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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
11:39 GMT+1
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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
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%
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