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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:35 GMT+1
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BRIEFS
January 15, 2009
The Business Timesweb site
Shipping News
  • Tankers do double duty as oil storage
    Frontline Ltd, the world's biggest owner of supertankers, said that about 80 million barrels of crude oil are being stored in tankers, the most in 20 years, as traders seek to take advantage of higher prices later in the year.
  • Mitsui OSK to cut fleet expansion
    Mitsui OSK Lines Ltd, the world's largest merchant fleet operator, will reduce its expansion plans by 50 ships as worldwide demand for sea cargo shrinks.
  • Pacific Basin expects more line failures
    Pacific Basin Shipping Ltd, Hong Kong's biggest operator of commodity vessels, expects more lines to fail after the global recession caused freight rates to plunge 92 per cent last year.
  • Baltic index rises on iron ore demand
  • Sea, sail and sponsorship - it's all part of the challenge
  • Corporates ride the waves
  • Hedge fund eyes vessels in forced sales

Sched Netweb site
  • PSA's 2008 up 7.3pc, but warns of tough year ahead
  • None hurt as hooded 'anti-war protesters' vandalise Zim office
  • Four new berths built at Qingdao Qianwan phase 4 terminal
  • Hapag-Lloyd appoints new CFO, interim CFO moves to development
  • Chongqing builds new container terminal at Donggang Port Area
  • China Logistics Corporation invests on new Hunan industrial park
  • Longest Sino-Russian road for cargo opens to traffic
  • Hamburg Sud names 4,294-TEU charter vessel in Chile
  • Global slowdown may delay Seaforth CT expansion plans
  • Vancouver faces prospect of container truck strike
  • Hawaii trade is less hard hit than the mainland United States
  • Kalmar's 4,500th straddle carrier delivered to Bremerhaven
  • Zhuhai Airport 2008 cargo volume up 4pc
  • Mindanao's Davao City mulls fruit and veg air cargo terminal
  • Lufthansa Cargo cuts capacity after 21.4pc decline

Exim Indiaweb site
  • Hanjin launches MINA service at GTI
  • Tests for hassle-free global reefer box monitoring system under way
  • Bill introduced to declare Barak river stretch in Assam as National Waterway
  • SCI's new 4,400-TEU ships make maiden call at Felixstowe
  • Falling cargo rates sink US shipping firm
  • Agricultural deal with Canada inked
  • New Mangalore Port makes remarkable strides in box handling
  • Shipping Secy visits Vadinar & jetty area of Kandla Port
  • Rlys freight traffic nets more in April-December
  • Industrial output recovers to 2.4 pc in November
  • Fuel prices may be decontrolled
  • Gujarat now the investors' paradise
  • Where skill & enterprise matter
  • CII wants separate panel under PM to address small exporters' woes
  • Rice export ban to be reviewed
  • Assocham to hold workshops on service tax, Cenvat credit

Maritime Global Netweb site
  • London Club warning over Mangouras ruling
  • Nordic American raises $107m
  • "Protect seafarers from piracy" plea
  • London Hebei Spirit rally planned

Marine Logweb site
JANUARY 14, 2009
  • Winter to soldier on
  • Navy nearer to homeporting carrier in Mayport
  • Russian Navy foils pirate attack on Maersk ship
  • U.S. Shipping Partners JV takes delivery of NASSCO tanker
  • OSHA issues citations, fines in Goliath crane collapse case

World Wide Shipperweb site
JANUARY 14, 2009
  • Bored tunnel to replace Alaskan Way Viaduct in Seattle
  • Transport Secretary announces new rules for hazmat rail cars
  • Works of regional sculptors headed to Portland Airport
  • PIERS data predicts slowing of US exports
  • Mitsui O.S.K. Lines opens terminal in Jacksonville

Lloyd's Listweb site
JANUARY 14, 2009
  • Box carriers in crisis as rates continue in freefall
    CONTAINER shipping is facing its worst year ever, with even the biggest lines not safe from the risk of collapse.
  • London P&I Club condemns Mangouras bail ruling
    RISK of politically-influenced bail requirements could rise following the European Court of Human Rights' verdict.

Fairplayweb site
JANUARY 14, 2009
  • Ship values down in 2009
    SHIP ASSET values continued their six-month fall into the New Year as both bulker and tanker values reached new lows
  • CLIA vows to 'weather challenges'
    THE Cruise Lines International Association (CLIA) maintained that its member companies are prepared for what will be a challenging year
  • EC approves APM's Broström deal
    EU COMPETITION watchdogs today gave AP Møller-Maersk the green light to buy Swedish shipping company Broström ' even though their activities overlap in several tanker markets
  • Migrants safe after Med terror
    A TANKER crew delivered 102 migrants to safety at Valletta's Grand Harbour this afternoon in Malta after a terrifying rescue in the Mediterranean

The Journal of Commerceweb site
JANUARY 14, 2009
  • Expedited review for TSA rejected
    FMC plans full 45-day review of capacity management proposal by trans-Pacific ocean carriers.
  • LA boxes decline 6%
  • Mexico port plan on track
  • Obama to push for stalled trade pacts, says House pol
  • Bleak box forecast
  • US business promotes China trade agenda project
  • Last Liberty ship leaves US
  • Jaxport opens MOL terminal
  • USTR: Don't hinder trade
  • Shippers' market, says 3PL
  • No NAFTA talks: Calderon

Containerisation Internationalweb site
JANUARY 14, 2009
  • Stocks in need of 'Obama bounce'
  • Hebei Spirit master and c/o bailed
  • Emirates Shipping's Khan to focus on 'withstanding the storm'
  • Finnlines issue profit warning
  • Yantian Port strikes agreement for new terminal

