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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
April 14, 1999
Shipping Timesweb site
Shipping News
  • Korean shippers join Asian protests against rate hikes
    Transpacific group's plan to raise rates from May 1 has also attracted attention of US regulators
  • Kvaerner to sell shipbuilding unit in bid to slash debt
  • APL to handle logistics for GM's Thai plant
  • 4 bids for Indon port operator
  • Australian dock union sees wage pact with P&O soon
  • Philippine lines hurt by lower volumes, peso's fall
Air and Land Transport
  • Oneworld members aim to strengthen cooperation in region
    Global airline group launched last week amid intense competition, economicdownturn
  • Boeing expects to slash costs of plane production
  • Higher turnout forecast despite economic downturn
  • Bankrupt Kiwi airline's appeal delayed
  • JAL doubles flights to Indonesia
Columns
  • Tanker design is no easy task

Shipping Timesweb site
Shipping News
  • Korean shippers join Asian protests against rate hikes
    Transpacific group's plan to raise rates from May 1 has also attracted attention of US regulators
  • Kvaerner to sell shipbuilding unit in bid to slash debt
  • APL to handle logistics for GM's Thai plant
  • 4 bids for Indon port operator
  • Australian dock union sees wage pact with P&O soon
  • Philippine lines hurt by lower volumes, peso's fall
Air and Land Transport
  • Oneworld members aim to strengthen cooperation in region
    Global airline group launched last week amid intense competition, economicdownturn
  • Boeing expects to slash costs of plane production
  • Higher turnout forecast despite economic downturn
  • Bankrupt Kiwi airline's appeal delayed
  • JAL doubles flights to Indonesia
Columns
  • Tanker design is no easy task

Shipping Timesweb site
Shipping News
  • Korean shippers join Asian protests against rate hikes
    Transpacific group's plan to raise rates from May 1 has also attracted attention of US regulators
  • Kvaerner to sell shipbuilding unit in bid to slash debt
  • APL to handle logistics for GM's Thai plant
  • 4 bids for Indon port operator
  • Australian dock union sees wage pact with P&O soon
  • Philippine lines hurt by lower volumes, peso's fall
Air and Land Transport
  • Oneworld members aim to strengthen cooperation in region
    Global airline group launched last week amid intense competition, economicdownturn
  • Boeing expects to slash costs of plane production
  • Higher turnout forecast despite economic downturn
  • Bankrupt Kiwi airline's appeal delayed
  • JAL doubles flights to Indonesia
Columns
  • Tanker design is no easy task

Sched Netweb site
  • Yokohama port lures business
  • Increasing cargo volume at Kwang Yang port
  • Chennai tenders may be limited
  • China and Canada aiming to develop closer ties
  • Singapore wins two international cruise awards
  • Task force bonus
  • TACA replacement delayed
  • Ensenada enters service
  • Safety tests await China's ground-effect aircraft
  • Big deal for Boeing
  • Emirates scoops awards
  • Shenyang airport expansion

Cargowebweb site
APRIL 13, 1999
  • Again shipping service on the Internet
  • Kühne to buy 30 percent of Viag shares
  • Berndsen defends himself against criticism of sale
  • Hudig expands at Distripark Eemhaven
  • Tears for killing of small creatures

Exim Indiaweb site
APRIL 13, 1999
  • Steps on to improve cargo handling
  • FedEx carries off top awards
  • Move to revive Kochi ICE
  • PSA's Aden Container Terminal receives first vessels
  • Rlys to issue global tender for laying optic fibre cables
  • Inflation tops 5 pc
  • 2 more berths at Mundra port likely by June
  • Exim Bank given more leeway in overseas ventures
  • Revenue loss feared in zero-duty EPCG scheme
  • EICA cuts fees to lure more to futures trading
  • DEPB scheme to go in 2 years, says DGFT
  • Finance panel endorses tax rationalisation measures
  • 1 lakh tonnes of surplus steel in 1999-2000 seen
  • Used machinery import curbs to help local industry
  • Pakistan decides to accord India MFN status in 2000
  • Port of Pipavav An integrated hub in the making

The Bunker Bulletinweb site
APRIL 13, 1999
  • Oil spill avoided in Gulf of Finland
  • Taiwan posted prices changed today
  • Philippine refinery threatened with closure
  • NATO strikes out Yugoslavia's main refinery
  • Russia close to creating national oil major

