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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
12:11 GMT+1
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BRIEFS
August 21, 2007
The Business Timesweb site
Shipping News
  • Tanker rates to Asia may rise on Sept demand
    The cost of transporting Middle East crude oil to Asia, the world's busiest market for supertankers, may rise as refineries start booking vessels to load in September and weather conditions threaten to delay shipping.
  • NOL average container revenue up 7%
    Neptune Orient Lines Ltd, operator of Asia's fourth-largest container line, said its average revenue per cargo box rose 7 per cent in the four weeks to July 27 because of higher demand to move sea cargo.
  • China shipbuilder's Q2 profit doubles
    China State Shipbuilding Co, set to become the country's biggest shipbuilder, doubled second-quarter profit as the company sold more diesel ship engines to equip a record number of vessels under construction.
  • Chile open to giving Bolivia access to Pacific Ocean
  • Seadrill bags US$570m ExxonMobil job

Sched Netweb site
  • Hamburg Sud names newbuild
  • Zhaoqing aims for 1m-TEU annual volume by 2011
  • APL launches Suez Express service to US east coast
  • US$193m Mumbai terminal project moves closer to fruition
  • WTSA to boost wastepaper rates
  • SAS pilots, crew agree to new contract
  • Schenker to set up office in Chengdu Aviation Logistics Park
  • DHL transports NBA trophy around Asia

Exim Indiaweb site
  • Frequent grounding of foreign vessels prompts DGS to tighten ISM code
  • Sharma & Associates consolidates position as legal services provider
  • CMA CGM launches Mediterranean service from Shenzhen
  • 13 mega boxships ordered from STX Shipbuilding & Daewoo
  • "K" Line named Lowe's Ocean Carrier of 2006
  • UK freight forwarders win insurance rule exemption
  • Horizon Lines announces organisational changes
  • Zim hikes freight rates to US ports by 10 pc
  • 4 Wan Hai boxships to operate in Grand Alliance's services
  • Leviathans battle whale of a problem
  • Trans-regional Customs clearance for 12 mainland Chinese cities
  • TSA adds capacity, fearing congestion at HK, Singapore, Shanghai
  • AADA to hike bunker surcharge in August
  • Shipping rates may extend gain on port delays
  • ECU Line offers Antwerp-Tripoli service
  • NOL optimistic of rising freight rates
  • $ 72.3-m earmarked for Black Sea box terminals
  • ECU-Line Antwerp offers service to Vietnamese port of Haiphong
  • Ficci outlines economic engagement model to double Indo-Japanese trade
  • Swaziland beckons investors
  • Jewellers' eyes twinkle at export prospects
  • Lanka to export 8 m pieces of garments to India
  • TN draws up plan to develop 16 ports
  • CONCOR to invest Rs 3,000 cr. to augment core facilities
  • Ex-im cargo dwell time at airports to be reduced to 3 days
  • Rlys fancies uniform 14 pc rate of return on private investments in SPVs
  • Friends Container Terminal augments handling equipment
  • BCHAA calls for separate service tax valuation rules for CHAs
  • Rs 2.83 lakh cr. sanctioned by banks & FIs for investment
  • Fieo urges FinMin to settle supplementary drawback claims via automatic route
  • Gujarat now top investment draw
  • Thursday deadline for states to clear pending SEZ proposals
  • PHDCCI calculates domestic trade at $ 1,100 bn by 2010

International Transport Journalweb site
  • Wincanton names new managing director finance
  • NOL reports profit
  • Muscat - KLM'S 60th intercontinental destination
  • ABX Air purchases extended range Boeing 767 Aircraft
  • Cargo-Partner extending Graz branch office

Maritime Global Netweb site
AUGUST 20, 2007
  • Private equity firm buys half stake in NCL
  • Hamburg Süd upgrades NZ service
  • UK boosts Bulgarian SAR

