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03 December 2024 - Year XXVIII
Independent journal on economy and transport policy
18:30 GMT+1
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BRIEFS
October 16, 2006
The Business Timesweb site
Shipping News
  • UK set to launch anti-terror cargo security scheme
    THE UK looks set to introduce a new cargo security regime similar to the United States' 24-hour advance manifest rule, raising fears among shippers that it will slow the free movement of goods and disrupt global supply chains.
  • Bush signs bill on US port security
    PRESIDENT George W Bush on Friday signed legislation to help protect US ports against catastrophic Sept 11-style attacks as part of an election-year push on domestic security sought by both political parties.

Sched Netweb site
  • Seaspan signs US$160m deal with AP Moller-Maersk for 4 vessels
  • New Safmarine box ship christened
  • Ecu-Line boosts Nagoya service
  • MOL to launch CS1 service from Shanghai
  • US$30m capital boost for TT Club
  • Fanzl names new director of sales and customer service
  • Air Hong Kong to fly to Nagoya
  • Northwest expands Europe network
  • China Eastern names new president

Exim Indiaweb site
  • ESL joins hands with SCI & TS Lines to offer Hyper Galex service
  • ESC advises liner shipping industry to face up to new challenges
  • Mercator Singapore may float IPO to raise $ 100 m
  • K. M. Sheth to be Chairman of GE Shipping as well as Great Offshore
  • Ritco combines local & global expertise to offer customised supply chain solutions
  • EU gets tough with chemical suppliers
  • Textile exports may total Rs 81,616 cr. in 2006-07
  • Mauritius beckons Indian businessmen
  • Iron ore exports may be, limited & canalised
  • EU slams quality barriers on Indian farm products
  • Gujarat govt gives in-principle nod to develop 5 ports via SPV route
  • Maya Sinha tipped to take over as dy Chairperson of JNPT
  • 229 pc rise in South Western Rly's parcel earnings in Sept.
  • Minister promises Rs 100-cr. subsidy to coir sector
  • Ministry sees security risks in 2 SEZ proposals
  • GSPC to set up 5-m tonne LPG terminal
  • SEZ for non-conventional energy mooted
  • 33.8 pc rise in Customs collections in H1
  • Fieo workshop on Excise Relating to Exports tomorrow

International Transport Journalweb site
  • European Barge Union names new president
  • DFDS' acquisition of Norfolk Line Containers approved by cartel authority
  • GAC Logistics and Qatar Airways sign global agreement
  • Italy halts Messina bridge project
  • Wincanton acquires RDL Holdings
  • Probable truck toll for Alsace, France

Maritime Global Netweb site
OCTOBER 13, 2006
  • "Let shippers and lines work out new rules": ELAA
  • TT boosts capital
  • US, Korea give cash to IMO
  • SBM, Frontline book FPSO conversions at Keppel
  • Emirates launches Hyper Galex

Marine Logweb site
OCTOBER 14, 2006
  • Polar Tankers to pay $540,000 fine
  • Norwegian investors buy Davie

World Wide Shipperweb site
OCTOBER 13, 2006
  • Everett Port Commissioners Ok $3.8 million in new bonds
  • US rail freight delivers positive numbers in September
  • 2006 Connie Awards going to Yeager, Vitarana
  • Freightliner works deal for new Port of Portland lease
  • TOTE taps Hugh Simpson as new chief financial officer

Lloyd's Listweb site
  • Finnlines' investor sparked Grimaldi bid
    EMANUELE Grimaldi's decision to raise the Grimaldi Group's stake in Finnlines to 46.2%, and with it to launch a full takeover bid for the Finnish ferry company, appears to have been prompted by an unsolicited approach from the second largest shareholder in Finnlines eager to sell at price level it regarded as favourable.
  • Ultrapetrol listing fails to hit expected target
    ULTRAPETROL (Bahamas), the shipping enterprise taken public on the Nasdaq market by the Menendez family, has had to settle for a price of $11 per share instead of the $13-$15 expected, realising gross proceeds of $137.5m in the bargain.
  • DryShips takes $22m hit from futures gamble
    NASDAQ listed DryShips has taken a significant hit from losses on futures contracts after gambling that the freight market would slump over the summer.
  • Bush calls for more LNG terminals to cut dependence on Middle East
    PRESIDENT Bush has called for the US to approve more liquefied natural gas terminals as part of the nation's efforts to reduce dependence on oil imports from the Middle East.

