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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
23:00 GMT+1
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BRIEFS
May 2, 2007
The Business Timesweb site
Shipping News
  • Caribbean oil tanker rates advance on fewer vessels
    RATES to transport crude oil in the Caribbean basin rose on fewer available ships following two days of no change last week.
  • Arpeni allots US$350m for fleet expansion
    PT Arpeni Pratama Ocean Line, Indonesia's largest coal transporter, plans to spend as much as US$350 million to buy ships, as construction of power plants boosts demand for the fuel in South-east Asia's largest economy.
  • Ship supply seen hitting container shipping rates
    THE container shipping sector is expected to face strong challenges in the next two to three years as ship supply overwhelms demand, the head of the world's second-largest container shipping company said on Monday.
  • Security project opened in Karachi port for exports to US

Sched Netweb site
  • ESC fear draft convention on maritime cargo liability
  • Qinzhou trade up 87pc in Q1 driven by imports
  • Port of Rizhao to build 5 berths
  • Oakland welcomes the Ital Lirica on maiden voyage
  • PSAI and ST win box terminal awards
  • Toll shareholders to vote on restructuring plan
  • Baltrans moves winning Aston Martin GT racer
  • Cathay Pacific suspends Colombo after rebel air strike
  • Fund manager sees US$9.09b bid for Qantas as too low
  • Qingdao-Hong Kong air cargo service commences
  • Lufthansa Cargo honoured by logistics trade journals

International Transport Journalweb site
  • New president of global logistics for Agility
  • Evergreen Line and Coscon introduce SRS service
  • Emirates ends year in profit
  • Russia budgets trillions for rail development up to 2030
  • Norbert Dentressangle on track
  • Australian railfreight network returned to public

Maritime Global Netweb site
MAY 1, 2007
  • Pirates active in Singapore Strait
  • American club sheds 500,000 gt
  • FESCO clears the air
  • NoE warns on loading procedures

Marine Logweb site
MAY 1, 2007
  • No plans to raise Bourbon Dolphin

Lloyd's Listweb site
MAY 1, 2007
  • Petrobras to spend $1.6bn on 'ethanol link'
    ENERGY giant to create logistics network that will make it a world leader in ethanol exports.
  • Brazil to boost fleet for 'ethanol corridor'
  • Heavy-lift giant eyes Oslo listing
    NEWLY-merged Sealift and Dockwise entity seeks full listing in the third quarter of this year.
  • Energy underwriters brace for price war
    US firms hunt for good bargains on the back of a benign and major claim-free 12 months.

Fairplayweb site
MAY 1, 2007
  • Caribbean cruising plateaus
    MIAMI 01 May ' Royal Caribbean Cruises Ltd (RCCL) claims Caribbean demand could recover later this year, but the company will sail less than half of its capacity in that region for the first time ever in 2008
  • RCCL profits plunge
    ROYAL Caribbean Cruises has reported lower Caribbean pricing and a huge profit fall tied to both the Pullmantur acquisition and a "disappointing revenue environment"
  • SCI to enhance container exposure
    SHIPPING Corp of India is moving to buy four container ships to cater to the growing India-Europe and India-US box trade
  • Bharati hopes to build 100,000dwt
    INDIA'S Bharati Shipyard has begun construction of its new facility at Mangalore on the west coast; the plan now is to build vessels of up to 100,000dwt
  • DP World IPO prospects grow
    MEDIA speculation about a DP World initial public offering has been sparked by the appointment of two consultants to examine the terminal operator's finance options
  • Indians target dry bulk expansion
    INDIAN trio GE Shipping, Mercator and Shipping Corp of India are investing heavily in dry bulk tonnage as demand is expected to remain strong into the medium term
  • India seeks wheat import tenders
  • P&OMS wins French Antarctic contract
  • Box shipping 'can absorb tonnage'
  • Owners may be tapped for port growth
  • LNG hysteria 'simply wrong'

The Journal of Commerceweb site
MAY 1, 2007
  • SSA Marine, native tribe to partner on development of Tacoma box terminal
    Stevedore and Puyallup Tribe to build to build a 180-acre container terminal on land owned by SSA and the tribe at the Port of Tacoma.
  • Oakland port traffic normal after bridge collapse
  • West Coast port truck protest fizzles
  • DP World mulls IPO: Report
  • Panama Canal to close locks for repairs
  • UP, Norfolk Southern plan intermodal transcon service
  • Seaspan cashes in on stock over-allotment
  • Savi licenses e-seal tech
  • Japan, Asean expected to reach free trade deal
  • Exel, Total settle theft lawsuit
  • Cargill charters Diana bulker

Containerisation Internationalweb site
MAY 1, 2007
  • TSA is optimistic
  • One name: Evergreen Line
  • VPA to take action on truckers

