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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:24 GMT+1
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BRIEFS
March 27, 1998
Shipping Timesweb site
  • HK does not see any threat from regional ports
    HK port official confident that container volume will continue to grow
  • Austal sees potential in fast cargo ships
  • PSA sets up first overseas representative office in Dalian
  • S'pore signs port state control accord

  • Air fares in Asia-Pacific up slightly: survey
    Airlines are holding fares stable in local currencies despite Asian crisis
  • New Kuala Lumpur airport showcases flora and fauna
  • Canberra sells 4 more regional airports
  • Vietnam Airlines may cut services
  • EU's 1998 estimate of car demand up 2% from last year
  • Ford doubles M'sian market share

  • Creating win-win situations
    A company benefits from focusing on its core business, letting others handle activities such as movement of goods

  • Insurer held negligent and in breach of contract with yacht builder


Sched Netweb site
  • Hanjin cancels CAX-II service
  • Kuehne & Nagel maintains winning streak
  • MSC to offer new Europe/South America east coast service
  • Cut in cargo rates to tempt back trade
  • Singapore voted Asia's best seaport for 11th year
  • Indonesia builds harbour to relieve Tanjung Priok
  • Korean Air plans to launch Pakistan cargo flights
  • Indian airport to get cargo centre
  • Airlines risk losing lease planes
  • Carriers gear up for transfer

Cargowebweb site
MARCH 26, 1998
  • Port of Rotterdam and ECT Asian favorites
  • Sita/Equant delivers IP-network to United Airlines
  • Satellite used for reporting of tailbacks
  • Fear of expensive Rotterdam intermodal terminal
  • Fitness equipment shipper opts for LEP
  • Eindhoven Airport privatized

Cyber Shipping Guide - Ocean Commerceweb site
  • Dock strike looming ahead
  • South African box rates to be raised
  • New charge to be set on China/Mid East trade
  • Conference determined to carry out rate hike
  • Deutsche post plans to acquire 22.5% stake in DHL

World Wide Shipperweb site
  • Port of Olympia unveils anniversary kiosk
  • Crowley joins APL in space agreement
  • Port State Control pact inked
  • Hyundai making moves
  • Sea Containers 1997 earnings up from previous year's mark
  • P&O Nedlloyd adds express run from Europe to New Zealand
  • Nedlloyd sells art movers
  • Storms in Midwest hit rail numbers

Lloyd's Listweb site
  • Singapore yard giants to merge
    KEPPEL Shipyard and Hitachi Zosen Singapore, two of the 'Big Four' shiprepair yards in the Lion Republic, are to merge in a deal worth around Sing$265m ($163m).
  • Patrick goes on the attack after share suspension
    TRADING in Lang Corporation shares were temporarily suspended on the Australian Stock Exchange yesterday pending a statement from the company.
  • Bona unveils plans for change of tax residence
    BONA Shipholding has announced plans to change its tax residence before the end of 1999.
  • Port activities lift Hutchison group profits
    A STRONG performance from Hutchison Whampoa's ports helped the group to further profits progress in 1997.
  • Hampton Roads unrest
    THE Port of Hampton Roads, the US Atlantic coast's second-busiest shipping facility after New York, faces a strike by lorry operators who say that port delays are costing them money.
  • Canada summit backs action to make ships safe
    SUBSTANDARD ships can be driven from the seas if flag states fulfil their obligations to international safety standards and port states increase enforcement measures, writes Alan Daniels, Vancouver.
  • Vlasov lifts stake in MC Shipping
    THE Vlasov Group has lifted its stake in MC Shipping to almost 50% following the completion of a ships-for-shares and cash deal.
  • TSA to impose 'temporary surcharge'
    THE Transpacific Stabilisation Agreement (TSA) is to impose a "temporary peak season surcharge" of $100 per 40 ft container for all Asian origination cargo except Japan, writes Matthew Flynn, Hong Kong Correspondent.

