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Independent journal on economy and transport policy
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BRIEFS
November 16, 2012
Sched Netweb site
  • Anti-austerity strikes disable ports in Spain, Portugal and Greece
  • Germanischer Lloyd urges new procedures to cope with distress at sea
  • Los Angeles container volumes up 0.82pc to 718,406 TEU in October
  • Extra slow steaming for Cosco and 'K' Line on transpacific loops
  • US October imports fall 6.8pc from September, off 4.8pc year on year
  • US east coast carriers declare 'force majeure' after Hurricane Sandy
  • APL takes delivery of fifth 10,700-TEUer - APL Paris - from Korea
  • Lanzhou to build the largest railway logistics centre in northwest China
  • Hebei exceeds budget allotment with US$2.6 billion spent on port projects
  • Regional Container Lines third quarter loss narrows to US$7.1 million
  • Agility quarterly net profit up 21pc to US$34.5 million, sales rise 10pc
  • Two men overboard, one dies despite speedy Singaporean rescue effort
  • MOL, Taihokozai develop lubricity additive to help low-sulphur fuels
  • Lithuania's Klaipeda port October box volume up 27.2pc to 35,504 TEU
  • Corpus Christi port sells US naval base to oil company as navy quits
  • Airbus now hopes for China aircraft deals after EU shelves carbon tax
  • Lufthansa Cargo signs India's top IT provider's for iCargo platform
  • Virgin Atlantic Cargo back with Cape Town flights seeking perishables
  • Air Transport Services Group lowers profit forecast by US$10 million
  • IATA launches Air Cargo Makes it Happen awareness campaign in Israel

Exim Indiaweb site
NOVEMBER 15, 2012
  • Asia-Europe spot rates fall after two weeks of increases
  • CKYH alliance reducing seven Asia-Med services
  • CMA CGM introduces world's largest containership on Asia-Europe trade
  • Piracy on owner's account, not charterer's: Court
  • $914 m Saudi ports development leads GCC maritime agenda
  • Another instalment paid for Chennai-Ennore road project; Pratibha Cauvery to be moved soon
  • HBT may have to shell out INR 1,000 cr. in damages to KoPT
  • JNPT holds interactive session with Port users during Vigilance Awareness Week
  • KoPT begins transhipment at Sandheads
  • 2012-13 GDP growth to dip below 6 pc: CII survey
  • Indonesias palm oil exports projected to touch 10-month high

International Transport Journalweb site
NOVEMBER 15, 2012
  • Agility reports increase in Q3 revenue and net profit
    The Kuwait-based logistics service provider Agility reported a net profit of KWD 9.75 million (EUR 27.2 million) in Q3/2012, a 12% increase compared to the net profit of KWD 8.05 m...
  • Asiana Airlines cancels long-standing Japan service but starts daily flights to Vladivostok
    Today (15 November) the South Korean carrier Asiana Airlines is ending its long-standing Pusan - Fukuoka (Japan) service. The route, which was launched in November 1991, was most r...
  • Jet Airways cancels Chennai - Brussels service
    From today (15 November), Indian Jet Airways no longer offers flights between Chennai and Brussels. The daily service between the southeast Indian port city and the Belgian capital...
  • Korean Air boosts Myanmar cargo capacity
    Today (15 November) Korean Air is replacing the aircraft used on its recently launched Seoul Incheon - Yangon (Myanmar) service. The four times per week service is now being operat...
  • Maersk in the black again
    The giant Danish carrier Maersk Line reported that its Q3/2012 profit was USD 498 million, compared to a loss of USD 289 million in the same quarter in 2011. Rates were higher this...
  • Santiago Garcia-Milà is Espo's new chairman
    The European Sea Ports Organisation (Espo) has elected Santiago Garcia-Milà, deputy director general of the Barcelona port authority (Spain), as its new chairman. He succeeds Victo...
  • Renault Trucks rolls out new app to teach economic driving in HGVs
    The French commercial vehicle maker Renault Trucks has launched a new Smartphone and tablet PC app called "Truck Fuel Eco Driving" to help drivers learn how to drive economically. ...
  • USA: new grant continues green locomotive effort
    The US-based transport provider Norfolk Southern Railroad and the state of Pennsylvania have received a USD 400,000 research and development grant from the Federal Railroad Adminis...
  • Geoff Partridge becomes managing director of Toll South Africa
    Toll Global Forwarding (TGF) has promoted Geoff Partridge to the post of managing director of its South African operation. He was previously operations director, and replaces Vince...
  • TCV Railway to open port of Valencia-Miranda de Ebro rail link
    The Spanish railfreight operator TCV Railway is launching a container transport service between the port of Valencia and Miranda de Ebro, in the province of Burgos (Spain), on 23 N...
  • Tenneco to supply EuroVI diesel aftertreatment systems to Scania
    Tenneco, a leading manufacturer of automotive technologies and products, based in Lake Forest IL (USA), is supplying the Scania Group with advanced diesel aftertreatment systems fo...
  • Kuehne + Nagel opens pharmaceuticals cross-docking warehouse in Mainz
    Kuehne + Nagel (K + N), a Switzerland-based global logistics service provider, is expanding its logistics activities for the pharmaceutical industry in Germany by opening a state-o...

