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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:47 GMT+1
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BRIEFS
August 28, 2000
Shipping Timesweb site
Shipping News
  • Policy of not giving dedicated terminals to lines stays: MPA
    Singapore port not overly dependent on any one shipping operator
  • Pirates attack Malaysian ship
  • Ship sales
  • Hanjin's profit up 5-fold
Air and Land Transport
  • Emirates plans US$3.5b London listing
    Middle East carrier Emirates likely to float within five years: analysts
  • China Eastern to buy regional airline, lease jets
  • Deregulate UK airports, think tank urges
  • Decision on cause of crash delayed
  • Beijing Airport may acquire nearby Tianjin airport
Features
  • Lessons for Singapore's port
    Eleven prominent personalities from the international maritime and port community gathered in Singapore last week to give it advice o how to develop further as a leading port and international maritime centre

Shipping Timesweb site
Shipping News
  • Policy of not giving dedicated terminals to lines stays: MPA
    Singapore port not overly dependent on any one shipping operator
  • Pirates attack Malaysian ship
  • Ship sales
  • Hanjin's profit up 5-fold
Air and Land Transport
  • Emirates plans US$3.5b London listing
    Middle East carrier Emirates likely to float within five years: analysts
  • China Eastern to buy regional airline, lease jets
  • Deregulate UK airports, think tank urges
  • Decision on cause of crash delayed
  • Beijing Airport may acquire nearby Tianjin airport
Features
  • Lessons for Singapore's port
    Eleven prominent personalities from the international maritime and port community gathered in Singapore last week to give it advice o how to develop further as a leading port and international maritime centre

Shipping Timesweb site
Shipping News
  • Policy of not giving dedicated terminals to lines stays: MPA
    Singapore port not overly dependent on any one shipping operator
  • Pirates attack Malaysian ship
  • Ship sales
  • Hanjin's profit up 5-fold
Air and Land Transport
  • Emirates plans US$3.5b London listing
    Middle East carrier Emirates likely to float within five years: analysts
  • China Eastern to buy regional airline, lease jets
  • Deregulate UK airports, think tank urges
  • Decision on cause of crash delayed
  • Beijing Airport may acquire nearby Tianjin airport
Features
  • Lessons for Singapore's port
    Eleven prominent personalities from the international maritime and port community gathered in Singapore last week to give it advice o how to develop further as a leading port and international maritime centre

The Journal of Commerceweb site
  • Gunmen board U.S.-flag vessel in Adriatic SeaThe Farrell Lines ship was carrying food bound for Montenegro.
  • Customs sets new audits
    The agency targets 300 large importers for a second round of exams.
  • FastShip to build new Philadelphia box terminal
    The facility is slated for completion in 2004.
  • Panalpina results soar
    The booming oil sector aided the forwarder's first-half recovery.
  • A month for all trade bills
    Congress is ready to deliver its first major trade legislation since Nafta in 1993-94.
  • Customs nets millions from cash smugglers
  • Court says forwarder not liable for damaged cargo
  • Celadon Group revenues jump but e-biz hurts net
  • Exxon Mobil takes delivery of new tanker
  • TNT partners with AnythingOvernight.com
  • DOT announces truck safety rules
  • Pakistan to grant Karachi port more autonomy
  • South Korea to build highway to North
  • Harland & Wolff, builder of the Titanic, facing similar fate
  • Hong Kong's Ocean-Land Group breaks into logistics
  • Halterm earnings jump
  • Marine advisory council to hold public meeting on Sept. 7

Sched Netweb site
  • Eastbound rate restoration for Mediterranean agreement
  • Maersk newbuilding named at Odense Steel Shipyard
  • Delta connects Frankfurt, Delhi
  • AVTEAM gets ISO9000
  • Airborne Express unveils web-based services
  • Mueller leaves AA after 31 years

Cargowebweb site
AUGUST 25, 2000
  • Grimaldi buys Holt group's stake in ACL
  • Duty free loss dramatic for P&O Ferries
  • Limitation of Swissair flights
  • Vopak reports restructure and slight growth
  • 'Better to stop dispatch of mail to US: TNT Post's dreadful record'
  • TNT Partners with AnythingOvernight.com
  • China Southern with Chicago-Shanghai direct cargo flights

