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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
July 31, 2009
The Business Timesweb site
Shipping News
  • Box traffic at Malaysia ports up 10% in Q2
    Malaysian ports handled 10 per cent more containers in the second quarter of the year compared to the first, reflecting a recovery in both domestic and transhipment cargo, reported Malaysia's Business Times yesterday.

Sched Netweb site
  • Danaos sees recovery despite 35pc second quarter profit slide
  • MOL's CHS1 service to call at Shenzhen's Da Chan Bay
  • Capacity down 23pc in August on Far East to Europe routes
  • Hapag-Lloyd bailed out by terminal sale to its shareholders
  • Maersk hikes transatlantic rate US$400/TEU, $500/FEU September 1
  • Dongguan falls behind with 1.6pc GDP growth against 7.1pc China-wide
  • Shenzhen to ASEAN trade value slides 4.8pc in first half
  • Rizhao Riqing Container Terminal now runs weekly Dalian service
  • DHL starts Malaysia-US-China LCL ocean freight service
  • Salford Port to house multimillion intermodal hub
  • Since 9/11 high-tech nuke scanners not in place as old ones wear out
  • Air China to offer four weekly Chengdu-Taipei flights in September
  • Changi Airport Group buys stake in India's first airport city
  • Maximus operates seven weekly cargo flights for Etihad

Exim Indiaweb site
  • Battle for Great Offshore hots up
  • Global Shippers' Forum favours non-rate making liner pacts
  • Slow steaming makes more tankers available in MidEast
  • GAP Inc. to buy more Indian textiles
  • Asian nations now biggest buyers of Indian spices
  • Rice exports to Africa only by PSUs-Scindia
  • EU's certification rule & China's retaliation threat rock seafood exporters' boat
  • Southern & eastern ports now playing more prominent roles in ex-im trade-Jose Paul
  • Ports cited as engines of economic growth
  • New steel billet discharge record set at Vizag Port
  • Lufthansa to groom youth in forwarding & logistics
  • Govt to sell only small stakes in PSUs
  • Rate cuts by RBI would have spurred growth-India Inc
  • Banks have scope to lower lending rates-Subbarao
  • Minister's statement upsets AEPC & GAP Inc. India head
  • India stays on top with $ 52 m in remittances-WB report
  • 'Informal' Doha trade talks to be held in Delhi in September

International Transport Journalweb site
JULY 29, 2009
  • Gefco to open new depot in Brazil in 2010
    Gefco Brazil, the Brazilian subsidiary of the French logistics group Gefco, is set to open a new depot in north-eastern São Paulo (Brazil) in January 2010. Located in Garulhos...
  • Ryder reports revenues down 25%
    The US-based transport and logistics provider Ryder System Inc has reported that total revenue for Q2/2009 was USD 1.24 billion, down 25% compared with USD 1.66 billion for th...
  • Tapa establishes task force to combat freight crime in China
    The Transported Asset Protection Association (Tapa), a security organisation founded in the USA in 1997, announced the formation of a new anti-cargo crime taskforce for China (Cacc...
  • Cargoitalia postpones start
    Cargoitalia, a new Italian all-cargo airline, has finally received its Air Operator's Certificate (AOC) after a thorough inspection by the Italian civil aviation authority. The ent...
  • Cargolux Italia operational
    Italy's youngest cargo carrier, Cargolux Italia, has recently started operations. Its B747-400F flies the rotation Luxembourg'Milan Malpensa'Dubai'Hong Kong'Baku'Milan Malpensa'Lux...
  • CMA CGM, Hapag Lloyd, Hamburg Sud to combine services
    CMA CGM, Hapag-Lloyd and Hamburg Sud will combine two of their liner services into a new direct sailing between the east coast of South America and Northern Europe in August. The j...

