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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
01:25 GMT+1
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BRIEFS
June 25, 2010
The Business Timesweb site
Shipping News
  • Tanker rates dip a 4th straight day
    The cost of shipping Middle East crude to Asia has fallen for a fourth consecutive day, the longest losing streak in almost a month, after an earlier surge in rates spurred charterers to delay bookings.

Sched Netweb site
  • CMA CGM, Maersk, MSC to launch China-Long Beach loop July 10
  • Hanjin Shipping receives first 10,000-TEU mega-ship
  • French transport workers stage one-day nationwide strike
  • Eco-partisans blast IMO's Hong Kong ship recycling scheme
  • Bulk carrying Diana Shipping continues to buy box ships
  • Idle containership fleet shrinks to 380,000 TEU
  • 'K' Line, Union Pacific beat the rap on inland liability
  • Qinzhou port throughput up 64pc in first four months
  • RCL and Simatech revive Straits-India-Pakistan service
  • Asian Shipowners Forum signs global anti-piracy petition
  • Evergreen box ship rescues Indonesians on raft in Java Sea
  • DHL starts rapid LCL service from Europe to America
  • UK waives US$260 million in back taxes on port businesses
  • South Carolina Ports forecast 7pc box growth
  • TIACA warns UK government against air policy change
  • Air cargo screening bites in August, short cargo cut off times vital
  • Uncoupling yuan from dollar would lighten Chinese airline debt

Exim Indiaweb site
  • Wilson Sandhu extends logistics reach
  • Maersk Line now more competitive than before crisis'CEO
  • Container prices soar to 20-year high
  • Spices exports race past 5-lakh tonne mark for first time
  • Oil & coal imports widening trade gap with Asean
  • No service tax in ports & airports
  • PPT to transfer control of fishing harbour to Orissa govt
  • Cochin Port TUs to boycott Israeli cargo & ships
  • VPT's earnings swell by Rs 60 cr.
  • Port corporatisation move opposed
  • Congestion surcharges at Chittagong port
  • Freight corridor project to get World Bank assistance
  • Now, entire box trucks are robbed!
  • Exports up by 34 pc in May 2010
  • Taxing questions hang over migrating SEZ units

International Transport Journalweb site
JUNE 23, 2010
  • Albacor Shipping hauls heavy Canadian freezers to Poland
    Albacor Shipping, a member of the Worldwide Project Consortium, handled the haulage of two cold boxes from the port of Robinson (Canada) to a site in Wloclawek (Poland). The cold b...
  • BDP awarded ISO environment management certification
    The 33 BDP International offices in ten countries in the Asia-Pacific region have received ISO 14001:2004 certification in recognition of the corporation's environment management s...
  • TNT investing in Asia road network
    TNT celebrated the fifth anniversary of its Asia road network by announcing further investment worth EUR 4.5 million. This brings total investments in the network to EUR 12.5 milli...
  • Port of Amsterdam connected to Betuwe route
    The port of Amsterdam will be connected to the Betuwe route, a dedicated cargo rail track to Germany and Europe, from this week. This shows that the port has efficiently expanded i...
  • Kombiverkehr back on track for growth
    The Frankfurt-based German company Kombiverkehr grew strongly in the first months of 2010, leading the firm to expect volume improvements of 7-9% for the whole year. The number of ...
  • Vancouver Airport Services acquires stake in English airports group
    Vancouver Airport Services, a leading global airport investment, management and development company that is jointly owned by the Vancouver Airport Authority and Citi Infrastructure...
  • Panama approves new canal passage price structure
    The cabinet council of the Republic of Panama has accepted a recommendation made by the Panama Canal Authority and approved modification of the Panama Canal price structure. The pr...
  • Containerised trade on the increase in the US
    The economy is recovering, according to Piers Global Intelligence Solutions. Signals of economic improvement have been observed in the surge in containerised US imports and exports...
  • APM Terminals receives safety award
    APM Terminals has won an award from Safety at Sea International in the management and operations category. The award, which is presented annually, recognised APM Terminals' safety ...

