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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:20 GMT+1
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BRIEFS
July 27, 2007
The Business Timesweb site
Shipping News
  • Panama expansion paves way for bigger vessels
    Panama's historic US$5.3 billion expansion of its 93-year-old canal, which will double its capacity, will redefine not only the current 'Panamax' container ship, but also container trade patterns, according to a new study.
  • ASF appoints Cosco exec as secretary general
    The Asian Shipowners Forum (ASF) - representing nearly half the world's cargo carrying fleet - has appointed the first secretary general for its nearly established permanent secretariat here.
  • Overseas Shipping Q2 profit up 31%
    Overseas Shipholding Group (OSG), the largest US-based oil-tanker owner, said second quarter profit rose 31 per cent on higher spot rates for its so-called Very Large Crude Carriers (VLCCs) and smaller Aframax and dry-bulk vessels.
Admiralty Casebook
  • ABS faulted for issuing certificate prematurely
    THE failure to complete a full load endurance test on the accommodation platform Safe Concordia after it was built by Keppel Fels more than two years ago was one of the contributing factors for two electrical fires on a voyage later that year, according to an Australian investigation report last month.

The Business Timesweb site
Shipping News
  • Panama expansion paves way for bigger vessels
    Panama's historic US$5.3 billion expansion of its 93-year-old canal, which will double its capacity, will redefine not only the current 'Panamax' container ship, but also container trade patterns, according to a new study.
  • ASF appoints Cosco exec as secretary general
    The Asian Shipowners Forum (ASF) - representing nearly half the world's cargo carrying fleet - has appointed the first secretary general for its nearly established permanent secretariat here.
  • Overseas Shipping Q2 profit up 31%
    Overseas Shipholding Group (OSG), the largest US-based oil-tanker owner, said second quarter profit rose 31 per cent on higher spot rates for its so-called Very Large Crude Carriers (VLCCs) and smaller Aframax and dry-bulk vessels.
Admiralty Casebook
  • ABS faulted for issuing certificate prematurely
    THE failure to complete a full load endurance test on the accommodation platform Safe Concordia after it was built by Keppel Fels more than two years ago was one of the contributing factors for two electrical fires on a voyage later that year, according to an Australian investigation report last month.

Sched Netweb site
  • LA, Long Beach braces for work stoppage as negotiations flounder
  • Damco Sea & Air integrates with Maersk Logistics to form new Damco
  • Northport calls for double tracking to boost capacity
  • Vanguard Logistics launches e-commerce portal in Asia
  • MOL's new training vessel takes to the seas
  • UAL second quarter profit soars 130pc to US$274 million
  • Swift's SAM service proves itself in Far East-Africa trade
  • Spike in Zhengzhou conferences brings 37pc rise in air traffic

Exim Indiaweb site
  • CMA CGM to impose PSS on Vasco service linking JNP to S. America
  • Dry bulk freight rates poised to scale new peaks
  • Crude shipping rates sink
  • Palm oil Customs duty cut to 45 pc
  • Rising rupee drags down textile exports
  • Deal struck to export 30,000 tonnes of soyameal
  • Vizag Port posts MoP handling record
  • 7 global consultants offer services for Bengal deepsea port
  • Dedicated cargo airports catch private sector's fancy
  • Road freight rates to South go climbing
  • Use of old machinery in SEZ units may be allowed with tax sops
  • Areas under irrigation in state not to be acquired for SEZs
  • High corporate taxes may affect flow of FDI
  • DEPB credit limit hike for exporters hinted at
  • Strengthened rupee may swallow Rs 1 lakh cr., lead to massive retrenchment, finds Commerce Ministry's survey

Maritime Global Netweb site
JULY 26, 2007
  • Eagle pays US$1bn for newbuilding fleet
  • Cosco man to run Asian Shipowners Forum
  • Kiwi ferry master fined
  • Another US magic pipe conviction
  • Strike club offers loss of earnings cover

