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15 November 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
October 26, 2011
The Business Timesweb site
Shipping News
  • Thoresen Shipping shifts front office to Singapore
    THE dry bulk unit of Thoresen Thai Agencies has relocated its commercial front office from Bangkok to Singapore to be closer to its trading house customers, most of which have regional head offices here. It will up its headcount from two to seven in Singapore, while its Bangkok back office keeps its 90-strong operations team.
Strait Talk
  • ICS study raises questions about training
    IT IS said that more than 70,000 vessels transit through the Malacca and Singapore Straits in a year. That works out to over 150 a day and I do not know whether that figure includes every tug and barge set, to say nothing of every fishing boat and perahu that weaves its often erratic way along and across this strategically important international waterway.
Shipping Times
  • L&T relooks viability of India rail project
    LARSEN & Toubro Ltd, due to build and run a railway in the Indian city of Hyderabad, said it may have to 're-look' the viability of the 141.3 billion rupee (S$3.6 billion) project because of hold-ups in acquiring land.

The Business Timesweb site
Shipping News
  • Thoresen Shipping shifts front office to Singapore
    THE dry bulk unit of Thoresen Thai Agencies has relocated its commercial front office from Bangkok to Singapore to be closer to its trading house customers, most of which have regional head offices here. It will up its headcount from two to seven in Singapore, while its Bangkok back office keeps its 90-strong operations team.
Strait Talk
  • ICS study raises questions about training
    IT IS said that more than 70,000 vessels transit through the Malacca and Singapore Straits in a year. That works out to over 150 a day and I do not know whether that figure includes every tug and barge set, to say nothing of every fishing boat and perahu that weaves its often erratic way along and across this strategically important international waterway.
Shipping Times
  • L&T relooks viability of India rail project
    LARSEN & Toubro Ltd, due to build and run a railway in the Indian city of Hyderabad, said it may have to 're-look' the viability of the 141.3 billion rupee (S$3.6 billion) project because of hold-ups in acquiring land.

The Business Timesweb site
Shipping News
  • Thoresen Shipping shifts front office to Singapore
    THE dry bulk unit of Thoresen Thai Agencies has relocated its commercial front office from Bangkok to Singapore to be closer to its trading house customers, most of which have regional head offices here. It will up its headcount from two to seven in Singapore, while its Bangkok back office keeps its 90-strong operations team.
Strait Talk
  • ICS study raises questions about training
    IT IS said that more than 70,000 vessels transit through the Malacca and Singapore Straits in a year. That works out to over 150 a day and I do not know whether that figure includes every tug and barge set, to say nothing of every fishing boat and perahu that weaves its often erratic way along and across this strategically important international waterway.
Shipping Times
  • L&T relooks viability of India rail project
    LARSEN & Toubro Ltd, due to build and run a railway in the Indian city of Hyderabad, said it may have to 're-look' the viability of the 141.3 billion rupee (S$3.6 billion) project because of hold-ups in acquiring land.

Sched Netweb site
  • NYK follows 'K' Line and MOL to forecast larger loss in second quarter ending Sep 30
  • Pinxiang Integrated Bonded Area opens to boost ASEAN trade development
  • Ningbo port's third quarter container volume up to 4.18 million TEU
  • Alanshankou customs August cargo flow up 6.2pc with Kazakhstan
  • MSC to adjust bunker rates with effect from November 3
  • UN's Basel 'toxic' waste shipping ban moves closer to implementation
  • MSC brands its second Far East-west coast South America string as 'Alpaca'
  • MOL comes to the aid of flood victims in Thailand
  • NYK Group to provide aid to flood victims in Thailand
  • Cargo volume at HKIA drops in September
  • HNA and Bravia Capital acquires Turkey's ACT Airlines
  • Air freight throughput at Changi edges up 2.2 pc in September

International Transport Journalweb site
OCTOBER 25, 2011
  • New cranes for Yucatan container terminal
    The Yucatán container terminal, which is owned by Spain's Grup TCB, has acquired three new cranes for about EUR 700,000. The Linde reach-stackers have started operations and brough...
  • Fesco introduces Tacoma-Vladivostok service
    Fesco Russian Pacific Line (part of the Fesco Group), has added Tacoma to its network by introducing a fortnightly service to Vladivostok and all points in the Russian Far East. Th...
  • Russian and Slovak railways to cooperate
    Russian Railways and the Railways of the Slovak Republic have plans to cooperate. A corresponding memorandum of cooperation was signed recently to facilitate the development and up...
  • AA Cargo celebrates 20 years at London Heathrow
    American Airlines Cargo (AA Cargo) last week celebrated 20 years of flying directly between London Heathrow and the USA, holding a reception for its key cargo customers. AA Cargo w...
  • New IT system for world's largest air cargo terminal
    Hactl's SuperTerminal 1 - the world's largest independent air cargo handling facility - will operate with a new cargo management system from December, following three years of deve...
  • Panalpina is Cargo 2000 phase 1 certified
    The Basel-based logistics provider Panalpina is now Cargo 2000 certified for phase 1. Cargo 2000 is an industry initiative in three phases that aims to implement a quality manageme...
  • Daimler Trucks North America to ramp up truck output
    Daimler Trucks North America plans to ramp up production of Western Star heavy-duty trucks at its plant in Portland OR, for which it will add a second shift. The increase in produc...
  • Martin Gauss new CEO of airBaltic
    The supervisory board of the Latvian national airline airBaltic has appointed Martin Gauss as its new CEO and chairman of the executive board, with effect from 1 November. He has 2...
  • New Fiat Ducato model on sale
    After three decades of production and five generations, a new model of the Fiat Ducato, one of the most popular commercial vehicles, is going on sale. The three power outputs from ...
  • Dachser USA opens Dallas branch
    Dachser USA, a subsidiary of the German logistics services provider Dachser, has opened a new branch in Dallas TX, to take the growing import and export business in northern Texas ...
  • Yusen Logistics renews contract with Kingfisher
    Service provider Yusen Logistics has renewed and extended a contract to manage Kingfisher's European imports. Adding to an existing contract's origin points in northern and souther...
  • Delice de France contracts Norbert Dentressangle in UK
    The French transport and logistics group Norbert Dentressangle has signed a new temperature-controlled warehousing contract with the baked goods manufacturer Delice de France in th...
