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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
21:58 GMT+1
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BRIEFS
November 27, 2006
The Business Timesweb site
Shipping News
  • Keppel O&M eyes more deals with Gulf Drilling
    DELIVERING its first jack-up drilling rig of a two-rig contract to Qatar's national drilling company Gulf Drilling International on Friday, Keppel Offshore & Marine is eyeing repeat business with its newest customer as its yards worldwide remain busy with 29 jack-ups in various stages of construction.
  • Persian Gulf tanker rates seen falling
    THE cost of shipping crude oil from the Middle East to Asia on two-million-barrel oil tankers may fall to a seven-month low as mild US weather and reduced Opec production curb tanker demand.

Sched Netweb site
  • Danaos takes delivery of world's largest containership
  • Yangshan Phase 2 to be up and running in December
  • Port of Luzhou Jan-Oct box volume soars 105pc
  • Ships pile up at Chittagong in dispute over crane operation
  • Yangzhou to build mega logistics park
  • BAX Global wins Cisco Systems supplier award
  • Air France-KLM cargo rises in overall loss in H1
  • First Xiamen-Seoul all-cargo air service launched
  • Jade Cargo to start services to Osaka, Barcelona and Brescia

Exim Indiaweb site
  • WPG reaffirms commitment to core objectives
  • Hu charts five-step roadmap for economic ties
  • India, China sign MoU on commodity trade
  • ...to review farm trade prospects
  • Asean wants India to reduce negative list to 173
  • Longest container vessel berths at VCT
  • VPT sets new single-day cargo handling records
  • MbPT sets new single-day record in wheat handling
  • PPP appraisal panel gives go-ahead for TPT's second box terminal
  • MoS favours PPP route, but Port Trusts must finance dredging
  • Cold storage solutions for perishables now make sound biz sense for logistics players
  • Parekh Group's Seabird CFS at Mundra now fully functional
  • Railways hard-pressed to meet rising demand for rakes, Box-N wagons
  • Aviation Ministry may clear Nagpur cargo hub in December
  • India Inc invests $ 2.16 bn in US
  • WTCs at surat, Ahmedabad proposed

International Transport Journalweb site
  • M&M Militzer & Münch names new director
  • Evergreen Group's type S fleet now seven strong
  • Hungary gets four offers for Malev airline
  • SNCF and La Poste plan TGV network for mail and freight
  • Grundfos selects Kuehne + Nagel as preferred logistics provider

Marine Logweb site
NOVEMBER 24, 2006
  • Canada's Joint Support Ship project moves ahead
  • Keppel FELS completes Qatar rig

Lloyd's Listweb site
  • OOIL cashes in with American ports sale
    ORIENT Overseas (International) Ltd has sold its North American port assets to a Canadian pension fund at a price that left analysts gasping.
  • New price benchmark bodes well for DP World asset sale plans
    DUBAI group DP World should receive well above the asking price for its US terminal assets now a new benchmark has been set for port valuations.
  • GL looks for white knight to scotch BV's takeover plans
    GERMANISCHER Lloyd, the embattled German classification society, is looking for alternative bidders beyond the takeover offer from Bureau Veritas and the interest voiced by US investor Cerberus and German technical services group Dekra.

Fairplayweb site
NOVEMBER 24, 2006
  • Karachi-Dubai cruise dream shatters
    THE Karachi-Dubai cruise service launched with a great fanfare on 7 November has hit snags, only shortly after the first five-day voyage
  • GL's review of BV offer 'next week'
    Germanischer Lloyd's executive board is set to finish its examination of the takeover bid by Bureau Veritas next week, GL said on Friday
  • New shape for banana group
    The banana group Jamaica Producers is pinning its future expansion in part on increasing its fruit and freight cargo movements
  • Scandlines ferry strategy pays off
  • Terminal buyers foresee strong growth
  • Rikstrafiken extends Gotland bidding
  • No Trafigura comment on report
  • Maersk regains US market share
  • 'K' Line transfers LNG management
  • Australia awaits Cole report findings
  • Germans raise bidding for Scandlines
  • Ship sinks off Davao
  • Pension fund takes OOIL terminals

Containerisation Internationalweb site
NOVEMBER 24, 2006
  • News Analysis: Terminal owners anticipate cash bonanza following world record OOIL terminal deal
    Terminal owners the world over are today "rubbing their hands in glee" according one ports analyst following what was a "knock-out" price paid for the North American terminals belonging to Orient Overseas (International) Ltd.
  • Updated: OOIL to gain US$2bn from North America terminal sale
    Orient Overseas International Limited is selling its four North America terminals to a Canadian pension fund for US$2.35bn, netting it a massive estimated profit of US$1.98bn.
  • Investors fear constraints on Moby Dik could stunt St Petersburg growth
  • CI's two year forecast paints a bleak picture for carriers
  • CONCOR announces off-peak rate reductions on rail cargo
  • News analysis: Russian infrastructure needs to face up to sobering challenge of quadrupling St Petersburg volumes
  • Improved productivity is aimed at filling JNP's revenue gap
  • Correction: COSCON's Yantai-WCNA loop calling at Oakland, not Auckland

