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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
The liner shipping industry contributes substantially to the U.S. economy.
Washington
This is highlighted by an analysis carried out by S&P Global Market Intelligence on behalf of WSC and PMSA
Toll worsens from explosion in Iranian port of Shahid Rajaee
Tehran
It caused 46 deaths and injured over 1,200 people
Tender for concession of container terminal at Ukrainian port of Chornomorsk to be announced by mid-year
Kiev
The management will include the general cargo terminal
CEVA Logistics (CMA CGM group) will buy the Turkish Borusan Lojistik
Istanbul/Marseille
Wärtsilä's first quarter is positive
Helsinki
New orders value growth slows
ESPO: The EU Parliament's Budget Committee's request for more funding for transport, energy and infrastructure is welcome
Brussels
The importance of financing TEN-T networks to enable their adaptation for both military and civilian dual-use purposes was highlighted
Solidarity contribution for the families of port workers who are victims of accidents at work
Rome
It was established by the National Bilateral Port Authority
Bureau Veritas Marine & Offshore Division Reports Record Quarterly Revenue
Neuilly-sur-Seine
New historical peak also for the classified fleet
PSA reportedly considering selling its 20% stake in Hutchison Ports
Singapore
This is according to "Reuters", which had already floated this hypothesis at the end of 2022
Federagenti, Italy must give a sharp acceleration to the projects of ZES, free zones and Special Logistics Zones
Rome
Pessina: There is no space for reflections prey to bureaucracy
In the first quarter of this year, freight traffic in the port of Rotterdam decreased by -5.8%.
Rotterdam
Both disembarkation (-3.1%) and embarkation (-11.9%) loads are decreasing
Increase in container cargo is not enough for the port of Antwerp-Bruges to avoid a -4.0% decline in quarterly traffic
Antwerp
The decline in liquid bulk cargoes worsened (-19.1%)
The China Shipowners' Association considers the measures taken by the US against Chinese ships a typical example of unilateralism and protectionism
Beijing/Washington
The WSC reiterates that such measures could undermine American trade, harm U.S. manufacturers, and undermine efforts to strengthen the nation's maritime industry.
COSCO Expresses Strong Opposition to US Planned Taxes on Chinese Ships
Growing share of new entrants in European rail transport sector
Madrid
In 2023, rail freight transport performance decreased by -8%
New Chinese Ship Taxes That Will Only Raise Prices for Americans
Washington
The executive vice president of the US Chamber of Commerce denounced it
Tax amounts set for China-linked vessels arriving at US ports
Washington
Calculated on the basis of net capacity or container volume, they will be applied from October and will be progressively increased
International tender launched to award concession for new Casablanca port shipyard
Casablanca
It is the largest in Africa and has been unused since 2019
Federlogistica, the industry must stop approaching logistics only in terms of costs
Genoa
Falteri: a national control room composed of representatives of the logistics sector and industrial groups is necessary
ABB closes positive first quarter even if revenue growth is lower than expected
Zurich
Wierod: Our consolidated local-for-local approach protects us from the trade war
New global minimum wage deal for seafarers
Geneva
The level will rise to $690 from January 1, 2026 to reach $704 from 2027 and $715 from 2028.
Global trade in goods could fall by -1.5% this year
Geneva
WTO predicts. Okonjo-Iweala: Persistent uncertainty threatens to slow global growth, with serious negative consequences for the world
In 2023, around two-thirds of all goods moved in the EU were transported by sea.
Luxembourg
In the period 2013-2023, only the share of road transport increased, while that of other modes decreased.
