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Independent journal on economy and transport policy
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BRIEFS
September 28, 2011
The Business Timesweb site
Shipping News
  • PE funds, bonds seen driving shipping finance
    Global shipping firms must look to private equity funds and corporate bond markets to obtain capital to expand their operations as traditional bank financing dries up in the West, industry executives said yesterday.
  • Increased iron ore supplies won't help shipowner losses
    Shipowners may face losses until 2015 even with mining companies poised to increase global iron ore supplies by almost as much as China imports in a year.
Strait Talk
  • Strange and difficult times
    OVER-ORDERING of ships of almost all types has trashed freight rates and put the future of a significant number of owners in jeopardy, as well as raising the spectre of a return to large-scale lay-ups. Paradoxically, it appears to have also stimulated more ordering.

The Business Timesweb site
Shipping News
  • PE funds, bonds seen driving shipping finance
    Global shipping firms must look to private equity funds and corporate bond markets to obtain capital to expand their operations as traditional bank financing dries up in the West, industry executives said yesterday.
  • Increased iron ore supplies won't help shipowner losses
    Shipowners may face losses until 2015 even with mining companies poised to increase global iron ore supplies by almost as much as China imports in a year.
Strait Talk
  • Strange and difficult times
    OVER-ORDERING of ships of almost all types has trashed freight rates and put the future of a significant number of owners in jeopardy, as well as raising the spectre of a return to large-scale lay-ups. Paradoxically, it appears to have also stimulated more ordering.

Sched Netweb site
  • Transpacific rates plummet as demand dries up, capacity remains high
  • CKYH/PIL/WHL to scrap 2 transpacific strings, overhaul Vietnam-US service
  • Evergreen to invest US$15.6 billion in logistics facilities in Chongqing
  • APL to put PCE transpacific service on ice over the winter season
  • Iran's HDS Lines drops four ports from Asia-Mediterranean service
  • CMA CGM intra-Asia arm Cheng Lie adds Korea, China, Thailand to service
  • Nanchang port upgrades container terminal capacity, adding 4 berths
  • Savannah adds 45pc more reefer as US and China start chicken tariff war
  • US poultry associations fault China's reasons for imposing chicken tariffs
  • DHL Express announces 4.5pc general rate increase from January
  • Union Pacific to spend US$300 million to extend Nebraska-Iowa line
  • China Post sets up e-business base for online trading in Chongqing
  • Japan's Sendai Airport reopens global services after March tsunami
  • Qantas faces strike on Australia's busiest mass movement weekend of year
  • Chongqing airport express package centre soon to open for business

Exim Indiaweb site
  • "K" Line India to commence management of bulk carrier operations in India trade
  • Admissions open for Annamalai Varsity's logistics, shipping courses
  • NSB for bringing all ports under Centre's control
  • Pentagon International Freight Solutions thrives on efficiency & reliability
  • Risk assessment of Iraq for regional maritime industry
  • Anti-dumping duty imposed on morpholine imports from China, US & EU
  • Phase 1 of JN Port's 4th box terminal to be operational in 3 years
  • Concor's Chennai-Krishnapatnam port train service flagged off
  • Draft to amend SEZ Act in the offing: Khullar
  • Weakening rupee set to boost windfalls for exporters
  • EEPC India holds workshop on 'EPCG Scheme & Project Import'

International Transport Journalweb site
SEPTEMBER 27, 2011
  • Six lanes for Indian highway in Rajasthan and Gujarat
    The Indian cabinet committee on infrastructure has approved a project to develop six lanes on the Kishangarh-Udaipur-Ahmedabad section of the national highway in Rajasthan and Guja...
  • 4,500th Evolution series locomotive delivered
    GE Transportation, a leading US maker of rail and transportation products, announced that its 4,500th Evolution series locomotive has entered service. The Evolution series represen...
  • TransContainer increases business volume
    For the first half of 2011, TransContainer's IAS-based earnings increased by 39% on the same period of 2010 and came in at RUB 13.8 billion (about EUR 318 million). The positive tr...
  • Leyland Trucks celebrates 100,000th DAF LF
    Leyland Trucks, one of Britain's leading manufacturers, recently celebrated the production of its 100,000th DAF LF truck. The vehicle range is a premium lightweight truck ser...
  • Saudi Airlines Cargo to establish Europe-USA connection
    Saudi Airlines Cargo, the leading cargo carrier of Saudi Arabia, is expanding its main deck capacity to the USA out of Europe. The airline offers three B747 freighter flights per w...
  • Indonesia safety and infrastructure challenges
    Addressing issues in Indonesia was a priority for Tony Tyler during his first visit to Asia as the International Air Transport Association's (Iata) DG and CEO last week. While in J...
  • Boeing delivers first Dreamliner
    After yesterday's delivery celebrations at Boeing's Everett production site, launch customer All Nippon Airways (ANA) will proceed to the fly-away of the first commercial B787 Drea...
  • Ore carrier "Frontier Lodestar" delivered
    The "Frontier Lodestar", a new 180,000 dwt ore carrier built by Koyo Dockyard (Mihara city, Hiroshima prefecture), a member of the Imabari Shipbuilding Group, was deliver...
  • Building freeze for Weser deepening?
    The Lower Saxon and Bremen state branches of the Bund für Umwelt und Naturschutz Deutschland, a German association for the protection of the environment, have filed a lawsuit in a ...
  • Globe Express Services adds industry veterans in LA, Pacific
    Globe Express Services, a top 20 global logistics provider in the transpacific trade, is expanding its sales and operations team for the US Pacific region. Based in Globe's Torranc...
  • Duvenbeck expands in Hungary
    Duvenbeck, a logistics and transport group located in Bocholt (Germany), has established a logistics centre in Hungary's Kecskemét in the direct neighbourhood of a planned Daimler ...
  • Norway Post acquires Swedish logistics provider Intertranspedia
    Norway Post has strengthened its presence in neighbouring Sweden with the acquisition of a logistics business that will boost its cross-border transport between the Nordic countrie...
