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Independent journal on economy and transport policy
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BRIEFS
October 25, 2011
The Business Timesweb site
Shipping News
  • HNA boasts 40b yuan warchest for foreign deals
    HNA Group, the Chinese investor in aviation, shipping and hotels, said it has access to as much as 40 billion yuan (S$8 billion) of credit lines to support acquisitions in Europe and the United States.
  • Baltic index slips, ship supply weighs
    The capesize market should remain supported by healthy iron ore and coal exports to China, even as the Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, turned negative at the end of last week.
  • China may double bunker suppliers
    China, with the world's busiest port at Shanghai, may double the number of local companies allowed to sell tax-exempt marine fuel as demand from ships increases.
  • Shabaab-Somali pirate links growing: UN

Sched Netweb site
  • Basel Convention eco-activists say HK Convention insufficient on scrapping
  • Ben Line Agencies opens its 100th office in Asia
  • Marine Department: Ferry involved in collision at Cheung Chau strayed off course
  • New liner services to boost Hamburg-Russia box traffic
  • OOCL has not cancelled its CCX, SCX, and SSX services as reported
  • CN joins Agri-Food to export Canada's containerised specialty grains
  • Freight Co Ltd offers emergency flood recovery logistics services
  • CSX quarterly profit up 12pc to US$464 million, revenue per unit up 10pc
  • Vladivostok Air flies to Singapore via Hong Kong twice weekly
  • Liuzhou Airport cargo volume up 32pc on January to September last year
  • St Louis-Lambert airport vows to fight for China hub, despite tax defeat

Exim Indiaweb site
  • Asia-Europe spot rates fall; transpacific decline slows
  • BBC Chartering sets sail
  • CMA CGM Group upgrades ASEA service between Asia, Kenya & Tanzania
  • Container shipping could face long period of oversupply
  • DHL India berths largest self-propelled barge at Paradip Port
  • ICS says flag states must enforce rules
  • K. Mohandas to grace AMTOI Day on November 2
  • Rickmers-Linie selected for delivery of Airbus fuselage sections to France
  • Strong Chinese appetite for ore to push up dry bulk rates
  • Tanker rates at seven-week high
  • Handicrafts exports surge 22 pc in Aug.
  • APM Terminals Mumbai stresses on caring for people as part of Safety Day
  • Nisha Roadways adjudged 'Container Transport Operator of the Year (Road)' at MALA 2011
  • Adopt cluster approach to get edge in exports: Exim Bank

International Transport Journalweb site
OCTOBER 24, 2011
  • Huge rail market growth expected in Middle East
    The Middle Eastern rail market volume stands at EUR 1.6 billion, and is set to increase by an average of 13% per year to reach EUR 3 billion by 2015, according to a study entitled ...
  • Czech Airlines awards Aero Cargo GSA contract for Germany
    Czech Airlines has extended its cargo GSA relationship with the ECS Group by appointing Aero Cargo as its new partner in Germany. The airline previously awarded cargo GSA contracts...
  • Australian north coast rail upgrade proceeding apace
    The elimination of sharp bends in the interstate rail network between Newcastle and Queensland (Australia) is progressing on schedule, with a section between Rappville and Leeville...
  • Loxx to cooperate with Demas in Turkey
    The German transport company Loxx now cooperates with the Istanbul-based logistics service provider Demas International Lojistik Hizmetleri ve Tic. As part of the cooperation, Loxx...
  • UK P&I Club announces 3% overall increase for 2012
    The premium rating of all UK P&I Club members will be increased by 3% on 20 February 2012. This was agreed by the UK Club's directors at a recent meeting in Athens. The decisio...
  • Charleston breakbulk volume surges with USD 23 million investment
    With a USD 23 million improvement project at its Columbus Street Terminal completed, the South Carolina Ports Authority (SCPA) is enjoying a surge in non-containerised cargo at the...
  • ALE appoints Alberto Pittaluga as country manager of new Iraq office
    ALE, a large and heavy load specialist headquartered in Staffordshire (UK), has opened a new office in Basra (Iraq), its first base in that country. Basra was chosen due to its str...
  • Fesco and BLG Logistics to cooperate in Russia
    The BLG Logistics Group and the Fesco Transportation Group have announced the creation of a joint venture to develop integrated logistics solutions for the automotive industry in R...
  • Aircastle provides two aircraft to support Southern Air's fleet renewal
    Aircastle Limited, a global company that acquires, leases and sells high-utility commercial jet aircraft to airlines throughout the world, and Southern Air Holdings have entered in...
  • Wüst building new logistics centre in Germany
    The excavators moved in at Wüst Logistik's headquarters in Weissenburg (Germany) recently, planning to complete the first stage of a new logistics centre by March 2012. The centre ...
  • ALC urges push for Australian transport regulation reform
    The Australian government's second so-called seamless economy agenda must focus on reforms that abolish inconsistent regulations and red tape between states, all of which adds cons...
  • 1 million flights for air traffic management system
    With the words "you're identified", the air traffic controller confirmed the initial call of the Lufthansa pilot of flight DLH729 from Shanghai Pudong to Frankfurt, and t...

