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Independent journal on economy and transport policy
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BRIEFS
August 12, 2011
The Business Timesweb site
Shipping News
  • China seen returning as top shipbuilder in time
    China should regain its status as the world's leading shipbuilder in the next few years if domestic suppliers such as China Rongsheng and Yangzijiang Shipbuilding quickly modernise their drydocks and close the technology gap with South Korean competitors.
  • Baltic index edges higher after 2-day fall
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, turned positive on Wednesday, helped by modest iron ore cargo business.

Sched Netweb site
  • Hapag-Lloyd first half operating profit off 88pc to US$59.7 million
  • Port Tracker says 'healthy holiday season' will follow soft summer imports
  • Rioters destroy Sony DC - Tesco, Sainsbury, Argos, close shop early
  • Cosco profit warning: blames high fuel, low rates for expected profit loss
  • Matson quarterly container volume up 6pc, but profit declines 75pc
  • Security contractors firing small arms repulse multi-pronged pirate attack
  • People's Bank pledges China's support for Euro sovereign debt bonds
  • Shaanxi cuts road tolls for pork truckers, soon other perishable carriers
  • Alashankou's half-year trade value up 20pc to US$5.5 billion in first half
  • International Chamber of Shipping lauds IMO carbon scheme, blasts EU's
  • Chennai joins Mumbai in attracting congestion fees as boxes pile up
  • American forwarder with Dutch firm detained for alleged Iran exports
  • Obama finalises fuel efficiency bill, tells truckers they'll save money
  • Cathay Pacific to buy four B777 freighters and eight B777 jetliners
  • Dragonair names Patrick Yeung CEO, replaces James Tong August 16
  • Far East leads freight May decline as European airline volume slips 0.6pc

Exim Indiaweb site
  • Baltic index taking a hit due to choppy financial waters
  • DIESL roundtable deliberates outsourcing, other opportunities & challenges in Indian logistics
  • SCI takes delivery of Supramax bulk carrier
  • Steps being taken to plug leak, contain pollution & clean affected areas
  • Handicrafts exports surge 29 pc in July
  • Sharma, Asean to press for services deal this week
  • Sri Lanka aiming at Asian shipping hub status
  • Visakhapatnam Port sets salt unloading record
  • drops 5 paise to 11-week low
  • Govt clears extra 4.33 lakh t sugar exports
  • Adani Enterprises' net sales up 63 pc in Q1

International Transport Journalweb site
AUGUST 11, 2011
  • Togolese carrier Asky increases frequencies
    The Lomé-based Togolese carrier Asky Airlines increased its capacity on services to Bamako (Mali), Brazzaville (Congo), Conakry (Guinea), Cotonou (Benin) and Kinshasa (DRC) today 1...
  • Chapman Freeborn expanding on-board courier service
    Chapman Freeborn's on-board courier service (OBC) has been transferred to new and modern headquarters at the company's main German location near Cologne-Bonn airport. The courier s...
  • World Bank and Liberian government sign road project deal
