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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:58 GMT+1
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BRIEFS
May 29, 2008
The Business Timesweb site
Shipping News
  • Hyundai Heavy in talks to buy CJ finance units
    Hyundai Heavy Industries Co, South Korea's third-biggest company by market value, is in talks to acquire holdings in two units of the CJ Group to manage assets and offer ship financing.
  • Imarex Q1 profit up 16% on strong freight market
    Norwegian shipping and energy bourse Imarex posted a 16 per cent rise in first-quarter core profit on a strong freight market and yesterday said that it was on the lookout for more acquisitions.
  • STX gets 259b won order for 2 ships
    STX Shipbuilding Co, owner of Europe's largest yard, said it has received a 258.6 billion won (S$342 million) contract from Europe to build two very large ore carriers as commodity transportation rates climb to a record.
  • KL, S'pore, Jakarta start joint plan to protect straits

Sched Netweb site
  • Hapag-Lloyd upgrades Asia-Mexico services
  • Maruba expands Asia-to-South America east coast service
  • Profitability - not size - is what matters now at Maersk Line
  • Activity at Pakistan's Port Qasim gathers pace
  • Building of Alabama container terminal at Mobile progresses
  • Norfolk, Virginia CT receives three new gantries
  • Toll purchases Western Australia's Courier Australia
  • Cathay takes delivery of first Boeing 747-400ERF
  • MASKargo to boost profitability through ISO 9001 certification
  • Air France-KLM blames US$855 million loss on fines and fuel bills

Exim Indiaweb site
  • BBC Chartering communicates a simple approach to shipping solutions with new logo
  • Record shipping freight rates fuelling inflationary fire
  • Trinidad & Tobago beckons investors
  • GSPC, Adani group may form 50:25 JV to set up LNG terminal at Mundra Port
  • Govt permits cement exports through Gujarat ports
  • Lufthansa Cargo suspends import handling charges
  • Xiamen launches 1st rail cargo service to central Asia
  • Banks flouting RBI norms on loans to SME export sector-Fieo
  • India springs into 'miracle economy' league
  • Forex reserves rise to $ 314 bn
  • CCHAA at dawn of Golden Era

International Transport Journalweb site
MAY 28, 2008
  • TNT Express names Frank Arnold as director sales in Germany
  • APL creates wholly-owned organisation in Nordic countries
  • BAWC wins Zoom Airlines Gatwick ground handling contract
  • UK: growing interest in Freightliner
  • Schenker targeting major expansion in China

Maritime Global Netweb site
MAY 28, 2008
  • North of England reserves up
  • Odense strives for efficiency, to survive
  • DNV targets Mid East offshore market

Marine Logweb site
MAY 28, 2008
  • Seadrill issues LOI for semi
  • Dubai Maritime City set for key role in Arab maritime development

World Wide Shipperweb site
MAY 28, 2008
  • James McMahan takes helm of World Trade Center Tacoma
  • EPA survey vessel making stop in Portland
  • Coast Guard cutter MIDGETT returns to homeport in Seattle
  • WTSA member carriers going after bunker surcharges
  • Bottom falls out of Western lumber production

Lloyd's Listweb site
MAY 28, 2008
  • Wah Kwong predicts ongoing bulk boom
    WAH Kwong Maritime Transport Holdings executives forecast continued strength of the bulk markets.
  • Wah Kwong gets $18m boost
  • Handysize orders 'most at risk' of cancellation
    ALMOST 60% of current huge handysize bulker newbuildings "vulnerable to cancellation."
  • TTA looks to diversify as dry bulk markets slow
    THORESEN Thai Agencies mulls offshore sector in anticipation of slowing bulk markets from 2009.