  • Ceva Logistics renews contract with Isuzu in Thailand
    Logistics and SCM specialist Ceva Logistics has renewed its partnership with Tri Petch Isuzu Sales for a further three years. Ceva's specialist vehicle logistics team will continue...
  • Container exports hit record high in Barcelona
    Between the months of January and August the port of Barcelona handled 1.4 million teu, a 13% increase on the same period of the previous year. The container exports rise is especi...

Marine Logweb site
SEPTEMBER 27, 2011
  • Rand Logistics raises $16.1 million, signs vessel acquisition agreements
  • Bourbon Front heads for North Sea
  • TUI Cruises orders 2,500 passenger cruise ship from STX Finland
  • First VLCC order for ultra long stroke MAN Diesel & Turbo G-type
  • Navy orders two more Arleigh Burke destroyers

World Wide Shipperweb site
SEPTEMBER 27, 2011
  • Port of Vancouver, USA extends Northwest Packing lease
  • August sees declines for ATA truck tonnage index
  • ATA names Rickey Oliver top truck driver for 2011
  • Trade between NAFTA partners jumps during month of July
  • NYK takes delivery of new ore carrying vessel

Lloyd's Listweb site
SEPTEMBER 27, 2011
  • Shape up or ship out
    How cabotage regulations are changing the Indonesian maritime sector, but is it realistic?
  • Rousing start to Houston insurance seminar
    Sterling speeches from US contingent, but London participants were less keen to make a stand
  • Government's duty to protect seafarers
    Dutch report into piracy finds too many legal issues arising from hiring of private guards
  • When will investors see an opportunity?
    Getting fresh money from anywhere looks tough right now but that could change
  • Interest in gas picks up steam in North America
    Traditionally lower prices on the Henry Hub coupled with the introduction of emission rules in the next 10 years make LNG power attractive
  • Wallenius wants $600 differential between LNG and diesel oil
    Lower price for gas would be required to cover higher equipment costs, cut in cargo space and reduction in operational range
  • LNG powered shipping is catching on
    A two-part look at the growing interest in using natural gas as a marine fuel
  • Marco Polo withdraws contempt of court charge against Credit Agricole
    Lender agrees to pay debtors daily rate for privilege of keeping tanker under arrest
  • Boxship fleet growth slows as economy clouds outlook
    RS Platou Markets says August fleet statistics show growth at a 14-month low of 8.4%
  • Atlantic-Asia panamax bulk carrier rates hit three-month high
    Round voyage rates in overtonnaged Pacific market remain at four-week low
  • Traders baffled as price of low-sulphur fuel nosedives
    High/low-sulphur spread down to 2009 levels
  • Falling bunker prices fail to lift VLCC earnings
    Daily returns on Middle East to Asia route remain in negative territory despite $30 per tonne fall in fuel costs over the week
  • Cross-Mediteranean aframax earnings still poor despite fixture surge
    Overcapacity caps any possibility of improved rates
  • Non-operating boxship owners best stocks to invest in, says RS Platou
    Asset play and secured income from chartering contracts makes Greek companies a particularly attractive option
  • Brussels still a few elements short of a full toolbox, says new Ecsa chief
    Exclusive interview with new European shipowners association president Juan Riva
  • Banks are 'prolonging the bad times' by propping up weak owners
    Tanker pool chief says secondhand prices kept too high and healthy operators disadvantaged
  • Marine insurance 'volatile sector' with Solvency II
    Swiss Re says industry will be forced to carry a higher amount of capital
  • Lines have no success in hiking Asia-Europe rates
    Research group subtracts bunker surcharges and finds actual conditions worse than 2009
  • FSL confident on refinancing
    Shipping trust expects to confirm refinancing in October along with third-quarter results
  • Bumi Armada may tap bond market
    Malaysian offshore player says FPSO earnings would ensure a good rating
  • Former MCA chief condemns UK government's Coastguard rethink
    Latest communications technology could save costs while bringing service up to date, says Stephen Bligh
  • Maersk readies fall-back plan B, and C
    Kolding still looking for the 'iPad' of box shipping, but immediate concerns could see tonnage reduction
  • Australian confidence wobbles on LNG project start dates
    Getting gas projects onstream an enormous task, says country's resource manager
  • Cadiz box terminal project secures $81m loan
    European Investment Bank cash will fund first phase of construction
  • STX Finland wins Tui order
    Turku shipyard to build new German cruise vessel
  • Swedish officers' unions merge
    Alliance comes as number of Sweden's officers on board the country's remaining flagged vessels has fallen
  • London's lost business
    If shipowners are not attracted to London for a listing, who knows what other business could be lost
  • Less stick, more carrot
    It is a good sign that the EU is showing some flexibility toward struggling owners over low-sulphur fuels
  • IEA backtracks on 'golden age of gas' forecast
    Beyond 2015 market faces 'great uncertainty' due to project delays and rising gas prices
  • Baltic ports to get $34m of EU funding towards 'hub and spokes' project
    Network of hubs with system of feeder ports to support door-to-door growth in region

Fairplayweb site
SEPTEMBER 27, 2011
  • Crunch time for Horizon
    HORIZON Lines has until the end of this week to complete an exchange offer for its convertible bonds, a timetable that could hinge on SEC approval
  • Tanker scrappings on the rise
    THE number of ships sold for scrap rose sharply, to 19 in the week to 23 September, from a weekly average of 12 or 13 during the previous month, according to Athens-based shipbroker WeberSeas
  • ECSA: low-sulphur deadline impossible
    EUROPEAN shipowners today said that the IMO's 2015 deadline for applying a 0.1% sulphur limit in Europe's emission control areas "cannot be met"
  • Chavez nationalises Conferry
    VENEZUELAN President Hugo Chavez yesterday ordered the nationalisation of ferry operator Conferry, his latest takeover in the maritime sector
  • Typhoon brings death in Manila
    EIGHT people were killed in the Philippines yesterday as Typhoon Nesat battered the island of Luzon, leaving thousands of ferry passengers stranded in ports, ships grounded and fishermen missing
  • China's growth underpins intra-Asia
    LEADING economists said today that the Asian growth story will continue even as the region battles inflation
  • Brand-new VLCCS are idle
    BW Maritime is idling new VLCCs despite facing heavy loan repayments on vessels ordered during the market high in 2006 - testament to dismal market conditions
  • Gard's first-half profits drop
    NORWEGIAN P&I club Gard has reported a sharp fall in profit for 1HFY11 due to higher claims and a volatile situation on the investment markets
  • DVB Bank highlights offshore sector
    DVB BANK anticipates investing more in the offshore support sector over the next year, a senior executive has revealed to Fairplay
  • Beluga Family arrested in Bremen
    GERMAN ship financier Bremer Landesbank has arrested former project carrier Beluga Chartering's 12,782dwt multipurpose vessel Beluga Family in the port of Bremen, the local district court said yesterday
  • K Line bulks up Indian presence
    K LINE has launched post-fixture bulk carrier operations from India, as part of its strategy to be closer to Indian customers, the company told Fairplay today
  • Chevron confims Wheatsone LNG project
    FIRST shipments from Chevron's Wheatstone LNG project off Western Australia are expected to start in 2016 after the company today gave the scheme final approval

The Journal of Commerceweb site
SEPTEMBER 27, 2011
  • Truck Tonnage Index Points to Higher Demand
    The month-to-month decline in for-hire truck tonnage slowed in August, and tonnage levels rose more strongly from a year ago...
