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BRIEFS
April 20, 2011
The Business Timesweb site
Shipping News
  • China Shipping expands Los Angeles terminal
    China Shipping on Monday announced the completion of a major phase of its terminal expansion project at the Port of Los Angeles.
  • Jakarta says Somalia will help free hostages
    Somali Foreign Minister Abdullahi Omar Arsharq said that his government was committed to helping the Indonesian government release its citizens taken hostage by Somali pirates, according to a statement yesterday.
  • Ships trickle back to Japan's quake-hit ports
    Ships are starting to flow back to Japan's quake-damaged ports, the country's transport ministry said yesterday, despite the lingering nuclear crisis.
  • Chinese soya buyers cancel cargoes, defer shipment
Strait Talk
  • Going clean and green
    LAST week, the Maritime and Port Authority of Singapore (MPA) launched a comprehensive package to promote environment-friendly shipping.
Motoring
  • Sales double for Japanese bicycle retailer Asahi
    Tokyo residents haunted by the memory of how the March 11 earthquake shut the world's busiest subway system are returning to bicycle travel, doubling the sales of retailer Asahi Co in the area last month.
  • AIG to sell rail-car leasing unit valued at US$600m
    American International Group Inc, the insurer rescued by the U.S. government, agreed to sell a rail-car leasing unit to Perella Weinberg Partners LP, the two companies said on Monday in a joint statement.

The Business Timesweb site
Shipping News
  • China Shipping expands Los Angeles terminal
    China Shipping on Monday announced the completion of a major phase of its terminal expansion project at the Port of Los Angeles.
  • Jakarta says Somalia will help free hostages
    Somali Foreign Minister Abdullahi Omar Arsharq said that his government was committed to helping the Indonesian government release its citizens taken hostage by Somali pirates, according to a statement yesterday.
  • Ships trickle back to Japan's quake-hit ports
    Ships are starting to flow back to Japan's quake-damaged ports, the country's transport ministry said yesterday, despite the lingering nuclear crisis.
  • Chinese soya buyers cancel cargoes, defer shipment
Strait Talk
  • Going clean and green
    LAST week, the Maritime and Port Authority of Singapore (MPA) launched a comprehensive package to promote environment-friendly shipping.
Motoring
  • Sales double for Japanese bicycle retailer Asahi
    Tokyo residents haunted by the memory of how the March 11 earthquake shut the world's busiest subway system are returning to bicycle travel, doubling the sales of retailer Asahi Co in the area last month.
  • AIG to sell rail-car leasing unit valued at US$600m
    American International Group Inc, the insurer rescued by the U.S. government, agreed to sell a rail-car leasing unit to Perella Weinberg Partners LP, the two companies said on Monday in a joint statement.

The Business Timesweb site
Shipping News
  • China Shipping expands Los Angeles terminal
    China Shipping on Monday announced the completion of a major phase of its terminal expansion project at the Port of Los Angeles.
  • Jakarta says Somalia will help free hostages
    Somali Foreign Minister Abdullahi Omar Arsharq said that his government was committed to helping the Indonesian government release its citizens taken hostage by Somali pirates, according to a statement yesterday.
  • Ships trickle back to Japan's quake-hit ports
    Ships are starting to flow back to Japan's quake-damaged ports, the country's transport ministry said yesterday, despite the lingering nuclear crisis.
  • Chinese soya buyers cancel cargoes, defer shipment
Strait Talk
  • Going clean and green
    LAST week, the Maritime and Port Authority of Singapore (MPA) launched a comprehensive package to promote environment-friendly shipping.
Motoring
  • Sales double for Japanese bicycle retailer Asahi
    Tokyo residents haunted by the memory of how the March 11 earthquake shut the world's busiest subway system are returning to bicycle travel, doubling the sales of retailer Asahi Co in the area last month.
  • AIG to sell rail-car leasing unit valued at US$600m
    American International Group Inc, the insurer rescued by the U.S. government, agreed to sell a rail-car leasing unit to Perella Weinberg Partners LP, the two companies said on Monday in a joint statement.

