BRIEFS

testata inforMARE

22 November 2024 - Year XXVIII

Independent journal on economy and transport policy

00:56 GMT+1

BRIEFS

May 15, 2009

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*Shipping News* Mercator '09 profit rises 45% to US$75.8m Indian-owned dry bulk shipping company Mercator Lines (Singapore) had a stellar year, posting a 45 per cent rise in full-year FY2009 net profit to US$75.8 million on a 27 per cent increase in revenue to US$186.1 million as both vessel day rates and operating days rose over the full-year period. NOL container unit to serve Vietnam Neptune Orient Lines container unit APL yesterday took a punt on the relatively still buoyant Vietnamese economy with the launch of a new weekly direct container shipping service linking Vietnam and the West Coast of North America. Kaohsiung port sees signs of export slump bottoming out Taiwan's major international port is seeing signs that an export slump is near bottom, with a plunge in container traffic tapering off and workers in this industrial city taking less unpaid leave.

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Dyrbye new Safmarine CEO, Heesom-Green becomes Maersk's Africa chief Singapore boxes down 17.6pc in April and off 5pc from March Cosco abandons Evergreen's Far East-Mideast loop IMO holds Hong Kong conference on ship scrap yard rules Toll to buy China Merchants' Shenzhen logistics firm Panama Canal tie-up station allows an extra transit a day Kaohsiung port box volume surges thanks to cross-strait direct shipping NY, NJ ports see Q1 volumes decline a record 17.4pc CAI delivers weaker results for box leasing on lower utilisation DP World forms JV with Flinders Ports to operate Adelaide CT DP World equity infusion expected in PE share sale Bipartisan US tariff bill revived over RMB value and dumping Poland's DCT Gdansk shows off heavylift capabilities 3L-Leemark opens new Turkey office Nippon Express plunges, but 2009 looks better after fine paid Tennessee's Tri-Cities air cargo down 95pc after DHL pullout Aloha Air Cargo celebrates first year at new Kahului facility Mercury Air Cargo launches cargo handling arm

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Far Shipping (India) launched Baltic Dry Index posts biggest weekly gain in 3 months VSAA takes initiative to hold shipping & logistics awards function 29 pc drop seen in India-China trade Import surge sinks steel prices Nafed buying onions to hold prices Cochin Port users urge unions to end stir Gujarat maritime police to get bullet-proof vessel Ficci presents Budgetary formula to give growth an impetus Re. firms up vis-'-vis $ Fieo spots economic recovery signs amidst production dips IMC's handbook on handloom textiles standards released PM confers with economists on dismal IIP show Planners get on with their task

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MAY 13, 2009
Toll invests in China The Toll Group has agreed to acquire full ownership of Shenzhen (China)-based ST-Anda Logistics. The company has reached agreement with the China Merchants Group to acqui... Menlo gets new contract in Mexico Menlo Worldwide Logistics has been selected by Dana M'xico Corporacion S. de R.L. de C.V., the Mexico-based operation of the automotive industry supplier Dana Holding Cor... SIL Barcelona: Pre-Register for free without waiting in line Attending the SIL Barcelona is easier than ever before, as you can pre-register for free without waiting in line. The organization of SIL and ITJ Logistics Worldwide invi... Peter Gerber to succeed Roland Busch at Lufthansa Cargo Peter Gerber has been nominated for a seat on the executive board of Lufthansa Cargo by the steering committee of the company's supervisory board, with effect from 1 June. As the b...

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MAY 14, 2009
Intertanko spells out greenhouse gas goals Rieber posts Q1 loss Chemoil profit soars ISF launches careers DVD

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MAY 14, 2009
GAO: Navy programs ignore commercial yards' best practices Navy budget faces rough ride ASA honors Senator Jack Reed Crowley Maritime makes changes Navy seizes pirate mother ship Massive job cuts at Wärtsilä

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MAY 14, 2009
Senator Murray nets funding for Columbia channel project Crowley making changes to management structure Fred Potter named head of Teamsters' Port Division Port of Portland honored for safety/health achievements Lloyds List taps Leander as new editor-in-chief

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MAY 14, 2009
Climate protesters train their sights on shipping LOBBY groups target International Chamber of Shipping in series of events in run-up to Copenhagen. Intertanko says emission scheme must be industry specific End looms for some KG funds, says Hansa board member Lack of investors could wipe out weaker funds but KG model secure. Ship Finance delays boxships as net income falls 33% COMPANY delays delivery and payment of five newbuilds as net income slides.

