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22 February 2025 - Year XXIX
Independent journal on economy and transport policy
22:28 GMT+1
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BRIEFS
April 6, 2010
The Business Timesweb site
Shipping News
  • PSA net profit falls for second straight year
    SINGAPORE'S dominant port operator PSA used cost control measures to ride out last year's downturn, in the process slowing the fall in net profit to 6.1 per cent from a 46 per cent drop in 2008.
  • S Korean shipbuilders undervalued: brokerage
    South Korea's equity investors should 'take some profit' on shares of automakers such as Hyundai Motor Co and Kia Motors Corp after a rally and buy 'undervalued' shipbuilders, Mirae Asset Securities Co said.
  • S Korean navy in pursuit of Somali pirates
    A South Korean navy destroyer is pursuing a South Korean-owned oil supertanker believed to have been hijacked by pirates off Somalia's coast, officials said.

Sched Netweb site
  • Grand Alliance to relaunch suspended CCX transpacific service
  • Ningbo port to launch a direct service from Jiaxing to Japan
  • Liaoning ports up 20 per cent despite worst winter ice in 30 years
  • Irish Continental TEU down 25.7pc, but ferries only off 2.7pc
  • Neptune security says specialists needed to fight pirates
  • TransContainer to move 205,000 tons of pipes over next 12 months
  • Changi welcomes heavy-lift outsize carrier Transmile Air
  • Wuxi to start international all-cargo flight services
  • EVA Air reintroduces Vienna cargo service on demand growth

Exim Indiaweb site
  • Large logistics players bullish on tech investments, says Softlink survey
  • GE Shipping converts order for 2 Suezmaxes into 3 VLCCs
  • CKYH Alliance resumes fifth Asia-Europe service
  • Zim offers Far East, Africa, South America EC service
  • Safmarine withdraws from Far East-Europe trades
  • Wan Hai, Simatech & EVERGREEN LINE launch Sri Lanka-East Africa service
  • CSAV adds Xiamen call to Far East-South America service
  • Grand Alliance slow-steams, adds Vietnam call to SCX service
  • MAERSK LINE adds Vietnam to its slow-steaming, 14-big ship Pacific loop
  • MAERSK LINE to issue refunds for on-time cargo, fines for no-shows
  • DP WORLD Callao orders Kalmar equipment
  • Add 24 hours, says Drewry, after linking steaming with delays
  • Hutchison to run Fos 4XL; future twin-hub link to Rotterdam
  • Asia-Europe rates drop by $ 47-$ 60
  • Seaspan charters second 2,544-TEU ship to "K" Line
  • Iran added to high-risk list
  • Shekou CT welcomes 2 new services
  • Deora offers Kuwait stakes in Dahej & Paradip petrochemical projects
  • Kakinada port sets sail with new vision & vigour
  • Port Pipavav to get 'power'ful boost
  • Chennai Port weathers stormy seas to post 6.2 pc growth
  • Vizag Port breaks own throughput record in 2009-10

Marine Logweb site
APRIL 5, 2010
  • Dutch Navy frees hijacked containership
  • Northrop Grumman gets $17 million LSC mission package award
  • Pirates seize 300,000 dwt tanker

World Wide Shipperweb site
APRIL 5, 2010
  • Port Tracker report predicts box gains during summer
  • NYK-TDG academy students begin onboard training program
  • ATA backs DOT plan to battle distracted driving
  • Moorage reservations being taken at Port of Seattle's Fishermen's Terminal
  • Nominations being accepted for annual Connie Awards

Lloyd's Listweb site
APRIL 5, 2010
  • No fix on horizon for Australia's 'frustrating' coal terminals
    Rio Tinto facing record congestion and significan demurrage costs
  • VLCC attack takes piracy further offshore than ever before
    Samho Dream hijacked 900 miles off coast of Somalia
  • Two missing after gas carrier explosion
    Crew rescued from blazing LPG vessel on Yangtze river
  • PSA profits slump for second year
    Revenues fall in line with box sector contraction

Fairplayweb site
APRIL 5, 2010
  • Pirates attack Samho VLCC
    SAMHO Shipping has confirmed that its VLCC Samho Dream has been hijacked by suspected Somali pirates
  • Teekay trio sold to sibling
    TEEKAY Tankers announced today that it will sell 7M shares to fund three 'drop-down' tanker purchases from parent Teekay Corp
  • US box forecast moderates
    AMERICA'S containerised imports are expected to increase 10% in 1H10, according to the new Port Tracker survey released today
  • Marinakis buys Crude shares
    CRUDE Carriers chairman Evangelos Marinakis continues to buy his own company's shares, securing majority voting control

