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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
August 2, 2011
The Business Timesweb site
Shipping News
  • China may siphon off S'pore bunker sales
    China may capture almost a third of Singapore's bunker market in three years as it expands terminals to handle more large tankers, according to Brightoil Petroleum Holdings, a Hong Kong-based marine-fuel supplier.
  • Storage tankers told to leave Pasir Gudang
    Malaysia's government has ordered seven floating storage facilities with a capacity to hold about 1.9 million tonnes of crude or fuel oil anchored off the south-eastern port of Pasir Gudang to leave by the end of this month, industry sources said yesterday.

Sched Netweb site
  • World container shipping recovery to continue, but slow down this year
  • Port of Ningbo's half-year throughput breaks record at 7.08 million TEU
  • Marseilles-Fos strikes sully first half, as container volume falls 9pc
  • US Federal Maritime Commission to probe Canadian threat from Prince Rupert
  • Port investment boom continues this year with billions spent China-wide
  • South Korean port volume up 10.3pc in first half to 10.5 million TEU
  • APMT Nigerian port volume up 26pc after 4 berths dredged to 13.5 metres
  • American truckers do well in June, but as import boxes fall, can it last?
  • Somali-style pirates attack seizes second ship off West African coast
  • MOL uses low-friction, eco-friendly Seaflo Neo ship paint, cuts CO2
  • China Southern Airlines cargo volume increased 0.3pc in June
  • US government joins China and American airlines in blasting EU carbon tax
  • BA-Iberia merged IAG back in black as rival AF-KLM cargo slides into loss
  • Amsterdam Schiphol airport first half cargo up 5.2pc, but Asia volume falls

Exim Indiaweb site
  • ...launches ten 5,600-TEU ships to boost Asia-South America CSW service
  • CMA CGM Group, CSAV launch Asia to West Africa direct service
  • Container vessels to flood market in record numbers in 2012: Braemar Seascope
  • DP World adds new South American terminals with acquisitions in Suriname
  • Indian security team wards off Somali pirate attack in Red Sea
  • Mend it or End it'That is the question
  • MOL announces CX1 service upgrade linking Panama, Manaus
  • US freight market sees slow, steady growth
  • Solution found to oil payment row with India: Iran
  • Adani Group clarifies it was just one of the port operators
  • MICT handles double stack train in quick time
  • Only terminal operators can fix handling charges: Cochin Port
  • Vasan urged to resolve PLR/bonus issue at 11 Major Ports
  • India's forex reserves up by $ 2.29 bn
  • Restrictions on cotton exports removed

International Transport Journalweb site
AUGUST 1, 2011
  • Indo-Japanese JV for Indian rail freight corridor
    The enterprise Dedicated Freight Corridor Corp India (DFCCIL), which is promoting a USD 17 billion rail freight corridor project, has decided that its 1,490 km western part will be...
  • US manufacturers boosted by DoT financing plan
    US department of transportation secretary Ray LaHood has announced a USD 563 million loan to Amtrak under the federal railroad administration's railroad rehabilitation and improvem...
  • Fatigue and overtaking top issues for Australian truck drivers
    The joint Transport Workers Union (TWU)/NRMA BusinessWise survey in Australia of over 320 heavy vehicle drivers, a first-of-its-kind, found almost 40% listed the dangerous practice...
  • Emons Spedition establishes direct services to Luxembourg
    The Bexbach/Saarbücken (Germany) branch of the German logistics provider Emons Spedition now offers daily direct links to Luxembourg. Emons Spedition can offer same-day deliveries ...
  • Global container freight volume to increase slowly in 2011
    Global container freight volumes will increase this year, but at a slower growth rate compared with 2010, according to a report released by the Chinese Academy of Sciences (CAS). T...
  • Asia-Pacific airlines register volume decreases in June
    Preliminary traffic figures for June released by the Association of Asia Pacific Airlines (AAPA) showed that international airfreight markets softened further during June. The mont...
  • Diederik Pen new managing director at Martinair
    Diederik Pen has been named the new managing director of Martinair with immediate effect. Together with Rob Hougée, director of finance, he will form the new board of managing dire...
  • Forwarder U-Freight on the move in Spain
    U-Freight's associate in Spain, Tracosa, is continuing to pursue its policy of having offices at the main Spanish airports and ports. To this end it has completed its move to a new...
  • Port of Montreal now represented in Europe
    The Italian shipping agency Medov has represented the operations of the Montreal Port Authority (MPA) in Europe since 1 July. Medov, headquartered in Genoa, is in charge of promoti...
  • MOL enhances Asia-East coast South America service
    Mitsui O.S.K. Lines (MOL) recently upgraded to its Asia-east coast South America service (CSW). From July 2011 through to 2012, MOL will launch a total of ten new 5,600 teu contain...
  • Jakarta airport to be overhauled
    Jakarta's substandard Soekarno Hatta international airport is set to receive an IDR 11.7 trillion (USD 1.37 billion) overhaul, according to the Indonesian transport ministry. Herry...
  • Emirates SkyCargo first to use new Envirotainer
    Emirates SkyCargo has become the first airline to transport the new generation of containers which can heat and cool temperature-sensitive cargo. Two Envirotainer RAP e2 units, car...
  • DHL extends cooperation with BMW UK
    DHL Supply Chain has signed a three-year contract with BMW to increase dealership deliveries in Scotland and northern England. DHL will provide warehouse services at its shared-use...
  • Hellmann East Europe opens new Ukrainian office
    Hellmann East Europe, which is a subsidiary of the German enterprise Hellmann Worldwide Logistics, recently opened a new office at Borispol airport in Ukraine. Over and above this ...

