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03 December 2024 - Year XXVIII
Independent journal on economy and transport policy
18:34 GMT+1
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BRIEFS
November 21, 2008
The Business Timesweb site
Shipping News
  • Saudi tanker owners in talks with pirates
    The Saudi owners of the Sirius Star are in negotiations with Somali pirates who have demanded a ransom for the super-tanker laden with US$100 million of oil they hijacked at the weekend.
  • Hin Leong takes delivery of its VLCC
    Local oil player Hin Leong Trading has received the first of a dozen very large crude carriers (VLCCs) that it ordered from China's Shanghai Waigaoqiao Shipyard (SWS).

Sched Netweb site
  • Guangdong's box growth slides 8.7pc in first nine months
  • ADAA reduces bunker surcharge for China, HK, Australia
  • CSCL report first 3Q net loss since 2004, difficulties ahead
  • Tianjin's foreign trade value up 20pc in first nine months
  • Antwerp Port calls on Shenzhen fair to win Asian business
  • Inter-modal transport of Qingdao to set a volume record high
  • America's FDA to open Beijing, Shanghai, Guangzhou offices
  • Panama president mans suction dredge to kick off expansion
  • India's ports see cargo volumes rise from April-October
  • Indian Navy sinks pirate ship while staving off attack
  • Multiyear ice blocks Northwest Passage despite global warming
  • HK's October air cargo falls 9.2pc, passengers off 1.4pc
  • China Southern Airlines increases flights in winter schedule
  • Machinists' strike, engineer shortage delays Boeing deliveries
  • Singapore establishes School of Civil Aviation Safety & Security

Exim Indiaweb site
  • Fieo seeks special ADB fund to tackle financial crisis in S-E Asia
  • Phosphoric acid imports come under dumping probe lens
  • 2 southern EOUs allowed to export 25,000 tonnes of rice
  • PEC floats tender for pulses import
  • GTI races past 1 m TEUs within 8 months
  • Sittwe port to provide access to landlocked N-E
  • Shippers highlight Port of Liverpool's competitive edge for India
  • GPA increasing handling capacity at Port of Savannah
  • AI to make Nagpur hub for domestic cargo operations
  • Gati to hike rates by 5 to 10 pc in Jan 2009
  • Dollar now rated at Rs 50.50!
  • Situation well in hand, Montek assures industry captains
  • Textile Ministry invites foreign consultants to review & suggest changes in TUF scheme
  • Fortunes swing in favour of ship-breakers
  • Jet Airways to cancel Mumbai-Shanghai-San Francisco service

International Transport Journalweb site
NOVEMBER 20, 2008
  • AF-KLM group publishes satisfactory results
  • Lufthansa confirms interest in SAS
  • Schneider Logistics opens five new branches

Maritime Global Netweb site
NOVEMBER 20, 2008
  • Indian Navy sinks pirate ship
  • Confidence ebbs away
  • Ocean HeavyLift ship arrested
  • Drunk master jailed
  • Intertanko launches Version 3 of Questionnaire 88

Marine Logweb site
NOVEMBER 20, 2008
  • Nichols Brothers cuts labor force
  • Golden Gate District to buy two mothballed WSF ferries
  • Obama eyes Arizona Governor for DHS top spot

World Wide Shipperweb site
NOVEMBER 20, 2008
  • MOL training vessel holds piracy exercise
  • Boeing announces plans to cut nearly 800 positions
  • Dino Caroussis elected UK P&I Club chairman
  • Seattle Tacoma Airport earns excellence award
  • NCS Pearson agrees to pay settlement related to TSA contract

Lloyd's Listweb site
NOVEMBER 20, 2008
  • Piracy could add $400m to owners' insurance cover costs
    NEWS comes as AP Moller-Maersk confirms it will reroute vulnerable vessels around Cape of Good Hope.
  • 'Unmitigated muddle' over piracy cover costs
  • Derivatives traders to disclose their netting
    CRISIS in shipping forces historic breakthrough that aims to improve transparency in the paper market.
  • Middle East and Black Sea rates double on piracy fears
    HANDYMAX owners this week nearly doubled their daily rates for trips to the Far East that pass through the Gulf of Aden.

