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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
14:43 GMT+1
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BRIEFS
August 26, 2008
The Business Timesweb site
Shipping News
  • Cosco H1 profit rises 11% on surging China exports
    Cosco Pacific, Asia's third- largest container-terminal operator, boosted first-half profit by 11 per cent as China's surging exports of toys, furniture and clothes fuelled sea-cargo traffic.
  • Posco plans to buy assets in Ukraine
    South Korea's Posco, the world's No 4 steelmaker, may buy iron ore, steel mill and shipyard assets in Ukraine, as it looks to reassure investors who have questioned its potential acquisition of Daewoo Shipbuilding.
  • Guangzhou Shipyard H1 profit up 15%
    Guangzhou Shipyard International Co., a unit of China's biggest shipbuilder, said that first-half net income increased 15 per cent as rising demand for vessels allowed it to increase contract prices.
  • Fuel costs play key role in US helicopter re-bid
  • Pakistan lorry driver strike continues

Sched Netweb site
  • Cosco Pacific profit rises 11pc on revenue increase of 10pc
  • MSC to launch revamped N/C Asia-Australia service
  • ASC calls for see-through anti-trust law
  • SC ports profit despite 10pc box loss while rival Savannah boxes up 15pc
  • APL joins India Linx in weekly rail service to Mundra
  • DP World forms joint venture to build box terminal in Vietnam
  • US apparel importers threaten boycott of Uzbekistan cotton
  • Ceva Logistics takes Monster Cable supplier award
  • Singapore deploys world's first airport foam fire-fighting vehicle simulator
  • SriLankan Airlines one-off sale brings profit despite crippling fuel bills
  • ABC heavylift carrier delivers 'heavy metal' to Moscow

Exim Indiaweb site
  • Maersk Line upgrades Asia-Australia service & calls it 'Boomerang'
  • NYK revamps ANS service
  • ...bolsters feeder capacity on Port Said-Ashdod route
  • CSAV Norasia to add Lisbon call on ANE service
  • CMA CGM invests in Port of Tianjin
  • UASC orders nine 13,000-TEU boxships
  • Luka Koper vibing well with Tianjin port
  • Hamburg Süd to add 5th Brazil port of call
  • Southampton port plays host to 9,600-TEU CMA CGM giant
  • SITC offers new S. Korea-China-Vietnam service
  • Cosco invests $ 1.4 billion in new shipyard in Dalian
  • Firms passing green costs down the line-survey
  • Port of Dalian volumes up by 23.8 pc in H1
  • Govt urged to sign maritime labour convention early
  • DP World Cochin moving import TEUs to pvt. CFSs for now to ease terminal congestion
  • Virginia Port offers ex-im trade an effective & efficient gateway to sprawling US market
  • Port cities found polluted by ship emissions
  • Gang of cargo thieves nabbed in Navi Mumbai
  • IMC panel to identify W. region's bottlenecks in transport infrastructure
  • Rlys draws up Rs 650-cr. connectivity plan for Southern Ports
  • Warehousing sector to become $ 55 bn industry by 2010-11-Report
  • Sophisticated perishables cargo complex to come up at Hyderabad airport
  • Inflation up to 12.63 pc
  • Commerce Ministry aims merchandise exports worth $ 660 bn by 2015
  • Manufactured goods export dip rattles Fieo
  • Hike in cotton MSP will cripple textile industry-CITI

International Transport Journalweb site
AUGUST 25, 2008
  • Time:matters to handle spare parts for Siemens Healthcare

Marine Logweb site
AUGUST 25, 2008
  • Court affirms Jones Act eligibility of Aker Philly and NASSCO tankers
  • Harvey Gulf buy out closes
  • MAN Diesel acquires Metalock Denmark
  • Coalition steps up antipiracy efforts

World Wide Shipperweb site
AUGUST 25, 2008
  • Greenbrier unhappy with DEQ for fines against Gunderson
  • Merchant Marine acadamies sending graduates into workforce
  • Port of Olympia tours part of annual Harbor Days celebration
  • Sea-Tac Airport earns environmental award
  • Maritime academy training ship rescues two stranded fishermen

Lloyd's Listweb site
  • Frontline tanker contract with Indian yard scrapped
    REASONS for cancelling deal for four chemical tankers said to centre on increased raw material costs and work delays.
  • Cosco Pacific's bet on overseas ports pays off
    THE company says its overseas operations will account for more of its volume, which rose to drive profit up 11% in first half.

Fairplayweb site
AUGUST 25, 2008
  • Warships mount pirate defence
    Warships and aircraft from the Combined Maritime Forces will now patrol the Gulf of Aden in an attempt to create a stronger deterrent to pirate attacks
  • Oceanaut finally writes check
    BLANK-cheque company Oceanaut has entered a definitive agreement to buy four bulkers from Irika Shipping after its earlier Restis deal collapsed
  • Iranian port ops on block
    NEARLY half of Iranian port and container terminal operator Tidewater will be sold as a block on the Tehran Stock Exchange
  • Iranian bulker hijacked
    DETAILS have been made public about last week's hijacking of an Iranian-flagged bulker near the Gulf of Aden

The Journal of Commerceweb site
AUGUST 25, 2008
  • ILWU caucus approves new contract
    Union caucus members vote unanimously to send tentative six-year contract to rank-and-file members for ratification.
  • Trans-Pacific fuel surcharge headed for record level
  • Rotterdam set to break ground on 8.5M-TEU project
  • US fines firm $90,000 for unlicensed exports
  • Jaxport re-opened, Savannah back to normal operations
  • NY-NJ marine terminals to close for Labor Day
  • Hanjin expands Thai feeder
  • TNT opens Vietnam link
  • NYK charters product tanker
  • Russia drops WTO accords
  • Hong Kong tops Memphis to lead cargo airports

