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Independent journal on economy and transport policy
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BRIEFS
February 25, 2011
The Business Timesweb site
Shipping News
  • Faster UPS service to come to Singapore
    UPS is expanding one of its freight services to 10 more Asian ports, including Singapore, it announced yesterday.
  • Crude tanker rates fall for 6th day
    Earnings from shipping Middle East crude oil to Asia, the world's busiest route for supertankers, fell for a sixth day after demand was met to haul February cargoes.

Sched Netweb site
  • Drewry box index slips again as contract talks get underway
  • APM Terminals profit up 60pc as Yantian sales offset global loss
  • CMA CGM suspends cargo bookings to Libya
  • China expects its 2011 trade to increase 21pc to US$3.6 trillion
  • Europe's container growth to be moderate: Global Port Tracker
  • Two 13,100-TEU ships for Rickmers to join Maersk fleet
  • SeaIntel expects transpac demand to rise 15-20pc in 2011
  • Cocoa and rubber ablaze at Amsterdam Westport
  • US consumer confidence hits three-year high in February
  • New Zealand quake paralyses Lyttleton Port at Christchurch
  • Hamburg Sud christens newest 7,100-TEU box ship
  • Georgia accuses South Carolina saboteurs of aborting Jasper Terminal
  • Toll Holdings half-year profit up 53pc to US$165 million
  • Flynt group rebrands to Barloworld Logistics in HK, China
  • Panalpina to take over Norway's Grieg Logistics
  • Jilin to build US$486.3 million agricultural logistics park
  • Cathay lauds HK budget for commitment to global transport
  • FAA investigates Denver airport after runway breaches
  • Forwarders can now sue airlines after statute of limitation deadline

Exim Indiaweb site
  • LNG demand has vessel & freight rates zooming ahead
  • Wishlist of an Indian shipping co. to the Finance Minister
  • EU order defining ayurvedic products a trade barrier, says industry
  • Biplav Kumar assumes charge as Deputy Chairman of MPT
  • JNPT Chairman addresses naval architects
  • MPSEZ enters 1-million-TEU Club
  • Ro-ro service trial run carried out at Vallarpadam ICTT
  • Rlys allows mining firms to fund last-mile links
  • Vikas Anand takes charge as COO of DHL (India)
  • Exports will surely touch $ 500 bn by 2014-15: Fieo
  • Govt seeks to double exports to $ 450 bn by 2013-14
  • Leather sector urged to take advantage of Central programme

International Transport Journalweb site
FEBRUARY 23, 2011
  • Rotterdam port expansion entering sandy stage
    Maasvlakte 2, the port of Rotterdam's expansion scheme, is steadily taking on more shape. Some 190 million cbm of sand have now been sprayed onto the site. The new land will be sho...
  • Managerial changes at Imperial Reederei on 1 July
    The Imperial Reederei group is set to reshuffle its management on 1 July. The inland shipping service provider has named a successor for Karl-Heinz Bellmer, who is stepping down fr...
  • K Line announces new Asia-east coast of South America service
    The Japanese shipping company Kawasaki Kisen Kaisha Ltd (K Line) is launching ECSA, a new bi-weekly service from Asia to the east coast of South America that will be operated...
  • Augustin Quehenberger Group overshoots 2010 sales target
    The Austrian logistics service provider Augustin Quehenberger Group reported a turnover of EUR 371.8 million in 2010, thus overshooting its projected target of EUR 360 million by a...
  • GAC extends global agency network to Bahamas
    GAC's global shipping network has been further strengthened with the signing of an alliance agreement with Bahamian agency Elnet Maritime Co. Ltd. Under the terms of the pact, a co...
  • Damco: new office in port of Le Havre
    AP Moller-Maersk's logistics unit Damco has opened a new office at the port of Le Havre (France), a development that gives it a good chance of competing against other freight forwa...
  • Two more container leviathans from Rickmers for Maersk
    Two more 13,100 teu containerships have been built for the German Rickmers Group in Ulsan (Korea). The "Leo Rickmers" and the "Scorpio Rickmers" will be charter...

