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BRIEFS
August 10, 2011
The Business Timesweb site
Shipping News
  • Financial turmoil takes toll on Baltic index
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, softened on Monday as light business and the wider financial turmoil took their toll on the market.
  • Recession will speed up ship demolition
    A global recession would mean 10 per cent of the world's shipping fleet used to carry coal and iron ore would be demolished sooner, as Chinese demand for raw materials would be cut, Arctic Securities ASA said.
  • Benin added to list of high-risk marine areas
    London's marine insurance market has added Benin to a list of areas deemed high risk due to an escalation of pirate attacks in the area, a senior official said on Monday.
Strait Talk
  • Braemar upbeat about medium to long term
    ONCE more, we are in worrying times for the global economy. As this column is being written, stock markets have been hit heavily, following the turmoil of the previous week. World leaders are busy conferring on what needs to be done to steady nerves.
Shipping Times
  • Trucker YRC struggles to stay out of ditch
    YRC Worldwide Inc got a lifeline last month when the large US trucking company completed a restructuring that swapped debt for new equity, but it still has a long way to go.
  • China's Railways Ministry makes high-rate debt issue
    China's Railways Ministry, the nation's biggest corporate issuer, has sold its shortest maturity debt on record and paid the highest interest rate in almost four years after a high-speed train crash last month which left 40 people dead.

The Business Timesweb site
Shipping News
  • Financial turmoil takes toll on Baltic index
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, softened on Monday as light business and the wider financial turmoil took their toll on the market.
  • Recession will speed up ship demolition
    A global recession would mean 10 per cent of the world's shipping fleet used to carry coal and iron ore would be demolished sooner, as Chinese demand for raw materials would be cut, Arctic Securities ASA said.
  • Benin added to list of high-risk marine areas
    London's marine insurance market has added Benin to a list of areas deemed high risk due to an escalation of pirate attacks in the area, a senior official said on Monday.
Strait Talk
  • Braemar upbeat about medium to long term
    ONCE more, we are in worrying times for the global economy. As this column is being written, stock markets have been hit heavily, following the turmoil of the previous week. World leaders are busy conferring on what needs to be done to steady nerves.
Shipping Times
  • Trucker YRC struggles to stay out of ditch
    YRC Worldwide Inc got a lifeline last month when the large US trucking company completed a restructuring that swapped debt for new equity, but it still has a long way to go.
  • China's Railways Ministry makes high-rate debt issue
    China's Railways Ministry, the nation's biggest corporate issuer, has sold its shortest maturity debt on record and paid the highest interest rate in almost four years after a high-speed train crash last month which left 40 people dead.

The Business Timesweb site
Shipping News
  • Financial turmoil takes toll on Baltic index
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, softened on Monday as light business and the wider financial turmoil took their toll on the market.
  • Recession will speed up ship demolition
    A global recession would mean 10 per cent of the world's shipping fleet used to carry coal and iron ore would be demolished sooner, as Chinese demand for raw materials would be cut, Arctic Securities ASA said.
  • Benin added to list of high-risk marine areas
    London's marine insurance market has added Benin to a list of areas deemed high risk due to an escalation of pirate attacks in the area, a senior official said on Monday.
Strait Talk
  • Braemar upbeat about medium to long term
    ONCE more, we are in worrying times for the global economy. As this column is being written, stock markets have been hit heavily, following the turmoil of the previous week. World leaders are busy conferring on what needs to be done to steady nerves.
Shipping Times
  • Trucker YRC struggles to stay out of ditch
    YRC Worldwide Inc got a lifeline last month when the large US trucking company completed a restructuring that swapped debt for new equity, but it still has a long way to go.
  • China's Railways Ministry makes high-rate debt issue
    China's Railways Ministry, the nation's biggest corporate issuer, has sold its shortest maturity debt on record and paid the highest interest rate in almost four years after a high-speed train crash last month which left 40 people dead.

