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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:23 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
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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