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Independent journal on economy and transport policy
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BRIEFS
August 3, 2011
The Business Timesweb site
Shipping News
  • Biggest glut in tankers in 29 years
    Demolitions of supertankers, which carry about 20 per cent of the world's oil, are slowing as ship owners accept unprofitable rates rather than write off assets, creating the industry's biggest glut in 29 years.
  • China demand to drive crude tanker rates
    Rates for crude tankers on key Asian freight routes are expected to rebound slightly from this year's lows as Chinese demand for West African oil returns, shipbrokers said yesterday.
  • GE, partner sell box lessor to China firm
    General Electric Co and a partner agreed to sell shipping container lessor GE SeaCo for US$1.05 billion to China-based HNA Group Co and Bravia Capital as chief executive officer Jeff Immelt reshapes GE's finance business.
Strait Talk
  • Rougher seas ahead for liner shipping
    IF BUSINESS success depended on the amount of free advice offered, the container shipping lines would be massively profitable ventures.

The Business Timesweb site
Shipping News
  • Biggest glut in tankers in 29 years
    Demolitions of supertankers, which carry about 20 per cent of the world's oil, are slowing as ship owners accept unprofitable rates rather than write off assets, creating the industry's biggest glut in 29 years.
  • China demand to drive crude tanker rates
    Rates for crude tankers on key Asian freight routes are expected to rebound slightly from this year's lows as Chinese demand for West African oil returns, shipbrokers said yesterday.
  • GE, partner sell box lessor to China firm
    General Electric Co and a partner agreed to sell shipping container lessor GE SeaCo for US$1.05 billion to China-based HNA Group Co and Bravia Capital as chief executive officer Jeff Immelt reshapes GE's finance business.
Strait Talk
  • Rougher seas ahead for liner shipping
    IF BUSINESS success depended on the amount of free advice offered, the container shipping lines would be massively profitable ventures.

Sched Netweb site
  • Global containership capacity increases, but demand remains low
  • Zim plans US$150 per TEU Asia-Europe peak surcharge from August 14
  • Maersk shifts focus to high-growth African and South American markets
  • CSAV and CMA CGM provide joint China to west Africa WAX II Service
  • OOCL and Yang Ming revert to joint Far East subcontinent service
  • General Electric sells SeaCo to China's HNA Group for US$1.05 billion
  • US agri-biz fears retail import decline will cause export capacity shortage
  • US congressional auditors seek corrective action on Pentagon supply chain
  • Hapag-Lloyd launches own feeder from Singapore to Surabaya, Jakarta
  • XCL enters the Latin America sector to offer feeder from Panama
  • US manufacturing growth shrinks as expansion slows to crawl: PMI stats
  • NYK holds fleet safety conferences for shipowners and ship managers
  • Costs, security risk block mariner internet access in port, says NGO study
  • GAC boosts marketing in Europe by establishing new post in Bremen
  • China's HNA Group and Bravia Capital acquire stake in Turkey's ACT Airlines
  • Turkish Cargo adds flights to Riyadh, Jeddah, Lagos and Addis Ababa
  • Air India freighters 'too big for shorthaul, too small for long'

Exim Indiaweb site
  • Baltic index slumps to more than 3-month low
  • INTTRA transforms invoice dispute management
  • Lift & Shift India moves world's largest coke drum, vacuum column
  • EU agrees to stop confiscation of in-transit Indian drugs
  • Iran gets first oil payment from India
  • Goa to persuade MoS to modify Mormugao Port's limits
  • JNPT clarifies on alleged lack of communication with shippers regarding crane installation
  • E-payment mandatory for import duty above 1 lakh
  • Exports rise 46 pc in June
  • Indias fiscal deficit quadruples to Rs 1.6 lakh cr.

