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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
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Assarmatori asks for support for Italian seafarers employed on short-haul routes and for the renewal of ferry fleets
Rome
Messina: State Aid regime needs to be redesigned for European shipyards
In the first four months of 2025, maritime container traffic between Asia and Europe grew by +4.8%
Tokyo
-6.4% drop in shipments to Asian ports. +9.0% increase in unloading volumes in Europe
The impact on Italy of a possible closure of the maritime route through the Strait of Hormuz would be significant
Rome
The merchant fleet for energy products controlled by the Italian shipping industry interested in these traffics amounts to approximately 80 units.
Cargo traffic in China's seaports grew by +3.7% last month
Cargo traffic in China's seaports grew by +3.7% last month
Beijing
Containers amounted to 26.7 million TEU (+6.1%)
In 2024, 576 containers were lost at sea out of over 250 million transported by ships
Washington
About 200 have fallen from container ships in the Cape of Good Hope region
FMC questions deal exempting World Shipping Council companies from US antitrust rules
Washington
Meanwhile, Sola, appointed by Trump on January 20 to the presidency of the federal agency, is leaving his post today.
The European maritime-port sector nitpicks the reform of the Community customs rules
Brussels
Note from CLECAT, ECASBA, European Shipowners, ESPO, Feport and WSC
EU Council agrees on reform of the Union Customs Code
Brussels
CLECAT is concerned about the persistence of the concept of "Single Liable Person" in the text
In the first three months of 2025, freight traffic in the port of Civitavecchia grew by +2.4%
Civitavecchia
Increase of +9.9% in Gaeta and decrease of -17.1% in Fiumicino
Le Aziende informanoSponsored Article
Accelleron consolida le partnership con Somas e Geislinger per sostenere l'efficienza e la sostenibilità del settore marittimo
Japanese shipbuilding company Imabari Shipbuilding acquires control of fellow Japanese JMU
Imabari/Tokyo
Ownership share increased from 30% to 60%
WTO: New tariffs have given a boost to trade that is unlikely to last
Geneva
Recovery driven by importers who brought forward purchases in view of expected tariff increases
Terminal Investments Limited of the MSC Group acquires 50% of the capital of Barcelona Europe South Terminal
Barcelona
The transaction was authorized by the Port Authority of Barcelona
There are no implementing decrees for the SalvaMare law and Italian citizens are paying for the management of fished waste that is not carried out
Rome
The Marevivo Foundation and the Federation of the Sea report it
In five and a half years, 1,244 tons of drugs have been seized in EU ports
In five and a half years, 1,244 tons of drugs have been seized in EU ports
Lisbon
The largest quantities pass through ports in Belgium, Spain, Holland, Italy and Germany
The International Convention on Ship Recycling will enter into force tomorrow
Copenhagen
BIMCO urges EU to include Indian shipyards in EU list of ship recycling facilities
Assologistica presents the "Cruscotto" project to ensure transparency and legality in the logistics sector
Milan
Ruggerone: it is an infrastructure of trust between clients and operators
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Federagenti, cruises cannot and must not become the target of an indiscriminate hate campaign
Rome
A "Pact for the Sea" proposed with solutions to tackle overtourism for which passenger ships are not to blame
New step forward for the construction of the underground freight transport system in Switzerland
New step forward for the construction of the underground freight transport system in Switzerland
Bern
Cargo sous terrain plans to build a 500-kilometer system by mid-century
Carnival posts record earnings for March-May period
Carnival posts record earnings for March-May period
Miami
The number of cruise passengers embarked also peaked this quarter
Federlogistica, it is reckless to activate railway construction sites without a concerted plan
Genoa
Falteri: Isolating the port of Genoa from the railway network for three weeks means putting the whole of Northern Italy in difficulty
Multipurpose terminals privatized in eight Saudi ports
Multipurpose terminals privatized in eight Saudi ports
Riyadh
Four will be operated by Saudi Global Ports and four by Red Sea Gateway Terminal
Public debate launched on the project for Pier VIII in the port of Trieste
Public debate launched on the project for Pier VIII in the port of Trieste
Trieste
A total investment of 315.8 million euros is expected
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
South Korea's HD Hyundai partners with US Edison Chouest Offshore to build containerships in US
Seoul
The possibility of building other types of ships and constructing port cranes is foreseen
Rixi: with the Omnibus decree, Phase B of the new Genoa breakwater is guaranteed
Rome
Expenditure of 50 million euros authorised for 2026 and 92.8 million for 2027
Israel-Iran conflict prompts Maersk to suspend calls at Haifa port
Copenhagen
Those at the port of Ashdod will continue instead.