Marine Logweb site
NOVEMBER 15, 2012
  • Crowley, MSC officers and crew receive AOTOS plaques
  • BAE Systems to acquire Marine Hydraulics International
  • Matson names VP government and community relations
  • UK Club DVD stresses the importance of risk reduction
  • Shipham Valves launches new range of wafer check valves

World Wide Shipperweb site
NOVEMBER 15, 2012
  • Port Metro Vancouver sees gains in 2012 cruise passenger numbers
  • Evergreen Line christens new L-type container ship
  • Railroad facts publication available from rail association
  • Port of Los Angeles releases cargo numbers for October
  • Crew of Crowley tug earns AOTOS heroism nod

Lloyd's Listweb site
NOVEMBER 15, 2012
  • US 'has only a seven-year supply of shale gas left', claims expert
    Revised projections deliver major blow to hopes for LNG shipping
  • Product tankers look likely to benefit from oil boom in US Gulf
    Fracking will see the country overtake rival producers Russia and Saudi Arabia
  • Q&A: Mitsui OSK Lines (Europe) LNG director Mike Rowley
    Q&A: Mitsui OSK Lines (Europe) LNG director Mike Rowley
  • Louis Dreyfus quits dry bulk operations at Kolkata port
    Stevedore blames crime and politics for decision to exit Kolkata
  • Criminals are still finding a haven in ports
    The ABG-LDA saga underlines the fact that crime is still very much with us
  • Shipowners call for compromise
    Indian National Shipowners' Association chief says best outcome would be a resumption of services
  • Built for idleness?
    The imbalance between VLCC supply and demand will not end any time soon
  • Landing a 10-year ship loan is 'like winning the lottery'
    Exclusive: Petropoulos unveils new Petrofin research that points to even tougher times ahead
  • OOCL faces criminal trial over Courtenay Allan death
    Exclusive: France charges Hong Kong carrier with director's involuntary manslaughter
  • Eco designs leave S&P market heavily overvalued
    Broker hits back at shipowner sceptics to defend fuel-saving benefits
  • Shipowners baffled by silence from Berlin
    VDR repeats its call for state support for ship finance
  • Aegean Marine Petroleum reports higher profit
    Improved results come despite 'challenging market' for fuels
  • New York retailers feel the fallout from Sandy
    Thousands of diverted containers stranded on quays of other east coast US ports
  • 'German tanker king' Salamon dies
    Ship financier took steps to ensure business continuity
  • US Gulf oil products boom drives tanker fixtures to new high
    Region generates 313 spot voyages so far this year, up from 261 in 2011
  • Like with like
    Deciding whether or not to order fuel-efficient tonnage is by no means straightforward
  • DFDS says demand continues to weaken in northern Europe
    Company focuses on tackling its costs
  • Courage Marine returns to profit in the third quarter
    Hong Kong and Singapore bulk operator succeeds in curtailing its costs
  • Nordic American hints at new and secondhand vessel purchases
    Company rewards its shareholders despite latest quarterly loss
  • Indian Ocean counterpiracy exercise aims to boost regional co-operation
    Exercise Cutlass Express also focused on narcotics and illegal fishing
  • Box volumes edge up in Singapore
    Improvement comes despite slowing trade between Asia and Europe
  • EU spending will modernise ports, and stimulate shortsea trades
    European shipping faces a 'modernisation challenge', says Kallas
  • Feeling insecure?
    Lloyd's List's security survey highlights uncertainty over deploying armed guards
  • US reports 5% drop in inbound box volumes for October
    Figures reveal downturn in imports from Asia and Europe
  • DryShips renegotiates its orderbook
    Expenses contribute to bigger than expected third-quarter loss
  • Ocean Rig is close to completing drillship syndicated loan
    Costs tip DryShips-linked driller into the red but revenue backlog nears $4.5bn
  • Safe Bulkers orders substitute cape for 10-year charter as profits rise
    Japanese newbuild replaces delayed Chinese order that may now be axed
  • GSL praises box line discipline
    Rate increases pushed through despite over-supply

Fairplayweb site
NOVEMBER 15, 2012
  • Aegean turns losses into profits
    BUNKER supplier Aegean Marine Petroleum Network posted net profits of $8.7M in 3Q12 amid challenging market conditions
  • Subsea 7 wins $800M contract
    SUBSEA 7 said today it has won a subsea, umbilical, riser and flowline contract valued at about $800M from Total E&P Norge
  • Courage Marine trims losses by 26%
    SINGAPORE-listed Courage Marine said it cut losses by 26% in this year's first nine months despite continued drybulk market weakness
  • STX Pan Ocean loses for 8th straight quarter
    STX PAN Ocean lost $88.6M in its 3Q12, widening its deficit from $37.4M losses a year earlier
  • India's HMEL halts Iranian crude cargoes
    INDIA'S HPCL-Mittal Energy said it will halt cargoes of oil from Iran, IHS World Markets Energy reported today
  • China-Japan souring is causing grief for NYK
    NYK LINE said today some units are being affected by the souring of Sino-Japanese relations since mid-September
  • STX Europe's profits fall
    WEAKNESS in its cruise and ferry business is hitting STX Europe, the Oslo-based yard unit of South Korea's STX conglomerate
  • Premuda unveils losses, fears for full year
    ITALY'S tanker and bulker operator Premuda said today it is "reasonable" to predict full-year losses after it lost €7.76M ($9.88M) in the first nine months of the year
  • DFDS eyes acquisition
    DENMARK'S listed ferry and logistics group DFDS said today it plans to make an acquisition to expand into new markets
  • Greener fuels urged
    ZEHUA Ma, president of China COSCO Holdings, today urged suppliers to provide shipping groups with fuels of higher quality, efficiency and fuel economy
  • Goldenport scraps box ship
    GOLDENPORT Holdings has sold one box ship for scrap and laid up two others
  • Otto turns losses into profits
    SINGAPORE-listed offshore services provider Otto Marine today posted 3Q12 profits of $4.7M, turning around losses of $16.8M year on year

The Journal of Commerceweb site
NOVEMBER 15, 2012
  • More Labor Woes for Port of Portland
    Contract talks between the Port of Portland and security guards at its container terminal that began this summer will reenter mediation on Nov. 16, but a breakdown in talks could cripple the container yard, as well as two other terminals at the port, The Oregonian reported. Bill Wyatt, the port's executive...
