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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
March 2, 2006
The Business Timesweb site
Shipping News
  • Panama wants PSA in US$900m container terminal project
    PANAMANIAN officials say they are hopeful of PSA International's participation in the country's US$900 million container terminal project, following the signing of a maritime education agreement yesterday between Singapore and Panama.
  • Investors meet Panama leader on funding canal project
    PANAMANIAN vice-president Ruben Arosemena met with investors on Tuesday to discuss potential funding for the expansion of the Panama Canal, which has reached maximum capacity and is too small for many of today's medium to large-sized container ships.
  • S'pore leading the world in good bunkering practices: MPA chief
    J The $7 billion Singapore bunkering industry has been leading the world in good bunker practices and much depends on the people along the bunker supply chain to maintain the integrity and standards of the industry.
  • Port deal cannot be undone, DP World tells US Congress
  • Exports boost top two China shipping firms' volume 16%

Sched Netweb site
  • APL launches Haiphong-China Express (HCX) service
  • MD cautiously optimistic there won't be overcapacity in container fleet
  • MOL to be majority shareholder of Utoc
  • NOL net profit falls in 2005
  • US long-haul trucking industry faces worst labour shortage: report
  • SCT welcomes Maersk Line maiden call
  • Continental Airlines' cargo business in India takes off
  • Dachser gung-ho about Baiyun Airport
  • Inforwarding and GF-X join forces to enhance air cargo industry

Exim Indiaweb site
  • NMIS imparts professional touch to training in commercial aspects of shipping
  • ILO adopts new labour standard for world's seafarers
  • Pak signs deal with ISEC to import 50,000 t of sugar
  • Textile exports to US rise by 25 pco
  • DP World bags Lloyd's List's 'Port Operator of the Year' Award
  • Work of dredging entire Sethu canal may be given to DCI'Baalu
  • KPT unveils quality policy to win ISO certification
  • Decks cleared for OSL to develop Gopalpur port
  • Rushmi Logistics commences operations from ICD-Sabarmati & Gujarat region
  • Western freight corridor may be used for double stack container trains
  • Central Sales Tax retention baffles industry
  • Kamal Nath to meet SEZ developers on March 4
  • Fieo workshop postponed

Maritime Global Netweb site
MARCH 1, 2006
  • Earnings steady at Golar
  • Horizon's outlook moves up
  • ESPO welcome EC supply chain security initiative
  • Larger fleet boosts Camillo Eitzen's revenue

Marine Logweb site
MARCH 1, 2006
  • More newbuilding at Port Weller
  • Transocean gets contract for newbuild drillship

World Wide Shipperweb site
MARCH 1, 2006
  • Port of Vancouver, USA building new bulk storage facility
  • Trade between NAFTA partners sees gains over last year
  • West Coast Bank makes donation to Evergreen Aviation Museum
  • Port of Tacoma land set aside for wildlife
  • Standard & Poor's gives Horizon boost in ratings designation

Lloyd's Listweb site
  • SeaDrill in dispute over $25m Mosvold payment
    JOHN Fredriksen's SeaDrill is in dispute with two former directors of newly acquired Mosvold Drilling over $25m which was extracted from the company just before it took control.
  • Domestic operations underpin 20% rise in profits at PSA International
    TERMINAL operator PSA International's profits jumped 20% last year, driven by its Singapore operations.
  • China orders take Seaspan into new market
    NEW York-listed Seaspan Corp is on yet another spending spree.
  • Horizon Lines 'on lookout for boxship newbuilds'
    US CONTAINERSHIP operator Horizon Lines is reported to be in the market for newbuildings, writes Janet Porter.

Fairplayweb site
MARCH 1, 2006
  • What to do with the drunken master?
    A Romanian master mariner was remanded in custody in the UK yesterday after pleading guilty to being four times over the legal drink drive limit while in charge of a ship
  • Migrant Watch: US/Caribbean
    A COAST Guard decision to repatriate 15 Cuban migrants who landed in January on a deserted railroad bridge in the Florida Keys has been called illegal by a federal judge
  • US LNG imports decline
    AMERICA'S LNG imports actually dropped 3% last year, to 631Bnft', according to a new report released by the US Energy Information Administration
  • Lakes cruise frustration growing
    CRUISE lines operating on the Great Lakes are increasingly frustrated by lack of consistency in passenger inspection
  • Senators hear DP World defence
  • Surging volume boosts PSA profit
  • LNG market 'in a better balance'
  • GL focuses on Asian growth
  • Migrant Watch: US/Caribbean
  • SMP starts lube price rises
  • Tanker levels forecast to weaken in 06

The Journal of Commerceweb site
MARCH 1, 2006
  • Judge won't bar NJ P&O terminal sale
    A federal judge denied an injunction requested by New Jersey seeking additional review of the acquisition by DP World.
  • British ruling due in ports deal
  • DP World exec defends ports buy
  • Charleston gives low bridges send-off with a bang
  • Trade pact for U.S., Colombia
  • BNSF CEO to keynote JoC Trans-Pacific Maritime Conference
  • "K" Line, MOL detail Andes service
  • Seaspan signs for 2,500-TEU ships
  • S&P upgrades Horizon Lines

Containerisation Internationalweb site
MARCH 1, 2006
  • South Korea's rail workers strike against poor conditions and lay-offs
    Throughput by South Korea's passenger/cargo railway service-provider, Korail, has plummeted from 2,620TEU/day to around 500TEU, due to industrial action by over conditions and 67 workers dismissed in a previous strike.
  • Toll's new concessions and simultaneous hearings for PN cases
    Toll Holdings has offered new concessions in its first submission to a Court case in which the Australian Competition and Consumer Commission sought to prevent it from acquiring Patrick Corporation.
  • Charter market takes it step by step
  • PSA sees net profits soar 20%, though volumes outpace revenues
  • 'We have no choice' : Indonesia's truckers threaten strike against VAT
  • US senators hear from DP World in briefing
  • Indian budget hits container industry with service tax, while Cochin slashes rates
  • Rotation of New Andes confirmed, for early April start
  • Logport's success prompts Duisburg to build another trimodal distripark
  • Russian Customs move ahead with seaport scanning complexes

