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24 June 2024 - Year XXVIII
Independent journal on economy and transport policy
03:07 GMT+2
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In 2022, the incidence of transport costs on the value of goods exported and imported from Italy rose for the third consecutive year
This is highlighted by the latest survey by the Bank of Italy on international transport
Roma
June 8, 2023
The Bank of Italy has published today the latest edition on 2022 of its survey on international freight transport of Italy, which is based on interviews conducted at 216 operators of international freight transport and presents Information mainly on mode-disaggregated freight rates transport and loading and carriers' market shares, distinguished by nationality. The results of the survey show a significant increase in transport fares concentrated in the first part of the year, which characterized almost all segments, mainly reflecting the expansion of international trade and higher fuel prices.

The analysis specifies that in some sectors have been added specific factors, such as the impact of geopolitical tensions on Transportation of oil and derivatives and limitations on the side of the supply in the maritime transport of containers, the latter failed in recent months. In addition, the report explains whereas in the presence of market shares of Italian carriers in slight Fall, the deficit in the balance of merchant transport of Italy grew further in 2022, reaching A new high.

According to the survey, in 2022 the incidence of transport costs on the value of goods exported and imported from Italy is rose for the third consecutive year, to 3.5 and 5.0 respectively percent (from 3.4 and 4.8 in 2021).

With regard to the maritime transport of containers, the survey points out that the freight rates recognised, net of ancillary services, have had in 2022 increases of limited magnitude in terms nominal compared to the previous year, characterized instead by exceptional increases. The average figure - the document specifies - hides However, a very different trend throughout the year, with factors that had caused it to rise in 2021 that have Recorded a trend reversal during 2022: First, there were significant reductions in the degree of concentration between shipowners, notes the Bank's document of Italy referring, in particular, to the announcement of MSC and Maersk not to renew their 2M alliance that will end at the end of 2024 ( of 25 January 2023), taking for granted (or having ascertained?) that the communication has already led to a diminution of the state of concentration of the containerized shipping market. To mark a reversal of the trend - the report points out - are There were also limitations on the supply side, including the Difficulties in finding containers and congestion in ports, as well as a slowdown in cargo demand and a its more balanced geographical distribution.

The examination of the Bank of Italy continues by specifying that "the freight dynamics were very heterogeneous in terms of geographical, affected by specific factors and precedents trends, with the most important flows (exports to North America and imports from China and other Asian countries) to drive average trends. The development of other cost factors (ancillary services) and the increase in average container loads (in a view to containing costs) - we read again - have induced a dynamic of total freight rates in euro per tonne very low, pushing costs in real terms to levels at below the highs recorded in 2021, but still high compared to previous years".

As regards the maritime transport of conventional and rolling stock, The survey finds that "in 2022 the average costs per tonne, including ancillary services, for the most relevant of general cargo (transport of "plants, machinery and means of transport") have increased in terms Nominal. In real terms, exports fell slightly and grown on imports, in both cases placing themselves on levels above the average of the last decade. In the remaining Types ("pipes and metallic materials" and "products chemicals, building materials, forest products") freight recorded high nominal growth rates of between 30 and 40 percent in both directions of flows, affected more than insufficient hold capacity than a demand for transport which, at least for the first part of the year, is has been supported. In the ro-ro sector - i.e. the naval transport of road vehicles with or without driver in tow, a segment of niche that concerns the Mediterranean area and with rates denominated in Euro - average costs fell in 2022, but with strong trends differentiated between the geographical areas concerned. In the face of increases in routes to and from France, Greece and Turkey, in fact, there are decreases in routes to and from Spain, the North Africa and the remaining Balkan countries".

The document then examines the maritime transport of liquid and solid bulk observing that "for the quotations of the transport of solid bulk continued in the 2022 average the upward trend, both for grain and for the coal and minerals, in relation to economic developments and the related demand for raw materials. The war in Ukraine - the document specifies - has caused a greater instability of flows with consequent reverberation on costs, at least until the International Agreement on Exports of Cereals from that country. Similarly to transport by container ship, a First part of the year with growing freight rates followed a phase of decline. Average costs for handling chemicals (which include liquefied natural gas) recorded a rise almost in line with dry loads (around 30 percent); those for the transport of oil and derivatives have immediately a constant rise and overall magnitude high throughout the year, in relation to geopolitical tensions that have characterized the sector as well as the strong growth of imported volumes. Even in real terms average shipping costs import bulk (including ancillary services) related to solid loads are growing, although remaining below peaks recorded in 2008; those relating to liquid bulk have instead touched the maximum point in the period considered".

