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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
15:36 GMT+1
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BRIEFS
March 11, 2008
The Business Timesweb site
Shipping News
  • Norden's 2006 profit quadruples
    D/S Norden A/S, Denmark's biggest operator of commodity ships, said that full-year profit almost quadrupled as freight rates advanced to a record.
  • Clients join in Keppel's safety efforts
    A COMMITMENT to safety and collaboration with major clients helped Keppel Shipyard achieve a low 0.24 accidents per million man-hours worked in 2007.
  • Vietnam troops clean oil off beaches
    Thousands of Vietnamese troops on Sunday helped clean oil off southern beaches as rescue workers sought to contain a spill from a capsized tanker and recover the bodies of nine more sailors, officials said.
  • China port company to boost investment assets to 100b yuan
  • Australia coal port cuts Q2 allocations
  • UK navy lays wreath over war relic

Sched Netweb site
  • US container leasing giant TAL suffers 77pc profit drop in Q4
  • Work on container terminal at St Petersburg slated for 2H08
  • Xinjiang to build two roads to Central Asia
  • Europe overtakes Asia as Yiwu's top buyer
  • PSA seeks Delhi's approval for 49pc stake in Kandla terminal
  • Maersk to drop Tanjung Pelepas from Emma Maersk run
  • High fuel costs make barges more attractive than trucks to Fraser Port
  • GAC India opens 3PL facility in Bhiwandi for Mumbai market
  • China Southern, Air France-KLM to form air cargo JV
  • National Air Cargo CEO implicated in over-billing Pentagon
  • National Forwarder ships longest air cargo consignment
  • India's Jet Airways signs Rutges Cargo to handle trucking in Europe

Exim Indiaweb site
  • Top 3 global majors to launch common service between Taiwan, Hong Kong, China and US West Coast
  • Yantian welcomes maiden call of Evergreen's new East Med service
  • Maersk Line to revamp Far East-MidEast service loops
  • Evergreen's NSA service starts to call at Nansha
  • WTSA to boost rates to recover US-Asia fuel costs from April
  • OOCL revenue soars by 22 pc to $ 5.6 bn, operational profit by 29 pc
  • Famous Pacific Shipping names Oliver Ward as Group Exec. Director
  • Delmas Singapore B/Ls to switch to CMA CGM
  • Europe West Indies Line purchased by Matrans
  • Wiseport, wireless broadband network for ships in port launched
  • Los Angeles portrayed as investor's paradise
  • Indo-Japanese trade projected to swell to $ 15 bn by 2010
  • Fiscal flashing to photo finish!
  • RIJA deftly lifts four 195-tonne giant cargoes at Mumbai Port
  • JNPT Managers win the tournament again as MANSA plays the gentleman's game
  • Crude oil basket at record $ 98.17 a barrel
  • NTC, showrooms to be revived, says Minister
  • In 42 years, India's economy will be close on US' heels, projects PwC report
  • CEOs project 8-8.5 pc GDP growth in CII poll
  • Exporters' hopes now rest on Nath's FTP-Fieo chief
  • Commerce Secy pitches for continued export sops to seafood, textile, leather sectors
  • 20 pc export growth may be maintained in 2008-09, feels Economic Advisor
  • Dollar at nadir against major currencies
  • Indo-German Chamber may set up technical training institute in Pune

International Transport Journalweb site
MARCH 10, 2008
  • Deutsche Post makes organisational and board changes
  • Dalgaard and Singh new DP World executives
  • CMA CGM orders new container/ro-ro units
  • Emirates SkyCargo reintroducing Vienna full-freighters
  • Port of Marseille's rail connections to be improved
  • Röhlig generates record revenue and profit

Maritime Global Netweb site
MARCH 10, 2008
  • Greek-owned fleet booms
  • EMSA to expand spill response fleet
  • Chemoil expands in Fujairah
  • Busan Port in Dafeng deal
  • Golden Ocean's lucrative bulker charter

Marine Logweb site
MARCH 10, 2008
  • Northrop Grumman fills two more key shipbuilding jobs
  • Antitrust approval for Royal Caribbean TUI cruise JV

World Wide Shipperweb site
MARCH 10, 2008
  • Port of Astoria looking for applicants for port commisioner
  • Washington State Ferries testing biodiesel fuel
  • NYK provides free shipping for wave-powered vessel
  • Port of Everett project going back to bid process
  • Washington Ecology Department checks shoreline for mystery canisters

Lloyd's Listweb site
MARCH 10, 2008
  • Barge 'drifted close to three other vessels'
    COURT told Korean barge that collided with Hebei Spirit was heading towards three bulkers anchored in the same area.
  • SHI finally stumps up for oil spill fund on eve of court proceedings
  • Evergreen eyes APM Terminals' Virginia terminal
    DANISH-owned ports operator set to start serving Taiwanese line at brand its new US east coast facility in Virginia.
  • Wild weather batters Europe
    SHIPS in much of western Europe were forced to endure the worst storm of the winter, with conditions predicted to get worse.
  • Sharing the seas
    IT IS interesting to reflect how our view of the oceans has changed in recent years.
  • Breaking down barriers
    IT IS observed that when the shipping industry gathers together, we appear invariably too old and usually too male.

