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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:25 GMT+1
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BRIEFS
November 17, 2004
The Business Timesweb site
Shipping News
  • Sinwa acquires 3 Australian firms
    AIMING to capture over a third of the Australian marine supply market within three years, Singapore-listed marine supply and logistics provider Sinwa Ltd has acquired three Australian companies.
  • S'pore-owned vessel held for deficiencies
    A ship owned by a Singapore-based company was among eight vessels detained in UK ports last month for safety violations, according to the country's Maritime and Coastguard Agency .
  • Israel's Zim aims to expand fleet and operations
    ISRAEL's largest shipping firm Zim Integrated Shipping Services aims to boost its fleet through a series of purchases and is in talks over expanding its shipping lines, company officials said.
  • Brazilian port closed after ship explosion
  • Declare dangerous goods, or risk claims
Strait Talk
  • Jacks of all trades could pose safety hazard
    ON many small, coastwise vessels with modest size, crews, the cook or the engineer is unlikely to be perturbed if told to make fast a mooring line as the vessels docks.

The Business Timesweb site
Shipping News
  • Sinwa acquires 3 Australian firms
    AIMING to capture over a third of the Australian marine supply market within three years, Singapore-listed marine supply and logistics provider Sinwa Ltd has acquired three Australian companies.
  • S'pore-owned vessel held for deficiencies
    A ship owned by a Singapore-based company was among eight vessels detained in UK ports last month for safety violations, according to the country's Maritime and Coastguard Agency .
  • Israel's Zim aims to expand fleet and operations
    ISRAEL's largest shipping firm Zim Integrated Shipping Services aims to boost its fleet through a series of purchases and is in talks over expanding its shipping lines, company officials said.
  • Brazilian port closed after ship explosion
  • Declare dangerous goods, or risk claims
Strait Talk
  • Jacks of all trades could pose safety hazard
    ON many small, coastwise vessels with modest size, crews, the cook or the engineer is unlikely to be perturbed if told to make fast a mooring line as the vessels docks.

Sched Netweb site
  • CP Ships posts 3Q profit rise
  • China logistics industry lags: experts
  • Shanghai economy not what it seems to be
  • RCL sails to 3Q record profit
  • Alloga, K+N join forces
  • AA receives some govt support for its bid to fly to China
  • Fraport reports strong October growth
  • Air Canada orders more Embraers
  • TIACA enlists record 60th member airline in 2004

Exim Indiaweb site
  • INSA wants I-T clause on ship acquisition withdrawn
  • P&I Club hikes premium rate
  • Wreck, pollution cover may be made mandatory for ships' entry into ports
  • EU to ease auto component import norms
  • Plea against scrap metal inspection order dismissed
  • China may receive 10,000 tonnes of Indian soyameal this week
  • Exim Bank LoC to Myanmar, Brazil
  • VPT Chairman gets addl charge of Director, NSDRC
  • 7 companies respond to Kandla Port Trust's capital dredging tender
  • Forex reserves hit the $ 121-billion mark
  • Mid-term policy to ease congestion at ports soon'DGFT
  • Gujarat considering extending ports development concession pact period by 20 years
  • Law to curb imports of plastic wastes by EOUs coming
  • Ore exporters' short-run optimism tinged with long-term caution
  • In-principle nod for 4 more SEZs
  • Govt set to slash basic peak Customs duty by 5 pc in 2005-06 Budget
  • New norms for import of sensitive items being framed
  • Govt studying proposal to build 5 greenfield airports
  • SEZ Bill to be introduced in winter session
  • British MPs find fault with Indian shipbreaking conditions
  • CII to organise 8-nation car rally to boost India-Asean trade
  • IMDG Code compliance is mandatory, emphasises TT Club
  • Indo-Romanian Chamber of Commerce to be set up in Mumbai soon

The Bunker Bulletinweb site
NOVEMBER 16, 2004
  • Worldscale ups 2005 bunker price average
    Freight rate monitoring body sets 2005 bunker price cost average at $173 pmt, up $5.25 pmt from 2004.
  • Ecuador oil product export revenue jumps 107%
  • Two-month lows could spur Asian fuel oil demand
    Sharp drop in fuel oil values could revive Chinese buying interest and re-ignite flagging bunker buying interest in Singapore.
  • Brazil: Up to six killed in methanol tanker explosion
    Port operations in Brazil's main grain port of Paranagua resumed today as search continues for missing crew members on Chilean-registered tanker.
  • Fujairah bear market sustained by post-holiday cargo falls
  • Hong Kong bearish despite tight avails
    Bunker prices in Hong Kong continued to soften today despite ongoing lack of product in the port, while Taiwanese distillates prices remained static for the time being.
  • FTS-Hofftrans close to completing barge newbuild programme
    Last in a series of large double-hull newbuild bunker barges to be operational in ARA range by end of November.
  • Rotterdam/Antwerp trade market in line this morning

