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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:51 GMT+1
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BRIEFS
June 22, 2006
The Business Timesweb site
Shipping News
  • PSA sets indicative yield for US$1b bond issue: source
    PSA International, operator of the world's busiest container port, has set an indicative yield range for its global bond issue, which is expected to be US$1 billion in size.

Sched Netweb site
  • CMA CGM, China Shipping to launch joint Asia-Europe service
  • Railway development to drive economic growth in YRD region
  • ELAA to submit `reproposal' on conference system replacement to the EC soon
  • China-Kazakhstan roads to open soon
  • Quanzhou builds Mainland-Taiwan agricultural produce trading market
  • Changi cargo throughput up 6.5pc in May
  • SilkAir ups frequency of Singapore-China services
  • Lufthansa Cargo introduces road feeder services

Exim Indiaweb site
  • INSA takes service tax issue to court
  • Overwhelming attendance of freight forwarders recorded at 3rd Sino Int'l Conference in Guangzhou
  • GE Shipping takes delivery of newly-built PSV
  • Emirates Shipping Line to join OOCL's MAX service in July
  • A.P. Moller-Maersk to triple tanker fleet
  • 8 cos submit tenders for wheat import
  • India corners 35 pc of global carpet market
  • Exports from SEZs register 25.8 pc growth rate during 2001-05
  • TAMP's order on IGTPL levies upsets shipping lines
  • CoPT forms panel to work out box transport charges
  • CCT operations partially hit by 'strike', avers trade
  • Haldia Dock offered mobile cranes on lease
  • Petrapole to come under Land Customs Port Authority
  • Service tax sops in SEZs only for actual exports, clarifies Finance Ministry
  • Hyderabad gems SEZ gets clearance
  • Fieo showcasing traditional items at Vienna expo this week

Maritime Global Netweb site
JUNE 21, 2006
  • ECIC raises fuel rates
  • US Lines expands NZ-Australia services
  • Explosion on Frontline tanker

Marine Logweb site
JUNE 21, 2006
  • Stolt-Nielsen denied rehearing
  • NASSCO delivers T-AKE 1

World Wide Shipperweb site
JUNE 21, 2006
  • FMC Chairman Blust announces plans to step down
  • US signs security pact with government of Jamaica
  • Ambassadors International combines cruise vessels under one name
  • Port of Everett earns ninth straight positive audit
  • MarAd gives Ok for sale of three vessels

Lloyd's Listweb site
  • South Korean yards to raise prices again
    SOUTH Korean shipbuilders are prepared to impose further incremental ship price rises as cover against a still appreciating won.
  • Transpetro signs Brazil orders worth $1.27bn
    TRANSPETRO has concluded orders for 16 tankers, the first to be built in Brazilian shipyards for more than 10 years.
  • Asian alliance to fight pirates goes ahead despite dissenters
    AN ASIAN regional anti-piracy agreement, including an information-sharing centre in Singapore, will come into force in September despite an absence of support from Malaysia and Indonesia.

Fairplayweb site
JUNE 21, 2006
  • COSCO Pacific cuts box stockpile
    COSCO Pacific has sold a significant chunk of its container stockpile, but has no plans to reduce its container leasing business
  • Crew saved from sinking ship
    All 18 Indian crew from distressed vessel Kaniya were saved off the coast of Somalia this morning by Jo Tanker's Jo Betula
  • IMAREX buys energy research firm
    IMAREX, the Norway-based electronic marketplace for freight derivatives, says it will acquire NENA, an energy and CO2 emissions research firm
  • BC Ferries probe retrieves equipment
    A team operating an unmanned submersible vehicle to probe the bridge of the BC Ferries vessel Queen of the North has been able to retrieve the ferry's GPS and AIS systems
  • Bunker supplier Chemoil expands
  • Brazil shock as Atlantico rejected
  • Transpetro places 16 orders
  • Migrant Watch: US/Caribbean
  • Marina flags up registry policy
  • Launch leaves vessel high and dry
  • Portsmouth in freight ferry talks
  • Towage protestor on hunger strike
  • US judge rejects Stolt appeal

The Journal of Commerceweb site
JUNE 21, 2006
  • Vancouver volume up 20% to lead Pacific Northwest
  • FedEx profit gains 27%
  • Lines ready revised plan to share information
  • Bush says U.S. committed to WTO trade deal
  • Business backs UN anti-corruption effort
  • Matson upgrades FSM calls with Guam service
  • Edmonds re-appointed to Houston port commission
  • Inttra in BOL agreement
  • TNT renews Ford contract
  • Schiffahrt deploys mega-ship
  • Crowley boosts reefer fleet

