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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
December 19, 2008
The Business Timesweb site
Shipping News
  • China prepares warships to fight Somalia piracy
    China is preparing to send warships to fight rampant piracy off the coast of Somalia, the government said yesterday, a day after one of its commercial vessels foiled an attack near the African state.
  • Baltic Index posts 8th straight rise
    The Baltic Dry Index, a measure of shipping costs for commodities, posted an eighth consecutive advance on Chinese demand for iron ore to make steel.

Sched Netweb site
  • TSA calls transpacific rates 'regrettable, unsustainable'
  • Yang Ming to raise capacity of East Med service
  • Fesco's 26pc first half profit hike proves helpful in hard times
  • Shanghai's Yangshan mega terminal phase 3 completed
  • First top of the line made-in-China panamax enters service
  • PSA abandons plans to develop box terminal in Hazira, India
  • IMO Maritime Safety Committee focuses on Somali piracy
  • Russian Railways suffers 20pc drop in November cargo
  • Newly revised IMDG Code is now available
  • CN makes yards in new eco-mitigation with another Chicago suburb
  • Qantas, BA end merger talks, deadlocked on 'key terms'
  • AP Moller-Maersk sells 50pc stake in Martinair to partner KLM
  • FedEx Express declares first Guangzhou hub flight test a success
  • Qantas takes delivery of its second A380

Exim Indiaweb site
  • Rizwan Soomar is Maersk Line's new MD for India and Sri Lanka
  • Buyers of old GE Shipping vessels expect scrap prices to go up
  • Indian shipyards unaffected by global meltdown
  • UN Council nod for fighting sea pirates
  • Cashew exports in Nov. post 31 pc rise in value
  • Jewellery exports up by 3 pc in April-Nov.
  • Dumping of steel products to be probed
  • SC orders status quo on award of Vizhinjam port project
  • Workshop lays stress on training for transporting hazardous goods
  • Poor response forces NHAI to raise highway project costs
  • Phase 1 of Golden Quadrilateral nearing completion
  • Ficci seeks more sops to revive demand
  • Excise duty collections fall by 15 pc in Nov.
  • Banking sector impacted less by global financial crisis-RBI
  • World Bank to lend another $ 3 bn
  • Asean members agree on $ 120-bn fund

International Transport Journalweb site
  • SBB appoints new head of infrastructure
  • New World Alliance's members will join Grand Alliance carriers
  • KLM: 100% owner of Martinair
  • Prospects for hauliers not so bad
  • TNT wants to explore strategic partnership with Royal Mail
  • China new customs requirements

Maritime Global Netweb site
DECEMBER 18, 2008
  • Chinese crew resists pirates
  • PNG towage and US security firms run piracy protection service
  • US extends AIS to more ships
  • MSC's 13,800 TEU boxship
  • Wave and tidal power generation set to take off

Marine Logweb site
  • New Tombigbee River barge yard
  • Carnival set for challenging 2009

World Wide Shipperweb site
DECEMBER 18, 2008
  • Port, City of Bellingham reach 'standstill' deal over lawsuit
  • Port Metro Vancouver moving to cruise ship shore power
  • Port of Portland adding online flight tracking system
  • TSA not pleased with short term rate increases
  • FMCSA sets new rules for startup trucking companies

Lloyd's Listweb site
DECEMBER 18, 2008
  • TSA warns Pacific price war could cripple lines
    COLLAPSING transpacific freight rates are wrecking the bottom lines of every containership operator serving that trade.
  • Transpacific box rates cut as US demand falls
  • Aponte predicts positive year ahead for MSC Cruises
    GIANLUIGI Aponte expects MSC's cruise operation to turn in a banner performance next year, despite the economic downturn.
  • German owners revive loss-of-hire help scheme
    MUTUAL support programme will provide financial compensation for those with temporarily unemployed tonnage.

Fairplayweb site
DECEMBER 18, 2008
  • Jealous heart shut river
    JEALOUSY was the root cause of the July collision that spawned a massive oil spill and closed the Mississippi River for days
  • Carnival: cruise failures possible
    CARNIVAL believes opportunities could arise in 2009 if competitors with weaker balance sheets lose their struggle with serious booking and finance challenges
  • Moscow sidesteps OPEC cut
    RUSSIA kept its observer's status at yesterday's OPEC summit but did not take the membership seat that was hinted at by the Kremlin last week
  • Obama picks LaHood for transport
    REPUBLICAN Congressman Ray LaHood is President-Elect Barack Obama's choice for transportation secretary ' a pick that has industry insiders wondering what it means for shipping
  • Peru gears up its ailing ports
    THE PERUVIAN government published an emergency decree today giving the go-ahead to a raft of concessions for the ports of Paita, San Martin in Pisco, Salaverry in Pucallpa, Iquitos and Yurimaguas

The Journal of Commerceweb site
DECEMBER 18, 2008
  • Maersk Line to leave Port of Charleston
    Carrier will transfer calls over next two years after ILA locals refused to allow terminal work to be transferred to non-union state workers
  • FMC's Brennan: Don't delay LA-LB truck program
  • CMA CGM ratings cut
  • LaHood to lead DOT
  • FedEx cuts costs as quarterly earnings weaken
  • Port of Tampa approves container terminal expansion
  • World Bank chief warns Asia on protectionism
  • Hub cuts profit outlook
  • New cranes for New Orleans
  • FMC request will delay ports' clean-trucks fee to 2009
  • Hoegh adds Bridgeport calls

Containerisation Internationalweb site
DECEMBER 18, 2008
  • Southampton maiden call for MOL Cosmos
  • Eimskip XL burden forces profits warning
  • TSA warns on 'unsustainable rates'
  • Costs mount for Gulf of Aden transits
  • Marseille Fos boxes down 15%

