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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:12 GMT+1
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BRIEFS
January 31, 2005
The Business Timesweb site
Shipping News
  • China shipbuilders rush to satisfy booming economy
    CHINA is rushing to build vessels to ship home the huge amounts of commodities its booming economy demands, amid reports it is also constructing military bases to help safeguard its shipments of oil.
  • S Korean 2004 shipbuilding orders fell
    HYUNDAI Heavy Industries and other South Korean shipbuilders won orders for 2.6 per cent fewer vessels last year, though orders rose to a record US$30.2 billion as shipmakers focused on higher-value vessels.
  • Chinese iron ore needs underpin freight rates
    CHINA's insatiable demand for iron ore should put the brake on falling freight rates in the near future but shipments could peak if Beijing moves to cool the red-hot steel industry.
  • Rotterdam Port expansion plan to be revised
  • South Africa to upgrade Cape Town, Durban ports

Sched Netweb site
  • OOCL posts strong Q4 result
  • Evergreen opens largest terminal at Port of Tacoma
  • Hudson's Bay ships goods via Panama Canal to beat Vancouver congestion
  • Union Pacific 2004 operating revenue up 6pc
  • Dart Line volumes surge in 2004
  • KarstadtQuelle sells logistics operations to Deutsche Post
  • Chinese carriers purchase 60 Dreamliners
  • UAL reports net loss of US$1.6 billion in 2004
  • ABX Logistics joins cargo 2000

Exim Indiaweb site
  • ESL'a vital link to Ethiopian trade
  • SRLL set to provide close-knit supply chain logistics
  • Contship Tamarind ferries large catamaran from Antwerp to Jebel Ali
  • 8,000 tonnes wheat exported to Qatar
  • Govt to sign customs cooperation agreements with 5 more nations
  • Hong Kong remains world's top container port
  • NCAER report puts GDP growth in 2004-05 at 6.7 pc
  • Service tax to be paid by March 31
  • Pranab may head GoM on SEZ legislation
  • Dumping duty on Vitamin AD3 from EU under review

The Bunker Bulletinweb site
JANUARY 28, 2005
  • Oil slumps on renewed OPEC assurances for status quo
    Bunker fuel prices fail to react immediately to the drop, with no major price movements in the key ports.
  • New K-Sea barges ready for operation before April
    Newly-acquired bunker barges ready for operation in the Spring, says company.
  • Leading 'green' line calls for wider low-sulphur supply
    Car-carrier company Wallenius Wilhelmsen reveals higher cost of low-sulphur fuel purchases and points out lack of supply to pursue its green shipping policy globally.
  • Extra fuel protection proves popular
    Lintec Testing Services claims 'massive response' from shipowners since it launched new service to screen bunkers for chemical contamination not detected by standard testing methods.
  • Singapore trader's replacement announced
  • Bunker alert issued for high density fuels
    DNV Petroleum Services (DNVPS) issued a bunker alert today after having received several samples from Venice with density exceeding the ISO 8217: 1996 specification.
  • OPEC President: We won't cut oil production
    "We are very keen about the stability of the prices in the market," says Sheikh Ahmad Fahd al-Sabah.

Maritime Global Netweb site
JANUARY 28, 2005
  • LPG market boosts Exmar
  • French port disruption angers UK shippers
  • UK union wants stronger ships, to withstand abnormal waves
  • IMO head meets EC official

Marine Logweb site
JANUARY 30, 2005
  • Roekke gets rolling on shipping line plan

Lloyd's Listweb site
  • Canada faces industry revolt on pollution Bill
    IN AN unprecedented rebellion Canada's shipping industry groups, backed by the national maritime law association and the International Group of P&I Clubs, are striving to have proposed new environmental pro- tection legislation drastically amended or scrapped.
  • Knutsen order offers lifeline to Izar
    NORWAY'S Knutsen OAS has placed an order for a 138,000 cu m liquefied natural gas carrier with the Spanish shipbuilder Izar.
  • Ice crisis forces rethink on Stena training
    SWEDISH tanker heavyweight Stena Bulk is to concentrate solely on ice-class crew training at its Glasgow-based cadet school as the industry faces a crippling shortage of mariners trained for harsh winter climates.
  • PT Arpeni IPO to fund aggressive expansion
    EXPANDING Indonesian shipowner PT Arpeni Pratama Ocean Line plans to raise Rupiah600bn (US$66m) from a stock market listing on the Jakarta Stock Exchange.

Fairplayweb site
JANUARY 28, 2005
  • Minister removes Yarmouth hurdle
    UK transport secretary Alastair Darling has approved the use of public funding to support the EastPort outer harbour project at Great Yarmouth
  • CP ships share price falls
    TRADING on CP Ships stock opened lower as expected this morning on the New York Stock Exchange on news that the company has lowered its profit projections for 2004
  • Dover optimistic for this year
    THE port of Dover is cautiously optimistic about traffic volumes for 2005 with new ships due in service for SeaFrance, Norfolkline and SpeedFerries
  • Transnet in Saldanha ore agreement
  • Petrochemicals boost Exmar
  • IMO guidelines on seafarer rights
  • One dead in Durban dock fall
  • Swedish strike threat grows
  • Expanding OSM seeks Filipinos
  • Shanghai only considering IPO
  • India and Iran sign energy venture
  • French intercept Italian polluter
  • LA votes for access route upgrade

