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Independent journal on economy and transport policy
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BRIEFS
July 25, 2011
The Business Timesweb site
Shipping News
  • Baltic Exchange's main index continues to fall
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell for an 11th straight session last Friday as a firm panamax market could not make up for weakness in the capesizes.
  • Iconic Polish shipyard cashes in on wind power
    The Gdansk Shipyard, where the Solidarity movement that ended the communist era in Poland was born, is now trying to lead another Polish revolution ... in offshore wind power.
  • German KG funding takes a big hit in Q1
    Investment in German funds that finance a fifth of the world's container ships and half the nation's own fleet plunged 53 per cent in the first quarter as freight markets slumped and banks curbed lending.

Sched Netweb site
  • Hong Kong Shippers Council: Fix harbour congestion ahead of peak season
  • Ocean freight rates continue to decline across major trade routes
  • Port of Qingdao's throughput increases 12.9pc in first half of 2011
  • Le Havre wins back Japan link as Hanjin, NYK resume after years of absence
  • TUI ponders delay of Hapag-Lloyd equity stake sale until prices improve
  • CSCL, Hapag-Lloyd, 'K' Line, NYK Line invest in Far East/Africa loop
  • European Shippers Council seeks incentives, not taxes for UN eco-ships
  • Chongqing city subsidises THCs to boost market share in regional box trade
  • Shandong cuts highway tolls as Beijing cracks down on excessive collections
  • China's Guigang port throughput up 23pc in first five months
  • CMA CGM-OOCL's Epic loop back to Port Said after cutting it in May
  • Union Pacific profit up 10pc to US$785 million as intermodal slips 1pc
  • CSX second quarter pre-tax profit increases 22pc as revenue rises 13pc
  • UK's London-Midlands HS2 rail link called 'political vanity project'
  • Dachser opens Singapore office to serve south and south east Asia
  • Schenker dismantles its North American air fleet, closes Toledo cargo hub
  • United Continental second quarter profit down 5.5pc to US$577 million
  • Beihai Airport first half cargo up 60.2pc, seafood accounts for 82pc
  • AirBridgeCargo Airlines extends Frankfurt's Fraport contract until 2016

Exim Indiaweb site
  • ABG Shipyard scouting for partner to enter platform building segment
  • GDL's consolidated net jumps 138 pc in Q1
  • 17.8 pc rise in veg oil imports
  • Anti-dumping duty on Japanese, Chinese gas
  • Coffee exports up 55 pc in June
  • Engineering exports projected to grow 27pc
  • INTEXPO: Indian textile exhibition in Malaysia from Nov. 22-24
  • Singapore's imports from India jump 48 pc in H1
  • US firms gear up to tap opportunities in infra sector
  • 'APM Terminals Mumbai (GTI) supporting trade & neighbouring terminals'
  • Captive port policy puts private operators on edge
  • DP World Cochin berths Maersk Line's largest vessel to call India
  • Kerala govt seeks revised feasibility report for Azhikkal port
  • KoPT to renovate, enhance facilities
  • Asset sales by SMEs not to attract capital gains tax
  • Developers seek govt nod to shelve SEZ plans
  • Govt gives go-ahead to 31 FDI proposals
  • Govt nod for importing 40,000 t of rubber
  • SEZ tax sops removal to hit exports: Assocham
  • TN farmers bracing for lukewarm egg exports
  • Trying to get concessions on tax refund rates: Fieo
  • Agility bags wind power logistics contract in Sri Lanka
  • Complex intercontinental shipment of tunnel boring machine deftly executed
  • GPLN offering heavy lift seminars

Marine Logweb site
JULY 22, 2011
  • ABS set to release update of Crew Habitability Guide for Workboats
  • Davie Canada to complete three Cecon newbuilds
  • Sembcorp Marine shipyard files claim against Ernst & Young
  • New spill response role for two Hornbeck Offshore MPSV's

World Wide Shipperweb site
JULY 22, 2011
  • Bellingham Port Commissioners OK Scotty Browns airport lease
  • US rail freight traffic posts gains during week
  • K Line joining service calling Far East/India
  • Coast Guard investigating Columbia River vessel allision
