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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:29 GMT+1
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BRIEFS
May 25, 2009
The Business Timesweb site
Shipping News
  • Dry bulk shippers hope China will lead revival
    Just a year ago, on May 20, 2008, the Baltic Exchange's dry sea freight index - which tracks prices to ship commodities such as iron ore, coal, grains and cement - hit an all-time high of 11,793 points, driven by a seemingly insatiable hunger for raw materials among developing nations, especially China.

Sched Netweb site
  • PIL south east Asia service now calls at Fuzhou weekly
  • Cosco now calls at Savannah independently of CKYH Alliance
  • Long Beach to cut port budget 14pc to US$881 million
  • World trade volume shrinks 11.3pc in first quarter
  • ICTSI to run Brunei CT, posts 43pc quarterly profit decline
  • Archangel port first quarter results decline 15pc
  • Nigeria inland port scheme bogs down in red tape
  • Rotterdam port's rail transport breaks million TEU mark
  • TNT names ex-FedEx man to direct Hong Kong airport operations
  • Air France-KLM Cargo hit by loss of US$284 million
  • Atlas Air retains contract to transport Formula 1
  • Kansas City airport April cargo falls 29.3pc

Exim Indiaweb site
  • LNL to launch revamped India Africa Service
  • GAC & Alex Brundle celebrate early results in new FIA Formula 2 Championship
  • Jamaican Flag lures German vessel-owners
  • Sorensen quits as Group CFO of A.P. Moller-Maersk
  • 13 lakh tonnes of raw sugar to arrive by June-end
  • Dumping duty imposed on measuring tapes
  • SEAI team in S-E Asia to promote export of oilmeal
  • India displaces China to become second-lowest cost manufacturer
  • EU rejects shrimp consignment
  • 64,000 tonnes pulses to be imported
  • Edible oil imports expected to flare up
  • CoPT plans 'ro-ro' service to move boxes from RGCT to Vallarpadam ICTT
  • Railway Board sets tentative fiscal target at 875 m tonnes
  • Service providers within SEZs exempted from paying tax
  • Notification procedures to be speeded up
  • Exim Bank net up by 43 pc
  • RBI Governor for fiscal consolidation
  • Time right for economic reforms, assert experts
  • Leena Nair takes charge as MPEDA chief

Maritime Global Netweb site
MAY 22, 2009
  • Owners back Rotterdam Rules
  • Somali suspect pleads not guilty
  • DryShips secures debt deal
  • Containerships choses Teesport

Marine Logweb site
MAY 23, 2009
  • Engine supplier sues Bender

World Wide Shipperweb site
MAY 22, 2009
  • New Crowley heavy-lift barge launched from Gunderson Marine
  • Down weeks continue for US rail freight traffic
  • TOP Ships takes delivery of new product/chemical tanker
  • Port of Anacortes presents annual Port Partner Awards
  • General Dynamics nets deal to repair damaged submarine

Lloyd's Listweb site
MAY 23, 2009
  • Norway victims return to court
    VICTIMS of the Norway explosion in 2003 have returned to a US federal court seeking more damages.

Fairplayweb site
MAY 22, 2009
  • Pirates driven away from US ship
    SOMALI pirates reportedly attacked a second Maersk Line box ship today in the Gulf of Aden
  • Spanish yard violence erupts
    VIOLENCE erupted in Spain today over the inability of yard managers and workers to agree on pay and hours worked
  • Huge Shenzhen growth planned
    BEIJING plans to expand its Shenzhen economic zone to "a whole city", the official China Daily News has reported
  • Tit for tat in Russian spat?
    MOSCOW'S food fight with Cairo might be escalating, with Russian official seizing a shipment of Egyptian oranges at Novorossiysk's port
  • German inland hub plan unveiled
    GERMAN warehousing company Soltau Logistic Center plans for a €12M ($16.7M) inland container hub at its existing site
  • Cardy rejects criticism of MCA
    PETER Cardy, head of the UK's Maritime & Coastguard Agency, has responded firmly to allegations by ship officers that the MCA is "undermanned and demoralised"
  • Berlin to aid Wadan yard again
    GERMANY'S economy ministry said today the eastern yard Wadan Werft has received loan guarantees from the Berlin's economic stimulus package

The Journal of Commerceweb site
MAY 22, 2009
  • Tacoma Imports Tumble 33 Percent
  • State Scales Back Truck Rest Stop Closures
  • India's TCI Profit Fell 28 Percent
  • House OKs Bill Easing FedEx Unionization
  • NOL to Move to Phoenix
  • Reddaway Launches Four-level Guarantee
  • Hanjin to Launch Haiphong Express Service
  • House Panel Updates Recovery Spending
  • Small European Nations to Trade with Russia
  • Bill Bars State TWIC Alternatives
  • CO2 Emissions Drop Sharply
  • Labor, Airlines Look to Babbitt
  • Global Economic Contraction Slows
  • Legislation Would Ban Federal Highway Tolls
  • STB Rated Best Small Federal Workplace
  • DOT Officials Confirmed in Senate Flurry
  • Trinity Cuts Barge Work Force
  • British Airways Tumbles to Record Loss
  • Navies Team Up to Catch Pirates

Containerisation Internationalweb site
MAY 22, 2009
  • Why the 'negative' outlook?
    On Wednesday (May 20) the International Monetary Fund (IMF) gave the UK's government a glowing endorsement on its 'bold and wide-ranging' response to the global financial crisis. The effect was to give a spike to the markets and not least a confidence boost to the embattled UK consumer. But yesterday (May 21), credit rating agency (CRA) Standard & Poor's (S&Ps), lowered its outlook for the UK economy from 'stable' to 'negative' and warned that there was a one-in-three chance that it would lose its prized 'AAA' credit rating. Result: the FTSE 100 suffered its biggest one-day fall since April - plunging by 2.75%. In one negative statement fragile confidence was destroyed.
  • NYK and Nile Dutch to start FE/West Africa link
  • Armstrong provides health check on 3PLs
  • Hanjin and Sinotrans tap Vietnamese market
  • S&P warns of UK downgrade: UK & European stocks suffer
  • Containerships to hub at Teesport

