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24 January 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
May 21, 2001
Shipping Timesweb site
Shipping News
  • S'pore yards to merge in next 12 months: UBS Warburg
    SINGAPORE's three leading shipyards will merge into one global giant with a market capitalisation of nearly $2.4 billion, within the next 12 months, according to investment banker UBS Warburg.
  • Manila's port operators post poor results
  • Thai plans to privatise main ports back on track
Air and Land Transport
  • BA forecast to chalk up full-year profit of 375m
    BRITISH Airways plc is set to report this week that full-year operating profits soared to around 375 million from 84 million last year, helped by its decision to cut capacity.
  • Lufthansa pilots reduce pay demands, expect accord soon
  • Metal part falls from Air NZ plane
  • Southwest Air to add flights to new city this year
  • United Air to let some workers wear religious headdress

Shipping Timesweb site
Shipping News
  • S'pore yards to merge in next 12 months: UBS Warburg
    SINGAPORE's three leading shipyards will merge into one global giant with a market capitalisation of nearly $2.4 billion, within the next 12 months, according to investment banker UBS Warburg.
  • Manila's port operators post poor results
  • Thai plans to privatise main ports back on track
Air and Land Transport
  • BA forecast to chalk up full-year profit of 375m
    BRITISH Airways plc is set to report this week that full-year operating profits soared to around 375 million from 84 million last year, helped by its decision to cut capacity.
  • Lufthansa pilots reduce pay demands, expect accord soon
  • Metal part falls from Air NZ plane
  • Southwest Air to add flights to new city this year
  • United Air to let some workers wear religious headdress

The Journal of Commerceweb site
MAY 18, 2001
  • Carriers cleared in SED fee probe
    The Federal Maritime Commission said that ocean carriers did not collude in imposing surcharges for handling paper shippers' export declarations.
  • U.S. economy worries MOL, "K" Line
    The carriers reported their annual fiscal earnings and indicated concern about what the effect of the weakening U.S. economy will be on the shipping business in the coming year.
  • OOCL takes space on United Alliance
    The carrier will take slots on the Asia-U.S. East Coast leg of the United Alliance's All Water Pendulum service next month.
  • Crowley shies from 'public' eye
    Becoming a publicly-held company is unthinkable at Crowley Maritime Corp., which recently paid investors more than $1,500 per share to keep its financial data out of the public record.
  • Fine Air files reorganization plan
  • CMA CGM upgrade S. America services
  • Lykes Lines adds Brazil call
  • Dragonair adds Osaka
  • Imports stall at West Coast ports
  • India slates trains to clear Chennai
  • Correction
  • United Cargo hikes domestic rates
  • Polar Air Cargo cuts workforce by 10%
  • Automotive hurts Pacer results

Sched Netweb site
  • LISCR condemns "miserable" IRI action
  • Airlines face fight over EC tariff consultation ruling
  • BAX in reverse logistics
  • Northwest Airlines Cargo adds Asia/Cincinnati freighter

Cargowebweb site
MAY 18, 2001
  • 24-hour strike at ECT
  • Higher profit JAL, but warning
  • Ports downturn Silicon Valley
  • 10 per cent exit Polar personnel
  • CMA CGM to South America
  • Higher rates United Airlines Cargo
  • Also a Belgian e-mail box
  • Postponement in Sabena Airbus order
  • Higher results Stinnes and Schenker

Exim Indiaweb site
  • Saiprabha Marine Services opens container storage depot in Chembur
  • Maersk in Partnership with Sea Cadet Corps - Hands over 50 'Optimist' class boats
  • Customs Dept, CLA to be EDI-linked from June 1 - Export transaction to cost less
  • Study sees scope for increased trade with Bangladesh
  • Offshore banking facility at SEZs hinted at
  • Indonesian firm buys 1.6 lakh tonnes of Indian wheat
  • Ficci leading business team to Pakistan
  • India working out draft of FTAs for LatAm countries
  • CII pursuing tie-up potential with Europe
  • Ramdev Exports bestowed 'Niryat Shree' Award
  • JN Port becomes transhipment hub in reality - MSC tranships first lot of consignment
  • Agitation continues at Chennai Port Container Terminal Port users, CII call for immediate solution
  • Planemakers may be asked to review fuel-tank designs
  • Air NZ future looking good
  • World's biggest plane makes debut successfully
  • Sabena, Swissair go online
  • 3 Japanese firms may take part in Boeing project
  • Vietnam Airlines aims for up to 14 per cent growth
  • Sharjah plans to launch own airline
  • Air France orders Boeing freighters
  • CSA Czech Airlines joins SkyTeam Cargo
  • Drugs going off patent list to benefit industry
  • DCA issues 4 notifications on accounting records rules
  • Labour reforms will continue: PM
  • Apeda, NCTI MoU
  • Ficci to concretise tie-ups with Guangdong Province SEZ
  • Commerce Ministry finalises guidelines for MAI
  • Assocham to lead team for China on May 28
  • S. R. Kulkarni named trustee on Quake Fund panel
  • Singapore, Hong Kong visits fruitful: Sinha

