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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
January 24, 1998
free news
  • Maersk Line offers new direct US Gulf - West Africa
  • Hutchison puts hold on Subic Bay development
  • Brazilian port shuttle sees rapid expansion
  • FMC lays out strategy
  • Italian shipping lines attract plenty of attention
  • Japan and America due to reach aviation agreement
  • SAS-Finnair rivalry in Europe moves up a notch
  • Macau Airport not affected by currency crisis
  • Boeing and Airbus in battle for Air India order

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Cargowebweb site
JANUARY 23, 1998
  • Container transhipment Bremen and Hamburg under one roof
  • Zeebrugge and Bremerhaven fastest growers in 1997 container transhipment
  • Philips joins in with AEI and Emery
  • Problems with visas in Eastern Europe
  • TNT builds European hub
  • Daewoo possibly to Amsterdam Airport; LG-Electronics is already coming

free news
  • TWRA heading for individual contracting
  • US-Asia box traffic dips in November
  • OOCL/Canmar service shifts to Thamesport
  • Transroll mulls over four 3,800-TEU newbuildings
  • Antwerp gets nod for expansion project
  • Air France granted for China flights

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  • Munich Re creates new German giant
    MUNICH RE, the world's largest reinsurer, has created a new major primary insurance group in Germany with a Dm21bn ($7.5bn) premium income.
  • Probe into shipyard deaths blaze begins
    INVESTIGATORS yesterday began scouring the wreckage of a chemical carrier at Union Naval de Levante's Valencia shipyard for clues to the cause of Spain's worst shipbuilding disaster.
  • Spill clean-up near complete in Tokyo Bay
    JAPAN'S Maritime Safety Agency said yesterday that it expected to complete recovery of crude oil discharged in Wednesday's Tokyo Bay tanker spill by the end of the day.
  • In brief
    Angerstein scheme for names.
  • Crowley and APL 'in Transroll deal'
    BRAZILIAN shipping line Transroll Navegacao is close to entering a new alliance with American partners Crowley and American President Lines, according to reliable sources in Buenos Aires.
  • Samsung all set to win BP VLCC order
    SAMSUNG Heavy Industries has emerged as the leading contender to secure British Petroleum's long-awaited order for new VLCC tonnage.
  • South American hub race hots up
    TEN big ports are vying for dominance of the vast containership market serving South America, where box throughput has soared to 3.5m teu annually.
  • Brazil sets up second ship register
    THE Brazilian Congress and President Fernando Henrique Cardoso has finally passed into law the country's special second register which will greatly reduce costs for shipowners.
  • 'Kovambo' refit completed
    RICKMERS-Lloyd Dockbetrieb at Bremerhaven has completed the lengthening, widening and rebuilding of the former Russian diving support vessel Sprut, now known as Kovambo.

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Fairplayweb site
JANUARY 23, 1998
  • Shipmanager slams Beirut for lax security
    ROTTERDAM-based shipmanager Oost Atlantic Lijn slammed Beirut for poor port security and possible collusion following the discovery last week of eight Iraqi stowaways.
  • HK cargo owners get day in Chinese court
    HONG Kong companies that had goods worth HK$20m ($2.6m) seized from a ship by Chinese authorities will be able to put their case before a mainland court.
  • KMY 'to win $2bn cruiseship orders'
    KVÆRNER Masa-Yards is expected to win orders from up to five major cruiseships with a total value of about $2bn.
  • Storli calls egm to rename company
    THE board of the Norwegian chemical carriers group Storli has called an extraordinary shareholders' meeting for February 9 with the intention to change the company's name.
  • New offshore operator set up
    A NEWLY established supply ship operator, North Sea Supply, is planning to raise Nkr300m ($29m) through a share issue and seek a listing on the Oslo stock exchange.
  • N&T pulls out of ferry operations
    NORDSTRÖM & Thulin has sold its 50 per cent stake in the EstLine ferry company to Estonian Shipping Company.
  • Bristol aims to be No 1 for car imports
    BRISTOL is planning to become the UK's largest port for car imports next year.
  • OOCL re-enters the Mediterranean
    HONG-Kong liner operator OOCL is re-entering the Mediterranean-Asia trade for the first time since 1990.
  • Paradip to build drydocks
    BCC Shipping and Shipbuilding is to construct two floating dry docks and one graving dock in Paradip port on India's east coast.
  • Philippine owners seek bunker price protection
    DOMESTIC lines in the Philippines have asked the government to shield them from price increases in bunker fuel and to reduce costs in operations.
  • Setbacks for Flare investigators
    CANADIAN accident investigators have suffered a setback in efforts to determine the cause of the sinking of the Cyprus-registered, Greek-owned bulk carrier Flare.
  • Wilhelmsen to order new ro-ro design
    WILHELMSEN Lines, the Oslo based ro-ro specialist, is about to order up to three ships of a new design.
  • New US-Mexico rail-barge link announced
    INTERNATIONAL Trade and Transport (ITT) and the Port of Galveston have announced plans for the development of a new roro rail barge service
  • PSA Corp takes over Genoa terminal
    SINGAPORE'S PSA Corporation has taken a majority stake in Sinport, which controls the Voltri Terminal Europa in Genoa.

