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23 November 2024 - Year XXVIII
Independent journal on economy and transport policy
09:03 GMT+1
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BRIEFS
November 5, 2007
The Business Timesweb site
Shipping News
  • Sinotrans plans US$1.47b HK IPO
    China's third-largest dry-bulk shipper, Sinotrans Shipping Ltd, plans to raise up to US$1.47 billion from its Hong Kong share flotation thanks to a global shipping boom, sources familiar with the deal said yesterday.
  • Proposals to stem Penang Port losses
    Penang Port Sdn Bhd (PPSB) has drawn up three proposals to help arrest its annual RM13 million (S$5.6 million) loss in operating the ferry service between the island and the mainland.

Sched Netweb site
  • TSA lines to raise rates US$400 per FEU on east-west Pacific
  • Rate increase pushes up Evergreen's quarterly profits 12,800pc
  • Swedish Club fetes 25th anniversary in HK, plans to grow in Asia
  • NOL's quarterly results show 50pc profit increase
  • New contracts help Geodis post 32pc higher revenue in third quarter
  • Panalpina achieves 33pc profit growth in first nine months
  • United Eagle launches Chengdu-Guangzhou daily service
  • SAS Cargo boosts capacity to Bangkok and Dubai from Scandinavia
  • Continental Airlines to speak at Goldman Sachs conference 2007
  • DHL launches disaster response team for Middle East and Africa
  • SF Express builds distribution facility in Shandong Airport

Exim Indiaweb site
  • RIL signs $ 935-m deal with Transocean to hire ultra-deepwater rig
  • Maersk Logistics launches new service to lower carbon emissions in global supply chains
  • Mumbai Port registers 12.05 pc rise in cargo throughput during April-Oct.
  • Nicolas Piramal arm despatches its 1st export FEU ex-MICT
  • Single day MAP unloading record set at Vizag Port
  • GTI handles all-time high 1,15,000 TEUs in Oct.
  • Efficient functioning brings back old customers to ABGKCTL
  • PRCL's plan to run triple-stack container trains cleared
  • Chinese logistics market valued at $ 267.5 bn
  • India tops in anti-dumping probes-WTO
  • I-T dept not to collect tax from cos exporting to US

International Transport Journalweb site
  • Emirates Skycargo bolsters UAE Operations with VP appointment
  • Strong quarters for MOL, "K" Line
  • Swiss WorldCargo adds a "new daily" to New Delhi
  • Lufthansa Cargo to resume flights over Russia until 15 November
  • Hub Group with record income
  • Egypt to host 3rd Trans Middle East 2007 conference

Maritime Global Netweb site
NOVEMBER 2, 2007
  • P&I claims surge "due to human error"
  • Aegean buys Portland Bunkers
  • Foss tugs switch to ULSDF
  • US Senate moves on UNCLOS ratification

Marine Logweb site
NOVEMBER 4, 2007
  • Bush vetos WRDA
  • Somali pirates free two ships
  • Nichols Brothers closes doors

World Wide Shipperweb site
NOVEMBER 2, 2007
  • TSA member carriers plan revenue/cost recovery program
  • US rail freight totals continue downward slide
  • Airport Futures meetings scheduled to discuss PDX
  • Foss fleet moving to low sulfur diesel fuel
  • Retirements, new hirings at Port of Longview

Lloyd's Listweb site
NOVEMBER 2, 2007
  • Louis blames chart for Sea Diamond sinking
    OPERATOR of the ill-fated cruiseship blames erroneous official charts for its sinking.
  • Louis cuts losses despite Sea Diamond sinking
  • Tanker operators face uncertain future
    OVERCAPACITY and shorter voyages could send rates for crude oil tonnage tumbling over the next three years.
  • HHLA share offering generates strong interest
    HAMBURG terminal operator makes strong debut on the Frankfurt and Hamburg stock exchanges.
  • Saipem constructs a solid platform
    ACQUISITIONS have been crucial to the group's recent progress.
  • Sitting at the top table
    THE ratification of UNCLOS by the US Senate looks set to go ahead.

