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Independent journal on economy and transport policy
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BRIEFS
February 16, 2011
The Business Timesweb site
Shipping News
  • Rates for shipping Mid-East crude to Asia up 4.9%
    The cost of delivering Middle East crude oil to Asia, the world's busiest route for supertankers shipping two million-barrel cargoes of oil, gained for a 12th consecutive session on Monday as Chinese demand strengthened.
  • US Navy adds 5 ships to 6-year building plan
    The US Navy has added five ships to its six-year shipbuilding plan, proposing to spend US$74.7 billion for 55 ships through fiscal 2016, according to the fiscal 2012 budget.
  • Bonds of Indian shipping firms slump as freight revenues fall
    Yields on the bonds of India's biggest shipping companies are rising to records as the nation's corporate borrowing costs surge and freight revenues slump because of a glut of vessels.
Strait Talk
  • No pre-testing of bunkers, for now
    LAST week's column was concerned with an issue which the International Maritime Organization (IMO) has yet to resolve and needs to do something about urgently - lifeboat accidents.
Shipping Times
  • Obama plans big boost for transport spending
    President Barack Obama proposed a 16 per cent transportation spending increase for fiscal 2012 while tying spending on many highway, aviation and rail programmes to Congress passing a multiyear funding bill.

The Business Timesweb site
Shipping News
  • Rates for shipping Mid-East crude to Asia up 4.9%
    The cost of delivering Middle East crude oil to Asia, the world's busiest route for supertankers shipping two million-barrel cargoes of oil, gained for a 12th consecutive session on Monday as Chinese demand strengthened.
  • US Navy adds 5 ships to 6-year building plan
    The US Navy has added five ships to its six-year shipbuilding plan, proposing to spend US$74.7 billion for 55 ships through fiscal 2016, according to the fiscal 2012 budget.
  • Bonds of Indian shipping firms slump as freight revenues fall
    Yields on the bonds of India's biggest shipping companies are rising to records as the nation's corporate borrowing costs surge and freight revenues slump because of a glut of vessels.
Strait Talk
  • No pre-testing of bunkers, for now
    LAST week's column was concerned with an issue which the International Maritime Organization (IMO) has yet to resolve and needs to do something about urgently - lifeboat accidents.
Shipping Times
  • Obama plans big boost for transport spending
    President Barack Obama proposed a 16 per cent transportation spending increase for fiscal 2012 while tying spending on many highway, aviation and rail programmes to Congress passing a multiyear funding bill.

The Business Timesweb site
Shipping News
  • Rates for shipping Mid-East crude to Asia up 4.9%
    The cost of delivering Middle East crude oil to Asia, the world's busiest route for supertankers shipping two million-barrel cargoes of oil, gained for a 12th consecutive session on Monday as Chinese demand strengthened.
  • US Navy adds 5 ships to 6-year building plan
    The US Navy has added five ships to its six-year shipbuilding plan, proposing to spend US$74.7 billion for 55 ships through fiscal 2016, according to the fiscal 2012 budget.
  • Bonds of Indian shipping firms slump as freight revenues fall
    Yields on the bonds of India's biggest shipping companies are rising to records as the nation's corporate borrowing costs surge and freight revenues slump because of a glut of vessels.
Strait Talk
  • No pre-testing of bunkers, for now
    LAST week's column was concerned with an issue which the International Maritime Organization (IMO) has yet to resolve and needs to do something about urgently - lifeboat accidents.
Shipping Times
  • Obama plans big boost for transport spending
    President Barack Obama proposed a 16 per cent transportation spending increase for fiscal 2012 while tying spending on many highway, aviation and rail programmes to Congress passing a multiyear funding bill.

