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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
October 23, 2006
The Business Timesweb site
Shipping News
  • Slow rise in cost of running a vessel
    SHIPOWNERS spending less on repairs and maintenance, which had been a noticeable feature when the steep rises in freight rates occurred two years ago, are partly responsible for slowing down the cost of running a vessel, according to a study.
  • Voters seen to support Panama canal project
    VOTERS were expected to approve the largest modernisation project in the 92-year-history of the Panama Canal yesterday, a US$5.25 billion plan to expand the waterway to allow for larger ships while alleviating traffic problems.

Sched Netweb site
  • Cosco Pacific terminals handle 30pc more boxes in September
  • ICTSI granted US$120m standby credit facility
  • APL chief Ron Widdows takes top award
  • Schenker sees 20pc China growth in 2006
  • FedEx Express pilots ratify contract
  • DHL's Leipzig hub to open on schedule
  • Envirotainer names Thomas Persson as CEO

International Transport Journalweb site
  • Holistica Solutions names managing director
  • HPH gets concession for new container terminal in Ecuador
  • SBB Cargo adds international services
  • UPS: package business up, supply chain division down

Maritime Global Netweb site
OCTOBER 20, 2006
  • Buoyant nine months for Concordia
  • Grand Alliance rejigs EU2 Service
  • BV's naval rules
  • ISF explain Super Convention

Marine Logweb site
OCTOBER 20, 2006
  • Unusual catamaran attracts attention
  • Fincantieri books AHTS orders

World Wide Shipperweb site
OCTOBER 20, 2006
  • Port of Vancouver, BC marks end of cruise season
  • US rail freight traffic sees gains on all fronts
  • Port of Tacoma Gateway magazine on line
  • Everett Port Board Oks Collins Building redevelopment
  • Guggenheim Aviation Partners orders four Boeing 747-8 freighters

Lloyd's Listweb site
  • Berkshire Hathaway takes over Equitas
    WARREN Buffett's Berkshire Hathaway is effectively to take over Equitas in a deal that is seen as lifting the pre-1993 syndicate liabilities run-off vehicle out of the Lloyd's arena.
  • Buffett takes over Equitas to draw line under Lloyd's run-off saga
    LLOYD'S could be set to achieve a prized AA financial rating after super-investor Warren Buffett extricated the market from the risk of any new run-off nightmare over Equitas by tabling a $7bn liabilities lifeline.
  • China Shipping buys Shanghai Times stake
    BULK specialist China Shipping Development will expand its bulker operators with the planned purchase of a 50% stake in Shanghai Times Shipping for Yuan411.84m ($52.1m) from Hainan Haixiang Investment.
  • 'We are done' on Jones Act ships, says Dibner
    JONES Act product tankers and barges in service and on order will provide enough capacity to meet demand well into the future and owners should stop ordering more tonnage, a New York conference on the US maritime industry was told.

Fairplayweb site
OCTOBER 20, 2006
  • Seabourn to revitalise fleet
    MIAMI ' Luxury operator Seabourn Cruise Line has conditionally agreed to order two 32,000-gt, 450-passenger vessels from Italian shipbuilder T Mariotti ' the first newbuildings in the luxury sector for years
  • Kooren comments on towage battle
    KOTUG president Ard-Jan Kooren told Fairplay the battle to launch towage services at Le Havre involved giving some ground and holding the nerves
  • OPEC cuts more than expected
    OPEC agreed last night to cut global oil production by 1.2M bpd beginning 1 November to defend a minimum $60/barrel price floor
  • Panamanians vote on Canal expansion
    PANAMANIANS will vote on Sunday in a referendum to approve or reject a $5.25Bn proposal to expand the Panama Canal
  • US faces new EU rice hurdle
    THE European Commission is to subject imports of US long rice to strict counter-tests to protect against unauthorised GM strains
  • Celtic Link to hub from Cherbourg
    IRISH ro-ro operator Celtic Link is to launch a service between Cherbourg in France and the UK port of Portsmouth in January
  • Concordia heads for profit forecast
  • Gazprom explains Shtokman strategy
  • NYK signs charters for LNG ships
  • Hong Kong woos river trade vessels

The Journal of Commerceweb site
OCTOBER 20, 2006
  • New GAO report cites TWIC problems
    Government watchdog says TSA should fix problems with the ID card before awarding the final contract to implement the program.
  • OOCL volume up 12%
  • PNW ports push 5M-TEU mark
  • NY-NJ port rail projects OK'd
  • Houston boxes to grow 11%
  • Europe View: EC still aiming at maritime sector
  • "K" Line to exceed forecast
  • Mobile awaits crane
  • Miami airport first to require IDs for warehousing
  • New rules proposed for privatization of India ports
  • Concor says it won't discuss rate hikes in advance

