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22 July 2024 - Year XXVIII
Independent journal on economy and transport policy
21:22 GMT+2
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BRIEFS
January 14, 2013
Sched Netweb site
  • Rate hikes return, Asia-Med US$1,356/TEU, Asia-Europe $1,418/TEU
  • US box imports expected to rise 2.3pc in January, but strike risk looms
  • Coscon and Sinotrans join hands in China-Japan shipping service
  • Views differ whether slow steaming benefits shippers or only carriers
  • Railway checkpoint of Alataw pass's trade volume hit 16.5 million tonnes
  • Xinjiang's trade with Kazakhstan slips 7pc in first 11 months of 2012
  • CMA CGM moves Moroccan fruit, veg via Agadir, Dunkirk, St Petersburg
  • Freight on Rail-commissioned research finds fault with larger trucks
  • California's Menlo opens 7th distribution centre in Singapore
  • Panama Canal approves construction start for bridge on Caribbean side
  • Chongqing West Logistics Park key projects to generate vast returns
  • Anhui province's 'logistics service supermarket' commences operation
  • GCS/Ruscon starts Ust-Luga-Nizhniy Novgorod block box train service
  • Federal Aviation Administration to run thorough check on Dreamliner
  • Zhengzhou airport's international cargo volume surges 288pc in 2012
  • Indonesia's Sky Aviation takes delivery of first Sukhoi Superjet 100
  • Iberia restructuring adds more A330s in readiness for carbon taxes

Exim Indiaweb site
JANUARY 11, 2013
  • ABG Shipyard plans 5,000 cr. investment in Gujarat
  • Arshiya International promoters make further payment to convert warrants
  • Asia-Europe container trade slump spanned 11 months in 2012
  • K Line to refocus on intra-Asia business
  • Kalmar to deliver three all-electric RTGs to CONCOR
  • MANSAs new Executive Committee meets DG Shipping
  • NYK Group cruise to support earthquake & tsunami reconstruction honoured as 2012 Cruise of the Year
  • Shashi Kiran Shetty acknowledged as Global Indian Maritime Personality
  • Weak cargo volumes undermined recent rate increases: Drewry
  • Cotton exports likely to dip
  • Pakistan to give India MFN status by month-end
  • Turkey lifts safeguard duty on Indian cotton yarn
  • Marc Van Peel remains Chairman of Antwerp Port Authority
  • PIL filed against KoPT
  • Container freight station planned near Attari
  • Exports continue to fall; Dec. shipment declines by 1.92 pc to $24.8 bn
  • Foreign shores hold greener pastures
  • Forex reserves drop by $1.58 bn to $294.99 bn
  • INR ends week firm on heavy dollar selling by exporters
  • Release of Exim Indias Vibrant Gujarat 2013 Special Issue
  • PD Ports welcomes worlds first purpose-built wind turbine installation vessel into Hartlepool
  • Project Forwarding Certificate in Shanghai targets rising stars
  • Rickmers-Linie expands global presence with new office in Singapore

International Transport Journalweb site
JANUARY 11, 2013
  • Russian Railways Logistics starts transporting Synthez-Kauchuk products
    Russian Railways Logistics (RRL) recently started to transport JSC Synthez-Kauchuk's finished goods for export. The first 30 containers have been shipped to India, Indonesia and So...
  • Port of Antwerp handles 183.8 million t of freight in 2012
    The port of Antwerp (Belgium) handled an estimated 183.8 million t of freight in 2012. This is a decrease of 1.8% compared with 2011, when 187.2 million t were lifted. The port's c...
  • Lynden International expands network in Canada
    Lynden International, a full-service freight forwarding and logistics company in North America, opened a new service centre in Edmonton, Alberta (Canada). The new location adds a s...
  • Daimler Truck sales up significantly in 2012
    Despite widely varying developments in its markets, Daimler Trucks was able to increase sales significantly last year. Unit sales through November 2012 for the division's six brand...
  • CN expected to generate operational efficiencies and improve service
    Canadian National Railway Company (CN) has completed the merger of the Elgin, Joliet and Eastern Railway Company (EJ&E) into its Wisconsin Central Ltd. subsidiary. The merger o...
  • Chemion Logistik pools management levels
    Chemion Logistik, a provider of logistics services for the chemical industry, implemented a new organisation structure that merged the second and third managerial levels, effective...
  • Kuehne + Nagel lands Agco contract
    The global service provider Kuehne + Nagel (K + N) has been awarded a contract by Agco to manage its aftermarket parts distribution centre (PDC) in Johannesburg (South Africa). Fro...
  • New head of corporate communications at Swisslog
    Reto Sidler will become head of Swisslog's corporate communications on 1 February. He is taking over from Christian Winiker, who is leaving the global provider of integrated solut...
  • Brussels Airlines to expand African flight offer
    Brussels Airlines, a Belgian member of the Lufthansa group, is to augment its African flight offer by boosting frequencies to several destinations this year. Dakar (Senegal) will b...
  • New aviation jet fuel in Doha
    Qatar Petroleum (QP), Qatar Airways and Shell celebrated the first commercial introduction of a new aviation jet fuel - the first to be approved globally in over two decades. The i...
  • Dreamliner fire hits Japanese battery maker's shares
    The news agency Reuters has reported that shares of Japan's GS Yuasa, which makes batteries for Boeing's 787 Dreamliner, fell sharply for a second day on 9 January after a fire abo...
  • 15 years of service for Hertzog & Partner
    Armin Haug, regional manager south in Stuttgart, is celebrating his fifteenth successful year at Elmar Hertzog und Partner Management Consultants GmbH this month (January). Hertzog...