  • UIRR endorses EU Commission energy taxation proposal
    The International Union of Combined Road-Rail Transport Companies (UIRR) has endorsed the EU Commission's proposal which envisages several positive amendments to a European directi...

Marine Logweb site
OCTOBER 25, 2011
  • Matson moves to reassure Horizon Line's Guam cusomers
  • MARAD/SOCP to hold anti-piracy demonstration in Boston
  • Thordon Bearings names George Morrison Area Sales Manager for Western Europe
  • BMT Argoss and International Paint partner to deliver measurable hull coatings performance
  • BBC Chartering adds SkySails equipped multipurpose vessel to fleet
  • Horizon Lines to discontinue trans-Pacific service

World Wide Shipperweb site
OCTOBER 25, 2011
  • Horizon Lines announces plans to end Trans-Pacific container service
  • Port of Tacoma slates meetings to discuss 2012 business plans
  • Coast Guard Auxiliary unit plans Garibaldi haunted house
  • VIPs celebrate first project at Grays Harbor business incubator
  • NYK cruise ship honored with three Travel Weekly awards

Lloyd's Listweb site
OCTOBER 25, 2011
  • SITC numbers reflect stable intra-Asia trade
    Tepid earnings results of boxline specialist have obscured its solid focus on regional growth
  • Solvency II risk strategies raise concerns over capital requirements
    Regulators' view of risk and investment strategies remains key issue
  • Pause in dry bulk asset values' decline
    Baltic Exchange reports all major vessel prices plateau for first time in more than a year
  • Court of Appeal throws up exceptions to freezing orders
    Distinction drawn between party in enforcement of arbitration award and judgment debtor post-judgment
  • Panamax period charter volumes hit seven-month high in October
    Increased short-term contracts coincide with improved charter rates
  • Salvage industry would fail to cope with major casualty
    Salvage insiders plead for greater investment as shipping evolves
  • Shipowners' Club members to see no general premium increase in February
    P&I club reports free reserves of $210m and says investment returns have been healthy
  • London P&I clubs risk being made history
    A sense of drift, decay, indecision and ineffectual governance has permeated parts of the UK P&I industry
  • Backhaul gasoil trade keeps rising
    Europe expected to increase imports of US diesel
  • Rising South American demand boosts product tankers
    Brazil's thirst for middle distillates set to increase as World Cup and Olympics loom
  • Owners feel pinch as US gasoil imports slump
    Fewer product tankers trading on TC2 Europe to US Atlantic route
  • Modern Istanbul carves an expansionary path
    Turkey's shipowners have invested heavily in newbuildings and have extensively modernised their fleets
  • North Sea aframaxes rally falls away
    Rates drop dramatically as activity in Atlantic basin slows and owners offer discounts
  • Slumping secondhand prices trigger $56m impairment at DHT Holdings
    Tanker company makes voluntary pre-payment of $24m to remain in compliance of covenants
  • Cargotec and Rosmorport form alliance
    Increased automation for Russian ports
  • Rising cargo volumes heading to Asia boost broker's fixture activity
    Braemar Seascope benefiting from Chinese and Indian dry bulk and oil demand but commissions stay low on poor charter rates
  • Conti makes co-operation work with Korea Line
    Shipowner and insolvent bulk operator maintain charters
  • Horizon Lines quits Pacific trades
    Falling freight rates lead to $44m loss on Asia-US route since January
  • Box lines warned against underestimating inventory levels
    Manufacturing and retail inventories have risen significantly, says Macquarie
  • Pirates release Iceberg 1
    Ro-ro held since March 2010 freed
  • Ferry operators warn over sulphur limits
    Ultra-low emissions limits will place $6bn burden on industry
  • Dutch courage
    ABN Amro's plan to hike its shipping portfolio does not change overall squeeze on lending
  • Orders at China's yards fall 43% year on year
    Deals lost at the expense of this year's migration back to South Korea
  • DP World volumes up in third quarter
    Liftings rise 10% on previous year
  • Braemar bank balance hit by overtonnaged shipping markets
    Group sees broking business' interim period operating profit halved
  • WEM bulk carrier seized in Singapore
    Bunker supplier claims $1m is owed
  • Qatar Navigation profits dive
    Fall in net income follows one-off gain from Qatar Shipping acquisition
  • Delayed finale
    When the freight trades picked up last year, there was a widespread assumption that the worst was over. Not so
  • Courage Marine lands supramax newbuilding
    Purchase for $27m is from a small Chinese yard owned by a steel producer

Fairplayweb site
OCTOBER 25, 2011
  • Piracy hijackings down
    PIRACY has risen to record levels, with Somali pirates behind 56% of the 352 attacks reported this year, according to the IMB
  • SeaFrance stymied for legal hearing
    CALAIS/Dover SeaFrance sailings are at a standstill today because the group's workers downed tools to journey to Paris for a key court session
  • Storm threatens gulf oil
    HURRICANE Rina is gaining strength today in the Western Caribbean, with a storm analyst warning it could shut in nearly 9.7M barrels of oil in the Gulf of Mexico
  • Sub-Panamaxes boxed in
    BROKERS told Fairplay today charter rates are plunging for sub-Panamax box ships because their slot costs are rising relative to expenses for bigger vessels
  • VLCCs east of Suez are north of breakeven
    BROKERS told Fairplay today VLCC rates east of Suez have finally peeked above breakeven as crude demand rises, heading into winter
  • Conti cuts newbuildings
    GERMAN KG house Conti Reederei has pruned back its bulker newbuilding programme
  • End-buyers rule breaking
    BREAKING markets are expected to be driven down this week by the continuing uncertainty over Bangladesh's recycling sector
  • Box rates fall below '09
    FREIGHT rates in the Far East/North Europe box sector have dropped into negative territory, lower than in 2009, a sector consultancy has warned
  • Frontline hunts new buyer
    FRONTLINE has placed two Suezmaxes on sale, Fairplay has learned
  • BSS's half-year profits drop
    BRAEMAR Shipping Services has blamed a weak shipping market for its fall in half-year profits
  • Greece, China sign trade deal
    ATHENS and Beijing have signed a trade deal that calls for increased Greek exports to China
  • NOL could lose $242M
    SINGAPORE'S securities group DBS Vickers expects losses for liner NOL will be $100M worse than previously estimated
  • Horizon pulls trans-Pacific plug
    HORIZON Lines will cease its FSX trans-Pacific service on 2 November and lay up all five box ships chartered from NYSE-listed Ship Finance International
  • Samudera's profits drop 37.8%
    HIGHER costs have deflated the profits of Indonesia's Samudera Shipping Line by 37.8% year on year for 3Q2011
  • Fire hits loading at Dalrymple Bay
    DAMAGE from last week's fire at the Dalrymple Bay Coal Terminal will slow ship loading until early December, IHS McCloskey reported today

The Journal of Commerceweb site
OCTOBER 25, 2011
  • CN Launches Large Share Buyback Program
    The board of directors at Canadian National Railway authorized the company to buy back up to 17 million shares of...
