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28 April 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
May 6, 2011
The Business Timesweb site
Shipping News
  • Panamax rates seen rising on grain demand
    Rates for panamax dry bulk carriers on key Asian freight routes are expected to rise next week on strong Chinese demand for US grains, shipbrokers said yesterday.
  • Baltex gets regulatory nod, will begin electronic trading soon
    The Baltic Exchange has won UK regulatory approval to run a platform for centralised electronic trading of dry freight derivatives, which will go live shortly with support from some brokers, the exchange said.

Sched Netweb site
  • Drewry: Second week-to-week gain, HK-to-LA spot rate up 8.9pc
  • CMA CGM, Maersk, Hanjin to hike Asia-Europe rates US$200-$250 per TEU
  • CSAV posts Q1 loss of US$186.4 million after Q4 loss of $7.2 million
  • Inner Mongolia to be assigned coastal tract to develop as seaport
  • Matson blames fuel, China loop costs for US$7.4 million Q1 loss
  • UK shipper lobby calls container freight derivative debate
  • Maersk starts up Seago Line to focus on intra-Europe trades
  • UK unions, railways, environmentalists oppose allowing truckers bigger trucks
  • Korean Air first quarter net profit up 14pc to US$176.6 million
  • Qatar Airways to acquire 33pc of Luxembourg's Cargolux
  • Iraqi landing fees hobble air cargo - trucks to the rescue

Exim Indiaweb site
  • Alltime Shipping firmly on growth path
  • Curbs sought on used equipment imports to ensure quality
  • Despite Pak ending bias, India in no hurry to push for PTA
  • FinMin not in favour of DEPB scheme extension
  • Global shortage boosts demand for Indian shrimp
  • Govt must provide level playing field to manufacturers: Fieo
  • Govt nod for benchmark fertiliser import price hike
  • India, Pak to run 2 extra freight trains daily
  • MMTC invites bids for importing urea, complex fertilisers
  • Morocco calls upon India to supply rice, wheat
  • Onion exports dip sharply due to bumper output, higher MEP
  • GatewayRail commences weekly train service between ICD-Ludhiana & Pipavav
  • Air India strike has marginal impact on international cargo movement; domestic operations hit
  • Govt consents to export 30,000 t sugar
  • Chairman inaugurates international training course on energy audit at JNPT

International Transport Journalweb site
MAY 5, 2011
  • Vietnam approves plan for new Long Thanh airport
    The ministry of transport in Vietnam has approved a general plan for the Long Thanh International airport (LTIA) project in Dong Nai Province (cf. ITJ Daily of 18 November 2010). J...
  • Spanish partners unveil algae-based bio-fuel production project
    The Spanish government, the national airline Iberia, the airport and air traffic control agency Aena, and the technological company AlgaEnergy, unveiled a microalgae-based biofuel ...
  • Combronde takes over Bettoli in France
    Combronde, a company that focuses strongly on traffic to/from Italy, is taking over the French enterprise Bettoli and its fleet of 35 vehicles and 40 trailers. Bettoli, an ail...
  • Transfracht boosts capacities to/from German seaports
    After the reorganisation in Austria, TFG Transfracht has boosted capacities to/from the Vienna terminal with immediate effect. The booking possibilities for export shipments from t...
  • USA: seven railway and transport companies get Transcaer award
    The USA's Transportation Community Awareness and Emergency Response (Transcaer) has recognised seven rail transport and chemical companies that are helping communities...
  • Knorr-Bremse opens HVAC facility
    Knorr-Bremse in UK has renamed Sigma Coachair's UK business as Knorr-Bremse Rail Systems (Burton) Ltd and moved its UK rail heating, ventilation and air-conditioning activities (HV...
  • Alaska Railroad reports stronger-than-anticipated revenues for 2010
    The Alaska Railroad Corporation (ARRC) has reported stronger-than-anticipated revenues for 2010, with USD 13.4 million net income on total revenues of USD 167.1 million. One key to...
  • Daimler sees truck sales jump
    Daimler AG has reported that its first-quarter profit jumped due to higher truck sales. The operating profit of the German company's trucks unit more than tripled to EUR 415 millio...
  • Alaska West Express named Alaska's safest truck fleet
    The US road haulier Alaska West Express has received the Alaska Safe Truck Fleet of the Year Award for local cartage from the Alaska Trucking Association (ATA). Alaska West Express...
  • El Al goes e-freight live
    El Al Israel Airlines is the 34th airline to join the worldwide league of e-freight live airlines that offer paper free air cargo. The airline completed its first paperless cargo s...
  • Gulf Air appoints new chief commercial officer
    Gulf Air, the national carrier of the Kingdom of Bahrain, has appointed Karim Makhlouf as chief commercial officer. Makhlouf joined Gulf Air in October 2010 as director commercial ...
  • HHLA: high-tech protecting the climate
    Hamburg-Altenwerder has the most highly automated and the most electrified container terminal in the world. Both bring considerable benefits for the environment. The need for more ...
  • OWL's Warsaw office offers shippers access to largest airport in the region
    Ocean World Lines (OWL), a global, single source NVOCC (non-vessel operating common carrier) and a subsidiary of Pacer International, recently opened its third office in Poland. Th...
  • Port of Zeebrugge detects contaminated container from Japan
    A container that arrived at the port of Zeebrugge (Belgium) on 3 May triggered an alarm when it passed through the fixed radioactivity monitoring portals. These control facilities ...
  • DHL Express wants to sell its domestic Canadian business
    DHL is to pull out of its domestic express operations in Canada, with DHL Express concentrating on international express deliveries to and from Canada. The company has agreed to se...
  • Panalpina with solid start in 2011
    The Basel (Switzerland)-based service provider Panalpina reported strong double digit growth in profitability and volume increases in air and ocean freight in Q1/2011,...
  • BLG back on growth course again
    The Bremen-based German logistics service provider BLG is growing again after a weak fiscal 2009. When presenting BLG's results for 2010, the company's CEO, Detthold Aden, said tha...
  • Baden-Wuerttemberg new SPC member
    The German state of Baden-Wuerttemberg has joined the sponsor organization of the Short Sea Inland Waterway Promotion Center (SPC), based in Bonn. The news was recently announced b...