Postal shipments of goods from Hong Kong to the US suspended
Hong Kong
Hongkong Post faces exorbitant and unreasonable tariffs due to unjustified and intimidating actions of the United States
Confitarma highlights the need for the decarbonisation strategy not to penalise shipping compared to other modes
Rome
Zanetti: also ensure that the implementation process takes into account the operational needs of the industry
Intercargo and Intertanko raise concerns over shipping decarbonisation deal
London
The complexity of the measure adopted by the IMO and the unusual procedure from which non-governmental organizations were excluded were highlighted
Pirate attacks on ships to spike in first quarter of 2025
Pirate attacks on ships to spike in first quarter of 2025
London
Sharp increase in incidents in the Singapore Straits
Interferry welcomes IMO agreement on decarbonisation of shipping, but finds strategy too complex
Victoria/Piraeus
Greek Shipowners' Association disappointed by failure to recognise essential role of transition fuels such as LNG
International Labour Organization Recognizes Seafarers as Key Workers
London
ITF and ICS: a historic moment
CMA CGM to acquire 35% of Egypt's October Dry Port
Cairo
The company operates a dry port in the industrial and logistics zone near Cairo
MSC Group's TiL to Take Full Control of Hutchison Ports Terminals
New York
Bloomberg reports this, specifying that the Panamanian terminals would be jointly managed with BlackRock
Draft regulation on decarbonisation of shipping approved by MEPC includes mandatory fuel standard and pricing of greenhouse gas emissions
London/Washington/Brussels
The establishment of a Fund to collect resources deriving from the pricing of emissions is foreseen
Task force of five associations for the relaunch of Italian rail cargo
Rome
Initiative by Agens, Assoferr, Assologistica, Fercargo and Fermerci
MIT indicates Matteo Paroli as new president of the ports of Genoa and Savona-Vado
Rome/La Spezia
The La Spezia port community also requests a name for the Eastern Liguria Port Authority
Le Aziende informano
Il retrofit ibrido-elettrico di ABB guida i traghetti dei laghi italiani verso un futuro più sostenibile
Confitarma underlines the importance of the shipping decarbonisation strategy being defined at IMO
Rome
The Italian Confederation specifies that it shares some of the USA's concerns
WSC Reiterates Trump's Measures for National Maritime Industry Are Bad for U.S. Economy
Washington
Kramek: Ready to support the administration with constructive proposals
Fincantieri and Accenture establish joint venture Fincantieri Ingenium
Trieste/Milan
The aim is to drive the digital transformation of the ship product and port logistics
Meyer Werft has delivered the new luxury cruise ship Asuka III to NYK Cruises
Papenburg/Emden
It has a capacity of 744 passengers and 470 crew members
As Trump formalizes measures to revitalize America's maritime industry, the nation's ports face a dramatic decline in traffic
Washington/Geneva
Okonjo-Iweala (WTO): With the escalation of trade tensions between the US and China, the exchange of goods between the two economies could decrease up to 80%
CK Hutchison denies allegations of breach of concession contract for Panamanian ports of Cristóbal and Balboa
Panama
Panama Ports Company emphasizes that it has complied with all legal obligations and contractual commitments
US Does Not Participate in IMO Negotiations on Shipping Decarbonization, Threatens Reciprocal Measures
London
Expressed opposition to any attempt to impose economic measures on ships based on greenhouse gas emissions or fuel choice
T&E urges MEPC to agree clear and ambitious measures to decarbonise shipping
Brussels
It is necessary - the association underlines - to set binding objectives
Meyer Yachts will build an ultra-luxury residential mega yacht for Ulyssia Residences
Miami
The ship will be 320 meters long and will be built at the Papenburg shipyard
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Neapolitan Grimaldi Group wins $1.3 billion order for nine ro-pax ships
Helsinki/Naples
Order at China Merchants Jinling Shipyard (Weihai)
Viking orders two cruise ships from Fincantieri with option for two additional units
Los Angeles/Trieste
The two ships under construction in Ancona for the American brand will be the first in the world to be powered by hydrogen stored on board
Antonio Ranieri is the new maritime director of Liguria
Genoa
He takes over from Admiral Piero Pellizzari who was discharged from the service upon reaching the age limit
In the first quarter of 2025, China's CIMC recorded a 12.7% increase in container sales
