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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:48 GMT+1
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BRIEFS
February 1, 2008
The Business Timesweb site
Shipping News
  • Asian shippers to brave global slowdown
    Executives at Hong Kong-listed shipping firm Pacific Basin should have little reason to smile.
  • Maritime degrees for 1st grads
    THE inaugural batch of students from the Bachelor of Maritime Operations programme have been awarded their degrees.
Admiralty Casebook
  • Shipper always liable for freight charges
    A US appeals court has upheld a ruling that a retailer had to pay freight charges incurred for the shipment of its goods even though its broker and the carrier had agreed that the broker was liable for the charges.

The Business Timesweb site
Shipping News
  • Asian shippers to brave global slowdown
    Executives at Hong Kong-listed shipping firm Pacific Basin should have little reason to smile.
  • Maritime degrees for 1st grads
    THE inaugural batch of students from the Bachelor of Maritime Operations programme have been awarded their degrees.
Admiralty Casebook
  • Shipper always liable for freight charges
    A US appeals court has upheld a ruling that a retailer had to pay freight charges incurred for the shipment of its goods even though its broker and the carrier had agreed that the broker was liable for the charges.

Sched Netweb site
  • Asia Australia Discussion Agreement drops peak season surcharge
  • Chaos ends as order returns to Shekou customs in Shenzhen
  • Mega-US property developer AMB to set up distribution facility in Shenyang
  • Suzhou now No 3 in foreign trade value as total exceeds US$200 billion
  • Hong Kong's OOCL opens Phnom Penh office to enhance Indo-China network
  • Intermodal growth ups 2007 Duisport volume to 55 million tons
  • Savi pilots RFID solution to track auto parts for Land Rover
  • AAPA figures show slower airfreight growth in Asia Pacific in 2007
  • Singapore, Denmark, Norway, Sweden sign bilateral Open Skies accords
  • Boeing begins wing assembly of first Air France-bound 777 Freighter

Exim Indiaweb site
  • Deutsche Bahn implements new brand structure
  • Little Italy mops up 24 pc of coffee exports
  • 43 pc of Dubai's exports comes to India
  • For a few tonnes more!
  • FDI limit in cargo airlines hiked to 74 pc
  • ICD-Amingaon to stay open for tea shipments till March-end
  • Shanghai-Hamburg railway dry run completed in 15 days
  • GDL puts up good show in Q3
  • 24 in fray for Udaipur airport facelift
  • Aswin Bhat soars with Swiss WorldCargo
  • Pawar-no plan to cut edible oil import duty
  • Foreign Trade Policy Analysis: Current Trends - By M. Sreedharan
  • IFFCO rolls out red carpet for Jordan royalty

Maritime Global Netweb site
JANUARY 31, 2008
  • Brussels barges in on class
  • Coral Sea trio to be kept in jail without charge
  • New route for Imarex
  • Camillo Eitzen pulls out of pool

Marine Logweb site
JANUARY 31, 2008
  • NASSCO wins $459.8 million T-AKE award
  • $6 million upgrade for Harvey Gulf International OSV
  • New special ops craft exceeds 50 knots
  • Jinhui cancels two VLOC orders

World Wide Shipperweb site
JANUARY 31, 2008
  • Audit Response Action Plan added to Port of Seattle website
  • Panamanian ports report record box moves during 2007
  • Mystic Seaport student earns Crowley memorial scholarship
  • Oregon governor names pair to transportation commission
  • Boeing begins assembly of new 777 freighter

Lloyd's Listweb site
JANUARY 31, 2008
  • US bulk operators fear China will not fulfil orders
    NEW York forum doubts Chinese shipyards ability to meet huge orderbooks and deliver ships on time.
  • South Korea loses top shipbuilding slot to China
  • Jinhui axes VLOC order as credit crunch bites
    BULKER operator cancels $245.24m deal to keep overall cost of borowing in check.
  • ICAP swoops for Capital Shipbrokers
    WORLD'S biggest inter-dealer brokerage expands presence in tanker market.
  • Gazprom seeks to break down barriers in Nigeria
    GAZPROM cannot be accused of being coy about its ambitions to capture a larger share of international gas markets.

