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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
15:00 GMT+1
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BRIEFS
March 18, 2008
The Business Timesweb site
Shipping News
  • Coastal expects new OSV orders of RM400m in 2008
    Coastal Contracts Bhd expects to secure a further RM400 million (S$173 million) worth of new offshore support vessel (OSV) orders this year, The StarBiz reported, quoting executive chairman Ng Chin Heng.
  • FedEx gives disabled an opportunity to sail
    FedEx Express is helping to bring sailing to the disabled by entering into a two-year sponsorship agreement with Sailability Singapore, an organisation under the auspices of the Singapore Disability Sports Council (SDSC) which seeks to make sailing accessible to disabled Singaporeans.
  • K-Line signs US$2b deal to carry coal
    Kawasaki Kisen Kaisha, Japan's third-largest shipping line, signed a contract worth US$2 billion over 10 years to carry coal for JSW Steel Ltd and JSW Energy Ltd, securing cargo rates amid a drop in the market.
  • Wreckage of HMAS Sydney found off Perth: Rudd
  • DHL Express S'pore gets new general manager
  • Clarkson's earnings rise 23% to £18m

Sched Netweb site
  • CMA CGM profit up 58pc to $966 million on 40pc revenue increase in 2007
  • TUI's Hapag Lloyd said to be seeking Hamburg Sud tie-up
  • Asia Europe container rates highest since survey began in '93
  • Evergreen upgrades Far East/Adriatic service with bigger ships
  • Yangtze at Chongqing to accommodate 1,000 tonners by 2010
  • Too many deaths from life boat accidents, say insurers
  • Malaysia's North Butterworth Container Terminal's Phase 3 expansion meets deadlines
  • Post TNT, EGLmerger, CEVA pre-tax profit soars 56pc in 2007
  • Global Air Cargo report forecasts short-term overcapacity
  • Xiamen Airlines to launch Nanchang-Macau service via Xiamen
  • Philippine Airlines to launch Macau service

Exim Indiaweb site
  • MOL to offer 3 new Asia-MidEast services from April
  • Evergreen Line launches new Mediterranean feeder service-TFS
  • K Line & MOL split Asia-Latin America service into 2 loops
  • Tianjin port to be expanded to 100 sq km by 2010!
  • Tanjung Pelepas dropped from Emma Maersk run
  • Congestion prompts Maersk Line & MSC to avoid Dar-es Salaam calls
  • Shanghai port may beat Singapore to No. 1 slot in 2008
  • NYK provides free shipping for wave-powered vessel
  • AWATA to raise rates from April 15
  • OOCL Texas christened
  • Shipping rates for commodities may go up
  • DGS move to safeguard women in maritime industry
  • The greening of OOCL's website
  • Barloworld Logistics announces Swift global acquisitions
  • Queen cruising in to Chennai, Mumbai Ports
  • Just 2 years young, GTI packs a punch
  • Chennai Port races past 2006-07 throughput
  • Rewas & Alewadi ports to benefit from industrial corridor
  • Railways aims to raise Rs 1,500 cr. from IPOs of 3 subsidiaries
  • Instant coffee exporters concoct heady brew abroad
  • Forex reserves rise to $ 3,03,460 million
  • KASEZ breaking new ground
  • 101 SEZs get formal clearance
  • Paswan holds up steel regulator, free imports spectre unless prices are lowered
  • Seafood exporters send S.O.S. to PM
  • Target Plus scheme drained Rs 4K cr., estimates CAG
  • Price fever rules out interest rate cut-Assocham
  • Separate farm Budget ruled out

International Transport Journalweb site
MARCH 17, 2008
  • Arkas expands its activities in Italy
  • Scandlines sets another record in 2007
  • Air France-KLM to scoop up Alitalia
  • Hupac/Russkaya Troyka: New shuttle train between Poland and Russia
  • Panalpina still growing in 2007

Maritime Global Netweb site
MARCH 17, 2008
  • Hamburg Süd, Maersk Line in Oceania ' N America link-up
  • "K" Line in major bulker charter deal
  • Evergreen's new Vietnam shuttle
  • Dry cargo drives up Clarkson's profits
  • EU law chief backs liability limitation principle

Marine Logweb site
MARCH 17, 2008
  • LCS 1 passes another milestone
  • Algoma Central buys three from Viken
  • Seismic ship to have K-Log electronic logbook

World Wide Shipperweb site
MARCH 17, 2008
  • Top trader awards announced by Washington World Trade Club
  • Horizon Lines taps Healey as Guam general manager
  • TSA adding canine units as air cargo facility inspectors
  • Trucking association predicts record highs for diesel fuel in '08
  • Marcon acts as broker in sale of cruise ship