Marine Logweb site
AUGUST 1, 2011
  • Jensen completes design of Tier III compliant ASD tugboat
  • WHOI: Microbes consumed oil in Gulf slick at unexpected rates
  • AMO members walk off American Steamship Company vessels
  • Coastal waters of Outer Cape Cod become "No Discharge Area"
  • USCG publishes supplemental NPR on STCW implementation
  • Two Tidewater PSV newbuilds will have Thrustmaster propulsion systems
  • Platinum Equity installs new leadership at ACL
  • Noble orders two more jackup rigs from Jurong Shipyard
  • Rowan promotes two
  • Zacchello Group companies file for Chapter 11 protection

World Wide Shipperweb site
AUGUST 1, 2011
  • Jensen Maritime designs new tugboat for Harley Marine
  • Diamond s Shipping buying fleet of refined product carriers
  • TSA adding new software at airport security checkpoints
  • Runway changes in works at Portland International Airport
  • Grounded fishing vessel leaks fuel on Grays Harbor beach

Lloyd's Listweb site
AUGUST 1, 2011
  • Small ships to lead box orders in second half
  • Handysize sales decline as holiday season kicks in
    Weakening charter rates saw activity dwindle from the 27 handysize sales reported in June
  • Vale rumoured to be adding to VLOC orders
    Brazilian mining giant thought to be in talks with Bohai yard in China at a time when owners are questioning the future of its newbuilding programme
  • Capesize order prices 'are at rock bottom'
    Uneconomical for yards to slash values any lower
  • Trading on emissions
    Shipping industry has a poor understanding of emissions legislation, says Helena Athoussaki
  • Wikileaks reveals Italian payments to Somalia during hijack talks
    No ransom paid for Buccaneer, but $18.5m aid pledged to Transitional Federal Government in Mogadishu
  • Vale rumoured to be adding to VLOC orders
    Brazilian mining giant thought to be in talks with Bohai yard in China
  • MOL adopts fuel-saving hull coating
    Seaflo Neo reduces friction drag on hull
  • Rina tackles nickel ore dangers
    Cargo liquefaction sank three ships in a matter of weeks late last year. Now Italy's class society has offered a solution
  • Aids to using low-sulphur fuel launched
    Novenco and Alfa Laval team up to develop a new cooling system while Rivertrace Engineering launches a viscosity system to address key maintenance and operation concerns
  • IACS urged to back class societies' common structural rules software
    Common approach is vital to CSR
  • Time for a second look at Alang
    The myth that ship recycling in India and Bangladesh is locked in methods of 25 years ago needs rethinking
  • Italy would be in a much worse situation outside the eurozone
    There would have been more and more devaluation of the lira
  • Cido Shipping confirms sale of 30 MR tankers to Diamond S Shipping
    Transaction worth $1.2bn says source close to the deal
  • Capital says Cosco 'performing' on Cape Agamemnon charter
    Delays on hire for several other bulkers linked to the Chinese giant have not yet spread to Capital Product Partners
  • Luka Koper threatens to sack strike committee
    Management says action is illegal
  • Swedish vessel avoids attack off Benin
    Worrying increase in West Africa attacks
  • GE Seaco sold for $1bn
    Hong Kong-based private equity firm Bravia teams up with Grand China parent HNA to acquire the world's fifth-largest container lessor
  • SeaFrance's joint bidders will have to halt falling freight rates to succeed
    But DFDS and LD Lines are optimistic about taking on troubled ferry operator's assets
  • Study to assess maritime transport potential
    As iron-ore projects in Quebec's Cote-Nord grow, the area needs more than just a highway
  • A port unlike any other
    Protected by the seven islands and blessed with a 10 km wide deepwater bay, Sept-'les can accommodate the biggest bulkers
  • Canada's sleeping giant awakens
    Port of Sept-'les set to become major iron ore hub for Europe/Asia after global investment
  • Dwindling optimism
    It looks like this could be a long hot summer for tanker owners that many may not survive
  • Marco Polo Seatrade and affiliates file Chapter 11 bankruptcy protection
    Restructuring programme to be completed after 'disappointing reversal of bank support'
  • Pipavav profits from congestion at Jawaharlal Nehru port
    Total revenues for the quarter ended June 30 jump 62% compared to the second quarter of 2010
  • Boskalis wins TX2 terminal contract
    Dredging and reclamation deal worth $288m
  • Cosco feeling China inflation heat
    Singapore-listed shipbuilder warns of rising cost pressures in China as profits fall in second quarter and share price drops 5%
  • Hutchison takes over third Sydney terminal
    Expansion will double capacity at Botany Bay
  • The Week Ahead
    August anguish

