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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:13 GMT+1
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BRIEFS
July 27, 2009
The Business Timesweb site
Shipping News
  • New rules seen cutting fuel oil demand
    New regulations that will force the shipping industry to switch to cleaner fuel could snuff out nearly a quarter of European demand for fuel oil by 2015.
  • Ship brokers body backs central screen idea
    Freight derivatives brokers will support the idea of a central trading screen for forward freight agreements (FFAs) on the Baltic Exchange, a chairman of the FFA brokers' association said last Friday.

Sched Netweb site
  • CSAV Norasia to start Indus service, revamps Super Galex
  • Zim to call at Da Chan Bay Terminal One
  • Port of Ningbo box volume drops 9.3pc in June
  • Amsterdam container volume slides 40pc, transshipment up 2pc
  • Hyundai shipbuilders, Russia's United Industrial Corp team up
  • Deutsche Post DHL suffers 71pc second quarter profit loss
  • Southern Asia Ports Logistics and Shipping conference Sept 24-25
  • Redundant French workers barricade boss in airport office
  • Changi Airport Group buys stake in India's first airport city
  • All Nippon Airways resumes Tokyo to Shanghai Pudong service

Exim Indiaweb site
  • Wilson Sandhu Logistics revamps Wilson Pipeline
  • Container shipping to face rough weather in 2010, say analysts
  • Recession pulls down Europe's box shipping volumes by 20 pc
  • MSC announces rate restoration on India-E. Africa trade
  • Tobacco exports up
  • KPT zeroes in on XI Plan capacity target with 3 major projects
  • Rlys earns more from freight traffic in Q1
  • Tea shipments in full rakes could begin from Amingaon ICD
  • Pact on Trans Asian Rail comes into force
  • TCI net up by 35 pc
  • One-third of boxship orders deferred-report
  • Govt borrowing may raise interest rates-economists
  • PPP appraisal panel approves 1,400-km road projects costing over Rs 15,500 cr.
  • New FTP will offer export sops, stimulus packages will stay, indicates Sharma
  • India to stay among top 5 FDI destinations
  • Refunds swell direct tax collections
  • Scindia sees exports remaining static at 2008-09 level
  • US move to review export controls may benefit India
  • BoA to consider 5 SEZ proposals on Aug. 11
  • Nafed gets new Chairman
  • New high-tech steel silos set up in TN to store foodgrains

International Transport Journalweb site
JULY 23, 2009
  • Vopak expects Q2/2009 group operating profit
    Preliminary reporting on the first six months of 2009 indicates a robust group operating profit for the Rotterdam (Netherlands)-based company Vopak. The current expectation is...
  • UPS profits fell in Q2/2009
    UPS Inc, the world's largest shipping carrier and parcel operator, said that its second quarter profit plunged by 49% to USD 445 million, as sales slipped by 16.7% amid the ec...
  • Polar Logistics joins BDP Global Network
    Sweden-based Polar Logistics AB has joined the BDP Global Network, an alliance of small to medium-sized logistics firms. The network includes 18 companies from countries in the Asi...
  • Stena trying to cut price of newbuildings by 50%
    Stena-Line is trying to cut the price of two newbuildings ordered from Wadan Yards in Wismar and Warnem'nde (both Germany). The total value of the order comes to EUR...

Maritime Global Netweb site
  • Warships foil hijacking
  • More use of Scopic "likely"
  • Downturn and legal action hit Horizon
  • Matson boosts A&B

Marine Logweb site
JULY 24, 2009
  • Chouest to build 360 ft AHTS

World Wide Shipperweb site
JULY 24, 2009
  • CN temporarily pulls service at Vancouver, BC terminals
  • Rail freight traffic down during week
  • NOAA asks mariners to keep lookout for buoys
  • Panama Canal reports third quarter metrics
  • COSCON joins Evergreen in new China express service

Lloyd's Listweb site
JULY 24, 2009
  • Hapag-Lloyd asks for rates cut
    STRUGGLING German carrier pressing shipowners for hefty cut in charter rates similar to rescue package negotiated by CSAV.
  • Fears over LOF changes 'unfounded'
    CONCERNS about Lloyd's plans for the 100-year-old arbitration system are "unfounded".
  • Idle LNG ships costing owners $50,000 per day
    SOME of the world's most expensive vessels remain unemployed off the coast of Khor Fakkan.

