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Independent journal on economy and transport policy
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BRIEFS
October 31, 2012
Sched Netweb site
  • US east coast ports take steps to brace themselves for Hurricane Sandy
  • China's domestic container handling soars tenfold in decade to 2011
  • DP World suffers 1pc volume decline to 14.2 million TEU in third quarter
  • Poland's ports increase January-August throughput 20.1pc to 1,065,203 TEU
  • Parked trucks clog Manila port, awaiting daily lifting of trucking ban
  • Asia Development Bank to lend US$24 million loan to China's logistics project
  • Three Chongqing trailer trucking companies to get US$1.6 million subsidy
  • Major shipping lines skip Dammam calls until heavy congestion eases
  • Heihe trade slips on weak Russian economy, currency, high Chinese prices
  • Milan developer to spend US$900 million into Chongqing logistics park
  • Kuehne + Nagel wins Lego e-commerce internet contract in Belgium
  • Xiamen government buys Dongdu Cargo facility, turns it into cruise terminal
  • DP World's CT3 to install CyberLogitec OPUS TOS to boost box capacity
  • UPS opens three healthcare distribution facilities in Asia Pacific
  • FedEx's air cargo hub in Piedmont comes under fire as traffic declines
  • Dnata's freight up 700pc on surge in heavylift cargo through Dubai airport

Exim Indiaweb site
OCTOBER 30, 2012
  • Indian Ocean Rim nations to hold talks on piracy
  • MOL recognised for climate change disclosure
  • New Safmarine 'Business Link' forum focuses on finding sustainable solutions
  • Vessel operating costs expected to rise over the next two years
  • Vigilance Awareness Week being observed at SCI
  • Deals inked for exporting 2 lakh bales of cotton
  • HBT threatens to quit Haldia operations
  • PPP to play major role in Railways' Vision 2020: Minister
  • RBI cuts CRR by 0.25 pc; keeps repo rate steady at 8 pc

International Transport Journalweb site
OCTOBER 30, 2012
  • New loan for Montenegrin emergency rail infrastructure rehabilitation
    The European Bank for Reconstruction and Development (EBRD) is providing an additional EUR 10 million to the national rail infrastructure management company of Montenegro (ZICG). Z...
  • SriLankan Airlines increases capacity on Kuala Lumpur route
    From today (30 October), SriLankan Airlines is increasing capacity on four of its 14 weekly Colombo - Kuala Lumpur flights with Airbus A330-200 and/or A340-300 equipment, instead o...
  • Fret SNCF expands its MLMC offer and opens it to international routes
    Fret SNCF, the freight division of the French state railway SNCF, is enhancing its single wagon "multi-lots multi-clients" offer (MLMC) and extending it to international...
  • Ethiopian Airlines operated first B787 Dreamliner humanitarian flight
    US plane maker Boeing recently joined with Ethiopian Airlines and Seattle Anesthesia Outreach (SAO) to deliver approximately 9 t of medical supplies to Black Lion Hospital - Ethiop...
  • US Airways posts highest Q3 earnings in company history
    The Arizona-based US Airways Group Inc reported a Q3/2012 net profit of USD192 million (excluding special items), the second highest Q3 profit excluding special items in the compan...
  • Global Express Services (Overseas Group) with new president and CEO
    Globe Express Services (Overseas Group), a third-party logistics provider with 58 offices worldwide, has appointed Michael C. Hughes as president, chief executive and a member...
  • Höegh Autoliners with new capacity from 2014
    The Scandinavian shipping company Höegh Autoliners has entered into twelve-year bare boat charters for two 6,500 car capacity pure car truck carriers (PCTC), which are to be deliv...
  • Daimler Trucks Mexico receives orders for 140 Freightliners
    Two leading transport and logistics companies in Mexico have purchased a formidable package of 140 Freightliner Business Class M2 and Freightliner Cascadia medium-duty and heavy-du...
  • Scania sells fewer trucks
    Truck maker Scania reported that its earnings for the first nine months of 2012 amounted to SEK 6.135 million. A drop in vehicle volumes, lower capacity utilisation and a high...
  • Ceva Logistics: Cochovity for business development in the Americas
    Ceva Logistics has appointed Cindy Cochovity as executive vice-president of business development for the Americas region. Cochovity has served Ceva and its legacy companies with pr...
  • Transco expanding in southern Germany
    The German logistics service provider Transco's branch office in Weil am Rhein is augmenting its contract logistics sector. The firm put an additional warehouse with 3,000 sqm of h...
  • FedEx Express builds new hub in Shanghai
    The US service provider FedEx Express is to establish a new, USD 100 million international express and cargo hub at Shanghai Pudong international airport (China). FedEx reported th...
  • DSV reports solid results in Q3/2012
    The Danish transport and logistics company DSV reported revenues of DKK 11.31 billion (EUR 1.52 billion) in its interim financial results for Q3/2012, a 3.7% increase compared to t...

