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Independent journal on economy and transport policy
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BRIEFS
August 6, 2012
Sched Netweb site
  • Asia-Europe rate increase short-lived as rates slip 1pc to US$1,710
  • Transpacific August rate hike fails to take hold amid fears of price plunge
  • Hanjin back in Portland after month's avoidance of longshoremen's slowdown
  • Troubled Horizon Lines widens loss to US$29.8 million in second quarter
  • APM T to open Lazaro Cardenas terminal to rival Hutchison's box shop
  • 'K' Line ships' on-time performance improves in second quarter over Q1
  • Nestle sources Vietnam coffee accenting corporate social responsibility
  • Tibet Railway moves petroleum, agricultural goods, building materials
  • Kuehne + Nagel expands services for BMW with Bavarian logistics hub
  • DHL quarterly profit soars 20pc to US$166.7 billion as revenues jumps 7.3pc
  • Complications delay opening of Ahmedabad airport's perishables warehouse
  • Court clears Hawker Beechcraft to discuss sale to China's Superior Aviation

Exim Indiaweb site
AUGUST 3, 2012
  • Govt revises norms for tankers carrying crude oil from Iran
  • Greatships subsidiary delivers Greatship Mamta to buyers
  • Maersk Line's 'fresh' commitment to customers
  • Ashok Leyland expanding its global footprint
  • Exim Club to throw light on investment opportunities in Myanmar today
  • RBI grants reprieve to exporters on foreign exchange earnings
  • Ashok Gadkari retires as Chief Mechanical Engineer of MbPT
  • DP World's container volumes up 7.5 pc in H1
  • Kerala rejects Welspuns Vizhinjam bid
  • Typhoon Saola closes ports in Taiwan, causing severe disruption to shipping
  • Rlys may hike haulage charges for box train operators
  • Core sector growth decelerates to 3.6 pc in June
  • Forex reserves at $ 288.65 bn
  • INR ends week 42 paise lower at 55.76
  • Vigilance Study Circle, Mumbai holds bi-monthly meeting
  • BBC Chartering opens new office in Antwerp
  • Ekin Nakliyat keeps busy with heavy & oversized movements in Turkey
  • PPG wraps up successful annual conference

Marine Logweb site
AUGUST 3, 2012
  • TOTE receives ECA waiver to pursue LNG conversion
  • USCG completes Arctic oil spill recovery exercise
  • Oceanteam refinances two offshore construction vessels
  • Moody's lowers OSG ratings
  • Maersk Line, Limited acquires 3PSC
  • Great Lakes Dredge splashes out at U.S. shipyards

World Wide Shipperweb site
AUGUST 3, 2012
  • Port of Portland opening T-4 to Seaport Celebration event
  • APL ends chassis program in Denver, Salt Lake City
  • Trucking group calling for 'Good Stuff' award nominations
  • BNSF plans to invest $106 million in Washington
  • US rail freight traffic heads up during week

Lloyd's Listweb site
AUGUST 3, 2012
  • Matson seeks to win over new investors
    Exclusive: Newly listed US Jones Act line plans to build on current business model
  • Matson eyes Alaska trades, but is wary of dangers
    Oakland line would be potential buyer if an existing business is put up for sale
  • US line starts to plan for fleet upgrade
    Jones Act carrier Matson will order from US yards
  • Hutchison terminal hits back
    Tanzania International Container Terminal Services, for which HPH holds the concession, has been criticised over container dwell times
  • APMT sets sights on Dar es Salaam
    Netherlands-based terminals division is first to declare its hand publicly for tender
  • DP World plans to build on African port concessions
    Global port group has continent-wide plans to build on its current three port concessions and a stevedoring business
  • Plastic is not fantastic for UK shipping
    Recession highlights dire consequences of flags of convenience for jobs at sea
  • Rotterdam terminal shut-down will see Odfjell losses mount
    Whistleblower slams safety and maintenance at Botlek storage site
  • Comment: Behind the scenes in shipping's top job
    Yang will lead a cast of strong characters who will shape the global maritime industry
  • Introducing the new most powerful man in world shipping
    Yang replaces Li as party boss in China's Ministry of Transport
  • Slack enforcement of safety at Odfjell Terminal Rotterdam has knock-on effect
    Dutch Safety Board launches independent inquiry which has wider implications
  • Macquarie and TTMI developments boost B+H Ocean Carriers' Chapter 11 aspirations
    Convenience of dealing with fewer bankers described as a key benefit in today's climate
  • Europe sees container imports plummet
    Continent's economic woes wreak havoc on inbound volumes
  • Norway's LNG export plant comes back on line
    Boost to vessels serving the plant and to winter freight rates for owners
  • TEN eyes return to profit after slashing losses
    Owner hopes for storage deals for VLCC pair which have hobbled results
  • Diana fixes two panamaxes at $9,250 a day for two years
    Three-year panamax charter contracts hit lowest levels in a decade
  • Capesizes back to square one
    Rates fall on the West Australia to China route as steelmaking demand falters
  • Petrobras books VLCC Amantea for two years
    Time charter fixtures continues to rise in face of dire spot market
  • Israeli group accuses Inmarsat of breaking US sanctions against Iran
    Ultimatum to UK firm to cut communications for Iranian tankers
  • Strike in Colombia threatens coal exports
    Miners have declared force majeure, brokers report
  • Good news for product tankers as Algeria boosts fuel imports
    Mediterranean's small tankers will benefit
  • Romney's house of fun
    Welcome to the presidential hopeful's hall of smoke and mirrors
  • Trials of triangulation
    Baltic Exchange benchmarks understate tankers' true earnings potential
  • Indian owners loath to lift Iranian crude
    SCI and Great Eastern say government-backed P&I replacement lacks clarity
  • Box Ships prefers short periods for unfixed duo
    Owner close to fixing first ship for less than six months but notes charterers can be reluctant to keep it so short
  • Concerns as suezmax fleet grows 5% in first half of year
    Slippage levels lowest of all tanker segments
  • Omega Chapter 11 drama might not be over, say experts
