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04 October 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
August 11, 2011
The Business Timesweb site
Shipping News
  • Baltic index slips for second day
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell for a second day as slow activity and wider market turmoil hit sentiment.
  • Tanker demand-oversupply gap widens to 23%
    A glut of oil tankers competing for Middle East crude expanded as demand for the vessels slowed.
  • Greater risks seen for longer-duration contracts
    Contracts to rent dry-bulk ships that haul minerals and grains for longer durations are at greater risk of being torn up, according to Oslo-based investment bank Fearnley Fonds AS.
  • High port costs drive trade from S Africa

Sched Netweb site
  • Maersk transforms 8,700-TEUers into 10,000-TEUers by stacking them higher
  • Matson cancels one China-US west coast loop, citing high fuel, low rates
  • CMA CGM takes 35-year lease on Jamaica terminal to serve as Caribbean hub
  • Yunnan waterway shipping to link Yangtze, Pearl, Mekong, Irrawaddy rivers
  • Shijiazhuang to build seven cargo hubs and eight passenger hubs
  • Liaoning provincial GDP up 13pc to US$154.68 billion in first half
  • Kerry Logistics on course for phase 2 of Chongqing Logistics Centre
  • FedEx Freight general rate increase for non-contract trucks
  • American intermodal volume jumps to new year high after six week slowdown
  • Cathay profit falls 59pc to US$348.7 million, cites high fuel, uncertainty
  • White flight engineers sue Nippon Cargo Airline for 'racist hiring'
  • Nigerian airports need upgrade for cargo development, say stakeholders

Exim Indiaweb site
  • ANZDA's peak season surcharges from August 15
  • EU's environmental regulations will push shippers from ship to truck, says ESC
  • FFFAI's 20th Biennial Convention to focus on CHA as emergent global logistician
  • ICS supports role of IMO in CO2 emission reduction
  • Tips on preparation & attempting the Exam under Regulation 8 of the CHALR 2004 to be conducted on September 5
  • Western India Shipyard's Q1 total income jumps 27 pc
  • Exports to US will slow down from Aug.: Khullar
  • India adhering to safety practices for shrimp exports: USFDA
  • Essar Ports Q1 net surges to 39.61 cr.
  • Over 20 PPP projects to be awarded this year, Vasan informs Lok Sabha
  • Govt mulling nod for extra sugar exports
  • Rice exporters from South seek govt assistance
  • Crude oil plunges to near 8-month low

International Transport Journalweb site
AUGUST 10, 2011
  • Railway reform in SE Europe and Turkey could halve transit times
    Train transit times between Ljubljana and Istanbul could be cut in half - a staggering 25 hours - if much-needed reforms in the rail sector are made, according to a new report by t...
  • Leighton Contractors and ARTC to deliver Sydney freight line
    Leighton Contractors has been selected by the Australian Rail Track Corporation (ARTC) to deliver the final stage of the Southern Sydney Freight Line (SSFL) in an alliance contract...
  • Wincanton investing in new construction fleet vehicles
    Wincanton, a leading supply chain provider in the UK, has invested GBP 4.2 million (about EUR 4.8 million) in adding 27 new vehicles to its dedicated construction fleet. This inves...
  • Australia: Linfox orders 100 Volvo prime movers
    Volvo Trucks has announced that Linfox, one of the Asia-Pacific region's leading logistics operators, has chosen Volvo to supply it with 100 prime movers. The order consists of FM1...
  • German associations call for quick implementation of EU directives
    In a letter to the German transport minister, the German Freight Forwarding and Logistics Association (DSLV) and the Association of Service Providers to German Airports (VDF) calle...
  • IBIA appoints Trevor Harrison as interim chief executive
    Trevor Harrison has been appointed acting chief executive of the International Bunker Industry Association (IBIA). The move follows the recent resignation of former chief executive...
  • Foreign ports boost ICTSI income
    Foreign port operations and an improving global economy have combined to boost International Container Terminal Services Inc's (ICTSI) first-half volume, revenue and net income. IC...
  • BBC Chartering launches transpacific service
    The German heavylift shipping company BBC Chartering recently announced the commencement of a new monthly liner service that connects Asia with North America. BBC will load goods a...
  • E-mobility for container logistics
    Driver-less container transporters that are battery-powered, and therefore emission-free, are being used in HHLA's Altenwerder container terminal for the first time. For the fast a...
  • WFS now largest cargo handler in Montreal
    Worldwide Flight Services (WFS) has become the largest cargo handler in Montreal (Canada), thanks to the purchase of Excel Cargo at the two airports Montreal Dorval and Mirabel. Co...
  • Major air traffic management project receives EU support
    An essential project in the development of the so-called functional airspace block Europe central (Fabec), which covers the five EU member states France, Germany, Belgium, the Neth...
  • New Norbert Dentressangle UK partnership with Bakers Basco
    Norbert Dentressangle has formed an innovative partnership with asset recovery specialist Bakers Basco, in order to extend its range of reverse logistics and environmental manageme...
  • House of Fraser extends UK contract with DHL
    The retailer House of Fraser has extended its cooperation with DHL Supply Chain in the UK. The two companies have signed a five-year contract with an order volume of GBP 85 million...
  • TNT Express flies 45 t of food to Somalia
    At the beginning of this week, TNT Express flew 45 t of food to Nairobi (Kenya). With the delivery of the aid, the CEP service provider supported the United Nations' World Food Pro...

