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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
June 5, 2008
The Business Timesweb site
Shipping News
  • Lawyers strike it rich handling shipping trade's IPO launches
    While some corporate law practices suffer, firms such as Morgan, Lewis & Bockius and Cravath Swaine & Moore have found a safe harbour: the shipping industry. Ship owners now pay securities lawyers US$500,000 to US$1 million or more to handle initial public offerings in the US.
  • Cosco submits highest bid for Piraeus tender
    Greece's largest port authority said on Tuesday that China's Cosco Pacific Ltd has submitted the highest bid to manage two of its container wharfs, offering a total of 4.93 billion euros (S$10.39 billion).
  • Daewoo gets US$2.5b of orders in 2 weeks
    Daewoo Shipbuilding & Marine Engineering Co, the world's third-largest shipyard, said it has received US$2.5 billion of orders in the past two weeks to build 10 vessels that can carry oil and commodities and drill for crude.
  • Tighter safety laws proposed for Sydney Harbour

Sched Netweb site
  • Cosco tops Hutchison JV in Piraeus container terminal bidding
  • Shanghai April trade value breaks record with 26.2pc increase
  • Kaohsiung container volume down for three consecutive months
  • AMB Corporation to build new logistics facility in Suzhou
  • China ports' container volume up 17pc in first four months
  • Safmarine takes delivery of second MegaWhite box ship
  • Perma relocates headquarters to Singapore
  • DP World takes control of underperforming Chennai box terminal
  • Dachser, Baiyun International Airport form cooperation partnership
  • AMI plots strategy at first global meeting after South African acquisition
  • Troubled DHL dumps long-term partner ABX Air for UPS

Exim Indiaweb site
  • Maersk Line contributes highest to JNP throughput
  • PIL ahead in bidding race for Chittagong box terminal
  • Milk powder exports may be put on banned list
  • Cries of world's poorest may move govt to ease rice export ban
  • ATMA demands anti-dumping duty on radial truck, bus tyres
  • India could tap Thailand's rich gemstones deposit: Study
  • With prices marked down, tea imports surge
  • MbPT sets sweet new record
  • Looks back with pride, looks forward to bigger challenges
  • Port unions meeting on June 11 to plan course of action
  • DP World Cochin, CoPT get onto cashew exporters' wavelength
  • Airlines alliance keen on taking Indian cos aboard
  • BCHAA launches management training programme
  • Help cos acquire rigs to keep control of crude prices, suggests Assocham
  • Onion export MEP slashed
  • Fuel added to inflationary fire
  • Govt withdraws DEPB sop for cement exports

International Transport Journalweb site
JUNE 4, 2008
  • Presnail new head of Cargo 2000 Asia-Pacific
  • Maersk announces rate and BAF increases
  • Boeing presents B777 full-freighter
  • K+N offers Legrand Algerian logistics concept

Maritime Global Netweb site
JUNE 4, 2008
  • Asian owners warn on liner earnings
  • Credit crunch has "little effect on Middle East"
  • Georgia (US) in Suez link
  • EPA award for Foss

Marine Logweb site
JUNE 4, 2008
  • Rigdon ops to remain N.O. based after merger
  • Tidewater announces promotions
  • Ice Maiden discharged in Rotterdam

World Wide Shipperweb site
JUNE 4, 2008
  • Port of Seattle financial statements receive clean audit report for 2007
  • Marcon breaking records with tank barge sales
  • Port of Astoria open house will present director candidates
  • Peregrine falcon chicks call Port of Olympia home
  • Foss Maritime wins honors for GREEN DOLPHIN hybrid tug

Lloyd's Listweb site
JUNE 4, 2008
  • Brussels turns up heat on CO2 emission talks
    HEAD of environment ministry says EU is fed up of waiting for drawn-out efforts to come up with a solution.
  • Loading delays push capesizes to new highs
    CONGESTION at Brazilian and Chinese iron ore ports push rates to record levels.

