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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
11:29 GMT+1
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BRIEFS
August 11, 2005
The Business Timesweb site
Shipping News
  • Shipping lines face competition issues amid consolidation
    FOLLOWING the acquisition of Royal P&O Nedlloyd by AP Moeller-Maersk, the message to other container shipping lines considering their strategic options is to act now before there is significant further consolidation in the industry.
  • Hyundai Merchant's Q2 profit up on lower tax
    HYUNDAI Merchant Marine Co, South Korea's second-largest shipping line, reported a profit in the second quarter because it paid less taxes and lower interest charges.

Sched Netweb site
  • CP Ships' two newbuilds to be used in US East Coast-India service
  • MacAndrews sets up shop in Sri Lanka
  • Port of Tacoma Commission gives nod for bond sale
  • AP Moller-Maersk buys UK North Sea oil and gas interests
  • Ecu-Line uses CMA-CGM for Sri Lanka service
  • OSG Q2 profit soars
  • Pilots resume talks with management of Asiana Airlines
  • AirBridge Cargo caters to Russia's US$1 billion flower demand
  • UPS buys out Overnite Corporation

Exim Indiaweb site
  • Solution to BBCD route for inchartering tonnage proves elusive
  • India, Pakistan to reformulate shipping, civil aviation agreements
  • RIL entrusts Herculean task of moving critical ODC gear to Jumbo Navigation
  • JNPT puts decongestion drive into top gear
  • VCT emerges ideal gateway for boxes to/from Far East, US West Coast
  • Utilise CWC sops, NMPT tells ex-im trade
  • Paradip Port puts berth extension project on fast track
  • Capacity to be increased
  • Advisory council for dedicated freight corridor proposed
  • CONCOR to cut costs by 15 pc, set up efficiency benchmarks
  • SRS launches integrated warehousing facility for multimodal operations at Kandla Port
  • Truck operators end stir
  • MoF clarifies on availing of 75 pc abatement on payment of service tax
  • MoF simplifies export documentation procedure
  • Ministry gives nod for extension of capital subsidy to textile machine accessories under TUF scheme
  • Goa jumps on to SEZ bandwagon

International Transport Journalweb site
AUGUST 10, 2005
  • Emirates appoints first ever Irish cargo representative
  • A.P. Møller ' Mærsk secures 95.6% of Royal P&O Nedlloyd share capital
  • Qantas to launch new Trans Tasman schedules
  • MAN to build new truck assembly plant in Krakow
  • Aramex reports 72% rise in interim net profit

Maritime Global Netweb site
AUGUST 10, 2005
  • RCL profits up
  • Belize boarding agreement with US
  • Nordic American draws on credit line for vessel purchase
  • Attempted boarding in Gulf of Aden
  • UK Club warns on US visa requirements

Marine Logweb site
AUGUST 10, 2005
  • Port states plan ISPS anniversary checks

World Wide Shipperweb site
AUGUST 10, 2005
  • Port of Everett taps Manson for Rail/Barge facility project
  • Portland Port Commission eyes Kelley Point land transfer
  • Port of Olympia schedules terminal tours during Harbor Days
  • Tacoma Port Commissioners Ok $80 million revenue bond sale
  • CP Ships announces plans for two new container ships

Lloyd's Listweb site
  • Chantiers split from Alstom a 'last resort'
    PROTRACTED speculation over the fate of the Chantiers de l'Atlantique shipyard may be coming to a head, after reports emerged yesterday that French parent Alstom is considering a separate listing for its marine subsidiary.
  • Britain draws up new two-pronged piracy guidelines
    BRITAIN will soon issue revised guidelines on piracy as part of a two-pronged approach to the problem.
  • Lloyd's terror plans in step with threat
    LLOYD'S is continuing to update its emergency survival plans, as police warned of a new City terror attack.
  • Index hits 2,000 point milestone
    SOOTHSAYERS might be casting doom and gloom over the shipping industry with talk of dramatic plunges in the drybulk and container sector, but the 'bull market' for shipping stocks still continues to gather pace.
  • Russia consolidates defence industry into shipbuilding duo
    RUSSIA will create two large shipbuilding groups in a consolidation of the mammoth defence industry it inherited from the Soviet Union, a top government official has confirmed.

