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30 July 2025 - Year XXIX
Independent journal on economy and transport policy
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BRIEFS
July 27, 2011
The Business Timesweb site
Shipping News
  • Asia tanker rates seen near 2-month lows
    Rates for crude tankers on key Asian freight routes are expected to hover near two-month lows as ample tonnage offsets support from the International Energy Agency's (IEA) decision not to release more oil from its stockpiles.
  • Baltic index falls for 12th day on vessel glut
    The Baltic Dry Index, a measure of commodity transportation costs, slid for a 12th day in London because of a glut of iron ore carriers competing to transport the ingredient used to make steel.
  • Japan's corn imports seen falling 5%
    Japan, the world's biggest corn importer, may buy the fewest cargoes in a quarter century as concern about radiation-tainted meat curbs livestock production.
Strait Talk
  • It's something personal for the good captain
    OVER the years, this column has highlighted the continuing needless death toll in enclosed spaces on merchant ships. Together with lifeboat deaths in the same industry, enclosed spaces deaths are tragedies that just should not happen, and shipping can do something about it.
Shipping Times
  • Crash may undermine China's rail suppliers
    Chinese rail suppliers, who helped build the world's largest bullet-train network in less than a decade, may struggle to sell equipment overseas after two locomotives collided, killing at least 39 people.
  • Parallel import trade continues free fall
    The parallel import trade has slowed down to a snail's pace, with only 1,403 grey imports registered here from January to June 2011.

The Business Timesweb site
Shipping News
  • Asia tanker rates seen near 2-month lows
    Rates for crude tankers on key Asian freight routes are expected to hover near two-month lows as ample tonnage offsets support from the International Energy Agency's (IEA) decision not to release more oil from its stockpiles.
  • Baltic index falls for 12th day on vessel glut
    The Baltic Dry Index, a measure of commodity transportation costs, slid for a 12th day in London because of a glut of iron ore carriers competing to transport the ingredient used to make steel.
  • Japan's corn imports seen falling 5%
    Japan, the world's biggest corn importer, may buy the fewest cargoes in a quarter century as concern about radiation-tainted meat curbs livestock production.
Strait Talk
  • It's something personal for the good captain
    OVER the years, this column has highlighted the continuing needless death toll in enclosed spaces on merchant ships. Together with lifeboat deaths in the same industry, enclosed spaces deaths are tragedies that just should not happen, and shipping can do something about it.
Shipping Times
  • Crash may undermine China's rail suppliers
    Chinese rail suppliers, who helped build the world's largest bullet-train network in less than a decade, may struggle to sell equipment overseas after two locomotives collided, killing at least 39 people.
  • Parallel import trade continues free fall
    The parallel import trade has slowed down to a snail's pace, with only 1,403 grey imports registered here from January to June 2011.

The Business Timesweb site
Shipping News
  • Asia tanker rates seen near 2-month lows
    Rates for crude tankers on key Asian freight routes are expected to hover near two-month lows as ample tonnage offsets support from the International Energy Agency's (IEA) decision not to release more oil from its stockpiles.
  • Baltic index falls for 12th day on vessel glut
    The Baltic Dry Index, a measure of commodity transportation costs, slid for a 12th day in London because of a glut of iron ore carriers competing to transport the ingredient used to make steel.
  • Japan's corn imports seen falling 5%
    Japan, the world's biggest corn importer, may buy the fewest cargoes in a quarter century as concern about radiation-tainted meat curbs livestock production.
Strait Talk
  • It's something personal for the good captain
    OVER the years, this column has highlighted the continuing needless death toll in enclosed spaces on merchant ships. Together with lifeboat deaths in the same industry, enclosed spaces deaths are tragedies that just should not happen, and shipping can do something about it.
Shipping Times
  • Crash may undermine China's rail suppliers
    Chinese rail suppliers, who helped build the world's largest bullet-train network in less than a decade, may struggle to sell equipment overseas after two locomotives collided, killing at least 39 people.
  • Parallel import trade continues free fall
    The parallel import trade has slowed down to a snail's pace, with only 1,403 grey imports registered here from January to June 2011.

