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23 November 2024 - Year XXVIII
Independent journal on economy and transport policy
09:12 GMT+1
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BRIEFS
June 8, 2009
The Business Timesweb site
Shipping News
  • Traders book VLCCs to store diesel
    Trading companies have booked brand new Very Large Crude Carriers (VLCCs) in a rare move to store diesel off Singapore waters or North- west Europe from this month, taking advantage of a contango market amid a demand slump.

Sched Netweb site
  • Hanjin restructures PSX and CAX into new service offerings
  • Last two Da Chan Bay Terminal One berths to open for trials
  • Maersk Logistics and Damco to merge under Damco name by September 7
  • Iran to open trade offices in HK, Urumqi, Beijing, Shanghai, Guangzhou
  • Two surveys show Chinese manufacturing expanded in May
  • Guangzhou tries harder, sees box volume up 5.7pc
  • SCT upgrades to SPARCS 3.7 for ship, yard planning
  • Maersk Broker predicts charter market upturn at year's-end
  • Southern Asia Ports Logistics and Shipping conference Sept 24-25
  • Panama Canal holds marine simulation, manoeuvrability meet
  • KLM increases Chengdu-Amsterdam flights to thrice weekly
  • WFS warehouse in Pittsburgh certified to screen air cargo
  • Falling cargo volumes clip the wings of Anchorage Airport

Exim Indiaweb site
  • Samsara becomes 1st liner shipping agency to open offices in Jalandhar & Chandigarh
  • Panama Canal expansion work in full swing despite global downturn
  • Baltic Dry Index surges by 5.4 pc
  • SCI places orders for 2 AHTSVs with Cochin Shipyard
  • Maersk Logistics & Damco to combine as new market force
  • Three-fold rise in cotton exports in 2009-10 projected
  • Onion exports shrink in May
  • India, Asean may ink FTA in Aug.
  • New Customs checking procedure of import boxes speeds up cargo flow at Cochin Port, saves costs
  • Govt working out new financing policy for infrastructure projects
  • Seatrans moves full CONCOR rakeload of goods ex-ICD Sabarmati to Port Pipavav
  • Railways trims freight rates of iron ore for domestic use
  • IMC chief critical of hike in stamp duties & retention of Octroi in state budget
  • CII spots tax reforms in Maharashtra budget
  • MSMEs worst hit by slump, finds PHD Chamber's survey
  • Capital inflow to double this fiscal-Morgan Stanley
  • Fund for MSME sector taking shape
  • Rahul Khullar appointed new Commerce Secretary
  • Montek stays at helm of recast Plan panel
  • 37 pc job loss in engineering sector feared
  • Changes in Land Acquisition Act, rehabilitation Bills to be introduced
  • Govts, regulators remain drag on aviation's progress-Cathay CEO
  • Steel prices may be hiked next month
  • GST implementation by April 2010
  • Emirates SkyCargo adds Slovenia to network

Maritime Global Netweb site
JUNE 5, 2009
  • Indian Navy foils pirate attack
  • New criminalisation think tank
  • EU's LRIT operation up and running
  • Crew win wages case after three years

Marine Logweb site
JUNE 7, 2009
  • Search starts for new Wadan Yards investor

World Wide Shipperweb site
JUNE 5, 2009
  • Larger Grand Alliance ships making Port of Seattle calls
  • Public meeting will discuss Port of Portland budget
  • Coast Guard presents award for Puget Sound bunkering project
  • Port of Astoria looking for applications for commissioner
  • US rail freight traffic count shows signs of improvement

Lloyd's Listweb site
JUNE 5, 2009
  • Questions asked over 'erratic' Baltic index
    CAPESIZE rate spike raises doubts over accuracy of broker assessments.
  • Derivatives crash hits capesize spot rates
  • MP urges huge fines for emissions scheme cheats
    TIM Yeo says shipowners who cheat on any future cap and trade requirements to tackle emissions should face huge fines.
  • UK Transport Secretary Geoff Hoon quits
    THE political bloodbath in the UK claimed yet another cabinet minister's scalp today as Secretary of Transport Geoff Hoon quit.

Fairplayweb site
JUNE 5, 2009
  • Wadan yards file for bankrupcy
    SHIPYARDS in Wismar and Rostock in Germany today filed for bankruptcy protection after talks failed to secure fresh funding from their majority shareholder FLC West
  • Rio's Chinalco deal collapses
    RIO TINTO launched a $15.2Bn worldwide rights issue today to raise capital after confirming that it has walked away from a proposed $19.5Bn investment from China's government-owned Chinalco
  • ThyssenKrupp to slash jobs
    GERMANY'S shipbuilding group ThyssenKrupp Marine Systems plans to axe 450 jobs in Kiel and Emden
  • Spanish call general strike
    METAL industry and yard unions in Galicia in northwest Spain today called an open-ended general strike for 12 June, reflecting increasingly violent relations between yard managers and workers
  • Role seen for armed guards
    THERE are times when armed guards on ships are the preferred response to piracy, according to BIMCO and International Chamber of Shipping representatives
  • Malaysian exports dive
    MALAYSIAN exports fell 26.3% to 41.12Bn ringgits ($11.8Bn) ' a larger-than-expected margin ' in April, IHS Global Insight reported today

