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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
March 13, 2009
The Business Timesweb site
Shipping News
  • Hyundai Heavy, Korean shipyards plan debt sales
    Hyundai Heavy Industries Co and two other South Korean shipyards may borrow about three trillion won (S$3 billion), tapping the debt market for the first time in seven years to replenish capital as orders dry up, analysts said.
  • Half of new carriers won't be delivered
    As many as half of the commodity carriers scheduled to be built are endangered as financing for construction is cut, Genco Shipping & Trading Ltd chief financial officer John Wobensmith said.
  • Maersk eyes CO2 transportation
    AP Moller- Maersk wants to expand into carbon dioxide transportation if capture and storage (CCS) technology becomes an important tool in cutting emissions, executives told Reuters on Wednesday.

Sched Netweb site
  • AADA announces April 15 rate hike for China, HK, Taiwan, Korea-to-Australia exports
  • Maersk changes to Samba service by avoiding Suez Canal
  • Qinzhou Port launches new box shipping line to HK
  • Port of Xiamen launches first shipping line to Oceania
  • PSA is bracing for lean 2009 after 7.3 pc growth in 2008
  • VeriTainer opens VeriTainer Asia in Lion City
  • DB Schenker expands temperature-controlled services
  • Oil slick reaches Moreton Island from pierced containership
  • Cathay passenger figures for February 2009
  • HKIA's air freight plunges 29pc in January, passengers up 0.2pc
  • Tampa airport, seaport save money on capital projects as costs fall
  • Zurich airport launches first IATA e-freight transactions

Exim Indiaweb site
  • Women climb aboard Asia's maritime male bastion!
  • 17 missing as cargo ship sinks
  • DnB NOR opens representative office in Mumbai
  • MOL installs 'Hawk Eye' to enhance safety in box handling operations
  • MSC announces rate restoration on import leg
  • Gems & jewellery sector sees export recovery by July
  • Rice exporters want cut in MEP, DEPB benefits
  • Talks to defuse trade tensions with China on March 19
  • Apparel exports now on growth path
  • Port Pipavav continues pursuit of new parameters
  • IAS officers win cricket match played at JNPT ground
  • Now, even Busan port workers idled 28 days in a month!
  • Subic Bay new hotspot for idling boxships
  • Keen response to develop ChPT's mega container terminal 9 cos submit RFQ
  • RBI chief sceptical of attaining 7 pc GDP rate

International Transport Journalweb site
MARCH 11, 2009
  • Swiss WorldCargo launches flights to Lyon
    Swiss WorldCargo will open a direct service between Zurich and Lyon (France) on 29 March. The flights will be operated four times a day with an Avro RJ100 (payload 1.5 t, 8 cb...
  • NOL announces departure of Brian Lutt as president of APL Logistics
    The global container shipping and logistics group Neptune Orient Lines (NOL) has announced that Brian Lutt, president of NOL's subsidiary APL Logistics, is leaving the company to p...
  • Easyrail.at goes bankrupt
    Easyrail.at has gone bankrupt after just two months of operations. The Austrian intermodal operator has debts of around EUR 600,000. The management said that easyrail.at did not ge...
  • Cologne airport expects cargo throughput to decline
    Cologne/Bonn airport in Germany has reduced its freight target for the year. Airport head Michael Garvens said that that instead of cargo volumes rising by 3%, as he had previously...
  • Port of Long Beach to boost clean fuel incentives
    The Long Beach Harbor Commissioners recently gave preliminary approval to a plan to cover more of the costs of switching to clean fuels near the port of Long Beach, as a step towar...
  • Lawrence Rosen new CFO of DPWN
    The supervisory board of Deutsche Post World Net (DPWN) has appointed Lawrence A. Rosen to the management board as chief financial officer. Rosen, who is currently Fresenius Medica...

Maritime Global Netweb site
MARCH 12, 2009
  • More pirate attacks
  • Good year for DNV
  • Bunker oil hits Aussie beach
  • Skaugen raises $30m

Marine Logweb site
MARCH 12, 2009
  • Halifax Shipyard to build OSV
  • BAE Norfolk gets $12.75 million Navy award
  • Seadrill's latest semi headed for Brazil
  • Seajacks takes delivery of liftboat
  • Navy to try to trim carrier total to ten?
  • Recovery of sunken rig begins

World Wide Shipperweb site
MARCH 12, 2009
  • "K" Line expected to cut Port of Portland container run
  • Freight Transportation Index falls again during January
  • Rail association releases Ten-Year Trends publication
  • Carnival ships to begin service to Port of Seattle
  • APL Logistics boss decides to leave company

Lloyd's Listweb site
MARCH 12, 2009
  • Report presents doomsday scenario for shipping
    CRISIS will trigger outbreak of protectionism in trade and creation of national fleets.
  • Global downturn 'to create new order' in shipping
  • DVB renegotiates loans to offset refinancing costs
    BANK suffering under high refinancing costs and wants to adjust the interest rates.

