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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
October 21, 2004
The Business Timesweb site
Shipping News
  • Panama considering canal toll fee increase
    PANAMA is considering increasing tolls for ships passing through the Panama Canal, to allow for a future expansion of the waterway, according to the state's Economy Minister Ricaurte Vasquez.
  • Controversial ship runs aground off S. Africa
    THE vessel at the centre of an international controversy last year very nearly made headlines again this week after initial reports said it was carrying a cargo of nuclear material following its grounding off the coast of South Africa.
  • Persian Gulf oil tanker rates hit record
    THE cost of shipping crude oil from the Persian Gulf to Asia rose to a record as oil companies and traders competed for ships to load cargoes in late November.
  • Shanghai Port's Q3 net rises 20%
  • Shipping costs to fall on China slowdown
  • Singamas to boost capacity by 56% by 2007
  • ON GOSSAMER WINGS

Sched Netweb site
  • HK throughput jumps 9.5 pc in September
  • ANL joins new SCX service with CMA CGM
  • Hainan industrial area to be transformed into a modern port city
  • IAL launches Asia service
  • Gridlock shows no signs of abating at Long Beach, LA ports
  • China to spend US$1.9b on dredging the Yangtze River
  • Polar allowed to enter Sino-US aviation market
  • CNY1.2b logistics joint-enterprise starts Shanghai operation
  • Karlta Airlines to begin Beijing-Doha service
  • Continental posts Q3 net loss

Exim Indiaweb site
  • GE Shipping acquires LPG carrier
  • TAMP asks CCTPL to refund to port users charges on boxes stacked during strike period
  • Yang Ming (UK) & Orient Shipping Services join hands to launch IDX service
  • Ships for delivery in 2008 to be costlier
  • Tea exports move up to 107.7 m kg during January-August 2004
  • Yeh hai ande ka funda!
  • Move to sign framework pact for PTA with SACU by Dec.
  • No move to curb private procurement of grains for export
  • Congestion at Cochin Port hits seafood exports
  • Port of Le Havre keen to play pivotal role in Asia-Europe trade
  • Zonal rlys told to get traffic for refrigerated vans
  • CBEC to adopt detailed procedures for clearance of imported metal scrap
  • Industry registers robust 7.9 pc growth in August
  • Prices of 3 bulk drugs revised
  • Regulatory framework to attract $ 150 bn FDI in infrastructure on anvil
  • Singapore sees vast potential for joint ventures in India
  • Nandwani appointed head of Capexil
  • Withdraw circular on DEPB: Assocham

The Bunker Bulletinweb site
OCTOBER 20, 2004
  • Wider testing parameters 'too expensive' say experts
    Testing experts agree that widening testing remit would reduce risk of contaminants entering ship fuel tanks, but say cost is prohibitive
  • Sharp oil rebound as US stocks fail to grow
    Crude futures recoup earlier losses on bullish US oil inventory data.
  • DOE/API: Key product stocks fall
  • Owners, suppliers warned of class action against 'polluters'
    US climate of class action litigation poses very real threat to suppliers and shipowners active in the country's polluted port regions, warns leading US maritime lawyer.
  • Sunny outlook in Piraeus
  • Suez avails improving after dry spell
    Several players report that avails are returning to normal, while others doubt any real improvement in supply for several weeks ahead.
  • New Saudi prices show mixed movement
  • Castrol chief defends imminent lube oil price hike
    Managing director of Castrol Marine defends projected price hike by highlighting the "real value" of technology and support brought to the industry amid rising costs.
  • Rotterdam stable late morning
  • Lungshan general manager admits longstanding malpractices
    Lungshan general manager admits longstanding practice of remunerating bunker clerks involved in short-supply and bribery at corruption trial.
  • A dozen samples taken in mystery oil spill investigation
    Samples were taken from several vessels, including bunker barges that supplied vessels in Tacoma last week in a bid to find the culprits behind the Puget Sound oil spill.

