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Independent journal on economy and transport policy
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BRIEFS
October 29, 2012
Sched Netweb site
  • Asia-Europe rates rise 22.4pc to US$1,315/TEU after three-month slump
  • Increasing pace of Asia-Europe layups will support rate hikes: Analysts
  • NOL credits new efficiency, rate stability for first profit since 2010
  • Panama's Colon road traffic at standstill as riots pause, then resume
  • World Bank declares Singapore more business friendly than Hong Kong
  • Fujian September foreign container volume rises 5.8pc to 955,700 TEU
  • Guangxi Autonomous Region launches direct shipping service to US
  • Shenzhen hits transport sector with new national VAT from November
  • New Canadian Pacific CEO delivers 20pc profit hike as revenues rise 8pc
  • Argentine floods bring terminals in San Lorenzo port to standstill
  • Black Sea feeder, short-haul services focus on Port of Novorossiysk
  • Ex-TNT boss Marie-Christine Lombard named CEO of state-owned Geodis
  • DP World to start building 1.3 million TEU capacity Turkish terminal
  • Globe Express opens 23,000-square-metre terminal yard in Dammam
  • Korean Air third quarter operating profit up 30.5pc to US$309.7 million
  • UAL quarterly profit declines 37pc to US$6 million, revenue off 2.6pc
  • Deutsche Post, DHL set up parcel centre near Frankfurt-Main Airport
  • Air Tanzania slammed for wasting state funds in leasing old, costly 737

Exim Indiaweb site
OCTOBER 26, 2012
  • Chances of ships colliding with fishing vessels high: Vasan
  • Containership deliveries set for new high in 2013
  • Daniel Terbille is FIATA's Young International Freight Forwarder of the Year
  • Gujarat Junction 2012 to see comprehensive deliberations on pertinent issues in maritime
  • Heavy crude imports to surge on public sector demand
  • Maersk Line wins Lloyd's List Environment Award for the Middle East & Indian Subcontinent
  • NOL Chairman calls for container shipping to focus on efficiency & cost control
  • SCI adds one more Panamax bulk carrier to fleet
  • West African pirates seen honing methods
  • Adani Enterprises' EBIDTA increases 8 pc in Q2
  • Proposed Tuas megaport to sharply boost Singapore's box handling capacity
  • CN lauded for climate change information disclosure
  • Investment in highway projects shoots up to 1.75 lakh cr.
  • Service tax on parcel traffic
  • Forex reserves up $ 359 m
  • INR rises 16 paise last week
  • Mate's Receipt-A ghost document
  • An opportunity for Middle Eastern project forwarders to enhance skills
  • Rhenus facilitates shipment of 45 rotor blades from China to Germany

International Transport Journalweb site
OCTOBER 26, 2012
  • IDS: new transport service for private recipients is successful
    Demand is steadily rising for a new transport service for private recipients that was introduced by the general cargo alliance IDS around a year ago. The number of these type of sh...
  • CSX earns 2% less in Q3
    The CSX Corporation, based in Jacksonville FL and one of the USA's leading providers of rail, intermodal and rail-to-truck trans-loading services, posted Q3/2012 net earnings of US...
  • RheinCargo's supervisory board elects chairman and deputy
    Six weeks after the German logistics service provider RheinCargo GmbH began business activities, the firm's supervisory board elected Rainer Pennekamp as its chairman and Michael Z...
  • Meritor trailer axles designated as standard equipment on Wabash National Trailers
    Lafayette IN-based Wabash National, one of the leading manufacturers of semi trailers in North America, has selected Meritor, headquartered in Troy MI, and the world's largest man...
  • Korean Cargo's future Boeing B777 freighter being built at increased rate
    The US airframe manufacturer Boeing has started building the first B777 at the highest rate ever for its twin-aisle aircraft. The rate of 8.3 airplanes per month is a nearly 20% in...
  • Rail Cargo Austria puts non-craneable trailers on the tracks
    The Austrian railfreight service provider Rail Cargo Austria has developed innovative handling technology for intermodal rail traffic. The system enables all common types of non-cr...
  • Airbus inaugurates A350 XWB final assembly line
    The European aircraft builder Airbus inaugurated the wide-body A350 XWB final assembly line this week (week 43). This was an event that occurred 40 years after the maiden flight of...
  • Chinese become second largest shareholder of French airline
    The French airline company Aigle Azur, founded in 1946 and based in Paris Orly airport, has come to an agreement with the Chinese HNA Group. When the pact takes effect, HNA will po...
  • Wascosa reorganises management
    Wascosa,a European tank car lessor, recently reorganized its management. Thomas Karsten joined the company on 1 October and took over the position of chief sales officer from Richa...
  • Rhenus transports rotor blades from China to Europe
    Rhenus Project Logistics, part of the German Rhenus Group, was recently mandated by a rotor blade manufacturer to organise the maritime transport of 45 rotor blades from China to C...
  • Aramex reports growth in revenue and net profits in Q3
    The logistics company Aramex, which is listed on the Dubai stock exchange and has its global HQ in Amman (Jordan), has announced revenues of AED 763 million (EUR 160.2 millio...
  • Hermes: New contract with John Lewis in UK
    The parcel carrier Hermes UK, a member of the German Hermes Group, has won a new contract to run home delivery services for the retail giant John Lewis. The three-year deal will se...
  • Euroports and Compagnie Fruitière jointly invest in multi-purpose refrigerated fruit terminal
    Euroports and Compagnie Fruitière are jointly investing in a multi-purpose refrigerated fruit terminal. The facility will be located at Euroports' breakbulk terminal on the left ba...

