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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
12:14 GMT+1
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BRIEFS
July 26, 2007
The Business Timesweb site
Shipping News
  • Coal, iron ore cargo rates may rise further
    The cost of shipping coal, iron ore and other dry-bulk goods may rise from a record on speculation Japanese utilities will buy more fuel for power plants after an earthquake prompted the closure of several nuclear reactors.
  • Pacific Basin to buy stake in Nanjing port
    Pacific Basin Shipping Ltd will buy a 45 per cent stake in a terminal in Nanjing, its first in China, because of the country's rising use of steel and other metals.
  • DHL Express appoints Dennis Tan as senior VP
    Global logistics group DHL Express yesterday announced that it had appointed Dennis Tan as senior vice-president and head of global express controlling, with effect from July 12.
  • Russia starts North Pole seabed mission
  • Grindrod gets nod to invest US$80m in Maputo Port

Sched Netweb site
  • OOCL names 4,578-TEU newbuild, second of 16 from Samsung yards
  • Zhejiang to invest US$5 billion on water transport systems
  • GGL Line opens Hong Kong office to boost intra-Asia trade
  • Rising Port of Incheon seeks opportunities in south China
  • Maersk Logistics Indonesia named best in Singapore competition
  • Kuehne + Nagel posts 27.5pc profit increase in first half
  • Australian mayor seeks to block containerised lead shipments
  • UPS takes delivery of first of thirteen 747-400 freighters
  • Qantas unveils logo, a variation on old 1944 kangaroo theme
  • GSAs appointed worldwide before Cargo B takes off mid-September

Exim Indiaweb site
  • SC judgment to expedite receipt of shipping firms' insurance claims
  • Precious $ 360-m order for ABG Shipyard
  • Logistics seminar speakers stress on optimum use of inland water transport system
  • SCI to raise $ 300 m through ECBs
  • Exporters cry foul as China enforces dual duty structure on guar gum products imports
  • Bahrain keen on FTA with India
  • Talks on FTA & tariff cuts resumed with Korea
  • DPC seeks foreign loan to dredge Dhamra port waters
  • 7 airports to be built under PPP model in state
  • State govt fancies jaggery export zones

International Transport Journalweb site
  • Dosé quits Gulf Air
  • Crossrail has a new director
  • Panama Canal Authority awards contract
  • Hungary: Twelve bidders for MAV Cargo
  • Panalpina investigates business practices in certain countries

Maritime Global Netweb site
JULY 25, 2007
  • Resist hostile lawmakers says P&I chief
  • PNTL orders two more nuke carriers
  • Iraqi fishermen fire at boxboat
  • Precious orders 12 handysize ships
  • Euronav's half year figures up

Marine Logweb site
JULY 25, 2007
  • Dubai Drydocks reports 90% acceptance of PUM offer
  • Pride acquires newbuild drillship
  • Eagle Bulk in $1.1 billion expansion

World Wide Shipperweb site
JULY 25, 2007
  • Port of Vancouver/Wallenius ink Letter of Intent for development
  • Port of Anacortes taps Johnson as finance/administration director
  • NYK joins with shipbuilders to fund shipping technology courses
  • Port of Tacoma celebrates 25-year partnership with Mitsubishi
  • Eagle Bulk Shipping buying fleet of 26 Supramax vessels

Lloyd's Listweb site
JULY 25, 2007
  • Eagle Bulk splashes out on supramaxes
    COMPANY to buy 26 vessels in a $1.1bn deal, which will more than double its fleet size.
  • Eagle eyes expansion of fleet as revenue rises
  • Tanker giants given hefty upgrades
    STRONGER than expected second quarter freight rates prompt Jefferies to lift share price targets and 2007 earnings estimates.
  • Britain beefs up port security
    PASSPORT and customs checks to be brought together under new uniformed border force.
  • 'Maverick' is Brazil ports' role model
    RAINBOW Nelson speaks to the larger-than-life superintendent of the Port Authority of Paranagua and Antonina.
  • Too many cooks
    THE EU's meddling into the port planning arena has attracted the wrath of a substantial collection of port interests.

Fairplayweb site
JULY 25, 2007
  • Boluda to purchase Les Abeilles
    Spain's Boluda Group is poised to acquire French tug company Les Abeilles from the French Bourbon Group
  • LR works on Bayonnemax vessels
    LLOYD'S Register is working on new Panamax vessel designs that can trade into ports worldwide and meet the air draft requirements of NY&NJ's Bayonne Bridge
  • Panalpina is target of bribery probe
    THE Nigerian operations of Swiss freight forwarder Panalpina are being investigated in relation to bribery allegations
  • DKB shipyard in joint venture
    C&HEAVY Industries in South Korea has signed an MOU to team up with with DKB Shipbuilding in Indonesia
  • Kinder Morgan buys into Mid-Ship
    KINDER Morgan Bulk Terminals has purchased a minority interest in the logistics company Mid-Ship Marine
  • Eagle Bulk acquires 26 Supramaxes
    EAGLE Bulk Shipping has acquired 26 Supramaxes for $1.1Bn, just days after Genco confirmed a similarly-priced transaction
  • UK's MCA likely to run Sunk VTS
  • Pacific Basin takes handy port stake
  • Master guilty of delayed reporting
  • General strike shuts Israeli ports

