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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
August 9, 2011
The Business Timesweb site
Shipping News
  • Capesize rents could rise 15% in Q3: consultancy
    HIRE costs for capesize vessels that haul dry bulk commodities could see a 15 per cent rise within the quarter, said Maritime Strategies International Ltd, after rounding out the first weekly gain in a month.
  • Kuwait firm on new port
    KUWAIT has responded to threats by Iraqi militants by saying they will not deter the oil-rich emirate from completing the construction of a controversial megaport between the two nations.

Sched Netweb site
  • OOIL profit falls 86pc to US$236.59 million despite 6.9pc revenue increase
  • TT Club supports 5-liner database reporting container handling incidents
  • Seaspan charters last of five 4,500-TEU newbuildings to 'K' Line
  • Hebei ports increase throughput 16.7pc to 346 million tonnes in half year
  • Benin Navy drives off Nigerian pirates during ship-to-ship transfer operation
  • UASC uses UAE's Khor Fakkan, cuts direct India, Pakistan calls from AEC1
  • Union says it still plans to bid for bankrupt SeaFrance ferry company
  • INTTRA sets out to simplify dispute identification through eInvoices
  • CN to expand Kirk Yard, relocate Chicago repair shop near Gary, Indiana
  • Hong Kong airport initiates power savings planned to cut carbon emissions
  • TNT sets up just-in-time, just-enough fashion logistics hub in Hong Kong
  • Atlas Air quarterly profit falls 27pc, looks to receive new B747-8Fs

Exim Indiaweb site
  • Coast Guard does damage control as contingency plan is readied
  • Hanjin Shipping orders five 13,000-TEUers
  • NYK & Yusen Terminals receive 2011 Clean Air Action Plan Awards from Port of Los Angeles
  • Oneworld Shipping Services opens own office in Mumbai
  • Shanghai aims at world's No. 1 container port status in 2011
  • Sweden 24th nation to sign Rotterdam Rules
  • Tanker sector facing biggest glut in 29 years
  • Tata Steel arm floats new firm for tugging operations
  • TSA to impose unspecified peak season surcharge from August 15
  • EEPC India holds seminar on 'Doing Business with Canada'
  • IMU's KPT campus to have quota for wards of Port employees
  • Marg Karaikal Port launches container handling services
  • Truck rentals fall 3-4 pc in July
  • Govt mulling relook of area ceiling for SEZs
  • US downgrade bad news for exports: Fieo

International Transport Journalweb site
AUGUST 8, 2011
  • USD 40 million loan for Rift Valley Railways in Kenya
    The African Development Bank has approved a USD 40-million loan to finance the Rift Valley Railways (RVR) to significantly increase freight transport. The five-year USD 246-million...
  • UK road freight industry forced to find extra EUR 1.5 bn to fill its fuel tanks
    UK road freight operators have had to find an additional GBP 1.3 billion (about EUR 1.5 billion) over a 12-month period to cover the rising cost of fuel, figures from the Freight T...
  • Denmark: foreign lorries now require low-emission zone stickers
    As of 1 November 2011, foreign lorries and buses must display a low-emission zone sticker on their windscreen in Denmark before they may use the Danish low-emission zones. If it is...
  • Booming Finnair Cargo starts joint venture
    Releasing its half year results last Friday, Finnair showed strongly developing cargo demand (+23%) and growing cargo sales (+18%) compared with the same period last year. Nordic G...
  • Boeing, GECAS finalise order for 747-8 freighters and 777-300ERs
    Boeing and GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric, have finalised a firm order for two 747-8 freighters and eig...
  • Minority stake in Turkish ACT Airlines acquired by Chinese HNA Group
    HNA Group Company Limited (HNA) of China, an integrated operator in modern service industry, and Bravia Capital (Bravia) announced that they have entered into an agreement to acqui...
  • MOL and Höegh Autoliners create Euro Marine Logistics
    Mitsui O.S.K. Lines, Ltd. (Tokyo) and Höegh Autoliners AS (Oslo) have set up a 50/50 joint venture in Europe, integrating the existing European short sea and logistics activities o...
  • Port to prepare impact study on grain export facility
    The Port of Long Beach has begun preparing an environmental impact report on a proposal to build a grain export facility at Pier T on Terminal Island. The Port's "notice of prepara...
  • ALC welcomes Brian Kruger as new MD
    The Australian Logistics Council (ALC) recently welcomed the announcement by Toll's board that Brian Kruger will become the company's new managing director on 1 January 2012. "...
  • Hansa Heavy Lift plans to move to Hamburg
    In the course of its ongoing corporate development, Hansa Heavy Lift, one of the largest maritime shipping companies for heavylift and project transports, conducted a thorough asse...
  • Dachser with new local subsidiary in Singapore
    The German logistics services provider, Dachser, is continuing on its global expansion course and opening its own local subsidiary in Singapore. This makes the centre of finance an...
  • Turkish-Iranian border crossing Gürbülak to be upgraded for USD 3 million
    Under an agreement between the Turkish Ministry for Trade and Customs, which was newly established after the recent elections, and the Association of Turkish International Freight ...
  • JadeWeserPort finishes main quay construction
    80,000 cbm of concrete, 80,000 t of steel and 1 million stones for the dams were used to complete the main 1,725 m quay in the JadeWeserPort in Wilhelmshaven (Germany). Work is thu...
  • Samskip expands activities and invests
    Duisport will build the new intermodal terminal in Hohenbudberg for Samskip and its subsidiary Van Dieren. The investments for the 120,000 sqm bimodal terminal are EUR 20 mill...
  • Poste Italiane with lower profits
    A difficult economy and increased competition hit profits at Italy's state-owned postal operator Poste Italiane in the first half of 2011, but operating costs also fell. The compan...

