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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
23:09 GMT+1
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BRIEFS
August 4, 2008
The Business Timesweb site
Shipping News
  • Japan crude tanker rates fall on ample availability
    The world's benchmark super crude oil tanker rates from the Gulf to Japan have fallen to seven- month lows this week due to ample availability of vessels, traders said on Friday.

Sched Netweb site
  • Guangzhou container volume growth tops the world
  • Cosco service cuts out canal at Balboa, railing cargo across Panama
  • MOL restructures North American operation with new team
  • Ningbo port volume exceeds 5 million TEU in first half
  • Qingdao adds 24 box services in first half, volume up 14pc
  • Report: US, Canada need similar Great Lakes ballast water rules
  • Double celebration for Agility Fairs at awards night
  • CAI International reports net quarterly profits up 53.7pc
  • China Eastern Airlines opens a flights from Wuxi to Dalian
  • India's air sector rivals global players in tougher times
  • Shenzhen Airlines launches two new lines
  • China Southern to launch Harbin-Osaka service in August
  • Putin transfers airlines to state defense corporation
  • Korean Air Cargo to add three Tel Aviv flights in September

Exim Indiaweb site
  • Allcargo Chennai proves its mettle in FCL imports too
  • Straight from Safmarine's heart!
  • Robust inflow of orders swell ABG Shipyard's Q1 bottomlines
  • InterManager makes out case for hiking ship management fees
  • 'Nav Ratna' honour conferred on SCI
  • Gati Coast-to-Coast launches Thailand-India direct service
  • Wärtsilä acquires Vik-Sandvik
  • Nafed allowed to hike onion MEP by Rs 840 a tonne
  • Coir products fetch more in value terms
  • CEPA with Sri Lanka in for delay
  • GJEPC projects 15-20 pc export growth this fiscal
  • Engineering exports up by 24 pc in Q1
  • GTI now country's highest box handler!
  • Mundra Port's Terminal 2 gives berth to Capesize vessel!
  • Another loading record set at Vizag Port
  • Interest rate subsidy on export credit being withdrawn from Sept. 30
  • 22 formal & 6 in-principle SEZ proposals cleared
  • EEPC seeks longer multiple entry business visas from Thailand & Malaysia

International Transport Journalweb site
  • Lamprecht names successors
  • Wilh. Wilhelmsen reports good results
  • Intesa SanPaolo to axe 7,000 airline jobs in Italy
  • Con-Way solving driver shortage
  • Norbert Dentressangle with revenue growth
  • 2008 Fiata World Congress, Vancouver (Canada), 23-26 September

Maritime Global Netweb site
AUGUST 1, 2008
  • Hebei Spirit meeting
  • EPA Ballast Water Discharge Regulations row
  • Special areas take effect
  • Ship Finance makes $68m on suexmax resales
  • Services boost Wilh Wilhelmsen

Marine Logweb site
AUGUST 3, 2008
  • Gang of Ten plan could ease OCS drilling ban

World Wide Shipperweb site
AUGUST 1, 2008
  • Port of Seattle employees violate computer use rules
  • US rail freight traffic increases during week
  • New commanding officer for cutter MORGENTHAU
  • Trucking index continues string of monthly increases
  • Crowley teams with CBP for covert container exercise

Lloyd's Listweb site
  • Shipbuilders' share prices tumble on news of cancellations
    SOUTH KOREAN shipbuilders' share prices tumbled following announcements of newbuilding cancellations.
  • Hutchison consortium named preferred bidder for Thessaloniki
    THE CONSORTIUM has guaranteed '419m ($653m) in fees over the 30-year concession period.

Fairplayweb site
AUGUST 1, 2008
  • Tossed ship was 'like a disaster movie'
    GRAPHIC accounts have emerged of injuries and damage onboard the storm-struck cruise ship Pacific Sun
  • No day at the beach as ship refloated
    SALVAGE and towage specialist Multraship, working with Belgian salvage operator URS Salvage & Maritime Contracting, has refloated an Italian-flag chemical carrier that was grounded near a crowded Dutch tourist beach
  • Bulker refloated at Hedland
    WESTERN Australia's Port Hedland has been reopened to traffic after the Restis-controlled, 161,167dwt Iron King spent 12 hours aground in the port's main channel
  • California to sue over ship emissions
    CALIFORNIA'S attorney general plans to sue the federal environment for failing to regulate greenhouse gas pollution from ships and other equipment

The Journal of Commerceweb site
AUGUST 3, 2008
  • West Coast containers decline in June
    Box volumes fall 4.6% through West Coast ports amid weak economy, cargo diversions during longshore contract talks.
  • California to sue EPA over ship greenhouse emissions
  • Ex-Im Bank guarantees loans for exports to Mexico
  • Intermodal rail declines
  • Motions filed against LA-Long Beach port truck plans
  • Briefing slated for Philadelphia terminal project
  • Hanjin wins contract for Port of Algeciras terminal
  • US to promote ME trade
  • Samudera opens service between SE Asia, Myanmar
  • NYK shuts ship units
  • ANA cargo revenue up

Containerisation Internationalweb site
AUGUST 1, 2008
  • Is the collapse of the Doha Round of talks a serious body blow to globalisation?
    At the World Trade Organisation's (WTO) headquarters in Geneva this week the seven-year-long Doha Round [named after the inaugural meeting held in Doha, Qatar in 2001] finally hit the buffers after the US, India and China failed to reach agreement on the so-called special safeguard mechanism (SSM) to protect farmers in poorer countries from a surge of cheap imports.
  • Dachser buys Tank
  • INTTRA launches Idle Container Management module
  • Hapag-Lloyd staff protest again
  • Tasman casualties in extreme weather
  • Hamburg remains optimistic

