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24 February 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
July 19, 2010
The Business Timesweb site
Shipping News
  • Thoresen Thai eyeing overseas expansion
    Thoresen Thai Agencies, Thailand's top dry bulk carrier, is looking to expand abroad into logistics and energy businesses as part of a diversification strategy to protect profits when freight rates fall.
  • UAE gives Seychelles a US$15m anti-piracy boost
    The United Arab Emirates (UAE) has signed a US$15 million deal to boost the Seychelles' coast guard and help the Indian Ocean archipelago combat Somali piracy.

Sched Netweb site
  • MSC increases rates US$600/TEU Asia-Caribbean August 15
  • Port of LA-Long Beach June figures up, empties' impact high
  • Global piracy down 20pc in first half of 2010
  • Exporters sweat over delays in box handling at Chittagong Port
  • US intermodal rail traffic is up 19pc in June
  • Schenker to open Nanchang station for solar panel firm
  • UN revisions to watchkeeping convention to be enforced
  • TSA refuses GAO plea for alternative screening plan as deadline looms
  • Emirates SkyCargo chief Ram Menen looks on the bright side
  • Russia to deliver 21 transport choppers to Afghanistan
  • Mining boom prompts Qantas to up Western Australia capacity

Exim Indiaweb site
  • Luxury liners facing tough new US regulations
  • UPS launches carbon neutral shipping in Asia-Pacific
  • Now, Baltic index at 14-month low
  • MidEast tanker surplus sinks hire rates
  • m.v. OEL Freedom sails into milestone of 300 voyages in Bay of Bengal sector
  • Australian cabotage wages hurting shipping
  • Overseas demand for cashew picking up
  • MMTC invites bids for imported pulses
  • Telecom devices imports curbed
  • JNPT gets coveted ISO 27001:2005 certification
  • 70 megaships handled in 6 months
  • MoS cracks the whip on all Major Ports
  • Vallarpadam ICTT geared up to make all the difference
  • Rlys hauls in more revenue from commodity-wise freight
  • Lohegaon airport awaits Customs nod for int'l cargo traffic
  • Amended Air Waybill comes into effect
  • Minister announces 3rd wagon producing plant for Bengal
  • August deadline for air cargo screening sparks fears again
  • Office-bearers of KPSAA elected
  • India's limited reliance on external factors pulled it thru slump-US Treasury Dept
  • CII to also focus on socio-economic causes
  • CII's BCI finds SMEs buoyant on growth prospects
  • Steel prices set to head north
  • Sugar stocks now adequate to fulfil EO-ISMA

Marine Logweb site
JULY 18, 2010
  • A Whale won't be part of Gulf response

Lloyd's Listweb site
JULY 16, 2010
  • Vinashin woes could hit Thoresen Thai orders
    Three vessels at yard at risk of cancellations
  • Vinalines buys 40 vessels to help prop up ailing Vinashin
  • Singapore maritime trusts look forward
  • Chinese yards facing flood of cancelled orders
  • Jobs freeze at UK maritime and coastguard agency
    MCA imposes cost cutting measures in response to spending cuts demand
  • Emergency cover ready as UK coastguards...
  • Supply problems driving current dry bulk slump
    Paragon Shipping boss believes market will rebound and fundamentals have not changed
  • How box shipping survived the slump
  • Schapiro to quit CMA CGM
    Chief financial officer to leave company at the end of August to pursue interests...
  • CMA CGM admits it underestimated box shipping...

Fairplayweb site
JULY 16, 2010
  • BDI bottoms out at last
    THE BALTIC Dry Index finally bottomed out today, ending its longest losing streak in 15 years
  • Glory Wealth loses appeal
    GLORY Wealth Shipping has lost a bid to overturn a $5.46M arbitration award in favour of North China Shipping
  • Spill crews hail high pressure
    TESTING of the new capping stack on BP's blown-out Gulf of Mexico well continued today to show positive results, with pressure readings reportedly increasing
  • Houston open despite grounding
    TRAFFIC in the Houston Ship Channel is moving normally today while US Coast Guard officials work to lighter a grounded tanker
  • Bremerhaven car exports delayed
    GERMAN car makers Daimler and BMW are predicting disruptions to their worldwide deliveries because of port capacity constraints at Bremerhaven
  • Teekay LNG raises more cash
    TEEKAY LNG today sold 1.7M common units to a private buyer, raising $51M for general corporate purposes, including potential vessel acquisitions
  • Doubt raised over ONE's future
    AN AUDITOR has voiced "substantial doubt" about the ability of Greek product tanker specialist Omega Navigation Enterprises to "continue as a going concern"

The Journal of Commerceweb site
JULY 16, 2010
  • Montreal Port Faces Longshore Strike
  • Goodwin to Replace Byrd in Senate
  • Port Newark Container Terminal Open Extra Hours
  • Pistole Announces TSA Priorities
  • USDA to Develop Container Reporting Project
  • Laredo Rail Disruptions Could Go into August
  • APM Plans Expansion in India
  • Security Panel Urges Repeal of Cargo Scanning Rule
  • CMA CGM Chief Financial Officer to Step Down
  • Cargo Soars at Montreal
  • J.B. Hunt Profit Doubles
  • EU Clears Geodis to Acquire Giraud
  • Antwerp Container Volume Climbs 16 Percent
  • US-Mexican Truck Traffic Still Snarled by Floods
  • Atlantic Expectations
  • Cyber Insecurity
  • Shipowners' Charter Party
  • Cash Inventories a