Sched Netweb site
  • Maersk intra-Asia specialist MCC to start Shanghai-Chittagong loop
  • Hyundai Merchant Marine loses US$70 million in second quarter
  • AAUS group teams up with Maersk to upgrade peak season Australia loop
  • Savannah takes market share as box volumes rise 11pc to 2.9 million TEU
  • Prince Rupert container volumes rise 33pc in July, exports nearly double
  • Port of Qinzhou's half-year box volume increases 47.7pc to 161,000 TEU
  • Ningxia's rail transport volume up 1.7pc in first half
  • CKYH to cut Halifax call from Far East- US eastern seaboard rotation
  • Vancouver restricts trucks to major roads and highways to cut pollution
  • MTA appointed exclusive Vanguard Logistics Services agent in Poland
  • Nigerian ports laden containers up 26.6pc to 380,114 TEU in first half
  • Famous Pacific Shipping goes for gold in Olympic train trials
  • Asia Pacific slack pulls down Air France-KLM air cargo volumes in July
  • Air forwarders to benefit from ICAO-FIATA dangerous goods training
  • Cross-strait mail, package volumes increase 5.2pc in first half of 2011

Exim Indiaweb site
  • 'Vessel rents unlikely to improve' after Baltic Index fall
  • MALA 2011 set to enthral on September 30 (Friday)
  • Sar Transport Systems looking at next level of service & growth
  • Duty-free entry for textiles, spices into Japan
  • V.O.Chidambaranar Port handles record throughput till date
  • Emirates SkyCargo first airline to use Envirotainer
  • Delhi-Mumbai industrial corridor to be cleared this week
  • Economy heading for worst growth in 3 years
  • Hike non-Basmati export price to $500/t, Thomas urges Pranab
  • India, Japan ratings could be cut: S&P
  • Just 13 pc of India's forex reserves in US treasury
  • Sluggish global growth to impact exports: Survey
  • US downgrade pushes to 6-week low

International Transport Journalweb site
AUGUST 9, 2011
  • Mercedes-Benz celebrates Turkish truck plant anniversary
    The Mercedes-Benz plant in Aksaray (Turkey) began production in 1986 and has manufactured 140,000 trucks to date. Mercedes-Benz Trucks has a 38% share in the Turkish market and Tur...
  • BLS Cargo to rely on TRAXX AC locomotive with last-mile diesel
    In 2014 the Swiss private cargo rail operator BLS Cargo will become the first company in the world to use commercially three TRAXX AC locomotives with last-mile diesel, leased from...
  • Russian Railways continues investment in north Caucasus main lines
    In the first half of 2011 Russian Railways invested more than RUB 2 billion (EUR 50 million) in implementing the complex reconstruction of the Maxim Gorky-Kotelnikovo-Tikhoretskaya...
  • Pommier shuts down production in Florstadt (Germany)
    The French utility vehicles manufacturer Groupe Pommier is set to close its production site in Florstadt (Hesse/Germany) for commercial reasons by the end of the year. The facility...
  • Airports "thrilled" with announcement to end FAA shutdown
    After airport projects across this nation have been delayed or postponed, and for some the construction season has been lost, Airports Council International-North America (ACI-NA),...
  • Tufan Khalaji new InterRail Logistics sales manager
    Tufan Khalaji took charge of sales management for the Frankfurt-based German company InterRail Logistics today. In close cooperation with the sales teams at InterRail's locations i...
  • Logwin's 40th anniversary as Iata agent
    The global logistics service provider Logwin, based in Grevenmacher (Luxembourg), has been an official Iata agent for 40 years. The International Air Transport Association (Iata) a...
  • SAS named world's most punctual major airline
    Scandinavian Airlines (SAS) was named the world's most punctual airline in July, with 91.48% of all of its flights arriving on time. For the past three years SAS has been Europe's ...
  • Terry Groff new Vanguard vice-president
    Vanguard Logistics Services recently appointed Terry Groff to the position of vice-president and general counsel, legal administration. In her new role, Groff will have worldwide r...
  • MSC Antwerp: complex IT systems for smooth process at terminal
    MSC is relying on Visual Network Systems to monitor and ensure logistics and shipments for its container terminal in Antwerp. Visual Network Systems (VNS) specialises in the monito...
  • Rhinecontainer expands fleet
    Rhinecontainer's fleet was expanded by an additional pushing unit on 5 August the "MS Privilege", a 320 teu vessel which will serve Frankfurt, Mainz, Andernach and Bonn from an...
  • P&O Ferrymasters signs cooperation agreement with Sovtransavto
    The pan-European supply chain specialist P&O Ferrymasters is poised for growth in Russia and the CIS after reaching a cooperation agreement with Moscow-based Sovtransavto, a ma...
  • Kerry Logistics expands Chongqing logistics centre
    Kerry Logistics has broken ground on the expansion of its Chongqing logistics centre just months after completing the first phase. Phase 2 construction, which is scheduled for comp...
  • Bibby Distribution acquires Atchison Topeka in UK
    The UK-based logistics company Bibby Distribution has enhanced its service portfolio with the purchase of Atchison Topeka, a specialist logistics provider for the food manufacturin...

