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03 December 2024 - Year XXVIII
Independent journal on economy and transport policy
17:56 GMT+1
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BRIEFS
August 3, 2009
The Business Timesweb site
Shipping News
  • Baltic Dry Index drops as loading delays ease
    The Baltic Dry Index, a measure of shipping costs for commodities, fell for a second consecutive session in London as delays at loading ports eased and newly built carriers compete for cargoes.
  • Baltic Exchange mulls FFA screen options
    The Baltic Exchange is in talks with market participants over the options available for a central trading screen for forward freight agreements (FFAs), its chief executive told Reuters Television last Thursday.

Sched Netweb site
  • Cosco to impose bunker surcharge on Far East-Mideast trade
  • CMA CGM to levy US$400/TEU, $500/FEU Atlantic rate hike September 1
  • Long Beach June container volume declines 28.7pc
  • Customs deploys new container x-ray machine at Da Chan Bay
  • TNT says new Singapore centre attracts 14pc more customers
  • Savannah sees container throughput fall 10.5pc in FY09
  • Virginia Port Authority receives two more terminal bids
  • Shanghai's budget Spring Airlines prepares to list
  • Lufthansa grounds 6 freighters after 88pc first half decline
  • Air France-KLM groundings follow stark Q1 losses
  • Bifa warns cargo security training deadline is here
  • Hainan island's Yangpu port volume rises 3.5 per cent in first half
  • Shanghai's feeder province, Jiangsu, trade value off 16.8pc

Exim Indiaweb site
  • NYK Logistics (Asia) recognised as top automotive & high-tech logistics service provider
  • MOL conducts table-top fire drill
  • Essar Shipping sails through downturn with handsome Rs 29-cr. profit
  • CMA CGM named 'Ocean Carrier of Year' by global retailer
  • Varun Shipping keeps head above turbulent waters in Q1
  • SEZ exports may post 10 pc growth
  • S. Korea to import Indian soyameal
  • Address core concerns first-Sharma
  • Sharma to meet FM soon to finalise FTP
  • Use contingency trade measures with care, advises WTO
  • MPSEZ records impressive 76 pc surge in Q1 PAT
  • DP World's H1 performance stands out amidst challenging operating environment
  • Hong Kong airport named Far East's
  • Asian airlines spot cargo swell on radar
  • Smaller cities more likely to play vital role in economic miracle-report
  • Sharma assures probe into 'infringement' of DGFT terms for rice exports to African nations
  • RBI assuages fears over fake notes
  • Pranab now sees 6.7 pc GDP growth in 2009-10
  • 2 pc interest sop for exporters stays till March 2010
  • Japanese cos keen to invest billions in Indian projects
  • Good policies propelled India's sprint-Moody's

Marine Logweb site
AUGUST 2, 2009
  • Washburn & Doughty opens doors for public tours
  • Rand Logistics makes offer for U.S. Shipping assets

World Wide Shipperweb site
JULY 31, 2009
  • Port of Bellingham plans new agreement with Lummi Nation
  • WTSA member carriers plan general rate increase
  • US rail freight total down again during week
  • Port of Bremerton continues string of clean audit reports
  • Coast Guard gives nod to Massachusetts LNG site

Lloyd's Listweb site
JULY 31, 2009
  • Nigg yard regeneration a step closer
    SCOTTISH authority set to act to bring about economic activity at one of Europe's largest offshore fabrication yards.
  • Underwriters face arrest over LOF interference
    UNDERWRITERS at risk of criminal liabilities by seeking to interfere with emergency salvage situations.
  • Box lines queue to sell terminal assets
    THE Port Fund looks at 20 potential port assets worldwide with a total value of around $1bn.
  • Global Ship Lease gets loan waiver extension
    GSL has agreed with its lenders to extend its waiver for loan-to-value tests until the end of August.

