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31 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
May 25, 2011
The Business Timesweb site
Shipping News
  • Insurance brokerage AJG takes over ITI Solutions
    The US mid-market insurance brokerage Arthur J Gallagher (AJG) has made its first Asian acquisition after a US-heavy spree.
  • Baltic main sea freight index rises
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, rose for a third session on Monday although the market outlook remained bearish due to rising fleet supply.
  • M'sian aid ship aborts Gaza mission after engine trouble
    A Malaysian aid ship attempting to reach Gaza after being warned off by Israeli naval forces last week has been forced to abort its mission after engine trouble, activists said.
Strait Talk
  • Emissions: ICS gets off the fence - finally
    FOR as long as I can remember, one of my stock questions to the Singapore Shipping Association (SSA) has been about its membership of the International Chamber of Shipping (ICS) and its non-membership of the International Shipping Federation (ISF).
  • Surprise fall in Q1 motor insurance claims
    MOTOR insurance claims in the first quarter of this year have seen a surprise fall even as Singapore's vehicle population hit a record high.
Motoring
  • VW cruises to No3 spot in Singapore
    VOLKSWAGEN has inched ahead to become Singapore's third most popular car brand so far in 2011, as the mid-range German make leverages on its slightly upmarket image here to help boost sales amid the sharply reduced COE quota.
  • Toyota's flaws: lack of control, no safety chief
    Toyota Motor Corp's centralised structure, scepticism of external critics and lack of a global safety chief are among flaws the company needs to address as it recovers from record recalls, an advisory group said.

The Business Timesweb site
Shipping News
  • Insurance brokerage AJG takes over ITI Solutions
    The US mid-market insurance brokerage Arthur J Gallagher (AJG) has made its first Asian acquisition after a US-heavy spree.
  • Baltic main sea freight index rises
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, rose for a third session on Monday although the market outlook remained bearish due to rising fleet supply.
  • M'sian aid ship aborts Gaza mission after engine trouble
    A Malaysian aid ship attempting to reach Gaza after being warned off by Israeli naval forces last week has been forced to abort its mission after engine trouble, activists said.
Strait Talk
  • Emissions: ICS gets off the fence - finally
    FOR as long as I can remember, one of my stock questions to the Singapore Shipping Association (SSA) has been about its membership of the International Chamber of Shipping (ICS) and its non-membership of the International Shipping Federation (ISF).
  • Surprise fall in Q1 motor insurance claims
    MOTOR insurance claims in the first quarter of this year have seen a surprise fall even as Singapore's vehicle population hit a record high.
Motoring
  • VW cruises to No3 spot in Singapore
    VOLKSWAGEN has inched ahead to become Singapore's third most popular car brand so far in 2011, as the mid-range German make leverages on its slightly upmarket image here to help boost sales amid the sharply reduced COE quota.
  • Toyota's flaws: lack of control, no safety chief
    Toyota Motor Corp's centralised structure, scepticism of external critics and lack of a global safety chief are among flaws the company needs to address as it recovers from record recalls, an advisory group said.

The Business Timesweb site
Shipping News
  • Insurance brokerage AJG takes over ITI Solutions
    The US mid-market insurance brokerage Arthur J Gallagher (AJG) has made its first Asian acquisition after a US-heavy spree.
  • Baltic main sea freight index rises
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, rose for a third session on Monday although the market outlook remained bearish due to rising fleet supply.
  • M'sian aid ship aborts Gaza mission after engine trouble
    A Malaysian aid ship attempting to reach Gaza after being warned off by Israeli naval forces last week has been forced to abort its mission after engine trouble, activists said.
Strait Talk
  • Emissions: ICS gets off the fence - finally
    FOR as long as I can remember, one of my stock questions to the Singapore Shipping Association (SSA) has been about its membership of the International Chamber of Shipping (ICS) and its non-membership of the International Shipping Federation (ISF).
  • Surprise fall in Q1 motor insurance claims
    MOTOR insurance claims in the first quarter of this year have seen a surprise fall even as Singapore's vehicle population hit a record high.
Motoring
  • VW cruises to No3 spot in Singapore
    VOLKSWAGEN has inched ahead to become Singapore's third most popular car brand so far in 2011, as the mid-range German make leverages on its slightly upmarket image here to help boost sales amid the sharply reduced COE quota.
  • Toyota's flaws: lack of control, no safety chief
    Toyota Motor Corp's centralised structure, scepticism of external critics and lack of a global safety chief are among flaws the company needs to address as it recovers from record recalls, an advisory group said.