Sched Netweb site
  • Rates wobble as robust forecasts clash with low utilisation
  • Trade talks fail, US presses for WTO arbitration over tariff
  • China's railway minister sacked for 'severe disciplinary violations'
  • Tanger Med Port's throughput rises 70pc in 2010
  • NYK holds winter safety programme for ships crew
  • Troubles plague DP World Cochin first transshipment box terminal
  • US truckers had good year, but new safety rules will ban drivers
  • World's biggest dredger to do heavy lifting in Panama Canal
  • Indian minister vows to cut red tape and lower export costs
  • CN to invest US$1.7 billion on capital investments in 2011
  • Cathay cargo volume up 8.9pc in January to 144,402 tonnes
  • AAT's airfreight volumes grow by 27pc in January
  • US lifts ban on air cargo from Yemen
  • Budapest air freight up 32pc to 82,638 tonnes in 2010
  • Air Cargo Africa 2011 to make its debut in Nairobi

Marine Logweb site
FEBRUARY 15, 2011
  • Governor pushes offshore wind in Maryland
  • Carnival Cruise Lines sets new one-week reservations record
  • Bureau Veritas and Rio University set up joint development center
  • Budget requests funding for Kings Point renovations
  • ICS changes position on using armed guards to protect ships against pirates
  • Maersk Drilling orders two next-generation jack-up rigs
  • USCG issues safety alert on air receivers and relief valves

World Wide Shipperweb site
FEBRUARY 15, 2011
  • Port association sees ups/downs in President's budget for 2012
  • President's budget holds $101.5 million for NW Corps
  • OOCL plans to bring back Atlantic Express Shuttle service
  • Corps' Seattle District in line for funding in 2012 budget
  • Red Arrow Logistics earns NVOCC license

Lloyd's Listweb site
FEBRUARY 15, 2011
  • Excess tonnage stifles aframaxes
    Higher Worldscale rates due to rise in bunker prices rather than real strength in the market
  • April date set for Baltic's freight derivatives central screen
    BaltEx launch comes more than five years after traders' demands
  • GMS forecasts 'repercussions' as glut of scrap tonnage waits at India
    Indian scrap prices have fallen by $20-$30 per ldt in the last week, as too much tonnage swamped the Indian market
  • Fresh panamax cargoes boost longer time charters
    The Baltic Dry Index closed at 1,236 yesterday, up by 30 points on the previous day as panamax rates continued to climb after fresh cargoes entered the market
  • Irate owners plot to reclaim vessels from Korea Line
    Creditors will have to wait until June 3 to meet with ailing line as Seoul court grants application for receivership
  • Pirate operations disrupted as second mothership captured
    But navies forced to release 33 pirates as they 'were not committing an act of piracy' at the time
  • MSC boss outlines plan to 'kill piracy'
    Placing naval vessels close to pirate ships will put end to the piracy scourge
  • Identity card is US' maritime hobgoblin
    The identity card for US transportation workers has been an expensive disaster in technical and civil liberty terms, and has brought no discernible security benefits
  • Coal not containers: the real driver behind Colombia's 'canal' plans
    Investors outline plans of between $4.4bn and $7bn to build new rail links that would connect the country's Pacific coast with Medellin and later Bogot'
  • Bit-part players to feed China's iron ore appetite
    Non-traditional nations set to plug short-term supply shortage with smaller classes of bulk carriers to benefit
  • Beware rise in claims for cargo hedging losses
    Growth area of litigation as more owners, charterers and cargo interests speculate on the futures markets
  • Volatile offshore energy market insurance is 'underpriced'
  • No Valentine's cards in this year's P&I renewals
  • Colombia's fictional canal
    The idea of building a landbridge through Colombia is certainly a tale that many in the shipping industry would love to see come true
  • Cost cuts help Piraeus return to profit
    Port set to enjoy positive year in 2011 after loss-making 2009
  • Korea Line hit by US lawsuit
    Move may make it even more vital for Korea Line to seek Chapter 15 bankruptcy protection
  • GE Capital to shed GE SeaCo stake
    Seeks buyer for its 50% stake in the box leasing company
  • Omega sells minority stake to help fund newbuilding
    Offloads 20% stake in Megacore venture to pay for panamax tankers
  • Hutchison seeks $3bn for ports spin off listing
    Hires three banks to arrange loan facility for Hutchison Ports Holdings Trust
  • UASC seals $302m finance deal
    To fund three 13,100 teu containerships, the final trio of a nine-vessel series
  • US retailers predict 8% growth in 2011 box imports
    Forecasts prompts hopes that economic recovery is "taking hold"
  • Eagle Bulk breaks silence on Korea Line
    Asian dry bulk company owes $7.3m in charterhire arrears
  • Gold Containers upbeat on growth prospects
    Box leasing company's sales and leasing revenues rise in 2010
  • Box safety hurdle
    Shippers that fail to follow container stowage guidelines are a menace but also extremely difficult to police
  • ICS changes tack on use of armed guards
    Move to neutral position aimed at increasing pressure on governments to take more decisive action
  • Thoresen Thai posts dry bulk profit
    Division shows upturn with $7.8m profit in first quarter of its financial year
  • UASC first to trial onboard electronic manual database
    Shipdex system will contain details of up to 65% of newbuilding UMM Salal's engine room equipment
  • Code of safety for gas-powered ships inches closer to reality
  • GL fuel-monitoring tool set to go on the market
  • Eitzen Chemical loss deepens to $114m
    But sees market firm up in first quarter 2011

