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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
May 22, 2009
The Business Timesweb site
Shipping News
  • Rolls-Royce's marine sector looks East
    For Rolls- Royce's marine business, future growth will be driven by demand for specialist vessels in the merchant navy in North-east Asia.
  • Asian shipping stocks up despite downturn
    The shipping industry has been sailing through troubled seas as the global recession takes a toll on trade, but Asian shipping stocks have rebounded in 2009 as investors bet on a recovery. China Cosco, which operates the world's biggest dry bulk fleet, hit an eight-month intra-day high on Wednesday on the strength of dry bulk shipping rates, and is up about 65 per cent this year.

Sched Netweb site
  • MSC ends Jade, assigns cargo to 4 old loops - 14,000-TEUers coming
  • Maersk Line delays rate hike for N America-Med-N Africa trade
  • Update: Hanjin hikes Asia-Europe rates from June 1 and again July 1
  • Rely on professionals, says IMO in rejecting armed crews
  • Hanjin Shipping expands fleet with 4,300-TEU newbuilding
  • Fujian's export decline slowed down in first quarter
  • Tianjin port offers Samsung intermodal transport
  • TNT-Hoau extends day-definite road service to Hangzhou
  • Hamburg quarterly cargo shrinks 21.7pc, but optimism prevails
  • Independent truckers seek to quash LA-LB clean trucks scheme
  • India's box traffic slumps 14pc at big ports in April
  • Shippers urged to get tough in negotiations with carriers
  • Antwerp to provide cold-ironing to ICL seagoing ships
  • Judge raps Australian prosecutor in SIA price-fixing case
  • ATA airlines post cargo decline of 21pc in March
  • UK's Globe Air Cargo ties up with Nigeria's Arik Air
  • Qantas codeshares with Japan Airlines from June 1
  • Aeroflot deploys A330 from Moscow to Vladivostok 5 times a week

Exim Indiaweb site
  • LSPL capably executes challenging ODC shipment of 8 modules
  • Technology can help freight forwarders meet demanding customer expectations-R. Radhakrishnan
  • WCA Family launches specialist network of Perishable Logistics Alliance
  • WWSA bringing together independent ship agency companies
  • Edible oil leads surge in 2008-09 imports of sensitive items
  • EU may impose curbs on farmed shrimp
  • Marine products exports fall
  • Cochin Port joins project cargo handlers club
  • Plan panel draws up blueprint for 4 more rail freight corridors
  • Rlys start fiscal with modest rise in freight
  • Duty may be waived on specialised farm equipment
  • White paper on GST sought
  • Even aviation & foreign car firms seek ECGC cover against cross-border receivables
  • Budget delay to mean another vote-on-account
  • Economic Advisory Council quits

Maritime Global Netweb site
MAY 21, 2009
  • ICS stresses need for IMO to control greenhouse gas issue
  • North of England's reserves dip 4%, but no additional calls
  • "Good start" for ChemoilAdani
  • PC Maritime revamps ECDIS training project

Marine Logweb site
MAY 21, 2009
  • Electric Boat gets $15.8 million contract for repairs to Hartford
  • Gunderson launches Crowley heavy lift barge
  • Star Bulk brings ship management in-house
  • BIW completes first Ultra Unit
  • Cummings wants Navy security teams on U.S.-flag ships

World Wide Shipperweb site
MAY 21, 2009
  • Foss Maritime named top environmental business
  • NOL Group plans to move regional headquarters to Phoenix
  • New Boeing 777 freighter delivered to AeroLogic GmbH
  • Oregon short line railroad earns E.H. Harriman award
  • Hanjin Shipping marks opening of new Busan container terminal

Lloyd's Listweb site
MAY 21, 2009
  • Half of all listed shipping companies may go bust
    FIRST International chairman Paul Slater predicts painful next 12 months for boxships, dry bulk and tankers sectors.
  • Capital markets finance route still open to shipping
  • Maersk Line plots new course as it vows to keep market share
    COMPANY has reviewed its position and set "a clear goal to keep our market position", says boss Eivind Kolding.
  • Private equity 'not an easy option', owners told
    SHIPPING still a very small part of the private equity pie, says AMA Capital Partners boss Peter Shaerf.

