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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:31 GMT+1
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BRIEFS
September 29, 2004
The Business Timesweb site
Shipping News
  • Baltic Exchange launches Asian tanker route
    IN a bid to enhance its Asian coverage and boost its presence here, one of the shipping industry's oldest institutions - The Baltic Exchange - is sharpening its focus on tanker trades in this region in recognition of the growing importance of Asian shipping.
  • Move to promote tanker derivatives
    IN a bid to push along the growing market for freight derivatives following success in the dry cargo sector, The Baltic Exchange is actively promoting the use of tanker forward freight agreements , with a potential annual market turnover of US$66 billion.
  • P&O to cut fleet, up to 1,200 jobs
    BRITAIN's Peninsular & Oriental Steam Navigation Co will cut up to 1,200 jobs and slash services in a plan to salvage its money-losing ferry business, which has been hit by competition from low-cost airlines.
  • Relief for US ports won't come via Panama Canal
Strait Talk
  • Hard work ahead for ILO on seafarers' rights
    LAST Friday was the final day of a conference that was intended to prepare the ground for what is being described as a 'Seafarers' Bill of Rights' for some 1.2 million maritime workers.

The Business Timesweb site
Shipping News
  • Baltic Exchange launches Asian tanker route
    IN a bid to enhance its Asian coverage and boost its presence here, one of the shipping industry's oldest institutions - The Baltic Exchange - is sharpening its focus on tanker trades in this region in recognition of the growing importance of Asian shipping.
  • Move to promote tanker derivatives
    IN a bid to push along the growing market for freight derivatives following success in the dry cargo sector, The Baltic Exchange is actively promoting the use of tanker forward freight agreements , with a potential annual market turnover of US$66 billion.
  • P&O to cut fleet, up to 1,200 jobs
    BRITAIN's Peninsular & Oriental Steam Navigation Co will cut up to 1,200 jobs and slash services in a plan to salvage its money-losing ferry business, which has been hit by competition from low-cost airlines.
  • Relief for US ports won't come via Panama Canal
Strait Talk
  • Hard work ahead for ILO on seafarers' rights
    LAST Friday was the final day of a conference that was intended to prepare the ground for what is being described as a 'Seafarers' Bill of Rights' for some 1.2 million maritime workers.

Sched Netweb site
  • WTSA to hike cotton transportation rates
  • Zim Shenzhen makes maiden call at Shekou

Exim Indiaweb site
  • TMM Lines launches Europe-S. America service
  • Port of NY/NJ shows steady growth in H1
  • Canada Maritime cited for service excellence
  • New box terminal to open at Suez Canal's northern entrance on Oct. 1
  • Evergreen launches new, improved website
  • AADA to raise rates from October 1
  • Coscon launches European Service
  • SCI Board gives in-principle nod to Rs 1 cr. token investment in Sethu SPV
  • Handicraft exports notch up 24 pc growth in April-August
  • Exports to France up by 20 pc
  • Haldia Dock Complex to give priority berthing to 3 boxships at a time
  • Vizag Port sets new urea, thermal coal handling records in Sept.
  • Seabird's state-of-the-art CFS in JNP area now open to ex-im trade
  • Customs making varying interpretations of carotenoid level in CPO imports to levy hefty duty
  • DEPB rate cut may hit exports, warns SRTEPC chief
  • Modify Press Note 18, don't scrap it, say apex chambers
  • Fin. Ministry refuses further excise relief on petro-goods supplied to EOUs
  • Grading of services to encourage export efforts on cards

The Bunker Bulletinweb site
SEPTEMBER 28, 2004
  • Shipping urged to be 'Clean, Clever and Competitive'
    Cross industry group SEAaT calls on the shipping industry to embrace environmental legislation seeking to reduce emissions, but criticise legislators for ignoring innovative market based mechanisms.
  • Fujairah supply dates pushing into next week
  • Greece: Trader leaves
  • Hong Kong hamstrung by tight avails
    Resupply delays and holiday scuppers prompt supply.
  • Rotterdam holds firm
  • St. Petersburg player expands team and barge fleet
    After just over two years in the port, supplier reveals plans to more than double its barge capacity.
  • New Indian supplier to 'undercut competition by $30-40'
    A new supplier expecting to start supplying bunkers from its termiinal in Mundra, on the coast of the Western Gujarat state, has said it expects to be able to undercut state refiner by as much as $30-40.
  • Suppliers need incentives to overcome barge financing problems
    With the implementation of the MPA gate system for the phasing-out of single hull tankers in Singapore is set to come into effect in January 2005, local companies have called for incentives to encourage a speedy migration to a double hulled fleet.
  • US light crude breaks the $50 mark
    Continual concerns of supply disruptions finally push oil prices through the $50 "psychological" barrier, with analysts forecasting further bullishness.

