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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:43 GMT+1
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BRIEFS
August 8, 2005
The Business Timesweb site
Shipping News
  • Malacca Strait's 'high-risk' grading reversible: insurers
    A decision to designate the Malacca Strait sea lane as 'high risk' and prone to terrorism could be reversed, London underwriters said on Friday amid mounting criticism of the move.
  • AP Moeller wraps up 2.3b euro P&O deal
    AP Moeller-Maersk A/S, the world's biggest container-shipping company, secured enough shares to complete its 2.3 billion euro purchase of Royal P&O Nedlloyd NV, the shipping industry's biggest ever takeover.
  • Mitsui OSK boosts Q1 profit as Kawasaki Kisen sees fall
    MITSUI OSK Lines Ltd, Japan's second-largest shipping company, said first-quarter profit rose 37 per cent as it carried more cargo and paid less for fuel than rival Kawasaki Kisen Kaisha Ltd.
  • Mercator raises 3b rupees from bond sale
  • Far East Sea Shipping may sell ADRs abroad: report

Sched Netweb site
  • AP Moeller-Maersk secures over 95pc of RPONL shares
  • US west coast ports look to poach traffic from LA-LB
  • Integration of Ningbo and Zhoushan ports enters final planning stage
  • Johor throughput up in first half
  • Davies strengthens Sri Lanka operations
  • MOL breaks ground on new terminal at Jacksonville
  • Singapore, Sri Lanka sign Open Skies Agreement
  • Kuehne + Nagel unit Stute enlarges Airbus logistics centre

Exim Indiaweb site
  • A.P. Møller-Maersk Group gains absolute control of P&ONL with 95.6 pc stake
  • SCI net dips in Q1
  • Comprehensive maritime policy on anvil
  • Lower freight rates can double India-Pakistan trade, feel shippers
  • Shortage forces Pakistan to import 5 lakh tonnes of sugar from India
  • R.T. Revankar takes charge as Chief Manager (Ops), JNPT
  • L&T eyeing shipbuilding, port development
  • Decks cleared for construction of Gangavaram port
  • AIAI presents Shipping Secy study paper on Improvement in Ports Efficiency
  • Indev Group in JV with Fontys University to start graduate course in logistics
  • DEPB replacement scheme may be outlined in september
  • CCEA clears scheme for 25 integrated textile parks to meet challenges of post-MFA scenario
  • RBI optimistic of key macro parameters, projects over 6 pc growth rate in current fiscal
  • Whole new ballgame for textile producers in post-quota era

International Transport Journalweb site
AUGUST 5, 2005
  • Chan strengthens U-Freight in Taiwan
  • CMA CGM in talks with CP Ships about takeover
  • Swissport Cargo Services opens Leipzig branch
  • Macedonia: transport companies take action
  • Austria's post office to be liberalised

Maritime Global Netweb site
AUGUST 5, 2005
  • Tonnage tax last option for UK ship leases
  • Master of UK vessel jailed for excess alcohol
  • Spectec buys Spec2
  • US LNG import to hit three-year low
  • EU researches container security

Marine Logweb site
AUGUST 7, 2005
  • Seaspan IPO set to raise $604 million

World Wide Shipperweb site
AUGUST 5, 2005
  • Railroads plan new service for fresh Washington produce
  • FMC proposes changes to rules for NVOCCs
  • Port of Portland director praises ConnectOregon passage
  • AAPA schedules first Shallow-Draft Ports seminar
  • Railroads see decline in weekly carload totals

Lloyd's Listweb site
  • Washington signs $1.9bn management deal to strengthen Ready Reserve Fleet
    A NEW set of shipmanagement contracts collectively worth $1.9bn over 10 years, signed by the US Maritime Administration, has extended a US Department of Transportation programme that draws on merchant cargoships to supply US forces in combat areas.
  • Panamax operators under the cosh as dry bulk decay sets in
    RAPIDLY falling dry bulk rates are leaving some panamax operators feeling the pain, with several timecharterers seeking renegotiation or even early redelivery.
  • UK tightens noose on tax lease scheme
    THE British government has tightened the timetable for phasing out tax-based ship leasing outside the tonnage tax regime.
  • SCT awaits straddle outcome
    SOUTHAMPTON Container Terminals expects to hear early this week whether six brand new straddle carriers suspended from operation after an accident are safe.
  • Boeing flies further into maritime services market
    THE Boeing Co is set to take another bite out of the shipping market with the launch of a range of navigation and information systems by its Jeppesen subsidiary.
  • NYK joins Hong Kong police for antiterrorism exercise
    AS TENSION builds over the Malacca Strait ' cited as a possible target for a terrorist attack ' NYK recently joined an antiterrorism exercise with the Hong Kong Police Force.

