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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
July 6, 2009
The Business Timesweb site
Shipping News
  • Baltic Dry Index posts 2nd straight weekly drop
    The Baltic Dry Index, a measure of shipping costs for commodities, posted a second straight weekly decline on concern that demand to haul iron ore is set to slow.
  • Kawasaki's China venture to delay shipyard operations by three years
    Kawasaki Heavy Industries Ltd's shipbuilding venture in China will delay operations of a second dock in Dalian by three years as the global recession dries up demand.
  • Shippers may cancel up to 15% of vessel orders
    Shippers may cancel as much as 15 per cent of orders for new vessels and delay taking deliveries to cope with a lack of financing and a drop in demand amid the global recession, Poten & Partners said.

Sched Netweb site
  • Safmarine starts Far East-southern Africa Safari 3 loop
  • Da Chan Bay welcomes Maersk Line service's first call
  • Ningbo cross-strait direct shipping volume hit 50,000 TEU in May
  • Ship operator in oil spill faces possible $40 million fine
  • Iceland's troubled Eimskip banks on LA takeover
  • Ford stays with UPS for logistics support
  • Former NYK president appointed chairman of Japan-Belgium Society
  • FedEx's Baiyun hub's expectations fall, but airport expects profit
  • China Southern Airlines launches five new service
  • St Louis seeks larger chunk of air freight with China
  • Singapore aviation reorganisation creates Changi Airport Group

Maritime Global Netweb site
JULY 3, 2009
  • US offshore wind gets RI go-ahead
  • Tank containers cut carbon footprint in half
  • Suspended jail terms for QM2 builders
  • Eimskip to be taken over by creditors

Lloyd's Listweb site
JULY 3, 2009
  • Pressure on pirates could soon win release of ships
    NEGOTIATORS predict four or five captured vessels will be freed in the next two months.
  • Security firms deny collusion over ransoms
  • Surprise rise in June OTC derivatives trading
    TRADE in uncleared FFAs 'still has a pulse'.
  • Italy in push for Gulf of Aden coastguard
    SHIPOWNERS call for European action to develop coastguard operations in the countries bordering the area.

Fairplayweb site
JULY 3, 2009
  • Asia/Europe box rates firming
    BOX RATES on Asia/Europe routes are beginning to firm since the 1 July rate restoration schemes by major carriers
  • Maersk rejects VLGC leasing
    MAERSK Tankers will not lease out their VLGC vessels at current poor charter rates, Fairplay was told today
  • China bourse up 62.5% in 1H
    OPTIMISM has continued to fuel China's economy, with its stock market index rising by 62.5% in the first six months of 2009, Beijing's official newspaper reported today
  • Russian gas production falls
    RUSSIA'S gas production dropped by a dramatic 30% in June, compared with the same month of 2008
  • QMII defendants sentenced
    A FRENCH appeals court has imposed suspended prison sentences on four people in an accident that killed 16 people visiting the cruise ship Queen Mary 2
  • Hapag might seek Berlin loans
    GERMAN box liner Hapag-Lloyd might try to obtain government loans or guarantees to weather the slump in traffic and freight rates
  • India revives SCI sale scheme
    INDIA's government is again looking at selling up to 15% of its stake in Shipping Corp of India

Containerisation Internationalweb site
JULY 3, 2009
  • Consultants that don't consult
    There is a well known joke about consultants that goes: What is a consultant? - Answer: Someone who borrows your watch, tells you the time, and then keeps the watch.
  • MSC makes changes to its Golden Gate service
  • K Line leaves ELAA
  • COSCON launches rates offensive
  • FMC moves to end port operator exemption
  • Tank containers are greener

