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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
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
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
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
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
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
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
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 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
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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