International Transport Journalweb site
SEPTEMBER 28, 2004
  • DOT to upgrade truck inspections at Mexican border
  • Personalis S.A. ' new network partner in Portugal
  • EIB loan of CZK 8 billion to Czech Republic for motorway
  • KLM Cargo to increase fuel surcharge
  • Port Everglades fully operational after Hurricane Jeanne
  • Autoridad Portuaria de Valencia appoints new president

Maritime Global Netweb site
SEPTEMBER 28, 2004
  • "Global strikes could hit shipping profits"
  • P&O Ferries to cut fleet and jobs
  • Harry Gilbert is new ITIC chairman
  • Panama Capacity "near maximum capacity"
  • MOL hires security consultant

Marine Logweb site
SEPTEMBER 28, 2004
  • Milestone for superconductor motor

Lloyd's Listweb site
  • P&O axes 1,200 jobs, four routes and eight ferries to reduce costs
    SOME 1,200 jobs are to go at P&O Ferries, after Britain's top ferry operator yesterday announced plans to axe four routes in a bid to cut costs by £55m a year.
  • Dover and Portsmouth weigh up impact
    FALL-OUT from P&O's decision will be widespread, and many of those affected were yesterday quick off the mark with comments on the issue.
  • Brittany Ferries ready to move in
    BRITTANY Ferries, P&O's principal competitor in the western and central Channel, revealed yesterday that it was ready to take over the operation of the British group's Le Havre-Portsmouth service from as early as the start of next year.
  • Fisher report on London too gloomy says Baltic chairman
    PETER Kerr-Dineen, chairman of the Baltic Exchange, has attacked the Fisher Report on the future of London's maritime cluster as being too gloomy and based on outdated statistics, and called for a regular dialogue between the UK government and the shipping services sector.

Fairplayweb site
SEPTEMBER 28, 2004
  • P&O: Numast 'shocked' by cuts
    P&O'S proposal to axe 1,200 jobs at its ferry division and transfer a further 350 positions "exceeded everyone's worst possible expectations," a spokesman at officers' union Numast told Fairplay this morning
  • P&O: flexibility is the key
    P&O Ferries has emphasised flexibility as the key to success for the future of its ferry operations.... Full story
  • InterSHIP gives first briefing
    EUROPE'S InterSHIP, the €38 project involving seven builders and the EC, is important for the survival of European shipbuilding, its chief executive told Fairplay today
  • New Sudanese oil export facility
    PEREMBA Construction, a wholly-owned subsidiary of the PECD Group, has won a $232M contract to build a marine export facility at Port Sudan
  • Gambling vessel tests luck
    SUNCRUZ Casinos may have lost a gamble by leaving its casino ship Surfside Princess in Port Canaveral during Hurricane Jeanne
  • Simon focuses on the Humber
    THE UK's Simon Group has reported an operating profit of £200,000 ($362,000) this year for its first results in its current structure, now focused on the River Humber
  • Texas to demolish more ghost ships
  • Schwarzenegger signs cruise bill
  • One-two storm punch hits Carnival
  • Wagenborg wins Great Lakes bid
  • Santos cruising to increase
  • BC pledges support for box terminal
  • Pt Hedland wins Chinese ore boost
  • Chinese river ferry tragedy
  • PNSC to launch ferry routes
  • Port Canaveral recovering, again

The Journal of Commerceweb site
SEPTEMBER 28, 2004
  • Port Canaveral channel still closed
    Entry channel remains closed to ship traffic pending completion of harbor surveys and repositioning of navigational aids.
  • Pensacola reopened | Charleston grounding
  • Hamburg Süd deploys new series of box ships
  • Dominican Republic out of trade deal
  • Paulson cuts NOL stake
  • Horizon Lines taps new finance SVP
  • Record cocaine haul for Coast Guard
  • New deputy executive director for Va. ports
  • Euro shippers call for end to carrier antitrust exemption
  • Vietnam criticizes U.S. shrimp duties
  • P&O cuts ferry jobs to focus on freight
  • Thailand expands container X-rays
  • Deutsche Post, TPG in cross-border deals

