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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:42 GMT+1
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BRIEFS
January 5, 2009
The Business Timesweb site
Shipping News
  • Baltic Dry Index falls as steel demand slumps
    The Baltic Dry Index, a measure of shipping costs for commodities, fell to extend last year's record decline, when steelmakers cut output on slumping demand from builders and a credit freeze curbed trade.

Sched Netweb site
  • Evergreen sees profit ahead, market recovery in 2011
  • India's Gati aims to buy Chinese cargo business for US$5 million
  • Singamas shuts down container production at plant
  • Container spot trading website launched by E6W6.COM
  • Falling prices prompt Indian importers to abandon boxes
  • Antwerp port sees box volumes rise 6pc in 2008
  • Rotterdam connections expand across south-east Europe
  • TAAG Angola Airlines launches Luanda-Beijing chartered service
  • Maytag Aircraft to branch out through JVs into civilian work
  • Trucks benefit from Kansas City airfreight declines

Exim Indiaweb site
  • Malaysian warship foils pirates from seizing Indian vessel
  • Arshiya International starts road transportation services in Middle East
  • Boxship charter rates at all-time low
  • Shree Sainath Agencies excels in providing complete logistics and transportation solutions
  • Anti-dumping duty on Chinese silk to continue
  • ABGKandla Container Terminal ends 2008 on a high
  • CCEA green signal for building deep-draught coal, iron ore berths at Paradip Port
  • Dy Chief Labour Commissioner to hold conciliation talks with Port Labour leaders today
  • LS passes Railways demand for grants
  • Rlys extends sops for moving iron ore for exports
  • Second stimulus package aims at boosting liquidity, spending and investment
  • ...receives mixed response from India Inc
  • RBI cuts repo, reverse repo rates
  • Exports register 9.9 pc fall in Nov.
  • Onion MEP up by Rs 50 a tonne
  • 6 highway projects cleared at revised cost
  • Banking set-up helped India face global economic crisis-Minister

Maritime Global Netweb site
JANUARY 2, 2009
  • New Year starts with another hijacking
  • Singapore delays levy on old bunker barges
  • Genco capesize newbuilding chartered at $65,000/day

Marine Logweb site
JANUARY 2, 2009
  • U.S, Shipping CFO jumps ship with $930K parachute
  • Manitowoc completes shipyards sale
  • New Year: New pirate attacks

World Wide Shipperweb site
JANUARY 2, 2009
  • Manitowoc completes sale of marine segment to Fincantieri
  • US rail freight totals down during holiday week
  • Trucking group releases snow and ice information
  • ITC looking into 'first sale rule' for imports
  • Genco take delivery of Capesize newbuilding

Lloyd's Listweb site
JANUARY 3, 2009
  • Hanjin unit inks Algeciras logistics deal
    HANJIN Shipping's Spanish subsidiary Total Terminal International Algeciras will set up operations at the El Fresno complex.
  • Hanjin is handed third box terminal at Algeciras
  • EU force stops attack on Greek tanker
    EUROPEAN Union naval forces have foiled an attempted pirate attack on a Greek crude oil carrier.

Fairplayweb site
JANUARY 2, 2009
  • LNG spot rates log dismal 2008
    GLOBAL LNG spot prices reached unprecedented lows in 2008 amid a sharp decline in global demand, with US gas import volumes reportedly dropping by more than a half
  • Steep China coke export drop seen
    CHINA'S commerce ministry has predicted a steep drop in its first forecast for coke exports for this year
  • Restart of Gazprom talks reported
    UKRAINE'S president is reported today to be seeking to restart talks with Moscow on restoring Gazprom's flow of gas, which was cut off on Thursday
  • E.ON reacts to Ukraine gas fears
    GERMANY'S E.ON Ruhrgas is preparing for a possible knock-on effect of the ongoing gas dispute between Ukraine and Russian energy giant Gazprom
  • Behind Beijing's coal ripples
    CHINA'S imports of Australian coal fell in 2008, due in part to increased output from Chinese mines

Containerisation Internationalweb site
JANUARY 2, 2009
  • IRISL and CSCL split
  • TSA seeks capacity management deal from FMC
  • Rotterdam's Smits 'not pessimistic' about 2009