Fairplayweb site
JULY 24, 2009
  • D'Amato files re-org plan
    ITALY'S D'Amato di Navigazione has filed a restructuring plan with the Court of Naples, a spokesperson has confirmed
  • US Congress urges $10 box fee
    US CONGRESSMAN James L Oberstar recommended a $10 per teu fee on every container moving through a US port to help address a $140Bn shortfall in transportation funding
  • Probe fallout pummels Horizon
    HORIZON Lines revealed deep second-quarter losses today, driven by both antitrust investigation costs and flagging demand
  • OceanFreight makes S&P moves
    OCEANFREIGHT has made a flurry of transactions, including the purchase of one Capesize and the disposal of another
  • CMB hit by volatile drybulk
    BELGIAN shipping group Compagnie Maritime Belge has been hit hard by a sharp drop in earnings from its drybulk unit, Bocimar
  • HHLA surrenders L'beck terminal
    HAMBURG container terminal group Hamburger Hafen & Logistik is giving up most of its operations in L'beck, the company announced today
  • Brazil ports minister joins waste row
    BRAZIL'S ports minister Pedro Brito has criticised those responsible for shipments of toxic rubbish that arrived earlier this month

The Journal of Commerceweb site
JULY 24, 2009
  • U.S. Promises Nearly $1 Billion for WTO
  • Government, Industry Promote Voluntary Standards
  • House Bill Adds Tax on Imports, Exports
  • TCI Profit Surges 35 Percent
  • Evergreen, COSCON to Launch China Service
  • Rail Jobs Fall in June
  • Longshoremen Endorse Trumka for AFL-CIO
  • Saia Loses $1.7M
  • FMC Assesses $748,000 in Penalties
  • Hamburg Box Stevedore to Sell Terminal
  • Brazilians Balk at Argentina's Import Restrictions
  • Knight Transportation Keeps Grip on Profit
  • Japan Warns against Buy American provisions
  • Tacoma Imports Plunge 35.5 Percent
  • CN Withdraws Port Vancouver Rail Service
  • Weak Volumes Hurt Horizon Results
  • Shippers Ask Senate to Temper Energy Bill
  • Air France-KLM Cargo Revenue Crashes
  • MSC, Hapag-Lloyd, OOCL Combine Atlantic Service
  • Con-way Reports $31.5 Million Profit
  • Ryder Profit Falls 64 Percent
  • DOT Weekly Stimulus Payouts Rise $91M
  • ABX Closes Wilmington Hub
  • BNSF Net Rises 15 Percent to $404M
  • China to Become World's Largest Exporter
  • NY-NJ Port Funds Truck Replacement

Containerisation Internationalweb site
JULY 24, 2009
  • What's in that container: hazardous cargo or toxic waste?
    Malcom McLean's 60-year-old concept of loading cargo into steel boxes spawned the globalisation of trade and arguably reduced the threat of war between nations that might otherwise have no mutual business interests
  • Temporary respite for ocean carriers
  • Zim swaps Spanish ports
  • Grim profits & outlook from logistics giants
  • Stock market rally continues