Containerisation Internationalweb site
SEPTEMBER 28, 2004
  • MEP's grill EC Commissioner elect Neelie Kroes
    New EC Competition Commissioner Neelie Kroes has assured the European Parliament that she will be an impartial referee in overseeing Europe's market place.
  • HK Government and industry reach haulage consensus
    Stephen Ip, Hong Kong's Secretary for Economic Development and Labour, met with industry representatives today to thrash out a way of reducing inland transport costs to the territory.
  • North American customs brokers form tri-nation alliance
  • Intermodal partnership launches Franco/German shuttle
  • New Tecondi berth will ease congestion
  • K Line opens office in southwest China

TradeWindsweb site
SEPTEMBER 28, 2004
  • US Shipping in IPO
    Expanding tanker operator to raise $180m in loans ahead of NYSE share issue.
  • Braemar Seascope booms
    Strong freight and S&P market will significantly boost profit of Alan Marsh led shipbroking group.
  • TEN and raise you twenty
    D John Stavropoulos is passing around cash.
  • Jeanne claims her two cents
    Carnival is telling investors to look forward to more weather-related pain.
  • '$5m bribe' for African Pride
    Top Nigerian politicians are being accused of running bandit crude tankers.
  • Enginemaker tries to lighten up
    A US company wants to cut the size of the Queen Mary 2's propulsion system in half.
  • Paulson retreats from NOL
    US investor critical of Temasek offer cuts holding to under 5%.
  • Wallem chief to head ITIC
    Harry Gilbert to take over as chairman of shipping industry errors and omissions insurer.
  • IOC still keen on shipping
    Indian Oil Corp will try again to escape the yoke of state charterer Transchart.
  • A&P yard closes
    Historic Tyneside shiprepairer becomes victim of order drought.
  • Hot summer for Minoan
    Greek ferry owner reveals earnings rise during peak July and August months.
  • A&B chief flips shares
    Instant profit for Allen Doane after stock options resold on open market.
  • Numast slams P&O plans
    Maritime union will do "whatever is necessary" to protect its members from job cuts.
  • Tallink extends option
    Job fears at Aker Finnyards as Estonian owner reviews $185m cruise ferry plan.
  • P&O swings axe
    Radical rethink aims to revive ferry operations by losing eight ships and up to 1,200 jobs.
  • Aluminium giant afloat
    Austal hails launch of 417 foot long Fred Olsen Express trimaran as a breakthrough.
  • CalMac in ro-ro row
    Argyll Group furious over 'backdoor' sale to African owner of ferry it wanted for Scottish freight run.
  • New CP Ships litigation
    Yet another class action lawsuit filed against Halliwell & co, this time in Florida.
  • HDW workers take to streets
    German yard staff protest against plans to axe civilian shipbuilding in Kiel.
  • Perla blast blamed on valve
    Malfunctioning cargo tank pressure valve may have caused tanker implosion in New Zealand.
  • Donsotank opts for German pod
    Swedish owner sticks with Siemens-Schottel podded propulsion unit for its latest China newbuilding.
  • Maanav Star refloated
    Grounded general cargo ship is finally refloated and is now heading for repairs in Holland.

American Shipperweb site
SEPTEMBER 28, 2004
  • Paulson & Co. reduces stake in Neptune Orient Lines
  • APL introduces customer-specific schedules
  • Kuo returns to U.S. to oversee Evergreen's operations
  • Hamburg Sud to deploy 5,552-TEU ship
  • P&O cuts 1,200 jobs in revamp of European ferries arm
  • World Airways seeks rights to operate U.S.-China freighter service
  • Brokers form North American alliance
  • U.S. considers cheese, certain fruits for EU tariff retaliation
  • BIS seeks comments on ag export controls for Cuba
  • Rosengarden to step down from ITC, ITDS
  • Baltimore to receive Jaguar imports

The Scandinavian Shipping Gazetteweb site
SEPTEMBER 28, 2004
  • Major job cuts in P&O Ferries
    The P&O fleet will be reduced from 31 to 23 ferries, 1,200 employees faces redundancy and four of 13 ...
  • Dag Schjerven to head new service company
    Dag Schjerven ' lately from ASSA ABLOY ' is appointed new President and Chief Operating Officer (CEO) of Wilh. Wilhelmsen's new amalgamated ...
  • Tanker/Cruise vessel collision sparks concern om maritime safety in Gibraltar
    On Sunday, the Greek tanker "Spetses" and the St Vincent & Grenadines-flagged cruise vessel "van Gogh" collided off Gibraltar. The ...

›››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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