    Junior lenders and unsecured creditors weigh up "significant options"
  • Omega Navigation Enterprises files Chapter 11 reorganisation plan
    George Kassiotis proposes to pump in $2.6m, but junior lenders and former shareholders face wipeout
  • Inmarsat boosted as shipping signs up to broadband
    Company's fifth-generation satellites to go head to head with K-brand providers
  • Titan Petrochemicals says bondholders against liquidation
    Troubled Hong Kong-listed logistics firm has $166m in outstanding bonds

Fairplayweb site
AUGUST 3, 2012
  • APM to invest $12.2Bn
    THE FOUR strategic core businesses of AP Møller-Maersk will get $12.2Bn in investments over the next few years, according to CEO Nils Smedegaard Andersen
  • OSG seen nearing asset sale
    MOODY'S has dropped Morten Arntzen-led OSG deeper into 'junk' territory - and predicted that a sale of non-core assets could be pending
  • TEN narrows losses
    NYSE-listed Tsakos Energy Navigation today reported a sharp drop in losses, as results were buoyed by the higher charter rate for its LNG carrier
  • Trans-Pacific box rates pushing up
    BOX RATES on eastbound trans-Pacific routes have trended up since increases sought by several container lines took effect on 1 August
  • Golar LNG could add six to newbuilding orderbook
    GOLAR LNG could add up to six newbuildings to its orderbook, which already lists a dozen ships to be built, without raising more equity, a shipping analyst said today
  • Horizon's losses deepen
    BONDHOLDER-owned Horizon Lines has reported wider losses but maintained that its liquidity remains "adequate"
  • Beware box 'rates leak'
    A BOX sector "rates leak" is straining the bargaining position of container shipping lines, a senior shipping analyst warned today
  • Capesize owners fear negative rates
    CAPESIZE bulker owners are trying to avoid subsidising voyages amid rising bunker prices, brokers told Fairplay today
  • SMM half-year profits drop 15%
    SEMBCORP Marine said today lower margins from new projects caused a 15% drop in its 1H net profits
  • MMHE's profits fall 30%
    MALAYSIA Marine & Heavy Engineering said today net profits dropped 30% in the second quarter that ended 30 June
  • Product tanker tonnage list tightens
    PRODUCT tanker rates are remaining firm this week, thanks to tight vessel availability and firm naphtha demand
  • September to add VLCC misery
    BROKERS expect VLCC earnings to remain stuck in negative territory for September laycans, as chartering for August nears completion
  • Owners shun PCG deals
    CHEMICAL tanker owners show little interest in bidding for CoAs with Malaysia's PETRONAS Chemicals, brokers told Fairplay today
  • Managers buying HSBC Shipping Services
    HSBC BANK said it has agreed to sell HSBC Shipping Services, which offers shipbroking and consultancy services, to its senior managers
  • STX to import US maize
    SOUTH Korea's STX Corp has signed a memorandum of understanding with compatriot National Agricultural Cooperative Federation to import US maize

The Journal of Commerceweb site
AUGUST 3, 2012
  • CP's Harrison Wants to Speed Up Trains, Improve Terminals
    Canadian Pacific Railway shippers worried that E. Hunter Harrison would immediately push for tighter scheduling can take solace in recent...
  • JOC Trucking Employment Index Rises in July
    The Journal of Commerce Trucking Employment Index rose 0.3 percentage points in July as for-hire motor carriers and other U.S....
  • Transport Employment Rises 1.9 Percent
    Transportation and warehousing employment increased 1.9 percent year-over-year in July, according to preliminary data from the U.S. Bureau of Labor...
  • Short Line Rail Intermodal Volume Up 19 Percent This Year
    North American intermodal growth isn't just driving volume on the major railroads, with the expanding transport mode boosting traffic 19...
  • YRC Worldwide's Welch: 'We're Still Not Satisfied'
    It's been a long time since "YRC Worldwide" and "profit" could be mentioned in the same breath. Although the troubled...
  • Ryder Europe Completes Aquisition of UK's Euroway
    Ryder Europe said it has completed the acquisition of Euroway, a U.K.-based truck rental and fleet management company. The...
  • Baltimore Builds Growth in Container Cargo
    The volume of containers handled by the Port of Baltimore declined 2.8 percent in June from the same month...
  • Shipping Rate, Surcharge Update for Week of July 30 - Aug. 3
    Singapore-based container carrier APL plans to impose "operational cost recovery surcharges" on all shipments moving through ports in Saudi Arabia. The carrier will...
  • A.P. Moller-Maersk Strategy Paying Off, CEO Says
    A.P. Moller-Maersk's five-year plan of focusing on four core strategic businesses is already paying off, according to Group CEO Nils...
  • YRC Worldwide Earns Operating Profit
    Trucking giant YRC Worldwide reported an operating profit of $15.5 million in the second quarter while cutting its net loss...
  • IAG Cargo Revenue Slips 0.3 Percent
    Cargo revenue at International Airlines Group, the merged British Airways-Iberia carrier, stalled in the second quarter as strong growth at...
  • All Nippon Airways Back in the Black
    All Nippon Airways Co. posted a group net profit of $7.59 million in the first quarter of fiscal 2012, which...
  • APL Ends Chassis Service in Denver, Salt Lake City
    APL said Friday it is no longer providing chassis as part of its container transport services in Denver and Salt...
  • IJS Global Opens DC for Novartis
    IJS Global opened a dedicated warehouse in the Philippines to handle the logistics needs of Novartis Animal Healthcare. ...
  • Typhoon Shuts Taiwanese Ports, Airports
    Transportation infrastructure ground to a halt and at least one person was killed as Typhoon Saola made landfall in eastern...
  • Hanjin Reverses First Quarter Loss
    Hanjin Shipping, riding strong gains in container volume and revenue, climbed back into the black in the second quarter. ...
  • Commentary: A National Port Vision? Really?
    I actually laughed after reading that Sen. Lindsay Graham, R-S.C., viewed the recent release of an Army Corps of Engineers...
