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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
August 7, 2006
The Business Timesweb site
Shipping News
  • Orient Overseas may raise about US$1b selling ports
    ORIENT Overseas Ltd, Hong Kong's No 3 container shipping line, may raise about US$1 billion selling ports in North America, taking advantage of rising prices, three sources familiar with the plan said.
  • Posco says it's interested in buying Daewoo Shipbuilding
    POSCO, the world's fourth-biggest steelmaker, said it's interested in Daewoo Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder.
  • Japanese shipping lines Mitsui, K-Line cut forecasts
    MITSUI OSK Lines Ltd and Kawasaki Kisen Kaisha Ltd, Japan's second- and third-biggest shipping lines, cut their profit forecasts after rising fuel prices and falling container rates reduced first-quarter net income.
  • Beijing-Shenzhen train line expected in 2010

Sched Netweb site
  • MOL, NYK report net profit drops in Q1
  • Rate restoration to be implemented on West Africa trade
  • INTTRA establishes office in South Korea
  • Yangtze River mouth set for more deepening
  • Houston Aviation Bureau to jointly develop logistics hub at Dalian Airport
  • FedEx Express, USPS sign new mail deal worth US$8b
  • Atlas repays US$141m debt in cash
  • World Air Holdings Q1 net profit down 64.6 per cent

Exim Indiaweb site
  • Gandhidham Chamber hosting major maritime meet in Sept.
  • Essar Shipping's income up by 24 pc
  • All Allcargo regional offices receive stamp of ISO 9001:2000 certification
  • Govt finally slams ports' doors on Chinese firms
  • For Ambanis, logistics makes sound business sense now
  • Lalu puts up red signal for private financing of rail freight corridors
  • CONCOR & NSCSA flag off 1st dedicated box rake from ICD-Mandideep to Mumbai Port
  • Move to relax NFE norms for EOUs
  • Foreign Trade Policy Analysis: Current Trends

International Transport Journalweb site
  • Norfolk Southern names Thelen and Heilig to operations positions
  • Wallenius newbuildings ahead on environmental protection
  • United announces 40 additional weekly US flights
  • SBB Cargo in Karlsruhe and Singen
  • 3i acquires ABX Logistics from SNCB

Maritime Global Netweb site
AUGUST 4, 2006
  • EC report approves government spending on transport security
  • Jurong to build African offshore supply base
  • K Line's revenue up, profits down
  • MOL lowers FY2006 forecast

Marine Logweb site
AUGUST 5, 2006
  • Security vulnerabilities in TWIC plan
  • COSCO wins first FSO contracts

Lloyd's Listweb site
  • Morgan Stanley makes first dry physical foray
    MORGAN Stanley has moved to cash in on positive dry bulk markets, placing its first enquiry for a period panamax.
  • Shipyards unable to cope with Greeks' bulk fleet ambitions
    BROKERS are painting a picture of increasing frustration among dry bulk shipowners unable to secure berths for lucrative construction projects in what is otherwise emerging as an active summer for shipbuilding contracts.
  • Costa Crociere launches Fincantieri-built Serena
    COSTA Crociere's newest flagship, the 112,000 gt Costa Serena, was officially launched in Genoa on Friday at Fincantieri's Sestri Ponente yard, writes John McLaughlin.
  • Demand for new criteria on lifeboats
    A CALL for a radical overhaul of design criteria and operational practices for ships' lifeboats, which continue to kill and injure seafarers involved in drills, has come from the Nautical Institute.
  • Sohmen-Pao says BW will seek growth through industry consolidation
    SHIPOWNING giant BW Group continues to look for expansion opportunities across all the sectors in which it operates.

Fairplayweb site
AUGUST 4, 2006
  • Vancouver dock up for sale
    FRASER Surrey Dock, Vancouver, has confirmed that its break-bulk and container handling terminal on the Fraser River is up for sale
  • Connaughton confirmed as MarAd chief
    THE US Senate has confirmed Sean Connaughton as the country's new maritime administrator, and he will assume office on taking the oath
  • US Justice gives Stolt a break
    STOLT-Nielsen Transportation has won a postponement of potential federal indictments as a US judge refers the case to a court that will not meet until October
  • Top hit by expenses
    TOP Tankers' shares fell 12% yesterday in heavy trading after the company announced larger-than-expected losses in its second quarter
  • WFP secures fuel shipments into Lebanon
  • Engineers charged with oil dumping
  • Weather hampers Cougar salvage
  • Wärtsilä on high revs
  • Codelco rides out the landslide
  • Severe weather warnings reduced
  • Antares negotiations continue
  • NYK slashes full year forecast
  • APM to build box terminal in Vietnam
  • Typhoon blows away containers

The Journal of Commerceweb site
AUGUST 4, 2006
  • Charleston containers edge higher
    Record container volume of 1.98 million TEUs in the fiscal year ended June 30 was only 0.4 percent more than 1.97 million TEUs in 2005.
  • NIT League rejects liners' EC proposals
  • Connaughton confirmed by Senate as Marad chief
  • NYK slashes outlook
  • OOCL sees weaker per-TEU revenue
  • Halifax to meet goals despite flat container growth
  • Domestic air volume falls
  • E.R. Schiffahrt adds 8,200-TEU ship
  • Salvage of Cougar Ace clouded by weather
  • Uruguay port approved
  • Atlas to pay off debt
  • MOL to use solar power at Japanese terminal
  • Independent drivers oppose plan for Mexican trucks

