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Independent journal on economy and transport policy
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BRIEFS
February 21, 2011
The Business Timesweb site
Shipping News
  • Biggest Iran tanker operator falls victim to EU sanctions
    Iran's biggest crude oil tanker operator, NITC, has said that its ship insurers had declined to renew policy cover for the coming year due to the impact of tightening sanctions in the European Union. Western nations suspect that Iran is seeking to develop a nuclear bomb although Teheran says that its atomic programme is peaceful.

Sched Netweb site
  • Maersk reportedly orders ten 18,000-TEU ships from Daewoo
  • Petrol bomb causes severe burns in South African trucker strike
  • Maersk Alabama pirate gets 33-year term from New York court
  • Singapore expects 4-6pc GDP hike, fears rising inflation
  • Tianjin to add 2.9 million TEU capacity over five years
  • Savannah container volume rises 13pc in January
  • MSC hikes US-Asia rate US$100/TEU, $150/TEU reefer March 15
  • Safmarine to launch new Europe-India Prime-2 service in March
  • Israel Shippers Council loses members in dock labour dispute
  • JFK airport bomb plot mastermind given life term
  • Aviation marks 80th anniversary of first aircraft hijacking - 1931
  • Changi Airport air freight volume rises 4pc in January
  • Qantas to expand its air fleet through mass leasing

Exim Indiaweb site
  • Cargotec to acquire Navis
  • Maersk Lines's new ICON direct service to connect Chennai with North Europe
  • MSC is now world's top box line by capacity
  • Trade seeks more clarity before implementation
  • Russia lifts 5K tonnes of Indian potatoes
  • Aid sought to build berths at Tuticorin Port
  • Bharati plans more shipyards in W. Bengal, Orissa
  • HC stays order on box operations at RGCT
  • MoS mulls PPP model in dredging for Major Ports
  • Multi-faceted operations taking place at New Mangalore Port
  • Professional training a must to develop skilled port personnel: Dr Jose Paul
  • Rlys posts 11 pc earnings growth in Jan.
  • Trans-Siberian Railway moves cargo from Korea to Poland!
  • Bilateral trade target of $ 15 bn possible due to Malaysia pact: Sharma
  • CFI seeks service tax, excise relief for infra projects
  • DMIC to get $9-bn fund
  • Exim Bank extends $ 791-m lines of credit to 3 countries
  • Food inflation at two-month low
  • FTA with EU puts automakers on edge
  • Gold import duty hike likely
  • Infra debt funds to be launched soon: PM
  • More money-tightening measures likely: Rangarajan
  • North Carolina keen to be part of India's growth: Crisco
  • Report on boosting ornamental fish exports finalised
  • High-salaried employees exempt from UK visa cap

International Transport Journalweb site
FEBRUARY 18, 2011
  • Two new directors for KLM
    Camiel Eurlings and Erik Varwijk are set to join KLM president and CEO Peter Hartman and CFO Frédéric Gagey on the statutory managing board of KLM Royal Dutch Airlines on 1 July 20...
  • Teras Cargo and BBC Chartering form US joint venture
    Teras Cargo Transport (America) and Germany's BBC Chartering & Logistic have created a new joint venture, Teras BBC Chartering Houston, based in Houston TX (USA). The companies...
  • NYK with new Hamburg-New York sprint service
    The Japanese container shipping firm NYK Line is adding another weekly sailing between Hamburg and New York on 13 March, in the framework of its resumed Atlantic Express Shuttle (A...

