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22 October 2024 - Year XXVIII
Independent journal on economy and transport policy
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BRIEFS
May 29, 2009
The Business Timesweb site
Shipping News
  • Baltic Dry Index jumps 7.6% on China demand
    The Baltic Dry Index, a measure of shipping costs for commodities, surpassed 3,000 points for the first time since October, buoyed by Chinese demand for iron ore.

Sched Netweb site
  • Maersk revises East Med and west coast South America
  • Idle box ship fleet shows signs of stabilising
  • China sets up arbitration court for shipping in Shanghai
  • IMO's safety committee to spotlight piracy at London meeting
  • HPH-backs Al-Mal bids for US$1.4 billion Tunisian CT
  • AAEI calls for caution after noting 10+2 compliance costs
  • UASC picks new CEO, makes senior management changes
  • Australian customs budget cut means 75pc less screening
  • Changi awards the airlines that contributed most in 2008
  • India's Deccan 360 launches with franchise model

International Transport Journalweb site
MAY 27, 2009
  • Swiss Post profit down in first quarter
    Swiss Post generated a profit of CHF 198 million in the first quarter of this year, which was CHF 30 million or 13% less than in the same months of 2008. The operating result ...
  • Röhlig generates less profit in 2008
    The Bremen-based German logistics service provider Röhlig reported an ebit of EUR 10.4 million in 2008 (compared to EUR 14.6 million in 2007) and an after-tax net profit of EUR 6 m...
  • Aramex wins express and logistics contract from Vodafone Qatar
    The Middle East-based international express delivery, freight forwarding and logistics service provider Aramex has signed an agreement with Vodafone Qatar Q.S.C, one of the re...
  • Hans-Jörg Hader joins board at Kuehne+Nagel
    Hans-Jörg Hager was chosen to join the board of directors of Kuhne+Nagel for a one-year term at the recent annual general meeting. Hager was a member of the manageme...

Maritime Global Netweb site
MAY 28, 2009
  • Tough quarter for BW Gas
  • Weaker spot market hits Frontline
  • Belize commits to new policies
  • North's loss-prevention blitz

World Wide Shipperweb site
MAY 28, 2009
  • Jim Darling to step down as Port of Bellingham director
  • APL plans to introduce number of freight rate increases
  • NYK subsidiary launches new bulk carrier, FEDERICO II
  • Everett development firm files for bankruptcy protection
  • Maritime Administration sells vessel for recycling

Lloyd's Listweb site
MAY 28, 2009
  • Frontline says a third of tanker orderbook at risk
    COMPANY believes newbuildings could be cancelled or delayed after axing six vessels on order at Chinese yards.
  • DryShips secures debt waiver from Deutsche Bank
    DNB Nor agrees a waiver on $86m in lending that covers two dry bulk ships.

Fairplayweb site
MAY 28, 2009
  • Frontline abandons newbuilds
    FRONTLINE has announced the cancellation of one-third of its newbuilding orderbook while reporting a steep fall in net income in its financial results for this year's first quarter
  • APM called top ship borrower
    THE WORLD'S largest shipping company, AP Møller-Maersk, has borrowed $6.2Bn in the first quarter of 2009, a report by the financial data company Dealogic said today
  • Japan to tighten Korea sanctions
    JAPAN is responding to North Korea's latest nuclear test and short-range missile launch by toughening its sanctions against Pyongyang
  • BBC swallows Asian joint venture
    GERMAN breakbulk and projects carrier BBC Chartering & Logistic has seized full control of its joint venture Asia Project Chartering
  • End-game near for Polish sales
    POLAND'S Gdynia and Szczecin shipyards are due to finish work tomorrow on the selloff ordered by the EC, the government-owned agency responsible for the sale told Fairplay today
  • Russia looking into scrap closures
    RUSSIA'S antitrust watchdog is opening an inquiry as to why most of the country's customs clearance points for ferrous scrap exports have been shut down by the customs service

