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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:03 GMT+1
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BRIEFS
December 28, 2023

free news
Exim India web site
DECEMBER 28, 2023
  • Coastal shipping has huge potential, being given further policy impetus: Sonowal
  • War risk premia seen up after attack on vessel off India's west coast
  • World trade, container shipping face rough weather due to Red Sea impact
  • India pays UAE in rupees for crude
  • Oilmeal exports seen up this fiscal
  • Saudi Ports Authority and MEDLOG to develop integrated logistics park at Dammam's King Abdulaziz Port
  • India slaps anti-dumping duty on gypsum board/tiles from China, Oman
  • MSC issues statement on vessel incident in Red Sea
  • AD Ports Group inks Concession Agreement to develop & operate multipurpose terminal in Safaga Port, Egypt
  • YOU ASK.. WE ANSWER...
  • Rate increases by carriers should meet the legal requirements & should not be at the expense of competition: FMC
  • Onshore Power Supply package for port stakeholders now available
  • India's engg goods exports to Russia surge 138 pc in April.-Nov.

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Marine Log web site
DECEMBER 27, 2023
  • Shell and Equinor to go ahead with Sparta deepwater development
    In yet another demonstration of the continuing importance of the U.S. Gulf of Mexico as a source of low carbon intensive production of oil, Shell Offshore Inc., a subsidiary of Shell plc,(51%
  • Van Oord to build "most ecological wind farm yet" for Ecowende
    Van Oord has been contracted to build the Hollandse Kust (west) lot V wind farm. Located about 28.6 nautical miles west of the Netherlands, it is being billed by developer Ecowende (a
  • GLDD succeeds in bid protest of USACE action
    As those who watch these things know, the Government Accountability Office (GAO) rejects the majority of bid protests filed with it. However, a number of bid protests do, in fact, succeed and
  • Sanmar electric tug duo is on the way to join SAAM Towage's Vancouver fleet
    The two all-electric tugs ordered from Turkey's Sanmar Shipyard by SAAM Towage in October 2022 (see earlier story) are now on their way to Vancouver, B.C. Following successful completion of sea trials,

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Container News web site
DECEMBER 27, 2023
  • Cybersecurity Concerns for Small Businesses in a Mobile-First Era
    All small businesses, irrespective of industry, must be vigilant about the risks posed by cybersecurity threats. Cybercriminals are constantly modifying their techniques, making it crucial to have a cybersecurity plan, particularly with the rise of COVID-19-related cyber threats to companies. The increase in employees working from home has exposed vulnerabilities in many company infrastructures.
  • MABUX global bunker indices rise
    During Week 51, the MABUX global bunker indices began an upward trajectory, marking the first positive movement in the past five weeks. The 380 HSFO index rose by US$11.38 to US$520.06/MT. The VLSFO index, in turn, added US$28.79. The MGO index increased by US$34.44. "At the time of writing, the upward trend in the market continued," stated a MABUX official. The Global Scrubber Spread (SS), which
  • AD Ports Group and RSPA ink deal for Safaga port development
    AD Ports Group, a key player in global trade, logistics, and industry facilitation, announced the signing of a definitive concession agreement with the Red Sea Ports Authority (RSPA) for the establishment and operation of a versatile terminal at Safaga Sea Port. This significant milestone, approved by the Government of Egypt, underscores the robust trade relations between the United Arab Emirates
  • Maersk signs MoU with City of Yokohama and Mitsubishi Gas Chemical
    A.P. Moller-Maersk has officially signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical (MGC). This collaborative effort is centered around the development of green methanol bunkering infrastructure in Yokohama, in conjunction with Maersk's plan to introduce 16,000 TEU green methanol-powered container vessels starting in 2024. The partnership underscores
  • Mawani secures four contracts for marine services in eight ports
    Saudi Ports Authority (Mawani) signed four contracts at King Abdulaziz Port in Dammam, totaling investments exceeding US$270 million. Collaborating with "Zamil Marine Services" and "Naghi Marine," the contracts involve providing a range of maritime services at eight ports. These efforts align with the goals of the national transport and logistics strategy, enhancing Saudi ports' global standing a
  • MSC boxship attacked in Red Sea
    MSC confirmed that on 26 December the 8,200 TEU container ship MSC UNITED VIII was attacked while transiting the Red Sea. "The vessel informed a nearby coalition task force warship of the attack and as instructed engaged in evasive maneuvers," reported the Swiss/Italian ocean carrier. According to the company's announcement, all crew are safe with no reported injuries and a thorough assessment of
  • Capacity crunch as all-time high of vessels reroute around Cape of Good Hope
    The number of ships that have diverted from the Suez Canal to the Cape of Good Hope has reached a record high of 125 ships as of 24 December, exceeding the number seen when the Ever Given was grounded in the canal in March 2021. Linerlytica's latest report, issued on 26 December, stated that when Suez traffic was closed for seven days due to the Ever Given grounding, fewer than 20 ships were dive
  • ExxonMobil partners with FuelCell Energy for CO2 capture pilot plant
    ExxonMobil is set to construct a pilot plant at the Botlek site in Rotterdam, employing cutting-edge carbonate fuel cell technology. These advanced fuel cells not only possess the capability to capture CO2 emissions from industrial sources before their release into the atmosphere but also have the added benefit of generating valuable by-products. Furthermore, the innovative technology not only ge