  • Crystal Cruises earns 16th best cruise line honor

Lloyd's Listweb site
JULY 22, 2011
  • West Africa suezmax fixing activity hits two-year high
    But substantial fleet growth since 2009 kills earnings opportunities for owners in June
  • Cooling Asian inflation could shrink tanker rates
    Tanker markets could face extremely difficult second half of the year if plans to cool Chinese inflation hit the Asian economy and reduce crude and oil products imports
  • Torm hires South Korean kamsarmax
    Torm understood to have chartered a South Korean kamsarmax bulk carrier at $12,500 per day for a short period contract
  • South Korea sets iron ore record
    South Korea imported a record-breaking volume of iron ore in June
  • Capesize rates find floor but more cargo is needed
    Continued slide attracts Rio Tinto and BHP Billiton in, but more cargoes still needed
  • Capesizes search for green shoots
    Severe overcapacity set to continue limiting ability of capesize owners from earning acceptable returns
  • Squeezed from all sides
    The shipping finance challenge looks daunting
  • Shipping companies at risk of falling foul of UK's new Bribery Act
    Specific offence of bribing a foreign public official may prove a challenge
  • Illuminating future navigation
    UK Shipping Minister Mike Penning has launched the lighthouse authorities' new marine aids to navigation strategy, 2025 and Beyond. It appears flexible and realistic
  • China shippers call for mining companies to reconsider newbuilding plans
    Although not named, Vale is thought to be the target of shipowners association's comments which claim cargo owners are 'monopolising' the dry bulk market
  • Agreement on cutting CO2 is a truly major achievement
    IMO has demonstrated that it is eminently capable of delivering a global solution for shipping
  • Gothenburg plans to start up LNG fuel terminal by 2013
    Sweden's important bunker hub aims to offer gas alternative two years ahead of sulphur emissions clampdown
  • Gothenburg to strengthen rail links to box terminal
    Bidders are lining up for the Skandia Container Terminal concession. Whoever wins will want to expand it
  • K+N to purchase Dutch perishable goods agent
    J.van de Put deal will extend Kühne + Nagel's global 'fresh-to-door' concept
  • More box lines impose congestion surcharges at Jawaharlal Nehru
    Hapag Lloyd will avoid the port altogether, re-routing vessels to Mundra
  • Boxship orders delayed as lines struggle to halt freight rates slide
    Newbuilding market has 'switched off'
  • UK ship detentions creep up
    Three foreign flag ships were detained in UK ports during June failing port state control inspection, according to statistics released by the MCA
  • Ports fear cost and security of wireless internet
    ICSW report finds needs of seafarers to communicate with family were deemed peripheral to port operations and planning
  • Transport workers' body condemns European Commission jobs report
    Task Force has failed to deliver radical measures needed to avert a maritime skills crisis, says ETF
  • The lemmings change direction
    With carriers heading for another year of cumulative losses, owners are likely to be very circumspect about buying new tonnage in the short term
  • Passage to Africa
    Two recent developments chronicled by Lloyd's List herald more promising growth for the continent
  • Eurotunnel says hauliers' fears for SeaFrance helped fuel 21% rise in truck volumes
    Truck shuttle volumes surge to 609,000 units for the first six months of 2011, as passenger shuttles saw cars edge over the 1m mark
  • Hong Kong government says it has 'open mind' on congestion solutions
    Portside land could ease congestions but feeder operators unable to pay market price
  • Feeder operators reject River Terminal Trade proposal
    Makes sense in theory but underlying economics spell ruin
  • Pirates masquerade as authorities in attempted tanker hijack
    Brilliante Virtuoso now responsibility of Salvor Five Oceans
  • Star Reefers predicts more scrapping
    Ships as young as 18 years may go to breakers as box lines encroach on reefer trades
