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05 November 2024 - Year XXVIII
Independent journal on economy and transport policy
14:42 GMT+1
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BRIEFS
August 23, 2005
The Business Timesweb site
Shipping News
  • Australia's Toll group in A$4.9b bid for Patrick
    AUSTRALIA's largest land transport group, Toll Holdings Ltd, made a hostile A$4.9 billion bid for port operator Patrick Corp to boost its rail, road transport and air freight businesses.
  • Call for urgent review of Malacca Strait risk assessment
    AN 'urgent and thorough' review of the risk assessment of the Malacca Strait by London marine underwriters is needed, said the Federation of Asean Shipowners' Associations following the underwriters' refusal to back down on the issue last week.

Sched Netweb site
  • CP Ships accepts TUI's US$2b cash offer
  • Shallow dip forecast for box trade in 2006: report
  • MISC explores link with foreign lines
  • US trucking industry in danger of infiltration by terrorists: consultant
  • BAX Global appoints new corporate director in India
  • Northwest to keep flying despite mechanics strike
  • Indian airlines looking for international tie-ups
  • Arabian Airlines gains IATA security certification

Exim Indiaweb site
  • TUI AG offers to buy CP Ships for $ 2 bn
  • Insurers maintain high-risk grading on Malacca Strait
  • ABG Shipyard takes IPO route to raise funds
  • Shipping industry apprehensive about Admiralty Bill
  • BIMCO's 14th Masterclass Workshop on Nov. 2-4
  • Enticed by Indian leather goods, MNCs eyeing stake in manufacturing cos
  • Garment fair nets Rs 325-cr. business deals
  • Sethusamudram dredging works evoke excellent response from bidders
  • MoS clears decks for TPT's 2nd box terminal
  • Gujarat govt sounds British Gas, IOC on development of 2 LNG terminals
  • Scrap discharge record set by Vizag Seaport
  • Vizhinjam port project draws just 2 bidders
  • Forex reserves up by $ 2,037 million to $ 1,42,637 million
  • India can gain $ 40-60 bn annually from outsourcing-UNCTAD
  • Anti-dumping duty on PTFE from China mooted
  • Textile Committee to figure it out
  • Most SMEs on expansion track, finds CII survey
  • Ficci lays out agenda for tax laws review
  • Over a billion flows into forex kitty
  • Investors see roadblocks in draft BOT pact

International Transport Journalweb site
AUGUST 22, 2005
  • A. P Møller'Mærsk reorganises executive team after PONL acquisition
  • Tui/Hapag-Lloyd to acquire CP Ships
  • PortGround takes on ramp handling for DHL in Leipzig
  • Fréjus tunnel reopens ahead of schedule
  • Schenker wins logistics tender from Metro for the Ukraine

Maritime Global Netweb site
AUGUST 22, 2005
  • IPBCC announces rate increase
  • Camillo Eitzen & Co sees profits drop
  • Golden Ocean enjoys good second quarter
  • Asian shipowners disappointed with war risk meeting

Marine Logweb site
AUGUST 22, 2005
  • ASL to expand Batam and Singapore shipyards

World Wide Shipperweb site
AUGUST 22, 2005
  • CP Ships' board backs buyout offer
  • Western states set record for lumber production during year
  • Portland Women's Shipping Club calling for Boss of the Year nominations
  • Department of Transportation lays down new trucker rules
  • Tall Ship LADY WASHINGTON stops in Everett for public tours

Lloyd's Listweb site
  • Tui trumps rival bids for CP Ships but CMA CGM may yet up ante
    GERMAN container line Hapag-Lloyd has pulled off a stunning coup after topping rival bids for CP Ships with an offer that values the UK-headquartered company at $2.3bn.
  • Toll confirms hostile bid for Patrick - then gets rejected
    AUSTRALIAN logistics group Toll Holdings has confirmed a A$4.6bn (US$3.5bn) hostile cash and scrip offer for Patrick Corp, just days after calling initial reports of the bid "old news", write Rob McKay and Lloyd's List DCN.
  • NYK-Lauritzen reefer merger approved
    JAPAN'S NYK and Denmark's J Lauritzen have received the go-ahead to merge their refrigerated cargo activities, writes Janet Porter.
  • New talk shop marks closer co-operation between Lloyd's and the company market
    CLOSER ties in London between Lloyd's and the company market ' once renowned for their mutual indifference ' deepened yesterday with the creation of a joint marine claims talk shop.

