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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
December 10, 2007
The Business Timesweb site
Shipping News
  • Persian Gulf tanker rates may rise after S Korean spill
    The cost of shipping Middle East crude to Asia, the world's busiest market for supertankers, may surge after a single-hull tanker was involved in the biggest oil spill in 4 1/2 years.
  • Oil spill clean-up in S Korea will take 2 months: minister
    A huge clean-up operation on South Korea's stricken southwest coast after the country's worst oil spill is set to drag on for two months, a government minister warned yesterday.
  • Korea's Hanjin opens its largest shipyard in Subic Bay
    SOUTH Korea's Hanjin Heavy Industries and Construction Corp has completed the first phase of its largest shipyard project in Subic Bay in the Philippines.

Sched Netweb site
  • Wal-Mart's Gazeley to build US$16 million Ningbo warehouse
  • China becomes Japan's largest trading partner
  • CULines strengthens operations from north bank Beibu Bay
  • Tianjin port handles 35pc of Henan's container cargo
  • Wuhan's Yangluo Port capacity to reach 150,000 TEU
  • Beijing's 11th Five Year Plan calls for 10 logistics zones
  • MOL takes part in pirate attack exercise with Japanese gunboat
  • ICTSI makes a string of senior appointments
  • Changing habits, more sea freight to bring DHL double-digit growth
  • Korean Air to build Tianjin cargo terminal with Sinotrans
  • Hangzhou airport to add six services in January
  • Qantas to upgrade domestic terminal at Canberra Airport

Exim Indiaweb site
  • Hoyer Global makes a new beginning in India with Samsara Shipping
  • Commodity shipping costs projected to scale records next year
  • m.v. OEL Blessing makes maiden call at Kolkata Port as part of Straits Bengal service
  • 98 pc surge in tyre imports, exports up by 19 pc
  • IMC signs MoU with Korea's GCCI
  • 4 box vessels shifted to safety at Chennai Port following stormy weather
  • Dock union secy for Washington meet
  • GTI sets national berth productivity record
  • Safexpress wins CMAI's logistics award
  • CWC Executive Ajay Khera calls it a day
  • Customs duty cut will further hurt mfg sector-Ficci
  • Vizag Customs launches RMS for ex-im trade
  • Minister lists details of modified TUFs to Elders
  • Ficci's Budget wish-list seeks repatriation of earnings from companies' foreign subsidiaries

International Transport Journalweb site
  • Volga-Dnepr Group soaring with record growth
  • Emirates Houston-Dubai flights commence
  • Deutsche Bahn reorganises product names
  • Wim Bosman supplies Kunstdrukkerij Mercurius

Maritime Global Netweb site
DECEMBER 7, 2007
  • US, China confirm liner antitrust immunity
  • Hose market rigging charges
  • Eastern Echo orders at Drydocks World
  • GL in fluid dynamics co-operation

Marine Logweb site
DECEMBER 9, 2007
  • USCG asks Cosco Busan pilot to surrender merchant mariner license
  • WSF's Steel Electric problems continue
  • South Korea declares oil spill disaster

World Wide Shipperweb site
DECEMBER 7, 2007
  • Port Tracker report finds container moves down again
  • Rail freight traffic numbers rise during holiday week
  • Coast Guard District 13 members filling stockings for homeless children
  • Port of Seattle included in next wave of TWIC locations
  • Panama Canal Authority awards expansion project contract

Lloyd's Listweb site
DECEMBER 7, 2007
  • StealthGas moves into product tankers
    THE Nasdaq-listed LPG specialist acquires two new product tankers for a total of $115m.
  • ESPO warns against dust directive
    AIR quality directive outlawing high concentrations of dust poses a threat to inner city ports.
  • Seoul shows its logistics prowess
    KITA chairman Hee-Boem Lee talks about the importance of growing the logistics industry in the nation.
  • Unsafely alongside
    IF AN empty bulker is pretty helpless when lying at anchor, a big containership might not be much safer.

