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Independent journal on economy and transport policy
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BRIEFS
January 27, 2011
The Business Timesweb site
Shipping News
  • Pirate attacks rise as ransom payments jump
    Somali pirate attacks are increasing, spurred by a 36-fold jump in ransoms in five years, raising costs for shippers and the threat to vessels carrying 20 per cent of world trade.
  • Hyundai Heavy sees 14% rise in steel plate use
    Hyundai Heavy Industries, the world's biggest buyer of steel plates, plans to increase use of the material 14 per cent this year to the most since 2008 as it boosts production of container vessels and oil tankers.
  • Russia predicts surge in Arctic sea route, opening up of region
    Russia predicted on Tuesday a surge in voyages on an Arctic short-cut sea route in 2011 as a thaw linked to climate change opens the region even more to shipping and oil and mining companies.

Sched Netweb site
  • Port Tracker forecasts continuing north European box growth
  • Freight rates slide as cheery forecasts prove unfounded
  • Striking French dockers re-open ports, while planning fresh strikes
  • Hong Kong's Great Eagle Shipping launches intra-Asia services
  • Samudera buys boxship, expanding its owned-chartered ratio
  • DHL enhances LCL service from India to South Africa
  • MSC launches direct Central America-North Europe link
  • Kuehne + Nagel boosts European frequency with KN Euro-Line
  • Cathay Pacific appeals European Union antitrust ruling
  • St Louis signs MoU, China Eastern begin air cargo talks
  • UPS appoints William Ng as Hong Kong-Macau chief

Exim Indiaweb site
  • Capt. Thapar made Director of SCI's Bulk Carriers & Tankers divn
  • New capacity impacts rate hikes
  • Samsung brings out system to thwart pirate
  • Sitara Shipping remains a bright star in shipping industry even after three
  • Exports of apparels set to slip by 3 pc
  • Pak traders oppose import of Indian sugar
  • Land ports along Indo-Bangla border opened for trade
  • MARG's shipyard/port near Chennai to be ready by 2012
  • MoEF clears Vizhinjam port project
  • ...wants Budgetary support doubled
  • Emirates SkyCargo to launch new service to Basra
  • Exponential growth for BLR Logistiks
  • Railways to give coal movement top priority
  • 'Prior experience' not needed for cotton export: DGFT
  • Fieo fears rise in cost of credit for exports
  • Govt allows import of 40,000 tonnes natural rubber at 7.5 pc duty
  • RBI hikes short-term lending, borrowing rates by 0.25 pc
  • SEAI feels seafood industry needs to consolidate to remain competitive
  • 10 notes with new features soon
  • EU to issue 'Blue Card' for professionals
  • Interactive session with Prof. Sachs on Feb. 4
  • I-T office in UAE likely

International Transport Journalweb site
JANUARY 25, 2011
  • Port of Kiel posts record handling figures
    The port of Kiel (Germany) handled 5.8 million t of cargo last year, the best result ever recorded by the port. This was a 19.3% increase over the previous year and considera...
  • Schneider + Cie takes over Glob-Sped
    The long-standing Basel (Switzerland)-based forwarding company Schneider + Cie recently acquired Glob-Sped AG, a rival forwarding and logistics enterprise headquartered in Pra...
  • Toshiba awards Panalpina overland transport from Germany to Moscow
    Toshiba has selected the Swiss transport and logistics provider Panalpina to handle its overland business from Regensburg (Germany), the location of one of its European distributio...
  • Wincanton secures contract renewal with Saint-Gobain in UK
    The UK-based logistics service provider Wincanton has secured a three-year renewal of its contract with French construction materials specialist Saint-Gobain to distribute the manu...
  • K+N expanding its European overland network
    Kuehne + Nagel is set to significantly expand its European overland network, by increasing the number of scheduled international lines from 300 to 500 by 2014, with departures doub...
  • German seaports handle 5.8% more from January to September 2010
    Germany's seaports lifted approximately 5.8% more cargo in the first nine months of 2010, compared to the same time frame in 2009, according to provisional data releas...
  • Tiaca elects Michael Steen as chairman
    Michael Steen, executive vice-president and chief commercial officer of Atlas Air Worldwide Holdings Inc, has been elected as the new chairman of the International Air Cargo Associ...

