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24 January 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
Container traffic at the Port of Los Angeles grew by 19.3% last year
Los Angeles
In the fourth quarter alone the increase was +21.5%
HMM signs agreement with JNPA to collaborate on development of new Indian port at Vadhvan
Seoul
The port will have a container traffic capacity of 23.2 million TEUs
EU customs reform must make trade and business easier
Brussels
23 organizations underline this in a joint statement
Launch in Ancona of the luxury cruise ship Four Seasons I
Trieste
Fincantieri to deliver the unit to Four Seasons Yachts at the end of 2025
Launch event in Brussels of the European Maritime Skills Forum
Brussels
In 2024, the port of Tanger Med handled a record traffic of 10.2 million containers
Anjara
New peaks also in other business segments
South Korea's KSOE wins order to build 12 18,000 TEU containerships
Seoul
HD Hyundai Heavy Industries' turnover increased by +21.1% in 2024
Fire breaks out on the Rospo Mare B oil platform off the coast of Vasto
Rome
There were no injuries or traces of pollution in the sea
Galaxy Leader Sailors Freed
London
Today the 25 crew members left Yemen on board a plane
Contract with Russian company that managed Syrian port of Tartous terminated
Damascus
The agreement included investments of 500 million dollars
Brussels OKs DP World-Arcese Automotive Joint Venture
Brussels
Initially, the activity will be carried out in France and Poland
Royal Caribbean orders sixth Edge-class cruise ship at Chantiers de l'Atlantique
Miami/Saint Nazaire
It will be taken over in 2028
Louis E. Sola is the new chairman of the Federal Maritime Commission
In 2024, ship transits through the Suez Canal decreased by -50%
Ismailia
The total was about 13,200 units compared to over 26,400 in 2023
Uiltrasporti urges to restore measures to support rail freight transport
Rome
Definitive cancellation of the 65 million fund from the Budget Law
The Trump unknown also weighs on the Panama Canal
Washington
While the tycoon dreams of taking it over with weapons in hand, a bill proposes to start negotiations with the Panamanian government
FSG bankruptcy trustees announce interest from multiple investors in shipbuilding group
Rendsburg/Flensburg
These are German companies operating in the same sector
Port of Long Beach closes 2024 with new annual, half-year and quarterly container traffic records
Long Beach
Total freight traffic also reached a new historical peak during the year.
The Biden administration's latest move is to accuse China of seeking dominance in the maritime, logistics and shipbuilding sectors
Washington/Beijing
Harsh reaction from Beijing's Ministry of Commerce and the China Shipyards Association
The AdSP of the Central Tyrrhenian Sea confirms the commitments made towards its employees
Naples
The organization hopes "that a climate of relaxation can be restored"
Uniport, exemption from compulsory insurance for vehicles used in port terminals is a good thing
Rome
Hanoi government authorizes initial investment for new port planned by MSC and VMC
Hanoi
Vietnam Port Development Plan to 2030 Approved
Filt, Fit and Uilt announce a resumption of the strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
New protest action scheduled to start on February 3rd
Annual container traffic at PSA port terminals exceeds 100 million TEU for the first time
Singapore
Record in both Singapore and overseas terminals
Confitarma calls for the urgent reinstatement of the rule on simplified recruitment of seafarers
Rome
Sisto: Simplification has proven to be an important step forward for the sector
Sharp drop of -17.1% in freight traffic in the port of Taranto in 2024
Taranto
In the last quarter alone the decline was -3.0%
Container traffic in Hong Kong port decreased by -4.9% in 2024
Hong Kong
In the fourth quarter alone, 3.5 million TEUs were handled (-2.7%)
New NATO mission to strengthen protection of undersea infrastructure in the Baltic Sea
Mons
The use of a small fleet of naval drones is also planned
In 2024, the port terminals of China's CMPort handled a record container traffic
Hong Kong
The total was 146.3 million TEU (+6.4%)
Yang Ming also renews service between Western Mediterranean and US East Coast
Keelung
In Italy stopovers in Salerno, La Spezia, Genoa and Vado Ligure
Twelve associations call for agreeing on measures to improve rail capacity management in the EU
Brussels
Genoa Port Terminal, green light for provisional concession until next June 30
Genoa
The Management Committee of the Western Ligurian Sea Port Authority has unanimously decided this
In 2024, passenger traffic managed in Genoa by Stazioni Marittime decreased by -4.4%
Genoa
Ferries stable and cruises down -9.8%. Cruise activity expected to increase in 2025
CMA CGM to remove Livorno calls from Amerigo service, replacing them with calls at Salerno
Marseille
New configuration in line with that of the Ocean Alliance partners
From April, Ocean Alliance ships will call at seven Italian ports, four of which will be visited only by COSCO/OOCL
Shanghai/Hong Kong/Taipei/Marseille
Salerno will enter and Livorno will exit the new configuration of the containerized maritime services network
Leonidsport (Louis-Dreyfus family) submits offer to acquire 21% of Thessaloniki Port Authority
Athens
The expected investment is up to approximately 57 million euros
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
The unions confirm the three-day strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
The protest action is scheduled for January 31, February 3 and 4.
