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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
LNG Ships and Taxonomy: EU Court Rejects Lack of Methane Limits
The Commission will have to set a methane emissions threshold for maritime transport criteria. The appeal by three NGOs was partially upheld.
Ports: The EU Commission calls on Italy to reject the national flag requirement for towing and mooring.
Brussels
France and Spain also received a reasoned opinion: two months to comply with the regulation on port services.
Another ship attacked in the Strait of Hormuz
Southampton/Tehran
Iran faces a shortage of basic goods, which are also imported through the Persian Gulf.
European Corridors: Italy Faces the 2030 Challenge
Brussels
National infrastructure largely compliant, but timing and funding of key projects remain uncertain
Electrification of ports and airports: the electricity grid is the new bottleneck
Brussels
Transport & Environment calls for speeding up connections and moving beyond the "first come, first served" criterion.
Boluda manages the multipurpose terminal at the Príncep d'Espanya pier in the port of Barcelona
Barcelona
The concession contract will have a duration of 16 years
The current value of Aeroporto di Genova Spa is between 14.9 and 15.9 million euros.
Genoa
PwC's assessment presented
FEPORT: EU ETS should not push transhipment out of Europe
Brussels
The terminal operators' federation calls on the ENVI commission to strengthen measures against tax evasion and to allocate part of the ETS revenues to ports.
New series of attacks on ships in the Strait of Hormuz
Southampton/Tehran/Tampa
Three tankers hit by shells. Another vessel caught fire.
Eurokai, higher revenues but lower profits
Eurokai, higher revenues but lower profits
Hamburg
Revenue up 14.4% and traffic up 8.3%, but net profit fell by 8.3% due to the lower share of Eurogate.
Genoa's boarding tax: the Regional Administrative Court rules in favor of the City Council.
Genoa
The appeal of shipowners and shipping agents was rejected
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Carnival reports record revenues and profits in the June-August quarter despite a 36% increase in fuel costs.
Miami
Customer deposits are at their highest. Prices and occupancy are expected to record next year.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Winners and losers in port connectivity: the long journey of Italian ports' ups and downs.
Geneva
UNCTAD indices reveal a changing Mediterranean: Italy slips to seventh place, La Spezia, Trieste and Vado Ligure grow, while the South loses ground.
Electric trucks more affordable than diesel in six major EU markets
Brussels
According to T&E, in countries that account for 46% of European sales, electric vehicles have already become cheaper in five years. Italy, Spain, and Poland are lagging behind.
AP Moller Capital to acquire majority stake in Euroports
Copenhagen/Antwerp
R-Logitech will exit the capital, while PMV and SFPIM will remain shareholders
China, exports are growing but ports are slowing down
Beijing
In August, global foreign trade increased by +19.8%, but international goods handled by seaports decreased by -2.3%.
From Puertos del Estado to Ports of Italy: the same inspiration, an opposite outcome.
Genoa
For port reform, the government is referring to the Spanish model, but is building the exact opposite: yet another counter that the Italian corporate spirit knows how to invent so well.
Maritime ETS: Brussels opens up to hybrid and electric ferries, but Interferry demands more.
Brussels
The proposed revision strengthens the SMAP mechanism but leaves the issue of port networks and infrastructure to AFIR and FuelEU Maritime
Seafarer killed aboard bulk carrier attacked in the Strait of Hormuz
New Delhi/Southampton/Tehran
The other crew members were rescued.
Freight traffic in the ports of Genoa and Savona-Vado continues to oscillate between signs of recovery and slowdown
Genoa
In July, volumes increased in both Ligurian ports
Trasportounito offers an automatic system to adjust road haulage rates to the price of diesel.
Rome
Seafarers, five years after the Code of Conduct, the gap between policy and reality remains.
London
Shipping companies' compliance is growing, but issues remain regarding fatigue, psychological safety, complaints and recruitment fees.
Last month, ship traffic in the Suez Canal increased by +26.9%
Ismailia
In the first eight months of 2026, it was crossed by 9,602 ships (+17.4%)
Decision on crucial rail section of Scandinavian-Mediterranean Corridor in Germany postponed again
Hamburg
German port operators are calling for an acceleration of both new infrastructure and the upgrading of the existing line.