The Journal of Commerceweb site
JUNE 5, 2009
  • Teamsters, Safety Groups Blast FMCSA Pick
  • Lawmakers Urge Climate Change Policy
  • TNT Launches South America Road Network
  • Carriers Deploy Larger Ships in Seattle
  • OHL to Run Candy Maker's Warehouse
  • Eurozone GDP Fell 4.8 Percent
  • Jobs Stabilize for Rail, Trucking
  • Port of LA to Spend $1.1B
  • Russia Likely to Join WTO
  • MOL Relocates North America HQ
  • President Names Brennan Acting FMC Chair
  • Exporters Face Container Shortage
  • Maersk to Merge Logistics Units
  • White House Names Truck Group Chief to Head FMCSA
  • Risk Management: Combating Piracy
  • Former FRA Chief Urges High-Speed Push for Rail Plan

TradeWindsweb site
JUNE 5, 2009
  • Cido sells two
    Brokers say newbuilding aframaxes have gone to Greece's Estoril Navigation for $50m each.
  • CMA CGM cut
    Moody's Investor Service downgrades credit rating for French liner operator as tough market conditions are expected to persist.
  • Wadan bust
    German shipyard, in which STX Europe has 30% holding, files for bankruptcy.
  • Helix prices
    Offering of offshore vessel owner Cal Dive International shares could gross almost $210m as Helix Energy cuts majority stake to 25%.
  • West Oz combo
    Major bulker charterers and iron ore miners Rio Tinto and BHP Billiton forge deal to combine iron ore production in Western Australia.
  • TK up and down
    Maxim Group analyst cuts 2009 earnings forecast for Teekay Corp, but Jefferies outlook improves
  • Four to go
    After shipowners throw out $360m lifeline, CSAV is still negotiating with four owners who haven't signed on to the deal.
  • Teekay tips 2010
    Bjorn Moller says tanker market should recover next year as newbuilding cancellations accelerate.
  • Dry dominance
    China's bulker spending spree will leave its owners calling the shots in the charter market, Greek broker warns.
  • Top Ships waived
    Evangelos Pistiolis-led tanker and bulker owner gets covenant waivers from four of five bank and cancels bareboat charter.
  • Aid ship 'not held'
    Syrian operator denies Sri Lankan authorities have detained a ship carrying cargo to former Tamil Tiger region.
  • China ore cut
    A 33% cut in the iron ore benchmark price is said to have been agreed by Chinese steel officials.
  • It's quotes time
    Fulford's in full flow as he flies back into the market and was there any 'hanky panky' at Armada?
  • Sailor missed 447
    Slovenian due to board doomed Air France jet saved by sore knees and
  • Yet another sale
    Thailand's Precious Shipping continues elderly tonnage clear-out as handysize fetched $3.2m.
  • Sembcorp settles
    Singapore-listed shipyard resolves spat with Petromena as leading names go head to head in semi-submersible bidding war.
  • He's back
    TradeWinds corners Richard Fulford-Smith for an exclusive in-depth interview as he makes his long-awaited return to the business.
  • SCI at the double
    Indian state-controlled owner signs at Cochin for two anchor-handlers, the yard's first order since last July.
  • NOL a 'buy'
    Citi, a long time bear on Singapore liner operator, is now bullish believing the worst has passed.
  • JICT expands
    Indonesia's national port hub has inaugurated the second stage of its expansion programme.
  • Yantai slumps
    Chinese ship and rig builder sees profits slide by over 40% due to cost overruns and provisions.
  • Tug hijacked
    Singapore-registered tug and barge attacked in growing piracy hotspot off southern Malaysia.

American Shipperweb site
JUNE 5, 2009
  • Reuters: MOL considers container spin-off
  • Tanker escapes pirates
  • New round-the-world service adds Baltimore
  • IATA: Volume starts stabilizing, yields low
  • United may order 150 planes
  • Easy does it: Buying, exporting U.S. military technology
  • Bonner named to SW Border task force
  • U.S. committed to Asian trade pacts
  • Brokers broadsided by proposed FDA registration
  • FMC reviews 24 OTI license applications
  • Phoenix International opens Paris branch
  • L.A. budget projects 13% drop in shipping revenues
  • Hamburg's 1Q box volume drop in line with global fall

The Scandinavian Shipping Gazetteweb site
JUNE 5, 2009
  • Continued growth for Viking Line
    During May 2009 the passenger volumes of Viking Line grew by 15 per cent on its services to Sweden. Particularly strong growth was recorded on the Kapellskär'Mariehamn route, where

The Bunker Bulletinweb site
JUNE 5, 2009
  • Markets remain reluctant to move sharply
    Crude oil trades above $70 for first time in seven months.
  • ECAs potential to put strain on supply
    Increasing demand for low-sulphur fuel could strengthen costs and lead to shortage.
  • Bunker prices gaining in European ports
    Markets firming after Thursday's jump in crude oil prices.
  • Japan wants investment in fuel efficient ships
    Japanese IMO delegation explains its support for bunker levy.
  • Chinese trader takes floating fuel oil storage in Singapore
    Sources say Southern Petrochemical Co's tanker can be used to blend bunker fuel.
  • China needs new fuel oil futures contract
    Dollar-denominated contract would give China its 'own voice' in global market.
  • Bunker prices resume their climb
    Singapore players say demand remains weak.
  • Gazprom expands Baltic operations
    Two new supply services in operation, including a first for 'bunker only' calls.
  • Fate of containers to be decided
    The Australian government must decide what to do with 31 containers lying on the seabed.
  • New hull coating to cut fuel usage
    US Navy using new innovation to inhibit growth of marine crustaceans on hulls.

›››File
FROM THE HOME PAGE
PORTS
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
PORTS
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
Last month the Port of Long Beach established its own new historical record of monthly container traffic, while ...
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
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
ASSOCIATIONS
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
LOGISTICS
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
INDUSTRY
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
ASSOCIATIONS
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
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
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