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03 December 2024 - Year XXVIII
Independent journal on economy and transport policy
18:40 GMT+1
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BRIEFS
April 27, 2022
Exim Indiaweb site
  • APM Terminals Mumbai launches rail service for empty container repositioning
  • Maersk beats expectations in Q1, expects full year 2022 to be stronger than previously anticipated
  • Paradip Port Authority to become a MEGA PORT
  • Indonesia not to ban crude palm oil export, only RBD palmolein
  • DLI handles first consignment of Indian Railways wagons at its Anekal PFT
  • India's GDP seen growing at 7.5-8 pc in FY23
  • MSC's new service connecting South China & Bangladesh
  • Gateway Distriparks' FY22 Consolidated PAT up 136.9 pc YoY
  • Shanghai restrictions & their impact
  • International Air Connectivity Scheme (IACS) to connect North Eastern states with select international destinations
  • Cathay Pacific appoints Rakesh Raicar as new Regional General Manager; airline back in Indian skies
  • Qatar Airways Cargo announces successful testing & commissioning of innovative transporter for air cargo pallets
  • India approached by many nations for wheat, sugar: Jaishankar
  • Crude oil import bill doubles to $119 bn in FY22
  • Vice President urges exporters to explore newer markets

International Transport Journalweb site
  • A third chance
  • From the hinterland to the front row
  • Tasma skips Samskip for Broekman
  • Intermodal network continues to grow
  • New leadership for Global Maritime Forum
  • J.B Hunt gets off to a good start in 2022
  • Fleet modernisation going ahead
  • BCS Air supports market entry in Brazil
  • Bernhard Huber heads Scania sales west
  • Kuehne stays on the rise
  • Priority options from Cathay Pacific Cargo
  • A stronger presence in Sweden
  • ZCT becomes a weekly service
  • CSafe Global expands executive team
  • MAG's performance improves by 60%
  • "Curiosity of the Day"
  • Chemical transporters awarded
  • Scandlines sails out of the storm
  • Trans-o-flex launches B2C pharma offer

The Loadstarweb site
APRIL 26, 2022
  • Carriers on course for a $300bn profit as Maersk hikes guidance by $6bn
  • Sluggish demand ex-locked-down China fails to dent expectant sea-air sector
  • Shippers frustrated over service levels pile pressure on Class I rail carriers
  • Bolloré posts spectacular Q1 growth, but says market recovery is in jeopardy
  • BCOs face extra 'trickle-down' costs as Indian Railways cuts haulage subsidies
  • On the wires: Reading the ocean tea leaves via Rotterdam & M'rsk
  • Against the odds: M'rsk steals Kuehne's thunder as M&A rumours rage
  • UK still regarded as the 'wild west' as importers avoid customs declarations
  • Port Klang is set three-day deadline for clearing containerised imports
  • New bilateral ferry deals between UK and Europe will drive up ferry costs
  • Will China's plan to kickstart Shanghai's supply chains actually work?
  • Customs specialist Jay Gerard to lead new division at Nuvocargo

Marine Logweb site
APRIL 26, 2022
  • New Wärtsilä large bore engine will debut in Utopia of the Seas
    Royal Caribbean Cruises' latest Oasis class cruise ship, Utopia of the Seas, will be the first ship powered by Wärtsilä 46TS-DF engines. Designed with a focus on efficiency, environmental performance, and fuel
  • New U.S. CTV operator starts construction of its first three vessels
    U.S. crew transfer vessel (CTV) operator WINDEA CTV LLC, in which Hornblower is a partner, reports that it has started construction of its first three vessels. Two of the three 30-meter, hybrid-ready
  • Carnival Corporation announces leadership change
    Carnival Corporation & plc (NYSE/LSE: CCL;NYSE: CUK), the world's largest cruise company, reports that, effective August 1, current president and CEO Arnold Donald, is being appointed vice chair and member of the

