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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
August 29, 2005
The Business Timesweb site
Shipping News
  • Hutchison Port to run terminal in Thailand for vehicles
    HUTCHISON Whampoa Ltd, the world's biggest port operator, said its port unit will build and operate a terminal in Thailand to handle vehicle shipments, its second investment in the South-east Asian country.
  • Thai shipping line sees record 2005 profits
    PRECIOUS Shipping, Thailand's largest shipping company, said it expects record profits this year and a good 2006, with demand likely to remain strong on the back of rising global trade.
  • Paperwork delays China factories: Singamas
    SINGAMAS Container Holdings Ltd, the world's second-biggest maker of shipping containers, said paperwork delays will cause its factories in China to begin production three months behind schedule.
  • US West Coast ports vie for China trade
  • Blast rips ferry in Philippine south-west, wounds 24

Sched Netweb site
  • A P Moller-Maersk edges closer to full ownership of PONL
  • Sinotrans' H1 turnover soars 33.7pc
  • Singapore, Pakistan wrap up 1st round of FTA talks
  • UPS continues expansion drive in China, Asia Pacific
  • Earnings growth for MOL set to continue: report
  • United Airlines suffers US$274m net loss in July
  • Sichuan Airlines starts China-Tibet service
  • Asia Airfreight Terminal, GLSHK sign cargo data MOU

Exim Indiaweb site
  • A.P. Moller-Maersk secures 99.67 pc stake in P&ONL
  • Esskay Shipping sets new steam coal discharge records at Vizag Port
  • Manufacture of huge ships may come on L&T drawing board soon
  • Handlooms target $ 50 bn export by 2010
  • Indian shoe quality makes imprint overseas
  • US estimates India's wheat import needs at 1 m tonnes
  • KoPT chief wants port policy to focus on dry bulk cargo too
  • 6 bidders submit RFQ to develop TPT's 2nd box terminal
  • Sethusamudram dredging projects attract 4 global majors
  • GDL sounding CONCOR on dedicated rakes
  • Yarn, fabrics, made-ups lead import list to constitute value-added garment exports
  • Minister: We'll make India petro-products export hub
  • Road & Highways Dept seeks Rs 30,000 cr. more in budgetary support to keep projects going
  • Food processing units being modernised, says Minister
  • ECGC settles record number of cases
  • Govt earmarks Rs 290 cr. capital subsidy for leather industry's modernisation
  • Infrastructure panel to finalise model concession pact for 4-laning this week

International Transport Journalweb site
AUGUST 26, 2005
  • Logochem Linz appoints new sales manager
  • MacAndrews strengthening agency presence
  • Volga-Dnepr concludes financial agreement for aircraft production
  • RH Freight: partnership with Fiege in Switzerland
  • Panalpina reports convincing interim results

Maritime Global Netweb site
AUGUST 26, 2005
  • Strong result from AP Moller - Maersk
  • Far Swan sold for US$38.7m
  • P&O sells more property
  • Stolt-Nielsen in US$200m share buy-back

Marine Logweb site
AUGUST 26, 2005
  • VT Halter Marine wins more Crowley ATB orders
  • Kvichak to build high speed landing craft
  • ONR contract for Ketchikan shipyard
  • S&P affirms Star Cruises' credit rating

World Wide Shipperweb site
AUGUST 26, 2005
  • FRA earmarks $2.4 million for Tacoma Rail upgrades
  • All sectors positive for US rail freight
  • Federal funds heading to Oregon/Washington airports
  • American Airlines Cargo bumps up fuel surcharge
  • Purchase of Navios closed by International

The Journal of Commerceweb site
AUGUST 26, 2005
  • Gulf Coast readies for Katrina
    The Coast Guard closed all ports from New Orleans to the Florida Panhandle ahead of the arrival of the massive hurricane early Monday.
  • Maersk garners 99.67% of P&O Nedlloyd
  • Deadline extended for HK box security test
  • Vancouver adds intermodal capacity
  • Fuel charge unchanged for USSEC
  • EU may drop proposal for crews to handle cargo
  • Corps rejects drought relief for barge traffic
  • Crowley signs for four more tug-barge units
  • Airlines join air-cargo project

