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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
February 27, 2007
The Business Timesweb site
Shipping News
  • US warship heading for hijacked UN ship
    A US warship is approaching the area off the Horn of Africa where pirates anchored a hijacked United Nations chartered cargo ship.
  • Indonesia to probe ferry sinking
    INDONESIAN police are to investigate how a fire-damaged ferry capsized as officials and journalists inspected the charred hulk, officials said yesterday.
  • General Maritime's Q4 gain plunges 79%
    GENERAL Maritime Corp, the third-largest US oil-tanker owner, said fourth-quarter net income fell 79 per cent as a smaller fleet and lower shipping rates cut into revenue.
  • TNT's Q4 operating profit up 11.3% to 355m euros

Sched Netweb site
  • Striking Canadian rail workers' union agrees to end dispute
  • Ningbo's trade with Africa increased 14.5pc in 2006
  • OOCL says HK transport will make steady progress in 2007
  • Indian shipowners call for sweeping tax reforms
  • CIS hauls 2.1 billion tons of cargo by rail in 2006
  • Toll eyes Asia as key to becoming fully integrated operation
  • Qantas clinches military tanker contract
  • DPWN meets 2006 forecasts, says organic growth way forward
  • FedEx appoints two vice presidents to handle sales growth in Asia Pacific

Exim Indiaweb site
  • Banks fighting shy of novices in shipping field
  • Imposition of 20 pc TDS on freight & charter ops to shrink shipping cos' finances
  • WTSA to raise rates, fuel charges on Pacific route
  • DP World's US port sale clears snag
  • Evergreen changing name of US operations
  • Rotterdam rejects empty boxes as main terminal faces jam
  • China set to deliver 1st LNG ship in September
  • APL launching twice-weekly Philippine service
  • Wilh Wilhelmsen Q4 earnings soar
  • Suez to cut fees to lure Asia-to-US traffic
  • HPH to form JV to develop container terminal in Vietnam
  • K Line unit deploys winged trailers in Guangdong
  • Mundra Port & SEZ in expansion mode
  • D. Sugantharaj back as VCTPL COO
  • JNPT takes steps to attract more pilots
  • Sitting pretty with Rs 20k cr., Rly Minister scatters largesse all round
  • Tirupur exporters seek removal of education cess, countervailing duty on capital goods
  • Airlines may be allowed to directly import 10 pc of annual fuel needs
  • 51 pc rise in SEC Rly freight earnings
  • CMA CGM Logistics Park Dadri begins ex-im operations
  • Inflation rate falls to 6.63 pc
  • Ficci presses for duty credit benefit on exports to CIS
  • Ficci to meet Australian team on March 1

Maritime Global Netweb site
FEBRUARY 26, 2007
  • US warship heads towards hijack ship
  • Indonesian ferry hulk sinks; four more dead
  • German minister slams Galileo firms
  • Dockendale ship detained

Marine Logweb site
FEBRUARY 26, 2007
  • OSG to acquire Heidmar lightering business
  • U.K. detains Golden Ocean Group bulker
  • Bourbon Offshore in cooperation deal
  • Maersk Odense yard set for job cuts
  • Wartsila training for BW Gas personnel

World Wide Shipperweb site
FEBRUARY 26, 2007
  • Nichols Brothers nets orders for pair of new harbor tugs
  • Air France adding SeaTac to Paris flights
  • Port of Olympia announces annual BoatSwap & Chowder Challenge
  • US, Mexico agree to new trucking pilot program
  • Dutch Harbor continues run as top seaport for landing fish

Lloyd's Listweb site
  • Sovcomflot predicts bumper order bonanza
    RUSSIAN shipping giant expects to pump $1bn-worth of orders into domestic yards by 2011 as its short-term prognosis for tanker markets remains strong.
  • Golden Ocean bulker found in 'very poor' condition
    A BULK carrier bareboated to John Fredriksen's company has been detained in Liverpool after being judged "a classic case of serious neglect".
  • Job cuts threatened at Maersk shipyard
    THE loss-making yard, which has a question mark over its future, announces that reductions in the labour force are contemplated.