Sched Netweb site
  • Shandong Peninsula launches first ro-ro ship service to Kobe
  • Hainan province moved 6.1pc more cargo in first five months
  • Yunnan to spend US$77.4 billion in transport infrastructure construction
  • Samudera's Q2 profit rises to US$1.6 million
  • Occupational Safety Health Administration checked on double-stacked flat racks
  • Japanese earthquake-tsunami did not slow electronics supply chain
  • APMT Indonesia calls for greater port development
  • Air China Cargo makes maiden Chongqing to Chicago flight with IT load
  • Forward Air profit up 51pc to US$12 million, sales up to 8pc US$132.2 million
  • Southern Air opens Cologne office to expand into Western Europe

Exim Indiaweb site
  • Saudi Arabia wants piece of India's polypropylene market
  • Bengal Chamber's seminar on East Coast ports outlines wide-ranging vision
  • Dhamra port welcomes 'largest' bulk carrier
  • Disregarding labour unions protests, govt to corporatise ports
  • JSW Jaigarh Port highlights advantages to Kolhapur trade
  • Transporters to decide on agitation plan at TN meet
  • Govt mulling extra tax sops window for SEZ units
  • GST rollout at later date if April deadline not met: CBEC

International Transport Journalweb site
JULY 26, 2011
  • GEFCO Brazil implements tracking system
    The Brazilian subsidiary of GEFCO has implemented a transport management system (TMS) that is connected with an application for geographical tracing. In future they are going to im...
  • CN will start the work for the new intermodal facility at Conrich soon
    Canadian work will start shortly on its planned 243 ha intermodal facility at Conrich, Alberta, northeast of Calgary. The Logistics Park will have more than 185,000 sqm of warehous...
  • Rail link between Russia and Abkhazia opened
    A rail link between Russia and the Republic of Abkhazia is now open. Rail services between the Russian Federation and the Republic of Abkhazia had been temporarily suspended in Feb...
  • Volkswagen Utility Vehicles achieves worldwide plus in deliveries
    In the first six months of the current year Volkswagen Utility Vehicles records further strong increases in delivery figures. Until the end of June the company had delivered 260,30...
  • Raben Logistics Germany expands location in Würzburg
    The transport and logistics provider Raben Logistics Germany , which belongs to the international active Raben Group, recently opened a new branch in Würzburg/Reichenberg (Germany)...
  • DB Schenker repositions domestic distribution in North America
    DB Schenker is going to reposition the domestic distribution business in the US, Canada and Mexico. This was decided by the board of directors of the US subsidiary Schenker, Inc. T...
  • Ruslan International loads 6.74 metre diameter bearing ring into An-124
    The Antonov An-124, best known for its long history of transporting challenging heavy- and outsize loads, has just carried a 6.74 metre bearing ring. The bearing ring, for a mining...
  • Swissport International appoints new EVP for Business Development
    Swissport International, the world's leading provider of ground services to the aviation sector, is pleased to announce the appointment of Roman Hermann as the company's new Execut...
  • First departure from Le Havre of Hanjin's new Japan/Asia service
    Hanjin, among the six largest container lines of the world, is after several years again serving Japan. The first departure from Le Havre was on 15 July by «Orpheus» at the Quai ...
  • Shippers welcome reduction of sulphur in marine fuel, but "need more time"
    The European Shippers Council welcomes the recently adopted global IMO agreement regarding a reduction of sulphur in marine fuel for ships operating in the North Sea, English Chann...
  • Grimaldi awarded the new ferry terminal at the port of Barcelona
    The Grimaldi Group has been awarded a 15-year concession (renewable for another 7.5 years) of the new 60 000 sqare metre terminal "Muelle Costa" at the port of Barcelona,...
  • Southern Air operates B747 freighter for Saudi Cargo
    Southern Air Holdings Inc, based in Norwalk, Connecticut, USA, and Saudi Airlines Cargo Company (SACC) have signed a definitive agreement under which Southern Air will operate one ...

