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Independent journal on economy and transport policy
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BRIEFS
June 28, 2011
The Business Timesweb site
Shipping News
  • Rise of freight forwarders in shipping boxes
    Freight forwarders led by Kuehne+Nagel International AG are prompting shipping firms including Maersk Line, the world's biggest, to rethink their strategies after grabbing a chunk of the seaborne container market.
  • Global Ports prices its London IPO at low end
    Russian group Global Ports priced its US$534 million London flotation at the low end of an indicated range, making it the second company in two days to get a listing away in tough European markets.
  • Shanghai port sees steady growth
    Shanghai port, the world's busiest for containers, expects volumes to rise about 10 per cent annually for the next five years as manufacturers open plants in western and inland China in search of lower-cost labour.

Sched Netweb site
  • Maersk docks its first 13,000-TEU ship at freshly dredged Antwerp
  • CARB uses US naval concerns to make expensive eco-fuel inescapable
  • Having won right to bid in court, APMT declines Indian CT deal as not worth it
  • Rotterdam eases nuclear checks on containers from Japan
  • China Container Lines expects 10pc rise in 2011, but 200pc from intra-Asia
  • US Homeland Security chief Napolitano doubts feasibility of 100pc box scanning
  • Jones Act carriers 'dumbfounded' by open invitation to all to ship US oil reserves
  • Market confusion: Bengal Tiger Line reminds all: 'we are not Tiger Lines'
  • Asia Pacific Airlines flew more passengers than cargo in May
  • US hits Iran Air for WMD proliferation because it serves defence ministry
  • Veteran air cargo companies losing ground to newbies over last decade

Exim Indiaweb site
  • American Feeder Lines starts US-Canada East Coast Boston-Halifax service
  • Carriers remove Asia-Europe capacity amid falling demand, spot rates
  • Comprehensive steps needed to improve coastal shipping: Capt. Mohan
  • Emirates Shipping Line joins FMX service
  • Fesco adds ship to make FCDL-North Loop a weekly China-Russia service
  • LE HAVRE PORT launches project to augment automotive handling
  • MOL expanding large-size containership fleet
  • NCC takes delivery of another chemical tanker
  • Ficci workshop on setting up business in UK on June 30
  • MPSEZ to emerge as largest port by 2013-14: Report
  • Thar Dry Port inducts senior professionals to handle key operations
  • Three new RMQCs arrive at JNPCT
  • Cathay Pacifics Chennai-Frankfurt freighter service launched
  • GST rollout in doubt next fiscal
  • Stakeholders' views sought on review of 'deemed export' policy
  • Building the right team, the right way

International Transport Journalweb site
JUNE 27, 2011
  • Change of generations at Agility Area Central Europe
    After 37 years at Agility Area Central Europe, Edgar von der Heydt, Managing Director Fairs & Events, retired on 31. May. He hands over the reins to Achim Rauser, who, for the ...
  • Fedex improved revenue and incomes in Q4 2010/11
    Integrator and CEP service provider Fedex has attributed the increase in its fourth quarter revenue and earnings to continued strong yield improvement in all transportation segment...
  • World Bank Money to develop roads in Rwanda
    The World Bank's Board of Executive Directors will invest in the next ten years USD 11 Million in Rwanda's Road. The project will help to improve the quality of Rwanda's paved road...
  • Latvian Railway: Volume of cargo increased considerably
    From January until May 2011 the volume of cargo transported by Latvian Railway increased 17,6% compared to the same period last year. The company transported a total of more than ...
  • BNSF and YSVR enhance operational coordination to serve growing rail demand for Montana customers
    BNSF Railway (BNSF) and Yellowstone Valley Railroad (YSVR), a 134-mile short line operated by Watco Transportation Services, announced that they will amend their lease agreement on...
  • CN's Alberta short-line rail acquisitions, upgrades total CAD 400 million
    Claude Mongeau, President of the Canadian National Railway Company (CN), said the company will have invested almost CAD 400 million (about EUR 285.6 million) to buy and rehabilitat...
  • CSA Czech Airlines cancels planned Prague-Baku service
    CSA Czech Airlines has cancelled the planned service to launch on the Prague - Baku route. This route was scheduled to start from 27 June (original launch date was 6 June but postp...
  • Paris is worth a trip for Airbus and Boeing
    Thanks to 600 orders for the new medium-range Airbus A320neo, 200 alone from Air Asia, the EADS subsidiary collected orders and letters of intent for a total of 730 aircrafts durin...
  • Centurion Cargo starts operation at Schiphol
    Centurion Group has launched this month a bi-weekly freighter service between Quito, Amsterdam-Schiphol, Miami and Mexico-City. The privately owned company founded in 2001 and base...
  • Dachser opens Eurohub in Bratislava
    With the Eurohub in Bratislava (Slovakia), the German logistics provider Dachser has opened a new corner pillar of its European land transport network. The central logistics hub fo...
  • Imperial shipping line group pools activities on the Danube
    The Imperial shipping line group pools its activities on the Danube and merges the two, so far independently operating companies, Multinaut Donaulogistik GmbH and Donaulogistik Gmb...