Marine Logweb site
OCTOBER 26, 2012
  • Crowley christens first ocean class tugs
  • Royal Caribbean confirms it is negotiating for third Oasis

World Wide Shipperweb site
OCTOBER 26, 2012
  • DOE surprises Port of Port Angeles with $2 million dollar cleanup grant
  • General Dynamics NASSCO delivers final T-AKE 14 ship
  • Vehicle charging stations online at Portland International Airport
  • US rail freight traffic delivers mixed bag for week
  • NYK LNG vessel takes charge in recue of Sri Lankan fishermen

Lloyd's Listweb site
OCTOBER 26, 2012
  • Quasi-covered bonds could monetise shipping portfolios
    Flexible instrument allows banks option other than fire sale
  • Lekki terminal aims to boost Nigeria's box trades
    ICTSI site offering 2.5m teu of annual capacity is due to open in 2016
  • Maritime skills matter
    A range of maritime apprenticeships are in place in the UK that can match the capability of all who wish to work at sea
  • Aquasition up and running in New York
    Greek-backed acquisition vehicle begins trading on Nasdaq after raising $58m
  • Nobiskrug eyes Lindenau purchase
    Shipyard also in the frame for facilities of bankrupt P+S Werft
  • Fincantieri lands new orders worth $1.3bn from Carnival
    Bono hails 'very positive development for the Italian economy and the global cruise industry'
  • Suezmaxes rally as oil companies rush to book ships for November loading
    Stagnation ends in the Black Sea-Mediterranean and West African markets
  • Fifth of VLCC fleet eligible for conversion into offshore units
    As tanker market slides, owners will seek refuge in conversions
  • Fear of disclosure
    Orders to owners to unveil full information on assets have become the 'nuclear option' in charterparty disputes
  • Chinese bunker demand to grow 10% per year
    China Marine Bunker expects the country's consumption to exceed 25m tonnes in 2015
  • Greeks scale back on newbuildings
    New orders show greater-than-average drop in first nine months
  • HSH Nordbank owners prepared to increase rescue facility
    But bank says option to restore higher second-loss guarantee is 'not planned at the moment'
  • HHI suffers $73m losses from TMT defaults
    The world's largest shipbuilder books losses for seven 84,062 dwt bulkers and two 263,000 dwt ore carriers after deeming them cancelled orders
  • HSH Nordbank seeks to liquidate Omega Navigation Enterprises
    Case on brink of collapse after 15 months, as lender concedes 'Chapter 11 cannot solve weak market'
  • Responsible thinking
    Corporate social responsibility means changing a mindset, and that is probably difficult for owners looking at bleak financial horizons
  • Capesize market enjoying the ride
    Despite some bumps, brokers see capesize market staying afloat for several weeks
  • BMP4 needs to be updated to remain relevant, says Maersk Line
    Container giant arms its vessels selectively, based on risk assessment
  • Lull in piracy sparks concern that countries will cut naval forces
    Nato focuses efforts on preventing the pirating of dhows
  • Costamare offshoot pleads guilty to Rena pollution charge
    Tauranga court hands down $246,000 fine
  • Cosco Shipping warns of profit slump
    Full-year net profits to be more than 50% lower as bunker bills undermine rise in shipments
  • Korea Eximbank and K-Sure lend $3bn to Australian LNG project
    Credit will eventually go to contractors Samsung and Daewoo
  • Omega launches aggressive attack in Chapter 11 squabble
    Kassiotis company brandishes dormant US sanctions process and Greek lawsuit to browbeat lenders