Fairplayweb site
JULY 31, 2009
  • Rand vies for US Shipping
    GREAT Lakes bulk operator Rand Logistics has offered the equivalent of $255M for the remaining assets of bankrupt US Shipping Partners
  • ISL sees silver lining in 2012
    BOX SHIPS of up to 3,000teu might see excess capacity on the charter market melt away and daily hire rates rally in 2012, an ISL report said today
  • CMA CGM pushes up rates
    CMA CGM said today it has raised freight rates on its North Europe/US/Canada routes
  • DryShips flees spot sector
    FRESH details emerged today on the 2Q09 timecharter spree at DryShips, marking a major strategic shift
  • Mallorca ports slowed but open
    SHIPPING delays were expected to continue today at two ports in Mallorca, where police are conducting checks for bombs before allowing ships to depart
  • Seoul sets up $1.6Bn ship fund
    KOREA Development Bank has set up a $1.6Bn distressed asset fund to support the restructuring of recession-stressed South Korean companies

The Journal of Commerceweb site
JULY 31, 2009
  • Seattle Sees Sharp Cut in Sulfur Emissions
  • House Passes Food Safety Bill
  • USPS at High Risk Financially
  • Beluga Ships to Sail North-East Passage
  • Port of Oakland Urges Change in Truck Regulation
  • Mullen Group Profit Falls 10 Percent
  • DOT Stimulus Disbursements Jump
  • Matsuda Takes Marad Deputy Post
  • O'Connell Appointed to Customs Post
  • WTO to Investigate U.S. Ban of Chinese Poultry
  • GDP Decline Slows to 1 Percent
  • YRC Cash Down to Three Months, Say Analysts
  • CMA CGM Hikes Trans-Atlantic Rates
  • Global Air Freight Fell 16.5 Percent in June
  • Senate Votes to Shore Up Highway Trust Fund
  • Pacific Carriers Announce Westbound Rate Hikes

Containerisation Internationalweb site
JULY 31, 2009
  • Good neighbourliness required in tough times
    The severe financial fallout from the global downturn has had a damaging effect on relationships within boardrooms, as executive accountants point fingers accusingly at their commercial colleagues for chasing cargo and not predicting the crash.
  • Two years of gloom
  • Japan's factory output climbs again
  • Finnlines: work in progress to recovery
  • YRC losses mount
  • US economic decline slows

TradeWindsweb site
JULY 31, 2009
  • Cash for TK arm
    Trip to the capital market could bag Teekay Offshore Partners $104m in cash to pay down debt.
  • Another guilty
    Third seafarer from Polembros' Theotokos has pleaded guilty to pollution and false statement charges.
  • Rand wants USSP
    Lakes bulker owner Rand Logistics offers deal worth $255m to buy up assets from bankrupt US Shipping Partners.
  • Nordea not alone
    DnB NOR and Bank of Scotland also took over and sold Eastwind vessels days before bankruptcy, court records show.
  • Seadrill still in
    John Fredriksen's drilling company re-ups forward contracts for 9.5% stake in Houston's Pride International.
  • Hostage 'shot'
    Turkish crew member of Horizon I shot and injured by pirates, Turkish report claims.
  • Waiver near
    DryShips exec says owner is hoping to secure wavers in September for $380m in covenant breaches, as the company's charter strategy shifts.
  • Storm hits search
    Local fishermen decline calls for help in search for crew of sunken Norwegian ship off Sweden.
  • Losses loom
    In its second profit warning of 2009 CSCL says it will post red ink in the first half.
  • Outbreak onboard
    Some 70 crew members onboard a Royal Caribbean ship have swine flu with another 60 showing symptoms.
  • Goldman fixes
    Goldman Sachs unit J. Aron takes Diana Shipping panamax at $15,000 per day less than its previous term deal.
  • Waived through
    Ian Webber's GSL gets another two month reprieve on an $800m loan as it tries to strike a long term pact with its banks.
  • It's quotes time
    Fredriksen moving ships, but not himself, back home and 'friends' lock horns in a London court.
  • No turnaround
    Capital Product Partners CEO Ioannis Lazaridis sees no visible signs of a tanker market recovery in 2010 as owner's profit falls.
  • Baltic buccaneers
    Police called in after Russian crew tell of Finnish ship being 'hijacked' off Swedish island.
  • Ship sinks, 6 lost
    Russian and Ukrainian seafarers missing off Sweden as Norwegian ship sinks in storm.
  • New5 in Numb3rs
    Sovcomflot makes long awaited dry debut while owners' P&I losses touch $1bn.
  • Club keeps rating
    Strike mutual hangs on to BBB+ rating despite threat of cash call.
  • Spill off Norway
    Cosco-owned bulk carrier leaking oil after running aground near Langesund in stormy weather.
  • Big guns link up
    Inge Steensland and Axel Eitzen pen LPG joint venture which will take care of 16 ships.
  • Bulk battering
    GE Shipping's Q1 profit slumps by two thirds with its dry-cargo earnings hit hardest.
  • Prejudiced or not?
    TMT succeed in making without prejudice negotiations to try to settle a freight futures dispute with Oceanbulk admissible evidence.
  • Delay for London
    TradeWinds is on its way to London subscribers but meanwhile why not catch up on the latest shipping news using our e-reader.
  • Advancing at Aon
    Mark Cracknell takes a step up the ladder to head 80 strong UK marine insurance broking team.
  • Bharati boost
    Indian shipbuilder posts strong set of first-quarter results as sales go up 48%.
  • Mixed for Meiji
    Japanese bulker and tanker owner wins in opening quarter but year expected to be well down.
  • Mitsubishi in red
    Sales drop sends Japanese shipbuilder to a loss with annual sum set to be slashed in half.
  • Losing start
    Japan's Kawasaki Kinkai rings in a loss for its first quarter, but expects brighter days ahead.
  • Seanergy buying?
    US-listed Greek owner eyeing distressed assets as it continues loan covenants waiver talks.
  • Eagle fixes four
    US-listed dry-bulk owner Eagle Bulk Shipping fixes four supramaxes at flexible rates.
  • Brazil bound
    Louis Cruises sending cruiseship Orient Queen on four-month charter to Brazil.

