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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
July 22, 2008
The Business Timesweb site
Shipping News
  • Kuehne & Nagel reports 13% jump in Q2 earnings
    Kuehne & Nagel International, the world's largest sea-freight forwarder, said second-quarter profit rose 13 per cent, boosted by more sea shipments.
  • Russian billionaire increases stake in TUI to 15.03%
    Russian billionaire Alexei Mordashov has increased his stake in TUI, one of the leading European travel and shipping groups, to 15.03 per cent, a statement to the stock market said yesterday.
  • Tanker rates may climb on August demand gain
    The cost of shipping Middle East crude to Asia, the world's busiest route for supertankers, may advance because oil companies are taking longer to hire next month's ships, potentially leading to a demand surge.
  • Iran seeks supertanker to store crude oil

Sched Netweb site
  • China ups full railcar freight rate 75pc after fuel price hikes
  • California's eco tax on containers threatens Hawaii imports
  • Zim to dock at new Western Berth at Kingston Container Terminal
  • British forwarders welcome decision not to increase fuel tax
  • India's planned Diamond Harbour container terminal cost estimates double
  • Odense shipyard to deliver 7,000-TEU ship for Maersk service
  • Inttra partners with Szedi in Shenzhen to broaden reach
  • Lufthansa Cargo serves Brazilian market twice weekly
  • GAC Singapore manages heavy airlift for Prosafe's FPSO
  • BA World Cargo to raise fuel surcharge July 31

Exim Indiaweb site
  • DGS' new decree elates inland waterways & coastal shipping operators
  • Bharati proposes to set up second mega shipyard, this time near Bhavnagar
  • Welcome aboard for a cruise... on a containership!
  • K Line implements Vision 100 for vessel safety, administration
  • Hamburg S'd enhances presence in China with 7 proprietary offices
  • Fujian Foreign Trade Centre Shipping Company offers weekly Quanzhou to Manila service
  • APM Terminals to begin new Black Sea facility project
  • INTTRA partners with SZEDI to provide enhanced supply chain visibility in S. China
  • Maritime observers pin higher hopes on smaller ports
  • Consolidated terminals of post 21 pc higher H1 throughput
  • Freight corridor projects costs escalate
  • Forex reserves up by $ 123 million to $3,08,520 million
  • Speculators behind global crude price rise-Chidambaram
  • Drawback panel term extended till Aug. 11
  • Exports in 2008-09 to be wide off mark-Ficci survey

International Transport Journalweb site
JULY 21, 2008
  • Kukla and Samskip set sights on Scandinavia
  • LAN Airlines launches Toronto-Santiago service
  • Eurotunnel with positive first six months
  • Kuehne + Nagel grows faster than market

Maritime Global Netweb site
JULY 21, 2008
  • Bargaining Forum "progress"
  • EWL folds
  • Cosco Busan pilot to stand trial
  • Q88 completes PMI project

Marine Logweb site
JULY 21, 2008
  • Royal Caribbean to slash shore-side jobs
  • Horizon Lines indemnifies non-management directors
  • Guidry family and investment firm acquire Harvey Gulf
  • FLC West gets O.K. for Aker Yards deal

World Wide Shipperweb site
JULY 21, 2008
  • Port of Tacoma taps Howard as new records manager
  • Washington ferries testing biodiesel fuel blend
  • Dutch Harbor leads U.S. in landings of fish during 2007
  • IntelliJet Marine teaming with Art Anderson Associates
  • California Maritime Academy eyes LNG training program

Lloyd's Listweb site
  • DryShips closes $1.13bn of financing for drillships
    THE credit facility arranged by Deutsche Bank and Dexia Credit is for the two vessels being built by Samsung Heavy.

Fairplayweb site
JULY 21, 2008
  • Royal Caribbean axes 400
    Royal Caribbean Cruises has announced a massive lay-off of 400 shoreside staffers as part of a $125M/year cost-cutting plan
  • Dolly forces Mexican oil terminal to close
    PEMEX has closed one of its export terminals on the Gulf of Mexico as Tropical Storm Dolly enters the Gulf, having passed over the eastern tip of Mexico's Yucatan Peninsula
  • Mideast oil production surge seen
    MORE OIL is being lifted from the Middle East because of an upsurge in production, the Centre for Global Energy has said in London
  • Crew rescued from drifting ship
    NINETEEN crew have been rescued from a drifting vessel off by Western coalition forces from CTF 150, which patrols the waters from Pakistan to the Horn of Africa

The Journal of Commerceweb site
JULY 21, 2008
  • UPDATE: PMA says union targeting ships, terminals during contract negotiations
    Sides trade charges, barbs as teams of negotiators continue to work toward a new labor contract for West Coast ports.
  • LA-Long Beach to face lawsuit over clean trucks
  • APL volumes, revenues up
  • Hamburg group says it made offer for Hapag-Lloyd
  • Dredge fill to trim Charleston project costs
  • House members oppose 're-direction' of TWIC funds
  • CMA CGM taps chief of US commercial business
  • EU ups Doha farm offer
  • TWIC tops 200K for week
  • K&N profit gains 14.5%
  • APM adds Vietnam terminal

Containerisation Internationalweb site
JULY 21, 2008
  • 23% profit surge for Cork dulls the pain of planning rejection
  • US West Coast weekend talks 'made progress' say union
  • APM T strikes deal for new Vietnam terminal
  • Port of Spain upgrades and focuses on customer service
  • C-TPAT renewed for OOCL

