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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
01:10 GMT+2
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BRIEFS
May 10, 2011
The Business Timesweb site
Shipping News
  • Maersk expects counter-piracy costs to double
    AP Moeller- Maersk A/S, owner of the world's largest container line, predicts its costs for avoiding pirates off the coast of Somalia will double this year after attacks rose to a record in the first quarter.
  • Baltic dry index rises for sixth session on China demand
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, rose on Friday with fresh Chinese coal buying boosting sentiment.
  • OOIL orders 4 ships from Samsung
    Orient Overseas (International) Ltd (OOIL) said yesterday that it has ordered four new container ships from Korean shipbuilder Samsung Heavy Industries for a total of US$544 million.
  • LNG shipments in April highest this year

Sched Netweb site
  • CSCL, UASC to swap 500 slots weekly on two Asia-Europe services
  • PIL adds Australia, New Zealand to China transpacific loop
  • Hapag-Lloyd to end long-run NWX to make north west transpac loop
  • Pirates foiled in attack on 3,428-TEU Evergreen boxship off India
  • Quake-grounded 'K' Line bulker refloated and towed after cargo discharge
  • Panalpina first quarter profit up 14pc to US$424 million
  • Textainer first quarter profit up 39pc to US$45.5 million on 31pc more sales
  • St Petersburg NCC first quarter volume up 4.7pc to 369,376 TEU
  • Cathay, other defendants, to contest 'NZ market' definition in Auckland court
  • Air China Singapore to form marketing alliance with ICBC
  • Rising costs cut Atlas Air Worldwide's US$10.5 million first quarter profit

Exim Indiaweb site
  • CMA CGM launches Shaka Express service between Asia, Indian Ocean Islands & South Africa
  • DB Schenker Logistics creates 600 new jobs in Leipzig to handle BMW order
  • Drewry & Cleartrade launch container rate index
  • EMIRATES SHIPPING LINE announces new agency
  • Maersk's Seago Line to focus on intra-Europe trades
  • The Rotterdam Rules explained further
  • Kandla Port to boost capacity to 125 mtpa in 3 years
  • MPSEZ net rises 41 pc last fiscal, whopping 74 pc in Q4
  • Notice for nationwide dock strike withdrawn
  • Forex reserves jump $ 3.8 bn to touch $ 313.5 bn
  • Karnataka asks SC for more time to restart ore exports

