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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:20 GMT+1
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BRIEFS
May 4, 2009
The Business Timesweb site
Shipping News
  • Maersk may sell passenger ferry unit
    AP Moeller-Maersk A/S, Denmark's biggest company, is in talks to sell its passenger ferry operator to focus on returning its container division to profit and expanding oil activities.
  • Kuwait group drops plan to buy Manila shipping firm
    UNABLE to raise funds from a recession-hit debt market, Kuwait-linked KGLI-NM Holdings Inc has backed out from a deal to buy out the Philippine's largest and oldest shipping company, Aboitiz Transport System (ATS).
  • Baltic Dry Index up 1.1% on rising steel prices
    The Baltic Dry Index, a gauge of world trade, gained for a second day on speculation that rising steel prices will spur demand for iron ore.

Sched Netweb site
  • HK exports 'better, but not good' as March exports slide 19pc
  • YICT launches Yantian to Xiaolan barge express
  • Horizon Lines suffers first quarter loss of US$10 million
  • China Merchants Zhangzhou Terminal, Wanhai offer service
  • China port uptick in March from stimulus-funded coal buys: expert
  • Zimbabwe to build inland port near Harare International Airport
  • Sino-International Forwarder Conference held June 11-14
  • Breakbulk Europe conference held in Antwerp May 26-28
  • DHL adds Boeing 747-400F to Hong Kong- Singapore route
  • First quarter Chongqing Airport export volume falls 27pc
  • AirBridgeCargo Airlines honoured with Wings of Russia award

Exim Indiaweb site
  • Scrapping of single-hull & aged vessels may cause VLCC rates to double in Oct.-Dec.
  • Greatship takes delivery of AHTSV
  • Exports decelerate by 33 pc in March
  • Exports may pick up only in 2010-11, feels Pillai
  • Soft credit for exporters continues till October
  • Fieo chief pleads for export credit at least at 7pc
  • Sensitive goods imports surge by 30.5 pc in April-Feb 2008-09
  • Spanish naval frigate makes friendly maiden call at Mumbai Port
  • Arshiya overcomes challenging year to post excellent results all round
  • Officials find stimulus packages beginning to yield results
  • D. B. Group India moves into new headquarters
  • Capt P. V. K. Mohan re-elected President of Force Congress
  • GDL posts positive growth in profits & revenue in 2008-09

Maritime Global Netweb site
MAY 1, 2009
  • Hamburg Sud and Hapag-Lloyd continue Atlantic link-up, Sud drops solo route
  • ABS has strong 2008
  • AP Moller-Maersk in talks over Norfolkline
  • Panama Canal drops fees

Marine Logweb site
MAY 3, 2009
  • Credit crunch kills contract for advanced MPV
  • Vinyard takes SCA chair

World Wide Shipperweb site
MAY 1, 2009
  • Allegiant Air set to begin Bellingham to Los Angeles flights
  • Rail freight traffic count drops down during week
  • Crowley aids employees in TWIC credential process
  • Port of Tacoma talks 'change' at annual breakfast meeting
  • Potential bidders take tour of Panama Canal project site

Lloyd's Listweb site
MAY 1, 2009
  • ACP offers short term relief to boxlines
    PANAMA Canal Authority to offer limited concession to show "sensitivity to customer needs".
  • Panama Canal resists pressure for a cut in tolls
  • ABS boss sees "silver lining in gathering clouds"
    IMPENDING contraction in newbuilding activity offers "opportunity to chart a new course", says Robert Somerville.
  • US Shipping outlines bankruptcy plan details
    US Shipping able to hold on to its $15m cash balance through the bankruptcy period.

