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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:27 GMT+1
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BRIEFS
May 30, 2006
The Business Timesweb site
Shipping News
  • Japan Coast Guard to set up anti-piracy team
    IN a bid to help protect Japanese vessels from piracy, the Japan Coast Guard is establishing a dedicated six-member anti-piracy team, one member of which will be stationed in Singapore.
  • Frontline's Q1 profit falls 20% on rising fuel costs
    FRONTLINE Ltd, the world's second largest oil tanker company, said profit in the first quarter slid 20 per cent, hurt by rising fuel costs.
  • Titantic memorabilia up for auction in New York
    BRONZE plaques and other items from Titantic lifeboats that ferried survivors from the ill-fated oceanliner will go up for auction this week in New York, Christie's auction house said on Friday.
  • Concern over sinking of old bulk carriers
  • Sinotrans plans 2b yuan river port revamp

Sched Netweb site
  • OOCL, TSK to operate Asia-Middle East service
  • China Merchant's throughput enhanced by Yangshan
  • Nansha dredging gets underway
  • Work starts on CNY1.2b logistics park in Yangzhou
  • FWL CE0 to make keynote presentation at Guangzhou conference
  • FedEx to purchase Watkins Motor Lines
  • Kuehne + Nagel opens logistics centre in Slovakia
  • Korean Air boosts cargo service to Seattle
  • FedEx to start business in Chongqing later this year
  • TIACA increases forum capacity by a further 10pc

Exim Indiaweb site
  • MISC places new largest vessel on Asia-Europe service
  • MISC Logistics signs JV with Rais Hassan
  • Giants to invest in expansion of Qingdao port
  • "K" Line starts new S E Asia feeder service
  • Evergreen takes delivery of new S-type containership
  • ...plans merger of two subsidiary companies
  • International Container buys Indonesian port operator
  • Cosco shipyards wow the world!
  • Singapore maritime industry makes a big splash
  • CMA CGM signs up for 10-year stretch at Hampton Roads Port
  • NYK to open liner agency in Russia
  • MOL planning 600-bn yen expansion
  • Poland offers tremendous business opportunities, says Consul Gen.
  • DGAD slaps provisional anti-dumping duty on Chinese silk fabrics
  • India & china trade may exceed $ 50 bn by 2010-Wenbang fang
  • 1.43 lakh tonnes of onion exported in March, April
  • Ravi Budhiraja to call it a day!
  • CoS for major changes on port link programmes
  • TT Club publishes best practice guide to minimising storm damage
  • Tag to man JNPT's new hi-tech, Bollard pull tug
  • Allied ICD Services launches West Bengal's first private ICD in Durgapur
  • TEA, St. John Logistics JV to set up warehouse at Antwerp
  • FFFAI gives floral welcome to Kamal Nath
  • New US security rules on air cargo mean higher costs for freight forwarders & shippers
  • Rlys to introduce road-railer system for SSIs soon
  • Forex Reserves up by $ 1,342 million to $ 1,63,755 million
  • 74 items to get export benefits under Focus Product scheme
  • Decision on SEZ land size soon

International Transport Journalweb site
  • Müller-Goldenstedt new CSF sales manager
  • DFDS increases revenues and profits
  • United Airlines boosting Hawaii frequencies
  • North Korea cancels cross-border rail service resumption
  • DHL extends CWV contract
  • Open skies across the Atlantic unlikely at present
  • Railinc exits RailSync to focus on core rail industry services
  • Eurocargo 2006 in Cologne, 30 May to 1 June

Maritime Global Netweb site
MAY 29, 2006
  • Stronger market boosts Frontline
  • Fred Olsen buys Norwegian Crown
  • Virus cruise ship detained
  • LRIT "gives no new powers to coastal states"
  • Good start to year for Seaway

Lloyd's Listweb site
  • Borg bids to take maritime transport responsibility from Barrot
    EU COMMISSIONER Joe Borg says the time has come to consider stripping the Brussels transport ministry of its responsibility for maritime industries and setting up a new ministry for maritime affairs.
  • Al Salam owner unafraid of Egypt indictment
    THE owner of the Al Salam Boccaccio 98 has pledged to fight charges of manslaughter lodged with an Egyptian court last week.
  • Virus in the frame for sickness on Van Gogh
    AROUND 500 passengers were unable to board a cruiseship in Harwich on Sunday after the Maritime and Coastguard Agency detained the vessel following a virus outbreak.
  • PST listing sparks interest in new style funds
    WITH the successful launch of Singapore's first listed shipping trust last week banks say interest is growing in this new form of ship finance.