Marine Logweb site
FEBRUARY 24, 2011
  • Port of LA plugs in three cruise lines to shoreside power
  • Chuck Raymond steps down as Horizon Lines cops plea in price fixing case

World Wide Shipperweb site
FEBRUARY 24, 2011
  • Port of Portland Compass honor presented to Greenbrier executive
  • Navios Maritime Holdings earns Panama Excellence award
  • Cargill delivers millions to United Way charities
  • ATA truck tonnage index climbs during month of January
  • Coast Guard posthumously awards Meritorious Public Service medal

Lloyd's Listweb site
FEBRUARY 24, 2011
  • China offers to double Greek finance pledge to $10bn
    Beijing confirms its banks are willing to expand existing $5bn facility 'as long as there is demand from owners'
  • Middle East unrest throws spotlight on risk for tankers
    With political turmoil in Egypt and neighbouring countries, shipowners need to remain vigilant
  • MR product tanker rates double in one week
    Medium range product tankers on the transatlantic trade have seen rates double in a week, after an influx of fresh cargoes bound for West Africa slashed the number of vessels waiting for employment, providing a much-needed injection of confidence for owners struggling in the volatile market
  • China to be top Asian gas market
    China's gas market is one of the fastest growing in the world, according to the International Energy Agency
  • Australia set to drive growing LNG supplies
    The majority of China's growing LNG imports are shipped under long-term contracts from LNG exporters in Australia, Malaysia, Indonesia and Qatar
  • China puts its foot on the gas
    Nation's hunger for energy does not look like abating but huge reserves of shale gas in its interior may derail rising LNG import demand
  • Updated: Latest ship movement from Lloyd's List Intelligence's APEX service
    All Libyan ports shut but there are reports of some crude ports partially working
  • Grand China faces charter claim
    Greek shipowner launches arbitration proceedings against group
  • Chinese finance a worry for shipping
    Prospect of more tonnage flooding bulker and tanker sectors would drive rates down to rock bottom
  • BDI flattens as inquiries dwindle
    Baltic Dry Index falls 11 points to 1,242 today
  • Stuck in a jam
    UK's farcical attempts at evacuating Britons from Libya demonstrates that countries need a government-run marine emergency service
  • Teekay Offshore Partners full year profit shrinks
    Full-year net profit down to $78.9m from $135.63m
  • Derivatives boost Teekay LNG Partners' bottom line
    Company returns a net profit of $92.9m for full year 2010
  • Teekay Tankers eyes vessel buys
    Says 50% of its vessel operating days would rake in an average time charter equivalent rate of $24,500 a day
  • 'No clearance' for Libya evacuees to board Greek tanker
    Minerva vessel was set to pick up stranded Greek nationals after a request for help from the country's authorities
  • Teekay boss predicts more gloom for spot tanker market
    Glut of vessel deliveries will hit demand
  • Yildirim boss reveals CMA CGM investment was a 'good fit'
    Groundbreaking $500m deal is part of group's long-term strategy of private equity investment in the maritime sector
  • Libya rescue dash offers fillip for cash-strapped Greek ferry lines
    Vessels stand to earn a minimum of $344,370 per day on charter, although some are known to be on higher rates
  • Bleak outlook for dry bulk and tanker sectors
    Fundamentals in both markets look like "a classic shipping recession" says Clarkson Research Services head
  • Coustas warns over demise of KG financing
    Boxship owners will need to find up to $2bn per year in equity finance
  • Precious plans $450m bulker spree
    To buy about 20 secondhand handymax and supramax vessels
  • Shipping still attractive to private equity funds
    But investors want discounts on asset values, finance executives tell Marine Money forum
  • Grindrod reinstates order for two product tankers
    Shipping and logistics group to take delivery of ships after settlement reached over contractual dispute
  • Naval forces should not be so quick to release pirates
    How can countries such as Denmark satisfy itself about the identity of pirates from a country that has no government
  • Southampton set to boost box handling capacity
    Construction of '80m berth to add up to 750,000 teu of handling capacity at the port
  • Warning for container sector as GDP hit by general slowdown
    Growth in OECD countries in 2010 increased by 2.9% compared with 2009, which saw a fall of 3.5% from 2008
  • NSF steps into ship finance breach
    Recent Genmar deal confirms US-based fund as a leading source of alternative capital, stepping in to offer shipowners support since 2008
  • Injecting a bit of zest into coastal shipping industry
    As UK shipping minister Mike Penning declares his passion for the coastal trades, Lloyd's List suggests a few areas in need of his urgent attention

Fairplayweb site
FEBRUARY 24, 2011
  • EU NAVFOR seeks more ships
    THE Indian Ocean would need 83 destroyers instead of just 6 to respond to piracy effectively, Major General Buster Howes, operations commander of EU Navfor told Fairplay today
  • Navy ship guards closer?
