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03 December 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
November 25, 2010
The Business Timesweb site
Shipping News
  • Shipping market still 'vulnerable', says Frontline
    Frontline Ltd, the world's biggest operator of supertankers, said the market is still 'vulnerable' after almost five months of unprofitable rates. The shares fell the most in 2 1/2 months in Oslo trading.
  • Viet PM admits failures in Vinashin case
    Vietnam's Prime Minister admitted government failures yesterday in the case of state-run shipping group Vinashin, which has been driven to the brink of bankruptcy ahead of a key Communist Party Congress.
  • Baltic index rises on Chinese coal imports
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, rose on Tuesday with Chinese coal imports boosting activity on the larger capesize vessels.
  • S Korea urges ships to take extra security measures

Sched Netweb site
  • Shanghai retains title as world's biggest container port
  • Safmarine profit hits US$186 million in the first 9 months
  • Two containerships collide in the Hooghly south of Calcutta
  • China's ports ease overcapacity from highs of 2009
  • Xinjiang's Horgos customs trade value up 25.5pc on oil imports
  • MOL enters JV venture to start Vietnam tugboat business
  • Likes US recovery, but CMA CGM sees poor facilities, truck shortage ahead
  • Guangxi's Qinzhou port area capacity to reach 100 million tonnes by 2013
  • APL Logistics offers Cambodia-Vietnam container trucking
  • Panalpina management visits Shanghai's Yangshan port
  • DHL looks to boosting market share in India-Africa trade
  • First piracy trial in 400 years to be held in Germany
  • Teras BBC jointly operates multipurpose, heavy lift vessel
  • Baltic Dry Index rises after three weeks of decline
  • Aviation Technical Services may face US$530,250 FAA fine
  • Al Qaeda foiled bomb cheap success, costly for global security
  • Northern Air Cargo flies Boeing 737-300 freighter

Exim Indiaweb site
  • Boxships collide in Kolkata
  • GE Shipping delivers Jag Vikram to buyers
  • Indian tonnage in global shipping falls-Vasan
  • SCI to also use FPO proceeds to increase tonnage
  • Ten-fold rise in LNG-powered ships likely in 5 years
  • Anti-dumping duty imposed on polypropylene imports
  • Gems & jewellery exports rise by robust 37.82 pc in Oct.
  • MMTC to import 60K tonnes of pulses
  • Seafood exports to US rise by 38 pc in H1
  • Spices export earnings up by 13 pc in April-Oct.
  • MPs' panel favours single regulator for all ports
  • NM Port eyeing exports of more maize, foodgrains
  • Navi Mumbai airport project cleared
  • Several associations join hands to represent air cargo industry
  • US Air Forwarders seek risk-based assessment, not 100 pc cargo screening
  • Infra tops in contribution to GDP
  • SEZ developers get more time to finish projects
  • Foreign Trade Policy Analysis: Current Trends
  • IMF chief coming
  • New EU stand on biofuels irks Indonesia & Malaysia
  • Unido brings out guidebook for exporters
  • World food imports to cross $1 trillion in 2010-FAO

International Transport Journalweb site
NOVEMBER 23, 2010
  • Latek Lojistik plans to build logistics centre in Kenya
    The Turkish logistics company Latek Lojistik is planning to build a logistics centre in Kenya. The logistics provider would like to offer storage and distribution services to its c...
  • UPS Logistics Technologies to be acquired by Thoma Bravo
    The US express service provider UPS has agreed to sell its UPS Logistics Technologies unit to Thoma Bravo LLC, a leading private equity investment firm. Financial details were...
  • Ceva invests to support growing home delivery business in the UK
    Ceva Logistics, one of the world's leading supply chain companies, has invested in a new UK customer contact centre and deployed an additional new vehicle fleet of 24 units to supp...
  • Safi Airways trying to bypass EU ban on Afghan carriers
    The European Commission's ban on flights from Afghanistan, which took effect on 23 November, is a serious setback for scheduled traffic between Afghanistan and Europe, as well as f...

