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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
11:29 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
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
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