Containerisation Internationalweb site
OCTOBER 20, 2006
  • OOIL seeks financing to buy four Samsung 8,000 teu Titans
    Hong Kong-listed carrier and port operator OOIL said it has purchased four 8,063 teu vessels from Samsung Heavy Industries for a total of US$477m.
  • US government watchdog warns of ID programme pitfalls
    The test phase of the US Transportation Worker Identification Credential has revealed cost and time over-runs, and the risk of more of the same, if contract-oversight procedures are not tightened.
  • Muted peak season hits OOCL's Q3 revenues
  • EU imposes more anti-dumping taxes on Chinese imports
  • CMA CGM adds ship and calls to Asia-Europe string
  • Failure of Lamong tender forces Jakarta to raise stake on offer to foreign investors
  • Japan and Indonesia sign MoU in bid to reduce import duties on agricultural goods
  • CMA CGM to invest in Busan New Port development
  • Dunkirk doldrums attributed to delayed APMT handover
  • Intermodal is the key factor in CN's Q3 revenue growth
  • OOCL focuses UK network on Southampton

TradeWindsweb site
OCTOBER 20, 2006
  • Blystad behind buy
    Sale-and-purchase brokers report that Norway's Arne Blystad is the buyer of a capesize newbuilding contract.
  • IOPC Funds to levy $5.6m
    Low level of tanker spills leads to modest compensation bill at Mans Jacobsson's last assembly.
  • "Fair treatment" win
    Climb-down by US on guidelines for seafarers involved in accidents and spills hailed as 'victory' by unions.
  • Bharati builds profit
    Indian shipyard sees 60% leap in second quarter income as sales and auxiliary revenue increase.
  • Bribes row for trial
    Judge halts arbitrations so that Sovcomflot claims of corruption against Dmitry Skarga will be dealt with by a London court.
  • Sime Darby sells out of Jaya
    Malaysia's largest multinational offloads entire stake in owner and shipbuilder to Nautical Offshore Service.
  • Panama prepares for yes vote
    Referendum on $5.25bn Panama Canal expansion expected to give go-ahead for eight years of work.
  • New ship for EU2
    Ninth vessel to be added to Asia/North Europe service next year by Grand Alliance members.
  • Tallink cutting fewer jobs
    Talks with unions over integration of Silja Line and Superfast Baltic ferry operations mean 128 staff face chop.
  • Samsung feeling strong
    Korean yard adds another $1bn to 2006 order intake forecast as newbuilding business booms.
  • Weaker start for Gotland
    Swedish tanker and ferry owner still struggling with higher costs as it posts first quarter result.
  • Numbers up at OOCL
    Hong Kong liner operator sees increases in volumes and revenues across the board in third quarter.
  • Closing time
    US shipbuilding consultant Brent Dibner says Jones Act tanker newbuilding book is sufficient to meet future demand and the cover should be closed, but OSG may have a different read.
  • NYK inks CPC deal
    Japanese owner puts pen to paper on 25-year, four ship LNG charter to Chinese Petroleum Corp.
  • L&T lifts earnings
    Indian shipbuilding newcomer is promising more orders as profit rises in second quarter.
  • Sumatec back for more
    Malaysian owner returns to China for another pair of 8,000-dwt tankers on back of time charter.

American Shipperweb site
OCTOBER 20, 2006
  • OOCL sees revenue, volume gains in 3rd-quarter
  • CMA CGM to add Le Havre, Beirut to North China Express
  • MISC boosts India coverage
  • OOCL to start UK Express
  • MacAndrews uses 45-foot reefer containers for Spanish market
  • Air New Zealand renews Heathrow cargo handling contract
  • CN's 3rd quarter net income up 21%
  • More truckers file e-truck manifests
  • Panama votes Sunday on canal expansion
  • New York authorizes spending for on dock rail
  • Moffat & Nichol land contract to design Charleston terminal
  • Bromma growth in Turkey continues

The Scandinavian Shipping Gazetteweb site
OCTOBER 20, 2006
  • ITF inspected 200 ships in Baltic Week of Action
    International Transport Workers' Federation (ITF) were instrumental in USD 471,999 in back pay being paid to crews during its Baltic ...
  • First question to new finance minister: "Where's the tonnage tax?"
    The first question to the new Swedish Minister of Finance, Anders Borg, in his first question session in the Swedish ...
  • Green light for new Norway'Sweden ferry connection
    After a successful trial call in Str'mstad in Sweden by the ro-ro/passenger ferry Pride of Telemark, Norwegian Kystlink ...

The Bunker Bulletinweb site
OCTOBER 20, 2006
  • Prices mostly softer despite OPEC production cut
    Bunker prices falling with crude in most US markets, except the East Coast.
  • IMO says shipping must do more to reduce harmful emissions
    Experts call for standard SECA Compliance Certificate.
  • Double-hull tanker purchased by FAL Group
    Major fleet upgrade continues for UAE supplier.
  • Rotterdam market stable, crude up
  • Singapore: First cargo enters Horizon Terminal
    New oil terminal receives its first fuel oil cargo on Friday.
  • OPEC decides to cut output by 1.2 million bpd
    Oil output will reduce to 26.3 million bpd from November 2006.

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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