TradeWindsweb site
AUGUST 1, 2008
  • Scorship scores
    Scorship Tankers reportedly behind the purchase of three handymax products tankers.
  • On the block
    Brokers say George Economou's Cardiff Marine is seeking a buyer for two aframax tankers.
  • Ferry hit Ouzo
    Investigators in UK stand by their finding P&O ship sank yacht, despite court's acquittal of officer.
  • 'Still weak'
    Analyst raises 2008 forecast for Pistiolis-led Top Ships, but says latest results were 'still weak'.
  • On track
    Rising crewing costs cut Tidewater's bottom line but its performance tops market expectations.
  • Tsakos earns more
    Profits surge 84.5% at the US-listed tanker owner, smashing through estimates.
  • RightShip boost
    Charterers' rights strengthened in $40m dispute over bulker vetting system.
  • It's quotes time
    Bulkers get a right banker bashing and will gas players take a leap of faith?
  • Robben rumble
    Delayed new ferry for South Africa's famous prison island at centre of report into financial mismanagement by museum bosses.
  • Share splurge
    US offshore player to splash out $200m on repurchasing it own stock after announcing weaker profit.
  • Boxship blast
    Huge engine of grounded MSC Napoli to be blown up off UK as part of wreck removal.
  • NSB octet axed
    Daewoo Shipbuilding & Marine Engineering cancels $610m order for eight container vessels.
  • ICTSI up
    Second-quarter volumes and revenues grow for Philippines ports operator.
  • Looking mean
    Odd Brevik-led Deep Sea Supply sees average AHTS income pick up by over a tenth in July thanks to strong spot showing.
  • Sniff of port
    Thessaloniki Port Authority installs Hutchinson consortium as preferred bidder to run operations.
  • Mipo fills gap
    Korean shipbuilder adds 10 handymax bulkers to orderbook to use slots left vacant by cancelled chemical tanker order.
  • Hot air in CA
    Group led by California's attorney general pushing to sue EPA over lack of action on greenhouse gases.
  • Up and down
    Strong profit increase for car carrier giant Wilhelmsen in second quarter, but first half figure down on 2007.
  • Red for UDSC
    Ukrainian cargoship player still running up losses in tough first six months.
  • Summer shakeup
    Jon Erik Reinhardsen's PGS secures $100m seismic survey contract for four vessels.
  • Donbas ready
    Ukrainian steel group to submit bid to unite Poland's Gdynia yard with Gdansk once more.
  • FOP finds work
    Olsen's refurbished FSO Knock Dee signs up for 10-year stint offshore Brazil.
  • Back in business
    Greek-owned capesize Iron King has been refloated off Australia's Port Hedland.
  • Back for more
    John Fredriksen's Seadrill has now been buying SapuraCrest stock for virtually 63 days straight.
  • Adeus Rio
    Building consortium Rio Naval pulls nine-tanker Petrobras order out Rio de Janeiro yard.
  • Iron King grounds
    Ship movements suspended at Port Hedland after loaded capesize bulker gets stuck.

American Shipperweb site
AUGUST 1, 2008
  • Wilhelmsen profits rise as cargo volumes increase
  • CTSA fuel surcharge up 17%
  • FEFC issues final bunker, currency surcharges
  • Seaspan's earnings up, broker believes it could be a consolidator
  • International Shipholding results get boost from ship sale
  • Austal begins expansion of shipyard
  • CLARIFICATION: OOCL first half earnings
  • Democrats object to TSA approach on air cargo
  • FedEx 757 marks first for FedEx, National Airport
  • Management Dynamics releases new air freight rate software
  • Internet portal to match draymen, equipment
  • Freight study says China will remain cargo king
  • PHMSA proposes revised rules for transporting batteries
  • NVOs ask FMC for tariff exemption
  • ATA files injunction papers over SoCal truck plan
  • Bremen sees cargo volume increase

The Bunker Bulletinweb site
AUGUST 1, 2008
  • Bearish prices 'not reflected in bunker costs'
    Matson to increase fuel surcharge for August, fuel prices continue to impact on business.
  • IEA predicts peak oil
    Warning comes as new numbers suggesting coming supply crunch.
  • Mississippi barge expected to 'burp' more oil
    Salvage of the fuel barge this weekend could result in further oil leaks and river closures.
  • Asian refineries see profits in fuel oil
    Regional shortage of residual product could see refineries switching to heavy, sour crude.
  • Global bunker market report
  • Record Russian oil export duties take effect
    Bunker prices in St. Petersburg currently about $150 below Rotterdam.
  • Uneven price movements in Asian ports
    'Supply situation to get tough', say Asian fuel oil traders.
  • Vopak takes 50% share in Estonian terminal
    Transshipment at biggest oil products terminal in the Baltic expected to exceed 15 million mt in 2008.
  • Maersk Line official wants shipping to 'focus on' environment
    Failure to tackle emissions opens the way for legislation that might 'hurt' business.
  • Rotterdam market opens firm
  • Wilh. Wilhelmsen's profit up despite high bunker costs
    Increased cargo volumes helped offset the high costs of fuel.
  • High prices to hold in Tokyo
    Traders cite tight supply as high prices depress demand.
  • New lubes supplier in Sri Lanka
    First local firm to supply the market.

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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