International Transport Journalweb site
AUGUST 2, 2011
  • Swiss Worldcargo and Cargologic to continue partnership for a further seven years
    The long-running partnership between Cargologic and Swiss Worldcargo is set to continue: the success of the arrangement has been reaffirmed by a new agreement between the companies...
  • TAM increases flights between Orlando and S˜o Paulo
    As of today, the Brazilian carrier TAM will operate a second daily flight between Orlando (USA) and S˜o Paulo (Brazil). Using an Airbus A330, TAM which began to fly from Brazi...
  • IATA improves freight forwarder credit scheme
    In response to concerns raised by the Freight Forwarder community, IATA is pleased to announce a new settlement monitoring program has been agreed by the European Air Cargo Program...
  • GAC strengthens marketing presence in Europe
    GAC, a global provider of shipping, logistics and marine services headquartered in Dubai, has underlined its commitment to Europe by expanding its regional shipping marketing team ...
  • Horizon Lines reports second-quarter financial results
    Horizon Lines, a leading US domestic ocean shipping and integrated logistics company, recently reported its financial results for the second quarter ended 26 June 2011. Container v...
  • First European sized freight train over High Speed 1 in use
    DB Schenker Rail operates first European sized freight train over High Speed 1. The project to introduce regular European sized freight trains on High Speed 1 has achieved a ma...
  • Nigeria's Government has plans for the revival of the rail
    IN an effort to reduce the burden on Nigerian roads, Federal Government yesterday said it has developed a 25 year development plans for the resuscitation of railways sector in the ...
  • Iveco surprises with large growth in H1
    Iveco, the truck brand of Fiat Industrial, posted revenues of EUR 4.6 billion for H1 2011, up 20.2% over the same period for the prior year. A total of 74,960 vehicles were deliver...
  • IMS Cargo increases shuttle connections
    IMS Cargo increased the capacities of its Austria Container Shuttle (ACS). There are new two additional round trips, which makes eight roundtrips in total per week on the route Ham...
  • New Sales Booming of Daimler Trucks in Europe and US
    Daimler Trucks posted EBIT of EUR 474 million (Q2 2010: EUR 300 million) and a return on sales of 7.1% (Q2 2010: 5.1%) in Q2. The rise in earnings is primarily due to a renewed sig...
  • Correction: Air France-KLM Cargo used new Envirotainer before Emirates SkyCargo
    With reference to our issue of yesterday, Air France-KLM Cargo points out that it has already been using the new Envirotainer RAP e2 containers since February 2011. The French-Dutc...
  • Ground-breaking ceremony for the new branch of the German forwarder Emons in the port of Nuremberg
    The German forwarder Emons based in Cologne (Germany) is investing about EUR 10 million in the construction of the new Nuremberg branch in Bayernhafen (port of Bavaria) Nuremberg. ...
  • Stef-TFE grows in all fields
    The French transport and logistics provider Stef-TFE that specialises in refrigerated and frozen cargo increased their turnover in the second quarter by 10.4% in absolute numbers a...
  • Port cuts diesel pollution by more than 70%
    The Port of Long Beach's clean-air efforts are achieving dramatic comprehensive reductions in air pollution, including a 72% decline in diesel particulates, according to the latest...
  • MOL announces upgrade to CX1 service linking Panama, Manaus
    Mitsui O.S.K. Lines Ltd. (MOL) recently announced an upgrade to its CX1 feeder service between Panama and Manaus and the beginning of independent operation on the route. The move w...

Marine Logweb site
AUGUST 2, 2011
  • Darling named President of AEP River Operations
  • Waterways Council names new President & CEO
  • Rolls-Royce books orders for Island Offshore supply vessel systems
  • Resolve starts Sri Lanka wreck removal project
  • CSA seeks entries for environmental achievement awards
  • PCTC is first ship with fully operational OceanSaver BWT system

World Wide Shipperweb site
AUGUST 2, 2011
  • Groundbreaking celebration set for East Bay Public Plaza in Olympia
  • MAX line for Portland Airport tops 10 million passenger mark
  • Federal Maritime Commission sets new rules for cruise lines
  • NYK coal carrying vessel rescues pair of French sailors
  • OOCL earns honor for online schedules

