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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:23 GMT+1
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BRIEFS
May 15, 2007
The Business Timesweb site
Shipping News
  • Transpacific carriers, shippers meeting to resolve differences
    CONTAINER shipping carriers operating on the transpacific trade have said they will meet Asia-US shippers for two meetings after an unprecedented first meeting last year for the two groups to try to resolve differences.
  • Pakistan develops huge deep sea port
    BY the azure waters of the Arabian Sea, a remote Pakistani fishing town is being transformed into a massive deep sea port to cash in on the inexorable rise of the Chinese economy.
  • S'pore port's April box volume up 13%
    SINGAPORE's port operators, including PSA International Pte, handled 13 per cent more containers last month in the world's busiest port, helped by growing trade.
  • Johor port to boost India-M'sia trade
  • Asia-Pac navies to boost maritime defences
  • China ship delayed report of crash: Seoul

Sched Netweb site
  • WTSA to raise `protein' rates on US-Asia shipments
  • Zim to join Transpacific Stabilisation Agreement
  • EPCglobal Hong Kong completes EPC/RFID pilot for GSL
  • Panalpina's Q1 profits rise 109pc driven by high global demand
  • TT Club sees accidents rise as congestion builds and rich world prevents port growth
  • Port of Tacoma selected for Intermodal Radiation Detection Centre
  • US regulators clear Atlas for DHL-Polar Air tie-up
  • Hactl and SkyTeam Cargo renew ground-handling agreement
  • Sichuan starts Yichang service to Wenzhou, Jinan

Exim Indiaweb site
  • Globelink WW India completes seven years of successful operations
  • GE Shipping sets up offshore arm in Singapore
  • MoS proposes 2 more waterways
  • Evergreen Line uses Trieste port to reach S. Germany
  • Very large boxships growth projected at 13 pc a year
  • Maersk Line adds China-Spain route
  • Panalpina makes a strong beginning in 2007
  • Samudera Shipping's Q1 profit spurts by 19 pc to $ 5.3 m
  • Dredgers clear way for Maersk Dartmouth at Ilichevsk Port
  • Advance International manages shipments for world's largest methanol plant
  • Schenker & BAX Global merge in Singapore
  • OOCL Logistics launches improved website
  • NYK Line to deploy 38 boxships with alternative power system
  • New agent boosts Famous Pacific Shipping's presence in Turkey
  • Cosco box volume, revenue up in Q1
  • APL Logistics handles Marks & Spencer's in S. Asia, N. Africa & Europe
  • Pakistan poised to import cotton through Wagah border
  • HPPL signs pact with PSA to develop box terminal at Hazira
  • 3 quay cranes at box terminals may be made compulsory
  • Pearl Hospitality's new venture offers JNP users a facility to unwind
  • S. R. Kulkarni leaves for Tokyo
  • ASM software offers Customs warehousing functionality
  • CWC's ICD-Loni to commence daily container train services to JNP soon
  • Warehouses near railway stations planned
  • Industrial growth up by 11.3 per cent in 2006-07
  • Finance Bill gets Presidential seal
  • 48 service tax circulars withdrawn
  • Apex chambers' roles, memberships undergo sea change
  • Foreign Trade Policy Analysis: Current Trends-By M. Sreedharan
  • B2B Indo-Korean trade meet today

International Transport Journalweb site
MAY 14, 2007
  • New KN board members
  • Panama Canal Authority issues tender
  • Low baht depresses Thai Airways profit
  • Transfracht expanding AlbatrosExpress service
  • KN expanding in the Asia-Pacific region
  • South Korea wants Siberian rail links
  • TOC 2007 Europe, Istanbul, 19-21 June

Maritime Global Netweb site
MAY 14, 2007
  • Braemar Seascope's good year
  • SAFEDOR "to help establish new rules"
  • New World, CMA-CGN in new service
  • Stronger Q1 for Eitzen Chemical

Marine Logweb site
MAY 14, 2007
  • Hercules Offshore halts some Nigerian liftboat operations
  • Empress of the North runs aground
  • Seaspan inks $1.06 billion of box ship contracts
  • STX Pan Ocean orders handy size bulkers from China
  • MacGregor adds to offshore services