Marine Logweb site
JULY 26, 2011
  • Crowley names Cole Cosgrove VP of marine operations, liner services
  • Portland to have fastest fire and rescue response boat on Columbia River
  • Vice Admiral Peter Daly takes helm at U.S. Naval Institute
  • Dry bulk sector merger will see DryShips acquire OceanFreight
  • Zheijang Shipyard delivers first of 10 IMR vessels to Bourbon
  • Nam Cheong finds customer for three AHTS newbuilds

World Wide Shipperweb site
JULY 26, 2011
  • Jensen Maritime to design City of Portland fast fire boat
  • Port of Camas-Washougal turns down FAA funding
  • Port Metro Vancouver eyes plan to reduce truck traffic on VBC streets
  • Port of Tacoma taps Matthias as consultant for Alaska business
  • Change of command set for Coast Guard cutter MELLON

Lloyd's Listweb site
JULY 26, 2011
  • Rise in shorter tanker voyages erodes daily earnings potential
    Vessel oversupply and record Asian newbuilding deliveries also stifle tanker returns
  • US oil stocks release boosts Caribbean aframax market
    Aframax tonnage in the Atlantic reduces as vessels are employed to ship US reserve barrels, supporting rate rise
  • All dry bulk carrier sizes to achieve similar returns in 2011
    Earnings for all four basic vessel sizes within a $3,000 range
  • The Strategic Petroleum Reserve
    The release of US Strategic Petroleum Reserve crude oil into the domestic market was part of the International Energy Agency's move to push stocks into the market to meet a shortfall in supplies caused by the cut in production from Libya
  • Dry bulk owners hit by plummeting Indian iron ore exports to China
    Rise in demand for India's steel industry drives drop of 20% in year to March
  • Warsash model fleet finds a new home at Timsbury
    As ships get bigger, shiphandling skills matter more than ever, and Warsash Maritime Academy's new training facility could prove highly beneficial
  • Hypocrisy of China's shipowners
    When shipping costs of iron ore rose, a lot of new Chinese shipping companies came into the business and ordered hundreds of bulk carriers with no charter cover
  • Sea-Land pioneered 'bridge forward' feedership design
    'New' Graig design poses similarities with 1960s Sea-Land version
  • Enigma of a financial crisis forestalled
    Banks avoided foreclosure during the worst of the financial crunch. But will it come back to haunt them?
  • Swaps loss impacts Danaos result
    Containership owner is still shaking off effects of major refinancing, but revenues surge 35%
  • Proof needed to invoke BIMCO radioactivity clause
    North of England P&I warns members to invoke clause only with evidence from official authorities
  • MEPs raise concerns over Liverpool cruise plans
    State aid would give unfair advantage to cruise terminal
  • DryShips to swallow OceanFreight in cash and stock deal
    Deal will give George Economou-led owner largest capesize fleet among listed peers
  • Uncertainty abounds over Iran shipments
    Constantly evolving sanctions add angst and paperwork to P&I workload
  • DFDS and Louis Dreyfus bid for SeaFrance
    Plan to merge cross-Channel ferry businesses into one operator
  • Contracts and the doctrine of estoppel
    Judgement in Ing Bank NV v Ros Roca SA shows importance of communication
  • Underwriters wait to see impact of IMO ship efficiency drive
    As long as vessels are not compromised on safety it is not the real concern of underwriters, but the industry will not welcome even more regulation that heightens liability
  • Singapore releases sustainability guidance, but urges compliance
    Bourse outlines reporting recommendations for key industries, including shipping
  • Mombasa port privatisation on hold
    Talks hampered by dockers' strikes over employment guarantees
  • Volumes surge at DP World
    Strong growth outside Europe boosts liftings
  • Scary assets
    Yangzijiang is a shipbuilder, not a hedge fund, and its involvement in complex 'held to maturity' financial instruments should be questioned
  • Seacor earnings dive as Deepwater Horizon clean-up winds down
    Second quarter net profit falls to $9m compared with $64m for the same period a year ago
  • Shippers call for lower rates in return for slow steaming
    BDP research shows that Europeans have felt greatest impact to levels of inventory
  • Slow steaming's challenges
    Even an improvement in schedule reliability might not save the box lines from a switch in supply chains away from Asian production to near-sourcing
  • National Container sets up its own rail freight provider
    New company will run block trains for St Petersburg box terminal, with similar links planned for Ust-Luga hub
  • Weak freight rates take their toll on boxship charter market
    More layups expected as fixtures and charter periods decline
  • Tanjung Pelepas container volume rises 16%
    Malaysian port easily outperforms Singapore in first half of 2011 and says momentum will continue
  • Nam Cheong seals $38m deal for three AHTs
    Shipbuilder wins order from newly-incorporated Singapore company Sentinel Marine