Marine Logweb site
MAY 5, 2011
  • Wärtsilä wins design and equipment contact for Rem LNG-fueled PSV
  • Incat Crowther designs two ferries for Russian shipyard

World Wide Shipperweb site
MAY 5, 2011
  • Delivery of Washington ferry set back by seven days
  • Oregon congressman honored with AAR environmental award
  • One day left to bid for ride on Crowley tug
  • Thomas E. Chamberlain named to Portland Port Commission
  • Mitsui constructs forklifts shielded from radiation

Lloyd's Listweb site
MAY 5, 2011
  • Jet fuel rates from Middle East to Europe skyrocket
    Shortage of available vessels for cargoes of jet fuel pushes rates well above levels seen just a couple of weeks ago
  • Dragnis charters out LR1 at 15% above benchmark
  • Tsakos books 10-year fixture for suezmax
    Tsakos Shipping has chartered out the 2011-built, 158,000 dwt suezmax Spyros K for 10 years at $23,000 per day, according to London-headquartered shipbroker Clarksons
  • Products sector set to soar, says Navios Acquisition
    Angeliki Frangou-led owner sustained by cash from VLCC fleet in early stages of offshoot tanker business
  • Owners look to cash in on global LNG boom
    Import growth of 30% to 2015 will outpace fleet growth, giving scope for higher charter rates
  • Glencore prospectus shows position as leading charterer
    Commodities giant runs a sophisticated ocean freight and logistics division, but its freight desk reported substantial losses in past two years
  • Textainer orders $500m of boxes as demand remains high
    First-quarter revenues rise 31% to $91m
  • Borrowers forced to tap new sources as Basel III kicks in
    Tougher capital rules for banks will make debt less readily available as a source of finance for shipping companies
  • D'Amico looks for improvement in second quarter
    Reports $4.8m loss but says demand is increasing
  • Freight derivatives: jury still out
    The second of a two-part series explaining how box derivative paper products work
  • Forwarder's guide to box freight derivatives
  • Clearing versus OTC trading
  • Are paper products the answer to turbulent markets?
    Opinion is split on whether derivatives could help eliminate price volatility from container trades
  • Ocean Rig secures funding for drillships
    Restructured finance deal brings Dryships subsidiary closer to gaining independence
  • Offshore boost for US links to Brazil
    Much of construction work on Bondini PSVs likely to take place in the South American country
  • Natural gas to step in to fill nuclear breach
    Governments continue to question their future nuclear commitments following the disaster in Japan
  • North Europe producers kick up sulphur fuss
    Manufacturers complain about lack of fairness in the IMO's low sulphur rules
  • Producers step in to fulfil Japan's LNG needs
    Qatar, Indonesia, Malaysia and Russia prove their ability to meet demand growth
  • Seaspan confirms further newbuilding plans
    In talks with Chinese and South Korean yards over additional vessels
  • Zeebrugge radiation alert halts containers from Yokohama
    Belgian nuclear agency discovers low-level contamination in fine dust on outside of box
  • Capital Product to merge with Crude Carriers
    Evangelos Marinakis-headed tanker companies to form diversified, eighth largest US-listed tanker fleet
  • Increase in uptake for Ireland's tonnage tax scheme
    More join in 2010 than the previous year
  • Doubt over consolidation in shipmanagement
    Wallem's Jim Nelson says mergers and moving into China are both fraught with difficulties
  • Maersk Broker Asia signs co-operation pact with Sinosure
    Agreement to develop shipping-related financial services
  • China's chains on ship finance
    With banks restrained by Basel III, China's under-regulated lease financing market may accelerate to supply funding for growth-hungry shipowners and shipyards
  • Opening the box
    Wider choice of container freight trades indices could provide greater transparency in an industry that is often hard to fathom
  • Navios Acquisition underlines faith in products market
    Angeliki Frangou-led owner sustained by cash from VLCC fleet in early stages of offshoot tanker business
  • Concern over bunker fuel quality
    DNV Petroleum Services in Singapore survey finds 94% of operators reported problems with bunker deliveries in 2010

