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Independent journal on economy and transport policy
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BRIEFS
October 14, 2011
The Business Timesweb site
Shipping News
  • Hurricane Jova hits Mexico's main Pacific port
    Hurricane Jova flooded the streets of Mexico's main Pacific port with torrential rain on Wednesday, inundating popular beach resorts and killing at least four people in mudslides.
  • Bold bid to pump oil from listing ship
    A salvage crew yesterday made a daring landing on a crippled container ship leaking oil off New Zealand, as the vessel's owners apologised for the country's worst sea pollution crisis.

Sched Netweb site
  • LA September container imports decline 0.16pc, but exports up 26.6pc
  • Rena's oil hits NZ beaches, ship's break-up averted as seas calm
  • OOCL updates additions, subtractions in Grand Alliance winter programme
  • Reliability improves on Asia routes in peak season, says SeaIntel
  • China hires lobbyist to help defeat US currency bill to force RMB float
  • Wal-Mart says: Keep pricing low and stop freight rate volatility
  • Hamburg Sud names sixth 7,100-TEU ship the Santa Rose
  • Transport law firm Norton Rose sees restructuring, insolvency for majors
  • Wuhan to build Yangluo port area to serve middle and upper Yangtze
  • Singapore's Infocomm Development Authority signs deal with Brazil ports
  • New Delhi urged to exempt Vallarpadam box shop from strict cabotage law
  • Saudi Arabia gives go-ahead to Red Sea-Persian Gulf landbridge railway
  • London Gateway to open in 2013 with kick-off capacity of 1.6 million TEU
  • India upgrades with Allcargo purchase of e-RTGs in Mumbai, Chennai
  • DHL Express launches weekly Bangalore-Leipzig freighter service
  • Lufthansa: High Court Frankfurt night flight ban will kill air cargo
  • Cathay commends Hong Kong chief executive's vow to enhance logistics
  • Hong Kong's AAT airport volume off 7pc to 57,209 tonnes in September
  • UPS extends electronic customs clearance offer to air cargo customers

Exim Indiaweb site
  • Bad vibrations lead to costly dispute for shipmanager
  • ICS says CO2 compensation fund could help ports adapt to climate change
  • Idling tankers projected to touch 2-decade high
  • MALA 2011 again raises the bar for industry awards
  • Piracy issue back on maritime agenda
  • Transworld Group bags 3 prestigious awards at MALA 2011
  • Coffee exports surpass $ 1 bn milestone in 2010-11
  • Exporters peeved by high global cotton output estimates
  • Exports up again in September, but deceleration on
  • Govt must provide more fillip to exports despite odds: Fieo
  • New drawback rates will benefit leather industry: CLE
  • Planning for retirement? Think deeply
  • Stop India & China abusing subsidies to boost exports: US

International Transport Journalweb site
OCTOBER 13, 2011
  • Gefco opens overland transport branch in Stuttgart
    Gefco Germany is continuing its expansion strategy and opening a new branch for overland transport in Stuttgart (Germany). On an area of 1,200 sqm the new site offers transport ser...
  • Czech Railways orders 16 Railjets from Siemens
    Siemens Mobility has received a EUR 200 million order from the Czech railway company Ceske Drahy (CD) for the delivery of 16 seven-car Railjet trains. This order involves an option...
  • ITG and Bosman start Munich-Belgium truck services
    ITG and the Dutch logistics company Wim Bosman now offer regular direct truck transportation between Munich and Belgium. This new relation comprehensively connects Belgium and Luxe...
  • FedEx Express launches new intra-India service
    FedEx Express, a subsidiary of the FedEx Corp, has launched FedEx Economy, an intra-India, door-to-door, day-definite express delivery service for ground consignments. With this la...
  • Locos upgraded for European rail freight services on High Speed 1
    DB Schenker Rail (UK) is to upgrade five class 92 locomotives for rail freight operations on High Speed 1, as it continues with its plans to introduce regular services on Britain's...
  • Würth Logistics accompanies warehouse project in Sweden
    The intralogistics team of Würth Logistics from Chur (Switzerland) was chosen in September to carry out the detailed planning and implementation of a new major project for the Swed...
  • Gebrüder Weiss expands air and sea management team
    Vojislav Jevtic has assumed the management of global product management seafreight and management project logistics and breakbulk at Weiss brothers as of 1 October. Born in Hamburg...
  • Fesco and BLG Logistics establish joint venture
    The BLG Logistics Group and Fesco have established a joint venture to develop comprehensive logistics solutions for the Russian automotive industry. The initial investment is EUR 1...
  • Damage of at least EUR 50 million from Waldhof disaster
    The river Rhine near St Goarshausen was closed for a total of 33 days due to the Waldhof disaster. The damage amounts to approximately EUR 50-55 million. Experts took about five mo...
  • EU-Russia aviation summit: normalisation and liberalisation
    At the EU-Russia aviation summit, which started yesterday in St Petersburg, European airport trade body ACI Europe denounced the lack of progress in normalising aviation relations ...
  • Boeing opens China service centre in Beijing
    Boeing this week opened a new service centre in Beijing, to provide enhanced product support to China's growing commercial aviation industry. It comprises highly-qualified pilots a...
  • Short-term night-flight ban in Frankfurt
    Just one and a half weeks before commissioning a new runway, a German administrative court has imposed a night-flight ban on Frankfurt airport. According to the planning decision f...

