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Independent journal on economy and transport policy
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April 17, 2012
Sched Netweb site
  • Long Beach March volume up 12pc to 461,600 TEU, sparking hopes of recovery
  • Kuehne + Nagel results beat market, but EU antitrust fine slashes profits
  • Grounded 3,860-TEU Taiwan boxship refloated without harm off Karachi
  • Abu Dhabi Terminals at Mina Zayed 2011 volume up 47pc to 767,713 TEU
  • Pirate ransoms inevitable, seizing booty risks more than it gains: lawyer
  • US Army Corps of Engineers backs beleaguered Savannah dredging scheme
  • CN makes deal with CSX, providing west coast imports Ohio Valley access
  • Mumbai's JN port boxes up 1.17pc, showing best performance in 5 years
  • Transnet to invest US$4.3 billion to up South African capacity in 7 years
  • British Columbia premier expects US$25 billion to go on infrastructure
  • American Feeder Lines wins US$500,279 financing from Nova Scotia
  • Cathay Pacific and Dragonair March cargo down 10.7pc to 144,140 tonnes
  • China Southern Airlines launches daily Guiyang to Bangkok service
  • Hactl implements US$31million COSAC-Plus cargo handling programme
  • FedEx's four 757Fs to boost northern European next-biz-day service
  • AirBridgeCargo Airlines gains IATA operational safety certification

Exim Indiaweb site
  • Emirates Shipping joins Korea East Asia Middle East service
  • ITIC says shipbrokers must protect commission entitlement
  • Koper port in new container service connecting Egypt & Adriatic Sea
  • Maersk Mc-Kinney Moller no more
  • MOL acquires Competence Management System (CMS) certification from DNV
  • MOL enhances Asia-Mexico, West Coast South America service
  • New rail service from Port of Le Havre
  • NSCSA unveils new brand identity-Bahri
  • NYK LINE upgrades ALEX (Asia Latin America Express) service
  • Despite EU turbulence, textile exports climb 11 pc
  • Exporters caught unawares by jump in Basmati prices
  • India urges Iran to lift ban on wheat imports
  • IPGA urges govt to allow re-export of pulses
  • Oilmeal exports slip a tad in March
  • US asks India to streamline norms for import of poultry, toys
  • Angré Port to be inaugurated on April 24
  • Forex reserves tumble $ 1.47 bn to $ 292.92 bn
  • RBI pegs $ reference rate at 51.05
  • SECR freight traffic surges 7 pc in FY12
  • Sensitive items imports jump 42.6 pc during April-Jan.
  • Set up fund to provide dollar loans to SMEs, Fieo tells RBI

International Transport Journalweb site
APRIL 16, 2012
  • Dusseldorf welcomes UAE service expansion
    Air Berlin, now a member of the One World Alliance, began daily flights between Dusseldorf (Germany) and Abu Dhabi (UAE) on 28 March 2012. The carrier uses an A330-200 with a cargo...
  • Finland's national railway reports drop in freight volumes
    VR Group, Finland's state railway, only hauled 34.8 million t of goods in 2011, 2.7% less than in the preceding year. The company was also forced to post of loss of EUR 10.8 millio...
  • US market: German manufacturers see strongest March since 2007
    German manufacturers noted that their sales of light trucks (SUV, CUV, vans and pick-ups) in North America grew faster than the US market in March 2012. Whilst sales overall jumped...
  • Denmark: police and transport industry start fight against crime
    The Danish police and the country's transport industry organisations recently had their first meeting in a new cooperation. The alliance's goal is to go on the offensive against cr...
  • Tarros restyling and upgrading Great Pendulum Service
    Tarros, a regional container carrier and multi-transport operator specialized in the Mediterranean region, recently completed the restyling and upgrading of its Great Pendulum Serv...
  • CMA CGM introducing peak season surcharge
    The French shipping company CMA CGM is introducing a peak season surcharge of USD 200/teu today (16 April). The rate hike applies to services between North Europe, the Red Sea and ...
  • Air China temporary reduces Dubai service
    From today (16 April 2012) until 1 July 2012, Air China is reducing its Beijing - Dubai service. The carrier is operating the link four times per week instead of five. The Monday s...
  • ABC awarded IOSA certification
    AirBridgeCargo Airlines (ABC), Russia's biggest cargo carrier, has successfully completed an audit to be listed in the Iata Operational Safety Audit (IOSA) regis...
  • BLS Cargo hauled more goods in 2011
    The Swiss freight railway BLS Cargo reported that its earnings before interest and tax came to CHF 4.2 million in 2011, CHF 1.8 million more than the previous year. The company's t...
  • New name for Zurich's forwarding association
    Zurich's forwarding association (Zürcher Spediteur-Vereinigung/ZSV) recently held its 89th annual general meeting, which was well attended by around 100 members and guests. During ...
  • Kandia Dulce Romania trusts in DB Schenker Logistics
    Kandia Dulce, one of Romania's leading confectionary companies, has awarded the German service provider DB Schenker a contract to manage its warehousing and transportation activiti...