Marine Logweb site
AUGUST 9, 2011
  • Genesis completes acquisition of FMT black oil barge business
  • Shipowners will have to scramble to meet new PRC pollution regs
  • Costa Romantica to get $128 million renovation in Genoa shipyard
  • Matson discontinues CLX2 China-Long Beach Express
  • Donjon Marine adds 2,400 bhp tug to fleet
  • British buyer for Blohm + Voss civilian operations?
  • Fincantieri delivers first megayacht
  • Concordia Maritime upgrades P-MAX tankers to IMO III
  • Jurong Shipyard delivers harsh environment jack-up

World Wide Shipperweb site
AUGUST 9, 2011
  • Matson plans shut down of China - Long Beach service
  • Trucking association pleased with new fuel standards for trucking industry
  • NYK company inks time charter for transport of crude oil
  • Sea-Tac Airport project changing travel routes
  • OOCL releases half-year numbers

Lloyd's Listweb site
AUGUST 9, 2011
  • Panamax rates hit lowest level since May
    'Pretty grim' Atlantic market sees Baltic fronthaul route slide to $2,152 per day
  • Aframaxes boosted by lower bunker prices in Med
    Cross-Mediterranean earnings turn positive for the first time this month
  • BDI sinks to three-month low of 1,257
    Negative sentiment prevails in the dry bulk markets
  • Who has staying power?
    In vicious bear markets, resilience is king
  • Gloom descends on London brokers
    Weak chartering markets make it harder for brokers to cover their costs
  • Bunker prices boost tanker brokers' earnings
    While many people in the shipping industry will be frustrated every time the oil price rises, tanker brokers may be breathing a sigh of relief
  • High Court gives knock-for-knock a nudge in the right direction
    Decision strongly suggests that exclusion and limitation clauses do apply to liability incurred as a result of deliberate breach of contract
  • Industry events to bring liability and piracy into clearer focus
    Countdown to IUMI and HMIS annual conferences
  • Ocean Tankers sees four vessels arrested with more likely to follow
    Cyprus owner suffering major cashflow problems, says Lloyd's List Intelligence
  • Box line punctuality improves
    Percentage of ships arriving on time at selected ports rising to 56% in the second quarter of 2011
  • Matson to axe transpacific service
    Loop to be withdrawn as peak season fails to materialise
  • CSD draws intercompany loan to stave off tighter lending conditions
    Major China dry bulk and tanker operator predicts more stringent credit environment
  • Alpahliner allays box shortage fears
    No repeat of last year's peak season shortages
  • Essar bullish on newbuilding deliveries
    Indian owner says it has good relationships both within India and abroad with which to draw from
  • Cosco could face further ship arrests
    Owners will keep arresting ships until they have enough security for claims
  • Seanergy eyes further growth
    Handysize presence and larger fleet cited for Restis-linked company's profit
  • Wilh. Wilhelmsen banks on fleet flexibility
    Group has placed itself to introduce either a rapid increase or decrease in capacity depending on economic circumstance
  • Grimaldi halts Tunis calls
    Delays to new service force suspension
  • No excuse
    Warnings about box shortages will now appear to shippers to be little more than scaremongering
  • Divided we fall
    No one in shipping wants to see the European Commission making a unilateral imposition of market-based measures to cut carbon dioxide emissions
  • ICTSI posts half year revenues up 29%
    Consolidated box volumes rise 24% to approach 2.5m teu
  • MCC Transport to connect Shanghai with Chittagong
    Service to be launched next month will offer 13-day transit from China to Bangladesh via Tanjung Pelepas
  • TBS International running out of cash
    Fresh funds must be found by September 30 as pact with lenders fails to stave off threat of collapse
  • Boxship sale and bulker writedown hits Paragon result
    Dry-bulk company rejigs loan and time charters
  • Knutsen NYK seals first deal as Repsol agrees five-year time charter
    Suezmax vessel being built by Hyundai Heavy Industries will service shuttle tanker contract starting in fourth quarter of 2012
  • Globus doubles earnings on bigger fleet
    Expanding company ekes out higher profit despite falling charter rates
  • Paragon-linked container spin-off Box Ships makes profitable start
    Debut quarterly dividend of $0.15 per share paid out as company looks to add to fleet
  • Marco Polo and lending banks head for cash collateral showdown
    Wider implication of New York court hearing is struggling companies' potential use of Chapter 11 to forestall aggressive banks