Fairplayweb site
JULY 26, 2011
  • DFDS, LDA launch SeaFrance bid
    FRANCE'S Louis Dreyfus Armateurs said today it has submitted a joint bid with Denmark's DFDS for part of ailing ferry operator SeaFrance
  • Greeks seize 215 migrants
    GREEK coastguards have intercepted and rescued 129 migrants sailing in an overloaded catamaran off the West Coast
  • NOL shares fall on warnings
    SHARES of Singapore's NOL dropped today after securities companies predicted that the box carrier would incur higher 2Q2011 losses than predicted
  • Port internet services found lacking
    A QUARTER of ports surveyed by the International Committee On Seafarers' Welfare offer wireless internet for seafarers, the charity told Fairplay today
  • Emerging markets offer box 'bright spot'
    BOX CARRIERS are taking consolation in stable rates on emerging trades as Asia/Europe and trans-Pacific rates continue to slide, even in the traditional third-quarter peak season
  • Covenant risks heighten
    DEUTSCHE Bank analyst Justin Yagerman today graded down three drybulk stocks and warned that pressure from lenders could escalate
  • DryShips swoops on OceanFreight
    GEORGE Economou-led DryShips said today it will expand its presence in the largest bulker classes through a full takeover of OceanFreight
  • HCI confident on Beluga's restructuring
    THE CEO of German KG house HCI Capital told Fairplay the redeployment and restructuring of its multipurpose fleet after the Beluga bankruptcy is on track
  • DP World gains 11% in teu
    DP WORLD told NASDAQ Dubai today that it handled 11% more containers in this year's first half than in that period of 2010
  • NOL seen 'deeper into red'
    DBS VICKERS predicted that NOL would incur at least $50M in losses for 2Q2011 and that the share price would drop to S$1.25
  • Breaking even's even harder for VLCCs
    VLCCs delivered this year and in 2012 would need about $40,000 per day just to break even, Poten & Partners has warned
  • Xiamen to buy stake in container terminal
    XIAMEN'S port plans to buy part of a stake in Xiamen Songyu Container Terminal
  • Jasper terminal revived
    PLANS for the Jasper Ocean Terminal in South Carolina are back on course after project officials approved its fiscal 2012 budget, Fairplay has been told
  • Jurong makes auditor claim
    JURONG Shipyard, a subsidiary of Singaporean rig builder Sembcorp Marine, is seeking arbitration against its former auditor, Ernst & Young
  • Hansen to join box-giant flotilla
    THOMAS Preben Hansen, CEO of RMT, told Fairplay today it plans to jump on the giant box ship bandwagon