Fairplayweb site
NOVEMBER 2, 2007
  • Wilhelmsen: good results won't last
    WILH Wilhelmsen, the listed Norwegian vehicle carrier and maritime services group, quadrupled net profit in 3Q07 but has warned of problems ahead
  • Cuba cruise revenues up in smoke
  • Union blocks French port reform
  • Valencia blocks Greenpeace ship
  • New service for Oz nickel trade
  • Fred Olsen pitches into tax law row
  • Strong real to boost Brazil cruises
  • Carnival wants golden oldies' gold
  • Thoresen takes 49% Equinox stake
  • SCI plucky despite profit plummet
  • Box lines propose steep rate hikes

The Journal of Commerceweb site
NOVEMBER 2, 2007
  • Transpacific Stabilization Agreement plans rate hikes, floating bunker charges
    Fourteen box carriers serving the Asia-U.S. trade announce five-point plan to increase revenue amid rising costs.
  • Bush vetoes water bill
  • Larger cold warehouses to comply with security rules
  • Box trade can absorb capacity influx: Evergreen chief
  • New CEO takes helm at A.P. Moller-Maersk
  • Bayonne to re-open bidding for port site
  • CMA CGM to sell boxships
  • Intermarine adjusts surcharges
  • MOL names SE Europe agent
  • Asia-Australia lines raise bunker fuel charges
  • HHLA shares debut

Containerisation Internationalweb site
NOVEMBER 2, 2007
  • A Superjumbo jet or a super post-panamax container vessel, a common congestion problem?
    The world's largest passenger plane, the Airbus A380 took off from Changi Airport, Singapore on Thursday of last week, October 25, on route to Sydney, Australia making its much lauded maiden commercial flight.
  • Japan's liners on a roll
  • K Line joining ASA
  • COSCO expects a 30% increase in profit for the year
  • Australian stevedores' returns still too high: ACCC
  • Nobara plans targeted by environmental groups

TradeWindsweb site
NOVEMBER 2, 2007
  • Shipyard to close
    Bollinger's Katrina-ravaged yard takes another hit as link to the Gulf closes.
  • Bush draws veto pen
    US President George Bush vetoes a massive water resources bill that includes inland waterway projects sought by the shipping industry.
  • Shipbreaker vanishes
    After a legal battle, North American Ship Recycling has abandoned at least one Marad ship, as well as its Baltimore yard.
  • Norwegians join K Line
    Norwegian shipmanagers team up with Japanese owner in its venture into offshore supply vessels.
  • Ukrrichflot's big issue
    Ukrainian owner selling 71m new shares after being bought by two domestic investors.
  • NCSP leads Russian revival
    Black Sea port banks $1bn from London sales today as Russia fights back.
  • Drunk Jork master jailed
    Polish master of Germany vessel which crashed into North Sea platform gets one year sentence in UK.
  • CalMac orders in Poland
    Remontowa wins deal for Scottish ferry owner's new 550-passenger ro-ro.
  • Russian giants look north
    Arctic shipping set to be top target for the Novoship and Sovcomflot alliance, Russian analyst says.
  • Chart blamed for Sea Diamond sinking
    Louis Hellenic Cruises says chart used by captain of ill-fated cruiseship had erroneous information which led to sinking.
  • Sky's the limit for OOIL
    Hong Kong-listed owner splashes out $308m in its latest spending spree.
  • Precious pushes on
    Big-spending Thai owner sees profits climb and expenses fall.
  • VOS profits up 20%
    UK offshore owner made a fifth more money in 2006 ahead of its May capture by Vroon.
  • Fears for Golden Sky
    Samios bulker held at Ventspils in legal row could break up in storms, local representative says.
  • PNSC banks a packet
    State-owned line sees first quarter profits climb 86% on back of higher freight rates.
  • South goes North on yard mission
    South Korean team visits northern neighbours for feasibility study of new block plant and shiprepair centre.
  • DP World cries foul
    Dubai terminals operator says India's Mundra port has not made "adequate disclosures" in IPO prospectus.
  • Five for GulfMark
    US owner orders anchor-handlers and supply ships at home and abroad as third quarter falls from 2006 peak.
  • Aegean buys UK facility
    US-listed Greek bunker company continues acquisition spree with purchase of Portland Bunkers.
  • Hamburger Hafen nets $1.69bn
    German port operator will use Frankfurt listing to finance development plans.
  • KHI cracks it
    Japanese group boosted by better shipbuilding returns in first half.
  • Thoresen takes PT Equinox stake
    Thai shipowner expanding into Indonesia with acquisition of 49% stake in Tim Cottew outfit.
  • Tomsk aground in Caribbean
    Sovcomflot LPG carrier stuck on reef off Dominican Republic after breaking loose in tropical storm.