  • Commentary: Carrier Changes Shaking Up Parcel Markets
    When UPS last spring agreed to acquire TNT Express for $6.6 billion, the deal reverberated throughout global express and parcel...
  • Commentary: US-Canada Border War, Eh?
    My Canadian friend on the phone sounded mystified. He'd read the Federal Maritime Commission's report on cross-border container shipments, and...

Containerisation Internationalweb site
AUGUST 3, 2012
  • Freightliner diverts to avoid Olympics grand show
    At the halfway stage of the 2012 London Olympics, today is expected to be the busiest day so far as the track and field athletes join the stage of the 'biggest ...
  • Horizon's H1 loss widens
    Charlotte [NC]-headquartered Horizon Lines has seen its net loss widen and operating profit EBITDA fall for H1 2012; nevertheless drilling down in to the Q2 results, ...
  • APL rolls out third-party US chassis model
    APL launched its third party provider chassis model in two different regions in the US this week - and after trials in these areas it is planning to launch the ...
  • Tropical's profits down in Q2 12
    Riviera Beach (FL)-based Tropical Shipping has seen operating losses widen in Q2 12 compared with the corresponding period of 2011, with the USD4 million deficit ...
  • US - Mexico the highlight as NAFTA trade up 8.3%
    Trade using surface transport between the countries of the trilateral trade bloc [NAFTA] - Canada, Mexico and the US - rose year-on-year by 8.3% in May to total ...
  • Santos sees its box count rise in H1 12
    Santos, which is Brazil's largest box port, handled 8% more containers in H1 12 than it did in the corresponding period of 2011 with just under 1.5 million TEU ...
  • MSC Flaminia: salvors unable to board
  • Dar es Salaam starts its 'one-stop-centre'
    In a determined bid to improve cargo transfers through the port, Tanzania's largest port, Dar es Salaam has taken action to consolidate 11 different government ...
  • Royal Navy 'protect' Hapag boxship
    A Hapag-Lloyd containership operating on the German liner's Indamex [USEC - Indian sub-continent] service appreciated the protecting arm of two Royal Navy minehunters ...

TradeWindsweb site
AUGUST 3, 2012
  • Kassiotis to the rescue
  • OTS mints debt deal
  • GLDD's game changer
  • Tsakos soars
  • DVB dodges wounded Knight
  • HOS sell-off overblown
    Credit Suisse has cooled fears about a post-results crash in the share price of Hornbeck.
  • Rena win for Resolve
    American salvor Resolve Marine has won the hotly contested contract to remove the wreck of the Costamare containership Rena.
  • Titans team up
    Tufton Oceanic has emerged as a partner for Blackstone Group in its swoop for a fleet of tankers from Hartmann Group.
  • Jasa reels in Exxon
    Malaysia's Jasa Merin has won more charter work from ExxonMobil for its offshore vessels.
  • Platou cuts Capital
    RS Platou Markets has cut its rating on Capital Product Partners despite its impressive second quarter showing and balance sheet workout.
  • Horizon extends red run
    Horizon Lines posted improved second quarter sales thanks to higher volumes but expenses dragged the company well into the red.
  • Kyoei confident after Q1
    Japanese owner banking on a return to profit this year after stronger start this time around.
  • Stressed not distressed
    We take a look at what was said in the market over the last week.
  • Big John buying again
  • SBM inks $1bn loan
    SBM Offshore has secured a mammoth bank loan to finance an FPSO conversion backed by a charter with Brazilian giant Petrobras.
  • Matson in stronger quarter
    Matson Navigation, the US liner company, has seen a healthy increase in both revenues and operating profits.
  • Miclyn seals Aussie deal
    Miclyn Express Offshore has won work to support construction activities on Australia's expanding LNG sector.
  • Wanted: white knight
    Wall Street is starting to doubt Knight Capital Group's ability to recover from the $440m hit linked to a computer glitch that impacted dozens of stocks listed on the New York Stock Exchange Wednesday morning.
  • Genco jumps on waivers
    Investors have given a big thumbs up to the debt restructuring agreed between Genco Shipping & Trading and its lenders.

American Shipperweb site
AUGUST 3, 2012
  • APL ends chassis provisioning in Denver, Salt Lake City
    This is the first phase of the Singapore-based container carrier's plan to withdraw from chassis provisioning throughout the United States. In the future, it said motor carriers will provide chassis as part of their drayage services.
  • FEC hauls fill for S. Florida runway expansion
    FEC is operating a single train to deliver aggregate from a quarry near Miami every morning on a dedicated rail spur specially built for the project and is expected to add a second train every evening by Aug. 13 or sooner.
  • ABF lawsuit against YRC, Teamsters dismissed
    The lawsuit, in which ABF claimed subsidiaries of YRC Worldwide and the Teamsters violated the National Master Freight Agreement, was dismissed by Judge Susan Webber Wright of the U.S. District Court for the Western District of Arkansas.
  • Horizon reports $46 million loss, but revenue rises
  • UPS slips on new sorting scanner
    The express carrier hopes the wearable devices will speed up the time to load packages into vehicles. The technology is also aimed at getting package updates into the system faster.
  • CEVA says results reflect 'difficult quarter'
  • Xata Turnpike integrates with TMWSuite
  • Guam/China business helps Matson offset weak Hawaii market
  • Old Dominion drives record first half
  • Crowley fined $17 million for Puerto Rico price-fixing
  • Maersk Line, Ltd. completes 3PSC buy
  • Oxfam replaces charity supply chain system
  • HSBC sells shipping unit
  • Caterpillar completes 3PL sale to Platinum Equity
  • Swissport adds business in Amsterdam
  • St. Lawrence Shipoperators picks new chairman
  • Panjiva product aimed at maritime
  • Bill introduced to help U.S. cotton shirt makers
  • Segal elected ASTL chairman
  • Congress passes textile trade provisions

The Bunker Bulletinweb site
AUGUST 3, 2012
  • Global bunker fuel prices maintains stable trend
    Global bunker prices remained relatively stable throughout the week, according to Bunkerworld data.