Fairplayweb site
AUGUST 22, 2005
  • Hapag parent wins CP Ships
    TUI AG, the parent of German container line Hapag-Lloyd, has agreed a Euro1.7Bn ($2Bn) takeover deal with CP Ships
  • Shell out of Venezuela gas
    VENEZUELA has confirmed that Royal Dutch Shell will not be a partner in its $2.7Bn Mariscal Sucre natural gas project, ending years of negotiations
  • Ecuador truce declared
    ECUADOR'S oil production rebounded yesterday after an end to protests that had severely disrupted exports last week
  • Lakes ferry 'curse' continues
    THE Great Lakes fast ferry Spirit of Ontario has experienced yet another mishap, crashing into the Toronto terminal in Canada while under the control of a master trainee
  • New bill to hit Indian breakers
    SHIPBREAKERS in India are protesting against the newly proposed Admiralty Bill 2005 which amends admiralty jurisdiction of courts and ship arrest, detention and sale rules
  • Hamburg applauds Hapag deal
    HAMBURG state government has welcomed the planned takeover of CP Ships by Hapag Lloyd's parent TUI
  • Tokyo MoU looks to operations
  • Trindad blast: 'Human error'
  • Toll bids for Patrick
  • India takes 1.25M tonnes of LNG
  • GE Shipping denies split rumours
  • French coast guard too expensive

The Journal of Commerceweb site
AUGUST 22, 2005
  • Hapag-Lloyd parent to buy CP Ships
    TUI, Germany's largest tourism company, agrees to $2.1 billion cash deal that will create world's fifth-largest container carrier.
  • July warms to West Coast imports
  • NOL volumes rise
  • Security fee for New York terminals
  • Customs tests FTZ e-reportng
  • Northwest flying despite strike
  • New hours-of-service rules issued
  • China Shipping profit rises
  • NYK, Lauritzen merge reefers
  • Panama Canal waits decline

Containerisation Internationalweb site
AUGUST 22, 2005
  • Offer to CP Ships likely trumps other bidders, says Canadian bank
    National Bank Financial (NBF) today said the US$2.3bn offer from Germany's TUI AG for CP Ships likely trumps any other bidders who have been lurking in the weeds.
  • Toll in hostile bid for Patrick
    Australia's leading broad-spectrum transport group, Toll Holdings, has launched a A$4.6bn (US3.45bn) takeover bid for the nation's number two, Patrick Corporation.
  • HK Port efficiency beats China cost gap, says shipper
  • HK shippers say documentation charge hike unreasonable
  • TUI swoop for CP Ships
  • APL sees revenue/FEU hit 13-year peak
  • Russian Railways confirm $1.22bn rouble-only bond issue
  • India and Pakistan to review shipping protocol
  • Dubai Port Phase I expansion begins

TradeWindsweb site
AUGUST 22, 2005
  • Hapag's Hanseatic holed
    German passengers are being flown home after a cruiseship grounded off Spitzbergen.
  • CSCL keeps it coming
    China Shipping Group's boxship unit builds first half profit on back of bigger volumes.
  • Bogazzi buys out V.Ships
    Italian owner's Navalmar takes sole control of New York-listed MC Shipping.
  • Can Gio can go
    Vietnamese cargoship held in Tanzania for more than a year is on its way home.
  • NYK, Lauritzen get green light
    Japanese and Danish owners' reefer tie-up cleared by European Union.
  • TUI shares slide
    German group's stock price takes a dip in early Monday trading, in reaction to CP Ships takeover bid.
  • MBC milks second-hand market
    Six ship sales send Malaysian owner's profit soaring in first six months.
  • Taiwan Navigation rises again
    Taiwanese bulker and tanker player builds profit once more in first half.
  • ABG files for offering
    Indian shipbuilder outlines plan for IPO as it seeks to boost capacity.
  • Toll bids for Patrick
    Australian logistics and transportation group makes $3.5bn unsolicited bid for domestic rival.
  • Take the money
    CP Ships' board of directors have recommended that shareholders accept TUI's $2bn offer.
  • Aussies arrest livestock ship
    Authorities in Adelaide hold Mawashi Al-Gasseem over alleged $600,000 in unpaid debts.
  • SSC sells VLCC stake
    Singapore Shipping Corp has sold its 20% stake in the MOL single-hulled Bright Artemis.
  • ASL plans to expand
    Singapore firm plans to introduce capesize drydock to Batam facility plus infrastructure investments.

