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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
March 21, 2008
The Business Timesweb site
Shipping News
  • Panama ports see 20% jump in box volume
    Panama's ports expect shipping container volumes to grow by a fifth this year despite a slowing US economy as Chinese trade surges, the head of the country's top maritime body said on Wednesday.
  • Maersk to scrap NASA service due to weak demand
    AP Moeller-Maersk A/S, owner of the world's largest container shipping line, will end a service linking ports on the eastern coasts of North and South America amid weakening demand on US routes.
  • Berlian must cut debt in 4 months to avoid default risk
    PT Berlian Laju Tanker, Indonesia's biggest shipping company by value, must cut debt in four months to comply with bond covenants and avoid the risk of a default.
  • Lianyungang aims to boost '08 profits
  • Freight rates set to fall after '09: Galbraith's
  • STX Shipbuilding wins US$353m worth of orders

Sched Netweb site
  • China Merchants to take 5.4pc stake in Ningbo port
  • Speculation rife over who will buy Hapag-Lloyd
  • Tianjin Lingang Industrial Area throughput to double this year
  • Shandong's Port of Longkou to add 10 million tonnes capacity
  • ESC urges greater understanding between shippers and rail operators
  • Barloworld Logistics takes over Swift Group
  • Lufthansa Cargo earns fiscal 2007 operating profit of US$211 million
  • Czech Airlines Cargo deploys OAG Cargo's IT announcement service

International Transport Journalweb site
MARCH 20, 2008
  • Management changes at SBB and SBB Cargo
  • What will happen to Hapag-Lloyd?
  • Lufthansa Cargo receives seal of approval for security performance
  • Advance International: rail services in Russia
  • Imperial Logistics scoops up FoodTankers AB

Maritime Global Netweb site
MARCH 20, 2008
  • Three more lines for ELAA
  • Frontline set to increase OSG stake
  • Panama pilots row
  • Methanol auxiliary power trials

Marine Logweb site
MARCH 20, 2008
  • Electric Boat gets $357 million submarine contract
  • Hercules Offshore wins contracts for two jackups
  • U.S. inland barge fleet grows
  • Gulf offshore lease sales bring $3.7 billion in high bids
  • Carnival reports first quarter results

World Wide Shipperweb site
MARCH 20, 2008
  • New medical guide available for seafarers
  • Bidders submit proposals for Panama Canal dredging
  • Free Port of Seattle seminar set for Fishermen's Terminal
  • PMSA joining California ports in vessel pollution incentive program
  • Top Ships board Oks 1:3 reverse stock split

Lloyd's Listweb site
MARCH 20, 2008
  • Fredriksen takes stake in OSG
    JOHN Fredriksen and his quoted tanker company Frontline have taken a stake of up to 10% in US rival.
  • Fredriksen launches bid to join Tui board
  • Battistello denies mafia allegation
    CONTSHIP Italia chairman Cecilia Battistello refutes claims that Gioia Tauro is infiltrated by the mafia.
  • ELAA gains three new members
    PACIFIC International Lines, Wan Hai Lines and Independent Container Line enrol as full members.
  • Offshore vessels sail into prime position
    OWNERS of offshore vessels will be key benefactors from the rising investments by the world's largest oil and gas companies.
  • Oil majors set their sights on LNG
    OIL giants build more LNG plants as opportunities for conventional oil developments dwindle and gas prices climb.

Fairplayweb site
MARCH 20, 2008
  • Playing chicken with tanker markets
    There has been no change in market fundamentals to explain this week's surge in tanker rates
  • Fredriksen buys OSG stake
    FRONTLINE boss John Frederiksen has purchased a 5.2% stake in Overseas Shipholding Group (OSG)
  • Panama pilots sue over ISPS, Solas
    PANAMA'S pilotage company Panama Pilots Services Corp is suing its rival Caribbean Pilots Inc and various institutions over licences granted to a rival
  • Australia ratifies spill convention
    AUSTRALIA'S government will ratify the Bunker Oil Convention and the IOPC Supplementary Fund Protocol in a bid to increase compensation for oil spills in its waters
  • Gujurat demolitions begin
    NEW DELHI 20 March ' Gujarat Maritime Board (GMB) has given breaking permissions to almost every junk ship that is beached at Alang-Sosiya, and demolition is in full swing
  • Falling spending curbs Carnival
    CARNIVAL Corporation's profits are being pressured by both 'extraordinary' fuel costs and falling onboard spending
  • Canadian border embarrassment
  • Indians on warpath over sinking
  • Kencana forecasts bigger growth
  • Imabari merges yards
  • On-board broadband goes global
  • Titan China terminal gains approval
  • Rickmers Trust finalises box deal

