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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
15:02 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  • Interest rate subsidy on export credit being withdrawn from Sept. 30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
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%)
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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