The Journal of Commerceweb site
MAY 28, 2009
  • Montreal Boxes Drop Sharply in April
  • FRA Grants $15M for Flood Relief
  • NAFTA Trade Dives for Sixth Straight Month
  • Liquid Bulk Carrier Opens Ohio Terminal
  • FTR: Worst of Recession May be Over
  • Descartes Revenue Rises
  • U.S. Ready to Work with China on Trade
  • BBC Chartering, Clipper Projects End Joint Venture
  • Baltic Ports Could Compete with Russia
  • Rail Traffic Drags Bottom
  • Truckers Support Bill Limiting Tolls
  • Port of Miami Tunnel Gets New Backer
  • Box Downturn Hurts Virginia Ports
  • Zim Loss Widens to $119 Million
  • Japan Slams U.S. for Unfair Trade
  • Shipments Fall for Record Ninth Month

Containerisation Internationalweb site
MAY 28, 2009
  • OTAL deepens its Europe/West African coverage
  • Tension rising amid North Korea's threats
  • Bunker prices surge 25% in May
  • ISE service sees some changes
  • NITL reaffirms support for 'Rotterdam Rules'

TradeWindsweb site
MAY 28, 2009
  • FREE to soar
    Nasdaq-listed Freeseas climbs 27% on high volume after 'beating Street,' but analyst stays lukewarm on future.
  • Star dims
    Investors punish Greek bulker owner for earnings miss, but analyst says fundamentals remain solid.
  • Freeseas triumphs
    Ion Varouxakis-led bulker owner builds net profit in first quarter as fleet expands and costs are kept low.
  • $1bn let-off
    Deutsche Bank the latest to offer DryShips a reprieve as it waives breach on loan covering two newbuildings.
  • Two out
    Indonesia's HIT selling tanker duo to bring in cash for operating expenses.
  • MMM mulls deals
    Malaysian Merchant Marine eyes "ship related deals" but admits downturn impacted "significantly".
  • Pal peril
    Union claims 800 of 2,400 workers at Indonesian yard could be made redundant.
  • Frontrunner
    John Fredriksen's Frontline is the best performer on the Oslo exchange this morning after its results beat estimates and newbuilding cancellations erase financing fears.
  • Flu for three
    Three crew on board Carnival cruise ship Pacific Dawn contracted H1N1 swine flu, but no passengers infected, owner says.
  • John culls six
    Frontline has cancelled orders for four suezmaxes and two VLCCs, but the dividend stays.
  • Reefer 'free soon'
    Eastwind denies Matterhorn master ignored French calls to put into Brest, ship could sail in a few days.
  • Taiheiyo takeover
    Struggling Japanese tanker and bulker owner to become fully controlled by giant shareholder NYK.
  • Dutch deal
    Royal Vopak confirms new oil storage terminal in port of Amsterdam.
  • MBC falls back
    Malaysian bulker and tanker owner sees first quarter profit slashed, but will continue to add to its fleet.
  • Ferry chief ousted
    Sydney Ferries boss Geoff Smith sacked over alleged misuse of corporate credit card.
  • Port pile-up
    Hoegh car carrier involved in collision with two Maersk vessels and a German feedership at Bremerhaven.
  • Impairment pain
    Helmut Sohmen-headed BW Gas plunges to hefty first quarter loss as writedowns ruin its balance sheet.
  • Q-Ship to sell
    Qatar Shipping to fetch $110m in sale of LNG tank building division Q-Con.
  • APC to dissolve
    BBC Chartering and Clipper Projects set to end five year Far East project shipping joint venture.
  • Star Bulk shines
    Akis Tsirigakis-led bulker outfit, part owned by TMT's Nobu Su, sees profits jump on larger fleet.
  • Long Beach trims
    US west coast port has cut its annual budget by nearly 14% in face of global economic slowdown.