American Shipperweb site
NOVEMBER 2, 2007
  • TSA raising rates, surcharges, alters contract timing to recover fuel costs
  • Evergreen chairman downplays overbuilding threat
  • New company will purchase, charter ships to CMA-CGM
  • OSG U.S.-flag spin-off prices common units
  • Tropical Shipping's 3rd quarter operating profit down 17%
  • "K" Line investing in offshore support vessels
  • MOL hires agents for booming Southeast Europe market
  • ABX Air to acquire Cargo Holdings International
  • Lufthansa Cargo banned from flying over Russia
  • BA World Cargo raising fuel surcharge
  • N.Y.-N.J. Port Authority takes control of Stewart International
  • UP speeds up
  • Ex-FDA officials: U.S. drug import oversight "grossly inadequate"
  • IEEPA strengthens BIS enforcement for export violations
  • Commerce's Validated End User program takes off
  • Panalpina's profit up 33% for year
  • EU officials ridicule 100% scan-all law
  • Judge dismisses racketeering suit against ILA
  • Malaysian port expected to handle 15 million TEUs this year
  • Slow-moving Noel inflicting more damage
  • Stevedores strike briefly in St. Kitts
  • Israel's Netanyahu tours Panama Canal

The Scandinavian Shipping Gazetteweb site
NOVEMBER 2, 2007
  • Parliamentary hearing on Norwegian shipping tax
    Norwegian finance minister Kristin Halvorsen will attend a parliamentary hearing on the controversial shipping tax proposal now before Norway's parliament (Storting). Also attending the hearing will be two leading law professors, Frederik Zimmer and Eivind Smith and a high court ...
  • Aker Yard to built four PSVs for "K" Line
    Aker Yards Brevik is to build four 5,100 DWT platform supply vessels (PSVs) for Japanese owners "K" Line Offshore under a contract worth NOK 1.4 billion. In August the two parties signed a contract for construction of two AHTS ...
  • Oil prices force Scandlines to raise prices
    The high oil price has now forced Scandlines to raise the prices on the two international services from R'dby to Puttgarden and Gedser to Rostock. An ordinary ticket from R'dby will go up with DKK 20 and DKK 25 on ...

The Bunker Bulletinweb site
NOVEMBER 2, 2007
  • US bunkers firm further to end week
  • Foss goes ultra low
    Further emissions reductions as company switching to cleaner fuels.
  • 'No changes' in Lukoil/Burando partnership
    Companies highlight that Chemoil's acquisition of stake in Burando has no impact on control of terminal.
  • Future of Pakistani bunker player in doubt
    Business associate announces departure from recently established bunkering company.
  • Record oil price still below 'real' highs
    Adjusted for inflation, recent record oil prices are not historical high.
  • Rotterdam market remains firm
  • Raise output to prove reserve, EU tells OPEC
    EU Energy Commissioner says OPEC would be making the 'right decision' if it raises output.
  • Slowing demand worries Singapore suppliers
    Bunker sales have taken a blow as 380 cst prices surged past $500 pmt.

›››File
FROM THE HOME PAGE
PORTS
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
PORTS
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
Last month the Port of Long Beach established its own new historical record of monthly container traffic, while ...
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
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
ASSOCIATIONS
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
LOGISTICS
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
INDUSTRY
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
ASSOCIATIONS
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
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
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› 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
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