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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:10 GMT+1
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BRIEFS
December 29, 2008
The Business Timesweb site
Shipping News
  • China stimulus good news for bulk liners
    The four trillion yuan (S$844.8 billion) Chinese stimulus package is likely to be a boost for the world's battered bulk shipping companies, but only if they survive long enough for the country's planned infrastructure projects to get rolling.
  • Korea bank to delay Daewoo sale
    Korea Development Bank (KDB) may delay signing a contract for the sale of a controlling stake in Daewoo Shipbuilding & Marine Engineering Co if buyer Hanwha Group provides fundraising details.

Sched Netweb site
  • Hutchison pulls out of Thessaloniki deal after winning bid
  • Truckers and dockers threaten to close British Columbia ports
  • Cosco Pacific picks Cosco Holdings CFO He Jiale as executive director
  • Ryder buys Canada-HK Transpacific Container Terminal, CRSA Logistics
  • Port Klang free zone investment up, but occupancy only 18pc
  • India to extend US$2.1 billion to finance ship purchases
  • Geodis signs for IBM global logistics, wins 'world's biggest logistics contract'
  • St Petersburg Greater Seaport extends administrative reach
  • AirBridgeCargo Airlines ups sales 55pc in first 11 months
  • FedEx cutbacks to save US$200 billion in 2009
  • Ecologist seeks voice for African farmers on airfreight emissions

Exim Indiaweb site
  • Evergreen launches joint Arabian Express Service with Sea Consortium
  • Banks reluctance to advance funds hits shipping lines
  • Rock bottom freight rates can't continue after Jan., says TSA
  • ABG hopes oil rig business will raise profit by 25 pc in 2008-09
  • $ 25-m Exim Bank aid for Madagascar
  • Truckloads of Pak goods enter J&K
  • Tea exports set to meet target
  • Coffee exports earn 26 pc more in 2008
  • Chinese demand boosts iron ore exports in Nov.
  • Navayuga to build Rs 6,000-cr. deep water port in Orissa
  • Dock workers seek 5-year wage agreement
  • Maruti cars despatched to Mundra Port through rail
  • 51st annual day of KPKS celebrated
  • HMS-affiliated union welcomes new Kandla Port Chairman
  • Centre approves elevated road from Chennai Port to Maduravoyal
  • Gujarat invites cos to develop airport at Dwarka
  • Railways to allow private players to develop tracks
  • Banks not liable to pay interest on export subsidy, rules SC
  • Export target may be missed by 5-10 pc
  • Inflation dips further
  • Sops likely for exports, housing sectors in 2nd stimulus package
  • CCEA grants Rs 350 cr. to provide higher ECGC risk cover to MSME exporters

Maritime Global Netweb site
DECEMBER 24, 2008
  • ExxonMobil to pay $6.1m for spill
  • Japan may send warships to Gulf of Aden
  • ClassNK passes 160m gt mark

Marine Logweb site
DECEMBER 28, 2008
  • Hebai Two protestors call for boycott
  • KDB gives Hanwha more time on DSME deal

World Wide Shipperweb site
DECEMBER 26, 2008
  • US Rail freight traffic heads down during week
  • Hanjin Shipping changing US/Med/Middle East/India run
  • NYK vessel captain earns Croatian bravery award
  • Preliminary data shows US steel imports down
  • Two board members leave Horizon Lines Inc.

Fairplayweb site
DECEMBER 24, 2008
  • Billy closes Oz iron operations
    CYCLONE Billy has intensified to a category-three storm with 165kmh winds, causing Western Australian iron ore ports to suspend operations
  • LA-LB halts Saturday box hauling
    DWINDLING volumes at Long Beach and Los Angeles have led to the suspension of Saturday cargo hauling to and from box terminals
  • Vancouver strike threat looms
    CANADA'S West Coast ports face disruptions in early 2009 if threatened strikes by longshore foremen and truckers proceed
  • Chennai boxes pile up
    CONTAINER traffic to and from the port of Chennai on India's East Coast has come to a standstill in the wake of an "indefinite" strike by truck drivers
  • Beijing to build Taiwan-facing port
    CHINA is to build a major port to face Taiwan in Chaozhou, in the first big scheme seeking to capitalise on cross-strait routes that reopened last week after a half-century of estrangement
  • Varna varnishes turnover 57%
    BULGARIA'S Varna has reported turnover for 2008 that is 57% up on last year and amounts to 50M leva ($35.8M)
  • Polish president to sign yard bill
    POLISH President Lech Kaczynski will be signing a bill today after all to enable workers from the Gdynia and Szczecin yards to claim compensation arising from the sell-off of the facilties

