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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
September 25, 2008
The Business Timesweb site
Shipping News
  • S'pore firms should grab Latin American openings
    INVESTMENTS worth US$30 billion over the next five years in port and related infrastructure are up for grabs in Latin America, and Singapore companies should waste no time in getting a piece of the pie for themselves, John Price, managing director of market intelligence services at leading risk consultancy Kroll, told The Business Times.
  • Container firms must act 'to counter slump'
    A UNIQUE set of circumstances comprising escalating financial market turmoil, low consumer confidence as well as rising inflation and commodity prices has rapidly changed the container shipping environment and individual container shipping companies must take urgent action to counter the effects of the current downturn, said NOL container line arm APL's greater China president Dan Ryan at the 2nd Containerisation and Liner Shipping China conference in Tianjin yesterday.
  • Mitsui OSK to beat H1 profit target
    Mitsui OSK Lines Ltd, operator of the world's biggest fleet of bulk carriers for shipping commodities, yesterday said that a weak yen, a fall in oil prices and strong freight rates in the first half could push its April-September profits above its earlier estimates.

Sched Netweb site
  • APL chief calls for action to counter shipping downturn
  • Washington forbids Americans to deal with Iran transport bodies
  • Somalian pirates allow Sinotrans captives to phone home
  • US Customs 10+2 security filing 'days or weeks' away
  • CMA CGM reshuffles Asia-West Med services
  • West coast container ports' August volumes decline
  • Extra capacity added to China-Japan regional trade
  • Chongqing to build bonded free-trade zone in October
  • Cranes to get bigger to keep up with explosive growth in ships
  • Russian Railways first block train from mid-Russia to Rostov
  • Teamsters welcome US vote to bar Mexican trucks
  • American Airlines postpones launch of Chicago-Beijing flights
  • China's air transport growth continues to shrink
  • Lufthansa buys Smiths Detection desktop bomb detectors

Exim Indiaweb site
  • Reducing vessel speed wasteful & costlier, asserts Lloyd's Register
  • Dolphin Offshore bags 2 vessel charter deals
  • Cellular shipping horizon clouded by global slowdown
  • Rising piracy impels INSA to seek prompt govt action to protect seafarers & ships
  • Navy may rush to the rescue
  • Major 2-day maritime event begins today
  • Spain's Port of Ferrol to showcase new container logistics facility
  • Arun Ramanathan appointed Finance Secretary

Maritime Global Netweb site
SEPTEMBER 24, 2008
  • Russia to send warships to Gulf of Aden
  • Good prospects for ROVs
  • APL man says lines must act as downturn bites
  • Golden Ocean raises cash in sale/leaseback deal
  • Approved ballast treatment systems "now available"
  • GL launches new boxship rules
  • Danaos deliveries

Marine Logweb site
SEPTEMBER 24, 2008
  • Yes, there will be a third DDG 1000, maybe
  • Navios blank check start-up has its money in T-bills
  • Security team shots foil attack on MSC oiler
  • Turkish yard offers new handy-size bulker design
  • Rolls-Royce launches new waterjet range
  • Shipowners missing out on fuel savings

World Wide Shipperweb site
SEPTEMBER 24, 2008
  • Workers go on strike at Oak Harbor Freight Lines
  • Emergency Functional Exercise scheduled for today in Seattle
  • Construction changing traffic flow near Portland International Airport
  • Port of Bremerton in line to receive DOC grant dollars
  • US steel imports down during August

Lloyd's Listweb site
SEPTEMBER 24, 2008
  • Hopes of fourth quarter bulk bounce evaporate
    DRY BULK market's hopes for late-year rebound are dashed as uncertainty clouds Chinese steel demand sets up rates to fall further.
  • Transport committee chairman condems port rate hikes
    PORT operators protesting against multi-million pound backdated rates bills have gained a key ally.

