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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:45 GMT+1
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BRIEFS
July 19, 2007
The Business Timesweb site
Shipping News
  • Indian ship sinkings on the rise
    Fifteen ships have sunk off India's vast coastline over the past two months, mainly because of mechanical problems, as regulators and shipowners grapple with a shortage of skilled staff, officials said.
  • Spain clears Odyssey's treasure find
    Odyssey Marine Exploration Inc, the discoverer of more than 17 tons of sunken treasure, said it has satisfied Spain's Culture Ministry that its Black Swan hoard wasn't recovered from Spanish waters.
  • Domestic aviation slumps after launch of Taiwan's bullet train
    Taiwan's first 'bullet train' has taken a damaging toll on domestic aviation, forcing airlines to cut back on flights or shut down services altogether amid warnings the situation will get worse.
  • Babcock acquires major stake in Belgian port firm
  • Rescue for capsized Indon ferry called off
  • Asian routes Aframax rates set to fall on vessel build-up

Sched Netweb site
  • MSC to raise rates for wastepaper shipments to Far East
  • Shanghai to focus on eight areas of port development
  • Yangshan sees 15 million TEU annual capacity by 2010
  • Congestion threatened as PSA slows down to protest Indian tax
  • Port of Le Havre sees container volumes rise 26.3pc
  • Agility wraps up acquisition of LEP International NZ
  • Singapore Airlines cargo up 3.1pc surpassing 2.1pc capacity rise
  • US Airways relocates to bigger air cargo centre at El Paso
  • Grand Power Logistics buys 60pc Hong Kong's Redcap

Exim Indiaweb site
  • Court ruling on 'rent' brings major tax relief to shipowners
  • GE Shipping augments dry bulk fleet with modern Supramax
  • Wheat import to continue-Pawar
  • Sparkle in Indian businessmen's eyes continues for 4th year
  • Global footwear meet in Chennai on Aug. 30, 31
  • Tender floated for raw sugar export
  • WTO bid to resume talks on farm subsidies
  • Theft of export cargo at Chennai airport raises concerns
  • ...invites pvt. sector to invest in cold chains, warehouses & transport facilities
  • Adani group opens first modern foodgrains storage depot in Punjab
  • Kamal Nath seeks speedy notification of service tax waiver for exporters
  • Country with a strong regulatory set-up preferred for offshore infrastructure SPV
  • Goods and services tax to come into force from 2010

International Transport Journalweb site
  • Brenntag Germany names new managing director
  • Maersk improves North America-Mediterranean services
  • Nobody wants Alitalia
  • More and more bidders for MAV Cargo
  • SBB Cargo registers double-digit growth in freight volumes
  • BP Lubricants chooses P&O Ferrymasters

Maritime Global Netweb site
JULY 18, 2007
  • ICS "disappointed" over ballast issue
  • Dubai World set for more Australian investments
  • Intertanko and Warsash cooperate
  • JAFZA pulls out of Port Klang

Marine Logweb site
JULY 18, 2007
  • CLIA names environmental and health programs director
  • Austal USA opens new panel line shop
  • Acquisitions boost Docklift floatover capabilities

World Wide Shipperweb site
JULY 18, 2007
  • Port of Everett reports on progress of rail/barge facility
  • Port of Vancouver, BC bringing new truck rules onboard
  • Grand Alliance member lines plan changes to CCX service
  • Port of Vancouver, USA speeds contaminant cleanup
  • Carriers net contract to open Rotterdam box terminal

Lloyd's Listweb site
JULY 18, 2007
  • Petrobras probe focuses on 'over-priced' rigs
    INVESTIGATORS turn attention to costs of building two $1bn-plus oil rigs.
  • Petrobras embroiled in corruption scandal
  • Danaos decides to upsize boxships
    GREEK shipowner pays $100m extra to upgrade four 6,800 teu vessels on order to 8,400 teu.
  • StealthGas bullish after new share offering
    NASDAQ-listed LPG specialist will raise more funds than initially planned.
  • Why Emma is the star of the seas
    THE officers and crew of Emma Maersk talk about serving onboard the record-breaking vessel.
  • Oil on troubled waters
    THE price of oil is rising and there are pessimistic suggestions that this will be no temporary glitch.

Fairplayweb site
JULY 18, 2007
  • Ivanov denies fresh Estonia claim
    A Reuters report claiming Russia's deputy prime minister Sergei Ivanov has ordered oil traders and shippers to redirect their cargoes away from Estonian ports, has been categorically denied by Ivanov himself
  • Genco seals mega-deal
    GENCO Shipping & Trading will acquire nine Capesizes from Metrostar Management for $1.1Bn
  • Bombay High vessels kept in port
    INDIA'S Mercantile Maritime Department has ordered port trusts to stop 30 offshore vessels from sailing after last week's Bombay High tragedy
  • Chevron warns on pipeline project
    CHEVRONTEXACO has warned that it would not join the Burgas-Alexandropoulos pipeline project unless Moscow drops its veto on expansion of the CPC pipe capacity
  • Migrant Watch: US/Caribbean
    US Federal courts, continuing to hand down stiff sentences to migrant smugglers, sentenced 12 defendants last week in Key West trials and hearings
  • MarAd reports 60th Ghost sale
    MARAD reports the sale of the 60th ghost ship from the James River Fleet while the 59th departs the Virginia moorings today
  • NYK opens latest training academy
  • IMB stands by piracy numbers
  • LA strike talks resume