Marine Logweb site
NOVEMBER 24, 2010
  • Newport News and Ingalls shipbuilding names set for revival

World Wide Shipperweb site
NOVEMBER 24, 2010
  • PIERS date reveals US toy imports growing
  • Evergreen Line to begin vessel sharing deal with MCC
  • APL Logistics hiring pair of intermodal experts
  • Marcon brokers sale of Island Tug & Barge vessel
  • Boeing set to purchase Summit Aeronautics Group

Lloyd's Listweb site
NOVEMBER 24, 2010
  • CMA CGM close to sealing debt deal
    Box line said to have reached agreement with its banks after successful talks with Yildirim group
  • CMA CGM approaches French government for cash injection
  • CMA CGM could get $500m Turkish boost
  • CMA CGM first half revenues up 41%
  • IMO demands autonomy in emission-reduction measures
    Organisation to demand sole responsibility for implementing measures to curb...
  • Why you need to know what happened inside the...
  • Enough funds available to build new box terminals
    Banking system can cope with the industry's need to expand capacity as volumes...
  • Looming capacity gap could trigger box port...
  • Shipyard slippages set to continue
    Drewry report claims that yards' failure to deliver on time has brought relief to...
  • Newbuild delivery delays lift owners' market...

Fairplayweb site
NOVEMBER 24, 2010
  • Frontline profits but also warns
    FRONTLINE today reported net profits of $12.3M for 3Q10, compared with losses of $5.6M in the same period last year
  • Storm-tossed ship returns
    MAERSK Sembawang today returned to service, two weeks after diverting to Le Havre because it had lost 26 containers in a storm
  • Rare-earth exports resume
    CHINA has restored export shipments of rare-earth minerals to Japan after a two-month suspension, trade minister Akihiro Ohata said today
  • Vietnam-Lehman tie reported
    VIETNAM reportedly plans to restructure Vinashin, the debt-ridden shipbuilder, by bringing in the man who organised the break-up and sale of the Asian Lehman Brothers operations
  • UK seizes £500,000 in pot
    UK BORDER Agency officials said today officers have arrested a man in the seizure of 188kg of cannabis resin worth about £500,000 ($790,000) at Harwich's port
  • Frontline sells Navig8 stake
    FRONTLINE said today it has sold its 15.8% stake in Navig8, the Singapore operator of about 100 product and chemical carriers
  • EC warns Greece on crews
    GREECE was warned today that it risks EC fines if it fails to open to non-Greeks the positions of captain and chief mate on its flagged ships
  • Kremlin slices thin indeed
  • Migrant cap shipping harm seen
  • Canada shakes drybulk sector
  • MISC's earnings rocket
  • Portugal port workers strike
  • Retrial won in yard deaths
  • DHL sees 8% revenue growth
  • Independent Tankers falls

Containerisation Internationalweb site
NOVEMBER 24, 2010
  • Investigation begins into West Bengal boxship prang
  • FMC 'Fact Finding' to report in December
  • US growth hinges on Black Friday
  • Carriers pass on Panama Canal fee hike
  • Tesco eyes 'quadruple' Chinese expansion

TradeWindsweb site
NOVEMBER 24, 2010
  • Jensen: 'Thanks for your help'
    Frontline CEO takes a swipe at owners for not joining spot withdrawal but suggests 2011 will be "fairly good" for VLCCs.
  • Judge settles Trico OSV battle
    GE offloads one of three OSVs caught in bankrupt US offshore owner's road to redemption.
  • Maersk bites back in cake fight
    Tasty Danish riposte puts the knife into Nautilus' "let them eat cake" jibe over profits party.
  • Floatel closes in on Oslo float
    Swedish rig owner pins date and price range for $50m public offering in Norway.
  • Tsakos tanker to the rescue
    Greek owner's suezmax Triathlon plucks sailors from Atlantic after marathon shipwreck ordeal.
  • Tiete seals Transpetro tender
    'Virtual' shipyard puts finishing touches on $231m newbuilding contract forged with Sergio Marchado-led tanker titan.
  • Greek strike misery drags on
    Ferry crews extend wage walk-out at ports until Friday at least, as they seek pay rise of 2%.
  • Cautious divi dents Frontline stock
    Frontline shares are on the slide in Oslo following a weak outlook and a smaller than expected third quarter payout.
  • Arbitrator to decide Restis row
    Ukrainian charterer calls in mediator after Greek bulker brought back to Mumbai in cargo dispute.
  • BBC inks US alliance
    German heavylift owner expands US footprint by forging fresh partnership with Teras Cargo Transport.
  • Mogster bets on bonds again
    Dof aiming to grab over $120m from a bond issue just weeks after a subsidiary completed an identical move.
  • Shih Wei on the wane
    Taiwanese bulker owner sees profit slip as investment income chopped back.
  • Stena Line to widen 2010 losses
    Swedish ferry company facing SEK 280m deficit this year, while Stena Bulk will also be in the red.
  • Devil is in the lack of detail
    Secrecy surrounding Tsakos Energy Navigation's plan for a pair of newbuildings is weighing on its share price, JP Morgan says.
  • Liner rise drives MISC
    Malaysian owner's profit lifted by better boxship rates and heavy engineering performance.
  • Maersk: 'Let them eat cake'
    Maersk Line's invitation for crew to eat cake in celebrating $4bn profit riles officers' union Nautilus.
  • Big John sells Navig8 stake
    Frontline has sold its stake in Singapore tanker operator at a modest loss.
  • UCS in talks over loan
    Russian shipyard group wants $1bn to build two new plants in the east with Daewoo and Yantai Raffles.
  • Dobson: 'No pirate boarding'
    Cypriot manager of tanker Norna N says razor wire prevented hijacking as sources say citadel used.
  • Golden Ocean boosted to buy
    Investors urged to pick up shares in John Fredriksen-led company which has "perfected the art of charter coverage".
  • Hong Kong detains four ships
    Hanseatic Lloyd boxship and Calany tanker among quartet of safety check failures.
  • Erhama debuts with tug order
    New $2.8bn Qatari shipyard to build 19 vessels for port of Messaieed, with more to come.
  • HHI orders jump 55% in 2010
    Korean shipbuilding giant reveals big increase in new business to end-October as owners return.
  • All-Star launches new passenger run
    Philippines owner starting service to Bohol with ro-ro acquired from Korea.
  • Mermaid adds to war chest
    Australian offshore vessel owner takes acquisition pot past $60m as it completed latest share issue.
  • ITC uncertain over VLCCs
    Ending of bareboat charters for two tankers could hit Frontline-owned company's future profit, it warns.
  • Neptune axes chief exec
    Christian Lange has effectively been given the boot at Australian offshore engineering company.
  • Volgograd edges into profit
    Russian shipbuilder turns around big loss last year in first nine months of 2010.
  • Long Beach bucks trend
    Total container volumes at the US west coast port have reached their highest level in three years.