Fairplayweb site
AUGUST 9, 2011
  • Ship sales hit Paragon
    NYSE-listed Paragon Shipping was dragged into the red in 2Q11 by losses on vessel sales, the company has reported
  • Royal Caribbean accused
    CRUISE giant Royal Caribbean and executives including chairman Richard Fain have been targeted by two lawsuits alleging securities fraud
  • Seanergy sees rate relief
    NASDAQ-listed Seanergy today reported slim profits and predicted that sporadic drybulk rate spikes lie ahead
  • Bangladesh breakers win
    BREAKERS in Bangladesh have reportedly won a court delay allowing them to operate until at least 12 October
  • Iran gets $1.4Bn from India to pay for crude
    IRAN HAS received €1Bn ($1.4Bn) in back payments from India for oil supplies, IHS World Markets Energy reported today
  • Liners improve punctuality
    SCHEDULE integrity has improved for global box lines, despite mounting operating losses for many carriers because of the rate slump, a survey from Drewry showed today
  • KG fund raising hits low
    FINANCING options for German shipowners remain extremely limited after KG ship equity dropped again in the second quarter
  • COSCO Shipping reports 6.6% profits
    COSCO Shipping said today first-half net profits were up 6.6% over the first six months of last year, but operating profits fell 2.6%
  • Concordia converts two P-Max tankers
    SWEDEN'S Concordia Maritime has upgraded two P-Max tankers to allow them to carry vegetable oil, the company said today
  • CSSC's profits shrink
    SHANGHAI-listed China CSSC Holdings said today net profits for the first half of this year dropped slightly from that period of 2010
  • Wilhelmsen pulls profits reversal
    NORWAY's Wilh Wilhelmsen reported today that it swung to profits in the second quarter as revenues rose on the back of higher freight volumes
  • Korean box ports surge
    SOUTH Korea said today its box ports grew 13.2% in July year on year
  • TBS admits capital shortfall
    NASDAQ-listed TBS International has confirmed that it has hired Lazard Freres to advise on "liquidity requirements" as its debt squeeze worsens
  • Shipping shares plunge
    US-LISTED shipping stocks have suffered double-digit losses amid a market-wide selloff - but none fell more steeply than General Maritime