TradeWindsweb site
JULY 21, 2008
  • Drilling for cash
    George Economou-led DryShips signs on to $1.13bn credit facility for its drillship order.
  • Court says no
    A US appeals court overturns Dominion Cove Point LNG terminal approval over leakage concerns.
  • Indemnified
    Amidst federal probe, Horizon Lines protects board members from liability from legal proceedings and investigations.
  • 9% temptation
    UK Club's big coupon hybrid capital deal wins shipowners over to P&I loan.
  • Lower Golar
    Analyst cuts earnings forecast for LNG carrier owner as spot market softens.
  • Oceans of cash
    Anthony Kandylidis-led firm will bag $46m after securing three-year charter for a panamax bulker.
  • TMM expects more
    Mexican tanker owner's shares jump as the company says it expects a 25% second quarter revenue boost.
  • Lehmann saved
    Series of misfortunes come to an end for German ship Lehmann Timber which arrives in Salalah.
  • So close
    Bosses Michael Tartsinis (left) and Antonios Nikolaou of GO Carriers are near to 100% ownership as they take bulker owner private.
  • Start your engines
    Investor group containing city of Hamburg tables 'competitive' bid for Hapag Lloyd as deadline nears.
  • Cash ready
    India's Greatship plans to all but double its offshore orderbook with the help of parent GE Shipping.
  • Bribes arrest
    Former Korean marine minister Kang Moo-Hyun held for allegedly taking owners' cash for favours.
  • Cosco chief quits
    Captain Wei Jia Fu steps down as chairman of Cosco Corp and is replaced by Li Jian Hong.
  • What next?
    Connecticut shipowner Richard du Moulin says Intrepid Shipping is in a 'state of confusion' about the best sector for its next play.
  • Escorts wanted
    Peter Goossens of WFP makes plea for naval assistance for food aid shipments to Somalia.
  • Steady for NCSP
    Operator of Russia's Black Sea port of Novorossiysk says volumes stable during first half.
  • Fredriksen second
    Norwegian magnate eclipsed by Russian billionaire Alexei Mordashov as TUI top dog.
  • Bye bye bourse
    Montanari shareholders offer premium on share price to take Italian tanker owner private.
  • Bridge of sighs
    A mix-up on Cunard's Queen Victoria leads a rush of accident reports from hard-pressed UK investigators.
  • Cochin goes mini
    State-owned shipyard likely to achieve freedom to spend cash offered by "miniratna" status.
  • Mipo scores four
    South Korean shipbuilder secures handysize quartet following $160m contract with a Liberian owner.
  • Tax tonic
    South African government the latest to consider switching to tonnage tax to boost shipping register.
  • Two for Formosa
    Taiwanese owner slates $105m tanker order at South Korea's STX Shipbuilding.
  • Tanker triumph
    Saudi VLCC and chemical carrier player NSCSA sees second quarter profit almost double in strong markets.
  • Going, going...
    Polish government wants offers in for Gydnia and Szczecin shipyards by 5 August.
  • Paris produces
    Greek shipping heir heads to Hollywood to work with actors like Kevin Costner and Cameron Diaz.
  • DP does better
    Dubai ports giant sees first-half volumes rise 21% after growth in India and Middle East.
  • Timber trouble
    Strait Shipping ferry drydocked after hitting log in Cook Strait, New Zealand.
  • Fairstar wins work
    Heavylift specialist to ship offshore modules from Southeast Asia to North Sea.

American Shipperweb site
JULY 21, 2008
  • APL posts strong volume, revenue gains
  • Aker, FLC West transaction cleared
  • TORM ups profit guidance with product tanker sale
  • INTTRA gets new CFO, adds another member carrier
  • Former maritime minister in South Korea arrested on bribery charges
  • Inchcape makes Nigeria appointments
  • Cargolux takes delivery of last B747-400F
  • Shekou-Changsha container line to open Aug. 1
  • GAC finding success early in Kazakhstan
  • Navy logistics division changes commanders in Bahrain
  • Kuehne + Nagel satisfied with 1st half, predicts logistics slowdown
  • Key lawmakers, ports oppose switch of TWIC funds
  • Second Vietnam project for APM Terminals
  • Transnet orders 32 Kalmar RTGs for Cape Town terminal

The Bunker Bulletinweb site
JULY 21, 2008
  • O.W. Bunker announces new recruits for training programme
    International training programme reflects 'importance of bunkering within business'.
  • Russia's Baltic oil product exports mostly up
    Statistics show rise in oil product shipments via two ports, but decline in one port in the region.
  • Global bunker market report
  • MARPOL sulphur testing 'could have far-reaching implications'
    Call to bring commercial test procedures into line with IMO sulphur verification protocol.
  • Singapore investigation 'damaging' industry
    Bunker suppliers 'scale down deliveries' as probe into alleged malpractices continues.
  • Rotterdam market very quiet
  • Singapore bunker prices extend losses
    Bunker prices in Hong Kong also fall for the fourth consecutive day.
  • South Korean prices to ease as SK returns
    Bunker prices are expected to decline to 'levels closer to Singapore', trader says.
  • Flag state system will compromise emissions reduction
    More than a quarter of global tonnage unaccounted for in emissions targets.
  • Cold ironing at German port next month
    Lübeck is Germany's most progressive environmental port project to date.
  • Singapore supplier to expand in Fujairah
    Supplier will bring second bunker tanker to Fujairah.

›››File
FROM THE HOME PAGE
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%)
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.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
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%
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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