World Wide Shipperweb site
OCTOBER 13, 2011
  • Port of Portland Commission Oks industrial land purchase
  • Port of Everett supports newly-passed free trade deals
  • Corps closing Ballard locks for routine maintenance
  • Sea-Tac Airport marks arrival of Cargolux 747-8 freighter
  • Commerce Department report finds US exports drop during August

Lloyd's Listweb site
OCTOBER 13, 2011
  • DP World's London share listing disappoints
    Analysts point to limited free float as root of the problem
  • South-South trade can be win-win for dry bulk investors
    The new so-called Southern Silk Route is among a number of reasons to be cautiously cheerful in distressed dry bulk circles
  • Greek dry bulk spending halved in first nine months
    Canny owners play waiting game as bulker prices head downwards
  • Fincantieri's struggling Sestri Ponente yard seals $68m state aid
    Genoa port authority reported to be adding further funds
  • Shale gas poised to boost American coal exports
    The US could become the world's swing producer of coal, but only when its miners increase production
  • VLCC prices continue nosedive
    Falling values for secondhand VLCCs will lead to more owners considering the scrapping option
  • Greek bulker owners 'more optimistic' than Asian counterparts
    But fragmented industry has to discipline itself, Marine Money conference in Athens is told
  • Shipping must communicate now
    Protection of brand value and a strong communication ethos can make a company attractive to public and private equity
  • Faster than the speed of spin
    Artful words and a pledge such as that used to advertise Daily Maersk seem to lift us out of the realm of the possible
  • Weak spot market takes shine off Fairstar
    Third quarter loss hits $2.6m, but strong position anticipated for next year
  • Teekay has the financial clout and market scope for deal
    Alliance could bring expansion on a wholesale basis
  • Sevan set to reap benefits of having Teekay as a partner
    History of rescue deal reveals clues as to future game-plan
  • Product tanker values could fall by a fifth if global economy slumps again
    Under a 'stress scenario' refined product trade would decrease vessel demand, says DVB Bank's research team
  • Puerto Rico officials sued over security fee
    Shippers and liner companies describe it as discriminatory and unconstitutional
  • Mediterranean product tanker rates boosted by Turkish Straits delays
    Product tankers are latest tanker segment to be positively affected by congestion
  • China export bank pitches for more European business
    Cexim has $12bn portfolio, including 80 overseas owners, but says Chinese builders losing out this year
  • Supramax rates poised for fresh 2011 record
    US Gulf-Europe route lifts Atlantic market as pet coke cargoes drive increased demand
  • Fesco and BLG form joint venture for St Petersburg car handling
    Russian auto market to become Europe's biggest, partners say
  • Venezuela drug bust marks new high in seizures
    Discovery of 478 kg of cocaine on board Bernhard Schulte-managed bulker highlights rising trend in maritime drug smuggling cases
  • Trailer Bridge receives second delisting notice
    All eyes on $82.5m bond maturity in November
  • Rena master has 'exemplary record'
    New Zealand 'found no problems' with vessel during September inspection
  • Capesize rates reach 11-month high
    Pacific round voyage tops $30,000 a day as Australia's Rio Tinto reports record iron ore production in third quarter
  • Rena's P&I insurer confirms cover is capped
    New Zealand can look to IMO but its failure to ratify recent conventions means provisions are limited
  • Albanese links Rena incident to need for shipping reform
    'Very grave error' to think that domestic shipping industry does not matter
  • New arbitration centres will take time to evolve
    While Singapore presents a challenge to London new players will have to wait their turn
  • Kanway opens service to Vietnam
    Taiwan operator betting on increased trade between southern China and Hai Phong
  • Costamare apologises to New Zealand
    Owner of Rena cites 'great regret' at anguish caused by 350-tonne spill as Tauranga port closes overnight
  • Hamworthy says orders are healthy
    UK supplier reports stable market conditions
  • Carry on regardless
    Shipping never ever throws a collective hissy fit and stops serving the global economy
  • A solid boost to trade
    Improved sentiment on both sides of the Pacific is reason to smile

