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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:26 GMT+1
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BRIEFS
October 2, 2008
The Business Timesweb site
Shipping News
  • Baltic Dry Index sees biggest falls on record
    The Baltic Dry Index, a measure of shipping costs for commodities, had its biggest monthly and quarterly drops on record as Chinese holidays curbed chartering and raw material demand from the country's steelmakers weakened.
  • Polish yards' fate in the balance as talks fail
    Poland's historic shipyards faced a risk of bankruptcy after emergency talks between the European Commission and Warsaw on Tuesday failed to resolve doubts over massive state aid they had received.
  • Chinese demand to prop up Gulf tanker rates
    The cost of shipping Middle East crude to Asia, down for the first day in seven on Monday, may stem further declines as owners anticipate Chinese refineries will accelerate their demand for vessels next week.
  • K2 expects volatile market
  • Bidding opens for Panama expansion

Sched Netweb site
  • New federal container tax bill from California congresswoman
  • Agility acquires Shanghai-based Baisui Logistics
  • Shipping lobby resists arming merchantmen against pirates
  • Malaysia's Rajang invests US$9.7 million in port development
  • NOL chief Widdows new chairman of the World Shipping Council
  • Kuehne + Nagel appoints new management board member
  • Power cuts loom at Nhava Sheva terminals in India
  • South Carolina ports release air emissions inventory
  • Hong Kong's AAT launches real-time truck monitoring
  • Lufthansa airfreight moves to World Cargo Centre, Leipzig
  • Austrian Cargo Vienna-Kiev route cargo-only

International Transport Journalweb site
OCTOBER 1, 2008
  • Samskip appoints country manager Italy
  • Maersk plumps for DCT Gdansk
  • Lufthansa Cargo moving to World Cargo Center Leipzig
  • First scheduled rail shuttle for Euromax
  • Agility acquires Baisui Logistics in China
  • AAAE/IAAE conference in Greece, 28-30 October

Maritime Global Netweb site
OCTOBER 1, 2008
  • Crew costs rising
  • Confusion over hijack ship "shootings"
  • Panama Canal: new bidding round
  • Sea-Cargo orders LNG-fuelled ro-ros

Marine Logweb site
OCTOBER 1, 2008
  • Guilty pleas in Jones Act antitrust case
  • Shipowners face rising operating costs
  • Offshore drilling ban dies
  • Gunderson books big barge order

World Wide Shipperweb site
OCTOBER 1, 2008
  • Crowley Maritime orders more barges from Gunderson
  • Corps set to begin Swinomish Channel dredging
  • AAPA taps Geraldine Knatz as board chair for 2008-2009
  • Panama Canal Authority calls for expansion work proposals
  • Bill sets stronger rules for California ship pilots

Lloyd's Listweb site
OCTOBER 1, 2008
  • Liner executives fear worse is yet to come
    INDUSTRY chiefs rattled by spot rates freefall but predict they have not reached rockbottom yet.
  • Box trades take a battering
  • Save our Seafarers
    LLOYD'S List demands international action against piracy.

Fairplayweb site
OCTOBER 1, 2008
  • Jones Act execs plead guilty
    FIVE Jones Act carrier executives agreed to plead guilty Wednesday as the US Department of Justice probe into price-fixing took a stunning turn
  • Terminals fear truck plan fallout
    THE 'Clean Trucks Program' went into effect today in the ports of Los Angeles and Long Beach and terminal operators are warning of potential congestion
  • Arnold terminates box fee
    CALIFORNIA governor Arnold Schwarzenegger has vetoed a bill that would have imposed a $30/teu fee on containers handled by the ports of Los Angeles, Long Beach and Oakland
  • Dark signs on Polish yards
    POLAND has expressed dismay at what Warsaw sees as a negative EU reception for its plan to restructure the bankruptcy-threatened Gdynia and Szczecin yards
  • Faina ransom talks continuing
    PIRATES who hijacked the Ukrainian ship Faina are negotiating a ransom with the ship's owners, their spokesman confirmed today
  • 100% scanning seen by 2012
    TOTAL box scanning could be attained within four years, BIMCO'S head of security told a port security conference today
  • Companies fail to report piracy
    THE IMO today hit out at shipping companies that fail to report piracy attacks in the Gulf of Aden

The Journal of Commerceweb site
OCTOBER 1, 2008
  • 4 admit guilt in Puerto Rico antitrust case
    The executives have agreed to jail terms for their role in a "wide-ranging conspiracy to rig bids, fix prices and allocate market shares."
  • 5 carriers to launch Asia-Australia VSAs
  • CN fights 'broken process' in EJ&E deal
  • AES not being enforced
  • Schwarzenegger rejects Lowenthal bill again
  • Trucking activity slows as LA-Long Beach program starts
  • Asia-Europe shippers switching to rail
  • PSA grabs top spot among operators
  • WTO chief warns of financial meltdown's impact
  • Crowley orders 8 more heavy-lift barges
  • Rotterdam, Amsterdam to merge IT systems

Containerisation Internationalweb site
OCTOBER 1, 2008
  • Panama Canal invites bids for excavation project
  • Wan Hai to restructure Intra Asia/ME services as the downturn bites
  • Terminals can breathe a sigh of relief
  • Geodis Wilson powers imports for long-term client
  • Busy Melbourne under carrier attack