Sched Netweb site
  • CMA CGM levies round-the-world many rate hikes in US$600/FEU range
  • Wan Hai joins Cosco-KTMC intra-Asia Shanghai-Port Klang CSE Service
  • Antwerp shakes off recession as volumes top 2008 record levels
  • BIMCO suggests layups to stem rate slide, but doubts it will happen
  • Kuehne + Nagel's first quarter profit up 17.6pc to US$171.4 million
  • Agility moves Asia Pacific headquarters from Hong Kong to Singapore
  • Pirates take ransom cash, but renege on deal to let all crew go
  • Singapore's Applied Materials, Institute of Microelectronic to set up packaging centre
  • Volga-Dnepr flies outsize medical van into Sendai as relief aid
  • Mumbai airport cargo volume grows 13pc over fiscal year
  • DHL recovers after quitting US domestic delivery, thanks to Dell and Amazon

Exim Indiaweb site
  • Seabird CFS-Mundra handles first LCL consolidation of export cargo
  • Coffee exports could tumble 20-30 pc in 2011-12
  • Exports grow 37.1 per cent to $ 245.9 bn in 2010-11
  • Fieo taking part in Hong Kong's India Sourcing Fair from April 20-23
  • Mundra Port consolidating its position as alternative box gateway
  • Test freight train travels 10,300 km from China to Germany in just 16 days
  • 12th Five-Year Plan growth targets may overlook ground reality
  • DGFT initiates strict measures for cotton yarn export registration
  • India gains entry into OECD pact on chemical safety data
  • Fresh bid to end stalemate in WTO trade talks this week
  • Globally networked Customs mooted to stop illicit fund movement through export invoicing route

International Transport Journalweb site
APRIL 19, 2011
  • Air France launching two new African destinations
    Starting today and tomorrow, Air France will fly twice weekly to Freetown, the capital of Sierra Leone and Monrovia, the capital of Liberia. These two new destinations will bring t...
  • FAA downgrades Barbados
    The US Department of Transportation's Federal Aviation Administration (FAA) announced that Barbados does not comply with the international safety standards set by the International...
  • CN improves service for grocery and consumer goods market with acquisition of 1,000-plus domestic containers
    The Canadian National Railway Company (CN) has acquired more than 1,000 new domestic containers to better serve manufacturers and distributors of grocery and consumer goods in dome...
  • Brazil: sale of light transporters booming
    According to the Brazilian Automobile Manufacturers Association Anfea more light transport vehicles were sold again in the country in March. Sales rose by 14.1%, compared to t...
  • Transinfo Expeditie buys six Talson trailers from Tirsan
    The Dutch company Transinfo Expeditie, which provides a comprehensive range of logistics services, has purchased six Talson mega garment trailers from the Turkish trailer manu...
  • IRU says EC energy tax plan will increase unemployment
    The European Commission's new proposal to revise the EU Directive on the taxation of energy products aims to ensure that the taxation of energy maintains the proper functioning of ...
  • AAR urges US Congress to continue safety programmes
    The Association of American Railroads (AAR) has called on the US Congress to continue supporting grade crossing safety programmes, tax credits that help short line railroads remain...
  • USA: freight shipments fell in February
    The amount of freight carried by the for-hire transportation industry declined by 1.5 % in February, compared to the previous month, after two consecutive monthly increases, accord...
  • First Tiaca course success in East Africa with support of senior freight forwarders
    Twenty-four senior freight forwarding executives in East Africa added their support to the roll-out of the International Air Cargo Association's (Tiaca)'s new training programme in...
  • K Line receives Port of Long Beach Green Flag Award for sixth consecutive year
    The Long Beach CA (USA) port authority presented its prestigious Green Flag award to the Japanese shipping company Kawasaki Kisen Kaisha Ltd (K Line) on 7 April. Ocean carrier...
  • HPH end negotiations on leasing Port of Galveston
    The world's largest terminal operator, Hong Kong'based Hutchison Port Holding (HPH), has pulled out of negotiations for leasing the Port of Galveston (USA), ending a proposal that ...
  • Dublin Port Company to prepare masterplan 2011 -2040
    Dublin Port Company recently announced the commencement of a wide-ranging, public consultation process to devise a masterplan for the long-term development of Dublin Port, Ireland'...
  • Panasonic selects DHL as logistics partner in Turkey
    Panasonic has chosen DHL as its logistics partner in Turkey. DHL Supply Chain, a DHL subsidiary, will manage all the activities from the Gebze technology logistics campus, a u...
  • Boeing signs new ten year extension contract with DB Schenker Logistics
    The US aircraft manufacturer Boeing has signed a new ten-year contract extension with DB Schenker to manage its 3PL parts distribution centre at London Heathrow airport. The contra...
  • Kuehne + Nagel boosts turnover and profit in Q1/2011
    Kuehne + Nagel (K + N), the Schindellegi (Switzerland)-based global logistics corporation, boosted its Q1/2011 turnover to CHF 4.82 billion, a handsome 16.4% more than the CHF 4.60...
  • OWL promotes three managers to key business development positions
    Ocean World Lines (OWL), the globally active NVOCC and a subsidiary of US-based Pacer International, has promoted three people with immediate effect. Lynn Ocasio has become the