  • US Container Imports Fell 1.5 Percent in August
    U.S. containerized imports last month fell 1.5 percent from a year earlier, dragged down by lower shipments of home goods,...
  • Report Says BNSF Terminal Will Reduce Truck Traffic
    BNSF Railway's proposed $500 million near-dock intermodal terminal in Los Angeles-Long Beach will take up up to 1.5 million trucks...
  • Lawmakers Seek End to Trucking HOS Rewrite
    Republican leaders of the House Transportation and Infrastructure Committee, in a sharply worded letter to President Obama, are asking the...
  • NAFTA Trade Grows 18.1 Percent in July
    The value of cross-border surface trade between the U.S., Canada and Mexico rose 18.1 percent year-over-year in July, the Transportation...
  • Report Says 2010 Road Congestion Cost $101 Billion
    Urban road congestion made U.S. drivers buy 1.9 billion gallons of extra fuel last year and pay an extra $101...
  • Customs to Launch Simplified Cargo Entry Project
    Customs and Border Protection officials said Monday it will launch a "simplified entry" pilot project, the first step in a...
  • Flatbed Rates to Rise 6 Percent, Says Stifel Nicolaus
    Flatbed trucking rates are on track to rise 6 percent this year after rising 6 percent on average last year,...
  • Indian Navy Foil Attacks, Captures Pirates
    The Indian Navy captured pirates attempting to seize two foreign-flag cargo vessels in the Gulf of Aden, Navy officials said...
  • Trailer Shipments Up 14 Percent in August From July
    Shipments of commercial trailers reached heights in August not seen since 2007, but cancelled orders rose too, and the order...
  • Antwerp to Speed Up Animal Product Inspection
    The Port of Antwerp said on Tuesday it will speed up imports of products made from animals by centralizing their...
  • Plan For $1.5 Billion Indian Terminal Back on Track
    Plans to build a $1.5 billion container terminal at the Port of Jawaharlal Nehru (Nhava Sheva) got back on track...
  • Kimberly-Clark Settles Horizon Lines Claims
    Horizon Lines, moving to complete a $655 million refinancing this week, said Kimberly-Clark had agreed to drop antitrust claims resulting...
  • Alphaliner Expects Trans-Pacific Loss of $300 Million
    Ocean container carriers will lose more than $300 million on trans-Pacific services in 2011 due to falling freight rates and...

Containerisation Internationalweb site
SEPTEMBER 27, 2011
  • US West Coast group seeks elimination of 'land border loophole'
  • Obama: euro crisis 'scaring the world'
  • Sinotrans invests in new Wuhu terminal
  • Eimskip orders new boxships
  • Maersk fuel switch in Singapore towards zero SOx goal

TradeWindsweb site
SEPTEMBER 27, 2011
  • Otto sale hits snag
    Lee Kok Wah forced to make tough decision as mystery buyer struggles to seal $90m anchor-handler transaction.
  • ESEA steals the spotlight
    Aristides Pittas-led bulker and boxship owner reinforces appetite for acquisitions in $400m prospectus.
  • Fairstar hauls in HERO deal
    Oslo-listed heavylift contractor ready to round up jack-up drilling rig but final destination is up in the air.
  • USCG collars six
    Port inspectors haul in Transgas tanker and NYK boxship as US Coast Guard sheds light on latest detentions.
  • Aggressive lay-ups await
    RS Platou Markets says mass dropping of boxship anchors the only choice for owners after peak season flop.
  • Tonnage tax under fire
    Danish politicians want to increase shipowners' tax bills from a paltry 1% of profits.
  • Lauritzen shuns cape link
    President Ejner Bonderup says there is no truth in talk Danish owner has bought second-hand capesize.
  • Sembcorp warrants a call
    Investment bank to issue 80m warrants based on Sembcorp Marine stock price.
  • Rousse in order talks
    New owners of Bulgarian yard aiming to restore links to Russia and countries outside Europe.
  • Nordlys will return
    Damage to fire-hit Hurtigruten ferry less severe than originally feared.
  • Tug towed off Scotland
    Lifeboat called into action off Dunscansby Head to bring drifting vessel into port of Wick.
  • TUI ties knot with STX
    German cruise line places newbuilding order with Jari Anttila-led Finnish ship yard.
  • Glencore chops fleet
    Less-than-inspiring market could lead commodity trader to reduce its tanker fleet.
  • Dongfang sells shares
    Single investor snaps up 2.45% of Chen Tongkao's Chinese shipbuilder as it issues new stock.