  • Schenker Logistics building new logistics centre in Nuremberg's port
    The German service provider DB Schenker Logistics held a groundbreaking ceremony to mark the official start of construction work on a state-of-the-art logistics centre at the inlan...
  • GLS opens new branch office in Zaragoza
    The parcel service provider GLS has opened a new branch office in San Juan de Mozarrifar near Zaragoza (Spain). The centre includes a 2,000 sqm warehouse with 13 docking gates, amo...
  • Menlo Worldwide Logistics extends activities in Singapore
    Menlo Worldwide Logistics, the global logistics subsidiary of Con-way Inc, recently opened a new warehousing and retail distribution management centre on Sunview Way in Singapore. ...

Marine Logweb site
JANUARY 11, 2013
  • Tanker that struck Bay Bridge is cleared to sail
  • EU funding for LNG bunkering vessel project
  • ClassNK to expand its U.S. brown water market services
  • Tidewater takes over three PSV newbuild contracts
  • Deltamarin gets design contract for Stolt Nielsen newbuilds
  • BAE Norfolk gets $80.6 million mod to LHD 7 contract

World Wide Shipperweb site
JANUARY 11, 2013
  • Longtime Alexander Gow exec retires from president position
  • FAA to conduct review of Boeing 787 critical systems
  • US rail freight traffic comes in mixed for year
  • Tom Albro named president of Port of Seattle Commission
  • Oregon Air National Guard renews lease at Portland Airport

Lloyd's Listweb site
JANUARY 11, 2013
  • The hows and whys of impairment
    Values on paper need to reflect real world, accountants stress
  • Setting the parameters
    Impairment test is slightly different under the US Generally Accepted Accounting Principles
  • The next generation
    Recruiting talent means promoting the industry to young people
  • Unanswered questions
    It is time we stopped looking to apportion blame and started making changes to ensure a similar passengership casualty never happens again
  • Ultrabulk orders kamsarmax bulk carrier in Japan
    Commercial operator builds up its own fleet
  • IMO makes safety its priority
    Sekimizu pledges to reduce maritime casualties by half by 2015
  • Passengerships hit by reinsurance rates hike
    Sector bears the brunt with 125% increase from IG excess of loss contract renewal
  • Regulatory sustainability tops the shipping agenda
    IMO plans industry-wide consultation as ICS calls for pragmatism
  • Tight-lipped Carnival waits for the inquiry results
    UK chief executive eyes market reaction to the casualty
  • Asia-Europe box trade bounces back
    Shanghai-Rotterdam surges nearly 14% as lines stall ships to squeeze out supply
  • Cancelled OSG contracts taken up by new charterers
    More deals will appear this year, say brokers
  • A paler shade of green
    A fuel-efficient newbuilding does not an eco-ship make
  • Contship expects another 'complex' year ahead
    Volumes recover at Gioia Tauro hub but uncertainty persists
  • Cruise lines put their house in order
    The cruiseship industry has moved quickly to review safety
  • OSG sets stage for purge of charter and pool agreements
    Owners of rejected bareboat quintet fight back in court
  • Costa Concordia's master to be indicted this month
    Prosecutors ended their investigation in December
  • Singapore posts 5.9% rise in box throughput
    Port volume is edging up on Shanghai
  • Capesize commentary: Stormy weather
    Brokers see a better week following in wake of the Australian cyclone
  • Frontline raises $310m for newbuildings
    Fredriksen's expansion drive gathers steam
  • IG overhauls general excess of loss contract
    Move mitigates significant rate increases sought by reinsurers
  • Newbuilding consultants cash in on craze for eco designs
    Denmark's Erria eyes opportunities to advise owners
  • Flag state's preliminary findings signal need for change
    Full report will establish how far responsibility extends beyond the master
  • Italy's Costa Concordia investigation report still not released
    Lessons cannot be learned until vital information is released
  • Cruise industry should look to aviation, says Skagerrak
    Foundation accident investigator outlines areas that need attention
  • Costa Concordia: a salvage like no other
    Fall-out from the Costa Concordia casualty will 'rage on for years'
  • STX Pan Ocean resells orders at STX OSV to Tidewater
    Acquisition rumours mount as shipbuilder resells its only offshore orders
  • Costa Concordia drives premium hikes for shipowners
    As vessels get larger, the exposure risk grows too
  • Emergency shot
    Debtor in possession financing could see Korea Line pull through
  • Teekay Offshore Partners raises $235m in Norwegian bond issue
    Cash earmarked to pay off revolving debt
  • China Shipping and MOL close to $1.5bn deal for eight LNG ships
    Six vessels to be built at Hudong Zhonghua, while two options may be bound for a second yard

Fairplayweb site
JANUARY 11, 2013
  • ClassNK expands in US
    JAPANESE classification society ClassNK is expanding its services in the US to meet growing demand
  • Tripartite LNG deal struck
    JAPAN'S Chubu Electric Power said it has struck the first tripartite LNG sales purchase agreement in Asia, IHS World Markets Energy reported today
  • ABG plans another yard
    INDIA'S largest private builder, ABG Shipyard, said today it plans to build a new yard in the West Coast state of Gujarat
  • Malaysian oil terminal to be expanded
    MALAYSIA'S MISC and Vitol, the world's largest oil trader, plan nearly twice as much oil storage capacity at their terminal in Johor state, IHS World Markets Energy reported today
  • Unipec outstrips Shell as tanker charter leader
    UNIPEC has supplanted Shell as the world's top tanker charterer, according to Poten & Partners, the New York broker
  • COSCOL heavy-lift handling rises 106%
    COSCO Shipping's handling of heavy-lift cargo reached a record 146,200 tonnes in December, 106% more than in November
  • GAIL to need 6-7 gas carriers
    THE ENERGY group GAIL India will need at least half a dozen of gas carriers to serve a new LNG terminal, a shipping analyst predicted today