The Bunker Bulletinweb site
MAY 18, 2001
  • Another slow day in Rotterdam, prices firming
  • Houston bunkers sharply down after "bidding war"
  • Company moves and updates
  • New company details on Bunkerworld.com
  • Brazil bunker price update
  • Crude steady to firm after Bush energy crisis report
  • New weekly global averages
  • Vancouver bunker market review
  • Mixed avails in Seattle and Portland
  • Some tight avails in San Francisco
  • OPEC may lower target price to protect market share

Marine Logweb site
MAY 18, 2001
  • Icebreakergoes to work in Mexico
    The Finnish Maritime Administration's Fennica has gotten a summer job
  • Fredriksen set to bring LNG company to market
    John Fredriksen looks set to list Golar LNG first on the Oslo Stock Exchange, then in New York.
  • Comsat inaugurates advanced Inmarsat-A service
    Comsat Mobile Communications has inaugurated enhanced Comsat-A mobile satellite service.

World Wide Shipperweb site
MAY 18, 2001
  • Port Portland executive director returns salary increase to stop questions concerning process
  • CSX employees successfully stop unmanned runaway train carrying 47 cars
  • Admiral of the Ocean Sea Awards winners announced for 32nd annual dinner and dance
  • New World Alliance plans to offer new direct service between Qingdao, China and Hamburg
  • Port of Pasco receives $880,000 from Qwest to use for three technology projects

Lloyd's Listweb site
  • Titan's big roll solves port wreck problem
    A temporary ship-breaking yard has been set up to remove the wreck of the 28,454 dwt timber carrier Coral Bulker from a breakwater outside the Portuguese harbour of Viana do Castelo near Oporto, wr...
  • Fredriksen in Golar gambit
    John Fredriksen is backing a new liquefied natural gas shipping company which has raised $280m and intends to list on stock exchanges in Oslo and New York. And there is speculation that bef...
  • Vessel lock-in as Leer pulls plug
    Situated southeast of Emden, the German port Leer - which means "empty" in German - has almost everything it needs as Lower Saxony's major place of transhipment for bu...
  • Three dead as yacht collision closes port of Dublin
    Dublin port was closed for several hours yesterday when a yacht sank with five people on board after colliding with a general cargo vessel. One crew member from the yacht Debonaire was resc...
  • Eight oil majors win Saudi Arabian gas stakes
    Saudi Arabia has declared eight leading oil companies as winners in the race for a stake in its multi-billion dollar gas development initiative, the kingdom's biggest opening to foreign inves...

Fairplayweb site
MAY 18, 2001
  • ANEK, Minoan confirm alliance talks
  • BIMCO pins scrapping hopes on China
  • NYK, MOL report higher profits
  • Weaker yen buoys Japanese yards
  • Malta union steps up strike action
  • Air-sea trial a success
  • Cho Yang dropped from pool
  • Maltese seek improved safety
  • DFDS sells head office for $14M
  • Onorato welcomes Tirrenia decision
  • Management gets Chennai moving
  • Baltic opens new coal route
  • Bulker refloated off Sri Lanka
  • ECT Rotterdam shut down
  • Changes advised at Seattle
  • Princess power unit to open in June
  • SSY/Fairplay sign data deal
  • Incat opens redundancy talks
  • Seattle signs up Hanjin
  • Nigeria tackles port congestion