Marine Logweb site
AUGUST 8, 2011
  • Newport News Shipbuilding delivers Virginia class sub ahead of schedule
  • Kirby exercises option for second AT/B from Signal International
  • Noble to mobilize semi from GoM to eastern Mediterranean
  • Interferry opens Brussels office
  • Wärtsilä RT-flex engines to power "Bangkok-max" containerships
  • BMT Nigel Gee to design all-electric ferry for China

World Wide Shipperweb site
AUGUST 8, 2011
  • Port of Tacoma taps Francis as new real estate manager
  • North Bend Coast Guardsman receives award for heroism
  • Port of Coos Bay sponsoring Charleston Seafood Festival
  • Corps' survey vessel joing Astoria celebration
  • Panama Canal Authority renews Port New Orleans alliance

Lloyd's Listweb site
AUGUST 8, 2011
  • Lack of buyers sends secondhand values tumbling 40%
    Secondhand values of 1,100 teu boxships appear to have fallen 40% in the last three months, with two vessels changing hands over the last week at levels around $6m, as a lack of buyers and weak charter rates put pressure on prices
  • BW Gas buys VLGC pair as spot rates rise
    BW Gas is understood to have bought two very large gas carriers after acquiring a further two last month, signalling its confidence in this improving market that has seen spot rates for VLGCs hit a three-year-high
  • VLGC freight rate rises to three-year high of $70/tonne
    Further rises anticipated on constant stream of Middle Eastern cargoes
  • Chittagong breakers can import scrap ships until October
    Court extension allows time to implement tougher labour and environmental safety rules in Bangladesh
  • Tidal wave of company failures remains unlikely
    Banks will do their best to avoid becoming shipowners and maritime law firms can help
  • State of play
    Shipping bankruptcies
  • Battle between Cosco and owners intensifies
    George Economou's Classic Maritime latest bulker operator to win security pending London arbitration
  • Dog days bare their teeth
    Orderbook excesses continue to haunt the shipping markets as demand remains flat
  • The causes of piracy still need to be addressed
    If the west had spent more money on development causes, we would not have half the piracy problems we face in Somalia and Afghanistan
  • MOL and Höegh Autoliners in European venture
    Euro Marine Logistics has ambitions to become one the top three car carriers in shortsea sector
  • Kiel Canal's decrepit locks raise questions over Hamburg feeders
    Competition with road haulage could suffer as construction of additional lock chamber in Kiel Canal is held back
  • Strike ends at Luka Koper
    Pay dispute resolved
  • Nautilus warns over training scheme
    SMarT scheme funding at risk
  • Saadé dispels doubts over CMA CGM's future
    No retirement plans for box line chairman and chief executive as plots the company's next moves
  • OceanSaver installs first high-capacity ballast system
    Höegh Autoliners car carrier will be valuable testing ground ahead of IMO changes
  • Scanjet Macro fits fuel tank measuring system to Hapag-Lloyd cruiseship
    Work on Hapag-Lloyd vessel Hanseatic requires complete upgrading of electronic communication system transmitting data
  • ShipNet launches YouTube channel
    First release is seven-minute video showing Voyage Estimator, part of chartering and operations product
  • Help us in surveying the pace of innovation
    Lloyd's List wants to know how you rate the shipping industry's innovation efforts
  • Omani announcement boosts Sohar joint venture
    All commercial import, export, general cargo and container activities will switch ports from Muscat
  • Interferry opens Brussels office to boost lobbying of EU
