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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
Terminal Intermodale Venezia, concession contract renewed
Terminal Intermodale Venezia, concession contract renewed
Venice
The duration of the agreement is 25 years. Investments of over 100 million euros are expected
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
Rather, he stressed, multilateral solutions are needed to resolve the long-standing inefficiencies and inequalities in the global trading system.
Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
Agreement with the Chinese car manufacturer
A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
The Mærsk family investment company already owns 47.0% of the company
Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
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
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
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
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
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
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
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 public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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