Northern European Nations Commitment to Counter Russian Shadow Fleet
Warsaw
If the vessels do not fly a valid flag in the Baltic Sea and the North Sea - they specify - we will take appropriate measures in compliance with international law.
Freight traffic in French ports stable in the first quarter of 2025
Freight traffic in French ports stable in the first quarter of 2025
The Defense
Containers and liquid bulk on the rise. Increase in unloading loads and decrease in loading loads
Cognolato (Assiterminal): Today more than ever we need a coherent port policy
Rome
All the critical issues highlighted in recent years still remain open - he highlighted.
Alessandro Pitto confirmed as president of Fedespedi
Milan
The Board of Directors, the Board of Arbiters and the Board of Auditors have been renewed
A protest action by Greek seafarers is heated, with the PENEN and PNO unions launching very serious accusations, including mutual ones
Piraeus
The strike, declared illegal by the courts, blocks some ships of the Attica group in the port of Patras
Saipem awarded contract for a phosphate mining project in Algeria that includes the upgrading of the port of Annaba
Milan
The construction of railway lines is also planned
Suez Canal celebrates return of large-capacity containership transits
Suez Canal celebrates return of large-capacity containership transits
Ismailia
Today it was crossed by the vessel "CMA CGM Osiris" which can carry 15,536 teu
IMO, ILO, ICS and ITF urge protection of seafarers' rights against unjust criminalisation
London
The "Guidelines on the Fair Treatment of Seafarers Detained in Relation to Alleged Offences" were adopted in April
Trump's new tariffs also hit container traffic at the Port of Long Beach
Long Beach
In the first five months of 2025, an increase of +17.2% was recorded
Transfer of the port of Carrara from the Ligurian to the Tuscan AdSP not without a discussion with the operators
Milan
Dario Perioli, FHP, Grendi and Tarros ask for it
Up to $768 billion in investments needed to adapt world ports to rising sea levels
New York
Port of Los Angeles Feels Impact of New Tariffs on Container Traffic
Los Angeles
A decrease of -4.8% was recorded in May
Assagenti proposes a task force to solve port, logistics and industrial problems
Genoa
A "problem solver" consultative body composed, in addition to the categories of the maritime cluster, of the manufacturing industries of the North-West quadrant
Cargo traffic at the port of Singapore fell by -4.6% in May
Singapore
New crane overturned for delivery in new Tuas port area
In the first quarter of 2025, freight traffic on the Swiss rail network fell by -6.4%
Neuchatel
Service performance at 2.35 billion tonne-km, down -8.2%
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
ANGOPI fears that new measures to ensure maritime continuity will penalise mooring services
Ischia
Power: it is necessary to remove them from a perverse mechanism
Dutch HES International to operate bulk terminal in Marseille-Fos port
Marseille
The concession contract will have a minimum duration of 30 years
Ibiza government opposes Trasmed's overnight stay on board ferry program
Ibiza/Valencia
It is considered a "clandestine hotel", while the company defines it as a cruise service
Bruno Pisano appointed extraordinary commissioner of the AdSP of the Eastern Ligurian Sea
Rome
He will take up his post next Monday
Federlogistica proposes a comparison between operators on the congestion fee while waiting for a solution from the government
Genoa
In the first five months of 2025, container traffic in the port of Gioia Tauro grew by +10.3%
Joy Taurus
1,813,071 TEUs were handled
Trasportounito, truck waiting times in ports must be paid
Genoa
Tagnochetti: The Port Fee aims to redistribute the costs of all disruptions more equitably
