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04 February 2025 - Year XXIX
Independent journal on economy and transport policy
05:50 GMT+1
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BRIEFS
May 6, 2008
The Business Timesweb site
Shipping News
  • NZ govt buys Toll's rail, ferry services for NZ$665m
    New Zealand's government agreed to buy the nation's rail and ferry services from Toll Holdings Ltd for NZ$665 million (S$709.4 million), allowing upgrades to go ahead.
  • Hanjin threatens to drop US$2b Philippine yard
    Korean shipbuilder Hanjin Heavy Industries has threatened to walk away from a US$2 billion shipyard project in the Philippines.
  • HK shipping firm launches US$200m IPO
    Hong Kong bulk and tanker shipping company Wah Kwong Shipping Holdings Ltd kicked off pre-marketing for its US$200 million Hong Kong initial public offering yesterday, sources with knowledge of the deal said.
  • China's 1st locally-built LNG tanker completes maiden trip
  • Cruise liner with 984 on board runs aground in Baltic Sea
  • 12 dead after boat sinks in Amazon

Sched Netweb site
  • CMA CGM's River Shuttle Containers takes delivery of three new river barges
  • American Lake Carriers warn lack of dredging menaces world trade
  • Long Beach moves ahead with green port initiatives for ships
  • HAFFA names new chairman as forwarders face fresh challenges
  • Panama Canal Authority, Virginia ports sign trade promotion deal
  • Dual leadership for Geodis Wilson's freight management
  • Lufthansa signs deal to upgrade Siberia's Krasnojarsk Airport
  • Miami International year's cargo airport, Cathay best Pacific freight carrier
  • Cyprus's air cargo delivers mixed results

Exim Indiaweb site
  • JBS group takes stock of achievements, sets loftier goals for 2008-09
  • Essar Shipping earmarks $ 800 m to acquire 14 vessels
  • GE Shipping to sink Rs 2,385 cr. in tonnage addition
  • Capt. P. V. K. Mohan now FORCE to reckon with SCI sponsors 29th annual congress
  • Major maritime event scheduled to be held in Chennai from July 7 to 9
  • UASC launches new Asia-Europe service with Hanjin
  • New carrier mix forms restructured service calling South/North America
  • DP World wins Seatrade Global Performer 2008 award
  • Hapag-Lloyd names ultra-modern training ship Kuala Lumpur Express
  • AADA hikes bunker surcharge from China & HK to Australia
  • Tianjin launches port regulations, encourages investments
  • Hamburg Süd to hike capacity from Far East to WC South America
  • Japan's Top 3 lines post record profits
  • STX Shipbuilding gets major tanker order
  • Inttra appoints Jeff Pattison as CIO
  • Panamax OOCL Panama christened
  • Regulator approves Newcastle quota plan to cut vessel queues
  • Port of Lianyungang box volumes surge by 60 pc
  • Jay Buckley, Louise Yu promoted at Evergreen
  • China Shipping to call at new terminal in Seattle
  • APM Terminals signs RTGCs deal with Shanghai's ZPMC
  • KoPT to encourage cargo movement by barges
  • Ficci-E&Y study lists reasons for port congestions
  • Swiss WorldCargo soars with 'Best European Cargo Airline' award
  • India: world's second largest mobile market
  • FDI arrivals up by 57 pc
  • Value-added steel exporters may get belated duty exemption
  • PPPAC approves 13 projects worth Rs 7,946 cr.

International Transport Journalweb site
MAY 5, 2008
  • M&M Militzer & Müwnch's German branch strengthens management
  • Buss invests in Hamburg and abroad
  • Emirates posts record result again
  • Panalpina forced to open sealed documents
  • Tiaca annual executive conference and AGM, 12-14 May

Marine Logweb site
MAY 5, 2008
  • MMS releases latest GoM Deepwater report
  • TTS lands breakthrough anchor handling winch order
  • ONR awards T-Craft design contract
  • New ABS requirements for FPSO's
  • Aker Philly in $560 million agreement with Cat Finance
  • EC gives nod for STX acquisition of Aker Yards
  • Tidewater earnings disappoint analysts

