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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
15:35 GMT+1
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BRIEFS
April 28, 2009
The Business Timesweb site
Shipping News
  • VLCC rates to jump as single hulls are scrapped
    The worst market for supertankers since the 1973 Arab oil embargo is setting the stage for prices to double by the fourth quarter as ship owners scrap ageing vessels and delay orders for new ones.

Sched Netweb site
  • Shanghai Port first quarter profit falls 28pc to US$107.5 million
  • Tung Chee-hwa sounds alarm over US carbon tax protectionism
  • Maersk named world's best, Asia-Europe's best and best greenie
  • Hebei Spirit officers free from jail, but held on bail as witnesses
  • Hamburg and Transport Logistics 2009 expects major China delegation
  • India's coastal long-haul box shipping '40-50pc cheaper than trucks'
  • Union Pacific efficiency up, but quarterly profit down 18pc
  • Norfolk Southern quarterly profit drops 39pc to US$177 million
  • CSX profit declines 30pc in first quarter to US$249 million
  • BNSF railway posts first quarter profit fall of 36pc to US$293
  • Air China Cargo takes first of three 747-400 BCF deliveries
  • DHL triples capacity with opening of US$6.2 million Taipei Gateway
  • Foreign express firms fear restrictions in new China postal law

Exim Indiaweb site
  • Caravel Logistics sets sail with coastal service
  • Domestic shipping remains in dire straits
  • MAERSK LINE announces Asia-Europe network improvements
  • CMA CGM to upgrade Asia-Med offer
  • US-flagged Maersk Line ships make transatlantic calls at Mobile
  • EVERGREEN LINE re-jigs rotation, shaves off a week on Asia-Panama service
  • HAMBURG SUD Group posts satisfactory results thanks to booming bulk operations
  • Hyundai & Team Lines launch another feeder from Hamburg
  • NOL announces appointments at the helm
  • LNG vessel named Energy Confidence
  • MSC adds Kaliningrad, Norrkoping port calls to Baltic feeder
  • C. C. Tung wins Lifetime Achievement Award
  • Pulses to be imported from Myanmar
  • Singapore remains the Number One container port
  • ABGKCTL handles longest vessel to date
  • Hamburg docks 11,356-TEU CMA CGM Andromeda
  • N. hinterland shippers to benefit from new Port Pipavav rail schedules
  • CONCOR to build own terminal at Rourkela
  • IT-BPO revenue to reach $225 billion by 2020
  • Rupa Bhaty exhibits for a noble cause

Maritime Global Netweb site
APRIL 27, 2009
  • Maltese-flag bulker hijacked
  • March recovery boosts Q1 throughput at Marseilles Fos
  • Ocean Jade owner and engineer plead guilty
  • Horizon Lines Q1 down, but not out

Marine Logweb site
APRIL 27, 2009
  • Cruise ship returns fire and pirates flee

World Wide Shipperweb site
APRIL 27, 2009
  • Port of Olympia wants input on commission compensation increase
  • Horizon Lines reports first fiscal quarter numbers
  • Maersk Alabama crewmember files lawsuit against employers
  • Puget Sound safety board calling for new candidates
  • Bellingham cruise terminal earns environmental rating

Lloyd's Listweb site
APRIL 27, 2009
  • Vago calls for debate over arming cruiseships
    MSC Cruises chief executive says there is need for industry-wide discussion.
  • MSC Melody uses firepower to repel east Africa piracy attack
  • Cruise shares take beating as swine flu fears grow
    CRUISE company shares down in early trading in New York on fears an outbreak could damage earnings.
  • Shippers on guard against box line bankruptcies
    POTENTIAL container line bankruptcies now on the "radar screen" of major shippers.

Fairplayweb site
APRIL 27, 2009
  • Cruise industry on flu alert
    THE cruise industry was in close contact today with the US Centers for Disease Control on the swine flu threat, but has yet to pull any ships from Mexico routes
  • Cruising continues Alaska retreat
    NORWEGIAN Cruise Line confirmed today that it would pull one of its three Alaskan vessels as a result of market conditions and high taxation
  • Flu tightens US port security
    CREW ON ships entering the US after calling in Mexico are getting closer attention today because of the swine flu outbreak
  • Pirates slain as tanker recovered
    COMMANDOS from Yemen reportedly freed a Yemeni tanker today, with five pirates killed and at least nine captured
  • MSC cruise ship evades pirates
    THE CRUISE ship Melody was headed under military escort today for Aqaba, Jordan, on its scheduled itinerary after the Panama-flagged vessel traded fire with pirates before escaping off the Seychelles
  • Petraeus urges arming ships
    GET 'SERIOUS' and arm yourself, US Army General David Petraeus has warned shipping
  • GulfNav profits shattered
    DUBAI'S Gulf Navigation reported today a first-quarter profits fall of 85.7% from the same time last year