Fairplayweb site
MAY 1, 2009
  • LNG market seen up 7% a year
    THE GLOBAL market for LNG will expand by 7% a year until 2020 despite the recession, the Australian producer Woodside Energy predicted today
  • Nine held in cruise drug case
    BARCELONA police have smashed a smuggling ring that allegedly used cruise ships to transport cocaine from Brazil to Spain, Spanish police announced today
  • Panama unveils transit relief
    THE PANAMA Canal Authority will implement temporary measures to reduce some transit costs through 30 September
  • Termination fees hit DryShips
    DRYSHIPS has reported $101.8M in first-quarter losses, driven by cancellation costs and a sharp drop-off in rates
  • Economou bullish on prospects
    DRYSHIPS chairman George Economou cited positive signs today on both supply and demand and offered assurances on his company's yet-to-be finalised covenant waivers
  • Rise seen in shipping accidents
    DNV SAID today losses from navigational shipping accidents continued to increase last year, which confirmed its prediction of February 2008
  • Alabama master in ship arms plea
    MAERSK Alabama captain Richard Phillips has publicly advocated arming ranking officers aboard vessels transiting piracy-prone waters

The Journal of Commerceweb site
MAY 1, 2009
  • U.S. Shipping Partners Files Chapter 11
  • Trade Rep. Touts Intellectual Property
  • May Day Rally Canceled
  • Houston to Receive $98.3M in Stimulus
  • Global Ship Lease to Amend Credit Terms
  • Grimaldi Group Ro-Ro Service Begins at Port of Boston
  • 10 Tips to Choosing the Right Dispatch Solution
  • KCS Monitors Flu, Shipments Go On
  • Short Line Traffic Hits Low for Year
  • Corps of Engineers to Spend $4.6B on Stimulus Projects
  • A.P. Moller-Maersk in Talks to Sell Norfolkline
  • Maersk Hikes Asia-Latin America Rates
  • Heathrow Cargo Falls 14.6 Percent
  • Manufacturing Index Jumps in April
  • Factory Shipment Decline Hits Longest Streak in March
  • Mexico Begins Swine Flu Shutdown
  • Covenant Transport Loses Less in 1Q
  • Asia-Australia Lines Hike Surcharges
  • APM Terminals Joins Congo Terminal Group
  • Panama Canal to Cut Some Tolls in June

Containerisation Internationalweb site
MAY 1, 2009
  • Virus upon virus
    Just as confidence started seeping back into global bourses, and the shipping industry began to eagerly anticipate the prospect of a slow recovery, a swine flu pandemic is threatening to derail this fragile progress and stymie globalisation. Yesterday (April 30), the UN's World Health Organisation (WHO) raised the alert level to category five - one level short of a full pandemic.
  • Cosco's 2008 profit plunge
  • Gothenburg to be privatised
  • Swine flu setback for US exports
  • APM T to invest in Congo Terminal
  • Panama Canal launches customer cost saving plan

