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Independent journal on economy and transport policy
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BRIEFS
May 11, 2011
The Business Timesweb site
Shipping News
  • Call for code of conduct as security 'cowboys' emerge
    Maritime security firms have come together to create a code of conduct and ethics, prompted by alarm over the rising number of companies without seaborne experience aiming to cash in on the surge in Somali piracy.
  • Supertanker surplus cuts freight rates
    Hiring canal boats in London costs more than supertankers earn from shipping Saudi Arabian crude to Japan as a glut of the oil transporters cuts freight rates on the industry's most important trade route.
  • Crude oil tanker rates still depressed at W48s
    Crude oil tanker rates were steady, helped by lower bunker fuel costs although earnings continued to struggle to cover operating costs.
Strait Talk
  • Losses at sea continuing at an alarming rate
    A COUPLE of months ago, the Maltese-flag bulk carrier, the 75,208 dwt Oliva, set off from Singapore for Brazil with a cargo of soyabeans. She didn't make it to Brazil, though; she ran aground off Nightingale Island in the Tristan da Cunha archipelago in the South Atlantic in March, causing severe environmental damage in an internationally recognised bird sanctuary with UNESCO World Heritage Site status.
Shipping Times
  • Bombardier in US$3b rail order with Siemens
    Bombardier Inc's train unit has partnered with Siemens AG for what could be a US$3 billion-plus share of a high-speed rail contract in Germany, the Canadian company said on Monday.
  • High-speed Beijing-Shanghai railway to run trials
    A long-anticipated high-speed railway between Beijing and Shanghai is due to begin trial operations today, as China continued with its lavish rail spending boom despite recent losses and scandals.

The Business Timesweb site
Shipping News
  • Call for code of conduct as security 'cowboys' emerge
    Maritime security firms have come together to create a code of conduct and ethics, prompted by alarm over the rising number of companies without seaborne experience aiming to cash in on the surge in Somali piracy.
  • Supertanker surplus cuts freight rates
    Hiring canal boats in London costs more than supertankers earn from shipping Saudi Arabian crude to Japan as a glut of the oil transporters cuts freight rates on the industry's most important trade route.
  • Crude oil tanker rates still depressed at W48s
    Crude oil tanker rates were steady, helped by lower bunker fuel costs although earnings continued to struggle to cover operating costs.
Strait Talk
  • Losses at sea continuing at an alarming rate
    A COUPLE of months ago, the Maltese-flag bulk carrier, the 75,208 dwt Oliva, set off from Singapore for Brazil with a cargo of soyabeans. She didn't make it to Brazil, though; she ran aground off Nightingale Island in the Tristan da Cunha archipelago in the South Atlantic in March, causing severe environmental damage in an internationally recognised bird sanctuary with UNESCO World Heritage Site status.
Shipping Times
  • Bombardier in US$3b rail order with Siemens
    Bombardier Inc's train unit has partnered with Siemens AG for what could be a US$3 billion-plus share of a high-speed rail contract in Germany, the Canadian company said on Monday.
  • High-speed Beijing-Shanghai railway to run trials
    A long-anticipated high-speed railway between Beijing and Shanghai is due to begin trial operations today, as China continued with its lavish rail spending boom despite recent losses and scandals.

The Business Timesweb site
Shipping News
  • Call for code of conduct as security 'cowboys' emerge
    Maritime security firms have come together to create a code of conduct and ethics, prompted by alarm over the rising number of companies without seaborne experience aiming to cash in on the surge in Somali piracy.
  • Supertanker surplus cuts freight rates
    Hiring canal boats in London costs more than supertankers earn from shipping Saudi Arabian crude to Japan as a glut of the oil transporters cuts freight rates on the industry's most important trade route.
  • Crude oil tanker rates still depressed at W48s
    Crude oil tanker rates were steady, helped by lower bunker fuel costs although earnings continued to struggle to cover operating costs.
Strait Talk
  • Losses at sea continuing at an alarming rate
    A COUPLE of months ago, the Maltese-flag bulk carrier, the 75,208 dwt Oliva, set off from Singapore for Brazil with a cargo of soyabeans. She didn't make it to Brazil, though; she ran aground off Nightingale Island in the Tristan da Cunha archipelago in the South Atlantic in March, causing severe environmental damage in an internationally recognised bird sanctuary with UNESCO World Heritage Site status.
Shipping Times
  • Bombardier in US$3b rail order with Siemens
    Bombardier Inc's train unit has partnered with Siemens AG for what could be a US$3 billion-plus share of a high-speed rail contract in Germany, the Canadian company said on Monday.
  • High-speed Beijing-Shanghai railway to run trials
    A long-anticipated high-speed railway between Beijing and Shanghai is due to begin trial operations today, as China continued with its lavish rail spending boom despite recent losses and scandals.