  • CN Profit Jumps 19 Percent on Record Loads
    Canadian National Railway's profit rose 19 percent to $648 million (C$659 million) in the third quarter from a year ago,...
  • HNA Buys Turkish Air Cargo Operator, Expands Fleet
    HNA Group bought a Turkish air cargo operator and will add up to 15 freighters over the next two years,...
  • Mica Coy on Congressional Response to HOS Ruling
    House Transportation and Infrastructure Committee Chairman John Mica said he's not ready to say how Congress will "aggressively oversee any...
  • UPS Slashes Asia Capacity 10 Percent
    UPS cut its air capacity out of Asia 10 percent during the recent third quarter amid a deep slowdown in...
  • Intra-Asia Ocean Carrier's Profit Falls 40.5 Percent
    Intra-Asia operator Samudera Shipping Line saw its third-quarter profit fall 40.5 percent year-over-year to $3.9 million, as rising operating costs...
  • Asia Exports Slide at NYK Line
    Japan's NYK Line says container volume from Asia to the United States and Europe fell 10.2 percent from September to...
  • Mica Backs Highway Bill as Jobs Measure
    House Transportation and Infrastructure Committee Chairman John Mica says a proposed six-year, $285 billion transportation plan will "be the core...
  • Alphaliner Says Some Asia-Europe Rates Below Zero
    Container freight rates on the Far East-North Europe spot market have dropped below zero after stripping out bunker surcharges, and...
  • UPS Profit Growth Slows on Flat Volume
    UPS reported a 5.1 percent gain in net profit in the third quarter on Tuesday, to $1.04 billion, as pricing...
  • Lufthansa Cargo Workers Strike Against Flight Ban
    Lufthansa Cargo employees walked off the job at Frankfurt airport Tuesday to protest a temporary ban on night flights at...
  • Used Commercial Truck Sales Rise in September
    Used truck sales bounced back in September after an extended slump during the summer, according to commercial vehicle research group...
  • CP Profit Falls 5.3 Percent as Intermodal Shrinks
    Third-quarter profit fell 5.3 percent at Canadian Pacific Railway to $184 million (C$186.8) million, as it lost 10.1 percent of...
  • Paccar Hits $4.26 Billion Quarterly Sales Record
    Truck manufacturer Paccar reported the highest quarterly revenue in its history as U.S. truck operators raced to replace aging heavy...
  • Ryder System Profit Up 44 Percent
    Ryder System increased net profit 44 percent from a year ago to $56.9 million as acquisitions and organic growth boosted...
  • EU Trust Busters Reject Sea France Restructuring
    European Union regulators rejected a $230 million restructuring of Sea France, casting doubt over the survival of France's state-owned freight...
  • Japanese Ship Orders Fall 77.1 Percent
    Japanese export ship orders fell for the fifth straight month in September on a year-over-year basis, plunging 77.1 percent to...
  • Shippers See Some Port Calls Skipped, Cargo Rolled
    Some trans-Pacific ocean carriers are skipping port calls and holding back vessel departures if bookings are weak, illustrating how feeble...
  • SIA Adds Frankfurt-Singapore Freighter
    Singapore Airlines is adding twice-weekly freighter service between Singapore and Frankfurt, adding Asia-Europe capacity just as a ban on night...
  • DP World Box Volume Jumps 10 Percent
    DP World's 10 percent year-over-year boost in container traffic in the third quarter was driven by strong growth at the...
  • Horizon Lines to End Trans-Pacific Services
    Horizon Lines is discontinuing its money-losing trans-Pacific service, a route that sought to sail in a niche market underneath the...

Containerisation Internationalweb site
OCTOBER 25, 2011
  • SSL's revenue up but profits down
    Intra-Asia container carrier Samudera Shipping Lines (SSL) saw its turnover soar by 24.5% to USD336.2 million in the first nine months of 2011 compared with the ...
  • AAPA urges Harbour Maintenance Tax to be used for dredging
    The American Association of Port Authorities (AAPA) wants USD6 billion collected from US Harbour Maintenance Tax (HMT) to be used to fund the dredging of harbour ...
  • Northern European ports 'still best' for central Europe
    Recent research carried out by Netherlands-based analyst NEA for the ports of Rotterdam, Antwerp and Hamburg shows that much of central Europe is still best served ...
  • Rena salvage moves forward
    The latest information released by the state agency Maritime New Zealand (MNZ) suggests that considerable progress has been made in pumping oil off the stricken ...
  • Australian navy rescues Maersk ship
    The Royal Australian Navy has stepped in to prevent another potential maritime disaster in Australasian waters after a Maersk-chartered container broke down near ...
  • Horizon to cut transpac service
    Just 10 months after launching its only transpacific service - the Five Star Express (FSX) - Charlotte-based Horizon Lines has announced that it is closing the ...
  • DP World up another 10%
    DP World has continued to out-perform the global average growth stakes of 7% t0 8% with its portfolio of container terminals registering a 10% rise in throughput ...
  • SITC posts mixed results
    Shanghai-based SITC International Holdings Company, which operates a range of intra-Asia liner shipping and logistics services, mainly centred on China, has announced ...

TradeWindsweb site
OCTOBER 25, 2011
  • Excel slides into red zone
    Gabriel Panayotides-led bulker owner logs third-quarter loss as troubled markets take toll on bottom line.
