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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
October 14, 2008
The Business Timesweb site
Shipping News
  • Logistics players facing security challenge
    SUPPLY chain security remains a key challenge for third-party logistics (3PL) players, as there still exists a gap between 3PL users' expectations and the security capabilities of 3PL providers.
  • TUI sells Hapag-Lloyd in 4.45b euro deal
    TUI AG, the German owner of Europe's largest travel company, agreed to sell Hapag-Lloyd to a Hamburg-based investor group in a deal that values the shipping company at 4.45 billion euros (S$8.9 billion).
  • Tanker rates for Nov shipments likely to halt slide
    The cost of shipping Middle East crude to Asia may halt the biggest drop in two months as demand accelerates for next month's shipments.
  • PSA container traffic up by 10.5%
  • STX wins 161b won order for 2 bulk carriers

Sched Netweb site
  • Hapag-Lloyd sold to Hamburg investors, but TUI to hold 33pc
  • Shipping due for 'severe correction': ship financier
  • September brings rail record at Hutchison's Felixstowe CT
  • Qingdao Qianwan Bonded Area to handle 11.5 million TEU
  • Capacity to fall more than expected on eastbound transpacific: TSA
  • Kuehne + Nagel starts work on new Hamburg logistics hub
  • Deutsche Bahn logistics IPO dropped, awaits better days
  • Intermodal pioneer, Hub Group founder Phillip Yeager dies
  • Globe Express opens Dunkirk and Los Angeles offices
  • Panalpina withdraws from Nigerian domestic business
  • US air cargo falls 6.6pc in August, worst since 2001
  • India's Mesco mulls international air cargo offering despite slump
  • Cyprus passengers volume rises but air traffic is erratic
  • Russia's Volga-Dnepr Airlines aids Hurricane Gustav victims

Exim Indiaweb site
  • Capt. Deepak Tewari elected CSLA Chairman, Anil Devli Vice-Chairman
  • Puhai launches TSC service at Chennai
  • Globelink WW strengthens its presence in Gujarat
  • Nol pulls out of Hapag Lloyd bidding
  • Rules of engagement tie pirate pursuer's hands
  • Bonus for the bold
  • Slowing demand prompts CKYH Med service suspension
  • Credit crisis dries up funds sources for shipowners & shipyards
  • Evergreen Line overhauls Asia-Australia services
  • Evergreen, Zhenli, Yang Ming launch intra-Asia service
  • 4 nations join hands to launch new Sea of Japan liner service
  • CTSA to reduce bunker surcharge 10 pc from November 1
  • GGL Line starts new Singapore-Upper Gulf direct consol
  • Panda launches Qingdao-to-Budapest express consolidation
  • India, Uzbekistan commission for trade boost
  • Excellent hinterland links, quick train turnaround set to transform Mict into Nhava Sheva-II
  • 11-m draught ship sails smoothly into Vizag harbour
  • Net direct tax collections up by 26 per cent in Sept. 2008
  • CII spells out monetary formula to insulate economy from gathering gloom

Maritime Global Netweb site
OCTOBER 13, 2008
  • Another tanker hijacked
  • IMO and industry in piracy talks
  • Hamburg group set to buy Hapag-Lloyd
  • Euro unions protest over jobs
  • IMO finalizes recycling convention
  • IMO to adopt MARPOL Annex VI revisions
  • New sulphur limits "will hit ferry operations"
  • New US box rule comes into force

World Wide Shipperweb site
OCTOBER 13, 2008
  • Vessel arrives in Seattle with smoldering containers
  • IMO committee adopts new emissions regulations
  • Trailer Bridge earns SmartWay designation
  • Federal government eyeing new Marine Highways system
  • Lumber output for 2007 drops for second straight year

Lloyd's Listweb site
OCTOBER 13, 2008
  • Dry bulk set to rebound next month
    SHIP operators and brokers predict rates will rise from three-year lows in November but fear they will fall further.
  • Dry bulk levels may be close to their 'logical bottom'
  • China steel production 'key to dry bulk revival'
    CHINA'S steel output will grow 9.1% next year, predicts senior analyst Macquarie Securities.
  • Svithoid goes bust
    STOCKHOLM based tanker company calls in administrators after announcing that it was unable to pay off its debts.