Fairplayweb site
AUGUST 1, 2011
  • South America rate gap grows
    BOX RATE gaps in South America's inbound trade appear to be widening, with ex-Far East freight firming but rates for cargo out of Europe languishing
  • MarAd bill stresses shortsea
    A BILL that would allocate $162M to fund MarAd in fiscal 2012 includes a title that promotes shortsea shipping in US waters
  • HPH takes over Port Botany box terminal
    HPH TOOK over control today of the third box terminal at Sydney's Port Botany
  • India, Iran settle oil dispute
    INDIA and Iran have resolved a dispute over oil payments that had led to threats of supply cuts, IHS Global Insight reported today
  • LNG Ltd closes China deal
    LIQUEFIED Natural Gas Ltd has completed a placement transaction with China Huanqiu Contracting & Engineering, IHS World Markets Energy reported today
  • Canada certifies Davie bid
    CANADA has decided to consider a last-minute bid from Davie Canada for a share of a C$35Bn ($37
  • Box leasing group GE SeaCo acquired for $1Bn
    CHINESE aviation group HNA and Bravia Capital have reportedly acquired box leasing outfit GE SeaCo for $1.05Bn
  • Container sector remains in bargain basement
    A SHANGHAI broker told Fairplay today Hanjin Buenos Aires has been relet to CMA CGM for six months at just $14,000 per day
  • Slowing predicted for MR tanker growth
    GROWTH of the MR product tanker fleet is forecast to slow over the next few years because of a fall in newbuilding activity, according to broker EA Gibson
  • Cido seen selling tankers
    CIDO SHIPPING HK told Fairplay today it plans to sell 30 MR tankers to Diamond S Shipping of the US
  • Box rate rise fails to impress
    BROKERS in Shanghai have told Fairplay that the current mild recovery in Asia/Europe rates is insignificant as they are still unprofitable
  • MR rise termed overrated
    THE RISE in intra-Asia MR rates is overrated, particularly for shipments to and from Singapore, brokers told Fairplay today.886267.timg
  • Transneft plans crude switch
    RUSSIA'S Transneft is planning to reduce the flow of Azeri crude oil via pipeline from Azerbaijan to Novorossiysk and replace it with crude lifted by LUKoil from the northern Caspian Sea
  • APLNG investments assured
    AUSTRALIA'S $20Bn Pacific LNG project has obtained financial approval, IHS CERA reported
  • Philippine ferry sinks
    ANTI-POLLUTION equipment has been deployed after a ferry sank off Iloilo, forcing the evacuation of 178 people, according to the Philippine Coast guard

