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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:03 GMT+1
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BRIEFS
August 2, 2007
The Business Timesweb site
Shipping News
  • HK police forcibly remove protesters from pier
    Hong Kong police yesterday forcibly evicted scores of furious protesters fighting to save a British colonial-era pier, all but ending a months-long stand-off.
  • Four-fold rise likely in China LNG imports
    China, the world's second-biggest energy user, may increase liquefied natural gas (LNG) imports from Australia four-fold this year as power plants use gas to generate electricity to cut pollution, an official said.
  • Cruise giant Carnival wins rights to qe2.com site
    Carnival, the world's largest cruise operator, on Tuesday won exclusive rights to 'qe2.com' after the firm that registered the Internet site was found to have no link to its most famous ocean liner.

Sched Netweb site
  • Shanghai trade value growth slows in first half
  • Guangzhou Nansha container terminal's volume soars 70pc
  • Sinotrans mulls new focus on short-sea shipping and logistics
  • Expansion begins with signing of first Panama Canal excavation contract
  • Dubai Ports Group in talks to manage Djen Djen Port in Algiers
  • Bahamas makes bid to be major international transshipment hub
  • Qantas raises stake in Vietnam's Pacific Airlines to 18pc
  • India eyes potential of turning Nepal into air transit hub
  • One thousand pilots apply for 100 jobs at United Airlines

Exim Indiaweb site
  • Mercator Lines posts 162 pc rise in Q1 profit
  • CNC launches 2 new services between China & India
  • Seatrade seeks industry's best
  • Edible oil prices flare up abroad
  • Jewellery exports post 22 pc growth in Q1
  • Exim Bank to raise Rs 12,000 cr. abroad
  • Pak serves legal notice over India's use of 'Super' in basmati exports to EU
  • Hi-tech team to explore investment opportunities in Israel
  • Import duty on wheat flour may be waived
  • UAE bans poultry from India
  • US importers see chaos if compulsory box scanning bill goes through
  • CONCOR-WR jumps on to records track
  • Secure line for Dhaka service sought
  • AI plans to acquire more wide-bodied planes
  • More tourists cruising in
  • New guidelines to hasten hassle-free PPP infrastructure projects notified
  • Mission with purpose to boost farm yield
  • R. S. Saxena takes over as DC of KASEZ

Maritime Global Netweb site
AUGUST 1, 2007
  • New maritime crime hotline
  • IMEC focuses on training to counter officer shortage
  • Lack of capacity holds back Wilh. Wilhelmsen

Marine Logweb site
AUGUST 1, 2007
  • Stern tube leak sidelines 80-year old WSF ferry
  • Donjon delivers an aircraft carrier
  • Stolt-Nielsen under SEC investigation
  • GE power for LCS 4

World Wide Shipperweb site
AUGUST 1, 2007
  • Grand Alliance carriers extend agreement 10 years
  • Freight forwarder pleads guilty in Department of Defense case
  • Port of Bellingham sponsoring second Sand in the City festival
  • Crowley Maritime charters pair of new harbor tugs
  • Marcon acts as broker in sale of two vessels

Lloyd's Listweb site
AUGUST 1, 2007
  • GO Carriers plans debt and equity infusion
    BULK operator aims to partially bankroll acquisition of up to four secondhand bulkers with an infusion of fresh equity.
  • Larger fleet nets profit for Go Carriers
  • Grand Alliance signs for another 10 years
    MAJOR liner shipping consortia has been extended for another decade.
  • Oil prices surge to new records
    OIL prices shot up to $78.77 a barrel as rising demand pushed down US oil inventories.
  • Space Race
    OTHER ports along the Pacific seaboard are gearing up to challenge LA and Long Beach.
  • Protective placement
    AN amendment to Annex I of Marpol with regards to fuel tanks in ships comes into force today.

Fairplayweb site
AUGUST 1, 2007
  • Grand Alliance members renew pledge
    Hapag-Lloyd, NYK, OOCL and MISC have pledged to continue their operational co-operation in the Grand Alliance
  • Stranded Russians due to fly home
    EIGHT Russian seafarers were due to return to St Petersburg today after spending nearly 10 weeks stranded without pay on the detained cargo vessel Lillian in Ireland
  • USCG praises shipping success!
    COMMERCIAL shipping received kudos this week as the US Coast Guard pointed to improved safety and security statistics in its annual port state control report
  • New initiative for waterborne freight
    A NEW report into British Waterways has enlivened responses from UK MPs and others about the opportunities on offer for waterborne freight
  • No Bayonne bridge raising this decade
    THE BAYONNE Bridge, on the entrance of New Jersey's container terminals, is unlikely to be raised by the time the Panama Canal expansion is complete
  • Grounded vessel pulled clear
    The Maltese-flagged general cargo ship Baltiyskiy 201 ran aground as it approached the Scottish port of Perth yesterday; it was later refloated
  • Strong first-half growth for GulfNav
  • Migrant Watch: US/Caribbean
  • Takeover panel to assess ICG impass
  • Wilh Wilhelmsen repeats warning
  • Genmar stock slips on weaker profit
  • 'Rigged' CG hearings defended
  • MHI liable in lung disease case
  • Another jolt for Stolt
  • NZ super-port talks finally ended
  • HMM secures Vietnam venture

The Journal of Commerceweb site
AUGUST 1, 2007
  • Hong Kong will test U.S. box scanning
    Modern Terminals will scan U.S.-bound containers as part of Hong Kong's limited participation in the Secure Freight Initiative anti-terror program.
  • Judge puts ILA depositions on hold
  • Bush threatens water bill veto
  • Grand Alliance lines agree to 10-year extension
  • Maersk Line delays Australia peak surcharge
  • British Airways fined for cargo price-fixing
  • Customs Update: FDA and food imports
  • NAFTA trade climbs
  • Holmes to head UPS Freight
  • Adesta gets Long Beach port security contract
  • India, Pakistan officials agree to boost trade