Fairplayweb site
MARCH 26, 1998
  • Austal targets high-speed freight market
    AUSTRALIAN fast ferry builder Austal aims to break into the high-speed ocean freight market niche armed with a new series of conceptual designs.
  • Asia crisis will hit Clarksons' profits
    ASIA'S economic crisis will have an adverse impact on profits at Clarksons, the leading shipbroker.
  • Trans-Pacific carriers set new surcharges
    MEMBER lines of the Transpacific Stabilization Agreement (TSA) are to introduce three new freight surcharges.
  • Derbyshire report 'is just conjecture'
    THE UK/EC assessors report into the Derbyshire sinking is just conjecture, says Capt David Ramwell, an advisor to the Derbyshire Families Association.
  • Sjaastad elected NSA chairman
    BJORN Sjaastad, md of the Bergen-based chemical carrier group Odfjell, has been elected the new chairman of the Norwegian Shipowners' Association.
  • Loki shareholders approve convertible bond
    AN extraordinary shareholders' meeting of the Norwegian shipping investment company Loki has approved the board's plan to issue a convertible bond.
  • Bunker sales hit by South Korea's woes
    BUNKER sales volumes out of South Korea have taken a battering as a result of Asia's current economic crisis.
  • Intertanko chief calls for zero tolerance
    SHIPPING has been too tolerant of sub-standard owners for too long, according to Intertanko chairman Richard du Moulin.
  • V ships and Radisson form joint venture
    MONTE Carlo-based V Ships has formed a joint venture with Fort Lauderdale-based Radisson Seven Seas Cruises covering the marketing and operation of a new 490-passenger cruise ship.
  • USCG to propose automated information system
    US COAST Guard is to put forward a proposal for a ship automated information system (AIS) at the IMO navigation sub-committee meeting this summer.
  • Bank forecloses on Madrigal vessel
    MANILA-based Far East Bank and Trust has initiated a foreclosure proceeding on the Panamanian-flag reefer vessel Alicia.
  • CSL to rebuild self-unloaders
    CANADA Steamships Line (CSL) will spend C$100m ($70m) during the next three years to have new forebodies built for three of its Great Lakes self-unloaders.
  • Merged MOU reaffirms commitment to safety
    THE first ever merged meeting of the Paris and Tokyo MOUs concluded with a commitment to to the IMO and to improved training of port state control personnel.
  • SCT orders post-panamax cranes
    SHEKOU Container Terminals (SCT) in southern China has placed a $10m order for two post-panamax cranes.

Antwerpse Lloyd n.v.web site
  • Cologne propose de devenir un hub d'hinterland d'Anvers
    Selon l'oberburgermeister Burger de Cologne, sa ville dispose des atouts nécessaires pour jouer le rôle de hub d'hinterland du port d'Anvers. C'est ce qu'il a déclaré à l'occasion de la visite de la délégation du port scaldien dans la cité rhénane. Il a apporté son soutien au Rhin d'Acier, mais y couple une condition.
  • MSC prépare la desserte directe des Caraïbes et du Mexique
    Il y a quelques jours, l'armement Mediterranean Shipping Cy (MSC) a procédé à l'acquisition auprès de Hyundai de quatre porte-containers de 3.000 TEU, dont la direction évalue pour l'instant les possibilités d'affectation. Cet exercice est d'autant plus nécessaire que l'armement projette à très court terme le lancement de nouveaux services containérisés au départ de l'Europe du Nord.
  • Corneel Geerts en groupage sur le Caucase
    Le groupe de transport Corneel Geerts, qui est actif sur le marché géorgien via la joint-venture CG East depuisla fin 1996, a l'intention de lancer un service de groupage bimestriel sur cette destination à partir de la première semaine d'avril. L'entreprise se dit très satisfaite des résultats de sa filiale à Tbilisi.
  • Azimut Services confie sa manutention à la Noord Natie
    L'entreprise anversoise de groupage Azimut Services confiera le traitement de ses containers au complexe de la Noord-Natie dans la zone logistique de Berendrecht (Haven 650) à partir du premier avril prochain. Outre cette opération, Azimut a également l'intention de développer et approfondir son éventail mondial de services. Ces nouvelles initiatives illustrent la percée d'une entreprise anversoise dont les observateurs prétendaient à sa création il y a deux ans qu'elle n'avait aucune chance de réussir. C'est ce que nous ont confié l'administrateur délégué Patrick Wouters et le directeur-général Daniel Welleman.

