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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:05 GMT+1
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BRIEFS
May 3, 2007
The Business Timesweb site
Shipping News
  • Decline in piracy incidents in Asia in Q1: report
    THE number of piracy incidents in Asia has fallen significantly compared with a year ago, according to the first quarterly report of the newly established ReCAAP anti-piracy Information Sharing Centre .
  • Royal Caribbean Q1 gain dives
    ROYAL Caribbean Cruises, the world's second-largest cruiseship operator, reported first-quarter profit that fell more than analysts estimated on lower demand in the Caribbean and the purchase of a Spanish company.
  • LA port tightens security, emissions policy
    THE port of Los Angeles in southern California is tightening its ship emission policy and boosting maritime security, the port's executive director said in an interview on Tuesday.
  • US needs more port capacity: Gutierrez
  • Newcastle cuts coal shipping quotas to ease congestion
  • Shenzhen port workers on strike

Sched Netweb site
  • Evergreen, Cosco offer peak season Straits-Red Sea service
  • Ports of Seattle and Dalian sign friendship accord
  • Philippines customs to introduce container scanners
  • Vietnam shipyard builds US$5m Danish containership for river service
  • Agility gains new president and CEO of GIL unit
  • TNT named Asia's best road haulier for third year
  • Growth in global freight forwarding industry declines in 2006
  • China Southern hosts SkyTeam meeting in full membership bid
  • MASkargo looks to increase MAS earnings in 2007
  • Volga-Dnepr revenue up 55pc to US$725m profit in 2006

Exim Indiaweb site
  • GDL posts steady increase in gross income & net profits
  • 4 global investors angling for 40 pc stake in Pipavav Shipyard
  • Sea freight costs for dry bulk commodities nudging all-time records again
  • SKS Logistics registers robust 38 pc Q4 increase in topline growth
  • Vini Container Lines awarded coveted ISO 9001:2000 certification
  • Seaways transports fert. cargo via coastal route from Paradip to Chennai
  • K Line unveils Asia-ECSA service
  • Maersk Line optimises North America inland services
  • OOCL wins CIFFA Forwarder's Choice Award
  • Kuehne + Nagel Q1 net profit soars by 28 pc
  • PSA, NYK & K Line to operate 1st JV car terminal in Singapore
  • OOIL orders five boxships from Samsung
  • TSA review shows shipping lines bracing for record peak season
  • APL charters five 7,000-TEU ships for transpacific trade
  • Hanjin signs deal with Danaos to charter 5 new containerships
  • GGL launches direct LCL service from Singapore to Busan
  • Eitzen Chemicals orders 2+2
  • CIMC named top corporate governance performer
  • WTSA to hike rates for Asia-bound wastepaper
  • King of fruit makes regal re-entry into US
  • Railways plan to cement pact for dedicated cargo platforms
  • Special boxes to transport cars on drawing board
  • Lok Sabha passes Railway Budget
  • IATA survey sees airlines continuing to fly into profits
  • Rlys to announce haulage charges for smaller double-stack containers
  • India joins trillion-$ club
  • 20 hubs may dot Delhi-Mumbai industrial corridor
  • RBI to ensure parallel financial, real sectors' growth-Y. V. Reddy
  • $ 48 m Exim Bank loan for Sudan
  • PSTS Group draws up Rs 50-cr. expansion plan
  • AMTOI celebrates its annual day in grand style

Maritime Global Netweb site
MAY 2, 2007
  • Whistleblower loses appeal
  • ICAP buys JE Hyde
  • Jones Act fleet "strong and vibrant"
  • Europe talks about maritime policy

Marine Logweb site
MAY 2, 2007
  • Arrests in marine hose price-fixing case
  • China Shipping enters newbuilding market
  • Chiquita Brands in fleet sale and leaseback deal
  • Seadrill orders another deepwater semi
  • Justice subpoenas OSG vessel documents
  • Heerema releases more details on $1 billion crane ship

World Wide Shipperweb site
MAY 2, 2007
  • Puyallup Tribe teams with SSA to build private container terminal
  • Bellingham port board Oks new lease for startup airline
  • Coast Guardsmen eating well at Yaquina Bay dining facility
  • Boeing marks 40 years at company's Everett site
  • US steel imports jump 12 percent during February