World Wide Shipperweb site
AUGUST 20, 2007
  • Environmental Impact Statement released for Astoria LNG facility
  • WTSA member carriers eye wastepaper rate boost
  • Women's Shipping Club looking for past members
  • Panama Canal Authority names CH2M Hill to management deal
  • Pair of shutdowns set for Shilshole Bay Marina tomorrow

Lloyd's Listweb site
AUGUST 20, 2007
  • Thoresen Thai latest to postpone bond issue
    FIRM is second shipowner from Thailand to postpone a bond issue in the space of a week as the credit crunch bites.
  • Thoresen Thai taps bond market and plans listing
  • Robust engine sales propel CSSC profits
    SHIPBUILDER posts 87% surge in its first-half net profits, lifted by robust demand for diesel engines.
  • Asian shipping stocks rebound
    CHINA Cosco leads charge as bulls return to Asian stock markets today.
  • Demolishing myths about recycling
    A ship recycling facility does exactly what a scrapyard did, so what's the point of using the new terminology?
  • Recovering value
    FOR about $30m or so, older ships are now being converted for lucrative new lives as large ore carriers.

Fairplayweb site
AUGUST 20, 2007
  • Clock ticking for NCL America
    Apollo Management's equity offer for 50% of Norwegian Cruise Line includes a specific plan to either revive the US-flag NCL America operation or liquidate it within 16 months
  • IGC directors back new bid
    THE directors of Irish Continental Group (IGC) have recommended that shareholders accept an offer of euro24 per share from the Aella management buy-out group
  • Hurricane Dean update
    MOVING into warmer waters after passing the Cayman Islands, Hurricane Dean's 240 km/hr winds are strengthening as it moves toward Mexico's Yucatan Peninsula
  • Second fire hits PNSC
    FIRE ravaged the head office building in Karachi of Pakistan National Shipping Corp yesterday, the second fire on the premises in seven months
  • Lessons from `Denden' accident
    A report by India's Mercantile Marine Department, probing the capsize of Eritrean ship `Denden' in June, has raised alarms over technical faults and lack of skilled manpower
  • India mounts ISM checks
    INDIA has tightened flag state and port state controls on foreign flag vessels visiting Indian ports and has started detaining ships for non-compliance of the ISM Code
  • Dean batters Kingston
  • Canal project manager selected
  • Hyundai opens subsidiary in Italy
  • Shipping shares pick up
  • Star shares nose-dive after NCL Corp deal
  • Dean spreads destruction across Caribbean

The Journal of Commerceweb site
AUGUST 20, 2007
  • Container ship orders hit record high
    Buying spree tops the mark set in 2003 and, with four months left in the year, shows no signs of letting up.
  • WTSA to boost wastepaper rates again
  • DHS urged to delay acquisition of radiation monitors
  • Dean bears down on Mexico, Central America
  • Customs unveils new ACE capability
  • APL's rate recovery continues
  • Going price for Irish Container Group hits $826 million
  • Concor expands service to ease Nehru congestion
  • Rickmers Maritime orders four boxships
  • Federal Maritime Commission to reopen Houston office
  • Menlo Worldwide unit wins huge defense contract

Containerisation Internationalweb site
AUGUST 20, 2007
  • Shreyas/OEL takes delivery of its first ship
  • ICG supports increased management offer
  • Currency exchange and freight rates affect RCL's interims
  • WTSA takes rate actions