Lloyd's Listweb site
  • Kvaerner quits shipbuilding and puts 13 yards up for sale
    Kvaerner, the embattled Anglo-Norwegian engineering group, yesterday said it would quit shipbuilding as part of a dramatic restructuring which will see it shed 25,000 staff in a bid to return to profitability.
  • Battered oil and gas unit in for major rejig
    Kvaerner also announced far-reaching plans to radically restructure its oil and gas business, which took a battering last year along with almost every company operating in the sector, writes Helen Carr.
  • MarAd loan guarantee for US luxury shipbuilding deal
    THE US Maritime Administration has approved government-guaranteed financing for its largest shipbuilding project, two 1,900-passenger luxury vessels being built for American Classic Cruises' Project America at a total actual cost of $1.233bn.
  • Newport News sees first quarter net profits rise
    NEWPORT News Shipbuilding - which on Monday entered the second week of what looks set to be a long strike by production workers - has pleased analysts with first quarter net profits of $18m ($0.50 per share), up 12.5% on the year earlier earnings of $16m ($0.44 per share), writes Joel Glass, Washington Correspondent.
  • Will last major UK merchant yard be sunk by tide of market forces?
    Rise and fall of Kvaerner's Govan yard on Clydeside, the last major merchant shipbuilding yard on the UK mainland.
  • Masa-Yards hit by Kvaerner decision
    In industry terms the most significant casualty of Kvaerner's decision to quit shipbuilding is Kvaerner Masa-Yards, the Finnish shipbuilder which is a major player - arguably the major player - in the building of cruiseships.
  • Slave labour claim fires Manx anger
    SHIP managers in the Isle of Man have hit back at union claims that they are employing "slave labour from the third world" on board their ships.
  • Galle set for transhipment master plan
    ENGLISH port consultant Posford Duvivier of Peterborough is all set to proceed with the feasibility study for setting up a transhipment port in Galle, on the southernmost tip of Sri Lanka.

Fairplayweb site
APRIL 13, 1999
  • Kværner is to quit shipbuilding
  • Burmese man convicted of maritime fraud
  • Stowaways found dead on reefer ship
  • Jacobs takes over at NOL
  • SA ports should fetch A$500m say analysts
  • Höegh may buy other half of Unicool
  • Philippine call for action on oil spills
  • Trans-Atlantic carriers shelve NAA
  • Tuticorin operational by year-end
  • MSC launches trans-Pacific service
  • Sri Lankan tug assists stricken cargoship
  • Colombo signs peace deal with union

The Journal of Commerceweb site
Home
  • Governors continue snit over port bid
  • Kvaerner to quit shipbuilding; US yard in doubt
  • Southern California ports increase market share over northern rivals
  • American officials find 'no trace' of Russian boycott of US products
  • Circle International signs alliance agreement with Israel's Cargo-Amerford
  • Emery Worldwide opens logistics center in Australia
  • Danube River shippers paying a high price for NATO airstrikes
  • Fine Air completes acquisition of Arrow Air
  • Lands' End logistics guru jumps ship and joins Fogdog Sports
  • Head of Montenegro's largest seaport tells Yugoslav navy to leave
  • Airborne Express unit acquiring five used Boeing 767-200s
  • Medical aid groups say US hurts global access to AIDS drugs
  • Viking Freight opens terminals in Albuquerque and El Paso
Transportation
  • Overnite, union to resume contract talks
  • High airport fees at Hong Kong seen deterring business
  • Roadway reports improved earnings
Maritime
  • Ready, set go: CMA to enter Pacific
  • Asia-to-Europe cargo rates rise
  • EU to assess competition in Rotterdam stevedore sale
  • US company among final four in bid for minority stake in Indonesian port
  • NATO bombing in Kosovo slows transport in region

The Journal of Commerceweb site
Home
  • Governors continue snit over port bid
  • Kvaerner to quit shipbuilding; US yard in doubt
  • Southern California ports increase market share over northern rivals
  • American officials find 'no trace' of Russian boycott of US products
  • Circle International signs alliance agreement with Israel's Cargo-Amerford
  • Emery Worldwide opens logistics center in Australia
  • Danube River shippers paying a high price for NATO airstrikes
  • Fine Air completes acquisition of Arrow Air
  • Lands' End logistics guru jumps ship and joins Fogdog Sports
  • Head of Montenegro's largest seaport tells Yugoslav navy to leave
  • Airborne Express unit acquiring five used Boeing 767-200s
  • Medical aid groups say US hurts global access to AIDS drugs
  • Viking Freight opens terminals in Albuquerque and El Paso
Transportation
  • Overnite, union to resume contract talks
  • High airport fees at Hong Kong seen deterring business
  • Roadway reports improved earnings
Maritime
  • Ready, set go: CMA to enter Pacific
  • Asia-to-Europe cargo rates rise
  • EU to assess competition in Rotterdam stevedore sale
  • US company among final four in bid for minority stake in Indonesian port
  • NATO bombing in Kosovo slows transport in region

