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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
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
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