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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
16:45 GMT+1
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BRIEFS
July 26, 2010
The Business Timesweb site
Shipping News
  • Brazil invention enables ships to load in rain
    A Brazilian firm has invented a high-tech tarpaulin for bulk carrier ships to load during rain without putting their cargo at risk, potentially slashing turn-around times and shipping costs.
  • Shipping rates' 1st weekly rise in 2 months
    Commodity shipping rates measured by the Baltic Dry Index had their first weekly gain in almost two months on demand to ship grains from North America.

Sched Netweb site
  • Mediterranean Shipping Co No 1 in exports, Maersk in imports
  • China's port box volumes up 7.3 - 13.9pc in first half year
  • Maersk bans disinfectant suspected in Charlotte Maersk fire
  • Feeder operators warn of surcharges if Rotterdam delays continue
  • Singapore Exchange sets up derivative container market
  • Kerry Logistics to expand into Shanghai, Chongqing, Kunshan
  • Kuehne + Nagel first-half revenue up 15pc to US$9.4 million
  • Iran's shipping business curtailed by global sanctions
  • Continental profit US$233 million in the second quarter
  • UAL, Continental reach agreement with their pilots
  • Changi takes final bids for third ground handling licence
  • JAL to pay Kaplan Fox clients US$12 million for price-fixing

Exim Indiaweb site
  • SCI takes delivery of 1st of 6 LR-I product tankers
  • Wartsila India shifts to eco-friendly Chennai office
  • 13,830-TEU CMA CGM Amerigo Vespucci now churns the mighty waves
  • SEAI: Oilmeal exports to China can be doubled
  • 23-fold rise in garlic exports
  • New Mangalore Port proves mettle in handling project cargoes
  • BPCL commissions global bunkering facility at Cochin Port
  • DP World fulfils driving need with green commitment
  • Railways maps out new schemes for private sector's entry
  • Move to bridge tax parity between cotton & man-made fibres & textiles
  • Study on steps to slash export transaction costs completed
  • Panel against rubber import duty cut
  • Kutch-Saurashtra region becomes investors' haven
  • PMEAC upscales growth forecast
  • Take-out financing through ECBs for infrastructure projects allowed
  • Minimum built-up area norms for SEZs in small cities eased
  • GST will be win-win-win situation for Centre-state, industry & consumers'Pranab
  • Dawn of single Customs permit regime for exporters

World Wide Shipperweb site
JULY 23, 2010
  • Ports of Seattle, Tacoma reducing pollutants in region
  • Horizon Lines numbers improve during second quarter
  • New Lynden Transport service offers GPS tracking of shipments
  • Alaska Airlines test flights show new scheme reduces emissions
  • US rail freight traffic on even keel during week

Lloyd's Listweb site
JULY 23, 2010
  • Capesize lay-ups loom as zero-rate fixtures reappear
    Owners mull removing surplus tonnage to druve up spot rates
  • LNG spot market rates linger at rock-bottom
  • Half of the single-hull VLCCs are not trading
  • Boxship oversupply may end in 15 months
  • Shipping industry efforts on liability make progress
    Provisions part of Senate Bill that was withdrawn
  • The need for caution
  • Montreal port delays set to continue
    Loading and unloading delays expected even though union and port employers reach deal...
  • LA and Long Beach talks set to resume
  • Supramaxes to outperform capesizes in third quarter
    Larger ships bear brunt of downturn in dry bulk freight rates as new tonnage swamps...
  • Tonnage surplus drags wet and dry rates

Fairplayweb site
JULY 23, 2010
  • Shipping rallies against US bill
    A united coalition of shipping groups is urgently lobbying against the proposed Fairness in Admiralty and Maritime Law Act
  • Montreal port lockout ends
    LONGSHOREMEN in Montreal have voted to return to work Saturday morning under an agreement reached between their union and the Maritime Employers Association
  • MSC Cruises order at last signed
    MSC CRUISES has finalised its long-delayed order for a new 1,751-cabin vessel from STX France's Saint Nazaire yard, for a reported $575M
  • LA-LB labour talks stall
    TALKS have reportedly stalled in Los Angeles and Long Beach between box shipping workers and employers
  • Counterfeit goods into EU fall
    THE EC has found that the volume of counterfeit goods seized in the EU fell by more than 40% last year, IHS Global Insight reported today
  • Iran fuel imports said diverted
    SEVERAL fuel shipments are reportedly being redirected away from Iranian ports, in reaction to US trade sanctions and more such measures expected next week from the EU
  • Poole unveils port plan
    POOLE harbour commissioners in southern England have drawn up a £20M ($28M) long-term development plan, including a cruise ship mooring system