    A RAND Corp senior policy analyst has told Fairplay that the killing of two US hostages by pirates this week might lead to military guards at sea
  • Teekay expands loans unit
    NYSE-listed Teekay Corp today revealed its third investment in ship mortgages, further expanding its exposure to the VLCC sector
  • LNG rate climb seen on uprisings
    NORTH Africa's political upheavals could cause a gas supply cut that would push up LNG carrier rates, Arctic Securities warned today
  • Libyan chaos forces oil rethink
    EUROPEAN importers are likely to start shipping oil from the US Gulf and West Africa if political turmoil continues to limit exports from Libya, analysts said today
  • Repsol pledges free choice on agents
    ENERGY giant Repsol today said it has imposed no curbs at the Spanish terminals it manages on which shipping agent a shipowner may pick
  • Transpetro expects exoneration
    TRANSPETRO, Latin America's largest shipping company, said it expects to be cleared by a Brazilian tribunal of overpayment allegations
  • Teekay adjusted losses widen
    TANKER giant Teekay Corp today reported higher losses than anticipated after its Suezmax and Aframax rates fell
  • Strike slows Bilbao boxes
    A ROAD haulier strike has caused severe box delays at Bilbao, a Spanish operator told Fairplay today
  • Genco earnings fall short
    NYSE-listed bulk player Genco has reported lower profits than expected and faces significant spot market exposure in 2011
  • Baltic thickest in 24 years
    VERY COLD Baltic weather has left the most sea surface icebound since 1987, according to a report by the Finnish broadcasting company YLE
  • Wilson's earnings rise
    RISING freight volumes and rates have helped Norway's Wilson record a rise in fourth-quarter profits to 32.7M kroner ($5.8M), from 26.5M kroner a year earlier
  • Sembcorp shares drop on financial results
    SHARES of Singapore's Sembcorp Marine dropped today even though the world's second-biggest rig builder declared profits last night
  • Baltic Trading predicts clear sailing
    BALTIC Trading, the spot-market drybulk offshoot of Genco Shipping & Trading, said today it has no need to tap equity markets after amendments to its credit facility
  • Bulgaria exits port deal
    BULGARIA has cancelled a ¥37Bn ($451M) loan from a Japanese bank that was to pay for building box terminals at the Black Sea ports of Bourgas and Varna.

The Journal of Commerceweb site
FEBRUARY 24, 2011
  • Con-way Freight Helps Capture Alleged Terrorist
    Alert truck terminal managers in Texas helped federal authorities identify a suspected terrorist who allegedly planned to attack multiple U.S....
  • Horizon Lines to Sell Logistics Unit
    Horizon Lines said it is in discussions to sell its logistics unit and expects to report lower fourth quarter results...
  • Horizon Pleads Guilty, to Pay $45 Million
    Horizon Lines agreed to plead guilty and will pay $45 million in fines for antitrust violations in the Puerto Rico...
  • NYK Boosts Trans-Atlantic Rates
    NYK Line plans to increase its trans-Atlantic freight rates on cargo moving in both directions as of April 1. ...
  • US Judge Fines Greek Company $2.4 Million for Pollution
    A federal judge in Baltimore on Wednesday fined a Greek ship management company $2.4 million and imposed two years probation...
  • Echo Global Logistics Sales Rise 64 Percent
    New customers and higher shipping volume pushed total revenue to $426.4 million at Echo Global Logistics in 2010, a 64.3...
  • Coast Guard to Change Ship Rebuilding Rule
    The Coast Guard is proposing changes in regulations to clarify the requirements for rebuilding Jones Act ships at U.S. shipyards. ...
  • Green Reefers Loss Widens
    Norway's Green Reefers, a refrigerated cargo ship operator, reported fourth quarter 2010 pre-tax losses widened to $24 million from $18.7...
  • MSC Hikes India-Europe Rates
    Mediterranean Shipping Company announced a general rate increase on the westbound trades from India to Europe and the Mediterranean, the...
  • UK Approves Southampton Port Expansion
    The UK port of Southampton received government approval for a $130 million project that will enable it to handle the...
  • Seaspan Seeks 10 New 10,000-TEU Ships
    Container shipowner Seaspan said it is negotiating to order up to 10 new ships that would carry up to 10,000...
  • Durable Goods Orders Fall But for Aircraft
    The Commerce Department said a 27 percent spike in commercial aircraft sales pushed total durable-goods orders up 2.7 percent in...
  • UASC Plans HQ Move as ILA Organizes
    United Arab Shipping Co. plans to move its U.S. headquarters and 80-plus jobs from New Jersey to the South Atlantic...