Containerisation Internationalweb site
JULY 16, 2010
  • Is misdeclared cargo an acceptable risk for ocean carriers?
    The dramatic pictures of the fire-stricken Charlotte Maersk in the Malacca Straits are another reminder of the inherent flaw of containerisation; subjected as it is to the risk of misdeclared cargo.
  • APM Terminals can make a difference in India
  • Hanjin officially opens terminal in Algeciras
  • US shipping activity weakens as economy slows
  • US retail sales shift to lower gear
  • Gulf Stevedoring automates its gates

TradeWindsweb site
JULY 16, 2010
  • Vinalines challenges market chatter
    Vietnamese owner tackles tales tied to Vinashin overhaul while fate of fleet hangs in the balance.
  • CMA CGM CFO calls it quits
    Shipping world reels as French liner giant's finance boss Jean-Yves Schapiro emerges as newest name in industry's executive exodus.
  • Vinalines tipped as bulker buyer
    Vietnamese shipowner linked to supramax splash as sources shed light on mysterious S&P deal.
  • Glory Wealth loses relet charter appeal
    Arbitration award of $5.5m to North China Shipping over wrongful early termination of bulker relet deal is upheld.
  • Dry dive over, at least for now
    BDI ends worst losing streak since the 1990s but is the pain just beginning?
  • Quotes of the week
    Ex-Paragon CFO Chris Thomas itching for a new gig and what does Paul the Octopus say on his index fingers?
  • NITC orders 'face lift'
    National Iranian Tanker Company takes on fresh title as independent operator combats Iranian link.
  • Burk warmer on wet shares
    Oppenheimer analyst says he is warming to tanker stocks after recent falls.
  • Antwerp adds 13% in first half
    Key Belgian port boosted by boxes and bulk as volumes rise.
  • Investors exit Celtic Tankers
    Shipless UK owner buys shareholders out after failing to find suitable replacement tonnage.
  • New5 in Numb3rs
    Four Clarksons brokers join former boss Richard Fulford-Smith at Platou while George Economou plots junk-bond bid.
  • Teekay Tankers grabs VL loans
    Bjorn Moller-led owner makes backdoor entry into VLCC sector in a move which will boost its dividend.
  • Teekay LNG targets $51m haul
    New York-listed shipowner turns to institutional investors to help fund new buys.
  • Opec slows summer pace
    Crude export growth to fall in month to 31 July as refineries start seasonal maintenance.
  • Knutsen tanker stranded
    Salvors attempt to refloat Norwegian owned chemical tanker that is aground in Houston Ship Channel.
  • Bonheur bashed in first half
    Fred Olsen's holding company hurt by weaker drilling and cruiseship revenues to 30 June.
  • Xiamen Port set to shine
    Chinese port says improvement in general business conditions will result in improved interim results.
  • Ferry hitch in Germany
    Helgoland vessel out of action with water-cooling system fault.
  • Hanjin linked to bond sale
    Korean shipbuilder eyes $50m issue in August to pay off other debt.
  • BWO inks Indo gas gig
    Norway's BW Offshore clinches 10 year deal for a gas FPSO for Indonesian offshore field.
  • New ferry project for Macao
    Chinese casino hotspot takes $188m gamble on third passenger terminal.
  • Sydney Ferries standing firm
    Aussie owner will not reinstate master sacked over brawl despite three court defeats.

American Shipperweb site
JULY 16, 2010
  • NYK ends providing chassis in some markets
  • FedEx settles over worker misclassification
  • J.B. Hunt: Demand up 'fairly dramatically'
  • 'DoubleStack' comes to trucking
  • COAC: Remove scan-all 'splinter'
  • DB Schenker moves to Frankfurt
  • Shipco offers Istanbul/New York LCL
  • Kent leads Panalpina's projects

The Bunker Bulletinweb site
JULY 16, 2010
  • Buyers market to end Americas week
    Market fairly quiet at most major ports, prices soften.
  • EU sulphur regulations to be harmonised with MARPOL Annex VI
    Sulphur limits to be given with two decimals, review will assess 1.5% sulphur limit for passenger vessels.
  • Prices end the week with losses
    Weak bunker demand in Piraeus.
  • Houston receives grant to cut diesel emissions
    Project to include use of lower sulphur fuel on 21 ocean-going vessels.
  • Prices show small movements
    Good bunker demand and avails in Durban, players say.
  • Russian fuel oil exports seen rising in July
    Over 40% increase predicted for exports from Lukoil's Vysotsk terminal.
  • Technology firms join forces on fuel monitoring
    Direct fuel flow measurement system combined with vessel monitoring software to help operators reduce fuel consumption.
  • Bunker prices end week soft
    Demand notably below average in Busan, local traders say.
  • BIMCO recognises potential of LNG as ship fuel
    Sees lack of 'usable supply chain' as main obstacle to wider use of the cleaner-burning fuel.
  • Two bunker tankers stricken by typhoon in Philippines
    Oil spill response team deployed to the area, says the Philippine coast guard.
  • SHFE proposal for new fuel oil specs awaiting approval
    New specs to clear up 'mess' within the domestic oil blending market.
  • Bankruptcy judge authorises sale of AHL tankers
    Vessels seized for non-payment of over $2 million worth of bunkers.
  • Brightoil to lease 10,000 mt more bonded storage
    To cope with 'increased business' at Ningbo 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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