Sched Netweb site
  • Taicang faces life without TCC as it reports first quarter volume up 30pc
  • Top admiralty lawyer seeks IMO to immunise armed guards on ships
  • Transshipments to Fujian's nearby provinces nearly double in first quarter
  • Interstate Container invests US$13 million in container packing for produce
  • Virginia Port Authority expects to run Richmond harbour from July
  • European forwarders enjoy April growth, but fear worse to come
  • FedEx Trade Networks opens more offices in France, Spain, India
  • Air cargo leads Seattle's Expeditors quarterly profit rise of 49pc
  • TSA grows uncertain of Dec 31 deadline for 100pc bellyhold screening

Exim Indiaweb site
  • FWPL successfully executes engineering & logistics for mammoth project
  • GL bolsters support of green ship recycling in Asia
  • ESPLL split into Essar Ports & Essar Shipping
  • ICTT receives ISO 28000 certification
  • New Mangalore Port receives 2nd box vessel this fiscal
  • Five-yr lock-in period envisaged for infra debt funds
  • Food inflation slows to three-week low
  • KASEZ exports grow 17.5 pc in 2010-11
  • SAIL plans pellet plant in Jharkhand

International Transport Journalweb site
MAY 10, 2011
  • Siemens builds first trains for Sochi in Russia
    Vladimir Yakunin, president of Russian Railways (RZD), and Peter Löscher, Siemens CEO, recently held a ceremony to mark the official launch of train production for the Russian city...
  • Air Cargo Center Berlin: construction work started
    Building work on the new BBI airport's airfreight centre for co-loaded cargo began last week. The freight platform, which comprises 12,000 sqm of hall space and 7,000 sqm of office...
  • Royal Jordanian B787 delivery delayed again
    Amman-based Royal Jordanian Airlines has said that it will receive its first of 11 Boeing B787s in 2014, almost four years after it initially intended. The carrier will receive its...
  • Flightcare Cargo joins Cargo 2000
    Flightcare Cargo Belgium and Flightcare Cargo Spain are the 18th and 19th ground handlers respectively to join the Iata quality programme Cargo 2000. Part of FCC Holding and a foun...
  • Construction begins on USD 105 million Memphis intermodal facility
    The US rail service provider Norfolk Southern Railways recently held a groundbreaking ceremony for the new Memphis Regional Intermodal Facility in Rossville TN (USA). The USD ...
  • Hazmat warehouse in port of Hamburg changes hands
    The German service provider Lehnkering is taking over K+P Gefahrgut Logistik GmbH's hazardous goods storage facility in Hamburg, as well as the staff that work there. Leh...
  • Eurosib inviting you to presentation in Munich
    The Russian rail service provider Eurosib is holding a short presentation at the Russian Federation's Ministry of Transport's stand (B3 229/330) at the Munich Transport Logistics F...
  • Logistic Services Danubius is now DB Schenker Rail Romania
    Logistic Services Danubius SRL was recently renamed DB Schenker Rail Romania SRL in Bucharest (Romania). The objectives of DB Schenker Rail Romania include shifting more freight fr...
  • Siemens wins its single largest mobile mining order
    Siemens Industry has received its biggest mobile mining order from Hitachi Construction Truck Machinery (HCTM). The contract foresees that Siemens will provide 50 additional EH4500...
  • UK: Yorkshire now Britain's hot spot for truck theft
    The Yorkshire Post has reported that figures from the UK's national policing unit for heavy goods vehicle crime reveal that in West Yorkshire alone, trucks and other commercial veh...
  • Moore Stephens calls on HMRC to consult on tonnage tax
    Leading accountant and shipping adviser, Moore Stephens, says companies operating within UK tonnage tax might consider leaving the UK, as a result of HMRC's decision to unilaterall...
  • Shipping company alliance CKYH launches sixth Far East service
    The container shipping companies Cosco, K Line, Yang Ming and Hanjin Shipping, which operate under the name CKYH - the Green Alliance, are launching a new liner service from Asia t...
  • BDB criticises WSV reform
    The German inland shipping organisation (Bundesverband der Deutschen Binnenschiffahrt/BDB) recently said that the Federal Transport Ministry's second report on the reorganisat...
  • The ITJ team and "Heidi J" awaiting you in Munich
    The ITJ and its editorial and sales staff would like to accord you a warm welcome to the transport logistic trade fair, the world's largest exhibition for transport and logistics w...
  • Expeditors International reports higher profit
    Seattle-based forwarding and logistics service provider Expeditors International of Washington Inc. reported a Q1/2011 net profit of USD 91 million, 49% more than USD 61 million in...
  • Ceva launches new organization for global supply chain management
    Logistics and SCM specialist Ceva Logistics is to create a new organization called Supply Chain Solutions. Ceva has taken this step in response to the changing and evolving needs o...
  • Basel: name change for the world's oldest forwarders' association
    The association of Basel freight forwarding and logistics companies (Basler Speditions-Logistiker/(VBSL), which was founded in 1882, is adopting a new name. Attendees o...
  • Karl Gross boosts management of Hamburg branch office
    The German forwarding company Karl Gross Internationale Spedition recently boosted the managerial team at its Hamburg branch office by the addition of Steffen Fulst. He was previou...

