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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:02 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
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%)
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
COMPANIES
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
COMPANIES
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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