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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
12:18 GMT+1
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BRIEFS
April 24, 2006
The Business Timesweb site
Shipping News
  • Emirates line sets sail with Colombo-NY service
    THE liner industry's newest player - Emirates Shipping Line - has officially opened for business with its first service - Indian sub-continent to the US east coast - set to sail next month.
  • Orient Overseas Q1 sales up 3.9% on more cargo
    ORIENT Overseas Ltd, owner of Asia's seventh-biggest container shipping line, said first-quarter sales at the unit rose 3.9 per cent after cargo volume increased.
  • Key US oil-handling port's lifeline at risk
    THE only road in and out of Port Fourchon, Louisiana, the main US staging point for deepwater oil and natural-gas production, sits less than a metre above the marshland.
  • Toll getting support for Patrick takeover
  • Xiamen Int'l Port's profit up 4.7%

Sched Netweb site
  • May start for inaugural Emirates Shipping Line service
  • CSAV Norasia changes AME service rotation
  • Hapag-Lloyd to axe 2,000 jobs
  • Evergreen subsidiaries set up logistics joint venture in Tianjin
  • Wako 2005 net income up 114pc
  • World sails to half a century of containerisation
  • Synergy launches barge
  • Continental Airlines suffers Q1 net loss of US$66m
  • Tianjin's international cargo services on the rise
  • World Air appoints new CFO

Exim Indiaweb site
  • BCC&I organising ports & shipping conference on October 13-14
  • Emirates Shipping Agencies to represent Line's interests in India
  • PSA International acquires 20 pc of Hutchison Whampoa's port operations
  • Ex-im trade urged to make fuller use of VCT
  • S.R. Kulkarni reappointed trustee of MbPT
  • AIAI seminar underlines need to bolster ports' capacity to meet demands of booming economy
  • CONCOR plans to import wheels for private sector
  • Cargo size is no problem for Nautica Logistics
  • GDL to roll out container train at Garhi on May 3
  • Govt notifies Jamnagar SEZ
  • Exporters to receive 80 pc excise duty refund in 15 days
  • Credit policy offers little for exporters & SSIs, says AIAI

International Transport Journalweb site
APRIL 21, 2006
  • Vatry International Airport: Strong growth in Q1/2006
  • ERS expands rail shuttle network
  • Schindler and Kuehne + Nagel extend China partnership

Maritime Global Netweb site
APRIL 21, 2006
  • CMB's "strong" Q1
  • Strong start for Marseilles-Fos
  • Panama Canal auctions transit slot
  • Emirates' first service
  • Dutch arrest warning

Marine Logweb site
APRIL 21, 2006
  • No Navy deal with Somalia on pirates
  • Gulf Craft delivers fast cat

World Wide Shipperweb site
APRIL 21, 2006
  • Panama Canal testing auction for additional transit slot
  • US rail freight traffic has hot week in intermodal section
  • Four Indian tribes ink pact for fishing in Strait of Juan de Fuca
  • Truckers take reservation beef to streets of Vancouver, BC
  • Breakfast meeting will cover Whatcom County economy

Lloyd's Listweb site
  • PSA pays $4.3bn for 20% Hutchison stake
    HUTCHISON Whampoa has sold a 20% stake in entire global ports network to Singapore rival PSA International for US$4.39bn.
  • Voices from beyond the grave echo doomed Red Sea ferry's final hours
    A CHILLING transcript of the conversations recorded by the black box recorder of the Al Salam Boccaccio 98point to a string of failings by the captain and crew in the last hours of the ill-fated vessel's voyage.
  • Hutchison stake buy stuns PSA rivals
    CONTAINER industry executives in Asia are stunned by the implications of PSA International taking a 20% stake in its largest rival Hutchison's global port network.

Fairplayweb site
APRIL 21, 2006
  • RCCL downplays Caribbean fears
    ROYAL Caribbean Cruises Ltd (RCCL) confirmed the existence of new pricing pressures on Caribbean itineraries
  • PSA placed on credit watch list
    STANDARD & Poor's has placed PSA on credit watch following the $4.4Bn purchase agreement with Hutchison
  • Hapag focuses on ships not terminals
    HAPAG-Lloyd is worried about future bottlenecks at European container ports because of strong growth, but will not invest heavily in terminals
  • Iran oil bourse on stream by mid-year
    TEHRAN has reiterated that its much-publicised plan to launch an 'oil bourse' is close to reality and will become operational on Kish Island within next two months
  • RCCL hit by fuel, capacity shortfall
    ROYAL Caribbean Cruises Ltd (RCCL) profits were driven down in the first quarter by a combination of higher fuel costs and lower ticket revenues
  • Intoxicated bulker master arrested
    THE CAPTAIN of a Cayman Islands-flagged bulker has been arrested in New Orleans for being drunk on duty after a pilot smelled alcohol on his breath
  • SCI, Zim confirm Emirates partnership
  • Hapag mulls mega-ship orders
  • PAN reveals interest in Bass service
  • Protesters delay Subic shipyard
  • PSA in stunning Hutchison agreement
  • Whale killed as restrictions drafted
  • Indonesia to ban fertiliser exports
  • Chinese economic growth sparks fears

The Journal of Commerceweb site
APRIL 21, 2006
  • PSA buys Hutchison stake for $4.4B
    Hutchison Whampoa, the world's largest port operating company, will sell a 20% stake in its port operations to Singapore rival.
  • California board approves plan to cut port smog
  • Security technology show-and-tell for lawmakers
  • Seaway pushes for China trade
  • Prince Rupert port on railroad's 2006 budget
  • CG taps security officer
  • Horizon Lines declares dividend
  • Emirates details India-U.S. loop