  • Stratos acquires Blue Ocean Wireless
    Operational assets of US GSM services provider bought by Inmarsat company
  • Dyna-Mac lifted by Keppel's bullishness on FPSO sector
    Singapore-listed maker of topside modules sees share price jump 4% despite lacklustre results
  • MOL upbeat on pure car carrier market
    Noticeable pick-up since June could lead to tightness in the market over six months
  • Economou projects further slump in bulker values
    DryShips sells another four units citing 'discrimination' against older vessels

Fairplayweb site
JULY 22, 2011
  • Hapag deal reported in limbo
    UNCERTAINTY over the planned float or sale of a major share in German box line Hapag-Lloyd has increased amid reports that a key suitor has withdrawn from negotiations
  • Davie bids just in time
    DAVIE Canada, with backing from its new owner, beat today's deadline to bid for the Canadian government's C$35Bn ($37.06Bn) shipbuilding sweepstakes
  • Mitropoulos clarifies remarks on Libya, piracy
    THE IMO sought today to clarify statements made by secretary-general Efthimios Mitropoulos that were seen in one news account as suggesting that anti-piracy military forces had been diverted to support of Libyan rebels
  • Greek ferry strike postponed
    GREEK seamen told Athens today they will not strike during the rest of the summer to oppose government plan to cut their pensions
  • Canadian spill fears rise
    CANADA'S response capability for oil spills has become a US congressional issue
  • JNPT slams congestion levies
    INDIA'S Jawaharlal Nehru Port Trust has accused container lines of unfairly exploiting scheduled upgrades by imposing congestion surcharges on shippers
  • Crew rescued from listing ship
    SIX CREW members were rescued by helicopter today after they reported to French authorities that their general cargo ship had taken on a heavy list
  • Bulker analyst hits 'sell'
    WELLS Fargo analyst Michael Webber today graded down four drybulk stocks - Diana, Genco, Eagle and Excel - to 'underperform', the equivalent of 'sell'
  • Star Reefers tells 2Q losses
    THE FALL in spot freight rates plus an impairment charge against its older ships added up today to second-quarter losses for Star Reefers
  • Safe Bulkers profits fall
    GREEK shipowner Safe Bulkers has announced a 22% year-on-year drop in net income drop for the second quarter
  • Putin, senator rev up row
    RUSSIAN Prime Minister Vladimir Putin's disclosure that the US is trying to cancel import restrictions on automobile parts shipments has triggered a blast from Michigan
  • Worker dies after Subic yard fall
    INVESTIGATIONS are continuing today into the death of a worker at Hanjin HI & Construction Philippines' yard at Subic Bay
  • Daewoo pay deal agreed
    DAEWOO Shipbuilding said today managers and unions have accepted a pay accord
  • Oz cargoes to Korea seen surging
    MARTIN Ferguson, Australia's energy minister, said today Oz plans to supply more LNG and other resources to South Korea in a push to become Seoul's key energy partner
  • Keppel's profits corrected
    KEPPEL said today its 1Q2011 profits were S$384.86M ($318.24M), up 9.3% year on year

The Journal of Commerceweb site
JULY 22, 2011
  • YRC Worldwide Closes on Restructuring
    Troubled trucking giant YRC Worldwide completed its $500 million financial restructuring Friday, cementing long-term credit terms and labor concessions that...
  • FAA Partial Shutdown Spurs 4,000 Furloughs
    Up to 4,000 federal employees will be furloughed and $2.5 billion in airport improvement work will stall midnight Friday after...
  • MSC to Hike India-South Africa Rates
    Mediterranean Shipping Company will apply a general rate increase on the trade from India to South Africa as part of what...
  • Top Railroads Hit Highest Employment Since 2009
    The seven largest freight railroads added 1,818 workers to their U.S. payrolls from mid-May to mid-June, the largest increase this...
  • Mobile Handles Record Export Coal Shipment
    The largest export coal shipment ever handled by the Port of Mobile sailed early Friday, highlighting the Alabama State Port...