American Shipperweb site
JULY 31, 2009
  • WTSA raises export rates to Asia
  • CMA CGM latest to raise transatlantic rates
  • Mariner self-defense bill advances in House
  • BA Cargo first quarter revenue down 28%
  • TNT operating income down 45%
  • U-Freight Singapore facility targets aerospace
  • Senate approves highway trust fund fix
  • YRC posts $309 million second quarter loss
  • House passes food safety legislation
  • Trade associations push for 'green' liberalization
  • Ex-Im Bank chief promotes U.S. export financing in Brazil
  • DP World first half volume down 10%
  • Downturn could lead to terminal sales, Drewry says
  • Wilmington, N.C. container volume down 4%

The Bunker Bulletinweb site
JULY 31, 2009
  • Crude keeps pressure on bunker prices
    Bunker markets continuing to firm as $70 oil looms.
  • Bunker prices bounce in European markets
    Hamburg sees prices for 380 cst material up by $23 pmt.
  • Bunker spill could be 'Norway's worst'
    'This will be a major case,' says leader of Norwegian environmental group.
  • Russian oil export duties to rise again
    Fuel oil tariff set for 4% increase in August.
  • Durban refinery begins major shutdown
    Sapref says it has taken measures 'to ensure the uninterrupted supply of fuel'.
  • Oil products specialist 'pleased with Q2 results'
    TEPPCO says its marine services division has 'opportunity to expand'.
  • Volatile crude hits Asian markets
    Singapore bunker prices jump by more than $20 pmt Friday, after plunging on Thursday.
  • Titan prepares for 'strategic review'
    Company facing 'significantly reduced cash flows and significant capital expenditure'.
  • External: Global Risk Management
  • Sharply falling refining margins halves Total profit
    But CEO says company 'confident in outlook and financial strength' and will pay out same dividends as in 2008.
  • Bunker spill off Norway
    Grounded dry-bulk vessel was carrying 1,120 metric tonnes of bunker fuel. Reports say oil is coming ashore.
  • UBT promotes trader in Singapore
  • Southeast Asian piracy up
    First-half of this year saw an increase in successful pirate attacks in Southeast Asian waters.
  • Malaysia box volumes up 10% in Q2
    Quarter-on-quarter growth suggests signs of recovery in the shipping sector.
  • Supplier's double-hull tanker to arrive in August
    8,800 dwt bunker tanker is sailing from Italy to Sri Lanka.
  • ExxonMobil Q2 earnings plummet 66%
    Blames lower crude and gas prices and tighter refining margins.