Fairplayweb site
FEBRUARY 15, 2011
  • Damaged crane closes Virginia berth
    VIRGINIA Port Authority told fairplay today that it has shut down one of three APM berths after a project carrier pulling away from a pier damaged a gantry crane
  • No escaping drybulk 'abyss'
    BIMCO is predicting continued drybulk weakness, with tonnage oversupply limiting what owners can do to pull freight rates out of the sector's slump
  • Omega sells JV slice
    NASDAQ-listed Omega Navigation has sold 20% of its stake in a joint venture with Glencore to raise money to pay for newbuildings
  • Yard fire victim dies
    A WELDER injured in a ship repair yard fire in Azerbaijan was reported today to have died
  • KL ties force Eagle to scramble
    EAGLE Bulk confirmed today it is being forced to seek spot replacement business for vessels timechartered to Korea Line
  • Repsol to ship LNG to South Korea
    SPANISH energy giant Repsol told Fairplay today it has signed a contract to supply 1.9Bn m' of LNG to South Korea's government-owned Korea Gas
  • Seized pot now up in smoke
    SPANISH police today launched an inquiry into the theft of four tonnes of seized marijuana at Valencia's port
  • January LNG cargoes to Korea rose 41%
    SOUTH Korean imports on LNG carriers increased by 41% in January, compared with that month of 2010, IHS World Markets Energy reported today
  • US imports seen growing
    US BOX imports will grow 6% in the first half of 2011, the National Retail Federation has predicted
  • Italy faces Tunisian migrant surge
    TUNISIA has reportedly boosted naval and coastguard patrols to intercept wave of migrants seeking to travel across the Mediterranean to Italy by boat
  • Smuggling bid rolled out
    GREEK coastguards have smoked out 43M packets of contraband cigarettes and arrested six crew members from a general cargo ship
  • US Army Corps budget slashed by 17%
    PRESIDENT Obama slashed $913M from the US Army Corps of Engineers budget estimate for FY2012
  • COSCO Shipping's January loads plummet
    COSCO Shipping's January volumes dropped by 22% year on year to 499,300 tonnes because Chinese New Year came earlier this year, the company has told Fairplay. COSCO Shipping's January loads plummet
  • Hutchison gains listing OK
    HUTCHISON Whampoa said today it has received conditional permission to list its port assets on the Singapore Exchange
  • Eitzen Chemical struggles in 2010
    NORWAY'S Eitzen Chemical has posted deeper losses for 2010 but is hoping that a slight improvement in the fourth quarter signals a rising trend

