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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:31 GMT+1
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BRIEFS
July 31, 2007
The Business Timesweb site
Shipping News
  • Higher profits seen for Japanese liners, shares rise
    Shares of Mitsui OSK Lines Ltd and Kawasaki Kisen Kaisha Ltd, Japan's second and third-largest shipping companies, rose on expectations that they will beat their revised earnings forecasts.
  • Rising freight costs weigh down grain importers
    South Korean grain buyers are expected to take a break after making purchases for October and November arrivals for the past few weeks after Chicago prices fell, traders said yesterday.
  • Russian mini-subs descend to seabed in Artic mission
    Two Russian mini-submarines made a test dive to the Arctic Ocean floor near the country's most northerly islands as part of an expedition to explore the North Pole seabed and seek territory that may hold energy reserves.
  • China's latest salvage vessel sent into water
  • Tight vessels shut naphtha arbitrage
  • Queensland to buy more coal wagons
  • Disputed Gulf waterway a flashpoint again

Sched Netweb site
  • KMTC to start new Intra-Asia Pusan to Nhava Sheva service
  • NYK subsidiary to lease new box terminal at Tacoma port
  • 'K'Line sees net income grow to US$217 million for 1Q fiscal 2007
  • APL vice president slams container security devices as ineffective
  • US shippers see chaos ahead if box scanning bill goes through
  • 'Melbourne tax' of US$200 per TEU threatened over dredging
  • Master planner dashes hopes for northern Malaysian airport
  • Two former DHL executives to run Polar Air
  • Eric Schmid appointed Swiss WorldCargo's western Europe chief

Exim Indiaweb site
  • COSCO christens Asia's first 10,000-TEU boxship
  • APM Terminals opens new box terminal in Tangier, Morocco
  • Eagle Bulk Shipping buying fleet of 26 Supramax vessels
  • OOCL opens new office in Pakistan
  • GGL Line opens Hong Kong office to boost intra-Asia trade
  • Maersk Logistics Indonesia named best in Singapore competition
  • Panama expansion paves way for bigger vessels
  • Port of Vancouver & Wallenius ink letter of intent for development
  • K Line receives Ocean Carrier of the Year award
  • All cargo containers entering US to be scanned
  • ...launches 10-ship Panamax building programme
  • DVB Fund & Textainer team up to buy Capital Lease
  • OSVs now tops on ONGC shopping list
  • India Summit 2007 to cast spotlight on logistics service providers & users
  • KMTC & CNC launch new NIX service
  • Gems & jewellery exports up by 13 pc in Re. terms
  • Lanka bans Indian poultry
  • Basmati variety notified for export
  • Spices Board bid for export thrust
  • 10 pc rise in German machinery imports predicted
  • Coffee Board brewing fresh strategy in Russia
  • Adopt global norms in farm products exports to Gulf, urges Apeda
  • $ 52-m Exim Bank loan for Sudan
  • GTI joins Millionaire Club!
  • CoPT, KRL agree on wharfage rate at SBM
  • Gujarat to set up 5 logistics parks along freight corridor
  • Cochin airport seeks SEZ tag for various projects
  • Maharashtra: Big budgets, less spending
  • Forex reserves swell by $ 3.09 bn
  • Re. fears bubbling in tea cauldron
  • Export duty on iron ore may continue
  • Govt to set up 12 centres to preserve perishable goods for exports

Maritime Global Netweb site
JULY 30, 2007
  • Class societies carrying out "shallow ISM" audits
  • New ships must have protected bunker tanks
  • MOL, Kansai Electric Power and Iino Lines agree ownership deal
  • Farstad sells old-timer

Marine Logweb site
JULY 30, 2007
  • Bear Stearns to buy MC Shipping
  • Siem Offshore back at Kleven
  • Trico Marine promotes Ray Hoover
  • Moss-type LNG newbuild for Pluto project

World Wide Shipperweb site
JULY 30, 2007
  • ATA truck tonnage index continues string of monthly declines
  • New rules coming online for vessel fuel tank locations
  • Kaitlyn Blair named winner of Lelli Memorial Scholarship
  • Wallenius Wilhelmsen Logistics buying share in Tianjin terminal
  • Union Pacific breaking records with second quarter numbers

Lloyd's Listweb site
JULY 30, 2007
  • Bear Stearns swoops for MC Shipping
    US INVESTMENT bank to pay $284m for American Stock Exchange- listed gas shipping group.
  • MC Shipping's LPG drive
  • Calls grow to release Pasha Bulker report
    THE New South Wales opposition accuses government of "dragging the chain" on grounding report.
  • Wal-Mart Canada expands Green Shipping concept
    GIANT retailer goes green with introduction of a Supply Chain Sustainability scorecard.
  • Training the trainers
    THE industry is facing a serious manning crisis, without a doubt.
  • Set for power protection
    THERE will be huge relief in a large number of locations at the announcement last week that the Royal Navy's two aircraft carriers are to go ahead.