Fairplayweb site
MAY 21, 2009
  • Biggest Brazil deal for China
    A DEAL has been announced that would mark the biggest investment by China in Brazil
  • Port Klang finally to unveil audit
    THE PORT Klang Authority finally plans to release an audit of its operations next week after a long secrecy scandal, a source close to the PKA has confirmed to Fairplay
  • HSH gains '3Bn injection
    TWO GERMAN states have reportedly decided to inject €3Bn ($4.1Bn) into the world's top global shipping bank
  • World Bank to lend China $80M
    THE WORLD Bank will reportedly lend China $80M to help it step up development and use of coal bed methane and local methane as coal substitutes
  • Frontline's dividend mystery
    OSLO-LISTED Frontline continued today to refer to its 'high dividend payout ratio' on its website ' but could not comment on industry speculation that the tanker giant would axe shareholder payments next week
  • Algiers-Barcelona line launched
    ALGERIAN ferry operator ENTMV today launched a new shortsea ro-pax service between Barcelona and Algiers
  • Egypt plays down grain spat
    EGYPTIAN foreign minister Ahmed Aboul Gheit has backed away from a fight with the Kremlin over Russian grain shipments to Egypt

The Journal of Commerceweb site
MAY 21, 2009
  • Seeking Shipper Support
  • Rail Traffic Hits Year's Low
  • Obama Budget Provides $28.5M for Craney Island
  • Infrastructure's Global Importance
  • Leading Economic Index Jumps 1 Percent
  • Transportation Stimulus Spending Nears $13B
  • No Gas Tax Hike, Says LaHood
  • Emirates Profit Dives 72 Percent
  • Texas Allows Overweight Trucks
  • Maersk Hikes Rates, Surcharges
  • Former CSX Hotel Out of Bankruptcy
  • Drewry Calls Dry Bulk Recovery Temporary
  • Port of Houston to Invest in Infrastructure
  • Crowley Launches Heavy Lift Deck Barge
  • Railroads Say Agriculture to Lead Recovery
  • Asian Box Stocks Rated "Buy"
  • Port of Tacoma Cuts 47 Staff Jobs

Containerisation Internationalweb site
MAY 21, 2009
  • APL finds a place to lay its hat in Phoenix
  • US and Angola sign trade pact
  • Boxship charter market: still some way to fall
  • IMF lauds UK's 'bold approach' to economic crisis
  • Roller bullish on recovery despite Hamburg's decline