American Shipperweb site
SEPTEMBER 27, 2011
  • Victory for port truckers
  • Wallenius Wilhelmsen adds ship
    Wallenius Wilhelmsen Logistics (WWL) has added the new ship,Parsifal , to its fleet.A sister ship toTonsberg , delivered in March, the 265-meter-long ship has a cargo volume of 138,000 cubic meters. Six fixed and three moveable decks mean the entir...
  • U.S. treasury secretary visits UPS hub
    Geithner U.S. Treasury Secretary Tim Geithner visited UPS's WorldPort hub in Louisville, Ky., as part of the Obama administration's campaign to generate public support for its $447 billion American Jobs Act. "One of the most important parts of the p...
  • ATS, WFS handle China Cargo in St. Louis
    Airport Terminal Services (ATS), in partnership with Worldwide Flight Services (WFS), has won the ground and cargo warehouse handling contract for China Cargo Airlines' launch of direct cargo services between St. Louis International Airport and Sha...
  • Northeastern taps Flynn for homeland security institute
    Flynn Renowned homeland security expert Stephen Flynn is giving up the presidency of the Center for National Policy in Washington to be the founding co-director of the George J. Kostas Research Institute for Homeland Security at Northeastern Univer...
  • APL Logistics helps EMD in India
    APL Logistics said it has opened a 50,000-square-foot production and warehousing facility for Electro-Motive Diesel Inc., a global manufacturer of locomotives, in Gurgaon, India. The logistics arm of ocean carrier APL is extending its existing relat...
  • ILWU president charged after protest
    The International Longshore and Warehouse Union said its president, Robert McEllrath, on Monday surrendered to law enforcement officials in Kelso, Wash. He faces charges resulting from a Sept. 6 port protest.The union said McEllrath was specificall...
  • N.C. maritime study input sought
    North Carolina has scheduled two public meetings this week and next as part of its effort to develop a maritime strategy for the state. The study was initiated this spring by Gov. Bev Perdue's LogisticsTask Force, and is designed to "take a fresh lo...
  • 9th Circuit: LA port can't ban owner-operators
    9th Circuit: LA port can't ban owner-operators 9th Circuit: LA port can't ban owner-operators The 9th Court of Appeals ruled Monday that the Port of Los Angeles can't bar truck owner-operators from the port. The port's 2008 clean truck program re...
  • Savannah boosts reefer capacity
    The Georgia Ports Authority said on Monday its board approved a $4.75 million project that will expand the Port of Savannah's capacity to store refrigerated containers by 45 percent to 1,536 containers.New reefer racks will be added to the Garden ...

The Bunker Bulletinweb site
SEPTEMBER 27, 2011
  • Coast Guard to participate in joint oil spill exercise
    Exercise is set to take place on Wednesday, at 12pm
  • Markets diverge as crude swings up
    Big price spreads and variable trends in major regional ports.
  • Shipping industry 'exaggerating' ECA costs
    Green member of the European Parliament says sulphur rules will 'stimulate innovation.'
  • Emulsion fuel to undergo sea trials
    A.P. Moller-Maersk signs new contract with Quadrise.
  • Tanker operator expects fleet to shrink
    ST Shipping expects to give back ships unless it sees deals that 'make sense'.
  • Managing counterparty risk has become 'critical'
    'Don't sell stuff to people who aren't going to pay you,' says leading marine credit analyst.
  • General hike in Asian bunker prices
    Generally 'average' demand at key Asian bunker ports on Tuesday.
  • Slow steaming a 'positive factor' for containership market
    Due to high prices of bunker fuel, says chairman and CEO of Euroseas.
  • Typhoon forces suspension of bunker operations
    Bunker deliveries halted in Manila.
  • Bunker demand 'slack' across Indian ports
    'Uncompetitive' prices keep demand low at Indian ports.
  • Tonnage overcapacity 'disastrous' for VLCC owners
    Slow steaming may help earnings if 'enough' owners stick to the practice, says shipbroker Gibson.
  • Suspected bunker spill in Houston
    Houston Ship Channel was closed for 'few hours', says US Coast Guard.
  • High fuel costs prompt Indian shipping firms to diversify
    Indian shipping firms eyeing shipbuilding, offshore and dredging businesses.
  • Brightoil secures CNY 1 billion loan
    Loan will partly fund the working capital of its marine bunkering business

›››File
FROM THE HOME PAGE
Marsa Maroc and CMA CGM have formalized the agreement for the management of the new West Terminal at the port of Nador West Med.
Paris
It will become operational in 2027
SAS (MSC group) will exit Moby by selling 49% of its capital to Onorato Armatori
Rome
The AGCM announces that the commitments presented dissolve the structural and financial ties that had motivated the start of the investigation
Moving the cruise terminal in Trieste is being considered.
The UIRR is disappointed by the European Commissioners' intention to withdraw their proposed amendment to the Combined Transport Directive.
Brussels
The sector - the association underlines - needs a framework legislation
Sparks fly between the League and Brothers of Italy over the appointment of the presidents of the Port System Authorities.
Rome
Salvini accuses the majority party of obstructing them, absolving Giorgia Meloni from any responsibility
In the third quarter, freight traffic in the port of Taranto decreased by -22.9%
In the third quarter, freight traffic in the port of Taranto decreased by -22.9%
Taranto
Decline in all main product segments except liquid bulk
Kuehne+Nagel announces cost reduction program
Schindellegi
In the third quarter of this year, net sales fell by -6.8%
In the third quarter, DSV recorded a net profit of DKK 2.2 billion (-24.1%).
Hedehusene
Revenues rose 63.2% to a record $72 billion.
Fedespedi and Assiterminal are asking the Ministry of Transport for clarification and changes to the rules governing truck waiting times for loading and unloading.
Milan
Federlogistica: Before launching the port reform, a discussion with operators is necessary.
Genoa
Falteri: No reform can work unless it arises from a true, structured, and ongoing dialogue.
In the third quarter, freight traffic in Spanish ports increased by +0.7%
Madrid
Container cargo and dry bulk volumes are declining
ESPO calls for continued efforts towards a global solution on ship emissions despite referral to IMO
In the third quarter, freight traffic in the port of Antwerp-Bruges decreased by -2.8%.