  • Port of Tampa Spends $12.9 Million to Expand
    The Tampa Port Authority's board this week agreed to spend $12.9 million to expand the port's container-handling capacity and inland...
  • DB Schenker to Ground US Freighters
    DB Schenker said Friday it will shut down the U.S. domestic air cargo network operated for years by BAX Global,...
  • YRC Worldwide to Name New CEO
    When YRC Worldwide's new board of directors meets for the first time today, job number one will be naming a...
  • Senior J.B. Hunt Executives Retire
    J.B. Hunt Transport Services reported several changes to its executive management team, including the retirement of Paul Bergant, the intermodal...
  • YRC National 'Back in Black' With $10.6 Million Profit
    Long-haul less-than-truckload operator YRC National rolled back into the black in the second quarter, reporting an operating profit of $10.6...
  • YRC Contract Pricing Rising Faster, Zollars Says
    YRC Worldwide hiked its contract rates about 4 percent in the second quarter as the less-than-truckload carrier hauled more long-haul...
  • Port of Cochin Handles Record-Size Container Ship
    The largest Maersk Line container ship ever to call Indian shores arrived Thursday at the Port of Cochin, a major...
  • IMS Worldwide's Spencer on Rise of Intermodal Shipping (Video)
    Curtis Spencer, president of IMS Worldwide, and Peter Tirschwell, senior vice president of Strategy for UBM Global Trade (parent company...
  • Star Reefers Reports $11.3 Million Loss
    Norway's Star Reefers swung to an $11.3 million second quarter net loss from a year-earlier profit of $3.8 million, as...
  • Hanjin Resumes Japan-Le Havre Service
    The Port of Le Havre said Hanjin Shipping resumed service between Japan and the French port on July 15 after...
  • KCS More Than Doubles Profit to $70.7 Million
    Kansas City Southern, the smallest of North America's Class I railroads, saw profit leap by 104 percent in the second...
  • Stagnant Rail Freight Traffic Remains Below Peak
    Freight volume for major North American railroads fell 0.3 percent in the week ending July 16 compared to the same...
  • "K" Line Joins Far East-Indian Subcontinent Direct Loop
    "K" Line will join a vessel-sharing agreement next month that is currently operated by Evergreen Line and Simatech on the...
  • YRC Worldwide Cuts Loss to $39 Million
    YRC Worldwide, in the midst of a restructuring aimed at stabilizing the trucking company's finances, reported a $39 million loss...
  • Distributing Change
    Logistics costs are rising, but where is the response from shippers in terms of truly changing fundamentals of their distribution...
  • Tinker to Evers, Not a Chance
    Q: We recently gave a shipment to a 3PL (broker) we use regularly. The broker then gave the shipment to...
  • Rational Exuberance
    Ocean carrier executives must be looking at railroads and trucking companies and wondering if they got in the wrong business....
  • APL Sets East Asia-US East Coast Surcharge
    Singapore-based container carrier APL will impose a peak-season surcharge on all cargo shipped from Asia and the Middle East to...
  • Container Corporation of India's Profit Up 21 Percent
    State-owned Container Corporation of India boosted first quarter net profit 21 percent from a year earlier to $52 million,...
  • Committee Witnesses Endorse Transport Bill
    The proposed two-year $339 billion surface transportation bill received the unanimous support of witnesses of the U.S. Senate Environment...

Containerisation Internationalweb site
JULY 22, 2011
  • Spiralling Hong Kong port congestion 'must be dealt with before peak season'
  • Weather plays havoc with Australian services
  • China's PMI at 28-month low
  • Greece gets its 'exceptional and unique solution'
  • FESCO still on acquisition trail

TradeWindsweb site
JULY 22, 2011
  • Lazard praises DRYS deal
    Equity analyst says discount bulker sale will have little impact on George Economou-led owner's earnings despite $107m hit.
  • Pirates attack in Aden
    Somali gang target Ethiopian ship as it passes through the IRTC.
  • Hornbeck seals spill pact
    US-listed offshore owner tosses PSVs into Marine Spill Response Corp's Deepwater Horizon-inspired clean-up venture.
