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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
November 26, 2004
The Business Timesweb site
Shipping News
  • Fixing piracy problem could ease maritime terror threat
    THE threat of a major terrorist attack on shipping or port facilities in regional waters can be greatly reduced by solving the persistent problem of piracy, said a Singapore-based security expert yesterday.
Admiralty Casebook
  • Canada court rejects seizure of SCI ship
    A CANADIAN judge last month upheld a decision that a vessel owned by the Shipping Corporation of India cannot be seized to satisfy a long-standing judgment debt of the Indian government just because the latter is a substantial shareholder of the SCI.

The Business Timesweb site
Shipping News
  • Fixing piracy problem could ease maritime terror threat
    THE threat of a major terrorist attack on shipping or port facilities in regional waters can be greatly reduced by solving the persistent problem of piracy, said a Singapore-based security expert yesterday.
Admiralty Casebook
  • Canada court rejects seizure of SCI ship
    A CANADIAN judge last month upheld a decision that a vessel owned by the Shipping Corporation of India cannot be seized to satisfy a long-standing judgment debt of the Indian government just because the latter is a substantial shareholder of the SCI.

Sched Netweb site
  • MOL's bond rating upgraded
  • Largest railway logistics centre opened W China
  • Mainland freight surges with growth in economy
  • Plea for mainland logistics firms to be more competitive
  • Guangdong's imports of cotton up 210 per cent
  • NOL sells its stake in Lorenzo Shipping
  • Oakland Port gets OK for deeper harbour
  • APM and AKWA build new container terminal in Tangiers
  • NZ's Ports Of Auckland container volume down
  • Boeing hard sell on 777 cargo plane
  • Airbus announces rival to Boeing's 7E7
  • Thailand gives initial nod to buy jets
  • MAS takes delivery of new Boeing 777-200 ER

The Bunker Bulletinweb site
NOVEMBER 25, 2004
  • Transpetro launches $1.9bn tanker newbuild programme
    Shipping arm of Brazil's state owned oil company Petrobras has unveiled a huge newbuilding programme.
  • PDVSA Deltaven closing in on new markets
    Return to Panama bunker market the highest profile expansion plan as company reveals ongoing discussions to move into several Caribbean markets.
  • Singapore maintains position as key Asian trading hub
    The emergence of Shanghai as a commodity trading hub poses no near-term threat to Singapore's leading status.
  • Italian avails continue tight
    Suppliers extremely limited in the size of the enquiries they can quote for at most major ports.
  • High prices and low avails hamstring Tokyo spot market
    Some players expect to sell out for the rest of the year soon even as many buyers opt for smaller stems.
  • Rotterdam/Antwerp trade markets nearly level this morning
  • ENOC to expand into Jebel Ali market
    ENOC Bunkering (Fujairah) LLC has decided to take advantage of increased traffic through Jebel Ali to expand its bunkering service and infrastructure in the port from next month.
  • Singapore: Onshore fuel oil and distillate stocks rise again
  • Reports: Hiatus for major Singapore ex-wharf player
    One of Singapore's largest players in the 380 centistoke (cst) ex-wharf market is reportedly out of the market until the end of the year.

International Transport Journalweb site
NOVEMBER 25, 2004
  • Acculeon launches system to track real-time violations
  • Three US borders crossings to test security measures
  • Röhlig and Gebrüder Weiss expanding in Dubai
  • Green Cargo continues to invest heavily
  • American Airlines postpones huge Boeing order
  • Ecu-Line offers on-carriage to Mongolia
  • Three senior Aer Lingus managers resign

Maritime Global Netweb site
NOVEMBER 25, 2004
  • "Let's get together," says ABS
  • ESPO renews criticism of EC ports directive
  • LR income up 12%
  • IRS running new Indian shipping control centre
  • MOL bonds rating upgraded
  • Novatug wins new order

World Wide Shipperweb site
  • Seattle Port Commission Oks budget for 2005
  • Lynden International opens new operation in Portland
  • Port of Portland schedules sediment cleanup meetings
  • Port of Portland director heading trade mission to Vietnam
  • Washington State Ferries putting lifts on older vessels

Lloyd's Listweb site
  • WTO 'rules against' EU shipbuilding subsidy claims
    EUROPEAN shipbuilders have reacted with irritation to South Korean government claims that the World Trade Organisation (WTO) has ruled in their favour in the subsidies dispute.
  • Both sides welcome WTO findings on illegal yard aid
    Both sides in a bitter shipbuilding dispute, provoked by European Union accusations that South Korea has granted unfair subsidies, are claiming to take some comfort from an interim report into the issue by the World Trade Organisation.
  • Hanjin scotches 'rumour' of Carlyle Group terminal purchase
    HANJIN Shipping, along with its trading group, vociferously denied yesterday that it is in talks with the private equity investor, the Carlyle Group.
  • Port delays fuel Baltic index record
    THE BALTIC Dry Index rose 108 points to hit a new a high of 5,734 yesterday as port delays and revitalised Chinese iron ore demand combined to tie up tonnage.
  • Thenamaris founder Martinou wins at first Greek Shipping Awards
    THENAMARIS Ships Management founder Athina Martinou was named Greek Shipping Personality of the Year for 2004 last night as several leading figures in the industry were among those honoured at the first Lloyd's List Greek Shipping Awards in Athens.