TradeWindsweb site
MAY 18, 2001
  • Fredriksen in massive LNG deal
    Norwegian shipowner raises $280m for speedy launch of quoted gas venture.
  • Frontline takes the escalator
    Shares soar to new record.
  • Earnings slide at Bintulu Port Holdings
    Income shrank in 2000 for the operator of Malaysia's second biggest port.
  • Korea considers shipping shake-up
    South Korea could stir more controversy with a new shipping fund designed to support shipbuilders and owners.
  • Ukrferry planning newbuilding
    The Ukrainian ferry company is in talks with foreign investors to expand its fleet.
  • P&O hit by rising fuel prices
    Sterling warns that costly bunkers and foot and mouth disease is hurting ferries.
  • KPM earnings dwindle
    Keppel Philippines Marine shipyard watched its profits halve in the first quarter.
  • Net profits up 30% at MOL
    Marked improvement in profits at Japan's largest shipowner despite threat of rising yen and higher bunker costs.
  • Smaller Japanese tanker owners turn in profit
    Companies like Iino Kaiun and Taiheyo Kaiun were on target with earnings last year.
  • Mitsubishi Heavy Industries stems losses
    Japan's largest shipbuilder has seen a seven fold reduction in losses from twelve months ago.
  • Gotland sails ahead
    Swedish owner reports big improvement in financial performance.
  • Mitsui yard breaks loss cycle
    Japan's Mitsui Engineering & Shipbuilding has made an annual profit after four years in the red.
  • K Line dips below forecast
    The Japanese shipping giant failed to live up to its own profit forecast in 2000.
  • Stellar year for NYK
    Japan's second largest shipping company saw net profits more than double in the last financial year.
  • Russians drop Smit from Kursk salvage
    Contract awarded to "another party" after dispute over salvage schedule.
  • San Diego reefer terminal for Dole
    Dole agrees 20-year lease with US west coast port.
  • Costa commits ship to German market
    Carnival subsidiary to launch cruise product aimed exclusively at the German market.