Lloyd's Listweb site
AUGUST 2, 2011
  • Time for container operators to embrace new salvage form
    The changes introduced in LOF 2011 will ensure efficiencies in the difficult circumstances of salvage operations
  • Syria violence fails to ignite cross-Mediterranean aframax rates
    Instead stagnating rates have pushed earnings into negative territory
  • Solid VLGC earnings set to rise further
    Brokers predict auspicious August as extra spot cargoes from Middle East continue to provide employment
  • Awilco carrier on first charter after lay-up
    Norway's Awilco LNG has secured a 30-90 day contract for its liquefied natural gas carrier WilGas
  • Tanker scrap values reach highest level since crash of 2008
    Ships sold to Indian breakers achieve 'truly astounding numbers', with some earning as much as $575 per ldt
  • Capesize owners capitalise on booming scrap prices
    Latest two reported vessels sold for demolition push 2011 numbers further towards the 60 mark
  • Skuld's strong underwriting record wins S&P upgrade
    Stand & Poor's raises outlook to positive and affirms counterparty credit and financial strength ratings of A-
  • All eyes on Zurich in the great Asia rates debate
    The major underwriters have followed up on Lloyd's Asia and the market is now very competitive, with costs under pressure
  • Ransoms: the moral maze revisited
    Playing the waiting game to get 'prices' down is more costly financially as well as ethically
  • Chinese train tragedy's message for shipping
    While some shipowners swear by Chinese ships, few seafarers would chose to work on one over a Japanese or South Korean vessel
  • Tough choices for K Line
    If the Japanese carrier exits the Asia-Europe trades, what is the next move?
  • Top box lines join forces to cut cargo-related incidents
    Information will be shared between carriers through new Cinsnet online database
  • DSV checks aim to lift veil on weights
    Pilot scanning road freight will show shipping lines extent of misdeclared container problem
  • Giant boxships pose new risks
    Container heights to exacerbate existing stacking and lashing problems
  • Owners risk safety by cutting costs on pilotage
    UK shipping minister is told Maritime and Coastguard Agency should intervene
  • EU grants $35m for Rostock and Gedser
    Port upgrades to compete with road transport
  • Samskip wins deal for Duisburg rail terminal
    European shortsea and multimodal operator's $28.4m investment involves building seven train-long platforms built and two intermodal gantry cranes installed
  • Greek owners buck consolidation trend
    New Petrofin survey finds Greeks expanding in number of owners as well as fleet
  • NewLead pursues TMT for $7m in charter hire arrears
    Nobu Su faces owners' complaints of non-payment
  • Van Oord cleared of illegal dumping by Kenya Port Authority
    Dutch dredging operator disposed of Mombasa terminal spoil in designated area
  • Germany's strong car exports boost Bremen and Bremerhaven
    Twin ports post 16.5% growth in throughput to 40m tonnes in first half
  • ThyssenKrupp seeks owner for non-military arm of Blohm+Voss
    Engineering giant in talks with unnamed European investor
  • Grand China denies shrinking orderbook
    Dry bulk giant says rumours of reduced orders at Jinhai Heavy Industries are false
  • Taiwan tonnage tax fails to find takers
    Only tepid response despite heated calls from shipowners.
  • Latest quarterly loss prompts OSG to cut dividend by 50%
    New York tanker major becomes latest casualty in depressed spot market
  • Ransoms and deniability
    The freeing of the Italy flagged Buccaneer shows that mendacity has its uses when lives are at stake
  • New ship helps boost Norwegian Cruise Line's profit nearly 30%
    Delivery of Norwegian Epic combines with rises in ticket prices and onboard spending
  • HPH appointed operator of Enfield Intermodal Logistics Centre
    Inland site 18 km from Port Botany expected to achieve up to 300,000 teu of port related throughput by rail
  • Dockers down tools at Mermaid Marine Australia
    Six-day strike over pay at Dampier Supply Base turns into 12 after union rejects offer
  • Capesize prices can go much lower, says Courage Marine chairman
    Hsu Chih-Chien says the most vulnerable yards are small and medium sized facilities with limited ability to take loss-making deals

