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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
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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
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
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%)
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.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
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
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
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
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
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%
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
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
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
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
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
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
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
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
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
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%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
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
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)
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
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
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%.
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
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
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
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
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
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
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
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
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
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
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"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
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
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"
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
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
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
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
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
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%
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
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
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
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
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
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
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
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
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
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
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
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
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"
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
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
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
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%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
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
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
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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