  • Truckers Taking to Mobile Technology
    When it comes to technology, truckers are going mobile, with 70 percent of drivers surveyed by uShip.com saying they use mobile phones for business. The number of truckers using apps jumped to 43 percent, a 16 percent increase from last year's annual mobile usage survey, according to uShip.com. More than half of...
  • Norway Post Selects credit360 to Streamline Sustainability Data Management
    CAMBRIDGE, UK/CHICAGO - credit360 will be used within Norway Post to drive environmental performance improvement throughout their expanding and increasingly complex operational structure. The system will help the organisation meet ambitious performance targets like a CO2 reduction target of 30% of 2008 levels by 2015. In addition, credit360 will be used...
  • Groups Come Together to Combat Human Trafficking in Colorado
    COMMERCE CITY, Colo.- The Colorado Motor Carriers Association, Colorado Truckstop Conference, and local elected and law enforcement officials launched an educational and awareness campaign today focused on combatting the human trafficking of underage children who are being forced to engage in prostitution. The kick off for the program was held...
  • Ryder's Natural Gas Trucks Top Six Million Miles
    Ryder System's fleet of 250 natural gas vehicles has surpassed a milestone of six million miles. Since 2011, when the natural gas truck program began, the vehicles have replaced about 923,000 gallons of diesel fuel with domestically produced natural gas and reduced emissions by more than 2,300 metric tons of carbon...
  • Canadian Pacific Railway, Signal Workers Reach Tentative Deal
    Canadian Pacific and the International Brotherhood of Electrical Workers, System Council 11, today reached a tentative five-year labor agreement covering about 450 employees who maintain and install railway signals and communications systems across Canada. Details of the preliminary contract are being withheld pending ratification by IBEW membership. Separately, the United Steel Workers,...
  • ICAP Forward Curve Freight Rates
    The ICAP forward curve tracks containerized freight rates of swap agreements as settled against the SCFI-Shanghai Containerized Freight Index produced by the Shanghai Shipping Exchange.Derivatives Bid/Ask pricing in U.S. dollars as of Nov. 13 between Shanghai and the following four trade lanes. Data Included: 11/13/2012 U.S. WEST COAST...
  • Cass Freight Index
    Cass index data is derived from actual freight invoices paid on behalf of 350 clients, which totaled over US$20 billion in 2011 and include a wide diversity of shippers, commodities and company size.Cass Freight ExpendituresThe Cass October expenditures index surged 8.4 percent year-over-year and rose 1.6 percent from September in...
  • Cass Linehaul Indices - Truck & Intermodal
    A timely indicator of market fluctuations in per-mile truckload pricing isolating the linehaul component of full truckload costs from other components (fuel and accessorials), providing a reflection of trends in baseline truckload prices. Cass Truckload Linehaul IndexThe October Cass truckload linehaul index was a record index-to-date 109.8, inching ahead 0.3...
  • Diesel Fuels Sandy Recovery in Northeast
    The fuel crisis in the Northeast is easing, though rationing continues in some areas and some fueling stations are still without power, and without working pumps. However, the damage Hurricane Sandy delivered to the region's fuel supply chain will take more time to repair, according to a report...
  • Matson Names Park VP of Government, Community Relations
    Ku'uhaku Park, Matson's new vice president of government and community relations. Honolulu-based Matson today named Ku'uhaku Park vice president of government and community relations. He will be responsible for directing the shipping carrier's government relations and community service activities in Hawaii, including the promotion and development of the Matson Foundation. Park was...
  • Railroads Face Little Regulatory Threat From Congress, Obama
    With the Nov. 6 election doing little to change the power structure at the nation's capital, the major U.S. freight railroads are unlikely to face major regulation risks in the coming year. Any attempts to change the rail regulatory framework aren't expected to go far in Congress, as a divided body...
  • Why an Obama Win Yields Hope for Infrastructure
    At first glance, the Nov. 6 election barely changed anything in the nation's capital. Voters gave President Obama four more years in the White House, kept Republicans in control of the House and Democrats dominant in the Senate. Although few faces have changed, however, the tone on Capitol Hill has. With...
  • JOC-ECRI Industrial Price Index
    The JOC-ECRI Industrial Price Index was developed by the Economic Cycle Research Institute (ECRI) and is a leading indicator of inflation based on a broad assortment of raw materials used in industrial production. The IPI growth rate compares the latest week's index with the IPI's average over the past year.In...
  • Logistics Providers Optimistic About 2013 Economy
    Eighty percent of logistics providers and freight forwarders reported slight business expansion in the last two years, and more than 75 percent expect that growth to continue into 2013, according to a study by logistics researcher Transport Intelligence and logistics software developer Kewill that surveyed 484 international businesses. Logistics providers in...
  • Spread of Globalization Is Slowing, BDP Survey Finds
    The relentless spread of globalization may be coming to an end as slow growth in the West allied to faster economic development in other regions encourages more near-sourcing and shorter supply chains, according to a new survey by leading logistics company BDP International. Arnie Bornstein, BDP's executive director of marketing and...
  • Virginia Cargo Volume Grew 1.5 Percent in October
    The Port of Virginia handled 175,330 20-foot-equivalent units in October, an increase of 1.5 percent from the 182,318 TEUs handled in September, and also up 1.5 percent year-over-year, the Virginia Port Authority announced today. October was the ninth consecutive month of growth, said Rodney W. Oliver, VPA's interim executive director. Volume...

Containerisation Internationalweb site
NOVEMBER 15, 2012
  • New York retailers feel the Sandy pinch
    Manhattan household name stores are fretting in the aftermath of superstorm Sandy ahead of the Thanksgiving holiday next week and the crucial shopping ...
  • Eurozone back in recession
    The 17-nation eurozone has officially plunged back into recession after the EU's statistics office, Eurostat, confirmed that the collective GDP of the single currency ...
  • Los Angeles reports small monthly hike in container throughput
    Port of Los Angeles' container volumes edged ahead just 0.8% in October on the corresponding month in 2011 to 718,400 TEU, although the US west coast box hub's ...