  • Oslo under attack
    RS Platou evacuates Norwegian office as explosion rips Prime Minister's office and oil-rich nation's Ministry of Petroleum.
  • CCM lowers its sights
    Analyst Michael Pak slices dry-cargo and tanker rate forecasts to levels which will tip three more owners into the red.
  • Mombasa strike off
    The dockers' union at Kenya's main port has withdrawn a threat to strike over plans to privatise the port.
  • Hapag IPO still on
    German container line remains on track for share sale despite report of delays, shareholder TUI says.
  • Mermaid lures $26m deal
    Thai drilling contractor with links to John Fredriksen snaps up lucrative Indonesian deal.
  • Wells downs dry giants
    Genco, Eagle, Diana and Excel face cash and covenant pressures amid dry recession, analyst warns.
  • Japan holds 19
    June port state control round-up sees P&F Marine and Jacksoon bulkers detained.
  • Domestic bliss
    Indonesian boxship business leads to improved second quarter income for shipowner in "oppressed" period.
  • Havila still at a loss
    Norwegian offshore company books loss on second quarter profit but sees improvement in second half.
  • Greek ship detained in UK
    June figures for UK ship detentions put Good Faith-owned bulker and US-owned cruise ship in the frame.

American Shipperweb site
JULY 22, 2011
  • Washington Notebook
  • Natural Gas production
  • "K" Line joins Evergreen China-India loop
    The Japanese container line "K" Line said Friday it is joining a service linking the Far East to India and Pakistan from Aug. 10. "K" Line will participate in the Evergreen Line-Simatech Shipping CIX2 service as a vessel operator. It will provide ...
  • New controversy over Jones Act Waivers
    There is new controversy about the granting of waivers to the Jones Act for ships carrying oil from the Strategic Petroleum Reserve (SPR), with allegations that oil companies are tailoring their withdrawals to avoid using U.S. flag ships. The gover...
  • Toohey tapped to lead Waterways Council
    The Waterways Council has tentatively selected Mike Toohey to be its next president and chief executive officer. A special meeting of the WCI board has been called for Aug. 2 to formally consider his election to the organization's presidency. Toohe...
  • 4 bids received for Hawaii 'Superferries'
    The U.S. Maritime Administration said it received four bids for the two high-speed ferries built by the defunct Hawaii Superferry company. However, MarAd said it would not reveal the name of the bidders or the amounts they offered for theAlakaiandHu...
  • CMA CGM adds back Port Said on EPIC loop
    The liner carrier CMA CGM is adding back a call at Port Said on a service between Europe and the Indian Subcontinent, according toAmerican ShipperaffiliateComPair Data . The French carrier had deleted calls at Port Said on itEPIC service in May , a...
  • Ship registry gets China approval
    International Register of Shipping (IRS) has received approval from the Chinese government's Maritime Safety Administration (MSA) to open a surveying company in China. The approval comes as IRS, based in Panama City, Panama, continues to expand its...
  • Military Sealift Command appoints Pacific commander
    The U.S. Navy's Military Sealift Command said Thursday Capt. Sylvester Moore has assumed command of its Pacific operations.Moore replaces Capt. Jerome F. Hamel.The Pacific Command is responsible for Military Sealift Command ships operating in the E...
  • U.S. prepares trade mission to Afghanistan
    Francisco Sánchez, U.S. Commerce Department's undersecretary for international trade, will lead a trade mission to Kabul, Afghanistan, this September.Sánchez will bring representatives from 10 U.S. companies who are interested in pursuing export, ...

The Bunker Bulletinweb site
JULY 22, 2011
  • Prices uncertain in the Americas
    Crude futures settled higher on anticipation that prices will increase next week if progress is made on the US debt crisis.
  • New Zealand bunker debate considered environmental risk
    One industry expert said he believed the ferries were responsible for 80% of sulphurous gases over Wellington.
  • IBIA Chief Executive resigns
    Resignation will take effect from July 31, 2011.