International Transport Journalweb site
NOVEMBER 16, 2004
  • Boeing to launch 777 freighter
  • Port development in Chabahar
  • In memoriam Aldo Gatti, president of Ambrosetti Autologistics
  • Tele Atlas: comprehensive Eastern European expansion
  • EU Commission proposes port services directive
  • Spanish logistics group Logista acquires Geopost Logistics
  • Con-Way Central Express launches new LTL centre
  • Swiss: positive quarterly results
  • Felixstowe celebrates Trinity III.2 completion
  • New general manager for Pacorini

Maritime Global Netweb site
NOVEMBER 16, 2004
  • Strong Q3 for Ship Finance
  • MOL, "K" Line in LNG deals
  • Itochu, Mol, and Sonatrach orders 2nd medmax LNG ship
  • TT warns on hazardous goods code

Marine Logweb site
NOVEMBER 16, 2004
  • NY Waterway "may be shutting down"
  • Now its Keppel AMFELS

Lloyd's Listweb site
  • Four feared dead as explosions rip tanker in two at Paranagua
    TWO seafarers and two inspectors were missing, feared dead, yesterday after a double explosion ripped through an Ultragas-owned tanker in the Brazilian port of Paranagua on Monday.
  • Fortress bid falls as Stelmar votes to back Stelios
    STELMAR'S shareholders yesterday rejected the $40 per share cash offer for the company from investment firm Fortress, triggering a new phase in the bitter struggle over the fate of the tanker company.
  • Mangouras home for Christmas - but back by Easter?
    APOSTOLOS Mangouras (left), master of the Prestige, will soon be heading home, albeit temporarily, writes Brian Reyes in Gibraltar.
  • Russia told to clean up act on transport of oil
    THE European Union's incoming energy commissioner has warned Russia to clean up its act in the field of maritime safety if it wants closer ties with the world's largest trading bloc.
  • Election key to UK naval yards link-up
    BRITAIN'S naval construction industry is expected to have a blueprint for its future by Christmas, with south coast shipbuilder VT yesterday indicating that an overhaul is likely to take place before the general election next spring.
  • Number's up for Euclidian unit
    A MEDIUM-sized operation run by Euclidian Underwriting at Lloyd's has been placed into run-off, as the market completes its rigorous review of business plans for 2005, writes James Brewer.

Fairplayweb site
NOVEMBER 16, 2004
  • Stelmar seeks new buyer
    STELMAR Shipping is in the market for a new suitor after yesterday's lopsided 'no' vote by shareholders to the Fortress sale. Minutes after chairman Nick Hartley officially acknowledged the resounding defeat of Fortress' offer, independent board members solicited a meeting with company founder Stelios Haji-Ioannou, the man who personally engineered their defeat
  • PSA eyeing HK facilities
    SINGAPORE container terminal operator PSA International is said to have made an "aggressive bid" for a part stake in Hong Kong's Asia Container Terminals
  • Bomb hoax shuts Melbourne
    A bomb hoax forced P&O's West Swanson Dock container terminal in Melbourne to be shut for four hours today
  • Sinwa acquires Australian firms
    SINGAPORE marine supply company Sinwa Limited seeks to make its first foray into Australia with the acquisition of three Australian companies
  • Crushing defeat 'unprecedented'
    THE crushing defeat of the Stelmar board on Tuesday is being dubbed an "unprecedented" event in corporate shipping history
  • Stelmar decisively beaten
    THE Stelmar board will decisively lose its bid to win approval of the Fortress sale
  • Small gain for PD Ports
  • Box rates not expected to collapse
  • Passengers rescued from ferry fire
  • Gulf of Mexico oil and gas increase
  • Tanker blast: four missing
  • China, Brazil in rail-for-soya deal
  • CP Ships: post-05 outlook uncertain
  • Broström buys out partners
  • LA logjam spurs Hamburg-S'd cut
  • Fredriksen strengthens Korea stake