TradeWindsweb site
MAY 21, 2009
  • ATM out of cash
    DryShips finishes selling $475m in at-the-market offering of shares, bringing share count to 258 million.
  • $31m panamax
    2004-built panamax bulker Maritime Christine fetches roughly $31m from Greek buyers.
  • Stopped at $112m
    OceanFreight ends deal with YA Global Master before reaching $148m mark.
  • Sveaas hits back
    Norwegian investor's Kistefos company slams Trico leadership's "poor track record" as proxy vote set for 10 June.
  • Not guilty plea
    Teen accused of botched hijacking of Maersk Alabama pleads not guilty in New York.
  • Dry looks dreary
    Massive orderbook and slowing cancellations could keep dry-cargo market down until 2014, warns Drewry.
  • Less but longer
    Akis Tsirigakis' Star Bulk accepts a lower charter rate on three vessels as it renegotiates longer deals.
  • DryShips view cut
    Lazard Capital Markets analyst shaves EPS estimates as new waivers in crease interest margins.
  • 'Disruptive duo'
    Trico Marine moves to block boardroom bid from Christen Sveaas (right) and Age Korsvold (left), slamming recent "poor" investments and unclear intentions.
  • Builder drops axe
    US barge builder Trinity Marine Products cuts 190 employees as newbuilding demand suffers.
  • Japan holds 16
    Veteran Pullmantur cruiseship on April detention list with ventilator flap and skylight deficiencies.
  • Turning point?
    Investment and underwriting losses wipe out West of England P&I club cash call but Peter Spendlove hopeful that nadir has passed.
  • Navios net falls
    A $5.5m swing in FFA earnings and higher operating costs chip away at New York-listed shipowner's bottom line.
  • Bulker grounds
    Croatian dry cargoship loses power off South Africa and suffers water ingress to engine room.
  • Northern light
    Fast growing Newcastle P&I club confirms star quality with outstanding result in exceptionally difficult year.
  • MIS rises
    Dubai shipyard group sees profits and revenues surge thanks to progress on jack-up newbuildings.
  • Ferry fiasco
    Short turn, dirty bridge window and strong sunlight contributed to CalMac ferry's grounding off Oban, Scotland.
  • Varun ahead
    Indian tanker and offshore player increases revenues and earnings in year to 31 March.
  • ATI sues
    Philippines ports company goes to court over running of passenger terminal two at Batangas.
  • George gets less
    Globus Maritime chief's pay fell by nearly $100,000 last year, but he sees end to trade credit problems.
  • Sulpicio suffers
    Tragedy-hit Philippines ferry group sees 2008 losses widen as revenues are slashed.
  • Atalanta extended
    Area around Seychelles to be covered by EU naval ships due to increasingly remote pirate attacks.
  • Cash for Ezra
    Singapore offshore vessel operator boosted its coffers with $63.5m from a private share placement.
  • Swiber a 'sell'
    Local analysts express concern over lack of new orders and say share price run up is good chance to exit.
  • Pemex says yes
    Mexican owner Grupo TMM succeeds at last in fixing products tanker to national oil company.
  • Abidjan's bid
    Ivory Coast port aims to be regional hub with investment of $62.3m.
  • Boxships down
    Singapore saw a near 15% drop in containership arrivals last month, but bulker numbers shot up.
  • Bunker boost
    ChemoilAdani fuel joint venture at Mundra, India, says volumes strong in first quarter.
  • Honkers holds five
    Two feeder containerships and a B + H Equimar combination carrier among ships held in April.
  • Action on hold
    Injunction against SembCorp Marine over failed rig deal is halted pending possible settlement.

American Shipperweb site
MAY 21, 2009
  • Lawmaker to offer HMT fix
  • ASC chairman: Shippers shouldn't pay for carrier problems
  • NOL finds new regional home in Phoenix
  • YRC Worldwide chief still has "many levers to pull"
  • USDA allows longan imports from Taiwan
  • FMC reviews 19 OTI license applications
  • Lower volumes hurt VPA debt rating
  • AutoPort signs lease with Delaware port
  • SDDC's Beaumont operation gets new commander

The Bunker Bulletinweb site
MAY 21, 2009
  • NCL benefits from lower bunker costs
    First quarter results show a 43 percent fall in fuel costs.
  • House passes oil spill prevention bill
    Double-hull barges will require tug escorts.
  • Bunker prices up in Southern Europe
    North Europe observing 'Ascension Day' public holiday.
  • Sulphur targets will increase GHG emissions
    Refiners' body says producing low sulphur bunker fuel will generate more CO2.
  • EU making progress on shore-side power
    Commissioner Joe Borg 'optimistic' that shore-side electricity can soon be 'a reality in many ports'.
  • Petrobras enters Rotterdam HSFO market
    Customer demand behind decision to expand from LSFO to 'very competitive' HSFO market.
  • Bunker prices edge up in key ports
    Buyers seen holding back after latest crude gains.
  • BP Marine deploys bunker barge at Salalah
    Supplier says it has invested more than $20 million in the Omani port.
  • Singapore residual fuel stocks fall further
    Western arbitrage arrivals decline.
  • Japan's March bonded sales up 13%
    Japan bunkers 'attractive' as price spread narrowed against Singapore.
  • Chemoil-Adani reports 'encouraging' sales
    Joint venture sold 50,000 mt of bunkers in Mundra in March.
  • Brightoil starts operations in Hong Kong
    Company plans to deploy a second bunker tanker in the port in the next couple of months.

›››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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