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BRIEFS
February 23, 2011
The Business Timesweb site
Shipping News
  • Storm threat holds up Aussie iron ore exports
    A cyclone bearing down on Western Australia yesterday has left iron ore shipments from the world's top exporter at a near standstill as ports shut ahead of the storm.
  • Frontline chalks up bigger-than-expected Q4 loss
    Frontline Ltd, the world's biggest supertanker operator, may return to profit this quarter after its biggest loss since 2002 as oil demand from China curbs a glut of vessels that sent freight costs to a 13-month low.
  • Baltic Exchange index falls for first time in 2 weeks
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell on Monday for the first time in two weeks as cargo activity slowed and vessel availability increased.
Strait Talk
  • Indian Ocean turning into Wild West
    IT is only a month or so since piracy last featured in this column, but since then what was already an incredibly bad situation has got evenÂ' worse. A seafarer on board the multi-purpose ship Beluga Domination was murdered in cold blood by gang members in retaliation for the death of one of them after an unsuccessful rescue attempt by the Seychelles Coast Guard. Two other crew members are missing following the same incident, presumed dead.
Shipping Times
  • China rail sector offers growth opportunities
    Europe's fifth-biggest fund manager, DWS, sees China's rail sector as offering major growth opportunities for investors within the infrastructure sector, a manager of its infrastructure-themed fund said.
  • 31 convicted over Indian train blaze in 2002
    An Indian court yesterday convicted 31 people on conspiracy and murder charges over a deadly train fire in 2002 that triggered anti-Muslim rioting in which 2,000 people were killed.

The Business Timesweb site
Shipping News
  • Storm threat holds up Aussie iron ore exports
    A cyclone bearing down on Western Australia yesterday has left iron ore shipments from the world's top exporter at a near standstill as ports shut ahead of the storm.
  • Frontline chalks up bigger-than-expected Q4 loss
    Frontline Ltd, the world's biggest supertanker operator, may return to profit this quarter after its biggest loss since 2002 as oil demand from China curbs a glut of vessels that sent freight costs to a 13-month low.
  • Baltic Exchange index falls for first time in 2 weeks
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell on Monday for the first time in two weeks as cargo activity slowed and vessel availability increased.
Strait Talk
  • Indian Ocean turning into Wild West
    IT is only a month or so since piracy last featured in this column, but since then what was already an incredibly bad situation has got evenÂ' worse. A seafarer on board the multi-purpose ship Beluga Domination was murdered in cold blood by gang members in retaliation for the death of one of them after an unsuccessful rescue attempt by the Seychelles Coast Guard. Two other crew members are missing following the same incident, presumed dead.
Shipping Times
  • China rail sector offers growth opportunities
    Europe's fifth-biggest fund manager, DWS, sees China's rail sector as offering major growth opportunities for investors within the infrastructure sector, a manager of its infrastructure-themed fund said.
  • 31 convicted over Indian train blaze in 2002
    An Indian court yesterday convicted 31 people on conspiracy and murder charges over a deadly train fire in 2002 that triggered anti-Muslim rioting in which 2,000 people were killed.

The Business Timesweb site
Shipping News
  • Storm threat holds up Aussie iron ore exports
    A cyclone bearing down on Western Australia yesterday has left iron ore shipments from the world's top exporter at a near standstill as ports shut ahead of the storm.
  • Frontline chalks up bigger-than-expected Q4 loss
    Frontline Ltd, the world's biggest supertanker operator, may return to profit this quarter after its biggest loss since 2002 as oil demand from China curbs a glut of vessels that sent freight costs to a 13-month low.
  • Baltic Exchange index falls for first time in 2 weeks
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell on Monday for the first time in two weeks as cargo activity slowed and vessel availability increased.
Strait Talk
  • Indian Ocean turning into Wild West
    IT is only a month or so since piracy last featured in this column, but since then what was already an incredibly bad situation has got evenÂ' worse. A seafarer on board the multi-purpose ship Beluga Domination was murdered in cold blood by gang members in retaliation for the death of one of them after an unsuccessful rescue attempt by the Seychelles Coast Guard. Two other crew members are missing following the same incident, presumed dead.
Shipping Times
  • China rail sector offers growth opportunities
    Europe's fifth-biggest fund manager, DWS, sees China's rail sector as offering major growth opportunities for investors within the infrastructure sector, a manager of its infrastructure-themed fund said.
  • 31 convicted over Indian train blaze in 2002
    An Indian court yesterday convicted 31 people on conspiracy and murder charges over a deadly train fire in 2002 that triggered anti-Muslim rioting in which 2,000 people were killed.