Marine Logweb site
JANUARY 26, 2011
  • Van Oord signs LOI for massive Netherlands wind farm project
  • Navy doesn't buy Rand conclusions on green fuels
  • MaK power for Scandlines car ferries
  • Van der Velden delivers biggest Barke rudders thus far
  • Deep Sea Supply moves into Malaysian offshore service market
  • Sinopacific busy on first Chinese-designed export OSV

World Wide Shipperweb site
JANUARY 26, 2011
  • Commerce Under Secretary highlights Seattle as trade gateway
  • CSX Corportation plans major rail network investment
  • Rail association executive responds to State of the Union
  • Bellingham Port Commission schedules coffee meeting series
  • Suez Canal Container Terminal set to complete expansion project

Lloyd's Listweb site
JANUARY 26, 2011
  • More woes for VLCCs as Chinese traders fail to lift rates
    Hopes that Chinese oil traders chartering very large crude carriers ahead of the Chinese New Year holiday on February 3 would boost rates have failed to materialise
  • OOCL revenues soar as Asia-Europe trade revives
    Hong Kong line Orient Overseas Container Line saw revenues soar by almost 42% in the final three months of 2010, as liftings rose by 19%
  • Seoul court allows Korea Line to freeze charter payments
    Ruling could affect around 60 owners and up to 150 ships that the struggling operator has on long-term time charter
  • Korea Line may seek Chapter 15 protection
    Bond of $4.6m posted in New York could influence if company decides to seek US bankruptcy protection
  • Eagle has its wings clipped
    Eagle Bulk will have to renegotiate charters with Korea Line ...and it will have to take a haircut
  • Time to speed up?
    The correlations between slow steaming and demand for container shipping will not have gone unnoticed in various boardrooms
  • Georgia Ports backs Charleston dredging
    Supports harbour deepening project and development of new greenfield port
  • Hamburg to hold on to role as feeder hub
    Terminal operator HHLA confident it can see off competition from direct calls
  • Rule change could hit UK shipping firms
    Companies could lose tax advantages under rule change on capital allowances for ships
  • Danes make easy ride out of economic cycle
    Healthy competition has brought Danish owners out of the downturn in a position of strength
  • Danish Ports to launch dredging campaign
    Move to deepen approaches and fairways to attract larger vessels
  • Ship financiers avoid private equity due to write-off risk
  • Swap market making slow but steady progress
    Despite their resistance to derivative markets, some container lines are starting to show interest
  • Ill winds that raise a charterers' storm
    Modern seafarers live in a mistrustful world in which even a weather forecast can raise the spectre of litigation
  • Cosco boss sees huge opportunities for Chinese shipping
    Wei Jiafu says China's policies will offer shipping a platform for growth
  • First container freight swap agreement options trade completed
    Kerry Logistics and Hamburg-based Alfred C Toepfer International involved in options trade brokered by Clarkson Securities
  • Hamburg gears up for giant boxships
    Germany's biggest port recognises its recovery can only continue if it is ready for the next generation of container vessels
  • KG funds hit by Korea Line filing
    Funds surprised by carrier's move to file for court protection
  • Call to set up east Africa piracy courts and prisons
    New report proposes setting up of special courts and prisons to try and hold suspects
  • Hamworthy bullish on earnings
    Expects to beat earnings forecast as demand for its services increases
  • OOCL revenues up 42% in fourth quarter 2010
    Revenue growth well ahead volumes, reflecting the steep recovery in freight rates lines secured in the early part of 2010
  • IUMI steps up Far East membership drive
    Steps up efforts to grow its presence in China and the region
  • IUMI calls for swift end to piracy threat
    Governments accused of not taking urgent action to ensure crew safety
  • Namura on guard against Korea Line defaults
    Insolvent shipowner has two vessels on order at shipbuilder
  • UK vows tougher action on piracy
    Shipowners will be able to use "every force" needed, says shipping minister Mike Penning
  • Iino confirms order for three new bulkers
    Japanese yard to build two panamaxes and a handysize
  • MSC dismisses talk of new service
    Line says no plans to add new strings on Asia-Europe or Asia-Mediterranean trades
  • New Century IPO plans resurface
    Shipbuilder seeks Hong Kong listing after scrapping Singapore bid
  • Hanjin agrees to push back US terminal start date
    Construction date of Jacksonville terminal could be delayed another two years
  • Cruise operators warned over insurance opt out clause
    IMO member states urged not to sign up to clause in Athens Protocol on passenger insurance liability

Fairplayweb site
JANUARY 26, 2011
  • New boss for Tropical Shipping
    RICK Murrell, an influential stalwart in the Caribbean container sector, has been replaced as president of Tropical Shipping, Fairplay confirmed today.
  • Behind the re-export trend for LNG
    TIGHT shipping markets are giving re-exports an edge over floating storage of LNG, according to brokers.
  • US port work imperiled?
    PRESIDENT Barack Obama has proposed to freeze discretionary spending for the next five years and vowed to veto any bill containing "earmarks" for special projects.
  • Ex-port chief fined in Brazilian land scandal
    A FORMER port chief has been fined by a Brazilian tribunal in a land-use scandal.
  • CFSA 'first' widens options
    CLARKSON Securities has executed the first options trade based on the container freight swap agreement between Kuok/Kerry Group's Kerry Logistics UK and agro/energy commodities trader Alfred C Toepfer International GmbH.
