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03 December 2024 - Year XXVIII
Independent journal on economy and transport policy
18:09 GMT+1
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BRIEFS
November 30, 2006
The Business Timesweb site
Shipping News
  • Info-sharing hub to fight maritime piracy launched
    THE 14 Asian member-state initiative to fight maritime piracy in the region was marked yesterday with the launch of the Singapore-based Information Sharing Centre, with Singapore's transport minister warning against complacency.
  • Egypt to spend US$5b on Suez
    EGYPT plans to spend at least US$5 billion over five years to expand the Suez Canal, speeding up Middle East oil shipments to Europe and the US and increasing revenue from the world's longest man made waterway.
  • M'sia's MISC unit eyes US$1b funding - source
    A subsidiary of Malaysian shipper MISC Bhd, the world's largest carrier of liquefied natural gas, may raise up to US$1 billion to fund its expansion activities, according to a source familiar with the plan.
  • Maersk seeks to raise container shipping rates to the US

Sched Netweb site
  • CMA CGM to deploy fourth ship on TDM Panama service
  • Hapag-Lloyd to raise North America rates in Feb
  • Southeast China capacity expected to rise by 9.5m TEU in 2010
  • Africa edges out N America to become Ningbo's No 3 trading partner
  • New Gulf terminal to debut at SMEM Dubai 2006
  • Ships burning polluting fuels will pay higher port fees at Vancouver
  • Ships registered under Liberian flag rises to 2,300
  • Thai Airways' net profit surges nearly 33pc in FY2006
  • New cargo terminal opened at Frankfurt-Hahn Airport
  • Boeing struggles to keep up with orders

Exim Indiaweb site
  • CSAV NORASIA to launch IMEX service to provide direct access to MidEast & Europe
  • Mercator time charters VLCC from Malaysian co.
  • Shipping, highway PPP project approvals may soon need no Cabinet 'berth'
  • Support for cleaner, but costlier shipping fuel gains ground
  • Piped gas price peeves India, Pak
  • Developed nations raising NTBs to services exports-Kamal Nath
  • MICT wins integrated DNV certification
  • Exports maintain double-digit growth
  • Japan hails India's 'dramatic' growth

International Transport Journalweb site
NOVEMBER 29, 2006
  • Gefco names new general director in Brazil
  • Eimskip to bank on short sea shipping
  • Qatar Airways to add seven destinations in 2007
  • Eurotunnel signs contract with Nedexco
  • TransContainer and VR sign joint venture in Russia/Finland
  • Kuehne + Nagel takes over HSBC Export Services

Maritime Global Netweb site
NOVEMBER 29, 2006
  • GL boards rejects BV bid
  • ICS continues fight for conferences
  • ReCAAP kicks off without key states
  • Ship Finance's swap loss
  • US$1bn crane ship planned
  • BP expands in Salalah

Marine Logweb site
NOVEMBER 29, 2006
  • GL Boards reject BV takeover proposal

World Wide Shipperweb site
NOVEMBER 29, 2006
  • Olympia Port Commissioners tap McGregor to fill vacant post
  • State of Washington nets cash for emergency transport system repairs
  • Retirement ceremony set for Coast Guard Gunners Mate
  • Port of Vancouver, BC eyes lower fees for cleaner ships
  • OSG closes deal for Maritians Inc.

Lloyd's Listweb site
  • GL seeks alternative offers as it slams BV hostile bid
    GERMANISCHER Lloyd has firmly rejected the €500m ($657m) takeover approach by Bureau Veritas and is now seeking alternative buyers for stakes of shareholders who want to sell.
  • GL stays coy over DNV white knight approach
    GERMANISCHER Lloyd has so far not replied to offers from Norwegian classification society Det Norske Veritas to act as white knight in the face of the takeover offer from Bureau Veritas, according to sources familiar with the situation, writes David Osler.
  • P&I clubs' merger plans fall through
    A PLANNED marriage of two of Scandinavia's protection and indemnity clubs for shipowners and charterers has been called off.
  • Ernst & Young walkout adds to troubles at Top Tankers
    PROBLEMS continue to mount at Top Tankers, with auditors Ernst & Young resigning after a disagreement over the accounting treatment of the firm's 13-ship sale-and-leaseback transaction set up in March and April.