  • Bunker prices end week mostly firm
    Trading was heavy on the US Gulf, says local trader.
  • Salvage work to begin on Rena's bow
    Details of how the salvage will proceed have not been released yet due to a confidentiality agreement with the ship's owners.
  • Tsakos Energy posts improved Q2 results
    According to the company there was considerable relief in the form of reduced bunker costs for spot vessels and reduced consumption.
  • Canadian government sets deadline for Northern Gateway project report
    Deadline for environmental assessment and report on the Enbridge Northern Gateway pipeline project set.
  • Horizon Lines reports Q2 financials
    Company highlights fuel surcharges as part of reasoning for revenue improvement.
  • Inspectors to visit closed Rotterdam terminal
    Safety concerns aired on Dutch TV are said to have prompted the shutdown.
  • Fuel oil prices continue upward trend in Fujairah
    Upward trend in region with 380 cSt material in Suez up by double digits.
  • Week closes with firm market in Rotterdam
    Prices in the main European bunker port stuck to their upward trend.
  • Maersk boss sees green shoots of recovery
    Andersen says container arm will be in 'much stronger position' in a year's time.
  • Demand for OPEC oil to stay steady
    Spare capacity sufficient for small disruptions in supply over the next five years.
  • Mobil expands New Zealand storage
    Growing demand for bunker fuel behind the move.
  • Singapore supply to stay tight, say traders
    Firm timespreads indicate supply crunch more likely.
  • Higher fuel surcharges prop up Matson's revenues
    Posts higher revenues but profit fall due to higher taxes and losses from discontinued operations.
  • Week ends with bunker prices at Asian ports largely up
    Supplies of bunkers were fine at major Asian ports on Friday.
  • Bank upgrades NOL rating on lower bunker prices
    DBS Vickers expects NOL's results to improve in the second quarter.
  • Pacific Basin plunges into the red
    Losses blamed on vessel impairments and bunker derivative expenses.
  • Chemoil buys into lube trading firms
    Pays a total of $16.4 million for stakes in two firms.
  • US economy has little to fear from IMO GHG policy
    The policy will cause 'limited additional expenditures' for shipping industry, says study.
  • Bondholders don't favour Titan wind-up move
    Poll shows an 'overwhelming proportion' of noteholders do not support the petition.
  • Chimbusco branch supplies largest stem
    Transaction marks 'a new chapter for mutual comprehensive cooperation' with Maersk, it says.

›››File
FROM THE HOME PAGE
Jeremy Nixon will hand over his position as CEO of Ocean Network Express to Till Ole Barrelet on July 1st.
Singapore
The German manager comes from Emirates Shipping Lines
The first three electric gantry cranes have been installed at the new intermodal terminal in Milan Smistamento.
Milan
At full capacity it will be able to handle up to 44 trains per day
Hong Kong government protests PPC's removal from Panamanian ports
Hong Kong/Beijing
Beijing government spokeswoman stressed that China will firmly protect the rights and legitimate interests of its companies.
European transport associations call for the CEF to be allocated at least €100 billion
Brussels
Chronic underfunding and financial shortfalls are lamented
The Panamanian government assigns the transitional management of the port of Balboa to APM Terminals and the port of Cristóbal to TiL
Hong Kong/Panama
CK Hutchison Holdings denounces the illegality of the terminal seizure and confirms the possibility of legal action.
Panamanian government seizes assets and equipment at the ports of Balboa and Cristóbal
Panama
The Panama Ports Company of the CK Hutchison group has been removed from the management of the two ports
Statement by rail and intermodal transport associations against gigaliners on European roads
Brussels
The current positions of the EU institutions - they denounce - all include elements that risk opening the door to a widespread diffusion of these vehicles.
The mandate of the EuNavFor Aspides mission has been extended until 28 February 2027.
Brussels
A budget of almost 15 million euros has been approved
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
The EU-ETS Observatory of Puertos del Estado confirms the risk of loss of container traffic share of European ports
Madrid
Santana: We believe that some aspects of the ETS should be monitored and, where necessary, revised.
Tidewater acquires Brazil's Wilson Sons Ultratug Participações for $500 million.
Houston
It has a fleet of 22 Platform Supply Vessels
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Trump attempts to circumvent the Supreme Court ruling by introducing temporary tariffs
Washington/Suitland
An executive order confirming the suspension of the "de minimis" regime was also signed.
Slight growth in freight traffic in the port of Ancona in 2025
Ancona
Rolling stock slightly down. Passenger numbers significantly down.
Construction of the cruise terminal at Molo San Cataldo in Taranto will begin in October.
London
Global Ports Holding invests over €4.5 million
One dead and four injured on board the cruise ship World Legacy (formerly Moby Zaza )
Singapore
A fire broke out on the unit
SBB CFF FFS Cargo has sold 31 locomotives to Nordic Re-Finance
Bern
The Swiss company plans to equip itself exclusively with vehicles produced by Stadler Rail Valencia by 2035.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Last year, freight traffic in the port of Hamburg grew by 2.6 percent.
Hamburg
Containers boosted the growth. Volumes remained stable in the fourth quarter alone.
In the fourth quarter of 2025, the DFDS Group recorded a net loss of DKK -286 million.
Copenhagen
Last year, cargo traffic in Montenegro's ports grew by 1.6%.
