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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
13:15 GMT+1
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BRIEFS
November 19, 2010
The Business Timesweb site
Shipping News
  • Chinese shipbuilders to run aground in 2011
    China's shipbuilding industry, holder of the world's largest orderbook, will see dozens of small shipyards go under or get taken over next year, as a choppy wave of consolidation rocks an oversupplied market.

Sched Netweb site
  • Winter doldrums: CSCL, Evergreen to scrap transpac loop
  • MSC rate up US$480/TEU to USWC, $640/TEU to EC from Dec 15
  • China Merchants, Oakland set up cold chain for US perishables
  • UASC revises Far East-Europe AEC2 service
  • Eastern China trucking hit with diesel fuel shortages
  • New containership orders top October deliveries: Alphaliner
  • India port volume up 12pc, despite Mumbai ship collision
  • SITC and Dae Sun Shipbuilding sign newbuilding contract
  • Chongqing to build new road logistics centre
  • British customs anti-fraud powers 'could cripple 3PLs'
  • DP World shuts down cargo handling at Sydney's Port Botany
  • Savannah sparks no Corps objections to dredge to 14.6 metres
  • M+R Spedag Group celebrates 25 years in Asia
  • US container lessor Seacube third quarter profit doubles
  • DP World Southampton to rail high-cube boxes by April
  • HK General Chamber of Commerce backs HKG SME financing
  • Air France-KLM back in black, but fines trim profits
  • IATA tells Israel to abandon US, adopt global cargo norms
  • DHL opens value-added air cargo hub at KLAS in Penang

International Transport Journalweb site
NOVEMBER 17, 2010
  • United Seamen's Service presents 2010 Admiral of the Ocean Sea Awards
    The United Seamen's Service (USS) 2010 Admiral of the Ocean Sea Awards were presented to Thomas J. Bethel, national president of American Maritime Officers (AMO), and William A. Pe...
  • CMA CGM extends Black Pearl service to west coast of South America
    The CMA CGM Group is extending its Black Pearl service to the west coast of South America (Ecuador, Peru, Panama and Chile). This upgrade comes at a time when Dynamar's figures sho...
  • Hong Kong's MTL expects port of Taicang to boom
    The Hong Kong port operator Modern Terminals (MTL) considers the port of Taicang (60 km up-stream on the Yangtze River) to be something of a gold mine. MTL said that the hub is far...
  • Kerry Logistics opens new Hong Kong centre
    Kerry Logistics has opened the first phase of its 257,000 sqft product customisation and consolidation centre, which will target leading fashion and retail brands, in the Tai Po in...
  • Bolloré logistics activities doing well
    The transport and logistics activities of the French industrial and service corporation Bolloré returned to strong growth in the first half of 2010. The sales of Bolloré Logistics ...
  • US Postal Services registers massive loss in 2009/2010
    The US Postal Services made a net loss of USD 8.5 billion in financial 2009/2010 (to 30 September). The deficit last year had stood at USD 3.8 billion. Total operating revenues cam...

Marine Logweb site
NOVEMBER 18, 2010
  • WSF takes ferry experts advice, up to a point
  • Polarcus orders two seismic ships from Norwegian shipyard
  • Intersleek delivers for NSCSA

World Wide Shipperweb site
NOVEMBER 18, 2010
  • Upgrade project closing Port of Coos Bay Ice Dock
  • Trucking association backing FMC decision on BASIC scores
  • Gingerbread House contest set for Bellingham holiday event
  • Ceremony will mark opening of Coast Guard Base Seattle
  • Mitsui OSK Lines starting new Vietnam tugboat business

Lloyd's Listweb site
NOVEMBER 18, 2010
  • Crisis casts shadow over Irish ship finance plans
    Ambition to become major European force in ship finance hit as bailout speculation grows
  • Ireland's shipping traffic stabilising
  • Irish trade records some bright spots amid gloom
  • Team Lines 'not leaving' Irish market
  • Irish operators saddled with overcapacity
    Freight volumes not affected by economic crisis but shipowners still hit by...
  • Irish freight capacity up during recession
  • New VLCCs to face loss-making rates
    Vessels ordered in 2007-2008 unlikely to cash breakeven costs
  • Tanker owners left reeling as rates plunge
  • Worldscale holds back growth in tanker freight derivatives trading
    Dollar-per-tonne system seen as the way forward in widening FFA market's appeal
  • Cracks show in central derivatives screen...