    The Liberian government and the World Bank have signed an agreement for an estimated USD 249 million for the rehabilitation of the 250 km Monrovia (Red Light)-Gbarnga-Ganta-Guinea ...
  • RFF and Eiffage sign up for large French railway project
    The Brittany-Loire valley high-speed railway line, measuring 182 km, will be an extension of the 180 km of high-speed line between Paris and Le Mans, built in 1989. The new line wi...
  • Genesee & Wyoming agrees to acquire Arizona Eastern Railway
    Genesee & Wyoming Inc has agreed to acquire the Arizona Eastern Railway (Azer) from Iowa Pacific Holdings of Chicago IL, for USD 90 million in cash, subject to adjustment for f...
  • DAF Trucks (Netherlands) to acquire stake in Tatra
    DAF Trucks and Tatra have agreed that DAF will acquire 19% of Tatra. DAF will supply engines and cabs to the Czech truck manufacturer. Tatra, founded in 1850, produces a complete p...
  • Evergreen Line wins US environment award
    The ports of Los Angeles and Long Beach have presented Evergreen Line with a 2011 clean air action plan air quality ward, an honour given to those taking extraordinary measures to ...
  • CMA CGM to invest USD 100 million in Jamaican terminal
    CMA CGM, the world's third-largest ocean carrier, is set to invest USD 100 million in Jamaica's Kingston container terminal, as part of an agreed 35-year lease, according to the Ja...
  • Rhenus awarded Tapa A security certification in Netherlands
    The German freight forwarding and logistics corporation Rhenus was recently awarded Tapa A security certification in the Netherlands. Tapa, the Transported Asset Protection Associa...
  • Insolvency threatening Viator & Vektor Logistika in Slovenia
    The Slovenian freight forwarder and logistics service provider Viator & Vektor Logistika is about to enter into receivership. Now that negotiations with the banks concerned for...
  • Amar Chouaki appointed regional sales VP at AF-KLM maintenance
    Amar Chouaki has been assigned a new mission with Air France Industries KLM Engineering & Maintenance (AFI KLM E&M). Appointed to head the sales team dedicated to the key r...
  • SIA to order eight more Boeing 777-300ERs
    Singapore Airlines (SIA) has agreed to order eight more Boeing 777-300ERs, in order to support growth plans for the years ahead. Deliveries of the new aircraft are scheduled to beg...
  • German transport association not happy with EU transport white book
    In a new position paper the German multi-modal industry association Deutsches Verkehrsforum has made recommendations to adjust the EU Commission's transport white book, which set t...
  • Union Pacific begins construction at New Mexico rail facility
    Union Pacific (UP), a US railroad company, started construction of an all-new rail facility just outside Santa Teresa. UP is investing USD 400 million towards the total cost of a p...
  • Triple WWPC power gets mining equipment to China
    The firms Westfracht and Albacor Mongolia, in conjunction with Sadleirs Global Logistics from Australia, are currently handling the shipment of 30 dumper truck bodies, each weighin...