Fairplayweb site
OCTOBER 13, 2011
  • Staggering Saga sells VLCC
    NORWAY'S Saga Tankers said today it has sold its second ship in six weeks and warned that it risks breaching covenants in loans
  • LNG subsidy approved
    THE EC has approved a 925M zolty ($277M) subsidy for building an LNG terminal in Poland, IHS World Markets Energy reported today
  • Wider box ship layups seen
    BOX SHIPPING companies might need to lay up vessels aggregating more than 1M teu to rebalance the market and stop the rate fall, a BIMCO analyst has warned. Wider box ship lay-ups predicted
  • Goa iron ore slowed
    IRON ORE exports through Goa, India's biggest exporter state, are being squeezed by suspension notices and orders issued against some companies for illegal mining and exports
  • VLCC value erosion cited
    THE VLCC sold today by Saga Tankers had lost more than half of its value in just 18 months, a shipping analyst pointed out today
  • Textile cargo patterns shift
    TEXTILE and apparel cargo flows into Germany have been shifting from China to other Asian countries and North Africa, a study has shown
  • Korea Line, banks plan crunch talks
    ANOTHER meeting between the receivers of the insolvent Korea Line Corp and "interested parties" is scheduled tomorrow
  • Singapore bunker prices jump
    BUNKER prices have been firming with crude at more than $100 per barrel again this week, causing Singapore prices to jump on tight supply
  • PIL nearer PST delisting
    SINGAPORE'S PIL has moved closer to its intention of delisting and privatising Pacific Shipping Trust
  • UK's WFW combines with Singapore firm
    UK SHIPPING law firm Watson Farley & Williams has entered into a venture with the Singapore firm Asia Practice
  • Indonesia might restore coal export tax
    INDONESIA could reinstate a coal export tax, which it abolished in 2006 after exporters and miners challenged the rules in court, IHS McCloskey reported today
  • Rio Tinto shipments soar
    MINING giant Rio Tinto today reported record iron ore sales for the quarter ended 30 September, as shipments gained from Western Australia's Pilbara region