Fairplayweb site
OCTOBER 13, 2008
  • GS walks from Daewoo bid consortium
    Daewoo Shipbuilding & Marine EngineeringGS has pulled out of the consortium with Posco bidding for Daewoo Shipbuilding after a board meeting today
  • USCG opens cruise ship COE
    US COAST Guard has opened a Centre of Expertise in Miami, where vessel inspectors and investigators working with the cruise industry can refine sector-specific skills
  • Carnival curbs fuel charges
    CARNIVAL Corporation will pull back on fuel surcharges as oil prices fall
  • Caracas plan gets cautious welcome
    VENEZUELA'S shipping industry has responded cautiously to a state pledge to reinvigorate La Guaira, the port serving the capital, Caracas
  • MCA calls for LRIT offers
    THE UK's Maritime and Coastguard Agency (MCA) is inviting organisations who wish to undertake Long Range Identification and Tracking (LRIT) ship equipment conformance testing to get in touch
  • NAT start quarter well
    Final quarter of the year has started well for Nordic American Tanker Shipping (NAT) and the debt free company has fixed two of its 12 Suezmax tankers recently at rates that reflect this optimism
  • Blaze probed aboard APL Peru
    INVESTIGATORS in Seattle are working today to determine the cause of a fire that erupted in a cargo hold aboard the APL Peru as it transited from Hong Kong to the US last week

The Journal of Commerceweb site
OCTOBER 13, 2008
  • TUI sells Hapag-Lloyd to Hamburg group
    European travel giant agrees to sell fifth-largest container line to Hamburg consortium of investors for $6.11 billion.
  • APL ship fire in Seattle
  • Vancouver, Wash., to get second heavy-lift crane
  • APL volumes up 6%
  • Port of San Diego appoints maritime director
  • Air cargo off 6.6%
  • Ships ground near Spain
  • Atlas Air cuts forecast
  • TSA: 83% of TWIC cards have been activated
  • Panama Canal secures $400M loan for expansion
  • Seaway talks move ahead

Containerisation Internationalweb site
OCTOBER 13, 2008
  • Hapag-Lloyd sold and bought back
  • Stock market turmoil puts paid to Ningbo IPO
  • New US box rule warning
  • Helsingborg loses Samskip operation
  • Somali pirates strike again: slow-steaming orders rescinded

TradeWindsweb site
OCTOBER 13, 2008
  • Cartoon capers
    The world economy may be in turmoil, the dry cargo market sinking and the outlook uncertain but TradeWinds has the answer to all this gloom and doom!
  • Growth eases
    Neptune Orient Lines has seen year-on-year growth in volumes decline to single digit figures.
  • Steady as it goes
    The global economic slowdown is on hold as far as Singapore's two terminals operators are concerned.
  • A rally, finally
    US shipping and offshore stocks regain ground as Dow Jones is poised to end losing streak.
  • OSG defies crunch
    Just days after CEO Morten Arntzen said that "the credit crunch is real", OSG scores a $500m loan.
  • Still working
    Houston still has a problem as the Coast Guard works to restore shipping channels to normal.
  • Master rescued
    Bulker captain suffers cardiac arrest while the vessel was on the Mississippi River.
  • Rate rise warning
    New Swedish Club chief, Lars Rhodin, adopts action plan to address chronic underpricing of hull insurance.
  • Svithoid sunk
    Tanker owner files for liquidation after series of financial difficulties.
  • Brilliance in Dubai
    Royal Caribbean deploys 2,100-berth cruiseship in the Middle East beginning in 2010.
  • Bro nets $5.5m
    Swedish owner Brostrom earns a profit from a chemical tanker despite slow sale-and-purchase market.
  • Ulysses tied up
    Navios Maritime Holdings' latest supramax delivery fixed out on a healthy five-year charter, as the owner ditches plans for it to trade in the spot market.
  • Costs hit Skaugen
    Revenues up at Norwegian owner and Middle East market robust, but shipbuilding costs soar.
  • Holland says 'hola'
    Carnival's Holland America Line deploys revamped vessel for premium South American voyages.
  • Farstad hat-trick
    Karl Johan Bakken-led owner bags possible $107m after fixing three AHTS units on term deals.
  • Jansen steps up
    Denmark's Nordic Tankers has new permanent CEO as deputy chairman Geir Jansen takes top job.
  • Yard clash
    Locals claim compensation payments for loss of land have stopped as construction workers get tough on new Hanjin site in Philippines.
  • Kivalina refloated
    Fednav bulker freed off Norway after grounding with 35,000 tonnes of aluminium oxide on board last week.
  • Dof does it again
    Helge Mogster-led owner fixes another offshore vessel in Brazil after bagging $83m three-year deal.
  • Spill fears grow
    Environmental group reports bunker oil pollution from grounded bulkers.
  • Bouncing back
    Rescue packages breathe life into shipping shares with Norwegian and Danish owners on the march.
  • NAT so bad
    Nordic American boss Herbjorn Hansson says tanker owner is in "very good position" in current bumpy market.
  • Rescue talks flop
    Embattled Svithoid Tankers to file for reorganisation after emergency meeting fails to fix liquidity crunch.
  • GS gone
    Hours after submitting final offer for Daewoo in tandem with Posco, Korean conglomerate pulls out citing "differences."
  • Greek ship seized
    Recently-purchased chemical unit becomes fourth Greek victim of Somali piracy.
  • Hapag-Lloyd sold
    Hamburg-led consortium triumphs in battle for German liner operator after NOL pulls out.
  • Place your bets
    After Hapag-Lloyd deal sealed, focus now switches to Daewoo sell-off as three rival groups submit final bids.
  • Yours for $0.19
    Croatia agrees to sell yards for HRK 1 each, although buyers will have to cover debt and find investment cash.
  • 'We want it all'
    Peter Berdowski-led Boskalis renews interest in Smit saying its official takeover bid will begin by early December.
  • Japan holds 26
    Korea Express cargoship and International Shipping Partners cruiseship feature on September detention list.
  • Malta pay-out
    Government to pay damages of EUR 56,000 to worker left disabled by accident at Malta Shipbuilding.
  • Faina talks stall
    Pirates angry at choice of Somali intermediaries abandon talks on release of arms ship.
  • Boost for STX
    Korean yard's share price shoots up as it books two bulker newbuildings for $130m.
  • Give and take
    Carnival is cutting fuel surcharges in North America, but it is also jacking up prices from 2010.
  • Hot boxes
    Seattle firefighters douse smouldering containers on APL vessel after USCG alerted.
  • Family ties
    George Economou sells a third aframax tanker to OceanFreight, run by his nephew.
  • Dalnave detained
    Greek owner's bulker caught in US with oily-water separator bypass tops September list of detentions.

