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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:12 GMT+1
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BRIEFS
October 13, 2008
The Business Timesweb site
Shipping News
  • Baltic Dry Index registers record drop
    The Baltic Dry Index, a measure of shipping costs for commodities, had its biggest drop on record on Friday as a credit freeze weakened demand for commodities.

Sched Netweb site
  • NOL withdraws Hapag bid, TUI board 'meets on sale'
  • Once substantial intra-Asia carrier C& collapses
  • OOCL group appoints Andy Tung as chief operating officer
  • TS Lines to start Mideast service, to expand intra-Asia
  • CMA CGM calls at Tangier on FAL1 service
  • China's first Logistics Emergency Mobilisation Centre in Wuhan
  • Pearl River Delta rail service extends to Germany
  • India's biggest private forwarder to expand in US
  • Mini-container terminal coming to Southampton
  • Balmer Lawrie to retain BLUK subsidiary
  • Lloyd's offers shipboard armed security to cut pirate insurance
  • Hactl tonnage falls 4.1pc in third quarter
  • Shenzhen Airport launches first cargo flights to Hong Kong
  • Cathay's new cargo chief: Demand was robust over 6 months
  • DHL boosts Asia air network by 20pc in 4 cities

Exim Indiaweb site
  • SCI offered Capesize ships at 'attractive' prices
  • Essar Shipping bags safety & green award for 3rd time
  • Crucial ship management meet in Singapore on Friday
  • R. Venkatesh named convenor of Global Shippers' Forum
  • Hopes of Q4 revival in shipping demand fading
  • Allcargo appoints Hoshang Vajifdar as CEO of NVOCC unit & Business Development
  • Alliance Marine completes year of successful operations
  • Trade with China set to exceed $ 50 billion
  • Give MSME export sector enough credit-Fieo chief
  • Parekh Marine Agencies facilitates handling of largest heavy-lift cargo vessel
  • Boost for Bhaskarachar
  • KPT extends RFQ submission deadline for Tekra (Tuna) projects
  • Rlys poised to hike iron ore freight charges by 6 pc
  • ...hauls 402 m tonnes of freight during April-September
  • RBI's further injection of funds into system earns CII approval
  • India Inc. sweeps aside gathering gloom for more M&As
  • Mumbai Customs holds category 'G' exams under chalr 2004
  • IMC leading 24-man business team to China

International Transport Journalweb site
  • Albert Ballin KG takes over Hapag-Lloyd AG
  • Wincanton building new platform in the Netherlands

Maritime Global Netweb site
OCTOBER 10, 2008
  • ICS chairman: "Emission trading not inevitable"
  • UK Sosrep orders vessel tow
  • Sigma Tankers pools expands fleet
  • Recruitment is "biggest challenge" for LNG shipping
  • BP sells Krystallon stake

Marine Logweb site
OCTOBER 11, 2008
  • Gulf Island gets into vessel construction
  • St Kitts signs LRIT contract

World Wide Shipperweb site
OCTOBER 10, 2008
  • TWIC compliance date set for Portland/Puget Sound port zones
  • Rail freight traffic drops during week
  • Clean-up process continues for derelict vessel in Columbia
  • Port of Vancouver, USA taps Marler as contracts manager
  • Boeing officials talking with striking machinists

Lloyd's Listweb site
OCTOBER 11, 2008
  • Fedra crew rescued as vessel breaks up
    DRAMATIC rescue saves 31 seafarers off Gibraltar after vessel runs aground in gale force winds.

Fairplayweb site
OCTOBER 10, 2008
  • IEA sees global oil demand stall
    Rise of 0.5% seen for this yearTHE IEA significantly lowered its predictions today for global oil demand, in light of rapidly weakening economic conditions and financial turmoil
  • Toxic cargo to be sent to Israel
    THE TOXIC cargo of the sunken Philippines ro-pax Princess of the Stars will be shipped back to Israel, according to Manila's department of transport
  • Polish PM talks yards with Sarkozy
    POLISH Prime Minister Donald Tusk has conferred with French President Nicolas Sarkozy in Paris about the bankruptcy-threatened Gdynia and Szczecin shipyards
  • Another hijacked ship freed
    ANOTHER ship and its crewmen have been freed by Somali pirates in the Gulf of Aden

The Journal of Commerceweb site
OCTOBER 10, 2008
  • TSA: 83% of TWIC cards have been activated
  • Panama Canal secures $400M loan for expansion
  • Seaway talks move ahead
  • Trade gap narrows
  • New COO for OOCL
  • Texas port adds dredge site
  • Atlas Air cuts forecast
  • Eimskip sells carrier ECL
  • IMO adopts new emission standards for ocean vessels
  • FMC to meet Oct. 15

Containerisation Internationalweb site
OCTOBER 10, 2008
  • Piracy: a 21st Century problem
    With attention anxiously fixed on the ongoing global financial meltdown being played out daily on the world's bourses, the worsening piracy problem in the Gulf of Aden has struggled to gain media coverage
  • NOL withdraws from Hapag-Lloyd bidding process
  • NWA to slash transpacific slot capacity
  • Shuwaikh is in bad shape
  • Andy Tung appointed coo of OOCL