Fairplayweb site
MAY 28, 2008
  • Odense to restructure to survive
    ODENSE Steel Shipyard, which is part of the Copenhagen-based shipping giant AP M'ller-Maersk (APM), will have to restructure its operations amidst continued heavy losses, but its chairman says the aim of the measures is to ensure the yard's continued existence.
  • DFDS axes routes after losses mount
    MOUNTING losses from cruise ferry operations have forced DFDS to close its three remaining services and put the affected vessel up for sale or charter
  • Iran/S. African discuss cooperation
    A SECOND meeting of the Iran-South Africa Joint Commission on Promoting Ports & Maritime Cooperation has been held in Tehran this week according to an IRNA report
  • MarAd survey points to worker shortage
    "THERE are plenty of job openings in the US maritime industry for qualified people," A MarAd survey states
  • Agri-workers walk out again
    AFTER a week-long impasse, the leaders of Argentina's four major agricultural organisations went out on strike again today
  • Double hull premium rises
    THE spot rate premium obtained by double-hull tankers continues to increase, possibly due to the 'Hebei Spirit effect', according to McQuilling Services.

The Journal of Commerceweb site
MAY 28, 2008
  • Westbound trans-Pacific carriers step up efforts to win floating fuel surcharges
    Westbound traffic must "pay its own way" amid flat trade and rising fuel and inland transportation costs, liners say.
  • DP World hopes to get into U.S. terminals business
  • New industry forms around green port technology
  • DHL shrinking U.S. network in deal with UPS
  • APL boxes up 14%
  • TWIC signs up 309,000+
  • UPS: DHL pact worth $1B
  • Maersk upgrades S. Amer. loops
  • Export ABCs: Passive payment terms
  • Tacoma opens review for terminal expansion project
  • Geodis buy approved

Containerisation Internationalweb site
MAY 28, 2008
  • FEFC westbound shows signs of 'flat-lining'
  • Feeder boost for Maersk's West Coast South America trade
  • HPH utilises LXE wireless container tracking software
  • SDV joins forces in the UAE
  • APL's upward spiral continues

TradeWindsweb site
MAY 28, 2008
  • Brown's crown!
    Pot of gold - well, digital camera and trophy at least - at the end of the rainbow for this year's Maritime Photographer of the Year.
  • Euroseas revs up profits
    Aristides Pittas-led Euroseas sees profits shoot upward in the first quarter after doubling revenue.
  • Somalian troops pursue bulker
    Puntland says it may use force to free the Dutch ship hijacked off the coast of Somalia.
  • Greenback hurts Eidsiva earnings
    Norwegian ro-ro and car carrier player Eidsiva Rederi sees first-quarter results drop despite a strong market.
  • Teekay Offshore in Norway spat
    Norwegian Hull Club and StatoilHydro sue after shuttle tanker hits an FSO.
  • Vale's very large ore confidence
    Brazilian miner Vale is has boosted a VLOC newbuilding program to 20 vessels in a promising sign for iron ore output.
  • Closer to home
    Report warns rising transport costs could see shift in container trade to shorter voyages.
  • Eitzen accelerates
    Norwegian owner buys back $4m of its own stock ahead of schedule to send a signal to the market, its CEO says.
  • US port cleans up
    A new investment programme by the Port of Long Beach is set to dramatically cut emissions and create thousands of jobs.
  • Hanjin's Subic debut
    Korean shipbuilder starts sea trials for first vessel to be built at Philippines yard.
  • Liberia woos Japan
    President Sirleaf pitches in Tokyo to shipowners wavering over Panama and domestic tonnage tax.
  • NYK in cadet claim
    Japanese giant tackles crewing crunch with 20 trainees on new LNG carrier.
  • Trinidad alone
    Technomar boxship caught up in whistle-blowing row was only vessel detained in Canada during April.
  • Navibulgar to buy big
    New owner of Bulgarian shipping company says 25 ships will join the fleet within a decade.
  • OHL in $25m fix
    Oslo-listed owner secures four charters valued at around $90,000 per day, CEO says.
  • Spectron aids Imarex
    Acquisition of London trader helps Norwegian derivatives player to bigger operating profit.
  • Viking sells oldie
    Finnish owner offloads Alandsfarjan to Barbados owner ahead of newbuilding delivery.
  • More for ore store
    Chinese raw material importers are being told to pay more to store their iron ore.
  • Japan's port plan
    Chugoku region planning huge port investment to allow larger bulkers to trade.
  • CSCL wants eight
    Li Shaode-led owner to put pen to paper on a $878m newbuilding contract.
  • STX bags 2 VLOCs
    Mystery European owner behind $250m order for two very large ore carriers at Korean yard.
  • HHI in finance move
    Korean shipbuilder to buy into investment companies to offer its own newbuilding funding.
  • Fredriksen buys rig
    Norwegian shipping magnet's offshore arm returns to Singapore yard for deepwater semi-submersible.
  • Crew tackles blaze
    Alaska state ferry sent for repairs after generator fire extinguished off Ketchikan.
  • Miller gets the nod
    Aker veteran bumped up to replace Dave Meehan as the new main man at Aker Philly.
  • Seismic
    New geophysical company splashes out $900m on series of newbuildings at Middle East yard.

