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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
21:58 GMT+1
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BRIEFS
February 15, 2007
The Business Timesweb site
Shipping News
  • Vietnam's Vinashin yard to build supertankers
    VIETNAM's largest shipbuilder Vinashin will build two very large crude carriers for state oil group Petrovietnam, the first to be built in Vietnam, a company source said.
  • IOC unit to sell bunker on Asia-Europe trade route
    LANKA IOC Ltd, a unit of India's largest refiner, plans to refuel ships off the western coast of Sri Lanka, tapping the world's third busiest trade route.
  • China Merchants to invest in Tianjin terminal project
    CHINA Merchants Holdings Co Ltd plans to invest in its state parent's US$400 million container terminal project in Tianjin, joining Singapore's PSA International in helping develop the northern city into a major port of call.
  • S'pore Jan bunker sales down 15%
  • M'sia ship industry exports reach RM3.3b in 2006
  • Omega to buy two tankers from STX for US$129m
  • Samsung Heavy to book ship order in won

Sched Netweb site
  • NYK sees net income drop 36pc over first nine months
  • MSC, Hanjin, CMA CGM to set up shop at Dongjiang bonded port area
  • Maersk denies shipping garbage to China
  • AADA to drop PSS for Asia-Australia shipments
  • SAS fears stiffer competition, fuel prices in 2007
  • ECS/Globe Air Cargo stretches its wings to Dubai
  • FedEx deploys new hand-held radio device

Exim Indiaweb site
  • Freight Express International strikes Gold for quality & excellence
  • Global container shipping projected to grow by 10 pc
  • NYK Group to recruit more Indian seafarers
  • Maritime Practice flips over to 4th edition
  • Wheat exports banned
  • Hearty 83 pc jump in black pepper exports to US
  • First cruiser arrives at Vizag Port
  • CONCOR ties up with TCIL to provide door-to-door services
  • Air India sees lucrative biz in airfreight market
  • Move to attract investments in warehousing
  • Project cost of rail freight corridor lowered
  • Steel industry fears misuse of duty-free import authorisation scheme
  • Foreign Trade Policy Analysis: Current Trends - By M. Sreedharan

International Transport Journalweb site
  • Intermarine names Andre Grikitis as president
  • Port of Gothenburg achieved record levels in 2006
  • Vancouver airport cuts fees
  • German state railways to expand into Poland's rail freight market
  • Prologis buys competitor Parkridge
  • CER plans first pan-European telematic interface for rail freight
  • Electronic container exchange for trans-Siberian container traffic

Maritime Global Netweb site
FEBRUARY 14, 2007
  • Baco line crew freed
  • Epic orders ro-pax trio
  • Eitzen buys Mosvold Chemical
  • Weaker Q4 but strong year for Knightsbridge

Marine Logweb site
FEBRUARY 14, 2007
  • Another troubling report on Deepwater
  • Britain to ban smoking on ships
  • ACL buys twenty towboats from McKinney
  • Yantai Raffles inks $300 million LOI
  • Samsung Heavy Industries books $400 million FPSO order
  • $43.2 million Navy award for Electric Boat
  • Excel Maritime sponsors "blank check" company
  • Donjon salvages dinner cruiser
  • ACL persuades more shippers to use barges

World Wide Shipperweb site
FEBRUARY 14, 2007
  • Port of Vancouver, USA Oks funds for rail project
  • Corps search finds no sign of crab pots in Chetco River channel
  • Washington State Ferries fares in line for four percent increase
  • Seattle Port Commissioners hire investigations firm
  • Port of Everett launches new Internet web site

Lloyd's Listweb site
  • Total defends immunity plea in Erika trial
    GROUP chairman Thierry Desmarest defends the company's decision to ask court to drop charges against it.
  • Erika court rules against Rina bid for immunity
  • Jailed Trafigura bosses to be freed
    THREE employees from the company that chartered the Probo Koala are released from prison following a E145m payout to the Ivory Coast government.
  • Britain seeks smoking ban in territorial waters
    DEPARTMENT for Transportation propose total ban on smoking on merchant and shipping vessels of all flags in UK territorial waters and inland waterways.

Fairplayweb site
FEBRUARY 14, 2007
  • CNR strike update
    A NATION-WIDE strike by Canadian National Railway staff is expected to continue until at least 19 February, while grain ships queue at Vancouver and Prince Rupert
  • NY salvors challenged by severe cold
    SALVORS from Donjon Marine are working in snow and frigid surface temperatures while divers are braving 10 deg C waters to raise a dinner cruise vessel
  • Nordic American shrugs off 4Q fall
    NORDIC American Tanker Shipping has reported a fall in final quarter 2006 net profit, but the figure for the full year comfortably exceeded that of 2005
  • US exports surge
    US exports jumped 14% in 2006 and scored a monthly record in December, yet America's trade gap continues to widen on ever-growing petroleum imports
  • Scottish minister blasts EC policy
    SCOTTISH transport minister Tavish Scott has blasted the EC transport policy, calling the rules relating to competitive ferry service tendering a basket case
  • Canadian report blasts Coast Guard
  • Nine seafarers lost off Japan coast
  • Erika Day 3: Total's embarrassing memo
  • Trafigura pays $200M to free Dauphin
  • Donbas deal unlikely for Gdynia
  • Knightsbridge warns of softening
  • PIL breaks into trans-Pacific
  • Ro-ro suspected of sinking fisher