Containerisation Internationalweb site
FEBRUARY 24, 2011
  • Lyttelton hopeful of early resumption
  • Transpac rates plunge amid warnings of major contract reductions
  • Libya cargo operations halted
  • Rickmers takes delivery of more Maersk charters
  • Behemoth tester for Felixstowe

TradeWindsweb site
FEBRUARY 24, 2011
  • Globus returns to profit
    George Karageorgiou applauds ticker's migration to Times Square as Greek bulker owner sheds red in the fourth.
  • Horizon shares hammered
    New York-listed liner outfit's stock price tumbles 10% following DoJ shake down, executive shake up and revised earnings forecast.
  • Horizon's double whammy
    CEO Chuck Raymond packs his bags for retirement as US liner operator agrees to shell out $45m to squash price fixing probe.
  • Firms takeover Triton
    Pritzker clan sells controlling stake in US container lessor Triton to New York finance duo.
  • Fire Island splash
    New York ferry operator anticipates sizzling summer with order placed at Gladding-Hearn.
  • CMA CGM freezes calls
    World's third-largest container line cancels calls in Libya but continues to accept bookings amid clashes.
  • Trouble tonic
    Unrest in Libya and Algeria could provide a further spark for LNG spot market, Arctic says.
  • Helix hit by loss
    Owen Kratz talks up prospects in US Gulf as New York-listed subsea firm falls flat in the fourth.
  • Teekay steps on the gas
    Headline result moves up but New York listed gas carrier operator sees share price slip in the other direction.
  • Bigger a better bet for Dof
    Oslo-listed offshore owner tips improved 2011 performance as 10 newbuildings wait in the wings.
  • Trai Thien hunts cash
    US arm of Southeast Asian mini-bulker operator races to squash competition as it hunts for cash to fund six newbuildings.
  • Libyan danger money
    KG Jebsen accepts more than double market rate to take an aframax into crisis-hit country.
  • KLC a KG headache
    But veteran Tobias Konig asks Germans to choose internal solution over Wall Street to preserve system.
  • Teekay Corp lags Street
    Bjorn Moller-led shipowner sees adjusted bottom line fall further into the red than forecast in Q4.
  • Flopec extends TEN twins
    New York-listed tanker owner secures two more years of work for panamax brace amid hope flexible rates can spur its stock price.

American Shipperweb site
FEBRUARY 24, 2011
  • Pritzker Group acquires PECO Pallet
    PECO Pallet Inc. said it has been acquired by The Pritzker Group, a private investment firm owned and controlled by J.B. Pritzker and Tony Pritzker. The Yonkers, N.Y.-based pallet-rental company said the deal provides it with "substantial equity ca...
  • Trade groups back Bersin confirmation
    A group of 11 trade associations on Wednesday wrote Senate Finance Committee leaders urging a favorable recommendation to confirm Customs and Border Protection Commissioner Alan Bersin, whose future as head of the agency remains in limbo. Presiden...
  • Trucking executive calls for improved port access
    Dick Coyle, president of Devine Intermodal in West Sacramento, Calif., stressed a need for increased investment in ports to the House Transportation and Infrastructure Committee. "We have terminals up and down the Central Valley of California and o...
  • CSX opens Ohio terminal
    CSX said it has opened its Northwest Ohio Terminal, acornerstone of the double-stack National Corridorfreight rail corridor between East Coast seaports and the Midwest. Located near North Baltimore, Ohio, the new facility employs more than 200 ful...
  • U.S. truck tonnage jumps 3.8%
    Freight volumes for U.S. trucking companies surged 3.8 percent in January from December, according to the monthly tonnage index published by the American Trucking Associations. The seasonally adjusted survey of ATA members' business activity also ...
  • CSX can challenge Alabama fuel tax
    A U.S. Supreme Court ruling Tuesday clears the way for CSX Corp. to challenge Alabama''s fuel tax. Alabama imposes sales and use taxes on railroads when they purchase or consume diesel fuel, but exempts their main competitors -- interstate trucker...
  • CSAV president to step down
    Jaime Claro Valdes has resigned as president and director of Chilean container shipping company CSAV, according to a brief letter sent to the Chile''s securities commission and posted on the company''s Web site. Valdes took the company helm in Nov...
  • Maersk order caps big ship brigade
    China Shipping in January unveiled the biggest containership to hit the seas in 2011, the 13,296-TEUCSCL Star,disrupting a five-year trend of the biggest containerships in operation being delivered to the fleets of Europe's Big 3 container lines -...
  • Supreme Court ruling
    CSX can challenge Alabama fuel tax A U.S. Tuesday clears the way for CSX Corp. to challenge Alabama''s fuel tax. Alabama imposes sales and use taxes on railroads when they purchase or consume diesel fuel, but exempts their main competitors -- inte...
