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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:48 GMT+1
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BRIEFS
November 9, 2004
The Business Timesweb site
Shipping News
  • Tanker grounding shuts Suez Canal
    SHIPPING through Egypt's Suez Canal was halted for a second day after an oil tanker ran aground, clogging the waterway and delaying traffic, officials and government newspapers said.
  • ASMI calls for steps to keep competitive advantages
    A change of mindset is needed in Singapore's marine industry if it is to meet and beat the ever intensifying regional and global competition, said the head of the Association of Singapore Marine Industries .
  • Port woes, coal shortage threaten steel mills
    PORT congestion is deteriorating yet again around the world, which may force steel mills to review their production plans for next year and their future expansion projects, especially as coking coal is in shortage.
  • Aussie port to continue coal shipping quotas
  • Hyundai Heavy wins 631b won NYK order for 8 vessels

Sched Netweb site
  • HK faces challenges if it is to remain logistics hub, says DHL
  • VPA's Captain Houston promotes int'l trade at a China trade event
  • TAL International Group, Inc. acquires T MC
  • KCRC wins rail freight operator of the year award
  • MPA, NUS work together on maritime research initiative
  • Trans Ocean Distribution opens new facility in Shanghai
  • CSX reports US$123 million 3Q profit
  • GAC Marine Logistics appoints three executives
  • Cathay Pacific to fly daily to Beijing
  • Boeing orders made by Hainan Airlines
  • SriLankan Airlines adds 11 flights to India
  • British Airways appoints competition specialist to board

Exim Indiaweb site
  • SCI, GE Shipping, Varun set to enter fray for Petronet LNG contract
  • Shipping Secy urges IPBCC not to impose congestion levy at JNP & Mumbai Port
  • US imposition of anti-dumping duty on shrimp may invite Asian retaliation
  • Export of auto components to touch $ 20 bn in a decade
  • $ 150 m Exim Bank loan for Sri Lanka
  • African Bank seeks Indian investments
  • Taiwan may haul India to WTO on dumping issue
  • Japan keen on investing more in India
  • Australia set to review anti-trust immunity for liner shipping
  • Kolkata Dock System sets scorching pace of 25 pc growth in container handling
  • Port workers hold demonstration
  • Global port operators shift focus to EPL's box terminal project
  • Port of Zeebrugge, Belgium, sounds ChPT on possible tie-up in car export
  • Railways finalises Rs 24,000-cr. modernisation plan
  • Common regulator for transport sector on cards
  • Forex reserves up by $ 980 million to $ 1,20,616 million
  • India Inc profits up by 26.4 pc in H1
  • Forex reserves climb to $ 121.2 bn
  • World Bank lending to total $ 3 bn a year
  • Abolish 'sunset clause' in I-T Act'EOUs
  • CII pegs GDP growth at 6.5 pc in 2004-05
  • P&I Club Board raises premium
  • 3-day 'Maharashtra Agri Food-2004' on at WTC
  • Air cargo business set to double in 2005

The Bunker Bulletinweb site
NOVEMBER 8, 2004
  • Shell divests parts of Caribbean bunker business
    Divestment campaign sees oil major sell off Caribbean fuels network, including marine business.
  • Petrobras Bunkering employs two new managers
  • Bearish cargo fails to dent Gibraltar gas oil
  • Suez Canal could reopen Tuesday, severe vessel backlog
    Shipping agency estimates around 150 vessels are blocked from transiting the Suez Canal as tanker grounding causes first closure since 1975.
  • Rotterdam trade market slips from morning levels
  • Singapore: Containership runs aground
    The MPA issued a release today stating that anti-pollution craft have been deployed as a precautionary measure after a containership ran aground in Singapore port waters.
  • Shipping lines pledge to use Singapore arbitration service
    Several shipping lines have pledged to use the dispute resolution services of the Singapore Chamber of Maritime Arbitration (SCMA) at its launch today.