Fairplayweb site
NOVEMBER 20, 2008
  • 'Arrogance' seen in LA-LB bosses
    THE PACIFIC Merchant Shipping Association's president has argued that port commissioners in Los Angeles and Long Beach are partly to blame for waning West Coast box business
  • ID panic ahead at US ports?
    US TERMINAL operators ' especially on the West Coast ' are concerned that security deadlines might leave them short of workers and truckers to haul cargo from the quays
  • Wide ties reported for Sirius pirates
    PIRATES holding a Saudi VLCC have been reported to be a sophisticated group well connected to Dubai, which has used past ransoms to reinvest in new vessels and arms and to fashion a network across the Horn of Africa
  • Plea to outlaw drybulk culprits
    BAD BEHAVIOUR by bulk charterers who fail to meet contract obligations in the physical and FFA markets will not be tolerated, delegates have agreed at the Baltic Exchange
  • Five killed in Ecuador blast
    AT LEAST five people were killed and 30 injured in an explosion on board a Nicaraguan-flagged vessel in the port of Manta, Ecuador, EFE news agency reported
  • Top squeezed by covenants
    TANKER and drybulk owner Top Ships today reported strong results for its third quarter but also more pressure on loans
  • China-Peru port ties upgraded
    CHINA and Peru have upgraded port and other economic ties

The Journal of Commerceweb site
NOVEMBER 20, 2008
  • Customs trade panel mulls account management
  • Maersk avoiding piracy zone
  • Cargo gains at Charleston
  • Japan's US exports crash
  • OECD growth drops
  • Intermodal rail traffic declines in Week 46
  • US to open food safety offices in China
  • BNSF Railway, Tideworks link up on intermodal project
  • UPS plans new Calgary hub
  • GTI tops 1 million TEUs

Containerisation Internationalweb site
NOVEMBER 20, 2008
  • Antwerp to push inland
  • NYK Logistics wins contract with Kingfisher
  • COSCON merges AEN and AES services
  • CN strikes deal with another Chicago suburb
  • OECD confirms market gloom

TradeWindsweb site
NOVEMBER 20, 2008
  • Shares topple
    Dry-bulk again leads a freefall in shipping stocks after an analyst report compounds default fears.
  • Crisis watch
    Worried about fallout from turmoil in the financial markets and need to know the latest news?
  • Avoiding Aden
    Intertanko says many of its members are avoiding the Gulf of Aden, and many more are considering it.
  • Bulk in breach?
    JP Morgan analyst says four of five bulker owners covered by the investment firm could be in breach of loan covenants.
  • Exit closes shop
    TFS Freight is blaming the freight rate collapse while others point to a new venture by broker Niall O'Connor.
  • Top breached loan
    Shipowner says there is no need for panic despite warning of forced vessel sales if other loan agreements are broken.
  • The anti-crisis
    DnB NOR hits out at speculation surrounding its shipping clients, claiming they are in a better position than its other corporate customers.
  • New K-Sea CFO
    Finance chief of US tank-barge player K-Sea Transportation "semi-retires" and is replaced by Terrence Gill.
  • Aries shrinks loss
    Lower utilisation helps keep US owner Aries Maritime Transport in the red but turnaround plan is ongoing.
  • Maersk shifts
    Slower or low-lying tankers and boxships to avoid Gulf of Aden because of piracy threat.
  • Top quarter
    Nasdaq-listed shipowner banks $41.64m in the third quarter to erase last year's losses.
  • Novoship better
    Sovcomflot-owned Russian tanker player sees nine-month earnings grow 27%.
  • Hornbeck slice
    A Florida investment manager run by top short seller Gilchrist Berg has taken a 5% stake in Hornbeck Offshore.
  • $25m - or else
    Somali pirates name their price to release Vela VLCC Sirius Star - and warn against failure to pay up.
  • Spill fear passing
    Shipowner says pollution from a cement ship beached 20km south of Oslo is now unlikely.
  • 99% compliance
    FIS chief John Banaszkiewicz tells emergency Baltic Exchange talks that nearly all FFA contracts settled in October.
  • Scan gets cash
    Lars Johan Frigstad-led offshore player snaps up $16m from private placement to aid cap ex needs.
  • Tamai triumphs
    Japanese bulker owner banked much more cash in strong first-half dry cargo markets.
  • Credit buster!
    Unnamed European owner splashes $1.44bn on two drillships at Samsung in Korea.
  • Mermaid minted
    Thoresen Thai Agencies' offshore unit sees bottom line pushed up 117% following revenue jump.
  • Tuzla trouble
    Massive redundancies feared at Istanbul shipyard complex as global financial crisis bites.
  • Up for grabs
    A stake in Australia's Dalrymple Bay Coal Terminal up for sale as owners look to cut their debt.
  • Tampa change
    US shipbuilder and owner Edison Chouest buys Florida shiprepair site from Bender group.
  • Keppel in clover
    Singapore yard group scoops offshore conversion and refurbishment work worth over $220m.
  • Dry-bulk dive
    Bulker owners on US markets see their stock prices lead a plunge in shipping stocks as the Dow falls below 8,000.
  • Canadian escort
    Web TV report takes you aboard the Ville de Quebec as it escorts World Food Programme shipments to Somalia.
  • Hanjin hassle
    Displaced Filipino residents go to court in fight for land on which Korean group built Subic shipyard.
  • Volumes slow
    Singapore's container throughput up only 5% figures from Maritime and Port Authority show.
  • Officers named
    UK Foreign Office says families of Sirius Star's British chief engineer and second officer grateful for global concern.

