testata inforMARE
29 March 2023 - Year XXVII
Independent journal on economy and transport policy
18:32 GMT+2
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FORUM of Shipping
and Logistics


Only some hyper-imaginative video game scriptwriters had conceived the destruction of New-York's twin towers. September 11th, sadly, the real overtook the virtual, shattering the confidence of the most powerful nation, questioning the very notion of risk, and undermining the world's biggest insurance and reinsurance groups.

This unthinkable drama will have little effect on the shipping industry, apart from temporarily on cruises, but it has been a brutal reminder of the worsening world economic situation during the year 2001.

As from the second quarter, the slowdown in the American economy, followed by Europe, weighed heavily on seaborne trade and thus on freight rates, first with dry bulk ships and containers, then somewhat later on tankers, throwing a light on the fear of overcapacity.

Even though the shipping world is accustomed to cycles, they are nonetheless aggravated by unreasonable actions of players outside the market, financial and fiscal investors - such as in Germany with containerships - who inflate newbuilding orders beyond all reason; virtual in the hope of non-ending growth, real in the actual economic downturn and overcapacity.

This year has also been marked by the meltdown of technology shares, which has affected all the financial markets, although it is not the technology itself to blame but that of irrational market values.

In shipping as in other sectors, e-business counts its survivors amongst the websites which have been developed on the basis of the real service provided.

In the energy business, a leading company, Enron, a model of its kind by inventing, innovating, and arbitrating as a market-player in new energy areas, has collapsed. Its virtual success was stricken down by the real needs and by questionable accounting methods; virtual commitments off-balance sheet, real accounts in balance sheet, or the reverse?

This rude awakening reminds everyone that markets impose inherent rules like gravity, impossible to ignore, and that the real economy has taken a cruel revenge this year over the virtual economy.

In France the incentives for promoting the French flag fleet are being held back whilst some of our European neighbours have made successful progress and are able to expand their fleet under national flag. French shipping policy no longer corresponds to our economic ambitions and here again we can deplore the virtual political discussion compared to the real action needed.

The much hoped recovery, whose return is predicted by some in the course of the second half of 2002, will depend primarily on the health of the American economy; but a close watch has to be kept over the Japanese currency whose weakness could bring about a series of devaluations in the Far East, which could put into question the fragile balance recovered since 1997, and weigh heavily on newbuilding prices amongst others.

The prosperity of the shipping sector will obviously depend on the economic revival but also on the respect shown to the strong balancing forces at play - newbuildings, fleet in service, demolitions - to which any excesses will quickly bring us back to the fundamental reality of supply and demand.

 

