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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
15:06 GMT+1
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BRIEFS
August 7, 2008
The Business Timesweb site
Shipping News
  • Ship-plate prices in China seen rising to record this year
    Prices of ship plates in China, the world's biggest maker of bulk carriers, will increase to a record this year on demand from fleets to carry iron ore and oil, according to two of the nation's shipyards.
  • Dry bulk rates seen staying firm due to ship job delays
    Dry bulk rates should stay robust in 2009, thanks to expected shipyard delays in building new ships or refurbishing older vessels, the top executive of Britannia Bulk Holdings Inc said on Tuesday.
  • Asciano posts net loss, may sell assets
    Australia's biggest ports and rail operator Asciano Group, the target of a US$2.7 billion takeover bid, yesterday said that it may sell some of its assets as it reported a net loss for the year.
  • Baltic index declines for 18th straight day
  • Ferry captain blamed for typhoon sinking
  • Supertankers slow down as rates fall

Sched Netweb site
  • Olympic crackdown on transport of dangerous goods and materials
  • Port of Dalian container volume up 23.8pc in first half
  • Guangxi first half trade with Africa hits record, up 131pc
  • Emerging markets main driver of Fujian export growth
  • Northern Shipping, with ice-breaker escort, on Siberia-Egypt route
  • Container trade rises as CP Rail suffers 40pc quarterly profit loss
  • Soaring Indian freight rates prompt carriers to team up
  • California truckers seek injunction against LA-LB green scheme
  • Qantas defends aircraft safety standards after plane turn back
  • DHL restructures Asia Pacific Global Forwarding business
  • IATA launches international e-freight system in South Korea

Exim Indiaweb site
  • Bankers now see tankers & bulk vessels more creditworthy than boxships
  • CII's Aug. 14 Chennai meet to focus on coastal shipping
  • Problem of plenty pulls down Gulf-Japan crude tanker rates
  • Tankers weigh anchor as hire rates sink
  • SCI to shop for 4 Panamax ships
  • Harish & Company (Logistics) Pvt. Ltd completes a quarter century of success
  • Rahul Asthana assumes charge as MbPT's new chief
  • Shallow Hooghly worries Haldia Dock users
  • KoPT chief allays fears
  • Alang-ships' final call
  • Defence Ministry clears decks for Vizhinjam ICTT project
  • India too flying in face of competition-report
  • Air cargo security too costly for small cos-official
  • MoF rules out further easing of ECB norms
  • Fuel price hikes stoked inflationary fires-NCAER

International Transport Journalweb site
AUGUST 6, 2008
  • Port of Dunkirk's director general transfers to Marseille
  • Hapag-Lloyd: much ado about nothing?
  • New Air Logistics group service center
  • Elbe: low water level causing headaches
  • Globe Express Services opens first office in Europe
  • University of St Gallen logistics management event on 16 September

Maritime Global Netweb site
AUGUST 6, 2008
  • London Greeks oppose CO2 levy plans
  • Safe Bulkers secures long term charter
  • Grain slump hits St Lawrence
  • K-Sea's good year

Marine Logweb site
AUGUST 6, 2008
  • LCS 1 carries out speed trials
  • General Maritime and Arlington Tankers to combine
  • Squire Sanders law firm launches NYC maritime practice

World Wide Shipperweb site
AUGUST 6, 2008
  • Corps begins repair work to Columbia mouth sand berm
  • General Maritime Corp. merging with Arlington Tankers
  • Container shipping service opens worldwide photo contest
  • Fincantieri plans to buy Manitowoc Marine Group
  • MITSUI O.S.K. Lines names 320,000dwt iron ore carrier

Lloyd's Listweb site
  • CSCL's Yuan2.6bn port deal "expensive"
    SHARES fell 5.7% as the firm unveiled plan to acquire its parent's terminal assets for Yuan2.6bn ($380m).
  • CSCL's shares tumble amid box rate gloom
  • Cosco Corp shares plunge on Ji's shock exit
    SHARE price plunged 12.2% on Thursday morning following the shock exit of president Ji Hai Sheng.

Fairplayweb site
AUGUST 6, 2008
  • GenMar and Arlington combine
    GENERAL Maritime and Arlington Tankers have decided to combine, in a stock-for-stock deal with an enterprise value of $2Bn
  • China's SDIC invests $1.7Bn on bulkers
    CHINA's SDIC has reportedly made an enormous investment to expand its bulker fleet
  • Why Arlington backs GenMar deal
    ANALYSTS appeared today to be convinced that the combination of General Maritime and Arlington Tankers is good for GenMar ' but are not so sure on what it means for Arlington
  • Tanker combination aimed at cost cuts
    EXECUTIVES of General Maritime and Arlington Tankers detailed the significant cost-savings advantages of their proposal to combine the companies in a conference call today
  • Master blamed for Princess disaster
    THE INQUIRY into the Princess of the Stars disaster has blamed the ferry master's bad judgement and owner Sulpicio's negligence for the sinking

The Journal of Commerceweb site
AUGUST 6, 2008
  • Calif. Senate approves container fee
    Governor gets infrastructure and mitigation bill that will levy a $30-per-TEU charge on containers moving through ports of LA, Long Beach and Oakland.
  • Domestic intermodal gains fail to outpace international decline
  • San Diego port to sue over mixed-use proposal
  • Ports re-open after Edouard
  • Rickmers profit for Q2
  • Hickler to new DHL post
  • United Arab Shipping Co. takes delivery of new ship
  • India's TCI buying ships
  • NYK opens Russia office
  • New tender for Chennai port
  • Cargolux adds Jordan flights

