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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:43 GMT+1
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BRIEFS
May 23, 2008
The Business Timesweb site
Shipping News
  • Keppel unveils latest worksite safety drive
    DON'T mind your own business is the new mantra at Keppel Shipyard. Looking out for yourself and others at the workplace is one of the key safety messages that Keppel Corp would like to impart with the launch of its 'Safety Starts With Me' initiative.
  • Shipping Corp to borrow US$1.3b to buy vessels
    Shipping Corp of India Ltd, the nation's biggest sea carrier, will borrow US$1.3 billion to purchase more vessels to meet rising trade in the country.
  • Frontline Q1 profit up on Opec output
    Frontline Ltd, the world's biggest oil tanker company by market value, said that first-quarter profit climbed after the Organisation of Petroleum Exporting Countries (Opec) pumped a record amount of crude, increasing demand for shipping.

Sched Netweb site
  • Shanghai port April volume up 9pc, Yangshan terminal soars 42pc
  • Shenzhen port box volume up 8.5pc in first four months
  • Maersk raises capacity on Europe/Middle East ME3 service
  • On-the-block Hapag-Lloyd enjoys good quarter on higher freight rates
  • Coscon to start independent CUE loop without Evergreen
  • Safmarine Nile newbuilding to join AMEX service
  • Asian Freight Awards sees Singapore companies shine
  • Fee debacle over PierPass collections at Port of Los Angeles
  • Volume flat for Hong Kong ground handler AAT in April
  • Siemens to equip TACT air cargo terminal in Taipei, Kaohsiung
  • Aeroflot posts US$56 million net profit for first quarter

Exim Indiaweb site
  • Evergreen Lineto upgrade China/Persian Gulf service
  • AMET launches sea of courses to cover wide shipping spectrum
  • UK's tonnage tax move may compel Evergreen to switch flags
  • Singapore cos sweep Seatrade Asia Awards
  • Bulk shipping market remains highly volatile
  • EU looking forward to enhanced market access in India
  • Cement export ban eased for Nepal
  • Singapore port remains numero uno
  • Lalu explains Rlys facelift plans to Singapore biz students
  • R$ 341 billion! Forex reserves in 2007-08

International Transport Journalweb site
MAY 22, 2008
  • Air Berlin founder Hunold wins Schumpeter Prize
  • Evergreen Line upgrades its services to link East Asia with Australia
  • Air One inaugurates services between Italy and Belgium
  • Davies Turner opens new DC near Bristol

Maritime Global Netweb site
  • NCL fined US$1m
  • Ship Finance's profit up
  • Marathon moves on Global Ship

Marine Logweb site
MAY 22, 2008
  • Anderson steps down from FMC
  • USCG Marine Safety Improvement Plan now available
  • MAN Diesel expands PrimeServ network
  • AOTOS winners named

World Wide Shipperweb site
MAY 22, 2008
  • By the President of the United States A Proclamation
  • US freight railroads move more with less fuel
  • MarAd inks contract for SAVANNAH layberth
  • Capo, Garvey named winners of 2008 AOTOS awards
  • Norfolk Southern adding new Uni-Level freight cars

Lloyd's Listweb site
MAY 22, 2008
  • Haji-Ioannou wins court victory in 'gifts' feud
    APPEAL court orders bulk carrier owner John Frangos to repay $49m to his former father-in-law.
  • Frangos wins court victory
  • Capesize bulker breaks $300,000 rate
    CHINA Steel vessel booked at a rate of $303,000 per day to carry iron ore from Brazil to China.
  • Europe yard chiefs seek new strategy over Aker
    EUROPEAN shipbuilding leaders to discuss response to challenge posed by STX's stake in Aker Yards.