  • ComPair Data analysis

The Scandinavian Shipping Gazetteweb site
FEBRUARY 24, 2011
  • Europe's longest ice road reduces demand for ferry transportation
    After the opening of the 25.5 km long official ice road between the Estonian mainland and Hiiumaa ' it is said that it is the longest of its kind in
  • Spar Shipping sells Ven service
    Spar Shipping, Copenhagen, has sold its service from Copenhagen to the Isle of Ven in Oresund to Ventrafiken AB. The sale includes the passenger vessel Jeppe (flying the Swedish flag
  • Nordic LNG charters LNG carrier
    Nordic LNG has signed a contract with the Dutch shipping company Anthony Veder covering the transportation of LNG from the production plant at Risavika, Norway. The plant has an estimated

The Bunker Bulletinweb site
FEBRUARY 24, 2011
  • Fujairah market firms
    Fuel oil avails still reported to be limited in Durban.
  • Libyan protest rocks crude market
    Political protests have spread to Libya and Bahrain causing uncertainty in the crude market.
  • Bunker prices soar in key ports
    Many bunker suppliers unable to give price indications due to market volatility.
  • Bunker barge returns to service on the Thames
    Cockett Marine Oil boosts Thames operation with vessel coming from sister company in Rotterdam.
  • 'Make or break' time for IMO on GHG deal
    Head of climate and environment at Maersk says IMO could be sidelined by UNFCCC if July meeting fails to approve efficiency measures.
  • New delay on IMO regulations for gas-fuelled ships
    Target date for completing work on safety code for ships using LNG as fuel pushed back, leaving little time before stringent 2015 ECA requirements take effect.
  • Promotion at Dan-Bunkering
    Accountant Michael Jacobsen has been promoted to Business Controller.
  • Bunker prices react to surging crude oil
    Market responding to the tension in Middle East, says bunker trading manager at Gemoil.
  • Taiwanese port faces 'tight' 380 cSt supplies
    Supplier temporarily suspends offering the grade to the spot market.
  • Singapore launches initiative to encourage marine employment
    $2.3 million programme to train crew for bunker tankers and local passenger vessels.
  • Mass flow meter provider to host bunker seminar
    Seminar hopes to address ship owners' unanswered questions about the coriolis technology and its certified bunker system.
  • Sri Lankan state oil company to re-enter bunkering business
    Ministry of Petroleum Industries ordered CPC to commence bunkering operations at the 'earliest possible instance.'

›››File
FROM THE HOME PAGE
Ports of Italy: The issue of competences divides the reform
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
At the port of Marseille-Fos, general cargo traffic is increasing while bulk cargo is decreasing.
Marseille
In the first half of 2026, cruise passengers increased by +5%
The Swedish government is calling for the EU maritime ETS to be extended to more vessels.
Stockholm
Stockholm stresses the need for the ETS to remain a pillar of EU climate policy
Assiterminal will bring the issues of concession fees, investments and intermodality to the attention of politicians.
Genoa
Proposal to grant a concession fee discount to terminals that increase rail traffic
Pirate attacks on ships continue to decline
London
In the first half of this year, 38 accidents occurred compared to 90 in the first six months of 2025.
There are still six thousand sailors trapped in the Strait of Hormuz region
London
Dominguez (IMO): I remain confident that the evacuation plan can be resumed
A study highlights the significant costs and counterproductive effects of the application of the EU ETS to maritime connections with western Sicily
Palermo
For the Naples-Palermo and Genoa-Palermo routes the annual cost varies between 2.9 million and 19.9 million euros.
Fincantieri to build third ultra-luxury cruise ship for Four Seasons Yachts
Trieste
The unit will be built in the Ancona plant and will be delivered in 2031
Fermerci urges the search for resources to support rail freight transport.
Rome
Paper: from the remodulation of the PNRR we expect that resources will finally be allocated to compensate for the damages that operators are suffering
Another tanker hit by a drone in the Strait of Hormuz
Southampton
The device caused limited structural damage
New attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit by a shell which started a fire
Evergreen founder's son investigated for insider trading
Taipei
He was released on bail today
ECSA: Shipping receives a cut of its EU maritime ETS payments.
Brussels
Italy, ranked third in Europe, earns €669-787 million. Only France and Estonia allocate a specific portion of this revenue to the maritime sector.
Fincantieri acquires Next Geosolutions, WSense, Graal Tech, and Defcomm to develop the underwater segment
Trieste
The first phase of operations involves an outlay of approximately 600 million euros
A new attack on a ship in the Red Sea raises alarm over a possible resumption of Houthi actions.