Marine Logweb site
APRIL 19, 2011
  • Horizon Lines names Bill Hamlin as Senior VP Operations
  • Power barges installed in Venezuela
  • Dockwise T-0 to have W'rtsil' propulsion package

World Wide Shipperweb site
APRIL 19, 2011
  • Congressman secures funding for Coos Bay Rail Line upgrades
  • United Arab Emirates joins IMO antipiracy program
  • Horizon Lines taps Hamlin as operations senior VP
  • Container volumes rising at Port of Tacoma terminals
  • Evergreen joining Wan Hai Line for Taiwan/Madras Trunk Service

Lloyd's Listweb site
APRIL 19, 2011
  • Falling US oil demand hits VLCC shipments
    VLCC fixtures to US Gulf halved in 2011, partly due to rise in production of LNG and LPG in Qatar
  • Panamax rates braced for operating cost levels
    Pacific round voyage route could fall as low as $6,000 per day by end of April on lack of cargoes
  • Aframax spot charters boosted as Easter break looms
    A short working week ahead of Easter weekend across many European countries has seen a rush of charterers in the aframax tanker spot market, which has allowed owners to boost rates
  • LNG output rise to blame
    The boost in liquefied natural gas production from the Middle East has reduced demand for very large crude carriers
  • Youth and size do not always pay in the chartering market
    Large modern kamsarmax vessels are earning less money in the panamax bulk carrier spot market than older, smaller ships
  • Owners warned of 'new normal' for survival
    Owners in the dry bulk market must adjust to the "new normal" to survive, according to BIMCO's chief shipping analyst Peter Sand
  • On course for a showdown
    The plea by MSC boss Gianluigi Aponte for urgent action on piracy must be taken seriously
  • Margins to the fore
    Shareholders would probably much prefer box lines focus on the bottom line than market share
  • Belfast Harbour readies $132m investment
    Belfast Harbour will invest '92m ($131.7m) in capital projects over the next three years
  • DNV latest business to admit to snub by China
    Class society was not allowed to carry out certification services in China for three months
  • Beluga fails in bid to free detained vessel
    Beluga Houston still detained at French port of Lorient
  • Voltri Terminal strike ends
    Normal working resumes after after extensive disruption at the Genoa port facility
  • Poti to get $100m APM Terminals boost
    To operate Black Sea port in joint venture with Ras Al Khaimah Investment Authority
  • Greek ship finance sees off national economic malaise
    Shipowners still have access to funds and will be able to borrow even in the event of sovereign debt
  • Green tech raises the bar on sea trials
    Advent of IMO's energy efficiency design index likely to lead to more rigorous testing procedures before vessels enter service
  • GL gets up to speed on implementation of index
    GL already putting EEDI verification into practice
  • Class societies' dual role in spotlight
    Should class, with its conflict of interest, be repsonsible for EEDI verification?
  • Seafarer's late night call that revealed human cost of piracy
    Groundbreaking study explores the psychological damage done to kidnapped crew
  • Post-piracy care for seafarers
    The clinical study has already produced some interim documents to guide companies about what to do to help crew
  • OOCL and Wan Hai top box line profit margin league
    Mid-size outfits outshine industry heavyweights in terms of cost and capacity discipline
  • New tanker pool targets spot market
    MOL and Hafnia to operatenew pool in global LR1 panamax clean products trades
  • UAE joins IMO action plan on piracy
    Signs up to the International Maritime Organization's Djibouti framework
  • Nato anti-piracy chief cautions over use of greater force
    More robust response will lead to higher casualties among hostages
  • OOCL revenue up 17.2% but Asia-Europe still a concern
    Volumes on Asia-Europe grew 8.3% yet revenue nudged up by only 0.2%
  • RCCL inks 29 cruiseship maintenance deal
    Largest ever single after-sales deal for Wärtsilä
  • China Shipping completes LA terminal expansion
    Unveils completion of $48m expansion of its West Basin Container Terminal
  • Dunkirk in push to build LNG terminal
    EdF epected to shortly confirm delayed plans
  • MSC boss calls for urgent action against piracy
    Warns of widescale rerouting of ships and damage to global supply chains if immediate steps not taken
  • Pacific Basin gears up for handymax buys
    Dry bulk operator eyes secondhand tonnage, newbuildings and long-term charter options