Fairplayweb site
JUNE 4, 2008
  • Admitted terrorist targeted ports
    US AND European ports and other freight handling facilities are thought to have been targets for an admitted terrorist, who pleaded guilty yesterday in federal court to conspiring to use weapons of mass destruction against targets in the two continents.
  • Fairplay at Posidonia
    FAIRPLAY 24 is providing coverage of Posidonia 2008 this week
  • Bonyad Shipping to list in Tehran
    BONYAD Shipping Company of Iran has revealed to Fairplay that it intends to seek a listing on the Tehran Stock Exchange
  • NITC studies oil-swap trade
    A PLAN to engage in a pan-Caspian oil-swap trade is being studied by the National Iranian Tanker Company (NITC), Fairplay was told by company director Jamal Mayahi
  • Canadian Navy stops pirate attack
    A HELICOPTER launched from a Canadian warship repelled a group of pirates as they were attacking a merchant vessel 65n-miles off Somalia yesterday
  • Import drop prompts job cuts at Oakland
    DESPITE increases in exports, a continued economy-driven drop in West Coast imports has led the port of Oakland to cut about 10% of its workers.

The Journal of Commerceweb site
JUNE 4, 2008
  • China shift spurs sourcing decisions
    Beijing's plans to grow domestic economy leading some companies to seek out new locations for production.
  • Long Beach to launch clean-trucks program in July
  • U.S.-Korea beef trade deal faces increasing protests
  • China bank says predicted export decline 'exaggerated'
  • New manager for CMA CGM (America) strategic accounts
  • Short-sea service launching to link Houston, Brownsville
  • OECD cuts growth forecasts
  • Job cuts for Maersk shipyard
  • Union threatens to escalate French port strike
  • Basham: Scan-all no cure-all
  • New manager for Rotterdam port container department

Containerisation Internationalweb site
JUNE 4, 2008
  • Odense to cut up to 250 jobs
  • FESCO Lines and TIS join forces
  • UK rejects super-lorries
  • NZ government fund boosts coastal shipping
  • Cargotec still expanding rapidly

TradeWindsweb site
JUNE 4, 2008
  • Uruguay prang
    Greek bulker spills bunkers after two ships collide near port of Montevideo.
  • Seaway declines
    The Great Lakes-St Lawrence Seaway sees a drop in cargo tonnage compared to 2007.
  • Maersk burned
    A catalogue of errors is exposed in a report into a fire on anchor-handling tug.
  • Fulford leaves
    Axed Clarkson's chief has 12 months to tend his garden after making final exit from shipbroker.
  • Engineer airlifted
    The US Coast Guard rescues a crewman aboard a Turkish-flag bulker.
  • Trico bags credit
    Joe Compofelice-led offshore owner inks a $51.2m loan with Carnegie Investment Bank that may help pay for the DeepOcean takeover.
  • Allied invasion
    Greek broker takes over waterfront to host spectacular twentieth birthday bash.
  • Polemis panned
    Greek owner found to be unreliable and untruthful witness during landmark trial.
  • Fast track fund
    New $50m venture between Tufton and Kuwait Finance House wants "bouquet" of shipping assets worth $250m and quick.
  • Mystery spill
    Spanish authorities are mopping up a 3.7-kilometre-long spill but do not know the source.
  • Pirates repelled
    Canadian warship drives off attack on ship off Horn of Africa.
  • Axe falls at Lindo
    Maersk's Danish yard to lay off up to 250 workers to cut costs, after union talks fail.
  • Liberty for Greece
    ABS helps bring last available Liberty Ship across the Atlantic to serve as maritime museum.
  • Lucky eights
    Is Allied Shipbroking targeting China? Twenty years since foundation on 08.08.1988.
  • Hello Mummy
    Sweden's Tillberg shows off new designs for futuristic ships, including a "mothership" cruise vessel.
  • Burma blacklist
    Shipping lines still feature in "name and shame" roll call alongside the BBC.
  • Highs terminated
    Tough times ahead for offshore owners this summer as charterers adopt a more aggressive strategy.
  • HHI in $2m JV
    South Korean giant firms up shipowning venture which will carry Chinese steel to its yards.
  • Zodiac's $1m gift
    Ofer-controlled company makes donation to help with Chinese earthquake relief efforts.
  • Gone underground
    Sweden's Gothenburg port to store Russian crude in nearby cavern by end of next year.
  • Bulkers still a go
    Hudong Zhonghua Shipbuilding says panamax orders are unaffected by crane collapse.
  • Offen 4 for DMSE
    German owner's first bulkers thought to be among $2.5bn ordering spree at Korean yard.
  • Early bird
    Herman Billung says early orders at new Chinese yards makes difference.
  • Oakland cuts jobs
    US port in budget crisis as downturn hits containers and airport traffic.
  • Tata expands COA
    Indian giant's power arm has renegotiated a long term coal COA with Mercator.
  • CMH selling bonds
    Ports group China Merchants Holdings lining up five and 10-year US dollar debt issue.
  • Back for more
    John Fredriksen's Seadrill has snapped up more shares in Malaysia's SapuraCrest
  • US steps in
    Bush administration funding drive to toughen up Philippines in fight against piracy and Muslim militants.
  • Aboitiz buys
    Philippines ferry group gets into logistics with takeover of Scanasia Overseas.