International Transport Journalweb site
MAY 9, 2011
  • CMA CGM to launch a new service
    The French shipping group CMA CGM launched the Shaka Express, a new weekly service linking Asia, Indian Ocean Islands and South Africa, on 8 May. The sailing, which deploys six 4.5...
  • Europorte orders twelve Euro 4000 locomotives from Vossloh Espa'a
    The rolling stock manufacturer Vossloh Espa'a has closed a deal with the operator Europorte which will result in an order for twelve Euro 4000 locomotives that will be used to tran...
  • Alaska Railroad reports stronger-than-anticipated revenues for 2010
    The Alaska Railroad Corporation (ARRC) has reported stronger-than-anticipated revenues for 2010, with USD 13.4 million net income on total revenues of USD 167.1 million. One key to...
  • Union Pacific Railroad investing nearly USD 4 million for track improvements
    The US-based rail service provider Union Pacific Railroad will continue improving the state of Wyoming's transportation infrastructure with a nearly USD 4 million investment to enh...
  • 440 HP Volvo FH - most popular truck in Brazil
    The 440 HP Volvo FH 6x2 is the best-selling heavy commercial vehicle in Brazil. Volvo do Brasil sold approximately 6,500 vehicles of this type last year, 66% more than in 2009, and...
  • Georgia building longest runway in the Caucasus region
    The airport with the longest runway in the entire Caucasus region is currently being built near the Black Sea port of Poti. This fact was pointed out by the Georgian p...
  • USA and Saudi Arabia initial open skies agreement
    The USA and the Kingdom of Saudi Arabia initialled an open skies agreement on 18 April. The pact, which will be applied on the basis of comity and reciprocity pending its entry int...
  • Uruguay and UAE attain open skies
    Dinacia, the directorate general of Civil Aviation of Uruguay, and the United Arab Emirates have signed an open skies air services agreement. Under the agreement, any number of des...
  • A8 Innkreis motorway road works - help available for foreign truck drivers
    From tomorrow (10 May) hold-ups may occur on the A8 Innkreis motorway in Upper Austria due to major road works. Foreign truck drivers will be able to obtain A8 traffic news...
  • New Zealand: Fonterra invests in tanker fleet upgrade
    New Zealand-based Fonterra has announced it will spend USD 27 million to make its 480-strong tanker fleet safer, greener and easier to handle. The biggest change will be the purcha...
  • New lobbyist for Kombiverkehr
    Wolfgang Hahn, a former department head at the German ministry of transport, is to represent the interests of the intermodal service provider Kombiverkehr, based in Frankfurt. Hahn...
  • PIL enhances service to Australia and New Zealand
    Pacific International Lines (PIL) is expanding its China Transpacific Service string to include ports in Australia and New Zealand on the westbound leg. The weekly service will dep...
  • Call for changes to SOLAS to suppress piracy at sea
    The prominent UK and US maritime lawyer and maritime author Dr John A.C. Cartner is calling on the International Maritime Organization (IMO) to enact changes to the Safety at Life ...
  • Dachser investing in southern Germany
    The global logistics service provider Dachser is reinforcing its presence in the Heilbronn-Franken region (Germany) by building a new 51,500 sqm branch office in Öhringen. The EUR ...
  • FedEx Trade Networks opens new office in Le Havre
    FedEx Trade Networks, the forwarding subsidiary of the US CEP and logistics corporation FedEx Corp, recently phased in a new branch office in the port city of Le Havre (France).
  • DHL wants to open four oil and energy centres across Africa
    The logistics service provider DHL, part of the Deutsche Post DHL, plans to launch four oil and energy centres of excellence across Africa over the next twelve months. The centres ...
  • The ITJ team and "Heidi J" awaiting you in Munich
    The ITJ and its editorial and sales staff would like to accord you a warm welcome to the transport logistic trade fair, the world's largest exhibition for transport and logistics w...

Marine Logweb site
MAY 9, 2011
  • Grand Princess back in service after shedding Skywalkers
  • Norwegian bank looks for "ownership solution" for two seismic vessels
  • Braemar swoops on BMTMOS

World Wide Shipperweb site
MAY 9, 2011
  • Port of Olympia looking for Citizens Advisory Committee member
  • Port of Long Beach director to receive West Coast Connie Award
  • Corps of Engineers releases Columbia/Snake lockage schedule
  • Piracy battle high on agenda of IMO safety committee meeting
  • Braemar Shipping buying BMT Marine and Offshore Surveys