Fairplayweb site
OCTOBER 13, 2006
  • US gas field closed after explosion
    NEW ORLEANS 13 October ' A southern Louisiana oil and gas field is shut today and at least three people are dead following an accident yesterday when a tug and barge struck a natural gas pipeline ' causing a massive explosion
  • DryShips admits heavy FFA loss
    GREEK owner Dryships has suffered a $22.4M loss on forward freight agreement (FFA) hedges after bulk rates proved much stronger than the company anticipated
  • Piracy: Suriname
    SURINAME police and naval forces plan to increase coastal patrols after repeated reports of fishermen being attacked by masked, armed robbers
  • Bush signs $6.7Bn port security bill
    PORT bosses across the US will soon see additional money to fund security upgrades following President Bush's signing this morning of the SAFE Port Act
  • Ultrapetrol scales back
    BAHAMAS-based Ultrapetrol will receive $34.8M less from its IPO than hoped, after the company priced its shares below target yesterday
  • Indonesia to calm tin tensions
    INDONESIA has moved to restore shipments of tin from Bangka island after two weeks of social unrest has disrupted production
  • Zim Mexico captain convicted
  • 'Extreme Alert' in Mindanao
  • How green is your bank?
  • Hope dashed as wrong crew found
  • KG leader reassures investor
  • EC green paper 'too wide ranging'
  • Maersk pulls ANZ-Europe service
  • Speculation mounts over Hanjin bid

The Journal of Commerceweb site
OCTOBER 13, 2006
  • China volume may soften landing for falling container charter rates
    Charter rates are still retreating, but the market appears headed for a soft landing instead of the collapse predicted earlier in the year.
  • Bush signs SAFE Port bill
  • Liners say EC 'accusatory'
  • Tolls boost Seaway traffic
  • MOL upgrades intra-Asia service
  • Concor profit soars
  • Visibility key to supply-chain excellence: NYK exec
  • PIX service calls Pipavav
  • Export ABCs: Information time
  • India port volume up 6%
  • Emirates' Hyper Galex service calls China, India, Mid-East
  • NWS to develop China rail hubs

Containerisation Internationalweb site
OCTOBER 13, 2006
  • ELAA accuses EC of "harping on about the past"
    European Liner Affairs Association Executive Director Chris Bourne told a lawyers' conference today that the EC's "accusatory tone" was hindering the process that will see a new liner regulatory regime by 2008.
  • Emirates: Hyper Galex is go
  • Chittagong Port orders probe into ship capsizing
  • Operators urge Jakarta to significanty raise port investment
  • MOL to funnel more Asian volumes through Singapore hub
  • HPH denies US$770m loan rumours
  • Bill reaches SAFE haven on US President's desk
  • Small container retreat for the Port of Dunkirk
  • CN opens China freight forwarding office
  • Schenker takes over Philippines partner

