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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:30 GMT+1
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BRIEFS
August 6, 2007
The Business Timesweb site
Shipping News
  • Bush signs bill for tighter security
    President George W Bush signed into law recommendations of the independent Sept 11 commission, a major legislative promise by Democrats in the 2006 campaign.
  • North European firms switch to fuel cell engines
    A group of north European companies aims to show how fuel cells can clean up ship engines, which now use filthy fuels such as oil refinery residues and can spew out hundreds of times more pollutants than automobiles.

Sched Netweb site
  • OOIL massive profit leap mostly attributable to sale of terminals
  • New India Express container service calls at Shenzhen's SCT
  • HK's Kerry Logistics expands UK trucking fleet
  • Portek restructuring to cost US$2.04 million in 2007
  • EGL shareholders approve of CEVA merger
  • EAGA transport ministers sign air, sea transport agreements
  • Schwerin-Parchim Airport plans transit hub role for China freight
  • Taiwan's CAL breaks into China's air cargo market
  • Jamaica explores feasibility of air cargo hub

Exim Indiaweb site
  • Sea Consortium to launch NCC service directly linking N. China with Chennai
  • Maersk Lines's new reefer initiative to put India on world banana export map
  • India-Pakistan business boom seen as springboard to deepening trust
  • ACT achieves record discharge rate for non-coking coal at Kandla Port
  • TPT celebrates 33rd anniversary of declaration as Major Port
  • Punj Lloyd acquires 25 pc stake in Pipavav Shipyard Ltd
  • Railways estimates Rs 305.29 cr. additional earnings from freight incentive schemes
  • Gati's box vessels to call at VCT regularly
  • GMB bifurcation move put on hold
  • Ficci's survey makes out strong case for more export sops
  • RBI spells out new L/C negotiation norms for banks
  • Let Bangla FDI flow in, Nath urges Chidambaram
  • ICD-Durgapur's fortunes hinge on industrial boom
  • Brahm Dutt takes charge as Road Transport Secy in MoS

Marine Logweb site
AUGUST 4, 2007
  • Homemade sub breaches QM2 security zone

World Wide Shipperweb site
AUGUST 3, 2007
  • Vancouver Port Authority reports improper disposal of dredge material
  • Oregon governor signs bill to fund ConnectOregon II
  • Vessel up for auction at Port of Anacortes facility
  • Grant helps Port of Everett upgrade marina electrical service
  • US rail freight traffic sees another down week

Lloyd's Listweb site
AUGUST 3, 2007
  • NYK takes full control of NYKLauritzenCool
    NO strategic changes after Denmark's J Lauritzen sells its stake and pulls out of reefer sector.
  • NYKLauritzenCool gets timing right for sale
  • Brussels slams 100% box screening plans
    COMMISSIONER accuses US law makers of offloading its security concerns onto its trading partners.
  • OOIL rakes in hefty $2.22bn profit
    HONG KONG group posts 690.1% rise in net profit to almost $2.22bn in the first six months of this year.
  • Testing the waters
    A REPORT reveals the tense relationship between British Waterways and its responsible government department.
  • Answering the alarmists
    A PROSPECT of more US manned, and hopefully US-flag, ships ticks a lot of boxes in places where it matters.

Fairplayweb site
AUGUST 3, 2007
  • US port records, but no congestion
    Projected record volumes at US ports in August and September will not translate into congestion, according to industry reports
  • Pratibha needs tanker tonnage
    INDIAN operator Pratibha Shipping has bagged a major contract of affreightment from State Trading Corporation of Mauritius
  • 'Final' deadline for Irish Continental
    INDEPENDENT directors of Irish Continental Group, parent of Irish Ferries, have set a 'final' deadline of 1700 on 17 August for an end to the deadlock among bidders
  • Rotterdam leads post-ISPS initiative
    THE European Commission has asked Rotterdam Seapolice to advise EU ports on implementing a detailed port security plan that would follow up the ISPS initiative
  • Tsakos Energy posts strong 2Q
    TSAKOS Energy Navigation today reported its 55th consecutive profitable quarter with a 13.6% jump in net income for the second quarter over 2Q06
  • Strike pushes Santos close to chaos
    CONTINUING strike action by agricultural inspectors in Brazil is bringing Santos port to its knees, it is claimed today
  • Queensland OKs Abbot Point expansion
  • Tuticorin: temporary truce called
  • House rejects Water resources threat
  • USCG: 'guns, boots, martial law'
  • SembCorp thrives on rigs
  • Courage Marine rides bulk boom
  • Lauritzen pulls out of reefers

The Journal of Commerceweb site
AUGUST 3, 2007
  • Record peak season volumes not expected to jam U.S. ports: Port Tracker
    North American ports expected to handle record container volumes in August and October without any congestion problems, new survey finds.
  • Scan-all becomes law
  • Intermodal rail traffic slows
  • Great Lakes shipments off
  • Japan extends retaliatory tariffs against U.S.
  • OOCL volume up 19%
  • NYK buys out partner in NYKLauritzenCool
  • Deutsche Post net improves
  • Tuticorin resumes normal handling
  • BA cargo results drop
  • Port of Vancouver probes improper dredge disposal

