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Independent journal on economy and transport policy
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October 28, 1997

  • Liners to hike rates with strong trade growth
    They are also taking advantage of higher volumes during seasonal peak period
  • Container ship, fishing boat collide off S'pore, 1 missing
  • Building of bay in disputed islets nearly completed
  • P&O to seek US help to end Karachi dock workers' protest
  • Taiwan's Yang Ming latest to sign customised deal with PSA Corp
  • US agency to meet on shipping row
  • Ship hit by rebel attack may pollute Sri Lanka coast

  • Rolls-Royce Motor put up for sale by Vickers
    BMW seen as favourite to buy UK luxury car maker
  • Kuwait Airways' finance tender closes on Friday
  • First assembly plant of Smart car officially opened in France
  • US air couriers face changes in regulations
  • Vietnam plans to have 138 airports at a cost of US$5.7b
  • Indonesian aircraft maker says barter deals beneficial
  • Porsche wins case against Japan car importer

  • New terminals to replace old
    Infusion of private investment has permitted the current wave of construction and renovation at the New York airport


Fairplayweb site
OCTOBER 27, 1997
  • Delayed oil on the move
    ABOUT 4m barrels of US-bound Mexican crude, which was held up at two closed Gulf of Mexico ports earlier in the month, were quickly shipped to their destinations last week.
  • Cochin finalises ship repair plans
    INDIAN government-owned shipbuilder and repairer, Cochin Shipyard, has finalised plans to set up a new ship repair complex to cater for coastal shipping.
  • Argonaut stages strong interim improvement
    A MARKED improvement in freight rates and profits from the sale of a ulcc boosted the January-September pre-tax result of Argonaut.
  • Profits slip at Shahi Shipping
    MUMBAI-based Shahi Shipping has registered a 12 per cent dip in net profit despite a surge in turnover.
  • Gorthon achieves six per cent profit rise
    HEALTHY cargo volumes helped Gorthon Lines, the Swedish forestry product carrier specialist, to stage a six per cent rise in pre-tax profit.
  • ABP reorganises management structure
    AS the first part of its strategic review, Associated British Ports (ABP) has reorganised its UK ports' management into five regions.
  • New Australian minister in key union talks
    BETTER safety and productivity on Australia's waterfront are the key agenda items that the government has laid down for top-level talks this week with the nation's union leaders.
  • Transas installs VTMS for port of Keelung
    TRANSAS Marine (UK), part of the St Petersburg-based maritime software house Transas, has supplied a Vessel Traffic Management System (VTMS) to the port of Keelung.
  • Dredger sinks at Thames Barrier
    A DREDGER hit the Thames flood barrier this morning and sank in 5.8 metres of water.
  • Malta Shipbuilding reports timber ship interest
    MALTA Shipbuilding chairman says the company had received several offers from foreign companies regarding the purchase of six timber carriers.
  • Mosking's engine trouble worse than expected
    TROUBLE with the low pressure turbine on the 1974-built vlcc tanker Mosking has turned out to be worse than anticipated and the vessel is on its way to Dubai for repairs.
  • Skaugen buys three lighter tankers
    SKAUGEN PetroTrans, part of the I S Skaugen group, has decided to take up an option to buy three lighter tanker vessels.
  • PSA Corp signs up Yangming
    YANGMING Marine Transport Corp has signed a long-term terminal service agreement with PSA Corp.
  • Nissos Amorgos case scheduled for December
    THE trial of the captain in the Nissos Amorgos oil spill case has been scheduled for December.
  • Elma delivers last ships to auction
    ARGENTINE state-owned liner owner Elma is to sell its remaining vessels, four containerships and two reefers, by a public auction.
  • ICB gives Angelicoussis more time
    ICB Shipping has extended the period in which Obelia Finance Company, owned by the Greek Anglicoussis family, will have to subscribe for the shares in the Swedish tanker owner.
  • US House approves penalty for safety violations
    THE US House of Representatives has passed legislation containing a provision for cargo sanctions against vessels detained for a violation of the SOLAS convention.
  • Concordia cancels vlcc sale
    CONCORDIA Maritime will not sell the 1975-built, 273,186 dwt turbine tanker Stena Continent for conversion.
  • CP gets more access and drops Conrail objections
    TWO US railroads, CSX Corp and Norfolk Southern Corp, have agreed to give Canadian Pacific (CP) more access to Philadelphia port and CP has dropped its Conrail objections.
  • Wilhelmsen enters newbuilding talks
    NORWEGIAN operator Wilh Wilhelmsen is to start talks with a number of shipyards for the building of a series of roro vessels.
  • Van Miert gives Italy ports ultimatum
    ITALY has been given a 60-day ultimatum to comply with EU port policies by commissioner Karel van Miert.