TradeWindsweb site
OCTOBER 1, 2008
  • Guilty pleas
    Five at Sea Star and Horizon agree to plead guilty to criminal charges in a federal investigation of US-flag container shipping.
  • Stock rollercoaster
    Volatility is the word of the week as shipping stock drop with broader markets.
  • Cash crowned
    In India, Konig & Cie managing director says the shipping sector will have to figure out how to get through a period with less debt available.
  • Estimates cut
    Economic factors and freight rates take their toll on New York analyst's estimates for bulker owners.
  • Norden a 'buy'
    Danish bulker giant may have seen profit forecast shrivel but many analysts see a silver lining.
  • Curtains down
    TradeWinds Web TV closes the book on the 2008 India Shipping Summit.
  • Probe 'ongoing'
    Although Stolt-Nielsen has settled in a Canadian enquiry into the parcel tanker industry, the case continues.
  • A&B downtown
    Matson Navigation parent Alexander & Baldwin's shares move from the Nasdaq to the New York Stock Exchange.
  • Bulker blues
    Norden slashes 2008 fiscal forecast following record monthly drop in Baltic Dry Index.
  • More grain pain
    Argentina's farmers return to protest mode, vowing not to sell grains for export.
  • TEN backs shares
    Greek tanker owner to buy back another $40m of its own stock, which it still views as a bargain.
  • Box wages surge
    Containership owners see crewing costs jump by a fifth in past year, dwarfing the industry average.
  • Summer stunner
    Deep Sea supply's AHTS fleet sees September income rise as spot rig move rates enjoy best month in nearly a year.
  • DVB goes SE
    German shipping bank DVB has converted to a European public limited company to broaden international profile.
  • Crowley pens 10
    US owner Crowley Maritime returns to compatriot shipbuilder with order for heavy-lift barges.
  • Double deal?
    Washington State Ferries may have found a buyer for two unwanted passenger-only vessels.
  • High and dry?
    Is India feeling the current dry-bulk pain? Will China once again come looking for Indian iron ore?
  • Poland peeved
    Treasury minister Aleksander Grad attacks European Commission for its handling of shipyard restructuring negotiations.
  • Bye bye!
    Nearly 90% of Malta Shipyards workers take early retirement cash as government prepares sale.
  • FDI won't fly
    Foreign direct investment is slow in coming to India while even Indian owners are looking abroad.
  • Sanctions stretch
    Japan to extend ban on calls by North Korean ships beyond 13 October expiration.
  • Meridian lined up
    Pacific Basin offshoot takes over 100% of Liverpool-based Meridian Maritime Services.
  • No Janice effect
    A cut in Maersk's North Sea activity will not hurt spot market, brokers say.
  • Paving the way
    Ministry of Shipping official says India wants more foreign investment in the country's shipping sector.
  • Seizing on Siem
    Arild Borgundvag boosts holding in offshore owner after its share slumps nearly 33% in past month.
  • Ulysses rescue
    Irish Ferries ship saves yachtsman struggling in gale force winds off Wales.
  • Hanjin bond bid
    Korean container line is trying to shift KRW 200bn of notes carrying 7% interest.
  • Strategic sale
    Australian shipyard group finds buyers for two more crew boats built on spec.

American Shipperweb site
OCTOBER 1, 2008
  • Report: Hamburg investors bid more than NOL for Hapag-Lloyd
  • Somali pirates reportedly in ransom negotiations
  • Crowley orders 10 barges from Portland shipyard
  • Crowley signs new lease in San Juan
  • Tanker runs aground in Chesapeake and Delaware Canal
  • JAL strike averted
  • STB approves purchase of DM&E Railroad
  • Hub Group found Yeager dies
  • U.S. House passes hybrid heavy-duty truck bill
  • House passes GSP, Andean trade support bill
  • TT Club hires Sullivan to boost logistics business
  • SoCal ports' truck plan to start Wednesday
  • Schwarzenegger vetoes Calif. container fee bill
  • FMC issues details of SoCal truck plan investigation
  • AAPA appoints L.A. port chief as chair
  • Panama Canal solicits bids for third excavation
  • San Francisco Bay Area harbor pilot oversight bill signed
  • Tideworks installs OCR system at Port of Portland's main terminal

The Scandinavian Shipping Gazetteweb site
OCTOBER 1, 2008
  • Kystlink gives notice to 150 employees
    The Norwegian ferry operator Nye Kystlink AS is likely to close down the triangle service from Langesund to Hirtshals and Str'mstad in the near future and has given notice to their 150 employees. The company is in acute need of ...
  • Faina's master died
    The International Merchant Marine Registry of Belize has now confirmed that the master of the hijacked ro-ro vessel Faina, the Russian Vladimir Kolobkov, has died in a heart attack, reports Tradewinds. The Belize-flagged Faina, carrying 33 Soviet built ...
  • Fjord Line proceeds sailings to Kristiansand
    Fjord Line's high-speed catamaran, the Fjord Cat, will continue sailings between Kristiansand, Norway, and Denmark during the summer season. The company has decided that, due to rough winter weather conditions and lower customer demand, it is not feasible to ...

The Bunker Bulletinweb site
OCTOBER 1, 2008
  • Terpel announces new move
    Colombian bunker supplier informs of new contact details.
  • European fuel oil down after firm opening
    Rotterdam supply could improve later this month as arbitrage window to Asia closes.
  • US oil inventories recover
    First crude oil gain in six weeks bigger than forecast.
  • Future of shipping to dominate Washington conference
    Event will define 'some of the most important issues to face the shipping and bunkering industries for decades' says forum organiser.
  • Russian fuel oil exports via Estonia shrink
    September volumes fall and year-to-date shipments are down.
  • Global bunker market report
  • Prices bounce in Asia markets
    Crude oil weakens ahead of US stock data.
  • Bunker removal 'underway'
    Philippines authorities step up salvage operations
  • ARA - some suppliers fully booked this week
  • Dual-fuel engine factory inaugurated
    Wärtsilä says its dual-fuel engine can switch seamlessly between natural gas and traditional marine fuels.
  • New bunker supplier in India
    Gujarat-based trader planning to expand business after being certified as a registered physical supplier.

›››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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