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Independent journal on economy and transport policy
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BRIEFS
February 2, 2011
The Business Timesweb site
Shipping News
  • Bunker trade to rebound after worst slump in 2 years
    The profit traders can get from selling shipping fuel in Singapore, the world's second- busiest container port, may rise 24 per cent in 2011 after the worst slump in at least two years, a Bloomberg News survey showed.
  • Supertanker earnings remain steady despite Egypt protests
    Crude oil tanker earnings on the key Middle East route were steady on Monday with market players keeping an eye on potential disruptions to the Suez Canal due to political unrest in Egypt.
  • Baltic Dry Index falls to lowest level in 2 years
    The Baltic Dry Index, a measure of commodity-shipping costs, fell to the lowest in two years as new vessels joined the fleet.
Strait Talk
  • Marine insurers' challenges
    LAST week, committee members of the International Union of Marine Insurance (IUMI) gathered in London for their winter meeting. As an indication of just how much piracy is dominating the agenda, a press release, and the press conference held after the meeting, led off with a plea for action against piracy.
Motoring
  • Mitsui hitching a ride with Car Club on road to expansion
    JAPANESE conglomerate Mitsui is planning to use Singapore car-sharing company Car Club as a cornerstone for its expansion into the region.
  • History of car sharing in Singapore
    THERE are three companies currently offering car-sharing services in Singapore - Car Club, KahShare, and WhizzCar. Together, they have a total fleet size of more than 260 cars and a combined database of some 5,000 members.
  • GM mulling new plants in China in coming years
    General Motors (GM), the top US carmaker, is considering adding new plants in China in 2011 and after, a top executive said yesterday, as it moves to meet steady demand in the world's top car market.
  • Toyota still Japan's leading global brand even as value drops on recalls
  • Hyundai posts double-digit growth in Jan sales
  • Toyota, Nissan lead Japanese carmakers' drop in sales
  • US auto sales in Jan seen up despite weather

The Business Timesweb site
Shipping News
  • Bunker trade to rebound after worst slump in 2 years
    The profit traders can get from selling shipping fuel in Singapore, the world's second- busiest container port, may rise 24 per cent in 2011 after the worst slump in at least two years, a Bloomberg News survey showed.
  • Supertanker earnings remain steady despite Egypt protests
    Crude oil tanker earnings on the key Middle East route were steady on Monday with market players keeping an eye on potential disruptions to the Suez Canal due to political unrest in Egypt.
  • Baltic Dry Index falls to lowest level in 2 years
    The Baltic Dry Index, a measure of commodity-shipping costs, fell to the lowest in two years as new vessels joined the fleet.
Strait Talk
  • Marine insurers' challenges
    LAST week, committee members of the International Union of Marine Insurance (IUMI) gathered in London for their winter meeting. As an indication of just how much piracy is dominating the agenda, a press release, and the press conference held after the meeting, led off with a plea for action against piracy.
Motoring
  • Mitsui hitching a ride with Car Club on road to expansion
    JAPANESE conglomerate Mitsui is planning to use Singapore car-sharing company Car Club as a cornerstone for its expansion into the region.
  • History of car sharing in Singapore
    THERE are three companies currently offering car-sharing services in Singapore - Car Club, KahShare, and WhizzCar. Together, they have a total fleet size of more than 260 cars and a combined database of some 5,000 members.
  • GM mulling new plants in China in coming years
    General Motors (GM), the top US carmaker, is considering adding new plants in China in 2011 and after, a top executive said yesterday, as it moves to meet steady demand in the world's top car market.
  • Toyota still Japan's leading global brand even as value drops on recalls
  • Hyundai posts double-digit growth in Jan sales
  • Toyota, Nissan lead Japanese carmakers' drop in sales
  • US auto sales in Jan seen up despite weather