Containerisation Internationalweb site
APRIL 21, 2006
  • PSA unveils HPH investment
    PSA International, the world's second-largest operator of container terminals, has purchased a significant stake in the world's largest operator of box-handling facilities, Hutchison Port Holdings.
  • Samudera issues profit warning
    With freight-rates on the wane, listed Samudera Shipping Line has issued a profit warning, covering Q1 2006 and the rest of 2006, citing additional capacity 'being experienced' by the industry.
  • Canadian Government sets obligations for Pacific ports on container trucking
  • Industry seeks interpretation of conclusions in China's THC investigation
  • Strategy change sees TPS Surabaya Q1 throughput drop
  • Intermodal activity drives Q1 profit, as CN plans upgrade to key hub
  • Rotterdam labour situation settling, except PONSF
  • ABP stay silent on rumour of renewed approach

TradeWindsweb site
APRIL 21, 2006
  • May flowers?
    Tanker stocks have been dampened lately, but one analyst says they could be ready for a traditional May blossoming as a rates recovery takes root.
  • Yuriy Sixtimes
    Navalmar captain was way over tippling limit when New Orleans pilot brought the party to an end, Coast Guard says.
  • Bunker blow for RCCL
    Profit falls as rising fuel bills threaten to be more than $100m above 2005 levels.
  • PSA in huge port deal
    Singapore goes for international port growth by taking a $4.4bn stake in Hutchison Whampoa terminal portfolio.
  • Seatrade buys reefers
    Dutch specialist snaps up four 540,000-cbf vessels from Greek owner for $70.5m.
  • Imperfect 10 for Hong Kong
    Evergreen and Arpeni ships feature on March detention list, with eight other vessels.
  • Jnhui offloads another
    Hong Kong owner books profit on sale of a second 1980s-built bulker in as many weeks.
  • Zim takes flight
    Ofer-controlled boxship line takes a quarter of Chinese airline start-up.
  • Rina racks up growth
    Italian class society builds fleet in 2005, boosting earnings in the process.
  • Cyprus for the white list?
    Optimism runs high in Cyprus that the next meeting of the Paris MOU will see it promoted to the regime's white list of flag states
  • Exmar tables share split
    Stock will be divided five-for-one as Belgian gas carrier's share price continues meteoric rise.
  • Soderberg to step down at 65
    AP Moller-Maersk boss will not continue past normal retirement age in three years time.
  • Western India delivers loss
    Goa-based shipyard slumps to another annual loss but recent newbuilding orders should see improved result next year.
  • Thumbs up for Arpeni
    Indonesian bulker and tanker owner receives B+ credit blessing from ratings agency Standard & Poor's.
  • Costa blames underage drinking
    Family of teenager who fell to her death from a Costa Cruises vessel look set to continue their struggle for answers.
  • Master rapped over anchor drop
    Captain of Sydney Ferries ship left bridge to assist in desperate attempt to avoid collision with quayside.
  • Samudera issues profit warning
    Intra-Asian liner player says high and volatile bunker price and excess capacity will hit 2006 results.
  • Canada holds five
    Inspectors find fault with four bulkers and a general cargoship during March, after a blank month in February.

American Shipperweb site
APRIL 21, 2006
  • Ocean contracting panel: Unused opportunities in OSRA, NSAs
  • Emirates Shipping Line selects Sterling as Sri Lankan agents
  • TTL to offer range of ocean containers
  • UPS's 1st quarter profits up 11%
  • Middle East airline joins Cargo 2000
  • Union Pacific posts record quarterly profits
  • Pallet maker IFCO raided for employing illegal workers
  • Trade credit insurer: China can be a stabilizing force for inflation
  • Averitt opens distribution centers near three ports
  • PSA to buy 20% of port operator Hutchison
  • PierPass fees to increase from Monday
  • Auction system set up for Panama Canal slots
  • Southern California ILWU official calls for air cleanup

The Scandinavian Shipping Gazetteweb site
APRIL 21, 2006
  • More ships to Maersk US-flagged fleet
    The A. P. M'ller-Mærsk Group has added more container vessels to its US-flagged fleet. Five vessels were acquired ...
  • Rem orders two MPSVs at Kleven
    Norwegian owner/operator Rem Offshore in Fosnavåg has ordered two type MT 6022 Multi Purpose Supply Vessels (MPSVs) at Kleven ...
  • Cabins from Piikkio to giant drilling rigs
    Leirvik Module Technology AS has decided to use cabins manufactured by Aker Yards Piikkio for the accommodation area in two

The Bunker Bulletinweb site
APRIL 21, 2006
  • Bears stay in hibernation as oil hits $75
    Crude goes even higher as US bunker prices hit new records, frustrate buyers, and confound suppliers.
  • Volendam opens Vancouver cruise season
    Bunker market will see 50% boost from busy ship call schedule as cruise lines feel effects of high fuel prices.
  • Trader departs from Triton
    A trader has left the company to pursue his own venture.
  • Floating storage short term solution to tight Asian tankage
    Vitol to place floating storage off Pasir Gudang as tight tank availability, increased trading levels and falling freight rates generate interest in floating units.
  • Bunker tanker sold for operations in East Africa
    A South African firm has sold its tanker to a Greek buyer who will operate the vessel as a bunker tanker off East Africa.
  • Brief respite for Rotterdam indications
  • Bunker costs set to eat into profit
    Asian liner operator has issued profit warning for 2006 on higher bunker prices and lower freight rates.
  • Japan: Weak market ahead of Golden Week
    Demand dull ahead of Golden Week holiday; bunker supplies not affected by Cosmo refinery's fire.

›››File
FROM THE HOME PAGE
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
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