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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:59 GMT+1
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BRIEFS
December 2, 2008
The Business Timesweb site
Shipping News
  • Red tape ties up efforts to subdue pirates
    Somali pirates firing automatic weapons and rocket-propelled grenades hijacked yet another ship in the Gulf of Aden last Friday, this time seizing a chemical tanker.
  • Avoiding pirates to cost Japan ships US$100m
    Japan's shipping industry would incur more than US$100 million in extra costs if its vessels change their routes to avoid rampant piracy off Somalia, an industry group said yesterday.
  • Suez traffic not affected
    Egypt denied that international shippers were avoiding the country's Suez Canal, the waterway that carried a tenth of the global seaborne trade in 2007, after an escalation in piracy off east Africa.
  • Slowdown hits US West Coast ports
  • Penang Port set for new image, better facilities
  • Golden Ocean aims to cut shipbuilding plan

Sched Netweb site
  • Asia Shipowners Forum wants governments to tackle pirates
  • Mexico's Lazaro Cardenas receives its biggest ever box ship - 7,226 TEU
  • Suez awaits trend as pirate attacks spark Cape diversion talk
  • Study: China express sector to grow 23pc annually despite world slump
  • DB fears 40pc slump in volume, but vows no rail yards to close
  • Partners sought by Antwerp Port Authority to develop hinterland
  • October US trucking down 3pc after falling 6.3pc over four months
  • Engine room simulator can run on personal computer
  • Tanker fleet fined US$40 million for deliberate pollution in Texas
  • Global air traffic decline continues for second month
  • Qantas further cuts capacity, revises earnings forecast
  • Singapore Changi Airport welcomes Shenzhen Airlines

Exim Indiaweb site
  • Marimed Shipping celebrates three successful years of own operations in India
  • NSB to celebrate golden jubilee of inception on grand scale
  • 50 pc of commodity shipping lines found breaching loan terms
  • Baltic dry index at 22-year low
  • Piracy driving up delivery times and shipping costs
  • Hi-tech becomes integral part of container terminal operations
  • Yacht skippered by Brazilian wins 2nd leg of Ocean Race
  • GE Shipping delivers Jag Vidya to buyers
  • Pirates seize 31-crew tanker with 25 Indians
  • Grand Alliance changes South China-US East Coast service in conjunction with TNWA
  • CMA CGM & Maersk Line to rationalise services between Asia & US
  • Evergreen Line joins two services into one US-Asia-EU loop
  • DP World executive asks US to open up ports to foreign investors
  • Costa Container Lines to become Hamburg Sud in 2009
  • New cost-effective solution from WCA Family
  • CKYH cuts 30 pc capacity on Asia-Europe route
  • CMA CGM wins Beijing approval for 50-year JV to build Xiamen CT
  • Kalmar's terminal tractor sales reach all-time high
  • DCT Gdansk uses Jade Master Terminal to integrate with Maersk Line
  • Salalah Port orders 42
  • MPSEZ, NYK & Wallenius Wilhelmsen sign MoU for automobile terminal
  • Bombay Chamber's Indian Ports & Shipping 2008 postponed
  • Annual inflation down to 8.84 pc
  • German managers see bright economic future for India
  • PM heading FinMin good for country-India Inc
  • Transparency in India-EU FTA talks sought
  • Ficci donates Rs 1 cr. for fallen heroes
  • German state team to hold 1-to-1 meetings

International Transport Journalweb site
DECEMBER 1, 2008
  • Stena Line Freight names new area sales manager
  • Russian ships sail in guarded convoys through Gulf of Aden
  • Bangkok airport still closed
  • EU gives green light for sale of MAV Cargo
  • Ceva Logistics Malaysia unveils facility expansion

Maritime Global Netweb site
DECEMBER 1, 2008
  • Liberian tanker hijacked, guards escape
  • ELAA defends consortia
  • Seaarland steers clear of Gulf of Aden
  • ITF mobilises over Hebei Spirit officers
  • UK War Risks widens membership
  • Perils of containerised rubbish

Marine Logweb site
DECEMBER 1, 2008
  • Dunlop cops plea in hose price fixing case
  • James River barge service starts--with a new name
  • Bourbon takes delivery of tenth Liberty
  • ST Marine to build seismic survey vessel
  • Mumbai terror started at sea

World Wide Shipperweb site
DECEMBER 1, 2008
  • Carriers eye Mundra Port for new dedicated auto terminal
  • Matson Navigation plans series of rate increases
  • New York/New Jersey forwarders name Keller top person for 2009
  • Homeland Security Department wants more information from shippers
  • Steel imports into US up during month of October