The Business Timesweb site
Shipping News
  • Bunker trade to rebound after worst slump in 2 years
    The profit traders can get from selling shipping fuel in Singapore, the world's second- busiest container port, may rise 24 per cent in 2011 after the worst slump in at least two years, a Bloomberg News survey showed.
  • Supertanker earnings remain steady despite Egypt protests
    Crude oil tanker earnings on the key Middle East route were steady on Monday with market players keeping an eye on potential disruptions to the Suez Canal due to political unrest in Egypt.
  • Baltic Dry Index falls to lowest level in 2 years
    The Baltic Dry Index, a measure of commodity-shipping costs, fell to the lowest in two years as new vessels joined the fleet.
Strait Talk
  • Marine insurers' challenges
    LAST week, committee members of the International Union of Marine Insurance (IUMI) gathered in London for their winter meeting. As an indication of just how much piracy is dominating the agenda, a press release, and the press conference held after the meeting, led off with a plea for action against piracy.
Motoring
  • Mitsui hitching a ride with Car Club on road to expansion
    JAPANESE conglomerate Mitsui is planning to use Singapore car-sharing company Car Club as a cornerstone for its expansion into the region.
  • History of car sharing in Singapore
    THERE are three companies currently offering car-sharing services in Singapore - Car Club, KahShare, and WhizzCar. Together, they have a total fleet size of more than 260 cars and a combined database of some 5,000 members.
  • GM mulling new plants in China in coming years
    General Motors (GM), the top US carmaker, is considering adding new plants in China in 2011 and after, a top executive said yesterday, as it moves to meet steady demand in the world's top car market.
  • Toyota still Japan's leading global brand even as value drops on recalls
  • Hyundai posts double-digit growth in Jan sales
  • Toyota, Nissan lead Japanese carmakers' drop in sales
  • US auto sales in Jan seen up despite weather

Sched Netweb site
  • MOL profit up 24 fold to US$68 million - earlier forecasts too upbeat
  • NYK revenue soars 12 fold to US$18.1 billion over nine months
  • Suez works despite strife, but politics block West Africa trade
  • Shanghai to Kansas City in 15 days with Horizon Lines
  • Shenzhen court enforces US$11.2 million arbitration award
  • Ocean Champ sees robust mainland import market this year
  • Hamburg Sud abandons Philadelphia chassis supply service
  • Taiwan's beef tests anger US exporters
  • American Feeder Lines plans sole US cabotage liner service
  • Safmarine website functions accessible via smart phones
  • Hactl moves 230,077 tonnes in January, up 8.2pc year on year
  • Creditors may allow Malaysia's Transmile to delay payments
  • Lunar New Year slump, overcapacity softens air freight rates

Exim Indiaweb site
  • Egypt unrest affecting anti-piracy operations
  • Navy orders inquiry, registers FIR
  • KPT augments fire-fighting equipment
  • Prime Minister to inaugurate Vallarpadam ICTT on February 11
  • Vasan lays foundation stone for TPT's North Cargo Berth-II
  • AMTOI trade interaction meet in Chennai today
  • Core sector growth surges by 6.6 pc in December
  • Exports rise by 36.4 pc in Dec.
  • Industry upbeat after Posco gets go-ahead
  • Low SBI interest rates could boost cold storage, warehouse development
  • Oil import bill to be hit by Egypt turmoil