  • Hamburg's Chinese boxes plunge
    There is yet further evidence of the European slowdown and the impact on the blue-chip Asia - Europe tradelane. Chinese container traffic processed ...
  • GSL praises box line discipline
  • HMM doing better
    Like its larger compatriot Hanjin, South Korea's Hyundai Merchant Marine swung into an operating profit in the third quarter of the year, also benefiting from a ...

TradeWindsweb site
NOVEMBER 15, 2012
  • Safe Bulkers in nosedive
    Shares in Greece's Safe Bulkers plummeted Thursday after the owner revealed a surprise dividend cut.
  • DryShips sticking with ORIG
    DryShips boss George Economou ruled out selling shares its Ocean Rig drilling spin off as a solution to paying for unfinanced dry-bulk newbuildings.
  • Lange lauds eco ships
    Ultrabulk has nailed its colours to the eco ship mast after swapping a charter for a delayed kamsarmax for a more efficient vessel at a Japanese yard yesterday.
  • STX Europe profit shrinks
    STX Europe continues to rely on its shareholding in STX OSV to keep its earnings up.
  • Mercator moves up
    Indian owner Mercator has increased its profit in the first half as revenue improved.
  • NAT faces red run
    Nordic American Tankers will fail to escape the red for the foreseeable future, a leading analyst warns.
  • Nobbled in North Sea
    Danish ro-ro giant DFDS has seen profit eroded by weaker northern European markets so far this year.
  • DryShips takes a beating
    George Economou's DryShips was on the rack on the Nasdaq today after a huge earnings miss and a warning over loan repayments.
  • SDLP makes top tier
    Wells Fargo has taken a shine to John Fredriksen's latest venture Seadrill Partners amid the promise of a strong dividend growth.
  • VLCC rates spike
    VLCCs are leading a rally in the tanker spot market with rates on the flagship Arabian Gulf to Far East route more than doubling in the space of a week.
  • Courage back in black
    Courage Marine doesn't expect to see any major upturn in its fortunes before 2014 at the earliest.
  • Safe's cape saviour
    Safe Bulkers has booked a capesize newbuilding in a move which saves a 10-year charter from landing in the shredder.
  • The dangers of drink
    A UK accident report has shown a drunken cargoship master turned straight toward a Stena ferry when a port officer alerted him to the dangers of a collision.
  • NAT in active hunt
    Nordic American Tankers is looking to expand its fleet in a tanker market which has many owners struggling.
  • Bergen in breach
    Bergen Group has confirmed it has breached certain loan covenants after delivering its third quarter results.
  • Hansson's health check
    With the ink still wet on Overseas Shipholding Group's Chapter 11 papers Nordic American Tankers was keen to paint a strong picture of its own financial health as it reported a third quarter loss today.
  • Clipper's pool purpose
    Denmark's Clipper Projects is driving consolidation in the multipurpose sector (MPP) by forming a new pool.
  • Ultrapetrol sees spike
    Shares in Ultrapetrol ingnited yesterday after the company reported a huge cash injection from a private equity firm.
  • North Sea needs a trim
    Norway's Farstad Shipping says offshore vessels need to head away from the North Sea if rates are to improve.
  • Dragnis takes scrap cash
    Goldenport Holdings has logged a profit from the scrapping of a container vessel it bought last year.
  • Aegean lags Street
    Aegean Marine Petroleum has returned to the black in the third quarter but analysts had hoped for more from the Peter Georgiopoulos-linked company.
  • Man dies in bulker fall
    A Singapore ship chandler has been killed after falling from a Japanese bulker.
  • Subsea 7 in big win
    Oslo-listed owner will bank $800m from Total for North Sea gas field work.
  • ABG boss quits
    The managing director of India's ABG Shipyard has resigned due to ill health, the company said.
  • Safe snaps-up bulker
    Safe Bulkers has raided the secondhand market and picked up a modern Japanese panamax bulker for a firm price.
  • GPRT boxship in lay-up
    Goldenport Holdings has failed to find employment for a recently acquired containership, a regulatory disclosure shows.
  • GrainCorp rejects ADM
    GrainCorp has rejected a $3bn takeover bid by commodities giant Archer Daniels Midland (ADM) it confirmed Thursday.
  • Rigs Angola bound
    Ocean Rig UDW has confirmed three-year charters for two of its drilling units including one of its newbuildings.
  • Eyes on heating oil
    The US Northeast's motor gasoline (mogas) shortages after Hurricane Sandy are subsiding but Poten & Partners says products tanker owners may get further help from distillate demands.
  • Dryships losses top $50m
    George Economou's Dryships has booked a third quarter loss of just over $51m in results published late Wednesday.
  • SLNG eyes expansion
    Singapore LNG (SLNG) is to build a fourth LNG storage facility that will increase the terminal's current planned capacity by 50%.

American Shipperweb site
NOVEMBER 15, 2012
  • OSG files for Chapter 11 bankruptcy protection
    "Over the past two weeks, OSG has continued to fix vessels with our clients. We will use the Chapter 11 process to definitively resolve our financial issues," said Morten Arntzen, OSG's president and CEO.
  • Forwarders, 3PLs expect growth in 2013
    In a survey by Transportation Intelligence and Kewill, 80 percent of respondents reported slight business expansion over the past two years, with more than 75 percent expecting this growth to continue next year.
  • LA loaded volume down 3% in October
  • EU will approve UPS-TNT deal, analyst predicts
    UPS will probably have to shed a couple of TNT pieces, "but ultimately I think it will get done," said Ben Gordon, founder and managing director of BG Strategic Advisors, at the NIT League and IANA conference.
  • UNCLOS passage would boost U.S. credibility
    It's particularly important off the coast of Alaska where the OCS is twice the size of California and "some of the richest resources in the world are there -literally trillions of dollars," said a U.S. Coast Guard official.