Fairplayweb site
MAY 5, 2011
  • Seaspan misses mark
    GERRY Wang-led Seaspan today reported lower profits than expected and remained quiet about talks on newbuildings
  • Navios narrows tanker losses
    ANGELIKI Frangou's tanker venture today logged another loss but plans to exploit the improving products trade with newbuildings
  • US mulls spill liability
    SHIPOWNERS found liable for major spills in US waters would face drastic new liability limits under a US Senate proposal
  • California pilot pay proposal assailed
    A LINER group has repeated that a proposed pay raise for pilots, now approved by a state board, would staunch box sector growth in the San Francisco area
  • Evacuees reach Benghazi
    A FERRY reportedly reached rebel-held Benghazi today with about 800 Libyans and others who had been evacuated under fire from Misurata
  • New box index unveiled
    CARGO owners and liner operators in the box trades will be offered wider possibilties for freight spend and income hedging with the unveiling today of a new set of benchmark indices
  • PEMEX terminal closed
    A STORM has forced Mexican oil giant PEMEX to close an oil export terminal, but it has not affected crude cargoes to the US, Fairplay was told today
  • Koreans ratify EU accord
    SOUTH Korean parliamentarians have ratified a free-trade agreement with the EU, IHS Global Insight reported today
  • Turkey mulls fee rise for Bosporus
    TURKEY reportedly said today it might raise fees for transiting the Bosporus to encourage shipowners instead to use its planned Canal Istanbul
  • First Nord Stream gas leg completed
    NORD STREAM told Fairplay today that the first leg of its Baltic gas pipeline scheme has been finished
  • Jaccar doubles Eitzen Ethylene stake
    INVESTMENT company Jaccar plans to take up its option to double its 40% stake in Eitzen Ethylene Carriers at the end of next month, Fairplay has been told
  • BV marine revenues decline slows
    FRENCH classification society Bureau Veritas has reported a slowing in the decline of its marine revenues during the first quarter
  • Courage maintaining its purchase plan
    THE CHAIRMAN of Singapore-listed Courage Marine told Fairplay today that the drybulk carrier is still keen on fleet expansion, despite cancelling its planned Hong Kong IPO
  • Höegh seeks $200M for FSRUs
    NORWAY'S Höegh LNG has announced a private placement to raise $200M for investment in two new floating storage and regasification units
  • VLCC owners wait on holidays
    THE LONG holidays in Japan have increased VLCC owners' anxiety