Portsmouth
The accident occurred 30 nautical miles southwest of the port of Hodeidah
The Regional Administrative Court (TAR) has accepted the appeal for the annulment of the environmental impact assessment decree for the Fiumicino tourist and cruise port.
Rome
The project - explains the ruling - although speaking of a "prevalent" recreational function, actually foresees a very significant cruise component.
Transport & Environment calls for the introduction of national cruise taxes and further EU measures to mitigate their impact
Brussels
Assiterminal's proposals for amending the Ports Bill focus on port work
Genoa
According to the association, the distinction between port operations and services must be overcome
Assologistica and Assoporti also request changes to Porti d'Italia Spa.
Rome
Both associations highlight the central role of the Port System Authorities
Peruvian judiciary rules that COSCO's private port of Chancay must be subject to public oversight
File
The corrections proposed by Confitarma, ANCI, the Port Authorities and the Italian Competition Authority (AGCM) to the port governance reform
Rome
AP Møller Holding to acquire Norwegian ship leasing company Ocean Yield
Copenhagen/London/Oslo
Holds interests in a fleet of more than 70 cargo vessels
CMA CGM to Invest $1.4 Billion to Buy FedEx Supply Chain
Memphis/Marseille
The American company has nearly 10,000 employees
Brittany Ferries announces plan to scale back operations
Roscoff
The company reports that the difficulties caused by the Covid pandemic and unfair competition have been compounded by the effects of the EU ETS.
ITF and JNG agree to maintain the designation of the Strait of Hormuz as a Warlike Operations Area until July 9
London
It provides seafarers with greater protection and more adequate compensation
Assiterminal highlights the difficulty of placing Porti d'Italia, as proposed by the government, within the Italian port system and within Community law.
Rome
Cargo traffic at Chinese seaports fell by -0.4% in May
Beijing
Containers amounted to 27.5 million TEUs (+2.9%)
The administrative process for the new Port Master Plan for Augusta has begun.
Augusta
TiL (MSC Group) acquires 49% stake in Indian port of Vizhinjam
Mumbai
The stake was sold by Adani Ports for $1.4 billion
Hanseatic Global Terminals (Hapag-Lloyd Group) to acquire 20% of Eurogate Container Terminal Hamburg
Hamburg
The German shipping group will also increase its stake in the Moroccan Tanger Alliance
La Spezia is among the Italian ports that are most increasing their connections to container shipping lines.
Geneva
Among the other main national airports, Vado Ligure and Ravenna are losing connections
Spanish shipowners call for EU maritime ETS revenues to be reinvested in shipping
Madrid
Boluda: Spanish companies will inject over five billion euros into the system by 2030
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Manama
Rejected any toll, tax or attempt to exercise control over the Strait
IMO suspends evacuation operations for ships awaiting transit through the Strait of Hormuz
London/Taipei
Evergreen says its container ship was hit while following the UKMTO-recommended route.
Four entities pre-qualified for the concession of the cargo terminals of the Ukrainian port of Chornomorsk
Gdansk
These are APM Terminals, Mariner/TAS, Yilport Holding and AD Ports/SKF Holdings UK
New attack on a ship transiting the Strait of Hormuz
Southampton
The container ship Ever Lovely was hit by a shell off the coast of Oman.
In 2025, 1,478 containers were lost at sea out of a total of 280 million transported by ships
Washington
On January 1st, the IMO regulation came into force which makes reporting of boxes lost at sea mandatory
BIMCO and ICS' latest report on the maritime workforce raises alarm over officer shortages
London/Bagsværd
In 2026, there will be a shortage of 39,100 STCW certified officers.
In 2025, intermodal traffic handled by Kombiverkehr decreased by -13.5%
Frankfurt am Main
Annual revenues down 8.3%
The government's proposal to update the rules on port governance raises more than one doubt
Rome
Costa: The lack of infrastructure planning cannot be solved with a joint stock company
MSC Cruises and Meyer Werft have not yet signed contracts for four new cruise ships plus two options.
Papenburg/Geneva
The companies expressed confidence that they could successfully conclude negotiations in the coming weeks.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
Geneva
In the second quarter of 2026 it was equal to 290.0 (+2.3%)
AD Ports has completed the acquisition of an 81% stake in Global Feeder Shipping.
Abu Dhabi
In 2025, the company's ships carried 2.8 million containers
An evacuation plan has been established for ships still waiting to transit the Strait of Hormuz.
