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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:05 GMT+1
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BRIEFS
March 25, 2008
The Business Timesweb site
Shipping News
  • Oman earmarks US$4b for fleet expansion
    Oman's state shipping firm will spend up to US$4 billion in the next three to four years to expand its fleet size, a senior company official said, part of the sultanate's efforts to upgrade its oil industry.
  • Peacekeepers make Mogadishu thrive
    African Union peacekeepers have turned Somalia's biggest port into a thriving business centre providing a vital lifeline to war-weary residents.
  • Asian aframax rates expected to rise
    Asian afra- max charter rates may rise for a second week as shipowners seek higher fees because of increases in rates for supertankers and aframaxes in routes outside the region.
  • Hopes fade for 18 crew 'trapped' in sunken ship

Sched Netweb site
  • Maersk Line slot charters to CMA CGM, restructures services
  • Fesco China service adds Qingdao to port rotation
  • Qingdao Port Group plans for IPO this year
  • MSC to hike BAF boxes from Italy, Spain, France, Portugal from April 15
  • CEVA Logistics to house, distribute Pirelli tyres
  • APM comes to Singapore to display latest in maritime technology
  • Cathay plan for new air cargo terminal meets Hactl resistance
  • Air France-KLM to buy Alitalia for US$215 million, scrap cargo unit
  • Australian forwarders demand new wording on IATA contract

Exim Indiaweb site
  • Allcargo beefing up LIFTING MIGHT
  • Vini Container Lines enters fifth year of successful operations
  • GE Shipping contracts to sell single hull vessel
  • Maersk Line rolling out new BAF formula
  • SCI plunging into 'offshore' sector waters soon
  • Hapag-Lloyd options under examination
  • Corporate sector lining up own fleet!
  • Hamburg Süd & Maersk Line to cooperate in Oceania-N. America trade
  • TUI's Hapag-Lloyd seeking Hamburg Süd tie-up?
  • MSC to start Yantian- LA weekly Condor Express with Maersk Line's slot charter
  • Asia-Europe container rates highest since '93
  • Evergreen upgrades Far East/Adriatic service with bigger ships
  • CMA CGM profit up by 58 pc to $ 966 m. on 40 pc revenue increase in 2007
  • Hamburg Süd christens its largest-ever boxship
  • Cosco launches Quanzhou-Manila service
  • Hanjin Shipping turns to for new terminal tractors
  • Traffic growth slows through major US ports
  • APM Terminals profits up by 30 pc to $ 111 m
  • Le Havre handles 80 m tonnes in 2007, posts 25 pc growth in boxes
  • Peel Ports Group appoints new Chief Executive
  • Gold jewellery exports retain shine
  • $ 12 billion trade target set with South Africa
  • Exim Bank inks a LoC deal with Afreximbank
  • Committee being set up to study MbPT's expansion issues
  • Iron ore terminal project at Ennore Port attains financial closure
  • Open Chittagong port to economic prosperity, Indian HC exhorts Dhaka
  • Consultant wants Cochin Port to become cruisers' home
  • Rlys hauls 23 pc more revenue in Feb.
  • Core sector growth slumps to 4.2 pc in January 2008
  • 3-man panel set up to review drawback rates
  • Customs duties cut on edible oils, waived on rice
  • BoA clears 5 SEZs, sixth in principle
  • Scheme for integrated textile parks retained in XI Plan
  • PM assures strategies to promote textile sector
  • Pradeep Bhargava elected Chairman of CII Maharashtra Council

Marine Logweb site
MARCH 24, 2008
  • LA and Long Beach to subsidize ships that switch to cleaner fuel
  • Bisso Marine beefs up fleet
  • Dry Docks World names CEO for SE Asia

World Wide Shipperweb site
MARCH 24, 2008
  • Alaska Air Cargo adding scanner-based tracking system
  • Tideworks opening office to serve Singapore region
  • Port of Seattle backs biking at Shilshole Bay Marina
  • APL starting new service calling Laem Chabang
  • Corps installing new weirs to ease John Day fish passage

The Journal of Commerceweb site
MARCH 24, 2008
  • Transpacific Stabilization Agreement seeking to recoup fuel costs in contracts
    Ocean carrier discussion agreement proposes an increase of $400 per 40-foot container to West Coast ports.
  • LA-Long Beach ports approve fuel subsidy program
  • GAO urges HMT review
  • LA-LB boxes weaker
  • New cranes for Mobile
  • CMA CGM sells ship unit
  • Cosco Shipping profit jumps
  • Contship to double box capacity at Italian ports
  • St. Lawrence Seaway opens
  • Contship denies organized crime controls Gioia Tauro
  • Air France-KLM dangles freighter offer for Alitalia

