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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
11:31 GMT+1
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BRIEFS
July 25, 2005
The Business Timesweb site
Shipping News
  • Volatility still governs tanker and oil markets
    TO say that the price of crude oil affects shipping would be stating the obvious but the relationship between the two can be surprisingly complex.
  • Gaps in regional bunker prices on the rise
    WHILE increased crude oil prices have pushed up the general level of bunker prices since early 2003, another less obvious impact is a marked increase in regional price differences within the bunker market.
  • New cruise terminal facilities needed: MPA
    NEW world-class cruise terminal facilities must be developed soon if Singapore is to stay ahead of the rapidly developing regional cruise competition, according to the head of the Maritime & Port Authority of Singapore .
  • Top US port complex starts fees to ease congestion
  • 4 dead, 5 missing in ship collision off Japan
  • Pamela's historic visit

Sched Netweb site
  • Qingdao throughput crosses 100m ton mark earlier
  • IBM introduces supply chain outsourcing transformation
  • Xinjiang sub-contracting exports surge 330 per cent in the first half
  • Swissport, PMSI to provide global cargo security services
  • China's foreign trade up 23pc in H1 year-on-year
  • NOL, Sun Microsystems launch RFID test centre in Singapore
  • Lynden announces new appointments
  • Air China orders 20 A330-200s
  • Southwest plans move to King County International Airport
  • CRS Airline adds three new offices in Spain

Exim Indiaweb site
  • A.P. Møller-P&ONL deal closer to approval
  • Maritime Trade Practices Act (proposed) Practices? What practices?
  • VLCCs sailing towards rosy horizon
  • TSA to impose new inland fuel surcharge
  • Spices Board to market branded products in US
  • CM dedicates 4-laned NH-4B linking JNP to Mumbai-Pune Expressway to nation
  • Rlys to sharpen focus on freight issues, set up council
  • Baalu launches Delhi-Jaipur vehicle tracking pilot project
  • Assocham sees potential to capture 5 pc share of global textile trade
  • Sidbi, IL&FS sign pact to facilitate setting up of 25 textile parks
  • Kamal Nath calls for raising leather exports to $ 7 bn by 2010
  • We've laid base for closer Indo-US ties, says departing US commercial attache

International Transport Journalweb site
  • Heyer and Truppat new faces at Rhenus Midgard
  • Canada feeling impact of Vancouver truck strike
  • Etihad increases Cairo frequencies
  • India to declare three new national waterways
  • Dailyfresh chooses Dunkirk

Maritime Global Netweb site
JULY 22, 2005
  • ITF targets Leonhardt & Blumberg
  • Camillo Eitzen in new deals
  • Volstad orders at Aker

Marine Logweb site
JULY 22, 2005
  • Fredriksen's SeaDrill takes chunk of Indonesian driller
  • Senate panel approves MARAD bill

World Wide Shipperweb site
JULY 22, 2005
  • Airlines propose shift from Sea-Tac to Boeing Field
  • Port Angeles port board Oks airport improvement contract
  • Port of Everett schedules North Marina meeting
  • Tacoma Port Commission Oks revenue bond sale
  • Weekly rail freight traffic has its ups and downs

Lloyd's Listweb site
  • Collision claims four lives off Japan
    TWO ships collided in heavy fog off the Japanese Pacific coast in the early hours of Friday morning, killing four Chinese crew.
  • K Line seeks global 20-year deal with PSA
    K LINE is seeking a long-term contract of up to 20 years with PSA, covering its terminals in Singapore and beyond.
  • PSA eyes dedicated car terminal
    PSA Singapore is studying whether to build a dedicated automotive terminal to meet growing demands for regional transhipment. Japanese lines are keen to be involved in its management.
  • IPOs 'in deep trouble' as Golden Energy delays show
    THE initial public offering market for shipping companies in the US lies in tatters following Genco Shipping & Trading's heavily discounted Nasdaq debut, with at least one company, Golden Energy Marine, abruptly delaying its road show.
  • Stowaways evade death trap in railway container
    THREE illegal immigrants had a narrow escape from a container arriving in the port of Zeebrugge when they managed to call the emergency services in broken Italian to explain that they were trapped in a container on a train that was no longer moving.

Fairplayweb site
JULY 22, 2005
  • Bangladesh to open ferry initiative
    BANGLADESH has been chosen as the pilot project in a joint IMO/Interferry initiative to tackle ferry capsizes and sinkings
  • PONL price dispute
    SHAREHOLDERS representing 54% of the outstanding capital of P&O Nedlloyd disputed the price of at which AP M'ller is to buy the company
  • Concern over insurance stability
    THE threat of aggressive underwriting and a further softening of an already fragile pricing environment are raising concerns at the International Union of Marine Insurance
  • Genco raises $247M
    GENCO Shipping & Trading will begin trading on the NASDAQ today after consummating its initial public offering at a discounted price of $21/share
  • APM sets up $6.5Bn credit line
    AP MOLLER-Maersk has signed an agreement for a $6.5Bn revolving credit facility that will replace an existing facility of $2Bn, CFO Jorgen Endell told Fairplay
  • Yuan impact on shipping minimal
    THE effect of the revaluing of the yuan on shipping and port operations in China will be limited because the revaluation was a 'meagre' 2.1%, a shipping analyst told Fairplay
  • Rio Tinto's ore shipments surge
  • Indon ports resist VAT pressure
  • Puerto Rico port block continues
  • Sovcomflot still plans LNG outlet
  • New Admiralty bill introduced in India
  • Battle lines drawn for Paranagua
  • Government talks on PDV order
  • Sixth storm born off Bahamas
  • Singapore seeks cruise ventures
  • Seaspan unveils mammoth IPO

