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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
February 26, 2002
Shipping Timesweb site
Shipping News
  • Star Cruises chalks up narrower Y2001 loss
    MALAYSIA's Star Cruises Group recorded a narrower US$8.4 million net loss in 2001 compared with its US$29.6 million loss in 2000, despite a massive 47 per cent dive in operating income exacerbated by the events of Sept 11.
  • Alliance to revamp Asia-Europe services
  • S Net Freight sets up operations in Japan
Air and Land Transport
  • BA promises not to sell its stake, says Qantas chief
    BRITISH Airways has promised not to sell its 22 per cent stake in the Australian flag carrier, Qantas Airways, said Qantas chief executive Geoff Dixon.
  • EADS seeks to team up with ST Engineering
  • Sydney airport sale may resume next month
  • S'pore, China to expand air services
  • Analysts raise doubts over Ansett takeover
  • Berlin seeks EC nod to aid Lufthansa
Features
  • Working to overcome terrorist threat
    COULD a terrorist bomb get through the port in Savannah hidden in one of the more than 800,000 cargo containers passing through each year? 'Yes, it could,' US Coast Guard Cmdr Jim McDonald said.

Shipping Timesweb site
Shipping News
  • Star Cruises chalks up narrower Y2001 loss
    MALAYSIA's Star Cruises Group recorded a narrower US$8.4 million net loss in 2001 compared with its US$29.6 million loss in 2000, despite a massive 47 per cent dive in operating income exacerbated by the events of Sept 11.
  • Alliance to revamp Asia-Europe services
  • S Net Freight sets up operations in Japan
Air and Land Transport
  • BA promises not to sell its stake, says Qantas chief
    BRITISH Airways has promised not to sell its 22 per cent stake in the Australian flag carrier, Qantas Airways, said Qantas chief executive Geoff Dixon.
  • EADS seeks to team up with ST Engineering
  • Sydney airport sale may resume next month
  • S'pore, China to expand air services
  • Analysts raise doubts over Ansett takeover
  • Berlin seeks EC nod to aid Lufthansa
Features
  • Working to overcome terrorist threat
    COULD a terrorist bomb get through the port in Savannah hidden in one of the more than 800,000 cargo containers passing through each year? 'Yes, it could,' US Coast Guard Cmdr Jim McDonald said.

Shipping Timesweb site
Shipping News
  • Star Cruises chalks up narrower Y2001 loss
    MALAYSIA's Star Cruises Group recorded a narrower US$8.4 million net loss in 2001 compared with its US$29.6 million loss in 2000, despite a massive 47 per cent dive in operating income exacerbated by the events of Sept 11.
  • Alliance to revamp Asia-Europe services
  • S Net Freight sets up operations in Japan
Air and Land Transport
  • BA promises not to sell its stake, says Qantas chief
    BRITISH Airways has promised not to sell its 22 per cent stake in the Australian flag carrier, Qantas Airways, said Qantas chief executive Geoff Dixon.
  • EADS seeks to team up with ST Engineering
  • Sydney airport sale may resume next month
  • S'pore, China to expand air services
  • Analysts raise doubts over Ansett takeover
  • Berlin seeks EC nod to aid Lufthansa
Features
  • Working to overcome terrorist threat
    COULD a terrorist bomb get through the port in Savannah hidden in one of the more than 800,000 cargo containers passing through each year? 'Yes, it could,' US Coast Guard Cmdr Jim McDonald said.

Sched Netweb site
  • New direct consolidation service for Shanghai
  • Hong Kong's Cheoy Lee Shipyard in for cleanup
  • Hanjin Taipei enters into Pendulum II service
  • K Line appoints new MD
  • SAS reports Vasteras Airport to Competition Authority
  • UPS combines subsidiaries
  • Airborne top executives retire

Exim Indiaweb site
  • Intellectual honesty holds key to better governance - BCCI's Leadership Lecture Series - Michael Pinto
  • Oldendorff Indotrans celebrates year of fruitful operations at JN Port - Bjoern Ihlenfeld pledges to strive for increased traffic volumes
  • TNWA upgrades 3 Asia-Europe services - Selects Gioia Tauro as new Med. hub
  • Cardamom team to study Guatemalan techniques
  • IASC team to study Indian oilseeds scenario
  • Global Network inks MoU with S. African consultancy firm
  • Mid-course corrections in Export Strategy not ruled out: Prasad
  • IDMA seeks one-time extension of Vabal scheme
  • Port workers to stage 'dharna' before Parliament on Thurs
  • Coffee Board announces transport subsidy
  • Forex reserves up by $ 201 million to $ 49,766 million
  • Centre may allot Rs 17 cr for state apparel parks
  • Central excise rules amended for Budget day clearances
  • Union Cabinet clears path to labour reforms
  • Build India brands in IT, exhorts Nasscom Chief
  • SGS seminar on export promotion via E-com. in Hyderabad on Feb. 27
  • Suresh Kotak elected new IMC President - Shailesh V. Haribhakti Vice-President
  • SEZ near Cochin airport in conceptual stage