  • Matson fills Horizon void
    US operator poised to plug Guam gap while market waits for new entrant to tap Horizon Lines' abandoned loop.
  • All eyes on Omega
    Attention turns from New York to Houston as Marco Polo's legal eagles fight to keep Greek owner's bankruptcy in US.
  • Fairstar nets dual-cargo deal
    Norwegian heavylift operator inks second cargo contract for Hercules trip to boost semi-sub utilisation.
  • Jefferies tips tanker failures
    Bank warns there is a "strong possibility" for restructuring and bankruptcies before rates turn for the better.
  • Regent mulls cruise order
    Florida operator in talks with European shipyard over 50,000-gt newbuilding.
  • Horizon exits transpacific
    US operator prepares to lay-up leased SFI vessels following brief tour of duty in troubled territory.
  • Iceberg I ordeal over
    Azal Shipping vessel held by pirates for over 18 months set free after $4m ransom, sources say.
  • Blaydes makes the cut
    Current board member to replace Vitol's Paul Thomas as boss of Latvian Shipping.
  • Cosco sells spill ship
    Bulker which grounded off Norway in 2009 is finally cashed in by Chinese giant in $10.5m deal.
  • Bulker in trawler smash
    Tide Line's Amazon allowed to continue on to India after collision off Finland sinks fishing boat.
  • Ore deal for TransAtlantic
    Swedish ro-ro owner looks to expand into dry bulk with three-year contract.
  • Capital stacks it higher
    Evangelos Marinakis-led shipowner places $500m on the shelf for new ships and debt repayments.
  • Kherson building tanker
    Ukrainian plant starts work on river-sea crude/products carrier for Malta's SVL group.
  • Meiji set to make less
    Japanese tanker and bulker owner cuts half-year profit forecast despite expecting better revenue.
  • Car carriers look forward
    More cars and some restocking should provide welcome fillip to car carrier owners, says analyst.
  • Price pain nearing an end
    Charles Weber challenges the thesis that VLCC values will continue to plummet.
  • SeaFrance rescue blocked
    European Commission rejects loan from parent SNCF, placing future of struggling cross-Channel operator in doubt.
  • Scrap record to be broken
    Dry-cargo demolition benchmark for 2011 should be topped next year, Navios exec says.
  • SCI sells handymax
    Indian owner finds Bangladeshi buyer for 1986-built vessel at close to scrap prices.

American Shipper - Ocean newsweb site
OCTOBER 25, 2011
  • MOL's transpacific on-time improves
  • Free time extension in Thailand by MCC
  • Horizon drops transpacific service
  • Daily Maersk kicks off: A lion in winter?

The Bunker Bulletinweb site
OCTOBER 25, 2011
  • Vopak announces part ownership of South China storage facility
    Storage will be available to south east Asian countries as well as the domestic market.
  • IFO prices firm in Fujairah
    In Cape Town, MGO deliveries were available for supply up to and including November 8.
  • Call for clarity on sulphur regulations
    'The industry needs to be clear that there will be regulations and that there will be no delays,' legislators told.
  • Rotterdam prices firm
    Supplier tight for LS products in Hamburg.
  • Energy savings will be 'clear and transparent'
    International Paint says ship operators will be able to measure the reduction in energy use.
  • Cruise ship operator calls for ECA 'flexibility'
    'Averaging' is the most appropriate way the cruise industry can comply with sulphur rules, says Carnival UK.
  • Bunker prices up at major Asian ports
    Supplies of bunker fuel mixed at key Asian ports on Tuesday.
  • Andatee chief buys more shares
    CEO buys 18,282 company shares over two transactions on October 20.
  • Star Reefers Q3 losses widen
    Weak freight rates and high bunker fuel costs take their toll.
  • Chemoil moves to new office
    New office location effective October 17.
  • Almost a third of grounded vessel's bunker fuel removed
    Some 480 mt of oil pumped off Rena as of Monday afternoon.
  • Construction of bunker tanker newbuilds unaffected by Thailand floods
    ES Group will continue to assess flood situation, says CEO.

›››File
FROM THE HOME PAGE
BIMCO: Legal disputes threaten to hamper progress in ship recycling industry
London
Over the next decade, 16,000 ocean-going vessels will have to be scrapped, more than double the number of those scrapped in the decade just ending.
The EU will abolish customs duty exemptions for goods worth less than €150.
Brussels
A temporary solution is being studied to make the measure effective as early as 2026.
Significant resources for the expansion of the port of Bremerhaven, also for military purposes
Bremen
Approved financing of approximately 1.35 billion euros
In the July-September quarter, freight traffic in the port of Koper decreased by -4.9%
Ljubljana
Container growth
HMM reports a 23.8% decline in quarterly revenues
HMM reports a 23.8% decline in quarterly revenues
Seoul
In the period July-September the fleet of the South Korean company transported over one million TEUs (+3.7%)
Hapag-Lloyd's revenues fell by 11.3% in the third quarter.
Hapag-Lloyd's revenues fell by 11.3% in the third quarter.
Hamburg
The fleet transported more than 3.4 million containers (+6.1%). During the period, traffic handled by HHLA port terminals grew by +4.5%.
Salvini signs the nomination of eight more presidents of Port System Authorities
Rome
The Chamber of Deputies approved Consalvo's appointment as president of the Eastern Adriatic Port Authority.
Evergreen orders 14 14,000 TEU dual-fuel containerships
Taipei
Series of orders also for eight ship-to-shore cranes and other port equipment and for 90,500 containers
In the third quarter, the value of new orders acquired by Fincantieri grew by +44%
Trieste
MSC Cruises orders two more World-class ships from Chantiers de l'Atlantique
MSC Cruises orders two more World-class ships from Chantiers de l'Atlantique
Geneva
The contract is worth €3.5 billion. Delivery will take place in 2030 and 2031.
Evergreen, Yang Ming and WHL reported negative quarterly financial performances.
Taipei/Keelung
In the period July-September, revenues fell by -36.6%, -42.2% and -35.7% respectively.
In the July-September quarter, cargo traffic in Croatian ports decreased by -4.4%
Zagreb
Passengers on scheduled services decreased by 1.5%. Cruise passengers increased by 7.8%.
