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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
November 28, 2008
The Business Timesweb site
Shipping News
  • Baltic dry index falls to 22-year low
    The Baltic Exchange's chief sea freight index for dry commodities trade dived to a 22-year low on Wednesday, weighed down by a collapse in demand and trade credit issues, industry sources said.
  • Half of commodity shipping lines seen breaching loan terms
    Half of commodity shipping lines are likely to breach loan terms in the months ahead as rental rates and vessel prices fall, according to Nordea Bank AB, the world's largest arranger of loans to the industry.

Sched Netweb site
  • Evergreen joins two services into one US Asia EU loop
  • Grand Alliance revises service after joining NWA's NYE
  • Matson hikes rate 3.9pc on Hawaii service, increasing THC
  • Shenzhen Qianhai Bonded Port Area gets state approval
  • Costa Container Lines rebranded under Hamburg Sud name
  • Vladivostok to commission container terminal December 10
  • Container terminal reliance on high technology increases
  • Hellmann Worldwide Logistics integrates with INTTRA Link
  • Bangkok airport seizure costs air cargo US$28 million a day
  • Zhuhai Airport newest, 10th airline provides Tianjin service
  • DHL wins green supply chain, airfreight forwarder awards
  • Chongqing Airport to launch service to Cambodia in December
  • Abu Dhabi Aviation acquires 95pc of Maximus Air Cargo
  • Halifax airport freeze on cargo flights, thaw for seafood shippers

Exim Indiaweb site
  • SAL names 3rd heavy-lift vessel m.v. Trina
  • Chinese dredger for deployment in Hooghly identified
  • More shipping cos seen capsizing
  • Balmer Lawrie's warehousing facility at Coimbatore ready for business
  • Contract violations & delayed payments mark coir export scenario
  • Excise duty may be based on plant capacity instead of production
  • Corp India screams for tougher laws, leadership

Maritime Global Netweb site
NOVEMBER 27, 2008
  • Coral Sea master cleared
  • Shipping industry calls for UN action
  • IMO chief's "grounds for concern"
  • Genmar to appeal magic pipe convictions
  • K Line's new LNG carrier
  • Ports agree green framework
  • Evergreen rejigs transpacific services

Marine Logweb site
NOVEMBER 27, 2008
  • Keppel O&M in rig cancellation talks

Lloyd's Listweb site
NOVEMBER 27, 2008
  • British shipowner dies in Mumbai terrorist attacks
    ANDREAS Liveras was among those killed in last night's terrorist outrages in Mumbai at the Taj Palace hotel.
  • Greek court overturns Laptalo drugs sentence
    CROATIAN reefer master is found innocent of drugs trafficking offences and will walk free after spending 17 months in jail.
  • Itajai in race to reopen after floods ruin berths
    BRAZILIAN president Luiz Inacio Lula da Silva met port executives today to discuss the reconstruction of the port of Itajai.

Fairplayweb site
NOVEMBER 27, 2008
  • Captain cleared in drug appeal
    CAPTAIN Kristo Laptalo has been sensationally cleared of cocaine smuggling on appeal in Greece, the International Transport Workers' Federation said today
  • Ship tie reported in India attacks
    INDIAN coastguards today reportedly boarded a ship suspected of involvement in last night's mass attacks in Mumbai
  • Kremlin-watching intensifies on oil
    RUSSIAN Deputy Prime Minister Igor Sechin is trying to revive oil trade profits by cutting export duties below the level favoured by other ministers
  • Genmar unit convicted in Texas
    GENERAL Maritime Management (Portugal) and two crewmen have been convicted by a federal jury in Texas of lying to the Coast Guard about oil records
  • Szczecin yard saved until December
    POLAND'S troubled Szczecin shipyard is to be given extra funding to keep production going until mid-December
  • Russia-Venezuela accords signed
    RUSSIA and Venezuela have signed co-operation accords that address shipping, oil and shipyards

Containerisation Internationalweb site
NOVEMBER 27, 2008
  • ICG to benefit from low fuel prices and depressed charter market
  • Woolies' fall in the wash of the downturn
  • In-cab transport management for UK box trucker
  • US CBP releases interim 10 + 2 rule
  • Africas PMAESA calls for adoption of MOU to beat piracy