TradeWindsweb site
JANUARY 14, 2009
  • Port crunched
    A $5bn port project in Mexico could be scrapped in response to slowing vessel traffic.
  • Takeover gets OK
    European regulators give the OK to AP Moller-Maersk's offer to take over Brostrom.
  • Maersk attacked
    Russian Navy to the rescue as grenades fired at Maersk Line boxship in Gulf of Aden.
  • TK view cut
    New York analyst cuts earnings estimates for Teekay Corp but says 2009 should be strong.
  • NAT bags $108m
    Herbjorn Hansson-led Nordic American Tanker Shipping's share offering is sewn up as underwriters take options.
  • Another sinks
    A cargo vessel is the second ship in a week to go down in bad weather off Indonesia.
  • DVS buys DFDS
    Danish logistics player pays $140m in shares to join Lauritzen parent JL-Fondet as co-owner of ro-ro player.
  • Family buys more
    Companies connected to the Tsakos family continue to buy up shares in Tsakos Energy Navigation.
  • Danish debut
    Nordic energy company Vattenfall founds shipping arm in Denmark with six vessels acquired from Britannia Bulk.
  • NWS buys
    Russian shipowner takes 33% stake in sister company Okskaya Shipyard in share issue.
  • Ferry holed
    Finnish ro-ro Birka Express damaged in collision with containership off Germany.
  • Little solace
    Greek bulker Quantum's operator Pendulum fined $1.3m for pollution violations in Philadelphia.
  • Rem happy
    Norwegian owner bags healthy profit from sale of anchor-handler to Varun in falling S&P market.
  • Thinking big
    Industry consolidation and higher dividend payments on the cards as logistics player DVS moves in at DFDS.
  • Dollar delight
    Favourable exchange rates help Andi Case-led Clarkson defy the downturn as it heads for record results in 2008.
  • Canterbury fail
    P&O ferry suffered severe propeller damage after hitting charted wreck off UK, accident report reveals.
  • Dutch smash
    No pollution reported as Eitzen chemical tanker and box vessel involved in collision off Netherlands.
  • Capesize held
    Canadian bulker racks up 28 deficiencies in the UK while Ukrainian unit scattered with asbestos.
  • New Nouakchott
    China to splash out $280m on expanding deep-water port in Mauritania's capital city.
  • Finnlines' fears
    Finnish exports and imports plunged in fourth quarter, leaving ro-ro owner "heavily affected."
  • Nexus slides
    Shares in Norwegian FPSO provider drop almost 50% over fears Philippines contract may fail.
  • EOC falls flat
    Singapore offshore construction and FPSO operator takes a hit from reduced rates and workload.

American Shipperweb site
JANUARY 14, 2009
  • Drewry: 2009 container industry's toughest test
  • Rally for jailed Hebei Spirit officers
  • No 4th quarter containership orders
  • FedEx reloads on 777s
  • ESC: Shippers bear pollution, congestion costs
  • FedEx Freight offers guaranteed delivery
  • Swift names Stocking president, COO
  • VEU program fully implemented
  • Importer guidance draft released
  • FDA appointments with food safety in mind
  • UTi taps UPS executive as CEO
  • Kornegay seeks dredging, Houston rail fixes
  • Calif. Congressional delegations blasts FMC
  • Jacksonville terminal gets first ship

The Scandinavian Shipping Gazetteweb site
JANUARY 14, 2009
  • Charterer "forces" ships into piracy waters
    It is the charters market and with an increasing supply of unemployed vessels, owners are under put under pressure. According to the P&I club London Club, owners are beginning to sign charter parties including a "Gulf of Aden" clause ...
  • Danish shipping is facing a spanish tax trap
    Danish shipping is facing a tax trap in Spain in the aftermath of the termination of a mutual tax-agreement between Denmark and Spain/France. The termination passed through the Danish parliament in order to stop the growing transfer of ...
  • JL sells part of DFDS Group
    DFDS Group got a new ownership structure on Tuesday as the main shareholder JL Fondet A/S (J. Lauritzen Foundation) swapped some 45 per cent of the JL Fondet's 51 per cent of the ownership of DFDS Group. In return ...

The Bunker Bulletinweb site
JANUARY 14, 2009
  • Bunker prices jump
    European bunker prices surge but could be poised to weaken.
  • Crude sheds gains as US inventories grow
    Unexpectedly large product builds reverses earlier price increases.
  • 'Zero rates' as container traffic falls
    Lines 'only covering' bunker costs and other expenses.
  • Traders think 'worst is yet to come'
    Bearish outlook after Singapore sales contract for two consecutive months.
  • Chemoil 'well positioned' to ride out market turbulence
    Independent supplier says it commands 10% of Singapore market.
  • Soaring prices, hidden buyers
    Buyers sidelined as bunker prices in key Asian ports rose sharply on Wednesday.
  • Oil prices 'won't go much above $50'
    Omani Oil Minister predicts little oil price movement in 2009.
  • Singapore's December bunker sales decline
    Despite the drop, total sales in 2008 reached a new record.
  • US broking firm to offer swap brokerage in Japan
    Transactions will cover 380 cst and 180 cst bunker grades.
  • Maersk welcomes cheaper bunkers
    But shipping giant warns of tough times ahead.

›››File
FROM THE HOME PAGE
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
PORTS
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
ENVIRONMENT
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
COMPANIES
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
PORTS
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INDUSTRY
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
PORTS
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
COMPETITION
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
ENVIRONMENT
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
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
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
EDUCATION
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
MEETINGS
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
MOURNING
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
SHIPPING
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
PORTS
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
LOGISTICS
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
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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