Sched Netweb site
  • CKYH to drop Panama for Suez in new Asia-USEC AWE-6 loop
  • CSAV-CSCL to offer Far East-USEC loop via Panama March 21
  • Cosco and Hanjin to launch Far East-USWC loop in May
  • Maersk orders ten 18,000-TEU ships expects to buy another 20
  • South African trucks back on the road as strike ends
  • Singapore wins Maersk drilling orders for jack-up rigs
  • Kerry Logistics buys Hong Kong school meal catering firm
  • Rotterdam port induced to cut emissions to avoid eco-lawsuit
  • Damco to transport potash exports from Jordan
  • Hong Kong to hold Air Freight Asia Expo March 8-10
  • Atlas Air expects best to come as 2010 profits rise 102pc
  • ESC tells shippers be more active in handling air cargo services

Exim Indiaweb site
  • Tulsidas Khimji implements Logi-Sys for international logistics
  • Freight forwarders seek value before accepting e-freight
  • Railways' stringent new PPP norms could drive away investors
  • FDI inflows dip 22 pc to $ 21 bn in '10
  • Rangarajan panel projects 9 pc growth ahead, advocates stimulus withdrawal, GST rollout
  • FM stresses on tax info pact at G20 meet
  • JNPT Chairman inaugurates KMA's management week celebrations
  • Two-way ticket to excellence

International Transport Journalweb site
FEBRUARY 22, 2011
  • Damco office in port of Le Havre fully operational
    Damco's new office in the port of Le Havre (France) has given the company a good chance of competing against other forwarders in the area. The Le Havre branch is Damco's third one ...
  • Ferrovial concludes sale of Swissport to PAI Partners
    The sale by the Spanish enterprise Ferrovial of Swissport to the French private equity firm PAI Partners, originally announced on 2 November 2010, was formally concluded on schedul...
  • Gist signs five-year contract with meat producer Tulip
    The enterprise Tulip, a British supplier of quality pork, bacon, sausage and cooked meat products to the retail and wholesale sectors, has awarded a contract to the British logisti...
  • Yangtze River Express with first Qingdao intercontinental cargo link
    The Yangtze River Express Airline, a cargo carrier based at Shanghai's Hongqiao international airport, launched a thrice-weekly Shanghai Pudong-Qingdao-Los Angeles-Shanghai service...
  • Itella reports difficult year
    Finland's Itella Group has reported that 2010 was a difficult year for the company. Net sales for the year totalled EUR 1.84 billion, registering an increase of 1.2% from the previ...
  • Swiss forwarder Laible now AEO certified
    The Schaffhausen-based Swiss freight forwarder Laible was recently certified as an authorised economic operator by the Swiss customs authorities. Laible fulfilled all the necessary...
  • Manila airport to issue tender for new international cargo terminal
    The Filipino government is set to issue a tender for the construction an international cargo terminal at Ninoy Aquino international airport, one of two airports serving greater Man...
  • Ferrovia della Stato authorised to take over Arriva Germany
    The Italian state railway Ferrovia della Stato (FS) and the investment fund Cube have been given permission to take over Arriva Germany by the EU Commission. (ben)
  • Major Volvo trucks order in Brazil
    Volvo do Brasil has signed a sales agreement for 233 trucks with Reiter Log, a logistics operator based in Porto Alegre, Brazil. Reiter Log will acquire 183 Volvo VM and 50 Volvo F...
  • Norfolk Southern increases railway operating revenue
    Norfolk Southern's Q4/2010 results show that the company benefited from a USD 34 million change in estimate, affecting deferred income taxes. Net income for 2010 was USD 1.5 billio...
  • Ceva launches cross-border roadfreight solution in Asia
    Ceva Logistics has launched a cross-border roadfreight solution in Southeast Asia, providing an integrated and cost-effective solution for customers. Ceva now offers a rapid seamle...
  • Better national roads in Romania
    The Austrian construction company Strabag has signed contracts worth EUR 106 million to renew national roads DN14 and DN15A in Romania. The project encompasses broadening and exten...
  • UK: new Felixstowe box terminal gearing up for operations
    The port of Felixstowe (UK) has begun tests at a new deepwater container terminal (berths 8 and 9). The "CSCL Star", the first of five new ultra-large containerships...
  • "CSCL Star" first of eight megaships to sail for CSCL
    The 14,100 teu "CSCL Star" is the first in a series of eight ultra-large container ships (ULCS) being built for China Shipping Container Lines in the South Korean Samsung...
  • Maersk Line orders largest and most efficient containerships
    Maersk Line has signed a contract with South Korea's Daewoo Shipbuilding and Marine Engineering Company to build ten of the world's largest and most efficient vessels, with an opti...