TradeWindsweb site
AUGUST 20, 2007
  • B Navi drug bust
    Venezuelan authorities are holding a B Navi bulker and crew after finding 129 kilos of cocaine taped to the hull.
  • MBC makes much more
    Robert Kuok's company rides better bulker market to higher first-half profit.
  • Navios revs up
    Klemiar purchase and higher FFA gains see revenue and profit soar at Greek bulker owner.
  • Murmansk lines up conversion
    Russian owner to turn nuclear-powered cargo vessel Sevmorput into drillship.
  • Wilson nets five
    Norwegian bulker owner buys five small units it had on charter from Germany's Wessels Reederei.
  • Smit ship aground
    All crew winched off Dutch-operated research vessel up on rocks off North Wales.
  • Fesco buys Vladivostok
    Russian boxship owner takes 50% stake in port for $90m, with remaining shares to follow over three years.
  • Fantaasia for Master Ferries?
    Tallink ferry could soon have new role for Norwegian owner between Norway and Denmark.
  • Japan detains 29
    Astro Shipmanagement vehicle carrier in hot water for oily water separator deficiency in July.
  • NOL still behind
    Low rates at the start of the year mean Neptune Orient Lines is still down on the year-to-date revenue figure.
  • ICG accepts Aella offer
    Management buyout team pushes offer for Irish ferry group up EUR 2 a share to bring sale closer.
  • TTA pulls bonds
    Thai owner meets investor reluctance to buy debt in market dogged by sub-prime mortage problems.
  • Great Offshore linked to Petrojack
    Indian offshore player reportedly mulling offer for Norwegian jack-up rig company.
  • CSSC powers to bigger profit
    Chinese state shipbuilding group boosted by sales of ship engines in first half.
  • Second fire at PNSC HQ
    Officials not ruling out terrorism after another Sunday blaze at Pakistan national owner's Karachi base.
  • Chandran keeps buying
    Chemoil chief executive snaps up another 7.7m shares as stock price remains under pressure.
  • Apollo takes NCL stake
    US private equity firm pays $1bn for 50% stake in Norwegian Cruise Line parent NCL Corp.

American Shipperweb site
AUGUST 20, 2007
  • APL reports high demand for new trans-Suez service
  • APL's Sappio: 2008 "a tough year"
  • WTSA raises wastepaper rates again
  • Carriers upgrade Asia/Australia-New Zealand service
  • NYK sets up Pakistan subsidiary
  • Fire ravages Pakistan shipping line building
  • DOT moves forward with U.S./Mexico cross-border truck program
  • Menlo Worldwide wins major DoD 3PL contract
  • Hurricane Dean slams Jamaica, heads for Yucatan
  • Panama Canal taps CH2M Hill for expansion management
  • L.A. City Council O.K.s $17 million liquid bulk terminal lease buyout
  • Port of Palm Beach TEUs rise

The Scandinavian Shipping Gazetteweb site
AUGUST 20, 2007
  • Master Ferries 2006 losses of NOK 54 million
    Master Ferries in Kristiansand, Norway has had losses of NOK 54.0 million in the first year of operation. As a ...
  • Star to sell half of NCL
    Star Cruises is to sell 50 per cent of Norwegian Cruise Lines to the American investment company Apollo Management for ...
  • More fast ferries to Bornholm
    A majority in the Danish parliament has confirmed a proposal concerning the future service to the isle of Bornholm. The ...

The Bunker Bulletinweb site
AUGUST 20, 2007
  • Jamaica bunkering closed
    Port curfew in place and communications uncertain.
  • Rotterdam barge market easing with crude
    Prices easing this afternoon, but ARA bunker market may not benefit much from increased Russian exports.
  • Shipping shares hurt by fuel gains
    Analysts taking careful approach to shares in Asian shipping lines as rising costs could hurt profits.
  • Dean shuts down ports
    Some oil fields and platforms in the Mexican Gulf region have also been shut down and evacuated.
  • Company in talks on Kuwait refinery project
    Refinery, scheduled to be the largest in the Middle East, will produce low sulphur fuel oil.
  • Very quiet market in Rotterdam
  • Hurricane Dean intensifies
    After battering the Caribbean, Dean is projected to be Category 5 storm before hitting Mexico or Texas.
  • Price war brewing in China's bunker market
    Brightway, already competing with Hong Kong on price in Shenzhen, reveals ambitious bunker service expansion plans in China and beyond.

›››File
FROM THE HOME PAGE
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio
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