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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
July 31, 2008
The Business Timesweb site
Shipping News
  • Hanjin Q2 profit rises 20% on higher rates
    Hanjin Shipping, South Korea's largest shipping line, boosted second-quarter profit 20 per cent after charging more for carrying containers and commodities.
  • Overseas Shipholding profit up 10%
    Overseas Shipholding Group Inc, the largest US-based oil-tanker owner, said second-quarter profit rose 10 per cent on higher rates for its oil carriers and dry-bulk vessels.
  • Railway costs may add 17% to Oakajee port outlay
    Oakajee Port & Rail Pty, a venture of Murchison Metals Ltd and Mitsubishi Corp, said that its planned port in Western Australia for iron ore exports may cost 17 per cent more after adding on the cost of trains and wagons to the project.
  • Manila port operator's profit rises

Sched Netweb site
  • Agreement between employers and ILWU west coast dockers
  • MSC builds capacity, adding 52,000 TEU this year
  • Speculation rife as industry watches NOL court Hapag-Lloyd
  • US Customs delays new cargo processing system for six months
  • OOCL's data centre is ISO 27001 certified
  • DSV hedges on trucks, buys containers on growing green fear
  • Tacoma Port gains new purchasing manager
  • Irishman takes over from departing Dixon as Qantas CEO
  • PM officially opens Singapore's T3 at Changi Airport
  • New Incheon airfreight terminal's roof collapses in heavy rain

Exim Indiaweb site
  • Console Shipping ties up with Sinergy to develop Indo-Italian trade lane
  • Shipping Summit in Sept.-end to castspotlight on solving the manning crisis
  • Spices find increasing flavour
  • SC orders exporter to bring back rice consignment
  • EU's new GSP tariff norm to benefit gems & jewellery trade
  • Services exports to yield $ 319 bn by 2011-12-NCAER
  • FTA with Asean spotted on horizon
  • US' certified cargo screening plan seen as too costly for carriers
  • RBI hikes repo rate, CRR to 9 pc
  • RBI's monetary measures stifling, avers India Inc
  • Blow to growth, affirms Fieo chief 'RBI must ensure uninterrupted export production'
  • IMC fears growth slowdown
  • WTO talks collapse as US, China & India stick to their guns
  • New drawback & DEPB rates may be announced in a fortnight
  • 32 Bills await Lok Sabha clearance to put reforms on fast track
  • Students of St Britto's Group of Schools impress Kalam at interactive session

Maritime Global Netweb site
JULY 30, 2008
  • Mississippi open, blame game starts
  • US docks deal
  • Strong Q2 for ICTSI
  • IMB warns over timber bogus shipments

Marine Logweb site
JULY 30, 2008
  • Former ACL execs in $1.5 billion transportation venture
  • More oil released from Mississippi spill barge
  • ACL reports increased revenues
  • Austal submits JHSV Phase II offer
  • Boiler fire delays Irish Ferries sailing

World Wide Shipperweb site
JULY 30, 2008
  • ILWU/PMA negotiators reach preliminary labor deal
  • New purchasing manager for Port of Tacoma
  • Panama Canal Authority releases third quarter metrics
  • TSA carriers to boost inland fuel surcharge
  • ATA files lawsuit against LA/Long Beach 'Concession Plans'

Lloyd's Listweb site
  • HHIC bags CMA CGM order for boxship pair
    THE company, which will deliver the 3,400 teu vessels in July 2010, is still lagging behind its 2008 orderbook target.

Fairplayweb site
JULY 30, 2008
  • Mississippi closed again by oil
    MORE LEAKS of oil resulted in the Mississippi River being closed again today
  • OSG rides OPEC swell
    OVERSEAS Shipholding reported strong second-quarter results driven by much higher VLCC and Aframax spot rates
  • Doha trade talks collapse ' again
    WORLD Trade Organisation director-general Pascal Lamy is expressing regret today that the latest effort to liberalise global trade has collapsed, with serious shipping implications
  • Study says lakes ballast rules work
    BALLAST flushing regulations now imposed on ships entering the Great Lakes should be sufficient to prevent more aquatic pests from being introduced, the US National Academy of Sciences has reported
  • Santos profits fall 10%
    CONTAINER terminal operator Santos Brasil posted profits for the first six months of this year more than 10% below the same period last year

The Journal of Commerceweb site
JULY 30, 2008
  • Report: Hamburg group high bidder for Hapag-Lloyd
  • Hanjin profit up 20%
  • Steel imports decline
  • MOL revamps sales structure in North America
  • Miss. River closed again after barge leaks more fuel
  • Lakes cargo weakens
  • South Korea gets first shipment of U.S. beef
  • Profit sinks at Panalpina
  • Asia airfreight falls for first time since 2005
  • Mitsubishi gets nod to develop Aussie port

Containerisation Internationalweb site
JULY 30, 2008
  • Savannah hits Ho Chi Minh City
  • US trucking associations sue LA and Long Beach over port concession plans
  • Panalpina's profits plunge 29% in H1
  • Danaos box profits up 16% in Q2
  • Hanjin off to a good start

