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Independent journal on economy and transport policy
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BRIEFS
September 1, 2011
The Business Timesweb site
Shipping News
  • Baltic Dry Index falls for 3rd straight session
    The Baltic Dry Index, a measure of commodity-freight costs, fell for a third consecutive session as bookings to ship iron ore from Australia and Brazil declined and stockpiles at Chinese ports reached an all-time high.
  • Containers stay at 50-year low as sales growth slows
    The container- shipping industry is contending with the longest stretch of near-zero rates in its half-century history on the Asia-to-Europe route, as a capacity glut combines with the slowest growth in trade since 2009.
  • APM to build and run US$992m Costa Rican terminal
    APM Terminals has won a US$992 million contract to run what it is calling the largest infrastructure project in Costa Rica's history - the new Moin Container Terminal on the Caribbean coast.

Sched Netweb site
  • China Merchants first half profit increases 102.5pc to US$116 million
  • Yang Ming, Wan Hai-Interasia offer weekly direct Japan-Indonesia service
  • Customs & Excise Department opens cargo service centre in Hong Kong
  • Mumbai's Nhava Sheva container throughput drops 2pc in second-half
  • Transpacific rate benchmark jumps 21.5pc as peak surcharges take hold
  • CMA CGM includes Cai Mep in Vietnam 3 on intra-Asia service loop
  • Neptune Maritime Security says Iran Navy in fight against Somali pirates
  • Australia QR National profit gains, but volumes softened by floods
  • At 77pc more trade to Hamburg, Baltic growth outpaces Europe's big players
  • Bulgaria's state railway BDZ cargo unit privatisation on course
  • Okay Airways signs cooperation agreement with Heilongjiang government
  • Russia's Prime Minister Vladimir Putin pledges support for aviation sector
  • Seattle's maths/tech heavy Aviation High School looks forward to new campus

International Transport Journalweb site
AUGUST 31, 2011
  • MOL earns commendation from Cambodian government
    Mitsui O.S.K. Lines, Ltd. (MOL) recently cooperated with the non-profit organisation Side By Side International (SBSI) to transport 34 medical vehicles and other equipment to help ...
  • Niedersachsen Ports steps up marketing activities
    Joachim Birk is the new head of marketing of Niedersachsen Ports GmbH & Co. KG, a Lower Saxony-based port operator. The MBA graduate will in the future oversee the cross-site m...
  • USD 200 million road loan to support growth in India's northeast
    The Asian Development Bank (ADB) is lending up to USD 200 million to reconstruct roads in northeastern India, which will reduce its isolation and open up badly needed growth and de...
  • Mechel leases mainline diesel locomotives
    Mechel, one of Russia's leading mining and metals companies, has signed a contract between Mecheltrans Vostok, Sinara-Transport Machines and VTB Leasing for the development, produc...
  • Switzerland: Camion Transport now using hybrids
    Swiss transport company Camion Transport (CT) has enhanced its fleet of vehicles with a Mercedes-Benz Atego BlueTec Hybrid. It is the first hybrid lorry in general cargo shipments ...
  • CN and CNBM Forest Products Trading strike lumber export deal
    The Canadian National Railway Company (CN) and China's CNBM Forest Products Trading have reached an agreement to use CN's new lumber transloading facility in Vancouver to increase ...
  • New weekly service AC-3 launched
    AC-3 - a new regular ocean container line of Maersk - launched a weekly service to the container terminal Vostochnaya Stevedoring Company LLC (a Global Ports group company). The fi...
  • Another customs first for Cargoitalia
    Italy's Cargoitalia has been approved by the Italian customs authorities to submit electronic T1 forms as of tomorrow, 1 September. The move will enable the airline to cut transit ...
  • China Southern Airlines joins Barig
    China Southern Airlines is the latest member of the Board of Airline Representatives in Germany (Barig), taking the number of members in the world's biggest national airline associ...
  • Dallas welcomes new Air China Cargo service
    Dallas/Fort Worth international airport (DFW) last week welcomed the first of what will be three Air China Cargo freighter flights a week, giving DFW additional cargo capacity to S...
  • CMA CGM carries more than 4.8 m teu in first six months
    CMA CGM, the world's third-largest container shipping company, has reported revenue of USD 7.3 billion for the first six months of 2011, an increase of 8% on the prior-year period....
  • Trans-o-Flex boosts capacities in Germany and the Netherlands
    The express delivery service Trans-o-Flex is expanding. A new central hub in s'Hertogenbosch and new sites in Bavaria and Brandenburg optimise the service provider's national and i...
  • Quehenberger: retail logistics for Libro and Pagro
    Austria's services provider Quehenberger Logistics is assuming responsibility for logistics services to 360 Libro and Pagro branches in Austria with immediate effect. In doing so, ...
  • Panalpina introduces new intra-Asia service
    Basel-based Panalpina explained that there have traditionally been only two main choices for cargo flows between China and Southeast Asia: costly air freight or slower ocean freigh...