  • Nobert Dentressangle launches new service
    Norbert Dentressangle Overseas - the fast-growing freight forwarding division of the French service provider Norbert Dentressangle - has launched 'Red Sky Connect', a managed, end-...
  • IJS Global appoints head of ocean freight for EMEA
    IJS Global has further expanded the senior management team of its ocean freight division by appointing Matthew Deer as head of ocean freight EMEA and senior vice-president. He repo...
  • New UK manager of sales for SBS Worldwide
    SBS Worldwide has named Richard Perriman as UK general manager of sales. He has been in the industry for 25 years, working for a variety of freight forwarders. Most recently Perrim...

Marine Logweb site
APRIL 16, 2012
  • Kvichak delivers RB-M C to Seattle Police Department
  • Bourbon AHTS is first vessel drydocked by Damen Shiprepair...
  • ACL buys eight SeaRiver tank barges
  • Teekay Corporation to sell most of its tankers to Teekay...
  • P&O Maritime research vessel carries out survey for Irish...
  • Vancouver Shipyards calls in STX to help it gear up for NSPS...
  • Mærsk Mc-Kinney Møller dies at 98
  • Polar research ship has Raytheon Anschütz IBS
  • ASL Marine adds five vessels to its order book

World Wide Shipperweb site
APRIL 16, 2012
  • Port of Kalama to fill port commission vacancy
  • Port of Bellingham schedules airport planning public meetings
  • 13th District Coast Guard officer selected as top enlisted person
  • Port of Newport seeking Director of Finance applicants
  • Wallenius Wilhelmsen Logistics making environmental headway

Lloyd's Listweb site
APRIL 16, 2012
  • Italian judgment looks set to be an antitrust milestone
    Fines imposed on cartel for fixing agency fees could be seen as authorities' opening salvo in a purge of anti-competitive practices
  • Brussels supports first non-ECA LNG supply project
    Ten-T funding for seven maritime projects has been revealed
  • TT-Line plans scrubber trials
    Ferry operator plans 2013 retrofit
  • Ferry operators trial cold ironing power systems
    New standards and EU funding see lines trial shore-based power
  • Shipowners ill-prepared for UK Bribery Act
    Firms that fall short could be forced out of the market
  • LPG carrier owners charge premium for Iran spot market loadings
    Iranian fixtures help keep Middle East-Asia spot market stable
  • Pipeline repair boosts Mediterranean aframax rates
    Turkish oil exports recover as Ceyhan pipeline reopens
  • Shipping remembers Maersk Mc-Kinney Moller
    Friends, family and colleagues pay tribute to a modest man with a creative streak
  • Maersk Mc-Kinney Moller dies
    Legendary shipowner leaves extraordinary legacy
  • Indonesian mining tax is bad news for bulk shipping
    Punitive export duties could be introduced within a few months
  • New low price benchmark set for Chinese-built capesize bulker resales
    Cancelled orders resold by Jinhai Heavy Industries to European buyers for $36.5m
  • MISC sells biggest boxships
    Full exit from container shipping underway
  • German cargoship diverted amid claims of Syria arms run
    Ukraine-chartered vessel to be searched after reported breach of arms embargo
  • Vos Logistics posts 5% rise in net turnover
    Domestic and international cargo volumes both up in the first nine months of 2011
  • Sharp fall in lending to shipowners
    Dealogic reports 68% drop in first quarter
  • TT Club writes more business
    But profits fall by 90% due to difficult claims environment
  • Ningbo Marine sells bulker for $3.6m in scrap deal
    Shanghai-listed owner legally obliged to scrap 1978-built handysize
  • Maersk Mc-Kinney Moller
    Death of Maersk Mc-Kinney Moller leaves group facing a new era
  • Too tight to mention
    Norwegian bond market goes where others fear to tread
  • Chinese and Bangladeshi interest boosts scrap prices
    Surge in activity prompts Indian breakers to raise prices too
  • Brussels fine weakens K+N results
    First-quarter results 'unsatisfactory' despite volume growth
  • Evergreen confirms 13,800 teu order
    Taiwanese line secures ships at bargain price
  • China and Germany sign MoU to build onshore power systems for vessels
    Countries agree to develop exhibition project in Shanghai and Hamburg
  • When Maersk Mc-Kinney Moller called in on Lloyd's List
    Said a personal thank you for his Lifetime Achievement award
  • Rasmussen and Andersen pay tribute to Mc-Kinney Moller
    Passion and vision an inspiration to workforce
  • Liverpool tug crews to strike next week
    Svitzer faces four-day walkout
  • Shanghai box throughput growth slows in first quarter
    Port performance in line with forecasts as Chinese growth slows
  • Abu Dhabi's Mina Zayed port sees 47% rise to 768,000 teu
    Container volumes have more than tripled since 2006 but chief executive says most exciting years are still to come
  • UASC fixes $150m loan facility from Burgan Bank
    Shipowner plans service expansion in key trades
  • Tighter maritime security pays off in Asia
    Fewer incidents in Malaysia, South China Sea and Straits of Malacca in first quarter

Fairplayweb site
APRIL 16, 2012
  • MPP vessel in sanctions row