›››File
FROM THE HOME PAGE
Container traffic at the Port of Los Angeles grew by 19.3% last year
Los Angeles
In the fourth quarter alone the increase was +21.5%
HMM signs agreement with JNPA to collaborate on development of new Indian port at Vadhvan
Seoul
The port will have a container traffic capacity of 23.2 million TEUs
EU customs reform must make trade and business easier
Brussels
23 organizations underline this in a joint statement
Launch in Ancona of the luxury cruise ship Four Seasons I
Trieste
Fincantieri to deliver the unit to Four Seasons Yachts at the end of 2025
Launch event in Brussels of the European Maritime Skills Forum
Brussels
In 2024, the port of Tanger Med handled a record traffic of 10.2 million containers
Anjara
New peaks also in other business segments
South Korea's KSOE wins order to build 12 18,000 TEU containerships
Seoul
HD Hyundai Heavy Industries' turnover increased by +21.1% in 2024
Fire breaks out on the Rospo Mare B oil platform off the coast of Vasto
Rome
There were no injuries or traces of pollution in the sea
Galaxy Leader Sailors Freed
London
Today the 25 crew members left Yemen on board a plane
Contract with Russian company that managed Syrian port of Tartous terminated
Damascus
The agreement included investments of 500 million dollars
Brussels OKs DP World-Arcese Automotive Joint Venture
Brussels
Initially, the activity will be carried out in France and Poland
Royal Caribbean orders sixth Edge-class cruise ship at Chantiers de l'Atlantique
Miami/Saint Nazaire
It will be taken over in 2028
Louis E. Sola is the new chairman of the Federal Maritime Commission
In 2024, ship transits through the Suez Canal decreased by -50%
Ismailia
The total was about 13,200 units compared to over 26,400 in 2023
Uiltrasporti urges to restore measures to support rail freight transport
Rome
Definitive cancellation of the 65 million fund from the Budget Law
The Trump unknown also weighs on the Panama Canal
Washington
While the tycoon dreams of taking it over with weapons in hand, a bill proposes to start negotiations with the Panamanian government
FSG bankruptcy trustees announce interest from multiple investors in shipbuilding group
Rendsburg/Flensburg
These are German companies operating in the same sector
Port of Long Beach closes 2024 with new annual, half-year and quarterly container traffic records
Long Beach
Total freight traffic also reached a new historical peak during the year.
The Biden administration's latest move is to accuse China of seeking dominance in the maritime, logistics and shipbuilding sectors
Washington/Beijing
Harsh reaction from Beijing's Ministry of Commerce and the China Shipyards Association
The AdSP of the Central Tyrrhenian Sea confirms the commitments made towards its employees
Naples
The organization hopes "that a climate of relaxation can be restored"
Uniport, exemption from compulsory insurance for vehicles used in port terminals is a good thing
Rome
Hanoi government authorizes initial investment for new port planned by MSC and VMC
Hanoi
Vietnam Port Development Plan to 2030 Approved
Filt, Fit and Uilt announce a resumption of the strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
New protest action scheduled to start on February 3rd
Annual container traffic at PSA port terminals exceeds 100 million TEU for the first time
Singapore
Record in both Singapore and overseas terminals
Confitarma calls for the urgent reinstatement of the rule on simplified recruitment of seafarers
Rome
Sisto: Simplification has proven to be an important step forward for the sector
Sharp drop of -17.1% in freight traffic in the port of Taranto in 2024
Taranto
In the last quarter alone the decline was -3.0%
Container traffic in Hong Kong port decreased by -4.9% in 2024
Hong Kong
In the fourth quarter alone, 3.5 million TEUs were handled (-2.7%)
New NATO mission to strengthen protection of undersea infrastructure in the Baltic Sea
Mons
The use of a small fleet of naval drones is also planned
In 2024, the port terminals of China's CMPort handled a record container traffic
Hong Kong
The total was 146.3 million TEU (+6.4%)
Yang Ming also renews service between Western Mediterranean and US East Coast
Keelung
In Italy stopovers in Salerno, La Spezia, Genoa and Vado Ligure
Twelve associations call for agreeing on measures to improve rail capacity management in the EU
Brussels
Genoa Port Terminal, green light for provisional concession until next June 30
Genoa
The Management Committee of the Western Ligurian Sea Port Authority has unanimously decided this
In 2024, passenger traffic managed in Genoa by Stazioni Marittime decreased by -4.4%
Genoa
Ferries stable and cruises down -9.8%. Cruise activity expected to increase in 2025
CMA CGM to remove Livorno calls from Amerigo service, replacing them with calls at Salerno
Marseille
New configuration in line with that of the Ocean Alliance partners
From April, Ocean Alliance ships will call at seven Italian ports, four of which will be visited only by COSCO/OOCL
Shanghai/Hong Kong/Taipei/Marseille
Salerno will enter and Livorno will exit the new configuration of the containerized maritime services network
Leonidsport (Louis-Dreyfus family) submits offer to acquire 21% of Thessaloniki Port Authority
Athens
The expected investment is up to approximately 57 million euros
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
The unions confirm the three-day strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
The protest action is scheduled for January 31, February 3 and 4.
Rolls-Royce wins record contract for Royal Navy submarine fleet
London
Eight-year, £9bn contract
Transported, the DURC in road transport is used to avoid paying for services
Rome
The rules - the association denounces - are openly violated by the clients
Kombiverkehr restores rail link between Lübeck port and Verona
Frankfurt am Main
Schedule two departures per week in both directions
AD Ports signs deal to build logistics park at Alexandria Port
Cairo
The business will be developed with the Holding Company for Maritime and Land Transport
The Panama Canal is and will continue to be Panamanian
Davos