Fairplayweb site
NOVEMBER 29, 2006
  • DFDS Tor expansion pays off
    DANISH ferry company DFDS is reaping the benefits of the expansion of its DFDS Tor Line freight division, but DFDS Seaways cruise ferries again faced tough times
  • OSG finalises Maritrans takeover
    OVERSEAS Shipholding Group has completed its acquisition of tanker-and-barge operator Maritrans for $471M
  • P&O clean-up after cleaner's dismissal
    FERRY services between the UK port of Dover and French port of Calais have been suspended because of a strike by the Calais Chamber of Commerce
  • Top Tankers in accounting mess
    TOP Tankers' shares are in a tailspin today after the company confirmed that its auditor Ernst & Young had resigned and that it would restate 1Q06 and 2Q06 earnings
  • Fears rise over weakened dollar
    The US dollar is rebounding somewhat today in the wake of a sharp slide that raises questions about currency fallout for trade flows
  • BGV applies for Marco Polo funding
  • Norway awaits shipping lane approval
  • Aker Promar to build new Rio yard
  • Odessa pipeline assurance given
  • Fjord Line faces bankruptcy
  • Nein danke, says GL
  • PNSC quarter hit by bunker costs
  • DS Norden hit by bunkers, hedging
  • Irano Hind strategy pays off
  • Chemoil's reduced IPO succeeds

The Journal of Commerceweb site
NOVEMBER 29, 2006
  • TACA raises So. California rail fee
    Trans-Atlantic Conference Agreement plans higher charges for containers moving into and out of Southern California by rail.
  • Port of Houston cedes box pier to Galveston
  • Brief strike at LA port
  • CAFTA to spur U.S. exports: Study
  • Intermodal high on Canadian National spending plan
  • CSAV Norasia service links India, Mideast and Europe
  • DHL opens U.S. trade project
  • Panalpina appoints regional CEO for North America
  • Super Galex expands service
  • Martinair Cargo restructures Americas operations
  • Strike shuts Israel ports
  • Car makers eye India ports
  • Export ABCs: BIS Update

Containerisation Internationalweb site
NOVEMBER 29, 2006
  • Troubled CSAV abandons N. Atlantic following cessation of RTW service
    CSAV Norasia will retreat from the north transatlantic trade following the departure of the Round-The-World service in January next year.
  • Shipbroker predicts bleak medium-term outlook for liner industry
    Container charter rates will continue falling from now until 2009 as oversupply remained a real concern for the industry, said Paul Dowell of shipbrokers Howe Robinson.
  • CSAV Norasia re-arranges network to prepare for RTW's departure
  • Bosphorus Strait closed by accident
  • News analysis: Tank container industry makes a bid for new markets
  • New Opera: European railways need new concepts
  • Jerry Bridges is formally appointed to VPA
  • Asian shipyards seize feeder orders
  • New Zealand flooded with October imports
  • Rotterdam port alderman on sick leave