The Bunker Bulletinweb site
FEBRUARY 25, 2002
  • PetroChina and Pertamina in possible oil exploration and refinery cooperation
  • Market report for Chile
  • Rodriguez forecasts low Q2 demand, hopes for Russian cooperation on cuts
  • Poland: Ship-Service announces that PKN Orlen SA takes big shareholding
  • Brazil market update
  • Big price spread in very mixed Korean market
  • Rotterdam morning market report
  • Quiet Singapore markets opens steady after holiday

Marine Logweb site
FEBRUARY 25, 2002
  • Ownership change for P&I Club manager
    The Shipowners Claims Bureau, Inc., (SCB) which manages the American Club, the only P&I Club domiclied in the America's has now been demerged from Marsh, Inc.
  • GlobalSantaFe sells jackup
    GlobalSantaFe Corporation has sold the Key Bermuda offshore jackup drilling rig to Nabors Drilling International
  • ABS gets landmark German recognition
    Germany's See-Berufsgenossenschaft has approved ABS as a recognized organization for conducting safety surveys on German-flag vessels.

World Wide Shipperweb site
FEBRUARY 25, 2002
  • Port of Port Angeles taps Hart Crowser for repair and marine trade guidance
  • Consolidated Freightways gains $45 million in new financing
  • ITC looking for public input of free trade pact with Singapore
  • Port of Vancouver, USA hires environmental specialist
  • Ex Coos Bay port manager passes away in Indiana

The East Africanweb site
  • Mv 'Mapinduzi' Resumes Service to Dar, Mainland Ports
  • 'Shipowners Must Provide Security for Their Vessels'
  • Mombasa Cruise Services to be Privatised

Lloyd's Listweb site
  • Star Cruises hit by September 11 slump
    Star Cruises, the world's fourth largest cruise line, said yesterday a slump in business following the September 11 attacks resulted in a loss of HK$16m for the year ended December 31, based on Hong Kong accounting standards.
  • Bulker rout after Cyprus flag tests
    An elderly panamax bulk carrier that was deemed a risk to her crew has been scrapped as a result of the Cypriot maritime administration's first longitudinal strength tests, which got under way last year.
  • AP Møller profits set to shine as new laws lift lid on performance
    AP Møller will reluctantly publish more detailed accounts later this year that will make the group's results look dramatically better, writes Janet Porter.
  • Kiln volume to be lifted 74% by key agreements
    THE underwriting capacity of Lloyd's firm Kiln is set to rise sharply this year following two key agreements.

Fairplayweb site
FEBRUARY 25, 2002
  • Rotterdam plans Waalhaven development
  • Panama needs maritime strategy
  • Panama registry needs review
  • US Supreme Court hears FMC dispute
  • Liquid terminal giant emerging
  • Ferries boost French ports
  • Petersburg, Hamburg seal box deal
  • Essar Bermuda slow to take off
  • Bimco wants more Indians
  • Govt officials in dredger scandal
  • American Club manager de-merges
  • Ennore plans $281M expansion
  • NZ log ship freed
  • BLG takes 50 per cent of Harms
  • One dead as bulker sinks
  • Gdynia strike ended
  • Hope Downs seeks second ore berth
  • Vallarpadam to be fully privatised
  • Korea-China ferry traffic rises
  • Israel, Ukraine sign marine pact
  • Corus boost to inland shipping
  • Korean strike slows box flow
  • Downturn hits Star Cruises
  • Malta to pay early retirement bonus
  • Zim slashes war risk surcharge

The Journal of Commerceweb site
FEBRUARY 25, 2002
  • DHL slates new U.S. op center
    The logistics provider will centralize its domestic network control, and some global oversight, in Arizona.
  • Lines sue over Manila fee hikes
    Carriers want a Philippines court to rescind a 10% increase in cargo handling fees at Manila's two international terminals.
  • FedEx eyes hybrid electric trucks
  • BridgePoint offers Web ocean contract management
  • Agent says FAA covered up security lapses
  • Genesee & Wyoming completes Emons acquisition
  • DM&E to acquire I&M Rail Link
  • U.S.-S. Europe lines hold bunker fee
  • Vastera buys Canadian trade management firm

