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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
10:14 GMT+1
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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
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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 annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
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Editor in chief: Bruno Bellio
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