Lloyd's Listweb site
APRIL 26, 2022
  • Saverys family ups stake in Euronav to over 16%
    The Saverys family has once again upped its stake in Euronav ahead of the showdown at the Euronav AGM on...
  • Sovcomflot P&I cover cancelled by multiple clubs
    Ingosstrakh may seek to fill the gap, with additional backstop from the Kremlin, say market sources
  • Cargill shipping head predicts two-tier green transition
    Progress on decarbonisation will split shipping between those with and without the resources to devote to it. But the former...
  • P&O ferry regains power after mechanical failure in Irish Sea
    First P&O Ferries ship to re-enter service following replacement of directly employed crew with cheaper agency personnel was briefly disabled...
  • Toll pays $6m settlement for widespread sanctions violations
    Ofac settles for a comparatively small fine after Toll voluntarily concedes 2,958 separate violations over a six-year period related to...
  • Kuehne+Nagel says trade outlook clouded by uncertainties
    Kuehne+Nagel continues to benefit from disruptions in the supply chain. But slowing global growth, risks from the war in Ukraine...
  • Ukraine war sets up tanker earnings turnaround
    Volatility from disrupted Russian crude export trade flows to offset contracting oil demand in China as lockdown fears engulf Beijing
  • Chinese enforcement litigation will take years
    Norwegian bulker operator Spar may have won its case against Grand China Logistics' holding company. But it's still not certain...
  • Cargill's Dieleman to chair Global Maritime Forum
    Cargill's shipping head Jan Dieleman will chair the Global Maritime Forum. Synergy's Rajesh Unni, Diana Shipping's Semiramis Paliou and Global...
  • Cargo volume dips in Shanghai amid lockdown impact
    Reduced export bookings from the world's largest container port have driven carriers to conduct blank sailings and consolidate loads
  • Boxlines set for $300bn earnings boost in 2022
    Growth rates for container demand are slowing but supply chain disruption is unlikely to ease until next year. Inefficiencies will...
  • Shanghai maritime sector starts to resume operations
    Local authorities said it is imperative for more enterprises to recommence production
  • Maersk upgrades full-year earnings guidance
    With soaring freight rates and disrupted supply chains, Maersk's ocean earnings are booming. Despite a 7% fall in liftings in...
  • NYK relaxes pandemic-related working restrictions
    'Restrictions on domestic business trips have been withdrawn, and rules governing these trips have returned to those established before the...
  • Daily Briefing
    Box freight rate fall not a sign of market stabilisation | Capesizes climb as optimism returns | Russian sanctions see...

The Journal of Commerceweb site
APRIL 26, 2022
  • More disruption to follow China's lockdowns: S&P Global
  • ZEBOX establishes US presence with DC-area office
  • Class I railroads not improving port intermodal service: FMC's Bentzel
  • China lockdowns will impact peak production: K+N CEO
  • Hapag-Lloyd to equip dry box fleet with sensors in 2023
  • Some IMCs question role of small shippers in intermodal volume growth
  • Maersk gives 2022 earnings guidance big boost on rising rates

TradeWindsweb site
APRIL 26, 2022
  • Chinese demand hammers oil markets despite Russian reshuffling
  • Arnold Donald: Important to get 'next generation in' to lead Carnival
  • Hapag-Lloyd's Chilean and German shareholders extend ownership pact for two more years
  • Nordic American Tankers closes out suezmax sale effort with $51.9m in new impairment charges
  • Scorpio Tankers tipped to improve result as rates average well over $20,000
  • CMB keeps ratcheting up Euronav stake ahead of board battle
  • Passion for ships and risque humour: tributes to shipping doyen Jim Davis
  • 'Deeply concerning': P&O ferry adrift off UK with mechanical issue
  • Genco Shipping pumps up the volume on first-quarter dividend
  • New Fortress shifts to next approval stage for US Gulf FLNG unit
  • Cruise shake-up: Josh Weinstein new Carnival CEO as Arnold Donald steps down
  • Spar wins $25m charter payout as Chinese court recognises UK judgment for first time
  • Hill Dickinson's charity mission inspires shipping sector to 'Stride to Singapore'
  • Bourbon's Bodenes says offshore market switches from vessel oversupply to shortfall
  • All Aboard: Diversity rises as focus of next Global Maritime Forum initiative
  • ESG advisers need to scale up and go global as much as shipping companies
  • Lloyd's executive urges caution on marine insurance sanctions against Russia
  • Liner shipping 'parties on' with profit to tune of $300bn in 2022
  • Cargill's Jan Dieleman to take over as chairman of Global Maritime Forum
  • Container ship owners forced to settle for less as lines cancel sailings
  • Financiers target Trafigura in hunt for missing Parakou money
  • Gothenburg hub ready to welcome Maersk and X-Press methanol newbuildings
  • Pertamina teams with Inpex and Japanese partners on bio-LNG and bunkering
  • Golden Energy Offshore lists in US to broaden investor reach
  • Stallionaire Shipping scraps chemical tanker in fleet replacement move
  • CPC terminal back at full strength but Russia struggles to sell crude cargoes
  • Bureau Veritas 'downsizes' marine operations in Russia as revenue increases
  • Bahri says tankers busier as it boosts profit by 50% in first quarter
  • Maersk adds $6bn to 2022 profit forecast after strong first quarter
  • Euronav joint venture makes $6.5m profit from selling veteran suezmax
  • NATO rejects V.Group's call for naval escorts in the Black Sea
  • Indonesia to ban palm oil exports over domestic shortage fears
  • Price squabbles over LNG carriers holds up QatarEnergy's first South Korean orders
  • Petronas slims yard selection and lines up owners for LNG ship haul