Containerisation Internationalweb site
AUGUST 25, 2008
  • NOL may be blocked from Hapag-Lloyd purchase
  • Auckland's audacious Tauranga bid
  • Tragic death of dockworker at the Port of Oakland
  • US West Coast contract deal passes another hurdle
  • UK Coastguard staff continue strike action

TradeWindsweb site
AUGUST 25, 2008
  • Dismissal tossed
    Appeals court rules cruise contract time limit doesn't halt cruiseship passenger's case against Holland America Line.
  • Ghana-bound
    Vanco and Lukoil tie up drillship being upgraded to operate in 2,000-metre depths.
  • Wait ended
    Gabriel Panayotides' blank-cheque outfit Oceanaut scoops $352m quartet to end long hunt for tonnage.
  • Frontline to split
    John Fredriksen-led tanker owner hopes to boost trading liquidity with a five-for-one share split.
  • Big one for Scan
    Oslo-listed Scan Geophysical bags its biggest deal yet in seismic survey contract for Venezuelan oil company Pdvsa.
  • $40m navy deals
    Naval shipyards tap Oslo-listed Dockwise to move helicopter carriers and nuclear submarines.
  • Fatality confirmed
    MISC says Filipino's death on hijacked ship "an accident" as IRISL ship revealed as seized Iranian bulker.
  • Gdansk port row
    US and Canadian investors in a Polish port terminal project are seeking $183m in damages from the Gdansk port authority.
  • Off-hire extended
    Peter Georgiopoulos-led Genco says a bulker involved in a collision will reamain off-hire for 40 days.
  • Dof deal in doubt
    Plans to buy Dof Subsea and reshuffle group on the ropes due to turbulent financial markets.
  • Three down
    George Kassiotis-led Omega ties up third new product tanker on a long-term deal with NYK.
  • NYK ship death
    Elderly port worker struck by falling container and tossed overboard Japanese ship in Port of Oakland.
  • Aon buys Benfield
    UK-based reinsurance broker has been snapped up by US rival in $1.75bn acquisition.
  • Axel moves up
    Shipowner brings in banker as CEO as Axel Eitzen steps into working chairman's seat.
  • Suez hits record
    Strategic canal bags revenues of $490m in July to surpass May's high as more ships transit.
  • Bunkers bite
    High fuel costs see Hurtigruten almost double fuel surcharge as second-quarter profit dives.
  • Another drill deal
    Once again a mystery US owner rocks up to Samsung Heavy with $639m drillship order.
  • Cosco Pacific rises
    Hefty container-leasing activity and investments send profit up at Hong Kong's Cosco Pacific.
  • Going halves
    Keppel and Fred Olsen Energy agree to split outstanding costs in rig conversion dispute.
  • Funds for Neptune
    Australian offshore engineering outfit agrees debt financing for AHTS acquisition.
  • RCL inks finance
    Thailand Regional Container Lines arranges funding for Rickmers acquisitions.
  • Getting protective
    Germany is preparing a draft law aimed at fending off undesired foreign takeovers.

American Shipperweb site
AUGUST 25, 2008
  • Zim adding Genoa call
  • Taiwanese shipper pays $90,000 to settle U.S. export violations
  • CBP publishes interim rules for softwood lumber imports
  • Duke adds Savannah properties
  • L.A. port offers incentives to truck plan applicants
  • Knight, Swift to join L.A. truck plan
  • COSCO Pacific reports rise in profits
  • Virginia port consolidates container operations
  • House will hold hearings on New Orleans oil spill

The Scandinavian Shipping Gazetteweb site
AUGUST 25, 2008
  • Piracy off Somalia out of control
    The piracy in the Gulf of Aden off Somalia is out of control, according to the International Maritime Bureau, IMB. In only 48 hours four large merchant ships have been hijacked, one of these is the Malaysia-flagged palm oil ...
  • Akselsen new head of the Norwegian Maritime Directorate
    The Norwegian government has appointed Olav Akselsen as new director of the Maritime Directorate. The Norwegian Shipowners' Association (NSA) supports the decision. ' Olav Akselsen knows the industry very well. The Norwegian Shipowners' Association considers Akselsen as well qualified and suitable ...

The Bunker Bulletinweb site
AUGUST 25, 2008
  • Dislodged fuel tank causes disruptions
    Barge and bunker operators warned to be alert as massive old fuel tank lodges itself into the Mississippi.
  • Russia preparing to cut export duties
    Fuel oil export tax set to fall from record levels.
  • Asia faces 'tightening' fuel oil market
    Traders say region will be competing with Mideast for European cargoes.
  • High bunker costs blamed for losses
    Norwegian ferry operator set to increase its bunker surcharge.
  • Supplies of 180 cst product resume
    Supply available at Mundra and other ports in Gulf of Kutch, local supplier says.
  • Soft start to week for Singapore bunkers
    Demand down despite soft bunker prices.
  • Rotterdam market quiet
  • Singapore's Q2 trade index grows on petroleum sales
    Wholesales of petroleum products, ship chandlers and bunkering post gains.
  • 'Confiscated' bunker tanks to be shared
    Local port authority offers bunker tank farm as 'common user facility'.

›››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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