  • The Central Association Forwarding & Logistics (Zentralverband Spedition & Logistik) wants to obtain permission for road trains in Austria
    Forgoing an increased admissible total weight of 60 tons, the Austrian Central Association Forwarding & Logistics (ZV) wants to obtain permission for road trains in Austria. It...
  • DHL puts new hub in Morocco into operation
    DHL Express opened a new gateway of 6,800 sqm at Mohammed V International Airport in Casablanca (Morocco). The investments for the new location amounted to EUR 5.5 million. The fac...
  • CAPSA beats its own record for teu movement
    In March, CAPSA (Compañía Auxiliar del Puerto de Tenerife), which is part of Grup TCB, Spanish shipping operator of port terminals, has beaten its record of container moved with a...
  • Philippines launch logistics facility in Portland, Oregon
    The Philippines and the State of Oregon in the Unites States further strengthened economic ties with the Philippines' recent launch of a logistics facility in the port city of Port...

Marine Logweb site
JUNE 27, 2011
  • MOL orders two 8,600 TEU boxships in expansion

World Wide Shipperweb site
JUNE 27, 2011
  • Port of Tacoma sees gains in May container numbers
  • Condor Airlines begins flights to Seattle-Tacoma Airport
  • Coast Guard cutter MELON returns to Seattle homeport
  • Corps requiring EIS for pair of construction projects
  • Horizon Lines inks deal for amended credit facility

Lloyd's Listweb site
JUNE 27, 2011
  • VLGC rates hit five-week high on rise in exports from major gas producers
    But additional volumes should have pushed rates up by even more, brokers say
  • Chinese scrap rates move closer to falling Indian subcontinent levels
    Dry vessels are fetching well below $500 per ldt from buyers in India, Bangladesh and Pakistan, while rates in China remain steady at $450
  • Panamax containerships under pressure from larger vessels
    US roads and railways also threaten sector
  • Sale of Astrale points to further declines in panamax values
    Greece's TOP Ships has sold the panamax bulk carrier Astrale for a price below market benchmarks, signalling further decline in panamax asset values amid weak market fundamentals in the sector
  • American Club sees rise in Asian owners to 34% of entered tonnage
    P&I club reports 2010 as 'very good year'
  • Maersk expects to limit Triple-E fleet to 20 vessels
    Danish giant exercises first option for 10 more 18,000 teu boxships from DSME, but second tranche put in doubt
  • Customs strike threatens UK ports and terminals
    Shipping lines urge customers to submit customs declarations early to avoid cargo backlogs
  • Nordic American promises dividend payouts will continue
    Tanker company attacks rivals as having 'too much debt and too many ships'
  • NYK trials first selective catalytic reduction system on low speed engine
    Japan line proves capabilities of SCR on large bulk carrier
  • Black carbon from shipping is focus of tighter emissions curbs
    Bad for human health and a contributor to melting ice caps, fine dust that retains heat is now the subject of regular IMO discussions
  • Demands for guidelines on ballast compliance testing increase
    As the ballast water convention nears full ratification, port state control needs clear guidance on enforcement
  • Falling freight rates create issues for shippers, too
    Carriers' best guarantee of steady capacity utilisation is customer satisfaction yielding long-term loyalty
  • We must not be blinded by money
    Corporate excess is being confused with free competition
  • Cruise control freaks are wasting Greek potential
    The first Posidonia Sea Tourism Forum was a gilded chance for Greece's government to glean how to exploit the country's natural advantages in maritime tourism. Mainly, though, it offered a sweeping indictment of how Greece has mishandled the sector
  • A tale of two fleets
    The successful Greek oceangoing shipping industry is efficient, competitive and has flourished free from government intervention, a stark contrast with shipping within Greece
  • Liverpool should pay back cruise terminal's $33m subsidy, says ABP
    Basic fairness means ban on turnarounds should remain in place unless public funds are returned, claims rival
  • Horizon Lines lenders amend credit facility
    Move allows carrier to press ahead with its recently announced recapitalisation package
  • Wallem Group replaces veteran manging director Grool
    Shipmanager offers no reason for shake-up as Wallem Shipagencies chief Simon Doughty takes the helm
  • NSCSA seals $219m financing for phasing out older ships
    Saudi Arabian line signs Shariah-compliant deals with two banks to help pay for newbuildings from Hyundai Mipo
  • Grand Alliance and New World Alliance lose out on Asia-Europe loops
    Grand Alliance and New World Alliance members need to order more 13,000 teu ships to compete with rivals
  • Pacific and Indian Ocean face growing risks of conflict
    Nationalism, the need for resources and greater maritime patrolling have stepped up pressures, says think tank
  • Follow whose leader?