  • EU NAVFOR: warships 'can't be everywhere'
    EU NAVFOR told Fairplay today that it "can't be everywhere at once" after a shipowner criticised the anti-piracy force over not responding to a pirate attack.
  • Why piracy suspects are evading prosecution
    A LACK of political will among developed nations is preventing regional countries from prosecuting piracy suspects, an IMO piracy workshop heard today.
  • Strikes hit Argentina port
    WORKERS at the Argentinian port of Rosario have begun an indefinite strike over salaries, IHS Global Insight reported today.
  • Maputo boosting capacity
    MAPUTO, Mozambique's leading port, has announced that its handling capacity will increase by 38% this year, IHS Global Insight reported today.
  • VLCC rate hopes fade
    HOPES that VLCC spot rates will lift in February are diminishing on weaker futures and a rise in the number of vessels open for fixing in the next 30 days, analysts said today.
  • Korean ports set record
    SOUTH Korean ports recorded record throughput last year, the government said today.
  • Adani signs $1.7Bn port deal in Indonesia
    ADANI has signed a deal calling for a $1.7Bn port and rail infrastructure scheme in Indonesia.
  • Russian trader asks court protection
    A RUSSIAN grain trader has filed for bankruptcy protection to fend off a takeover attempt of its export business by government-owned United Grain (OZK).
  • PME acquires half of Chinese terminal operator
    PME SAID today it has bought a 50% stake in Chinese terminal operator Rizhao Lanshan Wansheng Harbour.
  • Drybulk shares trimmed by Korea Line move
    SHARES in drybulk companies traded this morning in a narrow range in Europe, after deep losses yesterday followed news that Korea Line had sought court protection from creditors.

The Journal of Commerceweb site
JANUARY 26, 2011
  • Port Corpus Christi Power Plant Wins Air Permit
    Port Corpus Christi passed an important hurdle Wednesday in its quest to move ahead with the huge Las Brisas electric...
  • Congressional Leaders Give Transport Bill High Priority
    Congressional leaders are moving a new six-year surface transportation bill higher on their priority lists after President Obama's call for...
  • Donohue, Trumka Stand Together on Infrastructure
    The head of the U.S. Chamber of Commerce and the chief of the nation's largest organized labor group, setting aside...
  • FMC Launches Slow Steaming Inquiry
    The Federal Maritime Commission is stepping up its attention to ocean carrier practices, voting Wednesday to launch a formal inquiry...
  • Maersk Upgrades 2011 Growth Forecast
    The global container market may grow by more than 8 percent this year, according to A.P. Moller-Maersk CEO Nils Smedegaard...
  • Marten Transport Profit Rises 22.2 Percent
    Higher intermodal and logistics revenue boosted fourth quarter profits and sales at temperature-controlled trucker Marten Transport, Mondovi, Wis. Marten...
  • Truck Tonnage Index Hits Highest Point Since 2008
    Truck tonnage rose 5.7 percent last year compared with 2009, helping tonnage to recovery from an 8.7 percent plunge, the...
  • Canadian Pacific Profit Rises 27 Percent in 4Q
    Canadian Pacific Railway's fourth quarter net income spiked 27 percent from a year earlier to $187 million (C$186 million), outpacing...
  • Celadon Profit Jumps 190 Percent
    Truckload carrier Celadon Group's net profit increased to $2.9 million in its last quarter, nearly triple its net income a...
  • Transport Sector Praises Obama's Focus on Infrastructure
    Transportation trade groups are praising President Obama's call to rebuild the nation's efforts infrastructure but some members of Congress say...
  • French Dockers to Stage Third Weekend Strike
    French dockers and port workers will stage a four-day nationwide strike on Friday, Jan. 28, in a major escalation of...
  • Industrial Real Estate Sees Modest Recovery
    Industrial property markets are seeing "modest" recovery in line with a gradual strengthening of the economy, real estate investment firm...
  • Horizon Begins 15-day Shanghai-KC Transit
    Horizon Lines says the eastbound trans-Pacific service it launched in December is providing 15-day transits from Shanghai to Kansas City...
  • Korea Line Files for Bankruptcy
    Korea Line filed for a court receivership on Tuesday in the wake of losses caused by the global oversupply of...
  • Cargolux, Cathay Appeal Price-Fixing Fines
    Cargolux said Wednesday it will appeal the European Union's $109 million fine for participating in an international price fixing cartel,...
  • Industrial Price Index Hits 12-Month High
    The widely watched Industrial Price Index of materials pricing hit a 12-month high last week and rose at the fastest...

Containerisation Internationalweb site
JANUARY 26, 2011
  • Gateway cargo drives DP World
  • CN upbeat despite Q4 profits decline
  • UK economy hits the buffers
  • SA's truckers ponder shutdown
  • RFG angry over withdrawal of grant

TradeWindsweb site
JANUARY 26, 2011
  • FBR upgrades Eagle Bulk
    Shares of New York-listed bulker owner gain traction as analyst lifts rating following KLC collapse.