TradeWindsweb site
MARCH 1, 2006
  • $83m more to spend
    Nicor Inc has an extra $83m to spend in the US after Rick Murrell-led Tropical Shipping brought its parent $132m of undistributed foreign earnings.
  • Scandal claims port boss
    Corruption charges and Mexican presidential politics have felled the head of a growing Pacific port.
  • 'No unusual risk'
    One of the biggest US-owned shipowners is saying a Dubai acquisition of US terminals poses 'no unusual risk'.
  • Expansion? Genmar?
    Pared down US tanker owner grows for a change with the delivery of its first ever newbuilding.
  • Eidsiva ups earnings
    Norwegian car carrier and ro-ro group went from strength to strength in 2005.
  • Solvang adds fourth at HHI
    Norwegian owner signs deal for 75,000-cbm LPG carrier in Korea.
  • Last but not least
    Concordia Maritime declares a chartering "full house" after Total takes its sixth and final P-MAX tanker.
  • Wartsila moves into Lithuania
    Engine maker signs second co-operation deal with BLRT Group this time offering repair services in Klaipeda.
  • Borgestad hit by finance costs
    Norwegian bulker owner's 2005 net profit shrinks, but operational income improves.
  • Bad debts hit Jutha
    Profits fall 30% in 2005 for Thai owner as it is forced to write off unpaid receivables.
  • Master four times over limit
    UK court hears Romanian captain plead guilty to 'worst ever' drink offence after grounding cargoship.
  • RTF makes cool profit
    Higher revenues boost 2005 bottom line at Latvian reefer owner.
  • MOL, K Line sort out Andes
    Japanese box carriers reveal new South American ports of call.
  • Golar suffers depression
    Low rates and utilisation for new LNG carriers hits Oslo-listed player in pocket.
  • StealthGas fixes pair
    US-listed LPG player secures short-term employment for two ships as it takes delivery of another.
  • Seaspan splashes the cash
    Vancouver boxship player orders up to a dozen 2,500-teu ships in China in potential $534m deal.
  • Fleet additions boost Quintana
    Extra tonnage helps drive up fourth quarter results at New York-listed Greek bulker player.
  • TEN returns to Sumitomo
    New York-listed Tsakos venture lifts aframax order backlog at Japanese yard to four ships.

American Shipperweb site
MARCH 1, 2006
  • Sanborn nomination is adrift
  • Standard & Poor's improves Horizon Lines' outlook
  • "K" Line, MOL provide details of New Andes link
  • New salvage tactic for grounded APL ship
  • Inforwarding, GF-X sign co-op deal
  • Descartes profits up 200%
  • Kincheloe joins GeoLogistics from EGL
  • Tropitransport joins United Shipping Inc.
  • DHS officials defend review of Dubai port operator
  • Lautenberg bill to help ports bust leases
  • Port Everglades commissioners examine Inchape-Dubai connections
  • PSA's net income up 20% in 2005
  • Vessel traffic slightly up in Southern California
  • Port of Virginia agrees to 10-year deal with MSC
  • Virginia January TEUs up 11%
  • Vancouver port approves copper export agreement
  • Buenger to leave Port of Hueneme

The Scandinavian Shipping Gazetteweb site
MARCH 1, 2006
  • Concordia's sixth P-MAX long-term chartered
    Concordia Maritime has chartered out their sixth P-MAX. The ship will be delivered during the first quarter of 2008 ...
  • Lone watchkeeping a danger
    The London Club ' the mutual liability insurer ' has warned of the inherent dangers of lone watchkeepers. In the lastest issue ...
  • Tor Johan Stuve cleared by lower court
    A court in Bergen has cleared the former Tordenskjold CEO Tor Johan Stuve of all charges levelled against him and ...

The Bunker Bulletinweb site
MARCH 1, 2006
  • Mixed reactions to tough new anti-pollution laws
    Bunker suppliers in the key Russian Black Sea port of Novorossiysk are to be hit by tough new anti-pollution laws next week.
  • DOE & API at a glance: This week's key US inventory figures
  • Vitol looks to Florida bunker market
    Oil firm assessing marine fuel supply opportunities as part of Port Canaveral terminal project.
  • Transbunker seeks to raise $125 million from CLNs
    Transbunker Group, which is keen to continue its expansion, is looking to raise money from investors.
  • MPA sets the record straight
    Chief executive of MPA believes in regulating with 'light touch' and reveals new Bunkering 101 placards to assist shipboard personnel during the inauguration of Viswa Lab Singapore.
  • New fuel conditioner launched for low sulphur fuels
    Developer says product provides added lubrication, addressing issue of excessive engine part wear when burning low sulphur fuels.
  • Rotterdam barge market bids moving higher
  • Bunker costs reduce reefer business margins
    Chile's reefer business has benefited from free trade agreements, but rising bunker prices have squeezed operating margins.
  • Japan: January bunker sales up 30.4% on year
    Bunker fuel sales to ocean-going vessels up both on the year and month.
  • Company evaluating bids for $250 bunker terminal & tank farm
    Bunker supplier looking at bids for front end engineering and design contract for bunkering facility and tank farm valued at up to $250 million.

›››File
FROM THE HOME PAGE
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
Signed the final agreement on the contract of port workers
Rome
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three 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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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