news on subscription
  • FedEx's next China stop: strategic Shenzhen region
  • Cathay slashing staff after 1-2 punch
  • Passenger tax hike touted at air parley
  • German ports hope to offset Asia damage
  • Con-Way subsidiary expands in Northeast
  • Low debt could inoculate East Europe against flu
  • Leo Brien foundation established
  • Taiwan, China forge Russian shipping links
  • Universal serial bus is a bust for anybody who can't figure it out
  • The Texas port plans, with a local venture firm, to bring back the alternative shipping service that was sunk when BN and Atchison, Topeka & Santa Fe merged. With the crunch at the land border, the time seems ripe for the . . .

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  • After more than two years of contentious negotiations, the United Parcel Service and the Independent Pilots Associations struck a "handshake" agreement. Terms of the deal were not disclosed, but it is expected to mirror competitor FedEx's recent deal with its pilot group. UPS and the IPA held a joint press conference bestowing praise on one another for coming to an agreement after just six days of negotiations. Most of the detail work was done last summer, but the two groups stood far apart on the issue of pay.
  • Depending on whom you talk to, the Harbor Maintenance Tax is either hurting the United States economy or is a vital funding mechanism for the national intermodal system. The National Industrial Transportation League says the tax is unconstitutional, while the state of Oregon argues that the fee allows ports around the country to serve shippers, providing options that might otherwise not be available. The disparate views were among those submitted to the Supreme Court in preparation for a March 4 hearing on the constitutionality of the 11-year-old tax.
  • As ship lines continue to merge like crazy, competition is heating up. 1998 is turning out to be a far cry from the quiet seas of 1997. Hanjin is out of the Trans-Atlantic Conference in order to drop its rates. Newcomer Cosco is as competitive as any line out there. As rates drop, shippers are benefiting from the carrier infighting. Carriers on the other hand are worrying that competitors are acting too fast and losing sight of their responsibility.
  • The threat of overcapacity in the trucking industry was raised by a Salomon Smith Barney forecast of record Class 8 truck sales. The truckload sector was estimated to increase capacity by 11.2 percent, according to the forecast. Other analysts downplayed the prediction of overcapacity, saying increased competition would keep market forces firm.
  • The currency meltdown in Asia is causing airlines to look at cargo and the U.S. market as a potential savior. Cathay Pacific, which has laid off hundreds of people and is flying nearly empty planes around Asia, expects big things from the cargo division. Korean Air, which sold six of its aircraft and has three more on the block this year, has canceled some frequencies but expects to be able to ride out the storm. Shippers and freight forwarders, meanwhile, are benefiting from bargain-basement rates to Asia.
  • The United Transportation Union followed up its bid to force a vote by train crew members that likely would lead to the elimination of one rail union by breaking ranks with the rest of rail labor to forge an agreement with Norfolk Southern and CSX to support their takeover of Conrail in exchange for enhanced protection for its members. The UTU agreement is similar to one forged, along with the Brotherhood of Locomotive Engineers, with Union Pacific in 1996, but it differs from the UP accord in one significant aspect: it calls upon the union to use its best efforts to negotiate implementing agreements even before the Surface Transportation Board graces the carve-up of Conrail by NS and CSX.
  • Brazil is hoping this year will bring an end to all the promises and real infrastructure changes will be made in place of political lip service. Trade is booming between the U.S. and Brazil and it struck so forcefully and quickly that the government had no time to make the changes to ports, railroads and airports it had promised. The problem is everyone wants it done yesterday and local governments are now trying to step in and take over. Without a cohesive plan, the country could end up in an even bigger mess.
  • The nation's biggest shipper - the Department of Defense - plans to introduce a new standardized distance-calculation system that will affect how the DOD handles rating and payment issues with hundreds of munitions, household-goods and general commodity motor carriers. Although its goal is greater efficiency and lower costs, the DOD's plans have some companies and groups that supply mileage data to shippers and carriers up in arms. Major combatants in this showdown: ALK Associates vs. the Household Goods Carriers Bureau and Rand McNally-TDM.
  • Asia's currency woes have been slow to reach U.S. shores but firms are bracing themselves for what could be an unpleasant surprise. Some shippers report freight rates haven't yet caught up with the currency devaluations giving them an edge. Others say they haven't seen much change at all. Asia's currency devaluations got under way in July when Thailand's currency depreciated 17 percent relative to the dollar. The plunge spread quickly to other countries in the region, setting off speculation among economists that Asia will look to higher exports to pull it out of its slump.

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
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