Lloyd's Listweb site
MAY 2, 2007
  • Rina makes fresh plea for immunity
    CLASSIFICATION society again attempts to extricate itself from the Erika trial.
  • Erika court rules against Rina bid for immunity
  • Middleton calls for more muscle
    FLAWS surrounding Napoli salvage operation forces UK Sosrep to ask for extra powers to cover cargo owners.
  • ICAP swoops for JE Hyde
    ICAP, which claims to be the world's biggest inter-dealer brokerage has bought shipbroker JE Hyde for an undisclosed sum.

Fairplayweb site
MAY 2, 2007
  • Great White Fleet is sold
    CINCINNATI 02 May ' Chiquita has signed a definitive agreement to sell its 12-vessel Great White Fleet to Eastwind Maritime and NYKLauritzenCool for $227M
  • London broker JE Hyde snapped up
    LONDON shipbroker JE Hyde has been acquired by ICAP, the voice and electronic interdealer broker
  • Migrant Watch: US/Caribbean
    US Coast Guards intercepted a total of 704 Haitian migrants attempting to enter the US illegally in the month of April, with almost half of them rescued and repatriated last week
  • Jamaica LNG scheme shifts offshore
    JAMAICA has announced new plans to develop a floating LNG terminal off Port Esquivel on its southern coast
  • GenMar still in buying mood
    GENERAL Maritime continues to eye possible strategic acquisitions, while reporting lower quarterly results attributed to a smaller fleet and decreased rates
  • Burgeoning orders boost Cosco Corp
    BURGEONING orders of high-value offshore marine engineering projects has boosted turnover and profits for Singapore listed Cosco Corp
  • OSG in magic pipe sequel
  • Commerce secretary favours free trade
  • Engineer pleads guilty to dumping
  • Keppel O&M profit soars
  • German yards hit by strike warning
  • BC Ferries' mis-Adventure
  • Ports recruited to Annev VI debate
  • Wilhelmsen, 'K' Line join stevedore group

The Journal of Commerceweb site
MAY 2, 2007
  • Carriers raise Panama Canal charges
    Lines of the Westbound Transpacific Stabilization Agreement to increase charges as of June 1.
  • Mining CEO: Dredging crisis hurts Greats Lakes shipping
  • Chiquita sells fleet
  • CMA CGM to start Asia-North Africa service
  • Commerce Secretary urges funding for navigation mapping
  • NWA Cargo sets fee for non-Web bookings
  • Mango shipment heralds U.S.-India trade agreement
  • i2 software sales down
  • Rotterdam rail link to open in June
  • Cochin port hiking charges
  • ANA leases freighters

Containerisation Internationalweb site
MAY 2, 2007
  • DPW IPO on the cards again
  • CKYH EMX link to launch in May

TradeWindsweb site
MAY 2, 2007
  • Holding steady
    Two US analysts unruffled by Genmar's first-quarter earnings miss, but say no big acquisition appears imminent.
  • Jacobsen takes Green seat
    Norwegian owner Green Reefers appoints CFO Trym Jacobsen as successor to managing director Erik Thulin.
  • Samsung invests in India
    Korean shipbuilder setting up design facility in Delhi to employ 150 engineers by 2010.
  • Campbell in at Clarksons
    Koch man will take over in June from Jeremy Poyntz as head of UK broker's dry cargo division.
  • Rigs lift SembCorp
    Singapore shipyard sees first-quarter profit and revenues go through the roof on strong rig-building activity.
  • MPC shipshape
    German finance house sees marked upturn in shipping projects contribute to doubling of first-quarter profit.
  • WW, K Line snap up Aussie assets
    Norwegian and Japanese owners team with Kaplan Funds to buy into DP World's port operations.
  • Mipo wins chemical quintet
    Unnamed European owner signs for five chemical carriers at Hyundai Mipo in deal worth $245m.
  • Maersk revamps
    Two more direct calls added to Oceania to Americas service.
  • Hyde swallowed by Icap
    Financial broker buys up London-based shipbroker and FFA joint-venture partner.
  • Workers walk out at Chiwan
    Sit-in and strike over overtime causes delay at busy Chinese container terminal.
  • Piracy falls by a third
    Anti-piracy watchdog says there were only 41 incidents reported in the first quarter of 2007.
  • Seadrill makes it three
    John Fredriksen-controlled owner orders another ultra-deepwater rig at Jurong in Singapore.
  • TTA ditches supply ship
    Thai owner's subsidiary Darium to be liquidated after selling last vessel.
  • Chiquita sells fleet
    Eastwind Maritime and NYKLauritzenCool in sale and lease back deal for banana giant's twelve ship fleet.
  • Norden offloads tonnage
    Danish owner in double handymax sale and charter back deal as it exits aframax ownership.
  • Norton jumps to Jefferies
    Veteran shipping investment banker Hamish Norton bolts Bear Stearns to replace John Sinders at rival Jefferies.