International Transport Journalweb site
FEBRUARY 1, 2011
  • Damco and GHC teaming up in Abu Dhabi
    Damco, an AP Moller-Maersk logistics unit, has formed a joint venture with the General Holding Corporation (GHC) to provide logistics and forwarding services in Abu Dhabi. The goal...
  • Gist wins perishables contract from Spring Valley Foods
    Gist, a UK logistics service provider, manages fruit producer Spring Valley's inbound supply chain between South Africa and the UK. Gist looks after the international transportatio...
  • GAC Group riding the waves with yacht logistics specialist
    The UAE-based GAC Group is set to make waves in 2011 with the creation of Team GAC Pindar, a world-class sailing team that will both compete in international events and also provid...
  • Dubai Trade and Emirates SkyCargo sign e-freight MoU
    Dubai Trade, a premier trade facilitator in the Dubai World group, has signed a memorandum of understanding with Emirates SkyCargo to create a partnership that will allow Dubai Tra...
  • Ethiopian adds stops in Africa
    The East African carrier Ethiopian Airlines is changing its service from Addis Ababa through Bujumbura today. The capital of Burundi is no longer served nonstop, but is now reached...
  • Maldivian carrier starts international operations
    Mega Global Air, an airline established in the Maldives in December 2010, launched operations on 21 January. The airline deploys a Boeing B767-300ER with belly capacity for 30 ULDs...
  • Schunck Group mourning Harald de la Motte
    The Schunck group is mourning Harald de la Motte, its lawyer for many years. The company said that he was a brilliant transport law expert who contributed substantially to the deve...
  • New Finnair corporate responsibility web pages
    Finnair has launched new corporate responsibility web pages that show in a creative way how an airline can behave responsibly and what actions and decisions passengers can take to ...
  • Shanghai overhauls arch-rival Singapore
    The Chinese port of Shanghai secured the top slot in the list of the world's largest container ports for the first time in 2010. The hub loaded or discharged 29.05 million teu, 0.5...
  • German shipowners call for soldiers on board to counter piracy
    The latest pirate attack on a German vessel, which left at least one person dead and two seamen missing, has led the German shipowners' association (Verband Deutscher Reeder VDR) t...
  • Austrian inland ports did well in 2010
    Austria's inland ports on the River Danube had a good year in 2010. The port of Vienna handled 11.5 million t (+5%), with its container business growing by 17% to 320,000 teu. Thro...

Marine Logweb site
  • Maritime interests plan a Congressional Sail-in on Washington
  • Management of Washington State Ferries could be awarded to private contractor
  • Egypt unrest impacts offshore driller Atwood Oceanics
  • Costamare orders newbuild containerships in China
  • Delayed delivery of newbuilds softens oversupply
  • U.K. law allows payment of ransom to pirates
  • Feeder Lines BV selects GL fleet management software

World Wide Shipperweb site
FEBRUARY 1, 2011
  • Braemar Seascope study eyes vessel construction numbers
  • PCBs found in oil samples from grounded barge in Columbia
  • Crowley expands scholarships to include Nicaragua students
  • VIPs meet to celebrate Port of Portland transport projects
  • NAFTA partner trade up during November