Fairplayweb site
MAY 22, 2008
  • Norway disaster: NCL pays $14.75M
    NORWEGIAN Cruise Line (NCL) will pay nearly $15M in fines and compensation over the May 2003 boiler explosion on the Norway that killed eight crew and seriously injured 10.
  • Phils flag fleet hits record low
    THE NUMBER of Philippine-registered vessels trading overseas continues to fall due to the registry's lack of incentives and the inability of operators to expand
  • Seanergy to buy bulkers
    BLANK-cheque company Seanergy Maritime has announced that it intends to purchase six bulkers from the Restis family of Greece for $395M
  • Liabilities set in Tricolor case
    A US District Court has apportioned the liability for the sinking of the Tricolor in the English Channel in December 2002
  • Bush FMC nominee bails out
    TROUBLES continue at the Federal Maritime Commission as President Bush's nominee to head the body has announced his resignation.

The Journal of Commerceweb site
MAY 22, 2008
  • Lines start Asia-EC South America loops
    "K" Line, CMA CGM, China Shipping and Maruba to launch new service between Asia and East Coast of South America.
  • TSA: Customers agreeing to floating bunker charges
  • Senate, House override Bush veto of farm legislation
  • Neptune Orient Lines readies bid for Hapag-Lloyd
  • Japan trade surplus with U.S. shrinks again
  • WWL CEO: Set parameters for ro/ro ship emissions
  • Rail traffic growth eases
  • French Senate approves port reform
  • Zarubino plans box terminal
  • EU mulls maritime future
  • ProLogis leases China DC

Containerisation Internationalweb site
MAY 22, 2008
  • Kuehne + Nagel takes control of Beiersdorf's Vienna logistics centre
  • Georgia's ports on track
  • APL doubles capacity at Oakland
  • CSCL, CMA CGM, K Line and Maruba launch new Asia/South America East Coast service
  • TT Club expresses 'continuing concern' about cargo mis-declaration

TradeWindsweb site
MAY 22, 2008
  • Mercator confirms VLCC buy
    Indian owner says it has inked a tanker buy that appears to match reports of TMT purchase.
  • Bunker surcharge floats
    The Transpacific Stabilisation Agreement garners major surcharge shift in negotiations with US importers.
  • CEO runs for more Marathon
    Marathon Acquisition Corp's chief executive is to buy up 2 million shares in the American Exchange-listed vehicle.
  • Star buys a Cosmo
    US-listed owner pounces on a supramax bulk carrier for $68.8m.
  • NCL in $15m Norway hit
    Company ordered to pay $14m restitution to victims of boiler blast and fined $1m.
  • Bulker stocks plunge
    Several dry-bulk players lose more than 5% of their share value in one bearish day on US exchanges.
  • Selah shut
    Istanbul yard where two workers died this week is closed by government.
  • Tricolor headed for appeal?
    Lawyer for the bulker Clary is mulling an appeal of a ruling that gave the ship's interests a share in the blame.
  • Tsakos family not selling
    Nikolas Tsakos says his family interests are not selling out of Tsakos Energy Navigation, but would buy shares if given the chance.
  • Peter G pulls out
    Genco's stock slips after chairman shelves plans to sell 1 million of his own shares alongside $240m secondary offer.
  • Shipbreakers' leader shot dead
    Brother also wounded in ambush after leaving Gadani.
  • TBS shares price
    US tweendecker and bulker owner's shares lead decliners Thursdays after a stock offering prices at $51 a share.
  • Hyproc orders tankers
    Algerian state owner adds to coastal fleet with bitumen carrier order in Bulgaria.
  • Gearbulk to appeal
    Battle for $128m compensation for alleged repudiatory breach of newbuilding contract takes new legal turn.
  • More for Frontline
    Fredriksen cash-cow builds first quarter profit in stronger VLCC and suezmax markets.
  • SFI follows up
    John Fredriksen controlled company follows Frontline's lead to post improved profits in the first quarter.
  • Palmali seals fuel deal
    Turkish tanker owner to ship bunkers to Baltic for Lukoil's Litasco.
  • Sado sinks lower
    Japanese ferry player makes losing start despite revenue growth.
  • Options for Fredriksen
    Tanker tycoon's Frontline adds two VLCCs to order at Zhoushan Jinhaiwan in China.
  • K Line soups up south
    Japanese owner and partners add two boxship loops from Asia to South America.
  • Wah Kwong aims low
    Figure of $164m Hong Kong owner plans to raise in IPO well below previously-touted figures.
  • NOL readies cash?
    Report claims Singapore owner could splash up to $7bn on TUI's rival Hapag-Lloyd line.
  • Fredriksen offloads more OSG
    Norwegian shipping magnet sells more shares in US-listed tanker rival cutting his stake to 5.8%.
  • Korea targets top five
    Shipbuiding powerhouse wants to take Norway's place as fifth largest shipowning nation by 2010, government says.
  • MMM takes Titan tankers
    Malaysian Merchant Marine to charter four chemical ships from Hong Kong owner with purchase obligations.
  • Asia-Mexico boost
    Hapag Lloyd and APL to increase frequency and capacity on joint service.
  • MBC's profits down
    First quarter revenues jump nearly 70% at Malaysian Bulk Carriers, but lack of ship sales hits results.