The Journal of Commerceweb site
AUGUST 1, 2011
  • Roadrunner Buys West Coast Drayage Operator
    Roadrunner Transportation Systems bought West Coast intermodal specialist The James Brooks Co., a $12 million company in 2010, for approximately...
  • West Coast Container Traffic Up 5 Percent
    U.S. West Coast ports registered a modest increase of 5 percent in total loaded containers during the first six months...
  • Diesel Prices Fall First Time in Four Weeks
    Diesel prices across the United States fell 1.2 cents in the week ending Aug.1, ending three consecutive weeks of price...
  • ODFL Launches Third-Party Logistics Provider
    Old Dominion Freight Line on Monday combined several existing business units to launch a carrier "neutral" third-party logistics provider, Vault...
  • Hong Kong Air Freight Falls 7.6 Percent
    Freight moving through Hong Kong International Airport tumbled 7.6 percent in June as the world's largest air cargo gateway saw...
  • ACL Taps Barge Line Veteran Knoy as CEO
    Inland waterway barge operator American Commercial Lines tapped Mark Knoy to be president and CEO, replacing Michael Ryan. Knoy...
  • US Steel Imports Fell in June
    U.S. steel imports declined 10 percent in June from May, but were up 31.2 percent year-to-date, reflecting weakening manufacturing demand...
  • Smid Retires as President of YRC
    Michael J. Smid, the chief operating officer of YRC Worldwide who handled the largest carrier less-than-truckload consolidation in history, left...
  • Newly Appointed Locke Heads to China
    Gary Locke formally resigned today as commerce secretary and was sworn in by Secretary of State Hillary Clinton as the...
  • GE Sells SeaCo for $1.05 Billion
    General Electric and a partner sold shipping container lessor GE SeaCo to HNA Group and Bravita Capital for $1.05 billion,...
  • APM Terminals Says Productivity Boosted in Nigeria
    APM Terminals said productivity of cranes at its container terminal in Apapa, Nigeria, has risen 25 percent in the past...
  • Universal Truckload Profit Falls 13.9 Percent
    Universal Truckload Service's profit slipped 13.9 percent in the second quarter, despite gains in its core truckload revenue, brokerage and...
  • Amazon to Build Three Tennessee Distribution Centers
    Internet retailing giant Amazon.com plans to open three more regional distribution centers in Tennessee this year, part of a broader...
  • US Manufacturing Falls to Two-Year Low
    A key measure of manufacturing in the United States fell back 4.4 percentage points in July to its lowest level...
  • Free Trade's Net Worth
    In the seven years since the U.S.-Chile free trade agreement took effect, U.S. exports to the South American country spiked...
  • South Carolina Ports Hires Cargo Sales Manager
    The South Carolina Ports Authority hired Kara Ramsey as manager of cargo sales to the shippers that use the ports...
  • Yusen Logistics to Appeal Price-Fixing Ruling
    Yusen Logistics, the logistics arm of Japanese shipping group NYK Line, will appeal an anti-monopoly ruling by the Japan Fair...
  • EU Launches Probe of Royal Mail Privatization Plan
    European Union antitrust regulators are investigating the United Kingdom's bid to privatize Royal Mail, the state-owned postal and logistics group....
  • Finnlines Profit Slips 9 Percent
    Finnlines reported first half operating profit fell 9 percent from a year ago due to Finnish port strikes, severe ice...
  • INTTRA Launches Automated Billing Dispute Resolution
    INTTRA, the ocean container shipping technology platform, is introducing a system that automates the process of comparing invoices and managing...
  • Yusen Logistics' Profit Plunges 59 Percent
    Yusen Logistics's net profit plunged 59.2 percent in its fiscal first quarter ending June 30 from a year earlier to...
  • CMA CGM Hikes India-Europe Rates
    CMA CGM, trying to boost pricing on the beleaguered westbound shipping out of Asia, will apply a general rate increase...
  • Burden of Proof
    Q: I keep reading your column, I don't know why, looking for some semblance of integrity, of equity, in your...
  • Dog Days of Shipping
    In Ancient Rome, the period between July 24 and Aug. 24 became known as the "dog days." The hot weather...
  • Running on Fumes
    Mark David, sales manager of Saratoga Honda, normally gets 115 to 150 new Hondas a month to sell to customers...
  • Rail Shippers and Rails Pack Pricing Punch
    Railroad executives might not agree precisely on how much the economy is recovering from its springtime slump, but one thing...
  • Road to Recovery
    As James Welch returns to the less-than-truckload company he left four years ago, his big challenge is getting a much...
  • YRC Enters the Welch Era
    Leading YRC Worldwide back to profitability may be the toughest job in trucking, and it belongs to James L. Welch....
  • Credit Where Credit Is Due
    Now that the recession is over, many ports are publicizing their growing cargo volumes and increased revenues, but failing to...
  • USMX to ILA: It's Us Against the World
    The next union contract for East and Gulf Coast dockworkers will be negotiated amid economic uncertainty, the prospect of new...
  • Reinforcing Security's Message
    U.S. Customs and Border Protection recently completed the work needed to allow U.S.-based third-party logistics providers to participate as full...
  • A Call for Invasive Action
    A recent appeals court ruling should send a chill through shippers relying on reliable transportation on U.S. waterways. The...
  • Taking a New Spin on Export Controls
    Step by painful step, the Obama administration's reform of export controls, a key plank in its goal to double exports,...
  • Missing the Target
    Economic forecasting is never an exact science, but when it comes to predicting the economic impact of the tariff cuts...
  • TAA, as in Toil, Angst and Aggravation
    Political opposition to free trade is a given, and can take many forms: Fears over the competitive impact on markets...