Marine Logweb site
OCTOBER 24, 2011
  • Harris Pye completes $4.3 million of work on West Pegasus
  • LCS 3 completes builder's trials
  • Bridge team chatted about Cat Women as HSV sliced through fishing vessel
  • Marine interior specialist adds to backlog
  • Arctia to convert multi-function icebreakers to meet US EPA Arctic regs

World Wide Shipperweb site
OCTOBER 24, 2011
  • Port of Bellingham seeks comment on Airport Master Plan development
  • Two new members selected for Vancouver Fraser port board
  • DHS taps BSI Group for port cargo screening aid
  • Port of Seattle coping with Alaskan Way Viaduct closures
  • Letter of Interest period extended for Newport Port Commission post

Lloyd's Listweb site
OCTOBER 24, 2011
  • Brussels blocks SNCF plan to give ailing SeaFrance $139m funding
    Competition competitor says aid 'incompatible' with European rules
  • Heidmar pools sign up four new ships
    One VLCC and three aframaxes boost total fleet to 126
  • K Line sells two aframax tankers
    Deals in addition to VLCC sale, as Japanese owner shrinks fleet
  • VLGC market rally takes a breather
    Fixtures fail as caution clouds global LPG sector, leaving owners willing to discount rates
  • Kiel Canal a step closer to new locks
    Meeting raises prospects of Federal funding
  • ABN Amro to double shipping book
    Bank's transport chief Gust Biesbroeck says bottom of industry cycle good time to get in
  • Cash-rich Greek owners taking advantage of falling VLCC values
    At only a third of newbuilding prices, 10-year-old vessel values offer investment opportunity
  • Fesco adds Tacoma to Vladivostok service
    Fortnightly departure linking US Pacific Northwest to Russian Far East will offer 14-day transit time
  • Frontline continues to offload tankers
    Two more suezmax vessels reported up for sale in the secondhand market
  • Galileo finally leaves launch pad
    EU's answer to US GPS lifts off
  • Wärtsilä readies business for green rush
    Environmental services and gas engines key products for the future says new boss
  • India's oil destiny is linked to the Commonwealth
    India has the means but not the ways to tap its deepwater hydrocarbon reserves. There is an institution that could fill the gap
  • Asia takes premium pickings
    Gauging the size of the global marine market is hard, but it is clear Asia is on the rise and London is even more important than previously thought
  • Samudera's gross profit falls 85%
    Bunker prices and increased container charter hire rates push cost of services to nearly $109m
  • Demolition market in the doldrums
    Scrap rates fall below $500 per ldt with continued mismatch between breaker and cash buyer price ideas
  • Frangou fingers European problems as threat for bulk
    Navios Maritime Partners will be 'unaffected' by credit squeeze facing owners
  • Creditors release arrested Seaarland aframax
    RBS and Credit Agricole must now work with company on Chapter 11 restructuring plan
  • Short-period capesize charters hit $21,000 a day
    Spot market sentiment improves despite pessimism over China iron ore demand
  • Lloyd Fonds poised to get $21m injection from AMA Capital Partners
    Cash boost would allow the KG house to participate in part-consolidation
  • Scorpio Tankers charters in LR2 product tanker
  • UK releases national ports policy
    Long term port capacity demand to remain unaffected by global economic crisis
  • Northern Europe ports 'most efficient'
    Box ports have four times the throughput of southern rivals
  • STX Group confirms assets sales
    Owners of STX Pan Ocean and STX OSV will raise funds by stake sales in unnamed overseas assets by early 2012
  • Dr Peters KG fund files for insolvency
    Banks call in loan on fund that far exceeds market value of ships
  • EU ban on conferences fails to win a following
    Europe finds itself isolated, with no sign of a wider reform of maritime competition law
  • Trailer Bridge chief executive departs
    Latest development precedes crucial bond maturity in November
  • Noatum to stamp its name on former Dragados terminals
    Port operator wants to 'consolidate' its leadership in Spanish market
  • Like the Somme
    The mortality rate for Somali pirates suggests that they are formidable because they are desperate
  • Human cost of piracy
    The ordeal of Calixto Caniete, master of the Remuar, is a reminder of the urgency of dealing with the pirate scourge
  • Costs hit SITC profits as intra-Asia volumes increase
    Nine-month earnings show high growth in expenses balanced by one-time gains

