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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
August 14, 2008
The Business Timesweb site
Shipping News
  • Keppel unit wins US$560m rig order from Ensco
    Keppel Corp unit Keppel Fels has picked up another deepwater semi-submersible order, announcing yesterday a US$560 million contract to build the seventh Ensco 8500 series rig for Ensco International.
  • TUI likely to report Q2 loss of 73.9m euros
    TUI AG, the German tourism company preparing to sell its Hapag-Lloyd shipping line, may report a second-quarter loss this week on costs to overhaul its travel unit and lease aircraft.
  • No decision by US court on Exxon Valdez interest payments
    The US Supreme Court on Tuesday declined to decide whether Exxon Mobil Corp must pay interest on punitive damages awarded in America's worst oil spill.
  • China Shipping's H1 profit up 44% on vessel demand
  • Tanker rates seen tripling by early 2009
  • PSA's Jan-July container traffic up 11.6 per cent

Sched Netweb site
  • AADA announces rate increase of US$350 per TEU from Sept 1
  • Hanjin Shipping takes delivery of new 4,300-TEU ship
  • Rebel shareholder told to stop delaying Hapag-Lloyd sale
  • New markets, products drive Guangdong exports
  • Mideast shipping industry is primed for robust growth
  • Fesco sells 3.8pc stake to European Bank for Reconstruction and Development
  • Russian Railways sees first half cargo volume up 2.9pc
  • Baltimore box traffic fades as disadvantages loom larger
  • St Petersburg's First Container Terminal getting 10 RTGs
  • Aeroflot first half profit drops 31pc, US$96.2 million
  • ITC sees import business in Ireland growth despite slowdown
  • Atlas Air profit drop in Q2, but recovery seen with DHL agreement

Exim Indiaweb site
  • Arshiya International signs Rs 71-cr. initial deal with Kalmar
  • Marine bunker fuel cost up by $ 250/tonne since Jan.
  • MANSA at 30-Promising sailing ahead
  • NSB vows to take up seafarers' I-T issue with Shipping Minister
  • Feeder operators impose RCR from Aug. 15
  • Exim Bank grant for Gambia
  • Dr G. S. Rao takes charge as Dy Chairman & CVO of KPT
  • New state-of-art ports shaping up along E. Coast
  • Santosh Nautiyal next TAMP chief?
  • PPPAC clears more highways to progress
  • Cap to be imposed on prime farm land acquisition for SEZs
  • 4 m jobs to be generated by export zones
  • IMC hosting meet on handlooms export potential

International Transport Journalweb site
AUGUST 13, 2008
  • ICTSI names new NICTI general manager
  • NOL reports 45% increase in H1 profit
  • BAWC announces Q1 results
  • Hellmann: new gateway for traffic to/from France
  • UPS signals interest in TNT
  • AAAE/IAAE conference in Greece

Maritime Global Netweb site
AUGUST 13, 2008
  • BW Gas rejects LPG fleet bids
  • Bunker costs hit Odfjell
  • Canadian cold ironing initiative
  • Exmar in JV deal with Prime Marine

World Wide Shipperweb site
AUGUST 13, 2008
  • Port of Portland cleanup effort includes use of low sulfur diesel
  • Haindl new marketing manager for Port of Vancouver, USA
  • Port of Tacoma re-launches updated Internet website
  • Port of Seattle taps Graves as Capital Development director
  • ACP Human Resources Dept. earns ISO 9001-200 certification

Lloyd's Listweb site
AUGUST 13, 2008
  • Sovcomflot to consolidate port-related assets
    RUSSIA'S largest owner makes final preparations to rebrand and rename ahead of possible listing.
  • Sovcomflot sales up 27%
  • CMA CGM spins off ship investment vehicle
    GLOBAL Ship Lease set to be listed on the New York Stock Exchange by the end of this week.
  • Shipping funds help prop up HCI Capital
    HCI Capital reports '18.5m loss but interest in shipping funds remains unbroken.

Fairplayweb site
AUGUST 13, 2008
  • Fire, fighting hit Med tanker sector
    TANKER markets in the Med are being affected by news that a fire is still alight at a pumping station on the BTC pipeline in eastern Turkey
  • BW Gas turns down ship offers
    BW GAS has rejected offers for its LPG ships and agreed with its partner Exmar to terminate their pooling accord
  • Beluga wants tighter newbuilding grip
    GERMAN project carrier Beluga is seeking tighter control over the placing of the group's newbuildings in the German private investor market

The Journal of Commerceweb site
AUGUST 13, 2008
  • Key House leader closely watching EU liner shift
  • Maersk changes AE8 service
  • U.S. apple harvest flat
  • Asia-Australia ocean carriers propose rate increase
  • Shareholders approve CMA CGM ship lease merger
  • CAI prices shares
  • UPS plans Shanghai center
  • Customs Update: Where's the leadership?
  • Merchant marine cadets to train on Hapag-Lloyd ships
  • NWA Cargo cuts fuel fees

