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04 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
May 26, 2009
The Business Timesweb site
Shipping News
  • French base to fight pirates, guard oil lanes
    French Foreign Minister Bernard Kouchner said yesterday that his nation's first military base in the Gulf is an important step in international cooperation to fight piracy and safeguard crucial oil routes.
  • Rickmers Maritime sees higher Q2 income
    Singapore-listed Rickmers Maritime expects increased distributable income in its second quarter on the back of new vessels, with another three due later this year when it sees a gradual recovery in freight rates.
  • Sarawak ports handle less cargo in Q1
    Total cargo throughput at three Sarawak ports - Rajang, Kuching and Miri - experienced a drop of 23 to 40 per cent in the first quarter of this year.
  • Golden Ocean Q1 profit beats forecast, sees Q2 improvement
  • Berlian Laju to raise 592b rupiah in rights offer

Sched Netweb site
  • NYK and NileDutch to launch Asia-West Africa service
  • Maersk India-Europe ups rate US$100 June 1 - adds another $50 for pirates
  • Port of Seattle opens US$50 million double-berth container terminal
  • China Merchants' first berth in Qingdao to open by 2010
  • Economist: Recovery with 'go-go quarters, but not a lot of go-go years'
  • Canadian and Italian choppers foil pirate attacks on two ships
  • CEVA Logistics secures Shenzhen contract for Crocs in Asia
  • Containerships ties up more at Teesport, making it north Euro hub
  • Penang premier seeks federal help to build air cargo hub
  • Emirates revenue up 10pc, but profit down 72pc on shrinking demand
  • US bill helps Teamsters unionise FedEx, but fight moves to Senate

Exim Indiaweb site
  • Grand Alliance merges JCX & SCX services into one loop
  • APL to launch direct Vietnam to North America West Coast weekly service
  • Cosco leaves Evergreen to operate alone in Far East-MidEast loop
  • MoL, with PSX, offers similar service
  • Coscon extends rotation with two 725-TEU ships on HSH loop
  • MAERSK LINE, delays general rate increase on North America to Mediterranean/North Africa trade
  • Georgia Ports Authority welcomes COSCO to Port of Savannah
  • Port of Hamburg reports fall in cargo volumes
  • Hanjin to hike Asia-Europe rates in June & again in July
  • APM Terminals joins Bollore Group to build new Congo terminal
  • US Australasia Discussion Agreement hikes rates
  • UASC to implement PSS, RR from June
  • 5 more China ports participate in cross-straits shipping
  • Koper, Trieste & Rijeka offer promising Adriatic alternative
  • Shipping may get Rs 10K cr package, reveals Jt DGS
  • Higher freight & charter hire income swells Varun Shipping's PAT
  • Gati Coast to Coast launches Tuticorin-Colombo feeder with m.v. Gati Pride
  • More time for sugar imports likely
  • JNPT is 20 years young today
  • Kandla Port positioning itself to be global logistics hub
  • India Inc gives a Jai Ho to new govt
  • $ 5-bn trade finance corpus with RBI proposed
  • Pearl Harbour CT MD, T. S. Subrahmaniam, calls it a day
  • Reliance may move SC on Mumbai SEZ land issue

Marine Logweb site
MAY 25, 2009
  • Red ink at Gard

Lloyd's Listweb site
MAY 25, 2009
  • Order cancellations accelerate at China yards
    THE rate of newbuilding cancellations at Chinese shipyards accelerated sharply last month, while very few new orders are forecast.
  • Zhoushan shipbuilders fear impact of orderbook shortfall
  • Somali gunmen 'renounce piracy'
    A MASS apostasy by hundreds of hardened pirates is reported to have occurred in the northern Somali fishing port of Eyl.
  • Golden Ocean profits dip
    NORWEGIAN bulk operator Golden Ocean has reported a drop in first quarter profit after a bumpy start to the year, writes Craig Eason.

