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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
June 10, 2010
The Business Timesweb site
Shipping News
  • Lower surplus of supertankers in Persian Gulf
    A surplus of supertankers competing to haul two million-barrel cargoes of Middle East crude oil shrank over the past week on stronger Chinese ship demand.
  • Dry-bulk shipping costs seen falling
    The cost of hiring ships to haul commodities such as coal and iron ore may fall as demand weakens in China, the world's biggest consumer of the materials, Arctic Securities ASA, said.
  • CMA CGM adding weekly Durban call
    French leading shipping group CMA CGM, headquartered in south France, has announced that it will add a weekly call in Durban, South Africa, from this Friday, in a bid to directly link South Africa to Asia.
  • Greek clients the target of Cosco Shipyard

Sched Netweb site
  • Hong Kong quarterly port cargo volume rises 20pc
  • MSC to levy wide range of rate hikes on most trade lanes
  • OOCL to levy CAF and fuel surcharge from July 1
  • Mega-newbuilds stream in as 14,000-TEU giant comes next
  • APL satellite technology tracks box temperatures worldwide
  • Fesco's Generalov named chairman of Russian shipowners union
  • Container movement normal after cargo chaos at Nehru Port
  • Geodis participates in Transport Logistic China Expo
  • St Kitts & Nevis International Ship Registry flags 1,000th ship
  • DHL gain Hong Kong quality certificate for wine storage
  • CEVA wins European cosmetics contract with Safosa
  • Cathay seeks long-range belly hold jets, avoids jumbos
  • Jade freighters to have Boeing's health monitoring system
  • Five airport clusters will form in China by 2020

Exim Indiaweb site
  • GL issues IMO-compliant norms for use of gas as ship fuel
  • CMA CGM partners Euromed to offer new programme for seafarers
  • Private investment is key to global trade growth-Widdows
  • Decision soon on imposing import duty on sugar
  • SAL/Sai-always there for new ports
  • Maharashtra govt drawing up comprehensive port policy
  • IATA reports 26 pc rise in Q1 global cargo volumes, projects $ 2.5 bn profits
  • Freighters picking up some shipping load
  • Rlys set to wean away 10 pc of road cargo volumes in 5 years
  • Quote TDS form number for tax refund-MoF
  • A thing called service
  • Nilekani to head experts' group for unique projects

International Transport Journalweb site
JUNE 8, 2010
  • IFC investing in GAC to support global oil operations
    IFC, a member of the World Bank Group, recently announced it is investing in the GAC Group to help the global shipping, logistics and marine services provider acquire new vessels t...
  • UPS expanding handling capacities in China and USA
    The US-based express service provider UPS has phased in two air hubs for parcel and freight handling. The USD 180 billion Asia Pacific hub in Shenzhen (China), which covers around ...
  • Deutsche Post DHL increases the number of training positions
    The German service provider Deutsche Post DHL is deliberately offering more vocational training opportunities for young people in this era of economic uncertainty. This year, the c...

Marine Logweb site
JUNE 9, 2010
  • Hornbeck challenges legality of moratorium
  • Crew abandons ship that escaped Somali pirates
  • New MD at Ulstein Power & Control
  • TrailerBridge reports improved credit ratings
  • Norway puts hold on deepwater drilling in new licensing round

World Wide Shipperweb site
JUNE 9, 2010
  • Port of Seattle Commissioners Ok ABC Fuels program extension
  • Genco Shipping boosting fleet with deal for five vessels
  • Coast Guard joins SeaRiver in Valdez oil spill exercise
  • Baltic announces purchase of three Handysize vessels
  • General Maritime plans to buy seven Metrostar Management ships

Lloyd's Listweb site
JUNE 9, 2010
  • Banks turn blind eye in bid to prop-up bankrupt KG funds
    Questions raised as banks are forced to provide guarantees for failing KG funds
  • Bigger role for banks as KG houses retreat
  • Investors keen to prop-up ailing German firms
  • Lloyd Fonds rescue deal raises questions over orders
  • Angelicoussis inks $480m order spree with Waigaoqiao
    Chinese yard wins deal to build two very large crude carriers and two ultra-capesize...
  • Almi adds to suezmax spree with deal for VLCC...
  • Georgiopoulos launches $886m swoop for Metrostar fleet
    Unveils $620m purchase of seven tankers and $166.3m acquisition of five bulker...
  • Navios Acquisition makes $457m tanker foray
  • UK study urges equal wages for foreign crew
    Government-sponsored review says British-flag ships should pay same rates to...
  • The need for caution

