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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:18 GMT+1
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BRIEFS
July 28, 2008
The Business Timesweb site
Shipping News
  • Japan shipping lines lift H1 outlook
    Japanese shipping lines Nippon Yusen KK and Mitsui OSK Lines booked solid gains in quarterly profits on strong demand for bulk shipping of commodities, with Mitsui lifting its full year forecast by 7 per cent.
  • California rule calls for ships to use cleaner fuels
    Ships off California's coast will be required to use cleaner- burning fuel to limit diesel exhaust under new regulations adopted by the state air board.

Sched Netweb site
  • MOL box shipping inches ahead, but can't beat rocketing fuel costs
  • NYK profit up 54pc, but the credit goes to bulk carriers
  • Hutchison consortium outbids Cosco for Greek box terminal
  • New CSCL-Maersk CMIX service calls at Shekou CT
  • Fesco acquires 50pc of Vladivostok Container Terminal
  • Georgia Ports Authority opens office in Ho Chi Minh City
  • Sri Lanka's Dilan Trailer Manufacturing to export container trailers
  • Super-charged electrical plant makes Maersk's latest 18 new containership special
  • Hong Kong government approves Cathay Pacific fuel surcharges
  • Forwarders call for revamped cargo screening
  • FedEx flies dinosaur fossils from Pittsburgh to Tokyo show

Exim Indiaweb site
  • Shipping bodies seek early release of Indians held in Korea
  • OOCL's Global Data Centre receives ISO 27001 certification
  • Cabinet panel clears way for SCI to acquire 4 Panamax bulk carriers
  • Bhatia Shipping opens Gandhidham office to handle Kandla & Mundra operations
  • MPSEZ makes grand entry into 'C-40 World Ports' with green footprint
  • DP World reaffirms commitment to Bangalore's ex-im trade
  • Jindal group in talks to set up deep-sea port in Bhadrak, Orissa
  • G. J. Rao takes charge as TPT Chairman
  • Upbeat GDL reports good all-round growth in Q1
  • Fieo chief anticipating hike in CRR, repo rates

International Transport Journalweb site
  • Etihad Crystal Cargo expands Asia-Pacific team
  • 80th anniversary of Maersk Line
  • Etihad to launch flights to Kazakhstan
  • Polzug expands rail terminal in Wroclaw
  • Kuehne + Nagel in Greece
  • 2008 Fiata World Congress, Vancouver (Canada), 23-26 September

Maritime Global Netweb site
JULY 25, 2008
  • Eight feared dead after tanker blast
  • Mississippi closure extended
  • California sets tough emissions rules
  • CMB profit down

Marine Logweb site
JULY 27, 2008
  • USCG opens two post-spill decontamination sites

World Wide Shipperweb site
JULY 25, 2008
  • Tital Salvage removing last NEW CARISSA wreckage
  • ACP taps Willis Limited as expansion insurance advisor
  • Northrop Grumman wins navigation package contract
  • Corps set to dredge Columbia River mouth
  • Rail freight count sees up/down week

Lloyd's Listweb site
JULY 25, 2008
  • US west coast labour contract 'very close'
    AGREEMENT on new labour contract covering 26,000 dockworkers could be signed as soon as this weekend.
  • Progress in US west coast labour talks

Fairplayweb site
JULY 25, 2008
  • Cost of Mississippi spill mounts
    THE CLOSURE of nearly 100 n-miles of the lower Mississippi River because of a huge oil spill is costing the five Louisiana ports upwards of $275M a day
  • Eight killed in blast on LPG ship
    EIGHT people were killed and four injured in an explosion and fire on a gas carrier under repair in Greece, the Greek shipping ministry said today
  • First suit filed in Mississippi spill
    THE FIRST of many lawsuits expected in the Mississippi River oil spill was filed today
  • Yard steel costs seen rocketing
    STEELMAKERS expect a huge increase in raw material costs in the coming year, Fairplay 24 has learned

The Journal of Commerceweb site
JULY 25, 2008
  • UPDATE: ILWU upbeat, PMA irked
    Employers criticize dockworkers' expanding slowdown even as the union says a contract is "within reach."
  • Environmentalists plan to intervene in clean-trucks lawsuit
  • CARB presses on with emissions rules
  • Lower Mississippi River reopens to limited traffic
  • TWIC enrollments top 400,000
  • Obituary: Rick Rude, Jones Act lawyer, 59
  • Matson profit falls 4 percent
  • Onetime charge hits BNSF profit
  • Japanese lines post mixed results
  • Former LA harbor commissioner convicted
  • TWIC comes to Long Island

Containerisation Internationalweb site
JULY 25, 2008
  • Has the oil bubble burst?
    Just two weeks ago (July 11) the price of crude oil soared to another record of USD147 per barrel. Speculators ' ably assisted by Opec ministers' refusal to talk down the price ' were in charge of the lunatic asylum and the world's economies suffered. But now with the price having come of that frightening peak by more than USD20 per barrel, does this mean long overdue good news for the beleaguered global transport industry?
  • Lower Mississippi blocked after collision
  • 25/07/2008 North America Services
  • A tough Q1 for Japanese big three in box market
  • Prince Rupert H2 volumes up 11%
  • Seatrade mops up EWL
  • Global chain reliability project launched