  • Boskalis raises €320M
    ROYAL Boskalis Westminster, the Dutch services group best known for dredging, said today it has raised €320M ($416M) in fresh equity
  • Rizhao terminal expansion OK'd
    CHINA'S Rizhao port has gained approval for its plan to expand its Lanshan oil terminal's capacity by 300,000 tonnes per year
  • Mariners missing in sinking
    TWO MARINERS are missing and nine more are awaiting rescue today off South Sulawesi, Indonesia, after their cement carrier Emeline sank in the Flores Sea during Cyclone Narelle
  • Nam Cheong targets $38M
    MALAYSIA'S largest OSV builder Nam Cheong said today it wants to raise about S$47M ($38M) in capital by selling up to 190M ordinary shares
  • Singapore fuel oil stocks near four-year low
    FUEL OIL and low-sulphur waxy residue stocks in Singapore have fallen nearly to a four-year low amid high demand for low-sulphur fuel oil in Japan
  • Malaysia palm inventory rises
    MALAYSIAN palm oil stocks rose 27.6% year on year in 2012, mainly because of higher production and lower shipments to China and Pakistan
  • Yangzijiang buys more Chongqing steel
    YANGZIJIANG Shipbuilding has signed a contract with Chongqing Iron & Steel to buy 400,000 tonnes of marine steel in 2013
  • STX OSV secures deal for three PSVs
    STX OSV said today it has landed a deal with a returning client for three PSVs being built at its Norway yard

The Journal of Commerceweb site
JANUARY 13, 2013
  • A Cliffhanger for US Trade
    Get ready for another year of modest growth for U.S. containerized imports. Surprised? You shouldn't be. A year ago, I predicted overall imports would grow 2.8 percent in 2012; through September, imports were up 3.3 percent, and I'm forecasting full-year 2012 growth in the 3.0 to 3.5 percent range. As expected,...
  • Annual Review & Outlook 2013: Association of Canadian Port Authorities
    Given the number of unknowns faced by the global economy, any predictions as to what lies ahead for 2013 are likely to be about as accurate as reading the entrails of crows. Uncertainty regarding the economic strength of the European Union, the depth of a Chinese slowdown and, as I...
  • Annual Review & Outlook 2013: APM Terminals Americas
    2013 will be a continued year of change. We will see even larger vessels call throughout North and Latin America as shipping lines cascade further tonnage into these markets. This will require some ports and terminals to invest further in infrastructure to be able to handle the bigger ships. This...
  • Annual Review & Outlook 2013: AMA Capital Partners / New York Maritime
    The "game changer" we have been championing for the industry for the past two years has been capital constraints. The tightness of bank lending combined with the challenges of raising equity, either private or public. Nothing has changed; indeed, one might argue that the situation worsened in 2012. Bankruptcies abound, and...
  • Annual Review & Outlook 2013: AlixPartners
    To use an oft-cited, but appropriate, metaphor, the global container shipping community continues to find itself in somewhat of a "perfect storm." Early 2012 optimism that rates had positive momentum has all but dissipated as the industry enters the crucial first quarter rate season for 2013. The macroeconomic outlook for...
  • Prospects for Growth Stronger Next Year
    The United States in 2013 may resume its role as the economic engine for the rest of the world, but to do so will require deep compromise from Republicans and Democrats to avoid the fiscal cliff that, left unchecked, could send the economy and trade over the edge. But with much...
  • For Ocean Shipping, It's a Tale of Two Europes
    When the annual round of contract negotiations between trans-Atlantic shippers and ocean carriers starts up later this winter, the tone may be more intense than in the past. Freight rates in the trade ended 2012 with a whimper, as carriers collected only a small portion of the series of general...
  • US-Latin Trade: En Fuego
    Latin America may have a long way to go if it's ever going to replace China as the largest exporter to the U.S., but the region is certainly making its presence felt in products as diverse as automobiles, electronics and apparel. Two-way trade between the U.S. and Latin America increased 82...
  • Asia's Growth Comes From Within
    That Wan Hai Lines attributed its third quarter profit turnaround to its decision to shift resources from the destitute Asia-Europe market to growing intra-Asia trades is testament to the strong fundamentals underpinning Asia's regional trade. Asia's regional container business, which includes more than 3,500 port pairs, has always been complex. For...
  • Carriers Keeping Eyes on Europe
    The Asia-Europe liner trades will dominate container shipping's strategic planning through 2013 as ocean carriers confront a nightmare mix of declining traffic, persistent overcapacity, high oil prices and the imminent arrival of the world's largest vessels. Many carriers returned to the black in 2012 from the bloodletting of 2011 largely because...
  • Slowing Economic Growth Clouds Breakbulk Outlook
    The global market for breakbulk and project cargo, long considered somewhat immune to the economic cycles, is facing some of the same headwinds affecting other cargo sectors in 2013. The transportation of project cargo to the sites of large mining, oil-exploration and industrial projects is usually contracted out years in advance,...
  • Three Common Global Trade Compliance Deficiencies that Affect Your Bottom Line
    Today, the benefits of sourcing from low cost countries and selling into new foreign markets are driving most companies to go global. However, many of these companies are still making do with sub-standard global processes and technologies borrowed from domestic organizations.Amber Road's latest eBook, Three Common Global Trade Compliance Deficiencies...

Containerisation Internationalweb site
JANUARY 11, 2013
  • Lines' profits could reach USD5bn in 2013
    Global container lines should end 2013 comfortably in profit after a collective return to the black last year, as long as they are able to keep ship supply under ...