Marine Logweb site
FEBRUARY 18, 2011
  • Berlian Laju Tanker gets bank commitments for $685 million term facility
  • Chouest LaShip shipyard project takes a step forward
  • Washington State passenger-only ferries headed for Tanzania
  • Contract awarded for design of new Australian research vessel
  • Somali pirates hijack American yacht
  • Maersk set to announce order for 18,000 TEU containerships

World Wide Shipperweb site
FEBRUARY 18, 2011
  • Judge's ruling paves way for Everett Marina development
  • Port of Seattle taps Wen as business development boss
  • Washington governor pleased with Coast Guard funding of barge cleanup
  • Box numbers continue to rise at Port of Tacoma terminals
  • Weekly rail freight totals remain on positive side

Lloyd's Listweb site
FEBRUARY 18, 2011
  • Canal transit tolls too high for larger tankers
    Expansion in 2014 could leave 'little monetary incentive' for tankers to transit the Panama Canal if tolls are set too high
  • Suezmax West Africa-US Atlantic rates gain about to peak
    This week's rates gain on the suezmax benchmark route between West Africa to US Atlantic coast that saw time charter equivalent earnings double to around $20,000 per day may be about to peak
  • China's return to work fails to halt slide in spot rates
    Container spot freight rates on the world's busiest trading lanes are set to fall further this week, in a delayed response the Chinese New Year holidays that closed factories in China earlier this month
  • Iron ore rates march up the hill and down again to $6.72
    Bunker fuel costs, lack of coal cargoes and excess tonnage combine to stifle rally
  • Investment in pipelines to cut Malacca Strait share of China's oil imports
    China's investment in Asian transnational oil pipelines will reduce the country's reliance on oil imports shipped through the Strait of Malacca by 23% by 2015, according to the International Energy Agency
  • US points to 'marriages of convenience' for pirates and terrorists
    US State Department has drawn links between al-Qaeda-linked terrorists and Somalian pirates
  • Singapore unveils further tax incentives
    Island state to encourage shipbuilding and repair
  • IMO advocates central anti-piracy command
    High-level meeting in London to consider unified UN command structure
  • Who are the pirates?
    In Somalia the pirates were, initially, fishermen who were seeking to frighten off foreign fishermen raiding their precious fish stocks
  • Piracy fight stuck in a legal minefield
    The complexities of international law remain a barrier to the apprehension and prosecution of pirates
  • FMC takes steps to relax shipping rules
    Move to lift red tape may save each NVOCC up to $200,000 per year
  • Analysts divided over deal's strategic implications
    It remains unclear whether the Ensco/Pride deal is the start of a merger wave
  • Rig values indicate high bid premium
    A detailed analysis of the Ensco/Pride merger comes from Egle Domataite, oil service analyst at Terra Markets in Oslo
  • Driller merger sparks talk of new wave of consolidation
    Two deals last week came as no surprise: at the high end Pride International was swallowed up by Ensco, while at the low end Seahawk sold out to Hercules
  • Golden Ocean upbeat despite Korea Line exposure
    Dry bulk owner posts $108m profits in 2010, just half $217m in 2009
  • US and Egypt clash over pirates' prosecution
    Wikileaks cables reveal US pressed for pirates to be tried and convicted in Egypt
  • Carnival Splendor returns to service
    Cruiseship en route to home port of Long Beach after undergoing repairs
  • Let fight on piracy begin
    It seems the political inertia in the fight against piracy could finally have been overcome, though translating that into action is easier said than done
  • Lloyds' true value
    The real value of Lloyds Banking Group's shipping loan book appears to be almost impossible to properly ascertain
  • Why Wall Street overvalues shipping
    Volatile nature of industry means long-term investors have mostly left, to be replaced by hedge funds and traders who distort valuations
  • Seacor puts more ships into lay up
    Has 13 vessels cold stacked as Deepwater Horizon clean-up winds down
  • Tanker barge operators seek higher charter rates
    European inland barge sector hit by surplus of double-hulled vessels
  • Ship Finance reveals $75m loan on supramax trio
    Seals $75.4m loan on three dry bulk newbuildings
  • Tui favours IPO in Hapag-Lloyd exit strategy
    Banks reported to have set initial target date for IPO although Tui denies a date has been agreed
  • Courage Marine posts $9m profit in 2010
    Dry bulk company hopeful BDI could return to 'normal' levels in one or two months time

