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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
14:48 GMT+1
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BRIEFS
August 11, 2008
Sched Netweb site
  • 'K' Line invests in mainland Quanzhou ship repair yard
  • NYK opens new office in St Petersburg
  • 2008 China Logistics Tour launched in Chengdu
  • China's international forwarders council meet in Anhui
  • India's ports see growth of 19pc this year
  • Port of Hamburg handles five million TEU in first half
  • Container supply chains given boost by EC-funded project
  • Norfolk Southern rail posts 15pc more profit in second quarter
  • China Southern resumes Changchun-HK-Vladivostok services
  • Air cargo falls for first time since 2003 SARS crisis
  • Management Dynamics offers air rate manager solution
  • Kenya's Astral Aviation awards cargo services contract

Exim Indiaweb site
  • Smooth launches FormFree to immensely benefit CHAs
  • MNSL's new service expedites LCL & perishables transport to Male ex-Tuticorin Port
  • NOL sees no 'wave' of consolidations in maritime scenario
  • NOL invited to next stage of Hapag-Lloyd sale process
  • Varun Shipping to buy 3 deep-water anchor handlers
  • WTO quashes US Customs bond requirement from shrimp exporters
  • Egyptian, Iraqi purchases encourage tea exporters
  • Vizag Port excels with new daily unloading record
  • Cabinet clears maritime MoU with Holland
  • Rlys hauls in more freight earnings in April-July
  • Law Ministry scrutinising stamp duty exemption granted to SEZ units
  • EEPC wants interest subvention scheme retained till March 2009
  • Rising tax revenues tell different economic tale
  • Concrete offers alone can impart meaning to early resumption of trade talks-US official
  • RBI steps may take 6 months to leash prices-Chidambaram
  • Commerce Ministry asks Finance Commission to evolve permanent formula, gives suggestions
  • Parasmal Nahta & Dinesh Gupta remain at GCC&I helm

Marine Logweb site
AUGUST 8, 2008
  • $80.9 million Navy job for Metro Machine
  • Aker Yards Board recommends STX offer

World Wide Shipperweb site
AUGUST 8, 2008
  • Port Tracker report predicts cargo volume drop in 2008
  • US rail freight traffic rolls to negative week
  • Top Ships reaches deal to terminal bareboat charters
  • Corps eyes Cowlitz River for flood protection levels
  • Five new organizations to take part in environmental management program

Lloyd's Listweb site
  • CSBC set its sights on $300m new orders
    CSBC Corp is on its way to clinching a $300m bulk vessel order from Taiwan Power Co.

Fairplayweb site
AUGUST 8, 2008
  • Warsaw says EC yard deadline extended
    THE EC has extended Poland's deadline for submitting bids for the nearly bankrupt shipyards of Gdynia and Szczecin by two weeks, Warsaw's treasury minister said today
  • Subic suspension after 14th death
    AT HANJIN HI's Philippines shipyard, a subcontractor has been suspended after another worker was killed
  • Carnival uneasy with Big Easy
    CARNIVAL'S 70,367gt Carnival Fantasy will be diverting from its New Orleans homeport for longer than expected following the fuel spill in the Mississippi River
  • Hyundai Steel closes coking coal deals
    HYUNDAI Steel, a major supplier of thick steel plate for Korean shipyards, has signed coking coal supply contracts with Rio Tinto and Westfarmers of Australia
  • Teekay shares tank to four-year low
    TEEKAY stock has plummeted 16% in extremely heavy trading after results fell significantly below expectations
  • India clears giant mill-port scheme
    INDIA'S Supreme Court today cleared a plan by POSCO of South Korea to build a giant steel mill and port project in Paradip, Orissa state

The Journal of Commerceweb site
AUGUST 8, 2008
  • NOL, Hamburg group proceed to next round of Hapag-Lloyd bidding
    A third, unnamed bidder also is said to be in the running, and the winner could be announced in October.
  • Clean-trucks hearing set for Sept. 8
  • Canada pushes cold-ironing
  • House panel to study UPS-DHL alliance
  • Atlas Air profit plunges
  • BA World Cargo to cut fuel surcharge
  • Farm Bill's illegal-logging ban hits shippers, logistics companies
  • Hyundai's operating profit soars as net earnings dive
  • Congress gives "3PL" a definition
  • U.S. surface trade dips with Canada, Mexico

Containerisation Internationalweb site
AUGUST 8, 2008
  • China: Faster, higher, and stronger?
    As the crème de la crème of the world's athletes compete in the 29th Modern Olympic Games in Beijing, China, the concern over poor air quality is a salutary reminder of how indebted and dependent the rest of the world has become on the omnipresent Chinese factory.
  • Sydney box trade up 10%
  • Russia's NCC terminal's overall throughput up ' but its NUTEP volume tumbles
  • OOCL launches new Indonesia service
  • Santos execs on the move
  • NOL into the play-off