  • GCS/Ruscon launches Russian block-train
    A new block-train service is being launched by GCS/Ruscon out of the new Ust-Luga Container Terminal (ULCT) over a distance of more than 1,100km to Nizhniy Novgorod, ...
  • Another 'complex' year for Contship
    The Cecilia Eckelmann-Battistello-led Contship Italia, a major player in the Italian port market, experienced a 'complex' year at its terminals in 2012 and is expecting ...
  • 14% spike in Asia north Europe spot rates
    Drewry's Shanghai to Rotterdam World Container Index jumped by 13.8% this week, to $2,727 per FEU after falling back by a similar number around the Christmas period. ...
  • Chinese exports smash forecasts
    Exports from China rocketed by 14.1% year-on-year in November beating analyst predications by a massive 10%. It added to the positive sentiment following the recent ...
  • Box traffic retreats at Dunkirk
    French North Sea port Dunkirk saw container traffic fall 5% last year to 260,000 teu although total volumes for all trades were near-static at 47.2m tonnes.France's ...

TradeWindsweb site
JANUARY 11, 2013
  • DFDS quells uncertainty
    Negotiations between DFDS of Denmark and insolvent German shipyard P+S Werften over a troubled newbuilding order haven't collapsed despite reports to the contrary.
  • Tsakos tied to raid
    The sale-and-purchase market is ripe with rumours that diversified Greek operator Tsakos Shipping & Trading has paid $90m to purchase a pair of panamax containerships.
  • Duo detained
    The US Coast Guard (USCG) has accused the crews of an Odfjell chemical carrier and bulker controlled by the Navios clan of discharging oily waste into the sea.
  • Principal behind buy?
    Principal Maritime of the US is rumoured to be the buyer of a suezmax resale from South Korean shipbuilder Samsung Heavy Industries.
  • Ultrabulk back in Japan
    Ultrabulk has returned to its favoured shipbuilding nation of Japan for a kamsarmax newbuilding.
  • Crew on strike
    Seafarers on a German cargoship have refused to work due to lack of pay.
  • Trafigura pulls the trigger
    Trafigura has acquired three medium-range (MR) products tankers from Overseas Maritime Carriers (OMC) of Switzerland.
  • Danske's double top
    Danske Bank has flagged AP Moller-Maersk and Hoegh LNG as its top picks for 2013.
  • Farstad racks them up
    Farstad has won charter contracts for six of its offshore support vessels with a variety of companies.
  • VL scrap trap
    VLCC scrapping could slow this year as owners look to catch the upturn with older vessels, ICAP says.
  • Indian bond boost
    Two Indian ports and a shipping company have won state approval to sell INR 35bn ($638.5m) of tax-free bonds.
  • GAIL still undecided
    India's state-run gas group may yet charter in the seven new LNG carriers it needs, rather than heading to shipyards for newbuildings.
  • Nigerian attacks retreat
    An escalation of pirate activity in the Niger Delta at the end of 2012 did not stop a reduction in incidents in Nigerian waters in the year as a whole.
  • TransLink angers yards
    Canadian shipbuilders have called for a domestic owner's ferry order in the Netherlands to be cancelled.
  • V.Ships to bang down door
    V.Ships is hoping its new deal with Costamare will finally open the door to the Greek market for the world's third largest third party shipmanager.
  • Nam Cheong in fundraiser
    Nam Cheong plans to carry out a new share offering to help fund its shipbuilding and vessel chartering businesses.
  • Waste boxes sent back
    A German containership must return two boxes allegedly containing toxic waste to the UK, Nigerian authorities said.
  • Premium deal for BW
    TradeWinds digests the digits making the headlines this week.
  • Iran, Iraq agree link
    Iran and Iraq will launch a new passenger shipping service between Abadan and Basra.
  • Frigstad orders at CIMC Raffles
    Cyprus-based Frigstad Deepwater has turned to CIMC Raffles two ultra deepwater semi-submersible drilling rigs with options for four four.
  • Karjalainen quits ESL
    ESL Shipping has drafted in a temporary boss after president Markus Karjalainen resigned.
  • Agnes goes aground
    A Vietnamese cargoship has been forced aground on an Indonesian beach in a storm.
  • Boskalis completes funding
    Royal Boskalis Westminster has successfully raised EUR 320m ($425m) from a share placement to help fund its takeover of heavylift outfit Dockwise.
  • Cape cash for Fredriksen
    John Fredriksen's Frontline 2012 has collected over $300m from investors to finance a slice of its ever-expending orderbook.
  • German duo buy TT-Line
    Two German investors have taken over Baltic ro-ro operator TT-Line.
  • Day of reckoning arrives
    Owners of bulk carriers are among those to be severely hit by huge increases in reinsurance costs to be passed on by the protection and indemnity clubs.
  • Cosco eyes second tie-up
    State-owned Cosco is teaming up with a second Chinese containership rival to weather the shipping downturn.
  • There once were four ugly ducklings...
    We take a look at what was said in the market over the past week.
  • Cement carrier sinks
    Two crew are missing and nine awaiting rescue on life rafts after a cargoship sank off Indonesia.
  • Singapore numbers up
    The Port of Singapore had a bumper year in 2012 despite it being a year that most shipowners will not look back upon with any degree of happiness.
  • NCL ups IPO ambitions
    Norwegian Cruise Line has set a new target of $400m its upcoming IPO.
  • Teekay Offshore gets cash
    Teekay Offshore Partners has successfully completed its Norwegian bond issue, raising NOK 1,300m ($235m) in total.
  • Tidewater takes STX trio
    US offshore giant Tidewater has taken over the contracts for three 87.9 metre platform supply vessels (PSV) that are under construction at STX OSV shipyards in Norway.