TradeWindsweb site
NOVEMBER 29, 2006
  • Hopeless
    Top Tankers suffers another psychogical blow as analyst for its IPO underwriter downgrades stock to 'sell.'
  • Danaos in leaseback deal
    John Coustas-led New York-listed boxship owner Danaos is picking up three Maersk panamaxes for $43m.
  • Auditors walk out at Top
    Evangelos Pistiolis' US-listed tanker owner will restate two quarters' earnings, as Ernst & Young says 'no more'.
  • Tanker stocks in bear hug
    Pessimism grows over market prospects as UBS, Dahlman cut Frontline, OSG.
  • Schoeller gets Cyprus green light
    Acquisition by two partners of up to 50.99% of local bank approved by Central Bank of Cyprus.
  • Hanjin wants Jacksonville terminal
    Korean box line teaming up with US port to grab land for new berths.
  • GL rejects BV offer
    French classification rival knocked back by strong rebuttal to takeover approach from German boards.
  • DFDS shines
    More blue skies ahead as acquisitions start to take effect at Danish ferry operator.
  • Bosporus back in business
    Turkish strait re-opened after accident involving Russian cargoship closed it for 12 hours.
  • Taca passes on rail costs
    Containership group to charge more for boxes moving through Long Beach and LA as railroad rates rise.
  • A+ for Nakilat
    LNG owner bags strong rating on $1bn bond issue after 'pivotal role' in Qatar acknowledged.
  • Fesco faring well
    Russian box line's remaining routes see growth in first nine months after sale of some trades to Hamburg Sud.
  • Varna parent IHB still struggling
    Owner of Bulgarian yard sees nine-month profits slip due to lower asset sales.
  • Chemoil oversubscribed
    Bunker supplier raises $98m after setting initial public offering at lower end of indicative price.
  • Hedges trim Norden
    Danish tanker and bulker owner gets scalped by losses on bunker hedges and FFAs while vessel sales dry up.
  • Hapag to raise rates
    German liner operator says competition and rising costs have prompted rate rise on North Atlantic.
  • CSAV makes Belden profit
    Chilean container line banks $22m gain from sale of stake in Singapore cement carrier owner.

American Shipperweb site
NOVEMBER 29, 2006
  • CMA CGM adds 7th ship to RTW Panama loop
  • Maersk Line cuts Miami from AC2 loop
  • CSAV Norasia to start India/Middle East/Europe loop
  • Germanischer Lloyd board rejects Bureau Veritas' hostile takeover bid
  • Beltest approached for 32.2% share in TORM
  • Maersk to end Europe/East Coast South America slot charter
  • Former HMM Chairman Hyun dies
  • Southern Scrap gets obsolete MarAd vessel
  • MacAndrews puts Copsey in charge of short-sea trades
  • USTR: Democratic-controlled Congress should not stop trade deals
  • ITC investigates competitive conditions of biotech products
  • Kinnaird steps down as head of NGTC
  • UPS's Cross joins COSTHA board
  • cargo-partner opens Odessa branch
  • DHL Forwarding expands in Charlotte
  • OOIL deal fuels already hot terminals market
  • Marine terminal sales hot topic at TOC Americas
  • Vancouver chief lays out aggressive environmental measures

The Scandinavian Shipping Gazetteweb site
NOVEMBER 29, 2006
  • Nearly 3,000 new seamen needed
    A little more than 160 offshore vessels are currently on order to Norwegian owners and close to 3,000 new seamen ...
  • J. Lauritzen sells the last owned reefer vessel
    J. Lauritzen of Copenhagen is reported to have sold their last reefer vessel under its own flag. It is the ...
  • Tankers to follow safer lanes
    Norway has obtained approval from IMO to establish new tanker lanes 30 nautical miles off Northern Norway to separate growing ...

The Bunker Bulletinweb site
NOVEMBER 29, 2006
  • Vancouver: Lower port fees for clean fuels
    British Columbia port announcing incentive programme for reducing ship pollution.
  • 'One-Stop-Shop' service offers savings in South Africa
    Cockett Marine Oil and Grindrod to waive agency fees for vessels making bunker calls.
  • Oil prices rise as US oil inventories drop
    Latest DOE data show oil inventory declines across the board, driving oil prices to highest levels in nearly two months.
  • Investors found Chemoil 'difficult to gauge'
    IPO oversubscribed as shares sold at bottom of the price range.
  • Container lines take measures to combat cost pressures
    Hapag-Lloyd joins Maersk in raising rates and rationalising services to compensate for rising bunkers costs and capacity increases.
  • Lube buyers play key role in supply chain management
    BP Marine emphasises the customers' role in volume management as industry seeks to tackle supply shortages.
  • Hedging contracts hit ship operator's profits
    Norden reports losses on its hedging contracts as bunker prices fall.
  • Rotterdam market remains stable
  • Chemoil offers bottom price range to institutional investors
    Chief executive officer Robert Chandran "not happy" with company's valuation.
  • Two Asian shipowners' associations resist switch to distillates
    Concern over the availability of 1% sulphur cap distillates fuel arises from INTERTANKO's proposal.