Lloyd's Listweb site
MARCH 17, 2008
  • CMA CGM does not rule out further mega-partnerships
    Alain Wils says that more mega-partnerships between container shipping's "big three" cannot be excluded.
  • CMA CGM sets the pace with 58% income rise
  • Clarkson stands strong against fresh claim
    LONDON-based broker is the target of another claim from Russia's Sovcomflot.
  • Hapag-Lloyd splits from parent Tui
    CONTAINER shipping arm is to be separated from parent group, creating great interest from potential investors.
  • Black Tide on the beaches of Brittany
    THIRTY years ago yesterday - 16 March 1978, to be precise - the accident everyone had been dreading occurred on the coast of Brittany.
  • Togetherness ticks all boxes
    CO-OPERATION between classification societies makes a great deal of sense, always supposing it is undertaken in a way that does not alert the dawn raiders of Brussels competition regulators.

Fairplayweb site
MARCH 17, 2008
  • K Line signs $2Bn bulk deal
    Japanese operator "K" Line has secured a ten-ship long-term consecutive voyage charter (CVC) deal worth about $2Bn over ten years with subsidiaries of the Mumbai-based O. P. Jindal Group
  • Catalonia ships in drinking water
    DROUGHT-hit Catalonia has chartered seven cistern tankers to ship drinking water into Barcelona
  • Taiwan vote could boost China trade
    THE forthcoming election in Taiwan could result in a radical new trading relationship with China, according to a report in the Macau Daily Times
  • China approves coal exports
    CHINA is allowing coal exports to continue despite its struggle to meet huge domestic demand for the commodity, says a Bloomberg report
  • Antonini defends newbuild costs
  • Second hit during NY dredging
  • Parties agree $3.655M spill bill
  • Tighter US rules for marine engines
  • Hamburg Süd names its largest ship
  • Varun focuses on offshore
  • ILWU contract talks start today
  • Hajara laments SCI container share
  • Demand for bigger bulkers forecast
  • K Line inks 10-year coal charters

The Journal of Commerceweb site
MARCH 17, 2008
  • LA port finalizes clean-trucks proposal
    Final proposal retains provision limiting port access to drayage companies with direct employee drivers.
  • Negotiations begin on West Coast longshore contract
  • Maersk sells trans-Atlantic slots to CMA CGM
  • LA air plan helps pay for LNG trucks
  • Spin-off for Hapag-Lloyd
  • Hamburg Sud christens largest container ship
  • Freighter, dredge collide in New York harbor
  • Hamburg Sud, Maersk cooperate in Oceania-N.A. trade
  • Matson promotes Angoco to head Pacific operations
  • Evergreen adds Vietnam shuttle
  • Savannah upgrades box berth

Containerisation Internationalweb site
MARCH 17, 2008
  • Danaos Shipping posts strong profits
  • Kalmar secures all in deal at Oslo
  • Hapag-Lloyd to be spun-off
  • Evergreen starts Taiwan/Vietnam shuttle