Fairplayweb site
MARCH 12, 2009
  • Samsun files Chapter 15
    DRYBULK operator Samsun Logix has petitioned for US Chapter 15 bankruptcy protection to complement its South Korean debtor rehabilitation proceeding
  • Ship spills oil in Wilmington
    COAST Guard personnel and multiple other agencies are responding today to a fuel oil spill at Wilmington's port in Delaware
  • IMO: 93 held on pirate ships
    THERE are 93 seafarers being held hostage in unknown condition aboard six ships in the Gulf of Aden, a piracy conference in London heard today
  • DVB demands extra securities
    GERMAN transport finance bank DVB said today it is invoking asset protection clauses in shipping loan agreements on a wider scale to prevent losses from the worsening recession
  • Operators want easier dumping
    VESSEL operators, some of whom have been stung by US oil dumping prosecutions, said today they want fines collected by the US Coast Guard spent expanding facilities to make proper dumping easier
  • N Korea warns shipping on launch
    NORTH Korea has warned the IMO and other global agencies that a planned satellite launch could affect maritime navigation
  • Japan skidding faster than US
    JAPAN said today its economy shrank 3.2% in the final quarter of 2008, marking a decline into recession that is even faster than that of the US

The Journal of Commerceweb site
MARCH 12, 2009
  • So-Cal Port Charges Send Cargo Elsewhere
  • Hamburg Sud Hikes Westbound Rates
  • Sinotrans Profit Soars
  • U.S. Rail Freight Traffic Drops
  • Aeroports de Paris Income Declines
  • Maersk Changes Scan-Med Rotation
  • AT&T Boosts Alternative Fuels
  • Panalpina Net Income Tumbles Almost 50 Percent
  • Saudi Ships to Call Charleston
  • Corps Approves Freeport Work
  • Seatrade Launches UK-Caribbean Service
  • Zollars Gives Integration a 'B+'
  • KCS Gets First Genset Yard Engines
  • Danaos Boosts 2008 Earnings
  • Retail Sales Slip Slightly

Containerisation Internationalweb site
MARCH 12, 2009
  • Auckland half-year profits slide
  • CSCL selects GT Nexus' value-added portal
  • Danaos to defer delivery of 30 boxships
  • StreamLines renews Felixstowe-Caribbean link
  • China's exports plunge 26% in February

TradeWindsweb site
MARCH 12, 2009
  • Pirates hurt two
    Mariners injured after pirates fired on Japanese-controlled bulker and a North Korean cargoship.
  • Ship shares rise
    US shipping and offshore stocks take flight amid market rally, but Danaos heads south.
  • Ore overhang?
    Over-importing of iron ore could push capesize rates downward, analyst warns.
  • Irving in OSV deal
    Irving Shipbuilding to build and operate offshore supply vessel for Canada's EnCana Corp.
  • DVB dips
    German bank hurt by write-downs as 'outside factors' stand in the way of another record profit.
  • Delaware spill
    US-flag pure car carrier suffers punctured fuel tank in Wilmington port, causing a small fuel oil spill.
  • Shipping stars
    Sammy Ofer and John Fredriksen have more money than George Lucas and Giorgio Armani but there is no place for Maersk McKinney-Moller at billionaires' table.
  • Rig recovery
    Ensco and US Coast Guard working to recover the Ensco 74, the submerged rig suspected of causing a tanker to take on water.
  • Putin's promise
    Russian prime minister says Gazprom and Rosneft will order 307 ships in coming years.
  • Carras cancels
    Greek owner pulls two of eight capesizes on order at Maersk's Odense yard in Denmark.
  • Filipino fury
    VP Noli de Castro threatens to bin license of crew agents for Stolt Strength held off Somalia for four months.
  • Pavel grounds
    Russian cargoship becomes lodged near Greek island of Ikaria, but no pollution reported.
  • Navibulgar chops
    Bulgarian owner to lay off 791 crew as it gets rid of elderly ships in economic downturn.
  • Singled out
    Just one vessel held in Hong Kong during February for failing safety checks.
  • Jiangmen: 'Not us'
    Chinese yard Jiangmen Nanyang says it is not yard which has seen newbuildings axed by Norden.
  • Shoring up
    Morits Skaugen-led shipowner grabs $30m from double note issue to fight global financial crisis.
  • Samsun files
    Troubled South Korean owner files for bankruptcy in US citing "meltdown" in drybulk market.
  • Clean-up begins
    Australian crews working to contain 'significant potential hazard' after fuel-oil spill from boxship.
  • Nenes in
    Greek owner OceanFreight has a new vice president as chief operating officer Michael Gregos resigns.
  • TBSI tanks
    Shares in troubled US-listed tweendecker specialist plummet dragging other dry stocks with it.
  • Cargoship burns
    North Korean vessel helped by German frigate after fire breaks out off Somalia.
  • Emden pile-up
    Danish salvage vessel rams ferry into third vessel in collision incident at German port.
  • Swire profits jump
    Hong Kong offshore vessel player saw strong demand last year, but is expecting challenging 2009.
  • Help!
    China's state-owned Cosco under pressure from provincial leaders to help revive industries hurt by global slump.
  • Derivatives bite
    US-listed OceanFreight slumps to fourth quarter loss, but its revenues rise on expanded fleet.
  • Hunkering down
    Coustas-led Danaos halts dividends, delays newbuildings, forges covenant waivers and reports a drop in earnings.
  • Hunting Samsun
    Fotini Karamanlis-led Hellenic Carriers latest to launch legal action against Samsun Logix following charter default.
  • Dock riot
    Greek police and coast guards clash with repair yard workers in Piraeus.

