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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
September 10, 2010
The Business Timesweb site
Shipping News
  • Bulk ship rates seen rallying on key routes
    FREIGHT rates for large dry bulk carriers on key Asian routes are expected to rally next week, analysts and shipbrokers said yesterday, as Chinese steel producers book iron ore vessels for fourth-quarter production.
  • Market looking good, says engine maker Wartsila
    SHIP and power plant engine maker Wartsila said on Wednesday a market pick-up still showed strength, but uncertainty was holding back decisions on large investment projects.
  • Oil contango doubles as bet is on 2011 recovery
    OIL traders are showing increasing confidence that the United States economic growth will rebound next year as they take advantage of the widening gap between current prices of crude and contracts for delivery six months from now.

Sched Netweb site
  • MSC off the hook, Khalijia 3 blamed for Mumbai ship collision
  • Maersk switches to low-sulphur fuel when in Hong Kong
  • NYK Line (Japan) Ltd changes name to NYK Container Line
  • Maersk cuts more than 20 TEU reefer ports as FEU rules the waves
  • Singapore's MCC adds Manila calls to PDR-Taiwan service
  • Singapore PM attends NOL's Chongqing service centre opening
  • Easement allows Korean container trailers into inland China
  • Bids expected on new Suez Canal Container Terminal channel
  • OWL office opens new office in Singapore
  • Nanning-Singapore Economic Corridor still at talking stage
  • Port of Houston handles million TEU in first half
  • Cargotec to supply 2 Kalmar E-One2 RTGs to IPM in Mexican Gulf
  • AAT August tonnage up 39pc, but transhipments show weakness
  • Air cargo back to halcyon days, but expected to weaken
  • Logwin launches pristine fashion AirTextainer in Australia
  • Delta, AirTran among airlines pay US$30 million to Atlanta

International Transport Journalweb site
SEPTEMBER 8, 2010
  • Turkish freight enterprises fined millions by competition commission
    The Turkish competition commission Rekabet Kurumu has imposed fines amounting to millions on three Turkish freight enterprises, for price collusion between 2006 and 2008. The firms...
  • Night Star Express certified as environment-friendly
    The German CEP company Night Star Express has been certified as compliant with the environment management standard ISO 14001:2004, after an audit was carried out by the German cert...
  • Gazeley leases logistics space to Magna subsidiary
    The global real estate developer Gazeley has gained a new tenant at its Karlsruhe-Kandel logistics park (Germany). The newcomer is the Magna Exterior & Interior group...
  • Panama Canal Authority and Antwerp Port Authority enter partnership
    The Panama Canal Authority (ACP) and the Antwerp Port Authority have signed a memorandum of understanding to foster commercial activity between the two authorities. The memorandum,...
  • Jorge Martinez joins TransNatur in Barcelona
    Jorge Martinez joined TransNatur at the beginning of September, as the general coordinator of its sea and airfreight departments for Spain and Portugal. He will be based at TransNa...
  • NYK Line to become NYK Container Line
    NYK Line (Japan) is set to change its name to NYK Container Line on 1 November, when business is transferred from Tokyo Senpaku Kaisha (TSK) to Nippon Yusen Kabushiki Kaisha. TSK's...
  • Global container volumes 2010 expected to be higher than 2008
    Global container volumes are expected to grow by 11.6% and reach 545 million teu in 2010, according to AXS Alphaliner's prediction. This would not only bring the figure to a greate...
  • No Globaltrans stake in VGK
    VGK, a freight operator spun off from the Russian Railway RZD, is set to remain a 100% subsidiary of the latter corporation. Negotiations concerning a stake in VGK for the logistic...

Marine Logweb site
SEPTEMBER 9, 2010
  • U.S. Marines free pirated ship
  • Rapp Hydema to suppy winches for Alaska Regional Research Vessel
  • Rolls-Royce power for LNG-fueled ferry

World Wide Shipperweb site
SEPTEMBER 9, 2010
  • Port of Coos Bay taps Kathy Wall as Marine Facilities boss/harbormaster
  • Panama Canal Authority celebrates launch of new dredge
  • Coast Guard Sector Columbia schedules open house for Saturday
  • Freight transport index increases during July
  • AAPA annual convention set for Halifax, Nova Scotia