Containerisation Internationalweb site
AUGUST 13, 2008
  • Asian stocks fall again in global slowdown fears
  • Maersk plans Europe/West Africa upgrade
  • Dublin Port volume 'similar' in 2008
  • Maersk warms to Hamburg
  • AADA to levy China PSS in September

TradeWindsweb site
AUGUST 13, 2008
  • Aegean upbeat
    Nikolas Tavlarios-led bunker supplier posts increase in net income as the bunker spread jumps by 96.5%.
  • Bulky stock gains
    Bulker stocks post double-digit increases on US markets Wednesday, with Excel leading the charge.
  • UP in cruise exit
    Ultrapetrol signs agreement to sell the Blue Monarch and exit the cruise business.
  • 'Deal is dead'
    Jan Haakon Pettersen dashes the hopes of suitor Exmar, claiming a deal to sell the world's largest LPG fleet is absolutely dead.
  • The big lift
    Titan Salvage removes wrecked New Flame's accommodations block in a major step forward.
  • Knight doubles up
    Strong market pushes profits at US-listed VLCC owner Knightsbridge Tankers to surge by 97%.
  • Saverys stalks BW
    Exmar not lost interest in BW swoop despite failed bid killing pool alliance, CEO says.
  • On the shelf
    Paragon Shipping files $250m shelf registration, while Bodouroglou registers his 19.2% stake in the potential stock sale.
  • OSG bins bulkers
    Morten Arntzen-led owner nets $55m after disposing of capesize pair.
  • Essar takes two
    Indian owner swoops a pair of supramax bulkers to continue its dry-cargo binge.
  • Dublin dips
    Throughput slips in first half at Irish port after record year in 2007, boosted by sale of land.
  • BW hangs on
    Jan Haakon Pettersen-led owner rebuffs $2bn sale of its LPG fleet.
  • ASC bullish
    Interest swap gain leads American Shipping Company back to black with product tanker market set fair.
  • Costs hurt Odfjell
    Terje Storeng-led parcel tanker owner see profit slump in second quarter as expenses soar and gains drop.
  • Exmar's pool pain
    Belgian owner's shares slump after it pulls out of pool alliance with BW Gas to get into bed with a Greek owner.
  • On the up
    New facility and productivity combine to raise profits at China's Yangzijiang Shipbuilding.
  • Nobu not happy
    TMT owner claims that Star Bulk breached alleged share agreement and has lost money.
  • Star shines
    US-listed bulker outfit sees profits increase to $31.5m in its second full quarter since listing.
  • Ion makes it nine
    Varouxakis-led bulker operator buys handysize with almost immediate delivery.
  • Stopgap
    Canada's troubled Davie Yards has appointed Brynjulv Mugaas as interim COO.

American Shipperweb site
AUGUST 13, 2008
  • Maersk making changes to mammoth Asia/Europe service
  • U.S. Shipping reports loss for quarter
  • TBS takes delivery of bulk carrier
  • Cathay, Dragonair July cargo up 5%
  • U.S.-flag Great Lakes cargo flat in July
  • UP names new executives in western region
  • Chinese apparel export growth rate on the decline
  • Indian shrimp exporters to U.S. hit by court decision
  • Illinois shipper pays $126,000 fine for export violations
  • BDP Project Logistics opens Tripoli delegate office
  • FMC reviews 12 OTI license applications
  • Expansion eyed for SFI scan trial

The Scandinavian Shipping Gazetteweb site
AUGUST 13, 2008
  • Board members of Aker Yards sold their shares
    Several board members of Aker Yards have now sold their shares in the company to the South Korean shipyard group STX. Earlier this week the board recommended all share holders to accept STX's bid of the remaining shares. Svein Sivertsen ...

The Bunker Bulletinweb site
AUGUST 13, 2008
  • Global bunker market report
  • US oil inventories drop more than expected
    Oil jumps as DOE reports big decline in stocks of gasoline.
  • Surprise Saudi cargo offered in tight market
    Fuel oil parcel for early September loading expected to 'get fairly good bids'.
  • Singapore fuel oil, bunker market rebounds
    Bunker prices still dropping in other Asian ports Wednesday as Singapore prices rise for the first time since August 4.
  • Odfjell slows fleet to cut bunker consumption
    The tanker and terminal operator reports a 61% slump in net profit.
  • Rotterdam barges remain tight
  • Bunker sales bounce back in Singapore
    July bunker sales at more than 3 million mt, up over 20% year-on-year.
  • Fuel efficiency strategies paying off
    Research firm highlights ways to cope with high bunker fuel prices.
  • Hong Kong bunker demand slow
    Buyers hold back in anticipation of lower prices.

›››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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