  • Van Oord inhales $100m
    Dutch dredging contractor appoints suction trio for trench work bankrolled by South Oil Iraq.
  • KLC cheques controlled
    Seoul court issues order which restricts ailing owner's ability to make charter payments.
  • Swap score for Clarkson
    Container swaps market takes a tentative step forward with its first options trade.
  • Van Oord pens wind pact
    Dutch dredging and construction heavyweight races to seal $548m wind farm contract for German-built newbuilding.
  • Greek ship master seized
    Chief engineer of Greek-owned Perseas also abducted and two crew shot in attack off Nigeria.
  • Dockers strike in Argentina
    Cargill and Bunge grain exports halted as port workers walk out over pay.
  • Arctic appetite rising
    Rosatomflot says demand for vessels to use the Northern Sea Route is soaring in 2011.
  • DESSC in Malaysian splash
    John Fredriksen-controlled owner teams up with Efogen and a Malaysian government fund in assault on local offshore market.
  • Risk spread beyond KLC
    More bankruptcies and contract cancellations on the cards in the wake of KLC filing, warns Fearnley Fonds.
  • Patrick in discrimination rap
    Australian company disciplined dock worker who raised safety concerns over new loading basket.
  • Shot captain set for home
    Master injured as commandoes re-took control of his hijacked ship set for hero's return.
  • HMM enjoys record 2010
    Korean owner turns around 2009's loss with strong performance last year as rates improved.
  • KLC tips speedy resolution
    Future of beleaguered dry-bulk owner to be decided by bankruptcy court 'within a month', official says.
  • Worker killed in crane fall
    Indian operator dies as machine plunges to the deck on ship at Sembawang Shipyard in Singapore.

American Shipperweb site
JANUARY 26, 2011
  • FMC reviews 6 OTI license applications
    The U.S. Federal Maritime Commission has received six license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from JRM Freight Corp., Miami (Juan R. Albanes, treasurer). The agency rec...
  • Obama calls for investment in economic building blocks
    President Barack Obama said in Tuesday night's "State of the Union" address he plans to push for an export-oriented, manufacturing strategy for new innovative products, debt reduction and investment in education, research-and-development and infras...
  • Worth named MARS president for 2011
    The Midwest Association of Rail Shippers elected a new slate of officers for the calendar year at its annual meeting in Oak Brook, Ill. on Jan. 12-13. Randy Worth, vice president and general manager of Merchants Distribution Service, based in Des M...
  • Railroads report big profit gains
    Eastern U.S. railroads reported big profit gains this week. CSX said it had net profit of $1.56 billion in 2010, a 37 percent increase over 2009. Revenue was up 18 percent to $10.6 billion. The company said it expected to report record results in 2...
  • Reduced dredging chokes Mississippi River
    A coalition of organizations and businesses that rely on the Mississippi River as a transportation corridor said budget cutbacks and restrictions imposed on the Army Corps of Engineers have resulted in reduced maintenance dredging. Ken Wells, coord...
  • Maersk shifts Gioia Tauro calls to Port Said
    Maersk Line said this week that due to "structural berthing constraints" in the Port of Gioia Tauro, it has decided to shift transshipment calls on some of its Mediterranean feeder services from the Italian port to Port Said in Egypt. Calls at Gio...
  • CTSA lines to raise currency surcharge March 1
    Member lines of the Canada Transpacific Stabilization Agreement said Tuesday they will hike their currency adjustment surcharge to 8 percent beginning March 1. The surcharge was raised to 7 percent Dec. 1 and will stay at that level through Februar...
  • Horizon: Shanghai to K.C. in 15 days
    Horizon Lines has started offering a 15-day transit schedule for containerized cargo shipped from Shanghai to Kansas City on its new transpacific ocean service from China. The U.S. Jones Act carrier started its Five-Star Express (FSX) service betwe...
  • Senators introduce FTA, anti-sugar supports bills
    A bipartisan handful of senators Tuesday introduced legislation to support Congress' passage of several pending U.S. free trade agreements and calls to end anticompetitive supports for the country's sugar manufacturing industry. Sens. Rob Portman,...
  • State of the Union address

The Scandinavian Shipping Gazetteweb site
JANUARY 26, 2011
  • Largest Baltic port sold in billion dollar deal
    The Primorsk Trade Port that last year shipped 77.5 million tons of crude oil and oil products, have been sold for USD 2.15 billion. Buyer is Russia's largest

The Bunker Bulletinweb site
JANUARY 26, 2011
  • Crude rises on economic recovery optimism
    US government report showed a bigger-than-forecast stockpile gain.
  • Fujairah market firms
    In Durban deliveries of 180 cSt products was available for supply from February 1-5.
  • Keith Richardson leaves Chemoil
    'No change in Chemoil's senior leadership team,' says company.
