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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
March 28, 2008
The Business Timesweb site
Shipping News
  • Maritime conference looks at macro issues
    Macro factors were high on the agenda at the Asia Pacific Maritime 2008 Conference. Supply and demand in shipping and the ways in which goods are moved around were among the pressing issues discussed on the opening day yesterday.
  • National Air to pay US$28m to resolve claims
    National Air Cargo Inc, a company that ships supplies to US military bases, agreed to pay US$28 million to resolve criminal and civil claims that it defrauded the Defense Department.
  • Nippon Yusen eyes profit growth on shipping demand
    Nippon Yusen K K, Japan's largest shipping line by sales, said profit will likely gain 17 per cent next fiscal year amid rising sea-cargo traffic.
  • Guangzhou Shipyard shares at 14-month high
  • Russia to lift ban on sea links with Georgia
  • STX Pan Ocean forecasts record gains

Sched Netweb site
  • Shenzhen port box volume up 3.47pc in first two months
  • China foreign trade value up 23pc in first two months
  • Shanghai expects 10 per cent annual container growth
  • Maersk earnings growth shrinks, while CMA CGM's rises in 2007
  • APL to launch Laem Chabang West Asia Express (LWX)
  • Deutsche Bahn gains majority stake in Spain's Transfesa
  • Promising outlook for Malaysia's FMH, 10-20pc growth expected
  • Cathay Pacific expands freighter network to Hanoi, Dhaka
  • Hactl breaks ground on Olympic horse handling centre
  • Great Wall Airlines to fly cargo to Tianjin from Amsterdam, Manchester
  • Four more airlines switch to Changi's Terminal 3

Exim Indiaweb site
  • Plan panel to evaluate viability of waterways coal transport
  • Mercator in talks with Refined Success to charter ship
  • Now, it's Essar Shipping Ports & Logistics Ltd
  • Textile export volumes to US buck greenback blues to post positive growth
  • JNP ranks 24th
  • VPT racing past 64 m tonnes!
  • APM & Rotterdam Port Authority sign R & D pact
  • Baalu's gesture benefits KPT lessees, quake-hit employees
  • Operations soaring at CWC's CFS-Pimpri
  • Rlys to link 4 southern states with high-speed corridor
  • Roars of delight echo in corporate corridors over snaring Jaguar
  • Foreign Trade Policy Analysis: Current Trends-By M. Sreedharan

International Transport Journalweb site
MARCH 27, 2008
  • Jahnke to head Frankfurt Lufthansa Cargo centre
  • Erhart new EuroAirport freight boss
  • Three new lines join Elaa
  • Volga-Dnepr group sales up 50%
  • Korean Air to resume St Petersburg flights
  • North Korea and Russia in joint railway venture
  • Wincanton investing in another WEEE plant
  • France to hamper cabotage through red tape?

Maritime Global Netweb site
MARCH 27, 2008
  • Firms lined up for CO2 transport program
  • Plans for new UK port logistics site approved
  • ABS hands out world's first parametric roll notation
  • Cosco Busan pilot pleads not guilty

Marine Logweb site
MARCH 27, 2008
  • Feds seek huge fines in illegal dredging case

World Wide Shipperweb site
MARCH 27, 2008
  • Washington Governor signs port legislation in Seattle
  • WTSA member carriers to raise bunker fuel surcharge
  • Ports of Seattle/Tacoma plan commission study session
  • Pair of new staffers join Port of Vancouver, USA
  • Steel imports into US fall during month of February

Lloyd's Listweb site
MARCH 27, 2008
  • European shipbuilding solution moves step closer
    FINLAND confirms approach from French government for 'European solution' to cruiseship building.
  • STX ahead of target as it bags $594m VLCC deal
  • Four missing after bulker smashes into bridge
    THE Qinfeng 128 smashed into an unfinished road bridge in east China's Zhejiang province yesterday.
  • Ofer gives record £20m to NMM
    ISRAELI billionaire in largest single donation to a UK cultural institution.
  • Greenwich sees its ship come in
    SAMMY Ofer's '20m donation to the National Maritime Museum in Greenwich will help bring its renowned collections worldwide.
  • Home to all our maritime history
    THE National Maritime Museum has the most important holdings in the world on the history of Britain at sea.

