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04 April 2025 - Year XXIX
Independent journal on economy and transport policy
22:51 GMT+2
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Original news
The IMO and EU standards for the environment will result in an increase in the operational costs of the ro-pax vessels that appears unsustainable
Two studies by Assshipowners and RINA warn that the problem (the crisis?) is imminent. Between 275 million and 380 million euros are the extra costs of the Italian cabinet-level fleet
June 28, 2022

The additional costs for reducing the greenhouse gas emissions of ships generated by the climate protection measures introduced in the International Maritime Organization (IMO)? And the ones planned for the maritime transport sector under the European Union's climate package "Fit for 55"? They will be huge and, in the case of regular passenger and rotable sea transport services, they will likely reverberate both on ship owners and ship operators, and on the users of services and public collectivity. This seems to be the future scenario outlined by a study carried out by the RINA classification and certification company on behalf of the Italian shipowner association Assshipowners and focused on the application to the Italian fleet of ships -pax and ro-ro of the IMO measure on reducing the carbon intensity indicator (CII) and by a study carried out by the same Assshipowners related to the "Fit for 55" package on passenger and freight transport for the major islands and the smaller islands as well as on the Autostrade del Mare.

The RINA study, presented today by Andrea Cogliolo, is part of the initial aims of the IMO for reducing greenhouse gases emitted by ships that predict a 40% percent reduction in carbon intensity by 2030 compared to levels of 2008 percent, to rise then to 70% percent by 2050, the date by which the 50% percent reduction in greenhouse gas emissions is expected. The paper highlights the impact of the Carbon Intensity Indicator (CII) on the Italian flag ro-pax fleet that is formed by 73 vessels, a fleet that for more than 73% in 2026 would no longer be allowed to navigate if they are not put in place additional measures to improve energy efficiency or if a change in operational profile will not be expected. One change-Cogliolo specified-that mostly should correspond to a decrease in the speed of the ship, which is the most effective measure to obtain it.

The CII requirements will enter into force since 2023. The Carbon Intensity Indicator is the carbon intensity indicator that measures the efficiency with which the ship carries passengers or goods and to which an annual rating is assigned from letter A, in the case of the best performances as to reduced carbon dioxide emissions, to the letter E, in the case of the worst performance. The RINA study highlights that in 2026, 32% percent of the Italian ro-pax fleet will have an E rating and 41% percent rating D, efficiency assessment that would improve by excluding the emissions that ships produce in ports, with an E rating which in such a case would be allocated to 19% percent of the Italian ro-pax fleet and a D rating at 42% percent. Summarizing the outcome of the analysis, Cogliolo found that if within the next 3-4 years 73% percent of the fleet will no longer be compliant for shipping, then it will be necessary to operate it to bring it into compliance and it will mean "going more slowly", reducing it of the speed of ships that would obviously have significant repercussions on the operational efficiency of maritime services.

But as early as next year, more than 23% percent of Italian ferries will be in the final bracket and not complying with the standard (rating E) and a further 40% percent would need radical intervention to improve efficiency. energy in the short term (rating D). Only 37% per cent of the naviglio would be able to comply with the requirements without the adoption of further measures (A-B-C rating).

The study in Assshipowners, presented by Enrico Allieri, is above all the remarkable push for the renewal of the fleets imprinted by the IMO, in the form of a technical lever, and by the European Union, in the form of an economic lever, which it envisages-he noted Allieri-an acceleration of the process of renewing the fleets compared to the usual lifecycle of ships. "At a time when shipping does not have technically feasible, adequate and cost-competitive solutions to decarbonize and when the pressure imposed by the regulations will result," it said in a moment. inevitably in an economic pressure.

Currently, for the shipping sector, the "Fit for 55%" package provides for its inclusion in the EU ETS for the exchange of emission allowances in the EU, the imposition of greenhouse gas intensity requirements on marine fuels through the FuelEU Maritime initiative, the revision of the European Energy Tax Directive (ETD) proposing the removal of the expected tax exemptions for fossil fuels employed in maritime transport and the adoption of a new regulation for the realization of an infrastructure for alternative fuels (Alternatives Fuel Infrastructure Deployment-AFID). In this regard, Allieri noted that the inclusion of shipping in the EU ETS and the revision of the ETD Directive will automatically translate into an increase in the cost of energy, while following the adoption of the AFID Regulation, it would have to be to intervene on the cost of the electric power of land that in the ports would be provided to the ships.

