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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
12:40 GMT+1
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BRIEFS
July 13, 2009
The Business Timesweb site
Shipping News
  • Top global firms eye India's port expansion plans
    Global firms including Rio Tinto and Noble Group are interested in participating in India's 558 billion rupees (S$16.7 billion) port expansion projects, a top government official said.
  • Baltic Dry Index drops on China
    The Baltic Dry Index, a measure of shipping costs for commodities, had its biggest weekly decline in almost four months on weaker Chinese demand for iron ore to make steel and coal.
  • TUI seen having liquidity problems
    TUI AG, the owner of Europe's largest travel company, is running out of cash as revenue at its Hapag-Lloyd shipping line slides and a loan to one of its units is unlikely to be paid, Societe Generale SA analysts said.

Sched Netweb site
  • HK shipowners blast Taiwan for presuming guilt of detained crew
  • Major Hapag-Lloyd shareholders okay US$1 billion in relief funding
  • IMO confers consultative status on World Shipping Council
  • CTSA extends old US$300/TEU rate hike to Vancouver from August 1
  • Port of Yingkou handled its largest-ship, 8,530 TEU
  • Shanghai's 'virtual port express clearance' proves cost efficient
  • China-Japan-Russia-Korea's joint shipping line officially launched
  • SITC Vietnam Co is officially launched
  • DHL starts LCL Thailand-US, Germany, Japan services
  • Troubled CSAV reaps US$145 million in share sale
  • Dar es Salaam offers tax amnesty to decongest port
  • Despite stimulus, US infrastructure spending to shrink in 2009
  • Hactl cargo off 21.5pc in first half, but stabilisation 'delightful'
  • Lufthansa Cargo flies to Mexico from July
  • UAL's June cargo ton miles slides 27pc
  • MidAmerica St Louis import volume up, looks to export potential

Exim Indiaweb site
  • SCI places order for 2 PSVs with CSL
  • Budget leaves shipping industry all at sea
  • GAC scores with Manchester United Soccer Schoolsd
  • Continuing dry spell clouds Basmati export move
  • Iron ore export curbs on Steel Ministry's agenda
  • EU's 'catch' for seafood exporters!
  • Sugar imports at zero duty till March 31, 2010t
  • Vallarpadam ICTT commissioning by Nov., says Minister
  • Kandla Port's 100-day feat assures it of No. 1 status in 2009-10 too
  • Despite recession, NM Port going ahead with capacity expansion
  • Paradip Port meeting challenge of sudden surge in cargo traffic
  • Emirates SkyCargo launches paperless claims system
  • Seabird CFS Mundra observes Group Chairman's birthday with blood camp
  • Planners may lower 5-year growth target
  • Stiff stamp duty triggers signing of loan deals outside state
  • FTP in August will provide sops for textile exporters, assures Maran
  • India may host WTO ministerial session in Sept.
  • Union Budget 'a missed opportunity', say experts
  • CII launches 'Standards Portal' to aid Indo-US trade ties
  • Ficci's Secy-Gen heads team to prepare Eastern Industrial Corridor biz plan

Marine Logweb site
JULY 12, 2009
  • Somali pirates hold Turkish woman mariner hostage
  • MSC Splendida gains BV Energy Efficient Design label

World Wide Shipperweb site
JULY 10, 2009
  • Seattle port board Oks Duwamish restoration plan
  • Boeing announces purchase of Vought Aircraft Industries
  • Top Ships redelivers MT RELENTLESS to owners
  • Greenbrier releases third quarter numbers
  • US rail freight traffic tally heads down during week

Lloyd's Listweb site
JULY 10, 2009
  • Tui board approves aid for Hapag-Lloyd
    TUI has received the green light from its supervisory board to provide financial aid to help the carrier.
  • High Court test for Ocean Crown salvage award
    THE second-highest salvage award ever published under Lloyd's Open Form is headed for the UK High Court.
  • TSA lines search contracts to enforce rate hikes
    CARRIERS hope to find clauses allowing them to automatically impose rate hikes or force shippers to go back to the bargaining table.

