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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
October 5, 2007
The Business Timesweb site
Shipping News
  • Indonesia rejects foreign troops' help to safeguard Malacca Strait
    Indonesia has renewed its rejection of any help from foreign troops to help safeguard one of the world's busiest waterways, the Malacca Strait. 'We have established cooperation on joint patrol (of the Strait) with Malaysia and Singapore,' Indonesian Military commander Air Chief Marshall Djoko Suyanto was quoted yesterday by the Jakarta Post as saying. 'We don't want any third party's involvement in the routine.'
  • Hamburg port operator's H1 earnings jump 53%
    Hamburg port operator HHLA, which aims for a stock exchange listing in November, yesterday reported a 53 per cent rise in first-half earnings before interest and tax to 138.8 million euros (S$290 million). HHLA's turnover increased by 15.7 per cent year-on-year to 561.3 million euros. The number of containers handled grew by 13.9 per cent to 3.5 million, the company said in a statement.
Admiralty Casebook
  • Admiralty case can go before jury: US court
    A US appeals court last week ruled that an admiralty case could be tried before a jury, thus rejecting an argument that the right to a jury trial under the Seventh

The Business Timesweb site
Shipping News
  • Indonesia rejects foreign troops' help to safeguard Malacca Strait
    Indonesia has renewed its rejection of any help from foreign troops to help safeguard one of the world's busiest waterways, the Malacca Strait. 'We have established cooperation on joint patrol (of the Strait) with Malaysia and Singapore,' Indonesian Military commander Air Chief Marshall Djoko Suyanto was quoted yesterday by the Jakarta Post as saying. 'We don't want any third party's involvement in the routine.'
  • Hamburg port operator's H1 earnings jump 53%
    Hamburg port operator HHLA, which aims for a stock exchange listing in November, yesterday reported a 53 per cent rise in first-half earnings before interest and tax to 138.8 million euros (S$290 million). HHLA's turnover increased by 15.7 per cent year-on-year to 561.3 million euros. The number of containers handled grew by 13.9 per cent to 3.5 million, the company said in a statement.
Admiralty Casebook
  • Admiralty case can go before jury: US court
    A US appeals court last week ruled that an admiralty case could be tried before a jury, thus rejecting an argument that the right to a jury trial under the Seventh

Sched Netweb site
  • APM Terminals open giant Guangzhou Oceangate facility
  • Hanjin to launch joint Black Sea service
  • US mortgage crisis gives NYK president jitters over global economy
  • California's clean truck plan would ban 95pc from port: study
  • Sagawa acquires Singaporean courier firm Trex
  • Portek lands engineering orders worth US$17 million
  • Cathay begins big fleet expansion with first 777-300ER
  • Continental achieves high load factor record in September
  • SAS sells Spain's Newco Airport Services ground handling firm to Teinver

Exim Indiaweb site
  • Hajara now heads INSA
  • GE Shipping takes delivery of MR product tanker
  • Divya Shipping handles RSWM Ltd's 1st LNJ denim export shipment
  • Cotton exporters hope to benefit from global shortage
  • North Carolina lays out red carpet for investors in shipping, IT & textiles
  • Attari border thrown open for India-Pakistan commerce
  • MoS to invite RFPs for consultants to develop 5 new deep-sea ports soon
  • Big guns drawn to Vizhinjam container terminal project
  • GMB making Gujarat a shipbuilding hub
  • ...inks MoU with MIPL for cargo jetty in Bhavnagar
  • Unbridgeable chasms yawn ahead for rail freight corridor
  • Indian Economy update
  • Commerce Ministry plans refund of all levies to exporters
  • Jitendra Sanghvi promoted to IMC's Dy Secy-General

International Transport Journalweb site
OCTOBER 4, 2007
  • Yang Ming appoints new president
  • Horizon Lines ships get environmental awards for 2007
  • A plethora of new services to/from Central America
  • Salvesen board backs Dentressangle's GBP 254 million takeover bid

Maritime Global Netweb site
OCTOBER 4, 2007
  • Strike Club reports summer stoppages
  • Imarex/NOS values reach US$3.8bn
  • Bike ride raises $200,000 plus
  • Chemoil plans terminal at Cristobal
  • TNWA's new service

Marine Logweb site
OCTOBER 4, 2007
  • U.S. Shipping gets charter for another NASSCO newbuild
  • OSG orders two more from Aker Philly
  • TWIC enrollment set to start
  • BAE Systems to upgrade Navy floating dry dock