Marine Logweb site
MAY 10, 2011
  • P&I club warns: Don't put garbage in WCR
  • STX OSV reports strong first quarter
  • Metro Machine awarded $78.8 million Navy contract

World Wide Shipperweb site
MAY 10, 2011
  • Port of Vancouver nets DOT grant for freight access project
  • Port Metro Vancouver announces Blue Circle Award winners for 2010
  • NYK continues commitment to Chinese maritime universities
  • Crowley launches two barges to serve Western Alaska customers
  • Panama Canal Authority inks MOU with soy coalition

Lloyd's Listweb site
MAY 10, 2011
  • Costamare orders five 8,800 teu vessels for Evergreen service
    Brings spree since going public last November to 20 vessels valued at more than $1bn
  • Long-term VLCC fixtures secured amid volatile market
    Period rates boosted but daily rates remain low
  • BG's LNG shipping dips but liquefaction profits rise
    UK gas giant BG Group saw profits from its liquefied natural gas shipping operation fall 14% in the first quarter of 2011, against the same period last year
  • Lower time charter earnings drive Scorpio Tankers into the red
    Product tanker outlook encouraging, says Emanuele Lauro
  • Aframaxes flat as bunker dip bolsters charterers' position
    Rates on all major routes depressed as owners fear situation is unlikely to improve in short term
  • Panamaxes benefit from rise in Indian coal imports
    Panamax vessels are snatching up coal voyages from Indonesia and Australia's east coast to coal-hungry India
  • Maersk Broker to expand in Greece
    Senior brokers from Greek market to be recruited as London chief moves to Athens
  • Essar to split shipping and ports to tighten possible investors' focus
    Nature of risk and competition involved in each business is distinct and capable of attracting different stakeholders, says company
  • Knightsbridge says excess tonnage is frustrating plan to grow dividends
    John Fredriksen company reports 16% fall in profit as revenues slip
  • EMEC appoints new board
    Senior executive from electronics firm Kongsberg to replace Wärtsilä's Eskola as president
  • K Line puts two car carriers into cold lay up
    Carrier takes action as Japan car exports fall 25% in March
  • Antwerp aims to link with Chongqing by land-only train service
    Rail connection will complement maritime cargo flows rather than compete, says port president
  • Private security tackles pirates but fears raised over industry 'cowboys'
    Calls for code of practice to guide armed guards on vessels, now used on around 10% of transits in the Indian Ocean
  • Worrying development
    Rosatomflot's icebreakers, even the nuclear ones, are all ageing beasts built in the Soviet era
  • Eagle Bulk sinks to loss after Korea Line bad debt provision
    Supramax bulker specialist slides to a $5.8m net loss for the first three months
  • Precious first quarter profit dives
    Books net profit of $3.6m, a quarter of the figure recorded in same period a year ago
  • Asia traffic boosts Deutsche Post DHL revenues
    Group posts $18.4bn first quarter revenues and sees operating margins improve
  • Fuel for thought
    An International Maritime Organization consideration of ISO 8217 should resume as soon as possible
  • TOP Ships set for reverse stock split as it plots $115m offering
    Evangelos Pistiolis-led owner aims to reduce debt and hunt ships
  • Kiel sees surge in ro-ro volumes
    Port on track to break 6m tonne barrier as ro-ro traffic lifts handling figures
  • Eyebrows fully raised
    To be caught red handed with a 4 km oil slick trailing your ship by French spotter plane smacks of blatant disregard of the rules or, quite simply, pure stupidity
  • Warning over ballast system handling
    Updated communique pays special attention to procedures for treatment
  • Private Chinese yards will get state backing
    Government to put jobs ahead of fleet capacity concerns in effort to keep shipbuilders afloat
  • Merck to focus on carriers' carbon footprint
    Pharma company also expresses concerns about quality and freight rates
  • OOCL returns to Samsung Heavy for four more 13,000 teu ships
    Hong Kong carrier to pay $136m per vessel in follow up to March order for six boxships
  • Diana Containerships targets up to $172m from public offering
    Simeon Palios-led owner is negotiating two 3,500 teu secondhand vessels and sees ample number of boxships for acquisition
  • TBS falls to $17m loss in first quarter
    Weak rates continue to hit dry bulk operator after it secures reprieve from lenders
  • IMO to discuss private armed security guidelines
    Providers will be vetted by shipowners and operators to keep out 'cowboys'
  • CSAV beats Maersk in reliability
    Drewry study puts Chilean line top of league as Danish giant slips in first quarter of 2011
  • Sinochem International looks to build its empire
    Chinese player considers chemical tanker spinoff despite struggling market