Marine Logweb site
AUGUST 10, 2011
  • McGehee succeeds Kirby as SeaArk Marine VP of Engineering
  • Hyundai Heavy introduces after sales service via smart phone
  • New Ulstein company has focus on "mission equipment"
  • Bourbon reports growth in first-half revenues
  • Former IBIA Chairman Fritz Fredriksen joins DNV Petroleum Services

World Wide Shipperweb site
AUGUST 10, 2011
  • Olympia Port Commissioners hear of record operating revenues
  • Port Tracker report predicts slow summer for container ports
  • Deacon Riggio to take helm of Seattle Catholic Seafarers Center
  • Freight transportation index delivers gains during June
  • Seattle port executives applaud new post for Senator Murray

Lloyd's Listweb site
AUGUST 10, 2011
  • VLCCs close to 'last option' lay-ups amid dire spot rates
    Owners' earnings are so low that taking ships out of the market may be a more financially viable option
  • German box owners lose market share
    Non-German boxship owners climb the table as newbuilding orders from KG funds and German owners shrink
  • Capesize rates up despite weaker fixtures
    Average time charter climbs $281 to $10,196 per day
  • IEA ups 2012 oil forecast despite global economic concerns
    Increased its 2012 oil demand forecast by 70,000 barrels per day
  • Demand growth offers reasons to be cheerful
    Tanker operators continue to talk up the coming boom
  • Slow steam ahead for shipping upturn
    Some brokers remain optimistic that by next year shipping's prognosis will improve
  • Dry bulk owners look to handies for future growth
    But will narrowing margins and demand concerns be sufficient to deter new entrants?
  • NYK takes lead on expansion
    Japan's big three owners seize opportunities to grow fleet of smaller bulkers on market demand
  • Do not be dazzled by shipping euphemisms
    Being 'cautiously optimistic' is the linguistic equivalent of betting on the red and black at the same time and feeling smug when you win
  • J Lauritzen sees profits slashed on poor dry bulk returns
    Operating income hit by bad weather, high commodity prices and newbuilding glut
  • United Shipbuilding to scrap Soviet-era yards
    Joint venture with Wärtsilä among number of agreements to develop Russian yards
  • Pouring oil on stormy waters
    Tormod Rafgard's book on tankers and pollution liability stirs up some old controversies
  • South coast port will not go down without a fight
    Dry cargo shipping at Littlehampton is just about hanging on, but for how much longer?
  • US poised for 3.6% rise in import box volumes
    Global Port Tracker estimates that US imports will be boosted by retailers' restocking despite the recent slide
  • American Shipping Co loss doubles in past year
    Tanker owner is 'evaluating alternatives' for refinancing $929m total debt
  • TCC sues 75 shippers for $24m
    Box line expects to cover all its debts
  • Weaker rates hit Star Bulk profits
    Bulker owner says capesize additions to the fleet will enhance cash flow
  • Chamber of Shipping says International Chamber vote for bunker fuel levy premature
    Group publishes two manuals to help inform debate on practical as well as theoretical level
  • Not worth the paper?
    The Containership Co's move to sue customers for breach of contract will be watched with interest
  • Maritime myths
    The World Shipping Council has revealed a huge discrepancy in the figures for containers lost at sea
  • Improved container market helps Euroseas
    Nasdaq-listed owner continues to seek boxship acquisitions through Euromar joint venture, but also has hopes of landing dry bulk bargains
  • Correction
    Class society figures
  • Shanghai throughput up 10% in first half
    Cargo volumes show signs of tapering off as Pacific trades decline
  • SeaCube achieves 98.6% utilisation in second quarter
    Container leasing company now targets refrigerated container market
  • Gujarat to ban ships aged 25 years or older from calling ports
    Privately-owned Mundra Port to fall in line with state regulator's move prompted by sinking of Rak Carrier
  • Port & Free Zone World raising $850m to refinance debt
    Five-year loan has conventional and Islamic portions, says banker
  • Essar Ports mulls international expansion
    Outlines investment criteria as it remains 'very bullish' on India's port business
  • Bourbon warns of second-quarter loss
    Company blames dollar's weakness, but chief executive remains upbeat