    A GERMAN multipurpose vessel has been pulled from a voyage to Syria by its owner/manager in the Eastern Mediterranean due to fears over a sanction breach
  • Grounded ship refloated in Karachi
    TAIWANESE container ship YM North loaded with 1,740 containers which ran aground near Karachi Port was re-floated on Saturday
  • Canada boosts Churchill prospects
    CANADA'S government has created a C$25M ($25M) fund to support the diversification of shipping through the Port of Churchill
  • One dead, four hurt in breaking blast
    A MASSIVE blast killed one worker and critically injured four others at India's Sachana Ship Breaking yard on Friday
  • Indian companies put $300M abroad
    India's Mercator, Varun Shipping and ABG Shipyard decided to invest about $300M abroad in March, data released over the weekend by India's banking regulator, the Reserve Bank of India (RBI), has revealed
  • Freight hikes hit K+N earnings
    Freight forwarder Kuehne + Nagel today reported a considerable drop in first-quarter earnings due to soaring freight rates
  • New antitrust suit filed
    A major new antitrust action has been filed by 37 shippers related to alleged price-fixing in the US-Puerto Rico box trade in 2002-2008
  • Long Beach imports jump
    MARCH container imports to California's Port of Long Beach increased 18.3% year-on-year to 226,150teu, spurred by a post-Chinese New Year volume surge
  • Seadrill to expand Seabras for listing
    SEADRILL, the listed company in the centre of John Fredriksen's offshore business, plans to expand the operations of its Brazilian unit Seabras before listing the company
  • US scrappers plead guilty
    OWNERS of a US ship-breaking company have pled guilty to environmental crimes stemming from their scrapping business in Virginia
  • Bangladesh, China rule breaking game
    BREAKERS in Bangladesh and China upped their offers last week as both countries had an avid appetite for tonnage
  • Discounts prompt bulker purchases
    FALLING asset prices are spurring investments in the secondhand bulker market, despite the Catholic and Orthodox Easter holidays last week
  • Torm and banks agree temporary standstill
    DS Torm, the trubled Danish product tanker and dry bulk shipping group, and its bank group have extended the deferral of instalments and covenant standstill until 30 April 2012
  • Bulker scrapping up; fleet growth also up
    THE rate at which dry bulk carriers have been scrapped so far this year has been brisk, but analysts have mixed views about the future
  • Asciano, MUA agree to formal talks
    AN END to the battle between port operator Asciano and the Maritime Union of Australia appears close, after both parties agreed to a formal resolution process starting today

The Journal of Commerceweb site
APRIL 16, 2012
  • Puerto Rico Shippers Sue Sea Star, Crowley
    More than three dozen customers of Sea Star Line and Crowley Liner services have filed a triple-damage antitrust lawsuit against...
  • Diesel Prices Fall for Second Time in Three Weeks
    Diesel prices across the U.S. fell for the second time in three weeks, slipping 2.1 cents in the week ending...
  • US-Colombia FTA Set to Take Effect Next Month
    U.S. exporters and importers will be able to better tap the growing Colombian economy starting May 15 when the free...
  • UASC Completes $150 Million Financing Deal
    United Arab Shipping Co. has concluded a $150 million financing deal that includes a seven-year senior term loan facility with...
  • High-Tech Product Launches Lift Cathay Pacific
    The launch of electronic products by manufacturers such as Samsung and Apple gave a significant boost to air freight exports...
  • Emirates SkyCargo Boosts Dubai-Australia Capacity
    Emirates SkyCargo has doubled freighter capacity on its service between Dubai and Australia. The Boeing 777 freighter service will...
  • LA-LB Container Volumes Climb
    Container volumes at the ports of Los Angeles and Long Beach bounced back strongly in March following a weak February....
  • Frankfurt Airport Cargo Declines 11 Percent
    Frankfurt airport handled 11 percent less freight in March than a year ago as a night flight ban aggravated the...
  • Intermodal Volume Inches Up 1.1 Percent
    U.S. intermodal rail shipments in the week ending April 7 rose 1.1 percent year-over-year and fell. 4.7 percent from the...
  • TT Club Income Hit by Record Catastrophic Claims
    The TT Club, a mutual insurer of transport and logistics risk, reported a 90.6 percent drop in net income on...
  • House Likely to Vote Tuesday on Transport Bill Extension
    The House is expected to vote Tuesday on another 90-day funding extension for surface transportation programs, giving Democratic members the...
  • Kuehne + Nagel's Profit Slumped in First Quarter
    Kuehne+Nagel's first quarter profit slumped to $73.5 million from $167.5 million a year ago as the Swiss global logistics group...
  • Maersk Mc-Kinney Moller Dies at 98
    Maersk Mc-Kinney Moller, the legendary Danish shipowner who helped build Maersk Line into the world's biggest ocean container carrier, died...
  • Ocean Carriers Ready Further Rate Hikes
    Ocean carriers are preparing a fresh round of rate hikes on the Asia-Europe trade, taking advantage of stronger-than-expected cargo growth...