World Wide Shipperweb site
MAY 5, 2008
  • Longview port board Oks sale of wetland property
  • New lineup planned for Tacoma Port Commission meetings
  • Port of Portland schedules PDX noise committee meeting
  • Homeland Security Department pushes back TWIC enrollment date
  • New commander named for Coast Guard Portland sector

Lloyd's Listweb site
MAY 5, 2008
  • Passengers rescued from grounded cruiseship
    NEARLY 1,000 people are being evacuated from the stricken cruise vessel, Mona Lisa, which grounded off the Latvian coast at the weekend.
  • US passengers sue Louis Hellenic over Sea Diamond 'negligence'
  • Brussels approves STX bid for stake in Aker Yards
    Attempts to derail acquisition brushed aside as European Commission gives green light to deal
  • HHIC's Mindanao venture takes a turn for the worse
    HHIC says local officials tried to extort $9.45m in exchange for permits for shipyard project

Fairplayweb site
MAY 5, 2008
  • No smiles for Mona Lisa
    THE cruise ship Mona Lisa was being evacuated Monday after grounding on a sandbar off the coast of Latvia
  • Myanmar decimated by cyclone
    NUMEROUS coastal cargo ships capsized during the severe cyclone Nargis, which barreled through the Bay of Bengal Friday and Saturday
  • Court halts French port strike
    THE docker strike besetting France's major ports has been temporarily halted by a court ruling
  • Fuel surge could curtail liners
    LINER operators could be forced to cut services to North America if bunker fuel rates continue to skyrocket ' and the emission caps to come will exacerbate the issue

The Journal of Commerceweb site
MAY 5, 2008
  • Ward to lead NY/NJ Port Authority
    Former CEO of American Stevedoring has been nominated to become the new executive director of the bi-state agency.
  • Railroads push STB on cost rules
  • Lines open Asia-Aus. loops
  • Food crisis could spur Doha trade negotiations
  • Demolition to kick off Port Canaveral operations project
  • Fuel fee hike for Cargolux
  • WSC appoints vice president for environmental affairs
  • Schenker plans largest hub for European network
  • Rickmers Maritime profit off from previous quarter
  • TWIC deadline extended
  • WSC warns increasing fuel costs threaten U.S. service

Containerisation Internationalweb site
MAY 5, 2008
  • NZ Govt buys back rail, ferries

TradeWindsweb site
MAY 5, 2008
  • Trailer Bridge sinks
    Puerto Rico container barge specialist sees its Nasdaq-listed shares plunge 11% in a day to reach a year low.
  • Dry-docking hurts Tidewater
    CEO Dean Taylor ties expectations miss to rise in dry-docking days, as the company warns of future costs increases.
  • Feds eying other trade lanes
    Alexander & Baldwin says US federal investigators are probing pricing on the Alaska, Hawaii and Guam lanes.
  • Ferry crash kills 17
    Dozens are still missing after an unregistered ferry capsizes in Brazil's Amazon region.
  • Tidewater cash still flowing
    Revenue climbs at US offshore player, although profits are lower than a strong first-quarter 2007.
  • Nordic American 'looking great'
    Bear Stearns analyst says US-listed tanker owner should see much higher earnings in the second quarter.
  • Odfjell sells again
    Norwegian owner offloads 1983-built chemical unit but keeps buyer and price under wraps.
  • Mavroleon steps down
    Tanker broker turns over top Charles R Weber post to a chosen successor, and thus 'the younger generation' at the brokerage.
  • EC green light for STX
    Korean builder's merger with Norway's Aker Yards given expected approval by European antitrust regulators.
  • Rickmers tops forecast
    Singapore-listed boxship owner outperforms predictions for first quarter as revenues grow.
  • PGS claims record
    Norwegian owner clinches biggest-ever 4D seismic survey contract for Brazilian producer Petrobras.
  • Nordic American up again
    US-listed suezmax player increases first quarter earnings in strong market, with second quarter already even better.
  • NCL admits Norway negligence
    Star Cruises unit facing fine in US following boiler blast on cruiseship which killed eight in 2003.
  • TKMS wins two more boxships
    German shipbuilder says it has signed contract for vessels seven and eight in its series of 3,400-teu units.
  • Profit for IHI?
    Report suggests beleaguered Japanese shipbuilder could be back on track this year.
  • Arms ship unloads
    Cosco ship offloads some cargo in Angola, but it is thought weapons bought by Zimbabwe have stayed on board.
  • New Zealand buys back ferries
    Reluctant seller Toll Holdings makes NZD 235m killing on re-privatisation of rail and shipping services.
  • Rieber signs for quartet
    Norwegian owner and mystery forestry player in joint-venture offshore newbuilding splurge in Indonesia.
  • Mona Lisa stuck off Latvia
    No passengers hurt as Bahamas-flagged cruise ship runs aground early Sunday in the Baltic Sea.
  • DP World on ports prowl
    Dubai ports giant could tie up deals with Colombia and Ivory Coast to build and develop ports.
  • ASL plans dock expansion
    Singapore shipyard group plans to expand its drydock in nearby Indonesia and add two more.
  • Middle Eastern tie-up
    Omani owner Topaz Energy & Marine beefs up fleet with acquisition of Qatar's Doha Marine Services.
  • Temas eyes tonnage
    Indonesian boxship outfit could be about to spend $42m on six or seven ships.

