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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:33 GMT+1
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BRIEFS
July 24, 2008
The Business Timesweb site
Shipping News
  • Bidders to pay large premium for Daewoo Shipbuilding
    Despite a sliding stock market, bidders for South Korea's Daewoo Shipbuilding may have to pay a hefty premium and large fees to snap up the coveted US$4 billion asset amid upbeat prospects for the sector.
  • STX bags 214b won bulk carrier order
    STX Shipbuilding Co, the owner of Europe's largest shipyard, said that it received a 214.1 billion won (S$288 million) order from Europe for two bulk carriers, filling an opening from a cancellation.
  • Baltic Dry Index falls another 57 points
    The Baltic Dry Index, a measure of shipping costs for commodities, had an eighth consecutive decline on reduced demand for so-called panamax vessels to haul grains.
  • Hutchison top bidder in Greek port tender
  • Fuel costs, weak US economy hit UPS profit

Sched Netweb site
  • MOL Africa service calls at Shenzhen's Da Chan Bay Terminal One
  • Germanischer Lloyd opens in Fuzhou, appoints technical manager for China
  • TNT launches intra-Asia time-definite trucking service
  • APM Terminals to jointly build second box terminal in Vietnam
  • GAC opens in Kazakhstan to serve central Asia oil and gas interests
  • Chinese logistics investment sought by France
  • UAL posts loss of US$2.7 billion; 7,000 jobs to go
  • Arbitrators rule in favour of ABX Air over DHL
  • Volga-Dnepr Group first half cargo revenues soar 180pc

Exim Indiaweb site
  • OOCL to connect India & Pak to US East Coast
  • NOL submits indicative non-binding bid for Hapag-Lloyd
  • Hydrocarbons D-G wants order on ship age kept in abeyance
  • Iran wants supertanker to store crude
  • Leather exports in 2007-08 net a few millions more
  • Security concerns prompting govt to bar a few countries from new port projects
  • New highway for Sikkim under study
  • Rein on export of certain cotton varieties
  • Nath makes presence felt as WTO talks resume

Maritime Global Netweb site
JULY 23, 2008
  • Shipping industry protests at Hebei Spirit detentions
  • Management fees "must rise"
  • UK gets One Voice
  • Euronav's strong first half

Marine Logweb site
JULY 23, 2008
  • Massive spill closes Lower Mississippi
  • Bush signs MARPOL law
  • Strategic Marine goes global

World Wide Shipperweb site
JULY 23, 2008
  • Celebration marks upgrades to Port of Portland security
  • Horizon Lines taps Storey as investor relations director
  • Port of Vancouver hosting annual International Festival
  • Coast Guard stepping in to clean up decommissioned ship
  • Seven freight forwarders fined for Defense Department bid rigging

Lloyd's Listweb site
  • Fleet Management, pilot charged with Cosco Busan offences
    FLEET Management has been indicted for negligently causing an oil spill and falsifying documents.
  • US Coast Guard in the firing line over Cosco Busan
  • Puntland clan elders to negotiate with pirates
    THE pirates are holding the Stella Maris with 20 Filipino crew on board and elders will find out their demands.

Fairplayweb site
JULY 23, 2008
  • Fleet Management charged with Cosco Busan cover-up
    FLEET Management Ltd, the company that managed the Cosco Busan when it crashed into a San Francisco Bay bridge, spilling 166 tonnes of bunker fuel, was indicted today on six felony counts of filing false documents to try and cover up negligence
  • Cruise shares rocket after layoff
    ROYAL Caribbean Cruises shares have surged 18%, proving again that short-term investors reward mass layoffs
  • Collision closes Mississippi
    MILES of the lower Mississippi are closed to commercial traffic after an overnight collision involving a tanker and a towboat

The Journal of Commerceweb site
JULY 23, 2008
  • UPDATE -- ILWU talks nearing completion
    Negotations between International Longshore and Warehouse Union, employers closing in on a new multi-year labor contract.
  • ILA 'firmly behind' ILWU
  • Court rules EPA cannot exempt vessel discharges
  • Charge hits Ryder net
  • TWIC reader tests to begin
  • Manufacturers seek tariff reductions at trade talks
  • Cosco Busan operator charged with obstruction
  • Evergreen in Baltimore pact
  • Bush signs MARPOL bill
  • WTO meets for Doha talks
  • NY-NJ Port Authority protests planned cuts for TWIC pilot

Containerisation Internationalweb site
JULY 23, 2008
  • Hutchison consortium submit highest bid for Thessaloniki
  • Hamburg Sud adds NZ-Asia ship to cut costs
  • Maine closes its box terminal
  • New India/USEC service launched to replace axed IDX operation
  • TPT orders new RTGs for Cape Town