Fairplayweb site
FEBRUARY 18, 2011
  • SFI eyes container entry
    NYSE-listed Ship Finance International today reported lower profits than expected and a potential expansion into the container sector
  • Study challenges US shortsea net
    BENEFITS from US shortsea shipping have been sharply questioned in a report to Congress
  • DSME, APM in final VLCS talks
    AP MØLLER Maersk is understood to be in final discussions with South Korea's Daewoo Shipbuilding & Marine Engineering about a potential 20-vessel order for the world's largest box ships
  • Golden Ocean sees 'uncertainty'
    BULKER owner Golden Ocean today reported a sharp year-on-year fall in net profits, but fourth-quarter earnings were stable
  • Discharge rule enforcement nears
    NEW US Coast Guard inspections targeting 'incidental discharge' procedures could spur shipping prosecutions after 13 March, law firm Blank Rome has warned
  • Not so fast, Vladimir
    RUSSIA'S antitrust agency confirmed to Fairplay today it had refused Russia's richest man permission to buy the government's 40% stake in Volga Shipping
  • Oil spills in Norway grounding
    AN EIMSKIP box ship is leaking oil after running aground off Norway, the Icelandic company said today
  • KOGAS signs LNG deals
    KOGAS has signed two contracts to buy a total of 2.4M tonnes of LNG to be shipped from the Tangguh project in Indonesia, IHS World Markets Energy reported today
  • Fondshaus sees modest KG rise
    FONDSHAUS Hamburg told Fairplay today that it expects a moderate increase in shipping equity placing in Germany this year after the 2009-10 slump
  • French port talks extended
    NEGOTIATIONS aimed at ending a strike that has been crippling French ports since the start of the year have gone into extra time
  • Courage reveals whopping profits spike
    DRYBULK carrier Courage Marine today unveiled profits of $9M for FY2010 ' a 11,900% spike compared with its $75,000 profits the previous year
  • KL share price tumbles
    KOREA Line shares dropped for the third straight day since its trading resumed on the South Korean bourse
  • Product tanker owners seen struggling
    OWNERS are struggling to reap returns on product tankers in the Atlantic Basin, according to a weekly market report from Fearnleys
  • West Oz prepares for cyclones
    MARINERS, ports and coastal communities in several parts of Western Australia face an anxious wait this weekend as two cyclones gather strength
  • VLCCs rates seen dropping for March
    BROKERS in Singapore told Fairplay today that VLCC spot rates might drop for March liftings, with tonnage expected to rise