Fairplayweb site
OCTOBER 26, 2012
  • Aquasition completes IPO
    BLANK-CHEQUE company Aquasition Corp began trading today on NASDAQ under the symbol 'AQUUU' after successfully completing its initial public offering
  • B&G enters OSG fray
    BRACEWELL & Giuliani announced today that it is representing a group of OSG bondholders in addressing the tanker company's threat of a potential bankruptcy filing
  • Daina pleads guilty and fined in Rena casualty
    DAINA Shipping, a subsidiary of Greece's Costamare, reportedly pleaded guilty today in a pollution prosecution growing out of New Zealand's Rena casualty
  • COSCO Shipping's profits plunge 73%
    COSCO Shipping said today its Q3 profits fell 73% year on year
  • Insurer: disputes fall even in tough times
    GERMAN freight, demurrage and defence insurer Schutzverein Deutscher Rehder has reported lower numbers of disputes this year
  • Silport's handlings rise 29%
    ESTONIAN port operator Silport said it handled 29% more cargo in January-September than in the same period of 2011
  • Tallinn buys icebreaker
    ARCTIA Shipping, Finland's government-owned icebreaker operator, said Tallinn's port has bought its multipurpose ship Botnica for €50M ($64.6M)
  • Seadrill to bid for AOD
    SEADRILL said today it plans soon to bid for all of Asia Offshore Drilling after acquiring a controlling interest in it
  • 'Pirate' killed in NATO attack
    NATO SAID its forces have killed a suspected pirate and destroyed a dhow during a shootout just metres from the Somali coast
  • Tankers auctioned in China
    NINGBO's maritime court yesterday auctioned three chemical tankers en bloc for 174M yuan ($28M)
  • Sainty Marine's profits fall 46.7%
    SHENZHEN-listed Sainty Marine's third-quarter profits slumped by 46.7% year on year to 19M yuan ($3M), dragged down by an interest payments surge
  • NOL sells HQ for $311M
    NOL HAS sold its building in Singapore for S$380M ($311M) to compatriot property developer Fragrance Group

The Journal of Commerce - Maritimeweb site
OCTOBER 26, 2012
  • Northeast Ports Prepare for Hurricane Sandy
    Seaports in the projected path of Hurricane Sandy were battening down the hatches Friday in anticipation of the storm's impact whenever it hits the Northeast coast on Monday or Tuesday. Where the storm may hit along the East Coast was...
  • Hapag-Lloyd Sets East Asia Rate Hikes
    German ocean carrier Hapag-Lloyd will increase its rates on East Asia services starting in November. Rates on shipments from East Asia (excluding Japan) to the Indian subcontinent will increase 150 per 20-foot-equivalent unit, effective Nov. 1. The subcontinent region includes ports in India, Pakistan, Bangladesh and Sri Lanka. Effective Nov. 24, the...

Containerisation Internationalweb site
OCTOBER 26, 2012
  • Schenker sets up logistics academy in China
    DB Schenker has opened its own logistics academy to train employees in China. With around 5,000 employees in 60 cities in China, DB Schenker is one of the country's ...
  • UK gets Olympic & Jubilee bounce
    A boost from ticket sales for the London Olympic and Paralympic Games, coupled with a bounce-back from the negative impact of the Queen's Jubilee holidays in the ...
  • MSC follows the pack with global reefer GRI
    MSC, the world's second-largest ocean carrier, has fallen into line with its rivals by introducing a USD1,500 per container general rate increase on reefer containers ...
  • Index-linked service contracts grow
    The use of index linked service contracts, hedging and derivative tools in the liner shipping industry is accelerating according to Michael Blach, vice president ...
  • American truckers at the cross roads
    The American Trucking Associations' [ATA] for-hire truck tonnage index advanced by 0.4% in September after falling by 0.9% the previous month; in line with the ...
  • 'Looking beyond the port gates' wins it for Peel Ports' Port of Liverpool
    That in the opinion of the judging panel was a significant factor influencing their votes in the Port Authority of the Year category in last week's Containerisation ...
  • Maersk feeder re-floated at Valencia
    The 645TEU Celia laden with empty Maersk Line equipment was re-floated yesterday almost a month after severe storms ripped it from its anchorage in the roads of ...