The Journal of Commerceweb site
NOVEMBER 16, 2004
  • FedEx challenges DOT
    Company plans to contest Department of Transportation order that demands repayment of $29 million in post-Sept. 11 aid to express unit.
  • Box maker to double output
    China's Singamas to build new factories, expand current facilities.
  • Barshefsky to speak at JoC China Trade & Logistics Conference
  • Crowley expands LatAm capacity
  • Brownsville port director dies
  • New chief for Indiana ports
  • More cooperation for Canadian railroads
  • IMO pressing for Malacca pilots
  • NYK enters LNG market
  • BNSF offers custom Web pages
  • Intermodal, metals drive P&W increase
  • Q3 loss for AirNet

Containerisation Internationalweb site
NOVEMBER 16, 2004
  • POP ties cargo to Antwerp as Cosco Pacific takes Deurganckdok share
    P&O Ports (POP) signed a deal with Cosco Pacific today giving the Chinese company a 25% stake in Antwerp's Deurganckdok with the Asian's shipping division committing cargo to the terminal.
  • CSCL mulls RTW withdrawal
    China Shipping Container Line (CSCL) is considering withdrawing from the Round-The-World Westbound (RTW) service it started earlier this year in partnership with Gold Star Line (GSL) and Norasia.
  • Hanjin's freight index slips again
  • Kodak set to sign deal with Kerry Logistics in Waigaoqiao
  • Canadian railways expand network co-operation
  • Grounding hits Bass Strait service
  • Monitor says congestion erodes Australian productivity successes
  • First 12,000TEU ships will be ordered within two years say GL
  • Long Beach appoints new maritime services MD

TradeWindsweb site
NOVEMBER 16, 2004
  • We want Stelios!
    Activist shareholders demand victorious shipowner play a big part in determining Stelmar's future.
  • Stelios in Stelmar success
    Founding shipowner scores early victory in bitter battle over tanker company takeover.
  • Worldscale moves up
    Tanker owners set to add to their wealth as the ratings for the New Year move higher.
  • Bribe charge for Wartsila worker
    Finnish engine maker says it was deceived over payments to third party for Gotland ferry units.
  • Four feared dead in Brazil blast
    Huge explosions rip through Ultragas tanker at Paranagua port, breaking ship in two and partially sinking it.
  • Ship seizures hurt Nenaco
    Philippine ferry owner emerges from restructuring to post nine-month loss.
  • BC builds profit
    Canadian owner improves performance in key summer months.
  • Daesun cuts losses
    But nine-month revenues dip at Korean boxship builder.
  • Aker order book improves
    Outlook for shipbuilding group improves despite high steel prices. Plans to axe 700 Finnish yards unchanged.
  • Vroon rounds up more livestock
    Dutch owner adds Corral Line carriers to fleet, following on from similar Labroy deal.
  • Algeria toll set to rise
    Hopes fade over fate of crewmembers missing from storm lashed Algerian and Turkish ships.
  • Seyang logs profit
    Korean timber carrier grows earnings and revenues in the first nine months of 2004.
  • Kyoei up on exceptionals
    Ship disposals and pension write-offs drive up interim profits at VLCC operator and NYK affiliate.
  • Profits rocket at Inui
    Japanese handysize bulker player sees a massive increase in interim results on the back of bulker boom.
  • Forex factor hits Jutha
    Foreign exchange gains last year and losses this year combine to cut 2004 third quarter profits.
  • AMFELS inks rig repair deals
    Keppel's US subsidiary secures repair work nearly $50m to repair and upgrade four jackup rigs.

American Shipperweb site
NOVEMBER 16, 2004
  • Miles sounds caution over potential industry downturn
  • Atlantic trade holds back CP Ships' 3Q results
  • U.S./Australia/NZ VSA cancels Los Angeles call
  • DOT orders FedEx to repay $29 million
  • Schneider National unveils stackable intermodal container
  • Supreme Court remands NVO forum case after "Norfolk Southern" decision
  • WTO starts negotiations on trade facilitation
  • U.S. begins free trade agreement talks with UAE, Oman
  • Ports of Portland, Vancouver to join forces
  • Filipino operator ICTSI trebles profits
  • Teofilo appointed head of maritime services at port of Long Beach

The Scandinavian Shipping Gazetteweb site
NOVEMBER 16, 2004
  • Aker Yards dismiss RCCL advice
    Aker Yard has dismissed outright the advice from Royal Caribbean Cruise Lines (RCCL) to build cruise ships in the Far ...
  • New Norwegian Coast Guard vessels approved
    The Norwegian Coast Guard will have five modern vessels built by private contractors and charter them in long term. Owners ...
  • Port of Helsingør sold
    The state owned port of Helsingør will be handed over to the municipal of Helsingør as from the end of ...

›››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%)
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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