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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
23:12 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
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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