›››File
FROM THE HOME PAGE
PORTS
Signed the act for the rebalancing of the concession in chief of Venice Terminal Passengers
Venice
Spain : The aim is to "create a new normal", which is aimed strongly at an upper-middle customer segment, with the aim of creating a pole for luxury cruises in Venice, " he said.
PORTS
In October, freight traffic in the ports of Genoa and Savona-Ligure
Genoa
Recorded increases of 2.5% and 21.9%, respectively. It continues the downturn of cruises in both scallops
CRUISES
Fincantieri has delivered the new cruise ship Viking Vela to Viking
Trieste / Los Angeles
Can accommodate 998 passengers
The government of Montenegro wants to bring the port of Adria back under state control
PORTS
The government of Montenegro wants to bring the port of Adria back under state control
Podgorica
Will evaluate the possible acquisition of the majority stake in the Turkish Global Ports Holding
PORTS
China's seaports handled record cargo traffic for October
China's seaports handled record cargo traffic for October
Beijing
Containers amounted to over 24.4 million TEU (+6.2%)
Stable the traffic of goods in the port of La Spezia in the period of July-September
PORTS
Stable the traffic of goods in the port of La Spezia in the period of July-September
The Spezia
Marina di Carrara has been recorded a decrease of -15.6%
PORTS
At Spezia they don't want a president of the AdSP "parachuted"
The Spezia
They ask for a president "plug & play" able to deal with the problems right away
PORTS
Defined the location in the port of Gioia Tauro of the construction site for the bridge over the Strait of Messina
Joy Tauro
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
PORTS
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
Ankara
Expected the realization of a terminal container
SHIPPING
T&E calls for EU measures to limit ship speed and greater use of wind propulsion
Brussels
Summary complaint of the organization on the progress made by the shipping industry for decarbonisation
CUSTOMS
To extend the customs corridor to goods in export and on transhipment in the port of Spezia
The Spezia
He was speaking at a meeting between the AdSP and the Customs Agency.
SHIPPING
After Maersk, Hapag-Lloyd also initiates an agreement with Chinese Goldwind for supplies of green methanol
ENVIRONMENT
Messina (Assshipowners) : yes to the environmentalist push, but the timing and the ways are wrong
Rome
Local, often untimely, local norms have the only effect of moving traffics out of the Old Continent.
PORTS
Port of Ravenna, final visit of the EU representative to the project "Ravenna Port Hub : Infrastructural Works"
Ravenna
The European contribution has been more than 30 million euros.
TRANSPORTATION
In 2023, the performance of road and rail transport services fell in Switzerland.
Neuchâtel
Modal shares remained unchanged
INTERMODAL TRANSPORT
New intermodal service Melzo-Marcianise of Hannibal
Melzo
Two weekly rotations that from the first quarter will rise to three
PSA and Evergreen to jointly operate container terminal in Singapore
PORTS
PSA and Evergreen to jointly operate container terminal in Singapore
Singapore
The new company will become operational by the end of 2024
In the third quarter economic growth of trade in goods and services of G20
TRADE
In the third quarter economic growth of trade in goods and services of G20
Paris
Down the value of goods to and from China
PORTS
Omanita group Asyad will manage the port of al-Suwayq for 40 years
Muscat
The expansion of the stairway and the construction of a quay
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INTERMODAL TRANSPORT
Memorandum of Understanding for the creation of an intermodal terminal in Budapest
Astana
A delegation of the Kazakh KTZ Express to the port of Rijeka
SHIPPING
The BIMCO has adopted the FuelEU Maritime Clause
Copenhagen
The European regulation will enter into force next January.
SHIPPING
Kenon Holdings (Idan Ofer) announces the next exit from the capital of ZIM
Singapore
Currently owns 19.8 million shares
PROGRESS AND TECHNOLOGY
NIM and EH Group will develop hydrogen fuel cell technologies for shipping
PORTS
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
PORTS
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
PORTS
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%)
SHIPPING
Rixi, without the ETS review, European maritime fleets will continue to suffer a competitive disadvantage
Rome
