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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:18 GMT+1
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BRIEFS
November 16, 2001
Shipping Timesweb site
Shipping News
  • Stowaways costing global shipping US$20m a year
    STOWAWAYS are costing the global shipping industry more than US$20 million a year, according to leading marine insurance specialist UK P&I Club.
  • Truls L'orange is new Bimco sec-gen
  • P&O may cut capacity, raise rates in wake of profit plunge
Air and Land Transport
  • Probe focuses on tail; entire Airbus fleet to be checked
    INVESTIGATORS deepened their probe of tail components on ill-fated American Airlines Flight 587, which crashed in the Queens borough of New York with the loss of at least 265 lives, as the airline agreed to inspect its entire fleet of Airbus aircraft.
  • Qantas to axe 2,000 jobs; cuts more overseas services
  • Lufthansa's 9-mth profit down 90%
  • Korean Air, Asiana post 4th straight quarterly losses
  • LOG Book

Shipping Timesweb site
Shipping News
  • Stowaways costing global shipping US$20m a year
    STOWAWAYS are costing the global shipping industry more than US$20 million a year, according to leading marine insurance specialist UK P&I Club.
  • Truls L'orange is new Bimco sec-gen
  • P&O may cut capacity, raise rates in wake of profit plunge
Air and Land Transport
  • Probe focuses on tail; entire Airbus fleet to be checked
    INVESTIGATORS deepened their probe of tail components on ill-fated American Airlines Flight 587, which crashed in the Queens borough of New York with the loss of at least 265 lives, as the airline agreed to inspect its entire fleet of Airbus aircraft.
  • Qantas to axe 2,000 jobs; cuts more overseas services
  • Lufthansa's 9-mth profit down 90%
  • Korean Air, Asiana post 4th straight quarterly losses
  • LOG Book

Sched Netweb site
  • China trade healthy despite 9/11
  • OOCL cuts winter schedules
  • CP Ships acquire Nordana Line
  • PSA staff see salaries slashed as throughput slowly recovers
  • Two ports planned for Korea
  • HK airport throughput decline
  • Lufthansa records Q3 slump
  • Alitalia and Air France launch alliance codeshare flights

Cargowebweb site
NOVEMBER 15, 2001
  • P&O Nedlloyd results: third quarter 2001
  • Nedlloyd result down
  • 2,500 out at Iberia
  • 1500 out at Qantas
  • FFE demand for Cargo 2000 backing
  • JAL falls back
  • Deutsche Post with investment in MediaSec Technologies
  • Logistics.com and SCT alliance

The Bunker Bulletinweb site
NOVEMBER 15, 2001
  • US Gulf markets unsettled as crude oil falls
  • Baltic ports offer most competitive bunkers again
  • Healthy activity levels in the Great Belt/Skaw region
  • Crude at 2-year low as OPEC makes production cut conditional, drops price band
  • Piraeus and Istanbul follow softer price trend
  • Bunker prices drop in Italy
  • Markets softer in Gibraltar, Canary Islands
  • Arab Gulf bunker price down after cargoes fall by $9.5
  • Singapore fuel oil prices plunge, then recover slightly
  • OPEC's production cut may not happen just yet
  • Sluggish demand in Japan despite weaker market
  • Rotterdam morning market report
  • Korean prices down $10-15 since Monday, buyers wait for further falls
  • Hong Kong market expected to soften

World Wide Shipperweb site
NOVEMBER 15, 2001
  • AOTOS award winners honored at ceremony in New York City
  • Port of Seattle buying cleaner vehicles for Sea-Tac Airport
  • Tacoma World Trade Center looking for auction items
  • Port of Portland Commission Oks terminal agreement with Oregon Steel Mills
  • Washington fruit growers speed donation to New York

Lloyd's Listweb site
  • Bocimar and Zodiac launch cape crusade
    BOCIMAR and Zodiac have joined forces to create a super-pool of 75 capesize ships in an effort to drag the market out of the depths. "By creating this pool of capesize vessels, the eco...
  • Berndsen leaves Meijer with Nedlloyd headache
    LEO Berndsen will step down as chairman of Royal Nedlloyd at the end of the year, leaving the company with unfinished business. The best chance to list the joint venture liner shipping compa...
  • Bergesen creates bulk giant with General Ore
    A dominant force will soon bestride the market for very large bulk carriers following the decision by Bergesen and Richard Neu's General Ore to combine their fleets in a new company, writes T...