TradeWindsweb site
MARCH 17, 2008
  • No Coast Guard split
    Two US maritime officials say splitting the US Coast Guard's maritime safety and homeland security functions is not in the cards.
  • Algoma buys Viken trio
    Canadian laker operator splashes out $38m for elderly handysize bulkers.
  • Legal claim drags Clarkson down
    Shares in London-listed shipbroker sink to 15-year low after news of $71m Sovcomflot claim.
  • Eternally optimistic
    Despite volatility in the market, outgoing Connecticut Maritime Association President Peter Drakos says he's upbeat about the shipping market.
  • TUI capitulates
    Hapag-Lloyd in play as owning group gives in to shareholder pressure to put fifth biggest container line on new course.
  • Preparing for CMA
    The tables are set for the Connecticut Maritime Association's Shipping 2008, and TradeWinds Web TV is gearing up to take you there.
  • Sovcomflot in new Clarkson claim
    Russian shipowner serves fresh $71m case against the London-based shipbroker amid accusations of vessels being under valued.
  • DFDS takes Norbulk twins
    Pair of 2000-built ro-ros to be used on Danish owner's North Sea routes to replace older tonnage.
  • Maersk in ratings deal
    Danish company continues to backtrack on redundancies with latest improved offer.
  • Nakilat storms ahead
    Qatari LNG ship owner records a three-times hike in annual profit but earnings-per-share not as inflated.
  • Hemas eyes shipping
    Fresh from first ship agency deal, Sri Lankan group wants more marine action.
  • Fair wind for Vroon
    Dutch shipping group secures long term Centrica charter for wind turbine installation vessel.
  • Bulker holed in NY harbour
    Eagle Bulk-operated supramax sustains large gash above waterline in collision with dredger off Staten Island.
  • Forth falters
    UK ports operator posts lower 2007 profit after halting land sales, but terminals performing strongly.
  • Eimskip stretched in Q1
    Icelandic boxship and reefer owner's logistics buys push it to bigger initial loss in 2008.
  • EPA pens new gas cap
    US inks new ship emissions rules which it claims will bring savings of $12bn per year.
  • Azizan joins MISC
    AET tankers boss heading east to replace the retiring Shamsul Azhar bin Abbas.
  • Arkas in bulker move
    Fast growing Turkish containership group to invest in dry cargo tonnage.
  • Brostrom banks sale profit
    Swedish owner sells 37,000-dwt products carrier to partner Furetank for tidy gain.
  • CMA CGM shows pristine profit
    French boxship giant makes a fortune in 2007 as 98 ships are added to fleet and acquisitions chip in.
  • Kuehne on TUI tail?
    Majority shareholder of Kuehne + Nagel said to be part of bank-led group which could bid for Hapag-Lloyd.
  • Clarkson cashes in
    Booming bulker prices boost sale and purchase division while dry-cargo charter revenues reach record levels at London-listed shipbroker.
  • Indonesia wants variety
    State worried that domestic owner Arpeni has coal monopoly and orders power company PLN to look elsewhere.
  • Evergreen eyes Haiphong
    Taiwanese boxship owner to link "fast-growing" Vietnam to Kaohsiung hub.
  • Samsung confirms drillships
    DryShips looks to have declared options for two more units worth a combined $1.3bn at Korean shipyard.
  • Subic warned on safety
    Philippines threatens "to go after" sub-contractors who put lives at risk at huge Hanjin shipyard.
  • K Line inks monster CVC deal
    Shipowner to supply ten ships for India's JSW Group in deal set to create annual revenues of $200m.
  • Asians triumph in Mexico
    Consortium of Korean and Japanese companies to build and operate LNG receiving plant.

American Shipperweb site
MARCH 17, 2008
  • Bank says it represents potential Hapag Lloyd investors
  • Hamburg S'd, Maersk to cooperate in U.S./Australasia trade
  • Evergreen starting Taiwan/Vietnam shuttle
  • Hamburg Süd names its biggest boxship
  • Swanson to coordinate West Coast Industrial Express service
  • ABX Air shuffles management
  • Cargolux increasing fuel surcharge
  • Senate declines to abstain from earmarks
  • EPA sets new train and marine diesel standards
  • Produce companies prepare for origin labeling
  • Lytle approved as Long Beach port No. 2

The Scandinavian Shipping Gazetteweb site
MARCH 17, 2008
  • Torm's best result ever
    D/S Torm reached an all year result close to the forecast of USD 810-820 million. The result was USD 792 million after tax and after some USD 15 million to implement the OMI fleet in Torm. The revenue was ...
  • Baltic Pilot starts deep sea pilotage on the Baltic Sea
    The privately owned Finnish company Baltic Pilot Ltd Oy is going to start deep sea pilotage on international water in the Baltic Sea. The primary target groups are dry cargo vessels and tankers. In this sector especially the oil transports ...
  • Mols-Linien reached profit record
    Mols-Linien A/S had a record high profit of DKK 63 million in 2007, up by DKK 10 million compared to 2006. The result came in a year when several factors affected the company negatively. Fuel costs went through ...

The Bunker Bulletinweb site
MARCH 17, 2008
  • Ship main engines excluded from new EPA emissions rules
    Standards released, but only for sub-30 litre displacement.
  • Oil drops on US recession fears
    Prices may be at turning point as weak US economy outweighs new dollar low against euro.
  • IMO turns fifty
    No less than 50 international conventions and protocols have been passed since the UN agency was established.
  • Bunker market report from Praxis
  • Stena Oil boosts trading team
  • New employee at O.W. Bunker Korea
  • New bunkering JV enters Singapore
    US-based firm and Indian oil refiner form partnership to start bunker business in Singapore.
  • China Merchants in cold ironing drive
    Alternative power for berthed ships to be encouraged at ports managed by China's largest port operator.
  • Japan bunker sales improve on year
    Sales up even as supplies remain tight.
  • Ship spills bunker fuel in Ulsan
    Small bunker spill said to be under control.

›››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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