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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:40 GMT+1
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BRIEFS
February 21, 2006
The Business Timesweb site
Shipping News
  • US ports deal given stringent check: govt
    THE proposed deal for state controlled Dubai Ports World to take control of six major US ports was only approved after security safeguards were included, a top US administration official said on Sunday.
  • French group eyes hub port project in Batam
    THE Indonesian government is studying a proposal from French giant shipping and port management CMA-CGM Group for setting up an international hub port in Batam.
  • Cosco Container seeks US$466m loan for vessels
    COSCO Container Lines Co Ltd, the biggest container shipping company in China, is seeking US$466 million to buy eight vessels, a banker who is involved in the deal said.
  • Frontline Q4 profit dives as shipping rates slide
  • UPS uses China facilities as clients' inventory space

Sched Netweb site
  • Wan Hai Lines to offer HK-Japan service
  • DP World acquisition of P&O faces opposition from US lawmakers
  • Zim looks forward to a bright 2006, calls for 90 percent vessel utilisation
  • HMM suffers net income decline in 2005
  • Chengdu to build Asia's largest railway container station
  • Massport box volume rises 8pc in 2005
  • UPS to buy more green vehicles
  • HK given nod by Beijing to buy Zhuhai airport stake
  • Air Canada to launch all-cargo services soon
  • Malaysian airport upgrades to commence in March

Exim Indiaweb site
  • MOL starts new Vietnam service
  • Safmarine enhances reefer technology
  • WTSA to raise rates
  • NOL Group's JV CMA Logistics seeking Hong Kong listing
  • NOL Group extends presence in Russian Far East
  • Kalmar launches world's 1st intelligent terminal tractor
  • Shipping Trade practices Act still a dot on the horizon
  • Miami firm takes exception to P&O takeover, moves court
  • DP World to borrow $ 6.5 bn to acquire P&O
  • Exporters allowed to remit licence fee through DDs till March 31
  • Lanka wants bilateral trade issues resolved on priority basis
  • 2-wheeler exports zoom by 48 pc
  • EU official seeks greater market access to non-farm goods
  • Garment exports racing towards $ 15-bn mark by 2010, says study
  • Long-term insurance to compensate well-established exporters for accidental losses of cargo soon
  • UK keen on enhancing trade ties with India
  • CoPT making attempt to upgrade IT system
  • MCHAA meet suggests measures to lure more hinterland cargo to New Mangalore Port
  • NMPT reports highest single-day iron ore handling record
  • Customs to implement RMS at JNP this week
  • Private container terminal operators seek better deal
  • Wagon tracking to go hi-tech
  • Rlys halves penalty for coal overloading
  • Industries hit by supply shortages & higher road freight rates
  • Global container freight rates projected to dip
  • Forex reserves up by $ 452 million to $ 1,40,429 million

International Transport Journalweb site
FEBRUARY 20, 2006
  • New Canadian transport minister
  • AllCargo Global Logistics increases stake in Ecuhold
  • Singapore Airlines launching Dubai-Moscow flights
  • No smoking in Belgian lorries
  • Schenker and StarTrans form joint venture
  • US Congress warned that EU open skies could come off table
  • RFID on advance at Fiege
  • Asian Aerospace 2006, Singapore, 21 to 26 February

Marine Logweb site
FEBRUARY 20, 2006
  • Cunard releases Queen Victoria details
  • Aker Yards books PSV order
  • Shore power door for Norwegian Star
  • Warner move signals end of line for carrier

World Wide Shipperweb site
FEBRUARY 20, 2006
  • Singapore budget boosts shipping
  • P&O sale causes outbursts in the US
  • US LNG import volumes down
  • Strong Q4 for Farstad
  • IUMI to focus on cutting claims
  • Strike Club reports "strong renewals"
  • Nigerian rebels threaten tankers

Lloyd's Listweb site
  • Cargoship makes extra port call to avoid US security ban
    A SMALL British-registered ship was refused entry into the US last week on security grounds, an incident that has exposed gaps in the practical workings of global maritime security rules.
  • First legal shot fired in backlash against DP World's P&O takeover
    THE controversy in the US over Dubai Ports World's takeover of P&O escalated yesterday, with a Miami stevedore filing the first official legal challenge.
  • Skuld grows by 11.5% as Standard shrinks in P&I renewals shake-up
    AT LEAST two of the most significant mutuals offering shipowner protection and indemnity cover have emerged with a marked change in size, as a result of tough renewals bargaining.
  • World oil prices soar as Nigeria rebels strike
    OIL PRICES soared and Nigerian offshore workers went on high alert after militants attacked oil facilities and took nine people hostage.

Fairplayweb site
FEBRUARY 20, 2006
  • Rumours talk of P&O Ferries interest
    STRONG market speculation circulating in London suggests that DP World, which is expected to complete its takeover of P&O on 2 March, has received a number of unsolicited approaches concerning the purchase of the P&O Ferries business
  • Tanker runs aground in Chiba
    NO injuries or spill have been reported following the grounding of the Panama flagged chemical tanker Yeosu Pioneer near the Japanese port of Chiba this morning
  • PSA divests Dalian IT arm
    AS part of its divestment of non-core assets, Singapore container terminal operator PSA has given up control of its IT subsidiary in Dalian, China
  • Private owners end Tirrenia strike
    TEN of the 13 ferry operators taking industrial action in protest against the state subsidies granted to Italian operator Tirrenia have resumed services
  • PDVSA to stop filing with SEC
    VENEZUELA'S energy minister Rafael Ram'rez says Petr'leos de Venezuela is to stop filing annual reports with the US Securities and Exchange Commission
  • Arbitrators find for Ecuador over EnCana
    ECUADOR has won a $75M tax dispute over Canadian oil firm EnCana in an arbitration case
  • P&O's Miami partner files lawsuit
  • Ruling bolsters Jones Act
  • Weyerhaeuser's Westwood expands
  • Falling rates to hit Maersk Line
  • DFDS, Suardiaz launch joint venture
  • Philippines rejects new training course
  • Shortage of senior officers worsens
  • Further incentives from Singapore
  • Crew still missing after sinking
  • Panama Canal charges hiked