American Shipperweb site
APRIL 26, 2022
  • Crisis or hiccup? Assessing the logistics impact of China lockdowns
    COVID lockdowns in major Chinese cities are bottling up freight shipments, but the full impact on global trade won't be clear until this summer.
  • Viewpoint: China COVID policies to squeeze flow of European exports to North America
    China's zero-COVID measures will make it harder for European exports to reach the East Coast because empty containers aren't getting where they're needed.

The Bunker Bulletinweb site
APRIL 26, 2022
  • REFINERY NEWS ROUNDUP: Companies in Europe report higher margins, rates
    European refiners are reporting improved margins during Q1 and higher rates.
  • Valero sees rising gasoline, diesel demand as it seeks to replace Russian feedstocks
    Valero Energy reported better-than-expected first-quarter earnings of $905 million as demand for refined products grows post-pandemic and refinery rationalizations cut supply, boosting cracks for both gasoline and diesel -- a trend which is expected to continue.
  • Germany's use of Russian crude cut sharply: economy minister
    Germany has reduced its use of Russian crude oil use since the invasion of Ukraine to 12% of its needs from 35%, economy minister Robert Habeck said April 26.
  • Sanctions on Russian oil, gas may depend on US getting domestic policies right: think tank
  • OIL FUTURES: Crude rallies as China demand concerns fade, supply disruptions come in focus
    Crude oil futures moved higher midday as Chinese demand growth concerns eased and focus shifted toward potential supply disruptions stemming from the war in Ukraine.
  • REFINERY NEWS: Russia's Saratov, Taif restart operations: sources
    International buyers are increasingly shunning Russian-origin products following the invasion of Ukraine, resulting in an accumulation of stocks.
  • REFINERY NEWS: Russia Astrakhan halts products sales ahead of works: sources
    The refinery typically carries out works in May and June
  • Samp;P Global to include Phoenix Star FSU in Singapore fuel oil cargo, ex-wharf bunker MOC from June 1
    Any offer of oil from vessels accredited for the FOB Singapore cargo and ex-wharf bunkers MOC process for Marine Fuel 0.5% and 380 CST HSFO would be on FOB FSU basis. Sellers cannot unilaterally nominate an approved vessel as a loading point in FOB Straits trades.
  • Dated Brent basket differentials diverge amid distillate strength, muted long-haul demand
    The steep discounts could well mark a floor for Forties, according to another trader.
  • Spain's Cepsa boosts Q1 refined output 21% on year
    Refined output was down 6% on the quarter while product sales fell 8% and the refining margin narrowed 35%, as increasing gas and other energy costs caused pressure throughout industrial chains.
  • OIL FUTURES: Crude edges up after Chinese lockdowns hit demand outlook
    Prices were unlikely to be steady for long, and the direction will likely depend on the European treatment of Russian oil, according to analysts.
  • Al-Zour refinery to be operational in few weeks: KIPIC
    Al-Zour is Kuwait's biggest refining facility.
  • Germany's Uniper loads bunker biofuel blend for Great Eastern Shipping
    The fuel is of B20M specification, which consists of 20% biofuel and 80% very low sulfur fuel oil.
  • REFINERY NEWS: South Korea's S-Oil restarts CDU after maintenance
    After the start of regular maintenance in early March, South Korean refiner S-Oil restarted its 240,000 b/d No. 2 crude distillation unit mid-April, market sources said April 26.
  • Japan calls for balanced energy transition approach amid change from Russia's invasion: minister
    Japan is calling for a balanced approach to the energy transition amid rapidly changing situations in the global energy landscape following Russia's invasion of Ukraine, Minister of Economy, Trade and Industry Koichi Hagiuda said April 25.
  • INDONESIA DATA: Feb crude exports more than double on month
    On a year-on-year basis, crude oil exports were down 82.4%.
  • South Korea's S-Oil sells 75,000 mt straight-run fuel oil for end-April
    S-Oil regularly sells slurry oil but seldomly sells straight-run fuel oil.