    IMO members are divided over electing a charismatic secretary-general or a more collegiate type
  • Golden Ocean to liquidate 10% stake in Knightsbridge
    Sell-out scuppers merger rumours
  • Moody's poised to downgrade MISC
    Review to include shipping group's strategy to cut losses in liner, chemical and petroleum segments and stability of earnings and cash flows
  • Hoegh to scale down IPO
    Weak market conditions force Norwegian owner to drop expectations to between $124m and $150m
  • NOL revenue per box down 8% in May
    Little sign of a comeback, with rise in volumes offset by weaker rates in the Asia-Europe trade lane
  • RCL refinances all of its debt with $85m DnB NOR loan
    Loss-making intra-Asia box carrier signs six-year agreement with Norwegian bank
  • Box lines outlook good but not great, says Goldman
    Freight rates are weaker than expected but cost pressure is abating and bunker prices falling, says bank
  • Capesize rally contrasts with other dry markets
    Rally to over $8 per tonne expected for voyages between Australia's west coast and China
  • Somalia pardons six ransom couriers
    Foreigners free but government confiscates $3.6m brought into the country illegally

Fairplayweb site
JUNE 27, 2011
  • Maersk exercises Triple-E box ship options
    MAERSK said today it has exercised options to build 10 more 18,000teu ships, four months after ordering 10 similar Triple-E ships from DSME
  • US cargo rule change suggested
    US MARITIME laws should be changed to allow faster access to government cargo for shipowners choosing the country's flag, according to the US Government Accountability Office
  • LNG fixture tops $100,000/day
    THE FIRST fixture of an LNG carrier at a rate above $100,000/day shows the strength of the market, according to Arctic Securities shipping analyst Erik Nikolai Stavseth
  • California extends clean-fuel zone
    VESSELS bound for southern California ports can no longer take a detour around the state's 24-mile (39km) low-sulphur fuel zone to cut costs
  • NAT reassures investors
    SPOT PLAYER Nordic American Tankers told shareholders today that its dividend-centric model remains intact, despite the extended rate slump
  • Havila plans share placement
    NORWEGIAN offshore vessel operator Havila Shipping today announced plans for a private placement of shares, plus an issue of shares to its biggest shareholder
  • Knightsbridge shares on the block
    DRYBULK carrier Golden Ocean Group is selling its stake in fellow John Fredriksen company Knightsbridge Tankers
  • Saigon secures port funds
    SAIGON Port has reportedly secured two trillion dong ($97M) in funding for the new Sai Gon-Hiep Phuoc port
  • Greece plans flag incentives
    THE GREEK government is preparing legislation aimed at boosting the country's ship registry, but has indicated that the plan won't involve tax cuts for shipping
  • Höegh LNG offering shrinks
    HöEGH LNG has reduced the size of its IPO and set the price of the offering at the bottom of the range, citing adverse market conditions
  • Reefer owners still scrapping
    REEFER owners are continuing to scrap their older vessels, despite the impact of the South Asian monsoon, Fairplay has been told
  • Jordan seen taking Russian grain
    RUSSIAN grain flows to the Middle East are likely to switch from Egypt to Jordan, the Russian Grain Union told Fairplay today
  • Aframax owners reverse rates
    AFRAMAX owners' resistance to ballasting to the Middle East has reversed the soft market, brokers have told Fairplay
  • India port congestion affects coal imports
    BROKERS told Fairplay today that congestion is worsening at ports on India's east coast, which is less affected by the country's monsoon season than the west coast
  • NOL secures loans worth $1.14Bn
    SINGAPORE'S NOL said today it has secured $1.14Bn in loans for the 12 box ships that it ordered for $1.54Bn on 15 June

The Journal of Commerceweb site
JUNE 27, 2011
  • US Import Growth Slowed to 5.9 percent in May
    U.S. containerized imports rose 5.9 percent to 1.5 million 20-foot-equivalent units in May from a year earlier, despite weakness in...
  • Lumber Demand Rose 18 Percent in 2010
    Global demand for softwood number jumped 18 percent last year after plunging to a 50-year low in 2009, and lumber...
  • Truck Tonnage Index Drops 2.3 Percent in May
    The decline in truck tonnage accelerated in May, as the seasonally adjusted for-hire truck tonnage index dropped 2.3 percent after...
  • Small Railroads Rev Up Intermodal, Bulk Loadings
    Small railroads at mid-June posted their highest load volumes of 2011 for intermodal containers or trailers, stone aggregate used in...
  • Truck, Bus Safety Fines Rise 23 Percent
    Federal truck safety penalties against motor carriers jumped 23 percent in 2010, according to data from the Federal Motor Carrier...
  • Canada Post Employees Return to Work
    Canada Post ended its 12-day lockout this weekend, sending thousands of Canadian postal service mail sorters back to work Monday...
  • Savannah Box Volume up 10.1 Percent
    Container volume at the port of Savannah climbed by 10.1 percent in May from the same month last year, as...
  • Consumer Spending Flat in May
    Consumer spending was flat last month and dropped 0.1 percent in inflation-adjusted dollars, the Commerce Department said in a report...
  • Somalia Pardons Six Jailed Foreigners
    Somalia pardoned six foreigners jailed for illegally bringing $3.6 million into the country to pay ransom for two ships seized...
  • NTSB Investigates Fatal Truck-Train Crash
    It may take federal investigators more than a year to determine why a truck driver smashed into an Amtrak train...
  • From Restocking to Destocking?
    Inventory restocking seems to be on summer vacation. Softer-than-expected demand this spring seemed to bring the memories of the economic...
  • Maersk Orders 10 Additional Mega-Ships
    Maersk Line signed a contract Monday for another 10 18,000 20-foot equivalent units containerships for the Asia-Europe trade, just four...