Containerisation Internationalweb site
AUGUST 3, 2007
  • Do misdeclared cargoes pose as great a threat as WMD?
    The '100% screening bill', to be introduced in the US, has focused minds on the issue of container security in the supply-chain.
  • Vancouver box traffic rises 5%
  • NYK buys out Lauritzen
  • Growth in US intermodal volumes slower as year progresses
  • OOIL's terminal sales fuel interim results
  • Philippines reduce security fees after industry pressure

TradeWindsweb site
AUGUST 3, 2007
  • TEN tanks up
    Enlarged fleet and higher rates push second-quarter net income up 14% at Greek owner Tsakos Energy Navigation.
  • Fesco pockets funds
    Second share sale this year adds $206m to Russian boxship owner's bank account.
  • Third bidder for ICG?
    Independent directors say a 'third party' has built up a "significant interest" in the owner as new deadline set.
  • Another D-Day in Dublin
    Independent directors of ICG slap final deadline for rival bidders to move for Irish ferry owner.
  • Top lives up to name
    Greek tanker owner posts big first-half profit jump in strong suezmax markets.
  • Wartsila loses power
    Finnish engine giant sees second-quarter net profit shredded due to timing of power plant deliveries.
  • CMES confirms capes
    Chinese owner reveals price and delivery dates of two big bulkers ordered at Dalian.
  • Punj Lloyd in at Pipavav
    Indian engineering group takes 25% stake in big new yard to develop offshore capabilities.
  • Disposal buoys OOIL
    Parent of liner firm OOCL sees profits jump nearly eight-fold on sale of North American terminals.
  • Bad start for Sanoyas
    Japanese shipbuilder dips into the red in first quarter as operating margin cut.
  • Sevmash boots out boss
    Head of Russian yard sacked for delays in modernising aircraft carrier for Indian navy.
  • Kyoei crashes
    Japanese VLCC owner sees first quarter earnings slip despite higher revenues.
  • Panamanian volumes up
    Balboa grows, while Manzanillo sees container numbers dwindle in the first half of 2007.
  • MC opens in Singapore
    LPG player aims to capture more of the growth in the Asian market with Lion Republic office.
  • Courage's profits jump
    Singapore-listed bulker player sees a 32% increase in net figures on the back of strong freight rates.
  • Seadrill bags another
    John Fredriksen's offshore drilling company secures employment for one of its older semi-subs.

American Shipperweb site
AUGUST 3, 2007
  • OOCL parent's first half profit surges on terminals sale
  • NYK buys out Danish partner in reefer subsidiary
  • Diana reports higher earnings as rate climb
  • CTSA lines hiking fuel recovery surcharges
  • Angola LNG Project awards long-term contract to carry LNG to U.S.
  • ESPMC-WITASS ends Port of Spain, Trinidad congestion surcharge
  • OOCL phases new ship into intra European loop
  • Crowley accepts delivery on PNW tug, sister set for Alaska service
  • British Airways' 1st quarter profit up 75%, matches fines
  • American's cargo down 9.5% in July
  • Waterways bill faces veto threat
  • Truckers want court stay on work hours issue
  • Holmes to head UPS Freight
  • Quality Distribution acquires tank container company
  • Immigrant slips into Calif. nuclear plant aboard freight train
  • YRC subsidiary makes new appointments
  • Deutsche Post's 2nd quarter profit up 13%
  • Eimskip completes Versacold acquisition
  • AstraZeneca selects Kuehne + Nagel for European cold chain exports
  • Port Tracker: More TEU records on the way
  • Vancouver port learns of improper dredging on Deltaport project
  • ICTSI takes Port of Guayaquil reins
  • Va. International Terminals one month into low-sulfur diesel switch
  • Dillman heads Texas operations for Ceres

The Scandinavian Shipping Gazetteweb site
AUGUST 3, 2007
  • Lauritzen Kosan takes the first of ten tankers
    Lauritzen Kosan A/S has taken delivery of Isabella Kosan, the first in a series of ten highly advanced ethylene ...
  • EU approves the sale of Wrist Group
    The European Commission have now approved the sale of the Wrist Group in Aalborg to the Swedish equity fund Altor ...
  • J. Lauritzen sells its reefer operation to NYK
    J. Lauritzen have now taken the final step out of reefer trading by selling its 50 per cent part in ...

The Bunker Bulletinweb site
AUGUST 3, 2007
  • Lanka IOC turns bunker supplier
    Sri Lanka-based fuel retailer has started to offer bunkering services in Trincomalee port.
  • Gulf cargoes heading for Asia
    Fuel oil on the move as markets pondering effect on local avails.
  • Supplier plans US Gulf, Caribbean expansion
    Operations expanding to new markets as senior promotion announced.
  • 'Keen' competition for fuel oil parcel
    Singapore market 'really tight' as cargo prices hold above $400 pmt.
  • New global director at ExxonMobil Marine Fuels
    Linda Wright replaces Andy Wescoat as Director, Global Marine Fuels.
  • Rotterdam market stable
  • Trader joins team of bunker buyers
    Recently launched bunker buying unit for three German owners takes on another staff member.
  • July brings fuel oil record at IMAREX
    Good start to third quarter after shrinking fuel oil volumes in the first half of 2007.
  • Dry-bulk shipper posts strong results
    Profitability undamaged by high bunker costs.
  • Directors charged over Philippines spill
    Officials confirm that eight directors of the company that owned Solar I have been charged.
  • Typhoon causing bunker delivery delays in S Korea
    Oil terminals were closed, but have since resumed operations.

›››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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