Fairplayweb site
AUGUST 10, 2011
  • Container loss claims seen as overboard
    THE WSC said today less than one-third of the containers thought lost at sea - and maybe far less - are actually going overboard
  • Bulker grounded near Mauritius reef
    A BULKER is grounded and taking on water today off the north coast of Mauritius after its main engine failed
  • China trade surplus widens
    CHINA'S trade surplus rose to a 30-month high in July year on year, driven by a modest rebound in items shipped to the country, IHS Global Insight reported today
  • Ulstein makes offshore move
    NORWAY'S Ulstein announced today that it has established a new company that will focus on equipment for offshore and dredging
  • Tonnage glut to linger
    TODAY'S oversupply of vessels will carry on for years to come - and is changing the structure of shipping, a leading Greek owner has warned Fairplay
  • US box imports drop
    US BOX imports declined year on year in June but are expected to gain steam as retailers restock for the fall peak season, according to a shipper group
  • Essar Ports profits after split
    INDIA'S Essar Ports has announced a jump in profits in its first results since its demerger in May
  • Turkish steel revenues soar
    TURKISH steel export revenues were up 22% year on year in July, despite a small decrease in volumes, Turkey's metal exporters have revealed
  • More charges laid over Mumbai spill
    THE CAPTAIN, chief engineer and owner of a bulker that sank in Mumbai have been charged with environment offences after oil spilled from the vessel
  • Oz coal exports drop
    AUSTRALIAN coal exports fell year on year last month as damage caused by floods in Queensland earlier this year continues to affect output, IHS McCloskey reported today
  • Ferry survivors sought
    SEARCHERS are today looking for survivors and bodies in the sinking of an inter-island ferry in the Comoros
  • DSME wins HMM box ships
    SOUTH Korea's Hyundai Merchant Marine announced today that it has placed an order for a series of ultra large container ships at compatriot shipyard DSME
  • Merger boosts Subsea 7
    OSLO-LISTED Subsea 7 reported today profits have risen since a merger earlier this year
  • Panamaxes leading plummet in box rates
    TIMECHARTER rates for box ships are losing more ground this week, led by big losses for Panamaxes
  • Gujarat to bar old ships
    VESSELS older than 25 years old are reportedly to be barred by the Gujarat Maritime Board