Lloyd's Listweb site
SEPTEMBER 9, 2010
  • EU sanctions could hit NITC P&I cover
    Brussels sanctions on Iranian entities could prevent tanker giant from obtaining P&I and hull and machinery cover from its current providers
  • Caution the watchword on trade with Iran
  • Sanctions against Iran will hit Malta flag
  • Brussels throws in the towel on EU shipyards
  • Shipbrokers refuse to back Baltic central screen
    Non-compulsory broker nomination is the main concern
  • Mixed reaction to dry central screen
  • Eight piracy suspects seized as German boxship is freed
    At least eight piracy suspects detained as result of US Navy intervention
  • Standoff as Somali pirates board boxship
  • OSG's bullish outlook for product tankers called into question
    Arntzen's predictions of shrinking MR fleet are disputed, but LR1 outlook more...
  • Big ships recast dry bulk landscape

Fairplayweb site
SEPTEMBER 9, 2010
  • Container ship recaptured
    US MARINES this morning recaptured the box ship Magellan Star from Somali pirates in the Gulf of Aden, Fairplay was told
  • US river dredging rejected
    REGULATORS in the US have rejected a proposal to remove millions of tonnes of sand and gravel from the Missouri River
  • Pipavav shares leap on debut
    NEW SHARES in India's Pipavav port soared 25% today after the stocks were listed on the Bombay Stock Exchange
  • VLCC storage surge predicted
    CRUDE stored on VLCCs is likely to surge in coming month as traders wait for higher winter prices, an investment bank report said today
  • Recovery slows but trade steady
    RECOVERY from the global recession might be easing, a report from the OECD said today
  • US cracks down on liners
    THE US has ordered liner companies to submit meeting transcripts, in an attempt to address accusations by shippers' groups that the lines collude to push rates up
  • Pirate pleads guilty ' again
    SOMALI Jama Idle Ibrahim has pleaded yesterday to piracy, in his second such US conviction in two weeks

The Journal of Commerceweb site
SEPTEMBER 9, 2010
  • Seaway Grain Shipments Surge 51 Percent
  • Bulk Rail Volume Hits Second Consecutive Peak
  • NS Opens Heartland Corridor for Intermodal
  • Truckers May Seek Early General Rate Increases
  • Expert Insight: Trans-Pacific Trades and Pricing
  • Trade Deficit Shrinks to $42.8 Billion
  • Expert Insight: No Co-loading Allowed With This Contract
  • US Freight Index Rose for Second Month in July
  • Expert Insight: Differentiated Value Propositions
  • MSC Enhances California Service
  • FMC Tightens Oversight of Trans-Pacific Carriers
  • Indian Ship Agents Protest Collision Related Fees
  • Japan, India Reach Free Trade Agreement
  • Wal-Mart Shifts More Traffic to Intermodal

Containerisation Internationalweb site
SEPTEMBER 9, 2010
  • ISS creates Benelux management team
  • Antwerp and ACP sign MOU
  • Supply chain's 'centre of gravity' will move, warns conference
  • Crowley acquires Puerto Rican forwarder
  • Cool Logistics signs up Weng and Slangen

