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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:27 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
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
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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