Fairplayweb site
AUGUST 5, 2005
  • Belize becomes Caricom PSI first
    BELIZE yesterday became the first Caricom country to sign a bilateral Ship Boarding Agreement with the US under the Proliferation Security Initiative
  • Anger erupts over Scottish orders
    SCOTTISH business and political interests have strongly condemned the placing of newbuilding orders with a Polish yard rather than at struggling Ferguson
  • Fleet renewal boosts TEN
  • Hutchison UK boss slams Teesport
  • Master jailed in Southampton
  • CMA CGM deals would redraw ranking
  • Second towage operator for Le Havre
  • Colombo bunkering thrown open
  • Sakhalin blow for Royal Dutch Shell
  • AP Møller-Maersk holds 95% RPONL
  • More Europeans cruise the Baltic
  • Rio Tinto Dampier upgrade on track

The Journal of Commerceweb site
AUGUST 5, 2005
  • Vancouver backlog clearing
    As truckers return to work, clean-up of strike-bound containers at port's two largest terminals could be completed in less than a week.
  • Volumes boost OOIL
  • Matson names China VP
  • Maersk gets 95% of P&O shares
  • UP, CSX set dedicated transcon perishable service
  • BAX Global profit gains
  • DHL expands U.S. base
  • Volumes off at BA World Cargo
  • New cranes for Busan

Containerisation Internationalweb site
AUGUST 5, 2005
  • AP Moller Maersk controls 95.6% of RPONL
    AP Moller Maersk (APMM) controls 95.6% of Royal P&O Nedlloyd (RPONL), after 51.5% of ordinary shares had been tendered before the public offer period closed yesterday afternoon.
  • Vancouver box clearance picks up momentum
    Around 92 truck licences have either already been approved or are pending approval according to the Canadian International Freight Forwarders Association (CIFFA), today.
  • Protesters lose court bid to halt Melbourne dredging trials
  • Sale of FESCO state stake must take place, but where?
  • OOCL faces H2 uncertainties
  • Injunction against Chennai second box terminal denied
  • Genoa to start port modernisation in the autumn
  • Groundbreaking held for MOL terminal at Jacksonville
  • Korean shipowners ask for extension to port fee reductions
  • China's cotton supply/demand in balance despite weather
  • Demand forces open EU's door for Chinese sweater imports
  • CK Line brings in increasing volumes to Mokpo Port
  • China's electronic exports to Korea rise

TradeWindsweb site
AUGUST 5, 2005
  • Seaspan will float
    Vancouver firm's $600m issue may be strong enough to price in target range Monday after series of discount shipping IPOs.
  • More red ink for MES
    Rising steel prices and delays in delivery lead to increased loss for Japanese shipbuilder.
  • Malaysia and Singapore agree on Everise Glory
    Wreck removal deemed more important than issues of disputed sovereignty.
  • Israel warns cruise ships
    Four vessels with 3,500 passengers aboard are told to divert from Turkish port.
  • Wartsila orders double
    Hectic yard activity boosts marine engine builder but outlook less promising.
  • Toei's crystal ball faulty again
    Reefer operator's forecasts of a better year falter as profits slump in first quarter.
  • OOCL ups dividend
    Investors will get more as line posts 15% rise in half-yearly profits.
  • Maersk bags 95% of Nedlloyd shares
    Danish owner cleared to take over line after vast majority of investors accept tender offer.
  • Hanjin profit cut in half
    Korean line blames currency weakness, though fuel costs also take their toll.
  • Profits down at K Line
    Japan's third-largest owner sees first quarter results down nearly 10% on the same period a year earlier.
  • Disposals lift Tsakos
    US-listed Greek gas and tanker operator surpasses good 2004 result thanks largely to ship sales.
  • Record results at Navigators
    US marine insurer sees 25% jump in second quarter profits on healthy rise in written premiums.
  • Extra ships boost Precious
    Increased fleet numbers and freight rates help lift second quarter profits at Thai bulker player.

