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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:50 GMT+1
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BRIEFS
April 11, 2008
The Business Timesweb site
Shipping News
  • Russian billionaire doubles TUI stake
    TUI AG, the German tour operator planning to shed its Hapag-Lloyd shipping line, said investor Alexei Mordashov doubled his stake to 10 per cent as the Russian billionaire supports the company's focus on travel.
  • Caribbean tanker rates fall on low US demand
    Rates to transport crude oil from the Caribbean on Aframax tankers fell 14 per cent amid lower-than-normal demand from US refineries and a dearth of cargoes from the Middle East.

Sched Netweb site
  • TNWA to launch new west Mediterranean (MED) service
  • Soaring claim costs transform marine insurance market
  • Cosco's China-EU service makes first call at Lianyungang
  • Swire, GDF set up cold chain logistics joint venture
  • Vladivostok terminal posted 53pc TEU rise in first quarter
  • MOL lands provider of the year award from Limited Brands
  • Kuehne + Nagel to manage Whitbread food distribution in the UK
  • Qingdao-Australia flights to be launched this year
  • Spring Airlines launches Shanghai-Urmuqi line
  • All Nippon Airways exercises options for two 767-300BCFs

International Transport Journalweb site
APRIL 10, 2008
  • Maersk appoints Vos as chief process officer
  • Muntwyler leaving DHL Express UK/Ireland
  • Emes adds 1,000 reefers to container fleet
  • Qatar Airways increases Geneva-Doha flights
  • Wide gauge rail line to Central Europe
  • Barloworld acquires Flynt International

Maritime Global Netweb site
APRIL 10, 2008
  • Asian owners worried by EU liability moves
  • UK MCA detains 5
  • UK MCA strike
  • Paccship fined for pollution

Marine Logweb site
APRIL 10, 2008
  • Two VP appointments at Newport News
  • Bollinger delivers third 60,000 bbl barge to Hornbeck
  • ABS and Russian Register to develop Arctic LNG rules
  • Tidewater eyeing Superior Offshore?
  • Aker Yards Germany cuts steel for giant RoPax
  • MacGregor buys GoM offshore crane specialist
  • COSCO Shipyard Group wins two, loses one

World Wide Shipperweb site
APRIL 10, 2008
  • Port of Seattle meeting eyes new Central Procurement Office
  • Freight Transportation Index holds steady during February
  • Horizon Lines vessel earns sea rescue award
  • Port of Everett completes environmental program
  • The New World Alliance plans joint Mediterranean run

Lloyd's Listweb site
APRIL 10, 2008
  • Apollo files for IPO
    APOLLO Global Management has lined up an initial public offering of potentially $417.5m.
  • Apollo is 'voting with its wallet', says Veitch
  • Rickmers Maritime gets financing for newbuilding plan
    SHIPOWNER secures $627m of debt for $1.3bn of newbuildings amidst global credit crunch.
  • Timing crucial in Hapag-Lloyd sale
    PRICE could be double amount Maersk paid for P&O Nedlloyd if sale is timed well and catches the peak of shipping cycle.
  • The great British ports equity experiment
    BRITISH ports have witnessed various ownership structures, including infrastructure funds. So which structure is best?
  • Light at the end of it
    AFTER a long dark journey, the Eurotunnel has finally given shareholders something to celebrate.

Fairplayweb site
APRIL 10, 2008
  • Yards endorse Posco price hike
    KOREAN shipbuilders have expressed relief at Posco's latest steel plate price rise being in line with expectations.
  • Wins and losses for Cosco yard
    SHARES in Cosco Corp, the Singapore-based shipbuilder and repairer fell 15% today following news that the Chinese shipbuilder and shipowner had lost a large rig contract
  • Dolphin's new shipyard for Gujurat
    DOLPHIN Offshore has got the green light to set up a shipyard at Jafrabad in Gujarat
  • Argentina clears beef exports
    BEEF exports are set to resume after Argentine Customs cleared around 60 containers detained at several BA terminals
  • Thoresen raises equity holdings
    THORESEN Shipping Singapore (TSS), a wholly owned subsidiary of Thoresen Thai Agencies (TTA) has increased its share capital in TTA
  • New minister to probe Klang scandal
    MALAYSIA'S new Transport Minister is pledging to re-open the PKFZ issue once investigations into the scandal are completed.

The Journal of Commerceweb site
APRIL 10, 2008
  • Grand Alliance starts European service
    Hapag-Lloyd, NYK Line, OOCL and and MISC Berhad to launch weekly EU5 service connecting Asia and Europe later this month.
  • Equity firm invests in Intermarine
  • House delays Colombia pact, drops 'fast-track' rule
  • U.S. trade gap widens despite rising exports
  • NIT League names Marad's Carlton as new chief
  • NY-NJ Express Rail passes 3 million containers
  • U.S. business pushes for transportation investment
  • BNSF expands Seattle port intermodal hub capacity
  • Eight Atlantic hurricanes forecast for 2008
  • U.S. fuels Canada trade surplus in February
  • French ports face strikes