TradeWindsweb site
MARCH 24, 2008
  • Rally buoys US shipping shares
    US-listed stocks post a strong rally across the board, and shipping shares prove no exception in the bullish mood.
  • Mickey mulls surcharge
    Disney Cruise Line considers fuel surcharge but won't levy already-booked passengers.
  • Ruperti dealt blow
    Venezuelan shipowner loses fight to block New York attachment in fraud case.
  • Coast Guard misses mark
    Inspector general's report says the US Coast Guard missed its performance goals on marine safety.
  • Ferc approves Broadwater
    US Federal Energy Regulatory Commission gives conditional thumbs-up to New York FSRU.
  • Marathon runs off with GSL
    CMA CGM offshoot Global Ship Lease snapped up by 'blank-cheque' outfit for $1bn while Flemming Jacobs steps down.
  • 18 missing off Hong Kong
    Ukrainian seafarers feared trapped in hull of tug which sank after collision with Chinese owned bulker.
  • Ship sails after India grounding
    Dubai-operated boxship reaches Kolkata port after steering trouble causes it to ram jetty and ground.
  • Bulk buoys Cosco
    Shanghai-listed owner sees 83% hike in annual profit as bulker and multi-purpose segments boom.
  • APL in Thai-ME link
    NOL liner subsidiary to launch new container service between Laem Chabang and Pakistan.

American Shipperweb site
MARCH 24, 2008
  • CMA CGM to sell ship-leasing division
  • APL launches Thailand/Pakistan/Middle East service
  • Government files complaint over Independence
  • MarAd seeks director for Miami office
  • Rising costs require change in China sourcing strategy, study says
  • Tesco finds Southwest Yanks not so obliging
  • Bigger ships, slow U.S. economy will cool equity funds' terminal buys
  • L.A. port official expects "horrific" volumes for March
  • Oakland approves container tax, short on details
  • Larger ships a threat to feeder, regional ports, terminal operator says
  • Busan New Port to get tandem lift quay cranes through 2011
  • Many vessels fail Calif. oil spill notification inspections
  • Legal bill for Seattle port audit case grows

The Bunker Bulletinweb site
MARCH 24, 2008
  • Oakland approves emissions strategy
    'Bold step' to raise $520 million, will include cold ironing.
  • Bunker market report from Praxis
  • Double-hull barge begins operating in Durban
    Delivery charges climb to reflect fleet upgrade.
  • Bunker prices slide in Asian hub
    Fuel oil follows crude oil market down.
  • Latest catfine warning highlights low sulphur fuel
    Blending low sulphur bunker product can come at 'a quality cost' warns DNVPS.
  • Hong Lam signs chartering pact with Shell
    Singapore's largest barge operator brings in new 8,600 dwt double-hulled bunker tanker.
  • Forecast: Oil to stay in $30 range
    OPEC president predicts oil prices will move between $80 and $110 a barrel.

›››File
FROM THE HOME PAGE
SHIPPING
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
PORTS
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
PORTS
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
SHIPPING
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
SHIPPING
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
PORTS
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
MARITIME SERVICES
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
SHIPPING
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
PORTS
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
PORTS
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
PORTS
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
PORTS
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
PORTS
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
PORTS
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
SHIPPING
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
SHIPYARDS
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
PORTS
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
DEFENCE
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
ENVIRONMENT
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
SHIPPING
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
PORTS
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
PORTS
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
SEAFARERS
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
PORTS
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
TRANSPORTATION
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
INDUSTRY
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
SHIPPING
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
SHIPPING
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
MARITIME SERVICES
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
PORTS
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
SHIPPING
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
SHIPPING
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
PORTS
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
SHIPPING
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
PORTS
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
JOBS
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
PORTS
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
COMPANIES
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
PORTS
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
SEAFARERS
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
MOURNING
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
PORTS
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
MEETINGS
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
PORTS
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
PORTS
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
PORTS
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
INFRASTRUCTURE
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
PORTS
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
RAILWAY TRANSPORT
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
SHIPPING
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
PORTS
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
PORTS
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
MEETINGS
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
MARITIME SERVICES
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
FREIGHT TERMINALS
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
PORTS
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
PORTS
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
PORTS
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
PORTS
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
SHIPPING
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
SHIPPING
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
PORTS
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
PORTS
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
SHIPPING
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
PORTS
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
PROGRESS AND TECHNOLOGY
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
LOGISTICS
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
LOGISTICS
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
PORTS
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
LOGISTICS
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
COMPANIES
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
ASSOCIATIONS
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MARITIME SERVICES
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
MEETINGS
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
PORTS
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
SHIPPING
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
MEETINGS
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
SHIPPING
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
PORTS
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
INDUSTRY
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
PORTS
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
ASSOCIATIONS
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
INTERMODAL TRANSPORT
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
PORTS
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
SHIPPING
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
ACCIDENTS
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
PORTS
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
CUSTOMS
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
INDUSTRY
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
LOGISTICS
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
PORTS
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
PORTS
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
PORTS
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
FREIGHT TERMINALS
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
CUSTOMS
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
FINANCING
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
INTERMODAL TRANSPORT
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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