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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:34 GMT+1
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BRIEFS
November 24, 2006
The Business Timesweb site
Shipping News
  • Jurong Port clinches Emirates Shipping
    AFTER losing one of its key customers to PSA Corporation earlier this year, Jurong Port has scored a minor coup over its much larger competitor by wooing newly formed, but rapidly growing Emirates Shipping Line to its container facility.
Strait Talk
  • IMO suddenly goes simplistic
    WHAT on earth is going on at the International Maritime Organization ? After years of complaining about ill-thought-out, knee-jerk reactions by lawmakers every time something goes wrong at sea, the maritime community is now giving the wider world a master class in the simplistic approach.
Admiralty Casebook
  • Larger vessel takes bigger blame in close-quarter hits
    THE excessive speed of a bulk carrier in a close-quarter situation was enough for an English court to rule earlier this month that it had to take more of the blame for a collision even though both vessels committed a string of navigational errors.

The Business Timesweb site
Shipping News
  • Jurong Port clinches Emirates Shipping
    AFTER losing one of its key customers to PSA Corporation earlier this year, Jurong Port has scored a minor coup over its much larger competitor by wooing newly formed, but rapidly growing Emirates Shipping Line to its container facility.
Strait Talk
  • IMO suddenly goes simplistic
    WHAT on earth is going on at the International Maritime Organization ? After years of complaining about ill-thought-out, knee-jerk reactions by lawmakers every time something goes wrong at sea, the maritime community is now giving the wider world a master class in the simplistic approach.
Admiralty Casebook
  • Larger vessel takes bigger blame in close-quarter hits
    THE excessive speed of a bulk carrier in a close-quarter situation was enough for an English court to rule earlier this month that it had to take more of the blame for a collision even though both vessels committed a string of navigational errors.

The Business Timesweb site
Shipping News
  • Jurong Port clinches Emirates Shipping
    AFTER losing one of its key customers to PSA Corporation earlier this year, Jurong Port has scored a minor coup over its much larger competitor by wooing newly formed, but rapidly growing Emirates Shipping Line to its container facility.
Strait Talk
  • IMO suddenly goes simplistic
    WHAT on earth is going on at the International Maritime Organization ? After years of complaining about ill-thought-out, knee-jerk reactions by lawmakers every time something goes wrong at sea, the maritime community is now giving the wider world a master class in the simplistic approach.
Admiralty Casebook
  • Larger vessel takes bigger blame in close-quarter hits
    THE excessive speed of a bulk carrier in a close-quarter situation was enough for an English court to rule earlier this month that it had to take more of the blame for a collision even though both vessels committed a string of navigational errors.

Sched Netweb site
  • Evergreen's 7th 7,024 TEU ship to arrive in March
  • Port of Seattle predicts record revenues in 2007
  • CN to lower fuel surcharge on New Year's Day
  • Trans Asia Line opens Malaysia office
  • Northport gearing up to meet new box lifting challenge
  • Galveston port deal ends labour trouble at box terminal
  • Hong Kong airport traffic shows growth in October
  • Lockheed Martin forms Savi Group to leverage combined expertise
  • Cargolux to expand capacity on Xiamen-Europe route

Exim Indiaweb site
  • Ignazio Messina reaffirms commitment to Indian trade
  • L&T homes in on Gujarat, Andhra Pradesh & TN for major shipyard project
  • Shreyas Shipping to buy box vessel
  • India Inc scaling the Great Wall
  • India among top investors in Russia
  • WTO body to probe US dumping duties on Indian shrimp
  • Leather exports striding to $ 7 bn by 2011-CLE
  • 19 pc rise in H1 tobacco exports
  • MPT announces promotional scheme for iron ore shipments at west of breakwater, mooring dolphins & for transhippers
  • Port sector open for $ 7.7 bn private investments over 6 years
  • Kerala CM determined to press PM on Vizhinjam project decision next week
  • Paradip Port handles fertiliser after decade
  • Gateway Distriparks acquires 50.1 pc stake in Snowman to enter cold chain logistics
  • CECA with China now, FTA later, says Kamal Nath
  • Move to plug excise duty payment loopholes
  • EU asks India to soften stand on agriculture at WTO talks
  • Rev. Dept begins scrutinising exporters' duty drawback claims
  • FDI influx may come under scanner
  • Refund levies on exportable goods, states to be told
  • PM to speak at global logistics meet

International Transport Journalweb site
  • Conftrasporto names new president
  • BV/GL alliance would "survive downturn"
  • Aer Lingus to upgrade long-haul services
  • Del Fungo Giera links Italy and France
  • Eimskip expands activities in Asia

Maritime Global Netweb site
NOVEMBER 23, 2006
  • GL works council opposes BV bid
  • Barbados sets new investigation guidelines
  • Gibson pulls out of Dubai JV
  • Near hurricane force winds forecast for UK

Marine Logweb site
NOVEMBER 23, 2006
  • B+H Ocean plans bond issue
  • Germanischer Lloyd Works Council slams BV offer

Lloyd's Listweb site
  • GL workers pledge to defend 'hostile bid'
    GERMANISCHER Lloyd's works council has promised to fight for the independence of the classification society, write B'lent Erdogan and David Osler.
  • Future of OOIL ports remains a mystery
    TRADING in Orient Overseas (International) Ltd shares remained suspended yesterday for the second consecutive day pending the promised announcement of an asset sale.
  • Fury over 'cheap' foreign repairs boils over in US
    DOMESTIC outrage over Jones Act shipowners getting "cheap" repairs at foreign yards, and still reaping the cabotage law's commercial reward, has boiled over in the US, writes Rajesh Joshi in New York.