The Journal of Commerceweb site
AUGUST 9, 2011
  • Midwest Railcar Adds 2,400 Cars
    Midwest Railcar announced plans to expand its fleet by 2,400 cars, both new and used, by the end of 2012....
  • Fed Pledges Two Years of Low Interest Rates
    The Federal Reserve announcement Tuesday that it will seek to keep interest rates very low for at least the next...
  • Port Tracker Expects Stronger Peak Season
    Imports at top U.S. container ports will lag last summer's totals before posting year-over-year gains when the peak season for...
  • Vacancies Decline at Port-Area Warehouses
    Vacancy rates for warehouses and distribution centers near U.S. seaports declined to 8.5 percent this year, compared with 9.7 percent...
  • Trac Expands Chassis Damage Waivers
    Trac Intermodal said it will expand its new damage-waiver program for leased chassis to New York-New Jersey and Baltimore on...
  • Intermodal Traffic Grows 6.5 Percent
    North American rail hauls of intermodal containers and trailers rose 6.5 percent in the second quarter from a year earlier,...
  • Textainer Doubles Profit, Halts Dry Container Orders
    Textainer Group more than doubled its net profit to $51.7 million in the second quarter, up 106 percent year-to-year, but...
  • Europe Air Freight Falls 0.6 Percent
    Freight traffic for European airlines fell 0.6 percent in May as weaker demand in Asia gave the carriers their first...
  • Industry Groups, Activists Hail Truck Fuel Standards
    Trucking industry groups and environmental activists are hailing new heavy truck fuel efficiency standards that could cut oil use 530...
  • Baltimore Moves up US Port Rankings
    The Port of Baltimore moved up the rankings of U.S. ports in 2010 in terms of the dollar value and...
  • Obama Unveils Heavy Truck Fuel Economy Rules
    President Obama on Tuesday introduced fuel efficiency standards for heavy trucks projected to save truck operators $50 billion from 2014...
  • Trucking Capacity Index Climbs 8.8 Percent
    A key measure of truckload capacity rose 8.8 percent last week, climbing for the second straight week after five weeks...
  • BNSF Boosts 2011 Capital Spending by $300 Million
    BNSF Railway is increasing its capital spending budget for 2011 by $300 million to $3.8 billion, as it repairs and...
  • US Container Exports Slowed in Second Quarter
    The growth of U.S. containerized exports slowed in the second quarter as overseas demand for pet and animal feeds tumbled,...
  • Sunteck Transport Parent Raises Profit 24 Percent
    AutoInfo, the parent of non-asset trucking and logistics firm Sunteck Transport, increased its net profit 24.3 percent in the second...
  • BNSF Profit Rises 14.4 Percent to $690 Million
    BNSF Railway's profit rose 14.4 percent in the second quarter from a year earlier to $690 million, as traffic grew...
  • Alphaliner Sees No Container Shortages
    The container shortages that exacerbated the shortage of vessel capacity last year will not be a problem during this year's...
  • Second Major Indian Port Attracts Congestion Fees
    Hapag-Lloyd said Tuesday it will apply "port congestion surcharges" on all containerized cargo moving to and from Chennai, the second...
  • Ocean Carriers Improve Schedule Reliability
    Container lines are improving their vessels on-time arrival rates at ports, according to the latest measure of container service reliability...
  • Decline of Japanese Food Exports Slows
    Japan's exports of agricultural, fishery and forestry products fell for the third straight month in June on a year-to-year basis,...
  • ICTSI Profit Jumps 42 Percent
    Global port operator International Container Terminal Services' profit jumped 42 percent in the first six months of this year to...

Containerisation Internationalweb site
AUGUST 9, 2011
  • Maersk upgrades 'S' class vessels
  • PortJam and CMA CGM sign concession for KCT
  • Investors flee in droves
  • Matson cuts transpac loop after USD18 million loss
  • ICTSI prospering

TradeWindsweb site
AUGUST 9, 2011
  • Wall Street 'window'
    Shares of Seaspan, Teekay and Navios are the best way to play double-digit declines in rattled US market, analyst says.
  • Profit shrinks at BLT
    Indonesian chemical tanker specialist looking to take a bigger bite of local market despite narrowed first-quarter gain.
  • Seadrill scores
    John Fredriksen-controlled drilling contractor gets ready to relocate rigs to Arabian Gulf after penning a deal with KJO.
  • NOCC firms demo deal
    Norwegian Car Carriers rakes in $3.6m from the sale of 1979-built ro-ro following expiration of CMA CGM charter.
  • Marco fights for fuel
    Antonio Zacchello-backed tanker syndicate asks bankruptcy court for access to emergency cash in a race to stay afloat.
  • Costa's major makeover
    Costa Romantica is to undergo a $128m remodelling.
  • Lotus lands tankers
    Moscow River Shipping splashes cash on river-sea vessels at domestic shipyard.
  • Seanergy in breach
    Dale Ploughman prepares for expansion while US-listed bulker owner fights to maintain compliance with cash covenants.
  • ITF urges BMW action
    Transport unions demonstrate against sacked BMW workers in California.
  • Maersk top in reliability
    Danish container line takes top honours with APL and CSAV in second and third
  • Cosco warns again
    Chinese giant's Hong Kong bulker and boxship arm will swing into the red in the first half, from $535m profit in 2010.
  • B+V sale close
    German group ThyssenKrupp could offload merchant shipbuilding part of yard to European investor.
  • Kirby declares option
    US owner goes for second $47m tug/barge combo at Signal International yard in Alabama.
  • Matson Line Hawaii trade increase
    Shipowner's core business to the US improves but long-haul disappoints.