Containerisation Internationalweb site
AUGUST 1, 2011
  • Why pay the same for a super-slow boat to China?
    According to a recent industry-centric survey, shippers are becoming increasingly irked at the arbitrary introduction of slow steaming [16-20 knots] and super-slow steaming [12-16 knots] by ocean carriers playing the tradelanes of the world
  • US inches back from the abyss
  • Outside czar Mehdorn to help privatise Russian railways
  • Invensys signs up for MD's RPS
  • Private investment in ports remains strong
  • US agri shipper group urges: carriers must build better links with US exporters

TradeWindsweb site
AUGUST 1, 2011
  • Strike hits ASC
    American Steamship forced to anchor ships as staff walk out following pay spat.
  • Back to the future strategy
    Diamond S Shipping to follow in OMI's wake as Craig Stevenson's new venture joins the major league.
  • Anema E Core freed
    Italian aframax tanker is set free by West African pirates after they plundered the vessel and stole part of the cargo.
  • Frontline 'expensive'
    Handelsbanken drops view on Oslo-listed tanker owner after lowering rate forecasts.
  • Wage freeze thaws
    Two-year fight over seafarers' wages has come to an end, union leader tweets.
  • Noble pens Sembcorp pair
    Driller takes jack-up orderbook at Singapore-listed shipbuilder to six after grabbing options worth nearly $500m.
  • ABP wins Humber battle
    ABP has prevailed in a court battle to wrest control of the Immingham Oil Terminal from oil giants.
  • Cido 30 ship sale signed
    Legendary investor Wilbur Ross provides financial backing for Diamond S Shipping as it becomes major MR product carrier owner.
  • Tanker takes to beach
    Prime Tankers managed vessel grounds near Mumbai after engine failure.
  • Bank downs CSDC stake
    JP Morgan sells off batch of shares worth $21m in Hong Kong-listed owner.
  • Cosco profit cut in half
    Singapore-listed shipbuilder and bulker owner sees its second quarter bottom line tumble.
  • The RMB may sink the $
    HSBC Shipping foresees the prospect of the RMB becoming the 'new' Dollar.
  • Diamond deal for Cido
    Craig Stevenson in $1bn deal to buy fleet of 30 product carriers from South Korean shipowner.
  • Zacchello firms seek help
    Antonio Zacchello' Marco Polo Seatrade and three related companies make bankruptcy filings in the US.
  • Marco Polo worth a pop
    OCBC kicks off coverage of Singapore-listed firm with a buy tag.