Fairplayweb site
MAY 25, 2009
  • Keppel shares soar on stake sale
    KEPPEL Corp shares rose a substantial 11% yesterday on hopes of a higher dividend payout following a lucrative deal to sell its entire stake in affiliate Singapore Petroleum Company to China's energy giant PetroChina
  • Cyclone Aila may hit Mongla
    MONGLA port in Bangladesh has been advised to stay on high alert as a precaution against cyclone Aila
  • Berlian Laju plans rights issue
    BERLIAN Laju Tanker has unveiled plans for a rights issue to shore up working capital
  • NYK back in West Africa
    NYK Line has teamed up with West Africa specialists Nile Dutch for operating anew service from Asia to West African ports
  • Bodies found, but search on
    SINGAPORE is continuing to search for the two missing crew of the tanker Vertex despite the discovery of two bodies near the vessel

TradeWindsweb site
MAY 25, 2009
  • Huge loss for Gard
    Norwegian marine insurer rings up $150m deficit as financial crisis knocks 26% off free reserve.
  • Golden loses shine
    Slump in sales slashes net profit at Golden Ocean but China single-handedly lifts bulker market.
  • Piracy renounced?
    Somali pirate group to give up the game and release ships after meeting in Eyl, BBC reports.
  • Close to zero
    Russia's Severnaya shipyard cuts first quarter losses to just $39,000 as revenues grow.
  • Norwegian escape
    Eide Marine heavy-lift ship avoids seizure in Gulf of Aden after Russian Navy fires on pirates.
  • Double salvation
    USCG rescues two women in separate incidents on Carnival and Star Cruises vessels off US.
  • NMDC selling
    United Arab Emirates dredger owner to sell $107m of interest-free convertible bonds.
  • Boxship sinks
    Indonesian vessel spills hundreds of containers before sinking after
  • Legal legend dies
    Maritime lawyer Nicholas Healy, founding partner of Healy & Baillie dies at 99.
  • Scrapping rise
    Prices firm as India, China and Turkey keep buying demolition tonnage.
  • Trafigura walks
    Nigerian court throws out cases against Dutch trader and releases cargo onboard Norden-chartered tanker.
  • Galeb sold
    Former Yugoslav leader Tito's yacht bought by city of Rijeka after falling into disrepair.
  • Black gold
    Keppel Corp to bank $457m profit from selling stake in Singapore Petroleum Co to PetroChina.
  • Port cull
    Romania's Socep to lay off more than half its workers at Constanta due to falling volumes.
  • Services merged
    Grand Alliance members Hapag-Lloyd, NYK and OOCL are combining two Asian services into one.
  • Ferry grounds
    Evasive action leads to Washington State Ferries' vessel getting into difficulty off US west coast.
  • Panama problem
    Bids for huge canal expansion project come in 35% over budget, source claims.
  • US lakers suffer
    US-flagged vessels working the Great Lakes have seen cargo volumes plummet due to the recession.
  • African return
    NYK makes return to West African liner trades in joint service with local niche operator NileDutch.
  • A bigger bite
    Indonesia's BLT to sell shares worth $58m as it continues to build up acquisition war chest.
  • Bodies found
    Singapore and Malaysian officials recover suspected missing crewmembers from fire hit tanker.

The Scandinavian Shipping Gazetteweb site
MAY 25, 2009
  • Sale of DFDS vessel failed
    DFDS Group announces that the sale of the cruise ferry Queen of Scandinavia has fallen through. The unofficial buyer who earlier signed a contract to buy the vessel for DKK
  • New vessel on Karlshamn route
    DFDS Tor Line has moved the ro-pax vessel Lisco Optima to the Karlshamn'Klaipeda run; the vessel will enter into service on 26 May. "The Lisco Optima has 25
  • Cruise vessels will cease pollution in the Baltic
    The European Cruise Council, which organises all major cruise operators with vessels in European waters, has decided to reduce the discharge of sewage and wastewater in the Baltic Sea. It

The Bunker Bulletinweb site
MAY 25, 2009
  • Meeting the demands of the Caribbean market
    PDVSA to take delivery of three new bunker vessels.
  • European bunker prices start week mixed
    Rotterdam prices falling but other ports see gains.
  • Bunker price rise hit Asia container line
    Analysts say Thailand's RCL is facing 'sizeable losses'.
  • Bunker prices weakening in most Asian ports
    But Busan sees IFO prices climb.
  • Maersk highlights cuts in bunker costs
    Shipping line better positioned than its rivals to deal with the 'wrath of the global economic crisis'.
  • Essar Oil offers June fuel oil cargo
    180 cst tendered for sale from the middle of next month.
  • Gwadar bunker delivery was 'partnership'
    Shipping agent worked with bunker suppliers to make first bunker delivery.
  • Tanker fire: Two bodies recovered
    Authorities in Singapore and Malaysia are trying to make positive identifications.
  • Keppel sells SPC to PetroChina
    The Chinese oil giant will acquire SPC for $1.02 billion.

›››File
FROM THE HOME PAGE
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 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
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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