  • Rotterdam market rebounds
    In Rotterdam, players reported a wide spread in prices.
  • Crude oil prices likely to remain under pressure
    European fuel oil stocks holding above the five-year average.
  • Saudi Aramco offers cargo of 180 cSt material
    Parcel will be 'extremely sought after' says trader.
  • EU project rolls out fuel saving vessel monitoring system
    System based on technical condition indexing scheme able to save up to 5% fuel for vessel.
  • Bunker prices soften in Asian markets
    Tight avails in Busan could ease this week.
  • Shortage of bunker avails persist in Colombo
    On 'temporary interruptions' of bunker fuel supplies from Lanka Maritime Services.
  • Offices to close for Chinese New Year holiday
    Bunker deliveries will be affected at some Asian ports, traders say.
  • Hyundai Oilbank resumes bunker deliveries in Busan
    All three tankers have resumed bunker deliveries at the port since Tuesday, company says.
  • Feasibility study on LNG infrastructure in Europe
    'LNG is an environmentally friendly fuel that must be made competitive.'

›››File
FROM THE HOME PAGE
Tanker hit near Strait of Hormuz
Portsmouth
A bullet caused minor damage. The crew was unharmed.
Sharp increase in transshipment containers in the port of Barcelona
Barcelona
In February, overall freight traffic increased by +8.1%
PPC denounces that the Republic of Panama is delaying the arbitration at the ICC
Panama
The Chinese company continues to reiterate the illegality of the seizure of the Balboa and Cristóbal port terminals
Alessandro Becce is the new Secretary General of the Sardinian Sea Port Authority.
Cagliari
Bagalà: EU ETS application for major and minor islands must be cancelled
Operation Aspides' mandate will not be extended to the Strait of Hormuz at this time.
Brussels
This was announced by the High Representative of the European Union for Foreign Affairs, Kaja Kallas.
Greece and Italy reject the extension of Operation Aspides to the Strait of Hormuz.
The ships of the two nations constitute the naval force of the European mission
Freewheels: The government has broken its promise regarding fuel taxes.
Modena
Franchini: Continuing to treat road haulage like a tax cash machine is simply irresponsible.
Pessina (Federagenti): Shipping will also overcome the Strait of Hormuz crisis.
Genoa
We hope - he specified - that we will soon move in the direction of a progressive normalization.
Israel's eastern Mediterranean coast has been designated a high-risk area for the safety of ships and crews.
London
Resolution of the International Bargaining Forum
Evergreen Marine Corporation's revenues decreased by 26.0% in the fourth quarter of 2025.
Taipei
Quarterly net profit down 71.8%
EU Commission and EIB support for investment projects in small and medium-sized ports
In the second half of 2025, OOIL's revenues decreased by -20.0%
Hong Kong
Net profit down 67.9%
In transalpine freight transport through Switzerland, rail is losing further market share to road transport
Bern
Dramatic development - a report underlines - from the point of view of Swiss modal shift policies
An extraordinary IMO council will be held on 18 and 19 March to discuss the situation in the Middle East.
London
As of yesterday, the attacks on ships have resulted in the death of eight sailors and the wounding of ten, in addition to three missing.
In 2025, combined road/rail traffic handled by Hupac grew by +4.3%
Noise
The need to extend the application of contributions to transalpine combined transport beyond 2030 was reaffirmed.
Yang Ming to order six new 13,000 TEU dual-fuel LNG containerships
Keelung
The fourth quarter of 2025 was closed with a net profit down by -81.2%
The resumption of shipping traffic through Suez does not appear to be affected by the blockade in the Strait of Hormuz
Cairo/Southampton/Washington/Genoa
While ships increased by 1.9% in January, growth in the canal has since been more sustained. War material seized in the port of Genoa.
US prepares to attack Iranian ports
Tampa/Muscat
Centcom warns civilians to immediately avoid all port facilities. Drones over the port of Salalah.
MSC to build container terminal at Snake Island Port in Lagos
Geneva
45-year concession agreement with Nigerdock
Attacks on ships in the Strait of Hormuz resume
Southampton/Geneva
A container ship was damaged. A fire broke out on another vessel. UNCTAD raised alarm over the effects of the disruption to maritime traffic in the region.
Three crew members of a bulk carrier stricken in the Strait of Hormuz are missing.
Bangkok
Twenty seafarers were disembarked in Oman
ONE's stake in Poseidon (Seaspan Corporation) will rise to 48.9%
Singapore/Toronto
Investment worth $1.07 billion
FS Logistix and Grimaldi Euromed sign agreement to develop integrated sea-rail transport solutions.
Verona
Confitarma requests the possible deployment of Italian Navy units to the Persian Gulf and Strait of Hormuz area.
Rome
Zanetti: A concrete sign of attention to protecting the country's strategic interests.