Fairplayweb site
NOVEMBER 25, 2004
  • WTO verdict 'to favour Koreans'
    SOUTH Korea says there are strong indications that the World Trade Organization would rule in its favour regarding the EU's complaint over alleged shipyard subsidies
  • Aker's Finnish yards on strike
    A STRIKE by 2,000 workers at Aker Yards' three shipyards in Finland began at 1200 local time yesterday, with staff expected to return to work tomorrow morning
  • Oil loading trouble at Vysotsk
    THE fight between LUKoil, Transneft and RZD as renewed this week as LUKoil complained it has been unable to meet planned tanker shipment targets
  • Asia's first freight futures exchange
    AN agreement to set up Asia's first exchange for trading freight futures has been signed today between the Baltic Exchange and the Multi Commodity Exchange of India
  • Iran, India fail to resolve LNG price
    IRAN and India have failed to agree a price for a prospective deal under which Iran is to sell India 5M tonnes of LNG a year
  • Indians set up cadet training trust
    SHIPPING companies in India have agreed to set up a Maritime Training Trust to fulfil their financial and social obligations under the new tonnage tax regime
  • Brazil cabotage booming
  • ABS calls for greater co-operation
  • LR back in black for 2003-04
  • Swedish ferry runs aground
  • Shell concerned by LNG guidelines
  • Pakistan seeks private interest
  • Zapatero calls for calm over Izar
  • Privatisation push at Port of Spain
  • Mexico faces rising LNG imports
  • Conoco 'not responsible for spill'

Containerisation Internationalweb site
NOVEMBER 25, 2004
  • Danes set to move in on the Latin quarter
    AP Moller has created a new regional head office in Panama City for its operations in Mexico, Central America and the Caribbean and is eyeing its own regional terminal.
  • PONL persists with LA 'Green' terminal law suit
    The Port of Los Angeles plans to move forward with its bidding process at the former Matson terminal, despite a court challenge from P&O Nedlloyd (PONL).
  • Neelie Kroes steps down in key competition cases
  • Lack of partners? Norasia could go it alone in new Asia/Europe loop
  • KNFC reconfirms service reduction between Korea and Hanshin
  • APMT secures Tangier concession
  • JCR upgrades ratings for MOL and NYK bonds
  • China Merchants enters Fujian tugboat JV
  • French line stretches newbuilds

TradeWindsweb site
NOVEMBER 25, 2004
  • Ultrapetrol wins bondholder vote
    South American owner gets green light to redeem older, costlier bonds.
  • Transpetro opens $1.9bn tender
    Brazilian owner invites yards to pre-qualify for massive 42 ship modernisation and expansion project.
  • Bharati set for IPO
    Indian shipbuilder and ship repairer looks to listing to raise cash to fund expansion plans.
  • Carlyle eyeing Hanjin?
    US investment group's name pops up in connection with sale of Korean shipping line.
  • Tonnevold adds reefer
    Norwegian owner will look for KS partners for its latest Japanese purchase.
  • Cargo record for Prisco
    Russian tanker owner's expanded fleet reaches another high in the first 10 months of 2004.
  • Western Bulk to change course
    Tonny Thorsen leaves with immediate effect as shareholders develop new ambitions for handymax operator.
  • Ferry hits rocks
    No one hurt but sailings suspended after RG Line ship damaged in strong winds off Sweden.
  • Earnings up at Halim Mazmin
    Malaysian bulker owner piles on profits in first nine months in strong bulker market.
  • Aker hit by strike
    Workers at the Turku cruiseship yard walk out over threatened job cuts.
  • TK storms to 52-week high
    Shares buyback plan is second piece of welcome news for investors after Teekay unveils $130m LNG IPO.
  • NOL exits Lorenzo
    Singapore owner sells out of protege it helped move into box shipping in 1990s.
  • Stickle pickle turns sour
    King of oil-grain cargoes faces prison after jury blames him for dumping in South China Sea.
  • Pacific Basin reels in resale
    Hong Kong owner snaps up second newbuilding in Japan as its rapid fleet growth continues.
  • Teekay in LNG IPO
    New listed vehicle will hold five suezmax tankers and all of company's LNG assets.
  • Mercator buys suezmax
    Share price rises further as investors enjoy mix of profit growth and fleet expansion.
  • DOF does the business
    Norwegian offshore shipowner increases earnings in first three quarters.

The Scandinavian Shipping Gazetteweb site
NOVEMBER 25, 2004
  • Swedish government looks into tonnage tax
    The Swedish government has decided to investigate a Swedish tonnage tax system. The investigation is to be carried out speedily ...
  • Start of the ice-breaking season
    On Thursday morning, "Kontio" departed as the first of the Finnish icebreakers to assist vessels on route for Torneå and ...
  • Color Line also likely to flag out
    Norway's biggest ferry operator Color Line will flag out, most likely to Denmark, if the net wage arrangement is not ...

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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