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Independent journal on economy and transport policy
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BRIEFS
January 23, 1998
free news
  • PSA ties up with Italy's Fiat for its first Europe port project
    PSA has signed an agreement to buy 60% of Italian port and logistics firm Sinport
  • Kelang Port told to refloat An Tai
  • Key maritime talks between US and China, Brazil will test ties
  • Guangzhou has US$400m of orders, plans to expand

  • Airbus, Boeing's backlog of Asian orders at US$30b
    The 260 planes make up 10% of units to be delivered, but include many widebodies
  • MAS in talks with Delta to switch slots for Boeing deliveries
  • Airbus close to selling 180 planes: report
  • JAL reduces flights to HK, Manila, S'pore
  • Japan says US request for extra 56 flights is 'too much'
  • Canadian railway's profit picks up 42%

  • Panama is still number one
    Lloyd's Register also lists Liberia, Greece, Bahamas, Cyprus, Malta, Japan, Norway, China and S'pore among top flags

  • Second arrest of a released vessel may not constitute abuse of court

free news
  • FEFC set rates not implemented across the board
  • Sooho Cho elected as chairman of KSA
  • Shanghai launches channel-deepening project
  • Philippine line raises funds through sales
  • Thai shipping group drops out of state fleet development
  • Continental boosts cargo RTM
  • Royal Aviation buys B-737 cargo planes
  • Asian flights trimmed by Qantas
  • Mercury tops off LAX facility

free news
Cargowebweb site
JANUARY 22, 1998
  • British EU chairman plumps for safety
  • NS Cargo books 18% growth in intermodal transport
  • Army to protect money transports
  • Far East rates drop, with volumes up to the mark
  • DAF orders rapid systems from Digital

free news
  • Partners will operate as ‘New World Alliance’
  • San Juan operations director wins ‘97 Thomas Crowley Trophy
  • B.C. port sees third best year
  • Ships are working at Kalama North Port
  • U.S. and Netherlands will share information
  • Grand Alliance picks Hamburg as port of call for Asia shipping
  • Safmarine plans shipping routes to Africa and India

free news
  • Trio set to operate under 'New World Alliance'
  • Hanjin's Sooho Cho elected KSA chairman
  • Japan, Korea agree on ferry expansion
  • Yokohama Reito to open biggest cold storage in Tokyo
  • Russo-Japan Siberian rail talk soon in Tokyo
  • Export cargo volume at TACT hits record

news on subscription
  • Daewoo acts to help ease Korean crisis
    MANAGERIAL staff at Daewoo Heavy Industries have accepted salary cuts of 10%-15% and shipyard production personnel have agreed to work an extra hour a day for no additional payment to help pull the South Korean economy through its financial crisis.
  • FPSO blockade halted
    A BLOCKADE of BP's Schiehallion FPSO in Belfast harbour by Greenpeace was cut short yesterday, after safety considerations forced the environmental action group to abandon its protest, writes Quentin Sommerville.
  • Box chartering undergoes a lull
    THIS is the time of year when the containership charter market becomes blurred. Brokers complain that everyone seems to shut up shop over Christmas and the New Year in Europe, reopening for a short while in early January. And then it all slows down again for the Chinese New Year.
  • Ras Laffan receives 'negative implications'
    STANDARD & Poor's has retained on its CreditWatch "with negative implications" two bond issues totalling $1.2bn from Ras Laffan Liquefied Natural Gas Co.
  • Global lines in new alliance
    HYUNDAI Merchant Marine, APL and Mitsui OSK will operate under the name New World Alliance in their new network of global container shipping services.
  • Shippers pledge to move more cargo with Taca members
    SHIPPERS have pledged to move more cargo this year with members of the Trans-Atlantic Conference Agreement under annual service contracts than in 1997, writes Janet Porter.
  • US pilot crackdown move
    THE US Coast Guard has proposed new regulations requiring that all merchant vessels in foreign trade on North Carolina's Cape Fear and Northeast Cape Fear Rivers must be under the direction and control of federally-licensed pilots, unless state licensed pilots have control.
  • Transroll to boost service capacity
    BRAZILIAN shipowner and operator Transroll Navegacao is to boost its capacity and frequency between north Europe and east coast South America in May with the deployment of the 1,650 teu Sirius.