In the third quarter, Eurogate and Contship Italia port terminals handled 3.6 million TEUs (+15.6%)
In the third quarter, Eurogate and Contship Italia port terminals handled 3.6 million TEUs (+15.6%)
Hamburg
Historic traffic record in Wilhelmshaven
In the first nine months of 2025, goods in the port of La Spezia increased by +4.5%
La Spezia
Growth of +6.9% at the port of Marina di Carrara
Finnlines' revenues grew by 3.2% in the July-September period
Helsinki
Record passenger numbers onboard the fleet's ships. Cargo volumes decline.
Houthi militias announce cessation of attacks on ships in the Red Sea
Riyadh
Letter from the Chief of Staff to the Hamas Qassam Brigades
In the third quarter, traffic in the port of Venice decreased by -2.2%
Fincantieri to build ultra-luxury cruise ship for Regent Seven Seas Cruises
Trieste
Order from NCLH worth between 500 million and 1 billion euros
Today Washington and Beijing suspended their mutual measures against ships
Beijing/Washington
Application of additional taxes postponed by one year
The Suez Canal was crossed by the largest container ship in the last two years
Ismailia
The transit of the "CMA CGM Benjamin Franklin" on Saturday
EU shipping emissions hit record levels, T&E reports
Brussels
The association reiterates its proposal to extend the ETS to smaller vessels
In September, freight traffic in the port of Ravenna increased by +18.3%
Ravenna
In the third quarter of 2025, growth was +10.6%. A +58% increase in cruises is expected in 2026.
In the first nine months of 2025, freight traffic in the ports of the Southern Adriatic system decreased by -7%
Sea-Intelligence: Marked deterioration in the westbound transatlantic shipping market
Singapore
Last year, 13 seafarers died in accidents involving EU vessels.
Luxembourg
Nine deaths occurred on board fishing vessels
The European Parliament and the Council have reached an agreement on the calculation of greenhouse gas emissions from transport.
Brussels
Incentives are foreseen for small and medium-sized enterprises
The English port of Shoreham has won the ESPO Award for Social Integration of Ports.
Brussels/Rome
Assoporti received a special mention for its project on gender inequalities.
In the third quarter, the Ocean division of the Maersk group recorded a decrease in revenues of -17.4%.
In the third quarter, the Ocean division of the Maersk group recorded a decrease in revenues of -17.4%.
Copenhagen
Container ship volumes increased by 7.0%. The Danish company highlights the benefits of the VSA Gemini Cooperation.
The Chamber of Deputies has approved the final text of the proposed law on interports
ECSA and T&E welcome the STIP plan presented by the European Commission
Brussels
CER applauds measures to accelerate the development of high-speed rail
Only one proposal admitted to the competition for the construction of mooring points outside the protected waters of the Venice lagoon
Venice
It will now have to be developed by the proposing entity
The European Commission presents the plan to ensure the sustainability of maritime and air transport by guaranteeing the production of the necessary alternative fuels
Brussels
The one to accelerate the development of high-speed rail is also ready
In the third quarter, naval traffic in the Suez Canal grew by +2.5%
In the third quarter, naval traffic in the Suez Canal grew by +2.5%
Cairo/Ismailia
10.6% increase in transits in September
The first freight train opens the new Austrian Koralm railway line.
Villach
The infrastructure is part of the European Baltic-Adriatic Corridor
Norwegian Cruise Line Holdings reports record quarterly revenue
Miami
Decrease in passengers embarked
In the third quarter, freight traffic in the port of Palermo grew by +3.1%
Palermo
Cruise passengers increased by 8.8%. Ferry passengers decreased by 2.7%.
Italian De Wave Group acquires compatriots IVM, Electrical Marine, O.M. Project, and Cantieri Navali San Carlo
Italian De Wave Group acquires compatriots IVM, Electrical Marine, OM Project, and Cantieri Navali San Carlo
Genoa
Pompili: Our strategy is aimed at creating a national hub for the shipbuilding industry.
In the July-September quarter, ONE's revenues decreased by -24%
In the July-September quarter, ONE's revenues decreased by -24%
Singapore
The company's fleet transported more than 3.3 million containers (+1%)
Stena Line buys Finnish shipping company Wasaline
Stena Line buys Finnish shipping company Wasaline
Gothenburg/Vaasa
The ferry "Aurora Botnia" will remain the property of the cities of Vaasa and Umeå
Global Ports Holding will build and operate a cruise terminal in the port of Ferrol.
London/Ferrol
30-year concession contract
HD Hyundai partners with Siemens to revitalize US shipbuilding
Seongnam/San Francisco
In the July-September quarter, vessel traffic in the Bosphorus Strait decreased by -0.5%
Ankara
In the first nine months of 2025 the decline was -4.7%
In the third quarter, naval traffic in the Panama Canal grew by +7.0%
Panama
They transported a total of 62.6 million tons of goods (-0.4%)
Foreign traffic at Chinese seaports reached a historic record in the third quarter
Beijing
Containers also reach their maximum peak
The approval process for the Catania Port Master Plan has been completed.
Catania
Di Sarcina: We will immediately begin all the planned actions.
COSCO Shipping Holdings' revenues decreased by 20.4% in the third quarter.
Hong Kong
Containerized cargo carried by the Chinese group's fleet increased by +4.9%
US and China to suspend reciprocal taxes on each other's ships for a year
Washington/Beijing
Tariffs introduced to hit Chinese exports will be reduced in exchange for Beijing's aggressive fight against fentanyl.
Intermodal transport operators and associations urge the German government to take measures to save the sector
Brussels
Open letter to the Minister of Transport and the CEO of the DB Group
COSCO Shipping Ports reports record quarterly revenue
Hong Kong
The July-September period closed with a net profit of 99.2 million dollars (-3.6%)
CIMC's container sales decreased by -36.0% in the third quarter
Hong Kong
The reduction is due to lower demand for dry cargo containers
Agreement between IDS (Fincantieri) and Next Geosolutions for the development of Unmanned Surface Vehicles
Trieste/Naples
They will be used for civilian purposes in the Oil & Gas and renewable energy sectors
A cooperation agreement between the Italian and Indian port systems is being finalized.
Rome
Rixi met with Indian Minister of Ports and Shipping
CMA CGM and RSGT partner to operate a new container terminal at the port of Jeddah
Marseille
An investment of 450 million dollars is planned
The stranding of a ship did not interrupt shipping traffic in the Suez Canal.