Sched Netweb site
  • Transpac rates slip on over-supply concerns, but bunker surcharges stick
  • China to spend US$27.7 billion dredging Yangtze to 12.5 metres to Nanjing
  • IMO okays armed guards on ships in pirate-infested waters off Somalia
  • The Containership Company sells its only boxship to service debt
  • Boxship deliveries in 2013 should hit historic high of two million TEU
  • Rotterdam Maasvlakte 2 breakwater to use 20,000 huge cement blocks
  • Jilin aims at added value logistics coming to US$17.25 billion
  • Ningxia first quarter rail cargo down 1.4pc, but box volume up 27.5pc
  • Icelandic volcanic ash grounds flights, Ryanair cancels under protest
  • New capacity for air freighters expected over next two years
  • Cool Containers wins regulatory approval for temp-control air boxes

Exim Indiaweb site
  • Global shipping leaders call for creating sustainable industry
  • BoA to mull over new SEZ proposals on May 31
  • Fieo welcomes move to boost India-Africa trade to $70bn
  • Sharma to plead case with FM for DEPB extension
  • Soaring global prices push rubber imports down 92 pc
  • Trade pact with Japan may provide opportunities galore for India's pharma industry
  • China to run Pakistan's Gwadar port
  • MPT calls for action against reconstruction of demolished structures
  • Port of Antwerp felicitates Chipolbrok on completing 60 years
  • Food inflation falls to 7.47 per cent
  • India, 5 more countries to dominate growth by 2025: WB report

International Transport Journalweb site
MAY 24, 2011
  • Turkey issues fewer carnet TIRs in April
    The number of carnet TIRs that were issued in Turkey in April 2011 sank by 1.56%, compared to the same month in 2010. The number of transit permits sank by 1.61%. A total of 55,382...
  • Schaeffler Group: favourable start to business year 2011
    The Schaeffler Group says that it has had an excellent start to business year 2011. The company reported top results for the first quarter of the current year. Sales grew by 25% to...
  • Liege airport goes green
    By 2016, no less than 30% of the electricity supply in the Belgian region of Wallonia will come from renewable sources. That's the target fixed by the Walloon government. Eager to ...
  • DB Schenker Rail changes management
    Dr Christian Kuhn, managing director production at the German service provider DB Schenker Rail, has informed the company's supervisory board and the management that he is resignin...
  • 25 m long trucks to become the norm on Dutch roads
    Seven years after major field trials with 25.25 m trucks began in the Netherlands, the Dutch Ministry of Transport in The Hague has decided to grant permission for t...
  • CMA CGM adds a new call at Piraeus to its Epic service
    CMA CGM Group's Epic service is now calling at Piraeus on its way from North Europe to the Indian subcontinent and the Middle East. This gives the French Group a direct servic...
  • ATA reports strong volume increase in April
    The Air Transport Association of America (ATA), the industry trade organization for leading US airlines, reported that some US carriers - namely Alaska, American, Continental, Delt...
  • European air traffic situation following Grimsvötn eruption
    The Grimsvötn volcano, near the centre of the Vatnajökull ice cap in south-east Iceland, began to erupt in the afternoon of 21 May. Due to the airborne ash concentrati...
  • "Ostwind": business flourishing
    The "Ostwind", a blocktrain that conveys containers to the CIS, is flourishing. The number of containers that it carries has risen steadily from month to month this ...
  • BNSF honours 76 Shippers
    The US transport service provider BNSF Railway Company (BNSF) recently honoured 76 shippers with BNSF's Annual Product Stewardship Award for the safe transportation of hazardous ma...
  • Banedanmark awarded contract for renewal project in Denmark
    Banedanmark has awarded a contract to renew 38 km of track on the Bramming - Tønder railway line along Denmark's southwestern coastline. The contract, which was won by a joint...
  • Hermes inaugurates new main hub in northern Germany
    Hermes, a German logistics and CEP service provider, recently held an official ceremony to mark the opening of its new main handling hub in Langenhagen (Lower Saxony, Germany). The...
  • Senior management executive movements at OOCL
    The shipping company OOCL has announced the following executive movements at its headquarters and Hong Kong regional office, effective from 13 June: Miranda Lou, currently managing...
  • Irish port and shipping volumes up in Q1/2011
    According to the Irish Maritime Development Office (IMDO), the volume of shipping and port traffic in most of the principal sectors grew during the first quarter of 2011. Total lo-...
  • Evergreen Group places orders for ten 8,000 teu vessels
    The Evergreen Group (Taiwan) has ordered and signed a contract with China Shipbuilding Corp (CSBC) for ten 8,000 teu environmentally advanced containerships. Three of the new vesse...
  • Ceva expands with new freight management office in Finland
    The logistics and SCM specialist Ceva Logistics recently opened new premises in Helsinki (Finland), thereby strengthening its freight management platform in the Nordic region. Stra...
  • Nippon Express USA opens new logistics centre in Chicago
    Nippon Express USA, a subsidiary of Nippon Express, has completed the construction of its new Chicago Logistics Center East (CLC East), which, in combination with the adjacent Chic...