American Shipperweb site
JUNE 4, 2008
  • Maersk shipyard confirms job cuts
  • Last Liberty ship may be bound for Greece
  • Peruvian Amazon Line will add Tampa call
  • IATA sees air industry $2.3 billion in red for 2008
  • Calif. seeks to mandate fairings, tires on trucks, 53-foot trailers
  • Korea looks to U.S. beef exporters for cattle age restrictions
  • USDA proposes import/export inspection fee increases
  • GAC opens 14th Australia subsidiary
  • FMC reviews 35 OTI license applications
  • Port of Salalah signs expansion MOU
  • Marseilles ro-pax terminal project abandoned
  • Port of Rotterdam appoints Bliek as containers manager

The Scandinavian Shipping Gazetteweb site
JUNE 4, 2008
  • EU court of justice over rule Intertanko
    The Court of Justice of the European Communities has ruled the UK, and all other EU members, can have their own rules on penalties for ship source pollution. Intertanko, and others, brought an action before the High Court of Justice ...

The Bunker Bulletinweb site
JUNE 4, 2008
  • Bunker market set to grow as oil terminal expands
    Turkey's Ceyhan Bay bunker market could reach three million mt a year.
  • Global bunker market report
  • Oil prices slide on signs of faltering demand
    Weekly US oil inventory data show build in gasoline stocks and lower year-on-year demand.
  • Saudi Arabia plans series of fuel oil imports
    Reports say region's major oil producer will import up to two spot cargoes a month.
  • Omani port continues growth
    Bunker volumes expected to rise as Salalah plans three new container berths.
  • Greek companies to merge activities
    Supplier wants to increase bunkering volumes through cooperation with worldwide trader.
  • Rotterdam barge market stable
  • Double-digit price drop in Singapore
    Buyers holding back in anticipation of further price falls, traders say.
  • Charterers 'hit twice' by bunker costs
    Bunker costs for modern VLCC have 'increased from $37,000 per day in October to $55,000 per day'.
  • PetroChina cargo unlikely to pressure prices
    VLCC expected to discharge 270,000 metric tonnes of fuel oil into Singapore.
  • Thumbs up for Singapore
    World's busiest port wins accolade for customer satisfaction.
  • Rough seas disrupt Indian bunkering
    Bunkering operations at the Gulf of Kutch have experienced difficulty due to bad weather.
  • Chimbusco signs lubricants supply contract
    Partners a Chinese firm to market and distribute lubricants domestically and overseas.
  • Singapore: Bunker trader joins Bakri Trading

›››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%)
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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