›››File
FROM THE HOME PAGE
PORTS
Signed the act for the rebalancing of the concession in chief of Venice Terminal Passengers
Venice
Spain : The aim is to "create a new normal", which is aimed strongly at an upper-middle customer segment, with the aim of creating a pole for luxury cruises in Venice, " he said.
PORTS
In October, freight traffic in the ports of Genoa and Savona-Ligure
Genoa
Recorded increases of 2.5% and 21.9%, respectively. It continues the downturn of cruises in both scallops
CRUISES
Fincantieri has delivered the new cruise ship Viking Vela to Viking
Trieste / Los Angeles
Can accommodate 998 passengers
The government of Montenegro wants to bring the port of Adria back under state control
PORTS
The government of Montenegro wants to bring the port of Adria back under state control
Podgorica
Will evaluate the possible acquisition of the majority stake in the Turkish Global Ports Holding
PORTS
China's seaports handled record cargo traffic for October
China's seaports handled record cargo traffic for October
Beijing
Containers amounted to over 24.4 million TEU (+6.2%)
Stable the traffic of goods in the port of La Spezia in the period of July-September
PORTS
Stable the traffic of goods in the port of La Spezia in the period of July-September
The Spezia
Marina di Carrara has been recorded a decrease of -15.6%
PORTS
At Spezia they don't want a president of the AdSP "parachuted"
The Spezia
They ask for a president "plug & play" able to deal with the problems right away
PORTS
Defined the location in the port of Gioia Tauro of the construction site for the bridge over the Strait of Messina
Joy Tauro
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
PORTS
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
Ankara
Expected the realization of a terminal container
SHIPPING
T&E calls for EU measures to limit ship speed and greater use of wind propulsion
Brussels
Summary complaint of the organization on the progress made by the shipping industry for decarbonisation
CUSTOMS
To extend the customs corridor to goods in export and on transhipment in the port of Spezia
The Spezia
He was speaking at a meeting between the AdSP and the Customs Agency.
SHIPPING
After Maersk, Hapag-Lloyd also initiates an agreement with Chinese Goldwind for supplies of green methanol
ENVIRONMENT
Messina (Assshipowners) : yes to the environmentalist push, but the timing and the ways are wrong
Rome
Local, often untimely, local norms have the only effect of moving traffics out of the Old Continent.
PORTS
Port of Ravenna, final visit of the EU representative to the project "Ravenna Port Hub : Infrastructural Works"
Ravenna
The European contribution has been more than 30 million euros.
TRANSPORTATION
In 2023, the performance of road and rail transport services fell in Switzerland.
Neuchâtel
Modal shares remained unchanged
INTERMODAL TRANSPORT
New intermodal service Melzo-Marcianise of Hannibal
Melzo
Two weekly rotations that from the first quarter will rise to three
PSA and Evergreen to jointly operate container terminal in Singapore
PORTS
PSA and Evergreen to jointly operate container terminal in Singapore
Singapore
The new company will become operational by the end of 2024
In the third quarter economic growth of trade in goods and services of G20
TRADE
In the third quarter economic growth of trade in goods and services of G20
Paris
Down the value of goods to and from China
PORTS
Omanita group Asyad will manage the port of al-Suwayq for 40 years
Muscat
The expansion of the stairway and the construction of a quay
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INTERMODAL TRANSPORT
Memorandum of Understanding for the creation of an intermodal terminal in Budapest
Astana
A delegation of the Kazakh KTZ Express to the port of Rijeka
SHIPPING
The BIMCO has adopted the FuelEU Maritime Clause
Copenhagen
The European regulation will enter into force next January.
SHIPPING
Kenon Holdings (Idan Ofer) announces the next exit from the capital of ZIM
Singapore
Currently owns 19.8 million shares
PROGRESS AND TECHNOLOGY
NIM and EH Group will develop hydrogen fuel cell technologies for shipping
PORTS
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.
PORTS
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
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%)
COMPANIES
The Zephyr Group snaps up Singaporean Twinco and Germany's Carl Baguhn
The Spezia
The two companies operate in the area of spare parts and components for diesel and gas engines
SHIPPING