Kuehne+Nagel agrees to long-term strategic partnership with Amazon
Schindellegi
The agreement includes a call option on existing shares of the logistics group
MSC in talks to acquire German shipbuilding group Meyer Werft
New York
Currently, 80.73% of the capital is held by the German Federal Government and the State of Lower Saxony.
Trafigura creates a new shipping company dedicated to oil transport
Geneva
Initially Volare Shipping has a fleet of six VLCCs plus eight under construction
Shipowners are calling on EU member states to approve the inclusion of two Indian shipyards in the European list of ship recycling facilities.
Brussels
The new headquarters of the Italian Merchant Marine Academy has been inaugurated in Genoa.
Genoa
French ports see a balance between increases and decreases in the second quarter.
Paris
Total traffic reached 71.1 million tons (-0.2%). Containers increased by 8.1%.
The Genoa Port Master Plan, the Pra' dock, and the Multedo chemical depots are the thorniest issues in the discussions with operators and the local community.
Genoa
Crosetto: The Italian Navy will ensure the safe transit of Italian ships through the Strait of Bab el-Mandeb.
La Spezia
We have - the Minister of Defense underlined - the capabilities to protect its passage
Assiterminal: Seabed certainty and planned dredging are essential for port competitiveness.
Genoa
Mordeglia: We don't just need a simpler rule, we need a predictable one.
Germany is reforming VAT to make its ports more competitive.
Hamburg
The Conference of Finance Ministers approves the compensation model that should eliminate the pre-financing of the tax from 2030
Saudi Arabia denounces that the Houthis are pursuing a policy aimed at "strangling the Straits", holding the international community hostage
New York
The UN Security Council is divided between condemnations and calls for negotiations.
WTO: A reform of the trading system could increase global GDP by 3% by 2050
Geneva
The World Trade Report 2026 warns of the costs of fragmentation: up to 7% less global GDP in a world dominated by free trade agreements
One in ten containers is not up to standard
Washington
WSC publishes 2025 inspection data: out of 93,079 units inspected in seven countries, 9,645 had deficiencies
The World Shipping Council (WSC), the international association representing the world's leading container shipowners, has urged member states...
Maersk and Hapag-Lloyd to bring back four services on the Suez Canal route
Copenhagen/Hamburg
The lines connect Asia with Europe/Mediterranean
Neri and Nova Marine Carriers Groups to Control Calata Orlando Terminal
Lugano
The Livorno terminal will be the subject of a significant investment
Cavotec and EVIAS sign agreement for charging electric port vehicles on the move.
Stockholm
The Swedish company becomes the exclusive distributor and installer for the port sector of the French company's technologies
Hapag-Lloyd signs agreement with DP World to secure terminal capacity in Africa
Hamburg
The agreement concerns the ports of Dakar, Luanda, Dar es Salaam, Banana and Maputo
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
Tanker attacked in Hormuz
Southampton
The unit continued its navigation regularly
FS Logistix and Interporto Bologna presented the first Italian experimental DAC train
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
Sanilog launches a special cancer prevention campaign.
Rome
Three new areas dedicated to the prevention of head and neck and oral cavity cancers and the assessment of vascular risk
Contract awarded for dredging and completion of the electrification of the docks at the port of Gioia Tauro.
Gioia Tauro
They will be carried out respectively by Dravo and RTI Saet-Suardi
Student Naval Architect Award Awarded in Genoa
Genoa
The d'Amico Group and the Royal Institution of Naval Architects recognize excellence in naval engineering.
Freight transport is more expensive for Malta: €35 million per year between ETS, FuelEU and BAF
Zebbug
The hauliers' association calls on the government to challenge a European policy designed for the continent.
CMA CGM has finalized the acquisition of FedEx Supply Chain.
Marseille/Atlanta
With the transaction, CEVA Logistics' presence in North America has tripled.
Contships to order 10 feeder vessels with options for a further 10+10
Athens
Letter of intent with China's Hubei Guangji Green Energy Shipbuilding Group Co.
DP World signs agreement to develop deepwater port in Nigeria's Ogun State.
Dubai
The project includes approximately four kilometers of docks
New port regulations for Civitavecchia, Fiumicino, and Gaeta have been approved.
Civitavecchia
The procedural agreement with Interminal in Gaeta has been approved.