›››File
FROM THE HOME PAGE
PORTS
Signed the act for the rebalancing of the concession in chief of Venice Terminal Passengers
Venice
Spain : The aim is to "create a new normal", which is aimed strongly at an upper-middle customer segment, with the aim of creating a pole for luxury cruises in Venice, " he said.
PORTS
In October, freight traffic in the ports of Genoa and Savona-Ligure
Genoa
Recorded increases of 2.5% and 21.9%, respectively. It continues the downturn of cruises in both scallops
CRUISES
Fincantieri has delivered the new cruise ship Viking Vela to Viking
Trieste / Los Angeles
Can accommodate 998 passengers
The government of Montenegro wants to bring the port of Adria back under state control
PORTS
The government of Montenegro wants to bring the port of Adria back under state control
Podgorica
Will evaluate the possible acquisition of the majority stake in the Turkish Global Ports Holding
PORTS
China's seaports handled record cargo traffic for October
China's seaports handled record cargo traffic for October
Beijing
Containers amounted to over 24.4 million TEU (+6.2%)
Stable the traffic of goods in the port of La Spezia in the period of July-September
PORTS
Stable the traffic of goods in the port of La Spezia in the period of July-September
The Spezia
Marina di Carrara has been recorded a decrease of -15.6%
PORTS
At Spezia they don't want a president of the AdSP "parachuted"
The Spezia
They ask for a president "plug & play" able to deal with the problems right away
PORTS
Defined the location in the port of Gioia Tauro of the construction site for the bridge over the Strait of Messina
Joy Tauro
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
PORTS
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
Ankara
Expected the realization of a terminal container
SHIPPING
T&E calls for EU measures to limit ship speed and greater use of wind propulsion
Brussels
Summary complaint of the organization on the progress made by the shipping industry for decarbonisation
CUSTOMS
To extend the customs corridor to goods in export and on transhipment in the port of Spezia
The Spezia
He was speaking at a meeting between the AdSP and the Customs Agency.
SHIPPING
After Maersk, Hapag-Lloyd also initiates an agreement with Chinese Goldwind for supplies of green methanol
ENVIRONMENT
Messina (Assshipowners) : yes to the environmentalist push, but the timing and the ways are wrong
Rome
Local, often untimely, local norms have the only effect of moving traffics out of the Old Continent.
PORTS
Port of Ravenna, final visit of the EU representative to the project "Ravenna Port Hub : Infrastructural Works"
Ravenna
The European contribution has been more than 30 million euros.
TRANSPORTATION
In 2023, the performance of road and rail transport services fell in Switzerland.
Neuchâtel
Modal shares remained unchanged
INTERMODAL TRANSPORT
New intermodal service Melzo-Marcianise of Hannibal
Melzo
Two weekly rotations that from the first quarter will rise to three
PSA and Evergreen to jointly operate container terminal in Singapore
PORTS
PSA and Evergreen to jointly operate container terminal in Singapore
Singapore
The new company will become operational by the end of 2024
In the third quarter economic growth of trade in goods and services of G20
TRADE
In the third quarter economic growth of trade in goods and services of G20
Paris
Down the value of goods to and from China
PORTS
Omanita group Asyad will manage the port of al-Suwayq for 40 years
Muscat
The expansion of the stairway and the construction of a quay
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INTERMODAL TRANSPORT
Memorandum of Understanding for the creation of an intermodal terminal in Budapest
Astana
A delegation of the Kazakh KTZ Express to the port of Rijeka
SHIPPING
The BIMCO has adopted the FuelEU Maritime Clause
Copenhagen
The European regulation will enter into force next January.
SHIPPING
Kenon Holdings (Idan Ofer) announces the next exit from the capital of ZIM
Singapore
Currently owns 19.8 million shares
PROGRESS AND TECHNOLOGY
NIM and EH Group will develop hydrogen fuel cell technologies for shipping
PORTS
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
PORTS
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
SHIPPING
Rixi, without the ETS review, European maritime fleets will continue to suffer a competitive disadvantage
Rome
