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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
February 13, 2009
Sched Netweb site
  • OOIL ready to cut 25pc of capacity in first quarter
  • APL delays deliveries, but sees hope in infrastructure spending
  • CMA CGM's box ship owner makes deal to avoid default
  • Indian ports see encouraging record growth 2008
  • Suzhou-Japan express shipping line 'faster than air freight'
  • Guangzhou's 2008 foreign exports grew 13.4pc
  • Le Havre Port chairman Jean-Pierre Lecomte honoured
  • Port Klang up 12pc, rises to 15th world biggest box port
  • Capacity added to SAECS for seasonal reefer trade
  • CN, Norfolk Southern to share track, create MidAmerica Corridor
  • Economy of scale prompts Hamburg Sud Oakland terminal switch
  • South Carolina Jasper CT plan on hold as downturn deepens
  • Panama Canal picks Deloitte as lock expansion auditor
  • Cathay passengers up 2.4pc, but cargo down 26pc in January
  • China Southern Airlines' cargo volume falls 4.3pc in 2008
  • Wilmington 'transition centre' to retrain ex-DHL workers
  • Air France-KLM air cargo demand drops 23pc in January
  • Redoubt's volcanic ash threatens Anchorage airport

Maritime Global Netweb site
FEBRUARY 12, 2009
  • Tanker market warning
  • USN detains suspected pirates
  • UK Club warns on mooring accidents
  • Mending coral reefs
  • Record profits for Eitzen Maritime Services
  • Wilhelmsen: record profit but uncertain future

Marine Logweb site
FEBRUARY 12, 2009
  • Obama Administration unveils offshore energy plan
  • Vella Gulf detains more pirate suspects
  • Connaughton joins ABS
  • Geiger to be BIW president
  • USCG moves to speed up mariner credentialing
  • DNV: Ship recycling soars

Lloyd's Listweb site
  • Germany's KG system in crisis as banks turn up the pressure
    WITH financiers due to pay next newbuilding instalments, banks insist on more security before releasing funds.
  • Investors put less cash in KG houses
  • Idle boxships approach 10% of fleet
    LATEST Lloyd's MIU data show 427 boxships currently unemployed.
  • Samsun Logix Hellas facing claims over unpaid charter fees
    GREECE-based owner linked to troubled South Korean bulker operator Samsun Logix, is facing a raft of rule B attachment applications.

The Journal of Commerceweb site
FEBRUARY 12, 2009
  • ILA, USMX plan more contract talks
    Union, employers fail to reach agreement on new longshore contract in three days of meetings
  • Box charter rates plummet
  • 'Highly uncertain' outlook for ro/ro's Wilh. Wilhelmsen
  • Höegh in restructuring
  • Hapag-Lloyd hikes rates for Asia-Europe, Atlantic routes
  • Miami port sees gains
  • JAL, NCA in US cargo deal
  • Piracy surcharge for UASC
  • FedEx Express expands facilities in Mexico
  • US narrows trade gap
  • ILA, USMX open talks

Containerisation Internationalweb site
FEBRUARY 12, 2009
  • ANL pushes Tasman changes
  • Hapag-Lloyd joins ocean carrier fight back
  • 'The Box' arrives in Brazil
  • Lay-ups reach alarming proportions
  • ELAA release ocean carrier stats