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MAY 14, 2009
US shipping execs jailed FOUR FORMER Jones Act box trade executives have been sentenced to lengthy prison terms, a Justice Department spokesperson confirmed to Fairplay today MCA boss Cardy under fire MANAGEMENT of the Maritime and Coastguard Agency in the UK came under fire today as there were calls for immediate improvements within the organisation Officers union opposes ship guns MEMBERS of the new Anglo-Dutch maritime professionals union Nautilus International have been strongly advised not to carry weapons on board ship for defence against piracy Hansa Treuhand sees no funding gap GERMAN box ship owner Hansa Treuhand is not expecting any liquidity shortages among its 84 vessels this year Knightsbridge suspends dividend KNIGHTSBRIDGE Tankers will not pay its quarterly dividend, in an effort to conserve cash for its foray into the drybulk sector Singapore throughput slumps again BOX volumes have continued their downward spiral in the world's busiest container port of Singapore NCL returns to profit NORWEGIAN Cruise Line returned to profitability in its first quarter, after suffering huge losses last year

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MAY 14, 2009
Congress Gives FMC '+' Grade Fredriksen Fails to Oust TUI Board Members Truckers Sue Minnesota Troopers APL to Launch Vietnam ' U.S. Service Deflation Picks Up Speed Sri Lanka Extends Bidding for Terminal Jet Fuel Consumption Slides AeroLogic Takes Delivery of First Freighter Recession Hits Great Lakes Hard Rails Jolted by May Slump Senate Bill Cuts Highway Money Lawmakers Introduce Currency Reform Bill China Shipping Eyes Second Half Gains Express-1 Takes Profit Hit Nippon Cargo Resumes NY Flights Japanese Airline Cargo Nosedives in March CEO of YRC Logistics to Leave Company Eimskip Sells Containerships Stake

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MAY 14, 2009
ICG's shortsea box volumes plunge by a third 500 newbuilds cancelled in downturn Zim to pay USD29 million in shipyard cancellation fees TUI staves off another attack from Fredriksen Eimskip sells up at Containerships, at a loss

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MAY 14, 2009
NCL logs a profit Norwegian Cruise Line returns to profit in first quarter as bookings look strong. Mothership caught South Korean and US forces respond to distress call from Egyptian panamax bulker and detain 17 suspected pirates. 11 vessels lost Tidewater execs say Venezuela's Pdvsa has taken over 11 offshore vessels, with crew, and a shore base. Merrill man moves Top investment banker Mark Friedman to become new head of shipping at boutique New York bank Evercore. Aegean profits dip Peter Georgiopoulos-led bunker supplier misses Wall Street expectations as it ratchets back sales to avoid counterparty risk. SFI postpones John Fredriksen-controlled shipowner reports worse-than-expected profits and reveals postponement of five boxship newbuildings. IEA cuts forecast Oil demand outlook for 2009 falls by 200,000 barrels per day as fundamentals continue to look weak. Wilson worried Norwegian mini-bulker player starts talks with banks to avoid covenant breaches at the end of June. Torm two sold Danish shipowner pockets $15.4m following sale of panamax bulker brace. Divi gassed Harry Vafias' StealthGas drops shareholder payouts amid bleak outlook as results beat estimates. That's your lot Knightsbridge calls a halt to dividends after 36 unbroken quarters due to newbuild finance uncertainty. Offshore gloom Farstad Shipping, headed by Karl-Johan Bakken, says newbuilding cancellations won't save the market as it posts strong first quarter. Reefer refloated Norwegian vessel Framnes pulled free near Muuga in Estonia after grounding. Eimskip sells out Struggling Icelandic line offloads 65% holding in Finland's Containerships for $31m loss to cut debt. Heavy profit Heavy-lift player Dockwise enjoys big earnings jump in first quarter as it gets busy with rig moves. Pirates take crew Nigeria's MEND group says it has snatched crew of ship 'Spirit' with second vessel and crew said to have been seized. Safmarine attack Pictures show damage to second Safmarine ship in a month to be attacked by Somali pirates. Rieber in red Sven Rong-led offshore owner is talking consolidation after seeing first quarter bottom line flattened by weak market. Capacity squeeze Simon Stonehouse sees hull rates on the rise as financial crisis bites. CGG misses Robert Brunck-led offshore operator's first quarter profit drops as it misses analysts' forecasts. Optimistic Olgas Rosgosstrakh marine duo find Greece is a good place to do hull and P&I business. Look-outs rapped Complacent watchkeeping on UK cargoship and Egyptian bulker blamed for clash off Kent. Good at being bad Veteran broker Hans-Petter Henschien speaks frankly on the good and the bad guys. Hard times Cash call pain fails to convince Greeks of merit of national P&I club. Another case? Crew member quarantined on Carnival cruiseship in latest swine flu scare. Protection time Shipowners cannot fight the pirate threat alone, warns Tsakos manager Charalambos Hajimichael. PSL sells again Another elderly handysize bulker leaves Precious Shipping's fleet, this time for $3.05m. No cash calls Gard chief Claes Isacson rules out asking members for more despite troubled financial markets. Kansai plunges MOL-owned ferry player sees first quarter turn red, but better times are ahead. Still on course George Tsavliris sees no signs so far of recession driven upturn in casualties. Eitzen seeks deal Norwegian chemical tanker owner still in talks with banks over debt as it cuts first quarter losses. Smit rescued Thunderhorse settlement prevents drop in first quarter profit as Smit as recession hurts its salvage and harbour towage units. Athens adieu John Tzoannos finds Marine Risk Forum a perfect brainstorming event. Citi down on DSME Too many unknowns about ownership, the lack of fresh orders and other issues keep Daewoo a sell. Hurt fades Norwegian cruiseferry business Hurtigruten cuts losses in first quarter as its restructuring begins to pay off. Wartsila cuts Finnish engine builder cutting 450 of the 1,300 staff at its ship power business due to slowdown. Chemoil prospers Singapore-based bunker supplier sees leap in first quarter profits despite declines in sales volumes. Stocks pullback US shares take a breather as economic indicators suggest economy not bouncing back as fast as hoped. Mercator minted Indian shipowner's Singapore-listed spin-off sees full-year profits up 45%, despite weak fourth quarter.