Containerisation Internationalweb site
AUGUST 4, 2006
  • Australia retains liner shipping's antitrust exemption
    Australia is to retain liner shipping's exemptions from anti-competitive legislation but will no longer permit the registration of discussion agreements.
  • Court rejects Chittagong feeders surcharge appeal
    The appellate division of the Bangladesh Supreme Court restrained feeder operators from realising congestion surcharges in Chittagong until the High Court disposes of writs filed by port users.
  • NYK follows fellows to slash full-year outlook
  • OOIL H1 profits fall 9%
  • Russian rail fails to keep pace with Russian maritime box-growth
  • Strong response to OOIL terminal sale
  • Active terminals market could see Fraser Surrey sale by end of 2006
  • Competitors vie for crucial Australian east-west rail paths
  • Containers return to Argentina's Zarate

TradeWindsweb site
AUGUST 4, 2006
  • Teekay takes off
    Stock reaches highest price since September and analyst says it's just getting warmed up.
  • Talk, talk....
    ...but so far no action despite more market rumours that John Fredriksen is closing in on a deal for Peter Georgiopoulos' General Maritime.
  • ECL buys one
    Euro Container Line pays $8.8m for 1995-built boxship.
  • TEN flags 'outstanding year'
    Fleet purchases lead to hike in operating profit for confident Tsakos family.
  • Dr Peters' $300m tonic
    German KG manager delivers a healthy return to investors in its shipping and real estate funds.
  • DryShips takes last P&A units
    Pacific & Atlantic of Greece empties fleet with sale of four panamaxes to compatriot DryShips
  • OK to Okean
    Aker Yards ties up deal to run Ukrainian yard and pushes for 60,000 tonnes of annual output.
  • Profits fall again at OOIL
    Low rates and high bunker costs drag OOCL results south for the second period running.
  • Ships collide off Japan
    Sixteen crew members abandon listing Russian reefer after being hit by Italian general cargo vessel.
  • WSF back for four ferries
    US state of Washington tries again with tender for new vessels, after legal wrangles delayed previous attempt.
  • Engineers charged
    Officers of South Korean handysized bulker the latest to face oily water separator accusations.
  • Wartsila well oiled
    Finninsh engine supplier powers to income growth of 200% in first half as orders keep turning.
  • Russia ups Black Sea exports
    Good news for aframax owners as volumes through Ukraine ports set to rise in August.
  • Sanoyas turns it around
    Japanese shipbuilder back in profit despite revenues falling in first quarter.
  • Sorry Toei story
    Japanese owner Toei Reefer Line slumps to a loss in the first quarter as revenues drift away.
  • Cosco Singapore goes offshore
    Rapidly expanding repair outfit picks up first FPSO order, plus six hull conversions.
  • Kyoei steps it up
    Japanese VLCC owner builds earnings and revenues in first quarter.
  • New boss for Southeast Asia
    AP Moller has announced a new chief executive for its growing Singapore headquartered operation.
  • Weather delays salvage
    Preparations to begin righting car carrier Cougar Ace have been delayed by limited visibility.
  • CMA CGM lends ship
    Boxship giant gives unnamed vessel to French government to bring aid into Lebanon.
  • NYK costs jump 40%
    Japanese owner sees first quarter profits slump 43% on higher bunker costs and other expenses.
  • FSL raises $55m
    Singapore-based First Ship Lease says it has completed a second round of private equity financing.

American Shipperweb site
AUGUST 4, 2006
  • NIT League condemns ELAA's proposal
  • OOIL's first half profits down 9%
  • NYK's 1st quarter net profit down 43%
  • "Cougar Ace" evacuated to calmer waters
  • Senator Lines selects Mat Marine as agent for Switzerland
  • DHL to add five Asia Pacific services to New York
  • British Airways' first quarter profits up 71%
  • Great Wall Airlines adds India to network
  • Alaska railroads to issue bonds for rail projects
  • U.S. railroads' intermodal volumes up 6.7% in July
  • Norfolk Southern to open Shelocta Secondary line
  • DHS drops cargo seal proposal for alternative security measures
  • USDA makes inspections at overseas meat plants more flexible
  • USDA outlines trade assistance program for fiscal 2007
  • Temp members round out COAC
  • Burkina Faso cleared for AGOA trade benefits
  • Port of Rotterdam's first half box growth sluggish
  • North Carolina ports report record fiscal year

The Bunker Bulletinweb site
AUGUST 4, 2006
  • Fuel shortages hit Vancouver
    Distillate prices surging as resupply issues impact summer bunkering.
  • Ports test new scrubber technology
    Emissions 'bonnet' for locomotives may be adopted for ships at berth in California.
  • Durban: Fuel oil available from mid-August
    Durban fuel oil drought set to end a month after suppliers withdrew from spot market.
  • Slow start to 2006 dents Rotterdam port growth
    H1 throughput figures from the port point to a mere 2% growth rate this year, though oil product imports continue to grow.
  • Bunkers hurt H1 profits at OOIL
    Chairman blames poorer overall H1 result on softer container rates and higher oil prices.
  • ARA market stable Friday morning
  • Nippon Yusen shaves profit forecast on higher oil prices
    Increasing fuel costs weighing down earnings at shipping firms.
  • Bunkering facilities set to compete with global markets
    Indian port to offer bunkering to international customers in Special Economic Zone.
  • New Zealand: Fuel oil spill at Nelson harbour
  • Hong Kong: Heavy barge congestion as typhoon passes
    Bunkering was briefly disrupted yesterday due to typhoon Prapiroon.

›››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%)
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
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
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