Fairplayweb site
APRIL 19, 2011
  • Wärtsilä, RCCL close deal
    RCCL AND Wärtsilä have signed a five-year maintenance support agreement
  • Novorossiysk defended
    A TROIKA Bank analyst said today that rating agency Standard & Poor's was wrong to grade down Novorossiysk Commercial Seaport
  • Box imports mixed at LA, Long Beach
    IMPORTS into Los Angeles increased 10% year on year in March, while nearby Long Beach posted a 8% fall in imports over the same period
  • Greeks find 54 migrants
    GREEK port security officers at the Igoumenitsa ferry terminal have uncovered 34 migrants hiding in the cargo of an Italy-bound truck
  • Marseilles blames strikes for box drop
    FRANCE'S port of Marseilles has blamed traffic diversions by customers for a 17% fall in its container traffic during the first quarter
  • Tanker bull holds firm
    JEFFERIES analyst Doug Mavrinac has rebuffed market negativity by sticking to his prediction for a crude tanker rebound in a new research note today
  • Fuel spills as tankers collide
    ZHUHAI maritime authorities said two oil tankers have collided off the Macau Special Administrative Region, spilling about 2,000 litres of light diesel fuel, IHS Global Insight reported today
  • MOL, Hafnia to run pool
    JAPAN'S MOL and Danish products tanker operator Hafnia Management said today they will be jointly running Straits Tankers, a LR1 pool
  • Capesize owners struggle
    BROKERS in Singapore today told Fairplay Capesize owners in West Australia and Brazil are struggling with mixed fortunes this week
  • Seadrill buys back shares
    SEADRILL has announced that it has bought back 400,000 of its common stocks through market purchases at an average price of 181.15 kroner ($31.7) per share
  • Hansen warns of box price war
    RICKMERS Maritime Trust's CEO today told Fairplay box liners need to learn from the 2009 shipping crisis and reject price wars
  • Barge robbed off Singapore
    THE MASTER and crew of a tug were not aware that robbers had boarded a barge it was towing until Singapore's coastguards alerted them, ReCAAP ISC reported today
  • Crash causes new PT Berlian Laju delay
    INDONESIAN chemical tanker player PT Berlian Laju has again been forced to delay issuing its 2010 results
  • OOCL unveils gains
    HONG Kong's OOCL said today it had up 12.6% higher liftings year-on-year for 1Q2011