Lloyd's Listweb site
FEBRUARY 1, 2011
  • Aframaxes struggle to find enough work
    The aframax outlook remains less than inspirational, with brokers today describing most routes as flat at best and some faring even worse
  • Panamax rates decline arrested in Pacific trading region
    Time charter rates in the panamax Pacific market have risen for the first time in three weeks as increasing prices for short-period contracts boost the confidence of owners operating in the spot sector
  • Tanker paper values correct as fears over Suez Canal subside
    'Reality check' after March and February contracts spike 16%
  • Return of floating storage could support rates
    Lazard Capital Markets has heralded a possible return of floating storage for the product and crude tanker sector within the next six months, which could provide support to weak and depressed freight rates
  • VLGC pair out of lay-up as spot rates show signs of recovery
    BW Gas has removed two of its very large gas carriers from cold lay-up for trading on the spot market, offering the strongest indication yet of growing confidence in the market
  • Shipbreaking prices maintain strength
    Demolition rates continue a year-long steady climb, reflecting higher steel scrap prices
  • Bright spots in gloom for some canny owners
    Despite low freight rates, choosing the right trade or vessels can still prove profitable
  • Asia-Europe box volumes return to 2008 levels
    Dry and reefer cargo sees welcome recovery but freight rates continue to fall
  • Seanergy and OceanFreight breach Nasdaq share price rules
    Dry bulk owners fall foul of Nasdaq rules on minimum bid prices
  • Sovcomflot IPO 'likely this year'
    Long-anticipated move likely to happen by second half of 2011
  • Call to action over officer shortages
    Deloitte says companies and governments need to make the profession more attractive
  • Maersk drops Alexandria port call
    Line omits call this week due to doubts over productivity
  • Pacific Adventurer spill trial set for October
    Lawyers claim defence of unintentional hull damage
  • Capesize rates steady as BDI continues slide
    Baltic Dry Index falls 23 points to 1,084
  • China Aviation charters tanker from Formosa Plastics
    FMPC18 on two-year charter for $13,000-$13,750 daily
  • Eurogate's turnover hits 12.6m teu
    Sees average 5.2% rise in handling at its Europe and north Africa facilities for 2010
  • Tsakos Energy confirms aframax sale
    Opal Queen sold for $34m
  • Costamare adds five more ships to fleet
    Inks newbuilding orders for 9,000 teu vessels with Chinese and South Korean yards
  • Boxships continue Suez Canal transits
    Lines deny reports they are re-routing vessels round the Cape of Good Hope
  • Toll buys SAT Albatros
    Australian logistics giant acquires Asia-Europe sea-air multimodal specialist
  • Alexandria port at standstill
    Egypt port shuts down as civil unrest continues
  • Belfast moves ahead with $64m windfarm hub plan
    Inks letter of intent with Dong Energy to develop site to build and operate windfarms
  • Shipping firms mount legal bid against IRISL sanctions
    Companies ask European Court of Justice to annul decision to freeze their assets
  • Suez is a vital artery
    It is worth asking what the effects of a shutdown of Egypt's ports would have on the country
  • Timely warning
    London should be an upscale department store of shipping services provided by the best brains in the business
  • Wilhelmshaven cargo handling falls 24%
    Port suffers steep decline in turnover after refinery closure
  • Frank Bünte joins Rickmers board
    Former HSH Nordbank executive to become head of treasury and chief risk officer at group
  • Forwarders upbeat on freight market outlook
    Expectations positive as soft patch at end of 2010 fails to continue into 2011
  • Cleartrade gets trading greenlight
    Launches central trading screen for over-the-counter dry freight derivatives and swaps
  • China Shipping lines up $600m bond sale
    Proceeds to fund 19 newbuildings it recently ordered

Fairplayweb site
FEBRUARY 1, 2011
  • Croatia's Jadroplov increases losses
    CROATIAN bulk shipping company Jadroplov has posted losses of 48M kuna ($9M) for 2010, almost double the losses of 26M kuna recorded a year earlier.
  • 'Ghost ship' heading to breaker
    A MOTHBALLED breakbulk ship will be towed tomorrow from Suisun Bay to Mare Island in California for recycling, which means that MarAd's 'ghost fleet' goal will be 85% complete.
  • Shipping adjusts in Egypt
    SHIPPING companies are being affected by the unrest in Egypt, although officials have moved to reassure the industry that the Suez Canal is operating normally.
  • What strife cost Marseilles
    MARSEILLES lost 210 ship calls, representing 1.4M tonnes of cargo and €4.5M ($6.19M) in revenues because of continued labour strife sparked last year over the government's port changes.
  • South Korea-Poland box route launched
    VOSTOCHNY Stevedoring is hoping to boost box traffic from Asia to Europe via Russia after processing the first transit box shipment between Pusan, South Korea and Slavkov, Poland.
  • Indonesia halts coal in licence dispute
    INDONESIA has blocked shipments of at least 3.5M tonnes of coal since 15 January, the Indonesian Coal Mining Association reportedly said today.
  • Tanger Med doubles throughput
    MOROCCO'S port of Tanger Med is predicting continued high traffic growth in 2011 after doubling throughput year on year in 2010, to 23M tonnes.
  • VLCC rates react as Egypt fear fades
    VLCC SPOT rates remain weak and second-hand prices are falling as fears lifted that unrest in Egypt might shut down the Suez Canal, according to sector analysts.
  • Vancouver plans huge box handling expansion
    PORT METRO Vancouver has unveiled a plan to double box traffic over the next 10-15 years ' and triple it by 2030.Vancouver plans huge box handling expansion
  • KL cancellations reportedly sought
    A KOREA Line source told Fairplay today that some of its counterparties want to cancel their charters.
  • Weber warns of 200 more Capesize bulkers
    CAPESIZE drybulkers entering service this year could exceed 200, deepening concern that growth in demand might be insufficient to balance the market, a shipbroker's report has warned.
  • Port Botany fines planned
    STEVEDORES and truckers at Sydney's Port Botany will incur fines from the end of the month if their box receival and delivery performance isn't up to scratch.
  • Toll rises in Middle East
    AUSTRALIA'S Toll has strengthened the group's position in the Middle East with the purchase of a Dubai freight forwarder.
  • Cecon revises financing
    CECON, the listed Norwegian subsea installation contractor, has revised and amended terms of refinancing with holders of bonds and shares in the company.
  • Investors discuss JadeWeserPort Phase 2
    GERMANY'S Lower Saxony has begun discussing the second phase of the 2.7M teu JadeWeserPort in Wilhelmshaven with potential investors.