The Journal of Commerceweb site
MARCH 20, 2008
  • Port of Los Angeles approves trucks plan with employee-driver provision
    Legal challenges await clean-trucks plan that limits harbor trucking concessions to licensed motor carriers with employee drivers.
  • Port of New York-New Jersey purchases Terminal X' site
  • FedEx profits fall
  • NY-NJ box volume up
  • MSC hikes U.S. fuel fee
  • Portland traffic declines
  • Leaders hint at Doha deal
  • Rickmers buys 13 box ships
  • Rhode Island Port of Davisville adds exports
  • Panama Canal reviewing dredging bids
  • South Korea lifts tariffs

Containerisation Internationalweb site
MARCH 20, 2008
  • Marport hits record
  • Zeeland politics ease in favour of VCT
  • Maersk starts implementation of floating BAF
  • Cash rich DFDS to bid for Norfolk Line?
  • Hamburg Sud names its biggest box ship

TradeWindsweb site
MARCH 20, 2008
  • Hunting for buys
    In a rare private interview, Fredriksen talks about tanker consolidation, the offshore boom, his aims for TUI and what makes him go on.
  • Panamax on the block
    Brokers are circulating a Japanese-controlled bulker as up for sale.
  • EPA goes after US scrapbroker
    US environmental agency files a complaint against scrap brokers involved in the deal to take the torch to the embattled cruiseship.
  • Wilson Sons net surges
    Brazilian offshore vessel owner and terminal operator posts a 39.4% rise in fourth-quarter profits.
  • Double Fortune sold
    Undisclosed South Korean buyers take an 11-year-old panamax bulker for $67m.
  • Fredriksen confirms OSG buy
    Frontline boss on course to be second largest shareholder in Morten Arntzen-led rival after snapping up an initial 5.2% stake.
  • Carnival defends fees
    Although Royal Caribbean is offering refunds to some guests, Carnival says its fuel supplement is different.
  • Fuel hike bites Carnival
    Rising bunker costs drag down first quarter earnings at Micky Arison-led cruise company despite an increase in revenue.
  • American hires CFO
    Barge operator and shipyard company American Commercial Lines hires Thomas Pilholski for the role of finance chief.
  • STX bags $353m quartet
    European owners slate two VLOCs and a brace of chemical tankers at the Seoul-listed yard.
  • More sales action for Pac Basin
    Richard Hext-led handysize bulker owner offloads another unit and takes it back on charter for four years.
  • PFL not for sale
    South Pacific operator's shareholders vote against sale to Swire or PIL.
  • Aon picks P&I winners
    Top broking group says the clubs achieved a $374m premium hike that left shipowners in Munch mode.
  • Rhymes with dinner
    TradeWinds finds its winner. Web TV hunts down contestants in the shipping limerick competition and presents the award for best bard.
  • Top terminates Faultless ties
    Evangelos Pistiolis ends the bareboat charter of a susemax tanker following the sale of the vessel to a third party.
  • Vinashin signs for seven
    Two of Vietnamese group's yards to build series of 20,000-dwt cargoships for domestic owners.
  • Fredriksen stalks OSG
    Tanker consolidation is on again as John Fredriksen makes his move on Overseas Shipholding Group (OSG).
  • Teekay LNG buys from parent
    Spun-off gas carrier owner snaps up two 1993-built units and charters them back to Teekay Corp.
  • Jutha to branch out
    Thai multipurpose owner eyes ship management deals for 2008.
  • Credit crunch crunches
    Managing director at New Jersey brokerage says banks are less willing to leverage vessel assets.
  • Wujiazui builds $6bn orderbook
    Nanjing's relative newcomer has long list of bulkers and containerships due for delivery up to 2012.
  • Fearless Fulford
    Clarkson's chief executive snaps up company stock, despite concerns over Sovcomflot legal threat.
  • Maersk and Hamburg team up
    Liner firms to start a new service between the US east coast and New Zealand and Australia.
  • OSG in it for the long haul
    US-listed tanker owner's boss says judging OSG spin-off by its trading price doesn't make sense.