American Shipperweb site
AUGUST 5, 2005
  • OOCL parent powers on with $309 million earnings in first half
  • "K" Line's net income down 10%
  • Maersk secures approval of P&O Nedlloyd stockholders
  • Europe/Australia/New Zealand carriers raise rates
  • Chamber of Shipping of America makes appointments
  • BAX's Los Angeles freight station doubles in size
  • United's July cargo volumes down 0.9%
  • USAID charters two cargo planes for food aid delivery to Niger
  • CSX, UP to start Wash./N.Y. produce unit train service
  • Cedar American receives first of 600 grain covered hopper cars
  • CBP: 70% of incoming containers are screened
  • European Commission proposes RFID standardization
  • Iridium, ZOCA partner to offer enhanced container security
  • NYK Logistics (China) opens Beijing office
  • MOL breaks ground for Jaxport terminal
  • APL introduces RFID upgrades at Los Angeles terminal
  • ILWU foremen plan stop work meeting Aug. 11; won't affect PierPass
  • Panama Canal to start vessel tracking trial
  • Port of Boston cargo up 10% at Conley Terminal

The Scandinavian Shipping Gazetteweb site
AUGUST 5, 2005
  • A.P. Møller-Mærsk secures 95.6 per cent of Royal P&O Nedlloyd
    Mission accomplished! That seems to be the words when the final date, 4 August, for the A.P. Møller-Mærsk acquisition ...
  • New plan for a huge container terminal
    A planned new container terminal at Stigsnæs on Sjælland will not be built on contaminated soil as planned. The Baltic ...
  • Polish Baltic Shipping to sell everything but ferries
    The Polish state has despite several efforts since 1993, failed to privatize the fully state-owned Polish Baltic Shipping, PBS ...

The Bunker Bulletinweb site
AUGUST 5, 2005
  • New EU study on ship emission controls near completion
    A feasibility study for the European Commission aims to define the tools that may eventually lead to ship emissions trading.
  • Singapore suppliers: Platts' MOC 'right' despite flaws
    Singapore bunker players see little alternative to Platts' pricing system, but admit there is room for improvement, Bunkerworld magazine reveals.
  • Resupply fears spark West Coast MDO spike
    Marine diesel oil prices on the North American West Coast jump on resupply costs but Vancouver shrugs off train derailment.
  • Colombia looks to expansion plans
    But inadequate infrastructure holding back potential growth in Colombian bunker market.
  • Wartsila engine orders double
    Company warns that that reduced availability of building berths and higher yard prices will reduce new orders.
  • New EU study on ship emission controls near completion
    A feasibility study for the European Commission aims to define the tools that may eventually lead to ship emissions trading.
  • China: Diesel shortage could increase fuel oil demand
    A current shortage of diesel in southern China could prompt increased Chinese demand for straight-run fuel oil as refiners see margins widen.
  • Russia: Economy minister calls for oil tax review
    Russian economy minister says oil taxes must be reviewed by year-end, but may slash fuel oil export duty in the next week.
  • Bosphorus passage delays possible boon for bunkering
    Istanbul suppliers keen for owners to take advantage of prompt supply opportunities during idle time.
  • OPEC output nears 26-year high
    OPEC output level rose 290,000 bpd in July to its highest level since December 1979, nearing 26-year high.
  • Rotterdam follows crude higher
  • Hong Kong: 380 cst faces shortage of supply
    A delay in ExxonMobil's 380 cst cargoes has led to a slight shortage in supply of the bunker fuel in Hong Kong.
  • Major oil spills on the decline
    Statistics released by the International Tanker Owners Pollution Federation have shown a decline in the number of major oil spills from ships worldwide.
  • Singapore suppliers: Platts' MOC 'right' despite flaws
    Singapore bunker players see little alternative to Platts' pricing system, but admit there is room for improvement, Bunkerworld magazine reveals.

›››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%)
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
COMPANIES
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
COMPANIES
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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