Marine Logweb site
AUGUST 31, 2011
  • American P&I Club manager hires Asian region specialist
  • Fearnley's has an App for it
  • GulfMark Offshore orders three PSV's from Remontowa
  • VOS ballast water treatment systems ordered for Sovcomflot VLCC's
  • Bourbon CEO sees offshore service market upswing ahead
  • Ingalls Shipbuilding starts fabrication of fourth NSC
  • SeaArk Marine suspends acceptance of new boat orders

World Wide Shipperweb site
AUGUST 31, 2011
  • Washington Ferry System changes adopted by transport commission
  • Coast Guard teams with Army to remove bouy from Washington beach
  • Crowley presents scholarships to four Alaska Fairbanks students
  • Trucking group praises President for asking congress to fund transport
  • World Airways works deal to operate Boeing Freighter for Asiana

Lloyd's Listweb site
AUGUST 31, 2011
  • Can Cosco follow China Shipping to long-term contracts?
    Giant Chinese bulk operator's recent charter renegotiation antics will not help build credibility
  • Boxship businesses share risky outlook
    Ordering the large ships at market peak brings added pressure to secure cargo
  • Key to Sinotrans' success lies in stable charter income
    Shipowner stands out among Chinese state-affiliated shipping companies for its strong financial position and robust balance sheet
  • Bank lending under threat as sovereign debt fears are reignited
    Banks are becoming more cautious as cost of insuring debt soars
  • Owners cold-shoulder hot lay-ups
    Underlying optimism that demand will catch up with supply is keeping ships on the water
  • Time to put a stop to creeping localism
    The spawn of localism is protectionism, the child of which is a direct attack on world trade
  • Shipowners should look to technology before using armed guards
    Shipowners should consider anti-piracy technology before resorting to armed guards onboard
  • On the tourist trail in Rotterdam's sandpit
    Maasvlakte 2, the port expansion project that will provide 1,000 ha of new 'land' taken from the North Sea, is capturing ordinary Dutch people's attention
  • Rodopoulos bows out after 36 years at RBS
    Fellow veteran Fotis Bratimos takes over responsibilities at Piraeus operation of Greek shipping's leading lender
  • VLCC earnings slump to historic lows on Middle East to US trade
    Owners continue to ply the route hoping to find a trip back to Asia to boost overall returns
  • Two more Greek ferry lines see red
    National crisis, fuel hikes and intense competition all blamed for first-half woes
  • Oil and shipping players move to restore Libya trade quickly
    Nato warns of 'sporadic untargeted firings out to sea' but says they are celebrations
  • Capesize rates jump 18% as spot chartering activity surges
    Busy transatlantic trade lane gains nearly $4,500 per day, up almost 30%
  • MSC bargain panamax boxship charter price shocks market
    Rate of $12,000 per day for a 5,000 teu vessel is down 30% on last reported fixtures
  • Eurogate throughput jumps 13% in first half
    Sluggish Hamburg throughput expected to improve in second half
  • APM Terminals sells 25% stake in Xiamen Songyu box facility
    Deal with joint venture partner Xiamen Port Holding Group halves APM's interest in $380m Chinese port development
  • Stena scales down fast craft service
    Line trims Holyhead-Dun Laoghaire operation due to high fuel and maintenance costs
  • Höegh and Awilco maintain faith in LNG despite second quarter losses
    Demand and rates to stay high, say Norwegian companies
  • Boxship orders surge in 2011
    But 2007 record unlikely to be broken
  • Never mind the flag state
    At least for vulnerable vessel types, armed guards are the new normal
  • Belships takes shelter from worst of the market storm
    Keeping vessels on long-term charters pays off
  • Latest figures confirm sharp slowdown in trade growth
    OECD statistics reflect the developed nations' big budget deficits and emerging economies' inflation battles
  • Turning away from the market
    A key legacy of the financial crisis in shipping is that commercial banks wait in the wings while government funding is on the rise
  • India opens way to deploying armed anti-piracy guards
    New guidelines permit shipowners to engage private maritime security companies after a selection and vetting procedure
  • Norwegian Car Carriers sees charter rates rise 11%
    Tonnage provider expects year-long wait for stronger market despite improvements
  • Container lines prepare to resume Libya calls
    Maersk to reinstate service from September 8 while CMA CGM ready to return to Tripoli
  • Cosco starts to pay up
    Apparent turning point in wide-ranging charter hire spat comes just ahead of fresh wave of arrests, say industry sources
  • Eitzen to exit semi-refrigerated gas carrier market
    Disposal of ships to investment company B-Gas will raise $53m
  • NYK to issue $716m in bonds
    Company cites favourable conditions in the bond market for its decision
  • US verdict a major setback for foreign seafarers
    Court imposes Bahamas arbitration on personal injury case