Fairplayweb site
JUNE 9, 2010
  • Peter G in Metrostar spree
    PETER GEORGIOPOULOS-chaired firms today confirmed three separate en-bloc purchases from Greece's Metrostar totaling $886.1M
  • GenMar closes Metrostar deal
    GENERAL Maritime confirmed today it will acquire seven tankers from Metrostar for $620M, which would increase its fleet by 50%
  • Seafarers held in Puerto Rico
    SEVEN Lithuanian seafarers are reportedly being held in custody in Puerto Rico on suspicion of pollution violations, despite their vessel being released
  • Pressure intensifies on BP
    BP IS under increasing fire because of new evidence that the Gulf of Mexico spill exceeds available containment capacity
  • UK study urges equal crew pay
    A BRITISH government report today recommended an end to nationality-based pay for seafarers on UK ships
  • Odense sells Lithuanian assets
    DENMARK'S Odense Steel Shipyard has sold its Lithuanian subsidiaries, the Baltija shipyard and the Baltic Engineering Centre, to Estonia's BLRT Grupp
  • US revises drilling rules
    THE US Department of the Interior has announced new drilling rules that should allow the resumption of some Gulf of Mexico drilling and production

The Journal of Commerceweb site
JUNE 9, 2010
  • Axion to Aid Norfolk Southern's Battery-Run Locomotive
  • TSA Nominee to Face Senate Grilling Thursday
  • DOT Stimulus Payouts Top $13 Billion
  • Transport Services Activity Grows in April
  • Maersk, Hamburg Sud Add Second Service String
  • Freightwatch, Qualcomm Aim to Fight Truck Cargo Theft
  • India's Container Traffic Jumps 21 Percent
  • Consumer Agency to Handle Goods Detention Notices
  • Logistics Cost Measure Fell to Record Low in 2009
  • Panalpina Adding Transit, Logistics Space in Dubai

Containerisation Internationalweb site
JUNE 9, 2010
  • NCC takes Ukraine to court
  • Spain starts Europe's summer of discontent
  • Panalpina steps into new Dubai facility
  • COSCON announces new PSS as shippers hit back at surcharges
  • Panama Canal awards dredging contract

TradeWindsweb site
JUNE 9, 2010
  • House that Georgiopoulos built
    Genco Shipping & Trading is the latest Peter Georgiopoulos-led outfit to make a move on ships linked to Metrostar.
  • D'Alesio sells supramax
    Italian owner offloads one of its three dry-cargo newbuildings after receiving surprise offer.
  • Baltic Trading inks bulker trio
    Peter Georgiopoulos' latest bulker brainchild Baltic Trading has forged a deal to grab three handysize ships from Metrostar.
  • First Ship Lease in bid to free vessels
    Singapore powner set to post $4.8m security to lift arrest of product carriers.
  • Owners are 'lambs to the slaughter'
    TEN chief Nikolas Tsakos warns 'sheepish' tanker owners not to shoot themselves in the foot with fresh orders.
  • Green six to join Seatrade Pool
    Oslo-listed owner places country class ships with world's biggest operator in a move which will help cut costs.
  • Fredriksen looking for buys
    Norwegian shipowner says he is on the lookout for an opportunity to pick up distressed companies.
  • Globus eyes post-panamaxes
    George Karageorgiou-led Greek owner spots arbitrage opportunities in larger tonnage but orderbook a concern.
  • 'Time for dry-bulk caution'
    But George Gourdomichalis spots opportunity in market volatility and long-term demand from Asia.
  • 'Prepare crew for pirates'
    Globus' Capt Ioannis Filippatos warns owners and managers not to let crew get lazy in face of ruthless pirates.
  • 'Foreign brokers welcome'
    Allied Shipbroking's George Daskalakis doesn't seen overcrowded market in Greece as owners go on ordering spree.
  • Genmar deal sparks divi slice
    Analyst says General Maritime's massive tanker spending spree could result in cuts to its quarterly dividend.
  • Djakarta Lloyd faces liquidation
    Struggling container line placed into "special care" by Indonesian government due to declining finances.
  • Long Beach starts dredging
    US west coast port begins $40m project designed to deepen channel and improve tanker discharging.
  • Sabanci: 'Delays, not cancellations'
    Yalcin Sabanci says the Turkish owner has delayed a number of capesizes and large tankers due to market conditions.
  • Genmar bags funds for seven
    Peter Georgiopoulos' General Maritime seals deal with Metrostar for $620m tanker transaction.
  • Severka set to be lifted
    Refloat plan being devised for sunken Russian nuclear waste ship.
  • SMBC arrests 5,900 Hanjin boxes
    Box battle heats up as US Marshals launch operation to seize $11m worth of containers leased by South Korean giant.
  • 'Greek social cohesion at risk'
    Economic gloom could decimate the fabric of Greek society but shipping still contributing, says George Gourdomichalis.
  • Rickmers rescue complete
    Singapore-listed Trust confirms axing of $920m purchase and resolution to loan issues.
  • Fesco earnings down by a third
    Russian container line reveals profit shrank by 35% in tough 2009.
  • Clubs differ on piracy issue
    Ole Wikborg of Norwegian Hull Club says some P&I outfits not helping owners of hijacked vessels.
  • NYK lines up $330m sale
    Japanese owner to offload shares in companies including Mitsubishi Heavy Industries to pay for newbuildings.
  • Acergy upgraded at Nomura
    Oslo and US-listed offshore player lifted to 'buy' at Japanese investment bank on future order prospects.
  • BLRT agrees to take over Baltija
    Estonian shipbuilder adds to Lithuanian presence with deal to acquire unwanted Maersk yard.
  • Yard worker dies after gas leak
    Thirty-two-year-old killed during tank cleaning of a vessel at Alang-based shipbreaker.
  • Hamworthy hails exhaust deal
    UK group wins "breakthrough" contract to supply four exhaust gas cleaning systems for new Messina ro-ros at Daewoo.
  • Lorenzo stronger in first
    Philippines containership player boosted by non-core operations to 31 March.
  • Hegemann focuses on offshore
    German yard group to merge Stralsund and Peene Werft as it seeks to specialise.
  • Footfalls rise for ferry group ICG
    Irish operator still benefiting from boom in foot passengers following Icelandic eruption disruption.
  • Fleet sales hurt Globus
    George Karageorgiou-led bulker owner sees profits shrink over 80% as disposals cut fleet in half.
  • Greece plots Cyprus ferry
    Greek shipping minister Louka Katseli wants to strengthen trade and cooperation with new service.
  • Samudera ups India capacity
    Higher cargo demands out of India's commercial capital prompt Indonesian operator to add tonnage.
  • Mitsubishi in price fight
    Japanese shipbuilder seeks cuts to steel prices amid fears rising newbuilding costs will kill off order interest.

