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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
23:23 GMT+1
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BRIEFS
November 27, 2008
The Business Timesweb site
Shipping News
  • Somali piracy may cost Egypt dearly
    For nearly 140 years, it has been a vital shortcut between East and West, cutting days off the time ships must travel from Asia to Europe or America.
  • Delivery times and cost of goods driven up
    Piracy off Somalia is driving up delivery times for goods and resources and could tighten inventories of vital commodities, ship industry sources said.
  • Spotlight on China maritime industry at Sea Asia
    CHINA'S maritime industry will be in the spotlight at Sea Asia 2009, a regional maritime show scheduled to take place in Singapore next April.

Sched Netweb site
  • China's October ports volume growth continues to slide
  • WB cuts growth from 9.2 to 7.5pc, urges welfare spending
  • NYK holds annual global manning meeting in Tokyo
  • IMO 'Go to sea!' campaign recruits sea officers and women sailors
  • Changsha to Shenzhen fixed rail service launched
  • Maersk unloads its underperforming UK trucker
  • Customs agents in India take hit from economic slowdown
  • Salalah Port orders 42 terminal tractors from Kalmar
  • Ohio hub hit with 283 ABX Air layoffs in DHL-UPS deal
  • Qantas flies direct from Sydney to Buenos Aires
  • China Southern Airlines launches wide range of services
  • Hong Kong airport expands to maintain regional hub rank

Exim Indiaweb site
  • NOL announces cost reduction initiatives
  • IMU ties up with 5 foreign institutes, IIM-A & IIM-B for maritime courses
  • Navy wants UN mandate for 'hot pursuit' at sea
  • China compelling shipyards to pause & take stock
  • OOCL wins InfoWorld 100 Award for tech innovation
  • GE Shipping to sell 2 dry bulk carriers
  • Gangavaram port facilities being tested for formal opening
  • Vallarpadam ICTT will make Cochin Port a strategic location for shipping, says DP World CEO
  • Plunging tonnage to deplete Asian airlines' revenues by 20 pc
  • Drugs exporters wincing at possible doses of non-payments
  • Steel industry calls for CVD on imported products
  • Export duty on Basmati rice under review

International Transport Journalweb site
NOVEMBER 26, 2008
  • Bernhard Simon named family business entrepreneur of the year
  • Two big alliances combine forces in Asia-US east coast trade
  • Crane Worldwide buys four companies

Marine Logweb site
NOVEMBER 26, 2008
  • General Maritime to appeal guilty verdicts in pollution case
  • Atwood gets $280 million credit facility
  • Destroyed mother ship was recently hijacked trawler

World Wide Shipperweb site
NOVEMBER 26, 2008
  • Everett Port Commission Oks 2009 operating budget
  • ATA trucking index falls again in October
  • Memorial service set for Harry Hutchins
  • Corps to begin repairs of Coos Bay North Jetty
  • Evergreen Line plans shipping service changes

Lloyd's Listweb site
NOVEMBER 26, 2008
  • Cargill snaps up capesize for $1,000 per day
    DIRE conditions in the capesize market lead to commodities giant fixing relet vessel at extremely low time charter rate.
  • It's going to get bloody, says Pacific Carriers
  • Chinese yards expect owners to re-negotiate orders
    REQUESTS to alter ship types and agreed prices on existing orders are expected as the shipping industry deteriorates.
  • Nordea boss warns on dry bulk newbuild defaults
    SHIPPING banker Carl Steen says many owners with loan commitments may not be in compliance with their agreements.

Fairplayweb site
NOVEMBER 26, 2008
  • Flood could close Brazil port for months
    IT COULD months rather than days before operations get back to normal at the flood-hit Brazilian ports, devastated by floods and rainfall this weekend, Fairplay learned today
  • GL hails radical redesigns
    GERMANISCHER Lloyd said today a radical redesign of newbuildings should shepherd that market through the credit crunch
  • Ore fall scuppers Oz port project
    IMPROVEMENTS to the Territory Resources facilities in Darwin have been dropped after the slide in iron ore spot prices hit the company's finances and drove its share price down

The Journal of Commerceweb site
NOVEMBER 26, 2008
  • Evergreen Line cutting capacity by merging east-west container services
    Line will merge Asia-Europe, Asia -United States services into one pendulum service with eastbound, westbound legs
  • Vancouver port plans big spending for expansion
  • Nordea Bank calls its shipping exposure "modest"
  • S&P downgrades CMA CGM
  • Weekly increase for container, trailer rail freight
  • Gain for Tokyo boxes
  • Rate hike for UK insurer
  • Nehru charges approved
  • Europe rail deal approved
  • Pacer buys clean fleet
  • German rail facing 'abyss'

Containerisation Internationalweb site
NOVEMBER 26, 2008
  • Alphaliner: 400,000 TEU idle by January
  • US truck index plunges by 3%
  • Tacoma loses Maersk
  • Evergreen merges services to cut capacity
  • ICC calls for the unlocking of liquidity to spur trade

