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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:45 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
PORTS
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%)
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.
PORTS
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
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
SHIPYARDS
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
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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