The Journal of Commerceweb site
FEBRUARY 18, 2011
  • USPS Price Increases Take Effect April 17
    The Postal Regulatory Commission notified the U.S. Postal Service that price increases announced Jan. 13 satisfy the requirements of the...
  • Hong Kong Overtakes Memphis in Air Cargo
    Hong Kong International Airport formally overtook Memphis as the world's busiest cargo airport in 2010 with release of the full-year...
  • Norway's GTB Invest Acquires Two 13,100-TEU Ships
    Norway's GTB Invest purchased for $310 million two 13,100 20-foot equivalent unit vessels on order from Hyundai Heavy Industries, less...
  • DP World Cochin Terminal Begins Operations
    The Vallarpadam International Container Transshipment Terminal in India's Port of Cochin began commercial operations Friday, a week after it was...
  • DeFazio Targets Shippers Who Delay Truck Drivers
    Rep. Peter DeFazio, D-Ore., wants shippers to speed truck drivers through their gates or pay the consequences for excessive detention...
  • Railcar Owners Scrap Over 3 Percent of Fleet
    North American railcar owners scrapped a net 3 to 4 percent of cars they operated or held in storage during...
  • Shipper Says HOS Changes Would Hike Transport Costs
    Proposed changes to truck driver hours of service rules would raise transportation costs 1 to 3 percent, one of the...
  • LaHood Gives Florida One Week to Find Rail Options
    Transportation Secretary Ray LaHood is giving Florida lawmakers one week to see if they can salvage a high-speed rail project...
  • French Ports Cut Deal to Avert Strike
    French dockworkers called off their six-week campaign of rolling strikes Feb. 18 after reaching an agreement with port employers over...
  • Railinc's Humphrey on the Changing Railcar Fleet
    Railinc senior analyst David Humphrey, speaking to JOC in Cary, N.C., describes the size of North America's railcar fleet at...
  • A Deeper Impact
    It is a tale of two ports, but it's a story with enormous implications for how U.S. trade will move...
  • Admiralty Law's Role in Release of Shipment
    Q: I just read your Jan. 31 column concerning the international forwarder whose Hong Kong partner/agent is demanding he hold...
  • East Coast Numbers
    The 11 percent year-over-year growth East Coast ports recorded in container trade in the first 11 months of 2010, the...
  • All In for All-Water
    When CSAV announced a new service to the U.S. East Coast through the Panama Canal last month, the Chilean carrier...
  • Budget Lines
    Whether you are looking at a business or a government, there usually is no clearer evidence of priorities than a...
  • LA to Host House-Senate Transportation Hearing
    Los Angeles Mayor Antonio R. Villaraigosa will be a primary witness Feb. 23 before a joint House-Senate hearing intended to...
  • French Port Talks Go Into Fourth Day
    Talks between dockworkers and port employers to resolve a dispute over early retirement entered a fourth day Feb. 18 as...
  • ISO Certifies US Operations of DHL Express
    DHL Express received a multi-site quality management certification from the International Standards Organization for all its U.S. locations. The...
  • Manufacturing Group Predicts 5.5 Percent Growth
    A manufacturers group predicts U.S. factory production will grow 5.5 percent this year and 4.6 percent in 2012, outpacing expansion...
  • Japanese Ship Orders Triple
    Japanese export ship orders more than tripled in January, compared with a year ago. In the 14th consecutive month of...
  • Maersk Reported In $2 Billion Order for 18,000-TEU Ships
    A.P. Moller-Maersk placed a $2 billion order for 10 18,000 20-foot equivalent unit container ships with South Korea's Daewoo Shipbuilding...
  • HOS Proposal No Panacea, Attorney Says
    An attorney for the coalition that won two court victories over recent hours of service rules for truckers says the...

Containerisation Internationalweb site
FEBRUARY 18, 2011
  • US asks WTO to investigate 'unjustified' Chinese duties
  • Cote d'Ivoire: is this the final straw?
  • SA truckers reject offer and drive on
  • FMC exempts NVOCCs from publishing shipping rates
  • US court fires warning to pirates

TradeWindsweb site
FEBRUARY 18, 2011
  • Double Eagle dollars
    Seacor has revealed a tidy profit on the sale of two Jones Act tankers.
  • Bigger is better for Rem
    Age Remoy-led owner pushes up operating profit in the fourth quarter as expansion pays off.
  • Dur drops FRO estimates
    Frontline retains 'hold' from Lazard analyst Urs Dur but weak VLCC markets dash earnings forecasts.
  • Opec warning for tankers
    Oil exporter likely to scale back crude loadings this month as winter demand ebbs.
  • Four in the frame for SFI
    New York-listed SFI has tanker, bulker, boxship and offshore buys in mind for 2011 despite Q4 profit slump.
  • Russian ships clash
    Master reports Soyana not seaworthy after it was seriously damaged in smash off Arkhangelsk.
  • CECO still in red as sales dip
    Camillo Eitzen vows to continue company disposals as it cuts costs but still reports loss for the year.
  • Pipavav date slips again
    Herman Billung-led Golden Ocean sees newbuilding delivery delay stretch towards two and a half years.
  • Pressure on Davie
    Bankrupt Canadian shipyard must be solvent to bid for slice of $33bn state shipbuilding pie.
  • Maersk pens mega order
    Danish owner pulls the trigger on long-anticipated 18,000-teu giants, it is claimed.
  • Japan detains 28 ships
    Precious Shipping bulker on January's port state control list over oily water separator.
  • Courage 'cautious' on BDI
    Hsu Chih Chien-led Courage Marine rues current dry-bulk woe but posts full-year profit hike.
  • Fredriksen fires warning
    John Fredriksen's Golden Ocean says anybody, including KLC, who breaks a charter will be fiercely pursued.
  • Ferry fire doused
    No injuries reported as DFDS' Princess Seaways suffers blaze at Odense Steel Shipyard in Denmark.
  • New5 in Numb3rs
    Korea Line VLCCs get the boot from Tankers International, while George Economou picks up a tidy bonus.
  • Godafoss leaks oil
    Listing Eimskip vessel has spilled fuel off Norway after going aground.