American Shipperweb site
OCTOBER 13, 2008
  • TUI sells Hapag-Lloyd to Hamburg investors, retains stake
  • Eimskip sells half-stake in Euro Container Lines
  • CMA CGM starts high-vessel capacity service at Tangier hub
  • Nordic American Tanker chief assures stockholders
  • Sanctioned carrier IRISL to start service to Venezuela
  • STX receives orders for two bulkers
  • TS Lines to start Middle East service
  • Evergreen opens new office in Shanghai
  • FMC seeks public comment on draft strategic plan for 2010-2015
  • Tung named COO of OOCL Group
  • Feds proposes air passenger, cargo security rules
  • Teamsters: Con-way responsible for CF pensions
  • DOT's freight index drops in August
  • U.S. exports, trade deficit decline
  • Korea beef market expands but issues remain
  • USDA expands Cattleman's Beef Board, role of importers
  • AAFA: Importers wary of Chinese textile monitoring program
  • Berlin cancels DB Mobility IPO
  • CSCMP elects new officers
  • Panalpina formally withdraws domestic services in Nigeria
  • IJS names new China country manager
  • Panama Canal secures $400 million loan
  • Zhuhai port receives first batch of cranes

The Scandinavian Shipping Gazetteweb site
OCTOBER 13, 2008
  • Svithoid Tankers applies for insolvent liquidation
    Stockholm-based Svithoid Tankers has not been able to secure the company's financing ' the Board of Directors in Svithoid Tankers AB has therefore decided to apply for insolvent liquidation. Until the final moments the company tried to file for a ...
  • Hapag-Lloyd remains in German hands
    The German container shipping operator Hapag-Lloyd will remain in German hands after Singapore-based NOL having backed from their offer and a German consortia have agreed to pay EUR 4.45 billion for the company. The consortia led by ...
  • IMO agrees on sulphur restrictions
    The Marine Environment Protection Committee (MEPC) in IMO has decided on a gradual reduction of the sulphur content in bunker fuel. The general limit of 4.5 per cent will be reduced to 3.5 per cent and in the ...

The Bunker Bulletinweb site
OCTOBER 13, 2008
  • Carnival to eliminate fuel surcharge
    Cruise group offers fuel supplement refunds and announces 2010 price increases.
  • Growing demand for in-line blending systems
    Jiskoot says there has been a 'quantum leap' in bunker blending technology.
  • 'Credit issues' impact market
    Singapore players say credit problems could depress sales still further.
  • Rotterdam market quiet
  • Asian bunkers start week soft
    Prices down in key Asian ports on Monday.
  • Singapore September sales fall from record levels
    Bunker sales down 9.4% from August, but year-on-year sales remain higher.
  • Spain suffers bunker spills
    Two cargo ships leaking bunker fuel after running aground in bad weather.
  • Maersk coping with operational costs
    No significant impact on operational costs as oil prices fall.
  • Indian supplier aims to double sales
    Inking of a recent strategic partnership with Chemoil would propel growth.

›››File
FROM THE HOME PAGE
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
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
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%
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%
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
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
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.
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
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
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
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
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
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
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
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
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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