TradeWindsweb site
JULY 24, 2009
  • Duchess sold
    Numerous brokers say Ship Finance International has sold a single-hull VLCC for as much as $20m.
  • Italian owner files
    Michelle D'Amato's D'Amato di Navigazione has filed for court protection in Naples but says it's not insolvent or bankrupt.
  • Vale still busy
    Roger Agnelli-led iron ore miner said to be buying capesize from Grand Union for $20m.
  • Sale quashed
    Plug pulled on OceanFreight's proposed panamax purchase as seller's bank fails to 'lift conditions'.
  • Matson lifts A&B
    Oakland liner operator returns to profitability in the second quarter and sees volumes improve across all trade lanes.
  • Survey outfit dips
    WesternGeco suffers 51% drop in second-quarter operating income as marine revenue slumps.
  • Riga blast scare
    Acetone cyanhydrin leak from containers at the port of Riga leads to evacuation of nearby neighbourhoods.
  • Another crash
    Leaving the port of Santos months after collision, heavy-lifter Zhen Hua is involved in another.
  • Horizon drops
    Chuck Raymond-led owner sinks into the red in second quarter due to antitrust settlement and a relentless global recession.
  • Aeolos victory
    Embiricos tanker company wins another round in VLCC charter battle with Petrobras.
  • Greek buys cape
    OceanFreight takes another bulker off Bocimar and confirms departure of smaller unit Juneau.
  • Rubbish arrests
    Three men collared in UK over alleged illegal shipments of waste to Brazil freed on bail.
  • Heavy fall
    Korean shipbuilder HHI blames foreign exchange losses for big drop in second quarter profit.
  • It's quotes time
    London shipbrokers are clowning around and Swire feels the thunder downunder.
  • New5 in Numb3rs
    Spyros Laimos has $700m for new bulkers, Stolt-Nielsen takes three axed Eitzen newbuildings and Maersk gets huge windfall from UK tax man.
  • Hunting ringgits
    Dennis Ling's HUBLine targets MYR 124m haul from rights issue to bolster its balance sheet.
  • Cochin builds
    Indian port invites tenders to develop bunker and LPG terminal at Puthuvype.
  • Star's stinker
    Star Reefers' second quarter bottom line dives by two thirds due to rotten reefer market.
  • TOO rebounds
    Teekay offshore spin-off bags stronger first quarter figures despite falling revenue.
  • A step closer
    Sri Lanka to propose new ferry link to India at Asian transport ministers' summit.
  • Saved by swaps
    Teekay Tankers sees spot rates fall, but first quarter profit grows as interest rate deals boost bottom line.
  • Eight injured
    Passengers hurt as Norwegian ferry Smorbukk strikes Oslo quayside head on.
  • Sliced open
    Historic Austrian paddle steamer severely damaged in collision with river cruiseship on Danube.
  • Dung dong deal
    Grass greener in Vietnam where Thoresen Thai acquires French-owned fertiliser outfit.
  • Canadian cash
    Davie Yards wins more loans from government agencies to keep on building.
  • Brace yourself
    Pacific Shipping Trust warns low rates to cast shadow over boxship market for foreseeable future as it posts mixed results.
  • Asian express
    Coscon and Evergreen launch joint South-east Asia run with four 2,100-teu vessels.
  • Exchange gain
    Teekay LNG reverses first-quarter loss last year to post profit purely on better financial instruments.
  • Mixed results
    Chinese government official says the year's import figures will reveal a mixed bag of results.
  • Sabotage!
    Former workers at Poland's Szczecin accused of trying to wreck Qatari takeover by alleging "illegal activities".
  • Cautious approach
    Panama Canal boss predicts 'flat' year ahead but says waterway not severely affected by economic downturn.

American Shipperweb site
JULY 24, 2009
  • Drewry: Ship operating costs to fall in 2009-10
  • Horizon Lines: Loss reflects legal costs
  • Matson hit by lower container volumes
  • IATA begins e-freight effort in Japan
  • Cathay increases Saudi services, decreases others
  • Railroads want tax incentives to expand capacity
  • Con-way returns to profitability
  • BNSF profit up despite 26% revenue drop
  • Auto processing consolidated in Port Newark
  • Panama Canal: Fewer ships, less waiting
  • DP World says Vietnam terminal to open in October

The Bunker Bulletinweb site
JULY 24, 2009
  • Suppliers, buyers face firming fundamentals
    Both sides of the bunkering equation grappling with price rises as week ends.
  • European bunker prices end the week firm
    Rotterdam goes above $400 for the first time in 9 months.
  • Bunker rules will hit European fuel oil demand
    Stricter sulphur limits in European ECAs 'will boost fuel oil exports to Asia bunker market'.
  • Global average bunker fuel sulphur content still falling
    Only 23 out of 106,925 samples exceeding 4.50% sulphur in 2008.
  • Shipping could be targeted for funds
    'Seeds have been sown' for shipping to be seen as a source of revenue in global campaign to reduce GHG emissions.
  • Antarctic fuel oil ban on the way
    IMO committee approves proposal, formal adoption expected in 2010.
  • IMO adopts amendments to STS oil transfer regulations
    Rules apply to transfer of oil cargo at sea, but excludes bunkering operations.
  • Bunker prices surge in key Asian ports
    Tight supplies and rising fuel oil cargo values see Hong Kong bunkers up by $22 pmt.
  • Algeciras sees continued growth for bunkers
    Reports 11% bunker sales increase even as first-half total port throughout drops.
  • Supplier wins ISO certification
    Turkey-based Arkas Bunkering says certification shows its commitment to 'service quality'.
  • Double-hull lube barge first for Singapore
    Chevron to replace single-hulls by chartering two new barges from United Maritime.
  • Chimbusco Pan Nation opens office in Singapore
    Bunker trading has started, looking to expand operations.
  • China, Ecuador ink crude oil deal
    PetroChina will buy 2.88 million barrels of oil a month.
  • Sunken fishing vessel refloated
    Risk of an oil spill averted in Australian waters.

›››File
FROM THE HOME PAGE
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.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
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
Signed the final agreement on the contract of port workers
Rome
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
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
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
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
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
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.
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
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
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.
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
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%
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%
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
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
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
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
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
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
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.
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
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"
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
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
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
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
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
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
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%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
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.
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.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
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
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
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
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
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
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
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
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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