Fairplayweb site
NOVEMBER 18, 2010
  • Top debt squeeze nears
    EMBATTLED Top Ships today reported profits for its latest quarter, but it remained precariously in breach of loan covenants
  • Delaware River dredging allowed
    A JUDGE has ruled that dredging of the Delaware River navigation channel can be completed, removing a potential barrier to a new Philadelphia port development
  • Dutch refloat death tug
    SALVAGE workers have refloated a tug that capsized in Rotterdam but have failed to find the bodies of its captain, owner Fairplay Towage said today
  • Arctic Sea six face prosecution
    THE INQUIRY into six men accused of hijacking general cargo ship Arctic Sea last year has reportedly been completed and handed over to Russian prosecutors
  • Torm unveils $26.7M in losses
    DENMARK'S Torm today reported pre-tax losses of $26.7M for 3Q10, from profits of $4.4M in the same period last year
  • Star Bulk trumps forecast
    AKIS Tsirigakis-led Star Bulk has revealed stronger results than expected, as its in-house management strategy cuts operating expenses
  • MAIB warns on workboat safety
    THE UK'S Marine Accident Investigation Branch has recommended better training for workboat crews involved in towing, after the death of a deckhand
  • Russian grain takes 38% hit
  • Seafarers stem stampede
  • EU-US trade surplus rockets
  • CSIC plans bond sale
  • France detains Chinese bulker
  • Brazil arrests 22 in smuggling
  • West Africa tanker rates firm
  • Oz projects set new record

The Journal of Commerceweb site
NOVEMBER 18, 2010
  • Daggett Blasts Panel, Defends ILA Worker's $400K Pay
  • Court Rules for BA in Cargo Cartel Suit
  • Drayage Companies Evade Clean-Truck Requirements
  • Rail Freight Intermodal Loads Grow 11.9 Percent
  • Cassels Discusses Ocean Carrier Deregulation (Video)
  • Gibson on Freight Derivative Market Concept (Video)
  • Truckers Renew Quest to Expedite Clean Trucks Appeal
  • SCI to Sell Stock to Buy New Ships
  • Georgia Governor Reported Using GPA for Private Business
  • US Leading Economic Index Climbs Slowly
  • Hapag-Lloyd Suspends Antwerp-NY Shuttle
  • Brink's Buys Mexican Secure Logistics Company
  • Container Ship Orders Grow First Time Since 2008
  • Air France-KLM Cargo Earns First Half Profit
  • MOL Sets Up Joint Tugboat Venture in Vietnam
  • Japanese Ship Orders Soar for 11th Month

Containerisation Internationalweb site
NOVEMBER 18, 2010
  • SIPG's Zeebrugge investment 'first step' in becoming global
  • USWC ports regaining transpacific market share
  • New look DFDS gains from acquisition of Norfolk Line
  • Ireland 'to get bail-out loan'
  • Multimodal connectivity 'problem' for China's shippers

TradeWindsweb site
NOVEMBER 18, 2010
  • How big is your bulker?
    Star Bulk Carriers boss Akis Tsirigakis answers age-old question as acquisition hunt heats up.
  • Vale threat to cape owners
    Influx of 'chinamax' bulkers could squeeze capesize players out of iron ore game, DVB report claims.
  • DryShips shares shine on stellar Q3
    George Economou-led owner sees its market value race on the back of "blow-out" quarter.
  • Top profit inches up in Q3
    Evangelos Pistiolis-led Top Ships sees its third quarter bottom line rise as it reveals a higher price for Dauntless sale.
  • Polarcus pens pair at Ulstein
    Favourable Norwegian financing pact fuels Middle Eastern seismic owner's $336m newbuilding splash.
  • Technip seals PDVSA deal
    French subsea contractor ties up offshore installation contract with Venezuelan energy giant.
  • Royal Caribbean sheds cruiseship
    French wing of US cruise giant waves goodbye to Bleu de France after rubber stamping $55m sale.
  • Diana Shipping dealt cape payday
    Greek bulker owner poised to pocket $47m after sealing five-year time charter.
  • Statoil fix to spur Sartor order
    Sartor Offshore plots newbuilding after securing long-term deal with Norwegian energy powerhouse.
  • Supply ship spills oil off Norway
    Risavika harbour closed after diesel leaks from Bourbon offshore vessel.
  • HSH still cutting losses
    Business improving at German shipping bank in third quarter, but restructuring costs dragged down net result.
  • One missing off Kenya
    Hope fading in search for crewman who tumbled from Pakistani tanker Faith off Mombasa.
  • 'Things can only get better'
    Torm boss Jacob Meldgaard reckons products tankers are at a nadir with shrinking orderbook to eventually buoy rates.
  • A third PSV heads for lay-up
    A Sartor-managed platform supply vessel is heading into lay-up due to dire rates in the North Sea spot market.
  • Boskalis boosts full-year forecast
    Peter Berdowski-led firm hikes profit expectations as Smit takeover continues to bear fruit.
  • Red ink runs at Torm
    Danish tanker outfit sinks to loss as management changes and lack of sale gains add to market woe.
  • Lorenzo reaps recovery rewards
    Philippines feeder operator pushes up both profit and revenue in first nine months.
  • Maiden mishap for Blue Ocean
    New Mumbai cruise outfit's first voyage ends with water entering cabins after vessel developed slight list.
  • Moody's no longer negative on NYK
    Credit ratings agency boosts view on Japanese owner from negative to stable on the back of improvements in its liner division.
  • SCI starts East Africa run
    Indian owner launching new boxship service from Colombo to Kenya and Tanzania.
  • Sweet sale for Bourbon
    French owner bags $46m after sprinkling off its shares in sugar producer Sucrerie de Bourbon Tay Ninh.
  • Dof PSV sale flops on funding
    Sale of second newbuilding to HitecVision falls flat after the buyer fails to secure financing for the vessel.
  • CSIC lines up huge bond sale
    Chinese shipyard group to sell CNY 5bn of notes with a one-year maturity.
  • ICG in demand warning
    Irish Ferries parent keeping eye on public spending cuts in UK and Ireland but boosts profit.
  • No jack-up joy at Northern
    Low utilisation and rates continue to dog John Fredriksen-backed offshore drilling company.
  • Dof tips stronger finish to 2010
    Oslo-listed shipowner says fourth quarter earnings will improve after a drop in Q3.
  • Incat lands LNG ferry contract
    Australian yard claims new ship will be first high-speed car ferry powered by natural gas.
  • SITC books three feeders
    Yang Shaopeng-led liner operator bolsters fleet with trio of newbuildings at South Korean shipyard.
  • UK issues workboats warning
    New rules needed for towing operations following death of UK deckhand when rope chain snapped in France.
  • MOL starts Vietnam tug venture
    Japanese giant teams up with domestic operators to capitalise on growth at Cai Mep terminals.
  • Boxship orders on the rise
    New containership orders are outpacing deliveries for the first time in over two years, says Alphaliner.