The Journal of Commerceweb site
DECEMBER 24, 2008
  • New US-Med-India service
  • US investigation hits Chinese export subsidies
  • BBI sells Euro ports stake
  • Truck strike at Chennai
  • HPH drops Greek port bid
  • Ryder in Canada buy
  • Asia air cargo down
  • Kintetsu buys Thai firm
  • Japan, Vietnam in FTA

Containerisation Internationalweb site
DECEMBER 24, 2008
  • CSCL/Hanjin/K Line and Yang Ming to start RES
  • US seeks WTO consultation on Chinese brands
  • Hanjin and UASC revamp their US/Middle East/India operations
  • OTAL provides seasonal cheer
  • UASC adds another ship to AEC2 service

TradeWindsweb site
DECEMBER 24, 2008
  • CSAV eyes $130m
    Chilean liner operator says it will ask shareholders for more cash after first attempt came up short.
  • Going deeper
    Raspino-led rig and drillship owner Pride International plans spin-off to keep deepwater focus.
  • Sveaas attacks
    Norwegian investor wants boardroom seats to turn around Trico Marine, which "missed the boom" and "lost investor confidence".
  • No to NEMI
    US underwriter pulls out of deal to buy Norwegian marine insurer from troubled Icelandic group.
  • HPH gets Ceres
    NYK sells majority stake in two Amsterdam terminals to Hutchison Port Holdings.
  • More red ink
    Insurer NYMagic reveals another month of losses in its investment portfolio.
  • Dreyfus pounces
    Louis Dreyfus Offshore snaps up nearly a quarter of Fairstar Heavy Transport in $5.48m move.
  • Christmas cash
    Royal Caribbean secures $680m loan for last of Meyer Werft Solstice newbuildings.
  • Red run
    K Line teams up with Hanjin, Yang Ming and China Shipping on new Far East to Red Sea route.
  • UAE to buy Bijela
    Abu Dhabi Ship Building makes only bid for soon to be privatised Montenegro yard.
  • SembCorp settles
    Yard ends year-long dispute with BNP Paribas with $30m payment.
  • ICG back in play
    Joint bid for Irish ferry group expected after takeover panel decides against concert party hearing.
  • Note to Santa
    China Shipbuilding Industry Corporation is looking for $438.79m Christmas bonus with notes issue.
  • Greek deal dead
    Billionaire Li Ka-Shing and partners ditch $4.94bn offer for control of container terminals at Thessaloniki.
  • Singapore slides
    Container volumes through the Lion Republic fall for the first time in seven years.

American Shipperweb site
DECEMBER 26, 2008
  • UASC, Hanjin replace two suspended services with one
  • NYK names new president
  • Containership charter rates in the doldrums
  • CKYH starts Far East-Red Sea service
  • U.S. vessel tracking system opens next week
  • Judge extends U.S. ballast water deadline
  • FedEx pushes out 777 deliveries
  • AirBridge revenue up 55 percent
  • STB approves CN's EJ&E purchase
  • Ryder completes acquisition of two Canadian logistics firms
  • BIS, minority business team up on export compliance
  • USDA amends meat import rules for U.K.'s Surrey County
  • FMC reviews 23 OTI license applications
  • Charleston seeks to keep Maersk at port
  • PierPASS suspends off-peak shifts on Saturdays
  • N.Y. commission looks at public-private partnerships
  • Andrews heads Europe/Middle East region for ICTSI

The Bunker Bulletinweb site
DECEMBER 26, 2008
  • Biofuel research to 'demonstrate feasibility'
    Project receives funding to help meet EU targets.
  • 2009: 'no fuel supplements' and 'fuel efficient vessels'
    Industry representative predicts future shape of cruise ships.
  • Bunkers end week lower
    Very little activity in the Asian markets but tight avails in Singapore.
  • Supplies resume in Indian ports
    Meanwhile, Adani's new barge has boosted sales in November.
  • Japan goes hybrid to help fishing industry
    Hybrid fishing trawler uses up to a third less fuel than conventional boats.
  • Traders warn of tight avails in January
    Japanese refiners to extend cuts to January.
  • Chimbusco unveils 'management system'
    New system will seek to avoid operational risk and provide buyers with better service.

›››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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