Containerisation Internationalweb site
AUGUST 1, 2007
  • No 10-year-itch for Grand Alliance partners
  • Japanese carriers report sound first quarter
  • ICG stand-off prompts cry for help
  • President's signature of '100% scanning bill' expected any day
  • Port of Montreal box cargo surges

TradeWindsweb site
AUGUST 1, 2007
  • Rates raise D'Amico
    Italian product tanker specialist sees second-quarter net income balloon as rates leap 20%.
  • Box chaos predicted
    New US rules requiring all in-bound containers to be scanned could cause major headache for overseas terminals.
  • USCG lauds shipping
    Report card for 2006: fewer detentions, flag-state performance up but class down.
  • Cost-cutting pays at Essar
    Profit rises as voyage expenses fall at Indian tanker owner in first quarter.
  • Wrist takeover cleared
    Nordic fund Altor free to buy Danish bunker and ship supply group after EU green light.
  • Limbe on track
    New Cameroon shipyard more than 60% complete after huge breakwater finished.
  • Atlantska's pockets bulging
    Croatian bulker owner builds first half earnings on higher revenues and ship sale.
  • Narrow squeak for car carrier
    Wallem-managed Tigris Leader towed to safety one mile from rocky shore after losing power off South Africa.
  • Wartsila adds power
    Finnish engine giant snaps up Scottish company Electrical Power Engineering with US foothold.
  • Tanjung takes AHTS
    Malaysian owner Tanjung Offshore Berhad pays $13m for resale unit nearing completion.
  • Illahee springs a leak
    Washington state's 80-year-old ferry out of action with cracked stern tube.
  • Horizon juggles notes
    US liner player's new $300m issue of debt to fund buy-back of shares and existing notes due 2012 and 2013.
  • Wilhelmsen needs more ships
    First half profit for Norwegian car carrier group could have been better if it had bigger capacity, thereby avoiding high charter costs.
  • Four score for CSAV
    Chilean liner company gets nod from board to order 12,000-teu quartet for $640m.
  • TMM cuts losses
    Mexican tanker owner heading in right direction in first half, but finance expenses still dragging it down.
  • Realty bites at MPC
    German fund manager sees second-quarter profit fall as attractive real estate options dry up.

American Shipperweb site
AUGUST 1, 2007
  • Grand Alliance partners agree on another 10 years marriage
  • Wilh. Wilhelmsen's 2nd-quarter profit up 28%
  • Horizon Lines to offer $300 million of convertible senior notes
  • COSCO names first 10,000-TEU ship
  • ESPMC-WITASS increasing Puerto Cabello congestion charge
  • Horizon matches Matson fuel surcharge increase to Hawaii, Guam
  • Matson adds mobile crane to enhance Maui service
  • New shipping group targets environment
  • U.K. fines British Airways '121.5 million for price-fixing
  • UAL promotes Philip
  • Plane Handling promotions
  • Metalforming groups asks ITC to dump duties on steel from 11 countries
  • EGL shareholders agree to Apollo/CEVA takeover
  • Soybean shippers applaud U.S., Canada approvals of new Roundup seed
  • China's electronic products trade up nearly 22% since January
  • Smith appointed acting APHIS administrator
  • Chinese manufacturer picks Saddle Creek for U.S. logistics
  • OH Logistics gives Heller new role
  • DHS appoints two
  • SEKO makes Sarna CFO
  • Secure Freight Initiative expands to Hong Kong
  • Virginia ports' rail volume up 4.6 percent this year
  • Grain terminal strike costing Mumbai port
  • Cardamone promoted to Long Beach port construction chief

The Scandinavian Shipping Gazetteweb site
AUGUST 1, 2007
  • "Norden" logs a gigantic profit on sale of bulkcarrier
    D/S "Norden" have advised a gigantic profit on the sale of one panamax bulkcarrier. In a statement to the ...
  • APM Terminals adds another African terminal
    APM Terminals in the A.P. Møller-Mærsk Group has signed on with the government of Angola for operation of the ...

The Bunker Bulletinweb site
AUGUST 1, 2007
  • SECA compliance could be 'minimal', industry says
    Despite expectations of early compliance, port state control supported for North Sea fuel restrictions.
  • Crude hits new record after US stock draw
    Initial reaction to bullish DOE figures sends crude to new high.
  • New trader at South African company
    Appointment will 'help us become one of the strongest regional players' says bunker trading company's head.
  • Bunker prices cloud outlook for Wilh. Wilhelmsen
    Company reports strong demand and profitability, but expects bunker prices to dent 2007 result.
  • Singapore prices rebound
    Residual bunker product climbing again as fuel oil breaks $400 pmt.
  • IFO finally available in Bulgaria
    Years of effort allows supplier to offer IFO in Bulgarian ports.
  • O.W. Bunker sale given offical clearance
    European Commission allows takeover by private equity firm.
  • New trader at O.W. Bunker
    A new trader has joined the World Wide Trading department in Denmark.
  • Rotterdam market remains stable
  • Titan's Chinese yard launches first bunker tanker
    The double-hulled vessel looks set for deployment in Singapore.
  • Mumbai 380 cst duty-free product in sight
    Key grade bunker material should be available on a regular basis by early September.

›››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%)
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
COMPANIES
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
COMPANIES
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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