Marine Logweb site
MAY 24, 2011
  • New Obama Iran sanctions hit maritime companies
  • DNV president says shipping safety standards are slipping
  • Stena Bulk buys three LNG tankers
  • ABB propulsion strikes gold in wind farm vessel market
  • Beng Kuang Marine wins order for four crane barges
  • Cunard's Queen Mary 2 saves fuel after switch to Intersleek 900

World Wide Shipperweb site
MAY 24, 2011
  • Port of Coos Bay hires firm to control rail line vegetation
  • Maersk line going green for wooden container floors
  • Wallenius Wilhelmsen taps Leroi as managing director for China
  • Mitsui adding ship simulator at Manila seafarer training facility
  • Union Pacific employee earns railroad safety honor

Lloyd's Listweb site
MAY 24, 2011
  • Mediterranean aframax rates begin to cool off
    Earnings expected to dip further as June cargoes enter market
  • Tonnage glut turns heat on breaking rates
    Large ships secure best prices as Indian subcontinent rates dip
  • Chinese cash lifts value of 15-year-old panamaxes
    Government decision to let China's currency strengthen is reflected in dry bulk sale & purchase deals
  • Nor-Shipping 2011: More pain to come from excess tonnage
    Big hitters at Nor-Shipping offer gloomy view of shipping's prospects
  • Nor-Shipping 2011: Maritime governments gather in Oslo for informal talks
    Environment and Arctic on the agenda
  • Euroseas ramps up rates for feeders
    Charter extensions for pair of early 1990s-built boxships net an average 90% rate hike
  • Chinese growth prompts Sinotrans to seek 35% stake in InterBulk
    Existing shareholders' equity to be diluted by issue of 165m new shares
  • Oaktree launches new heavy-lift operator from remains of Beluga
    Hansa Heavy Lift will use 16 Oaktree-funded vessels and acquire more from administrator
  • Nor-Shipping 2011: Norway and Japan sign technology agreement
    Countries to co-operate on areas such as LNG, offshore wind technology and ship recycling
  • Nor-Shipping 2011: GL urges owners to use cutting edge technologies
    There is significant room for improvement in the operational efficiency of vessels, says Erik van der Norrdaa
  • Nor-Shipping 2011: OSV sector must 'defend its corner' on maritime law
    IMO legislation covering the broader industry often not relevant to 'energy sector' vessels
  • CMA CGM confirms 16,000 teu upgrades for three ships on order
    Chief executive Saadé refuses to rule out eventual investment in 18,000 teu vessels
  • Nor-Shipping 2011: Brazilian offshore market faces crew challenges
    Lack of trained personnel means huge wage bills for oil companies and operators
  • Croatian quality points to brighter future
    Mining group Kermas proposes innovative strategy for county's struggling shipyards
  • Nautical maps sail into uncharted waters
    Texas waterway pilot leads campaign to bring National Oceanic and Atmospheric Administration data up to date
  • Nor-Shipping 2011: Industry backs bunker levy to combat CO2 gases
    EU emissions trading would create unfair, difficult-to-administer monster, say delegates
  • IMO's move on boxes is welcome
    Guideline on container safety have failed to stamp out bad practices
  • The long view
    Investors worried about the dawn raids on container lines can still see a brighter horizon
  • Sri Lanka shortlists 15 for investment in port newbuild plants and factories
    China has played huge role in first two phases of development at Hambantota port
  • Singapore Shipping signals more vessel buys after stellar results
    Recently purchased car carriers boost profits
  • Nor-Shipping 2011: Mitropoulos predicts an IMO with more teeth
    Outgoing secretary-general predicts a new era for his successor
  • Costamare profit pips analysts' forecasts
    Boxship prices and charter rates justify investment, says Kostis Konstantakopoulos
  • How Shen Neng 1 sends a wake-up call on safety
    A large part of the maritime industry operates on the assumption that those who work on ships do not need sleep like the rest of humanity
  • Nor-Shipping 2011: New tool helps bunker buyers find value
    DNV Petroleum Services launches real-time data analysis of bunker quality
  • Nor-Shipping 2011: Owners and charterers must agree cost savings
    Incentives needed for owners to make 'substantial investments' in vessel efficiency
  • Arthur J Gallagher buys niche Singapore marine broker
    Purchase of ITI Solutions lays platform for US insurance broker's expansion in Asia
  • Swiber wins $109m in offshore support contracts
    High oil prices generate strong demand for offshore contractors
  • Don't blame the master
    Should ship's captains be expected to put their lives, and their family's lives, at risk for piracy prosecutions?