Fairplayweb site
SEPTEMBER 24, 2008
  • DNV chief defends Commission
    CONTROVERSIAL remarks by ABS chairman and CEO Robert Somerville, reported earlier this week, have been described as "unjust comments" by DNV Maritime COO Tor Svensen
  • Gunvor faces testing times
    THE RUSSIAN oil trading company Gunvor is facing margin uncertainties as the global oil price falls, and Russian producers respond to a profit squeeze of high taxes and rising costs
  • Going green comes at a price
    MEETING future environmental challenges will provide opportunities for shipbuilders but will come at a cost, warned government ministers from Germany and the Netherlands at a seminar during the SMM exhibition in Hamburg
  • BP considers Caspian investment
    BP is considering selling its stake in the Caspian Pipeline Consortium, and exiting its joint ventures with Russian and Kazakh oil and gas producers
  • Abkhazia seeks sea link renewal
    ABKHAZIA plans to restore direct sea links with Turkey, the breakaway republic's foreign minister has said
  • 17 missing as ship goes down off Macau
    HOPES for the safe return of 17 crew members of a South Korean freighter are fading as their ship was found capsized earlier today off the coast of Macau
  • Aden set for 'war-risk' status
    THE PHILIPPINE government plans to declare the Gulf of Aden a 'war risk area' as part of a set of measures to protect its seafarers against piracy and let them benefit from hazard pay

The Journal of Commerceweb site
SEPTEMBER 24, 2008
  • LA-LB trucks plan clears legal hurdles
    Ports ready controversial anti-pollution plan for October 1 start after program clears initial legal challenges.
  • Fee system delay won't stop LA-Long Beach truck plan
  • Galveston port open
  • APL executive warns of Asia-Europe overcapacity
  • Virginia ports reorganizes marketing, offers buyouts
  • Miami River re-opens
  • U.S. steel imports down
  • OCR speeds Portland gates
  • New scanners for Rotterdam
  • Appeals court affirms Rule B wire transfer attachment
  • WTO: Economic crisis shouldn't derail trade talks

Containerisation Internationalweb site
SEPTEMBER 24, 2008
  • Itaqui back in the box trade
  • Maersk's AE10 back to Dunkirk
  • Slow-steaming: a risk to engine reliability?
  • GL adds seven more box behemoths to its class portfolio
  • Crowley beefs up its equipment

TradeWindsweb site
SEPTEMBER 24, 2008
  • Class divide
    Tor Svensen tells TradeWinds WebTV why Robert Somerville was wrong to pick a fight with the EU.
  • Clash of titans
    Tor Svensen (pictured) and Robert Somerville go head to head after ABS chief stirs up row with the EU.
  • Watch this space
    The man to fill Geir Sekkesaeter's shoes will be unveiled within a month, says Dag Schjerven.
  • Dodging bullets
    Capt Pottengal Mukundan explains how ships can fight off pirate attacks.
  • Call to arms
    Action needed now to prevent attacks from pirates who have no fear of reprisal, Capt. Pottengal Mukundan says.
  • Going greener
    No chance of a lapse in shipping's environmental movement however tight credit gets, says Peter Stockley.
  • Crew feared dead
    Typhoon Hagupit hampers search for 17 crew members of Korean ship found capsized off Macau.
  • Doris deal
    Norwegian owner Wilson snaps up Arno Shipping's boxship to add to sister it acquired in 2006.
  • Gloom from Opec
    Analyst claims cartel's crude output to fall by 800,000 barrels per day this month ' bad news for tanker owners.
  • Dong bond deal
    Vietnamese shipbuilder Vinashin to raise $181m through bond sale and could be in for large steel mill.
  • LNG fuel first
    Norwegian owner Sea-Cargo's new Bharati-built ro-ros will be first in the world to run on LNG.
  • More for Davie
    Penurious Canadian yard secures more vital contract price rises, this time for accommodation ships ordered by Ocean Hotels.
  • Sevmash behind
    Russian shipyard follows Odfjell order fiasco with admission that Gazprom oil platform will be delayed.
  • Top change at BP
    John Ridgway to take reins at BP Shipping as David Baldry steps down as CEO "for personal reasons".
  • No Italian job
    Things get racy in Med as Luka Koper pulls out of JV to manage Trieste terminal due to 'unfavourable' politics.
  • Floro floored
    STX will have to face up to losses of $114m for a newly acquired Norwegian yard in 2006 and 2007.
  • Golden lets go
    Golden Ocean sells kamsarmax newbuilding in China but takes it back on charter for 10 years.
  • Seventh heaven
    Thai owner Jutha Maritime emerges as buyer of Oceania Queen general cargoship ' ship number seven in its fleet.
  • No pain, no gain
    APL executive calls for dramatic action if industry wants to counter a "significant downturn".
  • Yet again
    Another fire breaks out at a Singapore shipyard, injuring worker carrying out welding work.
  • Ill winds
    Hurricanes Ike and Gustav to shave $0.03 per share off Joe Pyne-led tank-barge player Kirby's third quarter earnings.
  • Big chunks
    John Fredriksen adopts Warren Buffet style mentality in acquisition of SapuraCrest shares.
  • Is it fair?
    STX takeover of Aker Yards has Corrado Antonini asking questions, while Fincantieri privatisation is on hold until the spring.
  • Fillip for Cosco
    Cosco Shipyard Group wins newbuilding and conversion deals worth over $250m.
  • Wartsila buys
    Finnish engine builder buys another ship design consultancy, this time in Singapore.