Virtual and Real



Shipping and Shipbuilding Markets in 2001

I N D E X

›››File
FROM THE HOME PAGE
Naviris ' joint venture, the joint venture Fincantieri-Naval Group, will be renewed.
Genoa / Paris / Rome
Pierroberto Folgiero has been appointed president, Damien Raby CEO
TX Logistik, weekly triangular intermodal service between Romania, Austria, Italy and Germany
Troisdorf / Vienna
Rail Cargo Group transforms the triangular link between Austria and the port of Trieste in two direct trains
All 16 Italian port authorities with Assoports at Seatrade Cruise Global
Fort Lauderdale
In Italy, cruising traffic shows a steady recovery
In 2022 the turnover of the CIMC resulting from the sale of the containers fell by -30.7%
Shenzhen
In the second half of the year alone, the decline was -40.4% percent.
Launched the tender for the infrastructure of the bulk terminal in the Cagliari Port
Cagliari
Amount at auction of more than 19.5 million euros
ESPO urges EU and European governments to lay out funding schemes for the installation of OPS in ports
Brussels
Satisfaction with the preliminary settlement agreement on the infrastructure for alternative fuels
UIRR recalls that it is possible to develop European intermodal transport and the necessary measures have already been suggested
Brussels
The association agreed with the dismal analysis of the European Court of Auditors ' sector.
Agreed on how to install electric charging stations for cars and trucks on the roads of the EU
Brussels
Preliminary agreement between Parliament and Council also for hydrogen filling stations
Nearly 2,000 workers in the Italian shipbuilding industry paid with irregular pay
Venice
Nearly 2,000 workers in the Italian shipbuilding industry paid with irregular pay
This is an income stream of six million euros, not subject to taxation or contribution.
The WSC against the bill that in the USA would repeal antitrust exemptions to foreign shipping companies
Washington
Foreign maritime monopolies-indicted by Costa Costa-have manipulated the maritime transport sector. Butler : misunderstanding how VSA helps supply chain to work better
BRT and the Italian subsidiary of the Geodis have been placed in judicial administration
Milan
A systematic exploitation of several thousand workers would emerge from the investigation.
Carnival realizes the best wave season ever
Carnival realizes the best wave season ever
Miami
New record bookings of cruises in both the North American and European markets
A new historical record of cruising traffic in Italian ports was expected in 2023.
Fort Lauderdale
A new historical record of cruising traffic in Italian ports was expected in 2023.
According to Cemar, passengers will be 12.8 million, with a 37.6% on 2022 and a 9.2% on the 2019
APM Terminals cooperates with Hateco in the realization of the new container terminal in Haiphong
APM Terminals cooperates with Hateco in the realization of the new container terminal in Haiphong
Two million euros for tax evasion in the logistics and home delivery sector
Trieste
Reported 20 entrepreneurs
Austria's Gebrüder Weiss has inaugurated a new logistics terminal in Tyrol
Reutte / Lauterach
It is located in Reutte, near the border between Austria and Germany
Maersk-SIPG agreement for bunkering of green methanol in the port of Shanghai
Shanghai
Expected supply from ship to ship of the new container ships ordered by the Danish company
ESPO, ships should use cold ironing systems in ports, if available, already before 2030
Brussels
Ryckbost : It is hoped that the requirements for ships related to when to use electricity at berth clarify the matter
ECSA, EU agreement on ship fuel gives strong political signal and provides clear climate goals and guidance for industry
Brussels / Rome
Assshipowners, welcome our main instances
T&E, today's EU decision marks the beginning of the end of dirty fuels in the shipping industry
Brussels
The organisation highlighted the need to prevent the agreed standards from presenting loopholes
Last year in Greece, 593 ships were subjected to repair work (-0.7%)
Pyreo
Gross tonnage tonnage has increased by 7.3%
Greek Attica bought the ro-ro ship Clementines
Kallithea
Built in 1997, it cost 13.4 million euros
RINA classifies the autonomous ride-hailing workboat of the RC Dock
RINA classifies the autonomous ride-hailing workboat of the RC Dock
Genoa
Delivered the class certificate to the first boat of a fleet that will be able to operate up to 200 miles from the coast
Charity night on board the Fantastic of GNV in support of the Stella Maris
Genoa
It was organized by the National Welfare Committee of the Gente di Mare
Poseidon Acquisition signs the final deal to buy the Atlas Corp.
London
Transaction of the value of approximately 10.9 billion
Guidelines for the safe transport of lithium-ion batteries in containers
Guidelines for the safe transport of lithium-ion batteries in containers
London
They have been published by CINS, International Group of P&I Clubs, ICHCA and TT Club
Strong criticism of the Court of European Accounts to EU policies for the development of intermodal transport
Luxembourg
Values-objective to increase the share of sustainable modes of transport these are termed unrealistic
Thursday in Livorno a workshop on autonomous navigation
Livorno
Event organized as part of the 5G Maritime Autonomous Surface Ship project
In 2022, China's Sinotrans reported record profits despite a -12.5% percent decline in revenue.
Beijing
In 2022, China's Sinotrans reported record profits despite a -12.5% percent decline in revenue.
The reduction of business volume has been generated in the segments of maritime shipments and e-commerce
In 2022, short sea shipping in Spain experienced a slight decline of -0.4% percent.
Madrid
In 2022, short sea shipping in Spain experienced a slight decline of -0.4% percent.
The only international shipping of ro-ro cargoes marked an increase of 8.0% percent (for the first time since the 2016 percent drop in traffic with Italy)
Pimlico Shipping (Brothers Cosulich) buys a revamped
Genoa
The ship, of 7,967 tpl, will be rented to bare boat from the Argo Shipping
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Giorgio Bucchioni has passed away, a reference point of breaking and national portions.
Giorgio Bucchioni has passed away, a reference point of breaking and national portions.
The Spezia
Among the institutional assignments, he was Chairman of the Port Authority of Spezia and Confindustria La Spezia
Liberty Lines orders three more monocarena naval vehicles at Spanish shipyard Armon
Belrose
Liberty Lines orders three more monocarena naval vehicles at Spanish shipyard Armon
They will add to the nine already commissioned
Ceremony of laying of the keel of the Silver Ray by Silversea Cruises
Papenburg
The luxury cruise ship is under construction at Meyer Werft
Launched in China the first of two LNG Small Scale & Bunker ships for Fratelli Cosulich
Genoa
Will be taken in delivery in September
The CDA of Interporto Padova unanimously approved the draft budget 2022
Padova
Profit after taxes in line with that of the previous financial year
In Genoa, a centre for the development of new technologies for decarbonisation of shipping has been inaugurated.
Genoa
CapLab will be managed by Ecospray Technologies and the DICCA of the University of Genoa
Collaboration Agreement between the AdSP of the South Tyrreno and Ionian Seas and the University of Calabria
Cowithout
The agreement covers several areas of activity and expertise
In 2022 the transits of trucks through the Swiss Alps decreased by -1.7% percent. Stagnation of rail transport
Bern
In 2022 the transits of trucks through the Swiss Alps decreased by -1.7% percent.  Stagnation of rail transport
Still far away the goal of the transfer of the loads from the road to the rail
In the only fourth quarter of 2022, HHLA Group revenues grew by 4.9%
Hamburg
Operating profit fell by -8.8%
Touax closes 2022 with record revenue
Paris
Expected in 2023 normalization of the container market
E-fuel should only be reserved for air and sea transport
Rome
It highlights an analysis of Transport & Environment, which considers them not useful to decarbonisation of road transport
Agreement between five international organisations to increase the safe transport of cargo in containers
London
Memorandum of understanding subscribed by CINS, CHIRP, COA, ICHCA and SMDG
The port of Livorno initiates an agreement with the Uruguayan ANP for the development of traffics, in particular of forest
Livorno
The port of Livorno initiates an agreement with the Uruguayan ANP for the development of traffics, in particular of forest
In 2022, the labronic climber handled 2.13 million tonnes.
Rixi reassures on the implementation of the sea rollover of the Fincantieri shipyard of Sestri Ponente
Genoa
Rixi reassures on the implementation of the sea rollover of the Fincantieri shipyard of Sestri Ponente
MIT will launch the discussion with Italian Railway Network for moving the railway line
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
Thursday in Livorno a workshop on autonomous navigation
Livorno
Event organized as part of the 5G Maritime Autonomous Surface Ship project
On April 18 Assiterminal will be confronted with politicians and practitioners on the challenges of portugal
Genoa
Meeting at the headquarters of the Federation of the Sea in Rome
››› Meetings File
PRESS REVIEW
Port concession saved Nigeria's economy N3.9tr - Haastrup
(Vanguard)
Can the return of international cruises bolster Japan's beleaguered tourism industry?
(The Japan Times)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Daniele Rossi
Napoli, 30 settembre 2020
››› File
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