Fairplayweb site
AUGUST 2, 2011
  • Ukraine bars 17 vessels
    UKRAINE today barred 17 riverine ships from operating after inspections sparked by a ferry sinking in Russia
  • NCL returns to profits
    NORWEGIAN Cruise Line swung to profits in its latest quarter, aided by increased net yield and capacity growth
  • Greeks seize 210 migrants
    GREEK authorities have arrested four smugglers and seized 210 migrants in the past week who had been trying to reach Italy
  • Italy's efforts to secure tug release revealed
    A NEW WikiLeaks disclosure describes how Italy made payments to Somali authorities as it tried to secure the release of a hijacked tug
  • GENCO votes half-million
    PETER Georgiopoulos will receive $500,000 per year as chairman of GENCO, its board has recommended
  • Sonatrach seeks gasoil shipments
    ALGERIA'S Sonatrach has issued a tender for six gasoil cargoes totalling about 180,000 tonnes, IHS World Markets Energy reported today
  • Ferry line frozen after sinking
    PHILLIPINES authorities have reportedly forced ferry company Trans-Asia Shipping Lines to suspend services after one of its vessels sank
  • Breaking misery continues
    AS BANGLADESH'S Supreme Court takes its time to decide whether shipbreakers can continue operating, ship buyer Global Marketing Systems told Fairplay today it did not sell any vessels to yards there last week
  • Russia signals pork import cut
    RUSSIA'S government has issued issued a resolution indicating that next year's import quota for pork is likely to be cut from 472,000 tonnes to 320,000 tonnes
  • Owner investments in Greece called 'unlikely'
    GREEK shipowners based in the UK are unlikely to invest in Greece unless it becomes more friendly to businesses, a key owner has warned
  • Sembcorp raises JV stake
    SEMBCORP Marine's wholly owned subsidiary Sembawang Shipyard has increased its stake in Sembmarine Kakinada Ltd
  • DHL picks profitable cargo
    DHL GLOBAL Forwarding said today it had lower cargo volumes but higher profits in Q2
  • Cosco Corp's shares dive
    SHARES of Cosco Corp (Singapore) dived today after analysts graded the group down following its 2Q2011 earnings results
  • Momentum seen for gas giants
    BROKERS told Fairplay today that the very large gas carrier rates are likely to continue rising on tight tonnage and increased exports
  • MR disruption seen in Taiwan
    TAIWAN'S part-shutdown of the Mailiao petrochemical complex owned by Formosa Plastics might disrupt MR freight rates

The Journal of Commerceweb site
AUGUST 2, 2011
  • Expeditors Reports Record Second Quarter Profit
    Expeditors International of Washington reported a record second quarter profit of $95 million on Tuesday, but the forwarder saw growth...
  • Genesee Buys Short Line in Arizona
    Short line railroad owner Genesee & Wyoming signed an agreement to buy Arizona Eastern Railway from Iowa Pacific Holding for...
  • Obama Targets Trade, Infrastructure to Boost Economy
    President Obama on Tuesday urged Congress to quickly settle differences on aviation legislation to unblock air construction projects, and to...
  • Consumer Spending Fell 0.2 Percent in June
    U.S. consumer spending fell in June for the first time in almost two years in the latest indication the economy...
  • Atlas Profit Falls on Weaker Air Freight
    Atlas Air Worldwide Holdings' net profit fell 27.2 percent in the second quarter to $23.8 million on higher fuel costs...
  • Great Lakes Dredge Profit Down 42.8 Percent
    Great Lakes Dredge & Dock's profit in the second quarter fell 42.8 percent to $19.8 million, as its dredging segment...
  • NAFTA Surface Trade Rises 15.7 Percent
    The value of goods transported by truck and rail between the U.S., Mexico and Canada rose 15.7 percent in May,...
  • India Exports Surged 46 Percent Year-Over-Year
    India's exports surged 46.45 percent year-over-year to $29.21 billion in June, as fears grow that the uncertainty in the U.S....
  • Container Ship Capacity Jumps 10 Percent
    Active container ship capacity around the world is up 10 percent over the past year, running ahead of cargo demand...
  • Deutsche Post Profit Soars on DHL Boost
    Deutsche Post DHL more than tripled its net profit in the second quarter from a year ago to $368.9 million,...
  • Quality Distribution Profit Rises 300 Percent
    Quality Distribution increased its profit more than 300 percent in the second quarter to $9 million as the nation's largest...
  • TNT Profit Drops on Higher Costs, Asia Decline
    TNT Express reported an 8.1 percent drop in second quarter adjusted operating profit, as higher fuel and wage costs, declining...
  • ANA Loses $107.7 Million Despite Cargo Gains
    All Nippon Airways lost $107.7 million on a consolidated basis in the fiscal first quarter ending June 30 despite strong...
  • WWL Appoints New North American Management
    Wallenius Wilhelmsen Logistics announced changes on Tuesday in its North American management team. The Scandinavia-based roll-on, roll-off specialist named...