The Journal of Commerceweb site
APRIL 27, 2009
  • Trucker Celadon Loses $2.1 Million
  • Truck Tonnage Falls Hard in March
  • Court Grants ATA's Clean-Trucks Injunction
  • Truckers Threaten Strike at Vancouver
  • Two Bills to Tighten Tax Laws on Toll Roads
  • Diesel Drops 2 Cents to $2.201
  • Shanghai International Port Profit Drops
  • "K" Line Forecasts 80 Percent Profit Drop
  • Heavy Cargo Service Defies Market Slump
  • European Shippers Oppose Liability Rules
  • LAX Freight Falls 20.8 Percent
  • Dissident Hedge Fund Sheds CSX
  • UPS May Furlough 300 Pilots
  • Optimism Grows Among Chinese Economists
  • CMA CGM to Add Japan-Mediterranean Link
  • China Bars Foreigners from Domestic Express
  • U.S. Chamber in China Warns of Protectionism
  • YRCW CreditWatch Goes Negative
  • Audio Interview: Geraldine Knatz, Executive Director, Port of Los Angeles
  • WABCO Lost $36.4 M in First Quarter
  • APL Volume, Revenue Drop
  • MOL '08 Profit Plunges a Third
  • Asia Air Freight Falls 21.6 Percent

Containerisation Internationalweb site
APRIL 27, 2009
  • Swine flu fears rock fragile markets
  • CMA CGM: Japan - Med direct
  • China and Taiwan in new deal
  • Maersk to 'concentrate' UK business at Felixstowe
  • Nordana starts intra-Mediterranean loop

TradeWindsweb site
APRIL 27, 2009
  • Focus on China
    Leading figures from the shipping world converge on Shanghai for the TradeWinds Shipping Energy conference 2009.
  • Swine flu fears
    Carnival stays firm with Mexico sailings as swine flu worries batter cruise industry stocks.
  • GulfMark sinks
    Profits fall at Houston offshore vessel owner after impairment charge, as the chief executive warns of utilisation pressure.
  • Crewman sues
    Maersk Alabama chief steward files claim alleging Maersk knowingly exposed seafarers to pirate dangers.
  • CSCL loses big
    Li Shaode-led boxship and bulker player sees prediction of large quarterly loss come true.
  • Replica junked
    All rescued off Taiwan after Ming Dynasty-era replica is reportedly struck by Norwegian chemical tanker.
  • PNSC clear-out
    Pakistan's national owner claimed to be scrapping seven of its 11 vessels by next year.
  • Profit plunge
    Taiwanese container line Yang Ming sees 2008 earnings slashed as financial costs mount.
  • Tianjin suffers
    The global economic slowdown and higher operating costs take their toll at Chinese port operator.
  • Strength restored
    Pirated tanker Stolt Strength en route to safety of Salalah after US Navy chips in bunkers.
  • Tanker trough
    Dubai's Gulf Navigation suffers 86% profit plunge in first quarter.
  • Costly cargo
    ACL facing CAD 25,000 penalty for each of seven stowaways found on board ro-ro in Canada.
  • Cruise missile
    Fire extinguisher explodes, turning into perilous projectile that injured cruiseship passenger in Florida.
  • Against the odds
    Port of Amsterdam benefits from demand for oil products and coal to post 7% growth in first quarter.
  • UK year-round
    Royal Caribbean set to base Independence of the Seas at Southampton year-round.
  • WW trades in
    Norwegian car carrier owner cashes in 5% holding in Korean venture Glovis for $78m.
  • Gas plan
    Mitsubishi Heavy, NYK, Mitsui eye tie-up with Russian yard group UIC to develop new large LNG carriers.
  • Aban shoots up
    Indian offshore player sees annual profit balloon despite impairment charge on charter termination.
  • Swedish sorrow
    Norway's Bergen Group wields axe at its Swedish yard Landskronavarvet, cutting workforce to just nine.
  • K Line declines
    Big Japanese player forecasts 80% profit plunge this year after weaker annual result to 31 March.
  • MOL expects less
    Japanese giant staring a huge drop in profit in current financial year as annual results falter.
  • Yemeni ships free
    Yemeni special forces storm and release hijacked tanker while another is freed as MSC cruiseship attacked.
  • Outlook gloomy
    Japanese giant NYK's annual profit slashed and there is worse to come this year as downturn continues.
  • Orders collapse
    Export ship orders at Japan's major yards are down nearly 50% on the previous fiscal year.
  • Titan tumbles
    Hong Kong-listed shipbuilder and shipowner slump to full-year loss due to restructuring.
  • STXPO fined
    South Korean shipowner has been fined in the US for illegal dumping of oily-waste at sea.
  • CSSC dives
    First-quarter profit slumps at Chinese shipbuilder despite higher sales as steel costs bite.
  • CSDC scraps
    China Shipping's Hong Kong subsidiary sends two handysize bulkers to the breakers yard.