World Wide Shipperweb site
OCTOBER 4, 2007
  • Transport worker ID program to begin in Wilmington, Delaware
  • CBP reaches 2007 goal of 58 container security ports
  • New World Alliance members plan to add Med/Black Sea service
  • Crowley taps Demeroutis as labor relations director
  • Genco shipping selling GENCO TRADER for $44 million

Lloyd's Listweb site
OCTOBER 4, 2007
  • Leaked emissions document draws industry flak
    EXPERTS pour scorn on leaked paper that gives higher than estimated bunker demand and ship emission estimates.
  • Germany's owners back sulphur cuts
  • US rolls out marine worker biometric ID
    BIOMETRIC identification cards for US marine workers are to finally become reality, with the roll-out at 12 ports.
  • Norway launches plan ahead of tonnage tax vote
    GOVERNMENT unveils maritime strategy on eve of a national parliament vote on the controversial budget proposals.
  • Investing for the future
    LLOYD'S Register's chief executive Richard Sadler is hitting the acquisition trail with plans for growth.
  • The heart of the matter
    AN environmental debate is raging and regulations are coming out of our ears, but still we have pollution.

Fairplayweb site
OCTOBER 4, 2007
  • Crews in drug danger in Venezuela
    Vessels in Lake Maracaibo, Venezuela have been detained and their officers prosecuted for drugs attached to hulls clearly without their knowledge
  • Ferry safety upgrades 50 years late
    WASHINGTON State Ferry System has four vessels in service that one public policy research group believes are "a disaster waiting to happen"
  • Tasmanian bedevilled mill gets OK
    A CONTROVERSIAL pulp mill today received the go-ahead from Australia's government, although a further two dozen strict environmental conditions have been imposed on the project
  • South to help N Korea build ships
    Technological transfers are off limits despite South Korea's shipbuilding deal with the North
  • EU waterways lack X-factor
    INLAND waterways are suffering under a bad image and lack of public awareness, and need more investment and support, says the European Commission
  • BP: shipping must pay for emissions
    THE director of environment for BP Marine has called for incentives to encourage the industry to make investments in emissions-reducing technology
  • Help for Japanese to build in Korea
  • Emissions battle hots up after leak
  • California LNG faces activists
  • Seafarers protest over new course
  • California petitions EPA for CO2 regs
  • Big importer spells out port demands
  • New twist in Queen of the North saga

The Journal of Commerceweb site
OCTOBER 4, 2007
  • Norfolk Southern seeing more int'l. shipments through East Coast ports
    Intermodal traffic now accounts for 22% of the eastern railroad's revenue, and is its fastest-growing freight category.
  • Middling grades for port security
  • Trans-Pacific carriers hike inland fuel fees
  • More increases seen for intermodal rail rates
  • New boxes for Horizon Lines
  • DP World plans IPO: Report
  • Suez containers up
  • Nehru to bar empty boxes
  • Lines plan Med-Black Sea service
  • New terminal for Kaohsiung
  • CMA CGM unit launches intra-Asia services

Containerisation Internationalweb site
OCTOBER 4, 2007
  • Jade-Weser-Port project embroiled in political scandal
  • NWA, Hanjin and UASC combine for new Asia/Black Sea link
  • Kingston Wharves expands
  • HHLA all set for 'early November' IPO
  • NYK revenue and profit up despite sub-prime fallout