Containerisation Internationalweb site
AUGUST 26, 2005
  • Major terminal operators pushing prices to 'stratospheric' levels
    Port-operator Portek International is 'baffled' by 'stratospheric' prices big operators are paying for container terminals around the world.
  • Sinotrans to set its own course, with owned ships and terminals
    Sinotrans executive director and president Zhang Jianwei said today that the company would consider enhancing handling capacity by acquiring its own ships, to minimise the impact of high chartering-rates.
  • High waters sweep east into Danube basin
  • AAR customer saves time but not money
  • Echoes of the 'CMA Ships' idea heard in the market place
  • Xiamen welcomes first batch of zero-tariff Taiwanese fruits
  • JN Port boycott called off
  • South Florida ports assessing storm damage
  • Gothenburg figures show steady container increase
  • Gwangyang to construct port hinterland
  • Over 99% of RPONL in AP Moller-Maersk hands

TradeWindsweb site
AUGUST 26, 2005
  • TUI unveils rights issue
    Tour operator will offer investors new shares at 27% discount to raise $1.2bn to pay for CP Ships.
  • Four more for Crowley
    US Jones Act player stakes $190m on four ATBs at Halter yard, nearly doubling its coastwise barge fleet by 2008.
  • K Line takes first from China
    Car carrier from Nacks will have enhanced environmental features.
  • Evergreen builds earnings
    Strong first-half demand for services into the US boosts Taiwanese boxship giant's result.
  • NOL volumes up 10%
    Singapore liner operator handled 13,800 more containers in July compared to twelve months earlier.
  • Russia to axe Novoship deal
    Government reportedly ready to annul suezmax sale to bank in row over "asset-stripping."
  • Passengers escape ferry blaze
    North Korean-flag ship assists in evacuations after Turkish ro-ro catches fire.
  • India wants new yards
    Shipping minister TR Baalu said the country is considering building two "international-size" shipyards.
  • Canada holds duo
    Only two vessels failed port state control checks during July.
  • Farstad sells Swan
    Norwegian owner offloads platform supply ship for NOK 83m profit.
  • Tokai thinks positive
    Japanese ferry owner cutting losses in 2005 and expects to be in black by year-end.
  • Wanted: Stolt shares
    Stolt-Nielsen wants to buy back up to $200m of its own stock.
  • AP Moller builds profit mountain
    Danish giant posts suitably huge first-half earnings as boxships perform ahead of Nedlloyd merger.
  • RAM reaffirms HUBLine rating
    Malaysian intra-Asian operator looking to expand as it gets thumbs up from local credit rating agency.

American Shipperweb site
AUGUST 26, 2005
  • A.P. Moller-Maersk's container shipping unit profits up 30%
  • A.P. Moller-Maersk secures 99.67% of Royal P&O Nedlloyd shares
  • U.S./South Europe carriers extend bunker charges to October
  • TACA extends suspension of L.A.-Long Beach congestion surcharge
  • K-Sea acquires West Coast barge operator
  • WITASS hikes congestion surcharge in Trinidad, cancels it in Venezuela
  • UAL Corp. reports $274 million net loss in July
  • Gorman rises to top of Jevic
  • Still smooth sailing at Los Angeles, Long Beach
  • Nanjing box terminal open for business
  • Hutchison awarded 30-year concession for Laem Chabang ro/ro terminal
  • Portek's profits up 26%

The Scandinavian Shipping Gazetteweb site
AUGUST 26, 2005
  • Ferry companies hit by bunker costs
    Norwegian ferry companies are severely hit by escalating bunker costs and they have indicated they want to renegotiate their subsidies ...
  • New ferry line Kristiansand-Hanstholm
    A new passenger/ferry line is scheduled to start from Kristiansand to Hanstholm around the turn of the year by ...
  • Nordea increases profit from shipping sector
    Nordea's shipping and energy division, which reports as part of the corporate and institutional banking division, added EUR 280 million ...

The Bunker Bulletinweb site
AUGUST 26, 2005
  • US prices post new records, hurricane hits Florida
    As hurricane Katrina disrupted bunker operations in Florida today, prices on the USEC climbed to new highs with Houston staying quiet.
  • Regular product shortages for foreseeable future
    Total Lubmarine says a very tight supply position and regular product shortages are likely to remain in the marine lubes industry for the foreseeable future.
  • Vopak H1 results: Singapore singled out for more growth
    Terminal giant reports marked growth in H1 profits as market fundamentals boost demand for its services.
  • New contact details for JSC Bunker Co. Archangel
  • Colombo: Supplier makes first in port delivery
    Lanka Maritime Services has completed its first in-port delivery at Colombo after over a year of legal wrangling.
  • Egypt: Independent surveyor vouches for fuel oil quality
    Cargo surveyor responds to recent reports about quality problems with bunkers from Port Said.
  • ARA market: Many suppliers fully booked for August
  • South Africa: Authorities look into handling oil spill
    Joint assessment underway on the readiness of handling a major oil spill along the country's 3,500 kilometre (km) coastline.

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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