American Shipperweb site
MAY 22, 2008
  • FMC's Anderson said it was time to move on
  • Frontline's profit up 39% in first quarter
  • Asia/East Coast South America consortium adds 2nd string, "K" Line
  • Bureau Veritas fleet tops 8,000 ships
  • What if container shipping never existed?
  • OAG: Global air freight growth strong for next decade
  • DHL to renew hub services agreement with ABX Air
  • Lufthansa Cargo extends World Airways contract
  • Great Wall Airlines selects Wallace Air as North America agent
  • Trucking association wants action on drug, alcohol testing
  • Kuehne + Nagel takes over Beiersdorf's logistics center in Vienna
  • Florida health care firm enters transport and logistics market
  • Mallory Alexander appoints Maready CIO
  • DHL using online game to tempt new recruits
  • Davies Turner completes Bristol expansion
  • SEKO Synergy expands with Hong Kong branch
  • Another LNG project proposed in New York area
  • MSC to call at the Port of Salalah
  • APM Terminals adds four cranes in Apapa, Nigeria

The Scandinavian Shipping Gazetteweb site
MAY 22, 2008
  • Tricolor 17 per cent guilty
    In a new verdict, the US District Court for the Southern District of New York has ruled that Tricolor is 17 per cent liable for the collision in December 2002.The other involved vessels, Kariba and Clary, are 63 and ...
  • Christian IV sold to Finland
    The Stella Company Group in Finland has acquired the ferry Christian IV from Color Line for EUR 13 million. The ferry will be handed over to the new owner in the beginning of July. The intention of Stella Company Group ...
  • Brazilian multi USD billion investments in drillships ahead
    The Brazilian oil company Petrobras has announced that it will invest USD 30 billion in new drillships and rigs the coming nine years. Most will be built in Brazil. Measured in market value, Petrobras is today the third largest company ...

The Bunker Bulletinweb site
MAY 22, 2008
  • WWL boss calls for cooperation to cut CO2 output
    Car carrier known for voluntary 'green' measures says customers must accept slower sailing speeds.
  • Bunker market report from Praxis
  • US Senate committee passes emissions bill
    Senator Boxer's bill calls for faster bunker fuel sulphur reductions than MARPOL Annex VI.
  • Rotterdam market firming quickly
  • Singapore: Stocks of residual fuel, distillates fall
    Fuel oil inventories dip despite weaker demand from China.
  • Singapore power group active in bunker market
    PetroSeraya expects market penetration to grow.
  • Bunker costs and strong yen to 'slash' profit
    Mitsui OSK lowers profit forecast for current fiscal year.
  • Report says bunker players under investigation
    Singapore officials refuse to comment.
  • Tsakos Energy Q1 net profit up 50%
    Expects 2008 to be 'another positive year' for the tanker market.
  • PTP supplier says business is 'picking up'
    Source says likely impact of Tanjung Bin bunker hub still unclear.
  • Supplies of 380 cst bunkers suspended
    Taiwan's oil refiner says supplies of 380 cst bunker product in Taichung will be suspended until September.
  • 'No volumes' for Fujairah fuel oil contract
    Trading of the Fujairah 380 cst high sulphur fuel oil futures at a standstill.

›››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%)
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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