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24 January 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
April 8, 2002
Shipping Timesweb site
Shipping News
  • S'pore can still hit 17m TEU throughput target this year
    PSA Corporation remains confident of achieving its 17 million TEU Singapore throughput projections this year despite Evergreen's departure in September.
  • Profit at Singamas Container boosted by fall in material costs
  • Aussie minister warns countries to avoid unilateral security action
  • Boat sinks off S'pore
Air and Land Transport
  • Qantas' start-up airline aims for first-year profit
    QANTAS' subsidiary budget carrier, Australian Airlines, could post a profit in its first year of operation under a blueprint aimed at shaving 30 per cent from its parent company's operating costs.
  • Virgin Blue may bid for Sydney airport terminal
  • Narita has 2nd runway after 20 yrs
  • ANA cuts 2001/02 loss forecast
  • Kuwait Airways expects Sept 11 attacks to increase losses

Shipping Timesweb site
Shipping News
  • S'pore can still hit 17m TEU throughput target this year
    PSA Corporation remains confident of achieving its 17 million TEU Singapore throughput projections this year despite Evergreen's departure in September.
  • Profit at Singamas Container boosted by fall in material costs
  • Aussie minister warns countries to avoid unilateral security action
  • Boat sinks off S'pore
Air and Land Transport
  • Qantas' start-up airline aims for first-year profit
    QANTAS' subsidiary budget carrier, Australian Airlines, could post a profit in its first year of operation under a blueprint aimed at shaving 30 per cent from its parent company's operating costs.
  • Virgin Blue may bid for Sydney airport terminal
  • Narita has 2nd runway after 20 yrs
  • ANA cuts 2001/02 loss forecast
  • Kuwait Airways expects Sept 11 attacks to increase losses

Sched Netweb site
  • Hutchison Delta Ports purchases new equipment
  • PSA announces results
  • NOL chairman steps down
  • AP Moller reports liner losses
  • Cathay Pacific to reinstate suspended flights
  • AEA February traffic shows little improvement
  • KLM row with Russia brews

Cargowebweb site
APRIL 5, 2002
  • 20 per cent higher net for Panalpina
    Panalpina, the worldwide forwarding and logistics group, reported good results for the 2001 business year.
  • New CFO US Airways
    US Airways CEO David Siegel announced major changes in the company's executive leadership and organizational structure.
  • US agrees with United/BMI alliance
    The U.S. Department of Transportation (DOT) granted antitrust immunity to an alliance between United Air Lines and British Midland Airways (BMI).
  • BA cargo just slightly down in March
    Cargo of British Airways in March 2002, measured in Cargo Tonne Kilometers, fell by 2.5 per cent, compared to March 2001. This was the best performance since Sept. 11, 2001.
  • Loss for too fast growing D.Logistics
    D.Logistics, a German provider of logistic services, reported an after-tax loss of 25.7 million euro, three times as highas the year 2000 loss.

Exim Indiaweb site
  • SCI clears entire govt debt
  • Tolani Shipping Chairman gets Varuna award
  • ACL vessel m.v. Kota Teraju makes maiden call at Mumbai Port - Lively interactive session & get-together organised
  • Pisces Container Lines opens Indore offic
  • ANL, China Shipping, OOCL & Zim announce new Australia to N. Asia service
  • Mormugao Port traffic handling increases by 17 pc in 2001-02 - Priority for 2 new berths to handle large vessels
  • KPT achieves ship turnaround time of just 4 hours!
  • Paradip Port posts 6 pc increase in cargo handling - 30 operational records achieved in 2001-02
  • Now, China Airlines homing in on India
  • Textile Ministry may seek more cargo space in A-I
  • KASEZ exports up by Rs 21 cr. in 2001-02
  • Coir exports up by 57 pc rise
  • Oilmeal exports post robust 29 pc growth
  • Transparent procedures for global food trade stressed
  • IGCC seminar on Exim Policy on April 22
  • IMC Bajaj Quality Awards for Indo-Gulf, Satyam; Juran Medal for Dr J. J. Irani
  • Cabinet panel approves TAMP Chairman term extension
  • Ficci, CII teams to accompany PM to Singapore

The Bunker Bulletinweb site
APRIL 5, 2002
  • Producers take advantage of higher oil prices to increase output, oil falls sharply
  • US peace imitative overshadows hawkish Iranian stance, OPEC's Rodriguez thinks oil prices will fall
  • Chile market report from PMC
  • ICE and IPE Report Record Volumes
  • Rotterdam midday market report
  • Iran's supreme leader calls for oil embargo against the West
  • PDVSA workers' strike well underway
  • LA and San Francisco market snapshot
  • Avails remain tight in the Pacific Northwest

Marine Logweb site
APRIL 5, 2002
  • Washington State settles ferry wake suit
    The State of Washington and property owners along Rich Passage earlier this week announced a settlement in a lawsuit claiming waves from high-speed ferries caused environmental and property damage
  • Reorganization at Heidenreich
    Privately-held Heidenreich Marine Inc.now has a new organizational structure.
  • Alford quits FGH
    John Alford has resigned as president and CEO of Friede Goldman Halter. Jack R. Stone, Jr., currently serving as the CRA (chief restructuring advisor) to FGH, is now also wearing the president and CEO hats.