TradeWindsweb site
NOVEMBER 27, 2008
  • Nordic not happy
    Danish tanker owner says it wants to up its sale and purchase activity after posting unsatisfactory nine month results.
  • Can FRO keep up?
    John Fredriksen's tanker company is on course for a bumper third quarter, but analysts say its VLCC earnings will fall short of its rivals.
  • Yacht chief killed
    Yachting entrepreneur, Andreas Liveras, murdered by Islamic terrorists as maritime conference is stormed during Mumbai attack.
  • Terror ship probe
    Indian navy board ship tied to Mumbai attacks as rumours circulate that a Greek shipowner has been shot.
  • Laptalo freed
    Reefership master jailed in Greece on drug-smuggling charges freed by appeal court.
  • NOK too bad
    Norway's Farstad Shipping scoops NOK 100m contract extension for two PSVs.
  • Eimskip cuts
    Credit crunch leads to lay-offs, salary drops and capacity reduction for Icelandic line as imports plunge.
  • Cargoship sinks
    One crewman dead and three missing after Mark Jason 1 battered by huge waves off northern Philippines.
  • Done deal
    San Francisco's Golden Gate Bridge ferry company snaps up two Washington state vessels for $4m.
  • Idle brace sold
    Martin Nordaas-led PetroProd offloads two sitting units to help clear its debt.
  • Petromin for sale
    Romanian government tries again with privatisation of domestic bulker owner.
  • BW sells one
    Jan Haakon Pettersen-led owner secures $10m profit following sale of ageing vessel.
  • Lasco on the up
    Rate recovery in third quarter lifts Latvian products tanker owner's year-to-date profit.
  • Not watching
    General cargoship collided with trawler off Scotland because watch officer more interested in correcting charts, report finds.
  • Low expectations
    Canadian owner BC Ferries expects profit to keep falling in near term as it ploughs cash into fleet renewal.

The Scandinavian Shipping Gazetteweb site
NOVEMBER 27, 2008
  • DFDS cuts back shore-based organisation
    The DFDS Group has started to cut back the staff at its offices ashore due to the financial situation. According to the Q3 report, its operating profit dropped 23 per cent to DKK 828 million for the first nine months ...
  • Record low for a capesize
    The Baltic Exchange average time charter rate has hit its al-time low since the beginning of reporting in 1999. Yesterday, the time charter rate was USD 2,773 per day, down USD 456 in one day. At the same time ...
  • Norway boosts guarantees to shipbuilding
    The Norwegian export credit agency GIEK has had its credit facility boosted by the government by NOK 50 billion added to its previous NOK 60 billion. NOK three billion will be used to finance newbuilding projects at Norwegian shipyards, giving ...

The Bunker Bulletinweb site
NOVEMBER 27, 2008
  • French port hub bracing for strike disruptions
    Strikes could upset bunkering logistics.
  • Falling bunker prices lift profits
    Shipping company sees profits rise but warns of decline 'in the nearest future'.
  • High bunker costs still taking a toll
    Norwegian ferry operator blames bunker prices and passenger numbers for fall in profits.
  • Shipping group 'monitoring' fuel efficiency
    Moller Maersk wants to create a culture of 'fuel efficiency'.
  • Bunker prices up on crude oil gains
    Singapore prices for 380 cst material at an 11-session high.
  • Residual fuel stocks down
    Onshore inventory levels drop in the week ending November 27.
  • Indian supplies to resume mid-December
    No avails of 180 cst product in Mundra, Kandla, Sikka and Vadinar.
  • Fishermen welcome falling bunker prices
    Fishing company says 'fuel pricing environment' provides opportunities for better returns.
  • Supplier warns of 'dual challenges'
    Indian player says conditions for new entrants are 'pathetic'.

›››File
FROM THE HOME PAGE
SHIPPING
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
PORTS
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%)
PORTS
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.
SHIPPING
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
SHIPPING
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
PORTS
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
MARITIME SERVICES
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
SHIPPING
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
PORTS
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
PORTS
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
PORTS
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%
PORTS
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
PORTS
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
PORTS
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
SHIPPING
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
SHIPYARDS
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
PORTS
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
DEFENCE
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
ENVIRONMENT
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
SHIPPING
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
PORTS
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%
PORTS
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
SEAFARERS
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
PORTS
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)
TRANSPORTATION
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
INDUSTRY
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
SHIPPING
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%.
SHIPPING
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
MARITIME SERVICES
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
PORTS
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
SHIPPING
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
SHIPPING
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
PORTS
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
SHIPPING
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
PORTS
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
JOBS
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
PORTS
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
COMPANIES
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
PORTS
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
SEAFARERS
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
MOURNING
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
PORTS
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
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"
PORTS
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
PORTS
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
PORTS
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
INFRASTRUCTURE
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
PORTS
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
RAILWAY TRANSPORT
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
SHIPPING
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"
PORTS
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
PORTS
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
MEETINGS
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
MARITIME SERVICES
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
FREIGHT TERMINALS
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
PORTS
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
PORTS
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%
PORTS
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
PORTS
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
SHIPPING
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
SHIPPING
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
PORTS
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
PORTS
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
SHIPPING
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
PORTS
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
PROGRESS AND TECHNOLOGY
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
LOGISTICS
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
LOGISTICS
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
PORTS
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
LOGISTICS
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
COMPANIES
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
ASSOCIATIONS
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MARITIME SERVICES
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
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"
MEETINGS
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
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
PORTS
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
SHIPPING
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
MEETINGS
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
SHIPPING
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
PORTS
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
INDUSTRY
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
PORTS
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
ASSOCIATIONS
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
INTERMODAL TRANSPORT
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
PORTS
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
SHIPPING
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
ACCIDENTS
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
PORTS
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
CUSTOMS
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
INDUSTRY
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
LOGISTICS
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%
PORTS
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
PORTS
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
PORTS
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
FREIGHT TERMINALS
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
CUSTOMS
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
FINANCING
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
INTERMODAL TRANSPORT
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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