TradeWindsweb site
OCTOBER 4, 2007
  • Bottle saves seafarer
    A Japanese deckhand survives the night overboard after using a plastic bottle to stay afloat.
  • DryShips takes capesize
    US-listed bulker owner pays record price for a newbuilding from an undisclosed buyer.
  • Paraguay River crisis
    Landlocked country's commercial shipping is threatened by falling water levels in the river leading to the Atlantic.
  • Tidewater probe widened
    Offshore vessel owner Tidewater has expanded a bribery investigation into possible payouts banned by the US Foreign Corrupt Practices Act.
  • Arctic Princess still in waiting
    Hoegh LNG boss has played down speculation of cancer causing smoke at Arctic LNG plant as nothing out of the ordinary.
  • Euroseas grabs panamax
    US-listed bulker owner signs on to buy the Trust Jakarta for about $28.6m.
  • Wilson bags German pair
    Bulker owner brings in two more ships at price which reflects the need for repairs.
  • Excel hikes cash grab
    Us-listed bulker owner increases senior notes offer to $125m, which could be used for vessels purchases.
  • Kaspar spends on upgrade
    Azerbaijan's national owner allots $14m for work on 40 vessels this year.
  • Norden raises sights
    Sale of two products tankers boosts Danish owner Norden's profit forecast for 2007.
  • U-Ming takes flight
    Taiwanese bulker owner buys stake in domestic airline Far Eastern Air Transport.
  • Torm inks engine deal
    Danish owner will install new MAN B&W units on products carriers being built in China.
  • Stolt is spot on
    Ongoing legal battles and a decline in the parcel tanker spot market can't stop owner's profits rising.
  • SembCorp sells out of Maua
    Singaporean shipbuilder exits joint venture yard in Brazil to focus on new project there.
  • Reefers frozen out
    Conventional refrigerated tonnage to lose out on growth as containerships take bigger slice of sector.
  • US owners fight back
    American shipping lines have spoken out against unilateral emissions petition.
  • Tiddler makes a killing
    Singapore owner smashes book price as it waves goodbye to small ship.
  • IHI stages mini-recovery
    Shares in Japanese shipbuilder bounced back today, but market fears recovery will be short lived.
  • Imarex posts record
    Oslo-listed freight derivates broker boosted to new high in third quarter, partly by booming bulkers.
  • Laid to waste
    Crew from detained cruiseship appeal to local authorities for food and water.
  • Indonesia plots biggest bridge
    Huge project could link Sumatra and Java to relieve pressure on ferry ports.
  • KKR carries the day
    UN Ro-Ro shareholders approve sale of shipowner to US private equity player.
  • BSC goes public
    Bangladesh owner's revamp continues with plan to convert into public limited company.
  • Gang of five launch EBX
    New World Alliance trio plus Hanjin and UASC introduce new Asia-East Mediterranean service.
  • Genco offloads another
    Peter Georgiopoulos bulker outfit continues clear out of older ships with sale to Korea's SW Shipping.
  • OSG adds a pair
    US tanker owner has upped its tally of Jones Act product tankers at Aker Philadelphia to 12.

American Shipperweb site
OCTOBER 4, 2007
  • Evergreen shares surge to 10-year high
  • Carriers team up to join Asia/Black Sea rush
  • CMA CGM expanding new Asian subsidiary Cheng Lie
  • ZIM, MSC eyeing stake in Indian heavy industries company
  • CTSA amends bunker fees
  • Genco sells oldest ship in its fleet
  • TIACA: Evolved bilateral open skies system needed in developed markets
  • U.K., Singapore sign air services agreement
  • British Airways' cargo flat in September
  • Coyne Airways adds ninth Kazakhstan call
  • Proposed 3rd San Diego/Mexico border crossing gets federal fast track
  • N.J. bridge needs: $13.6 billion
  • GAO: CBP needs more focus on agricultural trade
  • ITC finds CBERA benefits decline with CAFTA-DR in place
  • Illinois allows direct shipment of wine
  • Davies Turner boss: U.K. logistics consolidation benefits medium players
  • Dozen ports gets go-ahead for TWIC
  • EPA targets ports for green truck loans
  • Busan Port passes 10 million TEUs for the year
  • Ports of Auckland hit by strikes

The Scandinavian Shipping Gazetteweb site
OCTOBER 4, 2007
  • Unimars order bulk series
    Latvian Unimars Group has signed an agreement with MNP Group's Volgograd Shipyard on a series of 4,570 DWT bulk carriers. The four 90 meters long and 14 metres wide vessels with a depth of 5.82 metres have been projected ...
  • NSA term marine strategy as meaningless
    Norway's new official maritime strategy is bad news for both the environment and maritime activities in coastal areas, according to managing director of the Norwegian Ship owners' Association (NSA) Marianne Lie. Se says that it is completely meaningless to present ...
  • NIS to be marketed properly
    The Norwegian government wants to stem the tonnage flight from the Norwegian International Ship Register (NIS) by making available NOK 3 million to pay for more marketing of the register. According to government sources other registers are marketing themselves internationally ...

The Bunker Bulletinweb site
OCTOBER 4, 2007
  • Singapore bunkers firm as fuel oil stocks fall
    Singapore 380 cst bunker prices near $400 amid tighter fuel oil inventories.
  • Fuel oil trade shrinks at IMAREX
    September fuel oil derivative trading volumes down 65% from a year ago.
  • Bunker consumption '50% greater than thought'
    Reports to IMO expert group suggest global bunker use and CO2 emissions are much higher than earlier estimates.
  • Rotterdam market quiet at midday
  • Bunkers tight in South African port
    Ships could be prevented from leaving Richards Bay Coal Terminal.
  • Lukoil cancels Vysotsk expansion
    Officials will not even consider expansion till proposed rail links are built.
  • Bids pour in to operate storage caverns
    Very Large Floating Structures project also moves ahead; phase 1 of feasibility studies complete.

›››File
FROM THE HOME PAGE
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
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
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
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%
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%
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
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
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.
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
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
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%)
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
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
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
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
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
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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