American Shipperweb site
MAY 28, 2009
  • North Korea: Will retaliate if ships are searched
  • Maersk supports low-sulfur coastal areas
  • Atlanticargo ends Charleston call
  • Cargo handler expands services at DFW, Dulles
  • Cargo B expands in Africa
  • CBP to hold C-TPAT conference for truckers
  • GSP request deadline set for June
  • U.S., Egypt seek strengthened economic ties
  • Descartes reports higher earnings
  • Agility buys out Mexican forwarder
  • IJS Global opens Egypt office
  • FMC reviews 13 OTI license applications
  • Bellingham port director retires
  • Shekou gets five new quay cranes
  • Asian ship owners urge long-term Panama Canal fee cuts

The Scandinavian Shipping Gazetteweb site
MAY 28, 2009
  • Frontline cancels a third of the order book
    John Fredriksen controlled Frontline has slashed its order book substantially after having cancelled six tankers representing 33 per cent of its ordering. Four suezmaxes have been cancelled at Jiangsu Rongsheng
  • Swedish tanker sold for bunker operation off Africa
    The Danish bunker operator Monjasa A/S, Fredericia, has purchased the Swedish owned tanker Betty Theresa (on long-term charter to Herning Shipping) and renamed the tanker Energizer. In the

The Bunker Bulletinweb site
MAY 28, 2009
  • North European bunker prices lack direction
    Rotterdam once again reports little activity.
  • Oil at fresh six-month high
    Bullish OPEC price forecast and big US stock draw sends crude above $64.
  • Hedging specialist expecting price increases
    Fuel oil prices could climb by around $100 pmt by first quarter 2010.
  • More support for North American ECA
    Maersk Inc says the proposals are a logical next step.
  • 22% rise in AADA bunker surcharges
    Latest increase follows bunker price gains in Hong Kong and South Korea.
  • New storage terminal for the ARA
    Vopak says 'tighter product specifications' provide an 'excellent opportunity'.
  • Bunker prices stay flat
    Moderate price moves Thursday after sharp mid-week gains.
  • Singapore fuel oil stocks shrink
    Middle distillate inventories build in the week ended May 27.
  • Fisheries firm fined $12,000 for spill
    Incident 'highlighted the need' for having set procedures to follow during bunkering.
  • Saudi Arabia predicts crude oil at $75 a barrel
    OPEC members expected to keep production targets unchanged.
  • Colombo bunker depot 'underutilised', LMS says
    Company says authorities mishandled the privatisation of the port's bunker terminal.