Fairplayweb site
DECEMBER 7, 2007
  • Cosco Busan spill spurs bills
    CALIFORNIA lawmakers have introduced two bills to tighten shipping regulations in the wake of the Cosco Busan spill in San Francisco
  • Silver lining from Korean spill?
    THE VLCC spill in Korea may actually be a positive for tanker stocks, according to Citigroup analyst John Kartsonas
  • New cruise terminal at Southampton
    ASSOCIATED British Ports and Carnival UK have signed a 20-year contract that will see a fourth cruise terminal built at the Port of Southampton
  • Endeavour River refloated
    THE bauxite carrier Endeavour River has been safely refloated at the port of Gladstone
  • OceanFreight heads roll
    BOTH the chief executive officer and chief financial officer of bulk newcomer OceanFreight have been ousted
  • Höegh Autoliners digests Kiwi
  • Winners and losers in bunker prices
  • US box slump persists
  • Cosco Busan pilot charged
  • Go global, Malaysian lines told
  • GOGL to raise $200M for newbuilds
  • Sovcomflot secures Novoship control
  • Mercator finalises Singapore IPO
  • Korea fighting huge oil spill

The Journal of Commerceweb site
DECEMBER 7, 2007
  • California clean-air board approves emissions limits for ships, trucks
    California Air Resources Board OKs sweeping regulations that set standards for all ocean-going ships and drayage trucks.
  • LA port signs landmark pact on greenhouse gases
  • Sea Containers scores win in GE SeaCo case
  • LA port panel approves TraPac environmental report
  • Maersk Line CEO Kolding confirms restructuring
  • House passes energy bill promoting short sea
  • Crowley to pay for TWICs
  • Analysis: Who's back-sliding in U.S.-Russia trade
  • Downey: Begin work now on freight transportation plan
  • CSCL IPO raised $2.1B
  • Jaxport stevedore sold

Containerisation Internationalweb site
DECEMBER 7, 2007
  • Boxship safety: accidents waiting to happen?
    On December 21, 2003, three containers were lost overboard from the 367TEU Ethiopian registered container vessel, Andinet, during a storm off of the Dutch coast.
  • Unctad report reveals growth in supply and demand
  • Feds halt USD200 million fake containerised goods racket
  • Shrimps on the menu for Transfennica
  • Canadian Pacific Railway and union conclude revised contract
  • ESPMC ' WITASS business plan hike

TradeWindsweb site
DECEMBER 7, 2007
  • Plumbe positive
    ACM Shipping chief thinks demand for oil in Asia to continue for years to come, but gas put on the back burner.
  • Ropax hits Petrobras ship
    Collision in Brazil leaves three injured, leading the state port authority to launch an investigation.
  • Senators want cap hike
    California's US senators have proposed legislation that would raise the oil spill liability cap and beef up the US Coast Guard's vessel tracking system.
  • SBM to supply Brazil FPSO
    Dutch offshore player is the lowest bidder for a $1.25bn contract to supply Petrobras with an FPSO.
  • Eastmed snags two
    Greek owner takes modern tankers, as a compatriot owner snaps up a newbuilding.
  • OceanFreight rebounds
    A day after a management shake-up at the US-listed bulker owner, shares increase 14% to reverse earlier losses.
  • Seafarer nabbed for porn
    Canadian officials arrest a cargoship crewmember on charges of possessing images of child porn on a laptop.
  • MLSL ready to roar
    Singapore IPO could be worth $166m, bulker owner says.
  • Rocks hit at the Rock
    The US Coast Guard is investigating after Red & White Fleet ferry smashes into rocks near Alcatraz.
  • War risks cost falls
    Outbreak of peace leads to Hellenic club dropping premiums by 15%.
  • Equinox takes Meloodia
    Tallink unit confirmed sold to Equinox Offshore Accommodation of Singapore for conversion work.
  • Crunch with silver lining
    Paragon Shipping chief Michael Bodouroglou expects credit crunch to keep dry-bulk sector booming for two years.
  • VLCC leaks oil off Korea
    Hosco tanker hit by crane which fell from barge has spilled 10,800 tonnes of crude, but holes now plugged.
  • CSCL rakes in IPO cash
    Shanghai-listing is worth $2.1bn for expanding China Shipping Group unit.
  • Hoegh brings Kiwis in-house
    Kiwi Car Carriers is to come under the Hoegh Autoliners umbrella from the start of next year.
  • Yenisei faces tax claim
    Russian river and coastal shipping player could have to pay RUR 2.7m to local tax inspector.
  • CMES offloads oldies
    Chinese owner sells two elderly aframaxes to Hong Kong's Hailian as fleet renewal gathers pace.
  • Erdogan hints at new ferry link
    Turkish prime minister courts controversy by saying service from Jordan to Turkish-controlled Cyprus could be established.
  • Swee Joo sweeps up resale
    Malaysian owner to take delivery of 908-teu boxship next February for $14.1m.
  • Endeavour River refloated
    ASP managed ship is freed from the Queensland mud by five tugs, harbour master says.
  • Arpeni lines up bonds
    Fresh from ordering two capesizes, Indonesian owner could sell $160m of debt next year.
  • No winner in ferry race
    Norwegian consortium to start again in search for owner to run Scotland link, after five-strong field disappoints.
  • StealthGas moves into MRs
    Harry Vafias' US-listed gas carrier company has acquired two 47,000-dwt product tankers.
  • Fredriksen issues bonds
    Oslo-listed Golden Ocean releases $200m worth of convertible bonds to boost its fleet renewal programme.
  • Pendennis wins ferry deal
    UK shipyard to build replacement ship for Dartmouth crossing.
  • Figaro loses power
    Emergency tug heads for Wallenius Lines car carrier after ship is left dead in the water off Lands End.
  • Eastern Echo ups order
    Dubai-based seismic firm has increased the number of vessels on order at Barreras in Spain.