Hong Kong
Revenues grew by +11.0%
Last year, the revenues of the Chinese group CMPort increased by +3.1%
Hong Kong
In the first three months of 2025, port terminals handled 36.4 million containers (+5.6%)
The financial statements of the AdSP of Western Liguria and the Central-Northern Tyrrhenian Sea have been approved
Genoa/Civitavecchia
Konecranes revenues increased by +7.7% in the first three months of 2025
Helsinki
343 million euros of new orders for port vehicles (+37.5%)
Kuehne+Nagel posts first quarter of growth
Schindellegi
The logistics group's net sales amounted to 6.33 billion Swiss francs (+14.9%)
Application by TDT (Grimaldi group) for the construction and management of 50% of the Terminal Darsena Europa in Livorno
Leghorn
The company has requested an extension of the duration of the current concession
In 2024, 58 million invested in the modernization of the ports of Livorno, Piombino and the island of Elba
Leghorn
The final budget and the annual report of the AdSP have been approved
EIB advice to strengthen climate resilience of the ports of Volos, Alexandroupolis and Patras
Luxembourg
It will assist port authorities in identifying and managing climate risks
In the first quarter the port of Valencia handled 1.3 million containers (+3.4%)
Valencia
Transhipment traffic decline
The Management Committee of the Central Tyrrhenian Sea Port Authority has unanimously approved the 2024 financial statement
Naples
SOS LOGistica will acquire the qualification of Third Sector Entity
Milan
The association currently has 74 members
In the first three months of 2025, freight traffic in the ports of Barcelona and Algeciras decreased
Barcelona/Algeciras
Hupac transfers intermodal service with Padua to Novara
Noise
Until now the other terminal was the one in Busto Arsizio
PSA SECH has operated the first 400-meter train at Parco Ferroviario Rugna
Genoa
Capacity up to 20 pairs of trains per day
The 2024 financial statement of the Eastern Liguria Port Authority was unanimously approved
The Spice
The war clearance preparatory to the expansion of the Ravano Terminal in La Spezia is nearing completion
The Spice
The AdSP has invested over 600 thousand euros in it
Francesco Rizzo appointed president of the AdSP of the Strait
Rome
He has repeatedly denounced the uselessness of the construction of the bridge over the Strait
US aircraft attack Yemeni port of Ras Isa
Tampa/Beirut
38 dead and over a hundred injured
In 2025 Stazioni Marittime predicts an increase in ferry and cruise traffic in the port of Genoa
MIT Mobility Report Highlights Rising Demand for Both Passengers and Freight
Rome
In the first quarter, cargo traffic in Russian ports decreased by -5.6%
St. Petersburg
Both dry goods (-5.3%) and liquid bulk (-5.8%) are decreasing
Andrea Giachero confirmed as president of Spediporto
Genoa
The board of directors of the association of Genoese freight forwarders has also been renewed for the three-year period 2025-2028
Study for monitoring vehicular traffic in the ports of Venice and Chioggia
Milan
Order awarded to Circle and Arelogik
In Italy, the rail freight transport sector is in deep trouble
Geneva
Fermerci calls for making traffic incentives structural and increasing and for refinancing the incentive for the purchase of locomotives and wagons
Global Maritime Forum report on optimising ship calls to reduce emissions
Copenhagen
Virtual arrival and just-in-time arrival approaches proposed
In the first quarter of this year, container traffic in the port of Gioia Tauro grew by +15.5%
Joy Taurus
Construction of the "Dockworker’s House" has begun
GNV has taken delivery of the second of four new ro-pax vessels in China
Genoa
"GNV Orion" will be able to accommodate 1,700 passengers and transport up to 3,080 linear metres of cargo
After ten quarters of decline, container traffic in the port of Hong Kong returns to growth
Hong Kong
In the first three months of this year 3.39 million TEUs were handled (+2.1%)
Fincantieri acquires stake in WSense
Rome
The ninth FREMM unit "Spartaco Schergat" delivered to the Italian Navy
The new edition of the Practical Manual of Maritime Traffic has been presented
Genoa
Written by Assagenti, it turns fifty
Container traffic at the ports of Long Beach and Los Angeles increased by 26.6% and 5.2% in the first quarter
Long Beach/Los Angeles
Trump's tariffs impact imminent
In the first three months of 2025, the port of Singapore handled 10.5 million containers (+5.8%)
Singapore
In weight, containerized traffic recorded a decrease of -1.4%
Regulations signed for LNG bunkering at Fincantieri shipyard in Genoa
Genoa
Define the methods of transferring fuel from ship to ship