American Shipperweb site
MAY 28, 2008
  • FEFC carriers post modest April westbound growth
  • APL's volumes, revenues keep on rising
  • Maersk shipyard facing job cuts
  • Carriers add Indian ports to service
  • Yoest, who helped shape post-Cold War Coast Guard, dies
  • Hijacked ship docks at Somali port
  • Coast Guard will wait on seeking refund
  • Kjaedegaard to leave Maersk Co.
  • DHL to partner with UPS as part of U.S. restructuring
  • Cathay Pacific changing cargo management
  • Boeing delivers first 747-400ERF to Cathay Pacific
  • Cathay gets go ahead to raise fuel surcharge
  • Transnautic starts Frankfurt/Moscow air charters
  • Jet adds fourth North American service to San Francisco
  • BA World Cargo wins Zoom Gatwick ground handling contract
  • South African Airways names Bamrah as U.K., Ireland cargo manager
  • Unrest in U.K. over fuel costs
  • Plan to expand Kiel Canal
  • GAO recommends C-TPAT improvements
  • BIS recruits for emerging technologies advisory committee
  • Oakland port faces $18.6 million budget shortfall, plans staff cuts
  • Recycler buys Long Beach-based scrap metal operation

The Scandinavian Shipping Gazetteweb site
MAY 28, 2008
  • Ålandsfärjan is sold
    Viking Line's Swedish subsidiary Viking Rederi AB has signed an agreement with G.A.P Shipping Co Ltd, Barbados, about selling the Ålandsfärjan for EUR 2.6 million. The 1972-built ferry will be handed over in mid-June 2008. On May ...
  • DFDS closes Bergen-England service
    DFDS Seaways has taken decision to close its service between Bergen-Haugesund-Stavanger and North Shields in England. The route has generates a substantial loss and a change of vessel has not resulted in any change on the financial side ...
  • Odense need to cut down costs again
    Odense Steel Shipyard will go through another plan to make the shipyard more efficient. After another huge loss in 2007 the shipyard management will again cut down on manpower and go through all processes in the production in order to ...

The Bunker Bulletinweb site
MAY 28, 2008
  • Government decision 'will paralyse Russian bunker market'
    Suppliers say end-of-year ban on single hull tankers puts market in impossible situation.
  • Bunker market report from Praxis
  • UK: Rocking for emission limits
    Politicians to perform at climate change concert calling to include aviation and shipping emissions in new bill.
  • Rotterdam bunker market dips
  • State refiner moves to help fishing fleets
    But bunker players warn that move to help fishing fleets could push up MGO prices for international traffic.
  • June launch for Adani's new barge
    The Indian supplier says rough seas mean launch date has been pushed back.
  • Floating bunker charges boost container line's propects
    Analyst says successful BAF negotiations have strengthened NOL's position.
  • Avails 'to tighten' in June
    Exports will leave less product for Tokyo's bonded bunker market.
  • Petrobras 'looking for new bunker tankers'

›››File
FROM THE HOME PAGE
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.
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
SHIPPING
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
PORTS
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
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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