Lloyd's Listweb site
MAY 9, 2011
  • VLGC rates below $50 as crude drops
    Middle East-to-Asia LPG routes hit by Asian national holidays and lower crude prices
  • Ten seals long-term charters for suezmax pair
    Tanker owner Tsakos Energy Navigationhas clinched 11- and 12-year charters for its two forthcoming suezmax newbuildings from Sungdong Shipbuilding & Marine Engineering
  • Product tankers keep auction houses busy
    Japan's Eagle Maritime has sold the long range one product tanker Eagle Hope for $38m at auction, marking the latest in a line of product tankers to go under the auctioneer's hammer in recent weeks
  • Spate of supramax purchases as freight rates improve
    China's Wah Kwong Shipping Agency Co is thought to have sold the supramax dry bulk carrier Shanghai Venture for $26m to Norway's Spar Shipping
  • Bangladesh breakers gain two-month extension
    Shipyards in Chittagong now have until July to stock up on vessels
  • General Maritime out of the woods
    Tanker operator completes refinancing, allowing Oaktree 'bailout' to go ahead
  • Boskalis secures $125m Nigeria contracts
    Land reclamation linked to Prodeco International's development work on new terminals at Onne
  • TEN seals long-term charters for suezmax pair
    Deal fixed at $23,000 daily plus profit-sharing arrangements
  • Training camps signal pirates' ability to adapt to challenges
    Gangs' tactics are evolving in the face of countermeasures by shipowners and navies
  • P&O Ferries accuses SeaFrance of benefiting from state backing
    British ferry operator lodges complaint with European Commission over rival's ability to undercut prices
  • An ounce of prevention
    In a recent case, a judge broke precedent by considering a shipbuilding dispute under mainstream English construction law
  • Vale in name protest against China load ruling
    Brazilian mining giant dubs VLOC fleet Valemaxes
  • Great Eastern revenues and profits both fall
    Company blames muted demand, unwinding of floating storage and supply of new vessels
  • Vale's VLOCs have 'killed' capesize market
    Commodities giant's shipping strategy has depressed global capesize freight rates until 2014, claim dry bulk shipowners
  • Braemar shipbroking profits up on increased revenues
    Reports 'robust' results for financial year
  • Waving goodbye
    The UK Revenue's tinkering with tonnage tax could drive shipowners to desert the flag
  • Newlead retreats from bond offering plan
    Nasdaq-listed owner says alternative financing will be sought but newbuildings unaffected
  • Build versus bombast
    It is laudable that the port authority of New York has the foresight to keep investing in the future trade on which it will rely
  • Mundra cargo volumes rise 30%
    Company on track to become India's top privately-owned port, says chairman
  • ClassNK builds cloud-based archive
    Japanese class society has teamed up with IBM to develop world's first archive centre for new IMO goal-based standards
  • Nordic American makes investment case despite $7m loss
    Strong balance sheet an advantage for suezmax spot market specialist
  • Call for new military force to provide onboard guards
    London Greek body urges governments to take more robust action to quell 'unacceptable' situation
  • Sembcorp Marine sees brighter outlook for offshore
    Jurong yard makes headway on cost controls and scores modest profit gain
  • Latvian tanker arrested after suspected pollution incident
    French spotter plane observes 4km trail of oil emanating from Kaltene of the coast of Brittany
  • Australia-China capesize rates squeezed by excess tonnage
    Earnings restricted in a narrow band as owners see gloomy outlook on overcapacity
  • Teekay orders $636m FPSO at Samsung Heavy
    Contract win is latest in a flurry of deals for offshore vessels
  • Inmarsat sees flat maritime revenues
    Record increase in FleetBroadband terminal activations offset by migration to its own cheaper services.

Fairplayweb site
MAY 9, 2011
  • Cars, boxes fuel German port surge
    GERMANY has reported strong year-on-year Q1 throughput growth at most of its North Sea ports
  • Southeast Asia solution seen for LNG glut
    SOUTHEAST Asia could absorb the current LNG supply overhang as the region seeks to exploit a flexible export market, an Amsterdam conference has heard
  • KG equity shortage warned
    GERMAN shipowners continue to suffer from a lack of equity for new investments, a study showed today
  • FMC still mulling over slow steaming
    LOWRY Crook, chief of staff at the Federal Maritime Commission, told Fairplay today the panel remains months away from issuing slow-steaming guidance
  • NewLead scuttles bond plan
    NASDAQ-listed NewLead Holdings has backed out of its plan to raise $120M in the Norwegian bond market
  • Black Sea drug surge seen
    EUROPOL has warned that proximity to the Black Sea has been a key factor in southeastern Europe becoming the fastest-growing hub for drug trafficking to the EU
  • Braemar acquires BMT
    BRAEMAR Shipping Services, which announced a profits rise for the last fiscal year, told Fairplay today that it expects a key acquisition to broaden its business range
  • SpareBank buys seismic vessels
    ARTEMIS Shipping, a subsidiary of Norway's SpareBank 1 SR-Bank, today said it has bought two seismic vessels from troubled Bergen Oilfield Services
  • Liberia, EU tighten timber export rules
    LIBERIA and the EU are expected today to sign an accord aimed at ending export shipments of illegally sourced wood, IHS Global Insight reported
  • Fred Olsen Production reduces losses
    NORWAY'S Fred Olsen Production today reported net losses of $765,000 for the first quarter, but the results marked an improvement from losses of $2.93M a year earlier
  • EU tests customs programme
    A PILOT programme has begun to test procedures aimed at reducing red tape for ships moving between EU countries, the European Maritime Safety Agency has announced
  • Saudi shipments rise
    SAUDI Arabia shipped 4.7Bn riyals ($1.3 billion) of petrochemicals in March, from 3.6Bn riyals in that month of last year, according to its department of statistics
  • Spanish yard to repay Viking Line
    VIKING Line said today Spain's Astillero de Sevilla yard has been ordered by a UK court to repay €44