American Shipperweb site
NOVEMBER 24, 2010
  • Maersk, Argos announce settlement
  • Safmarine nets $186 million through Q3
  • Matson raises rates, THCs on Hawaii service
  • UPS sells technology unit
  • Rail-barge returns to operation in Virginia next month
  • APL Logistics snares intermodal vets
  • L.A. redevelops historic port warehouses
  • Battle against illegal tiger trade strengthens
  • U.S. condemns Iceland's whale meat trade
  • BIS seeks upgrade to on-line registration in SNAP-R
  • Del. port handles rocket cargo for NASA contractor
  • Great Lakes shipyards boost employment

The Scandinavian Shipping Gazetteweb site
NOVEMBER 24, 2010
  • Wisby Tankers investing heavily ' orders two asphalt tankers
    Finally it was confirmed, the rumour that has been circling in the market for a while: Wisby Tankers is investing heavily and orders two asphalt tankers on 15,000 DWT each
  • Six flag states spotless
    Six out of 107 flag states came through without remark on this year's Flag State Performance Table. The table is issued yearly by the Round Table of international shipping associations
  • Large part of container fleet on extra slow steaming
    Currently, 93 per cent of the Far East'North Europe loops and 80 per cent of the Far East'Mediterranean loops have adopted Extra Slow Steaming, ESS, French Alphaliner estimates

The Bunker Bulletinweb site
NOVEMBER 24, 2010
  • Crude futures slightly rise
    Market worries fade over concerns of growing crude stockpiles.
  • Fujairah bunker prices steady
    Durban deliveries available for supply up to and including December 7.
  • European bunker prices show little movement
    Bunker market quiet in Hamburg.
  • Pipeline fee introduced in Suriname
    Not all 'bunker only' calls can be conducted in anchorage.
  • Figures suggest Rotterdam fuel sales still falling
    Bunker sales likely to be down for third year in a row.
  • 'Surge' of interest in fuel efficiency
    Eniram to launch three web-based seminars to help ship operators optimise fuel use.
  • Bunker prices maintain softening trend
    Lacklustre demand at Asia's key bunker, say traders.
  • Tail wagging the dog in crude market
    Prices have dropped despite strengthening fundamentals as financial flows exert influence.
  • Bahrain tests bunker spill readiness
    'Region could take up to 50 years' to recover from an oil spill.
  • Bunker operations continue despite border attack
    South Korean port agents urge tanker and cargo vessels operators to take extra security measures.
  • O.W. Bunker launches physical operations in Panama
    South America is a 'critical' market for future growth.
  • ABB wins $58 million deal to install multi-fuel propulsion system
    Installation to take place on six LNG transport vessels, says ABB.