American Shipperweb site
MAY 5, 2008
  • Court says tanker may not participate in Jones Act trade
  • World Shipping Council: Cleaner fuel will cost twice as much
  • LASH equipment sale boosts International Shipholding's profit
  • Teamsters finalize labor deal with DHL
  • DOT proposes increase in hazmat transporter registration fee
  • Texas man indicted on Ex-Im Bank fraud charges
  • Dole Fresh Vegetables to use iGPS pallet
  • Schenker builds new hub near Salzburg
  • Effects of West Coast ports shutdown minimal
  • DHS extends final TWIC implementation
  • Port of Tanjung Pelepas, MISC complete deal
  • COSCO Pacific lands $440 million
  • Karlsson to lead CMP Baltic expedition

The Scandinavian Shipping Gazetteweb site
MAY 5, 2008
  • Passengers evacuated from grounded Mona Lisa
    The cruise vessel Mona Lisa grounded in Irbe Sound, some 10 nautical miles off the coast of Latvia on Sunday morning. The Bahamian-flagged vessel have 651 passengers and 320 crewmembers onboard. A diver inspection showed that there are no ...
  • Stena orders billion-dollar vessel
    Stena Drilling has ordered a fourth drillship from Samsung Heavy Industries in South Korea. According to the shipyard, the price is USD 942 million dollar, more than 50 per cent above the price for the previous ordered vessels and indicating ...
  • One oil spill villain grabbed during international coast guard operation
    Lead by Denmark, coast guard aircrafts from nine European countries have during ten days patrolled the Skagerrak sea. 17 oil slicks were detected during a total of 185 flight hours in 61 missions. On the last day, one Norwegian-flagged ...

The Bunker Bulletinweb site
MAY 5, 2008
  • Gibraltar defends its bunkering record
    Bunker industry is 'very, very tightly regulated' says Bunkering Superintendent.
  • Rotterdam barge market tight
  • Record Russian oil export taxes confirmed
    Fuel oil export tax nearly doubled from a year ago, giving Russian bunker market competitive edge.
  • Artico team joins Cockett
    Recently established firm remains subsidiary of Cockett's holding company.
  • Hong Kong: 180 cst supply tightness expected to ease in May
    Meanwhile, traders say lack of demand for MGO has created a surplus.
  • Bunker costs threaten global box traffic
    WSC says further charges on fuel usage will not cause fewer greenhouse gas emissions, only raise costs.