Exim Indiaweb site
  • Atlantic Container Line enters LCL/FCL consol arena
  • Soya imports: USDA team coming for talks
  • Sugar export deals of 1.75 lt clinched
  • Textile fair from Oct. 5 to 8
  • Scope seen for greater investment ties with sub-Saharan Africa
  • Exim Bank bid to widen area of activities
  • Minister rules out winding up of DGFT
  • India extends Rs 600 m line of credit to Vietnam
  • MbPT provides more facilities
  • Good response to Haldia Dock tender for berths
  • Rains brighten cotton crop prospects
  • Bumper wheat crop in the offing
  • Customs have finger on global price of goods
  • Uniform commodity coding for computing sales tax
  • CM expects major chunk of foreign funds inflow into State
  • Bid to expedite Mangalore-Hassan gauge conversion
  • Delta to link Frankfurt, Delhi from 2001
  • AAI bid to raise terminal charges draws flak

The Bunker Bulletinweb site
AUGUST 25, 2000
  • New company listings at Bunkerworld
  • CGES says output hike not likely to affect world prices
  • Quiet times on the US east coast
  • Lack of RME in Philadelphia
  • Prices steady as buyers re-enter market in Houston
  • Quiet demand in LA and San Francisco
  • Seattle, Portland and Vancouver market review
  • Brazil and Mexico market review
  • Quiet demand in Ecuador and Panama
  • Prices steady in St Eustatius and Chile

Cargonews Asiaweb site
AUGUST 7, 2000
  • The end of the Ice age
  • News from the high seas
  • Pakistan seeks loan for port
  • Melbourne upgrade call
  • Johor box count rises

Lloyd's Listweb site
  • Carnival earnings warning after cancellations
    TOP cruiseship operator Carnival Corp has warned that its fourth-quarter earnings will drop one penny a share following the cancellation of two week-long voyages by its cruise vessel Elation.
  • CSAV calls time on acquisitions
    Companhia Sud Americana de Vapores has entered a period of consolidation after two years on the acquisition trail.
  • QBE reshuffles Limit pack
    A MAJOR shake-up in marine underwriting is underway as Australian insurer QBE takes full control of Lloyd's operation Limit.
  • Ex-Hyundai chief steps in as cash saviour for unit
    SOUTH Korea's largest conglomerate, Hyundai Group, has revealed that former chairman Chung Mong-hun plans to buy a 23.86% stake in its shipping unit Hyundai Merchant Marine.
  • Wah Kwong intrigue grows
    New owners, George Chao Sze-kwong and Bocimar Far East, have been uncharacteristically quiet in the month since Hong Kong's Wah Kwong Shipping was delisted and went private.
  • Buyers get in line for Samsung 12,000 teu design
    Designs for ships able to carry up to 12,000 teu developed by Samsung Heavy Industries are attracting considerable interest from potential buyers.
  • Spot market for LNG?
    A report from the New York brokerage and consultancy, Poten & Partners describes liquefied natural gas carriers as 'strategic assets'.
  • Pilot transfer concept now being tested
    The new 'Elbe Range' pilot transfer concept, now being tested in the North Sea, is designed to transfer pilots to large vessels more safely, more quickly and more economically.

Fairplayweb site
AUGUST 25, 2000
  • Favourite son to buy HMM stake
  • Dock worker injured in fall
  • Suez expansion plan catches flak
  • Panamax rates hit the heights
  • No Daily News on Monday
  • Undercurrents in a Golden Ocean
  • Box ship bump in Malta
  • US steel calls for import curbs
  • Suez calls in Japanese advisers
  • Protest halts Jakarta terminal
  • USCG trains Philippines drug squads
  • 'Rust-bucket' Ritas wrangle goes on
  • Broker warns of autumn tanker lull
  • Skuld adopts syndicate model
  • SCI seeks funds for Aframaxes
  • China steps up maritime development
  • Seven bid for 'test-case' port
  • Sri Lanka ferry service re-opens