World Wide Shipperweb site
MAY 14, 2007
  • Roger Allen named to Longview port board
  • Zim announces plans to become TSA member
  • Port of Seattle web site now offers Sea-Tac flight info
  • WTSA member carriers eye 'protein' rate increases
  • MOL opens VLCC simulator at Montenegro training facility

Lloyd's Listweb site
MAY 14, 2007
  • Grounded Empress of the North freed
    CRUISESHIP now underway using its own power at five knots after successful evacuation.
  • NOL suffers as profits plunge
    FIRST quarter profit tumbles by 64% as container line is hit by falling freight rates.
  • Zachello splashes out on tankers and bulkers
    ORDER spree worth $600m part of move to exploit emerging opportunities in Asian markets.
  • Stranger than fiction: the critters that offer a challenge to science
    A VAST majority of shipping still exchange ballast at sea, although this is inefficient and sometimes downright dangerous.
  • Pious hopes and practice
    IF schemes to promote shortsea shipping in Europe are to really work, they must be a lot better financed than they are today.

The Journal of Commerceweb site
MAY 14, 2007
  • APL earnings plummet 64 percent
    Parent NOL said weaker rates hurt pre-tax earnings for the liner business, which totaled $41 million, off 67 percent from the year-ago quarter.
  • Retailer Target sues U.S. over duty discrimination
  • TSA to meet with shippers
  • Bidding war for EGL
  • Lines hike protein rates
  • Cosco to call Prince Rupert
  • Florida highways reopen after wildfire smoke clears
  • Halifax port, Suez Canal partner
  • Swift net plunges as founder completes buyout
  • BA mulls Iberia merger
  • Truckers strike at Cochin

Containerisation Internationalweb site
MAY 14, 2007
  • Prince Rupert secures Coscon
  • Hapag-Lloyd still sinking
  • New box terminal planned for Galveston's Pelican island

TradeWindsweb site
MAY 14, 2007
  • Multiyear cover rejected
    Top underwriter Richard Turner tells the TradeWinds Marine Risk Forum why he can't offer the long term insurance policies that shipowners want.
  • All safe in Alaska
    Nearly 250 passengers evacuated safely from grounded cruise vessel Empress.
  • Well grounded
    This is the third time the Empress of the North has grounded since its delivery in 2003, report says.
  • Cruiseship grounds off Alaska
    Passengers and crew being evacuated after Majestic America Line vessel hits reef.
  • Expenses bother B+H
    US tanker owner's rising revenue cancelled out by operating costs in first quarter.
  • NAT on course
    Profit improves in first quarter for US-listed suezmax owner, with second quarter looking solid.
  • China factor drives STX
    South Korean owner sees first-quarter profit soar as dry-bulk rates increase, but loses out on FFAs.
  • OMI gets US clearance
    Federal Trade Commission has found no antitrust grounds to prevent Teekay/Torm's $2.2bn buy of Stamford company from going forward.
  • STX takes three in China
    Korean bulker owner not naming size of units it signed for at Taizhou Maple Leaf with a further option.
  • Hanjin racks up heavy profit
    Korean shipbuilder almost trebles first-quarter earnings as boxship prices rise.
  • NOL knocked
    Continued poor freight rates send quarterly profit plummeting at Neptune Orient Line despite revenue rise.
  • Aboitiz taps box market
    Philippine ferry owner forms joint venture with Maersk units to carry containers.
  • Ship sinks, 16 missing off China
    South Korean vessel goes under after collision with Chinese boxship outside port of Yantai.
  • Western on the march
    Lithuanian ferry builder doubles profit for 2006 from slightly bigger revenues.
  • Cruise axed over safety fears
    Problems with a propulsion motor force Carnival to cancel two week cruise from UK with 2,000 sent home.
  • Tokai nearing profit
    Japanese ferry owner Tokai Kisen almost reaches breakeven in the first quarter as revenues fall.
  • HMM plans new US route
    Korean owner teaming up with CMA CGM to run eight boxships to east coast.
  • Rates set to slide
    New underwriting capacity is putting hull rates under pressure according to Willis' Richard Close-Smith
  • Skuld claims concern
    Norwegian P&I club is doing well but Douglas Jacobsohn remains concerned about casualty upturn.
  • Azuma on the rise
    Japanese bulker player pushes up annual profit and expects to repeat the trick in current year.
  • Revenues flood in at Suez
    Another monthly record at Egyptian canal as increased number of vessels pays higher transit fees.
  • Double digit rate hikes
    Marsh P&I chief Jerry Westmore warns that record pool claims will mean big premium general increases.
  • Naikai nets more
    Japanese yard's annual profit rises despite drop in revenues.
  • Bridge blunders increasing
    Rising toll of costly collisions and groundings worry Tore Forsmo of Cefor.
  • Bigger not much better
    Expanded Eitzen Chemical posts huge jump in first quarter revenues, but costs eat profit away.
  • Weak start at RCL
    Weaker rates, dollar and cargo makeup hurt Thai intra-Asian operator Regional Container Lines.
  • Staying out of jail
    Ken Olsen tells TradeWinds Marine Risk Forum how to avoid a run in with the US Coast Guard the next time your ship visits the States.