Fairplayweb site
NOVEMBER 15, 2001
  • Wide testing for Inmarsat Fleet 77
  • Funding pledged for Plate dredging
  • Sasso leaves Royal Caribbean
  • Argentina eases Customs regs
  • Iridium dismisses durability fears
  • Delays at Chennai hit feeders
  • Oman seeks manager for Sohar
  • Traffic slump signals hard times
  • Canada floats shipyard aid
  • Barcelona port closed by high winds
  • Disease ship anchored off Genoa
  • Nedlloyd's Berndsen resigns
  • Yukos sale brings Kv'rner cash
  • Star "restructures" salaries
  • Bergesen forms bulk joint venture
  • Izar workers strike deal
  • BV head to call for stronger ships
  • Troubled Lakshmi delivered today
  • Affiliates make Mipo suffer
  • Dannebrog eyes project cargo trade
  • WA seeks bids for two-ship service
  • Bid opens to extradite Virgo crew
  • P&O Ned 3Q profits tumble

The Journal of Commerceweb site
NOVEMBER 15, 2001
  • Customs reform in WTO agenda
    In a breakthrough for international trading companies, customs reform was officially put on the agenda of the World Trade Organization.
  • UPS expects no change in peak volume
    United Parcel Service expects to deliver more than 325 million packages globally between Thanksgiving and Christmas.
  • P&O Nedlloyd profits sink in 3Q
    The container line saw an increase in box volume, but weakening rates hurt the bottom line.
  • Schubert hearing focuses on Title XI
  • Sri Lanka opens bunkering
  • Shanghai sets logistics development
  • China-backed HK firm sets logistics integration
  • CP Rail, CP Ships in Montreal port deal
  • Trailer Bridge sees $5.6M loss in 3Q
  • Polar adds Seoul service; drops Taipei
  • Sember new VP at ABS
  • Conterm offers new US-Mexico service
  • Port bill includes in-bond solution
  • Airlines open cargo joint venture headquarters
  • Port of Houston freezes tariffs
  • Hapag-Lloyd acquires Aussie rail logistics group
  • Freight trains collide and burn near Detroit
  • Mobile gets ore crane

Antwerpse Lloyd n.v.web site
  • Bocimar participe à la création du pool Cape International
    L’armement vraquier anversois Bocimar est une des parties impliquées dans la création du pool vraquier Cape International Inc., qui a officiellement entamé ses activités hier. Au sein de ce partenariat, Bocimar se chargera des contrats sur le marché spot, des finances et de l’adminstration. Benoît Timmermans, l’administrateur-délégué de Bocimar, a été nommé chief executive de Cape International.
  • TLF veut lancer sa propre autoroute roulante transalpine
    La fédération Transport et Logistique de France (TLF) a annoncé qu’elle se proposer de mettre sur pied, dès le début de l’année prochaine, un service expérimental d’autoroute roulante entre Lyon et Turin, dont la capacité pourrait atteindre 40.000 véhicules par an. Cette expérience sera menée en partenariat avec des partenaires publics comme le Conseil régional Rhône-Alpes, et privés, comme les entreprises chimiques de la vallée du Rhône.
  • Le PE épargne le travail portuaire et le pilotage dans la libéralisation des services portuaires
    Le Parlement européen s’est penché mercredi dernier sur la proposition de directive sur l’ouverture du marché des services portuaires. La proposition de la commissaire aux Transports Loyola de Palacio a finalement été approuvée à une faible majorité, mais dans une version quelque peu réduite. Ainsi, tant les services de pilotage que le travail portuaire ont été exclus du texte. Les décisions du PE ont été accueillies de manière mitigée par les différentes fractions parlementaires.
  • Créer un réseau ferroviaire pan-européen en fonction d’une libre concurrence
    “Il faut évoluer vers une structure ferroviaire européenne, qui mette à l’écart la politique et les autres institutions qui défendent le statu quo au détriment d’une approche plus globale. Les intérêts nationaux doivent être sacrifiés dans l’intérêt d’une solution pan-européenne. Un cadre légal et fiscal doit rendre le rail attractif sur le plan des coûts. C’est ce que réclame l’industrie.” Gavin W. Roser, ancien general manager de Contship Overland et directeur du groupe Railfreight, a tenu, lors d’une des sessions de la conférence-exposition “Intermodal 2001” à Hambourg, des propos qui n’ont pas manqué de faire impression par la justesse du raisonnement avancé et la vision qu’a l’orateur d’un rail qui opérerait de manière efficace.