Commissioners of the AdSPs of the Northern Tyrrhenian, Ionian and Western Liguria appointed
Rome/Genoa
Trade unions concerned about the future of Genoa Port Terminal workers
Political instability and green transition are the main problems that shipping faces
London
This is highlighted in the "ICS Maritime Barometer Report 2024-2025"
The new container terminal of the port of Termini Imerese presented
Palermo
Transfer of traffic handled by Portitalia to the port of Palermo
GCMD survey confirms shipping's commitment to decarbonisation
Singapore
Ports concerned about lack of certainty about demand from shipping companies
The EU Commission has re-identified Port Said East and Tanger Med as neighbouring container transhipment ports
Brussels
Road haulage extends congestion fee application to Livorno port
Livorno/Rome/Milan/Genoa
Fedespedi, they do not solve the problems, but have the only effect of increasing costs
The new Border Control Post has been inaugurated in the port of Livorno
Leghorn
The structure cost 15 million euros
In April, ship transits through the Suez Canal decreased by -7.7%
In April, ship transits through the Suez Canal decreased by -7.7%
Cairo
In the first four months of 2025, the decline in maritime traffic was -14.9%
Port of Genoa, green light for extension of concession to Spinelli until September 30
Genoa
Ok also to the extension to the Campostano group
The National Maritime Fund has started the recognition of scholarships
Genoa
They are granted for basic training and security familiarization courses.
RFI and MIT sign the update to the program contract for approximately 2.1 billion
Rome
Around 500 million euros expected for the management of the railway network
San Giorgio del Porto delivers a vessel for the bunkering of liquefied natural gas
Genoa
It was built for Genova Trasporti Marittimi
Pisano (AdSP Liguria Orientale): the ports of La Spezia and Carrara have integrated almost perfectly
La Spezia/Bari
Extraordinary Commissioner of the Southern Adriatic Sea Port Authority appointed
Raffaele Latrofa appointed president of the AdSP of the Central-Northern Tyrrhenian Sea
Rome
He is the deputy mayor of Pisa
India's Mazagon Dock Shipbuilders Acquires Control of Sri Lanka's Colombo Dockyard
Mumbai
Investment of approximately 53 million dollars
The Commissioner of the Western Ligurian Sea Port Authority has been granted the powers and prerogatives of the Management Committee
Genoa
The measure pending the restoration of the ordinary top management bodies
The Three-Year Operational Plan 2025-2027 of the Central Adriatic Port Authority has been approved
Ancona
Favorable opinion of the Sea Resource Partnership Body
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
It will deal with the physical transformations of the container and the digitalization of processes
Andrea Ormesani is the new president of Assosped Venezia
Venice
The board of directors has been renewed. Paolo Salvaro remains general secretary
Witte (ISU): In 2024, the ship salvage sector stabilized from the low of two years ago
London
Finnish Elomatic to Install Tunnel Thrusters on 11 Carnival Cruise Ships
Turku
The works will begin next autumn and will end in 2028
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
Fincantieri has delivered the new cruise ship Viking Vesta to the American Viking
Trieste/Los Angeles
It was built in the Ancona shipyard
The Genoa Coast Guard has placed the container ship PL Germany under administrative detention
Genoa
Italian Navy orders two new Multipurpose Combat Ships from Fincantieri
Trieste
The order to the shipbuilding company is worth 700 million euros
MSC Group to manage cruise services in the ports of Bari and Brindisi
Bari
Ten-year concession with possibility of extension
German Kombiverkehr Returns to Profit in 2024
Frankfurt am Main
The level of revenues remained unchanged at 434.6 million euros.