The Journal of Commerceweb site
FEBRUARY 15, 2011
  • White House Proposes $50 Million for Cross-border Trucking
    President Obama's proposed budget would breathe new life into a cross-border trucking agreement with Mexico, allocating $50.4 million to support...
  • Container Lessor GE SeaCo Reported for Sale
    Owners of GE SeaCo, which operates the fifth-largest container leasing fleet, are seeking a sale that puts the company's enterprise...
  • Shippers, Carriers Cite Flaws in Obama's Budget
    The president's proposed 2012 budget on Monday left a manufacturing association and a water resource group dissatisfied with the changes. ...
  • ODFL's Congdon Seeks Bigger, Longer Trucks (Video)
    Old Dominion Freight Line President and CEO David S. Congdon wants Congress to lift its ban on trucks exceeding 80,000...
  • Cuban Box Terminal Will Become Transshipment Hub
    BALBOA, Panama ' A new container terminal in the Cuban port of Mariel will become an important transshipment hub for...
  • Colombian Truckers Strike in Bogota
    Colombian truck drivers, on strike for more than two weeks, are blocking major roadways in the capital city of Bogota,...
  • Forward Air Nearly Doubles Earnings
    Forward Air nearly doubled earnings in its fourth quarter to give the airport-to-airport trucker a $32 million profit for 2010. ...
  • Ports Concerned About Federal Budget Cuts
    President Obama's proposals for a $556 billion, six-year surface transportation bill, and a national infrastructure bank are positives steps, according...
  • White House Boosts FMCSA Budget 10 Percent
    The White House is seeking a 10 percent increase in motor carrier safety funding in its 2012 budget proposal as...
  • Severe Weather Hits FedEx Profit Forecast
    FedEx is forecasting its earnings in the fiscal quarter ending this month will come up to 40 percent below earlier...
  • Retail Sales Growth Slowed to 0.3 Percent in January
    U.S. retail sales rose 0.3 percent last month, the seventh straight monthly increase but the weakest gain since June, the...
  • Japan, India to Sign Free Trade Agreement
    Japan and India will sign a free trade agreement Wednesday to eliminate import tariffs on most products traded between the...
  • Rhine Fully Reopens to Shipping
    Shipping on the river Rhine River in central Germany returned to normal Monday, Feb. 14. The river is fully open...
  • French Dockworkers, Employers Open Talks
    French dockworkers and port employers Feb. 15 began negotiations aimed at resolving a dispute over pensions that has provoked rolling...
  • Alphaliner Forecasts 14 Percent Trans-Pacific Capacity Spike
    Ocean container carriers will boost capacity between the Far East and the U.S. 14 percent in 2011 from last year,...
  • Retailers Forecast 6 Percent Import Growth
    Import cargo through the nation's 10 busiest container ports is expected to increase 6 percent during the first half of...

Containerisation Internationalweb site
FEBRUARY 15, 2011
  • SA trucking dispute turns ugly
  • US box traffic forecast to grow steadily for H1
  • UASC concludes its vessel financing programme
  • Tasmania loses last direct calls
  • China's trade gap shrinks

TradeWindsweb site
FEBRUARY 15, 2011
  • Heidmar hit by KLC cloud
    Korea Line Corp collapse sparks payment dispute between Heidmar's Sigma Tankers and Hyundai as charterer turns to court for guidance.
  • Thome chats on KLC clash
    Singapore-based shipmanager says "off-spec" bunkers are to blame for Blue Emerald's engine failure.
  • Maersk beefs up rig fleet
    Nils Andersen bets on the future of offshore drilling with $1.2bn order for jack-up pair.
  • Heavy-lift bashes crane
    Chinese ship clips structure it had just delivered as it heads out of Portsmouth port in US.
  • Traders hire Hartmann duo
    Asian commodities players return to German gas owner as they race to quench thirst for tonnage, brokers claim.
  • KLC deal 'unfavourable'
    Eagle Bulk's plan to take back ships from Korea Line comes at a poor time, JP Morgan says.
  • One dead in ship fall
    Man plunges 15 metres into skiff during exercise on anchor-handler operated by Norwegian government.
  • Stolt stymies piracy storm
    Call from founder Jacob Stolt-Nielsen for pirate 'executions' in war on shipping draws clarification from tanker company.
  • Ships returning to nest
    Nasdaq-listed Eagle Bulk looking to take bulkers back from struggling Korea Line until it can resume charter payments.
  • K-Wave washed up
    German feedership escapes structural damage after running aground on Spanish beach.
  • One dead in ship fire
    Two other workers injured as blaze engulfs Caspian Shipping vessel at Baku shipyard.
  • Yujin tanker out of action
    London-listed owner loses asphalt carrier to engine failure in Indonesia.
  • OSG and KLC faceoff
    US owner piles woe on ailing South Korean firm after filing an injunction in the US Virgin Islands.
  • Tanker saves yachtsmen
    Bow Engineer picks up four Germans whose boat took on water in south Atlantic.
  • UASC nets $300m loan
    Kuwaiti owner finances last three of nine boxships on order at Samsung Heavy with new loan facility.
  • STX in seventh heaven
    Roy Reite-led yard books sharp rise in Q4 numbers as it reveals post IPO newbuilding number seven.