Fairplayweb site
OCTOBER 24, 2011
  • High Oz dollar moves shipbuilder to Philippines
    AUSTRALIAN shipbuilder Austal said it plans to expand into Asia and possibly Europe
  • Frangou resets fee terms
    ANGELIKI Frangou's Navios Partners today announced profits in line with expectations and a new management deal that promises higher fees to parent Navios Holdings
  • Trailer Bridge boss quits
    BOX-BARGE operator Trailer Bridge has confirmed the resignation of CEO Ivy Barton Suter as the company's bond maturity deadline nears
  • 'Pouncing on' stray tankers
    JAPAN'S No 3 carrier 'K' Line has sold a 2001-built VLCC and a 2002-built Aframax tanker, brokers told Fairplay today
  • NYK losses more than double
    NYK LINE has become Japan's third major carrier, after MOL and 'K' Line, to predict worse losses for 2QFY2011
  • Oz ports returning to costly waiting game
    THE WAIT to dock at Australia's Newcastle port will increase to 54 ships by the end of next month, IHS McCloskey predicted today
  • VLCC demand immune to 40% distance cut?
    TANKER voyage distances are likely to be cut by 40% when the Trans Myanmar-China pipeline is ready in June 2013, but growing Chinese crude imports would ensure long-term demand for VLCCs
  • 90% tanker EPS fall warned
    NORWAY'S First Securities has predicted a sharp fall in 3Q11 results for listed tanker companies
  • MPS defeats lender challenge
    MARCO Polo Seatrade of the Netherlands and three related companies have won jurisdictional challenges in their Chapter 11 case, paving the way for more international owners to file for US relief
  • Wärtsilä using loan for R&D
    FINNISH engine maker Wärtsilä said today it plans to use a €150M ($207.8M) loan from European Investment Bank for R&D
  • Workers escape harm in Polish blast
    AN INQUIRY into an explosion is under way today at the western Polish port of Swinoujcie
  • SITC profits slide 12.9%
    HIGHER costs have pushed down the profits of China's intra-Asia box specialist SITC by 12
  • PIL hits target for PST
    PIL HAS acquired hit its target on the number of shares in Pacific Shipping Trust it need to proceed with its plan to delist and privatise the trust
  • China's ore appetite plummets
    FAR FEWER ships are being chartered to haul iron ore to China, where stockpiles of the steelmaking ingredient exceed 90M tonnes
  • Holiday package: even more box pressure
    LONG-HAUL box rates are continuing their slide, with economic woes and skewed supply-demand fundamentals failing to provide enough confidence to bolster the sector