TradeWindsweb site
OCTOBER 26, 2012
  • T&T buys out Bisso
    T&T Marine Salvage of Texas is buying out Bisso Marine's stake in a joint venture that has earned a reputation as one of the notable names in the tug and salvage space at home and abroad.
  • Bondholders band together
    A prominent US law firm has clinched a contract to provide counsel to Overseas Shipholding Group's bondholders on the back of Monday's bankruptcy warning.
  • Scorpio poised to sting
    Scorpio Tankers' Robert Bugbee is promising to "end the debate" over the advantages of fuel-efficient "eco ships" when the New York-based owner releases its third-quarter results on Monday.
  • Gibson's winter warmer
    EA Gibson has delivered a little good news to warm the hearts of embattled tanker owners this winter.
  • Carnival doubles down
    CEO says sales may be on the horizon as fleet renewal programme gains steam.
  • Vosco weaker
    Vietnam Ocean Shipping (Vosco) has more than doubled its deficit in the first nine months of 2012.
  • A couple for Classic
    George Economou's Classic Maritime has picked up a couple of capesize bulkers on period deals with rates close to 2012 highs.
  • Deiulemar man out
    Deiulemar's former chartering surpremo has been freed from jail on health grounds, say Italian press reports.
  • Cosco lines up bonds
    Shipowner China Cosco Holdings Co (CCHC) is planning a bumper sale of bonds worth $2bn.
  • ISC hurt in third
    International Shipholding Corporation has seen its third quarter profit shrink as revenue fell away.
  • Greeks facing tax hit?
    The Greek government is reportedly considering imposing a new cargo tax on shipowners as it tries to dig itself out of its financial hole.
  • Attorney probes OSG
    OSG's legal team looks to have earned its corn in anticipating lawsuits in the wake of the tanker owner's woes.
  • CSDC doubles on bonds
    China Shipping Development Co (CSDC) is selling another CNY 2.5bn ($399.5m) of bonds to bolster its finances.
  • Life on a burning deck
    We take a look at what was said in the market in the past week.
  • Libra adds to VL weight
    TradeWinds digests the digits making the headlines this week.
  • Siem's Star rises
    Siem Shipping has posted a vastly improved set of third quarter numbers thanks to a streamlined fleet.
  • Badger badgered
    Two Wisconsin politicians want a veteran ferry to stop dumping coal ash into Lake Michigan.
  • Foggy foul-up
    A distracted watch officer and a lack of precautions have been blamed for a collision between a Seatrade reefer and a Stealth Maritime LPG carrier in fog off the UK.
  • Celia refloated
    One of the two multipurpose vessels that grounded on a Spanish beach earlier last month has finally been moved.
  • BW Gas joins BP race
    BW Gas, the world's biggest player in the segment for the largest LPG carriers, has joined the race a BP-owned VLGC .
  • ADM eyes Lindenau
    Germany's Nobiskrug shipyard is plotting a takeover of insolvent tanker-building specialist Lindenau.
  • Seadrill bids for AOD
    Seadrill is looking to takeover Asia Offshore Drilling (AOD) after taking majority control of the company.
  • Shipping hurts Santander
    Spanish bank Santander's UK arm has made loan loss provisions of £335m ($537m) as shipping's crisis drags on.
  • Koreans put up $3bn
    Korean lenders are backing domestic yards' orders for Australia's Ichthys LNG development to the tune of $3bn.
  • Harley orders barges
    Harley Marine Services has picked Lousiana-based Conrad Shipyards to build four sister-class double hull petroleum barges.
  • Costamare pleads guilty
    Costamare has pleaded guilty to causing marine pollution off New Zealand and has been fined NZD300,000 ($246,000).
  • Bumi adds to backlog
    Malaysia's Bumi Armada has added five new contracts to its work backlog that are potentially worth up to MYR249m ($82m).
  • RCL eyes more tonnage
    Royal Caribbean says it is in discussions to build a third Oasis-class cruise ship, but has yet to make a firm commitment.