The Journal of Commerceweb site
AUGUST 10, 2011
  • CN, China Firm Strike Containerized Lumber Deal
    Canadian National Railway and China's CNBM Forest Products Trading agreed to use a new CN facility in Vancouver, B.C., to...
  • DOT Clarifies It's Not Proposing Farm CDLs
    Trying to quell fast-spreading concerns about its policy plans for farm truck operators, the Department of Transportation said it is...
  • Shipper Groups Oppose Extending FMCSA's Reach
    Two key shipping associations are protesting a proposal that could extend a trucking safety regulatory agency's authority to their operations....
  • Standard & Poor's Upgrades YRC Worldwide
    Standard & Poor's Financial Services upgraded the credit rating of struggling trucking operator YRC Worldwide Tuesday, giving it a "CCC"...
  • Seaboard Marine Posts $11.1 Million Loss
    Seaboard Marine posted an $11.1 million operating loss in the second quarter as rising volume and rates were offset by...
  • Drewry Sees Tightening Terminal Capacity
    The growing demand for port capacity over the next five years will outpace terminal expansion, leading to rapidly rising utilization...
  • DOT Freight Index up 2.6 Percent in June
    The Transportation Department's Freight Transportation Index rose 2.6 percent in June, the index's largest month-to-month increase since November 2009. ...
  • WSC: Ocean Carriers Lose 350 Containers Annually
    Ocean carriers lose an average of 350 containers at sea annually, and the number rises to 675 containers if a...
  • UP Starts Work on New Mexico Intermodal Yard
    Construction is under way on a major intermodal yard and locomotive refueling complex for Union Pacific Railroad at Santa Teresa,...
  • China Cosco Expects First Half Loss
    China Cosco Holdings said it will likely post a loss for the first half of this year because rising fuel...
  • Second Ocean Carrier Adds Congestion Fee at Chennai
    Taiwan-based Wan Hai Lines imposed port congestion surcharges on import containers handled at India's Port of Chennai, making it the...
  • Second Ship Chartered to China Cosco Arrested
    A dry bulk ship under long-term charter to China Cosco Holdings was arrested in Louisiana last week, making this the...
  • Cathay Pacific Orders Eight 777 Freighters
    Cathay Pacific Airways will buy eight 777-200 freighters to be delivered between 2013 and 2016 as the Hong Kong-based carrier...
  • Cathay Pacific Airways Profit Drops 59 Percent
    Cathay Pacific Airways' profit fell 59 percent to $359.6 million in the first half of the year compared to the...
  • Yusen Logistics Reorganizes Transportation Division
    Yusen Logistics (Americas) added management of its transportation division to the responsibilities of Michael Noone, the logistics company's executive vice...
  • Kintetsu World Express Doubles Profit
    Kintetsu World Express, Japan's second-largest international forwarder, said its net profit doubled in the first quarter of fiscal 2011, which...
  • Hamburg Sud Raises Bunker Surcharges
    Hamburg Sud will increase its bunker adjustment factor as of Oct. 1 for all cargo moving from U.S. and Canada...

Containerisation Internationalweb site
AUGUST 10, 2011
  • Carriers' schedule reliability less bad
  • Local terminal operators have scale
  • Stocks bounce back from the bottom
  • Shipping gaining the upper hand in piracy crisis
  • Arkas boosts East Med/Black Sea capacity

TradeWindsweb site
AUGUST 10, 2011
  • Aegean falls short
    Second-quarter profit slips 73% as Peter Georgiopoulos-backed bunkering behemoth battles 'challenging' market.
  • DnB in Lion City switch
    Nordic banking giant aims to carve a name for its Singapore-based research franchise with new appointments.
  • Sellers court Star Bulk
    Spyros Capralos says Nasdaq-listed bulker owner is in talks with banks that are looking to offload distressed assets.
  • Russia to buy Libya ships?
    A rumour from Moscow suggests Russian investors, including Sovcomflot, have struck an agreement to buy Libyan tankers.
  • NAT tops FBR charts
    Shares of Herbjorn Hansson-led suezmax specialist secure 'top pick' status as analyst downs OSG, Frontline and Genmar.
  • Lauritzen's profit slump
    Danish shipping conglomerate posts sharply reduced figures for the first half of 2011.
  • Rongsheng pockets more
    Chinese shipbuilder bags $220m loan from two banks, adding to $1.7bn facility arranged in June.
  • ABG pushes up profit
    India's biggest private shipyard makes more money in first half as revenue jumps.
  • Star eyes distressed assets
    CEO of Nasdaq-listed owner has an appetite for dry tonnage despite narrowed second-quarter profit.
  • Euroseas earnings steady
    Nasdaq-listed container and bulker owner posted unchanged quarterly profit compared with the second quarter of 2010.
  • Atlantska cut back
    Earnings slashed for Croatian bulker owner in first half as revenues drop.
  • Drewry ranks box berths
    Analyst produces world terminal ownership ranking, with PSA coming top.
  • SCF wins Statoil deal
    Russian owner and Teekay providing up to 12 aframaxes on time charter to take crude from Peregrino field in Brazil.
  • OSG sinks to new low
    Morten Artzen-led tanker owner's shares slump to 52-week low while others recover millions lost on Wall Street.
  • HMM places Daewoo order
    South Korean owner hands $640m contract for five new boxships to Daewoo Shipbuilding & Marine Engineering.