The Journal of Commerceweb site
OCTOBER 13, 2011
  • J.B. Hunt Transport Profit Rises 32 Percent
    J.B. Hunt Transport Services stayed well ahead of a slowing economy in the third quarter, increasing its net profit 32...
  • DOT Chief LaHood Won't Serve Second Term
    Department of Transportation Secretary Ray LaHood said he won't stay on the job for another term, nor will he run...
  • Manufacturing Index Shows Slower Growth
    U.S. factory activity continues to grow in an unsettled economy but at a slower pace, the Manufacturers Alliance/MAPI said in...
  • DOT Freight Index Hits Three-Year High
    Freight carried by for-hire transportation providers posted a month-to-month gain of 0.4 percent in August, reaching its highest level since...
  • Rail Traffic Outpaces 2010 in Latest Week
    North America's major freight railroads hauled 2.1 percent more intermodal traffic than a year earlier in the week ending Oct....
  • FedEx Ground Opens Major North Carolina Hub
    FedEx Ground opened a $100 million sorting and distribution hub in North Carolina Wednesday that will speed package deliveries in...
  • Virginia Ports Expand Market Reach via Rail
    The Virginia Port Authority is expanding its market for discretionary container shipments into the Southeast and the Midwest through two...
  • LaHood Says Infrastructure Bill Likely by Year-End
    Transportation Secretary Ray LaHood said he thinks Congress will pass an "infrastructure program" by the end of this calendar year....
  • Japanese Container Exports to Slow, Analyst Says
    Japanese containerized cargo exports will slow to 0.2 percent in fiscal 2011, which started on April 1, after growing 9.2...
  • Hold the Shovels
    South Carolina's refusal to grant a permit to deepen the Savannah River is just a bend in the river, say...
  • Rail Peaks and Caution Flags
    North American intermodal traffic is hitting all-time weekly highs but the biggest railroads are raising caution flags about how the...
  • Prep for Fall Peak
    The rail peak season is under way for intermodal and some other cargoes, and the heads of major railroads have...
  • Analyst Says ECRI Warning Could Signal Rail Slump
    A recession forecast from the Economic Research Cycle Institute could point to a slump in rail freight volumes in coming...
  • Transplace Acquires Intermodal Marketer
    Logistics services company Transplace is expanding from its trucking base into intermodal rail by acquiring intermodal marketer Celtic International. ...
  • US Trade Deficit With China Hits Record $29 Billion
    The U.S. trade deficit narrowed slightly to a four-month low in August but the trade deficit with China hit a...
  • Agencies Detain Containers at Port of San Juan
    Federal, state and municipal agents said three containers were detained for improper placards among the 252 containers and tanks checked...
  • Congested Indian Port Suspends Export Operations
    The port-terminal authorities at Chennai, India's second-largest container gateway, temporarily suspended export cargo movements and scaled back vessel handling as...
  • Lufthansa Sees 'Major Setback' in Frankfurt Flight Ban
    SHENZHEN - Lufthansa Cargo CEO Karl Ulrich Garnadt says the carrier remains committed to an expansion plan at Frankurt Airport...
  • Frankfurt, London Heathrow Cargo Traffic Down
    Frankfurt airport in September handled 5.3 percent less freight than a year ago and London Heathrow's cargo traffic shrunk 3.7...
  • Cargolux Gets Second 747-8 Freighter, Loads First
    Cargolux has loaded cargo onto its first 747-8 freighter and will take over a second aircraft Thursday, after settling a...
  • Stranded Container Ship Expected to Break Apart
    A chartered Mediterranean Shipping Co. container ship that foundered on a reef in New Zealand's Bay of Plenty is expected...
  • DB Schenker Begins Germany-China Container Rail Service
    DB Schenker said its new daily rail container service between Germany and China, starting in late November, will more than...
  • Congress Passes Three Free Trade Pacts
    Congress on Wednesday passed free trade agreements with Colombia, Panama and South Korea. Once the terms of the deals...

Containerisation Internationalweb site
OCTOBER 13, 2011
  • Rena: salvors prepare for the worst
  • Panama Canal still on track
  • OPEC cuts demand forecast again
  • Durban suffers strike action
  • P&O Ferrymasters improves support from Libbey Leerdam