Deltamarin to design the six new ro-pax vessels ordered by Grimaldi for the Mediterranean routes
Turku
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
The practice of subcontracting in European logistics is creating a parallel labour market where rights are not enforced
Brussels
"Sorry, We Subcontracted You" Report Presented
Tomorrow Grendi will launch the group's fourth ship on routes to and from Sardinia
Milan
"Grendi Star", with a load capacity of 2,800 linear meters, will connect Marina di Carrara and Cagliari
FREMM frigates operational support contract signed between Orizzonte Sistemi Navali and OCCAR
Taranto
The agreement has a total value of approximately 764 million euros
Call to reform the entire driver training system in the transport sector
Rome
Seven proposals presented
In the port of Gioia Tauro, the Guardia di Finanza soldiers seized 228 kilos of cocaine
Reggio Calabria
Two dockers arrested
Port of Livorno, new observatory to find solutions to the problem of port congestion
Leghorn
Marilli: We will seek solutions to reach the possible revocation of the port fee
Lockton PL Ferrari closed the last fiscal year with gross revenues of 34 million dollars
Genoa
Insurance premium volume rose to 350 million
Polish Trans Polonia Group acquires Dutch Nijman/Zeetank Holding
Tczew
It specializes in the transportation and logistics of liquid and gaseous products
d'Amico Tankers Sells Two 2011-Built Tankers for $36.2 Million
Luxembourg
They will be delivered to buyers by the end of July and on December 21st.
The Italian Merchant Marine Academy plans 13 new free courses
Genoa
Over 300 positions available
A delegation of Wista Italy visits the ports of Catania and Augusta
Catania/August
The association is made up of women who hold positions of responsibility in the maritime, logistics and trade sectors.
In the first five months of 2025, the port of Algeciras handled 1.9 million containers (-6.3%)
Algeciras
Empty containers decreased by -5.5% and full ones by -6.4%
Reway Group enters the port railway infrastructure maintenance sector
Licciana Nardi
Two contracts awarded by the AdSP of the Eastern Ligurian Sea
Delcomar and Ensamar take over maritime services with the smaller Sardinian islands
Cagliari
The tender for the six-year concession of the connections has been awarded
Port of Trieste, the newly appointed Gurrieri torpedoes the newly appointed Torbianelli
Trieste
Russo (Pd): it's a squalid power game
Singapore's SeaLead expands its maritime shipping offering to connect Turkey and Italy
Singapore
Route connected to services transiting the Suez Canal
The US Container Security Initiative program has been extended to Morocco
Rabat
Amrani: Let's consolidate Tanger Med's role as a safe and world-class maritime hub
Very positive first quarter for Greek Euroseas
Athens
Pittas: the positive momentum continued in the second quarter
Assonat and SACE present a plan for Italian tourist ports
Rome
Kuehne+Nagel has opened a new branch in Naples
Milan
The aim is to support the operational growth of the group in Southern Italy
RINA has acquired the entire capital of Finnish Foreship
Helsinki
The Helsinki-based company specializes in consulting in the field of marine and mechanical engineering.
Container traffic down at Barcelona and Valencia ports in May
Barcelona/Valencia
Resumption of containers in transit at the Catalan port
Annual cargo traffic in Greek ports stable in 2024
Piraeus
Domestic volumes are growing, while foreign trade is decreasing
Perplexity of freight forwarders, customs agents and maritime agents of La Spezia at the transfer of the port of Carrara to the Tuscan AdSP
The Spice
Timidly, they "hope for consideration for the progress made so far"
Francesco Mastro appointed extraordinary commissioner of the Southern Adriatic Sea Port Authority
Rome
He will take up office on June 30th.
John Denholm to be new president of the International Chamber of Shipping
Athens
He will take over from Emanuele Grimaldi in a year
Extraordinary commissioners of the two Ligurian Port System Authorities have been installed
Genoa/La Spezia
Matteo Paroli and Bruno Pisano at the helm of the institutions
Container traffic at Hong Kong port drops sharply in May
Hong Kong
1.05 million TEUs were handled (-12.7%)
Assogasliquidi-Federchimica shows the way to accelerate the decarbonization of road and maritime transport
Rome
Amadei: Our sector is ready and the time has come for courageous industrial choices
Eagle S tanker command blamed for cutting submarine cables in Gulf of Finland
Advantages
The accident was caused by the ship's anchor
Online platform to report critical issues that put transport workers at risk
Genoa
It was prepared by Fit Cisl Liguria
GNV to create a direct summer connection between Civitavecchia and Tunis
Genoa
It will run alongside the historic route via Palermo
The unification of Grimaldi's concessions in the port of Barcelona has been completed
Madrid/Barcelona
The contract expires on September 20, 2035.