The Journal of Commerceweb site
MAY 5, 2011
  • Obama Draft Plan Eyes VMT, Interstate Tolling
    The Obama administration has been floating draft language for surface transportation legislation that could lead to a tax on vehicle...
  • Wilmington's Nine-Month Box Volume Up 16 Percent
    The volume of containers handled by the Port of Wilmington, N.C. increased 16 percent year-over-year in the first nine months...
  • Freight Index Shows Slower Growth
    Growth in freight shipments and payments slowed in April, indicating constrained consumer spending and near-term slowing of the economy, the...
  • California Assembly to Vote on Port Trucker Classification
    Labor interests in California are taking the battle over the job classification of drayage truck drivers to the State Assembly...
  • Pirates Seize Ship, Damage Second Vessel
    Pirates seized a bulk cargo carrier with 24 Chinese crew members and damaged a container ship owned by Evergreen Marine's...
  • China Shipping, United Arab Enter Slot Swap Agreement
    China Shipping Container Lines and United Arab Shipping Company entered a slot swap agreement for their services operating on Asia-Europe...
  • Easter Boosts Retail Sales
    Retailers reported strong April sales that were boosted by pre-Easter sales but tempered by bad weather and signs that rising...
  • Drewry, Cleartrade Launch Global Container Rate Index
    Drewry Shipping Consultants and Cleartrade Exchange on Thursday unveiled a global index of freight rates they said can be used...
  • Pacific International Expands Trans-Pacific Service
    Pacific International Lines is expanding its China Transpacific service to connect Long Beach with ports in Australia and New Zealand....
  • Committee Considering Bill to Streamline Background Checks
    The House Homeland Security Committee on Wednesday took testimony the MODERN Security Credentials Act, which proposes that a card applicant...
  • Mica Eyeing Late May Completion Date for FAA Bill
    John Mica, R-Fla., chairman of the House Transportation and Infrastructure Committee, expressed confidence on Thursday that Congress will complete a...
  • Surface Transport Bill Drafting in Progress, Mica Says
    Congressional staff on the House Transportation and Infrastructure is making progress drafting legislative language of what could become the panel's...
  • Saia Increases Profit, Boosts Revenue 15 Percent
    Higher tonnage, shipments and pricing drove less-than-truckload carrier Saia further into the black in the first quarter, with a net...
  • Mississippi River Open for Navigation Despite Flooding
    Navigation continues as normal on portions of the flooded Mississippi River, although there will be a temporary closure of the...
  • Covenant Transportation Loses $2.5 Million
    Winter weather, low West Coast demand and rising costs contributed to a $2.5 million first quarter net loss at truckload...
  • Seaspan Posts $50.5 Million Profit
    Container ship owner-charterer Seaspan reported first quarter profit of $50.5 million as its expanded fleet pushed revenue up 50 percent...
  • UASC adds Asia-US Peak Season Surcharge
    United Arab Shipping Company will implement a peak-season surcharge for all cargo shipped from Asia to the U.S. East Coast....
  • Expeditors' Net Soars 49 Percent
    Expeditors International of Washington saw net profit soar 49 percent in the first quarter to $91.2 million as the freight...
  • Roadrunner Profit Soars 350 Percent
    Strong demand and higher prices lifted first quarter revenue 20 percent for less-than-truckload and truckload operator Roadrunner Transportation Systems. ...

Containerisation Internationalweb site
MAY 5, 2011
  • BIMCO publishes radioactivity risk clause
  • 'Unprecedented' eight-year waterfront labour pact on Canada's West Coast
  • Matson posts Q1 loss due to 'precipitous' fuel price rise
  • Drewry and Cleartrade launch new freight rate benchmark
  • Transpac rates rise as annual contracts are inked

TradeWindsweb site
MAY 5, 2011
  • Etesco open for business
    Brazilian offshore operator distances itself from bankrupt owner of ageing drillship.
  • Petrobras picks Olympic
    Brazilian energy giant turns to Norwegian offshore owner for a pair of four-year charters with options.
  • CPLP plots next move
    Five crude carriers will be pulled from the spot market if shareholders green light consolidation of Marinakis empire, CEO says.
  • Citadel saves Cosco bulker
    Chinese ship caught up in 2009 Norwegian oil spill narrowly avoids hijacking in the Arabian Sea.
  • Marinakis stuns the Street
    Shares of Capital Product Partners plummet while Crude Carriers soars as investors digest merger plot and $98m bulker buy.
  • Seaspan back in black
    New York-listed containership owner returns to profit in first quarter as ship utilisation rises.
  • Marinakis' surprise merger
    Greek heavyweights Capital Product Partners and Crude Carriers Corp combine to create the eighth largest US-listed tanker owner in the world.
  • D'Amico in tanker swoop
    D'Amico unmasked as the buyer of a vessel from stricken compatriot.
  • Uljanik ready for hand-out
    Croatian shipowner to pay $6.6m to investors following big 2010 profit.
  • Insurance future lies with clubs
    Standard Club's John Reily says club structure well placed to fight any renewed P&I challenge from commercial underwriters.
  • D'Amico sinks further
    Rome-based owner sees earnings drop by over $1m during difficult start to the year.
  • Navios Acquisition in line
    No surprise on Wall Street as Angeliki Frangou-led tanker owner books a loss in the first quarter.
  • Horrible for Hornbeck
    US offshore vessel company plunges to loss as revenues drop in weak markets.
  • New box swap indices
    Drewry and Cleartrade Exchange unveil "global" index in effort to stimulate container derivatives trading.
  • Golden opening
    RS Platou Markets places a buy tag on John Fredriksen's Golden Ocean following recent share slump.
  • SBM revenue slips
    Dutch FPSO specialist blames turnkey services for 5% drop in turnover.
  • Insurance future lies with clubs
    Vasilis Bacolitas sees the P&I clubs as the organisations that will come to dominate the marine insurance market.
  • Evergreen ship hit
    Three rocket propelled grenades fired during attack on container vessel in the Arabian Sea leave their mark.