Fairplayweb site
JULY 10, 2009
  • US trade gap narrows
    THE US trade gap narrowed to $26Bn in May, from $28.8Bn in April, the government said today, with exports rising 1.6% and imports falling 0.6%
  • Tankers play waiting game
    GLOBAL oil demand will linger for 2009 at 2.5M barrels a day less than last year, but 2010 will bring a demand rebound of 1.4M bpd
  • Solidarity eases off on EU
    SOLIDARITY at the Gdansk shipyard said today it is "satisfied" with the way that the EC has dealt with the yard's restructuring, thus dropping labour's opposition to the scheme
  • Egypt reports Suez terror plot
    EGYPT has arrested 26 people whom authorities suspect were planning terrorist attacks on the Suez Canal
  • Boluda invests in Morocco yard
    SPAIN'S Boluda has won approval from Moroccan authorities to build a new shipyard in Morocco
  • Cargo boom for Donrechflot
    SOUTHERN Russia's Donrechflot shipping company today reported nearly a 70% increase in cargo transport for this year's first half, from the same period last year
  • Liberian Registry's contract deal
    LIBERIA'S government might have succeeded in securing more money from the nation's growing ship register

The Journal of Commerceweb site
JULY 10, 2009
  • Senate Eyes Short Sea Shipping Grants
  • Hapag-Lloyd to Get $1 Billion in Aid from Owners
  • Long Beach Gets Green Grant for Machines
  • China's Trade Surplus Drops in May
  • Short Line Loads Slip in Latest Week
  • C. H. Robinson Acquires Texas Customs Brokerage's Assets
  • YRC Worldwide Stock on a Wild Ride
  • U.S. Trade Deficit Down as Imports Plunge
  • Air Cargo Market Shows Signs of Stabilizing
  • Marad Awards Small Shipyard Grants
  • Senate Bill Would Require U.S. Flag Ships to be U.S. Built
  • Non-Profit Report Details Innovative Low-Carbon Strategies
  • USPS Adds 1,900 'Green' Trucks to Fleet
  • Cosco Shipbuilding Unit to Delay Bulker Deliveries
  • Carriers Combine Asia-Australasia Loops
  • Large Railroads Post Better Holiday Volume
  • Louisiana Gives Tax Credits to Use State Ports
  • Maersk Sets Fee, Start Date for Chassis Pool
  • Japanese Air Cargo Slump Eases
  • Canada-U.S. Trucking Sees Bad First-Half

Containerisation Internationalweb site
JULY 10, 2009
  • Should shipping be liable for all costs of an accidental oil spill?
    In the early hours of March 11, 2009, the 1,123TEU Pacific Adventurer became engulfed in the aftermath of Tropical Cyclone Hamish, while en route between the western Australian ports of Newcastle and Brisbane.
  • Chinese shippers call for all-in freight rates
  • Hapag-Lloyd: more working capital required
  • YRC reaches tentative agreement with teamsters
  • NOL rights issue success
  • Russian hopes