London/Muscat
Dominguez (IMO): The operation will be carried out in close cooperation with Iran, Oman, all other coastal states in the region, the USA and the maritime industry
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Miami
Fuel costs rise to near-record levels in 2022
Reducing navigation speed and optimizing port calls are the key to decarbonizing shipping
Copenhagen
A new study by the Global Maritime Forum highlights this.
ECSA and A4E reiterate the need to allocate EU ETS revenues to the decarbonisation of ships and aircraft
Brussels
Essential to bridge the price gap between sustainable and conventional fuels
AD Ports' new bid to gain control of Egypt's ALCN rejected
Cairo
A new proposal worth approximately $580 million has been submitted.
John Denholm is the new president of the International Chamber of Shipping
Rome
He succeeds Emanuele Grimaldi, who has completed his four-year term
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
ZPMC Delivers New Ultra-High Wind-Resistant Port Cranes
Shanghai
The world's tallest rail-mounted reach stackers for empty containers have also been built.
Peninsula and Itochu form joint venture to supply ammonia bunkering to European ports
Gibraltar
The initiative in response to the growing demand for zero-carbon fuels
Konecranes announced its entry into Japan
Helsinki/Tokyo
Acquisition of 70% of Mitsubishi Electric FA Industrial Products
Saipem wins $2 billion contract in Indonesia
Milan
Seven IMO regional coordinators have been introduced who will provide technical support to the organisation's Member States.
London
Jadrolinija has inaugurated its new fast maritime service Ancona-Zadar
Ancona/Zara
It provides five departures per week and a crossing of approximately four hours.
Hapag-Lloyd to reorganize services in the Adriatic
Hamburg
The port of Ancona, removed from the ADX line, will continue to be served by the IAS service
Eleven nominations for the eighteenth edition of the ESPO Award
Brussels
This year's theme is dual-use port-city projects
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Jotun COSCO Marine Coatings signs agreement with COSCO Shipping Bulk for 125 new vessels
Sandefjord
Advanced hull performance solutions will be implemented
Maersk issues first order for new containers produced in India
Copenhagen
Local production has been stimulated by the introduction of incentives
Last May, freight traffic in the port of Ravenna grew by +3.4%
Ravenna
An increase of +10.6% is expected in June
Sardinia's Port Authority spent approximately €157 million in PNRR funds
Cagliari
Achievement of the targets expected by June 30, 2026
Hannibal will inaugurate a new intermodal service from Melzo to Rotterdam Europoort on July 8th.
Melzo
Six weekly trains are scheduled that will be able to carry up to 38 cargo units
PSA to build and operate container terminal at Vietnam's Lach Huyen port
Singapore
Agreement with Lach Huyen International Logistics & Industrial Park
Sandro Bucchioni and Andrea Fontana confirmed as presidents of the La Spezia freight forwarders and maritime agents.
La Spezia
New two-year mandate
Konecranes has acquired the nuclear and port services segment of Spain's Coapsa.
Hyvinkää
The company has an annual turnover of approximately four million euros.
PSA Italy presented its 2025 Sustainability Report
Genoa
The document highlights, among other things, the employment data and the economic impact on the territory
The Central-Northern Adriatic Port Authority confirms the completion of the projects financed by the PNRR
Ravenna
Mirco Carloni has taken office as president of the Central Adriatic Port System Authority.
Ancona
The Grimaldi Group has taken delivery of the new PCTC Grande Oriente
Naples
It will be placed on the Asia-Europe route
Port of La Spezia: 60 Sea Log workers rehired by other port companies
La Spezia
Pisano (AdSP): very satisfied with the positive conclusion of this dispute
The Central Adriatic Port Authority announces that it has achieved its objectives under the PNRR
Ancona
The funds coming from the plan financed by the European Union amounted to 39.6 million euros
A workshop on cold ironing and related risks and insurance solutions will be held in London.
London
Rossi (ADVANT-Nctm): effective infrastructure development must necessarily take into account legal and insurance aspects
Fincantieri signs an agreement in Albania for shipbuilding training.
Trieste
Skills development for the growth of the new Pashaliman naval industrial hub
Reorganization of ro-pax traffic areas in the port of Catania
Catania
Ferries will no longer be moored on the central jetty or along the eastern breakwater
Maersk raises fiscal 2026 forecast
Copenhagen
Continued growth in demand for containerized shipping and increased spot rates
Green light for the awarding of railway shunting services in the ports of Savona and Vado
New trucking area in the port of Genoa
The Italian Ports Association will hold its assembly in Naples on Wednesday.
Rome
The discussion on port governance reform will be at the heart of the proceedings.
Registration for seafarers' registers is now open to non-EU citizens residing in Italy.