Fairplayweb site
MAY 24, 2011
  • For tankers, 'brutal' 'pain' or 'opportunity'?
    BOSSES from two of the world's top tanker companies today gave wildly divergent views of the sector's future
  • CSAV targets Sinochem
    CHILEAN liner CSAV has filed a barrage of asset-attachment suits against Chinese oil and commodities giant Sinochem, new legal documents revealed
  • Migrants drown off Greece
    A MIGRANT boat has capsized off Preveza in western Greece, drowning two children and one man
  • BDI reaches six-week high
    SOARING Capesize rates pushed the BDI today to a six-week high at 1,398 points
  • VLCC deliveries hit peak
    HEAVY deliveries of VLCCs will delay a rate recovery until 2012, but a cessation of new orders is promising, Credit Suisse analyst Gregory Lewis said today
  • Greener ore? It's a winner
    A GIANT Vale ore carrier that cuts fuel consumption today won the inaugural Clean Ship Award at Nor-Shipping in Oslo
  • Cache found on box ship
    COLOMBIA's military has seized about 12 tonnes of cocaine, hidden in containers bound for Mexico, IHS Global Insight reported today
  • Singpore Shipping plots growth
    SINGAPORE Shipping, which specialises in securing long-term vessel leases, plans to acquire more ships after a big rise in profits last year
  • Shipping urged to hire Sri Lanka rebels
    FORMER Tamil Sea Tiger rebels, retrained since the end of Sri Lanka's ethnic war, could be hired as crew, a terrorism authority told a Colombo forum
  • Costamare deploys cash
    BOX SHIP owner Costamare has reported better quarterly results than expected and disclosed significant plans to acquire more ships
  • Wilh Wilhelmsen 'optimistic' on Japan
    NORWAY'S Wilh Wilhelmsen said today it needs to adapt its ro-ro operations to deal with Japan's quake crisis
  • Piracy cover rises 20%
    BROKER Arthur J Gallagher of Singapore today told Fairplay demand for piracy insurance has risen by one-fifth in the past year
  • COSCO's unit dodges Beijing's ire
    COSCO Corp (Singapore), a China COSCO subsidiary, today said it was not involved with irregular financial statements that Beijing has alleged were found in its parent's books
  • Rising from Beluga's ashes
    THE GROUP succeeding bankrupt German project carrier Beluga, Hansa Heavy Lift, is about to start operating, Beluga stakeholder Oaktree Capital Management said last night in Bremen