TradeWindsweb site
DECEMBER 18, 2008
  • Atlas goes bust
    Dry-bulk dive snares another victim as Bo Kristensen-led Danish operator Atlas Shipping files for bankruptcy.
  • China fights piracy
    Government spokesman says China plans to send naval vessels to the Gulf of Aden.
  • TSA targets rates
    Transpacific Stabilisation Agreement says its members will end freight rate slashes that it says are unsustainable.
  • Outlook fades
    Micky Arison-led Carnival Corp's fourth-quarter profits grow but advanced bookings for next year are falling.
  • Orders up in air
    Bo Kristensen, CEO of bankrupt Atlas Shipping, has "no idea" what will happen to newbuildings.
  • Bermuda bound
    Holland America Line more than doubles Bermuda cruises in 2010.
  • Crowley re-jigs
    Florida-based liner operator puts new containership on Bahamas line.
  • Call ends threat
    Refinancing that will boost West of England Club funds by $140m ends risk of rating downgrade.
  • HPH's Baltic play
    Hong Kong's Hutchison Port Holdings wins bid to develop and manage manage the container terminal at Nynashamn.
  • NCL nixes one
    Agreement with STX Europe kills one newbuilding at Saint Nazaire but preserves a 4,200-berth unit.
  • NYK swings axe
    Top Japanese shipping group to cut 15% off ambitious fleet expansion project.
  • Indians seek help
    Owners ask shipping ministry for soft loan assistance as foreign
  • No ruble trouble
    Sergey Frank-led Sovcomflot says it has "sufficient reserves of liquidity" for newbuilding plans.
  • Suez sum down
    Is Somali piracy to blame for a 10% month-to-month slide in revenues at Suez Canal?
  • Davie joy
    Canadian shipbuilder secures vital government guarantee package that safeguards its offshore vessel orderbook.
  • New prof pleased
    Norway's Ulstein shipyard group to fund work of Alesund professor Hans Petter Hildre to boost expertise.
  • Up for grabs
    Yang Ming could sell 40% of its new Kaohsiung container terminal after completion in 2013.
  • Precious purge
    Thai owner finds buyer for 1984-built bulker as it seeks to trim oldies from fleet.
  • Tema protests
    Workers gather at Ghanaian shipyard to demonstrate against their suspension in tax row.
  • Falling short
    Korea's Hyundai Heavy, Daewoo miss 2008 order targets, but analysts say they still have enough work over next three years.
  • China first
    STX's Dalian yard has completed the group's first ever Chinese newbuilding.
  • Ofer raises funds
    Sammy Ofer's drillship joint venture secures $1.2bn in funding for pair of Samsung newbuildings.
  • Equinox deal off
    Delays in conversion of ferry into accommodation vessel prompt cancellation of first charter.
  • French connection
    CMA-CGM and another French outfit said to be investing in Syrian port of Lattakia to double capacity.
  • Forsmo flies
    Frontline's vice president for ship operations resigns after less than a year in the job.

American Shipperweb site
DECEMBER 18, 2008
  • TSA: Rates can't stay this low
  • ACL, Grimaldi offer new service to Beirut
  • Economy takes wind out of FedEx growth
  • Lufthansa starts Australia air-sea service
  • Pilot names Lange VP of international sales
  • Obama picks Rep. LaHood for DOT
  • FMCSA issues chassis roadability regulations
  • Hub's earnings hit by declining volumes
  • Basham to remain CBP chief through spring
  • USDA commits $212 million to Food for Progress
  • U.S. to allow Zambian baby squash, courgette imports
  • DB Schenker acquires Romanian forwarder
  • Yang Ming secures Kaohsiung terminal funds

The Scandinavian Shipping Gazetteweb site
DECEMBER 18, 2008
  • Bulk carrier owners sue mining company for USD 135 million
    At least five bulk carrier owners have filed lawsuits against Australian Fortescue for a total of USD 135 million, after the mining company's announcement that it will cancel charter parties due to unforeseen circumstances. Many of the charters were fixed ...
  • NYK cuts ship spending
    The Japanese shipping giant NYK Line will reduce spending on new ships by about 15 per cent for the next three years. NYK had previously planned to invest USD 13.5'14.7 billion in expanding its fleet, this includes ...
  • Ports of Stockholm and HPH sign agreement
    The Ports of Stockholm and Hong Kong-based Hutchison Port Holdings (HPH) jointly signed a concession agreement yesterday that grants HPH the right to operate the container terminal in Stockholm Free Port from March 1, 2009. The 25-year agreement ...

The Bunker Bulletinweb site
DECEMBER 18, 2008
  • Change of Chairman coming at SEAaT
    Focus changed from sulphur emissions to green house gases during Carlson's time as Chairman.
  • Cruise company to save $278 million on fuel
    Carnival seeing falling costs as year-end results released.
  • New testing agency joins 'quality warning'
    Recently formed UK testing agency says there is more demand for 'improved deals' from shipowners.
  • 180 cst supply back in Romania
    Product has been unavailable since October.
  • Oman tests nation's oil spill response
    Large scale two-day exercise considered well conducted.
  • Asian bunkers down on soft crude
    Avails of products tight in most key ports.
  • Singapore residual fuel stocks at 10-week low
    Stocks of middle distillates also dropped in the week ended December 17.
  • Australian port tight on high demand
    Demand increasing due to the cruise season.
  • US says OPEC cut is 'short sighted'
    The White House says OPEC should ensure the oil market is well supplied.
  • Hong Kong expecting higher bunker sales in 2008
    The East Asian port could see higher volumes than the estimated 7 million mt bunkers sold in 2007

›››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%)
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
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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