Genoa
Vidotto (Foundation of the Italian Merchant Marine Academy): a step towards civilization
Project to build shipyard in Tartous port expected to accelerate
Damascus
Meeting between a delegation from Kuzey Star Shipyard and the leaders of the Syrian General Authority for Ports and Customs
Port of Gioia Tauro: Work to reactivate hauling and launching operations has been completed.
Gioia Tauro
These operations had been at a standstill since 2024
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will take place in Genoa on July 1st.
Genoa
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Govt does not interfere in port management appointments - Loke
(Bernama)
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
In Spain, €11.8 million in eco-incentives have been allocated for the use of motorways of the sea.
Madrid
163,672 shipments made by 32 companies subsidized
ABB has signed an agreement to buy Norwegian marine automation company Høglund.
Zurich
The Tønsberg-based company's integrated automation system is currently installed on over 600 vessels.
Port of Gioia Tauro: tender launched for the redevelopment of the ro-ro docks
Gioia Tauro
Worth 5.6 million euros, the works will last 210 days
Grimaldi confirms the important role of the port of Catania in its strategies
Catania
The aim is to increase services and make existing ones even more efficient.
Annual growth of +6% in cruise traffic and +2% in ferry traffic is expected in the Adriatic
Venice
It is the only Mediterranean region to have recorded a decline in cruises in the period 2019-2025
PSA Padova established to develop and manage the Padua intermodal terminal
Padua
The shareholders of Interporto Padova and Padova Hall have approved the merger plan
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
Spediporto has opened its own representative office in Hong Kong
Genoa
Giachero: the opening of this desk is also an opportunity for young people
Arcese, Conti and Cosulich establish a company for the port logistics of finished vehicles
Livorno
HMM orders eight bulk carriers and two gas carriers
Seoul
Investment of approximately 1.1 billion dollars
MPC Container Ships has purchased four 7,000 TEU containerships built between 2023 and 2024.
Oslo
Investment of 340 million dollars
FedEx posts record quarterly and annual revenue
Memphis
Total revenues in fiscal year 2026 amounted to $94.7 billion (+7.7%)
Geopolitical uncertainty has become the main risk for shipping
Munich
Evergreen purchases 140,500 new containers in China
Taipei
Investments totaling $358.9 million
Yesterday, the Strait of Hormuz was crossed by 42 commercial vessels
Paris
For the first time since the beginning of the conflict, several LNG tankers entered the Persian Gulf
Memorandum of Understanding for the Launch of Drone Use in the Port of Palermo
Palermo
Submission of the request for the establishment of U-Space
Saipem wins new $1 billion offshore contract in Angola
Milan
It was awarded by Azule Energy for the Greater PAJ project
Port of Ancona: Dredging work has begun on the seabed of quay 22.
Ancona
Approximately six thousand cubic meters of sediment will be removed
Confitarma welcomes clarifications regarding ship waste collection management.
Rome
The need for uniform application of the legislation throughout the country was highlighted.
The Tuscan Cooperation Development Fund invests in Uniport Livorno.
Livorno
Operation for a total of 880 thousand euros carried out together with co-investor Coopfond
Fit-Cisl, recognizing dock work as arduous is a priority
Genoa
Pagnotta: This is not a corporate claim, but a question of social justice.
Hupac increases weekly rotations between Antwerp and Busto Arsizio via France to four.
Noise
Two additional departures of the intermodal service introduced
From July, the tariff for naval transit through the Turkish Straits will increase by +14.9%.
Istanbul
It will be raised to $6.70 per net tonne
Fincantieri and Republikorp sign agreement to build multipurpose naval vessels in Indonesia.
Paris
The establishment of a joint venture is planned
Study on the divergences between the EU Ship Recycling Regulation and the Hong Kong Convention
Brussels/London
It has been published by ECSA and ICS
The 2026-2028 POT of the Southern Tyrrhenian and Ionian Sea Port Authority has been approved.
Gioia Tauro
Approval also granted to the 2026 budget forecast variation and to the update of the Port's Staffing Plan.
Autonomous Navigation: ABS, Polaris Shipping, HHI, and AVIKUS Sign Agreement
Athens
It will be tested on a VLOC under certain low-risk conditions
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
The topics of discussion will include energy transition in the maritime industry, maritime education and training.
The Municipality of Bologna is reconsidering the divestment of its stake in Interporto Bologna.
Bologna/Bentivoglio
An institutional delegation from Flanders visited the interport
Eni and Fincantieri sign agreement to develop innovative underwater monitoring technologies.
Milan/Trieste
Agreement focused on Eni's "Clean Sea" technology
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