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12 January 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
October 26, 2011
The Business Timesweb site
Shipping News
  • Thoresen Shipping shifts front office to Singapore
    THE dry bulk unit of Thoresen Thai Agencies has relocated its commercial front office from Bangkok to Singapore to be closer to its trading house customers, most of which have regional head offices here. It will up its headcount from two to seven in Singapore, while its Bangkok back office keeps its 90-strong operations team.
Strait Talk
  • ICS study raises questions about training
    IT IS said that more than 70,000 vessels transit through the Malacca and Singapore Straits in a year. That works out to over 150 a day and I do not know whether that figure includes every tug and barge set, to say nothing of every fishing boat and perahu that weaves its often erratic way along and across this strategically important international waterway.
Shipping Times
  • L&T relooks viability of India rail project
    LARSEN & Toubro Ltd, due to build and run a railway in the Indian city of Hyderabad, said it may have to 're-look' the viability of the 141.3 billion rupee (S$3.6 billion) project because of hold-ups in acquiring land.

The Business Timesweb site
Shipping News
  • Thoresen Shipping shifts front office to Singapore
    THE dry bulk unit of Thoresen Thai Agencies has relocated its commercial front office from Bangkok to Singapore to be closer to its trading house customers, most of which have regional head offices here. It will up its headcount from two to seven in Singapore, while its Bangkok back office keeps its 90-strong operations team.
Strait Talk
  • ICS study raises questions about training
    IT IS said that more than 70,000 vessels transit through the Malacca and Singapore Straits in a year. That works out to over 150 a day and I do not know whether that figure includes every tug and barge set, to say nothing of every fishing boat and perahu that weaves its often erratic way along and across this strategically important international waterway.
Shipping Times
  • L&T relooks viability of India rail project
    LARSEN & Toubro Ltd, due to build and run a railway in the Indian city of Hyderabad, said it may have to 're-look' the viability of the 141.3 billion rupee (S$3.6 billion) project because of hold-ups in acquiring land.

The Business Timesweb site
Shipping News
  • Thoresen Shipping shifts front office to Singapore
    THE dry bulk unit of Thoresen Thai Agencies has relocated its commercial front office from Bangkok to Singapore to be closer to its trading house customers, most of which have regional head offices here. It will up its headcount from two to seven in Singapore, while its Bangkok back office keeps its 90-strong operations team.
Strait Talk
  • ICS study raises questions about training
    IT IS said that more than 70,000 vessels transit through the Malacca and Singapore Straits in a year. That works out to over 150 a day and I do not know whether that figure includes every tug and barge set, to say nothing of every fishing boat and perahu that weaves its often erratic way along and across this strategically important international waterway.
Shipping Times
  • L&T relooks viability of India rail project
    LARSEN & Toubro Ltd, due to build and run a railway in the Indian city of Hyderabad, said it may have to 're-look' the viability of the 141.3 billion rupee (S$3.6 billion) project because of hold-ups in acquiring land.

Sched Netweb site
  • NYK follows 'K' Line and MOL to forecast larger loss in second quarter ending Sep 30
  • Pinxiang Integrated Bonded Area opens to boost ASEAN trade development
  • Ningbo port's third quarter container volume up to 4.18 million TEU
  • Alanshankou customs August cargo flow up 6.2pc with Kazakhstan
  • MSC to adjust bunker rates with effect from November 3
  • UN's Basel 'toxic' waste shipping ban moves closer to implementation
  • MSC brands its second Far East-west coast South America string as 'Alpaca'
  • MOL comes to the aid of flood victims in Thailand
  • NYK Group to provide aid to flood victims in Thailand
  • Cargo volume at HKIA drops in September
  • HNA and Bravia Capital acquires Turkey's ACT Airlines
  • Air freight throughput at Changi edges up 2.2 pc in September

International Transport Journalweb site
OCTOBER 25, 2011
  • New cranes for Yucatan container terminal
    The Yucatán container terminal, which is owned by Spain's Grup TCB, has acquired three new cranes for about EUR 700,000. The Linde reach-stackers have started operations and brough...
  • Fesco introduces Tacoma-Vladivostok service
    Fesco Russian Pacific Line (part of the Fesco Group), has added Tacoma to its network by introducing a fortnightly service to Vladivostok and all points in the Russian Far East. Th...
  • Russian and Slovak railways to cooperate
    Russian Railways and the Railways of the Slovak Republic have plans to cooperate. A corresponding memorandum of cooperation was signed recently to facilitate the development and up...