Podgorica
Cargoes to and from Italy alone increased by +64.6%
To APM Terminals the 37.5% of the Southern Container Terminal of the port of Jeddah
The Hague/Dubai
DP World will keep the remaining 62.5%
Continues the bending of the traffic of the container in the port of Los Angeles
Los Angeles
In January decrease of -12.1%. Bown: the state of exports to China seems bad
In the fourth trimester of the 2025 the traffic of the goods in the port of Civitavecchia is increased of +8.6%
Civitavecchia
In the whole year growth was +3.1%
Samskip sells marine and logistic services with the United Kingdom and Ireland to the CLdN
Luxembourg/Rotterdam
The agreement includes rental agreements for over 5,000 multimodal load units
The Antitrust has reopened the procedure on the concentration between the Ignazio Messina & C. and the Terminal San Giorgio
Rome
The International Chamber of Shipping against the new harbour taxes programmed by the US government
Washington
Necessary - the association emphasizes - carefully coordinated political solutions
Norwegian Cruise Line Holdings orders three new ships from cruise to Fincantieri
Miami/Trieste
They are destined to the companies Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises
Hapag-Lloyd and ZIM agreed on a merger agreement
Haifa/Hamburg
The German company will pay up to $2.5 billion
America's Maritime Action Plan proposes a new tax on foreign-built ships from any nation entering U.S. ports.
Washington
It would be used to fund the new Maritime Security Trust Fund
Hapag-Lloyd to acquire Israeli ZIM
Hamburg
The German company will be responsible for international operations, while those in and with Israel will be assigned to the Tel Aviv-based private equity firm FIMI Opportunity Funds.
Sultan Ahmed bin Sulayem leaves DP World after Epstein's involvement
Dubai
It Kazim appointed president and Yuvraj Narayan managing director
Eurogate and APM Terminals will invest a billion euros for the development of the North Sea Terminal Bremerhaven
Bremen/The Hague
CK Hutchison threatens appeals against APM Terminals if it will assume the management of the Panamanian ports of Cristóbal and Balboa
Hong Kong
Tomorrow will be inaugurated the new container terminal of transhipment of Damietta
Bremen/Melzo
Its ability to annual traffic will rise up to 3,3 million teu
Fincantieri presents an industrial plan that foresees the doubling of the production capacity of military vessels in Italian shipyards
Milan
For civil production, a reallocation of volumes to Romanian shipyards and an expansion in Vietnam are planned.
Fincantieri and Generative Bionics sign agreement to develop humanoid welding robots.
Trieste/Genoa
The first tests at the Sestri Ponente shipyard are scheduled for the end of this year
Slight increase in annual freight traffic handled by Croatian ports
Zagreb
Sharp drop in dry bulk offset by increase in liquid cargoes and record containers
The Grendi group expects to close 2025 with a record turnover of 158 million euros (+33%)
Genoa
Revenues increased by 10%, net of the effect of the acquisition of Dario Perioli.
South Korean HMM's quarterly and annual performances were negative.
South Korean HMM's quarterly and annual performances were negative.
Seoul
In 2025 the container fleet transported 3.94 million TEUs (+3.2%)
Offer to acquire European express courier InPost
Amsterdam/Luxembourg
It was submitted by a consortium comprising Advent International (37%), FedEx (37%), A&R Investments (16%) and PPF Group (10%)
Transocean and Valaris sign merger agreement
Steinhausen/Hamilton
The new company will have a fleet of 73 offshore vessels, including 33 ultra-deepwater drillships
Hapag-Lloyd expects to close the 2025 financial year with a 61% decline in operating profit.
Hamburg
Record loads transported by the fleet, growing by +8%.
FS establishes a company specializing in transport and infrastructure consultancy
London
The new company is based in London
Maritime traffic in the Suez Canal fell by 3.4% last year.
Maritime traffic in the Suez Canal fell by 3.4% last year.
Cairo
Growth of +9.0% in the fourth quarter alone. In December, transits increased by +13.1%.
The simplification law, rather than making things easier, complicates the lives of ship captains and burdens them with additional operational and legal responsibilities.
Genoa
BYD and Automar reach agreement for vehicle traffic through the port of Gioia Tauro.
Schiedam
The goal is to serve the central-southern Italian market.
Maersk Group announces 15% ground-based job cuts
Maersk Group announces 15% ground-based job cuts
Copenhagen
The quarterly and annual financial results are impacted by the reduction in the value of maritime freight rates.
In 2025, container traffic in the ports of Genoa and Savona-Vado Ligure reached a historic record of almost three million TEUs
Genoa
Cruise passengers increased by 6.1%; ferry passengers decreased by 4.0%.
Busan Port has again set its all-time record for annual container throughput.
Busan
Last year the total was 24.88 million TEUs (+2.0%)
Panama Ports Company has initiated arbitration proceedings against the Republic of Panama
Panama
Extensive damage reported and state authorities' reluctance to respond to repeated requests for confrontation
In 2025, freight traffic in Sardinia's ports grew by +3.0%
Cagliari
Slight decline in cruise passengers contained by the launch of home ports in Cagliari and Olbia
Freight traffic in the port of Barcelona to remain stable in 2025
Barcelona
In the fourth quarter alone, 16.7 million tonnes were handled (+4.5%)
Maersk and Hapag-Lloyd bring back India/Middle East-Mediterranean service via Suez
In 2025, ships transiting the Panama Canal increased by +14.1%
In 2025, ships transiting the Panama Canal increased by +14.1%
Panama
The ports of the Central American nation handled 9,915,357 containers (+3.6%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Last year, container traffic in the port of Tangier Med reached a record 11.1 million TEUs (+8.4%)
Anjra
New all-time high in total goods
In 2025, Turkish ports handled a record traffic of 553.3 million tonnes of cargo (+4.0%)
Ankara
Container traffic in Italy reached a new all-time high of 678,715 TEUs (+9.8%). Ship traffic through the Bosphorus Strait declined.
APM Terminals will take over the interim management of the Panamanian ports of Cristóbal and Balboa.
Panama
President Mulino urged Panama Ports Company to cooperate fully in view of this new phase
New crop of historic records harvested by Chinese ports
New crop of historic records harvested by Chinese ports
Beijing
In 2025, maritime ports handled 11.63 billion tons of goods (+3.7%)
PPC denounces the contradictory nature of the ruling by the Supreme Court of Justice of Panama with respect to the current legal framework
Balboa
The company does not exclude the possibility of resorting to national and international legal action
Lukoil signs agreement with US-based Carlyle to sell the Russian group's international assets
Fly
The transaction will need to be authorized by the U.S. Office of Foreign Assets Control.