Fairplayweb site
MAY 10, 2011
  • US coal exports surge
    US COAL exports are expected to reach 90M tonnes this year, the highest volumes in more than two decades, according to two major producers
  • Iran to aid Bahrainis
    IRAN WAS reported today to be readying aid ships to be sent next week to support government foes in Bahrain
  • Greeks seize 132 migrants
    GREEK port authorities have seized 132 migrants trying to slip illegally into Italy
  • Top seeks $100M lifeline
    EMBATTLED tanker and bulker owner Top Ships has proposed a heavily dilutive equity sale to meet its debt obligations
  • SeaFrance shrugs off P&O's move
    STRUGGLING Dover Strait ferry operator SeaFrance told Fairplay today that it does not expect a complaint by rival P&O to affect the EC's decision on its recapitalisation scheme
  • Precious profits drop 77%
    THAI DRYBULK carrier Precious Shipping today posted a 77% fall in net income for the first quarter, largely because of fewer asset sales than in the quarter last year
  • Japan to ship more LNG from Oz
    JX NIPPON has become the latest Japanese buyer to sign a deal to buy LNG from Chevron's Gorgon project off Western Australia, IHS World Energy Markets reported today
  • Pakistani breakers grab VLCC share
    PAKISTANI shipbreakers attracted VLCCs last week as environmental requirements in Bangladesh and India and lower scrap prices in China deterred owners
  • VLCC bunker break seen
    SINGAPORE brokers told Fairplay today that VLCC owners are finding some relief from lower bunker prices
  • Tran-Pacific box rates rise
    TRANS-Pacific box rates have improved further, while the rate of decline in Asia/Europe box rates has slowed
  • Essar finalises split
    INDIA'S Essar Shipping Ports & Logistics has announced the completion of its demerger into separate units for ports and shipping
  • STX OSV keeps offshore focus
    NORWEGIAN shipbuilder STX OSV has told Fairplay it plans to maintain its focus on offshore vessels, despite its order for eight LPG carriers from Transpetro
  • Diana Containerships plots growth
    NEWLY listed Diana Containerships has launched a follow-on offering to pay for two more ship acquisitions
  • Teekay's rating pared
    CREDIT agency Moody's has graded down its ratings of Teekay's corporate family and its senior unsecured debt
  • TBS back in crisis mode
    BULKER and tweendecker owner TBS suffered heavy losses in its first quarter and warned that it must raise more cash to meet 2H11 obligations