  • AA Cargo celebrates 20 years at London Heathrow
    American Airlines Cargo (AA Cargo) last week celebrated 20 years of flying directly between London Heathrow and the USA, holding a reception for its key cargo customers. AA Cargo w...
  • New IT system for world's largest air cargo terminal
    Hactl's SuperTerminal 1 - the world's largest independent air cargo handling facility - will operate with a new cargo management system from December, following three years of deve...
  • Panalpina is Cargo 2000 phase 1 certified
    The Basel-based logistics provider Panalpina is now Cargo 2000 certified for phase 1. Cargo 2000 is an industry initiative in three phases that aims to implement a quality manageme...
  • Daimler Trucks North America to ramp up truck output
    Daimler Trucks North America plans to ramp up production of Western Star heavy-duty trucks at its plant in Portland OR, for which it will add a second shift. The increase in produc...
  • Martin Gauss new CEO of airBaltic
    The supervisory board of the Latvian national airline airBaltic has appointed Martin Gauss as its new CEO and chairman of the executive board, with effect from 1 November. He has 2...
  • New Fiat Ducato model on sale
    After three decades of production and five generations, a new model of the Fiat Ducato, one of the most popular commercial vehicles, is going on sale. The three power outputs from ...
  • Dachser USA opens Dallas branch
    Dachser USA, a subsidiary of the German logistics services provider Dachser, has opened a new branch in Dallas TX, to take the growing import and export business in northern Texas ...
  • Yusen Logistics renews contract with Kingfisher
    Service provider Yusen Logistics has renewed and extended a contract to manage Kingfisher's European imports. Adding to an existing contract's origin points in northern and souther...
  • Delice de France contracts Norbert Dentressangle in UK
    The French transport and logistics group Norbert Dentressangle has signed a new temperature-controlled warehousing contract with the baked goods manufacturer Delice de France in th...
  • UIRR endorses EU Commission energy taxation proposal
    The International Union of Combined Road-Rail Transport Companies (UIRR) has endorsed the EU Commission's proposal which envisages several positive amendments to a European directi...

Marine Logweb site
OCTOBER 25, 2011
  • Matson moves to reassure Horizon Line's Guam cusomers
  • MARAD/SOCP to hold anti-piracy demonstration in Boston
  • Thordon Bearings names George Morrison Area Sales Manager for Western Europe
  • BMT Argoss and International Paint partner to deliver measurable hull coatings performance
  • BBC Chartering adds SkySails equipped multipurpose vessel to fleet
  • Horizon Lines to discontinue trans-Pacific service

World Wide Shipperweb site
OCTOBER 25, 2011
  • Horizon Lines announces plans to end Trans-Pacific container service
  • Port of Tacoma slates meetings to discuss 2012 business plans
  • Coast Guard Auxiliary unit plans Garibaldi haunted house
  • VIPs celebrate first project at Grays Harbor business incubator
  • NYK cruise ship honored with three Travel Weekly awards

Lloyd's Listweb site
OCTOBER 25, 2011
  • SITC numbers reflect stable intra-Asia trade
    Tepid earnings results of boxline specialist have obscured its solid focus on regional growth
  • Solvency II risk strategies raise concerns over capital requirements
    Regulators' view of risk and investment strategies remains key issue
  • Pause in dry bulk asset values' decline
    Baltic Exchange reports all major vessel prices plateau for first time in more than a year
  • Court of Appeal throws up exceptions to freezing orders
    Distinction drawn between party in enforcement of arbitration award and judgment debtor post-judgment
  • Panamax period charter volumes hit seven-month high in October
    Increased short-term contracts coincide with improved charter rates
  • Salvage industry would fail to cope with major casualty
    Salvage insiders plead for greater investment as shipping evolves
  • Shipowners' Club members to see no general premium increase in February
    P&I club reports free reserves of $210m and says investment returns have been healthy
  • London P&I clubs risk being made history
    A sense of drift, decay, indecision and ineffectual governance has permeated parts of the UK P&I industry
  • Backhaul gasoil trade keeps rising
    Europe expected to increase imports of US diesel
  • Rising South American demand boosts product tankers
    Brazil's thirst for middle distillates set to increase as World Cup and Olympics loom
  • Owners feel pinch as US gasoil imports slump
    Fewer product tankers trading on TC2 Europe to US Atlantic route
