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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
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
Le Aziende informanoSponsored Article
ITS Costruttori, il corso di alta formazione per entrare nel mondo di Fincantieri
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
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.
India launches nearly $8 billion package to support its shipbuilding and maritime sectors
New Delhi
Shipyard production capacity expected to increase to 4.5 million gross tonnage per year
In the second quarter of this year, freight traffic in French ports fell by -0.4%.
Paris
Dry bulk and rolling bulk trades are declining. Container and liquid bulk trades are growing.
Antin Infrastructure Partners to acquire UK's leading marina operator
Paris/London/New York
It will take over ownership from British private equity firm LDC
Royal Caribbean agrees with Meyer Turku to build Icon ships for a decade
Miami
Order confirmed for a fifth Icon cruise ship and option placed on a seventh unit of the same series
Maersk announces it will not apply surcharges for new US tariffs on Chinese vessels
Copenhagen
The company assures that it will not make any changes to its services
Cochin Shipyard and KSOE enter into strategic collaboration in shipbuilding sector
New Delhi
The creation of approximately two thousand direct jobs is expected
DHL will resume freight shipments from Germany to the United States for corporate customers.
Bonn
They had been suspended due to the removal in the USA of the "de minimis" threshold for goods with a value of less than 800 dollars.
World Business Council for Sustainable Development Statement in Support of the IMO Net-Zero Framework
Ancona: Tax fraud in the shipbuilding sector
Ancona
Over €2.3 million in non-existent tax credits seized
CMA CGM buys British rail freight operator Freightliner
Birmingham
The transaction will be completed in early 2026
Containerized cargo at the port of Algeciras decreased by -9.4% last month
Algeciras
The 20-foot containers handled were 399 thousand (-0.7%)
Italferr participates in Europe's largest railway electrification contract
Rome
Activities within the Rail Baltica project
Freight traffic increased in the ports of Barcelona and Valencia in August
Barcelona/Valencia
In the first eight months of 2025, decreases of -1.6% and -0.3% respectively were recorded
In the June-August quarter, FedEx express courier revenues increased by +3.1%
Memphis
An average of 16.8 million express shipments were handled per day (+3.5%)
Breakthrough in the exploratory tunnel of the Brenner Base Tunnel
Milan/Rome
At 64 kilometers, it will be the longest underground railway connection in the world.
Tender launched for privatization of Croatian shipyard 3. MAJ Rijeka 1905
Zagreb
The starting bid is 6.66 million euros.
To decarbonize, shipping should join forces with other hard-to-abate sectors
London
This is highlighted by a report by Accelleron which believes that a critical mass of demand is necessary to overcome a stalemate phase.
COSCO Reassures Customers on Impact of New U.S. Tariffs on Chinese Vessels
Shanghai
We - the Chinese company assured - will maintain competitive freight rates and surcharges.
Shipping is still far from the target of 5-10% of fuel used coming from scalable, zero-emission sources by 2030
Copenhagen
The need to introduce incentives was underlined
Spain's Boluda acquires Transfesa's intermodal rail freight services.
Valencia
The agreement also includes industrial services, railway maintenance and shunting activities and intermodal terminals.
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Til (MSC Group) to become a shareholder in Turkey's Petkim container port
Baku
Agreement with the Azerbaijani oil group SOCAR
German and Austrian trailer manufacturers challenge EU regulation to reduce truck environmental impact
Berlin/Brussels
They denounce that its application leads to an increase in traffic volumes and therefore emissions.
The Venice Marghera station has been equipped with a track compliant with European TEN-T standards
Venice
A 740-meter freight track has been opened.
World Shipping Council introduces Cargo Safety Program to prevent ship fires
Washington
It is based on artificial intelligence and traditional goods inspections
Rheinmetall to enter naval shipbuilding sector by acquiring Naval Vessels Lürssen
Bremen
Lürssen Group to focus on megayacht production
The British government is investing half a billion pounds to reduce shipping emissions.
London
Private investments of 700 million expected
HMM signs new 10-year contract with Vale for iron ore transport
Seoul
It is worth around $310 million.
The Campania Port Authority reaches an agreement with UNIPORT and Assiterminal
Naples
The regional tax - highlights the port authority - risks undermining the competitiveness of ports
IAPH and WCO publish updated guidelines on cooperation between customs and port authorities
Tokyo/Brussels
Contributed by the World Shipping Council
ABB and Blykalla collaborate on nuclear marine propulsion
Stockholm
The agreement focuses on small modular fast reactors developed by the Swedish company
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Saipem wins new offshore contract worth approximately $1.5 billion in Türkiye
Milan
It is related to the third phase of the Sakarya gas field development project.
In the second quarter, freight traffic in the port of Civitavecchia grew by +5.7%
Civitavecchia
Record for cruise passengers this period
Uniport and Assiterminal oppose the additional fees demanded of port operators by the Campania Region.