The Journal of Commerceweb site
MAY 10, 2011
  • Bill Aims to Increase Truck Parking Spaces
    Rep. Paul Tonko, D-N.Y., will re-introduce a bill Wednesday aimed at creating safer and more secure parking spaces for long-haul...
  • USPS Loss Reaches $2.2 Billion
    The U.S. Postal Service's red ink got deeper in its fiscal second quarter, as continued high costs and a 3.1...
  • Truckload Capacity Seen Tightening
    The weekly Longbow Research Truckload Barometer increased 1.3 percent last week, ending a month-long drop in April, indicating tighter availability...
  • Gernandt to Succeed Kuehne as K+N Chairman
    Karl Gernandt will succeed Klaus-Michael Kuehne as chairman of German forwarder and logistics company Kuehne + Nagel. Kuehne announced...
  • YRC Worldwide to Hire Network Engineers
    YRC Worldwide is searching for engineers to help optimize its network to save fuel ' and money ' by making...
  • ATSG Profit Falls 61 Percent
    Air Transport Services Group saw net profit drop 61 percent in the first quarter ending March 31 from the same...
  • Higher Fuel Costs Pinch Sysco Income
    A $14 million increase in fuel costs helped boost operating expenses at food service company Sysco 10.6 percent in the...
  • US Wholesale Inventories Up, Sales Growing Faster
    U.S. wholesalers' inventories rose for the 15th straight month in March but sales grew even faster, signaling that companies will...
  • Seaspan Adds 60th Ship to Fleet
    Container ship owner-charterer Seaspan took delivery of its 60th ship, which has been chartered to "K" Line. The Berlin...
  • Asia-Europe Bunker Surcharge Hits Record High
    Ocean container carriers are levying record bunker fuel surcharges on shipping lanes between Asia and North Europe route, an industry...
  • China Trade Surplus Hits $11.43 Billion
    China's trade surplus jumped to $11.43 billion in April as surging exports outpaced import growth despite government efforts to shift...
  • Survey Finds Japan's Firms Pessimistic on 2011 Results
    One-third of Japanese firms expect to see their revenue and profit decline in the fiscal year 2011-2012 which started on...
  • UN Forecasts 1.5 Percent Japan Economy Growth
    Japan's economic growth will slow to 1.5 percent in inflation-adjusted terms this year from 3.9 percent last year, the United...
  • India's Port Container Traffic Inches Up 2 Percent
    Container traffic at major ports in India grew a mere 2 percent in April compared with a year earlier, according...
  • Emirates Boosts Cargo Revenue to Record $2.4 Billion
    Emirates SkyCargo boosted revenue 27.6 percent to a record $2.4 billion in the 12 months through the end of March...
  • Diana Containerships Eyes $172.5 Million Offering
    Diana Containerships is planning a public offering of up to $172.5 million to pay down debt and build its fleet...
  • Deutsche Post DHL Operating Profit Jumps to $906 Million
    Deutsche Post DHL increased first quarter operating profit 23 percent from a year ago to $906 million as strong growth...
  • Lufthansa Cargo Traffic Jumps 24.8 Percent
    Lufthansa Cargo boosted freight traffic by 24.8 percent in April from a year ago, driven by surging volumes across its...

Containerisation Internationalweb site
MAY 10, 2011
  • Schedule reliability down
  • China's trade surplus soars
  • Shippers warned to expect higher BAFs
  • FMC 'taking up' new container freight indices/derivatives
  • HSBC research reveals MENA strength

TradeWindsweb site
MAY 10, 2011
  • Beluga's bunker battle
    Another chapter added to saga of insolvent German heavy-lift operator as legal drama unfolds in California.
  • Omega hits snooze
    Banks dial back debt clock by three days as George Kassiotis-controlled product tanker owner races to restructure loan packages.
  • Rates sting Scorpio
    Emanuele Lauro sees product tanker recovery on the horizon following first-quarter loss but duration of revival remains unclear.
  • OOIL slips in four more
    Hong Kong-listed boxship owner takes 13,000-teu haul at Samsung to 10 with $544m splash.
  • BSL starts Swedish service
    Estonian company using DFDS ro-ro for new run from Paldiski to Kapellskar.
  • Solvang still not happy
    Oslo-listed owner says performance of its shipping division remains unsatisfactory despite a return to the black.
  • Dof chases fresh bankroll
    Oslo-listed offshore group calls on capital markets to fill financing gap tied to STX Europe order.
  • Platou turns positive
    Slump in container rates has bottomed out says RS Platou Markets as it upgrades sector and two leading owners.
  • Lampke lines up takeover
    German liner player PWL Group strikes deal with Sloman Neptun for its ship agency business.
  • Knightsbridge lags Street
    John Fredriksen-controlled shipowner sees first quarter numbers land short of forecasts.
  • Dry's depressing reality
    Bulker owners face four more years of pain as record orderbook is delivered, analyst warns.
  • Precious profit slashed
    Thai bulker owner sees revenues dwindle in first quarter, while operating costs rise.
  • Siem back in the black
    Oslo-listed offshore shipowner posts a profit in the first quarter as AHTS investment pays off.
  • Investments bail out Wan Hai
    Taiwanese container line's first quarter profit rises despite growing operating costs.