Fairplayweb site
MARCH 27, 2008
  • Norden, Interorient get in dry pool
    DS Norden, the Copenhagen-based listed bulk shipping company, and Interorient Navigation from Cyprus will expand their co-operation from product tankers to dry bulk by setting up two dry bulk carrier pools
  • BAFs edge close to $1,000/40
    CARRIERS in the Trans-Pacific Stabilisation Agreement are raising bunker surcharges across the board to $600 per 40ft from 1 July, or the full formula surcharge level, whichever is lower
  • India relaxes grip on palms
    PALM oil shipments into India are on the rise after the government reduced customs duty on edible oils last week to control price inflation in domestic market
  • Capital Products gets dirty
    CAPITAL Product Partners LP is entering the crude sector through the acquisition of the 159,98dwt double-hulled Amore Mio II
  • Skipped dividend hits Aries stock
    SHARES in Aries Maritime Transport have been hit hard by news that a dividend will be skipped to comply with new terms from its lenders
  • Napoli storm caused $5bn in claims
    CLAIMS from the windstorm Kyrill, whose most famous victim was the MSC Napoli, have now topped $5bn ' the largest in Europe since 1999, according to the TT Club
  • Listening in vain for space message
  • Piracy jeopardises ISPS status
  • Apapa remains closed after riot
  • Two dead, three missing in Java
  • Swee Joo in newbuildings spree
  • Four missing as ship hits bridge
  • Order binge causes crew shortage
  • Shipping can ride US downturn
  • Unions threatening industrial action

The Journal of Commerceweb site
MARCH 27, 2008
  • NYK expects profits to swell by 17%
    Japan's largest shipping line forecast profits to increase 17 percent in the next fiscal year on higher volumes.
  • CMA CGM in U.S. trans-Pac agreement with Maersk
  • NY-NJ to study effect of bridge on port
  • U.S.-Malaysia trade pact to face further delays
  • McCain boosts EU FTA
  • Railroads sued over fuel fees
  • Democrats urge tougher policy on China currency
  • Wallenius Wilhelmsen opens N.-South Amer. route
  • UTi net declines
  • GAC buys U.K. shipping and logistics group OBC
  • Customs Update: Pet food case stirs worries for traders

Containerisation Internationalweb site
MARCH 27, 2008
  • Impasse continues over Greek port privatisation
  • TT Club warns industry over future level of claims
  • Hillebrand toasts carbon footprint reduction of 'wine train'
  • HPH records 15% revenue growth
  • Sao Paulo has big plans for Sao Sebastiao

TradeWindsweb site
MARCH 27, 2008
  • Andersen dismisses job cut fears
    Suggestions of more redundancies at Maersk Line are an absolute misunderstanding, AP Moller boss says.
  • Officials rule out VDR law
    US Coast Guard recommends against requiring voyage data recorders on ferries.
  • OSG 'pleased'
    Morton Arntzen smiles at Fredriksen buy-in but warns against speculation of meetings with the tanker king.
  • Sales lift Attica
    Greek ferry owner sees profits almost double following disposal of ships and shares.
  • Ferry tender brings $26m bid
    Washington State Ferries expresses disappointment with the lone bid from Todd Shipyards.
  • Murmansk closes Varandey
    Russian tanker owner to abandon arctic oil terminal after losing Lukoil deal to Sovcomflot.
  • Tanker estimates cut
    Bear Stearns analyst reduces first-quarter earnings forecasts for US-listed tanker owners as rates miss expectations.
  • Atlantska pushes up profit
    Strong bulker markets meant Croatian owner easily surpassed 2006's earnings last year.
  • Charters buoy Top forecast
    Cantor Fitzgerald analyst lifts earnings estimates for Top Ships after recent bulk carrier fixtures.
  • G Bottiglieri in cape debut
    Mariella Bottiglieri-led owner pens first orders for one-plus-one capesizes at China's New Times Shipbuilding.
  • FreeSeas share issue
    US-listed bulker owner files with US regulators to potentially issue new shares and sell stock belonging to Ion Varouxakis and the Restis family.
  • Coastguard to strike again
    Britain's search-and-rescue service faces another day of disruption.
  • Nordic shy of forecast
    Danish tanker owner embroiled in shareholder battle can't quite match profit prediction for 2007.
  • Four missing off China
    Sixteen crew rescued after cargoship hits bridge under construction near Ningbo.
  • Andersen's axe to fall again?
    AP Moller boss says further job cuts may be on the way despite company's largest ever round of redundancies in January.
  • Hutchison getting bigger
    Hong Kong ports giant hikes profit and throughput in 2007 as expansion continues.
  • GAC buys UK agency
    Middle East giant adds Teesside partner OBC to its growing ranks.
  • Napoli gone by September
    Work to remove stern of beached boxship to begin in May, UK coastguard agency says.
  • Fredriksen sells on minority fear
    Seadrill cashes Odfjell Invest holding in favour of following more attractive investments.
  • Crewman missing
    Search called off for seafarer who fell overboard NIS-flagged cargoship in Baltic.
  • Turkey tug trouble for cruiseship
    Pullmantur vessel grounds near Aegean Sea port in 45-knot winds after one of two tugs suffers fault.
  • CMA CGM takes Maersk slots
    After a tie-up on the transatlantic French liner giant is to take space on rival's transpacific service.
  • Heavyweights get gasses up
    IM Skaugen and Teekay join forces in carbon dioxide shipping push.
  • Ofer in giving mood
    Low-profile shipowner hands over huge '20m donation to modernise National Maritime Museum in London.
  • STX still booming
    Bulker owner tips operating profits to quadruple in the first three months of 2008.
  • More pool depth for Norden
    Danish owner sets up new handysize and post-panamax bulker pools with Interorient and ratchets up profit forecast.
  • NYK banking on boxes
    Japanese giant expects profits to be boosted by nearly a fifth next year as US rates climb and newbuildings hit the water.
  • Union in Daewoo strike threat
    Korean shipyard could face series of "unfortunate events" if workers don't get say in sell-off of state stake.
  • Vroon back at Zamakona
    Expanding Dutch shipowner returns to Spanish shipbuilder for another four field support vessels.
  • BV's marine holds its own
    Shipping and offshore division sees double-digit growth in both operating profits and revenue.
  • Star confirms Gamma fixture
    Akis Tsirigakis-led Star Bulk Carriers secures three years of employment for Supramax.