    Ferry industry's body seeks to strengthen its voice on maritime policy and regulations
  • ICS presses European Commission to keep shipping out of emissions trading
    Secretary-general Hinchliffe says CO2 'cannot be reduced effectively and meaningfully' through a regional financial instrument
  • Rotterdam and Antwerp consider swapping shares
    Changing structure of European petrochemical sector encourages greater co-operation
  • Political pitfalls
    Given the scale and dynamics of globalisation, European ports are going to have to become more closely integrated, but it also requires politicians' co-operation
  • Box lines' new economics
    Revenues are down despite a rise in volumes
  • Mitsubishi Heavy denies Hitachi merger talk
    MHI president quoted as saying discussions only concerned collaboration between, or integration of, specific business units
  • OOCL parent's profits fall to $175m
    Orient Overseas Container Line warns of overcapacity and uncertainty over potential US consumer demand at Thanksgiving and Christmas
  • China Shipping Group bond sale raises $620m
    State-owned parent of CSCL taps domestic market, but statement does not indicate how funds are to be used
  • Nordic American Tankers posts $10m loss in weak suezmax spot market
    Second-quarter slide compares with $7.9m profit in same period last year

Fairplayweb site
AUGUST 8, 2011
  • OOIL struggles in first half
    OOIL, PARENT of Orient Overseas Container Lines, announced today that net profits for the first half plummeted by 86%, as it predicted "disappointing" full-year results
  • Key copper strike settled
    WORKERS at the giant Escondida copper mine in northern Chile have voted to end a strike and accept a pay deal, IHS Global Insight reported today
  • US approves Lake Charles LNG exports
    THE US Department of Energy has approved Lake Charles LNG's export application, making it the second terminal project to receive the government's blessing
  • Sesa Goa buys Liberian stake
    INDIA'S Sesa Goa said today it is buying 51% of Liberian miner Western Cluster, which is developing iron ore mines and associated shipping infrastructure in the African country
  • CMA CGM plans $100M Kingston scheme
    FRENCH liner CMA CGM has agreed to invest $100M in the Jamaican port of Kingston over the next three years, IHS Global Insight reported today
  • NAT widens losses
    SUEZMAX spot player NAT reported higher losses than expected today and confirmed its increased emphasis on slow steaming
  • LPG tanker robbed off Indonesia
    ARMED attackers robbed an LPG tanker off Indonesia today, according to ReCAAP ISC
  • Why HHL is swapping Bremen for Hamburg
    NASCENT German breakbulk and heavy-lift carrier Hansa Heavy Lift is trying to make a fresh start with the move of its headquarters from Bremen to Hamburg
  • Cigarette smugglers caught in Greece
    A TRUCK driver was arrested over the weekend in Patras on suspicion of trying to smuggle more than 11,000 undeclared cigarette packets out of Greece, Greek coastguards said today
  • Drybulk rates remain sluggish
    WEAK ACTIVITY in the Northern Hemisphere summer is keeping drybulk rates low, according to Oslo investment bank Pareto Securities
  • VLCCs seen capping upside
    SPOT RATES for VLCC tankers are low but steady as this week opens because of ample supply of tonnage
  • Hyundai buys Oz iron ore
    SOUTH Korea's Hyundai Steel said today it has signed a deal to buy iron ore from Australian miner Fortescue
  • Mumbai struggles with spill
    INDIAN coastguards are today co-ordinating an oil spill clean-up at the entrance of Mumbai's harbour, after two officers from a sunken bulker were arrested

