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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
10:17 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
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
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