The Journal of Commerceweb site
JULY 18, 2007
  • China ripe for logistics investment, according to new Drewry report
    Expansion of ports and rail links to export hubs such as Shanghai (left), ideal for foreign investors, new report from Drewry finds.
  • No contract yet for LA clerical workers
  • Brokers oppose farm bill APHIS proposal
  • House OKs funding for Great Lakes dredging
  • Portland boxes up 31%
  • Grand Alliance lines upgrade Central China Express
  • NAM urges China import safety
  • Canada opens renovated U.S. border crossing
  • CSX earnings fall
  • ProLogis signs Mexico 3PLs
  • Agility gets Baghdad contract

Containerisation Internationalweb site
JULY 18, 2007
  • DP World committed to Australia
  • Grand Alliance CCX service upgrade provides direct Shanghai ' Los Angeles link
  • K Line back in the black due to Chinese boom
  • Clerical workers resume talks to avert a strike at LA and Long Beach ports
  • Improvements continue at Houston container terminals

TradeWindsweb site
JULY 18, 2007
  • Rossing victorious
    Star share picker Jon Rossing of Golar LNG wins TradeWinds' contest with a portfolio that gained 27% in a month.
  • Genco confirms massive buy
    Peter Georgiopoulos's Genco has confirmed a nine-capesize purchase from Metrostar for $1.1bn.
  • Shipping splits from Louis-Dreyfus
    Philippe Louis-Dreyfus is set to take sole control of Louis-Dreyfus Armateurs as the private group restructures.
  • Rand counts warrant cash
    Great Lakes bulker owner Rand Logistics has drummed up $17.8m in a discount sale of shares to warrant holders.
  • Danaos strikes again
    Fresh from upping a panamax order to post-panamax, John Coustas's Danaos Corp has plucked up five small boxships.
  • A sliver more
    Euroseas ups dividend by one cent though June's secondary offering means more in dollar terms.
  • Stealthgas tops up the coffers
    LPG operator achieves close to 52-week high in $120m stock offering.
  • Master rapped over wave deaths
    Captain of FR8 Venture allowed crew little margin for error in securing decks in heavy seas, probe concludes.
  • Chinese rush
    Container volumes surged in June as shippers sought to beat 1 July introduction of harsher tax rules.
  • One more chief at India
    Banks install new head at loss-making Western India Shipyard.
  • Voie pops up at Eitzen
    Norwegian chemical carrier seeks to fill the void left by last month's chartering walkout.
  • Yard worker dies in Vietnam blast
    Vietnamese man killed on ship at Hyundai-Vinashin, four others injured.
  • Tianjin wins owners' cash
    Wallenius and NYK invest in new car carrying dock at China's largest vehicle gateway.
  • Sri Lanka, Bangladesh talk shipping
    Colombo trade delegation in Dhaka to discuss direct sea and air links to boost trade.
  • Samho buying into Posco
    Korean shipbuilder spending $527m for just 1% of huge domestic steel producer.
  • Great Eastern bulks up
    Indian owner buys 2001-built Turkish supramax to capitalise on strong global demand.
  • Babcock takes Manuport stake
    Australian investment firm has bought a majority stake in Antwerp-based bulk port group.

American Shipperweb site
JULY 18, 2007
  • Maersk ending U.S. East Coast/East Med loop
  • Grand Alliance upgrading China/Los Angeles shuttle
  • CSAV Norasia leaves Asia Med Pacific service of Zim, CSCL
  • Horizon Lines ship helps rescue of Chinese seafarers off Guam
  • UASC lists on OceanSchedules.com
  • North American Ship Recycling gets "Hoist"
  • ABX Air seeks more time to mull Astar merger
  • UAL proposing two new West Coast-to-China routes
  • Envirotainer to provide cold-chain containers for Continental Cargo
  • India facing plane pilot shortage
  • BA World Cargo renews Descartes contract
  • UAL names Mikells VP of investor relations
  • Drewry: China needs to fix logistics weak links
  • CSX gives New York, New Jersey access to security system
  • UP Distribution Services combines two business units into one
  • STB forms energy transport advisory committee
  • China bans imports from U.S. meat, poultry producers
  • Don't expect Chinese counterfeiting to end soon, says Hong Kong expert
  • USDA takes risk-based approach to fresh produce imports
  • SEKO offers three Chicago-Hong Kong flights for peak season
  • FMC reviews 10 OTI license applications
  • FTA welcomes changes to Felixstowe's Vehicle Booking System
  • Maher reinstates Saturday hours
  • ILWU SoCal office workers' contract talks postponed until Wednesday
  • DP World head seeks investment ties in Australia

The Bunker Bulletinweb site
JULY 18, 2007
  • US gasoline draw sends oil prices higher
    DOE report shows unexpected fall in gasoline inventories.
  • SBI and Nour Libya Marine Services sign marketing agreement
    Offshore bunker operation is serving growing Mediterranean market.
  • Fuel subsidies spark controversy
    Fishermen's association uses WWF study attacking fuel subsidies to support its own call for help with rising fuel costs.
  • Trader returns to Global Fuels
  • Report: Baltic fuel terminal for sale
    More signs that Russia wants to cut fuel oil exports via Estonia.
  • T&E calls on EU to take lead on emissions
    Slams IMO for failure to update 'obsolete' ship emission standards or provide framework for cutting greenhouse gases.
  • Fears of new oil spills as vessel is prised apart
    Salvage teams use explosives on containership wrecked off UK south coast.
  • Goldman Sachs says crude oil could hit $95
    More warnings that crude oil prices are set to rise.
  • Yangkou port targets 1.2 million m' oil storage facility
    China Holdings announces joint venture to develop an oil storage complex.

›››File
FROM THE HOME PAGE
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
PORTS
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
ENVIRONMENT
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
COMPANIES
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
PORTS
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INDUSTRY
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
PORTS
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
COMPETITION
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
ENVIRONMENT
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
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
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
EDUCATION
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
MEETINGS
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
MOURNING
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
SHIPPING
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
PORTS
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
LOGISTICS
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
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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