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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:37 GMT+1
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BRIEFS
July 4, 2008
The Business Timesweb site
Shipping News
  • Indian shipping companies see strong growth
    RUNAWAY crude oil prices are affecting Indian shipping companies for better or worse - depending on whether they use oil for fuel or carry it as cargo.
  • Damco in list of top 10 global freight firms
    Damco, the freight forwarding arm of giant Danish line Maersk marked its first year of operation by making it to the list of the top 10 global companies in its area of expertise. It was driven by an 'encouraging' 26 per cent revenue growth and 20 per cent increase in client base in the Asia-Pacific region, said Asia-Pacific head Jens Wessel yesterday.
  • Wartsila buys Vik-Sandvik
    Finnish engineering group Wartsila has bought Norwegian ship design firm Vik-Sandvik for up to 170 million euros (S$365 million) to boost its competitive position, Wartsila said yesterday.
  • Doosan may sell off assets to buy Daewoo shipbuilding
  • £3b navy deal creates 10,000 UK jobs
  • STX Group falls on funding concerns

Sched Netweb site
  • UASC orders nine 13,100-TEU newbuildings from Samsung
  • APM urges terminal capacity upgrades as ships get bigger
  • China's trade value up 26pc, surpasses US$1 trillion in five months
  • Xiamen port international transshipments soar 237pc in first five months
  • Angry truckers move to enforce India-wide strike over fuel
  • Mundra Port sees bright future as linked to SEZ
  • Australian truckers threaten nation-wide blockade over fuel costs
  • Maersk's freight forwarder Damco turns one this month
  • Mainland, Taiwan agree to launch weekend chartered flight on July 4
  • Cathay Pacific May cargo volume up 7.8pc
  • ABX Air Cargo B762 a write off after fire breaks out

Exim Indiaweb site
  • IFLN launches new global supply chain management service
  • Seatech Shipping executes a massive task
  • Shipping Secy to meet port unions on July 8 in bid to avert strike
  • Secretaries of key Ministries to grace July 7-9 FIATA & UN-ESCAP meetings
  • Rlys agree to scrap 60 pc surcharge on iron ore hauled to steel units
  • DHL becomes Airbus' lead transport provider
  • Lufthansa lands in Pune!
  • Baalu urges transporters to end strike
  • MoF considering more service tax relief to truckers
  • Minimum export price of onion raised by 15 pc
  • No further non-Basmati rice exports for now, rules Supreme Court
  • Limit cotton exports & slash import duties, urge textile producers

Maritime Global Netweb site
JULY 3, 2008
  • Stolt Tankers feels bunkers pinch
  • Wartsila buys ship design group
  • Suezmax conversion for Dockwise

Marine Logweb site
JULY 3, 2008
  • DryShips sells three and buys four
  • Cosco Busan pilot to retire
  • Atwood Oceanics negotiating semi contract at Jurong
  • Wärtsilä swoops on Vik-Sandvik
  • Philadelphia Gear buys most of GE's marine gear biz
  • Maersk Line orders 16 more
  • U.K. inks carrier contracts

World Wide Shipperweb site
JULY 3, 2008
  • Coast Guard submits review of Coos Bay LNG facility
  • NAFTA partners set record with April surface transport totals
  • Ferry service hours extended for Everett Jetty island Days
  • Pacific Maritime Association gives contract talks update
  • Weekly rail freight totals again hit by Midwest flooding

Lloyd's Listweb site
  • Ukraine releases report on Neftegaz-67 collision
    MINISTRY lays blame for accident on Neftegaz-67, Yao Hai and Hong Kong's Marine Department in draft findings.
  • DryShips buys four new ships in fleet renewal
    THE company is selling three older panamaxes for $213m and buying four bulkers for $400m.

Fairplayweb site
JULY 3, 2008
  • Charges against OSG reinstated
    OIL dumping related charges against Overseas Shipholding Group and the chief engineer of one of its vessels were reinstated by a US federal appeals court yesterday
  • Eurogate forges inland terminal network
    GERMAN box terminal operator Eurogate is launching its own inland terminals to ease the pressure on its ocean terminals in Hamburg and Bremerhaven
  • IRISL earns revenues of $1.6bn
    ISLAMIC Republic of Iran Shipping Lines has increased its revenues by 60%
  • RCL buoyed over future terminal
    ROYAL Caribbean Lines feels buoyed by prospects of a new cruise terminal and growth in Asia's cruise industry to homeport in Asian-Pacific cities
  • Britannia P&I pays up for Pasha
    THE BRITANNIA Steam Ship Insurance Association will pay Newcastle Port Corp almost A$2M to cover costs incurred during the grounding and salvage of the Pasha Bulker
  • Princess will be salvaged
    MARITIME authorities in the Philippines have confirmed that they are forcing Sulpicio Lines to refloat the capsized Princess of the Stars

The Journal of Commerceweb site
JULY 3, 2008
  • Maersk orders 16 container ships for South American trades
    Strong growth in trades to Asia and Europe spur the Danish carrier's second big order in as many weeks.
  • No deal yet: ILWU, PMA negotiators take a holiday break
  • Japan, US to screen for nukes at Yokohama
  • Lautenberg introduces HMT exemption bill
  • NYK gets new boxship
  • Kintetsu, Korean firm to start Russian venture
  • Customs Update: Big issues roil traders
  • Exports power volume gains for West Coast ports
  • S. Korean leader calls for end to US beef dispute
  • Port of Longview receives new crane
  • TSA, WTSA hike surcharges

Containerisation Internationalweb site
JULY 3, 2008
  • US West Coast ports work on as labour contract expires
  • Bunker surcharge war erupts in Asia
  • Maersk orders mega box reefer ships
  • Saadé expects CMA CGM to do better than most in downturn
  • Tamper proof container launched

