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24 November 2024 - Year XXVIII
Independent journal on economy and transport policy
22:16 GMT+1
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BRIEFS
July 25, 2022
Exim Indiaweb site
  • Hazchem & Liquid Bulk 2022 a grand all-round success
  • 5G trials commence at DPA in record time
  • Alliances have preferential services for blank sailings
  • CCI issues cease & desist order against Trailer Owner Associations based in Chennai for indulging in anti-competitive practices
  • Modifications to Panama Canal tolls structure approved
  • Russia reportedly asks India to pay in dirhams for oil import
  • Infrastructure development & capacity augmentation at Major Ports a continuous process: Minister
  • GDP to grow at 7-8 pc in coming decades: Panagariya
  • Coal output up 32.57 pc in June
  • Surging medical devices imports hurting India's small, medium units: Analysis

The Loadstarweb site
JULY 22, 2022
  • 'Lines banging on our door' as spot rates tumble and peak season disappoints
  • Airfreight rates out of Asia take a dive as demand from the west is 'subdued'
  • CMA CGM increases ocean freight rate discounts after government pressure
  • California refuses to back down on AB5 law, as truckers blockade port
  • Against the odds: Dressed to KILL - DHL or M'rsk, or both?
  • Rich opportunities for regional cargo airlines blocked by pilot shortage
  • Shipping lines begin to relax freight rules for Ukraine with 'trusted partners'
  • M20 crash adds to freight misery at Dover, already beset by staff shortages
  • Snapshot: Neumann's NOYTECH born out of Kuehne + Nagel Russia & CIS

Marine Logweb site
JULY 22, 2022
  • MARAD awards $19.6 million in Small Shipyard Grants
    The U.S. Department of Transportation's Maritime Administration (MARAD) yesterday announced the award of $19.6 million in grants to 24 small shipyards in 19 states. Made through the Small Shipyard Grant program, the
  • AIDAprima bunkers with biofuel
    Netherlands-based biofuels specialist GoodFuels has successfully completed its first bio-bunkering for a large passenger ship. In partnership with Carnival Corporation's AIDA Cruises brand, the 3,286-passenger AIDAprima was refueled with GoodFuels' sustainable biofuels
  • Eastern Shipbuilding files GAO bid protest of Stage 2 OPC award
    Panama City. Fla.-based Eastern Shipbuilding Group Inc. (ESG) has filed a bid protest with the GAO contesting the U.S. Coast Guard's decision to award Stage 2 of the Offshore Patrol Cutter (OPC)

Lloyd's Listweb site
JULY 22, 2022
  • Black Sea arrivals rising amid changing trade dynamics
    Trade in the Black Sea is changing as shipowners adapt to the new wartime norm
  • Russia and Ukraine reach deal on grain shipment corridors to ease food crisis
    'IMO instruments, including the International Ship and Port Facilities Security (ISPS) Code, underpin this agreement for safe and secure shipping...
  • Flexible solutions bring sustainability a step closer
    Alternative fuels have held the industry back over the past decade, but fuels will not be the overriding issue going...
  • Container freight rates continue to ease as demand softens
    Rising inflation has put a dampener on demand for containerised freight after the bonanza of 2021. But declines in rates...
  • Getting Ukrainian grain to the hungry really is a matter of life and death
    Agreement to resume shipments is good news from a commercial standpoint, and even better news for the tens of millions...
  • Bulk carrier values on the turn
    With the exception of the capesize sector, freight rates have been on a downward trajectory with values for panamax and...
  • Shipyards face cancellations over weak freight market and interest rates
    Yards have built up a large order backlog, with deliveries scheduled up until 2026. This means that construction of most...
  • Carrier investments could ease detention and demurrage burden
    High charges will remain until disrupted supply chains are cleared. But carrier investments into intermodal services could help alleviate the...
  • Membership splits may force maritime trade associations to rethink their role
    The many organisations representing all sectors of the maritime industry need to decide whether their main purpose is to provide...
  • Trade associations must deliver to survive
    At time when organisations representing maritime interests are under the spotlight, Maritime London's success rests on staying focused on the...
  • The Lloyd's List Podcast: It is time to take another look at recycling
    Ship demolition rates may be at a 10-year low, but that is exactly the right time to look at the...
  • EU needs $10.2trn investment to cut energy imports
    Clean ammonia or alternative clean hydrogen-based fuels - such as methanol - forecast to account for 69% of the total energy in...
  • K Line to build electric tug powered by battery
    Company says the shipbuilding project is part of its efforts to achieve net-zero emission by 2050
  • Tailwind reflags tankers in refinancing deal
    Tailwind's tanker fleet is employed in the Hansa Tankers pool
  • Daily Briefing
    Why 2022 is on course to be the worst ever year for crew abandonment | Dry bulk faces correction due...

