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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
15:40 GMT+1
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BRIEFS
August 18, 2008
The Business Timesweb site
Shipping News
  • A help for ships to meet emission control standards
    As much as ship owners would like to delay the inevitable, it is becoming increasingly difficult to avoid compliance with stricter emissions control regulations. The new standards will come with much higher costs if they do not start to adopt new technology.
  • Baltic index rises further on Pacific demand
    The Baltic Dry Index, a measure of commodity shipping costs, rose 1.8 per cent in London for its third consecutive advance as BHP Billiton Ltd led an increase in vessel demand in the Pacific.
  • KepFels delivers jack-up rig to Maersk ahead of schedule
    Keppel Corp rig building unit Keppel Fels (KepFels) on Saturday delivered the second of four jack-up drilling rigs to Maersk Contractors three days ahead of schedule.

Sched Netweb site
  • Maersk revises AE1/AE8 Asia-Europe butterfly operation
  • Beihai Port Company seeks merger with two nearby ports
  • Cosco launches Tianjin-Yantai-Shanghai feeder container line
  • Hanjin Shipping to start Korea-Japan feeder service (KJS)
  • Seaspan takes delivery of second 2,500-TEU ship
  • UK forwarders fear WTO breakdown puts free trade at risk
  • GAC-Ultramar network adds Colombia, Ecuador to coverage
  • Korean Air hit hard by rising fuel, weak currency in Q2
  • Continental to extend China network from March 2009
  • AMI Australia offers spot rate desk for agents from August 18
  • AirAsia Indonesia new service to Singapore

Exim Indiaweb site
  • It's Scmooth sailing for CHAs with Formfree
  • FormFree provides scmooth sailing for CHAs
  • India, Brazil deploy maximum offshore oil rigs in July
  • Essar Shipping acquires 2 Supramax vessels
  • SCI to make big splash in offshore sector
  • Scmooth's FormFree-A GenNext product for CHA workflow automation
  • Corn exports poised to register 7-fold rise
  • Seafood exports net $ 1.89 bn in 2007-08
  • TPT plans to beef up handling capacity 4-fold
  • Sets single-day raw sugar loading record
  • Nath sets terms for trade talks resumption
  • Pvt. sector shrugs off negative reports to show world's most bubbling optimism
  • PM's panel sees need for further fuel price hike
  • Fieo to hold interactive meeting with G. K. Pillai on Aug. 22

International Transport Journalweb site
AUGUST 15, 2008
  • Canavese confirmed president of AP Savona Vado
  • AMX Cargo launched
  • Pacer reports higher earnings and revenue

Maritime Global Netweb site
AUGUST 15, 2008
  • ITF challenges war risks decision
  • Eitzen Chemical's profit up
  • OW's strong first half
  • Golar LNG in Thai project

Marine Logweb site
AUGUST 17, 2008
  • S.S, Badger back in service

World Wide Shipperweb site
AUGUST 15, 2008
  • Port of Everett asks community for input on communications
  • July positive month for US rail freight carloads
  • NYK opens office in St. Petersburg, Russia
  • Freight transport index posts gains during June
  • New rules around corner for softwood lumber importers

Lloyd's Listweb site
  • Doosan Group bows out of race for DSME stake
    THE South Korean group also won't go ahead with bid for Hyundai Engineering and Construction.
  • DSME creditors target October to pick preferred bidder
  • Thoresen Thai Agencies posts profit surge
    THAI company's third-quarter earnings improve thanks to higher charter hire income.
  • Dry bulk slowdown is a seasonal dip, says ICAP
    RECENT drop in BDI took place over a shorter period than other previous large falls.