  • Modern Istanbul carves an expansionary path
    Turkey's shipowners have invested heavily in newbuildings and have extensively modernised their fleets
  • North Sea aframaxes rally falls away
    Rates drop dramatically as activity in Atlantic basin slows and owners offer discounts
  • Slumping secondhand prices trigger $56m impairment at DHT Holdings
    Tanker company makes voluntary pre-payment of $24m to remain in compliance of covenants
  • Cargotec and Rosmorport form alliance
    Increased automation for Russian ports
  • Rising cargo volumes heading to Asia boost broker's fixture activity
    Braemar Seascope benefiting from Chinese and Indian dry bulk and oil demand but commissions stay low on poor charter rates
  • Conti makes co-operation work with Korea Line
    Shipowner and insolvent bulk operator maintain charters
  • Horizon Lines quits Pacific trades
    Falling freight rates lead to $44m loss on Asia-US route since January
  • Box lines warned against underestimating inventory levels
    Manufacturing and retail inventories have risen significantly, says Macquarie
  • Pirates release Iceberg 1
    Ro-ro held since March 2010 freed
  • Ferry operators warn over sulphur limits
    Ultra-low emissions limits will place $6bn burden on industry
  • Dutch courage
    ABN Amro's plan to hike its shipping portfolio does not change overall squeeze on lending
  • Orders at China's yards fall 43% year on year
    Deals lost at the expense of this year's migration back to South Korea
  • DP World volumes up in third quarter
    Liftings rise 10% on previous year
  • Braemar bank balance hit by overtonnaged shipping markets
    Group sees broking business' interim period operating profit halved
  • WEM bulk carrier seized in Singapore
    Bunker supplier claims $1m is owed
  • Qatar Navigation profits dive
    Fall in net income follows one-off gain from Qatar Shipping acquisition
  • Delayed finale
    When the freight trades picked up last year, there was a widespread assumption that the worst was over. Not so
  • Courage Marine lands supramax newbuilding
    Purchase for $27m is from a small Chinese yard owned by a steel producer

Fairplayweb site
OCTOBER 25, 2011
  • Piracy hijackings down
    PIRACY has risen to record levels, with Somali pirates behind 56% of the 352 attacks reported this year, according to the IMB
  • SeaFrance stymied for legal hearing
    CALAIS/Dover SeaFrance sailings are at a standstill today because the group's workers downed tools to journey to Paris for a key court session
  • Storm threatens gulf oil
    HURRICANE Rina is gaining strength today in the Western Caribbean, with a storm analyst warning it could shut in nearly 9.7M barrels of oil in the Gulf of Mexico
  • Sub-Panamaxes boxed in
    BROKERS told Fairplay today charter rates are plunging for sub-Panamax box ships because their slot costs are rising relative to expenses for bigger vessels
  • VLCCs east of Suez are north of breakeven
    BROKERS told Fairplay today VLCC rates east of Suez have finally peeked above breakeven as crude demand rises, heading into winter
  • Conti cuts newbuildings
    GERMAN KG house Conti Reederei has pruned back its bulker newbuilding programme
  • End-buyers rule breaking
    BREAKING markets are expected to be driven down this week by the continuing uncertainty over Bangladesh's recycling sector
  • Box rates fall below '09
    FREIGHT rates in the Far East/North Europe box sector have dropped into negative territory, lower than in 2009, a sector consultancy has warned
  • Frontline hunts new buyer
    FRONTLINE has placed two Suezmaxes on sale, Fairplay has learned
  • BSS's half-year profits drop
    BRAEMAR Shipping Services has blamed a weak shipping market for its fall in half-year profits
  • Greece, China sign trade deal
    ATHENS and Beijing have signed a trade deal that calls for increased Greek exports to China
  • NOL could lose $242M
    SINGAPORE'S securities group DBS Vickers expects losses for liner NOL will be $100M worse than previously estimated
  • Horizon pulls trans-Pacific plug
    HORIZON Lines will cease its FSX trans-Pacific service on 2 November and lay up all five box ships chartered from NYSE-listed Ship Finance International
  • Samudera's profits drop 37.8%
    HIGHER costs have deflated the profits of Indonesia's Samudera Shipping Line by 37.8% year on year for 3Q2011
  • Fire hits loading at Dalrymple Bay
    DAMAGE from last week's fire at the Dalrymple Bay Coal Terminal will slow ship loading until early December, IHS McCloskey reported today

The Journal of Commerceweb site
OCTOBER 25, 2011
  • CN Launches Large Share Buyback Program
    The board of directors at Canadian National Railway authorized the company to buy back up to 17 million shares of...
