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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:38 GMT+1
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BRIEFS
July 20, 2022
The Loadstarweb site
JULY 19, 2022
  • Trade blockages ease, but recession seems to be looming, say economists
  • US imports continue to flood in, but more still arriving at east coast ports
  • Angry shippers kept in the dark by CMA CGM over Vanda cargo
  • CMA CGM exec Nicolas Sartini joins MSC to lead Bolloré acquisition
  • Lufthansa Cargo sets itself ambitious targets as it moves towards 'net zero'
  • On the wires: Earnings season opens - PE, Saadé & Kuehne (and currency) rule
  • Logistics errors cost pharma sector $35bn a year - smarter data could help
  • Container glut pushes down second-hand prices, but carriers still ordering new
  • Barge users face major surcharges as water levels drop across North Europe
  • UK ports call for expansion of freeport initiative to boost 'levelling-up'

Marine Logweb site
JULY 19, 2022
  • WETA awarded $14.9 million to develop San Francisco zero-emission ferry network
    The San Francisco Bay Area Water Emergency Transportation Authority (WETA), which operates the San Francisco Bay Ferry Service, has won a $14.9 million grant from the California State Transportation Agency (CalSTA). It
  • Foremost Group orders two eco-friendly capesizes at Namura
    New York City headquartered Foremost Group yesterday signed an order with Namura Shipbuilding for two new 185,000 dwt capesize dry bulk carriers that will be among the most eco-friendly in the world.

Lloyd's Listweb site
JULY 19, 2022
  • Owners drawn to wind-assist technology amid high fuel prices
    In an era of high bunker prices, impending efficiency regulations and additional carbon costs, owners are going back to shipping's...
  • UK Club cuts deficit as turnaround continues
    Ever Given insurer describes year's major claims experience as benign, despite shelling out for boxship grounding
  • Liverpool dock workers to be balloted on strike action
    Unite union claims 7% pay increase fails to match inflation. But Peel Ports says terms are 'industry leading' and that...
  • Is China's potential coal ban lifting all that bearish for dry bulk shipping?
    Analysts are divided about the impact to dry bulk shipping from the emerging news that China is considering lifting restrictions...
  • Ports seek role in UK's levelling up agenda
    UK ports in the north feel they can play a role in government plans to redistribute development
  • Ocean Yield agrees resale deal for another methanol-ready boxship
    Resale of mid-size boxship to Ocean Yield includes a seven-year charter as part of the deal. Meanwhile, high containership values...
  • Hafnia issues new shares amid consolidation drive
    Additional 150m common shares to provide Hafnia with flexibility in possible share issues to raise funds, says chairman
  • Norton Rose Fulbright appoints new head of Greek offices
    Banking, finance and restructuring partner has expertise across range of sectors
  • Container equipment prices set to fall as market equalises
    Carriers went on an equipment buying spree to meet capacity requirements over the past two years. With demand set to...
  • SITC expects bumper first-half profit on high freight rates
    The carrier warned of the risk of overcapacity in the days to come
  • Study links Singapore bunker sales to pollution
    Singapore sells about one fifth of the world's marine fuel and more than three times that of any other country
  • Zeaborn to manage Fednav ice-class bulk carriers
    Fednav operates the largest fleet of ice-class bulk carriers worldwide with about 120 vessels
  • Daily Briefing
    Rise in longer-term charter rates seen for VLCCs | EU coal terminals boost stockpiles ahead of Russian ban | Annual...

The Journal of Commerceweb site
JULY 19, 2022
  • Larger US truckload carriers still adding drivers
  • Panama Canal approves new toll structure, fees for empty boxes
  • Post-lockdown Shanghai container volumes lagging Q1
  • AB5 protests temporarily close Oakland's largest marine terminal
  • Container availability plentiful in Asia despite destination backlogs
  • Vizion plots broader role in global supply chains with fresh funding