The Journal of Commerceweb site
AUGUST 8, 2011
  • Matson Profit Plunges 75 Percent
    Higher fuel costs and weak trans-Pacific results caused Matson Navigation's second quarter operating profit to fall 75 percent to $9.4...
  • Transportation Stocks Lead Market Dive
    Transportation stocks took a deep dive on Wall Street on Monday, riding a huge selloff in response to the downgrading...
  • Matson Ends One of Two China Services
    Matson Navigation ended one of its China services, citing overcapacity and declining freight rates in the trans-Pacific, as well as...
  • Rendell: "Super Committee" May Boost Transport Spending
    Former Pennsylvania Gov. Ed Rendell said Monday a congressional "super committee" appointed to find ways to cut the federal deficit...
  • Railcar Owners Idled 707 More Units in July
    North American owners of railcars parked 707 more of them in July, as many categories of freight rail traffic slowed...
  • Obama Urges Transport Spending, Tax Cut Extension
    President Obama renewed his call for Congress to quickly approve a new transportation infrastructure investment program next month, and extend...
  • CMA CGM Invests $100 Million in Kingston Hub
    CMA CGM will invest $100 million in a major container transshipment hub in Jamaica in exchange for a 35-year lease...
  • Third-Party Logistics Providers Expand in Inland China
    Third-party logistics companies continue to invest in warehousing and other supporting capacity in interior provinces of China, as manufacturers look...
  • FedEx Freight Hikes Rates 6.75 Percent
    FedEx Freight will raise its non-contract truck pricing 6.75 percent on Sept. 6, the nation's largest less-than-truckload motor carrier said...
  • Teamsters Ratify Four-Year Car-Haul Contract
    Car-hauling Teamsters approved a National Master Automobile Transporters Agreement that will raise their wages $1.35 per hour over four years....
  • Obama Finalizing Truck Fuel Efficiency Rules
    President Obama is set to unveil final rules Tuesday that for the first time set fuel efficiency and carbon emission...
  • MCC Begins China-Bangladesh Service
    MCC Transport, A.P. Moller-Maerski's intra-Asia shipping division, launched a 13-day transit service between China and Bangladesh. The Shanghai 1...
  • OOIL Sees 'Disappointing' 2011 Outlook
    Profit at the parent of Orient Overseas Container Line fell 39 percent in the first half of 2011 on falling...
  • Panama Locks Set for Maintenance Shutdowns
    Vessel traffic through the Panama Canal will be affected this month by maintenance and dredging. The east lane of...
  • Japan Extends Punitive Tariffs Against US
    Japan on Monday extended for a year punitive tariffs on ball bearings and tapered roller bearings imported from the United...
  • India Ports See Slight Container Uptick
    Container traffic at major ports in India grew a mere 2 percent from April through July compared with a year...
  • En Route to Profit
    Truckload carriers seem to be traveling a different route than the rest of the sputtering U.S. economy. Many reported higher...
  • Virginia's Clean Sweep
    The first half of 2011 hasn't been good for the Port of Virginia for reasons largely beyond its control. Although...
  • Fast Track to the Heartland?
    Geoffrey Giovanetti has a favorite East Coast port gateway for seaborne imports of wine and spirits destined for the Midwest,...
  • Calculated Savings
    Soon after Maersk Line CEO Eivind Kolding challenged ocean carriers to compete on the basis of sustainability in June, Danish...
  • Red on the Horizon
    Horizon Lines says it is making "significant progress" on a refinancing announced two months ago, but the financially struggling container...
  • United We Stand?
    Most U.S. ports implementing clean-trucks programs are attempting to foster compliance through subsidies to truckers and with public-private partnerships, but...
  • Clean Trucks Take a Toll
    Ports from Oakland, Calif., to New York are adopting clean-trucks programs that will require independent owner-operators who in many cases...
  • Shipping's Gold Coast
    Peter Tirschwell's July 18 commentary, "Season of the Switch," put a new twist on the East Coast vs. West Coast...
  • A Road Museum's Lessons
    Who'd have thought that a museum in Virginia's Shenandoah Valley would point to issues now flaring in Washington about the...
  • FMC's New Music Man
    Federal Maritime Commissioner Mario Cordero has a solution for the discordant state of Washington politics: music. "If we gather...
  • Quiet on the Coalition Front
    The Longshore Workers Coalition, the intra-union group that has criticized International Longshoremen's Association leadership, was relatively quiet during last month's...
  • A Family Man
    A two-month longshoremen's strike in 1977 left Harold Daggett so strapped he qualified for food stamps, but Daggett said he...
  • Change at the ILA
    As Harold Daggett basked in the applause of union delegates after his election as International Longshoremen's Association president, loudspeakers came...