American Shipperweb site
JANUARY 11, 2013
  • Reports: G6 carriers will cooperate on U.S. East Coast services
    Sources have confirmed to American Shipper reports that the so-called "G6 Alliance" of liner carriers will extend its cooperation beyond the Asia-to-Europe trades to the Asia-to-East Coast of the United States.
  • Analysis: Trucking continues to take freight from skies
    A number of factors ranging from the impending U.S. hours of service requirements to a lack of drivers on the road will lead to a tightening of trucking capacity this year, taking more market share from air freight carriers.
  • Port Logistics acquires Pacific Distribution
  • PSA throughput grows 5.2% in 2012
  • U.S. $2,500 limit for informal entries takes effect
    CBP last month published notice of its intent to increase by $500 the limit for which merchandise may qualify for an informal entry, thereby eliminating the need for a surety bond, expediting customs clearance and reducing the MPF amount.
  • Donahue outlines U.S. Chamber's legislative priorities
  • SAP to migrate ERP to new database technology
    The global enterprise resource planning (ERP) giant on Thursday unveiled a new database option for its system that allows for the capture and analysis of transactional data on a real-time basis.
  • New Orleans not hindered by low water
  • Organizations start young professionals program
  • U.S. challenges Indonesia's ag products restrictions
  • Ex-Im Bank backs fire truck exports to Nigeria
  • CTA backs biofuel exemption for Maritimes
  • ITC starts 2 digital trade investigations

The Bunker Bulletinweb site
JANUARY 11, 2013
  • Weekly global market update
    A weekly price round up of bunkering hubs from around the world.
  • Bunker prices in the Americas end week on mixed note
    Demand and avails were good in Houston, according to a local supplier.
  • EU provides funding towards LNG bunkering research
    Project aimed at converting an existing vessel into a LNG bunkering ship so it may be used to refuel other ships.
  • North American ECA: Fuel availability and increasing costs main issues
    Immature technology not the primary concern, according to Sustainable Shipping poll.
  • LNG bunkering vessel design 'evolving'
    Vessel is designed for growing LNG bunkering market of the North European ECA with a special focus on the Baltic sea.
  • Prices close week soft in Fujairah
    Prices firm in Cape Town and Durban.
  • Bunker prices dip in northwest Europe
    Losses seen in Rotterdam and Hamburg.
  • High winds disrupt bunkering at Novorossiysk
    Impact likely to be felt until late Saturday.
  • OW Bunker buys two tankers
    Company already had ships on bareboat charter.
  • Arbitrage volumes could be weaker than predicted
    The volume of fuel oil arbitrage cargoes heading into Asia in February has been revised down.
  • Annual policy address could target ship-generated emissions
    Hong Kong could be about to announce mandatory restrictions on sulphur levels.
  • Bunker prices reverse upward trend at week's close
    In Singapore, benchmark 380 cSt bunker fuel dropped $3.50 to close at $636.00 pmt.
  • Frontline share placement to fund new buys
    $310 million raised from private placement of new shares.
  • New MD for Fratelli in Singapore
    Douglas Lee brings 'wealth of experience' to the role.
  • FAL Oil suspends debt restructuring talks with lenders
    Hoping its new business plan will allow it to secure a debt repayment agreement by the end of the month.
  • Bunker barge officially joins supplier's fleet
    MT Sahir will operate in the Mumbai port area.
  • Sentek displaces Brightoil as Singapore's second largest supplier
    Market share held by the top players may have declined.
  • Chimbusco builds new fuel oil facility in Tianjin
    Construction to be completed by April.
  • Goldman Sachs hires former Brightoil bunker CEO
    Quek Chin Thean will head its commodities trading team from Singapore.

›››File
FROM THE HOME PAGE
No from the Government of London to a state guarantee on new loans requested by Harland & Wolff
London
"The market is in the best position to resolve the business issues faced by the company," he said.
In the port of Naples, the work of strengthening the dam foranea Duke d' Aosta is initiated.
Danish Norden buys Norwegian Norlat Shipping
Hellerup
Is specialized in the maritime transport of forest products
Meyer Werft confirms the possibility of implementing the restructuring of the navalmechanical group
Meyer Werft confirms the possibility of implementing the restructuring of the navalmechanical group
Papenburg
Announced the definition of a draft of a plan that is expected to be completed in 2028
IBIA, the current carbon intensity indicator of the IMO penalises the bunkerage business
London
Submitted a proposal to change the CII ahead of the next session of the MEPC
COSCO Shipping Ports, in June new historical record of monthly container traffic
Hong Kong
In the April-June period of this year, a new quarterly record was also recorded
Slight quarterly and semester growth of container traffic in the port of Algeciras
Algeciras
New locomotives for transalpine transport of SBB Cargo International
Munich of Bavaria
Order to Siemens Mobility
New historical record of monthly container traffic in the port of Barcelona
Barcelona
Also recorded new maximum spikes of quarterly and semi-annual containerized volumes
New historical record of monthly container traffic in the port of Barcelona
In the second quarter, freight traffic in the Antwerp-Zeegrugge port system grew by 4% percent.
In the second quarter, freight traffic in the Antwerp-Zeegrugge port system grew by 4% percent.
Anverse
The containers were equal to almost 3.4 million teu (+ 2%)
Port of Rotterdam, in recovery of container traffic in the second quarter
Port of Rotterdam, in recovery of container traffic in the second quarter
Rotterdam
In the second half of the year, volumes are expected to rise in other market segments.