Fairplayweb site
FEBRUARY 26, 2007
  • Elderly cruiser kills attacker
    LIMON, Costa Rica, 26 February ' Carnival Cruise Lines is temporarily skipping calls in Limon, Costa Rica after a violent armed robbery last week that has received national media attention
  • OSG takes Heidmar Lightering
    OVERSEAS Shipholding Group (OSG) will acquire Houston-based Heidmar Lightering from Morgan Stanley Capital Group subsidiary Heidmar Inc
  • Oceania bought by private equity
    PRIVATE equity firm Apollo Management has acquired a significant majority stake in Oceania Cruises
  • NCL competitors tighten squeeze
    NORWEGIAN Cruise Line (NCL) is pulling back on Hawaii capacity growth in the face of an onslaught of foreign-flag competition that has battered its pricing
  • Aker returns to Russian repair yard
    AKER-Kvaerner has bought back into a Russian repair yard for submarines in Arkhangelsk where it had been involved in starting a Russo-Norwegian venture in 1994
  • Charterers unaffected by Gazprom move
    GAZPROM'S decision to end independent export trading of crude oil and petroleum products produced by subsidiary Gazprom Neft will make little difference to charterers
  • NCL exploring Hawaii options
  • Norfolkline to review ADG charters
  • StealthGas warns on crewing
  • Air freighter launches ferry link
  • Adsteam sells Liverpool towage
  • Somali hijackings resume
  • Bono seeks bonus for Fincantieri
  • Alaska slams Washington state tax
  • Rail strikers urged back to work
  • Odense shipyard to axe 140 jobs

The Journal of Commerceweb site
FEBRUARY 26, 2007
  • CN strikers return to work
    UTU members will vote next month on a tentative one-year pact reached over the weekend that ended the two-week strike.
  • Port of Seattle, BNSF in land deal
  • Ecuador mounts new challenge to EU banana rules
  • Moller to cut shipyard jobs
  • International spurs intermodal volume gain
  • Dubai among favorites in Hamburg bidding: Report
  • U.S. Lines adds Oakland call
  • UPS pushes back delivery dates of A380
  • RailAmerica replaces CEO
  • EU, U.S. launch last-ditch air talks
  • TNT profit up 11%

Containerisation Internationalweb site
FEBRUARY 26, 2007
  • Government suspends bill after tentative CN labour deal struck
    Canada's federal government has suspended consideration of legislation filed last Friday ' which would have ordered striking Canadian National Railway employees back to work ' after a tentative union-management deal was struck late Saturday.
  • Bids for HHLA share opened today
  • Odense Shipyard announces cutbacks
  • JN Port threatens to defer fourth box-terminal, without rail corridor
  • USL adds second California call to ANZL service
  • UPDATED: Kaliningrad services expanded
  • Cochin Port inland movement affected by dredger collision with bridge
  • China's Centrans International to start two intra-Asia loops in March
  • ICTSI poised to run new terminal in Subic Bay
  • Clarification: Scope of Ministry assurance to discuss legal issues at shipper forum