The Journal of Commerceweb site
FEBRUARY 1, 2011
  • Freight Braces for Winter Storm Disruptions
    Major freight carriers are warning customers to expect service delays and shipment rerouting this week across a broad swath of...
  • EPA to Review California Emissions Standards
    The Environmental Protection Agency will review whether a waiver applies to rules set by the California Air Resources Board on...
  • 3PL Jacobson Expands into Europe with Rhenus
    Jacobson Companies, a global 3PL headquartered in Des Moines, Iowa, is expanding into Europe with the help of a strategic...
  • Asia Air Freight Hits Record in 2010
    Cargo traffic for Asia-Pacific airlines grew 24.2 percent in 2010 in a strong rebound that pushed freight business to a...
  • Stimulus Bonds Generated $181 Billion
    The federally subsidized Build America Bonds that states, cities and agencies could issue under the 2009 economic stimulus package, generated...
  • Ryder Expands Dedicated Contract Carriage Business
    Ryder System completed the acquisition of California-based trucking operator The Scully Companies on Monday, expanding its dedicated contract carriage business. ...
  • NAFTA Trade Rose 15.5 Percent in November
    The value of U.S. trade using surface transportation to and from Canada and Mexico was 15.5 percent higher in November...
  • FedEx Freight Launches Priority, Economy Service
    A streamlined FedEx Freight launched enhanced services Monday after cutting and reorganizing its terminals, taking some cues from its express...
  • Manufacturing Hits Seven-Year High
    Manufacturing activity in January reached its highest level since May 2004 and posted its 18th consecutive year-to-year increase, the Institute...
  • Georgia Ports Names Lynch COO
    The Georgia Ports Authority named Griffith Lynch its chief operating officer. Lynch, a Global Container Terminals executive with more...
  • Ship Deliveries Fell Short of Orders in 2010
    More than 350 container ships were scheduled to enter the world fleet last year, but shipyards delivered only 290, London-based...
  • UPS Upgrades Outlook as Profit Soars 62 Percent
    A big gain in domestic package business along with tight cost controls drove UPS to its strongest profit in four...
  • NYK Consolidation Boosts Yusen Profit 125 Percent
    Yusen Logistics boosted net profit 125 percent year-over-year to $34.9 million in the first nine months of fiscal 2010 with...
  • Marseille Traffic Grew 3 Percent in 2010
    The port of Marseille boosted traffic just 3 percent in 2010, lagging double digit growth rates at rival European ports...
  • Suez Remains Open, Container Operations Halt Amid Unrest
    The Suez Canal remained open to vessel traffic on Tuesday, but A.P. Moller-Maersk closed its Suez container terminal for a...
  • Cosco, Greece Sign Sea-Air Agreement
    Cosco and its Piraeus Container Terminal management will work with the Athens International Airport to build sea-air business by speeding...