American Shipperweb site
FEBRUARY 18, 2011
  • Corpus Christi sells former Navy property
    The Port Corpus Christi in Texas Thursday agreed to sell its Ingleside facility, the former U.S. Naval Station Ingleside, to Canyon Supply & Logistics. A separate small craft pier and some related property will be sold to Flint Hill Resources. Cany...
  • Portland balances freight movement, livability
    The Port of Portland could be a case study in how maritime engines of commerce are trying to minimize the impact of their industrial footprint to better coexist with citizens in nearby communities. Several projects on the drawing board would improv...
  • FMC ends NVO tariff-filing requirement
    The Federal Maritime Commission has ended the tariff publication requirement for non-vessel-operating common carriers. The commission voted 3-1 on Wednesday to issue a final rule that will relieve more than 3,300 licensed NVOs from publishing in t...
  • Performance Team names Miller retail president
    Santa Springs, Calif.-based third-party logistics firm Performance Team has appointed Andrew Miller to president of retail supply chain. Miller, a 30-year industry veteran, was senior vice president and general manager of West Coast operations for ...
  • Dachser forges South Africa joint venture
    Third-party logistics firm Dachser has set up a joint venture in South Africa. The enterprise employs 133 staff of and offers logistics services in Johannesburg, Cape Town and Durban. Jonen Freight Pty. Ltd. is a privately run logistics company tha...
  • CBP moves to regional command for Arizona
    U.S. Customs and Border Protection has reorganized operations in Arizona into a unified chain of command under which Border Patrol, Customs Field Operations, and Air and Marine branches answer to a single chief instead of their respective internal...
  • Maersk Alabama pirate gets 34 years
    Maersk Alabamapirate gets 34 yearsMaersk Alabamapirate gets 34 years The Somali pirate who was captured by the U.S. Navy in April 2009 after hijacking a U.S.-flag vessel and taking its captain hostage was sentenced in a Lower Manhattan courtroom Wedn...
  • Ga. Tech, MIT expand logistics programs overseas
    Georgia Tech's Supply Chain and Logistics Institute in early September opened a Logistics Innovation and Research Center in Panama to help the government turn the Central American nation into a top-flight intercontinental trade hub. Not to be outdo...
  • Cost savings for importers, exporters
  • Port moves forward
    Portland balances freight movement, livabilityThe Port of Portland could be a case study in how maritime engines of commerce are trying to minimize the impact of their industrial footprint to better coexist with citizens in nearby communities. Seve...

The Scandinavian Shipping Gazetteweb site
FEBRUARY 18, 2011
  • Difficult ice conditions off St. Petersburg
    The ice conditions in the easternmost part of Gulf of Finland have turned out to be so difficult that the Russian icebreakers are not capable of assisting all vessels. On
  • Strong krona brings positive net effect on Viking Line
    During the last fiscal year, which, as an exception, included 14 months from November 1, 2009 to December 31, 2010, Viking Line Abp's sales totalled EUR 569.9 million. In

The Bunker Bulletinweb site
FEBRUARY 18, 2011
  • Week ends with lower prices
    Crude futures head lower as traders rushed to sell off their March contracts.
  • KPI Bridge Oil opens office in Miami
    Company's fourth office in the Americas.
  • Prices mixed in Fujairah
    Spot prices for 180 cSt available in Durban.
  • IMO scrubbing system guidelines left unchanged
    Agreement at technical committee that it is too early for revision as it could hamper promising technology development.
  • DNVPS takes 'carbon neutral option'
    Fuel testing agency wants to help its customers move closer to carbon neutral operations.
  • Rotterdam market softens
    Avails tight for prompt deliveries.
  • Fuel management system 'designed for ECAs'
    Ship operators will have fuel blended 'to precisely the right sulphur content'.
  • Removing 'nightclub' will generate bunker savings
    Building materials were 'too heavy' to allow fuel efficiency.
  • Scrubber system makers nominated for 'Clean Shipping' award
    Two companies making exhaust gas cleaning systems are finalists for Seatrade Awards 2011.
  • Asian bunker prices mostly down
    Generally sluggish demand at Asia's key bunkering ports on Friday, says traders.
  • ExxonMobil sells high-viscosity parcel at lower premiums
    Easing fuel oil supplies see prices soften.
  • 'Modernisation' of Philippine terminal gets nod
    Terminal to allocate some five hectares for a bunker refuelling station.
  • Grounded ship leaking bunkers in Norway's national seapark
    Containership has about 800 mt fuel oil on board, says oil response team.
  • Singapore fuel oil stocks rebound to two-week high
    Higher arrivals of Western arbitrage volumes this week.