In the third quarter, freight traffic in the port of Antwerp-Bruges decreased by -2.8%.
Antwerp
In addition to bulk cargo, containers also decreased
Luka Koper and CEVA Logistics launch joint venture for car traffic in Slovenian ports
Koper
CMA CGM has signed a declaration of intent
Greer (USTR): Chinese retaliatory measures will not prevent US from rebuilding its shipbuilding base
While for many the postponement of the Net-Zero Framework should be seen as an opportunity, for others it derails the path to decarbonisation of shipping.
Norwegian Cruise Line Holdings ships will refuel with renewable fuels in the port of Barcelona
Miami
Eight-year agreement with Spain's Repsol
The IMO MEPC has decided to postpone the vote on the shipping decarbonisation strategy by one year.
London/Brussels
Kazakhstan (ICS): Industry needs clarity. T&E, there's a risk that the agreement, even if adopted in a year, won't enter into force before 2030.
ESPO welcomes the EU Parliament's recognition of the role of ports in strengthening mobility and military resilience.
Brussels
Ryckbost: We hope that these points will be reflected in the final compromise text.
PSA Genova Pra' terminal authorized to accommodate two 400-meter container ships simultaneously
Genoa
Yesterday the "COSCO Shipping Taurus" and "Evelyn Maersk" moored, both 20,000 TEU vessels.
Salvini, the port reform aims to create a national port network capable of overcoming fragmentation
Rome
The relaunch of an integrated vision of the planning and programming of all port investments is foreseen
Port of Los Angeles Sets New All-Time Quarterly Container Traffic Record
Los Angeles
Port authorities are concerned about the impact of new taxes on Chinese ships and cranes.
HMM invests $2.8 billion in the construction of 12 13,000 TEU containerships and two VLCCs
Seoul
The ships will be delivered by April 2029
Filt Cgil, concerned about the TAR ruling on self-production in the port of Salerno.
Pirate attacks on ships increased by 37% in the third quarter
Pirate attacks on ships increased by 37% in the third quarter
Kuala Lumpur
The Singapore Straits region remains at high risk
Appointments of Port Authority presidents and port reform remain stalled, according to port operators at La Spezia.
Appointments of Port Authority presidents and port reform remain stalled, according to port operators at La Spezia.
La Spezia
A heavy brake - they underline - on the principles of participation, transparency and control provided for by the current legislation
In Indonesia, two accidents on the same ship at the same shipyard cause 14 deaths.
Batam
This morning a second explosion on the FSO "Federal II"
South Korea's Hanwha Ocean has been implicated in the trade war between the US and China.
Beijing
Beijing also took countermeasures against five US subsidiaries of the shipbuilding group
Port of Singapore set new all-time container throughput record in third quarter
Singapore
By weight, however, this cargo volume recorded a decrease of -1.8%.
Green fuel producers support IMO's shipping decarbonization strategy
London
The importance of introducing incentives for green e-fuels was underlined
In August, freight traffic in the ports of Genoa and Savona-Vado increased by +2.5% thanks to the increase in bulk cargoes
Genoa
Various goods fell by 14.4%. The Spediporto Conference
The US threatens retaliation against states that vote to approve the Net-Zero Framework.
Washington
"Our fellow IMO members," Rubio, Wright, and Duffy warned, "should be warned."
Wallenius Wilhelmsen: New US port tax on car carriers is higher than expected.
Oslo
From tomorrow they will rise to 46 dollars per net ton
USTR announces heavy tariffs on port cranes and other handling equipment made in China
Washington
100% additional tariffs on ship-to-shore port cranes
Salvini reassures the port of Livorno of the additional resources needed for the new Darsena Europa.
Livorno
Even a hundred million euros more - the minister stated - will not block the development of the airport.
Chinese taxes on US ships effective October 14
Chinese taxes on US ships effective October 14
Beijing
Beijing's response to the taxes that will be imposed on Chinese ships calling at American ports
In the third quarter of this year, cargo traffic in Turkish ports grew by 4.6%.
Ankara
Volumes with Italy increased by +7.3%, with a sharp increase in containers (+32.2%)
Taiwanese Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenue
Taipei/Keelung
In the period July-September, decreases of -36.7%, -42.2% and -35.7% were recorded
ASA, ECSA, ICS, WSC, ITF, IAPH and IBIA call for approval of the Net-Zero Framework
Brussels
Only global standards - they underline - will be able to decarbonise a global industry.
Zanetti (Confitarma): ensure the competitiveness of the Italian armaments industry with support tools suited to the sector
Rome
In the second quarter, freight traffic in the ports of Naples and Salerno recorded drops of -5.3% and -3.2%
Naples
Cruise passengers on the rise
New US tariffs will have a strong impact on containerized imports into the US in the coming months
Washington
National Retail Federation and Hackett Associates forecasts
In 2024, freight transported by rail by the Spanish company RENFE Mercancías decreased by -12.0%.
Madrid
The financial year ended with a net loss of -32.2 million euros
ZIM will not apply surcharges for new US taxes on Chinese vessels
Haifa
The new US tariffs will take effect on October 14th.
ABB sells its robotics division to SoftBank Group Corp. for $5.4 billion
Zurich/Tokyo
ABB Robotics employs approximately 7,000 people
Federlogistica calls for acceptance and implementation of the regulation on waiting times for heavy vehicles.
Genoa
Falteri: essential protection for the regularity, safety, and economic sustainability of road haulage companies.
Ten European rail associations call for acceleration of TEN-T network completion
Brussels
The need to ensure sufficient funding for the implementation of interoperable systems at European level was highlighted
SAAM Towage to Complete Acquisition of Entire Share Capital in Colombia's Intertug
Santiago
An agreement was signed to obtain the remaining 30%
Last August, the Suez Canal was crossed by 1,070 ships (-3.3%)
Last August, the Suez Canal was crossed by 1,070 ships (-3.3%)
Cairo/Ismailia
In the first eight months of 2025, maritime traffic fell by -9.4%
Port of Salerno: Work resumes to complete the "Porta Ovest"
Naples/Rome
Cuccaro appointed special commissioner of the Central Tyrrhenian Port Authority. Annunziata resigns.
