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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:30 GMT+1
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BRIEFS
December 18, 2002
Shipping Timesweb site
Shipping News
  • Global maritime framework against terrorism reached
    AFTER nearly a year of intense negotiations and unprecedented workload by the International Maritime Organisation , 108 countries formally agreed to a historic new framework aimed at protecting global maritime trade against the spectre of terrorism.
  • Statoil sells shipping unit to Teekay
  • Contship revamps Australia services
  • All big Sabah ports to use new computer system
Air and Land Transport
  • Weakened US airlines face crippling blow from Iraq war
    STRUGGLING US airlines face a further crippling blow to revenue if the United States enters into an extended war against Iraq, leading industry experts said.
  • Korean Air to offer charter flights to Taiwan
  • United's new wage cut plan leaves pilots union 'stunned'
  • Cost cuts will help BBA meet full-year profit targets
  • Easy integration

Shipping Timesweb site
Shipping News
  • Global maritime framework against terrorism reached
    AFTER nearly a year of intense negotiations and unprecedented workload by the International Maritime Organisation , 108 countries formally agreed to a historic new framework aimed at protecting global maritime trade against the spectre of terrorism.
  • Statoil sells shipping unit to Teekay
  • Contship revamps Australia services
  • All big Sabah ports to use new computer system
Air and Land Transport
  • Weakened US airlines face crippling blow from Iraq war
    STRUGGLING US airlines face a further crippling blow to revenue if the United States enters into an extended war against Iraq, leading industry experts said.
  • Korean Air to offer charter flights to Taiwan
  • United's new wage cut plan leaves pilots union 'stunned'
  • Cost cuts will help BBA meet full-year profit targets
  • Easy integration

Sched Netweb site
  • KMTC predicts profitability in 2002 on US$320m turnover
  • China Sailing Agency acquires ISO9001-2000 rating
  • US Customs' C-TPAT programme evolving quickly
  • Box volume down 10 per cent in November for Long Beach
  • Schenker makes board changes
  • Macau handles 100K tonnes of cargo in 2002 to mid December
  • Air-India offers flights to Frankfurt again
  • New Washington air traffic control facility begins operation
  • Atlas Air CFO Douglas Carty gets offer he can't refuse

Cargowebweb site
DECEMBER 17, 2002
  • Unions review proposals for cuts United
    United Airlines' unions met with their advisers Monday to review the bankrupt carrier's proposal for severe cuts, which one union said would more than double the previous targeted concessions.
  • BA to axe 21 regional routes
    British Airways is to cut 21 UK routes next year which it said today were "further steps towards simplifying and strengthening its UK regional operation".
  • Korean Air and TransAsia flights between Korea and Taipeh
    Korean Air Lines and Taiwan's TransAsia Airways will operate chartered flights between South Korea and Taiwan starting later this month, the Ministry of Construction and Transportation in Korea said today.
  • Asian shipping companies angry about surcharges Indonesia
    Delegates from shipowners' associations of Singapore, Indonesia, Malaysia, the Philippines, Thailand and Vietnam have collectively called upon the Joint War Risk Committee (JWRC) to remove Indonesia's post-Bali bombing war risk zone label, arguing the arbitrary rating 'imposed unnecessary additional costs' on shipping and trade.
  • IMO wants new security measures
    Governments have been given one and a half years to implement the security measures decided on by the International Maritime Organization (IMO).
  • Rumors about sale CSX Lines
    Morgan Stanley upgraded CSX Corp. (CSX ) to overweight from equal-weight. The Journal of Commerce argued about the sale of CSX Lines.

Exim Indiaweb site
  • Amendments to Merchant Shipping Act provide better deal to seamen
  • Cosco India to take over agency functions w.e.f. January 1, 2003
  • Tobacco exports may rise by 10 pc
  • Pharma industry cautions Africa against anti-India EU propaganda
  • April-Aug. export growth revised upwards to 23 pc
  • Paradip Port handles 1.828 m. tonnes of traffic during Nov.
  • Coastal service operators concerned over TAMP-approved recent tariff hike
  • Record loading of steel plates at Vizag Port
  • India to become a leading market for diamonds in 5-10 years
  • Apeda launching cheaper banana packaging systems
  • Lok Sabha passes Competition Bill
  • Speedy reforms vital to lure US investors: Senator
  • High-level committee suggests proactive exporter guidance role for DGFT
  • FDI proposals worth Rs 92 cr. cleared
  • Forex reserves put at $ 67.753 bn
  • Textile industry registers 17 pc growth during April-September
  • CII team to meet WTO chief