TradeWindsweb site
JULY 3, 2008
  • Buyer and seller
    US-listed DryShips sells off three panamax bulk carriers, and it buys four from CEO George Economou.
  • Not enough
    Victims of the Norway boiler explosion say full restitution is much more than the $13.8m Norwegian Cruise Lines has been ordered to pay.
  • Order No 2
    Maersk Line confirms second big order with an agreement for 7,450-teu boxships at Daewoo.
  • DVB backs Cheng
    Coalition of banks including DVB and Fortis Bank put up $325m long-term loan in the Energy Infrastructure Acquisition-Fred Cheng tie-up.
  • Goodbye Donna
    OSG VLCC Overseas Donna goes to unspecified Greek buyers for $137m, brokers say.
  • Gobbled up
    Finnish engine builder Wartsila splashes out on Norwegian ship design group Vik-Sandvik
  • Not just talk
    Buyers put their money ' $68m of it ' where their mouth is as Nordic Tankers reportedly sells a panamax.
  • Dry lifts Imarex
    Norwegian derivatives broker posts "new volume record" in second quarter thanks to bulker trades.
  • Sealink to list
    Malaysian shipyard and offshore vessel player launches IPO to fund expansion.
  • Enough for now
    Jaakko Eskola says Wartsila is now "a leading ship designer" after buying Vik-Sandvik, but is always looking to expand its other operations.
  • On the move
    Utilisation rates slip at Petroleum Geo-Services as more seismic vessels spend time steaming to the North Sea and Asia.
  • Kailing gets cable
    Chinese shipyard claims to be building country's first cable-layer for domestic power company.
  • GO gets cash
    Greek bulker owner leaving London bourse bags $130m loan from compatriot bank Marfin.
  • Where's Marimon?
    Mystery surrounds the fate of the captain of the ill-fated Princess of the Stars.
  • Double trouble
    Norwegian Dawn cruiseship rescues two US sailors in separate incidents within 12 hours.
  • Tsuji doubles up
    Japanese shipbuilder to set up second yard in China at a cost of $472m.
  • Selling to buy
    Korea's Doosan group could offload property and other assets to fund bid for Daewoo Shipbuilding.
  • Harris pulls IPO
    Handysize bulker player Maritime Capital latest listing candidate to pull the plug.
  • Frost fairwell
    Golar finally wraps up sale of Golar Frost to Livorno LNG operator with charter back before conversion.
  • Another handy
    Japanese ship financier Uni-Asia returns to Kanasashi Heavy Industries for newbuilding.
  • Havila orders SCV
    Oslo-listed offshore vessel operator adds to orderbook at domestic yard Havyard Leirvik.
  • Euroseas files
    Aristides Pittas-led bulker and boxship player looks to raise up to $400m in fresh capital.

American Shipperweb site
JULY 3, 2008
  • Maersk in second containership order spree
  • Asian Shippers' Council: South China emergency bunker charge improper
  • Suzuki retires as MOL (America) chief, Kitazawa to succeed
  • Fredriksen increases stake in Hapag-Lloyd parent
  • Textainer extends and increases loan
  • Wartsila to acquire ship design firm
  • Boudreau named regional executive at Safmarine
  • EC issue rules on shipping conferences, shipping pools
  • IATA sees sharp dip in air freight growth
  • Schneider rolls out new bulk product
  • Midwest LTL Alvan goes under
  • RoadLink snaps up Pacific Northwest intermodal provider
  • Con-way Freight seeks to enlist U.S. Army reservists
  • Agility buys out Danish forwarder, expands East Europe footprint
  • West Coast dockers' contract expires, talks continue
  • Calif. statewide container fee bill delayed again
  • Matson, merchantmen unions agree to new labor contract
  • Eurogate developing inland terminal network
  • COSCO Pacific in container sale leaseback deal

The Scandinavian Shipping Gazetteweb site
JULY 3, 2008
  • Amiya Scan released
    The owner of the coaster Amiya Scan has paid a ransom of USD 1.25 million for the release of the coaster from Somali hi-jackers. The price is the highest ever paid for a release of a commercial ship ...
  • Wärtsilä acquires Vik-Sandvik
    Wärtsilä aims to become a leader in ship design and acquires global ship design group Vik-Sandvik, a leading independent group providing design and engineering services to ship owners and the ship building industry worldwide. The company has its headquarters ...

The Bunker Bulletinweb site
JULY 3, 2008
  • Global bunker market report
  • Bunkers dent Q2 profits at Stolt-Nielsen
    Revenues up but operating margin 'continued to decrease' due to rising costs.
  • Towing kite can cut bunker consumption 'by half'
    Fleet operator orders SkySails for its next three newbuilds.
  • New crisis threatening marine lubricants supply
    Lubmarine warns of dramatic impact on market as base oil shortage becomes critical.
  • China fuel oil tariffs 'to drop'
    Reports say government is under pressure from high prices.
  • Asian markets see double-digit gains
    Bunker prices continue to rise, supply getting tighter in some markets.
  • Rotterdam market firming
  • 'Crisis looming' for bunker suppliers
    Rocketing prices mean players face new levels of risk.
  • Singapore residual fuel stocks down
    Fuel oil stocks dip as arbitrage arrivals fall by 35%.
  • Tight supply on cargo delay
    Hong Kong bunker traders expect replenishment in the second half of the month.
  • Bunker costs force changes in Worldscale assessments
    IMAREX sets new flat rates to calculate TCE rates for tanker futures contracts.
  • Crude oil tops $144
    Drop in US inventories triggers new supply worries.

›››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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