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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
In August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Le Aziende informanoSponsored Article
ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
Cairo
In the first seven months of 2025, a decrease of -10.2% was recorded
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
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 seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
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