TradeWindsweb site
OCTOBER 10, 2008
  • Worst week ever
    Shipping and offshore stocks take part in relentless downward spiral as Dow approaches record one-week decline.
  • Marpol amended
    Mitropoulos triumphant as IMO adopts new emissions standards that will phase out heavy fuel oils.
  • Brostrom sells
    Swedish tanker owner is said to have sold a chemical tanker to Chilean buyers.
  • Korean ship sold
    Greeks buy a 34,700-dwt chemical tanker, but brokers say the sale is an older transaction.
  • NOL pulls out
    Singapore liner operator in shock withdrawal from Hapag-Lloyd takeover battle.
  • Noble in Brazil
    Singapore-listed company starts construction on a liquid bulk terminal in Brazil.
  • Eitzen ship free
    Crew back in charge of Stella Maris after 12 weeks under pirate control, manager says.
  • Two hunt Svithoid
    Takeover or merger draws close as Swedish tanker owner looks to stay afloat, says Sven Lundgren.
  • Sasco double
    Russian owner heads to China again for another boxship order, this time at Hongsheng and Yangzhou Taurus shipyards.
  • US driller moves
    Houston-based Transocean plans to move its officers and place of incorporation to Switzerland.
  • Falling further
    Eitzen Chemical defies gravity as shipping stocks are dragged down by global financial fears.
  • WFP ship attacked
    Whereabouts of Canadian naval escort at time of assault a mystery as aid ship comes under fire.
  • Hope floats
    A floating church is providing spiritual shelter from a financial storm.
  • Iran Deyanat free
    IRISL-owned bulk-carrier hijacked with 29 crew off Somalia in August said to have been released.
  • BC bonus
    Canadian ferry owner shells out CAD 1.7m to staff at a time when it is cutting back routes to save money.
  • It's quotes time
    The current market crisis could leave a lot of people pulling a lot of hair out.
  • Svithoid to fold?
    Tanker owner may fail after lack of liquidity leaves it unable to function.
  • Crunched again
    Slumping demand sees equity placement tumble at Lloyd Fonds with net profit not looking pretty.
  • Another attack
    Cement carrier seized between Somalia and Yemen with 11 crew on board, officials say.
  • Seagull flies
    Cement carrier sale points to healthy demand for specialised tonnage.
  • Stella stops
    Finnish owner scraps new St Petersburg to Helsinki ferry run as money supply runs dry.
  • Refloat planned
    Salvors to attempt to shift grounded Fednav bulker off Norway after bunkers removed.
  • Mangalia money
    New German owner of Romanian shipbuilder will invest EUR 10.5m in its revival.
  • AIA backs FSL
    Singapore insurance arm of AIG raises its stake in battered Singapore business trust.

American Shipperweb site
OCTOBER 10, 2008
  • MarAd seeks applications for marine highway corridors
  • U.S. deposits air pollution treaty with IMO
  • Call for more action on Somalia pirates
  • Maersk adds ship to SAMBA service
  • N.Y.-N.J. Port Authority to ask court to block airport slot auctions
  • Cargo 2000 bolsters membership roll
  • Oak Harbor, Teamsters harden positions in standoff
  • BNSF, UP pledge advanced safety controls for SoCal trains
  • GENCO chief warns of high labor costs if Dems win
  • Phelan named DHL Global Mail CEO
  • CEVA names new auto team
  • Marchand: Savannah must secure additional capacity

The Scandinavian Shipping Gazetteweb site
OCTOBER 10, 2008
  • Hurtigruten to cut NOK 150 million
    The board of Hurtigruten ASA has decided to go on with its plans for cutting NOK 150 million through staff reduction and reorganization. Unless an agreement is reached with the Ministry of Communication for refund of domestic duties on fuel ...
  • Pirate attacks against Maersk Line vessels
    Container carriers have been the target of several Somali pirate attacks over the last couple of weeks. At least three container vessels have been attacked, but they have managed to ward off the pirates. The Danish Georg M'rsk and Charlotte ...

The Bunker Bulletinweb site
OCTOBER 10, 2008
  • OPEC ponders cuts, crude plunges
    Cartel looking at supply reduction as oil prices continuing to fall amid financial worries.
  • California fuel scheme picks up pace
    Voluntary program attracts more companies, as Los Angeles MGO prices plummet.
  • Shipping cools earth's climate theory 'quashed'
    Scientists say any cooling is localised and is not enough to offset global warming.
  • IMO gets stuck on GHG
    Talks on market based instruments, an area where the bunker industry could play a role, prove challenging.
  • End of the line for Asian operator
    Speculation about the company's fate had mounted following reports of unpaid bunker bills.
  • Global bunker market report
  • IMO hears warning on cost of 0.10% sulphur ECA
    Ferry industry warns of line closures and 'adverse environmental impact' as European operators face extra $7 billion fuel bill.
  • ARA market softer but tight for prompt supply
  • Singapore bunker prices at eight month low
    Double-digit drops posted on Friday as crude hits one-year low.
  • Second 'mega-barge' launched in Singapore
    Singapore supplier currently has two of the world's biggest bunker tankers.
  • Bunkering operations unaffected by possible port strike
    Piraeus port workers may strike over Cosco Pacific lease on Friday.

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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