The Journal of Commerceweb site
OCTOBER 24, 2011
  • Mica Wants Long-Term FAA Bill by End of 2011
    House Transportation and Infrastructure Committee Chairman John Mica said he will take "every measure that's needed" to pass a four-year...
  • Diesel Prices Rise for Second Straight Week
    Diesel prices across the United States rose 2.4 cents in the week ending Oct. 24, increasing for the second straight...
  • Port of Seattle Imports Plunge 22.6 Percent
    Containerized imports into the Port of Seattle plunged 22.6 percent in September over the same month a year ago as...
  • Marten Transport Profit Rises 15.5 Percent
    Refrigerated trucker Marten Transport increased its net profit 15.5 percent to $6.3 million in the third quarter on higher operating...
  • FedEx Increases Holiday Hiring 18 Percent
    FedEx, showing strong confidence in U.S. consumers and e-commerce, says it will hire 20,000 seasonal workers to handle holiday deliveries...
  • Container Corp. of India Profit Down 16 Percent
    Container Corp. of India's profit in the second quarter fell 16 percent to $35 million, as the state-owned rail operator's...
  • Landstar System Profit Leaps 38.5 Percent
    Truckload giant Landstar System increased net profit 38.5 percent to $30.2 million on a 9.8 percent increase in revenue to...
  • Bob Evans Sells Midwest DC to Millard Refrigerated
    Bob Evans Farms is serving up a portion of its distribution network, selling its Springfield, Ohio, BEF Foods distribution center...
  • USA Truck Loses $4.3 Million, Rejects Celadon Talks
    Truckload carrier USA Truck rejected merger talks with larger rival Celadon Group despite falling back into the red with a...
  • US Distilled Grain Exports Will Rebound, Report Says
    U.S. exports of distilled grains with solubles should grow about 2.5 percent this season after declining 11 percent year-over-year in...
  • CN to Assist Grain Exporter with Supply Chain
    Agri-Food Central Ltd. has become the latest shipper to sign an agreement with Canadian National Railway whereby the two will...
  • Seeking Space, Creating Capacity
    "Share and share alike" is a maxim shippers find hard to follow, especially if it means sharing zealously guarded supply...
  • INTTRA Cargo Bookings Hit Record
    INTTRA, the e-commerce cargo-booking portal, said its electronic bookings reached a record high in the past two months. The...
  • Star Reefers Loss Widens to $14.1 Million
    Star Reefers' loss in the third quarter widened to $14.1 million from $3.7 million a year earlier as the Norwegian...
  • Japanese Exports Rise 2.4 Percent in September
    Japan's exports in September grew 2.4 percent year-over-year, increasing for the second straight month after five months of declines following...
  • Hong Kong Freight Tumbles 6.1 Percent
    Air freight moving through Hong Kong fell 6.1 percent year-over-year in September, the seventh straight monthly decline and a lackluster...
  • Trailer Bridge Replaces CEO
    Williiam G. Gotimer Jr. and Mark Tanner have been named co-CEOs of Trailer Bridge, replacing Ivy Barton Suter, who resigned...
  • Heading Down the Wrong Track?
    For months, year-over-year gains in rail freight traffic have countered gloom-and-doom warnings about the U.S. economy heading back into recession....
  • Drivers Dominate Trucking Worries
    What's keeping trucking executives awake at night as 2012 approaches? If it's not the threat of a double-dip recession, it's...
  • All Tracks Lead to Virginia
    The two Class 1 railroads serving the ports of Virginia are playing musical chairs. When the music stops, the big...
  • Not So Fast Track
    The Obama administration is moving quickly, by government standards, to reform the regulations that delay outbound shipments or add unnecessary...
  • US Takes a Latin Leap
    Latin America was the United States' fastest-growing partner among the major trading regions during the last decade, according to the...
  • Brazil Leads the Way
    Latin America's economies are as varied as the countries' political and economic foundations. "Every country is moving at a different...
  • Kickin' It Up a Notch
    For decades, economists have been telling the international trade and transportation industries that Latin America is the region of the...
  • The Cost of Inaction
    We're about a year away from the 2012 presidential election, and it's obvious to all that partisanship again is getting...
  • US-Canada's Taxing Debate
    One country's container tax is another country's trade barrier. A coalition of six major U.S. West Coast ports and two...
  • Rocky Road to Transport Deals
    Ray LaHood has had enough. President Obama's Republican transportation secretary, frustrated by lack of congressional progress to fix the nation's...
  • When the ASCE Talks, Congress Listens
    The American Society of Civil Engineers likely never intended to be the Cassandra of U.S. infrastructure decline, but Washington hears...
  • Big Ships, Bigger Decisions
    With the global shipping industry facing overcapacity, a decision over deployment is hardly an idle question for carriers ...
  • Matching Shippers, Mixing Modes
    Third-party logistics providers are by nature intermediaries linking shippers with carriers of all types. Now they're linking shippers with shippers....

