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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:41 GMT+1
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BRIEFS
November 18, 2004
The Business Timesweb site
Shipping News
  • HK port needs new terminal, cost cuts
    HONG Kong will need a new container terminal by 2015 and must cut costs to stay competitive with the neighbouring Chinese port of Shenzhen, a government-commissioned study said.
  • NYK, Russian firm to build 4 LNG tankers
    NIPPON Yusen K K, Japan's biggest shipping company, and OAO Sovcomflot, a Moscow-based shipowner, have formed a joint-venture company to build and own four liquefied natural gas carriers, Nippon Yusen said in a statement.
  • Thailand begins to scan boxes bound for US
    THAILAND and the United States on Tuesday started a security initiative that scans containers bound for the US to prevent terrorist attacks.
  • Fire damages Kolkata port
  • Philippine operator's 9-month profit more than doubles
  • A P Moller places order with Samsung for 2 LNG tankers

Sched Netweb site
  • HK handles over 18 million TEU through October
  • Hamburg Sud change service due to WC congestion
  • Barshefsky to address China logistics conference
  • PSA moves more TEU over first 10 months
  • 2005 won't be good, predicts top HK economist
  • IMDG Code compliance is mandatory, warns TT Club
  • Emirates reports record profit
  • Air-India to introduce more US services
  • Third Italian firm joins EGSAC
  • FedEx best cargo airline, says magazine

Exim Indiaweb site
  • UK P&I Club looks for fitter crew in India
  • Varun Shipping acquires 7th LPG carrier
  • 15 lakh bales of cotton may be exported
  • KoPT seeks MoS' nod to acquire trailer suction dredger
  • CFSs' labour issues to be tackled today
  • NSICT pendency comes down to 'manageable' levels
  • Committee submits report
  • Bigger deal for small units proposed
  • Indian firms to help Iran develop port and railway projects; MoU signed
  • 2 major steel producers hike prices
  • Trade awaits clarification on DEPB applicability for third-party exports
  • Industrial production records 7.9 pc growth in April-September
  • Survey finds excellent export potential for technical textiles

The Bunker Bulletinweb site
NOVEMBER 17, 2004
  • Petrobras to reopen terminal, bunker slick reported in Paranagua
    Bunker fuel slick 'extending for miles' in Paranagua port area following explosion on Chilean methanol tanker Monday.
  • Oil executive forecasts $28 per barrel crude
  • Crude market mixed after contradictory US inventory reports
    DOE figures show smaller-than-expected crude build and another draw on distillates, but crude prices eased after initial rally.
  • DOE: US oil product stocks mostly lower
  • Cargo realignment pushes Piraeus up
  • South Korean suppliers expect spot prices to fall further
  • First of four environment protection ships launched in Cape Town
    Cape Town witnessed the launch South Africa's first environmental protection vessel yesterday.

International Transport Journalweb site
NOVEMBER 17, 2004
  • Port of Rotterdam goes electronic
  • FMCSA presses carriers to verify driver hours of service
  • Hellmann Worldwide Logistics serves cruise companies
  • Kansas City Southern opens tank car loading rack at Heavener
  • Boeing to launch 777 freighter
  • Port development in Chabahar
  • In memoriam Aldo Gatti, president of Ambrosetti Autologistics

Maritime Global Netweb site
NOVEMBER 17, 2004
  • Stelmar shareholders reject Fortress bid
  • Camillo Eitzen finalises Gibson deal, rejigs chemical operations
  • Six dead after Brazil tanker blast
  • Cosco buys into Antwerp Gateway

Marine Logweb site
NOVEMBER 17, 2004
  • Chemical industry seeks more offshore gas drilling
  • TSA tests TWIC prototype
  • OMI gets financing for vessel acquisitions
  • Victory for Stelios

Lloyd's Listweb site
  • EU Transport White Paper faces revamp
    A COMPLETE review of the EU's seminal work on transport policy will be published in the second half of next year, according to a top Brussels bureaucrat.
  • Haji-Ioannou eyes Stelmar chair
    STELIOS Haji-Ioannou expects Stelmar Shipping's four non-executive directors to co-opt him on to the board, in a first move towards becoming interim chairman.
  • Spitzer widens probe to include reinsurance
    THE investigation by New York attorney general Eliot Spitzer into practices of the insurance industry is widening into financial reinsurance.
  • Relief in sight as bunker and oil prices dip
    BUNKER prices are falling on the back of declining oil prices, giving ship owners some relief from the high operating costs seen since oil climbed above $50 a barrel.

Fairplayweb site
NOVEMBER 17, 2004
  • Mangouras to leave Spain
    PRESTIGE captain Apostolos Mangouras is to return home to Greece after a court in Galicia accepted in part a further appeal made by lawyers seeking his freedom
  • Stelios sets Friday deadline
    STELMAR founder Haji- Ioannou has demanded that independent directors install him as chairman and sack the chairman, chief executive and chief financial officer in the wake of the vote on the Stelmar-Fortress transaction
  • FFAs overtake physical market
    THE value and volume of forward freight agreements have overtaken the physical market for the first time, it was revealed today
  • Shell sells Mexico Gulf pipelines
    SHELL announced this morning the sale of its gas transmission subsidiary that controls a number of pipelines in the Gulf of Mexico
  • LUKoil plans rail exports to Asia
    LUKoil, which has become Russia's leading producer and exporter, has told Fairplay it is planning new exports by both rail and port shipment to China and Japan
  • Paranagua blast: update
    ONE body has been found but three people are still missing, feared dead, following the tragic incident on the chemical/oil tanker Vicuna in Paranagua, Brazil on Monday night
  • No help for misled passengers
  • Santos 'should drop bulk for boxes'
  • Algerians investigate groundings
  • New RTGs at Manila South Harbour
  • Cocoa shipments are casualty of war
  • Posco secures 100M tonnes of ore
  • LA Council rejects Keller contract
  • Camillo Eitzen drops tanker venture
  • Fine for sunflower oil pollution
  • Crushing defeat 'unprecedented'