The Journal of Commerceweb site
APRIL 5, 2010
  • Diesel Tops $3 for First Time Since 2008
  • BNSF, CN Sell Track to Commuter Lines
  • CMA CGM Negotiating for $1 Billion Qatar Investment
  • Farrell Lines Adds Alliance Beaumont to Fleet
  • Retail Container Traffic Seen Up 8 Percent in April
  • Germany to Support Emirates Rail Development
  • Freight Shipping Reaches 18-Month High
  • DHL Completes Move to Leipzig
  • Tideworks Launches Terminal Operating System
  • FMCSA Readies Release of New Truck Safety Rules
  • GEFCO Expands in Brazil, Morocco
  • Globe Express Merges with Overseas Group
  • Port Nehru Upped Container Throughput in 2009
  • MISC Berhad to Open Agency in India
  • Hanjin Launches New e-Booking System
  • Growing Small
  • Taxes and Reported Freight Charges
  • The Greening of Big Brown
  • Steel Cuts a Swath
  • Highway Safety, Marine Style
  • Revisiting Kirby ' Shippers and NVOs
  • Maersk 'Audits' Its Billing
  • High in the Water
  • Keeping 'Em Moving
  • Trucking Aid Within Haiti
  • Planning Long-Term Relief
  • Transportation Health
  • Screening for Security
  • Cargo Liability's Supreme Challenge
  • Caring for Trucking's 'Orphans'
  • Replenishing Depleted Pensions
  • Filing Customs Entries? Do It Yourself
  • Visibility Into Compliance
  • DOT Aids Freight Rail
  • Ports Take the National Stage
  • A National Intermodal Shift
  • Armageddon Now?

TradeWindsweb site
APRIL 5, 2010
  • TNK preps public offering
    Teekay Tankers plans to issue 7m shares to fund the $168m purchase of a tanker trio owned by Teekay Corp.
  • DHT ups stock incentive anti
    Randee Day-led double hull tanker outfit lays out proposed employee stock benefits plan worth $2.7m.
  • Tromp trumps pirate blitz
    Marines aboard Dutch naval vessel launch swift operation to retake German boxship hijacked Monday.
  • US yard strike stings ACL
    Michael Ryan-led barge giant battles Jeffboat shipyard union over contract dispute as strike shuts US yard.
  • Pirates attack Torm tanker
    Armed gang hit but fail to capture Danish vessel in the Gulf of Aden.
  • Bulker rates set to surge
    Analyst says freight rates may soar as China's power plants hunt coal to satiate hunger for energy.
  • Fire rips through gasship
    Two Filipino crewmen are missing after an exposing on a Daiichi Tanker's ship off China.
  • Marinakis mops up more CRU stock
    Greek magnate takes post IPO spending on Crude Carriers shares past the $2m mark.
  • Great Eastern books VLs at HHI
    Indian shipowner switches twin suezmax order for a trio of VLCCs at Hyundai Heavy Industries.
  • Bulker breakup in the balance
    Ship aground on the Great Barrier Reef could still break up despite the immediate danger of structural failure passing, authorities say.
  • Pipavav readies $170m issue
    Indian shipyard reveals plan for huge 'preferential' equity issue.
  • TTA takes Petrolift stake
    Thailand's Thoresen Thai Agencies takes a near 40% stake in Philippines domestic tanker player.
  • PSA profits decline again
    Singapore terminal operator down for a second year as global economic crisis takes its toll.
  • TCC ties up Conti Harmony
    Scandinavian liner start-up has chartered its fourth ship with start of first service less than two weeks away.
  • MMM stung by $12m writ
    Beleaguered shipowner faces legal battle over unpaid loan which it lacks the funds to repay.
  • ICTSI bond issue raises $250m
    Philippine port operator's fund raising oversubscribed; funds set to go towards expansion and debt repayment.

American Shipperweb site
APRIL 5, 2010
  • Somali pirates bag VLCC
  • Hanjin launches new IT system
  • Ship aground near Great Barrier Reef
  • Senators criticize Borras DHS appointment
  • Paper scrapped for most BIS export licenses
  • Va. governor signs offshore wind energy bills
  • PSA: Road ahead "bumpy and uncertain"
  • N.J. officials use GAO report in dredging fight
  • State oil spill law struck down

The Bunker Bulletinweb site
APRIL 5, 2010
  • Canada ramps up efforts to protect Arctic
    Eight communities will be trained to increase oil spill response efforts.
  • Markets quiet
    Heavy fog in Istanbul causing delays.
  • Big price gains in Fujairah
    Most markets still closed for Easter holidays.
  • Russian yard to launch second bunker tanker
    Bunker vessel has been built for Bergen Tankers.
  • Singapore bunker prices spike
    Buyers across Asia sitting volatility out, while many Japanese suppliers wait for Singapore Tuesday prices to make proper offers.
  • Fuel leaking from bulker off eastern Australia
    State Premier calls for authorities to 'throw the book' at shipping company.
  • Operations Executive pleads guilty to corruption
    Shanker Balasubramaniam sentenced to eight month's imprisonment and fined S$90,000.
  • Anti-fouling convention enters into force in Singapore
    The AFS applies to ships registered with Singapore and vessels calling at the port.

›››File
FROM THE HOME PAGE
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
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%)
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.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
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
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
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
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
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%
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
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
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
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
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
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
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
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
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
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%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
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
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)
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
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
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%.
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
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
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
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
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
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
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
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
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
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
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"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
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
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"
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
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
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
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
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
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%
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
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
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
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
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
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
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
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
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
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
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
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
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"
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
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
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
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
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%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
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
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
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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