According to the deputy minister, it is necessary to intervene at the root of the problem
PORTS
PSA Italy continues in purchase of equipment for Marghera terminal
Genoa
Committed total value of 8.5 million euros for three rubber-tyred gantry crane electric
JOBS
Corsica Sardinia Ferries in search of navigating personnel
Go Ligure
The wanted profiles are different, for machine areas, room and kitchen
PROGRESS AND TECHNOLOGY
Agreement for the digital integration of the FS and AdSP Polo Logistics systems of the Western Liguria
Genoa
SHIPPING
New Oriental Mediterranean Service-Adriatic via Malta of CMA CGM
Marseille
Will have a weekly frequency
COMPETITION
Brussels to give state aid for 1.9 billion euros to German railway company DB Cargo
Brussels
ASSOCIATIONS
Renewed the Governing Council of Wista Italy
Milan
Constancy Musso confirmed president
SHIPPING
Maersk completes orders to three shipyards for 20 new container ships
Copenhagen
In Yangzijiang Shipbuilding committed for six 17,000 teu ships and two from 9,000 teu. At Hanwha Ocean and New Times Shipbuilding ordered six units from 15,000 teu each
ASSOCIATIONS
Biagio Mazzotta assumes the post of Vice-President of the Federation of the Sea
Rome
President of Assonave will be running for vice president of ENMC
PORTS
ESPO calls on the new EU Commission to maintain and strengthen the CEF programme
Brussels
The exhortation is also to better adapt it to the needs of ports and their stakeholders
EDUCATION
The agreement on training between the AdSP of the Tirreno Centre Northern, the ITS Academy, " G. Caboto " and the European Escola
Cyvitavecchia
SHIPPING
Consultation on the extension of the UK ETS to the maritime sector
London
Shipping would be included since 2026
COMPANIES
MSC completes acquisition of a minority stake in HHLA
Hamburg
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
ONE acquires a stake in Jakarta's NPCT1 terminal container
Singapore
It has a traffic capacity of 1.5 million teu per year
PORTS
Transped orders a mobile crane Konecranes Gottwald for its Porto Marghera terminal
Helsinki
It will be taken in delivery in the second quarter of next year
LOGISTICS
Dutch Raben Group and Swiss elvetica Sieber Transport make up a joint venture
Oss / Berneck
It will detect the Swiss company's groupage transport activity
LOGISTICS
Dachser & Fercam Italia has opened a new branch in Arezzo
Bolzano
Three thousand square meters of operational surface area and 400 of offices
SHIPYARDS
Fincantieri initiates agreement with SIMEST for the growth of watermark businesses
Milan / Trieste
MEETINGS
Conference for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
PORTS
Approved the Plan of the Organic Ports of Sardinia
Cagliari
There are 938 workers in the 36 enterprises operating in the scallots
OFFSHORE
Saipem has awarded an EPCI offshore contract from BP in Indonesia
Milan
SHIPPING
Container ship charterer MPCC's revenues fell by -28% in the third quarter
Oslo
RAILWAY TRANSPORT
Fermerci reports delays and cuts to incentives for rail freight transport
Rome
Paper: Real risk of losing 115 million euros
PORTS
In the third quarter, traffic in shipping containers of Moroccan Marsa Maroc increased by 5% percent.
Casablanca
Exhaustion of the growth of transshipment volumes
SHIPYARDS
At Samsung Heavy Industries orders for the construction of four 16,000-teu container carriers
Busan
Commits the value of about 781 million
ENVIRONMENT
Eni-MSC agreement in the field of sustainability and energy transition
San Donato Milanese
It was subscribed by Claudio Descalzi and Diego Aponte
PORTS
The Grimaldi terminal in the port of Barcelona has been equipped with Onshore Power Supply
Barcelona
It will become operational in January
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 for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
››› Meetings File
PRESS REVIEW
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
SHIPYARDS
South Korea's HJSC adjusts a salesperson for four new 7,900-teu container ships
Busan
ASSOCIATIONS
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
LOGISTICS
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
INDUSTRY
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
ASSOCIATIONS
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
SHIPYARDS
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
PORTS
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
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
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