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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
European Commission meeting to define the strategy for the development of EU ports and maritime industry
Brussels
Call for papers by July 28th
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
The transfer of 80% of Louis-Dreyfus Armateurs' capital to InfraVia has been implemented
Suresnes/Paris
The Louis-Dreyfus family retains the remaining 20%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
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 Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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