  • U.S. import volume down nearly 5% in October
    The threat of a port strike along the U.S. East and Gulf coast ports from Oct. 1 may have induced some importers to move volume up earlier in the year to avoid potential disruptions.
  • Dachser adds to South Africa operation
  • FCPA guidance released
  • Former importers of polluting motorcycles settle

The Bunker Bulletinweb site
NOVEMBER 15, 2012
  • Clarification of article on Iranian fuel oil being sold through UAE entity
    FAL Oil says it 'categorically denies' allegations contained in the article.
  • Prices firm in Fujairah but soften in Durban
    A mixed picture was seen in most bunker hubs.
  • Bunker prices climb in Europe
    Average demand in Hamburg with some congestion seen at Gibraltar.
  • Russia's fuel oil output 'not about to fall'
    Refiner says upgrades can't be rushed: 'There are physical limitations that can't be overcome.'
  • Risk management course for bunker players
    Two-day course in Singapore in January.
  • Fuel oil stocks climbing in Singapore
    December arbitrage arrivals expected to be around 5 mt.
  • UK study to assess chances of modal shift
    Aim is to find out if tougher sulphur rules will push cargo onto roads.
  • Slow-steaming sees Rotterdam lose out to Piraeus
    IT firm makes Greek port its regional hub
  • Baxus Marine to be wound up
    Company's attempt to secure court protection fails to materialise.
  • Bunker prices mostly higher
    Demand average in key Asian ports on Thursday.
  • China fuel oil stocks lower
    Inventories generally lower as teapot refiners drawdown stocks at Shandong province.
  • Odfjell sees further losses
    Results affected by a weak chemical tanker market and restructuring at its Rotterdam terminal.
  • OSG files for Chapter 11
    Plans to use the Chapter 11 process to 'significantly reduce' its $2.67 billion debt.
  • Aegean shares rising
    Earnings per share for Q3 beats consensus estimates.

›››File
FROM THE HOME PAGE
Accidents to dock workers occur equally frequently on board ships as on land.
London
Norwegian Cruise Line Holdings reports record performance for the April-June quarter
Norwegian Cruise Line Holdings reports record performance for the April-June quarter
Miami
Bookings reached an unprecedented level
Paolo Piacenza has been appointed extraordinary commissioner of the Port Authority of the Southern Tyrrhenian and Ionian Seas.
Rome/Genoa/Gioia Tauro
DB Cargo records declines in turnover and rail freight volumes
Berlin
In the first six months of this year, shipments totaled 82.9 million tons (-10.8%)
In the second quarter, container traffic in the port of Genoa fell by -2.8% while in Savona-Vado it grew by +76.3%
Genoa
In the Ligurian capital, the transhipment share decreased, while the Savona port benefited.
Fincantieri records strong growth in half-year financial performance and new orders
Rome
In the first six months of 2025, orders totaled 14.7 billion euros (+93.5%)
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
In the second quarter, naval traffic through the Suez Canal decreased by -6.2%
Cairo
1,248 tankers (-2.7%) and 1,826 other types of vessels (-8.5%) passed through
CMA CGM's net profit fell by 140% in the second quarter.
Marseille
Revenues stable. The French shipping group is interested in acquiring Hutchison Ports' terminals.
Royal Caribbean closes second quarter with record net profit
Miami
The April-June period was very positive
Union Pacific and Norfolk Southern announced a merger agreement today.
Union Pacific and Norfolk Southern announced a merger agreement today.
Omaha/Atlanta
First coast-to-coast cargo rail network
Gurrieri resigns as Special Commissioner of the Eastern Adriatic Sea Port Authority
Trieste
The atypical reverse charge for the logistics sector will become applicable tomorrow
Milan
Ruggerone (Assologistica): one of the most strategic reforms we helped build is being implemented
Policy brief on cyber threats that pose risks to port infrastructure
Tallinn
It was developed by the NATO Cyber Defence Centre of Excellence
Interferry urges the EU Commission to harmonize its shipping decarbonization regulations with those of the IMO
Victoria
Failure to align - the association warned - will force shipping companies to pay twice for emissions.
In the second quarter of 2025, Chinese seaports handled 79.1 million containers (+6.1%)
Beijing
Total freight traffic was three billion tons (+3.3%), of which 1.3 billion tons were with foreign countries (+1.9%).
CK Hutchison announces plans to include a Chinese investor in the consortium to sell Hutchison Ports
Hong Kong
Without the participation of the COSCO shipping group, China would not authorize the sale
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Sri Lanka's Supreme Court has awarded compensation of $1 billion over the X-Press Pearl accident.
Columbus
The container ship caught fire and sank near the port of Colombo
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
The Greek government sends a tugboat to the Red Sea to assist ships that may be attacked by the Houthis.
Piraeus
The AHTS "Giant" is leaving
Saipem and Subsea7 have signed a binding merger agreement.
Saipem and Subsea7 have signed a binding merger agreement.
Milan/Luxembourg
The transaction is expected to close in the second half of 2026.
In the second quarter, the port of Valencia handled over 1.5 million containers (+4.0%)
In the first half of 2025, the amount of new orders to Chinese shipyards fell by -18.2%
Beijing
A decrease of -3.5% in new construction completed in the period was recorded
In the second quarter of 2025, freight traffic in the port of Trieste grew by +3.7%
Trieste
Bulk cargo increased. Miscellaneous cargo fell by 13.2%.
CMA CGM and TotalEnergies form joint venture for LNG bunkering in the Port of Rotterdam.
Marseille
Agreement to supply 360,000 tons of liquefied natural gas per year to the French group's ships
In the second quarter of 2025, freight traffic in Spanish ports decreased by -4.7%
Madrid
All the main product categories are decreasing except for conventional goods
Brookfield Asset Management to sell 49% of British port group PD Ports to Spain's Pontegadea
Middlesbrough
The English company has over 1,400 employees
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
In the quarter April-June, freight traffic in the port of Rotterdam decreased by -2.3%
Rotterdam
The port authority is alarmed by the state of crisis in the national industry.
