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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:46 GMT+1
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BRIEFS
October 30, 2007
The Business Timesweb site
Shipping News
  • China Merchants plans new 3.5b yuan terminal
    China Merchants Holdings (International) Co, owner of stakes in the country's five largest container ports, plans to spend 3.5 billion yuan (S$679 million) to build a multi-purpose terminal for bulk cargo and containers in Shenzhen, chairman Fu Yuning said.
  • Asian Terminals gets 25-year extension
    LISTED Asian Terminals Inc (ATI) has been granted a 25-year extension to its contract to manage and operate the state-owned South Harbour terminal in Manila. ATI, controlled by Dubai's DP World, has been operating the terminal since 1989 when it was awarded a concession by the Philippine Ports Authority (PPA).
  • Keppel unit delivers AHTS vessel to Gulfmark
    KEPPEL Singmarine has delivered another offshore support vessel on schedule to Gulfmark Offshore Inc. Sea Cheyenne, an anchor handling tug/supply (AHTS) vessel, will be deployed in Vietnam. She was christened last Saturday by Mrs Rex Carroll Ross, wife of Rex Ross, director of Gulfmark. The vessel is an in-house design by the Marine Technology Development division, a technology arm of Keppel Offshore & Marine.
  • Cosco Pacific Q3 net up 14% to US$94m

Sched Netweb site
  • OOCL upgrades KTX-1 intra-Asia service capacity
  • Asia-US cargo growth slows while costs continue to rise, warns TSA
  • Shenzhen's SCT still among China's top 10 container terminals
  • Northport delays plan to trim free container storage until June
  • Transpacific trade demand lower than expected
  • ELAA tells ESC of its hopes for 'golden age of understanding'
  • SAS Cargo to double Stockholm air cargo capacity in by 2010
  • National Air Cargo fined US$28 million for false 'on-time deliveries'
  • Continental contracts EDS and HP to upgrade IT systems

International Transport Journalweb site
OCTOBER 29, 2007
  • German Transport Forum: changes at the top
  • Stena and P&O abandon plan to share expanded Cairnryan
  • Lufthansa raises profits
  • Poland: privatisation of PKP Cargo to gain pace with the new government
  • Czechia/Slovakia: CD Cargo and ZSSK Cargo to be merged?
  • Kuehne + Nagel opens new seafreight centre at Gothenburg
  • Russia to step-up rail industry
  • IX Air Cargo Americas in November

Maritime Global Netweb site
OCTOBER 29, 2007
  • ELAA to be liner trade association
  • Dubai Drydocks World buys Labroy
  • Golden Ocean buys newbuildings contracts
  • Odfjell buys Rotterdam terminal
  • LNG-powered ferries for Norwegian route

Marine Logweb site
OCTOBER 29, 2007
  • Crowley Maritime makes changes in corporate purchasing
  • SembCorp Marine takes a stake in Pipavav Shipyard
  • Dubai Drydocks swoops on Labroy

World Wide Shipperweb site
OCTOBER 29, 2007
  • Port of Vancouver, BC closes expanded cruise season
  • Panama Canal Authority releases fiscal year metrics
  • Port of Portland rerouting Terminal 6 traffic pattern
  • Dredging set to begin at Port of Olympia entrance
  • Crowley Maritime taps Jackson as procurement vice president

Lloyd's Listweb site
OCTOBER 29, 2007
  • Shippers urge Brussels to rein in box lines
    EUROPEAN shippers to press for tougher constraints on container shipping in the new era of deregulation.
  • Shippers warn EU against liner bias
  • DD World bids $1.6bn for Labroy
    DUBAI Drydocks returns to Singapore for Labroy Marine just three months after purchase of Pan-United.
  • UK P&I Club unveils premium hikes
    BIGGEST P&I provider announces plan for premium rises that will collect some 17.5% more in total.
  • Bridging the gap between ship and shore
    HOW can we do something about the yawning gulf that exists between ship and shore?
  • Where's the crisis?
    IF CLIMATE change is really the worst crisis facing the world, why is it not being treated as such?

