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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
May 4, 2006
The Business Timesweb site
Shipping News
  • Malacca Strait piracy-free in Q1 despite 9% rise in global attacks
    THE Malacca Strait remained piracy-free in the first quarter this year despite an 8.9 per cent rise in global attacks, with Indonesian waters outside the Strait retaining the dubious distinction as the world's most piracy prone.
  • LA ports to grow amid challenges in 2006: study
    THE California ports of Los Angeles and Long Beach will continue to boom in 2006, with the number of containers passing through the busiest combined US seaport expected to increase 10 per cent, according to a report.
  • Hyundai Heavy says not making hostile takeover of Merchant
    HYUNDAI Heavy Industries Co, the world's biggest shipbuilder, said its purchase of a US$527 million stake in Hyundai Merchant Marine Co is not a hostile takeover.
  • Shipowners need to spend US$7.5b on tankers before UN ban
  • QE2 probed over alleged garbage dumping
  • Alleged Somali pirates freed after US declines to prosecute

Sched Netweb site
  • Coscon to serve Miami with new CUE liner service
  • New ship deployed in Taiwan Straits service
  • UASC reports 2005 profit
  • Guangxi starts work on Pingguo port project
  • APL volumes rise 6pc YTD, revenue down 1pc
  • Chinese see potential in Malaysian hub
  • Frontier orders 10 A320s
  • Lufthansa Cargo raises fuel surcharge to US$0.75/kg
  • Northwest Airlines reshuffles exec line up after top staff resign

Exim Indiaweb site
  • Larsen & Toubro makes foray into shipbuilding
  • FEFC to raise levy on Asia-Europe cargo in June
  • Petronet LNG to raise $ 100 m to finance kochi LNG terminal
  • NSCSA & Orient Ship Agency set new cargo handling record at Mumbai Port
  • Defective emergency equipment on ships will invite disciplinary action, warns DGS
  • STPI exports cross Rs 1,00,000 cr. in 2005-06
  • Polish trade mission seeks tie-ups
  • DP World's acquisition of P&O Ports
  • Cathay to start twice-a-week Mumbai-Chennai cargo freighter service
  • UK-based firm to construct air cargo complex at Hyderabad's new airport
  • Delhi, Mumbai airport operations handed over to private sector
  • Now, Finance, Commerce Ministries differ on SEZ airports handling domestic cargo
  • Forex reserves rise by $ 2 bn
  • GEAC approval made mandatory for soya oil imports
  • India, Pak basmati may get common trademark
  • Maharashtra Economic Development Council meet

Maritime Global Netweb site
MAY 3, 2006
  • Piracy attacks increase in Q1
  • Wilh. Wilhelmsen's Q1 profit up
  • FBI boss quizzed on co-operation with the Coast Guard
  • Nordic American's strong start to year

Marine Logweb site
MAY 3, 2006
  • Maritrans set to order tugboats
  • SHI to build world's largest drillship
  • Keppel yards share $140 million Transocean contract
  • Rig readied for next hurricane season

World Wide Shipperweb site
MAY 3, 2006
  • Saga vessel makes maiden call at Port of Vancouver USA
  • Celebration set to open new year of boating in Bellingham
  • Columbia River Propeller Club making event date changes
  • Port of Olympia receives windmill parts shipment
  • Coast Guard's North Bend station conducting tsunami exercise today

Lloyd's Listweb site
  • Polembros sails into 'green' fury over Alfaship scrapping deal
    GREEK shipowner Polembros was yesterday forced to defend its decision to send a single-hull tanker to a Bangladeshi breakers' yard after finding itself the next target in the campaign by environmentalists to put an end to what they claim is an illegal trade.
  • Carriers hope for compromise in US box screening debate
    SHIPPING industry efforts to prevent US laws mandating screening of all inbound containers at overseas ports before being allowed to sail appear to be alive as two parallel Bills wend their way through Congress.
  • Arbitration ruling brings breathing space for struggling Sea Containers
    UNCERTAINTY over the future of container leasing giant GE SeaCo has lifted by an arbitration decision that will disentangle the company from one of its shareholders, writes Janet Porter.
  • Names look forward to bumper 2006
    NAMES at Lloyd's are looking to 2006 as another bumper year.