The electrification of the docks in the ports of Livorno, Piombino and Portoferraio is proceeding according to plan.
Third dock for cruise traffic in the port of Catania
Catania
Pier 25's restyling completed
Another quarter of decline in freight traffic at the port of Algeciras
Algeciras
In the period April-June, containers amounted to 1.24 million TEUs (+1.0%)
A new tax applied to cruise passengers disembarking in national ports came into force today in Greece.
Athens
Belgian rail freight company Lineas receives €61 million government loan
Brussels
The measure was approved last night by the restricted council of ministers
ERTMS installation completed on 1,400 kilometers of Italian railway network
Rome
The project is financed with 2.5 billion euros from PNRR funds.
Wärtsilä's quarterly financial and commercial results are positive.
Helsinki
The Marine Electrical Systems division will be sold to the Italian company VINCI Energies.
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
In the port of Barcelona the number of cruise terminals will be reduced from seven to five
Barcelona
The mayor: For the first time in history, a limit is placed on the growth of cruises in the city.
MSC and Moby have presented their commitments to meet the AGCM's requirements.
Rome
Shipping Agencies Services will sell its 49% stake in Moby, waiving the consideration in favor of the majority shareholder. Moby commits to completely repaying its debt to SAS.
Fincantieri confirms its interest in the development of American shipbuilding
Fincantieri confirms its interest in the development of American shipbuilding
Washington
Folgiero: Commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities
The Chamber of Deputies has approved the appointment of four presidents of Italian Port System Authorities.
Rome
The names proposed for the Port System Authorities of the Southern Adriatic, Central-Northern Tyrrhenian, Western Liguria, and Eastern Liguria have been approved. Voting on the Northern Tyrrhenian Authority has been postponed.
Information exchange between state administrations for the digitalization of the maritime sector begins
Rome
The first operational meeting at the Coast Guard General Command in Rome
The Clean Maritime Fuels Platform suggests measures to support the production and distribution of clean marine fuels
COSCO Shipping Ports sets new monthly and quarterly container traffic records
Hong Kong
In the period April-June, 29.4 million TEUs were handled (+4.5%)
Sharp increase in cases of seafarers abandoning their ships
London
2,286 crew members from 222 ships involved as of early 2025
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Global freight traffic saw strong growth in the first quarter of this year in anticipation of new tariffs
Geneva
North America saw the strongest quarterly growth in imports
In the port of Antwerp-Bruges containers and rolling stock are increasing and other types of goods are decreasing
Antwerp
Traffic congestion continues at the airport, with the situation on the landside becoming critical
A study denounces the delay of European ports in equipping themselves with cold ironing facilities.
Brussels/Pozzallo
The tender to electrify the docks of the port of Pozzallo has begun.
T&E proposes to include more non-EU transhipment ports to avoid carbon leakage
Brussels
The association calls on the EU Commission to reduce the current threshold of 65% of transhipment traffic
Federlogistica urges the immediate establishment of a control room on tariffs
Genoa
The aim is also to eliminate extra costs caused by bureaucracy.
Containerized cargo handled through the port of Singapore fell by 2.9% in the second quarter.
Singapore
Last May, ship transits through the Suez Canal decreased by -6.8%
Last May, ship transits through the Suez Canal decreased by -6.8%
Cairo
The negative trend continued in June and early July
Terminal operators are not at all satisfied with a policy that seems to have no interest in ports
Rome
Cognolato: It is essential to close the ongoing trials on several fronts.
The largest ship ever to dock at Cagliari's Porto Canale at the MITO terminal.
Milan
The container ship "MSC Venice" with a capacity of 16,652 TEU arrived yesterday
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
On 5 and 6 November in Lisbon a summit called by the ILA against automation in the maritime and port sector
North Bergen/Metzingen
South Korean HD Hyundai, together with German NEURA Robotics, will develop and test welding robots in shipyards
The toll of the horrific attack on the bulk carrier Eternity C in the Red Sea is still uncertain.
Mandaluyong/London/Brussels
Joint statement by ICS, BIMCO, European Shipowners, Intercargo and Intertanko
In the first half of 2025, bulk cargo increased and general cargo decreased in the port of Marseille-Fos
Marseille
Cruise passengers increase by +5%
The Senate has approved the framework law on interports
Rome
UIR, gives the Italian interport system a modern, orderly and coherent regulatory framework
Carlo De Ruvo was elected president of Confetra
Rome
Among the challenges, the uncontrolled expansion of large logistics groups and their concentration
Number of pirate attacks on ships still high in the second quarter of 2025
Number of pirate attacks on ships still high in the second quarter of 2025
Kuala Lumpur
The number of acts of violence against crews is decreasing
Telemar and TNL Group merger agreement
Telemar and TNL Group merger agreement
Oslo/Athens/Paris
One of the top three operators in the OT/IoT services market for the maritime and superyacht sectors will be created
Attacks on ships in the Red Sea still cause deaths among seafarers
Portsmouth
Liberian-flagged bulk carrier " Eternity C" targeted
Canadian shipbuilding company Davie acquires second shipyard in Finland
Helsinki/Pori
It will buy the Enersense Offshore shipyard
Trump has eliminated tariff exemptions for low-cost goods for all nations.
Washington
Goods with a value of less than $800 will also be subject to the tax.
Viking Mira was launched at Fincantieri's Ancona shipyard
Trieste
The multi-role frigate "Emilio Bianchi" was delivered to the Muggiano shipyard
The Port Authority of the Central-Northern Adriatic Sea has obtained EMAS registration
Ravenna
Certifies commitment to environmental management and sustainability
MSC Cruises reduces emissions with the support of an energy transition plan
Geneva
The 2024 Sustainability Report has been presented
DSV reports strong growth in financial and operating results thanks to the acquisition of Schenker
Hedehusene
Quarterly record in air and ocean shipment volumes
In 2024, the Fratelli Cosulich group's revenues increased by +12.8%
Genoa
Operating result down by -31.7%
In the second quarter of this year, Finnlines' revenues decreased by -5.0%.