Antwerpse Lloyd n.v.web site
  • BLG acquiert 50% du groupe allemand Harms
    Les groupes brêmois BLG logistics et E.H. Harms sont arrivés à un accord sur la prise de participation du premier dans le second. Rappelons qu’en décembre dernier, notre publication-soeur DVZ révélait que des négociations étaient en cours (LL du 28 décembre 2001). Ce même jour de l’année passée, on apprenait que Bremerhaven perdait son leadership européen dans les trafics automobiles, étant détrôné de justesse par Zeebrugge. L’acquisition par BLG de 50% du transporteur de voitures Harms s’inscrit dans le contexte de cette lutte. Bremerhaven (majoritaire dans BLG) veut devenir plus attrayant en offrant une palette de services plus large.
  • Evergreen Marine a lancé ses nouveaux services pendulaires
    Pour l’armement taiwanais Evergreen, le mois de février 2002 marque la fin d’une époque, celle des services tour du monde east et westbound. Une page de son histoire est ainsi tournée. Un autre chapitre commence: celui des services pendulaires. Pour les chargeurs, cette mutation implique peu de changement étant donné que les fréquences restent hebdomadaires à jour fixe et l’armement a veillé à maintenir la même couverture de marchés.
  • Steve Stevaert: “Chaque franc affecté à la voie d’eau est bien investi”
    Le nouveau terminal roro pour charges lourdes construit le long du canal Albert à Geel via un partenariat public-privé entre le Dienst voor de Scheepvaart (80%) et l’exploitant Roro-Trans a été inauguré officiellement vendredi par le ministre flamand de la Mobilité, Steve Stevaert. Le projet cadre dans le programme de murs de quai du gouvernement flamand, dont le ministre Stevaert est le grand artisan. Il a dès lors profité de l’occasion pour défendre sa politique en la matière devant une colonne de 460 tonnes et 73 m de long, embarquée le lendemain à destination de l’Extrême-Orient.
  • CMA CGM à la recherche d’expéditeurs-logisticiens
    Comme tout méga-carrier qui se respecte, l’armement CMA CGM entend s’impliquer totalement dans la logistique, l’objectif étant d’assurer un service plus complet à la clientèle, c’est-à-dire offrir une logistique intégrée s’inscrivant dans le contexte dit “supply-chain”, d’aider la croissance et par la même occasion de mieux contrôler les flux de trafic. On sait que l’armement a déjà mis en place une organisation appelée “Logistics Link”, qui est opérationnelle en Asie et en Europe où un partenariat a été réalisé avec Giraud Logistic. L’armement veut aller plus loin. Ainsi que le président J. Saade l’a confié à notre confrère “Trade Winds”, l’armement cherche maintenant à acquérir un groupe d’expédition-logistique de taille moyenne, soit en Europe, soit aux Etats-Unis, groupe qui a une présence tant en Asie qu’aux USA et traite un trafic de l’ordre de 100.000 TEU dans chaque sens avec l’Europe.

TradeWindsweb site
FEBRUARY 25, 2002
  • Bulk carrier hits tugboat in Maryland
    Four crew members from the sunken tugboat remain missing after collision with AV Kastner.
  • Frontline earnings collapse
    John Fredriksen VLCCs trade below breakeven through final quarter.
  • CP Ships shares rated Hold
    Poor industry pricing conditions could delay earnings recovery.
  • EC clears CAT purchase
    Wallenius plan to transfer holding in Renault logistics offshoot approved.
  • Another analyst turns bearish on Teekay
    Lazard Freres joins JP Morgan in cutting the tanker company's EPS for 2002.
  • Namsos losses mount up
    Red ink spills over for Norwegian passengership owner, despite improved sales.
  • No deal on Nakhodka spill
    Battle over "unseaworthy" tanker continues despite reports of $188m deal.
  • New bids to be called for Vallarpadam
    Work could start next year on new southern Indian boxship hub.
  • Renaissance rumours rumble on
    More names are being linked to the vessels formerly owned by the collapsed cruiseship player.
  • St. Lawrence Seaway sets reopening date
    The Lake Ontario sections and the Welland Canal will be open to traffic on 26 March.
  • Dagfinn Lunde moves up
    Elevation of ex-Intertanko chief signal NedshipBank not for sale.
  • IHI sets spin off deadline
    Japanese yard will tie up its shipbuilding forces with Sumitomo on 1 October.
  • Essar Shipping's joint-venture plan on hold
    Plans to divest shares in its new subsidiary to foreign partners fail to draw any interest so far.
  • NYK takes control of affiliate
    Japanese group's intra-Asia boxship services to be combined with subsidiary Tokyo Senpaku Kaisha.
  • Vietnamese shipbuilders extend skills
    Country plans first shipbuilding expo as yards prepare to start on prototype tanker.
  • Star Cruises up for grabs "if price is right"
    Fourth largest cruise company could be target for the loser in race for P&O Princess.
  • ACL goes ahead with delisting
    The last trading day for the Oslo listed stock is set for 1 March.
  • Two VLCCs head to the breakers
    China and Bangladesh are still active scrap buyers but India waits to hear what the budget will bring.
  • Tordenskjold back in the money
    Fleet upgrade pays off for Norwegian cement carrier and bulker owner.
  • ExxonMobil ex-seafarer awarded $5.1m
    Oil major told to pay compensation for cancer allegedly caused by crude oil fumes.
  • Pan United sees 49% profit jump
    Buoyant marine sector and China contributions help lift profits at Singapore marine group.

›››File
FROM THE HOME PAGE
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
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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