The Journal of Commerceweb site
JULY 25, 2007
  • Strike threat as ILWU talks reach impasse
    Employers say contract talks with office clerical workers in Port of Los Angeles-Long Beach have reached an impasse.
  • ILA to put local under trustee
  • Panalpina in U.S. fraud probe
  • Northwest ups fuel charge
  • Norfolk Southern sees Q2 intermodal revenues fall
  • Miami tunnel moves ahead
  • Japan trade gap widens
  • India lines withdraw Rotterdam fee
  • Le Havre boxes up 26%
  • Congestion slows Chennai traffic
  • Kinder Morgan buys stake in Mid-Ship Marine

Containerisation Internationalweb site
JULY 25, 2007
  • Capital Lease sold to DVB Bank/Textainer venture
  • Brazilian senate vetoes proposed import/ export tax reduction law
  • New Tangiers container terminal open
  • JV established to develop a new Dalian container terminal
  • Melons are the attraction.....

TradeWindsweb site
JULY 25, 2007
  • ABG edges up
    Indian yard which scooped 12-ship order from Precious Shipping sees first-quarter profit rise slightly.
  • Taking flight
    Eagle shares soar to record high on news of 'transforming' $1.1bn deal.
  • OSG buys two LRs
    Pair of 2006-built units from German KG Jacob will enter Panamax International pool.
  • Eagle pounces on 26 ships
    Eagle Bulk Shipping has compounded its size with a massive $1.1bn deal to acquire 26 supramax newbuildings.
  • Hire gains boost OSG
    Better year-over-year rates in four tanker classes carry New York owner to narrow earnings beat.
  • Capital payout
    Marinakis public vehicle hits first dividend target.
  • Zim pens quartet at CSBC
    Israeli owner also holds two options for 1,700-teu units in maiden voyage to Taiwanese yard.
  • Dhamra date set
    Indian joint-venture port between Tata Steel and L&T to be completed by early 2010 at $510m cost.
  • IHI moves into Vietnam
    New design unit aimed at tackling staff shortage problems.
  • Pac Basin takes terminal stake
    Hong Kong bulker owner takes 45% slice of new terminal in Nanjing to open next month.
  • Japanese jump
    Stocks in three major shipping lines surge on newspaper reports of huge profit increases.
  • Stocks pull back
    After weeks of bullish gains economic concerns send shares in US-listed drybulk owners downwards.
  • Jan De Nul back in China
    Belgian dredging contractor extends relationship with Tianjin Xinhe with order for eight vessels.
  • Mitsui inks more nuclear ships
    Pacific Nuclear Transport orders two vessels to ship nuclear material between Europe and Japan.
  • SCI ready to move
    Indian state-owned giant plans to firm up sextet of orders worth $400m soon after government go-ahead.
  • Arlington edges up
    Stena tanker outfit sees profits up 10% on gain from interest rate swap agreement.

American Shipperweb site
JULY 25, 2007
  • FEFC's westbound volumes continue to soar
  • Carriers partner for Korea/China/India service
  • Euronav's first half profit up 8%
  • NWA Cargo raising domestic fuel surcharge
  • CORRECTION: UPS operating income up 6.5%
  • Court strikes down trucking hours rule
  • U.S. House hammers cross-border truck plan
  • Indian Railways to seek nearly $2 billion in outside financing
  • Canadian Pacific's profit down 32% in 2nd quarter
  • BNSF sees net profit drop, revenues increase
  • Norfolk Southern profit up 5% in 2nd quarter
  • C.H. Robinson sees 2nd-quarter profit jump
  • Germany gives green light to Deutsche Bahn partial IPO
  • South African truckers to protest poor highway-port connectivity
  • Teamsters win labor agreement from USF Reddaway
  • NIT League warns Congress again about container inspections
  • Mexican president proposes massive national infrastructure plan
  • Panalpina share price hit by bribery probe
  • Thai exports up 18.6% through June
  • FMC wants OTIs to obtain bonds faster
  • Kinder Morgan buys stake in MID-SHIP
  • ILA's Bowers confirms he will retire
  • Hyundai planning dedicated car export terminal in Chennai

The Bunker Bulletinweb site
JULY 25, 2007
  • 'Feasible' 0.25% sulphur limit for distillate fuel
    Meeting discussing sulphur levels for California marine fuel regulations.
  • Tight markets benefit SPC
    Solid refining margins continue to boost financial results for Singapore firm.
  • 'Raft of Russian fuel oil' headed for ARA
    Rotterdam bunker still market tight, but replenishment expected soon.
  • Marine fuel drought spreads
    Extremely limited supply options going south via Suez Canal as Saudi Red Sea ports dry up.
  • Fuel oil cargoes heading for Asia
    Asian prices have started to tumble as traders warn the market could turn 'bearish' in September.
  • Getting wise on tug propulsion
    WorldWise Marine says there are savings to be on smarter propulsion for emergency towing vessels.
  • Japan's bunker market shrugs off nuclear plant shutdown
    Bonded market would remain tight in August even without any nuclear plant closures.
  • Sri Lanka prices to compete with East Asia
    Ceypetco Bunkering Services wants to cut differential with Singapore.

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