American Shipperweb site
AUGUST 22, 2005
  • CP Ships agrees to TUI's $2.3 billion offer
  • MISC's pre-tax profit down 5%
  • China Shipping adds calls at Halifax, Miami
  • Asian ship owners disappointed with Malacca Strait ruling
  • Maritime attorney Fred Fisher dies in California
  • TNT adds 757 to Western Europe route
  • Freightliner takes delivery of all-new box handling equipment fleet
  • Hong Kong shippers protest $125 documentation fee
  • PWC Logistics wins third U.S. military contract in three months
  • Ensenda names Smith CEO
  • PMSA lauds California legislature for passing SECA resolution
  • Dubai Ports starts Jebel Ali expansion project
  • Bristol Port Co. orders post-Panamax crane from Kalmar

The Scandinavian Shipping Gazetteweb site
AUGUST 22, 2005
  • New European container gigant formed
    German TUI has launched an offer worth USD 2.3 billion for Canadian CP Ships. The deal includes assumption of net ...
  • The EU Commission gives green light to reefer merger
    The EU Commission has approved the merger of Lauritzen Cool's and NYK Reefers' reefer activities. The new company, owned on ...
  • Fjord Line suffers from competition
    Bergen-based passenger ferry operator Fjord Line is increasingly exposed to competition from Color Line to Denmark and generally from ...

The Bunker Bulletinweb site
AUGUST 22, 2005
  • Panama prices close gap on Houston
    Prices in Panama softened today with suppliers shrugging off reports of tight avails on the Caribbean coast.
  • US markets firm to record levels
    Bunker markets quiet in the US, but tight avails see New York prices at record levels.
  • DMCC: Newly appointed Energy Director forging industry links
    Newly appointed energy director to develop regional market and product development for the energy sector, including a fuel oil futures contract on the Dubai Gold & Commodities Exchange.
  • Ventspils: Bunkering resumes after extended barge absence
    Normal supply capacity resumes but annual sales volume could suffer.
  • Few fixtures despite open arb, record high Asian prices
    Despite benchmark fuel oil prices in Asia reaching record highs and the opening of the arbitrage window from Europe, Asia-bound fixtures remain few and far between.
  • Shipping lines introduce US to Asia fuel surcharges
    Surcharges only partially successful in defraying extra fuel costs.
  • Rotterdam firm this afternoon
  • Japan: Poor demand hits bunker market
    Poor bunker demand has hit the Japanese market and several bunker traders report zero enquiries.
  • Lanka IOC explores bunkering services off Trincomalee
    Lanka IOC confident Trincomalee can be developed into a regional bunkering hub.