Panama's Supreme Court of Justice declares the law on the concession contract with the Panama Ports Company unconstitutional.
Panama
Last year, PPC port terminals handled 3.9 million containers
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Royal Caribbean Cruises has ordered two new cruise ships from Chantiers de l'Atlantique with options for four more
Miami
New orders for ten new river vessels are planned. A record financial year.
CMA CGM establishes a joint venture with Stonepeak to which it will contribute ten container terminals
New York/Los Angeles
The American company will own 75% and 25% of the shares, respectively. It will invest 2.4 billion dollars.
German rail freight companies reject 37% increase in train path prices
Berlin
Die Güterbahnen urges the Minister of Transport to present the promised reform of the fare system
FS Logistix increases weekly rotations on the Duisburg-Milan railway line from six to ten
Milan
Two daily connections are made in each direction
In the fourth quarter of 2025, freight traffic in the port of Antwerp-Zeebrugge decreased by -4.9%.
Antwerp
For the whole year the decline was -4.1%
Valletta Cruise Port records record annual cruise traffic
London
In 2025, there were 963 thousand passengers (+2.3%)
Evergreen invests up to nearly $1.5 billion in the construction of 23 container ships
Taipei
Seven 5,900 TEU vessels have been ordered from Jiangsu New Yangzi Shipbuilding and 16 3,100 TEU vessels from CSSC Huangpu Wenchong Shipbuilding.
In 2025, Spanish ports handled a record container traffic of almost 19 million TEUs
Madrid
New historic highs also for conventional goods and passengers
First container transhipment operation in an Algerian port
First container transhipment operation in an Algerian port
Algiers
It happened on Sunday at the port of Djen Djen
Truckers from Serbia, Bosnia and Herzegovina, Montenegro, and North Macedonia block borders
Belgrade
Week-long protest against the EU's new entry/exit system
Resumption of attacks against ships in the Red Sea region threatened
Tehran
They would be implemented in response to an escalation of US and allied military actions in the region.
New annual record for maritime traffic in the Straits of Malacca and Singapore
New annual record for maritime traffic in the Straits of Malacca and Singapore
Port Klang
Last year, for the first time, over 100,000 ships passed through
New record of sailors abandoned by shipowners
London
In 2025, 6,223 crew members from 410 ships were abandoned
Two FMC commissioners call on the US government to take action against Canadian and Mexican ports
Washington
Enforcement of provision aimed at preventing freight carriers from evading the Harbor Maintenance Fee urged
A Livorno port pilot loses his life in a collision
Livorno
The dynamics of the accident are still under investigation.
Study on alternative marine fuels as potential marine pollutants and the effectiveness of response measures
Lisbon
It was commissioned by the European Maritime Safety Agency
The first in-person meeting of the international working group "Cruises & Port Cities" will take place in Taranto.
Taranto/La Spezia
Pisano (AdSP Liguria Orientale): the relationship between the city and the port is strategic, particularly in relation to cruise traffic
G20 merchandise trade trend to fluctuate in the fourth quarter of 2025
Paris
Trade in services is growing
Extension of incentives for rail freight shunting in ports
Rome
Paper (Fermerci): the sector, however, continues to suffer as demonstrated by the overall data for 2025
MPC Container Ships revenues decreased by -4.3% in 2025
Oslo
Net income was $236.4 million (-11.4%)
Saipem has been awarded a further offshore contract in Saudi Arabia
Milan
Order worth approximately 500 million dollars
The new offices of the Eastern Sicily Port Authority have been inaugurated in the port of Pozzallo.
Pozzallo
Contract worth approximately 750 thousand euros
Finmar appointed agent in Italy for United Global Ro-Ro
Genoa
Two services scheduled with stops at the port of Genoa
Contract awarded for the expansion of the San Cataldo Pier in the port of Bari
Bari
They will be carried out by the Rti Fincantieri Infrastructure Opere Marittime, Boskalis Italia, Zeta and e-Marine
The digital registry of maritime workers and the digital navigation booklet are law
Genoa
Article 11 of Legislative Decree 19/2026 establishes AGEMAR
DB Cargo plans to cut around 6,000 jobs
Berlin
Negotiations with employee representatives to begin soon
In 2025, containers transported by RCL's fleet increased by +8.8%
Bangkok
Revenues from this activity grew by +5.2%
Regarding Tardini's nomination as president of the Western Sicily Port Authority, Salvini and Schifani have (for now) buried the hatchet.
Palermo
Annual container traffic grows by 5.4% at HHLA port terminals
Hamburg
Record revenues expected at 1.76 billion euros (+9.9%)
Container traffic at the Port of New York is expected to grow by 2.3% in 2025.
New York
Significant increase in full containers for export
Politics and Assiterminal celebrate the extension of the port bonus
Rome/Genoa
Ferrari: understood the value of the planning behind the reformulation of the law
Container traffic at the port of Hong Kong decreased by -3.2% in January
Hong Kong
1.13 million TEUs were handled
Costamare secures $940 million in revenue from the charter of 12 container ships
Monk
CMA CGM has ordered six 1,700 TEU LNG containerships from Cochin Shipyard.
Marseille
By the end of the year, the number of Indian seafarers on board the French group's ships will rise to 1,500.
Cargo traffic at the port of Singapore grew by 13.0% last month.
Singapore
Containers amounted to 3,892,370 TEUs (+11.3%)
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
Britta Weber has been appointed as the new chief executive officer of the Hupac Group.
Noise
He is the current vice president of UPS Healthcare for Europe and Asia.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Saipem to acquire mobile offshore drilling unit for $272.5 million
Milan
Agreement with Norwegian Deep Value Driller
The 59th edition of the San Giorgio Award will be held in Genoa on February 20th.
Genoa
The Targa San Giorgio will be awarded to Gian Enzo Duci
Filt Cgil appeals against Cartour's authorization to carry out lashing and unlashing operations.