Marine Logweb site
FEBRUARY 22, 2011
  • Cohen to keynote Marine Log's Offshore Alternatives 2011
  • Somali pirates murder four American hostages held on S/V Quest
  • Maritime Cabotage Task Force now American Maritime Partnership

World Wide Shipperweb site
FEBRUARY 22, 2011
  • Port Metro Vancouver joining CP in new collaboration agreement
  • BNSF Railway spending $3.5 billion on capital program
  • Hamburg Sud christens new 7,100 teu container ship
  • Maersk Line eyes orders for up to 30 new container ships
  • Carriers plan to offer new Asia/South American run

Lloyd's Listweb site
FEBRUARY 22, 2011
  • VLCCs next to turn to super-slow steaming to cut costs
    Maersk identifies savings of $22,000 daily on ballast leg of voyage
  • Capesize rates down as iron ore ports struck by cyclone
    Brokers report collapse in Chinese market as storms prevent tonnage from leaving Australia
  • Diana avoids Korea Line charters
    Dry bulk owner Diana Shipping published a full list of charterers of its fleet of 23 vessels along with its fourth quarter results today, as more companies were identified as having ships exposed to a South Korean shipping operator in receivership
  • Aframax rates to fall if Libyan crude exports disrupted
    Reports of disruption to oil production in Libya may have pushed up oil prices, but aframax brokers left manning the fort during traditionally slack International Petroleum Week were resolutely refusing to panic
  • Demand for soy-oil sees exports rise by 38%
    Soybean-oil exports jumped to a record in the October-January period as shipments of rival palm oil decreased
  • US aware of Gaddafi ship interests
    Libya's home-based shipping industry effectively under the sway of Gaddafi family, leaked cables reveal
  • Container shipping halted at Libyan ports
    Domestic turmoil in Libya has rendered the country's box ports too dangerous for commercial shipping to call at
  • Oil exports hit by Libya uprisings
    Southern Europe most vulnerable to prolonged disruption in supplies
  • Port operations continuing despite political unrest
    Any disruption at Libya's ports is likely to have a negative impact on aframaxes rates
  • Maersk bullish on Asia-Europe prospects
    Transhipment will lessen impact of 18,000 teu ships on trade route
  • Save the seafarer: why you need to fight piracy
    A delegation from the Mission to Seafarers travelled to Mombasa earlier this month to find out how seafarers were coping on the front line of the battle against piracy
  • Turmoil in Libya could drive up oil prices further
    Fears that the political problems could spread and hit output throughout the Middle East is pushing prices higher
  • Reefership fightback starts here
    Container lines, with their sophisticated modern reefer boxes, claim reefership operators are past their sell-by date
  • Reasons to lose sleep
    Any disruption to oil production in Saudi Arabia would have profound implications for the global economy and trade as well as the tanker market
  • Stahlmann quits post at MAN Diesel & Turbo
    Chief executive stands down as prosecutor's office in Munich confirms it is investigating charges of bribery against him
  • Somali pirates kill US hostages
    Four US citizens on hijacked yacht killed while US military captures pirates
  • Star Bulk reveals Korea Line exposure
    Says Asian operator owes $1.1m
  • Frontline upbeat on VLCC market outlook
    Posts net profit of $161.4m for 2010
  • Currency loss hits d'Amico 2010 results
    Posts 2010 net loss of $20.5m but tanker operator upbeat on long term outlook
  • Giant boxships may recast other routes too
    Big ships, like those on order for Maersk, will impact on other trades, say analysts
  • Dark clouds mass around P&I sector's silver lining
    Clubs have reported record levels of free reserves and investment returns look healthy, but the outlook is not bright for everyone
  • The Standard tops off a busy year with breakeven result on underwriting
    Marine mutual's entered tonnage for 2010-2011 was up by around 9% over the previous policy year
  • Arrival of the 18,000 teu giants is set to create a huge risk
    The prospect of up to 20 of the huge boxships up for insurance in the next 10 years has done little to comfort the marine market
  • Ruling clarifies perils of the sea and inherent vice
    The controversial 2004 Mayban judgment has been rejected in a ruling that makes a significant clarification of the law
  • Disturbing programmes
    EU's funding of Motorways of the Seas projects appears to be a case of giving with one hand and then taking a lot more with the other
  • Bulker orders propel Cosco Corp profit
    Net profit for 2010 more than doubles to $195m on back of 31 bulk carrier orders
  • Lyttelton port closed after earthquake
    Inchcape Shipping Services says extent of damage to the facility is unknown
  • Charter cover helps buoy Diana
    Dry bulk owner posts 17% rise in fourth quarter net profit to $32.3m
  • Kirby unveils $270m United Holdings buy
    Purchase of engine distributor dictated by recovery in shale gas in US