›››File
FROM THE HOME PAGE
Jeremy Nixon will hand over his position as CEO of Ocean Network Express to Till Ole Barrelet on July 1st.
Singapore
The German manager comes from Emirates Shipping Lines
The first three electric gantry cranes have been installed at the new intermodal terminal in Milan Smistamento.
Milan
At full capacity it will be able to handle up to 44 trains per day
Hong Kong government protests PPC's removal from Panamanian ports
Hong Kong/Beijing
Beijing government spokeswoman stressed that China will firmly protect the rights and legitimate interests of its companies.
European transport associations call for the CEF to be allocated at least €100 billion
Brussels
Chronic underfunding and financial shortfalls are lamented
The Panamanian government assigns the transitional management of the port of Balboa to APM Terminals and the port of Cristóbal to TiL
Hong Kong/Panama
CK Hutchison Holdings denounces the illegality of the terminal seizure and confirms the possibility of legal action.
Panamanian government seizes assets and equipment at the ports of Balboa and Cristóbal
Panama
The Panama Ports Company of the CK Hutchison group has been removed from the management of the two ports
Statement by rail and intermodal transport associations against gigaliners on European roads
Brussels
The current positions of the EU institutions - they denounce - all include elements that risk opening the door to a widespread diffusion of these vehicles.
The mandate of the EuNavFor Aspides mission has been extended until 28 February 2027.
Brussels
A budget of almost 15 million euros has been approved
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
Madrid
Santana: We believe that some aspects of the ETS should be monitored and, where necessary, revised.
Tidewater acquires Brazil's Wilson Sons Ultratug Participações for $500 million.
Houston
It has a fleet of 22 Platform Supply Vessels
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Washington/Suitland
An executive order confirming the suspension of the "de minimis" regime was also signed.
Slight growth in freight traffic in the port of Ancona in 2025
Ancona
Rolling stock slightly down. Passenger numbers significantly down.
Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.
London
Global Ports Holding invests over €4.5 million
One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )
Singapore
A fire broke out on the unit
SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance
Bern
The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Hamburg
Containers boosted the growth. Volumes remained stable in the fourth quarter alone.
In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.
Copenhagen
Last year, cargo traffic in Montenegro's ports grew by 1.6%.
Podgorica
Cargoes to and from Italy alone increased by +64.6%
To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah
The Hague/Dubai
DP World will keep the remaining 62.5%
Continues the bending of the traffic of the container in the port of Los Angeles
Los Angeles
In January decrease of -12.1%. Bown: the state of exports to China seems bad
In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%
Civitavecchia
In the whole year growth was +3.1%
Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN
Luxembourg/Rotterdam
The agreement includes rental agreements for over 5,000 multimodal load units
The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio
Rome
The International Chamber of Shipping against the new harbour taxes programmed by the US government
Washington
Necessary - the association emphasizes - carefully coordinated political solutions
Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri
Miami/Trieste
They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises
Hapag-Lloyd and ZIM agreed on a merger agreement
Haifa/Hamburg
The German company will pay up to $2.5 billion
America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.
Washington
It would be used to fund the new Maritime Security Trust Fund
Hapag-Lloyd to acquire Israeli ZIM
Hamburg
The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Livorno
Livorno Reefer to acquire stake in CSC
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
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