Fairplayweb site
MAY 3, 2006
  • Vessel sales boost GenMar
    VESSEL sales boosted first quarter profit at US-based General Maritime Corp, despite the lower revenue generated by its newly-trimmed fleet
  • Odense yard management changes
    CHANGES to senior positions have been announced at AP Moller's troubled shipbuilder Odense Steel Shipyard
  • Migrant Watch: US/Caribbean
    THIS week's staple report on sea routes used by seaborne migrants, where possible incorporating news or statistics on apparent trends
  • Migrant Watch: Bahamian smuggler indicted
    A BAHAMIAN national was indicted yesterday in the death of a migrant he was shuttling from the Bahamas to Florida
  • Leaking box forces ship back to port
    US COAST Guard and hazardous materials teams are working in Puerto Rico to remove a leaking container that forced the US-flagged boxship Horizon Producer back into port
  • Hurricane recovery officials named
    THE US federal government has appointed 27 officials to co-ordinate recovery efforts as the hurricane season approaches
  • Costa dresses Allegra for China
  • Wilh Wilhelmsen posts healthy quarter
  • Berlian plans share buy-back
  • Senate panel endorses port security bill
  • Reefer damaged in quay strike
  • Lost migrants suffer terrible fate

The Journal of Commerceweb site
MAY 3, 2006
  • PD Ports proposes UK mega-port
    PD Ports has submitted plans to build a 1.5 million-TEU container terminal at Teesport, a center for bulk shipping in northeast England.
  • W. Wilhelmsen's first-quarter profit up 8.7%
  • Canada budget hikes funding for security, port development
  • Horizon Lines ship turns back after hazmat leak
  • Intra-Asia trade to boom, according to UPS survey
  • Mail helps TNT profit
  • Gain for global air cargo
  • Railroads sign off on U.S.-Mex intermodal pact

Containerisation Internationalweb site
MAY 3, 2006
  • HMM to raise fund and take over Hyundai Construction
    Hyundai Merchant Marine will issue 30m new shares on May 15, at a price of W12,000(US$12.85)/share, to raise W360bn(US$385.4m) to take over Hyundai Construction, which owns 8.69% of HMM.
  • SBB Cargo flexes its muscles on the Germany-Italy axis
    SBB Cargo is planning a massive expansion of its international intermodal services in door-to-door and single-wagon traffic between Germany, Switzerland and Italy from the end of this month.
  • Mid-to upper-market gains, but niche deals available
  • Maersk's troubles get public airing in New Zealand
  • Virginia increases revenues 11.5%, with any cost-rises fuel-related
  • Chery starts auto-assembly in Kaliningrad
  • Toll to de-list SembLog
  • PAN secures ship for Boomerang II and reveals ambition on Patrick

TradeWindsweb site
MAY 3, 2006
  • Teekay beats 'Street'
    Vancouver shipping giant rides surprisingly strong aframax rates to top analysts' projections.
  • Solvang strengthens
    Good activity in gas carrier markets boosts first quarter result for Norwegian owner.
  • SeaCon, SeaCo: Sort it out!
    Troubled ferry and container company Sea Containers told to pay up to GE SeaCo or pencil in another date with the arbitrator.
  • Veder ties up Gasnor charter
    Duth owner Anthony Veder takes LNG carrier on 15-year time charter from Norwegian gas distribution company Gasnor.
  • Victory for Blasco
    Bankrupt Ukrainian line's president is appointed liquidator of the company.
  • Tidewater buoyant
    US supply ship giant enjoys better day rates in 2005 to send profit rocketing.
  • No regrets
    Peter Georgiopoulos reminds investment analysts that a 2005 cash splash on products tankers would not have looked very smart today.
  • Brostrom makes cool buck
    Cold weather warms Brostrom's heart in first quarter but Swedish owner sees rates thawing through the year.
  • Uglands posts pretty profit
    December vessel sale helps private Norwegian bulker and tanker owner Uglands Rederi to a massive 102% profit increase in 2005.
  • Limarko enters UK
    Lithuanian owner sets up British base to win new reefer business.
  • The whole nine yards for SembCorp
    A ninth consecutive quarter of profit gain for SembCorp Marine of Singapore on the back of rig orders and repair contracts.
  • Cargoship comes to trawler's aid
    Taiwanese crew rescued from ship in bad weather off Papua New Guinea.
  • Tourists stay away
    Irish Ferries' car volumes still falling, while parent group lines up new container terminal in Belfast.
  • Oil greases Keppel's wheels
    High oil prices and a healthy world economy keep Keppel Corp of Singapore on the right track in the first quarter.
  • Malacca piracy free?
    Asian waterway sees no incidents of piracy in first quarter, says International Maritime Bureau.
  • WW profits surge 40%
    Ingar Skau is smiling after expanding volumes help Wilh Wilhelmsen increase its profitability.
  • Hyundai Mipo builds profit
    Hyundai Mipo of Korea builds a big profit in the first quarter as orders continue to roll in.
  • Shih Wei on way down
    Taiwanese bulker operator struggling with weaker markets in first quarter.
  • L&T wants another yard
    Indian company planning to invest more cash in shipbuilding after winning first order this week.
  • Disposals lift Genmar
    Profits from sale of nine aframax OBOs helps offset loss of revenue from reduced fleet size.
  • NOL bucks downturn
    Singapore liner operator sees a 5% increase in container volumes compared to twelve months ago.
  • Reefer hits Miami quay
    Investigation launched into how Panama-flagged ship struck sea wall in Biscayne Bay in US.