TradeWindsweb site
FEBRUARY 26, 2007
  • Spot gets spanked
    Conservative chartering has won Quintana and Eagle props while dry-bulk peer Excel gets a dissing.
  • Sovcomflot bets a billion
    Sovcomflot could spend $1bn building ships in Russia. Vladimir Putin's right-hand man likes the sound of that.
  • Private equity goes cruising
    New York private equity group Apollo Management is paying $850m for Frank Del Rio-led Oceania Cruises.
  • Brad Mulholland passes
    Long-time Matson Navigation chief Bradley Mulholland has succumbed to cancer.
  • OSG confirms Heidmar buy
    New York owner says agreed acquisition of Heidmar Lightering Services Inc creates "strong combination" with existing tanker fleets.
  • Star axes Sydney office
    Norwegian bulk carrier owner to close pioneering Australian subsidiary.
  • Food aid ship hijacked
    All four ships owned by Kenya's Motaku Shipping have now been seized within 18 months after Somali pirates struck again.
  • Jumping at Jinhui
    Financial performance at Oslo-listed bulker owner Jinhui Shipping is beating analyst predictions.
  • Aries Offshore in order debut
    New owner of Norwegian offshore player signs up for supply ship at Myklebust Verft.
  • STX gets Vietnam nod
    Korean shipbuilder wins state approval for $500m shipyard in central region.
  • Strike ended in Port Said
    Egyptian shipyard staff back to work after government officials promise to improve conditions.
  • Frontline battle for ECJ
    Key issue for the future of London shipping arbitrations to be resolved by European court.
  • StealthGas hit by costs
    US-listed LPG player sees fourth quarter profits dwindle as expenses soar, but annual result up.
  • Golden Ocean bulker rapped
    UK Coast Guard detains Golden Glory in very poor condition with heavy weather damage.
  • Maersk yard seeks job cuts
    Lack of new business prompts Odense Steel Shipyard to axe 140 salaried staff.
  • Arpeni brings in HMM
    Indonesian tanker owner to run two ships together with Korean partner to tap growing demand.
  • Attica buys more Minoan
    Greek ferry group reportedly builds stake in rival to 22% from 15%.
  • Jumping Jutha!
    Larger fleet, extra charter revenue and little bunker costs mean happy times at Thai multi-purpose player.
  • Indonesian death toll rises
    Up to 42 people confirmed dead in ferry blaze, while camameran dies as burnt-out vessel sinks with journalists on board.
  • Precious makes it ten
    Thai shipowner continues with clear out of elderly tonnage as Jamjuree Naree goes to new owners.
  • Smit buys into Liverpool
    Dutch salvor's buy of Adsteam operation should clear way for SvitzerWijsmuller takeover.

American Shipperweb site
FEBRUARY 26, 2007
  • Somalian pirates hijack U.N. aid vessel
  • UPS sticks with A380 freighter for now
  • Jade adds freighter, destinations
  • Northern border ag fee delayed
  • CN, UTU reach strike truce
  • Winter storm slows rail traffic
  • Businesses urged to lobby for ITDS adoption
  • U.S. Commerce: India's reaction positive to "trusted customer" program
  • TNT's operating profit up 11%
  • Demand for logistics in China to grow 15 percent
  • LMS opens Southeast headquarters
  • New York takes action on DP World terminal sale, on-dock rail
  • Job cuts loom at Maersk shipyard
  • Judge denies petition for stay from Puerto Rico Port Agency
  • SMIT buying Adsteam's Liverpool towage operation
  • Hong Kong's throughput up 1.2% in January
  • Port of London Authority chief to chair U.K. ports group
  • DP World appoints IT specialist

The Scandinavian Shipping Gazetteweb site
FEBRUARY 26, 2007
  • Odense yard prepare to reduce staff
    Odense Steel Shipyard announced today that there might be staff reductions in the future. Due to problem with securing new ...
  • Mismanaged Norwegian controlled bulker in detention
    A port state control inspection revealed over 30 deficiencies on the bulk carrier the Golden Glory. On February 22, the ...
  • Empty bulker took the ground in Øresund
    The Danish Police is now investigating the cause of the grounding of the Bahamian-flagged bulk carrier Coronis. The vessel ...

The Bunker Bulletinweb site
FEBRUARY 26, 2007
  • Barge trouble in South Africa
    Cape Town's barge operations ceased and reduced capacity in Durban.
  • New kit from Kittiwake
    Upgraded portable lube oil test system can provide analysis of water in oil and TBN in minutes.
  • Chemoil chief predicts continued strong growth after record year
    Chemoil delivers 16.8% profit increase, Chandran 'not happy' with current share price.
  • Rotterdam market remains firm
  • Singapore confirms basic design consultant for oil caverns
    Next up, appointment of contractor for the detailed design and construction of the underground oil caverns.
  • Cluster of Chinese ports offering competitive prices
    Bunkerworld now shows prices from China's Shenzhen port region. Data shows they are competitive to Hong Kong.

›››File
FROM THE HOME PAGE
PORTS
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
ENVIRONMENT
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
COMPANIES
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
PORTS
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INDUSTRY
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
PORTS
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
COMPETITION
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
ENVIRONMENT
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
LOGISTICS
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
SHIPPING
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
PORTS
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
SHIPPING
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
SHIPPING
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
PORTS
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
SHIPPING
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
PORTS
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
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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