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