International Transport Journalweb site
NOVEMBER 8, 2004
  • ANZDL launches new website
  • FMCSA: Chassis rule delayed until next year
  • Salvesen and TDG: merger talks off
  • New ro-mo Neumünster-Darmstadt under consideration
  • Orient Thai planning low-cost Hong Kong service
  • Arkas takes delivery of "Gabriel A"
  • New head for Qatar Airways in Austria

Maritime Global Netweb site
NOVEMBER 8, 2004
  • Suez Canal blocked
  • Swedish Club raises premiums
  • Arlington tankers starts trading
  • Nordic American Tanker's IPO

World Wide Shipperweb site
NOVEMBER 8, 2004
  • Port of Vancouver, BC sending trade team to Asia
  • Northwind Marine builds fireboat for Bainbridge Island
  • Port of Portland schedules airport noise committee meet
  • Insurance club plans 10 percent rate hike
  • UPS adding flights to Shanghai, China

Lloyd's Listweb site
  • Ship log-jam after Suez Canal tanker grounding
    THE Suez Canal could remain closed at least until tomorrow following the transverse grounding of a Sovcomflot tanker on Saturday.
  • LNG debut in US ship ordering bonanza
    Leading US tanker operator Overseas Shipholding Group has confirmed its debut in liquefied natural gas shipping as part of the first tranche of potentially the largest ever ship ordering bonanza, write Sam Chambers and Tony Gray .
  • Capesize rates heading for historic highs
    CAPESIZE rates have crashed through the $100,000 a day barrier for the third time in a year, and look set to challenge historic highs.
  • Torrijos hints at canal lock expansion as he praises Panama maritime sector
    PANAMA'S president Martin Torrijos has placed his faith in the country's maritime industry ' driven by an expanded Panama Canal ' in his bid to strengthen Panama's position as a regional distribution, shipping and banking centre.

Fairplayweb site
NOVEMBER 8, 2004
  • Grounding closes Suez Canal
    THE Suez Canal has closed for the first time since 1975 following the grounding of a Liberian-flagged, double-hulled tanker
  • UK tax regime could hit Adsteam
    TOWAGE operator Adsteam has warned that its earnings could be hit by changes to UK's tonnage tax regime
  • Hanjin Shipping makes record gains
    SOUTH Korea's Hanjin Shipping has announced 'record-breaking' 2004 third quarter results
  • Korea bans pork imports
    SOUTH Korea's agriculture ministry has temporarily banned pork and related product imports from the Netherlands, Belgium and Germany
  • Petronet to complete Dabhol LNG
    THE Indian government has asked Petronet LNG to take over and complete Dabhol (Maharashtra) Power's unfinished 5Mtpa LNG import terminal so it can be sold
  • Crews balloted over strike action
    IRISH seafarer unions SIPTU and the Seamens' Union of Ireland have started balloting their members for industrial action in response to Irish Ferries' redundancy plan
  • Scrapping of Sandrien begins
  • Lauderdale terminal up for auction
  • Independent OK for Stelmar sale
  • Vessel hits offshore platform
  • Captain of Winner is loser
  • Gas closes Houston Channel
  • Ferries suffer as Eurostar rises
  • Container lessor sold
  • Box rates boost Sea Containers
  • Mumbai surcharge contested

The Journal of Commerceweb site
NOVEMBER 8, 2004
  • So. Cal. to speed up extended gates
    Marine terminal operators in LA-Long Beach accelerate plans to shift some truck traffic to nights and weekends.
  • FedEx raising rates
  • DHL boots U.S. boss
  • Grounding of tanker closes Suez Canal
  • NOL volume up on higher capacity
    Parent of APL said freight volumes rose 16 percent in the four weeks to Oct. 15.
  • New leadership for NY-NJ Port Authority
  • Tropical income rides out storms
  • Norfolk Southern , CN add CPR to eastern U.S. initiative
  • Port of Tacoma OKs waterway cleanup
  • Yoshitani joins Secure Ports Coalition
  • Sea Containers pumped by box boom
  • Korean shipbuilders see more Japan orders
  • Panama Canal sets vessel record
  • STX jumps into shipping
  • Hong Kong air freight stronger