American Shipperweb site
MAY 3, 2006
  • Wilh. Wilhelmsen's 1st-quarter income rises 40%
  • Europe/Caribbean/South America carriers to raise bunker surcharges
  • Piracy attacks up 9%
  • Harley adds double-hull tank barge
  • U.S. international air cargo up 9.7% in March
  • Lufthansa Cargo hikes fuel surcharge again
  • Kansas City Southern's profits up 40% in 1st quarter
  • Pacer's 1st-quarter profits up 22%
  • TNT's first quarter net income up 6%
  • New Jersey site granted foreign trade zone status
  • Reinke chairman and CEO retires
  • FMC reviews 15 OTI license applications
  • Senate committee passes GreenLane bill
  • Port of Long Beach, Matson-SSA terminal agree to cold-ironing amendment
  • Saga Adventure makes maiden call at Vancouver

The Scandinavian Shipping Gazetteweb site
MAY 3, 2006
  • 29 million passengers to, from or in Sweden
    The members of the Ferry Operators' Association in Sweden carried last year close to 29 million passengers to or from ...
  • Broström doubles profit
    The Swedish tanker operator Broström reports a SEK 310 million (EUR 33.3 million)pre-tax profit on a net turnover ...
  • Aker Floating Production buys suezmax tankers
    Aker Floating Production (AFP) is reported to have bought another two 188,000 DWT suezmax tankers for conversion to Floating Productions ...

The Bunker Bulletinweb site
MAY 3, 2006
  • Amerada Hess shortens company name
  • K-Sea releases quarterly results
    Barge operator seeing net income and operating revenues up from 2005.
  • Port signs 'landmark' green lease with shipowner
    Port of Long Beach and Matson agreeing to emissions reducing measures as part of new lease agreement.
  • DOE & API at a glance: This week's key US inventory figures
  • Russian official confirms export duty hike
    Russian official confirms hike amid news of synchronisation of crude and product duty implementation.
  • Lack of enforcement clouds cleaner air efforts
    Doubts raised about just how efficient policing of sulphur limits in marine fuels is going to be.
  • Rotterdam firm on crude rise
  • Titan upbeat on 2006 performance despite negative rating
    Standard & Poor's Ratings Services has revised its 2006 outlook on Titan to negative, but Titan paints a positive picture.
  • Evergreen posts sharp drop in Q1 profit
    Higher bunker fuel costs and lower freight rates causes slump in Evergreen Marine's Q1 profit.

›››File
FROM THE HOME PAGE
PORTS
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
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
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
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
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
ENVIRONMENT
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
COMPANIES
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
PORTS
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
INDUSTRY
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
PORTS
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.
COMPETITION
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
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
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.
ENVIRONMENT
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
LOGISTICS
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%
SHIPPING
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%
PORTS
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
SHIPPING
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
SHIPPING
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.
PORTS
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
SHIPPING
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
PORTS
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%)
SHIPYARDS
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
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
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.
EDUCATION
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
MEETINGS
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"
MOURNING
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
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
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
SHIPPING
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
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
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
PORTS
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%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
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.
LOGISTICS
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.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
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
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
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
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
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
PORTS
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
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
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
SHIPYARDS
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
SHIPPING
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
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
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
PORTS
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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