Rolls-Royce wins record contract for Royal Navy submarine fleet
London
Eight-year, £9bn contract
Transported, the DURC in road transport is used to avoid paying for services
Rome
The rules - the association denounces - are openly violated by the clients
Kombiverkehr restores rail link between Lübeck port and Verona
Frankfurt am Main
Schedule two departures per week in both directions
AD Ports signs deal to build logistics park at Alexandria Port
Cairo
The business will be developed with the Holding Company for Maritime and Land Transport
The Panama Canal is and will continue to be Panamanian
Davos
This was underlined by the president of the Central American nation, José Raúl Mulino
Autamarocchi acquires control of Dissegna Logistics
Trieste
The Rossano Veneto company operates in the intermodal transport sector
Rubboli (Assologistica): Italian ports need more efficient and coordinated governance
Milan
Port of Ravenna, incentives for the purchase of "green" port vehicles
Ravenna
Maximum ceiling of 300,000 euros for each beneficiary
20% of Omani Asyad Shipping Company's capital up for sale
Muscat
Listing on Muscat Stock Exchange expected
Order to Circle for the management of data relating to rail and intermodal traffic of a port
Milan
ANSFISA adopts guidelines for the assessment and risk management of the rail transport of dangerous goods
Rome
Over 217 kilos of cocaine seized in the port of Livorno
Leghorn
They were hidden in a container containing wood from South America
Merlo leaves the presidency of Federlogistica to Davide Falteri
Rome
Logistics - he underlined - is one of the drivers of the national economic system
Germany is studying a network of floating terminals for the import of clean hydrogen
Berlin
Memorandum of understanding signed by SEFE and Höegh Evi
The executive design service for the reclamation of the Molo Italia seabed in La Spezia has been awarded
The Spice
Fratelli Cosulich orders fourth methanol-ready unit
Genoa
It will be built by Taizhou Maple Leaf Shipbuilding
In Spain, a logistics network for rail transport of biofuel to ports is being studied
Madrid
Agreement between Adif and the Exolum Group
MSC Interested in Starting Shipbuilding and Repair Business in India
Gurgaon
Comparison with the naval engineering company Swan Defence And Heavy Industries
Luka Koper has ordered four new rubber-tyred gantry cranes from Konecranes
Coper
They will be the first vehicles powered exclusively by electricity at the Slovenian airport
LNG and bio-LNG bunkering vessel arriving at the port of Genoa
Genoa
It will be able to provide both "ship-to-ship" and "ship-to-truck" services
Last year, cargo traffic in Russian ports decreased by -2.3%
St. Petersburg
The largest volume of cargo, exports, fell by -1.9%
Höegh Autoliners secures two multi-year contracts for car transport
Oslo
Agreements with two car manufacturers with which it has been collaborating for years
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Malta sees record cruise traffic in 2024
Florian
357 ships docked for a total of over 940 thousand passengers
Cavotec to provide electrification systems and technologies for Italian ports
Lugano
Three orders worth a total of seven million euros acquired
Pirate attacks on ships decreased by -3% last year
London
In the last quarter, an increase of +76% was recorded
COSCO Shipping Ports Sets New Annual and Quarterly Container Traffic Records
Hong Kong
In the whole of 2024, 111.9 million TEUs were handled (+5.7%)
Alberto Maestrini (VARD) elected President of SEA Europe
Brussels
The association represents the European shipbuilding industry
Molo Brin areas in Olbia handed over to Quay Royal
Construction of a marina for mega yachts is planned
Port of Singapore Sets New Container and Non-Oil Bulk Records in 2024
Singapore
The Asian port handled a total of 622.7 million tonnes of goods (+5.2%)
The Italian Maritime Academy Technologies has acquired a new technical headquarters
Castel Volturno
Includes a 37-meter, 100-ton command bridge with 1:1 scale operating environments
A huge load of 110 kilograms of cocaine seized in the port of Gioia Tauro
Reggio Calabria
If placed on the market, it could have earned criminal organizations 20 million euros
Unifeeder triples its market share of intra-Mediterranean container services
Dubai
Fincantieri Completes Acquisition of Leonardo's Underwater UAS Business
Trieste
The 287 million euro fixed component of the purchase price was paid today
Wallenius Wilhelmsen to operate ro-ro terminal at Port of Gothenburg
Oslo/Gothenburg
12-year concession contract
The Bulgarian Shipowners' Association has joined the European Community Shipowners' Associations
Brussels
BSA is the twenty-second member of the European Shipowners' Association
Strike by Central Tyrrhenian Sea Port Authority staff suspended
Naples
The meeting between the unions and the general secretary of the port authority was a success
Mercitalia Rail begins rail transport from Reggio Calabria of trains for the Milan Metro
Reggio Calabria
They are approximately 106 metres long and weigh over 180 tonnes.
PSA Venice - Vecon achieves gender equality certification
Genoa
It is the first Italian container terminal to obtain the certification
Maria Teresa Di Matteo, head of the Department for Transport and Navigation, has passed away
Rome/Gioia Tauro
Mattioli: it was an important point of reference for the entire Italian maritime cluster
Green logistics, the Northern Tyrrhenian Sea Port Authority extends the deadline for the tender
Leghorn
It awards non-repayable grants up to a maximum amount of 300,000 euros
Medcenter Container Terminal orders 20 new hybrid struddle carriers from Kalmar
Helsinki
They will be delivered within the first quarter of 2026
The intermodal service connecting the Italian terminal of Melzo with the Dutch one of Moerdijk has started
Melzo
Three weekly circulations operated, which will increase to four from April
COSCO expects to close 2024 with +95% growth in net profit
Shanghai
EBIT expected at 69.9 billion yuan (+90.7%)
Catania-based F.lli Di Martino has acquired 160 new loading units produced by Piedmont-based SICOM
Cherasco
This year the Cherasco company celebrates 50 years since its foundation
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
Kuwait approves Chinese company for port operations
(AGBI - Arabian Gulf Business Insight)
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Uiltrasporti Campania accuses the heads of the AdSP of the Central Tyrrhenian Sea of having assumed a provocative and totally closed attitude
Naples
Attempt - the union denounces - to downplay the real reasons for the strike
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
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
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
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
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