›››File
FROM THE HOME PAGE
In the fourth quarter of 2024, ship transits through the Panama Canal began to grow again
Balboa
Traffic decreased by -10.8% for the whole year
Last year, cargo traffic in Turkish ports increased by +2.0%
Ankara
Trade with Italy stable. Cruise passengers increase by +22.5%
In the October-December quarter, ONE's revenues increased by +44.4%
Singapore
Cargo transported by the fleet increased by +4.5%
Last year traffic in the port of Trieste grew by +7.1%
Trieste
Sharp increase in liquid bulk (+10.6%) and more moderate in general cargo (+1.8%). Sharp drop in dry bulk (-72.7%). Record cruises
Last year, freight traffic in Spanish ports grew by +2.7%
Madrid
New historical records for containers (in TEU), conventional freight and scheduled passengers
Ocean carriers are waiting for stability in the Red Sea before re-crossing the Suez Canal
Ismailia
Suez Canal Authority ready to implement discount program
SEA Europe welcomes the EU Commission's willingness to present the European Maritime Industrial Strategy by the end of the year
Brindisi's new port master plan approved
Toasts
The new major works are concentrated on the external port. New spaces for logistics, shipbuilding and nautical activities
In 2024, freight traffic in Sardinian ports recorded a growth of +1.7% driven by various goods
Cagliari
Cruises record. Ferry passengers up +4.5%
Hapag-Lloyd's preliminary results for the 2024 financial year show slight growth over the previous year
Hamburg
Increase of approximately +5% of loads transported by the fleet
World Shipping Council praises new program to restore EU competitiveness
Brussels
The aim of reducing risks in investments in renewable energy and in the production and distribution of renewable and low-emission fuels for transport is good
Panama Canal: FMC Confirms It Has Powers to Counter Any Practices Deemed Harmful to US Trade
Washington
Sola: The Commission could act against the Republic of Panama rather than specifically against the Canal Authority. By 2050 - he stressed - the canal's capacity could decrease by up to 50%
In Switzerland, priority road and rail infrastructure projects will be identified
Royal Caribbean Closes Out Record 2024, Announces River Cruise Expansion
Miami
Initial program for the acquisition of ten vessels to be put into service starting from 2027
Port of Livorno, MSC, Neri and Lorenzini ask for clarifications on the Darsena Europa design
Leghorn
Macii: the concession will be awarded through a public tender
In 2024, the port of Marseille Fos saw an increase in general cargo and a decrease in bulk cargo
Marseille
Passenger decline
Container traffic in the port of Antwerp-Zeebrugge increased sharply in the fourth quarter of 2024.
Antwerp
Overall volume of goods stable
In 2024, freight traffic in the port of Ancona remained stable
Ancona
Overall passengers decreased by -2.2%
EQT Real Estate invests in 12 logistics sites in Northern Italy
Stockholm
Transaction valued at approximately 230 million euros
Container traffic at the Port of Los Angeles grew by 19.3% last year
Los Angeles
In the fourth quarter alone the increase was +21.5%
Financial Audit Launched on Panama Ports Company
Panama/Beijing
According to the General Auditor of the Republic of Panama, the company generates little benefit for Panama
HMM signs agreement with JNPA to collaborate on development of new Indian port at Vadhvan
Seoul
The port will have a container traffic capacity of 23.2 million TEUs
EU customs reform must make trade and business easier
Brussels
23 organizations underline this in a joint statement
Launch in Ancona of the luxury cruise ship Four Seasons I
Trieste
Fincantieri to deliver the unit to Four Seasons Yachts at the end of 2025
Launch event in Brussels of the European Maritime Skills Forum
Brussels
In 2024, the port of Tanger Med handled a record traffic of 10.2 million containers
Anjara
New peaks also in other business segments
South Korea's KSOE wins order to build 12 18,000 TEU containerships
Seoul
HD Hyundai Heavy Industries' turnover increased by +21.1% in 2024
Fire breaks out on the Rospo Mare B oil platform off the coast of Vasto
Rome
There were no injuries or traces of pollution in the sea
Galaxy Leader Sailors Freed
London
Today the 25 crew members left Yemen on board a plane
Contract with Russian company that managed Syrian port of Tartous terminated