TradeWindsweb site
JULY 10, 2009
  • Vale buys again
    Brazilian miner continues bulker buying spree with reported purchase of an OceanFreight capesize.
  • Another China buy
    Japanese-controlled panamax bulker Rubin Peony finds new home after $36m purchase.
  • DryShips upped
    Cantor Fitzgerald lifts Nasdaq-listed owner's shares to "hold" as Oppenheimer analyst calls Primelead deal "accretive".
  • Brazil funds port
    Government pledges $300m in financing to upgrade Cuba's port of Mariel as a hub for the offshore industry.
  • Bulkers delayed
    A brace of European owners postpone delivery of eight newbuildings from two Cosco yards.
  • IEA view improves
    Agency lifts oil consumption growth outlook from 1.4% to 1.7% for 2010.
  • GSI shot down
    For the second time, Canadian authorities reject bid by owner to replace CGG Veritas ship to operate in domestic waters.
  • Awilco tanker buy
    Anders Wilhelmsen renews interest in suezmax market with $70m purchase of Metrostar newbuilding.
  • Hope for Wadan?
    Bankrupt German shipyard gets $265m shot in the arm from the federal government.
  • Greece top
    Greek shipowners see off Chinese challenge to head the sale and purchase league but they miss out on bulker gong.
  • It's quotes time
    New Baltic chairman Mark Jackson is looking at the man in the mirror to change the exchange's ways.
  • Di's pay cut
    Simeon Palios-led Diana Shipping takes $22,000 per day drop on a single panamax as the vessel finds work for the next year.
  • Petronas draws 7
    Malaysian, Italian and US contenders vie for $839m offshore service and transportation tender by Malaysian oil company.
  • Bulker swoop
    Hong Kong listed Sinotrans hoovers up three ships from Orion Bulkers in $97m deal.
  • Lodestar rescue
    NYK boxship plucks stricken yachtsman from the Pacific Ocean after Hawaii trip goes wrong.
  • Drugs bust in Gulf
    Dopes thought they could sail unnoticed through heavily policed Gulf of Aden with $70m of drugs.
  • New5 in Numb3rs
    Two Armada big guns are back with a new bulker business and the four ships which bought down both Eastwind and Daewoo Logistics.
  • China holds Rio 4
    Mining stalwart "surprised" at allegations of bribery and espionage as China arrests four iron ore staff.
  • Back on track
    China's Jiangsu Rongsheng shipyard reviving $2bn IPO plan in Hong Kong.
  • Tide returning
    Dean Taylor's Tidewater says it has $200m to spend on its own stock this year.
  • Sitting duck
    Pirate skiff spotted circling Japanese tanker aground off the Philippines.
  • Dayang Deaths
    Four workers have recently died at Sinopacific Shipbuilding Group's Dayang shipyard.
  • Barge grounds
    No pollution reported from Tidewater unit lodged on sandbar in Columbia River in US.
  • OCNF adds cape
    OceanFreight has bought its second capesize in less than a month with Bocimar ship chief suspect.
  • $330m to CEO
    Nasdaq-listed owner DryShips buys 25% stake in Primelead from CEO George Economou's Cardiff Marine.
  • Ezra profits flat
    Third quarter profits largely unchanged from a year ago at Singapore-listed offshore player.
  • US yards boosted
    Small commercial yards in America have received $17.1m in grants to help upgrade facilities.

American Shipperweb site
JULY 10, 2009
  • Shippers may resist Pacific rate hikes
  • NOL raising $985 million
  • Maersk revises North Europe/Med service
  • US Airways awards agent contract in Holland
  • DHL to open new Auckland hub
  • Choice names Asia Pacific director
  • C.H. Robinson buys SW border broker
  • BDP Global Network adds Polar Logistics
  • New chairman for Swiss Schenker subsidiary
  • N.Y.-N.J. port seeks to reduce port pollution
  • Port of Gulfport to begin expansion
  • Busan finds no takers for new berths

The Bunker Bulletinweb site
JULY 10, 2009
  • Markets end softer to cap off active week
    Prices slashed by an average of $50 pmt in major ports since Monday.
  • Oil spill on US East Coast
    Fishing boat sinks after running aground.
  • Florida bunker company faces opposition
    City gives backing to continue operating.
  • Bunker prices end week mixed
  • Cruise ship gains first Energy Efficient Design recognition
    Bureau Veritas estimates the vessel may save more than 10% of total energy consumption.
  • Barge operator grows Durban market share
    Expecting its third newbuild bunkering vessel at the end of July.
  • LSFO dominating Baltic bunker sales
    Increasing sales of LSFO convince bunker suppliers there is good SECA compliance among ships operators.
  • Market firms on tight supplies
    Bunker prices generally firmer as the week ends in Asia.
  • Petrochina makes cash offer for remaining SPC shares
    The Chinese oil and gas giant recently acquired 45.51% stake in SPC from Keppel Corp for $1.02 billion.
  • Sinobunker's Shenzhen bonded supply business 'within reach'
    Plans to start towards the end of this month or early August.
  • Toyota Tsusho starts trade in Japan bunker market
    First trade for 180 cst bunker fuel was processed on Wednesday.
  • Vopak gets commitments for $154 million growth capital
    Four investors participating in renewed program to fund expansion projects.
  • Credit insurer refuses cover to ZIM's bunker suppliers
    ZIM says the insurer is 'is reviewing the entire shipping industry'.

›››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%)
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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