CMA CGM accords with Google to apply artificial intelligence to group operations
In the first half of 2024 the container traffic in the port of Los Angeles grew by 14.4%
Los Angeles
ABB's earnings growth while falling orders
Zurich
Increase in commits in the maritime, port and chemical sectors
Assiterminal, use EU ETS funds for investment in infrastructure and new equipment for port businesses
Assiterminal, use EU ETS funds for investment in infrastructure and new equipment for port businesses
Rome
The trade unions are abandoning the confrontational drift on the Ccnl.
Marsa Maroc will operate two terminals in the Beninese port of Cotonou
Casablanca
The business will be held together with the new public-private company Bénin Manutentions
Clerc (Maersk) : The next few months will also be characterized by a containerized hold deficiency in the face of high demand
Copenhagen
Agreement in Bahrain to set up a shipyard recycling yard
In May, the decline of naval traffic in the Suez Canal was accentuated.
In May, the decline of naval traffic in the Suez Canal was accentuated.
The Cairo
The crossings of tankers have decreased by -41.5% and those of ships of other type by -59.4%
Cognolate is the new president of Assiterminal
Rome
Ferrari confirmed director of the association of port terminalists
The shareholders ' assembly of Assiterminal, who unanimously elected Tomaso Cognolate president of the association of terminalists ...
Le Aziende informano
ABB completa l'acquisizione del business di routing meteorologico di DTN per la navigazione
La transazione è stata completata oggi, in seguito a un precedente annuncio di accordo con il gruppo globale di dati e analisi DTN
CIMAC has been accredited with consultative status at the International Maritime Organization
Frankfurt am Main
General cargo ship stopped and sanctioned by the Coast Guard of Genoa
Genoa
Found serious breaches of European ship recycling law
European commissioners Valean and Sinkevicius resignations to take place in the EU Parliament
Brussels
The rebound in revenues recorded by OOCL continues.
Hong Kong
In the second quarter of this year, they grew by 14.4%
Singapore port records new historical records of quarterly and semi-annual traffic of containers
Singapore
New maximum peaks also of non-oil bulk bulk
Orders for 2.7 billion to KSOE for the construction of 12 15,500-teu container carriers
Seoul / Sejong
The Fair Trade Commission authorizes the KSOE to acquire 35.05% of the capital of STX Heavy Industries
FMC blocks the entry into force of the Gemini Corporation Agreement between Maersk and Hapag-Lloyd in trades with the USA
Washington
It would become automatically effective on Monday, but the US agency requested more information
In the first half of 2024, the traffic of goods in Russian ports fell by -3.1% percent.
St. Petersburg
Dry goods in decrease of 2.7% and dry bulk of -3.5%
In the port of Klaipeda will begin the construction of a new cruise terminal
Klaipeda
It is expected that the work will depart this year
Inaugurated the new Indian port of transhipment
Inaugurated the new Indian port of transhipment
Thiruvananthapuram
The deep water heater in Vizhinjam is managed by the Adani Ports and Logistics
In the second quarter, acts of piracy against ships, but not violence against seafarers, declined.
In the second quarter, acts of piracy against ships, but not violence against seafarers, declined.
London / Kuala Lumpur
Reported 27 attacks compared to 38 in the April-June period of 2023
Underwriting the agreement for the renewal of the Ccnl of the shipowner industry
Rome
Overall increase to the average parameter (nostrome) of 202 euros
Global Ports Holdings accepts takeover offer of the majority shareholder GIH
London
The proposal includes the delisting of the company
West Sicily's AdSP fagocytes the port of Sciacca in its jurisdiction
Shack
The city administration announces the next signing of the delivery record between the Demanium Marittimo and the AdSP
At Italian Rail Network the management of the last railway mile in the port of Gioia Tauro
Joy Tauro
Signed the act of granting the duration of 15 years
The Parliament of Hamburg has approved in the first reading the agreement for the entry of MSC into the capital of HHLA
Hamburg
71 votes in favour and 34 against
In the first half of 2024 the traffic of goods in Turkish ports increased by 3.2%
Ankara
In the second quarter, volumes with Italy returned to growth after seven quarterly periods of decline.
NovaAlgoma orders what will be the world's largest cementier ship
Lugano
Commissioned at Zhejiang Xinle Shipbuilding, it will have a gross grasp of 38,000 tons
Appeal of the shipping industry for the modification of the Carbon Intensity Indicator
London
Intrinsic flaws-explained six associations-counteract with the common goal of reducing greenhouse gas emissions in the maritime sector
Japan's Oriental Land Co. enters the cruise industry by ordering a ship in Meyer Werft
Japan's Oriental Land Co. enters the cruise industry by ordering a ship in Meyer Werft
Papenburg / Urayasu
It will carry out mini cruises with departure from Tokyo as part of a deal with Disney
CMA CGM-Pasqal agreement to introduce quantum computing technologies in shipping and logistics
Marseille
Training of the personnel of the shipowner group to quantum computation
The EU Commission has approved aid disbursed from Italy to the Caremar maritime services
Brussels
The in-depth investigation of the companies of the former Tirrenia group ended
Royal Boskalis will acquire the entire control of Smit Lamnalco
Papendrecht
Deal to buy 50% percent of capital from Saudi group Rezayat
Last year, intermodal shipments arriving and departing from Italy have significantly decreased.
Brussels
Recorded reductions of -8.8% and -13.1% respectively
Almost total membership-they stress Filt, Fit and Uilt-at the strike days of port workers
Genoa / Rome
Waiting for a fair response in wage terms and protections
Currently 90% per cent of ship arrivals in the port of Singapore are not scheduled
Singapore
"The effect of the crisis in the Red Sea could be aggravated by the next increase in container volumes," Minister Hon Weng said.
