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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
21:55 GMT+1
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BRIEFS
July 30, 2007
The Business Timesweb site
Shipping News
  • Hyundai Heavy gets deal worth 1.21t won
    Hyundai Heavy Industries Co, the world's largest shipyard, said it received an order for eight large-sized container vessels valued at 1.21 trillion won (S$1.95 billion), its biggest contract this year.
  • Mid-East tanker rates decline on vessel surplus
    The cost of shipping Middle East crude to Asia, the world's busiest oil-transit route, fell to a three-month low on excess tanker capacity.

Sched Netweb site
  • Cosco to take delivery of Asia's first 10,000-TEU ship
  • Shandong builds logistics centre for Taiwanese investors
  • Britain to spend US$21 billion on rail upgrades
  • Nanchang to focus on logistics development
  • Cheng Lie to commence 2 new China-India services
  • APM Terminals opens box terminal in Tangier
  • CN Railway posts Q1 net income of US$486 million
  • Toll unveils integrated airfreight network
  • UPS sees Q2 net income rise 4pc to US$1.1 billion
  • Cargolux adds second flight to Kinshasa

Exim Indiaweb site
  • Sudhir Rangnekar's dedicated services to coastal shipping come in for high praise
  • D. T. Joseph to speak at BCC&I today on 'Creation of Maritime Constituency'
  • SC asks NGO to file response on dismantling ship
  • Fieo study lists steps for enhanced & smoother flow of Indo-Pak trade
  • Spices exports post 25 pc growth in Q1
  • ISEC sells 3 lakh tonnes raw sugar abroad
  • Minister opens textile fair in Japan
  • India, US asked to dismantle trade barriers
  • NMPT beefing up box handling facilities
  • Cochin Port braces for cargo diverted from Tuticorin
  • Coordination panel to focus on Rlys & steel industry's common tariff problems likely
  • Move to realign dedicated rail freight corridors
  • Ajay Singhal named Business Sphere Group's 'Logistics Man of the Year 2007'
  • Rlys strikes deal with Kirloskar firm to produce road-railers
  • Vaghela seeks Rs 11,000 cr. for TUFS in eleventh Plan

International Transport Journalweb site
  • Uwe Bakosch transfers from Scandlines to Deutsche Bahn
  • APM opens new container terminal in Tangier
  • Record half year for Lufthansa
  • Aramex with higher revenues and net profits in Q2/2007

Maritime Global Netweb site
JULY 27, 2007
  • Exmar plans Belgian LNG terminal
  • Buoyant market boosts Bocimar
  • Portosalvo orders at Aker
  • US and EU agree on satnav signals

Marine Logweb site
JULY 27, 2007
  • Nordcapital orders eight 13,100 TEU box ships at HHI

World Wide Shipperweb site
JULY 27, 2007
  • Bidders on Washington ferries receive more time for proposals
  • APL Logistics wins contract with Army & Air Force Exchange Service
  • ITC report finds US would benefit from easing of restrictions with Cuba
  • LA/Long Beach office workers reach tentative labor deal
  • US rail freight traffic down again during week

Lloyd's Listweb site
JULY 27, 2007
  • Wal-Mart Canada expands Green Shipping concept
    GIANT retailer has taken the Green Shipping concept to another level by announcing plans to introduce a Supply Chain Sustainability scorecard for service providers.
  • Nordcapital inks $1.4bn boxship deal with HHI
    CONTRACTS signed to build eight container vessels with a capacity of 13,100 teu each.
  • Woodside approves Pluto LNG project
    FACILITY will produce 4.3m tonnes a year and start deliveries to Japan in late 2010.

Fairplayweb site
JULY 27, 2007
  • Turkish coastal vessel sinks
    The Cambodian-registered coastal vessel Multi Trader sank yesterday evening close to Mangalia port, Romania. The ship's seven crewmembers were able to abandon ship before it went down
  • ILA elects new president
    RICHARD Hughes Jr was elected president of the International Longshoremen's Association this week ' the first new president for the union in over 20 years
  • Horizon posts leap in 2Q profits
    HORIZON Lines today boasted second quarter net income of $9.6M on $22.9M in operating revenue, an almost 50% jump in net income over the same quarter last year
  • Brittany Ferries under pressure
    INCREASING demand and changes in the freight market are putting greater pressure on Brittany Ferries' freight-carrying capacity
  • Capesize collides with boxship
    A Greek Capesize bulker was in collision with a Taiwanese container ship this morning in waters off central Japan
  • Modest gains for Seacor Holdings
    LOSSES from off-hire vessels were more than offset by revenue from ship sales as tanker and offshore vessel owner Seacor Holdings posted modest gains in net income
  • Ops changes, Silja hits Tallink
  • Bush signs Foreign Investment Act
  • Charges possible in Brimble case
  • 400 Cosco bulkers on the move
  • Offshore boosts Keppel profits
  • Pan-United share trading suspended

