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23 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
June 25, 2009
The Business Timesweb site
Shipping News
  • Shipping sector more confident, says SSA chief
    The shipping industry is more confident about the second half of this year, as the downturn looks like it has bottomed out, newly re-elected Singapore Shipping Association (SSA) president SS Teo said yesterday.
  • Teekay CEO sees weak rates till Opec output gains
    Bjorn Moller, chief executive officer of shipowner Teekay Corp, expects rates to transport oil to be weak until the Organization of Petroleum Exporting Countries, which pumps about 40 per cent of the world's crude, increases output as the recession eases.
  • Pirates free ship for ransom - but leave body behind
    A Dutch ship and its Ukrainian crew was freed on Tuesday by pirates after a US$1.3 million ransom was paid, but rescuers found a dead sailor aboard the vessel taken six weeks ago off Somalia.
  • Pirates foiled in hijacking tug-barge in broad daylight

Sched Netweb site
  • US files WTO case against China over export curbs
  • Global box volumes expected to stay flat in second half
  • Guangdong trade down 21.8pc in first 5, widens in May
  • Vessel deliveries continue despite the capacity glut
  • APL's box volumes slide 21pc in May, FEU rates down 25pc
  • CMA CGM container fleet joins exalted million-TEU club
  • Cargotec receives two crane orders from Latin America
  • Quadriga selects Kuehne + Nagel for Europe delivery
  • JAL cuts flights from Tokyo to Beijing 19 to 14
  • Deccan 360 launches Dubai-India air cargo services
  • US Air Force to move fewer tent cities by air to cut costs

Exim Indiaweb site
  • With 45 new clients in 3 months, Softlink bucks the recession
  • Impact of global economic crisis on shipping & ports
  • Bharati Shipyard & ABG openly vying for control of Great Offshore
  • Freight forwarders' 3-day conclave in Goa set for grand opening today
  • Customs duty on 2,202 items from Singapore removed under CECA
  • Dumping duty on polypropylene imports from 4 nations mooted
  • VCTPL celebrating 6th anniversary tomorrow
  • 'Scenario analysis' makes India affluent in 30 years
  • Highway developers oppose new clause for bidding

Maritime Global Netweb site
JUNE 24, 2009
  • Ashland sells Drew Marine
  • "No cutting corners on safety" - Mitropoulos
  • Floating production market to rebound next year
  • Eastwind carve-up begins

Marine Logweb site
JUNE 24, 2009
  • Chiquita: Eastwind bankruptcy won't slow banana flow
  • Brighter prospects for floating production systems

World Wide Shipperweb site
JUNE 24, 2009
  • Port of Portland breaks ground on new Rivergate rail project
  • Kurz, Widdows to receive Admiral of the Ocean Sea awards
  • Navios plans to purchase four new Capesize ships
  • Everett Port Commissioner announces plans to resign
  • Operation Lifesaver adding new rail safety campaign

Lloyd's Listweb site
JUNE 24, 2009
  • Eastwind files for bankruptcy
    EASTWIND Maritime's travails have culminated in the New York shipping company filing for Chapter 7 bankruptcy.
  • Aries negotiates takeover by Fistes-led GrandUnion
    Nick Fistes and Michael Zolotas given 60-day exclusivity period to negotiate a reverse merger with Nasdaq-listed Aries Maritime.

Fairplayweb site
JUNE 24, 2009
  • Eastwind goes bankrupt
    NEW YORK-based Eastwind Maritime has filed for Chapter 7 bankruptcy protection, opting for liquidation versus restructuring
  • GrandUnion eyes Aries takeover
    PRODUCT tanker and container-ship owner Aries Maritime Transport is considering a deal that would transfer control to Greece's GrandUnion
  • US might require offshore data
    THE US Coast Guard wants to plug a hole in security rules by requiring advanced notice that vessels will be doing offshore work in US waters
  • S Africa storm rips vessels
    A STORM in South Africa has grounded at least two barges today, damaged a tug and nearly drove a bulker onto a rocky shore