  • Indian Authority Slashes Rates at PSA Chennai Terminal
    India's Tariff Authority for Major Ports ordered a 12.23 percent reduction in tariffs levied by Chennai International Terminals, a PSA...
  • Abu Dhabi Terminals Volume Rose 47 Percent in 2011
    Abu Dhabi Terminals saw volume rise 47 percent year-over-year in 2011, reaching 767,713 20-foot equivalent units. ADT currently operates...
  • ANA, JAL International Cargo Volumes Soar
    Japan's All Nippon Airways Co. (ANA) said that its international cargo volume soared 24.5 percent in February from the same...
  • Evergreen Orders 10 Mega-Ships
    Evergreen Line said it will charter 10 ships with capacities of 13,800 20-foot equivalent units. The Taiwanese...
  • Growing World Demand Sparks the End of Cheap Oil
    All it took was the March 25 shutdown of a single North Sea oil platform to boost Brent crude oil...
  • ILA Talks Off to Quiet Start
    After a mighty bluster in the run-up to negotiations for a new contract at East and Gulf Coast ports, the...
  • Class 8 Heavy Truck Orders Decline
    Are trucking companies losing confidence in the recovery and slowing plans to upgrade or expand capacity? There are signs carriers...
  • YRC Freight Streamlines Operations
    YRC Freight streamlined its nationwide network last week, implementing changes to reduce freight handling and focus the $3.2 billion less-than-truckload...
  • FMCSA Cracks Down on Fraudulent Brokers
    When the gavel finally came down on convicted scam artist Kulwant Singh Gill on March 28, it came down hard....
  • Potholes Scar Road to US Highway Bill
    The curtain is nearly drawn on Congress passing a surface transportation bill this year, but a positive House performance could...
  • Senators Want Mexico to Drop Poultry Probe
    A bipartisan group of 16 senators, led by Tom Carper, D-Del., and Saxby Chambliss, R-Ga., have sent a letter to...
  • Holt Completes Rooftop Solar Power Plant
    Gloucester Marine Terminal in New Jersey is one of the nation's largest dockside refrigerated warehouse facilities. Now it is also...
  • Purfresh Expands Latin America Staff
    Purfresh Inc., which provides ocean transportation and supply chain management technologies that optimize the quality and safety of fresh produce,...
  • New Pharma Service for TNT Express
    TNT Express has started a service it says will simplify and secure the international movements of pharmaceutical products such as...
  • Growing Cold Train Gets Drayage Partner
    Rail Logistics-Cold Train and Interstate Distributor forged a partnership in which Cold Train will use a dedicated fleet of trucks...
  • Kuehne + Nagel Starts Pharmaceutical Service
    Swiss freight forwarder Kuehne + Nagel has introduced a new product for the pharmaceutical and health care industry. KN...
  • Klinge Unveils Blast Freezer Box
    Refrigerated equipment manufacturer Klinge has introduced a lower-cost version of its blast freezer container, which quickly freezes cargo to minus-76...
  • Refrigerated Warehouses See Growth in Profits
    The outlook for growth in profits improved for North American public refrigerated warehouse companies in the second half of 2011...
  • Savannah Expands Reefer Capacity
    The Georgia Ports Authority added 20 refrigerated container racks at the Port of Savannah's Garden City Terminal. Each...
  • Wilmington, Del., Sets Cargo Records
    The Port of Wilmington, Del., handled 5,084,478 tons of cargo last year, up 26 percent from 2010, and achieved the...
  • Family Dollar to Expand Reefer Product Line
    Family Dollar Stores plans to add about 1,000 items to its stores this year, including more frozen breakfast, lunch and...
  • Target Set to Break Ground on Food Distribution Center
    Target Corp. is ready to begin construction of a $103 million refrigerated distribution center in central Ohio that will employ...
  • Trade Blocks Often Protectionist in Nature
    Bilateral negotiations to end agricultural trade disputes failed with 46 nations, the European Union, the Gulf Cooperation Council and the...
  • Agriculture Trade a 'Risky Business'
    Analysts and economists at the U.S. Department of Agriculture are full of good news about sales prospects for U.S. farm...
  • US Food Safety Regulations Come at a Price
    First came the Facebook posts that got shared and reshared. Within a few days, "pink slime" was a trending topic...
  • Reefer Truck Shortages Boost Rates
    There will be more Florida oranges coming out of the groves and onto refrigerated trucks this year - good news...
  • US Agricultural Foods Whet Chinese Appetites
    China's consumers spent $962.8 billion in grocery stores last year, pushing the country to the world's top spot in grocery...
  • Food Exporters Note PierPass Flaws
    Refrigerated shipments are expected to grow along with the world's middle class, but a representative for U.S. food exporters warns...
  • US Exporters Hope for Bigger Piece of Korea's Market
    A month after the U.S.-South Korea free trade agreement took effect, U.S. pork producers, cattle ranchers and fresh fruit and...
  • In Mexico's Trade Complaint: Parts Ain't Parts
    Take 30 seconds to relive part of the 1980s when fast food chain Wendy's spent millions of dollars...
  • On Container Shipping: Where's the Logic?
    Just when it looked as if ocean carriers were nearing a recovery of some sort, with rate increases taking hold...