Fairplayweb site
JANUARY 31, 2008
  • North Cyprus to expand Syrian links
    The rebel state of North Cyprus will expand its shipping links with Syria and a controversial ferry service will resume shortly
  • Peel Ports eyes overseas projects
    PEEL Ports, the UK's second largest port operator, says it is still interested in investing in port internationally ' despite reports to the contrary
  • International future for new course
    SINGAPORE has presented its first cohort of maritime graduates from a course that it hopes will be globally significant
  • Port president arrested for fraud
    THE port authority for Itajai, Brazil, has a new interim president after Wilson Francisco Rebello was arrested on Monday on suspicion of fraud
  • Dredging delays haunt Hamburg
    DRAUGHT problems in the Elbe have not stopped Hamburg grabbing more container market share, but the spectre of dredging delays is making box and bulk operators anxious
  • Market mayhem stops Seacastle IPO
    SEACASTLE, a container and intermodal holding company, has failed to go public on the New York Stock Exchange as a result of market unrest
  • Tired pilot blamed for grounding
  • Tankers tempt ICAP to buy Capital
  • POSCO gets Vietnam nod
  • MarAd sells 'ghost ships'
  • Snow in China damages logistics
  • Blizzard blamed for fatal collision
  • Dredgers suspect as MidEast cut off

The Journal of Commerceweb site
JANUARY 31, 2008
  • Ports America CEO Tilden predicts cargo diversion absent upgraded capacity
    Executive says projected Asian cargo surge over next decade will flow through Mexico or Canada instead of West Coast ports.
  • BBC merges U.S. operations
  • Intermodal loadings lead rail traffic decliners
  • Seattle port plans new controls on construction projects
  • "K" Line profits rocket
  • U.S. steel imports fall
  • Bulk powers MOL earnings
  • Hanjin starts China-India loop
  • Hamburg boxes climb 11.6%
  • NY forwarders honor King
  • Rotterdam signs fruit pact

Containerisation Internationalweb site
JANUARY 31, 2008
  • Portonave meets threats with ice-cool response
  • 'Heaviest snowstorms in 50-years' paralyzes China's production
  • Eurogate poised to develop Flushing terminal
  • EMERA and IPBCC implement new eastbound rate hikes
  • Double-digit decline for Port of Charleston

TradeWindsweb site
JANUARY 31, 2008
  • Ro-ro listing off UK
    The UK coast guard is working to rescue four passengers from the Seatruck ro-ro Riverdance as it lists in the Irish Sea.
  • Tidewater purchases shares
    US offshore vessel giant pumps $50m more into a share repurchasing program.
  • Injury toll at 12
    BPZ Energy releases details of a fire aboard a military-chartered products tanker off Peru.
  • K-Sea gets an A
    US tank-barge owner's quarterly profits jump by 152% on the June acquisition of Smith Maritime Group.
  • CMB buys and sells
    Compagnie Maritime Belge sells an FPSO co-owned with Exmar and buys a bulker.
  • More VLGC blues
    Weak rates for very large gas carriers contribute to $21.6m loss for Belgium's Exmar
  • SFI ties up boxships
    Two 1,700-teu containerships to transition from short-term time-charters to long-term bareboat fixtures.
  • CPP banks $350m facility
    With expansion in mind, US-listed products tanker owner inks credit with HSH Nordbank and DnB Nor Markets.
  • Torm taps CFO
    US and Denmark-listed owner hires a former AP Moller-Maersk executive for the top finance job, 19 months after the resignation of his predecessor.
  • Erria offers up another
    Danish owner inviting investors to snap up 60% of 2006-built chemical/products tanker.
  • Svensen: 'IACS not a cartel'
    Commission has its wires crossed as cooperation between association members is required by EU law, chairman says.
  • ITF union: Viking won
    British ratings' union RMT says European Court of Justice verdict in Finnish ferry case was a victory for employers.
  • Marinakis in the money
    Nasdaq-listed Capital Product Partners sees profit boosted by late upturn in the spot market.
  • Eimskip free of airline baggage
    Icelandic line looks forward to life without loss-making air freight operations as profit rises.
  • Numbers up at Kirby
    Full-year profit and sales figures up at US tank-barge operator Kirby Corp.
  • Jinhui pulls plug on VLOC pair
    Credit crunch forces Oslo-listed owner to cancel $245m worth of shipbuilding contracts.
  • Hanjin hot in the fourth
    South Korean shipowner will splash $1.27bn on vessels and equipment after seeing full-year profits soar.
  • New ferry springs a leak
    Quick spot of welding needed after new Robben Island vessel launched at Far Ocean Marine.
  • Sleepless in Chesapeake
    Over-tired pilot wrapped in USCG report into grounding of panamax bulk-carrier off east coast last year.
  • Icap Hyde snaps up Capital
    UK dry cargo broker makes move into tankers by buying London chartering and S&P specialist.
  • Keppel strong on home straight
    Singapore-listed shipyard enjoys lucrative fourth quarter with full-year profits up 85%.
  • K Line nearly doubles its money
    Another of Japan's big three posts strong profit on Thursday as bulkers and boxships strengthen.
  • Yards ahead in China
    China State Shipbuilding Co reports bumper 2007 profit but won't reveal actual figure.
  • HHI on a high
    Korean shipbuilding giant sees record profit in fourth quarter and strong first half bolster annual result.
  • Shipping brings down the net
    Anchors blamed for cuts in two undersea cables that have disrupted internet services in Middle East and India.
  • Deja-vu for K Line Kinkai
    K Line unit has again upped its full-year forecast after an improved nine month showing..
  • MOL benefits from bulkers
    Soaring dry markets make up for weaker tanker and boxship sectors as Japanese owner increases third-quarter profit.
  • Strategic scoops three
    Australian shipbuilder's Singapore yard to build crew vessels for Dutch group Smit.
  • Daewoo gets gassed up
    South Korean shipbuilder nets a $500m two ship order from Brunei LNG, with another two options in waiting.
  • Greeks go newbuilding nuts
    Shipowners took their spending on newbuildings in 2007 to $32bn, according to brokers George Moundreas.
  • Sasebo steps on the gas
    Japanese shipbuilder's nine-month profit soars as it diversifies into LPG ships.
  • Shell loses clean crown
    UK oil major has been overthrown as the king of the clean charters, but who is the new No 1?
  • Profits ease at Taiheiyo
    Japanese tanker and bulker company sees third quarter performance decline by almost 40%.
  • Seacastle shelves IPO
    Vessel- and container-owning firm blames "unfavourable market conditions" for decision.
  • HPH inks Brisbane terminals
    Li Ka-Shing's Hutchison Port Holdings to lease container facilities at Aussie port in AUD200m deal.