American Shipperweb site
APRIL 27, 2009
  • South China shippers blast OOCL box seal fee
  • Petraeus to maritime industry: Get serious about piracy
  • Released Stolt tanker gets naval aid
  • Chinese postal law hinders express development
  • Cathay employees warm to voluntary leave program
  • European shippers raise alarm over Rotterdam Rules
  • Agility plans big acquisition in down market
  • China revises rules on used equipment imports
  • CBP to start broker self-assessment pilot program
  • Ahern: Broker license processing delays "unacceptable"
  • FMC reviews 2 OTI license applications
  • Riverside appeals Long Beach port project
  • AgTC satisfied with PNW ports clean truck plans
  • Port of Albany upgrades aging wharf

The Scandinavian Shipping Gazetteweb site
APRIL 27, 2009
  • Transatlantic axes 50 jobs
    Transatlantic has initiated negotiations to reduce its workforce by 50 employees. A final agreement with the unions is expected before the summer vacation period. The company recently reported a SEK
  • Independence of the Seas to be permanently positioned in Europe
    From 2010, The Independence of the Seas will be the first vessel in the Royal Caribbean International fleet to be employed year-round on the English market. She will have
  • Jobs lost at Landskronavarvet
    The hull builder Landskronavarvet in Southern Sweden, now owned by Norway's Bergen Group, has made 52 of 61 employees redundant. The reason is that an order failed to materialize as
  • Hebei Spirit officers acquitted but forced to stay in South Korea
    South Korea's Supreme Court has dismissed charges against the two Indian officers who were blaimed for the Hebei Spirit disaster, the worst ever oil spill in South Korean waters. The
  • Engine makers could lose orders worth EUR 2 billion
    Wärtsilä and Man B&W expects that they could lose orders worth in excess of EUR two billion when orders for new ships are cancelled, Lloyd's List reports. The two
  • Another two vessels attacked off Somalia
    A 31,000 GT German-owned grain carrier was hijacked at the eastern end of the Gulf of Aden on April 25. The 17-man crew are believed to be unhurt

The Bunker Bulletinweb site
APRIL 27, 2009
  • Horizon Lines forecasts lower fuel prices
    Q1 financial results ahead of internal expectations, despite $10 million net loss.
  • Low sulphur bunker prices firming
    Rotterdam sees tight avails for low sulphur product.
  • MOL annual profits hit by bunker costs
    Japanese shipping line says hedging deal stopped it benefiting from fall in prices.
  • US Navy supplies tanker with bunkers
    Vessel chartered to Stolt Tankers heads away from Somali coast.
  • ISO 8217 revision to address ignition and combustion
    Blending components behind problems associated with low sulphur fuel, DNVPS tells conference.
  • Moller-Maersk and Boeing working together on biofuels
    Shipping group wants to see if there are 'synergies' between shipping and aviation.
  • Bunker prices mixed in key Asian ports
    Singapore prices slip against background of poor demand.
  • IEA's lower demand forecast 'exaggerated'
    OPEC's Al-Badri unsure if fresh supply cuts needed; says crude could hit $60 by year's end.
  • Staff promotion and relocation at UBT
  • ENOC resumes offshore Fujairah bunker supplies
    ENOC Group Chief Executive speaks of 'ambitious long-term plans'.
  • Titan sinks into $200 million net loss
    Revenues down on end to oil trading business in Singapore last year.

›››File
FROM THE HOME PAGE
PORTS
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
ENVIRONMENT
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
COMPANIES
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
PORTS
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INDUSTRY
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
PORTS
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
COMPETITION
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
ENVIRONMENT
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
LOGISTICS
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
SHIPPING
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
PORTS
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
SHIPPING
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
SHIPPING
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
PORTS
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
SHIPPING
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
PORTS
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%)
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
EDUCATION
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
MEETINGS
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
MOURNING
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
SHIPPING
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
PORTS
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
LOGISTICS
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
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
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
PORTS
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
SHIPYARDS
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
SHIPPING
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
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
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
PORTS
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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