  • NOL Signs Contracts for 12 New Ships
    Neptune Orient Lines confirmed Monday contracts with two Korean shipyeards to build 12 container vessels, including 10 of its largest...
  • NOL Volume Up, Average Revenue Slips
    Container volume at APL rose 7 percent in the four weeks ending June 3 over the same period last year,...
  • Japan Expands Pacific Rim Trade Security Network
    Japan and Singapore will recognize their respective trade security and facilitation programs, commonly called Authorized Economic Operator programs, under a...
  • PierPass Delays Fee Increase
    Marine terminal operators at the Los Angeles and Long Beach ports are delaying a $10 per-container TEU increase in the...
  • Betting on Brokerage
    Bradley S. Jacobs is buying into transportation in a big way. The founder of two multibillion-dollar enterprises, Jacobs and his...
  • Rethinking LTL Pricing
    No one, it seems, is happy with less-than-truckload pricing. Shippers aren't pleased with rising LTL rates. Truckers aren't satisfied...
  • Cross-Strait Trade No Longer Dire
    On a bright spring day in Taipei, groups of camera-toting foreign tourists are standing atop the long row of steps...
  • Shorting China
    One group watching international economy drivers says it already sees worrying signs in China's economy. Coface, a large credit...
  • Manufacturing a Supply Chain Upheaval
    When a major U.S. manufacturer sent the 4,000 workers at its Chinese factory home for the Lunar New Year holiday...
  • Gulfport Rises
    When Hurricane Katrina barreled into Gulfport in August 2005, the 24-foot surge all but destroyed the Mississippi port's container and...
  • How Green Is Your Carrier?
    When Maersk Line CEO Eivind Kolding this month issued his provocative call for radical changes in the way the global...
  • Building An Agenda
    A couple of months ago, I wrote about the planning process we engage in to establish the agenda for conference...
  • Clean Trucks Shift Gears
    The Los Angeles-Long Beach clean-trucks programs are nearing the end of their first phase, and despite many controversies, the initiatives...
  • C-TPAT Looks Within
    Two months after the September 11 attacks, Customs and Border Protection struck a bargain with the trade community: Companies would...
  • Waiting on Rail Regulators
    There have been plenty of words, warnings and venting as freight shippers and railroads vie to win over rail regulators...
  • June Thaw Hits Trans-Pacific
    After steady growth earlier in the year, container shipping demand from Asia to the United States tailed off in June,...
  • Retailers' Balancing Act
    In any economy, inventory management must strike a balance between costs and cutting into sales. Keep stockpiles too large,...
  • Claims Setoff: Law vs. Practice
    Q: Is it acceptable for a shipper to set off claims against freight charges owed prior to finalization of the...

Containerisation Internationalweb site
JUNE 27, 2011
  • Lost in interpretation?
    It seemed that the US Secretary of Homeland Security, Janet Napolitano, was talking good sense in Rotterdam last week when asked by the Dutch media about the status of the implementation of US legislation for the 100% scanning at foreign ports of all US-bound containers.
  • APL to grant shippers slow-steaming BAF discounts
  • China to bail-out eurozone
  • NOL charters ULCS newbuilds to MOL
  • APL: US box shortage will be 'less severe' with launch of its own 53 ft assets
  • Maersk exercises 10 x 18,000TEU option with Daewoo

TradeWindsweb site
JUNE 27, 2011
  • Fresh blueprint frames SCF future
    Russian tanker titan sets privitisation clock while six-year investment strategy sheds light on emerging markets and fleet focus.
  • AET converts aframax tanker duo
    Malaysian tanker owner converts Japanese newbuildings into modular capture vessels following MWCC contract.
  • George E eyeing LNG assault?
    Equity analyst 'would not be surprised' to see Economou's DryShips dip into LNG sector with cash from Ocean Rig float.
  • NATS trumpets dividend promise
    Nordic American Tanker Shipping boss Herbjorn Hansson blast debt-laden competition during discussion of dividends and expansion.
  • Yard bidders want more time
    Davie and Seaway Marine urge extension of deadline to bid for Canada's massive $35bn programme of orders.
  • Tailwind boss signs with Safe Bulkers
    New York-based private equity player secures board seat at US-listed bulker owner.
  • Horizon Lines on road to recovery
    US liner operator secures breathing room as it hammers out financial restructuring.
  • Mermaid extends placement again
    Thoresen Thai-owned offshore company extends private placement of drilling arm shares and lowers expectations.
  • Hoegh LNG scales back IPO
    Market conditions chop Sveinung Stohle-led LNG carrier owner's Oslo share sale as it prices at bottom of range.
  • Hub Trader hits scrap heap
    Singapore-based liner operator sends containership to chopping block in Alang.
  • APL cutting fuel surcharge
    Slow-steaming succeeds in lowering costs for Singapore container line in Pacific.
  • NOCC cuts investor numbers
    Nearly 400 shareholders take up Norwegian Car Carriers buy-back offer.
  • Seatel reveals marine hotel
    Svitzer UK makes move into offshore floating accommodation sector with Sanderson Maritime.
  • MOL pens boxship double
    Japanese shipowner orders two new containerships at Mitsubishi Heavy Industries.
  • Bumi Armada IPO details leaked
    Malaysian shipowner aims to raise nearly $1bn from public offering in Kuala Lumpur.