Maritime Global Netweb site
  • Indian unions lobby for seafarers' release
  • Two more offshore vessels from Keppel
  • Chief engineer pleads guilty to oil record book offence
  • MSC Napoli salvage operation complete

Marine Logweb site
JULY 30, 2009
  • Committee approves LoBiondo bill protecting mariners' self-defense rights
  • GC Rieber bests Chouest's offer for Sea4
  • Davie Yards names new COO
  • House passes Coast Guard Acquisition Reform bill
  • OSG to take OSG America private

World Wide Shipperweb site
JULY 30, 2009
  • Oregon governor signs new transportation act
  • Port of Tacoma promotes two to director positions
  • New cell phone lot opens for Seattle cruise terminal users
  • Port of Tacoma nets funds for TOTE environmental project
  • Tidewater executive named to inland waterways board

Lloyd's Listweb site
JULY 30, 2009
  • Sharp rise in crew abandonment cases
    International Transport Workers' Federation says crew abandonments are once again becoming commonplace.
  • CSAV seeks extra $300m via new offering
    Chilean shipping group tells investors that it will seek to raise another $300m through a new equity offering.
  • Complacency still major factor in accidents
    MAIB warns of dangers of complacency and calls for action on shipboard deaths in enclosed spaces.

Fairplayweb site
JULY 30, 2009
  • DryShips hikes charter cover
    DRYSHIPS' second-quarter profits fell by 63%, but the company has significantly cut its exposure to future market weakness with heavy time-charter coverage
  • Finnlines stops 'burning money'
    FINLAND's Finnlines told Fairplay today that the company suffered a hefty loss for 2009's first half, but improvements are around the corner
  • Former Zim Asia chief on trial
    ALLEGATIONS of bad faith and breach of contractual duties are today being heard in the High Court of Singapore

The Journal of Commerceweb site
JULY 30, 2009
  • Senate Votes to Shore Up Highway Trust Fund
  • Pacific Carriers Announce Westbound Rate Hikes
  • YRC Loses $309 Million
  • FMC Drops Clean-Trucks Probe
  • GAO Targets 'Reincarnated' Motor Carriers
  • Rockefeller Pushes STB Oversight
  • Changi Buys Stake in Kalkota Airport Project
  • House Approves $7 Billion for Highway Trust Fund
  • Dutch Delay Dredging; Antwerp Frustrated
  • Rail Shipments Reach Four-Month High
  • Air France-KLM Grounding Four Freighters
  • KCS Returns to Profit, but 87 Percent Below Last Year
  • Port of Houston Extends Free Time
  • DP World Containers Decline 10 Percent
  • Tunnel Stake Sale Spurs CP to 2Q Gain
  • European Truck Maker's Profit Slides 95 Percent
  • YRC Worldwide to Release Second Quarter Results
  • Port Vancouver Holds Off Action against CN
  • NAFTA Trade Takes Record 35.4 Percent Dive
  • Kirby Profit Slides on Low Demand
  • EU to Penalize Chinese Steel Imports
  • Qantas Freight to Add Dallas Service
  • Lufthansa Cargo Loses $87 Million
  • S&P Downgrades Horizon Lines Debt

Containerisation Internationalweb site
JULY 30, 2009
  • Southampton crane collapse: precautionary advice to industry
  • Bunker prices volatile
  • DP World claims success
  • Benelux neighbours at loggerheads over Scheldt deepening
  • SCI's liners drag-down profit