›››File
FROM THE HOME PAGE
PORTS
Signed the act for the rebalancing of the concession in chief of Venice Terminal Passengers
Venice
Spain : The aim is to "create a new normal", which is aimed strongly at an upper-middle customer segment, with the aim of creating a pole for luxury cruises in Venice, " he said.
PORTS
In October, freight traffic in the ports of Genoa and Savona-Ligure
Genoa
Recorded increases of 2.5% and 21.9%, respectively. It continues the downturn of cruises in both scallops
CRUISES
Fincantieri has delivered the new cruise ship Viking Vela to Viking
Trieste / Los Angeles
Can accommodate 998 passengers
The government of Montenegro wants to bring the port of Adria back under state control
PORTS
The government of Montenegro wants to bring the port of Adria back under state control
Podgorica
Will evaluate the possible acquisition of the majority stake in the Turkish Global Ports Holding
PORTS
China's seaports handled record cargo traffic for October
China's seaports handled record cargo traffic for October
Beijing
Containers amounted to over 24.4 million TEU (+6.2%)
Stable the traffic of goods in the port of La Spezia in the period of July-September
PORTS
Stable the traffic of goods in the port of La Spezia in the period of July-September
The Spezia
Marina di Carrara has been recorded a decrease of -15.6%
PORTS
At Spezia they don't want a president of the AdSP "parachuted"
The Spezia
They ask for a president "plug & play" able to deal with the problems right away
PORTS
Defined the location in the port of Gioia Tauro of the construction site for the bridge over the Strait of Messina
Joy Tauro
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
PORTS
The OYAK and OIA funds will invest in the Turkish port of Iskenderun
Ankara
Expected the realization of a terminal container
SHIPPING
T&E calls for EU measures to limit ship speed and greater use of wind propulsion
Brussels
Summary complaint of the organization on the progress made by the shipping industry for decarbonisation
CUSTOMS
To extend the customs corridor to goods in export and on transhipment in the port of Spezia
The Spezia
He was speaking at a meeting between the AdSP and the Customs Agency.
SHIPPING
After Maersk, Hapag-Lloyd also initiates an agreement with Chinese Goldwind for supplies of green methanol
ENVIRONMENT
Messina (Assshipowners) : yes to the environmentalist push, but the timing and the ways are wrong
Rome
Local, often untimely, local norms have the only effect of moving traffics out of the Old Continent.
PORTS
Port of Ravenna, final visit of the EU representative to the project "Ravenna Port Hub : Infrastructural Works"
Ravenna
The European contribution has been more than 30 million euros.
TRANSPORTATION
In 2023, the performance of road and rail transport services fell in Switzerland.
Neuchâtel
Modal shares remained unchanged
INTERMODAL TRANSPORT
New intermodal service Melzo-Marcianise of Hannibal
Melzo
Two weekly rotations that from the first quarter will rise to three
PSA and Evergreen to jointly operate container terminal in Singapore
PORTS
PSA and Evergreen to jointly operate container terminal in Singapore
Singapore
The new company will become operational by the end of 2024
In the third quarter economic growth of trade in goods and services of G20
TRADE
In the third quarter economic growth of trade in goods and services of G20
Paris
Down the value of goods to and from China
PORTS
Omanita group Asyad will manage the port of al-Suwayq for 40 years
Muscat
The expansion of the stairway and the construction of a quay
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
INTERMODAL TRANSPORT
Memorandum of Understanding for the creation of an intermodal terminal in Budapest
Astana
A delegation of the Kazakh KTZ Express to the port of Rijeka
SHIPPING
The BIMCO has adopted the FuelEU Maritime Clause
Copenhagen
The European regulation will enter into force next January.
SHIPPING
Kenon Holdings (Idan Ofer) announces the next exit from the capital of ZIM
Singapore
Currently owns 19.8 million shares
PROGRESS AND TECHNOLOGY
NIM and EH Group will develop hydrogen fuel cell technologies for shipping
PORTS
In the third quarter of 2024 the traffic of goods in the port of Tanger Med increased by 11%
Anjra
In the first nine months of the year, growth was 12% percent.
PORTS
Project of the ovadese Vezzani to set up a terminal for the automotive in Porto Marghera
Venice
Filed for the release of a demanial concession for the quay ex Sirma
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%)
SHIPPING
Rixi, without the ETS review, European maritime fleets will continue to suffer a competitive disadvantage
Rome
According to the deputy minister, it is necessary to intervene at the root of the problem
PORTS
PSA Italy continues in purchase of equipment for Marghera terminal
Genoa
