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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:39 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
PORTS
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
ENVIRONMENT
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
COMPANIES
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
PORTS
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INDUSTRY
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
PORTS
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
COMPETITION
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
ENVIRONMENT
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
LOGISTICS
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
SHIPPING
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
PORTS
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
SHIPPING
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
SHIPPING
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
PORTS
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
SHIPPING
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
PORTS
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
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
PORTS
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
EDUCATION
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
MEETINGS
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
MOURNING
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
SHIPPING
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
PORTS
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
LOGISTICS
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
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 of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
PORTS
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
SHIPYARDS
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
SHIPPING
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
PORTS
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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