Port Marghera inaugurated the work of the new container terminal Montesyndial
Port Marghera inaugurated the work of the new container terminal Montesyndial
Venice
Di Blasio : It is one of the most important and expected infrastructure works for veneta portuality and the productive fabric of the Northeast
It expects the reduction of maritime traffic in the Panama Canal
Balboa
In the first five months of 2024, the transits of high-fishing vessels were 3,706 (-30.4%)
Port concessions, Financial Economic Plans will have to be drawn up on the basis of a format drawn up by the ART
The State Council has upheld the appeal of the Co. Na.Te. Co. towards the AdSP of Naples for the missed dredgers
The trend of sensitive traffic growth in the port of Bremen / Bremerhaven continues.
Breed
The hike is towed by the containers
New service of Bertani Transport for car rail transport between Chignolo Po and Cassino
Milan
Made a trip per week with the aim of doubling the frequency
Trafigura becomes sole proprietor of the High Heat Tankers
Singapore
Acquired 50% of the capital in hand at Gearbulk
6.5% of the fleet in navigation is able to use alternative fuels or propulsions
Naples
Positive the second quarter of Wärstilä
Helsinki / Trieste / Rome
Accentuated growth in the maritime segment
Launched a ro-pax of Bluferries
Athens
From the beginning of next year, he will connect Villa San Giovanni with Messina
Fincantieri-Hera agreement for the optimisation of the waste cycle
Bologna / Rome
A newco will be established. The activity will be launched at the shipyard in Monfalcone
Japan's ENEOS cedes fleet of tankers and bulk carriers to a participating newco at 80% percent from NYK
Tokyo
The sale does not include ships for the transportation of crude oil
EU funds for 765 million euros at new railway line-Lyon
Brussels
Also funded access to the Brenner Base Tunnel
Medtruck (MSC group), agreement with trade unions on salary and rights
Rome
In the next 15 days workers will be called upon to speak out on the deal.
Inaugurated the new intermodal rail link between the Central Tuscany Interport and the Darsena Toscana Terminal
Lawn
On arrival in the port of La Spezia the naval means for the construction of the new pier cruises
The Spezia
They will be used for the consolidation of the seabed and prefabrication and laying of the casks
Rhenus has inaugurated two plants near Bologna and Milan.
Lauzac
New branches in Castel San Pietro and Casei Gerola
In June the Port of Long Beach sets a new container traffic record for this month
Long Beach
The EIB finances 90 million of the project of the Darsena Europa of the port of Livorno
Luxembourg
Warriors : full political and financial support for its realization
Agreement between the AdSP of the Central Adriatic and the State Police for the prevention and contrast of cyber crimes
Ancona
Cross (Assoperatives) : Do not stop the realization of major infrastructure
Genoa
Dam of Genoa, Third Valico and motorway grate-points out-are essential works
In the first half of 2024 the container traffic in the port of Hong Kong fell by -5.4%
Hong Kong
In the second quarter, the decline was -7.5% percent.
Renewed the five-year agreement between Honored Shipowners and IMAT for the training of crews
Castel Volturno
Saipem to win two offshore projects in Saudi Arabia
Milan
New assets worth about 500 million
The work on the realisation of the new entrance to the port of Augusta has been carried out.
August
Di Sarcina : Strategic work also in light of the recent transfer of container traffic from Catania
Strong demand for containers is reflected on the profits of the CIMC
Hong Kong
Recorded a significant increase in dry box sales
ALS Customs Services has acquired the Italian Battaglino Customs Services
Hilden
The Milan firm has 79 employees
Approved the 2023 budget of Interporto Campano
Nola
Confirmed Alfredo Gaetani (President) and Claudio Ricci (Managing Director)
Saipem, commits for offshore activities in Azerbaijan
Milan
In programme activity in the Azerbaijani waters of the Caspian Sea
The Danish group SGL buys Brazilian Blu Logistics Brasil
Hvidovre
Agreement to acquire the entire share capital
99.2% million of Fincantieri's 400 million capital increase subscribed to
Rome
Majority shareholder CDP Equity has subscribed to new shares worth 285.8 million euros.
On July 17, the public assembly in Assiterminal will be held in Rome.
Rome
Messina (Assshipowners) : with the renewal of the Ccnl of the shipowner industry valid responses to the needs of workers
At The Spice Container Terminal start the scallops of the 21,000-teu container ships of OOCL
The Spezia
Inaugurated the Onshore Power Supply plant of the port of Valletta
Floriana / Geneva
Every Wednesday "MSC World Europa" will connect to the electric grid of the stopover
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PSA, measures to mitigate congestion in the port of Singapore are having success
Singapore
In recent months, it has increased, among other things, the need to handle containers several times.
Presented the XII National Report on the Economy of the Sea
Rome
The sector generates a direct added value of 64.6 billion euros.
Set up in the construction site of Ancona the construction of the extra-aluminum cruise ship Four Seasons I
Trieste
Fincantieri will deliver it by the end of 2025
Hapag-Lloyd announces preliminary results of first semester
Hamburg
The company believes that the second half of 2024 will be better than previous expectations.
In May the traffic of goods in the port of Ravenna decreased by -3.0%
Ravenna
The month of June is expected to decline by -3.3% percent.