TradeWindsweb site
OCTOBER 13, 2006
  • Conoco spills $540,000
    Oil company pays maximum fine to Washington state for 2004 Polar Tankers spill in Puget Sound, with federal payout still to come.
  • Paying for caution
    George Economou explains how he was blindsided by a strong third quarter for dry bulk rates, taking a $15,000 per day beating on each of 12 hedge contracts.
  • Righting the ship?
    DryShips seems to have stopped taking on water over paper losses after Economou, two investment analysts come to its defense.
  • Immoral, says Greenpeace
    IMO efforts on new scrap convention gets less than enthusiastic response from social and environmental groups.
  • TMT fronts up again
    Taiwanese owner pays top dollar for Frontline VLCC a month after buying a sister vessel from the Oslo-listed giant.
  • Probo Koala heads off
    Ship at centre of toxic waste row leaves Paldiski, Estonia, to discharge slops and continue trading.
  • Many a slop...
    ...'twixt ship and shore as tanker owners hit back over 'knee-jerk' reactions to Probo Koala scandal.
  • Tomasos confirms Top buy
    Tanker switches hands between compatriot Greek owners for $1.5m less than initial reported purchase price.
  • Ultrapetrol misses IPO target
    Company redraws debt plan after offer prices 20% below expectations.
  • Japanese push NOBS
    Ship designers develop wider hull to avoid use of potentially harmful ballast water.
  • No takeover for Ofer
    Israeli owner sees increased stake in Hanjin Shipping as 'financial investment' only.
  • Fool fights back
    Motley Fool describes recent departure of two directors and CFO from DryShips as "alarming".
  • Indian missing crew farce
    Relatives now told not Jupiter-6 seafarers in Lisbon jail but crew of a different ship.
  • Todd wins ferry deal
    US shipyard to overhaul 1963-built Alaskan state ferry Malaspina for $6.5m.
  • Stolt eats up more shares
    Chemical operator spends another $5m on its own stock.
  • Scandlines cuts Mols-Linien stake
    German-Danish ferry owner sells 10% of rival to smooth path to sell-off.
  • OOIL: no ports shortlist
    Hong Kong boxship operator denies it has lined up bidders for a potential sell-off of its North American terminals.
  • Guilty
    Captain of the 1,156-teu boxship Zim Mexico III (built 1993) convicted over Mobile port death.
  • MOL upgrades China links
    Japanese liner operator to launch direct service between Shanghai and Singapore next week.

American Shipperweb site
OCTOBER 13, 2006
  • EC, ocean carrier relations at a low
  • Reports say Zim's Ofer has raised stake in Hanjin
  • Plan to scrap MARAD ships rejected
  • Two more "Giant Step" crew dead
  • Emirates, SCI, TS Line to start Hyper Galex
  • MOL to start Shanghai/Singapore feeder
  • CCNI opens Japan office
  • TOTE hires Simpson as CFO
  • Hamburg Sud gives Searing extra role with FANZL
  • Air Hong Kong to add Nagoya to network
  • BNSF, CSX plan intermodal corridor between West Coast, Southeast
  • Johnson takes helm at Saint Lawrence Seaway Development Corp.
  • RailAmerica's carloads down 6.7% in September
  • IBM relocates procurement headquarters to China
  • Committee begins tackling U.S. deemed export policy
  • FTA seeks new leader
  • IJS Global acquires Dutch project forwarder
  • SEKO partners with Cole Group in Canada expansion
  • Mobile awards strategic port study
  • Jurong Port's September box volume down 22%

The Scandinavian Shipping Gazetteweb site
OCTOBER 13, 2006
  • Finnlines bid "too scant"
    Voices are heard in the market that the Grimaldi bid for Finnlines is far too low. The Grimaldi bid puts ...
  • Fewer accidents with Swedish ships
    In 2005, 114 accidents occured with Swedish-flagged ships involved, 11 less than in 2004. Eight incidents were reported, the ...
  • Godby Shipping to lengthen newbuildings
    Two ro-ro vessels on order by Godby Shipping at the J.J. Sietas shipyard will be lengthened by 12.6 metres ...