The Journal of Commerceweb site
JULY 23, 2010
  • UPS Sees 'Ocean Squeeze' Pushing Shippers to Air
  • Idle Container Ships Fall to 2 Percent of World Fleet
  • EPA Funds Emission Gear on 29 Locomotives
  • Vitran Returns to Profitability, Raises Yield
  • Trucking Exec Says Capacity to Stay Tight
  • Pacific Northwest Ports Cut Pollution
  • Montreal Port Lockout Ends
  • AMB Property Profit Declines
  • Horizon Lines Posts $3.7 Million Profit
  • Prologis Posts Loss, Sees Market Bottoming
  • Le Havre Port Expansion to Preserve Natural Environment
  • UK Sets Timetable for Royal Mail Sale
  • USA Truck Rolls Back to Profitability
  • LaHood Says No Fuel Tax Increase Needed for Transport
  • Star Reefers Profit Drops
  • E-freight Goes Live at 58 US Airports
  • BA Seeks Damages from Other Carriers in Cargo Cartel
  • World Shipping Council Briefs US Shippers on EU Rules
  • Forward Air Profit Jumps on Pricing, Cost Controls
  • Indian Port Congestion Causes Severe Delays
  • LA-Long Beach Employers Seek Substantive Proposals
  • Steady As She Goes
  • Unsung Heroes
  • Speeding Up, in Reverse
  • Trade GAPS

Containerisation Internationalweb site
JULY 23, 2010
  • Should ocean carriers be submitted to banker-style stress tests?
    As the northern hemisphere begins its annual pilgrimage to the beaches and countryside, spare a thought for 91 examination candidates that have delayed their vacation plans ahead of the results of stress tests to be published later today.
  • Box shortage spreads to US domestic intermodal
  • Montreal dock lockout to end tomorrow
  • Bulls back in charge at bourses
  • Maersk ban 'shock treatment' chemical
  • Spot rates peak as shippers await softening

TradeWindsweb site
JULY 23, 2010
  • Cal Dive rejigs credit facility
    Texas-based offshore outfit bags breathing room as banks give green light to amend $300m credit facility.
  • Petredec fixes LPG pair
    Bermuda-based LPG player heats up gas game as brokers shed light on chartering chatter.
  • Irving yard deal dubbed a 'steal'
    Canadian shipbuilder dips into piggy bank as Nova Scotia facility sells for $0.96.
  • Trafigura labels ruling 'incorrect'
    Trafigura looks set to appeal guilty charges from Dutch court over 2006 Probo Koala dumping saga.
  • Traditional bank lending is back
    Ship finance is becoming more normalised as traditional values return, says Michael Bodouroglou.
  • No 'siesta' at Marine Subsea
    Norwegian owner pockets $1.1m as offshore assignment wraps-up in Spain.
  • Beluga boosted by Oaktree cash
    German heavy lift owner plots newbuilding spree after welcoming US investment company on board.
  • Trafigura guilty of waste export
    Master of ex-Probo Koala given suspended jail term as Dutch court finds Swiss firm guilty of illegally exporting toxic waste.
  • Horizon Lines beats the street
    Chuck Raymond-led liner outfit back in the black as second-quarter profits trump Wall Street estimates
  • Quotes of the week
    Nobu Su probably got the hump back in Taiwan as A Whale idea harpooned and who is gunning for revolvers?
  • MISC all go for shipyard IPO
    Malaysian owner firms up plans to list its shipbuilding division in its homeland.
  • Trada bags Chinese FSO deal
    Indonesian owner to pocket $112m over eight years from CNOOC.
  • Thoresen buys supramax
    Thai shipowner snaps up brand new bulker from Greece's Meadway Shipping in $34.5m deal.
  • Troll tonic for Havila Shipping
    Njal Saevik-led owner sees Havila Troll asset play lift its second quarter numbers.
  • New5 in Numb3rs
    Fred Cheng sells VLCC fleet at a knock-down price while Hosco gets back on the newbuilding horse.
  • Crewman killed by fumes
    Norwegian cargoship Icelandica Hav was detained in Aberdeen in June following Russian's death, it emerges.
  • Golden hello for new CFO Birgitte
    John Fredriksen's bulk carrier company hands out share options as new finance chief walks through the door.
  • Zeeland zooms to higher volumes
    Dutch terminals operator posts 25% jump in cargoes in first six months.
  • Spill spur for Seacor Holdings
    US offshore outfit pushes up second quarter profit as Deepwater Horizon clean-up keeps it busy.
  • TransAtlantic saved by tax
    Swedish owner piles on sales in second quarter but only avoids loss with huge tax break.
  • FSL Trust files Daxin writ
    Shipping trust set to claim for damages resulting from arrest of MR tankers in Japan and China.
  • New face at Latvian Shipping
    Finaval director Paul Thomas joins Riga tanker owner's management board for five-year term.
  • Pirates hit cape off Singapore
    Armed men board Cyprus Maritime bulker in early morning raid northeast of Horsburgh Lighthouse.
  • Dover sell-off delayed
    New UK shipping minister asks port to publish more information about controversial privatisation plan.
  • SGX eyes box swaps
    Singapore Exchange to offer over-the-counter container swaps clearing from August
  • Dockwise loses on Enterprise sale
    Andre Goedee-led heavy-lift player takes hit on sale of unit for conversion to floating power plant.
  • Colombo founds new yard
    Sri Lankan shipbuilder eases congestion at main site by building ferry upriver.
  • Ezion seals second base
    Singapore offshore player set to open second Australian marine supply base to target oil and gas sector.
  • NITC: Lia not under charter
    Iranian owner denies any connection to tanker whose owner reportedly refused to discharge in Iran.
  • PST keeps its powder dry
    PIL-backed shipping trust continues to build up its cash pile as it eyes additional acquisitions.
  • Boskalis hits the right note
    Dutch dredger owner's $450m bond sale "significantly oversubscribed."

