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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
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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