American Shipperweb site
NOVEMBER 20, 2008
  • China Shipping executive sees grim outlook
  • Pirates demand $25 million for Sirius Star's release
  • Pentagon asks ocean carriers to do more to tackle piracy
  • Hong Kong ship owners call for action on piracy
  • International Shipholding continues to evaluate Liberty offer
  • WWL boosts frequency of Oceania service
  • Bibby opens office in Singapore
  • A doll of an idea
  • Final foreign investment rules ease, complicate deals
  • Daschle picked for HHS
  • Lieberman remains in charge of committee
  • NIT League, IANA name new boards
  • INTTRA completes U.S. network for Hellmann
  • Shenzhen terminal, North Guangdong start intermodal shuttle

The Scandinavian Shipping Gazetteweb site
NOVEMBER 20, 2008
  • Pirates demand USD 25 million ransom
    The pirates that hijacked the VLCC Sirius Star has according to AFP claimed USD 25 million in ransom. The company Vela has also been given a 10 day time limit to accept. After this, the pirates threathens to take actions ...
  • EU millions to Baltic port projects
    The EU Commission has approved a EUR 10 million grant to co-finance a Motorway of the Seas project in Trelleborg and Sassnitz. The aim is to upgrade the capacities of a rail/sea link and develop new intermodal train ...

The Bunker Bulletinweb site
NOVEMBER 20, 2008
  • US supplier adds two new ports
    Long-term plans involve further expansion on the east coast.
  • Seatrade to showcase green technology
    Maritime focus for up-coming event in the Middle East.
  • ARA bunkers below $200 as crude falls
    Market gives up earlier gains as crude drops to 22-month low.
  • Ship design needs to focus on fuel economy
    Newbuilds risk obsolescence in an era of high bunker prices, says industry observer.
  • Pressure building on suppliers and traders
    Majors 'threaten to tighten credit terms' as they seek security in fragile market.
  • Oil spill prevention teams working to stabilise bulker
    Cement carrier aground in Norwegian fjord has punctured bunker tank.
  • Asian bunkers extend losses
    Bunker demand sluggish across the region.
  • Singapore fuel stocks up
    Onshore inventory levels rose in the week ended November 19.
  • Singapore's ex-wharf premium expected to fall
    Sentiments weak in the bunker market.
  • Manufacturers call for lower bunker surcharges
    Shipping association retaliates saying rates have already come down.
  • Norden loses profit on bunker hedging
    Q3 profit hit, but results for first nine months are strong.
  • Maersk lowers surcharges
    Cut in bunker surcharges on services from South America and New Zealand.
  • Singapore's floating storage study moves forward
    Next study will assess possible environmental impact.