The Journal of Commerceweb site
JANUARY 28, 2005
  • Maersk exec: Port box crisis looming
    Gateways won't be able to handle container growth by 2010 if they don't expand, a top Maersk Sealand executive said.
  • Box storage abuses add to congestion
    Shippers, terminals say importers who use marine terminals for free storage of containers are contributing to congestion at major seaports.
  • Customs extends border truckers deadline
  • CP Ships lowers profit forecast
  • UPS freezes management hiring
  • USF earnings off in 4Q
  • Xporta, logistics software make, shuts down
  • Tax claim upheld for KCS rail unit
  • Rising cargo profits UK airports
  • Union Pacific's Evans retiring
  • Korean Air back in black
  • UPS slips in fourth quarter

Containerisation Internationalweb site
JANUARY 28, 2005
  • DPI set to sign Cochin concession on Monday
    A number of carriers have shown an interest in the development at Cochin Port on India's south west coast, where Dubai Ports International (DPI) will sign a 30-year concession on Monday.
  • Criminal charges instigated in Rottergate affair
  • Lyttelton open to labour disruption after employment deal failure
  • Statistics justify China-Australia service explosion
  • CP Ships expects US$70-73million 2004 income, after unusual charges
  • Intermodal powers CPR freight revenue increase
  • Clearing of Danube waterway makes slow progress
  • New York's ExpressRail volumes boosted by Asia trades
  • Volume and rate increases see Heung-A profits surge
  • Price-cuts and discounts for new and spot traffic on GB Railfreight
  • Hamburg 7m TEU success based on China and Baltic
  • Barrot pushes Eurovignette to increase modal competition

TradeWindsweb site
JANUARY 28, 2005
  • Dividend fever
    Frontline follows Genmar's dividends announcement with one of its own.
  • Post-what?
    Panama Canal considers massive expansion project to cater for post-panamax containerships.
  • Genmar downgrade 'very likely'
    S&P puts tanker owner on creditwatch after aggressive new dividend policy.
  • Taiheyo walks tall
    Japanese VLCC and bulker owner builds profit in first nine months of year ending 31 March.
  • Fred Olsen in the dark
    First Olsen Tankers denies knowing anything about reports it has won an FPSO bid.
  • Grieg gives sneak peek
    Elisabeth Grieg says the Grieg Group will book $86m in pre-tax profit for 2004, better than double 2003.
  • Cosco linked to new yard
    Chinese shipowner reportedly lining up cash to build facility in eastern Zhoushan.
  • CP Ships cuts forecast
    Cost of investigating errors in earlier results takes a bite out of 2004 profit.
  • Dart Line's volumes surge
    Bidcorp-owned UK ro-ro company boosts project cargoes by 50% in 2004.
  • Tax boost for ISH
    US shipping group gets extra $7.7m of income from new tonnage tax regime.
  • Farstad orders at Simek
    Farstad Shipping says it is renewing its anchor-handling fleet.
  • Fabricius looks to Vietnam
    Danish owner abandons second-hand market for newbuilding foray into boxships.
  • Aurora sails for Germany
    P&O Cruises' ill-fated liner heads to Lloyd Werft from Southampton for propulsion plant repairs.
  • Exmar excels
    LPG market drives bigger profits at Belgian owner in 2004, but LNG disappoints.
  • Shreyas orders boxships
    Indian boxship player inks deal for up to four feeder ships at Singapore shipyard ST Marine.
  • Matson marches on
    Increased volumes and increases in fuel surcharges lift profits at US-to-Hawaii container line.

American Shipperweb site
JANUARY 28, 2005
  • CP Ships lowers profit expectation
  • Matson increases profits from shipping, logistics
  • Tonnage tax cuts boost International Shipholding's earnings
  • UPS reports higher 4th quarter revenue, poor growth in ground volumes
  • United confirms heavy loss
  • Mineta notes progress in bringing down aviation barriers
  • ABX Logistics joins Cargo 2000
  • Boeing confirms Thai Airways International as 777 buyer
  • Norfolk Southern posts record railway income, revenue
  • Canadian Pacific Railway 4th quarter net income declined
  • Grupo TFM claim upheld by court
  • U.S. rail traffic declines after storms, line closures
  • DOT policy chief departs
  • Zoellick lays out his agenda for World Economic Forum
  • Export-Import Bank facilitates exports to Chinese government
  • Saddle Creek promotes DelBovo, Cook
  • Record volumes at New Jersey ExpressRail terminals

The Scandinavian Shipping Gazetteweb site
JANUARY 28, 2005
  • NIS wage agreement
    The Norwegian Shipowners' Association (NSA) has struck a deal with the unions representing 3,600 members to revise agreements with employees ...
  • Color Line sees steady passenger numbers
    Color Line experienced lower passenger numbers on all routes except Oslo to Kiel, where the new "Color Fantasy" began sailings ...
  • Jetlink Moss-Fredrikshavn from March
    Jetlink begins sailings from Moss to Frederikshavn with the fast car/passenger ferry HSC "Jetlink Express" with daily departures in ...

›››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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