  • Thames shut after ship hits barrier
    A 4,000-tonne dredger hit the Thames flood barrier, damaged its bow and sank yesterday morning, temporarily closing a stretch of the river to all traffic.
  • Tory policies 'damaged shipping'
    ADMIRAL Sir Nicholas Hunt, director general of the UK's Chamber of Shipping, complained yesterday of "hostile and unfriendly" attitudes by the previous British government that had damaged the industry.
  • Vancouver jetfoil service plan attracts bidders
    HONG Kong-based Far East Hydrofoil Co and Clipper Navigation of Seattle have made a joint venture proposal to operate a Boeing jetfoil service between Vancouver and Victoria, beginning next September.
  • Bangladesh to build private container port
    BANGLADESH'S first private sector container handling port facility, with a capacity of 500,000 teu a year will be set up at a cost of $350m at Patenga.
  • Countries must act quickly to get cash
    TIME is running out for Caribbean countries to ratify the Marpol Convention if they want to benefit from the international donor funds which become available once the Wider Caribbean Initiative on Ship-Generated Waste (WCISW) is completed.
  • Stricken oil tanker threat to Sri Lanka coastline
    A CIVILIAN ship attacked and disabled by Tamil Tigers rebels on Sri Lanka's east coast last month is threatening marine ecology, Reuters reports from Colombo.
  • Ramos launches drive to improve maritime safety
    PHILIPPINE president Fidel Ramos promised to improve maritime safety in the country as he ordered the transfer of the Philippine Coast Guard from the Navy to the Department of Transportation and Communication.
  • SCI offered bonds instead of cash
    IN AN effort to clear its arrears of over Rs1.5bn ($42m), payable to the state-owned Shipping Corporation of India (SCI), the Indian government has asked SCI to subscribe to a part of its proposed Rs180bn issue of oil bonds.


  • End to Japan port tension brings deal on carrier fines
  • Air cargo executive calls for consistent security practices
  • DOT and FFA will review shipment security controls
  • $1 million from UP staff is first ever to United Way
  • Shipping execs back Japan port package
  • FRA slaps CSX Transport with crossing proceedures


Cargowebweb site
OCTOBER 27, 1997
  • Legal action mooted against Italian airport
  • Japanese-US negotiations fail to succeed
  • Schneider bound for Europe
  • Short Lines to forge ahead
  • Expansion of Van Ommeren Shipping dry loads fleet


  • BA move intensifies Europe airlines war
  • FedEx, pilots report progress
  • EU ready to breach German airport
  • Traffic controllers hit poor standards in South America
  • Downsizing spreads to railroad groups
  • Matteson to retire as head of academy
  • NY port completes dredge disposal site
  • Low-fare airlines gain slots at 2 sites
  • Houston set to bid on waterfront property
  • Global air cargo up sharply in July
  • Clinton team bypasses Downs in bid to settle Amtrak row
  • Worldwide slump tugs JofC index down
  • Singapore Air cargo increase powers profit
  • Philippines, Indonesia in port pact
  • Shipyard income-tax fight revisited in Congress
  • Kings Point, N.Y., maritime academy offers adult study courses on various shipping-related subjects

›››File
FROM THE HOME PAGE
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 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
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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