Medlog inaugurates a logistics park at Dammam's King Abdulaziz Port
Geneva
It occupies an area of over 100 thousand square meters
Manageritalia and Assologistica sign the renewal of the Ccnl managers of the logistics
Rome
Monthly gross earnings increase at 750 Euros in three tranche
Subscribed a binding agreement for the acquisition of Qube by Macquarie Asset Management
Sydney
It was unanimously approved by the Australian logistic group Cda
Meyer Turku completed the design of a cruise ship to zero net emissions
Turku
The main fuel is biomethanol
Last year the turnover of Kalmar grew by +1%
Helsinki
Operating income, net profit and new orders in increase respective of +26%, +28% and +8%
Terminal Investment Limited puts hands on the Peruvian port of Pisco
Lima
Acquired the Portuario de Paracas Terminal
Assagenti urges a more constant and timely information on the progress of the work of the new dam of Genoa
Grimaldi has taken delivery of the Grande Michigan
Naples
It is the eighth Pure Car and Truck Carrier ammonia ready of the Neapolitan group
Meeting between the presidents of the Maritime Federation and Assoporti
Rome
Mario Mattioli and Roberto Petri addressed the main issues of the maritime cluster
Morocco's Marsa Maroc participates in the development of the port of Monrovia
Casablanca
Contract for the management of two docks and the construction of a multipurpose terminal
South Korea's Pan Ocean buys ten VLCCs from compatriot SK Shipping
Seoul
Transaction valued at approximately $668 million
Stefano Messina has been confirmed as president of Assarmatori
Rome
He will also lead the shipowners' association in the four-year period 2026-2030
Roberto Mantovanelli has been appointed Secretary General of the Northern Adriatic Port Authority.
Venice
The 2026-2028 Three-Year Operational Plan for the Ports of Venice and Chioggia has been approved.
In 2025, Albanian ports handled a record traffic of 8.2 million tons of goods (+6.2%)
Tirana
A new peak in passengers also amounted to 1.7 million units (+6.4%)
WASS (Fincantieri) has been awarded a contract by Saudi Arabia for the supply of lightweight torpedoes
Trieste
The order is worth more than 200 million euros
Oxin (Somec) awarded a major order for the construction of kitchen, pantry, catering and bar areas for two cruise ships
San Vendemiano
The value of the order is 53 million euros
Sogedim launches a daily service between Carpi and Campogalliano/England
Carpi
Daily shuttle departing from the logistics hubs of Campogalliano, Carpi and Prato
Danaos Corporation reports record quarterly and annual revenue.
Athens
Profits are falling
CPPIB and OMERS are considering selling their 67% stake in Associated British Ports.
London
Maersk orders eight 18,600 TEU dual-fuel containerships
Copenhagen
Built by New Times Shipbuilding Co., they will be delivered between 2029 and 2030.
PaxOcean opens new shipyard in Singapore
Singapore
It occupies an area of 17.3 hectares
The largest container ship ever arrived in the port of Trieste
Trieste
Port of call of the "MSC Diana" which has a capacity of approximately 19,000 TEUs
Antin Infrastructure Partners acquires U.S. shipbuilder Vigor Marine Group
New York
It has shipyards in Seattle, Portland, Vancouver, San Diego and Norfolk
In 2025, Moroccan ports handled a record traffic of 262.6 million tons of goods (+8.9%)
Rabat
Transhipment equal to 50.5% of the total
Yang Ming deploys first of five 15,500 TEU dual-fuel LNG vessels on Asia-Mediterranean route
Keelung
It will be used in the MD2 service
Study highlights challenges for LNG containerships in complying with future cold ironing connection requirements
Berlin/Hamburg
Fincantieri and Wsense reach agreement to offer cutting-edge underwater systems
Trieste
Co-development of advanced wireless technology solutions planned
Study finds high levels of persistent organic pollutants caused by shipbreaking activities
Brussels
Port of Livorno: tender for ship-generated waste management begins
Livorno
The expected value of the contract is over 40 million euros
DSV revenue and profits impacted by Schenker acquisition
Copenhagen
In 2025, turnover grew by +48.0%
Wärtsilä reports significant growth in quarterly and annual results for the Marine segment
Helsinki
The Finnish group's new orders acquired in 2025 remain stable.
Dutch company Portwise has been bought by its compatriot Haskoning
Rijswijk
The company offers solutions for optimizing terminal operations through automation and electrification
Construction of the first of six container ships for Italia Marittima has begun in China.
Trieste
The ships, which will be able to use traditional fuel and methanol, will have a capacity of 2,400 TEUs
In the Strait of Hormuz, armed vessels ordered a US tanker to stop
Southampton/London
GTS announces new rail services between the port of Genoa and central and southern Italy.
Bari
Connections via the Segrate Milan terminal
Kuehne+Nagel expands CargoCity South at Frankfurt Airport
Schindellegi
A new facility will be completed and taken over at the end of 2028
The number of dual-fuel vessels employed by liner shipping lines is set to double by 2025
Washington
Currently, 74% of the order book consists of units of this type
AD Ports signs agreement to build and operate multipurpose terminal at Matadi Port
Abu Dhabi/Kinshasa
Relaunch of the Banana Deepwater Port Construction Project
Confitarma: The Revenue Agency's position risks having serious repercussions on Italian seafarers' employment.
Rome
Bucchioni appointed pro tempore president of the Association of Freight Forwarders of the Port of La Spezia
La Spezia
The tender for the development of the shipbuilding hub in the port of Ancona has begun.
Ancona
The AdSP Management Committee has approved the call for tenders
ONE's quarterly financial performance declines further
Singapore
The volume of containerized cargo transported by the fleet remains stable
Laura DiBella's nomination for FMC presidency has been signed.
Washington
His term will expire on June 30, 2028.
Port of Singapore saw record bunker deliveries in 2025
Singapore
PSA-MOL joint venture to manage a new ro-ro terminal
The port of Taranto was visited by a delegation from the Japanese FLOWRA
Taranto
The association brings together 21 of the main Japanese energy players
ABB's new orders in a quarter exceed $10 billion for the first time.