Ismailia
Accident involving the sanctioned oil tanker "Komander"
Royal Caribbean Cruises Sets New Quarterly Financial and Operating Records
Royal Caribbean Cruises Sets New Quarterly Financial and Operating Records
Miami
Good prospects also for the 2026 season
Freight traffic handled by the port of Rotterdam remained stable in the third quarter.
Freight traffic handled by the port of Rotterdam remained stable in the third quarter.
Rotterdam
Containerized cargo volumes remained unchanged. Bulk cargo increased slightly, while rolling stock and conventional cargo decreased.
Pakistan offers Bangladesh the use of Karachi port for its foreign trade
Pakistan offers Bangladesh the use of Karachi port for its foreign trade
Dhaka
A direct air link between the two countries is planned.
The World Shipping Council and the China Shipowners' Association discussed reciprocal taxes on US and Chinese ships.
Shanghai
Beijing has reportedly introduced exemptions for US ships built in China
The German Rail Freight Association denounces the failure of the national rail network expansion plan.
Berlin
Westenberger: In recent years, federal governments have instead provided cement for the roads
Ties between the US and South Korean shipbuilding industries are further strengthened.
Ties between the US and South Korean shipbuilding industries are further strengthened.
Gyeongju
HD Hyundai and Huntington Ingalls Industries sign manufacturing cooperation agreement
Marsa Maroc and CMA CGM have formalized the agreement for the management of the new West Terminal of the port of Nador West Med.
Paris
It will become operational in 2027
SAS (MSC group) will exit Moby by selling 49% of its capital to Onorato Armatori
Rome
The AGCM announces that the commitments presented dissolve the structural and financial ties that had motivated the start of the investigation
Moving the cruise terminal in Trieste is being considered.
Trieste
Madriz (Trieste Passenger Terminal): ready to provide services wherever large ships choose to dock
The UIRR is disappointed by the European Commissioners' intention to withdraw their proposed amendment to the Combined Transport Directive.
Brussels
Sparks fly between the League and Brothers of Italy over the appointment of the presidents of the Port System Authorities.
Rome
Salvini accuses the majority party of obstructing them, absolving Giorgia Meloni from any responsibility
In the third quarter, freight traffic in the port of Taranto decreased by -22.9%
In the third quarter, freight traffic in the port of Taranto decreased by -22.9%
Taranto
Decline in all main product segments except liquid bulk
Kuehne+Nagel announces cost reduction program
Schindellegi
In the third quarter of this year, net sales fell by -6.8%
In the third quarter, DSV recorded a net profit of DKK 2.2 billion (-24.1%).
Hedehusene
Revenues rose 63.2% to a record $72 billion.
Fedespedi and Assiterminal are asking the Ministry of Transport for clarification and changes to the rules governing truck waiting times for loading and unloading.
Milan
Federlogistica: Before launching the port reform, a discussion with operators is necessary.
Genoa
Falteri: No reform can work unless it arises from a true, structured, and ongoing dialogue.
In the third quarter, freight traffic in Spanish ports increased by +0.7%
Madrid
Container cargo and dry bulk volumes are declining
ESPO calls for continued efforts towards a global solution on ship emissions despite referral to IMO
In the third quarter, freight traffic in the port of Antwerp-Bruges decreased by -2.8%.
In the third quarter, freight traffic in the port of Antwerp-Bruges decreased by -2.8%.
Antwerp
In addition to bulk cargo, containers also decreased
Luka Koper and CEVA Logistics launch joint venture for car traffic in Slovenian ports
Koper
CMA CGM has signed a declaration of intent
Greer (USTR): Chinese retaliatory measures will not prevent US from rebuilding its shipbuilding base
While for many the postponement of the Net-Zero Framework should be seen as an opportunity, for others it derails the path to decarbonisation of shipping.
Norwegian Cruise Line Holdings ships will refuel with renewable fuels in the port of Barcelona
Miami
Eight-year agreement with Spain's Repsol
The IMO MEPC has decided to postpone the vote on the shipping decarbonisation strategy by one year.
London/Brussels
Kazakhstan (ICS): Industry needs clarity. T&E, there's a risk that the agreement, even if adopted in a year, won't enter into force before 2030.
DHL Group revenues decreased by 2.3% in the third quarter
Bonn
Net profit was 888 million euros (+9.5%)
Fincantieri and KAYO sign agreement for the construction and maintenance of military vessels in Albania.
Trieste
The Municipality of Civitavecchia denounces that the Fiumicino cruise port project undermines the foundations of the law on ports
CMA Terminals (CMA CGM Group) to acquire 20% of Container Terminal Hamburg
Marseille/Hamburg
Agreement with the German Eurogate
Over 175 kilos of cocaine seized at the port of Gioia Tauro.
Reggio Calabria/Cagliari
Over 8,500 counterfeit items intercepted at Cagliari's Porto Canale
Global Ship Lease reports record quarterly revenue again
Athens
Youroukos emphasizes the solidity and excellent prospects of the small and medium-sized containership market
In the third quarter, Montenegro's ports handled 675 thousand tons of goods (+4.1%)
Podgorica
80.0% growth in cargoes to Italy
Svitzer acquires 66.6% of Norwegian towing company Buksér og Berging
Copenhagen
It has a fleet of approximately 35 tugboats and 25 pilot boats
The keel-laying ceremony for the new oceanographic vessel Arcadia took place in Piombino.
Piombino
Construction entrusted to T. Mariotti
The Management Committee of the Central Adriatic Port Authority has approved the 2026 budget forecast.
Ancona
An administrative surplus of 32.2 million is expected
The UNIPORT public meeting will be held in Rome on November 19th.
Rome
Among the topics at the centre of the meeting was the port system reform project.
Cruise passenger traffic at GPH terminals stable in the summer quarter
Istanbul
1,503 stopovers were recorded (+9.6%) for a total of 4.66 million passengers (+0.8%)
Ocean Network Express establishes its own shipping agency in Greece
Singapore
It will take over the activities of the ENA Shipping Agency
Regional Container Lines orders two new 14,000 TEU containerships from KSOE
Bangkok/Seongnam
MSC includes calls at Bremerhaven, Limassol and Beirut in the Levante Express service
Geneva
The line connects Northern Europe with the Mediterranean
AD Ports to acquire 20% stake in Latakia International Container Terminal
Abu Dhabi
Agreement with the CMA CGM shipping group
The Eastern Liguria Port Authority approves the 2026 budget and three-year plan.
