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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:45 GMT+1
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BRIEFS
November 22, 2007
The Business Timesweb site
Shipping News
  • DP World share offer 15 times subscribed
    Dubai sold US$4.96 billion of shares in port operator DP World at the top of indicative prices, valuing the world's fourth- largest container handler at US$21.58 billion in the Middle East's biggest initial public offering (IPO).
  • Global cargo gauge flags record economic growth
    A gauge of global cargo demand is signalling record- breaking economic growth even as US imports slow, suggesting that emerging powerhouses China and India are pulling enough weight to counterbalance a downturn in the world's biggest economy.
  • Cosco to sell containers to Austrian firm
    Cosco Pacific Ltd, Asia's third-largest container-terminal operator, agreed to sell sea-cargo boxes to Austria's SLI Dritte Verwaltungsgesellschaft mbH & Co KG for US$194.7 million to fund other investments.
  • Judge issues order to detain freighter
  • Law on pollution legal: EU court

Sched Netweb site
  • CSCL hopes to raise $1.6 billion from Shanghai listing
  • Schenker China to receive legitimate licences for NVOCC business
  • Ningbo-Asean trade surges 40pc in first three quarters
  • Evergreen to offer Southeast Asia-Australia service
  • APL launches Hainan-Vietnam service
  • Strikes at Cochin Port raises DP World doubts about building new terminal
  • DB super board tells management to stand against strikers' demands
  • SIA Cargo flies between Belgium and USA using '7th Freedom' rights
  • AirBridgeCargo takes first of three Boeing 747-400ER freighters
  • Egyptair 24th airline to join Cargo 2000 standards group

Exim Indiaweb site
  • Maersk Line adjudged 'Container Shipping Line of the year'
  • BIFA questions FEFC decision to impose congestion charge
  • CSCL expanding rapidly as integrated logistics service provider
  • National Waterways III inaugurated
  • Handicrafts, carpets exports hit by rupee appreciation
  • Soyameal exports to China may treble
  • Talks on trade through LoC soon
  • Iran now a major market for Basmati
  • Tata Steel, SAIL agree to KoPT plan to reserve 2 berths at Haldia for handling coal, coke
  • 11.29 pc rise in Rlys' goods earnings during April-Oct.
  • ETA Engineering to begin container train services on ICD Loni-JN Port sector from tomorrow
  • GST may have dual format at Centre, state
  • MEP of onion reduced by $ 75 a tonne
  • Coir industry seeks additional concessions to face effect of rupee appreciation

International Transport Journalweb site
  • Dieckmann leaves Kerry Logistics
  • Le Havre reports good results
  • Qatar Airways orders Boeing aircraft
  • FedEx named official Baselworld courier service provider

Maritime Global Netweb site
NOVEMBER 21, 2007
  • EU advocate general's mixed opinion
  • Shipping's new green guide
  • Greece gives US$1m to Straits project
  • Ocean Heavylift builds business

Marine Logweb site
NOVEMBER 21, 2007
  • Arrest warrant for Cosco Busan

World Wide Shipperweb site
NOVEMBER 21, 2007
  • Washington State Ferries pulling Steel Electric class vessels
  • US sees trade numbers jump with Canada, Mexico during '06
  • Entry deadline nearing for Bellingham gingerbread contest
  • Horizon Lines revising fourth quarter, full year numbers
  • Cargill adds web site focusing on grain industry

Lloyd's Listweb site
NOVEMBER 21, 2007
  • BNP Paribas tells SembCorp to pay up
    BANK demands $50.7m to cover forex losses, with threat of winding-up order for Jurong Shipyard if it is not paid.
  • SembCorp stumps up $115m to cover unauthorised foreign exchange deals
  • Wah Kwong mulls Hong Kong listing
    BULKER operator could relist on Hong Kong bourse as it considers options for future development.
  • DP World raises $5bn from IPO
    PORT operator's share sale valued at $4.96bn and was 15 times oversubscribed.
  • High flyers become future leaders at Euromed Marseille
    THE founding class of 2008 prepare to hit the books at Marseilles' newest business school.
  • Spreading the careers word
    THE UK Merchant Navy Training Board has done well in getting young people interested in a sea career.