Fairplayweb site
AUGUST 15, 2008
  • Tighter US cruise rules appear dead
    Pride of AmericaA US CUSTOMS & Border Protection plan to tighten US cruise cabotage rules appears to be dead
  • Brazil decides to stand pat on ports
    BRAZIL has rejected lobbying by major shipping companies and decided to keep its 1993 port law unchanged when it comes to expanding terminals into greenfield sites
  • US oil demand fall seen persisting
    DECLINES in US oil demand are expected to persist through 2009, according to the Energy Information Administration
  • Sunbathers spared ship's company
    MIAMI'S port is reopened after a box ship was refloated and towed away from shallows near a resort area, the US Coast Guard said today
  • Costs hurting Japanese yards
    FIRST-quarter results from Japan's leading shipbuilders suggest that as feared, rapidly escalating material and energy costs are eroding the sector's profitability
  • Pakistan addresses wheat shortfall
    PAKISTAN has bought more than half a million tonnes of wheat to meet domestic shortages exceeding 2M tonnes

The Journal of Commerceweb site
AUGUST 15, 2008
  • Maersk upgrades Asia-Europe service
    World's largest container carrier plans to upgrade its AE10 service linking Asia and Europe, effective later this month.
  • 2nd TWIC center for Houston
  • Coast Guard offers draft on proposed modernization
  • LA-Long Beach ports expand clean-water strategy
  • Stretch of Mississippi River closed to barge traffic
  • American Airlines seeks OK for trans-Atlantic tie-up
  • Bulker hijacked off Somalia
  • Fraport cargo up
  • U.S. levies dumping fine
  • Hanjin redesigning Jaxport terminal to fit new space
  • Hapag-Lloyd net improves

Containerisation Internationalweb site
AUGUST 15, 2008
  • Is box tonnage over-capacity temporary?
    This week a letter to our sister newspaper, Lloyds List, posed the question whether Maersk's 'size surprise' tonnage strategy, spurring a tonnage upgrade rush by its competitors anxious not to be left in its wake, had been the 'trigger' for the current tonnage over-capacity in box ship markets.
  • Kochi port returning to normal
  • Seaspan adds another box ship to its portfolio
  • CN requests revised regulatory procedure for Chicago railway purchase
  • Long Beach depressed
  • TRG dedicate new berth to barges

TradeWindsweb site
AUGUST 15, 2008
  • Fortress sells
    Boxship owned by US investment group Fortress has reportedly gone to Greek buyers for $41m.
  • Sun for sale
    Libera's panamax bulker Nord Sun reportedly on the sales block, as is a supramax ex-Duckling.
  • High expectations
    John Fredriksen's pockets tipped to be bulging after Frontline's second quarter report.
  • K-Sea bags $50m
    Tank-barge player says it will use $38.6m of the proceeds from a stock offering to pay down debt.
  • MPP sent off
    Jordanian-controlled multipurpose ship is sold $13.7m, while a smaller general cargoship also finds a new home.
  • Stena 'undecided'
    Swedish owner reacts to TradeWinds article on Genmar-Arlington merger by saying approval is pending.
  • It's quotes time
    BW Gas calls off the transfer of the summer while Clarkson and Braemar bang on about boxes.
  • Tsantanis quits
    Top Ships CFO Stamatis Tsantanis resigns "in order to pursue other projects".
  • To the rescue
    Marad-owned civilian reserve fleet is set to support emergency response, defence sealift and humanitarian aid.
  • Going to market
    K-Sea Transportation Partners readies 2 million share offering to fund tank-barge newbuildings and pay down debt.
  • Boing boing gone
    The alarm is being sounded over, well, alarm bells disappearing from buoys off the coast of Maine in brazen heists.
  • Chao in VL charge
    Wah Kwong Maritime to be Hong Kong's largest independent VLCC operator after $280m Dalian swoop.
  • Four on the block
    John Fredriksen and Indian yard to call time on chemical tanker quartet.
  • Havila hampered
    Per Saevik-controlled offshore owner sees second quarter profit sliced by escalating costs.
  • Task-master
    Arne Hygen Tornkvist gets CEO's seat at AFP after impressing in task-force role.
  • B+H 'put' in red
    Big unrealised loss on 'put option' contracts sees US-listed B+H Ocean Carriers slump to quarterly loss.
  • Swap lifts AFP
    FPSO owner sees bottom line pick up ahead of first oil in the third quarter.
  • Thoresen soars
    Thai bulker and offshore player benefits from high fleet utilisation and strong rates.
  • Half way there
    STX's holding in Aker Yards goes beyond 50% as offer nears climax.
  • Forex hits JES
    A weaker US dollar takes its toll on second quarter net profits at Chinese shipbuilder.
  • Strong growth
    Despite the threats of economic slowdown volumes through Singapore ports still robust.