Kotug Acquires Majority Stake in Vortex Offshore
Rotterdam
The Dubai-based company provides maritime services to the offshore industry in the Middle East.
Over €1.9 billion in Spain to improve road and rail connections between ports
Madrid
Port authorities will contribute 875.1 million euros
Attica Holdings sold the ro-pax vessel Levka Ori for €8.3 million.
Kallithea
The ferry was built in 1987
DFDS's Trieste-Damietta ro-ro service will become bi-weekly in mid-October
Copenhagen
Inserting a second vessel into the route
The Italian Merchant Marine Academy increases cooperation with the Port of Durres.
Genoa
A memorandum of understanding has been signed
A volume on the history of the Tuscan port system will be presented in Livorno on Friday.
Livorno
A comparison of the key players in the port sector: from the reforms of the 1990s to the challenges of the future.
Suardiaz takes delivery of a 5,000-car LNG-powered car carrier
Madrid
A second PCTC vessel is expected in mid-2027
Hapag-Lloyd raises its 2026 outlook further
Hamburg
Strong demand and rising spot freight rates are pushing the company to significantly increase its EBITDA and EBIT forecasts.
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
Pilot project for the production and use of green hydrogen at the port of Savona
Savona
Paroli (Western Ligurian Port Authority): a port area has been identified for work.
Tarros and Nurminen Logistics launch new Scandinavian-Mediterranean intermodal service
La Spezia/Helsinki
The land route connects Örebro, Parma and La Spezia
The first caisson of the breakwater protecting the regasification plant off the coast of Ravenna has been laid.
Ravenna
The maritime work will be approximately 900 metres long
Fincantieri and PT PAL sign agreement for the modernization of an Indonesian Navy vessel
Trieste
This is the "Kri Sriwijaya" unit (formerly "Giuseppe Garibaldi")
In Italy, the blue economy is worth 225 billion, and the nautical industry alone exceeds 10 billion in exports.
Rome
SACE's Focus On presented at the Genoa Boat Show
Fire aboard the Blue Star Ferries ro-ro vessel Blue Carrier 2
Kallithea
The 29 people on board were evacuated
Costs and timescales for the reconstruction of the four US Navy shipyards are rising exponentially.
Washington
If in 2018 21 billion dollars and 20 years of work were expected, today the estimate is 200 billion and at least 50 years.
Shipping faces its triple challenge: decarbonization, geopolitics, and the new geography of the automotive industry.
Chaff
At the Euromed Convention in Grimaldi, the sector is dealing with new environmental regulations, increasingly exposed routes and the shift of automotive production towards Southeast Asia.
Orizzonte Sistemi Navali signs a €3.7 billion contract for two destroyers
Trieste
The "Domenico Millelire" PPA has been delivered to the Navy.
Livorno: The Supreme Court of Cassation overturns the convictions in the Darsena Toscana docks affair.
Rome
The appeal ruling overturned the court's acquittal and convicted three defendants of ideological forgery.
The Port of Rijeka expects to close 2026 with a record container traffic of 800,000 TEUs.
River
With the new terminal on the island of Krk, traffic could rise to 1.7 million TEUs
Offshore wind energy funding: Pichetto reassures Taranto, but Taranto demands certainty.
Taranto
The 2026 funding for the Apulian port drops to €13.9 million. Gugliotti hopes for a formal confirmation of the remaining resources in 2027.
Port reform: The majority pushes ahead with Porti d'Italia SpA
Rome
The Chamber's Transport Committee rejects the opposition's suppressive amendments.
Gela's Porto Rifugio has received a favorable opinion for dredging the port's waters.
Palermo
Greenbrier Europe to produce NIK transshipment system for TX Logistik
Troisdorf/Berlin
Allows rapid loading of non-craneable semi-trailers onto trains
Maersk opens its own logistics center in the heart of Germany
Herleshausen
Located in Herleshausen, it has a surface area of 71,800 square meters
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
South Korea's HJ Shipbuilding & Construction Co. wins orders for four new 10,100 TEU containerships
Busan
The contract has a total value of approximately 500 million dollars.
Democratic Party: The government's port reform paves the way for privatization of Italian ports.
Rome
Ghio and Misiani: it also takes resources and skills away from the territories
Port self-production: The Council of State denies the segmentability of the authorization pursuant to Article 16, paragraph 3.