TradeWindsweb site
AUGUST 8, 2008
  • DryShips buys
    George Economou-led owner reportedly buys a panamax bulker with an attached time-charter.
  • Topaz traded
    Undisclosed buyers are reportedly taking an Overseas Maritime Carriers chemical tanker newbuilding for $62m.
  • Sell-off 'overdone'
    Analysts say Thursday's plunge in Teekay Corp stock was an overreaction to earnings restatement.
  • Shipping axed
    Bank WestLB shows shipping finance the door as part of "major restructuring" with credit crunch blamed.
  • Santos buys in
    Brazilian terminal operater snaps up general cargo terminal at the port of Imbituba.
  • It's quotes time
    Peter G is keeping an eye on his wallet while Teekay drops the bomb on investors.
  • Fugro grows
    Dutch Seismic player sets sights on bumper end of year as first half reveals 26% profit increase.
  • Slick suit
    Norwegian shipowners embark on long distance legal battle over bulk carrier oil spill.
  • Fire on LNG ship
    Lightning strikes Exmar-managed vessel off Belgium, crew bring blaze under control.
  • Axe falls in Malta
    Troubled yard to chop half its workforce ahead of sale, finance minister says.
  • Hansson has a ball
    Herbjorn Hansson-led NATS banks more in the first half of 2008 than in the whole of last year thanks to peak in suezmax rates.
  • Aker says yes
    Europe's largest shipbuilder gives reluctant ok to South Korean takeover bid.
  • Bulgare bargain?
    German linked buyer to put $930m into privatisation and revamp of Bulgarian national shipping company.
  • More for Kyoei
    Japanese VLCC owner sees first quarter profit rise by 25% despite falling revenue.
  • Slimline tonic
    CH Offshore's smaller fleet exceeds its full-year expectations despite dip in profit.
  • Yards behind
    Aker Yards admits "need for further improvement" after slumping to large second-quarter loss.
  • Eidesvik sells PSV
    Jan Fredrik Meling-led offshore owner strikes while the iron is hot to offload vessel for around $38m.
  • Good Toei story
    Part II of financial year set to be a blockbuster for Japan's Toei Reefer as profit set to come to life.
  • Mixed message
    Inui Steamship sees profit spike 83% in the first quarter, but the bulker owner cut its full-year forecast.
  • $18m double deal
    Andre Goedee's Dockwise picks up two offshore contracts to keep its heavy-lift fleet busy.
  • Brazil tempts BHP
    Mining giant BHP Billiton could be eyeing $900m investment in new Brazilian iron ore terminal.
  • Hitachi gloomy
    Japanese yard Hitachi Zosen predicts loss-making first half despite swinging to black in latest quarter.
  • P&O inks pair
    UK ferry company puts pen to paper on EUR360m deal for two ro-paxes at Aker Yards.
  • Oakajee is a go
    New capesize port in Western Australia closer to reality following contractor selection.
  • NOL goes through
    Singapore liner operator says it has made the next phase of the bidding for Hapag Lloyd.
  • HMM plunges
    Missing disposal gains and weak currency lead to 11-times drop in net profit at Hyundai Merchant Marine.
  • Surabaya bound
    Hong Kong's OOCL to launch new feeder service between Singapore and Indonesian.
  • Thumbs up
    Analysts upbeat about Rickmers Maritime Trust and its prospects in sector downturn.

American Shipperweb site
AUGUST 8, 2008
  • NOL, Hamburg consortium only bidders left for Hapag-Lloyd
  • Economists forecast drop in container volume
  • Seaboard earnings take hit from accounting error
  • TBS International: "best quarter in history"
  • OOCL launches Indonesia dedicated feeder
  • Could Smith positively, absolutely help McCain win the election overnight?
  • Truckers question hazmat restrictions on the "Big Dig"
  • Huber added to COAC
  • New BDP office focuses on Indonesian oil, gas and mining industries
  • SEKO opens new Scotland office
  • Hutchison leaves TT Club for cheaper insurance
  • Guam seeks relief from California container fee
  • Southern California ports move to delay truck plan injunction
  • Oakland port approves truck retrofit funds and study to eliminate owner operator drivers

The Scandinavian Shipping Gazetteweb site
AUGUST 8, 2008
  • Aker Yards signs firm contract with P&O
    A letter of intent signed in June 2008 between Aker Yards and P&O Ferries about building two large car-passenger ferries for the Dover-Calais service has now been turned into a firm contract. The total contract price for ...
  • European development bank invests in FESCO
    European Bank for Restructuring and Development has for USD 120 million acquired 3.8 per cent of the shares in the Russian shipowning and logistics company Far Eastern Shipping Company, FESCO. The deal was made in connection with a share ...
  • Five years of faulty book-keeping in Teekay
    At the same time as announcing one of its best quarter results ever, Teekay informs that the financial results for the last five years are unreliable because of faulty accounting of derivate transactions. All financial statements from 2003 will be ...

The Bunker Bulletinweb site
AUGUST 8, 2008
  • High bunker prices here to stay?
    Oil market data suggesting a wide range of possible future numbers.
  • Barge fuel recovery completed
    Cleanup efforts being scaled back as operations moving to 'managed recovery'.
  • China to 'expedite' Hambantota funding
    Promises made during state visit.
  • Bunker costs 'not yet a threat' to exports
    Chinese export boom is surviving higher fuel prices, say market players.
  • Singapore bunker prices at two-week low
    Bunker hub sees 380 cst product down by $20.
  • Rotterdam prices dive as fundamentals weaken
    Solid inventories, weak bunker demand and lack of arbitrage driving prices down.
  • WFS claims 'phenomenal' results
    World Fuel Services Corporation reaps rewards from second quarter price volatility.
  • Rotterdam market remains very quiet
  • 180 cst shortage at Indian ports
    Supplies of MGO have resumed in the Gulf of Kutch, local supplier says.
  • Indian refiner sells fuel cargo into Middle East
    Traders expecting more competition between Singapore and the Middle East for cargoes from India.
  • Global tanker fleet being used 'inefficiently'
    Slow steaming among reasons for tight tonnage availability.
  • Shipowners' bunker costs surge 87%
    Shipping association concerned about the effects of rapidly rising bunker fuel prices.
  • Singapore residual fuel stocks at 10-week low
    Stocks of middle distillates also fell to the lowest levels in 3 weeks.

›››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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