The Journal of Commerceweb site
JUNE 24, 2009
  • 2010 Budget Rankles Waterways Council
  • DOT Awards $140 Million in Transport Grants
  • Eastwind Maritime Files for Liquidation
  • Toll Group Acquires Three Asian Businesses
  • Study Finds '07 Diesels Cleaner
  • Former EU Antitrust Chief Dies
  • West Coast Ports Seek Piece of Highway Bill
  • Etihad Airline Tabs Descartes for Cargo Processes
  • European Commission Weighs in Against Rotterdam Rules
  • Study Forecasts Long-Lasting Economic Damage
  • U.S. Steel Imports Drop in May

Containerisation Internationalweb site
JUNE 24, 2009
  • Fuel prices ease
  • BG at the Tees
  • Somali pirates kill seafarer: secure ransom
  • Transnet triumphs
  • More pain for Japanese exports

TradeWindsweb site
JUNE 24, 2009
  • More to fall
    New York shipowner Peter Georgiopoulos says shipping industry has a "long way to go" in the downturn.
  • Eastwind files
    Troubled New York-based owner files for Chapter 7 bankruptcy over more than $500m in debt.
  • Barger to drop
    American Commercial Lines expects second-quarter earnings to fall and issues $200m in notes.
  • Greeks swoop
    Michael Zolotas and Nicholas Fistes (pictured) pen deal to take control of Aries Maritime boardroom in pact involving the sale of three capesize vessels.
  • 'First of many'
    Eastwind bankruptcy is just the beginning of a series of insolvencies, says bearish shipping finance veteran Paul Slater of First International.
  • Flu hits Brazil ship
    A Transpetro tanker is released from quarantine off Argentina after crewman falls ill with swine flu.
  • Bulker saved
    Essar capesize towed to safety by Smit tug after losing power off South Africa in storm.
  • S&P booster
    Alan Marsh says recovery in dry-cargo sale and purchase activity has helped Braemar's balance sheet in the first quarter with full-year figures set to be "satisfactory".
  • "At the bottom"
    PIL boss SS Teo believes the liner sector has seen the worst, but warns over bunker price volatility.
  • Public service
    Listed shipowners in prime position to take over distressed assets with many deals brewing to follow Navios' cape coup, says top analyst.
  • ACM tanks up
    Johnny Plumbe-led broker sees rise in annual profit but warns of weaker revenues next year.
  • Still stuttering
    Falling ferry and container movements continue to hinder revenue at Irish Continental Group.
  • New Riga run
    Dutch operation HNCL launches service from Harlingen and Sweden to Latvia.
  • Paragon extends
    Michael Bodouroglou-led Paragon Shipping renews charters on another two of its bulker fleet.
  • Bharati builds
    Indian shipyard adds another 4.58% of Great Offshore's stock in takeover battle with rival ABG.
  • Credit crunch
    Sacked Sydney Ferries chief Geoffrey Smith tells inquiry he didn't know personal use of company plastic was banned.
  • Black Sea slump
    Russia's NCSP sees currency fluctuations take the edge off rising revenue in the first quarter as profit dives.
  • RCL refinances
    DnB Nor to lend up to $17.5m to Thai containership owner's Singapore unit.
  • A little short
    Ro-ro player Finnlines sells 90% of its share offering, raising EUR 33.7m to redeem bonds.
  • New CEO at SFI
    John Fredriksen's Ship Finance International has named finance chief Ole Hjertaker as its new chief executive.
  • Fancy a peek?
    New owner of QE2 to open up historic liner to visitors before refurbishment gets underway in Dubai.
  • Grandweld wins
    Dubai shipbuilder signs contract for three offshore vessels with domestic Humaid Badir group.
  • Navios soars
    Stock in Angeliki Frangou-led bulker player up on capesize deal and positive broker comments.
  • CNG shortlist
    Asian shipyards chase work for four compressed natural gas newbuilds for Vietnam project.
  • Loose lesson
    Princess Cruises told to tighten up after unsecured furniture injures passengers on rough South Pacific cruise.