American Shipperweb site
AUGUST 15, 2008
  • Hapag-Lloyd achieves steep earnings rise in 2nd quarter
  • CMA CGM ship leasing unit ready for IPO
  • U.S.-flag vessels cautioned on entering Georgian ports
  • OW Bunker profit up 65%
  • Seaspan adds 2,500-TEU vessel to fleet
  • Hanjin to start Japan/Korea dedicated feeder Aug. 24
  • GAC-Ultramar extends reach in South America
  • American adds six more 737s to 2010 deliveries
  • American Airlines penalized $7.1 million for safety issues
  • Cargolux picks CAS for JFK warehouse handling contract
  • United drops Kansas City, Cancun cargo service
  • AMI Australia to launch spot rate desk for air and sea freight
  • Liljegren named YRC stop-gap CFO as Bruffett joins Con-way
  • U.S. eyes Japan for signing trusted trader programs
  • Trade law firm advises on impacts of export control bill
  • Danish shipper pays $119,250 fine for U.S. export violations
  • Exel will move Mopar parts for Chrysler
  • DuPont provided packaging material for India Post express service
  • Globe Express Services opens West Coast office
  • U.S. closes trade gap
  • DVB Bank says transport finance outlook favorable
  • Sunland Distribution aims at expansion
  • SoCal ports' truck plan enrollment lagging
  • Nansha, Ningbo growth drives COSCO Pacific July throughput up 20.8%
  • Kinder Morgan subsidiary sentenced over federal dumping charge
  • Oakland port commissions economic study of local drayage trucking
  • APM Terminal in New York receiving new cranes
  • HHLA profit surges 43% in first half
  • Pa. fast-tracking Philadelphia port expansion
  • 2 Jacksonville port cranes topple
  • Port of Dunkirk's box volume up 9%

The Scandinavian Shipping Gazetteweb site
AUGUST 15, 2008
  • DFDS adjusts downwards
    DFDS A/S adjusts its expected result for 2008, just a few days before the half-year report will be issued. Instead of an overall earning of DKK 500 million for 2008 it is now expected to be DKK 325-375 ...
  • Danish naval vessel to Somalia
    The Danish naval flagship Absalon will leave Frederikshavn on Sunday with a crew of 99 persons to take the command in the Task Force 150 off the coast of Somalia. As from September 15 Denmark will hold the command of ...

The Bunker Bulletinweb site
AUGUST 15, 2008
  • Crude tests new low
    Early market drop seeing softening bunker markets in the US.
  • High transportation costs denting globalisation
    Global supply chains making less sense as pressures grow to cut costs and emission.
  • Price U-turn to end the week
    Singapore traders reporting brisk bunker demand.
  • Rotterdam market decreased in line with crude
  • New recruit at UFS
    Fuel buying unit for three German shipping groups aiming to grow.
  • Hin Leong unit orders six VLCC newbuilds
    Supertankers pegged at a cost of $140 million each.
  • Bunker costs eat into shipping firm's profit
    Bunker costs up 60% in the second quarter.
  • Titan continues dumping VLCCs
    Two VLCCs sold within a week.
  • 'Green' efforts make commercial sense
    Torvald Klaveness group hails environmental initiatives.

›››File
FROM THE HOME PAGE
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
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
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
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%)
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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