The survey, which has been conducted by the Bank of Italy since 1998, Since 2002 it has also carried out a sample survey aimed at Estimation of the breakdown of maritime freight transport to and from Italy between Italian and foreign carriers, analysis - points out the bank - which "constitutes a source of information not easily available internationally; In fact, the Available statistics often refer to the subject Ship owner and not to the actual operator, and Ship operator, on the basis of which it goes instead determined the residence for the purpose of compiling the balance of payments and to which the survey is therefore addressed samples". The latest survey explains that "in 2022 the Market shares by nationality of carriers have shown, at least for the main positions, little variation significant compared to the previous year. The most High container transport remains the prerogative of companies shipowners with Swiss control capital, while in transport bulk and general cargo continue to prevail Greek and Turkish shipowners respectively. In the ro-ro sector The highest share, close to 50%, goes to the Italians, whose weight is rather limited in the others components or even marginal as in the case of solid bulk. The Total average market share of Italian carriers, calculated weighting for transport costs - specifies the document again - fell slightly on the previous year (14.3 per year hundred, from 14.6). In the maritime sector it has remained almost unchanged, confirming an all-time low (7.1 percent); the Resumption of ro-ro and container shares was offset by declines in the remaining naval sectors. In a context of growth, after four years of reductions, of the fleet controlled and the volumes carried by resident shipowners, including The "foreign on foreign" handling activity is increased in quantitative terms returning to 2020 levels, with a consequent significant increase in its turnover".

With regard to road transport, the document notes that "In 2022 there was an increase of almost 20 per cent of the average road costs per tonne, which affected full and, to a greater extent, partial loads. In addition to the Significant increase in volumes handled, the increase is due to higher fuel prices, although low from government interventions, to the increase in maintenance costs and, indirectly, the entry into force of the Mobility Package for More restrictions applied. Almost all regions are were affected by the increase, with freight to and from the UK which were still affected by higher customs costs, and administrative following Brexit. Even in real terms - i.e. valued in relation to producer price indices manufactured goods sold on foreign or imported markets, respectively up 11.9 and 11.2 percent compared to 2021 - average road costs have grown, marking the value maximum since 2005 for those imported".

As for rail transport, it is noted that "in 2022 Average rail costs per tonne have increased in nominal terms in the container sector, while in the bulk sector have remained stable. Among the geographical areas, price increases have mainly concerned Central Europe and the Iberian Peninsula; the freight dynamics to and from Eastern Europe and the Balkans was much less intense due to some factors compensatory, such as the construction of longer trains and the adoption of modal shift incentives. Also in the railway The increase in energy prices has had repercussions, sometimes through the application of energy surcharges by operators, but this has not stopped the downward trend of average rail costs in real terms, which have returned to the 2012 lows".