The Journal of Commerceweb site
JULY 27, 2007
  • International Longshoremen's Association rejects direct elections
    But meeting votes to scale back practice of officers collecting salaries for multiple union jobs.
  • Clerical union, employers reveal details of compromise
  • Scan bill nears completion
  • Water bill moves forward
  • Net Q2 gain for Horizon Lines
  • GAO report questions effectiveness of export controls
  • Saturday test gate falls short of Maher volume goal
  • ILA Convention: Reporter's Notebook
  • Labor deal averts strike at LA-Long Beach
  • Hughes, other ILA officers elected
  • Union wary as marine terminals change hands

Containerisation Internationalweb site
JULY 27, 2007
  • 100% pre-shipment container screening - a US bill too far?
    It looks increasingly likely, that this time next week,(Friday, August 3) George W Bush, will sign a bill into law establishing a five-year deadline for 100% screening of containers destined for US ports.
  • Nordcapital to buy 13,100TEU ships
  • Star Reefers sees 2Q 07 improvement
  • German Government to reduce stake in Deutsche Bahn
  • APL's rate recovery gathers steam
  • Tacoma and NYK sign box terminal deal

TradeWindsweb site
JULY 27, 2007
  • Mixed horizon
    Jones Act liner operator shows higher profit but disappoints Wall Street analysts.
  • We protest
    Overseas Shipholding Group is manning battle stations in contract fight with US military.
  • Capesize, boxship collide off Japan
    Bow of Greek bulker said to be stuck in 2,200-teu vessel's hull with oil leak contained.
  • Double Hull buys Besiktas
    OSG spin off moves into suezmax sector with profit sharing deal.
  • Nordcapital: 'It's our octet'
    Finance wing of Erck Rickmers empire owns up to 13,100-teu eight-ship order at Hyundai Heavy.
  • HHI wins $1.3bn order
    Unidentified European owner pens $162m-per-ship order for eight units at South Korean yard.
  • Sasebo builds on success
    Japanese yard continues profit drive of last financial year with three-fold profit increase in first quarter.
  • Meiji on the move
    Profits leap fourfold for latest quarter but owner suffers slump at operating level.
  • Tallink tumbles
    Cost of integrating Silja takes another chunk out of earnings but shipping operations continue rise.
  • Sales save Seacor
    US tanker and offshore owner posts slightly increased second-quarter profit on back of disposals.
  • Japan reaches new high
    Shipbuilding backlog increases to historic high on the back of demand for bulker tonnage.
  • MOL minted
    Japanese liner giant expects hefty profit and revenues this year after 50% leap in first-quarter result.
  • Stock sell-off continues
    Despite a new all time high BDI, drybulk shipping shares in New York have seen heavy selling.
  • Nobu buys into ACM
    TMT boss has become the latest investor to take a stake in UK shipbroker after Dresdner and Platou.

American Shipperweb site
JULY 27, 2007
  • Nordcapital places $1.4 billion order with HHI for 13,100-TEU ships
  • MOLs raises forecast after 48% profit surge
  • Horizon Lines' 2nd quarter earnings up 50%
  • India shipping official orders recall of offshore supply vessels
  • New CMA CGM acquisition Cheng Lie expanding horizons to India
  • NYK, Wan Hai ships involved in collision off Japan
  • Kansai, MOL, Iino Lines to jointly own LNG carrier
  • ABX shoots down Astar bid
  • YRC boss blames "weak domestic shipping market" for profit slump
  • Labrie takes over Con-way Freight
  • Weber retires as CEO of Weber Distribution
  • Pa. charges Norfolk Southern for hazmat release
  • UPS Freight broadens Fain's scope
  • Lenovo sets up India plant, Dell suffers from fragmented tariff system
  • IMF revises predicted growth rates of emerging markets
  • Hughes elected ILA president

The Bunker Bulletinweb site
JULY 27, 2007
  • Los Angeles the exception in bullish US markets
    Most ports respond to firming fundamentals with crude close to all-time high.
  • Another fuel surcharge on the Horizon
    Second Hawaii shipping company announces August increase saying it sees 'level or higher' fuel costs ahead.
  • Amended MARPOL regulation about to enter into force
    New MARPOL regulation aims to prevent bunker spills from all categories of ships, not just tankers.
  • Trader gone from FNSA Fuel
  • Strong market encouraging rare cargo deals
    UAE fuel oil cargo not expected to travel far.
  • Swathe of Guimaras oil spill claims rejected
    More than 125,000 applications for compensation from last year's Philippines bunker spill turned down on lack of evidence.
  • Rotterdam market stable at midday
  • NYK returns to Thailand for bunker purchase
    Shipping line says it believes there will be no further problems with 'off-spec' fuel.
  • South Korea shrugs off supply worries
    East Asian bunker prices bounce back as crude oil firms.

›››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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