Containerisation Internationalweb site
FEBRUARY 20, 2006
  • Security expert 'amused' by US ports furore
    As the temperature in the US rises over the proposed acquisition of P&O Group by the Dubai company DP World at least one expert dismissed fears over the sale.
  • SAL seeks delay of Sydney evacuation
    Shipowner body Shipping Australia Ltd is seeking a postponement of government's plans to shift most commercial traffic out of Sydney Harbour.
  • Karla Peijs calls for customs focus on intermodal transport
  • Jakarta completes list of designated deepsea ports
  • Hong Kong offers 50% discounts on annual tonnage charges
  • Danube specialist: Constantza to be Central Europe gateway
  • CMA CGM to relaunch Australia's agency
  • ANL to launch US-Australasia direct service

TradeWindsweb site
FEBRUARY 20, 2006
  • Charter happy
    OMI works out up to eight products charters, also likely to continue with shares buyback programme.
  • Fleets move as P&I renews
    The Baltic Sea is safe for navigation for a new season as clubs ring in a new year.
  • Masterbulk makes it a double
    Singapore owner signs for bulker newbuildings at Oshima and Sumitomo in Japan.
  • Sovcomflot sues ex-boss
    Top Russian shipowner takes $321m legal action against former chief Dmitry Skarga and others over alleged chartering play.
  • Transatlantic buys space
    Swedish ro-ro owner strikes deal with paper producer for cargo transport on three new ships, while clearing out older vessels.
  • Evergreen eyes rich pickings
    Taiwanese container shipping group expecting 10% jump in revenues this year.
  • Militants threaten tankers
    Suezmaxes trading out of Nigeria could be targeted in escalation of militant attacks against oil producers.
  • ILO deal done
    Agreement reached on new global maritime labour convention pending formal vote in Geneva.
  • Two crew rescued off China
    Rest of 37-strong crew from sunken Panamanian-flagged reefer presumed dead.
  • Greek strike misery continues
    Action by seamen's group hitting exporters after ferries stopped for two more days.
  • No joke for Panama
    Canal authority to raise tug and line-handling fees from 1 April.
  • Explorer out of action
    Stena ferry could be out of action for two weeks after mystery object holes vessel below waterline.
  • Daewoo inks Vela VLCCs
    South Korean shipbuilder finally puts pen to paper on order for six VLCCs with Saudi owner.
  • Coscon chases loan
    Chinese box line working with banking consortium to fund eight newbuildings.
  • Singapore budget aids shipping
    Prime Minster Lee Hsien Loong unveils further tax breaks and incentives in 2006 budget.
  • Mosvold back at Samsung
    Norwegian drilling rig firm returns to South Korean shipbuilder for second deepwater unit.

American Shipperweb site
FEBRUARY 20, 2006
  • U.S. signs maritime safety treaties
  • Rocket attacks threatened against tankers in Nigerian waters
  • Kirby raises stake in Osprey Line
  • TNT to delist from London, Frankfurt stock exchanges
  • U.S., Cameroon open aviation service
  • STB approves DM&E's track construction in Powder River Basin
  • UPS orders 50 hybrid electric delivery trucks
  • U.S. investigation into Japanese beef export debacle spreads blame
  • Bush promotes future U.S.-Colombia free trade agreement
  • USTR rewards Philippines for improved IPR protections
  • Tabor joins ICSC board
  • Chertoff defends DP World port sale as criticism mounts
  • Zim boosts Portland's fortunes
  • Port of Oakland dredge project hits a snag
  • Hong Kong's January throughput up 1.1%
  • Los Angeles-Long Beach volume up 9% in January
  • Marseilles-Fos' box volume up 4% in January
  • Panama Canal Authority to raise tug, line handling services rates
  • ESPO to host public debate on European ports policy

The Scandinavian Shipping Gazetteweb site
FEBRUARY 20, 2006
  • Transatlantic to sell four vessels
    Transatlantic has sold the 14,900-DWT bulk carrier "Toftön" and the 14,240-DWT forest product carrier "Margit Gorthon" to foreign ...
  • Langh Ship orders container duo
    Finnish Lang Ship in Pikis has ordered two container carriers from J.J. Sietas in Hamburg for deliveries in February and ...
  • Crew officers evacuated from bulk carrier
    The police in Fredericia used a pilot boat in an action to evacuate the Greek officers from the strike bound ...

The Bunker Bulletinweb site
FEBRUARY 20, 2006
  • Quality warning for low-sulphur fuels
    Fuel tester predicting 'surprises' as blending to achieve low sulphur levels could affect fuel quality.
  • Panama commissions bunker report
    Bunker cluster tendering for report on Panama's infrastructure and competitiveness compared to other ports.
  • Rotterdam notches up new bunker record, lubricants stable
    Europe's leading port confirms record-breaking bunkering volumes for 2005, but growth has slowed from previous years.
  • Bunker Holdings bids bunker manager farewell
  • Russian executive urges rethink of refinery plans
    Plans to build huge export refineries ill-advised, crude exports more desirable, says oil boss.
  • Singapore reveals tax incentives to attract global shipowners
    Government announcing new incentives and tax incentives starting next month.
  • China holds bunker potential despite market monopoly
    GAC Shanghai manager identifies seven ports for expansion.

›››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%)
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
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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Editor in chief: Bruno Bellio
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