American Shipperweb site
MAY 14, 2007
  • Zim joins TSA, which will hold two shipper meetings in June
  • APL's 1st quarter earnings down 67%
  • WTSA to raise rates on "protein" cargo
  • TACA increases bunker surcharge
  • Containers wash overboard, creating plastic foam spill
  • Hamburg Sud Venezuela promotes Castillo
  • Cathay, Dragonair cargo down 1.7% in April
  • DHS to test intermodal nuke detection options at Tacoma
  • NationaLease hires Oetjen
  • Both EGL suitors increase offers
  • Alabama will be home for new steel mill
  • Ex-Geest executives start Ge-eX Logistics
  • President Bush's pick for BIS chief completes confirmation hearing
  • Agility buying South Chinese ocean forwarder
  • Kuehne + Nagel opens Yokohama office
  • Ortega refuses Grand Inter-Oceanic Nicaragua Canal
  • PSA, Afken win 36-year Mersin Port concession
  • Port of Charleston signs deal with Mediterranean Shipping

The Scandinavian Shipping Gazetteweb site
MAY 14, 2007
  • Danish owner lost DOC/ISM certificates
    Danish coaster owner H. Folmer & Co of Copenhagen is the first shipowner to have its ISM/DOC company certificate withdrawn ...
  • Maersk names the first of nine rigs from Singapore
    Maersk Contractors has named the first of nine drilling rigs presently under construction at Singapore. The first was "hull' no ...
  • Large claims hit the global marine hull market
    Big claims in the global marine hull market could reach over USD 600 million this year, against USD 350 million ...

The Bunker Bulletinweb site
MAY 14, 2007
  • Strait of Gibraltar bunker market set to grow
    Sales of bunker fuel in Algeciras, Ceuta and Gibraltar could reach 10 million metric tonnes by 2015.
  • Improved freight rates offset by bunker gains
    Q1 market conditions improved for chemical tanker operator, cost increases eat away at possible profit growth.
  • ARACON 2007: Final week for delegate prize draw
    Share your views for a chance to win free delegate pass to Amsterdam bunker event.
  • Fuel quality 'key' to controlling exhaust gases
    INTERTANKO Technical Director says switch to distillate fuels is best for the environment and best for shipowners.
  • No Q1 take-off for World Fuel Services
    Year-on-year profit growth stalled by aviation business despite record performance from marine sector.
  • Distillate switch could threaten supply chain
    Refiners' representative gives stark warning of what a move away from residual fuel might mean.
  • Rotterdam market firms slightly
  • Singapore April bunker sales jump 18.4% on year
    Sales of 380 cst stayed strong at close to two million mt, MPA figures showed.
  • China grants more oil import licences
    18 more private firms will be able to import crude oil and fuel oil.

›››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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