International Transport Journalweb site
OCTOBER 20, 2004
  • 21st German Logistics Congress opens today
  • Czech Republic plans own truck toll
  • Geodis UK: new partnership with Lebert
  • Danube Summit in Belgrade a success
  • Air Exel to sever ties with KLM
  • Peter W. Lampke GmbH & Co KG (PWL) celebrates 40th anniversary
  • Silvio Frey to manage inet-logistics in Switzerland

Marine Logweb site
OCTOBER 20, 2004
  • EC demands shipyard subsidies be repaid
  • VT Halter marine launches PCTC
  • Aker Finnyards in containership agreement
  • NASSCO starts fourth Alaska class tanker

World Wide Shipperweb site
OCTOBER 20, 2004
  • Yang Ming eyeing move to Port of Tacoma's Terminal 7-D
  • Panama Canal Authority reports dip in accidents for 2004
  • Portland Shipping Club needs help with Christmas spree
  • Seattle Port Commissioners hear plans for North Bay use
  • Carnival orders two vessels for German cruise market

Lloyd's Listweb site
  • Swire Pacific shows its hand in icebreaker trio deal
    HONG Kong's Swire Pacific yesterday came forward as the mystery owner behind an NKr1.5bn deal with Norwegian shipbuilder Aker Yards, which was announced amid secrecy last week, and revealed the order is for three icebreakers destined to serve the Sakhalin project off Russia, writes Jerry Frank.
  • Shipping boom at risk from cash-happy investors, warns Lunde
    TOO many investors are choosing the wrong moment to join the shipping bandwagon, one of the most experienced voices in the industry has warned.
  • Brussels forces Izar to pay back €556m in aid
    SPAIN'S state-controlled shipbuilding group, Izar, must repay a further €556m in illegal aid, Brussels announced yesterday, adding to the group's heavy debt burden and forcing an end the current ownership structure.
  • Kvaerner must give back €13.3m
    THE European Commission has ordered Kvaerner to repay €13.3m ($15.8m), received during the 1990s as subsidies for the then Kvaerner Warnow shipyard in eastern German Warnem'nde.
  • Zim fleet plans run into flak
    NEWLY-privatised and renamed Zim Integrated Shipping services has run into problems with reguators over its fleet expansion plans, writes Janet Porter.
  • Bimco wording drift hits offshore cover
    A DRIFT away from the Bimco conditions in the offshore energy sector is adding to insurance costs and encouraging disputes, a leading insurance provider has warned.

Fairplayweb site
OCTOBER 20, 2004
  • Costa transforms Seetours into Aida
  • Rasmussen looks to shipping
  • OMI buys own stock
  • Morocco helps Senegal re-launch link
  • Indian shippers react to surcharge
  • Tampa under pressure on director
  • Izar agreement edges closer
  • Teekay captain hit by €100,000 fine

The Journal of Commerceweb site
OCTOBER 20, 2004
  • ILWU: Solutions to port labor shortage
    Union wants more full-time dockworkers; calls on employers to offer enticements to part-timers.
  • Gulf ports announce plan to impose security fees
  • Customs says Kerry 'misleading' on box checks
  • Intermodal leads Norfolk Southern profit
  • Exel revamps U.S. management
  • DHL continues U.S. network expansion
  • Asia traffic spurs Vancouver boxes
  • Swift Transportation's profit rises
  • Fuel no problem for U.S. Xpress results
  • China's Tianjin sets massive expansion
  • EU orders shipyards to repay state aid
  • EU approves aid for Belgian ports
  • Nehru congestion easing

Containerisation Internationalweb site
OCTOBER 20, 2004
  • Australia set for Customs strike
    Australia faces a 24-hour Customs stoppage from midnight tomorrow (Thursday), as union members take industrial action over a new workplace agreement.
  • Safety and security trump commercial compensation in AIS channel dispute
  • Short-fixes to tide owners over till expected strong spring
  • Train makes a gain in Rotterdam maritime statistics
  • CMA CGM joins intra-Asia trade in service partnership
  • MSC to add weekly TransPac service to South America
  • ANL catches South China Express
  • Containership operating costs rise by nearly 10%
  • Kwai Chung volume growth turns soft despite price-cuts
  • Cosco considers building own post-panamaxes
  • ECT orders six ZPMC STS cranes
  • Hitachi signs logistics services agreement