The Bunker Bulletinweb site
DECEMBER 17, 2002
  • Montreal: Only one supplier on market for fueloil
  • Venezuela hits East Coast hard
  • USGC: Tight avails and congestion reign
  • Oil lower as market bets on OPEC inaction and awaits API report
  • Another sharp hike in Barzil's bunker prices
  • OPEC crude basket bursts through upper end of target range
  • Argentina market update
  • Baltic: Prices up, high holiday demand
  • Surprise in Fujairah as another cargo jump fails to materialise
  • Brazil bunker price gain
  • Green light for pipeline to Omisalj
  • St. Petersburg prices competitive again
  • Crude, cargo and avails conspire to hike Hong Kong levels
  • Demand picks up in Great Belt despite higher prices
  • Piraeus on the rise
  • Uruguay market update
  • Rotterdam steadies after morning price leap

International Transport Journalweb site
DECEMBER 17, 2002
  • ABP warns of container terminal capacity shortage
  • Swiss to streamline its route network
  • Rhenus Traffic Solutions goes online
  • DPWN moves its headquarters to Post-Tower in Bonn
  • P&O's Zeebrugge route ends on December 15

Marine Logweb site
DECEMBER 17, 2002
  • IMO adopts comprehensive maritime security measures
    Shipowners face a new and significant compliance deadline. A new, comprehensive security regime for international shipping is set to enter into force in July 2004. A central element is ISPS: the new International Ship and Port Facility Security Code.
  • Rolls-Royce power for White Rose FPSO
    Three Rolls-Royce RB211 turbogensets have been ordered to provide the electric power needed on an FPSO (floating production, storage and offloading) vessel to be located in the North Atlantic.
  • GE Power delivers QM2 packages
    GE Power Systems recently delivered two LM2500+ gas turbine-generator packages scheduled to be installed on what will be the largest passenger liner ever built,
  • First common-rail Sulzer completes one year's service
    The first Sulzer low-speed engine with common-rail fuel injection has successfully completed one-year's service
  • Navy hosts Taiwan sub meeting
    The Navy is briefing selected contractors on its planned acquisition of diesel electric subs for Taiwan

Lloyd's Listweb site
  • Deloitte & Touche pulls out of Liberian registries audit
    IN A major blow to the already tattered credibility of the Liberian maritime programme, international accounting firm Deloitte & Touche has pulled out of its contract to audit the West African country's shipping and corporate registries and timber industry.
  • Erck Rickmers places $323m five-ship order with HHI
    HAMBURG owner Erck Rickmers has placed an order worth Won389.9bn ($323.8m) with Hyundai Heavy Industries for five 7,500 teu boxships, German shipping sources and Asian shipbuilders said.
  • MoD starts chartering ships for Iraq operation
    THE UK's Ministry of Defence will from today seek to charter ships to move personnel and equipment for operations against Iraq, it has been confirmed, writes David Osler.

Fairplayweb site
DECEMBER 17, 2002
  • Deloitte ends LISCR contract
  • Venezuela insurance claims denied
  • Masters to be hit with old law
  • Owners talk tax with taxman
  • DFDS acquires Latvian operator
  • Caterpillar in talks with Hyundai
  • P&O Ports moves into Bengal
  • Tanker adrift with no crew on board
  • Richards Bay coal exports falling
  • Zambia to cover grain shortfall
  • Shippers 'must adapt to US rules'
  • Croatia to be Russian oil outlet
  • Viking withdraws from ownership
  • MOL to boost products fleet
  • Unions call for safety assessment
  • Whangarei port service rationalised
  • Short lease for Beirut box terminal
  • Spain's Aznar takes responsibility
  • Sonatrach to build five terminals
  • Oil players call for Gulf clean-up
  • Fred Olsen Energy to shed assets
  • Thailand mulls deepwater port

The Journal of Commerceweb site
DECEMBER 17, 2002
  • CSX Lines sold to turnaround firm
    CSX Corp. will sell its domestic shipping company to turnaround specialist Carlyle Group for $300 million in cash and securities, confirming an earlier report in JoC Online.
  • Insurance could rocket after wrecks
    A spate of recent maritime accidents has pushed hull losses close to the $1 billion mark and could send insurance premiums soaring in the coming months, experts say.
  • United simplifies domestic pricing
    Carrier shrinking number of pricing zones, plans export rate changes, too.
  • CP Ships quits Asia-Europe slot deal
  • GATX quitting new ventures unit
  • CSDC orders four bulk carriers
  • Protest threatens Russia box imports
  • Jolly Rubino wreck blown up
  • Canadian National to acquire 550 cars for forest products
  • UPS launches alternative fuel tractors
  • Logistec: Unhappy New Year for Montreal terminal
  • Virgin Atlantic slates Nigeria service
  • Women in Logistics name Carroll