TradeWindsweb site
JULY 19, 2022
  • 'Renewed confidence' as VLCC rates from Middle East to China keep rising
  • Star Bulk Carriers: big dividends coming even in a cooler dry market
  • Chinese chief officer wins IMO bravery award after liferaft rescue
  • Putin's Iran visit key for Ukraine grain export breakthrough
  • BP's trading & shipping lead Carole Howle says stay curious
  • ITF claims victory after 'dockers' clause' passes legal test
  • Maersk Supply sells two laid-up AHTS ships with rates riding high
  • Daewoo newbuilding contracts under threat as shipyard strike persists
  • New shipowning names emerge in line-up for Qatari LNG newbuildings
  • Van Oord takes Eidesvik ship for five years with purchase option
  • Silversea Crystal shells out $245m for luxury expedition cruiser Crystal Endeavor
  • Germany's SAL orders up to six MPP and heavylift vessels from Chinese shipyard
  • Diana Shipping fixes out capesize for $7,500 more per day
  • Tufton eyes longer-term tanker deals but tips container ship weakening
  • Eastern Pacific fixes scrubber-fitted car carrier at 'unprecedented' rate
  • Russian arms ship arrested in India over unpaid fuel bill
  • Bahri expands with move into the LR2 sector and VLCC time charters
  • Insurers calm on Ukraine total loss claims despite looming deadline
  • Excelerate Energy inks Bulgarian gas supply deal to underpin Albanian LNG terminal
  • Advantage Tankers suezmax out of action for a week after fire off Spain
  • Ocean Yield buys methanol container ship resale for Zim charter
  • Libya reported to have lifted force majeure on oil exports
  • Seanergy spinoff United Maritime to raise $26m through new public offering
  • Coastal trades set to draw in more MRs from mainstream fleet, says Braemar

American Shipperweb site
JULY 19, 2022
  • US containerized imports keep record pace in June, start strong in July
    America's goods imports hit a capacity ceiling during the COVID-era boom. Volumes are still bouncing around near the top.
  • Freighter conversions: More wins for 737-800 as Airbus finishes 1st A320
    Boeing, Airbus and independent aviation engineering companies are trying to meet demand for converting standard passenger jets to cargo configuration.

The Bunker Bulletinweb site
JULY 19, 2022
  • Low water levels disrupt distillates shipments along Rhine system
    Lower water levels see more gasoline travelling into ARA due to lower freight, greater barge availability.
  • Crude moves higher amid weaker US dollar, steep equity rally
    NYMEX August RBOB settled 4.32 cents higher at $3.3075/gal while August ULSD declined 2.87 cents to $3.6268/gal.
  • IEA grants Ukraine 'association' membership, says invasion could be global energy 'turning point'
    Alluding to the oil crises of the 1970s, however, Birol said Russian supply shortages could prove a stimulus, both for other sources of gas supply and low-carbon innovation.
  • Shell, Engie, Vopak to explore liquid hydrogen supply from Portugal to Netherlands
    A first shipment is aimed for by 2027, it said.
  • Japan adds pressure on Saudi Arabia for more crude supply
    The US, Japan, India and the UK have been among the large oil consuming countries, along with the EU, pressuring OPEC and its allies to pump more crude to cool high oil prices and offset the impact of sanctions on Russia, though they have so far been met with a cold shoulder.
  • ADNOC, TotalEnergies ink deal on product supply, trading, carbon capture
    The deal follows the signing of the UAE-France Comprehensive Strategic Energy Partnership, which is focused on enhancing energy security, energy affordability and decarbonization, as well as progressive climate action ahead of COP28 that will be held in the UAE in 2023, ADNOC added.
  • China carbon market still needs to enhance top-level design, roadmap
    China's national compliance emission trading scheme has been operating for one year.
  • OIL FUTURES: Crude softens but tight supply outlook curbs losses
    The lifting of force majeure on Libyan oil exports pushed back against supply concerns that underpinned strong trading on Monday.
  • Nigeria losing 400,000 b/d oil output to pipeline attacks, theft: NNPC
    Crude and condensate production averaged 1.403 million boe/d in June, according to data from Nigerian Upstream Petroleum Regulatory Commission.
  • SAUDI DATA: Oil inventories build to 20-month high as exports fall
    The world's largest crude exporter sold 7.050 million b/d into the global energy markets in May, which was the lowest volume of exports since January, when it sold 6.996 million b/d, the data showed.
  • Libya's NOC says five tankers to export crude after lifting force majeure
    A tanker is scheduled to arrive at the Zueitina terminal to load 1 million barrels of Abu Attifel crude July 20, while a tanker will stop at the Es Sider terminal over July 19-20, the statement said. Two other tankers will arrive at the Ras Lanuf terminal over July 20-21, while another tanker will load 600,000 barrels of Brega crude during the period.
  • South Korea HSFO bunker spread against Singapore widest in nearly three years
    A steady pickup in HSFO bunker demand at South Korean ports since July has led suppliers to extend delivery lead times, as an inventory drawdown reduced product availability, traders said July 19.
  • HONG KONG DATA: May fuel oil imports rise 53% on month to 2.51 mil barrels
    Although the tightness in high sulfur fuel oil bunkers peaked during the first half of May, the progressive easing of supply situation weighed on bunker premiums since the second half of May, as sellers were able to secure more cargoes to meet downstream demand, market sources said.

›››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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