TradeWindsweb site
SEPTEMBER 9, 2010
  • Alterna seeks 'happy marriage'
    Alliance forged by Western Bulk and Connecticut-based private equity player may offer insight into inking $150m deal.
  • Ousted tug bosses cop a plea
    Executives at DRD Towing own up to charges tied to Mississippi smash-up between barge and Swedish tanker.
  • Two vessels in Red Sea scare
    Tanker Pacific aframax and Israeli boxship said to have been threatened by large number of pirates in Bab el-Mandeb.
  • Tipsy tanker master fined
    Norden-controlled chemical carrier detained in UK after pilot tips police to inebriated captain and ship defects.
  • Navibulgar ship free
    Chemical tanker hijacked in May on way to the breaker's yard released by Somali pirates, owner says.
  • Songa Saturn shifts orbit
    Arne Blystad-backed offshore outfit on the brink of forging deal for idle drillship.
  • Zacchello bids to get back on course
    Restructuring of companies hit by time charter market downturn moves into new long term phase.
  • US Navy frees Magellan Star
    US Navy secures release of German boxship boarded by pirates on Wednesday, nine pirates arrested.
  • Greek bulker held in UK
    Firodi Shipping handysize Feroi spent four days clamped at Tilbury after 24 deficiencies found.
  • Grieg grabs two more at Mipo
    Camilla Grieg-led owner confirms two of four optional contracts for open-hatch bulkers in Korea.
  • Pipavav port's shares up on debut
    Maersk-controlled Indian terminal enjoys stock rise of up to 27% on Mumbai debut.
  • Goa grabbing coast guard deal
    Indian shipbuilder in talks to carry out all repair and maintenance work on country's coast guard ships.
  • Olympic adds one at STX
    Stig Remoy-led Norwegian owner orders LNG-powered supply ship for construction in Norway.
  • Ashika four plead not guilty
    Tongan ferry disaster trial adjourned until October, with defendants facing up to 25 years in jail if convicted of manslaughter.
  • P&O axes 70 onshore jobs
    UK ferry giant targeting savings at its Dover head office, while pension scheme also being reviewed.
  • Globus sneaks a profit
    George Karageorgiou-led bulker owner back in the black despite smaller fleet than a year ago.
  • Ferry thieves drop a clanger
    Attempt to pinch cash machine from BC Ferries vessel in Canada meets a soggy end.
  • BWO wins Athena gig
    Norwegian offshore player scoops potential $500m contract to supply FPSO for North Sea.
  • Yujin interim profits sink
    Singapore small tanker operator suffers due to continued "difficult economic environment."
  • Delta boxship stuck in Russia
    Engine failure leaves German owner facing two weeks of repairs to Delta Hamburg.
  • Ekuinas ups Tanjung stake
    Malaysian government-linked fund lifts shareholding in domestic offshore vessel operator to 24%.
  • Suez Canal getting busier
    Transits and revenue up during August at Egyptian waterway, signalling continuing shipping recovery.
  • Cruise West cancels voyage
    Tight-lipped Alaskan line halts global voyage and prepares asset sales as part of mysterious restructuring.
  • US imports set to peak
    Trade body says inbound container volumes will be up 16% this month, but numbers now set to decline.

American Shipperweb site
SEPTEMBER 9, 2010
  • FMC chief vows focus on service contracts
  • Navy backs Jones Act
  • MSC merges loops to create Med/Calif. Link
  • Delta-Virgin Blue alliance gets thumbs down
  • Chinese inland waterways track vessel moves
  • Crowley buys Puerto Rico logistics firm
  • WFP deploys GT Nexus platform
  • Tanner heads safety and security at Kenco
  • FMC reviews 22 OTI license applications
  • Kramer named to L.A. port commission

The Scandinavian Shipping Gazetteweb site
SEPTEMBER 9, 2010
  • Chemical tanker hijacked
    The Malta-flagged chemical tanker Olib G has in all probability been hijacked in the Gulf of Aden. After a report from an undisclosed merchant vessel that a skiff was
  • Island ferry service to close down
    The ferry service from Fåborg to S'by on the Isle of Ærø will be closed down within the next years, as the ferry Søbyfærgen is due for a special survey

The Bunker Bulletinweb site
SEPTEMBER 9, 2010
  • Oil up on surprise numbers, economy
    Support holding prices above $75 per barrel.
  • Strong distillate gains in Rotterdam, Hamburg
    NYMEX showing small gains in early trading.
  • Supplies of 180 cSt material tighten in Fujairah
    Durban prices climbing.
  • Another LNG power vessel on order from STX
    Shipbuilding group has already delivered six LNG powered vessels and has five more on order.
  • Singapore fuel oil stocks jump to 16-week high
    Arrival of delayed arbitrage cargoes sees inventories swell.
  • Yujin bunker tankers 'perform well'
    Operating profit from four vessels climbs to $1.46 million in first half-year.
  • Bunker prices remain firm, surge in Busan
    Supplies in Korean hub 'very tight'.
  • New bunker trader at Dan Bunkering
    Joins bunker fuel sales team in Middlefart.
  • South Korean port faces tightening bunker supplies
    Local refiners 'restrict' supplies to prop up bunker prices.
  • WFS secures increase in credit facility to $800 million
    Credit facility modified to enable WFS and its subsidiaries to make 'any acquisitions' without prior consent of lenders.
  • Wärtsilä clinches deal to fit gas propulsion engines on LNG carriers
    Wärtsilä's 50DF engines offers flexibility in fuel choice and 'significant' operating cost savings.
  • O.W. Bunker launches physical ops in Uruguay
    Seeks to increase presence in key global regions, including South America.

›››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%)
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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