Zurich
Growing demand in the maritime, port and railway sectors
In the United States, MSC was fined a total of $22.67 million
Washington
The Federal Maritime Commission has released the results of an investigation
Signal Ocean has acquired AXSMarine
Paris/London
The company offers web platforms to support the ship charter sector
CSC Vespucci and Livorno Reefer will form a single platform dedicated to fruit and vegetable and exotic products in the port of Livorno
Livorno
Livorno Reefer to acquire stake in CSC
Stena RoRo has placed an order for two ro-ro vessels in China with options for four more.
Gothenburg
They were designed in cooperation with the Italian Naos
Shanghai Zhonggu Logistics Co. to Order Four New 6,000-TEU Containerships
Shanghai
The order will include options for two additional vessels
UPS revenues decreased by 2.6% in 2025
In the last quarter alone, a decrease of -3.2% was recorded
ICS has published its periodic analysis of flag state performance
London
Michail Stahlhut will step down as CEO of Hupac in May
Noise
Bertschi: Under his leadership, the company's position as a leading provider of combined road/rail transport in Europe has been strengthened.
Members of the Ravenna Marine Resource Partnership Body have been appointed.
Ravenna
It will meet for the first time on February 4th and will remain in office for four years
Messina (Assarmatori): MIT's decree on cold ironing is a good thing.
Rome
This is a fundamental step - he underlined - to ensure that the electrification of the platforms is actually usable.
Contship has joined the Digital Container Shipping Association's DCSA+ program.
Melzo
Among the goals, improving the efficiency of terminal operations, the accuracy of planning and collaboration with shipping companies.
The Argentine Port Workers' Federation threatens a strike at national ports.
The Silver
Action in support of workers at the port of Concepción del Uruguay
In 2025, freight traffic in the port of Taranto grew by +0.8%
Taranto
In the last quarter alone, a decrease of -22.6% was recorded
Last year, container traffic in the port of Valencia grew by +3.4%
Valencia
5,662,661 TEUs were handled
Fincantieri wins Italian Navy contract to enhance naval vessels' cyber resilience
New facility in Charleston for the production and testing of marine power and propulsion systems
Arlington
It was inaugurated by Leonardo DRS, a subsidiary of the Italian Leonardo
Project to strengthen maritime and port cybersecurity
Brest/Brussels/Rome
The partners are France Cyber Maritime, FEPORT and the Federation of the Sea
Container traffic at the Port of Los Angeles fell by 10.6% in the last quarter of 2025.
Los Angeles
A decrease of -0.6% was recorded for the whole year
In the first six months of operation InnoWay Trieste produced 170 railway wagons
Trieste
The construction of 600 units is planned in Bagnoli della Rosandra in 2026
Ferretti rejects KKCG Maritime's partial and conditional voluntary takeover bid.
Milan
Strong confidence in the company's long-term strategy reaffirmed
Haropa Port sets new container traffic record
Le Havre
Last year, overall freight traffic increased by +2%
Decio Lucano, the dean of shipping journalists, has passed away.
Genoa
His paper adventures are countless, including "Vita e Mare" and "TMM", but also digital with "DL News"
Marsa Maroc orders 106 electric terminal tractors from Terberg
Benschop
They will be employed in the port of Nador West Med
Contargo acquires 50% of Cargo-Center-Graz Logistik
Mannheim
The German company extends its intermodal network to the Adriatic ports of Koper and Rijeka.
A single binding offer from Dubai for the purchase of the Venice Ro-Port Mos
Venice
The company manages the terminal for the motorways of the sea and cruises in Fusina
The Port of Long Beach handled record container traffic in 2025
Long Beach
In the last quarter, a decrease of -8.8% was recorded
HMM to introduce AI-based autonomous navigation solutions on 40 vessels
Seoul
Contract with Avikus and agreement with KSOE
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
Filt Cgil, meeting on the importance of Article 17 of Law 84/94
Rome
It will be held tomorrow in Rome at the Frentani Congress Center
A conference on congestion in the North West logistics system will be held in Genoa on January 19th.
Genoa
It will be held at the Transparency Hall of the Liguria Region
››› Meetings File
PRESS REVIEW
Auction of megaterminal in Santos may be postponed due to deadlock within the Federal Government
(A Tribuna)
East Port Said Port faces a new challenge with Europe's carbon rules for shipping
(EnterpriseAM)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Two new rail connections to Germany from the Padua Interport
Padua
They are operated by InRail and LTE Italia
Intersea has become the general agent in Italy for the Portuguese GS Lines
Genoa
The shipping company is part of Grupo Sousa
MSC and Qatari company Maha to develop and manage the Libyan port of Misurata
Paris/Misurata
An investment of 1.5 billion dollars is expected
F2i has been awarded the concession for the Lavagna tourist port
Milan
The concession contract will have a duration of 50 years
Eni launches the hull of the Coral North FLNG
Geoje/San Donato Milanese
It will be used offshore Cabo Delgado, north of Mozambique.
Laghezza has acquired a logistics warehouse in Sarzana
La Spezia
The aim is to establish a local hub for local production activities.
The Red Sea Container Terminal at the Egyptian port of Sokhna has been inaugurated.
Sokhna
It is operated by a joint venture of Hutchison Ports, COSCO and CMA Terminals
The GNV Altair ferry has joined the GNV fleet
Genoa
It has a capacity of 2,700 passengers and 915 linear metres of rolling stock.
Ignazio Messina & C. has acquired full control of Thermocar
Genoa
The Genoese company operates in the temperature-controlled refrigerated container logistics sector.
Maersk confirms resumption of MECL transits through the Suez Canal
Copenhagen
The line connects India and the Middle East with the US East Coast
Genco's board of directors rejected Diana Shipping's acquisition proposal.
New York/Athens
The American company, however, leaves a glimmer of hope by admitting the validity of the merger
MSC will include the port of Trieste in the Dragon Italy-USA service
Geneva
The Julian port will be reached starting from the second half of February
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