TradeWindsweb site
JULY 30, 2008
  • TCE buoys Genmar
    Without derivatives losses, New York tanker owner General Maritime sees profit growth thanks to TCE revenues.
  • Seaspan sails
    US-listed containership owner posts higher earnings as its fleet grows.
  • Another leak
    A "secondary release" from an American Commercial Lines barge leads to another closure of the Mississippi River.
  • Fixing to buy
    Former American Commercial Lines executives are planning up to $1.5bn in transport sector acquisitions.
  • Slower going
    Tonnage and transits have grown, but so have wait times, according to the Panama Canal's latest figures.
  • Dividend halted
    US Shipping Partners shares plummet after the company says it will not pay a second-quarter dividend as it negotiates with lenders.
  • Exmar posts loss
    Financial charges lead to a $3.9m half-year loss despite improvements in the VLGC market.
  • Su cuts Star stake
    TMT boss slices holding in Nasdaq-listed Star Bulk by around 70%.
  • Stella silence
    Involvement of two or three pirate groups could explain lack of demands to free bulker and crew off Somalia.
  • Cash flows in
    US-flag tanker owner OSG America says strong TCE revenues and cash flow push it to $4.9m profit.
  • Barges beat odds
    American Commercial Lines shares surge after second-quarter results beat expectations.
  • Ferry blaze
    Two hundred passengers of Irish Ferries ship put on evacuation alert after fire rips through boiler.
  • Hot on reefers
    Seatrade's Yntze Buitenwerf still has appetite for growth after 25 ship expansion.
  • Great not good
    Indian owner Great Offshore sees first quarter profits sliced despite 40% rise in revenue.
  • Cruise loss shrinks
    California-based Ambassadors International trims second-quarter losses at its cruise lines.
  • 6 saved off China
    Tropical storm batters coast off Shanghai as vessel starts to sink and shipping operations disrupted.
  • Tugs sink
    US investigators puzzled as to why two vessels went down in Schuylkill river.
  • Out Gunned
    Johnny Plumbe took home $850,000 last year but he was not the top earner in the ACM boardroom.
  • Cases mount
    Number of law suits against Sulpicio Lines up to nine in wake of Princess of the Stars disaster.
  • Seoul destroying
    Rising profits across the board not enough to buoy shares in Korean shipbuilders amid third quarter cost concerns.
  • License to spill
    Pilot of tug involved in collision and spill in Louisiana last week "inadequately licensed", USCG says.
  • Samudera soars
    Indonesian liner operator sees second quarter net profits more than double.
  • Sky-high Hanjin
    South Korean shipowner sees interim net profits almost treble thanks to containers and bulk.
  • Repair job
    Newly-listed Sealink of Malaysia to add third-party shiprepair to shipbuilding and shipowning businesses.
  • ABG starts well
    India's biggest private shipyard pushes up earnings and revenues in first quarter.
  • Tusk talks
    Polish prime minister to meet yard unions to allay fears over privatisation process.
  • Deaths rock BHP
    Port and mining operations suspended as two workers crushed in Australia and South Africa.
  • Sinking feeling
    ACL sees quarterly profits slide less than a week after Mississippi River spill.
  • Ticked off
    Italian woman suing ferry owner Tirrenia after waking up in first-class cabin covered in bugs.
  • Azuma falls
    Japanese bulker owner brought lower by operating costs in first quarter, despite higher revenue.
  • MMM in the red
    Malaysian shipowner slides to a loss for the second quarter, but not as much as in 2007.
  • Strategic grows
    Aussie shipbuilder expands its facility in Singapore and opens in Mexico.

American Shipperweb site
JULY 30, 2008
  • Hanjin profit up 166% even as total container volume dips
  • Sinotrans profit soars on high bulk cargo demand
  • Overseas Shipholding profit up 10%
  • Danaos profits up, but notes deteriorating trades
  • New standards aim to make damaged ships more stable
  • CEVA joins Cargo 2000
  • Pilots file suit against DHL
  • White joins CNS, will push air cargo standards
  • AirBridge Cargo adds agent for Taiwan
  • Report: U.S., Canada need similar Great Lakes ballast water rules
  • Schwab, NFTC decry breakdown of WTO talks
  • CBP proposes revision of country of origin rules
  • Steel imports lag 2007 levels
  • FMC reviews 24 OTI license applications
  • NRDC to defend ports by joining ATA suit against SoCal truck plan
  • Rising volumes in Manila, foreign terminals boost ICTSI earnings
  • NYK to build container hangar in Tokyo to improve handling capacity

The Bunker Bulletinweb site
JULY 30, 2008
  • Barge company strives for fuel savings
    ACL sees revenue beat expectations, but fuel prices impact on the Q2 bottom line.
  • New employee at Global Risk Management
  • St. Petersburg: Bunker prices could climb
    Oil giant predicts differentials will close in 2009.
  • Oil rebounds as US report dashes forecasts
    Unexpected gasoline inventory decline, Nigeria and Iran supporting prices.
  • Global bunker market report
  • Demand up as Asian bunker markets soften
    Prices retreat as crude oil falls.
  • Bulk rates boost Hanjin
    Company also says floating bunker charge helped mitigate rising fuel costs in Q2.
  • Chinese bunker sales 'climbing'
    Fuel oil export figures suggest marine fuel sales are up.
  • Trader joins Oldendorff's bunker department
  • Rotterdam market down in line with crude
  • Japan mulls scrapping naval drill, cites fuel prices
    Drill would 'consume large amounts of fuel'.
  • Oil prices will be 'stronger', BP chief says
    Says era of cheap energy over.
  • Lanka IOC to offer 380 cst
    Sri Lankan supplier seeking customs approval to operate tanks as bonded storage.
  • The costs of slow steaming
    May lead to high machinery maintenance costs.
  • SPC's Q2 profit inches up
    But revenue jumps 65% on 'relatively robust' demand for refined products.

›››File
FROM THE HOME PAGE
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
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
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%
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%
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
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
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.
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
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
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
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
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
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
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
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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