›››File
FROM THE HOME PAGE
At the end of the year Fret SCNF will cease to exist and the activity will be detected by the new companies Hexafret and Technis
St. -Ouen
The deal is aimed at averting the payment of 5.3 billion euros.
Tzitzikostas : At the beginning of my mandate I will present a strategy for European ports
Tzitzikostas : At the beginning of my mandate I will present a strategy for European ports
Brussels
"The competitiveness of the transport sector must be based on sustainability," the European Commission said.
Norwegian Cruise Line Holdings records record quarterly revenue
Miami
In the July-September period of this year, the group's ships have embarked on 812mila passengers (+ 9.7%)
The intermodal hubs of Melzo and Milan Smistamento will be retaken in the ZLS of the port and retroport of Genoa
Milan
Deliberation approved by the regional junta of Lombardy
It amounts to 39 billion euros per year the public investment needed to decarbonize European transport.
It amounts to 39 billion euros per year the public investment needed to decarbonize European transport.
Brussels
The estimate in a new study of Transport & Environment
The crisis in the Red Sea has caused a hole of six billion dollars in Egypt's coffers
The crisis in the Red Sea has caused a hole of six billion dollars in Egypt's coffers
Cairo / Alexandria
Scali at the Egyptian port of El Dekheila of the services of Vuxx Shipping between China and Russia
In the third quarter, freight traffic in Chinese seaports grew by 1.7% percent
Beijing
The only volumes to and from abroad have increased by 5.0%
In the July-September quarter, naval traffic in the Bosphorus Strait grew by 6.4%
Ankara
In the first nine months of 2024, the increase was 7.1%
DFDS will not acquire the international transport network of Ekol Logistics
Copenhagen / Istanbul
Exchange of allegations : The Danish group claims that certain contract conditions have not been met ; the Turkish company replies that it has received a discount request in the last 24 hours
In the first quarter of this year, traffic in European Union ports fell by -3.2% percent.
In the first quarter of this year, traffic in European Union ports fell by -3.2% percent.
Luxembourg
The only traffic in containers (+ 5.2%) is growing. Still doubts about the figures attributed to Italy
ECSA and T&E are calling for the Clean Industrial Deal to support the energy transition of shipping
Brussels
Among the demands, make ecological naval fuels available in ports
In the July-September quarter, ONE revenue grew by 65.2% percent.
In the July-September quarter, ONE revenue grew by 65.2% percent.
Singapore
The volumes of containers carried by the fleet increased by 6.6%
In the third quarter, the financial and operational results of COSCO were substantially increased.
In the third quarter, the financial and operational results of COSCO were substantially increased.
Shanghai
The volumes of containers carried by the fleet increased by 8.6%
Maersk records glowing quarterly results
Maersk records glowing quarterly results
Copenhagen
A strong performance in the containerized shipping industry has been decided. Also growing terminal and logistics
Confitarma lists actions to increase the contribution of shipping to the Italian System
Naples
Le Aziende informanoSponsored Article
ITS Costruttori, il futuro dei cantieri inizia in Accademia
Oltre 420 posizioni aperte in 17 corsi totali, con un tasso di occupazione post diploma di circa il 95% in media
In the third quarter the traffic in goods in Turkish ports decreased by -1.8%
Ankara
Volumes to and from Italy have increased by 2.9%
The Court of Appeal in Reggio Calabria gives reason to the AdSP of Gioia Tauro in the litigation that juxtaposes it to the Corap
A litigant remains pending in front of the Court of Cassation
Maersk signs an agreement with Chinese LONGi to supply its own dual-fuel vessels of methanol
Copenhagen
The Danish group already has agreements in place to meet more than 50% percent of its demand for methanol planned for 2027
Royal Caribbean again records financial results and record quarterly operating
Royal Caribbean again records financial results and record quarterly operating
Miami
In the July-September period, revenues increased by 17.4%
The association of European ports is alarmed for the planned reform of EU funding to transport infrastructure
Brussels
Transport policy and transport funding must be based on a European approach.
In the third quarter of this year, the transits of large vessels in the Panama Canal were down -38.3% percent.
In the third quarter of this year, the transits of large vessels in the Panama Canal were down -38.3% percent.
Balboa
-36.9% reduction in the volumes of goods transported through the Central American waterway
CMA CGM associates with Marsa Maroc for the management of a container terminal in the port of Nador
Marseille
Expected an investment of 280 million
Maersk confirms participation in service between Turkey and East Coast USA with scallops in Salerno, Livorno and Tanger Med
Copenhagen
Will be activated on 1st February 2025
Hapag-Lloyd will introduce shots at Italian ports in two services between the Mediterranean and East Coast USA
Hamburg / Haifa
Touches in Genoa, Livorno and Salerno in collaboration with ZIM
In the third quarter the terminals of COSCO Shipping Ports handled 29.1 million containers (+ 4.8%)
Hong Kong
Wan Hai Lines orders eight new container ships from 16,000 teu
Taipei
Committed to South Koreans HD Hyundai Samho and Samsung Heavy Industries
Fincantieri-EDGE agreement for the development of solutions for the underwater needs of military navies
Abu Dhabi / Trieste / Paris
The joint venture Maestral will deal with the design, development and construction of underwater systems
WSC, crucial mandate of new European commissioner for transport to ensure decarbonisation of shipping
Brussels
The shipowner association indicates some other priorities to be addressed