American Shipperweb site
AUGUST 10, 2011
  • Remaining services 'fundamentally sound'
    Remaining services 'fundamentally sound' Remaining services 'fundamentally sound'...
  • Q2 Liner schedule reliability improves
    Drewry Maritime Research's latest report on container line schedule reliability showed carriers improved upon their first quarter performance in the period from April through June. The percentage of ship calls tracked by Drewry'sSchedule Reliabili...
  • Seaboard Marine hit by higher costs
    Conglomerate Seaboard Corp said its marine division had a second quarter operating loss of $11.1 million compared to an operating profit of $11 million in the same period a year earlier. Marine division revenue was $236.5 million for the quarter e...
  • Maersk raises Asia to Med, West Africa rates
    Maersk Line said this week it plans to raise rates on trades from Asia to the Mediterranean and to West Africa in September. The Asia-Med increase, applicable to all of Asia excluding Japan, is $250 per TEU from Sept. 1. The Far East-West Africa in...
  • Construction begins on second Pasha ship
    Honolulu-based Pasha Hawaii said construction has begun on the company's second ship at the VT Halter Marine's shipyard in Pascagoula, Miss. TheMarjorie Cis scheduled to be delivered in the fall of 2013 when she will enter the trade between the U....
  • White House sets big rig fuel efficiency standards
    Construction begins on second Pasha ship Construction begins on second Pasha shipHonolulu-based Pasha Hawaii said construction has begun on the company's second ship at the VT Halter Marine's shipyard in Pascagoula, Miss. TheMarjorie Cis scheduled ...
  • NASSTRAC concerned about regulatory overreach
    The National Shippers Strategic Transportation Council and Health & Personal Care Logistics Conference are expressing concern about regulatory overreach by the Federal Motor Carrier Safety Administration. In a letter responding to the FMCSA's dra...
  • IANA: Domestic container volume rises
    Domestic and international intermodal volumes increased to 3.53 million units in the second quarter, 6.5 percent more than in the second quarter of 2010, said the Intermodal Association of North America. IANA reported the growth, by equipment type...
  • Matson ends one of its two China strings
    Matson is ending one of its two U.S./China services a year after it was launched, citing sustained high fuel prices, downward rate pressure and overcapacity in the transpacific trade. Matson said it will discontinue in late August its expanded Chi...

The Bunker Bulletinweb site
AUGUST 10, 2011
  • IFO down in Fujairah
    Earliest delivery dates were from August 17-18.
  • European bunker prices mixed
    Quiet market in Hamburg.
  • New owner planning to restart German refinery
    Plant has a high yield of fuel oil and was source of LSFO for ConocoPhilips bunker sales before it closed.
  • New team member for Brilliant Maritime Services
    Jenny Tsagli in move from Praxis Energy Agents SA.
  • Emissions cuts 'must not be based on conjecture'
    UK Chamber of Shipping launches manuals on emission reduction instruments.
  • Legal action facing owners of bunker spill bulker
    Vessel had Lloyd's Register certification withdrawn last year.
  • Mid-week bunker prices generally up
    Mixed demand at key Asian bunker hubs on Wednesday.
  • US military seeks online bunker purchasing platform
    Contractor must provide customer support and training, security and infrastructure.
  • Bourbon reports higher quarterly revenues
    Efficient management of fuel consumption of its vessels will be a 'considerable advantage' amid high oil prices.
  • Cosco Shipping's H1 profits slightly up
    Company's operating costs jump 29% as fuel costs totalled $119.7 million.
  • BMT Nigel Gee to develop electric-powered ferry
    150 passenger capacity vessel to be delivered by BMT Nigel Gee in middle of 2012.

›››File
FROM THE HOME PAGE
In August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Le Aziende informanoSponsored Article
ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
Cairo
In the first seven months of 2025, a decrease of -10.2% was recorded
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
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