American Shipperweb site
OCTOBER 26, 2012
  • Hyundai to assess PNW reefer export surcharge
    The liner carrier said this week it is implementing a new $300 surcharge on all refrigerated containers originating in the Pacific Northwest market destined for Asia, the Indian Subcontinent and Middle East.
  • Echo Global buys Sharp Freight
    Echo Global Logistics said Thursday it has acquired substantially all of the assets of Sharp Freight Systems, an intermodal and truckload brokerage firm based in Yorba Linda, Calif., and with an office in Houston.
  • XPO buys truck brokerage from OHL
    XPO Logistics has acquired the operating assets of Turbo Logistics, the freight brokerage division of Ozburn-Hessey Logistics (OHL). The cash purchase price was $50 million, excluding any working capital adjustments.
  • Hadden to lead Port of Boston
    The Massachusetts Port Authority (Massport) named Deborah A. "Deb" Hadden, deputy port director of properties and transportation, as acting port director. She will oversee all aspects of Massport's maritime department.
  • Hapag pulls Baltimore from transatlantic loop
  • Asian lines slow SE Asia-Australia loop, add Fremantle
  • Lufthansa Cargo boosts winter flights
  • Accellos adds mobile applications
  • NCA touches down at DFW airport
  • International Shipholding reports smaller 3Q profit
  • SynchroNet starts door-to-door service
  • CEVA names VP of Americas business development
  • Old Dominion moves to bigger Detroit site
  • Law firms pounce on OSG
  • Rena owner fined in New Zealand court
  • Don's Cold Storage expands in Missouri

The Bunker Bulletinweb site
OCTOBER 26, 2012
  • Weekly global bunker price roundup
    A weekly price round up of bunkering hubs from around the world.
  • Bunker prices in the Americas mixed as week ends
    Demand was heavy on the US Gulf, according to a local supplier.
  • Vessels in Halifax order LSFO from New York
    Vessels forced to order LSFO fuel from New York due to insufficient avails in Halifax.
  • 'Frankenstorm' prepares to lash US East Coast
    Forecasters calling for 'hybrid' super storm that has potential to wreak havoc along US East Coast.
  • Markets soft in North European hubs
    Good avails but quiet market in Hamburg.
  • Fujairah prices stay soft
    But mixed picture in South African ports.
  • North American ECA 'hits bunker sales in UK port'
    Vessels approaching European waters 'already have ECA-compliant fuel on board'.
  • Chinese supplier in new bid to raise cash
    Chimbusco to issue notes worth almost $48 million.
  • Arte hires bunker trader
    Logistics background before joining bunker sector.
  • VLOCs could run on LNG
    Valemax 'well suited' to carry large LNG bunker tanks.
  • UK terminal operator looking a small-scale LNG bunkering
    Technical and commercial studies being undertaken.
  • Maersk Line: LNG infrastructure 'is just not there'
    'Conventional bunker fuel is likely to remain the most practical choice.'
  • Cruise ship release offers hope to cash-strapped owner
    Australian charter to be cashflow lifeline if ship is released.
  • Daina Shipping fined for Rena spill
    'The guilty plea by the owners has led to this case being resolved in a timely fashion.'
  • Week ends with IFO prices largely down
    Supplies of marine fuels fine at key Asian ports on Friday.
  • Costly bunkers lend urgency to port investment
    Bigger ships will want quicker turnarounds.
  • US study considers impact of speed limit on OGVs
    Finds various emissions decreased by up to 70% when vessels adopted speed of 12 knots, when compared to regular speeds.
  • Private equity firm mulls investment in fuel efficient ships
    Fuel consumption of vessels will be the 'main thing' Vigor Capital will look at, says spokesman.
  • 'No single solution' to meet future environmental regulation
    Fixating on one solution may create 'unnecessary problems' for the shipping industry, says Shell Marine Product general manager.

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