  • US Auto Production Revving Up Exports
    Saratoga Honda's parking lot is full of new cars, a sharp contrast to last summer, when the auto dealer's supply...
  • The Shift to a Cleaner, Cheaper Fuel Is a Slow One
    Booming natural gas production isn't just giving the truck industry extra loads to haul. Low natural gas prices are providing...

Containerisation Internationalweb site
APRIL 16, 2012
  • K+N takes knock in Q1 12
    Despite further cargo growth, Kuehne + Nagel suffered a reduction in profitability in Q1 12 due to lower margins in forwarding and its fine of CHF65 (USD70.2) million ...
  • Savannah port move closer to harbour deepening
    The US East Coast Port of Savannah is a step closer to realise its ambition to deepen its harbour as after 15 years of study. The United States Army Corps of Engineers ...
  • Transpac rate hikes off the agenda?
    In its weekly US logistics market review, Wall Street's Wolfe Trahan, has provided more evidence that the rebound in ocean freight rates on the Asia to USWC tradelane ...
  • Yusen expands ISO coverage in Europe
    Yusen Logistics can now boast 12 countries and 35 individual facilities as compliant under its ISO 14001 quality control certification as it strives to improve ...
  • Maersk Mc-Kinney Moller: R.I.P
    Denmark's greatest businessman - the driving force and figurehead of a global transport and energy business employing 108,000 people across 135 countries - Maersk ...
  • Northport orders more equipment from Cargotec
    Northport (Malaysia), which operates one of the main container-handling complexes in Port Klang, and Cargotec, a leading supplier of container-handling equipment, ...
  • China boosts yuan
    The chief of the International Monetary Fund [IMF] Christine Lagarde, has welcomed the People's Bank of China's decision to allow its currency to move up or down ...
  • Mina Zayed powers ahead
    Mina Zayed, Abu Dhabi, posted a massive 47% jump in its box throughput in 2011, with a total of 767,713 TEU handled. The rise in traffic volumes was attributable ...

TradeWindsweb site
APRIL 16, 2012
  • Heavy claims hit TT Club
    Liner shipping mutual manages to hold on to profitability despite natural disasters, port damage and containership casualties.
  • Drunk master jailed
    Russian captain found asleep at helm of Danica Hav banned from vessels for a year by Danish court.
  • NSCSA brushes off downturn
    Saudi tanker owner defies the gloom to post huge first quarter profit.
  • Tanker raided off Singapore
    Robbers board Vietnam's Great Fish, threaten crew and steal cash before escaping.
  • Seadrill IPO delayed again
    Fredriksen drilling company focuses on new structure for Brazilian spin-off ahead of listing.
  • 'Demanding but inspiring'
    AP Moller CEO and chairman add their voices to those lining up to honour Maersk Mc-Kinney Moller.
  • Tributes flood in for legend
    Current and former employees remember Maersk Mc-Kinney Moller the businessman and the gentleman.
  • Farstad sheds two more
    Oslo-listed owner accelerates disposal of 1980s-built tonnage.
  • Sell-offs back on agenda?
    Renewed speculation over Danske Bank disposal after death of Maersk Mc-Kinney Moller.
  • Bumi confirms Caspian deal
    Hassan Basma-led outfit seals $200m pipelaying contract with Russian giant Lukoil.
  • Mc-Kinney Moller dies
    Grand old man of Danish shipping passes away three months short of 99th birthday.
  • ASL Marine seals big win
    Singapore-listed shipbuilder inks deal for five offshore support vessels.
  • "Arms ship" diverted
    German government to check Bockstiegel vessel accused of carrying Iranian weapons to Syria.
  • Sungdong cuts deficit
    Korean shipbuilder hopeful of new orders as big annual loss is reduced in 2011.
  • CGGVeritas wins Angola job
    Paris-based seismic outfit nets five-year deal to gather data off Africa's largest oil producer.
  • DSME to win Q2 duel
    Deutsche Bank backs Daewoo to win the most orders among Korea's big three in the second quarter.

American Shipperweb site
APRIL 16, 2012
  • Argentine logistics park receives overseas financing
  • AIR expands risk planning to supply chain
  • Liner icon M'ller passes away
  • Restructuring leaves Horizon more financially secure
  • Antitrust fine hits K+N's bottom line
  • CMA CGM raising European export rates
  • UASC in $150 million financing deal
  • Cathay's cargo down 10% in March
  • J.B. Hunt reports record 1Q profit
  • CORRECTION: Asia exports up 15.6% in February

The Bunker Bulletinweb site
APRIL 16, 2012
  • Prices go downward across the board
    Low sulphur avails tight in Rotterdam.
  • Prices falling in Fujirah and Suez
    Average bunker demand in Fujairah.
  • Maersk Mc-Kinney Moller dies aged 98
    Speculation that A.P. Moller-Maersk Group could be split.
  • Combined SOx and NOx emission removal 'up and running'
    Removing SOx and PM by dry scrubbing and then reducing NOx by SCR 'is an ideal combination,' says EGCSA.