American Shipperweb site
SEPTEMBER 24, 2008
  • APL executive calls for carrier discipline to beat downturn
  • Financial doubt could impact 50% sale of Korean shipbuilder
  • IRISL executive: Carrier will work around U.S. sanctions
  • Danaos takes deliver of two ships
  • Arrests made after Durban container thefts
  • TNT expands international express network in China
  • Truckers call for energy plan
  • CBP seeks recruits for 10+2 system test
  • China files WTO grievance over U.S. duties on steel pipes, tires
  • USDA bans imports of ash plants
  • Sonic names Malamet executive VP
  • DB Schenker to buy Romanian forwarder Romtrans
  • FMC reviews 11 OTI license applications
  • FMC warns SoCal ports to keep commission in the loop
  • SoCal ports approve truck plan financing contracts with Daimler
  • Chiquita enters 11-year lease with Port of Wilmington, Del.
  • Stella! MSC ship breaks box record in New Orleans

The Scandinavian Shipping Gazetteweb site
SEPTEMBER 24, 2008
  • Aker confirms dispute with NCL
    Aker Yards France has confirmed that there is a dispute with Norwegian Cruise Lines about the cost of the first of the 150,000 tons and 4,200 passenger post-panamax F3 newbuildings. "We regret that we have a situation with a ...
  • Pirates released from Absalon
    The pirates held in custody on board the frigate Absalon was released this morning. It turned out that there was no legal ground for the prosecution under Danish law and if they were taken to Denmark they would have been ...

The Bunker Bulletinweb site
SEPTEMBER 24, 2008
  • EPA research vessel diesel spill
    Clean-up operations underway after research ship leaks diesel fuel into US river.
  • Bunker costs 'still remarkably high'
    Fuel represents '70% of APL's operating costs' on transpacific routes.
  • Global bunker marker report
  • Rotterdam market remains firm
  • Asian bunker markets steady
    Prices show little movement following three weeks of almost unprecedented volatility
  • Fuel oil cargoes heading east
    More product booked for Singapore as Middle East differential widens.
  • Norwegian firm in fuel efficiency project
    Project seeks to plot a ship's speed against the power applied to a propeller shaft.
  • United Bunkering & Trading appoints new MD
    UBT trader/manager takes on new role as MD in Singapore and Hong Kong.
  • Sri Lankan bunker suppliers ink tank agreement
    Lanka IOC and Lanka Maritime Services among those who have agreed Sri Lanka Ports Authority's terms and condition.
  • Chimbusco enters Shenzhen to compete with Brightoil
    Chimbusco ends Brightoil's short-lived monopoly in the Shenzhen port region.
  • Sri Lankan firm may buy bunker tankers
    CSC Kandia will start with one tanker, but others could follow.

›››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%)
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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