Containerisation Internationalweb site
AUGUST 8, 2011
  • Liners in the eye of 'The Perfect Storm'
    As severe tropical storm Muifa batters the eastern shipping regions of China - the worst atmospheric disturbance for decades and a reminder of the vulnerability of merchant shipping to the elements - ocean carriers appear to be heading for a manmade storm of mega proportions in H2 2011
  • OOIL's H1 profit tumbles due to 'rate deterioration' on major trades
  • Markets start steady on ECB move - but volitility remains
  • 'Market conditions' prompts Turkon 4th ship cull
  • Mexican ports advanced strongly in first half period
  • Some good news from the US

TradeWindsweb site
AUGUST 8, 2011
  • Bodouroglou stays busy
    Michael Bodouroglou holds the helm as Box Ships declares debut dividend following profitable quarter while Paragon takes a hit on drop downs.
  • Downgrade rips Wall Street
    Shipping stocks slammed by double-digit declines as news of S&P's US debt rating rocks New York markets.
  • Greek scraps suezmax
    Callimanopulos group tanker wing torches 1992-built suezmax in $13.5m demolition deal, brokers say.
  • MTM tipped as buyer
    Brokers link MT Maritime Management to $21m chemical tanker transaction with Japanese giant.
  • PBA on the hunt
    Indonesian bulker owner transferred to state energy company PLN, which wants to renew fleet.
  • ASC strike ends
    American Steamship Co officers return to Great Lakes bulkers as AMO hammers out new labour contract.
  • Cosco hits new trough
    Global stock market struggles have dragged shares in China's largest quoted shipping company to a record low.
  • Rocky rates sting CH
    Singapore-listed offshore owner ready to pursue expansion despite drop in 2010 profit.
  • Cape hit a false alarm
    Fears a dozen pirate skiffs had targeted a German bulker have been dismissed as a misunderstanding.
  • CSSC rises again
    Chinese shipbuilder and engine maker posts 2.7% improvement in first-half profit.
  • Coscol inches up
    Chinese giant's listed heavy-lift arm pushes up first half profit a fraction.
  • Wartsila wins Wenchong deal
    Finnish company to supply eight engines for "Bangkok-max" feederships being built in China.
  • Woe won't burn BDI
    Negative economic headlines unlikely to have a strong influence on dry-cargo market, ICAP says.
  • Vinalines posts first loss
    Dire markets cover Vietnamese owner's first-half accounts in red ink for only time since it was founded 15 years ago.
  • Parental support for CSDC
    Hong Kong-listed owner secures loans worth more than $1bn from China Shipping.
  • Glitch blamed for crash
    Report finds faulty dynamic positioning kit led to SBS Typhoon hitting two other offshore ships at Aberdeen.
  • SSW surges against tide
    New York-listed boxship owner rises after Cantor Fitzgerald upgrade as other shipping stocks suffer.
  • SNCM ferry robbed
    Purser tied up with electric cable on France's Ile de Beaute in Marseille.
  • Shockwave strikes again
    Asian shipping stocks take another hammering after US credit rating chop.
  • Port worker crushed
    49-year-old killed after forklift hit by log from Chinese general cargoship at Manila.