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Fairplayweb site
JANUARY 22, 1998
  • NCLH rejects takeover rumours
    THE Oslo-based cruise shipping group NCL Holding has issued a statement rejecting rumours that P&O's Princess Cruises might bid for the company.
  • Substantial shipyard overcapacity forecast
    THERE will be a substantial overcapacity in world shipbuilding by the year 2000, according to Nomura Research of Japan.
  • Mercur Tankers buys roro ship
    MERCUR Tankers has bought a roro container vessel in a move to widen its activities outside the tanker business.
  • Japan remains top ship exporter
    JAPAN remained the world's largest ship exporter last year for the fourth consecutive year.
  • Currency woes hit Asian steel exports
    SOUTH Korea's economic turmoil threatens to put a dent in its steel-making industry.
  • Weak currencies threaten Chinese builder
    WEAKENING Korean and Japanese currencies are a major threat to the competitiveness of Chinese shipyards, according to the president of China State Shipbuilding Corp.
  • Judge rules on Lloyd's Names
    A JUDGE today ruled that Lloyd's had now produced a finality statement in an "intelligible form" which complied sufficiently with the requirements of Equitas clause 5.10.
  • Gibraltar tug company plans MBO
    HOWARD Smith, the UK-BASED towage and salvage company, appears to be in the first stages of negotiating a management buyout of its Gibraltar subsidiary.
  • Sea Containers announces record carryings
    THE launch of the SuperSeaCat on the English Channel helped Sea Containers reach record carryings on passenger and vehicle carrying services last year.
  • Thamesport wins Canadian service
    THE St Lawrence Co-ordinated Service (SLCS), operated by Canada Maritime and OOCL, is switching its UK port of call from Felixstowe to Thamesport from next month.
  • BV launches ISM software
    AN ISM compliant software system was unveiled yesterday by BV and Trident Software Developments, in the first such tie up between a software company and a class society.
  • Weak yen slows down Japanese-flag decline
    THE decline in the number of Japanese-flagged ships has slackened because the weak yen has boosted their competitiveness.
  • Sweden reaches ITF accord
    THE majority of Swedish-owned foreign registered vessels will soon be covered by collective agreements at a level acceptable to the International Transport Workers Federation (ITF).
  • Texaco boosts bunkers in Gibraltar
    TEXACO is to restructure its bunkering operations in Gibraltar from February 1.
  • Owners protest against new Brazilian tax
    A NEW tax on shipowners imposed by the Brazilian government earlier this month has sparked a huge protest from a shipowner's body.
  • Trinidad signs natural gas deal
    TRINIDAD and Tobago is set to become a major player for lng exports after the government yesterday signed an agreement to finance a $1.6bn project.
  • Firm rates boost Teekay
    FIRM freight rates for aframax tankers and lower bunker fuel costs boosted fourth quarter results for Teekay Shipping.
  • Antwerp container dock wins approval
    THE regional government of Flanders in Belgium has given official authorisation for the construction of a Bf 15bn ($397m) tidal container dock with direct access to the river Scheldt.

news on subscription
  • OCHZ: un mia. de BEF investis dans la nouvelle dimension
    A la mi-1999, le terminal à containers de l'OCHZ (Ocean Container terminal Hessenatie Zeebrugge), dans l'avant-port, présentera une physionomie totalement différente, celle d'une installation ultra-moderne apte à traiter des PC de 4.000 TEU et plus, dans des conditions plus optimales qu'aujourd'hui et ce, dans le contexte de dessertes rapides, tant côté maritime que terrestre car ladite installation reste également un terminal ferroviaire. L'outil comptera alors 8 portiques dont 3 super-postpanamax et une grue Gottwald, ceci pour une capacité annuelle de 400.000 containers ou 540.000 TEU.
  • J. Bellekens va construire une nouvelle plate-forme de groupage
    La société de transport routier international J. Bellekens a été élue Transporteur de l'Année 1998 par les lecteurs du magazine Truck & Business. Cette entreprise de groupage devrait connaître cette année une évolution importante, avons-nous appris lors de la réception ayant suivi la remise du trophée. Jozef Bellekens nous a en effet déclaré que de toutes nouvelles installations, sensiblement plus grandes que les actuelles, seront construites.
  • L'année de tous les records pour le complexe portuaire liégeois
    La région liégeoise connaît, depuis quelques années, une activité portuaire en expansion continue. En 1997, Liège renforce encore, devant Strasbourg et tous les grands ports rhénans, sa position de troisième port européen d'intérieur, derrière Duisbourg-Ruhrort et Paris, dont elle se rapproche. En effet, avec 23,9 millions de tonnes manipulées, Liège réalise, en 1997, une progression de 10,63 % par rapport à 1996.
  • Les autorités fédérales respectent le calendrier des réformes de la navigation intérieure
    "En vue de la libéralisation complète de la navigation intérieure en 2000, j'ai précisé à toutes les parties concernées que la Belgique transposerait la directive 96/75 du Conseil des Communautés européennes dans la totalité de ses aspects, en ce compris le timing proposé". C'est ce qu'a répondu le ministre fédéral des Communications Michel Daerden à une question parlementaire de J. Van Eetvelt du CVP.