The Journal of Commerceweb site
Home
  • Governors continue snit over port bid
  • Kvaerner to quit shipbuilding; US yard in doubt
  • Southern California ports increase market share over northern rivals
  • American officials find 'no trace' of Russian boycott of US products
  • Circle International signs alliance agreement with Israel's Cargo-Amerford
  • Emery Worldwide opens logistics center in Australia
  • Danube River shippers paying a high price for NATO airstrikes
  • Fine Air completes acquisition of Arrow Air
  • Lands' End logistics guru jumps ship and joins Fogdog Sports
  • Head of Montenegro's largest seaport tells Yugoslav navy to leave
  • Airborne Express unit acquiring five used Boeing 767-200s
  • Medical aid groups say US hurts global access to AIDS drugs
  • Viking Freight opens terminals in Albuquerque and El Paso
Transportation
  • Overnite, union to resume contract talks
  • High airport fees at Hong Kong seen deterring business
  • Roadway reports improved earnings
Maritime
  • Ready, set go: CMA to enter Pacific
  • Asia-to-Europe cargo rates rise
  • EU to assess competition in Rotterdam stevedore sale
  • US company among final four in bid for minority stake in Indonesian port
  • NATO bombing in Kosovo slows transport in region

Marine Linkweb site
APRIL 13, 1999
  • Kvaerner To Ax Jobs, Abandon Shipbuilding
    Kvaerner ASA is reportedly abandoning shipbuilding and shedding 25,000 employees -- about 30 percent of its workforce.
  • Government To Help Kvaerner Fine Buyers For U.K. Units
    The British government reportedly pledged to work closely with Kvaerner to find buyers for its shipbuilding plants in the U.K. and to safeguard thousands of jobs in England and Scotland.
  • Baker Hughes Sees Downturn This Year, May Cut More
    Baker Hughes Inc. may reportedly make further job cuts this year if, as oil companies are likely to further cut spending.
  • Shipping Lines Set Second Half Container Rate Rise
    Container shipping companies operating between Asia and Europe will reportedly seek further rate rises westbound in the second half of 1999.
  • Danube Shippers Lick Wounds As NATO Blocks River
    Danube shippers are reportedly facing huge bills as a result of NATO bombing, which has blocked vital waterways in Yugoslavia, leaving tons of freight stranded and operators struggling to find alternative routes.
  • ICTSI Forms Joint Venture For Subic Cargo
    International Container Terminal Services Inc. (ICTSI) -- a Philippines-based port operator, reportedly signed a joint venture accord with Germany's Royal Ports Services Inc. and Subic Bay Metropolitan Authority (SBMA) to provide cargo handling services in the Subic freeport zone.
  • Japan Overseas Ship Orders Up 3.5%
    Japanese shipyards reportedly received foreign ship orders in March for 13 vessels, or 633,580 gross registered tons, up 3.5 percent from a year earlier.
  • Docenave To Manage Frota Coastal Shipping Services
    Brazil's largest bulk carrier operator Docenave is reportedly moving into container shipping by managing the coastal operation of fellow Brazilian line Frota Amazonica and Oceanico.
  • Conoco Wants To Be Hunter Not The Hunted
    Conoco Inc. president and chief executive officer Archie Dunham reportedly hinted that his company is looking around for a possible acquisition.
  • AMEC Awarded BP Amoco Contract
    AMEC Plc has reportedly been awarded an oil and gas service contract by BP Amoco on the Sullom Voe terminal in the Shetland Isles, offshore Scotland.
  • Shell Reports Ursa Deepwater U.S. Gulf Field Producing
    Production at Shell Exploration's Ursa project, located under 4,000 ft. of water in the U.S. Gulf of Mexico, reportedly started in March, four months ahead of schedule.

›››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%)
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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