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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:15 GMT+1
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BRIEFS
December 29, 1998
Shipping Timesweb site
Shipping News
  • US-Asia trade imbalance set to worsen next year
    No improvement on trans-Pacific trade expected till end of 1999
  • China shipping firms told to buy locally-built vessels
  • Japan shipbuilders losing out to Koreans due to rising yen
  • Chu Kong in two joint ventures
Air and Land Transport
  • Airlines suffer big losses due to New Delhi fog
    Flights cancelled, hundreds of passengers stranded at Delhi airport
  • US praises security at HK's new intern'l airport
  • Haneda airport hits 50m passenger mark
  • Dragonair's passenger traffic down 9.5%
  • Nissan's Indon subsidiary stops operations
  • A white knight for Volvo?
  • European airlines' passenger traffic up 7.1% in Nov
  • Ford signs US$78m deal with Philippine suppliers
Features
  • Complacency is worst enemy
    Security has improved since Pan Am 103 blew up over Lockerbie 10 years ago but passengers are still at risk
Columns
  • A topsy-turvy year for Asian carriers and shippers

Shipping Timesweb site
Shipping News
  • US-Asia trade imbalance set to worsen next year
    No improvement on trans-Pacific trade expected till end of 1999
  • China shipping firms told to buy locally-built vessels
  • Japan shipbuilders losing out to Koreans due to rising yen
  • Chu Kong in two joint ventures
Air and Land Transport
  • Airlines suffer big losses due to New Delhi fog
    Flights cancelled, hundreds of passengers stranded at Delhi airport
  • US praises security at HK's new intern'l airport
  • Haneda airport hits 50m passenger mark
  • Dragonair's passenger traffic down 9.5%
  • Nissan's Indon subsidiary stops operations
  • A white knight for Volvo?
  • European airlines' passenger traffic up 7.1% in Nov
  • Ford signs US$78m deal with Philippine suppliers
Features
  • Complacency is worst enemy
    Security has improved since Pan Am 103 blew up over Lockerbie 10 years ago but passengers are still at risk
Columns
  • A topsy-turvy year for Asian carriers and shippers

Shipping Timesweb site
Shipping News
  • US-Asia trade imbalance set to worsen next year
    No improvement on trans-Pacific trade expected till end of 1999
  • China shipping firms told to buy locally-built vessels
  • Japan shipbuilders losing out to Koreans due to rising yen
  • Chu Kong in two joint ventures
Air and Land Transport
  • Airlines suffer big losses due to New Delhi fog
    Flights cancelled, hundreds of passengers stranded at Delhi airport
  • US praises security at HK's new intern'l airport
  • Haneda airport hits 50m passenger mark
  • Dragonair's passenger traffic down 9.5%
  • Nissan's Indon subsidiary stops operations
  • A white knight for Volvo?
  • European airlines' passenger traffic up 7.1% in Nov
  • Ford signs US$78m deal with Philippine suppliers
Features
  • Complacency is worst enemy
    Security has improved since Pan Am 103 blew up over Lockerbie 10 years ago but passengers are still at risk
Columns
  • A topsy-turvy year for Asian carriers and shippers

Shipping Timesweb site
Shipping News
  • US-Asia trade imbalance set to worsen next year
    No improvement on trans-Pacific trade expected till end of 1999
  • China shipping firms told to buy locally-built vessels
  • Japan shipbuilders losing out to Koreans due to rising yen
  • Chu Kong in two joint ventures
Air and Land Transport
  • Airlines suffer big losses due to New Delhi fog
    Flights cancelled, hundreds of passengers stranded at Delhi airport
  • US praises security at HK's new intern'l airport
  • Haneda airport hits 50m passenger mark
  • Dragonair's passenger traffic down 9.5%
  • Nissan's Indon subsidiary stops operations
  • A white knight for Volvo?
  • European airlines' passenger traffic up 7.1% in Nov
  • Ford signs US$78m deal with Philippine suppliers
Features
  • Complacency is worst enemy
    Security has improved since Pan Am 103 blew up over Lockerbie 10 years ago but passengers are still at risk
Columns
  • A topsy-turvy year for Asian carriers and shippers