The Bunker Bulletinweb site
OCTOBER 13, 2006
  • PDVSA weekend contact
  • KiteShip flying high with wind power technology
    Fuel savings of 20% expected as company planning launch of next-generation system.
  • New supply options in Turkey
    Trader making shift to physical supplier in two key ports.
  • IBIA accepts local initiatives can 'be enormously beneficial'
    Secretary General saying IMO remarks must be seen in context.
  • Jamaica closed Monday
  • Annex VI has changed bunker industry for the better
    Shipping companies and suppliers have proved that new regulations can work, says industry expert.
  • Global warming will make Arctic passage a reality
    "Supreme irony" is that savings in bunker usage could help slow climate change.
  • Global bunkering standard gathers momentum
    Working group discusses conversion of Singapore standard for bunkering to ISO standard.
  • Shanghai Petroleum Exchange to extend spot trading hours
    Extended spot trading hours to take effect next week.
  • Bunker fuel removal could cost $12 million
    An international body strongly urges the removal of remaining bunker fuel from sunken Solar I.

›››File
FROM THE HOME PAGE
Signed the act for the rebalancing of the concession in chief of Venice Terminal Passengers
Venice
Spain : The aim is to "create a new normal", which is aimed strongly at an upper-middle customer segment, with the aim of creating a pole for luxury cruises in Venice, " he said.
In October, freight traffic in the ports of Genoa and Savona-Ligure
Genoa
Recorded increases of 2.5% and 21.9%, respectively. It continues the downturn of cruises in both scallops
Fincantieri has delivered the new cruise ship Viking Vela to Viking
Trieste / Los Angeles
Can accommodate 998 passengers
The government of Montenegro wants to bring the port of Adria back under state control
The government of Montenegro wants to bring the port of Adria back under state control
Podgorica
Will evaluate the possible acquisition of the majority stake in the Turkish Global Ports Holding
China's seaports handled record cargo traffic for October
China's seaports handled record cargo traffic for October
Beijing
Containers amounted to over 24.4 million TEU (+6.2%)
Stable the traffic of goods in the port of La Spezia in the period of July-September
Stable the traffic of goods in the port of La Spezia in the period of July-September
The Spezia
Marina di Carrara has been recorded a decrease of -15.6%
At Spezia they don't want a president of the AdSP "parachuted"
The Spezia
They ask for a president "plug & play" able to deal with the problems right away
Defined the location in the port of Gioia Tauro of the construction site for the bridge over the Strait of Messina
Joy Tauro
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
Ankara
Expected the realization of a terminal container
T&E calls for EU measures to limit ship speed and greater use of wind propulsion
Brussels
Summary complaint of the organization on the progress made by the shipping industry for decarbonisation
To extend the customs corridor to goods in export and on transhipment in the port of Spezia
The Spezia
He was speaking at a meeting between the AdSP and the Customs Agency.
After Maersk, Hapag-Lloyd also initiates an agreement with Chinese Goldwind for supplies of green methanol
Messina (Assshipowners) : yes to the environmentalist push, but the timing and the ways are wrong
Rome
Local, often untimely, local norms have the only effect of moving traffics out of the Old Continent.
Port of Ravenna, final visit of the EU representative to the project "Ravenna Port Hub : Infrastructural Works"
Ravenna
The European contribution has been more than 30 million euros.
In 2023, the performance of road and rail transport services fell in Switzerland.
Neuchâtel
Modal shares remained unchanged
New intermodal service Melzo-Marcianise of Hannibal
Melzo
Two weekly rotations that from the first quarter will rise to three
PSA and Evergreen to jointly operate container terminal in Singapore
PSA and Evergreen to jointly operate container terminal in Singapore
Singapore
The new company will become operational by the end of 2024
In the third quarter economic growth of trade in goods and services of G20
In the third quarter economic growth of trade in goods and services of G20
Paris
Down the value of goods to and from China
Omanita group Asyad will manage the port of al-Suwayq for 40 years
Muscat
The expansion of the stairway and the construction of a quay
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Memorandum of Understanding for the creation of an intermodal terminal in Budapest