World Wide Shipperweb site
APRIL 5, 2002
  • Port of Seattle and SSA open newly expanded Terminal 18
  • Remember to spring ahead as daylight saving time returns
  • MOL adding port calls to Trans-Atlantic service
  • Port of Everett executive director will head AAPA North Pacific Caucus
  • US rail freight traffic takes nosedive in March

Lloyd's Listweb site
  • Lutine Bell tolls sad farewell to the Queen Mother
    GOODBYE... and not quite goodbye. Lloyd's bade farewell to one of its great supporters, Queen Elizabeth the Queen Mother, on the day her lying in state began, writes James Brewer.
  • Hot chips fill China cargo capacity
    OCEAN carriers and freighter airlines are struggling to cope with a sudden surge in exports from China which has created a squeeze on cargo space.
  • Lloyd's List leads
    LLOYD'S List has strengthened its leadership as the newspaper of record for global maritime and insurance industries.

Fairplayweb site
APRIL 7, 2002
  • Halifax tightens cruise security
  • New CEO for Friede Goldman
  • Spill proceedings move to Galapagos
  • Ro-ro deaths puzzle investigators
  • Second enclosed facility to open
  • Pakistan launches tonnage tax
  • SCI pays off government loans
  • Seafarers missing after ship sinks
  • US to ship aid to Zimbabwe
  • Beirut shippers demand new cranes
  • Cochin misappropriation revealed
  • Kumba to boost Saldanha exports
  • Mombasa selected as SAR centre
  • Thailand to strengthen Yunnan links
  • HMM share price soars
  • Singapore volumes continue to rise

The Journal of Commerceweb site
APRIL 5, 2002
  • Maersk Sealand sees better rates
    The world's largest container line expects global rates to rise in 2002, and that could boost its parent's fortunes.
  • U.S. gives approval for trans-Atlantic air alliance - with one condition
    The antitrust immunity between United Air Lines and British Midland Airways is subject to the U.S. and Britain negotiating a bilateral aviation agreement within the next six months.
  • Panalpina profits surged in 2001
  • March record for PSA's Singapore terminals
  • Australia warns against "unilateral" security measures
  • Lumber reappears at Dultuh port
  • Business slams Sri Lanka fuel tax
  • British Airways adds cargo fuel charge
  • Van der Jagt to lead ESC
  • Georgia loses bid to block S.C. terminal project

TradeWindsweb site
APRIL 5, 2002
  • Northrop chief gets $3m bonus
    Kent Kresa was rewarded for the US defense contractor's strong 2001 performance.
  • Eleven rescued after Libyan vessel sinks
    Libyan-registered bulk carrier EBN Hawkel sank off the coast of Algeria in bad weather Thursday.
  • Ship sales bolster Actinor
    But parent company Bongo has to face the music this year on internal loans.
  • Ferrostaal to buy HDW shipyard stake
    The German industrial services firm will close the deal by 1 October.
  • Leif Hoegh plans payout
    Shareholders to benefit from financial revival after two years of missed dividends.
  • DNV moves against terrorism
    Class society to offer security certification for cruiseships and ports.
  • Bollore profit boost
    Transport activities advance French shipping and industrial group.
  • Tschudi & Eitzen bag bulkers
    Norwegian ower tests out Japanese yards for first time with handymax order spree.
  • Slovenska Plavba sold for $7.4m
    Blue water shipping business to be hived-off by new owners.
  • Navion grasps another suezmax
    Tanker owner takes Viken newbuilding on long-term charter.
  • Seatrans swings into the black
    Bergen-based shipowner returns to profit but faces weaker liner contribution this year.
  • O-J Libaek profits climb
    But Norwegian broker expects weak tanker market to axe 2002 revenue.
  • Police name Dubai Drydock victims
    Official government figures put final death toll from flooding disaster at 29.
  • FESCO profit shrinks
    Russia's Far Eastern Shipping Co may have less cash for fleet renewal than first hoped.
  • PSA sees highest throughput in 17 months
    PSA posts bullish box figures in wake of Evergreen decision, but fresh rumours say PTP is now after Hanjin.
  • Teekay quarterly dividend remains unchanged
    Only three things are certain in life - death, taxes and a dividend of $0.215 from the aframax giant.
  • PDVSA workers on strike
    Operations at several refineries and distribution centers are partially or totally paralysed.
  • FGH names new chief
    Jack Stone will take over from outgoing John Alford on Friday.

›››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
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
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
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