World Wide Shipperweb site
JUNE 24, 2010
  • Port of Seattle Commissioners Ok South Park Bridge support
  • Port of Tacoma warns motorists of Marine View Drive congestion
  • Support for anti-piracy paper expanding with new members
  • Port Angeles port board slams Wild Olympics expansion
  • US, EU nations sign new aviation agreement

Lloyd's Listweb site
JUNE 24, 2010
  • IRISL ships face Europe ports ban
    EU ready to impose blanket ban against company's ships next month
  • China scuppers IRISL blanket ban move
  • Bermuda sanctions put IRISL's P&I cover at risk
  • IRISL risks losing P&I cover again
  • Sanctions against Iran will hit Malta flag
    IRISL accounts for between 5%-10% of transhipment cargoes at Malta Freeport
  • Flag states voice fears over Iran sanctions
  • Wikborg Rein wades into Lloyd's Open Form debate
    Norwegian law firm says Lloyd's Open Form salvage arbitration system not oo the rocks...
  • Ousted salvage arbitrators sue Lloyd's
  • LCH.Clearnet to launch box swaps service
    Clearing house to start over-the-counter clearing service for container freight swaps...
  • Box derivatives traders plan clearing house...

Fairplayweb site
JUNE 24, 2010
  • Scorpio stung by profits fall
    PROFITS fell in this year's first quarter 57% year on year, Scorpio Tankers said today
  • Colombo signs CHEC in port deal
    A DEAL has been done between the Sri Lanka Ports Authority and the China Harbour Engineering Company to begin construction on the second phase of the new Hambanthota port project on the south coast in November 2010
  • Vietnam protests China island grab
    VIETNAM has sharply protested a Chinese tourism plan that would strengthen Beijing's claims to the islands making up the Spratly and Paracel Archipelagos
  • Pakistan seeks urea imports
    PAKISTAN has stepped up efforts to secure shipments of its 400,000 ton need for urea fertilizer, which will be spread on the upcoming winter season crops
  • Yen continues firm trend
    JAPAN'S currency continues to defy the consensus of opinion amongst analysts, trading for much of this week above the psychological "pain threshold" of 90 per US dollar
  • Energy crunch boosts Pakistan's oil bill
    PAKISTAN State Oil (PSO) has announced a need for 965,000 tonnes of fuel oil for July-September delivery
  • Keppel secures $39 million contracts
    KEPPEL Offshore & Marine Philippines and Singapore has won $39 million of contracts to build vessels for the Indonesian coal trades

The Journal of Commerceweb site
JUNE 24, 2010
  • FAA Pours $125 Million on Jet Fuel, Noise Technology
  • Asian Carp Found in Chicago's Calumet Lake
  • CSAV All-Water Loop Makes First Charleston Call
  • U.S., EU Sign Second Air Services Agreement
  • APM Terminals, Virginia Ports OK 20-Year Lease
  • FMC to Report Progress on Capacity Inquiry
  • Truckers Say Safety Program Needs Work
  • CP Signs Deals with Vancouver Box Terminals
  • Georgia Ports Authority to Repower Cranes
  • YRC Worldwide Reaches Out to Brokers
  • Container Lines to Launch Asia-Australia Service
  • Jones Act Waivers OK, Tanker CEO Says
  • Japanese Exports Surge 32.1 Percent
  • Cheng Lie Starts Three New Loops
  • Most Durable Goods Orders Increase on Manufacturing Growth
  • Boxship Supply, Demand Coming into Balance
  • Container Surge Presses Virginia Harbor Truckers

Containerisation Internationalweb site
JUNE 24, 2010
  • CP & DP World cosy up in Vancouver
  • NS gets green light to extend Heartland
  • Transpac service restored to meet cargo rebound
  • Port Metro Vancouver fighting back
  • Support grows for piracy petition