Fairplayweb site
NOVEMBER 21, 2007
  • H&W agrees recycling partnership
    HARLAND and Wolff has entered into a collaboration to offer recycling services for European ships
  • CBP unbends the rules on cruise
    US Customs & Border Protection has proposed stricter rules for foreign-flag cruise ships sailing predominately US itineraries
  • Jamaican flag dreams in millions
    JAMAICA is intent on amassing 1M GT in its ship registry by 2010, according to the country's new minister of Transport and Works
  • Petro-Canada in panic at St Pete
    PETRO-Canada petitions Russian gas giant Gazprom for a decision as it procrastinates over a new LNG plant and tanker terminal near St Petersburg
  • NeKo gets cold feet on Baltic ferry
  • BIFA bashes FEFC over surcharge
  • Palm oil restriction back at Cochin
  • Indian shipyards on subsidy strike
  • Red Sea ferry fleet cut by half
  • Ulstein expands engineering base
  • OSG lightering protected
  • Phils extends bareboat chartering
  • Warrant out for Cosco Busan
  • Crew refused bail again in Greece

The Journal of Commerceweb site
NOVEMBER 21, 2007
  • DP World IPO oversubscribed
    The stock offering, priced at the top of its indicative range, will capitalize fourth-largest terminal operator at $21.6 billion.
  • Japan-U.S. trade gap shrinks
  • Rotterdam ups harbor dues
  • No German rail strike for now
  • Nehru wants DP World to handle transshipments
  • British Airways to expand Heathrow perishables
  • New box station for Cochin
  • NYK inks China ore deal
  • Trade pact for Japan, ASEAN
  • 'K' Line files FMC complaint against shipper groups
  • Global economic slowdown seen in short term

Containerisation Internationalweb site
NOVEMBER 21, 2007
  • Oil price about to breach USD100
  • More needs to be done says IMO chief
  • Canadian Pacific Railway and union seek compromise
  • MSC back new Santos port
  • DPW shares priced at USD1.30

TradeWindsweb site
NOVEMBER 21, 2007
  • Danes slam hijacked master
    Maritime authority says captain didn't do enough to protect his crew before pirates boarded the ship in June.
  • Bendtsen hoists Danish flag
    Denmark's shipping minister tells TradeWinds Maritime Outsourcing Forum that the country is ready to challenge London and other cities as a global shipping centre.
  • Minoan powers on
    Athens-listed ferry owner banks higher profits despite reduced sales.
  • More pain for SembCorp
    French bank BNP Paribas wants payment for forex losses run up by Singapore yard's sacked finance chief.
  • 'Not a casino boat'
    Discovery Cruise Line issues a statement contradicting media descriptions of the company as running a casino boat.
  • Sinotrans hits top gear
    Hong Kong IPO valued at $1.42bn after bulker owner sets final offering price.
  • Sembawang wins conversion work
    Singapore yard to turn up to six ferries into offshore accommodation ships for Equinox.
  • Ruias rampant
    Essar brothers seventh on India's rich list ' topped once more by steel tycoon Lakshmi Mittal.
  • Washington pulls ferries
    Aging ferries serving Washington state's islands are pulled from service after sistership shows hull damage.
  • Smit swells forecast
    Rotterdam-based group predicts 35% rise in annual profits.
  • Hess vows to appeal
    The company proposing an LNG terminal in Massachusetts plans to appeal the US Coast Guard's rejection of the Weaver's Cove LNG terminal.
  • No mistakes for Westgarth
    Teekay Maritime Services president tells TradeWinds Maritime Outsourcing Forum that emphasis must always be on quality.
  • Lund looks up
    First Olsen banking on improved fourth quarter following the departure of the Bulford Dolphin drilling rig.
  • Belief strong at Bottiglieri
    Boss Mariella Bottiglieri bets money on post-panamax newbuildings ahead of Panama Canal widening.
  • Only OSG, judge rules
    Delaware judge overturns ruling that allowed another company to conduct vessel-to-vessel lightering in the Delaware Bay, the protected turf of an OSG subsidiary.
  • Judge orders Busan arrest
    US federal judge issues an arrest warrant for the Cosco Busan over San Francisco Bay bunker spill.
  • DP World IPO worth $4.96bn
    UAE port operator sets Middle East record after bumping up offering due to increased demand.
  • Morel gets tough
    InterManager chief wants shipmanagers to sign up to ethics code from 1 January, following revelations of shady practices.
  • Echevarria a big German fan
    Boxship players NSC's success could not have happened without KG system and tonnage tax, boss tells TradeWinds.
  • Ocean working harder
    Norwegian offshore owner sees profits increase due to higher fleet utilisation.
  • Cosco's box bonanza
    Hong Kong-listed company nets $194.7m from the sale of several thousand containers.
  • Nordic mulls share issue
    Speaking at TradeWinds Maritime Outsourcing Forum, Danish tanker owner's Flemming Sorensen says stock sale on the cards next year.
  • Fair enough
    Lauritzen's Torben Janholt launches defence of bulker pools that have swamped Danish owners in cash.
  • NCL's numbers red
    Norwegian Cruise Line parent posts an $8.59m loss after suffering losses on foreign exchange rates on euro debt.
  • More to Singapore
    Success as shipping hub not just about tax incentives, Singapore Maritime Foundation's Dato Jude Benny tells TradeWinds.
  • Willingale reaches out
    V Group director says shipmanager's broader strategy is to link up with partners for new business.
  • Election gets Hansen's vote
    Danish Shipowners' Association bigwig says snap poll bodes well for country's marine industry.
  • Three rescued from Kamyust-1
    Russian crew saved from cargoship that went down in Caspian Sea storms, but nine still missing.