TradeWindsweb site
FEBRUARY 12, 2009
  • Try, try again
    Spanish warship Victoria gets involved as pirates armed with rocket-propelled grenades make two hijack attempts off Somalia.
  • Star suspends
    Lenders relax asset value covenants for Tsirigakis-led bulker owner, but dividend payments are shelved.
  • Navy nabs more
    USS Vella Gulf intercepts nine more suspected pirates after Mercator Lines ship calls for help.
  • OGX launches
    Independent Brazilian oil and gas firm is poised to launch exploration drive with five chartered-in offshore vessels and four semi-submersible rigs.
  • Targeting 'stable'
    DnB NOR shipping chief speaks to TradeWinds Web TV about the Norwegian bank plans for this year and its reponse to covenant breaches.
  • Far less taxing
    Farstad books huge rise in fourth quarter profit to help bury memories of last year's taxman inspired loss.
  • Big incentive
    Drop in expenses from long-term incentive plan helps tanker owner Teekay to bigger nine-month profit.
  • 'No fear'
    Ingar Skaug says Wilh Wilhelmsen has no plans to axe newbuildings despite warning of a "highly uncertain" year ahead.
  • Fuel dump
    Japan's NYK and MOL slash monthly bunker fuel contracts as activity wanes in downturn.
  • TK LNG in black
    After higher Teekay Corp spin-off posts nearly $46m in quarterly profits after a loss a year earlier.
  • SIF bails
    Domestic investment fund sells 7% holding in STX's Romanian shipyard Braila.
  • WW-arning signs
    Wilh Wilhelmsen warns of "highly uncertain" future after posting fourth quarter loss.
  • TOO on top
    Teekay's shuttle tanker and FSO offshoot pushes up nine-month profits and revenues.
  • Death blast rap
    Report into explosion on Greek ship Friendshipgas which killed eight points finger at technicians' "negligence".
  • EMS back in black
    But the Annette Malm Justad-led firm vows to shake up its shipmanagement unit after its performance fell short of expectations.
  • Japan busy
    Port state control officers detained 28 ships in January, up from 15 in December.
  • Ferry angry
    Queen of the North passengers call BC Ferries' compensation offer for sinking a slap in the face.
  • Ten for Qingdao
    Hyundai Corp's Chinese shipyard to build series of dry cargoships for Volga-Baltic of Russia.
  • Cruise crunch
    Fred Olsen holding company Bonheur posts lower 2008 profit as UK cruise business suffers from tough competition.
  • Namura cuts
    Japanese shipbuilder slashes annual profit forecast as growth slows in first nine months.
  • Eagle's nest egg
    US-listed Eagle Bulk Shipping lands $13.7m in foreign exchange settlements on newbuildings.
  • ABG bridge bash
    Two newbuildings drag anchors at Indian shipyard and drift downriver before hitting bridge at Surat.
  • Toro trouble
    DryShips vows to sue struggling Samsun Logix after it breaches terms of the Toro deal leaving the sale hanging by a thread again.
  • Aden fleet grows
    Singapore is sending a naval vessel to join the growing international armada off Somalia.
  • Limited exposure
    Peter Georgiopoulos-led bulker outfit confirms it has only one ship on charter to Samsun Logix.
  • Banana drama
    Banks could be losing appeal for some perishables, says Star Reefers which sees profit drop.
  • Hallin inks charter
    UK-listed offshore company ties up $20m deal with Shell for subsea operations vessel newbuilding.
  • Expansion delayed
    Bad weather causes delay in work to expand capacity at Australia's largest coal export facility.

The Scandinavian Shipping Gazetteweb site
FEBRUARY 12, 2009
  • China adopt stimulus plan
    China's State Council, or Cabinet, headed by the prime minister Wen Jiabao has adopted a stimulus plan for the nation's shipbuildning industry, which the Cabinet consider to be strategic for
  • US Navy arrested suspected pirates
    The US Navy has arrested seven suspected pirates after an attack on the tanker Polaris, 13,107 DWT, in the Gulf of Aden. The US Navy cruiser Vella Gulf received a
  • Tough times for Golden Ocean
    John Fredriksen-controlled Golden Ocean is facing severe problems. The Oslo exchange-listed company's sale of a panamax vessel has been re-negotiated to a much lower sale price as
  • Norway ratifies ILO-convention
    Norway has ratified the Maritime Labour Convention, adopted by the ILO (International Labour Organization) in 2006. The convention strengthens working and living conditions of seafarers on board. Norway is the
  • Two out of eleven detained vessels Norwegian
    The Eitzen controlled chemical tanker Sichem Eva, 14.485 DWT built in 1989, was detained after a Port State Control in Almeda, California, on January 11. Pipes for discharging the
  • Record year for Wilh. Wilhelmsen
    The Norwegian shipping and maritime services group Wilh. Wilhelmsen (WW) reports record figures for 2008. The company had an operating income of USD 3.4 billion, up 25 per cent
  • Teekay lays off 198 seamen
    198 Norwegian seamen at Teekay have been given notice as a result of their employer deciding to reflag and switch Norwegian workers to Filipino. "Social
  • US via Riga to Afghanistan
    The US military will ship its non-military goods destined for Afghanistan to Riga where it will be transferred to railway. The Latvian President Valdis Zatlers has discussed the matter

The Bunker Bulletinweb site
FEBRUARY 12, 2009
  • K-Sea expects demand recovery
    Barge operator predicting lower fuel prices to boost business.
  • European bunker markets dip
    Antwerp avails tightening.
  • New bunker barge in Lisbon
    Petrogal deploys 2,000 mt capacity delivery vessel.
  • ECA vote expected by 2010
    US, Mexico and Canada in talks to submit joint application.
  • Volatility seen as a boost for WFS
    Price volatility and tight credit environment said to increase demand for intermediaries.
  • Russian export duties to rise
    March 1 will see the first increase in duties since October.
  • Container lines cutting bunker loadings
    NYK and MOL to lift 10% less from Japanese ports.
  • Vitol sells stake in Fujairah storage terminal
    CEO says Vitol will focus on Fujairah Refinery Company, its 'key strategic asset'.
  • Bunkers flat in key Asian ports
    Avails improve in Hong Kong.
  • Singapore residual fuel stocks up 2 million barrels
    Inventory increase reflects weakening bunker demand.
  • Indian refiner sells mid-March cargo
    Narrowing discounts in recent deals reflect strong demand for fuel oil.
  • OOIL to trim capacity
    Move triggered by falling volumes and a drive to save on bunker costs.
  • Iranian supplier opens new supply location
    10,000 dwt tanker deployed to deliver bunkers off Bandar Abbas port.

›››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
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio
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