American Shipperweb site
JUNE 9, 2010
  • Hamburg Süd, Maersk add Asia/ECSA string
  • Gurrad, former MOL executive, passes
  • AA Cargo hikes priority parcel weight limit
  • Canada's ground transport costs fell in March
  • U.S. shippers press for Ex-Im Bank resources
  • U.S., EU work to settle banana trade dispute
  • U.S. ag trade mission arrives in Iraq
  • CII expands tuna logistics to South Pacific
  • Panalpina opens Dubai hub

The Scandinavian Shipping Gazetteweb site
JUNE 9, 2010
  • Odense sells Baltija Shipyard
    Odense Steel Shipyard sells Baltija Shipyard (Baltijos Laivu Statykla) and Baltic Engineering Centre to the Estonian BLRT Grupp AS. In August 2009 it was decided to terminate the shipbuilding activities

The Bunker Bulletinweb site
JUNE 9, 2010
  • Prices firming in Rotterdam, Hamburg
    NYMEX showing gains of more than $2.5 in early trading.
  • Fujairah prices show little movement
    Durban prices firming.
  • Demand rise pushes crude prices higher
    Optimism returns to markets as oversupply concerns dissipate.
  • Andatee China Marine Fuel signs 10-year deal
    Company says it has the right strategy for 'rapid' expansion.
  • Odfjell using 'route optimisation' technology
    Group has 'saved $475,000 in fuel costs in 90-days' and 3,000 tonnes of CO2.
  • New bunker standard under renewed attack
    Chemoil says it will 'deal with the hand it has been dealt' but questions ISO decision making process.
  • Mid-week prices for IFO product generally soften
    Prices for IFO grade fall not more than $2 at major Asian ports on Wednesday.
  • Exxon Mobil sells end-June cargo at 'narrowing discount'
    Market in the Middle East getting tight, traders say.
  • Another FSL Trust vessel arrested for unpaid bunkers
    Two product tankers, previously leased by a Cyprus-based shipping firm, seized in a week.
  • Aegean takes delivery of newbuild for Greece
    Tanker deployed to Greece in a bid to meet 'strong demand for modern tonnage'.
  • Titan in new bid to reduce cash flow burden
    Its viability rests on the success of the new exchange offer - its third attempt at restructuring its existing notes.

›››File
FROM THE HOME PAGE
PORTS
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
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.
PORTS
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
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
SHIPYARDS
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
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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