Rixi, without the ETS review, European maritime fleets will continue to suffer a competitive disadvantage
Rome
According to the deputy minister, it is necessary to intervene at the root of the problem
PORTS
PSA Italy continues in purchase of equipment for Marghera terminal
Genoa
Committed total value of 8.5 million euros for three rubber-tyred gantry crane electric
JOBS
Corsica Sardinia Ferries in search of navigating personnel
Go Ligure
The wanted profiles are different, for machine areas, room and kitchen
PROGRESS AND TECHNOLOGY
Agreement for the digital integration of the FS and AdSP Polo Logistics systems of the Western Liguria
Genoa
SHIPPING
New Oriental Mediterranean Service-Adriatic via Malta of CMA CGM
Marseille
Will have a weekly frequency
COMPETITION
Brussels to give state aid for 1.9 billion euros to German railway company DB Cargo
Brussels
ASSOCIATIONS
Renewed the Governing Council of Wista Italy
Milan
Constancy Musso confirmed president
SHIPPING
Maersk completes orders to three shipyards for 20 new container ships
Copenhagen
In Yangzijiang Shipbuilding committed for six 17,000 teu ships and two from 9,000 teu. At Hanwha Ocean and New Times Shipbuilding ordered six units from 15,000 teu each
ASSOCIATIONS
Biagio Mazzotta assumes the post of Vice-President of the Federation of the Sea
Rome
President of Assonave will be running for vice president of ENMC
PORTS
ESPO calls on the new EU Commission to maintain and strengthen the CEF programme
Brussels
The exhortation is also to better adapt it to the needs of ports and their stakeholders
EDUCATION
The agreement on training between the AdSP of the Tirreno Centre Northern, the ITS Academy, " G. Caboto " and the European Escola
Cyvitavecchia
SHIPPING
Consultation on the extension of the UK ETS to the maritime sector
London
Shipping would be included since 2026
COMPANIES
MSC completes acquisition of a minority stake in HHLA
Hamburg
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
ONE acquires a stake in Jakarta's NPCT1 terminal container
Singapore
It has a traffic capacity of 1.5 million teu per year
PORTS
Transped orders a mobile crane Konecranes Gottwald for its Porto Marghera terminal
Helsinki
It will be taken in delivery in the second quarter of next year
LOGISTICS
Dutch Raben Group and Swiss elvetica Sieber Transport make up a joint venture
Oss / Berneck
It will detect the Swiss company's groupage transport activity
LOGISTICS
Dachser & Fercam Italia has opened a new branch in Arezzo
Bolzano
Three thousand square meters of operational surface area and 400 of offices
SHIPYARDS
Fincantieri initiates agreement with SIMEST for the growth of watermark businesses
Milan / Trieste
MEETINGS
Conference for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
PORTS
Approved the Plan of the Organic Ports of Sardinia
Cagliari
There are 938 workers in the 36 enterprises operating in the scallots
OFFSHORE
Saipem has awarded an EPCI offshore contract from BP in Indonesia
Milan
SHIPPING
Container ship charterer MPCC's revenues fell by -28% in the third quarter
Oslo
RAILWAY TRANSPORT
Fermerci reports delays and cuts to incentives for rail freight transport
Rome
Paper: Real risk of losing 115 million euros
PORTS
In the third quarter, traffic in shipping containers of Moroccan Marsa Maroc increased by 5% percent.
Casablanca
Exhaustion of the growth of transshipment volumes
SHIPYARDS
At Samsung Heavy Industries orders for the construction of four 16,000-teu container carriers
Busan
Commits the value of about 781 million
ENVIRONMENT
Eni-MSC agreement in the field of sustainability and energy transition
San Donato Milanese
It was subscribed by Claudio Descalzi and Diego Aponte
PORTS
The Grimaldi terminal in the port of Barcelona has been equipped with Onshore Power Supply
Barcelona
It will become operational in January
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 for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 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
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
SHIPYARDS
South Korea's HJSC adjusts a salesperson for four new 7,900-teu container ships
Busan
ASSOCIATIONS
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
LOGISTICS
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
INDUSTRY
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
ASSOCIATIONS
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
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%
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