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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
February 24, 2009
The Business Timesweb site
Shipping News
  • Recession as a necessary correction for offshore sector
    The current recession is nowhere near being another Great Depression and in fact was something the offshore industry needed, according to industry old hand Neil Baird.
  • Pirates free crew abducted from Malacca Straits
    THE first kidnapping in more than a year has hit the Straits of Malacca, with the master and chief engineer of a tug grabbed by pirates on Thursday last week and freed yesterday.

Sched Netweb site
  • Grand Alliance to re-route EU3 service via Cape of Good Hope
  • Asia Express cuts capacity to Latin American west coast
  • Taipei launches 1.1 million TEU container terminal
  • Korea looks to bail out shipping with debt restructuring
  • Claus-Peter Offen plans to lay up ten 2,500-TEUers
  • Cosco boss hails bailout stimulus schemes for uplifting Baltic Dry
  • Risk of collision rises when ships lay up: P&I Club
  • LA-LB ports move to stave off hungry northern wolves
  • IMO demands Nigeria act against Gulf of Guinea pirates
  • LA-LB port roads clogged as trucks without tax tags turned away
  • Rift Valley Rail outsources freight handling to Mombasa port
  • Globe Air Cargo made GSA in UK for Vietnam Airlines
  • Latin America suffers 25.4pc December decline in air freight
  • Delhi okays India-Singapore multi-airport ground handling deal

Exim Indiaweb site
  • CMA CGM to hike rates on all origins & destinations from April
  • Depression pulls down shipping line
  • Mahindra Odyssea unveils fibreglass powerboats in maritime foray
  • UASC imposes emergency risk levy for Gulf of Aden transit
  • DB Schenker offers 1-stop logistics solution for trade with France
  • Glimmer amidst the gloom
  • Grand Alliance announces cooperation with Zim on Pacific North-West trade
  • NYK Line revamps 2 services linking Asia with Central & Latin America
  • MOL to cut capacity by another 10 pc
  • CMA CGM drops Panama for Cape of Good Hope on PEX2 service's return voyage
  • Marit Maersk becomes longest containership to visit Port of Hamburg
  • Manila plans framework of modular ports
  • Port of Tacoma expands CFS operations
  • K Line enhances partnership with GT Nexus
  • Syria's TICT allowed to handle transhipment boxes
  • Yang Ming Line revamps N. America offices
  • Safeguard duties may be imposed on more Chinese goods
  • Mandatory norms for toy sales under study
  • Iffco, IPL ink pact with PhosChem for supply of DAP
  • Port workers to go on strike from March 10
  • Gopalpur port claims 1-day MoP discharge record at anchorage
  • DHL expands Import Express service
  • Rupee breaches 50 against dollar
  • DGFT notifies new raw sugar import norms
  • Interim FTP this week
  • Synthetic textile exports may fall 15 pc short of target-SRTEPC chief
  • Industry consultation over FTA with Korea on Feb. 26
  • ATA Carnet workshop on Thursday
  • Kasez, KASEZIA jointly celebrating Foundation Days

International Transport Journalweb site
FEBRUARY 22, 2009
  • Cargoitalia buys Alitalia Cargo
    The Milan-based carrier Cargoitalia has acquired the cargo division of privatised Alitalia for EUR 14.5 million. The deal includes the purchase of five MD-11F freighter aircra...
  • German may offer Russia share in PCC
    The German railway Deutsche Bahn wants to offer the Russian railway RZD a 49% stake in the Polish railfreight company PCC Logistics. This was announced by the media, citing a sourc...
  • CD Cargo turnover down
    According to preliminary figures, the Czech freight railway CD Cargo's turnover for 2008 was CZK 17.6 billion (EUR 610 million), 1% less than the previous year. The opera...
  • First blocktrain to Poti
    The German rail operator Polzug Intermodal has launched a regular blocktrain service between Georgia's port city of Poti and Azerbaidjan's capital Baku. The con...

Marine Logweb site
FEBRUARY 23, 2009
  • Efforts underway to free grounded tanker
  • Northrop Grumman names two more shipbuilding VP's
  • Pirates seize DryShips bulker
  • ACL extends credit facility

World Wide Shipperweb site
FEBRUARY 23, 2009
  • APL increasing rates for Asia-Europe trade
  • Korean lines link up on Intra-Asia services
  • Ship makes record pass through Panama Canal
  • Washington state sees growth in export numbers for 2008
  • Grand Alliance carriers bypassing Suez Canal

Lloyd's Listweb site
FEBRUARY 23, 2009
  • Shipowners ready to give UK tonnage tax a wide berth
    COMPANIES say uncertainty over rules have dented confidence in UK system.
  • UK rule changes 'stunting growth'
  • DVB predicts VLCC market is next to suffer significant downturn
    SECTOR in trouble as tonne-mile demand drops and "deluge" of 70 new tankers enter trades in 2009

