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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:31 GMT+1
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BRIEFS
May 25, 2007
The Business Timesweb site
Admiralty Casebook
  • Charterer wins appeal against order to pay deadfreight
    A VOYAGE charterer won an appeal in an English court last week against a ruling to pay 'deadfreight' for cargo it did not load into a tanker because the vessel could not have departed the loading port safely if all the cargo had been loaded.

Sched Netweb site
  • MOL to revise India/Pakistan/UAE to Africa services
  • Fifth 11,000-TEU mega-ship to join Maersk Line's fleet
  • GAC links up with SkillSoft and Catalyst to form online global academy
  • Northport aims to be at forefront of Malaysia's halal distribution
  • Kenya Ports contracts off-dock CFSs to decongest Mombasa port
  • West coast North American ports plan to restrict port pollution
  • Dubai International Airport cited for cargo efficiency
  • EADS, Jupiter Aviation in talks to convert jets to freighters
  • Rising market demand drives growth for air freighters

Exim Indiaweb site
  • m.v. KMTC Keelung makes maiden call at JNP as part of KMTC's KMS service
  • Colombo Dockyard holds the edge
  • ABG signs MoU for acquisition of Vipul Shipyard
  • PSTS Logistics to test coastal shipping waters
  • Baltic Exchange keen to enter forward freight contracts biz in India
  • Navigational feat by Nord Scan Line in rough seas
  • Tatas scouting sites for car plant near Mundra port
  • L&T now considering building integrated port-cum-shipyard
  • NBHC, Bank of India sign MoU on warehouse receipt funding
  • Fieo felicitates Filipino trade team

Marine Logweb site
MAY 24, 2007
  • Hanjin Philippines wins orders for 12,800 TEU box ships
  • Marad Advisory on Somali piracy
  • Suez LNG moves ahead on U.S. crew deal
  • India's ABG set to buy Vipul Shipyard
  • LNG carrier sold for scrap

Lloyd's Listweb site
MAY 24, 2007
  • China in line to take shipowning title
    CONSULTANT predicts Chinese shipping companies could unseat Greek owners within 10 years.
  • Order boom lifts Greek owners' bank borrowing beyond $46bn
  • Greece urged to speed up port privatisation
    HELLENIC Chamber of Shipping calls for urgent privatisation of container operations at country's top ports.
  • Erika master to seek damages from RINA
    CAPTAIN Karun Mathur springs surprise by announcing he intends to sue class society.
  • Breaking fresh ground in 'New Arctic Ocean'
    AS Artic ice melts it is revealing a host of opportunities for many sectors of the shipping industry.
  • Where coal is still king
    SUBSTANTIAL investment is being channelled towards developing China's expanding coastal coal trade.

Fairplayweb site
MAY 24, 2007
  • Carnival confirms jv delays
    MIAMI 24 May ' Carnival Corp has conceded that its proposed joint ventures with Germany's TUI and Spain's Iberojet will not close in 1H07 as previously planned
  • Greens call for Lakes 'salty' ban
    Environmental groups have called for a stop-gap ban on ocean-going ships entering the Great Lakes until legislation addresses the invasive species issue
  • Slower growth for Schiffsbank
    HIGHER unscheduled repayments from cash-laden ship owners and the weaker US dollar checked Deutsche Schiffsbank's growth last year
  • Tanker orderbook hits new high
    he global tanker newbuildings orderbook has reached its highest-ever level, according to one shipping analyst, although the risk of oversupply has also risen
  • Seoul stops food for North Korea
    SOUTH Korea has postponed the shipment of 400,000 tonnes of rice to the communist North, making it conditional upon Pyongyang's dismantling of a nuclear reactor
  • SCI plans shipyard, dredger ventures
    SHIPPING Corp of India is looking to move into shipbuilding, and plans to join a consortium with a public sector builder and overseas yard in a west coast project
  • CCNI launches new GEX service
  • Senior Santos directors to be axed
  • Norway, Russia near border agreement
  • MUA signs LNG 'solidarity' agreement

The Journal of Commerceweb site
MAY 24, 2007
  • Vancouver port containers moving despite Canadian Pacific rail strike
    Intermodal traffic at the Port of Vancouver is moving freely despite a strike by unionized track maintenance workers.
  • Truck e-filing mandated in two more states
  • CEVA wins EGL bidding
  • CCNI upgrades U.S.-LatAm
  • U.S.-China pact to boost airfreight competition
  • Bray leaving Virginia ports July 1
  • New coal carrier for "K" Line
  • APL plans India box trains
  • Loss for Air France-KLM cargo
  • TCI profit soars
  • Pierce: End in sight for discussion agreements

Containerisation Internationalweb site
MAY 24, 2007
  • CMA CGM outlines strategy for CNC
  • Grand Alliance increases capacity on Asia / US East Coast service
  • CEVA Group buys EGL
  • Flexible box ships for Hapag-Lloyd
  • CIG Yangtze Ports invests in Wuhan