  • CN Profit Jumps 19 Percent on Record Loads
    Canadian National Railway's profit rose 19 percent to $648 million (C$659 million) in the third quarter from a year ago,...
  • HNA Buys Turkish Air Cargo Operator, Expands Fleet
    HNA Group bought a Turkish air cargo operator and will add up to 15 freighters over the next two years,...
  • Mica Coy on Congressional Response to HOS Ruling
    House Transportation and Infrastructure Committee Chairman John Mica said he's not ready to say how Congress will "aggressively oversee any...
  • UPS Slashes Asia Capacity 10 Percent
    UPS cut its air capacity out of Asia 10 percent during the recent third quarter amid a deep slowdown in...
  • Intra-Asia Ocean Carrier's Profit Falls 40.5 Percent
    Intra-Asia operator Samudera Shipping Line saw its third-quarter profit fall 40.5 percent year-over-year to $3.9 million, as rising operating costs...
  • Asia Exports Slide at NYK Line
    Japan's NYK Line says container volume from Asia to the United States and Europe fell 10.2 percent from September to...
  • Mica Backs Highway Bill as Jobs Measure
    House Transportation and Infrastructure Committee Chairman John Mica says a proposed six-year, $285 billion transportation plan will "be the core...
  • Alphaliner Says Some Asia-Europe Rates Below Zero
    Container freight rates on the Far East-North Europe spot market have dropped below zero after stripping out bunker surcharges, and...
  • UPS Profit Growth Slows on Flat Volume
    UPS reported a 5.1 percent gain in net profit in the third quarter on Tuesday, to $1.04 billion, as pricing...
  • Lufthansa Cargo Workers Strike Against Flight Ban
    Lufthansa Cargo employees walked off the job at Frankfurt airport Tuesday to protest a temporary ban on night flights at...
  • Used Commercial Truck Sales Rise in September
    Used truck sales bounced back in September after an extended slump during the summer, according to commercial vehicle research group...
  • CP Profit Falls 5.3 Percent as Intermodal Shrinks
    Third-quarter profit fell 5.3 percent at Canadian Pacific Railway to $184 million (C$186.8) million, as it lost 10.1 percent of...
  • Paccar Hits $4.26 Billion Quarterly Sales Record
    Truck manufacturer Paccar reported the highest quarterly revenue in its history as U.S. truck operators raced to replace aging heavy...
  • Ryder System Profit Up 44 Percent
    Ryder System increased net profit 44 percent from a year ago to $56.9 million as acquisitions and organic growth boosted...
  • EU Trust Busters Reject Sea France Restructuring
    European Union regulators rejected a $230 million restructuring of Sea France, casting doubt over the survival of France's state-owned freight...
  • Japanese Ship Orders Fall 77.1 Percent
    Japanese export ship orders fell for the fifth straight month in September on a year-over-year basis, plunging 77.1 percent to...
  • Shippers See Some Port Calls Skipped, Cargo Rolled
    Some trans-Pacific ocean carriers are skipping port calls and holding back vessel departures if bookings are weak, illustrating how feeble...
  • SIA Adds Frankfurt-Singapore Freighter
    Singapore Airlines is adding twice-weekly freighter service between Singapore and Frankfurt, adding Asia-Europe capacity just as a ban on night...
  • DP World Box Volume Jumps 10 Percent
    DP World's 10 percent year-over-year boost in container traffic in the third quarter was driven by strong growth at the...
  • Horizon Lines to End Trans-Pacific Services
    Horizon Lines is discontinuing its money-losing trans-Pacific service, a route that sought to sail in a niche market underneath the...

Containerisation Internationalweb site
OCTOBER 25, 2011
  • SSL's revenue up but profits down
    Intra-Asia container carrier Samudera Shipping Lines (SSL) saw its turnover soar by 24.5% to USD336.2 million in the first nine months of 2011 compared with the ...
  • AAPA urges Harbour Maintenance Tax to be used for dredging
    The American Association of Port Authorities (AAPA) wants USD6 billion collected from US Harbour Maintenance Tax (HMT) to be used to fund the dredging of harbour ...
  • Northern European ports 'still best' for central Europe
    Recent research carried out by Netherlands-based analyst NEA for the ports of Rotterdam, Antwerp and Hamburg shows that much of central Europe is still best served ...
  • Rena salvage moves forward
    The latest information released by the state agency Maritime New Zealand (MNZ) suggests that considerable progress has been made in pumping oil off the stricken ...