Marine Logweb site
JULY 26, 2007
  • Final negotiations for U.S. Gulf FPSO
  • COSCO christens Asia's first 10,000 TEU box ship
  • Aker Yards to build PSV for Portosalvo

World Wide Shipperweb site
JULY 26, 2007
  • Port of Tacoma planning new terminal for NYK Line
  • NOL announces plans to build eight container ships
  • NASSCO nets Navy contract for material for tenth T-AKE vessel
  • Port of Anacortes project clears all regulatory hurdles
  • Steel imports down for month of May

Lloyd's Listweb site
JULY 26, 2007
  • Cosco gears up for acquisition
    CHINA Cosco Holdings set to issue new shares to fund $10.5bn purchase of its parent's dry bulk carrier unit.
  • Cosco debut surges in Shanghai
  • NYK to lease new terminal at Port of Tacoma
    NYK offshoot Yusen Terminal Tacoma is to lease new $300m box terminal at the US port.
  • Petronas cool over failed Centrica deal
    MALAYSIAN group says collapse of $8.25bn LNG deal with Centrica will have no impact on it or MISC.
  • Globetrotter Polemis talks communication
    THE chairman of the ICS and president of the ISF says it is vital to raise the profile of both organisations.
  • Awake and alert
    THE proposal for the mandatory provision of watch alarms onboard ships does not address the problem of fatigue.

Fairplayweb site
JULY 26, 2007
  • Atlantic hurricane forecast reduced
    ONE storm prognosticator has cut the Atlantic hurricane forecast for the remainder of the season
  • RCCL sees cruise fears easing
    ROYAL Caribbean Cruises Ltd lifted its net profit for the second quarter to $128.7M from $122.4M in 2Q06, as fears for the revenue environment eased
  • MarAd, USCG programmes pass muster
    MARAD and the US Coast Guard received pass marks this week during assessments of their programmes by the Office of Management & Budget
  • Baltic indices break records again
    THE Baltic indices headed for new records today: after faltering last week, the Baltic Exchange Dry Index rose to its highest level ever
  • Two lost as lighter sinks
  • LA, LB confusion over strike
  • Strong first quarter for NYK
  • Chemoil to invest $60M in Fujairah
  • ASF Sec-Gen Wang to be Asia's voice
  • Vinalines to acquire Japanese Handies
  • Star Reefers posts strong 2Q
  • Israeli strike ends

The Journal of Commerceweb site
JULY 26, 2007
  • NEW LABOR CONTRACT AVERTS STRIKE BY CLERKS AT PORT OF LA-LONG BEACH
    ILWU clerical workers, shipping lines agree to new three-year labor contract.
  • Tacoma plans NYK box hub
  • NYK, "K" Line raise forecasts
  • MOL Logistics, Kintetsu in N. America airfreight pact
  • CMA CGM adds Vasco Express peak surcharge
  • Carriers link N. China, India
  • Port of Charleston adds India sales representative
  • Lufthansa cargo profit to gain
  • ILA to put local under trustee
  • Panalpina in U.S. fraud probe
  • Northwest ups fuel charge

Containerisation Internationalweb site
JULY 26, 2007
  • Cheng Lie to enter China/India trade
  • Impasse reached at LA and Long Beach clerical workers talks
  • Panalpina shares fall in Nigerian bribery investigations
  • Maersk revamps USEC/East Med/Middle-East services
  • Israeli ports reopen after general strike ends