TradeWindsweb site
MAY 24, 2007
  • Norway nods
    OMI acquisition by Teekay and Torm finds no trouble with Norwegian regulators.
  • Another two for Palmali
    Istanbul-based owner back at MNP's Krasnoye Sormovo for second and third tankers in series.
  • Belgian bulker play
    Bocimar confirms selling one vessel for about the same price it is paying for a second.
  • TUI converts
    Tourism-to-shipping group wins bond terms at the high end of expectations.
  • TBS cools
    The niche-market owner has been red hot, but it shares fell more than 6% today in New York.
  • L&T wants a port
    Indian group aiming to combine terminal with planned $454m domestic shipyard.
  • Charman loses appeal
    Millionaire underwriter loses legal battle over $95m divorce settlement.
  • Fincantieri short of cash?
    Unions claim Italian yard group facing shortfall of at least EUR 400m in working capital ahead of IPO.
  • Navios scores a perfect $10
    Equity offering prices close to historic high as bulk owner prepares to pick up $130m.
  • Unions in LNG pact
    American and Australian unions sign deal aimed at reviving Malibu LNG plan terminated by governor Arnie.
  • Nielsen jumps ship
    Long-term Aker group insider departs to join newly separate Aker Yards.
  • BW Gas breaks LNG mould
    Norwegian owner sends 34-year-old unit to Indian breakers in first LNG scrap deal in years.
  • PSTS pursues coastal shipping
    Indian logistics player looking for partner to launch own fleet.
  • TUI wheels out convertible
    German group banks on bond issue to provide cheaper finance as losses mount.
  • Aegean adds bunker tanker
    Greek owner buying double-hulled unit from Sirius of Sweden.
  • Seoul bound
    STX Pan Ocean has said it now intends to seek a dual listing on the Korea Stock Exchange.
  • Norden toasts record
    Danish tanker and bulker owner nets highest quarterly profit as dry-cargo rates soar.
  • ABG snaps up neighbour
    India's biggest private shipbuilder expanding with acquisition of Vipul Shipyard.
  • Colombo in pole
    Sri Lankan shipyard has lowest bid in SCI's five-ship AHTS tender.
  • Hanjin builds biggest boxships
    German owner NSC spending $1.27bn on eight massive 12,800-teu vessels in the Philippines.
  • Golar grabs record profit
    But Oslo-listed owner's weaker operating performance masked by sale of newbuilding.
  • Coal quotas get green light
    Demurrage bills set to fall by AUD1m a day after authorities approve Capacity Balancing System at Newcastle.
  • Mighty Servant 3 refloated
    Smit Salvage brings sunken Dockwise heavylift ship to the surface off Angolan coast.
  • Ezra spends again
    Singapore firm takes recent investments to over $100m with order for second pipe-laying barge.
  • Sugar coated
    Profits fall 85% at Ow Chio Kiat's Singapore Shipping, but investors are set for a bumper payout.

American Shipperweb site
MAY 24, 2007
  • Seaspan receives last of 4,250-TEU box ships for Hapag-Lloyd
  • "K" Line launches another post-Panamax Corona coal carrier
  • OceanSchedules.com: Se habla Espanol
  • U.S., China sign major pacts on aviation services, IPR enforcement
  • Avion Aircraft firms A330-200F orders, adds two to list
  • Great Lakes conservationists want moratorium on oceangoing ships
  • CEVA group wins bidding war for EGL
  • U.S.-Indonesia trade talks focus on textiles, logging issues
  • TUI launching convertible bond
  • Descartes profits down
  • China-Vietnam looking at low tariff trans-border zone
  • Italian retailer outsources food warehousing to Kuehne + Nagel
  • Savi scores Swedish military deal
  • CBP discovers worrisome beetle in Miami
  • New Jersey firm working with German retailer on RFID tags
  • Experts: L.A. organized crime aids terrorists, city is top target
  • India shipping ministry tells planning commission to butt out
  • U.K. report suggests trust ports lag private sector
  • New York seeks more TWIC enrollment centers
  • Former NYK executive named Long Beach marketing manager
  • Port Canaveral names Curry director of operations

The Scandinavian Shipping Gazetteweb site
MAY 24, 2007
  • Two crewmembers died in cargo hold
    Yet another tragic and fatal accident has occurred where sailors has entered an unventilated cargo hold. The general cargo ship ...
  • EU proposal on compulsory owner financed ship disposal fund
    The EU Commission proposes in a green paper on safe and environmentally sound ship disposal that a ship disposal fund ...
  • Above normal Atlantic hurricane season predicted
    Experts at the US National Oceanic and Atmospheric Administration (NOAA) are projecting that the Atlantic hurricane season will be above ...

The Bunker Bulletinweb site
MAY 24, 2007
  • Barge fuel spill in Great Lakes
    Coast guard responding to marine diesel oil spill following internal fuel transfer.
  • Russia faces fuel oil glut
    Refiners hope to export more product via St. Petersburg.
  • Bunker hedges save operator $5 million
    Norden reports highest ever quarterly interim profit.
  • Fruit importer hit by bunker price rises
    Fyffes forced to cut its 2007 earnings target.
  • Statoil manager to leave
    International bunkering manager prepares for June departure.
  • Fuel oil traders 'watching developments'
    Morgan Stanley 'close' to signing lease on floating storage unit in Asian fuel oil market.
  • Rotterdam market firms Thursday morning
  • Singapore: Residual fuel stocks fall
    Lower stocks attributed to smaller volume of arbitrage cargo arrivals.
  • Lanka IOC to supply bunkers this year
    Bunkering operations to start at Trincomalee before expanding to Colombo and Hambantota.
  • Aegean buys another double-hull vessel
    Aegean adding a 7,000 dwt bunker tanker to its fleet; Q1 bunker volumes up 41%.
  • Tightness persists in HK
  • Report urges OPEC to increase output
    Oil output must be raised to avoid crude prices surging to record levels, says energy research group.

›››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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