  • Dredger horror accident probed
    Details emerge of incident on Van Oord ship in New Zealand that nearly ripped off crewman's foot.
  • Marinakis denies match-fixing
    Greek club Olympiakos says allegedly "suspicious" matches date from before shipowner took over in 2010.
  • Maersk Line stopping at 20
    Danish owner signs for 10 more $190m Triple-E giants at Daewoo, but says it does not intend to declare second option for another 10.
  • Havila eyes private share placement
    Njal Saevik-led offshore owner aims to raise nearly $80m from placement of shares to fund vessel purchases.
  • MOL boxship suffers fire
    APL Chiwan to be towed to Hong Kong after engine blaze off coast of China.
  • Fishing vessel sunk in clash
    Two fishermen saved after incident involving German cargoship Frank W off Denmark.
  • Rongsheng nets $1.7bn loan
    Hong Kong-listed shipbuilder secures cash from China CITIC Bank to revamp facilities.
  • Cargoship beached in Venice
    Turkish vessel ran aground after hitting part of a floodgate construction site.
  • Miclyn bags barge double
    Australian owner buys another two units for work on the Barrow Island LNG project in the north-west.
  • Mavrinac: 'IEA news not all bad'
    Release of oil from reserves may have hammered some tanker stocks but there are positives to the development, Jefferies says.
  • Crew rescued in sinking
    US Coast Guard picks up four men in Bering Sea after tug goes down in heavy swell.
  • NSCSA bags $220m for newbuilds
    Saudi Arabian owner nets cash for Hyundai Mipo newbuildings allowing it to take options on two ships.
  • NOL snatches huge newbuild loan
    Singapore-listed owner nets over $1bn to pay for its latest newbuilding splurge.
  • Two bulkers to be torched
    Tanjin Hebei Shipping and Pioneer Marine the latest owners to cash in ageing ships in a difficult market.
  • Prison pardon for ransom six
    Somalia agrees to release a group jailed earlier this month after being busted with ransom cash at a Mogadishu airport.
  • Cecon strikes Indian alliance
    Restructuring Norwegian owner teams up with Great Offshore for subsea project work.
  • Barclays backs boxship boys
    Bank pinpoints a window to buy shares in Asian container lines amid hope earnings will improve in the second half of 2011.

American Shipperweb site
JUNE 27, 2011
  • Chicago flyover splits passenger, freight rail
    The U.S. Transportation Department on Friday said its Illinois state counterpart can start spending $126 million for Chicago's so-called Englewood Flyover project that was awarded last year. The project, which will get under way later this summer,...
  • Grain shippers seek flood-damaged waterways fix
    A group of grain shipper associations has asked the congressional appropriations committees to include additional resources to dredge and repair inland waterways damaged by historic floods. "Agricultural producers, processors and exporters rely on...
  • Defense contractors join Shipbuilders Council
    The Shipbuilders Council of America (SCA) said Huntington Ingalls Industries' Newport News Shipbuilding, Ingalls Shipbuilding Divisions and General Dynamics' Bath Iron Works have joined as members. (General Dynamics NASSCO is a member of the SCA.) ...
  • Horizon secures covenant relief
    Horizon Lines said Friday it has reached an agreement with its bank group to amend its credit facility. The nation's largest operator of Jones Act containerships said the "amendment relaxes compliance under the credit facility's financial covenan...
  • American Feeder allies with labor, shipyards
    American Feeder Lines said it is part of an "emerging labor and industry coalition that also includes the Metal Trades Department of the AFL-CIO, the Seafarers International Union, the International Longshoreman's Association, and the Marine Engine...
  • Flip-flop on Jones Act waiver flap?
    The U.S. Energy Department has apparently reversed itself and will not offer a blanket exemption to the Jones Act for ships carrying oil from the Strategic Petroleum Reserve (SPR). The government set off a furor on June 23 when it announced on the ...
  • New World lines order big for Asia/Europe
    Two members of the New World Alliance mapped out sizable fleet expansions on Monday, including a decision to share in the operation of 10 new 14,000-TEU ships to be delivered in the next three years. NOL, the Singapore-based parent company of cont...
  • Maersk orders 10 more 18,000-TEU ships
    Maersk Line said Monday it has decided to order an additional 10 Triple-E vessels, each able to carry 18,000 TEUs.The company exercised its option with Korea's Daewoo Shipbuilding & Marine Engineering Co. Ltd. to build the ships, which it said are...
  • Doubling up on "Triple-E" vessels
  • Letter to the Editor

The Bunker Bulletinweb site
JUNE 27, 2011
  • Middle East prices mixed
    Deliveries in Durban available for supply between July 1-7.
  • Omanoil adds three bunker barges to fleet
    The barges will be supplying 380 centistokes (cSt) intermediate fuel oil (IFO380).
  • Asian fuel market 'tight' through to August
    Traders say market sentiment is firming.
  • Bunker prices continue downward movement
    General strike in Greece on June 28-29.
  • Cruise line will have 'unsurpassed capability' for fuel savings
    Norwegian Cruise Line (NCL) signs five-year agreement with Finland-based Eniram Ltd.