American Shipperweb site
JUNE 24, 2009
  • European shippers "unconvinced" on Rotterdam Rules
  • Carriers implicated in Kaohsiung fraud volume case
  • Ashland to sell marine services unit
  • GAO: African aviation safety needs U.S. wings
  • New board lands at TIACA
  • Coyne expands service to Georgia
  • U.S., EU go to WTO over China raw material exports
  • GAO: Don't rush purchase of nuke detection equipment
  • Trade opposes Ex-Im Bank cutoff to Iran's energy sector
  • U-Freight begins construction in Shanghai
  • Newsome to lead S.C. ports
  • Port of Tampa to get new road link
  • Jacksonville port sells land to Keystone

The Scandinavian Shipping Gazetteweb site
JUNE 24, 2009
  • Samsø ferry arrives in Denmark
    The new ferry Kanhave has now arrived in Hou, Denmark, after a voyage from Piraeus, Greece. The ferry stopped at Gibraltar for bunkers, but managed to make the trip in
  • NOK 1 billion order to Havyard
    Havyard Group has signed a contract to build a Havyard 848 SMART AHTS type anchor handling tug supply vessel for delivery Q4, 2011. The buyer is Smart Shipinvest and the
  • Evergreen aims to scrap older units
    Evergreen Line plans to withdraw 31 of its older vessels from service due to overcapacity of container carriers worldwide. Units owned by Evergreen will be scrapped and chartered vessels will
  • Oslo Marine Group targeted in hostile takeover
    Last weekend, Russian military forces stormed two terminals owned by Oslo Marine Group (OMG), according to SeaNews.ru. They took over the area Western Terminal and the car terminal Oneka in
  • Skuld's reserves shrink
    The Norwegian P&I club Skuld reports that its financial result for 2008 shows a loss of USD 59 million. The year-end return on investments was a negative 14

The Bunker Bulletinweb site
JUNE 24, 2009
  • Ashland Inc to sell global marine services business
    Outlook for marine business and employees 'much stronger'.
  • Tropical storm disrupts Mexican ports
    But bunkering operations continue as normal.
  • Shipping company files for bankruptcy
    Bunker claims already lodged against the company with the same US court.
  • North European bunker prices bounce back
    In Southern Europe, bunker markets present mixed picture.
  • US gasoline supply grows, crude stocks fall
    Analysts warn pressure on refining margins could dent crude demand.
  • Tanker taking fuel oil to Fujairah
    Product shortages in UAE bunker hub draw fuel oil from Singapore.
  • UK port must 'maintain its strengths'
    Falmouth Harbor Commissioners say funding setback should not stop growth. Bunkering activity has been increasing.
  • Corruption could 'threaten growth' of Singapore bunker industry
    Senior official from Corrupt Practices Investigation Bureau says: 'We will not stop.'
  • Fuel oil terminal to add new dock
    Upgrade should be ready in less than two years.
  • Bunker prices rebound mid-week
    Fuel oil prices in Singapore up by $14 pmt.
  • Reports: Chemoil in talks to sell majority stake
    Marine fuel supplier may sell 51% stake to Glencore.
  • Offshore sales appointment at O.W. Bunker
    Copenhagen office in drive to develop sales into offshore oil and exploration industry.
  • Singapore Shipping Association backs bunker levy to cut emissions
    Taxes on bunkers 'more fair, practical, easier to implement and likely to be more transparent'.
  • Tropical storm halts bunker ops in East Asian port
    Tropical storm expected to hit Manila Bay area on Wednesday evening.
  • Box liners suffer record revenue losses
    Evergreen to scrap up to 31 of its ships with excess capacity blamed.
  • EU and OPEC call for regulatory reforms to stem price spikes
    Kuwaiti Oil Minister says no further cuts in September, but OPEC's al-Badri says 'it is too early to say'.

›››File
FROM THE HOME PAGE
PORTS
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
PORTS
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
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.
Last month the Port of Long Beach established its own new historical record of monthly container traffic, while ...
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
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
ASSOCIATIONS
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
LOGISTICS
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
INDUSTRY
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
ASSOCIATIONS
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
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
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› 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
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