TradeWindsweb site
MAY 1, 2007
  • Billion-dollar deal?
    Peter Georgiopoulos says his General Maritime is primed to pounce.
  • Dry-bulk stocks stoop
    DryShips, Quintana, Diana and Eagle are all down today despite still booming dry-bulk charter markets.
  • More insider play at Quintana
    Stamatis Molaris-led Quintana Maritime is partnering once more with a board member to buy four capesize newbuildings.
  • OSG in new magic pipe row
    Morten Arntzen-led OSG has oily water problems again just months after a $37m settlement with US authorities.
  • Gas sell-off stalls Montanari
    Navigazione Montanari has reported a massive 63% fall in profits.
  • RCCL pulled down
    Spanish acquisition Pullmantur asks questions of Royal Caribbean's first-quarter result which slumps.
  • Thaw in Baltic spat
    The war of words between Fesco and Containerships may have come to a close with the latter's latest release.
  • BC pulls replacement ferry
    Canadian owner orders refit for ship that has just replaced Queen of the North, which sank last year.
  • Pipelay ship for ASL
    Larsen & Toubro/Sapura joint venture orders offshore ship in Singapore for $138m.
  • Srab suffering
    Swedish tanker owner hit by cost of 7,000-dwt Turkish newbuilding in first quarter.
  • Arpeni takes a pounding
    Indonesian tanker and bulk owner sees first-quarter profit drop as revenues slide.
  • Ukrrichflot lines up loans
    EBRD could provide up to $75m this year to finance Ukrainian owner's newbuilding projects.
  • Posco swaps with Hyundai
    Korean steel giant strengthens defence against takeover by exchanging stakes with compatriot shipbuilder.
  • New revolver for ACL
    Nasdaq-listed barge and yard owner American Commercial Lines secures new $400m facility.
  • Wilson Sons lists in IPO
    Brazilian shipyard and offshore vessel group floats in Sao Paulo and Luxembourg with market cap of $835m.
  • Temas kicked
    Indonesian boxship player Pelayaran Tempuran Emas beaten up in first quarter after fine 2006.
  • Taiwan to invest in Chinese lines?
    Chinese minister offers to let Taiwanese companies buy into containership owners and ports.
  • Volumes up, rates down
    NOL continues to see the amount of containers carried increase, but rates are still heading downwards.
  • Tianjin tumbles
    Chinese boxship owner Tianjin Marine slumps to tiny quarterly profit as revenues fade.
  • Matson profits inch up
    Input from new China service helps lifts year-on-year figures at US-to-Hawaii liner operator.
  • Pain goes on for CSAV
    Chilean container line follows up loss-making 2006 with more red ink in first quarter.
  • SK takes Genco Knight
    Peter Georgiopoulos' US listed bulker outfit fixes panamax to South Korean owner at hefty rate rise.

American Shipperweb site
MAY 1, 2007
  • ESPMC-WITASS increasing bunker surcharges
  • K-Sea reports improved results
  • Seaspan gains $13.4 million from overallotment
  • FESCO furious with Containerships
  • APL's average revenue per FEU down
  • Heavy-lift carriers Dockwise, Sealift merging
  • Matson's 1st quarter operating profit up 3%
  • Hapag-Lloyd names 8,750-TEU Tsingtao Express
  • Evergreen, COSCO to start Far East/Red Sea service
  • IRISL to start new Far East/Europe service
  • Rickmers-Linie names Aseco as agents for South East Europe
  • U.S., EU sign historic aviation pact
  • Delta leaves bankruptcy
  • Canada, Ireland sign open skies agreement
  • Cathay suspends flights to Colombo again
  • American to raise fuel surcharge
  • BNSF's 1st-quarter net income drops
  • YRC's 1st quarter profit slashed by 97%
  • CP Railway's net income rises 18% in 1st quarter
  • Business leaders sign private San Francisco Bay Area/China pact
  • Marks & Spencer's selects APL Logistics
  • Agistix rolls out all-in-one logistics software platform
  • Census to put pressure on exporters for accurate SEDs
  • U.S. GDP slows to crawl in 1st quarter
  • China opens the door for Taiwanese investment in shipping
  • USAID administrator resigns over call-girl flap
  • Cuba lifts ban on U.S. rice
  • Rossides named temporary No. 2 at TSA
  • Summit Global Logistics names Huang to lead Asia Pacific region
  • Broom joins Woodland
  • Arpin International Group promotes Francis
  • UTi acquiring Israeli firms, forming new merged entity
  • DP World mulling $2 billion partial float
  • Highway collapse could impact Oakland port traffic
  • Port of N.Y.-N.J. to participate in TWIC enrollment test
  • AMPORTS sold to AIG affiliate
  • Vinalines eyeing foreign partnerships to develop megaports
  • IBT awarded TWIC subcontract, drops complaint
  • Inchcape appoints Cosgriff to head defense services unit
  • Vancouver Port Authority elects Morgan-Silvester as chair

The Bunker Bulletinweb site
MAY 1, 2007
  • Evergreen sees fuel costs fall
    But falling container rates dragging down revenue and profit figures.
  • Ventrin office moves location
  • Six sulphur solutions
    Only one of the options on the table for IMO's MARPOL Annex VI review not accepting abatement technology.
  • Strike still threatening Antwerp market
    Talks resume on Wednesday in bid to head off refinery disruption.
  • Government reforms to cover whole bunker sector
    Nigeria's new licensing regime welcomed: 'It's what we have been clamouring for.'
  • Quiet start for Rotterdam barge 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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