Containerisation Internationalweb site
AUGUST 2, 2011
  • MOL doubles its space on CX1 loop
  • Canadian Pacific Railway posts Q2 2011 loss
  • HPH takes the keys to Port Botany terminal
  • GE SeaCo sold to HNA and Bravia Capital joint venture
  • MSC leviathan helps trial new Felixstowe berths

TradeWindsweb site
AUGUST 2, 2011
  • ADM attacks Restis arm
    Enterprises Shipping & Trading lands at the centre of million-dollar dispute over soggy soybeans.
  • Tsirigakis in at Ocean Rig
    Architect of new blank-cheque eyes board seat as DryShips drilling wing closes in on Times Square listing.
  • ITC sale fizzles out
    Back to the drawing board for Independent Tankers Corp as mystery buyer pulls plug on VLCC deal.
  • Seacor wing plots IPO
    Aviation arm of New York-listed offshore owner eyes $150m debut in the public market.
  • DryShips' $50m dividend
    Shareholders in George Economou-controlled shipowner set for a payout as part of OceanRig's Nasdaq float.
  • Bangladesh paper chase
    Bangladeshi ship breakers wait in anticipation while the legal wheels in the country's Supreme Court grind slow.
  • GLDD slips in the second
    Gross profit plummets 42% at Nasdaq-listed dredging giant following spike in shipyard stays.
  • Boxships to bounce back
    Containership owners can look forward to better earnings next year as demand outpaces supply, says Platou's Bjorn Bodding.
  • OSG cuts divi after loss
    Morten Arntzen-led owner slices dividend after booking its ninth successive quarterly loss in an "extremely poor" market.
  • Lower profit at SembCorp
    Singapore-based SembCorp Marine has reported a lower profit and turnover to the Singapore Stock Exchange in the first half of this year compared with the same period in 2010.
  • Crew pay rise confirmed
    Twitter leak rings true as union reveals seafarers are set to pick up larger cheques from next year.
  • Stevenson's spur
    Craig Stevenson's $1.2bn grab for 30 Cido products tankers spells good news for asset values in the sector, says Evercore.
  • Frontline sits out again
    CEO Jens Martin Jensen is bemused by rivals' willingness to work for nothing as it refuses to fix VLCCs at a loss.
  • Taiwan fire hits market
    The refinery fire at the Formosa Petrochemical refinery at Taiwan's west coast port of Mailiao will affect both tanker imports and exports.
  • Mermaid Marine diving
    Action hits Australian offshore outfit's share price as pay impasse continues.
  • Cosco shares plunge
    Over 10% wiped off the value of shipbuilder and bulker owner in early trading in Singapore.
  • Pay pack for Peter
    Genco board gives chairman Georgiopoulos half a million dollars per year wage despite shares tumbling.