Rome
Cartour's "partial" authorization in the port of Salerno has been suspended.
Port of Miami closes fiscal 2026 with record cruise traffic
Miami
The threshold of ten million passengers has been exceeded, compared to 8.56 million in the previous financial year.
The Grimaldi Group has taken delivery of the new pure car and truck carrier Grande Egitto.
Naples
Its load capacity reaches 9,800 ceu
Port reform will be discussed in Genoa on October 2nd.
Genoa
Workshop organized by the AdSP and the Altero Matteoli association
Fratelli Cosulich strengthens its logistics network with the opening of Express Global Dubai
Dubai
Teresa Cosulich will be responsible for the new logistics office.
"A Sea of Switzerland" will be held in Lugano on October 9th
Lugano
Ninth edition of the International Forum on Transport and Infrastructure
Brullo Group orders three 40,800-ton deadweight oil/chemical tanker vessels
Rome
Order to the Chinese shipyard Anhui Shipyard
New attack on a ship in the Strait of Hormuz
Southampton
A bullet caused minor injuries to two crew members
A new megayacht production, maintenance, and storage hub opens in Trieste.
Trieste
Trieste Shipyards was founded by Seadock (Samer group) and Yachting Expertise and is owned by Friulia
Confitarma applauds the government's initiative to protect Italian ships in the Red Sea.
Rome
Zanetti: Maritime security is, in effect, a component of national economic security
Unions approve the platform for the single collective bargaining agreement for the shipping industry.
Rome
Filt, Fit and Uilt, is structured around three central elements such as salary, protection, participation and thirteen concrete requests
FHP Intermodal is increasing the frequency of its freight rail service between Fiorenzuola and Incoronata/Bari.
Milan
It goes up to five days a week
This year over 2,000 large yachts operated along the Italian coasts
Rome
Plus 10% for owned boats and a substantially stable trend for chartered ones
The event "Cyber-resilience in the maritime sector: defense, regulations, and European cooperation" will be held in Rome on Tuesday.
Rome
It is organized by Var Group and Confitarma
Smeup, with the acquisition of HTG, expands its portfolio in the logistics and transport sector
Erbusco
The Turin-based company specializes in the development of proprietary software
Saudi Arabian ports: Liquid bulk throughput to decline sharply in 2025
Riyadh
Total traffic fell to 298.3 million tonnes (-10.9%)
A delegation from the Lithuanian port of Klaipeda visited the port of Livorno
Livorno
In-depth comparison of their respective infrastructure development plans
New OOCL service between the Western Mediterranean and Canada
Hong Kong
Collaboration with Ocean Alliance companies and other carriers
The port's future is at the center of the event celebrating the 80th anniversary of Assosped Venezia and Asamar Veneto.
Venice
A conference on Friday will be the highlight of the festival
Increase in port workers at the ports of Monfalcone and Milazzo
Rome
Green light from the General Directorate for Ports, Logistics and Intermodality of the Ministry of the Interior.
Cargo traffic in Greek ports is sharply declining
Piraeus
Stagnation in passenger numbers
Mercitalia Shunting & Terminal has purchased eight Eurolight Dual bimodal locomotives
Rome
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
Assologistica event to discuss the Mediterranean strategy for Italian competitiveness
Rome
It will be held next October 30th in Naples
UNIPORT's public meeting will be held in Rome on October 6th.
Rome
Debate on port reform and other relevant aspects of the sector
››› Meetings File
PRESS REVIEW
Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave
(South China Morning Post)
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Container traffic in the port of Hong Kong grew by 22.1% last month.
Hong Kong
Total for the first eight months of 2026 unchanged
AGV Expo, a new European trade fair dedicated to self-guided vehicles, will be held in Piacenza next month.
Genoa
The event will also host a rich program of conferences
Massive transnational fraud discovered in the road haulage sector
Chieti
Illegal employment of non-EU workers
Cargo traffic at the port of Singapore decreased by -4.9% in August
Singapore
In the first eight months of 2026, the port handled 30.7 million containers (+4.2%)
Cochin Shipyard and Drydocks World to jointly develop new international ship repair center in Cochin
Mumbai
An Iranian merchant ship was hit in the Strait of Hormuz
Tehran/Southampton
One sailor died and four other crew members were injured.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
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