Fairplayweb site
FEBRUARY 22, 2011
  • BDI's new trend is down
    THE BDI'S down trend solidified today after yesterday's halt to a 10-day rally, according to figures published by the Baltic Exchange
  • Diana poised for bulker buys
    CASH-RICH Diana Shipping today predicted that "extremely challenging" drybulk market conditions will facilitate its acquisition plans this year
  • Fog closes Houston channel
    ABOUT 60 ships are waiting to enter or leave the Houston ship channel, which remains closed due to fog, Fairplay was told today
  • Independent Tankers warns on VLCCs
    INDEPENDENT Tankers has warned that uncertainty surrounding two VLCCs could affect its future financial results
  • Euroseas forecasts box upside
    NASDAQ-listed Euroseas today predicted that pending charter renewals for its container fleet should buoy rates in 2011 after a "difficult" 2010
  • NZ quake causes 'utter devastation'
    THE NEW Zealand South Island port of Lyttelton is believed to have sustained significant damage today after being hit by a second major earthquake in six months
  • Russia scrutinises BP drilling plan
    RUSSIA'S plan could be under threat to link government-owned oil producer Rosneft with BP in a multibillion-dollar joint venture to seek oil in the Kara Sea
  • German forwarders acquire companies
    GERMAN freight-forwarding group Dachser & Geis is adding new cargo flows through strategic acquisitions in Central Europe and South Africa
  • Grieg unit taken over
    NORWAY's shipping and maritime services group Grieg has sold its freight-forwarding unit to Panalpina of Switzerland
  • Yangzijiang's profits rise
    YANGZIJIANG, one of China's biggest privately owned shipyards, said today its 4Q2010 gross profits jumped 27% year on year to 856.7M yuan ($130.2M)
  • Frontline falls after posting losses
    SHARES in tanker owner Frontline dropped in Oslo this morning after the company reported that it had sunk to losses in the fourth quarter
  • EC to spend most on Baltic shortsea plans
    THREE Baltic schemes will be getting most of nearly €85M ($115.3M) that the EC has allocated for European shortsea projects
  • Brokers see Handysize spot demand rise
    BROKERS in Singapore told Fairplay today Handysize owners are going for spot bookings rather than period charters this month
  • Hoe Leong profits jump 120%
    SINGAPORE tanker owner and offshore shipping company Hoe Leong has said its FY2010 net profits were S$11.86M ($9.29M), up 120% year on year
  • Weak box rates defied
    BROKERS in Shanghai told Fairplay today long-haul box rates from China are dropping, but the trend has not stopped liners from starting new services