Fairplayweb site
JULY 30, 2007
  • Bear Stearns grabs MC Shipping
    Private equity investor Bear Stearns Merchant Banking has made an aggressive offer for Monaco-based MC Shipping in an all cash $284M deal
  • Woodside unveils US regas project
    WOODSIDE Petroleum revealed today that it will flag two newbuilding LNG regasification vessels to the Stars & Stripes and crew them with US-licensed seafarers
  • Black marks for Black Point Shipping
    BLACK Point Shipping has agreed to pay $75,000 in fines and fees over faked inspection documents aboard the-then chemical/product tanker Black Point
  • Marina warns maritime opportunists
    THE Philippines Maritime Industry Authority has warned domestic owners and operators that permits will be cancelled if they fail to submit financial documentation when required
  • Search on for Mex Gulf polluter
  • Collision vessels safely separated
  • Master fired for not handing over
  • Singapore stocks rebound
  • LPG operator KSS Line to list
  • Financial costs weigh heavy on Sealift
  • Legionnaires suspected on Black Watch
  • Non-tax payment shuts oil firm

The Journal of Commerceweb site
JULY 30, 2007
  • Clerical union, employers in LA-Long Beach reveal details of compromise
    Compromise agreement sets the stage for next round of contract talks in 2010.
  • World Shipping Council criticizes U.S. scan-all bill
  • Record TEUs for Savannah
  • German owner orders 13,000-TEU box ships
  • TNT net gains in quarter
  • Hyundai expands sales network
  • Vancouver containers up 5% in first half
  • NWA Cargo adds portal waybill
  • Nehru cuts box free time
  • New SVP for Ceres in North America
  • Weekly rail shipments off

Containerisation Internationalweb site
JULY 30, 2007
  • DB moves in on Transfesa
  • Concor hopes for DST efficiencies
  • Financial improvement in second quarter for Horizon Lines
  • Brazil strike starts to bite
  • Under pressure SCT lease more space

TradeWindsweb site
JULY 30, 2007
  • Bear Stearns to buy MC Shipping
    Shares in Monaco-based LPG player soar after US investment bank makes $284m all-cash swoop.
  • BLRT may buy Fiskerstrand
    Norwegian yard boss says Estonian partner could make approach for nearly 100-year-old company.
  • Investors hot for Eimskip's cold takeover
    Icelandic shipowner seals deal for Canada's cold storage giant Versacold with 93% acceptance.
  • Bharati builds profit
    Busier Indian shipyard posts big jump in earnings and revenues for first quarter.
  • Navibulgar continues winning run
    Costs come down and revenues edge up for Bulgarian owner in first half.
  • Black day for Black Point
    Pietro Barbaro fined in US after tanker officers invented 34 new logbook entries relating to tank inspections.
  • FOC pay threat
    ITF warns owners will pay for refusing to agree to 'rich world' ratings fund.
  • Trafigura triumphs
    MSC loses London appeal over copper cargo caught in 'Catch 22' impasse following attempted fraud.
  • Kleven bags Siem twins
    Norwegian yard gets go-ahead for two more AHTS options from compatriot offshore owner.
  • GE whiz
    Indian tanker and bulker owner posts 75% increased first-quarter profit as revenues soar.
  • Split three ways
    Japanese shipowners Mitsui OSK Lines and Iino Lines take stakes in new Pluto LNG carrier.
  • Seven ill on Fred Olsen ship
    Cruise vessel to arrive in UK on Monday for disinfection after suspected Legionnaires' outbreak.
  • Taiheiyo pessimistic
    Japanese tanker and bulker owner posts first-quarter profit but remains cautious about year ahead.
  • Excel looking for funds
    US-listed Greek bulker owner files $500m shelf registration with US regulatory authorities.
  • FreeSeas pulls plug
    Greek owner cancels purchase of two handysize ships over dispute between seller and a third party.

American Shipperweb site
JULY 30, 2007
  • CKYH Alliance ending U.S./Med loop
  • Hyundai opens Vietnam, Italy subsidiaries
  • RoRoCo starting Harwich/Ostend ferry link
  • Oak Hill buying Southern Air
  • TNT's operating profit dips 2%
  • Pa. charges Norfolk Southern for hazmat release
  • 100% cargo inspection regime becomes a reality
  • Raul Castro looking at economic changes for Cuba
  • CargoWise edi, Agency Sector Management collaborate
  • ILWU S. Calif. office workers reach tentative deal
  • Wallenius Wilhelmsen takes stake in North China ro/ro terminal
  • Southampton Container Terminals expanding
  • Port of N.Y.-N.J. examining former tank farm site
  • Port of Hamburg sees 14% box growth in first half
  • Tower Group wins construction deal for Jacksonville box terminal
  • Port of Charleston names India representative
  • Hall promoted at Yusen and Ceres

The Scandinavian Shipping Gazetteweb site
JULY 30, 2007
  • New amendment close gap in Marpol Annex I
    On August 1, 2007 an important amendment to Annex I of Marpol will come into force. The new regulation oblige ...
  • Svendborg-company sells their first ship
    T.H.H. Shipping of Svendborg has sold their first ship to a Sri Lankan operator, which has taken over the ship ...

The Bunker Bulletinweb site
JULY 30, 2007
  • More concern over oil supply
    Non-OPEC production falling as OPEC still ruling out supply increase.
  • New ships will cut bunker consumption
    Next generation of containerships could slash operating costs.
  • Limited activity in ARA barge market this morning
  • Aegean considering its 'own brand of lubes'
    New staff member appointed to oversee the expansion of its marine lubes sector.
  • New Indian terminal should be running next month
    Operation of oil terminal in Mundra delayed from mid-July to August.
  • DP World to upgrade Fujairah terminal
    Project to increase under-utilized container terminal's ability to handle larger ships.
  • Ships collide off central Japan coast
    Fuel oil leak 'has been contained'.

›››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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