›››File
FROM THE HOME PAGE
PORTS
Signed the act for the rebalancing of the concession in chief of Venice Terminal Passengers
Venice
Spain : The aim is to "create a new normal", which is aimed strongly at an upper-middle customer segment, with the aim of creating a pole for luxury cruises in Venice, " he said.
PORTS
In October, freight traffic in the ports of Genoa and Savona-Ligure
Genoa
Recorded increases of 2.5% and 21.9%, respectively. It continues the downturn of cruises in both scallops
CRUISES
Fincantieri has delivered the new cruise ship Viking Vela to Viking
Trieste / Los Angeles
Can accommodate 998 passengers
The government of Montenegro wants to bring the port of Adria back under state control
PORTS
The government of Montenegro wants to bring the port of Adria back under state control
Podgorica
Will evaluate the possible acquisition of the majority stake in the Turkish Global Ports Holding
PORTS
China's seaports handled record cargo traffic for October
China's seaports handled record cargo traffic for October
Beijing
Containers amounted to over 24.4 million TEU (+6.2%)
Stable the traffic of goods in the port of La Spezia in the period of July-September
PORTS
Stable the traffic of goods in the port of La Spezia in the period of July-September
The Spezia
Marina di Carrara has been recorded a decrease of -15.6%
PORTS
At Spezia they don't want a president of the AdSP "parachuted"
The Spezia
They ask for a president "plug & play" able to deal with the problems right away
PORTS
Defined the location in the port of Gioia Tauro of the construction site for the bridge over the Strait of Messina
Joy Tauro
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
PORTS
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
Ankara
Expected the realization of a terminal container
SHIPPING
T&E calls for EU measures to limit ship speed and greater use of wind propulsion
Brussels
Summary complaint of the organization on the progress made by the shipping industry for decarbonisation
CUSTOMS
To extend the customs corridor to goods in export and on transhipment in the port of Spezia
The Spezia
He was speaking at a meeting between the AdSP and the Customs Agency.
SHIPPING
After Maersk, Hapag-Lloyd also initiates an agreement with Chinese Goldwind for supplies of green methanol
ENVIRONMENT
Messina (Assshipowners) : yes to the environmentalist push, but the timing and the ways are wrong
Rome
Local, often untimely, local norms have the only effect of moving traffics out of the Old Continent.
PORTS
Port of Ravenna, final visit of the EU representative to the project "Ravenna Port Hub : Infrastructural Works"
Ravenna
The European contribution has been more than 30 million euros.
TRANSPORTATION
In 2023, the performance of road and rail transport services fell in Switzerland.
Neuchâtel
Modal shares remained unchanged
INTERMODAL TRANSPORT
New intermodal service Melzo-Marcianise of Hannibal
Melzo
Two weekly rotations that from the first quarter will rise to three
PSA and Evergreen to jointly operate container terminal in Singapore
PORTS
PSA and Evergreen to jointly operate container terminal in Singapore
Singapore
The new company will become operational by the end of 2024
In the third quarter economic growth of trade in goods and services of G20
TRADE
In the third quarter economic growth of trade in goods and services of G20
Paris
Down the value of goods to and from China
PORTS
Omanita group Asyad will manage the port of al-Suwayq for 40 years
Muscat
The expansion of the stairway and the construction of a quay
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INTERMODAL TRANSPORT
Memorandum of Understanding for the creation of an intermodal terminal in Budapest
Astana
A delegation of the Kazakh KTZ Express to the port of Rijeka
SHIPPING
The BIMCO has adopted the FuelEU Maritime Clause
Copenhagen
The European regulation will enter into force next January.
SHIPPING
Kenon Holdings (Idan Ofer) announces the next exit from the capital of ZIM
Singapore
Currently owns 19.8 million shares
PROGRESS AND TECHNOLOGY
NIM and EH Group will develop hydrogen fuel cell technologies for shipping
PORTS
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
PORTS
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
COMPANIES
The Zephyr Group snaps up Singaporean Twinco and Germany's Carl Baguhn
The Spezia
The two companies operate in the area of spare parts and components for diesel and gas engines
SHIPPING
