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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
June 21, 2007
The Business Timesweb site
Shipping News
  • Australia to buy 5 ships to shore up its defences
    AUSTRALIA has agreed to buy five new military ships from Spain in an A$11 billion deal that is set to boost the country's ability to respond to threats in the Asia-Pacific region, Prime Minister John Howard announced yesterday.
  • Dubai Drydocks bags US$175m job
    DUBAI Drydocks, a market leader in ship repair and conversions, has concluded an agreement with Singapore-based Navig8 to build four medium-range product tankers, with an option for four more vessels, Emirates News Agency reported.
  • Financier sees shipping industry generating 30 IPOs by end-2008
    WITHIN the next 18 months the maritime shipping sector could generate up to 30 initial public offerings due to global demand for everything from coal to consumer goods, an industry financier said on Tuesday.
  • Hanjin Heavy wins boxship contract

Sched Netweb site
  • CMA CGM commences N Africa Express service (NAFEX)
  • UPS boss slams state of US-Latin America trade links
  • Hongkong Post and TNT Express sign MOU to explore opportunities
  • Dredging of Port Klang's north channel nears completion
  • Safmarine CEO upgrades customer service with two key appointments
  • Agility acquires Synergy companies in Singapore deal
  • Boeing sells 63 aircraft to ILFC for US$8.8 billion
  • Competition in the Israeli air transport sector grows
  • Topping-out ceremony for new animal station at Frankfurt Airport

Exim Indiaweb site
  • Leading project forwarder Bertling Logistics commences India operations
  • Shippers' see fortunes changing for the better
  • European shippers make out strong case for deploying longer trucks
  • MPs panel to submit report on maritime varsity, seafarers PF Bill soon
  • Technical textile export sector sees big biz ahead
  • Minimum export price of onion raised
  • US-India trade to cross $ 50 bn this year-Consul
  • India, EU trade swells
  • STC to import 25,000 tonnes of pulses
  • Port development board on AP govt's agenda
  • Rlys hauls more freight in May
  • JBS Group 1st to handle mango shipment to US
  • 2 draft circulars on service tax clarifications issued
  • India Inc's global M&As may top $ 35 bn in 2007-Report
  • VAT on states' imports unlikely till 2010
  • Fate of 42 SEZ proposals to be decided tomorrow
  • Implement Commerce Ministry's package for exporters, SRTEPC urges FinMin

International Transport Journalweb site
JUNE 20, 2007
  • New Prologis Northern Europe vice-president
  • Agility acquires Singapore logistics companies

Maritime Global Netweb site
JUNE 20, 2007
  • Eritrean pirates hijack fishing vessel
  • Falklands warning
  • UK detains six

Marine Logweb site
JUNE 20, 2007
  • LeTourneau delivers jack-up to export customer
  • C&G Boat Works gets Academy award
  • OSG to pay $10 million penalty
  • Converteam electric propulsion for Knutsen LNGs
  • Australia picks Navantia designs for new naval ships

World Wide Shipperweb site
JUNE 20, 2007
  • Vancouver, USA port board puts lease agreement on hold
  • Conceptual plan unveiled for Bellingham waterfront project
  • Port of Tacoma 'Report' program now appearing on television
  • Work begins on project to ease East Marginal Way traffic
  • Panama Canal discussed at Shanghai, China meeting

Lloyd's Listweb site
JUNE 20, 2007
  • Louis-Dreyfus takes over Ecsa role
    FRENCH shipowner has been elected president of the European Community Shipowners Association.
  • Chalos warns shipmanagers 'prime target' in US
    LEADING third party shipmanagers have been warned that they may become a priority target of 'magic pipe' prosecutions.
  • Putin gives green light to tanker merger
    NOVOSHIP and Sovcomflot get Presidential decree to create major tanker company.
  • Room for confusion
    SOD's law, which in maritime terms decrees that if something can go wrong, it almost certainly will, has been working overtime recently.

Fairplayweb site
JUNE 20, 2007
  • 'Floating sweatshop' held in Ireland
    A 30-year-old general cargo vessel flying the Belize flag, owned by a St Petersburg/Belize-registered company but operated and managed from Riga in Latvia was described this week as a "floating sweatshop"
  • Migrant Watch: US/Caribbean
    THE US Coast Guard 7th District interdicted a total of 137 illegal would-be immigrants at sea between 10 and 14 June, and another 21 made landfall on 18 June
  • St Petersburg benefits from Estonia spat
    ST PETERSBURG appears to have benefited most from the Russia-Estonia spat, with port throughput up significantly while Tallinn and Muuga volumes slip back
  • Petronas on the acquisition trail
    MALAYSIAN state energy major Petronas has acquired PetroVietnam's stake in a polyvinyl chloride manufacturer, and now seeks further energy-related businesses
  • Showdown over Lübeck privatisation
    THE German Baltic port of Lübeck faces growing labour unrest over the city's plan to privatise stevedore L'becker Hafen Gesellschaft
  • American Club tonnage drops
    THE American Club's enrolled tonnage fell over 13% last year as management sought to address "challenging" circumstances
  • Shipping capital markets evolve
  • Counting risks in boom era
  • Jin Sheng crew blamed for collision