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MAY 14, 2009
Shipping executives sentenced to jail time Coast Guard issues security directive APL starts direct Vietnam/WCNA DOT to seek RFPs for $1.5 billion grant program Great Lakes traffic slumps in April U.S. pork exports to Mexico strong before swine scare BSI acquires SCSD, C.I. DHL building Hong Kong center for apparel Long Beach gets go-ahead on Middle Harbor development Potter named head of Teamsters' Port Division

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Maersk Line abandons Göteborg Last year, Maersk Line merged several of its business areas and set up a regional office for the whole of Northern Europe with the head office in Göteborg ' now, the Wärtsilä cuts hundreds of jobs Wärtsilä is adjusting its Ship Power business to reflect the current market situation by reducing the number of jobs by 400 to 450 persons, of which approximately 80 are in Containerships back to Finland Eimskip will sell its shares in Helsinki-based Containerships Ltd Oy to the minority owner Container Finance Ltd Oy. The transaction is a part of the financial restructuring of Eimskip Sweden criticised by NGO The NGO platform on shipbreaking accuses the Swedish government of accepting toxic shipbreaking on the beaches of poor countries by giving the green light to the IMO convention on shipbreaking Finnlines to open passenger service to Poland Finnlines will start up a service between Helsinki and Gdynia with ro-pax vessels in the Finnstar class. Finnlines recently transferred two of these vessels from Nord' Link's service between

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MAY 14, 2009
$60 oil 'not supported by fundamentals' IEA says oil stocks are at 16-year high, demand forecasts revised lower again. Prices in North Europe follow crude down Southern Europe bunker prices more mixed. INTERTANKO discusses market-based GHG controls Says it 'should be governed by the IMO and be specific for the shipping industry'. Bunker industry prospects are 'pretty tough' Global shipping market has seen an 'unprecedented collapse'. Bunker prices fall in most key ports Singapore bunker prices fell the most compared to other Asian ports. Singapore residual fuel stocks dip Middle distillate inventories rise. More bunker storage needed Fuel quality issues 'greatest uncertainty' facing bunker players in Western Mediterranean. Stocks build in East China on low demand Bonded bunker fuel oil inventory surge 75% in one week. Chemoil profits surge 283% First quarter sales volume, however, was down 23% from a year ago. Aegean Q1 profits down 41% Sales volume up by close to a quarter due to higher sales in Greece and Singapore.

›››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

Salerno

Bari

Savona

Leghorn

Taranto

Naples

Trapani

Carrara

Palermo

Trieste

Venice

Italian Interports: list

World Ports: map


DATABASE

		Shipowners		Shipbuilding and Shiprepairing Yards
		Forwarders		Ship Suppliers
		Shipping Agents		Truckers

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

››› 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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Editor in chief: Bruno Bellio
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