American Shipperweb site
MARCH 12, 2009
  • NSCSA to call at Charleston
  • Cathay volume drops 16.7% in February
  • Omnibus bill ends cross border truck program
  • New Deutsche Post strategy integrates DHL units
  • Supplier tracker says buyer beware
  • Panalpina profit drops, layoffs planned
  • Company to propose takeover of Port of Virginia
  • India port strike delayed
  • EPA awards GPA grant to retrofit equipment

The Scandinavian Shipping Gazetteweb site
MARCH 12, 2009
  • Stella Shipping invites investors to buy shares
    Stella Shipping PS (partnership), with its office in Marstal, plans to transform the company to a limited company (A/S) in a campaign to sell shares for DKK 25 million
  • Torm shows good figures
    Dampskibsselskabet Torm had another fine year in 2008 with a satisfying profit, although the profit was halved with the previous year. However, 2007 was an extraordinarily good year after the
  • Holy House ordered to pay USD 1.4 million for environmental crimes
    The Swedish shipping company Holy House has been sentenced to pay a USD 1 million fine as well as a special assessment of USD 400,000 in community service payments and
  • EU handed over pirates to Kenya
    The EU naval operation Atalanta has for the very first time handed over arrested pirates to the Kenyan authorities for prosecution. Nine suspected pirates were arrested in the Gulf of

The Bunker Bulletinweb site
MARCH 12, 2009
  • The value of double-hull tankers
    US Coast Guard credits 'sturdy' hull for oil spill prevention.
  • Bunker spill clean up costing $65,000 a day
    Australian authorities say oil coming ashore along long stretches of beach.
  • ARA fuel oil stocks little changed
    Outflows mainly to local bunker market and Germany says report.
  • Europe: Bunker prices slump
    Another day of price falls in many European ports.
  • Another liner operator defends BAFs
    Head of NOL says abandoning BAFs would be 'truly unwise'.
  • Cockett Marine to become physical supplier in UK
    Leading bunker trader wants to 'move into physical supply sector in strategic locations'.
  • Owners pay up after ship arrest
    Settlement reached for vessel recently arrested in Liverpool due to unpaid bunker bill.
  • Fuel oil export tax set to fall
    Russian official predicts tax will be cut by $2 per metric tonne.
  • Asia: Bunker prices drop at most key ports
    Bunker prices continue downward trend on Thursday.
  • Personnel changes at ARA broker
  • Singapore residual stocks up as bunker demand falls
  • Ship owner may face prosecution over oil spill
    Those responsible for the spill must pay for the cleanup, Australia's state premier says.
  • Singapore storage gets boost from Horizon Terminal
    Horizon does not rule out floating storage options in Singapore in future.
  • Trafigura eyes record earnings in 2009
    Company to benefit from weak spot fuel markets.
  • Hong Kong bunker demand jumps
    High Korean prices give Hong Kong a major advantage.

›››File
FROM THE HOME PAGE
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.
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
SHIPPING
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
PORTS
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
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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