›››File
FROM THE HOME PAGE
Maersk estimates that in the third quarter, its revenues grew by 30% percent.
Copenhagen
Sharp gains in EBITDA values and quarterly EBIT
MSC expands the network of port terminals and technical-nautical services with the acquisition of control of Wilson Sons
Rio de Janeiro
It will acquire 56.47% of the share capital for about 764 million
New historic record of quarterly container traffic in the port of Los Angeles
Los Angeles
In the April-June period of this year, almost 2.9 million teu (+ 26.3%) were handled.
Letter to the EU to urge the abolition of the tax exemption for fossil fuels used by aircraft and ships
Brussels
Twenty-one organizations list the reasons for cancelling it and the benefits that would result in it
Spain's Boluda buys Finnish towing company Yxpila Hinaus-Bogsering
Valencia
The Scandinavian company has a fleet of six tugboats
Konecranes expands its presence in the Dutch market for port and intermodal means
Hoogvliet / Helsinki
The group will acquire two branches of the Peinemann
Two new ship-to-shore cranes for the container terminal of the port of Rijeka
Two new ship-to-shore cranes for the container terminal of the port of Rijeka
Rijeka
They are part of an investment of 200 million euros in the first phase of the project
New ro-ro service between the Turkish port of Matras and the port of Trieste
Istanbul
Made by DFDS, it provides for two weekly rotations
GTS doubles the frequency of the intermodal link Piacenza-Nola
Rome
From Monday it will rise from three to six weekly rotations
Royal Caribbean collaborates on a project to realize a cruise terminal in Juneau
Juneau
It is expected to be completed in the crucieristic season 2027
New historical record of quarterly traffic of containers in the port of Long Beach
Long Beach
In September the growth stopped
Genovese AdSP does not rule out the appeal of the ruling by the Council of State on the concession to Spinelli
Genoa
The institution will ask for clarification of State Advation
Spinelli will propose a decision to revoke the ruling of the Council of State which cancelled the concession to Genoa Port Terminal
Genoa
Adopted the delegated act for the inclusion of ships in service of the offshore industry in the European MRV Regulation
Brussels
The application of the standard is planned at the beginning of next year
The State Council has upheld the appeal of SECH against Spinelli's "full container" activity in the port of Genoa
Rome
The ruling notes "an obvious distortion of the competitive attitude as regulated by the port plan".
Fedespec calls for changes to customs reform
Milan
The risk is a strong negative impact on the national import and export business and the efficiency and competitiveness of the logistics system
Oriental Liguria's AdSP lists the benefits of passing Carrara's port under its jurisdiction
The Spezia
New historical record of quarterly container traffic in the port of Singapore
Singapore
In the July-September period of 2024, almost 10.5 million teu (+ 5.1%) were handled.
In the first nine months of 2024, freight traffic in Russian ports fell by -3.5% percent.
St. Petersburg
In the third quarter alone, 218.8 million tonnes were handled (-1%)
In the second quarter of 2024, freight traffic in the ports of Naples and Salerno marked increases of 9.2% percent and 0.2% percent.
In the second quarter of 2024, freight traffic in the ports of Naples and Salerno marked increases of 9.2% percent and 0.2% percent.
Naples
13.3%-year-old Cruserists in the capital's capital span and down -21.2% percent in the Salernitan scalp.
Spain's Navantia in talks to acquire British shipbuilding company Harland & Wolff
London
Expected deal by the end of November
Le Aziende informano
ITS Costruttori, il futuro dei cantieri inizia in Accademia
Oltre 420 posizioni aperte in 17 corsi totali, con un tasso di occupazione post diploma di circa il 95% in media
The Montenegrin port of Bar plans to buy two new mobile cranes
Bar
They are needed to replace the means of lifting damaged by the storm last July
Work at the cruise terminal in Calata Paita, in the port of Spezia, prevents the arrival of cruise ships
The Spezia
By the end of the year the Grimaldi group will order nine more new ro-pax ships
Athens
They will be employed in the Mediterranean and the Baltic
New intermodal link between the port of Venice and Montyone (Brescia)
Venice
With a load capacity of 46 containers, the initial programming provides for 50 rotations per year
In the third quarter the container traffic handled by Trieste Marine Terminal grew by 7.5%
Trieste
In the first nine months of this year, a decline of -3.0% percent
Interporto Padova, new Customs office and the entire intermodal terminal will become customs area
Padova
Agreement to develop further fast customs arrangements with ports in addition to those already active with Genoa, La Spezia and Gioia Tauro