Containerisation Internationalweb site
FEBRUARY 1, 2011
  • AP Moller-Maersk NOT pulling out of Egypt
  • Eurogate up on 2009
  • Rate decline continues for APL
  • 'March of the millions' curtain-call for Egypt's Mubarak?
  • Cargotec buys Navis

TradeWindsweb site
FEBRUARY 1, 2011
  • Frontline cashes OSG stake
    John Fredriksen-led tanker titan sells off its shares in New York-listed rival to build cash position.
  • 'More delays likely'
    Alan Marsh-led broker Braemar warns of newbuilding problems ahead but spies positive effects.
  • Subocean failure bites duo
    Oslo-listed pair will take a combined hit of over $10m in their fourth quarter accounts on contracts with insolvent firm.
  • CSDC avoids pirate hit
    Chinese-owned bulker Jin Ning Shan fired at and chased by 10 pirates in Tuesday attack.
  • United States gets new owner
    Preservation group taking over restoration of historic 1952'built liner in Philadelphia.
  • Screen gets clearance
    New Singapore electronic marketplace for execution of OTC commodity swaps takes off after regulatory approval finally secured.
  • Costamare keeps it ticking
    New York-listed owner confirms double newbuilding swoop and reveals another dip into the second-hand market.
  • TEN mum on sale price
    Nikolas Tsakos-led Greek confirms exit of aframax Opal Queen but fails to reveal much detail.
  • Louis extends charters
    Greek owner's Thomson Spirit and Thomson Destiny staying with TUI operation for another three years.
  • PSL reworks loan
    Second-hand bulkers continue to be on the menu as Precious Shipping amends credit facility.
  • Another blow for Oz ports
    Storm rivaling Hurricane Katrina for strength threatens more disruption at flood-hit Queensland ports.
  • HSF eyes run to France
    UK newcomer wants to launch fast ferry service from Portland in England.
  • Stig shows up at Braemar
    Former Top Gear speedster makes sure nobody is down in the dump(s) at UK-headquartered shipbroker.
  • Box bungle at Darwin
    Empty container dropped on to deck of Bockstiegel boxship in Australia.
  • Price still not right
    "Black January" bleak for ship values but further falls are on the cards, Arctic warns.
  • RCCL sued over storm death
    Husband of UK woman launches legal action after claiming her coma was result of violent listing of cruiseship in Med.
  • Polar Star refloats
    No significant hull damage or pollution after cruiseship grounded on uncharted rock off Antarctica.

American Shipperweb site
FEBRUARY 1, 2011
  • Logistics facilities developers in mega-merger
    The two largest U.S. owners and operators of industrial real estate space are planning to merge, with AMB Property Corp. reportedly close to an $8.7 billion deal in stock to acquire ProLogis. The companies have characterized the deal as a 'merger ...
  • FedEx Freight widens LTL service selection
    FedEx Freight Corp., the less-than-truckload operation of FedEx Corp., will offer shippers the choice of two levels of freight transportation service. FedEx Freight Priority is a fast transit, time-sensitive LTL freight delivery service, while FedE...
  • CDM names Horton VP marketing in Americas
    Cargo Data Management, a Dallas/Ft. Worth, Texas-based provider of cargo revenue management systems for airlines, has named Arturo H. Horton to vice president of marketing for the Americas. Horton has held senior management positions with Braniff I...
  • Another Mumbai collision sees naval ship sunk
    An Indian naval ship sunk off the coast of Mumbai Sunday after a collision with a small containership, an accident that echoed a collision in summer between an MSC ship and a bulk carrier. Mumbai police are investigating the collision between the 1...
  • U.S. maritime industry set for second 'Sail-In'
    The U.S. Maritime Coalition has set the date for itssecond congressional "Sail-In" on Capitol Hill for May 4. The coalition said this year's Sail-In would build on the success of the inaugural event in 2010, which was widely supported by the Americ...
  • APL sees higher volumes, rates
    Neptune Orient Lines reported container liner company APL moved 394,500 40-foot equivalent units in the six-week period ending Dec. 31, 26 percent more than in the same 2009 period. Average revenue per FEU was $2,647 in the period, up 21 percent fr...
  • Hapag-Lloyd exits CMA CGM Europe/Oceania loop
    Hapag-Lloyd said last week it is dropping out of a CMA CGM-operated loop connecting Europe, Oceania and the South Pacific via the U.S. East Coast and Panama Canal. The service, which CMA CGM calls PAD and Hapag-Lloyd dubs OCE, has a rotation of Til...
  • FMC calls for comments on slow steaming
    The U.S. Federal Maritime Commission on Monday issued a notice of inquiry, asking the public to comment on how slow steaming, the practice of operating ships at reduced speeds, has affected ocean liner carrier operations and shippers' internationa...
  • DOT: Onboard recorder would enforce HOS rule
    The U.S. share of global containerized traffic fell by nearly half, from 16 percent to 9 percent, between 1995 and 2009, according to areport released last week by the Department of Transportation's Bureau of Transportation Statistics .America''s ...
  • Improving customer service