Finally, for air transport, it is explained that "last Average air transport costs were moderate increase, concentrated in the first part of the year. The dynamic is was very heterogeneous geographically: the increases were very high freight rates to and from Asian countries (only export to China), against tariff reductions to and from Europe and North America. In real terms average costs have fallen but remain at high levels, after the exceptional Price increases in 2020 following the strong restriction of the supply of hold linked to the pandemic".
››› News file
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Berlin
Ulbrich (ver. of) : a significant increase in wages in order to compensate for the increase in the cost of living
In 2023, out of 250 million containers shipped by sea, only 221 were lost at sea
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CMA CGM will activate a seasonal service on the Asia-North Europe / Med route
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Expected deployment of seven 7,000-teu vessels under two rotations
German port firms call on the EU to focus on the competitiveness of European ports
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Los Angeles
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Genoa
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Livorno
Completion is expected by the end of the year
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Genoa / Rome
The subenters Admiral Massimo Seno
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Trieste
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The Italian Sea Group has completed the divestment of the Viareggio nautical yard
Marina di Carrara
It was sold to Next Yacht Group for 21 million euros
Eni has ceded 10% percent of Saipem's share capital.
San Donato Milanese
The counter-value was about 393 million euros.
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Baltimore
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Assoports and SRM publish a new update of the report "Port Infographics"
Rome
Focus on maritime trades and fleets, alternative fuels and the employment of women in ports
Renewed the Board of Directors of Maritime Stations
Genoa
Indication of Edoardo Monzani's confirmation to the role of president
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Keelung / Taipei
In the first five months of 2024 recorded increases of 27.0% and 17.5%
Port of Genoa, Spediporto and Fedespedi call for truck drivers to freeze congestion fee
Genoa
DFDS will sell its own mini cruises to Gotlandsbolaget
Copenhagen / Visby
The divestment will include the ships "Crown Seaways" and "Pearl Seaways" built in 1994 and 1989
Second report from the Fedespedi Studies Center on the Suez Crisis
Milan
In the Mediterranean, take advantage of ports closest to Gibraltar
Finsea renews its identity brand identity
Genoa
The structure of the group split into three main business units : Finsea-Shipping agency, Finsea-Land transport and Finsea-Global logistics
Accelleron has signed a five-year deal with Large Ships Fast
Baden / Genoa
Maintenance and assistance to the more than 100 turboblowers installed on the fleet's 28 ships
In May the container traffic in the port of Singapore amounted to 3.5 million teu (+ 3.6%)
Singapore
In the first five months of 2024, 16.9 million teu (+ 7.7%) were handled.
On July 17 in Rome, the assembly of the Italian Terminalist Terminalist Association will be held in Rome.
Genoa
It will be preceded 16 by a private event between networking and art
Last month Evergreen's revenue grew by 40.3% percent
Taipei
In the first five months of 2024, the increase was 36.2% percent.
Spain's Pérez y Cía. bought the EUCONSA compatril
Madrid
Is specialized in intermodal transport in bulk of chemical and petrochemical products
Suez Canal, continuation of discounts policy applied to ships in transit
Ismailia
Maritime traffic is still more than halved compared to last year.
Conference on the safety and optimisation of the flow of passengers in ports and borders
Rome
Organized by the ICSA Foundation, it will be held on June 12 in Rome
The significant increase in container traffic in the port of Barcelona continued in April.
Barcelona
Transhipment traffic alone has grown by 73.9%
Piero Lazzeri has been reappointed president of Sanilog
Rome
Walter Barbieri has been appointed vice-president of the fund for the next three years.
German L.I.T. buys Italian company Autotransport Pedot
Brake
The Lavis company (Trento) was founded in 1939
In the first quarter of this year, freight traffic in Tunisian ports fell by -8.3% percent.
The Goulette
In decrease both the landings (-6.1%) and embarkation (-11.5%)
Danish Scan Global Logistics has bought the Fopfloor Shipping & Logistics
Copenhagen
The company, headquartered in Prato, employs more than 160 people.
New Egypt-Greece-Greece-Algeria service of Tarros and Diamond Line
The Spezia
Will have weekly attendance and will be inaugurated on June 28
Port of Gioia Tauro, ok of the CSLP to the surgeries for ro-ro and ro-pax vessels
Joy Tauro
Approved the functional technical adjustment to the PRP
Uiltransport, towards mobilisation of Italian dockports from 17 to June 23
Rome
Recovery of purchasing power, security and greater protections are the demands
Michail Stahlhut (Hupac) is the new president of UIRR
Brussels
Jürgen Albersmann (Contargo) appointed Vice-President
Terminals Italy passes to the Logistic Pole of FS Group
Rome
Mercitalia Logistics has become sole partner of the firm
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
The assembly of Assagents will be held in Genoa on June 25.
Genoa
Event entitled " Mari inquieti. Routes and conflicts : the incognition of traffickers "
Conference on the safety and optimisation of the flow of passengers in ports and borders
Rome
Organized by the ICSA Foundation, it will be held on June 12 in Rome
››› Meetings File
PRESS REVIEW
How multinational shipping lines frustrates growth of African counterparts
(Vanguard)
Deutsche Bahn Schenker takes CVC, Maersk, DSV and Bahri into final round, sources sa
(Reuters)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Mario Mattioli
Roma, 27 ottobre 2023
››› File
From 2026 it will become mandatory for the reporting of containers lost at sea
From 2026 it will become mandatory for the reporting of containers lost at sea
Washington / Singapore/Brussels / London
Kjaer (WSC) : significant progress in the safety of navigation and the safeguarding of the environment
Emiratense ADNOC Logistics and Services buys Navig8
Abu Dhabi
Transaction of the value of approximately 1,4-1, 5 billion
Part of the former Tubimar area of the port of Ancona will be reserved for the development of the nautical shipbuilding industry
Ancona
Approved an act of address
Tomorrow La Méridionale will inaugurate the Livorno-Île-Rousse ferry service.
Marseille
Expected three weekly departures
The first July Maersk will introduce a Fossil Fuel Fee
Copenhagen
The new superb will gradually replace the Bunker Adjustment Factor and the Low Sulphur Surcharge
Fit Cisl, necessary to ensure the full operation of the AdSP Management Committee of Western Liguria
Genoa
Bilog, the enterprises join the AdSP of the Eastern Liguria and the Municipality of Piacenza
The Spezia
Vittorio Torbianelli has been appointed Extraordinary Commissioner of the AdSP of the East Adriatic Sea
Rome
Brothers Cosulich, new tanker bunker chemical bunker IMO2
Genoa
It is the first in the fleet ready to transport methanol
COSCO will carry out the dual-fuel upgrade of four new container ships from more than 16,000 teu
Shanghai
Renewed the Cda of Interport Padua
Padova
Luciano Greco is the new president
Self-transport enterprises operating with the port of Genova introduce a "congestion fee"
Genoa
In Venice, the Academy of Logistics and the Sea was established
Venice
It is the fruit of the collaboration between ITS Marco Polo Academy, Vemars and CFLI
Signed the contract for the electrification of the docks at the port of Termoli
Bari
In the programme works of the total value of around 4.5 million euros
Downturn in the quarterly financial performance of Danaos and MPCC
Athens / Oslo
The two companies have fleets of 69 and 56 container ships respectively
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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