  • US port predicts 'new market for biofuels by 2015'
    Cruise ships will be 'leading the conversion to biofuel-based energy.'
  • Russian fuel oil tax set to fall
    May export duties could be $8 pmt below the April figure.
  • WWL 'on track' with 30% CO2 reduction target
    Maintains it global low-sulphur fuel policy and says environmental performance is 'a key success factor' for the future.
  • Week opens with lower bunker prices
    Traders mixed about demand levels across most of the key Asian ports on Monday.
  • Chinese port in LNG supply deal
    Player says joint venture will boost prospects for LNG being supplied to ships as fuel.
  • New Indian port plans competitive bunkering service
    Developer of port between Mumbai and Goa in talks with public sector oil firm to offer Fujairah price levels.
  • Shipyard diversifies with bunker tanker order
    Shanghai Waigaoqiao Shipbuilding building bunker tankers to 'fill up its berth slots'.
  • Norden CEO reiterates company's focus on climate
    Emphasis on fuel efficiency 'essential' for its long-term business, says Carsten Mortensen.
  • Hong Kong bunker sales up 7% in March
    Deals completed generally small on high bunker prices, local players say.
  • Torm gets further reprieve
    Secures further extension to defer debt installments and covenant standstill as it works on its financial restructuring.
  • Bunker tanker owner mulls cancelling newbuilds contract
    Following 'significant' delivery delays from the Chinese shipyard, says Yujin.

›››File
FROM THE HOME PAGE
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
The threat to shipping in the Red Sea grows as Houthis seize Perim Island.
Sana'a/Hamburg
German shipowners warn that the possibility of returning to the Suez route is further removed
New attacks on ships in the Strait of Hormuz
Southampton/Tehran
IRGC Navy strikes US naval drone
Port of Long Beach reports record container traffic for August
Long Beach
In the first eight months of 2026, volumes grew by +1.3%
WSC reports that containers full of lithium batteries can be shipped without being identified as dangerous goods
Washington
Kramek: People, ports, ships and the marine environment at risk
T&E, the EU Commission's proposed revision of the ETS for shipping is a hesitant step forward.
Brussels
If the system is extended to small naval units - the association highlights - however, exemptions and derogations risk nullifying its climate impact.
Transalpine rail freight traffic still under pressure despite economic recovery
Transalpine rail freight traffic still under pressure despite economic recovery
Bern
The road runs faster than the rail
Artificial intelligence drives global trade, despite Middle East and tariffs
Artificial intelligence drives global trade, despite Middle East and tariffs
Geneva
The WTO's barometer is rising. Demand for semiconductors and electronic components is offsetting geopolitical tensions.
Green light for €1.35 billion in investment in the port of Bremerhaven.
Bremen
It is the largest amount of funding the federal government has ever allocated to a project in the state.
APM Terminals Signs Agreement to Develop Nigeria's Badagry Port
Copenhagen
Four kilometers of docks with a draft of -18 meters would be built
Renaissance Partners has signed a binding agreement to acquire De Wave Group.
Genoa/Milan
The Genoese company will be sold by the American company Platinum Equity
Decarbonizing shipping: a €36 billion challenge and a €45 billion opportunity for Italy
Cernobbio
Without investments in ports, Italy risks losing 80 billion euros in added value by 2050.
Canadian unions want BC Ferries to build new ferries in British Columbia
Delta
The company's latest order was to Chinese company CMI Weihai
Filt, Fit, and Uilt should withdraw the amendment that puts port businesses and cooperatives at risk under Article 17.
Rome
The unions fear the progressive replacement of a structural function of the port with precarious forms of work
Norwegian Nor Cruises signs MoU with China's SWS for 2+3 new cruise ships
Shanghai
The units would have a gross tonnage of 84,000 tons
In July, ship traffic in the Suez Canal increased by +27%
Cairo
In the first seven months of this year, maritime traffic was 8,244 ships (+15.9%)
Tomorrow Kombiverkehr will launch an intermodal connection between Regensburg and the Interporto Quadrante Europa
IMO, the Net-Zero Framework remains stalemate: agreement on carbon pricing is still lacking.
London
38 states voted in favor and 17 against. Formal adoption postponed until December.
Brussels launches the Maritime Industrial Alliance
Brussels
The EMA, the new EU instrument to coordinate industry, member states, and investors in the maritime sector, is born.
The safety and sustainability of ship recycling operations must also be guaranteed in the downstream work phases of the supply chain
Geneva
This is underlined by the representatives of the unions belonging to IndustriALL Global Union
Study to create a maritime corridor between the UK and the US using nuclear-powered container ships
London
Two Filipino sailors killed from ship attacked Monday in the Strait of Hormuz
Riyadh
Bahri VLCC Sidr hit
Shipowners' associations welcome proposal to include two Indian shipyards in EU list of ship recycling facilities
Brussels
BIMCO, ECSA, ICS, Intercargo, Intertanko and WSC consider this an important step towards addressing the structural capacity shortage in the European list
In Panama, the provision that protected the confidentiality of port concession contracts has been repealed
Balboa
The Panama Maritime Authority has accepted the request for transparency made by President José Raúl Mulino.
