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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:34 GMT+1
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BRIEFS
January 8, 2009
The Business Timesweb site
Shipping News
  • US Shipping defaults on debts, in talks with lenders
    US Shipping Partners LP, a carrier of petroleum products, is in talks with lenders after defaulting on US$333 million of debt, becoming at least the fifth shipping line worldwide to succumb to a collapse in cargo rates.
  • Armada owes US$500m to creditors
    Armada (Singapore) Pte, which won Singapore court protection this week, said it owes at least US$500 million to creditors including Kawasaki Kisen Kaisha Ltd after the price of hauling coal, ore and grains collapsed.
  • Japan seeks Australia's help to thwart activists
    With the annual battle between Japanese whalers and their opponents heating up again, Japan said on Tuesday that it would formally ask Australia to keep anti-whaling activists and their ship, the Steve Irwin, from refuelling at Australian ports.
  • Shanghai port's net profit rises 27%
  • Daewoo shares hit 3-month high

Sched Netweb site
  • AP Moller-Maersk to cut head office staff 12pc to 730
  • Euroseas cuts container ship charter rates 33pc
  • East-west routes reduce available Aug-Jan capacity by 11.5pc
  • NYK president to focus overland, air freight, logistics
  • Double loop regional UASC service to India, Red Sea
  • Mega merger makes Sinotrans No 2 in logistics after Cosco
  • Global financial credit crises will prevent over-tonnage
  • China relents on copycat 24-hour manifest filing rule
  • Forwarders protest Tanzania doubling container storage fees
  • India 3PLs to grow 55pc by 2012, says Chamber of Commerce study
  • Antwerp acquires authority for source of the Scheldt
  • CAAC approves set up of new air cargo carriers
  • Xishuangbanna Airport expansion construction begins
  • USPS changes mail programme for direct village hub service

Maritime Global Netweb site
JANUARY 7, 2009
  • Bourbon vessel freed
  • US Shipping Partners defaults
  • Maersk cuts HQ jobs
  • Aegean to be sole bunker supplier at Tangiers
  • California state sues Cosco Busan operator
  • St Lawrence cargoes down 5%
  • Offshore Ship Designers opens Bideford office

Marine Logweb site
JANUARY 7, 2009
  • CMA names COSCO CEO as next Commodore
  • California seeks damages in Cosco Busan case
  • Maersk cuts 100 headquarters jobs
  • Citibank arranges $850 million financing for Stena drillship newbuild

World Wide Shipperweb site
JANUARY 7, 2009
  • Seattle Port Commission elects officers for 2009
  • Yang Ming launches two new container vessels
  • Portland Shipping Club calls for 'Old Salt' nominations
  • Port of Tacoma places 2009 budget document online
  • TSA works with St. Lucia in aviation security program

Lloyd's Listweb site
JANUARY 7, 2009
  • River Fal forced to turn away ships as space runs out
    REQUEST to lay-up seven vessels rejected as river runs out of capacity
  • Steel price slump could reduce cost of newbuildings
    MASSIVE falls in steel plate prices could see the cost of newbuildings fall for the first time in five years

Fairplayweb site
JANUARY 7, 2009
  • Ukraine gas conduit runs dry
    RUSSIA gas supplies to Europe through Ukraine dried up today as the dispute over payments rumbled on
  • Houston Refining files Chapter 11
    LYONDELLBASELL Industries is seeking Chapter 11 bankruptcy protection for its US operations, including Houston Refining and more than a dozen Gulf Coast chemical plants
  • Analysts hail Norden ship sale
    NORDEN'S decision to sell six bulk carriers is a shrewd move motivated by attractive sale prices at a time of poor drybulk rates, analysts told Fairplay today
  • Mærsk cuts 100 jobs in shuffle
    DANISH shipping giant Mærsk will axe about 100 jobs as it reorganises its headquarters in Copenhagen, a spokesman told Fairplay today
  • Seaway traffic fell 5% in 2008
    A STEEP drop in US grain exports and lower steel imports translated into a 5% decline in traffic for the St Lawrence Seaway during 2008, its managers have reported
  • Turkish bulker and crew released
    PIRATES have released a Turkish bulker and its 20 crew
  • Canadian coal cuts ahead
    CANADA'S West Coast coal shipments will be reduced because of production cuts at two northeastern British Columbia mines

The Journal of Commerceweb site
JANUARY 7, 2009
  • Uproar over plan to shut Saturday truck gates at Port of Los Angeles-Long Beach
    Marine terminal operators at largest U.S. import gateway cite decline in container traffic for decision to close costly extended gates
  • Uproar over plan to shut LA-Long Beach Saturday gates
  • APL moving HQ to Phoenix
  • CBP holds 10+2 sessions
  • US Customs advises on Canada port diversions
  • Chamber: Free trade pacts should top Obama agenda
  • Grain hits Seaway volumes
  • California stevedore sues for work at Port Everglades
  • MSC ship salvage near end
  • NYK eyes US airfreight deal
  • MOL renews with GT Nexus

Containerisation Internationalweb site
JANUARY 7, 2009
  • Shanghai misses revised target
  • Indian truck strike begins to bite
  • Maersk axes 12% of HQ jobs
  • Salalah takes charge of new equipment
  • TPA doubles box storage charges