Fairplayweb site
NOVEMBER 23, 2006
  • Swedish Sirius buys neighbour
    REDERI AB Sirius, the Swedish short-sea product tanker owner, has acquired Rederi AB Brevik, another company in the same business
  • China, India discuss ore exports
    CHINESE president Hu Jin-tao, currently on a visit to India, has called for enhancing the bilateral trade between the Asian giants to target $40Bn by 2010
  • China Merchants IPO raises $566M
    CHINA Merchants Energy Shipping has raised Rmb4.45Bn ($566M) in an initial share sale to buy ships to meet China's future energy needs
  • GL employees appeal to shareholders
  • Cosco Corp expects conversion surge
  • British FPSO hostage killed
  • OOIL sells terminals to Brookfield
  • Singapore poised for cruise boom

Containerisation Internationalweb site
NOVEMBER 23, 2006
  • Asian alliance set seal on Euromax deal ending two-year search for N. European hub
    The CKYH Alliance is poised to become the co-owner of the Euromax terminal along with ECT at Rotterdam's Maasvlakte, industry sources confirmed to ci-online.
  • OOIL deal denied by Brookfield Asset Management
  • Transport corridors: put up or shut up, say Russian transport players
  • PAN Australia's demise may have contributed to soaring intermodal volumes
  • St Petersburg's FCT starts vehicle booking trial
  • Beijing's ambassador asks Indians not to single out Chinese firms
  • Two more titans joining Taiwanese fleets
  • Customer consideration drives Maersk's Auckland choice
  • OOIL shares suspended for a second day

TradeWindsweb site
NOVEMBER 23, 2006
  • Dubai not so hot
    UK broker E A Gibson says its position in the Emirates through a joint venture didn't offer an inherent advantage.
  • Sirius scoops three
    Swedish tanker owner buys compatriot Rederi AB Brevik and its small fleet.
  • Dubai divorce for Gibson, AGB
    Emirates-based specialised cargo broking joint venture comes to an end "due to change in business strategy."
  • New UK pay threat
    Owners braced for fresh challenge to low-paid seafarers as government's Ladyman starts legal review.
  • Thailand opens up ports
    Post-coup government wants private sector to run vital terminals like Laem Chabang.
  • Hard climb for Halim Mazmin
    Malaysian owner confident of profitable 2006 with slightly improved third quarter net income.
  • Pan Ocean ups tanker orders
    Korean owner contracts for three more MRs at STX Shipbuilding.
  • Losinjplov loses the plot
    Croatian ro-ro owner watches nine-month profit plunge as costs rise.
  • Shreyas adds feedership
    Indian boxship line augments fleet with 1991-built acquisition.
  • Red flag at Lloyd Fonds
    Investors punish Torsten Teichert's KG house after firm warns fund delays will cut revenues.
  • MISC makes more
    Malaysian tanker giant sees third quarter profit shoot up on back to 10% revenue hike.
  • L&T raises the stakes
    Indian shipbuilder prepared to pump much more cash into constructing second yard.
  • Matson presses ahead
    US owner to send ship to China for upgrade despite legal action from US yards and rival Pasha.
  • OOIL sells terminals
    Hong Kong boxship group reported to have struck $1.8bn deal with Canadian investor for North American facilities.
  • Seadrill well oiled
    Huge dayrates for mobile units pushes profit at John Fredriksen's offshore company past the second-quarter high.
  • Q-Ship offloads duo
    Varun Shipping and Vietnam National Petroleum Corp snap up aframax and products tanker.
  • CMES rakes in $570m
    Chinese state-owned tanker owner floats 35% of company to raise money for double-hulls.
  • Zikos named DryShips CFO
    Nasdaq-listed bulker player appoints replacement for recently departed Christopher Thomas.
  • Precious sells five
    Thai bulker owner expects gain of $21m from sale of 1980s-built quintet to Pacific King of Singapore.

The Scandinavian Shipping Gazetteweb site
NOVEMBER 23, 2006
  • Irregularities around the sale of Scandlines
    The sale of Scandlines is beginning to look like a political scandal over the border between Denmark and Germany. The ...

The Bunker Bulletinweb site
NOVEMBER 23, 2006
  • Avails remain tight in Brazil
    Santos tightening but other locations presenting a mixed picture today.
  • MAN reveals dual fuel propulsion
    Engine maker demonstrating gas and liquid fuel options at industry event.
  • Panama deliveries resume
    Barging underway after weather closing down operations, but ships still delayed.
  • Maritec appoints UK sales agent
    Singapore-based fuel testing service seeks further growth with expansion of sales network.
  • IMO begins countdown to second SECA
    Owners have a year to prepare to use low-sulphur fuel or fit an exhaust gas cleaning system in the North Sea SECA, but what happens next?
  • Singapore: Stocks of residual fuels at 14-week high
    Middle distillate stocks also rise in the week ended November 22.
  • Kuwait offers third spot cargo to Singapore
    State-owned KPC offers its excess supplies of fuel oil to Asian hub.
  • Korean refiners unhappy with Platts' price assessment
    South Korean refiners cry foul over Tuesday's Platts benchmark price for 380 cst material.

›››File
FROM THE HOME PAGE
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.
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
SHIPPING
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
PORTS
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%)
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
COMPANIES
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
COMPANIES
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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