American Shipperweb site
MAY 2, 2007
  • Maersk adjusting Oceania/Americas service
  • Chiquita selling reefer ships to Eastwind, NYKLauritzenCool
  • ABS's Somerville: Class societies 'not an adversary but an ally'
  • SCI commissions four ships to meet India container trade demands
  • U.S. government to resume sales from James River "ghost fleet"
  • MarAd signs agreement with Hapag-Lloyd
  • ESPMC-WITASS increasing bunker surcharges
  • K-Sea reports improved results
  • Seaspan gains $13.4 million from overallotment
  • Continental's April cargo down 3.9%
  • U.S., EU sign historic aviation pact
  • Delta leaves bankruptcy
  • Canada, Ireland sign open skies agreement
  • DOT cross-border program faces delay, changes
  • Chamber calls for IPR protection momentum to continue
  • Indian mangoes officially arrive on U.S. shores
  • Logistics official: China/Kazakhstan trade to more than double by 2009
  • China puts heat on St. Lucia
  • Agility opens San Diego office
  • 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
  • Summit Global Logistics names Huang to lead Asia Pacific region
  • Broom joins Woodland
  • Arpin International Group promotes Francis
  • Vancouver to raise bar for drayage fleet
  • DP World mulling $2 billion partial float
  • Highway collapse could impact Oakland port traffic

The Scandinavian Shipping Gazetteweb site
MAY 2, 2007
  • IMO safety meeting in Copenhagen
    Denmark and Copenhagen will be the centre for the next meeting in IMO' Maritime Safety Committee (MSC). It will take ...
  • Mitropoulos and Dimas converge on environmental challenges
    IMO Secretary-general Mitropoulos and the European Commissioner for Environment, mr Dimas, agreed on a common approach to ensure global ...
  • Gard will not raise the Bourbon Dolphin
    Norwegian mutual marine insurer Gard has decided against raising the anchor handling tug supply (AHTS) vessel Bourbon Dolphin, which sank ...

The Bunker Bulletinweb site
MAY 2, 2007
  • Cruise line predicts higher bunker prices
    Royal Caribbean revising cost guidance higher as fuel prices rise.
  • 'Dispute' hits fuel oil market
    Russian oil firms re-routing fuel oil exports away from Estonia.
  • Promotion at Scandinavian Bunkering
    Trader steps up to managing role.
  • Reform 'unlikely' in South African market
    Players hoping to avoid a repeat of last year's shortages as refinery prepares for downtime.
  • Lower bunker costs boost Samudera
    Asian owner predicts continued pressure on container freight rates and volatile bunker prices.
  • No firm plans for bunker removal
    Greek authorities have yet to approve strategy for removal of oil from sunken cruise ship.
  • Bunker spill in Antarctic could take 'years' to clean up
    British delegation to Antartic Treaty talks says January spill was 'wake up' call.
  • Industry must exploit 'window of opportunity'
    BP Marine's Don Gregory says the chance to influence IMO regulation could soon be gone.
  • Falling crude gives some bunker relief
    Oil prices down as marine fuel numbers pause from bullish trend.
  • 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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