TradeWindsweb site
OCTOBER 13, 2011
  • ADM orders bulker trio
    Archer Daniels Midland puts rumours to bed as it inks order at Oshima Shipbuilding in a bid to beef up bulker arsenal.
  • Tankers fail CCM stress test
    Market titans face tough third quarter but Clarkson Capital believes OSG has what it takes to ride out the storm.
  • Dockwise seeks relaxation
    Dutch heavylift operator asks lenders to back "contingency plan" in anticipation of continued market turbulence.
  • Diamond seals Cido deal
    Wall Street legend Wilbur Ross proves cash is king as US product tanker owner secures spot in the big leagues.
  • BP boost for Sullum Voe
    BP's west of Shetland development will save Sullom Voe from eventual closure.
  • SeaBird CFO steps down
    Timothy Isden leads hunt for new finance chief as Oslo-listed seismic survey vessel owner closes in on cures for cash crisis.
  • Pay cut for Star supramax
    Nasdaq-listed owner will be bagging less from one of its ships which has rejoined Cargill for an extra year, brokers say.
  • Bollore boosts Gabon
    French group's CEO Vincent Bollore pledges $147m for upgrade at Owendo.
  • Fairstar plots spot exit
    Oslo-listed heavylift owner fights for survival in savage spot market plagued by excess capacity and declining cargo.
  • Baltic boost for Cosco stock
    World's largest bulker owner sees shares surge as dry-cargo rates set 2011 highs.
  • Where do I sign?
    Qatar Navigation's Qatari employees will get a 60% pay increase backdated to 1 September.
  • Not liable says Gigilinis
    Greek towage and salvage company says it has no responsibility for bulker wreck removal under Towcon contract.
  • USC plots huge IPO
    Russian state shipbuilding behemoth worth $3.2bn considers 25% stake sale within two years.
  • Hamworthy pumping iron
    UK-based pumps and valves firm expands its order book on tankers, FPSO and LNG orders.
  • Frontline fun short-term
    Improved showing from tanker titan's stock will be short-lived, analysts say
  • Rio Tinto looks rosé
    Mining giant's record iron ore and coking coal exports boost bulker rates in the third quarter.

American Shipperweb site
OCTOBER 13, 2011
  • Big step for U.S. trade
  • FMC publishes proposed rate index use rulemaking
    The U.S. Federal Maritime Commission has published a proposed rulemaking to amend its rules to provide common carriers and their customers with certainty and flexibility if they decide to use long-term contracts that adjust based on a freight rate...
  • OOCL exec urges better pricing, innovation
    Erxin Yao, president of OOCL (USA), urged the shipping industry to pay more attention to pricing services profitably and fostering innovation rather than trying to hold onto market share. "Faced with the challenges of today, we forgot why we suffe...
  • Congress approves FTAs
    Capitol Hill lawmakers on Wednesday approved the long-awaited free trade agreements with Colombia, Panama and South Korea, and voted to renew Trade Adjustment Assistance (TAA), the Generalized System of Preferences (GSP) and the Andean Trade Prefe...
  • GT Nexus adds social networking
    GT Nexus has launched "G2," a social networking tool. As an example, information technology applications developer said members of its GT Nexus Shipper Council - a group of shippers - are using G2 to collaborate on key initiatives. "The shipper co...
  • Panalpina starts Ludhiana, India branch
    Panalpina has opened a branch office in Ludhiana in northwestern India. It's the second India office the Swiss freight forwarder has launched recently, with a new office in Jaipur opening two weeks ago. "Ludhiana in north India is home to thousand...
  • NDO America relocates U.S. headquarters
    NDO America has leased 26,853 square feet of industrial space in Rancho Dominguez, Calif., for its new headquarters. Following building improvements, NDO plans to move to the location on Dec. 1. About 30 people will be employed at the site. Freight...

The Bunker Bulletinweb site
OCTOBER 13, 2011
  • KPI Bridge Oil appoints trader for UK office
    Manassakis has more than six years experience in the shipping industry.
  • Fujairah prices stable
    In Cape Town, deliveries were available for supply up to and including October 27.
  • New Zealand port 'not to blame' for Rena response
    Tauranga Harbourmaster not responsible.
  • Rotterdam bunker prices at their highest in four weeks
    Custom workers strike tomorrow in Piraeus.
  • 'Final reminder' for IBIA nominations
    Nominations from the Americas and Asia Pacific and users and buyers will be would looked on 'particularly favourably'.
  • 'Cold ironing' infrastructure for Rotterdam
    Pilot project has set up 120 onshore power connections.
  • Fuel oil stocks down again
    Traders predict stocks will rise before the end of the month.
  • Ports in ECAs 'vulnerable' to loss of business
    Increased shipping costs could see cargo rerouted to ports outside regulated zone, says UK Chamber of Shipping official.
  • Bunker prices largely up at Asian bunker hubs
    Some suppliers in Singapore not offering due to limited avails.
  • South Korean firms developing LNG bunkering system
    Agreement also includes development of an LNG-fueled vessel.
  • Dip in Singapore monthly bunker sales volumes
    Total of 3.57 million mt sold in September, 6.4% down from August volumes.
  • Contracts for first US-flagged LNG-fuelled OSVs signed
    Trinity Offshore to build vessels for Harvey Gulf International Marine.
  • WWF: Shipping levy an 'innovative' source of finance
    Global levy on shipping and aviation under consideration as sources of finance for climate and development.
  • Yang Ming ratings downgraded on 'weak market conditions'
    Weakening freight rates in Asia-Europe lanes and high bunker costs 'constrain' Yang Ming's profitability, says Taiwan Ratings.
  • Slight fall in South China's fuel oil inventories
    Volumes to rise in the coming week with post-holiday replenishment cargoes coming in.
  • Salvage efforts resume on stricken vessel
    Amid concerns that the vessel may break up due to 'substantial structural failure' sustained during bad weather.