Rome
Amount between 10% and 25% of the annual state fee
The first train from Belgium under the FS Logistix-Lineas agreement has arrived in Segrate.
Milan
Five return connections per week to Antwerp are scheduled
Modernization works are underway at the passenger terminal at the port of Igoumenitsa.
Naples
Grimaldi takes delivery of the PCTC "Grand Auckland"
Damage to submarine cables in the Red Sea
Portsmouth
According to the International Cable Protection Committee, the cause could be ship traffic
Dutch company Damen to build 24 naval vessels for British company Serco
Gorinchem/Amsterdam
Green light for a €270 million bridging loan to the shipbuilding company.
DP World to build and operate container terminal at Montreal's new Contrecœur port
Dubai/Montreal
It will become operational in 2030
Expansion work has begun at the Vienna South intermodal terminal.
Vienna
Annual traffic capacity expected to increase by 44%
In July, ship traffic in the Suez Canal increased by +0.8%
Cairo
In the first seven months of 2025, a decrease of -10.2% was recorded
In July, freight traffic in the ports of Genoa and Savona-Vado decreased by -3.0%
Genoa
The decline was limited by increased oil traffic in the Vado harbor. Ferry traffic dropped 9.9%.
Trump nominates Laura DiBella as chair of the Federal Maritime Commission.
Washington
The nomination of Robert Harvey as commissioner of the federal agency has also been forwarded to the Senate.
Genoa's new dam: a modification has been approved to allow for completion of work by the end of 2027.
Genoa
Phase A and Phase B works will be carried out rather than sequentially
Assiterminal, simplify and standardize dredging procedures to restore the operational competitiveness of ports.
Taranto Recommends: The Regasification Plant Would Promote the Port's Revitalization
Taranto
Melucci: a lifeline for the entire port system and for our city's economic growth.
Cargo and cruise traffic in eastern Sicily ports is on the rise
Catania
In the container segment, an increase of +27.9% was recorded
FS Logistix and Lineas form joint venture to manage the Antwerp Mainhub Terminal
Antwerp
Rail services between Antwerp and Milan expected to increase
Attack on a product tanker in the Red Sea
Southampton
A missile fell near the ship which suffered no damage
Sea trials have been completed for the new GNV Virgo ro-pax vessel.
Genoa
It will be GNV's first liquefied natural gas ship
In the first half of the year, Singamas' container sales decreased by -10%.
Hong Kong
The average selling price dropped by -3.8%
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
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
Geodis appoints Maurizio Bortolan as CEO for Italy
Milan
It will coordinate the three business lines Contract Logistics, Freight Forwarding and Road Transport
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.
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
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.
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
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
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
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
Container traffic at the Port of Los Angeles remained stable in August.
Los Angeles
Volumes expected to decline in the remainder of 2025
Meeting between the port authorities of Jacksonville and Livorno
Livorno
Among the objectives, to start one or more direct services between the two ports
Italian State Railways and ENAC sign an agreement for the use of drones in infrastructure monitoring.
Rome
They will also be used to fly over sections of the railway and road network that would otherwise be difficult to monitor.
A.SPE.DO, the port of La Spezia is essential to ensuring employment, development, and a future for the local economy.
La Spezia
Landolfi: We cannot afford to underestimate its value.
The MIT meets with the heads of the Italian AdSPs
Rome
Meeting on the government's strategic vision for the sector and port reform
Yang Ming orders Hanwha Ocean Co. to build seven 15,880 TEU container ships
Keelung
They will be delivered between 2028 and 2029
Over 40 expressions of interest have been received for the development of the Ukrainian port of Chornomorsk.
Kiev
Today the first meeting of the tender commission
The first commercial ship is expected at the public dock in Largo Trattaroli in Ravenna.
Ravenna
The car carrier "AICC Huanghu" is coming soon
Container traffic at the Port of Long Beach decreased by 1.3% last month.
Long Beach
Empty containers are increasing. Full containers are decreasing.
Assiterminal's Terminal Road Show is starting
Genoa
Cognolato: We want to strengthen our ties with local communities and territories.
Assoporti, the Italian ports' cruise offerings presented at the Seatrade Europe fair.
Hamburg
Giampieri: We are leaders in the Mediterranean area and in Europe
Commander Claudio Tomei, USCLAC president from 2012 to 2024, has passed away.
Viareggio
His strong commitment to improving the working conditions of Italian seafarers
In the first quarter of 2025, cargo traffic in Greek ports grew by +1.4%
Piraeus
Passengers down by -1.1%
HD Hyundai Samho Orders Four New Container Ships
Seoul
Order worth approximately 468 million dollars
Trieste: Fraudulent bankruptcy in the shipbuilding sector
Trieste
Investigation into a company based in Palermo
Container traffic in the port of Hong Kong fell by 7.4% in August.
Hong Kong
In the first eight months of 2025 the decline was -3.8%
BigLift Shipping and CY Shipping order two additional heavy lift vessels
Amsterdam
Order placed at Chinese shipyard Jing Jiang Nanyang Shipbuilding Co.