World Wide Shipperweb site
OCTOBER 30, 2012
  • Report finds progress made to lower Puget Sound air pollution
  • Territorial Sea Plan workshop set for Nov. 1 in North Bend
  • Port of Anacortes holding contest to update Cap Sante Marina logo
  • TSA member carriers eye increase to dry cargo rates
  • Panama Canal Authority taps firm for bridge contract

Lloyd's Listweb site
OCTOBER 30, 2012
  • Nordic Plan offers flexible underwriting solution
    Will the London market follow Oslo's lead?
  • Skuld and Britannia increases pass pain on to members
    Both clubs apply general increases but create models to aid payments
  • New RSA cover targets charterers
    RSA dips into marine liabilities segment with $100m package
  • London Stock Exchange kicks off shipping charm offensive
    Counter-cyclical bid to lure shipping listings to UK stresses benefits of access to capital
  • Diversity brings strength to Braemar's bottom line
    Technical division's work on Rena salvage supports revenue increase
  • NOL's glass is half full
    Full-year loss will be mitigated by efficiency gains and victories over cost
  • Attica files state aid rules complaint against Grimaldi
    Greek ferry firm 'appalled' by Italian owner's comments on overcapacity in Adriatic
  • Rongsheng reports earnings collapse
    Nine-month figures reveal tumbling profits at China's top private yard
  • Say no to herd mentality
    China must avoid overcapacity in offshore as well as in shipbuilding
  • Braemar's shipbroking rises above cautious credit climate
    But deals get complicated when principals do not trade with each other, says Kidwell
  • Indian Ocean floating armouries operate in a regulatory void
    'Don't ask, don't tell' policy could compromise insurance for security firms and owners
  • German owners lack commitment to education, says nautical group
    Association slams lack of funding and onboard placements
  • Cosco loses $1bn in first nine months
    State giant posts another hefty quarterly loss
  • Cansi slams race by Chinese yards to boost offshore capacity
    It is wrong to ' blindly increase' greenfield capacity, says shipbuilder group
  • Flaminia clean-up will take two months
    German government says return of fire-damaged boxship cost more than $130,000
  • CSCL reinforces quarterly profit
    Narrower nine month net loss raises prospect of full-year profit
  • Pipeline forces CSD to deploy more tankers in overseas trade
    Riyi project could reduce demand by 138-139 VLCC shipments a year
  • Gas goes west
    With little commercial marine fuel demand in Europe, is it time to look to North America?
  • CSSC units report dismal performances
    Updated: Flagship CSSC Holdings sees profits plunge and GSI and CSSC JHI flipped into the red
  • Lower daily charter rate squeezes Rickmers' latest profits
    Company has the cashflow to ride out uncertainty, says Preben Hansen
  • Divestment contributes to slower volumes for DP World
    Dubai port giant reports strongest growth at home and in emerging markets
  • Shanghai reports profit growth despite dip in box volumes
    Operator of the world's busiest port benefits from tax rebates
  • China Shipping withdraws two Asia-Europe sailings
    Decision comes as prospects for November 1 rate hike remain uncertain
  • NOL presses ahead with this year's second bond issue
    Singapore box operator will raise $245m for general purposes and investment
  • China tanker giant posts third-quarter loss
    LNG shipping is the sole positive as CMES is hit by bunker costs and low freight rates
  • Norwegian Car Carriers issues shares to buy secondhand tonnage
    Debt financing is in place for 70% of 2010-built vessel's purchase price
  • Bergen signs shipbuilding division over to joint venture
    Partnership with unnamed European firm aims to return yards to profitability
  • Omega's Chapter 11 saga set to drag on into December
    Hurricane Sandy forces postponement of cash collateral matter