The Journal of Commerceweb site
FEBRUARY 14, 2007
  • Hapag-Lloyd discussing sale of Montreal terminal
    While acknowledging the talks, the company denied a report that it named Macquarie as a bidder.
  • COAC wants to emphasize trade facilitation
  • Rail strike hampers Vancouver box backlog
  • WCO urges traders to support security framework
  • Jaxport names Peek to marketing post
  • New name for Evergreen North America agency
  • DHL sets China spending
  • ACL doubles Gulf fleet
  • Air France-KLM cargo slides
  • Martial law shuts bauxite port
  • Descartes adds e-filing for Canada truck shipments

Containerisation Internationalweb site
FEBRUARY 14, 2007
  • China Merchants to invest in Tianjin project
    China Merchants Holdings (International) Co. Ltd. is to invest in China Merchants Group's over RMB3bn (US$387.05m) container terminal project at Tianjin, along with PSA International, Reuters reports.
  • Shipowners awaiting their plate of Pork after Chinese New Year
  • JN Port considers ceasing night navigation, prompting trade volume fears
  • Wan Hai to launch Japan/China service
  • New wage agreed for Indonesian seafarers under Dutch flag
  • Kolkata-Nepal container rail movement resumes, after 3-week suspension
  • N.Eur feeder-carriers report congestion ruining their journeys
  • Canadian National Railway strike enters fifth day
  • New Dutch Cabinet names transport minister

TradeWindsweb site
FEBRUARY 14, 2007
  • B+H OBOs hopes dashed
    Eitzen sells trio of combinaton carriers targeted by Hudner group to a higher bidder, market sources suggest.
  • Oaktree reaps $129m
    Private investor sells 4.2m Genco shares at $30.73 and bulker share manages to firm after announcement.
  • Diana selling capesize
    New York-listed owner offloading Pantelis SP to Lykiardopulo for $81m.
  • Dahlman swats NATS
    New York bank downgrades suezmax owner to 'hold' as Nordic American share takes a tumble on Wall Street.
  • Hanjin widow to join board
    Choi Eun-young, wife of late chairman Cho Soo-ho, to be director of Korean boxship giant.
  • Not so easy peasy
    Greek bulker with 40,000 tonnes of peas finally sets sail for India after grounding in Canada last September.
  • Nine missing off Japan
    Two recovered from sunken South Korean vessel but race on to find remaining crew.
  • NAT stays strong
    Suezmax owner Nordic American Tanker revelled in good freight markets last year as profits rose.
  • Yantai shy on JCE order
    Singapore shipyard Yantai Raffles remains mum on news of $300m two-ship order by Swedish group.
  • Orsova on the up
    Central Romanian shipyard keeps a lid on costs as revenues and profits rise.
  • Finnlines feeling fine
    Grimaldi takeover target pushes up profit numbers for 2006 after second half recovery.
  • Master blamed for Fesco grounding
    Captain of Kapitan Artyukh boxship violated navigation rules, investigation finds.
  • Cochin suffers blaze
    Roof blown off welding shed at Indian yard after fire breaks out.
  • Down in the fourth
    Higher voyage expenses see Eitzen Chemical's earnings dip in final quarter last year.
  • Eitzen Chem adds Mosvold four
    Axel Eitzen's newly spun-off tanker company builds 119-ship fleet with Marnavi-chartered vessels.
  • Samsung grabs BP $400m order
    Korean yard to receive 58% of contract value in won for single FPSO unit for British oil major.
  • Knightsbridge numbers tumble
    Fourth quarter profits slide 40% at Frontline-managed VLCC operator as weaker rates cut revenue.

American Shipperweb site
FEBRUARY 14, 2007
  • OOCL receives 5,888-TEU ship
  • NYK to partner with new Singapore cargo airline Jett8
  • Volga-Dnepr's maiden U.S. call with quieter IL-76 freighter
  • Unisys upgrading air cargo management system
  • Hawaiian Airlines appoints operations exec
  • Norfolk Southern declares force majeure in Midwest due to snowstorm
  • COAC set to weigh in on mandatory '10+2' trade data
  • Expeditors' 4th-quarter profit slips 16%, Alger retiring
  • Port of Conakry closed as Guinea in state of siege
  • Descartes adds new ground transport service to Canada
  • Bay Area wine importer shifts to automated logistics solution
  • Rubbermaid signs 10-year California lease
  • Freightgate hires Matyas
  • Hutchison to develop Vietnam container terminal
  • PSA eyeing Panama terminal
  • Long Beach LNG terminal project heads to court
  • Dunkirk's cargo up 3% in January

The Scandinavian Shipping Gazetteweb site
FEBRUARY 14, 2007
  • Green Reefers' operating results down last year
    Bergen based Green Reefers' operating results for last year was down to USD 16.2 million from USD 25.7 million a ...

The Bunker Bulletinweb site
FEBRUARY 14, 2007
  • Oil market shrugs of US inventory draws
    Expectations of warmer weather eases supply concerns despite DOE report showing high demand and fall in stocks.
  • Rotterdam market stable at midday
  • Chemoil prepares for shopping spree
    Chemoil's board proposes acquisition of six corporations, including Singapore's Helios Terminal and vessel owners.
  • Outgoing IBIA chairman backs residual fuels
    Gregory predicts that by 2010, 50% of newbuilds will have scrubbers.
  • Crude prices rally on oil demand report
    Latest monthly report by the IEA suggests a rise in global oil demand this year.

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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