In the first nine months of 2024, the number of piracy acts against ships was the least high since 1994.
In the first nine months of 2024, the number of piracy acts against ships was the least high since 1994.
London
In the July-September period, only 19 have occurred.
Switzerland to ease rules for the enrollment of ocean vessels at the national naval register
Bern
The aim is to increase the number of ships flying the Swiss flag.
Four new ship-to-shore cranes have arrived in the harbor of Gioia Tauro
Four new ship-to-shore cranes have arrived in the harbor of Gioia Tauro
Joy Tauro
Two more will arrive at the end of the month. In the first nine months of 2024, container traffic in the Calabrian climbed increased by 10.4% percent.
Next year the world's coast guard organizations will meet in Rome.
Rome
In 2025 the Italian Coast Guard will preside over the three international forums : European, Mediterranean and global
Last August, shipping traffic in the Suez Canal declined by -49.1% percent.
Last August, shipping traffic in the Suez Canal declined by -49.1% percent.
The Cairo
In the first eight months of 2024, the decline of the transits was -48.4% percent.
Satisfaction of Assoports, Filt Cgil, Fit Cisl and Uiltransport for the assumption of agreement on the contract of port workers
Rome
It allows-they stress unions-the recovery of the purchasing power of the wage
In the first half of 2024, FS Italiane's Logistic Pole posted record operating revenues and rising 13.0%
Rome
Net profit of 65 million euros, down from 22 million euros
Initiates the agreement for the renewal of the contract of port workers
Initiates the agreement for the renewal of the contract of port workers
Genoa
Assiterminal, in the end the responsibility of all of them prevailed
Turkey's METAG Holding has signed an agreement for the construction of the Somali port of Hobyo
Turkey's METAG Holding has signed an agreement for the construction of the Somali port of Hobyo
Mogadishu
It is located near the Strait of Bab el-Mandeb
Fincantieri, cutting off the first sheet of the first of two ultra-luxury cruise ships for Regent Seven Seas Cruises
Venice
It will be delivered in 2026
Mercitalia Rail starts transport of the new Frecciarossa 1000 of Trenitalia from Pistoia to the Czech Republic
Pistoia
They are headed to the Velim Test Center
New ro-ro traffic at the San Cataldo Container Terminal in the port of Taranto
Istanbul
Two ships have landed more than 1,500 vehicles
Uiltransport urges the Venice AdSP to review the ban on temporary port work
Rome
Verzari : umpteenth attempt to unload the current balance in the national port system
Concluded the first start-up phase of the Port Community System of the AdSP of the Straits
Messina
On 23 and October 24 meetings with stakeholders for the further development of the system
Guido Grimaldi confirmed president of the Logistics Association of Sustainable Intermodality
Rome
ALIS celebrates eight years of life
File the charges against four employees of the AdSP of the South Tyrreno and Ionian
Joy Tauro
The Gip of the Palmi Tribunal in Palmi has been definitively established.
In the third quarter, new orders to the ABB group grew by 1.8% percent.
Zurich
Revenue up 2.3%
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Visit by Giani, Guerrieri and Macii to the Darsena Europe shipyard in the port of Livorno
Livorno / Florence
In the port of Piombino inaugurated the new plaza in front of the quay of the regasification ship
Gruber Logistics opens its own first headquarters in the Middle East
Time
Initially the new Dubai branch will focus on cargo project and air and sea transport.
Delivery of works for the completion of the port of Tremestieri
Messina
They are expected to be completed in two years
Spediporto has organized a two-day trip on the Green Logistic Valley and Italy-China trade
Genoa
In the third quarter of 2024, container traffic in the port of Hong Kong decreased by -7.1%
Hong Kong
In the first nine months of the year, the decline was -5.7% percent.
CEVA Logistics constitutes a joint venture with Saudi Almajdouie Logistics
Riyad
It will operate the transport-related and logistical activities carried out by the two companies in Saudi Arabia
Concern of the Spezia's maritime agents for the possible curb to cruise traffic in port
The Spezia
APSEZ completes the acquisition of 95% of the company that operates the Indian port of Gopalpur
Mumbai
The port climber has a traffic capacity of 20 million tonnes per year
Fit Cisl La Spezia, no to the passing of the Carrara port management at the AdSP of the Northern Tirreno Northern
The Spezia
The Tuscan port has benefited from substantial financial resources from the Via del Molo.
Changed Risso enters the capital of Maritime Maritime Agency Ravennate
Ravenna / Genoa