Sched Netweb site
  • Sinokor diversifies China route
  • Two more 5,000 TEU newbuildings for OOCL
  • Anera to restore rates on Southeast Asian freight
  • MPA Dockmaster's Scheme extended
  • New Middle East port facilities offer alternative
  • ZIM gets priority at Pusan and Kwangyang

Cargowebweb site
DECEMBER 28, 1998
  • Zeeland Seaports: competitive relations can hardly be regulated

The Journal of Commerceweb site
Home
  • Farm trade fears another EPA proposal
  • US air cargo executives had fretful year
  • Canada and US: history of bickering
  • Commercial insurers log on to catch up
  • West Coast ports braced to be bugged
  • Two missing in Texas ship fire
  • Fritz Cos. moves into Portugal
  • India's Madra port chooses Siemens AG to build liquid gas terminal
  • Volume of Japanese domestic cargo transport to fall 5.1%
  • Nepal and South Korea sign aviation pact
  • Taiwan-China trade slides 5.7 percent through January-October
Transportation
  • German/Dutch group in rail anti-trust fight
  • German truckers blast European toll hikes
  • Modest increase in index
Maritime
  • NCBFAA asks FMC to designate forwarders as shippers
  • China orders its carriers to purchase domestic vessels
  • Job cuts fuel workers' anxiety as Panama Canal transfer nears

The Journal of Commerceweb site
Home
  • Farm trade fears another EPA proposal
  • US air cargo executives had fretful year
  • Canada and US: history of bickering
  • Commercial insurers log on to catch up
  • West Coast ports braced to be bugged
  • Two missing in Texas ship fire
  • Fritz Cos. moves into Portugal
  • India's Madra port chooses Siemens AG to build liquid gas terminal
  • Volume of Japanese domestic cargo transport to fall 5.1%
  • Nepal and South Korea sign aviation pact
  • Taiwan-China trade slides 5.7 percent through January-October
Transportation
  • German/Dutch group in rail anti-trust fight
  • German truckers blast European toll hikes
  • Modest increase in index
Maritime
  • NCBFAA asks FMC to designate forwarders as shippers
  • China orders its carriers to purchase domestic vessels
  • Job cuts fuel workers' anxiety as Panama Canal transfer nears

The Journal of Commerceweb site
Home
  • Farm trade fears another EPA proposal
  • US air cargo executives had fretful year
  • Canada and US: history of bickering
  • Commercial insurers log on to catch up
  • West Coast ports braced to be bugged
  • Two missing in Texas ship fire
  • Fritz Cos. moves into Portugal
  • India's Madra port chooses Siemens AG to build liquid gas terminal
  • Volume of Japanese domestic cargo transport to fall 5.1%
  • Nepal and South Korea sign aviation pact
  • Taiwan-China trade slides 5.7 percent through January-October
Transportation
  • German/Dutch group in rail anti-trust fight
  • German truckers blast European toll hikes
  • Modest increase in index
Maritime
  • NCBFAA asks FMC to designate forwarders as shippers
  • China orders its carriers to purchase domestic vessels
  • Job cuts fuel workers' anxiety as Panama Canal transfer nears

Exim Indiaweb site
  • Buoyant Hyundai spreads its wings to Australia
  • Synthetic fabric exporters aim to consolidate Saudi market
  • Ficci lists tie-up areas with Lanka
  • Textile policy report in 3 months likely
  • US to slap stiff dumping duty on Indian mushrooms
  • Lower Customs duty on textile machinery import proposed
  • Govt-to-govt deals on expressways ruled out
  • Gold imports may exceed $ 7 billion in 1998-99
  • Kar Vivadh Samadhan Scheme: I-T Department clarifies
  • US may import Indian shrimp but without time-frame
  • Co-ops allowed to import higher grade silks
  • People & Placements

Marine Logweb site
  • Two U.S. shipbuilding associations merge
    The merger of the National Shipyard Association (NSA) and the Shipbuilders Council of America (SCA) is now official.
  • Second Bingo hull handed over to Friede Goldman
    Ocean Rigs ASA reports that the bare-deck hull for the Bingo 9000-2 deepwater semi-submersible drilling rig was handed over to Friede Goldman Offshore (FGO) in Pascagoula, Miss.
  • Chinese officials believe Japanese and Koreans will be forced to raise newbuilding prices
    Chinese yards have been hurt by the low prices currently being quoted by Japan and South Korea. But Chinese officials believe that, with problems caused by exchange rates mounting, the two countries' shipbuilders will have no choice but to end their low price tactics.