American Shipperweb site
AUGUST 1, 2011
  • Maersk describes focus on fast-growing trades
    A.P. Moller - Maersk said it is focused on increasing its business in fast growing trades between China and regions such as South America and West Africa. An article in the most recent issue of the company's in-house magazineMaersk Postquoted Lar...
  • China Shipping issues profit warning
    China Shipping Container Lines Co. Ltd. said last week it expects to report a net loss for the six months ended June 30. In anotice to the Hong Kong Stock Exchange , the Shanghai-based company said the expected loss "is mainly attributable to fact...
  • CMA CGM, CSAV partner on Asia/Africa loop
    Liner carriers CMA CGM and CSAV are starting a new jointly operated service between Asia and West Africa. Each line will provide five vessels on a service with a rotation of Ningbo, Shanghai, Chiwan, Hong Kong, Port Kelang, Lagos (Apapa), Loma, Tem...
  • Zim seeks Asia/Europe peak surcharge
    Liner carrier Zim said over the weekend it would seek a peak season surcharge on the westbound Asia/Europe trade from Aug. 15. The surcharge, $150 per TEU, is applicable to destinations in northern Europe and the Mediterranean....
  • CSAV joins MSC Asia/Africa loop
    Liner carrier CSAV has joined a Mediterranean Shipping Co. loop between Asia and southern Africa, part of a wide-ranging network agreement the two lines announced in mid-July. CSAV will join as a slot buyer on MSC's six-ship Cheetah service, which...
  • Tropical adds new ship
    Tropical Shipping said it will christen a new ship in the Port of Palm Beach on Aug. 15.Tropic Express,a shallow-draft, 368 TEU ship, will be deployed in the company's service to the Bahamas and become the 15th ship in its fleet. The $14 million ...
  • Military Sealift Command names Europe, Africa head
    The U.S. Navy's Military Sealift Command has placed Capt. Richard Soucie in charge of its Europe and Africa operations. Soucie, who joined the Navy in 1978, replaces Capt. James E. Tranoris. The command provides transportation and delivery of perso...
  • CRST acquires STI
    CRST International has acquired trucking industry logistics services provider Specialized Transportation, Inc. The privately held companies did not disclose terms of the deal. STI, a former division of North American Van Lines, is based in Ft. Wayn...
  • New U.S. GDP figures show paltry growth
    The U.S. economy only grew 1.3 percent in the second quarter, according to the U.S. Commerce Department, which also sharply revised the growth figure for the first quarter to 0.4 percent from 1.9 percent. The second quarter growth was less than an...
  • Brazil losses drag down TNT Q2 profit
    The logistics company TNT Express on Monday reported second quarter operating income of $66 million, down 23.3 percent from the same period in 2010. The fall in profit was primarily attributable to major customers losses in Brazil, the company sai...

The Bunker Bulletinweb site
AUGUST 1, 2011
  • Fujairah prices firm
    Earliest delivery dates were from August 4.
  • Fuel switch project honoured with award
    Partners cooperating on switch to low-sulphur distillate fuels on ships recognised by the Gulf of Mexico Program.
  • Floating storage tankers told to leave Pasir Gudang
    Malaysia's government orders seven tankers to go by the end of this month.
  • Rotterdam market firms
    Piraeus very busy with 'lots of volumes'.
  • Californian fuel rule changes cause ongoing controversy
    Two-year delay of 0.1% sulphur limit still not aligning regulation with ECA standards; supreme court challenge gains support.
  • North American ECA enters into force
    Amendments to MARPOL Annex VI creates world's third ECA; emission regulation to take effect in one year.
  • External: Praxis Energy Agents S.A.
  • Single owner for Ventspils oil transit business 'best outcome'
    Negotiations continue as new dispute erupts.
  • Bulgarian supplier out of product
    Refinery dispute enters new phase.
  • Shipping companies file for protection in US bankruptcy court
    Senior lenders 'unilaterally reversed their support'.
  • Week starts with uptrend in bunker prices
    Low demand for bunker fuel at major Asian ports on Monday.
  • Horizon Lines reports $7 million net loss in Q2
    Soft container rates and high bunker costs pulled Q2 results 'significantly below' last year's figures.
  • UK emulsion fuel manufacturer marks 'significant milestone'
    Quadrise Fuels buys 6,000 bpd manufacturing unit for its MSAR fuel.
  • Higher margins, bunker sales boost US bunker supplier earnings
    Expects full year earnings to benefit from the new bunker fuels markets it entered in 2010.
  • Hanjin questions supply of 0.1% sulphur ditillates by 2014
    Suggests to delay implementation of Californian 0.1% sulphur distillates use rule to 2015.
  • Loss warning on high bunker prices
    Dual-listed dry bulk shipping firm expects to post a net loss for the first six months of 2011.
  • South Korean bunker inventories slightly up
    SK Energy and Hyundai Oilbank to produce higher volumes in August.
  • Libyan unrest hits Chemoil
    Company responds to a query by the Singapore Exchange on losses incurred by associate in Q2.

›››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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