Fairplayweb site
FEBRUARY 23, 2009
  • Excel's chief Molaris quits
    STAMATIS Molaris has resigned from his leadership of drybulk operator Excel Maritime, effective immediately, the company revealed today
  • COSCO to defy newbuilding drop
    COSCO'S boss, Captain Wei Jiafu, has told Fairplay he expects that at least 30% of newbuildings to be cancelled or delayed this year
  • Pirates seize Greek vessel
    PIRATES have hijacked a Greek vessel with its 22 crew off the Somalian coast, the IMB's piracy reporting centre told Fairplay today
  • Tanker rescues two adrift 40 days
    A BRITISH couple is safe and unhurt today after drifting on their yacht for 40 days in the Atlantic
  • Silver Wind arrest sought
    A CLAIM has been filed seeking the arrest of Eastwind's product tanker Silver Wind, currently moored in Tampa, Florida

The Journal of Commerceweb site
FEBRUARY 23, 2009
  • Grand Alliance carriers diverting Asia-Europe ships around Cape of Good Hope
    Hapag-Lloyd, MISC, NYK Line and OOCL re-routing eastbound vessels on EU3 service to avoid transiting Suez Canal
  • Maersk upgrades Asia-Europe
  • TUI may be forced to buy back more of Hapag-Lloyd
  • Maersk to raise trans-Atlantic rates
  • LA port set to receive electric truck
  • NYK to cut size of car carrier fleet
  • Hapag-Lloyd, German forwarders reach deal
  • Gulfport project to begin in April
  • Japanese air forwarders face fines
  • Texas ports receive grants
  • STB's Buttrey exits March 13

Containerisation Internationalweb site
FEBRUARY 23, 2009
  • GA re-routes EU3 around Cape and warns of more to come
  • Hamburg Sud and MSC combine to cull capacity Asia to Mex/WCSA
  • Hapag-Lloyd backtracks on FACs
  • Somalian pirates seize bulk carrier
  • Maersk looks for GRI on transatlantic trade

TradeWindsweb site
FEBRUARY 23, 2009
  • Molaris quits
    Stamatis Molaris resigns as CEO of Excel Maritime Carriers less than a year after takeover of Quintana.
  • Euroseas in red
    Impairment charge on Ionna P pushed US-listed bulker and containership owners into $22.6m loss, but growth opportunities are ahead.
  • Deadline ahoy!
    There's two days 'til the end of the show; Not yet done one? Then go, go and go! Five fun lines if you please; One, two, five rhyming with ease; And three and four too, as you know.
  • Silent capture?
    Crew of seized DryShips bulker may have failed to spot pirates boarding as alarm raised too late.
  • GulfMark to sell?
    US offshore player mulls vessel sales as it prepares for the impact of low oil prices.
  • Piracy's shadow
    Industrial Shipping Enterprises boss discusses pirate motives and what should be done.
  • DryShips lifted
    Oppenheimer analyst lifts rating on George Economou-led owner as equity offering reaches halfway point.
  • Cantor cuts Free
    Cantor Fitzgerald downgrades US-listed bulker owner FreeSeas after announcements of new charters.
  • After the seizure
    In WebTV interview, Industrial Shipping Enterprises CEO describes Biscaglia pirate ordeal.
  • Gulf two on block
    Perry Kennedy-led Gulf Offshore looking to sell standby rescue brace following market decline.
  • Diamantides deal
    Marmaras Navigation owner in out of court settlement of more than $40m claim over investment losses.
  • FreeSeas fixes
    Ion Varouxakis-led Greek bulker owner settles for much-reduced spot rates for handysize quartet.
  • Crew sentenced
    Nigerian court offers 13 Filipinos choice of jail or fine for handling stolen oil on board tanker owned by Panagis Zissimatos.
  • Polemis rebuffed
    Greek shipowner comprehensively denied leave to appeal key judgments in $700m battle over losses from high risk investments.
  • LaLa link
    New ro-pax service planned between Taiwan and China using Ocean La-La following opening up of direct sea routes.
  • Grindrod sells
    South African owner's domestic unit issues new shares worth 25% to two black empowerment companies.
  • 'Worse to come'
    Markets will deteriorate further before any recovery is seen, Cosco Corp (Singapore) warns as $40m provision cuts its bottom line by a tenth.
  • Loan stretched
    Michael Ryan's ACL extends loan with US banks for two years but ammount on offer will be progressively cut.
  • Home comforts
    Racing income from the Americas fires US offshore owner GulfMark to huge increase in fourth quarter profit.
  • Italian rescue job
    Brits saved by crew of Italian tanker after drifting powerless in mid Atlantic for over a month.
  • Nenaco wants out
    Philippines ferry owner believes it is ready to emerge from court-monitored financial restructuring.
  • Grand detour
    Grand Alliance sending eastbound service around the Cape of Good Hope in protest against high Suez Canal fees.
  • Erria losing
    Danish chemical tanker player expecting 2008 deficit of DKK 8m on currency losses.
  • Pilot present
    Cement ship had pilot onboard when it grounded off the UK on Monday, coastguard says.
  • Tuzla toll rises
    28-year-old worker electrocuted at Cicek shipyard as deaths continue to mount in Turkey.
  • Big black mark
    John Fredriksen's Seadrill to write down $810m in the fourth quarter as stake in rivals loses value.
  • SCI feeds east
    Indian state owner teams with Seaways to launch new east coast feedership service to Colombo.
  • Master blamed
    Captain of sunken New Star acted "extremely irresponsibly" and violated law, Russian ministry says.
  • BW Offshore sues
    Norwegian offshore player launches court action to recover Aussie FPSO development costs.
  • Yasa ship stuck
    Lightering effort to help refloat Turkish owned aframax tanker aground off the Texan coast.
  • Cotai chop
    Macau court halts ferry service from Hong Kong run by gambling tycoon Sheldon Adelson in tender dispute.
  • Passengers saved
    At least 149 people rescued from Philippines ferry that ran aground before dawn off Cebu.
  • Quay clash
    Cargoship damaged in collision in Wismar, Germany, after suffering bow thruster failure.
  • Trouble ahead?
    Fresh doubts surface over TUI's $5.85bn sale of boxship owner Hapag-Lloyd in tight credit market.
  • More rate rises
    APL and CMA CGM are the latest liner companies to set minimum rates for Asia-Europe cargoes.
  • Malacca hijack
    Piracy raises its ugly head in strategic waterway after two men kidnapped from tug and barge.