Scotland debates taxing cruise ships
Three fifths of those interviewed said they were in favour of granting local authorities the power to introduce a tax
Last year, freight traffic in German ports amounted to 284.4 million tonnes (+3.8%).
Wiesbaden
Imports increased by +5.3%
In January, freight traffic in the ports of Genoa and Savona-Vado Ligure fell by -4.9%.
Genoa/Ravenna
A growth of +12.5% was recorded in the port of Ravenna
In 2025, ZIM's revenues fell by -18.1%
In 2025, ZIM's revenues fell by -18.1%
Haifa
The decline was more pronounced in the fourth quarter (-31.5%). Glickman: the merger with Hapag-Lloyd is very positive for shareholders.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Last year, freight traffic in the port of Bremen increased by 5.4 percent.
Bremen
In the fourth quarter alone, growth was +5.4%, with container loads increasing by 11.8%.
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
In 2025, the port of La Spezia handled 12.6 million tons of goods (+3.3%)
La Spezia
At the port of Marina di Carrara, traffic was 4.8 million tonnes (-0.7%)
PPC and CK Hutchison warn that they will assert all their rights and seek full compensation from Panama
Hong Kong
In 2025, the PSA terminal operator group recorded record revenues
Singapore
Operating profit up 19.0% and net profit up 0.5%
In 2025, the CMA CGM group's shareholder profit fell by -58.1%.
Marseille
Revenues down -2.0% (-5.2% in the fourth quarter alone)
2025 was Global Ship Lease's best year yet
Athens
Positive trend also in the fourth quarter
In the fourth quarter of 2025, freight traffic in the ports of Naples and Salerno grew by +2.0%
Naples
The -1.0% decline recorded at the regional capital's airport was more than offset by the +6.3% growth in Salerno
The Maritime Federation fully endorses the new EU strategies for the maritime and port sectors
Rome
Mattili: We are available to contribute to the EU Industrial Maritime Value Chains Alliance.
CK Hutchison announces it has intensified legal action against the Republic of Panama.
Hong Kong
Addendum to the Notice of Dispute filed with the ICC
Global Ports Holding's cruise terminals see record traffic
Istanbul
Last year there were 18.1 million passengers (+8.5%)
Interferry: The EU Commission's path to ferry decarbonization is the right one.
Victoria
Roos: It is good to recommend that ETS funds be used exactly where they are collected.
CLECAT promotes the EU strategy for the European maritime, port and logistics system
Brussels
Emphasis is also placed on the need to prevent integrated operators from limiting competitors' access to infrastructure, services or customers.
ESPO approves new EU Port Strategy
Brussels
Among the most appreciated elements, the commitment to implement a review of the EU ETS and the FuelEU Maritime Regulation
Tanker hit near Kuwait coast
Southampton/Kuwait City
A shell also hit a container ship in the Strait of Hormuz
European shipowners and shipbuilders applaud the EU's strategy for the sector. German port operators are less convinced by the proposal.
Brussels/Rome/Hamburg
WSC welcomes the strategies for the maritime industry and ports proposed by the European Commission
Washington
However, according to the association, they are not sufficiently attentive to the simplification of trade exchanges.
The European Commission presents two strategies to promote the competitiveness, sustainability, safety and resilience of EU ports, maritime transport and shipbuilding.
Brussels
A high-level council will be established
Explosions and a fire on a Russian ship that sank near Libya
Moscow/Tripoli
In December, Ukraine claimed responsibility for an attack on a Russian oil tanker in the same region.
Attacks on ships in the Strait of Hormuz region continue
Southampton/Battaramulla
Three naval vessels reported shellfire and damage. An Iranian frigate was hit in Sri Lanka.
Viking orders two new expedition cruise ships from Fincantieri and secures an option for two ocean-going vessels
Trieste
The value of the agreements exceeds two billion euros
Container traffic at the Maltese port of Marsaxlokk remained stable in 2025
Kalafrana/Hong Kong
China's CMPort has signed a 70% stake in Brazil's Vast Infraestrutura oil terminal.
T&E: Over half of European ferries could become electric by 2035
T&E: Over half of European ferries could become electric by 2035
Brussels
Klann: Electric ferries are already cheaper on many routes and will become even cheaper in the coming years.
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
ITF, JNG and IBF have designated the Strait of Hormuz and surrounding waters as a High Risk Area
London
The area may soon be transitioned to a Warlike Operations Area.
Nautilus International urges States and shipping operators to ensure the safety and rights of seafarers
London/Brussels
The International Trade Union Confederation urges an immediate ceasefire by all parties
Strait of Hormuz: A sailor from a ship attacked by a drone vessel dies.
Muscat
Twenty-one crew members were evacuated
Norwegian Cruise Line Holdings closes a record 2025, but faces challenges with non-operating costs.