TradeWindsweb site
JANUARY 7, 2009
  • NAT seeks cash
    Herbjorn Hansson-led Nordic American Tanker Shipping preps new share issue to poise itself for more vessel buys.
  • California sues
    State agencies sue owner, operator and pilot of the Cosco Busan a year after a fuel oil spill of San Francisco.
  • Chem player files
    On the line for millions of dollars to shipping companies, chemical company and tanker charterer LyondellBasell seeks bankruptcy protection in New York.
  • 'We paid ransom'
    Advisor to Turkish owner of released bulker Yasa Neslihan says money delivered by airdrop.
  • Bulker view cut
    Oppenheimer analyst slashes dry-bulk rate and earnings forecasts as a soft market keeps break-even rates barely covered.
  • Charterer folds
    Oilexco North Sea files for insolvency in the UK but is hopeful of finding a buyer.
  • Maersk axes 100
    Reorganisation of headquarters due to trading pressure leads to further job losses at Danish giant.
  • Yasa Neslihan free
    Turkish ship held for 10 weeks by Somali pirates reportedly released with 20 crew all well.
  • OWS trips up two
    Oily-water separator violations lead to car carrier and tanker detentions, among nine ships held in the United States.
  • Leda ransomed?
    Bourbon vessel and crew seized off Nigeria freed but owner leaves more questions unanswered.
  • Rate drop
    Philippines ro-ro players Aboitiz and Negros Navigation likely to lower prices as fuel burden eases.
  • MCA's man
    UK coastguard agency appoints Carnival UK fleet general manager Philip Naylor as director of maritime services.
  • Ka-shing!
    Hong Kong billionaire port owner Li Ka-shing could get even richer with bank share sell off.
  • Courage offloads
    Singapore-listed bulker operator continues its fleet re-jig with disposal of panamax bulker.
  • Careless clash
    Boxship, fishing vessel spotted each other on radar 10 minutes before UK collision, but neither monitored situation.
  • Shanghai soars
    SIPGC, operator of China's biggest port, says 2008 profit up 27% as volumes grew.
  • Ro-ro mission
    Philippines' Star Horse Shipping brings in Korean ship on vital 'missionary' route from Batangas to Marindugue.
  • Gone by August
    Dutch salvor GRM says remains of MSC Napoli will finally be removed from UK beach this summer.
  • Aegean in Morocco
    Nikolas Tavlarios-led bunker company ties-up exclusive agreement with new Moroccan port.
  • Crush hour
    Kenyan commuters injured in rush for only ferry left operating across Likoni channel in Mombasa.

American Shipperweb site
JANUARY 7, 2009
  • Maersk reorganizing, cutting 100 jobs
  • CTSA lowers bunker surcharges 10.9%
  • MOL re-ups with GT Nexus
  • Cathay issues profit warning
  • International air freight plummets 13.5 percent
  • Asian air freight down 15.5 percent in November
  • Kenya, Uganda propose port rail link
  • Con-way settles CF pensions dispute
  • Challenges filed to stop CN's short line buy
  • Obama: Stimulus to be earmark-free zone
  • Industrial real estate to rebound in '09
  • U.S. considers Peruvian avocados imports
  • UTi taps UPS executive as CEO
  • Customs publishes AES penalty guidelines
  • FMC reviews 29 OTI license applications
  • Users decry PierPASS Saturday hours end
  • CBP guidance for diverting ships from BC ports
  • Suez doesn't lower transit tolls

The Scandinavian Shipping Gazetteweb site
JANUARY 7, 2009
  • No Lloyd Werft takeover for Fincantieri
    Italian Fincantieri will not take over the German repair yard Lloyd Werft. In may 2006 Fincantieri acquired 21.1 per cent of the shares in Lloyd Werft for 8 EUR million and the company had an option to acquire 51 ...
  • Market downturn gives Nor-Shipping upturn
    Nor-Shipping 2009 expects this year's event to be the biggest in its forty year history. The exhibition is practically sold out, even after the introduction of a new exhibition hall which increases the capacity by 30 per cent. 'We ...
  • Chinese warships to Somalia
    On Monday three Chinese warships arrived to the waters off Somalia to fight piracy. Vessels registered in China or Chinese vessels registered abroad will be eligible for protection as convoying, Fairplay reports. Some days ago the French navy's vessel Jean ...

The Bunker Bulletinweb site
JANUARY 7, 2009
  • European bunker prices still firming
    Markets close before publication of bearish US inventory data.
  • Indian trucker strike affecting supply
    Disruptions occurring at ports across the country says trader.
  • Operators predict lower rates for 2009
    Philippines shipping companies to cut charges as bunker prices fall.
  • Crude slumps following bearish US inventory data
    Inventories gain more than expected.
  • Q1 start for new bunkering service
    Aegean says Tangiers is 'well positioned for future growth'.
  • Arbitrage volumes expected to rise still further
    Trading window between Europe and Asia has re-opened.
  • Durban refinery resumes partial production
    Engen not back in the bunker market yet.
  • Global player 'pooling' its market knowledge
    O.W. Bunker to open a Singapore Trading Desk in the United Kingdom.
  • Asian bunkers mixed mid-week
    Buyers sidelined by high prices in Singapore.
  • Indian oil officials strike
    Marine fuel supplies yet to be affected says IOC.
  • Napoli wreck to be cleared by August
    Removal of final section has been awarded to a Dutch salvage company.
  • LSFO bunker demand falls in Japan
    Premiums to high sulphur grades have increased since supply resumed in October.
  • Asia sees big fuel oil volumes in January
    High cargo inflows come at a time when Chinese imports have tapered off

›››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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