American Shipperweb site
NOVEMBER 21, 2007
  • China Shipping plans more activity on Shanghai stock exchange
  • COSCO Pacific sells containers for $195 million
  • Cargolux adds second Kazakhstan city to network
  • UPS's Teamster employees approve new contract
  • US Airways to start Philadelphia-Heathrow flights
  • FAST trucker caught at Calexico
  • Senator seeks fixes, review of DHS scanning contracts
  • CBP faulted for no-bid contract to Alaskan tribe
  • Survey: Online shopping growing
  • Leavitt to visit Port of Houston, China
  • ITC: No duties for coated free sheet paper imports from Asia
  • PepsiCo CEO joins U.S.-India Business Council board
  • Mattel contracts Geodis to manage North Europe DC
  • FMC reviews 9 OTI license applications
  • Palm Beach "inland port" proposal taking shape
  • DP World raises $4.9 billion in stock sale
  • Cherin appointed Long Beach port executive officer
  • Contaminated Hudson River dredge spoil to be shipped to Texas
  • Baltimore shipyard owner's problems widen
  • Port of Rotterdam increases 2008 harbor dues
  • Port of Le Havre box volume up 26.4%
  • Aker Yards engages JP Morgan to explore international options

The Scandinavian Shipping Gazetteweb site
NOVEMBER 21, 2007
  • Color Line sells Color Festival ' and close down route
    Norwegian Color Line has sold the Color Festival, built in 1985, to Medinvest SpA (Corsica Ferries). The price tag is EUR 49 million. The Prinsesse Ragnhild, which today traffics the Vestland service, is to replace the Color Festival on the ...
  • V.Navy in green recycling project
    Harland and Wolff Heavy Industries and Golder Associates will together with V.Navy provide a full-service, environmentally sound and socially responsible ship recovery and recycling service in Belfast. The services will be available to both commercial- and military ships. ' For ...
  • First new Sundbus arrived at Helsingør
    The first of the new passenger vessels to Ace Link (the former Sundsbussarna) has finally arrived at Helsingør. The ship, Simara Ace, arrived yesterday from Gdansk, Poland, where it has been built by Remontowa over a period of more than ...

The Bunker Bulletinweb site
NOVEMBER 21, 2007
  • DOE shows unexpected oil inventory draws
    Report shows decline in US crude oil imports and stocks, distillates as well.
  • US Defense Department looking for African bunker suppliers
    Purchases will be made using the SEA Card system.
  • North Sea SECA can be fully enforced
    Loophole closes as IMO regulations catch up with European Union rules.
  • Fire at Durban Refinery
    Storage tank still burning more than 30 hours after being struck by lightning.
  • Rotterdam market firm in line with barges
  • Japanese traders eye newbuilds
    Seven 6,200 mt bunker tankers being built in China slated for delivery from early next year.
  • Japanese supply shortage set to ease
    Nippon Oil to resume supplies to the bunker market.
  • Auckland: Tight avails until December
    Next replenishment due on December 10.

›››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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