high bunker prices and a lack of spot loading cargoes in the city-state also deterred some buyers.
  • EU ETS can be test case for global shipping carbon market: Cyprus government official
    There have been calls for the International Maritime Organization to implement a flat rate carbon levy.

›››File
FROM THE HOME PAGE
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%)
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.
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
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
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
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
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
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
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