Lloyd's Listweb site
DECEMBER 1, 2008
  • V.Ships vessel stranded in Gulf of Aden
    TERRIFIED crew refuse to sail ship further after witnessing Biscaglia hijacking.
  • Unarmed guards foiled in chemtanker attack
  • Greek officers held after drugs seizure
    DETAILS emerge of new case in South America, as Greek court was setting free Croatian reefer master Kristo Laptal.
  • Golden Ocean abandons Navios 'consolidation' plan
    BOLD plan by John Fredriksen-owned company appears to have been scuppered

Fairplayweb site
DECEMBER 1, 2008
  • Napolitano nominated for DHS
    ARIZONA Governor Janet Napolitano was nominated today, as expected, to head the Department of Homeland Security, signalling President-Elect Barack Obama's focus on coping with illegal immigration
  • Bohai invests near Tianjin
    BOHAI Oil, Marine Engineering & Supply has invested 2.45Bn yuan ($646.3M) to build a marine engineering division for Bomanke Marine HI
  • Golden Ocean shares slip 16.4%
    SHARES in Golden Ocean, the drybulk venture controlled by John Fredriksen, fell sharply on a bearish Oslo market after the group reported its results for this year's third quarter ' and revealed it had axed its interim dividend
  • Pirates fire on cruise ship
    DETAILS emerged today about how an 11-deck cruise ship evaded pirates who had opened fire over the weekend in the Gulf of Aden
  • Union role hailed in Polish yard deal
    POLAND'S treasury ministry said today it welcomed the part played by unions in what it called the settlement signed over the weekend on restructuring the Gdynia and Szczecin yards
  • WWL, NYK in car terminal venture
    MAJOR vehicle carrier companies Wallenius Wilhelmsen Logistics and NYK have agreed to build a terminal at the Indian port of Mundra
  • Adina could be released shortly
    PIRATES holding the Yemeni cargo ship Adina are reportedly prepared to release it today without a ransom being paid

The Journal of Commerceweb site
DECEMBER 1, 2008
  • New lows for box ship charter rates
    As market slips to levels of 2002 slump, rates likely to fall even further as carriers return more vessels to owners as they come off hire
  • Maersk Line shifts one PNW service to Port of Tacoma
  • Obama chooses Napolitano to lead Homeland Security
  • European Shippers supports consortia market share
  • After loss, Zim aid readied
  • Pirates to free Ukraine ship
  • Zim upgrade calls Tampa
  • Air cargo down 7.9%
  • FMC to meet Dec. 3
  • UN: Global stimulus needed
  • Asia air cargo dives

Containerisation Internationalweb site
DECEMBER 1, 2008
  • Aftermath of Itajai flooding: 'weeks to recover'
  • Opec threatens 'major' output cut
  • Maersk off-loads underperforming trucker
  • Carriers' to see red
  • New eco-friendly box and ro-ro terminal opens at Helsinki