In the first five months of 2025, cargo traffic in Russian ports fell by -4.9%
St. Petersburg
A decrease of approximately -12% was recorded in May
Raben Logistics Group Creates Subsidiary in Türkiye
Milan
It will have 20 employees and a 2,000 square meter cross-dock warehouse
Alberto Dellepiane confirmed as president of Assorimorchiatori
Rome
The composition of the entire association leadership remains unchanged
Agreement between Fincantieri and Indonesian PMM to develop solutions to face new unconventional underwater challenges
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The Assarmatori assembly will be held in Rome on July 1st
Rome
"Mediterranean against the current" the theme of the meeting
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
US has its eye on Greek ports
(Kathimerini)
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Structural adaptation works on dock 23 of the port of Ancona awarded
Ancona
Intervention worth over 11.8 million euros
Conference on the role of LNG and bioLNG for the decarbonisation of transport and industry
Rome
The Federchimica-Assogasliquidi event will take place on Monday in Rome
Dutch Bolidt increases presence in cruise ship sector with acquisition of American Boteka
Hendrik Ido Ambacht
Contship Italia has acquired the Genoese customs services company STS
Melzo
The Ligurian company was founded in 1985
Francesco Benevolo has been appointed extraordinary commissioner of the AdSP of the Central-Northern Adriatic Sea
Rome
He is the operations director of RAM - Logistics, Infrastructure and Transport
Montaresi resigns as commissioner of the Eastern Ligurian Port Authority
The Spice
In the eight months of administration - he underlines - we have not lost even a second
Gurrieri has been appointed extraordinary commissioner of the AdSP of the Eastern Adriatic Sea
Trieste
Pending the completion of the formal process for the designation of the president
The commissioners of the AdSP of Western Liguria have handed over their mandate to Minister Salvini
Genoa
The decision is part of the process of designation and nomination of the new leaders
Confetra criticizes the provisions of the decree-law Infrastructure for road transport
Rome
The Confederation urges the blocking of the process of appointing the presidents of the port authorities
Taiwanese Evergreen, Yang Ming and WHL saw revenue decline in May
Keelung/Taipei
The decline is accentuated for the two main companies
South Korea's KSOE wins order to build eight 15,900 TEU containerships
Seongnam
The unit value of each vessel is approximately $221 million.
First port terminal for car traffic of Greek Neptune Lines
Piraeus
It will be inaugurated next year in the French port of Port-La Nouvelle
The assembly of the association of Genoese maritime agents and brokers will be held on June 16th
Genoa
Round Table on Genoa, the hub of the North West and the Mediterranean
BN di Navigazione Board of Directors Renewed
Genoa
BluNavy aims to reach one million passengers by 2025
Viking Line designs world's largest all-electric ro-pax vessel
Viking Line designs world's largest all-electric ro-pax vessel
Åland
Record Monthly Container Traffic at Turkish Ports
Ankara
In May, almost 1.4 million TEUs were handled (+17.6%)
Sergio Landolfi has been elected president of the Customs Association of the Port of La Spezia
The Spice
The board of directors has been renewed
The ferry industry elite will attend the Interferry conference in Salerno in October
Victoria
Event titled "Connections"
Uniport launches an initiative to support ALS research
Rome
Fundraising for the NeMO Clinical Center Serena Foundation Onlus
The Propeller Club of Genoa has analyzed risks and opportunities of using AI in the maritime and insurance sectors
Genoa
The importance of training in the use of technology was highlighted
Chantiers de l'Atlantique delivers luxury cruising yacht Luminara to The Ritz-Carlton Yacht Collection
Saint Nazaire
The ship will debut in Alaska
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