  • Prices mixed in the Middle East
    Suppliers bunkering schedules extremely tight for prompt dates.
  • Markets firm across Europe
    Renewed confidence in eurozone area.
  • Antarctic fuel oil ban hits cruise passenger numbers
    With ban entering into force next month, several operators are withdrawing large cruise ships from the region.
  • Study of CO2 abatement cost shows 'amazing results'
    Huge CO2 cuts possible at profit to industry, but significant barriers preventing realisation of $70 billion potential fuel cost savings.
  • Turkish supplier expands operations to Aegean Sea
    Will be selling 380 cSt, 180 cSt and 0.1% sulphur MGO at Izmir.
  • ARA supplier prepared to change pricing formula
    Separating product price from barge freight cost already practiced in several regional ports.
  • Week ends with gain in IFO prices
    Demand for bunker fuel mixed at major Asian ports on Friday.
  • Boldly Going Bigger?
    With ship sizes increasing, so will bunker stems, but will suppliers be willing to extend credit to 'fill her up' if there is another rate crash?
  • US Navy places order for fuel tank sensors
    Organisation will order 13 sensors from Electronic Marine Systems.
  • Singapore onshore fuel oil stocks at three-week high
    Volume up 12.4% to 19.689 million barrels with further inventory gains expected.
  • Glencore subsidary gets fuel saving service
    Blue Water Trade Winds signs three year deal to install cargo heating management services for ST Shipping.
  • Fall in global bunker demand 'faster than anticipated'
    High bunker prices prompt development of fuel-efficient ships, study says.

›››File
FROM THE HOME PAGE
CK Hutchison threatens legal action against APM Terminals if it takes over Panamanian ports of Cristóbal and Balboa
Hong Kong
The Chinese company warns that the continued operation of the airports depends solely on the actions of the Supreme Court and the Panamanian state.
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
Annual container traffic handled by the port of Algeciras remains stable.
Algeciras
A 6.2% decrease in the weight of goods in containers was recorded
The EU Commission authorizes Italy to provide financial support for rail operations in ports.
Rome
Incentives for a maximum total of 30 million euros over five years
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Shipping companies urge further incentives to speed up restoration of Suez Canal transits
Ismailia
The need to reduce insurance premiums for vessels transiting the Red Sea region was also highlighted.
€3.1 million in unpaid regional maritime property fees recovered in Campanian ports
Naples
422 default notices to non-compliant dealers
In November 2025, freight traffic in the ports of Genoa and Savona-Vado dropped by -5.5%.
Genoa
The two airports recorded percentage variations of -7.5% and +0.6% respectively
EU ETS: Interferry calls for a halt to the 100% charge for ferry emissions in 2026.
Victoria
The vast majority of the revenues from the maritime ETS - the association denounces - are diverted to the national budgets of the Member States.
The new configuration of the Ocean Alliance service network confirms seven calls at Italian ports
Hong Kong/Taipei
Two at the port of Genoa, two at that of La Spezia and one stop each at the ports of Vado Ligure, Trieste and Salerno
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Last year, freight traffic in the port of Marseille-Fos increased by +5%
Marseille
Cruise passengers grow by +7%
AD Ports has acquired the Spanish shipyard Astilleros Balenciaga.
Abu Dhabi
Transaction worth 11.2 million euros
CMA CGM reports three services on the route around the Cape of Good Hope
Marseille
The international scenario - explains the French company - is complex and uncertain
COSCO Shipping Ports' terminals handled record container traffic last year
Hong Kong
Growth of +6.2% over 2024
In the fourth quarter of 2025, freight traffic in the port of Venice grew by +13.5%
Venice
An increase of +4.9% was recorded for the whole year
Buffer areas to decongest the North West logistics system
Genoa
The proposal is from Connect. Let's remember, Palenzona warns, that the Italian system depends on road haulage.
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
In 2025, Russian ports handled 884.5 million tons of cargo (-0.4%)
St. Petersburg
In the fourth quarter alone, traffic was 231.1 million tonnes (+6%)
The port of Civitavecchia has set a new annual cruise traffic record
Civitavecchia
A 5.4% increase in transit passengers. Disembarking and embarking passengers remained stable.