  • Maersk exercises option for 10 more giant, fuel efficient carriers
    'Triple-E ships with their record capacity and energy efficiency will give us competitive advantage,' says Maersk.
  • Bunker player launches 'app' for marine fuel market
    O.W Bunker calls 'app' tool for ship owners and operators.
  • Bunker markets soft as week begins
    WTI showing losses in early trading.
  • Oiltanking Partners increase shares for IPO
    Company to put up 10 million common shares for offering at undisclosed price.
  • Athens-based shipowner orders fuel efficient engines
    G-type engines able to reduce fuel consumption and CO2 emissions by up to 7%.
  • LNG bunkering in Singapore 'sure' to happen
    SLNG Corporation is working on the concept, says Norwegian Embassy.
  • Lukoil joins oil spill response drill
    Bunker barges Arktika and Baltic Seagull takes part in training.

›››File
FROM THE HOME PAGE
Ahead of the election, Australia is arguing over who will oust China's Landbridge from the Port of Darwin
Darwin/Strathpine
Assurances to this effect were given by both Prime Minister Albanese and opposition leader Dutton.
US tariffs will cause a four percentage point reduction in the expected volume of world trade
Geneva
The World Trade Organization believes so
84% of new constructions ordered by the Italian navy will be built in China
Rome
Analysis by the Confitarma Study Center on the possible impacts of US duties on the national shipping industry
GNV ships will call at Algerian ports for the first time
Genoa
In summer, the weekly connections Sète-Algiers and Sète-Bejaia will be activated
Boluda Towage and Marsa Maroc to operate towage services in the new port of Nador West Med
Valencia
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Denton (ICC): Trump's tariffs pose a crucial challenge to rules-based trade governance
Paris
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Guerrieri appointed extraordinary commissioner of the Northern Tyrrhenian Sea Port Authority
Leghorn
The mandate granted by MIT has no expiration date
APM Terminals buys the Panama Canal Railway Company
The Hague
The company operates the railway line parallel and adjacent to the Panama Canal
Piloda plans a hub for ship repair, refitting and demolition in the port of Brindisi
Naples
Expression of interest for the reconversion and reindustrialization of the former coal power plant area
Kuehne+Nagel to handle spare parts logistics for Changan electric cars in the European market
Schindellegi
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A.P. Møller Holding submits offer to acquire entire share capital of towing company Svitzer
AP Møller Holding submits offer to acquire entire share capital of towing company Svitzer
Copenhagen
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Public interest declared for MSC, Neri and Lorenzini's project for a new container terminal in Livorno
Slight annual growth in freight traffic in Italian ports driven by containers
Slight annual growth in freight traffic in Italian ports driven by containers
Rome
In the container segment, the strong increase in transhipments offset the decline in imports and exports
Turkey's Desan Shipyard in talks to take over Mangalia shipyard
Bucharest
The Tuzla plant is much smaller than the Romanian one
Six international shipping associations present a guide to planning safe navigation
London
TUI awards Fincantieri contract for two new cruise ships for Marella Cruises
Hanover/Trieste
Deliveries are scheduled for 2030 and 2032
ESPO urges EU and Member States to allocate funds to decarbonise ships and ports
Brussels
Earmarking Innovation Fund proceeds to stimulate demand for clean marine fuels
China Antitrust Launches Investigation into Hutchison Ports' Panama Terminal Sale
Beijing/Hong Kong
Panama Ports Company operates the Balboa and Cristobal ports
PSA posts annual revenue growth, but profits fall
Singapore
Sharp increase in operating costs across the board
Temporary Port Labor Supply Company in Cagliari Extended for Another 18 Months
Cagliari
In 2024, cargo traffic in Chinese seaports grew by +3.5%
Beijing
Increase of +6.9% in traffic with foreign countries. In the first two months of 2025, 1.75 billion tons were moved (+1.6%)
Chinese container maker CIMC posts bumper 2024
Hong Kong
Almost 3.6 million containers sold (+372%). Record revenues
Le Aziende informanoSponsored Article
AAL Shipping sceglie il sistema di consulenza marina di ABB per ottimizzare la flotta Super B-Class
In February, freight traffic in the port of Genoa fell by -4.4% and in Savona-Vado it increased by +24.5%
Genoa
Cruise and ferry passenger decline
ICS, Trump's proposed measures against Chinese ships risk having significant unwanted consequences, even for the US
Washington
Strong opposition to their introduction also expressed by the WSC
Intercargo, international measures for decarbonisation of shipping must be simple and clear
London
Gkonis: Must not compromise operational efficiency and smooth global transport of essential goods
Port of Barcelona invests 124 million to develop sustainable fuel traffic
Barcelona
Construction of three new moorings at Moll de l'Energia
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
In 2024, freight traffic in the port of Catania began to grow again. A decline in Augusta
Augusta
A total of 7.9 million and 23.0 million tons of cargo were handled
In 2024, the terminal operator HHLA recorded record revenues with a growth of +10.5%
Hamburg
Profit after taxes amounted to 56.4 million euros (+33.1%)
Launch of a public consultation for the updating of the PRPs of the ports of Genoa and Savona-Vado
Genoa
The involvement of territorial, economic and social communities is foreseen
ITU, ICAO and IMO highlight risks to maritime and air transport caused by attacks on satellite communications
Geneva/Montreal/London
London Government presents its strategy for decarbonising maritime transport
London
The measures for ports will be defined after a public consultation that will take place in the coming months
For security, military ships are not enough, merchant ships are also essential
London
TUI in talks with shipyards for two new cruise ships for Marella
Hanover
Slots available starting from the 2031 financial year
