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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
14:43 GMT+1
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BRIEFS
May 18, 2005
The Business Timesweb site
Shipping News
  • China's car export plans hurt by shortage of carriers
    CHINA wants to become an auto exporting powerhouse, but even if overseas demand for Chinese-made cars soars, its ambitions could be constrained by a global shortage of car-carrying ships.
  • Asian freight rates dip to eight-month low
    ASIAN shipping rates for dry bulk cargoes have fallen to eight-month lows due to fading demand for spot vessels, with falls in prices for commodities including oil adding to the weaker sentiment, brokers said yesterday.
  • High-tech boost in fight against piracy
    SINGAPORE unveiled yesterday a fleet of remote-controlled vessels, which Defence Minister Teo Chee Hean said would give the city-state a high-tech boost in the battle against maritime piracy and terrorism.
  • CMA CGM refutes rumours of talks to buy CP Ships
  • KL probes deaths of 3 suspected stowaways
  • Shipbroker Braemar's profit soars 82%
  • Newcastle loads just 16 coal carriers as prices rise

Sched Netweb site
  • Chinese exports surge 32pc in April, fueling calls for revaluation of yuan
  • Cosco rated among top 10 domestic performers in China
  • Ambitious ANL looks to handle 1m TEU by 2009
  • Deeper navigational channel to open soon at Tianjin port
  • NOL announces new board appointments
  • HKIA throughput grows in April
  • Sichuan Airlines starts flying to Hong Kong
  • New Tiaca chairman lays out group's future direction
  • Menzies wins handling contract in Dominican Republic

Exim Indiaweb site
  • MoS allows SCI to disinvest 15 pc stake
  • Maersk India's e-commerce awareness programme draws active participation
  • New loading record set at Okha port
  • Rs 50-cr. ADB aid for development of Nagapattinam port
  • Tulsidas Khimji's air division awarded coveted ISO 9001:2000 certification
  • IA going in for dedicated freighter service
  • PM's core panel favours tariff body for dedicated rail freight corridor
  • Govt waves green flag to dedicated rail freight corridor
  • December may see int'l flights from Lohegaon
  • Carrying capacity of BoxN wagons on some routes increased
  • Toronto back on A-I map after almost 2 decades
  • Use e-mail and EDI facilities to avoid delays, Customs official tells ex-im trade
  • 20 lakh bales of cotton cleared for export
  • No service tax on outsourced processes in gems and jewellery sector
  • 8 core sector projects virtually shelved
  • PM calls for continuation of disinvestment process

The Bunker Bulletinweb site
MAY 17, 2005
  • Analysts predict further falls in crude price
    Bearish crude market may see further reassessment of bunker price levels amid talk of $45 barrel 'in a hurry'
  • Tight avails expected in Fujairah
    Shipowners fixing requirements before the next upswing in prices
  • Colonial to offer 1.5% low-sulphur fuel on USEC
    Supplier takes the initiative to offer new fuel and provide documentation and samples complying with MARPOL Annex VI
  • Chinese buyers seen returning for June fuel oil
    Demand for fuel oil into China is expected to pick up in June after months of lacklustre activity, as stocks run low and industry sources predict lower prices and improved supply.
  • US: More vessels held for pollution offences
    Two ships detained in Hawaii after US coastguard officials found unauthorised bypass pipes and invalid oil record books.
  • Off-spec fuels reported in New York
    Several heavy fuel oil samples from New York have tested off-spec for density in the past two weeks, while other quality parameters also drew attention in a bunker alert issued today.
  • Gas Turbine propulsion system approved in principle by Lloyds
    Lloyd's Register has issued an Approval in Principle of GE Energy's LM2500-based, gas turbine propulsion system for liquefied natural gas (LNG) ships.
  • Environment friendly lubricants promoted by EU Eco-label
    Companies selling lubricants in Europe can now apply for the EU Eco-label if their product has a low impact on the environment.
  • Prompt product still tight in Rotterdam
  • Marpol Annex VI: Fuels above 4.5% still occurring
    Fuel samples with a sulphur content above the 4.5% limit required under Marpol Annex VI have just been reported in Italy, a timely reminder that buyers need to specify compliance with the International Maritime Organization (IMO) regulation as well as standard fuel quality parameters.
  • US: Oil spill funds in danger of total depletion by 2009
    The US oil spill compensation funds will be depleted by 2009, rendering it unable to carry out oil spill cleanups, according to reports by the US coastguard.
  • Bunkering case favours private supplier
    Sri Lanka Shipping Company, a private supplier in Colombo port, received a verdict in its favour on a long-standing bunkering row with Sri Lanka Port Authority and John Keells Holding.
  • Operators refuse security charge, want more transparency
    Shipping firms want new charges in Hong Kong and Shenzhen included in regular container handling levies