Fairplayweb site
AUGUST 10, 2005
  • Alstom 'considers Marine spin-off'
    FRENCH engineering group Alstom is said to be studying a possible spin off of its ailing Marine Division, according to French newspaper La Tribune
  • Seabulk take-over wrapped up
    SEACOR Holdings turned from loss to profit during its second quarter as it finalised its Seabulk acquisition and became a major player in the Jones Act tanker trade
  • US ports showing little congestion
    US ports are not suffering delays and congestion as they did last year despite continued increases in container imports, according to a report
  • Iraqi oil production, sales rising
    IRAQ has posted a record $2.5Bn monthly income on its crude oil sales in July while its production stood at 1.6M bpd
  • Ottawa sets up dispute task force
    A three-member task force has been set up by Ottawa to look at the underlying causes of the truckers' strike in British Columbia and make recommendations
  • Panama Canal maintenance work
    LOCK maintenance work will be carried out on Panama Canal on 17-20 August
  • Malaysian court delays piracy trial
  • Torm cautions on dry bulk rate rise
  • CP newbuildings go to Suez routeing
  • Indonesian LNG supplies disrupted
  • Seafarer missing after collision
  • Merchant ships save migrant lives
  • Johor denies box shift to Pelepas

The Journal of Commerceweb site
AUGUST 10, 2005
  • Container ship orders tumble
    Fears of capacity glut in coming years cools spending by owners and carriers after record buying in first half.
  • Analysis: Wins for cargo in highway bill
  • Truckers protest in Miami
  • Bush signs highway bill
  • MOL profit grows 77%
  • CP Ships adds U.S.-India ships
  • Customs vet Tischler dies
  • Study: 123K jobs from NY-NJ port
  • Norfolk to boost productivity
  • Swift acquires BNSF boxes
  • Contract for Prince Rupert terminal

Containerisation Internationalweb site
AUGUST 10, 2005
  • Task force to probe Vancouver trucker conflict
    Canada's federal government has announced the creation of a three-member task force to review the issues underlying the recent six-week trucker dispute.
  • Sentiment overtakes fundamentals in market facing 'spectre' in 2006
  • Ship grounding interrupts Malaysian port operations
  • Brazilian customs strike begins to bite
  • Alameda Corridor records sharp rise in empties
  • Tallinn and Klaipeda squeeze Riga
  • Concor levies surcharges to cover JNP congestion
  • Essential economics leads Shanghai to expect more growth
  • CP Ships deploys newbuilds on INDAMEX
  • Carriers protest NZ's mandatory fee rises
  • Interest and cost reductions lift HMM profits
  • NYK orders postpanamax trio from Hyundai Heavy Industries
  • Duty calls: FTA and RHA target diesel duty in industry enquiry

