• 2011 December 23 15:35

    Hamburg loses to Trieste as southern ports exploit rail

    Mediterranean ports are luring trade from Hamburg and Rotterdam as upgraded rail links allow shipping lines to unload containers earlier in the journey from Asia and complete deliveries overland, Bloomberg reports. Trieste on the Adriatic is 22.5 days sail from Singapore, Asia’s No. 2 port, or a week closer than Hamburg, according to A.P. Moeller-Maersk A/S, owner of the No. 1 container line. The rail journey from the Italian port takes a few more days.
    Mediterranean harbors, which vessels transporting goods from Asia encounter first after passing through the Suez Canal, are becoming competitive even for consignments headed further north as shippers slow sailing speeds to reduce diesel costs. The trend may accelerate as south European governments eager to encourage economic growth spend more on rail infrastructure.
    “Northern Europe’s market share could be under threat in coming years as more cargo shifts south,” said Mike Garratt, director of Box Trade Intelligence, which monitors 20 global trade lanes. The time saved compared with a journey to the North Sea via Gibraltar can cut transit times or allow even slower sailings, paring fuel use without impacting deliveries.
    Luring business from the north may help revive volumes at southern ports, which have suffered more as Europe’s debt crisis crimps growth. Container numbers rose 17 percent in Hamburg and 9.8 percent in Rotterdam in the first half, versus 3.9 percent in Algeciras, Spain, and fell 0.7 percent in Gioia Tauro, Italy.
    Deep Water
    Shipping lines are exploring all options as vessels bought when demand was higher enter service, hurting freight rates and margins. European box shipments rose 4.5 percent in the first 10 months, trailing an 8 percent gain in capacity, data from Container Trade Statistics shows. Volumes in 2012 may rise 3.1 percent and capacity 10 by percent, according to AXS Alphaliner.
    Trieste, located on the open sea 70 miles (113 kilometers) from Venice, has a harbor that’s 18 meters (60 feet) deep and able to handle the largest container ships at full load, unlike northern rivals Hamburg, Bremerhaven and Antwerp, which are situated on river estuaries and rely on regular dredging.
    The Italian port has more than 100 container-train services a week provided by Societa Alpe Adria SpA to destinations in Germany, Austria, Hungary, Slovakia and the Czech Republic, and is targeting countries as distant as Poland, one of the main markets for Hamburg, as it benefits from 334 million euros ($436 million) in spending on docks and infrastructure by 2017.
    BMW Bid
    A near-term aim is to capture flows from Munich in southern Germany, home to Bayerische Motoren Werke AG, Siemens AG and truckmaker MAN SE. The Bavarian city is situated 322 kilometers from Trieste, or about half the distance to Hamburg and Rotterdam, a 12-hour journey for a container train.
    Just around a headland to the south, Luka Koper, the only port on Slovenia’s 30-mile coastline, already forwards two- thirds of the goods it handles to Hungary, Italy, Slovakia, south Germany and Austria, for which it’s the No. 1 coastal entry and exit point, with a bigger market share than Rotterdam.
    Luka Koper ranks as the Adriatic’s busiest container dock, handling an estimated 600,000 boxes this year, and is one of the biggest Mediterranean auto terminals, spokesman Sebastjan Sik said, with links to Alpine rail routes to be upgraded next year.
    Clients include Italy’s Sermar Line Srl and Shipping Corp. of India, or SCI, which said October they’d establish a joint service linking Koper and Venice and Ravenna in Italy with the Indian ports of Nava Sheva and Mundra, easing the transport of exports from the subcontinent to central and eastern Europe.
    Paris Link
    Marseille Fos, Europe’s fifth-biggest port and the world’s third-largest crude oil terminal, will begin operating extra- long 850-meter container trains to Valenton in the suburbs of Paris next year. It also plans to start services connecting with a truck-on-train “rolling motorway” between Perpignan, close to the Spanish border, and Bettembourg in Luxembourg from 2015.
    Total cargo handled at France’s top port rose 1 percent in the first nine months on increased shipments of liquefied gas, fertilizers and cereals as container traffic shrank 6 percent.
    Harbors in other countries with economies hurt by the euro crisis might reap similar gains given infrastructure improvements. Vessels operated by CMA CGM SA, the world’s No. 3 container line, take 26 days to reach Piraeus, near Athens, from Taiwan, versus 33 days to Rotterdam and 35 to Hamburg.
    The latter has the biggest hinterland among European ports in terms of containers moved by train, truck and barge, serving Germany, Poland, the Czech Republic, Austria and Denmark, and is taking steps to safeguard its market share.
    Container numbers moved by train this year rose 9 percent to 2.1 million, the Hamburg Port Authority estimates. Rail traffic to Poland and the Czech Republic will double by 2020, with 400 trains a day versus 1,200 a week today, it said Nov. 29 in a presentation at the Intermodal Europe 2011 conference.