The economic-financial analysis of Fedespedi of containerized shipping companies
Milan
Laying of the keel of the new ultra-luxury megayacht destined for Aman at Sea
Genoa
Ceremony in the construction site of St. George of Nogaro of T. Mariotti
Danaos confirms order in China for five new container ships
Athens
Four will have a capacity of 9,200 teu and one of 8,258 teu
In Barcelona the first container terminal in the Mediterranean with electrified quay
Barcelona
On Friday the inauguration of the Onshore Power Supply plant in Hutchison Ports BEST
The revenue growth of Taiwanese Evergreen and Yang Ming continues
Taipei / Keelung
YML orders 9,100 new containers
Inaugurated in Gioia Tauro the quay that will host the pole of naval reparations
Joy Tauro
Agostinelli : This year the container traffic in port will challenge the four million teu
Chinese group Hengli will build a shipyard on the island of Changxing
Dalian
Investment of the value of 1.3 billion
SFL Corporation renews with Maersk the rental of four container ships
Hamilton
The capacity of ships will be high from 8,700 to 9,500 teu
Prysmian, record of installation of a cable in ultra-deep waters
Milan
Test for installation at -2,150 meters
Germany's Rhenus has acquired 15% percent of France's C Chez Vous
Holzwickede
Is specialized in the delivery of goods weighing more than 30 kilograms
Astilleros Armon delivered the dual-fuel ferry Margarita Salas to Baleària
Dénia
Can be powered to liquefied natural gas
Brothers Cosulich orders two new chemical bunkering tankers
Genoa
They will be taken in delivery in the first semester of 2026
Lineage buys the abruzzese supplier of Eurofrigor refrigerated warehouses
Amsterdam
Manages a refrigerated cell structure of more than 24,000 square meters in Controwar
Fincantieri vara to Ancona the cruise ship Viking Vesta
Los Angeles
In mid-2025 it will be delivered to American Viking
At the end the constructive phase of the port of Porto Torres
Cagliari
Entrusted to a Technical Advisory Panel on the issue of the greatest costs of opera
In China, the keel of the new ro-pax has been laid down. GNV Virgo
Genoa
It will be the first ship of GNV's fleet to be powered by liquefied natural gas
In Genoa, the World Day of Ausile Navigation
Genoa
On August 22, IALA will assume the legal status of intergovernmental organisation
SFL Corporation orders the construction of five container ships from 16,800 teu
Hamilton
Commits the value of a billion dollars to New Times Shipbuilding
In 2023, Fratelli Cosulich recorded financial performance second only to those records of 2022
Genoa
OMT (Accelleron) acquires the OMC2
Reflights
The Company manufactures high precision fuel injectors for marine, stationary and rail engines
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
On July 17, the public assembly in Assiterminal will be held in Rome.
Rome
Messina (Assshipowners) : with the renewal of the Ccnl of the shipowner industry valid responses to the needs of workers
The assembly of Assagents will be held in Genoa on June 25.
Genoa
Event entitled " Mari inquieti. Routes and conflicts : the incognition of traffickers "
››› Meetings File
PRESS REVIEW
Samsung, HMM clash in US over shipping rates
(The Korea Times)
Houthis Mount Biggest Month of Attacks on Ships This Year
(Bloomberg)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Tomaso Cognolato
Roma, 17 luglio 2024
››› File
Last year, freight traffic in Dutch ports fell by -7.6% percent.
The Hague
Reduction of volumes in all major merceological compartments
Chantier Naval de Marseille will retrofit two other cruise ships of AIDA Cruises
Rostock
They are part of the class "Sphinx"
Genovese De Wave has acquired Inoxking
Genoa
The Company manufactures steel furniture and refrigeration systems for the maritime industry
The downturn of container traffic in the port of Piraeus continues
Hong Kong
Overall, the volumes handled by the COSCO Shipping Ports network have been increased.
MSC gets 97.71% of the capital of Gram Car Carriers
Oslo
In the coming days the acquisition of the remaining shares
Hapag-Lloyd reiterates its own terminalist division
Hamburg
A Hanseatic Global Terminals make 20 container terminals in 11 nations
ADNOC Logistics & Services orders in Korea 8-10 new liquefied natural gas vessels
Abu Dhabi
They will be built by Samsung Heavy Industries and Hanwha Ocean
Kombiverkehr is alarmed at the reduction of DB Cargo services for intermodal transport
Frankfurt am Main
The company is looking for alternative partners
Fincantieri will build a fourth NFS submarine for the Italian Navy Navy
Trieste
Commits of the value of 500 million euros
MSC ready to acquire 15% of ADR in Genoa Airport
Genoa
The shipowner group has submitted a binding proposal to buy
Four major critical areas in view of the entry into force of the FuelEU Maritime Regulation
Rome
Workshop on the theme of the Young Group of Confitweapon
Technical Varo of the second of the four GNV ro-pax ships under construction in China
Genoa
The "GNV Orion", of 52,000 tons tsl, will be taken over in the summer of 2025
Assshipowners have strengthened their structure
Rome
Insertion into the organic of Simone Parizzi, Mattia Canevari and Cesare Crocini
Japan's MOL acquires 25% of the logistics company Tanzaniana Alistair Group
Tokyo
Port of Ravenna, over four million euros destined for new mediums of less environmental impact
Ravenna
A ban on the replacement of the means currently operating in the quay
Rosetti Marino, new committed for offshore EPC activities worth more than 400 million euros
Ravenna
It envisages the realization of the topside of the gas production platform that will be installed off the coast of Libya
They return to grow the revenues of the FedEx express courier
Memphis
In the coming months, a continuation of the current positive trend is expected.
Assagents analyzes the impact on maritime traffic of the geopolitical crises in place
Genoa
On July 9 Adria Ferries will inaugurate a new ferry line between Italy and Montenegro
Ancona
Biweekly service between the ports of Ancona and Bar
State Railways and Eni continue cooperation in the field of alternative fuels
Rome
Mitsui O.S.K. Lines will have 72% of the capital of Gearbulk
Tokyo
You will acquire an additional 23% held by Halberton Holding (Jebsen family)
The Young Shipowners Group of Confitarma launches the website ItalianSeafarers
Rome
Presented the training opportunities offered by the companies and the ITS foundations
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