Fairplayweb site
OCTOBER 29, 2007
  • OSG hit by rate dive
    OVERSEAS Shipholding Group logged sharply lower profits as third-quarter rates fell steeply in the VLCC sector
  • Polish ferry in Baltic collision
    THE Polish ferry Galileusz, which operates between Szczecin and Trelleborg, was in a collision with the German TT-Line owned Nils Dacke on Saturday
  • Supreme Court takes Valdez case
    THE US Supreme Court will rule on Exxon Mobil's appeal against the record $2.5Bn damage award stemming from 1989's Exxon Valdez spill
  • Navios sells ships in surprise IPO
    NAVIOS Maritime Holdings will spin off a publicly listed Master Limited Partnership that will initially own seven of its vessels, with further acquisitions planned
  • Hard-pressed Chiquita wields axe
  • TECO sold at last
  • ABG Shipyard wants to build and buy
  • Drydocks World acquires Labroy
  • One dead, 7 missing after capsize
  • AWB ready to resume Iraq trade
  • Pirates commandeer chem tanker
  • NSW claims A$2M from Pasha insurer
  • Bush promises action on congestion
  • North Korean ship sinks in China

The Journal of Commerceweb site
OCTOBER 29, 2007
  • Project shipping facing labor shortage
    The engineering, procurement and construction industry is facing such a worldwide shortage of skilled labor at all levels that firms are in a "war for talent."
  • Long Beach postpones truck vote
  • Seaway expects Brazil freight
  • Supreme Court agrees to hear Exxon Valdez case
  • DHS wants Customs to improve Michigan security
  • Horizon Lines holds steady
  • CargoWise, Descartes form alliance
  • NYK Line reports sharp profit rise
  • Firm to develop India hubs
  • International Shipholding posts profit
  • Industrial property rents continue to climb

Containerisation Internationalweb site
OCTOBER 29, 2007
  • APL still on the right track
  • ESC queries carriers' intentions
  • Victory in sight for anti CTP lobbyists at LA-Long Beach
  • Moonduster's bid for ICG to lapse on Wednesday
  • Danaos on a high

TradeWindsweb site
OCTOBER 29, 2007
  • Oceanex boosts profits
    Canadian owner sees third quarter returns improve despite its smaller fleet.
  • Damages hike nixed
    The US Supreme Court throws out an appeal by Exxon Valdez plaintiffs seeking to restore damages to $5bn.
  • ASRY chief arrested
    Chief executive, Mohamed Alkhateeb, suspended and commercial director held in corruption probe.
  • Cubans jump ship
    A quartet of Cuban crewmen jump Greek-owned Dimitra G as the ship is detained in Canada.
  • Two missing off China
    Search continues for crew of handysize bulker which capsized off Shandong province with 21 others rescued.
  • Back in black
    Chilean liner company CSAV reports third-quarter profits at $61.2m in the black, turning around the $111m loss in the same period of 2006.
  • Rothwell eyes Carroll coalition
    The battle for control of ICG takes another twist following rumours Aella is looking to team up with leading shareholder, Liam Carroll.
  • Another day in court
    US Supreme Court has agreed to hear ExxonMobil's case over record punitive damages in the Exxon Valdez case.
  • Navios unveils IPO
    Greek bulker owner goes to Wall Street with a $241.5m initial public offering for Navios Maritime Partners.
  • Dragon banks roaring returns
    Increased assets fire CSSC to a six fold increase in third quarter profits.
  • Acquisitions hurt Tallink
    Full-year profit drops at Estonian ferry owner as it takes one-off restructuring and integration hits.
  • Cost cutting saves Samudera
    Indonesian shipping line bags vastly increased third-quarter profit despite revenues being on the wane.
  • Teco sold at last
    Parent of US barge operator Teco Transport Corp says net proceeds of sale to private equity group up to $380m.
  • Seaspan suffers in third quarter
    Big spending owner records third quarter loss of $38.6m despite positive nine month showing.
  • SembCorp takes PLS stake
    Singapore-listed shipbuilder splashes out $19.97m for slice of emerging Indian yard.
  • ITF in Norway push
    Federation to crank up pressure on Norwegian owners to join global pay talks.
  • UK Club seeks 17.5%
    Surging P&I claims leads top club to hit members with biggest increase since 2004.
  • SCI takes a hit
    State-owned giant Shipping Corp of India sees revenues and net profit dwindle in the second quarter.
  • Jinhui buys again
    Bulker specialist adds panamax newbuilding to its bulging orderbook.
  • Who's in for 10 at Mipo?
    Korean builder Hyundai Mipo Dockyard mum on identity of European owner which signed for bulkers at $479m.
  • Slow progress for NYK
    Japanese giant NYK Line remains bullish about full-year result as second quarter shows modest increase.
  • Two dead, 6 missing off Denmark
    Search continues for master and five crew of Turkish vessel which capsized off island of Falster.
  • Laeisz goes green
    Hamburg owner inks deal for six environmentally friendly boxships.
  • GO clears Tartsinis
    Greek owner Go Carriers says "private misunderstanding" behind CEO payments and defends director exit.