Marine Linkweb site
AUGUST 25, 2000
  • Yang Ming Makes Exec Changes

Traffic Worldweb site
AUGUST 27, 2000
  • After less than six months in business, FedEx Home Delivery says it plans to cover all of the country in just two years. It's an ambitious plan but FedEx is refusing to grow the business too fast at the expense of reliability. Like the rest of FedEx, the Home Delivery unit is highly automated and leaves little room for error. But unlike FedEx, the drivers operate in a much less structured environment and see themselves as small business owners, not employees. In an era of stock options and company-sponsored health care, you might think it would be hard to find employees who want to take the risk and front the money to work for the new venture, but they are out there.
  • Coal-hauling railroads must pay more attention to the prices they charge and the service they render to power generators, said Edison Electric Institute official and transportation expert Charles Linderman, "because there is potential for loss not by what railroads do, but by what they don't do." Linderman said that if railroads don't construct a sturdy new partnership with power generators to make them more competitive by reducing delivered coal costs and improving rail service, electric utilities will be forced to increase their demand for natural gas. But increased dependence on natural gas for peak-load generation, said Linderman, could result in interrupted energy supplies and reduced American-industry competitiveness in world markets because the supply and price of natural gas are subject to wide fluctuation.
  • There's not much comfort in the home furnishings business these days. The two largest furniture retailers in the nation have filed for bankruptcy and dot-coms have been falling like dropped pianos. Yet there are rich pickings for third-party logistics companies with the right expertise. High-end brands are looking to expand and there is plenty of scope for streamlining the industry's convoluted supply chains.
  • There will be no fire sale of Overnite Transportation Co. by parent Union Pacific Corp. The Richmond, Va.-based carrier, the nation's sixth-largest stand-alone LTL carrier and biggest nonunion LTL carrier, has had its initial public offering shelved indefinitely because of poor market conditions for all trucking companies. Overnite has another unsettled cloud, the 10-month-old unfair labor practice strike by the Teamsters union, although it seems to be recovering from that. Overnite reported its best 90-day financials in the last six years when it posted $12.6 million net income on $283.4 million revenue for the second period ended June 30. Expansion plans are under way in Overnite's regional and Canadian operations and a move into Mexico is planned soon, senior Overnite executives said.
  • Pressure from its customers forced Solvay Minerals, the world's second-largest producer of soda ash, to find a software company able to effectively keep track of its customers' inventory and get a better handle on rail car management. It wasn't as easy as it seemed; Solvay found out that most software companies lacked the total package - most, that is, except Transentric, formerly Union Pacific Technologies. Transentric provided Solvay a means to keep track of both inventory and rail car transit times from start to finish along the industrial logistics chain - to the benefit of Solvay and its customers.
  • While many shippers are buoyed by the options now available under the relatively new ocean-shipping contracting laws, some chemical shippers are foundering. "Last year, the competitive bidding really made it difficult," said Greg Nikiper, who handles transportation for chemical manufacturer FMC Corp.'s operations in Philadelphia. He's also an official representative for the U.S. Chemical Shippers Association. "Many of us are going back to the carriers we've had our contracts with in the first place," he said. "It's easier to deal with those carriers than to go out for bid."
  • The massive recall of Bridgestone/Firestone tires has become an air freight project. In order to expedite the delivery of the 6.5 million tires that have been recalled, the Japanese tire manufacturer is shipping finished tires by air for at least 10 days to speed up the replacement process. Since the Aug. 9 voluntary recall, 560,000 tires were replaced by Aug. 20, but the U.S. plants can't keep up with demand, so the Tokyo area plant is working around the clock to churn out as many tires as humanly possible. Ford Motor Co. is taking a huge financial hit from the recall. Ford shut down three manufacturing plants, idling 6,000 workers, to free up its in stock tires for the recall effort. Thai Airways, Northwest Airlines and probably any airline that has space out of Asia will have new tires in the cargo hold.
  • The clouds are clearing and the sky is looking blue - the investment sky, that is, for technology companies receiving funding. Among the recipients are Yantra Corp., FreightWise and AnythingOvernight.com. Supply-chain software company Yantra announced it secured $41 million in funding from investors, including Morgan Stanley Dean Witter Private Equity, Amerindo, Broadvision, VerticalNet and Eastman Chemical Co. FreightWise, an Internet venture of Burlington Northern Santa Fe Corp., said it received an undisclosed amount of venture funding from General Electric Co. Internet-based AnythingOvernight.com snagged $2.25 million in its first formal round of funding led by Dana Commercial Credit Corp., a customer.

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