Fairplayweb site
MARCH 10, 2008
  • NCL passes out pink slips
    Norwegian Cruise Line (NCL) is laying off an unknown number of staffers in Miami
  • Norden optimistic after bumper 2007
    DS NORDEN, the listed Danish bulk shipping company, is forecasting an increase in profit this year after it unveiled a 2007 profit five times higher than that of the previous year
  • USCG plucks five from gambling ship
    FIVE mariners from the US flagged gambling vessel SunCruz 9 were rescued Saturday by a USCG helicopter crew after the vessel broke its tow line in heavy seas
  • Queen report expected Wednesday
    CANADA'S Transportation Safety Board intends to release its report on the sinking of the Queen of the North on 12 March
  • Study supports US coastal trade
    PROPONENTS of a short-sea shipping system in the US are hoping a recently released study on inland waterway freight transportation will translate to near coastal trades
  • Kent seeks compensation from France
    WHILE progress is being made on resolving the SeaFrance dispute involving its ship's officers a return to work is not in prospect yet, and Kent County Couincil wants compensation for financial losses
  • Cyprus owner in Bahrain box venture
  • High winds hit ferry services and ports
  • Tanker grounds in high winds
  • Shipping counts stowaway costs
  • Trading halts in Malaysia's bourse
  • Bodies recovered from sunken tanker

The Journal of Commerceweb site
MARCH 10, 2008
  • Hapag-Lloyd suitors jockey for position
    Will the German carrier be spun off? Merged with TUI or Hamburg Sud? All are possibilities, according to industry reports.
  • TACA holds the line on surcharges
  • Kuehne & Nagel profit slumped in 4th quarter
  • Shippers back cross-border trucking program
  • Panalpina names CFO
  • EPA unveils green port strategy
  • Carriers pressure Nehru on dredging
  • French dockworkers suspend strike
  • Port of Seattle lifts moratorium on projects
  • Cargolux hikes fuel surcharge
  • German trade surplus exceeds forecasts

Containerisation Internationalweb site
MARCH 10, 2008
  • ICG profits soar 34%, despite takeover distractions
  • Denholm boosts Chinese presence with Arends acquisition
  • NCC boxes up 24% in first two months
  • French ports 48-hour strike suspended
  • L&T to develop port in Gujarat

TradeWindsweb site
MARCH 10, 2008
  • Danaos net takes a jump
    US-listed containership owner sees fourth-quarter profits swell by 46.1% on a larger fleet.
  • Oil spill hits Vietnam
    A week after a tanker capsized, Vietnamese troops are cleaning oil off beaches nearby.
  • Job cuts hit NCL
    Citing Hawaii troubles, Norwegian Cruise Line parent cuts employees in its Miami headquarters.
  • Chemoil launches in Fujairah
    Singapore-listed bunkering outfit begins taking deliveries in Fujairah, giving it a presence in top three bunkering ports.
  • Insurers to pay $256m
    A Dutch dredging company gets a record EUR 167m for a collision between a boxship and a mega hopper.
  • Vale signs more deals
    Brazilian miner Vale continues to sign pricing agreements in closely watched iron ore negotiations.
  • Container held marijuana
    US customs officials find $1.41m worth of a 'green leafy substance' in a container in Charleston, South Carolina.
  • Gotland struggles
    Annual operating profit lower at Swedish tanker and ferry group as costs rise.
  • Storm beaches ship off France
    Attempt to re-float Dutch ship at high tide on Monday as it grounds on popular French beach.
  • Japan holds 25
    Three vessels detained in February for oily water faults, including two operated by Sung Je of Korea.
  • Fidelity reveals Genco slice
    US investment advisor reveals that it owns 12.7% of Genco Shipping & Trading shares after nearly doubling its stake in a month.
  • Jinhui back on the horse
    Bulker owner inks panamax in Japan less than a month after calling a halt to further newbuildings.
  • Coustas cashes in
    Danaos banks profits of $5.5m following the sale of a 30-year-old boxship.
  • Shinsung lobbyist indicted
    South Korean authorities hold man after he and three others are accused of taking kick-backs from Busan-based owner.
  • Winds batter tanker in Channel
    Fully-laden Swedish vessel seeking refuge of Southampton as anchor drags and rudder malfunctions off Isle of Wight.
  • QE2's near-miss revealed
    Cunard liner forced P&O ferry to slow down as the two converged in Dover strait.
  • Fredriksen nets $34m
    Golden Ocean ties up panamax on a long-term deal to continue this year's fixture frenzy.
  • SCI linked to ABG tie-up
    India's serial joint-venture pursuer now reportedly looking to form yard operation with domestic builder.
  • One missing from Costa ship
    Major search mission off Florida as 'angry and agitated' woman leaps from Italy-flagged cruise ship.
  • Dale takes Havila seat
    Banking veteran steps into the CFO's berth following the resignation of Nils Peter Skeide.
  • ICG on the up
    Ferry and container earnings increase as Eamonn Rothwell-led group lives up to market expectations in 2007.
  • Bulk boom boosts Norden
    Danish operator exceeds annual net profit forecast as Chinese demand pushes dry-bulk rates up in 2007.
  • Odys vies for Svitzer order
    Gdansk shipyard in running to build four tugs for Danish owner in deal worth $26m.
  • Green light for cruise venture
    TUI and Royal Caribbean win European approval for new German-focused operation.
  • TUI in turmoil
    Hamburg council wants tie-up of Hapag-Lloyd with Hamburg Sud, while Fredriksen aiming to band together minority shareholders.
  • BLT held back by costs
    Indonesian tanker owner's 2007 profit dwindles on loss from hedging deals.
  • SapuraCrest back in the frame
    Seadrill, Fredriksen's offshore drilling operation, resumes acquisition of Malaysian firm's shares.
  • FreeSeas fixes pair
    Ion Varouxakis-led bulker player secures a year of employment for each of two new acquisitions.
  • CMB snaps up more Clarkson
    Belgian tanker and dry bulker owner increases its shareholding in its favourite shipbroker.
  • NOL makes strong start
    Singapore liner operator sees hefty year-on-year rise in volumes in first trading period of 2008.