The Journal of Commerceweb site
FEBRUARY 22, 2011
  • CSX Opens New Ohio Intermodal Hub
    CSX Transportation began operating the big new intermodal terminal it built at North Baltimore, Ohio, near Toledo, which will be...
  • Crude Oil Surges on Middle East Unrest, Diesel Edges Up
    Political turmoil in the Middle East threatened world supplies of oil and pushed the price of crude oil up 6...
  • Chairman of $1.8 Billion Werner Enterprises to Retire
    Clarence L. Werner, the founder of Werner Enterprises, is stepping down as chairman of the $1.8 billion trucking company. Werner,...
  • Hamburg Sud Christens Large Container Ship
    German ocean carrier Hamburg Sud on Monday christened the Santa Isabel, the second of 10 sister ships, each with a...
  • Norfolk Southern Orders 1,500 Coal Cars
    Norfolk Southern Railway is ordering 1,500 high-capacity coal hauling railcars from FreightCar America, in an order valued at more than...
  • US Rail Lines Cut Jobs in January
    The seven major freight railroads reduced employment on their U.S. lines by 1,096 workers from mid-December to mid-January, the second...
  • Logistics Real Estate Demand Swings Up
    The decline in vacancy rates for logistics real estate will accelerate this year as resurgent demand outstrips slow growth in...
  • Expeditors Fourth Quarter Profit Soars 40 Percent
    Expeditors International of Washington boosted its net profit 40 percent in the fourth quarter to $96.5 million, capping a strong...
  • New Zealand Quake Shuts Lyttelton Port
    New Zealand's Lyttelton port closed after a 6.4 magnitude earthquake hit Christchurch, the nation's second largest city. The port,...
  • Vancouver, Canadian Pacific Agree on Performance Plan
    Port Metro Vancouver and Canadian Pacific Railway unveiled a "collaboration agreement" they say should improve productivity and reliability in moving...
  • Hapag-Lloyd Eyes IPO
    Hapag-Lloyd is aiming for an initial public offering in Frankfurt in mid-April with a target valuation of the company close...
  • Consumer Confidence Hits Three-Year High
    Consumer confidence hit a three-year high in February despite continuing concern about jobs, a business research group said. The...
  • FMCSA's Ferro on Regulatory Trucking Safety Initiatives
    FMCSA Administrator Anne Ferro discusses three significant motor carrier safety initiatives. JOC safety coverage: FMCSA's Ferro Defines Broad Safety...
  • CMA CGM Gets Into the People Cargo Business
    CMA CGM is handling a new cargo on its giant container ships'people. The world's third-largest container line said Tuesday...
  • FMCSA's Ferro Defines Broad Safety Strategy
    The Federal Motor Carrier Safety Administration is pursuing a three-pronged strategy to truck safety as it tries to drive truck...
  • Managers Plan Buyout of Trucking's US 1
    The top management of U.S. 1 Industries plans to acquire the trucking operator, spending about $10 million to buy out...
  • BAA Narrows Loss, Cargo Revives
    BAA, the owner of London's Heathrow and Stansted airports, sharply narrowed 2010 losses from the previous year as cargo surged. ...
  • Hamburg Sud, CCNI Connect Vancouver-Le Havre
    Hamburg Sud and Chilean ocean carrier CCNI started direct service between the West Coast of North America and Le Havre...
  • Panalpina Buys Norwegian Logistics Company
    Panalpina acquired Norway's Greig Logistics to broaden its coverage of the North Sea oil and gas sector. The Swiss...
  • CSAV, China Shipping Add All-Water Route
    CSAV and China Shipping plan to add a shared all-water service linking Asia and the U.S. East Coast via the...
  • Ship Lines Face Overcapacity, SeaAxis Reports
    Container shipping lines remain threatened by overcapacity that will peak soon before diminishing later this year as trade volume rises,...
  • Port Tracker Forecasts Slowing Europe Volume
    Container volume at all European ports will grow at moderate rates this year, though slower than in 2010, according to..