Committed total value of 8.5 million euros for three rubber-tyred gantry crane electric
JOBS
Corsica Sardinia Ferries in search of navigating personnel
Go Ligure
The wanted profiles are different, for machine areas, room and kitchen
PROGRESS AND TECHNOLOGY
Agreement for the digital integration of the FS and AdSP Polo Logistics systems of the Western Liguria
Genoa
SHIPPING
New Oriental Mediterranean Service-Adriatic via Malta of CMA CGM
Marseille
Will have a weekly frequency
COMPETITION
Brussels to give state aid for 1.9 billion euros to German railway company DB Cargo
Brussels
ASSOCIATIONS
Renewed the Governing Council of Wista Italy
Milan
Constancy Musso confirmed president
SHIPPING
Maersk completes orders to three shipyards for 20 new container ships
Copenhagen
In Yangzijiang Shipbuilding committed for six 17,000 teu ships and two from 9,000 teu. At Hanwha Ocean and New Times Shipbuilding ordered six units from 15,000 teu each
ASSOCIATIONS
Biagio Mazzotta assumes the post of Vice-President of the Federation of the Sea
Rome
President of Assonave will be running for vice president of ENMC
PORTS
ESPO calls on the new EU Commission to maintain and strengthen the CEF programme
Brussels
The exhortation is also to better adapt it to the needs of ports and their stakeholders
EDUCATION
The agreement on training between the AdSP of the Tirreno Centre Northern, the ITS Academy, " G. Caboto " and the European Escola
Cyvitavecchia
SHIPPING
Consultation on the extension of the UK ETS to the maritime sector
London
Shipping would be included since 2026
COMPANIES
MSC completes acquisition of a minority stake in HHLA
Hamburg
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
PORTS
ONE acquires a stake in Jakarta's NPCT1 terminal container
Singapore
It has a traffic capacity of 1.5 million teu per year
PORTS
Transped orders a mobile crane Konecranes Gottwald for its Porto Marghera terminal
Helsinki
It will be taken in delivery in the second quarter of next year
LOGISTICS
Dutch Raben Group and Swiss elvetica Sieber Transport make up a joint venture
Oss / Berneck
It will detect the Swiss company's groupage transport activity
LOGISTICS
Dachser & Fercam Italia has opened a new branch in Arezzo
Bolzano
Three thousand square meters of operational surface area and 400 of offices
SHIPYARDS
Fincantieri initiates agreement with SIMEST for the growth of watermark businesses
Milan / Trieste
MEETINGS
Conference for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
PORTS
Approved the Plan of the Organic Ports of Sardinia
Cagliari
There are 938 workers in the 36 enterprises operating in the scallots
OFFSHORE
Saipem has awarded an EPCI offshore contract from BP in Indonesia
Milan
SHIPPING
Container ship charterer MPCC's revenues fell by -28% in the third quarter
Oslo
RAILWAY TRANSPORT
Fermerci reports delays and cuts to incentives for rail freight transport
Rome
Paper: Real risk of losing 115 million euros
PORTS
In the third quarter, traffic in shipping containers of Moroccan Marsa Maroc increased by 5% percent.
Casablanca
Exhaustion of the growth of transshipment volumes
SHIPYARDS
At Samsung Heavy Industries orders for the construction of four 16,000-teu container carriers
Busan
Commits the value of about 781 million
ENVIRONMENT
Eni-MSC agreement in the field of sustainability and energy transition
San Donato Milanese
It was subscribed by Claudio Descalzi and Diego Aponte
PORTS
The Grimaldi terminal in the port of Barcelona has been equipped with Onshore Power Supply
Barcelona
It will become operational in January
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 for the 30 th birthday of WISTA Italy
Genoa
It will be held tomorrow at Palazzo San Giorgio in Genoa
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
››› Meetings File
PRESS REVIEW
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
››› Press Review File
FORUM of Shipping
and Logistics
Autorità di Regolazione dei Trasporti
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
SHIPYARDS
South Korea's HJSC adjusts a salesperson for four new 7,900-teu container ships
Busan
ASSOCIATIONS
Rolf Westfal-Larsen Jr. has been elected president of Intertanko
London
Undergoes to Paolo d' Amico
LOGISTICS
COSCO and SIPG will acquire 10% each of the capital of SAIC Anji Logistics
Shanghai
They will participate in the capital increase of the logistics company of SAIC Motor
INDUSTRY
AD Ports continues in its investment campaign in Egypt
Cairo / Abu Dhabi
Agreement to realize an industrial area of 20 square kilometers in East Port Said
Dimitri Serafimoff has been elected as the new president of CLECAT
ASSOCIATIONS
Dimitri Serafimoff has been elected as the new president of CLECAT
Brussels
He will also retain the presidency of the CLECAT Customs Institute
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
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