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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
10:17 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
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
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