Fairplayweb site
OCTOBER 30, 2012
  • HHI's profits cut in half
    HYUNDAI HI of South Korea said net profits for the first nine months of 2012 were cut in half year on year
  • CIMC's profits crash
    SHENZHEN-listed CIMC said today its profits slumped by 52.3% year on year in the first nine months of 2012
  • Braemar posts even profits
    BRAEMAR Shipping Services, the London shipbroker and services group, today posted stable profits for 1H12 despite weak markets
  • RMT's 3Q profits fall 26%
    RICKMERS Maritime Trust said today net profits for 3Q12 dropped 26% year on year to $8.23M
  • MES profits dive 58%
    MITSUI Engineering & Shipbuilding said today that net profits for the first half of its current fiscal year dropped 58.1% year on year to ¥3.016Bn ($38M)
  • Dolphin might issue bonds
    DOLPHIN, Norway's offshore service vessel operator, said today the group might issue a senior unsecured bond with maturity in November 2016
  • NOL raises $246M in bonds
    NOL SAID it raised S$300M ($246M) from its fourth bond offering under its $1.5Bn euro-denominated medium-term note programme
  • China's breakers face losses
    CHINA'S shipbreakers warned today they would report full-year losses, reflecting a 30% fall in Chinese scrap steel prices year on year
  • Big charter box ships under pressure
    TIMECHARTER rates for post-Panamax and Panamax box ships are continuing to lose ground this week
  • China's bunker demand growing 10% per year
    BUNKER fuel consumption will rise 10% per year for each of the next three years, China Marine Bunker Supply has warned
  • Adelaide move costs DPW
    DUBAI Ports World told Fairplay today selling its stake in Adelaide's box terminal has caused a 17% year on year fall in its volume in the Americas and Australia
  • Chinese ordered more newbuildings than Greeks
    CHINESE companies booked more newbuildings than their Greek counterparts in the first nine months of the year, broker Golden Destiny has revealed
  • Daiichi Chuo Kisen warns of bigger losses
    JAPANESE ship operator Daiichi Chuo Kisen Kaisha has warned of bigger losses ahead of its results for the first half of its fiscal year
  • Chinese shipbreaking gains as Bangladesh fades
    CHINESE shipbreakers won more tonnage last week as owners became disillusioned with the weakening market in Bangladesh

The Journal of Commerce - Maritimeweb site
OCTOBER 30, 2012
  • Asia-U.S. Carriers Seek December Rate Hike
    In an attempt to prevent freight rates from eroding during the slack season, shipping lines that carry U.S. imports from Asia plan to increase rates $400 per 40-foot container on shipments to the West Coast and $600 per FEU to all other destinations, effective Dec. 1. The Transpacific Stabilization Agreement, a...
  • Port of Virginia to Reopen to Ships Tuesday Night
    The Virginia Port Authority said its marine terminal will start handling vessels at 7 p.m. Tuesday. After closing Monday to ride out Hurricane Sandy, the port reopened Tuesday morning at 8 a.m., but wasn't ready to handle vessels while the terminals were inspected for any storm damage. "There was no damage, only...
  • Rickmers Maritime Profit Dives
    Rickmers Maritime's third quarter profit plunged 26 percent from a year earlier on lower charter revenue and increased costs, but the Singapore-based trust said its strong cash flow would help it to ride out volatile market conditions. Net profit fell to $8.2 million from $11.1 million in the third quarter of...
  • Norwegian Car Carriers Issues Shares to Acquire Ship
    Norwegian Car Carriers is issuing shares to raise 80 million to 100 million kroner ($13.9 million to $17.4 million) to help finance the acquisition of a secondhand vessel to transport automobiles. The Oslo-listed company said it already has received offers of debt financing to cover 70 percent of the cost of...
  • NY-NJ Ports, Airports Undergo Post-Storm Assessment
    All marine terminals in the Port of New and New Jersey remained closed on Tuesday while port workers inspected them for damage. in the wake of Hurricane Sandy. All three airports in New York City also remained closed Tuesday morning, according to the Port Authority of New York and New Jersey. All mass transit...
  • Port of Virginia Reopens, But Won't Handle Ships Yet
    All marine terminals in the Port of Virginia reopened Tuesday at 8 a.m., two hours later than usual, following the passing of Hurricane Sandy. The Virginia Port Authority said there would be no vessel operations until the U.S. Coast Guard completes a port assessment and the sea lanes are reopened. The...