Astana
A delegation of the Kazakh KTZ Express to the port of Rijeka
The BIMCO has adopted the FuelEU Maritime Clause
Copenhagen
The European regulation will enter into force next January.
Kenon Holdings (Idan Ofer) announces the next exit from the capital of ZIM
Singapore
Currently owns 19.8 million shares
NIM and EH Group will develop hydrogen fuel cell technologies for shipping
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
The Zephyr Group snaps up Singaporean Twinco and Germany's Carl Baguhn
The Spezia
The two companies operate in the area of spare parts and components for diesel and gas engines
Rixi, without the ETS review, European maritime fleets will continue to suffer a competitive disadvantage
Rome
According to the deputy minister, it is necessary to intervene at the root of the problem
PSA Italy continues in purchase of equipment for Marghera terminal
Genoa
Committed total value of 8.5 million euros for three rubber-tyred gantry crane electric
Corsica Sardinia Ferries in search of navigating personnel
Go Ligure
The wanted profiles are different, for machine areas, room and kitchen
Agreement for the digital integration of the FS and AdSP Polo Logistics systems of the Western Liguria
Genoa
New Oriental Mediterranean Service-Adriatic via Malta of CMA CGM
Marseille
Will have a weekly frequency
Brussels to give state aid for 1.9 billion euros to German railway company DB Cargo
Brussels
Renewed the Governing Council of Wista Italy
Milan
Constancy Musso confirmed president
Maersk completes orders to three shipyards for 20 new container ships
Copenhagen
In Yangzijiang Shipbuilding committed for six 17,000 teu ships and two from 9,000 teu. At Hanwha Ocean and New Times Shipbuilding ordered six units from 15,000 teu each
Biagio Mazzotta assumes the post of Vice-President of the Federation of the Sea
Rome
President of Assonave will be running for vice president of ENMC
ESPO calls on the new EU Commission to maintain and strengthen the CEF programme
Brussels
The exhortation is also to better adapt it to the needs of ports and their stakeholders
The agreement on training between the AdSP of the Tirreno Centre Northern, the ITS Academy, " G. Caboto " and the European Escola
Cyvitavecchia
Consultation on the extension of the UK ETS to the maritime sector
London
Shipping would be included since 2026
MSC completes acquisition of a minority stake in HHLA
Hamburg
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
ONE acquires a stake in Jakarta's NPCT1 terminal container
Singapore
It has a traffic capacity of 1.5 million teu per year
Transped orders a mobile crane Konecranes Gottwald for its Porto Marghera terminal
Helsinki
It will be taken in delivery in the second quarter of next year
Dutch Raben Group and Swiss elvetica Sieber Transport make up a joint venture
Oss / Berneck
It will detect the Swiss company's groupage transport activity
Dachser & Fercam Italia has opened a new branch in Arezzo
Bolzano
Three thousand square meters of operational surface area and 400 of offices
Fincantieri initiates agreement with SIMEST for the growth of watermark businesses
Milan / Trieste
Conference for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
Approved the Plan of the Organic Ports of Sardinia
Cagliari
There are 938 workers in the 36 enterprises operating in the scallots
Saipem has awarded an EPCI offshore contract from BP in Indonesia
Milan
Container ship charterer MPCC's revenues fell by -28% in the third quarter
Oslo
Fermerci reports delays and cuts to incentives for rail freight transport
Rome
Paper: Real risk of losing 115 million euros
In the third quarter, traffic in shipping containers of Moroccan Marsa Maroc increased by 5% percent.
Casablanca
Exhaustion of the growth of transshipment volumes
At Samsung Heavy Industries orders for the construction of four 16,000-teu container carriers
Busan
Commits the value of about 781 million
Eni-MSC agreement in the field of sustainability and energy transition
San Donato Milanese
It was subscribed by Claudio Descalzi and Diego Aponte
The Grimaldi terminal in the port of Barcelona has been equipped with Onshore Power Supply
Barcelona
It will become operational in January
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 for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
››› Meetings File
PRESS REVIEW
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
South Korea's HJSC adjusts a salesperson for four new 7,900-teu container ships
Busan
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
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%
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