TradeWindsweb site
JULY 26, 2007
  • Matson leads A&B
    Alexander & Baldwin credits Matson's China service with boosting the bottom line but predicts a weaker second half.
  • Gas deal at Zeebrugge
    Nicolas Saverys-led Exmar admits a weak first half and signs up to build gas import infrastructure on Belgian home turf.
  • RCCL revises forecasts
    Profits rise 5% in latest quarter but bunker prices rein in predictions for the full year.
  • Sales boost Bocimar
    Benoit Timmermans-led Bocimar and partner JB Ugland have sold two bulkers under construction in China.
  • DD World snaps up PUM
    Entire shareholding in Pan-United Marine set to be taken over by Dubai Drydocks after offer accepted.
  • Escrow angst for Clarksons
    Shipbroker fights raid on pot by ex-employee Tim Huxley as battle for disputed commissions hots up.
  • Offshore drives Keppel
    Singapore yard records 27% leap in second-quarter net income with orderbook at record high.
  • Spot the difference at Star
    Oslo-listed reefer giant sees second-quarter net income jump 15% as bananas boost spot rates.
  • Disposals lift Danaos
    Gains from the sale of ships, plus an expanded fleet, help lift profits at John Coustas outfit.
  • K Line capitalizes
    Shipowner sees profits more than double on the back of favourable growth in the global economy.
  • Aker bags PSV order
    UK-based subsidiary of Italy's Rimorchiatori Napoletani also holds option at Norwegian yard.
  • Pride buys Ofer drillship
    Tanker Pacific to earn $108.5m "acquisition fee" after selling newbuilding to US drilling giant.
  • NYK's profits jump
    Japanese owner sees financial performance improve on bigger fleet and increased cargo volumes.

American Shipperweb site
JULY 26, 2007
  • Japanese carriers ride profit wave
  • Textainer deal part of hot container sector
  • ISC to end Forest Line's LASH service
  • Vessel sales boost Danaos' first half profit
  • OSG reports higher profits
  • American Commercial Lines sees profits dip as revenues rise
  • Kirby posts record profit
  • Wan Hai and partners starting another Far East/Chennai link
  • OceanFreight reports first results
  • IPBCC drops Rotterdam congestion surcharge
  • Eagle more than doubles size of fleet
  • COSCO's Wang named Asian Shipowners Forum's first secretary general
  • CBP textile enforcement teams head to Hong Kong
  • Wal-Mart Canada to score suppliers on "green shipping"
  • Quantrill takes top job at BIFA
  • Levi's sues Polo over pocket stitching
  • Cocaine shipment seized in Charleston, S.C.
  • KOM International hires McGinnis to work out of new Toronto office
  • S. Calif. ports, area businesses await ILWU strike decision
  • Long Beach port proposes record $644 million budget
  • Tacoma to build terminal for NYK terminal operator subsidiary
  • Alameda Corridor East loses out on federal funding
  • Port of Rotterdam sees 13% rise in containers
  • New York faces shortage of dry docks

The Scandinavian Shipping Gazetteweb site
JULY 26, 2007
  • Maersk Line opens new transit terminal in Tangier
    APM Terminals in the A. P. Møller-Mærsk has opened a new deep-sea container terminal in Tangier, Morocco, close to the ...
  • Indian citizen as captains on Danish tankers
    D/S Torm of Copenhagen has achieved the first permit to use non-European citizens as captains on Danish flagged vessels ...

The Bunker Bulletinweb site
JULY 26, 2007
  • Cruise line fuel costs up 8%
    Royal Caribbean increasing hedging and predicting escalating future prices.
  • China launches another oil exchange
    Dalian Petroleum Exchange opens for fuel oil spot transactions, but traders are skeptical.
  • Service launched to plug Black Sea supply gaps
    New venture formed to offer bunkers offshore on Black Sea shipping routes.
  • Japanese lines upbeat on profits
    Raise full-year profit forecast despite rising fuel cost after solid Q1 performance.
  • Rotterdam market firm after crude jump
  • Crude jumps on draw in key US stock
    Traders focus on stock draw in Cushing, Oklahoma, where benchmark US light crude is priced.
  • Singapore residual fuel stocks up
    Stocks of middle distillates fall in the week to July 25.
  • Indian bunker project still facing hurdles
    Cochin Port Trust had to revise draft documents after guidelines changed.
  • Singapore demand climbs as prices soften
    Buyers fix forward deals 'on expectations prices will rise'

›››File
FROM THE HOME PAGE
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%)
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.
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
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
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
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%
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%
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
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
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.
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
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
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
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
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
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
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
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
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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