Historic shipbuilding brands Uljanik and 3.Maj on the verge of extinction
Zagreb
The State confirms its intention to sell the shipbuilding activities at the two sites of Pula and Rijeka
Cambiaso Risso has completed the acquisition of the French Somecassur
Genoa
The transalpine company specializes in the insurance of super and mega yachts
New weekly train service between the port of Gioia Tauro and Verona
Joy Taurus/Verona
Operated by Medlog for the transport of refrigerated goods
EBRD looking for strategic partner for development of Moldovan river port of Giurgiulesti
London
International competition launched
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Turkish ports set new first-quarter cargo traffic record
Ankara
Historic peak of cargo imported from abroad
In the first quarter of 2025, freight traffic in the port of Taranto grew by +37.6%
Taranto
Increase of 854 thousand tons of solid bulk and 265 thousand tons of conventional goods
DEME buys Havfram, a company that installs offshore wind farms
Second Right/Washington
Transaction worth approximately 900 million euros
Rail transport of convoys for Rome Metro started from Reggio Calabria
Rome
Contract awarded by Hitachi Rail to Mercitalia Rail
In 2024, the volumes handled by Magli Intermodal Service decreased by -2%
Rezzato
Turnover stable
Yang Ming records first decline in turnover in March after 14 months of growth
Keelung/Taipei
Evergreen and WHL revenue growth continues
The European Commission has approved the acquisition of Germany's Schenker by Denmark's DSV
Brussels
The impact on competition in the markets in which the two companies operate is considered limited
Fincantieri - Kayo Agreement to Promote the Development of the Shipbuilding and Naval Industry in Albania
Trieste
Possible creation of a hub for shipbuilding and refitting in the region
Recent slight reduction in logistics costs for new factory vehicles
Brussels
Montaresi (AdSP Liguria Orientale) awarded with the "Port Oscar"
Miami
The event has reached its eighteenth edition
In the first three months of 2025, containers carried by OOCL vessels increased by +9.3%
Hong Kong
Revenues up +16.8%
The AdSP of the Southern Tyrrhenian and Ionian Seas wins in appeal against Zen Yacht
Joy Taurus
Company ordered to pay back rent
A large shipment of cocaine was seized in the port of Livorno
Leghorn
Two tons of drugs identified by Customs and Financial Police personnel
Navantia renews agreement with American cruise group Royal Caribbean
Miami
To date, the Cadiz shipyard has carried out maintenance, repair and refurbishment work on 45 of the group's ships.
Record cruise traffic expected in Italian ports this year
Miami
Cemar believes that growth will not stop even in 2026
HII-HHI Agreement to Accelerate US and South Korean Naval Production
National Harbor
The aim is to strengthen the naval industrial base of the two nations.
Panama Ports Company Accused of Violating Terms of Concession Agreement
Panama
Panama's Auditor General announced the filing of criminal charges
Colombo West International Terminal has become operational
Ahmedabad
It has a traffic capacity of 3.2 million TEUs
The conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
The new multifunctional border control structure PCF - PED/PDI Point completed in the port of Gioia Tauro
Joy Taurus
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
MSC Group's new cruise terminal inaugurated in Miami
Miami
It can accommodate three large ships at the same time
In February, traffic in the port of Ravenna increased by +2.1%
Ravenna
Bulk cargo increases, miscellaneous cargo declines
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
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 conference "New sustainable marine fuels - Decarbonize Shipping" will be held in Genoa on Monday
Genoa
It will take place at the headquarters of the Port Authority of Genoa
"Artificial Intelligence Comes to Port" Conference in Rome on Friday
Rome
It is promoted by the National Union of Port Enterprises
››› Meetings File
PRESS REVIEW
Proposed 30% increase for port tariffs to be in phases, says Loke
(Free Malaysia Today)
Damen Mangalia Unionists Protest Friday Against Possible Closure
(The Romania Journal)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
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
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
Francesco Beltrano is the new general secretary of Uniport
Rome
He takes over from Paolo Ferrandino, who will continue to collaborate as a consultant
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
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