TradeWindsweb site
JULY 23, 2008
  • 1,300 tonnes
    Coast Guard gives details on spill from American Commercial Lines barge after it collided with the Tintomara.
  • Mississippi mess
    Diesel oil is leaking after a American Commercial Lines barge and a chemical tanker are involved in collission on the Mississippi River.
  • Dolly closes ports
    As Category 2 hurricane nears land, south Texas ports are closed. Storm skirts offshore operations.
  • $3m to free ship?
    Huge number of pirates means Somali captors of Japanese supramax Stella "won't take less than $2m", source claims.
  • All about OPEC
    JPMorgan analyst shifts tanker rate projection focus from oil demand, as he lifts earnings forecasts for US-listed owners.
  • Close shave
    Loss of situational awareness lead to a potentially disastrous near head-on collision in Australia.
  • Greek ships crash
    Blue Star Maritime vessel smashes into docked ferry, injuring three people.
  • Li wins the day
    Hong Kong billionaire's consortium enters highest bid for Thessaloniki terminal contract.
  • Bouncing back
    Shares in Svein Moxnes Harfjeld-led BW Offshore gaining ground after recent slump.
  • Hapag bids flow in
    Up to six or seven bidders enter starting race for Hapag-Lloyd but mooted figures on the low side.
  • Crude gain
    Port of Rotterdam builds oil volumes by 11% in first half, as demand grows in Benelux and Germany.
  • Sub sea work
    Titan of the US drafted in to shift World War I German U-boat to give ships more clearance in English Channel.
  • Six for Vyborg
    Russian owner continues to expand fleet with deal for con-ros at Uljanik in Croatia.
  • Back in vogue
    Investors flock back to buy South Korean shipbuilding stocks on the back of DSME's record sales performance.
  • Sovcomflot soars
    Hot tanker market sees Russian giant's revenues more than double in first half.
  • STX fills slots
    Mystery European takes up two available slots at Korean yard after Greek's capesize order was quashed.
  • Ferry shake-up
    Philippines politician wants owners to list to improve corporate governance in wake of Princess of the Stars disaster.
  • Paris pumped up
    Goldenport boss tips revenue to rise 15% over the next three years following double bulker sale.
  • Mile HHI club
    South Korean shipbuilder said to be eyeing up near $20m slice of Hainan Airlines unit.
  • Evergreen signs
    Taiwanese box line set to stay at Baltimore in US for another 10 years.
  • Another try
    India's Kerala government wants to launch ferry service to Persian Gulf after previous attempts ended in failure.
  • APM expands
    AP Moller's terminal arm signs up for second joint venture container port in Vietnam.
  • Trio for Aegean
    Greek bunker player confirms acquisition of ex-Everard Shipping product tankers.
  • India bound
    OOCL to launch new Indian subcontinent to US East Coast service in August.

American Shipperweb site
JULY 23, 2008
  • OOCL, NYK ships to enter U.S./Indian Subcontinent loop
  • Northrop unit to supply navigation equipment to Carisbrooke newbuilds
  • USTDA gives second grant to Vietnam aviation agency
  • Dascher forms Dutch joint venture to focus on air freight
  • London's £16 billion Crossrail project ready to roll
  • Norfolk Southern 2nd quarter profit up 5%
  • U.S. implements two CAFTA-DR textile provisions
  • Commerce increases watch over Iranian trade
  • Importers ask Congress to slow down "10+2" implementation
  • C.H. Robinson's 2nd-quarter profit up 10%
  • BDP International expands presence in Argentina
  • Kuehne + Nagel consolidating brands in Greece
  • FMC reviews 27 OTI license applications
  • ATA to file suit against SoCal truck plan next week
  • Long Beach port to move forward on maglev pilot project
  • Boston longshoremen plead guilty in fraud case
  • Hawaii, Alaska legislators seek California container fee exemptions
  • Baltimore will sign new contract with Evergreen
  • CKYH Alliance makes first Euromax call

The Bunker Bulletinweb site
JULY 23, 2008
  • DOE report in line with bearish forecasts
    US crude oil stocks decline but high prices appear to have hit gasoline demand.
  • Bunker prices tumble as crude markets sink
    Observers say crude oil prices under pressure as US dollar strengthens.
  • Global bunker market report
  • Asia 'will need more fuel oil imports'
    Consultancy says 14 million mt of regional production will be lost in the next two years.
  • ARA - Barges tight over weekend
  • Singapore bunker prices plunge
    The price of 380 cst product at three-week low.
  • Royal Navy caught out by fuel price gains
    Live exercises may be cut as MoD looks to cut costs.
  • Titan leases out floating storage unit
    Two global oil trading firms will take up its floating storage unit in Malaysian waters.
  • Malaysia-listed firm mulls bunkering venture
    Company could 'ride the oil and gas boom and to expand its earnings base'.
  • Aegean buys three double-hulls
    The bunkering tankers are for its service centre in Piraeus, Greece.

›››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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