Containerisation Internationalweb site
FEBRUARY 22, 2011
  • Carriers back in the black, but for how much longer?
  • Maersk's Triple-E class not so cool
  • Mystery of Eimskip boxship grounding
  • US yacht seized by pirates
  • CKYH to overhaul Transpac and Far East/Europe services

TradeWindsweb site
FEBRUARY 22, 2011
  • Diana plots expansion
    Greek bulker owner inspects 25 ships as it launches quest to acquire tonnage on the heels of profitable fourth quarter, CFO says.
  • ADR eyes US 'ghost fleet'
    Allied Defense Recycling sets up shop on US West Coast as MarAd steps up pace of scrapping scheme.
  • Green Reefers in recycling loss
    Oslo-listed shipowner loses out in recycling deal tied to elderly reefer in need of "major upgrades".
  • GC fixes Polar King
    Oslo-listed offshore owner seals time charter for construction-support newbuilding on order in Spain.
  • Quest killings up the ante
    Killing of four American yacht crew in botched rescue attempt could force wider US response.
  • FRO's price prediction
    CEO Jens Martin Jensen tips modern asset values to hold up and suggests supply and demand imbalance will not be so bad.
  • Pemex calls on Cal Dive
    US subsea contractor poised to pocket $24m as state-controlled energy giant sinks its teeth into Gulf of Mexico gig.
  • Star stuck in KLC saga
    Greek bulker owner's new CEO vows to "vigorously pursue" $1.1m worth of charter payments racked up by Korea Line Corp.
  • WSF sell duo
    1989-built Skagit and Kalama off for new life in Tanzania as US owner gets rid.
  • Libya turns off tap
    Oil terminals and other ports shut down as violence and unrest spread on Tuesday.
  • Pirates shoot US crew dead
    Pirates kill bible-delivering American crew of yacht hijacked in Indian Ocean last week, US Navy role unclear.
  • Concordia sees weakness
    Hans Noren-led Swedish tanker owner says markets to remain low this year but improvement coming as it returns to black.
  • Tina refloated off Germany
    Small cargoship pulled off beach at high tide on North Sea island of Juist.
  • Twisted again
    Rhein Maas's RMS Twisteden damaged in German collision six months after wheelhouse crushed hitting bridge.
  • Frontline slumps to a loss
    Fredriksen-controlled tanker giant slides into the red in the fourth quarter on weaker rate environment.