American Shipperweb site
FEBRUARY 23, 2009
  • CMA CGM 7th line to hike Asia/Europe rates
  • Grand swings Asia/Europe string around Africa
  • Maersk adjusts Asia/Europe services
  • Japanese logistics firms deemed air cartel
  • Turkish Airlines lands in Cargo 2000
  • LaHood favors tax on travel, not fuel
  • STB's Buttrey to step down in March
  • Grassi named Pacer director
  • Food aid groups lobby Obama
  • USDA chief: COOL goes forward
  • Obama warns against wasting stimulus dollars
  • Reversal: Hapag-Lloyd to continue forwarder payments
  • Forwarders seek support for FMC clean truck probe

The Scandinavian Shipping Gazetteweb site
FEBRUARY 23, 2009
  • Massive deficit in Hurtigruten ' capital injection secured
    The Norwegian ferry/cruise owner/operator Hurtigruten ASA reports a NOK 686 million loss for 2008, a loss increase by NOK 458 million compared to 2007. The result is hit
  • Seadrill loses money
    Seadrill, controlled by John Fredriksen, lost USD 615 million on its investments in Pride International, Scorpion Offshore and SecureCrest in the fourth quarter, 2008. The share prices improved somewhat from
  • Russia opened fire at Chinese ship ' several are missing
    Russia and China have ended up in a sensitive political situation since Russian border guards opened fire at the Chinese owned cargo ship New Star last week. The vessel sank
  • Greek cargo vessel seized in the Gulf of Aden
    The Greek owned panamax Saldanha, 75,707 DWT, has been hijacked in the Gulf of Aden. The vessel, operated by DryShips, was seized on Sunday. A helicopter from the international navies

The Bunker Bulletinweb site
FEBRUARY 23, 2009
  • Trends in quality continue to cause concern
    DNVPS notes 'significant number' of operational problems where fuels met ISO 8217 specifications.
  • Europe: Bunker prices steady in Rotterdam
    But Southern Europe seeing more price movement.
  • Russia casts doubt over cause of spill
    Suspected bunkering spill from Russian warship yet to be explained.
  • Fishing industry 'healthy' thanks to lower oil prices
    Namibia's fishing industry has recovered from oil shock but fearful of falling demand.
  • Voyager expands sales team
    Demand for bunker payment solution increasing.
  • New physical supplier in Turkey
    Arkas Bunkering and Trading begins supplying in the Marmara region.
  • Asia: Busan bunker prices highest in region
    Tight avails push up IFO prices in Korea but Singapore prices tumble.
  • Iran oil firm seeks bunkering contractor
    Tender floated to choose a bunkering contractor for Iranian ports.
  • Indian refiner sells March-loading cargo
    Cargoes sold at narrowing discounts.
  • Titan warns its investors to 'exercise caution'
    Listed firm announces cancellation of guaranteed senior notes.
  • Two Singapore ships arrested over illegal fuel transfer
    Malaysian authorities impounded the ships after incident off Johor.

›››File
FROM THE HOME PAGE
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%)
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.
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
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
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
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%
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%
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
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
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.
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
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
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
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
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
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
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
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
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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