Damascus
The agreement included investments of 500 million dollars
Brussels OKs DP World-Arcese Automotive Joint Venture
Brussels
Initially, the activity will be carried out in France and Poland
Royal Caribbean orders sixth Edge-class cruise ship at Chantiers de l'Atlantique
Miami/Saint Nazaire
It will be taken over in 2028
Louis E. Sola is the new chairman of the Federal Maritime Commission
Washington
Takes over from Daniel Maffei
In 2024, ship transits through the Suez Canal decreased by -50%
Ismailia
The total was about 13,200 units compared to over 26,400 in 2023
Uiltrasporti urges to restore measures to support rail freight transport
Rome
Definitive cancellation of the 65 million fund from the Budget Law
The Trump unknown also weighs on the Panama Canal
Washington
While the tycoon dreams of taking it over with weapons in hand, a bill proposes to start negotiations with the Panamanian government
Shipowner Giovanni Montanari has passed away
Rome/Fano
He was president of Confitarma and of the Port Authority of Ancona
CMA CGM includes four more Italian ports in the TMX 2 service
Marseille
Stopovers in Algeria removed
Interporto Padova collects over ten proposals for participation in the terminal activity
Tarros renews GPS service by combining two rotations
The Spice
Return to the landings in Spain
With the PNRR, over 70% of Italian Port Authorities have equipped themselves with a Port Community System
Rome
In 2024, vessel traffic in the Bosphorus Strait increased by +6.1%
Ankara
In the fourth quarter alone, the number of ships increased by +3.0%
Musolino appointed extraordinary commissioner of the AdSP of the Central-Northern Tyrrhenian Sea
Civitavecchia
Salvini signed the decree yesterday
The Central Adriatic AdSP PIAO 2025-2027 has been approved
Ancona
Further increase in the organization's staff is expected
In the ports of Genoa and La Spezia, protests are rising over the downgrading of Ligurian Customs
Genoa/La Spezia
Botta: they are essential structures for the proper functioning of the Italian economy
Ports of La Spezia and Carrara, deadline for tender for purchase of green vehicles postponed
The Spice
It has been postponed to February 14th
The second edition of the Executive Master in Shipping Management is underway
Rome
It is organized by Confitarma and its training body ForMare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
ECSA, recognition of the centrality of shipping for Europe's growth is good
Brussels
Raptis: It is an essential part of the energy transition of our economy
The optimized layout of the new breakwater of the port of Genoa has been approved
Genoa
Simultaneous construction of the two phases of the project is now planned
ABB Group revenues grew by +4.2% in the fourth quarter of 2024
Zurich
Positive trend in the railway, maritime and port segments during the year
AdSP of Western Liguria, the Integrated Plan of Activities and Organization 2025-2027 approved
Genoa
Contributions recognized to CULMV and CULP for the re-employment of personnel
New historical record of annual traffic of goods in Albanian ports
Tirana
In 2024, 7.75 million tonnes were handled (+14.6%)
The merchant ship Guang Rong ran aground in Marina di Massa
Leghorn
The crew was rescued
Pessina (Federagenti): Trump has made the world rediscover the importance of waterways
Rome
Only the sea - he observes - is the key to overturning old balances
Two ships stopped in the port of Genoa due to serious deficiencies
Genoa
Last year, ten of the 120 foreign ships inspected were stopped at the Ligurian port
Navibulgar vessel suspected of damaging undersea cable in Baltic Sea
Varna
The company attributes the cause of the accident to unfavorable hydrometeorological conditions
Navantia Completes Acquisition of Harland & Wolff Shipyards
Madrid
Domínguez confirms the Spanish group's willingness to collaborate with British industry
Temporary port work supply activity assigned in the ports of Bari, Brindisi, Manfredonia and Barletta
Fercam acquires German freight forwarder LIC
Bolzano
New branch recently established in Troisdorf
CIMC Expects to Close 2024 with Strong Earnings Growth
Hong Kong
Production and marketing of company's containers in strong growth
COSCO Shipping Lines Renews MENA, EMA Services Between Med and US East Coast
Shanghai
Port of Salerno ports introduced in the first line