The Journal of Commerceweb site
JULY 22, 2022
  • Partially reopened Oakland terminals face threat of cargo loss
  • Carrier SAL orders up to six super-heavy MPVs
  • Landside bottlenecks limiting West Coast marine terminal capacity
  • Rotterdam container volumes drop in H1 as recession hangs over Europe
  • Maersk puts price on Europe's emissions trading system
  • Carrier ancillary fee push amplifies cost woes for Indian hinterland shippers

TradeWindsweb site
JULY 22, 2022
  • Capital Product Partners raises another €100m in Greek bond market
  • VLCCs make big strides as rates near zero and suezmaxes keep rising
  • Dragnis takes LPG plunge, reveals bulker newbuildings
  • Flex LNG well-placed with term charters and tighter market ahead
  • Editor's selection: Newbuild strike strife, more leasing-linked arrests and Saade's tax defence
  • Tanker captains in distress warn of risks to crews and shipping
  • MOL installs its first telescopic hard sail on a bulk carrier
  • Hafnia pushes sales campaign of older ships with deal for MR trio
  • Container ship order boom cools as market dips and yard prices soar
  • SSY: Russia war to push tanker earnings to pre-Covid levels
  • LNG ordering hits 'record levels' as other sectors slump in 2022
  • Kanfer Shipping, Leth Agencies and EGAS seek partners for Suez LNG bunker hub
  • 'ATMs on board': Wartsila says interest increasing in scrubber retrofits
  • Oldendorff post-panamax bulker sale shows 80% jump in price in two years
  • Low-profile Mytilineos shows face at Propeller Club members' day
  • Himalaya is happy to wait on better rates for newbuilds as efficiency deadlines loom
  • Trafigura: Decarbonisation is an ultramarathon, not a sprint
  • Taiwan's CSBC inks rare MR tanker newbuilding order
  • Remoy Group boosts liquidity with PSV sales as it adds more managed ships
  • D'Amico taps DSF and Tokyo Century for $39m tanker refinancing
  • Columbia's O'Neil wants tie-ups to hit green goals
  • Sanctioned nations vie for oil sales to Asia on the 'dark' market
  • Cargo ship spills 35,000 gallons of fuel off Bahamas beach
  • X-Press Feeders sells small container ship as it cashes in on vintage vessel values
  • Daewoo workers willing to end strike in return for no retaliation

American Shipperweb site
JULY 22, 2022
  • Shipping line Maersk taps Amerijet for trans-Pacific air cargo expansion
    Ocean carrier Maersk is buying three Boeing freighters and outsourcing flying to Amerijet to penetrate the U.S.-Asia air cargo market.

The Bunker Bulletinweb site
JULY 22, 2022
  • Petrobras boosts Brazil Q2 refinery output 1.7% on higher utilization rates: company
    Increased refined-product output came as Petrobras maintained refinery capacity utilization rates at elevated levels.
  • Ukraine and Russia sign deal to allow Ukrainian grains exports to resume
    The deal was signed in Istanbul by Ukraine, Russia, Turkey and the UN Secretary General.
  • OIL FUTURES: NYMEX WTI hits three-month low as recession fears mount
    Demand outlooks came under pressure as preliminary PMI data showed signs of economic contraction in both the US and Europe.
  • OIL FUTURES: Crude softens on weak European economic data, global recession fears
    Nord Stream 1 gas flows resumed July 21 at 40% of capacity following 10 days of maintenance during which there were fears operations may not resume.
  • ARA fuel oil stocks rise 4.42% on week to 1.157 million mt: Insights Global
    Fuel oil accounted for 22.4% of total refined oil product stocks in the region, down from 21.8% a week earlier.
  • BUNKERWORD INDEX: HSFO prices pick up amid supply limitations
    **Rising demand strains HSFO supply in South Korea **Italian ports tight on HSFO, VLSFO **Weak buying interest in North America
  • European VGO loadings up 31% in week to July 22
    European vacuum gasoil markets were better supplied in the week to July 22, sources said, as product cracks have started to trend lower, with the FOB ARA Eurobob 10 ppm barge crack at a 10-week low.
  • European vacuum gasoil supply soars as distillate cracks soften: sources
    The European VGO market is historically dominated by Russian-origin product, but in the wake of Russia's invasion of Ukraine market participants have started to shun it, creating a very tight non-Russian VGO market in the months following the invasion.
  • Russian-origin naphtha exports to Asia rebound in July despite sanctions
    Prior to Russia's invasion of Ukraine in February, Asian buyers were mainly buying heavy full-range naphtha from Russia, with light naphtha suitable for cracker feed making up a small portion of the Russian inflows, sources said.
  • SINGAPORE DATA: Residual fuel stocks fall 4.9% in week to July 20 amid higher exports
    Hong Kong was also one of the major destinations of Singapore fuel oil, taking 83,400 mt in the week, while nearly nil was sent to Hong Kong in the previous week.
  • SINGAPORE DATA: Bitumen exports fall 28% on week to 43,855 mt
    The city-state's bitumen outflows to Malaysia rose more than three times to 15,726 mt, from 4,348 mt a week ago, while those to Vietnam surged 34% week on week to 10,850 mt, according to the data.
  • Japan's Russian crude oil imports fall to zero in June
    The June Russian crude imports slid from 242,575 kiloliters, or 49,218 b/d in May, compared with its import of 514,843 kiloliters, or 107,942 b/d, in June 2021, the MOF data showed.
  • DUTCH DATA: H1 crude oil throughput at Rotterdam up on Russian exports to India
    With refineries in Northwest Europe switching to non-Russian oil, Russian oil is finding its way to other markets, the port said.
  • CHINA DATA: H1 fuel oil exports slip 7% on year to 9.09 mil mt
    Encouraged by the rising quotas, Chinese refineries ramped up LSFO production to a historical high of 1.31 million mt in June, up 10.6% on the month and 38.1% higher on the year.

›››File
FROM THE HOME PAGE
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
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.
Last month the Port of Long Beach established its own new historical record of monthly container traffic, while ...
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
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
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
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
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› 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
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
No part may be reproduced without the express permission of the publisher
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