American Shipperweb site
MARCH 27, 2008
  • ESPMC-WITASS reducing Puerto Cabello congestion charge
  • No fooling: Truckers warn of April 1 shutdown
  • Truck tonnage index remained flat in February
  • Yellow Transportation launches expedited ocean service
  • Aon develops trucking certification program
  • Oops! Pentagon says missile parts shipped to Taiwan
  • Norbert Dentressangle profit dips in 2008
  • Panama Canal reduces reservations to clear traffic
  • APM Terminals, Port of Rotterdam Authority sign cooperation pact
  • Major Chinese container ports volume up 10% in February
  • Strike in Poland enters sixth day
  • Workers strike ports in France

The Scandinavian Shipping Gazetteweb site
MARCH 27, 2008
  • Sirius buys Stockholm tankers
    Sirius Rederi on the Swedish west coast island Dons' has aquired the product carriers Stoc Petrea and Stoc Regina. Seller is Stoc Tankers in Stockholm. The 4,500-DWT vessels were built in Turkey in 2004 and 2005 respectively. On delivery ...
  • Erria's profit grew despite lower revenue
    Erria A/S had a better year in 2007 despite a fall in net revenue. It fell from DKK 81.7 million to DKK 73.5 million, but the net profit grew from DKK 10.8 million in 2006 to ...
  • Swedish Svitzer tug to Danish flag operation
    Em. Z. Svitzer A/S have started the process of re-flagging the Swedish tug Arctic Helios, which during April will be transferred to the Danish fleet under the name of Svitzer Helios. The ship will arrive at Assens Skibsværft ...

The Bunker Bulletinweb site
MARCH 27, 2008
  • Ship operators urged to rethink approach to fuel costs
    Credit risk analyst says fuel surcharges are not a sustainable long-term method for offsetting effect of high bunker prices.
  • Ventrin plans expansion
    New shareholding will see changes in Caribbean supplier's operations.
  • Infineum owners mulling sale
    Study to 'review strategic options' for additives JV.
  • WTSA to roll out quarterly bunker surcharge increases
    Hikes coming as container lines attempt to bring surcharges 'closer in line' with actual bunker price gains.
  • Rotterdam market firm
  • Bunker market report from Praxis (March 26)
  • Another record for Singapore fuel oil stocks
  • Hong Kong: IFO supplies set to tighten
    Traders expect supplies of 380 cst product to remain tight throughout April.
  • Maersk gives more details of floating BAFs
    Floating BAFs will be introduced in phases starting in April.

›››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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