Containerisation Internationalweb site
MAY 29, 2006
  • NOL revenues still on the skids
    Neptune Orient Lines' liner shipping arm suffered a 5% year-on-year fall in average revenue to US$2,631/FEU in Period 4, for the four weeks to May 5 this year.
  • Java reaps benefits of EU's import duties
  • Inchon tenders logistics site
  • STX and Heung-A launch joint Asian service
  • Constantza gears up for the future

TradeWindsweb site
MAY 29, 2006
  • Gard cuts cost of P&I
    Shipowners to pay $8m less as Norwegian club distributes a slice of its success.
  • Quintana retains lead
    Support for rivals in TradeWinds 'Deal of the Year' poll is growing but Paul Slater still believes Theodore Angelopoulos has pulled off a notable ship sale coup.
  • North West heads down
    Big losses are reported by Russian offshoot of shipping group that is planning an IPO.
  • Vyborg out of the red
    Gulf of Finland shipyard counts the benefit of Kazakh tanker ordering boom.
  • Minoan logs loss
    Sales down slightly as Athens-listed Minoan Lines records another first-quarter loss.
  • Attica reveals takeover plans
    Alexander Panagopulos aims to use ferry sales profit to fund North European passenger shipping acquisition.
  • One missing from Carnival ship
    Twelve-hour vain search for passenger who apparently jumped overboard after argument with his wife.
  • Four handy deals
    Pacific Basin signs for two handysize newbuildings and grabs two other units in $94m spree.
  • Sado slumps again
    Losses continue to pile up at Japanese ferry company Sado Steamship but full-year deficit forecasts are down.
  • Earnings slide at Jinhui
    Weakening freight rates hurt Jinhui Shipping of Hong Kong as chartered-in capesize tonnage spins a loss.
  • Virus halts Norway cruise
    Dutch cruise ship held in UK as passengers and crew fall victim to suspected Norovirus.

The Bunker Bulletinweb site
MAY 29, 2006
  • Maersk adopts low-sulphur fuel
    Shipowner switching to distillate fuel on all engines for California ports.
  • Hong Kong: Cargoes of 180 cst scheduled to arrive in June
    180 cst bunker fuel remains tight as cargo arrivals have been delayed.
  • Goldman Sachs projects oil prices to touch $105
    Oil prices at $100 per barrel is considered a conservative price in the event of a major supply disruption.
  • Singapore: MPA urges early action on compliance with Bunker Convention
    The Bunker Convention will ensure adequate compensation for persons who suffer damage caused by bunker oil pollution.

›››File
FROM THE HOME PAGE
SHIPPING
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
PORTS
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%)
PORTS
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.
SHIPPING
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
SHIPPING
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
PORTS
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
MARITIME SERVICES
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
SHIPPING
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
PORTS
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
PORTS
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
PORTS
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%
PORTS
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
PORTS
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
PORTS
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
SHIPPING
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
SHIPYARDS
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
PORTS
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
DEFENCE
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
ENVIRONMENT
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
SHIPPING
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
PORTS
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%
PORTS
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
SEAFARERS
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
PORTS
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)
TRANSPORTATION
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
INDUSTRY
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
SHIPPING
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%.
SHIPPING
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
MARITIME SERVICES
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
PORTS
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
SHIPPING
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
SHIPPING
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
PORTS
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
SHIPPING
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
PORTS
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
JOBS
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
PORTS
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
COMPANIES
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
PORTS
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
SEAFARERS
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
MOURNING
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
PORTS
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
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"
PORTS
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
PORTS
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
PORTS
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
INFRASTRUCTURE
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
PORTS
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
RAILWAY TRANSPORT
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
SHIPPING
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"
PORTS
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
PORTS
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
MEETINGS
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
MARITIME SERVICES
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
FREIGHT TERMINALS
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
PORTS
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
PORTS
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%
PORTS
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
PORTS
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
SHIPPING
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
SHIPPING
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
PORTS
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
PORTS
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
SHIPPING
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
PORTS
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
PROGRESS AND TECHNOLOGY
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
LOGISTICS
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
LOGISTICS
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
PORTS
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
LOGISTICS
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
COMPANIES
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
ASSOCIATIONS
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MARITIME SERVICES
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
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"
MEETINGS
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
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
PORTS
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
SHIPPING
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
MEETINGS
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
SHIPPING
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
PORTS
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
INDUSTRY
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
PORTS
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
ASSOCIATIONS
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
INTERMODAL TRANSPORT
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
PORTS
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
SHIPPING
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
ACCIDENTS
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
PORTS
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
CUSTOMS
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
INDUSTRY
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
LOGISTICS
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%
PORTS
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
PORTS
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
PORTS
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
FREIGHT TERMINALS
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
CUSTOMS
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
FINANCING
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
INTERMODAL TRANSPORT
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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