TradeWindsweb site
JULY 3, 2009
  • Saverys' bulkers
    Alexander Saverys says Delphis is now a dry-cargo owner having altered a boxship order at Hanjin Heavy Industries.
  • Pirate porridge
    Russia warns pirates that capture by warships will mean Moscow trial and time behind bars.
  • Ordering ordeal
    Newbuilding contracts down nearly 90% in the first half with bulkers and boxships the biggest fallers.
  • Nordic bash
    No pollution reported as Norwegian tanker and Russian cargoship collide in Oresund Strait.
  • Dry switch
    European owner swaps four boxships for a trio of bulkers in revised order at Hanjin Heavy Industries, with Delphis the stand-out candidate.
  • It's quotes time
    Getting cash from the ATM is proving a little too easy for Omar Nokta.
  • Feeder fund
    Emergency cash raised as investors in JR Shipping fleet hit in the wallet by market slump.
  • Ferry blow-out
    Blown transformer caused Staten Island ferry crash that injured 15 people in New York.
  • Irish erosion
    Port volumes fell by nearly 6% in Ireland in 2008 as imports plunged.
  • Hapag hand-out?
    German container line could ask government for cash to get it through tough times, shareholder says.
  • Cido sheds again
    Tonnage exodus at South Korean owner continues with sale of two tankers.
  • Waiving again
    Eitzen Chemical follows Camillo Eitzen in announcing new deal with banks on covenants.
  • New5 in Numb3rs
    RS Platou's offshore number one Hans Christensen is switching camps while 150 of John Fredriksen's ships are crossing over to Bergvall Marine for hull cover.
  • Swift profit
    John Fredriksen's Seadrill bags $20m profit on rig sale after buying it from Ship Finance International.
  • Banks set to seize
    Clarkson boss Andi Case says banks will step up vessel repossessions with installment deadlines looming.
  • Panama change
    Fishing industry expert Roberto Linares lands top job at Panama Maritime Authority.
  • Guilty
    Four men given suspended prison sentences for their part in the fatal Queen Mary 2 gangway collapse in 2003.
  • Part payment
    Striking workers at Bulgaria's Rousse Shipyard are paid half of April's salary as deal with bosses looks likely.
  • Drugs dwindle
    Shipowners and managers are finding swine flu anti-viral Tamiflu increasingly hard to get hold of.
  • Ferry probe
    Investigation begins into switching of gears on Fullers ferry in New Zealand that caused it to hit berth.
  • Reefer boost
    Fred Olsen to guarantee $30m share issue to shore up finances of his reefer operation Oceanlink.
  • Ship sales slip
    After hitting an eight-month high in May, a drop in tanker sales push second-hand ship deals down in June.
  • Trio combine
    CMA CGM, CSAV and CSCL throw in their lot together on the Asia, Mexico and Caribbean route.
  • HHI starts FPSO
    South Korea's Hyundai Heavy Industries has made the first use of its specially-designed H-dock.
  • MSC Japan cuts
    Mediterranean Shipping Co is terminating a service linking several Japanese ports with Chiwan in China.
  • MISC offloads
    Malaysian shipowner has sold two small single-hulled product tankers to Nigerian outfit.

The Scandinavian Shipping Gazetteweb site
JULY 3, 2009
  • BLRT rebuilds bunker vessels
    The Estonian yard group BLRT Grupp has found a niche market ' converting single-hull bunker vessels into double-hull vessels in accordance with MARPOL regulations. The group's yard, Tallinn Shipyard
  • Unifeeder to Gävle
    Danish Unifeeder will begin a service to Gävle Container Terminal, GCT, in August. Unifeeder transports other shipping companies' containers to European ports such as Rotterdam, Hamburg, Bremerhaven and Antwerp. "This
  • Havyard Leirvik lays off 40 employees
    The Norwegian yard Havyard Leirvik has been forced to lay off 40 of 210 permanent employees due to the recession. The yard has already reduced the number of hired personnel
  • Eestinova takes delivery of Emi Leader
    Onega Shipbuilding Yard in Petrozavodsk has delivered the Emi Leader to the Estonian shipping company Eestinova O' in St. Petersburg. It is the second vessel in a series of four

The Bunker Bulletinweb site
JULY 3, 2009
  • New barge for Petrobras
    Both IFO and distillate fuel available.
  • Interest to be paid on oil spill penalty
    Case slowly comes to a close as Exxon agrees to pay.
  • Quiet day of trading on markets
    Softening prices expected if fundamentals continue downward trend.
  • IMO considers ban on heavy fuel oil in Antarctic waters
    Calls for adoption of amendment later this year.
  • Bunker prices softening as week ends
    Southern European markets see deepest losses.
  • Unauthorised trades triggered crude spike
    Trader suspended after oil brokerage loses almost $10 million.
  • Container line considers asking for state aid
    Hapag-Lloyd shareholder says the German state should act to ensure fleet survives.
  • Tight bunker avails support Asian prices
    Bunker prices in most key Asian ports firmed on Friday.
  • Another trading company 'eyes' Singapore bunker market
    Mercuria Energy says 'going into bunkers' is a possibility.
  • Singapore supplier shuts down
    Returns its bunkering license to the port authority.
  • Company and engineer fined for bunker spill
    UK Environment Agency says it was a 'serious incident that could have been avoided'.
  • Brightoil starts operations in Shanghai
    Deploys four double-hull bunker tankers and leases storage for its new operations.
  • Sri Lanka supplier buys 8,800 dwt bunker tanker
    Large bunker tanker to double as 'floating storage' to address a shortage of space at Colombo's shore terminal.
  • Hong Kong supplier builds double-hull for end-2009 delivery
    Bunker tanker at about 5,000 dwt will be the territory's second biggest barge.

›››File
FROM THE HOME PAGE
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
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%)
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.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
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
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
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
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
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%
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
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
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
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
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
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
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
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
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
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%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
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
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)
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
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
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%.
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
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
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
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
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
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
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
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
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
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
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"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
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
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"
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
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
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
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
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
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%
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
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
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
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
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
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
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
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
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
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
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
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
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"
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
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
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
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%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
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
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
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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