  • Australian navy rescues Maersk ship
    The Royal Australian Navy has stepped in to prevent another potential maritime disaster in Australasian waters after a Maersk-chartered container broke down near ...
  • Horizon to cut transpac service
    Just 10 months after launching its only transpacific service - the Five Star Express (FSX) - Charlotte-based Horizon Lines has announced that it is closing the ...
  • DP World up another 10%
    DP World has continued to out-perform the global average growth stakes of 7% t0 8% with its portfolio of container terminals registering a 10% rise in throughput ...
  • SITC posts mixed results
    Shanghai-based SITC International Holdings Company, which operates a range of intra-Asia liner shipping and logistics services, mainly centred on China, has announced ...

TradeWindsweb site
OCTOBER 25, 2011
  • Excel slides into red zone
    Gabriel Panayotides-led bulker owner logs third-quarter loss as troubled markets take toll on bottom line.
  • Matson fills Horizon void
    US operator poised to plug Guam gap while market waits for new entrant to tap Horizon Lines' abandoned loop.
  • All eyes on Omega
    Attention turns from New York to Houston as Marco Polo's legal eagles fight to keep Greek owner's bankruptcy in US.
  • Fairstar nets dual-cargo deal
    Norwegian heavylift operator inks second cargo contract for Hercules trip to boost semi-sub utilisation.
  • Jefferies tips tanker failures
    Bank warns there is a "strong possibility" for restructuring and bankruptcies before rates turn for the better.
  • Regent mulls cruise order
    Florida operator in talks with European shipyard over 50,000-gt newbuilding.
  • Horizon exits transpacific
    US operator prepares to lay-up leased SFI vessels following brief tour of duty in troubled territory.
  • Iceberg I ordeal over
    Azal Shipping vessel held by pirates for over 18 months set free after $4m ransom, sources say.
  • Blaydes makes the cut
    Current board member to replace Vitol's Paul Thomas as boss of Latvian Shipping.
  • Cosco sells spill ship
    Bulker which grounded off Norway in 2009 is finally cashed in by Chinese giant in $10.5m deal.
  • Bulker in trawler smash
    Tide Line's Amazon allowed to continue on to India after collision off Finland sinks fishing boat.
  • Ore deal for TransAtlantic
    Swedish ro-ro owner looks to expand into dry bulk with three-year contract.
  • Capital stacks it higher
    Evangelos Marinakis-led shipowner places $500m on the shelf for new ships and debt repayments.
  • Kherson building tanker
    Ukrainian plant starts work on river-sea crude/products carrier for Malta's SVL group.
  • Meiji set to make less
    Japanese tanker and bulker owner cuts half-year profit forecast despite expecting better revenue.
  • Car carriers look forward
    More cars and some restocking should provide welcome fillip to car carrier owners, says analyst.
  • Price pain nearing an end
    Charles Weber challenges the thesis that VLCC values will continue to plummet.
  • SeaFrance rescue blocked
    European Commission rejects loan from parent SNCF, placing future of struggling cross-Channel operator in doubt.
  • Scrap record to be broken
    Dry-cargo demolition benchmark for 2011 should be topped next year, Navios exec says.
  • SCI sells handymax
    Indian owner finds Bangladeshi buyer for 1986-built vessel at close to scrap prices.

American Shipper - Ocean newsweb site
OCTOBER 25, 2011
  • MOL's transpacific on-time improves
  • Free time extension in Thailand by MCC
  • Horizon drops transpacific service
  • Daily Maersk kicks off: A lion in winter?

The Bunker Bulletinweb site
OCTOBER 25, 2011
  • Vopak announces part ownership of South China storage facility
    Storage will be available to south east Asian countries as well as the domestic market.
  • IFO prices firm in Fujairah
    In Cape Town, MGO deliveries were available for supply up to and including November 8.
  • Call for clarity on sulphur regulations
    'The industry needs to be clear that there will be regulations and that there will be no delays,' legislators told.
  • Rotterdam prices firm
    Supplier tight for LS products in Hamburg.
  • Energy savings will be 'clear and transparent'
    International Paint says ship operators will be able to measure the reduction in energy use.
  • Cruise ship operator calls for ECA 'flexibility'
    'Averaging' is the most appropriate way the cruise industry can comply with sulphur rules, says Carnival UK.
  • Bunker prices up at major Asian ports
    Supplies of bunker fuel mixed at key Asian ports on Tuesday.