The Journal of Commerceweb site
JUNE 20, 2007
  • Resist all-out gentrification, ports told
    Port executives urged not to sacrifice prime maritime property to lure of higher lease rates for residential development.
  • U.S. issues new rule for dual-use China exports
  • Turnover for truck drivers at two-year high
  • S. Korea bans Tyson beef
  • China to aid U.S. in fight against counterfeiting
  • FedEx net up 7.4%
  • Security subcommittee checks Mexican truck plan
  • Schmidt takes Intermarine Shanghai post
  • Chiquita completes fleet sale
  • Vancouver container traffic up 6% through May
  • Diana receives Capesize bulker

Containerisation Internationalweb site
JUNE 20, 2007
  • Panama Canal board meet in Shanghai to analyse expansion progress
  • Russian gossip
  • HMM buys TK's Magnum units
  • Bananas direct to Dublin
  • Vancouver box traffic surges 6%

TradeWindsweb site
JUNE 20, 2007
  • Bjorn blames Wingfield
    Frontline boss Sjaastad says Stolt defendant backed further conspiracy with Odfjell back in March 2002, but then his story gets fuzzy.
  • Putin pens merger move
    Russian president signs off decree clearing way for merger of tanker giants Sovcomflot and Novoship.
  • Braemar buoyant
    Strong newbuilding activity and hefty dry-cargo rates set to stack first-quarter revenues at London broker.
  • Six held in UK
    UK coastguard says rate of detention slightly up in May compared to April.
  • ICG back in the pot
    Ferry-owner boss Eamonn Rothwell tables new bid for Irish Continental to match current rival offer.
  • ABG Heavy mulls feeder link
    Indian ports group wants shipping tie-up for Singapore run.
  • Tanker sinks off Yemen
    Nineteen seafarers rescued by passing ship after adverse weather sinks Panama-flagged chemical carrier.
  • China blamed for fatal collision
    Investigation by Chinese officials into sinking of Golden Rose pins most of the blame on Chinese-operated ship.
  • Ningbo Marine wants bulk trio
    Shanghai-listed shipowner selling shares to raise funds for fleet expansion.
  • ABG eyes rig market
    Indian shipbuilder planning to take slice of lucrative platform-making business.
  • Banks rapped over CSG spree
    China's banking regulator takes dim view of loan used by shipowner to play the stock market.
  • STX mum on quartet order
    Korean yard not giving identity of European owner behind four-ship bulker order away.
  • Tanker spill in Vietnam
    Two vessels collide outside Ho Chi Minh City with 400 litres of fuel leaking from gash in tanker.
  • Antson gets nod at Finnlines
    Finnish ro-ro owner's finance chief steps up to top job following resignation of Antti Lagerroos.
  • Damen signs Vietnamese deal
    Dutch shipbuilding group guarantees work for Song Thu yard over next five years.
  • Delphis does it again
    Another big boxship order in Korea for Alexander Saverys-led Belgian owner.
  • CCHC set to raise CNY15bn
    China Cosco Holdings Co sets A-share offer at top of indicative range on overwhelming demand.
  • In and out at Varun
    Mumbai owner acquires India's largest VLGC as Maharshi Vishwamitra is confirmed sold for scrap.
  • Pasha salvage suspended
    Storm force wind warnings force Svitzer team to call a halt to efforts to refloat grounded bulker.

American Shipperweb site
JUNE 20, 2007
  • Chiquita completes $227 million sale of ships
  • ESPMC-WITASS raising northbound rates
  • Intrepid Aviation firms order for 20 A330-200 Freighters
  • Volga-Dnepr to order three IL-76TD-90VD freighters
  • Indian Railways offers service guarantee for large industrial shippers
  • First train runs on Betuwe Route in Europe
  • Hangzhou Bridge connected, to open in one year
  • Jackson outlines vision for Secure Freight data clearinghouse
  • FedEx posts quarterly, fiscal year profit gains
  • China to cut or eliminate export rebates on 2,831 commodities
  • Sony Ericsson begins construction on Beijing plant
  • IAS names two new senior executives
  • Envirotainer names Peter VP sales
  • Ten Eyck joins Cardinal Logistics
  • Le Havre's TEUs up 26% after five months

The Scandinavian Shipping Gazetteweb site
JUNE 20, 2007
  • A slacker wire could have saved Bourbon Dolphin
    During the Royal Commission hearing about the illfated AHTS Bourbon Dolphin it was revealed that the tow master on the ...
  • Tallink dismiss another two Silja executives
    Tallink Silja has dismissed Johan Lindblad, former freight director and Matti Orama, former vice president for international sales and marketing ...
  • Scandlines sale confirmed by the owners
    The sale of the ferry operator Scandlines was confirmed Tuesday in Copenhagen by the Danish Minister of Transport, Flemming Hansen ...

The Bunker Bulletinweb site
JUNE 20, 2007
  • Mexico offers cheaper distillate
    Prices seeing only marginal increases as other regional ports firm.
  • Oil prices ease on US stock build
    Solid crude and gasoline inventory gains knocks oil price off peak.
  • New ARA barge ready for operation
    FTS/Hofftrans says medium sized vessel will be suitable for low-sulphur fuel oil deliveries.
  • Plans for new bunker terminal in South Africa
    Saldanha Bay project could import product if local sources run dry.
  • Rotterdam: Most suppliers fully booked this week
  • Hong Kong 180 cst material continues tight run
    Supply of 180 cst bunker grade has been tight for more than a month.
  • Ship collision causes oil spill
    Hundreds of litres of fuel oil spilled into a Vietnamese river.
  • Court imposes fine for bunker spill
    Firm involved in leak had asked for help in reviewing best bunker practice.
  • Kiel, Germany: Bunker station maintenance works

›››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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