TradeWindsweb site
NOVEMBER 24, 2006
  • ITF goes bananas over Ecuador saga
    Federation lashes out at South American presidential hopeful for apparent interference in postponement of meeting.
  • Tsuneishi in merger move
    Japanese shipbuilding group to form holding company for ten subsidiaries as key survival strategy.
  • Canary Islands eyes Morocco line
    Spanish outpost planning ferry link between Fuerteventura and African mainland.
  • Pakistan to retain KSEW
    Privatisation of Karachi shipbuilder scrapped, according to boss Iftikhar Rao.
  • Murder on high seas
    Indian chief officer brutally killed and Russian stabbed to death add to mounting toll.
  • Hellenic ready for more
    Greek ferry operator adds ship from Japan while earmarking EUR 200m for fleet renewal.
  • In Open Waters
    Lloyd Fonds set to launch industry's first ever open-ended mutual fund as firm picks up Clipper ships.
  • Chasing youth
    Lloyd Fond's onetime 'young gun' looks to appeal to the next generation with new mutual fund.
  • Garware plays long game
    Indian owner wants 14 new offshore ships by 2010 as oil and gas exploration booms.
  • St Petersburg yards not for sale
    UIC will press ahead with merger of Baltiisky Zavod and Severnaya Verf despite offers to buy them.
  • Sunken ship leaks off Philippines
    Minute amount of bunker fuel reported leaking from timber carrier which sank on Wednesday morning.
  • Chemoil returns
    Top bunker supplier slashes size of offering in second attempt at listing on Singapore exchange.
  • Vinalines splashes out
    Vietnamese shipowner to spend $100m on new berths at Cai Lan port.
  • Ng family laps up Jinhui stock
    Holding company seemingly reverses strategy and picks up new shares in shipping subsidiary.
  • Negligence caused toxic slops tragedy
    Ivory Coast government report blames own agencies and private companies for dumping deadly waste from Probo Koala.
  • OOIL sells terminals
    Canadian pension fund takes North American terminals off Hong Kong owner's hands for $2.35bn.
  • Opec output up a fraction
    Oil exporting cartel adding equivalent of suezmax cargo a week in month to 9 December.
  • CH Offshore offloads oldie
    Undisclosed buyer pays Singapore shipowner just over $6m for 1982-built tug supply vessel.
  • B+H seeks funds
    US owner appoints advisers for private placement of a new unsecured bond loan of up to $60m.
  • Bakri inks offshore ships
    Saudi Arabian owner orders seven ships worth $70m in Malaysia with promise of more to come.

American Shipperweb site
NOVEMBER 24, 2006
  • MISC says liner market softening due to overcapacity
  • Horizon matching Matson rate hike
  • Zim ready to start North Europe/West Africa loop
  • B+H Ocean Carriers plans private bond placement
  • North Sea SECA takes effect
  • Airlines win DoD heavy package delivery contract
  • Spohr named Lufthansa Cargo's CEO and chairman
  • Saia expands in Midwest
  • Mazur named VP, strategic planning at Norfolk Southern
  • Chertoff loses chief of staff
  • U.S., Colombia enter trade promotion agreement
  • Steel importers detail tariff impact in 2002-03
  • Eimskip parent Avion changes name
  • Canadian teachers buy OOIL's North America terminals for $2.35 billion
  • Bechtel chooses Antwerp for North Europe multi-project cargo hub
  • European ports lobby ESPO re-elects Gallanti as chairman
  • ICTSI signs Tartous, Syria container terminal concession

The Scandinavian Shipping Gazetteweb site
NOVEMBER 24, 2006
  • Dual classification of Russian Arctic tankers
    Lloyd's Register and Russian Maritime Register of Shipping are jointly going to class two 70,000 DWT ice strengthened double-acting ...
  • Maersk Container opens its third factory
    Maersk Container Industri (MCI) has opened its second container factory in China. MCI has purchased an older factory in the ...

The Bunker Bulletinweb site
NOVEMBER 24, 2006
  • Ports detail $180 million cold ironing plans
    Los Angeles and Long Beach planning extensive infrastructure work to reduce hotelling emissions.
  • Philippines shrugs off minor bunker spill
    Bunker leak from ship that sunk this week not worrying officials, Solar I siphoning rescheduled to February.
  • Platts ruffles Rotterdam fuel oil market
    Pricing agency defends new policy, pointing to late loading in fuel oil deals.
  • ENOC Bunkering relocates sales and management team
    Sales and management team moves to Dubai head office.
  • Chemoil re-launches Singapore IPO
    Marine fuel supplier sets lower share price in new prospectus.
  • IMO ready to tighten up MARPOL Annex VI definitions
    Sulphur limits are being made more precise while BDN requirements will help operators calculate fuel changeover times.
  • Still some barge congestion in Rotterdam
  • ENOC passes up on acquiring four bunker tankers
    Dubai Drydocks looking for new buyers for the four 6,100 dwt bunker tankers.
  • Hong Kong hopes for higher demand dashed
    Hong Kong sees little demand overflowing from vessels unable to secure bunkers from a tight Korean market.

›››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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