TradeWindsweb site
JANUARY 2, 2009
  • CFO quits
    Al Bergeron of struggling US Shipping Partners leaves to "pursue other opportunities".
  • Xanadu sold
    Eastern Mediterranean Maritime reportedly buys Niovis Shipping's 50,200-dwt bulker for $21.5m.
  • Stocks toast 2009
    US shipping stocks start the year with a surge as more than 20 of the sector's share add more than 10% of their value.
  • MPP evades
    Chinese-controlled Chipolbrok Sun outruns would-be hijacker as pirates stage fifth attempted hijacking of the New Year.
  • Scrap bonanza
    I busy week for scrapping, four elderly panamax bulkers headed for date with shipbreakers.
  • Greek VL escapes
    Pirates fail with two attempts to hijack a tanker owned by Vardis Vardinoyannis.
  • Manitowoc exits
    US firm bows out of shipbuilding after 107 years with sale of its yards to Corrado Antonini's Fincantieri.
  • Deal altered
    Agreement between Norden's two largest shareholders will allow them to sell shares to other parties.
  • Attica hammered
    Ferry owner's stock suffers largest reversal in more than a decade as new shares begin trading.
  • French nab pirates
    Navy warship hands over eight suspected pirates to the government of Puntland after foiling attack on a lumber carrier.
  • Man overboard
    Search launched after Carnival Sensation employee goes overboard off Florida.
  • Havila adds more
    Njal Saevik-led owner boosts its interest in KS Havila Saturn.
  • Offshore lay-up
    Norway's RTX parks one vessel and returns a chartered PSV to its owner after shutting down its Gulf of Mexico operation.
  • Sales star for STX
    STX Pan Ocean's shares fly as analysts approve of Korea Express sale.
  • Less on Ofer
    Sammy Ofer's Israel Corp chops salaries of top execs by 10% following economic challenges at home and abroad.
  • Tax boost for BW
    Andreas Sohmen-Pao signs up for Singapore tax exemption scheme as he restructures shipmanagement operation.
  • Skagen tops up
    Norwegian investor splashed out NOK 5.81m to boost its Eidesvik Offshore holding.
  • Greek cape cut up
    Meandros Lines books $5.6m gain after sending ageing bulker for scrapping in Bangladesh.
  • Pirates start early
    Egyptian bulker hijacked off Somalia, but Indian tanker escapes thanks to Malaysian navy.
  • Captain confined
    Master of STX Pan Ocean vessel to spend two months in home confinement for dumping waste.
  • Fee hike delayed
    Singapore has pushed back the implementation date of additional port dues for bunker tankers.
  • UASC cuts back
    United Arab Shipping Co is cutting capacity on its Asia-Europe services in "temporary" move.

American Shipperweb site
JANUARY 2, 2009
  • Investor lawsuit against Horizon Line
  • Toll cuts on Suez possible
  • Germanischer buys maritime software developer/consultant
  • International air freight plummets 13.5 percent
  • Asian air freight down 15.5 percent in November
  • FedEx pushes out 777 deliveries
  • Pakistan raid shuts NATO supply line
  • Stefflre elected IANA chairman
  • Feds process 1 millionth hazmat endorsement
  • China textile profits fall for first time in decade
  • New China advanced manifest rules effective Jan. 1
  • U.S.-Oman free trade pact takes effect
  • Customs publishes AES penalty guidelines
  • FMC reviews 29 OTI license applications
  • DGX opens facility in Manila
  • PSA-Sical: Tariff cuts at Tuticorin make it unviable
  • Cool heads prevail for first Oakland bridge steel load
  • Western Canada port strike deadline extended

The Bunker Bulletinweb site
JANUARY 2, 2009
  • US markets shift gears
    Prices firming to start the year as fundamentals climb.
  • New technology could clean up marine spills
    Membrane found to separate water from oil.
  • Biodiesel and marine fuel blend can reduce CO emissions
    Fuel study reveals improved efficiency, but increase in NOx and CO2.
  • European hub sees prices jump
    Mediterranean markets reporting less movement.
  • Piracy 'declining'
    International Maritime Bureau says increased naval patrols have sharply reduced attacks.
  • China denies claims over Sri Lankan project
    Hambantota port and bunker terminal is 'for commercial purposes only'.
  • Sri Lankan player tenders for product
    Lanka IOC wants 2,000 mt of bunker fuel for end of January
  • Bunkers begin new year with double-digit gains
    Prices in Singapore and Hong Kong up on crude oil gains.
  • Sri Lanka to increase penalties for marine polluters
    New Marine Pollution Act in force from tomorrow.
  • 2008: Extreme price volatility in Asian hub
    A year of record price fluctuations in Singapore.
  • 'Significant' cuts in February, Saudi says
    Saudi Arabia to deepen cuts in oil output.

›››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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