TradeWindsweb site
JUNE 24, 2010
  • Armada Singapore cited in NYC
    Long running COA battle lands on US shores as insolvent shipping outfit hunts $68m arbitration award.
  • Fairstar's appetite swells
    Dutch heavy-lift outfit ups the anti as it launches private placement just months after pocketing $9m from a cash grab.
  • Zodiac Maritime in demurrage victory
    Charterer ordered to pay $5m compensation for delay in loading capesize ore cargo at Brazilian port.
  • Opco's offshore drilling prophecy
    Opco's equity sage says Noble Corp's renegotiated rig deal could be a template for GoM offshore players.
  • Norden plots panamax push
    Danish owner looking to add around 10 panamax bulkers as vessel values and charter rates dip.
  • Tufton sheds Jinhui shares
    Oceanic Hedge Fund offloads $5m worth of stock in the Oslo-listed bulker owner.
  • Scorpio profit cut in half
    Emanuele Lauro-led tanker owner sees bottom line slump in three months leading up to its New York float.
  • Lines target Asean cargoes
    Taiwan's Evergreen and Wan Hai launch new boxship run linking China and Malaysia.
  • 'Timing not an issue'
    ACM boss Johnny Plumbe says there's no right or wrong time to enter dry-bulk market after Endeavour takeover.
  • Coscol asks investors to dig deep
    Chinese player set for big stock sale to fund MPP and heavy-lift newbuilding drive.
  • USC pulls St Petersburg yard deal
    Russian state shipbuilding group scraps deal to buy "over-priced" St Petersburg shipyards.
  • Chinese ship in scrap blaze
    Safety fears at Japanese port as Chinese general cargoship catches fires after loading cargo of scrap.
  • Keppel bags barge bonanza
    Singapore shipbuilder wins contracts to build three units for Indonesian owners.
  • Swissco takeover gets green light
    Singapore-listed C20 Holdings wins shareholder support for $125m takeover of offshore rival.
  • Share incentive for Nordic
    Danish tanker owner offers bargain convertible warrants to keep bosses and workers on board.
  • Wilhelmsen takes a dip on debut
    Norwegian owner sees its shares drop below its IPO price on first morning of trading in Oslo.
  • Yangzijiang is ready to roll
    Ren Yuanlin-led shipbuilder is pressing on with plans for a potential $115m second listing in Taiwan.
  • Arcadia wins NOR battle with AET
    John Fredriksen linked oil trader scores as appeal court rules on VLCC 'notice of readiness' dispute.
  • ACM expands in dry market
    Johnny Plumbe-led London shipbroker snaps up Australian outfit Endeavour in near $9m deal.
  • Marinette bags nine more
    US shipbuilder adds to big patrol vessel orderbook with new deal from US Coast Guard.
  • Fjord1 orders LNG-fuelled ferry
    Norwegian owner signs deal for country's biggest gas-powered ship at Fiskerstand.
  • Bergen to nail notes sale
    Norwegian shipyard group lining up NOK 300m bond issue to refinance existing loans.
  • Blues in Danube as ship grounds
    Turkish cargoship stuck near Tulcea, Romania, with cargo of scrap iron.
  • Tanker demand recovery remarkable
    ACM boss Johnny Plumbe says tanker market is in a much healthier position.
  • CMA CGM restores link
    French liner group capitalises on improved trade volume and brings back China US service.
  • ACM hikes divi despite dip
    London-listed broker jacks up shareholder payouts by over a tenth despite 24% slump in profit.
  • Essar plots big bond issue
    Indian shipping and ports player to fund expansion with sale of convertible notes.
  • TCC will make a winning start
    Scandinavian liner start-up says cash flow from Great Dragon Service is covering operating costs.
  • Fugro in Oakwell order
    Dutch seismic giant books two standard survey vessel newbuildings at Singapore shipbuilder.
  • ANZDA to raise rates
    Shippers face extra charges of up to $1,000 per feu under plans unveiled by Asian focused liner group.

American Shipperweb site
JUNE 24, 2010
  • European giants collaborate on transpacific
  • Hanjin receives its biggest containership
  • Chiarello leaves NYK to head ASG
  • Royal Jordanian extends Heathrow contract
  • Steele takes reins at Aloha Air Cargo
  • Sell joins K + N from Envirotainer
  • Amsterdam port gets dedicated rail line
  • Edmonds reappointed Houston port board chair

The Bunker Bulletinweb site
JUNE 24, 2010
  • Early trading sees prices falling
    Bunkers following fundamentals lower.
  • Prices weaken across the board
    Slow demand reported in Hamburg.
  • Strong IFO losses in Fujairah
    Tight avails in Fujairah.
  • 'Three main solutions' for ECA compliance
    LNG is 'preferred alternative' over low sulphur fuel and scrubbers says DNV.
  • Pakistan seeking fuel oil cargoes to meet bunker demand
    Tenders will put further pressure on Middle East fuel oil market.
  • Norwegian operator orders world's largest LNG ferry
    Fjord1 signs a contract with Fisker Strand BLRT AS, increasing interest in cleaner fuels.
  • Middle East fuel oil market remains tight
    Latest Saudi Aramco cargo 'likely to stay in Middle East'.
  • Singapore residual fuel stocks at four-week high
    Onshore stocks of residual fuel rose 7.5% due to higher western arbitrage arrivals.
  • New customs rules delaying dispatch of fuel oil samples
    Getting samples out of Novorossiysk has been 'problematic' in the past as well.
  • Singapore 380 cSt fuel price at week-low
    Demand average despite lower prices, local traders say.
  • CMA CGM, Maersk, MSC strengthen China to US coverage
    Set to launch a new direct service across the Pacific.
  • Vitol obtains SMX membership
    Singapore Mercantile Exchange ready to 'go live' on August 2010.

›››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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