Containerisation Internationalweb site
JUNE 21, 2006
  • Danes make Dutch Maasvlakte dreams come true
    AP Moller Terminals is the first customer to reach agreement with the Rotterdam Port Authority for a terminal on the Maasvlakte II project giving the authorities the necessary launch partner.
  • Polish infrastructure hampers exports say shippers
    Polish shippers see containerisation as the cheap way to move goods and boost trade, but this potential is stifled by factors including infrastructure and the success of the small-business economy.
  • Emirates and partners edge charter indexes upwards
  • Asian Short-haul market in two-year slump
  • Owners order more post-panamax tonnage
  • COSCO Pacific to sell lease boxes for US$869m
  • PSA to issue US$1bn bond to fund Hutchison deal
  • ELAA set to release post-4056 proposals
  • Bay Watch reports poor ID processes at Tanjung Priok
  • Easier access to deeper Brisbane

TradeWindsweb site
JUNE 21, 2006
  • Taking stock
    Newly bullish John Fredriksen and Tor Olav Troim have bought '$5m to $6m' in Frontline stock and see VLCC rates topping $200,000 per day in fourth quarter.
  • Citigroup loses US head
    Banking giant makes rare management change as its 'quiet American' steps down after 13 years.
  • Spirited protests downunder
    Maritime Union of Australia members protest at lack of funding for Spirit of Tasmania III ferry service.
  • CSC seals Iran funds
    Sri Lanka's Ceylon Shipping Corp to use Iranian special credit line to purchase tanker and containerships.
  • Chemoil targets growth in Europe
    Californian bunker supplier takes full control of Rotterdam-based Allround Fuel Trading.
  • Double detention
    Greek open-hatch bulker detained in Sydney and Fremantle during May with lengthy rap sheet.
  • Matson ups Pacific Islands links
    US to Hawaii container line charters 650-teu Cerrina (built 1993) to increase services to Micronesia.
  • Box sell-off for Cosco Pacific
    Chinese container lessor gets $870m-worth of assets off its balance sheet.
  • Heat to blame
    Temperatures of 42' C blamed for Vietnam yards' failure to launch tweendecker newbuilding.
  • Tanker explodes off Nigeria
    Two seriously injured as lightering vessel explodes in the port of Lagos.
  • Stolt rejected
    Criminal indictments could follow soon after 12-judge court of appeals refuses Stolt's petition for rehearing in antitrust case and parcel owner's options dwindle.

American Shipperweb site
JUNE 21, 2006
  • Drewry: trans-Suez container services "bit players" no more
  • More U.S. grain moving to Mexico by water
  • Inchape appoints Lauridsen
  • DHL completes Incheon air hub relocation
  • EU signs aviation agreement with New Zealand
  • Cathay to add Stockholm, Toronto to cargo network
  • EC adds to aviation blacklist
  • Air Canada starts Toronto/Shanghai flights
  • Lufthansa Cargo starts using two-tier truck
  • Japan opens border again to U.S. beef
  • U.S. Chamber to fight for intellectual property rights
  • DuPont, BP launch partnership to develop biofuels for transport
  • Jamaica joins CSI program
  • COSCO Pacific sells containers for $869 million

The Scandinavian Shipping Gazetteweb site
JUNE 21, 2006
  • Wallenius took delivery of the first newbuilding
    The Stockholm based PCTC owner Wallenius Lines has taken delivery of the "Aida" from Daewoo in south Korea. The naming ...
  • Stolt-Nielsen risks big fines
    The US Department of Justice is now free to charge chemical tanker owner/operator Stolt-Nielsen with illegal price fixing ...
  • Langesund-Strømstad postponed again
    Nye Kystlink has postponed the start-up of the ferry link between Langesund and Strømstad until this autumn so as ...

The Bunker Bulletinweb site
JUNE 21, 2006
  • Aggressive competition turns West Coast bearish
    Los Angeles and San Francisco seeing lower prices as suppliers look to shift product and grab demand.
  • Port Houston joins EPA emissions group
    Consortium investigating projects involving alternative fuels and diesel engine controls.
  • US crude stocks swell to eight-year high
    DOE report shows US crude stocks at their highest since May 1998 after latest weekly increase.
  • Sino Union on the move
  • War with Iran could triple oil price
    Saudi official warns of 'inferno in the Gulf' if the West were to use military force against Iran.
  • Bunker supplier launches lubricants service
    Romanian bunker supplier announces establishment of new lubricants department to meet clients' requirements.
  • Chemoil acquires remainder of Dutch trading firm
    Allround Fuel Trading fully acquired nearly eight years after Chemoil bought initial 50% stake.
  • Rotterdam fuel oil stable as gasoil sinks
  • South Korea: Bunker demand muted as buyers hold off
    Buying interest remains low despite bunker prices softening since Monday.
  • Singapore: Buyers informed of off-spec fuel by supplier
    Singapore supplier informs MPA that it is in contact with the buyers of off-spec fuel to ensure the safety of the vessels, debunkering scheduled in July.
  • Shanghai Petroleum Exchange commences trial trading
    The exchange started its simulated trial operation today with 380 cst and 180 cst as its trading products.
  • Global oil demand set to rise by 37%
    US-based EIA predicts world oil demand to rise by 37% by 2030.

›››File
FROM THE HOME PAGE
PORTS
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%)
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.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
SHIPYARDS
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
PORTS
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
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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