The Journal of Commerceweb site
MAY 24, 2011
  • Baltimore's Jim White Says Port Targeting Discretionary Cargo
    Maryland Port Administration Executive Director Jim White says deepening for a 50-foot berth and extensions to CSX's National Gateway intermodal...
  • Trailer Bridge Names New CCO
    Trailer Bridge named Scott W. Fernandez as chief commercial officer today in place of the departing Adam E. Gawrysh Jr.,...
  • LaHood Sends Emergency Funds to Minnesota
    Transportation Secretary Ray LaHood is making $1 million immediately available in quick release emergency funds, allowing Minnesota's Department of Transportation...
  • DOT Stimulus Payments Reach $28.2 Billion
    The Department of Transportation's payouts to states for construction projects under the 2009 stimulus law reached $28.2 billion as of...
  • Diesel Drops 6.4 Cents Per Gallon
    The average price of diesel fell 6.4 cents in the past week to $3.997 a gallon across the U.S., the...
  • CMA CGM to Expand Capacity of Three Ships
    CMA CGM will enlarge the capacity of three ships on order from 13,800 20-foot equivalent units to 16,000 TEUs, according...
  • Few Injuries, No Fatalities at Con-way Truckload
    Three Joplin, Mo., employees of Con-way Truckload and the spouse of one employee were injured in Sunday's tornado, the trucking...
  • Missouri Expedites Relief Trucks to Joplin
    Missouri's departments of transportation and public safety are helping truckers expedite shipments of equipment and relief supplies to tornado victims...
  • Top Rails Add 935 Workers to US Operations
    The seven largest railroads added 935 employees to their U.S. operations from mid-March to mid-April, for a new high since...
  • Hapag-Lloyd to Apply Bandar Abbas Surcharge
    Hapag-Lloyd said it will apply a port congestion surcharge on all containerized cargo moving from Asia and Oceania to Bandar...
  • Japan, EU Recognize Trade Security Programs
    Japan and the European Union started mutually recognizing their trade security and facilitation programs called Authorized Economic Operator programs Tuesday,...
  • Costamare Profit Drops 28 Percent
    Costamare's first quarter profit slipped 28 percent to $17.9 million from $24.7 million a year ago, but the NYSE-listed container...
  • Box Ship Deliveries Seen Hitting Record in 2013
    Deliveries of container ships are set to hit a record high in 2013, driven by a surge of orders in...
  • Singapore Air Freight Grows 6.1 Percent
    Freight volume at Singapore Changi Airport grew at its fastest year-over-year rate of 2011 in April, expanding 6.1 percent and...
  • Japan Logistics Operator in Talks to Buy Weyerhauser Line
    Japanese logistics operator Sumitomo Warehouse Co. says it is in advanced negotiations to acquire Weyerhauser's wholly-owned ocean vessel subsidiary, Westwood...

Containerisation Internationalweb site
MAY 24, 2011
  • Shanghai Shipping Exchange prepared to audit index
  • Australia's Patrick facing standstill
  • CMA CGM Titan christened
  • Honda face summer shut-downs
  • New Maersk boxes saving the rain forests

TradeWindsweb site
MAY 24, 2011
  • Grim reality plagues VLCCs
    Tor Olav Troim asks is today's brutal market the worst time for shipping since the Black Death?
  • Christensen: Uno here to stay
    Former Lorentzen & Stemoco chief says new venture Uno Offshore is making its mark.
  • Ofer empire under fire
    Obama administration targets Tanker Pacific and Ofer Brothers of Israel in battle to crush Iranian nuclear agenda.
  • Euroseas extends duo
    The hybrid bulker-boxship owner extends two containerships at handsome rates.
  • Murmansk left on shelf
    Sale of 25% stake in Russian tanker and bulker owner cancelled after lack of bids.
  • Tanker dragged down
    Volgotanker ship goes under in Ukrainian shipyard as drydock sinks.
  • Hot or not
    Shipping young guns discuss which markets they will be fighting over as they look to the future at NorShipping.
  • First stronger in first
    Taiwanese bulker owner First Steamship increases earnings in 2011 as revenues rise.
  • Be smart with your money
    ER Offshore chief Ian Perrott hopes investment in the sector will not get back to 'ridiculously high' pre-crash levels.
  • Petra Perdana goes red
    Malaysian offshore owner left stony-faced after plunging into the red.
  • Diesel smugglers held
    Mumbai police raid supply ship used to store cheap fuel; arrest two men.
  • BKM scores newbuildings
    Singapore-listed shipbuilder wins a $22m contract to build four offshore crane barges.
  • Fairstar bags big deal
    Oslo-listed heavy-lift company's bottom line gets a growth spurt after it signed a $28m contract to shift a fertiliser plant.