  • Andatee chief buys more shares
    CEO buys 18,282 company shares over two transactions on October 20.
  • Star Reefers Q3 losses widen
    Weak freight rates and high bunker fuel costs take their toll.
  • Chemoil moves to new office
    New office location effective October 17.
  • Almost a third of grounded vessel's bunker fuel removed
    Some 480 mt of oil pumped off Rena as of Monday afternoon.
  • Construction of bunker tanker newbuilds unaffected by Thailand floods
    ES Group will continue to assess flood situation, says CEO.

›››File
FROM THE HOME PAGE
MSC presents a new request for the management of cruise traffic in Ancona which includes the construction of a maritime station
Ancona
The duration of the proposed concession is 35 years.
In 2024, the growth of general cargo in the port of La Spezia more than offset the decline in bulk cargo
The Spice
In the port of Marina di Carrara the annual traffic decreased by -0.4%
Proposal by 47 governments, the EU Commission and ICS for the creation of an IMO fund for the decarbonisation of shipping
London
It could come into force in early 2027
Strikes averted at US East Coast and Gulf ports
North Bergen/Lyndhurst
Preliminary agreement signed by the International Longshoremen's Association and the United States Maritime Alliance
New annual record for vessel transit through the Straits of Malacca and Singapore
Port Klang
In 2024, traffic was 94,301 ships (+5.5%)
Filt, Fit and Uilt have called a strike for tomorrow by the workers of the Central Tyrrhenian Sea Port Authority
MSC, together with Neri and Lorenzini, presents an expression of interest for the Darsena Europa in Livorno
Leghorn
Warriors: in the next few days we will meet the group to talk in detail about the project
Corsica Ferries sells Elba Ferries to BN di Navigazione
I go to Liguria
The fast ferry "Corsica Express Three" has been chartered to the Blu Navy company
In 2024, Ukrainian ports handled a record 97.2 million tons of cargo.
Odessa
Agricultural products alone amounted to 60 million tons
COSCO, we are not a Chinese Military Company
Beijing
The Chinese company has specified that the inclusion in the US list will have no impact on the group's global activities and operations.
In 2024, freight traffic in the port of Ravenna was stable
Ravenna
Cruises down -17.7% compared to 2023
US List of Companies Doing Business for Chinese Military Includes Shipping and Shipbuilding Companies
Last November, ship traffic in the Suez Canal decreased by -55.9%
Cairo
In the first eleven months of 2024 the decline was -49.8%
With over 3.9 million TEUs, in 2024 the port of Gioia Tauro set a new record for container traffic
Joy Taurus
Decrease in cars handled at the Calabrian airport
Assonat and Assiterminal, the cancellation of the measure to increase the fees for maritime state concessions is a good thing
Rome
Serra: the TAR ruling reaffirms the importance of dialogue between public administration and users
The duration of the Agencies for the provision of work in ports and for professional requalification has been extended by 18 months
Rome
Port State Control Inspections Begin on Eagle S
Helsinki/Brussels
NATO decides to increase the Atlantic alliance's military presence in the Baltic Sea
In 2024, Tanjung Pelepas Port recorded a new all-time record in container throughput
Iskandar Puteri
Over 12.2 million TEUs were handled (+16.9%)
Works worth over 57 million euros for the energy infrastructure in the port of La Spezia
The Spice
Electrification of the New Cruise Pier and new hydrogen generators
Assologistica, the new rules on reverse charge discipline in the Budget Law are good
Milan
Rapid issuance of the implementing provision by the Revenue Agency is hoped for
The electrification of the docks of the ports of Sardinia starts from Portovesme
Cagliari
Almost 52 million euros of works planned
Arkas Line ships to reach India
Izmir
Turkish company to merge three services in the Mediterranean
Two lanes of ship transit tested in a 10km section of the Suez Canal
Ismailia
They are located in the area of the Little Bitter Lake
Suez Canal Transit Decline Costs Egypt Seven Billion Dollars
Cairo
In 2024, naval traffic decreased by more than -60%
Port of Valencia, monthly traffic down after over a year of growth
Valencia
Decrease in volumes in all main product sectors
Underwater cables damaged in the Gulf of Finland at Christmas
Helsinki
Oil tanker "Eagle S" stopped, part of shadow fleet operating for Russia
Cargo traffic at Chinese seaports increased by +3.2% in November
Beijing
Foreign goods increased by +6.1%. Containers increased by +4.9%.