›››File
FROM THE HOME PAGE
Hong Kong government protests PPC's removal from Panamanian ports
Hong Kong/Beijing
Beijing government spokeswoman stressed that China will firmly protect the rights and legitimate interests of its companies.
European transport associations call for the CEF to be allocated at least €100 billion
Brussels
Chronic underfunding and financial shortfalls are lamented
The Panamanian government assigns the transitional management of the port of Balboa to APM Terminals and the port of Cristóbal to TiL
Hong Kong/Panama
CK Hutchison Holdings denounces the illegality of the terminal seizure and confirms the possibility of legal action.
Panamanian government seizes assets and equipment at the ports of Balboa and Cristóbal
Panama
The Panama Ports Company of the CK Hutchison group has been removed from the management of the two ports
Statement by rail and intermodal transport associations against gigaliners on European roads
Brussels
The current positions of the EU institutions - they denounce - all include elements that risk opening the door to a widespread diffusion of these vehicles.
The mandate of the EuNavFor Aspides mission has been extended until 28 February 2027.
Brussels
A budget of almost 15 million euros has been approved
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
Madrid
Santana: We believe that some aspects of the ETS should be monitored and, where necessary, revised.
Tidewater acquires Brazil's Wilson Sons Ultratug Participações for $500 million.
Houston
It has a fleet of 22 Platform Supply Vessels
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Washington/Suitland
An executive order confirming the suspension of the "de minimis" regime was also signed.
Slight growth in freight traffic in the port of Ancona in 2025
Ancona
Rolling stock slightly down. Passenger numbers significantly down.
Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.
London
Global Ports Holding invests over €4.5 million
One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )
Singapore
A fire broke out on the unit
SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance
Bern
The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Hamburg
Containers boosted the growth. Volumes remained stable in the fourth quarter alone.
In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.
Copenhagen
Last year, cargo traffic in Montenegro's ports grew by 1.6%.
Podgorica
Cargoes to and from Italy alone increased by +64.6%
To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah
The Hague/Dubai
DP World will keep the remaining 62.5%
Continues the bending of the traffic of the container in the port of Los Angeles
Los Angeles
In January decrease of -12.1%. Bown: the state of exports to China seems bad
In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%
Civitavecchia
In the whole year growth was +3.1%
Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN
Luxembourg/Rotterdam
The agreement includes rental agreements for over 5,000 multimodal load units
The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio
Rome
The International Chamber of Shipping against the new harbour taxes programmed by the US government
Washington
Necessary - the association emphasizes - carefully coordinated political solutions
Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri
Miami/Trieste
They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises
Hapag-Lloyd and ZIM agreed on a merger agreement
Haifa/Hamburg
The German company will pay up to $2.5 billion
America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.
Washington
It would be used to fund the new Maritime Security Trust Fund
Hapag-Lloyd to acquire Israeli ZIM
Hamburg
The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
Annual container traffic handled by the port of Algeciras remains stable.
Algeciras
A 6.2% decrease in the weight of goods in containers was recorded
The EU Commission authorizes Italy to provide financial support for rail operations in ports.
Rome
Incentives for a maximum total of 30 million euros over five years
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Livorno
Livorno Reefer to acquire stake in CSC
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
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
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
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