American Shipperweb site
JULY 23, 2010
  • WSC, U.S. shippers meet on EU 24-hour rule
  • Singapore to clear container swaps
  • CMA CGM ups capacity on Columbus service
  • Swift plans public offering
  • Union Pacific reports record profit
  • Senate bill focuses on freight
  • Canada, U.S. softwood trade dispute softens
  • Survey: Brazil shippers eye landed costs
  • Port of Montreal could reopen Saturday
  • Meeting set for SoCal truck congestion
  • Employers: SoCal clerks 'all get and no give'

The Bunker Bulletinweb site
JULY 23, 2010
  • Crude keeps bunker markets guessing
    Most major ports ending the week higher.
  • Engine upgrade exceeds expectation onboard Deadliest Catch vessel
    Diesel exhaust sees a reduction of 35% while fuel economy improves by 9 percent.
  • Bunkers see late-week gains
    Little action until a temporary surge by crude oil futures.
  • The world's most environmentally friendly military vessel
    Green future for US Navy as it welcomes boat that runs on 100 percent biodiesel, has 100 percent shorepower capability, and has zero discharge.
  • Double-digit gains in Rotterdam, Hamburg
    Prices up following latest crude oil rally.
  • KPI Bridge Oil Singapore moves to accommodate expansion
    Says the company has outgrown previous facilities and plans to further expand trading teams over the coming months.
  • Fujairah prices end week on firm note
    Some players report barge congestion in Fujairah until July 27.
  • New product terminal 'to make Cyprus regional oil trading hub'
    VTTI terminal set for completion in 2012 to provide storage for gasoline, diesel, jet fuel and fuel oil.
  • New English Channel bunkering station to launch in September
    Anchorage location near major shipping lanes could rival major supply centres says Cockett, aiming for annual sales above a million tonnes.
  • Vitol on course to buy African downstream businesses from Shell
    In exclusive talks to buy businesses including marine fuel sales in 19 countries, South African assets excluded from deal.
  • August start for Southernpec's Singapore operations
    Will use two 4,600 dwt bunker barges to deliver 380 cSt fuel.
  • Week ends with steep climb in bunker prices
    Demand at all major Asian ports down due to high prices, traders say.
  • BP ex-staff express 'shock and disappointment' about legal action
    Reasons behind departure will 'no doubt' to be fully defended, says spokeswoman for defendants.
  • Fuels programme at Port of Seattle a success
    Incentives given to vessels that use low-sulphur fuels or shore power while berthed.
  • BP reveals evidence against former Singapore staff
    Mass departure of staff 'engineered' by its former global trading head and ex-legal manager, claims BP.
  • Matrix Bharat starts Kochi service
    Supplier has commenced bunkering operations, partnering with BPCL to provide bonded 380 cSt grade.

›››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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