American Shipperweb site
AUGUST 2, 2011
  • Produce imports
    USDA considers West African tomato imports The U.S. Department of Agriculture's Animal and Plant Health Inspection Service has proposed amending its fruits and vegetables regulations to allow the import of tomatoes from the member countries of the ...
  • Logistics, transport growth strategy
  • MSC surcharges, rate hikes loom
    Liner carrier Mediterranean Shipping Co. said it will impose peak season surcharges on shipments from Asia to South Africa and from Southeast Asia to Australia in the coming weeks. The Asia-South Africa surcharge, to be assessed from Aug. 15, is $1...
  • Top container lines in joint safety project
    Five of the world's largest container carriers have joined forces to create a database for sharing information about cargo and container-related accidents "in order to improve safety in the transport chain." The Cargo Incident Notification System ...
  • HNA, Bravia agree to acquire GE SeaCo
    HNA Group Co. of China and Bravia Capital of Hong Kong said Monday they have agreed to acquire GE SeaCo, the world's fifth-largest marine container leasing company, for about $1.05 billion from General Electric and SeaCo. GE SeaCo owns and manages...
  • OSG reports $37 million loss
    Tanker company Overseas Shipholding Groupreported a second quarter net lossof $37.3 million compared to a $37.9 million loss in the same period last year. Shipping revenue in the second quarter was $271.7 million compared to $283.9 million in the s...
  • INTTRA offers automated invoice comparing
    INTTRA, a provider of e-commerce applications to the ocean freight industry, has developed an automated invoice comparison and dispute initiation system, called INTTRA Automatch. Available with INTTRA eInvoice, the electronic invoice presentment a...
  • MOL maintains on-time performance
    Liner carrier MOL said Tuesday its on-time performance in the second quarter remained steady in the transpacific and Asia/Europe trades while it improved drastically on the one transatlantic service the Japanese line measures. The line's transpaci...
  • Workers strike American Steamship
    Licensed deck and engineering officers and stewards represented by the American Maritime Officers union walked off American Steamship Co. vessels on Monday after their union's contract with the company expired at midnight on July 31. AMO President...
  • Old Dominion rolls out 3PL
    Old Dominion Freight Line has started a third-party logistics services provider, called Vault Logistics. Vault, based in Thomasville, N.C., unites several business units within Old Dominion into an independent operating division that includes ware...

The Bunker Bulletinweb site
AUGUST 2, 2011
  • Fujairah prices soft
    Earliest delivery dates were from August 5 onwards.
  • Chinese shipping firm suspends nuclear power research
    Study of other alternative energy sources to cut emissions continuing, may return to nuclear power later.
  • Titan 'committed' to its floating storage business
    Company confirms that it has been asked to relocate from Pasir Gudang.
  • Rotterdam bunker prices drop
    Earliest delivery dates from August 5-6 onwards.
  • IBIA appoints interim Chief Executive
    Trevor Harrison to take on the role on a part-time basis.
  • Valero completes deal for Chevron's UK refinery
    Deal includes refinery plus marketing and logistics assets throughout the UK and Ireland.
  • External: Praxis Energy Agents S.A.
  • Court rules refinery can restart operations
    But supplies to Bulgaria's bunker market still uncertain.
  • Fuel leak reported from sunken passenger ship
    200 metre slick spotted off the coast of Iloilo province in the Philippines.
  • NCL returns to profit despite 'high' bunker prices
    'Controllable costs were kept in check' says cruise line.
  • New office address for Chemoil Adani
    New corporate office address announced.
  • External: Global Vision Bunkers B.V.
  • Bunker prices at major ports largely down
    Below average demand for bunkers on Tuesday, says traders.
  • IMO's adoption of the EEDI is 'only the start'
    IMO still 'under pressure' to come up with market-based measures to cut GHG emissions, says Carbon Positive.
  • South China fuel oil imports up 35% month-on-month
    All the product was purchased by bonded bunker traders.
  • Singapore bunker volumes threatened by Brightoil expansion
    Chinese terminals aim to capture 30% of Singapore sales.
  • Box shipping market data points to 'fairly balanced' H2
    Shipbroker also predicts a moderate recovery in both box rates and charter rates in 2012.
  • Buckeye keen to double BORCO's storage capacity
    As existing storage space is 'fully contracted.'
  • NOL losses to 'peak' in Q2
    Amid delay in freight rate increases and high bunker costs, says Morgan Stanley.

›››File
FROM THE HOME PAGE
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Federlogistica, the possible collapse of road transport is a risk for the country
Genoa/Modena
Ruote Libere reports that the government only needs to allocate a little money to avoid having to deal with the real problems of road hauliers
Second edition of the European Maritime Transport Environmental Report published
Lisbon/Copenhagen
The new report indicates that promising progress has been made in several areas
WSC, MEPC must provide clear measures to decarbonise shipping this week
Washington
Wood-Thomas: It is not possible that these decisions can be postponed to guidelines developed in two years
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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