Containerisation Internationalweb site
OCTOBER 30, 2012
  • Carrier GRIs gets boost from capacity culls and lay-ups
    The blanking of two Asia to Europe voyages in November by CSCL, added to the voiding of sailings by the CKYH and G6 alliances and Maersk Line, is clearly swinging ...
  • DP World compensates for slack European market
    Container port operating giant DP World saw its Q3 2012 throughput contract by 1% compared to the same quarter of 2011 to 14.2 million TEU - the result ...
  • CSCL to blank two November Asia - Europe voyages
    State-run China Shipping Container Line [CSCL] will void scheduled sailings on weeks 45 and 48 on its Asia - north Europe AEX1 service to underpin the 'industry' ...
  • Super storm claims 13 lives on USEC
    The states of New York and New Jersey are today in the grip of a major disaster after megastorm Sandy made landfall last night battering the US east coast and flooding ...
  • Evergreen out of the red
    Taiwan's Evergreen Marine has returned to the black for the nine months of trading posting a net profit of USD3.6 million for the January to September period.The ...
  • Portek bucks the downturn
    Singapore-headquartered port operator, Portek International has reported a 16% increase in containers processed through its global terminals at the halfway stage ...

TradeWindsweb site
OCTOBER 30, 2012
  • Spring Bok master fined
    A Seatrade reefer captain has been fined in a UK court following March's collision with a Stealth Maritime LPG carrier in fog off Dover.
  • CFL buys Greenfleet
    Dutch shipping company CFL is taking over Greenfleet Crew as it looks to expand its fleet.
  • Tanker grounds on street
    A veteran tanker has grounded on a street in Staten Island during Hurricane Sandy.
  • CSDC falls
    China Shipping Development Corp has recorded smaller third quarter earnings as revenue fell.
  • Huge loss for CCHC
    Boxship and bulker giant China Cosco Holdings Co (CCHC) has been hit by rising costs as it turned in a mammoth loss for the first nine months.
  • Atlantska slides
    Croatian bulker owner Atlantska Plovidba has plunged to a loss as rates slipped in the first nine months.
  • CSCL swings to profit
    China Shipping Container Lines (CSCL) has returned to profit in the third quarter as box rates improved.
  • TTA's scrap success
    Thoresen Thai Agencies has cashed in its oldest bulker, it is claimed.
  • Rickmers dips in third
    Higher costs and lower revenue chalked down Rickmers Maritime's third quarter bottom line by 26%.
  • Braemar eyes 'big stuff'
    Braemar Seascope has an eye on expanding into the high-end offshore market if it can find the right name to lead the charge, its CEO says.
  • Precious ups profit
    Cutting its losses on a series of delayed vessels at India's ABG Shipyard has helped push Precious Shipping to an improved set of third quarter numbers.
  • Cargoship hits beach
    A cargoship has run aground on a beach in the Turks and Caicos Islands.
  • Rongsheng profit dwindles
    China Rongsheng Heavy Industries continues to haemorrhage profit in 2012.
  • Sasebo struggling
    Japanese shipbuilder Sasebo Heavy Industries has suffered a big swing into the red in the first half.
  • Siem in October quartet
    Siem Offshore has once again turned to a Norwegian shipyard for its latest newbuilding.
  • Two hurt in ferry fire
    Two Canadian shipyard workers have been treated for smoke inhalation after a fire on board a drydocked ferry.
  • NOCC plots cash grab
    Norwegian Car Carriers is lining up a private placement to part fund its latest vessel purchase.
  • Kyoei coming back
    Japan's Kyoei Tanker has switched its six-month earnings forecast from loss to profit.
  • MES making less
    Japan's Mitsui Engineering & Shipbuilding (MES) has posted a big fall in six-month profit.
  • Alang death toll rises
    An explosion earlier this month on a tanker at an Alang shipbreaking yard has claimed the life of another worker.
  • Drunk master jailed
    A Ukrainian captain has been sentenced to a month in a Danish jail after being found drunk on his vessel.
  • Braemar's glass half-full
    London broker Braemar Shipping Services has edged up its first-half profit amid signs of improvement in the industry.
  • Panamax demo nears 100
    Panamax bulkers sold for scrap so far this year are on the verge of passing the psychological 100 ship barrier, according to brokers.
  • Profits trimmed at SITC
    China's SITC International has seen its nine month profits trimmed by higher costs - particularly bunker expenses.
  • Basma big on India
    Hassan Basma, boss of Malaysia's Bumi Armada, says he is very bullish on the prospects for FPSO demand in India.
  • NOL gets bonds away
    Neptune Orient Lines (NOL) has successfully raised SGD300m ($245m) from its second straight bond issue this year.
  • Costs set to rise
    Vessel operating costs are expected to rise 3% this year and next according to a new survey by Moore Stephens.
  • ISC details UOS funding
    International Shipholding Corp (ISC) has unveiled how it intends to finance its acquisition of United Ocean Services (UOS).