American Shipperweb site
OCTOBER 29, 2007
  • TECO agrees to sell barge subsidiary
  • Debt strategy impacts Horizon Lines profit
  • F. Laeisz orders six 2,800-TEU box ships from Aker Yards
  • Danaos: Other routes compensate for weak U.S. trades
  • Seaspan reports loss
  • FedEx announces 2008 rate hikes
  • Jet Airways thinking about starting cargo airline
  • Cargolux fuel surcharge rising
  • Limits on JFK flights opposed
  • Arkansas Best profit falls on low tonnage
  • Gap suspends use of Indian vendors, India labels move protectionist
  • North Korea, Cambodia eye trade ties
  • Calif. air authority approves truck, ocean vessel regulations
  • APL Logistics, Con-way to expand OceanGuaranteed service
  • Forwarder will pay $28 million to settle suit
  • Los Angeles officials change details of port-truck plan
  • China Merchants Holdings share price soars
  • Corpus Christi receives TWIC launch date
  • Mundra port operators looking for public money to boost capacity
  • APM buys stake in 700,000 TEU greenfield port in Ecuador
  • New dredging methods to be used in New York
  • Port of Brunswick expects more business
  • PSA HNN picks Quintiq for equipment planning, workforce optimization
  • Jacksonville Port Authority appoints Kulik, Fogarty to board

The Scandinavian Shipping Gazetteweb site
OCTOBER 29, 2007
  • Six missing after ex-Danish coaster capsized ' two found dead
    The Slovakia registered coaster Omer N capsized late Sunday afternoon south of the Danish island Lolland. The cause is unknown and weather conditions were fairly good. Three of 11 crew members were rescued by the Russian cargo vessel Sormovskiy ...
  • IGP&I pool claims highest for 15 years
    A hefty rise in P&I claims across the shipping industry are making heavy demands on the International Group of P&I Clubs' (IGP&I) Pool. The IGP&I envisaged record payout of more than USD 550 million by the ...
  • Russia could abolish visa need for tourists
    The Russian parliament will consider a proposal to let foreign turists visit Russian port cities for 72 hours without visa. The proposal includes both cruise and ferry passengers. The motion, if carried through, will open up for ferry services between ...

The Bunker Bulletinweb site
OCTOBER 29, 2007
  • Horizon revises fuel surcharge
    Mirrors rival Matson's record level in the wake of sharply higher bunker prices.
  • Rotterdam market remains firm
  • Bunkers bite into buoyant NYK profits
    Japan's biggest shipping company lifts profit forecast despite higher fuel costs eating into profits.
  • OW's parent group looks to expand
    CEO says growth will be accelerated. $100 million to be spent on fleet expansion.
  • New Asian subsidiary for O.W. Bunkers
    Focus on growth and local expertise leads to opening of Korean office.
  • Singapore supplier launches 'mega-barge'
    The Japan-built double-hulled vessel is the biggest bunker tanker to be delivered to date.
  • KPC sells spot 380 cst cargo
    Bunker grade cargo expected to head to the Singapore market.
  • Hong Kong to curb emission from China vessels
    New registration system aimed at spotting polluting ships from Guangdong, China.
  • Japan tests 'super absorbent' beads
    State-of-the-art polymer spheres designed to soak up oil and chemical spills effectively.

›››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%)
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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