American Shipperweb site
DECEMBER 7, 2007
  • U.S. and China: No change in maritime competition laws
  • China Shipping Container Lines raises $2.1 billion
  • Maersk rolls out cargo booking site
  • Sea Containers wins latest battle over GE SeaCo with GE Capital
  • Inchcape buys majority share of Polish agency
  • GAC Group expands Australian operations
  • Germanischer Lloyd opens Vladivostok office
  • Cathay fleet continues to increase
  • Los Angeles signs lease for new Ontario air cargo center
  • Kingfisher loses big, plane orders to blame
  • CBP considers limited applications for CSDs, Ahern says
  • First Industrial Realty provides update on Calif. teachers' JV, Ficker
  • Drewry establishes supply chain division
  • Merger of U.S.-Mexico sweetener market spurs acquisition
  • RC2 recalls potty seats
  • AST&L names four for logistics honor
  • New CARB regulations to hit port truckers, ship owners
  • NRDC, Teamsters threaten shipping lines over SoCal terminal development
  • China's leading ports see box growth of 19% in October

The Scandinavian Shipping Gazetteweb site
DECEMBER 7, 2007
  • Fantaasia is cleared from detention
    Tallink-owned ferry Fantaasia, which is chartered by Norwegian operator Kystlink, has been cleared from detention and will make a trail run between Langesund, Str'mstad and Hirtshals over the weekend. "The detention, placed on the vessel on November 21, is ...
  • "Pilotage should be opened to competition"
    Finnish Competition Authority proposes that the Ministry of Transport and Communications establish a workgroup to investigate how pilotage could be opened to competition. In a proposal the Competition Authority states that competition also would secure the efficiency of the State ...
  • Owner have to pay damages for Fu Shan Hai
    The owner of the Fu Shan Hai, a Chinese shipping company, has to pay EUR 3 million in damages to Sweden for pollution combating. The negotiations have been going on for several years. The amount is only 60 per cent ...

The Bunker Bulletinweb site
DECEMBER 7, 2007
  • Board poised to approve new cold ironing rules
    California requirements to include shore power usage from 2010.
  • Fuel oil trade still slim at buoyant IMAREX
    Trade in freight derivatives soar to new records but bunker fuel futures see little activity.
  • Booms deployed in bid to contain spill
    South Korean officials say oil has stopped leaking from the damaged tanker.
  • US Lines sold after suffering bunker-related losses
    Reports suggest high bunker prices proved unsustainable for the container carrier.
  • Cruise ship falls victim to bunker prices
    Cruise operator says high bunker and maintenance costs make veteran ship 'uneconomic'.
  • Rotterdam market quiet
  • Pilot blamed for San Francisco bunker spill
    Californian investigation says pilot ordered 'full speed' in thick fog.
  • Dan-Bunkering takes two new staff for Shanghai
    Expansion to 'continue the steady growth of the company'.
  • Major oil spill off Korea
    Tanker spills some 11,000 metric tonnes of crude oil after collision with crane-carrying vessel.
  • Oil jumps to over $90 per barrel
    Oil prices rebound on US plan to ease the country's housing mortgage crisis.

›››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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