TradeWindsweb site
DECEMBER 1, 2008
  • Navios reduced
    S&P cuts its outlook on Navios Maritime Holdings from "positive" to "stable".
  • Shares tumble
    US shipping stocks follow broader markets downward on gloomy economic data.
  • Sovcomflot surges
    Russian tanker owner reports 25% jump in nine-month profits after revenue soars.
  • Frontline cut
    Tanker owner's shares on the rocks on both sides of the Atlantic after a top analyst places "sell" tag on its stock.
  • 'War zone' grows
    Unions and owners agree to expand "danger money" area in Gulf of Aden to include Yemeni coast.
  • Stena profits fall
    Swedish owner reports 66% drop in net income, but a company official says operational results are strong.
  • Sirius-ly?
    Somali president claims release of Vela VLCC imminent and without any ransom payment.
  • OSG extends
    DHT Maritime bags charter renewals on seven vessels from its former parent.
  • Maystar mayday
    Ship rescues 16 crew members, helicopters scrambled as vessel reported sinking off Malta.
  • Godau no go
    Unigas Kosan warns polluted waters of Vietnam's Thi Vai river can attack hull coatings and steel.
  • Delayed again
    Anders Holm-led Nexus puts back delivery of second vessel by a further 18 months and can tear up the deal at no extra cost.
  • Ship breaks arrest
    Damaged vessel detained in Tanzania is on the run after its unauthorised exit from Mtwara.
  • Ships needed
    Vancouver's Winter Olympics organising committee wants small cruise vessels as floatels for 2010 games.
  • Grounded
    Estonia's Tallink says it is sticking to ferry business after link to move for Estonian Air.
  • Golden not paying
    Golden Ocean suspends dividend and warns it will cancel or postpone newbuildings despite profitable third quarter.
  • Island incident
    Passengers, crew safe after Taiwanese vessel runs aground off Philippines, but authorities initially held them on suspicion of smuggling.
  • GOGL in at Navios
    John Fredriksen-led bulker owner has built a significant stake in Angeliki Frangou's Navios but a takeover is now off the short term agenda.
  • Faina deal struck
    Deal reached to free Ukrainian arms ship and crew from Somali pirates, but at what cost?
  • Lawyer is a victim
    Young Stephenson Harwood solicitor, Lo Hwei Yen, killed by Mumbai terrorists.
  • Minoan hit
    Greek ferry player's nine-month profit drops significantly on fuel costs as Italy's Grimaldi tightens grip on company.
  • IHB up
    Bulgarian shipbuilding group boosts nine-month profit by a quarter as costs fall.
  • Nigg hope
    Plans are afoot to turn Scottish naval shipyard into centre for ferry building.
  • Clipper content
    Danish owner has no plans to up its stake in domestic ferry operator Mols-Linien.
  • Cargoship burns
    Shanghai Vasteast vessel suffers significant damage in blaze at Luojing in China.
  • TTA booms
    Thai bulker operation rakes in $257m for year to 30 September, a golden era for dry cargo before the crash.
  • Close call
    Upmarket cruise ship Nautica shows pirates clean pair of heels after attack in Gulf of Aden.
  • FreeSeas fixes
    Varouxakis-led bulker player ties up 26-year-old handysize for 35 days at lowly charter rate.
  • Nepline turns red
    Malaysian tanker owner slips to a loss in third quarter on higher costs and reduced revenue.
  • Titan offloads
    Hong Kong-based owner and oil trader confirms sale of single hull VLCC Titan Neptune.
  • HUBLine falters
    Profits at Malaysian bulker and containers ship operator decline from a year ago on higher costs.

American Shipperweb site
DECEMBER 1, 2008
  • Guards, overwhelmed by Somali pirates, abandon ship
  • CTSA fuel surcharges down 66% in two months
  • Hamburg Süd to open office in Colombia
  • GAC opens office in Mozambique
  • Cathay outlines plans to cut near-term costs
  • SAS Cargo goes paperless
  • Deutsche Bahn tests longer train
  • YRC Worldwide in tentative deal with Teamsters
  • North Korea clamps down on border with South Korea
  • CEVA opens facility, wins contract in SE Asia
  • L.A. port green lights oil terminal project

The Scandinavian Shipping Gazetteweb site
DECEMBER 1, 2008
  • Frontline slashes dividend
    John Fredriksen-controlled Frontline reports a substantial lift in profits for the third quarter, USD 107.8 million against USD 22.7 million in the third quarter 2007. Despite this, the company announced that the dividend will be reduced to ...
  • Security guards fled from pirates
    An unarmed security group of three from UK security firm APMSS failed to fend off a piracy attack on the Liberia-flagged 27,350-DWT tanker Biscaglia. The group used water canons and an acoustic device but came under heavy and ...
  • New Samsø-ferry launched in Perama
    Samsø-Trafikken's new ferry was finally launched Thursday last week at Perama, Greece. The ferry is some months delayed as it was planned to be delivered in early October 2008 when Nordic Ferry Service took over the service between Hou ...

The Bunker Bulletinweb site
DECEMBER 1, 2008
  • Trader reshuffle at Ship-Service
  • IMO calls piracy 'grave concern'
    Head of UN body says diverting ships from danger zone increases bunker costs and adds to emissions.
  • Bunker costs dragging down profits
    Weakening fuel prices come too late to boost financial results.
  • Soft start to month for bunkers
    Demand up in Singapore and Hong Kong.
  • Toyota Tsusho opens in Shanghai
    Fuel trading activities to focus on China and Hong Kong.
  • Brightoil injecting cash to fund expansions
    More than $20 million cash added under share purchase plan.
  • OPEC passes chance to cut output
    But cuts will be discussed again at a meeting in mid-December.
  • Titan sells another VLCC at book loss
    Group is looking to sell still more of its fleet

›››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%)
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
COMPANIES
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
COMPANIES
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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