La Spezia
The decree has been signed to begin construction on the new high-voltage electricity grid in the port of La Spezia.
A new SDC Customs Service Containers warehouse has opened in Porto Marghera.
Venice
It will be used for the storage and movement of goods at room temperature
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Moby is selling five ferries at a starting price of €229.9 million.
Vicenza
Sale and lease-back agreement expected for two of the vessels
d'Amico International Shipping's quarterly financial results decline
Luxembourg
Mottola Crossbow: The fundamentals of the tanker industry remain solid.
ICTSI posts record quarterly financial and operating performance
Manila
In the period July-September, container traffic in the group's terminals grew by +12.3%
Denmark's DFDS to cut 400 jobs
Copenhagen
The group is looking for a new CEO. Record revenues were recorded in the July-September quarter.
CEVA Logistics has completed the acquisition of Turkey's Borusan Logistics.
Marseille
Operation worth 383 million dollars
1,100 cars from the Chinese car manufacturer Dongfeng were unloaded in the port of Livorno
Livorno
Traffic is managed through the "Il Faldo" logistics area operated by XCA
Assiterminal, the MIT note clarifies that the 90-minute grace period applies only to waiting times
Rome/Genoa
Ferrari: The Conference of Port Authority Presidents could consider a sort of national program agreement.
Harren assigns a single brand to its heavy lift companies
Bremen
The fleet of 80 vessels will be operated under the single SAL brand.
Wallenius Wilhelmsen's revenues fell by 2% in the third quarter.
Lysaker
Net profit was $280 million (+8%)
ESPO has presented its new annual environmental report
Brussels
Climate change remains the top priority for European ports to address
Over €60 million from the PNRR for the ports of Naples and Salerno
Rome
Rixi: Let's make more effective use of European resources and accelerate the implementation of strategic projects.
Agreement between Escola Europea and DLTM to promote international mobility and maritime training
La Spezia
Synergies between the Ligurian maritime cluster and the port and training community of Barcelona
UPS has completed its acquisition of Canada's Andlauer Healthcare Group.
Atlanta/Toronto
Operation worth 1.6 billion dollars
CMA CGM to register ten new 24,212 TEU containerships in the French International Register
Marseille/Copenhagen
The company will take delivery of them starting from 2026
The National Maritime Fund has organised a meeting with the ITS Mare and the maritime training centres
Rome
It will be held on December 3rd in Rome
Two MSC Cruises Musica-class cruise ships undergoing refurbishment in Malta
Geneva
Work at Palumbo Malta Shipyard includes the construction of new suites
Increase in freight traffic in Tuscan ports over the past six months
Livorno
In the first six months of 2025, growth of +2.0% was recorded in Livorno and +4.9% in Piombino
Kalmar closes the third quarter with higher financial results and lower orders
Helsinki
The contribution of the services segment offset the lower performance of equipment sales
COSCO Strengthens Its Bulk Fleet with Orders for 29 Vessels
Shanghai
Orders worth a total of over $1.7 billion for 23 bulk carriers and six VLCCs
Tito Vespasiani has been appointed Secretary General of the Western Ligurian Sea Port Authority.
Genoa
The 2026 budget and the 2026-2028 three-year operational plan were approved.
Assiterminal: Technical roundtable on cruise tourism is a success.
Genoa
An important step - Cognolato highlighted - to enhance the territories and promote an integrated vision of the sector.
Fincantieri signs agreement to develop Saudi Arabia's maritime ecosystem
Trieste
It was signed with the Ministry of Industry and Mineral Resources of Riyadh
Yang Ming Signs Contracts for Six New 8,000 TEU Container Ships
Keelung
They will be delivered from 2028 and will replace 5,500 TEU ships
Rijeka Gateway Terminal officially opened
River
It is operated by the joint venture between APM Terminals and Enna Logic
New historical records for quarterly traffic of goods and passengers in Albanian ports
Tirana
2.25 million tons of cargo (+16.7%) and 1.01 million people (+6.4%) moved
The Management Committee of the Southern Adriatic Port Authority takes shape
Bari
The designations of some local administrations are still missing
The Senate's VIII Commission approved the appointment of eight Port System Authority presidents.
Rome
Parliamentary process completed
Carole Montarsolo has been appointed general manager of GNV Morocco
Genoa
Know-how from over ten years of relationships and direct presence in the area
The concession term for Metal Carpenteria in the port of Crotone has been extended.
Gioia Tauro
The deadline has been extended to November 14, 2033
In the period July-September, freight traffic in Tunisian ports grew by +5.4%
La Goulette
Cruise passengers decreased by -10.5%
Wärstilä Corporation closed the third quarter with sales of over 1.6 billion euros (-5.0%)
Helsinki
UPS's latest quarterly financial performance declines
Atlanta
Revenues down by -3.7%
Götz Becker appointed chairman of Interferry
Victoria
The president is Supapan Pichaironarongsongkram, who takes over from Guido Grimaldi
Accelleron and LAB021 partner to develop digital solutions to improve fleet operational efficiency.
The 2026 budget forecast for the Sardinian Sea Port Authority has been approved.
Cagliari
Among the objectives, the strengthening of operational infrastructures on land and dredging
Conference on the culture of prevention in the Italian logistics supply chain
Rome
Organized by Sanilog, it will be held on November 13th in Rome
The PCTC Grande Melbourne was christened and delivered to the Grimaldi Group in China.
Naples
It has a capacity of 9,241 CEUs
A new record in cruise traffic is expected in Italian ports in 2026
Catania
In Catania, Risposte Turismo presented the new edition of the "Italian Cruise Watch" report.
Quarterly freight traffic growth at the port of Barcelona. Declining in Algeciras.
Barcelona/Algeciras
In the period July-September, percentage variations of +1.8% and -4.1% respectively were recorded
Fincantieri launches the first integrated underwater drone system
Trieste
Tested at the Naval Support and Experimentation Center in La Spezia
Filt Cgil: The method adopted to define the port reform is unacceptable.