American Shipperweb site
MAY 5, 2011
  • DHL launches China/Russia rail service
    DHL Global Forwarding said it has launched daily continental rail service from China to Russia and the Commonwealth of Independent States with shorter transit times and lower cost than ocean and air transport. The service will consolidate shipments...
  • Emirates Shipping Line sets up Taiwan agency
    Emirates Shipping Line said Wednesday it is opening a representative agency office in Taiwan to support its operations linking the Far East with the Indian Subcontinent, Middle East and Africa. Emirates, a Hong Kong- and Dubai-based line, is partne...
  • MSC to raise India/East Africa rates
    Mediterranean Shipping Co. said this week it is raising rates on the trade from India to East Africa by $100 per TEU, effective May 16....
  • MSC hikes bunker fees on several trades
    Mediterranean Shipping Co. said this week it is raising bunker surcharges on a number of trades as of June 1. The new bunker recovery rates are: From Asia to Europe, $755 per TEU. From East Coast South America to North America, the Caribbean, W...
  • Rickmers upgrades India/Europe service
    Rickmers-Linie, a German-based liner specialist for project and heavy-lift cargo, said it is upgrading its Indian service with the addition of new vessels. It will also provide a direct service eastbound and westbound between Europe and India, alth...
  • Hapag-Lloyd splits NWX, Loop B services
    German container line Hapag-Lloyd said in a customer notice it is decoupling a long-line service between Europe, the Far East and Pacific Northwest. The line said this month it is changing its NWX/Loop B service into a pure transpacific service be...
  • UASC secures $140 million loan from Kuwaiti bank
    United Arab Shipping Co. said Wednesday it has garnered a $140 million senior term loan facility with Gulf Bank in Kuwait. "The proceeds from this transaction will be invested in UASC's growth and network expansion plans as a leading container shi...
  • Drewry, Cleartrade partner on container index
    Drewry Shipping Consultants has partnered with the Cleartrade Exchange to develop a weekly container index to be used by physical and derivative market participants to manage freight risk. "The index will report individual market prices on major e...
  • National Export Initiative
  • South Korea, Colombia, Panama
    White House rolls trade agreements forward The Obama administration will begin technical discussions Thursday morning with key congressional staff on the draft implementing bills and draft Statements of Administrative Action for the pending trade a...

The Bunker Bulletinweb site
MAY 5, 2011
  • Fujairah and Durban markets stable
    Deliveries were available for supply up to and including May 19 in Cape Town.
  • European markets fall
    Players says it's 'impossible' to get products in Rotterdam before Tuesday.
  • O.W. Bunker says fuel procurement 'perfect' for outsourcing
    Sales Development Manager tells Athens conference that outsourcing is a 'natural evolution'.
  • Oil majors a 'block' to the wider use of biofuels
    Leading player in the international transport sector says oil companies are green 'but only in their advertising.'
  • Danish ferry industry predicts 2015 closures
    Low sulphur requirements could lead to 50% increase in ticket prices, pushing large numbers of lorries onto Danish roads.
  • Fall in fuel oil stocks as arbitrage arrivals slow
    Singapore stocks expected to rebound in the weeks ahead.
  • Fuel oil futures contract falls to just two lots
    Singapore platform for 380 cSt fuel oil futures suffering from 'poor liquidity.'
  • Athens: 'Problems become opportunities'
    Bunkerworld conference looking for opportunities as markets seek relief from 'the perfect storm'.
  • Bunker prices fall in Asian markets
    No indications for Busan and Tokyo due to public holidays.
  • Vessel forecasting system saves up to 10% fuel
    System allows 'new dynamic approach to voyage planning,' says Amarcon.
  • Indian port to upgrade bunkering facilities
    To set up a new jetty for bunkering of vessels, says port authority.
  • K-Line returns to full-year profit
    But warns that rising bunkers may result in lower earnings in the current fiscal year.
  • Glencore exits Singapore's MPA accredited supplier list
    Staff from Glencore and MPA confirm move.

›››File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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