This was underlined by the president of the Central American nation, José Raúl Mulino
Autamarocchi acquires control of Dissegna Logistics
Trieste
The Rossano Veneto company operates in the intermodal transport sector
Rubboli (Assologistica): Italian ports need more efficient and coordinated governance
Milan
Port of Ravenna, incentives for the purchase of "green" port vehicles
Ravenna
Maximum ceiling of 300,000 euros for each beneficiary
20% of Omani Asyad Shipping Company's capital up for sale
Muscat
Listing on Muscat Stock Exchange expected
Order to Circle for the management of data relating to rail and intermodal traffic of a port
Milan
ANSFISA adopts guidelines for the assessment and risk management of the rail transport of dangerous goods
Rome
Over 217 kilos of cocaine seized in the port of Livorno
Leghorn
They were hidden in a container containing wood from South America
Merlo leaves the presidency of Federlogistica to Davide Falteri
Rome
Logistics - he underlined - is one of the drivers of the national economic system
Germany is studying a network of floating terminals for the import of clean hydrogen
Berlin
Memorandum of understanding signed by SEFE and Höegh Evi
The executive design service for the reclamation of the Molo Italia seabed in La Spezia has been awarded
The Spice
Fratelli Cosulich orders fourth methanol-ready unit
Genoa
It will be built by Taizhou Maple Leaf Shipbuilding
In Spain, a logistics network for rail transport of biofuel to ports is being studied
Madrid
Agreement between Adif and the Exolum Group
MSC Interested in Starting Shipbuilding and Repair Business in India
Gurgaon
Comparison with the naval engineering company Swan Defence And Heavy Industries
Luka Koper has ordered four new rubber-tyred gantry cranes from Konecranes
Coper
They will be the first vehicles powered exclusively by electricity at the Slovenian airport
LNG and bio-LNG bunkering vessel arriving at the port of Genoa
Genoa
It will be able to provide both "ship-to-ship" and "ship-to-truck" services
Last year, cargo traffic in Russian ports decreased by -2.3%
St. Petersburg
The largest volume of cargo, exports, fell by -1.9%
Höegh Autoliners secures two multi-year contracts for car transport
Oslo
Agreements with two car manufacturers with which it has been collaborating for years
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Malta sees record cruise traffic in 2024
Florian
357 ships docked for a total of over 940 thousand passengers
Cavotec to provide electrification systems and technologies for Italian ports
Lugano
Three orders worth a total of seven million euros acquired
Pirate attacks on ships decreased by -3% last year
London
In the last quarter, an increase of +76% was recorded
COSCO Shipping Ports Sets New Annual and Quarterly Container Traffic Records
Hong Kong
In the whole of 2024, 111.9 million TEUs were handled (+5.7%)
Alberto Maestrini (VARD) elected President of SEA Europe
Brussels
The association represents the European shipbuilding industry
Molo Brin areas in Olbia handed over to Quay Royal
Construction of a marina for mega yachts is planned
Port of Singapore Sets New Container and Non-Oil Bulk Records in 2024
Singapore
The Asian port handled a total of 622.7 million tonnes of goods (+5.2%)
The Italian Maritime Academy Technologies has acquired a new technical headquarters
Castel Volturno
Includes a 37-meter, 100-ton command bridge with 1:1 scale operating environments
A huge load of 110 kilograms of cocaine seized in the port of Gioia Tauro
Reggio Calabria
If placed on the market, it could have earned criminal organizations 20 million euros
Unifeeder triples its market share of intra-Mediterranean container services
Dubai
Fincantieri Completes Acquisition of Leonardo's Underwater UAS Business
Trieste
The 287 million euro fixed component of the purchase price was paid today
Wallenius Wilhelmsen to operate ro-ro terminal at Port of Gothenburg
Oslo/Gothenburg
12-year concession contract
The Bulgarian Shipowners' Association has joined the European Community Shipowners' Associations
Brussels
BSA is the twenty-second member of the European Shipowners' Association
Strike by Central Tyrrhenian Sea Port Authority staff suspended
Naples
The meeting between the unions and the general secretary of the port authority was a success
Mercitalia Rail begins rail transport from Reggio Calabria of trains for the Milan Metro
Reggio Calabria
They are approximately 106 metres long and weigh over 180 tonnes.
PSA Venice - Vecon achieves gender equality certification
Genoa
It is the first Italian container terminal to obtain the certification
Maria Teresa Di Matteo, head of the Department for Transport and Navigation, has passed away
Rome/Gioia Tauro
Mattioli: it was an important point of reference for the entire Italian maritime cluster
Green logistics, the Northern Tyrrhenian Sea Port Authority extends the deadline for the tender
Leghorn
It awards non-repayable grants up to a maximum amount of 300,000 euros
Medcenter Container Terminal orders 20 new hybrid struddle carriers from Kalmar
Helsinki
They will be delivered within the first quarter of 2026
The intermodal service connecting the Italian terminal of Melzo with the Dutch one of Moerdijk has started
Melzo
Three weekly circulations operated, which will increase to four from April
COSCO expects to close 2024 with +95% growth in net profit
Shanghai
EBIT expected at 69.9 billion yuan (+90.7%)
Catania-based F.lli Di Martino has acquired 160 new loading units produced by Piedmont-based SICOM
Cherasco
This year the Cherasco company celebrates 50 years since its foundation
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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Kuwait approves Chinese company for port operations
(AGBI - Arabian Gulf Business Insight)
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Uiltrasporti Campania accuses the heads of the AdSP of the Central Tyrrhenian Sea of having assumed a provocative and totally closed attitude
Naples
Attempt - the union denounces - to downplay the real reasons for the strike
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
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