American Shipperweb site
AUGUST 8, 2011
  • China warehousing expansions
    DHL expands China warehousing DHL plans to expand and upgrade its warehousing to take advantage of increased business in China's contract logistics market. Its Supply Chain division plans to add up to 200,000 square meters of facilities in China in...
  • OOCL profit slides, cites overcapacity
    Liner carrier OOCL and subsidiary OOCL Logistics netted a combined $161.8 million in operating profit in the first half of 2011, a 45.7 percent drop compared to the first half of 2010, parent company OOIL said in a financial statement Monday. Firs...
  • Ship owners support IMO
    The International Chamber of Shipping is applauding the International Maritime Organization's approach in reducing shipping's carbon dioxide emissions. ICS Secretary General Peter Hinchliffe said recently agreed amendments to Annex VI of IMO's MA...
  • MOL-CKYH drop Halifax on Vietnam/U.S. East Coast
    A service linking Southeast Asia with the East Coast of North America will undergo a rotation change at the end of August, according to an operator of the loop. Liner carrier MOL said last week its SVE loop, which it operates with the CKYH Alliance...
  • APL's transpacific services 94% on-time
    APL's transpacific services 94% on-time APL's transpacific services 94% on-time Singapore-based liner carrier APL said Friday in its mid-year report on 2011 vessel reliability that APL ships on westbound transpacific sailings missed their arrival ...
  • Asia/Europe loop drops Hakata calls
    A New World Alliance-Grand Alliance joint Asia/Europe loops will drop two calls in September, according to a note Friday from Grand Alliance member Hapag-Lloyd. The AEX/NW1 loop, operated with 10 Hyundai Merchant Marine vessels, will drop calls in ...
  • MCC revises calls on key intra-Asia loop
    MCC Transport, the intra-Asia subsidiary of the A.P. Moller - Maersk Group, has significantly altered the rotation of one of its key services in the trade, the line said Friday. From Aug. 12, MCC's IA-6 service will have a rotation of Yantian, Xiam...
  • TNT flies food aid for Somalia
    A TNT Express plane on Monday took off from Liege, Belgium, with 45 tons of emergency food aid bound for Nairobi, Kenya, to help the United Nations World Food Program (WFP) feed thousands of children in neighboring Somalia. The Boeing 767 transport...
  • CSX invests in Louisville intermodal terminal
    Class I railroad CSX last week said its Intermodal Terminals subsidiary is building a $15 million, 34-acre container transfer center in Louisville, Ky., that will be operational by early 2012. The Jacksonville, Fla.-based rail carrier said the Lou...
  • DHL expands China warehousing
    DHL plans to expand and upgrade its warehousing to take advantage of increased business in China's contract logistics market. Its Supply Chain division plans to add up to 200,000 square meters of facilities in China in the next two years, in addit...

The Bunker Bulletinweb site
AUGUST 8, 2011
  • Middle East markets firm
    Deliveries available for supply up to and including August 22 in Cape Town.
  • Losses continue in bunker markets
    Very few enquiries in Piraeus.
  • State shipping company records its first loss
    Vinalines point to high bunker prices and weak freight rates.
  • Ferry industry in bid to boost its EU/IMO input
    Interferry to open a Brussels office in a bid to strengthen industry's voice on maritime policy and regulations.
  • Back to bunkers
    Fritz J. Fredriksen returns to the bunker industry after a stint at WWF, joining DNVPS.
  • Bunker spill triggers ban on vessels over 25-years-old
    Gujarat Maritime Board 'stops older vessels entering port.'
  • ICS warns against rush 'at the cost of good legislation'
    Doubts that the UNFCCC or the EU can deliver sensible GHG regulations.
  • US Navy defends focus on alternative fuels
    Alternative fuels 'critically important' as hedge against risks of a single source of energy.
  • High court allows tanker's bunker fuel to be sold
    Purchase price agreed of $287 per metric tonne.
  • Bunker prices largely soft as week begins
    Avails of bunker fuel generally good at key Asian ports on Monday.
  • Asian feeder box vessels get electronically controlled engines
    Wärtsilä RT-flex60C engines chosen for Bangkok-max vessels.
  • Singapore-based supplier moves to new office
    Moves to new office effective August 8.
  • Tolson joins Noble Group
    To develop company's marine fuels business.
  • Sunken bulk carrier leaking oil off Mumbai coast
    MV Rak Carrier leaking oil at 1.5 to 2 tonnes per hour, says India's defence ministry.
  • OOIL posts higher revenues in H1
    Despite 'poor short-term outlook, the group remains in good financial health,' says chairman.

›››File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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