Daily Commercial Newsweb site
  • UDL confirms Rotorua departure
    Intense competition and depressed rates were yesterday blamed for the removal of Union Rotorua, one of the three roll-on roll-off ships operated on the trans-Tasman trade.
    Australia New Zealand Direct Line announced that it will not be renewing the charter on the vessel, previously used on the dedicated Australian service under the Union Direct Line brand name.
    The company intends to operate a streamlined two ship service bolstered by feeders through the hub port of Wellington.
  • Patrick denies 'deliberate collapse'
    Patrick yesterday strenuously denied Maritime Union of Australia claims that the stevedore was deliberately engineering its own collapse in order to sell the company without the workforce.
    Patrick director Bill Clayton described the scenario as nonsense, saying he had spent considerable time at teach meeting with the union stressing to its leaders the serious harm which was inflicted on the company by the union actions.
  • Four more airports sold
    The federal government yesterday announced the identities of its preferred purchasers of four more airports under the second phase of its airport sales program.
    The Ministers for Transport and Finance Mark Vaile and John Fahey said the sale of the remaining 'phase 2' airports - Archerfield in Queensland, Essendon in Victoria, Darwin and Tennant Creek - were expected to be finalised by 30 June this year following the participation of interested consortia in a limited re-bid process.
  • AMC 'launches' new simulator
    The Australian Maritime College's $4.5 million integrated marine simulator will be commissioned by Federal Minister for Employment Education Training and Youth Affairs Warwick Smith in Launceston tomorrow.
    The facility comprises a ship handling and ship operations simulator which, according to the college, can provide diagnostic training over a few days equivalent to years of "hands on" experience.
  • Beaufort under further attack
    Australian Peak Shippers Association executive president Frank Beaufort has come under further attack for recommending shippers avoid stevedore Patrick during the company's protracted dispute with the Maritime Union of Australia.
    After harsh criticism from Workplace Relations Minister Peter Reith, Mr Beaufort's views have also been slammed by the Australian Chamber of Shipping, the Australian Chamber of Commerce and Industry and the Western Australian Shippers council.

The Journal of Commerceweb site
  • Gramm bill would speed up Mexico crossings
  • Add APL's name to list entering north-south trade
  • Hong Kong is starting to lose business to smaller competitors in Southern China
  • Surface Transportation Board will get an earful at 2-day hearing on rail rates
  • Consolidators keep seeking changes in ship bill

  • Pacific carriers impose surcharge
  • Shippers and transporters slow to prepare for euro, report suggests
  • MISC raises concerns about results this year
  • India to upgrade rail cargo moves
  • Spain's Iberia averts pilot strike at 11th hour
  • DCL offers service from Puerto Rico; taps PRFS as sales and handling agent
  • Port of Seattle again delays meet on rebate for Cargill
  • Philadelphia set record for cargo in 1997
  • Fee cut seen as little help to Santos
  • Settlement repairs internal labor rift
  • CN plans to issue $1.8 billion in new debt to cover merger
  • US-Japan air accord to benefit shippers
  • James Hagen takes interim post as chief of US railroad association
  • Preussag AG: Hapag-Lloyd a perfect fit
  • Small terminal operator expands in Manila
  • Asia ship sector to suffer effects of 'flu,' experts say
  • Former Bay State Gov. Ed King steered Massport through tough competitive times


TradeWindsweb site
  • Chemical clouds
    ASIA'S economic turmoil has left the region's chemical tanker operators facing a crisis of their own. The confidence brought about by years of growth has evaporated as consumers duck for cover.Owners who invested heavily in newbuildings are now having to cope with loss-making rates just as a surge of new tonnage floods on to the market.TradeWinds takes an extensive look at the region's trade and players.On the other side of the world, there is at least one chemical tanker operator who feels bullish enough to order newbuildings.
  • Intercargo swings axe
    DRY CARGO owners' organisation Intercargo is facing financial trouble, forcing it to slim down headquarters staff. The cutbacks comes as some owners may be having second thoughts about their continuing membership.
  • Punchbag Peraticos
    DOYEN SHIPOWNER Michael Peraticos is facing fresh trouble over his involvement with the Elefsis shipyard with banks connected to the Greek government demanding $40m. There are claims political motives are at work.
  • Air-to-sea missile
    CREDITORS of the Black Sea Shipping Company are planning to put pressure on the Ukrainian government by threatening to arrest an aircraft.
  • Building frenzy
    WHAT IS GOING on in Chinese shipbuilding? The country has never won an order to build a VLCC, but yet another scheme to build a giant dock is being planned.
  • Scrapper's long march
    CHINESE shipbreaking is on the verge of a revival. But will it regain its former glory of the early '90s when it was the world's largest shipbreaker?

›››File
FROM THE HOME PAGE
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
PORTS
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.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
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
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
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
ENVIRONMENT
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
COMPANIES
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
PORTS
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
INDUSTRY
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
PORTS
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.
COMPETITION
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
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
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.
ENVIRONMENT
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
LOGISTICS
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%
SHIPPING
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%
PORTS
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
SHIPPING
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
SHIPPING
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.
PORTS
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
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
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.
EDUCATION
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
MEETINGS
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"
MOURNING
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
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
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
SHIPPING
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
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
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
PORTS
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%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
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.
LOGISTICS
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.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
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
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
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
PORTS
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
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
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
SHIPYARDS
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
SHIPPING
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
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
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
PORTS
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
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