COSCO Shipping Energy issues equity to finance fleet growth
Shanghai
Six VLCCs, two LNG vessels and three Aframax vessels planned
The unions confirm the three-day strike of the workers of the AdSP of the Central Tyrrhenian Sea
Naples
The protest action is scheduled for January 31, February 3 and 4.
Rolls-Royce wins record contract for Royal Navy submarine fleet
London
Eight-year, £9bn contract
Transported, the DURC in road transport is used to avoid paying for services
Rome
The rules - the association denounces - are openly violated by the clients
Kombiverkehr restores rail link between Lübeck port and Verona
Frankfurt am Main
Schedule two departures per week in both directions
AD Ports signs deal to build logistics park at Alexandria Port
Cairo
The business will be developed with the Holding Company for Maritime and Land Transport
The Panama Canal is and will continue to be Panamanian
Davos
This was underlined by the president of the Central American nation, José Raúl Mulino
Autamarocchi acquires control of Dissegna Logistics
Trieste
The Rossano Veneto company operates in the intermodal transport sector
Rubboli (Assologistica): Italian ports need more efficient and coordinated governance
Milan
Port of Ravenna, incentives for the purchase of "green" port vehicles
Ravenna
Maximum ceiling of 300,000 euros for each beneficiary
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
Kuwait approves Chinese company for port operations
(AGBI - Arabian Gulf Business Insight)
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
20% of Omani Asyad Shipping Company's capital up for sale
Muscat
Listing on Muscat Stock Exchange expected
Order to Circle for the management of data relating to rail and intermodal traffic of a port
Milan
ANSFISA adopts guidelines for the assessment and risk management of the rail transport of dangerous goods
Rome
Over 217 kilos of cocaine seized in the port of Livorno
Leghorn
They were hidden in a container containing wood from South America
Merlo leaves the presidency of Federlogistica to Davide Falteri
Rome
Logistics - he underlined - is one of the drivers of the national economic system
Germany is studying a network of floating terminals for the import of clean hydrogen
Berlin
Memorandum of understanding signed by SEFE and Höegh Evi
The executive design service for the reclamation of the Molo Italia seabed in La Spezia has been awarded
The Spice
Fratelli Cosulich orders fourth methanol-ready unit
Genoa
It will be built by Taizhou Maple Leaf Shipbuilding
MSC Interested in Starting Shipbuilding and Repair Business in India
Gurgaon
Comparison with the naval engineering company Swan Defence And Heavy Industries
In Spain, a logistics network for rail transport of biofuel to ports is being studied
Madrid
Agreement between Adif and the Exolum Group
Luka Koper has ordered four new rubber-tyred gantry cranes from Konecranes
Coper
They will be the first vehicles powered exclusively by electricity at the Slovenian airport
LNG and bio-LNG bunkering vessel arriving at the port of Genoa
Genoa
It will be able to provide both "ship-to-ship" and "ship-to-truck" services
Last year, cargo traffic in Russian ports decreased by -2.3%
St. Petersburg
The largest volume of cargo, exports, fell by -1.9%
Höegh Autoliners secures two multi-year contracts for car transport
Oslo
Agreements with two car manufacturers with which it has been collaborating for years
Malta sees record cruise traffic in 2024
Florian
357 ships docked for a total of over 940 thousand passengers
Cavotec to provide electrification systems and technologies for Italian ports
Lugano
Three orders worth a total of seven million euros acquired
Pirate attacks on ships decreased by -3% last year
London
In the last quarter, an increase of +76% was recorded
COSCO Shipping Ports Sets New Annual and Quarterly Container Traffic Records
Hong Kong
In the whole of 2024, 111.9 million TEUs were handled (+5.7%)
Alberto Maestrini (VARD) elected President of SEA Europe
Brussels
The association represents the European shipbuilding industry
Molo Brin areas in Olbia handed over to Quay Royal
Construction of a marina for mega yachts is planned
Port of Singapore Sets New Container and Non-Oil Bulk Records in 2024
Singapore
The Asian port handled a total of 622.7 million tonnes of goods (+5.2%)
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