TradeWindsweb site
JULY 30, 2009
  • DryShips beats
    George Economou-led owner sees profits sink by 82.4% in the second quarter but tops analyst estimates.
  • Horizon ratings hit
    S&P cuts credit ratings for containership operator Horizon Lines after financial profile weakens.
  • Deepwater defies
    Pride International suffers drop in second-quarter profits, but deepwater semis and drillships improve.
  • Genmar slashes
    Market conditions lead New York tanker owner to cut dividends by 88% beginning in the third quarter.
  • Sea4 swoop
    Sven Rong's GC Rieber makes $27m bid for control of Sea4, catching chairman Atle Bergshaven off guard.
  • CGG posts loss
    Restructuring costs and lower revenue push New York- and Paris-listed seismic vessel player into the red.
  • Dubai dive
    CEO Mohammed Sharaf warns declining throughput will lead to a fall in DP World's profit in the first half.
  • Genco tops bets
    New York bulker owner's profit falls less than expected, as five handymaxes enter Lauritzen spot pool.
  • Limarko goes cold
    Forecasted "robust" performance fails to show in first half as Lithuanian reefer owner sinks to loss.
  • Hornbeck hurting
    Impairment charges slash Hornbeck Offshore's second quarter bottom line as lay up of 18 vessels dents revenue.
  • Finnlines in red
    Slumping volumes hurt Finnish ferry owner with cost cuts not enough to buoy bottom line.
  • Trico beats Street
    Joseph Compofelice-led offshore owner returns to the black in Q2 despite an operating loss from its subsea unit.
  • V.Group fills void
    V.Ships parent appoints defence and security specialist Clive Richardson as its new CEO, Roberto Giorgi confirms.
  • Essar better
    Indian owner turns a small profit in the first quarter but currency reversals continue to bite.
  • Exmar posts profit
    Positive financial items the reason for swing from red to black in first half at Belgian gas ship player.
  • Great war
    ABG Shipyard lifts offer for Great Offshore, topping a bid tabled by rival Bharati.
  • Havila ahead
    Njal Saevik's Havila Shipping beats forecasts in second quarter as revenue races.
  • GE cancels
    India's Great Eastern (GE) Shipping has chopped its orderbook yet again.
  • Vale sees the light
    Brazilian miner posts massive drop in profit but highlights China's growing appetite for iron ore and coal.
  • Azuma at a loss
    Dry-bulk market slide sinks Japanese cement carrier owner in to the red but forecasts remain firm.
  • Mitsui stronger
    Japanese shipbuilder ups full year profit expectations after returning to the black in the first quarter.
  • DSME profit soars
    Stronger Korean won boosts bottom line at Daewoo Shipbuilding & Marine Engineering raided last week.
  • Oceaneering rises
    Profits are rising at US-listed offshore player Oceaneering
  • Genmar slumps
    Second quarter profits at Genmar tumble although company still up on overall results for first half.
  • Sasebo weaker
    Japanese shipbuilder posts lower first-quarter result and reiterates that year will be less profitable.
  • OSG goes Private
    Challenging times in Jones Act tanker trades forcing OSG to take US-flagged subsidiary OSG America private.
  • Ferry fire
    Fire has destroyed a small ro-ro ferry Pemba in Tanzanian port of Dar es Salaam.
  • New Gulf Nav CFO
    Gulf Navigation of Dubai has hired an oil industry veteran as its new chief financial officer.

American Shipperweb site
JULY 30, 2009
  • Evergreen hikes U.S. export rates
  • Maersk raises transatlantic rates
  • Crowley to manage five tankers
  • House votes to fill highway trust fund pothole
  • STB nominee pressed to be shipper's advocate
  • CP Rail earnings gain on tunnel sale
  • U.S. Bank, Visa form financial supply chain network
  • CBP picks 4 for Broker Self-Assessment pilot
  • West Coast forwarders denounce Oakland truck plan
  • Oakland, AMB start talks for near-port facility
  • S.C. port to export briquettes

The Bunker Bulletinweb site
JULY 30, 2009
  • Switching fuels cuts some emissions, little CO2 benefit
    Study compares emissions when using bunker fuel and distillate.
  • Bunker prices continue to slide in Europe
    Meanwhile Nymex shows more than $2 a barrel gain in early trading.
  • Bunker prices expected to remain volatile
    Liner operator looks to surcharges as profits plummet.
  • Algeciras restructures anchorage zones
    Port authority not expecting impact on bunkering volumes despite slightly less anchorage space.
  • Lower bunker revenue hurts John Keells
    Loss of Colombo bunkering monopoly continues to hurt profits.
  • Car carrier looks for fuel economies
    K Line's car carrier division is operating speed restrictions.
  • Crude drags Asian bunkers down
    Buyers returning to the market as bunker prices plummet.
  • Lines restructure and announce 'eco-speed'
    Three lines launch joint weekly service to rationalise capacity.
  • Shell reports 70% drop in profits
    CEO says: 'We are not banking on a quick recovery'.
  • Singapore distillate stocks rise to historic high
    Fuel oil stocks climb to a two-week peak.
  • ConocoPhillips Q2 earnings plunge 76%
    Softer oil prices and weak refining margins lead to lower earnings.
  • Shanghai bunker prices poised to fall
    Premiums to Singapore prices set to narrow on 'internal competition'.

›››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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