American Shipperweb site
FEBRUARY 22, 2011
  • Damco opens Le Havre office
    Damco, the logistics and freight forwarding division of the A.P. Moller - Maersk Group, has opened a new office in the Port of Le Havre in France. The new office is Damco's third office in France aside from its main branch in Lezennes and Dunkirk....
  • Panalpina buys Norwegian logistics company
    International logistics and freight forwarding company Panalpina said Tuesday it has acquired Norwegian logistics company Grieg Logistics for an undisclosed sum, subject to approval from Norwegian competition authorities. Grieg Logistics was estab...
  • Great Lakes iron ore shipments up sharply
    The Lake Carriers' Association said iron ore shipments on the Great Lakes totaled 3 million net tons in January, a 60 percent increase compared to a year ago. Loadings were also 20 percent ahead of the month's five-year average. The association sai...
  • Halifax airport to extend runway
    Canada''s federal government and the province of Nova Scotia said Monday they would invest $14 million to extend the main runway at Halifax Stanfield International Airport from 8,800 to 10,500 feet. The longer length will allow the airport to handl...
  • CSAV says volumes continue to grow
    Chilean container shipping company CSAV said its January container volume was 295,600 TEUs compared to 189,100 in January 2010, and the company's highest monthly in three years. However, freight rates fell. Using an index that pegs average contain...
  • Hamburg Sud takes delivery of 7,100-TEU ship
    Liner carrier Hamburg Sud said Tuesday it has received the second of 10 7,100-TEU vessels from South Korea's Daewoo Shipbuilding & Marine Engineering Co. TheSanta Isabelwill go into service on Hamburg Sud's New Good Hope Express loop connecting As...
  • Europe container traffic sees moderate growth
    Import and export deep sea container volumes this year across Europe are expected to rise, albeit more slowly than in 2010, said the latest issue ofGlobal Port Tracker: North Europe Trade Outlook.The report was released Monday by Hackett Associate...
  • U.S. budget 'a mixed bag' for ports
    The American Association of Port Authorities is calling President Obama''s proposed fiscal 2012 budget a "mixed bag" for the nation''s seaports, applauding plans for a national infrastructure bank that could fund road and rail projects in ports, b...
  • CMA CGM offering cargo cruises
    CMA CGM is offering vacationers the ability to ride on their containerships, including its new 13,800-TEU behemoths.CMA CGM Christophe Colomb Photos ' Thierry Dosogne The French carrier said it had 690 passengers take cruises on its containerships ...
  • March Cover Story

The Scandinavian Shipping Gazetteweb site
FEBRUARY 22, 2011
  • Concordia logs SEK 80 million profit
    Swedish Concordia Maritime reports a SEK 80 million result after tax in 2010, compared to a SEK -81 million loss in the previous year. The net turnover is SEK 513
  • NordöLink and FinnLink to swop vessels
    Finnlines rearranges its tonnage on its ferry routes between Sweden and Germany and Sweden and Finland. After two years on the NordöLink service between Malm' and Travem'nde the ro-pax
  • Maersk Line orders largest vessels ever
    It's now official that Maersk Line has placed an order of ten 18,000 TEU container vessels at Daewoo Shipbuilding & Marine Engineering for delivery 2013'2015. The vessels, Triple'E class
  • Laid up coaster sold to Norway
    The laid up coaster Dantic has been sold to a Norwegian buyer and is now underway to Kopervik in tow by the Danish tug Vitus. Dantic, which has been laid

The Bunker Bulletinweb site
FEBRUARY 22, 2011
  • Dubai supports emission trading programme
    UAESA 'fostering a better understanding of the maritime sector efforts to minimise the industry's environmental footprint.'
  • Fujairah market firms
    The bunker market is tight for prompt avails in Fujairah.
  • Prices up by double-digits in key ports
    Bunker prices rise on the back of crude oil futures, which hit two-and-a-half-year highs.
  • Expansion of Gibraltar's bunkering area still being assessed
    'Stringent measures' would be put in place to address environmental concerns, port official tells Bunkerworld.
  • Industry shake-out reveals winners and losers
    Bunker industry 'that has embraced excellence and best practices' will emerge from crisis, says WFS CEO Paul Stebbins.
  • Eniram releases study into improving vessel efficiency
    136 day study onboard 5,500 TEU container vessel identifies up to 6.8% fuel savings potential and $160,000 reduction in bunker costs.
  • Bunker prices surge at key ports
    Demand for bunkers generally low at major Asian ports on Tuesday.
  • Singapore ship chandlers and bunkering trade down in Q4
    The sector registers marginal decreases in both domestic and foreign wholesale trade.
  • US barge operator ups projected earnings on acquisitions
    Raises 2011 net earnings by up to $0.25 per share following the acquisitions of United Holdings and Enterprise.
  • Fuel saving system to harness solar, wind power
    System will transform vessels into 'part solar ships and part sailing ships', says Japanese technology firm.
  • Indian refiner sells 380 cSt parcel at lower premiums
    In line with improving supplies in Asia as Western inflows improve.

›››File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
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
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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