Renewal of concession for Croatian shipyard Iskra Shipyard
Sebenico
The naval-mechanical plant will be expanded to an area of 11,000 square meters
In August, freight traffic in the port of Ravenna grew by +10.9%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
Federlogistica has established its own representation in the Iberian Peninsula
Genoa
It will support Italian entrepreneurs operating in Spain
Boluda acquires Royal Boskalis' towage and salvage operations in Australia and Papua New Guinea.
Valencia
Transaction valued at $640 million
ESPO urges IMO States to formally adopt the Net-Zero Framework
Brussels
The association also urges the EU Commission to align European standards
The Port of Los Angeles plans to build a new container terminal.
Los Angeles
Invitation to submit expressions of interest
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
In the third quarter, Italy's connection index to the global containerized maritime services network grew by +2.7%.
Geneva
The most significant growth in PLSCI was recorded by the port of Savona-Vado Ligure (+53.7%)
ONE will not charge surcharges for new US taxes on Chinese ships
Singapore
They will be applied starting from October 14th
Fincantieri and Aeronautical Service sign agreement for the use of composite materials in the naval, civil, and military sectors.
Trieste
Genoa Port Terminal concession renewal approved until 2054
Genoa
The terminal's operating conditions have been redefined, bringing them back to the multipurpose function, in compliance with the ruling of the Council of State and the PRP
PSA Italia-Logtainer and Rail Hub Milano-Medlog have submitted offers to manage the Interporto Padova intermodal terminal.
Padua
Cargo traffic in Chinese seaports increased by 4.5% last month.
Beijing
Containers amounted to 27.7 million TEUs (+6.8%)
The Netherlands is referring to the Court of Justice of the European Union the question of whether to entrust seafarers or dock workers with the lashing operations on smaller container ships.
In the second quarter, container traffic handled by Eurokai terminals grew by +16.4%
Hamburg
Significant growth of 16.1% in Germany. In Italy (Contship), volumes increased by 5.2%.
China enacted regulation in response to US taxes on Chinese-owned and -built vessels
Beijing
The new rules include the possibility of introducing similar countermeasures
New attack on ships transiting the Gulf of Aden
Southampton
UKMTO announced that a fire broke out on a vessel hit by a shell
Carnival closes its best quarter ever
Carnival closes its best quarter ever
Miami
The American cruise group announces a further strengthening of the growth trend in bookings
Marella Cruises sells Fincantieri slots for two new cruise ships to TUI Cruises.
Hannover/Trieste
With a gross tonnage of 160,000 tons, they will be larger than the units originally planned
GNV-Portitalia bridge agreement on lashing operations in the ports of Palermo and Termini Imerese
Palermo
The direct intervention of the AdSP commissioner Tardino was crucial - explain Filt, Fit and Uilt
HMM will not introduce surcharges for new US taxes on Chinese ships
Seoul
The company will not modify scheduled services that stop in the United States
GATX Rail Europe signs sale-leaseback agreement with DB Cargo to purchase 6,000 railcars
Vienna
The transaction will be completed by the end of this year.
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
In the second quarter of 2025, freight throughput at the port of Bremen/Bremerhaven increased by +6.0%
Bremen
Miscellaneous cargo is growing. Bulk cargo is declining.
A new record in cruise traffic is expected in Italian ports in 2026
Catania
In Catania, Risposte Turismo presented the new edition of the "Italian Cruise Watch" report.
Quarterly freight traffic growth at the port of Barcelona. Declining in Algeciras.
Barcelona/Algeciras
In the period July-September, percentage variations of +1.8% and -4.1% respectively were recorded
Fincantieri launches the first integrated underwater drone system
Trieste
Tested at the Naval Support and Experimentation Center in La Spezia
Filt Cgil: The method adopted to define the port reform is unacceptable.
Rome
The union denounces the lack of involvement of workers' representatives and the lack of prior consultation.
General Assembly of Logistics: Northwest Alliance Renewed
Turin
Liguria, Lombardy, and Piedmont Regions, MIT, RFI, and Ferrovienord Sign Agreement
Konecranes reports quarterly revenue decline while orders rise.
Helsinki
In the period July-September, orders acquired for 1.15 billion euros (+20.1%)
GNV has taken delivery of the new ro-pax GNV Virgo in China
Genoa
It is the first ship powered by liquefied natural gas in the company's fleet.
A new maritime service for rolling stock to North Africa is underway at the Vado Ligure Reefer Terminal.
Vado Ligure
Connection with the Libyan port of Misurata
Grimaldi and China Merchants Shenzhen RoRo Shipping sign cooperation agreement
Naples
Expected to offer greater capacity and a broader and more efficient service network to support Chinese exports
The 2026 budget forecast and the POT of the Port System Authority of the Southern Tyrrhenian and Ionian Seas have been adopted.
Gioia Tauro
Piacenza: Cold ironing is also important to avoid having to face significant fines.
The Port of La Spezia has completed its first cold ironing tests at Molo Garibaldi.
La Spezia
The transformation cabin at the dock has been connected to the cruise ship "MSC Seaview"
Global Ports Holding has signed a contract to manage the Casablanca cruise terminal.
Istanbul
15-year agreement with option for a 20-year extension
A conference on e-commerce returns at LIUC
Castellanza
In the fashion sector they represent over 30% of online orders in Europe
Australian Scott McKay is the new president of the International Cargo Handling Association.
London
He took over from John Beckett
Fincantieri and Defcomm sign agreement for the development of surface drones.
Trieste
Co-investment to accelerate its industrialization
Container traffic in the port of Valencia fell by 11.6% in September.
Valencia
In the third quarter of 2025, overall freight traffic decreased by -3.2%
Container traffic at the Port of Long Beach increased by 0.7% in the third quarter.