Helsinki
Net profit of 26.1 million euros (+7.7%)
Container traffic in the Port of New York remained stable in the April-June quarter.
New York
An increase of +4.9% was recorded in the first half of 2025
The Chamber of Deputies approves the appointment of the presidents of five Port System Authorities.
Rome
They are Davide Gariglio, Francesco Rizzo, Eliseo Cuccaro, Francesco Benevolo and Giovanni Gugliotti
Latrofa appointed extraordinary commissioner of the Port Authority of the Central-Northern Tyrrhenian Sea
Rome
Ministerial decree signed
The PNRR tender for interports has been reopened.
Rome
Resources available amounting to 2.2 million euros
Port of Livorno: Workers are the priority in the LTM crisis
Livorno
UPS's quarterly earnings performance declines
Atlanta
Net income in the April-June quarter was $1.28 billion (-8.9%)
Approval for the 2025 budget variation of the Southern Tyrrhenian and Ionian Sea Port Authority.
Gioia Tauro
500 thousand euros for the 49% share held by the Port Agency company
FHP Group acquires the remaining 10% stake in Lotras
Milan/Foggia
The integration between Lotras and CFI Intermodal will begin to create FHP Intermodal.
OITAF scientific document on good practices in the logistics and transport of fresh fruit and vegetables
Milan
The Northern Tyrrhenian Sea Port Authority has joined the PLIKA
Livorno
Platform dedicated to training, innovation and knowledge sharing in the logistics and port sectors
Matteo Paroli's nomination as president of the Western Ligurian Sea Port Authority has been signed.
Rome
He has a degree in law and a specialization in administrative law.
Container throughput increases in Haropa Port, while bulk cargo decreases.
Le Havre
In the first half of this year, containers were 1.51 million TEUs (+4%)
Bureau Veritas reports a 9.8% quarterly increase in revenues in the Marine & Offshore segment
Courbevoie
Kalmar and Konecranes increase new orders in the April-June quarter
Helsinki
The turnover of the two Finnish companies is slightly increasing
Container traffic in the port of Barcelona fell by 12.2% in the second quarter.
Barcelona
Assiterminal threatens a new wave of appeals against regulations it believes are damaging to port operations
Genoa
2M Logistics signs an agreement with Salerno-based Gallozzi
Barendrecht
The Dutch company will represent GF Logistics, a subsidiary of the Italian group, in the Benelux region.
Swiss company Kuehne+Nagel's quarterly profits fell
Schindellegi
In the period April-June of this year, net turnover grew by +1.7%
Yang Ming orders three 8,000 TEU container ships from Nihon Shipyard and Imabari Shipbuilding
Keelung/Imabari
Contract valued at $351.3-394.5 million
Italia Nostra reiterates its strong concerns about the construction of the Fiumicino-Isola Sacra port.
Rome
European maritime cities, destinations for cruise tourism - the association highlights - denounce the phenomenon of over-tourism in the cruise sector
Egypt's first automotive terminal has come into operation at Port Said East.
East Port Said
It can accommodate two car carriers at the same time
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Tepsa has acquired a liquid bulk terminal in the port of Rotterdam.
Singapore/Rotterdam
It was sold by Global Energy Storage Holdings
The Spinelli Group has approved its 2024 sustainability report.
Genoa
Of the company's 616 direct employees, 49% are under the age of 50.
In the second quarter of this year, cargo traffic in Turkish ports grew by +1.6%
Ankara
Cargoes to and from Italy amounted to 12.7 million tons (+10.1%)
Extension of the Simplified Logistics Zone for Genoa Ports and Dry Ports to the Savona, Vado Ligure, and Bergeggi areas.
Genoa
Approval from the ZLS Steering Committee
Isotta Fraschini Motori has inaugurated a new production line for hydrogen fuel cell systems in Bari.
Trieste
They will be used for naval and land solutions
The Grande Shanghai , the Grimaldi Group's first ammonia-ready car carrier, has been christened.
Naples
It has a load capacity of 9,000 CEUs.
The Port of Genoa, FILT, and UILT have declared a five-day strike at the Bettolo Terminal.
Genoa
Fit Cisl Liguria expressed solidarity with the workers
The tender for the dredging of the commercial dock basin at the port of Ancona has been published.
Ancona
The removal of approximately 730 thousand cubic meters of sediment is planned
Tender for the restoration and enhancement of docks 32 and 33 in the Deep Sea Zone of the port of Savona
Genoa
An investment of over 6.7 million euros is expected
There are 1,100 workers in Palermo directly employed in the seaside tourism sector
Palermo
This year, cruise traffic is expected to grow by 9.4% in the port of the Sicilian capital.
Six-month growth of +9% in freight on the St. Petersburg-India/China maritime route
Fly
FESCO operates six vessels in the service
Port of Trieste: Special Commissioner Gurrieri under investigation for money laundering
Trieste
I am certain - he declared - that I can demonstrate that I acted legally, in full transparency.
Vard signs new contract for the construction of two CSOVs
Trieste
The vessels will be used to support operations in the offshore wind sector
UIR welcomes the publication of the tender for the digitalization of the logistics chain.
Rome
Di Caterina (ALIS): a concrete tool that enhances the needs of businesses and strengthens the logistics system
GNV celebrated its first ten years of activity on the Italy-Albania route
Durres
During the period, the company's ships carried over 1.25 million passengers
A shipment of over 1.2 tons of marijuana was seized at the port of Gioia Tauro.
Reggio Calabria/Catanzaro
Members of a criminal organization that imported drugs from South America through European ports and airports have been arrested.