Containerisation Internationalweb site
AUGUST 6, 2008
  • Oakland port plans clean-truck measures
  • 06/08/2008 North America Regulations
  • K Line invests in Chinese repair yard
  • Le Havre suffers in the lead up to 'port revival' law
  • KPA chief fired
  • Sinotrans' H1 container sales soar due to tonnage growth

TradeWindsweb site
AUGUST 6, 2008
  • Paragon profits
    Near doubling of US-listed bulker owner's fleet leads to fourfold increase in the bottom line.
  • Time is right
    Lazard Capital Markets analyst says to watch out for more possible tanker consolidation deals.
  • Eagle net grows
    New York's Eagle Bulk Shipping posts record revenues and a 25% improvement in second-quarter profits.
  • Genmar buys rival
    Peter Georgiopoulos-led tanker owner to merge with Arlington Tankers in an all-share deal.
  • Lawsuitless
    Federal judge approves $1.2m settlement in "thin" class action case by Top Ships shareholders.
  • Log-In lunges
    Brazilian container logistics and coastal shipping player posts profit after red ink a year ago.
  • Terino tackled
    Shareholders and analysts quiz Arlington boss Edward Terino on wisdom of Genmar merger and dividends.
  • Montanari slips
    Italian tanker company Navigazione Montanari reports a fall in first-half net profits.
  • Six to one
    Georgiopoulos to become chairman of merged tanker owner after Arlington deal, with Genmar execs taking all but one of seven board seats.
  • Genmar races
    Investors excited by Arlington takeover drive surge in tanker owner's market value.
  • Back in business
    After tropical storm hits Texas, ports and the Houston Ship Channel re-open, although with restrictions.
  • Dividend grows
    Paragon Shipping increases dividend by 14.3% thanks to time-charter and fleet growth.
  • Doubled up
    US drillship and rig owner Transocean reports a 101% increase in net earnings.
  • Costs to shock
    Bunker and crewing cost hike will drag Odfjell's three month profit down quarter on quarter, analyst warns.
  • 'We want off'
    Four Turkish crew get their way and leave capesize off Australia after telling ITF of "harassment".
  • Nearly two-thirds
    BW Group takes its holding in BW Offshore close to 66% with share purchase as knock-down rate.
  • GSI lets fly
    Chinese yard kicks out at 'inaccurate' newspaper reports on profit forecasts and operations.
  • Bulk gains
    Canada's Algoma posts higher first-half profit as dry cargoships make up for disappointing tanker performance.
  • Sales surge at STX
    High-priced ships push revenues up a half at STX Shipbuilding but profit only increases 15%.
  • Final furlong
    Race to buy Daewoo entering closing stages, with preferred bidder expected to be revealed by October.
  • Axe falls
    Westwood Shipping owner Weyerhaeuser says it will chop 1,500 workers as part of downsizing.
  • Asciano in red
    Sales loss punches hole in Australian port and rail group's bottom line.
  • Fairstar falters
    Dutch owner stung by contract delay as second quarter profit slides into the red.
  • Tanker escort?
    Japan proposes using warships to protect crude carriers' passage from Persian Gulf.
  • Polaris on target
    Canadian minerals company buying land at Long Beach port to set up terminal.

American Shipperweb site
AUGUST 6, 2008
  • Ay named partner at Mid-Ship Group
  • Cathay sputters to first half loss of $85 million
  • DOT extends cross-border truck plan, opponents vow to kill plan
  • Pacer reports higher earnings, revenue
  • Union Pacific wants fines dropped
  • SEKO sets up venture to target Middle East and African markets
  • Hickler tapped CEO of DHL Global Customer Solutions
  • Lake Superior Warehousing gets more space for wind turbine cargoes
  • Expeditors sees profit, sales increase
  • FMC reviews 25 OTI license applications
  • Calif. container fee bill heads to Schwarzenegger for signature
  • Houston reopens terminals
  • Tacoma port hires new contracts manager

The Scandinavian Shipping Gazetteweb site
AUGUST 6, 2008
  • Combi Dock II goes to offshore charter
    Combi Dock A/S has taken delivery of the second Combi Dock vessel from Lloyds Werft in Bremerhaven. The vessel was surprisingly not named Combi Dock II as planned; instead it was named Blue Giant, as Blue Marine Technology will ...
  • Buyers eye BW Gas' LPG fleet
    BW Gas has announced that the company has received conditional price indications for their LPG fleet from interested buyers. "The board of directors will in the near future consider whether the company is interested in entering into a process of ...

The Bunker Bulletinweb site
AUGUST 6, 2008
  • Ports plan price gap narrows
    Falling differential for distillate during July as incentive scheme continuing.
  • Global bunker market report
  • Oil prices fluctuate after mixed US inventory data
    Analyst says the 'bears' are 'calling the shots for now'.
  • Bunker prices expected to hit tanker profits
    Analysts expect tanker and terminal operator Odfjell to post weaker results.
  • Bunker prices continue their slide
    Singapore 380 cst down again, although fuel oil markets expected to remain tight as Europe cargoes head to Middle East.
  • St. Petersburg fuel oil transshipment up in July
    Throughput at Petersburg Oil Terminal up compared to June.
  • Rotterdam market very quiet
  • New dual-fuel engines promise 'smooth' fuel switch
    Engines for four newbuild FPSO vessels can run on either natural gas, marine diesel oil or on heavy fuel oil.
  • Bunkering suspended in Hong Kong
    Tropical storm brings deliveries to a halt.
  • High prices threaten to exhaust fuel budget
    Japan Coast Guard curtailing vessels' operations to save fuel.
  • Philippine fishermen strike over high bunker costs
    The government is looking at ways to help the industry.
  • OPEC unlikely to cut production
    Oil cartel due to meet in September to review output.

›››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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