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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
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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
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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