American Shipperweb site
MARCH 20, 2008
  • Maersk pulling out of U.S./East Coast South America trade
  • ELAA now has all top 20 ocean carriers
  • China Shipping suspending Asia/Med loop as Chinese exports dip
  • Shipping industry facing more regional regulation
  • MSC to increase U.S. inbound BAFs from some European countries
  • Lonrho increases holding in SAILS
  • FedEx profits erode 6% in 3rd quarter
  • Lufthansa Cargo's operating profit up 66%
  • Great Wall Airlines adds Tianjin to network
  • NWA Cargo hikes fuel surcharge
  • British Airways World Cargo increasing fuel surcharge
  • CN outlines spending plans in 2008
  • Forward Air completes acquisition
  • Vietnam's furniture industry accused of using illegal timber
  • DHL lands record automotive logistics contract with Jaguar, Land Rover
  • BIS starts online export compliance training
  • Developer plans project near New York airport
  • U.S. Army's top logistics officer earns third star
  • Rohrmann to join Panalpina board
  • SEKO expands in New York, Virginia
  • Ocean carriers and SoCal ports announce low-sulfur fuel subsidy program
  • Iranian ports fail security standard

The Scandinavian Shipping Gazetteweb site
MARCH 20, 2008
  • Broström takes delivery of product tanker
    Broström has taken delivery of the product tanker Bro Agnes, 17,000 DWT. The vessel is the second of three Broström vessels in a series of six being built in Tuzla, Turkey, in partnership with D'nya Shipping of Istanbul. The Bro ...
  • Riverdance declared a constructive total loss
    Seatruck Ferries' ro-ro cargo vessel Riverdance, 6,040 GT and built 1977, has been declared a constructive total loss. The parties UK Maritime Coastguard Agency, the UK secretary of state salvage representative, insurers and the salvage company Smit International took ...
  • Kopernik replaces Mikolaj Kopernik
    Euroafrica Shipping Lines Ltd. has decided to replace the oldest ferry on the Swinoujscie to Ystad run, the Mikolaj Kopernik, at the end of March. The old vessel will be replaced by the Kopernik which currently is berthed in Szszecin ...

The Bunker Bulletinweb site
MARCH 20, 2008
  • Carnival fuel prediction over $500
    Financial results under pressure as bunker costs keep rising.
  • Crude, bunkers slump further
    $20 knocked off Rotterdam fuel oil values in two days as crude sentiment turns.
  • Bunker market report from Praxis
  • Ukraine seeks 1.4 billion spill compensation
    Wants Russia to pay damages following Kerch Strait fuel oil pollution.
  • Catfines spike observed in ARA region
    Viswa Lab reports sudden increase in average values since February with four off-spec cases in March.
  • Port fuel incentives won't replace new rules
    Subsidy scheme of limited duration and California plans main engine fuel restrictions.
  • Rotterdam quiet, prompt supply tight
  • Oil removal starts on sunken tanker
    Tanker carrying 1,700 tonnes of fuel oil sank off Vietnam's central coast earlier this month.
  • IMO and EU communications continue
    EU supportive of international ship emission regulations, but ready to act alone.
  • EMSA looking for more oil spill recovery vessels
    Applications wanted by the end of April as agency seeks to strengthen cover in the Black and North Seas.
  • Industry supports ports' fuel plan
    PMSA coming in behind proposal to subsidise distillate fuel.
  • Rollercoaster week for crude
    Prices down again Wednesday after DOE report shows dip in US demand.
  • Poll: Emissions trading a 'useful option'
    Industry supporting pollution reducing initiative despite IMO snub.
  • Bunker market report from Praxis
  • New Kingston oil spill 'not bunkers'
    Local authority says frequency of spills points to need for review of procedures.
  • KazMunayGas acquires Batumi port and oil terminal
    KazMunayGaz now owns all oil facilities along with container and dry/general bulk cargo berths.
  • Rotterdam market still firm
  • PetroChina buys cargo for blending
    A961 grade bought to counterbalance influx of high-viscosity and high density Western cargoes.

›››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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