The Journal of Commerceweb site
JULY 26, 2011
  • Norfolk Southern Hikes Dividend 7.5 Percent
    Norfolk Southern Railway is increasing its dividend 7.5 percent to 43 cents a share. The large eastern-U.S. railroad on...
  • Higher Truck Sales Power Up Eaton Profit
    High demand for heavy trucks in the U.S. drove up sales and profit for drivetrain supplier Eaton in the second...
  • FedEx Absorbs Mexico's MultiPack, Distribution System
    MultiPack, formally Servicios Nacionales Mupa, has trucking, express package and warehousing operations across Mexico. FedEx last December announced plans to...
  • UPS Launches Cologne-Chengdu Weekly Service
    UPS began daily service from its major European hub in Cologne, Germany, to growing Chengdu, China, as the package-delivery giants...
  • Panama Begins Pouring Concrete for New Locks
    The contractor group that is building the new set of locks for the Panama Canal began permanent concrete work...
  • Truck Tonnage Index Rises 2.8 Percent
    For-hire truck tonnage rose 2.8 percent in June after falling a revised 2 percent in May, indicating that freight shipping...
  • Vitran Loss Deepens in Second Quarter
    Canadian less-than-truckload operator Vitran lost $2.3 million in the second quarter, despite a 23.1 percent increase in revenue to $208.9...
  • C.R. England Makes Management Changes
    Top executives are shifting jobs at truckload carrier C.R. England, with CEO Dean England taking the president's title from Chairman...
  • CIT Rail Orders 5,000 New Railcars
    Railcar fleet leasing firm CIT Rail ordered 5,000 hopper and tank cars for about $475 million, with production to be...
  • DFDS, Louis Dreyfus Jointly Bid for French Shipping Line
    Denmark's DFDS, northern Europe's largest short sea carrier, and French ship-owner Louis Dreyfus Armateurs, on Tuesday launched a joint bid...
  • UPS Boosts Profit 26 Percent
    UPS reported a 26 percent profit increase to $1.7 billion in the second quarter, as the package-delivery giant grew...
  • Tacoma Container Traffic Down 11 Percent
    The volume of containers handled by the Port of Tacoma dropped by 11 percent in June compared to the same...
  • Danaos Trimmed Loss Sharply in Second Quarter
    Danaos, the Greek containership owner, reported a sharply lower second quarter loss compared to the same period a year ago,...
  • Japanese Ship Orders Sink 65.7 Percent
    Japanese export ship orders fell for the second straight month in June on a year-on-year basis, plunging 65.7 percent to...
  • Nehru Port Plans to Build Fifth Terminal
    India's Port of Jawaharlal Nehru (Nhava Sheva), which is struggling to cope with increased congestion, unveiled plans to build a...
  • DP Traffic Grew 11 Percent in First Half
    DP World said an 11 percent jump in container traffic in the first half of the year will deliver "significant...

Containerisation Internationalweb site
JULY 26, 2011
  • DP World sees an 11% increase in H1 11 throughput
  • Eredene still doing well
  • APL rate erosion continues
  • US debt limit crisis threatens the global recovery
  • APM T Apapa continues to spend