Marine Logweb site
AUGUST 11, 2011
  • Davie Yards CEO headed back to Norway to join STX Norway
  • Coast Guard publishes proposed towing vessel inspection rules
  • Gladding-Hearn delivers boat to Fire Island Ferries
  • Siemens to supply diesel electric systems for Tidewater PSV's
  • Sinopacific delivers first PX105 to Bourbon Offshore Norway

World Wide Shipperweb site
AUGUST 11, 2011
  • TPT tops 100 million mark of board feet through the Tacoma
  • Siemens nets contract for supply vessel propulsion systems
  • Hamburg Sud earns pair of environmental honors
  • Coast Guard inks new rules for towing vessel safety
  • Panama Canal Authority renews Port Everglades alliance

Lloyd's Listweb site
AUGUST 11, 2011
  • Making inroads into Africa's port potential
    Bolloré Africa Logistics chief looks beyond the company's 13 ports to its corridor logistics that include trucking, rail freight and inland cargo depots
  • Confessions of an Africa infrastructure investor
    Projects can no longer be single-user if continent is to benefit, says investor
  • Rising MR tanker rates lift Lauritzen earnings
    Tanker arm of J Lauritzen reports improved results as average rates increase
  • Supramax owners and charterers in stand-off over fronthaul rates
    Ballasters from Pacific will put further pressure on prices over the next week though
  • Crude and product tanker rates to diverge further this year
    Latest report by McQuilling Services sees crude tanker spot rates staying low, while product markets are set to rise towards year-end
  • Shipping share price collapse outpaces fall in stock markets
    Fundamental weaknesses in the freight markets drive down companies' values
  • Tricky timing for Hapag-Lloyd
    This is not the time to get a good price for any container shipping company
  • Tullow aims to replicate African success in South America
    Opportunities at Zaedyus prospect in French Guiana 'bigger than Ghana fan system'
  • DryShips holders gain dividend of partial Ocean Rig spin-off
    Payout will be combination of Ocean Rig shares and cash
  • Eirik Raude rig benefits from Tullow Oil's growth mode
    In company's planned $1.5bn expenditure for 2011, $850m is going towards production and development and the balance for exploration and appraisal
  • Big boxships are best bet on post-crisis Europe
    Hyundai Merchant Marine takes a risk with its order for five 13,100 teu vessels
  • In celebration of maritime boffinry
    It is time to recognise the unsung heros of marine technical innovation
  • Bankers turn up the heat
    Basel III looks likely to bring greater uncertainty to the LNG sector with delays in agreeing projects and perhaps restrictions on which ones go forward
  • TEN launches fifth stock buyback in wake of market crash
    Since listing nine years ago, founding family and board have increased holding to 36%
  • Questions raised of Vietnam's $1bn LNG port plans
    Government approval means little but securing finance means everything
  • Higher costs shave SITC profits
    Intra-Asia boxline volume up 10.6% but yearly 20% growth forecast looks out of reach
  • Teekay Offshore hopes to ride parent connections to more business
    Accounting loss sends offshore company into the black
  • Teekay LNG Partners positions itself for expansion
    One-off charges leave gas carrier business in net loss
  • Teekay Tankers banks on charter cover
    Interest rate swaps drags profit down to $1.4m in second quarter
  • Noble Group profits jump despite volatile first half
    Company reports decline in iron ore volumes to China but strong growth in coal and grains
  • Marinakis group extends order after HMM boxship charter
    South Korean operator to take five of Container Carriers' 5,000 teu newbuilds on long-term charter at a reported $29,900 per day
  • Teekay Corp sinks to $36m loss
    Tanker giant hit by declining rates and vessel oversupply
  • Shipping is heading for the rocks
    DVB Bank chief predicts more foreclosures and highlights failure to build up liquidity
  • Tui postpones Hapag-Lloyd sale
    German box giant's second-half results hit by declining freight rates and significantly higher fuel costs
  • Sovcomflot quashes talk of Gaddafi tankers acquisition
    Russian giant distances itself from market rumours that GNMTC fleet is up for sale
  • Namura readjusts forecast for fiscal year 2012 as net income plummets
    Shipbuilder says yen appreciation hitting yards and urges government to intervene
  • Delaying the inevitable
    The industry can never consolidate and flush itself clean if financial 'flexibility' postpones the inevitable

Fairplayweb site
AUGUST 11, 2011
  • US towing proposal could cost owners
    VESSEL operators hiring US-flagged tugs could eventually need to pay higher rates as a result of towing inspection rules proposed today
  • Hapag-Lloyd swings to losses
    GERMAN box line Hapag-Lloyd said today its operating result was positive in the second quarter, but financing costs led to a swing to net losses
  • DVB ramps up lending
    GERMAN shipping and transport finance bank DVB said today it drove up its lending capacity in the first half of the year
  • TCC files shipper suits
    TCC HAS filed a barrage of lawsuits against its former shippers that will test the enforceability of the basic service contract
  • J Lauritzen sends warning
    DENMARK'S bulk shipping group J Lauritzen has warned that its full-year results will be weaker than forecast and below those of 2010
  • DPW shares back $850M loan to parent
    SHARES of Dubai Ports World are reportedly backing an $850M syndicated loan to its holding company parent, Port & Free Zone World
  • Yangzijiang posts record first-half profits
    CHINESE shipbuilder Yangzijiang Shipbuilding today announced record profits for the first half
  • Brightoil sees rise in Chinese demand
    HONG KONG-listed bunker supplier Brightoil Petroleum has reportedly forecast an 8-10% rise in Chinese demand for fuel this year
  • Ocean Tankers ships detained
    SHIPS belonging to Cypriot shipping outfit Ocean Tankers are understood to have been detained as their owner faces financial difficulties, Fairplay has been told
  • STX Pan Ocean returns to profits
    STX PAN Ocean said today it returned to profits - but barely - during this year's second quarter