American Shipperweb site
MAY 24, 2011
  • Collaboration displayed on U.S.-Canada border
    U.S. Customs and Border Protection is playing a leading role in coordinating the law enforcement activity of sister agencies in the Department of Homeland Security, as well as other federal, state and local organizations along the northern border....
  • DHL forwarding unit adds Tianjin/Mongolia rail link
    DHL Global Forwarding has started a rail service connecting Tianjin with Ulaanbaatar, the capital of Mongolia. The logistics giant said it is the only company offering scheduled services that navigate Mongolia's "congested routes and complex custo...
  • Arthur J. Gallagher acquires Singapore broker
    Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm headquartered in Itasca, Ill., said Tuesday it has acquired ITI Solutions Pte Ltd., located in Singapore. ITI is a specialist insurance broker with e...
  • Costamare: 8,800-TEU newbuilds for Evergreen
    Containership leasing company Costamare said it has ordered five containerships, each about 8,800 TEUs of capacity, from Sungdong Shipbuilding & Marine Engineering Co. Ltd. of Korea. It said it has entered into long-term time charter agreements wit...
  • IMO to examine container weight declaration
    The International Maritime Organization will look into the issue of wrongly declared container weights, prompted by a proposal last week from maritime representatives of the Netherlands, Denmark and Australia. The IMO's Maritime Safety Committee w...
  • Sea Star to raise rates
    Sea Star Line said it is imposing a 5.5 percent general rate increase, effective June 5. The carrier also said it plans to increase its "total accessorial charge" and a fee for hazardous cargo on June 19. The fees are outlined in detail here . The...
  • Alphaliner: Record containership orders for '13
    Information service Alphaliner said deliveries of new containership capacity is likely to hit a new record in 2013. "Lured by attractive newbuilding prices and the strength of last year's market recovery, containership owners have flocked to order ...
  • Deliveries could top 2 million TEUs
    Alphaliner: Record containership orders for '13Information service Alphaliner said deliveries of new containership capacity is likely to hit a new record in 2013. "Lured by attractive newbuilding prices and the strength of last year's market recove...
  • American Shipper June 2011

The Bunker Bulletinweb site
MAY 24, 2011
  • Eniram sees 'distinct rise' in interest towards efficiency products
    'Decision support software for ship operators has experienced a growth of interest over recent years,' says Eniram CEO.
  • Short sea shipping service a success in the Great Lakes
    'Instead of 50 trucks burning fuel and releasing emissions into the atmosphere, we've got one barge with a much smaller carbon footprint,' said Hunt's Transport.
  • Middle East prices mixed
    Deliveries available for supply up to and including 07 June in Cape Town.
  • New bunker barge for ARA
    Argos Ceebunkers will deploy newbuild next week.
  • Rotterdam bunker prices firm
    'No fundamental reason' for prices to be back at the $600 level.
  • Report: Negative GHG profile for some current LNG ships
    Norwegian study says some LNG-fuelled ships are 20% worse for climate change than traditional diesel engines.
  • More arrests in India as fuel smuggling probe continues
    Seized vessel was being used 'as a floating petrol pump'.
  • 'Steep rise' in bunker costs keeps operator in the red
    'Bunker price increase had a negative impact of approximately $1.7 million,' says Nordic.
  • Safety features enhanced on GlobalView Fleet Management System
    Warnings for rogue waves, piracy and war risks or icebergs means ships should not always follow optimal and most fuel efficient route.
  • Clean Ship and Next Generation Ship Awards announced at Nor-Shipping
    World's biggest ore carrier wins award for its fuel efficiency while LNG-fuelled ship wins Next Generation category.
  • Bunker prices generally firming in Asia
    Mixed demand in key Asian bunker ports on Tuesday.
  • AWT launches ship-specific routing service
    Ship routing and fleet management services now designed to meet the specialised needs of voyages by vessel and cargo type.
  • DNVPS launches 'Fuel Insight' bunker analytics product
    Can help shipping companies 'get best value from bunker purchases' or be used by supply side as a quality control tool.
  • Indian court arrests vessel over unpaid bunkers
    Bos Angler owes bunker supplier GFL $350,000 for supply of 340 mt of MGO.
  • Alliance posts 98% hike in Q1 profits
    For its downstream segment, Alliance expects 'challenges going forward.'
  • Book Review: Commercial Practice in Bunkering
    Commercial Practice in Bunkering a 'valuable source of information', says publisher.
  • PetroChina buys fuel oil cargo at higher premiums
    380 cSt fuel oil cargo purchased at a premium of $2.50-$3.00 pmt.

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