Containerisation Internationalweb site
APRIL 10, 2008
  • Slow progress for MSC Lugano
  • Shipyards to suffer as South Korean steel maker hikes prices by 18%
  • Crossrail acquires licence to operate in Italy
  • New rail venture agreed for CIS
  • Grand Alliance confirms EU5 loop to start next week

TradeWindsweb site
APRIL 10, 2008
  • China can deliver
    After visit to the country, a Lazard Capital Markets analyst expresses confidence in the orderbook at China's emerging shipyards.
  • Tanker crewman dies
    Man falls overboard from an Interorient Navigation chemical tanker at Felixstowe, England.
  • Is that a tank ship?
    In response to the Cosco Busan, California legislators are considering a package of bills that include redefining some nontank vessels as 'tank ships'.
  • DVB Bank unveils capital push
    German shipping bank prepares a $237m stock issue and a move to form a Europe-wide entity.
  • Class societies in LNG link
    ABS and the Russian Maritime Register of Shipping shake hands to develop joint rules for Arctic LNG carriers.
  • Siem readies $6m takeover
    Norwegian shipowner buys the right to take majority stake in Stavanger-based WellCem
  • Rina races ahead
    Italian class society sees full-year profits rise by 25%, with the cost of the Erika ruling yet to appear on its books.
  • ThyssenKrupp in yard sale
    German giant hives off loss-making Nobiskrug facility as subsidiary restructures.
  • Potomac pulls out
    New York investment firm that once held 10% of Rand Logistics reports that it has no shares in the Great Lakes owner.
  • IHI shy
    Troubled Japanese yard group sees annual net profit fail to match expectations but still makes it into the black.
  • Cosco talks tough on deposits
    Share-price slump of over 15% amid pledge from yard group president that there will be no repeat of Red Flag order cancellation.
  • Mercator follows Essar's lead
    Indian owner planning $1bn bulker and dredger spree in response to similar pledge from rival.
  • EU pair eye Croatian yards
    Two European shipbuilders looking to buy loss-making Croatian rivals as Balkans state aims to cut subsidies.
  • Cancellation hurts Cosco
    Singapore-listed shipbuilder sees stock suffer biggest fall in seven years after pulling plug on $200m project.
  • India to pump $16bn into ports
    Shipping secretary will use cash to double capacity by 2012 with inland waterways also in for a treat.
  • Smit inks Pakistan contract
    Dutch salvage and towage group wins deal from Port Qasim Authorities for work at LNG terminal.
  • Thoresen shuffles the pack
    Thai owner lifts share capital in Singapore unit to cover cost of newbuilding quartet.
  • Napoli work to start today
    Salvors are set to begin work to remove the final stern section of the former Zodiac containership.

American Shipperweb site
APRIL 10, 2008
  • FMC commissioner says it's time to talk tariff reform
  • UNCITRAL posts draft treaty
  • Grand Alliance starting new Asia/North Europe loop
  • Great Wall Airlines appoints operations chief
  • Roadway launches expedited ocean service from China
  • House Democrats create roadblocks for Colombia trade pact
  • MarAd official Carlton to lead NIT League
  • CEVA parent plans stock offering
  • Dole to sell assets to cover debt
  • Panalpina starts air cargo service Palmair to Latin America
  • FMC reviews 8 OTI license applications
  • India's ports need doubling of capacity, $25 billion in investment
  • Vallarpadam terminal could face delays over land acquisition problems
  • Yantai terminal opens gate for container freight stations
  • Transcripts: Busan pilot confused before bridge strike

The Scandinavian Shipping Gazetteweb site
APRIL 10, 2008
  • Schoug becomes first RCL vice president for newbuildings
    Christer Schoug has been appointed by Royal Caribbean Cruises as vice president of newbuildings. Schoug is currently managing director of Stena Ro-Ro and deputy managing director of Stena Rederi. The vp of newbuildings is a new post in the ...
  • Lack of attention from all parties caused the grounding
    The grounding of the crude oil tanker Minerva Concert in the Hatter Barn Channel on May 14 2007 was caused by lack of attention by the pilot, the captain, the second officer on duty and by the lack of communication ...
  • Removal of final stern section of MSC Napoli started
    On 10 April the removal of the final stern section of the MSC Napoli started. Clean-up contractors will be in place throughout the five month removal operation. Once the the stern section is removed, full underwater surveys of the ...

The Bunker Bulletinweb site
APRIL 10, 2008
  • Bunker market report from Praxis
  • Trader joins SBI's Greek office
  • Algeciras accepts compensation for bunker spill
  • One in five samples below 1.5% sulphur
    Global average bunker fuel sulphur content skewed by disproportionate number of low sulphur samples.
  • Rotterdam market firming
  • US bunker spill driving legislative changes
    Californian legislators want swifter response to oil spills following Cosco Busan clean up problems.
  • Prompt Venezuelan cargo 'not what Singapore needs'
  • Singapore: Onshore fuel oil and distillate stocks fall
  • 'Bunker levy' wins support
    Proposal to go through to next round of IMO discussions on greenhouse gases.
  • Shortage of 180 cst product at Indian ports
    Supply disrupted by refinery shutdown.
  • Hong Kong shipowners 'pleased' with IMO proposals
    HK shipowners welcome IMO's proposals, but raise concern over 2020 target date for global 0.5% sulphur cap.

›››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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