TradeWindsweb site
AUGUST 10, 2005
  • Big jump for CSDC
    Chinese tanker and bulker owner banks huge increase in first-half earnings.
  • Turkey holds terror suspects
    Police detain 10 people suspected of planning attacks on Israeli cruiseships.
  • OMI wants more OMM
    Connecticut owner expands shares buyback programme after seeing stock fall to six-month low.
  • Chantiers de l'Atlantique to float?
    Alstom rumoured to be considering listing as precursor to disposal of loss-making yard division.
  • Torm estimates slashed again
    Jefferies cuts 2005 EPS for second time as late delivery of LGR ships swipes earnings.
  • Tamai numbers dip
    Japanese bulker owner can't quite match last year's first quarter profit as revenues fall.
  • Bad timing for NATS
    Latest delivery arrives at time of two-year trough in suezmax rates.
  • HMM up year-on-year
    But line sees profits slip from first quarter as operating result takes a 30% dip.
  • Mipo on the rise
    Hyundai Heavy affiliate shipyard more than doubles earnings in second quarter.
  • Farstad chops and fixes
    Norwegian owner sells elderly PSV to Canadian interests and charters out two other ships.
  • RCL inks boxships
    Thai intra-Asian operator has ordered two ships in China as second quarter profits soar.
  • Inui profits dip
    Japanese handysize bulker specialist sees double-digit decline in operating and net results.
  • Bad start for Sanoyas
    Japanese shipbuilder racks up loss in first quarter, despite building revenues.
  • STX Pan Ocean steams ahead
    Recently listed South Korean bulker shipowner has posted a 27% increase in first quarter profits.
  • CP deploys newbuilds
    Container line to use two Seaspan-chartered ships for US east coast to India service.
  • Kuribayashi slips into the red
    Japanese ro-ro player goes from modest profit last year to sizeable loss in FY2006 first quarter.

American Shipperweb site
AUGUST 10, 2005
  • MOL's net income climbs 568% in two years
  • TORM sees 2nd quarter profits
  • Seaspan raises $600 million in NYSE IPO
  • Regional Container Lines lifts half-year revenue, profit
  • TACA raises bunker fuel adjustments
  • CP Ships slates two ships for U.S./India routing
  • Belize signs security pact with United States
  • NTSB names Spencer to direct marine safety office
  • Crowley promotes Mead to general counsel
  • Cathay Pacific's first half profits down 5.7%
  • British Airways World Cargo's revenues flat in first quarter
  • Turkish Airlines orders another eight 737 aircraft
  • AirBridge Cargo starts Amsterdam/Moscow service
  • Swift takes control of BNSF containers
  • Trans-Soft, Freight Force team up for customer service
  • Bester new South African chief for Famous Pacific Shipping
  • CWB unsatisfied by U.S. import tariff cut
  • Apparel importers' group names Zane chairman
  • Retail group says port congestion under control
  • PierPass chief briefs Port of Long Beach on initial operations
  • Port of Tacoma approves $80 million bond sale

The Scandinavian Shipping Gazetteweb site
AUGUST 10, 2005
  • Helicopter crashed off Tallinn ' 14 dead and no survivors
    Today at 12.45 local time, just five minutes after take off from Tallinn, a helicopter beloning to Copterline crashed two ...
  • Heavy loss for Silja
    The half-year result of the ferry operator Silja was strongly negative. The revenue totalled USD 280.7 million and the ...
  • New open registers
    Dubai is to set up an open ship register as a part of the ongoing Dubai Maritime City project. Recently ...

The Bunker Bulletinweb site
AUGUST 10, 2005
  • DOE & API at a glance: US crude stocks swell
    Reports show rise in crude stocks amid high imports, but mixed picture for key products.
  • Lintec advises caution on sulphur limits
    Variations in testing methods mean all parties involved need to approach bunkers marginally above MARPOL sulphur limits with caution.
  • EGPC awards 756,000 mt tender for up to 5% fuel oil
    EGPC has awarded a tender to buy up to 756,000 mt of high sulphur fuel oil for the country's bunker market, although maximum sulphur content specified exceeds MARPOL limits.
  • NOL profits expected to suffer from escalating fuel bills
    Analysts predict erosion of Q2 profits as rising costs counter strong transport demand, while Q3 bunker prices show no sign of easing.
  • Colombo: Appeal court ruling will see bunker prices drop
    Sri Lanka Shipping Company says appeal court ruling will lead to increased competition and better prices for bunker buyers.
  • Rotterdam market remains firm this morning
  • Solid start continues for World Fuel Services
    Miami-based marine fuel marketer World Fuel Services Corp. (WFS) reveals continued solid results for Q2, 2005.

›››File
FROM THE HOME PAGE
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
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