American Shipperweb site
MAY 10, 2011
  • Steinke to receive Connie Award
    Richard D. Steinke, who will retire this year as executive director of the Port of Long Beach, has been selected to receive the Containerization & Intermodal Institute's (CII) Connie Award. Steinke During his 14-year career at the port, Steinke le...
  • Essar Shipping splits in half
    Mumbai-based Essar Shipping Ports & Logistics Ltd. said Monday it is dividing its operations into two companies -- Essar Ports and Essar Shipping. For every three shares held of the current company, shareholders will get two shares of Essar Ports a...
  • Shipco restarts LCL service to Greece
    Non-vessel-operating common carrier Shipco Transport has restarted its direct less-than-containerload service from New York to Piraeus, Greece, citing an uptake in cargo volumes to the Mediterranean from the United States. The service will improve ...
  • Soy shippers, Panama Canal partner on trade
    The Soy Transportation Coalition on Monday signed a memorandum of understanding with the Panama Canal Authority, marking the first time that a shipper organization has offered to partner on promoting the 2014 expansion of the Panama Canal. At the ...
  • Higher volumes, rates pull BNSF forward
    BNSF Railway had first quarter net profit of $607 million, 20 percent more than the $506 million recorded in the same 2010 period, according to a summary of its results provided by parent company Berkshire Hathaway last week. Berkshire provided a q...
  • Four new board members for TIACA
    The International Air Cargo Association has named four new members to its board of directors, the organization said Monday. The new TIACA board members are: Oliver Evans, chief cargo officer of Swiss International Airlines. Neel Shah, senior vi...
  • TBS reports loss as revenue shrinks
    TBS International said it had a first quarter net loss of $18 million compared to a $7.8 million loss in the same 2010 period. Revenue was $89.8 million in the first quarter compared to $100.1 million in the first quarter of 2010. The company warne...
  • Drewry: Liner reliability falls in Q1
    Container service reliability declined for the second quarter in a row during the first quarter of 2011, according toDrewry Maritime Research's latest Schedule Reliability Insightreport. The proportion of the 2,972 vessel calls arriving on time at...
  • Low rates 'reduce incentive'?
    Low rates 'reduce incentive'? Low rates 'reduce incentive'?...
  • Quarterly results
    Higher volumes, rates pull BNSF forwardBNSF Railway had first quarter net profit of $607 million, 20 percent more than the $506 million recorded in the same 2010 period, according to a summary of its results provided by parent company Berkshire Hat...

The Bunker Bulletinweb site
MAY 10, 2011
  • Middle East prices mixed
    Avails 'extremely tight' in Durban.
  • Port of Gothenburg outlines environmental incentives
    Sweeteners include differentiated port dues, low sulphur fuel reimbursement and funds for retrofitting vessels with LNG propulsion.
  • Cruise industry shrinks as environmental rules tighten
    International Association of Antarctic Tour Operators expects another fall in passenger numbers.
  • Rotterdam prices rise
    Congestion at Rotterdam loading terminals.
  • RCCL highlights fuel strategy advantage
    Has kept relative fuel cost and consumption down, tells Bunkerworld conference about its emission mitigation strategies.
  • BAFs outstripping bunker price increases
    Alphaliner says bunker surcharges are at a record high.
  • Bridge reopens after bunker barge collision
    Investigation continuing into cause of Fremantle accident.
  • Asian bunker prices generally firming
    Demand mostly low at key Asian bunker ports on Tuesday, say traders.
  • Bulk carrier runs aground, leaks bunkers in Philippines
    Vessel enroute to India when it ran aground in southern Philippines on Sunday morning.
  • Australian bunker station gets upgrade
    With the addition of two new sewage pump-out units.
  • NYK gets 'excellent' rating for environmental efforts
    Shipping company gets top rating from the Bank of Tokyo-Mitsubishi UFJ, Ltd.
  • Rising bunker prices putting 'pressure' on profits
    Political unrest and increase in demand for crude and refined oils 'has had direct impact on cost of bunkers.'

›››File
FROM THE HOME PAGE
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
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 conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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