TradeWindsweb site
JULY 26, 2011
  • Genco beats bets
    Jewel of the Georgiopoulos shipping empire sparkles in the second despite substantial drop in quarterly profit.
  • Street scours DRYS swoop
    Analysts flag up family links and question if size will really matter for enlarged bulker owner after today's takeover.
  • SeaFrance in play
    Louis Dreyfus Armateurs links arms with Danish heavyweight in a bid to snap up assets from ailing ferry operator.
  • Navios escapes DB axe
    Deutsche Bank sings bulker blues while slapping sell tags on shares of Eagle Bulk, Excel and Genco.
  • Double downer for Shreyas
    Dry-docking costs and a higher fuel bill push Indian owner to a first quarter loss.
  • Opportunity knocks
    DryShips latest move offers opportunity to both buyer and seller in the deal.
  • No cape concern for DRYS
    George Economou-led firm has no fear about becoming the largest public capesize owner in the US in dire market, COO says.
  • OceanFreight a done deal
    George Economou's DryShips snaps up OceanFreight in $239m cash-and-stock deal.
  • CSDC on for $600m grab
    Hong Kong-listed owner wins approval for bond sale to fund newbuilding spree.
  • Profit up at Uljanik
    Croatian shipowner books a bumper first half profit despite weaker revenue.
  • Indian bulker attacked
    Pirates in four skiffs target SNP Shipping Services-managed vessel as spate of hits in the Southern Red Sea continues.
  • Attacks up in Asian waters
    Acts of piracy and armed robbery against ships off Asia continued to climb in the first half of 2011, says ReCAAP.
  • NAT mystified by slide
    Herbjorn Hansson-led tanker owner says its unsure why its shares slipped on huge volumes on Monday.
  • Strong start for DP World
    Mohamed Sharaf-led port giant says full-year profit target in sight after first-half throughput rises.
  • NOL shares take a dip
    Investors are not impressed by Neptune Orient Lines' fall in June sales.
  • Seacor earnings slump
    New York-listed owner's year on year performance sags without US Gulf cleanup work.

American Shipperweb site
JULY 26, 2011
  • August Cover Story
  • Access Pass August 2011
  • UPS 2nd quarter net income up 26%
    UPS reported on Tuesday second quarter net income of $1.06 billion, a 26 percent increase over the same period last year. Revenue was $13.19 billion in the quarter, 8.1 percent higher than the $12.2 billion earned in the second quarter of 2010. Th...
  • Europe/Asia rates drag APL revenue in June
    Singapore-based NOL, parent of liner carrier APL, said in an operational update that its container shipping revenue per 40-foot equivalent unit fell 13 percent in June compared to the same month in 2010. The carrier ascribed the fall in revenue to ...
  • CMA CGM adds Xiamen on Asia/Europe loop
    A CMA CGM loop between Asia and Europe has added a eastbound call at Xiamen, according to American Shipper affiliate ComPair Data.The line's 11-ship FAL3 service now has a rotation of Qingdao, Ningbo, Chiwan, Nansha, Yantian, Cai Mep, Port Kelang, ...
  • MOL (America) promotes Craig
    Craig Liner carrier MOL said Monday that Richard Craig, area operations vice president for MOL (America), has been promoted senior vice president of operations. Craig will be appointed to the MOL (America) executive committee and the MOL (Panama) b...
  • Crowley names Cosgrove VP marine operations
    Crowley Maritime Corp. has appointed Cole Cosgrove to vice president of marine operations for the company's liner services groups. Cosgrove will be responsible for the marine operations of Crowley's Puerto Rico and Caribbean services fleet of four...
  • Southern Air gives lift to Saudi Airlines
    Southern Air Holdings and Saudi Arabian Airlines have signed an agreement under which Southern Air will operate one Boeing 747 freighter on behalf of Saudi Airlines Cargo Co. on an ACMI (aircraft, crew, maintenance and insurance) basis. The plane w...
  • FedEx Express completes MultiPack buy
    FedEx Express on Monday completed the acquisition of Servicios Nacionales Mupa, S.A. de C.V., which strengthens its network in Mexico. "The acquisition of MultiPack further solidifies our long-term presence in the market," said Michael L. Ducker, ...
  • U.S. steps up fight against Khapra beetle
    U.S. Customs and Border Protection said it will enforce a federal quarantine order starting July 30 that restricts the import of rice into the United States from countries with known Khapra beetle infestations. The U.S. Department of Agriculture's...