TradeWindsweb site
MAY 1, 2009
  • Tropical defies
    Caribbean liner player Tropical Shipping posts increase in operating income despite fall in revenue.
  • Turkish attack
    Pirates fire on Turkish boxship an incredible 1,150 nautical miles off the East African coast.
  • Nord Whale sold
    Greek interests said to have purchased Norden's supramax bulker Nord Whale for $24.5m.
  • Saldanha freed
    Economou confirms release by pirates and says DryShips could cancel another vessel deal but also could raise
  • Emarat ship sold?
    Brokers say Emarat Maritime's handymax Dubai Guardian has found a new home for $17m.
  • Canal reprieve
    Panama Canal Authority reduces fees for ship transits to help "clients mitigate the effects of the current economic crisis."
  • DryShips shifting
    A $100m loss can't keep bulker owner's stock down as first quarter figures top Wall Street forecasts.
  • Unparalleled drop
    Matson Navigation suffers quarterly loss after volume drops with "no modern parallel."
  • Top brass beams
    Eitzen Group executives see earnings boosted in 2008.
  • DFDS eyes ro-ros
    Danish ferry group says it is one of potential buyers of Maersk's Norfolkline business.
  • It's quotes time
    South Park gets in on the Somali piracy game as buccaneers are left planking it by wily crew.
  • Aegean adds one
    Greek bunker player picks up tanker from Norwegian owner for undisclosed fee.
  • Dry delight
    Bulker owner Taiwan Navigation manages profit rise in first quarter as costs are slashed.
  • Size matters
    Minnows of the global chemical tanker fleet are set to recover first because of small orderbook, says DVB.
  • DryShips loses
    Greek bulker owner spends second consecutive quarter in the red, but CEO George Economou is talking tough as numbers beat forecasts.
  • Blaze kills one
    Crewman suffocates after broken fuel pipe leads to fire on Vietnam government-owned ship.
  • Losing more
    Taiwanese boxship owner Wan Hai slips to bigger loss in first quarter as costs outstrip revenues.
  • Forth's first down
    Trading down in opening quarter at UK's Forth Ports but on target to meet "challenging" year.
  • Happy 280th
    Croatia's Kraljevica shipyard celebrates its founding in 1729 as privatisation nears.
  • GSL wins waiver
    Ian Webber-led boxship owner has two months to amend $800m loan after dearth of ship valuations put covenants in question.
  • AHTS gets $10m
    Pacific Radiance of Singapore cashes in new anchor handler in deal with Global Marine Services.
  • U-Ming falls
    Taiwanese bulker owner's profit almost halves in tough first quarter.
  • Losses cut
    2008 deficit reduced at Ukrainian shipyard Izmail as revenues improve.
  • Maersk to sell
    Danish giant in talks to dispose of UK to Europe ro-ro unit Norfolkline.
  • Greek buys OSV
    Environmental Marine buys ageing standby rescue vessel from British owner.
  • More at Marenave
    German shipping trust says it is well placed this year after tankers boost earnings in 2008.
  • Zim returns six
    Israeli container line chops charters of sextet of vessels owned by controlling Ofer family.
  • Time lag
    US class society ABS is expecting a slow-down in its business from 2010 as slump in ship orders hits.
  • Courage needed
    Singapore-listed bulker player issues profit warning and expects to report a loss in the first quarter.
  • Sunk by sand
    Ro-ro goes down in St Kitts after loading five trucks filled with sand.
  • Box fight
    Hamburg Sud and South American liner operators secure arrest of containers on broken-down boxship in California.
  • Shinwa Naiko woe
    Japanese coastal bulker owner fails to escape dry bulk downturn as profits nearly evaporate.
  • Data still weak
    Ongoing global slowdown continues to depress volumes and rates at Neptune Orient Lines.

American Shipperweb site
MAY 1, 2009
  • Phillips: Military should protect U.S.-flag ships
  • Maersk looking at ferry "transaction"
  • Chan heads China marketing for GAC Shipping
  • Martinair cargo executive to plead guilty to price fixing
  • DHL expands Taipei, Incheon hubs
  • Hong Kong airport cuts landing, parking fees
  • Strike threat from Vancouver truckers
  • Mountain Valley Express adds Arizona
  • Army Corps leaves Soo Lock off stimulus project list
  • CBP to adjust "10+2" filing logs, deadline intact
  • Napolitano looks to cut fat from DHS
  • APL to overhaul Stein Mart's distribution
  • FMC reviews 52 OTI license applications
  • MSC extends Baltimore contract for 6 years
  • China hawks Shanghai as shipping hub
  • Congo container terminal overhaul begins

The Bunker Bulletinweb site
MAY 1, 2009
  • Activity limited but prices firming as week ends
    380 cst fuel at a six-month high in Houston and Los Angeles.
  • Panama Canal Authority upgrades fleet
    Plans for total fleet of 46 tugs by 2014.
  • US 'no longer absent without leave'
    ECA proposal follows Europe's lead, PM control 'not a new issue'.
  • Lower bunker prices impact first quarter revenue
    Matson Navigation sees falls in freight volumes that are without 'modern parallel'.
  • Holiday hits bunker activity in European ports
    Little price movement seen, although crude oil market was firming.
  • Aegean secures its biggest tanker yet
    Plans to employ 'one of the largest bunkering tankers in the world' in UAE waters.
  • World's 'biggest' bunker barge due this month
    The first of two 22,000 dwt bunkering vessels expected in Singapore at the end of May.
  • Shipping can help combat global warming
    UK Chamber of Shipping defends industry's record on the environment.
  • Bunker spill clean-up costs nearly double
    Australian official says bill could reach $18 million.
  • Falmouth bunker spill leads to fine
    Shipping firm order to pay $15,000 for bunker spill in UK port.
  • South Korean traders grapple with slowing sales
    Oil refiners putting less marine fuel onto the market.

›››File
FROM THE HOME PAGE
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%)
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.
PORTS
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
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
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
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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