TIL (MSC Group) - JNPA Agreement for the Construction of Vadhvan Port
Uran
The new airport is located on the western coast of India
Shanghai is the world's first port to handle over 50 million containers in a year
Shanghai
SIPG highlights strong productivity gains achieved by introducing automation boost in Yangshan area
Yang Ming to acquire up to 13 new 8,000-15,000 TEU containerships
Keelung
They will replace 5,500-6,500 TEU vessels that are over twenty years old
Eight amendments to the International Maritime Labour Convention enter into force today
Geneva
Changes introduced to improve living and working conditions on board ships
Carnival posts record performance for September-November quarter
Miami
Revenues increased by +10.0% in the period
Uniport appreciates that the port reform is taking place through a delegated law and trusts (!) in the government's willingness to open a dialogue with the operators
Rome
Søren Toft (MSC) is the new president of the World Shipping Council
Washington
Vice President is Randy Chen of Wan Hai Lines
"SHIPS for America Act" Introduced, Bipartisan Bill to Strengthen U.S. Shipping Industry
Washington
Among the proposals, carrying up to 10 percent of imports from China on U.S.-flagged, U.S.-crewed, U.S.-built ships
In the last quarter of 2024, OOCL revenues grew by +55.0%
Hong Kong
Containers transported by the fleet increased by +6.1%
Medlog signs partnership agreement to build dry port and logistics area in Egypt
Cairo
The affected area is approximately 102 hectares
Filt Cgil urges to throw away the Antitrust Authority's proposal on port work
Rome
D'Alessio: the AGCM has not at all analyzed the real dangers for the integrity of the principle of competition
Strong annual revenue growth for Evergreen, Yang Ming and WHL companies
Taipei/Keelung
Revenue growth also accentuated in the fourth quarter of 2024 alone
Industrial reconversion works to begin soon at the "ex Yard Belleli" site in the port of Taranto
Taranto
The intervention has a value of 135.3 million euros
The Northern Tyrrhenian Sea is the first AdSP to equip itself with the Anti-Violence Strategic Plan
Leghorn
The aim is to prevent discriminatory and violent phenomena within the institution.
Greek Navarino Acquires Dutch Castor Marine
London
Both companies develop information technology and communication solutions for the maritime sector
The annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
Trade mission in Vietnam by Spediporto, AdSP and Municipality of Genoa
Genoa
Meetings scheduled in Ho Chi Minh City and Danang
In 2024 Interporto Padova recorded a record intermodal traffic of almost 412 thousand TEU (+6.5%)
Padua
Commander Emanuele Bergamini is the new president of USCLAC
Genoa
Gianni Badino was elected president of the USCLAC-UNCDiM-SMACD unitary union
Tender for the development of cruise activities in the Greek ports of Katakolon, Patras and Kavala
Athens
The issuing of concessions with a minimum duration of 30 years is foreseen
The electrification of four moorings in the ports of Bari and Brindisi has begun
Bari
Contract worth over 28 million euros
Circle has been awarded the tender for the digitalisation services of the Eastern Adriatic Port Authority
Milan
Roberto Spinelli's position in the corruption investigation in Liguria has been archived
Genoa
Order of the judge for preliminary investigations
Work has begun in the port of Pozzallo on the construction of the new offices of the AdSP of Eastern Sicily
Pozzallo
Place the port of Imperia Oneglia under the management of the Western Ligurian Sea Port Authority
Imperia
This is requested by the Port Company "L. Maresca" and the Lodovico Maresca Port Workers Company
Interporto Padova looking for a potential partner to participate in the terminal activity
Padua
The market research will end on January 31st
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
New logistics company GTS Horizon established in Verona
Bari
It was founded by the GTS group and Simone Gatto De Chirico (De Chirico Srl)
In the third quarter, freight transported on Austrian railways increased by +1.8%
Vienna
In the first nine months of 2024 the increase was +1.7%
Uiltrasporti, the reverse change of VAT in the budget law is good
Rome
Verzari: we hope that this measure will be made structural in the future
Circle acquires Telepass Innova's Infomobility and Telematics business units
Milan
The value of the transaction is 6.2 million euros
Tender for construction of Albanian port of Porto Romano restarted
Durres
The deadline for submitting bids has been set for February 7th.
Eukor secures renewal of contracts for exporting cars from Korea and China
Lysaker
The expected value of the agreements is $4.2 billion.