TradeWindsweb site
MAY 22, 2009
  • Queen Lily bought
    Modern Japanese-controlled panamax goes to Greek buyers for $30.6m, brokers say.
  • ETA sells hull
    Emirates Trading Agency is said to have sold newbuilding kamsarmax to South Korean interests.
  • $33.8m for TMM
    Pemex reveals details of five-year charter of Mexican City owner's products tanker Tajin.
  • Vale shuttle flying
    Despite sharply reduced overall budget, Brazilian miner Vale sets aside $595m war chest for bulker acquisitions and COAs.
  • Maersk escapes
    Hijacking of boxship Maersk Virginia with 19 American crew thwarted in Gulf of Aden after Greek bulker is fired on.
  • $63m heavy loads
    Rig movements keeping heavy-lift specialist Dockwise busy with new contracts out to next year.
  • 'Pirates' nabbed
    Italian Navy detains nine suspects after failed hijacking of Maersk ship and Greek bulker in Gulf of Aden.
  • No more defaults
    Charterers no longer hammering down the door to redraw deals, says Excel CFO Lefteris Papatrifon.
  • Genmar rating cut
    Standard & Poor's lowers credit rating for New York tanker owner General Maritime over expiring time charters and lack of covenant cushion.
  • Greeks snap raid
    Pikey Navigation confirms armed attack on bulker Maria K which crew caught on camera.
  • Classic result
    George Economou wins security for claim over $300m capesize chartering deal with 63' company that went wrong.
  • It's quotes time
    Somali pirates get a good prison pampering and has LNG lost its mojo?
  • Still spending
    Yuddhishthir Khatau says Varun is eyeing second-hand offshore vessels despite difficulties finding employment in the North Sea.
  • Excel revs up
    Greek bulker owner sees first quarter profit buoyed by Quintana takeover, but non-cash items skew the numbers.
  • Postal pact
    China's Sinotrans sells off loss-making domestic express delivery service to joint venture with DHL.
  • IPO wait
    Taiwan's Yang Ming could still go ahead with public offering of bulker unit in two or three years, president Robert Ho says.
  • In demand
    Cosco and China Merchants both in talks to snap up stakes in Yang Ming's Kaohsiung container terminal.
  • Auckland aggro
    Ports of Auckland chairman Gary Judd says he was sacked after being accused of "unhelpful" behaviour.
  • Haiphong link
    Hanjin Shipping and Sinotrans are launching an express link between China, Korea and Vietnam.
  • Yards win work
    US shipyards Todd and Bender seal contracts to upgrade government icebreaker and two ro-ros.
  • Safe cancels
    Polys Hajioannou-led outfit cancels two newbuildings in South Korea and terminates three long-term charters.
  • Sharing the spoils
    Sevan secures FPSO deal which will see its pay based on the performance of the Shelley field as Premier completes Oilexco takeover.
  • SCI takes two
    Indian national owner takes a punt on a pair of chartered boxships at rock-bottom rates.
  • Mate's mistake
    Greek bulker's second mate failed to monitor vessel's course before it grounded off Australia last year.
  • Euroseas lays-up
    Aristides Pittas-led shipowner takes three boxships out of service as first quarter profits slump 75%.
  • Safe's profits rise
    Cash from early termination of charters helps push up profits at Polys Hajioannou-led outfit.

American Shipperweb site
MAY 22, 2009
  • Maersk ship escapes pirates
  • Drewry warns about dry bulk shipping outlook
  • Maersk delays rate hike
  • British Airways: Cargo industry should cut capacity
  • WFS to handle cargo for LTU in Miami
  • Freight interests aim to shape transportation bill
  • GAO: tighter federal freight rail security needed
  • U.S.-Canada talks set
  • Sen. Warner advocates manufacturing competitiveness
  • Baucus bill opens U.S. ag, medical exports to Cuba
  • Meat exporters seek more market access
  • Virginia port gets funds for Craney Island
  • Reports: Mainland firms interested in Taiwan port
  • Port Manatee allies with Panama Canal

The Bunker Bulletinweb site
MAY 22, 2009
  • Prices softer with stronger demand in major ports
    Suppliers report improving avails after tightness throughout the week.
  • European bunker prices lack direction
    Rotterdam market 'very quiet'.
  • New software for fuel consumption data
    Monitoring of vessel fuel consumption and efficiency has been enhanced.
  • Ships 'must become more fuel efficient'
    IMO's 'success' in reducing sulphur in bunker fuel confirms its role as global regulator, says ship operators' organisation.
  • Court orders sale of arrested ship
    Bunker trader that initiated arrest 'under no illusion' about getting paid.
  • Dry bulk sector faces tonnage glut
    Consultancy warns that rates will be weak for years to come.
  • Bunker prices weakening in Asia ports
    Singapore demand 'rather poor'.
  • New testing laboratory in Southern Europe
    Inspectorate expects Algeciras lab to open in September.
  • Bunker spill in Philippines
    Investigation underway to determine the source of the spill.
  • Singapore June term premiums firm
    Ex-wharf 380 cst premiums up slightly from May figures.
  • Bunkering, petroleum sales drag down Singapore Q1 trade
    Both domestic and foreign wholesale trade suffering.
  • 'No further cuts' at next OPEC meeting
    Exporters 'more comfortable' at $60 a barrel.

›››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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