TradeWindsweb site
NOVEMBER 26, 2008
  • Genmar convicted
    A US federal jury finds General Maritime and two officers guilty in a pollution case.
  • US stocks fly
    Shipping stocks proved they are not flightless turkeys, as they soared to extend a three-day winning streak.
  • Rains slam Itajai
    Ships have been unable to call at Brazil's second largest container port after deadly flooding.
  • 'Sell' Excel
    Cantor Fitzgerald analyst downgrades the Stamatis Molaris-led bulker owner's stock over high leverage.
  • Shipyard booster
    Additional NOK 3bn ploughed into GIEK's Building Loan facility to aid unfunded vessels.
  • Poised to survive
    Remi Maritime chief executive says Greek owners are well-positioned to make it through the downturn.
  • Duo in FFA move
    Richard Sayer's Galbraith's and Interdealer broker Tradition launch tanker derivatives desk with Justin King in charge.
  • Driller finds credit
    Rig and drillship owner Transocean lands $1.08bn revolving credit facility with JP Morgan Chase.
  • DFDS cuts back
    Lower nine-month profit leading to job cuts and capacity reductions at Danish ro-ro and ferry player.
  • Pirate queen
    Rich American said to be talking with hijackers who know "gravy train" has reached end of line.
  • Piraeus deal done
    Dockworkers in Greece demonstrate against the signing of a $1.05bn deal for Piraeus boxship terminals by Cosco.
  • Bergen better
    Norwegian shipyard group boosts third quarter earnings and is optimistic for 2009 despite global financial crisis.
  • Golar still short
    John Fredriksen's LNG arm overturns last year's third quarter loss but analysts were looking for more.
  • Bulker buy-back
    Michael Bodouroglou-led Paragon Shipping pressing ahead with a $20m share buy-back scheme.
  • ABG death fury
    Crane accident that killed Indian shipyard worker sparks riot and police intervention in Surat.
  • Hot water
    Two ships held in Japan during October for faults with oily water separators.
  • Wrong target
    Indian navy sank Thai fishing vessel being hijacked, not "mothership" in nervy Gulf of Aden.
  • Evergreen rejigs
    Taiwanese container line brings in extra 5,300-teu vessel as it reorganises Europe/Asia/US runs to cut bunker costs.
  • Waved through
    French offshore player GGG Veritas kicking off offer for Wavefield Inseis after Oslo Bors okayed deal.
  • Worker killed
    Man dies at STX Europe's Turku shipyard in Finland after being crushed against lift.
  • SpeedFerries fails
    Administrators unable to find buyer for bankrupt Dover to Boulogne operator, which will now go into liquidation.
  • FMM funds MPSVs
    Brazilian development bank approves $122m loan for four multipurpose platform supply vessels.
  • Bunker crisis?
    Fears grow that South Africa will be unable to meet demand for fuel from ships diverted away from piracy in Gulf of Aden.
  • Hurt goes on
    Struggling Norwegian ferry and cruise player Hurtigruten racks up nine-month loss as financial restructuring continues.

American Shipperweb site
NOVEMBER 26, 2008
  • DeTrenck: Container business weakness to persist until 2010
  • Marshall Islands registry grows
  • MarAd creates high school curriculum
  • Evergreen reshuffles services
  • OSG pollution fines total $37 million
  • Matson raising Hawaii rates and THCs
  • "K" Line, partner take delivery of LNG carrier
  • Protesters take control of Bangkok airport
  • CBP checks more "empties" on SW border
  • Obama: National priorities should guide infrastructure investment
  • U.S. rule heightens view of railed hazmat
  • Maersk affiliate signs lease at Dallas Logistics Hub
  • Ex-Im Bank takes action to boost exports
  • OECD countries affirm commitments to free trade, aid
  • Korean retailers stock U.S. beef
  • U.S. consumer spending drops 1%
  • Software provider reports higher earnings
  • FMC reviews 2 OTI license applications

The Scandinavian Shipping Gazetteweb site
NOVEMBER 26, 2008
  • Norwegian shipping company buys British bulker bargains
    The Norwegian shipping company Viken Shipping confirms that it has bought five bulk carriers from the bankrupt shipping company Britannia Bulk, Lloyds List reports. The price for the five vessels is not disclosed but according to brokers, Viken Shipping paid ...
  • Yemeni ship captured
    Somali pirates has seized a Yemeni bulk ship loaded with 507 ton of steel. The vessel was captured off Somalia and has now been brought to the coast for ransom negotiations, reports several international news sites. According to Lloyd's List ...

The Bunker Bulletinweb site
NOVEMBER 26, 2008
  • Ferry to use blended fuel
    Hybrid commuter vessel reportedly emits ten times fewer emissions.
  • Container line in move to reduce bunker bill
    Evergreen to merge two of its east-west services.
  • Bunker costs up in Q3
    European operator says not all the increases could be passed to customers.
  • Bunker demand 'being destroyed'
    Asia supplier says sales volumes down 20% to 30%.
  • Calls for sales tax on bunker fuel
    US environmental group says tax would help limit air pollution in ports.
  • Singapore prices soften mid-week
    Prices in most other key Asian ports also down.
  • East Asian port faces supply disruption
    Traders in Manila unable to offer 380 cst bunker product.
  • AADA to further cut bunker surcharges
    Reduction reflects lower bunker prices.
  • Progress in Indian bunker terminal project
    Construction scheduled to start around the middle of 2009

›››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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