Rome
The union denounces the lack of involvement of workers' representatives and the lack of prior consultation.
General Assembly of Logistics: Northwest Alliance Renewed
Turin
Liguria, Lombardy, and Piedmont Regions, MIT, RFI, and Ferrovienord Sign Agreement
Konecranes reports quarterly revenue decline while orders rise.
Helsinki
In the period July-September, orders acquired for 1.15 billion euros (+20.1%)
GNV has taken delivery of the new ro-pax GNV Virgo in China
Genoa
It is the first ship powered by liquefied natural gas in the company's fleet.
A new maritime service for rolling stock to North Africa is underway at the Vado Ligure Reefer Terminal.
Vado Ligure
Connection with the Libyan port of Misurata
Grimaldi and China Merchants Shenzhen RoRo Shipping sign cooperation agreement
Naples
Expected to offer greater capacity and a broader and more efficient service network to support Chinese exports
The 2026 budget forecast and the POT of the Port System Authority of the Southern Tyrrhenian and Ionian Seas have been adopted.
Gioia Tauro
Piacenza: Cold ironing is also important to avoid having to face significant fines.
The Port of La Spezia has completed its first cold ironing tests at Molo Garibaldi.
La Spezia
The transformation cabin at the dock has been connected to the cruise ship "MSC Seaview"
Global Ports Holding has signed a contract to manage the Casablanca cruise terminal.
Istanbul
15-year agreement with option for a 20-year extension
A conference on e-commerce returns at LIUC
Castellanza
In the fashion sector they represent over 30% of online orders in Europe
Fincantieri and Defcomm sign agreement for the development of surface drones.
Trieste
Co-investment to accelerate its industrialization
Australian Scott McKay is the new president of the International Cargo Handling Association.
London
He took over from John Beckett
Container traffic in the port of Valencia fell by 11.6% in September.
Valencia
In the third quarter of 2025, overall freight traffic decreased by -3.2%
Container traffic at the Port of Long Beach increased by 0.7% in the third quarter.
Long Beach
Empty spaces are rising. Full capacity at boarding and disembarking is down 1.0% and 8.5% respectively.
Piacenza: The port of Gioia Tauro aims to handle seven million containers by 2029.
Genoa
Transhipment - he underlined - represents an essential gateway for international goods into the national market.
Arkas Line's new direct service connects the Eastern Mediterranean and Italy with West Africa.
Izmir
It will be held on a weekly basis
Assocostieri urges revitalization of the national bunkering sector
Genoa
Among the proposals, making it possible to use barges as floating storage facilities for alternative fuels
The Ministry of Transport has requested an agreement for Consalvo to become president of the Eastern Adriatic Port Authority.
Rome/Trieste
Fedriga: The Friuli Venezia Giulia Region will express its agreement
Federmar-Cisal proposes a new distribution of the tonnage tax benefits
Rome
Pico: For maritime personnel, financial recognition is not always proportionate to the essential role they play
P&O Maritime Logistics completes acquisition of controlling stake in NovaAlgoma Cement Carriers
Lugano
Obtained the necessary regulatory approvals
Fatal accident in the port of Ravenna
Ravenna
A 67-year-old truck driver lost his life at the Sapir terminal.
A Norwegian delegation visits the Northern Tyrrhenian Port Authority
Livorno
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The UNIPORT public meeting will be held in Rome on November 19th.
Rome
Among the topics at the centre of the meeting was the port system reform project.
The National Maritime Fund has organised a meeting with the ITS Mare and the maritime training centres
Rome
It will be held on December 3rd in Rome
››› Meetings File
PRESS REVIEW
Three UAE Firms Eye Investment In Kenya's Port, Renewable Energy, And Shipping Projects
(Capital FM Kenya)
Foreign firms to operate 3 terminals under Ctg Port for up to 30 years; deals by December
(The Business Standard)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
ABB's quarterly financial performance shows sharp growth
Zurich
In the period July-September the value of new orders increased by +11.6%
Fratelli Neri buys two tugboats produced by Egypt's Misr Tugboats Factory
Ismailia
They will be taken into delivery in the first quarter of 2026
COSCO Shipping Ports Sets New Quarterly Container Traffic Record
Hong Kong
In the period July-September, 29.8 million TEUs were handled (+3.6%)
Container traffic in the port of Hong Kong fell by -9.2% in the third quarter
Hong Kong
A 16.3% drop was recorded in September
Port of Civitavecchia appoints members of the Marine Resources Partnership Body
Civitavecchia
He will remain in office for four years
New quarterly record for container traffic handled by CMPort port terminals
Hong Kong
New highs recorded both in China and at overseas ports
CMA CGM to order six feeder containerships from Cochin Shipyard
Kochi
Order worth approximately 300 million dollars
Efficient solutions for the port launching of floating wind turbines are being studied in France
Trondheim/Brest
Agreement between the Norwegian BOA and the port of Brest
Augusta Due has acquired a second new tanker built by Fujian Southeast Shipbuilding Co.
Rome
It has a capacity of 18,590 deadweight tons.
IRU, CLECAT, ESC and GCCA oppose binding targets for demand for zero-emission trucks
Brussels
They ask to focus instead on creating favorable conditions for operators to be able to use them.
Marialaura Dell'Abate is the new president of Confitarma's Young Shipowners' Group.
Rome
In the third quarter, cargo traffic in Russian ports grew by +4%
St. Petersburg
Only import loads are decreasing
Matteo Caiti appointed country manager for Italy at Forto
Milan
The goal is to consolidate growth on the Italian market
DP World to build and operate multimodal terminal in Uzbekistan
Dubai
Joint venture with Tashkent Invest
Confitarma welcomes Senate approval of simplification measures for the maritime transport sector.
Rome
A rapid approval in the Chamber is also hoped for
Applications for rail freight transport incentives are now open.
Rome
From today the requests to access the Ferrobonus
The maritime, port and logistics sector asks the Ministry of Transport for clarification on the regulation on waiting times for loading and unloading goods
Rome
A dialogue was called to determine the identification of correct application indications of the law
Four icebreakers for the U.S. Coast Guard will be built in Finland.
Washington
Agreement signed by Presidents Donald Trump and Alexander Stubb
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