Established a joint venture joint venture
Minerva Bunkering has purchased the US Bomin Bunker Oil
Singapore
The American company has been ceded by Germany's Mabanaft
Approved the new safety regulation of the port of Genoa
Genoa
Processed by the Capitaneria in Porto with the involvement of port operators, it will enter into force on the first November
Evergreen's trend of revenue growth continues, Yang Ming and WHL
Taipei / Keelung
In September 2024, however, a double-digit percentage decline was recorded compared to the previous month.
Ferfreight's proposals for the infrastructural development of the last mile and for the resolution of criticalities
Padova
High-automation drones to surveil the areas of Interporto Padua
Padova
They take off and land in a "robotic hangar"
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
Spediporto has organized a two-day trip on the Green Logistic Valley and Italy-China trade
Genoa
It is scheduled on 22 and October 23
In Mantua the annual meeting of the European Federation of Inland Ports
Mantova
››› Meetings File
PRESS REVIEW
Russia and India join forces in the Arctic, leaving China aside
(News.Az
The Overlooked Legacy of Black Dockworkers: Forging Justice On America's Waterfronts
(BET)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Rexi : Financial will not introduce increases in the cost of diesel for self-transport
Rome
They are not expected-he assured-changes to the current tariffs
In Mantua the annual meeting of the European Federation of Inland Ports
Mantova
Tomorrow the international workshop "HyMantoValley project Creation of the Hydrogen Valley in the Valdaro inland Port"
Joy Tauro, possible further extension of the Agency for the administration of labour in port
Joy Tauro
Agostinelli : It will be required in the event of failure of the next meeting for the establishment of the ex art enterprise. 17
In the port of Gioia Tauro, 280 kilos of cocaine were seized
Reggio Calabria
More than 40 million euros could have been made in the market.
Baker Hughes to renounce industrial settlement in the port of Corigliano Calabro
Joy Tauro
Agostinelli : who did not want this project to enjoy this tragic victory!
VARD will build a Commissioning Service Vessel to Navigate Capital Partners
Trieste / Ålesund
It will be delivered in the second quarter of 2027
Liguria, Piedmont, Lombardy, Apulia, Calabria and Liguria have signed up to the Mit.
Rome
The Regions integrate with own resources the state appropriation
Fatal accident in the port of Naples
Naples
A worker lost his life overwhelmed by a mechanical means
Partnership of Magellan Circle and EETRA to promote sustainability in the port and logistics sectors
Agreement for the design and realization of a new maritime railway station in Savona
Savona
The link between the Savona Parco Doria station and the new plant is expected to be adapted.
In the third quarter, the revenues generated by the OOCL container business grew by 73.7%
Hong Kong
Volumes of truckloads transported increased by 3.6%
On Wednesday, Padova will take over the third edition of Green Logistics Expo
Padova
Among the appointments, the States Generals of the Logistics of the North East and Mercintrain
Three new appointments to top executives of TESYA group companies
Milan
Pierre-Nicola Fsheep new general manager of group, Flavio Castelli new CEO of CLS E Vincent Albasini new CEO of CGTE
Rixi : winning idea for a maritime country is the possibility of having foreign shareholdings with concessions in extra-European ports
Naples
They would be useful-he explains-to stabilize the logistical lines in every geopolitical condition
Port of Spezia, in mid-2025 the electrification of the Molo Garibaldi will be completed
The Spezia
In recent days in Estonia the test of the robot from the quay will connect the power grid to the ship.
New training project of Assologistics in collaboration with Randstad Italia
Milan
Creation of a digital platform to facilitate management and fruition of training courses
A Vietnamese delegation in Geneva to increase cooperation with MSC
Hanoi
Proposal participation in the project of the new deep-water port in Lien Chieu (Da Nang)
A strike blocks the ports and airports of Corsica
Ajaccio
Protest against the assumption of entrusting its management through a contest
The Transport Regulatory Authorities of Italy and France have started a cooperation
Paris / Rome
T&E, the only system based on a Global Fuel Standard is not enough to decarbonize shipping
Brussels
The organization highlights the need for it to be accompanied by the application of a global tax on emissions
The AdSP of the East Ligurian Sea completes acquisition of 2.4% of the capital of CEPIM-Parma Interport
The Spezia
Buy the share of the Municipality of La Spezia and of the Riviere Chamber of Commerce in Liguria
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