American Shipperweb site
NOVEMBER 18, 2010
  • Widdows: Oberstar bill 'not the way to do this'
  • TSA: Advance data, trusted shippers needed to secure air cargo
  • BNSF chief lauds Buffett ownership style
  • Industry draws Senate attention to waterways plight
  • Keller, Rooney look to chassis business
  • Food safety bill change riles produce industry
  • Transport executives expect sluggish 2011
  • U.S. stops faulty imported vehicles
  • FMC reviews 22 OTI license applications
  • MOL provides tug service in Vietnam
  • Correction: Businesses call for Charleston deepening

The Scandinavian Shipping Gazetteweb site
NOVEMBER 18, 2010
  • Electric car caused Pearl of Scandinavia fire
    It was an electric car being charged that caught fire on the car deck of the DFDS ferry Pearl of Scandinavia yesterday. It became clear shortly after the ferry arrived
  • Three more Danish coasters sold
    Another three vessels from the shrinking Danish coaster fleet are about to leave the country. The lAdriane (laid up in Svendborg since April 2009) has been sold to Dubai-based
  • Three Wallenius vessels reflagged
    Wallenius has begun the process of reflagging to Singapore. In June, the family-owned shipping company announced its intention to reflag seven vessels and this autumn, the first three ' the
  • Two yards fight over Russian icebreaker order
    There are now two yards left in the bidding process for a new 25 MW icebreaker for the Russian state-owned port group Rosmorport: United Shipbuilding Company (USC) in St

›››File
FROM THE HOME PAGE
PORTS
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
SHIPPING
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
CRUISES
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
PORTS
Signed the final agreement on the contract of port workers
Rome
COMPETITION
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
ENVIRONMENT
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
COMPANIES
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
PORTS
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INDUSTRY
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
PORTS
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
COMPETITION
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
PORTS
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
SHIPYARDS
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
ENVIRONMENT
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
LOGISTICS
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
SHIPPING
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
PORTS
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
SHIPPING
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
SHIPPING
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
PORTS
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
SHIPPING
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
PORTS
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
PORTS
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
SHIPYARDS
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
INTERMODAL TRANSPORT
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
SHIPPING
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
STUDIES AND RESEARCH
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
COMPANIES
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
PORTS
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
EDUCATION
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
MEETINGS
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
MOURNING
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
NEWS
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
ASSOCIATIONS
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
NEWS
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
SHIPPING
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
SHIPPING
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
PORTS
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
INTERMODAL TRANSPORT
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
PORTS
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
PORTS
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
PORTS
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
PORTS
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
LOGISTICS
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
COMPANIES
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
PROGRESS AND TECHNOLOGY
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
COMPANIES
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
PORTS
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
MEETINGS
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
COMPANIES
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
PORTS
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
PORTS
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
COMPANIES
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
PORTS
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
SHIPYARDS
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
SHIPPING
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
COMPANIES
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
PORTS
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
PORTS
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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