2024 July 16

18:02 China extends visa-free transit policy to 37 ports
17:25 Works on schedule for the Ravenna regasifier, with the plant operational in the first quarter of 2025
17:05 STX Heavy Industries changes name to “HD Hyundai Marine Engine”
16:45 OOCL's revenue rises 14pc to US$2.2bln
16:20 Saltchuk acquires all of the outstanding shares of Overseas Shipholding Group
15:57 EU sets four conditions for the port of Piraeus inverstments
15:41 Serbia to open tender for Prahovo port overhaul in 2024
15:37 EIB lends €90 million for sustainable expansion of the Port of Livorno
15:34 Crew of capsized oil tanker off Oman still missing
15:14 Lomarlabs signs with Cargokite to develop a new ship class of micro ships
14:47 Greece extends naval drills that deter Russian oil transfers - Bloomberg
14:08 The Official Journal of the European Union publishes the first-ever EU regulation to reduce methane emissions
13:24 High cat fines found in the Amsterdam-Rotterdam-Antwerp region bunker fuel samples, alerts CTI-Maritec
12:58 Yangzijiang Shipbuilding works to acquire over 866,671 sqm of land for new clean energy ship manufacturing base
12:42 GTT entrusted by Samsung Heavy Industries with the tank design of a new FLNG
10:47 Maersk signs an MoU for ship recycling in Bahrain

2024 July 15

18:06 European Shipowners and Maritime Transport Unions launch initiative to support shipping and seafarers in the digital transition
17:35 APM Terminals Mumbai switches to 80% renewable electricity
17:05 Seaspan Shipyards welcomes the formation of the “ICE Pact”
16:41 World’s first entirely hydrogen-powered ferry welcomes passengers in San Francisco Bay
16:26 FMC issues request for additional information regarding Gemini Agreement
16:24 Saipem awarded two offshore projects in Saudi Arabia worth approximately 500 million USD
16:12 Pecém Complex selects Stolthaven Terminals and GES Consortium as H2V Hub green ammonia operator
15:43 Singapore's bunker sales rise 8.5% in the first half of 2024
15:27 TORM purchases eight and sells one second-hand MR vessel
14:55 Adani plans to build port in Vietnam
13:35 Regulator gives conditional nod to HD Korea Shipping's purchase of stake in STX Heavy
13:02 HD Korea Shipbuilding wins US$2.67 billion order to build 12 container carriers
12:51 Maersk introduces SH3 ocean service between China and Bangladesh
12:24 ABS to сlass two new Seatrium FPSOs for Petrobras
11:42 CSP Abu Dhabi Terminal surpasses throughput of 5 mln TEUs
11:11 Fincantieri launches the seventh PPA “Domenico Millelire” in Riva Trigoso
10:51 India's first transshipment port receives its first container ship
10:35 The “Egypt Green Hydrogen” project in SCZONE wins a contract worth € 397 million to export green fuel to Europe

2024 July 14

15:17 FMC issues request for additional information regarding Gemini agreement
13:06 Lummus and MOL Group begin engineering execution on advanced waste plastic recycling plant in Hungary
10:51 Chinese line launches new Arctic container service to Arkhangelsk
09:49 Malta PM tours Abela toured MSC World Europa officially inagurates Valletta shore power

2024 July 13

15:47 €11 million for 1-MW Dynamic Electrolyser Unit
14:11 PSA Group and Singapore mitigate impact of global supply chain disruptions
12:23 NREL: Offshore wind turbines offer path for clean hydrogen production
10:06 MMMCZCS releases a technical, environmental, and techno-economic analysis of the impacts of vessels preparation and conversion

2024 July 12

18:00 Qingdao Port International to buy oil terminal assets for $1.30 billion
17:36 Saipem signs framework agreement with bp for offshore activities in Azerbaijan
17:06 AG&P LNG and BK LNG Solution signs an agreement to bring BKLS's first LNG spot cargo into China
16:31 Allseas removes final Brent platform with historic lift
15:58 ZPMC Qidong Marine Engineering launches the world’s largest FPSO bow section for Petrobras
15:25 MSC acquires Gram Car Carriers
14:58 ABP boosts marine capability through pilot launch upgrades
14:34 Fincantieri receives ISO 31030 attestation from RINA
13:52 Second new dual-fuel fast Ro-Pax ferry to enter service for Balearia after successful sea trials
13:24 ADNOC deploys AIQ’s world-first RoboWell AI solution in offshore operations
12:59 ABS issues AIP for new gangway design from Pengrui and COSCO
11:38 Port of Long Beach data project receives $7.875 mln to speed goods delivery
11:15 ZeroNorth to provide its eBDN solution on 12 barges operated by Vitol Bunkers in Singapore
10:46 Seatrium secures customer contract agreement from Teekay Shipping for the repairs and upgrades of a fleet of vessels
10:14 Liquid Wind and Uniper enter into strategic partnership to accelerate the development of eFuels

2024 July 11

18:06 Yanmar and Amogy to explore ammonia-to-hydrogen integration for decarbonized marine power
17:36 COSCO Shipping receives first 7500 CEU LNG dual-fuel PCTC
17:06 Monjasa adds two tankers and targeting West Africa’s offshore industry
16:34 Biden administration announces funding for 15 small shipyards in 12 states
16:10 Iran's Ports and Maritime Organization attracts nearly $1.7bln of investment in ports, maritime sector
15:52 The added value of Chinese port cities up to US$869.05 bln in 2023
15:25 HD Hyundai becomes first Korean shipbuilder to sign MSRA with US Navy
13:41 NovaAlgoma orders the world’s largest cement carrier
13:21 Steerprop selected to provide comprehensive propulsion systems for world's largest cable-laying vessel
12:41 Integrated Wartsila propulsion package supports decarbonisation and efficiency goals for James Fisher tankers
12:36 MABUX: Bunker Outlook, Week 28, 2024
12:10 Valencia Port Authority signs an agreement with C.N.E. Hydrogen and Fuel Cells to promote hydrogen research
11:41 Long Beach, Los Angeles ports partner for zero-emissions future