International Transport Journalweb site
MAY 17, 2005
  • Royal P&O Nedlloyd confirms resignation of non-executive directors
  • MOL announces resignation from WTSA & CWTSA
  • British Airways World Cargo: revenues winging up
  • Rotterdam to build extra container terminal for inland and feeder vessels
  • BLG Logistics: 2004 profit surge

Maritime Global Netweb site
MAY 17, 2005
  • Large claims hit UK Club
  • Trailer Bridge reports Q1 boost
  • Bunker buyers "need to revise specs"
  • Lake Charles terminal to be "LNG workhorse"
  • Warning on use of electronic charts
  • ExxonMobil supplying gas oil at Istanbul

Lloyd's Listweb site
  • Oil spill trust fund in danger of running out of cash
    THE Oil Spill Liability Trust Fund, set up under the Oil Pollution Act of 1990 as an insurance mechanism for cleaning up oil spills in US waters, is likely to be exhausted by fiscal year 2009 if present rates of depletion con- tinue unchecked, the US Coast Guard has warned.
  • Aries pitches for $276m Nasdaq listing
    ARIES Maritime Transport has joined the new names looking to entice mainstream investors in Wall Street by seeking to raise up to $276m in a Nasdaq initial public offering to start up an enterprise operating seven product carriers and five containerships.
  • Five-hurricane forecast makes insurers shudder
    ARLENE, Gert, Ophelia, Philippe and Wilma. These are the names that are beginning to send shivers down the spines of insurers and reinsurers who fear that a more active Atlantic Ocean hurricane season in 2005 will bring new multi-billion dollar bills.
  • Shell plans bulk terminal for Hazira
    THE Indian unit of Royal Dutch/Shell will spend $690m on building facilities to handle bulk cargo at Hazira port, Reuters reports .

Fairplayweb site
MAY 17, 2005
  • Seafarers 'in the firing line'
    SEAFARERS feel that they are "in the firing line ' with little support from ashore", said Philip Wake, chief executive of the Nautical Institute yesterday
  • IPOs at frantic pace
    IPO FEVER in New York continues to heat up, with four offerings unveiled in the past four working days
  • Shell expands at Hazira
    ROYAL Dutch/Shell today said it plans to invest Rs30Bn ($682M) in setting up a bulk cargo and container terminal at Hazira in India
  • Box boom drives GL growth
    GERMANISCHER Lloyd's results have been buoyed to new highs by heavy ordering activity in the container ship sector
  • Braemar predicts strong markets
    BRAEMAR Seascope, the UK-based shipbroker, revealed in its annual results today that turnover was up by 65% and net profits rose to £6.5M ($11.9M)
  • Greenpeace captain jailed
  • US oil spill fund running short
  • Wage law: foreign flag cruise only
  • US single-hull phase-out fear
  • Seyang sees sharp fall in profit
  • Ezra to sell five vessels
  • MISC profit doubles after sales

The Journal of Commerceweb site
MAY 17, 2005
  • New air cargo security bill proposed
    Two amendments to authorization bill for Homeland Security would up inspections for cargo carried on passenger aircraft.
  • Portland TEUS plummet in March
  • Customs Update: Chinese textile safeguards
  • Senate approves highway bill
  • Miami port, truckers reach accord
  • FedEx' Smith: Fuel prices to fall
  • Dell, APL Logistics plan N.C. center
  • Container security top SC concern: Study
  • Shell plans India box terminal

