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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:07 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
SHIPPING
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
PORTS
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
PORTS
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
SHIPPING
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
SHIPPING
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
PORTS
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
MARITIME SERVICES
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
SHIPPING
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
PORTS
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
PORTS
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
PORTS
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
PORTS
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
PORTS
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
PORTS
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
SHIPPING
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
SHIPYARDS
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
PORTS
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
DEFENCE
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
ENVIRONMENT
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
SHIPPING
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
PORTS
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
PORTS
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
SEAFARERS
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
PORTS
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
TRANSPORTATION
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
INDUSTRY
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
SHIPPING
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
SHIPPING
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
MARITIME SERVICES
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
PORTS
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
SHIPPING
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
SHIPPING
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
PORTS
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
SHIPPING
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
PORTS
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
JOBS
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
PORTS
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
COMPANIES
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
PORTS
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
SEAFARERS
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
MOURNING
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
PORTS
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
MEETINGS
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
PORTS
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
PORTS
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
PORTS
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
INFRASTRUCTURE
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
PORTS
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
RAILWAY TRANSPORT
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
SHIPPING
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
PORTS
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
PORTS
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
MEETINGS
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
MARITIME SERVICES
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
FREIGHT TERMINALS
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
PORTS
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
PORTS
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
PORTS
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
PORTS
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
SHIPPING
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
SHIPPING
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
PORTS
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
PORTS
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
SHIPPING
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
PORTS
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
PROGRESS AND TECHNOLOGY
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
LOGISTICS
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
LOGISTICS
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
PORTS
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
LOGISTICS
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
COMPANIES
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
ASSOCIATIONS
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MARITIME SERVICES
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
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
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
MEETINGS
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
PORTS
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
SHIPPING
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
MEETINGS
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
SHIPPING
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
PORTS
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
INDUSTRY
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
PORTS
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
ASSOCIATIONS
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
INTERMODAL TRANSPORT
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
PORTS
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
SHIPPING
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
ACCIDENTS
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
PORTS
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
CUSTOMS
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
INDUSTRY
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
LOGISTICS
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
PORTS
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
PORTS
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
PORTS
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
FREIGHT TERMINALS
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
CUSTOMS
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
FINANCING
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
INTERMODAL TRANSPORT
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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