The Journal of Commerceweb site
AUGUST 11, 2011
  • Obama to Congress: Send Me a Highway Bill
    President Obama urged Michigan factory workers on Thursday to "tell Congress to get past their differences and send me a...
  • Survey Sees Major Shift of Truck Freight to Intermodal
    Shippers shifted freight from all-truck modes to intermodal at the fastest pace in years during the second quarter, according to...
  • US Trade Deficit Balloons to Three-Year High
    The U.S. trade deficit rose in June to its highest level since October 2008 as soft overseas demand reduced industrial...
  • Saddle Creek Adds Chicago, Jacksonville Sites
    Saddle Creek is adding facilities in Chicago and Jacksonville, Fla., expanding its network of contract logistics and distribution centers by...
  • Hapag-Lloyd Profit Plunges 87 Percent
    Hapag-Lloyd's second quarter profit tumbled to 26 million euros ($37 million) from $294 million in the second quarter of 2010...
  • DOE Awards $175 Million for Vehicle Fuel Projects
    The Department of Energy distributed $175 million in fuel efficiency research awards to 40 "advanced vehicle" projects following President Obama's...
  • Seaspan Takes Third 13,100-TEU Ship
    Container ship owner-charterer Seaspan took delivery of the third in a series of eight ships with capacities of 13,100 20-foot-equivalent...
  • Logistec to Expand, Modernize Brunswick Terminal
    Logistec USA will invest $5 million in Georgia's Port of Brunswick to expand its capacity to handle exports of biomass...
  • Bulk Truckers Grew 12.3 Percent in 2010
    The nation's top bulk trucking companies increased revenue 12.3 percent in 2010, with combined sales reaching $3.1 billion, according to...
  • RailAmerica Carload Traffic Falls 6.8 Percent
    Weaker coal traffic pushed rail carloadings down 6.8 percent in July at short line operator RailAmerica compared to the same...
  • Green Alliance Cuts Halifax Port Call
    The Green Alliance, formerly known as the CKYH alliance, will discontinue in September its weekly container service to the Port...
  • Congestion Worsens at Port of Chennai
    Singapore-based ocean carrier APL said it is struggling to connect exports via terminals in India's Port of Chennai because of...

Containerisation Internationalweb site
AUGUST 11, 2011
  • Hapag-Lloyd still sees operating growth Q2 11
  • Textainer powers ahead in H1 11
  • 100% scanning 'unlikely' to meet 2012 deadline, say commentators
  • Europe/sub-Saharan Africa trade surge
  • Falling bunker prices help hard-pressed liners

TradeWindsweb site
AUGUST 11, 2011
  • Irving pursues expansion
    Offshore affiliate of Canadian transport giant is on the lookout for tonnage following acquisition of Italian anchor-handler.
  • Cancellation stings Otto
    Singapore-listed shipbuilding and offshore syndicate sees red in the second following collapse of Mosvold Supply AHTS order.
  • Cantor upgrades Navios
    Bulker stock drop has created "the perfect entry point" if you are looking to snap up shares of Navios Partners, analyst says.
  • TEN springs buyback
    Tsakos Energy Navigation prepares to splash $20m on stock despite tanker market turmoil.
  • Derivatives tip TOO
    Second-quarter loss swells at Teekay Offshore as swaps trump surge in revenues.
  • Teekay LNG slips into loss
    Gas carrier and tanker owner hit by losses on interest rate swaps and suezmax derivative deal.
  • Teekay Corp still red
    New York-listed tanker giant racks up another loss in poor markets, but LNG provides bright spot.
  • SinOceanic turns it round
    Oslo-quoted ship investment company returns to profit in second quarter.
  • Bad times good for some
    Sovereign debt crisis reinforces Wolfgang Driese's resolve to keep DVB Bank focussed on ship and transport finance.
  • TUI cruise loss grows
    German cruiseship operation struggles with cost of fleet expansion in first nine months.
  • SCF denies Libyan deal
    Sovcomflot says it has no involvement in the purchase of tankers from Libya.
  • Record Noble figures in 1H
    Commodities and shipping conglomerate Noble Group reported record figures.
  • Cargoship grounds
    Tug and rescue boat head to scene as Turkish vessel Sun-S gets stuck in Strait of Cannakale.
  • Maersk boosts capacity
    The world's largest containership operator is about to get even bigger by expanding the size of its existing post-panamax fleet.
  • Top dry fleet back in profit
    STX Pan Ocean in optimistic mood despite tough times in its core dry cargo market.
  • Hope for bulker crew
    Seafarers on Korean ship stuck off Chennai for 17 months could go home soon after judge steps in.
  • SITC reports lower profit
    Hong Kong-listed containership company SITC reported a lower profit for the first half.