Antwerpse Lloyd n.v.web site
  • Sea Gate doit stimuler le développement logistique dans le port d’Ostende
    Un consortium belgo-américain autour d’Immo Industry Group (IIG), GE Capital Real Estate et KBC a dévoilé hier ses plans concernant l’aménagement d’un parc logistique sur un terrain de 230.000 m2 dans l’arrière-port d’Ostende (Plassendale 1). Des magasins et des bureaux sur mesure y seront réalisés en fonction des besoins logistiques des clients. Le projet Sea Gate représente un investissement de 62 mio. d’EUR.
  • Le marché belge du camion a baissé plus fort que prévu en 2002
    Le marché belge du camion de moyen et de lourd tonnage connaîtra cette année-ci une baisse sensiblement supérieure aux prévisions. Cela tient entre autres à un ralentissement des investissements de remplacement. C’est ce qu’a déclaré Peter Himpe, national sales director de Volvo Trucks Belgium, lors de la traditionnelle conférence de presse de fin d’année. Pour 2003, il prévoit - très prudemment - une légère hausse.
  • Zeeland Seaports consolide sa position sur la scène portuaire internationale
    Zeeland Seaports a à nouveau élargi ses horizons. L’autorité portuaire zélandaise compte pour cette année sur une croissance de plus de 5% des transbordements à Flessingue et Terneuzen. L’année sera clôturée sur un nouveau record absolu de 26,7 mio. de t, a pu annoncer un président visiblement satisfait lundi soir lors de la réunion de fin d’année de l’administration du port de Middelburg. Et la fin de la croissance n’est pas encore en vue: avec le nouveau tunnel de l’Escaut occidental, l’aménagement du Westerschelde Container Terminal et la disponibilité de nombreux terrains de nouvelles portes s’ouvriront pour Zeeland Seaports qui, avec un résultat favorable de 5,5 mio. d’EUR, voit également augmenter sa capacité de financement.

TradeWindsweb site
DECEMBER 17, 2002
  • Two tracks to security
    IMO has its say on ship safety plans, but the US Coast Guard is still to be heard.
  • Trouble to the south, but rates heading north
    Analysts say Venezuelan crisis should boost hire regardless of standoff's duration.
  • Trading places
    Market reversal has conservative Stelmar on the wane, spot player Genmar on the rise.
  • JP Morgan bullish on Teekay deal
    Bank raises rating, earnings projections following Navion acquisition.
  • Vela signs up with Venturie
    Saudi tanker owner to install vapour recovery system on full fleet.
  • Orient Steamships buys first ship
    Ex-Valles youngest son John Koo bolsters new venture with capesize and aframax.
  • Jens Ulltveit-Moe resigns from Kongsberg
    But activist shipping investor has no plans to bid for marine electronics group.
  • Navibulgar stays in state hands
    Profit-making Bulgarian shipowner will not now be privatised, government decides.
  • Tanker and boxship collide in Thai port
    Diesel oil leaking from damaged tanker near Laem Chabang in Thailand.
  • Oil volumes grow at Caspian Shipping
    Azeri shipowner carries 4% more cargo to end-November.
  • Ventspils Nafta withdraws claims over Latvian
    Owner of Latvian Shipping drops action against rival bidder over share transfer delay.
  • FOE restructures $100m of loans
    Bid to reduce debt could lead to sell-off of yard or shipping interests.
  • DSME wins Montanari aframax order
    Italian owner inks 105,000-dwt tanker as Daewoo's Jung wraps up spate of European newbuilding deals.
  • AP Moller companies' shares surge on merger plan
    Expensive shares of Danish owner's quoted companies Svendborg and 1912 rise further.
  • Leif Hoegh offloads a reefership
    Norwegian owner sells non-core business ship as it homes in on ro-ro and LNG work.
  • S&P upgrades British Marine
    Rating agency takes positive view of return to underwriting profitability.
  • WG&A to shift headquarters
    Philippine ferry owner is moving to Manila from Cebu following name change.
  • MOL to bolster MR presence
    Japanese shipowner aims to world's largest operator of clean product tankers by 2005.
  • Efnav inks STX panamaxes
    South Korea yard takes rare dry bulk contract as it confirms potential order haul worth $250m.

›››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%)
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
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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