American Shipperweb site
JANUARY 31, 2008
  • European regulators raid classification societies
  • MOL profit up 66% after three quarters
  • Hanjin Shipping sees profit drop 66% in 2007
  • Containerships switching Poland calls to new DCT Gdansk terminal
  • FEFC keeps same BAF, CAF charges for March
  • BPE offers online training for trade specialists
  • OAS urges extension of Caribbean trade pact
  • New border crossing ID regulations start
  • APHIS reopens comments period on citrus shipments
  • Summit Global Logistics files under Chapter 11
  • GreenCarrier brand expanded to Estonia
  • Antwerp's box volume up 16.5% in 2007 to 8.2 million TEUs
  • Mexico to start 1,200 infrastructure projects by March
  • Ceres Terminals promoting Crouch, Ziegler

The Scandinavian Shipping Gazetteweb site
JANUARY 31, 2008
  • Mærsk sells its car carrier fleet to Höegh
    A. P. Møller-Mærsk and Höegh Autoliners has come even closer to each other after a deal done this week in which A. P. Møller-Mærsk has sold its entire fleet of car carriers to Höegh Autoliners and has been ...
  • Mounting marine insurance hull and cargo claims
    During the first six months of last year 20 major claims amounted to a claims bill for hull and machinery underwriters of around USD 780 million. The full year's total is now expected to be in the excess of USD ...
  • Containerships to DCT Gdansk
    Containerships has concentrated its Polish traffic to the new DCT Gdansk deepwater container terminal. There are two weekly services from the terminal: Gdansk'S'dert'lje'St Petersburg'Helsinki'Aarhus and Gdansk'Teesport. The Containerships Group has its headquarters in Helsinki and ...

The Bunker Bulletinweb site
JANUARY 31, 2008
  • Russian terminal to cut fuel oil exports
    Terminal operator wants to concentrate on middle and light distillates.
  • Japanese lines keep record forecasts
    But 'skyrocketing' bunker costs are denting profit potential.
  • Rotterdam market stable at midday
  • 'Severed cables' hit internet services
    Parts of Middle East and India face problems but bunker markets escape disruption.
  • Petrobras confirms lease at Helios Terminal
    Petrobras and Chemoil agree long-term lease at Chemoil's new Singapore terminal.
  • Operations at Helios Terminal 'successfully' underway
    Chemoil's new 7,000 dwt will bunker tanker will help it deliver larger stems.
  • Fuel oil inventory at all-time high
    Singapore's onshore stocks of residual fuel above 16 million barrels.
  • Chinese New Year charges to apply in East Asia
    China, Hong Kong ports to apply additional charges; some Taiwan ports to close for holidays.
  • SPC net profit soars 78.6% in 2007
    SPC chairman says 2007 results 'the group's best performance to date.'

›››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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