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04 October 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 August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Le Aziende informanoSponsored Article
ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
Cairo
In the first seven months of 2025, a decrease of -10.2% was recorded
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
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
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
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