Fairplayweb site
AUGUST 31, 2011
  • Wheatstone LNG moves closer in Oz
    DREDGING conditions have been imposed on Western Australia's Wheatstone LNG project as part of its environmental approval, IHS World Markets Energy reported today
  • Intereuropa investment ruins port's profits
    SLOVENIA'S only port operator, Luka Koper, said today it had net profits for 1H 2011 of €3.4M ($5M), a 36% drop against the same period of last year
  • Weak dollar hurts Bourbon
    FRENCH offshore vessel operator Bourbon today reported first-half net losses of €21.4M ($30.9M) after it was hit by a fall in the value of the dollar
  • Bank deal seen as Greek ship finance boon
    THE JOINING of two Greek ship finance banks announced this week will create Greek ship finance's fourth-largest lender, a leading sector analyst told Fairplay today
  • Shipyard group's losses widen
    HONG KONG-listed China Ocean Shipbuilding Industry Group, the owner of Jiangxi Jiangzhou Union Shipbuilding, today announced heavier first-half losses as it reported several disputes with foreign customers
  • Bumi Armada profits drop 18%
    MALAYSIA's FPSO specialist Bumi Armada said today net profits for 2Q2011 dropped 18% year on year to 61M ringgit ($20.4M), while 1H2011 profits rose 2% y/y to 143.1M ringgit
  • Logic breaks down in India's scrapping market
    VOLATILITY in the breaking market has turned to confusion after speculation by Indian yards pushed up offers, despite a drop in local prices for steel plate
  • COSCO International's profits drop 20%
    COSCO International Holdings today said its H1 net profits were HK$277M ($36M), down 20% from HK$346M ($45M) in that period of 2010
  • Drybulk port snarls ease
    AFTER rising for the past two weeks, congestion in drybulk ports in China, India and Australia is easing off
  • Handies dominate box sector's chartering
    STRONG intra-Asia box business ensured that Handysizes are dominating chartering activity
  • Maybulk profits fall 10%
    MALAYSIAN Bulk Carriers said today net profits for 1H2011 dropped 10% year on year to 74.5M ringgit ($25M)
  • Supramax bubble bursts
    SUPRAMAX bulker rates have risen for two weeks, but brokers told Fairplay today that the sector's bubble has burst
  • DryShips reveals earnings miss
    GEORGE Economou's DryShips today reported huge quarterly losses on vessel sales and fell far short of Wall Street forecasts

Containerisation Internationalweb site
AUGUST 31, 2011
  • Carriers confident of market upturn in H2 11
  • CMHI's H1 11 profits strong on back of Bohai and Yangtze ports
  • Lines to return to Libya
  • CSAV and CMA CGM expand Gulf Bridge Express service
  • APM T signs Moin CT deal