The Scandinavian Shipping Gazetteweb site
FEBRUARY 1, 2011
  • SuperSpeed 1 returns to service
    On February 1, 2011, Color Line reintroduced the rebuilt ferry SuperSpeed 1 on its Kristiansand'Hirtshals service. The ferry has been converted at a cost of NOK 100 million by
  • Expedition ship grounded ' again
    Yesterday the 5,000 GT expedition vessel Polar Star hit a rock while anchoring north of Detaille Island off the Antarctic Peninsula, reports the International Association of Antarctica Tour Operations. The
  • Finnish warship to fight pirates
    The Finnish mine layer Pohjanmaa has joined the EU Navfor Somalia operation. This is the first time the Finnish Navy has ever participated in an international naval military operation with
  • Riots close Mærsk Egyptian operations
    A. P. Møller-Mærsk has temporarily shut down most of its operations in Egypt. The Egyptian government has closed down most of the communication (Internet and telephones) traffic and the

The Bunker Bulletinweb site
FEBRUARY 1, 2011
  • Bunker market firm in Fujairah
    Strong demand for products in Suez.
  • Moves to speed up bunker spill compensation payments
    Australian businesses could see payments being made in April.
  • Bunker prices rise in Rotterdam and Hamburg
    Some Rotterdam suppliers reported to be fully booked this week for HS product.
  • 'Time to decide' on MARPOL Annex VI solutions
    'Moving from the thinking cap to the resolution stage needs to be top priority' says writer on BIMCO's website.
  • Stronger bunker margins predicted for Singapore
    Bunker traders' profit per tonne of 380 cSt fuel sold recover by 24% in 2011 after slumping in 2010, survey suggests.
  • New environmentally friendly tanker for NITC
    Tanker has 'Vessel Performance System' to improve fuel efficiency.
  • New global player emerging as BB Oslo changes ownership and name
    Now part of 'newly established marine fuels solution provider' with multiple international offices and further expansion plans.
  • New trader for KPI
    Thomas Lee will be based in Singapore.
  • Oil port dredging project wins approval
    Russian authorities say plans 'are consistent' with environmental protection.
  • Double-digit gains in most Asian ports
    Supplies mostly tight in Asia's key bunkering hubs.
  • Experts list alternative fuels use in shipping by 2050
    Ships to use hydrogen, biofuels, LPG, LNG and nuclear fuel by 2050, says report.
  • Saudi Aramco sells 180 cSt cargo at record premiums
    Shell pays $11-13 pmt premium amid 'unbelievably tight' fuel market in East Asia.
  • Danish Maritime Authority lists LNG project partners
    Aim of 'making LNG a competitive fuel for shipping' in the Baltic Sea, North Sea and English Channel.
  • IFO deliveries 'back to normal' in Far East Russia
    Resumption of deliveries improves tight IFO supplies at the ports.
  • IFO deliveries 'back to normal' in Far East Russia
    Resumption of deliveries improves tight IFO supplies at the ports.
  • Global Risk Management welcomes new oil risk manager
    Will be responsible for advising and selling customised fuel risk management solutions, says company.
  • Environmental bulk carrier exceeds fuel-saving targets
    The 'Emerald' design offers a lighter and environmentally friendly ship.

›››File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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