The Journal of Commerceweb site
JULY 22, 2005
  • ILWU: PierPass violates labor pact
    With off-peak program set to begin Saturday, longshore union accuses marine employers of end-run around new waterfront contract.
  • Snag for Maersk-P&O buy
  • Columbia Coastal to launch Maine-NY barge service
  • Vancouver strike squeezing stores
  • Truck strike hits Puerto Rico port
  • P&O Nedlloyd: Net to rise 27%
  • Tacoma to raise $100 million
  • Genco cuts IPO price
  • Swiss seek U.S. trade pact
  • Seaspan sets share price

Containerisation Internationalweb site
JULY 22, 2005
  • Chinese shippers wary of further Renminbi appreciation
    China's manufacturers, carriers and terminal operators consider the Renminbi's appreciation as a negative factor against exports, but believe that the 2% upward adjustment would not hit the market too severely.
  • Malaysian hauliers fear industry collapse
  • Puerto Rico truckers' strike brings country to a standstill
  • Seaspan to float boxship business
  • PONL executives get rough ride in stormy EGM
  • Bangladeshi ministers clash over rail privatisation
  • KCR Freight to launch HK/Dongguan through train service
  • Manufacturing relocation threatens Busan volumes

TradeWindsweb site
JULY 22, 2005
  • See you in September
    Victor Restis' Golden Energy and Wexford's Cavan Maritime delay offerings until after Labor Day in face of "tired" shipping IPO market.
  • Genco opens on Nasdaq
    Company's IPO nets required $230m to keep bank deal intact after Genco ups shares to 11.76 million.
  • Navios vote set for 23 August
    Angeliki Frangou's $607m takeover of Navios is set for a shareholder vote.
  • Leonhardt & Blumberg in ITF campaign
    German owner under pressure from unions over containership crews.
  • Nymex rolls out new FFA routes
    New York exchange will now offer US-Caribbean contracts.
  • Smit/Wijs renew marriage vows
    Dutch companies committed to 50-50 towing venture as Veldman takes over as head.
  • Panam Sol brings relief
    Tanker to arrive in drought-stricken Bermuda with country's first water shipment in 15 years.
  • D'Amico doubles up
    Paolo and Cesare take home $70m in 2004.
  • Ships collide off Japan
    Japan launches large rescue operation after accident sinks one ship and leaves eight crew missing.

American Shipperweb site
JULY 22, 2005
  • Crowley adding intermodal equipment
  • UPS second quarter net income up 20.5%
  • Cargolux opts for Boeing freighters
  • Delta Airlines' woes continue with $382 million net loss
  • UP net profits soar 47%
  • KCS subsidiary gets $50 million loan for improvements
  • Senate committee approves new TSA chief
  • Pataki, Bloomberg break ground for N.Y.-N.J. ship-to-rail facility

The Scandinavian Shipping Gazetteweb site
JULY 22, 2005
  • D/S "Norden" gains from the high market
    Dampskibsselskabet "Norden" of Copenhagen has once again cashed in on a ship sale. This time it is the product tanker ...

The Bunker Bulletinweb site
JULY 22, 2005
  • US buyers fail to snag hook despite slipping prices
    Quiet trading on the USEC and Gulf Coast sees prices firm slightly, while West Coast keeps a close eye on Asia.
  • Environmental groups hail IMO's Annex VI revision promise
    Environmental groups today hailed a meeting this week with the IMO as a success after the United Nations body agreed to review air pollution standards for the world's shipping fleet, Bunkerworld has learned.
  • Reports: FAL Group buys tanker
    Reports today said that FAL Bunkering has bought a 60,000 dwt tanker, but sources at the company could not confirm the purchase.
  • Asian fuel oil and crude rebounds after Chinese moves
    Benchmark fuel oil prices in Asia rebounded strongly Friday, bolstered by rising crude and Chinese moves that may boost demand for crude and straight-run fuel oil.
  • Shipping emission levels worsening despite countermeasures
    A newly-published paper claims that international shipping emissions of sulphur dioxide and Nitrogen oxides are expected to increase substantially despite the introduction of countermeasures under MARPOL Annex VI.
  • 9,000 dwt Leadership enters Singapore waters
    Independent barge operator Hong Lam Marine has brought into Singapore the newly built 9,000 dwt Leadership, the largest double-hulled bunkering tanker in this region.
  • Offers/bids wide apart in quiet Rotterdam market
  • Torres Straits welcomes newly approved status
    Great Barrier Reef's Torres Straits was recognised as a particularly sensitive sea area (PSSA) by the IMO during this week's MEPC meeting.
  • China softens rule on single-hull ban
    Chinese port authorities are starting to ease the rule implemented on April 5 this year banning single-hulled tankers of more than 20-years-old from entering China's ports.

›››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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