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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:14 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
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
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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