TradeWindsweb site
JULY 25, 2008
  • Captain in custody
    Master detained following deadly blaze on Greek-operated tanker.
  • Death toll rises
    Greek gas ship blaze claims another two victims taking the total number of fatalities to eight.
  • Water works
    Liquidity rises as plan to ship glacial water in bulk starts to come on-stream and a hedge fund goes with the flow.
  • It's quotes time
    An Israeli has a thirst for some yards while Subic Bay defends its casualty count.
  • More, more, more
    Jinhui's lust for newbuildings continues with $50m supramax order in Japan.
  • Greek gifts
    Sri Lanka's state Ceylon Shipping teaming with Pyrros Vardinoyannis on shipowning and bunkers.
  • Surcharge cleared
    Canadian authorities okay BC Ferries' fare add-on to combat rising bunker bills.
  • Greek tragedy
    Gas tanker explodes: six killed and two still missing.
  • Talk ain't cheap
    Elders said to be negotiating release of Stella Maris will need "reimbursement" from ransom money.
  • CSC profit up
    Chinese tanker, bulker owner Changjiang Shipping Corp pushes up earnings by 83% in first half.
  • Child porn found
    Two Filipino crew of Greek tanker charged over alleged porn find at Canadian port.
  • Go-slow spreads
    "Coffee-break" action by west coast dockers spills over into Oakland as contract talks stretch four weeks past deadline.
  • PGS posts record
    But president Jon Erik Reinhardsen says the figures did not match expectations.
  • Viking raid
    Clipper doubles holding in Eitzen Chemical with potential $37m swoop for the owner's stock.
  • Bulker boost
    Japan's number two owner MOL pushes up first quarter profit on back of dry cargo boom, while tankers decline.
  • Sulpicio scrutiny
    Philippines president Arroyo orders immediate re-inspection of owner's ferries in wake of Princess of the Stars sinking.
  • NYK surges
    Chinese coal and iron ore imports fuel soaring first-quarter profit at Japanese owner.
  • Fesco runs ro-ro
    Russian owner starting new link from Vladivostok to Hamada in Japan.
  • DCI to build
    Dredging Corp of India in talks to found shipbuilding venture with BEML.
  • K Line hobbled
    Japanese giant hamstrung by higher fuel costs in first quarter despite better freight rates in most sectors.
  • FSL ups divi
    Singapore shipping trust sees profits dip 9%, but shareholders set for higher payout.
  • Citi cuts RCCL
    Investment bank reduces estimates and target price for cruise company on fuel concerns.
  • Mosvold inks rigs
    Norwegian shipping group opts for pair of jack-up drilling units at Sharjah yard.
  • FSO first
    Cosco Shipyard Group completes first floating, storage and offloading (FSO) unit.

American Shipperweb site
JULY 25, 2008
  • "K" Line first quarter revenue up, but profit down as oil costs mount
  • NASSCO begins construction of tanker
  • Byrd enters 7th Fleet
  • YRC swings back to modest profit
  • Lower Mississippi River traffic remains halted
  • Plan to divert diesel exports to domestic market mooted in India
  • Survey finds growing interest in "green" transport
  • SEKO expands at New York's JFK
  • Rude, advocate for domestic shippers, dead
  • ILA professes support for ILWU
  • New York studies how to cope with cargo growth

The Bunker Bulletinweb site
JULY 25, 2008
  • Crude leads Houston bunkers down
    US Gulf port defying firming trend seen in other major ports.
  • Limited ship traffic on Mississippi
    Coast Guard allowing some movement as clean up extends to 100-mile stretch.
  • Yard ready to deliver more bunker tankers
    Newbuilds under construction could be fitted as bunker tankers 'if there is sufficient market interest'.
  • Shipping company blames bunker prices for fall in earnings
    Horizon Lines says further sharp increases in bunker prices will 'pressure' financial performance.
  • August fuel oil inflows remain low
    Singapore-based traders predict 'tight' Asian fuel oil market.
  • Global bunker market report
  • New marine lubes service on Kerch roads
    Barge offering bulk lube supply as well as marine fuels.
  • Refiner sees fuel oil prices as 'weak'
    SK Energy says cracking margins have been at an historic high.
  • Rotterdam bunker market firming
  • Singapore, Hong Kong markets end the week firm
    Bunker prices in Singapore rose on Friday, after falling $51.50 in two days.
  • Fitch stays positive on Sri Lanka's John Keells
    But warns of higher risk if bunkering business no longer a key contributor to cashflow.
  • K Line's profit down on high bunker costs
    Higher freight rates unable to absorb surging bunker costs, company says.
  • Rolls-Royce selling more efficient engines
    Soaring fuel costs and environmental pressures driving the trend.
  • New Sri Lankan firm gets bunkering licence
    Firm is JV between Sri Lankan carrier and Greek shipping company.

›››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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