Federagents ready to illustrate to institutions the priorities of Italian ports
Rome
Pessina : available to our know-how to suggest the measures to be taken
Sébastien Romani is the new CEO of Forship Spa
Go Ligure
Subenters to Giuseppe Scognamiglio
Restyling of the landing area of the Cruserists in the port of Catania
Catania
In 2023 the traffic of cruises in the Sicilian stopover increased by 43.7% percent.
Resume work for the completion of the commercial docks of the Milazzo Port
Messina
The realization of 18,000 square metres of new aprons is planned.
In the third quarter, Kalmar's turnover fell by -16% percent.
Helsinki
New orders increased by 6%
Approved the 2025 forecast budget of the West Liguria AdSP
Genoa
Ok also at the annual review of the Triennale Operating Plan 2023-2025
Approved the 2025 forecast budget of the Central Adriatic System Authority of the Central Adriatic
Ancona
The first crane arrived to make Giammoro's pontile operating near Milazzo.
Messina
Will be installed by end of year
Green light to the forecast budget and the three-year plan of the work of the Eastern Liguria's AdSP
The Spezia
In the first nine months of 2024 the traffic of containers at Spezia grew by 8.1% percent. On 14 and November 15 the event "A Bridge To Africa"
Approved the forecast budget 2025 and the POT 2025-2027 of the AdSP of the Southern Tirreno and Ionian
Joy Tauro
Port of Livorno, seized a 40-pound load of cocaine
Livorno
Tracts under arrest three people
Approved the 2025 forecast budget of the AdSP of the Northern Tirreno
Livorno
Ok unanimous also at the Triennale Operating Plan 2024-2026
Rail Cargo Group activates a rail service between Belgrade and the port of Rijeka
Vienna
Two weekly rotations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
HHLA reaps upward forecasts for the full financial year 2024
Hamburg
Also expected to be a slight increase in the volumes of container traffic handled by port terminals
In the third quarter, the revenues of COSCO Shipping Ports grew 11.2%
Hong Kong
In the first nine months of 2024, the increase was 5.8%
Approved the 2025 forecast budget of the AdSP of the Sardinia Sea
Cagliari
Also free from the three-year programme of works
Savino Del Bene has acquired the Seabridge Transport in Hamburg
Hamburg / Florence
The company was already acting as the administrative headquarters for the German operations of the Italian group.
In the third quarter, freight traffic in Albanian ports grew by 14.0% percent.
Tirana
In the first nine months of this year, the increase was 14.3%
In 2026, for the first time, MSC Cruciere ships will reach Alaska
Geneva
"MSC Poetry" will carry out weekly itineraries from Seattle
COSCO Shipping Lines orders six new container ships from 13,600 teu to Hudong-Zhonghua Shipbuilding
Shanghai
They will be taken in delivery by 2027
Wärtsilä records a robust uptickdown in quarterly turnover
Helsinki
In the July-September period, the value of new orders rose by 1% percent.
Unified concession for formal act for the Intergroup terminal in Gaeta port
Cyvitavecchia
Has a duration of 12 years
Arrive in the port of Gioia Tauro the last two of the 13 new quay cranes of the MCT
Joy Tauro
They can work on capacity container carriers up to 25mila teu
Assologistic has published a practical guide to customs reform
Milan
Illustrated and analyzed the novelties and critiques of the new legislative plant
In the third quarter, shipping containers in Spanish ports increased by 9.9% percent.
Transhipment traffic grew by 13.2% percent, the import-export trade of 6.4% percent.
USB Mare and Porti criticizes the agreement for the renewal of the contract of port workers
Rome
Signed the voluntary agreement "Ancona blue agreement"
Ancona
The aim is to reduce the impact of emissions from cruise ships, ro-ro and ferries that climb the dorsal port.
Italian Coast Guard and the Italian Academy of Mercantile Academy in support of the Maritime Administration of Ukraine
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
On Friday, the public assembly of Federagents will be held in Rome.
Rome
The Federation celebrates the 75 years since its founding
Spediporto has organized a two-day trip on the Green Logistic Valley and Italy-China trade
Genoa
It is scheduled on 22 and October 23
››› Meetings File
PRESS REVIEW
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
Russia and India join forces in the Arctic, leaving China aside
(News.Az)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Fincantieri opens in San Francisco a center for the development of dual-use technologies applicable both in civilian and military sectors
Trieste / San Francisco
It is housed at the Mind the Bridge Innovation Center
Japan's MHI-MME initiates a license agreement with Chinese Jiangsu Masada
Nagasaki
The aim is the development of the production and sale in China of turbochargers for two-stroke marine engines
By November the ownership of the Victory Shipyard will go to CNV
Venice
Mantovan (Veneto Region) : A new trade union agreement will be built that will cover the 48 workers in organic
In the third quarter, the commercial activity and financial performance of Konecranes grew
Helsinki
The value of new orders for the supply of port means increased by 44.1%
In 2025, a 3.9% increase in cruising traffic in Adriatic ports is expected
Ravenna
Responses Tourism believes that the traffic of ferries, catamarans and aliscafi will record further slight growth
COSCO Shipping Ports acquires stakes in the two port terminals of Hutchison Ports in Laem Chabang
Hong Kong
Investment of 110 million
GNV has taken delivery of the new ferry GNV Polaris
Genoa
First of four new ro-pax units built in China, it will enter service by January
John Xylas will be the new president of Intercargo.
John Xylas will be the new president of Intercargo.
London
He will subordinate to Dimitrios Fafalios, who has been named honorary president
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