Container traffic at the port of Singapore continued to decline in August
Singapore
Total volume of goods increased by +1.1%
The Charthage ferry was placed under administrative detention in the port of Genoa
Genoa
A Coast Guard inspection found numerous deficiencies
Disney Cruise Line's largest ship's debut delayed by three months
Lake Buena Vista
Construction delays force the maiden voyage to be postponed until March 10th.
Shell to supply liquefied biomethane to Hapag-Lloyd containerships
Hamburg
Agreement effective immediately
Andrea Zoratti has been appointed general manager of Hub Telematica
Genoa
The company is controlled by Assagenti and Spediporto
Jotun and Messina sign agreement to improve the environmental and commercial performance of ships.
Genoa
The "Jolly Rosa" vessel will use the Hull Skating Solutions solution
PSA Genova Pra' announces the hiring of 25 people dedicated to container handling.
Genoa
Ferrari: International markets have changed profoundly
CMA CGM will not apply surcharges for new US taxes on Chinese vessels and Chinese services
Marseille
The rates announced by the USTR in April will apply from October 14th.
South Korean HJ Shipbuilding wins orders for four 8,850 TEU containerships
Busan
Orders with a total value of approximately 461 million dollars
Conference: "Waiting and Delays in Road Transport: Logistics in Check"
Genoa
Organized by Trasportounito, it will be held on September 26th in Genoa
GNV has inaugurated a new office in Barcelona
Barcelona
The company currently has 52 employees throughout Spain.
Port of Trieste: EU funding for two new projects
Trieste
Resources with a total value of 1.7 million euros
Filt Cgil, the Flotilla incident is serious. Dockworkers are ready to mobilize.
Rome
Union announces action if aid is not allowed to reach Gaza
Stena Line to buy Latvian port operator Terrabalt
Gothenburg
It handles rolling stock, bulk cargo, and general cargo traffic in the port of Liepaja.
In the first eight months of 2025, container traffic in the port of Gioia Tauro grew by +10.6%
Gioia Tauro
2,912,943 TEUs were handled
Meyer Turku begins construction of Royal Caribbean's fourth "Icon"-class cruise ship
Miami/Turku
It will be delivered in 2027
More than one in ten maritime shipments has shortages
Washington
This is what a report by the World Shipping Council has revealed, highlighting the safety risks
Last July, traffic in the port of Ravenna increased by +3.8%
Ravenna
In the first seven months of 2025, growth was +5.4%
In the first quarter of 2025, freight traffic in Belgian ports fell by -3.2%.
Brussels
Landings down 1.3% and embarkations down 5.4%
Product tanker High Fidelity rescues 38 migrants on a drifting dinghy
Rome
Intervention in the south of the island of Crete
GES and RINA sign agreement to develop a prototype of a new hydrogen battery
Rovereto/Genoa
PSA's second phase of container terminal at Mumbai Port inaugurated
Singapore
Annual traffic capacity will increase to 4.8 million TEUs
The conference "EU ETS - Perspectives and Opportunities for Decarbonization in the Maritime Sector" will be held in Palermo.
Rome
It will be held on September 18th and 19th
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
Korean Firms Reassess U.S. Investments After Mass Immigration Raid
(The Korea Bizwire)
Russia's infrastructure development plan aims to build 17 marine terminals by 2036
(Interfax)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Fincantieri and PGZ sign an agreement to support the modernization of the Polish Navy
Trieste
The third LSS section for Chantiers de l'Atlantique was launched in Castellammare di Stabia.
In the US, funding for wind energy development projects in ports is being cut.
Washington
Resources worth $679 million will be reallocated for port infrastructure upgrades
From January 1st, Kombiverkehr will operate the PKV intermodal terminal in the port of Duisburg.
Frankfurt am Main
It has a traffic capacity of approximately 200 thousand intermodal units per year.
Wallenius Marine and ABB form Overseas joint venture
Stockholm
The aim is to accelerate the launch of the platform of the same name for improving fleet performance.
The Ministry of Infrastructure and Transport has asked the Region to agree on the appointment of Bagalà as president of the Sardinian Port Authority.
Rome
He is currently the extraordinary commissioner of the same body
DHL eCommerce has acquired a minority stake in Saudi Arabia's AJEX Logistics Services.
Bonn/Riyadh
The Middle Eastern company has two thousand employees
CMPort's port terminals handled record container traffic in the second quarter
Hong Kong
In the first six months of 2025 the total was 78.8 million TEUs (+4.3%)
Confitarma approves the decree on advanced training for tanker seafarers.
Rome
Applause to the General Command of the Port Authority Corps
Quarterly freight traffic in Moroccan ports increases
Tangier/Casablanca
In Tanger Med the growth was +17%
The board of directors of the Genoa-based Ente Bacini has been renewed.
Genoa
President Alessandro Arvigo and CEO Maurizio Anselmo
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