Containerisation Internationalweb site
OCTOBER 24, 2011
  • TT Club advises on equipment theft
  • Transpac rates down again amid gloomy forecasts for Q4 11
  • Canadian Pacific and partner converting flatbed freight to intermodal
  • Plenty to beef about down Paraguay way
  • Triple E class series scoop CI Award

TradeWindsweb site
OCTOBER 24, 2011
  • Hansa hops into Heidmar pool
    Connecticut-based tanker operator beefs up aframax stable with a pair of new additions from Hamburg.
  • WFP intervenes
    Wage and welfare claims stall future dealings between United Nations World Fuel Programme and Russian bulker.
  • Courage snatches resale
    Hsu Chih-Chien-led bulker owner ready to renew fleet as it prepares to pay $26.6m for supramax newbuilding.
  • Prosafe fills floater
    Oslo-listed accommodation specialist poised to pocket $34m from deal with Aussie energy giant.
  • Long search over
    Rederi AB Transatlantic appoints Volvo's Helene Mellquist as new finance chief, ending year-long recruitment drive.
  • Trailer trips
    Shares of US-listed liner outfit take a hit as bond deadline nears and chief executive heads for the door.
  • Cantor downs tanker tips
    More bad news for crude tanker owners as bank takes red pen to its spot rate forecasts for Q4 and 2012.
  • Log ship blocked
    Greenpeace activists halt what they claim is illegal export of timber from Papua New Guinea on Chinese bulker.
  • Scopio bags tanker charter
    Tanker operator beefs up fleet with the addition of a chartered in aframax.
  • Euro wobbles worry Frangou
    Navios Partners chief fears European debt crisis could upset improved dry-cargo market as owner matches Street in Q3.
  • Axe falls on Samudera profit
    Regional liner's bottom line knocked back a third as cost pressures increase.
  • Crewman found dead
    Young Scottish cadet's body discovered in front of laptop in cabin of Ever Sigma in Kong Kong.
  • 70 injured in ferry smash
    Three passengers seriously hurt as New World First Ferry vessel hits mooring pillar in Hong Kong.
  • Guards save Seaworld tanker
    Armed security team fends off attack on Greek tanker in the Somali Basin, TradeWinds is told.
  • Cosco port interest hots up
    Visit by top Chinese official to Athens peps up talk around sale of Piraeus stake.

American Shipperweb site
OCTOBER 24, 2011
  • Bridge of flowers
  • Century's new NVO
  • Geodis-ography
  • Smart guys do dumb things too
  • Air freight lumbers toward year end
  • Big ships and hubs
  • The decade in finances
  • Riskier than it seemed
  • Where we stand
  • Embracing 'big data'

The Bunker Bulletinweb site
OCTOBER 24, 2011
  • Fujairah prices rise
    Earliest delivery dates from November 4-5.
  • Rotterdam and Hamburg bunker prices mixed
    Tights avails reported in Rotterdam.
  • Israeli court imposes country's 'highest ever fine' for oil spill
    Mediterranean Shipping Company fined $280,000 for Haifa bunker spill.
  • Icebreakers to be modified to cut emissions
    Engines will be be able to use Ultra Low Sulphur Diesel.
  • Russian supplier reports year-on-year growth
    Gazpromneft Marine Bunker says sales up by 37%.
  • Bunker player announces recruitment drive
    New traders wanted for its European offices.
  • Bunker prices firming as week begins
    Bunker avails mixed across key Asian ports on Monday.
  • Higher operating costs trim SITC profits
    Increases in bunker and charter costs.
  • Fishing vessels 'harassed' as they approach port to bunker
    Spanish operators say Argentine Navy is threatening them with fines.
  • Technology firm puts spotlight on PM and black carbon emissions
    Says its emissions sensor can measure PM and help operators evaluate ECA compliance and BC mitigation strategies.
  • Chinese government plans expansion of bonded bunker operations
    Ministry of Commerce formulating plan after receiving applications, says Sinopec spokesman.
  • Saudi Aramco sells low viscosity parcel at firm premiums
    Refiner fetches strong premiums due to heavy arrivals of high viscosity, high density cargoes amid low blendstocks.
  • Salvage ops on stricken vessel make 'good progress'
    Around 337 mt of oil had been pumped out of Rena as of Sunday afternoon.
  • Sinopec commences ops at new oil storage facility
    Jiangyin-based facility will store 30,000 mt of 380 cSt and 7,000 mt of MGO.

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