The Journal of Commerceweb site
APRIL 19, 2011
  • Hub 1Q Profit Rises 21 Percent to $10.5 Million
    Intermodal service provider Hub Group reported a $10.5 million profit for the first quarter, up 21 percent from a year...
  • Panama Free Trade Pact Ready for Congress
    U.S. Trade Representative Ron Kirk said the free-trade agreement between the U.S. and Panama is ready to be considered by...
  • NY-NJ Terminals to Close on Friday
    All marine terminals in the Port of New York and New Jersey will be closed Friday, April 22 because of...
  • Obama Won't Sacrifice Infrastructure for Deficit
    President Obama drew a line against slashing transportation upgrade programs to cut the federal budget deficit, less than two weeks...
  • Three Carriers to Start Taiwan-India Loop
    Evergreen Line, Wan Hai Line and Interasia Lines will launch a new weekly Taiwan-Madras Trunk service starting April 29 from...
  • India's Exports Surge 37.5 Percent to All-Time High
    India's exports reached an all-time high in fiscal 2010-11 ending March 31, surging about 37.5 percent year-over-year, the Commerce Ministry...
  • ILWU Canada Reaches Tentative Deal with BC Employers
    Negotiators for the British Columbia Maritime Employers Association and the International Longshore and Warehouse Union Canada reached a tentative collective...
  • Shipments of GPS-equipped Phones Nearly Double
    Advances in communication and navigation technologies are spurring a rapid increase in global shipments of GPS-enabled phones, Berg Insight reports. ...
  • Truckload Capacity Index Drops 10.7 Percent
    A key measure of truck capacity and demand dropped 10.7 percent last week, indicating some easing of over-the-road capacity constraints...
  • Flooding Closes Tracks in Northern Plains
    Spring floods across the northern Great Plains are closing some tracks for major railroads and short lines, delaying some shipments...
  • Horizon Lines Appoints Hamlin SVP Operations
    Horizon Lines, trying to rebuild after taking a major hit to its finances and management, named William A. Hamlin to...
  • OOCL First-Quarter Revenue Jumps 17.2 percent
    OOCL's total revenue increased 17.2 percent to $1.329 billion in the first quarter from $1.134 billion in the same quarter...
  • Canadian Freight Market Heats Up
    Rising freight demand is spilling across borders, sending spot market truck freight volume in Canada up 35 percent year-over-year in...
  • Container Carriers Earned Record Profits in 2010
    Ocean container carriers earned an estimated $14 billion in 2010, the most profitable year in the industry's history, almost cancelling...
  • Cargolux Talking With Potential Investors
    Cargolux is in talks about the sale of a stake to a strategic investor amid reports Qatar Airways wants to...
  • Japan Bullet Train to Reopen Fully
    The East Japan Railway plans to fully resume services on the Tohoku Shinkansen bullet train line by April 30. ...
  • Japanese Automakers to Monitor Radiation
    Japanese automakers will measure the radiation levels of their vehicles in a bid to dispel concerns about safety. The Japan...
  • China Shipping Expands LA Terminal
    China Shipping Container Line on Monday completed the first phase of an expansion project at its Los Angeles terminal, demonstrating...
  • Perella Weinberg Buys AIG Railcar Lease Unit
    Perella Weinberg Partners is buying the railcar leasing unit of insurance giant American International Group. The two companies did not...
  • Piracy Costs Shipping Industry Billions
    Maritime piracy costs the global shipping industry anywhere from $3.5 billion to upwards of $8 billion a year, according to...
  • Senate Bill Would Defer 100 Percent Scanning
    The battle over 100 percent scanning of U.S.-bound ocean containers is taking another sharp turn in a partisan skirmish over...

Containerisation Internationalweb site
APRIL 19, 2011
  • Piracy has to be tackled on land
  • DP World gets out of POTA
  • APM T takes control of Poti
  • DP World sees 'community care' as answer to piracy
  • OOCL's Q1 revenue up on back of volume climb

TradeWindsweb site
APRIL 19, 2011
  • Crew plucked from rig
    Windfarm survey proves troublesome as high tide threatens Belgian drilling rig and crew in the North Sea.
  • NSCSA flatlines in the first
    Middle Eastern tanker owner watches profit plummet 54% while Saudi Arabia slashes crude output on weak demand.
  • Euronav sets the stage
    Listed tanker owner opens 2011 earnings season with grim outlook despite first-quarter win.
  • Iino offloads tanker
    Brokers finger MT Maritime Management in $21m chemical tanker transaction with Japanese giant.
  • Wells cuts Crude Carriers
    Shares of Evangelos Marinakis-led tanker owner stung by downgrade as analyst issues warning about cash and credit facility.
  • Concordia sites newbuilds
    Hans Noren says Stena-controlled owner has projects ongoing which may lead to fresh products tanker orders.
  • Neptune offloads Trident
    Australian offshore company sells OSV for $14m but books a $7.5m loss.
  • Freeseas sells oldie?
    Ion Varouxakis-led owner thought to have cashed in on 1984-built vessel.
  • Wartsila inks two deals
    Finnish marine solutions provider signs contracts with Royal Caribbean and Dockwise.
  • Samsung in Pipavav punt?
    Seoul-listed shipbuilding giant tipped to take a slice of quoted Indian yard.
  • DESSC in technical switch
    John Fredriksen-controlled Deep Sea Supply will stop using third-party technical managers this year.
  • Seadrill's $13m buy-back
    Fredriksen-owned company completes the purchase of 400,000 units.
  • Genco shares on the rack
    Downgrade from Citi sparks sell-off of New York-listed bulker owner's stock.
  • MOL and Hafnia take a dip
    Japanese giant teams up with Danish outfit led by former Torm execs to form a new tanker pool.
  • SHI boosts drillship tally
    South Korean yard reveals newbuilding contract worth $607m from a company in Oceania.
  • Long Beach suffers dip
    US west coast port reports its first year-on-year decline in volumes after 15 consecutive months of growth.
  • Aegean in Panama move
    Nikolas Tavlarios-led bunker player wins exclusive concession to operate onshore facilities.