A ship coming from Russia was seized in the port of Brindisi
Toasts
Alleged violation of sanctions against the Russian Federation
FS Logistix takes over railway operations in Area 6A of the Port of Antwerp.
Antwerp
New generation hybrid locomotives will be used
Greek Shipowners' Association urges EU to take measures to protect ships and crews
Piraeus
Call for expressions of interest for the refurbishment and management of the cruise terminal at the Port of Gibraltar
Gibraltar
Applicants must be willing to fully finance the work
In 2025, acts of piracy against ships increased by +18%
In 2025, acts of piracy against ships increased by +18%
Kuala Lumpur
A 43% decrease in accidents was recorded in the last quarter
InRail to manage the Interporto Pordenone intermodal terminal for a year
Pordenone
Temporary solution in view of the establishment of a public-private company
Turkey's Kuzey Star Shipyard to Build Shipyard in Syria's Tartous Port
Damascus
An investment of at least $190 million over five years is expected
In 2025, cargo traffic in Ukrainian ports decreased by -15%
Kiev
Container traffic grows by 66%
Container traffic in the port of Hong Kong decreased by 5.7% last year.
Hong Kong
In the fourth quarter alone the decline was -8.0%
In 2025, PSA's port terminals handled record container traffic
Singapore
New peaks in volumes handled in Singapore and the group's overseas terminals
Chinese CMPort's port terminals handled record container traffic last year
Hong Kong
The total was 151.5 million TEUs, an increase of +4.0% over 2024.
COSCO orders 12 new 18,000-TEU and six 3,000-TEU containerships
Hong Kong
Jiangnan Shipyard, China Shipbuilding Trading, and COSCO Shipping Heavy Industry win $2.7 billion in orders.
The port of Trieste closed 2025 with a 0.7% growth in freight traffic thanks to the increase in crude oil prices.
Trieste
The port of Gioia Tauro has once again set its container traffic record
The port of Gioia Tauro has once again set its container traffic record
Gioia Tauro
In 2025, the previous peak recorded the previous year will increase by +14%.
Port of Singapore sets new all-time container throughput record
Port of Singapore sets new all-time container throughput record
Singapore
The port confirms its position as the world's second largest container port
The volume of cargo traffic in the port of Koper will remain unchanged in 2025.
Koper
Increase in containers and rolling stock. Decline in other types of cargo.
Taiwan's Evergreen, Yang Ming and WHL close 2025 with double-digit revenue declines
Taipei/Keelung
In 2025, piracy attacks against ships in Asia increased by +23%
Singapore
The severity of accidents has decreased
The Democratic Party accuses the government of blocking investments in ports and placing the Port System Authorities under special administration.
Rome/Genoa
Nova Marine Carriers, Bolten and Ership have acquired full control of VCK Port Logistics.
Lugano
Amsterdam has developed its only covered terminal capable of operating in all weather conditions.
In the fourth quarter of 2025, revenues generated by OOCL's containership fleet decreased by -17.2%.
Hong Kong
Transported volumes increased by +0.8%
TKMS submits non-binding offer to buy German Naval Yards
TKMS submits non-binding offer to buy German Naval Yards
Kiel
The Kiel-based company builds naval vessels and luxury yachts
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
De Wave Group has acquired French company DL Services.
Genoa
The company specializes in the design of industrial kitchens and the supply of technical components and spare parts on board
CMA CGM's TUX transatlantic service will call at the port of Salerno
Marseille
The line connects Turkey with the East Coast of the USA
Cruise traffic in the port of Piraeus increased by +9% last year
Piraeus
Approximately 1.85 million passengers moved
New intermodal connections between Northern Italy and Belgium by GTS Rail and CargoBeamer
Bari/Leipzig
Activated on the Padua-Zeebrugge and Liège-Domodossola lines
In 2025, cruise traffic in the port of Genoa grew by +6.5%
Genoa
Ferry passengers down 3.6%
Grimaldi took delivery of the PCTC Grande Manila
Naples
The vessel has a total capacity of 9,241 CEUs.