Fincantieri and TKMS sign agreement to strengthen collaboration in the underwater segment.
Trieste/Kiel
The agreement does not provide for mergers or acquisitions
Philippine terminal operator ICTSI to acquire African port operator TLG
Manila
The company operates in Mozambique, Namibia and South Africa
EU ship recycling facilities are operating well below capacity as European vessels continue to be dismantled in Asia
Brussels
This is reported by a study by Shipbreaking Platform and Transport & Environment
In the second quarter, cargo traffic in the Moroccan port of Tangier Med reached a new record
Anjra
Growth of +6% recorded in the first six months of 2026
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Container shipping market recovery drives COSCO Shipping Holdings' quarterly results
Hong Kong
The Chinese group has ordered 12 new 22,000 TEU container ships and six 3,200 TEU ones.
G20 trade accelerates in second quarter
Paris
Imports of goods and trade in services are driving growth, while exports are maintaining a strong pace
La Spezia Container Terminal invests €90 million in port equipment for the new Ravano Terminal.
La Spezia
OOIL's half-year results are weighed down by the negative performance of the first quarter
Hong Kong
The January-June period closed with a net profit of 729.3 million dollars (-23.6%)
Port of Livorno: The Regional Administrative Court (TAR) has annulled the extension of the coastal landscape restriction to the port and hinterland areas.
Florence/Livorno
SBB CFF FFS Cargo returned to profit in the first half of the year
Bern
The Swiss group's trains transported over six million passengers (+1.3%)
White House denounces practice of "illegal" port transshipment to evade U.S. tariffs
Washington
IMO urges naval missions to counter rising piracy in the Gulf of Aden
London/Riyadh/Southampton
The very large crude carrier "Amzan" of the Saudi company Bahri was attacked in the Red Sea.
CMA CGM and Red Sea Gateway Terminal finalize agreement for Terminal 4 at Jeddah Port
Paris
The planned investment amounts to approximately 434 million dollars
The slowdown in the Chinese economy is reflected in port traffic
The slowdown in the Chinese economy is reflected in port traffic
Beijing
In July, overall traffic decreased by -3.4%, with a contraction that no longer only concerns domestic trade, but is also starting to affect goods with foreign countries.
In the second quarter, freight traffic in the port of Bremen/Bremerhaven grew by +6.0%
Bremen
In the first six months of 2026 the increase was +5.9%
Fincantieri and Viking convert options into orders for two new cruise ships
Trieste
A ship was boarded by pirates in the Gulf of Aden
Southampton
The unit was forced to head towards Somalia
CK Hutchison initiates international arbitration proceedings against the Republic of Panama
Hong Kong
The action follows a similar one by its subsidiary PPC. The lawsuit seeks damages of $2 billion and over $1.5 billion.
Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II
Hamburg
The Maersk Group company will retain operational control of the Dutch terminal
The German company Hapag-Lloyd has signed an agreement with APM Terminals, the terminal operator of the AP Møller-Mærsk shipping group, for
ZIM also records a recovery in the second quarter
ZIM also records a recovery in the second quarter
Haifa
Acquisition by Hapag-Lloyd expected by the end of the year
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
In July, freight traffic in the port of Ravenna grew by +6.7%
Ravenna
A sharp decline of -21.2% is expected for August
Giulio Stoppa is the new general secretary of Trasportounito
Rome
A choice of continuity that at the same time marks the beginning of a new phase
The launching ceremony of Viking Astrea took place at the Fincantieri shipyard in Ancona
Ancona/Los Angeles
Viking's Board has authorized a share buyback program of up to $1 billion.
Meyer Werft begins construction of the Carnival Tropicale cruise ship
Papenburg
With a gross tonnage of 180,000 tons, it will be able to accommodate over 6,000 passengers.
VTG sells its UK subsidiary VTG Rail UK to pension fund USS
Hamburg
The company operates in the railway freight wagon leasing sector.
The Genoa Coast Guard reaches its 100th Port State Control inspection of 2026.
Genoa
More than 250 deficiencies have been detected so far
ABB and Oceanly collaborate to integrate and optimize ship performance and operations
Genoa
Strategic agreement between Federlogistica and the Port of Xiamen
Genoa
Feasibility study for a maritime connection between the Chinese port and Genoa
Container traffic at the Port of Los Angeles remained stable in August
Los Angeles
The increase in empty garages has offset the decrease in full ones
Gulftainer to acquire stake in Thailand's Suksawat Terminal
Sharjah/Bangkok
It is located on the Chao Phraya River, in Bangkok
Robo.ai establishes a company specializing in maritime and submarine security
Abu Dhabi
Al-Mansory: We will produce locally and provide solutions for markets around the world
Kombiverkehr has taken full control of Spanish company Combiberia
Frankfurt am Main
The shares were acquired from the other 20 members
US forces hit five Iranian oil tankers
Tampa
Attacks in the Gulf of Oman and near Kharg Island
Conditions met for the acquisition of AD Ports by Abu Dhabi's sovereign wealth fund
Abu Dhabi
Construction of the above-ground section of Genoa's new breakwater has begun.