Miami
The war crisis in the Middle East also affects ports
Dubai/Muscat/Washington
Kramek (WSC): Liner shipping has demonstrated its ability to react to emergency situations, such as the one in the Red Sea
ICS, ECSA and ASA concerned about seafarers' safety in the Middle East
London/Brussels/Singapore
This is - they underlined - a rapidly evolving and unpredictable situation.
Hapag-Lloyd and Maersk were the first to sense trouble in the Middle East. A tanker sanctioned by the US was hit.
Hamburg/Copenhagen/Southampton/
Washington/Muscat
On Friday, the two companies notified customers of changes to their services in the region. Four Skylight crew members were injured.
European list of ship recycling facilities updated
Brussels
Including for the first time a German shipyard, that of Emden
Confitarma urges the EU to strengthen the attractiveness of its maritime flags
Rome
An arbitration worth over $1.5 billion will resolve the dispute between PPC and the Republic of Panama.
Panama
Procedure at the International Chamber of Commerce in New York
Tender for the multipurpose terminal at the Príncep d'Espanya pier in the port of Barcelona
Barcelona
The concession contract will have a duration of 16 years
Fincantieri and Navantia agree to jointly coordinate and execute the European Patrol Corvette project.
Sad/Madrid
They will form a joint venture that will be open to participation by the other project partners.
In 2025, the port of Rotterdam handled 14.2 million containers (+3.1%)
In 2025, the port of Rotterdam handled 14.2 million containers (+3.1%)
Rotterdam
In the fourth quarter alone, containers amounted to 3.5 million TEUs (+3%)
PSA announces a billion-dollar investment plan in the port of Genoa
PSA announces a billion-dollar investment plan in the port of Genoa
Rome/Singapore
The first phase focuses on the technological implementation and infrastructural adaptation of the PSA Genova Pra' terminal.
New logistics hub in London to boost rail freight through the Channel Tunnel
London
An investment of around £15 million is expected
Jeremy Nixon will hand over his position as CEO of Ocean Network Express to Till Ole Barrelet on July 1st.
Singapore
The German manager comes from Emirates Shipping Lines
The first three electric gantry cranes have been installed at the new intermodal terminal in Milan Smistamento.
Milan
At full capacity it will be able to handle up to 44 trains per day
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
Medlog (MSC Group) will acquire the remaining 29% of MVN from Logistics Project Italia
Rome
The operation has been notified to the Antitrust Authority
Greek group Attica Holdings continues its fleet renewal plan
Athens
Purchase of two catamarans for €15 million. Long-term lease of the "GNV Bridge" ferry.
Germany's Arvato has acquired Canada's THINK Logistics
Mississauga/Gütersloh
The company, founded in 2012, is headquartered in Mississauga, Ontario.
Two new state-of-the-art ship-to-shore cranes have arrived at the PSA SECH terminal.
Genoa
They will be operational from June
Banco BPM's €55 million financing to Grimaldi Euromed
Naples/Milan
Partially covers the purchase of the new ship "Grande Inghilterra"
Stolt-Nielsen sells 50% of Avenir LNG to NYK Line
Oslo/Tokyo
The company operates in the liquefied natural gas bunkering sector
Only 7% of the workers in the port companies and terminals of La Spezia and Marina di Carrara are women
La Spezia
Costa cancels cruises originally scheduled to sail to the Middle East
Genoa
The company currently has no vessels operating in the region.
In 2025, d'Amico International Shipping's time charter revenues decreased by -29.0%.
Luxembourg
Fourth quarter decline eases
NYK to become sole owner of Norway's Saga Welco
Tokyo/Tønsberg
The Tønsberg company has a fleet of 48 open-hatch vessels
Grimaldi Group's Valencia Terminal Europa will manage the new car terminal at the port of Sagunto.
Valencia
Grimaldi has taken delivery of the new PCTC Grande Seoul
Naples
It is the ninth ammonia-ready unit of the Neapolitan shipping group
The Cagliari-Algeria service operated by Maersk and Grendi will soon dock at the Giammoro di Milazzo pier.
Messina
It will be held on a weekly basis
Falteri (Federlogistica): The consequences of the war in Iran are only in their infancy.
Genoa
There is a dramatic congestion of perishable products in the hub airports of the Gulf, he underlined.
DP World reported record annual operating and financial results
Dubai
In 2025, container traffic increased by +5.8% and revenues by +22.0%
Two additional new Medium Range 2 tankers for d'Amico Tankers
Luxembourg
Exercised options with Chinese shipyard Jiangsu New Yangzi Shipbuilding Co.
Japan's MOL has acquired 25% of V.Ships France
Tokyo/London
The remaining 75% of the capital remains with V.Ships
ICTSI reports record annual and quarterly financial and operating performance
Manila
Last year the group's port terminals handled 14.5 million containers (+11.0%)
Wan Hai Lines' revenue decreased by 13.3% in 2025
Taipei
The company will buy four new 6,000 TEU container ships and two 9,200 TEU container ships.