Containerisation Internationalweb site
NOVEMBER 8, 2004
  • Maasvlakte 2 in opposition sights as Rottergate financial irregularities bite
    Dutch opposition parties hope to prevent the Dutch Government from any binding commitment on the second Maasvlakte, until there is some clarity over the municipality's exposure following the Rottergate revelations.
  • Tanker blocks Suez, up to 90 ships delayed
    An accident involving a tanker has blocked the Suez Canal since Saturday blocking traffic in both directions causing an unknown number of containerships significant delays.
  • South Korea halts EU states' pork imports
  • Cocoa suffers as war returns to Cote D'Ivoire
  • Darwin to get China direct service
  • EWATA Carriers say October increases are holding
  • NYK orders eight panamaxes from HHI
  • Three freight railroards co-operate in eastern North America
  • Dutch dockers cancel strike
  • Canadian delegation on Asian mission

TradeWindsweb site
NOVEMBER 8, 2004
  • Bulking up
    Excel Maritime follows $200m shelf filing with second-hand buy.
  • More gas in the tank
    Artnzen says LNG outlay won't hurt OSG's ability to wheel and deal.
  • Suez snarl tops 100
    Growing vessel backlog may not see relief until Wednesday.
  • Asbestos payout challenge
    Courts to decide on compensation rights of UK shipyard workers' and families.
  • STX boards Pan Ocean
    South Korean shipbuilder completes $375m takeover that gives its control of Pan Ocean.
  • Sovcomflot suezmax shuts Suez
    Waterway closed for first time in nearly 30 years as steering failure sends Tropic Brillance aground
  • OSG confirms gas deal
    New York owner will spend more than $900m on four newbuildings for Qatar project.
  • Koreans confirm LNG deals
    Hyundai and Samsung share $916m gas carrier deal while Daewoo waits its share of the booty.
  • Bid to reopen Suez begins
    Lightering vessels and Smit salvage master head for stricken Sovcomflot suezmax.
  • Petronet seeks 3 LNG carriers
    State owned Indian gas importer calls for bids to provide three vessels.
  • Hyundai in NYK box bonanza
    South Korean shipbuilder in $570m deal to build eight 4,900-teu containerships.
  • Swedish Club goes for 10%
    Protection and indemnity claims on Gothenburg based mutual are running at lower than forecast levels.
  • Boxship grounds off Singapore
    Containership on charter to Regional Container Lines left high and dry off Raffles Lighthouse.
  • NATS plans share issue
    Funds from the issue will be used initially to fund acquisition of suezmax Wilma Yangtze (built 1997).
  • BBC China's HFO removed
    Salvors have completed the removal of the heavy fuel oil from ship stricken off South Africa.
  • MES maintains grip on profit
    Unprofitable businesses and typhoons send Japanese shipbuilder's interim results close to the red.

American Shipperweb site
NOVEMBER 8, 2004
  • Yang Ming raises annual profit forecast
  • Leasing profits soar at GE SeaCo
  • Equity firms acquire Transamerica Maritime Containers
  • Fred. Olsen names new 40-knot ship
  • FedEx announces 2005 rate increases
  • Trade dispute over taxes won't go away
  • ITC: Certain aluminum plate from South Africa does not injure Alcoa
  • Containership runs aground near Singapore port

The Scandinavian Shipping Gazetteweb site
NOVEMBER 8, 2004
  • Birka Paradise delivered
    Birka Line has taken delivery of its cruise vessel "Birka Paradise" from the builder, Aker Finnyards in Raumo. The EUR ...
  • Arlington Tanker share over-subscribed 14 times
    The introduction of the Arlington Tankers share was a success, described by several analysts as one of the most successful ...
  • Bad instructions and maintenance let to loss of two lives
    The sinking of the schooner "Martha" in July 2004 with the loss of two lives was caused by insufficient maintenance ...

›››File
FROM THE HOME PAGE
PORTS
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
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
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
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
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
ENVIRONMENT
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
COMPANIES
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
PORTS
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
INDUSTRY
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
PORTS
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.
COMPETITION
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
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
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.
ENVIRONMENT
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
LOGISTICS
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%
SHIPPING
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%
PORTS
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
SHIPPING
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
SHIPPING
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.
PORTS
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
SHIPPING
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
PORTS
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%)
PORTS
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
SHIPYARDS
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
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
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.
EDUCATION
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
MEETINGS
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"
MOURNING
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
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
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
SHIPPING
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
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
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
PORTS
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%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
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.
LOGISTICS
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.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
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
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
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
PORTS
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
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
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
SHIPYARDS
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
SHIPPING
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
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
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
PORTS
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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