The Bunker Bulletinweb site
JULY 26, 2011
  • Star Reefers posts loss
    Rise of over 30% in Rotterdam bunker prices 'the single most important factor effecting the market'.
  • IMO's backing for EEDI will help South Korean shipyards
    Officials claim South Korea has the 'most advanced environment-friendly shipbuilding technology in the world.'
  • Bank wants 'leading role' in bunker sector
    National Bank of Fujairah 'in good shape to weather market conditions'.
  • Bunker prices in Asian ports lack direction
    Mixed demand at Asia's key bunkering hubs on Tuesday.
  • Japanese shipping company to build LNG powered car carrier
    Car carrier expected to cut NOX emissions by 80-90%.
  • Bominflot changes senior management
    Tino Kleinitz hands over responsibilities for bunker sales and supply to Rune Larsen.
  • Seacor net profits down 85% on year
    Inland river services division operating profit 'negatively impacted' by price of bunker fuel and flooding.
  • Berth congestion at Colombo
    Bunker deliveries proceeding as normal despite unloading delays.
  • Lukoil deploys renovated bunker tanker
    Renovations completed to comply with MARPOL requirements.
  • Rising bunker bills 'drastically' eroding profitability
    'Very little revenues left' for shipowners to meet obligations outside immediate operating costs, says shipbroker.

›››File
FROM THE HOME PAGE
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Amendment on Port Labor Supply Agencies Approved
Rome
Immediate transformation into Agencies authorised to provide temporary port work
Salvini appoints a manager of a private shipping company from Campania as president of the regional AdSP
Rome
This is Eliseo Cuccaro, CEO of Alilauro
Extend the application of the 0.1% sulphur limit in marine fuels globally
Extend the application of the 0.1% sulphur limit in marine fuels globally
Berlin
This is proposed by an analysis by the International Council on Clean Transportation
IMO and EU condemn renewed attacks on ships in the Red Sea
London/Brussels
Dominguez: New violation of international law and freedom of navigation
In the first half of 2025, container traffic in the port of Gioia Tauro grew by +10.5%
Joy Taurus
2,186,211 TEUs were handled
A bulk carrier was attacked in the Red Sea
Portsmouth
The crew abandoned the ship which began to take on water
German government allocates 400 million euros to support energy transition in maritime-port sector
Over 78 million euros to the ports of Augusta and Taranto for offshore wind
Rome
Funds distributed over three years starting from 2025
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
Agostinelli (AdSP Tirreno Meridionale e Ionio): the amendment that allows for the early transformation of the Gioia Tauro Port Agency is extremely important.
Confindustria's event on the maritime economy will take place in Rome on July 15th.
Rome
The confederation's strategic document on the sector will be presented
Kerala seeks $1.1 billion from MSC in damages over MSC Elsa 3 sinking
Thiruvananthapuram
Temporary detention of the vessel "MSC Akuteta II" granted
Trasportounito requests the cancellation of the renewal procedure of the Central Committee of the Register of Hauliers
Rome
New seizure of a load of cocaine in the port of Gioia Tauro
Reggio Calabria
16 bags containing 417 kilos of drugs were found in a container
MOL and Kinetics to build world's first floating data center
Tokyo
It will be installed on a vessel of 9,731 gross tonnage
Rijeka Gateway Terminal to become operational in early September
Copenhagen
The first ship at the second container terminal of the Croatian port is expected on September 12
Falteri (Federlogistica) urges us to focus on the development of "polycentric" logistics
Genoa
The Simplified Logistics Zone should be the cornerstone of the strategy
Tsuneishi Shipbuilding Co. acquired Mitsui E&S Shipbuilding Co.
Hiroshima/Tokyo
It was renamed Tsuneishi Solutions Tokyobay Co.
Pessina (Federagenti): Northern European logistics system is struggling. Let's take advantage of it!
Rome
Unexpected opportunity - he underlines - for the Mediterranean ports and Italian ones in particular
MSC Cruises Joins Carnival and Royal Caribbean in Capitalizing on Grand Bahama Shipyard
Miami
Negotiations underway since the end of 2024 have been successfully concluded
At The International Propeller Clubs the Dorso Award for the Mediterranean area
Naples
In recognition of the primary role played by logistics operators in Mediterranean traffic
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