Observatory on the presence of women in the blue economy sector
Milan
Initiative by WISTA Italy and the Maritime Federation
The first train will depart from the Pordenone Interport on April 2nd.
Pordenone
Ausserdorfer (InRail): We have already received new requests and contracts to increase connections
Triple ceremony for Explora Journeys at Fincantieri's Sestri Ponente shipyard
Genoa
Technical launch of "Explora IV", coin ceremony of "Explora V" and start of construction of "Explora VI"
The Propeller Club of the Ports of La Spezia and Marina di Carrara has renewed its board of directors.
La Spezia
Gianluca Agostinelli and Federica Maggiani confirmed as president and vice president
The Tunisian government decides to start construction of the port of Enfidha
Tunis
52,000 jobs expected to be created
Hundreds of containers of temperature-controlled plant-based food products are held up in the port of Genoa.
Genoa
Spediporto reports it
The La Spezia Freight Forwarders Association has established a terminal freight forwarder section.
La Spezia
The aim is to strengthen the representation and enhance the value of inland logistics.
FHP Intermodal launches rail service from northern Italy to Bari and Catania
Foggia
Initially, two pairs of trains are scheduled to depart per week.
Managing maritime shipments in a scenario made extremely complex by the crisis in the Middle East
Genoa
Botta (Spediporto) and lawyer Guidi suggest how to handle difficulties
The new Norwegian Luna cruise ship will be delivered in Marghera.
Trieste
It is the second unit of the "Prima Plus" class built by Fincantieri
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Assiterminal: The EU's port strategy is a success.
Genoa/Brussels
Seas At Risk, One Planet Port, and IFAW are concerned about the proposed regulation's reference to expediting environmental impact assessments.
The first electrical cabin dedicated to the cold ironing system has been completed in the port of Gioia Tauro.
Gioia Tauro
In April, the first connection of a container ship to a mobile socket
Konecranes revenues remained stable in 2025
Helsinki
The value of new orders grew by +9.7%, with a +21.3% for port vehicles
Finnlines' net profit increased by 50.7% in 2025
Helsinki
Revenues up 2.0%
Large shipment of ammunition and detonators seized in the port of Ancona
Ancona
He was about to be embarked on a ferry intended for the exclusive transport of passengers
Ravenna has been designated Capital of the Sea 2026
Rome
Petri (Assoporti): its port is a strategic hub for the national economy
2025 record for the American cruise group Viking Holdings
Los Angeles
Revenues grew by +21.9%
UECC has ordered China Merchants Jinling to build two PCTCs
Oslo
They will have a capacity of 3,000 CEUs and will be taken into delivery in 2028.
Kuehne+Nagel plans more significant staff cuts
Schindellegi
Worsening economic results in the fourth quarter of 2025
Public notice from the Northern Tyrrhenian Sea Port Authority to select the new Secretary General
Livorno
The procedure is not competitive in nature and no selection process is foreseen.
KKCG Maritime publishes a partial tender offer to increase its stake in Ferretti from 14.5% to 29.9%.
Milan/Hong Kong/Prague
The offer is not aimed at delisting the shares
Norovirus outbreak on second Holland America Line cruise ship
Hong Kong
65 passengers and 11 crew members of the "Westerdam" were injured.
SOS LOGistica, allocating only 10% of the €590 million for road transport to zero-emission vehicles is self-destructive.
Rome/Milan
Texts: talking today about a heavy BEV market that "takes off" remains a mirage
The first U212NFS submarine is being laid down at Fincantieri's Muggiano shipyard.
Trieste
The delivery of the first unit is scheduled for 2029
A new tender has been published for railway shunting in the ports of Savona and Vado Ligure.
Genoa
The tender base amount is 14.8 million euros
China's LC Logistics orders two new 11,000-TEU containerships
Hong Kong
Order with a total value of 236 million dollars
Palumbo Superyachts to build new metal shipbuilding hub in Ortona
Ortona
Concession area in the Abruzzo port
Kuehne+Nagel acquires the road transport business of German firm Lohmöller
Schindellegi
In 2024 they had generated a turnover of approximately 23.5 million euros
Rolls-Royce posts record annual financial performance
London
Revenues increased by 12.2% last year
Fincantieri delivered the ultra-luxury cruise yacht Four Seasons I in Ancona
Trieste
The Navis Sapiens program also debuts with the ship
Nearly 12 million tonnes of CO2 avoided in 2025 for vessels coated with Jotun products
Muggia
Estimated fuel cost savings of approximately $2 billion
In 2025, intermodal traffic handled by Interporto Padova amounted to 381,031 TEUs (-7.5%)
Padua
Record production value recorded
In 2025, the Nola interport handled 2,000 trains
Nola
A 50% increase is expected in 2026
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
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
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
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
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.
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.
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
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
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
Russian shipbuilding holding USC designing high ice-class container ship for Rosatom for Northern Sea Route
(Interfax)
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
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
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