American Shipperweb site
FEBRUARY 15, 2011
  • Cathay cargo volume up 8.9% in January
    Cathay Pacific and sister airline Dragonair saw air freight volume rise 8.9 percent in January, though the airlines' cargo load factors were hit by increased capacity. Cathay and Dragonair carried 144,402 tons of cargo during the month, while its l...
  • U.S. resupplies Antarctica station for 2011
    The U.S. Military Sealift Command-chartered containershipBBC Emsdeparted McMurdo Station, Antarctica, Feb. 13 after delivering more than 84,000 square feet of vital supplies in support of Operation Deep Freeze (ODF). ODF is an annual Air Force-led ...
  • ABS names Wiernicki CEO
    Christopher J. Wiernicki, ABS president and chief operating officer, will become the classification society's chief executive officer following its annual meeting in April. Robert D. Somerville will give up his CEO responsibilities, while remaining...
  • Rickmers CFO Mittelbach steps down
    Rickmers Group said Moritz Mittelbach has stepped down as chief financial officer and managing director of Rickmers Holding GmbH & Cie KG and Pacific Holdings International GmbH & Cie KG at his own request. For 10 years, Mittelbach "successfully gu...
  • Maersk nixes Panama Canal fee
    Maersk Line said this week it is canceling a fee it was due to start charging March 1 on shipments transiting the Panama Canal. The Danish line announced the fee Feb. 1 -- $20 per 20-foot container and $40 per 40-foot container -- but did not give ...
  • COSCO raising Dubai THCs
    COSCO Container Lines said this week it is adjusting the terminal handling charges it assesses on shipments from the Port of Jebel Ali in Dubai. The new THC will be roughly $215 per TEU and $282 per TEU; and $285 per TEU and $385 per FEU for danger...
  • MCC Transport adds long-line intra-Asia loop
    The Maersk Line intra-Asia subsidiary MCC Transport said it has started an intra-Asia service between ports in Indonesia, the Philippines, Japan, China, Taiwan and Malaysia. The new IA8 service runs on a 28-day rotation of Jakarta, Surabaya, Manila...
  • MSC raises U.S. West Coast/South America rates
    Liner carrier Mediterranean Shipping Co. said last week it is raising rates and bunker surcharges on shipments from the United States to the West Coast of South America. The rate increase is $300 per TEU and the bunker surcharge will go to $365 per...
  • Obama FY 2012 budget rewards DOT, DHS
    The White House on Tuesday unveiled a $3.7 trillion spending plan for fiscal year 2012 that would put the federal government on the path to cutting the deficit by $1.1 trillion over the course of a decade, stabilizing but not eliminating the annual...
  • $3.7 trillion spending plan

The Bunker Bulletinweb site
FEBRUARY 15, 2011
  • ARA demand poor as prices shoot higher
    Overnight fuel oil cargo gains of more than $20 see prices rally across Europe.
  • Baltic council considers calling for mandatory use of LNG
    Council's Director General wants 'sustainable environmental policy' for Baltic sea.
  • Spot quotes resume in Durban
    Double-digit gains in Fujairah, Suez on Tuesday.
  • Marina developer leads bid for ex-naval bunkering base
    Terminal on Adriatic coast can hold up to 11,000 metric tonnes of product.
  • Tanker rates climb as bunker prices firm
    VLCC rates surge on key Asian route.
  • Trading in Korea Line shares expected to resume
    South Korean court approves placing the dry bulk group in receivership.
  • Bunker prices up in key Asian ports
    Demand below average as prices continue to increase, traders say.
  • Increasing bunker prices a 'concern' in 2011
    Rates 'somewhat' improved in the current quarter but higher bunker prices affecting bottom line, says Eitzen Chemical.
  • South China fuel oil exports down 8% in 2010
    Exports affected by lower demand for bunkers in the region, says local sources.
  • Dan-Bunkering welcomes new bunker trader
    Arjun Sundar will be part of the company's sales team in Middelfart.
  • Two vessels detained for illegal bunkering ops
    Vessels caught transferring marine gas oil (MGO) off southeast Malaysia on Thursday, says maritime agency.
  • Philippine bunker supplier denies illegal bunkering ops
    Local supplier said it purchased tax-paid bunkers to sell to the domestic market.

›››File
FROM THE HOME PAGE
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
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