The Journal of Commerceweb site
MAY 9, 2011
  • Bulk Railcar Traffic Dropped in April
    April loadings of bulk commodities and other cargoes aboard large freight cars declined in April for major U.S. railroads, which...
  • Idled Railcars Reach Two-Year Low
    North American railcars owners reduced their number of idled or stored units by 7,421 in April to 276,228, the lowest...
  • Consumer Debt Grows $6 Billion in March
    Consumers are gradually becoming more willing to borrow and banks more willing to lend, the Federal Reserve Bank of New...
  • Key Pollution Levels Decline at Port of Los Angeles
    Data from four air-quality monitoring stations in and around the Port of Los Angeles show concentrations of elemental carbon, a...
  • Long Beach's Steinke Tapped for Connie Award
    The Containerization and Intermodal Institute will give its latest Connie Award for accomplishments in the shipping industry to Richard D. Steinke,...
  • DOT Seeks to Extend HOS Comment Period
    The Federal Motor Carrier Safety Administration wants to extend the deadline for its truck driver hours-of-service rule as it seeks...
  • Drewry Air Price Index Hits Five-Month High
    The Drewry Air Freight Price Index pushed back up to its highest level in five months in March despite slipping...
  • DOT Distributes $2 Billion In Rail Grants
    Transportation Secretary Ray LaHood, unveiling a shift in strategy for allocating federal rail spending, sent $2 billion on Monday to...
  • Drewry: Vessel Call Reliability Down to 51 Percent
    Container service reliability declined for the second quarter in a row during the first quarter of 2011, according to Drewry...
  • Air China Cargo Adds Chengdu Stop
    Air China Cargo is adding Chengdu to its Asia-Europe freighter service as the carrier looks to raise the Western China...
  • FedEx Express Building Singapore Regional Hub
    FedEx Express is building a Southeast Asia hub operation in Singapore that will become the carrier's second-largest facility in Asia...
  • Air France-KLM Cargo Increases 11 Percent
    Cargo traffic at Air France-KLM grew 11 percent in April and capacity jumped 15.6 percent from last year, when fallout from...
  • What Price Stability?
    The main goal for many U.S. importers entering negotiations this spring with carriers in eastbound trans-Pacific lanes was to prevent...
  • BNSF Profit Up 20 Percent in First Quarter
    BNSF Railway posted a $607 million profit for the first quarter, up 20 percent from the same period in 2010...
  • Chinese Ship Rescued After Pirate Attack
    The Indian Navy and Coast Guard Thursday rescued a Chinese merchant ship that had been attacked by Somali pirates in...
  • OOCL Increases Asia-Europe Rates
    Orient Overseas Container Line is raising rates on Asia-Europe trade lanes as part of what it calls a new "rate...
  • CEVA Profit Jumps 36 Percent
    CEVA Logistics reported its profit expansion accelerated in the first quarter, with the $102 million earnings growing 36.5 percent year-over-year...
  • Dairy Producers: End Trucking Dispute
    The International Dairy Foods Association supports the Obama administration's proposed cross-border trucking agreement between the United States and Mexico. ...
  • OWL Helps US Apple Growers Export Fruit to India
    Ocean World Lines, a subsidiary of Pacer International, says it has a new program to help U.S. apple growers increase...
  • Chiquita Adds PrimeLINE Reefer Units
    Within the last year, Cincinnati-based Chiquita added 4,700 PrimeLINE units equipped with the QUEST power-saving mode to the 1,250 previously...
  • Maersk Raises Fees, Cites Reefer Shortage
    Maersk Line in April imposed general rate increases and reefer charges on several trades in reaction to what it says...
  • UASC Targets Reefer Market With New Ships
    United Arab Shipping received its first 13,500-TEU vessel, part of an order of nine so-called A13 vessels from South Korean...
  • Cold Chain Group Signs Energy Partnership
    The Global Cold Chain Alliance has signed a service partnership agreement with Cascade Energy. Energy usage is among the...
  • Air Cargo Carriers Voice Screening Concerns
    Neel Shah, head of International Air Cargo Association's security committee, is raising warnings about the impending 100 percent screening deadline...