TradeWindsweb site
OCTOBER 20, 2004
  • OMI pays top whack for stock
    US owner carries out surprise share buyback suggesting tanker stocks could climb higher.
  • Stelmar profits drop
    Quarterly profit sliced in half after tanker owner pays out advisory fees to Morgan Stanley and Jefferies.
  • Izar faces EUR 556m bill
    European Commission decides Spanish owner must repay huge amount of illegal state aid.
  • EU slashes Kvaerner claim
    The EU is slashing its claim against Kvaerner but Kjell Inge Rokke is holding out for zero.
  • Irish Ferries cuts costs and jobs
    Up to 150 staff could take redundancy as owner switches to crew agency for Ireland to France route.
  • Hyun dismisses takeover
    Hyundai chief says counter-measures are being taken to block potential foreign purchase of HMM.
  • Finnyards breaks the ice
    Hakan Larsson's B&N is building a EUR 150m threesome for Stora Enso's paper route.
  • ITF wins higher wages
    Japanese bulker allowed to leave Sweden after owner ups crew payment.
  • Zim needs public vote
    Shareholders to decide on $820m twelve-ship transfer deal, rule Israeli regulators.
  • Great Eastern adds LPG carrier
    Indian owner takes Naftomar ship as it seeks to expand in gas sector.
  • Tanker owners get dirty
    Soaring rates prompt shipping companies to switch tankers from products to crude cargoes.
  • Tanker Pac takes EnerSea stake
    Ofer group tanker arm teams with Houston-based Compressed Natural Gas (CNG) consortium.
  • Shreyas profits soar
    Directors of Indian boxship operator approve purchase of up to three more vessels.
  • Aker order mystery solved
    Swire Pacific is behind NOK 1.5bn order that Aker Yards was keeping quiet last week.
  • Izar to learn fate
    Wednesday is the day the EU reveals how much "illegal" state aid Spanish yard must repay.
  • Boom times conceal high costs
    Moore Stephens survey shows insurance and crew wages leap in 2003.
  • Caspar carries more
    Azeri owner boosts oil cargo volumes in Caspian Sea during first three quarters.
  • Cosco Corp offloads bulker
    Singapore-listed arm of Chinese giant sells handymax unit to Nanjing-based owner for $11.15m.
  • Fednav goes to Universal
    Canadian dry bulk giant orders handysize bulker on back of long-term transportation contract.
  • PIL to fund Singamas growth
    Liner firm offloading existing shares and subscribing to new ones as container maker looks to expand.

American Shipperweb site
OCTOBER 20, 2004
  • Australia commission carrier immunity reform report due Friday
  • MSC starts Far East/Americas service
  • ANL joins CMA CGM on Asia/Europe loop
  • Med/South Africa carriers raise rates
  • BNSF reduces rates for smaller wheat shipments
  • British Columbia road work promises to improve cargo moves
  • CBP receives more resources to protect borders
  • FMC reviews 13 OTI applications, revokes five licenses
  • U.S. meat shippers "disappointed" with Mexico's import ruling
  • Smart box initiative frustrates Bonner
  • USDA hopes to stop spread of pine shoot beetle from Canada
  • Airbus parent company picks Exel to export spare parts
  • COSCO Logistics signs contract with Hitachi in China
  • Nestle contracts with Vastera for export software
  • Yang Ming to lease Tacoma terminal, considers direct service
  • Four more U.K. ports join CBP's Container Security Initiative

The Scandinavian Shipping Gazetteweb site
OCTOBER 20, 2004
  • Commission demands repayment of shipyard support
    The EU Commission has decided that Spain must recover EUR 556 million that the state-owned shipyard group IZAR has ...
  • B&N orders ro-ro trio
    B&N Nordsjöfrakt in Skärhamn, Sweden and Aker Finnyards in Rauma, Finland has signed a letter of intent for three ...
  • Danish submarines to Bulgaria and Sweden
    Danish Defence minister Søren Gade has asked for money and political support to give away one of the Danish Navy's ...

›››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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