Rixi, without the ETS review, European maritime fleets will continue to suffer a competitive disadvantage
Rome
According to the deputy minister, it is necessary to intervene at the root of the problem
PORTS
PSA Italy continues in purchase of equipment for Marghera terminal
Genoa
Committed total value of 8.5 million euros for three rubber-tyred gantry crane electric
JOBS
Corsica Sardinia Ferries in search of navigating personnel
Go Ligure
The wanted profiles are different, for machine areas, room and kitchen
PROGRESS AND TECHNOLOGY
Agreement for the digital integration of the FS and AdSP Polo Logistics systems of the Western Liguria
Genoa
SHIPPING
New Oriental Mediterranean Service-Adriatic via Malta of CMA CGM
Marseille
Will have a weekly frequency
COMPETITION
Brussels to give state aid for 1.9 billion euros to German railway company DB Cargo
Brussels
ASSOCIATIONS
Renewed the Governing Council of Wista Italy
Milan
Constancy Musso confirmed president
SHIPPING
Maersk completes orders to three shipyards for 20 new container ships
Copenhagen
In Yangzijiang Shipbuilding committed for six 17,000 teu ships and two from 9,000 teu. At Hanwha Ocean and New Times Shipbuilding ordered six units from 15,000 teu each
ASSOCIATIONS
Biagio Mazzotta assumes the post of Vice-President of the Federation of the Sea
Rome
President of Assonave will be running for vice president of ENMC
PORTS
ESPO calls on the new EU Commission to maintain and strengthen the CEF programme
Brussels
The exhortation is also to better adapt it to the needs of ports and their stakeholders
EDUCATION
The agreement on training between the AdSP of the Tirreno Centre Northern, the ITS Academy, " G. Caboto " and the European Escola
Cyvitavecchia
SHIPPING
Consultation on the extension of the UK ETS to the maritime sector
London
Shipping would be included since 2026
COMPANIES
MSC completes acquisition of a minority stake in HHLA
Hamburg
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
ONE acquires a stake in Jakarta's NPCT1 terminal container
Singapore
It has a traffic capacity of 1.5 million teu per year
PORTS
Transped orders a mobile crane Konecranes Gottwald for its Porto Marghera terminal
Helsinki
It will be taken in delivery in the second quarter of next year
LOGISTICS
Dutch Raben Group and Swiss elvetica Sieber Transport make up a joint venture
Oss / Berneck
It will detect the Swiss company's groupage transport activity
LOGISTICS
Dachser & Fercam Italia has opened a new branch in Arezzo
Bolzano
Three thousand square meters of operational surface area and 400 of offices
SHIPYARDS
Fincantieri initiates agreement with SIMEST for the growth of watermark businesses
Milan / Trieste
MEETINGS
Conference for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
PORTS
Approved the Plan of the Organic Ports of Sardinia
Cagliari
There are 938 workers in the 36 enterprises operating in the scallots
OFFSHORE
Saipem has awarded an EPCI offshore contract from BP in Indonesia
Milan
SHIPPING
Container ship charterer MPCC's revenues fell by -28% in the third quarter
Oslo
RAILWAY TRANSPORT
Fermerci reports delays and cuts to incentives for rail freight transport
Rome
Paper: Real risk of losing 115 million euros
PORTS
In the third quarter, traffic in shipping containers of Moroccan Marsa Maroc increased by 5% percent.
Casablanca
Exhaustion of the growth of transshipment volumes
SHIPYARDS
At Samsung Heavy Industries orders for the construction of four 16,000-teu container carriers
Busan
Commits the value of about 781 million
ENVIRONMENT
Eni-MSC agreement in the field of sustainability and energy transition
San Donato Milanese
It was subscribed by Claudio Descalzi and Diego Aponte
PORTS
The Grimaldi terminal in the port of Barcelona has been equipped with Onshore Power Supply
Barcelona
It will become operational in January
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 for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
››› Meetings File
PRESS REVIEW
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
SHIPYARDS
South Korea's HJSC adjusts a salesperson for four new 7,900-teu container ships
Busan
ASSOCIATIONS
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
LOGISTICS
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
INDUSTRY
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
ASSOCIATIONS
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
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%
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