news on subscription
  • Draft restrictions set for Panama Canal
  • Mexico expects to complete its first airport concession sale by midyear
  • Antwerp wins approval to build box terminal
  • Heavy-truck makers on roll at end of 3rd-biggest year
  • Air France gets OK for China flights
  • Hong Kong seeks more equity in rail line
  • Daily tanker index planned
  • Reebok to ship through Rotterdam
  • Arrow links Houston with South America
  • South Korean tanker seized in Hawaii
  • Canadian truckers protest Customs border proposal
  • Merger of rival German ports seen as strength in unity
  • Shipowners urged to beat the deadline on safety management code compliance
  • Rail industry optimistic that 1998 will smooth out some road bumps

news on subscription
  • Filing opens North American questions
    The implications of yesterday’s filing of a space charter and sailing agreements by the three conference carriers in the north American trade, Australia-New Zealand Direct Line, Blue Star Line and Columbus line are still under discussion. As reported yesterday, the carriers have made the application with United States’ Federal Maritime Commission and will have to wait up to 45 days before receiving a ruling.
  • Asian freight rates slide on bulk trade
    Asia’s currency crisis has sent freight rates for the bulk commodity trade plummeting by as much as 20 per cent, with shipping sources forecasting that the trend will continue until at least the third quarter of this year.
    Shipping brokers say the combination of the high level of service on shipping routes between Australia and Asia and reduced demand for bulk commodities has driven freight rates down by around 8 per cent over the past few months.
  • Wellington terminal OK ‘premature’
    Reports from New Zealand this week that agreement has finally been reached on construction of a new ferry terminal at Wellington’s Glasgow Wharf, replacing the existing terminal, have been dismissed by the Port of Wellington and the Wellington City Council.
    Ken Harris, the port’s chief executive said that the port was still negotiating with (terminal user) Tranz Rail and was a long way off beginning construction.
  • Safe boating campaign
    In a campaign launched in Fremantle this week, recreational boat owners have been urged to exercise more care when approaching commercial shipping vessels.
    The safety campaign, which is being jointly run by the WA Department of Transport and the Fremantle Port Authority, features a video which shows the problems faced by ships’ masters and pilots in confined waters and the safety measures the owners of pleasure craft can take to prevent collisions.
  • Queensland Rail’s flood bill tops $3m
    The damage bill to rail-related infrastructure following the recent record floods in northern Queensland had reached $3 million, Queensland Rail said yesterday.
    Flood-ravaged northern Queensland continued its massive clean-up this week, as most vital transport links and services in the region around Townsville returned to normal.

news on subscription
  • Asian ills infect more players
    Japanese trading houses appear to be among the latest victims of the financial crisis plaguing Asia. Meanwhile, vessels in the sagging fleet of Halla Merchant Marine are up for grabs and even the mighty Hyundai is scrambling to relieve its debt load... eliminating the most likely saviour of the once-expansive Halla shipyard. In Indonesia, shipping companies linked to the faltering Suharto regime are putting on a brave face.
  • Greeks linked to VLCC orders
    NKK Corp in Japan is reportedly close to signing a USD 168m newbuilding deal for two VLCCs with a Greek shipowner.
  • Baltic truce leaves some still fuming
    A massive row inside the Baltic Exchange over its plans to launch a tanker freight futures index has simmered down, with the London Tanker Brokers Panel (LTBP) ending its opposition.
  • Bets placed on New York cruise project
    A new gambling-cruise operation about to be launched in New York by a group with strong links to Singapore-based Star Cruises reflects enthusiasm for a potentially lucrative market here rather than a souring on economically troubled Asia, a top executive tells TradeWinds.
  • B+H boosts fleet with Ceres ships
    B+H of the US is expanding its fleet of product/chemical tankers, reportedly purchasing four vessels from Ceres Hellenic Shipping of Greece for USD 42m en bloc.

›››File
FROM THE HOME PAGE
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
Signed the final agreement on the contract of port workers
Rome
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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