  • USDA Cautioned on Importer Definition
    The National Customs Brokers and Forwarders Association of America is cautioning the U.S. Food and Drug Administration to use care...
  • Delivering Savings
    Drug and health care companies are being told that how you distribute products can be a billion-dollar decision. Distributors...
  • Cold Train Is Red Hot
    Amid much hoopla and celebration last April, a handful of 53-foot refrigerated containers left the Port of Quincy, Wash., on...
  • In a Disaster, Relief Is on the Way
    When disasters such as the earthquake and tsunami in Japan strike, there is an immediate need for food, medicine and...
  • In a Search for Food, Japan Turns to US
    In the first two months of 2011, Japanese consumers markedly increased their purchases of U.S. foods, spending 81 percent more...
  • Wanted: Truckers
    When intermodal giant Hub Group acquired Exel Transportation this spring, its top executive said Exel's refrigerated intermodal business was what...
  • Lucrative Food Stores
    The $6 billion refrigerated warehouse industry in the U.S. is expected to grow an average of 2.8 percent annually until...
  • California's new Gold Rush
    In the heady export days of 2007, more than a million metric tons of bagged rice was exported through Northern...
  • Reefer Renaissance
    These days, companies involved in the cold chain are the cool kids on the playground ' everybody wants to be...
  • Looking Forward
    Most everyone in trade and transportation has a connection to the World Trade Center, if only because it's named after...
  • Bulking Up - and Down
    China's demand for bulk commodities has determined the fundamental trend of the dry bulk shipping market. It's therefore necessary to...
  • Economy, With a Plan
    The latest International Monetary Fund forecasts predict China's economy may surpass that of the United States in real terms by...
  • Shanghai's Next Step
    Among the many major developments at the Port of Shanghai since the site became the world's largest container port last...
  • Avoiding Trouble In a C-TPAT validation
    Members of the Customs-Trade Partnership Against Terrorism beware: Validation or revalidation requirements have changed significantly since you were initially...
  • Trinity's Supplier Business Rebounds
    Trinity Industries is getting a needed boost from improving rail business, but the improvement in the transport equipment manufacturer's financial...
  • NS, CN Bullish on 2011 Prospects
    Charles W. Moorman, chairman, president and CEO of eastern-U.S. carrier Norfolk Southern Railway, was already looking ahead when he reported...
  • Yes, Virginia, There Is A Freight Strategy
    Virginia is moving ahead with an intermodal freight strategy even as the federal government in large part is still talking...
  • Yield Signs Brighten
    Slow growth, or even declining revenue, isn't necessarily a bad thing ' if it comes with higher earnings. Transportation companies...
  • YRC Almost Fully Diluted
    YRC Worldwide may have cleared perhaps the largest obstacle to its survival by securing an accord on a restructuring plan...
  • A Bridge Too Far?
    Rep. John Mica, R-Fla., chairman of the House Transportation and Infrastructure Committee, asks transportation interests to "stick with me" on...
  • Carriers' Financial Squeeze
    Japan's three largest ocean carriers expect lower profits this year because of higher fuel prices, uncertain bulk and car carrier...
  • Horizon Lines Timeline
    2003 ' Horizon Lines formed as separate company when CSX sells its subsidiary to The Carlyle Group. September...
  • Challenges Seen on Horizon
    Embattled Horizon Lines says it is facing a "challenging" year for its operations even after dodging a debt default and...
  • Double-Stacked on Paper
    It's a strange anomaly that in this environmentally conscious, time-is-critical age when most trade processing is handled by computer, vessel...
  • STB's Nudge to Regulate
    If the Surface Transportation Board is inclined to impose new competition and shipper access rules on U.S. railroads, the Obama...
  • Truck Pricing Steps Up
    When it comes to rates, there's an ocean of difference between global shipping lines and North American domestic carriers. ...