Milan
Construction of the wave barrier is underway
For the first time, a woman leads the Panama Canal Authority.
Balboa
Engineer Ilya Espino de Marotta's term will expire in 2033.
Blu Navy has acquired a stake in Banca dell'Elba
Portoferraio
Schenone: We are a group united by the desire to contribute to the economic and social development of the island.
HMM signs a contract worth approximately $3.5 billion with Vale
Seoul
It involves the maritime transport of iron ore on behalf of the Brazilian company
Kongsberg Maritime signs deal to buy Finland's Steerprop
Oslo
The Rauma-based company designs and manufactures marine propulsion systems
New drug seizure in the port of Livorno
Livorno
53 kilograms of pure cocaine in a container from Peru
In the first three months of 2026, freight traffic in Belgian ports fell by -4.0%
Brussels
Landings and embarkations decreased by -2.0% and -6.4% respectively
A series of meetings on the new Port System Master Plan for the ports of Genoa and Savona-Vado has begun.
Genoa
The new concession agreement with Amico & Co Spa has been finalized.
Port of Ravenna: Extraordinary maintenance of the "truck-accessible" section of Via Baiona has been approved.
Ravenna
MacGregor will celebrate the 65th anniversary of its Italian branch in Genoa
Genoa
The company is based in the Naval Repair area of the port of Genoa
Anemoi wind propulsion system to be installed on a Maersk container ship
London
The aim is to increase the ship's energy efficiency and reduce its emissions.
The selection process for the new Secretary General of the Central-Northern Adriatic Sea Port Authority has begun.
Ravenna
Expressions of interest to be submitted by September 21st
MacGregor opens a new technical assistance center in Trieste
Stockholm
The main focus will be the European area, including the specialized megayacht sector.
Tanker hit by three shells in the Strait of Hormuz
Southampton
An accident also in the Indian Ocean
Floriana Gallucci is the new secretary general of the Ionian Sea Port Authority.
Taranto
The Management Committee of the institution has approved the appointment
Crew of ferry that sank in Northern Cyprus arrested
Nicosia
Eight people died in the accident. 17 other passengers are missing.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Singamas's profit halved in the first half of 2026
Hong Kong
The Chinese company is focusing on energy containers. During the period, sales of specialized containers exceeded those of standard boxes for the first time.
CIMC sells more containers, but profits plummet
Hong Kong
Half-year profit in this business segment fell by -81.2%
In the first half of this year, China
COSCO Shipping Ports reports record quarterly and half-year revenues
Hong Kong
Net income for the first six months of 2026 was $276.6 million (+23.2%)
In the first six months of 2026, CMPort's revenues grew by +13%
Hong Kong
Net profit up 7.4%
Meyer Werft revenues to grow by 107% in 2025
Papenburg
The financial year ended with a net loss of -383.8 million euros
Messina will launch the new West Med Line scheduled service in September
Genoa
It will bring together existing services for Algeria and Libya
The launch of the luxury cruise ship Oceania Sonata was celebrated in Marghera
Trieste
The unit is scheduled for delivery in 2027.
Tarros will include the port of Salerno in its Italy-Libya Express service.
La Spezia
The vessel "Vento di Zefiro" will be placed on the route
MPCC reports declining quarterly results as part of fleet renewal plan
Oslo
Kuehne+Nagel's honorary president has died.
Schindellegi
Klaus-Michael Kühne had joined the family business in 1958
A shipment of 65 kilograms of cocaine was seized in the port of Livorno.
Livorno
It would have brought in around 20 million euros to the criminals
In July, Spanish ports handled 47.7 million tonnes of goods (-1.8%)
Madrid
Containers amounted to 1,581,071 teu (-5.6%)
Join us at the Communion and Liberation Meeting in Rimini
Rome
Participation in the exhibition area of the Ministry of Infrastructure and Transport
Port of Ravenna: Executive project for redevelopment of the "Ex Carni" area begins
Ravenna
The aim is to give full functionality to a new logistics and industrial sector in the port area
Container traffic in the port of Algeciras decreased by 11.4% in July.
Algeciras
In the first seven months of 2026 the decline was -3.3%
Hupac will strengthen its intermodal service between Basel and Busto Arsizio.
Noise
An eighth weekly rotation will be introduced from September 7th
Sallaum creates a company for land logistics of cars in Europe
Vilnius
It will initially be equipped with 50 car transporters and the fleet will reach 300 vehicles by 2029
In the second quarter, freight traffic in the port of Taranto grew by +6.7%
Taranto
An increase of +104.9% was recorded in July
Viking Holdings Cruise Line Reports Record Quarterly Revenue
Los Angeles
Net profit of $587.7 million (+33.8%)
Container traffic at the Port of Los Angeles dropped 5.8% last month.
Los Angeles
In the first seven months of 2026, growth of +1.8% was recorded
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Rosatom expects cargo traffic along Northern Sea Route to rise 14% in 2026 - CEO
(Interfax)
HD Hyundai Heavy Industries Ends Joint Venture Plan for Block Factory with India's Cochin Shipyard
(Maeil Business Newspaper)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
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