American Shipperweb site
AUGUST 9, 2011
  • NVOs expand
    CaroTrans partners with Mideast NVOCaroTrans International, a Union, N.J.-based non-vessel-operating common carrier, has formed an alliance with Consolidated Shipping Services Group (CSS Group), a fast-growing NVO based in Dubai, United Arab Emirat...
  • Heavy cargo business stays aloft
  • Wilh. Wilhelmsen profit drops as costs rise
    The auto and roll-on/roll-off specialist carrier and logistics group Wilh. Wilhelmsen said Tuesday its first half operating profit rose 4.9 percent to $129 million, despite second quarter profit falling 9.7 percent to $71.4 million. First half reve...
  • Guards beat back multiboat pirate attack
    An armed security team aboard a commercial bulk carrier was able to beat back a concerted attack by Somali pirates who attempted to swarm the vessel from all sides, according to the International Maritime Bureau's Piracy Reporting Center. The inci...
  • Donjon Marine wins Navy salvage contract
    Hillside, N.J.-based Donjon Marine Co. has been awarded a $41 million contract for marine salvage, salvage-related towing, harbor clearance, ocean engineering and point-to-point towing services to support the U.S. Navy's Supervisor of Salvage and D...
  • WFS buys Excel Cargo Montreal operations
    Worldwide Flight Services said it has become the largest cargo handler in Montreal, Canada, by purchasing the assets of Excel Cargo at Montreal's Dorval and Mirabel airports. The combined operation of both airports, including the existing WFS opera...
  • Old Dominion starts drayage in Baltimore
    Old Dominion Freight Line has opened a container drayage site to serve all ports and container yards in the Baltimore area. The new site, the third new container drayage facility Old Dominion has opened this year, will offer pickup and delivery to ...
  • Great Lakes coal trade falls 25% in July
    Coal shipments on the Great Lakes totaled 3.1 million tons in July, an increase of 58,000 tons over June, but down about 25 percent compared to a year ago and the month's five-year average. Major coal loading ports on the Great Lakes are: Superior,...
  • Saf-Holland opens doors in Mideast, Africa
    Saf-Holland S.A., a Luxembourg-based supplier to the truck and trailer industry, has started a Dubai-based subsidiary to focus on the Middle East and North and Central Africa markets. Marc Rauchmann, who previously worked for the Saf-Holland afterm...
  • Arrest made for illegal U.S. exports to Iran
    Federal agents in New Jersey on Saturday evening arrested the former manager of a Dutch freight forwarder for allegedly conspiring with others to export controlled exports of plane parts, peroxide and other materials to Iran. Ulrich Davis, 50, of ...

The Bunker Bulletinweb site
AUGUST 9, 2011
  • O.W. Bunker Copenhagen relocates
    New office in the heart of Copenhagen's shipping community.
  • Fujairah prices fall
    MGO prices unavailable in Durban.
  • New IMO chief will focus on shipping's GHG emissions
    Other priority will be antipiracy measures.
  • Bunker markets fall further
    "This is a unique situation, this tumble, nobody knows when it will stop," a supplier reported.
  • Book review: Legal Issues in Bunkering
    Rudiments of maritime law addressed in 'light, simple and amusing style'.
  • UK shipping rejects EU carbon measures
    Says regional emissions trading scheme is not suitable as it is 'not a global system.'
  • Low sulphur premium shrinking
    Spread between low and high sulphur material halves in Rotterdam bunker market.
  • 'Hard to pinpoint' impact of 0.50% sulphur limit on Singapore market
    IFO sales in 2025 could range from 22 to 135 million mt, depending on how many vessels use scrubbers, says consulting company.
  • Bunker prices continue downtrend
    Demand for bunker fuel at key Asian ports below average on Tuesday.
  • TBS reports heavier losses in Q2
    Company in discussions with lenders about liquidity requirements.
  • Tanker company in cost efficiency drive in weak market
    Nordic American Tankers posts $10 million in unaudited net income for Q2 2011.
  • Authorities start siphoning bunker oil from sunken vessel
    Vessel owner Trans-Asia Shipping Lines plans to refloat sunken ship.
  • Pakistan-based bunker supplier expands trading team
    Muhammad Arif Hanif and Cristy Ortiz-Malik join Zak Bunkers.

›››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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