The Journal of Commerceweb site
NOVEMBER 17, 2004
  • Testing for U.S. transport ID card
    Department of Homeland Security launches seven-month test of single identification card for transportation workers.
  • Global jam to slow trade: APL chief
    Widdows says trade threatened by port and rail congestion not just in U.S. but worldwide.
  • EU tariffs target U.S. anti-dumping law
  • NOL's Lim to keynote Journal of Commerce 2005 Trans-Pacific Maritime Conference
  • Dollar at all-time low against euro
  • Hoffa wants probe in killing of union organizer
  • More safety checks sought for Union Pacific
  • CP Ships appoints execs
  • China pledges $19B Argentina investment
  • New cranes for Miami
  • Moody's ups MOL rating
  • Management Dynamics supports NVO contracts

Containerisation Internationalweb site
NOVEMBER 17, 2004
  • Australian breakthrough in Chinese meat market
    Australian beef, sheep and goat meat exports to China are set to increase following the Chinese Government's acceptance of Australia's meat export inspection system.
  • Feeders suffer as charter market maintains upward trajectory
  • NZ export king in 20-year logistics deal
  • Lines cry foul over Gothenburg security surcharges
  • Inchon offers incentives to attract cargo
  • Shanghai hits back at Yangshan detractors
  • Rotterdam feeder terminal orders Fantuzzis
  • City council rejects plan to rehire former LA port chief
  • CP Ships reshuffles Atlantic management

TradeWindsweb site
NOVEMBER 17, 2004
  • Trailer Bridge nails 9.25%
    Company gets minuscule bond issue off the ground as investors come running.
  • OMI ups dividend...
    ...and also secures knock-down pricing on latest loans.
  • Finns strike Aker again
    White-collar workers are on strike against planned job cuts by Aker Yards.
  • Less red on Green
    Norway's Green Reefers says it is losing less money.
  • More Italian business for Minoan
    Greek ferry operator pushes up market share in Venice and Ancona.
  • Expensive break-up
    The Stelmar auction debacle may have cost shareholders some $2.50 per share.
  • Stelmar could reopen bidding
    The Haji-Ioannous say over 80% of shareholders sided with them against the 'fat cats'.
  • Eitzen plots chemical future
    Norwegian owner Axel Eitzen reorganises tanker interests after quitting Copenhagen pool, and ties up Gibson Gas deal.
  • Ferry passengers escape fire
    More than 300 people rescued from blazing vessel off Dalian in China.
  • NNC notches profit
    Hot market propels Egyptian bulker player to big jump in profits.
  • Body recovered from Vicuna
    Chilean prosecutor to investigate blasts that sank tanker and killed up to four crew in Brazil.
  • Third quarter lifts Jinhui
    Bulker owner recovers from disastrous freight future losses in strong market.
  • Axel exits Copenhagen Tankers
    Camillo Eitzen & Co is parting ways with fellow founding partners of chemical tanker pool.
  • Matson hikes Hawaii rates
    US Jones Act container line to implement freight rate rise to help meet investment and service costs.
  • Taiheiyo profits triple
    Full fleet utilisation helps drive up interim bottom line at Japanese VLCC and bulker owner.
  • Oglebay plan approved
    US bankruptcy judge confirms Great Lake shipowner's amended debt reorganization plan.
  • Excel takes another bulker
    US-listed bulker player is acquiring second twenty-year-old handysize bulker in as many weeks.
  • Asimar turns it around
    Exceptionals plus extra workload return stock-listed Thai shipbuilder and repairer to the black.

American Shipperweb site
NOVEMBER 17, 2004
  • APL's CEO deplores West Coast congestion
  • Container association formed to cooperate on standards
  • Moody's upgrades NYK ratings to 'A3'
  • FEFC implements St. Petersburg surcharge
  • Stelmar stockholders reject takeover bid
  • Cronos doubles earnings in third quarter
  • Nordic American Tankers moves to NYSE
  • OMB approves new FMC form on NVO contracts
  • U.S. shipper, broker groups agree on model contract
  • Management Dynamics introduces NVO software module
  • Official says WTO will not 'cave in' to domestic textile groups
  • CBP official clarifies pre-election statement
  • Denmark's defense ministry picks Savi to build RFID system
  • SEKO names Iannacchione to head client program
  • New book for supply chain professionals
  • MicroFridge picks Ryder to integrate supply chain
  • COSCO enters European port market

The Scandinavian Shipping Gazetteweb site
NOVEMBER 17, 2004
  • "Superfast VII" out of service
    Superfast Ferrie's "Superfast VII" will be out of service to the end of November. On 12 November, the ferry was ...
  • Port of Göteborg shelves ISPS fee
    On 1 October, the Port of Göteborg in Sweden started to charge a security fee to cover increased costs for ...
  • Swedish MPs want a common traffic inspection authority
    A majority in the Swedish Parliament's traffic committee wants to join the safety inspectorates for shipping, railway, road and air ...

›››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%)
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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Editor in chief: Bruno Bellio
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