TradeWindsweb site
AUGUST 31, 2011
  • Analysts survey DRYS
    DryShips dispute with Cosco takes centre stage as analysts slash earnings estimates while clinging to coveted rating.
  • APM invests in Costa Rica
    AP Moller-Maersk terminal wing ploughs $992m into Central American container project.
  • Sevan sits on the brink
    Bankruptcy may be on the horizon for Oslo-listed FPSO owner following staggering $639m second-quarter loss.
  • EMGS goes shopping
    Oslo-listed seismic survey vessel owner takes on Seatrans duo as it prepares $15.8m acquisition of OHM.
  • Latvian loses less
    Vitol-controlled tanker owner brings down deficit in first half as it keeps eagle eye on administrative expenses.
  • Swire settles spill claims
    Small businesses paid, but Queensland state clean-up bill yet to be decided following Pacific Adventurer accident in 2009.
  • KPMI profit spikes
    Philippines shipyard's repair operations boom in second quarter as earnings surge.
  • George close to drill job
    DryShips reveals pending West African contract as Cosco dispute is briefly overshadowed.
  • Rodopoulos exits RBS
    Greek ship finance fixture heads for retirement to be replaced by long-term colleague Fotis Bratimos.
  • Colombo clinches ferry order
    Sri Lankan shipbuilder seals deal for two new passengerships for India's Lakshadweep islands.
  • Genting in the money
    Malaysian owner of Star Cruises and NCL said first-half earnings surged as revenue climbed.
  • Frontline joyride rolls on
    Oslo-listed tanker owner sees its stock enjoy a second day of climbs after its summer slump.
  • Nordic's arctic odyssey
    Danish owner teams with Sanko to take ice-class panamax bulker along Northern Sea Route to China.
  • Awilco starts at a loss
    Anders Wilhelmsen-backed LNG newcomer posts red ink in Q2 as it waits for its fleet to become fully operational.
  • Currency costs Erria
    Danish chemical tanker owner blames forex losses for bigger deficit in first half of 2011.
  • Boxship hits whale
    HMM's Hyundai Faith arrives in Rotterdam with dead orca wedged on its bow.

American Shipperweb site
AUGUST 31, 2011
  • 'Fueling' trade
    U.S. seeks partnership for drop-in biofuelsThe U.S. Agriculture, Energy and Navy departments on Tuesday issued arequest for informationlaying out the Obama administration's goals, assumptions and tools, and requesting from industry specific ideas ...
  • Irene's aftermath
    Freight rail feels Irene more than ports Ports and railroads in the direct path of Hurricane Irene last week appear to have dodged major problems, according to damage assessments. ALAN helps with Hurricane Irene relief In the aftermath of Hurricane...
  • September Cover Story
  • TSA unveils transpacific rate index
    June transpacific rates reached a 14-month nadir, according to a new monthly revenue index being published by the Transpacific Stabilization Agreement. The index tracks average revenue per FEU levels against a June 2008 baseline. In June, the inde...
  • 2011 large ship orders dwarf 2008-2010
    Fifty-two containerships of 10,000 TEUs or larger have been ordered since the beginning of 2011, dwarfing the number of such orders over the last three years, according to research from Braemar's Seascope division. Only 10 such vessels were ordered...
  • MCC revises intra-Asia loops
    MCC Transport, the intra-Asia specialist carrier of the A.P. Moller - Maersk Group, has made changes to a number of its services connecting various regions within Asia. The line's IA4 service will drop a call in Shanghai and add a second, southboun...
  • Delmas splits Med/Africa butterfly
    CMA CGM and subsidiary line Delmas have split a butterfly service connecting the Mediterranean and West Africa into two loops, according to American Shipper affiliate ComPair Data. The five-ship service, known as Diams, has been split into two thre...
  • CSAV adds ports to Gulf Bridge Express
    Chilean containership operator CSAV said it is adding ports to the Gulf Bridge Express service that it operates with CMA CGM between ports in South America, the Caribbean, Mexico and the United States. The service will add calls at Puerto Cabello ...
  • Jensen Maritime expands in U.S. South
    Jensen Maritime Consultants, a naval architecture and marine engineering firm, has expanded operations in the U.S. South by opening a second office within parent company Crowley Maritime Corp.'s Jacksonville, Fla., headquarters. This new office wi...
  • Fla. cargo carrier hit for safety violations
    The U.S. Federal Aviation Administration said Monday it plans to fine Capital Cargo International Airlines $298,500 for operating eight Boeing 727 aircraft that were inspected by an unqualified mechanic who signed off on their airworthiness, in vi...