Containerisation Internationalweb site
MAY 9, 2011
  • 'Our word our bond'
    That is the motto of the Institute of Chartered Shipbrokers (ICS) which marks its centenary this year with a Gala Dinner at the National Maritime Museum, Greenwich, London, later in May. It is a standard that has served its 3,500 membership from 24 international branches well; but it is a moral discipline that is often seen lacking in the liner shipping industry
  • Tropical posts Q1 loss on back of volumes dip
  • US/China talks begin
  • Mombasa's second box terminal on schedule
  • Bunker price volatility a headache for carriers
  • Gulftainer heads into Brazil

TradeWindsweb site
MAY 9, 2011
  • Diana targets box duo
    Diana Containerships plots $172m stock offering after entering talks to buy a pair of 3,500-teu boxships.
  • AOD hit by force majeure
    Asia Offshore Drilling added to growing list of owners threatened by delivery delays at Keppel FELS in Singapore.
  • Sembcorp emerges ahead
    Singapore-listed shipbuilding group hopes profit will follow increased E&P spending fuelled by firming pump price.
  • Farstad fixes five
    Oslo-listed offshore owner nets five contracts worth nearly $76m in Australia and the North Sea.
  • Genmar wraps up rescue
    Shares of General Maritime Corp inch ahead as Wall Street weighs impact of restructured loan and $200m equity injection.
  • Marsh mellow on slump
    London-listed shipbroker can improve earnings despite the fact tanker and bulk recovery is some way off, says CEO Alan Marsh.
  • NATS pays despite loss
    Herbjorn Hansson-led tanker owner adds five cents to first quarter dividend and sets stage for growth despite three-month deficit.
  • Strong start for STX OSV
    Singapore-listed shipbuilder sees its bottom line climb by over a quarter in the first three months of 2011.
  • Top to tap investors
    Evangelos Pistiolis-led shipowner sets up $115m equity issue in its first post-crash fundraiser.
  • Yang Ming edges up
    Investments keep Taiwanese container line ahead in first quarter, but operating costs jump.
  • Guards save Syrian bulker
    Samin Shipping vessel survives attack from pirates in the Arabian Sea thanks to on board security team.
  • Sterling work from JF
    Shipping tycoon more than doubles his fortune to secure place among the top 10 richest people in the UK, Sunday Times says.
  • TEN goes long again
    Greek owner confirms 11 and 12-year charters of suezmax newbuildings to Asian major.
  • Immigrants arrive in style
    Chinese nationals held in New York after travelling as guests on luxurious Queen Mary 2.
  • Rickmers ship diverts
    Container vessel heads to Bermuda after chief engineer suffers eye injury.
  • Bank takes BOS duo
    SpareBank's Artemis Shipping buys seismic vessels due to Bergen owner's stretched financial situation.
  • Namura more positive
    Japanese yard hikes annual profit forecast, but remains well behind last year's gain.
  • Braemar in distressed buy
    London-listed broker pays nearly $4m for BMT Marine in a deal which puts it on the surveying and engineering map.
  • Braemar results 'robust'
    Alan Marsh-led shipbroker boosts its dividend for an eighth successive year as profit sneaks up.