ANESCO, with the Port Employment Centers, accidents have decreased in the three main Spanish ports
Madrid
67% reduction in lost work days per year
Filt, Fit and Uilt, no to the transformation from "article 18" to "16" of the Livorno port company LTM
Leghorn
Unions ask port authority to block proliferation of new economic entities
Last year Fincantieri recorded record revenues and new orders
Last year Fincantieri recorded record revenues and new orders
Trieste
Folgiero: the first fruits of our strategy and industrial vision have been harvested
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
COSCO Shipping Holdings revenue increased by +44.8% in the fourth quarter of 2024
Shanghai
In the period, the container ships of the Chinese group's fleet transported 6.9 million TEUs (+13.1%). Containers on the Asia-Europe/Med routes fell
Porto Marghera, renewal of concession to Terminal Rinfuse Venezia
Venice
New 25-year contract. Investments of over 53 million euros expected
In the last quarter of 2024, container traffic alone increased in French ports
Paris
In the whole year, containers amounted to over 5.3 million TEU (+11.5%)
Carnival Sets New Low Season Quarter Records December-February
Carnival Sets New Low Season Quarter Records December-February
Miami
Positive outlook for the remainder of the 2025 financial year
Rail Losing Ground in Transalpine Freight Traffic Through Switzerland
Bern
In 2024, trains transported 25.7 million tons of cargo (-3.7%)
CK Hutchison's Port Division revenues grew by 10.8% last year
Hong Kong
In 2024, Ferrovie dello Stato Italiane recorded a net loss of -208 million euros
Rome
Revenues up by +11.7%. The group's freight transported increased thanks to the acquisition of Exploris
Port of Genoa, Ente Bacini requests new spaces and renewal of the concession
Genoa
Conference to celebrate the centenary of the company
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
VARD to build offshore dive vessel for Dong Fang Offshore
Alesund/Trieste
The contract is worth 113.5 million euros
Next week Italian ports will participate in Seatrade Cruise Global
Rome
Initiative brand: "CruiseItaly - One Country, Many Destinations"
MSC Group Cruise Terminal Officially Inaugurated in the Port of Barcelona
Barcelona
In 2027 it will be equipped with a cold ironing plant
Marcegaglia and Nova Marine Carriers form NovaMar Logistic joint venture
Lugano/Gazoldo of the Ippoliti
A general cargo ship will transport raw materials to the steel group's plants
Liebherr achieves record annual sales in the maritime and port crane segment
Bulls
Strong demand for offshore and container handling equipment
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
Last year, 656 ships underwent repair work in Greece
Piraeus
Increase of five units compared to 2023
Port of La Spezia, cruise ship docking simulations completed at Garibaldi West pier
The Spice
Assagenti conference on the future of the profession of maritime agent and broker
Genoa
It will be held tomorrow in Genoa
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
Stena Line presents a project for a ro-ro vessel capable of reducing energy consumption by at least 20%
Gothenburg
Introduced most of the innovative technologies currently available
Saipem awarded new contracts in Middle East and Guyana
Milan
The total value of the orders is approximately 720 million dollars.
Conference in Genoa for the centenary of Ente Bacini
Genoa
The company was established on 19 February 1925
Interporto Bologna Board of Directors Renewed
Bentivoglio
Stefano Caliandro Appointed President. Loss of 1.7 million euros in 2024
NYK invests 76 billion yen in NYK Energy Ocean Corporation
Tokyo
The newco has taken over the activities of ENEOS Ocean
Decarbonisation of maritime transport will be faster in the EU and the US
DHL Acquires CRYOPDP
Bonn/Nashville
The company provides courier services for clinics and healthcare
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Over a million to the port companies of Livorno and Piombino to acquire green vehicles
Leghorn
The ranking for admission to the PNRR-Next Gen Eu contributions has been published
COSCO Shipping Development Co.'s container sales increased by +204.1% in 2024
Shanghai
The related turnover increased by +124.0%
The call for funding for the purchase of electric vehicles in the ports of Genoa and Savona-Vado has been published
Genoa
Yang Ming Buys Three New 8,000 TEU Containerships
Keelung
They will be delivered between 2028 and 2029
Construction of a cruise ship for Regent Seven Seas Cruises begins in Marghera
Trieste
Fincantieri will deliver the unit in 2026
Federlogistica establishes operational offices in Spain and Brazil
Genoa
The aim is to go beyond theoretical cooperative relationships
Over a Ton of Cocaine Seized in the Port of Gioia Tauro
Reggio Calabria
If placed on the market it would have generated over 187 million euros
In 2024, the economic results of Interporto Padova reached record values
Padua
Revenues up +17%
Three ceremonies at the Saint-Nazaire shipyard for three new MSC Cruises ships
Geneva
New flagship "MSC World America" delivered
German railway company DB Cargo reduced losses in 2024
Berlin
Revenues down again. -9.0% drop in freight volumes
NovaAlgoma orders second 38,000 dwt cement carrier in China
Lugano
It will be taken over in 2027
Customs agreement between Italy and Brazil to facilitate trade
Brasilia
Mission of the Customs and Monopolies Agency in the South American nation
A team from La Spezia Container Terminal in Rotterdam to test advanced technologies
The Spice
ECT Hutchinson Ports Training Center Visited
The assembly of Genoese freight forwarders on Monday
Genoa
It will be held at the Palazzo della Borsa in Genoa
Assarmatori, in Italy the ferry segment cannot bear the burden of the EU ETS in a very fragile market situation
Brussels
Messina: Protecting shipping from the ideological excesses of the Green Deal
The website of the Port Authority Corps - Coast Guard has been renewed
Rome
It has become a single digital access point to documents and services
In 2024, inland waterway freight transport in Germany increased by +1.2%
Wiesbaden
The volume, at 173.8 million tonnes, is the second lowest since 1990.