Expedition cruise ship Exploris One to be auctioned off
Nantes
It has a capacity of 144 passengers and 102 crew members.
SeaCube Container Leasing has acquired Martin Container.
Montvale
The company specializes in the refrigerated container segment
Pisano: The Simplified Logistics Zone has great strategic importance for the port of La Spezia.
La Spezia
RINA and HPC launch project to promote green ports in the Caspian region
Genoa
Five-year contract with the OSCE
Vard to build four Multi-Purpose Robotic Vessels for Ocean Infinity
Trieste
The contract has a total value of over 200 million euros
Hanseatic Global Terminals will become sole owner of Florida International Terminal
Rotterdam
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
The transportation sector enters a turning point with the adoption of artificial intelligence
Ulm
However, most companies are still in the early stages of this process.
Work completed to widen the access channel to the port of Livorno.
Livorno
The width between the two banks will be increased from 70 to 120 meters
Nexans sets a record for the depth of laying a high-voltage submarine cable on the Tyrrhenian Link
Paris
Installation at -2,150 meters
Funds for Spanish ports to adapt to the use of wind energy and other marine renewable energy sources
Madrid
Program with a total value of 212 million euros
CMD - Costruzioni Motori Diesel returns to wholly Italian ownership
Atella
Giorgio and Mariano Negri have acquired 67% of the capital held by the Chinese Loncin Motor Co.
Intesa Sanpaolo is financing the construction of three PCTCs for Grimaldi Euromed.
Milan
The new ships will be delivered later this year
Medlog acquires Australian intermodal operations of Seaway
Fremantle
The transaction will be completed within the first quarter of this year.
MIT has updated cybersecurity measures for national ships, ports and port facilities
Rome
A circular has been published which, among other things, introduces staff training
V.Group has bought the Danish company Njord
London
The company offers the shipping industry solutions for energy efficiency and decarbonisation
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
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
Spediporto's conference "Take opportunities navigating trade tensions" will be held in Genoa on December 1st and 2nd.
Genoa
It will be held at the Conference Hall of Banca Bper
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fire aboard the Majestic ferry in the Port of Genoa
Genoa
The flames were extinguished by the intervention of the on-board fire brigade and did not cause any injuries.
COSCO to acquire control of German logistics company Zippel
Hamburg
Agreement to acquire 80% of its capital
Colombo Port Sets New Annual Container Traffic Record
Columbus
Sri Lanka Ports Authority signs agreement with French shipping group CMA CGM
Viasat to exit British company Navarino's capital
London
ICG to support the Tsikopoulos brothers in reinvesting in the company
The Palau government ensures the full operation of the Naval Registry
Koror
Moses (BMT): Services continue to be provided in accordance with international procedures and standards
In the first nine months of 2025, freight transported on the Austrian rail network increased by +1.4%
Vienna
Growth of +4.9% was recorded in the third quarter alone
Saipem wins $425 million offshore contract to develop the Sakarya gas field.
The decree for the distribution of PNRR resources to interports has been signed.
Rome
The disbursement of 1.9 million euros is expected
Messina, a Genoese company, launches a new service to Algeria.
Genoa
The rotation touches the ports of Fos, Genoa, Barcelona, Algiers, Fos
FS Logistix is the first company in Europe to certify its carbon footprint for freight transport.
Rome
The FS group company has obtained ISO 14067 certification
WASS (Fincantieri Group) wins torpedo supply contract for Indian Navy
Trieste
Contract with a total value of over 200 million euros
FHP Intermodal will become operational on January 1st
Milan
FHP Group completes the integration process between its subsidiaries CFI Intermodal and Lotras
The Coral Adventurer cruise ship ran aground in Papua New Guinea.
Port Moresby
No harm to people on board
d'Amico International Shipping orders two new MR1 product tankers from Guangzhou Shipyard International.
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