Containerisation Internationalweb site
MAY 17, 2005
  • China fuel shortage sees refill quotas at filling stations
    Petrol filling stations in China's Guangdong Province started imposing quota limiting the amount of diesel truckers can refill each time, from May 1, due to fuel supply shortage in China.
  • Shipping majors show interest in second Chennai box terminal
    Global shipping and terminal majors have expressed interest in the project to build a second container terminal at Chennai, to compete with the terminal operated and managed by P&O Ports.
  • China calls for healthy Sino-US trade relations
  • Mediator intervenes in Canadian rail dispute
  • CP Ships reduces Atlantic capacity
  • MSC performs mid-May Baltic shuffle
  • Box terminal will boost Sharjah FTZ
  • SAFETEA could help fight port-congestion ' if progress weren't so congested
  • NYK's Ceres losses running at around US$25m a year
  • Tomasella to furnish Russian market from Kaliningrad factory
  • APL and Dell to build US logistics facility
  • Indian ministries agree on SCI share sale
  • Joint HK-Australia operation sees drugs bust
  • FESCO exercises third Szczecin ship order

TradeWindsweb site
MAY 17, 2005
  • TOP comeback
    Shares in TOP Tankers have rebounded impressively since word of money troubles surfaced last week.
  • TBS listing to enrich insiders
    IPO seeks to raise $68m for new ships but management could walk away with nearly as much.
  • Profits cut at Hanjin
    But yard outperforms larger competitors Samsung and Hyundai.
  • Samsung posts loss
    Though deficit for Korean builder lower than analysts feared.
  • State snares Gdynia shares
    Welcome investment for Polish yard as Industrial Development Agency increases stake to 12%.
  • Yard decline to continue
    Fitch Ratings agency expects weaker cash flows from European shipbuilders to add to consolidation pressure.
  • Q-Ship moves into VLGCs
    Four-ship order at Hyundai will triple company's owned gas fleet.
  • Exmar earmarks LNG newbuildings
    Belgian owner set to extend its LNG regasification vessel fleet with Daewoo duo.
  • Suezmaxes on the move
    Frontline sells on three single hull ships to Ocean Tankers while Papachristidis commits to two 1996-built double hull vessels.
  • Braemar reaches new high
    UK shipbroker posts best-ever profits in high-powered year for shipping.
  • Japanese detentions rise
    April port state control checks net 23 ships, including Seatrade and Oldendorff vessels.
  • Just Champion
    Expanding Norwegian tanker owner more than doubled net profit in 2004.
  • Murmansk asks for pay rise
    Russian owner wants more cash for piloting vessels using country's nuclear-powered ice-breaking fleet.
  • NOL exits Lorenzo
    Singapore national flag carrier offloads stake in listed Philippine shipowner to compatriot.
  • Jaya powers ahead
    Boom in offshore markets helps lift third quarter performance at Singapore shipowner and shipbuilder.
  • Car carrier caught polluting
    USCG finds oily-water separator discharge bypass fitted on K Line chartered African Highway.
  • Jump in Trailer Bridge profits
    Significant reductions in rental expense on vessels and equipment help US short-sea liner operator.

American Shipperweb site
MAY 17, 2005
  • Trailer Bridge's profits soar in first quarter
  • NYK takes Kritikos company to court
  • Coast Guard lifts vessel restrictions on James River
  • FedEx chairman gives economists lesson in economics
  • UPS plans to operate Overnite as subsidiary UPS plans to operate Overnite as subsidiary
  • Supreme Court allows direct buying wine from out-of-state vineyards
  • Study: Trade barriers hinder growth of U.S. logistics companies
  • Census to require Kimberley Process Certificate number for AES
  • Dell, APL sets up logistics center in North Carolina
  • Exel names Benki, McGurin to sea freight positions
  • Descartes hires two senior executives

The Scandinavian Shipping Gazetteweb site
MAY 17, 2005
  • More container newbuildings to Maersk
    A. P. Møller-Mærsk is again signing up for new container carriers. That brings the total A. P. Møller-Mærsk ...
  • More than 1.5 billion ferry passengers 2004
    1,336,631,628 passengers travelled with the world's ferries last year, according to statistics from ShipPax Information in Halmstad, Sweden. The ferries ...
  • Cruise industry passed dream level
    The Cruise industry has recovered from the effects of the terror attacks on 11 September 2001. Figures compiled by ShipPax ...

›››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%)
PORTS
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
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
EDUCATION
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
MEETINGS
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
MOURNING
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
SHIPPING
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
PORTS
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
LOGISTICS
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
PORTS
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
SHIPYARDS
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
SHIPPING
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
PORTS
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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