APM Terminals Granted Port of New York - New Jersey Concession Renewal
New York
Contract for a period of 33 years. Investments of 500 million dollars are expected
Experimentation of crane automation has begun at the Interporto Padova terminal
Padua
The interport company awarded the "Industria Felix 2025 Award"
Container traffic in the port of Algeciras fell by -17.0% in February
Algeciras
Both import-export volumes and transhipment are decreasing
New cruise company Crescent Seas has been founded in Miami
Miami
The fleet, initially consisting of one ship from Regent Seven Seas Cruises, will grow to five units within the next five years
In 2024, the volume of vehicles transported by Wallenius Wilhelmsen's fleet decreased by -9.7%
Oslo
Traffic down on almost all global routes
Agreement between Assoporti and Assologistica and the Florida trade, transport and port authorities
Rome
It was signed today
In April a mission in Albania of The International Propeller Clubs - Italy
Genoa
It will take place on the 9th and 10th in Tirana and Durres
COSCO Shipping Ports revenues rose to a record $1.5 billion in 2024 (+3.3%)
Hong Kong
In the fourth quarter alone, a decrease of -3.0%
SO.RI.MA. (FHP group) granted a concession of an area of 125 thousand square meters in the port of Chioggia
Venice
Investments of 11.5 million euros expected over 25 years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The public meeting of the Italian Port Terminal Operators Association will be held in Rome on June 19th
Genoa
The annual conference "Programming, Operation and Management of Transport Networks" in Genoa
Genoa
It is dedicated to the transport and mobility sector
››› Meetings File
PRESS REVIEW
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
Govt. to woo top ten shipping liners in world for Colombo port expansion
(Daily Mirror)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Contship Italia’s intermodal network has been extended to the Gulf Terminal in La Spezia
Melzo
Connections with the inland terminals of Milan, Modena and Padua
Container traffic in the port of Valencia grew by +15.2% last month
Valencia
The overall volume of goods handled increased by +6.8%
The Northern Tyrrhenian Sea Port Authority obtains gender equality certification
Leghorn
It is the first Italian port authority to obtain this recognition
Container traffic growth weakens at ports of Los Angeles and Long Beach
Los Angeles/Long Beach
Last month, increases of +2.6% and +13.4% respectively were recorded
Assarmatori, the Italian government's position on the impact of the EU ETS on shipping and ports is good
Rome
Messina: fully understood the risks and distortions of European climate regulation
PSA Italy's Genoa port terminals awarded anti-corruption certification
Genoa
The UNI EN ISO 37001 standard defines the requirements for an effective anti-corruption management system
Assiterminal presents three projects for the sustainable transition of the Italian port sector
Rome
Work completed on docks 33 and 34 of the port of Civitavecchia
Civitavecchia
50,000 square meters of yards prepared
The completion and doubling of the Pontremolese is the dream-nightmare of the La Spezia port community
The Spice
Fontana: Money is not found when enormous resources are channeled into railway lines of dubious utility
Hanwha acquires 9.9% stake in shipbuilding company Austal
Sydney
Investment worth approximately 116 million US dollars
The European fleet is growing but competing fleets are growing at a faster rate
Brussels
Raptis (European Shipowners): investing ETS revenues in clean shipping technologies and fuels
Trasportounito has confirmed the national halt to the transport of goods
Rome
Proclaimed for the duration of five days from March 31st to April 4th
Container traffic in Hong Kong port increased by +9.1% in February
Hong Kong
However, for the second time in the last 25 years, cargo volume was below one million TEU.
Cargo traffic in Greek ports stable in Q3 2024
Piraeus
The increase in volumes transported on domestic routes has offset the decline in traffic with foreign countries
At the Vado Ligure container terminal a 21,000 teu container ship fully loaded
I go to Liguria
The 400-meter-long Cosco Shipping Nebula has landed
UIR proposes a permanent table for the development of intermodality
Verona
The main task is to build a project financing program.
Restructuring plan approved for Spanish company Armas Trasmediterránea
Las Palmas de Gran Canaria
Creditors' appeal rejected
The decline in cargo traffic at the port of Singapore worsened in February
Singapore
Containerized cargoes amounted to 27.4 million tons (-3.6%)
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