PSA Singapore Sets New Annual Container Traffic Record
Singapore
The 40 million TEU mark was reached on December 24th
US-based FTV Capital makes offer to acquire Windward
London
London-based company develops technological solutions for shipping
American Halliburton buys Norwegian Optime Subsea
Noted
European company develops technologies for underwater operations
Grimaldi took delivery of the multipurpose ro-ro Great Cotonou
Naples
Next month it will be launched on a new service of the group between China and Nigeria
Federagenti has appointed 24 "ambassadors"
Rome
They have been protagonists in the profession of maritime agent for over 60 years
Ports of La Spezia and Marina di Carrara, over five million allocated for the green transition
The Spice
Funds for the purchase of electric or hydrogen vehicles
In November, freight traffic in the ports of Genoa and Savona-Vado increased by +4.3%
Genoa
In the first eleven months of 2024, an increase of +1.1% was recorded
In the first 11 months of 2024, traffic in the port of Trieste grew by +6.4% thanks to mineral oils
Trieste
A decrease of -8.2% was recorded in the port of Monfalcone
Over two and a half quintals of cocaine seized in the port of Genoa
Genoa
The drugs were inside a refrigerated container coming from Ecuador
Manca (Sardinia Region): Promises of allocation of resources for the Kalport agency not fulfilled
Cagliari
Urgent meeting requested with Minister of Labor
Increases in port fees in the ports of Bari and Brindisi
Bari
Leone: we are committed to adopting measures that do not impact traffic and users
Large quantity of cocaine seized in the port of Olbia
Sassari
39 kilos of drugs discovered hidden in a minivan
From January Hupac will intensify intermodal connections between Belgium and Italy
Noise
The frequency of the shuttle train between Busto Arsizio and Padua will also increase
Port of Ancona, provisional concession granted to Fincantieri plant
Ancona
The new concession will last 40 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 annual assembly of Federlogistica will be held in Rome on January 21st
Rome
The theme is: "Intelligent Logistics. If Artificial Intelligence Breaks Into the World of Logistics"
A conference on the implications of geopolitical crises for ports and maritime transport in Venice on Thursday
Venice
It is organized by Ca' Foscari University and the AdSP of the Northern Adriatic
››› Meetings File
PRESS REVIEW
Iran signs over $1.8b investment contracts with private sector for ports development
(Tehran Times)
North Korean tankers transport over one million barrels of oil from Russia
(NK News)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
In November, freight traffic in the port of Barcelona fell by -3.7%
Barcelona
Container handling is growing (+6.3%), but not the weight of containerized cargo (-6.9%)
Saipem awarded new offshore contract by Shell in Nigeria
Milan
For the Italian company it has a value of around 900 million dollars
Rixi briefly illustrates the port reform
Rome
Creation of a publicly controlled company to manage investments and represent the Italian port system
Agreement between RFI and RSE for the study of a magnetic levitation freight transport system
Milan
Maritime safety, agreement signed at MIT to simplify verification procedures
Rome
Inspection and certification activities may be carried out by specifically accredited bodies
In the first eleven months of 2024, cargo traffic in Russian ports decreased by -2.0%
St. Petersburg
Both dry goods (-2.1%) and liquid bulk (-2.0%) are decreasing
Log In acquires 19,600 square meters of space at Interporto Toscano Amerigo Vespucci
Kansas City
It is the fourth acquisition in Italy of the Theoreim group company
Prysmian wins two EPCI contracts from French RTE, potentially worth €700 million
Milan
The laying of approximately 640 kilometers of land and underwater cables is planned
Testing of an autonomous port tractor in the port of Wilhelmshaven
Wilhelmshaven
It will be launched next year by Eurogate, MAFI, ICT Group and Embotech
Intesa Fincantieri - Sparkle for the protection and surveillance of submarine cables
Trieste
The two companies will analyze the requirements to improve the security of the infrastructure
Barcelona terminal operator BEST has ordered two new super post-Panamax quay cranes
Barcelona/The Hague
APM Terminals announces completion of work to increase capacity at MedPort Tangier terminal
Wärstilä sells Automation, Navigation and Control System to Swedish investment company Solix
Helsinki
In 2023 ANCS recorded revenues of 200 million euros
Cisl, speed up the choice of the president of the Port System Authority of the Eastern Ligurian Sea
The Spice
Necessary to implement works and investments
Works awarded for the expansion of the container terminal in the port of Koper
Coper
The works will be completed by the end of 2027
Container traffic in the port of Hong Kong fell by -4.2% last month
Hong Kong
In the first eleven months of 2024 the decline was -5.0%
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