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Lloyd's List web site
DECEMBER 27, 2023
  • Evergreen Marine names Wu as new president
    The move comes as liner shipping business is being consolidated at Taiwan's Evergreen Group, which controls the world's seventh-largest boxship...
  • Singapore's vessel arrivals hits record 3bn gross tonnes
    Elsewhere in Tuas, three more berths are operational this year, with functional berths at a total of eight as Si,ngapore...
  • CSIC's ex-chairman Hu Wenming imprisoned for corruption
    The CSIC former head is guilty of accepting bribes and causing major losses by improperly acquiring assets from private shipyards...
  • Houthi attack on MSC vessel adds pressure to Red Sea service revival
    The armed group fired missiles at the 8,200 teu containership but appears to have missed it. MSC stated all crew...

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The Journal of Commerce web site
DECEMBER 27, 2023
  • Expected Q1 drop in US trucking jobs not likely to move needle on pricing, capacity
    Larger trucking employers may be reluctant to lay off workers ahead of what they hope will be an uptick in freight demand this coming spring or summer.
  • CBP ruling prohibits US customs brokers from using offshore labor
    The ruling is significant because it means US brokers can no longer use less expensive offshore labor to cut down on operational costs associated with import entry preparation and other brokerage services.
  • Steady rise in passenger capacity undermining air freight rate growth
    Air freight volumes are not expected to show any significant growth until well into 2024, and some analysts question whether there will even be a peak season for exports from Asia at the end of the year.
  • Shippers face delays as carriers skip South America calls due to Panama Canal woes
    Ocean Network Express and Hapag-Lloyd confirmed they are skipping calls, especially at Cartagena in Colombia and Manzanillo in Panama, although omissions are being made at other ports.

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TradeWinds web site
DECEMBER 27, 2023
  • Star Bulk clinches yet another profitable ship disposal deal
    US-listed shipping behemoth wraps up eventful year by selling an eight-year old ultramax
  • Samudera eyes growing markets and forks out for gas carrier brace
    Indonesian owner seeks to enter growing ethylene market at home and overseas
  • ONE container ship to be dry-docked after Suez Canal grounding
    Vessel has been taken out of service and is awaiting repairs in Turkey
  • Italian liner upstart Kalypso files for protection from creditors
    Company throws in towel amid vessel arrest and dispute with Chinese owner over Israel calls
  • Year Ahead: Regulatory hurdles leave shipowners to grapple with limited options for fuelling ammonia carriers
    Current discrepancies over IGC and IGF codes leave ammonia carrier shipowners with few options
  • Tonnage-hungry Economou said to have joined the VLAC bandwagon
    Major Greek shipowner is linked to yet another order - this time for large ammonia carriers in South Korea
  • Ex-CSIC chairman Hu Wenming sentenced to 13 years for graft
    Former chairman convicted for taking $8.4m in bribes
  • Advantage Tankers raises LR1 wager amid Glencore sell-off
    Product tanker deal-making dominates oil carrier S&P activity as year comes to a close
  • Year Ahead: LNG shipping prospects ranked 'as clear as mud' for 2024
    Fundamentals look weak but a wealth of factors could quickly turn the sector's fortunes
  • Japan's Ryobi Holdings orders high-end cruise ship at in Portugal
    Bus, taxi and ferry operator to make bold step into Japan's increasingly competitive cruise sector
  • Singapore sees record number of vessel arrivals in 2023
    City state says success is down to strong tripartite cooperation between unions, industry, and government
  • CMA CGM works on plans to increase Suez Canal crossings
    French liner giant remains 'deeply concerned' over Red Sea situation but has not diverted all its vessels
  • Brazil drops money laundering and corruption charges against former Sembcorp Marine executive
    A former consultant to the company in Brazil has also been acquitted, Singapore group says
  • Japan's Ryobi Holdings orders high-end cruise ship at West Sea in Portugal
    Bus, taxi and ferry operator to make bold step into Japan's increasingly competitive cruise sector
  • Singapore's 2023 vessel arrivals pass 3bn gross tons setting new record
    City state says success is down to strong tripartite co-operation between unions, industry, and government
  • Singapore's vessel arrival tonnage in 2023 passes 3bn gross tons setting new record
    City state says success is down to strong tripartite co-operation between unions, industry, and government

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American Shipper web site
DECEMBER 27, 2023
  • How safe is Red Sea? Different shipping lines have different answers
    Shipping stocks are under pressure as some ocean carriers show faith in military protection from Red Sea attacks.

››› File
FROM THE HOME PAGE
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.
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
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
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
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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