American Shipperweb site
AUGUST 11, 2011
  • Box overboard!
  • Yusen Logistics makes senior appointments
    As part of the ongoing restructuring since the merging of two NYK Group companies in April 2011, Yusen Logistics (Americas) Inc. has made several changes to the management team in its Transportation Division. John Lucas, senior vice president and g...
  • Study: 675 containers a year lost at sea
    The main industry group for the liner shipping industry said a study of containers lost at sea finds far fewer are lost than in some reports. The World Shipping Council (WSC) said Wednesday that based on survey results it estimates that "on averag...
  • Fuel, economic uncertainty reduce Hapag's profits
    The container line Hapag-Lloyd had first half operating profits of $41 million, an 88.1 percent drop from the same period in 2010, the line said in its interim financial statement released Thursday. Hapag-Lloyd said "a declining freight rate and s...
  • Hyundai joins big-ship fray
    Liner carrier Hyundai Merchant Marine this week placed an order for five 13,500-TEU ships with a South Korean shipyard, becoming the latest line to order ships of this size. The vessels would be the largest in the carrier's fleet, and would help i...
  • CMA CGM raises rates, peak season fees
    CMA CGM said Wednesday it plans to raise rates on a number of trades from mid-August through mid-September. The increases are: ' $200 per 20-foot container and $400 per 40-foot container from Pakistan and India to northern Europe and Mediterranean...
  • Maersk increases vessel size on Safari service
    Maersk Line has raised the capacity on a service linking China and South Africa by increasing the size of its vessels used on the service, according toAmerican ShipperaffiliateComPair Data . The average vessel size on Maersk's Safari 1 service, on ...
  • Cathay's first-half profits hurt by fuel costs
    Cathay's first-half profits hurt by fuel costs Cathay's first-half profits hurt by fuel costs Hong Kong-based Cathay Pacific airline said Wednesday its cargo business revenue climbed 8.7 percent in the first half of 2011, though the airline's tota...
  • Virgin Cargo's volume rises 17%
    Virgin Atlantic Cargo said Wednesday its fiscal year revenue rose 39 percent, to $362 million, on a 17 percent increase in volume. The airline carried 227,000 tons during its fiscal year ending June 30. Virgin didn't release profit figures for its...
  • DHL starts Southeast Asia truck services
    DHL Global Forwarding said it has reorganized its trucking services connecting Singapore, Malaysia and Thailand into a suite of three new and improved services: DHL ASIACONNECT, a less-than-truckload (LTL) scheduled service; DHL ASIALINE, a full-lo...

The Bunker Bulletinweb site
AUGUST 11, 2011
  • Fujairah prices firm
    Little movements in Suez bunker prices.
  • Singapore fuel oil stocks dip
    Bunker demand expected to rise on the back of lower prices.
  • Fuel oil prices stable in Rotterdam and Hamburg
    IFO 180 cSt product tight in Rotterdam.
  • 'Fuel-guzzling vessels scrapped'
    STX Pan Ocean Co back in profit.
  • ICS and ISF announce conference speaker line-up
    Agenda includes solutions for reducing emissions and a special presentation by an Arctic explorer.
  • Bulgarian court allows refinery to keep operating
    Lukoil's refinery key provider to Bulgaria's bunker market.
  • Player predicts '8% growth' in China's bunker demand
    Forecast from Brightoil executive lower than other recent estimates.
  • US shipping company predicts 'continuing operating losses'
    Posts $11.1 million Q2 loss despite higher income following higher-than-expected bunker price increases.
  • Q2 profits slump on high bunker prices
    Hapag-Lloyd says freight rates slipped in Q2.
  • IFO prices show firming trend
    Supply of bunker fuels sufficient at major Asian ports.
  • Sinopec Zhoushan starts operations at Taizhou
    Provides 380 cSt grade and MGO at Taizhou port.
  • Weekly stocks of fuel oil at South China stable
    Stocks account for 71% of the total storage capacity in the region.
  • Yangzijiang posts record performance in H1
    'Robust demand' for fuel efficient and eco-friendly vessels.
  • Japanese shipyard develops fuel saving bulk carrier
    A 200,000 dwt G-Series bulk carrier will be able to save over 10 mt of bunkers per day.
  • Aegean Q2 profits plunge 73%
    Marine fuels sales volumes down 7% to 2.64 million mt in Q2 2011 from 2.83 million mt sold in Q2 2010.

›››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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