American Shipperweb site
MARCH 10, 2008
  • Singapore tweaks laws to encourage more maritime finance activity
  • BA World Cargo to raise fuel surcharge
  • Cathay to serve Hanoi and Dhaka
  • Strauss joins Delta Cargo from Northwest
  • Kuehne + Nagel's 2007 profit up 16%
  • Haitian customs troubles blamed for rotting food aid
  • YRC Logistics names Friedlander managing director for Asia
  • CargoGulf opens first U.K. office
  • EPA announces ports action plan
  • Virginia legislature calls for port privatization study
  • SoCal ports see major declines in vessel activity for Jan.-Feb
  • China Merchants planning 29 new terminals by 2010
  • COSCO Pacific to up stake in Chinese container maker
  • FMC's Anderson says more Florida dock space needed for increased trade
  • Drugs seized at Charleston, S.C. port

The Scandinavian Shipping Gazetteweb site
MARCH 10, 2008
  • Havyard eyes Aker Yard boardroom
    As a new large shareholder in Aker Yards, Havyard Invest has requested an extraordinary shareholders' meeting to elect a new board of directors. The ordinary shareholders' meeting in Aker Yards is set to 25 April, and in a statement, Aker ...
  • The best year ever for Port of Esbjerg
    Port of Esbjerg had the best year since it became a limited company. In 2007 the cargo turnover reached an all time high of 4.6 million tons, which was up six per cent from the previous year. The growing ...
  • Socol 3 still held in Halmstad
    The St Vincent & Grenadines-flagged dry cargo vessel Socol 3, is still detained in Halmstad on the Swedish west coast after large amounts of poorly secured timber carried on deck were lost over board in 'resund last week. The vessel ...

The Bunker Bulletinweb site
MARCH 10, 2008
  • Seventh straight surcharge increase by Matson
    Fuel costs again boosting additional charge to record level for shipowner.
  • Sulphur options 'still up for discussion'
    Source close to IMO says bunker fuel recommendations 'evolving', nothing 'cast in concrete'.
  • Chemoil 'ups the stakes' in Fujairah
    Company radically increases planned capacity at Fujairah terminal as CEO repeats 'ambitious yet realistic' aim to seize 'sizeable' share of bunker market.
  • Rotterdam market quiet
  • Storage gives Chinese oil major leverage
    PetroChina 'swing supplier' in Singapore fuel-oil cargo market.
  • Mexican oil ports re-open
    Crude still bullish on cold snap and weak US dollar, but prices kept stable as Mexico supply disruptions ease.
  • Singapore broadband could 'revolutionise' bunkering
    System will allow bunker barges to access, view and plan schedules online
  • 'Universal' cylinder lube more widely available
    Total Lubmarine says new cylinder oil helps shipowners cope with sulphur changes.
  • Japan: Retroactive bunker price edges higher
    February bunker fuel price up slightly from month-ago levels but up more than 50% from last year.

›››File
FROM THE HOME PAGE
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
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
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
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%
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%
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
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
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.
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
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
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%)
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
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
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
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
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
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
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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