According to the deputy minister, it is necessary to intervene at the root of the problem
PORTS
PSA Italy continues in purchase of equipment for Marghera terminal
Genoa
Committed total value of 8.5 million euros for three rubber-tyred gantry crane electric
JOBS
Corsica Sardinia Ferries in search of navigating personnel
Go Ligure
The wanted profiles are different, for machine areas, room and kitchen
PROGRESS AND TECHNOLOGY
Agreement for the digital integration of the FS and AdSP Polo Logistics systems of the Western Liguria
Genoa
SHIPPING
New Oriental Mediterranean Service-Adriatic via Malta of CMA CGM
Marseille
Will have a weekly frequency
COMPETITION
Brussels to give state aid for 1.9 billion euros to German railway company DB Cargo
Brussels
ASSOCIATIONS
Renewed the Governing Council of Wista Italy
Milan
Constancy Musso confirmed president
SHIPPING
Maersk completes orders to three shipyards for 20 new container ships
Copenhagen
In Yangzijiang Shipbuilding committed for six 17,000 teu ships and two from 9,000 teu. At Hanwha Ocean and New Times Shipbuilding ordered six units from 15,000 teu each
ASSOCIATIONS
Biagio Mazzotta assumes the post of Vice-President of the Federation of the Sea
Rome
President of Assonave will be running for vice president of ENMC
PORTS
ESPO calls on the new EU Commission to maintain and strengthen the CEF programme
Brussels
The exhortation is also to better adapt it to the needs of ports and their stakeholders
EDUCATION
The agreement on training between the AdSP of the Tirreno Centre Northern, the ITS Academy, " G. Caboto " and the European Escola
Cyvitavecchia
SHIPPING
Consultation on the extension of the UK ETS to the maritime sector
London
Shipping would be included since 2026
COMPANIES
MSC completes acquisition of a minority stake in HHLA
Hamburg
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
ONE acquires a stake in Jakarta's NPCT1 terminal container
Singapore
It has a traffic capacity of 1.5 million teu per year
PORTS
Transped orders a mobile crane Konecranes Gottwald for its Porto Marghera terminal
Helsinki
It will be taken in delivery in the second quarter of next year
LOGISTICS
Dutch Raben Group and Swiss elvetica Sieber Transport make up a joint venture
Oss / Berneck
It will detect the Swiss company's groupage transport activity
LOGISTICS
Dachser & Fercam Italia has opened a new branch in Arezzo
Bolzano
Three thousand square meters of operational surface area and 400 of offices
SHIPYARDS
Fincantieri initiates agreement with SIMEST for the growth of watermark businesses
Milan / Trieste
MEETINGS
Conference for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
PORTS
Approved the Plan of the Organic Ports of Sardinia
Cagliari
There are 938 workers in the 36 enterprises operating in the scallots
OFFSHORE
Saipem has awarded an EPCI offshore contract from BP in Indonesia
Milan
SHIPPING
Container ship charterer MPCC's revenues fell by -28% in the third quarter
Oslo
RAILWAY TRANSPORT
Fermerci reports delays and cuts to incentives for rail freight transport
Rome
Paper: Real risk of losing 115 million euros
PORTS
In the third quarter, traffic in shipping containers of Moroccan Marsa Maroc increased by 5% percent.
Casablanca
Exhaustion of the growth of transshipment volumes
SHIPYARDS
At Samsung Heavy Industries orders for the construction of four 16,000-teu container carriers
Busan
Commits the value of about 781 million
ENVIRONMENT
Eni-MSC agreement in the field of sustainability and energy transition
San Donato Milanese
It was subscribed by Claudio Descalzi and Diego Aponte
PORTS
The Grimaldi terminal in the port of Barcelona has been equipped with Onshore Power Supply
Barcelona
It will become operational in January
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 for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
››› Meetings File
PRESS REVIEW
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
SHIPYARDS
South Korea's HJSC adjusts a salesperson for four new 7,900-teu container ships
Busan
ASSOCIATIONS
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
LOGISTICS
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
INDUSTRY
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
ASSOCIATIONS
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
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
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