American Shipperweb site
OCTOBER 30, 2012
  • Walmart DC 20% powered by wind turbine
    The wind turbine is Walmart's first onsite industrial-sized wind turbine and will generate about 2.2 million kilowatt hours of power, providing up to 20 percent of the Red Bluff, Calif. distribution center's annual electricity use.
  • Maersk hiking TP rates in December
    The liner carrier's increases, effective from Dec. 1, are $320 per 20-foot container, $400 per 40-foot container, $450 per 40-foot high-cube and $506 per 45-foot high cube container to U.S. West Coast ports.
  • Allee to leave Gulfport post
    Gulfport Director Don Allee will resign from his post, effective Nov. 2, in the wake of scrutiny over how the Mississippi port has used $570 million in federal funds after Hurricane Katrina, according to local reports.
  • Tanker pushed aground on Staten Island
  • Maersk adjusts for Asia-Europe winter disruptions
  • Landmark, bpost in acquisition talks
    Belgian postal operator bpost is in talks to acquire a majority share of Ontario, Calif.-based Landmark Distribution, a cross-border parcel logistics specialist, and sister company Landmark Trade Services in Canada.
  • Maersk speeds up Asia-W. Africa loops again
  • Panama Canal Authority awards contract for new bridge
  • INTTRA, Sinotrans expand agreement
  • Logistics center to open in Lansing, Michigan
  • NVO Countdown - No. 3
  • ABS opens technology center in Busan

The Bunker Bulletinweb site
OCTOBER 30, 2012
  • ABS opens energy technology centre
    Focus areas will include LNG technology, renewable energy development, alternative fuels and environmental efficiency.
  • Marine gas oil prices unchanged in Fujairah
    But markets maintained a mixed picture elsewhere.
  • US East Coast distillates may face upward price pressure
    Low inventories and imports prompt concerns about supplies ahead of winter months.
  • IFO prices down across Europe
    Weak demand seen in most markets.
  • Cosco looks to full-year loss
    High bunker prices identified as factor in weak financial performance.
  • Replacement found for arrested cruise ship
    Australian company says it has found substitute tonnage for arrested vessel.
  • Costly bunkers eat into SITC profits
    But Chinese carrier plots brighter future on expected regional growth.
  • Dynamic Oil Trading hires again
    Recently launched Wrist Group company says it expects to make further appointments.
  • Losses widen at Scorpio Tankers
    Fuel efficient newbuildings put firm in 'desirable position', says CEO.
  • IFO prices largely down at major ports
    Supplies of bunker fuels fine at key Asian ports on Tuesday.
  • Azerbaijan toughens domestic shipping laws
    Requires vessels trading within inland territorial waters to carry four additional documents.
  • Performance system achieves fuel efficiency
    Eitzen Chemical has seen improvement in vessel fuel consumption, says spokesman.
  • US barge operator posts marginal increase in net profit
    Due to high utilisation levels and price increases for services, says Kirby Corporation.
  • Director leaves Singapore-based bunker trading firm
    Resignation takes effect from October 25.

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