American Shipperweb site
MAY 9, 2011
  • Clay directs Weber's Inland Empire West
    Weber Logistics, a Santa Fe Springs, Calif.-based third-party logistics firm, has hired Robert Clay as director of its Inland Empire West operations. In this position, Clay will be responsible for Weber's Inland Empire facilities, which comprises t...
  • Air China Cargo begins business
    Air China Cargo, a joint venture between Hong Kong's Cathay Pacific and Air China Ltd. based in Shanghai, commenced operation on Friday. The company said it will soon have a fleet of 12 747-400 freighters. Air China has a 51 percent interest in the...
  • Japan sets guidelines for radiation measurements
    The American Bureau of Shipping said Japan has set guidelines for radiation measurements and what it is calling "attestations" for export containers and ships in Japanese ports. The guidelines are available on the Web site of Japan's Ministry of L...
  • Maersk launches intra-Europe line
    Maersk Line's intra-Europe specialist carrier is to begin operations this month, according to a report last week by maritime consultancyAlphaliner.Maersk and sister line Safmarine are rolling their intra-Europe services under a new brand, called Se...
  • Report: Overcapacity chokes China coastal shipping
    China's state media reports its coastal and inland shipping companies are suffering losses due to overcapacity and high fuel prices. A report on thePeople's DailyWeb site from the wire serviceXinhuaquoted Xu Zuyuan as saying 30 percent of China'...
  • Textainer reports fleet utilization tops 98%
    Container-leasing company Textainer said it had first quarter net profit of $42.8 million compared to $27.1 million in the same 2010 period. Revenue was $91.2 million for the quarter compared to $69.6 million in the same 2010 period. Textainer sai...
  • Lessons learned

The Bunker Bulletinweb site
MAY 9, 2011
  • Fujairah prices rise
    In Durban and Cape Town deliveries available up to and including May 23.
  • US Navy official sets out rules for biofuel production
    The Navy won't use fuel that has been made at the expense of food crops.
  • Rotterdam market firms, mixed elsewhere
    Products reported to be 'very tight' in Rotterdam.
  • Abatement and energy efficiency present opportunities for owners
    Industry consultant predicts 'rapid increase' in use of scrubbers, while energy efficiency measures impact overall marine fuel demand.
  • Refinery should be designed to meet bunker specs
    Backers of new Fujairah refinery should 'be aware' that fuel oil specification is 'heading towards a low sulphur level'.
  • 'Noxious smells' trigger new attack on bunker plans
    Gibraltar could face future of 'more pollution not less' says environmental group.
  • Nominees announced for 'clean' and 'next generation' ship awards
    Four ships up for environmental award at Nor-Shipping 2011, while 'Next Generation Ship Award' nominees feature efficiency gains and LNG fuel systems.
  • Week opens with rebound in bunker prices
    Demand mixed at key Asian bunkering hubs on Monday.
  • Australia issues update on application of the Bunkers Convention
    Includes updated information on the application of Bunkers Convention to oil tankers.
  • Transbunker subsidary secures VAT refund
    Use of VAT refund guarantee to encourage exports, says VTB Bank.
  • Hull paint manufacturer developing 'transparent' monitoring tool
    Jotun Marine working with DNV on a benchmarking tool for measuring hull efficiency.
  • Lubes firm offers green solutions for ships
    There are two areas where one can 'be really green, not just painted green,' said Tiger Oil Marine CEO.

›››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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