The Bunker Bulletinweb site
AUGUST 31, 2011
  • Crude falls on news of increasing supply
    'We are following the stock market, and we're supportive on gasoline because of the idea that the storms may shut down some of the refineries,' says research analyst.
  • Fujairah prices firm
    Supplies said to be tight for prompt dates.
  • Double-digit gain in bunker prices
    Wide spreads in Rotterdam spot prices.
  • Aegean chief sees company gain momentum
    President upbeat after company's Q2 result beat analysts' expectations and class action lawsuits were withdrawn.
  • Russian oil company to expand international bunker operations
    Gazprom Neft to supply in Romania and Baltic states.
  • Solar sails could be fitted to bulk carrier
    Fuel savings would cover costs 'in two years'.
  • September fuel oil arbitrage at 32-month low
    But October volumes up in 'famine-to-feast' scenario.
  • High-speed ferry service cut as fuel costs bite
    'High costs, particularly in terms of fuel costs and gas turbine maintenance, has been a major factor,'says Stena official.
  • Mid-week price levels up at Asian ports
    Supplies of bunker fuel sufficient at key Asian ports on Wednesday.
  • US military issues RFI on drop-in biofuels
    Focuses on 'technical, manufacturing and market barriers' for starting a business on drop-in biofuels.
  • 'Largest' ice-breaking vessel completes model testing
    Iron ore carrier able to travel two times faster with 5% increased fuel efficiency.
  • Yang Ming ends first half with losses
    Blames losses largely on surging bunker fuel costs.
  • Singapore supplier receives 2,000 dwt newbuild bunker tanker
    2,000 dwt Sentek 22 currently awaiting harbour craft license to operate at republic.
  • Fuel monitoring tool launched
    Allows for monitoring an entire fleet's fuel usage through the internet.

›››File
FROM THE HOME PAGE
Jeremy Nixon will hand over his position as CEO of Ocean Network Express to Till Ole Barrelet on July 1st.
Singapore
The German manager comes from Emirates Shipping Lines
The first three electric gantry cranes have been installed at the new intermodal terminal in Milan Smistamento.
Milan
At full capacity it will be able to handle up to 44 trains per day
Hong Kong government protests PPC's removal from Panamanian ports
Hong Kong/Beijing
Beijing government spokeswoman stressed that China will firmly protect the rights and legitimate interests of its companies.
European transport associations call for the CEF to be allocated at least €100 billion
Brussels
Chronic underfunding and financial shortfalls are lamented
The Panamanian government assigns the transitional management of the port of Balboa to APM Terminals and the port of Cristóbal to TiL
Hong Kong/Panama
CK Hutchison Holdings denounces the illegality of the terminal seizure and confirms the possibility of legal action.
Panamanian government seizes assets and equipment at the ports of Balboa and Cristóbal
Panama
The Panama Ports Company of the CK Hutchison group has been removed from the management of the two ports
Statement by rail and intermodal transport associations against gigaliners on European roads
Brussels
The current positions of the EU institutions - they denounce - all include elements that risk opening the door to a widespread diffusion of these vehicles.
The mandate of the EuNavFor Aspides mission has been extended until 28 February 2027.
Brussels
A budget of almost 15 million euros has been approved
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
Madrid
Santana: We believe that some aspects of the ETS should be monitored and, where necessary, revised.
Tidewater acquires Brazil's Wilson Sons Ultratug Participações for $500 million.
Houston
It has a fleet of 22 Platform Supply Vessels
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Washington/Suitland
An executive order confirming the suspension of the "de minimis" regime was also signed.
Slight growth in freight traffic in the port of Ancona in 2025
Ancona
Rolling stock slightly down. Passenger numbers significantly down.
Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.
London
Global Ports Holding invests over €4.5 million
One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )
Singapore
A fire broke out on the unit
SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance
Bern
The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Hamburg
Containers boosted the growth. Volumes remained stable in the fourth quarter alone.
In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.
Copenhagen
Last year, cargo traffic in Montenegro's ports grew by 1.6%.
Podgorica
Cargoes to and from Italy alone increased by +64.6%
To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah
The Hague/Dubai
DP World will keep the remaining 62.5%
Continues the bending of the traffic of the container in the port of Los Angeles
Los Angeles
In January decrease of -12.1%. Bown: the state of exports to China seems bad
In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%
Civitavecchia
In the whole year growth was +3.1%
Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN
Luxembourg/Rotterdam
The agreement includes rental agreements for over 5,000 multimodal load units
The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio
Rome
The International Chamber of Shipping against the new harbour taxes programmed by the US government
Washington
Necessary - the association emphasizes - carefully coordinated political solutions
Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri
Miami/Trieste
They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises
Hapag-Lloyd and ZIM agreed on a merger agreement
Haifa/Hamburg
The German company will pay up to $2.5 billion
America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.
Washington
It would be used to fund the new Maritime Security Trust Fund
Hapag-Lloyd to acquire Israeli ZIM
Hamburg
The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Livorno
Livorno Reefer to acquire stake in CSC
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
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
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
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