TradeWindsweb site
NOVEMBER 15, 2001
  • Virgo crew facing extradition to US
    Cyprus has been shut out of the investigation despite being backed by international maritime laws.
  • OSG boasts strong cash liquidity
    The tanker operator will take advantage of slumping economy if the opportunity arises.
  • OSG chief hopeful of rate rebound
    Accelerated scrapping rate of old vessels will be the key to higher rates.
  • CP Ships secures long-term rail service
    CP Ships and CP Rail extend their existing partnership for another 10 years.
  • Zodiac joins Bocimar orbit
    Powerful new Cape International pool to control 75 bulkers of 12m dwt.
  • LSC picks new general secretary
    Joseph Ludwiczak will succeed outgoing Richard Deely at the end of 2001.
  • Nedlloyd chief Berndsen quits
    Top executive goes in wake of failed P&O Nedlloyd reverse takeover.
  • BG grows its LNG interests
    Gas operations proved expensive for energy giant and LNG shipowner BG Group in the third quarter.
  • CMHI pays parent for port companies
    Hong Kong shipowner buys two port firms from China Merchant Holdings.
  • Bergesen and General Ore team up on bulk
    Consolidation rears its head in the large bulker sector as market worsens.
  • Jacobs in talks on refinancing
    UK ferry and ports group makes statement on possible rights issue as share price rises.
  • DFDS Seaways gets new chief
    Bo-Lennart Thorbjornsson (left) is replaced by Thor Johannesen (right).
  • Trade downturn hits Gearbulk
    Profit halved as cargo drops by a million tons and freight rates fall.
  • Profits slump for Sea Containers
    Ferry operator hit by UK disruption, and world economic fallout, but is full of hope for 2002.
  • Jutha breaks loss cycle
    Thai liner firm's chairman Chanet Phenjati announces third quarter profits.
  • ExxonMobil in tanker clearout rumour
    Oil major reported to have sold nine tankers in two sale and charterback deals.
  • Bergesen profits continue on upwards
    Norwegian shipowner keeps the cash rolling in but warns of weaker prospects up ahead.
  • Profitable run continues for Halim Mazmin
    Malaysian bulker owner's three new ships have boosted earnings further this year.
  • K Line fails to meet slim profit target
    The Japanese shipping giant saw first-half earnings fall, despite revenue growth.
  • Container crisis hits P&O Nedlloyd
    Anglo-Dutch line has seen third quarter profits slashed by poor market and new capacity.
  • Mitsubishi stems financial losses
    Interim losses at Japan's largest shipbuilder have shown a sizeable reduction from twelve months ago.
  • Bush backs oil stockpile hike
    US president orders Strategic Petroleum Reserve filled to 700m-barrel capacity.
  • Interim losses jump 45% at MES
    The mid-sized Japanese shipbuilder has seen interim losses nearly double to JPY 3.1bn.

›››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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