Yang Ming orders Hanwha Ocean to build seven 15,000 TEU dual-fuel containerships
Keelung
They will be delivered between 2028 and 2029
Walden to sell healthcare logistics business to Yusen Logistics
Paris
Exclusive negotiations announced
Solinas (Sardinian Action Party) is not at all satisfied with the state of Sardinian ports
Cagliari
The immediate establishment of a special commission is urged
ANSI welcomes the introduction of the information dashboard for managing private procurement contracts in logistics.
Rome
D'Angelo: it will allow the country to take another step forward
Russo (Confcommercio): excluding road transport from the PNRR funding was shortsighted.
Rome
First bulletin from the Freight Insights Observatory produced by the National Center for Sustainable Mobility
ABB Group posts sharp growth in quarterly financial and business performance
Zurich
In the period April-June the value of new orders grew by +16.0%
Informal consultations have begun on the preliminary proposal for the new Ancona Port Master Plan.
Ancona
Eleven meetings scheduled for July
Program agreement for preparatory and functional interventions for the construction of the bridge over the Strait of Messina
Rome
It was signed today in Rome
Project to develop an ecological station for the treatment of wastewater from ships
Naples
Initiative of the Neapolitan Group of the Cenere and Iello Landing
Assiterminal urges against bringing sediment from the Bagnoli dredging project into the port of Naples.
Genoa
Cognolato and Ferrari: It is essential to safeguard the full functionality of the commercial port's activities.
Container traffic at the Port of Long Beach fell 3.4% in the second quarter.
Long Beach
A decline of -16.4% was recorded in June
Paolo Pessina has been appointed vice president of Conftrasporto-Confcommercio.
Rome
He is president of the national federation of maritime agents and brokers
Container traffic in the port of Hong Kong decreased by -8.2% in the second quarter
Hong Kong
A decrease of -13.7% was recorded in June
Cuneo-based logistics company Nord Ovest is seeing growing financial results.
Wedge
Construction work on a new depot in Mondovì will be completed in early 2026.
Container traffic at the Port of Los Angeles grows driven by fears of new tariffs
Los Angeles
June saw the highest volume ever recorded for this month
The Management Committee of the Sardinia Sea Port Authority has adopted the DPSS
Cagliari
Green light for the concession to MITO and the appeal against the rejection of Olbia's dredging project.
Three events in Genoa for three new Explora Journeys cruise ships.
Genoa
A technical launch, a coin laying and the cutting of the first sheet metal were carried out at the Fincantieri shipyard
Grimaldi sells 5% of Terminal Darsena Toscana to Livorno Port Company
Naples/Livorno
Option to purchase an additional 5% of the share capital
Concession agreement signed that assigns management of the port of Tartous to DP World
Damascus
It has a lifespan of 30 years
Matteo Gasparato appointed president of the Northern Adriatic Sea Port Authority
Rome
He was appointed extraordinary commissioner of the same port authority
Meeting in Rome between the heads of ESPO and Assoporti
Rome
Among the topics addressed, the competitiveness of European ports in the current global context
Chinese airline OOCL reports quarterly decline in scheduled service revenues
Hong Kong
Cargo transported by the company's ships is increasing
Collaboration between the Ukrainian Sea Ports Authority and the Western Ligurian Sea Port Authority
Rome
Agreement with an initial duration of five years
Survey in Germany on the prospects of companies in the maritime, port and shipbuilding sectors
Hamburg
Shipowners are more concerned. Positive prospects for ports and shipyards.
Port of Augusta: Work begins on a third bridge connecting the island to the mainland.
Augusta
Work worth over 20 million euros
Vard signs contract with InkFish for new research vessel
Trieste
The deal is worth more than 200 million euros.
1.1 billion euros will be invested in the port of Hamburg to strengthen the container sector
Hamburg
Improving accessibility and port infrastructure in the Waltershofer Hafen area
Meyer Turku delivered the new Star of the Seas cruise ship to Royal Caribbean
Turku
It has a gross tonnage of 250,800 tons
ESPO calls for increased funding for ports under the next EU Multiannual Financial Framework
Brussels
The CEF programme funds have proven to be far from sufficient
Fincantieri delivers the new Oceania Allura cruise ship to Oceania Cruises.
Miami/Trieste
Two additional Sonata-class ships have been converted into orders.
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
Confindustria event on the sea economy in Rome on July 15th
Rome
The public meeting of the International Containers Studies Center will be held in Genoa on July 2nd
Genoa
››› Meetings File
PRESS REVIEW
Why Malta is objecting to a new price cap on Russian oil
(timesofmalta.com)
US has its eye on Greek ports
(Kathimerini)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
Uniport: Bringing debris from Bagnoli to the port of Naples would postpone long-awaited dredging.
Rome
Legora de Feo: It's necessary to find alternative solutions.
Taiwanese companies Evergreen, Yang Ming and WHL saw sharp declines in quarterly revenues.
Keelung/Taipei
In the period April-June it fell by -18.7%, -26.5% and -8.6% respectively
The establishment of the Information Dashboard for the management of private procurement contracts in logistics has been approved.
In May, freight traffic in the port of Ravenna grew by +1.4%
Ravenna
Bulk cargo is on the rise. Miscellaneous cargo is on the decline.
EU approves joint purchase of port equipment by terminal operators
Brussels
Joint definition of minimum technical specifications of equipment is also permitted
Serbian energy group EPS will import coal through the Montenegrin port of Bar
Bar
Currently imports from Indonesia pass through the port of Constanta
Fincantieri Foundation and Luiss University launch a project to strengthen the safety of underwater infrastructure.
Trieste
Among the objectives, contribute to the definition of a specific regulatory framework
Freewheeling: The government's U-turn on anti-mafia controls in the road haulage sector is a welcome development.
Modena
Franchini: If the government has realized it made a mistake, that's good news.
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