Long Beach
Empty spaces are rising. Full capacity at boarding and disembarking is down 1.0% and 8.5% respectively.
Piacenza: The port of Gioia Tauro aims to handle seven million containers by 2029.
Genoa
Transhipment - he underlined - represents an essential gateway for international goods into the national market.
Arkas Line's new direct service connects the Eastern Mediterranean and Italy with West Africa.
Izmir
It will be held on a weekly basis
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Assocostieri urges revitalization of the national bunkering sector
Genoa
Among the proposals, making it possible to use barges as floating storage facilities for alternative fuels
The Ministry of Transport has requested an agreement for Consalvo to become president of the Eastern Adriatic Port Authority.
Rome/Trieste
Fedriga: The Friuli Venezia Giulia Region will express its agreement
Federmar-Cisal proposes a new distribution of the tonnage tax benefits
Rome
Pico: For maritime personnel, financial recognition is not always proportionate to the essential role they play
P&O Maritime Logistics completes acquisition of controlling stake in NovaAlgoma Cement Carriers
Lugano
Obtained the necessary regulatory approvals
Fatal accident in the port of Ravenna
Ravenna
A 67-year-old truck driver lost his life at the Sapir terminal.
A Norwegian delegation visits the Northern Tyrrhenian Port Authority
Livorno
ABB's quarterly financial performance shows sharp growth
Zurich
In the period July-September the value of new orders increased by +11.6%
Fratelli Neri buys two tugboats produced by Egypt's Misr Tugboats Factory
Ismailia
They will be taken into delivery in the first quarter of 2026
COSCO Shipping Ports Sets New Quarterly Container Traffic Record
Hong Kong
In the period July-September, 29.8 million TEUs were handled (+3.6%)
Container traffic in the port of Hong Kong fell by -9.2% in the third quarter
Hong Kong
A 16.3% drop was recorded in September
Port of Civitavecchia appoints members of the Marine Resources Partnership Body
Civitavecchia
He will remain in office for four years
New quarterly record for container traffic handled by CMPort port terminals
Hong Kong
New highs recorded both in China and at overseas ports
CMA CGM to order six feeder containerships from Cochin Shipyard
Kochi
Order worth approximately 300 million dollars
Efficient solutions for the port launching of floating wind turbines are being studied in France
Trondheim/Brest
Agreement between the Norwegian BOA and the port of Brest
Augusta Due has acquired a second new tanker built by Fujian Southeast Shipbuilding Co.
Rome
It has a capacity of 18,590 deadweight tons.
IRU, CLECAT, ESC and GCCA oppose binding targets for demand for zero-emission trucks
Brussels
They ask to focus instead on creating favorable conditions for operators to be able to use them.
Marialaura Dell'Abate is the new president of Confitarma's Young Shipowners' Group.
Rome
In the third quarter, cargo traffic in Russian ports grew by +4%
St. Petersburg
Only import loads are decreasing
Matteo Caiti appointed country manager for Italy at Forto
Milan
The goal is to consolidate growth on the Italian market
DP World to build and operate multimodal terminal in Uzbekistan
Dubai
Joint venture with Tashkent Invest
Applications for rail freight transport incentives are now open.
Rome
From today the requests to access the Ferrobonus
Confitarma welcomes Senate approval of simplification measures for the maritime transport sector.
Rome
A rapid approval in the Chamber is also hoped for
The maritime, port and logistics sector asks the Ministry of Transport for clarification on the regulation on waiting times for loading and unloading goods
Rome
A dialogue was called to determine the identification of correct application indications of the law
Four icebreakers for the U.S. Coast Guard will be built in Finland.
Washington
Agreement signed by Presidents Donald Trump and Alexander Stubb
PSA International wins the "Best Singapore Investor in Italy" award.
Genoa
It was awarded by the Italian Chamber of Commerce in Singapore
The Italian Navy's Olterra ship was launched in Genoa.
Genoa
It is the first military project built by the T. Mariotti shipyard
The first ferry owned by the Sicilian Region launched in Palermo
Palermo
Folgiero: Revitalization of the Sicilian shipyard as part of Fincantieri's new industrial plan
In the third quarter, containers carried by OOCL vessels increased by +0.7%
Hong Kong
Accentuation of the reduction in revenues which fell by -25.9%
Assologistica approves new rules on pallet exchange
Rome
Approved by the Senate, the text passes to the Chamber of Deputies
Offshore wind farm in the port of Augusta ready in two or three years
Palermo
Di Sarcina: We are confident in a rapid allocation of the planned resources, amounting to approximately 50 million euros.
In the Netherlands, a self-driving vessel has been authorised to sail outside a restricted area.
Rotterdam
German company Helsing acquires Blue Ocean Monitoring
London
Australian company builds self-driving submarines
The decree designating the port of Taranto as a national offshore wind hub has been made official.
Taranto
Gugliotti: Unlock resources for modernizing and upgrading port areas
One of two injured sailors from vessel attacked in Gulf of Aden dies
Amsterdam/London
Dominquez (IMO): Strong condemnation of any type of attack against ships
Salvini met with the deputy CEO of the Turkish terminal operator Yilport.
Rome
At the centre of the meeting was the dredging of the port of Taranto.
The Logistics & Sea Academy has equipped itself with new simulators for operating ships, tugboats, trains and port cranes
Venice
Investment of four million euros
Giovanni Punzo, founder and president of CIS - Interporto Campano for thirty years, has died.
Nola
Among the founders of Italo, the first private Italian operator on the high-speed rail network
The new two-masted ro-ro ship Neoliner Origin will arrive in Livorno tomorrow.
Vado Ligure
It has a capacity of 1,200 linear meters of rolling stock
The refinancing of the Setramar group's capital structure has been completed.
Ravenna
Merli: a crucial step in our growth journey
Liguori's term as head of the Trieste Port Authority has been extended.
Rome
Confirmed in the role of extraordinary commissioner of the institution
Agreement to complete electrification work on the docks at the port of Gioia Tauro
Gioia Tauro
The 70 million euro investment to complete the project has been confirmed.