American Shipperweb site
APRIL 19, 2011
  • White House advances U.S.-Panama FTA
    The White House on Monday sent a letter to the Senate Finance and House Ways and Means committee leaders that the administration is ready for the next step of the U.S.-Panama Trade Promotion Agreement. "Panama has now fulfilled its commitments" to...
  • Senate bill would supersede scan-all mandate
    A bill introduced last week in the Senate to reauthorize the SAFE Port of 2006 would reverse a congressional mandate to scan all ocean containers by July 2012 if certain conditions are met. Lawmakers included the scan-all provision in the 9/11 Imp...
  • U.S. extends funding to China aviation cooperation
    The U.S. Trade and Development Agency said it will continue to support the U.S.-China Aviation Program and has committed an additional $875,871 to the seventh phase of the initiative. The program is operated between USTDA, Federal Aviation Administ...
  • Obsolete containership departs Beaumont site
    The combination container vesselOhiowill depart the U.S. Maritime Administration's Beaumont, Texas, reserve fleet on Tuesday.The vessel was recently sold for recycling to ESCO Marine, and its departure will reduce the number of "non-retention" vess...
  • Crowley adds containers
    Crowley Maritime Corp.'s liner services group will add 500 new containers to its equipment fleet to better serve the growing needs of shippers in Puerto Rico, the Caribbean and Central America. Once received, the company's equipment fleet will i...
  • New cargo ship to join Military Sealift Command
    TheUSNS William McLean,the newest ship in the U.S. Navy's Lewis and Clark-class of dry cargo/ammunition ships, was launched at the General Dynamics NASSCO shipyard in San Diego during a naming ceremony on Saturday.McLeanis the 12th of a projected ...
  • Hapag-Lloyd, OOCL transatlantic peak-loader
    German container line Hapag-Lloyd said last week it will offer what it calls "an extra loader voyage" in May on its SLCS2 service between Northern Europe and Montreal. The service is run in conjunction with OOCL, one of Hapag-Lloyd's partners in t...
  • CMA CGM to raise transpacific rates
    CMA CGM said Monday it will seek to raise rates on a host of trades, including the eastbound transpacific, beginning May 1. The rate increases are: ' From Asia and the Indian Subcontinent to the west coast of North America, $400 per dry 40-foot co...
  • 2010 liner profits nearly wipe out 2009 losses
    The world's top 25 container lines pocketed nearly $14 billion in profits in 2010, according to estimates from the maritime consultancyAlphaliner.The estimates include earnings from the six lines among the top 25 that don't publicly report their pr...
  • Negotiated rate agreement ruling

The Bunker Bulletinweb site
APRIL 19, 2011
  • Key Mediterranean conference ready to focus on opportunities
    Upcoming Athens conference explores how the bunker market is responding to regulatory and other challenges, and debates whether the Mediterranean should be an ECA.
  • Bunker markets down in the Middle East
    In Cape Town, deliveries available for supply up to and including May 3.
  • Rotterdam and Hamburg bunker prices fall
    Hamburg quiet with only a couple of enquiries.
  • New tanker will 'expand' bunker supplier's logistics chain
    5,000 dwt vessel to supply bunkers in St. Petersburg and regional ports.
  • New TWI figures available
    Viswa Lab's latest fuel quality benchmarking suggests over $200 pmt difference in value.
  • US naval vessels to be given 'Bunkers Easy Acquisition Card'
    Defense Department wants to make bunker buying simpler.
  • Maintenance agreement to focus on 'fuel economy'
    W'rtsil' says agreement with Royal Caribbean is the largest such deal it has with a marine customer.
  • Bunker prices dip in key ports
    Demand generally 'average', say traders.
  • Bunkerworld hosts reception during SMW
    Over 120 leading marine fuel industry players attended the reception.
  • MRPL sells second 380 cSt parcel at lower premiums
    Lower premiums attributed to higher Western arbitrage inflows, traders say.
  • WTSA lists guidelines on shipping contract negotiations
    Checklist recommends clearly defining bunker fuel surcharges throughout contract period.
  • Cargo delays squeezing Hong Kong bunker supplies
    ExxonMobil, Chevron and Sinopec cargoes now expected next week, traders say.

›››File
FROM THE HOME PAGE
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 first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
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
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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