The pain notes come precisely from the assessment of the increase in the cost of energy determined by the EU ETS and ETD. The study explains that the combustion of a tonne of Very Low Sulphur Fuel Oil (VLSFO), the low-sulphur naval fuel, produces around 3.1 tonnes of CO2 and that, under EU ETS, currently a share of CO2 is traded at 85 euro. This means that for each tonne of shipping fuel, 263.5 euros of additional costs are expected to be added. In addition, under the ETD, applying the minimum tax rate imposed by the EU would need to be added another 37 euros / tonne. The final result is that for every tonne of VLSFO consumed, it would have to be spent about 300 euros / tonne more. A type of fuel, the VLSFO, is necessary to specify as a reference, which today in the port of Rotterdam is priced at around 900 (851 euros) /tonne.

The Assshipowners study also highlights that the EU ETS and the ETD Directive fit in with a very sustained growth environment of the price of fuels compared to pre-pandemic levels. Recalling that the pre-pandemic price of fuel was 400 euros / tonne and today rose to around 1,000 euros / tonne, the paper points out that with EU ETS and ETD the price will grow further to over 1,300 euros / tonne, determining an increase of +325% of the cost of energy that for many shipping companies accounts for more than 50% of the operational costs of ships.

The analysis by Assshipowners then clarified, in order to make known what the annual consumption of the Italian ro-pax fleet and the related annual quantities of greenhouse gas emissions were, which in 2019 the vessels of the cabinet-level fleet consumed about 1.25 million of tonnes of fuel and emitted around 3.90 million tonnes of CO2, while in the same year the total of CO2 emissions in Italy amounted to 418 million tonnes, volume to which the cabinet-level fleet contributed 0.9%.

The study thus quantifies more than 275 million euros per year, of which almost 230 million for the ro-ro-pax vessels engaged in long-haul routes, typically for Sardinia and the Autostrade of the Sea, the additional costs that the sector operates the cabotage fleet will have to support following the introduction of the EU ETS, which would be able to rise to 320 million euros with the introduction of the ETD, but could even reach 380 million euros if, in order to energy, the level of industrial excise taxes were adopted. For each ship, it would be almost 3.5 million euros more per year, Allieri said, illustrating what the additional cost per passenger will be on the ro-pax ships employed in the long-haul links : out of a total of 9.0 million passengers transported, estimated to be 260-290 million euros the cost determined by EU ETS and ETD, the additional cost per passenger would be around 30 euros, figure-which is around 70% percent of the current price. of the ticket for a bridge pass, which is usually the lowest fare to embark on a ferry.

It is inevitable to ask ourselves-as Allieri and Cogliolo did-who will bear these additional charges, being presumptive, in fact, likely, that if any part of these costs are covered by ship owners or ship operators, another will be borne of the users of maritime services and another party still, probably, will be borne by the State in the framework of services to ensure territorial continuity.

As for the shipping industry alone, Assshipowners believe that " certain initiatives put in place to foster environmental sustainability risk putting serious crises and certain aspects in a way that can irreparably affect shipping, with impacts in particular on the Italians living on the islands also with regard to the supply of goods, the territorial continuity guaranteed by the Constitution and the tourism industry. "

"Only euphemistically can be described as worrying and which unfortunately confirms how much our association has been supporting for a long time : the measures that have been taken by us," said the president of Hesse, Stefano Messina. The European Commission for the decarbonisation of maritime transport, completely shareable in theory, is intact and risk creating serious damage not only to the economic resilience of the companies engaged in these services, but also to the downstream, all over the waterway : freight services, passenger transport, island tourism. These two studies testify to all this with incontrovertible numbers, data and analysis, which should be taken into account at the national and European level before adopting rules that impair so heavily on the sector, by making ideological choices that, in addition to not really ensuring environmental sustainability, would also go to undermine economic and social. "
›››News file
FROM THE HOME PAGE
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
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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
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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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