Lloyd's Listweb site
  • Uruguay in crisis over port sell-off
    URUGUAY'S port privatisation drama will hit fever pitch tomorrow when the parliament's investigative commission presents its findings into the Montevideo container terminal concession - a report which is expected to criticise the process on several accounts.
  • Tasman yacht race claims six lives
    AUSTRALIAN rescuers yesterday gave up hope of finding British Olympic yachtsman Glyn Charles, one of six sailors believed dead or missing after competitors in the Sydney-Hobart race ran into the worst storms in the event's 54-year history.
  • US go-ahead for Russian food cargoes
    WASHINGTON and Moscow have finally signed two agreements under which the US, beginning in January, will send a total of 3m tonnes of grains, meats, oilseeds, and dry milk to Russia in a deal valued at $830m.
  • Bolivia signs deal for rail technical assistance
    THE US and Bolivia have signed a "technical assistance partnership" under which Washington will provide Bolivian rail interests with US state-of-the-art technology for the Aiquile-Santa Cruz rail freight link, writes our Washington Correspondent.
  • German firm orders Finnish lakes ship
    A NEW class of shortsea cargo vessel optimised for trade into the Saimaa Canal and the southeastern Finnish lake system has been ordered by a German shipowner.
  • Lisnave bid to add Dakar to African assets
    LISNAVE International is set to acquire a shiprepair interest in a third African country.
  • P&I clubs showing 'tangible differences'
    A "tangible difference in approach" is emerging between P&I clubs continuing to strive to achieve balance in their technical underwriting and clubs happy to use more investment income to subsidise substantial technical deficits, according to Sedgwick Global P&I and J&H Marsh & McLennan's marine and energy division.
  • US shippers in reform warning
    NEWLY proposed regulations to implement service contract provisions of the recently-enacted US Ocean Shipping Reform Act 1998 may bind the industry in an "administrative straitjacket", the National Industrial Transportation League has warned.

Antwerpse Lloyd n.v.web site
  • P&ONL alignera encore cinq PC de 5.000 TEU d'ici 2000
    Récemment, l'armement P&ONL procédait à Marseille au baptême du porte-containers "P&O Nedlloyd Marseille", une unité de 2.900 TEU. Il s'agissait du dernier PC d'une série de cinq, les quatre précédents ayant été réceptionnés dans le courant de l'année. Cette unité a rejoint les douze autres PC identiques qui opèrent sur la route entre l'Europe et l'Australie/Nouvelle-Zélande, service assuré en coopération avec Contship, qui aligne six unités.
  • Inter Ferry Boats va participer à la gestion d'un terminal fret près d'Ashford
    C'est en principe en 2006 que la nouvelle ligne à grande vitesse, entre la sortie britannique du tunnel sous la Manche et la gare londonienne de St Pancras, sera (enfin) opérationnelle. Il ne faudra pas attendre aussi longtemps pour qu'un nouveau terminal marchandises, tant pour le transport conventionnel que combiné rail/route, le soit à Ashford, dans le Kent, à l'initiative d'Eurotunnel et d'Inter Ferry Boats.
  • Les services ferry restent le pilier principal du trafic portuaire ostendais
    En dépit d'une baisse de 5% à 2,4 millions de tonnes, le trafic ferry reste le pilier principal du trafic portuaire à Ostende.Dans le port côtier belge, on s'attend à pouvoir compenser à brève échéance les évolutions négatives dans ce secteur grâce à de nouvelles initiatives. Le secteur des diverses s'est inscrit cette année en hausse de 7% à 1,365 mio. de t.
  • CP Ships: d'autres acquisitions en 99?
    Prenant la parole récemment à Londres, Ray Miles, le CEO du groupe CP Ships, a confirmé que son groupe était toujours en quête de nouvelles "opportunités". "Nous regardons toujours autour de nous, mais il n'est pas dans notre politique de faire des commentaires à ce sujet", a-t-il dit.

›››File
FROM THE HOME PAGE
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.
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
SHIPPING
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
PORTS
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%)
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
COMPANIES
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
COMPANIES
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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