A Maersk delegation at the Grendi Group's container terminal in Cagliari's Porto Canale.
Milan
At the centre of the debate is the development of traffic towards North Africa
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
Port of Livorno: Protests over Gaza must not block operations.
Livorno
The members of the Partnership Body highlighted the need for it to be accessible to all vessels
GNV, agreement with Sicilian terminal operator Portitalia is positive.
Genoa
The company specified that the aim was exclusively to temporarily supplement the tariffs.
Two days of work with ESPO in Rome on the Mediterranean and European ports
Rome
Meetings organized by Assoporti
In 2024, 112 million counterfeit items were seized in the European Union.
Brussels
Record estimated value of 3.8 billion euros
Strikes and protests in ports, request for information from the Guarantor
Rome
Request for information from prefects, port authorities, and port authorities
Danaos Corporation has ordered two 7,165 TEU containerships from Dalian Shanhaiguan.
Athens
They will be taken into delivery in the third quarter of 2027
In the second quarter, freight traffic on the Austrian rail network fell by -1.4%.
Vienna
Only domestic traffic is growing
ALS (FBH Group) has acquired 80% of Trans World Shipping and Moda Express of USA.
Rozzano
The two companies have 500 employees and are active in Italy, France, the United Kingdom and the United States.
Circle's revenue increased by 62.1% in the first half of 2025
Milan
Net profit of over 1.0 million euros (+1.8%)
A Ukrainian delegation hosted by the Northern Tyrrhenian Sea Port Authority
Livorno
Cooperation in the field of training and safety at work in ports
The EIB is financing Phase A of Genoa's new breakwater with €300 million.
Luxembourg
The total investment is 937 million euros
This summer, GNV ships carried 1.7 million passengers (+9%)
Valencia
In the next few days the company will take delivery of "GNV Virgo", the first LNG-powered vessel
The project for the expansion, safety improvements, and extraordinary maintenance of the port of Pozzallo has been presented.
Pozzallo
It provides for the construction of the breakwater arm
Fincantieri delivers the new Star Princess cruise ship to Princess Cruises
Monfalcone
It has a gross tonnage of 177,800 tons and a capacity of 4,300 passengers.
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
Filt Cgil calls on port administrators and businesses to join the action against the Palestinian massacre.
Rome
This burden – the union highlighted – cannot be placed solely on the shoulders of dock workers.
The agreement between the Italian Merchant Marine Academy Foundation and the NATO Center in La Spezia has been renewed.
Genoa
The collaboration signed in 2023 has been confirmed
Fischer & Rechsteiner and Gimax International acquire BCUBE's Freight Forwarding business.
Genoa
The completion of the transaction is expected in the next few days
Fermerci outlines a dramatic scenario for the European rail freight transport sector
Rome
Rizzi: There is a real risk of a shift towards exclusively road transport.
Sogedim opens a new branch in Modena
Mesero
Initially, the activity will be dedicated exclusively to UK export traffic and will then extend to other European markets.
Eni completes the sale of a 30% stake in the Baleine project in Ivory Coast to Vitol.
San Donato Milanese
The field was discovered in 2021 and production started in 2023
The new PCTC Grande Svezia has joined the Grimaldi Group's fleet.
Naples
It has a maximum capacity of 9,000 ceu
The Cagliari City Council approves its opinion on the Sardinian Ports Development Plan.
Cagliari
Green light unanimously
The railway sector contributes 1.4% of the European Union's GDP.
Brussels
Study commissioned by CER
In the port of Naples, the Coast Guard has detained the bulk carrier Tanais Dream.
Naples
Serious irregularities found on board
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
A seminar on the new law on interports will be held in Milan on October 2nd.
Milan
It is organized by the Chamber of Commerce of Padua
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
››› Meetings File
PRESS REVIEW
Foreign firms to operate 3 terminals under Ctg Port for up to 30 years; deals by December
(The Business Standard)
We'II Rebuild Apapa, Tin-Can Ports In 48 Months - Dantsoho
(Leadership)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Agreement to accelerate the implementation of robotics in Fincantieri's production processes
Trieste
It was signed with the Friulian Idea Prototipi
Sergio Liardo is the new general commander of the Port Authority Corps - Coast Guard
Rome
He takes over from Admiral Nicola Carlone
DBA to supply new Terminal Operating System for Georgia's Batumi Port
Villorba
The project includes all phases of development, testing and operational testing
Attack on a ship in the Gulf of Aden
Portsmouth
The captain reported hearing an impact in the water and an explosion
Danilo Ricci has been appointed managing director of Tarros Line.
La Spezia
He has held various positions in Italy and abroad within the group
Permanent discussion table between Confindustria Nautica and Federagenti
Genoa
This is provided for in an agreement signed today in Genoa
In the first half of 2025, cruise traffic in Italian ports grew by +6%
Venice
The twelfth edition of Italian Cruise Day will be held in Catania on October 24th.
SAL Heavy Lift buys two semi-submersible vessels from Pan Ocean
Hamburg
They were built in 2008 and 2012
30% of Sangritana Cargo will be acquired by the Marche-based company Transadriatico
The Eagle
The sale will be completed in the next few days
The eighth edition of "A Sea of Switzerland" will be held in Lugano on October 6th.
Lugano
Forum on economic and logistical integration between Ligurian ports, the Northwest manufacturing area, and Switzerland
DEME orders new cable-laying vessel from Singapore-based PaxOcean
Beveren-Kruibeke-Zwijndrecht
It will be built in the Chinese shipyard of Zhoushan
Assoporti will meet at RemTech EXPO 2025 to discuss the green transition in Italian ports.
Ferrara
The Smart Ports Award was awarded to three Port System Authorities
The first shipment of Syrian oil in 14 years arrives at the port of Trieste.
London
Part of the cargo - S&P Global Commodity Insights reports - was unloaded at the Sardinian terminal of Sarroch
In August, freight traffic in the port of Taranto grew by +20.3%
Taranto
The ferry "Drea" was also rejected by the Apulian port, where however it is temporarily stopped
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