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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
12:10 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
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
PORTS
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
SHIPPING
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
PORTS
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
SHIPPING
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
PORTS
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
PORTS
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
SHIPPING
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
PORTS
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
SHIPPING
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
PORTS
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
DEFENCE
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
SHIPPING
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
PORTS
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
PORTS
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
PORTS
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
ACCIDENTS
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
PORTS
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
PORTS
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
LOGISTICS
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
PORTS
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
SHIPPING
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
SHIPPING
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
SHIPPING
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
PORTS
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
ACCIDENTS
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
PORTS
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
PORTS
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
PORTS
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
SHIPPING
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
SEAFARERS
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
CRUISES
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
LEGISLATION
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
ASSOCIATIONS
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
LEGISLATION
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
SHIPPING
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
LOGISTICS
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
PORTS
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
SHIPPING
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
PORTS
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
PORTS
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
INFORMATION TECHNOLOGY
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
MEETINGS
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
ASSOCIATIONS
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
FREIGHT TERMINALS
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
SEAFARERS
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
PORTS
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
PORTS
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
PROGRESS AND TECHNOLOGY
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
LAW
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
PORTS
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
PORTS
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
FREIGHT TERMINALS
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
LOGISTICS
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
RAILWAY TRANSPORT
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
LOGISTICS
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
COMPANIES
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
PORTS
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
SHIPPING
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PORTS
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
COMPANIES
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
OFFSHORE
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
SHIPPING
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
ASSOCIATIONS
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
FINANCING
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
PORTS
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
PORTS
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
NEWS
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
PORTS
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
PORTS
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
NEWS
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
INTERMODAL TRANSPORT
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
PORTS
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
MEETINGS
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
PORTS
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
OFFSHORE
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
LEGISLATION
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
RAILWAY TRANSPORT
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
SAFETY & SECURITY
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
PORTS
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
LOGISTICS
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
OFFSHORE
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
PROGRESS AND TECHNOLOGY
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
SAFETY & SECURITY
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
PORTS
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
COMPANIES
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
PORTS
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
PORTS
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
PORTS
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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